The home price increase that isn’t
Blownmortgage has a great article on last month’s bump. The home price increase that isn’t does a good job of debunking that bad joo joo. Not to mention the 40,000 LA-area foreclosed homes that banks are keeping off (hiding from) the market.
With such artificial scarcity, maybe it’s not such a bad time to be a seller.
You’re Gonna Love Socialism!
If you’ve been watching either the Daily Show or Colbert Report recently, you’ve seen the displays caused by Americans who have been whipped into a frenzy by proposed healthcare reform. It’s impressive to see the power and cunning behind the resistance to change in this area.
Astro-turf (fake grass-roots) campaigns like this always freak me out, probably because they look like, but are so obviously not, democracy in action.
Anyway, the point I was trying to make was actually relatively simple. The people who are genuinely upset because of the disinformation campaign. The psychological warfare has led them to believe that we’ll all be eating babies before the mid-term elections.
While that’s obivously totally accurate (“Johnny – it’s the cops!”), this bad news is all being set against the backdrop of the worst econimic downturn of the post-war American century. Plus, don’t forget we still have a few more payments to make on that Cold War.
Couple all this with the general slow decline of the average American’s standard of living that’s been taking place since the 1970s. Add in a dash of xenophobia and, “Voila: ‘Obama killed my momma!'” Serves 4 – 6 generously.
So, my point is that these people that are getting all upset are probably the one’s who would actually benefit most from socialist policies. It’s like watching a child who’s being dragged off to summer camp, filled with fear of the unknown, only to discover he loves canoeing. No, I’m not drawing from personal experiences!
Okay, maybe the summer camp comparison is a bit of a stretch. But, there’s something there. Besides, this is all so far from a socialist ideal anyway. Eisenhower was more of a socialist than Obama will ever get to be.
Inland Empire Construction Permits Down 96% from 2005
The Wall Street Journal is running a story saying that Inland Empire construction permits “have plunged 96% from 45,299 in 2005 to a projected 2,000 this year.”
Hurry up and read it before Rupert puts up a pay wall.



