From Bloomberg:
New York Beats London as Top Spot for Real-Estate Investment
New York overtook London as the No. 1 destination for real-estate investment for the first time since 2007 after improved access to financing spurred more U.S. deals, Cushman & Wakefield Inc. said in a report today.
Investments grew 166 percent to $29.7 billion in the New York area in the 12 months through August, compared with a year earlier. Investment in greater London increased 2.4 percent to $27.2 billion, according to the report based on data compiled by the New York-based broker and Real Capital Analytics Inc.
Buyers are drawn to cities like New York and London because of a greater focus on the “biggest and best,” Cushman said in the report. The trend will continue in the next six months, it said.
Outside of the U.S. real estate lending tends to be tighter and is still “very focused on prime, leased assets only,” Cushman said in the report.
Chicago, New York, Boston and Atlanta made up four of the five fastest growing property investment markets by volume, the report said. Frankfurt and Germany’s Rhine-Main area ranked fourth, with growth of 126 percent.
From Reuters:
Americans want to buy homes but in no hurry: study
Recovery will elude the troubled U.S. housing market in the near-term as stringent standards to qualify for mortgages and a lack of jobs discourage Americans from buying homes, a survey showed on Tuesday.
The Hanley Wood’s maiden survey of homeowners and renters found no sense of urgency among Americans to buy a home even though they still believed in homeownership and the importance of the housing market to the economy.
“We thought people would be soured after watching home values fall, but instead we found the typical American still places high value on homeownership,” said Frank Anton, chief executive officer of Hanley Wood, a media and data research company.
The survey covered about 3,000 homeowners and renters and was conducted in the final week of June. More than 68 percent of respondents believed now was a good time to buy a house.
One in five homeowners and a third of renters would like to buy a house over the next two years.
Good Morning New Jersey
From Bloomberg:
U.S. Can Rent Its Way Toward a Housing Recovery: Peter Orszag
No matter what the government might try to do to break the housing-economy cycle, the deleveraging process will still be painful and take some time. But that’s not an argument against action; just because a headache can still hurt some even if you take aspirin doesn’t mean you should skip the aspirin. One thing the Obama administration could do now — probably with Republican support — would be to attack the oversupply of housing stock by allowing a tax write-off for investors who buy empty properties and rent them out.
To understand why this would help, consider that the problems in the residential real-estate sector have two dimensions. First, we have an excess supply of owner- occupied housing, which puts downward pressure on prices. Second, millions of American households now have negative equity in their homes. Dealing with excess inventory by shifting vacant properties into the rental market would help to stabilize prices and thereby mitigate, to some degree, the negative-equity issue — although additional action would also be warranted to attack such “underwater” situations. (A future column will discuss possible responses.)
It’s normal to have some vacant homes for sale as part of the market process that matches buyers with sellers. On average during the 1990s, for example, the home vacancy rate was about 1.5 percent, according to the Census Bureau. By 2008, the figure had risen to 2.9 percent. And by the second quarter of this year, the vacancy rate had come down only slightly, to about 2.5 percent. With this much supply still available, it’s no wonder that prices are still depressed.
…
One way to bolster demand would be to change our immigration laws to make it easier for foreigners to move here and buy homes. That might be a good idea, but it has no chance of being enacted soon. Former Federal Reserve Chairman Alan Greenspan once highlighted a different idea, focused on supply instead of demand: Get the government to buy the excess vacant houses and destroy them. He argued that could be the lowest-cost approach to mitigating a housing-driven decline — but also noted that it would be politically inconceivable.
Former Federal Reserve Chairman Alan Greenspan once highlighted a different idea, focused on supply instead of demand: Get the government to buy the excess vacant houses and destroy them.
Get the Taxpayers to buy houses & destroy them? What an idiot!
Making Empty Homes Less Inviting to the Uninvited
LONDON — Arriving at his supposedly empty rental property just outside London recently, Sam Chima, a housing lawyer, was dismayed to find a newly installed lock on the front door and a newly installed stranger glaring from a window.
“Who are you?” Mr. Chima asked.
“I live here,” the man declared. “I have a tenancy agreement with the landlord.”
This was not true — Mr. Chima is the landlord — and it provoked several minutes of noisy obscenity-laced exchanges of the “No, you don’t!” and “Yes, I do!” variety. And because the stranger, who had sneaked in after Mr. Chima’s most recent tenants moved out, refused to open the door, Mr. Chima was not legally allowed to enter, he said. He eventually had to go to court to reclaim the property.
Britain does not compile statistics on how many buildings are being occupied by squatters. But with a number of high-profile London cases in the news lately, like one where a pair of nurses returned from vacation to “discover their New Southgate home had been taken over by Romanians,” as The Evening Standard put it, the government has promised to tighten anti-squatting laws to make it easier for property owners to evict uninvited tenants.
More at: http://www.nytimes.com/2011/10/05/world/europe/britain-plans-to-tighten-anti-squatter-laws.html?_r=1&hp
Gluteus-
Just in case you look at things upside down, the Magpies are in a Champions League spot and Gooners are two points off the drop zone.
http://soccernet.espn.go.com/tables/_/league/eng.1/barclays-premier-league?cc=5901
Fat Frank and the old, slow Chelsea wankers can’t stay on the field with us.
Will admit the Man U fixture is a bit problematic.
#1 grim: as stringent standards to qualify for mortgages and a lack of jobs discourage Americans from buying homes, a survey showed on Tuesday.
What about FHA??
#3 One way to bolster demand would be to change our immigration laws to make it easier for foreigners to move here and buy homes
So just like that??So they will just come her and buy homes? What about getting jobs and all the rest. Do the people that write these articles ever actually really read them and think about them before they are published?
I’d say abolish FIRPTA but that had zero chance of happening. No one wants to give a tax break to foreigners, especially one that would also encourage expatriation as a byproduct.
The End is Nigh (HFCS & Pre-packaged Crap Edition):
Look at the All-Star List of gruel chuckers at the end…..
Friendly Ice Cream Chain Files for Bankruptcy
Friendly Ice Cream Corp., the 76- year-old restaurant chain known for its ice cream and burgers, sought bankruptcy protection from creditors four years after being bought by private-equity firm Sun Capital Partners Inc.
The company, which opened at the height of the Great Depression and grew from a single shop in Springfield, Massachusetts, plans a sale with Sun Capital as the lead bidder, according to papers filed in U.S. Bankruptcy Court in Wilmington, Delaware.
Restaurant Filings
The chain joins other restaurants that have filed for bankruptcy in the past three years amid an economic slump, including Perkins & Marie Callender’s, operator of full-service restaurants; Sbarro Inc., operator of more than 1,000 pizza restaurants; and Bennigan’s and Steak & Ale, both owned by Metromedia Restaurant Group.
The Souper Salad and Grandy’s brands, owned by affiliates of Summit Investment Management Inc. and Sun Capital, filed for Chapter 11 in September.
Sun Capital, based in Boca Raton, Florida, owns several other restaurants including Boston Market, Captain D’s Seafood Kitchen, Fazoli’s Restaurants, Smokey Bones Bar & Fire Grill and Real Mex Restaurants, according to its website. Real Mex and its affiliates Chevys, El Torito and Acapulco, filed for bankruptcy yesterday in the same court.
(5) hoodafa,
That is a big problem here as well, especially in pro tenant states like Mass. I have had to advise on these matters when I had a small L&T practice.
I was actually pretty good at getting deadbeats out quickly, or keeping deserving tenants from getting railroaded. No money in it but it was fun work.
Before I became a lawyer I would say hire some goons, but the attorney in me says don’t do that. Capisce?
(11) chifi,
I know the food sucked, but as a Bay Stater, I am a bit sad about that development. When you were traveling with children, friendly’s could be a port in a storm sometimes.
Friendlys made a huge fortune for original owner. Guy sold it in an IPO when he was already old back in late 1999 early 2000 at the peak. Around three years later when market crashed guy was already old bought it back at 30 cents on a dollar. Then four years ago at market peak he sold it to private equity at peak. If the old SOB is alive today he could once again buy it back at 30 cents on a dollar.
back in the day that was Cowen and Co.s biggest IPO of year. sadly they peddled it heavy on their own clients and a bk on an IPO in three years time is horrible.
chicagofinance says:
October 5, 2011 at 8:40 am
The End is Nigh (HFCS & Pre-packaged Crap Edition):
Look at the All-Star List of gruel chuckers at the end…..
Friendly Ice Cream Chain Files for Bankruptcy
The chains are absolutely dreadful. I flat out refuse to go to them. I’d rather sit in the car in a parking lot and let the family go in if they want rather than subject myself to pig slop. A platter of french fries drenched in melted cheeze whiz and a side order of salt water @ $12 a head is 99% of every menu in these fat slob factories. I’ll take a good diner that makes it’s own salads and stuff or a well-established Mom and Pop place but that’s about it.
#5 – Very hard to evict in London. My uncle owns a bunch of rentals there and at one time he was renting to an old spinster, a nice rental house. He wanted to renovate it and live there in retirement. It was bigger, had a large yard that backed up to a park and was all around more upscale than the home he was living in. Well he went to evict and the city would not let him. He had to wait until she died a few years later. Funny thing about the Brits they do love their gardening. The little old spinster had managed to acquires hundreds of potted plants, some well over 1oo lbs. I was by the house when they were cleaning it out. Never seen so many potted plants in one place inside and outside a house.
Not fair they can use tents in Boston.
http://img.timeinc.net/time/photoessays/2011/occupy_wallstreet_1004/occupy_wallstreet_1004_02.jpg
re #10 – Nom – “tax breaks to Foreigners”
They don’t want tax breaks right now, they want their capital back.
Hundreds of billions in Foreign Capital is leaving the US again.
http://research.stlouisfed.org/fred2/graph/?s%5B1%5D%5Bid%5D=BOPI
(17) juice,
Trying to figure out where that is. I think it is the Common, but hard to tell.
They can stay there all winter and no one would care, or even notice.
(18) juice
You forgot to say “unexpected”
The foreigners don’t want to move capital here, they just want vacation homes. The only wealthy trying to get in and get passports are Chinese nouveau riche or suddenly wealthy corrupt officials that face a very real threat of populist seizure, especially those sheltering corrupt gains.
Bit of irony there, actually.
It is an 11 not a 7……basically the PE firm are a bunch of hacks…BTW that PE firm is first on the bk bidding…..
Comrade Nom Deplume says:
October 5, 2011 at 8:47 am
11) chifi, I know the food sucked, but as a Bay Stater, I am a bit sad about that development. When you were traveling with children, friendly’s could be a port in a storm sometimes.
Re: [3];
Former Federal Reserve Chairman Alan Greenspan once highlighted a different idea, focused on supply instead of demand: Get the government to buy the excess vacant houses and destroy them. He argued that could be the lowest-cost approach to mitigating a housing-driven decline — but also noted that it would be politically inconceivable.
INCONCEIVABLE!
You keep using that word. I do not think it means what you think it means.
re #12 – Nom
You ain’t kiddin’ about Mass being pro-tenant. As we were shopping for a place to buy our landlords tried to evict us. We moved in as an unmarried couple three years earlier, got married during the interim and were expecting our first child. They didn’t renew our lease expecting that would chase us. I knew that turned our tenancy into a month-to-month, they didn’t get that. Paid Sept rent, they sent my check back to me. Paid them double rent in Oct, they held the check (didn’t deposit) and filed for eviction. I went Pro Se and counter-sued, filing for discovery, including all financials. By the end of October they had already given me my deposit back ( or they were on the hook for triple, as they comingled) and when we moved out Nov 1st they gave us back our Sept and Oct rent plus $2K walking money.
Oh, and I showed the other tenants how to write demand letters and get their deposits back even as they still rented there. I bet they wish they took my offer of 6 months up front rent and we would be out by Feb before the baby arrived. I made their attorney hold the $2K walking money in his escrow account so it would be on him if we didn’t get paid. Also, their lawyer was such a nice guy to negotiate with that I used him as my attorney for our RE closing the following May.
I’m not even a lawyer, just an engineer with internet access, practically the same thing, right?
“stringent standards to qualify for mortgages and a lack of jobs discourage Americans from buying homes”
Is it wrong to think that people who cannot meet reasonable mortgage-qualification standards or don’t have a job or stable job should not be taking on mortgage debt?
Moose,
Maybe a little iocane is in order?
From the Land of Make Believe:
(AP) WASHINGTON –Senate Democrats are scrambling to rewrite portions of President Barack Obama’s jobs bill, even as Obama tries to blame Republicans for Congress’ failure to act.
Senate Republican leader Mitch McConnell moved to call the president’s bluff Tuesday by pushing for a quick Senate vote on the bill, but Democratic leader Harry Reid derailed the effort as all sides maneuvered for position in a potentially defining battle in the 2012 presidential campaign.
In the Senate, Democrats made plans to jettison provisions that Obama recommended to pay for the $447 billion jobs bill, substituting them with a tax increase on millionaires, officials said.
snip
McConnell said he was ready for an immediate vote on the bill, even though he opposes it. Reading aloud on the Senate floor from a copy of Obama’s speech, he said, “I do think the president makes an important point that he is entitled to a vote.”
The request was blocked by Reid, who called it a “political stunt” and said he would make sure the bill comes to the floor this month. Aboard Air Force One, White House press secretary Jay Carney accused Republicans of gamesmanship
snip
http://www.cbsnews.com/stories/2011/10/05/politics/main20115909.shtml
So, let me get this straight.
1)The Empty Suit in Chief wants a vote right away.
2)The Republican leader now agrees.
3)The Democratic leader refuses to allow a vote.
4) In response, the Administration accuses the Republicans of gamesmanship?
So, if the Republicans hold up a vote, they are wrong and, if they allow a vote, the are wrong still. The windows at the Whith House bust not be the only things with windopane; the Administration seems to be detached from reality.
I hear that some unions are going to join the protests which is too bad because they’ll take over the message and agenda from the original occupy wall streeters which is too bad because like what was said in the movie The Social Network about Facebook, “You don’t know what it is yet….”. These unions coming in is the equivalent of paid advertising on Facebook. It’s no longer cool.
Shore [24];
Is it wrong to think that people who cannot meet reasonable mortgage-qualification standards or don’t have a job or stable job should not be taking on mortgage debt?
It is now. It didn’t used to be (pre-bubble, that its).
Dan – can’t have class warfare without the unions.
30. yeah cause unions are so prevalent now!
Jamil – in 1983 there were 17.7 million Union Members of the entire US workforce. Today it is 14.7 Million.
It is not as different then as you would think. History sometimes rhymes, and people may start listening to the Unions message again, just like the did in the 1930s during the depression.
Just got a call from a client who buys tax liens and forecloses them. Guy will pay a commission if I have a buyer, but he won’t give me a listing and let me put the property into MLS due to liability concerns (poor/hazardous condition). Property is a single family in River Vale that is not habitable. Price is $110,000 firm and includes a commission.
Even with the current economic crisis I didn’t believe I would ever see a house sell for $110,000 in River Vale again.
Juice [32];
Unions are now about government workers. 36% of government workers are unionized. Only 7% of private sector workers are. Government workers have job security that the private sector can only dream of, while taxes are only going up. J6P isn’t buying to the union message.
So this is Obama’s relection strategy? Rabble-rousing in the big cities?
Con’t [34];
Besides, isn’t unionism (Look for the Union Label) as a market force just a less effective version of protectionism?
Moose,
Oblama has been completely exposed. He’s like an angry f*cking drunk now. A second term? LMAO!! The best we can hope for is to pacify him and hope the country still exists as a facsimile by November 2012 before he’s escorted out.
#33 30 Year:
I had a Realtor tell me at the height of the bubble that never again in the town of River Edge would you be able to buy a house for under 500k. And today there are plenty to choose form not only under 500K, but well under 400K, and a couple under 300K. With ugly taxes of course!!!
Amazing!
Auto Owners Beware — D.C. Cops Throw Drivers in Jail for Expired Tags
In a city that hosts its fair share of murders and terror plots, Washington, D.C., police are cracking down on another threat to the nation’s capital — expired vehicle registrations.
To the frustration of forgetful drivers, Metropolitan Police Department officers are throwing people in jail for letting their tag renewals lapse. The practice provoked somewhat of a backlash last year after a local mother from Maryland was jailed for what in many places would be a routine traffic offense punishable by fine. But the department continues to reserve and exercise the right to throw drivers in the clink for missing the DMV deadline, no matter where they’re from.
snip
Accounts from those who’ve been locked up suggest it is not just a tactic designed to give police an opening to hassle and root out bona-fide criminals. Townsend said in one case, police arrested a mother on her way to pick up her child from school, with her younger child in the car. In another incident, a D.C. resident on his way to meet up with his girlfriend was arrested and forced to spend the night in a series of holding cells.
A spokeswoman with the city’s police said officers generally issue a $100 fine for registrations that have been expired for fewer than 30 days. But spokeswoman Gwendolyn Crump noted that D.C. Code provides the authority to arrest for more egregious offenses.
“It is prohibited in the district to operate a motor vehicle that is unregistered. This is a crime that can result in arrest and a traffic citation,” she said in an email.
According to D.C. Code, it is illegal to drive a vehicle without proper registration, punishable by a fine of up to $1,000 and/or imprisonment of up to 30 days.
snip
The individual detailed his experience in an interview with FoxNews.com, describing a roller coaster night that started when an officer pulled him over on his way to meet up with his girlfriend on U Street, a popular nighttime haunt for jazz lovers and revelers. He had recently moved from Maryland to D.C., and his registration was 10 days overdue.
He said he found it “a bit odd” when he was told to get out of the car, and handcuffed for the offense.
At first, it appeared the incident would be quickly resolved. His girlfriend was told to come to the precinct with $100 in order to get him out, he said.
She did that, but he wasn’t released.
Instead, the traffic offender said he was transported from the precinct to another holding cell in the basement of a separate courthouse.
snip
At about eight hours of detainment, the resident was released. When he finally returned to his car, he realized the police officer who moved it left it illegally parked with all the doors unlocked. On the car was a fresh $50 ticket.
“It’s a nice cherry on top of the story,” he said, noting the ticket was later thrown out.
snip
a woman who was arrested this past May for having a registration expired by 36 days. In that case, she had a three-year-old child in the car and was on the way to pick up her older child from school.
According to AAA, the arresting officer informed her the children would have to go to social services if she couldn’t find someone to watch them while she was driven to jail.
snip
http://www.foxnews.com/politics/2011/10/05/tourists-beware-dc-cops-throw-drivers-in-jail-for-expired-tags-aaa-cries-foul/#ixzz1ZvSNTK3r
From Smart Money:
http://www.smartmoney.com/spend/real-estate/new-discounts-for-mortgage-borrowers-1317763149160/
#36 Gary – Obama is just Bush with a tan. Romney will be Obama with a slightly lighter tan.
Doesn’t matter who is elected. The only thing that changes is the rhetoric.
Unions are not awful creatures. I have heard more than one management-side labor lawyer state that most companies get the union they deserve. When listening to all the moaning about outrageous union benefits remember, no union has received a contractual benefit without management agreeing to provide the benefit. I doubt that any of us would decline the opportunity to extract from our employers the best possible economic deal — the one that is best for ourselves and our families.
Companies do not exist to create jobs — the jobs are a byproduct/input for creating a product or delivering a service. If people are willing to work for a given company at wages that destroys their ability to live comfortably and provide for their long-term futures, do you think most companies give a hoot? Likewise, if an employer is willing to “give away the store” to employees during negotiations, does anyone really expect the employees to say, “wait Mr./Mrs. employer, maybe you should not agree to these terms because it will hurt your long-term strength and staability”?
If there are excesses in unionized environments, it is because management has agreed to those excesses. Perhaps the managers who made bad deals should be held to account.
Moose – some of the biggest rabble rousers are the gov union workers. I Doubt the CWA workers would try and occupy the State House to prevent a vote.
Unionized government workers have an important protection that private-sector employees do not have. First Amendment protection.
(27) Well, you see, we have something called the “House of Representatives” that happens to be controlled Republicans who will not allow a vote. They consider it dead on arrival. I hope that helps you get it straight.
WTF,
The House has no control over the Senate. If the Democrats want to highlight obstructionist House Republicans, fine. That said, it is disingenuous to cite the House Republicans as the roadblock when the bill is being held up by the Senate Dems. I suspect the real reason is that enough Senate Dems, worried about retaining their own seats, will not vote for it.
WTF,
By the way, thank you for the civics lesson. I have long wondered what the other legislative body was called. This government stuff is just so darned confusing. I knew I shoulda stayed in skool beyond 8th grade.
This guy is so full of sh!t is it spilling out of his ears…..
http://finance.yahoo.com/blogs/breakout/
sorry…
http://finance.yahoo.com/blogs/breakout/america-sale-author-kiyosaki-141303212.html
Big mortgage refi deal in the works?
From Business Insider:
http://www.businessinsider.com/now-everyone-is-talking-about-a-big-mortgage-refi-plan-2011-10
From Housing Wire, private mortgage modifications’ have an even higher default rate than HAMP:
http://www.housingwire.com/2011/10/05/private-mortgage-modifications-perform-worse-than-hamp?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29
For the men of the room, and the women who are inclined this way:
http://www.stylebistro.com/lookbook/Jennifer+Aniston/BSi4xmiuVAt
[41] “If there are excesses in unionized environments, it is because management has agreed to those excesses. Perhaps the managers who made bad deals should be held to account.”
I’m no expert on labor laws, but I know enough to know that they take away the right of the employer to simply say “you’re all fired” and hire new employees who are more than happy to work for the wages/benefits on offer. That tells me all I need to know about whose fault it is for union excesses.
Nature runs its course, however, and union businesses are going extinct because they are being run into the ground by their corrupt, greedy union bosses. Government is the last refuge of the inefficient and dysfunctional union labor force, because government cannot be run out of business. Well, at least not until our future Chinese overlords get their act together.
Every “storm of the century” we get water in the crawl space under our home. We are getting more of these so I want to put in a sump pump but the floor is dirt. I know the basics, but I was wondering how it would work surrounded by dirt. Does anyone have any experience installing a sump pump on their own.
Matt Taibbi of Rolling Stone on CA pulling out of the AG settlement:
http://www.rollingstone.com/politics/blogs/taibblog/attorneys-general-settlement-the-next-big-bank-bailout-20111005
Unless you have a generator usually the power goes out in a flood so sump pump wont help in that case.
Cheapo route is to buy a above ground pool cover pump cheap, hook it to garden hose throw it in slop sink when it is flooding. That is what I do.
d2b says:
October 5, 2011 at 1:39 pm
Every “storm of the century” we get water in the crawl space under our home. We are getting more of these so I want to put in a sump pump but the floor is dirt. I know the basics, but I was wondering how it would work surrounded by dirt. Does anyone have any experience installing a sump pump on their own.
VZ sell or buy!! Point/Counterpoint – ExDiv tommorrow and thinking of exiting position.
Customer service at its best:
snip
Having now had the privilege of having both version of events, I am now in a position to respond to your complaint.
From the very outset, one thing that you should be mindful of is; Our product offerings are very, very carefully selected, so to ensure that we do not appeal to a broad customer base. This is something which is always at the forefront of our minds when undertaking buying duties.
The reason for this is to ensure that we only carry products which appeal to a very fashion forward consumer. This by default means that the customer whom is acclimatised to buying from “clothing for the masses” type retailers, is almost frightened by our range, sometimes we have found that this type of customer, almost finds our dresses funny, and on occasion noted comments such as ‘it looks like a dead flamingo’. When we receive comments like this, we like to give ourselves and our buyers, a big pat on the back, because we know we are doing our job right, and modus operandi is being upheld.
Our range is worn by A list celebrities to the likes of Kim Kardashian, Selena Gomez and Katy Perry to name only a few. Now, as one might appreciate, the style counsel for these types of celebrities are not ones to pick “run of the mill” type clothing, and they do so on the basis to ensure that the styles are cutting edge, and only worn by a select few. Similarly these items are priced such that they remain inaccessible to the undesirable.
Insofar as our employee goes; Similar to our product offerings, our employees are selected with a similar approach. Chris whom served you is a qualified stylist whom has a sixth sense for fashion, and Chris’s only problem is that he is too good at what he does, and as I am sure you are aware, people whom are talented, generally do not tolerate having their time wasted, which is the reason you were provoked to leave the store.
Whilst I concede that you work for chain retailer, unfortunately that does not make us like for like. It is probably fair to assume, a lot of what I have said in this email, either doesn’t make sense to you, or you totally disagree with it all, which is what I would expect (unless of course I have you totally wrong – which I doubt).
Let me guess, you would never, ever hire Chris in the course of your duty, would you? This is the very reason, why your comment “from one retailer to another” is so disproportionate, it’s almost as though we are in a totally different industries. Chris is a retail superstar, who possess unparalleled ability, and I am sorry you feel upset by him, but he knew you were not going to buy anything before you even left your house.
So if you would like to do us any favours, please do not waste our retail staff’s time, because as you have already seen, they will not tolerate it. I am sure there are plenty of shops that appease your taste, so I respectfully ask that you side step our store during future window shopping expeditions.
Thank you for your enquiry.
snip
http://consumerist.com/2011/10/australian-store-replies-to-complaint-by-being-like-suck-it-we-dont-care.html
“I know enough to know that they take away the right of the employer to simply say “you’re all fired””
Inthe private sector, this only happens if management agrees to this restriction. In the public sector, civil service rules may preclude this but, again this only happens by contract if management agrees.
31 is fake jamil
Grim, please post his ip and other handle
[58] Well then I may stand corrected, I have to check it out. I am amazed that so many organizations get away with striking (MTA, teachers, etc.) and that management has agreed to this.
In any event, unions are a competitive disadvantage, and Darwinism has a way of taking care of stuff like that.
hard to tell when employees who do nothing walk off the job.
“get away with striking (MTA, teachers, etc.) ”
In almost no case is it legal for public employees to strike. As for private-sector employees, employers are free to dismiss and replace economic strikers; however, strikes over unfair labor practices is another matter entirely.
gary (15)-
Haven’t you gotten the message yet? TPTB wants to turn you into a fat, retarded, lazy slob.
It is your right as an Amerikan to stuff your face full of Sbarro, Chevy’s and whatever other toxic swill you choose to inhale…but we all need a little less freedom.
Life imitates Wall-e.
Back to exfoliating with a belt sander…
moose (29)-
Thanks to the oligarchs whose water you carry, the Pandora’s Box of moral hazard has been opened. Please let us know when MS decides to catch up on the mortgage of that building in SF where the flipped the keys to the bank.
[url=http://yoytube.org/]yoytube[/url]
59. It’s Me Jamil. Why do you need my IP? Just come into the other room.
66. Is not the real Jamil. Seriously Grim. This is ridiculous.
I have installed a sump pump. Concrete floor was 4 inches thick and had to drill through it and break it out before we could set the sump.
I’m not sure why you are concerned, you don’t need to have concrete to set a sump pump. You pick the lowest point in the room, you dig a pit, and you stick a pump in it. The water goes to the lowest point, fills the pit that you dug, and you the sump pump turns on and pumps it to another location. End of story.
The sump pump usually comes with a plastic container bucket to keep the pump upright, protect the float mechanism, and provide an area for the water to enter. It really isn’t complext thing to understand at all. Just make sure that you have somewhere safe to pump the water, such as a drain. Also, if you need to move the water up more than 6 feet then you should install a flow regulator in the path so that the sump pump doesn’t cycle on and off constantly. The flow regulator only allows water to flow in one direction. Also there is a maximum height that a pump can move water regardless of power so if you are looking to pull it out of a basement then test to make sure that your sump actually WORKS before you need it.
Not all floods knock out power but if power goes out frequently in a storm then you are going to need a method to provide auxillary power.
Jamil,
Unfortunately, the internet is full of shallow people.
I remember back when I were younger and people would “parrot” what you would say just after you said it. That is possibly one of the most annoying things that another person could do especially if they were quick and good at it. To me it just showed how shallow they were.
I would reason that someone who could ‘copycat’ you would have no strong thoughts of their own and thus able to absorb and report what you said quickly. How did you combat someone who did that to you. You had a few choices, either stop talking, and vacate the area OR just continue talking as if nothing was wrong until they got bored of the silly game. I don’t think walking away is the right thing to do since that is what they wanted probably in the first place.
My suggestion is to impassionately refute the messages that are not yours and follow up with more thoughtful and interesting discourse or discussion. Someone who is impersonating you won’t do a very good job if you really put thoughts and ideas behind what you have to say as they wont be able to compete with that for very long.
I am so out of the loop with my options trading…..I was reviewing Iron Condors, and came across the IRON C-CKROACH….An iron cockroach is the simultaneous sale of a call spread and a put spread in the same expiration, with one spread being wider than the other…..bugger…
69. Or they simply think Jamal is amn imbecile who is fun to taunt.
Steve Jobs died.
Jobs gone.
Confused
You win.
Great speech from Steve Jobs at a Stanford commencement in 2005. RIP Steve
http://www.youtube.com/watch?v=UF8uR6Z6KLc&feature=youtu.be
In other news NYPD Horses are out on Wall St.
Don’t tase me, bro.
May have to dive into this Wall St thingy on my day off.
Meat – unemployed carpenters are in the fray now, a rhyme from the 1930s.
#6 Clot,
Enjoy it this week as this is the closest you’ll ever see to the Chamions league.
You have had a soft start to the season and life is about to change. Loved that Forrest game by the way. Class Win.
I bet the gubmint infiltrators in the Wall St mosh pit stick out like sore thumbs.
Sadly, I still think they will manage to turn the whole thing violent.
OTOH, this whole thing is headed toward violence anyway. Might as well go straight there.
#36 Gary
Are you missing the fact that the GOP is eating itself? Re-election is a stroll in the park when there is no real opposition.
http://politicalticker.blogs.cnn.com/2011/10/05/first-on-cnn-conservative-group-to-target-romney/?hpt=hp_bn3
#69 Nicholas
“My suggestion is to impassionately refute the messages that are not yours and follow up with more thoughtful and interesting discourse or discussion. ”
The problem with that statemen is, the real Jamil is incapable of thoughful and interesting discourse. I have got one actual debate out of him in three years. And that was only because the subject was his field of work.
Why would you want to live in NYC when you can live in Australia… Very few ‘septic tanks’ which talk loud about themselves down here…
Sweet web site , super style and design , really clean and use genial .
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