patrick.net

CaptainShuddup says

Yet, I'm always right.

I should change my handle to Al Weiss Right.

You are a legend in your own mind.

Well it is one honor that I wish Obama would prove me wrong.
But the more Teaparty, Racist, Republican I sound while describing the shit storm that Obama's short sighted follies will create, then the more right I am.

Obama is free to prove me wrong anytime. Though most here suspects he never will.

He's not even on your side. If you wanted to sit at the table with Obama, you would be sitting at the kiddie table with Cheney, Rove, and Woody. Obama sits with his Corporate titans in Bush's old Captain's chair.

bgamall4 says

YOu are full of it. Most people had no clue prices went down in real estate. The shills said it wouldn't. Remember David Lereah?

Wong, your defense of Wall Street is shameless and disgusting.

I don't think it's fair to call him shameless or disgusting. I agree the lenders need to be held responsible, so does the mainstream media for withholding the truth and being in the back pocket of the banks and real estate associations, but the public is still responsible for their own choices and mistakes. None of them should be bailed out, nor should a person be bailed out if they make a bad investment in the stock market. It really is time people start taking responsibility. Big business needs to be held accountable, but so does each individual. We live in a bailout culture that has learned to validate all negative actions under the sun. I believe we need to return to having standards and taking responsibility. We can't expect politicians and business leaders to take responsibility if we are not willing to take responsibility ourselves.

bgamall4 says

Most people had no clue prices went down in real estate.

Actually, people did know. We were encouraged to jump in before the bubble by almost everyone and the media backed them up, but just a little research showed us that housing went up and down a little, basically followed inflation, and was generally no more than twice the median income. One thing was obvious, nothing in our history looked anything like the market before the bubble, or now. It wasn't extensive research, just looking up the facts available to everyone. Patrick.net warned of the coming bubble and the shady loans the whole time. This very website warned of the clearly inflated housing market of the late nineties, and kept warning citizens with articles, graphs and historical evidence all the way to the bubble burst. The information was available, but everyone wanted to be in on the wave. It happens with stocks, gold and all kinds of potential investments. No one should be bailed out if an investment goes wrong. An investment is a gamble, and no one can convince me that people buying a home for nine times their annual income had no clue it was a gamble. They knew.

This must be the "I'd rather have a bottle in front of me than a frontal lobotomy" study.

Hard to really figure out how they sorted out the controls for this study, although the conclusion is one of those "Annals of DUHHHH!" stating the obvious things.

Did the study account for the reasons for the heavy drinking? Maybe loss of memory was the best thing to happen to those poor saps.

Call it Crazy says

"because of time constraints, CMS is awarding the Accenture contract on a
sole-source basis."

This reminds me of Halliburton, Dick Cheney and no-bid contracts in iraq. Obozo the lying hypocrite is worse than Bush.

hrhjuliet says

but the public is still responsible for their own choices and mistakes.

we continuously over look this especially when we hear about "recovery"
in prices vs a long denied correction downward to normal market balance.

yes the public is responsible for denying a house bubble existed before in late 80s and more recent. How could so many be in denial in 2002 given 10 years prior we all pretty much saw prices decline, even written in the papers.

bgamall4 says

I don't buy that at all. Most people just wanted a house for their families, and the few that were on the wave were taught by Lereah that the real estate could not crash.

If you you believed anything Lereah said, you were trully a fool.. no Lereah even back in the early 2000 was catching flack for his comments.. no wonder he left the NAR from the public pressure.

bgamall4 says

So if the doctors require that you diagnose your own illness and you screw up should you be held responsible? Lenders are responsible for telling you how much house you can afford and it was against the law to lend more to people than they could pay back. Notice the FIRREA Act of 1989 that W ignored.

Hype... it was all hype as we have seen since the Gold Rush which lured many westwards... As far as Regulations or lack of ... even the SEC act 1933/34 failed to prevent the Stock Bubble of late 90s. Even though we had Tech companies IPOs before and mindfull buying/selling was based on revenue growth, earnings, and Price to Earnings matrix. All that failed somewhere around 1995-2000...

just ask your typical bubble head why they think their home is worth $1M... there are lots of them in SF prime...

bgamall4 says

So if the doctors require that you diagnose your own illness and you screw up should you be held responsible? Lenders are responsible for telling you how much house you can afford and it was against the law to lend more to people than they could pay back. Notice the FIRREA Act of 1989 that W ignored.

. It is a very different situation. I always research my own diagnosis, and in one case my research helped lead to answers for my little cousin when the doctors had said her elimination process was probably just diet. It wasn't her diet, and she needed intervention and she got it, due to my research. I agree that the banks should be punished for not following the law. But in the case of the homeowners the information WAS available and a bail out for homeowners is not a fair solution. They took a gamble, and it was a poor one. I am sorry that happened to them, but they must take responsibility for their own choices. The information was easily available and this very site was a source.

bgamall4 says

lostand confused says

Perhaps you just aren't smart enough to see the obvious. Perhaps you are lost and confused.

Note that this article is from zero hedge. There are 500 million lines of code? I don't buy that. How about some documentation on that? Never happened with ZH.

bgamall4 says

hrhjuliet says

I always research my own diagnosis,

No you research the disease, not the diagnosis.

No, I always do both. With something as important as a diagnosis or a potential disease, I would always research the heck out of them and get a second opinion, and often a third and fourth opinion.

What if you drink and do some mnemonic exercises, while smashed?

Doesn't that simply kill the bad cells and strengthen the good ones?

How did they get a bunch of drunks to take IQ tests over and over?

How did they know how they would test if sober?

If they were comparing the drunks to a less drunk or non drinking control, I would say the drunks did pretty darned good by comparison.

If you sobered them up, they might even do better than the controls.

bgamall4 says

Apparently that was not what was seen by many, many people. You may be right, or you may not be right. You weren't there. They were.

Neither were you there. People said they saw a streak of light and then an explosion. The streak of light was the plane, on fire. The explosion was the plane exploding. No mystery there. No reason to turn it into something it was not.

Oh of course I forgot, it's on the web so it has to be true. Every single article about the 500 million lines of code goes back to a single article in the NY Times that says "According to one specialist, the Web site contains about 500 million lines of software code" Who is this mysterious specialist and how do we know he/she is telling the truth or even knows the truth? Gee I guess no one has ever told a NY Times reporter a lie before. You think?

CGI's people wrote 500 million lines of code in less than 18 months, including analysis and design. Bullshit. A lot of you guys are coders, you know this is bullshit. No one has ever done anything even remotely close to that starting from scratch.

No no, Big Mal -- honeslty, I just think that ol gal's got her salmon grabber mashed into the poor girl's face, distorting her lip upward to resemble a kind of smile.

Look to the eyes. Those are not smiling eyes.

I'll drink to that

Call it Crazy says

I think the results show that....

You only need 1 line of code to have a poorly designed and functioning program if you do it right.

APOCALYPSEFUCKisShostikovitch says

Accenture.

I am sure they'll spend the money.

Working system and auditable performance and iron-clad security tech and protocols?

Accenture?

Well, they could have gone with Deloitte!!!

So by your own sarcastic volition everything you say must be false.

bob2356 says

Oh of course I forgot, it's on the web so it has to be true.

Interesting. Drinking will really give us effects such as this. Just like in smoking, which is considered life threatening since it is the cause of so much disease that lead to death. Though, drinking cause less, we can still tell that mental decline is something we should think about.

Crude photoshop of what she might look like if her cheek weren't being smashed upwards.

Homeboy says

Crude photoshop of what she might look

Photoshop? You mean that there are pictures that might have been altered? You mean you can't trust what is posted on the internet? No say it ain't so joe. If it's on the internet it HAS to be true. It HAS to be true. Pictures like this PROVE there are massive hoax's being put on every day. They PROVE it!!!! Why if the pictures were photoshopped the hoax truthers would actually be hoaxers. We would have a hoax death spiral. The mind boggles at the possibilities.

Ok you can delete it now mosquito dick.

SoftShell says

So by your own sarcastic volition everything you say must be false.

bob2356 says

Oh of course I forgot, it's on the web so it has to be true.

No, that's a very poor read of what I said. I don't believe in things that come from an obscure anonomous reference to be engraved in stone especially when they seem very unlikely. Even when someone puts them up in a very nice looking chart.

It's called skepticism, something that somehow seems to be lost when dealing with the internet. Maybe there are 500 million lines of code, but I don't know that and neither do you so your assertions that having 500 million lines of code is the problem are meaningless.

A "recovery" "without real income growth" that needs life support

http://www.theburningplatform.com/2014/01/19/the-retail-death-rattle/

Call it Crazy says

Why basically repeat what was in the OP????

In a word tautology

Call it Crazy says

The median income today is about $51,000, while the median home price is
$328,000.

Source? That median home price sounds way too high.

http://ycharts.com/indicators/sales_price_of_existing_homes

says $196K

www.census.gov/const/uspricemon.pdf

is a bit out of date, but shows it in the low $200s.

i published the newspaper at my school for about 10 years. the biggest problem i had when taking pictures is that some people will always look into the camera and smile, regardless the circumstances taking place. i never figured out the rhyme or reason, just realized i had to talk to them first and stage some realism!

Call it Crazy says

We already know you don't read complete threads for the answers... Go check
out the post above from your butt-buddy, you'll find what you're looking
for....

Wow--lots of sarcasm from someone who doesn't know the difference between average and median.

Care to try again?

Then why should we believe you?bob2356 says

SoftShell says

So by your own sarcastic volition everything you say must be false.

bob2356 says

Oh of course I forgot, it's on the web so it has to be true.

I don't believe in things that come from an obscure anomonous reference

CIC--

Since you claim I never post any data or links, here's one for you.

http://www.differencebetween.net/science/difference-between-average-and-median/

Read up!

bgamall4 says

So what is your point?

My point is, the girl is not laughing. Her cheek and the side of her mouth are being pushed up by the woman's arm.

Call it Crazy says

Who knows how many lines there are, but the question is, can ANY company go in and re-work all the operational pieces in a few months and get it to work right??

No. What does that have to do with what I said? You're the one who said "all 500 million lines".

MrEd says

Then why should we believe you

Believe me about what? I said that in my opinion is that there isn't 500 million lines of code or even close. That's why it's called an opinion, there's nothing to believe. If I said there ARE less than 500 million lines of code then that's called a statement and you are free to believe or disbelieve me. Or even prove me wrong if you can find any proof.

bgamall4 says

Homeboy says

My point is, the girl is not laughing. Her cheek and the side of her mouth are being pushed up by the woman's arm.

You are one dumb fuck.

Whoah! Geezus, Big Mal! You do not cuss a guy out for simply disagreeing with you!

But...let's go with your premise: let's say the girl isn't having her face distorted by an overly huggy bear. I think it's possible that the kid is just weirded-out. She's got all kinds of chemicals coursing through her tiny brain. Adrenaline can make you pretty freaky. Mix that in with somebody taking her photo...you know, she's suddenly thrust into something very dramatic, and the eye is on her. Maybe she never received that kind of attention anywhere else ever before. Given our celebrity worship culture, I think it is not unreasonable to think she was camera conscious.

If she was smiling, it seems very likely to me that it was more to do with sheer bewilderment, and less likely a case of, "we're gonna fool them all!"

What's going on right now? The price is completely flat. Some circuitbreaker tripped?

Edit: NM. MLK holiday.