Posted by: The Tim

Tim Ellis is the founder of Seattle Bubble. His background in engineering and computer / internet technology, a fondness of data-based analysis of problems, and an addiction to spreadsheets all influence his perspective on the Seattle-area real estate market.

56 responses to “Weekly Open Thread (2014-07-21)”

  1. Blake

    He is indeed the worst socialist ever!
    … worst government money can buy.
    http://peureport.blogspot.com/2014/07/obamas-infrastructure-weekend.html
    -snip- President Obama said he would open public infrastructure projects to private investments in roads, bridges and ports.
    “The focus on private money for road projects marks a shift for the administration, which had previously resisted efforts to seek commercial resources for highways and other pieces of the country’s transportation system. The result may be more tolls for drivers as companies look to make profits by operating roads and bridges.”

    President Obama continues his Bush imitation on public infrastructure and energy exploration. Bush’s Transportation Secretary Tyler Duvall supported the move.
    “It’s exactly what these long-term investors have wanted for years.” Duvall cited access to credit, the demographics of the U.S. and a stable economy and legal environment.
    Long term investors are private equity firms. They love predictable government guaranteed revenue streams and government enforced franchises. Credit is cheap federal credit.”

    Obama followed this up by opening up the East Coast to offshore energy exploration…
    (crazy environmentalist too!!!

    Ironically, Obama went from announcements to meeting with high dollar donors, the kind that have billions on the sidelines ready to put to work.

    “The president traveled to New York City to headline fundraisers for the Democratic National Committee and the House Majority PAC, a super PAC supporting Democratic congressional candidates. The events were closed to media. Thirty supporters, who contributed $32,400 each, participated in the roundtable discussion at a private home for the Democratic National Committee, according to a DNC official.”

    … oh the “irony” of this leftist, socialist, radical environmentalist President!!
    (Bill Clinton has received over $100,000,000 in speaking fees from the big banks and corporations since he left office and it looks like the Big 0 is positioning himself to cash in as well!)

    Rate this comment: Thumb up 0

  2. pfft

    hmmmm.

    Elizabeth Warren Would Be the Most Liberal Democratic Nominee Since 1972
    http://fivethirtyeight.com/datalab/elizabeth-warren-would-be-the-most-liberal-democratic-nominee-since-1972/

    Rate this comment: Thumb up 0

  3. Blurtman

    RE: pfft @ 2 – ABH!

    Rate this comment: Thumb up 0

  4. Blake

    By pfft @ 2:

    hmmmm.

    Elizabeth Warren Would Be the Most Liberal Democratic Nominee Since 1972
    http://fivethirtyeight.com/datalab/elizabeth-warren-would-be-the-most-liberal-democratic-nominee-since-1972/

    She is not likely to run and if she did she would be destroyed by the Wall Street Democrats and their Corporate media cronies… but she would make the campaign much more interesting! As of now it will most likely be even worse than the 2012 campaign which set new lows for lack of issues and real debate… and new highs for campaign spending … related!?

    If voting could really change things it would be illegal… the fix is in.

    Rate this comment: Thumb up 0

  5. Blurtman

    RE: Blake @ 4 – If the Repubs run what appears to be a moderate candidate for Prez and a pseudo Hispanic as VP (i.e., must be white), they have a shot. The question is, can they? Hillary is even more polarizing than ever. If Warren in fact looked like she might win, she should rule out Dallas as a stop. Rubio has crazy eyes and suffers from uncontrollable polydipsia. Like Vetter, he likely has a “naughty baby” spanking fetish, which does not at all rule out a successful candidacy.

    Rate this comment: Thumb up 0

  6. pfft

    As an Obamabot was I supposed to post that. Can anyone weigh in on that.

    Rate this comment: Thumb up 0

  7. pfft

    By Blurtman @ 5:

    RE: Blake @ 4 – If the Repubs run what appears to be a moderate candidate for Prez and a pseudo Hispanic as VP (i.e., must be white), they have a shot. The question is, can they?

    no. no.

    Rate this comment: Thumb up 0

  8. Kary L. Krismer

    By Blurtman @ 5:

    RE: Blake @ 4 – Hillary is even more polarizing than ever.

    I don’t think that’s true. In comparison to Obama she is hardly polarizing at all. If she had been elected instead of Obama we almost certainly wouldn’t have the political gridlock that we have today.

    I don’t want her to run for the same reason I don’t want another Bush to run. And the last thing I would want would be her to run against a Bush.

    Rate this comment: Thumb up 0

  9. Blake

    By Kary L. Krismer @ 8:

    By Blurtman @ 5:
    RE: Blake @ 4 – Hillary is even more polarizing than ever.

    I don’t think that’s true. In comparison to Obama she is hardly polarizing at all. If she had been elected instead of Obama we almost certainly wouldn’t have the political gridlock that we have today.

    Couldn’t disagree with you more Kary… and this belies your hypothesis that Obama is the cause of the polarization. The Repuglicans HATE Hillary Clinton with a passion and still nurture the usual conspiracy theories about her they trot out for everything and everyone they think is “ruining America.” The Republican party is the cause of the polarization plain and simple… Obama appointed several REPUBILICANS to key national security posts and his whole economic team has been Wall Street Democrats! Yet HE is supposedly way out there on the left and must be stopped suing all means necessary!?? Just a year ago that lefty wacko Obama chose Wall Mart’s biggest booster to be his chief economic advisor! http://www.alternet.org/economy/jason-furman-obama-and-walmart

    No Kary… the Repulicans are a party out of control and they have obstructed almost everything they could using filibusters and anything… worst Congress EVER! That’s a fact.

    Rate this comment: Thumb up 0

  10. Kary L. Krismer

    IMHO, Hillary could deal with Congress. It’s called being a leader, a trait which is wholly lacking in Obama (along with many other traits). Bill dealt with a difficult Congress and having lived in the White House through that experience would help her greatly, even if Bill never offered her any advice at all.

    Rate this comment: Thumb up 0

  11. Kary L. Krismer
  12. Blake

    By Kary L. Krismer @ 10:

    IMHO, Hillary could deal with Congress.

    John Boehner can’t deal with THIS Congress…
    For you to imply that Hillary Clinton wouldn’t be seen as a polarizing leader makes me wonder where you’ve been the last 20+ years… or what you’ve been smoking!? ;-)

    Rate this comment: Thumb up 0

  13. Kary L. Krismer

    RE: Blake @ 12 – Obama has turned off a lot of Democrats. His condescending preaching personality does that to people.

    And btw, a filibuster is nothing new, and the number of filibusters is determined by the party in power, not the party out of power. They can keep pushing bills through repeatedly that they know have no chance at all of passing. They do that for political purposes, and Obama has done nothing but encourage that by himself proposing things which he knows are non-starters.

    Rate this comment: Thumb up 0

  14. Blurtman

    RE: Blake @ 9 – C’mon, they offed Foster and got away with it.

    Where the @^%$& is that special counsel?

    Rate this comment: Thumb up 0

  15. pfft

    By Kary L. Krismer @ 8:

    By Blurtman @ 5:
    RE: Blake @ 4 – Hillary is even more polarizing than ever.

    I don’t think that’s true. In comparison to Obama she is hardly polarizing at all. If she had been elected instead of Obama we almost certainly wouldn’t have the political gridlock that we have today.

    right because the Clintons are treated so well by Republicans. Do you remember her #benghazi testimony?

    Rate this comment: Thumb up 0

  16. pfft

    By Kary L. Krismer @ 10:

    IMHO, Hillary could deal with Congress. It’s called being a leader, a trait which is wholly lacking in Obama (along with many other traits). Bill dealt with a difficult Congress and having lived in the White House through that experience would help her greatly, even if Bill never offered her any advice at all.

    lol.

    Rate this comment: Thumb up 0

  17. pfft

    By Kary L. Krismer @ 13:

    RE: Blake @ 12 – Obama has turned off a lot of Democrats. His condescending preaching personality does that to people.

    And btw, a filibuster is nothing new, and the number of filibusters is determined by the party in power, not the party out of power. They can keep pushing bills through repeatedly that they know have no chance at all of passing. They do that for political purposes, and Obama has done nothing but encourage that by himself proposing things which he knows are non-starters.

    oh my god.

    Rate this comment: Thumb up 0

  18. Kary L. Krismer

    pfft, we know you have nothing useful to say, and no original thoughts. No need to prove it in three successive posts. No need to post what you consider “thoughts” at all for that matter. They don’t really qualify.

    But yes, even with her “what difference does it make” acting to deflect blame, Hillary is not that polarizing compared to Obama.

    Rate this comment: Thumb up 0

  19. Blurtman

    By Kary L. Krismer @ 18:

    Hillary is not that polarizing compared to Obama.

    Strongly disagree.

    Rate this comment: Thumb up 0

  20. pfft

    By Kary L. Krismer @ 18:

    pfft, we know you have nothing useful to say, and no original thoughts. No need to prove it in three successive posts. No need to post what you consider “thoughts” at all for that matter. They don’t really qualify.

    But yes, even with her “what difference does it make” acting to deflect blame, Hillary is not that polarizing compared to Obama.

    kary do you know that many bills that went to the Senate had a majority supporting it but because of the filibuster it didn’t get through? ordinarily you need a majority in the Senate but now you need 60 votes so you can block what has become an automatic Republican filibuster.

    Blaming Obama for partisanship is akin to blaming Republicans for Obamacare. After all they didn’t have the leadership to get him to repeal it. As someone pointed out Boehner can barely lead his own party in the House, how is Obama supposed to?

    Rate this comment: Thumb up 0

  21. Kary L. Krismer

    By pfft @ 20:

    kary do you know that many bills that went to the Senate had a majority supporting it but because of the filibuster it didn’t get through? ordinarily you need a majority in the Senate but now you need 60 votes so you can block what has become an automatic Republican filibuster.

    Not sure what your definition of “ordinarily” is? Does that mean something in effect before the Civil War?

    http://en.wikipedia.org/wiki/Filibuster_in_the_United_States_Senate

    And Obama doesn’t need to lead the Republican party. He just needs to quit being a huge ____ so that a few of them will agree to what he wants to do.

    Rate this comment: Thumb up 0

  22. pfft

    By Kary L. Krismer @ 21:

    By pfft @ 20:
    kary do you know that many bills that went to the Senate had a majority supporting it but because of the filibuster it didn’t get through? ordinarily you need a majority in the Senate but now you need 60 votes so you can block what has become an automatic Republican filibuster.

    Not sure what your definition of “ordinarily” is? Does that mean something in effect before the Civil War?

    http://en.wikipedia.org/wiki/Filibuster_in_the_United_States_Senate

    And Obama doesn’t need to lead the Republican party. He just needs to quit being a huge ____ so that a few of them will agree to what he wants to do.

    “Not sure what your definition of “ordinarily” is?”

    it means that usually we haven’t seen these levels of obstruction ever. Democrats could obstructed Bush. Hell a lot of them voted for the Iraq War. I am not sure but I think there were enough Democrats to filibuster the Iraq vote.

    fyi- the nature of the filibuster has changed and never has absolutely everything been filibustered. that’s never happened before.

    “And Obama doesn’t need to lead the Republican party. He just needs to quit being a huge ____ so that a few of them will agree to what he wants to do.”

    if they cooperate with him they lose their job. have you watched this primary season? they vote against stuff they’ve supported in the past like infrastructure solely because the president is for it. they were against Obamacare even though it’s a republican plan. they were against stimulus even though they supported it under Bush. many who voted against even shamelessly wrote letters begging for stimulus money. If Boehner can’t lead the Republicans Obama sure can’t.

    Rate this comment: Thumb up 0

  23. Kary L. Krismer

    RE: pfft @ 22 – You seem to be having a problem understanding, so I will make it simple.

    The number or filibusters is just the flip side of the number of votes to repeal Obamacare. The Democrats control the former, by controlling the items they bring for a vote, and the Republicans control the latter, by controlling the items they bring for a vote. It’s just politics. Neither side is really trying to get anything done by proposing legislation they know in advance will never be enacted. It’s just political theater. Republicans like the Obamacare votes and Obamabots like to point to the filibusters.

    Obama has managed to make what was hyper-partisan environment in DC even worse, and that is why you see more of that type of thing now.

    Rate this comment: Thumb up 0

  24. Blurtman

    One Eye Man,

    “You can score another blockbuster approval for Gilead ($GILD). The big biotech said today that the FDA has approved its PI3k inhibitor idelalisib for three types of B-cell blood cancers following its early Phase III success last fall on impressive leukemia data. EvaluatePharma analysts estimate this drug could earn $1.2 billion a year by 2020, making it one of the top therapies in late-stage development.’

    http://www.fiercebiotech.com/story/gilead-picks-blockbuster-fda-blood-cancer-approvals-idelalisib/2014-07-23?utm_medium=nl&utm_source=internal

    Rate this comment: Thumb up 0

  25. One Eyed Man

    RE: Blurtman @ 24

    Thanks Blurt. I bought some Gilead at $73 last winter along with some Celgene to partially diversify out of a position in Biogen that I’d held for about 10 years and as you probably know did very well on.

    A few days ago, you said something along the lines of that you thought the French lived better than we do. Were you being serious because I wasn’t entirely sure you weren’t being sarcastic? If you were serious, was your comment based upon the economic position of the French middle class, or something else, like anecdotal evidence based upon the life styles of the people you’ve associated with there. I’d always heard even from conservative republicans that Paris was perhaps the most beautiful city in the world, but houses in French cities were old, expensive and small, and food was very good but commonly expensive. In general, I’d been lead to believe that middle class life was more or less comparable but perhaps slightly better here for the pursuit of our cliché material life style, although the French got far more vacation.

    My family and many of my friends have been there (some spent long periods, up to a couple of years there), but I have no personal knowledge of life there. At the risk of once again exposing my naivete if not bald faced ignorance, with the exception of Hawaii, I’ve never been out of North America. (My only defense is that there are still places I want to see within a couple of hundred miles of my house, and as the Moody Blues said “thinking is the best way to travel.”)

    Rate this comment: Thumb up 0

  26. Blurtman

    RE: One Eyed Man @ 25 – OEM, yes, I was serious when I observed that it seemed like life in France was better than life in the USA. As with all large cities, I am sure if I had been to Paris I would have seen poor areas and poor people. Chicago for example, has some really grisly areas. Perhaps Paris does as well.

    Where I was, large and small towns in the Savoie, life seemed good. The USA, in general, is the great commoditizer where it seems that profit is to be had by wringing out the art resident in processes. For example, the average nothing fancy restaurant in France offers a much more pleasurable dining experience than its equivalent in the USA. More care is taken. Perhaps because everybody is getting a decent wage there, relatively speaking. No tipping. Perhaps folks may not be that worried about healthcare insurance or the cost of higher education, I don’t know. It just seemed that people expected much more good things, and artful good things than in the USA. Bread, for example, is not just some sliced generic stuff you buy in a supermarche. Wine is great and inexpensive. It is not a luxury item but a staple.

    In my first exposure to Europe a few decades ago, I chatted with fellow businessmen bar mates at a local hotel about why the social safety net, healthcare, education, etc. was in place in Europe. The universal answer was that people had fought and died for it.

    Rate this comment: Thumb up 0

  27. DrRick

    There is increasing dis content with federal.gov and the city states are pushing back. 3 weeks ago Los Angeles decided to no longer assist U.S. Border Patrol in detaining non adjudicated “non documented” immigrants. I think this is another example of civic Pre emption of recently historic federal power. YMMV.

    snip…”Historically, when movement stalls in the nation’s capital, states fill the vacuum. Justice Louis Brandeis described states as laboratories of democracy in 1932, seeing them as vehicles for progressive experimentation. States can still serve that role, as Washington has shown in environmental regulation, the minimum wage and pre-Obamacare health care reform. Gov. Jay Inslee wants to build on the tradition.” …unsnip

    Read more here: http://www.thenewstribune.com/2014/07/23/3298276/blue-cities-like-seattle-at-the.html#storylink=cpy

    To keep this in keeping with being on topic, this could seriously affect Seattle housing prices, but I have no idea how.

    Fel Temp Reparatio baby, Fel Temp

    Rate this comment: Thumb up 0

  28. Blurtman

    Oh, give me a home where the buffalo roam,
    Where the deer and the antelope play,
    Where seldom is heard a discouraging word
    And the sky is not clouded all day.

    Lessons for Other States from Kansas’ Massive Tax Cuts

    “Tax cuts enacted in Kansas in 2012 were among the largest ever enacted by any state, and have since been held up by tax-cut proponents in other states as a model worth replicating. In truth, Kansas is a cautionary tale, not a model. As other states recover from the recent recession and turn toward the future, Kansas’ huge tax cuts have left that state’s schools and other public services stuck in the recession, and declining further — a serious threat to the state’s long-term economic vitality. Meanwhile, promises of immediate economic improvement have utterly failed to materialize.”

    http://www.cbpp.org/cms/index.cfm?fa=view&id=4110

    Rate this comment: Thumb up 0

  29. softwarengineer

    RE: DrRick @ 27

    More California Overpopulation Taxes Always Affects the Worker Bee Real Estate Prices, Assuming the Middle Class Get Taxed Hiked Too….

    Not much effect on the jobless rich elite buying high priced LA real estate, they don’t care.

    I think this Central American kid dump on America was orchestrated by both Democrats and Republicans seeking amnesty for IAs. Then like a bad firework, it blew up in their faces…..little did these open border pundits realize the whole amnesty fiasco was not only serious child abuse/neglect; but worker bee legal Americans are sick and tired of paying scarce federal deficit funds on smuggled foreigners into America. They’re talking $6000/mo per kid for the Americans to be their nanny. Hey, $1000 and a bag lunch can fly ‘em all back to their motherlands to their Central American derelict parents [let 'em eat the $7000 they paid the Mexican Coyotes to smuggle 'em in....LOL]

    Rate this comment: Thumb up 0

  30. Kary L. Krismer

    Immigration reform is screwed up because Republicans label as amnesty anything that doesn’t require millions of people to leave the country. Not going to happen. And it also happens to be an area where Democrats are not happy with Obama because he hasn’t made it a priority or really spent any effort at all to get something done on immigration. Hardly the first time though a candidate has not followed through on a campaign promise, but that was one on a rather important topic (far more important than Afghanistan).

    Immigration reform is a critical need for the country, but the Ds and Rs are busying fighting over other things that will never become law so that they can posture for votes and satisfy their respective bases. And the courts have held that the states can’t do anything to enforce the existing laws. All three branches of government are letting us down by preserving a status quo which everyone agrees is unacceptable.

    Rate this comment: Thumb up 0

  31. Kary L. Krismer

    This case shows why it’s probably better to move than to have a landlord be forced to go to court to remove you. Here the tenants had a year lease, but a new owner wrongfully wanted them to sign a new month to month and then brought an unlawful detainer action when they refused. The case settled, but the tenants later had trouble finding someone to rent to them!

    http://www.courts.wa.gov/opinions/pdf/880361.pdf

    Rate this comment: Thumb up 0

  32. pfft

    Kinda hard to come up with a plan when Obama stole your plan right?

    Boehner: GOP ‘Not There Yet’ On A Plan To Replace Obamacare
    http://talkingpointsmemo.com/livewire/boehner-gop-not-there-yet-replace-obamacare

    Their problem is their plan will be Obamacare-lite but not in a good way.

    Rate this comment: Thumb up 0

  33. pfft

    By Kary L. Krismer @ 30:

    Immigration reform is screwed up because Republicans label as amnesty anything that doesn’t require millions of people to leave the country. Not going to happen. And it also happens to be an area where Democrats are not happy with Obama because he hasn’t made it a priority or really spent any effort at all to get something done on immigration. Hardly the first time though a candidate has not followed through on a campaign promise, but that was one on a rather important topic (far more important than Afghanistan).

    Immigration reform is a critical need for the country, but the Ds and Rs are busying fighting over other things that will never become law so that they can posture for votes and satisfy their respective bases. And the courts have held that the states can’t do anything to enforce the existing laws. All three branches of government are letting us down by preserving a status quo which everyone agrees is unacceptable.

    you are wrong kary. Dems and Obama absolutely want immigration reform but Republicans just won’t let it pass. It won’t pass the Republican controlled House. Boehner even joked that Republicans were whining that they didn’t want to have to vote on it.

    Rate this comment: Thumb up 0

  34. pfft

    By Blake @ 1:

    He is indeed the worst socialist ever!
    … worst government money can buy.
    http://peureport.blogspot.com/2014/07/obamas-infrastructure-weekend.html
    -snip- President Obama said he would open public infrastructure projects to private investments in roads, bridges and ports.
    “The focus on private money for road projects marks a shift for the administration, which had previously resisted efforts to seek commercial resources for highways and other pieces of the country’s transportation system. The result may be more tolls for drivers as companies look to make profits by operating roads and bridges.”

    President Obama continues his Bush imitation on public infrastructure and energy exploration. Bush’s Transportation Secretary Tyler Duvall supported the move.
    “It’s exactly what these long-term investors have wanted for years.” Duvall cited access to credit, the demographics of the U.S. and a stable economy and legal environment.
    Long term investors are private equity firms. They love predictable government guaranteed revenue streams and government enforced franchises. Credit is cheap federal credit.”

    Obama followed this up by opening up the East Coast to offshore energy exploration…
    (crazy environmentalist too!!!

    Ironically, Obama went from announcements to meeting with high dollar donors, the kind that have billions on the sidelines ready to put to work.

    “The president traveled to New York City to headline fundraisers for the Democratic National Committee and the House Majority PAC, a super PAC supporting Democratic congressional candidates. The events were closed to media. Thirty supporters, who contributed $32,400 each, participated in the roundtable discussion at a private home for the Democratic National Committee, according to a DNC official.”

    … oh the “irony” of this leftist, socialist, radical environmentalist President!!
    (Bill Clinton has received over $100,000,000 in speaking fees from the big banks and corporations since he left office and it looks like the Big 0 is positioning himself to cash in as well!)

    As a supposed Obamabot I can’t say I agree with all of this but it’s pretty clear that Obama has said many times he has an all of the above strategy on energy. if you were paying attention.

    Since I sort of disasgree with Obama on this can we get an Obamabot ruling from kary or blurtman? maybe SB in general would like to weigh in?

    Rate this comment: Thumb up 0

  35. pfft

    States That Raised Minimum Wage See Faster Job Growth, Report Says
    http://www.npr.org/blogs/thetwo-way/2014/07/19/332879409/states-that-raised-minimum-wage-see-faster-job-growth-report-says

    Funny how regular people having more money is good for the economy huh?

    Rate this comment: Thumb up 0

  36. Kary L. Krismer

    By pfft @ 35:

    States That Raised Minimum Wage See Faster Job Growth, Report Says
    http://www.npr.org/blogs/thetwo-way/2014/07/19/332879409/states-that-raised-minimum-wage-see-faster-job-growth-report-says

    Funny how regular people having more money is good for the economy huh?

    Look up the words “correlation” and “causation” and then come back here when you know something (and when you remember what you’ve read). If there is causation it’s exactly the opposite of what you think. A better economy is likely to result in higher minimum wage legislation. Look at the cities which have passed minimum wage laws.

    Rate this comment: Thumb up 0

  37. wreckingbull

    RE: Kary L. Krismer @ 11 – Yes, thank you Kary. Unfortunately I don’t feel much better that I am in the company of 6000 other poor saps who are getting screwed.

    The scary part is that we learned in these hearings that not only is there a software problem, but also a data corruption problem. We also learned that only 3 other states operate like us – where the exchange collects payments, then forwards to all the different insurance companies. Premera apparently begged them to not do this, but they wanted to do it so they could run statistics and report on how wonderful Obamacare is.

    Even if I could remain patient and call these ‘growing pains’ what has really struck me is the abusive, belligerent public servants that man the phones at the exchange. You can sense morale is very low.

    Rate this comment: Thumb up 0

  38. softwarengineer

    RE: pfft @ 33

    There’s One Main Immigration Law On the Books

    Both Republicans and Democrats hold a cross to, like fending off a vampire. Immedaie E-verify in the workplace for all jobs. Just implement this simple law requirement and all the IAs will self-deport immediately. The Social Security Number identity fraud would end too.

    Rate this comment: Thumb up 0

  39. softwarengineer

    RE: pfft @ 35

    I Agree With You PFFT

    Ford saw thw same thing in 1920, raise the factory labor wage and ya sell more Fords.

    I don’t see implementing your Democrat [Republican too] amnesty as a way to generally raise wages, historically wages have plummetted with recent IAs competing for scarce jobs [I imagine $15/hr minimum wage would really escalate cheating companies hiring lower wages "under the table", like Seattle housing construction during the boom]. That’s the overpopulation dilemma that India saw too, at a much grander scale though.

    Rate this comment: Thumb up 0

  40. Kary L. Krismer

    By softwarengineer @ 39:

    RE: pfft @ 35 – Ford saw thw same thing in 1920, raise the factory labor wage and ya sell more Fords.

    I’d like to see that researched, because I suspect it’s urban myth. The technological advances were more likely responsible for any improvements in the economy back then, sort of like how computer technology improved the economy in the late 20th Century. And he probably needed to pay more to get qualified employees that were capable of doing what at the time were complicated tasks. This piece would suggest that, but that’s the extent of my research.

    http://www.forbes.com/sites/timworstall/2012/03/04/the-story-of-henry-fords-5-a-day-wages-its-not-what-you-think/

    That article does have a good hypothetical example though–Boeing paying enough for its workers to be able to afford it’s products. Sort of like a $500 an hour minimum wage.

    Rate this comment: Thumb up 0

  41. Kary L. Krismer

    Anyone have any idea why Zillow would want to buy Trulia, other than to reduce competition? I just don’t see what they’d be getting with that purchase.

    Rate this comment: Thumb up 0

  42. wreckingbull

    RE: Kary L. Krismer @ 36 – I agree that pfft has it backward, as usual, but I did find Robert Reich’s recent documentary to be pretty good.

    http://inequalityforall.com/

    While arbitrarily increasing the minimum wage is not the answer, we are in a world of hurt if we don’t address some of these problems. I don’t know how far it can be pushed before the pitchforks and torches come out, and I don’t want to find out, either.

    Rate this comment: Thumb up 0

  43. pfft

    By Kary L. Krismer @ 36:

    By pfft @ 35:
    States That Raised Minimum Wage See Faster Job Growth, Report Says
    http://www.npr.org/blogs/thetwo-way/2014/07/19/332879409/states-that-raised-minimum-wage-see-faster-job-growth-report-says

    Funny how regular people having more money is good for the economy huh?

    Look up the words “correlation” and “causation” and then come back here when you know something

    I don’t have to kary. I’ve read enough studies to know this. Most past studies show raising the min wage has little effect on the economy.

    we know though that if this study went the other way people wouldn’t be raising that argument.

    “A better economy is likely to result in higher minimum wage legislation.”

    if you look at some of those states though there is no way they have good economies because they would have already been strangled by high taxes and other liberal policies…

    Lot’s of people I bet don’t know this but Vermont is instituting single payer.

    Rate this comment: Thumb up 0

  44. pfft

    By softwarengineer @ 38:

    RE: pfft @ 33

    There’s One Main Immigration Law On the Books

    Both Republicans and Democrats hold a cross to, like fending off a vampire. Immedaie E-verify in the workplace for all jobs. Just implement this simple law requirement and all the IAs will self-deport immediately. The Social Security Number identity fraud would end too.

    I tend to go the other way. The big government regulation of a border fence and so on should just go away. let just about everyone who wants to come here to work have a visa(within reason of course). why are there so many regulations on who can work here? if we had the same for the number of cars that could be imported people would think differently. just give everyone a work visa. I bet a lot of people would make a long commute by car or plane over the border and have an apartment here and keep a home back home. if a father or mother has to avoid getting deported they may cross once and bring their family whole family. crossing is also expensive. if they can come and go as they please on a work visa there is less a chance they will permanently move here.

    Rate this comment: Thumb up 0

  45. softwarengineer

    California Needs More Population Growth?

    “..The NASA and University of California research used monthly gravity data to measure changes in water mass in the basin from December 2004 to November of last year, and used that data to track groundwater depletion.

    “Combined with declining snowpack and population growth, this will likely threaten the long-term ability of the basin to meet its water-allocation commitments to the seven basin states and to Mexico, Jay Famiglietti, senior author on the study and senior water-cycle specialist at NASA’s Jet Propulsion Laboratory, said in a statement….”

    http://news.yahoo.com/satellites-show-major-southwest-groundwater-105431089.html

    Even this MSM artcle glosses over this horrification IMO. “likely threaten….long-term ability”?
    How about threatens short-term Summer supplies and the citris farm trees are dying too per NPR.

    “…”If we don’t get any water, by July or August our trees are going to start dying,” she says.
    Collins is just one of almost 4,000 citrus farmers in California — a $2-billion-a-year industry. Her story isn’t unique. The recent rains are the only thing keeping her grove alive right now, but the rainy season is ending….”

    http://www.npr.org/blogs/thesalt/2014/04/22/303726931/fields-and-farm-jobs-dry-up-with-californias-worsening-drought

    What are our useless Democrat and Republicans and MSM doing about this American catastrophe. Nothing, just lying about it, apparently.

    .

    Rate this comment: Thumb up 0

  46. softwarengineer

    Hey….On a Lighter Note

    Motley Crue’s Last Concert Tour With Alice Cooper

    Are playing the White River Amphi-theater Sunday….I believe there’s still seats available, I got mine a couple days ago.

    Rock on! [I love the fact that the muscle cars from Dodge engineering are sponserring the concert....LOL]

    Rate this comment: Thumb up 0

  47. softwarengineer

    RE: pfft @ 44

    Yep PFFT

    I’m still an old fashion Earthday Democrat [albeit Congressman Barbara Jordan, African American Democrat, headed the immigration committee and thinks just like SWE]….too bad she died in 1996….then the Clintons went head over heals for WTO and left the environment for more important things to them apparently….$$$$$

    http://en.wikipedia.org/wiki/Barbara_Jordan

    The Democrats left me PFFT, I didn’t leave them.

    Rate this comment: Thumb up 0

  48. Kary L. Krismer

    RE: pfft @ 43 – Studies and politicians.

    What are two things that lie which pfft believes?

    Rate this comment: Thumb up 0

  49. Kary L. Krismer

    They’re apparently cracking down on some mortgage modification people:

    http://nwsidebar.wsba.org/2014/07/25/ag-loan-mods/

    Rate this comment: Thumb up 0

  50. Blurtman

    Devolution, illustrated.

    222 214th Street SE, Sammamish, WA

    Wonderful estate property with sprawling custom main house and private 1 bedroom guest house. Ideal location in the center of the Plateau, with level land and territorial views to the south.
    Views

    Facts
    Lot: 4.84 acres
    Single Family
    Built in 1975
    Heating: Forced air
    Last sold: Jul 2012 for $1,914,000
    Price/sqft: $693

    http://www.zillow.com/homedetails/222-214th-Ave-SE-Sammamish-WA-98074/48715605_zpid/

    New 4,000 sq. ft.McMansions are being built on lone 1/4 acre. The homes are jammed up against each other. The lot was clear cut prior to building. The new homes have a vestigial front yard, with a ludicrous wisp of lawn. Everyone lives in a fish bowl.

    This is greed fueled. This is the very picture of illness. This is a degradation of quality of life.

    Rate this comment: Thumb up 1

  51. Blurtman

    Devolution, illustrated.

    222 214th Street SE, Sammamish, WA

    Wonderful estate property with sprawling custom main house and private 1 bedroom guest house. Ideal location in the center of the Plateau, with level land and territorial views to the south.
    Views

    Facts
    Lot: 4.84 acres
    Single Family
    Built in 1975
    Heating: Forced air
    Last sold: Jul 2012 for $1,914,000
    Price/sqft: $693

    http://www.zillow.com/homedetails/222-214th-Ave-SE-Sammamish-WA-98074/48715605_zpid/

    New 4,000 sq. ft.McMansions are being built on nearly one 1/4 acre. The homes are jammed up against each other. The lot was clear cut prior to building. The new homes have a vestigial front yard, with a ludicrous wisp of lawn. Everyone lives in a fish bowl.

    This is greed fueled. This is the very picture of illness. This is a degradation of quality of life.

    Rate this comment: Thumb up 0

  52. whatsmyname

    RE: Blurtman @ 51 – This is what happens when cities grow. This is Muswell Hill 150 years ago. Buyer of that property can easily get out his money and move to a still ex-urban spot – if that’s what he wants. There are a couple little estates like this still tucked into Bellevue.

    Rate this comment: Thumb up 0

  53. Blurtman

    RE: whatsmyname @ 52 – Sure, but if you look at what is being proposed as value here, and at upwards of $850,000:

    No nature
    High density
    No privacy
    A primarily indoor existence

    I would say a synthetic, soulless, cookie cutter environment. For profit.

    Rate this comment: Thumb up 0

  54. whatsmyname

    RE: Blurtman @ 53
    At $850 a pop, that environment only exists because people with the resources to make other choices prefer that one.

    Rate this comment: Thumb up 0

  55. Blurtman

    RE: whatsmyname @ 54 – Work in pens, live in pens? Lots of folks eat at McDonald’s, but that doesn’t mean the food is good for you.

    Rate this comment: Thumb up 1

  56. whatsmyname

    RE: Blurtman @ 55
    Not really my cup of tea either, but by your criteria: more nature, lower density, more privacy, and less intensive indoor existence than an in-city high-rise. Don’t we have bigger worries than other people’s personal tastes? Maybe only me.

    Rate this comment: Thumb up 0

Leave a Reply

Do you want a nifty avatar picture next to your name, instead of a photograph of Tim's dog? Just sign up with Gravatar, and make sure to use the same email address in the form below. It's that easy!

Please read the rules before posting a comment.

You have 25 comments remaining on this post.

Archives

Find us on Google+