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Jkram|ɯɐɹʞſ
Ten Numbers the Rich Would Like Fudged | Common Dreams - http://www.commondreams.org/view...
Ten Numbers the Rich Would Like Fudged | Common Dreams
"1. Only THREE PERCENT of the very rich are entrepreneurs. According to both Marketwatch and economist Edward Wolff, over 90 percent of the assets owned by millionaires are held in a combination of low-risk investments (bonds and cash), personal business accounts, the stock market, and real estate. Only 3.6 percent of taxpayers in the top .1% were classified as entrepreneurs based on 2004 tax returns. A 2009 Kauffman Foundation study found that the great majority of entrepreneurs come from middle-class backgrounds, with less than 1 percent of all entrepreneurs coming from very rich or very poor backgrounds." - Jkram|ɯɐɹʞſ from Bookmarklet
"2. Only FOUR OUT OF 150 countries have more wealth inequality than us. In a world listing compiled by a reputable research team (which nevertheless prompted double-checking), the U.S. has greater wealth inequality than every measured country in the world except for Namibia, Zimbabwe, Denmark, and Switzerland." [Really surprised to see Denmark in that list of exceptions, given their image as socialized, even relative to Sweden and Norway.] - Jkram|ɯɐɹʞſ
"9. Young adults have lost TWO-THIRDS OF THEIR NET WORTH since 1984. 21- to 35-year-olds: Your median net worth has dropped 68% since 1984. It's now less than $4,000. That $4,000 has to pay for student loans that average $27,200. Or, if you're still in school, for $12,700 in credit card debt. With an unemployment rate for 16- to 24-year-olds of almost 50%, two out of every five recent... more... - Jkram|ɯɐɹʞſ
"10. The American public paid about FOUR TRILLION DOLLARS to bail out the banks. That's about the same amount of money made by America's richest 10% in one year. But we all paid for the bailout. And because of it, we lost the opportunity for jobs, mortgage relief, and educational funding. Bonus for the super-rich: A QUADRILLION DOLLARS in securities trading nets ZERO sales tax revenue... more... - Jkram|ɯɐɹʞſ
I'm not really interested in engaging in a class war against the wealthy. I just don't want to hear repeatedly how they are THE job creators, and how they just need a bit more wealth before they can start paying their share of taxes. Oh, and cut the crap about how you did it all with skill and insight. Much of that wealth was gained by fortunate circumstance, being in the right place at... more... - Jkram|ɯɐɹʞſ
The entire history of liberalism is essentially class warfare, though. - Victor Ganata
I suppose that's true, but that reductive statement defaults to the notion that one class can't improve it's 'stead' except at the expense of other classes, aka the zero-sum game mindset. I don't buy it, and I think history bears that out. It requires a bit of enlightenment, of course, and by that I don't mean the 'enlightenment of wealth' that the wealthy tend to presume for and about themselves. - Jkram|ɯɐɹʞſ
I wonder how they calculated the numbers for #2. It looks odd. - Eivind
Agreed, Eivind. Seems 'suspicious.' I know that Copenhagen has it's "Gold Coast" (as my liberal Danish friends used to call it) but I always assumed that there was less of distortion toward that top than in most developed countries. - Jkram|ɯɐɹʞſ
Zero sum mentality: you're better off if you hurt the other guy. We need more of this mentality: you're better off if you help the other guy. - Amit Patel
I'm not referencing the zero-sum mentality per se, just that there have always been two sides—the haves and the have-nots—whose short-term interests have long been at odds. I'm not saying that this is necessarily a permanent state, and, yes, cooperation does seem to be an evolutionary adaptive strategy that has allowed the human species to thrive, but I also think it's perilous to... more... - Victor Ganata
harper
nata2 on 40 Engineers Worked 14-Hour Days, 7 Days A Week To Get Obama Reelected. "Orca was not even in the same category as Narwhal. It was like touting the iPad as a Facebook killer." - http://www.reddit.com/r...
"we are not redditors" - harper
Victor Ganata
According to Republicans, it's officially a landslide!
311112_302290976552875_1691602703_n.jpg
And here I was afraid Obama wouldn't get a mandate! - Andrew C (✓) from Android
Victor Ganata
I'd rather deal with honest extermists than deluded centrists. Ugh.
What does "even more centrist" even mean?!? - Victor Ganata
Denuded centrists are another matter. #NotThatAnybodyAsked - Jkram|ɯɐɹʞſ
"even more centrist" == "right wing, but I won't feel bad for voting for them". - Andrew C (✓)
I was thinking more "Republican, or former Republican, but can no longer stand the crazy". But, seriously, what does an ideologue centrist even believe in? (that's significantly different from the major planks of the Democratic party?) - Victor Ganata
They believe in /being centrist/. Or did you mean actual policy? - Andrew C (✓) from Android
Ideological Centrism: Moderation in all things? ["Pass me another beer... we're no way NEAR getting half-way through that case!"] - Jkram|ɯɐɹʞſ
Andrew C (✓)
Obama Romney Sandy Reactions - Sandy: Evidence That Romney Is the Wrong President - Esquire - http://www.esquire.com/blogs...
"But, honestly, it's time to get real about things. Honestly, it's time for someone to "politicize" this storm for what it is. Based on what the various candidates actually have told the people whose votes they are soliciting, over the past 48 hours, it has been far better for the nation that Barack Obama and Joseph Biden are running the executive branch than it would have been had those jobs been held by Willard Romney and Paul Ryan." - Andrew C (✓) from Bookmarklet
" Both of the latter are on record -- and on audiotape, and on video, and all over the Intertoobz, and, for all I know, bellowing from the fillings in your teeth -- as recommending that the federal government's responsibility for things like disaster relief be either handed back to the states, or privatized entirely. They have made this argument in public. They have made this argument... more... - Andrew C (✓)
"But, now, after these two days, it ought not to be beyond the pale to "politicize" the simple fact that, even though the Republican half of it was an embarrassing clown show, this election has come down to a battle between two visions of the the functions of the national government and, through that, a battle over whether the political commonwealth exists at all. It is not politicizing... more... - Andrew C (✓)
like those hippies have been saying for some 45 years now, there's inevitable consequences with this society...l Did you see the mea culpa on NYT dot earth blog, journo reflects on bias, contacts, reputation... - daveeza
Victor Ganata
"Nixon is a shifty-eyed goddamn liar, and people know it. He’s one of the few in the history of this country to run for high office talking out of both sides of his mouth at the same time and lying out of both sides." — Harry S. Truman
Andrew C (✓)
We must stop protecting the rich from market forces | Ha-Joon Chang | Comment is free | The Guardian - http://www.guardian.co.uk/comment...
We must stop protecting the rich from market forces | Ha-Joon Chang | Comment is free | The Guardian
"Gore Vidal, the recently demised American writer, once famously quipped that the US economic system is "free enterprise for the poor and socialism for the rich". Since the outbreak of the global financial crisis in 2008, not only has the US lived up to Vidal's caricature but the whole of the rich capitalist world has become more "American". The poor are increasingly exposed to market forces, with tougher conditions on the diminishing state protection they get, while the rich have unprecedented levels of protection from the state, with virtually no strings attached." - Andrew C (✓) from Bookmarklet
"The poor are told that their states are bankrupt because their previous governments splashed out on welfare payments for them. They - especially if they happen to be from the "lazy" eurozone periphery countries - are lectured that they have to pay for the "good times" they had with "other people's money" by working harder at lower wages and by accepting lower levels of welfare... more... - Andrew C (✓)
Tudor Bosman
The iPad mini announcement made me want a Nexus 7.
All of these announcements still make me want a Surface - DAMMIT, MR. NOODLE
Nexus 7s for all! - Louis Gray
Andrew C (✓)
Economically Healthy 'Daily Planet' Now Most Unrealistic Part Of Superman Universe | The Onion - America's Finest News Source - http://www.theonion.com/article...
Economically Healthy 'Daily Planet' Now Most Unrealistic Part Of Superman Universe | The Onion - America's Finest News Source
"longtime fans told reporters they simply could not accept a daily metropolitan newspaper still thriving in the media landscape of 2012." - Andrew C (✓) from Bookmarklet
Ayşe E.
…a civilized society compensates for the human propensity to screw up. That’s why we have single-payer firefighters and police officers. That’s why we require seat belts. When someone who has been speeding gets in a car accident, the 911 operator doesn’t sneer: “You were irresponsible, so figure out your own way to the hospital” — and hang up. To... - http://ayse.tumblr.com/post...
Steven Perez
Meet the future of data storage: the cassette tape - http://dvice.com/archive...
Hmm. - Mike Nencetti from iPhone
Paul Buchheit
"Every facet, every department of your mind, is to be programmed by you. And unless you assume your rightful responsibility, and begin to program your own mind, the world will program it for you."
Not sure where it came from. Possibly Jack Kornfield. Heard it quoted in a song. - Paul Buchheit
Is that your answer to my question about HGTV? - Clare Dibble
Before you can program your mind you need to deprogram it, and the best way to deprogram it is to get to the bottom of and master intellectual history -- the invented and artificial but influential ideological tape loops that control collective human behavior among all cultures, and about which most people are entirely unconscious. Fully conscious people create and control cultural and ideological systems and loops, they are not controlled by them. - Sean McBride
Too much work. Just tell me the answer. - sofarsoShawn
I googled it for Shawn. It's a quote from Jack Kornfield (http://en.wikipedia.org/wiki...) and it's found in Evil Nine's Cakehole (http://www.youtube.com/watch...). - imabonehead
Thanks imabonehead :) I was being I guess, very lamely sarcastic to highlight that our minds "programming" or its deprogramming comes as a result of the world itself telling us how to. ~ In short, I'd like to thank this quote for telling me how to think, oh shit... kinda back where I started... ~ ~~> Russell's quote, with your 1st link, has much more explanatory relevance - sofarsoShawn
Many years ago I had a self hypnosis tape and "Every facet, every dept of your mind etc etc...." were the opening words. I can't remember the title of the tape and have been trying to find it. I remembered the opening lines and typed them in when they came up i thought I had finally found the CD i was looking for. can any-one here help me with this? - Sweetdreams Johnny
I never heard this quote but believe it is a great one! - Fred Bucheit
iam 35 and i just now got it - James O'brien
from the bible - James O'brien
i might be some one u might want to talk to - James O'brien
Larry Hosken
Andrew C (✓)
Should You Follow Your Passion? (Nope - You Should Grow It) « The Talent Code - http://thetalentcode.com/2012...
"The key fact to realize is that passions aren't fixed -- they're flexible and alive. They grow and change in connection with our abilities and accomplishments. For a useful insight into this, check out this piece by Cal Newport, a Georgetown professor and author of the new book, So Good They Can't Ignore You, who devastatingly debunks the Myth of FYP. His argument is based on two basic truths:" - Andrew C (✓) from Bookmarklet
"To be clear: this is not to say you shouldn't do what you love. You absolutely should. But you should do so with the right expectations. As Newport points out: don't follow your passion. Let your passion follow you, by cultivating it through hard work." - Andrew C (✓)
Andrew C (✓)
World's Least Fun Person Removing One-of-a-Kind Slide From Apartment He Just Bought -- Daily Intel - http://nymag.com/daily...
World's Least Fun Person Removing One-of-a-Kind Slide From Apartment He Just Bought -- Daily Intel
"Why buy the only apartments connected by a slide if you don't like the slide? Why not buy any other apartment? It's like acquiring the Mona Lisa and scrubbing off the paint so you can use it as a blank canvas. And don't even give us that "charity" garbage. Those kids don't need yet another slide -- what they need is an example that proves that if you work hard enough and/or are really good at poker, you could one day turn your home into a playground. They need that dream. Daniel Gieschen, you are a monster." - Andrew C (✓) from Bookmarklet
Victor Ganata
Random: I only just now realized that Obama is the first Democratic POTUS since JFK who wasn't from the South.
The fact that the two most famous POTUSes associated with California were Reagan and Nixon make me think we should never elect anyone from California ever again. - Victor Ganata
I'd think looking at the state government of California would be hint enough. - Jimminy
LOL - Jimminy
While I do think Pete Wilson, Gray Davis, and Arnold Schwarzenegger did a lot of things to help ruin California, I primarily blame the legislature and the voters. I think the fact that there's such a low bar for voter-approved propositions to get passed combined with supermajority requirements for Assembly and Senate bills makes sure we have a lot of really crappy laws on the books. - Victor Ganata
Andrew C (✓)
This Presidential Race Should Never Have Been This Close | Matt Taibbi | Rolling Stone - http://www.rollingstone.com/politic...
This Presidential Race Should Never Have Been This Close | Matt Taibbi | Rolling Stone
"Weirdly, there seems to be an expectation that presidential races should be closer, and that if one doesn't come down to the wire in an exciting photo finish, we've all missed out somehow." - Andrew C (✓) from Bookmarklet
"The mere fact that Mitt Romney is even within striking distance of winning this election is an incredible testament to two things: [...] and b) the power of our propaganda machine, which has conditioned the entire population to accept the idea that the American population, ideologically speaking, is naturally split down the middle, whereas the real fault lines are a lot closer to the 99-1 ratio the Occupy movement has been talking about since last year." - Andrew C (✓)
"To me the biggest reason the split isn't bigger is the news media, which wants a close race mainly for selfish commercial reasons - it's better theater and sells more ads. Most people in the news business have been conditioned to believe that national elections should be close. This conditioning leads to all sorts of problems and journalistic mischief, like a tendency of pundits to... more... - Andrew C (✓)
Andrew C (✓)
Here's the Chip Apple Is Using to Stop You from Buying Cheap Cables - http://gizmodo.com/5945889...
Here's the Chip Apple Is Using to Stop You from Buying Cheap Cables
"If you bought yourself an iPhone 5, and are looking for a cheap, third-party lightning adapter to save a couple of bucks, you might want to hold off. There's an authenticator chip in the official adapters, and third-party adapters probably won't work without it." - Andrew C (✓) from Bookmarklet
" If it's doing a "smart" function like pin assignment or something crazy like that, then it definitely is going to be mandatory. Apple has said it's a "smart" connector but it is horrifying that just a basic power charging/sync cord like this requires additional complexity." - on the other hand, I understand the connector is reversible (you don't have to figure out which side is up), so it does need smarts to do pin reassignment. - Andrew C (✓)
I don't like this practice. On the TouchPad, in order for it to charger, I have to use the cable and charger that came with the item. It's so dumb scrounging around to find that one cable, when we have 5 other miniUSB cables. I can't even charge it through the computers. Already, I can't use a non-Apple USB charger in my car for the iThings, - Anika
I admit, it's pretty evil even for Apple. - Piaw Na
Yeah, but a reversible connector would be pretty sweet... It's amazing how many USB cables never even try to indicate which side is up. - Andrew C (✓)
Eh? You can't use a non-Apple USB charger in the car? Why not? I use only retractable USB sync/charger cables in the car (along with a cigarette lighter adapter) and they work fine. - ronin
one of many reasons i avoid Apple hardware. - Joe Silence
I have 3 USB plugs for the car lighter and I can't charger either iPod with them. I get a message saying that since it's not a Apple compliant cable, it won't charge. And the iPod dock in the car doesn't charge the stupid thing either. Dumb. - Anika
At nearly $700 per share, Apple can't be wrong...? [ETA: I bet it hits $750 by Thanksgiving.] - Julian
Steven Perez
ronin
Mother shaves numbers on heads of identical quadruplets (VIDEO) | The Sideshow - Yahoo! News - http://news.yahoo.com/blogs...
Mother shaves numbers on heads of identical quadruplets (VIDEO) | The Sideshow - Yahoo! News
Hah, that's a pretty effective way of keeping track I guess. =) - ronin from Bookmarklet
Haha - Rodfather
Hahaha - Shevonne
Good there aren't 5 of them. 2 and 5 would be confusing :p - ؛ Dr. Gharazi
I wonder if it would be legal to tattoo your child in this situation? - Headless Gnad Kicker
If they were girls, just pierce their ears and make them wear different color ear rings, trying to match the color with first letter in their name. - April Russo
They could swap their earrings and confuse you. - Headless Gnad Kicker
one thing that has puzzled me... Why not use Chinese characters? - Johnny
And why not make them sit in numerical order? - Stephen Mack #TeamMomo
Mark H
I just ran into the street and shouted that FriendFeed was back. There was much rejoicing. - http://www.flickr.com/photos...
I just ran into the street and shouted that FriendFeed was back. There was much rejoicing.
:) - Eivind
:)) - Maitani
:))) - AJ Batac
woohoo! - Ruchira S. Datta
Çok geniş bir coğrafyada aynı anda yaşanan böylesi bir sevinç varmola?... :-)) - Ali Yolcu
Did you not get any pics of the "gnashing of teeth" during the downtime? - Son of Groucho
:D - Kelli H.
Andrew C (✓)
Fujifilm sees which way wind is blowing, ends production of cinema film -- Engadget - http://www.engadget.com/2012...
Fujifilm sees which way wind is blowing, ends production of cinema film -- Engadget
"Fujifilm is shuttering a large part of its cinema business by March 2013. While it'll continue to produce stills film (for the time being, at least) and archival material similar to Kodak's Asset Protection film, moves are under way to redirect its focus toward digital tools [...]" - Andrew C (✓) from Bookmarklet
Ayşe E.
Romney doesn’t have a plan, or even a vague outline of a plan, to cover people with preexisting conditions. To preempt a conservative freak-out, Romney’s campaign clarified to National Review that its actual position remains, “Governor Romney will ensure that discrimination against individuals with pre-existing conditions who maintain continuous... - http://ayse.tumblr.com/post...
Larry Hosken
Steven Perez
The Cheapest Generation - The Atlantic - http://www.theatlantic.com/magazin...
"Perhaps. But what if these assumptions are simply wrong? What if Millennials' aversion to car-buying isn't a temporary side effect of the recession, but part of a permanent generational shift in tastes and spending habits? " - Andrew C (✓)
""People are very eager to create a life that blends the best features of the American suburb--schools still being the primary, although not the only, draw--and urbanity," says Adam Ducker, a managing director at the real-estate consultancy RCLCO. These are places like Culver City, California, and Evanston, Illinois, where residents can stroll among shops and restaurants or hop on... more... - Andrew C (✓)
"You want us to actually talk to bank people and get home loans and auto loans? They are still fucking us! Any time I go into a bank, I feel disgusted. You want me to do MORE business with the who want to charge me 5 dollars for every single swipe of my debit card? Get fucked! You think I’m gonna buy a car? A car? Where am I gonna get the money for a car and the insurance and the... more... - Steven Perez
It strikes me that Japan is seeing a big downturn in car purchases too, and they've already had their lost decade (and change). - Andrew C (✓)
Larry Hosken
The Bible Repairman and Other Stories - http://lahosken.san-francisco.ca.us/new...
Andrew C (✓)
New Dating Site Matches Users With Partners They Deserve | The Onion - America's Finest News Source - http://www.theonion.com/article...
"For example, we've already helped several attention-starved narcissists meet up with cold-hearted monsters who withhold affection."" - Andrew C (✓) from Bookmarklet
John (bird whisperer)
Wheaton College, an evangelical liberal arts school in Illinois, wanted desperately to fight against President Obama’s policy on contraception access, when it noticed a small problem — Wheaton’s health plan already covered emergency contraception. The school had to quickly change its policy, so it could pretend to be outraged that Obama is forcing... - http://dendroica.tumblr.com/post...
Victor Ganata
Making your monthly mortgage payment won't protect your from going underwater. People who paid the full 20% down-payment, and who hang in there, paying massive mortgages on houses that are worth less than half of their original price may be in worse shape financially than people who got foreclosed on.
National average price drop since 2006 is 35%. - Tinfoil 2.0
The price drops in places like, say, Las Vegas, or San Bernardino definitely far exceed the national average. - Victor Ganata
Yes, there are certainly markets that are more voilatile (and some with less drop). Were people in those markets oblivious to the fact that they lived in a more volatile market? - Tinfoil 2.0
It does seem to be the case that most people were unaware that their homes could end up worth less then 40% of their original value. Maybe they relied too much on precedent, but when was the last time housing prices crashed that much? Certainly not in my lifetime. If you weren't aware of the fact that bankers were betting on massive failure, why would you suspect it? - Victor Ganata
That extent of drop certainly wouldn't be planned for by most buyers. But anyone buying into a market that has had prices continually rise well above national rates should expect *some* market corrections from time to time, even significant corrections. Now the choice for many is whether to weather it or ruin their credit for 7-10 years or more. - Tinfoil 2.0
Most corrections don't usually end up causing people to go irredeemably underwater, or completely wipeout their equity (in that circumstance you'd probably be better off if you put little-to-no money down.) I just don't think it's rational to plan for black swan events, either. At least, not unless you have some inside information, especially like if you're going to actually cause the event… - Victor Ganata
The early-90s saw up to an 8% national average drop. With regional volatility and also especially people with equity loans on top of mortgages, it's not too hard to see a lot of people underwater from that. But the fact is, if you are buying into a high market, you sure better be conservative unless you can handle the risk. Real estate is notoriously risky. You buy a house if you need a... more... - Tinfoil 2.0
8% is significantly less of a drop than 35%. If you put down 20%, and 8% drop isn't going to completely wipe out your equity. I don't think 30% of homeowners ended up underwater back in the '90s. These include significant numbers of people who put 20% down and have (or at least had) jobs with which they could afford their mortgages with. Not all of them were flippers or people who put no money down with interest-only mortgages. - Victor Ganata
I don't disagree with any of that. My main point on these two posts is simply that it's not a black and white issue. Despite criminal behavior, a lot of people made bad choices. But 'underwater' is a paper loss unless you sell. If you're value is 35% down (for example), but you're 25% paid in (for example) and likely to be able to continue to pay, there's a reasonable argument to be... more... - Tinfoil 2.0
What can save the housing market, though, I wonder? The government won't do anything in the foreseeable future unless Obama gets re-elected, the Democrats retake the House, and the Democrats build a filibuster-proof Senate majority. If anything, the fact so many people are trapped in their underwater homes is probably hurting the economy significantly, because skilled workers can't move... more... - Victor Ganata
I never understood why more cramdowns weren't forced. Would have helped out homeowners instead of just bailing out banks. - Andrew C (✓)
Well, there is this idea where state and local government are thinking about taking distressed properties under eminent domain, rewriting the terms of the mortgage, and then selling off the new mortgage, allowing the homeowner to keep their place.... more... - Victor Ganata
It really depends. Some markets, even short selling is nearly impossible, and the banks just don't have enough people to get things moving. - Victor Ganata
What will save the housing market? The quicker all of those foreclosures get on the market, the better. The rental market is heating up which will give the few people with money incentive to buy a house, as will low mortgage rates. I think that the time for cramdowns and terms adjustments is long gone for the bulk of the market. Now all that really can be done is to get the bad assets out there and into the hands of willing buyers and then let normal market forces do their thing. - Scoble, Alex Scoble
IMO, if lots of people are still underwater, the time for cramdowns hasn't passed yet. - Andrew C (✓)
We talk about wealth redistribution a lot here, and that's what this is on a very large scale. A lot of middle Americans lost their largest asset and the haves left standing are buying up as much as they can as fast as they can as investment properties. I'm sure that most Republicans would be proud if they weren't also victims of the crash. - Scoble, Alex Scoble
The market is at or near a bottom. There are plenty of buyers for foreclosed/distressed homes. Banks have little to no incentive to do cramdowns. I don't see politicians having the wherewithal to force the issue, so it won't happen. Obama could have worked to make it happen, instead we got a healthcare bill that nobody wants. - Scoble, Alex Scoble
Well, nobody except for the drug companies. No, I'm not cynical at all...why do you ask? - Scoble, Alex Scoble
Nah, PPACA is basically to health insurers and hospitals what TARP was to the banks. Big pharma actually doesn't benefit nearly as much. - Victor Ganata from iPhone
Sorry, yeah, that's what I meant. - Scoble, Alex Scoble
But if market forces were going to save us, surely they would've done so already. I just have serious doubts that throwing people into the streets at a faster rate while rents are sky-high will actually be helpful to the big picture. The number of willing buyers is limited by the fact there are no jobs. And even if there are willing buyers, there aren't a lot of willing lenders. - Victor Ganata
Lenders are always willing to lend to people with a lot of money. And market forces can't do much when the market isn't working right. For better or for worse, the fact that a bunch of the major banks couldn't do anything with the foreclosures they had for a year or more meant that the housing market couldn't go anywhere but down. Now that that logjam has broken loose, the investment buyers are having a field day and prices have stabilized. Not that any of this is good for the average American though. - Scoble, Alex Scoble
Flippers can't just sell to other flippers. Eventually, they have to sell to somebody who needs a house as their primary residence. And these are the people whom banks probably won't lend to. - Victor Ganata from iPhone
I think that most investors who are buying real estate right now are not flippers. They are looking to rent. People have even started up companies to do just that, buy large amounts of low cost properties and rent them out. - Scoble, Alex Scoble
The problem is that there's still an underlying reason for why people aren't buying, which will also keep them from renting: there aren't any jobs. It doesn't matter that you can buy a house in Las Vegas or Detroit for $30k and you try to rent it for a few hundred bucks a month. Of course, not all markets are that shot to hell, but we're still not growing fast enough to fix unemployment - Victor Ganata from iPhone
This is true for many places, for certain. Either way, we aren't painting a very rosy picture for the average Joe at all. - Scoble, Alex Scoble
Tudor Bosman
NPR's Car Talk guys to hang up wrenches, microphones | Reuters - http://www.reuters.com/article...
NPR's Car Talk guys to hang up wrenches, microphones | Reuters
"Tom and Ray Magliozzi, hosts of National Public Radio's popular "Car Talk" program, plan to retire in September after decades of dispensing automotive repair and driving advice laced with a side of wicked humor." - Tudor Bosman from Bookmarklet
Love that show. - Greg GuitarBuster
This pretty much ruined my morning. I'm still in a funk. - Jim #TeamMonique
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