[nostradamus]

I do not support welfare, SS, or any kind of socialism. I also don’t support illegal immigration but rather better diplomacy.

I have not heard of that scenario (elderly foreign parents getting PR and full benefits) is there somewhere I can read about this? If so that’s trippy but consider this:

IMO non-Americans take care of their elderly. Often they live multiple generations under one roof: parents who bring home the bacon, children who grown and learn, and grandparents who stay home and take care of the children while the parents are out working. When the grandparents are old it is their turn to be taken care of by the rest of the family. This is ideal and just feels “right” to me: we take care of one another generation after generation.

In America, we have day care and social security for that so we don’t need to rely on our families. We have retirement homes and medicare to make sure we’re healthy when we’re old. We have satellite families where everyone is off doing their own thing in their American independent way, and the family as a unit is too spread out to be functional: I.e. we are dysfunctional satellite families and welfare or SS support this. So you might say that welfare and SS perpetuate family dysfunction. In the old days if someone in your family is hungry someone else in the family feeds them, that’s what holds families together and lets them thrive.

Finally, If you are a legal U.S. citizen then I welcome you and your whole family and thank you for coming here, you’re one of us now and have added to our diversity so heck no we’re not going to turn your elderly parents away that’s one of the benefits of doing things legally, welcome to the team.

[nostradamus]

Me too. All my junk is in CDs but it would be nice to have a juicy etf right now that could withstand subprime, politics (especially middle east i.e. oil), and irrational exuberance. There’s so much going on right now with Iraq, Iran, Afghanistan, Korea, China, Europe, and the U.S.A. I guess we could go to Africa, India, or South America, but those guys are affected by everyone else. Aaargh! When I think about it I run back to CDs.

[nostradamus]

That being said, the buffet “Great Moon Buffet” on Garnet is awesome after a day of vball at South Mission. I give it 5 snorts (pig for 5 stars).

[nostradamus]

Sounds like minuteman-style hate mail to me. Something I get from white trash who somehow got me on their email list. Really, it just makes the poem-sender look stupid and angry.

Refugee status is rare and hard to attain. Usually refugees are fleeing military juntas that were probably armed by us.

Getting $1000 for SSI means you worked for 30 or 40 years in a low paying job. If I retire right now (I’m 37) I’d get $2600 in SSI. SSI is stupid and should be abolished anyway (I’m not republican but SSI and labor unions are two big reasons to hate democrats, they created both, the former to fund war of all things).

Don’t be disgruntled to foreigners who came here and did better than you. Focus that poetic energy on making your life better! Then you won’t have time to judge everyone else with your hateful perspective. There are so many opportunities in this country, if you’re not going to take them then someone will (maybe someone foreign).

BTW I’m white, American, and not proud when I see stuff like this. It is a shameful reminder that our country really is going to shit, not because of foreigners but because of dumb Americans.

You are foolish if you think the cause of your problems is foreigners. It’s your own government f’ing you over as a reward for not using your brain when you voted.

[nostradamus]

I have made tens of thousands of dollars using information gleamed from this site. In addition, I’ve learned a lot about housing, mortgages, foreclosures, investing, renting, HOAs, NODs, NOTs, REOs, HELOCs, taxes, and the cyclical nature of real estate. Zip code specific areas are discussed FREQUENTLY and tables of rent, sales, prices, you name it are posted regularly. People even post stock ticker symbols for which I am eternally grateful.

I’ve also learned that irrational people who say things like “we are not in a bubble” or “rents never go down” cause a lot of unpredictable behavior on all markets. Forgive me if I sound slightly hostile, but I promise I have done my best to not say things like “you’re a friggin’ idiot” or “brainless buffoons like you got us into this mess”.

If all you’ve learned form this site is “we are in a correction” then you have not read enough or you’ve ignored what you’ve read because you’re in denial and nothing anyone says can convince you otherwise.

There is an entire blog on 4S Ranch, just search for it and read it, lazy.

[nostradamus]

Old news, farbet!

[nostradamus]

Why would he/she come back to the house? Was he/she a white-collar drug dealer or a scarface? How much is the house selling for? What’s the address? Is your source reliable?

Use the drug dealer thing to deal down the price.

[nostradamus]

Yes, I’m hoping for just a 5 to 10% gain overall on these, not trying to get rich. I sold short at what I thought was the top of one of the snap-back rallies you described, but it climbed a bit against all reason, mainly because bulls think housing has hit the bottom and they are getting deals. Personal experience tells me otherwise: I have one friend who is getting kicked out of his rental because the owner has lost his home, another friend who is considering walking, and a contractor/builder acquaintance who is ready to go bankrupt and willing to take work at 1/4 the fees he charged in the boom times. So I’m going short on builders and materials.

[nostradamus]

I’m playing around with some short stocks and they’re doing kinda crappy today. Anyhow, enjoy the schadenfreude.

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[nostradamus]

I have no evidence to back up this comment but am wondering whether there might be a glut of such things coming on the market dirt cheap.

[nostradamus]

“Biggest amount in four months” doesn’t sound too alarming to me. Should I be alarmed?

[nostradamus]

With housing prices in a free fall and only financially suicidal people buying now, the longer you wait the better. Of course they want you to close sooner.

[nostradamus]

Yes I’m here and foresee that all of SD is screwed. Buy in 2011.

[nostradamus]

I was downtown last night and blown away by all the condos for sale and realtor key lockboxes decorating iron entry gates like some kind of twisted Christmas tree except instead of gifts beneath there were homeless people sleeping. It was bizarre.

[nostradamus]

When the housing market bubbled up so did the housing service sector, termites being one. HVAC, plumbers, contractors, everyone’s prices shot up. I don’t have any problem at all with those guys getting the message that the gravy train has derailed. In fact, I look forward to getting some cheap renovations done by desperate, hungry contractors.

[Author]

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