[The-Shoveler]

“So instead of being next door to one family who rides their dirtbikes or shoots their gun on weekends (which would probably be fine, you get ther fifty friends too, yipee!!!”

I think the above is fairly rare. really most are attracted to these hinterlands to get away from neighbors and live in peace (maybe do some farming or raise miniature horse’s stuff like that). And that’s just the guys living on the acreage lots, I doubt very much in the nicer tract home areas without HOA’s very many people are shooting guns in their back yards.

[The-Shoveler]

When I was a kid one of our neighbors was restoring an old WWII trainer aircraft. He even started it up a few times (that was a real kick !!). I became a private pilot as soon as I could afford it.
Another neighbor worked in construction and hired and trained several of the kids on our block, (he used to park the trucks in the back yard).
Another neighbor was a special effects self-employed guy who had a work shop in the back yard, my buddy growing up used to spend a lot of time there, now he is an award winning special effects Supervisor/Coordinator. For a lot of A list movies.
I doubt any of that would have ever happened growing up in a HOA scrubbed neighborhood,

[The-Shoveler]

OK here is something kind of off this topic but kind of on target as well.

California will lead the break-up of the US (Dev 2)
IP: Likelihood 8/10. There are some indications already that California wants to split off and such pressures tend to build over time. It is hard to see this waiting until the end of the century. Maybe an East Coast cluster will want to break off too. Pressures come from the enormous differences in wealth generation capability, and people not wanting to fund others if they can avoid it.
Now if we get fusion or even wave energy generation we could desal and be independent.
We do contribute far more fed money than we ever get back so it kind of makes sense.

http://www.bbc.co.uk/news/magazine-16536598

[The-Shoveler]

Here we go again, Risk off.
Germany rejects rescue fund boost, Greece under pressure

http://finance.yahoo.com/news/p-greek-standoff-pressure-euro-065458956.html

FLU maybe try day or swing trading ?

Just kidding sort of,

Also If I was the president of Iran I would start lining up an exit strategy.

[The-Shoveler]

We can’t seem to catch a break although I think there was a recession on the way already in most of the world (just look at Europe and the slowdown in Asia) that would have gotten to us anyway.
Since the contraction was already underway anyway and they are already taking steps to boost supply. I think the price shock will be temporary and minimized if it occurs.

But hey have you hear about the 100 MPG Ford !!! They should sell faster than the Prius in 2008.

[The-Shoveler]

Gee that seems like a real nice home an all and the lot was even good sized (but seems maybe some of that lot was the hill behind the house ?).
But man am I glad I don’t feel compelled to live in CV.
HOA and MR seems too rich for my taste as well.

Anyone see that Tsunami of homes that was supposed to hit about now ?
Maybe yet another false warning yet again.

[The-Shoveler]

Gee I think everyone seems to be missing the point, it really does not matter what is fair or not fair.
Unsustainable is Unsustainable.
If self funded fix income retirements worked I think someone would have come up with a plan to provide this product to all. Maybe that’s the answer. (if the NY banks don’t steal it all first that is).
Whatever you do, don’t let them put the SS funds where the banks can get to it. (gee you think people would learn).

Anyone still think they won’t monetize these issues away ?
Just wondering.

[The-Shoveler]

Mostly what “sdr” and “SD R” said.

But I will add this caveat, I think the upside for Stocks is somewhat limited (maybe 10 -15%)

I say this because companies are operating at maximum efficiency with regards to personal.
(kind of like “coffin corner” if you are familiar with air plane terms)
If they try to grow (add employees) it will be very hard to do so without losing some initial EPS (efficiency). So the upside will be limited I think for a few quarters to a year even as the economy grows.

But while I think the upside is somewhat limited, there is a lot of potential market killers out there,
1) Europe
2) Slow down in China.
3) Iran.

So there is the possibility for a real crash (greater than 40% correction) IMO.
But they are going to try like heck not to let that occur…

Bottom line, limited upside with the real possibility of a market crash.
Me I am on the side lines for now.

[The-Shoveler]

WW Was that you making noise digging in our can ???
I thought it was another Cat.

Gezzzes stay out of our can man,

Just kidding.

[The-Shoveler]

In related news

http://lansner.ocregister.com/2012/01/05/analyst-calif-economy-outpacing-u-s/156716/

The state is performing better than many of its commentators think. The outlook is that this will continue. Beacon forecasts that job growth will accelerate next year and exceed the 2% growth mark by 2012 Q3. The unemployment rate will be around 10.9% by that time and population growth will accelerate driven by a return to positive net migration next year. Not bad.

[The-Shoveler]

Whatever I still believe the endgame there is only one outcome

“debt monetization”

What form it takes and how long it takes is another issue.

(The U.S.A. Federal Gov will never I repeat NEVER !! run out of money, the debt is just a way to keep control).

[The-Shoveler]

California’s population grew about 260,135 in 2011 (that’s down a tad from 2000) but still adding population at about a little less than two TV’s a year.

Mostly the growth is organic (more births than deaths etc…) these days.

With emigration (not migration ) being the dominate other source of population growth since the nighties at least, these days more from Asia less from Mexico than in the past.

Once the economy ever gets moving (which it will someday) I expect Socal to get it’s mojo back.

[The-Shoveler]

HA!! I got to go with John,
Because
“Virtually all my Boomer Friends have their Kids and grand Kids living at home”

Millennials I believe are just being stunted because of lack of jobs and financing.
One day that will change.

I think only a few rich or well off mostly single people do not indicate the whole.

[The-Shoveler]

Will Millenials drive the next Housing BOOM!!!

Here is My Contrarian view.
Virtually all my Boomer Friends have their Kids and grand Kids living at home , and NOT because they “WANT TO”, but because they “HAVE TO”, Others who are living away even have Jobs that would allow for them to PAY for a mortgage but cannot “GET” a mortgage because of the tighter lending standards now, (really if ever there was a time for looser lending standards in most areas in the US. not Coastal SD really, “NOW IS THE TIME” not back in 2004-6).
I think once the ball gets rolling it will pick up speed a lot faster than most think.
But that is just my opinion .

Oh and I did live in a Van for about two months once. (spend most of the time by the beach so not bad really, you can get away with that when you are young).

[The-Shoveler]

[quote=FormerSanDiegan]… or aliens ?[/quote]

Ever heard of the 1942 Battle of L.A. ?

Just saying

How about friendly fire even?

[Author]

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