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2005 Apr 11, 5:00pm   197,063 views  117,730 comments

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44350   Strategist   2014 Mar 21, 4:48am  

jojo says

Ok. I will look for an escrow service.

No escrow in their right minds will take this on.
It's illegal betting.

44351   Strategist   2014 Mar 21, 4:51am  

jojo says

Strategist says

jojo says

Ok. I will look for an escrow service.

No escrow in their right minds will take this on.

It's illegal betting.

No one needs to know its a bet of any sort. We just need a third party.

Escrow needs a contract. How will they know who won?

44352   Strategist   2014 Mar 21, 4:54am  

Strategist says

jojo says

Strategist says

jojo says

Ok. I will look for an escrow service.

No escrow in their right minds will take this on.

It's illegal betting.

No one needs to know its a bet of any sort. We just need a third party.

Escrow needs a contract. How will they know who won?

Robber baron the banker will be glad to hold it - for ever.

44353   Y   2014 Mar 21, 4:56am  

Thats low information planning. So typical of you.
We declare war on Ukraine instead over unpaid loans with the indiginious ruskkies becoming collaterial damage.
lostand confused says

Does one really think we can declare war on Russia?

44354   Heraclitusstudent   2014 Mar 21, 5:21am  

Call it Crazy says

Go back and ask the people in the 2007 to 2009 date ranges if they liked the 3% annual climb they had in prices....

Sure. But it's a question of whether we are more like 2004 or 2006.

44355   Strategist   2014 Mar 21, 5:25am  

Heraclitusstudent says

Call it Crazy says

Go back and ask the people in the 2007 to 2009 date ranges if they liked the 3% annual climb they had in prices....

Sure. But it's a question of whether we are more like 2004 or 2006.

Why does it have to be a boom or a bust?
It could be a slow moving boring market for years.

44356   zzyzzx   2014 Mar 21, 5:30am  

John Bailo says

Last time, he gathered up a few multicolored shirts (not far from t-shirts) at Macy's and with a few other things, cologne, it ended up being $600

Then perhaps you should take him shopping at WalMart instead.

44357   Heraclitusstudent   2014 Mar 21, 5:32am  

Call it Crazy says

Place your bet... Which one is it??

I have no idea.

I would bet the market would be lower in real terms in 2024.

44358   Heraclitusstudent   2014 Mar 21, 5:40am  

Call it Crazy says

What about in the next year or two?

I have no idea.

44359   John Bailo   2014 Mar 21, 5:47am  

zzyzzx says

you should take him shopping at WalMart instead

You don't have children do you?

44360   Tenpoundbass   2014 Mar 21, 5:59am  

maybe when he gets out of office, he can ride in the back of a work truck with Jimmy on the way to a Habitat for Humanity home build.

44361   Vicente   2014 Mar 21, 6:24am  

zzyzzx says

Wouldn't drones be well suited to search for the wreckage over open ocean?

Most drones don't have the kind of range needed. They are long-endurance and low-speed to loiter over combat zones. The infamous Predator for example:

Range: 675 nmi (675 mi or 1,100 km)

A nearby ship could do lots of detailed searching I suppose, but ship-launched is more complex. The X47-B could do it, but it's not operational yet.

44362   Vicente   2014 Mar 21, 6:57am  

Well everyone knows Obama is an empty suit, and wears Mom jeans. Obama also knows EVERYTHING thanks to the NSA and is an iron-fisted dictator. Just like Jimmy Carter.

44363   CL   2014 Mar 21, 7:20am  

Vicente says

Well everyone knows Obama is an empty suit, and wears Mom jeans. Obama also knows EVERYTHING thanks to the NSA and is an iron-fisted dictator. Just like Jimmy Carter.

Kind of like Reagan was a simpleton mastermind. That always made us on the left seem illogical too. :)

44364   Vicente   2014 Mar 21, 7:24am  

CL says

Kind of like Reagan was a simpleton mastermind.

Ah but Reagan WAS a mastermind.

http://screen.yahoo.com/president-reagan-mastermind-000000075.html

He just acted the simpleton.

RIP Phil Hartman

44365   FortWayne   2014 Mar 21, 8:42am  

Straw Man says

Iosef V HydroCabron says

The toppling of the pro-Russian regime was a consequence of CIA and other U.S. government backing for the opposition and the protesters.

What a steaming pile of crap.

Someone had to finance that operation, it was not a cheap job. Don't know if it was us or someone else, but we do have a history of doing that with other countries.

We did the same thing in Egypt recently after elections didn't go the way we wanted them to.

44366   FortWayne   2014 Mar 21, 8:44am  

Vicente says

Ah but Reagan WAS a mastermind.

Yes he was, and he was damn good at it too!

44367   dublin hillz   2014 Mar 21, 9:01am  

Yeah if a doctor has membership at 40 wineries and lives "check to check" then they are poor by choice.

44368   Heraclitusstudent   2014 Mar 21, 9:15am  

sbh says

What is "recent" is scalable, and recency bias or normalcy bias is easily used by those who oppose trend.

The recency bias from the past 1200 yrs is that we are 'recovering' from the fall of the Roman Empire.

When SHTF, and cannibal barbarians arrive, this will be revealed as one big illusion.

44369   ttsmyf   2014 Mar 21, 9:23am  

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 Friday, March 21, 2014 __ Level is 103.8

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

44370   HydroCabron   2014 Mar 21, 10:00am  

I'm not sure whether or not this is an outrage, as I don't know whether the kid was black.

I'm not racist.

44371   HydroCabron   2014 Mar 21, 10:02am  

Why waste taxpayer cash on this?

If Malaysian Airlines continues to crash planes, people will stop buying tickets.

Let the free market take care of it.

44372   humanity   2014 Mar 21, 10:22am  

Well, I guess this is pretty close to the last we will be hearing from the troll who calls himself "jojo."

That guy is going to be using a different identity soon.

44373   Heraclitusstudent   2014 Mar 21, 10:50am  

Call it Crazy says

Two-thirds of those who live paycheck to paycheck aren't poor

If you don't have 6-12 months of living expenses in front of you: you're poor.

44374   Facebooksux   2014 Mar 21, 10:51am  

jojo says

Ok. I will look for an escrow service.

Patrick should be trustworthy.

44375   Tenpoundbass   2014 Mar 21, 11:00am  

Carter wasn't a baaaaad President, he just didn't know how to be a good President. His brother was an embarrassment, and by time the failed Iran hostage rescue, the Elitist Democrats distanced them as far as they could from Carter. In contrast to Obama ever fuck up is obscured in unaccountable secrecy shrouded in unsubpenable misinformation.
Had Carter had the spin team Obama has, or even Regan for that matter, history would blamed Nixon and Ford.

44376   Tenpoundbass   2014 Mar 21, 11:05am  

Call it Crazy says

The study, released at a Brookings Institution event, found that these so-called wealthy-hand-to-mouth are older than their poor paycheck-to-paycheck counterparts, have higher incomes (about $50,000) and hold substantial illiquid assets (also around $50,000 on average), like real estate. The poor who live paycheck to paycheck have median incomes around $20,000.

Hey they've got more LET'S GITTEM!!!!
YEAH!!!

44377   hrhjuliet   2014 Mar 21, 11:12am  

This is fun. :-)

44378   Strategist   2014 Mar 21, 11:21am  

Call it Crazy says

The study, released at a Brookings Institution event, found that these so-called wealthy-hand-to-mouth are older than their poor paycheck-to-paycheck counterparts, have higher incomes (about $50,000) and hold substantial illiquid assets (also around $50,000 on average), like real estate. The poor who live paycheck to paycheck have median incomes around $20,000.

Making $50,000 is not wealthy. It's below average.
Affluent is described as having $1 million to invest.

44379   hrhjuliet   2014 Mar 21, 11:22am  

I would still like to see a comparison between Carter's record and the Presidents after him. I doubt I will.

And really? Making fun of his work for Habitat for Humanity? The other presidents retire in elitist splendor, and Carter lives a modest life, while he and his family donate their money and time to extremely wonderful charity groups, and that's a reason to make fun of him?

I'm still waiting.

44380   Tenpoundbass   2014 Mar 21, 11:39am  

In the 80's you could have retired with just 100K in the bank.
And lived off the interest.

A million today wouldn't last very long in the bank.

44382   hrhjuliet   2014 Mar 21, 11:51am  

I don't have anything to measure, so I get to just sit back and enjoy the show. Maybe I should host a digital game party? Popcorn for Patrick, taco salad for corntrollio, CIC some Wild Turkey, wine for Logan, home brew for Dan, and face for Mr. Shostakovich.

Everyone is invited, but the Baron, unless he promises to behave. Turtledove can bring her brownies, and I will make some crazy farm to table Alice Waters recipe and leave it out where Mr. Shostakovich can find it, but not in a place where he has to admit that is his real food of choice; face free.

There is my virtual game party. Feel free to bring anything you like. ;-)

44383   casandra   2014 Mar 21, 12:21pm  

If one has to work for a living then they are considered poor! Rich don't work, they sit on one side of a table and make deals over lunch. Only the poor work for others, even if your a doctor. If you had the money why would you work. Even those with higher incomes are slaves to the lifestyle they have gotten trapped in. That's my take, but I am sure there are some examples. And don't bring up Hollywood, they are slaves to the media and must to what and support what they want or else they get hit...hard!

44384   John Bailo   2014 Mar 21, 12:32pm  

Heraclitusstudent says

If you don't have 6-12 months of living expenses in front of you: you're poor.

The rule I've heard is more like 2 years. That's probably right given the hiring environment.

44385   John Bailo   2014 Mar 21, 12:35pm  

CaptainShuddup says

A million today wouldn't last very long in the bank.

Yes absolutely. For example, I hit rock bottom around 2004, and by very frugal living managed to dig myself out of debt and into plus savings. Almost zero extravagances, living like an immigrant/outsourcing worker.

But what is the result of that decade long savings? Today if I pulled together each and every cent I own, I could maybe swing half of a really good house, but then I would also have zero savings from that point on and would still have a mortgage.

And I have what many might term a well paying job and I have worked many extra hours. Also, I feel like I can't make a single wrong move, or I'll end up right back where I started from, like almost everything is a trap or a swindle designed to relieve me of my cash.

44386   Tenpoundbass   2014 Mar 21, 12:52pm  

casandra says

Rich don't work, they sit on one side of a table and make deals over lunch.

I know plenty of people who aren't rich, but make money by sitting at a table all day and making deals.

44387   Strategist   2014 Mar 21, 12:56pm  

Call it Crazy says

Strategist says

Making $50,000 is not wealthy. It's below average.

Go look up median income in the US...

Strategist says

Affluent is described as having $1 million to invest.

I don't recall reading about the affluent in the article above living hand to mouth....

Different article.
http://money.cnn.com/2013/07/24/investing/wealthy-investors/

44389   Y   2014 Mar 21, 12:59pm  

Not in the bank.
But you could buy four 250k shacks and live off the rental income..
CaptainShuddup says

In the 80's you could have retired with just 100K in the bank.

And lived off the interest.

A million today wouldn't last very long in the bank.

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