Shadows get a little brighter

From Bloomberg:

Shrinking ‘Shadow Inventory’ Eases Threat to U.S. Housing

The overhang of pending foreclosures that threatened to flood the U.S. housing market and depress prices is dissipating as banks sell off distressed properties and let borrowers sell homes for less than they owe.

The so-called shadow inventory of homes that are seriously delinquent, in the foreclosure process or owned by banks and not listed for sale tumbled in April to the lowest level in more than three years, CoreLogic Inc. (CLGX) said today. Home seizures plunged 18 percent from a year earlier even as initial notices of foreclosure increased, a sign that banks are turning to repossession alternatives, RealtyTrac Inc. said today.

“In some ways, the shadow inventory was aptly named because shadows can sometimes appear larger than the actual problem,” Daren Blomquist, a RealtyTrac vice president, said in an interview. “The uncertainty of how much distressed inventory would end up on the market was more of a problem than what the actual numbers are turning out to be.”

The shadow inventory fell 15 percent from a year earlier to about 1.5 million homes and is at the lowest since October 2008, the Santa Ana, California-based real estate information company CoreLogic said in a statement today. That represents a supply of about four months, down from six months in April 2011.

The decline in the shadow inventory is a positive development because it removes some of the downward pressure on house prices,” Mark Fleming, chief economist for CoreLogic, said in a statement today. “This is one of the reasons why some markets that were formerly identified as deeply distressed, like Arizona, California and Nevada, are now experiencing price increases.”

Serious mortgage delinquencies also are down, with the share of payments 90 days late dropping to a three-year low of 6.86 percent in April, according to data compiled by Bloomberg. Arizona had a 37 percent decline in serious delinquencies, more than any other state, followed by California, Nevada, Michigan and Minnesota, CoreLogic said today.

This entry was posted in Foreclosures, Housing Recovery, National Real Estate. Bookmark the permalink.

176 Responses to Shadows get a little brighter

  1. grim says:

    From the WSJ Metropolis Blog:

    http://blogs.wsj.com/metropolis/2012/06/14/n-j-adds-nearly-18000-new-jobs/

    New Jersey added 17,600 jobs in May, a bump in employment championed by Republican Gov. Chris Christie Thursday as he seeks to show the state’s economy is on the rebound.

    The job growth accounted for 25% of all the jobs created in the nation last month, Christie said during a press conference announcing the job figures derived from the U.S. Bureau of Labor Statistics.

    “We are getting back on track. People are going back to work,” Christie said. “To keep moving forward, we can’t change course now.”

    Still, New Jersey’s unemployment increased slightly, from 9.1% in April to 9.2% in May. The state Department of Labor and Workforce Development attributed the increase to job seekers returning to the labor market to look for work.

  2. grim says:

    From New Jersey Newsroom:

    N.J. adds over 17K jobs as unemployment creeps up

    According to a press release from the New Jersey Department of Labor and Workforce Development, 17,600 new jobs were added in May with 4,700 public sector jobs and 12,900 in the private sector. It is New Jersey’s best single month for new employment in seven years. Since the low point of the recession in February 2010, New Jersey has gained 84,000 jobs. And in the last year, May 2011-May 2012, 59,800 jobs have been added with gains in eight of the last nine months.

    “We’re seeing sustained economic growth with continued job creation at a rate we haven’t experienced in the last decade,” said Charles Steindel, Chief Economist for the New Jersey Department of Treasury. “While our unemployment rate has ticked up slightly it is because growth in the labor force has outstripped population growth. We’re seeing continued confidence in our job market as our labor force participation rate keeps increasing, even outpacing the national rate.”

    The private sector area which gained the most jobs in May was “leisure and hospitality,” which added 9,900 jobs. The opening of Revel Atlantic City, a new hotel and casino was partially responsible for these gains. Other sectors posting gains included trade, transportation and utilities (+4,300), professional and business services (+4,000) and education and health services (+3,000).

    Three sectors posted losses. The most jobs were lost in financial activities (-4,800). Other losses were seen in construction (-3,900) and manufacturing (-1,200).

  3. grim says:

    Leave it to Harvard, joint center indeed.

    From the Record:

    Housing market recovery depends on job growth, report says

    The housing market is beginning to recover, but could stall if the U.S. doesn’t have sustained job growth, the Joint Center for Housing Studies of Harvard University said Thursday.

    And despite more affordable home prices, millions of households in the U.S. – mostly renters – struggle with monthly housing costs, the center said in its annual State of the Nation’s Housing report.

    “Almost one-fifth of households report spending more than half of their income on housing,” said Eric Belsky, managing director of the center. “That’s not only a housing crisis; it means there’s that much less to spend on everything else.”

    “The housing sector is turning a corner, but we need to think about what to do to serve everybody,” said George McCarthy, an executive with the Ford Foundation, one of the report’s sponsors, at a press conference in New York.

    At the same time, because of low interest rates and sliding home prices, the monthly cost of owning, compared to renting, is at its most affordable since the 1970s, the report said. But many households can’t take advantage of buying because they can’t meet lenders’ tighter mortgage standards, the report said.

    Still, home sales have been slowly rising this year, after hitting post-World War II lows in recent years.

    “It’s mirroring what’s happening in the job market – steady but not spectacular growth,” said Chris Herbert, research manager at the center.

    Sales have been restrained by weak growth in new households, because of lower immigration numbers and the tendency of under- or unemployed young people to stay with their parents. But household formation is expected to pick up as the so-called Echo Boomers – a large generation made up of the children of the baby boomers – eventually launch themselves out of Mom’s basement.

  4. Comrade Nom Deplume says:

    Where’s Mike with our good morning?

  5. Mikeinwaiting says:

    Day off Nom.

  6. yo says:

    Anybody have experience with HARP.I called WF wednesday,applied, got 3% for a 15 year and got a call from a title company yesterday,inquiring about something.Does it really work this fast?I did not even know if I was approved.
    I tried HAMP a few months ago.WF will not modify my mortgage balance,will check if I qualify for a 2% refi and credit will get hit.I said why will I want to do that?

  7. yo says:

    HARP will allow under water mortgage,no closing cost,no appraisal

  8. gary says:

    Just out of curiosity, does Oblama’s millionaire and billionaire friends know that he’s looking to confiscate their money while he seeks their support? And does anyone else see the tragedy/comedy irony between this administration and the trained monkeys who support him?

    http://news.yahoo.com/sarah-jessica-parker-hosts-obamas-022732730–abc-news-politics.html

  9. gary says:

    grim,

    unmod me.

  10. hughesrep says:

    Any HAMP or HARP like programs out there for someone who bought in late 2009? Looks like both programs are only available for those who bought prior to 6/09.

    Want to refi to lower rates. Have maybe 10% positive equity, current on the note, and want to avoid writing a check or PMI. Loks like I can refi to a 20, keep the payments the same and shave 7 years off the mortgage.

    We bought in September ’09. Just in time to miss both tax credit programs too. Huzzah.

    I want my effing pony.

  11. gary says:

    http://www.ritholtz.com/blog/

    • Forty-five million Americans (one in seven) are on food stamps.

    • One in seven is unemployed or underemployed.

    • The percentage of those out of work defined as long-term unemployed is the highest (42%) since the Great Depression.

    • 54% of college graduates younger than 25 are unemployed or underemployed.

    • 47% of Americans receive some form of government assistance.

    • Employment-to-population ratio for 25- to 54-year-olds is now 75.7%, lower than when the recession “ended” in June 2009.

    • There are 7.7 million fewer full-time workers now than before the recession, and 3.3 million more part-time workers.

    • Eight million people have left the labor force since the recession “ended” — adding those back in would put the unemployment rate at 12% instead of 8.2%.

    • The number of unemployed looking for work for at least 27 weeks jumped 310,000 in May, the sharpest increase in a year.

    • Just 14% of high-school graduates believe they will have a more successful financial future than their parents.

    • The male unemployment rate for ages 16 to 19 is 27%; for ages 20 to 24, it is 13%.

    • Because of structural problems such as negative home equity (which keeps people from moving for work) and skills erosion (from long-term unemployment), UBS economists estimate that the economy’s natural unemployment rate has increased from 5.7% before the recession to 8.6% now. This acts as a speed limit on potential economic growth.

    • Between 2007 and 2010, median family net worth fell nearly 40%, while median inflation-adjusted incomes before taxes fell nearly 8%.

    Any questions?

  12. marty says:

    I guess those counting the shadow inventory didnt drive through Bloomfield. These types of articles are such a waist of time. And the stock market drops 10% and we need a world wide effort by the central banks to keep the game going. Lets just get it over with already!

  13. A.West says:

    Gary,
    In 2007, the median family’s net worth was 50% overvalued and they were overpaid to do jobs that shouldn’t have existed, like house fluffing, or being personal shoppers.
    Measures against the past don’t matter, the question is who has a vision for making the US economy productive and globally competitive. Not O, and I haven’t heard a compelling explanation from MR.

  14. 3B says:

    Still lots of other threats to U.S. housing.

  15. Painhrtz - Oooh a Donut! says:

    Drop taxes, minimize entry costs for new and existing businesses ( ie lower regulations) streamline the tax code, cut 20% of all government budgets, end the oversees adventures, curtail the drug war and entitlement reform. It is not that hard but the morons in government have to keep handing out ponies and bombing the third world so it will never happen.

  16. 3B says:

    Is any one here familair with Midland Park (Bergen Co.)?

  17. 3B says:

    1&2 I wonder how many were seasoanl summer jobs?

  18. The Original NJ ExPat says:

    buy now or be priced in forever.

  19. Mike says:

    Sorry Nom playing hooky today, Good Morning New Jersey

  20. Shore Guy says:

    “The housing market is beginning to recover, but could stall if the U.S. doesn’t have sustained job growth, the Joint Center for Housing Studies of Harvard University said Thursday.”

    Indeed. File this one under: “Duuuuuuuuuuuude!”

  21. 3B says:

    #12 gary: So that means housing prices are going up?

  22. Shore Guy says:

    People do not walk into a store and go, “Oh! My Goodness! Look at this refrigerators have dropped 20% in cost. How dreadful.” Or, “Would you look at the cost of beef? Dropped 3% each month for the past year. How terrible.”

    The only reason to be concerned about lower housing prices is that people who overpaid can’t refinance or can’t sell today and break even or make a profit. So what. It was people making huge purchaese with other peoples’ money that caused the problem, why should society go about wringing its collective hands over poor financial decisions made by people who did not think through their “investment” before making it?

  23. gary says:

    Batman [14],

    House fluffing! lol! I like it! I pictured this really hot realtor… oh, nevermind.

  24. gary says:

    3B [22],

    Yes, you are correct. It’s very competitive here because of the overwhelming wealth, proximity to NYC and scarcity of land. In fact, I’m thinking about taking out a 2nd mortgage to buy another house but I’m going to tell the bank it’s for house improvements. Shh!! Don’t tell anyone! At least, that’s what a realtor told me I should do.

  25. gary says:

    DOWNTOWN LOS ANGELES (KABC) — Tuesday was the last day of work for hundreds of Los Angeles Unified School District employees who are losing their jobs because of budget cuts.

    Dozens of members from the United Teachers of Los Angeles joined concerned parents and teachers on Tuesday evening at the district headquarters in downtown Los Angeles to protest the layoffs.

    The district will be letting go of 680 classified workers including office technicians, secretaries, cafeteria workers and custodians.

    Nearly 3,700 more workers will be bumped to other positions or have their salaries cut. Many will be moved from one school campus to another mid-semester.

    I don’t see any administrative cuts. Why not start at the highest paid positions and pare down those first? It would save teachers jobs because after all, it’s for the children. Right? Right? I said, right?

  26. The Original NJ ExPat says:

    [23 ]As stupid as many were taking the money, stupider still are the lenders for giving the money. If China lent directly to homeowners, instead of indirectly, we’d all be having a good laugh about it right now as houses got cheaper and cheaper. “Stupid Chinese, that’ll teach them.” Substitute “Bankers” for “Chinese” and suddenly 10,000 more lobbyist jobs are created. Maybe that happened already?

    The only reason to be concerned about lower housing prices is that people who overpaid can’t refinance or can’t sell today and break even or make a profit. So what. It was people making huge purchaese with other peoples’ money that caused the problem, why should society go about wringing its collective hands over poor financial decisions made by people who did not think through their “investment” before making it?

  27. Shore Guy says:

    Interesting clip from the European Parliament:

    http://www.youtube.com/watch?v=TN_1mF-3JTI&feature=youtu.be

  28. Mike says:

    Gary 12 Captian Sunshine will find a bright side to all this, just waiting for Nurse Ratchet to boot up his computer

  29. JJ says:

    Gary, employment stats are misleading. Last night at a party at the Waldorf, pretty good mind you. The Waldorf is packed, multiple parties every floor hotel sold out and city packed last night so my view is no recession in Manhattan, anyhow talking to some lady who is like 53, little pudgey, and she says she is underemployed and cant get a good job like me as firms are biased. I go what does that mean, well you are good looking, tall, smart male and have a good personality. Firms are biased in they like tall smart males with good personality and if you look good in a suit and considered a stable married man with kids and are the sole breadwinner so they know they have you buy the balls and you will work hard it is even more points.

    So I say to her, lets be honest this is really about fact you are 53 and unmarried because if you had a tall, good looking smart husband with a great personality making a boat load of money you would be at the country club today relaxing while your hubbie brought home the money, she goes of course, but since I dont have the hubbie I should get equal pay. Everyone wants a pony, So I said lets be honest a little Jenny Craig, a good pair of Spanx and a trainer in a few months maybe you can get that promotion and a hubbie. It cheered her up.

    I really should be an executive life coach.

  30. Richard says:

    JJ your rainbow brightens everyone’s day.

  31. gary says:

    Mike [29],

    Sarah Jessica said that the Obamas have done such great work in their first term given that they were handed the worst economy in 4.2 billion years. I’m sure the Messiah will give an even greater performance in his 2nd act. Let’s step aside and marvel at his talents while he creates even bigger thrills and chills for the Amerikan muppets.

  32. 3B says:

    #25 gary: Do it!! By the way are you familiar at all with Midland Park, going to take a drive around this weekend. Not a lot of inventory on the market (only 20 some listings), but the taxes appear to be very low. Not familiar with the town at all, just trying to get an idea, pros/cons.

  33. gary says:

    JJ,

    I heard that there was this forest boy living in the Pine Barrens of Long Island for 5 years. Perhaps you fathered an illegitimate son unknowingly?

  34. Richard says:

    If Obama comes to NYC at rush hour and f***s up my commute home one more time I swear I’ll never vote Democrat again.

  35. JJ says:

    Thank you. Funniest part of last night was little things. For instance the Women who ran the Women on Wall Street group quit to be a full time Mom with her kids. Lady told me she used to ride the train with me back when I was 29 and used to tell her girl friends how hot I was but she never worked up never to talked to me. Knew which train I rode, what car which apt I lived in. Crazy. But I made her day last night, I said look I lived alone if you probably talked to me on the way home when I was having a tall boy I would have probably invited you for drinks and dinner right then and there and took you up to my apt and did you, maybe even make you some fresh eggs and coffee before I did you one more time and sent you home. She was so happy. Sadly she too also was in need of spanx, but I faintly remembered her, I was out of her league, but I could have used a booty call call girl in Neighborhood. I was spreading cheer.

    Richard says:
    June 15, 2012 at 9:19 am
    JJ your rainbow brightens everyone’s day.

  36. JJ says:

    Thursday evening on a nice summer night tons of hotties were out, I should have brought some hot butter cause there was lots of muffin tops. Any Richard, next time this happens tell the wifey look this O guy is in town again, last time this happened it was a bear to go home, then insert going out with boys, getting a steak dinner, hitting a happy hour, going to Yankee game etc. And say look not like I want to buy Honey I have no choice.

    Richard says:
    June 15, 2012 at 9:22 am
    If Obama comes to NYC at rush hour and f***s up my commute home one more time I swear I’ll never vote Democrat again.

  37. gary says:

    Sold in 09/2006 for 1.1 million, currently asking 889K. Tick… tick… my little muppets:

    http://www.trulia.com/property/3074580541-244-Oldwoods-Rd-Franklin-Lakes-NJ-07417

  38. joyce says:

    (16)
    Pain,

    Yes all of that… plus monetary reform

  39. Richard says:

    LOL Now looking forward to Obama coming to NYC again.

  40. Fast Eddie says:

    Sold for 979K in 02/2008, currently asking 949K. Come to papa, my muppets:

    http://www.trulia.com/property/3065208723-758-Iron-Latch-Rd-Franklin-Lakes-NJ-07417

  41. Anon E. Moose says:

    Gary [26];

    Generally, I agree with you — if a person is in position of personell management and there are no longer any people to manage, well…

    But consider that A) the journalists are looking for the ‘angle’, not the truth — no one cries over the paper-pusher who gets axed, only the blue-collar lunch lady; so they may have simply not reported it; and B) depending on how the layoff was structured, the management people may have had the seniority right to get demoted ratehr than laid off — e.g., someone from the superintendent’s office goes back into the school and gets a (now vacant) Asst. principal’s position. Media doesn’t much care about them, eitehr, and though its still better than getting the ax, they probably took a haircut, and again the media doesn’t care to report it.

  42. joyce says:

    (23)
    Shore,

    I couldn’t agree more. But these HARPs, HAMPs, tax credits to give incentive to buy, and FED buying MBS, keeping interest rates low… they may talk about doing this so some little guy can refi or buy a house, but it is all for extend and pretend and trying to clean up the balance sheets of the banks, indirectly continuously bailing them out.

  43. Shore Guy says:

    Nom, et al., from the ABA Journal:

    Law Grads ‘Indentured Servants’ to Loans, Law Prof Says; Law School Crisis a Symptom of Weak Economy

    The student debt crisis, which could see this fall’s law school entrants hold an average of $150,000 in educational loans by graduation, is a symptom of large-scale social and economic turmoil across the U.S., one law school professor says.

    Paul Campos, professor of law at University of Colorado at Boulder School of Law, says that although law school applications have dropped 25 percent from last year, the fact that schools haven’t seen a larger drop— despite skyrocketing tuition and the deteriorating value of legal degrees—speaks volumes about the bleak career and economic outlooks for American youth.

    “We have a large class, a whole generation of highly educated young people who have nothing that they can do that really justifies either the cost or the effort they have put into in acquiring higher education,” Campos, author of the law blog Inside the Law School Scam and a contributor to Lawyers, Gun$ and Money said in a video interview with Bloomberg Law. “That is a recipe for social turmoil.”

    The challenges facing legal education have yet to penetrate traditional beliefs that law school is a low-risk option for risk-averse liberal arts graduates. And even those who grasp the issues and accept the quadrupled costs over the course of the last generation still view law school as one of the best alternatives available, Campos said. For many college grads, law school becomes “an act of almost desperation.” For those who take on the enormous cost of acquiring a J.D., only 20 to 25 percent are getting jobs that justify the debt levels that they’ve incurred, he adds.
    snip

    http://www.abajournal.com/news/article/campos_indentured_servants_law_school_crisis_symptom_economy/

  44. jcer says:

    I cannot stand Obama, his little campaign diversion royally screwed up the commute of a few hundred thousand people in lower manhattan. The Obamanots in NYC are just as bad, as soon as you say something bad about him you must be a republican and love Romney, seriously Amerika is doomed our populous is really dumb. I think electing an actual donkey might be better.

  45. Anon E. Moose says:

    Fast Eddie [42];

    I think you’re burying the lede, there. Sold in Feb ’08 for $979k; listed Oct ’11 for $1.189 MM; chasing the market down ever since: reduced to $1.125 MM w/in a month; $1.099 a month later; new broker (that’ll sell it!) and $999k this spring; now $949k.

    Probably would have got ~$950k if he had priced it right from the beginning, now the only thing we know is that he WON’T get $950k.

  46. Fast Eddie says:

    Breaking News CNBC: WASHINGTON (AP) — The Obama administration will stop deporting and begin giving work permits to younger illegal immigrants. The administration’s decision will affect as many as 800,000 immigrants. Two senior administration officials described the plan on condition of anonymity ahead of its expected announcement Friday.

    Bravo, maestro!! Bravo!!

  47. Fast Eddie says:

    Moose [47],

    I must be slipping!

  48. POS cape says:

    17 3b:

    I live in the area although don’t know much about the town itself. Has its own high school, there is a freight train line which might be noisy. It’s a nice town from what I know; no cons that I’m aware of.

  49. B@ck1nJersey says:

    JJ #30 & # 36, The reason we keep coming to this blog!!! :-) TGIF’s to everyone.

  50. Mikeinwaiting says:

    3b 33 Midland Park, buddy of mine been spending a lot of time there last two years his future bride owns there. She has two kids in school, will ask him for the low down. Seems they have some Ridgewood envy as he tells me she says she lives RW but really in Midland.

  51. Painhrtz - Oooh a Donut! says:

    Chairman O = the great panderer or Barry Rottenseed I need a new nickname for him.

    Jcer your right an actual donkey would be an improvement. As far as Sarah Jessica and her ilk, f*ck them, m*sterbating the king for favors still makes you a subject.

  52. Fast Eddie says:

    Just in case it hasn’t registered, those 800,000 work permits granted to the illegal immigrants equates to 200,000 jobs per month over the next 4 months. It’s just a “convenient” way to pad the monthly jobs number just in time for the elections. It’s Chicago style skullduggery at its finest.

  53. Painhrtz - Oooh a Donut! says:

    3B midland park is nice, there are some very Wycoffy sections but the taxes are significantly better though I don’t think the schools are blue ribbonny. Most kids I knew whose parents had some means either went to Don Bosco or Paramus Catholic for high school

  54. Fast Eddie says:

    Sold for 920K back in 12/2004; currently asking 799K. Dance, my little pudgy muppets! Dance for Papa!!

    http://www.trulia.com/property/3017204495-927-Franklin-Ave-Franklin-Lakes-NJ-07417

  55. seif says:

    Rewriting Romney on WWII veterans
    http://thelastword.msnbc.msn.com/

    the first video on this page had me laughing out loud

  56. Comrade Nom Deplume says:

    OT Alert

    LAWRENCE, Kan. (AP) — Police say two children from suburban Chicago who were found bound and blindfolded outside a Kansas Walmart are in temporary protective custody.

    Lawrence police spokesman Trent McKinley says the presumed parents of the children have been arrested on suspicion of child abuse and endangerment and will appear in court Thursday.

    Police found a 5-year-old boy Wednesday sitting beside a large SUV with his hands tied and a blindfold over his eyes. A bound and blindfolded 7-year-old girl was inside the vehicle, along with three other children, ages 12, 13 and 15. All are in protective custody.

    The family, from Northlake, Ill., was heading to Arizona when the vehicle broke down Monday in Lawrence.

    McKinley says officers are working with Illinois social services to determine where to send the children.

    Okay, at first I thought, freaking sickos, but then as one that has traveled with a 3 and 9 YO, I thought hmmmmm.

  57. 3B says:

    #56 Pain: Thank you, don’t care about the blue ribbony thing, and I think the whole thing is a bunch of nonsense, also kids are done with the schools. Just looking for good schools for property value purposes. Ironically I just looked at their HS website, and they require a mandatory summer reading program, something my blue ribbliny HS did not. The taxes are really low, trying to figure out why. Well run town perhaps!!!!

  58. 3B says:

    #53 mike: Thanks, I appreciate it. Who though would possibly lie about where they live??? Amazing!!! The town has under 8,000 people in it, and there are only 22 homes for sale in the town as per the njmls. The taxes are what caught my eye, and it is a train town.

  59. 3B says:

    #51 POS: Thanks I will check the freight train item.

  60. JJ says:

    I major in priapism in College.

  61. AG says:

    Y0,
    I just closed on the WF HARP 15 year. You actually got an 1/8 better than me. It’s really that simple. They didn’t even want me to go on the mortgage. They specifically said don’t make anymore prepayments though because it may disqualify you from the HARP. No closing costs is for me.

  62. Brian says:

    With that horseface, I wonder if Sarah Jessica Parker is actually part donkey.

  63. Brian says:

    Still, given the opportunity, I think I would hit that.

  64. Painhrtz - Oooh a Donut! says:

    3B it suffers from the fact that it is not Wycoff, and Ridgewood. Plus it is nearest to Passaic county but grabbed this off of wiki might explain the taxes

    As of Election Day, November 4, 2008, there were 4,507 registered voters. Of registered voters, 861 (19.1% of all registered voters) were registered as Democrats, 1,851 (41.1%) were registered as Republicans and 1,792 (39.8%) were registered as Unaffiliated. There were three voters registered to other parties.[33]

    In the 2008 presidential election, Republican John McCain received 57.2% of the vote here (2,154 ballots cast), ahead of Democrat Barack Obama, who received 41.9% of the vote (1,577 ballots),

  65. POS cape says:

    61 3B:

    I don’t believe it is a train town, except for the freight I mentioned. Nearest train is Ridgewood.

    As for lying about where you live, I knew a woman from Maywood who would say she’s from Paramus on match.com. As if there’s a huge difference.

  66. 3B says:

    #69 grim: Unmoderate.

  67. Nicholas says:

    Nom,

    I watched this 5 year old bounce around inside a parked car like he was Tigger and the car was some sort of bouncy house. He proceeded to bounce into the front seat and put the car into drive of which the joy ride was over after it slammed into another vehicle (Yes the parents left the car running with air conditioning while they went inside).

    I can see where frustrated parents would think it was a good idea to restrain their children before taking their eyes off them. I mean, people tether their kids all the time for example, leashes for toddlers, how is this any different?

  68. 3B says:

    #68 You are right nearest train is RW or GR. Apparently according to a realtor web site the schools are blue ribbony, maybe be grammar and not HS. And on a clear day, you can see NYC!!!!!!!!!!!!!!!

  69. Fast Eddie says:

    3B [71],

    Theoretically, on a clear day, I could see Berlin.

  70. JJ says:

    Newark and the Bronx are both Train Towns.

  71. JSMC says:

    Hi!

    I’ve been lurking here for a while, and don’t really post here, but I found this property and I’m wondering what skeletons are hiding in its closets. Taxes and schools look ok, price seems really low for what it looks like it is. Any thoughts?

    http://www.trulia.com/property/3082229636-51-Big-Piece-Rd-Fairfield-NJ-07004

    BTW, Great site!

  72. Painhrtz - Oooh a Donut! says:

    3b Glen rock TS is not far parking on the other hand : (

  73. The Original NJ Expat says:

    [48]Breaking News CNBC: WASHINGTON (AP) — The Obama administration will stop deporting and begin giving work permits to younger illegal immigrants. The administration’s decision will affect as many as 800,000 immigrants voters.

  74. JJ says:

    HAMP minimum requirements for eligiblity are (these are the bare minimum as there are other factors your lender will consider) :

    Be the owner-occupant of a one- to four-unit home.
    Have an unpaid principal balance that is equal to or less than:
    1 Unit: $729,750
    2 Units: $934,200
    3 Units: $1,129,250
    4 Units: $1,403,400
    Have a first lien mortgage that was originated on or before January 1, 2009.
    Have a monthly mortgage payment (including taxes, insurance, and home owners association dues) greater than 31% of your monthly gross (pre-tax) income.
    Have a mortgage payment that is not affordable due to a financial hardship that can be documented.
    Your home basically has to be your primary residence, so this would exclude vacation homes. If you do not qualify for HAMP, your loan servicer may have other loan modification options that are not as strict in eligiblity.

  75. Painhrtz - Oooh a Donut! says:

    JSMC welcome taxes are low in fairfield due to all of the businesses in town. At that price it is either in the flood zone since about 90% of the town ends up under water in 100 year floods or was surrounded on its own little island and there was no escape for the residents. I would say flooding. check the USGS flood plain maps for Fairfield then see if their are any images or postings for that road being underwater lst year via google search.

  76. 3B says:

    #76 Pain: Thanks I will get that too. This is what I will be spending my Father’s day doing. If I don’t get cracking I will be living in a VW Passat!!!

  77. The Original NJ Expat says:

    Is there a law against transporting Taylor Ham across NJ state lines?

  78. JJ says:

    Interesting I was reading the Hamp Requirements. Pretty much it is for people who overpaid for homes, foolishly took out too big a mortgage and/or make a low income so mortgage payment is in excess of 31% of income.

    Yet I heard three people recently bragging about how they snagged a super low rate on a HAMP loan. Well you just told me, not only did you overpay for home but you have a crappy job. Judging from public info and requirments it cant be more than 31% of your income I can back into your annual income.

    Amazing someone I know who bought their house in 1999 and has only two kids and husband and wife both work full time just got a hamp loan, how is that even possible. I asked them and they said they home equitied home out for improvments and then their bonuses and rises went by by shortly afterwards.

    Dont these nuts realize that the Hamp does not correct their three main issues which are they overpaid for house, have little equity in house and have junky jobs. I think people should brag they dont qualify for Hamp

  79. Fast Eddie says:

    Expat [80],

    It depends, is Taylor Ham her real name or p0rn name?

  80. Painhrtz - Oooh a Donut! says:

    As long as you relabel it as pork roll when entering Pennsyltucky you should be OK

  81. JJ says:

    The law was changed in 2009 so the Jets could import that Ham named Jayson Taylor from Florida.

    The Egg cart on the corner of Broad and Wall right by the George Washington Statue has Taylor Ham and he picks it up from NJ every morning and the Jets/Giants have a Taylor Ham stand.

    The Original NJ Expat says:
    June 15, 2012 at 11:16 am
    Is there a law against transporting Taylor Ham across NJ state lines?

  82. seif says:

    76 illegal immigrants vote? since when?

  83. Fast Eddie says:

    JSMC [74],

    Schedule an appointment with a realtor and go and see the house. Ask the realtor to give you the complete lowdown on the house, whether it’s a flood zone, if there’s a mosquito assault going on, grizzly bear attacks, etc. That’s the only was you’re going to get the complete picture.

  84. Bystander says:

    More than the Almighty, I wish Mrs. JJ cpuld join this blog if just for a day.

  85. Fast Eddie says:

    seif [85],

    The democrats’ mantra is vote early, vote often. That goes for both living and dead voters. If they can make that happen, they can make anything happen.

  86. The Original NJ Expat says:

    [85] Seif – Flip over your work permit. Your Democrat voter ID is on the other side.

    76 illegal immigrants vote? since when?

  87. seif says:

    88 – show me the data on voter fraud. there have been several issues with repubs and voter issues this year alone…show me the voter fraud data (factual) that you are talking about.

    here is a guy that was actually running for the republican presidential nomination earlier this year. he had to drop out of his own local race now because of…..voter fraud:

    “This week, it came to light that the vast majority of the 1,830 signatures were duplicated, some with the dates changed.”

    http://www.freep.com/article/20120603/NEWS15/206030579/U-S-Rep-Thaddeus-McCotter-drops-out-of-race

  88. JSMC says:

    #78, Thanks! Didn’t take long, found the reason it was so cheap…

    http://www.youtube.com/watch?v=twaWVLNOIyo

    They should include a canoe with the down payment, lol.

  89. The Original NJ Expat says:

    I think she already is. I think JJ actually is a LI housewife. She spends half her day posting, howling with laughter at her ruse, and polishes off one of the big bottles of Chardonnay each afternoon. At 5:30 she checks out and puts the Mac and Cheese on the stove.

    More than the Almighty, I wish Mrs. JJ cpuld join this blog if just for a day.

  90. JJ says:

    Really, women bloggers? Whats next A women president?

    Bystander says:
    June 15, 2012 at 11:26 am

    More than the Almighty, I wish Mrs. JJ cpuld join this blog if just for a day.

  91. Anon E. Moose says:

    JSMC [91];

    I bet the listing says “Completely renovated basement and ground floor!”

  92. Painhrtz - Oooh a Donut! says:

    Fast Eddie you expect a listing agent to be truthful with a prospective buyer? Do you also believe that politicians are honest and a jolly old elf delivers presents based on children’s karma points?

  93. Brian says:

    81 –
    I overpaid for my house, have a crappy underpaid job, etc. but the Credit Union did not participate in HAMP or HARP. They let me refi underwater without having to pay PMI but I still had to pay closing costs and only got a crappy 5.5% rate. I guess I should have gone with one of those too big to fail mean evil banks. I’m jealous of the perks you guys are getting. Oh well. I’m only like 10k underwater now since I’ve been prepaying and made improvements to the house (guessing by looking at trulia and zillow). I’ll just have to be my own stimulus/bailout plan.

    It would have been nice to have a fcuking pony though. I’ll would even settle for donkeyface Sarah Jessica Parker given the chance.

    http://i0.kym-cdn.com/photos/images/original/000/127/391/141.jpg?1306468586

  94. Shore Guy says:

    “Theoretically, on a clear day, I could see Berlin.”

    Well, with height variance, I bet you could at least see the Azores.

  95. Shore Guy says:

    Used to be good jobs but now offshored:

    Manufacturing? Check!

    Engineering? Check!

    Law? Check!

    http://www.abajournal.com/news/article/more_tha_50_have_now_applied_for_10000-a-year_boston_law_firm_associate_job/?utm_source=maestro&utm_medium=email&utm_campaign=weekly_email

    More Than 50 Would-Be Associates Have Now Applied for $10,000-a-Year Boston Law Firm Job

    Partner Larry O’Bryan understands that the $10,000 a year his small Boston law firm wants to pay a new associate isn’t a big enough salary for most new law graduates to live on, since many have hefty student loans.

    snip

    For some associates, that meant a switch to a job in government or another law firm, once they learn how to handle the civil matters that individuals bring to them. In his own case, the job resulted in a partnership at Gilbert & O’Bryan.

    “If someone sticks with us, they may be a partner someday too,” he says, and it’s expected that an associate may leave after a year or two if a better opportunity arises.

    “We’re very proud when our associates move on to other law firms or government positions,” he says, noting that more than 20 associates have done so.

    Meanwhile, being able to pay a new associate at this low level for the first year makes it possible for the two-attorney firm to afford to hire and train an inexperienced lawyer to help with its work, he points out. “Small firms and sole practitioners are struggling in this economy as well.”

    snip

    So far, the firm has received more than 50 applications for the job, O’Bryan says. While it may be impossible for a recent graduate to live on the salary, the job can be a good fit for someone, say, who is married with a working spouse and looking for a chance to reenter the legal profession without any recent experience.

    The job is in compliance with wage and hour laws, he says, because there is a professional exception to the minimum wage requirement. Statutory benefits are provided and required deductions are made from the associate’s pay.

    snip

  96. Painhrtz - Oooh a Donut! says:

    The role sarah jessica parker should have won an oscar for based on the realism of her portrayal. Though I would assume that she did not stray far from type

    need to scroll down for image of SJP

    http://www.scifitv.com.au/Blog/2011/07/whats-on-this-week-july-4-10-movies/

  97. JJ says:

    At least you are not fat, over 50, job hunting and double bagging your spanx to look good.

    Brian says:
    June 15, 2012 at 11:50 am

    81 –
    I overpaid for my house, have a crappy underpaid job, etc. but the Credit Union did not participate in HAMP or HARP. They let me refi underwater without having to pay PMI but I still had to pay closing costs and only got a crappy 5.5% rate. I guess I should have gone with one of those too big to fail mean evil banks. I’m jealous of the perks you guys are getting. Oh well. I’m only like 10k underwater now since I’ve been prepaying and made improvements to the house (guessing by looking at trulia and zillow). I’ll just have to be my own stimulus/bailout plan.

  98. yo says:

    Did you check who owns your mortgage?Most of the time,they only service your mortgage and it is owned by one of the GSE’s

    Brian says:
    June 15, 2012 at 11:50 am

    81 –
    I overpaid for my house, have a crappy underpaid job, etc. but the Credit Union did not participate in HAMP or HARP. They let me refi underwater without having to pay PMI but I still had to pay closing costs and only got a crappy 5.5% rate. I guess I should have gone with one of those too big to fail mean evil banks. I’m jealous of the perks you guys are getting. Oh well. I’m only like 10k underwater now since I’ve been prepaying and made improvements to the house (guessing by looking at trulia and zillow). I’ll just have to be my own stimulus/bailout plan.

  99. Brian says:

    Yes. They did not sell my mortgage. They still own and service it.

    101.yo says:
    June 15, 2012 at 12:08 pm
    Did you check who owns your mortgage?Most of the time,they only service your mortgage and it is owned by one of the GSE’s

  100. POS cape says:

    100 JJ:

    “double bagging your spanx…”

    made my afternoon

  101. chicagofinance says:

    Brian says:
    June 15, 2012 at 10:29 am
    With that horseface, I wonder if Sarah Jessica Parker is actually part donkey.
    http://celebrities.ninemsn.com.au/blog.aspx?blogentryid=636148&showcomments=true

  102. Mikeinwaiting says:

    Got to have some big balls to go long over this weekend, of course JJ will have no problem should he choose to do so.

  103. Mikeinwaiting says:

    Brain , Chi Fi SJP is one scary looking gal.

  104. JJ says:

    Not going too long this weekend. But a few of my TBTF TRuPs bank prefs paid interest today!! Got some spending money for weekend. We are know Countrywide bonds are cash equivalents backed by Uncle Sam.

    Athough my favorite bond I bought in crisis was Reaology. I have no clue how that firm did not go BK nor how it keeps paying bonds with coupon rates like this. REALOGY CORP SR SUB 12.37500% 04/15/2015, Damm bond was going for peanuts in late 2008 and it continues on with a 12.375% coupon. It is a mystery company. Too scared to buy Realogy as it looks like a ponzi scheme, I will keep my bond I bought three years ago though. How does Realogy make enough to pay that much interst.

    06/15/2012 INTEREST
    NORTH FORK CAP TR II CAP TR PSTH 8.00000% 12/15/2027
    Amount: $1,400.00
    06/15/2012 INTEREST
    BANKAMERICA CAP II INCME PFD 8.00000% 12/15/2026
    Amount: $920.00
    06/15/2012 INTEREST
    COUNTRYWIDE CAP III SB CAP-B 8.05000% 06/15/2027
    Amount: $563.50

  105. yo says:

    They will hold the last payment of my current mortgage and I will not have to pay the first month of the new mortgage.If they are not deducting that amount from the loan principal,am I not paying for it?It will be carried over one month more to the end of the loan.It is not really a no cost closing.

    AG says:
    June 15, 2012 at 10:28 am
    Y0,
    I just closed on the WF HARP 15 year. You actually got an 1/8 better than me. It’s really that simple. They didn’t even want me to go on the mortgage. They specifically said don’t make anymore prepayments though because it may disqualify you from the HARP. No closing costs is for me.

  106. A.West says:

    Shore,
    So the government will hold a doctor 60% responsible for a guy who gets a heart attack during a 3 way. Yet Barney’s Frank pulls a 3 way with Fannie and Freddie, in the midst of a too big to fail orgyyy, and nobody in government is charged with wrecking the financial system. Barney promises to continue regulating them good and hard.

  107. JJ says:

    That is a lie, we all know Barney Frank only gets it one way!

    A.West says:
    June 15, 2012 at 2:57 pm

    Shore,
    So the government will hold a doctor 60% responsible for a guy who gets a heart attack during a 3 way. Yet Barney’s Frank pulls a 3 way with Fannie and Freddie, in the midst of a too big to fail orgyyy, and nobody in government is charged with wrecking the financial system. Barney promises to continue regulating them good and hard.

  108. Captain Sunshine says:

    Gary, AKA Fast Eddie, the great thing about the great recession is that we’ve got nowhere to go but up from here!

    Have a happy Father’s day everyone!

  109. Anon E. Moose says:

    A. West [112];

    Don’t imagine that the process matters, just look at the result.

    In many states that practice comparative negligence, if a party is more than 50% liable, then they are joint and severally liable of the entire damages bill, not just their portion (i.e., if they would have been 40% liable for $3m in damages, they owe $1.2M; if they are 60% liable for $3m, they owe it all.)

    As I read it, this was just a case where the jury felt sorry for the widow (who, ironically, would probably be far worse off with a live, philandering cop for a husband whether she cashes in here or not) and picked a number (>50%) that made sure she got the money they were convinced to give her.

    And, in the end, the court will reduce the amount of the damages to something that the docs’ medical malpractice insurer is willing to settle for, because that’s much more palatable to the public than to set a precedent that the court will routinely call no joy on a jury that’s off their rocker, which they clearly were here.

  110. JJ says:

    I took a long lunch today and had a great time. That was my fathers day present to myself. Now for long weekend of ties, school projects and chores on Saturday to get ready for Sunday. My biggest pet peeve about Fathers day which every man shares is this, My father in law is not my father, why the heck do I need to go over there.

    Best place to go hands down in my life on fathers day was in my 20s Bordy Barn. Daughters who would rather spend the day getting drunk as a skunk rather than being with their father are definitiely ripe for the picking.

    Captain Sunshine says:
    June 15, 2012 at 3:18 pm

    Gary, AKA Fast Eddie, the great thing about the great recession is that we’ve got nowhere to go but up from here!

    Have a happy Father’s day everyone!

  111. So this broad who was on S*x and the City says Bojangles is the bees’ knees? I say when it’s time for the ultra-violence, she gets the same treatment as when Saddam walked into the Iraqi parliament and started having legislators removed and stood against a wall.

    That show sucked, too.

  112. All I want for Fathers Day is for everyone to leave me the f*ck alone.

  113. All Hype says:

    Look at the algos pump those markets today. Woohoo!

    We should start betting on the size of QE3. What shall we make the over/under? 750 billion?

  114. All Hype says:

    Hey Clot:

    You going to still-looking’s place tomorrow or will you be cleaning your AR-15 collection instead?

  115. 3B says:

    #20 And how low do mtg rates go?

  116. Anon E. Moose says:

    3B [121];

    I was just quoted 3-5/8% 30y FRM yesterday.

  117. 3B says:

    #23 Anon: Great Rate!!! You could very well end up with a 30 yr FRM at 3% the way things are going. Things are so bad they are good.

  118. JJ says:

    can you do hamp multiple times? Just wondering.

  119. Comrade Nom Deplume says:

    Just had to google it to see if JJ established another entry to the urban dictionary. Double bagging your spanx isn’t original but it’s damn close.

  120. Comrade Nom Deplume says:

    In fact, “JJ” should be an entry in urban dictionary.

    Oh wait . . . .

    http://www.urbandictionary.com/define.php?term=jj

    I know JJ will opt for No. 1, but No. 2 seems to fit.

  121. hype (120)-

    Slinging wine and dreaming of retribution.

  122. Anything Sarah Jessica donkeyface says, you should do the opposite. She’s no more than a paid propaganda shill for the enemy.

  123. 3b (121)-

    How low did mortgage rates go in Weimar?

  124. JJ says:

    Here is an interesting thought, Hamp people have very little cash in bonds or stocks. For instance just today you would have to add these gains onto your rate.
    Anyhow if mortgage is 3% and to date average stock funds are up 6% you really are paying 9%. The rate plus lost opportunity cost.

    Stocks post second week of gains ahead of Greek elections. Dow gains 1.5%, S&P adds 1%, Nasdaq jumps 3.5%.

  125. JJ says:

    I heard old donkey face Sarah Jessical Parket is the spokesperson for this company, I wonder why

    http://www.ass.com.au/

  126. 3B says:

    #30 New: Speaking of Weimar, is it not ironic that Germany after deing defeated in two world wars, will now dominate Europe for years to come.

  127. A.West says:

    I googled it and apparently some house stagers proudly advertise their house fluffing abilities.

  128. juice (130)-

    I think that reporter just got a surveillance drone parked over his house.

  129. west (134)-

    I sure wish somebody would blow (up) my house.

  130. Guess I’ll have to do it myself.

    Good help is so hard to find these days.;

  131. JJ says:

    Well everyone enjoy the weekend. I usually lay low on fathers day as you never know.

  132. Juice Box says:

    If you ask questions you are a wacist. This is going to be one hell of an election season.

    http://dailycaller.com/2012/06/15/cummings-racism-has-something-to-do-with-obama-interruption/

  133. Yeah, because opening up labor markets to illegal youth- when the US already has a sky-high youth unemployment rate- is such a noble, altruistic thing to do.

    Again, anyone who thinks TPTB is not at war with us is basically functioning with no more than a brain stem.

  134. Round up the goddam illegals, and make them pay their own way back.

    And, make them swim the Rio Grande to get there.

  135. AG says:

    Meat,

    Election year politics. This Kenyan b_stard and his baboon faced wife make me ill. Id love to disect the upper jaw out of Michelles face with a hammer.

  136. AG says:

    133,

    Reminds me of the movie “Enemy on the gates.” Those Germans sure are persistent. Its all going to sh_t. This I promise you. The game changer is those who can preserve capital to take advantage after the great reset. Leases BMW’s. Not impressed. When you are rich act poor. Get ready to pounce.

  137. Shore Guy says:

    AG,

    I dislike B.O and his policies as much, or more than, the next guy but, really, that is over the top and uncalled for.

  138. Mikeinwaiting says:

    140-144 It’s getting ugly out there, Meat is right AG is venting frustration & Shore is in agreement to a point with PC holding him back. “O” played the sheep now we must get him out, unfortunately are choices are limited. Shore F**ken run already, we have little time to right the ship. I weep not for myself but for my children.

  139. chicagofinance says:

    From WSJ Opinion Noonan….

    There’s something in the leaks that is a hallmark of the Obama White House. They always misunderstand the country they seek to spin, and they always think less of it than it deserves. Why do the president’s appointees think the picture of him with a kill list in his hand makes him look good? He sits and personally decides who to kill? Americans don’t think of their presidents like that. And they don’t want to.

    National security doesn’t exist to help presidents win elections. It’s not a plaything or a tool to advance one’s prospects.

    After the killing of bin Laden, members of the administration, in a spirit of triumphalism, began giving briefings and interviews in which they said too much. One of the adults in the administration, then-Defense Secretary Robert Gates, reportedly went to Mr. Donilon’s office. “I have a new strategic communications approach to recommend,” he said. What? asked Mr. Donilon.

    “Shut the [blank] up,” Mr. Gates said.

    Still excellent advice, and at this point more urgently needed.

  140. AG says:

    Shore,

    You are politcally correct. I am not. Thats exactly how I feel. There are millions of Americans that feel exactly like I do.

    Take the pussified BS next door. You know whats coming.

  141. The Original NJ ExPat says:

    [141] Meat – Let’s be humane and frugal. Any illegals without papers are just assumed to be Afghan Nationals. We have lots of C-141’s going there anyway, let’s just give them a free lift back to their homeland and call it even. Lots of landscaping jobs there, right?

    Round up the goddam illegals, and make them pay their own way back.

    And, make them swim the Rio Grande to get there.

  142. My Homepage says:

    So funcy to see the article within this blog. Thank you for posting it 309547

  143. Mikeinwaiting says:

    Like I said a polarized populace encompassing even those who fundamentally agree , ugly. The wheels are comilg off, Meat may not be so far fetched lock & load.

  144. Mikeinwaiting says:

    How did that get past spell check.

  145. freedy says:

    Today is party day in Dover, Passaic,Hackestown, Garfield,Lodi,Clifton,Camden,Trenton,Paterson

    It goes on and on. Monday will be busy at the Welfare office

  146. Fast Eddie says:

    grim, unmod me.

  147. Shore Guy says:

    I’ll give you two goats and some feta cheese for two front tires and 1 kg of olives for a lube job:

    http://worldnews.msnbc.msn.com/_news/2012/06/15/12234560-people-need-some-way-out-bartering-takes-hold-in-austerity-wracked-greece?lite

  148. Mike says:

    3 Banks Closed by Regulators in Florida, Georgia and Tennessee

  149. freedy says:

    http://www.nj.com/news/index.ssf/2012/06/nj_parents_would_have_to_go_th.html

    Pay attention Trenton knows best for you parents out their

  150. freedy says:

    http://statehousesteps.com/tropicana-union-workers-arrested-at-protest/

    and they wonder why Atlantic City is going down the tubes

  151. Shore Guy says:

    “You are politcally correct. I am not.”
    AG,

    No, I am not. I just exhibit a basic decency that seems to be missing in much of our current political discourse. Has Obama been an utter disaster? Yes, he has; however, I believe in fighting political battles on policy grounds, not advocating violence against either opposition politicians or their family members. I think Obama is a first class schmuck. That said, your statement that you would “love to disect the upper jaw out of Michelles face with a hammer” is beyond the pale. China is our enemy. The Taliban is our enemy. And we have a host of real enemies. As misguided as Democrats are on myriad political issues, they are not my enemies and I do not wish that anyone “disect the upper jaw ” of any of them. Now, prison for the likes of Rangle, etc., you bet.

  152. Comrade Nom Deplume says:

    We need a little politically motivated violence to drive the point home. Or a new external enemy.

  153. Comrade Nom Deplume says:

    [159] shore,

    As much as I side with you, the idea that the left is not the enemy is a bit naive. They see us as the enemy and would legislate away that we hold dear if they could.

  154. chicagofinance says:

    Why do you have these opinions?

    Shore Guy says:
    June 16, 2012 at 10:40 am
    Has Obama been an utter disaster? Yes, he has;
    I think Obama is a first class schmuck.

  155. joyce says:

    161

    Boehner, Ryan, McCain, Romney, etc are also your enemy

    besides fcuking with the tax code that may personally help you, nothing of what congress, the president, court does helps any of us

  156. toomuchchange says:

    If we look upon people who disagree with us as enemies and not fellow Americans to be cherished, dearly loved and cared for when necessary no matter what, we are sunk.

    Our unity is our strength.

    Look at the motives of those who tell us to hate the other, to think of those who agree with you as patriots and those who don’t as traitors or un-American or too stupid to have a valid opinion and you will see that those who promote such ideas don’t have our interests at heart.

  157. buy sustanon says:

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  158. Shore Guy says:

    “They see us as the enemy and would legislate away that we hold dear if they could.”

    Their policies are reckless, harmful, and dangerous to the future of the republic; however, the people who are proposing their failed policies and driving the country into the ground are not looking to kill us. We would be far better off if we who are right of center would treat the folks onthe other side with dignity and respect and hammered their intellectually-weak ideas with logic and persuasion. Instead, we have folks on both sides stooping further and further into the muck causing huge proportions of the public to believe that there is no difference between the correctness of the two sides’ proposals.

    Further, those of us who are right of center need to be willing to call out the true loonies on our side, just as we do the loonies on the left.

  159. Shore Guy says:

    “besides fcuking with the tax code that may personally help you, nothing of what congress, the president, court does helps any of us”

    I don’t care if what congress does with the tax code hurts me, just as long as everyone is treated the same. Right now, those of us who have cobbled together a decent income are looked at like a source of blood for a vampire: “You have enough, give some to us.”

    I also do not subscribe to your assessment that neither congress, nor the executive, nor the judiciary help any of us. I have deep concerns with the actions taken by various congresses and the executive branch but, I have seen both institutions do a host of good. As for the courts, by and large, they do an excellent job; especially considering how both left and right try to manipulate appointments and leave many seats unfilled.

  160. Shore Guy says:

    “Why do you have these opinions?”

    I have had an opportunity to observe his administration’s management of the executive agencies that do the work of the executive branch and my assessment is that they have been run very poorly. Also, his budgetary priorities, in my opinion, are taking us down the wrong path. Further, his misjudgment in not declaring victory and leaving when we got UBL will come back to haunt the US. It was a miscalculation of epic scale, and we are seeing some of the fruits of that miscalculation in Pakistan today.

  161. Brian says:

    Unpucker your butts and enjoy the weekend.

    B

  162. Comrade Nom Deplume says:

    [166] shore,

    Some would feel no remorse if we were to succumb to angry mobs. Others would gladly join the mobs.

    They may be on the fringe but they are real. And they mean us harm if they are to be believed. Bluster or not, I’ll keep the powder dry regardless.

  163. Shore Guy says:

    “Others would gladly join the mobs”

    Faced with an angry mob, one does what one needs to. That said, the last time we stopped talking and trying to work through problemsabout 625,000 of us died. That time, the North was spared most of the adverse effects. The next time, if the conflict is class based, nobody will be spared — think Petrograd 1917 and the Whites v the Reds after that.

    Quite frankly, I’d rather we talk out our policy differences.

  164. AG says:

    Shore,

    You are a decent guy. I agree. You fail to understand who financed/created these evil entities you talk about. Why must we always have an enemy? Profits and deep down you know this.

    Eisenhower warned us. No one listened. I am sick to death of the propaganda. My favorite TV channel is 101. The weather channel with the radar and music. Its the only one that doesnt piss me off.

  165. AG says:

    163,

    Joyce,

    Once again you speak nothing but the truth.

  166. AG says:

    166.

    Shore,

    Compromise over the last 80 years has failed totally. We are now at the breaking point. Those who fail to see the conspiracy are never going to understand whats going on.

    In the end the people will win. They always do. Its cyclical. That being said many will lose all of their wealth and perhaps their lives.

    Mitt Romney is going to win the election. He was at Chantilly VA 2 weeks ago. Barry was not. Take notice how Barry is systematically dismantled via the media over the next few months.

    Romney is the same as Bush/Clinton/Obama. Nothing will change. The policies will continue.

  167. Shore Guy says:

    “Nothing will change. The policies will continue.”

    Sadly, you are quite likely correct.

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