Monday, February 23, 2009

Words escape me

The median value of a U.S. home in 2000 was $119,600. It peaked at $221,900 in 2006. Historically, home prices have risen annually in line with CPI. If they had followed the long-term trend, they would have increased by 17% to $140,000. Instead, they skyrocketed by 86% due to Alan Greenspan’s irrational lowering of interest rates to 1%, the criminal pushing of loans by lowlife mortgage brokers, the greed and hubris of investment bankers and the foolishness and stupidity of home buyers. It is now 2009 and the median value should be $150,000 based on historical precedent. The median value at the end of 2008 was $180,100. Therefore, home prices are still 20% overvalued.

Saturday, February 21, 2009

Quote of the day

"We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrong ... somebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promises ... I say after eight years of this Administration we have just as much unemployment as when we started ... And an enormous debt to boot!" Franklin Roosevelt's Treasury Secretary, Henry Morgenthau, May 1939

Wednesday, February 18, 2009

New blog for the cabin project

Lodge, cabin, resort home, den, not sure what we end up calling it. "The Cabin" is the current favorite.

Monday, February 16, 2009

Deal is done!!!!!

Well we got it wrapped up on Friday. Now the "fun" starts re-modeling to our hearts content.

We will move the "cabin" to its own blog so we can update with photos etc etc once we get started on it.

Sunday, February 8, 2009

Star Trek Opera

One of my favorite movies.

Friday, February 6, 2009

Walkin pnuemonia....

GACK!!!! New one on me, doc says I got walking pnuemonia. Stay home and don't do much, oh and take this killer anti-biotic.

I've found I work a lot cause right now I'm going out of my mind staying home.

Tuesday, February 3, 2009

Day four flu?????

Ugh, chills, sweats, aches, repeat....

I liveblogged over at Right Michigan as we watched the state of the state address from her highness....

[Comment From Bear] This is not the speech this state needs to hear.
[Comment From JGillman] Rose.. The best way for him to keep it down is with earplugs and dark glasses
Bear... best comment of the night.
[Comment From VICTORY 2010] Dead on Bear!
[Comment From JGillman] truth

It was a good discussion.....