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prole

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Everything posted by prole

  1. Does the SE United States have gasoline yet?
  2. Gold's looking good.
  3. Shit's kind of hitting the fan on Wall St. and in Washington. I think I'll call tomorrow "Black Friday".
  4. Exhibit A for why homeschooling might not be the best model for American education.
  5. prole

    WAMU

    Helllo! What are you, fucking Rip Van Winkle? What have you been doing for the last week and a half?
  6. prole

    Economic News

    A fascinating account of this ideological shift and its practical implications with regards to mutual funds, etc. can be found here.
  7. How psyched are Americans going to be to find out the hard way about all the bankruptcy "reform" that's been going on under their noses at the same that financial deregulation was taking place?
  8. prole

    WAMU

    Hugh Conway was so off! It's the Democrat's fault for stalling the bailout.
  9. BURN HER!!! CAST HER OUT!!!!
  10. Umm, which part about witchcraft and sorcery did you not understand enough to make a judgment about whether or not this man is a charlatan?
  11. :lmao::lmao::lmao::lmao:
  12. I'm sure they could find lots of closeted Republicans that would be willing to fill McCain's slot. Whether it would cool or not depends, I guess...
  13. 2005 or 1625?
  14. Exactly.
  15. That these instruments were allowed to be created at all as a result of deregulation is 80% or more of the reason we're in this mess. Yes people got themselves in the pickle, but they were quite literally sold on this crack-rock by the people getting the bailout. I'd also add that those sellers were possibly the only people who understood how dangerous those instruments were.
  16. Whether they were "innocent bystanders", duped by the media, lenders, or the American myth, they are the ones left holding their personal grab bag of bankruptcy/bad credit cat-shit for the rest of their lives while the bankers take their tropical vacations and theraputic shopping excursions.
  17. Check out his One Market Under God if you haven't already. Pretty appropriate to the current mess.
  18. Alaskans make Okies look like Astors.
  19. Cascadia Rising.
  20. News Flash: Washington Times Changes Name of Republican Party I'd cite the article but the Washington Times gives me hives.
  21. I know that the McCain Camp saw during their thorough vetting process. Where does the McCain Campaign/Celebrity Trainwreck end and can we make it go at least through Christmas?
  22. You don't know indignation till you've seen MTV's The Hills. Just look at the indignation on the faces of these American women.
  23. prole

    Economic News

    Look upon my work, ye real-estate concentrators, and despair... "Beware the Foreclosure Allure Redbrick's Model of Scattered Bets Is Cautionary Tale By JAMES R. HAGERTY Many investors have been tempted by the idea of buying foreclosed homes in bulk from banks, at a steep discount. But the experiences of a Washington, D.C.-based property investment firm, Redbrick Partners LLC, show it can be difficult to manage a large number of single-family rental homes scattered across a metropolitan area. [redbrick] Reuters Redbrick's business of buying up properties in cities like Trenton, N.J., and outsourcing rentals and maintenance has proved difficult to execute. Though Redbrick was never in the business of buying foreclosed homes, the firm in recent years bought hundreds of properties in working-class areas of East Coast cities including Baltimore, Philadelphia and Trenton, N.J. It hired local managers to handle rentals and maintenance. Now Redbrick, formed in 2003, has concluded that it is too costly to manage those homes and is trying to sell most of them. Tom Skinner, one of Redbrick's managing partners, notes that fixing leaky toilets and other common problems is much more complicated in a diverse array of homes than in an apartment building where fixtures are standard and the manager can walk from unit to unit..." http://online.wsj.com/article_email/SB122222286574070071-lMyQjAxMDI4MjIyNDIyMjQyWj.html I'm sure that working for a landlord can be a real bitch sometimes.
  24. prole

    Economic News

    I also wonder if the blight of cheaply built homes that now litter the landscape will actually last long enough to see the next "period of equilibrium", if there is one.
  25. prole

    Economic News

    Maybe I'm just taking too short-term a perspective here considering the economy is in the shitter and the number of Americans with the "right credit/income/savings profiles" seem to be scarce to say the least and shrinking by the news cycle.
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