sounds right but its a butt bite

should read

tired of not death but ........ crime

===========================

crime as in the oldest tricks in the settlers book
type crime

the swindle ....the shake and fake

the old glass beeds jingle
the natives' land hustle

grand theft whitey

reframed many a times over

the lovely law of the fronteer
applied to the cycle of settlement itself

first
abels kin
fuck over cains'
as in
where we cow ranchers rule

there's always
a sod buster shake out

last

hey nigger get off my property

yup today in the crescent city
owning a well located lot
while being black
spells crime in progress

or better
crime against progress

no still better

crime against renaissence against rebirth against life itself

crime against liberty and the pursuit of happiness

shit
tired of death ...man u izzzzz death

viva villa

==============================

The 46% first-quarter drop
set the stage for deep job cuts
announced by the lender this week.

By E. Scott Reckard, Times Staff Writer
May 6, 2006

Ameriquest Mortgage Co.'s decision
to close all 229 of its retail branches
and eliminate 3,800 jobs
follows a steep decline
in its lending volume
and attempts to find a buyer,
according to analysts
who follow the home-loan business.

The Orange-based lender said Friday
that it was not for sale.

But it has been squeezed hard
by rising interest rates
and bitter competition

. Ameriquest officials
said loan volume plunged 46%
to $2.6 billion in the first quarter
from $4.8 billion a year earlier.

What's more,
it spent last year
dealing with government investigations
of alleged predatory lending practices
at some of its branches.

In January, it settled
with 49 states by agreeing to pay
$325 million and reform its procedures
to protect consumers.

The reforms, including the hiring
of an outside firm to monitor compliance
with the agreement,
"adversely impacted the cost structure,
thus reducing retail branch profitability,"

Privately held Ameriquest
is a specialist in the so-called
subprime market for people with credit problems
or other issues that prevent them
from obtaining lower-cost loans.

Almost all its loans are
refinancings of existing debt.

With interest rates rising,
fewer people are looking to refinance
— triggering a wave of layoffs
in the industry and leading to predictions
that weaker lenders would be acquired or shut down.

Competitors such as Saxon Mortgage
in Glen Allen, Va.,
and ECC Capital Corp.
in Irvine have closed retail offices
to save money

Talk of an Ameriquest sale
surfaced in October,

At an industry conference that month,
representatives of two investment firms
had a "book" on Ameriquest
for potential buyers to review.

the company says " we're not for sale,
and haven't been for sale."

Ameriquest is a division
of ACC Capital Holdings Corp.,
which also owns Argent Mortgage Co.
and Town & Country Credit Corp.

ACC's founder and owner,
Roland E. Arnall,
removed himself from the company's management
last year to accept
a presidential appointment as U.S. ambassador
to the Netherlands.

His wife, Dawn Arnall, now serves as chairman.

There are concerns about Ameriquest's reputation
after the investigation by the states
and a drumbeat of negative news stories.

"I don't think it's going to happen unless it's a bargain basement price,"

"Who the heck wants to take on that image?
I think it's a poison name right now."

.

Complaints that Ameriquest employees
deceived borrowers about expensive loan terms
and falsified documents to get people
into mortgages they couldn't afford
were the topic of a series
of Times articles beginning
in February of last year.
That month, Ameriquest disclosed
it was under investigation
by a multistate task force.

According to National Mortgage News,
Ameriquest Mortgage
and its sister companies together
were the No. 1 subprime lender
in the first quarter of last year
, originating $24.4 billion in loans.
Irvine-based New Century Financial Corp.
was a distant second,
with $10.2 billion for the quarter.

By the end of the year, however,
Ameriquest's fortunes had declined.
In the fourth quarter,
Arnall's companies made $15 billion in loans,
while New Century originated $15.7 billion
and Wells Fargo & Co.'s subprime operations
lent $17.7 billion,
the trade publication reported.

The 3,800 job cuts announced Tuesday
, from a staff of 11,000 people
, did not include reductions
at Ameriquest Mortgage's biggest sister company,
Argent, which makes its loans
through independent brokers
rather than directly to consumers.

In addition to employees at Ameriquest's branches,
about 400 at the company's headquarters
were handed pink slips.

"Consumer behavior is really moving away
from customers walking into a retail business to purchase a mortgage face to face," he said.

Consumers' use of the so-called direct mortgage channel
— getting a loan via the phone and the Web
rather than from a broker or loan agent
— indeed appears to be growing,
though it is unclear exactly how much.

A Mortgage Bankers Assn. survey
showed that the direct channel
accounted for 8% of all subprime loans in 2001,
9% in 2002,
and 12% in 2003 before falling to 9% in 2004
and 7% in 2005,
an economist with the association.
Brinkman noted that the two-year
decline occurred as do-not-call
lists reduced the ability
of businesses to cold-call consumers.

fuck those new orleaners that rent

by pass em

for their slumlord's sake ....

==================================

"no assistance for the renters
who are slightly over half of the city"

so
go away or stay away
you black groupers
find another coral reef to foul
the big easy has
ole dixie theme park roles
only for the precious few
uncle bens
and aunt jullips among ya

suicide is no option
when your heart is pure

tending to
this blog exceeds my will.....

===========================================

more regularly

topic A

ameriquest

topic B

new orleans

so lets have a mutually assured minimal dwelling
plan

but why sub the slum lords

and helping renters

but lets own it for fuck sake

end this renters boo hoo horse shit
that is a pass thru to the slum suckers

midless blah bl;ah don't help

its a senseless tit twist

case in point ...

=================================

WELCOME TO Renter-World,
home to more than 34 million households.
Renter-World denizens, aka tenants,
comprise all ages.
Eighty percent
of all twentysomething households rent;
so do 4 million senior households.
Tenants come in all socioeconomic strata:
Twenty percent of renters
earn more than $60,000 a year;
another 20 percent earn less than $10,000.

Yet a myopic Uncle Sam barely sees Renter-World.

Instead, Uncle Sam focuses on Owner-World.
Owner-World captures the federal tax breaks:
The homeownership tax deductions
for mortgage interest and property taxes
top $100 billion a year
and are rising rapidly.

Owner-World also captures the federal attention:
For almost 100 years,
starting with a 1918 Department of Labor campaign
and continuing through Franklin Delano Roosevelt's New Deal
, Bill Clinton's National Homeownership Partnership,
and George Bush's Ownership Society,
the federal government has been promoting homeownership
. Today 69 percent of households own a home
-- an all-time high.

From Uncle Sam's vantage,
that statistic marks success.
Homeownership is the American ''dream,"
the crucial first step on a family's pathway
to the middle class.

A homeowner amasses equity,
so that one day he can own a piece of America.
That vested interest spurs involvement in schools,
in neighborhoods, in political life.

Just as important, the home gives the owner
a financial cushion.

Even if owners do not reap the windfall
of a superheated market,
the home can still be a hedge against inflation.

Indeed, we are a nation of immigrants
who have marked the exodus
with a series of papers:
green cards, citizenship, and mortgages.
The ''American dream" may be a three-bedroom Cape
on a tiny lot,
but immigrants have come here for that dream.

So Uncle Sam's myopia is understandable.
He expects renters to move on --
to become owners.
That is what they too expect.

Renter-World, however, is in trouble.

Even though we are building new rental units,
we are not adding to the net ''affordable"
(a euphemism for cheap) units.

That supply is shrinking.

Between 1993 and 2003,
we lost 2 million low-rent units
from the rental inventory.
At the same time,
rents are rising,
especially for newly constructed units.

Consider the plight of the lowest-income renters:
70 percent pay more than half their income for housing

The National Low Income Coalition
could not find one county
in the United States
where a minimum wage worker,
paying 30 percent of his or her income for housing,
could afford a one-bedroom apartment.

As for the government rent-subsidies
aimed at alleviating the hardship
of low-income tenants,
those too have shrunk.
The war on terror and the war in Iraq
have pushed them off the agenda.

Today parts of Renter-World constitute
a desperation sector of America.
Poor people, crammed into too-small apartments,
struggle to pay for food, rent,
transportation, and medical care.

To paraphrase Linda Loman,
lamenting the plight of her husband, Willy
in ''Death of a Salesman":
''Attention must be paid" to these renters.

The reason is pragmatic.

In the past, Renter-World has been
a gateway to Owner-World.
Low-income workers, renting for a few years,
have saved up enough for the downpayment on a house,
and, with scrimping,
have kept up with mortgage payments.

But today's renters cannot
so easily make that leap.

The Big Box shelver,
married to the fast food waitress,
may want the American dream.
They may have left family
thousands of miles away
to seize the dream.
But without some housing relief,
they will never leave Renter-World.

And the promise of America,
the dream for millions of Americans,
is to leave Renter-World.

That first mortgage --
often the first mortgage for a family --
constitutes step one
in the economic mobility we value.
High rents trap families,
anchoring them on the bottom rung
of the ladder that we want them to climb.

For the sake of the renters,
and of the nation as a whole,
Uncle Sam must pay attention
to Renter-World.

Nicolas P. Retsinas
is director of the Joint Center
for Housing Studies at Harvard University.

nope the experts
still aren't on to em

==================================================

The corps' first official findings
do not indicate whether
they resulted from defects
in design or construction,
the wall withstood less force
than it should have.

A 465-foot section of the 17th Street levee
was breached Aug. 29, flooding the Lake View section
of New Orleans.
Breaches occurred on two other major canals
in New Orleans;
the analysis of those failures is incomplete.

As the 17th Street Canal
filled up with water
from the surges that inundated Lake Pontchartrain,
the top of the wall on the canal
began to deflect or tilt
toward the neighborhood
and away from the canal,

The tilting of the concrete wall
opened a gap between the soil
and steel-sheet pilings
that had been sunk 17 feet
into the ground.
The water raced into the gap
and to the bottom of the sheet piling,
exerting heavy pressure
along the entire height

Despite those intense pressures,
the levee should have remained standing,
other storm walls in New Orleans
suffered similar deflection
during Katrina and did not fail.

But the soil was weak
in ways the corps did not anticipate.
The soil directly under the levee
was compacted and strong,
the result of the massive weight
of the levee and storm wall
sitting over the foundation for decades.

However, at the toe of the levee
in the backyards of residents
living near the storm wall,
it was comparatively weak.

As the water pushed
against the steel sheet piling,
it caused the entire foundation
of the levee to slide backward
toward the homes,

the gap also compromised
half the strength of the levee.
The gap negated any strength
that would have come from
the canal side of the levee.

At the 17th Street levee,
the failure did not occur
in a layer of organic peat,
as earlier surmised.

"blogging
gives people the opportunity
to live out the fantasy
that they are special
without actually having to put
in too much effort "

================================

one spirals up
while the other spirals down

but ivy league fatalism hasn't yet met

my eye openner

the big easy solution

a super fast down size

is the proper detroit Rx

========================

influx builds influx

skill out flux breeds
a drop in lot values
and the bustication of neoghborhoods
this 'll suck in
idlers
end zone
a sump of idlers

here's
that vunce cantab prof glaeser :

"Boston would be just another declining,
cold, manufacturing city
if it weren't for its preponderance
of human capital,"

"my studies suggest
the more skilled a city's population,
the more skilled it is becoming,
as entrepreneurs attract skilled workers
who in turn attract entrepreneurs"

"Americans are sorting themselves
through education and geography
more and more with each passing year. ..."

detroit is a cheap place to idle away in
with its birds of a feather
and a nice big cheap crumbling housing stock

my nero answer

burn it down

a controled burn of course

like burning under brush

and
a one timer
set your starters to hit all one very sad nite

not a series of minis

that gets too obvious

an artificial big burn
like the big ones
of the post civil war era

in the here after ...
a much down sized detroit
could
take on the bean town up spiral

begin a second career
as maybe an r&d
for post smoke stackery

from automotive
to
automative ????

sound like a boomer to ya ????

robo detroit

at any rate
a non academic technical
hubsteration

but ahh
i get ahead of myself here

rogue economist has a look at our "profession"...

=======================================

It is hard to think of many occupations
that garner less good will these days
than the real estate agent.

A great many of these agents and brokers,
more than 1.2 million
, belong to the National Association of Realtors,
which the Department of Justice
accused in a recent lawsuit
of behaving like a cross between
a cartel and a mafia,
hoarding access to home-sale databases
and harassing competitors
who dared to offer discounted commissions.

Even if you believe
all these terrible things
about real estate agents,
however, you should try to find in your heart
a bit of sympathy for them.
There are two reasons for this.

To examine the first reason,
ask this question:
Who has prospered during the recent real-estate boom?
Home sellers, to be sure,
along with developers,
mortgage brokers --
and also, you would assume,
your average real estate agent.

These agents have rung up millions of sales
while home prices have been doubling
and even tripling.
Since an agent's commission
is usually based on a fixed percentage
of the sale price -- typically 5 percent
or 6 percent,
of which about half goes
to the listing agent and half to the buyer's agent
-- agents' fees have climbed along with home prices,
even though they probably
don't have to work any harder
to sell an $800,000 house
than they do a $200,000 house.

A listing agent really only performs
four main functions:
setting the price of your home,
finding potential buyers,
prepping and showing the house,
and
handling the negotiations and contracts.

Just for fun,
let's put a value on each of these functions
. Setting a home's asking price
requires a few hours of work at most,
studying the house and comparable sales.

Showing the typical home might take
20 or 30 hours,
with negotiations and contract
s taking maybe four hours.

Attracting potential buyers
is of course the trickiest task --
which is why, as the Justice Department alleges,
realtors have tried to block access
to the databases.

But it's now easy
to find independent or discount agents
who will list your house
on the Multiple Listing Service
for about $750.

So in sum,
we are talking about perhaps
40 hours of work.
Let's be generous
and say that's worth $100 an hour.
Add another $750 to list the home.
That's a total of $4,750,
which makes the 6 percent commission
that you would pay on the sale of a $500,000 house
-- $15,000 each to your agent and the buyer's agent
-- look pretty steep.

It would seem obvious
that being an agent
during a real estate boom
is a great way to earn a good living.

As it turns out, however
, most agents don't make very much money
during a boom,
because of one simple fact:
the boom attracts way too many of them.
Over the past 10 years,
membership in the association
has risen more than 75 percent.

And why not?
Compared with most professions,
becoming a real estate agent
is quick, cheap,
and relatively painless.
In economics,
this phenomenon is known as free entry.

In a 2003 paper titled
''Can Free Entry Be Inefficient?"
Chang-Tai Hsieh and Enrico Moretti,
economists at the University of California
at Berkeley,
examined the income of real estate agents
in various markets under various conditions.

Relying on data
from the Census of Population and Housing
in 1980 and 1990,
Hsieh and Moretti compared home sales
in 282 metropolitan areas.
But their story can be told
using just a pair of cities:
Boston and Minneapolis,
which are similar in size and demographics -
- but quite different
in the price of their real estate.

In 1990, a typical house in Boston
cost roughly twice as much
as a typical house in Minneapolis
Since commission rates were fixed,
an agent would earn twice
as much selling a house in Boston.

But the Boston market
, with so much more commission money up for grabs,
attracted many more agents
than Minneapolis did --
even though it turned out
that more homes were being sold
in Minneapolis.

The result?
The typical Minneapolis agent
sold twice as many homes
(6.6 per year)
as the typical Boston agent (3.3 per year)
-- which left the Boston agent
, despite the higher prices
in her market,
no better off than her Minneapolis counterpart.
What should be a competitive marketplace
-- which would inevitably lead to lower prices --
is not,
since the price of the agents' service
is essentially fixed.

The association's own figures
show the same dynamic at work today,
nationwide.
From 2002 to 2004, during one
of the hottest real estate markets
in American history,
the median income for realtors actually fell --
to $49,300 from $52,200.

This is not to say
that some agents haven't become rich.
As in most sales professions,
whether the product is diamond rings
or crack cocaine,
the people at the top of the pyramid
make an awful lot more money
than those down below.
It's just that the base
of the real estate agent pyramid
grows significantly during a boom.

And because hungry new realtors
are discouraged from undercutting
their competitors by lowering their commission,
they compete instead by frantically trying
to obtain new listings.
This would explain why your mailbox
is jammed with postcards
from realtors exhorting you to sell.

------------------------------------------

The second reason to feel bad
for real estate agents is even more dire:
their very profession is about to join
the endangered-species list.

Think back for a moment to 1999.
Travel agents still roamed the earth
in vast numbers.
So did stockbrokers.
But their business models
were being blown apart,
largely by the Internet.

The new market for do-it-yourself
online securities trading
lowered fees so drastically
that a full-price stockbroker
could simply no longer earn a living.

Travel agents were shoved aside
once the Internet gave customers
the ability to book their own trips
-- and when, perhaps more damagingly,
the airlines decided to stop
paying the travel agents' commissions.

The Internet is a natural repository
for the sort of data
that drive the real estate market
. New sites like zillow.com
let anyone try to figure out
(if imperfectly)
what his home is worth;
sites like craigslist.org
allow buyers and sellers
to find each other easily.
As those services
and ones like them become more popular,
it is hard to imagine that the market
will allow realtors to maintain
their hefty commissions.

In addition to discount
and flat-fee brokers,
one likely successor
is the fee-for-service broker.

They charge
$750 to list a home
on the Multiple Listing Service,
$50 an hour for showing the home
and $250 for negotiations and closing.

"Do you want to go to the Caribbean?
Or would you rather give the money
to your real estate agent?"

Stephen J. Dubner and Steven D. Levitt
are the authors of ''Freakonomics:
A Rogue Economist Explores
the Hidden Side of Everything."

----------------------------
the science

"when the average price
of land in a city increases,

(1) the fraction
of real-estate brokers
in a city increases;

(2) the productivity
of an average real-estate agent
(houses sold per hour worked)
falls;

(3) the real wage
of a typical real-estate agent
remains unchanged.

qed

----------------------------------------------------

is starting to really
get on my nerves...

=================

"MUCH OF the discussion
of the planned rebuilding
of New Orleans
has been mired
in nostalgia
and unrealistic expectations"

don't hear him snarling
this
like oh i don't know

maybe
Capra's mister Potter

no our man here

he's more like zuzu's dad

so he'snot cross
he's well ... fed up and disgusted
and cynical and fed up again
with the dumb bell hoi blobs
out there in the lower case world

shit
he'd like to help em
but
the nimbociles don't see
the light
that floweth from his lamp

----------------------------
next we gotta hear him
croaking at

what he seems
amazed to find out
the rehab
is a SUPER DUPER Mr Potter type plan

and its
steam rolling right along

here's his
all points bulletin

" we are in danger
of doing a far worse job
rebuilding New Orleans
than rebuilding Baghdad"

---------------------------------------

so goes his moods
as his golden middle view
gets faduuzzled
by both shady sides of the reality street

here's him on

THE BRING NEW ORLEANS BACK REPORT

in fact on this
HE WRITES TARTLY AND WELL

"a blueprint
for a rebuilding process
that is both wasteful and unfair"

but then he scorns the hoi outcry

" they're not gonna bring her back ..."

nope
HE NOT ONLY
DON'T CARE TWO SHITS
ABOUT THE great DOWN SIZE

HE THINKS

".. this is the one thing
the commission got right"

HE goes on to SNIFF

" Our obligation is to people
not places"

THEN IN WORDS THAT BARELY HINT
AT THEIR HIDDEN GULLERY
AND THE MENACE HE
WILL INADVERTENTLY ENDORSE

HE COMMENTS FURTHER:

" many residents of New Orleans
would be better off with cash
or portable housing,
or education vouchers
than with tens of billions
of dollars of infrastructure spending"

TRUE ENOUGH
if that were a real option

but watch as
he turns into the typical
ivory tower boob:

".. the report requires neighborhoods
to develop plans to justify their reconstruction
but it doesn't elaborate on what criteria
will be used to judge these plans"

of course not you clown

its a bag job

no hash marks
cause everybody thats no body will lose

thats why
u don't sniff at
"nostalgia
and unrealistic expectations"
in the mass struggle
you mobilize what works

if that means y demand

" rebuild it
just like it was
for all of us "

thats the line pal
and u fight for it
not run around going

" correction correction"

like a fucking pain in the ass prig
the big boys can
simply
blow right off the table top
any time they need to

------------------------

he oughta have on a pinz-nez
and use a pointer
for the following

" The absence of clear
well-justified rules
based on cost-benefit analysis...
will inevitably lead
to claims of arbitrariness
and political decisions"

hear that superior ivy whine ??

it has both
truth smugness
and ultimate
dodo hood co habin' in it

imagine this
potter to glaeser :

" doc let me wise you up ...
"we"....
the they
up there above it all
the same we
that made this plan
we will do it our way
see
we will remake
your formerly mean
now by act of god
flooded streets ....just the way
we
intend to

and that calls for
a tower penthouse hatched
mystery process

we
do not intend
to be second guessed
by our own
final numbers

so .... we
ain't providing
any rules of scoring

so get this straight ..see
we
don't need
no stinking rules....see
this is our deal
we're
large and
so we're in charge see ....

blah blah blah

----------------

more glaeser :

" the report provides
no funds to those people
especially renters
who live in neighborhoods
that will not be rebuilt"

potter again:

jesus jerk off
thats our edge here
our built in pot of goodies

wake up
don't waste our time
calling us out

we offer profits
to ourselves
doc
profits

not square offers
to others
nor payments
nor
even promises
its a free fire zone
and may our dear lord jesus
take the hind most

----------------------

i'll drop potter here

and do on with the doc

" Much of this rebuilding
will be financed by federal dollars
and justified as disaster insurance
for the people of New Orleans
But federal disaster insurance
shouldn't just help those people
who live in the fortunate neighborhoods
that will be rebuilt"

oh ya sez who ???

" federal disaster insurance should ...."
stop right there nutcake

when ever is a 'should'
also an 'is '????

undaunted he proceeds

"....should provide funds
to help all the hurt people
in the best way possible ...."

here jimmy stewart here ?

" which may not mean
providing infrastructure"

hey pal providin infra structure
is what gets me a job

thats a capra hard hat talkin ...

" Residents who lived in areas
that won't be rebuilt are entitled...."

to absolutely nothing fuck head

thats me the baron at long last fed up ....

but i'll let him hang himself

soft ..we listen

"...entitled to
insurance payments
that are just as generous
as those going to the people
in areas that will receive
the benefits of federal
infrastructure spending"

'come fly with me
come fly away .....'

---------------------------

but now we come
to the real why ...

the why i'm doing this post
instead of hustling up
a few house deals
out there for
.....my ladies

---------------------------

prof:

"The largest line item
in the report is $12 billion
for buying housing in New Orleans
.... this money is to be used
along the lines suggested by the baker bill
( federal spending that could top $50 billion)

and what is that ??

" a poorly conceived scheme
involving buying and
rebuilding homes in the region"

you poor fool

crying out about this
fuck its like screaming

"stop this..
stop this madness
why why
they're beating on each other... "

at a boxing match

----------------------------------
so outraged at this biz as usual shit
he retraces its hallowed stages for us

" houses will first be bought"

right and not from
the ass hole original owner either
we skinned them long ago
nope bought by uncle from..uz specs

" then rehabilitated at federal expense"

yup its called
leverage ape brain

" then sold back
to the original residents
or potentially someone else"

with a heavy tilt toward
the latter eh wash out ???

okay okay okay
u say
but baron
why mock a fool ???

here's why

as mister fairness as this above sounds

watch him bar the way
to real " people first" solution

watch the baby tossed out with
the dirty water

watch his blow up
see
whats wrong here fundementally wrong
so far as the profs concerned
isn't this neo guilded age
private public hog slop

nope
tothis know it all
pompous shit slide ....

the lesson we need recall is

" Decades of public housing projects
.... have taught us
...the federal government
is not a good real estate developer"

and
since low density public housing
is indeed the answer here
in fact the only answer
if we are to see
a full restoration
of the old pre flood city
(plus a little discrete
"update 'n facelift ")

the harvard professor here
by claiming
the only way uncle can build
is worse then the worse private bad ....

blocks the avenue of justice

well that makes me ....

sorry
iwas about to repeat myself ...

------------------

but to show my point most clearly

he scolds the baker bill
for offering

" .. nothing to take care
of renters who predominated
in neighborhoods Katrina hit hardest"

" If this bill is passed
billions will be spent
on outlays that will create
only the slightest benefit
to those Katrina hurt most"

so his answer

at least pay the poor fucks for their loss

but don't rebuild their community

this from a ....jew probably a zionist

amazing

his kiss off lines:

"New Orleans will remain a great city
but that great city
can and should be much smaller
than it has been in the past"

Edward L. Glaeser
is a professor of economics
and director of the Rappaport Institute
for Greater Boston
at Harvard University's
Kennedy School of Government.

=================================================

sez
an analysis by Brown University

Of the 354,000 people who lived
in New Orleans neighborhoods
where the subsequent damage
was moderate to severe,
75 percent were black,
29 percent lived below the poverty line,
more than 10 percent were unemployed,
and more than half were renters,

black population will not return for several reasons:

their neighborhoods would not be rebuilt,

they would be unable to afford the relocation costs,

or

they would put down roots in other cities.

If the projections are realized,
the New Orleans population
will shrink to about 140,000
from its prehurricane level of 484,000,
and the city, nearly 70 percent black
before the storm,
will become majority white.

the Bring New Orleans Back Commission,
calls for a four-month building moratorium
in heavily damaged areas.

William H. Frey, a demographer
at the Brookings Institution
called Dr. Logan's projections
"a worst-case scenario
that will come about
only if these evacuees
see that they have no voice
in what is going on."

"If they didn't have enough resources
to get out before the storm,"
"how can we expect them to have
the wherewithal to return?"

amen

and
dear mister tipton.......

start cuttin my "mid-stream" checks

=============================================

talk about far from manhassat ...

how bout them butter heads

ain't they paintin
a plucky picture for uz all gals

musical question:

can 200 million peasant plot holders
lose it all
without a beautiful
myriad long
round of mini alamos

======================================

but like some smuck in a poe tale

this morbid hash up down there
won't let me go
its stuck under my floor boards
and beating so loud i could ..cry out

" i did it i did it "

================================

"carefully
crafted to preclude New Orleans
from ever again
becoming the more than two- thirds
Black city it was before Hurricane Katrina
breached the levees"

"Authored by Nagin
crony,
real estate development
mogul and George Bush fundraiser
Joseph Canizaro"

authored ...authored
try signed ladies

I ...your baron conceived and drafted the buggar

in my motel room
on a fucking shitty
chink fab-ed lap top
with my lovely
lite so fine
lollying at my hip

"the plan would impose
a four-month moratorium
on
building in devastated neighborhoods
like the lower Ninth Ward
and New Orleans East
During that
period,
the neighborhoods
would be required to come up with a plan
to show how they would become
"viable" by reaching
an undefined "critical mass"
of residents"

nice eh ????

and you think a bush donor could think that well

still room for hope ladies

i recall
gettin back a fight line
when I "axe-st" those delightfully
human nite - spooks
i ran into
talkin up the eisner-dixieland gig
by the blue comfort inn's
ice manger

my query TO THEM
as i scooped out
a bucket
of crusty cubes

at least in paraphrase

"so you is sayin
whitey is on
the dirty make here gents ???"

"shit ya
the man
wants slum clearance
and here
t'is
on the double cheap
curtesy of that
next day phoney dike brake

but maybe we catch em
tryin red handed
then watch us
we
gonna
fuckin sling blade
his ass foh him"

" better tell
your friends
my man
creatin'
a fait accompli
won't
go down dat simple
in the big and easy
tell im
u can count on consequences
serious consequence"

most folks are too passive
too impatient
and too intimidated
to ....either

sell it
or
buy it
all by them selves

======================================

Ms. Miller, 38, a former social worker
who favors fuzzy slippers,
and her cousin, Mary Clare Murphy, 51,
operate from their condo
what real estate professionals
believe to be the largest
for-sale-by-owner Web site
in the country".

"Their site,
FsboMadison.com
holds a nearly 20 percent share
of the Dane County market
for residential real estate listings"

scare calc:

nationalized
that share
would mean
12 billion dollars
out of our bosses' pockets

and notice
the crusader aspect:

u get a money prize
for "doin a kool thing"

ie

" by sticking it to the man
u
pocket 6 percent."

-----------------------
u can pass over this section

its pure self indulgence

cause ladies

you all to well know
a big broom iz poised
to sweep thru uz

led by

a troika of public spoil sports

" over active Justice Departments

big mouthed free-market scholars

and

that on all sides
serpentine menace
always among us

the poison spitting
plaintiffs' lawyers"

but whats new here
is who's pushing the broom since
dot communism
became a possum bility
ie
"countless "
outside -> in
looking
" entrepreneurs"

vowing to crash our party
and
make residential real estate
one more area
fit for competition ....

how???

how else

this is nearly
a pure time pay industry

bringing down sales commissions

how again ????

thats what gets us
back to the broom

"by forcing
the Realtors' association ..."

through the action of the troika

" to share control
of their listing services "

what angle of attack ?

again what else

" the existing realtor
listings system
as an unassailable
shared monopoly"

what
the listing system a racket.....!!!!

well that's as clear
as the nose
on your bosses face

right gals ???

but articles like this one
show
what we've all known
for years
is no longer
to be
the resignedly accepted

any more then

lot value raising

zoning regs

this reporter bastard
even
numbers the beasts tenticles
and
aggregates her pelf

there are:

" 800-plus
local listing services
controlled by local branches
of the Realtors' association.... "

"and they
produce about $60 billion a year
in commissions
to real estate agents
and the firms that employ them"

till now that is

see the challenge here
cloaked as dirty raw fact ????

as in we're like
a fop

taunting the bruts

"i defy u ruffians
to knock off my three corner hat..."

as in this needless pot sturring:

" Despite numerous attacks ...
the association
has been remarkably successful
at protecting its turf"

how ????

how else

byuse of
the three Ls
of all legalized rent
seeking :

by "lobby"

by "litigation"

and

by "legislation"

and since in our case ladies
this all hardens down
to one the stroming of but one fortress

ie
"the Realtors' group's
control
of the crucial listings systems "

QED

bust that open and .....

yup

com rates come a tumblin down ...

ps
i know its like a mantra by now
but this is a scare tale
that's evil alure
never fails to force me
to repeat it

------------------------------------

but back to

Ms. Miller and Ms. Murphy

"they built a separate and alternative listing service"

"The price comparison is startling...."

"their wed site listed about 2,000 homes in 2005
and about 72 percent
of its listings sold....."

" If those 1,440 houses
averaged $200,000 per sale,
the real estate commissions
under the 6 percent system
would have been about $17.3 million"

" Ms. Miller and Ms. Murphy
collected
about $300,000"

hey

"They don't care - they're not profit-driven"

and that's their gimmick

"lack of profit motive"

cuts ice with certain merit klassers with time on their hands

to "up"
the world of shameless commerce

unlike

" Most entrepreneurs"

"who
obviously
want to quickly grab a piece
of that $60 billion in commissions
by offering their services
for a price
lower
than what most real estate agents
charge
to attract consumers"

" Ms. Miller and Ms. Murphy,
are working patiently
and are focused on providing a place
for buyers and sellers to meet
and exchange information"

a golden rule
direct buyer to seller exchange

not a filthy brokered deal

and they know their gulls

like no charge at all

"For hardship cases
like
divorces "

they waive the $150 fee
at the first sign of a goo goo rational

ugh how self preening

but .......
effective

and this ...

" They steadfastly
refuse to accept
referral fees from real estate agents
lawyers or others"

well its obvious
my face
would never
reflect in their mirror

so how far can this get ......
my guess not a national 20%market share

more like 5%

ie
3 billion out the window...

tops ladies

thats all shameless noncom
sanctimony
can hack away
from us 'umble middle earthians

nope

its the cut price
cyborgian ravens
we really must fear

they will cut us in twain