patrick.net

bgamall4 says

Financial centers like SF tend to keep their value. It could crash but only if the financial sector crashes. That could happen, but who has a crystal ball over 30 years?

To call your statement "naive"... would be an understatement...

http://patrick.net/?p=1235339

A Closer Look at 'Bubble Areas' (2Q2002)

www.fhfa.gov/webfiles/1065/Focus2Q02.pdf‎

Real housing prices in San Francisco and San Jose

In the past (especially the late 1980s and early 1990s) we witnessed bubble phenomena in certain areas along the coasts where supply tends to be slow to respond to changes in demand.

This quarter, we take a closer look at some of the metropolitan areas that have exhibited bubbles in the past and examine their current status. A few of the most well recognized bubble areas (historically) are San Jose, San Francisco, Boston, and Honolulu.

Silicon Valley:

Real housing prices in San Francisco and San Jose (Figures 1 and 2) exhibited bubble behavior in the late 1980s and early 1990s1. Housing values rose by around 80 percent in both areas between the start of 1984 (late 1983) and the fourth quarter of 1989. Housing values in San Francisco then proceeded to drop by 37 percent over the next six years. In San Jose, housing values bottomed out in early 1995, also declining by 37 percent....By the fourth quarter of 1990, one year after the 1989 peak, housing in San Francisco and San Jose had already lost around 10 percent (give or take a few percentage points) of its value.

Honolulu:

Honolulu is the only major metropolitan area with significant house price declines in the late 1990s, so it is an interesting case to examine (see Figure 3). Between the second quarter of 1991 and the first quarter of 2001, real housing values in Honolulu dropped by about 30 percent.

Boston:

Boston experienced the largest cycle of the 1980s, with 110 percent real house price growth between third quarter 1982 and second quarter 1988 (see Figure 4). Subsequent declines were about 28 percent over the next 7 years.

foxmannumber1 says

http://www.flowofhistory.org/themes/movement_settlement/uspolicytimeline.php

This is more fact supporting my argument that there was very little nonwhite immigration into the US before the 1960's.

The USA was not built on diversity. No country has excelled with or survived a racially diverse population.

that would be the Immigration act of 1965 Ted Kennedy pet project, which in turn
he was not to happy with after 10 years...

DECEMBER 11, 2008

NPR asks Ted Kennedy why he was so wrong in 1965 about immigration, Kennedy is evasive

In 1965, during the Senate floor debate over the Immigration Act, Ted Kennedy stated that:

"First, our cities will not be flooded with a million immigrants annually...Secondly, the ethnic mix of this country will not be upset."

These statements have turned out to be totally false, and it should have become apparent to Kennedy that this was the case way back in the mid to late 1970's. It would have been honorable of him to have come to the Senate floor and stated something like: "We goofed big time on this bill, terribly sorry, and here's a new bill to cut back on our immigration levels, and I urge its passage."

upisdown says

Now you're just proving your stupidity and the fact that you're full of shit.

Asians? Mexicans? Africans?

all thanks to the ... Ted Kennedy back in 1965 http://en.wikipedia.org/wiki/Immigration_and_Nationality_Act_of_1965#Long-term_results

He is very much correct... SoftShell says

t's called 'global warming'

In 10 generations there will be no white people.

Just mahogony blacks and washington redskins.

actually at the rate of Chinese population growth... there wont be any Whites, Blacks, Africans, and non-Chinese Asians left around... and frankly no one
left will even know who the Washington Redskins were all about....

upisdown says

Ya, po whiiiiiite trash, but with a scholarship to LSU. And a master's and bachelor's degree. If that ain't white priveledge, then what is?

Robertson received a bachelor's degree in physical education and a master's in education.[15

yes... college scholarships being used to better poor Americans ... now we are importing the poor and giving them an education at US tax payer expenses... as for the poor white or black American... no one is thinking about them.

edvard2 says

Racism- no matter what political allegiances one might have- is NOT acceptable. I grew up in the South, and while racism exists everywhere, to suggest that things were all peachy-keen back then in the South- or frankly anywhere else in the country- is a bunch of bullshit. I am in my 30's but even as a teenager I heard some utter trash coming out of people's mouths in regards to other races.

You paint a wide brush stroke regarding the south.. Robertson was speaking about his own small town in Louisiana... not the South overall or Mobile Alabama or Little Rock Arkansas .... perhaps even in his small town of poor farmers.. in his his town blacks were not mistreated but respected as godly.

and no this is not what the Liberal media wants people to see... to even think there were blacks and whites who worked together free of racism in the South back in the 50-60s was liberal blasphemy..

Frankly I can relate to how the Liberal media twists facts here.. I find many people coming to California, little dinky East Coast educated 30 year olds who have delusions that Hispanics were mistreated in by them Big Bad White Folks for decades... Yet they cant get past all the native Californian (Hispanics) who have done extremely well for over over a century. They completely miss the point here... they been brain washed by the east coast liberal nonsense.

Dan8267 says

3. Drug possession is very selectively enforced with blacks, Hispanics, and generally democrats prosecuted far more than WASP republicans even though both groups use the drugs at the same rate.

An often repeated lie of the left is that simple drug possession will get you a long prison sentence. This is not the case, even though there are long prison sentences with the only conviction or guilty plea being drug possession or intent to distribute.

When a drug dealer is arrested, there are multiple charges. These charges are usually parole violation, assault and battery, robbery, breaking and entering, possession of a controlled substance, possession of a controlled substance with
the intent to distribute, felon in possession of a firearm, firearm used in commission of a felony, felonious assault(pointing the weapon), attempted murder(using the weapon) and the list goes on and on.

The drug dealer is then offered a plea deal: Plead guilty to only the drug charges, receive a stiff sentence and all the other charges will be dropped OR go to trial for all of it and once convicted they're pretty much done for life. They always take the plea deal because the evidence is usually overwhelming and they know they were caught red handed.
This means that all the violent charges are simply dropped and forgotten about. Murder is the only charge that can't be brushed under the rug, although many rightful murders are officially classified as manslaughter pleas. The anti white US DOJ then gets to claim that violence is going down because there are no firearm or violent crime convictions even though the violent acts did occur.

Blacks are caught more often for dealing drugs because they do not hide their illegal activities as well as other races. Blacks more often drive in possession of large quantities of drugs in cars with improper equipment, on suspended licenses, expired tags and countless moving violations. Blacks are more flagrant in selling their product while loitering and often under the influence. White, Latino and Asian drug dealers simply do these flagrant acts less.

Yes, I was a little too broad in my statement. Let me amend.
You owe Blacks everything.

foxmannumber1 says

SoftShell says

Therefore, we owe it to them to expose them to the teachings and honed thought processes that have enabled the white man to achieve a higher IQ.

As I've stated before, time will make us all equal in intelligence and the racial dividers on all sides of the kaleidoscope will be the ones left behind.

Whites owe blacks nothing.

I bet when you get a flat, you drool on the rim and call it a trip.

foxmannumber1 says

The difference between white and black intelligence is significant and genetic. This intelligence gap is the root cause of all black problems. There is no fixing it.

I'm not sure about this...seems stadiums last forever..

thomaswong.1986 says

and frankly no one

left will even know who the Washington Redskins were all about....

SoftShell says

I bet when you get a flat, you drool on the rim and call it a trip.

I think it's funny you mention the wheel. The wheel is a basic tool that the modern world has found no evidence of sub Saharan Africans inventing.

"President does dick all to improve the median wage in America while taxing them more"

There I fixed the title.

So what? They are still people.
Or do you deny that?

foxmannumber1 says

SoftShell says

I bet when you get a flat, you drool on the rim and call it a trip.

I think it's funny you mention the wheel. The wheel is a basic tool that the modern world has found no evidence of sub Saharan Africans inventing.

I do not deny that they(being blacks) are people.

However, blacks have proven to be incapable of living as equals in a civilization developed for citizens with an average IQ of 100. They(being blacks) are incapable because their genetic IQ is 70-85. There is no way around this fact.

Whites deserve their own ethnostates. Blacks deserve their own ethnostates.

mmmarvel says

This just shows that you don't know the Bible. As Christians we are bound by the New Testament. Many things prohibited in the old testament that were changed/repealed in the New Testament. If he were claiming to Jewish (converted or otherwise) then you'd have a point, but he's claiming to be Christian.

"For truly I tell you, until heaven and earth disappear, not the smallest letter, not the least stroke of a pen, will by any means disappear from the Law until everything is accomplished.." - Matthew 5:18

Did heaven and earth disappear and I didn't notice? Sometimes I'm really groggy in the morning, esp. after a holiday.

Everyone knew damned well what was meant by those statements. And sorry, this- just like the myriads of other grossly inappropriate actions that I personally would have hoped we- no matter whether being conservative or liberal- would have at this point be able to universally agree to as being simply wrong- has in fact turned into another embarrassing episode where some people seem to have an automatic knee-jerk reaction to, with some eagerly jumping to the defense of these statements, and not even because of what was said, but more because they are so desperate to make it into another liberal/conservative pissing contest.

There's conservative and liberal politics where people can disagree with one another. People can argue all day long about social programs, spending, the size of government, politicians, Presidents, healthcare, and so on. While sometimes those arguments can become heated, its who we as a nation are. Its fine to debate about how we want to see things run in Washington. In the end compromise is the result.

But racism, or even the hint of it is NOT something that ANYONE, no matter what they think in regards to politics should be arguing. Its not a debate, period. Its simply wrong. There's few things that can have that absolute assertion attached.

I've been extremely disappointed and in some ways embarrassed by some of the reactions to this event. Its simply unbelievable that in this day in age that some statements made in light of this might as well have been made 200 years ago. I would have hoped we as a society would have moved beyond that. Luckily, most people do not think like that. We have made great progress in regards to respecting others for who they are and not what they look like. But this latest event is a reminder that despite that progress, more work needs to be done.

edvard2 says

But racism, or even the hint of it is NOT something that ANYONE, no matter what they think in regards to politics should be arguing

Innate differences between the races should always be discussed and researched if someone wants to talk about it. No one should be able to limit what can and can't be talked about.

edvard2 says

I would have hoped we as a society would have moved beyond that. Luckily, most people do not think like that.

White members of society have, however black member of society have not upheld their part of being a member of a productive society. That is, at a minimum, to be lawful.

Many, many people recognize the differences in black and white behavior. To admit out loud that these differences are genetic and therefore unchangeable and back it up with complete scientific fact is hearsay in our PC ridden country.

I have seen many of my middle class friends ruin their lives over the love of substances which change your mental outlook for a 1/2 a day.

I simply do not understand what is so good about being stoned? What is the short term benefit? The long term benefit?

Congratulations. You've been added to my growing list of those on my "Ignore" list.

Have any conspiracies been proven to have actually happened? All I can think of is MKultra and the attack of Tonkin.

bgamall4 says

The Texas Mafia Killed JFK and Was Involved in the 9/11 Conspiracy

I'm beginning to suspect that bgamall4 is Mel Gibson's character from Conspiracy Theory.

The Professor says

Remember the Maine!

And marijuana.

That's your blind spot, jack.
Civilization has never been developed for any IQ range.
Society has a variety of needs to be met by people in the whole range of IQ.

foxmannumber1 says

However, blacks have proven to be incapable of living as equals in a civilization developed for citizens with an average IQ of 100.

spydah_hh says

Our standard of living is based on both. Just imagine how much better off we'd be if we didn't destroy our currency or wealth while yet kept innovating. I don't think an Iphone 5 would cost $500 but certainly not 10 cents either.

We don't destroy it. The total wealth continues to grow as productivity increases. The problem is that it is distributed very poorly so the average or median family income is low.

We have a DISTRIBUTION problem.

So you deny evolution?
foxmannumber1 says

Many, many people recognize the differences in black and white behavior. To admit out loud that these differences are genetic and therefore unchangeable and back it up with complete scientific fact is hearsay in our PC ridden country.

SoftShell says

Civilization has never been developed for any IQ range.

Society has a variety of needs to be met by people in the whole range of IQ.

Race creates culture and civilization. No civilization was created to accommodate more than 1 race at a time.

Egalitarians are trying to move previously all white countries(USA and Western European nations only) away from this model, with poor results.

SoftShell says

So you deny evolution?

I embrace evolution. I think that evolution did not stop at the neck as liberals believe. To apply this logic to Whites and blacks:

2 different populations, separated by thousands of miles and years, developed different natural abilities. What proved to be the most important capability of all time, intelligence, is measurably different between these 2 races.

foxmannumber1 says

White members of society have, however black member of society have not upheld their part of being a member of a productive society. That is, at a minimum, to be lawful.

ALL Black People commit crimes?

No black man has upheld their part of being a productive member of society?

Nay, not one?

Doris "Dorie" Miller, USN
http://en.wikipedia.org/wiki/Doris_Miller
General Colin Powell
http://www.biography.com/people/colin-powell-9445708
The National Association of Professional Black Women: Homeless Meals
http://www.meetup.com/napbwinc/events/152864742/
This black couple from Atlanta: Donated their daughter's canceled wedding food to the homeless
http://www.nydailynews.com/news/national/homeless-enjoy-woman-canceled-wedding-article-1.1464704

And of course Charles Ramsey, hero of Cleveland:
http://www.youtube.com/embed/fNI0Uao2-dw

thunderlips11 says

ALL Black People commit crimes?

No. No one is saying that all blacks are criminals. No one is saying that all whites are smarter than all blacks either.

The overall number and percentage of blacks who do commit crimes or contribute nothing positive to the USA far exceeds the white numbers and percentage of negative behavior and attributes.

At rates so high, it brings up the question that Whites could have far happier and more pleasant lives without blacks around.

To have Whites subsidizing the talented tenth of blacks who have an IQ of 100 or greater means you have to subsidize the bottom 90% as well. The ROI simply isn't there.

Don Billy Bob has nice ring to it.

Drop the gun and grab the pork rinds.

You can't adjust dollars to another era it just doesn't work that way.
Especially when economic standards aren't even the same.
I mean if you gave Al Capone unlimited virtual money and all kind of creative ways to create money where none existed before. Then they would have seen 600K houses as well.

It should be called Greedesian instead of Keynesian economics.

It's like trying to compare the Sear founded back in the day the Sears that is now owned by KMart. It's just two different things.
While it makes for a nice chart, it's not an accurate picture.

All you can really do is compare the costs of living compared to wages from each era.

And you deserve your own straightjacket.

foxmannumber1 says

Whites deserve their own ethnostates. Blacks deserve their own ethnostates.

tatupu70 says

We have a DISTRIBUTION problem.

Would bet money they are comparing Mean wages in 1938 to Median wages today.

In fact, I am certain the "average" wages shown on the table are median wages. SSA.gov publishes the data and shows Mean wages at 42,500 vs. median wages at 17,500 for 2012.

Every retard with an adding machine turns into statistician when he starts a blog apparently.

Prices rise with demand. An increase in access to credit can skew prices when not compared apples/apples. One could not get a 4% 30 year mortgage in 1938. Now you can. Completely different demand curve.

Call it Crazy says

This chart demonstrates that "adjusting for inflation" does not adjust for inflation. If it did, then the average price of all goods and services as based on what people actually buy would actually make their adjusted prices.

Just because some idiot says his formula adjusts for inflation, does not mean it actually does.

Strategist says

So what if the dollar loses value? Has no relevance to the standard of living.

Actually, it has quite a big impact particularly in the medium term. It's not inflation, but rather the specific mechanism of inflation that is the problem. If we wanted to expand the currency supply to ten fold its level, we could do so fairly and socially justly by simply increasing everyone's bank account, wallet, wages, bills, and debts by a factor of ten. Simply move the decimal place over one spot. Doing so would have zero effect on the economy.

The way in which inflation is actually implemented, however, is vastly different. It transfers purchasing power from savers to banks, from the middle class to the rich elite.

Currency debasement, as it is implemented and was designed to do, taxes the money people save up for a large purchase like
1. A house
2. A business
3. A car
4. College tuition
5. Medical expenses

And in doing so, it vastly diminishes what the saver can buy for his hard earned money. The financial loss of the working man is the banker's gain. He gets to buy a third yacht, while the working man goes from being able to buy a 3,000 sq. ft. house to having to live in a 1,000 sq.ft. house. That's the difference.

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 Thursday, January 2, 2014 __ Level is 105.4

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

SoftShell says

And you deserve your own straightjacket.

Only if it's white though.

"7 in 10 felons register as Democrats."

The message being,don't mess with Democrats?

The voters may be different, but the party platforms are the same in every issue that actually matters to the well being of the country and the economy.

The drug wars are to provide an easy source of black money for our intelligence agencies to use for world wide agenda pursuit and domestic freedom suppression. That's really all there is to it.

What cold weather? it's 75 and balmy here...
Call it Crazy says

Moderate Infidel says

SoftShell says

And you deserve your own straightjacket.

Only if it's white though.

And the long sleeves are great to stay warm in this cold weather!!

wrong. the percentage of white on white crime is far greater than black on white crime. ( don't forget to count 'white collar crime' you jackass )

foxmannumber1 says

At rates so high, it brings up the question that Whites could have far happier and more pleasant lives without blacks around.

Statistically heterosexuals are responsible for 98% of all crimes.