Stacy Summary: Fascinating charts (via Mish) on least and most affordable housing in the world. Needless to say, Canada, Australia, UK and US dominate in the ‘least affordable’ category. But I was surprised that they TOTALLY dominated. I expected at least one of say Paris, Amsterdam, Moscow, Hong Kong or Singapore to be on the least affordable list? (I might add, the US also dominates the ‘most affordable’ list). (Update: France is not included in the list of countries/cities in the housing index).
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Australia is a real hole now. Look at this piece of garbage for $760k.
http://www.domain.com.au/Property/For-Sale/House/NSW/Allambie-Heights/?adid=2008141589
I’m really stinging for a depression.
Haiti real estate is a real bargain if you can tolerate of being crush now and then by your roof. A rea steal. This statistic means absolutely nothing. Other important factors are missing. Affordeable here does not mean a good buy.
@phil
or maybe if we hope and wish and pray and look up at the sky long enough some benevolent and aliens will come down and act like father figures to us!!!
BTW…
I was just wondering when M&S would run of material on the Biggest Heist in History … seems just to go on and on … almost never ending !
Good for Max & Stacy’s website I suppose !
OTOH, never underestimate the length and depth of lies that the Govts. will get up to to keep the music playing …saying “it’s good for us, we don’t want the system to collapse, now do we ! ”
…. which comes to the real problem IMO :
Who and what will it replaced with ?
@frances … total global control NWO / BIS / IMF ?
@Bonn … (alcohol) prohibition ?
@Me … total Fiat collapse and forced back to the reality of real money – Gold and Silver ?
FWIW
The gold supression scheme seems to be failing..Oil should go up, not gold..Maybe the owners have reached a conclusion on who owns most, or the occupation of Haiti secured gold dominance for the US?
“Gold and copper were found in the Caribbean nation decades ago, but Haiti’s instability and lack of infrastructure have discouraged investment. A Barrick Gold Corp site about 130 miles (210 kilometers) southeast in the Dominican Republic is estimated to contain 20.4 million ounces of gold.” from http://tinyurl.com/ydxwpql (may 2009)
@aman
Er… maybe think america… think… commercialisation, self promotion, self obsession… etc, etc!!!
PS@The Secessionist Campaign for the Republic of Vermont
By Christopher Ketcham / Montpelier Sunday, Jan. 31, 2010
TIME … whole article.
http://www.time.com/time/nation/article/0,8599,1957743,00.html
The Secessionist Campaign for the Republic of Vermont
…
…
On Jan. 15, in the state capital of Montpelier, nine candidates for statewide office gathered in a tiny room at the Capitol Plaza Hotel, to announce they wanted a divorce from the United States of America. “For the first time in over 150 years, secession and political independence from the U.S. will be front and center in a statewide New England political campaign,” said Thomas Naylor, 73, one of the leaders of the campaign.
A former Duke University economics professor, Naylor heads up the Second Vermont Republic, which he describes as “left-libertarian, anti-big government, anti-empire, antiwar, with small is beautiful as our guiding philosophy.” The group not only advocates the peaceful secession of Vermont but has minted its own silver “token” – valued at $25 – and, as part of a publishing venture with another secessionist group, runs a monthly newspaper called Vermont Commons, with a circulation of 10,000. According to a 2007 poll, they have support from at least 13% of state voters. The campaign slogan, Naylor told me, is “Imagine Free Vermont.” In his fondest imaginings, Naylor said, Vermonters would not be “forced to participate in killing women and children in the Middle East.”
…
…
http://www.lewrockwell.com/spl2/vermont-secession-campaign.html
Read Roepke:
Economics of a Free Society
http://mises.org/books/roepke-freesociety.pdf
Hey stacy
I am getting Scottrade banner on top of http://www.maxkeiser.com website banner and it seems to be super imposed on website banner where there used to be goldmoney banner.
Is it being put by you guys or site is being hacked? Just wondering if its by you guys as in last two years i haven’t seen any commercial add on your site.
Aman
did anyone watch hank paulson plug his new book on squawk box today…..i threw up
Exercise for today,..write essay about either Tony Blair or George Bush(or any politican/lawyer), incorporating each of the traits below:
Glibness/superficial charm.
Grandiose sense of self-worth.
Need for stimulation/proneness to boredom
Pathological lying
Conning/manipulative
Lack of remorse or guilt
Shallow affect
Callous/lack of empathy
Parasitic lifestyle
Poor behavioral controls
Promiscuous sexual behavior
Early behavior problems
Lack of realistic, long-term plans
Impulsivity
Irresponsibility
Failure to accept responsibility for own actions
Many short-term marital relationships
Juvenile delinquency
Revocation of conditional release
Criminal versatility (Hare, 1986)
Above, the traits of a psychopath. : )
SAM ALITO, PINK CANTOR AND THE OBAMA FAN CLUB
http://www.youtube.com/watch?v=78kpLT6MbOc&feature=sub
Must watch IMO.
Congressional corruption 1st. hand !
@Mep…..I dont disagree
========
where’s Penticton on that list?
========
http://en.wikipedia.org/wiki/Penticton
It beats me, but all BC housing markets outside of the Vancouver / Victoria / Nanaimo vortex of unaffordability — are not having their house price bubbles burst (with the same level of magnitude or impact) as the major cities.
Oddly, 2 or 3 years ago I saw a house going for 325,000 AUD in Ceduna, South Australia — so these outback housing markets in Canada or Australia are prone to have nebhorhoods where bubble housing price effects are more severe.
But if you are looking for an affordable house in the BC regions — you can find it.
As resource prices increase, house prices in the resource economies will continue to increase. the market will assess future median income against current median house price in setting house prices
OPINION
U.S. financial oligarchy to open floodgates for gold and silver
The behaviour of, and lack of oversight of, America’s financial elite continues to pave the way for further dollar devaluation and for inflation, which in turn will benefit gold and silver
Author: Lorimer Wilson
Posted: Saturday , 30 Jan 2010
http://mineweb.com/mineweb/view/mineweb/en/page67?oid=96858&sn=Detail&pid=1
AIG Counterparty, Merrill Lynch, Blackrock’s Major Shareholder
http://www.youtube.com/watch?v=CvUtdzeWCzE&feature=sub
@ dan valley – Just thought it would be a fun counter to your quote. The founding fathers actually didn’t think much of the rabble.
@Mep….the savior will only come when he is no longer necssary.
Our countrymen have all the folly of the ass and all the passiveness of the sheep . . . they are determined not to be free . . . . If we are saved, France and Spain must save us.
- Benjamin Franklin
@MAX
where’s Penticton on that list?
“If you make yourselves sheep, the wolves will eat you.” – Benjamin Franklin
A quote from another list whose location I cannot reveal:
Main moral:
Contact with Americans could kill you as they are loaded with Anti-biotic resistant infections!
No point in owning a house in the US, as the population is so sickly that contact with them could kill you!
==============
I beg to differ with you. I’m not bent out of shape but I’m guessing you’re getting a lot of your information from Fox and Limbaugh radio. I’m in the US and I just don’t see where the facts and what you say meet.
The US government is basically controlled by the ones who own the top 1% of the wealth in the country/world, the owners, and they are not liberal I assure you. Health care is not really being socialized in the sense that I think you mean.
What is currently up for grabs, in the owner controlled Senate, is how much more of the money river from the middle class will be diverted to the health insurance industry.
This has absolutely nothing to do with ‘liberals’ ruining or socializing the country. It has everything to do with the flow of money and where it comes from and to whom it’s going and most importantly who controls it.
The owners use the above mentioned media to keep many people scared and confused as to what is happening. You could call this the old ‘smoke and mirrors’ trick or whatever.
The point being is that they keep most thinking along the wrong lines and most importantly manage to divide the populace so that they think all the trouble is caused from the ‘other side’.
There are two sides alright and they are the very rich and the rest of us. There’s actually a fair number of the ‘us’ group that truly think that they will be able to become one of the rich so they very willingly go along with the program presented by the real owner’s media.
Check out what Rupert Murdoch owns. This man is not liberal. The current White House occupant is actually following the track of the last occupant to the point of diverting even more money from the middle class to the military industrial complex aka MIC just like the medical industrial complex. Together, both MICs, take a very large chuck of change from the middle class and they both produce a very hansom margin for their owners.
I did not get the sense that the head of GM was very liberal when he appeared in front of congress. Maybe some of the share holders are a bit left of far right. I really don’t know and I don’t know how that could really be tested.
Wealth goes a long way toward controlling population. The more stuff people have the less children they have in general. Children are wealth in ‘lesser developed’ countries.
Population increases until the lack of resources or disease come into play. The biggest limiter has always been disease. With so many antibiotic resistant pathogens developing it will be interesting to watch what happens to population numbers.
This is why I find it interesting that so many are opposed to universal health care in the US. I really don’t like being in close spaces like airplanes, elevators, etc. with people who have easily preventable antibiotic resistant diseases.
Diseases that could have been prevented had they had access to universal health care.
==============
Strangely Obama’s 2011 tax increases help growth now as citizens accelerate income for lower rates http://bit.ly/caswsT. Apres, le deluge.
Market Watch…
20 reasons Global Debt Time Bomb explodes soon
Which trigger will ignite the Great Depression II, wipe out your retirement?
…
…
http://www.marketwatch.com/story/our-debt-time-bomb-is-ready-to-go-ka-boom-2010-02-02?pagenumber=1
MSN Money …
Struggling towns printing their own cash
http://articles.moneycentral.msn.com/Banking/BetterBanking/struggling-towns-printing-their-own-cash.aspx
.
.
.
CNBC…
Does China Hold The Purse Strings?
http://www.youtube.com/watch?v=D7TM3T_DX7U&feature=sub
@marietta … Hayek on competitive currencies:
Yeah marietta , he is SO right.
I normally have no heroes I look up to, but if I had to choose: von Mises and Hayek would be #1 and #2.
@ Gordo – You’ll love this one: DNC spent $460K on Ben Nelson ad in which he derided “government run health care”!!!!!!! And the fuckers wonder why ordinary people have stopped donating $ to them!
http://www.huffingtonpost.com/2010/02/01/dnc-defends-spending-460k_n_445272.html
==========
but most houses in the US are made of cardboard
==========
counterfeit imitation toilet paper shacks
for the upmarket ones use papier macher instead
Scroll down to the neat chart on Drugs v historic events (Afghan)
http://www.marketoracle.co.uk/Article16901.html
typo:
1. There is no national health care system…
US will always be the most unaffordable housing market for these simple reasons:
1. There is not national health care system, so unless you create a paper corporation to own your house — it will be lost to the doctors and hospitals.
2. The US is the most in debt nation I know of, per capita. Government confiscation of wealth — or government regulated private sector — will always act as powerful forces to make people lose their homes.
Failing to take these factors into account fully is a failure on Mish’s part.
However, it means the US gets Gold medals all the time for these kinds of competitions — and winning is all important regardless of the cost — the quintisential US value.
If you throw Whistler into the Vancouver house market — Vancouver can be made to look less affordable than it really is.
There are a lot of upmarket suburbs on Vancouver area hillsides that did not exist 15 years ago — ignore these and Vancouver looks even cheaper.
Factor out the Olympics housing bubble, as it is a bubble — and Vancouver becomes cheaper still.
Yet, I would not want to live there.
Kamloops and Kewlona are a lot more affordable, and have a lot fewer development issues — and only nominal house price bubbles.
Outside of Canada’s major cities, there is no real housing price bubble. I am not saying it does not exist, just that its magnitude is a lot lower.
==================
Australia’s overall unaffordability is also a statistical illusion.
If you don’t want to live in Sydney’s outer suburbs, or Melbourne’s either — housing gets a lot cheaper. The Gold Coast in QLD has always inflated Australian house prices overall due to its speculative nature due to it being a prime retirement area.
Auckland and Wellington have some hosing price bubble effects related to Sydney’s — its a physical geography thing.
Outside Australasia’s major cities cheaper housing is available.
Like Canada, the issue is employment.
Frank Luntz Pens Memo To Kill Financial Regulatory Reform
GOP at it again. I hope they go ahead with this one though, it will back fire on the fascists.
http://www.huffingtonpost.com/2010/02/01/frank-luntz-pens-memo-to_n_444332.html
but most houses in the US are made of cardboard.
This bizarre news somehow fits:
Police yet to confirm remains are Rockefeller’s
http://tvnz.co.nz/world-news/police-yet-confirm-remains-rockefeller-s-3347294
More than four days after human remains were found in a Melbourne backyard, it is yet to be formally confirmed that they are those of missing millionaire Herman Rockefeller.
No death notices have been placed by family members in newspapers and no obituaries about the property investor have appeared.
A Victoria Police spokeswoman confirmed the body was yet to be identified.
Testing by forensics experts of the remains might take several days, Homicide Detective Senior Sergeant Stuart Bateson said last week.
A spokeswoman for the Rockefeller family would not comment on the situation.
———–
He seems no relation to the American Imperialist ones, but I have no high quality human intelligence to prove or disprove this.
REISSUE FORGOT URL
RCI on the lower costs of war:
http://www.rcinet.ca/rci/en/
THE SHRINKING COSTS OF WAR
A new study finds that the mortality rate in today’s wars has fallen dramatically. The study is called The Shrinking Costs of War. It was conducted by a group of Canadian researchers, part of the Human Security Report Project, at the School of International Studies at Simon Fraser University. Carmel Kilkenny spoke with Andrew Mack, the Project director.
Web Links:
http://www.humansecurityreport.info/
http://www.hsrgroup.org/
blast from the past: Olbermann on the convenience of “terror plots” and terror scares.
========
Canada is one hell of a place to be homeless too. Just another set up problem to be “solved” by each on their own by participating more successfully with/through the system’s channels. It’s embarrassing to be Canadian.
========
Canada has always had a continuous flight of its so called ‘creative class’ since 1901 at least. When the ‘well off enough’ or ‘talented enough’ to leave people leave — it opens up slots underneath them, and so on and so on.
The cascade effect is that those that would end up being nearly permanently homeless in the US — their Canadian counterparts get a break as immigration opens up slots in the employment hierarchy.
This ‘migration break’ never ever happens in the US, and there is good statical evidence to suggest that to the extent that it does — it is not measurable.
Under normal economic conditions 1945-2000, this has been fairly predictable pattern with respect to the overall economic variability during these eras.
However, how this played out in the 1930s vs the 2007-Present finance crisis is unclear.
There may be reverse migration back into Canada, and it may be severe — severe for those at the lower end of the scale. They may have some company.
Permanent underclasses were not part of the colonial system in the so called UK White Colonies — not only are the unaffordable but their existence is enough to render a profitable colony into an unprofitable one.
The permanant underclass is a US and UK internal idea — and should never be part of any ex-colony.
@ Gordo – Saw that earlier. According to Barofsky, he only had the ability to go after small-fish fraudsters, and anything beyond that requires the involvement of the Justice Department. So I’m not getting my hopes up. The Justice Department will let the biggest crooks walk.
==========
Canada is one hell of a place to be homeless too. Just another set up problem to be “solved” by each on their own by participating more successfully with/through the system’s channels. It’s embarrassing to be Canadian.
==========
Yet, in spite of all of the bad things in Canada for the homeless — in many ways most are better off than their US counterparts.
Homelessness, by UN definition is where at least 80% of your income goes to rent (or I suppose mortgage for that matter). I don’t know what UN agency defines this, but it is defacto.
RCI on the lower costs of war:
THE SHRINKING COSTS OF WAR
A new study finds that the mortality rate in today’s wars has fallen dramatically. The study is called The Shrinking Costs of War. It was conducted by a group of Canadian researchers, part of the Human Security Report Project, at the School of International Studies at Simon Fraser University. Carmel Kilkenny spoke with Andrew Mack, the Project director.
Web Links:
http://www.humansecurityreport.info/
http://www.hsrgroup.org/
Neil Barofsky says handcuffs may be coming….
We shall believe when we see it
http://www.ritholtz.com/blog/2010/02/neil-barofsky-says-handcuffs-may-be-coming/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29
Afghan geological reserves worth $1 trillion:
http://www.commondreams.org/headline/2010/02/01-6
How nice of the USGS to spend $17 million on that survey. Of course we did it out of the goodness of our hearts. Because we care about freedom, democracy, justice, human rights, and all of that.
Living on your own on a full-time minimum wage job in a major Canadian city is a hand to mouth existence. Or you’d have to live in a slum appartment in the worst possible neighborhood. The tax code creates a conflict of interest between city counselors and renters, not to mention the squat and gouge culture. It won’t change. Makes the mayor of my cities’ focus on reducing homelessness amusing though. He is supported by a major slum owner. Over 200 townhouse units with incompetent repairs. Many costs offset onto defrauded tenants, as per the norm with slum lords. Yeah, I’m sure he’ll help the homeless. ($1.99 symbol)
Canada is one hell of a place to be homeless too. Just another set up problem to be “solved” by each on their own by participating more successfully with/through the system’s channels. It’s embarrassing to be Canadian.
Hayek on competitive currencies:
http://www.youtube.com/watch?v=fXqc-yyoVKg&NR=1
Hayek and Keynes “rap” about economics:
http://www.youtube.com/watch?v=d0nERTFo-Sk&feature=youtu.be&a
@California Doctor.
Thanks mate.
Aussie interest rate kept on hold after market expected rate rise.
As a result AUD dropped too.
Looks like RBA knows that putting rates up any higher will kill off any chance of recovery.
More pain for the savers
All zeros and ones
Amazzzzzzzzzzzzzzzzzzzzzzzzzing
Hic
Crapy vid though
sorry peeps I try me best
Hic
One fer ta road
Hic
http://www.youtube.com/watch?v=2PtB5_eEpLs&feature=related
Natalie Merchant – Beloved Wife
@ Maxy ya hooked wit Google
Hic seeing pop adds
Some bugger tellin me to Invest in IForex
Gold
@Stacey
Amsterdam? Amsterdam is much more expensive than Berlin for instance. Amsterdam has the highest prices of the Netherlands still people want to buy. In fact the prices in Amsterdam nearly declined only in the over million homes maybe. If you take in consideration that in October 2009 Dutch house prices were only 5,2% lower than in October 2008 over all and that the most serious declines happened in the less urban areas you know that Amsterdam had probably the lowest decline in the middle class houses.
San Andreas Fault – Natalie Merchant
http://www.youtube.com/watch?v=A6rUb_m9M2o&feature=related
Changing tempo completely
Gnite Gnite nappy time fer me
Hic
Remember Super man
A star swallows a planet
Who in thier wierd assmind comes up with Script like tat
Hic
… the creed of objectivity becomes a convenient and profitable vehicle to avoid confronting unpleasant truths or angering a power structure on which news organizations depend for access and profits. This creed transforms reporters into neutral observers or voyeurs. It banishes empathy, passion and a quest for justice. Reporters are permitted to watch but not to feel or to speak in their own voices. They function as “professionals” and see themselves as dispassionate and disinterested social scientists. This vaunted lack of bias, enforced by bloodless hierarchies of bureaucrats, is the disease of American journalism. …
http://www.informationclearinghouse.info/article24550.htm
@Bonn- clean up your act…get off that stuff… it isn’t helping you or me.
I keep Tryin not to belive 2012 or 2024 which is oks then
Someting is around ta corner
Planet X ??
How do earth Equakes form or go ??
Gravitational pull of tectonic plates ????
By who
Hic
A doc can pull it of anywhere in ta world
Its we suckers tat have no choice
St andreas fault with all tat movie made
never free never meee
Hic
Was te 8th largest Economy though being just a state
N yes me am talkin about it going into te Ocean
Hic
Saw Tsunami pics / Vids Scary as hell
@bonn- you making fun of my homeland going into the ocean or something else?
@caldoc
er… dunno but… you are right, save me a couple of cups of water just in case!!!
@ MiniUS – get a look at the discussion at
http://harveyorgan.blogspot.com/ commentary on JAN 30, 2010.
Those short and long positions are negotiated via the Futures market. Open Interest contracts appear to be the subject of much discussion by Harvey. I have only discovered that blog today, from another link posted here.
Short positions are saying that the price is going down. Long positions are saying that the price is going up. Depending upon how they liquidate the contracts, the price will move.
Short positions are being cleared out today. Gold is moving up as a result.
!0!
Hic see me Tryceps
Hic
!00th
@ Cal Doc Plz head ta inlands
From ta undergorund news
Cali don’t look so good in ta near future
Hic
@norcalkid
Good deal you got!
Congratulations.
Water water water… get storage because water is more important than the chickens.
I think SG is right… the 1-3-6 T-bills show marked rise today… gold too…. the dollar took a spanking today.
64 mill views FAAAAAAAK
Talk 2 me Girl
WTG WTG
Hic
Hope ya not near ta coast above 1200 feet at least
Sold the house in the SF East Bay before the great run up and bought out in the country… under $200/mo payment on a fixed-rate equity loan ($300 w/property tax). One can’t rent a room here for that. Room enough for vegetable garden, small orchard and (soon) chickens. Staying put.
http://www.youtube.com/watch?v=U5rLz5AZBIA
Changin Tempo
Tis was me engagement song which went bust
Hence
Ta Anger
@ME(P)
the centre is actually up and running… it just needs an official ‘opening day’ to help get the word out some more… nowadays a lot of my friends who have been involved with film and media became disillusioned with the lifestyle etc… and would rather just teach… even friends involved in the music are moving towards social work, drug counselling teaching… we are all getting old, Ha, Ha… ME(P) please take it easy on those marches… you need to have eyes in the back of your head… I posted on here back in april about the undercover police at G20 throwing bottles and trying to start up trouble then flashing their ID badges and running back behind police lines (before the story appeared in the UK media) so PAY ATTENTION and take care… try and keep people you trust close by at all times … FREE YOUR MIND, WATCH YOUR ASS… THERES SOME SHIT ABOUT TO COME TO PASS!!!
You labeled me
I’ll label you
Hic
ROFL reminds me of Tiny Timmy
Hic
No No Sony don’t get a soft corner far these Bitches
Hic
New blood joins this earth
And quickly he’s subdued
Through constant pained disgrace
The young boy learns their rules
With time the child draws in
This whipping boy done wrong
Deprived of all his thoughts
The young man struggles on and on he’s known
A vow unto his own
That never from this day
His will they’ll take away-eay
Chorus:
What I’ve felt
What I’ve known
Never shined through in what I’ve shown
Never be
Never see
Won’t see what might have been
What I’ve felt
What I’ve known
Never shined through in what I’ve shown
Never free
Never me
So I dub thee UNFORGIVEN
They dedicate their lives
To RUNNING all of his
He tries to please THEM all
This bitter man he is
Throughout his life the same
He’s battled constantly
This fight he cannot win
A tired man they see no longer cares
The old man then prepares
To die regretfully
That old man here is me
What I’ve felt
What I’ve known
Never shined through in what I’ve shown
Never be
Never see
Won’t see what might have been
What I’ve felt
What I’ve known
Never shined through in what I’ve shown
Never free
Never me
So I dub thee UNFORGIVEN
(instrumental)
What I’ve felt
What I’ve known
Never shined through in what I’ve shown
Never be
Never see
Won’t see what might have been
What I’ve felt
What I’ve known
Never shined through in what I’ve shown
Never free
Never me
So I dub thee UNFORGIVEN
whoa, whoa
Never Free
Never Me
So I dub thee UNFORGIVEN
You labeled me
I’ll label you
So I dub thee UNFORGIVEN
Never Free
Never Me
So I dub thee UNFORGIVEN
You labeled me
I’ll label you
So I dub thee UNFORGIVEN
Never Free
Never Me
So I dub thee UNFORGIVEN
Hic
Love cut copy PASTE
So I dub thee Unforgiven Blankfieny
http://www.youtube.com/watch?v=eijc_n8tT1s
Mettalica
Hic
[IMG]http://i126.photobucket.com/albums/p112/sun569/Shitchart.jpg[/IMG]
the current situation in the US ! pg
Too bad the survey only deals with English-speaking countries.
@ justget itright
I think god would have been cheaper than Mr. Blankswine,
and god probably wouldn’t have that damn smirk on their face.
@ SG – Wow . . . talk about ambitious! Good luck with those projects. I’m sure you’ll find plenty of people interested in taking part. I’ve decided that it’s time for me to start frequenting the local anti-war movement’s storefront and get involved with them. There is a pretty sizable coalition of anti-war groups here. Last time they marched, the police were brutal and clubbed people in the streets. (If one of them ever hits me, I’m hitting back. Self defense.) I figure that with all of this nonsense with Iran being ramped up, drone attacks increasing, military bases being expanded, etc., if I don’t find some way to act, I’m no better than the people who remotely drop bombs on innocents.
ME(P)
GOOD LUCK… Hopefully will be able to have opening day soon for the local ‘Adult and Community Learning Centre’ run by my partner… a couple of my closest friends are running courses… basic computer skills for the blind and a film making course for youngh offenders… my daughter has joined the Youth Club and uses the Adventure Playground… we have even managed to pass on some of the building work to friends… who knows how long it will last maybe if the tories get in they will cut back the spending on services like this… even if labour stay in the recession may force cutbacks… sometimes ya just gotta make the most of things while the oppurtunity is there TELL THE PEOPLE Y’ALL!!!
Hey I wanna Pitch in fer ta pony fer Stacey
Hic
Does max need a hair cut Just Kiddin Maxy boy
ROFL
Hic
havin another smoke
Pffffttt
Tass was what I heard before i head’d ta of ta golf
Super Bass drivin like a bastard
True traffic peeps wondering
WTF Is wrong
Can’t wait ta get back
Hic
gonna get stacy a pony and max a hair cut.
допълнителна информация
http://www.youtube.com/watch?v=sFMLARtqxCY
Californication – Red Hot Chili Peppers HD – HQ (SOUND)
Hic
bonn, there is probably two ways the powers that be go now. The powers that be start a war and wipe out quite a few of the “useless eaters” quickly. Or they milk the “useless eaters” until the useless eaters” just die off from malnutrion or diease. OR both.
I still have hope that monkey wrenches will be thrown into thier plans and things wind up better for us “useless eaters”.
Deficit Balloons Into National-Security Threat
http://online.wsj.com/article/SB10001424052748703422904575039173633482894.html?mod=WSJ-hpp-LEADNewsCollection
gonna give snoot 30%
@Bonn. i’ll make my money off the knock off peak pony. haha
@Bonn. when you coined peak liver you were destined for money.
Tiny state with vision and big cahoonas …
The Secessionist Campaign for the Republic of Vermont
http://www.time.com/time/nation/article/0,8599,1957743,00.html
Cold as Hell
Pickin me self had a thought or too
@ 2 ??? tooo two??
Heck Lovin tis life
Huggin tera ferma lovin tis life
Hic
you were steady today. hahahaha. loved it. still cold in bangalore?
* Everyone Else
Everyone Else Ask ta same
Hic
Piss drunk friends waterin me friends in ta garden
Where da we go now
Bottle up ta shoe me friend
Aint got no clue
Headin into an Abyss is all I know
Never gonna be
Teee dumbass who don’t question each step
Hope as hell
Everyone Else
does ta same
Hic
yo Ronron
Hassssup
Got up fer a smoke
Was thirsty tooo
Nothing hill like cold freakin water
Hic
@Bonn. yo my skinny friend.
Gotcha back M
I really do appreciate what ya do
God bless ya
me being an Atheist n all dunno how else ta say thanks
Well good fer ya ??
Good luck
Hic
The earthquake was 24 miles off the coast of New Guinea … anyone hers of tsunami watches?
@Roubini is a flipflopping nitwit.
Agree, … have lost much respect for his views
BOUGAINVILLE REGION, PAPUA NEW GUINEA 6.2 earthquake
@Mep. neither of us are criminals.
@Mep. well my boy, without this we wouldn’t be talking.
am off to bed………..Still no £ crash
(
Mike
@ ronron – Haha. I think it’s something important to consider. Sibel and Hedges make good points re: the Internet and the tendency of it to only HELP the criminals when we congregate on various sites with like-minded people without actually using our energy to form local opposition movements.
@Mep. meet you at the community hall.
still listening . . . something for the Max Keiser.com community to think about: how best to stop talking amongst ourselves about how rotten everything is and take local action?
Roubini is a flipflopping nitwit.
Nouriel Roubini Speech at The AFF Asian Financial Forum 21
(not sure if this vid has been posted here at the “French Connection”)
http://www.youtube.com/watch?v=v1d7EL5ceVo&feature=player_embedded
Holy shit, look what god made …
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article7010492.ece
Good interview on Sibel Edmonds’ Boiling Frogs Post with Chris Hedges: http://www.boilingfrogspost.com/wp-content/uploads/BF.0021.Hedges_20100116.mp3
What’s interesting–at least to my ear– is that Hedges is really synthesizing old and new criticisms of others. When he speaks of spectacle and the corruption of the media, I hear Neil Postman. On the corrosive effects of positive thinking, the religious right, and Oprah, I hear Barbara Ehrenreich. When he talks about Obama as a brand, I hear Naomi Klein. But it’s a good interview nonetheless.
just like i said. booze will get you through times without money better than money will get you through times without booze.
chart of the day … http://www.businessinsider.com/chart-of-the-day-ohio-unemployment-vs-liquor-sales-2010-1
peoples are startin to drink lots of alcohol
Stella, got a good recipe for cheap hooch ??? Want to make a local still and sell it, like Miss Emily and Miss Mamie
@justgetitrightgotthatright.
anyone I talk to about buying a home these days … try my best to talk them out of it … me thinks anyone that is thinking of going in debt is oblivious or nuts, or they better have one hell of a business plan … imo
@ME. it is why may i ask. free english. hahaha
Why I may ask is Wikileaks such an expensive site to run?
http://news.bbc.co.uk/2/hi/technology/8490867.stm
@ME. the german mennonites in perth county make vunderfull strudall.
Merican
the Hawaii crawler.
@Snoot. get all my news at the best crawler. http://www.whatreallyhappened.com
Hi there.
I have a question re gold and silver shorts held by banks. I don’t really understand the system, but if these few banks hold shorts for these precious metals does it mean that they have to use them in order to ‘go long’ when they eventually do. This means the prices tank and the Banks buy up big before going long.
Is this how it works?
Thats how it looks to me anyway, which means ‘at the right time’ the banks will short these(and others) then buy long and clean up.
Oh, and in the meantime make bets on stock market crashes and USD rises.
Anyone know?
War profiteer CACI corporation completes cybersecurity acquisition: http://www.huffingtonpost.com/huff-wires/20100201/us-caci-systemware/
Just what we need, a torture corporation handling cybersecurity.
@Justget itright
Wow, that looks delicious! They would serve it ‘mit sahne’…hmm…The Swiss can make mean pastry to, clearly that’s why they all go to Davos..
@ME. just sayin. thought she just bought. my bad.
@ronron:
Right. Sans the Brit with no humour and an odd taste in music.
Do you have the link for that Wells Fargo interest mention you made?
the suckers are in the carry trade. your pension. sucker.
@Ronron
Agreed, I always advise to rent, but if you are stuck with a house, it can still be cheaper than renting. Especially if you catch the interest increase that is comming (if we keep a monetary system)..
In the end house prices bubbled, but only because they remained affordable (so the monthly cost remained about the same). The bubble is not all speculative, it is also a matter of what you pay for..
1. You used to pay 20% up front, now that is replaced by isuranc (1%), so prices could go up.
2. They used to grant only 3 annual salaries, they made that 5 to 6. This is the only speculative effect that increase the price of houses, because people suddenly could afford them
3. Interest rates went down, so house prices could go up.
4. You stopped paying of the principle, you did not try to become the owner of the house, this slashed the cost of the loan, and house prices went up.
5. In holland interest on mortgages are deductable, this has more or less doubled the price of houses a while back. Loans are always structured to take maximum advantage of this fact (a political talking point that aways ends up for the next government)..
I have been explaining this to friends for years, and the only one that ‘took’ my advice sold in 2006. He worked for a bank
I keep renting as long as its cheaper than buying the same type of house. This does not mean I can’t save for a principal. Because the tax deduction is only on the interest on the mortgage I am not even worse off doing that.
Woops. Wells Fargo expecting much higher interest rates. duck and cover.
How Your Right-Wing Talking Point Sausage Is Made
http://tinyurl.com/ybg2unu
The MGM Follies: How Hedge Funds Got Taken for a Billion Dollar Ride in Hollywood
http://tinyurl.com/yc5bs8g
ME–but I call it a rece-frasenstrudl.
both set of Grandparents migrated from the Vienna region. I grew up enjoying strudel, — apple, potato/raisin, cherry, turnip, cottage cheese … http://i.ivillage.com/FD/slideshows/apple_recipes/AppleStrudel_Berghoff325.jpg
@Mike. that was weird. you cool my friend. don’t freak out and sell your metal. gonna be some dandy’s soon.
Spot on Time there Ron
Mike
right snoot?
@Hullabaloo. you’ll get used to it. were a machine here.
12/20 regions are in Oz and it doesnt surprise me. You get bombarded by media property hype a lot, especially on the Gold Coast where I visited a few months back. 1 particular ad for a new apartment block near Surfers Paradise said something like ‘everyone knows property is a great investment right now’. I just have to laugh at the poor suckers who believe this! and how the hell is Bundie so high up on that list, it’s a dump. Glad i’m renting, fuck these property developers.
@Mike. how the fuck would i know? hahahaha
wanna bet?
wow…that is incredible.
Hi Ron
Gold on the up?
Mike
@Mike/Liverpool. 1235 can this week.silver maple bet. you in.
@ME. a friend would have advised her to rent.
As NZ has become a haven for wealthy pensioners & other economic refugees escaping the chaos in UK, US and Hong Kong its has pushed quality housing prices to the stratosphere (Im one of the lucky refugees lol)
I have become a mortgage expert lately, because I help a friend remortgage her house. I learned that of the five years she added to her savings she will only get one fifth payed out. I also learned that the best construction you can arrange is no construction at all, it is a vanilla (fixed) interest only mortgage (at 5,3% fixed for 20 years). This allows you to pay off the debt to a maximum of 20% a year (something they don’t tell you!). The one your own accord you start a savings account where the rate is best. Combined savings mortgages (where the bank takes care of the savings) have fixed rates (so the banks profits when the rates go up) and hidden cost (for what?) and you don’t pay off. Quite a discovery that you can do things cheaper yourself and should only use banks for their most basic service.. That wisdom did require me to pit three of these ‘advisors’ against each other..The only constant in mortgage advice is insane cost an a lack of voluntary veracity..
1,9% up in one day..that is quite a move. I must say I think it is also the sad spectacle of Davos, and some people that went there that may now think we are headed for the drain..
I finally understand GS renummeration. The CEO gets to take home one day of flash stock manipulation profit as a bonus..
Stacy,
Have you noticed the new US Budget proposed by the current administration. When examining the increase in government expenditure from the time the Democrats took control of Congress and the additional increase in expenditure since Obama took office, are we still going to dismiss their carelessness and attribute it wholly to Bush? Now Bush gambled stupidly on his stupid vision (tax cuts, wildly expensive add’l healthcare expenditures and 2 wars) yet Obama keeps ratcheting it up. Because Bush goofed so extraordinarly does not give Obama the authority to drive the reckless behavior further.
This needs to be stated because it is still not understood well enough that large government is not an effective replacement for American enterprise. So much emphasis is placed on Big Banks (at this site) and not realizing that the ultimate fiscal disaster is going to come from Big Government. Obsessing over Big Banks (too much) is akin to McCain obsessing over pork-barrel expenditures, as a campaign issue, when as it is an issue, it hardly matters most.
Today, I just spent 3hrs at the CA DMV and thought how wonderful life would be if all in US life was run as efficiently and effectively as our government enterprises. Imagine going to McDonalds and waiting for 3hrs for the crap they serve. Wouldn’t that be grand? Imagine the US (with US culture and the mindset attracted to Big Government employment) with an extension of the DMV-like operations into all of healthcare. I am sure that it would be the envy of the world!
3.8 trillion budget. hahahahaha. ohoh.
Some call it a recession, but I call it a rece-frasenstrudl. That’s Austrian economics!
@Mish – oh thanks for clarifying that! Paris is verrrrrrrry expensive for housing so I was a bit surprised that all those cities were even more so!
France was not in the survey.
Countries in the survey include Australia, Canada, Ireland, New Zealand, the United Kingdom, and the United States.
As I pointed out, Detroit is not livable.
I reject the most affordable list but the Least affordable list appears correct.
Mish
@maintain a collective pretense that this quote never happened, what does that tell us?
who killed Daniel Pearl ?
are you certain she did not misspeak ?
I know the dots are there to be connected … it is in the back of my mind but I have yet to connect them with a solid line.
@Republican strategist, Frank Luntz
fuck you Frank!
We still have to do all the work of “upgrading” paint, flooring, energy efficency and landscaping to attract a buyer; never mind depressed prices. What we have here is a forced concilliation of local tax collectors and their captives !! Happy news for the local government which has taken tax monies and dumped it into hedge funds? derivateves? in any case someplace where it cannot be used to complete civic improvements begun int 2007 and left unfinished and “naked” in the wake of the meltdown. Off the Xmas (Christmas) card list? I think off entirely !!!
@ rokw4petrocollapse – She didn’t mean Osama Bin Laden.
See: http://hotair.com/archives/2007/12/28/video-the-obligatory-bhutto-says-omar-sheikh-killed-osama-post/
Stacy:
MP3: Benazir Bhutto (weeks before her assassination) told David Frost that Osama Bin Laden was “murdered” and named the assassin.
You can get the AUDIO at the link below. Specific quote is at 6 minutes 25 seconds into the “Hour 1″ link
http://radio4all.net/index.php/program/26057
Surely members of the U.S. Congress and others are aware of this quote. When both sides of the political spectrum (and the media) maintain a collective pretense that this quote never happened, what does that tell us?
Republican strategist, Frank Luntz, writes memo on how to defeat financial reform:
Nine months after he penned a memo laying out the arguments for health care legislation’s destruction, Republican message guru Frank Luntz has put together a playbook to help derail financial regulatory reform.
In a 17-page memo titled, “The Language of Financial Reform,” Luntz urged opponents of reform to frame the final product as filled with bank bailouts, lobbyist loopholes, and additional layers of complicated government bureaucracy.
It’s all about language. Propaganda. Cognitive infiltration. Whatever you want to call it. Look at the top of his memo. It says: “The Word Doctors: It’s not what you say, it’s what people hear”
http://www.youtube.com/watch?v=d0nERTFo-Sk&feature=player_embedded
Oops, here
Fucking-A jibber jabber from the Financial Times:
A proposal by former Federal Reserve Chairman Paul Volcker to limit bank’s proprietary trading will be either be dropped or significantly modified in the Senate, lawmakers and staffers told dealReporter.
<a href="http://www.ft.com/cms/s/2/76c55844-0f4b-11df-8a19-00144feabdc0,dwp_uuid=e8477cc4-c820-11db-b0dc-000b5df10621.html"Volcker rule unlikely to move forward in Senate, lawmakers say
Max should try to rebook a panel with the Cato and Union guy just to say “told ya so.”
@ Stacy and Max
I hope you watched that CNN interview with the Iceland PM
If not it will interest you
@Mep
Detroit and Flint Michigan are real affordable.. Ghost towns withs 80% unemployment and crak houses galore are real affordable.
The “affordable list” that we dominate seems to also be the least desirable list. It may be affordable to people who are looking for a place to move, and can afford to move, but . . . . Mish mentions Rochester as being “affordable,” but poverty is a big problem. Rochester ranks 11th in the nation in child poverty, and 50% of our schools have a poverty rate of 90% or higher. So yes, housing may be affordable, but like the areas of Michigan and Ohio that are listed, anyone looking to move into “affordable housing” would probably have a hard time finding a job after having moved.
@s.herbert
your landlord might be ripping you off… I suggest you knock him off next years xmas card list!!!
@Y’All
ON THE ONE !!!!