BloodhoundBlog

There’s always something to howl about.

Archives (page 65 of 372)

A valentine for Cathleen.

I want to be the man she sees when she looks at me.

That’s a country song, ain’t it? It’s the first line of the hook. That’s fun for me, and everything like that is fun for me, but it’s more fun because it’s so painfully real.

In love more than anything, and in my marriage to Cathleen more than once, I have seen myself at my worst, much to my shame. Those are good words — I have seen my self at my worst — the kind of words that, the more you worry them over, the more you find yourself thinking the way I think.

But: Being eloquent about bad behavior is ever the poet’s absolution, and I absolve myself nothing. I know I have done badly by Cathleen, because I have seen myself doing it. And because, having done it, by impetus of memory I can never stop seeing myself doing it.

And yet, when she looks at me, she almost never sees anyone but the man I could and should always have been.

I want to be that man.

I want to be good, I want to be good, I want to be good — I’ve always wanted to be good, and I’ve always known what the good was to me — my own ego. And I’ve done a pretty good job of developing and defending my ego, I think, not so much in spite of the resistance I’ve run up against but because if it.

But I’ve won much of my freedom, I know, by scaring would-be bosses-of-me away. I’ve never hit anyone, not since I was a boy. I’ve never needed to: I can lay a lash on you that will sting forever in ten words or fewer.

But here’s a fact of nature I managed to learn in just fifty short years of careful study: Not everyone is trying to be the boss-of-me.

Many people are, of course, and one of the things I’ve loved about living my life so publicly, at BloodhoundBlog, is that I get to see dominance games I’ve been watching my whole life, but I get to see them Read more

Time and a vector — these are the back-stories of our lives…

This is an extract from the novella I wrote at Christmas:

 
Christmas — the back-story.

“The name of the game is back-story.” I said that. I was sitting with Tigan and Chance at the food court at the Paradise Valley Mall. “The objective is to pick out people in the crowd, then come up with a plausible back-story for them.”

“Why?” Chance asked.

“Because it’s fun, mostly. But you can learn a lot about people if you think about how they got to where they are.”

We had been shopping, the three of us. I sent them off on their own to get gifts for their parents while I shopped alone for gifts for them. I had sent Adora off on an errand in the car, and we had all agreed to converge on the food court when we finished.

“Look at her,” I said, pointing to a chunky woman in scrubs barreling past us. “What’s her story?”

“Well,” Tigan said, “She’s a nurse.”

“Duh!” Chance said that.

“Why is she walking so fast?” I asked.

“Dood! It’s Christmas Eve!”

“Okay, I’ll give you that. Married or unmarried?”

“How could you know that?” Tigan asked.

“You can’t know, but you can guess. My guess would be unmarried. Kids or no kids?”

Chance scowled, glowered almost, but Tigan said, “…She has kids.”

“How do you know?”

“She came here straight from work. If she were unmarried with no kids, she would have changed clothes first. And brushed her hair and put on some make-up. Ms. Unmarried Nurse is available and wouldn’t waste an opportunity. Mrs. Married Nurse would have her husband and kids with her. Mrs. Single Working Mother has too much on her plate to worry about any of that.”

I said, “I like that story. So where are the kids? Home alone? Grandma’s house?”

“They’re with their father!” Chance enthused.

“I read it that way, too. Dad has the kids for Christmas Eve, and mom is rushing to get ready for Christmas Day. What do we actually know? Only what we can see — her person, her face, her clothes and the way she holds and moves her body. But we can draw some very strong inferences from those Read more

Coming to the silver screen Atlas Shrugged.

Could this be a movie for Bloodhounds everywhere?

I know that just about everyone who reads here at BHB has read Ayn Rand and has their opinions on whether she was a brilliant author. I personally find her works Anthem, The Fountainhead and Atlas Shrugged to be some of the most enjoyable reading that I get to partake of.  I seem to always be reading one of these at any given time.

For many years there have been discussions of how to best bring Atlas Shrugged to the big screen. On April 15th. 2011 the first installment of the book will be released for all of us to watch. Could this be a movie that will inspire everyone? I know that it is a very tall order to bring a work of such magnitude to the masses.  I for one will be watching it on opening night. Right after I have mailed my annual documentation to the looters who are taking more and more from me and always wanting more. I love the fact that the movie is opening on Tax Day. The only other day I can think that might have been more fitting was Independence Day.

Here is the trailer to the movie. I am interested in hearing what you think. Will this be something you will be going to see in the theater in April?

A new bumper sticker: Lend Locally

So this is a brilliant point from the comments section. Brian Brady says local lending is a possible solution to our present problems. Greg’s reproduced it.

Now, the problem with secondary mortgage market is that, as currently constituted, it hasn’t been a true market for generations. It’s a political game to the extent that people on Wall Street knew they could socialize the risk, but capture the upside. How else to explain such risky behavior?

Defenders of big banks will point to efficiencies of large scale movements of capital. But certainly those efficiencies are overshadowed by the significant social and economic costs of politicized subsidies.

Obama’s “plan” for Fannie and Freddie? It’s FHA, as it turns out.

That’s not what they’re actually saying. But the law of unintended consequences will win out in the end. From the Wall Street Journal:

All of the administration’s proposals envision a scaled-back role for the government. One includes a new government backstop of certain mortgages under a federal “reinsurance” model, while another would propose a more limited backstop that would scale up primarily during times of economic crisis. The third option proposes no such government backstop beyond existing federal agencies such as the Federal Housing Administration.

Owner-occupied transactions are already overwhelmingly FHA — with the result that HUD is well on its way to becoming the biggest player in the lender-owned market. Getting rid of Fannie and Freddie won’t matter at all if their role in underwriting bad mortgages for unqualified buyers is supplanted by FHA.

Good news, bad news, good news and more good news…

Here’s some good news: Time magazine has discovered the Singularity. It’s a fan-boy article, but it covers a lot of interesting ground, anyway. What’s missing? Sim, massively large databases, signal processing, lots of cool stuff. The article devotes a lot of attention to Ray Kurzweil’s research on exponential curves in individual disciplines, but misses the big picture: The overall rate of change is not exponential but logarithmic. I say all the time, “They can’t enslave us if they can’t catch us.” We are fast approaching the day when it will no longer be possible even to attempt to enslave human intelligence.

Here’s some bad news: The current president of the National Association of Realtors is either a clueless dupe or a knowing villain — just like all the other grand poobahs of the NAR. I’ve invited him to come talk to us. Don’t hold your breath waiting for him to show up.

Here’s some good news from my house: I resumed lifting weights on Monday, two months after I cracked up my elbow. I could tell from other activity that I hadn’t lost much in strength, so I left the plates where I had had them. On Monday, I did ten repetitions of ten exercises. Fifteen reps on Tuesday, 20 on Wednesday, then 30 today. Not much pain in my elbow, and less every day. I’m at full extension, and maybe 98% of full compression. The only real pain is in the tendons of my left thumb — the guitar tendons. In a week, I’ll be back to 50 reps of each exercise, which is where I was before I fell.

And here’s the best news I saw today: The iPad 2 is coming soon, and the iPad 3 may not be far behind. I’m annoyed that the Verizon deal wasn’t for Verizon’s pretend 4g network, and I’m annoyed that there is no true 4g wireless service in Phoenix yet. But, as soon as I can afford to, I’m going to move all of my email to an iPad. I simply cannot be away from my email for hours at a time, and I’m Read more

Farewell to Fannie and Freddie? Hold your breath…

The Obamanation plans to offer up three proposals to eliminate FannieMae and FreddieMac from the secondary mortgage marketplace. Expect to hear much mournful keening, in coming weeks, from the country’s best enemy of private property, the National Association of Realtors.

From the Wall Street Journal:

More than two years after the government seized Fannie Mae and Freddie Mac, the Obama administration will recommend phasing out the housing-finance giants and gradually reducing the government’s footprint in the mortgage market, according to people familiar with the matter.

The administration is expected to include three options for a post-Fannie and Freddie world when it releases a long-awaited proposal for the future of the nation’s $10.6 trillion mortgage market, which could come as soon as Friday. Together with federal agencies, Fannie and Freddie have accounted for nine of 10 new loan originations in the past year.

The White House’s “white paper” will begin what promises to be a prolonged and fiery debate about the future of how homes are financed across the U.S. Any wind-down of Fannie and Freddie would happen gradually to avoid roiling markets, and the central, unanswered question is what kind of federal function, if any, the administration and Congress will invent to take their place.

Steps to reduce the government role in the mortgage market likely would raise borrowing costs for home buyers, adding pressure on the still-fragile U.S. housing markets. Consequently, analysts believe any transition could take years and would be driven by the pace of the housing market’s recovery.

The fight over how to restructure the housing-finance system has roiled Washington, and yet both parties have been hesitant to propose detailed legislation.

For conservatives, Fannie and Freddie played a starring role in the financial crisis, and any solution that is viewed as replicating their function could face fierce opposition from some Republicans. But more moderate Republicans may resist such an approach and could join Democrats who have said a federal role is necessary to ensure broad access to home ownership.

While advancing one detailed plan risks providing fodder for partisan battles, offering multiple proposals may help the administration force those views into the open, said Michael Barr, Read more

Pope Obama and the Synod of Commerce

President Obama ventured into the enemy’s lair today, channeling his inner Reagan.  The message, designed to be benign towards industry, still included his sarcastic finger-wagging at the tycoons:

“I’m here in the interest of being more neighborly,” Obama said. “Maybe if we’d brought over a fruitcake when I first moved in, maybe we would have gotten off to a better start.”

The President just doesn’t get it, though.  He still thinks the fascist model works:

Obama alternated between pledging help for business from the federal government and asking big business to do its part to help “win the future,” a theme he first introduced two weeks ago in the State of the Union address.

“Ultimately, winning the future is not just about what the government can do to help you to succeed,” said Obama. “It’s also about what you can do to help America succeed.”

Obama claims that he is open to suggestions:

If businesses lack confidence in the economy, Obama said they should let him know about it.

“If there is a reason you don’t share my confidence, if there is a reason you don’t believe that this is the time to get off the sidelines – to hire and invest – I want to know about it,” Obama said. “I want to fix it.”

Cool.  Let’s tell him to roll back the federal register to 1990.  Uh, oh !  Maybe not.

Obama has launched a review of regulations to eliminate burdensome rules, but he gave a nod to their importance in Monday’s speech.

“Even as we work to eliminate burdensome regulations, America’s businesses have a responsibility to recognize that there are some safeguards and standards that are necessary to protect the American people from harm or exploitation,” Obama said.

“Moreover, the perils of too much regulation are matched by the dangers of too little. We saw that in the financial crisis, where the absence of sound rules of the road was hardly good for business.”

Sean Purcell is right.  Obama isn’t a pragmatist, looking for solutions.  The President is a religious zealot, forced to Read more

“If government doesn’t steer capital into housing, the capital doesn’t disappear; it could fund other job-creating businesses.”

The Washington Post:

Advertised as a way to stabilize the housing market, government-backed mortgage securitization ended up distorting and destabilizing it. The resulting misallocation of resources – evident not only in today’s massive bailout of Fannie and Freddie but also in the vast quantities of land, water and energy wasted on suburban sprawl from Las Vegas to Fort Lauderdale – is a true American tragedy. Today’s housing crisis is an opportunity to make sure nothing like it ever happens again.

Damn straight. This is the Post, so the solution proposed is still WelfareLite, but any movement away from Rotarian Socialism is a move in the right direction.

10 Ways To Get UnFollowed On Twitter

I try to spend 30 minutes a week doing a little housekeeping with my various blogs and social media accounts.

Whether it’s simply tightening up profile bios, updating links or completely deleting accounts, maintaining an online presence for business purposes is mostly tedious boring work.

Well, until today….

Quick background – I’ve started to spend a little more time on my personal Twitter acct actually paying attention to people vs only sharing my favorite links of the day.

Generally, I’ll spend most of my time in Google Reader browsing about 50 or so articles a day and simply clicking “share” to have a few relevant links syndicated out through Dlvr.it to targeted Twitter or FB Business Pages.

However, now that I’m physically logging in to Twitter direct or through Hootsuite, I decided it was time to cut the list of people I follow down to a more manageable number.

While there are probably more efficient ways of reducing the noise by using an “UnFollow” Twitter application, I figured I’d spend a quick 30 min. scrolling through everyone I follow to see if there were any obvious profiles that I could delete based on name, photo or bio.

Not sure exactly what I was looking for, but I thought it would at least give me an opportunity to see some old faces as I scrolled through a few years of Twitter memories.

So, here are the top 10 reasons I deleted someone from my “follow” list on Twitter:

1. No Photo

Unless I knew who they were, it didn’t make sense to follow someone who was too lazy to upload some sort of profile photo.

2. No Bio

Really? I think that mastering the art of the one sentence bio should be the first thing people focus on before they worry about trying to “dominate the web” with all of the new secret magic bullet SEO strategies that are being taught by the Gurus.

Of course, I made a couple of exceptions.

I’m sure I’ve got some hidden bios online that suck, but I think I’ve always tried to at least mention my city, industry and intentions.

3. Quote For A Read more

Virginia Legislature Wants The Commonwealth To Be The Golden State. California Accedes.

Worried about a dollar collapse?   Virginians may worry less because their legislature  is proactively investigating solutions:

WHEREAS, various systems of alternative currency employing gold or silver, or both, in the form of coin or its equivalent in bullion have already proved themselves in the free market, and could either be employed by the Commonwealth directly or be used as models for a new system created by the Commonwealth to meet Virginia’s unique needs; and

WHEREAS, the adoption of an alternative currency consisting of gold or silver, or both, would not destabilize the present monetary and banking systems, the Commonwealth’s governmental finances, or Virginia’s private economy, because it would not compel or commit the Commonwealth or her citizens to employ such alternative currency to the exclusion of the Federal Reserve System’s currency immediately, but would merely make the alternative currency available, and enable it to be used in competition with and preference to the Federal Reserve System’s currency, to the degree that the need for such use became apparent; and

Governor McDonnell (R-VA) claims the resolution would be unconstitutional, that the powers to coin money rest with the federal branch of government.  I don’t think that matters.  The Virginia Resolution simply recognizes that a competing currency might be needed should the US currency collapses.  That resolution could very well be the “shot heard ’round the world”.

Americans of all walks of life, from the CEO in the corner office to the cop walking the corner beat are following the price of gold and silver daily.  Some are actually buying the precious metals, too.    Wall Street, in its typical fashion, developed a derivative product to sell to its customers.  The bankers and brokers claim GLD and SLV are a more simple approach to hedging portfolios with an exposure to precious metals.  Guess what?  It may be harder to find the actual metals, held by the Wall Street mutual funds, than the mortgages packaged in the collateralized debt obligations.  GLD and SLV may be empty vaults; perhaps a scam.

I started moving money into silver about Read more

Thoughts Worth Pondering?

It’s pretty much become the mantra in real estate, that agents, most of ’em anyway, never stop searching for the Holy Grail — which is of course the MagicButton (MB). Just keep pressin’ it and business overwhelms them. They’re idiots of course. I can say that with a straight face cuz when it comes to MB hunts, I qualified for ExpertGuide status decades ago.

In point of fact, there are plenty of MBs around. They’re free or at least relatively cheap. Problem is, one of the key factors agents demand is that their effort is kept to a bare minimum. What I’m here to tell ya, as a charter member of MBA — MagicButtons Anonymous — is that there are two hard and fast ‘laws’ involved in any MB in the real estate brokerage business.

1. Seriously focused and slavishly consistent effort.

Don’t wanna burst anyone’s bubble with that one, but even a sit-down El Toro lawnmower must be running, in forward gear, and at least steered by a human operator to cut more grass than is directly under it when turned on.

2. If there are no results — defined as ever increasing bank deposits — then the only magic involved was the almost seamless transfer of money from the agent’s pockets to the marketer hawkin’ the MB.

What are some of the free MBS?

The one with the bestest cliché value is the leveraging of your sphere of influence. Though I’ve not liked the whole ‘sphere of influence’ approach much, it’s mainly due to how brokers use it to make a few bucks off their hopeless rookies before givin’ them the boot. In reality, most agents simply don’t have a sphere containing viable buyers/sellers. Still, if worked well and consistently it should, and probably will produce some results. Since you already know these people, the fear of rejection shouldn’t be a factor — or so the thinking goes.

Another one is farming. I’ve literally seen an idiot 23 year old succeed at this one. He had two cheap suits and a coupla sports coats, while driving a truly crappy lookin’ ’59 Ford Read more