[CricketOnTheHearth]

How sad. I didn’t think people were still such little lemmings. “Are ya gonna believe me, or your lying eyes?” I.e., the blather on the TV or the fact that their brother, sister-in-law, cousin Vinnie etc have been struggling with the job market for the last 3 years (or probably more). It’s gotta be pretty crazy-making to have struggled to find a decent job for the past year and a half, fall off the back of the unemployment-comp bus, and then have the TV tell you “unemployment is only 9.5% and it’s all getting better.”

Karl Denninger has been arguing that the market is being faked anyway, via computer trading– here’s an example of his claims.

About his Tea Party connections: I was reading him for a year and a half before I found out about them, and he seemed to make a lot of sense to me. If the tea partiers have actually spotted a naked emperor, it would make sense for the emperor’s minions to try to paint them as racists, crazies, etc. I don’t know if that is the case– if the fruit-loops are fifth columnists, or if actual racists and crazies have simply piled onto the bandwagon. Anyway, what he says on his blog and the image of the Tea Partiers I see on CNN just doesn’t jibe for me.

[CricketOnTheHearth]

How sad. I didn’t think people were still such little lemmings. “Are ya gonna believe me, or your lying eyes?” I.e., the blather on the TV or the fact that their brother, sister-in-law, cousin Vinnie etc have been struggling with the job market for the last 3 years (or probably more). It’s gotta be pretty crazy-making to have struggled to find a decent job for the past year and a half, fall off the back of the unemployment-comp bus, and then have the TV tell you “unemployment is only 9.5% and it’s all getting better.”

Karl Denninger has been arguing that the market is being faked anyway, via computer trading– here’s an example of his claims.

About his Tea Party connections: I was reading him for a year and a half before I found out about them, and he seemed to make a lot of sense to me. If the tea partiers have actually spotted a naked emperor, it would make sense for the emperor’s minions to try to paint them as racists, crazies, etc. I don’t know if that is the case– if the fruit-loops are fifth columnists, or if actual racists and crazies have simply piled onto the bandwagon. Anyway, what he says on his blog and the image of the Tea Partiers I see on CNN just doesn’t jibe for me.

[CricketOnTheHearth]

How sad. I didn’t think people were still such little lemmings. “Are ya gonna believe me, or your lying eyes?” I.e., the blather on the TV or the fact that their brother, sister-in-law, cousin Vinnie etc have been struggling with the job market for the last 3 years (or probably more). It’s gotta be pretty crazy-making to have struggled to find a decent job for the past year and a half, fall off the back of the unemployment-comp bus, and then have the TV tell you “unemployment is only 9.5% and it’s all getting better.”

Karl Denninger has been arguing that the market is being faked anyway, via computer trading– here’s an example of his claims.

About his Tea Party connections: I was reading him for a year and a half before I found out about them, and he seemed to make a lot of sense to me. If the tea partiers have actually spotted a naked emperor, it would make sense for the emperor’s minions to try to paint them as racists, crazies, etc. I don’t know if that is the case– if the fruit-loops are fifth columnists, or if actual racists and crazies have simply piled onto the bandwagon. Anyway, what he says on his blog and the image of the Tea Partiers I see on CNN just doesn’t jibe for me.

[CricketOnTheHearth]

How sad. I didn’t think people were still such little lemmings. “Are ya gonna believe me, or your lying eyes?” I.e., the blather on the TV or the fact that their brother, sister-in-law, cousin Vinnie etc have been struggling with the job market for the last 3 years (or probably more). It’s gotta be pretty crazy-making to have struggled to find a decent job for the past year and a half, fall off the back of the unemployment-comp bus, and then have the TV tell you “unemployment is only 9.5% and it’s all getting better.”

Karl Denninger has been arguing that the market is being faked anyway, via computer trading– here’s an example of his claims.

About his Tea Party connections: I was reading him for a year and a half before I found out about them, and he seemed to make a lot of sense to me. If the tea partiers have actually spotted a naked emperor, it would make sense for the emperor’s minions to try to paint them as racists, crazies, etc. I don’t know if that is the case– if the fruit-loops are fifth columnists, or if actual racists and crazies have simply piled onto the bandwagon. Anyway, what he says on his blog and the image of the Tea Partiers I see on CNN just doesn’t jibe for me.

[CricketOnTheHearth]

Yeah, ‘struth– if I want tribalism I can go to DailyKos or LittleGreenFootballs.

I come to Piggington for housing/real estate/economic discussion, particularly with emphasis on the San Diego area.

[CricketOnTheHearth]

Yeah, ‘struth– if I want tribalism I can go to DailyKos or LittleGreenFootballs.

I come to Piggington for housing/real estate/economic discussion, particularly with emphasis on the San Diego area.

[CricketOnTheHearth]

Yeah, ‘struth– if I want tribalism I can go to DailyKos or LittleGreenFootballs.

I come to Piggington for housing/real estate/economic discussion, particularly with emphasis on the San Diego area.

[CricketOnTheHearth]

Yeah, ‘struth– if I want tribalism I can go to DailyKos or LittleGreenFootballs.

I come to Piggington for housing/real estate/economic discussion, particularly with emphasis on the San Diego area.

[CricketOnTheHearth]

Yeah, ‘struth– if I want tribalism I can go to DailyKos or LittleGreenFootballs.

I come to Piggington for housing/real estate/economic discussion, particularly with emphasis on the San Diego area.

[CricketOnTheHearth]

Also keep in mind the CA $10,000 is kicking in just now.

My coworker, a supervisor, just put in a bid on a place yesterday, hoping to make it under the wire today for the federal $8K, but if he doesn’t, the state will still throw some sugar on his deal.

At these prices I didn’t think $8K or $10K would matter that much to people, but I guess it does. Closing costs, I suppose.

To go on from what DWCAP says above, the true indicator will be how strong the summer sales are this year. If they are somewhat anemic, it will mean that all the buyers were already drawn out (pulled forward) by the previous shenanigans and look for sales to drop like a rock in the fall. If summer sales are still strong, then I guess there is an infinite supply of rich people/funny-Fannie loans/etc.

[CricketOnTheHearth]

Also keep in mind the CA $10,000 is kicking in just now.

My coworker, a supervisor, just put in a bid on a place yesterday, hoping to make it under the wire today for the federal $8K, but if he doesn’t, the state will still throw some sugar on his deal.

At these prices I didn’t think $8K or $10K would matter that much to people, but I guess it does. Closing costs, I suppose.

To go on from what DWCAP says above, the true indicator will be how strong the summer sales are this year. If they are somewhat anemic, it will mean that all the buyers were already drawn out (pulled forward) by the previous shenanigans and look for sales to drop like a rock in the fall. If summer sales are still strong, then I guess there is an infinite supply of rich people/funny-Fannie loans/etc.

[CricketOnTheHearth]

Also keep in mind the CA $10,000 is kicking in just now.

My coworker, a supervisor, just put in a bid on a place yesterday, hoping to make it under the wire today for the federal $8K, but if he doesn’t, the state will still throw some sugar on his deal.

At these prices I didn’t think $8K or $10K would matter that much to people, but I guess it does. Closing costs, I suppose.

To go on from what DWCAP says above, the true indicator will be how strong the summer sales are this year. If they are somewhat anemic, it will mean that all the buyers were already drawn out (pulled forward) by the previous shenanigans and look for sales to drop like a rock in the fall. If summer sales are still strong, then I guess there is an infinite supply of rich people/funny-Fannie loans/etc.

[CricketOnTheHearth]

Also keep in mind the CA $10,000 is kicking in just now.

My coworker, a supervisor, just put in a bid on a place yesterday, hoping to make it under the wire today for the federal $8K, but if he doesn’t, the state will still throw some sugar on his deal.

At these prices I didn’t think $8K or $10K would matter that much to people, but I guess it does. Closing costs, I suppose.

To go on from what DWCAP says above, the true indicator will be how strong the summer sales are this year. If they are somewhat anemic, it will mean that all the buyers were already drawn out (pulled forward) by the previous shenanigans and look for sales to drop like a rock in the fall. If summer sales are still strong, then I guess there is an infinite supply of rich people/funny-Fannie loans/etc.

[CricketOnTheHearth]

Also keep in mind the CA $10,000 is kicking in just now.

My coworker, a supervisor, just put in a bid on a place yesterday, hoping to make it under the wire today for the federal $8K, but if he doesn’t, the state will still throw some sugar on his deal.

At these prices I didn’t think $8K or $10K would matter that much to people, but I guess it does. Closing costs, I suppose.

To go on from what DWCAP says above, the true indicator will be how strong the summer sales are this year. If they are somewhat anemic, it will mean that all the buyers were already drawn out (pulled forward) by the previous shenanigans and look for sales to drop like a rock in the fall. If summer sales are still strong, then I guess there is an infinite supply of rich people/funny-Fannie loans/etc.

[CricketOnTheHearth]

Thanks everyone.

That’s about what I thought too.

[Author]

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