tag:blogger.com,1999:blog-8515247115132134144.post7999675642808476410..comments2024-02-17T12:34:01.400-08:00Comments on Illusion of Prosperity: The Sarcasm Report v.103Stagflationary Markhttp://www.blogger.com/profile/04568993350246477976noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-8515247115132134144.post-42817648065035799492011-05-18T15:18:10.021-07:002011-05-18T15:18:10.021-07:00Troy,
We'll have (wage) inflation in the thin...Troy,<br /><br />We'll have (wage) inflation in the things we need and (wage) deflation in the things we don't?<br /><br /><a href="http://youtu.be/soO0CMnU9Bo" rel="nofollow">Don't Need Much</a><br /><br /><i>Look at this place<br />At the seeds we were sowing<br />Look at this strife<br />I still don't know where jobs are going<br />I don't need much<br />So I know we are screwed<br />And that may be all I need to know<br /><br />Look at these lies<br />They never see what matters<br />Retirement dreams<br />So beat and so battered<br />I don't need much<br />So I know we are screwed<br />And that may be all I need to know</i><br /><br />mab,<br /><br /><a href="http://youtu.be/-OpPwcM_NJw" rel="nofollow">Kung fu fighting</a><br /><br />We just can't seem to get enough.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-16563751897698435142011-05-18T12:42:58.469-07:002011-05-18T12:42:58.469-07:00Those Chinese stocks, man, that's one thing th...<i>Those Chinese stocks, man, that's one thing that never goes down... Chinese stocks.</i><br /><br />Stag,<br /><br />I think you should get a Chinese nanny. You know, for your kung fu!mabnoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-53526527398265362242011-05-18T09:54:53.118-07:002011-05-18T09:54:53.118-07:00You buy a house to live in it. It is not an invest...<i>You buy a house to live in it. It is not an investment or an asset. It is a shelter with expenses--maintenance, taxes, utilities, insurance.</i><br /><br />There is also a land component to this purchase, and that doesn't depreciate except during bubble bust events like we're in now.<br /><br />I've done the math on buying in 1981 vs renting and investing the principal paydown in an index fund, and it's basically a wash. Prop 13 was a nice thing to lock in in the 1980s and 90s, but thus far is a non-issue for the 2000s.<br /><br />The rent vs buy comes down to wage inflation in the end. We got a lot of that in the 70s, 80s, and 90s.<br /><br />Dunno if it's going to come back. . .Troynoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-75161265690575986842011-05-18T08:18:10.417-07:002011-05-18T08:18:10.417-07:00GawainsGhost,
The book I linked to was published ...GawainsGhost,<br /><br />The book I linked to was published in 2006. I don't know what he's saying these days. I would advise him to say nothing. ;)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-77412596654652350032011-05-18T06:06:02.851-07:002011-05-18T06:06:02.851-07:00David Lereah is an economist who used to work the ...David Lereah is an economist who used to work the the National Association of Realtors. I see he's still shilling for the housing industry.<br /><br />I didn't agree with his analysis 10 years ago, and I don't agree with it now. I'm looking at price reductions of anywhere from $5000 to $15,000, every month.<br /><br />This is what I tell people. You buy a house to live in it. It is not an investment or an asset. It is a shelter with expenses--maintenance, taxes, utilities, insurance.<br /><br />A house is more like a car than anything else. As soon as you buy it, it loses 1/3 of its value.GawainsGhosthttps://www.blogger.com/profile/16719480047404817864noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-21786802885124500842011-05-17T23:07:37.276-07:002011-05-17T23:07:37.276-07:00Perhaps 1,200 views is The Show Formerly Known as ...Perhaps 1,200 views is The Show Formerly Known as "The Ugly Show" Show - Episode 6's version of a <a href="http://illusionofprosperity.blogspot.com/2010/06/sarcasm-disclaimer.html" rel="nofollow">sarcastic rubicon</a>.<br /><br />Can people unview it if it crosses 1,200 views? ;)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-71514098959652701702011-05-17T22:59:34.060-07:002011-05-17T22:59:34.060-07:00mab,
Hahaha!
(Trend Line) Princes of the Univers...mab,<br /><br />Hahaha!<br /><br /><a href="http://youtu.be/VEJ8lpCQbyw?" rel="nofollow">(Trend Line) Princes of the Universe!</a><br /><br />For those just tuning in, the inside joke refers to a <a href="http://illusionofprosperity.blogspot.com/2007/08/life-of-day-trader.html" rel="nofollow">post</a> I did on this blog's first day. Still cracks me up. <a href="http://youtu.be/HC8f-U15dac" rel="nofollow">The Show Formerly Known as "The Ugly Show" Show - Episode 6</a> is pure genius and only 1,163 people have seen it. Hindsight is being especially kind to the sarcasm too!<br /><br /><i>Those Chinese stocks, man, that's one thing that never goes down... Chinese stocks.</i>Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-36315730232748743402011-05-17T19:40:24.447-07:002011-05-17T19:40:24.447-07:00Stag,
The birth certificte issue provides yet ano...Stag,<br /><br />The birth certificte issue provides yet another compelling reason why we need to determine exactly WHO is the <i>trend line master</i>! <br /><br />There can only be one! <br /><br />Highlander is like the greatest movie ever made....well after Talladega Nights.mabnoreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-51872383637404066952011-05-17T19:29:57.693-07:002011-05-17T19:29:57.693-07:00Here's a link to my version of the birth certi...Here's a link to my version of the <a href="https://lh6.googleusercontent.com/_1pb7adF2Rp0/TdMuUNwC2mI/AAAAAAAACxc/L16HC7oo2Jo/Birth%20Certificate.jpg" rel="nofollow">birth certificate</a>. Note that the blue lines are not vertical. That means that there are curvature effects here.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-64733240445653982022011-05-17T19:16:08.285-07:002011-05-17T19:16:08.285-07:00mab,
I thought you'd like that one! ;)mab,<br /><br />I thought you'd like that one! ;)Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-20620413150571201552011-05-17T19:14:51.283-07:002011-05-17T19:14:51.283-07:00In other news...
Market Ticker sees flatness wher...In other news...<br /><br /><a href="http://market-ticker.org/akcs-www?singlepost=2552370" rel="nofollow">Market Ticker</a> sees flatness where I see curvature.<br /><br />The flat lines above and below "Male" do not appear to follow the word to me. I see a slanted "Male". Try to put a vertical line through the left edge of the "M". It won't fit. You'll have to slant the line to make it fit. That means the "M" is slanted.<br /><br />The "Kapi" part of "Kapiolani" looks slanted to me as well. Once again, try to put a vertical line through the left edge of the "K". It won't work. That means the "K" is also slanted.<br /><br />This is not proof to me that the birth certificate is not genuine. If anything, it supports the notion that it is genuine.<br /><br />For the record, I'd like to think I am fairly unbiased here. I don't consider myself to be either a Republican or a Democrat. I therefore have little vested interest in whether or not this document is genuine. I have absolutely no agenda here.<br /><br /><i>Many journalists have fallen for the conspiracy theory of government. I do assure you that they would produce more accurate work if they adhered to the cock-up theory.</i> — Sir Bernard Ingham<br /><br />I could not agree more.Stagflationary Markhttps://www.blogger.com/profile/04568993350246477976noreply@blogger.comtag:blogger.com,1999:blog-8515247115132134144.post-74035248291275147682011-05-17T19:09:59.717-07:002011-05-17T19:09:59.717-07:00DEWEY DAANE, FORMER GOVERNOR OF THE FEDERAL RESERV...<i>DEWEY DAANE, FORMER GOVERNOR OF THE FEDERAL RESERVE BOARD OF GOVERNORS</i><br /><br />Classic! <br /><br />To me, it's very telling that propagandists like Limbaugh, Hannity, Carville, Krugman, Lereah, 99.9% of CNBC "experts" etc. are so well paid in our society. <br /><br />When false promises are allowed to compete with honest promises as money, is it any wonder the system lacks integrity?mabnoreply@blogger.com