« First « Previous Comments 123 - 162 of 253 Next » Last » Search these comments
I'm not familiar with California law so I can't give an off the cuff answer. If no authoritative answers comes in by tomorrow, I'll poke around and let you know what I can find.
My initial sense that this is most likely to be an illegal activity and I don't think Casey is allowed to conduct a lottery even if he had his lenders' express permission.
"How can I make sure people take me seriously?"
As someone already mentioned, he could start by not calling people who disagree with his happy happy joy joy world view "haters."
thenuttyneutron:
This doesn't help your situation but I have thought alot about the vol. in prices we are all dealing with these days. If I were to return to school for a Doctorate in Economics my thesis would be about how the FRB and other central banks have transfered vol. from the financial markets to the real markets.
For example the Dow and S&P do very little these days with implied option vols running near historic lows. Meanwhile, someone pays 1M for a house and next year it's worth 800k or 850k if they can even sell. One month gas is $4 the next it is $3. What is going on in these markets and what causes it? If you think back in history, it was the financial / curency markets that went up and down in a crazy fashion and the prices for consumers goods that were relatively stable. We can talk inflation or lack of reporting it but there is no way prices in the real economy have ever been this volitilie while the financial markets have been so docile.
Just my two cents!
Paul
I think Casey is going to make for a fabulous dissertation for an abnormal psych student somewhere.
The odds of winning the $500,000 model home at $50 per ticket:
1 ticket at $50: 1 in 10,000
10 tickets at $500: 1 in 1,000
100 tickets at $5,000: 1 in 100
Our friend Casey clearly has no understanding of simple probability. He's basing the odds of winning on the cost he hopes to recoup for his $500k house, rather than on the total # of tickets sold. What a doofus!
Our friend Casey clearly has no understanding of simple probability. He’s basing the odds of winning on the cost he hopes to recoup for his $500k house, rather than on the total # of tickets sold. What a doofus!
He said he will return money if not enough tickets are sold. Well, IF he gets more than 10000 tickets sold... :)
IF hell freezes over...
Didn't he say he is already down to his last couple hundred dollars? How would someone in that position do anything, even buy a pack of ramen for sustenance?
Didn’t he say he is already down to his last couple hundred dollars? How would someone in that position do anything, even buy a pack of ramen for sustenance?
A pack of ramen, even premium one, is at most $5. No toro for him though. :)
We are coming up with new ideas for flavored Almonds and Pistachios, do you have any suggestions?
Hmmm... you must have garlic flavor already, right?
How about parmesan and chili flakes? I have no idea how flavors are infused though.
How about tea? Not necessarily green tea.
As long as someone’s paying the taxes though it might work.
What if the squatter pays the tax?
Just a quick joke to cheer Casey up on his way to prison.
Dude is going to prison for the first time and he's plenty nervous about his prospective "cell mate". Sure enough the guard stops by the cell with the biggest meanest looking 'con' in the joint. Guard says, "Prisoner 635014, you may enter your cell!"
Dude goes in and arranges his meager possesions on the top bunk.
Cell mate says in a very deep voice, "In my cell we like to play a little game called "house".
Dude (nervously says) Uh, o.k how do we play? (fearing the worst).
Cell mate says "Well since you're new here I'll let you pick". "Do you want to be the mommy or the daddy?"
Dude is totally relieved and eagerly shares that he'd like to be the "daddy!"
Cell mate says, "Good, now get over here and s@ck mommy's d@ck!"
J Galt,
Do you guys have a genuine Buffalo flavored almond or pistachio? My boyfriend is also always on the look out for ultra hot sinus clearing scotch bonnet flavored nuts. Also, not sure if curry flavoring would work. The Chinese have a very mild curry that would probably taste very good (not spicy at all, very aromatic and a little sweet). Another one of personal interest to me would be rose water flavored almonds or pistachios. I know the flavor is pretty harmonious in baclavas, and I'd be interested to try a rose flavored almond (maybe a sweet rose or jasmine flavored candy shell coating the almond?)
Coconut flavored nuts would also be nice, especially combined with curry spices.
"Casey’s problems aren’t as grave as he imagines. All he needs to do is win a couple of nobel prizes in the next few weeks and his financial woes are gone."
Maybe he could win a couple McArthur foundation genius grants too.
I have to give credit where credit is due, his suggestion of going on Oprah takes top prize.
Other ideas:
Learn Arabic and become a warzone interpreter in Iraq at upwards of $200K/year
Go join the military to stop foreclosure (hey, real estate always goes up and by the time he's back from Iraq sans a leg, appreciation will bail him out)
Drug muling, already suggested on the blog
Hustling and pimping (legally!) in Nevada
blow the rest of money on lottery tickets and WIN!
buy huge life insurance on family members and then, just his luck, have them die mysteriously in a manner that doesn't implicate him
Win world championship poker
...
No, it's not hopeless at all.
Sorry I missed the fun :)
Thanks Paul for all the info. I thought I remembered a call of US Gov't bonds, but I didn't recall the specifics.
As to Casey, I'll go look at what that piece of work is up to now. IANAL, so I don't know if raffling off his debt is legal, but it sure smells bad.
About Casey.
His website is fascinating. It could be a hoax, but I met someone, an inlaw of an inlaw, who did the Casey and by now probably has a half dozen or so properties under water. They are better capitalized so they aren't facing a crisis like that yet.
SFGuy Says: The idea is to stop human beings from exploiting other human beings.
So, uh, doesn't that negate the entire purpose of this blog? :) I mean, we're all waiting for the crash to wipe out speculators and FB's so we can "rightfully" get housing at a "deserving" price. Competition is as natural as evolution.
@Peter P: Just gotta tell ya man, green tea ice cream RULES!
sybrib,
"who did the Casey and by now probably has a half dozen or so properties under water"
It sounds like we got a new word for the glossary
I can't believe we had contemplated the bubble bust to be dull or anti-climactic. Casey is a born performance artist, he gives and he gives and he never gets "smarterer." He is going to "loose" his shirt in a hugely entertaining manner.
Hiding,
That's brilliant. I think you've just found the successor to American Idol and the Apprentice. We certainly won't lack for Caseys desperate enough to participate. America can indulge in scheudenfraude like never before.
Quick! Copyright the idea and send it to Fox before Casey gets his grubby little hands on this idea.
"It’s not a financial collapse people, it’s just a very effective diet plan."
Rachel Ray's 50 cents a day???
Rachel Ray’s 50 cents a day???
If it is a financial collapse 50 Yen may get you a big meal. :)
Somehow I admire Casey for certain things, if he is telling the truth in his blog.
Tea is more delicate. I’ll bring it up, Thanks!
Green tea is now used in all kind of snacks. I wonder if a medium-strong red tea will do.
If we go to trials, I’ll send you some.
Cool. Thanks! :)
J Galt,
I definitely recommend woolong type half fermented tea. I find green tea (especially lesser green tea used in most snack foods) to be too weak and a little off. Red tea tend to be strong and lacks a good tea fragrance. woolong tea has a strong dry fragrance that would cut nicely into the richness of the nuts.
Have you eve considered experimenting with star anise for flavoring? A little bit works great for flavoring tofu, eggs and meats, might be good for nut products too.
Also, do you guys have a nougat candy line? That would be a good carrier for flavorings and my family loves nougats.
I definitely recommend woolong type half fermented tea.
Now I want a tea egg. :(
I wonder if almonds can be smoked with tea and other spice. That should bring lots of fragrance.
Astrid is right, red teas probably has more after-taste than taste. They may also add bitterness to the almonds.
SQT,
No, you won't be going to hell. Casey's pride and unwillingness to take constructive criticism is what got him into trouble on his blog. He deserve all that's coming to him.
I wonder how long until the banks are able to foreclose on Casey. It sounds like he is already 3-4 months behind on mortgage payments. Prrrrrrrrh (thinking like a cat anticipating fun tormenting a mouse).
Peter P,
You can make your own tea egg if you have lipton tea bags, eggs, soy sauce, and star anise on hand. It's super easy.
I should also put up my recipe for easy fried rice.
BTW, I'm starting an occasional blog on food and food related thinking, would you be interested in being a commentor/administrator. IT won't involve heavy blogging responsibility.
Ditto for the other regulars here with an interest in food. Let me know and I'll email invites to you.
BTW, I’m starting an occasional blog on food and food related thinking, would you be interested in being a commentor/administrator. IT won’t involve heavy blogging responsibility.
Sure. :) Thanks for asking.
I can share some of my lazy recipes too.
Now back to HB, this jack@ss casey is going to try to get himself declared a charity, I just know it!!
Perhaps an FB rights activist?
Or perhaps you were just referring to the previous post that implied Activist=Nuts.
What kind of nuts? Are they flavored? :-P
“Nuff saidâ€
(Where is DifferentSean anyway?)
i'm here -- been visiting the best new bubble blog going - caseyserin.com...
but retreating to work on other projects that i've neglected... house, career, relationship, political advocacy, etc...
good old Arthur Andersen/Accentura -- didn't they disappear in a puff of auditing smoke, based on overlooking some not so generally accepted accounting practice?
i'm thinking of moving to cooler climes in the south, or else back to UK... where housing affordability is even worse :(
You gotta be a charity. There’s no way anybody that even pretends to be an attorney told him it was okay. IMO he’s jumped the shark and blown his cover.
i think he visited his attorney and explained his situation, then started regurgitating those great guru get-rich ideas from the seminars, to the point where the attorney just glazes over and says 'sure', 'why not', 'that'll work' until the half hour is up. casey then comes back to report on his blog that his RE attorney has endorsed, well, just about anything... but let's face it, we're living in a world where tom at myspace and whoever at youtube get paid hundreds of millions for an idea -- you just have to think big!
i'm not too worried about small fry like casey -- he's like the innocent kid who's always left behind holding the can when the nasty kids have run off...
a recent article here pointed out that savvy 'investors' from the well-heeled suburbs invested in property right at the point interest rates went south, then sold at the top of the market a few years later. mom and pop investors from poorer suburbs bought in much later, probably after doing the guru course, and they're facing pain and foreclosure in droves now as prices collapse in the poorer areas. when the hairdresser is giving property tips...
here's a news story today about a billionaire developer who wants more, and when he can't sell his stock at top dollar, just rents it out indefinitely, having built it for 'wholesale' prices. he also wants to pave and skyscraper the whole planet if at all possible. read the 'Your Say' comments link particularly to see the reader reaction...
Oh man, where’s Randy when you need him? Casey’s newest scheme is a “raffle.†You buy tickets for $50 or $100 bucks a pop and he raffles off his house.
Huh? Is this legal?
He should just turn those houses into casino's. I figure if you're going to break the law, you might as well go for the big bucks.
The only way he can legally raffle off the houses is if he is willing to give ALL procedes to a charity and he must also file for a permit. I think if he is not in jail by next year, he should write a book called, "How to Break All The Laws And Get Away With It".
« First « Previous Comments 123 - 162 of 253 Next » Last » Search these comments
Ultimately, most of the money that financed the bubble is owed to the owners of mortgage-backed securities. What are these securities? Who owns them? Do these investors realize the risk?
It would be very interesting to see graphs of mortgage-backed bonds trading. Does anyone know the ticker symbols for these bonds and a free way to look up the graphs?
Patrick
#housing