Just got the following, hearfelt rant in my email box from this guy. I think it speaks to the hubris, bad faith, and frustration we're seeing from real estate clerks out there as they begin to reap what they've sown. With Q1 sales down 24%, and May sales looking even worse, it's easy to see what's got Ethan's knickers in a knot. One wonders if his sales pitch will continue to fall on deaf ears. [more]
Yahoo! Answers scares the crap out of me. To think that people would actually turn to this "resource," rather than seek out better sources of advice... I would rather not think about it. And we wonder why foreclosures are at record rates? Savings rate increasingly negative?
Americans are financially illiterate.
The majority think their houses are worth more than they were last year, despite numbers that show quite the opposite.
Could be the same people that are forking out nearly 50% of AUM for Blackstone.
PT Barnum had it wrong. There are thousands born every minute.
Wow, we're selling Costa Rican lots at Caps?
To heck with Vista. The "wow" is here: [more]
and then the developer auctions off the remaining hunks of junk at half price.
What's your response? Admit you made a stupid buy? Or complain because you overpaid?
Here's what happened. (Thanks to Housing Panic for the fun.)
Well, they don't recommend this at dental school...
This (at the large size, you'll need to click and link out to see that) shows how Apple's Safari browser gives me blurry type. It's the back window, with the front one being Internet Explorer. Safari also doesn't support newer web features on a slew of sites I tried. All in all, like stepping back 3 years in browser time. [more]
Not sure if this has happened before, but it sure looks good.
The Democrats, rushing to screw with the fuel marketplace, in worthless -- and doomed -- attempt at creating energy independence through expensive, uneconomical, and filthy coal-to-fuel plants, subsidized by you know who (us.). [more]
Meuller's keeping the U.S. safe for his speeches and public appearances. [more]
Good old Nicky Rets, he of the "there is no bubble" school of pumping. He used to be anyway. [more]
Good old Realty Times (and Yahoo!)
Housing Panic Blog with the goal on this one.
Madison shows us we don't need the six-percenters.
Duh! I sold my home without them. A lawyer took care of all the nasty paperwork, even closing the place for us while we were out of town. Total bill, well under $1,000.
Stay tuned for ridiculous FUD from the NAR.
She really, really, really doesn't want to be in jail.
I almost feel sorry for her. Almost. I read that they wouldn't let her bring in books. That seems too harsh. Let her read a thing or to, do her time, and then get back to drinking in public without underpants, so that all will be right with the world.
The award goes to this piece, from Laura Rowley, writing for the front page of Yahoo! Finance. [more]
It's simple. It's because there's so little journalism and analysis covering the scams. Gary Weiss has a good post (describing another article) touching on investigative journalism and the multitude of ways that hard-nosed pieces are killed. (Note, Gary could also have referred to the example of Chris Byron, who, it seems, was forced out of a Murdoch-run paper, The New York Post, for looking too hard at the unseemly.) I figured I could use this space to add a little color to why we don't see much coverage of stock fraud. [more]
You don't have to go far on "the Internets" to find angry consumers complaining about their Xbox 360s. No, the complaints aren't the usual ones about Microsoft (Nasdaq: MSFT). They're not about clunky interface, lack of design leadership, or unimaginative features. [more]
Nowhere near Pakistan, of course.
As with previous U.S. administrations, tyranny and repression are just fine with Shrubya, so long as it's his brand of tyranny and repression.
Of course, that works... Until it doesn't.
Alas, it's possible to game your own rec count and pump your own blog posts to make them look more popular than they are. I just confirmed it, with firefox, and it can be done pretty quickly. I bet I can get this post to 10 recs in a couple of minutes...