US Real Estate – 40 months of price increases

From HousingWire:

CoreLogic: Home prices rose an amazing 6.5% annually in June

Home prices nationwide, including distressed sales, increased by 6.5% in June 2015 compared with June 2014, according to the June 2015 CoreLogic Home Price Index.

This change represents 40 months of consecutive year-over-year increases in home prices nationally. On a month-over-month basis, home prices nationwide, including distressed sales, increased by 1.7% in June 2015 compared with May 2015.

Including distressed sales, 35 states and the District of Columbia were at or within 10% of their peak prices in June 2015. Fifteen states and the District of Columbia reached new price peaks—Alaska, Arkansas, Colorado, Hawaii, Iowa, Kentucky, Nebraska, New York, North Carolina, North Dakota, Oklahoma, South Dakota, Tennessee, Texas and Wyoming. The CoreLogic HPI begins in January 1976.

“The tightness of the for-sale inventory varies across cities. Throughout the U.S., the months’ supply was 4.8 months in the CoreLogic home-listing data for June, but varied greatly across cities. In San Jose and Denver, there was only 1.6 months’ supply of homes on the market, whereas Philadelphia had a 7 months’ supply and Providence had a 6.6 months’ supply,” said Frank Nothaft, chief economist for CoreLogic. “The stronger appreciation was registered in cities with limited inventory and strong homebuyer activity, such as San Jose and Denver.”

Excluding distressed sales, home prices increased by 6.4% in June 2015 compared with June 2014 and increased by 1.4% month over month compared with May 2015. Excluding distressed sales, only Massachusetts (-1.5%) and Louisiana (-0.1%) showed year-over-year depreciation in June. Distressed sales include short sales and real estate-owned transactions.

“The current cycle of home price appreciation is closing in on its fourth year with no apparent end in sight,” said Anand Nallathambi, president and CEO of CoreLogic. “Pent-up buying demand and affordability, together with higher consumer confidence buoyed by a more robust labor market, are a potent mix fueling a 6.5% jump in home prices through June with more increases likely to come.”

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

88 Responses to US Real Estate – 40 months of price increases

  1. anon (the good one) says:

    @realDonaldTrump:

    I wish good luck to all of the Republican candidates that traveled to California to beg for money etc. from the Koch Brothers. Puppets?

  2. The Great Pumpkin says:

    1- I’m rooting for Trump or Bernie. Anything but the other candidates.

  3. The Great Pumpkin says:

    Esp this loser.

    “Like some petulant little leaguer arguing balls and strikes, Gov. Christie attacked a pollster who produced numbers that show his campaign is still stuck in neutral, because when he can’t handle the truth, his impulse is to smear the messenger.

    The epilogue to this screed was predictable, and it provided the kind of lesson that second-tier candidates should heed. Just don’t bet on it in this case.

    “Just look at Patrick Murray and his tweets: There couldn’t be a less objective pollster about Chris Christie in America,” Christie scoffed after the Monmouth University poll director placed the governor at 4 percent in the New Hampshire field last week. “You think nationally people are on the edge of their seat waiting for the Monmouth University poll to come out? I mean, please, stop.””

    http://www.nj.com/opinion/index.ssf/2015/08/christies_tired_tactic_blaming_the_messengers_edit.html

  4. grim says:

    What’s the deal with Bernie advocating for a $15 minimum wage, but only paying his employees $12 an hour? Or how about the entire cadre of democrats that pay their interns absolutely nothing. Hard to understand how an intern could live on a wage of zero.

    http://www.mrctv.org/blog/bernie-sanders-introduces-bill-15-minimum-wage-only-pays-staff-12#.58wld9:7Tvb

    http://www.usatoday.com/story/opinion/2015/06/23/hillary-clinton-unpaid-intern-millenials-column/28936259/

  5. The Great Pumpkin says:

    4- Grim, the guy is better than the status quo. You have to start somewhere. Remember, he doesn’t accept corporate donations, so his budget might not be able to afford paying interns 15 an hour. At least he pays his interns unlike all the aholes using the policy as a means for free labor.

  6. The Great Pumpkin says:

    Start somewhere, I’m referring to trying to get options in office that are not bought out by big money. Trump and Bernie are the only options based on this. Otherwise, accept the crony capitalism if you vote for the other options.

  7. anon (the good one) says:

    controlling women’s bodies is their permanent obsession

    @business: GOP leadership is torn over whether to threaten a government shutdown in order to defund Planned Parenthood

    “Haven’t they learned? This is a repeat of what they tried to do in 2013 with [the Affordable Care Act]. It just isn’t going to work,” Schumer said Tuesday. “You can’t hold the entire government hostage to make your ideological point.”

  8. Not Joyce says:

    People this is an echo bubble. Saw this before.

    Had Real Estate license out of high school. Let it expire, was to young, so no one would trust me for RE transactions. But saw fist hand the late 80’s boom and crash.

    Saw first hand the Resolution Trust Corp sales, and how speculators bought some great investments, but most of those properties were bought by greater fools.

    There was Echo Bubble from ’91-’95 or so and then just went dead stale. The speculators were flushed out of the system, and all went into the stock market with Greesnpan’s low interest gimmicks.

    We are there again today. This is an echo bubble.

    By the way, Ragnar. Why is it, that a great fan of Ayn Rand and gold as Greenspan is/was turn out to be the world’s biggest 0%/bubble blowing manipulator maestro.

  9. Grim says:

    Can’t imagine the cognitive dissonance in the extremist republican mind that tries to rationalize a position that is simultaneously anti birth control, anti social support, and pro economy.

    Teen childbirth is a huge contributor to lifelong poverty and income inequality.

    Seems odd that one would take a hardline stance against a set of behaviors that not only improves economic prospects, but will likely reduce the amount of social services required.

  10. phoenix says:

    Anyone of them who thinks Social Security or Medicare should be privatized will be eliminated on that alone. Remember RomneyVoucherCare.
    Sunk him like the titanic. He could not load up enough seniors up at the nursing homes to overcome the fallout.

  11. Not Joyce says:

    Phoenix the fight is Corporate State vs State Corporatism, that is all. Different interest get the spoils.

    Corporate State – > Medicare, VA Healthcare, Medicaid -> All become contracted HMO plans like Medicare Advantage presently. All government monies go to big corporations, w who kick back donations to the ruling party. Who benefits -> Cigna-Aetna, Humana, United, Hackensack-Meridian, Robert Wood Johnson-Barnabas, Genesis ElderCare, Big Pharma, etc. Mom & Pop are told what, when, where and how by their HMO. Those mythical Obamacare death panels but with a name like “United Health Health Excellence Management Team”.

    State Corporatism -> Medicare, VA Healthcare, Medicaid – > Are rolled up into one basic Medicare like Universal Payer insurance. Government monies goes directly to medical provider groups, providing hospitals. Mom & Pop have more choices.

    So voters vs big monies, who wins??

  12. joyce says:

    Because their rhetoric doesn’t match their actions… this is surprising?

    Not Joyce says:
    August 5, 2015 at 8:47 am

    By the way, Ragnar. Why is it, that a great fan of Ayn Rand and gold as Greenspan is/was turn out to be the world’s biggest 0%/bubble blowing manipulator maestro.

  13. phoenix says:

    The candidate I am looking for would be one who is concerned about the trade deficit.
    Blah Blah Blah military.
    Sure you need defense, military is important.
    When your economy is in the toilet you implode from the inside.
    You become your own worst enemy.
    You need to protect your family aka America.
    You trade with others, but home comes first.
    Those with world vision don’t put America first. That’s why your neighbors are suffering. The world is their playground. You are not one of them. You are a commodity like something in the market. And so are your children.
    Those who market trinkets to your children are not your friends.
    Those who collect your information are not your friends.
    Those who try to get you into debt are not your friends.
    Those who try to get you to compete for work against children in factories are not your friends.
    Those that bring in foreign workers to undermine your neighbors jobs are not your friends.

  14. FKA 2010 Buyers says:

    Have to love these articles written by RE agents. Although there is some truth to these, I would say that it’s not entirely fair as well.

    9 Common Real Estate Myths That Plague Buyers and Sellers

    Set your home price higher than what you expect to get.
    You can get a better deal as a buyer if you don’t use a real estate agent. ”
    You can save money selling your home yourself
    The market will only go up
    You should renovate your kitchen and bathroom before you sell
    You’ll earn back what you spend on renovations.
    All the properties listed in the multiple listing service show up online
    Open houses sell properties.
    The agent who shows you homes or lists your home represents your interests

    http://money.usnews.com/money/personal-finance/articles/2015/08/04/9-common-real-estate-myths-that-plague-buyers-and-sellers

  15. FKA 2010 Buyers says:

    I wonder which candidate will have the best one-liner of the night.

  16. Fast Eddie says:

    FKA [14],

    That’s a beautiful list! I love this type of entertainment. My favorite one was when a realtor told me to take out a second loan to buy another house but to not reveal to the bank how I was going to use the money.

  17. FKA 2010 Buyers says:

    I could see sometime in the future, companies offering the ability to have a more advanced type (think Google cardboard) of virtual tour of homes that can done in your home. Better representation of collateral (crime stats, local township budgets, education budgets, etc) stats would be great too.

    NYC Tech Accelerator: Let’s Update “Dinosaur” Real Estate Biz

    “Real estate is a dinosaur business.”
    Aaron Block speaks as someone with industry experience and the messianic belief that he can help reshape how the industry moves forward. A former Cushman & Wakefield Senior Managing Director and now co-founder and managing director of the new real estate-focused tech accelerator MetaProp NYC, a program for technology companies that will begin operating out of Manhattan’s Flatiron Building this fall, Block is hoping to create a catalyst for the sorts of businesses that have changed so many other industries. He’s convinced that by connecting growing real estate companies with the funding and industry leaders only present in New York City, the “capital of the real estate universe,” he and his partners will fill an important niche in a growing real estate tech scene.

    http://curbed.com/archives/2015/08/04/metaprop-new-york-real-estate-tech-accelerator.php

  18. FKA 2010 Buyers says:

    [16] Fast Eddie

    Some are financial advisors …lol

  19. NJT says:

    “when a realtor told me to take out a second loan to buy another house but to not reveal to the bank how I was going to use the money.”

    Did that once back in 1995 – ‘Realtor’ didn’t tell me. My best investment, ever.

    Loan officer was wary but I told her “I’ll just go someplace else”.

  20. leftwing says:

    “controlling women’s bodies is their permanent obsession
    @business: GOP leadership is torn over whether to threaten a government shutdown in order to defund Planned Parenthood”

    Ah, the liberal mind……

    Only in the leftist sphere could providing zero = control.

  21. FKA 2010 Buyers says:

    [19] NJT

    In all seriousness, there are situations when you need money but traditional means may not be available. Had a few friends who used a HARD money lender to purchase a 2 year old condo for 75k on Brickell Drive in Miami back in 2012. Good investment for them.

  22. JJ says:

    Wait till NJ assessor office gets ahold of 40 months of price increases. They are going to tax you to death.

  23. Banco Popular Trust Preferred Shares says:

    Haute Cuisine (clot Edition):
    CEDAR RAPIDS, Iowa – The real money at one Taco Bell is not the plum job as senior cashier. Rather, the cash windfall goes to the guy working in the back at this one Iowa fast food joint, where he was apparently running a methamphetamine lab for all eastern Iowa to enjoy. Cops arrested the Taco Bell employee and one of his buddies early yesterday, as they were lingering around the restaurant at an odd hour. It did not take long to discover the remnants of the makeshift meth lab, just a few feet from the chalupas. Taco Bell’s standard response: “Live Mas!”

  24. grim says:

    Los Pollos Hermanos

  25. JJ says:

    A woman who has sex with…a tree?
    You read that correctly. I wish I were joking.

    According to Closer magazine, Emma McCabe, 31, claims the sex she’s had with a tree she named “Tim” is the best she has ever had — thus the reason she now wants to tie the knot with it.

    She told the magazine she was fed up getting her heart broken, so she proceeded to give trees a try.

    She describes their intimate encounters quite vividly:

    “He fulfills my emotional and sexual needs. I orgasm by rubbing against the bark naked. I love the feeling of skin-on-bark-contact, which gives me a more pleasurable pain sensation, and the feel of his leaves against my skin makes me tingle. I have sex with him every week– it’s the best I’ve ever had!”

    McCabe goes on to say that she’s had boyfriends, but never has she connected with anyone like Tim. She loves him and now wishes to marry him.

    Not surprisingly, her family thinks she’s completely lost it.

    One has to have a screw loose to do something like this — no question. What made her choose trees is anyone’s guess. Why not lawn chairs? Statues? Mannequins? Refrigerators?

    Regardless, we’ve heard stories of mentally disturbed people having sex with animals for quite a while. It seems they are now trying to outdo each other by setting their sights on inanimate objects.

    I can only imagine the look on the priest or minister’s face when McCabe declares her intention to marry a tree.

    People have lost their minds! I really hope that this is all yet another publicity stunt. You’d be amazed at the things people are willing to do to draw attention to themselves.

    What’s your take on people like McCabe who have sex with and have professed their love for trees, chairs, animals, and the like? Has McCabe “barked up the wrong tree”?

  26. JJ says:

    BPOPP, BPOPP, BPOPN are actually good stock buys and Chifi is making fun of them.

  27. Libturd at home with Strep says:

    So far this earnings season, my DIVERSIFIED portfolio in my investment club is 7 for 8 on beating both top and bottom line estimates.

  28. Libturd at home with Strep says:

    Gentex only met on EPS.

  29. Libturd at home with Strep says:

    I give up. Everything I enter gets rejected.

  30. Anon E. Moose says:

    Re: [23];

    There was a KFC on SI that had a notorious weed business out the drive thru window. You placed a side order by asking for “extra biscuits”.

  31. Libturd at home with Strep says:

    You used to be able to score coke from the right most cash only lane at the Union Toll Plaza (in the 80s). It came packaged beautifully in a token sleeve.

  32. grim says:

    You are going right to blacklist

  33. Libturd at home with Strep says:

    Do Yankee fans still hate A-rod? Besides Texiara, he seems to be the only talent on the team besides Tanaka.

  34. Libturd at home with Strep says:

    I know Grim. I it went to Mod, I’d let you know.

  35. JJ says:

    We love AROD. Who the heck is Texiara? He is a 20 watt bulb and AROD is a 100 watt bulb.

    Next season if AROD stays healthy this season pretty much every single at bat is breaking some type of record.

    Most homeruns in history of baseball on his birthday is one record.

    One of a very small club to hit homeruns in four different decades of his life. Teens to 40s.

    And his RBI total is impressive as the PEDS are for HRs, no walks and singles and he gets on base all the time.

    Plus he slept with Madonna and did not get crabs.

    Libturd at home with Strep says:
    August 5, 2015 at 10:59 am
    Do Yankee fans still hate A-rod? Besides Texiara, he seems to be the only talent on the team besides Tanaka.

  36. nwnj says:

    I heard you can get baby body parts from planned parenthood by referring to them as specimens. Progressives want the rest of us to subsidize their activities.

  37. Ragnar says:

    Not Joyce,
    Greenspan is an interesting case, not unlike the character Gail Wynand in The Fountainhead. Greenspan had studied under Rand in the 60s and even wrote what I consider to be a few decent short essays in her book Capitalism: The Unknown Ideal under her tutelage. But he totally sold out for a career in political power and central planning.

    From 87 until a few years ago there was some debate within the Objectivist community, about whether he was agent for good working from within the system, or whether he had merely sold out for power. One acquaintance had actually worked for him at Greenspan and Associates, an economic forecasting firm. They tried to do input output analysis using a bunch of computers, but apparently Greenpan was no better than most economists at forecasting – meaning not good. Thus Greenspan flipped into political positions. Like a job with Ford advising a dumb anti-inflation plan that didn’t work. Like a job with Reagan bailing out social security for a few decades (not an Objectivist task). Another acquaintance whose field is economics pointed out that Greenspan was basically a Keyensian, despite his time with Rand. He was one of the lecturers at the Ayn Rand Institute, and an outspoken critic of Greenspan as far back as the early 90s criticizing him for selling out what principles he may have once professed, to essentially become a central planner, and not a central planner arguing in favor of ending central planning. Early in his central planner career, he made some passing comments that vaguely praised free markets and the gold standard, but this economist pointed out that Greenspan, who once wrote an essay for Ayn Rand favorable to the gold standard, ended up being against gold in a Reagan commission set up to investigate a return to the gold standard. From what I heard, some of Greenspan’s old friends wanted to believe that he was still privately holding good views, and trying to improve things from the inside. But an objective observer could see that he was using the wrong principles and aiming at the wrong ends (making himself a powerful bureaucrat in DC).

  38. The Great Pumpkin says:

    Bingo, the cycles never end. Great post!

    Not Joyce says:
    August 5, 2015 at 8:47 am
    People this is an echo bubble. Saw this before.

    Had Real Estate license out of high school. Let it expire, was to young, so no one would trust me for RE transactions. But saw fist hand the late 80′s boom and crash.

    Saw first hand the Resolution Trust Corp sales, and how speculators bought some great investments, but most of those properties were bought by greater fools.

    There was Echo Bubble from ’91-’95 or so and then just went dead stale. The speculators were flushed out of the system, and all went into the stock market with Greesnpan’s low interest gimmicks.

    We are there again today. This is an echo bubble.

    By the way, Ragnar. Why is it, that a great fan of Ayn Rand and gold as Greenspan is/was turn out to be the world’s biggest 0%/bubble blowing manipulator maestro.

  39. The Great Pumpkin says:

    As long as greed is running the show, the spoils always go to special interests.

    Not Joyce says:
    August 5, 2015 at 9:04 am
    Phoenix the fight is Corporate State vs State Corporatism, that is all. Different interest get the spoils.

    Corporate State – > Medicare, VA Healthcare, Medicaid -> All become contracted HMO plans like Medicare Advantage presently. All government monies go to big corporations, w who kick back donations to the ruling party. Who benefits -> Cigna-Aetna, Humana, United, Hackensack-Meridian, Robert Wood Johnson-Barnabas, Genesis ElderCare, Big Pharma, etc. Mom & Pop are told what, when, where and how by their HMO. Those mythical Obamacare death panels but with a name like “United Health Health Excellence Management Team”.

    State Corporatism -> Medicare, VA Healthcare, Medicaid – > Are rolled up into one basic Medicare like Universal Payer insurance. Government monies goes directly to medical provider groups, providing hospitals. Mom & Pop have more choices.

    So voters vs big monies, who wins??

  40. The Great Pumpkin says:

    You really hit the nail on the head. Love your posts.

    phoenix says:
    August 5, 2015 at 9:10 am
    The candidate I am looking for would be one who is concerned about the trade deficit.
    Blah Blah Blah military.
    Sure you need defense, military is important.
    When your economy is in the toilet you implode from the inside.
    You become your own worst enemy.
    You need to protect your family aka America.
    You trade with others, but home comes first.
    Those with world vision don’t put America first. That’s why your neighbors are suffering. The world is their playground. You are not one of them. You are a commodity like something in the market. And so are your children.
    Those who market trinkets to your children are not your friends.
    Those who collect your information are not your friends.
    Those who try to get you into debt are not your friends.
    Those who try to get you to compete for work against children in factories are not your friends.
    Those that bring in foreign workers to undermine your neighbors jobs are not your friends

  41. The Great Pumpkin says:

    Yup, it’s the definition of insanity. How can you take these political parties playing good cop/bad cop on people’s beliefs seriously? It’s a complete joke.

    Grim says:
    August 5, 2015 at 8:49 am
    Can’t imagine the cognitive dissonance in the extremist republican mind that tries to rationalize a position that is simultaneously anti birth control, anti social support, and pro economy.

    Teen childbirth is a huge contributor to lifelong poverty and income inequality.

    Seems odd that one would take a hardline stance against a set of behaviors that not only improves economic prospects, but will likely reduce the amount of social services required.

  42. The Great Pumpkin says:

    When will you realize that the type of system doesn’t matter as long as the people running the show are based on honesty and not filled with greed. You are making excuses for your boy, the system broke under his leadership because he turned to greed. Simple as that.

    Ragnar says:
    August 5, 2015 at 11:54 am
    Not Joyce,
    Greenspan is an interesting case, not unlike the character Gail Wynand in The Fountainhead. Greenspan had studied under Rand in the 60s and even wrote what I consider to be a few decent short essays in her book Capitalism: The Unknown Ideal under her tutelage. But he totally sold out for a career in political power and central planning.

    From 87 until a few years ago there was some debate within the Objectivist community, about whether he was agent for good working from within the system, or whether he had merely sold out for power. One acquaintance had actually worked for him at Greenspan and Associates, an economic forecasting firm. They tried to do input output analysis using a bunch of computers, but apparently Greenpan was no better than most economists at forecasting – meaning not good. Thus Greenspan flipped into political positions. Like a job with Ford advising a dumb anti-inflation plan that didn’t work. Like a job with Reagan bailing out social security for a few decades (not an Objectivist task). Another acquaintance whose field is economics pointed out that Greenspan was basically a Keyensian, despite his time with Rand. He was one of the lecturers at the Ayn Rand Institute, and an outspoken critic of Greenspan as far back as the early 90s criticizing him for selling out what principles he may have once professed, to essentially become a central planner, and not a central planner arguing in favor of ending central planning. Early in his central planner career, he made some passing comments that vaguely praised free markets and the gold standard, but this economist pointed out that Greenspan, who once wrote an essay for Ayn Rand favorable to the gold standard, ended up being against gold in a Reagan commission set up to investigate a return to the gold standard. From what I heard, some of Greenspan’s old friends wanted to believe that he was still privately holding good views, and trying to improve things from the inside. But an objective observer could see that he was using the wrong principles and aiming at the wrong ends (making himself a powerful bureaucrat in DC).

  43. Ragnar says:

    Why do republicans hate abortions? Because they know people whose imaginary friend told them it’s not allowed.

  44. Ragnar says:

    Cartman gives some excellent advice to knocked up girls.
    http://southpark.cc.com/clips/165718/how-white-girls-cheat

  45. joyce says:

    As brazen as the apparent behavior of officers that day is the argument being made by their lawyers. The three unidentified officers and their union are attempting to suppress the video’s use in ongoing disciplinary action against them by the city and police department.

    In a lawsuit, the Santa Ana Police Officers Association and the three police officers argue that the video does not paint a fair version of events, and that it should not be allowed as evidence because the police had a reasonable expectation of privacy since they thought they had disabled all of the dispensary’s cameras.

    “We believe that under California law, if you are being recorded, or eavesdropped on—which is the legal term for it—without your knowledge or consent, that it is illegal,” Corey Glave, the attorney representing the SAPOA and the three officers, told The Daily Beast. “Upon the direction of supervisors, all the cameras were disabled, so once those cameras were disabled, there was no expectation that there were any other cameras or that they were being recorded.”
    http://www.thedailybeast.com/articles/2015/08/05/stoned-cops-forgot-to-kill-security-cam.html

  46. Ragnar says:

    Pumpkin, your reading comprehension is a fail.

  47. The Great Pumpkin says:

    No, yours is. You blame Greenspan for not following your idols prescription and a bunch of other bs. I’m stating Greenspan failed as a leader in the economy due to greed. Give me any f’en economic system and it will work if you have leaders that are honest and not consumed with greed. Why do you fail to understand this?

    You think the problem with society is the economic system and policies. I’m stating that you are dead wrong. It has nothing to do with that and everything to do with bad leadership that is overcome with greed and selling bs. That’s where every system fails. Keep blaming the economic systems and the policies. Free market sure can overcome corruption to work efficiently, right? I said right?

    Ragnar says:
    August 5, 2015 at 1:13 pm
    Pumpkin, your reading comprehension is a fail.

  48. nwnj says:

    So today we learned Ragnar spends his time watching south park and reading the interpretations of alan greenspan. A real person of depth I can tell.

  49. The Great Pumpkin says:

    The Great Pumpkin says:
    Your comment is awaiting moderation.
    August 5, 2015 at 2:16 pm
    No, yours is. You blame Gre$nspan for not following your idols prescription and a bunch of other bs. I’m stating Gre$nspan failed as a leader in the economy due to greed. Give me any f’en economic system and it will work if you have leaders that are honest and not consumed with greed. Why do you fail to understand this?

    You think the problem with society is the economic system and policies. I’m stating that you are dead wrong. It has nothing to do with that and everything to do with bad leadership that is overcome with greed and selling bs. That’s where every system fails. Keep blaming the economic systems and the policies. Free market sure can overcome corruption to work efficiently, right? I said right?

    Ragnar says:
    August 5, 2015 at 1:13 pm
    Pumpkin, your reading comprehension is a fail.

  50. The Great Pumpkin says:

    49- grim, in mod and no idea why

  51. The Great Pumpkin says:

    No, yours is. You blame Gre$nspan for not following your idols prescription and a bunch of other bs. I’m stating Gre$nspan failed as a leader in the economy due to greed. Give me any economic system and it will work if you have leaders that are honest and not consumed with greed. Why do you fail to understand this?

    You think the problem with soc!ety is the economic system and policies. I’m stating that you are dead wrong. It has nothing to do with that and everything to do with bad leadership that is overcome with greed and selling bs. That’s where every system fails. Keep blaming the economic systems and the policies. Free mark*t sure can overcome corruption to work efficiently, right? I said right?

    Ragnar says:
    August 5, 2015 at 1:13 pm
    Pumpkin, your reading comprehension is a fail.

  52. The Great Pumpkin says:

    No, yours is. You blame Greenspan for not following your idols prescription and a bunch of other bs. I’m stating Greenspan failed as a leader in the economy due to greed. Give me any economic system and it will work if you have leaders that are honest and not consumed with greed. Why do you fail to understand this?

    You think the problem with society is the economic system and policies. I’m stating that you are dead wrong. It has nothing to do with that and everything to do with bad leadership that is overcome with greed and selling bs. That’s where every system fails. Keep blaming the economic systems and the policies. Free market sure can overcome corruption to work efficiently, right? I said right?

    Ragnar says:
    August 5, 2015 at 1:13 pm
    Pumpkin, your reading comprehension is a fail.

  53. The Great Pumpkin says:

    46- You blame Greenspan for not following your idols prescription and a bunch of other bs. I’m stating Greenspan failed as a leader in the economy due to greed. Give me any f’en economic system and it will work if you have leaders that are honest and not consumed with greed. Why do you fail to understand this?

    You think the problem with society is the economic system and policies. I’m stating that you are dead wrong. It has nothing to do with that and everything to do with bad leadership that is overcome with greed and selling bs. That’s where every system fails. Keep blaming the economic systems and the policies.

  54. The Great Pumpkin says:

    F this filter. I give up trying to get the post through.

  55. joyce says:

    love the filter

  56. Ragnar says:

    nwnj,
    South Park does some of the best satire around, I cannot deny it. Every watch the episode “Margaritaville” about the financial crisis, where we learn how the government decides what to do with failing financial institutions? https://www.youtube.com/watch?v=wz-PtEJEaqY
    Yes, as someone who’s been involved in finance for the last 25 years, I needed to have an opinion about what central planners at the Fed are up to. Notice how much time people still spend counting the hairs on Janet Yellen’s moles? Greenspan was harder to read than most, because he wove a bigger web of deception and obfuscation than most central planners at the Fed.

  57. leftwing says:

    “Can’t imagine the cognitive dissonance in the extremist republican mind that tries to rationalize a position that is simultaneously anti birth control, anti social support, and pro economy.

    Teen childbirth is a huge contributor to lifelong poverty and income inequality.

    Seems odd that one would take a hardline stance against a set of behaviors that not only improves economic prospects, but will likely reduce the amount of social services required.”

    I disclaim any association with the Republican party, reside on the ‘far right’ economically, and totally agree with you.

    One should not oppose abortions especially given the argument above. In fact, they ought to be mandated for teens and other “low economic” situations. The economic arguments are overwhelming.

  58. Grim says:

    I also think politicians have no purpose in a discussion about medical ethics.

  59. Grim says:

    And it’s not because politicians have no ethics.

  60. Grim says:

    Cecil who? Zimbabwe don’t care. Best piece in the NYT in months:

    http://mobile.nytimes.com/2015/08/05/opinion/in-zimbabwe-we-dont-cry-for-lions.html

  61. FKA 2010 Buyers says:

    [54] Grim

    Killing a lion or any animal for that matter that is threaten the general population or livestock, or for food is justified in my eyes. Killing an animal because you want a new mantle piece or bragging rights..not so much.

    Having said that, hunting wild boar with nothing but a knife is pretty kick a$$. Can donate the meat to the local food bank.

  62. The Great Pumpkin says:

    This author makes me sick. Definition of stupidity. Killing all the lions won’t make your family safe. Humans are more of a threat to your family than lions. Also, because America made mistakes in its development before your country did, it now makes it okay to justify ruining yours? All in the name of “America did” so “we can too”? Talk about acting like a child.

    I can act like a child too and tell this author to go live in a city if he is worried about some endangered species killing his family. Cheer on the trophy hunt of endangered species you stupid idiot. Pathetic.

    Grim says:
    August 5, 2015 at 4:50 pm
    Cecil who? Zimbabwe don’t care. Best piece in the NYT in months:

    http://mobile.nytimes.com/2015/08/05/opinion/in-zimbabwe-we-dont-cry-for-lions.html

  63. grim says:

    Did you completely miss the part where the U.S. Media invented the outrage to make a story?

  64. The Great Pumpkin says:

    Rightfully, so. If our citizens are going to go flashing thousands of dollars to locals to lure a lion (a lion with a family trying to survive too) out of a national park and then killing it for no reason other than to support “ego”, damn right this story should come out. Nothing to fabricate. It’s messed up.

    Grim says:
    August 5, 2015 at 6:11 pm
    Did you completely miss the part where the U.S. Media invented the outrage to make a story?

  65. grim says:

    Nobody seemed to have any problem with Zimbabwe lion hunting before this story… Just sayin.

  66. grim says:

    “I am Cecil”

  67. grim says:

    Seems that most social outrage in the U.S. lately is based on little more than what is trending on Twitter. Somewhat more bothersome is that the half life of the widespread uproar is measured in hours.

  68. The Great Pumpkin says:

    Yes, we are fed our news. Better this than clowns like Christie occupying our headlines. This serves a valid purpose. We must live in balance with nature. Not destroy it.

    grim says:
    August 5, 2015 at 6:19 pm
    Nobody seemed to have any problem with Zimbabwe lion hunting before this story… Just sayin.

  69. A Home Buyer says:

    Way to fit in exactly with the last sentiment of that article, troll.

  70. A Home Buyer says:

    Incase you didn’t get that far,


    We Zimbabweans are left shaking our heads, wondering why Americans care more about African animals than about African people.


    Don’t tell us what to do with our animals when you allowed your own mountain lions to be hunted to near extinction in the eastern United States. Don’t bemoan the clear-cutting of our forests when you turned yours into concrete jungles.


    And please, don’t offer me condolences about Cecil unless you’re also willing to offer me condolences for villagers killed or left hungry by his brethren, by political violence, or by hunger.

  71. Ragnar says:

    Home Buyer,
    Lions are more special to Pumpkin than black people.
    And rich dentists anger him when they go around flashing cash outside of NJ.

  72. leftwing says:

    “Lions are more special to Pumpkin than black people.
    And rich dentists anger him when they go around flashing cash outside of NJ”

    Don’t forget Pumpkinomics from a week or so ago. He has a super secret ethical theory how income inequality is unjust in America but less so specifically in Africa because they don’t see the comparative wealth.

    And btw there are wealthy dentists able to pay $50k for a hunting trip in, of all places, Minnesota!?!?! Can’t be, what is this guy thinking. MN is part of the American wasteland that isn’t NNJ. No wealth or high standard of living allowed!!

  73. leftwing says:

    Bet his neighborhood $ucks. Must, taxes aren’t nearly high enough.

  74. The Great Pumpkin says:

    Sure, minn also proves the economic bs that comes out of your mouth wrong.

    “Since 2011, Minnesota has been doing quite well for itself. The state has created more than 170,000 jobs, according to the Huffington Post. Its unemployment rate stands at 3.6% — the fifth-lowest in the country, and far below the nationwide rate of 5.7% — and the state government boasts a budget surplus of $1 billion. Forbes considers Minnesota one of the top 10 in the country for business.

    Given that Minnesota’s governor is a well-connected millionaire whose family controls the Target fortune, one could be forgiven for thinking this was the result of embracing the corporate world. But in fact, over the past four years, the state has undergone a series of policy reforms that most of the corporate world decries: It has imposed higher taxes on the wealthy and raised the minimum wage.

    When each of these progressive policies was initially proposed, Minnesota Republicans made dire predictions about their effects on the economy, and argued that bleeding-heart concerns about economic fairness would stifle growth. Despite all the warnings, Minnesota’s economy hasn’t tanked. Instead, it’s sailing with greater force than it has in years.”

    http://m.mic.com/articles/111424/2-years-after-raising-taxes-on-the-rich-here-s-what-happened-to-minnesota-s-economy

  75. The Great Pumpkin says:

    You act like I state that there are not areas with money in every state. Sure, there are, but nothing like the concentration of wealth in northern nj or the nyc metro area in general. Hence, the higher cost of living because the area caters to vast population of people with lots of money. Show me an area in minn where it’s town after town of millionaires. You prob won’t even find a whole town of millionaires, only neighborhoods.

  76. The Great Pumpkin says:

    Yes, I pointed that out in my post. I don’t value human life more than another life. There is no reason to be killing lions for sport. There really is no reason to kill them for food either, being endangered, and the fact that we can survive on other sources of meat that are more plentiful. I stand by my opinion that this individual is biased and looking at it from a selfish point of view in which only his family matters and not the life of an endangered spieces.

    A Home Buyer says:
    August 5, 2015 at 7:06 pm
    Incase you didn’t get that far,

    We Zimbabweans are left shaking our heads, wondering why Americans care more about African animals than about African people.

    Don’t tell us what to do with our animals when you allowed your own mountain lions to be hunted to near extinction in the eastern United States. Don’t bemoan the clear-cutting of our forests when you turned yours into concrete jungles.

    And please, don’t offer me condolences about Cecil unless you’re also willing to offer me condolences for villagers killed or left hungry by his brethren, by political violence, or by hunger.

  77. The Great Pumpkin says:

    Kill every threat to mankind! The people must be safe! Funny that you take the position of caring for people when your economic positions dictate the complete opposite position.

    Ragnar says:
    August 5, 2015 at 7:28 pm
    Home Buyer,
    Lions are more special to Pumpkin than black people.
    And rich dentists anger him when they go around flashing cash outside of NJ.

  78. leftwing says:

    Oh, my Punkin….

    “Show me an area in minn where it’s town after town of millionaires. You prob won’t even find a whole town of millionaires, only neighborhoods”

    So naive. I really hate taking the shiny wide eyed look off young boys’ faces when they hear there is no Santa Claus….

    Millionaires…hmmm. Would be interesting to define what exactly that means…liquid? Primary residence? Doesn’t matter. Let’s talk about your *whole towns* of millionaires.

    Is NNJ more prosperous than other areas? Yes. Is 95% of that due to NYC proximity? Yes. Can the same be said for Westchester and Fairfield Co? Yes. So agreed, NYC metro, of which NNJ is one piece, is more prosperous because of NYC. Whole towns, LOL.

    I’ve had several NJ businesses. Developed houses, all north of $2m. Have a business that sells high end services, $10k tag, 400+ customers among the best zip codes in the State. You have no idea what the actual state of the balance sheets of families are behind those four walls. The facade covers a precarious state in many more instances than you know.

    And, btw, that is why NNJ is so special to you? Because it has “towns and towns” of millionaires? And MN is so wrong, because you can “only find neighborhoods of millionaires, not whole towns”? That’s your yardstick? Of everything you could have typed, that is what you chose?

    You are right. I am going to stop picking on you. I thought you were a clueless, arrogant little pr1ck. You’re not. Just a very messed up insecure confused little man.

  79. A Home Buyer says:

    Troll,

    So his family deserves it if they are mauled by a lion? I forget African cities are an awesome place to live in and that it’s selfish to not care if a local predator is killed.

    How convenient from the American who obliterated every carnivore and predator from their continent. New Jersey should really get the bear, wolf, cougar, and coyote population back I guess. It’s great population control to have your child dragged off by a predator.

    To me, you lost the right to give a hoot when you also decided America should step down from international politics and wind down the military. Can’t have it both ways.

    Nut up or shut up.

  80. The Great Pumpkin says:

    Bernie!! Let’s go!! Feel the Bern!!

    “Polls once extolling Hillary Clinton’s enormous lead over Sanders are now dwindling for the same reason Sanders beats Republicans in various other polls: Americans have had enough of dynasties, scandals, wars, and Wall Street corruption. I will be voting for Bernie Sanders because I too have had enough of endless wars, and Bernie says “I’ll be damned” if more Americans are sent back to fight in the Middle East. I’ll also be voting for Sanders because like the polls illustrating his lightning fast surge, more and more Americans have had enough with a two-party system that doesn’t give people a choice. I want my Democratic nominee to vote against counterinsurgency wars and vehemently oppose environmental disasters in the making like Keystone XL, not evolve towards the most politically expedient position available at the time.
    As for data indicating Bernie Sanders can win the Democratic nomination, the Huffington Post explains how quickly he’s narrowed the lead in New Hampshire in an article titled Bernie Sanders Is Narrowing The Gap With Hillary Clinton In The Granite State:
    Bernie Sanders is closing in on Hillary Clinton, according to new polling from New Hampshire.
    In a WMUR/University of New Hampshire poll released Tuesday, the Vermont senator is in a statistical tie with the Democratic presidential frontrunner, trailing her by six percentage points, which is just within the poll’s margin of error…
    Sanders and Clinton are virtually tied in terms of net electability, polling at 30 percent and 32 percent, respectively.
    With Sanders already surging in Iowa, and now virtually tied with Clinton in New Hampshire, it’s important to remember that Vermont’s Senator is doing something most observers once thought to be an impossibility. He has a great chance of winning the first two contests on the road to the Democratic nomination, while his challenger deals with subpoenas from Congress and other scandals. Every classified email uncovered by the FBI dooms one candidate, while paving the way for Sanders.”

    http://m.huffpost.com/us/entry/7937906?ncid=fcbklnkushpmg00000063

  81. The Great Pumpkin says:

    Lefty, go live in a state that you love. You don’t appreciate what nj’s wealth concentration brings to the table. It’s nothing special, yet you have made a career of making money of these people. Leave the state and let someone else that appreciates jersey make the money.

  82. The Great Pumpkin says:

    Of course, make it seem like I support families being killed by predators. I’m saying its 2015, the humans can do something about their situation instead of having to resort to cheering on a trophy hunt kill of an endangered spiecies to feel safe. It’s sick to cheer on the killing of endangered species. It’s as greedy and selfish as they come.

    The bottom line, this lion was protected in a national park and was lured out in the name of money to have his head put on a wall. Disgusting.

  83. The Great Pumpkin says:

    You are even more pathetic for supporting it and busting my balks for it. You right wingers care so much for human lives until it comes to dividing up the money. Then it’s the rule of the “strongest survive” and “I got mine, get yours”. How do you take such contrasting positions? Doesn’t make much sense.

  84. A Home Buyer says:

    Troll,

    I had to try real hard to twist your words:

    This author makes me sick. Definition of stupidity. Killing all the lions won’t make your family safe. Humans are more of a threat to your family than lions.
    or

    I can act like a child too and tell this author to go live in a city if he is worried about some endangered species killing his family. Cheer on the trophy hunt of endangered species you stupid idiot. Pathetic.

    And who said I am cheering it on? Because I’m not typing tears on Twitter or some other corner of the interweb? If the dentist broke a law, extradite him back to Africa and have him rot in a jail if found guilty. That is what the Law is for. If he uses his influence to skirt the law… then we should take up arms as is true for any case.

    Even still, there is no reason this event should have become a moral crisis for America when we cannot even keep our own wildlife safe from developers, hunters, and the byproducts of industry. We clear cut the entire North East 100 years ago for logging and furnace fuel. We decimated entire regions in the name of progress. WE STILL ARE.

    So here you are willing to protest and fight for a the rights of a lion in Africa. Why are you not protesting the civil rights abuses of Women in that country? Of rap3 as a weapon of war. Of children forced into slavery or combat. Of numerous other war crimes and humans right abuses. Of terrorism on a daily basis. Of poverty. Of starvation.

    When’s the last time you tied yourself to a tree, fought a developer, even picked up garbage along the side of the road?

    No, you pick the Lion because its easy and makes you feel good from your sofa. You are shopping for the latest feel good cause and a reason to rail against a rich jackass, and the author called you out.

    And no, I bust your balls because your a troll who plays the part of an entitled prick who likes to troll.

  85. The Great Pumpkin says:

    lions can neither defend themselves or speak up for themselves. They are at the point of extinction, but I should ignore the problem some more just because the other problems have to do with human beings and they always come first?

    “So here you are willing to protest and fight for a the rights of a lion in Africa. Why are you not protesting the civil rights abuses of Women in that country? Of rap3 as a weapon of war. Of children forced into slavery or combat. Of numerous other war crimes and humans right abuses. Of terrorism on a daily basis. Of poverty. Of starvation.”

  86. A Home Buyer says:

    Troll,

    So you plan on doing something to help lions besides post on a conservative leaning board about the injustices of poaching?

    Wonderful, I cannot wait to hear about it.

  87. Ragnar says:

    I think this board may lean fiscal conservative, but I don’t think it is Conservative in general. I’m not.
    I’m a radical for reason, egoism, individual rights, and capitalism. Most conservatives are against 75% or more of that.

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