Tuesday, July 03, 2007

Housing Prices are Just Plain Wrong

Check this graph out. It’s appalling.

Of course, many people go rich flipping houses. Good for them. Except those same people caused what amounts to a speculator boom which will make buying a new home all but impossible for many people for years to come. When the loans dry up, as they’re beginning to. As the defaults and foreclosures escalate and cascade, as they are now, it will crash the value of a lot of properties bringing more misery and defaults. And many of those flippers will be burned.

The only salvation, I think is, so much inventory will be on market, sellers will be desperate to unload their properties. But if the problem levels out, the cycle could repeat.

Housing prices here in Nevada have gotten absurd. And forget about California. Despite what they say about real estate, I think some hard times will be ahead for people who play too much with it. Unless they can ride tings out.

A lot of flippers have too many mortgages to maintain. And people aren’t buying like they were. 

Happy 4th!

Scottish Star Trek

Hello, Michael!

What was that Michael Moore was saying about the quality of health care in Britians NIH hospitals? I don’t remember the part about terrorists doctors plotting to kill patients.

More Here.

McDonalds Refuses Service to Robots

Somebody call the ACLU!

UPDATE: Now this isn’t funny.

Maybe I Should Sex Things Up Here

Mingle² - Free Online Dating

This Explains Everything

By Brent Anderson

My friend Brent Anderson did this sketch of me in 1990. I found it while cleaning up my boxes, getting ready for my move to Washington soon. It was for an auto-biographical story I was going to write for a British comic that never got published. The comic went under before it could happen. 

Stupidity of the Day

HUMANS are just one of the millions of species on Earth, but we use up almost a quarter of the sun’s energy captured by plants - the most of any species.

The human dominance of this natural resource is affecting other species, reducing the amount of energy available to them by almost 10 per cent, scientists report.

Researchers said the findings showed humans were using “a remarkable share” of the earth’s plant productivity “to meet the needs and wants of one species”.

They also warned that the increased use of biofuels - such as ethanol and canola - should be viewed cautiously, given the potential for further pressure on ecosystems.

I swear, some of these clowns are so predictable in their cliches. And the media just eats this stuff up, despite the fact that it makes them look even stupider than these so called scientists.

Now these people want some kind of solar parity with the animal kingdom? What will they think of next? When will people have enough of this noise?