patrick.net

So far the idiot is you who has predicted continuous crashing for the last 5 years and was completely wrong. Meanwhile my house has gotten refinanced which has brought it down on a monthly basis to way below rent costs but also the value has gone up so I was able to secure a 100k home Equity which is laying around waiting to be used :) Meanwhile rents have skyrocketed.
If I had paid attention to your kind I would be royally f-ed now.

But I know...crash is coming...next year...or after next year...or the one after that one..or possibly one more after that one...damn it...a crash WILL COME!!

:)

Merry Xmas!

Look at this massive idiot, he is bragging about having a mortgage that he was able to "refinance"! lol

that's great! that's greeaaaaaaaat! hahaha

Merry xmas

Strategist says

Clinton could not keep his Monica affair a secret. How the hell do you convince a whole town?

And then there's Watergate: they couldn't do a simple burglary job on a hotel room without getting caught.

To hear the modern conspiracist tell it, Nixon would have picked up the gray phone (on the White House desk, with the Star of David on the receiver), placed a call to Illuminati Central Ops, and had the burglars quietly released. Reel-to-reel tapes, which self-destruct 5 seconds after play, would have informed the editors and managers of all media outlets to keep schtum. Any uncooperative hotel security or maids, or, in particular, young ambitious reporters with no respect for authority, with big mouths would have been liquidated within hours, à la Three Days of the Condor or The Parallax View.

All Illuminati members connected with the operation, including entire swaths of the CIA, FBI, State Department, and CREEP hierarchies, as well as all their ex-spouses, children, and sex workers, would have kept quiet for the rest of their lives.

This requires a belief in extremely high competence among government officials, which has never been seen in 4,500 years of recorded history. But maybe the Illuminati-Zionists deliberately created that record of incompetence, going back to Imhotep at the time of the Old Kingdom in Egypt. Maybe they are just that good - the preservation of the State of Israel demands nothing less.

Of course, if they are really that good, it would be simpler and cheaper to have just built Israel outright and preserved it over thousands of years, but I guess these devils prefer the hard, roundabout way. Hence the need to fake elementary-school massacres to gain power in a country in which AIPAC already owns the President and Congress.

SubOink says

Meanwhile rents have skyrocketed.
If I had paid attention to your kind I
would be royally f-ed now.

@SubOink - isn't this the anniversary of your purchase? If so, I hope you post that again. I kinda like seeing how much bearish pushback you get on each anniversary...almost as a barometer of where we are in the economic cycle.

bgamall4 says

You are so full of shit. You know the technological advancements in our age.

If the Illuminati-Zionists could stage the Kennedy Assassination in front of several hundred people, and keep around 1000 people - the bare minimum number who would have to know that the killing was planned - quiet for up to 50 years, then the Watergate burglary would have been no problem.

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, December 18, 2013 __ Level is 103.7

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

Strategist says

The truth is....no one cares for the Walmart workers. They don't give a rat's ass for them. People only care for themselves. Anyone who claims otherwise is lying.

Not entirely true. Yes, people don't care about Walmart workers. However, it is a false dichotomy to state that either people must care about strangers or people only care about themselves.

Clearly, mothers in general care about their children. Siblings care about each other. Friends, to a large degree, care about one another.

Human beings are not purely altruistic, but altruism is a major factor in our evolution.

Strategist says

Higher wages foe Walmart and McDonald workers means I have to pay for it. No way

Actually that's not so as I proved here.

Your conclusion is based on the faulty assumption that production costs determine price. This is only the case in which profit margins are near zero.

In most situations the price is determined by what the market will bear, not how much it costs to produce a good or service. For example, that $120 shirt in the mall cost only $2 to make and ship to the U.S. It costs $120 because that is what the buyers will pay for it.

Similarly, the Walmart workers produce far more wealth than they get back in pay and benefits. Hence, the cost of those Walmart goods is not determined by the expense of the workers, but rather buy what the Walmart customers will bear.

See the post I reference for the math.

Dan8267 says

Similarly, the Walmart workers produce far more wealth than they get back in pay and benefits. Hence, the cost of those Walmart goods is not determined by the expense of the workers, but rather buy what the Walmart customers will bear.

See the post I reference for the math.

I read the math you posted I think yesterday. I don't think it's realistic.
Look at this math.....
If the minimum wage roughly doubles to $15.00 what about all the workers who get $12.00? Do you think they will be happy with the new minimum wage of $15.00? No, they will not. They will say, hey, I am better qualified than this teenager whose only skills are to pick his nose. I finished 10th grade, and worked my way up. I want to keep getting minimum plus 50%. So now he deserves $22.50. The same thing happens to everyone above him. Eventually the whole country gets double wages.
If the whole country now makes twice as much, do you think everyone who goes out to spend will be able to purchase twice as many cars, homes, shoes, vacations etc.? NO. Not possible. Goods and services have to be PRODUCED first. All you will have is a doubling of prices and everyone will be back to square one. It's called - Wage push inflation.
The point is simple....Real wages are determined by productivity, not adding zeroes to the pay check. Only an open market can determine what the fair wages ought to be, not you, me or the President.
I agree we ought to have some form of minimum wages to prevent exploitation, but demanding twice as much because "We want a living wage" is ridiculous, and not gonna happen.

Strategist says

I read the math you posted I think yesterday. I don't think it's realistic.

Look at this math.....

Your statement regarding the doubling of the minimum wage have nothing to do with the realism of the math I posted. The numbers are factually correct, and the math itself is mere arithmetic. It is indisputably correct.

However, feel free to attempt to point out a factual or mathematical error. You will not be able to correctly do so.

As to the issue of whether or not doubling the minimum wage would be good for the economy or not, I defer to The Atlantic which makes a good case that raising the middle wage, which is at historic lows, would be good for the economy.

Dan8267 says

Strategist says

I read the math you posted I think yesterday. I don't think it's realistic.

Look at this math.....

Your statement regarding the doubling of the minimum wage have nothing to do with the realism of the math I posted. The numbers are factually correct, and the math itself is mere arithmetic. It is indisputably correct.

However, feel free to attempt to point out a factual or mathematical error. You will not be able to correctly do so.

As to the issue of whether or not doubling the minimum wage would be good for the economy or not, I defer to The Atlantic which makes a good case that raising the middle wage, which is at historic lows, would be good for the economy.

Your assumptions behind your math are incorrect, not your addition.
A sharp jump in the minimum wage will inevitably increase teen unemployment. This in turn will lead to higher crime, especially in inner cities, followed by higher incarceration costs. How does that help the economy?
If you want to really help the economy and society in general lets spend more money in education and turn more people into productive, taxpaying citizens. How about free education like in Finland, all the way to PhD? I would gladly pay more taxes for that, but free handouts or doubling up minimum wages cannot work.

Dan8267 says

I defer to The Atlantic which makes a good case that raising the middle wage, which is at historic lows, would be good for the economy.

Yes but just think of the new businesses that could emerge in this country if we can bring the cost of labor down !!

If we could get children working for say $10 per day, just imagine how much better we could compete with China !

The next step at this point is ending all public worker unions. We can find adequate people to do those jobs for way less, with no benefits. If cops have to engage in a little crime on the side, to get by, like they do in Mexico and many third world countries, then so be it.

Once we end all public worker unions and lower their pay and benefits down, we'll be ready to ratchet things down a level or two in private sector jobs too (the public sector will no longer be an option - corporate workers will have no choice but to accept lower pay). It's a zero sum game after all. How can corporations increase returns to shareholders if they can't bring the cost of labor down ?

When inflation kicks in we just won't raise their pay as much as prices increase (that is, as fast as the dollar is losing value). They will hardly even realize their pay is dropping.

Now is the time for real estate investors to think hard about where the private gated communities and the resort communities are going to be and where the shanty towns will be. Every major city is going to have to have huge ghettos or shanty towns. This is simply part of the price of free market capitalism.

Strategist says

Clinton could not keep his Monica affair a secret. How the hell do you convince a whole town?

All it takes is one person to spill the beans and sell their story to the media for $1 million.

That's your argument? None of this could've happened because people can't keep a secret? Good thing you're not a judge or a lawyer, and I pity the fool that has you as a juror.

By the way, you never gave me a response to my earlier post.

debyne says

Strategist says

Clinton could not keep his Monica affair a secret. How the hell do you convince a whole town?

All it takes is one person to spill the beans and sell their story to the media for $1 million.

That's your argument? None of this could've happened because people can't keep a secret? Good thing you're not a judge.

By the way, you never gave me a response to my earlier post.

People cannot keep a secret. There is always someone who will expose the facts for a few bucks. You know what they say in Washington....." If you want a friend, get a dog" when Monica pleasured Clinton in the Oval Office only two people knew about it, yet the secret was out. Events like 911, moon landing, and Sandy Hook would require thousands of people including the janitors, the spouses, friends and even the corner whore.
It's impossible to keep things under cover when all you need is one person who is willing to sell the story. When you combine that with a lack of motive on the part of the government, and a dozen other arguments, you are left with one simple conclusion...utter nonsense.
By the way I apologize for not responding to your earlier query, but the question was not clear to me.

bgamall4 says

If you spend time watching this video of Sandy Hook, you will see people, many people, wandering aimlessly around.

http://www.brasschecktv.com/videos/government-terror/going-in-circles-.html

Yeah, the fact that we have no idea what that's about sure is inciminating. MAybe those were parents and friends of family of kids that were killed, waiting for confirmation of the status of their child. And they had to keep moving because there wasn't a place for them to wait. But they couldn't be told to buzz off either, because of the dire nature of the information they were waiting for (pictures, of faces of the deceased), information that they were very much entitled to . Maybe half of them are media, and or some state or federal agents of some kind, who knows, it doesn't look all that strange to me. I don't know what that situation is supposed to look like.

We don't know what's going on with those people. But we do know you're either an idiot or else you're suffering from some psychiatric problem that distorts your perception of reality, probably both.

The fact that you think such a hoax is even possible proves a severe lack of reasoning ability on your part.

Here's some airbrushing samples. Studio photos such as those are often touched up a fair amount. It's easy for even the novice with photoshop. But that was a professional studio picture.

Maybe it's you that needs to wake up, and also be ashamed of yourself.

http://www.photoshopessentials.com/photo-editing/healing-brush/

https://www.flickr.com/photos/janelegate/7781857024/in/pool-1265238@N23/

http://cosmetic-makeovers.com/2007/05/16/using-photoshop-to-retouch-real-people

Then again, maybe we should all cut bg some slack. Maybe part of his issue is that he can't fathom what really happened. I can't either really, that is I don't really go to a place where I fully comprehend it. That is, the truth that someone walked into a school and shot a bunch of young children seems pretty impossible too. It's not something I'm going to dwell on very long. I don't want to think about it.

If it didn't actually happen, that would be nice.

Strategist says

Your assumptions behind your math are incorrect, not your addition.

There are no assumptions behind the math on the posting about Walmart wages. The numbers are hard facts.

Strategist says

A sharp jump in the minimum wage will inevitably increase teen unemployment. This in turn will lead to higher crime, especially in inner cities, followed by higher incarceration costs. How does that help the economy?

Where is the evidence for your assertions? I could just as easily assert that a sharp rise in the minimum wage would allow adults who have to support themselves to do so without resorting to violent crimes, thereby having the opposite effect that you speculate.

Also, where is the math behind your assertions that the minimum wage is either ideal or too high even though it has fallen in real dollars over the past 30 years? On what numbers are you basing that assertion?

tatupu70 says

When you resort to posting lame pictures, you've pretty much given up, huh.

I've given up trying to get you to actually take a position on this issue and stick with it, yes. With all the waffling you're doing, it doesn't look like that will ever happen.

Homeboy says

I've given up trying to get you to actually take a position on this issue and stick with it, yes. With all the waffling you're doing, it doesn't look like that will ever happen.

lol. My position has been consistent throughout the thread. The bailout prevented demand from falling at a time when keeping demand was very important.

In that respect it was good. Unfortunately, there were many not so good results from the bailout as well. IMO, the bad probably outweighs the good.

I'm sorry that you didn't like that I illustrated a good result from the bailout. Hopefully, it opened your mind--at least just a crack.

tatupu70 says

Call it Crazy says

It fun to watch a landlord be scared shitless worrying about his investments losing value...

Wow--you have kind of a warped sense of what is "fun". Taking pleasure at other's perceived misfortune? You're one of the "good" ones, huh?

You seem confused. Rooting home higher housing costs, is taking pleasure at everyones misfortune.

rodman can infect kim with aids with his bleeding metal facial parts...

Who does the realtor think he is? HSBC?

APOCALYPSEFUCKisShostikovitch says

debyne says

That's your argument? None of this could've happened because people can't keep a secret?

Not people. An entire town a priori recruited into a vast conspiracy that requires them to keep life-changing secrets forever with no payoff for them anywhere near equal or exceeding their investments.

How do you know they didn't get paid off? Look at all of the donation pages that spun up before, during and after the shooting...it's estimated that the families received over significant sums of money simply from that. If anything, that disgraces the dead children more than people trying to find out the truth of what really happened. It's not an argument to ignore tangible facts and counter it with simple conjecture.

Here's an article showing how this "tragedy" was leveraged for monetary gain.
http://www.nbcconnecticut.com/investigations/LWRD-Tracking-Sandy-Hook-Donation-Money-215774581.html

I always believe everything the state sponsored media tell me. It would be unpatriotic to question the media organizations owned by our super wealthy rich and influenced by the NSA! What are you, debyne, some kind of anarchist?

debyne says

Here's an article showing how this "tragedy" was leveraged for monetary gain.

Did you read the article? It says nothing of the sort.

Please post evidence that ANY of the donation pages were set up before the tragedy.

http://www.amazon.com/gp/aw/d/0312611676/ref=mp_s_a_1_1?qid=1387467647&sr=8-1

Our perceptions aren't nearly as infallible as you may think. Our brains can be fooled using the very same systems they evolved to make sense of the world.

I saw the Facebook page for Victoria Soto RIP, saw the date, created three days before the incident.
The old dude who "took in" some kids for an hour was a member of SAG.
Too many slip ups, sloppy work on a false flag. The kids who were "killed" were taken from kids that went missing over the last five years.

People in power have noticed that when a tragedy strikes that agitates the populace enough, they can pass rights-withholding laws in response. So why wait for a tragedy? Create a fake one with wholly owned media corps and start taking away rights!
It should be noted that the primary component of the gun bill that was tendered in response to the sandy hook false flag was a creation of a national gun owners registry and other information gathering. It was all about keeping tabs on us, the law abiding citizens.

bgamall4 says

This is what Israel Shahak, translator of the Yinon Plan, a scientist in Jerusalem and a Holocaust survivalist believed. And he is accused of being anti Semitic!

Gary, you still haven't proven to me what is in it for the Zionists. I'm waiting...

You would think if they have a big game plan that they would be much better at executing it, rather than waiting around for the NRA to lobby against them, which is what they did when sensible gun legislation like background checks was proposed.

This conspiracy-theory stuff makes me miss the days of the angle trisectors and circle squarers, who only pestered mathematics professors.

The deep need to to feel (a) privy to knowledge the general population refuses to see; and (b) persecuted, is best worked out through crank mathematics, and not in public forums, where they invariably claim the right to peddle their bullshit while lamenting that nobody is listening to them.

Start a forum on viola da gamba restoration, and these guys will show up.

APOCALYPSEFUCKisShostikovitch says

New Renter says

I take it you have some ideas for the concession stands as well?

How did you guess? Instead of executive boxes, we could lease private sniper nests along the shore line.

The yacht racers could, of course, hire defensive snipers to fire back, maybe sell spots on their boats to sponsor Celebrity Counter-Snipers in a cross-promotional play with the boat sponsor.

Whadaya say?

Good idea! I had been thinking more along the lines of the food offerings, perhaps Cannibal Anarchy branded hamburgers and hot dogs?

HydroCabron says

This conspiracy-theory stuff makes me miss the days

The Warren Report answered all your questions? The 911 Commission was an unbiased fact finding body?
The fact that some people make up fabulist stories, to fill in for facts that they know are missing, does not mean that the Govt does not conspire and lie.
In fact these stories help them get away with their lies.
The Pat Tillman story is a tale of conspiracy to lie to the American people for institutional and political gain.
The FBI had prior knowledge in OK City, 93 World Trade, and probably Boston.
And lied about it solely to cover their ineptitude.

Yeah, you bears, just GTFO of investors way!

CDon says

SubOink says

Meanwhile rents have skyrocketed.
If I had paid attention to your kind I

would be royally f-ed now.

@SubOink - isn't this the anniversary of your purchase? If so, I hope you post that again. I kinda like seeing how much bearish pushback you get on each anniversary...almost as a barometer of where we are in the economic cycle.

LOL -yes it is. And I will post again...when we bought I assumed the market was going to stay flat and would have been comfortable with that but it friggin took off like a rocket from there. Bearish??? Are you kidding me?? Have you checked prices lately??

EDIT: Oh you mean bearish pushback from the perm bears? yes...LOL...

Iwag says

Look at this massive idiot, he is bragging about having a mortgage that he was able to "refinance"! lol

When your monthly payment drops $400.-/month for handing in some tax returns then ...yes, I find that pretty awesome! It sure beats a letter from a landlord raising your rent...lol

When your monthly payment drops $400.-/month for handing in some tax returns then ...yes, I find that pretty awesome! It sure beats a letter from a landlord raising your rent...lol

lol, yeah buddy, enjoy your 30 years of payments

Call it Crazy says

How the fuck are "high prices" a recovery? Would we call it a recovery if gas prices went to $5/gal? Would we call it a recovery if health care costs doubled?

A recovery is when the middle class can afford to buy houses again and have money left over to spend on other things.

We're still in the second Great Depression. Unemployment and underemployment are at historic highs not seen since the peak of this great depression and the prior one. A second bubble would be catastrophic to our economy. When it bursts, it would be far, far worse than the financial collapse of 2007 because of all the debt and the even higher concentration of wealth. Those too-big-to-fail banks are now even bigger than they were in 2007.

Rooting for higher housing prices because you already own a house is like rooting for nuclear war because you want to sell nuclear weapons.

APOCALYPSEFUCKisShostikovitch says

Can't we all be Nice?

Hey, define "Nice".

Dan8267 says

How the fuck are "high prices" a recovery? Would we call it a recovery if gas
prices went to $5/gal? Would we call it a recovery if health care costs
doubled?

If the wealthy are getting richer and Wall Street is flying high then is must be a 'recovery', what else would you call it? How many kids in this country are hungry?

Don't realtors have standards at all? I thought their licensing required mandatory attendance at courses designed to teach them how to get away with all manner of heinous crimes and deviant acts against nature?

If he can't get away with it, he shouldn't be in the game, loser.

Come on gold keep tanking................

Interesting reaction between yesterday and today. Seems some reality may be setting in.