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Peter P Says:
Mike, there is nothing wrong with totalitarian business partners. So long as we are not living under totalitarian rule who cares?
_____
You're joking, right?
Unless, of course, you're an advocate of the Brezhnev Doctrine of Sovereign Equality: all systems are validly equal and moral.
I guess money has no morality.
But then again, I was born and raised on the old-fashioned, American value that we all have a stake in the individual liberty of others, and I cannot simply be indifferent to the suffering of others.
Plus, instinctually, I abhor totalitarian dictatorships. And, like statist art, statist beer is simply intolerable...
I guess money has no morality.
Money is amoral. It is neither moral nor immoral.
I abhor totalitarian dictatorships.
I hate totalitarian dictatorships too. But again, we do not need to like everybody we deal with.
Patrick mentioned in LA Times:
http://www.latimes.com/business/la-fi-bloggers24mar24,0,2762858.story
Sorry if this was posted earlier but I scrolled back and didn't see it anywhere...
A BIG THANK YOU TO NONE OF YOU. I ASKED A SIMPLE QUESTION IN THE PREVIOUS THREAD ABOUT MAKING AN OFFER, AND WAS RIDICULED FOR USING CAPS, BUT NO ONE GAVE ME ANY HELP ABOUT MY QUESTION.
It's not a clique-iness issue here. Put it this way - If you walked into a coffee shop looking for directions to somewhere and just started yelling out to the crowd "TELL ME HOW TO GET TO BLAH BLAH BLAH NOW!" you would simply annoy people, and they would ignore you. It's a simple matter of etiquette. If you've followed this blog, plenty of "newbies" come on and ask questions or comment. There is no clique-iness I see.
PAR,
Thanks for the link. To me it's just another example of the MSM jumping on the bandwagon too little too late. For instance, the article fails to mention the possibility of the subprime mess spilling into Alt-A. When that happens in a few months, there will be yet another article claiming how shocking that trend is, and yet they could have predicted it now.
PAR:
March 25th, 2007 at 11:33 am
Patrick mentioned in LA Times
I disagree with the premise of the article that bloggers are the "alternative" voices. The MSM and the Realtors are now the "alternative" voices. You learn the truth on blogs long before the MSM and Realtors will tell you anything that is really going on. When the finally do, it's like skibum says above...too little too late.
It isn't the job of journalists to make economic predictions. It is their job to state facts that have already occured, and to quote experts about future predictions. If you want to complain about journalists writing that the subprime problems are isolated from Alt-A, then you have to fault the economists they are quoting.
Perhaps they don't get a sufficient sample when writing articles, but I don't expect someone with a Journalism degree to publish their own macroeconomic analysis of the mortgage market.
HELP
First and last warning to:
a) Stop using all-caps. Not only is it annoying, but it is hard to read for many people.
b) Offer some form of value; anything. But repeated name calling and flame baiting will just lead me to ban you and delete your comments.
Think carefully before your next comment.
Journalists are supposed to exercise editorial professionalism, though. That is in fact exactly what separates professional journalism from most infotainment and most blogs.
And I don't mean simply finding "the other side" for every issue. That adds no value. What does add value is when a news media develops a credible reputation for consistency in editorial power. That way whether you happen to agree or disagree with the information/message/opinions being reported, you do have confidence in the methods and reliability of that news.
What we largely have now is a mainstream media which is frantically chasing around individual, oft anonymous bloggers, in a doomed attempt to remain relevant. In the process, editorial consistency and journalistic method have been abandoned. My topic for this thread is a case-in-point. The media simply echoes whatever message is fed into the system.
I'm an economic efficiency girl in real life, but I can become an anarchist in my second life.
I want to know when we've become obligated to answer every freaking question ever posted here. If there's a post that says "Dr. Mogumbe requires your assistance with retrieval of US$50 million," do I need to reply to that so some Nigerian 419 scammers don't feel left out?
Michael,
It's free market that is pushing production overseas. There's no political conspiracy here, just the natural result of absolute price advantage on semi-skilled labor.
I had an idea to create Third Life. It can be a virtual getaway for your Second Life avatars when they tire of the daily virtual grind. Think of it as "meta".
Hey Randy H,
Hold off on the Third Life for a while. I'm just getting settled in to the Second Life. I just found a virtual refrigerator box and a virtual shopping cart, however I'm still looking for an virtual highway overpass before the next virtual rain. As if that were not enough, I'm still trying to find the Health and Avatar Services Department.
The First Life and the Second Life are a bit overwhelming right now. I appreciate the patience.
HELP Says:
"...A BIG THANK YOU TO NONE OF YOU. I ASKED A SIMPLE QUESTION IN THE PREVIOUS THREAD ABOUT MAKING AN OFFER, AND WAS RIDICULED FOR USING CAPS, BUT NO ONE GAVE ME ANY HELP ABOUT MY QUESTION..."
_____
Pats HELP on the head and hands him a chockychip cookie and cold glass of Hi-C fruit punch.
I'll adopt HELP as my little friend.
Everybody be nice to HELP. Don't make him yelp...with ALL CAPS. We must strive to remain relevant as a blog and no be insular, clannish and parochial in our treatment of newcomers.
Hell, even I feel not fully assimilated here.
Hell, even I feel not fully assimilated here.
Resistance is futile. You will be assimilated.
It isn’t the job of journalists to make economic predictions. It is their job to state facts that have already occured, and to quote experts about future predictions. If you want to complain about journalists writing that the subprime problems are isolated from Alt-A, then you have to fault the economists they are quoting.
Brand,
Yes, that' true to some extent. However, the "quote experts about future predictions" requires finding experts. What I see is that most MSM reporters are either too lazy or too in bed with the REIC to do anything other than quote the local Realtor (TM) as economic expert (gimme a friggin' break on that one!) or cut-and-paste Learah's disseminated sound bites as the "expert" opinion. How any journalist can use the opinion of an interested party as "fact" is just incomprehensible to me.
SFvulture
Remember, we can always create {n-1}'d Life where n is the total depth of abstract thought possible for the average virtual-world-resident. Such would create a perfect polynomial fit with R^2 = 1.0 (but zero degrees of freedom).
In the case of most of these folks I suspect that n=2 is already perhaps a bit too deep.
1-non interesting read in FT saying that the subprime mortgage problem in the US is that MB'S were making loans to black and hispanic people no mention of caucasions garnering anything toxic. tell me it ain't true
2- great reading on counterfeit wines being sold to the wealthy - didn't know you can buy a 1787 wine that thomas jefferson once owned in his collection
3-whole foods markets in fairfax va has a plastic tube that runs outside produce section to allow bees access to make real honey in the store
4-sony has a 3d virtual world called "home" for $995 playstation3 gamers coming out
5-usa obligations to socsec and medicare is running about $360k per person in liabilities
6-great vacation place is in BEQUIA near the grenadines for $79 a nite
7-walmart female adv exec and her cohort fired for scheming to give wmt ad acct to firm they were going to join--were busted because of their stupidiy with gmail email accounts they thought wouldn't be monitored
8-mcdonalds trying to have dictionary delete MCJOBS definition
9-minimalist homes rule if you can live without your junk
10-james crace the brit writer new book "The Pesthouse" worth a read coming out may1st
there is a recap of last week's FTimes for those 2busy to read--
For those interested in lighter reading, here's the latest Gawker recap of the NYT Wedding section:
http://gawker.com/news/altarcations/ad-hoc-altarcations-dont-mind-the-leaking-duffel-bag-246947.php
Sorry, that was the recap of the New York Post wedding section
No coverage of the NYT wedding section this week. This one is from last week:
http://gawker.com/news/altarcations/altarcations-patricia-haggerty--brian-dodwell-245275.php
Michael Holliday,
I think the Princess is right. If we don't like China's policies, then rather than blame China (and its provinces like Taiwan) for doing what China thinks is best for China, we ought to blame ourselves if we go along with it.
Try to remember that every time you vote for a democrat or a republican.
sybrib Says:
Michael Holliday,
I think the Princess is right. If we don’t like China’s policies, then rather than blame China (and its provinces like Taiwan) for doing what China thinks is best for China, we ought to blame ourselves if we go along with it.
Try to remember that every time you vote for a democrat or a republican.
_____
Well, I don't vote Democrat, so dont' worry about that.
But, let's have another look at that sentence you wrote above. Let's replace the word "China" with a phrase that elicits a truer meaning:
I think the Princess is right. If we don’t like the COMMUNIST POLICE STATE THAT STAMPS OUT HUMAN RIGHTS' policies, then rather than blame the COMMUNIST POLICE STATE THAT STAMPS OUT HUMAN RIGHTS (and its provinces like Taiwan) for doing what the COMMUNIST POLICE STATE THAT STAMPS OUT HUMAN RIGHTS thinks is best for the COMMUNIST POLICE STATE THAT STAMPS OUT HUMAN RIGHTS, we ought to blame ourselves if we go along with it.
_____
Precisely my point. We shouldn't go along with it. It goes against everything we are supposedly for: everything we fought a world war to stop; everything we fought a 50+ year Cold War to prevent.
Why grovel before the COMMUNIST POLICE STATE THAT STAMPS OUT HUMAN RIGHTS now, just because it's wearing a smiling face that implores "you can trust us; just do business with us, we're your friend!"
F-ck that!
HelloKitty Says:
> Randy H, Here is my business plan:
> Buy 5000 sq foot McMansions as REO’s
> then install 100 xtra large cubicle/beds
> in each house that I rent to SL junkies.
For some reason that business plan sounded familiar…
I wonder how long it will be before we have some people trying to leave “Real Life†and enter “Second Life�
I can understand this crap if you live in the midwest, but here on the coast there is just too much fun to be had in the real world. These people need to get out and enjoy life. Why not put the same amount of effort into straightening your own life out verses trying to start all over in virtual reality?
FAB, HK
Cult Heaven's Gate is just what I was thinking as I read HK's business plan. I was thinking, "you forgot to add the black Nikes".
I will not be in the slightest surprised if we get a mass exodus of folks from First Life into Second Life. One of my hate-mails I received was about a 5000 word treatise on how Second Life was a blueprint for how everyone would be forced to live over the next 20 years. "You will be assimilated to the matrix or die", (said in 4991 less words). There were a few paragraphs about why you'd need virtual real estate, or be forced to rent from others who got there earlier.
I never did quite grasp how Furries figured into the new world order.
Furries are the true form of the alien spirits that moved into human form. If you're going to be trapped here waiting for the next comet pass, at least you can Second Life in your real form. Although most advanced species are not very fond of double indirection.
Randy H,
Maybe the Congressional bailout for FB's could take the form of free McMansions in, and subsidised subscriptions to, SL?
You guys should see this video about how Virtual Life is ALSO outsourced
http://www.youtube.com/watch?v=ho5Yxe6UVv4
HK's idea is already implemented, only that the venue is in China.
Busted Says:
> Subprime hell hitting the bay area:
> http://www.insidebayarea.com/business/ci_5518220
When I first clicked the link above and saw FB’s James and Barbara Morgan I thought “Holy crap I bet those two weighs more than my race carâ€â€¦ Then I thought of a thread a while back where someone brought up that there seems to be a high correlation between FBs and “Super Chubbosâ€â€¦
On my last flight trip, the woman in the middle seat looks to weigh 500+ lbs. I had flesh curtains spilling over the arm rests. Her stomach was inches from the seat in front of her.
I seated in the window seat, would not have survived an emergency landing.
The surprising thing is that she looked quite small when she left the plane, no bigger than one Morgan.
Are the reporters for these stories a special breed of idiots? Shouldn't the fact that the Morgans owned their homes for 30+ years set off some alarm bells? They're ex-shipyard workers so they probably have good health insurance coverage.
I would not be surprised if they refinanced to buy an investment home elsewhere.
It was kind of sad that they had to tell you that the husband was on the left. In most pictures, it's pretty darned apparent who is the man.
There needs to be a way to hack into Second Life causing any computer running it to explode in a manner emitting enough radiation to sterilize the user.
M. Holliday,
The European conflict in WWII was won with Soviet blood. We helped to arm them, but they did the fighting on dying on their front.
In a mostly ignored story of collaboration, on the Asian front Mao's legions pummeled the Japanese with hardware supplied by the USA. Japanese resources diverted to the battles against Mao in China helped to enable the USA in its island hopping to within bomber reach on Japan's eastern front.
What is my point? What was good for the Communists was also what was good for us, to defeat facism at the time.
I don't think the Communist thugs in China attacked us. Maybe they did in Korea. But that was in Korea. It wasn't here.
Who did attack us? Not the Chinese, not the Communists. A facist government in Japan in 1941, and nation-less Islamo-facists on 9/11.
Don't blame China for using our own trade policies against us.
I'm not apologizing for our trade policy with China, no way.
But if you want to bring police state into it,
... why are we exporting our capital to a POLICE-STATE MONARCHY in Saudi Arabia, to people who hate us, people who fund those Islamo-facists that attacked us and killed 3000 of us on our own soil?
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COLDWELL BANKER® ENTRANCE INTO SECOND LIFE® MAKES VIRTUAL HOMEOWNERSHIP EASIER FOR MILLIONS OF RESIDENTS
Company Leads Real Estate Industry Into Virtual Future
(link)
This is in the give me a f*#!ng break category. All the zaniness in the "virtual worlds" space is a subject I've purposefully kept separate from Patrick.net until now. But this crosses the line for me. As if we don't have a big enough headache with the *real* real estate bubble, along with all its hype, mania, collusion, greed, corruption and now economic fallout, now we get to legitimize a whole *pretend* real estate bubble. And in case you think this is some irrelevant, minor fringe element bear in mind this particular virtual world claims over 4,000,000 current residents and is growing at over 30% per month.
For anyone lucky enough to have not been exposed, the short version is:
Ok, so I took this whole issue on, called out what I saw as a type of Ponzi pyramid scheme, and roundly got ripped up by cult Second Life's love hype machine. You can find my articles here (main one that started it all), here, here, and here. There is also a lawsuit (the real kind, not the pretend computer cartoon kind), Bragg v Linden in which my first two articles above have been submitted to the court in a revised complain[t]
statement. The case is a dispute over -- you guessed again -- Virtual Real Estate!If nothing else, I thought this might make a nice weekend distraction for everyone before we get back to the *real* RE bubble next week.
--Randy H
PS. If you really want to ruffle some academic and fanbois feathers, you can go join the discussion on the "Ivory Tower" blog that covers virtual worlds stuff here.
#housing