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drunkle
Participantor what about chinese made goods that are priced the same as american?
but hey, if it weren’t for the good and benevolent corporations, we wouldn’t have jobs, we wouldn’t have homes, we wouldn’t even have air. all praise RepubliJebus, Inc!
drunkle
Participant”
CARLSBAD – A two-year effort to draft a law attempting to quell rowdy behavior in Carlsbad’s downtown club scene will go to the City Council on Tuesday.”
”carlsbad downtown club scene? they have a hooters now? what happened, somebody spit on the sidewalk? dropped an f-bomb (the f-closure word) in a crowd of re agents?
drunkle
Participantdrunkle
Participantif libor is a composite of the rates of central banks around the world, why would it parallel the ffr? other banks have been raising their rates, thereby pulling the libor up… with an ffr reduction, the libor may be pulled down, but surely not enough to offset international rates?
drunkle
Participantpoliticians are worthless. complaints will fall on deaf ears if only for the fact that you’d be using words that are too big for them. like, “inflation” and “morals” and “hi”.
September 11, 2007 at 6:04 PM in reply to: August numbers out. No impact of the credit crunch in San Diego… #84208drunkle
Participanthey, cool numbers. according to the second graph, sales volume in 2004 was +12% over 1999 figures. sales volume now is almost 40% off 2004.
good times.
drunkle
Participantyorba linda? great nightlife? heh. glad to hear you made your eightieth birthday!
September 9, 2007 at 8:55 PM in reply to: Helicopter Drops and Lollipops…why the Fed saving your SD house is a Myth #83999drunkle
Participant“No, what he is saying is that the Fed won’t hyperinflate because that would be endgame for them as they would have a lot of worthless crap on their Balance Sheet.”
i dont see that. hyperinflation is the definition of “saving your own skin”, especially when you’re the one holding the cards. the fed is holding alot of worthless paper as is, with hyperinflation, they can unload that crap. hell, even if they held on to it, they’re really not going to feel the pain like the rest of us.
the fed, the central banks are at the top of the food chain. if their balance sheet goes to ruin, so does ours. except, at the end of the day, they’re still holding all the cards.
drunkle
Participanthey, ownership isn’t just the american dream, it’s a real freaking aspect of prosperity. americans being able to own property is what differentiates us from communists or fascists; people have rights to own property and to protect their property.
bush’s problem with homeownership, along with everything else he does is with the means of achieving the goal; his goals aren’t necessarily bad, his method is. which is truly what makes him a moron, not knowing right from wrong, good from bad, not being able to see past his nose.
September 9, 2007 at 3:00 PM in reply to: Helicopter Drops and Lollipops…why the Fed saving your SD house is a Myth #83956drunkle
Participanti think mish is assuming that the govnt gives a rats ass about the people who will be most affected by dollar devaluation.
drunkle
Participantmy favorites:
albi’s beef inn (pork chops) in hotel circle
phil’s bbq (bbq rib & chick, potato salad) now in loma portal
bbq house (bbq burrito, try beef and pork, and the roast + sausage sandwich) in ob
southwest bar & grill (fried oyster tacos) in ob
dao son (vietnamese curry chicken) in north park
ono sushi (ask for james) in hillcrest
taste of sezjohn (twice cooked pork, mango chick/shrimp) in hillcrest
godfathers 2 (not the pizza chain) in kearny mesa
pachenga casino in temecula
the gathering in mission hills
tazablanca (mojito’s) in north park
tractor room (elk sausage, mint julep’s) in hillcrest
lancers, the bar
tamarack beach
mission hills, los penasquitos nature trails
balboa park
the boat house on shelter (or harbor?) island (across from the airport)
indigo grill (grilled something or other salad, pork chops) in little italy
da kine’s/whatever it’s called now (kalua pig) in pb
island spices (ox tails, get there by noon) in ? logan heights? golden hill?
antique row cafe (french toast, standard, chicken fried) in north park… dont eat outside, the flies…
di mille’s (sausage pizza, chicken marsala) in north park
the casbah
the ponies at del mar
crab hut (fried catfish) in kearny
coronado island on a bike
convoy tofu house (korean spicy stew) in kearny
los pancho’s in bostonia, used to have the best carnitas… dunno anymore, sombrero’s is pretty good tooi need a good place for jambalaya. gulf coast’s sucks.
there’s a ton of good eats just around the corner. there’s lots of places to go hang out, ride bikes, kick back and read a book or people watch… just gotta go out and try stuff. and not worry, not get pissed if it’s not great.
and best steak… is there an lg’s in sd? the aged new york… oh yeah, had a good new york at seau’s once, sans the bearknees or whatever gunk they wanted to put on it.
oh yeah, the sunday brunch at the hanelai hotel…
oh yeah, the mandarin house in hillcrest… get a zombie or 2.
drunkle
Participantyou know, if sd wasn’t so anal about entertainment elsewhere in the county, you probably wouldn’t have the concentration of lowlifes that you do now. if ib were cleaned up, if coronado, del mar to carlsbad weren’t so cloistered…
inland, if there were places for kids to go other than the freaking mall…
drunkle
Participanti just got notice of a $20/month rent hike… due to: water, lawn care, insurance and taxes (?!!). about a 2% hike.
arm resets, subprime, housing in general is so significant in business news these days, you gotta figure some portion of people who will be reset on are paying attention and making plans… meaning, that second wave of resets may have it’s effects sooner and more spread out in fashion. people bailing out sooner, defaulting sooner, whatever.
more than anything, i think the reo’s already in bank possession will control the picture. when the banks start aggressively unloading, they’ll under cut everyone else and drive the market down. especially since they’re not likely to play cash back, comp manipulation games. i think they’re holding back for now in order to not have to reassess their asset holding values and thereby not report how bad a position they actually are…
drunkle
Participantconsidering the number of mortgage houses that have recently gone under, perhaps those holdings are in limbo due to paperwork…
like, the sale of ameritrade to citi. those “assets” are trading hands and need to be sorted out… i think your title is exactly right, a flood, a tidal wave is coming..
it would be interesting to discover the backlog at the bankruptcy courts.
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