Talk about desperate. One of my favorite Realtors® has been "blogging" for quite some time. Everything you might expect from a NAR true believer. Good news goes bold, bad news goes under the fold. Well, he's run out of good news so we have to resort to manufacturing rumors. And is this one ever a doozie!
I heard a bit of a rumor that Intel is asking more of their workers to move out of locations in the Bay Area to their location in Folsom. ...and if AMD follows suit as he expects it to, that’s great news for our economy out here. Link.
I don't imagine he'll actually let you post your opinion on either the rumor or this irresponsible action but it is worth a try. Just remember to reproduce your post here for the record.
27 comments:
First? Mein gott!
Wayne Engell and Barry Ritholtz take over "Kudlow & Company."
Engel almost a quote: "The deepest and longest decline in home prices since the Great Depression."
If I bury my head deep enough in the sand, then everything will be fine.
Latest figures for housing price declines shows five CA areas in the top 10... Sacramento is one of them. Another is Fairfield / Vaccaville (just South of Sacto). Inventory in the area is through the roof. Yeah... it's going to get MUCH worse there.
Fast forward a year and this yahoo will be "bloging" about his wonderful new career with Amway.
That guy could live off the carbon sequestered in his neck for quite some time, but it looks like something small and furry beat him to it!
Cool, maybe the SF transfers can take the empty cubicles that were occupied by these people.
Everybody is begining to understand why this guy is a favorite Realtor®. You can't make this stuff up. He has no problems with censorship, even request others censor comments he finds uncomfortable and claims to be a practicing Buddist no less. Since the start of the implosion he's built an agency in the Sacto area with multiple agents under his tutelage. Whistling in the graveyard.
That's hilarious Rob. I'll have to check out John's blog. While I'll agree he's definitely a 'glass half full' kind of guy, I've got no idea where someone comes up with these ideas.
I heard a rumor the State Capitol is moving with all state employees from Sac to Newbury Park,ca since Amgen is abandoning the state there will be lots of cheap office space for Ahnold. Also lots of CFC offices around that area. Ahnold needs to be closer to LA for filming movies.
The good news according to WSJ is that Intel is adding 800 jobs at Folsom.
Bad news?: Article is dated June 24, 1993. Oh well.
Bobby Dawg, no comment about the CashCall thingy?
Fresno is in better shape than Sac. (And the clicky link is a bit more recent).
Gentlemen,
While perusing the Houston Chronicle this morning, I stumbled across a story featuring our own M. SINGH.
M. SINGH.
Lou,
Interesting tidbit on M. Singh.
But those people get hit in a slowdown. "Last hired, first fired" really stings if you have less than a year's experience.
Also it kills job prospects later on. We won't hire anyone with more than a decade of experience if they cannot show that they've survived at least one design review somewhere (usually, that takes 5 years of experience).
There is a big difference between the requirements of a salesman or junior position and higher up positions... bwaa haa ha!
As to home price declines and these comments. Yawn. It hasn't even started. ;)
Got popcorn?
Neil
Here was my reaction to the M. SINGH sighting.
Hepatitis Scare at San Jose Jamba Juice.
OK, I'll shut up with the off-topicness now. These news nibletts just seemed to coincide well. Plus, I'm punchy after a long day.
Gentlemen,
I find this quote (from Lou's Singh linky) puzzling...
"The demographic dividend theory in India is bogus," Pai says. "They are not trained people."
I wonder if they have sushi in India....they might have Koi and algae. YUCK!
Lets face it, Microelectronics just like the rest will become a Sweatshop activity they will happily outsource to China. Intel, AMD, IBM, TI have nothing but cut US jobs within the last years, only keeping the foundries for the high tech chips around.
Looks like Latrine Spewell got his Yacht repo'd.
http://www.wbay.com/Global/story.asp?S=6967760
If memory serves, he hasn't played in the NBA since '04 when he spit on a $7mil per year offer, stating that he "had kids to feed".
The guy in the pic looks like a freakin' pedophile. Either that or he really believes the cute little bear on his third chin will draw the babes like a magnet. For those of you who have access to mind bleach, just imagine this fine specimen of manhood on top of you gasping for air with that bear attached to his hairy chest....
@Legion.
Thanks. I'm now having a similar reaction to the one I had at unhappyhubby's blog.
I'll be thinking of you later as I hurl. In the not too distant future. :blech:
@legion:
There isn't enough mind bleach in the entire world to scrub some things bleachy clean.
...
Bodhisattva, I'm gonna sell my house in town
Bodhisattva, I'm gonna sell my house in town
And I'll be there, I'll shine in your Japan
I'll sparkle in your China, yes I'll be there...
Is Casey going to host a new talk cast?
I guess we'll find out if the new Casey blog is fake or not.
http://iamfacingforeclosurethereturn.blogspot.com/2007/08/sweet-deals-plus-new-talkcast.html
@Akubi:
"'The demographic dividend theory in India is bogus,' Pai says. 'They are not trained people.'"
Let me see if I can explain this. The common knowledge has been that India has a workforce of bottomless size, so they can absorb an unlimited number of jobs. The demographics--in this case, the size of the population--pay a dividend, in this case an unlimited potential for new jobs.
What the person is trying to say is that the common knowledge is wrong. I have some knowledge in this particular field, but basically, a huge population can draw companies who are looking for cheap labor, but there is a bottleneck in specialized skills, and in India, and China, people with specialized skills are in short supply.
India and China can, in fact, provide a virtually unlimited number of people to do unskilled labor on an assembly line, or answer phones at a call center. But who's going to maintain the machines and the phones? The specialized skills necessary for running factories and business process outsourcing, not to mention IT outsourcing, are in very limited supply. High birth rates and unemployment produce lots of workers, but they don't produce lots of technical certifications.
Consequently, the cost of skilled labor in technical fields is rising very quickly in both India and China--so much so that India is worried that it will begin to lose its edge in IT. Outside companies will come in and will discover, to their shock, that they're saving money on the unskilled labor, but not saving on the skilled labor and management.
It's almost like the globalization of wages or something.
@Trent:
I could be proven wrong by the fraudcast, but I would say that there is a better-than-even chance that this is not the original. Unless he can prove himself to be the original, I shall dub him DeuteroCasey.
Lou -
Nice touch with the Dorittos in the M. SINGH tribute. Very healthy breakfast. :)
Those who think "IAFF: The Return" is for real are either mind-bogglingly dense or creepily obsessed.
IT'S A JOKE, PEOPLE
Post a Comment