[permabear]

We have kids and would consider MH or PL – have looked there in the past. But this discussion is neglecting home size. $625k gets you 2300 sq ft in Scripps:

http://www.redfin.com/CA/San-Diego/10444-Woodchuck-Pt-92131/home/4812739

Whereas $625k in Mission Hills gets you 1500 sq ft:

http://www.redfin.com/CA/San-Diego/3541-Curlew-St-92103/home/5373154

Then, families see a 9 API for Scripps High and award-winning elementary schools, and it’s not much of a comparison.

[permabear]

We have kids and would consider MH or PL – have looked there in the past. But this discussion is neglecting home size. $625k gets you 2300 sq ft in Scripps:

http://www.redfin.com/CA/San-Diego/10444-Woodchuck-Pt-92131/home/4812739

Whereas $625k in Mission Hills gets you 1500 sq ft:

http://www.redfin.com/CA/San-Diego/3541-Curlew-St-92103/home/5373154

Then, families see a 9 API for Scripps High and award-winning elementary schools, and it’s not much of a comparison.

[permabear]

We have kids and would consider MH or PL – have looked there in the past. But this discussion is neglecting home size. $625k gets you 2300 sq ft in Scripps:

http://www.redfin.com/CA/San-Diego/10444-Woodchuck-Pt-92131/home/4812739

Whereas $625k in Mission Hills gets you 1500 sq ft:

http://www.redfin.com/CA/San-Diego/3541-Curlew-St-92103/home/5373154

Then, families see a 9 API for Scripps High and award-winning elementary schools, and it’s not much of a comparison.

[permabear]

[quote=ocrenter]While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.[/quote]

Did somebody say my name? 🙂

I actually think the economy is getting better, albeit very slowly. Monthly fluctuations can obscure the overall trend:

http://www.aheadofthecurve-thebook.com/11-03.html

It is interesting that the bond market is giving the middle finger to QE2 though.

In the long term, our country is still f’ed unless we figure out a way to fund stuff like education and bridges. Maybe we just need a few more bridges to collapse and then we can push thru a TBRP – Troubled Bridge Relief Program.

[permabear]

[quote=ocrenter]While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.[/quote]

Did somebody say my name? 🙂

I actually think the economy is getting better, albeit very slowly. Monthly fluctuations can obscure the overall trend:

http://www.aheadofthecurve-thebook.com/11-03.html

It is interesting that the bond market is giving the middle finger to QE2 though.

In the long term, our country is still f’ed unless we figure out a way to fund stuff like education and bridges. Maybe we just need a few more bridges to collapse and then we can push thru a TBRP – Troubled Bridge Relief Program.

[permabear]

[quote=ocrenter]While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.[/quote]

Did somebody say my name? 🙂

I actually think the economy is getting better, albeit very slowly. Monthly fluctuations can obscure the overall trend:

http://www.aheadofthecurve-thebook.com/11-03.html

It is interesting that the bond market is giving the middle finger to QE2 though.

In the long term, our country is still f’ed unless we figure out a way to fund stuff like education and bridges. Maybe we just need a few more bridges to collapse and then we can push thru a TBRP – Troubled Bridge Relief Program.

[permabear]

[quote=ocrenter]While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.[/quote]

Did somebody say my name? 🙂

I actually think the economy is getting better, albeit very slowly. Monthly fluctuations can obscure the overall trend:

http://www.aheadofthecurve-thebook.com/11-03.html

It is interesting that the bond market is giving the middle finger to QE2 though.

In the long term, our country is still f’ed unless we figure out a way to fund stuff like education and bridges. Maybe we just need a few more bridges to collapse and then we can push thru a TBRP – Troubled Bridge Relief Program.

[permabear]

[quote=ocrenter]While jumping on bandwagons is typically not the smartest move, being a permabear can be just as bad as for one’s financial health as being a permabull.[/quote]

Did somebody say my name? 🙂

I actually think the economy is getting better, albeit very slowly. Monthly fluctuations can obscure the overall trend:

http://www.aheadofthecurve-thebook.com/11-03.html

It is interesting that the bond market is giving the middle finger to QE2 though.

In the long term, our country is still f’ed unless we figure out a way to fund stuff like education and bridges. Maybe we just need a few more bridges to collapse and then we can push thru a TBRP – Troubled Bridge Relief Program.

[permabear]

[quote=surveyor]”The American founders believed, and capitalism rests on the belief, that people are driven by “self-interest” and the desire to better our condition. Self-interest is not necessarily bad; in fact, Smith believed, and capitalism presupposes, that the general welfare depends on allowing an individual to pursue his self-interest “as long as he does not violate the laws of justice.” When a person acts in his own interest, “he frequently promotes [the interest] of society more effectually than when he really intends to promote it. ”7

Here it is important to distinguish between self-interest and selfishness. Self-interest—unlike selfishness—will often lead one to commit acts of altruism; rightly understood, it knows that no man is an island, that we are part of a larger community, and that what is good for others is good for us. To put it another way: Pursuing our own good can advance the common good. Even more, advancing the common good can advance our own good.[/quote]

FTFY

I think it’s pretty clear that a large percentage of very wealthy people in the US have derived their wealth by screwing over other people, and robbing publicly-funded institutions like education and social security via government-backed bailouts, taxes, and loopholes that favor the rich over the middle class.

The US will soon be dead-last in education, social support, vacation time, equal rights. We’re all pretending if we still think we’re a “first world” country at this point. Hell, even with technologies we invented like the internet, other countries are blowing by us by using – guess what – public funds to run huge sections of infrastructure.

Look at our rating for internet access:

http://www.nationmaster.com/graph/int_int_int_ban_mbp_percap-international-bandwidth-mbps-per-capita&date=2005

Here’s another one. That’s right, Latvia is ahead of us:

http://www.dslreports.com/r0/download/1538368~c655b533c91ea717854ff853f68cc5ce/Latvia.jpg

Meanwhile we can’t even fix potholes most of the time, because we have the least-progressive tax structure of any developed nation.

[permabear]

[quote=surveyor]”The American founders believed, and capitalism rests on the belief, that people are driven by “self-interest” and the desire to better our condition. Self-interest is not necessarily bad; in fact, Smith believed, and capitalism presupposes, that the general welfare depends on allowing an individual to pursue his self-interest “as long as he does not violate the laws of justice.” When a person acts in his own interest, “he frequently promotes [the interest] of society more effectually than when he really intends to promote it. ”7

Here it is important to distinguish between self-interest and selfishness. Self-interest—unlike selfishness—will often lead one to commit acts of altruism; rightly understood, it knows that no man is an island, that we are part of a larger community, and that what is good for others is good for us. To put it another way: Pursuing our own good can advance the common good. Even more, advancing the common good can advance our own good.[/quote]

FTFY

I think it’s pretty clear that a large percentage of very wealthy people in the US have derived their wealth by screwing over other people, and robbing publicly-funded institutions like education and social security via government-backed bailouts, taxes, and loopholes that favor the rich over the middle class.

The US will soon be dead-last in education, social support, vacation time, equal rights. We’re all pretending if we still think we’re a “first world” country at this point. Hell, even with technologies we invented like the internet, other countries are blowing by us by using – guess what – public funds to run huge sections of infrastructure.

Look at our rating for internet access:

http://www.nationmaster.com/graph/int_int_int_ban_mbp_percap-international-bandwidth-mbps-per-capita&date=2005

Here’s another one. That’s right, Latvia is ahead of us:

http://www.dslreports.com/r0/download/1538368~c655b533c91ea717854ff853f68cc5ce/Latvia.jpg

Meanwhile we can’t even fix potholes most of the time, because we have the least-progressive tax structure of any developed nation.

[permabear]

[quote=surveyor]”The American founders believed, and capitalism rests on the belief, that people are driven by “self-interest” and the desire to better our condition. Self-interest is not necessarily bad; in fact, Smith believed, and capitalism presupposes, that the general welfare depends on allowing an individual to pursue his self-interest “as long as he does not violate the laws of justice.” When a person acts in his own interest, “he frequently promotes [the interest] of society more effectually than when he really intends to promote it. ”7

Here it is important to distinguish between self-interest and selfishness. Self-interest—unlike selfishness—will often lead one to commit acts of altruism; rightly understood, it knows that no man is an island, that we are part of a larger community, and that what is good for others is good for us. To put it another way: Pursuing our own good can advance the common good. Even more, advancing the common good can advance our own good.[/quote]

FTFY

I think it’s pretty clear that a large percentage of very wealthy people in the US have derived their wealth by screwing over other people, and robbing publicly-funded institutions like education and social security via government-backed bailouts, taxes, and loopholes that favor the rich over the middle class.

The US will soon be dead-last in education, social support, vacation time, equal rights. We’re all pretending if we still think we’re a “first world” country at this point. Hell, even with technologies we invented like the internet, other countries are blowing by us by using – guess what – public funds to run huge sections of infrastructure.

Look at our rating for internet access:

http://www.nationmaster.com/graph/int_int_int_ban_mbp_percap-international-bandwidth-mbps-per-capita&date=2005

Here’s another one. That’s right, Latvia is ahead of us:

http://www.dslreports.com/r0/download/1538368~c655b533c91ea717854ff853f68cc5ce/Latvia.jpg

Meanwhile we can’t even fix potholes most of the time, because we have the least-progressive tax structure of any developed nation.

[permabear]

[quote=surveyor]”The American founders believed, and capitalism rests on the belief, that people are driven by “self-interest” and the desire to better our condition. Self-interest is not necessarily bad; in fact, Smith believed, and capitalism presupposes, that the general welfare depends on allowing an individual to pursue his self-interest “as long as he does not violate the laws of justice.” When a person acts in his own interest, “he frequently promotes [the interest] of society more effectually than when he really intends to promote it. ”7

Here it is important to distinguish between self-interest and selfishness. Self-interest—unlike selfishness—will often lead one to commit acts of altruism; rightly understood, it knows that no man is an island, that we are part of a larger community, and that what is good for others is good for us. To put it another way: Pursuing our own good can advance the common good. Even more, advancing the common good can advance our own good.[/quote]

FTFY

I think it’s pretty clear that a large percentage of very wealthy people in the US have derived their wealth by screwing over other people, and robbing publicly-funded institutions like education and social security via government-backed bailouts, taxes, and loopholes that favor the rich over the middle class.

The US will soon be dead-last in education, social support, vacation time, equal rights. We’re all pretending if we still think we’re a “first world” country at this point. Hell, even with technologies we invented like the internet, other countries are blowing by us by using – guess what – public funds to run huge sections of infrastructure.

Look at our rating for internet access:

http://www.nationmaster.com/graph/int_int_int_ban_mbp_percap-international-bandwidth-mbps-per-capita&date=2005

Here’s another one. That’s right, Latvia is ahead of us:

http://www.dslreports.com/r0/download/1538368~c655b533c91ea717854ff853f68cc5ce/Latvia.jpg

Meanwhile we can’t even fix potholes most of the time, because we have the least-progressive tax structure of any developed nation.

[permabear]

[quote=surveyor]”The American founders believed, and capitalism rests on the belief, that people are driven by “self-interest” and the desire to better our condition. Self-interest is not necessarily bad; in fact, Smith believed, and capitalism presupposes, that the general welfare depends on allowing an individual to pursue his self-interest “as long as he does not violate the laws of justice.” When a person acts in his own interest, “he frequently promotes [the interest] of society more effectually than when he really intends to promote it. ”7

Here it is important to distinguish between self-interest and selfishness. Self-interest—unlike selfishness—will often lead one to commit acts of altruism; rightly understood, it knows that no man is an island, that we are part of a larger community, and that what is good for others is good for us. To put it another way: Pursuing our own good can advance the common good. Even more, advancing the common good can advance our own good.[/quote]

FTFY

I think it’s pretty clear that a large percentage of very wealthy people in the US have derived their wealth by screwing over other people, and robbing publicly-funded institutions like education and social security via government-backed bailouts, taxes, and loopholes that favor the rich over the middle class.

The US will soon be dead-last in education, social support, vacation time, equal rights. We’re all pretending if we still think we’re a “first world” country at this point. Hell, even with technologies we invented like the internet, other countries are blowing by us by using – guess what – public funds to run huge sections of infrastructure.

Look at our rating for internet access:

http://www.nationmaster.com/graph/int_int_int_ban_mbp_percap-international-bandwidth-mbps-per-capita&date=2005

Here’s another one. That’s right, Latvia is ahead of us:

http://www.dslreports.com/r0/download/1538368~c655b533c91ea717854ff853f68cc5ce/Latvia.jpg

Meanwhile we can’t even fix potholes most of the time, because we have the least-progressive tax structure of any developed nation.

[permabear]

[quote=sdrealtor]Yes and Jim the Realtor has had how many people actually succeed with his buy on the court house steps program. My guess would be a big fat zero.

I get solicited by hard money guys all day and they are sharks. I will try and PM you a few. They arent giving anything away. 6 pts is common to pay.[/quote]

Thanks sdr – should have emailed you first. I did see they want 4-6 pts and 9-19% interest. Ouch is an understatement.

[permabear]

[quote=sdrealtor]Yes and Jim the Realtor has had how many people actually succeed with his buy on the court house steps program. My guess would be a big fat zero.

I get solicited by hard money guys all day and they are sharks. I will try and PM you a few. They arent giving anything away. 6 pts is common to pay.[/quote]

Thanks sdr – should have emailed you first. I did see they want 4-6 pts and 9-19% interest. Ouch is an understatement.

[Author]

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