patrick.net

How about exercising a little independent judgment and occasionally rejecting the BS touted by the advocates of the "other side."

There is a housing bubble. It will end badly. The industry says it will be a soft landing, but there is no historical precedent to support their view.

Since when is it wrong to be a liberal? What planet did you grow up on, where democracy consists of arguing that politics of left or right must be founded on absolute certainty and the other godless souls are corrupting the nation?

If you mean "liberal" in the classical sense, as in more like pro-limited government, pro-individual economic choice, pro-tolerance in race, religion, sexual preference, etc. (aka moderate Libertarianism), then I don't see anything wrong at all.

If you mean modern "Liberal", as in pro-government social re-engineering, picking marketplace "winners" & "losers", dictating preference to consumers, creating government quasi-monopolies, propping up inefficient and unprofitable industries with endless subsidies, promoting the interests of certain "preferred" racial/ethnic groups over others and engaging in racially divisive victimhood/reparations politics, then please count me out.

I have never accused all "liberals", leftists or whatever label you prefer as "godless souls" corrupting anyone, nor do I claim to have a monopoly on absolute Truth. I just see injecting race politics as counter-productive to debating what immigration policies will produce the most optimal results for U.S. citizens and society.

There isn’t a lot of space in a newspaper story to flip back and forth between two sides, so they generally follow one story so to speak; and throw in the last paragraph to appease the “objectivity” standard.

Not to mention that RE advertising pays for a lot of newsprint.

HARM:
Count me in the "classical liberal" camp.

Can we please have a party which promotes liberal politics and liberal economics?? Most Democrats would agree that government should not tell women whether or not to get an abortion, or whether gays should be allowed to marry, or whether they can do drugs, obtain assisted suicide, etc... Many Republicans would agree that the government should not be involved in doling out favors to industries, handing out subsidies, sponsoring GSEs, etc...

Seems to me that a good liberal should support freedom both in the context of personal morality and in the area of economic choice. But I guess my views are fairly unusual.

Can we please have a party which promotes liberal politics and liberal economics??

Here you go: http://www.lp.org/article_85.shtml

What is wrong with being in the middle, if being in the middle is where common sense resides. Mike/a.k.a.Sage

Hmm... maybe I should have said a viable political party...

From the Libertarian Party website:
"We call for the elimination of all restrictions on immigration, the abolition of the Immigration and Naturalization Service and the Border Patrol, and a declaration of full amnesty for all people who have entered the country illegally."

HARM: Is this acceptable to you?

Glen Says:

[stuff]

that's all very touching, but you don't seem to be in the loop on what's really going on, how anyone else organises their medical system, and so on and so forth.

You’re joking, right? US healthcare deregulated?? Not quite. We have layers upon layers of bureaucratic sclerosis. Consumers have no idea what health care even costs because of the insurance industry, which acts as an intermediary.

well, how would you deregulate? this is getting crazy. deregulation is to put it in the private sector and not mandate parameters of operation.

Health insurance is subsidized in a haphazard and inefficient way by permitting employers to deduct health care premiums, while denying the same benefit to the unemployed or self-employed. Medicare provides incomplete coverage to the old and the poor, but everyone else is left to fend for themselves.

and...?

I am not a free market purist, as I stated earlier. I believe in sensible regulation which allows consumers to make informed choices.

that's just more market speak. over here, people who constantly talk about 'consumer choice' are always held up to be market goons. choice of what?

Neither the US system, nor the social democratic systems, provide for such informed choices. I suppose my ideal scenario would involve a minimal healthcare social safety net for all citizens (for catastrophic care and preventive medicine), with consumers free to supplement this coverage through private insurance or self insurance.

the irony is, that's exactly what you have now -- you've just summed up the US health care system. gaak!! and you say also that that is the 'ideal' as though it has not been realised.

i always find it hilarious when americans always say they are striving towards an 'ideal' which is both regressive and usually the system they already have, and usually punishing -- while the rest of the world is doing it different and better a totally different way... the insularity and parochialism and sheer stupidity is quite something to behold...

there's a website i found recently which i can't find again comparing the US to about 20 other countries and points out what a schemozzle the US system is. mainly due to overpaying doctors, and the whole health insurance/HMO disaster. if i can find it again i'll post in a link. plus the OECD ranking report...

health insurance comes up as an issue on this site over and over again. there's a lot less stress in my life knowing everything is free through the public system as a universal guarantee, nothing to pay, script costs are low, and knowing that it is twice as efficient (i.e. half the cost to operate) per capita as the US system to boot... effectively the govt is the insurer, as they know there is a finite demand on their services, so they may as well absorb the hassle...

the OECD report pointed out that one major hallmarks of the US system is its denial of access to care for those who need it on financial grounds, compared with other similar countries, which contributed to its overall world ranking of 37th in quality...

I suppose my ideal scenario would involve a minimal healthcare social safety net for all citizens (for catastrophic care and preventive medicine), with consumers free to supplement this coverage through private insurance or self insurance.

actually, on a re-reading, that's what most other countries have. except i see a GP for anything for free, get blood tests, X-rays and ultrasounds for free, etc. and scripts are only about $20 at most... so it's not just 'catastrophic' healthcare. are you saying many americans currently don't get treated even when something catastrophic occurs at present?

@Glen,

Hey, no political party is perfect! ;-). You may have noticed that the California state Libertarian party website has a slightly different take on this issue (no big surprise there): http://ca.lp.org/lp20060221.shtml
The national party platform does tend too far towards being reflexively anti-government anything for my taste. We are a sovereign nation-state and should defend our borders, even while encouraging --or even expanding-- legal immigration.

The party platform also states:

At the same time, we recognize that the right to enter the United States does not include the right to economic entitlements such as welfare. The freedom to immigrate is a freedom of opportunity, not a guarantee of a handout.

Can we please have a party which promotes liberal politics and liberal economics??

I feel your pain. Do you realize that you are crying out for MONARCHY?

Monarchy offers more liberty than Democracy, according to Erik von Kuehnelt-Leddihm.

People who are interested in classical liberalism should read Erik's seminal book "Liberty or Equality."

SFWoman -

haha, I see you understand exactly how things work.

Gay marriage, bleat gay marriage, bleat, baa baa, gay mariage...

LOL, good post.

are you saying many americans currently don’t get treated even when something catastrophic occurs at present?

DS,
They get treated...then they get a huge bill, which they can't realistically pay, then they go bankrupt.

Test?

Hi all! Lost my original post so I'll make this brief.

NO ONE missed "overvalued" more than myself! The listing really spoke for themselves and shed an ugly and unflattering light on the darker side of human greed. Their brand of candor and comedy will be sorely missed.

Enroute to LV got some bad "dope" and took 99E south of Sacramento. In short, a freaking NIGHTMARE! One speed trap after the other and unrelenting traffic. Not fun. When I get caught up I'll be "talking" to my friend!

LV (I'm only too happy to report) is in an undeniable state of collapse! Locals point out all of the "unfinished" projects that are obviously languishing under the desert sun. (Who needs to add to an already busting at the seams inventory?) So you see basically abandoned job sites or maybe two guys "working" on a 400 unit condo complex? Must be pretty good workers! Visited friends in Sun City Anthem (Henderson) and even though they talked their way down to 300K from 350K they admit they STILL probably overpaid. Gas prices are being blamed for a "quiet" 4th of July (by LV standards anyway) but I suspect it's as much the impact from the end of the line for house ATM withdrawls?

Bend, OR (sorry Michael Anderson) is a freaking mess. We would have been home 45 minutes earlier had we went around it! These are things though that can only learned from "on site intel" (not at 40,000 feet)! The whole place is a construction zone. Equity locusts indeed!

SQT,

That is good stuff!

Living the American (banker's) dream! LOL!

Hey, uh didn't mean to get down on SAC but we're used to taking I-5 and 99E seemed to hit one town after another! I can't remember them all but we planned on being in Mojave (one of my favorite stop overs) and barely made it to Madera befor throwing in the towel completely exhausted. The traffic (and cops) just don't let up!

-befor
+before

Anyway, we were totally unprepared for all of the on ramp traffic b/c it just didn't look THAT bad on a map! Let's recap:

Elk Grove
Galt
Lodi
Stockton
Manteca
Ripon?
Salida
Modesto
Ceres
Turlock
Livingston
Merced
Chowchilla
Madera

This doesn't even take into account ALL of the towns south of Fresno! What's odd (to Oregonians anyway) is that in the same stretch on I-5 there's well, uh basically NOTHING! Don't take it the wrong way but it was a mistake I'm not eager to repeat. Oh and Mrs. DinOR "forgot" her driver's license which she of course didn't realize until it was her turn at the first gas stop after SAC! Forgot indeed!

We were sooooo determined not to take I-5 back we drove through 400+ miles of desert, spent the afternoon/night in Reno which btw earned a spot on my "list of places to avoid" BUT had a great breakfast in all places "Likely" California and pleasant visit in Alturas which was very nice as well!

I kept insisting that not having your driver's license "on you" is not the same as "not having a license"! But........ she wasn't willing to "risk it" and said I was doing just fine! Seriously we saw sooooo many people pulled over it wasn't funny. On 95 in NV we saw ONE highway patrol car in a 400 mile stretch.

Much has been said about how much gambling subsidizes the roads in NV but I thought Oregonians had it bad! It's so obvious the minute you roll out of Reno and come back on 395 into CA! NV has plenty of "desert and weeds" but the roads are great! I don't know where CA spends the money but even I-5 through Shasta and Weed were really rough. Lots of deep ruts and pot holes along with much "road noise" and litter. Using 101 makes for great scenery but we didn't think it was too practical. Is that in better shape?

Glen Says: "Hmm… maybe I should have said a viable political party… "

Ahh yes, no one can be "viable" except our beloved Republicans and Democrats. And being starstruck groupies for these hacks has gotten us where, exactly?

SQT,

THAT's what I told her! Besides I was sitting right next to her. Hello? I could see a cop raising his eyebrows if your husband (who is passed out) in the backseat says "Oh yeah, she's got a license" but c'mon.

Oh and just to prove her point the MINUTE we got in she called me over to show me it was exactly where she said it was! I was too tired to argue. In the end I work at home and she commutes EVERY day so I guess she figured if she had to drive it wouldn't be a vacation!

I would be curious though to hear what 101 looks like b/c most Oregonians are pretty familiar with it from Astoria to Bandon but then switch over to I-5 as soon as they hit the CA state line. Why, I have no idea.

pdx_renter,

I only take a vacation every couple of years so it IS a big deal to me but if you like for a nominal contribution patrick will e-mail you all of the articles you could ever want or need. Personally, all of the research was done in 2003/4/5 so all that is left for me to do is to sit back and watch. Ben Jones does a great job keeping everyone "on task" but I consider my travels through the "epicenter" of the bubble fairly valuable "on site intel" b/c you get to see abandoned sub divisions first hand! I live in the PDX area and yes, (we're in a bubble too)!

Red Whine said:
Ahh yes, no one can be “viable” except our beloved Republicans and Democrats. And being starstruck groupies for these hacks has gotten us where, exactly?

I don't see how being a starstruck groupie for an "also ran" helps much either... Having a libertarian "party" almost seems like a contradiction in terms. I guess instead of pining for better parties, I should probably just support liberal policies, wherever they come from. I think George Washington may have been right about political parties.

I've always felt that 101 was more of a "concept" than an actual highway? Many parts through SoCal cut off and become "the main drag" through beach towns with plenty of stop lights and traffic and just when you're ready to give up on it, it becomes a highway again!

@pdx_renter,

I recommend Googling the following:

"Housing bubble sites other than Patrick.net with free links available and blogs that don't consistently diverge from useful info about housing"

Good luck with that, Kemosabe! :twisted:

To be honest there have been times in the past when some of the OT discussions could be frustrating to me too but when we passed over into 2006 (where realtors are very much "on the ropes") I just don't have the same sense of urgency that I used to have. Don't get me wrong, it's not that I'm enjoying things any less! Quite to the contrary. I'm researching less and enjoying it more! When we were still at the "is there, or isn't there a bubble" stage I read everything I could get my hands on. Now? It's like draining the oil out a car and seeing how far down the road it can make it. No one's actually expecting it to get all that far (and it's not like things will get any better!)

Glen,

I agree that people should support good policies and good candidates wherever they come from and not just blindly vote along the "party line". Even so, isn't it a little odd that in some 150 years there has never been a serious challenge to our current brain-dead, corrupt 2-party duolopoly? Is this really a sign of a healthy, well functioning (and quasi-democratic) political process?

I just don't get people who constantly vote for the "lesser evil" because it's "viable". Most of the time the lesser a$$hole loses anyway (witness Democrats' recent "success" at poorly emulating Republicans). Even worse, this mindset becomes a self-fulfilling prophecy and a Catch-22: Libertarians, Greens, etc. cannot win major offices because no one will vote for them; no one will vote for them because they believe they cannot win major offices.

HARM,

Sorry I missed the 4th of July party and the free surf lessons but I was:

"Driving through Bakersfield EARLY Sunday morning"*

On my way to see what I can only describe as the perfect example of "boomertopia" Sun City Anthem in Henderson, NV has everything boomers could want! The "clubhouse" is bigger than a Dept. of Defense building with state of the art work out equipt. and all kinds of "activities" like gardening and quilting along with of course plenty of golf! The only thing I kept wondering was why can't these people find some dive bar and drink themselves to death like my dad did? Hey! It was good enough for him? Really, do we truly need ALL of these "amenities"? Couldn't this money be spent better elsewhere?

*The Girl with Far Away Eyes, Rolling Stones circa 1978?

SQT, try <u>underline</u>

Yeah, guess it's not working anymore. Odd that.

I tried this:

http://www.google.ca/search?hl=en&q=Housing+bubble+sites+other+than+Patrick.net+with+free+links+available+and+blogs+that+don%E2%80%99t+consistently+diverge+from+useful+info+about+housing&btnG=Google+Search&meta=

de nada

♠ ♣ ♥ ♦

Are you guys playing a new poker game?

â™  â™  â™  â™ 

What are you guys going to have for lunch?

Peter, do you know why the underline text tag doesn’t work?

I tried before and somehow underline did not work.

How did HARM get it to work here?

http://patrick.net/wp/?p=259#comment-83995