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Odds 'n Sods:
RBS sent us this, from the Dr. Housing Bubble Blog: Southern
California Housing Numbers Exposed: The Bottom Falls out of the Housing Market,
Again. Pay particular
attention to the chart that shows the two year lag between sales drops and
price drops. Clearly, the worst is yet to come. I'm still predicting
a 50%+ drop in house prices in most California counties. The law of
supply and demand is inescapable.
o o o
Mark from Michigan alerted me to a great little article over at the SHTF Blog:
on constructing secret doors, with links to web pages by folks that have successfully
built
them:
Build
a a Hidden Door Bookcase for Your Secret Stash
o o o
The recent week
of rioting and arson in Denmark mirrors what has happened on a
larger scale in France for two successive years. Once again it was "urban
youths" doing
the rioting. Translation of this liberal press speak: Moslem immigrants, under
age 30. It
is noteworthy that the London Underground and bus line bombers were second
generation--actually born in England. So "enculturation" and "assimilation"
are not panaceas for Jihadi fervor. If only 1% of the immigrant "youths" turn
out to be Wahabist radicals, then eventually, inevitably, they will build a
terrorist infrastructure and strike with weapons of mass destruction. It may
be next year, or it may be decades from now, but it appears inevitable. It
would be prudent to prepare for this eventuality.
o o o
Several readers flagged this article: GAO
Chief (Comptroller General) David Walker Resigns. Eric's comment: "Now this is
concerning: Walker said: ' ...This is the first time in my life I've been concerned
about
my
financial future
being destroyed by events outside my control...' When the GAO chief starts
saying stuff like this, [it is definitely cause for concern]"." JWR's
comment: I do
admire a man that shows real conviction and speaks his mind. Did you see his
comment
about "the
Fall
of
Rome"?
It
seems
that
he
got
a bit emotional,
but
he
stopped
short
of
lapsing
into
Bill Murray's "Disaster of biblical proportions" speech from the
movie Ghostbusters.
