[stansd]

A number of you have commented on this already, but the magnitude of layoffs coming is sorely underestimated by your average lay person. I work in finance for a major tech company, and every lever at our disposal is being pulled right now. Travel down 40%, consulting 50%, overtime gone, layoffs in the pipeline, attrition replacement nonexistent, etc. I also know folks well placed at Qualcomm in finance working ridiculous hours, so I can say without question that they are feeling the pain (witness the recent earnings announcement as well).

The other thing folks forget is when you get into the 600k-800k price range, you are dealing with buyers whose income is highly variable: The lawyer whose billable hours are half what they were, the executive whose bonus is nonexistent, the salesman making half what he made last year: Not to mentione stock portfolios that are 40% of what they were, and options that are way underwater.

This will severely reduce the buyer pool, and the other wild card is interest rates, which could skyrocket if our foreign sugar daddies get nervous or decide they’d rather fund domestic consumption than American profligacy.

I just don’t see a bounce in the face of all that.

Stan

[stansd]

A number of you have commented on this already, but the magnitude of layoffs coming is sorely underestimated by your average lay person. I work in finance for a major tech company, and every lever at our disposal is being pulled right now. Travel down 40%, consulting 50%, overtime gone, layoffs in the pipeline, attrition replacement nonexistent, etc. I also know folks well placed at Qualcomm in finance working ridiculous hours, so I can say without question that they are feeling the pain (witness the recent earnings announcement as well).

The other thing folks forget is when you get into the 600k-800k price range, you are dealing with buyers whose income is highly variable: The lawyer whose billable hours are half what they were, the executive whose bonus is nonexistent, the salesman making half what he made last year: Not to mentione stock portfolios that are 40% of what they were, and options that are way underwater.

This will severely reduce the buyer pool, and the other wild card is interest rates, which could skyrocket if our foreign sugar daddies get nervous or decide they’d rather fund domestic consumption than American profligacy.

I just don’t see a bounce in the face of all that.

Stan

[stansd]

A number of you have commented on this already, but the magnitude of layoffs coming is sorely underestimated by your average lay person. I work in finance for a major tech company, and every lever at our disposal is being pulled right now. Travel down 40%, consulting 50%, overtime gone, layoffs in the pipeline, attrition replacement nonexistent, etc. I also know folks well placed at Qualcomm in finance working ridiculous hours, so I can say without question that they are feeling the pain (witness the recent earnings announcement as well).

The other thing folks forget is when you get into the 600k-800k price range, you are dealing with buyers whose income is highly variable: The lawyer whose billable hours are half what they were, the executive whose bonus is nonexistent, the salesman making half what he made last year: Not to mentione stock portfolios that are 40% of what they were, and options that are way underwater.

This will severely reduce the buyer pool, and the other wild card is interest rates, which could skyrocket if our foreign sugar daddies get nervous or decide they’d rather fund domestic consumption than American profligacy.

I just don’t see a bounce in the face of all that.

Stan

[stansd]

A number of you have commented on this already, but the magnitude of layoffs coming is sorely underestimated by your average lay person. I work in finance for a major tech company, and every lever at our disposal is being pulled right now. Travel down 40%, consulting 50%, overtime gone, layoffs in the pipeline, attrition replacement nonexistent, etc. I also know folks well placed at Qualcomm in finance working ridiculous hours, so I can say without question that they are feeling the pain (witness the recent earnings announcement as well).

The other thing folks forget is when you get into the 600k-800k price range, you are dealing with buyers whose income is highly variable: The lawyer whose billable hours are half what they were, the executive whose bonus is nonexistent, the salesman making half what he made last year: Not to mentione stock portfolios that are 40% of what they were, and options that are way underwater.

This will severely reduce the buyer pool, and the other wild card is interest rates, which could skyrocket if our foreign sugar daddies get nervous or decide they’d rather fund domestic consumption than American profligacy.

I just don’t see a bounce in the face of all that.

Stan

[stansd]

A number of you have commented on this already, but the magnitude of layoffs coming is sorely underestimated by your average lay person. I work in finance for a major tech company, and every lever at our disposal is being pulled right now. Travel down 40%, consulting 50%, overtime gone, layoffs in the pipeline, attrition replacement nonexistent, etc. I also know folks well placed at Qualcomm in finance working ridiculous hours, so I can say without question that they are feeling the pain (witness the recent earnings announcement as well).

The other thing folks forget is when you get into the 600k-800k price range, you are dealing with buyers whose income is highly variable: The lawyer whose billable hours are half what they were, the executive whose bonus is nonexistent, the salesman making half what he made last year: Not to mentione stock portfolios that are 40% of what they were, and options that are way underwater.

This will severely reduce the buyer pool, and the other wild card is interest rates, which could skyrocket if our foreign sugar daddies get nervous or decide they’d rather fund domestic consumption than American profligacy.

I just don’t see a bounce in the face of all that.

Stan

[stansd]

Typically, yes, they would get married in a gay friendly church, and hauling religious leaders into court while rare, has, and would happen.

I have a picture in my possession of a husband and a husband with coloring scribbles all over it from the child who brought it home from the Poway Unified School District. That isn’t a scare tactic, that’s reality.

Stan

[stansd]

Typically, yes, they would get married in a gay friendly church, and hauling religious leaders into court while rare, has, and would happen.

I have a picture in my possession of a husband and a husband with coloring scribbles all over it from the child who brought it home from the Poway Unified School District. That isn’t a scare tactic, that’s reality.

Stan

[stansd]

Typically, yes, they would get married in a gay friendly church, and hauling religious leaders into court while rare, has, and would happen.

I have a picture in my possession of a husband and a husband with coloring scribbles all over it from the child who brought it home from the Poway Unified School District. That isn’t a scare tactic, that’s reality.

Stan

[stansd]

Typically, yes, they would get married in a gay friendly church, and hauling religious leaders into court while rare, has, and would happen.

I have a picture in my possession of a husband and a husband with coloring scribbles all over it from the child who brought it home from the Poway Unified School District. That isn’t a scare tactic, that’s reality.

Stan

[stansd]

Typically, yes, they would get married in a gay friendly church, and hauling religious leaders into court while rare, has, and would happen.

I have a picture in my possession of a husband and a husband with coloring scribbles all over it from the child who brought it home from the Poway Unified School District. That isn’t a scare tactic, that’s reality.

Stan

[stansd]

OK, I’ll bite despite the fact that these OT threads piss off many on the board and the beating I’m likely to take:

I’m libertarian and I voted for proposition 8. Is this a contradiction? Yes.

Here’s my logic: Morally, I’m against gay marriage. That said, I would never legislate against it by that fact alone. I am also a pragmatist, however. Even though I’m libertarian and would never want to use the state to legislate against another’s social freedoms, others don’t share that belief and are not afraid to use the strong arm of the state to legislate/infringe on mine.

The arguments of those in favor of prop 8 were not completely fanciful. The gay community has an agenda, and this agenda would have resulted in gay marriage being taught in public schools as well as relgious people/institutions being persecuted. Religous leaders would have been hauled into court for not performing same sex marriages, and tax exempt status would have been revoked on grounds of discrimination at some point in the not too distant future.

So, long story short. I have no issue with homosexuality that doesn’t impact me personally. Some of my closest friends are gay, many people I work with are gay, and I have no issue with it outside of my own moral beliefs, which I have no need to project on others.

That said, the gay community will/would seek to aggressively push it’s rights and its agenda. This would ultimately affect my kids, and religious institutions that I frequent.

The gay community needs to pause a bit. Staunchly defending one’s rights is understandable (If I was gay, I’m sure I’d do the same thing), but when it moves onto forcing that agenda onto the educations of others kids, and at times in opposition to the moral/religous beliefs of others, people understandably recoil and lash back.

That’s what happened here. Prop 8 would have never passed if it weren’t for a recognition of the law of unintended consequences. I’m confident this will be overturned in the next 10 years either by judicial fiat, or via another ballot initiative that might offer protections against some of the fears I outlined above.

Fire away.

Stan

[stansd]

OK, I’ll bite despite the fact that these OT threads piss off many on the board and the beating I’m likely to take:

I’m libertarian and I voted for proposition 8. Is this a contradiction? Yes.

Here’s my logic: Morally, I’m against gay marriage. That said, I would never legislate against it by that fact alone. I am also a pragmatist, however. Even though I’m libertarian and would never want to use the state to legislate against another’s social freedoms, others don’t share that belief and are not afraid to use the strong arm of the state to legislate/infringe on mine.

The arguments of those in favor of prop 8 were not completely fanciful. The gay community has an agenda, and this agenda would have resulted in gay marriage being taught in public schools as well as relgious people/institutions being persecuted. Religous leaders would have been hauled into court for not performing same sex marriages, and tax exempt status would have been revoked on grounds of discrimination at some point in the not too distant future.

So, long story short. I have no issue with homosexuality that doesn’t impact me personally. Some of my closest friends are gay, many people I work with are gay, and I have no issue with it outside of my own moral beliefs, which I have no need to project on others.

That said, the gay community will/would seek to aggressively push it’s rights and its agenda. This would ultimately affect my kids, and religious institutions that I frequent.

The gay community needs to pause a bit. Staunchly defending one’s rights is understandable (If I was gay, I’m sure I’d do the same thing), but when it moves onto forcing that agenda onto the educations of others kids, and at times in opposition to the moral/religous beliefs of others, people understandably recoil and lash back.

That’s what happened here. Prop 8 would have never passed if it weren’t for a recognition of the law of unintended consequences. I’m confident this will be overturned in the next 10 years either by judicial fiat, or via another ballot initiative that might offer protections against some of the fears I outlined above.

Fire away.

Stan

[stansd]

OK, I’ll bite despite the fact that these OT threads piss off many on the board and the beating I’m likely to take:

I’m libertarian and I voted for proposition 8. Is this a contradiction? Yes.

Here’s my logic: Morally, I’m against gay marriage. That said, I would never legislate against it by that fact alone. I am also a pragmatist, however. Even though I’m libertarian and would never want to use the state to legislate against another’s social freedoms, others don’t share that belief and are not afraid to use the strong arm of the state to legislate/infringe on mine.

The arguments of those in favor of prop 8 were not completely fanciful. The gay community has an agenda, and this agenda would have resulted in gay marriage being taught in public schools as well as relgious people/institutions being persecuted. Religous leaders would have been hauled into court for not performing same sex marriages, and tax exempt status would have been revoked on grounds of discrimination at some point in the not too distant future.

So, long story short. I have no issue with homosexuality that doesn’t impact me personally. Some of my closest friends are gay, many people I work with are gay, and I have no issue with it outside of my own moral beliefs, which I have no need to project on others.

That said, the gay community will/would seek to aggressively push it’s rights and its agenda. This would ultimately affect my kids, and religious institutions that I frequent.

The gay community needs to pause a bit. Staunchly defending one’s rights is understandable (If I was gay, I’m sure I’d do the same thing), but when it moves onto forcing that agenda onto the educations of others kids, and at times in opposition to the moral/religous beliefs of others, people understandably recoil and lash back.

That’s what happened here. Prop 8 would have never passed if it weren’t for a recognition of the law of unintended consequences. I’m confident this will be overturned in the next 10 years either by judicial fiat, or via another ballot initiative that might offer protections against some of the fears I outlined above.

Fire away.

Stan

[stansd]

OK, I’ll bite despite the fact that these OT threads piss off many on the board and the beating I’m likely to take:

I’m libertarian and I voted for proposition 8. Is this a contradiction? Yes.

Here’s my logic: Morally, I’m against gay marriage. That said, I would never legislate against it by that fact alone. I am also a pragmatist, however. Even though I’m libertarian and would never want to use the state to legislate against another’s social freedoms, others don’t share that belief and are not afraid to use the strong arm of the state to legislate/infringe on mine.

The arguments of those in favor of prop 8 were not completely fanciful. The gay community has an agenda, and this agenda would have resulted in gay marriage being taught in public schools as well as relgious people/institutions being persecuted. Religous leaders would have been hauled into court for not performing same sex marriages, and tax exempt status would have been revoked on grounds of discrimination at some point in the not too distant future.

So, long story short. I have no issue with homosexuality that doesn’t impact me personally. Some of my closest friends are gay, many people I work with are gay, and I have no issue with it outside of my own moral beliefs, which I have no need to project on others.

That said, the gay community will/would seek to aggressively push it’s rights and its agenda. This would ultimately affect my kids, and religious institutions that I frequent.

The gay community needs to pause a bit. Staunchly defending one’s rights is understandable (If I was gay, I’m sure I’d do the same thing), but when it moves onto forcing that agenda onto the educations of others kids, and at times in opposition to the moral/religous beliefs of others, people understandably recoil and lash back.

That’s what happened here. Prop 8 would have never passed if it weren’t for a recognition of the law of unintended consequences. I’m confident this will be overturned in the next 10 years either by judicial fiat, or via another ballot initiative that might offer protections against some of the fears I outlined above.

Fire away.

Stan

[stansd]

OK, I’ll bite despite the fact that these OT threads piss off many on the board and the beating I’m likely to take:

I’m libertarian and I voted for proposition 8. Is this a contradiction? Yes.

Here’s my logic: Morally, I’m against gay marriage. That said, I would never legislate against it by that fact alone. I am also a pragmatist, however. Even though I’m libertarian and would never want to use the state to legislate against another’s social freedoms, others don’t share that belief and are not afraid to use the strong arm of the state to legislate/infringe on mine.

The arguments of those in favor of prop 8 were not completely fanciful. The gay community has an agenda, and this agenda would have resulted in gay marriage being taught in public schools as well as relgious people/institutions being persecuted. Religous leaders would have been hauled into court for not performing same sex marriages, and tax exempt status would have been revoked on grounds of discrimination at some point in the not too distant future.

So, long story short. I have no issue with homosexuality that doesn’t impact me personally. Some of my closest friends are gay, many people I work with are gay, and I have no issue with it outside of my own moral beliefs, which I have no need to project on others.

That said, the gay community will/would seek to aggressively push it’s rights and its agenda. This would ultimately affect my kids, and religious institutions that I frequent.

The gay community needs to pause a bit. Staunchly defending one’s rights is understandable (If I was gay, I’m sure I’d do the same thing), but when it moves onto forcing that agenda onto the educations of others kids, and at times in opposition to the moral/religous beliefs of others, people understandably recoil and lash back.

That’s what happened here. Prop 8 would have never passed if it weren’t for a recognition of the law of unintended consequences. I’m confident this will be overturned in the next 10 years either by judicial fiat, or via another ballot initiative that might offer protections against some of the fears I outlined above.

Fire away.

Stan

[Author]

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