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	<title>Comments on: Weekend Open Discussion &#8211; Part II</title>
	<atom:link href="http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/feed/" rel="self" type="application/rss+xml" />
	<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/</link>
	<description>Real Estate, Economics, and Politics</description>
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		<title>By: how to fix credit report</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-206931</link>
		<dc:creator>how to fix credit report</dc:creator>
		<pubDate>Sat, 02 Aug 2008 01:20:02 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-206931</guid>
		<description>Credit repair has become very important. Many people dont even know what their credit score is.  There is so much identity theft that a person should get their credit report at least every year. Look over it VERY carefully and make sure everything is correct.  IF you find things wrong with it then contact the credit reporting agency.  Dispute the item.  If you do not know how to dispute an item you can get a book called The Ultimate Credit Repair Book and it will show you how you can remove items easily.</description>
		<content:encoded><![CDATA[<p>Credit repair has become very important. Many people dont even know what their credit score is.  There is so much identity theft that a person should get their credit report at least every year. Look over it VERY carefully and make sure everything is correct.  IF you find things wrong with it then contact the credit reporting agency.  Dispute the item.  If you do not know how to dispute an item you can get a book called The Ultimate Credit Repair Book and it will show you how you can remove items easily.</p>
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		<title>By: 3b</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194672</link>
		<dc:creator>3b</dc:creator>
		<pubDate>Sun, 22 Jun 2008 15:25:42 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194672</guid>
		<description>#173 Richard: It appears your whole block has turned over in the last 18 months.

Yes nothing much has changed, even with all that has tranpired since you last stopped visiting us, you are still in complete denial. Very sad.</description>
		<content:encoded><![CDATA[<p>#173 Richard: It appears your whole block has turned over in the last 18 months.</p>
<p>Yes nothing much has changed, even with all that has tranpired since you last stopped visiting us, you are still in complete denial. Very sad.</p>
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		<title>By: 3b</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194671</link>
		<dc:creator>3b</dc:creator>
		<pubDate>Sun, 22 Jun 2008 15:22:33 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194671</guid>
		<description>#167 laughing:some folks have scoffed at us for assuming a 675k house could fall 100k in 6 months … we’ll see.

They alreasy have and are continuing to fall in many areas at 100k in 6 months and more.</description>
		<content:encoded><![CDATA[<p>#167 laughing:some folks have scoffed at us for assuming a 675k house could fall 100k in 6 months … we’ll see.</p>
<p>They alreasy have and are continuing to fall in many areas at 100k in 6 months and more.</p>
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		<title>By: still_looking</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194642</link>
		<dc:creator>still_looking</dc:creator>
		<pubDate>Sun, 22 Jun 2008 08:24:16 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194642</guid>
		<description>ket, 

It was me asking about Gmen.

Aren&#039;t there repercussions if these folks use tapping/taping for &lt;i&gt;personal&lt;/i&gt; use? Don&#039;t they require warrants???

WTF?

sl</description>
		<content:encoded><![CDATA[<p>ket, </p>
<p>It was me asking about Gmen.</p>
<p>Aren&#8217;t there repercussions if these folks use tapping/taping for <i>personal</i> use? Don&#8217;t they require warrants???</p>
<p>WTF?</p>
<p>sl</p>
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		<title>By: BC Bob</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194641</link>
		<dc:creator>BC Bob</dc:creator>
		<pubDate>Sun, 22 Jun 2008 04:53:22 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194641</guid>
		<description>&quot;downtown retail is flourishing from what a local councilman told me.&quot;

Richard,

A monte carlo simulation?

Not earth shattering news, Fuld recently said we were in the 9th inning. That was before he begged for $6B. Oh by the way, that $6B has gone up in smoke.

Did your local carnival barker discuss recent tepee sales at the street fair?</description>
		<content:encoded><![CDATA[<p>&#8220;downtown retail is flourishing from what a local councilman told me.&#8221;</p>
<p>Richard,</p>
<p>A monte carlo simulation?</p>
<p>Not earth shattering news, Fuld recently said we were in the 9th inning. That was before he begged for $6B. Oh by the way, that $6B has gone up in smoke.</p>
<p>Did your local carnival barker discuss recent tepee sales at the street fair?</p>
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		<title>By: BC Bob</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194640</link>
		<dc:creator>BC Bob</dc:creator>
		<pubDate>Sun, 22 Jun 2008 04:44:45 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194640</guid>
		<description>&quot;haven’t been here in a while but nothing much has changed the usual whiners complaining&quot;

Richard,

Quite the contrary, I&#039;m having a blast. Haven&#039;t even heard too much Goldilocks lately. Also, I went against you and took the other side of the trade regarding the resiliency of the US consumer. Just a great trade. I owe you a drink. REM sang about the clueless on Thurs, Everybody Hurts.

How&#039;s your theory regarding unlimited/perpetual liquidity? Trillions in liquidity sucked down the drain. Still buying those financials after a 10% pullback? It always worked in the past. Why not now? Have you retrieved your nose out of the butts of the 5 WS&#039;s that bought in that overpriced/overbought town. Come to think of it, do they still have jobs?

Thrilled to have you back. Please come to the next GTG. Love to hear your next buy, I have a new pair of shorts, have to break in.</description>
		<content:encoded><![CDATA[<p>&#8220;haven’t been here in a while but nothing much has changed the usual whiners complaining&#8221;</p>
<p>Richard,</p>
<p>Quite the contrary, I&#8217;m having a blast. Haven&#8217;t even heard too much Goldilocks lately. Also, I went against you and took the other side of the trade regarding the resiliency of the US consumer. Just a great trade. I owe you a drink. REM sang about the clueless on Thurs, Everybody Hurts.</p>
<p>How&#8217;s your theory regarding unlimited/perpetual liquidity? Trillions in liquidity sucked down the drain. Still buying those financials after a 10% pullback? It always worked in the past. Why not now? Have you retrieved your nose out of the butts of the 5 WS&#8217;s that bought in that overpriced/overbought town. Come to think of it, do they still have jobs?</p>
<p>Thrilled to have you back. Please come to the next GTG. Love to hear your next buy, I have a new pair of shorts, have to break in.</p>
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		<title>By: njpatient</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194639</link>
		<dc:creator>njpatient</dc:creator>
		<pubDate>Sun, 22 Jun 2008 04:16:26 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194639</guid>
		<description>And the town pool renovation is a disaster, unless the goal was to make it impossible for a parent with multiple children to use the thing, in which case it was a great success.</description>
		<content:encoded><![CDATA[<p>And the town pool renovation is a disaster, unless the goal was to make it impossible for a parent with multiple children to use the thing, in which case it was a great success.</p>
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		<title>By: njpatient</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194638</link>
		<dc:creator>njpatient</dc:creator>
		<pubDate>Sun, 22 Jun 2008 04:12:08 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194638</guid>
		<description>Reach!!
Neighbor!!!

I was at a party in the city last month and the topic of Westfield came up. Folks were horrified that the place doesn&#039;t have a direct train line and was more expensive than Summit. 
Westfield&#039;s a dying town.</description>
		<content:encoded><![CDATA[<p>Reach!!<br />
Neighbor!!!</p>
<p>I was at a party in the city last month and the topic of Westfield came up. Folks were horrified that the place doesn&#8217;t have a direct train line and was more expensive than Summit.<br />
Westfield&#8217;s a dying town.</p>
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	<item>
		<title>By: Richard</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194637</link>
		<dc:creator>Richard</dc:creator>
		<pubDate>Sun, 22 Jun 2008 03:24:18 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194637</guid>
		<description>haven&#039;t been here in a while but nothing much has changed the usual whiners complaining about how houses are too expensive and they just have to come down to a price i want to pay for it.  ho hum.  3 sales on my block in the last 6 months all solid at or up to 3% below asking in less than 3 weeks.  my town pool just got a major overhaul and its even better than it was before if that was even possible.  downtown retail is flourishing from what a local councilman told me.  good towns will weather this storm far better than others.</description>
		<content:encoded><![CDATA[<p>haven&#8217;t been here in a while but nothing much has changed the usual whiners complaining about how houses are too expensive and they just have to come down to a price i want to pay for it.  ho hum.  3 sales on my block in the last 6 months all solid at or up to 3% below asking in less than 3 weeks.  my town pool just got a major overhaul and its even better than it was before if that was even possible.  downtown retail is flourishing from what a local councilman told me.  good towns will weather this storm far better than others.</p>
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		<title>By: Pat</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194636</link>
		<dc:creator>Pat</dc:creator>
		<pubDate>Sun, 22 Jun 2008 03:02:55 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194636</guid>
		<description>Laughing, have you ever gone up this road:
http://tinyurl.com/3rgakx
?</description>
		<content:encoded><![CDATA[<p>Laughing, have you ever gone up this road:<br />
<a href="http://tinyurl.com/3rgakx" rel="nofollow">http://tinyurl.com/3rgakx</a><br />
?</p>
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		<title>By: Everything's Hobroken</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194635</link>
		<dc:creator>Everything's Hobroken</dc:creator>
		<pubDate>Sun, 22 Jun 2008 02:43:38 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194635</guid>
		<description>SP 537 is really 527</description>
		<content:encoded><![CDATA[<p>SP 537 is really 527</p>
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		<title>By: Everything's Hobroken</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194634</link>
		<dc:creator>Everything's Hobroken</dc:creator>
		<pubDate>Sun, 22 Jun 2008 02:42:10 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194634</guid>
		<description>re 151
Obama and public finance

It is amusing to me that criticism of the decision to abandon the government&#039;s public financing system by the Obama campaign has come from both the left and the right.

While the right has distrusted the system because it limits spending and the left because it does not prevent private donations.

What both fail to see is that he has stumbled on the answer to financing that neither really opposes. This new system removes the suspect power of large donors while removing the limits of spending.

Instead of lauding this new funding paradigm, they attack it against the long term best interest of the country.

I argue that his abandonment of the government system is correct and the criticism is inside-the-beltway nonsense. The public has rightly never really supported the system. It used to be that the Republicans got the majority of their contributions from small donors and the Democrats from a few large donors (contrary to what you would expect). Few volunteered to donate to the federal system using the check-off because their donation might well go to someone they did not support. 

From now on, both will do what Obama is doing. The 537s will fade away since the amounts available to the candidates will allow the campaigns to swamp their media access.

Woe to the party that tries to run an unpopular candidate in the future. Many will find this scary, but opening up the process in this new way is the best chance we&#039;ve got.</description>
		<content:encoded><![CDATA[<p>re 151<br />
Obama and public finance</p>
<p>It is amusing to me that criticism of the decision to abandon the government&#8217;s public financing system by the Obama campaign has come from both the left and the right.</p>
<p>While the right has distrusted the system because it limits spending and the left because it does not prevent private donations.</p>
<p>What both fail to see is that he has stumbled on the answer to financing that neither really opposes. This new system removes the suspect power of large donors while removing the limits of spending.</p>
<p>Instead of lauding this new funding paradigm, they attack it against the long term best interest of the country.</p>
<p>I argue that his abandonment of the government system is correct and the criticism is inside-the-beltway nonsense. The public has rightly never really supported the system. It used to be that the Republicans got the majority of their contributions from small donors and the Democrats from a few large donors (contrary to what you would expect). Few volunteered to donate to the federal system using the check-off because their donation might well go to someone they did not support. </p>
<p>From now on, both will do what Obama is doing. The 537s will fade away since the amounts available to the candidates will allow the campaigns to swamp their media access.</p>
<p>Woe to the party that tries to run an unpopular candidate in the future. Many will find this scary, but opening up the process in this new way is the best chance we&#8217;ve got.</p>
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		<title>By: Pat</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194633</link>
		<dc:creator>Pat</dc:creator>
		<pubDate>Sun, 22 Jun 2008 02:33:36 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194633</guid>
		<description>It&#039;s normally not so bad for me, having a young kid. She&#039;s fast, but I&#039;m hyper.

Today, however, I did my annual personal car washing.  Two hours of washing, hoovering, and getting the gum out of the mats and the melted crayon off the crush valor. ;)</description>
		<content:encoded><![CDATA[<p>It&#8217;s normally not so bad for me, having a young kid. She&#8217;s fast, but I&#8217;m hyper.</p>
<p>Today, however, I did my annual personal car washing.  Two hours of washing, hoovering, and getting the gum out of the mats and the melted crayon off the crush valor. ;)</p>
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		<title>By: rhymingrealtor</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194632</link>
		<dc:creator>rhymingrealtor</dc:creator>
		<pubDate>Sun, 22 Jun 2008 02:29:47 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194632</guid>
		<description>Pat, 

  First time I ever went to a water park with my kids was about 5 years ago.  We got home at around 6pm, I was sound asleep by 6:15 .... I was only about 43 at that time! 

KL</description>
		<content:encoded><![CDATA[<p>Pat, </p>
<p>  First time I ever went to a water park with my kids was about 5 years ago.  We got home at around 6pm, I was sound asleep by 6:15 &#8230;. I was only about 43 at that time! </p>
<p>KL</p>
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		<title>By: Laughing all the way</title>
		<link>http://njrereport.com/index.php/2008/06/20/weekend-open-discussion-part-ii-25/#comment-194631</link>
		<dc:creator>Laughing all the way</dc:creator>
		<pubDate>Sun, 22 Jun 2008 02:26:41 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3255#comment-194631</guid>
		<description>hey pat, thanks for that zillow tip. never noticed that link. i dont think it&#039;s updated that regularly ... most recent comps were in Jan of this year. 

re: price ... we&#039;d never pay that (when we&#039;re buying, in spring 09 when our lease is up). were looking in the 500-699 range now because we think those will fall to about 500-550 when we&#039;re ready to buy. 

some folks have scoffed at us for assuming a 675k house could fall 100k in 6 months ... we&#039;ll see.</description>
		<content:encoded><![CDATA[<p>hey pat, thanks for that zillow tip. never noticed that link. i dont think it&#8217;s updated that regularly &#8230; most recent comps were in Jan of this year. </p>
<p>re: price &#8230; we&#8217;d never pay that (when we&#8217;re buying, in spring 09 when our lease is up). were looking in the 500-699 range now because we think those will fall to about 500-550 when we&#8217;re ready to buy. </p>
<p>some folks have scoffed at us for assuming a 675k house could fall 100k in 6 months &#8230; we&#8217;ll see.</p>
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