March 06, 2007

Spin, Hamster, Spin!


It must kinda suck to commute to your thankless job fifty miles each way in traffic, working six days a week, twelve hours a day, so that you can make enough after taxes to pay for your wildly overpriced new McMansion that is now rapidly depreciating in value and allure.

Spin, Hamster, Spin!

52 comments:

Anonymous said...

renters don't commute?

Anonymous said...

That hamster looks a little fat, must be a American Hamster.

Frank said...

Ahh but it's worth it to them - they get to show off their McMansion to all their friends and brag about their "ownership"

Anonymous said...

Just look at him, he's all sad looking - must be the debt. Or he found out Britney is the antichrist, has to be the later. Hope he doesn't shave his little hamster head.

Anonymous said...

Why did you put a Wal-Mart label on this post? Exurbs?

Anonymous said...

Hahahahahahahaha!!!!!!!!!!!!

What a bunch of "BITTER" bagholders!

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

Better drop your homes prices real fast before all your home equity (if you have any) just goes POOOOOOOOOOOOOOOOFFFFFFFFFFF!

hehehhehe

Aaron Krowne said...

Hot off the implode-o-meter: NovaStar securitization a wash; company loses money on offloading 95% of the $1.9bln bundle; retains the riskiest 5%.

Let's do the math, kids. 5% of $1.9bln is $95 mln. NovaStar's net income in 2005 was $132mln. Assume just 20% of impairments on that retained pool of nuclear waste, and you've got a $19mln hit to the bottom line, or 14% of 2005's take.

And of course, 2006 earnings could prove much worse, 2007 certainly will be, and the impairments to that nuclear waste pool could be even larger than 20% within a few years.

Anonymous said...

The thing is it's not just on the coasts. People also lied about there income in the midwest, the north the south, the southwest, the northeast etc...

Anonymous said...

Here's why I don't need a McMansion or a commute where I live:

no car needed
3 minute walk to the corner organic market and grocery store,
hospital down the street with helipad
huge department store also a 5 minute walk
able to work from home while living in a luxury apartment in a beautiful city with numerous:
public museums
pools
parks
gardens
bikepaths
breweries
cafes
events
English Pubs
professional people from all over the world
beautiful dirndl clad single women

Plus:
nude public parks
topless bathing for the ladies
enlightened attitudes about sex,
public drinking, lifestyles, etc.

excellent public safety for women
great city to raise a family in
numerous well-known companies and good job opportunities

excellent infrastructure:
great affordable subway and suburban rail with connections to the airport
close to the Alps and a 1/2 day drive to the Mediterranean

Great beer!


Nothing against owning a home and home owners who opt for that lifestyle but I chose to escape it when I saw the writing on the wall.

The Euro is strong and my income has surpassed what I made in the California when I was trying to afford a home.

I don't want to own a home out in the suburbs and have to maintain it just so I can nest?
I like using my time for more enjoyable things and appreciate not feeling like I have to slave away just to keep up the house payments, upkeep and taxes and I stay in shape by doing everything on foot instead of driving around to run errands.

Can you guess what city I moved to?

GK said...

Amsterdam

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

I rented and worked 70 hr weeks. Then I bought and worked 70 hr weeks. Then I sold and rented and guess what...yup 70 hr weeks.

Owning vs. renting has no bearing on what one's ours will be.

Anonymous said...

I enjoy driving. It gives me a chance to listen to music or a lecture on tape. Ironically, I work from home.

Anonymous said...

hamsterdamn? or maybe rottendamn?

VFRmonkey said...
This comment has been removed by a blog administrator.
Anonymous said...

when i come home after work i beat my wife and then i don't think about all my debt and sorry-ass problems.

Anonymous said...

DEL WEBB LOSES CONTRACTOR’S LICENSE IN ARIZONA ON THE BASIS OF CONSTRUCTION MALPRACTICE
NOW OPERATING IN VIOLATION OF STATE LAW AND COURT ORDER UNDER REVOKED ARIZONA LICENSE

Del Webb Home Construction, Inc., the prime contractor for Sun City Grand and other prominent Arizona developments, lost it’s Arizona contractor’s license Wednesday, February 28, 2007, when Judge Douglas Rayes, on an appeal by Del Webb from the Registrar of Contractor’s (the “ROC”) similar opinion, affirmed it’s revocation on the basis of a number of findings against it for construction malpractice. In it’s appeal to Judge Ryan, Del Webb had refused to make home construction repairs ordered by the ROC and had actually sued both the state and the complaining homeowners in the lower hearing to intimidate both from enforcing the judgment requiring Del Webb to obey the state law. The strategy failed miserably and the homeowners, who handled not only their own case but also prosecuted the state’s case from their own pocket, prevailed.



http://www.eckleylaw.com/Articles/Del-webb-loses-license.html

Anonymous said...

Nude public parks? Ewww.

Anonymous said...

I can tell most of you are lying when you say you got out in 2005. No you didn't. You were never in.

How can I tell? By the shit you write about owning a home. Slaving away 12 hr jobs. 50 mile commutes. Spending hours upon hours on errands and repairs and never going anywhere uhm "cool" like an English pub. Where do you get this from, seriously?

I hire people to do everything for me; maintain the pool, cut the grass, clean the home, etc. I don't waste my time with menial work like that. My commute door to door is 5.8 miles. On a bad day it takes me 20 minutes. Within 5 miles of my home there are probably 50 bars, restaurants and clubs. And gee willickers Mr. Erurotrash wannabe, guess what I have professional people from all over the world living next to me too...German neighbor on one side, Australian on the other. And GHASP, the German keeps saying how much he loves having a big yard, something he never had until he moved to to the US.

Get over yourself and your bullshit.

Mark in San Diego said...

Anon - your city might be Munich?? Close to the Alps but on the Euro not CHF, and 1/2 day drive to Med. . .but the tip off is great beer. . .

Yes, it is 2pm, here in sunny 80 degree San Diego today. . .just walked back from Balboa Park museums and great lunch at Prado. . .will walk to my Italian Deli to buy items for dinner tonight - and great $6.99 Italian wine. . .then watch sunset on my RENTED 16th floor deck at 5:45 - can see the crowded freeway in the distance with the hamsters returning home to Foreclosure Gulch (Temecula and other stucco suburbs) I owned for about 30 years (now age 55) and I have never felt so FREE. Just like when I was back in college. . .If our new place gets out of date or I just want something new, I move . . .one thing about illegal immigration here in SoCal is that Mexican movers are real cheap. I just had my car detailed for $78!! It cost twice that much in SF Bay Area where I used to live.

Anonymous said...

zurich?

munich?

bern?

basel?

vienna?

Anonymous said...
This comment has been removed by a blog administrator.
Anonymous said...

Left the large house in D.C. area a couple of years ago. Do not miss it. yes, i rent. Housing is a modest expense much likce clothes--not "an investment". Guys in my old hood cannot sell their houses--trapped. You get trapped by the stuff you own--even your investment. Now rent in lovely Sydney Aust. Walk to work and enjoy a lovely lifestyle. Do not own but so F%$* what? Its low stress, low cost (getting low crime, great schools and nice people) and its just awesome. Bye D.C. bye Rockville, bye 1 hour commute each way, bye sick twisted idea of "ownership". Now I own my time and I am free to come and go as I please. If I want to go work in Singapore next month--I can do it w.o. hassle. Not a wage slave to the mortgage man no mo.

Anonymous said...

"Can you guess what city I moved to?"

Toledo, Ohio?

Anonymous said...

Somewhere in Switzerland?

michael said...

"Can you guess what city I moved to? "

buffalo?

Anonymous said...

80 degree San Diego? Today at 2:00pm, err right whatever you say. San Diego's high today was 72. At 2:00 it was 69.

Man if you people are going to lie, at least make it a plausbible lie.

It's OK man, admit it. You live in Fresno and dream about one day leaving the trailer park for an ocean view condo in SD. It's all right, you are among friends.

dcydell@yohoo.com said...

Why does Anonymous keep posting and then replying to his post?

(if we have no idenities then our opinions are of no importance, just random thoughts typed by a......)

Anonymous said...

anaon March 06, 2007 9:58 PM wrote:

"I hire people to do everything for me; maintain the pool, cut the grass, clean the home, etc. I don't waste my time with menial work like that....Get over yourself and your bullshit."

Schizophrenia is a terrible disease.

Anonymous said...

hey Euro mystery city guy? What's your marginal tax rate on all those Euros?

I moved to Vienna in 2000. Great apartment, close to museums, great beer blah blah. First 6 months were great and I had a blast. Next 6 months were OK. But it was cold and the cafes that seemed so damn cool all of a sudden seemed pretentious, overpriced and with non-existsent service. Waiting for a bus wasn't that much fun in 10 degree weather. Museums get old after the 4th or 5th time. Skiing the Alps was not all it was cracked up to be. Give me Vail or Taos over Innsburck any day. I never thought I would say it, but I actually missed Los Angeles. I missed the American way of life, even with the traffic and smog and illegals and all the things I thought I wanted to leave behind.

After 2 years I came back home. Living in Europe was like summer camp, no matter how fun it is, eventually you can't wait to go back home.

I wish you all the best, just don't expect it to be sunshine and roses forever.

Mr. Eurotrash said...
This comment has been removed by a blog administrator.
Anonymous said...

Anonymous said...

anaon March 06, 2007 9:58 PM wrote:

"I hire people to do everything for me; maintain the pool, cut the grass, clean the home, etc. I don't waste my time with menial work like that....Get over yourself and your bullshit."

Schizophrenia is a terrible disease.

March 06, 2007 11:07 PM

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

Renter,

You know the millions of illegals you are so afraid of? They do things like clean pools, cut grass and clean houses. Well I guess in the trailer you don't see them too often so it's hard for you to fathom such wonders. Trust me on this one ok Cletus?

So go back to your letter writing campaign to STOP THE INVASION, I have to make sure Pedro picked up all the dog shit in the yard, last week he missed a few.

Mark in San Diego said...

Anon - 80 in San Diego. . .actually, it was 77 (check the daily calendar on wunderground.com) but I was up at the park - 2 miles inland, and the 77 was at Lindbergh Field on the bay!. . .if you know ANYTHING about California weather - we have MICROCLIMATES - that means it can be 5 to 10 degrees difference in a few miles. . .As for a trailor in Fresno - no, I used to live in an overpriced condo in Walnut Creek, sold it early last year, and moved to SD. The condo I sold for 500K now sells for 429K- my neighbors all told me I was lucky to get out.

Anonymous said...

Well the U.S. real marginal tax rate is 40% with masked inflation. Euro marginal rate depends on country. In spain and Itally you are looking at an effective 40% with more public goods--and better transit. So pay about the same in some places and pay more in others. However, you can live w.o. a car quite nicely and there are more free things to do. Oh, and Euor has appreciated 35% against dollear in last 4 years. So...No hurry to go "back home". Odd how many Americans just can't get their mind around the fact that people in other nations have a great life and that for many of us lving aborad is far more pleasant than living in the U.S.....Oh and I walk to work..and I only work 38 hours per week w 6 weeks paid vaction--nope not going back any time soooon......

Anonymous said...

A bunch of single or retired people have discovered the joys of renting an apartment. How revolutionary!!

Good luck raising kids in the apartment and sending them to the wonderful downtown schools. You'll change your tune about the big bad suburbs pretty fast, I know I did.

And you might also discover that not having neighors above, below and beside you can be rather nice too, I know I did.

David in JAX said...

Anonymous said...
I can tell most of you are lying when you say you got out in 2005. No you didn't. You were never in.

How can I tell? By the shit you write about owning a home…


Sold in April of 2006. No BS here. My house was seven miles from work and in a great location. Now I live seven miles from work and have a great location, but rent. It's all about the finances for me. I would never own or rent in a suburb, but I know a lot of people who own / rent in the burbs and love it. It's just a matter of choice. If you want a McMansion in the suburbs, you can rent one for pennies on the dollar right now. If you want a historic home near downtown, you can rent one for pennies on the dollar right now. Either way, getting out was the smart move if you bought after 2000.

jvazjr said...

"renters don't commute?"

DOH!!!! Good point. I know renters that commute to Corona because they can afford Orange COunty Irvine rent. Now THAT is the ultimate fucked situation. At least the mortgage owners dont have a home they love to come ohme to instead of the Mexican dude above you with the subwoofers or the white trash whore across that always is screaming at her kids.

Guadalupe-Hidalgo 1848 said...

Bitter Home-Debtors will need a little time to rationally confront the sad situation they've put themselves in.

While renters can come and go as they need, homedebtors will be trapped underwater for years to come.

breast whisperer said...

Sounds like downtown T.J.

TM said...

"renters don't commute?"

Only foolish ones (or those who work in crappy cities, admittedly).

"I hire people to do everything for me; maintain the pool, cut the grass, clean the home, etc. I don't waste my time with menial work like that."

That sounds expensive. Why is it a good thing, again?

"Get over yourself and your bullshit.'

Care for a tissue, mon ami?

Anonymous said...

@anon 11:58 PM:

"I have to make sure Pedro picked up all the dog shit in the yard, last week he missed a few."

...or left a few.

Anonymous said...

I gotta agree with the poster who said single family homes in a suburb are great for raising kids. Singles and retired folks love condo/apartment living. Let someone else shovel the snow, mow the lawn, pick up the doggy doo.

With the population of America aging
rapidly, what type of living arrangement is likely to be more popular in the future?

Anonymous said...

"Can you guess what city I moved to"

Tupelo, Mississippi

Signed,
The King

Anonymous said...


With the population of America aging
rapidly, what type of living arrangement is likely to be more popular in the future?


Aging of America? Not really when you consider the fastest growing popuation is hispanics and their average age is 10 years younger than whites. In case youhaven't heard they breed like rabbits. There is a chronic shortage of teachers right now in the country due to this explosion of kids and schools can't be built fast enough to accomodate the influx. And where do you suppose hispanic families with 3, 4, 5, 6 kids are going to live? In a downtown condo? I don't think so.

Just as old Mr and Mrs Smith need to sell the 4 bedroom house and move into a condo downtown, Juan and Margarita along with their 4 kids will be in the market for a 4 bedroom home.

And no, not every hispanic is a janitor making $4 an hour. They are the middle class and home ownership is very important to them. In California 5/5 top last names of home buyers in the state are hispanic. New Jersey, it's 3/5. Nevada 3/5. Arizona 2/5. Ilinois 2/5.

Sorry Minutemen, it's happening.
From coast to coast the demographics are changing rapidly and there's nothing you can do about it, no matter how many lawn chairs you put on the border.

Ironically enough what will happen is a reverse of white flight. Retired whites will be moving into the city and hispanics will be moving out to the 'burbs.

Anonymous said...

http://tinyurl.com/3yug9t

- 43% or of households carry credit card debt, or put another way, 57% of households have NO CREDIT CARD DEBT

- half of households that do carry cc debt owe less than $2,200.

- 7% of households carry more than $10,000 in credit card debt.

- 2% of households carry more than $20,000 in credit card debt.

Anonymous said...

> Only foolish ones (or those who work in crappy cities, admittedly).

Not every job is available on every street corner like yours and Keith's night shift at the 7-Eleven.

Anonymous said...

I know of many Europeans and Canadians who left their great living and "free" healthcare to live in America. I would bet there are more of those people who moved to America than Americans who moved to Europe or Canada. With 40% of Americans registered "enlightened" Democrats, I would have thought they would have all moved to France by now since they are always bitching about everything.

Anonymous said...

"Odd how many Americans just can't get their mind around the fact that people in other nations have a great life"

Thank you. There are Americans who never put their foot outside the country and have an opinion about living abroad. Then you have those who charge a 5 day European trip on credit card and think that they know all about Europe. There's also the brainwashed people who keeps yacking how the US is the greatest country in the entire world, while flying the flag high and the eagles are diving with the claws open around them...Bill O'Reilly's style. Really, if the US is so great, how come more than 40% of their citizens can't afford/don't have any health insurance? How come more than 1 million Americans fall into poverty every year, since the year 2000? (In the year two thousaaaaaaannnnnnnd...sorry, I couldn't resist Conan's sketch)

Plus, Americans don't have a social life like many other countries do. Most Americans just work, take 2 weeks vacation (when they take), eat junk, shop on credit, and watch TV. Not even sex the Americans have, hence all the freaks trying to meet underage girls online (as seen on TV). Is that a life?

I probably met hundreds of Americans living very happily abroad.

Anonymous said...

I know of many Europeans and Canadians who left their great living and "free" healthcare to live in America. I would bet there are more of those people who moved to America than Americans who moved to Europe or Canada.

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

In 2000 there were 678,000 Canadians in the US. There were 240,000 Americans in Canada. As a % of all Canadians, 2.3% lived in the US. As a % of all Americans 0.08% lived in Canada.

I wonder if life is so darn great in the Great White Socialist North, why all those Canucks left and why more Americans haven't gone the other way. Hmmm.

Anonymous said...

Anon 10:11,

Did you bump your head this morning or something?

1 million people a year in poverty since 2000? BWA HA HA HA!! Really, any statistics on this? We all know of course during 1992-2000 and St. Clinton, there was no poverty. The day St. Clinton came into office everyone was rich, rich, rich!! Then all of a sudden the day he left office, millions of people suddenly were homeless. How gullible and easily manipulated by the media are you? But what can I expect if you get your "news" from Conan? And I also suspect that if you're up at 1:00 watching TV chances are you don't have a job.

And I suppose nobody in France is in poverty either eh? How about the millions of unemployed Muslims, you know the ones that come out to riot every now and then? Or do they not count in your world?

And if you think only American sick fucks try to meet underaged girls, you obviously have no clue. The entire economy of Thailand is supported by European (mainly German) men who go over there to fuck 12 year olds.

40% don't have health care? I think you mean 40 million which out of 300 million is not the same thing. And as for the 40 million, take out 20 million illegals, take out people who are temporarily without insurance when switching jobs and the real number is more like 15 million or 5%.

Get your head out of your ass.