patrick.net

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, May 23, 2014 __ Level is 104.6

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 "ThePublic Be Suckered"
http://patrick.net/?p=1230886

Funny that you didn't mention Toyota's recalls of over half a million cars yesterday (URL is wrong):

http://www.dispatch.com/content/stories/business/2014/05/22/0522-Toyota-recalls-466000-vehicles-globally.html

Of course, that adds to the millions recalled earlier in the year:
http://money.cnn.com/2014/04/09/autos/toyota-recall/

The extensive list of GM recalls of late is partly as a result of three things as far as I understand:

1) they are cleaning house in legal and other departments under Barra to ensure that these things are hidden within the organization -- which is quite difficult to do considering the institutional culture with respect to potential lawsuits;

2) they are increasingly using statistical methods to detect problems faster and be more proactive, so that another ignition switch problem with the massive fines doesn't happen again -- they don't want to be accused of sitting on problems again;

3) some of the recalls were previously TSBs that have been upgraded to recalls because of the ignition switch press -- the dealers had already been doing the repairs as needed

corntrollio says

The irony is that he stills says that he's just doing a little comedy show.

That is part of the hipster persona that keeps him popular with the under 40 crowd. When Colbert moves he will be talking to old folks...liberal political jokes will not carry him with that crowd.

Speaking of really funny comedies, have you ever watched the Last Man Standing?

Ten years ago I worked as an engineer for a 1000-employee bottom tier supplier of the big 3. Every new year we had to manufacture the same products for LESS money. There are 2 ways to accomplish this: become more efficient or cut corners. The latter is far easier. The products we made got shittier each year. We hid out of spec parts (including lots with cracked ABS rings). I know for a fact that suppliers above us did exactly the same. By the time GM etc got the components of an ABS system, for example, there were easily 5-25 suppliers who all cut corners to keep their businesses afloat. And don't blame the unions...the pressure came from the business owner to keep making a profit to cover his golfing habit.

I don't drive American cars anymore, not even rentals. Those 57 cent parts? There are thousands of them on our American made cars. The 18 million recalls are ONLY the ones publicly known. I only sleep at night because the odds of having 4 of my cracked ABS rings on the same car are zero.

Don't know why anyone thinks the looting of taxpayer assets is a big deal: assets, governments, and financial systems are always changing, coming and going, or fading away, as they have for millions of years.

There are whale fossils on mountain peaks. Arizona was once a lush, green area. 10,000 years ago, most of North America was covered by ice.

It's hubris to think that we can do anything about this: Try telling 2.5 billion Chinese and Indians that they can't flip shacks using funny money.

The real scam here is all the Chicken Little types who have made fortunes peddling scare stories about all this, when there is so much controversy in the economics community as to the root causes.

According to a new report by the California Association of Realtors, showing true signs of improvement, California’s housing market continued to perform better than expected in April with both the median home price and home sales increasing month to month. All signs point to further recovery in housing through 2015.
http://www.marinhomelistings.com/blog?post=CALIFORNIA-MEDIAN-HOME-PRICE-REACHES-HIGHEST-LEVEL-SINCE-DECEMBER-2007&xid=040600-02

Behzad says

Association of Realtors,

California Association of Sociopaths reports things improving....Got it!

According to a shill report by the California Association of Realtor shills, showing "TRUE" SHILL SIGNS of improvement, California’s housing BUBBLE continued to BUBBLE better than expected in April with both the median home price and home sales of knifecatcbers increase month to month. All shill signs point to further BUBBELY growth in overinflated housing through 2015.

indigenous says

bob2356 says

Neil was a major player in keeping tarp from becoming more of a disaster than it was. He working inside the department day in and day, He was an integral part of the entire process.

That tells me what I need to know, pass.

That's fair, you certainly wouldn't want to know exactly what happened first hand from someone who fought hard against geitner and paulson insanity. Better to read a third or fourth hand account from someone who had a major part in creating today's mess and now says how terrible it is. I'll read stockton's book soon, it's supposed to be a decent history. But it's hard to take his hypocrisy seriously.

bob2356 says

someone who had a major part in creating today's mess

Citation please...

Strategist says

Toyota certainly has no problems. What are they doing right, and why can't we do the same thing?

Gm has the third lowest recall rate .65 over the last 30 years after mercedes .41 and mazda .55 Toyota is number 7 at .80 and Ford is number 9 at .93. Do you want to rethink this statement?

Yea right those terrible gm cars. Top 5 in customer satisfaction year after year, high repeat buyers, low recall rates, #11 in jd powers quality (after 8 luxury makes, mazda, and toyota). Yep they are certainly crap boxes.

Don't let facts confuse you.

JH says

I only sleep at night because the odds of having 4 of my cracked ABS rings on the same car are zero.

Learn to brake properly and you won't have to worry about it.

justme says

I don't know how Tim Geithner could possibly think it was a good idea for him to be interviewed by Jon Stewart.

Haven't you noticed? Geithner has no shame. Whenever anyone in congress called him out on B.S., he would just make stuff up. He wants people to buy his book. The only reason I know he wrote a book is because of Stewart right now. I ain't buying it though...he's a scumbag.

I am no big fan of GM. Swore I would never buy another and haven't owned one in almost 25 years. However, I caved after driving the Chevy Volt and comparing it to other brands' cars.

Bought it one year ago. After using 8 gallons of gas in one year, and having lots of fun, I think it might be the best car I've ever owned. This car convinced me that GM might be back on track to being a good car company again.

could be worst... especially if you have a Volvo

theoakman says

bondholders had to be paid 100 cents on the dollar instead of lets say....95 cents on the dollar.

Which ones? certainly not the GM bondholders.

http://www-odi.nhtsa.dot.gov/owners/SearchResults

lot of mfg have recalls.. even Aston Martin... you think at $150K plus
it would be near perfect...

indigenous says

bob2356 says

someone who had a major part in creating today's mess

Citation please...

Supply side, trickle down, reaganomics, atlantic monthly article if you can find it. He's the one that sold this bill of goods now we have 15 trillion dollar debt that didn't trickle down.

For those of you that think cars are made worse these days than before, I present you with this:
https://www.youtube.com/watch?v=fPF4fBGNK0U

bob2356 says

Supply side, trickle down, reaganomics, atlantic monthly article if you can find it. He's the one that sold this bill of goods now we have 15 trillion dollar debt that didn't trickle down.

That is a demonstration of ignorance not a citation.

Waitingtobuy says

For those of you that think cars are made worse these days than before, I present you with this:

https://www.youtube.com/watch?v=fPF4fBGNK0U

very true, but todays cars have far more in terms of additional equipment including software ... past decades cars had few items to worry about and easy to repair.

We need both.. a good solid structure, but fewer mechanical items.. I dont need a $1000 entertainment system or extensive hoses making it impossible to change a spark plug...

indigenous says

bob2356 says

Supply side, trickle down, reaganomics, atlantic monthly article if you can find it. He's the one that sold this bill of goods now we have 15 trillion dollar debt that didn't trickle down.

That is a demonstration of ignorance not a citation.

Just following your lead.

bob2356 says

Just following your lead.

Whatever, Stockman is the real deal.

Realtors aren't the only ones who should be kept away from baseball bats.

Ben Bernanke thinks he deserves to be baseball commissioner. Problem is, he eliminated the middle class and fed them to his rich friends.

How do you fill a baseball stadium when the all the fans have been eviscerated ?

indigenous says

bob2356 says

Just following your lead.

Whatever, Stockman is the real deal.

No doubt, but he's still a hypocrite. I'll get to him soon as I see a used copy. I do like to get my information from a variety of sources with diverse viewpoints. You should try it some time.

indigenous says

theoakman says

bondholders had to be paid 100 cents on the dollar instead of lets say....95 cents on the dollar.

Which ones? certainly not the GM bondholders.

lol, you named the one group of bondholders that got screwed...oh wait, they weren't a bank. GM bondholders were fleeced.

Point not taken.

Robbie Parker is a joke. How anybody can believe he's legit is beyond me.

theoakman says

lol, you named the one group of bondholders that got screwed...oh wait, they weren't a bank. GM bondholders were fleeced.

No, which bond holders, of what company?

INVITATION to predict Tuesday's Real Homes!

As shown here

http://www.showrealhist.com/RHtable.html
the latest datum is 67.685 for 2013 Q4.

On Tuesday, 2014 Q1 will be available.
What is your prediction?

bob2356 says

No doubt, but he's still a hypocrite.

You haven't cited anything he has done to be a hypocrite. He also left the Reagan administration in protest of the increased spending.

Have you convinced anyone that Sandy Hook is a hoax?

bgamall4 says

Strategist says

Have you convinced anyone that Sandy Hook is a hoax?

Lots of people are coming around to the 9/11 false flag. So sure, people learn as time goes on and they watch the fraudsters. You, strategist, are pretty stupid if you can't see that Robbie Parker is a fraud, both as a fake actor and a liar about where he was.

Surely you are smarter than that.

It's more a question of evidence then anything else. The claims presented by conspiracy theorists does not hold water.
Nobel Prize winners are among the smartest. How many of them believe Sandy Hook, 911 and Boston massacre claims that conspiracy theorists put forth?
I would say none.

indigenous says

bob2356 says

No doubt, but he's still a hypocrite.

You haven't cited anything he has done to be a hypocrite. He also left the Reagan administration in protest of the increased spending.

Stockman was the man that sold the entire package to congress and the public in the first place. Then he was dumb enough to admit in an interview that it was all just a "stalking horse" (his words) for lowering the top tax brackets. He was the one that set the budgets increasing the spending in the first place then pushed them through congress.

He left because the handwriting was on the wall politically and he had a very nice revolving door opportunity on wall street. I wonder who got the SEC to stop investigating him after he got into trouble? When Stockman comes out and says that supply side was a mistake I screwed up supporting it then I'll be impressed.

Don't believe all the revisionist history being written, especially about the Reagan years. I was there and it wasn't like what you read about it today at all.

bob2356 says

Strategist says

Toyota certainly has no problems. What are they doing right, and why can't we do the same thing?

Gm has the third lowest recall rate .65 over the last 30 years after mercedes .41 and mazda .55 Toyota is number 7 at .80 and Ford is number 9 at .93. Do you want to rethink this statement?

Yea right those terrible gm cars. Top 5 in customer satisfaction year after year, high repeat buyers, low recall rates, #11 in jd powers quality (after 8 luxury makes, mazda, and toyota). Yep they are certainly crap boxes.

Don't let facts confuse you.

Evidence please.

JH says

Ten years ago I worked as an engineer for a 1000-employee bottom tier supplier of the big 3. Every new year we had to manufacture the same products for LESS money. There are 2 ways to accomplish this: become more efficient or cut corners. The latter is far easier. The products we made got shittier each year. We hid out of spec parts (including lots with cracked ABS rings). I know for a fact that suppliers above us did exactly the same. By the time GM etc got the components of an ABS system, for example, there were easily 5-25 suppliers who all cut corners to keep their businesses afloat. And don't blame the unions...the pressure came from the business owner to keep making a profit to cover his golfing habit.

There you are folks......straight from the whistle blower.
Name your reward.

Waitingtobuy says

I am no big fan of GM. Swore I would never buy another and haven't owned one in almost 25 years. However, I caved after driving the Chevy Volt and comparing it to other brands' cars.

Bought it one year ago. After using 8 gallons of gas in one year, and having lots of fun, I think it might be the best car I've ever owned. This car convinced me that GM might be back on track to being a good car company again.

The Volt is the only GM car I would consider buying. It has both beauty and brains.
Good thing about electric cars is very few things can go wrong with it because it has very few moving parts.

APOCALYPSEFUCKisShostikovitch says

Stewart is a clown and is distinguished by the fact only that he is almost as pathetic as the network hacks.

Not really, most of the media would have just thrown softballs.

Someone like John Stossel would have done a better job.

bgamall4 says

That is BS. Who gives a shit about nobel prize winners? Nobody. I will tell you that when you hire actors, and not one parent sheds a tear you don't need a lot of evidence. In fact, evidence that does exists points to cover up. The government is still hiding JFK's assassination. Don't be so naive.

https://www.google.com/search?q=picture+sandy+hook+parents+crying&es_sm=91&tbm=isch&tbo=u&source=univ&sa=X&ei=2vWAU_btKtbAoASFgYGYDg&ved=0CCoQsAQ&biw=1280&bih=634

If you convince Bigs, I'll give you a thousand dollars.

bgamall4 says

Strategist says

If you convince Bigs, I'll give you a thousand dollars.

How about a gratuity for convincing you.

You just never give up. You will make a great realtor, stock broker, insurance salesman, what have you. If you sell Toyotas I will let you convince me to buy a car from you.