Booyah Bob – Circa 2006:
Anonymous says:
August 18, 2006 at 12:31 pm
Spin this one.
“I believe area home sellers are just going to have to get used to these new market conditions because it’s not likely to change for a long time. Speaking very generally, buyer’s and seller’s markets in our area seem to last about five to eight years. It’s a cycle that has repeated since the early 1980s. If it holds true, it is possible we won’t see another seller’s market until at least 2011.”
How about 2020!
Jeff Otteau – Circa 2012 (from NJBIZ):
Economist says N.J. housing recovery will drag through 2020
Though the pace of sales activity in New Jersey’s residential real estate market has picked up dramatically over the past year, home prices across the state have barely nudged toward their prerecession levels, leading one local industry watcher to forecast their recovery will drag through 2020.
…
Analyzing that data, Otteau said median home prices in every county fell year-over-year through the second quarter of 2012, which caused the statewide median home price to drop from $339,000 in 2005 to $251,000 in 2011 — indicating homes throughout New Jersey were sold last year at prices nearly 75 percent of their 2005 levels.But Otteau said the state’s median home price ticked up by one-third of 1 percent in the third quarter of 2012, which he said finally signals the start of a long road of recovery.
“Looking at the projections of continued job recovery in the private sector and rising personal income in New Jersey, coupled with buyers’ confidence that home prices won’t go any lower, I think we’re going to see much of the pent-up demand come out and purchase homes,” Otteau said. “If home prices continue to rise in small measures, I think by 2020, we can expect to get back to 2005 price levels.”
From Bloomberg:
.U.S. Home Values Jump the Most Since 2006, Zillow Says
U.S. home values jumped 1.3 percent in the third quarter, the biggest gain since 2006, in an uneven recovery across the country, Zillow Inc. (Z) said.
The median value rose to $153,800 from $151,800 in the previous three months on a seasonally adjusted basis, the Seattle-based property-data company said in a report today. It was the biggest increase in Zillow’s Home Value Index since the first quarter of 2006, when values rose 1.5 percent.
…
“The housing market is on the mend, but the housing bottom will be a protracted one,” he said in a telephone interview. “We will see more muted appreciation in the near term before we get back to normal appreciation trends.”
…
Atlanta had the biggest drop in values, falling 2.2 percent from the previous three months, the data show. New York, Philadelphia, St. Louis and Cleveland were among other large metro areas where values declined.
From NJ Biz:
New Jersey has nation’s second-highest tax burden, study says
New Jersey residents paid a combined 12.4 percent of their income in state and local taxes in the fiscal year that ended June 30, 2010 — the second-highest tax burden in the country, trailing only New York, according to an annual report by the nonprofit Tax Foundation.
New Jersey has been locked in the second position, behind New York and ahead of Connecticut, since 2005. The report included the most recent available statistics.
The 12.4 percent rate was the highest in the state since 1977, when New Jersey ranked third in the country, according to the annual report.
David Brogan, first vice president with the New Jersey Business & Industry Association, said the state should improve its ranking in the future.
“I think you’re going to see a greater benefit of the 2 percent property tax cap as we go forward,” Brogan said. He added that Gov. Chris Christie’s emphasis on reducing taxes, like state business taxes, also will help the state.
“New Jersey’s always going to be a high-tax state, there’s no doubt about, but I think the governor is moving in the right direction,” he said.
Booyah, indeed…
chicagofinance says:
October 23, 2012 at 8:00 pm
I didn’t advocate for no shots. I said that you can get away with it regardless of what you are being told….don’t put words in my mouth……
Juice Box says:
October 23, 2012 at 4:56 pm
Re: 97 – no shots? Gonna kick a coconut around the room when the kid contracts whooping cough?
Grim man I miss Bob he was like the Edward Casey of this blog. A deranged soothsayer. Hope your sleeping well and wifey an grimette are fine.
FYI twins with 1 in nicu for 24 hrs costs to HBCBS 120 K wife C section 4 days in hospital nother 60K . I almost think they make numbers up to see what the insurance companies will bear. Cost too us was about 3 grand. Twins are f*cking expensive if Ket was still here he would probably agree.
Rombot getting his in a Boston Court tommorow? How about Trump and
His big noon announcement? Gloves off?
Met an old banker today who pulled this out of his wallet.
http://www.flickr.com/photos/77232795@N08/8117879808/
Screw it all. The wheels have come off.
We’re well down the road to oblivion now. Seems as though the whole world woke up today to the fact that corporate earnings are way down…and aren’t coming back anytime soon.
Excuse me while I try to find some medical marijuana.
Before you screw it all…give it up for new Depeche Mode…..
https://www.youtube.com/watch?feature=player_embedded&v=NihMVuspKQw
First congrads again to all the new Dads & of course Moms also. My middle guy was a a little over a month early, spent almost a month running back & forth with wife (back then thought was pump breast milk help with low weight). Flash forward 21 years, sharpest of my bunch I’d say & healthy as an ox.
P.S. all shots given to my three for what it’s worth.
P.S.S.You may be busy as hell now but give a listen, stop & enjoy it goes SO fast.
http://www.youtube.com/watch?v=_QCBeZi0bRI
Good Morning New Jersey
Didn’t Jeff Otteau prematurely call the bottom of the housing market a few times? Why should we take him seriously now?
His initials are J O what does that tell you?
I was looking for some sunglasses and sandals. Does anyone have suggestions?
grim….leave the spambots alone! Go tend to Kylie!
Interesting housing poll on Rasmussen Reports.
55% Say Home Is Worth More Than Money Owed
http://www.rasmussenreports.com/public_content/business/housing/october_2012/55_say_home_is_worth_more_than_money_owed
Short-term confidence among homeowners is at its highest level in several months, but a third of homeowners still say their homes are worth less than the amount owed on their mortgages.
The latest Rasmussen Reports national telephone survey of Homeowners shows that 26% believe their home’s value will go up over the next year. Twenty-one percent (21%) say their home’s value will go down over the next year, while 49% expect it to remain about the same.
The survey of 745 Homeowners nationwide was conducted on October 18-19, 2012 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC.
NY Jets QB Mark Sanchez has just lost his best wide receiver … Eva Longoria.
Eva’s rep has confirmed … the two have officially called it quits after several months of dating.
Chalk up another loss for Sanchez (25 years old) — who already took a beating from the Patriots this weekend.
As for Eva (37 years old) … at least she won’t have to remove any body ink from her body this time.
BTW if home prices “rose” 1.7% over last 12 months and the inflation rate is 2.00 percent as of September of 2012 that would mean on average home prices inflation adjusted fell .3% over last 12 months.
[18] JJ
That has me concerned. I was hoping the superhottie curse would keep Sanchez cursed.
http://gawker.com/352349/curse-of-the-babe
I have never said govt modification plans should be the path forward. HARP as well as TARP.
Firms should go bankrupt, individuals foreclosed upon… but you don’t want that either, don’t lie. You want the govt to keep stepping in and keeping your cash flow going, even if it’s diminished a litt.e What are you going to do with your now defunct bond at face value X in which you receive a destroyed home worth one tenth of X?
106.JJ’s B.S says:
October 23, 2012 at 5:39 pm
Joyce Debt = Another Mans Wealth
Allowing people to go BK under some govt imposed modification is outright theft
Allowing people who cant refinance to refinance at lower rate is theft of another mans cash stream.
Folks on their own need to tighten their belts and pay down debt and not take out new debt.
Folks like the GM bondholders should no be robbed. The bondholders should get paid or the firm go BK. Homeowners should pay their mortgage or get foreclosed on. Debt holders like the fact consequence of non-payment is severe that is why most people pay. Letting people off easy is a big contagion risk encouraging people to default who may have never defaulted.
Rut roh, Shaggy.
http://www.forbes.com/sites/louiswoodhill/2012/08/15/general-motors-is-headed-for-bankruptcy-again/
I considered GM (Chevy and Acadia) after shunning it for years but we eventually bought an MDX. Why? More for the money. More features, better warranty, better performance, all at the same price point. Acadia won out only when it came to interior design. Of course, I didn’t even want the MDX; I wanted to keep the highlander.
I’d consider GM but only if I got an owner’s discount.
Though the pace of sales activity in New Jersey’s residential real estate market has picked up dramatically over the past year, home prices across the state have barely nudged toward their
prerecessionartificially inflated levels,And now for something completely different . . .
http://moneymorning.com/ob/mckinsey-report-only-a-revolution-can-prevent-gas-water-and-food-prices-from-soaring/
McKinsey & Co. meets “Doomsday Preppers.”
[11] MikeW – But he’s a little like Toonces the Cat, right?
First congrads again to all the new Dads & of course Moms also. My middle guy was a a little over a month early, spent almost a month running back & forth with wife (back then thought was pump breast milk help with low weight). Flash forward 21 years, sharpest of my bunch I’d say & healthy as an ox.
Finally, I figured out where Hollande got his 75% top marginal tax rate.
http://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.25.4.165
If the name Peter Diamond is familiar, it’s because Obama nominated him to be on the Fed BOG.
[21] I think joyce likes JJ. Not just likes him, Likes him, likes him.
I have never said govt modification plans should be the path forward. HARP as well as TARP.
Firms should go bankrupt, individuals foreclosed upon… but you don’t want that either, don’t lie. You want the govt to keep stepping in and keeping your cash flow going, even if it’s diminished a litt.e What are you going to do with your now defunct bond at face value X in which you receive a destroyed home worth one tenth of X?
I’ve read several excellent stuff here. Certainly value bookmarking for revisiting. I surprise how so much attempt you put to create such a excellent informative website.
I love a BK. I want BKs. I only buy investment grade bonds or bonds in distress with large amounts of assets that can be sold off.
Firms like Kodak, AMR etc. had assets. Wipe out shareholders, Wipe of pref shareholders, then sell assets and pay bond holders whatever 10-20 cents on dollar. Liquidate or get bondholders voluntary agreement to reorganize. I like that.
Subprime mortgages were priced to expect a certain default rate. So what if you default I got paid a higher interest rate from rest of folk still paying.
However, I can’t have 8% subprime mortgages with a 20% default rate where remaining 80% can refinance to 3% through a govt modification program. Let the 20% default, let me eat a loss, sell property and return some capital to bond holders. Mortgages have a “seasoning” process. Once you reach a certain age of around 7-10 years most folks dont refinance or default. Once you get to ten or fifteen years out a subprime portfolio fully seasoned goes for a great price. Your are left with folks for whatever reason wont or cant refinance who wont default and will pay you 8% for next 10-20 years. The govt is manipulating the secondary mbs mtk.
joyce says:
October 24, 2012 at 9:35 am
I have never said govt modification plans should be the path forward. HARP as well as TARP.
Firms should go bankrupt, individuals foreclosed upon… but you don’t want that either, don’t lie. You want the govt to keep stepping in and keeping your cash flow going, even if it’s diminished a litt.e What are you going to do with your now defunct bond at face value X in which you receive a destroyed home worth one tenth of X?
“I think we’re going to see much of the pent-up demand come out and purchase homes,” Otteau said.
LMAO! You have a better chance of getting a Bomma phone, Jeffey.
Interesting site.Introduced a Web site to your http://www.cheapesthermeswallets.com/hermes-wallets-c-1.html
Welcome back ya’all. What did I miss?
Gator thru you under the bus for being cheap regarding lil gator’s medical condition so not much
Right now (unfortunately), the govt is the mortgage market.
Yup. I broke out the mortar and pestle and he is having his Sudafed with applesauce twice a day. Ain’t no way I’m paying $50 a bottle (probably 8 doses) to some drug company who realizes they are the last pharma company with approved cough remedy sold OTC. I wonder how much their lobbyist paid to keep their drug on the market?
Gator Jr. is loving the applesauce diet anyway so it’s a win/win.
It’s really a shame that these meth labs have managed to make Sudafed so difficult to obtain. For me, it’s the only analgesic that keeps my colds from morphing into full-blown sinus infections.
I also moved Gators prenatal vitamin (another racket of sorts since vitamins are not regulated by the FDA) to the free ones offered at Shoprite. Did the same with Gator Jr.’s vitamins plus flouride. Went from $50 a month+ to free. Not a bad deal.
These purported NJ growth #’s are contrary to the 5.1% month-over-month DECLINE reported by the BLS for existing sales in the northeast. Hmmmmmmm. Something is rotten in the state of NJ. Go ahead…check it out on your Bloomberg!
And apparently, this is fair because NJ is fairy land. The housing fairy blessed NJ over all the other states.
http://www.zerohedge.com/news/2012-10-24/new-home-sales-highest-april-2010-until-one-reads-fine-print
“…the Census Bureau took the sale of 11K actual new completed homes and extrapolated an annualized, seasonally adjusted number of 389K, feeding the media a number that is the “highest since April 2010.” Instead, one look at the NSA chart below and one can see that grinding along the bottom is the best one can actually say.”
the accura mdx is a better driving car and breaks less than the MDX.
But it is the maint that kills you in foreign cars. My wife needed a new battery, $79 and free install at autozone. I needed new battery $550 and three hours at dealer. Wife needed two tires. $300 at pep boys, my two run flats run $600. Even an oil change is 4x the cost. Technically my foreign car in a consumer report way is better, it breaks less than the american car, it is also better in a consumer reports way that is depreciates less. But if you buy both cars new foreign and american and hold them 12 years, depreciation does not matter and the cost of maint and extra insurance will be far more than the fact it breaks down less. Bottom line people drive accuras, bmws, mercedes cause they like the way they drive and to show off a bit. From a math perspective we all should be driving a used ford or chevy. large depreciation = good used car
Hi! Your article rocks and is really a very good understand!
But it is the maint that kills you in foreign cars. My wife needed a new battery, $79 and free install at autozone. I needed new battery $550 and three hours at dealer.
Huh? I got a replacement battery for my BMW at Autozone. Yeah, if I went to a dealer I’d have paid a couple of hundred, but y0u’d pay a couple of hundred at the Ford dealer too…
http://danielamerman.com/Images/2011/4q/Ratio1.jpg
25 year chart of how much gold in ozs is needed to buy a house.
compares gold prices to house prices over last 25 years
My BMW the battery has to be programed. So I can buy battery and put it in but I still need to pay for one hour tech time. Which year and model do you have. My autozone wont do foreign cars for free. Did you pay to have that battery put in or do it yourself.
grim says:
October 24, 2012 at 12:46 pm
But it is the maint that kills you in foreign cars. My wife needed a new battery, $79 and free install at autozone. I needed new battery $550 and three hours at dealer.
Huh? I got a replacement battery for my BMW at Autozone. Yeah, if I went to a dealer I’d have paid a couple of hundred, but y0u’d pay a couple of hundred at the Ford dealer too…
42 – No it doesn’t. If you are talking about resetting the service or check engine lights, just google for the sequences. You don’t need a tool to do it, but you do need to go through a silly sequence of actions. I’ve got a 2007 X3.
For example, transmission learning reset on my truck is two clicks forward on the ignition key, gas pedal to the floor for 45 seconds, two clicks back, pause, start car. Oil/Service reset is, press and hold the Set Reset button “S/R”. Turn key to first position. Service light comes up. Hold until it flashes, then release and press S/R again to finalize.
However, most non-emissions service codes will be reset from the computer on battery disconnect, so technically you may not have had to do anything.
Interesting….talking to someone who bought in Bound Brook in 2004. He said that his property is off 30% from his purchase price, and about 35% from peak. At least he is underwater by only $10K-$15K or so. He is still in shock over it…….the uproar probably cost him his marriage……
Thank you very much. This really helped me with my work. I appreciate your help. Thanks a lot. welcome to visit my site: http://www.frdoudounem0ncler.com/
Anyone tracking next weeks potential major storm (remnants of Sandy). I’m actually purchasing my non-flood zone, flood insurance as we speak. $400 per year to cover the furnace, washer, dryer, hot water heater, spare fridge and circuit boxes.
Captain Cheapo only purchases insurance when he can tell he needs it (not the case with his life insurance policy). Of course, I will probably not cancel it after next week, so I am completely full of it.
http://www.coldwellbankermoves.com/property/details/3095593/MLS-2953916/74-Highland-Ave-Bergenfield-NJ-07621.aspx
Good grief,how would they expect to sell this dump with a 9k tax bill .
I am talking car actually starting. At least what dealer told me. He may have lied but he said the individual battery on a 5 series needs to be programed. I even told him on my wifes american truck I take my battery charger on “drip/slow charge mode” connect to pos terminal and neg terminal then change battery it results in nothing being reprogrammed. He told me that wont work on a 2006 5 series.
I think 90% he was lying. But my battery was near death and I was at the dealer anyhow for an inspection.
grim says:
October 24, 2012 at 12:53 pm
42 – No it doesn’t. If you are talking about resetting the service or check engine lights, just google for the sequences. You don’t need a tool to do it, but you do need to go through a silly sequence of actions. I’ve got a 2007 X3.
For example, transmission learning reset on my truck is two clicks forward on the ignition key, gas pedal to the floor for 45 seconds, two clicks back, pause, start car. Oil/Service reset is, press and hold the Set Reset button “S/R”. Turn key to first position. Service light comes up. Hold until it flashes, then release and press S/R again to finalize.
However, most non-emissions service codes will be reset from the computer on battery disconnect, so technically you may not have had to do anything.
Bound Brook? Sh1t no wonder they’re underwater. I worked with a few people from that area and their houses all flooded every summer. I’d never buy a house there after working with them.
44.chicagofinance says:
October 24, 2012 at 12:53 pm
Interesting….talking to someone who bought in Bound Brook in 2004. He said that his property is off 30% from his purchase price, and about 35% from peak. At least he is underwater by only $10K-$15K or so. He is still in shock over it…….the uproar probably cost him his marriage……
Finally a charity that even someone as cheap as JJ can support….
Health
What boobs! Website offers to connect desperate women seeking breast enhancement surgery with ‘benefactors’ willing to pay for them
The women are obligated to provide before and after photos following the procedure and agree to remain in touch with donors for six months after surgery.
By Lindsay Goldwert / NEW YORK DAILY NEWS
Some women who desire breast implants are becoming dependent on the kindness of strangers.
Since 2005, a web site called myfreeimplants.com has been matching flat-chested females with men who are willing to pony up cash to pay for bigger breasts.
Co-founder Jay Moore and his friends came up with the idea of helping women who are strapped for cash achieve their busty dreams at a bachelor party.
“This is a financing tool,” Moore told the Las Vegas Sun in 2009. “This is a boob bank.”
While women only have to share their photo in order to plea their case for larger breasts, charitable men have to pay a monthly fee to help out these damsels in distress.
Women from all over the world send in their photos and bios, pleading for donations.
The company, calls itself a specialized “social networking website.”
But the woman can’t just take their donations to the plastic surgeon and log off.
In fact, she doesn’t get the money at all.
The donations are held by the site in a trust until they meet their surgery goal, the Sun reports. When the surgery is complete, the site pays the doctor directly.
When they sign up, they pledge to provide “after” pictures and keep in touch their benefactors for an additional six months after surgery.
The Daily News reached out to myfreeimplants.com and is awating comment.
While these men may think of themselves as Pygmalians, mental health experts have another word for them — creeps.
“Who are these men? This is unhealthy, scary and disconcerting,” said Rachel Sussman, a relationship expert and author of “The Breakup Bible.” “Why would anyone get into such a dysfunctional contract? It could be highly damaging… even traumatic!”
Dr. Laura Berman, author and sexual health expert, said that while she sees nothing wrong with breast implants themselves, the site seemed like a form of prostitution.
“The women try to impress ‘contributors’ with videos and pictures, and I am sure all the competition ups the ante, and in order to get the ‘prize,’” she said. “It could also be dangerous if she agrees to meet with one of these contributors without knowing anything about his background.”
Sussman said that raising funds this way is no way to improve one’s self esteem.
“Think of the confidence you’ll get by making the right choice, finding the right doctor and paying for it yourself,” she suggests to women thinking of seeking donations. “If you are struggling with self-image, finding a sugar daddy won’t do anything positive for you.”
JJ it isn’t BS, but it is. Typically replace the batt, and see if she goes. If your battery goes and the computers go haywire 10% of the time it needs to be connected to the dealers system to reset them. At least that’s the way it is with Range Rovers, mine just died and the independent mech, said put the battery in, if it starts you’re good if not flatbed it top me and I’ll reprogram the computers, 9/10 out of 10 this is not needed and if the batt didn’t go bad and you are just replacing it is unnecessary.
FYI your battery is the same as mine ~$200 at an autoparts store.
#46..you have a 30 day waiting period?
One day closer to death.
1987 Condo,
She didn’t mention it, but you’re probably right.
I did double the power of my sump pump and ran the generator last weekend just in case. I hope she blows out to sea, but right now too many models are in agreement. This is eerily similar to Irene.
Gator says there’s a month wait unless we refi.
Breaking news:
Fed reiterates U.S. economy is growing at a moderate pace and housing market is showing signs of improvement.
In other news, (and and example of the honesty and integrity of statements made by our government)
The Whitehouse says the attacks on the diplomatic mission confused them and they were unable to understand the barage of confusing emails and real time information sent to them so it really isn’t their fault and the war on terror is over and al Qaeda is no longer a threat.
#56, just wanted to you to be aware of that potential….of course, your agent should have brought that to your attention, you would think.
I laugh at storms. Actually my new idiot next door neighbor bought a house that floods, but he dont know it. He is a corner house on double snow emergency streets. When we had Irene water flows to the corners where it goes down the sewers, more water was headed it that way than sewers could handle so was like five feet deep water on the corner and like a foot on his front lawn. Storm stopped and then we were at high tide. Funny was the emergency vehicles everytime they came down block they created a wave that went right into his den.
Idiot bought house that was listed a newly renovated Den. Dope should have realized anyhouse with a new lower level den or basement post Irene floods.
Libtard in the City says:
October 24, 2012 at 1:07 pm
Anyone tracking next weeks potential major storm (remnants of Sandy). I’m actually purchasing my non-flood zone, flood insurance as we speak. $400 per year to cover the furnace, washer, dryer, hot water heater, spare fridge and circuit boxes.
Captain Cheapo only purchases insurance when he can tell he needs it (not the case with his life insurance policy). Of course, I will probably not cancel it after next week, so I am completely full of it.
Comrade,
Does this one not show up on your radar?
No. 12-6169
Title: Jeffrey Thomas Maehr, Petitioner
v.
Commissioner of Internal Revenue
Docketed: September 11, 2012
Lower Ct: United States Court of Appeals for the Tenth Circuit
Case Nos.: (11-9019)
Decision Date: May 17, 2012
Rehearing Denied: June 8, 2012
~~~Date~~~ ~~~~~~~Proceedings and Orders~~~~~~~~~~~~~~~~~~~~~
Sep 6 2012 Petition for a writ of certiorari and motion for leave to proceed in forma pauperis filed. (Response due October 11, 2012)
Sep 26 2012 Waiver of right of respondent Commissioner of Internal Revenue to respond filed.
Oct 4 2012 DISTRIBUTED for Conference of October 26, 2012.
’87 [58];
your agent should have brought that to your attention, you would think.
And cost themselves the sale? Not likely. Besides, the agent did bring it to his attention, its right there in the documents Lib signed. ;-)
“Shiny Object” Reelection Strategy, take No. 315:
US Atty for SDNY Sues BoA for misrepresenting sold mortgages.
http://finance.yahoo.com/news/u-s–sues-bofa-for–1-billion-over-mortgage-losses-24401588.html
Like Fannie and Freddie didn’t know what they were getting. Any wagers on this case going away between election day and inauguration day?
You know there’s been previous lawsuits filed against BoA for similar things.
Lawsuits of this nature are always for show… I want to see the handcuffs come out.
BAC did nothing criminal. Countrywide may have in the fact Angelo Mozzilo did this. BAC is guilty of stupidity for buying Countrywide.
joyce says:
October 24, 2012 at 3:47 pm
You know there’s been previous lawsuits filed against BoA for similar things.
Lawsuits of this nature are always for show… I want to see the handcuffs come out.
they bought the company, they assumed the liability… stupidity is no excuse
and yes the Tan Man should be in jail, among others
do you have a point?
They told me about the delay last year when I first inquired about it. Gator reminded me. Lets all cross our finger about this storm which is still tracking to be more destructive than Irene was. If it hits where it is currently projected too, consider 6-10″ of rain and sustained 50 mph winds (combined with the full moon on Monday causing more tidal erosion than normal). We are still 5-6 days away from the storm, so the path could easily change, but if you are in a need of a pump or generator, I highly suggest you get one today as the weather hype machine about this storm should really get going tomorrow. I’ll keep everyone updated here as I’m a bit of a weather geek. One of the models has a low pressure of 934MB at landfall, which is like Rita or Hugo. There would be a lot of devastation with this if this occurs. Still lots of time for things to change though.
Tan man should be in jail with all of the senators and congressman who took friends of Mozillo loans. Send in your contributions. Baa Baa.
Yet another example of our media failing the American people
http://www.volokh.com/2012/10/24/how-syria-is-irans-route-to-the-sea/
David Kopel – October 24, 2012
“Syria is Iran’s only ally in the Arab world. It’s their route to the sea.” So said Mitt Romney at the Monday debate. The Associated Press, The Guardian, The Telegraph, New York, U.S. News, Brad DeLong, Rachel Maddow’s Maddowblog, Comedy Central, and The Daily Kos promptly seized the opportunity to show off their superior geographical knowledge, pointing out that Iran has a coastline. The explicit or implicit explanation was that Romney does not even know basic geography. “Romney Flubs Geography” announced the A.P. headline on the Washington Post website. Readers in search of more sophisticated coverage might have turned to Yahoo! Answers:
Q. Why did Romney say that Syria is Iran’s “route to the sea”? …when 1) Iraq stands between Syria and Iran, and 2) Iran already has the Persian Gulf, not to mention the Indian Sea?
A. Romney was speaking in the context of the debate topic on foreign policy and the sanctions restricting the finances and trade of Iran. Although Iran is indeed located on the seacoast of the Indian Ocean and the Persian Gulf, the international trade sanctions have restricted and impeded its ability to transport armaments and other goods through its own seaports. To defeat these trade sanctions, Iran has resorted to using its air transportation to transport goods through an air corridor in Iraqi airspace into Syria and its seaports, such as Latakia.
No bankster will ever go to jail, no matter the size of the crime.
Banks own the gubmint, and soon they will own your ass, just like a slave.
Get ready to see all those “500 year flood zones” flood for about the third time in ten years.
At least that’s the way it is with Range Rovers, mine just died
First of many. My dad loves them, they sure love to keep the Lucas heritage alive in the UK. For as great as they say the reliability is, it’s horrible.
The engine in my brothers land rover died a few months back, seized. Car is basically worthless. Putting in a replacement engine is easily $7.5k, and here is the kicker, they all have the same flaw, so that one will die an early death too.
The climate control on my dads dies every winter, it goes haywire and blows the AC full blast on the driver side, and heat full blast on the passenger side.
They can’t fix it, they claim no problem, then they claimed it was by design, and finally they claimed that he is too sensitive to the temperature.
Joyce you cant assume criminal activity. yes they can assume civil liability. The CEO of BAC got fired for buying countrywide. If anything the us govt should sue themselves as their stepchildren GMAC, FANNIE and Freddie was the meth lab that provided the product to Countrywide
I still dont know how Angelo got away with it all.
joyce says:
October 24, 2012 at 4:01 pm
they bought the company, they assumed the liability… stupidity is no excuse
and yes the Tan Man should be in jail, among others
do you have a point?
Put a crate engine chevy 350ci in that baby.
Looking at NOAA NHC – Are we talking about the same storm? Looks like it’s going to blow east well before it hits us.
Ah I see now…
http://icons.wxug.com/hurricane/2012/oct24_gfsend.gif
http://www.wunderground.com/blog/JeffMasters/article.html
BIL was a Rover mechanic he continually states it is that the only one he would take is pre OBDII defenders. Everything else is junk and the only way you could give him any other rover model was to threaten the lives of his children. That pretty much convinced me to never want one, and I liked the discovery II
Range Rover is the evil villan in Cars 2 the Pixar movie my son loves.
Juice [77];
“No oil under ’em, no oil in ’em.” Seems fitting.
Range rovers don’t leak oil, they mark their territory…
Clot 70 – Dem folks on the river in Little Falls will be getting new furniture and card from FEMA come next week.
What up with all the restaurant closings in Montklair?
There’s no way to say what the real cause is, but I would bet it is a combination of the lack of parking, high rents, bad food quality and the overall economy, especially in Montclair where tax increases have been significantly higher than in most neighboring towns besides Bloomfield which is completely of control.
But, but…I thought Montklair was immune to reality…special…blue ribbon…
Upper is. It’s special. Everyone else rides on their prestigious coattails. Affluence by association, if you will. They don’t go over to the bad side of town to eat.
Gupta Sentenced to Two Years
So this guy gets two years . Corzine and rest are free . Something does not add up
freedy (85)-
It’s simple. We now have a class of citizens who are above the law.
Health inspektor of Montklair cracked down on roadkill in the kitchens……
Ernest Money says:
October 24, 2012 at 7:01 pm
But, but…I thought Montklair was immune to reality…special…blue ribbon…
FYI, Weather Underground blogger Jeff Masters gives us only a 30% chance of being missed by Sandy. Better batten down the hatches this weekend, folks. Lay in a good supply of tunafish and test out the generator. This could be one for the ages.
Sandy is being felt here. Breezes and not much else so far.
Any different from a strategic defaulter? Both are just playing by the rules and gaming the system.
http://mobile.nj.com/advnj/pm_31084/contentdetail.htm?contentguid=9IGvjQ4J#incart_river
Carter: Notorious Newark tenant finally evicted after hassling landlords for years
The Star-Ledger10/24/2012 8:00 AMNEWARK — A kind of legal history was made recently in Newark.Mark Newton, who makes an appearance in this column every six months or so, was actually evicted. It took the landlord three and half years but he is out.For more than 20 years, Newton has made fighting evictions a specialty – fighting his own eviction. And he does it pro se but don’t be fooled by that, this fellow knows his way around the court room.His legal tactics have frustrated Essex County landlords to no end. After he moves in, they say he damages their apartments and stops paying rent while accusing them of renting shabby units. Then he’ll tie them up in court – and anybody else who challenges him – with a barrage of harrassment complaints and lawsuits. The strategy is so exhausting landlords say it takes years and thousands of dollars to get him out.Last month Newton finally ran out of moves.Superior Court Judge James Rothschild Jr. ruled that Newton and his family had no right to be in a Newark home where they paid no rent for more than three years.The rental, at 80 St. Paul Avenue, is owned by Wells Fargo Bank, the servicing agent for US Bank National Association. It’s lawyers lost three times to Newton on technical grounds before they wised up. For his part, Newton did pay $500 in rent for three months in 2009, but stopped altogether in July of that year. His reason – the home needed repair, he said, and he couldn’t figure out who was the owner.RELATED COVERAGE:• Carter: Landlords say Newark man refuses to pay rent, trashes apartments, then ties them up in court• More Barry Carter storiesIf you do the math, that’s $19,000 he didn’t pay. The bank, down 3-0, regrouped with a Princeton law firm – Reed Smith. It’s lead attorney, Diane Bettino, filed papers calling Newton and his family squatters who cause trouble in the neighborhood. The rest of the family is his wife, Andrea, and their adult sons, Qadir and Qawi. They get in on the legal battles, too, but Newton is clearly the leader.In his written opinion, Rothschild said the Newtons tenancy ended May 2010 and his removal should not be delayed.Newton, adamant that he’s not a squatter, didn’t go quietly.He said he rented the house from the former owners in January 2009, but they say that’s not true. In court Newton was belligerent defending himself, sweating profusely. He called Rothschild corrupt and challenged his knowledge of landlord tenant law. A court officer didn’t like it and got in Newton’s face, pointing his finger at him. He told Newton to pipe down or he would put him out of the courtroom for disrespect.Newton pushed the officers finger away, then said repeatedly – “I’m going to make my argument.’’He said the bank didn’t own the home and that he was a lawful tenant. When court ended, he was still defiant. A sheriff’s sergeant ordered Newton and his family out of the building when they refused to leave.Rothschild issued his eviction opinion then filed an order for Newton to get out Sept. 10.Newton kept fighting, filing a stay of the eviction. Rothschild delayed his ouster until Sept. 24 so he could get a decision from the state appellate division on whether the eviction should be further delayed. Newton lost that appeal for a stay, but he had one more at bat. He filed an emergent application with the state Supreme Court.He struck out again. The court gave him until noon on Sept. 28 to get out, but the bank’s lawyer let him stay until Oct.1.But he is gone now.It’s anybody’s guess where he’ll turn up next.
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