From CNBC:
Experts sharply divided over whether surging home prices signal new bubble
We’re living in a very different housing world today — from tighter credit to stricter regulations — compared with the dark days of the crash, but rising residential prices are starting to spark concern again, according to a major real estate investor and a leading real estate attorney who appeared Friday on CNBC.
But Ethan Penner, managing partner at Mosaic Real Estate Investors, and Shari Olefson, attorney and director of The Carnegie Group think tank, disagree about whether the crosscurrents in the property market are pointing to a bubble.
The housing market has been putting out a lot of mixed signals in this spring buying and selling season. On the one hand, there’s solid, strong demand for housing. But on the other, low supply has pushed prices through the roof again, leading to weaker-than-expected home sales.
Penner told “Squawk Box” that he’s not worried about these factors causing a bubble. “We are clearly at very high pricing by historical standards. But that’s true of every financial asset. And in my mind, it’s more of a reflection of [Federal Reserve] interest rates policy than anything else.”
Average housing prices rose 5.2 percent in March, according to the S&P/Case-Shiller national home price index, which was just 4 percent shy of its 2006 peak after falling nearly 30 percent by 2012.
Olefson sees bubbles in some markets, citing the rate of housing price increases outpacing wage rises as a red flag.
Another factor sopping up supply and increasing prices is the return of the house flippers. Trying to take advantage of rising prices, investors are scooping up properties for cash, which tends to be more attractive to sellers. That’s leaving mortgage-dependent buyers out in the cold.
The other side of the low-supply coin are the 4 million would-be sellers stuck in place because they’re underwater, according to property analytics firm CoreLogic. In fact, about 18 percent of all homeowners with a mortgage have less than 20 percent equity, so they’re not selling yet.
…
Additionally, Olefson said she’s concerned about how the 2008 housing crash has changed the way Americans think about homeownership.“We have removed the stigma associated with foreclosures. Before the bubble and the crisis, nobody really knew what would happen if they went into foreclosure. No one knew what a short sale was. That is [now] common vernacular,” she contended.
“When Americans start looking at housing as something to speculate on,” she said, “that’s actually the biggest indicator I think in this modern-day housing world of a bubble.”
Penner countered by saying speculation should not be viewed as an overly worrisome sign. “Speculative orientations exist in every market all the time.”
Debt to GDP is now 104% ,there is your bubble
Self loathing gay terrorist?
I see the brain trust was out in force here yesterday pinning Orlando on “Muslim terrorism” . Meanwhile this guy was a regular at the club, chatted up dudes on grinder, and married to women. Typical conservative closet case, angry that he’s too afraid to live openly as himself. Of course in free “Christian” America it is still legal to fire someone for being gay in 29 states, including Florida and gays are bashed on the regular, kicked out of their homes (40% of homeless kids are LGBT), so is it any wonder these idiots lash out?
As for his declared allegiance to Isis, ince he was wearing an NYPD shirt in his selfies I guess we can assume they’re responsible for his thoughts and motives too.
BTW, I wonder how many gay kids died in the streets after their Christain parents kicked them out, prob way, way, way more than 50. We know how many gay men died when good American Christians did nothing during the height of the AIDS crisis. We also know how many good Christians voted to make gays second class citizens by banning marriage equality not even 10 years ago. Even now, floridas governor can’t bring himself to mention gays when a slaughter happens in a gay club in his state. But let’s blame Muslims for this.
Great example in #3 of why Hillary will lose the election.
Apparently a guy shouting allah Akbar and pledging to ISIS is the fault of conservative Christians… sure….
Naïve worldview mixed with progressive political correctness. People have had enough of it.
[3] Ottoman – I agree with your final sentence, but the preceding paragraphs are garbage.
Religion of
peacepieces of human bodies scattered everywhere.That’s awesome.
chi says:
June 13, 2016 at 11:00 pm
My 11th grade social studies teacher……
http://www.newsweek.com/lin-manuel-miranda-alexander-hamilton-teacher-introduced-467638
What exactly is the Islamic position on gay rights? What does Sharia law state about homosexuality?
Yemen – Death by Stoning
Iran – Death
Mauritania – Death by Stoning
Nigeria – Imprisonment and Death
Qatar – Death
Saudi Arabia – Death by Stoning
Somalia – Imprisonment and Death
Sudan – Flogging then Death
From the WSJ this morning:
Islam’s Jihad Against Homosexuals
I offer an explanation in the form of four propositions.
1. Muslim homophobia is institutionalized. Islamic law as derived from scripture, and as evolved over several centuries, not only condemns but prescribes cruel and unusual punishments for homosexuality.
2. Many Muslim-majority countries have laws that criminalize and punish homosexuals in line with Islamic law.
3. It is thus not surprising that the attitudes of Muslims in Muslim-majority countries are homophobic and that many people from those countries take those attitudes with them when they migrate to the West.
4. The rise of modern Islamic extremism has worsened the intolerance toward homosexuality. Extremists don’t just commit violence against LGBT people. They also spread the prejudice globally by preaching that homosexuality is a disease and a crime.
…
Under Shariah—Islamic law—those engaging in same-sex sexual acts can be sentenced to death in nearly a dozen countries or in large areas of them: Iran, Saudi Arabia, Yemen, Sudan, the northern states of Nigeria, southern parts of Somalia, two provinces in Indonesia, Mauritania, Afghanistan, Qatar, the United Arab Emirates. Death is also the penalty in the territories in northern Iraq and Syria controlled by ISIS.
Iran is notorious for hanging men accused of homosexual behavior. The Associated Press reports that since 2014 ISIS has executed at least 30 people in Syria and Iraq for being homosexual, including three men who were dropped from the top of a 100-foot building in Mosul in June 2015.
No fewer than 40 out of 57 Muslim-majority countries or territories have laws that criminalize homosexuality, prescribing punishments ranging from fines and short jail sentences to whippings and more than 10 years in prison or death.
These countries’ laws against homosexuality align with the attitudes of the overwhelming majority of their populations. In 2013 the Pew Research Center surveyed the beliefs of Muslims in 36 countries with a significant Muslim population or majority, including asking about their views of homosexuality. In 33 out of the 36 countries, more than 75% of those surveyed answered that homosexuality was “morally wrong,” and in only three did more than 10% of those surveyed believe that homosexuality was “morally acceptable.”
I guess the islamist who killed the cop and his wife overnight in France was the fault of the Christian right also…
Vote for Trump.
“How do you hedge against a Donald Trump presidency? It’s a question Wall Street traders are increasingly asking.
Citigroup Inc. and Barclays Plc say they have figured out at least one part of the answer: Short the Mexican peso. For any number of reasons, the currency would fall and fall quickly following a Trump victory in November, analysts at the banks say.”
http://www.bloomberg.com/news/articles/2016-06-14/as-wall-street-frets-over-trump-a-sure-fire-short-trade-emerges
From the Washington Times:
Imam speaking in Orlando said gays should be killed ‘out of compassion’
An Islamic scholar who spoke earlier this year at an Orlando mosque has previously said gay people should be killed according to Islamic law “out of compassion.”
“Death is the sentence,” Sheikh Farrokh Sekaleshfar said at a speech at the Husseini Islamic Center in Orlando in 2013. “We know. There’s nothing to be embarrassed about this. Death is the sentence.”
“We have to have that compassion for people,” he continued. “With homosexuals, it’s the same. Out of compassion, let’s get rid of them now.”
Mr. Sekaleshfar spoke again at the Islamic center in April of this year. Orlando citizens at the time said he should not have been invited, given his previous comments on homosexuality.
“It’s appalling. In fact, it’s inciting violence against gays, and I find that reprehensible,” Alan Kornman, an Orlando resident, told Channel 9 News at the time.
Arm the gays. It’s the only way.
10- All the evidence I need to vote for Trump. Wall st knows they won’t be able to take advantage of Mexico’s cheap labor at the expense of American jobs if Trump is president.
Oh bother! Yet another guy who overlooked the religi0n of peace chapter of his koran. Maybe they should start printing that part in bold?
http://www.nbcnews.com/news/world/magnanville-attacker-was-convicted-jihadi-larossi-abballa-source-n591756
Then the father comes back with this gem of a quote, are you f*cking kidding me?
Seddique Mateen told NBC his son was enraged after seeing two men kissing in front of his wife and son during a visit to Miami a couple of months ago.
The father then condemned the shooting – but shocked many as he said: ‘God himself will punish those involved in homosexuality. This [killing] is not for the servants.’
“What! Of all creatures do ye come unto the males, and leave the wives your Lord created for you? Nay, but ye are forward folk.” Qur’an 26:165
forward folk == progressives?
@HillaryClinton
If you’re too dangerous to get on a plane,
you’re too dangerous to buy a gun in America.
It’s too little too late for Hillary. She’s done everything she could to court the jihadi vote and now it’s backfired.
Kick her to the curb and let’s also slam the door shut on her mass refugee(AKA Democratic voter)resettlement program. That policy was the height of recklessness.
@juice box – if you are under an FBI criminal investigation you should delete your Twitter account and lawyer up
If you’re being investigated by the FBI…you should not be allowed to run for president in the US.
GOP’s broken (the good one) says:
June 14, 2016 at 8:26 am
@HillaryClinton
If you’re too dangerous to get on a plane,
you’re too dangerous to buy a gun in America.
@NYDailyNews
121 people were fatally shot in America last weekend
— 49 were in Orlando alone.
@JoshGreenman
After terror attack,
Trump:
1. congratulated himself
2. suggested Obama is part of a dark conspiracy
3. revoked WashPost’s press credentials
[11] I used to use Mexican pesos in laundromats and Garden State Parkway tolls. My roommate ordered them from a small ad in the back of one of his coin magazines. They came in a cotton sack of 1000 for less than $50. They didn’t work in standard “drop” vending machines, but they worked like a charm in parkway tolls and washers and dryers where you slid the coins in on those heavy steel push trays. My friend ordered them on a hunch that the part of the ad that said, “approximately the same size as a quarter” was code for something.
Trump’s idiocy requires no justification or argument, it’s clear to everyone.
And my comments are not condoning similar Christian beliefs or justifying Americas long history of bigotry.
By the way, just to make a point since many here love to mischaracterise my position, the charity I’ve been the longest contributor to is Gods Love We Deliver – and at one point years back I was a semi-regular fundraiser. This goes way back – mid 90s. To some extent GMHC as well.
Second would be National Trust for Historic Preservation – which I should also mention because this is a real estate blog.
[22] So your point is that Obama’s former chief of staff is still winning?
121 people were fatally shot in America last weekend
— 49 were in Orlando alone.
How laughable is it that Obama/Clinton apologists are trying to spin this as a non-story and definitely a non-Muslim story? Obama went as far as to say “perversions of Islam that you see generated on the Internet.” I’d be willing to make a hefty wager that these backward morons were tossing their fair share of gays off apartment buildings long before Gore invented the internet.
“The number of Chicagoans murdered this year is up more than 50 percent. Pension debt tops $20 billion, and taxes are soaring. Illinois’s governor calls the city’s government corrupt and its financially teetering schools “crumbling prisons.”
Yet McDonald’s Corp. is moving its headquarters from a sprawling, leafy campus in suburban Oak Brook to a spot just a couple of miles from one of the city’s most violent neighborhoods. The world’s largest fast-food chain is joining a parade of companies creating an island of prosperity amid urban dysfunction.
Corporations including Motorola Solutions Inc., Kraft Heinz Co. and ConAgra Foods Inc. are moving their headquarters or major offices into Chicago. McDonald’s said Monday it will relocate to the former site of Oprah Winfrey’s Harpo Studios, a bid to attract and hire millennials who, nationwide, are moving into cities.
“They’re following the labor force and they don’t want to be in the cornfields, out of sight and out of mind — they want to be where the action is,” said Donald Haider, a professor at Northwestern University’s Kellogg Graduate School of Management, describing McDonald’s return to the city it left 45 years ago.”
http://www.bloomberg.com/news/articles/2016-06-14/mcdonald-s-return-to-chicago-defies-city-s-financial-troubles
The difference is in New Jersey, when companies try to do this, they are nearly always attacked by local governments who see them as cash cows to be robbed.
“Arm the gays. It’s the only way.”
With their limp wrists, there would be a whole bunch of Plexico’s running around.
You know, like this:
http://www.northjersey.com/news/paterson-councilman-wants-st-joseph-s-hospital-to-make-600k-contribution-to-the-city-1.1615469
Councilman Andre Sayegh is looking to push St. Joseph’s Healthcare System to make a $600,000 “community service contribution” to city government.
Sayegh launched the effort to collect payment from St. Joseph’s last week, just days after the hospital stunned city officials when it pulled out of a plan to build a hotel and conference center next to its Main Street entrance. Sayegh said the apparent collapse of the hotel deal prompted him to review the hospital’s property tax status.
For decades, St. Joseph’s and other nonprofit hospitals in New Jersey had been exempt from property taxes because of their charity designation but last year a judge decided that such hospitals were subject to taxes because of their for-profit operations.
City officials have put the value of the land St. Joseph’s owns in Paterson at $68 million and say the hospital should have to pay $3 million per year in taxes. St. Joseph’s has filed an appeal in state tax court, officials said.
Sayegh said hospitals in other cities have worked out payment arrangement with their local governments. He said St. Joseph’s should start making a contribution while the court challenge is pending.
“Our coffers could use the cash,” said Sayegh. “I don’t think we can wait another year.”
At Sayegh’s request, the city law department has drafted a proposed resolution urging St. Joseph’s to make the $600,000 contribution. It will be up for discussion at the council’s workshop meeting on June 21, he said.
Maybe St Joes should close down and move out of Paterson?
Good luck to Mickey D’s. Here is the what happened to Campbell’s in Camden.
http://www.langan.com/web/download/2690/image
Ever notice that followers of some religions don’t seem to cause many problems?
https://www.youtube.com/watch?v=11p1cWrdRhs
That’s why we need smart politicians that are not in the game for selfish reasons. Someone that truly wants the best for Jersey.
grim says:
June 14, 2016 at 9:04 am
The difference is in New Jersey, when companies try to do this, they are nearly always attacked by local governments who see them as cash cows to be robbed.
TNX@1.59 over Brexit (which will never happen).
Excellent:
http://nypost.com/2016/06/14/juan-uribe-has-best-explanation-for-painful-injury/
Microsoft/LinkedIn Bloomberg story.
Memorable quotes:
““It’s an odd world where a company is awash in cash and chooses to make the acquisition with debts because they don’t want to pay tax,” said Robert McIntyre, executive director of Citizens for Tax Justice.” [Gee, Bob, ever consider your quest for social justice through the tax code distorts normal incentives?]
“Glaring Idiosyncrasy
Such convoluted accounting measures are the result of a glaring idiosyncrasy in the U.S. corporate tax code: The U.S. taxes its multinationals on profits earned anywhere around the globe, but only after the money is brought home. That might explain why companies with big offshore stores find it difficult to use their cash. By contrast, almost every other government exempts foreign profits from taxes at home.”
http://www.bloomberg.com/news/articles/2016-06-13/why-microsoft-with-100-billion-is-borrowing-to-buy-linkedin
Help!!
A few weeks ago (?) there was discussion of a book some here had read where the topic was, for lack of a better term, self actualization.
A couple of you had mentioned it helped you realize some personal habits you were unaware of. One of you (origexpat?) said it helped you in the markets by realizing you were a bit early to every trade. Grim, you may have read it as well……..
Looking for the title. can’t find it. Any help appreciated.
I swear otto is the only poster here that can make the Twitiot sound sane and reasonable.
[19] juice
For every clintonista who tweets The Donald to delete his account, the Trumpers should reply “Take the Fifth”
17-
Anon, hypothetically in the near future what if the Government decides to expand the restrictions to those that find themselves on the “no fly” list to such things as cell phones and Twitter accounts. Suppose the government tells Anon to jump and aren’t satisfied Anon jumped high enough. Anon is placed on the “no fly” list. So now you lost your cell phone and Twitter account.
Think it coudn’t happen? Think again.
http://tinyurl.com/Otto-s-motto
Gov. Hypocrite. This guy is the definition of a selfish politician.
“Gov. Chris Christie on Tuesday morning sparred with a caller to a sports radio program who challenged the governor on the amount of days he’s “missed” work.
The caller, identified as Brian, to WFAN’s Boomer & Carton Show asked Christie whether he would approve of a New Jersey teacher who “missed as many days as (Christie) did last year” and took personal time from their job to co-host radio programs.
Christie, who spent a majority of the year in 2015 out of state, shot back at Brian.”
http://www.nj.com/politics/index.ssf/2016/06/christie_spars_with_genius_caller_who_challenged_h.html#incart_river_home
This guy needs to resign asap. Just because it’s a law, doesn’t mean people don’t do it as they please. So please tax them, fat man. You are the definition of an idiot. Cry about debt, but do nothing about it. What a loser.
“As many as 10 states could join Colorado, Alaska, Washington, Washington, D.C., Oregon and legalize recreational marijuana this year. On Tuesday, a New Jersey lawmaker will hold a press conference Tuesday to discuss how a similar law might work here. Still, it’s a safe bet legalization remains a long way off in the Garden State.
Here’s a look at what likely needs to happen for New Jersey to legalize recreational pot.
1. Elect a new governor.
Gov. Chris Christie could not be any clearer than he already has: He will not legalize marijuana. He will not decriminalize marijuana possession. He is even leery of attempts to expand the medical marijuana program, calling it “a front for legalization.” He leaves office in January 2018.”
45- The link, sorry.
http://www.nj.com/politics/index.ssf/2016/06/what_will_it_take_for_nj_to_legalize_marijuana.html#incart_river_home
45- Why does Gov. fatman get to decide what’s best for us. Put the damn question on a ballot, and let democracy go to work. Why give people the right to vote if they can’t do anything with it?
“1. Elect a new governor.”
Vote for Trump and you’ll get Sweeney that much sooner.
Hey Pumps…have you sold any of your canned pancakes? I see it has average volume of $20,000. I hope you didn’t buy too much since I’m not sure there’s much of a market to sell it.
Making a lot of money on that. The run hasn’t even begun. When you all were laughing at me for playing an otc stock, now you know why. Where else am I going to see returns like this? Up almost 14 times my money from the spot I was laughed at 2-3 months ago. Like I said, this run has not even started. It’s impossible to build a position now, without shooting up the price. My family members love me right now.
Libturd questioning the gender of Hillary’s Cankle fluid. says:
June 14, 2016 at 10:26 am
“1. Elect a new governor.”
Vote for Trump and you’ll get Sweeney that much sooner.
Hey Pumps…have you sold any of your canned pancakes? I see it has average volume of $20,000. I hope you didn’t buy too much since I’m not sure there’s much of a market to sell it.
Low volume is representative of the low float and locked up shares. No shares are available. About 130 million shares are in the hands of about 20 longs.
leftwing – This was the book: Thinking, Fast and Slow
https://www.amazon.com/Thinking-Fast-Slow-Daniel-Kahneman/dp/0374533555?ie=UTF8&*Version*=1&*entries*=0
You sure like living in (and on) the fast lane, Plumpty. BTW, why did you hide/delete your FB page?
Making a lot of money on that. The run hasn’t even begun. When you all were laughing at me for playing an otc stock, now you know why. Where else am I going to see returns like this?
It should be back up. I put my account on a temporary 7 day block. Wanted to be facebook free for a week.
I don’t play the otc often. It’s very difficult to find a winning hand in the otc land. Most are scams that will leave you without your shirt.
The Original NJ ExPat says:
June 14, 2016 at 10:56 am
You sure like living in (and on) the fast lane, Plumpty. BTW, why did you hide/delete your FB page?
Wow. NHMD goes nearly a half hour at a time without trading a share.
Aunt Jemima had pancakes in a can back in 2009:
http://www.consumerreports.org/cro/magazine-archive/july-2009/food/spray-on-pancakes/overview/spray-on-pancakes-ov.htm
At 9:55AM NHMD traded 5,555 shares at 0.0172 (that’s $95 folks). It didn’t trade again until 10:25AM when it traded 10,000 shares 0.0170 (that’s $170). Less than $300 of liquidity in a half hour of trading.
Coming to a safe space near you:
“Graeme Craig, TfL commercial development director said advertising on the public transport system had a different responsibility to viewers than TV, online and print media. “Our customers cannot simply switch off or turn a page if an advertisement offends or upsets them and we have a duty to ensure the copy we carry reflects that unique environment,” Craig explained.
The announcement also established an advertising steering group which will monitor all ads it runs and look at better reflecting the full diversity of London, it said…..
Steering group: newspeak for Censorship Board.
The point I’m trying to make Pumps is that it was only a prescient call after you sell with a profit. Knowing when to buy is the easy part. Knowing when to sell is not. If I were you, I would test the waters and see what happens if you try to sell a little. I was in a few OTCs in my dumber years and even when they tripled, there was no market for my sales. Any time I tried to sell a block over $1,000, the price would virtually collapse. Don’t count your blessings just yet. My scam indicator is flashing brightly with this one and until you sell, you won’t know if you are an Einstein or a sucker.
[57] The Hasidim Building A Kosher Corner Of The Internet
Radios are strictly frowned upon in the Hasidic world; they are in banned in some communities like New Square. When Hasids buy a cassette player to play religious music, they break off the radio antenna. Or, if they want traffic news and interviews, they call a Hasidic hotline: 212-444-1100. It’s all over the telephone and one Hasidic person we spoke to called it his community’s “podcasts.”
http://digg.com/2015/the-hasidic-internet
Nah, that’s batter blaster, which nhmd is the child of. Batter blaster sold like crazy. 98% re-buy rate. NHMD ceo,nate, started batter blaster with his partner. It was a private company that ran into trouble with financing and couldn’t keep up with demand. This second go around they have fixed everything including having developed their own manufacturing line at ABCO. Batter blaster didn’t have its’ own line. The ceo, nate, is a proven winner. He has a successful resume with bringing private food companies to buy out status. I’m willing to bet on him with his first attempt at public company and a great product. I tried the product last year when they had a limited production run to let shareholders try. They also had three in person shareholder meetings (one west coast, one midwest, and one east coast). That’s how I know the company is legit. Tried the product and they are pretty open with shareholders, unlike most otc companies.
Things that make people’s lives easier will sell, even if it is making pancakes.
The Original NJ ExPat says:
June 14, 2016 at 11:05 am
Wow. NHMD goes nearly a half hour at a time without trading a share.
Aunt Jemima had pancakes in a can back in 2009:
http://www.consumerreports.org/cro/magazine-archive/july-2009/food/spray-on-pancakes/overview/spray-on-pancakes-ov.htm
Lib, when there is no news, it’s not easy to sell in penny land. Like I referenced in an earlier post, you can’t even build a position on this stock right now without driving up the price. If you need to sell, same idea applies, small blocks. You can’t show your hand on the L2 in penny land, the experts will eat you alive. So if you are going to sell in a time with no news and when people are holding, you need to know how to do it, without lowering the price.
Libturd questioning the gender of Hillary’s Cankle fluid. says:
June 14, 2016 at 11:17 am
The point I’m trying to make Pumps is that it was only a prescient call after you sell with a profit. Knowing when to buy is the easy part. Knowing when to sell is not. If I were you, I would test the waters and see what happens if you try to sell a little. I was in a few OTCs in my dumber years and even when they tripled, there was no market for my sales. Any time I tried to sell a block over $1,000, the price would virtually collapse. Don’t count your blessings just yet. My scam indicator is flashing brightly with this one and until you sell, you won’t know if you are an Einstein or a sucker.
Dear mindless twitter copy-and-paste fanboy:
@HillaryClinton
“Muslims are peaceful and tolerant people and have nothing whatsoever to do with terrorism.”
Trump Wins. Again.
That’s a real Hillary quote, from twitter, BTW.
Tywin…that is a real quote, but it came from the time of the French bombings in case you weren’t aware.
Browsing through North NJ Zillow listings. Not seeing many foreclosures. Something change? Wondering if an issue on my end.
Lib [63],
So, she changed her mind from the Paris incident until what happened in Orlando?
For lib.
http://www.nj.com/essex/index.ssf/2016/06/judge_reverses_fired_cops_reinstatement_saves_mont.html#incart_2box_nj-homepage-featured
DISGUSTING! Democrats Interrupt, Walk Out During Moment of Silence for Pulse Club Massacre Victims (VIDEO)
http://www.thegatewaypundit.com/2016/06/disgusting-democrats-interrupt-walk-moment-silence-pulse-club-massacre-victims-video/
Pumps…this is a warning, not an attempt to poke fun. I’ve invested in similar companies with much more marketable ideas and much better road shows. Many had prominent politicians on their boards and very polished marketing pieces. In every single one of them, one of three things happens. The product or service is never produced for sale as all of the stock proceeds go to pay for the executive board to send their kids to college and to collect 200K or so a year. This is completely legal by the way. The executive board goes to jail for disclosure of false statements. Or the product is so immature that the company goes bankrupt before the prototype is even produced. Then a larger public company buys the plans and research for pennies and the dream you invested in early pisses you off every time you see someone using it.
Here are some examples I invest in over a decade ago.
CyberCare – virtual vital sign monitoring. False statements and prison sentences.
Dlink – wireless monitoring of remote and mobile assets. No product produced. Bankruptcy.
General Magic – Precursor to the Palm Pilot OS and On-Star software. They invented it, but world wasn’t ready for it yet. Everyone got rich except for the investors.
SonicBLUE – Awesome home audio/video equipment. Stock was public for less time than founder spent in jail.
EVISion – High speed internet via satellite for medical use.
iVoice – Voice recognition for telephony. Bunch of guys collecting salaries. Almost no sales. Local boys from Matawan. No jailtime. They continue to do this. Now they are supposedly producing power cells.
Should I go on? Almost every one of these shot up and I couldn’t sell them. Good luck.
Pumps…that’s just the beginning. There’s one recently retired police chief (I think), whose son is a murderer who is collection 150K per year pension.
They need to ask the ex wife of the gunmen if he was into anal. Seriously.
@SenSanders
To blame an entire religion for the acts of a single individual is bigotry,
pure and simple.
It is not what this country is about.
I searched this and found it on her Twitter feed and said WTF? I thought she said it today.
@HillaryClinton
“Muslims are peaceful and tolerant people and have nothing whatsoever to do with terrorism.”
Trump Wins. Again.
Yeah, it’s just one. Twidiot
To blame an entire religion for the acts of a single individual is bigotry,
pure and simple.
It is not what this country is about.
I don’t think there is much attempt to maintain that aspect anymore. There are certainly homes still in foreclosure for 6 or more years and they’ve disappeared too.
Browsing through North NJ Zillow listings. Not seeing many foreclosures. Something change? Wondering if an issue on my end.
^^^isn’t much
I sincerely thank you for looking out for me. I know people don’t think so highly of me on this blog, so I truly appreciate it. Believe it or not, most people that know me consider me to be one of the few true good individuals they know. I go out of my way to help whoever needs it. Parents taught me from a young age to live by this rule: “Do unto others as you would have them do unto you.” Lived by this rule for most of my life. Thank you again.
Libturd questioning the gender of Hillary’s Cankle fluid. says:
June 14, 2016 at 12:51 pm
Pumps…this is a warning, not an attempt to poke fun. I’ve invested in similar companies with much more marketable ideas and much better road shows. Many had prominent politicians on their boards and very polished marketing pieces. In every single one of them, one of three things happens. The product or service is never produced for sale as all of the stock proceeds go to pay for the executive board to send their kids to college and to collect 200K or so a year. This is completely legal by the way. The executive board goes to jail for disclosure of false statements. Or the product is so immature that the company goes bankrupt before the prototype is even produced. Then a larger public company buys the plans and research for pennies and the dream you invested in early pisses you off every time you see someone using it.
Here are some examples I invest in over a decade ago.
CyberCare – virtual vital sign monitoring. False statements and prison sentences.
Dlink – wireless monitoring of remote and mobile assets. No product produced. Bankruptcy.
General Magic – Precursor to the Palm Pilot OS and On-Star software. They invented it, but world wasn’t ready for it yet. Everyone got rich except for the investors.
SonicBLUE – Awesome home audio/video equipment. Stock was public for less time than founder spent in jail.
EVISion – High speed internet via satellite for medical use.
iVoice – Voice recognition for telephony. Bunch of guys collecting salaries. Almost no sales. Local boys from Matawan. No jailtime. They continue to do this. Now they are supposedly producing power cells.
Should I go on? Almost every one of these shot up and I couldn’t sell them. Good luck.
#71
BIG BIG mistake from an electability standpoint to cling to that position. Trump is a game changer, no longer are people going to standby idly and allow a jihadi invasion due to political correctness.
From a non-gun owner who would probably not buy one if it was made easier to do here…
Why punish everyone else who hasn’t done anything wrong based on the acts of a single individual?
GOP’s broken (the good one) says:
June 14, 2016 at 1:03 pm
@SenSanders
To blame an entire religion for the acts of a single individual is bigotry,
pure and simple.
It is not what this country is about.
Lefty, you should enjoy this one since I think you took a similar position if I am not mistaken.
“People are still trying to figure out who was responsible for the run-up and subsequent collapse of U.S. housing prices that spawned the 2008 financial crisis. Some, for example, say it’s the fault of the Federal Reserve, which kept interest rates low to combat the weak economy and low inflation of the early 2000s.
Actually, I have an admission to make: I should take some of the blame.
Let me start by noting that Fed story doesn’t quite fit the facts. Land prices sharply accelerated in the five years starting in 1996, when the central bank’s short-term interest-rate target was between 4.75 percent and 6.5 percent — hardly low, especially given that the economy was entering recession toward the end of that period.
Something of importance, though, did happen in 2005: My wife and I bought a house in Minneapolis (this was several years before I became president of the Minneapolis Fed). The price seemed high, but we figured we’d be fine in the Twin Cities, which historically hadn’t seen much in the way of housing booms or busts. We thought that prices might not keep rising, but they wouldn’t fall all that much either. The interest rate on our mortgage, which was between 5 percent and 6 percent, didn’t play a big role in our willingness to overpay.
But we turned out to be wrong about Twin Cities housing prices. As part of our move to Rochester, where I now work as a professor of economics, we recently sold that house. Including money spent on renovations over the years, our capital loss came to about 45 percent of the 2005 purchase price. Back when we bought the place, I would have said that such a loss was completely impossible.
I wasn’t alone in making this mistake. All around the country in the mid-2000s, people were buying — or choosing not to sell — at prices that probably seemed high. Many of them probably thought like I did about the future evolution of housing prices. Like me, they were wrong.
Such collective mistakes drive housing bubbles. They recur throughout history — the earliest records of real estate bubbles go back at least to the Roman Empire. I’m highly skeptical of any country’s ability to design a financial system that will eliminate such mistakes.
Rather, policy makers must be better prepared when booms and busts do happen – for example, by being even more aggressive with monetary and fiscal stimulus in the event of a sharp downturn in asset prices. On the bright side, they did much better last time than in the 1930s. Still, there’s plenty of room for improvement.”
http://www.bloomberg.com/view/articles/2016-06-14/how-i-helped-inflate-the-housing-bubble
Corelogic Foreclosure data out today
NJ continues to grind away at the foreclosure backlog and delinquencies.
It is slow, we are still at the top, but there is real progress being made.
Did anybody catch Obama’s Freudian slip when he started talking about gun control in today’s speech? He said, “We’re not talking about being tough on terrorists…ugh..being tough on terrorists…”
In Blamer’s world admitting tens of thousands of inadequately screened potential jih@dis is a prudent move and demanding safety above political correctness is “dangerous.” Major disconnect with that party’s platform.
http://www.bloomberg.com/view/articles/2016-06-14/orlando-shows-us-our-very-scary-future
Looks like the shooter did not use an AR-15 after all. He used a SIG MCX.
“Why punish everyone else who hasn’t done anything wrong based on the acts of a single individual?”
Hard to believe this question is asked so many years after 9-11, but the answer is:
Islamists (those who seek to establish shariah law across the globe though any means necessary) make up 20% of the total population, or about 200 million people. Not at all a “single individual” problem.
If the terms Dar al-Harb (House of War) and Dar al-Islam (House of Islam) are foreign to you, you need to catch up. In short: Europe, America, etc, are located in the “House of War.”
There is a deliberate strategy, with phases, to establish a global ‘caliphate’ — look into it.
1) Enter ‘infidel’ countries.
2) Reproduce — 6 to 8 children is great.
3) Establish centers of majority.
4) Influence laws to comply with shariah law (e.g., Taliban, Saudi Arabia).
5) When ‘infidel’ residents are no longer the majority, they receive ‘dhimmi’ status (second class status).
6) Lather, rinse, repeat.
7) The entire world as Saudi Arabia.
The “shooter” was not a shooter — he was wearing explosives. The “mainstream” media are painting him as a “shooter” to fit into the ‘national gun debate’ narrative.
So the “wife” knew the whole time? Tried to talk him out of attacks?
I hope she is charged.
Quote from comment section of some article.
“I’m exhausted from arguing over this subject. The sheep in this country who are so willing to prove that they are tolerant of everybody are the same people who are shaming the others into feeling guilty of being labeled a “racist” for wanting to protect themselves. There is a problem. And it’s the liberal thinking of the fact that you can change someone. Let your bleeding hearts save whales and trees. When it comes to grown humans, prepare yourself for war. This guy in Orlando didn’t ask which political party you liked, or your religious beliefs. He shot them all.”
You obviously misunderstood my post.
Tywin says:
June 14, 2016 at 4:03 pm
“Why punish everyone else who hasn’t done anything wrong based on the acts of a single individual?”
Release the 911 tapes.
Why can’t the avg person understand this? They seriously embrace this type of mentality into their community, while at the same time condemning racism. Yup, makes absolutely no sense whatsoever.
Tywin says:
June 14, 2016 at 4:03 pm
“Why punish everyone else who hasn’t done anything wrong based on the acts of a single individual?”
Hard to believe this question is asked so many years after 9-11, but the answer is:
Islamists (those who seek to establish shariah law across the globe though any means necessary) make up 20% of the total population, or about 200 million people. Not at all a “single individual” problem.
If the terms Dar al-Harb (House of War) and Dar al-Islam (House of Islam) are foreign to you, you need to catch up. In short: Europe, America, etc, are located in the “House of War.”
There is a deliberate strategy, with phases, to establish a global ‘caliphate’ — look into it.
1) Enter ‘infidel’ countries.
2) Reproduce — 6 to 8 children is great.
3) Establish centers of majority.
4) Influence laws to comply with shariah law (e.g., Taliban, Saudi Arabia).
5) When ‘infidel’ residents are no longer the majority, they receive ‘dhimmi’ status (second class status).
6) Lather, rinse, repeat.
7) The entire world as Saudi Arabia.
I bought a foreclosure at the Bergen sheriff sale last week, the action was filed in 2009! Also got out bid on a house in Tenafly. I stopped at 1.8 million.
Wow, Obama goes on off on an emotional tirade after being insulted.
I saw more emotion, passion, anger, and genuine communication in this statement, than the statement after the shooting.
He would be much more respected as president if he took this tact and approach in all his statements.
Pretty sure he wrote this himself.
Where the hell has this guy been all these years?
re# 94 – Busy romanticizing Islam?
Grand Jury convened to charge the wife.
Ex, TY on the book
Grim,
Two narcissists playing to two different audiences for their self-esteem.
Turn in your ar-15’s
The killer had a Glock with a lot of clips in it
https://m.youtube.com/watch?v=xDLQOaGwiao&ebc=ANyPxKrbHKvl5a-irj3sSwlJDKCdbMsDO50LmykmsoR0jNunhi4zVWEh3iqRgsKutxG90RBmNINn0tsE4Q3kXkSk2jApDuVrUA
Years from now…when we look back on this time and wonder if the president had something inspiring to say today….and they’ll find this quote:
“Uh…it appears that one of those weapons he was able ta just carry out of the store! Uh, a–uh–an assault rifle, uuh, a handgun–a Glock–which had, uhh…..a lot of clips in it. Was apparently, uh, required to wait for three days, uh, under Florida law. Uhm.”
How do we have a reasonable discussion on firearms law when a major player in the discussion has shown that everything he has learned about those firearms was from an Eazy-E song?
Maybe it’s not far off, and we need to ban Glocks with lots of clips – because as it stands – we are looking to ban guns that look scary.
#93 I still see the same pompous bored president I have seen since the start of his administration.
i’ve tuned out. just bought a harley and it just clears the head with the sun, wind, clouds, and air. wind therapy
“….Fight fire, with Fire…” Metallica
Sales of high-powered automatic weapons have soared days after the deadliest mass shooting in modern United States history where Omar Mateen use one to kill 49 people in a gay nightclub.
One Georgia gun shop has reported a boom in sales of AR 15s – the semi-automatic weapons used in the Orlando massacre – since Sunday.
Within three hours Monday, 35 AR-15s were sold, around 10 guns an hour. Typically, the store sells just two per day.
Sure. As long as you leave glocks with lots of magazines alone.
No modern firearm uses clips to my knowledge.
Sig MCX is a very expensive rifle
[71] twitiot
“To blame an entire religion for the acts of a single individual is bigotry,
pure and simple.
It is not what this country is about.”
Irony abounds.
a NY Daily News writer shot an AR and wrote about how much it “terrified” him.
Gersh Kuntzman.
You just can’t make this stuff up.
Seems that ARs are flying off the shelves. So much for adding to my collection.
Arm the children. It’s the only way.
Firing a rifle that’s designed to take limbs off people doesn’t scare me. It should scare anyone it’s aimed at, though.
grim, can you ban Punkin now for touting penny stocks (see #59)?
What may non gun folks don’t realize about the AR15 is that it has a huge hobby culture.
It’s the gun equivalent of a classic Chevy or Ford.
You can change parts, customize it, hot rod it. There are hundreds of part manufacturers. It’s like Lego for gun enthusiasts. The online and offline hobby communities are huge, meets, clubs, it’s very much like car culture. You have a very wide mix of participants. You can build a lightweight ar15 in hot pink for a girl if you would like, although I’d love one too.
Ar15 is an interoperable platform at this point. There are so many variations that you have tens of thousands of completely different guns, all related in the same family.
Ar15 is not a new gun, by far. The platform is 60 years old.
Black guns matter
Typed my post before reading this
https://www.wired.com/2013/02/ar-15/
AR-15’s only belong on the battlefield they say…well guess what
A Former FBI Agent Says the ‘War on Terror’ Is Now Being Fought on US Soil
https://www.vice.com/read/a-former-fbi-agent-says-the-war-on-terror-is-now-being-fought-on-us-soil
Ar15 is not a military rifle, it never was.
Comparisons to the AK47 are idiotic.
I can’t read or watch the news anymore. We’ve gone down the rabbithole in so many ways, I am convinced that Armerigeddon is more or less accurate in his predictions.
The millennials, with their man buns and tattoos will save us.
Ugh. So much ignorance. Watched a clip on CNN that called the Ruger 10/22 a deadly “assault style” rifle. It implies that “assault style” rifles are tools of the Nazis. What crappy lazy reporting.
http://www.cnn.com/videos/us/2016/06/13/assault-rifle-history-orig-ff.cnn
This is such a great site keep up the hard work. if your looking for free trafic to your site check us out post items with link back to your site Free Classifieds:Real estate, apartments, condo, house rental, room rental, roommates, short term rentals, commercial, office space, storage, parking, houses for sale, condos for sale, land for sale, Cars, Trucks, Vans, Rvs, Parts, Jobs Pets, Livestock, Farm, news all at http://topdollarclassifieds.ca/