Daily Archives: March 4, 2009

If you can’t nationalize it (yet), tax it out of existence!

No, not the middle class American – his turn is coming – but oil companies. It’s all in the name of global warming, of course. It’s astonishing that these people are dismantling our entire economic system in plain view and the “people” are cheering them on.

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South American Zimbabwe

Last week it was rice factories, today it’s Cargill and other food producers. Chavez is nationalizing everything the Venezuelans need to produce (oil) or eat. If you believe the polls, I suspect a larger percentage of leftists in the United States support this kind of expropriation and would welcome it here than Venezuelans do. But then, so far, only the Venezuelans have to live with the consequences.

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Nazis and left wing trolls

There’s a blogger dictum that says, more or less, that if you let comments run they’re guaranteed to produce a charge of “Nazi ism” within six posts. A fellow commenting below on the Obama bumper sticker broke that rule by coming up with the term after only one commentator had spoken, but he proved the point nonetheless.

He also called me a racist because I disagree with Obama’s prescription for socialism, thus proving other prognosticators right when they predicted, pre-election, that if Obama won any objection to his policies would be labelled racist because, like, you know, man, he’s like Black, so you must be a racist if you don’t go along.”

I find it amusing, in a patronizing sort of way, that people like our radical poster think of themselves as free thinkers, speaking truth to power and thinking where no man dared think before. In fact, were you to assemble a random crop of, college students, professors, Hollywood types and any editor from the New York Times, I could predict with 100% accuracy what their opinions would be on any social or political issue raised. 100% – guaranteed. You can do it too. Give it a try: Gun control? For. Abortion on demand? For. Gay marriage? For. Nuclear power? Against. Iraq war? Against before, ambivalent now. Big Oil? Against. Solar power? For. Power transmission lines? Against. Natural gas pipelines? Against. Speech codes on campus? For. Priuses? For. Organic food? For. Homeopathic “medicines”? For. residential recycling? For.  

Etc.

These people have become the establishment and they are as rigid in their thinking and morality as the establishment they displaced. In fact, given their blindness to what they’ve become, I think they’re worse.

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Reality? We don’ need no stinkin’ reality!

House sub-committee to hold hearings on eliminating mark to market rules.  I suppose if we’re printing imaginary money we might as well have imaginary values for those toxic assets. I assume the thinking is, if Citi can suddenly show, say, $100 billion in assets where today it has none, investors will bid its price back up above penny stock status. Well, they were dumb enough to buy the shit in the first place, so maybe this will work.

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Bumper sticker of the era

A friend of mine designed and sent this to me. I want to check with him to see if he wants credit or would prefer to keep the liberal Greenwich crowd as customers.

sticker_black

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Why I’m proud to be a realtor

Because I no longer have to practice law! Courtesy of Overlawyered.com, here’s a class action suit against Seattle’s municipal water company. The plaintiffs won, which means that the taxpayers will pay themselves a refund out of their own taxes. Oh, minus a wee bit of cash diverted to the lawyers who brought the suit, naturally.

The attorneys who fought the city on the hydrants will get $4.2 million plus interest charges.

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The New Realists

21 Roosevelt Ave. OG

21 Roosevelt Ave. OG

No, that’s not the title of a new philosophy -psycho-drama flick – I’m referring to today’s new batch of sellers. I wasn’t wild about this house on Roosevelt when it came on for $2.495 back in June ’06 but I warmed to it a little when it sold a year later for $2.125 million. It’s back on now for $2.050 which may or may not work but is a darn sight better than the seller figuring out what he paid for it and adding 5% appreciation for each year of ownership.

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Maybe they’ve merged with Realogy!

(from an anonymous reader)

Hi
 
As an Antares watcher, I thought you would be interested in this;
 
I noticed today that Antares’ website is down. Technical issue or something more?Hmmmmm. I also tried to call their phone numbers and they are disconnected. The reason I was checking is they owe my company money.
 
Thanks and keep up the good work!

Update: Web site doesn’t work for me, either. Try it yourself: Antaresrealestate.com

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Chris Dodd loves Bernie

Oh my – it turns out that Bernie Madoff and Ruthie forked over $300,000 of stolen money to the Democrats and, of course, those with their paws out included Chris Dodd, Charles Rangle and Chuck Schumer. That this doesn’t surprise me is a rather sad commentary on Dodd and the company he keeps, but I wonder whether he’ll be returning any of the loot to Madoff’s victims? About as likely as his thatched roof on that illicit cottage in Ireland suddenly getting up and dancing, I’d say.

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All of your bases are belong to us!

2% mortgages for the financially irresponsible, paid for by you. I understand that Obama and his band of communists want to get as many Americans attached to the public teat as possible but I still wonder who they think will pay for all this once they bleed the taxpayers dry?

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How much are refinished floors and a new furnace worth?

Sixty-eight Willowmere Circle is a modest house in a great neighborhood. It sold for $2.9 million in August 2007 and the new owners have done some painting, added central air, redone the floors and installed a new furnace. They have listed it for sale today for $3.150 million which certainly isn’t nuts, but may be a tough sell these days. It’s still a reasonable price to get into Willowmere, but I’m a Riverside boy and prejudiced.

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One $ Million Off

149 Old Church Rd

149 Old Church Rd

This is a great old (1898) house bought for $1.975 million back in 1998, completely renovated and modernized and put up for sale a year ago for $3.795 million. Today it’s down to $2.795 million. That may or may not do the trick but it does make me wonder what the heck is going on with the decrepit old brick house down the street that, if memory serves, is still asking $3.75. It’s an estate sale and you’d think the heirs would be eager to see some money, but I guess not.

Update: here’s the second house – 1905, untouched since then (they may have added indoor plumbing, I guess) and the price is untouched, too!

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I told you that an Obama sticker on your Lexus was stupid

In the months leading up to the last election (that was in November last year, if you recall) I questioned why, other than uncontrollable teenagers, anyone with the wealth to afford a Lexus would vote for their sworn enemy and boast of doing so on their bumper. I still don’t have an answer for that but I am delighted to report that the northern Virgina suburbs, who pushed that state into the Obama camp, have just discovered who he planned to tax to pay for his wonderful schemes. Some of them aren’t happy, which, come to think of it, probably does explain the bumper sticker phenomenon: these people are just dumb as a box of rocks.

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Did Jack Welch destroy GE?

It’s trading around $6 today, and Henry Blodget says it’s Welch’s fault for  turning an industrial company into a failing commercial bank. Hey, works for me. Hope Welch’s ex-wife cashed in whatever GE stock she received in the divorce.

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Stock markets up (for now) homeowners drowing

Dow’s up 155 pts this morning but this Bloomberg article reports that 8.2 million home mortgages are currently under water with another 2 million destined for that unhappy fate if their value falls another 5%. I don’t know about other agents but I’m honing up on short sales proceedures.

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Price cuts

20 Hidden Brook
20 Hidden Brook

Ask: $2.995 million June ’06, sold for $3.0 million.

Ask $3.295 January 2009 – today, $2.995
Ultimate selling price? Who knows? $2.4?
72 Riverside Avenue
72 Riverside Avenue

Sold for $1.695 million 11/28/05

New to market today @ $1.495
Here’s a seller who is aware of what’s happened to the market.

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Do what we say, not what we do

Congress gives up on making Capitol “carbon neutral”.

The promise that the House would effectively reduce its greenhouse gas emissions to zero was a centerpiece of the Green the Capitol program in which the new Democratic leadership sought to use Capitol Hill as a kind of a national demonstration project.

But last week, a spokesman for the House’s chief administrative officer said the chamber’s leadership had dropped an essential part of the plan, the purchase of “carbon offsets” to cancel out emissions from its buildings. Offsets are a controversial commodity that promises that a certain amount of pollution was captured or avoided elsewhere.

“Right now, there is no plan to purchase more offsets,” spokesman Jeff Ventura said. The House paid $89,000 for offsets to cover the last session, in 2007 and 2008. . . .

On Friday, Ventura issued a statement saying that carbon neutrality was no longer the House’s goal.

“Although original ‘carbon neutrality’ targets were achieved [in the last Congress], we recognize a widely accepted standard for ‘absolute neutrality’ does not exist, nor is there any formal accreditation process to certify an organization is carbon neutral,” Ventura said. “Therefore, the second phase of Green the Capitol will focus on the continued reduction of carbon and the saving of energy through operational improvements.”

If you think for a minute that the fat fools’ discovery of cost/benefit analysis will stop them from mandating the goal for us little people, I have some carbon-offsets to sell you.

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You want compost? We got compost!

Don’t try this at Tod’s Point: Indians lack of toilets thwarts growth. Despite my green friend’s extolling the virtues of returning to nature, I always returned to civilization from various hiking trips grateful for things like toilets and hot water. May they long continue.

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I’m not on the list, alas

The Wall Street Journal’s figured out Merrill’s big bonus babies. Is your neighbor on the list? Are you? If you are, feel free to call me and let’s go shopping!

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