Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Saturday, April 21, 2007
Hide Nothing
I too am getting tired of Galina concealing her involvement.
Since I am the one that really started the entire race for first awhile back.
I hereby by my own authority as the one who make firster what it is today declare the following:
The titled Murst spot shall be number 1 with additional mursts being just as important being number 101 (one hundred and murst), 201 (two hundred and murst)....and so on and so on.
It is always a special occasion when RobDawgs comments turn each 100 mark.
Additional rule is if someone deliberately spams with a bunch of crap just to increase the count (including working with others either in tangent or unwittingly)..then their 1 hundred and murst will be invalid and the person that is immedietly preeceeding the mursts will be counted for the murst spot.
...if the lenders do forgive the debt, the Internal Revenue Service will consider it taxable income. On Wednesday, Reps. Robert E. Andrews (D-N.J.) and Ron Lewis (R-Ky.) introduced a bill that would make such a forgiven debt non-taxable.
FOR A LIMITED TIME ONLY, IF YOU VISIT THE SITE YOU WILL GET A **FREE** SAMPLE OF THE TYPE OF VALUABLE ADVICE NIGEL WILL BE PROVIDING. DON’T DELAY, VISIT TODAY:
Ugh! Could someone please explain to me why Congress wants to bail out these people?
We all need debt. If people are incentivized to drill debt wells, then we all benefit from cheap debt prices. It is right for Congress to subsidize debt exploration.
Kerriella said: "but I was 2nd does that count for anything?"
Let's examine the facts: Kerriella is a Haterz(tm) member Kerriella is female Kerriella is a female Hater
Yep, you qualify for a 2nd. :)
And to your other question, why would politicians bail out FB'ers? Votes....pure and simple. Every special interest group is screaming so politicians will take advantage of the situation by appearing as caring and sensitive. Most will float "bail out balloons" to see which one will be accepted by the mainstream voting public.
The fairness of any piece of legislation is inversely proportional to its likeyhood of passage.
We need to phase back in, very slowly the cap gains on sale of housing. We need to keep the HMID. We need legislation that makes the banks liable for forgiven debt as well under the premise that the loans was poorly made and the profits need to be disgorged. We need to draw a stronger line between primary residence, second homes and investment real estate. We need to disintermediate the mortgage lending business if only for the cost savings and transparency issues.
For the benefit of those who refuse to visit IAFF:
# 314. Nigels Guest Blogger April 21st, 2007 at 9:55 am
**** ANNOUNCEMENT ****
NIGEL IS ABOUT TO PAY TO RELEASE THIS ON PRNEWSWIRE, BUT AS LOYAL FANS HE WANTS ME TO POST IT HERE FIRST.
FROM THE AWARD-WINNING CREATOR OF THESE INSPIRATIONAL AWARD-WINNING BLOGS:
Easy Mortgages New Homes in Utah Homes for Sale in Utah Casey Serin - An Alternate Take Nigel Swaby Stuff for Sale in Salt Lake Salt Lake Real Estate Blog
NIGEL IS HAPPY TO ANNOUNCE THE NEXT-GENERATION OF AWARD-WINNING BLOGS. NIGEL SWABY IS PLEASED TO ANNOUNCE THE CREATION OF A NEW BREED OF MONETIZED WEB BLOG TO HELP ASSIST THOSE WHO ARE ABOUT TO BE FACING FORECLOSURE.
IN A SINGLE STROKE OF GENIUS, NIGEL HAS ONCE AGAIN TAPPED THE INFINITE SOURCE OF MARKETING GENIUS AND HAS COME UP WITH A PRODUCT THAT WILL ULTIMATELY COMPETE WITH OTHER NATIONAL BRANDS LIKE TRUMP, VIVID VIDEO AND AXE BODY SPRAY.
CAN THE GUY COME UP WITH A CATCHY BRAND AT WILL? I’M IN AWE.
NIGEL WILL BE EFFORTING TO ASSIST POTENTIAL FORECLOSEES WITH HIS AWARD-WINNING BRAND OF CONDESCENSION.
FOR A MERE $29.95 (SOME OTHER BLOGGERS ARE CHARGING $30 OR $40 FOR SUCH SYSTEMS) YOU WILL GET THE FOLLOWING:
- A 21 MINUTE PHONE CONSULTATION WITH AWARD WINNING BLOGGER NIGEL SWABY - UNLIMITED EMAIL CONVERSATIONS FOR 8 DAYS (THAT’S A BAKER’S WEEK) - PINS FROM THE 1980 WINTER OLYMPICS THAT WERE HELD IN LAKE PLACID, NY (THAT’S MY CONTRIBUTION)
WHY PAY MORE FOR -OTHER- FORECLOSURE ASSISTANCE SITES WHEN YOU CAN GET MORE, MORE MORE FOR LESS, LESS, LESS.
PLEASE CALL NIGEL ANYTIME @ 801-560-0967.
FOR A LIMITED TIME ONLY, IF YOU VISIT THE SITE YOU WILL GET A **FREE** SAMPLE OF THE TYPE OF VALUABLE ADVICE NIGEL WILL BE PROVIDING. DON’T DELAY, VISIT TODAY:
bob dawg, good solutions all but in the spirit of occam's razor I have ONE proposed law that accomplishes the same:
The bank that originates the mortgage must hold the mortgage for the duration of the loan.
Banks would be forced to take a more pro-active role to save fliptards from themselves. Oh, and my change simply takes us back to how mortgages were originated from the first note on Ogg's cave until the early 00's.
King XII, I understand your intent but I disagree. We get lots of good benefit from liquidity and bundling and such. IMO those aspects reduce costs and risk. I don't like the idea of stripping and tranching however. I'd like to see residential home loans remain intact and traceable. Heck, we can do it for every beef and milk cow in North America we can do it for a home loan. Okay, I know the cow gets chopped up into eleventy zillion little pieces from contact cement to driving gloves to tartare but you get my point. The local bank with local customers mat do better for individual risk but cannot likely draw a large enough pool to avoid random risk, death/divorce/etc. Additionally, locals are subject to specific risks like when "the plant" closes.
I favor the disintermediation part. We do auto-deduct and all that for pennies per transaction, I don't see why we still need all these fingers in the cashflow. Get rid of them and the savings will possibly help many avoid foreclosure in the first place.
I just got home from a few hours of WORK, and I'm all disappointed that it's only 3pm so there are no fly-by updates from the pool.
Of course, on the other hand, I want him there all alone (or with the totally involved, lazy, chasing an easy multi-million, napping, jell-o making princess) - if people go watch or engage him it only feeds his delusions. So torn. We need real-time better satellite imagery.
good points. But, where is the economic insentive to stop fraud otherwise? Disintermediation removes the economic insentive to perform due dillegence. After the originator gets their fee from the lying flipptard, why do they care if they can off-load the risk?
There needs to be some way to attach the risk of the loan to the origniator. Otherwise, policing for fraud is economically irrational. And that is one of the core reasons why we have this bubble. Any system that lets an unemployed 24 year old get $2.2 million in mortgage debt is broken. period.
Unless you want the government to get involved even more than today (i.e., increase enforcment resources by orders of magnitude so prosecution of people like Casey is certain), I cannot see any other cost-effective mechanism to limit fraud.
I understand your point about "local" risks, but the system was built to withstand a few local banks blowing up, and also banks themselves had limits on mortgage exposure as a ratio of assets.
maybe a discussion on disintermediation would be a good future topic. lotsa smrt peeps here.
I think one of the most profound things i've done in my life is to gain divine inspiration in noting that Nigel is INDEED the type of person to wear Axe body spray.
After the originator gets their fee from the lying flipptard, why do they care if they can off-load the risk?
This is where the disintermediation comes in. First, the originator won't be getting the big fees in the future and second I expect there to be just this one layer (originator and bidder) and insurance. The originator bundles say 100 loans and offers shares. Bidders buy 1/100th or whatever and at the same time pick from among the list of insurers and their rates for that bundle.
You Haterz don’t know who you are messing with. One phone call, that’s all I need. One phone call and you will feel the wrath of the entire Jamaican Bobsled Team.
There are 2759 reasons why I am superior to you. My blog has REACH, dammit. I am stickier than organic hair wax. DO YOU UNDERSTAND? I own a POOL for Christ sake and you dare mock me?
I sell more Olympic Pins before 9am than most folks do in a week. Have you not read the press releases I bought? I LAUNCH THINGS.
I have PUFF DADDY’S freaking autograph on a copy of the program from the awards ceremony for the Ice Dancing competition at the Utah games. What you got for that haterz?
How many of you have a bronze medal from the Carnival of Blog? I’ll tell you…NONE. That’s right only me, Nigel “Freakin’” Swaby.
Damn
Anytime someone starts to feel sorry for Snowflake, or has the idea he is NOT a life long con artist, read this from TEN years ago.
http://groups.google.com/group/abg.suche/browse_thread/thread/470c4a52726baf6d/940662daa1a00c66?hl=en#940662daa1a00c66 "From: "Aleksey Serin" Date: 1997/02/08 Subject: $$FAST-N-EASEY CASH$$ NO risk, NOT a scam!! Reply to author | Forward | Print | Individual message | Show original | Report this message | Find messages by this author
I make money easily and legally.
$$$$$$$$$$$$$$$$$$$$$Do you want to make a lot of money
too?$$$$$$$$$$$$$$$$$$$$$$$$
If so read on. This really works.
(This article is adapted from D.LAPARA, yes, I sent $1 to everyone
listed, but it will take from 2 to 4 days.)
$$LETS START MAKING MONEY.$$
This opportunity really works.It works because of basic math and
statistical principles. Further, it is far more profitable for all
"As you most probably have seen, the latest opportunity to make lots of
money is sweeping the internet. If you want to partake in a perfectly
legal opportunity to make up to $50,000 in 4 to 6 weeksread on. skeptics
keep reading. Keep an open mind. You're intelligent if your skeptical.
This process works because of the formula. The formula will make this
pay.
This article will explain how to go about getting involved. If you
already know and just want to use the addresses please do. Those of you
who are new and have a mere $5.00 to invest read this entire article
carefully.
I am just an average person who enjoys the internet,and making money.
For months now I have been bombarded with this quick money making
opportunity and have always passed this off as being a scam.
Now I find that I really could use the money and it will be fun too. So
I said to myself even if it is a scam all I lost was $5, 5 envelopes
and postage.I can cover that, and if it works, my life will be a lot
better off.
So lets begin...
FIRST,
Print this article now so you can refer to it as needed. What you need
to do is send $1 to each of the 5 addresses listed below ( US Currency
only ).
Get five pieces of paper and on each one write: PLEASE PUT ME ON YOUR
MAILING LIST,YOU ARE NUMBER X (Their number in this article). Fold the
paper around the $1 bill in each of those letters so that they cannot be seen if the letter is held up to the light.
Mail each letter with this comment and the $1 to the following five
people
1. Waters, 768A Main St. Lykens,PA 17048
2. D.L. Strom, 1102 E. Main St. Belleville,IL 62220-3908
3. D. Lapara, 12165 Germain Charland, Montreal,Canada, H1E 6S6
4. R.Knowles, 1159 willowbend cir. #4, Colorado Springs, CO. 80918
5. Casey Serin, 8954 Phoenix Ave, Fair Oaks, CA 95628
You then place YOUR NAME at the # 5 slot and move everybody up one (ie #
5 becomes # 4, # 4 becomes # 3 and so on. The # 1 listed in this article
will be removed completely because they have already been through the
cycle).
Now post the article to 200 newsgroups minimum, but the more you post the more$$$$ you get. ( instructions will follow on how to post).Thats all there is folks. No kidding!! Now within
7 days you will start getting money in the mail. It is shocking. I still can't believe it.
$$HOW THE SYSTEM WORKS$$
Out of every 200 postings, lets say I only receive 5 replies ( which is
very low).
So that means I made $5 when my name was #5. Hey, I broke even. Now say
each of those five people post to 200 newsgroups, now with your name at
#4, which is a total of 1,000 postings, excluding your 200. At the same
time 50 people now send you $1.Another free $50!! Then these 50 people
each post to 200 newsgroups with your name at #3, thats 10,000 postings!
Average return is 500 at $1 each= $500 for you.Those people make 200
postings each which leads to $5000. And finally 5000 people make 200
postings with YOUR NAME AT NUMBER 1. THATS A POTENTIAL RETURN OF
$50,000!!!!!! Now yourname drops off the list.
This is the results if only 5 people respond to each 200 posting. If
everyone posted to more than 200 who knows what the potential could be.
So have fun and be honest. Remember, even if you get nothing, you are
only out 5 bucks plus postage.And as the old saying goes..." You can't
win if you don't play".
Mind you it will only work if you follow the instructions exactly.If you
put your name on the list without sending the money,you will not see any
significant results. By sending the money you are distributing your name
to those already in the cycle who then may chose your name when they
start a new cycle with 5 new random names. If you are honest then you
will be rewarded.
HOW TO POST TO 200 NEWSGROUPS USING NETSCAPE 3.0
1.Click on any newsgroup like you usually would,then click on "TO:NEWS"
in upper right hand corner. This will bring up a message to type this
article in.
2.Leave the message box the way it is don't maximize it.
3.In subject box type something flashy like $$$CASH READ HERE$$$
4.Tab once and you are ready to type in the body of the box.Retype this
article with your name inserted in the #5 slot and the others moved up
as directed earlier. Remember the #1 in this article will be removed in
yours.
5.When you are done retyping this whole article with the proper changes
click on FILE in this message box(right above send) click on SAVE AS
under FILE (make sure your in the newsgroup message window,not where it
says Netscape News) Save your file as a text file to your C: or A:
drive.
DO NOT SEND OR POST YOUR ARTICLE UNTIL YOU DO THIS!!! Once saved go to
next step.
6.To post to at least 200 newsgroups do the following.You can post to
more which will bring you more money but 200 is the bare minimum. Go to
a newsgroup you want to post in. Click on "TO NEWS".Write your subject
just like you did when you retyped this article. Hit tab once.
Now click ATTACHMENT another box pops up. Find your file where you saved
it highlight the file and click "OPEN". Now click OK. If you did this
right you should see the file name in the ATTACHMENTS box in shaded
letters.
7.NOW JUST CLICK SEND. Do this to at least 200 newsgroups (there are
over 18,000) Each time it takes no more than 30 seconds so once you
have retyped the article its easy.
INSTRUCTIONS FOR EXPLORER
1. Holding down the left mouse button,highlight this article. Then press
"CRTL" key and "C" at same time to copy this article.
2. Print this article for reference.
3. Go to newsgroups and press "POST AN ARTICLE",a window will open type
your headline in the subject area and click in the large window below.
4. Press "CRTL" and "V" and the article will be placed in the window.
If you want to edit the article,do so and then highlight and copy it
again. Now every time you want to post the article in a new newsgroup
just do the "CRTL" and "V" command and press POST.
REMEMBER.... HONESTY IS THE BEST POLICY. YOU DON'T NEED TO CHEAT THE
BASIC IDEA TO MAKE
THE BIG BUCKS! GOOD LUCK TO ALL, AND PLEASE PLAY FAIR AND YOU WILL WIN
I'm imagining Nigel hunched over his computer right now feverishly typing up foreclosure advice, his bathroom reno or whatever he was doing abandoned in the background.
I predict the gallon of bleach photo-op was Casey's accomplishment today.
lol. Queen Sarah got me hooked on 24. I can just imagine one of those split screens for right now: 1) nigel hunched over the computer, blogging away 2) casey napping, 3) homeless bob peeing into pool.
also what amazes me: bob dawg runs an open ship. Little wild at times, but overall on-topic. casey and nigel have to lock everything down. the difference: bob dawg is honest, which all of us here at EN respect. Three cheers for bob dawg!
sure bob dawg and I disagree about the role of disintermediation in the mortgage bubble, but we have a civil and enlightening discussion about the matter (livened by the picture Casey Fannn so graciously provided of Bubba laying some pipe into tenderloin's plumbing -- a must see I presume).
This here's a story 'bout a man named Case Bought a buncha houses that turned into a waste Then one day he was cookin' up a blog Seven months later he said "man, I'm in a fog".
"Every dirty penny has to be paid back" "Rent and food? I seem to have a lack" The hot wife he got from actin' pretty rich Is now gettin' ready to turn into a bitch
Quit jobs and school and lookin' for sweet deals A lotta people say "you're only spinnin' wheels" Free market system fails once again Maybe the example is set by the President?
Congress is sayin', "man let's pay for Casey" "Even if that scheme is soundin' pretty crazy" "Our bank accounts are all in nice Euro's" "And all the rest of you are nappy headed ho's"
[breakdown]
We hope you all come back next week to this locality
To have a heapin' helpin' of this Case-tastrophe
Uzbeki-trash that is...take a nap...get some Jaaaaammba...
This is off topic, but could prove to be a viable business opportunity for Casey and Nigel.
I need some marijuan for pain manaagement and fatigue. I was living in California where I had a prescription for medical marijuana... this became necessary after surgery in 2003 for ovarian cancer. The marijuana works for pain management.
I left California last year - returning to the Pacific NW to be closer to my family.
Finding marijuana here is very hard. California was so easy - I could go to the store and buy it. Here, you need to know somebody.
I never smoked marijuana until the surgery.... was the original "just say no to drugs" girl.
Anyway, anyone have any ideas how/where I should go to find some meds? I've asked those neighbors I trust - no luck. Can't ask at the office (very conservative).
How/where do people find a supplier?
I tried Craigslist - I mean all these people post they have some 420 for a party. But no one wants to share the name of a supplier.
In the meantime - Casey and Nigel should forget RE and start a pot growing and distribution business. I mean, from what I understand there is a constant market for the stuff. Baby boomers (like me) are aging and cancer numbers are going up - the market is growing (so to say).
In the meantime, anyone know of any blogs or sites where this is discussed? If not, I may need to start one.
As you've found, it's hard to obtain illegal drugs, for whatever purpose, unless you regularly hang in certain circles. Regardless of how conservative, there are probably people at your office who use pot recreationally. Good luck finding them, though.
You probably know there is a prescription drug called Marinol that releases THC (the active ingredient in pot) into the body--it's legal in all 50 states. I've heard (from a doctor) that many people complain about the lack of dosage control taking the pill--it's easier to avoid overdoing it if you're smoking conventional weed.
I'm not sure how skilled you are at botany, but I'm going to go out on a limb (leaf?) and suggest growing your own. Not sure of the quantity you need, but you can probably set up a stealth grow operation in one of those large, opaque Rubbermaid containers. I've heard there are places in other countries that, for a fee, will mail you seeds (to your Mail Boxes Etc. address, paid for in cash). Yahooka.com is a great portal for this sort of information.
43 comments:
Murst!
ahh almost had it too! lol
Prediction:
One day I will be first, but not today.
I'd like to also give props to Rob Dawg for always finding a hilarious image that accompanies the news story perfectly.
Rob,
Where do you come up with the theme photos?
Verily, you have Mad Skilz.
Who's Nigel's Guest Blogger? I'm guessing Legion or GameOver. Whoever it is, they're funny as hell.
Kerriella,
Here, on EN, two minutes is a lifetime when it comes to FIRST.
Almost = seconds
The blog is a wedge between Casey and Galina. If she accepts it and becomes more visible on the blog, it speaks to the strength of their marriage.
LOL true, The Dude. Guess I didn't ALMOST have it, but I was 2nd does that count for anything?
Since I am the one that really started the entire race for first awhile back.
I hereby by my own authority as the one who make firster what it is today declare the following:
The titled Murst spot shall be number 1 with additional mursts being just as important being number 101 (one hundred and murst), 201 (two hundred and murst)....and so on and so on.
It is always a special occasion when RobDawgs comments turn each 100 mark.
Additional rule is if someone deliberately spams with a bunch of crap just to increase the count (including working with others either in tangent or unwittingly)..then their 1 hundred and murst will be invalid and the person that is immedietly preeceeding the mursts will be counted for the murst spot.
Breaking news from the Washington Post:
...if the lenders do forgive the debt, the Internal Revenue Service will consider it taxable income. On Wednesday, Reps. Robert E. Andrews (D-N.J.) and Ron Lewis (R-Ky.) introduced a bill that would make such a forgiven debt non-taxable.
FOR A LIMITED TIME ONLY, IF YOU VISIT THE SITE YOU WILL GET A **FREE** SAMPLE OF THE TYPE OF VALUABLE ADVICE NIGEL WILL BE PROVIDING. DON’T DELAY, VISIT TODAY:
http://foreclosureavoiders.blogspot.com/
ok, that was funny.
Ugh! Could someone please explain to me why Congress wants to bail out these people? They made their beds shouldn't they have to lie in them?
don't panic about the political manueverings....
IF this bill were to pass, what it would accomplish is the encouragement of further fraud.
Hmmm let's see, if we keep doing these cash-back deals and then just short-sell the house we won't owe a penny! sweeeet!
The banks wouldn't go for that, someone in the govt will point out the obvious and this, like other plans, will die quietly.
Ugh! Could someone please explain to me why Congress wants to bail out these people?
We all need debt. If people are incentivized to drill debt wells, then we all benefit from cheap debt prices. It is right for Congress to subsidize debt exploration.
I love to see some "journalist" ambush Galina and/or Yulia 60-Minutes-style and ask them WTF is going on.
Kerriella said: "but I was 2nd does that count for anything?"
Let's examine the facts:
Kerriella is a Haterz(tm) member
Kerriella is female
Kerriella is a female Hater
Yep, you qualify for a 2nd. :)
And to your other question, why would politicians bail out FB'ers? Votes....pure and simple. Every special interest group is screaming so politicians will take advantage of the situation by appearing as caring and sensitive. Most will float "bail out balloons" to see which one will be accepted by the mainstream voting public.
The fairness of any piece of legislation is inversely proportional to its likeyhood of passage.
We need to phase back in, very slowly the cap gains on sale of housing. We need to keep the HMID. We need legislation that makes the banks liable for forgiven debt as well under the premise that the loans was poorly made and the profits need to be disgorged. We need to draw a stronger line between primary residence, second homes and investment real estate. We need to disintermediate the mortgage lending business if only for the cost savings and transparency issues.
I wonder if Nigel is pullingout the hair he has left at having no ability to control the ammount of flaming towards him that is going on.
For the benefit of those who refuse to visit IAFF:
#
314. Nigels Guest Blogger
April 21st, 2007 at 9:55 am
**** ANNOUNCEMENT ****
NIGEL IS ABOUT TO PAY TO RELEASE THIS ON PRNEWSWIRE, BUT AS LOYAL FANS HE WANTS ME TO POST IT HERE FIRST.
FROM THE AWARD-WINNING CREATOR OF THESE INSPIRATIONAL AWARD-WINNING BLOGS:
Easy Mortgages
New Homes in Utah
Homes for Sale in Utah
Casey Serin - An Alternate Take
Nigel Swaby
Stuff for Sale in Salt Lake
Salt Lake Real Estate Blog
NIGEL IS HAPPY TO ANNOUNCE THE NEXT-GENERATION OF AWARD-WINNING BLOGS. NIGEL SWABY IS PLEASED TO ANNOUNCE THE CREATION OF A NEW BREED OF MONETIZED WEB BLOG TO HELP ASSIST THOSE WHO ARE ABOUT TO BE FACING FORECLOSURE.
IN A SINGLE STROKE OF GENIUS, NIGEL HAS ONCE AGAIN TAPPED THE INFINITE SOURCE OF MARKETING GENIUS AND HAS COME UP WITH A PRODUCT THAT WILL ULTIMATELY COMPETE WITH OTHER NATIONAL BRANDS LIKE TRUMP, VIVID VIDEO AND AXE BODY SPRAY.
NIGEL SWABY PRESENTS:
http://foreclosureavoiders.blogspot.com/
CAN THE GUY COME UP WITH A CATCHY BRAND AT WILL? I’M IN AWE.
NIGEL WILL BE EFFORTING TO ASSIST POTENTIAL FORECLOSEES WITH HIS AWARD-WINNING BRAND OF CONDESCENSION.
FOR A MERE $29.95 (SOME OTHER BLOGGERS ARE CHARGING $30 OR $40 FOR SUCH SYSTEMS) YOU WILL GET THE FOLLOWING:
- A 21 MINUTE PHONE CONSULTATION WITH AWARD WINNING BLOGGER NIGEL SWABY
- UNLIMITED EMAIL CONVERSATIONS FOR 8 DAYS (THAT’S A BAKER’S WEEK)
- PINS FROM THE 1980 WINTER OLYMPICS THAT WERE HELD IN LAKE PLACID, NY (THAT’S MY CONTRIBUTION)
WHY PAY MORE FOR -OTHER- FORECLOSURE ASSISTANCE SITES WHEN YOU CAN GET MORE, MORE MORE FOR LESS, LESS, LESS.
PLEASE CALL NIGEL ANYTIME @ 801-560-0967.
FOR A LIMITED TIME ONLY, IF YOU VISIT THE SITE YOU WILL GET A **FREE** SAMPLE OF THE TYPE OF VALUABLE ADVICE NIGEL WILL BE PROVIDING. DON’T DELAY, VISIT TODAY:
http://foreclosureavoiders.blogspot.com/
bob dawg, good solutions all but in the spirit of occam's razor I have ONE proposed law that accomplishes the same:
The bank that originates the mortgage must hold the mortgage for the duration of the loan.
Banks would be forced to take a more pro-active role to save fliptards from themselves. Oh, and my change simply takes us back to how mortgages were originated from the first note on Ogg's cave until the early 00's.
King XII,
I understand your intent but I disagree. We get lots of good benefit from liquidity and bundling and such. IMO those aspects reduce costs and risk. I don't like the idea of stripping and tranching however. I'd like to see residential home loans remain intact and traceable. Heck, we can do it for every beef and milk cow in North America we can do it for a home loan. Okay, I know the cow gets chopped up into eleventy zillion little pieces from contact cement to driving gloves to tartare but you get my point. The local bank with local customers mat do better for individual risk but cannot likely draw a large enough pool to avoid random risk, death/divorce/etc. Additionally, locals are subject to specific risks like when "the plant" closes.
I favor the disintermediation part. We do auto-deduct and all that for pennies per transaction, I don't see why we still need all these fingers in the cashflow. Get rid of them and the savings will possibly help many avoid foreclosure in the first place.
Hey y'all. I am not first.
I just got home from a few hours of WORK, and I'm all disappointed that it's only 3pm so there are no fly-by updates from the pool.
Of course, on the other hand, I want him there all alone (or with the totally involved, lazy, chasing an easy multi-million, napping, jell-o making princess) - if people go watch or engage him it only feeds his delusions. So torn. We need real-time better satellite imagery.
Ruh roh, he's on to us.
http://foreclosureavoiders.blogspot.com/
bob dawg,
good points. But, where is the economic insentive to stop fraud otherwise? Disintermediation removes the economic insentive to perform due dillegence. After the originator gets their fee from the lying flipptard, why do they care if they can off-load the risk?
There needs to be some way to attach the risk of the loan to the origniator. Otherwise, policing for fraud is economically irrational. And that is one of the core reasons why we have this bubble. Any system that lets an unemployed 24 year old get $2.2 million in mortgage debt is broken. period.
Unless you want the government to get involved even more than today (i.e., increase enforcment resources by orders of magnitude so prosecution of people like Casey is certain), I cannot see any other cost-effective mechanism to limit fraud.
I understand your point about "local" risks, but the system was built to withstand a few local banks blowing up, and also banks themselves had limits on mortgage exposure as a ratio of assets.
maybe a discussion on disintermediation would be a good future topic. lotsa smrt peeps here.
Since I refuse to patronize Wiley Coyote or Snowflake's blogs, can someone ask Nigey Poo why there is not record of him being a home owner in Utah?
Mr. Uberbroker to the stars surely can answer that one.
Regarding Snowflake's swamp, I'll bet anyone 10 to 1 that nothing gets done.
PLUMBING THE DEPTHS of CASEY'S FUTURE DEJECTION
I think one of the most profound things i've done in my life is to gain divine inspiration in noting that Nigel is INDEED the type of person to wear Axe body spray.
After the originator gets their fee from the lying flipptard, why do they care if they can off-load the risk?
This is where the disintermediation comes in. First, the originator won't be getting the big fees in the future and second I expect there to be just this one layer (originator and bidder) and insurance. The originator bundles say 100 loans and offers shares. Bidders buy 1/100th or whatever and at the same time pick from among the list of insurers and their rates for that bundle.
2 gold stars for me today, i also amused myself with referring to Nigel's Blogcation.
i mean...
NIGEL IS KIND OF SADDER THAN CASEY AS HE IS OFF ON "BLOGCATION" YET HE JUMPS INTO AVOIDERS STYLE ACTION WHEN HE SEES TRAFFIC ON ONE OF HIS FREE SITES.
- NIGEL'S GUEST BLOGGER
@ dawg
This belongs in the archives.
" 354. Nigel.Swaby
April 21st, 2007 at 12:00 pm
You Haterz don’t know who you are messing with. One phone call, that’s all I need. One phone call and you will feel the wrath of the entire Jamaican Bobsled Team.
There are 2759 reasons why I am superior to you. My blog has REACH, dammit. I am stickier than organic hair wax. DO YOU UNDERSTAND? I own a POOL for Christ sake and you dare mock me?
I sell more Olympic Pins before 9am than most folks do in a week. Have you not read the press releases I bought? I LAUNCH THINGS.
I have PUFF DADDY’S freaking autograph on a copy of the program from the awards ceremony for the Ice Dancing competition at the Utah games. What you got for that haterz?
How many of you have a bronze medal from the Carnival of Blog? I’ll tell you…NONE. That’s right only me, Nigel “Freakin’” Swaby.
Damn
Anytime someone starts to feel sorry for Snowflake, or has the idea he is NOT a life long con artist, read this from TEN years ago.
http://groups.google.com/group/abg.suche/browse_thread/thread/470c4a52726baf6d/940662daa1a00c66?hl=en#940662daa1a00c66
"From: "Aleksey Serin"
Date: 1997/02/08
Subject: $$FAST-N-EASEY CASH$$ NO risk, NOT a scam!!
Reply to author | Forward | Print | Individual message | Show original | Report this message | Find messages by this author
I make money easily and legally.
$$$$$$$$$$$$$$$$$$$$$Do you want to make a lot of money
too?$$$$$$$$$$$$$$$$$$$$$$$$
If so read on. This really works.
(This article is adapted from D.LAPARA, yes, I sent $1 to everyone
listed, but it will take from 2 to 4 days.)
$$LETS START MAKING MONEY.$$
This opportunity really works.It works because of basic math and
statistical principles. Further, it is far more profitable for all
involved.Read on. See how it works.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
"As you most probably have seen, the latest opportunity to make lots of
money is sweeping the internet. If you want to partake in a perfectly
legal opportunity to make up to $50,000 in 4 to 6 weeksread on. skeptics
keep reading. Keep an open mind. You're intelligent if your skeptical.
This process works because of the formula. The formula will make this
pay.
This article will explain how to go about getting involved. If you
already know and just want to use the addresses please do. Those of you
who are new and have a mere $5.00 to invest read this entire article
carefully.
I am just an average person who enjoys the internet,and making money.
For months now I have been bombarded with this quick money making
opportunity and have always passed this off as being a scam.
Now I find that I really could use the money and it will be fun too. So
I said to myself even if it is a scam all I lost was $5, 5 envelopes
and postage.I can cover that, and if it works, my life will be a lot
better off.
So lets begin...
FIRST,
Print this article now so you can refer to it as needed. What you need
to do is send $1 to each of the 5 addresses listed below ( US Currency
only ).
Get five pieces of paper and on each one write: PLEASE PUT ME ON YOUR
MAILING LIST,YOU ARE NUMBER X (Their number in this article). Fold the
paper around the $1 bill in each of those letters so that they cannot be
seen if the letter is held up to the light.
Mail each letter with this comment and the $1 to the following five
people
1. Waters, 768A Main St. Lykens,PA 17048
2. D.L. Strom, 1102 E. Main St. Belleville,IL 62220-3908
3. D. Lapara, 12165 Germain Charland, Montreal,Canada, H1E 6S6
4. R.Knowles, 1159 willowbend cir. #4, Colorado Springs, CO. 80918
5. Casey Serin, 8954 Phoenix Ave, Fair Oaks, CA 95628
You then place YOUR NAME at the # 5 slot and move everybody up one (ie #
5 becomes # 4, # 4 becomes # 3 and so on. The # 1 listed in this article
will be removed completely because they have already been through the
cycle).
Now post the article to 200 newsgroups minimum, but the more you post the
more$$$$ you get.
( instructions will follow on how to post).Thats all there is folks. No
kidding!! Now within
7 days you will start getting money in the mail. It is shocking.
I still can't believe it.
$$HOW THE SYSTEM WORKS$$
Out of every 200 postings, lets say I only receive 5 replies ( which is
very low).
So that means I made $5 when my name was #5. Hey, I broke even. Now say
each of those five people post to 200 newsgroups, now with your name at
#4, which is a total of 1,000 postings, excluding your 200. At the same
time 50 people now send you $1.Another free $50!! Then these 50 people
each post to 200 newsgroups with your name at #3, thats 10,000 postings!
Average return is 500 at $1 each= $500 for you.Those people make 200
postings each which leads to $5000. And finally 5000 people make 200
postings with YOUR NAME AT NUMBER 1. THATS A POTENTIAL RETURN OF
$50,000!!!!!! Now yourname drops off the list.
This is the results if only 5 people respond to each 200 posting. If
everyone posted to more than 200 who knows what the potential could be.
So have fun and be honest. Remember, even if you get nothing, you are
only out 5 bucks plus postage.And as the old saying goes..." You can't
win if you don't play".
Mind you it will only work if you follow the instructions exactly.If you
put your name on the list without sending the money,you will not see any
significant results. By sending the money you are distributing your name
to those already in the cycle who then may chose your name when they
start a new cycle with 5 new random names. If you are honest then you
will be rewarded.
HOW TO POST TO 200 NEWSGROUPS USING NETSCAPE 3.0
1.Click on any newsgroup like you usually would,then click on "TO:NEWS"
in upper right hand corner. This will bring up a message to type this
article in.
2.Leave the message box the way it is don't maximize it.
3.In subject box type something flashy like $$$CASH READ HERE$$$
4.Tab once and you are ready to type in the body of the box.Retype this
article with your name inserted in the #5 slot and the others moved up
as directed earlier. Remember the #1 in this article will be removed in
yours.
5.When you are done retyping this whole article with the proper changes
click on FILE in this message box(right above send) click on SAVE AS
under FILE (make sure your in the newsgroup message window,not where it
says Netscape News) Save your file as a text file to your C: or A:
drive.
DO NOT SEND OR POST YOUR ARTICLE UNTIL YOU DO THIS!!! Once saved go to
next step.
6.To post to at least 200 newsgroups do the following.You can post to
more which will bring you more money but 200 is the bare minimum. Go to
a newsgroup you want to post in. Click on "TO NEWS".Write your subject
just like you did when you retyped this article. Hit tab once.
Now click ATTACHMENT another box pops up. Find your file where you saved
it highlight the file and click "OPEN". Now click OK. If you did this
right you should see the file name in the ATTACHMENTS box in shaded
letters.
7.NOW JUST CLICK SEND. Do this to at least 200 newsgroups (there are
over 18,000) Each time it takes no more than 30 seconds so once you
have retyped the article its easy.
INSTRUCTIONS FOR EXPLORER
1. Holding down the left mouse button,highlight this article. Then press
"CRTL" key and "C" at same time to copy this article.
2. Print this article for reference.
3. Go to newsgroups and press "POST AN ARTICLE",a window will open type
your headline in the subject area and click in the large window below.
4. Press "CRTL" and "V" and the article will be placed in the window.
If you want to edit the article,do so and then highlight and copy it
again. Now every time you want to post the article in a new newsgroup
just do the "CRTL" and "V" command and press POST.
REMEMBER.... HONESTY IS THE BEST POLICY. YOU DON'T NEED TO CHEAT THE
BASIC IDEA TO MAKE
THE BIG BUCKS! GOOD LUCK TO ALL, AND PLEASE PLAY FAIR AND YOU WILL WIN
AND MAKE SOME REAL INSTANT FREE CASH.
----------------------------------------------------------------------------
--------------
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
$$$$$$$$$$$$$$
@ anon 1:09
Yeah, you know he came in his parachute pants when he saw all those hits coming from IAFF.
A whole bunch of non-instant comments (100+) just got moderated. Unless he's found someone to do it for him, Casey's back on the switch.
What do you mean he's moderating? Can't be. Everyone knows he's busy today cleaning that pool.
*sniker*
I'm imagining Nigel hunched over his computer right now feverishly typing up foreclosure advice, his bathroom reno or whatever he was doing abandoned in the background.
I predict the gallon of bleach photo-op was Casey's accomplishment today.
wow, the internet rules... a little sleuthing and I uncovered this, caveat emptor:
http://foreclosureavoidersruinedmylife.blogspot.com/
lol. Queen Sarah got me hooked on 24. I can just imagine one of those split screens for right now: 1) nigel hunched over the computer, blogging away 2) casey napping, 3) homeless bob peeing into pool.
also what amazes me: bob dawg runs an open ship. Little wild at times, but overall on-topic. casey and nigel have to lock everything down. the difference: bob dawg is honest, which all of us here at EN respect. Three cheers for bob dawg!
sure bob dawg and I disagree about the role of disintermediation in the mortgage bubble, but we have a civil and enlightening discussion about the matter (livened by the picture Casey Fannn so graciously provided of Bubba laying some pipe into tenderloin's plumbing -- a must see I presume).
I see that Durtee Penni shaved before applying oil.
This here's a story 'bout a man named Case
Bought a buncha houses that turned into a waste
Then one day he was cookin' up a blog
Seven months later he said "man, I'm in a fog".
"Every dirty penny has to be paid back"
"Rent and food? I seem to have a lack"
The hot wife he got from actin' pretty rich
Is now gettin' ready to turn into a bitch
Quit jobs and school and lookin' for sweet deals
A lotta people say "you're only spinnin' wheels"
Free market system fails once again
Maybe the example is set by the President?
Congress is sayin', "man let's pay for Casey"
"Even if that scheme is soundin' pretty crazy"
"Our bank accounts are all in nice Euro's"
"And all the rest of you are nappy headed ho's"
[breakdown]
We hope you all come back next week to this locality
To have a heapin' helpin' of this Case-tastrophe
Uzbeki-trash that is...take a nap...get some Jaaaaammba...
Hi All:
This is off topic, but could prove to be a viable business opportunity for Casey and Nigel.
I need some marijuan for pain manaagement and fatigue. I was living in California where I had a prescription for medical marijuana... this became necessary after surgery in 2003 for ovarian cancer. The marijuana works for pain management.
I left California last year - returning to the Pacific NW to be closer to my family.
Finding marijuana here is very hard. California was so easy - I could go to the store and buy it. Here, you need to know somebody.
I never smoked marijuana until the surgery.... was the original "just say no to drugs" girl.
Anyway, anyone have any ideas how/where I should go to find some meds? I've asked those neighbors I trust - no luck. Can't ask at the office (very conservative).
How/where do people find a supplier?
I tried Craigslist - I mean all these people post they have some 420 for a party. But no one wants to share the name of a supplier.
In the meantime - Casey and Nigel should forget RE and start a pot growing and distribution business. I mean, from what I understand there is a constant market for the stuff. Baby boomers (like me) are aging and cancer numbers are going up - the market is growing (so to say).
In the meantime, anyone know of any blogs or sites where this is discussed? If not, I may need to start one.
anonymous @ 5:35 PM:
As you've found, it's hard to obtain illegal drugs, for whatever purpose, unless you regularly hang in certain circles. Regardless of how conservative, there are probably people at your office who use pot recreationally. Good luck finding them, though.
You probably know there is a prescription drug called Marinol that releases THC (the active ingredient in pot) into the body--it's legal in all 50 states. I've heard (from a doctor) that many people complain about the lack of dosage control taking the pill--it's easier to avoid overdoing it if you're smoking conventional weed.
I'm not sure how skilled you are at botany, but I'm going to go out on a limb (leaf?) and suggest growing your own. Not sure of the quantity you need, but you can probably set up a stealth grow operation in one of those large, opaque Rubbermaid containers. I've heard there are places in other countries that, for a fee, will mail you seeds (to your Mail Boxes Etc. address, paid for in cash). Yahooka.com is a great portal for this sort of information.
@ 5:35 PM, Anonymous-
You could try the following:
iamfacingbirkenstocks.com
iamfacingthescentofbongwater.net
hempmakesafinerope,mowereallydon'twanttosmokeititisonlyformedicinalreasonstiedyeisnotacrimebillclintonrocks.net
are you in seattle seeking 420?
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