Daily Archives: October 23, 2009

Global Warmers gone nuts

Colorado is now paying Tesla purchasers $42,000 to buy a $109,000 sports car. Imagine, if you can, being some poor schlub of a middle-class taxpayer in that fair state, struggling to pay for your kids’ college tuition, a mortgage, health insurance for the family and even, say food, all on a salary of maybe $65,000. Now your money is taken from you at gunpoint and handed over to a fat cat who can afford a two-seater electric toy. Are you happy? I wouldn’t be.

You stay there in Greeley and work, I'm going on vacation!

You stay there in Greeley and work, I'm going on vacation!

7 Comments

Filed under Uncategorized

Another recommendation for Ferdinand Steyer and Mountain Works

Dear Chris,

As an avid reader of your blog I just wanted to take a moment to thank you for a recommendation that you gave on your site.

I required my basement to be built out and my master bathroom renovated. Based on past experiences it never got past the wishing stage.

When I saw your recommendation of Mountain Works I thought that if your recommendation is a solid as the rest of your comments I should call them. Ferdinand called back the same day and we met within a week. To my pleasant surprise he showed up on time, which was a first for me. The next pleasant surprise was when I got his estimate and found out that he isn’t one of those contractors who double their price just based on my Greenwich address.

He handled all the permitting, started construction when he said he would, finished on time and within budget. Communication during the process was excellent and easy. Most of all Ferdinand was a pleasure to deal with.

Once again thank you and keep up the good work.

Bill

5 Comments

Filed under Uncategorized

A contract at last

10 Cornelia10 Cornelia Drive a (beautiful) 1920 house on 1.8 acres is reported under contract. The sellers first tried a price of $9.750 in 2007 and tried again this year at $6.950. That seems to have done the trick.

Comments Off

Filed under Uncategorized

Dodd would like to “move on” from his Countrywide scam

Just as soon as the subpoena’s are issued, Chris. Clinton used to do this very well, saying in effect, “Look, I’ve prevaricated and stalled for two years  – this is old news!”. It worked for the boy from Hope, maybe not so well for the rat from Norwich.

5 Comments

Filed under Uncategorized

The Road to Serfdom

The government taking over General Motors and Chrysler hasn’t worked out so well but surely it will do better running our banks as the next step in socializing the economy. Wall Street executives and even non-financial industry types like the CEO of Home depot are appalled but that doesn’t matter – it’s the popular thing to do. The Journal warns this morning that it sounds like the typical government intervention: both ineffective and harmful.

After he was elected I expressed the hope that Obama would get everything he asked for so that we could finally put to rest the idea that the government was a useful problem solver. That’s all coming true but now i fear pur country won’t survive the demonstration.

7 Comments

Filed under Uncategorized

NAR: sales are greaaate! Mark Hanson: They are not

In fact, he says, they really suck.

Business Insider: “Wait, maybe that positive existing home sales number was a total joke. Real estate analyst Mark Hanson thinks the NAR is cherry picking one dubious seasonally-adjusted number, while ignoring the real story.”

Says Mark:

The tax credit effectively extended the purchase season which is why sales were even this strong. But when you consider the hundreds of billions spent to prop up the housing market, which only resulted in 34k additional sales over last September (one of the worst years on record for housing) and fewer sales YoY in CA, sales were really not that great. When organic sales go away suddenly for the season, which will happen in the near-term whether the tax credit is extended or not, it sets sales and prices up for the largest swings lower we have seen since all this began two years ago. 

ehs sept.png

2 Comments

Filed under Uncategorized