Sunday, July 03, 2005

Bush's Supreme Court Nominee is Inappropriate.

Hello my fellow Democrats,

This is the way it is:

Bush will nominate the following:

Someone young

Someone to the right of right

Someone coached in what they will and will not say and how to evade their actual beliefs.

Someone against Roe vs Wade.

End of Story - this is what we will get!
Got an arguement otherwise?
Please let us know what you think!

Housing bubble pushed to the limit

While profits are through the roof for the seven largest companies in Silicon Valley over the past three years - up by an average of 500%, employment has declined by nearly 20,000.
A quick review of the general nature of the "recovering economy" here in the USA is that the divide between the rich and the middle class is becoming a chasm. We are becomming a nation of Cake Eaters and cake servers, while for all the religious zealots efforts, the new god is Real Estate!
Real Estate holds us in his hands and nurtures those that buy. He is a compassionate god, not caring where, why, or when you buy - all purchases are good, and he rewards all who pay homage to him in high profits and many refinancings.

His flock goes forth teaching in his name the rewards to be reaped by beleif in this great and always profitable god. And in all their teaching, they use one small fragment of a sentence that lays their claim to never being wrong. That one small fragment of a sentence is the following:

"over time"

Here is an example of the usage in a sentence:
"With our God Real Estate, you can never lose money over time"

Here is another example:

Over time this country has never seen a general movement in the value of our God Real Estate that has been anything but up, up, up!

These are true statements and will always be true - so help me god, for ever and ever and ever amen.

But....................


but...................


but wait - there's more!

Actually, if you take the fragment "over time" out of the preaching it all falls apart. The Great God of Real Estate reminds us of all the great gods of the past, and perhaps the greatest god - the god of Tech Stocks.
Properly worded, these Gods can preach to everyone a true teaching that can only be understood as the truth because it is predicated on an inargueable fact. However, if we employ philosophy and look into the actual meaning and logic of it all, something surfaces immediatly. Its Bullshit!

Real Estate is a commodity that goes up, down and sideways in value. It is true that overall, it has moved up in value as the population on this planet has increased, and that is true of many things of intrinsic value. It is also true that we live and breath on an everyday level and sometimes Real Estate goes down in areas for several years or even decades. It is also true that sometimes it is fairly predictable when this might happen.

Some examples are as follow:

A nuclear disaster in an area will probably be followed by a period of downward property values in that area.

An loss of jobs or a general decline in incomes in an area will generally be followed by a decline in property values in that area - especially if the prices have been skyrocketing while the general earning power and the general number of employed workers has declined drastically at the same time.

These are striking and obvious reasons for a decline in property values and any fool would examine vary carefully any investments in areas such as these - unless of course they are simply in love with these areas for sentimental reasons or they are ill-equiped and unable to comprehend the nature of their "investment".

My God - I think I stumbled upon something?!?!........