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DavidLereahWatch almost makes DL's mom cry


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2007 Mar 1, 8:52am   23,628 views  196 comments

by HARM   ➕follow (0)   💰tip   ignore  

artist's depiction of David Lereah's mom

CNN Money/Fortune Interview with David Lereah:
"Mr. Real Estate: 'All systems go, pockets of pain'"

Q: You've been accused by the blog David Lereah Watch of being too bullish. What's it like to have an online antagonist?

A: [DL]"At first I was kind of laughing. And now, it's enough already. This is a 26-year old that could not afford a townhouse and blamed it on the boom. And then he said, Who's talking about the boom and my name kept coming up. So I became Satan to him.

"The worst was that my mother read one of those things, and she almost started crying. And I had to say, Mom, you have to have thick skin. I'm going to be in the public and make statements about real estate, and if someone doesn't like what I'm saying, they have every right to say something opposing me.

"Now should they go so far as to call me Satan? I don't understand where that's coming from. That's just weird."

Now, I don't know about the rest of you, but this makes my blood boil! Comparing America's favorite Champion of the American Dream and recipient of the... uh, Homeownerhip trophy thingy... to the Devil!! And practically making his grey-haired mom almost cry (while she was probably baking some fresh cupcakes for one of Dave's many open houses)! This is simply uncalled for... cruel, disgusting.

I've long suspected that these Bubbleheads are jealous, angry bitter trolls who derive sustenance from the tears of kindly old grandmothers --and now we have the PROOF!

Discuss, enjoy...
HARM

#housing

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43   SFWoman   2007 Mar 1, 11:32pm  

PAR,

I think you can turn off the input to your hot water heater after a big earthquake and then have 50 gallons or so of water right there.

Hmm, looting. I guess I should get a balaklava for my earthquake kit.

44   DinOR   2007 Mar 1, 11:58pm  

SFWoman,

Hmm? That's a good idea! (I'd never thought of that) but can you tell us how to convert a water heater into a "still" Mrs. Smartypants? :)

45   DinOR   2007 Mar 2, 12:01am  

trader,

That really cuts to the core of what we're confronting in equity markets right now. Just how big a bite of the REIC meltdown sh@t sandwich are "we" going to have to eat?

46   astrid   2007 Mar 2, 12:11am  

This is an excellent preparedness guide, extremely thorough and thoughtful. Don't be put off by the source. Liberals can be quite sensible, especially if they're actually progressives put off by Bush's antics.

http://www.dailykos.com/story/2005/9/9/161748/9747

47   Stretch002   2007 Mar 2, 12:16am  

Drat - I have a bunch of money in some nice CD's with Merrill Lynch. Hope they don't go under...

48   DinOR   2007 Mar 2, 12:39am  

trader,

Short term I'm bearish too but one astute posters here explained sometime back that ultimately it's the banks that will control the REIC. Many of these mortgage houses will be defunct anyway as banks control the entire distribution channel. NAR is ALREADY fighting it by introducing legislation to mandate "minimum service standards" to keep the discounters out, fighting this with their last die'n breath.

In the end it won't matter b/c everything is trending toward "flat rate" mortgage and RE commissions! George was so convinced of this sea change in the REIC infrastructure that he is actively seeking other employment. Stick a fork in it.

49   Jimbo   2007 Mar 2, 1:03am  

The main thing you need is water.

My wife buys everything in bulk at Costco and we have a gas grill in the back yard, so as long as we have water, we should be fine.

You can use the water in the back of your toilet (as long as Surfer-X hasn't done one of his patented Upper-Tankerâ„¢''s to you!) as long as you have a way to boil it, plus the hot water trick SFWoman described. But I still need to set aside some more water in a jerrycan or something.

I have a few cases of wine in the cellar, so it could be a pretty fun party. I was here last time (1989) and it actually was a blast, even though I lived in the hood and me and my roommate were the only white guys on the block. It gave us a great chance to meet our neighbors. We were all kind of disappointed when the power went back on.

On the other hand, I am a key member of the Disaster Recovery team at work, so I would probably have to find some way to get to the office, or at least check in. I doubt that my wife, stuck home with the baby, would think too highly of that.

50   Claire   2007 Mar 2, 1:11am  

Checked our water stored outside in a cupboard the other day and I guess the cold weather had made the plastic containers leak - 4 out of 7 containers were empty!

51   Peter P   2007 Mar 2, 1:24am  

Balaklava, baklava. One is to eat, one is to rob food./i>

Huh?

52   Randy H   2007 Mar 2, 1:24am  

Did Henry Blodget and Mary Meeker also make their mama cry?

Mary Meeker made me cry.

53   Peter P   2007 Mar 2, 1:46am  

This is an excellent preparedness guide, extremely thorough and thoughtful. Don’t be put off by the source. Liberals can be quite sensible, especially if they’re actually progressives put off by Bush’s antics.

Is a shotgun recommended?

54   SFWoman   2007 Mar 2, 2:00am  

DinOR,

Turn off the electricity and gas to the water heater, then feel the pipes on top of it and turn off the cold intake pipe (so dirty water doesn't go in).

I should probably buy paper plates and plastic cutlery for my kit. I wouldn't be able to wash dishes if the water lines broke.

55   SFWoman   2007 Mar 2, 2:04am  

astrid,

That is a good guide, and I hadn't thought about the payphone thing before. The best man at my little brother's wedding actually found a working payphone near WTC on Sept 11th and called his mother to tell her he had gotten out.

56   SFWoman   2007 Mar 2, 2:16am  

I have a BB gun. I considered getting a shotgun when I saw a mountain lion in my drive way last year, but I've been too lazy to look into building a gun safe.

57   HeadSet   2007 Mar 2, 2:24am  

"anyone know where i can find a good bricklayer for some renovations?"

Comrad DS,

If the party thought you needed such a decadent Bourgouise service to pamper your vanity, it would be provided. Now go do your socialist duty to the utmost of your abilities, with fresh enthusiasm!

Es liebe des Dictatur des Proletariats!!

58   DinOR   2007 Mar 2, 2:24am  

SFWoman,

Oh, I'd never thought of that either? We lived out in the country for years and usually kept plenty of potable water around anyways. A friend worked at Pepsi and gave us these really neat 14.7 gal. plastic barrels that had to be thoroughly rinsed out (Mountain Dew, Pepsi "syrup" etc.).

I went down to one of those "brew your own beer" outlets (yeah we have a lot of those in OR) and they had all the spigots, gaskets etc. Years of living in the Philippines (which is like a big "camp out" anyway) prepares you mentally as well! I swear, nothing phases me any more.

59   HeadSet   2007 Mar 2, 2:26am  

“anyone know where i can find a good bricklayer for some renovations?”

Comrad DS,

If the party thought you needed such a decadent Bourgouise service to pamper your vanity, it would be provided. Now go do your socialist duty to the utmost of your abilities, with fresh enthusiasm!

Version 2, the other got stuck in moderation, possibly because of a German DDR phrase

60   HeadSet   2007 Mar 2, 2:27am  

Why am I in moderation?

61   SFWoman   2007 Mar 2, 2:29am  

All things in moderation.

62   HeadSet   2007 Mar 2, 2:33am  

"tell us how to convert a water heater into a “still” Mrs. Smartypants?"

DinOr,

Can't use the radiator from the old Buick on blocks in the front yard?

63   SFWoman   2007 Mar 2, 2:36am  

Oh, DinOR, I get it, Sorry it went right by me. You want to use your hot water heater as a still. Hmmm, I'll have to think about that. Can't you just stockpile alcohol, it would be easier?

64   Peter P   2007 Mar 2, 2:37am  

I have a BB gun. I considered getting a shotgun when I saw a mountain lion in my drive way last year, but I’ve been too lazy to look into building a gun safe.

Yeah, I think a gun safe is important when you have young children. You can just get a pistol, which requires only a very small gun safe.

65   SFWoman   2007 Mar 2, 2:41am  

Peter P.,

You don't get to do that 'tcht-tcht' thing with a pistol. I think the 'tcht-tcht' noise is important in guns.

I like this. Real estate is local, right? Well of course, unless you are the NAR trying to polish turd-ish numbers to look nice for Bay Areans.
http://www.realtor.org/reinsights.nsf/pages/forecast?opendocument

39 straight years of real estate gains! (Well, not where you live, but if you lived averaged out...across the entire country, in every single state)

66   DinOR   2007 Mar 2, 2:52am  

SFWoman,

"Can't you just stockpile alcohol"?

My good woman, what makes you think I haven't tried exactly that BEFORE!

Now what was that famous quote from Mark Twain.....?

67   DinOR   2007 Mar 2, 2:59am  

IMHO we may be overstating the effectiveness of "brandishing" shootin' irons. Perhaps there was a time when rational thieves would be deterred by looking down the barrel of an "8 guage" but I fear those times have past.

My wife and daughters took like 3 years of martial arts and the instructor shared an article that said in effect a loaded weapon doesn't have the visual impact it once may have had. From REIC addicted intruders to jealous ex-boyfriends just showing them the cold blue steel isn't enough. You have to be ready to use it!

68   Peter P   2007 Mar 2, 3:04am  

showing them the cold blue steel isn’t enough

This is why they make guns in stainless steel! Part of the SS appliance series. ;)

69   Peter P   2007 Mar 2, 3:06am  

Once you take out that gun, there’s no going back. Just shoot first and ask question later. Any hesitation, you’ll just get killed.

I am trying to learn shooting (in order to improve focus). Any advice?

Do people regularly store/carry guns in condition 3 (loaded but unchambered) for safety? (In movies, don't they all rack the slide after drawing the weapon?) Just curious.

70   Peter P   2007 Mar 2, 3:16am  

If you want to acquire true fire-fighting skills, there are private companies that teach you street gun fights and in-house gun fights, for $1000-3000.

Forget about carrying in the Bay Area. My home is quite safe (or is it?).

I just need to focus. I am a sagittarius, I need to shoot something. ;)

As you said (and pointed out by Art of War), the best strategy is to avoid confrontation (which I am actually very good at).

Absolutely.

71   Peter P   2007 Mar 2, 3:35am  

RE: demolitions skills

Huh?

72   Peter P   2007 Mar 2, 3:42am  

you know, explosives…

You mean destructive devices? I thought they are illegal for civilians.

73   DinOR   2007 Mar 2, 3:46am  

My point (and it's real simple) is that crack addicted attackers/intruders don't use the same reasoning skills most of us do. How many times have we seen dash cam video clips of naked, bleeding and obviously disoriented people surrounded by armed law enforcement officers actually on THE ATTACK!

What more verification does any of us need?

Rick, please go prepare for your race war. Please.

74   FormerAptBroker   2007 Mar 2, 3:50am  

DinOR Says:

> IMHO we may be overstating the effectiveness of
> “brandishing” shootin’ irons. Perhaps there was a
> time when rational thieves would be deterred by
> looking down the barrel of an “8 guage” but I fear
> those times have past.

Guns are not designed to “deter” criminals; they are designed to “kill” them…

> My wife and daughters took like 3 years of martial arts
> and the instructor shared an article that said in effect
> a loaded weapon doesn’t have the visual impact it once
> may have had. From REIC addicted intruders to jealous
> ex-boyfriends just showing them the cold blue steel isn’t
> enough. You have to be ready to use it!

Over the last 30 year I have studied Karate, Aikido and have also been involved with competitive trap, skeet and pistol shooting (5 years as a NRA slow fire pistol competitor).

I have never been in a fight (but have used a few Aikido locks on drunk stupid people), or ever been even close to using a gun for anything but target shooting.

What I have learned over the years is that you never want to play your cards (you never mention to an attacker that you have 30 years of martial arts training or a gun).

You should always try and “avoid” or “escape” from a bad situation, but if a guy breaks in to your home or has you cornered in an alley you should use your martial arts training or gun(s) to kill the guy…

75   Peter P   2007 Mar 2, 3:50am  

depends on whose law you’re going by.

Whether you like it or not you must obey all local laws so long as you choose to live here.

Both Jesus and Socrates would agree with this.

76   DinOR   2007 Mar 2, 4:07am  

"Guns are not designed to "deter" criminals"

Exactly. Go for "center of mass"! Better to be judged by 12, than carried by 6!

I had a buddy that worked the ER and he said they would get meth/crack addicts show up w/gun shot wounds, put them in a room and then come back to find they UP AND WALKED OUT! And you think "showing" this guy your piece is gonna slow him down? I don't think so!

77   Peter P   2007 Mar 2, 4:09am  

lets not forget about the law of the jungle, baby.

I do not live in a jungle, thank you very much.

78   Peter P   2007 Mar 2, 4:09am  

Anarchy is always short-lived and transitionary.

Exactly.

I always suspect that GC is my brother that I have never met.

79   Peter P   2007 Mar 2, 4:11am  

I had a buddy that worked the ER and he said they would get meth/crack addicts show up w/gun shot wounds, put them in a room and then come back to find they UP AND WALKED OUT!

Okay, 45 ACP it is.

80   EBGuy   2007 Mar 2, 4:12am  

Rick, are you okay? Demolition skills, indeed...
(03-02) 11:46 PST Norco, Calif. (AP) --
More than 1 million rounds of ammunition, a cache of weapons and a tunnel were found inside a man's home after an explosive fire that forced a neighborhood evacuation, authorities said Friday....
Dozens of metal and cardboard boxes filled with ammunition for shotguns, small handguns and assault rifles recovered from the home sat in a driveway. Two of the assault rifles were illegal and the man had no permit for 75 pounds of black gunpowder that was found, Zamora said.

http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2007/03/02/state/n105945S34.DTL

SR, I just found out on one of those PBS race specials that my wife's people were not considered "white" (and, hence, could be naturalized) until the early 1900's. Will my kids be allowed in your bunker or will I be forced to find shelter with the multiethnic Bay Aryans?

81   DinOR   2007 Mar 2, 4:14am  

GC,

Agreed! My question to you then is just why do so many humans find anarchy so damn appealing? Is sex THAT much better during a revolution? Apparently..... it is!

82   Peter P   2007 Mar 2, 4:19am  

My question to you then is just why do so many humans find anarchy so damn appealing?

Because they assume what they cannot have is always better.

The grass is always green on the other side on the other side of the fence.
The dish is always more delicious on the other side of the table.

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