patrick.net

jojo says

@tatupu

gsr says

So? What is your beef actually?


You think corporate bond yields are low due to some other reason, and the Fed has no effect in influencing it?


Why do you think corporate debt level is at historic high?

I think that's been explained numerous times. With the current levels of wealth disparity, the US is literally awash with cash looking for somewhere to go. A lot of it goes into bonds which drives the yield down. It's called the free market--not the Fed.

Call it Crazy says

Why???? You do ALL the time!!!

Example?

Who am I kidding. Of course you won't have any examples.......

Iosef V HydroCabron says

I wonder if he'll lose his MLS access for this.

He'll still have access to plenty of tight holes to exploit regardless.

So I vote for him being allowed MLS access as it won't make a difference in justice.

Call it Crazy says

Here's your examples:

http://patrick.net/comments.php?a=2670

Yep--that's what I figured.

Call it Crazy says

Should we start a poll here to see how "useful" your comments are and let the membership decide??

Sure--and let's do the same about your comments.

Just when I thought you could not raise the bar any higher...

I see a PSA, quite noble

APOCALYPSEFUCKisShostikovitch says

Witnesses called police, alleging their neighbor was raping his 8-month-old female dog on his porch.

Nothing gay about that, so at least he isn't some homo sicko like FortWayne is always worried about.

To all the Baby Boomers thinking about moving to Florida, remember this is what you are moving to.

APOCALYPSEFUCKisShostikovitch says

Witnesses called police, alleging their neighbor was raping his 8-month-old female dog on his porch.

Are you sure it wasn't just a Baby Boomer and a Millennial. It's pretty much the same relationship.

APOCALYPSEFUCKisShostikovitch says

Dan8267 says

FortWayne

Is FortWayne being stalked?

Did he recently retire to Florida, or vacation there? 61 would be about the right age, and Bull would be a more apt name....

Maybe the dog was his preferred mortgage broker.

corntrollio says

As I mentioned, the fire also has to be just bad enough to disable some stuff, but not everything, which seems odd too.

No, I think his theory is that it wasn't the fire that disabled systems, but rather the CREW that disabled the systems in the process of trying to diagnose what went wrong. And he claims there's precedent for that:

The 1998 crash of Swissair DC-10 off Nova Scotia was another example of heroic pilots. They were 15 minutes out of Halifax but the fire overcame them and they had to ditch in the ocean. They simply ran out of time. That fire incidentally started when the aircraft was about an hour out of Kennedy. Guess what? The transponders and communications were shut off as they pulled the busses.

Homeboy says

No, I think his theory is that it wasn't the fire that disabled systems, but rather the CREW that disabled the systems in the process of trying to diagnose what went wrong.

I got that part. What I mean is that the fire disables things enough that the pilots have to diagnose it, as opposed to just shooting halon in the cargo hold or shutting down an engine. The hypothetical fire also disables the flight crew in this scenario, but doesn't disable the plane, which keeps flying for several hours. I'm not saying it's impossible, just saying that it's a potential problem in the explanation.

I'm familiar with the SR 111 incident, but that plane was disabled enough that it crashed, quite forcefully, I might add. If I remember correctly, the FDR and CVR stopped recording about 15 minutes after smoke was first detected in the cockpit, and the first officer was still alive at the controls for at least another 5 minutes because he shut down one of the engines about a minute before impact.

I'll wear my tutu and tiara.

tatupu70 says

With the current levels of wealth disparity, the US is literally awash with cash looking for somewhere to go.

Really? You think we have net more cash than what we had in 1980? How do you think it happened? Do the rich guys more grow cash on trees?

Robber Baron Elite Scum says

And ME in person so I can choke and kill all you worthless fucking peasants.

And I thought all that you really wanted was some ass fucking.

gsr says

Really? You think we have net more cash than what we had in 1980? How do you think it happened? Do the rich guys more grow cash on trees?

Productivity increases.

I saw a female pit bull dragging a realtor around by the penis once. I wondered why the pit bull had such bad taste.

Call it Crazy says

tatupu70 says

gsr says

Really? You think we have net more cash than what we had in 1980? How do you think it happened? Do the rich guys more grow cash on trees?

Productivity increases.

Proof??

He is right. Productivity is what increases our standard of living. As good as more money.

http://www.economist.com/blogs/freeexchange/2012/09/productivity-and-growth

Call it Crazy says

He is right. Productivity is what increases our standard of living. As good as more money.

http://www.economist.com/blogs/freeexchange/2012/09/productivity-and-growth

What's going on, is the parrot patrol working in tandem tonight?? Are you texting each other for answers??

Don't have to. The facts eventually dominate a debate.
You can't fool all the people all the time.

I'm up for a get together.

obligatory;

http://www.youtube.com/embed/3sTJp7fzLNQ

lostand confused says

America throws more people in jail than any nation on earth.

How is this relevant? Besides, judging from the crime stats, some other countries should throw more people in jail too.

A shred of hope of debris being located:

http://www.cnn.com/2014/03/20/world/asia/malaysia-airlines-plane/index.html

corntrollio says

The hypothetical fire also disables the flight crew in this scenario, but doesn't disable the plane, which keeps flying for several hours.

Couldn't smoke incapacitate the crew without immediately destroying the plane? The guy who wrote the article seems to think it's possible.

Call it Crazy says

Proof??

Call it Crazy says

Ventura, Calif. (-20.8%).

I work in Ventura, California. We always comment on the disproportionate number of bag/homeless people in the area, more so than some parts of Los Angeles County.

We had some drizzle a few weeks ago and the temperature did deviate +/- 5 degrees from the normal 72 degrees in the year round beach climate of the area.

Hmm, what could cause a 20% drop in sales?

Agreed.

Call it Crazy says

(The "low inventory" fault was disproven by the Redfin data above).

Call it Crazy says

According to Redfin Los Angeles agent Eric Tan, “This time last year, sellers could name their price and still get 20 to 30 offers. This year, even homes that are priced competitively are only seeing two to three offers come in, often at or below list price. Pricing appropriately is crucial.”

Wow--sellers are now ONLY getting 2-3 offers at list price now? What ever will they do?

Homeboy says

Couldn't smoke incapacitate the crew without immediately destroying the plane? The guy who wrote the article seems to think it's possible.

Usually not. Generally speaking, in most aviation incidents involving a fire, the airframe starts disintegrating before the pilots die. Can it happen another way? Possibly, but this makes it less likely.

The other thing I was thinking about is that it's not really standard procedure to go to 45,000 feet (again, strong possibility that it's bad data in the first place) to put out a fire. You have checklists for fires, and you'd follow them. Also, there's nothing stopping you from depressurizing at 35,000 feet instead of an altitude the plane isn't certified for if you actually need to depressurize. There's actually a report on how depressurization doesn't necessarily help put out fires and possibly could have other consequences:

http://www.fire.tc.faa.gov/2010Conference/files/Cargo_Fire/HillDepressurizationFreighter/HillDepressurizationFreighterPres.pdf

By the way, I was re-reading the part of his article on SR 111. He gets a lot of stuff wrong factually. For example, it was an MD-11, obviously, (not a DC-10) and I'm pretty sure the comms and transponders were working until right before the CVR and FDR cut off, so there's no evidence that they pulled breakers for them on that flight. And note that the first officer was likely still alive just before the plane crashed.

I suspect there are a few other factual mistakes too -- I read somewhere that he got the facts regarding the Air Canada flight wrong too.

Even if prices of current listings pull back 10-20% this summer... They still will be priced higher than the 2011 lows. A 10-20% haircut this summer.. with the current ultra-low inventory.. We will have another hard bounce upward. So any drop in prices will see an equal rebound back up.. just like in 2011.

The only thing to stop this is if rental prices collapse. Until then.. home prices have a hard bottom just above rental parity... and will bounce off it repeatedly.

Two different RE markets in USA now.

East Coast - Inventory up, prices decline.
West Coast - Inventory slightly up, prices steady to slightly up.

Given so many wealthy techies in BA/ booming tech industry/ many imminent IPOs (e.g. Alibaba + strong stock markets), hard to believe prices would decline in BA. In terms of absolute numbers, most of the mainland Chinese went to LA and NY (which is quoted by Zero Hedge), not many come to BA. Frankly, I see a fair amount Indians, caucasian East Coasters, Europeans and middle Eastern folks in open houses. That is to say, even in California, two markets are emerging, SFBA/Portland/Seattle and southern California.

The title of the article claims that RE in "California" is weakening but cites only RE in "Southern California". This type of conclusion is misleading as California is a big State! bigger than many nations. In fact, SFBA/ Portland/ Seattle RE is comparatively more healthy than Southern California. And in SFBA, Fortress is much stronger than other cities.

Flight swallowed by a black hole:
http://www.mediaite.com/tv/cnns-don-lemon-is-it-preposterous-to-think-a-black-hole-caused-flight-370-to-go-missing/

I would not put it past Vladimir to be behing the "accident" - he could have easily dispatched FSB homies to take care of this or hired some "assets" of foreign descent to get this done. Why would he do this? So that foreign media news coverage is focused on this 24/7 which obviously takes away from coverage of ukraine/crimea.

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

Say hey! This was in the Wall Street Journal on March 30, 1999. Note "... how much it will buy."

Holy cow/interesting/compelling ...!

And where is it up to date??? Right here ... see the first chart shown in this thread.
Recent Dow day is Wednesday, March 19, 2014 __ Level is 103.3

WOW! It is hideous that this is hidden! Is there any such "Homes, Inflation Adjusted"? Yes! This was in the New York Times on August 27, 2006:

And up to date (by me) is here:
http://patrick.net/?p=1219038&c=999083#comment-999083

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

And http://patrick.net/?p=1230886

CIC, let's just talk about Santa Clara county , what do you think about the inventory over here ? I'm still seeing people flocking to the open houses.

corntrollio says

I'm pretty sure the comms and transponders were working until right before the CVR and FDR cut off, so there's no evidence that they pulled breakers for them on that flight.

Strange. He seems sure that they did, and you seem "pretty sure" that they didn't. I don't know how to account for that discrepancy. I can't imagine what motivation the guy would have to just make something like that up. There's a Wikipedia article on the Swissair crash that says "the crew shut off the power supply in the cabin". Could that be what he was referring to? Would that cause the transponder to stop functioning?

And it's working.

Look at the CNN webpage for the past week. The airliner gets 72 point font at top of page, while Crimea is 2nd billing mixed in with other shit....

Only 2 russkies and one Ukrainian on that flight have not passed the background checks at this point...
Very strange....

dublin hillz says

I would not put it past Vladimir to be behing the "accident" - he could have easily dispatched FSB homies to take care of this or hired some "assets" of foreign descent to get this done. Why would he do this? So that foreign media news coverage is focused on this 24/7 which obviously takes away from coverage of ukraine/crimea.