From MarketWatch:
Mortgage rates could spike if U.S. defaults
Democrats and Republicans have two days to reach a deal before the government breaches the debt ceiling. Should a default occur, mortgage applicants could face a worst-case scenario that includes rates that rise by as much as one to two percentage points within a day or so, says Stu Feldstein, president of mortgage-research firm SMR Research. “Interest rates would go through the roof immediately,” he says.
In order for such a spike to occur — and last more than just a few days — several scenarios would have to play out. Besides defaulting on its debt, the U.S. government would have to signal that it isn’t planning on making its payments soon or it would have to take the position of not intervening to stabilize the mortgage market. Analysts say complete inaction is unlikely since a severe increase in rates would lead to a drop in mortgage applications that would stall the housing recovery.
Home buyers, however, should be aware of the link between a government default and mortgage rates. A default would lead to an increase in Treasury yields, which serve as a benchmark for determining rates on many mortgages. The Treasurys impacted first would be those with the shortest-term duration—which would make adjustable-rate mortgages more expensive for borrowers, says Brad Hunter, chief economist at Metrostudy, a housing market research and consulting firm. These loans are given to borrowers with an initial teaser-like rate, which is normally fixed for a number of years; once that rate becomes variable, it’s often pegged to the one-year Treasury yield. That yield has barely budged in the last couple of weeks, though experts say a default would send it climbing.
default default default default
juice you suck
Wow……I always thought it was I liquid soap dispenser! I didn’t realize it was for deposits and a place to spit!!??
JJ the Welfare Queen says:
October 16, 2013 at 8:27 am
I like it. You know what some trendy bars have multiple unisex bathrooms where it is common for couples to have quickies. That is why they get away with charging ten dollar for drinks. Folks who live at home, are married, have long commutes why not.
hahaha…
“It’s very, very serious,” said Senator John McCain, Republican of Arizona. “Republicans have to understand we have lost this battle, as I predicted weeks ago, that we would not be able to win because we were demanding something that was not achievable.”
Pat: the RE101-thing is at least amusing…..this one is just pointless…it really isn’t funny
anon (the good one) says:
October 16, 2013 at 8:47 am
hahaha…
“It’s very, very serious,” said Senator John McCain, Republican of Arizona. “Republicans have to understand we have lost this battle, as I predicted weeks ago, that we would not be able to win because we were demanding something that was not achievable.”
Should a default occur, mortgage applicants could face a worst-case scenario that includes rates that rise by as much as one to two percentage points within a day or so, says Stu Feldstein, president of mortgage-research firm SMR Research. “Interest rates would go through the roof immediately,” he says.
I’ll trade a 2 precentage point increase in rates for 10% to 15% drop on listing prices across the board. Watch how fast I sell and buy. See how it works, kids? It’s called volume. The house tour guides make a commission and two parties complete a transaction.
ahhhh……justice for all…..
In a Manhattan courtroom Tuesday, one of the highest-profile environmental campaigns of recent decades is about to be exposed as nothing more than a fraud and extortion racket — “greenmail.”
Chevron is suing lawyer Steven Donziger and a number of activist environmental groups in a civil-racketeering suit, claiming that his landmark $19 billion award against the oil company in an Ecuadorean court was the product of a criminal conspiracy.
Ironically, much of the company’s evidence comes from footage shot for “Crude,” an award-winning pro-Donziger documentary that premiered with much publicity at the Sundance Film Festival.
In an eight-year suit in Ecuador, Donziger and his environmentalist allies argued that the oil company had wantonly polluted the pristine Ecuadorean rainforest, creating vast areas of poisoned land and causing huge spikes in cancer and other diseases.
The case drew vast media coverage, with pieces in The New York Times, Vanity Fair and The New Yorker; a sympathetic “60 Minutes” piece featured the poor and sickly Ecuadorean peasants. And celebrities like Daryl Hannah embarked on some cancer tourism, hugging natives before taking her Chevron-powered jet back to Hollywood.
An Ecuadorean court found Chevron responsible for massive pollution and awarded the rainforest communities (and lawyers) $19 billion. It was hailed as one of the most significant environmental victories in decades.
Guilty or not, corporations often pay such settlements so they can move on with business. But Chevron decided to fight back — and it seems to have uncovered a massive green extortion plot.
Chevron got a court order for more than 500 hours of footage from “Crude” that never made it into the documentary.
They show Donziger full of contempt for the country he says he cares about, openly boasting about how corrupt Ecuador’s judicial system is and planning to intimidate the judge because “the only language . . . this judge is going to understand is one of pressure, intimidation and humiliation.”
The filmmaker even recorded the lawyers lamenting that no pollution had spread from the original drilling sites and “right now all the reports are saying . . . nothing has spread anywhere at all” and how this lack of pollution was a serious problem.
But the footage also shows Donziger figuring he can brazen it out: “If we take our existing evidence on groundwater contamination, extrapolate based on nothing other than our . . . theory . . . then we can do it. And we can get money for it.”
There’s more.
Chevron will produce evidence that Donziger forged the signature of American experts on reports claiming widespread pollution — when these same experts had actually filed reports finding no such thing.
And that Donziger and his associates paid the Ecuadorean court’s “independent” expert more than a quarter of a million dollars so they could ghost-write his findings — the report that recommended the massive damages.
Chevron even promises to show that Donziger offered a judge on the case a $500,000 bribe to swing the judgment.
Chevron is arguing that Donziger and his environmental allies are no better than the mafia extorting money out of the company based on threats and fraud.
The stakes are huge: If Chevron loses, its bottom line and reputation will be seriously damaged. If Donziger loses, he misses out on a possible $3 billion payday and could be disbarred.
But the real losers are the 30,000 Ecuadorean natives that Donziger claims to represent.
These are some of the poorest people on the planet, who’ve been told to expect a huge damage award. Worse, an eight-year campaign was waged to convince them that they’re suffering mysterious illnesses, including cancer.
These people deserve to know the truth about their land and their health. Maybe now, in a New York courtroom, they are going to get it.
Now that you are in redhook you are becoming a slowly becoming a red neck white trash jersey shore hose monster.
You need to move to Brooklyn ASAP you gots to get trendy mofo
chicagofinance says:
October 16, 2013 at 8:46 am
Wow……I always thought it was I liquid soap dispenser! I didn’t realize it was for deposits and a place to spit!!??
JJ the Welfare Queen says:
October 16, 2013 at 8:27 am
I like it. You know what some trendy bars have multiple unisex bathrooms where it is common for couples to have quickies. That is why they get away with charging ten dollar for drinks. Folks who live at home, are married, have long commutes why not.
@MCaruso_Cabrera: Warren Buffet to @CNBC: creditworthiness is like virginity, you can maintain it for a long time, but tough to restore once you’ve lost it
10 – Not something the whores in congress need to worry about much
Women have three chances to maintain their viginity.
anon (the good one) says:
October 16, 2013 at 9:07 am
@MCaruso_Cabrera: Warren Buffet to @CNBC: creditworthiness is like virginity, you can maintain it for a long time, but tough to restore once you’ve lost it
Reconsidering Death Sentence For Fannie and Freddie
http://www.mortgagenewsdaily.com/10152013_gse_reform.asp
There may be life in those old GSE bones yet. At least that is one conclusion that can be drawn from an article in Bloomberg on Tuesday. Writers Clea Benson and Cheyenne Hopkins write about some current Washington discussions about the future of Fannie Mae in a piece titled “Fannie Mae Survival is Back on the Table in Washington.” The Bloomberg piece is an interesting complement to an analysis from Bank of America/Merrill Lynch which MND covered in August.
Fast,
What are you talking about? This is boon for the housing market. People will be going all gangbusters to buy a home today before the US defaults and rates rise. It is very logical really. No where but up for housing..and taxes..but not income. Who really cares about that though..
RU!
http://www.njbiz.com/article/20131014/NJBIZ01/310119996/Joanna-Angel:-Rutgers-grad-small-business-owner-porn-star
Bystander,
Of course! Prices in this area never go down. And besides, you’ll be making more money in a few years from now so that will lessen the burden! No worries! All the other costs are simply ancillary in nature and a non-factor.
If you want a good visualization of how pure congress is, cast your eyes on the “surfin bird” sequence in the movie Pink Flamingos.
If one can sell their home. The mortgage is the cheapest aspect of owning a home, almost insignificant.
Real Estate Taxes are sky high and not tax deductible to lots of folks.
Homeowners insurance is constantly going up.
Flood insurance they keep expanding the areas, more and more homes hit with this.
Electricity and Heating costs are way way up
Finally, due to Sandy which is basically the full employment act for every contractor, electrician, plumper and various home improvement people. It is near impossible to get one in the tri-state area at a decent price. Your non-sandy fixer upper home purchase will cost you a heck of a lot more to renovate.
Bystander says:
October 16, 2013 at 9:26 am
Fast,
What are you talking about? This is boon for the housing market. People will be going all gangbusters to buy a home today before the US defaults and rates rise. It is very logical really. No where but up for housing..and taxes..but not income. Who really cares about that though..
Burn the mf’er down and start over.
Great good fun when the food stamps and social security don’t come.
Just pulled the lever for Booker. Now I am officially part of the free sh-t army. I figure all I have to do now is gain 80 lbs and stuff my face full of fast food everyday.
Note to self: clean Mossberg 500.
ag (19)-
You also need to whack a 14 y/0 her0in dealer.
Being a pathetic g-v sh-tbag loser isn’t so bad after all. You just need to get in touch with your lazy side and have no shame. So what if everyone has to look at my fat belly while I swipe my EBT card. Anyone that complains is racist anyway.
pulled the lever for some guy int he freedom party for lack of originality in naming and also because my candidate from the transexual nazi eskimo party was not running.
AG,
Don’t forget the Tats. Even more so if they are done poorly and depict scenes of stupidity.
24 – Extra points for tats with misspellings.
I only go to Jersey to dump a body or catch a football game.
Gary (24): AG’s wife needs to eat more to get her required muffin top. Then she needs to go to the store to buy jeans and belly shirts to accentuate that look. Then she can get the tramp stamp of roses and butterflies across her lower back.
We are all deadbeat trailer trash now.
Hype,
It’s like dressing for success except in a different kind of way. The more one “looks” the part, the better the chances of receiving free sh1t.
14. Man you are a complete putz. The whole package. 100% unadulaterated douchebag.
[30],
Don’t shoot the messenger.
I dont like you folks talking about us welfare mamas!!!! I am new to this game since Sandy but it is fun. I want my govt cell phone and free cheese.
Actually I wish Joyce was on board today as I am offically going to announce my grant to fix my house.
$174,714.08.
Even I the welfare queen am happy with my amount!!! My only questions can I find $174,000 worth of things to fix. I have to hire hookers with catering from the four seasons to spend that much.
JJ please tell me they are cutting you a check.
If they are make like Buffet double your earnings using the taxpayers dime. But I saw the magical word grant so hookers and blow away.
Who Owns the U.S. National Debt?
http://useconomy.about.com/od/monetarypolicy/f/Who-Owns-US-National-Debt.htm
Question: Who Owns the U.S. National Debt?
Answer: The U.S. debt is more than $16.7 trillion. Most news headlines focus on how much the U.S. owes China. And, in fact, China is the largest foreign owner of U.S. debt. However, the biggest single owner of national debt is the Social Security Trust Fund, aka your retirement money. How does that work, and what does it mean?
The Debt Is in Two Categories
The U.S. Treasury manages the U.S. debt (among other things) through its Bureau of the Public Debt. The Bureau has broken out the debt into two main categories: Intragovernmental Holdings ($4.8 trillion) and Debt Held by the Public ($11.9 trillion).
Intragovernmental Holdings – Just under one-third of the Federal debt is owed to about 230 other Federal agencies. How does this happen? Some agencies, like the Social Security Trust Fund, take in more revenue from taxes than they need right now. Rather than stick this cash under a giant mattress, these agencies buy U.S. Treasuries with it.
This effectively transfers their excess cash to the general fund, where it can be spent. Of course, one day they will redeem their Treasury notes for cash. The Federal government will either need to raise taxes, or issue more debt, to give the agencies the cash they will need.
Which agencies own the most Treasuries? Social Security, by a long shot. Here’s the detailed breakdown:
•Social Security (Social Security Trust Fund and Federal Disability Insurance Trust Fund) – $2.764 trillion
•Office of Personnel Management (Federal Employees Retirement, Life Insurance, Hospital Insurance Trust Funds, Postal Service Retiree Contributions) – $826.8 billion
•Military Retirement Fund – $419.5 billion.
•Uniformed Services Retiree Health Care Fund – $189 billion.
•Dept. of Health and Human Services (Federal Hospital Insurance Trust Fund, Federal Supplementary Medical Insurance Trust Fund) – $260 billion
•Department of Energy – $54.8 billion.
•Federal Deposit Insurance Corporation – $33 billion
•Department of Labor (Unemployment Trust Fund) – $30 billion
•Department of the Treasury (Exchange Stabilization Fund) – $26 billion
•Other Programs and Funds – $260 billion. (Source: Treasury Bulletin, Monthly Treasury Statement, Table 6. Schedule D-Investments of Federal Government Accounts in Federal Securities, August 30, 2013)
Debt Held by the Public – Foreign governments and investors hold about half of the nation’s public debt. A little over one-fifth is held by other governmental entities, like the Federal Reserve and state and local governments. Fifteen percent is held by mutual funds, private pension funds, savings bonds or individual Treasury notes. The rest is held by businesses, like banks, and insurance companies and a mish-mash of trusts, businesses and investors. Here’s the breakout:
•Foreign – $5.724 trillion
•Federal Reserve – $1.794 trillion
•State and Local Government, including their pension funds – $703.5 billion
•Mutual Funds – $946.4 billion
•Private Pension Funds – $457.7 billion
•Banks – $341.4 billion
•Insurance Companies – $263.3 billion
•U.S. Savings Bonds – $181.7 billion
•Other (individuals, government-sponsored enterprises, brokers and dealers, bank personal trusts and estates, corporate and non-corporate businesses, and other investors) – $1.497 trillion. (Sources: Federal Reserve, Factors Affecting Reserve Balance, March 28, 2013; Treasury Bulletin, Ownership of Federal Securities, Table OFS-2, as of March 2013)
This debt is not only Treasury bills, notes, and bonds but also TIPS, Savings Bonds, and State and Local Government Series securities.
As you can see, if you add up debt held by Social Security, and all the retirement and pension funds, nearly half of the U.S. Treasury debt is held in trust for people’s retirements. If the U.S. default on its debt, foreign investors would be angry, but the greatest harm would befall the average U.S. citizen.
Check for work done, check direct to contractor for work not yet done. Actually three checks.
Now I wish I finished the work. As going forward I need to get permits, town involved, mold checks etc.
So I have a little over 100 grand to spend on renovations. Oddly they put a three year residency requirement on home from date so they are trapping me in my pos house. I cant rent it either. But honestly, it should be easy to sell when I do sell or rent if it is all nice.
My garage I told inspector it is my own person Vietnam.
Hurricane Donna 1960, Hurricane Gloria 1985, Hurricane Irene in 2012 and then Sandy are all unfixed in there. Six feet of water and 2/3rds of sheet rock still up!!! State told me pencils down six months ago.
Original baby blue 1950s paint has multiple stains, plaster marks peeling you name it. Lead paint, mold, who knows. It is a complete gut. They want to check for lead paint, abestos and mold too before I can rip it out.
My florida room extension got clobbered in like five storms. The windows dont shut all the way, water leaked under sliders, water leaks from room, floor had settled. And that was before sandy when several feet of water hit it. The inspector loved that room. I liked look when he saw freezer with three foot water lines still in use, warped cabinets with food and the curtains with salt stains. I told him pencils down. He laughed. I think he was also confused I did 1/2 the house like a showcase, granite counters, tiles, fancy lightening, fancy shower doors, Heck I spent a few grand in laundry room and then nothing.
In the odd world of grants spend spend spend then stop
Painhrtz – Disobey! says:
October 16, 2013 at 11:47 am
JJ please tell me they are cutting you a check.
If they are make like Buffet double your earnings using the taxpayers dime. But I saw the magical word grant so hookers and blow away.
None of us want to inspect your peter.
Seriously enjoy the beach house. Jersey is stronger than the storm. I personally think with all the money being spent at the beach and the fact we are getting lucky this hurricane season next summer the Shore will look amazing. Better than before.
ccb223 says:
October 16, 2013 at 11:59 am
By the way, just wanted to say I finally did my inspection with Peter and he was as good as advertised. Exceeded all expectations…very thorough and patient as he had to explain a million things to me. Highly recommend him to anyone on this site who needs an inspection done. Thanks for putting me on to him.
Congrats JJ. Welcome to the club.
I once had a cleaning lady (immigrant yes), who was on disability, cleaning houses off the books and then would somehow collect unemployment as well at times. She had two homes and I’m pretty sure that she successfully hamped out of paying a lot of her mortgage. Some might consider her or your actions immoral. But for one day, you are my hero.
The moral of the story is, as long as our corrupt government (of which Anon the numb nut is so proud of) keeps bailing out the ultra-wealthy set and continues to ignore the income gap while providing corporate subsidies to the highest lobbyist, one would be a fool not to grab some of the cheese. That is, until the cheese runs out. Then it’s a case of you better have saved like a mofo, for when the money printers can’t keep up with the runaway inflation, it’s gonna be hard times for all of those dependent on the government. We’ll see where Anon is when this occurs. Nice job JJ.
My grants believe it or not were not income based. I provided my actual tax returns, inspector came to my house with two brand new cars out front no problem.
I got lucky as grants were not income based, they count SBA loans against you and I did not take one, had to be primary residence, have to be current on taxes and mortgage etc.
Originally when I applied when rules were up in air I was concerned how my application looked. It had my income, showed no mortgage and the only debt I had was my wife bought a $53,000 car after Sandy with zero percent financing.
I was waiting for why did you buy a $53,000 car type questions? Surprisingly I have been taking vacations, own a second home, going out to dinners, football games etc. No secrets and no problems with any grants.
But in end it was not income based. I could according to them be Warren Buffet and still get the grant.
Only issue I have now is wife wants to blow out house in an extension. I want to see if I can do that extension which will cost like 150K on quote I got and use 115k of this money towards that. I have to wreck the rooms anyhow so why not just expand while I am at it.
Libturd in the City says:
October 16, 2013 at 12:22 pm
Congrats JJ. Welcome to the club.
I was planning on pulling the lever today for Booker, but Anon has been so annoying that I will vote for the other guy.
Lib you can vote for Ed the Plumber
yeah there is one on the ballot
JJ find a contactor that is also a pimp or one who is willing to ver charge and split the difference with you. I’m sure there are a good number of shady folks on the island. We sure as hell have no shortage of them here in Jersey.
Pain, do you mean Ed the Barber?
They did a write up on him on NJ.com and in the comments, he was responding to everybody.
http://www.nj.com/mercer/index.ssf/2013/10/the_regular_guy_experiment_hamiltons_ed_the_barber_makes_a_move_for_a_senate_seat_in_washington.html
#39 Lib
Got Alternative?
Street thank you knew it was some blue collar profession that probably makes more than me
Fab…there never is a choice. The sheep are just too sheepy to see the forest from the trees.
so, it seems we got a deal! Cruz et al bended over and fully took it up the stinky.
well done, you losers
Funny Eddie [30],
So, are you the fleecer or the fleecee?
#50 Lib
There is always a choice. It might not be one you want to make. Instead of being asked for a nice choice like if you want Steak or Lobster, your choice in the voting booth is at times like being asked if you want a punch in the face or a boot to the stones. Now you can say I don’t have to choose. Well that’s still a choice because one of them is still going to win even if you don’t take part.
The best example of a bad choice was the Boston Journalist when asked who he wanted to win the Subway World Series in 2000. His answer was the Mets because they only shot his dog once!
500 jobs for Wayne a reversal of fortune
Tuesday October 15, 2013, 11:27 PM
BY HUGH R. MORLEY
STAFF WRITER
The Record
http://www.northjersey.com/news/500_jobs_for_Wayne_a_reversal_of_fortune_as_.html
A Chinese appliance manufacturing giant is moving its U.S. headquarters to Wayne from Manhattan, the company’s real estate broker said on Tuesday, bringing 500 to 600 jobs and a measure of optimism to a township battered by job losses.
The impending move also brings some welcome news to North Jersey, which has seen a steady stream of corporate departures, including Park Ridge-based Hertz, Nutley-based Roche, and Upper Saddle River-based Hunter Douglas.
Haier America has signed a 13-year lease on a 58,387-square-foot building at 1800 Valley Road, near the William Paterson University campus and the offices of UPS and Toys “R” Us, the brokerage Newmark Grubb Knight Frank said. Haier America’s spokesman, James Liess, declined to comment, “not at this point,” saying that the company had not officially announced a move.
Perhaps the most unusual element of the announcement is that Haier is moving across the Hudson River without the aid of corporate tax incentives. New Jersey has in recent years granted billions of dollars in tax breaks to lure companies and keep them here, amid fierce competition among states for jobs.
We’ll take LG here too, screw the Palisades.
Fab so we should just fly by night away from here?
“so, it seems we got a deal! Cruz et al bended over and fully took it up the stinky.
well done, you losers”
You keep saying that to yourself as the gubbmint prints 85 bilion/month and higher as time goes by. Let me know how good it feels when gas gets to be $5/gallon and young adults cannot save a wooden nickle cause they are in over their heads in student loans and Obamacare costs. You have sentenced them to debt slavery in order to move forward your liberal douchebag agenda.
Your victory is only the final nail in the middle class coffin. Enjoy it cause your kids and grand-kids will be supporting me with free healthcare and social security when I am old and feeble.
Sucker!! Baa! Baa!
If Obamacare Death Panels will decide not to treat ill elderly patients and the Social Security Trust fund is the largest holder of US debt, is Obama really and evil genius?
Update – I am under contract to buy a property in Hunterdon county. I work from home, so no commute. Only killer is 17K in taxes. But with 3 kids, I figure it is 6K/ kid for good schools. Getting property 30% off 2006 price (last sold). I have been renting since 2005, so back to homeownership after a long wait. Saved 300K just by waiting out the housing slump. What happens from here? Who knows. Atleast I didn’t pay top $$. Will pay off the house in 3 years and I have my eyes set on a beach front in Miami.
re # 58 – My high school math teacher said we would be smothering the boomer generating in their sleep. I am still not sure if he meant while they were in their Hospital beds waiting for extraordinarily life saving care or just turning 65 years old and retiring.
I would have supported Obama if he had the balls to pass single-payer insurance coverage. Everything else is window dressing on a broken system, thanks to the lobbyist model. As soon as Obamacare was coming down the pipe, I put a lot of my safe money into UNH. Turned out to be a pretty safe investment. By the way, when I said our second kid cost us $1300 more than our first, we just got a notice that BCBS won’t cover genetic testing as a result of a test Gator took that showed my genetics are f’ed. There goes another $900. Some victory Anon. Next year such decisions will most likely cost double, not to mention the extra taxes I’ll be paying to cover those not covered. Some reform. Baa, Baa! Victory for the stupid!
re # 6 1- Only winners here are those that will be getting 30 million new customers, plus the screening “incentives” now allowed via the ACA.
Winners here
http://www.marketwatch.com/investing/index/nyp.id/charts
Loosers everyone else with coverage already.
We have screening at work.
Blood pressure
Weight/height calculation (BMI)
Total cholesterol
LDL cholesterol
Blood sugar levels
Companies can provide an incentive or penalty (surcharge) up to 20% of the premium cost for participation or non-participation. It get’s higher every year up to 50% of what you pay annually.
It is modeled after the Armed Forces screenings programs AKA Fat Bastard screenings, so put down that donut and do a situp.
Ah come on. Every town in NJ offers those screenings for free for fall through their department’s of health.
#59 Pain
At least Rush can go back to Canada for free heathcare. I think this woman answers your question better than I could.
http://www.huffingtonpost.com/lorraine-devon-wilke/importance-of-voting_b_1944496.html
@ryangrim: Wall St to Congress: Hit me. Go ahead, do it. You know you want to. C’mon, hit me. Yeah, that’s what I thought. Go home kid.
The final jab with the plunger handle will be in year 2 of Bojanglescare, when everybody finds out that the year 1 rates were all teasers.
Fall Family Outing with Clot:
http://www.easternstate.org/halloween
#61 Lib
I put that on Joe Liberman, not O.
http://www.uepi.oxy.edu/wp-content/uploads/2013/07/pub-Joe_Lieberman.pdf
I’m Fab you really don’t know much about Rush and the members of the band do you.
Anyone who wants to work full time from home with three screaming kids should never have guns in the house
Zack says:
October 16, 2013 at 3:31 pm
Update – I am under contract to buy a property in Hunterdon county. I work from home, so no commute. Only killer is 17K in taxes. But with 3 kids, I figure it is 6K/ kid for good schools. Getting property 30% off 2006 price (last sold). I have been renting since 2005, so back to homeownership after a long wait. Saved 300K just by waiting out the housing slump. What happens from here? Who knows. Atleast I didn’t pay top $$. Will pay off the house in 3 years and I have my eyes set on a beach front in Miami.
chi, that dude has some nice skull tats.
#69 Pain
My Rush knowlege consists of they’re Canadian and Sprit of Radio gets overplayed.
The only thing gluteus does that I agree with is tax evasion.
Anon [51];
It seems what the Democrats consider compromise is that they agreed to obey they law that they wrote and rammed down the county’s throat. They are now going to verify incomes of applicants for Obamacare premium subsidy.
I can’t wait until the shoe is on the other foot. Fnck you.
Juice [60];
The Locust Generation.
The End Is Nigh (JJ Secondary School Edition):
http://www.nydailynews.com/news/national/spanish-teacher-posed-naked-playboy-fired-article-1.1487060
#73 Clot
Thats a nice libelous statement.
Maybe I will use my fema money to have her tape and spackle. We wont need glue I will provide that
chicagofinance says:
October 16, 2013 at 4:45 pm
The End Is Nigh (JJ Secondary School Edition):
http://www.nydailynews.com/news/national/spanish-teacher-posed-naked-playboy-fired-article-1.1487060
Wooooonderful. Buzzer beater retreads agree to do this again in January.
sx (80)-
The whole thing was staged. Red, blue…doesn’t matter; they’re all committed to ripping off every last one of us. Each of these congresscritters is an actor playing his little part in the worst play ever written.
There will be yet another miraculous stick save when the next contrived crisis happens in January.
gluteus (77)-
So sue me.
#84 Clot
Ok
82
And a beauty!
I’d love to know short and long positions over the last yen days. I typed ten days. Auto correct was funnier.
Flopping channels caught me on cspan. I think I bought a bitchin camaro from Cruz in Wellington OH in 87.
Dude had any stones he’d filibuster again. Koch got to him, or planted him.
Ooh guy ferrier is on.
[81] Fabius,
I think that your tax returns will be subject to discovery. You might be able to limit the damage to in camera review
…now really hoping that gluteus sues me…
Smart guns coming to a store near you. Don’t try buying anything else…all sales of other types of hand guns will be illegal. Fcuk the 2nd amendment. You have no rights in the peoples republic of nj.
http://blog.nj.com/njv_editorial_page/2013/10/start_the_clock_on_smart_guns.html
It’s for the children. What…do you hate children?
Thank goodness our government was able to come together today and save this us from default! What would we do without them? #eliminatetermlimitsnow
What do you expect from a Patriot alum? ….
http://www.bloomberg.com/news/2013-10-16/ex-nfl-pro-bowler-fryar-charged-with-mother-in-loan-fraud.html
Wait – so the gun requires the wearer to be wearing a special wrist watch to work.
So when we take the wristwatch off – does that also need to be locked up?
Worthless. Makes more sense to make gun owners lock up the magazine separate from the gun.
Watching the tally – this is getting interesting.
chi (88)-
I liked Fryar better when he was jacked up on blow and got into bar brawls all the time.
Grim what is the big deal our cities elected just elected jerseys version of chairman o. No need to count we already know the outcome.
Oh well, so much for a close race. Lonegan’s lawyers getting the lawsuits ready?
So far this election has cost us $31 per vote
AP calls it for Booker
Imcurious what the numbers are in Newark remember there is no such thing as voter fraud. That or they just voted to get Booker away.
I wonder if Booker has even stepped in Newark for the past 6 months.
#96 Pain
Called with Newark barely counted
Essex Precincts reported 360/550
Booker 61,824 82%
Lonegan 2,566
Union is the big surprise for me Elisabeth is not that big to show numbers this strong for the county.
Union 404/427
Booker 43,169 64%
Lonegan 23,289 35%
[98] Fabius,
As long as your ilk stays on your side of the Delaware, it’s all your business.
I haven’t verified this, but if its true, it is extremely troubling . . . .
http://www.zerohedge.com/news/2013-10-16/creeping-capital-controls-jpmorgan-chase