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.
Sunday, September 14, 2008
I Like this One Better
I'm off to Disneyland so at best a I'll check in a bit while standing in lines. If this picture doesn't inspire a hundred replies you should probably wait until tomorrows' transportation cavalcade of posts. Remember, keep it snarky and off topic.
@Dawg, Be careful, Nietzsche Koi is now another blocked blog of mine. This may be the death of a fishy Fishnet Friday. One of my main source of blogging entertainment is the crazy search terms that lead people there. Without that, it is not much fun.
Sept. 14 (Bloomberg) -- Wall Street readied for a potential Lehman Brothers Holdings Inc. bankruptcy after Bank of America Corp. and Barclays Plc pulled out of talks to buy it and the government indicated it wouldn't provide funds to prevent a collapse. Banks and brokers today held a session for netting derivatives transactions with Lehman, or canceling trades that offset each other, in case the New York-based firm files for bankruptcy before midnight.
Futures are way down now but of course it's a long way till tomorrow morning. I've seen them go way low and then come back up before the open.
Also Merrill Lynch is being bought by B of A -- that could be bullish or bearish, I don't know the details.
AIG likely to be downgraded but that's probably factored in already.
This is why I don't keep positions over the weekend in this climate, generally. I'm all in cash, so if there's a healthy drop I might jump in with a broad based ETF then get out with the first bounce, my standard procedure. Low risk.
14 comments:
Sweet, the barely legal crowd.
I guess G got Casey's balls in the split ;>)
h.
Purple America approves.
My my, blue balls indeed... Apparently the dog's been doing some surfing - That's as tame as Dawson Miller's pictures get. =)
Yummy.
Oops, sorry - that was on topic.
Is that an artist's rendition of Casey Serin after his re-assignment surgery? :-)
What do you mean, "after"?
Dawg, I support your plan to turn EN into a porn blog. Housing is so last year, but porn is never passé.
Oddly, I'm finding that some people in the SF Bay area think that this is a *fantastic* time to buy, with sweet deals™ everywhere.
@Ogg,
Dawg, I support your plan to turn EN into a porn blog. Housing is so last year, but porn is never passé.
True.
@Dawg,
Be careful, Nietzsche Koi is now another blocked blog of mine. This may be the death of a fishy Fishnet Friday. One of my main source of blogging entertainment is the crazy search terms that lead people there. Without that, it is not much fun.
Sept. 14 (Bloomberg) -- Wall Street readied for a potential Lehman Brothers Holdings Inc. bankruptcy after Bank of America Corp. and Barclays Plc pulled out of talks to buy it and the government indicated it wouldn't provide funds to prevent a collapse. Banks and brokers today held a session for netting derivatives transactions with Lehman, or canceling trades that offset each other, in case the New York-based firm files for bankruptcy before midnight.
@Pleather,
We are *so screwed* I'm attempting news Ignore Mode™ for the sake of my mental health this weekend.
The SKF (ultra short finanicals) is looking pretty good at the moment. Of course I'm not in it. Day late and dollar short.
Futures are way down now but of course it's a long way till tomorrow morning. I've seen them go way low and then come back up before the open.
Also Merrill Lynch is being bought by B of A -- that could be bullish or bearish, I don't know the details.
AIG likely to be downgraded but that's probably factored in already.
This is why I don't keep positions over the weekend in this climate, generally. I'm all in cash, so if there's a healthy drop I might jump in with a broad based ETF then get out with the first bounce, my standard procedure. Low risk.
Lehman: more socialising the losses of the rich on TOD
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