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tangouniform
ParticipantNow I know what the WGA members are doing with their time.
Professor Piggington’s Hot-n-Steamy Almanac for the Landed Poor aka The Bears in Heat Blog
The sad part is that I read all 5 pages of that other thread and will probably go back for more, against my better judgment…
Onto a personal observation: hugs are usually acceptable on a first date, especially if there’s an open understanding of the meaning of the date. The more body contact you get out of the hug the better the chances you’ll be able to get off a quick smooch without crossing the ‘line’.
ParticipantNow I know what the WGA members are doing with their time.
Professor Piggington’s Hot-n-Steamy Almanac for the Landed Poor aka The Bears in Heat Blog
The sad part is that I read all 5 pages of that other thread and will probably go back for more, against my better judgment…
Onto a personal observation: hugs are usually acceptable on a first date, especially if there’s an open understanding of the meaning of the date. The more body contact you get out of the hug the better the chances you’ll be able to get off a quick smooch without crossing the ‘line’.
ParticipantNow I know what the WGA members are doing with their time.
Professor Piggington’s Hot-n-Steamy Almanac for the Landed Poor aka The Bears in Heat Blog
The sad part is that I read all 5 pages of that other thread and will probably go back for more, against my better judgment…
Onto a personal observation: hugs are usually acceptable on a first date, especially if there’s an open understanding of the meaning of the date. The more body contact you get out of the hug the better the chances you’ll be able to get off a quick smooch without crossing the ‘line’.
ParticipantNow I know what the WGA members are doing with their time.
Professor Piggington’s Hot-n-Steamy Almanac for the Landed Poor aka The Bears in Heat Blog
The sad part is that I read all 5 pages of that other thread and will probably go back for more, against my better judgment…
Onto a personal observation: hugs are usually acceptable on a first date, especially if there’s an open understanding of the meaning of the date. The more body contact you get out of the hug the better the chances you’ll be able to get off a quick smooch without crossing the ‘line’.
ParticipantNow I know what the WGA members are doing with their time.
Professor Piggington’s Hot-n-Steamy Almanac for the Landed Poor aka The Bears in Heat Blog
The sad part is that I read all 5 pages of that other thread and will probably go back for more, against my better judgment…
Onto a personal observation: hugs are usually acceptable on a first date, especially if there’s an open understanding of the meaning of the date. The more body contact you get out of the hug the better the chances you’ll be able to get off a quick smooch without crossing the ‘line’.
ParticipantI like the “rent-to-own” concept:
You want to own a house outright at some point (to eliminate most of the housing expense when you retire, say). Your standard monthly mortgage is composed of overhead and debt payoff. That debt hangs over you like a piano on a cartoon string. Why not flip it around so your money is working for you:
* The bank owns the property outright for the term. The term length is flexible, depending on your goals.
* You pay a monthly overhead fee (rent) and pay an installment of the principal into escrow. The bank gets a cut of the overhead fee and uses the remainder to pay property upkeep via some property management company.
* The bank maybe gets a cut of the interest generated by the principal payoff funds that sit in escrow.
* At the end of the term, a cash transaction takes place and you get the clear deed.
* If you decide to move before the end of the term then the property is appraised and if it’s the same or higher (inflation adjusted?) than the contracted terms then you get all your funds back from escrow and are free to go your way. If, alas, the property appraises under the contracted term price then you lose money from your escrow account (maybe some fractional multiplier kicks in to keep you from being sucked dry?). The appraisal is a “mark to market” moment. The property is put back on the market at or around the appraisal price. If other lenders are doing similar things then the appraised price will be pretty accurate for the market, I think.I like this because you know exactly where you stand. You’re renting from the bank and you know exactly how much cash equity you have in your escrow account. I think this would preclude the creation of bubbles because the only way you can sell property is if you own it outright. You can’t leverage OPM; that’s the bank’s job now and they’re regulated. Maybe.
Some of us renters are doing something like this right now. I’m socking money away like mad and paying for my housing like its a service. At some point in the next few years I expect the (falling) house price curve to intersect my (rising) cash balance curve. At that point I can buy in cash and then start REALLY saving because I’ll have chopped my housing costs back further.
ParticipantI like the “rent-to-own” concept:
You want to own a house outright at some point (to eliminate most of the housing expense when you retire, say). Your standard monthly mortgage is composed of overhead and debt payoff. That debt hangs over you like a piano on a cartoon string. Why not flip it around so your money is working for you:
* The bank owns the property outright for the term. The term length is flexible, depending on your goals.
* You pay a monthly overhead fee (rent) and pay an installment of the principal into escrow. The bank gets a cut of the overhead fee and uses the remainder to pay property upkeep via some property management company.
* The bank maybe gets a cut of the interest generated by the principal payoff funds that sit in escrow.
* At the end of the term, a cash transaction takes place and you get the clear deed.
* If you decide to move before the end of the term then the property is appraised and if it’s the same or higher (inflation adjusted?) than the contracted terms then you get all your funds back from escrow and are free to go your way. If, alas, the property appraises under the contracted term price then you lose money from your escrow account (maybe some fractional multiplier kicks in to keep you from being sucked dry?). The appraisal is a “mark to market” moment. The property is put back on the market at or around the appraisal price. If other lenders are doing similar things then the appraised price will be pretty accurate for the market, I think.I like this because you know exactly where you stand. You’re renting from the bank and you know exactly how much cash equity you have in your escrow account. I think this would preclude the creation of bubbles because the only way you can sell property is if you own it outright. You can’t leverage OPM; that’s the bank’s job now and they’re regulated. Maybe.
Some of us renters are doing something like this right now. I’m socking money away like mad and paying for my housing like its a service. At some point in the next few years I expect the (falling) house price curve to intersect my (rising) cash balance curve. At that point I can buy in cash and then start REALLY saving because I’ll have chopped my housing costs back further.
ParticipantIf you haven’t signed a NDA then you’re not an “insider”, no matter what you think. If you’re an officer then you’ll be signing one as part of your bonding and employment contract. If you’re a J6P employee with access to financial or business info that could get you entangled with the SEC then you’ll be signing an NDA before you get access.
One exception: if you’re the janitor that’s rifling desks in the quest to find the next big thing then you’re engaging in actionable activities that may get the Fan Belt Inspectors on your broom-pushin’ behind.
Rule One in the Corporate World: CYA with paper.
ParticipantIf you haven’t signed a NDA then you’re not an “insider”, no matter what you think. If you’re an officer then you’ll be signing one as part of your bonding and employment contract. If you’re a J6P employee with access to financial or business info that could get you entangled with the SEC then you’ll be signing an NDA before you get access.
One exception: if you’re the janitor that’s rifling desks in the quest to find the next big thing then you’re engaging in actionable activities that may get the Fan Belt Inspectors on your broom-pushin’ behind.
Rule One in the Corporate World: CYA with paper.
ParticipantIf you haven’t signed a NDA then you’re not an “insider”, no matter what you think. If you’re an officer then you’ll be signing one as part of your bonding and employment contract. If you’re a J6P employee with access to financial or business info that could get you entangled with the SEC then you’ll be signing an NDA before you get access.
One exception: if you’re the janitor that’s rifling desks in the quest to find the next big thing then you’re engaging in actionable activities that may get the Fan Belt Inspectors on your broom-pushin’ behind.
Rule One in the Corporate World: CYA with paper.
ParticipantEngineer, you’re mistaken if you think the fragments from imploding leveraged funds are less important than IEDs in “The Iraqi Oilcapades (Smart People on Sand!)”.
Like the newer IEDs found propped in the roadside rubble, the whole MBS market looks like a copper EFP aimed right at Mr/Mrs America’s tricked out, bought on HELOC-money Hummer. Bummer.
We’ve seen the central banks’ liquidity body armor in action the past few days but if you’re getting body armor hits then you’re too close to the fight, pardner, and you’re one lucky shot away from a body bag.
The other problem with being too close to the fight is air support is more difficult to direct. Sure, you can call in Helicopter Ben for a drop but some of your guys are going to get killed…
The bottom line is that while we may be using billions of OPM in Iraq and enslaving our kids, we don’t see the immediate effects. When the credit market and the housing market finally get marked back to rational levels we are going to see the effects first-hand and personally.
ParticipantEngineer, you’re mistaken if you think the fragments from imploding leveraged funds are less important than IEDs in “The Iraqi Oilcapades (Smart People on Sand!)”.
Like the newer IEDs found propped in the roadside rubble, the whole MBS market looks like a copper EFP aimed right at Mr/Mrs America’s tricked out, bought on HELOC-money Hummer. Bummer.
We’ve seen the central banks’ liquidity body armor in action the past few days but if you’re getting body armor hits then you’re too close to the fight, pardner, and you’re one lucky shot away from a body bag.
The other problem with being too close to the fight is air support is more difficult to direct. Sure, you can call in Helicopter Ben for a drop but some of your guys are going to get killed…
The bottom line is that while we may be using billions of OPM in Iraq and enslaving our kids, we don’t see the immediate effects. When the credit market and the housing market finally get marked back to rational levels we are going to see the effects first-hand and personally.
ParticipantEngineer, you’re mistaken if you think the fragments from imploding leveraged funds are less important than IEDs in “The Iraqi Oilcapades (Smart People on Sand!)”.
Like the newer IEDs found propped in the roadside rubble, the whole MBS market looks like a copper EFP aimed right at Mr/Mrs America’s tricked out, bought on HELOC-money Hummer. Bummer.
We’ve seen the central banks’ liquidity body armor in action the past few days but if you’re getting body armor hits then you’re too close to the fight, pardner, and you’re one lucky shot away from a body bag.
The other problem with being too close to the fight is air support is more difficult to direct. Sure, you can call in Helicopter Ben for a drop but some of your guys are going to get killed…
The bottom line is that while we may be using billions of OPM in Iraq and enslaving our kids, we don’t see the immediate effects. When the credit market and the housing market finally get marked back to rational levels we are going to see the effects first-hand and personally.
ParticipantThis is the office restroom equivalent of flushing after a fart. Sure, it seems like progress but everyone else in the restroom will still be gagging on the smell.
I like looking at the slope of the inventory 1-YR MA. It’s like looking at the short/long interest.
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