Comments on: NSFB (Not Safe For Breakfast): A little deferred maintenance in San Francisco http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/ San Francisco Bay Area, Silicon Valley House Price and Mortgage Insanity Blog Thu, 09 Feb 2012 09:21:36 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: nomadic http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/#comment-21716 nomadic Tue, 02 Dec 2008 19:05:08 +0000 http://www.burbed.com/?p=2648#comment-21716 <b>madhaus</b>, I guess it's a good thing our country has given up on manufacturing: 8-| <a href="http://www.ajc.com/services/content/printedition/2008/12/02/manufacture.html" rel="nofollow"><i>A measure of U.S. manufacturing activity fell to a 26-year low in November as new orders dropped for the <b>12th consecutive month</b>, a trade group said Monday.</i> madhaus, I guess it’s a good thing our country has given up on manufacturing: 8-|

A measure of U.S. manufacturing activity fell to a 26-year low in November as new orders dropped for the 12th consecutive month, a trade group said Monday.

]]> By: madhaus http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/#comment-21715 madhaus Tue, 02 Dec 2008 18:58:24 +0000 http://www.burbed.com/?p=2648#comment-21715 <i> >>…recession is just a subject call. It’s meaningless. << Nice troll. No comment.</i> Oh, it's a fairly good example of the art, <b>nomadic</b>. But as a former economist, I have to reply to the comment itself. GDP statistics have their place, and that place is: <b>Useless Aggregated Data!</b> >>…recession is just a subject call. It’s meaningless. <<

Nice troll. No comment.

Oh, it’s a fairly good example of the art, nomadic. But as a former economist, I have to reply to the comment itself. GDP statistics have their place, and that place is:

Useless Aggregated Data!

]]> By: nomadic http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/#comment-21714 nomadic Tue, 02 Dec 2008 18:50:17 +0000 http://www.burbed.com/?p=2648#comment-21714 <i>...recession is just a subject call. It’s meaningless.</i> Nice troll. No comment. …recession is just a subject call. It’s meaningless.

Nice troll. No comment.

]]> By: bob http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/#comment-21713 bob Tue, 02 Dec 2008 18:28:39 +0000 http://www.burbed.com/?p=2648#comment-21713 Oh, so I assume that you think that we're not in a recession and the "Liberal MSM" is full of crap? Yes... everything is peachy-keen. Oh, so I assume that you think that we’re not in a recession and the “Liberal MSM” is full of crap? Yes… everything is peachy-keen.

]]> By: RealEstater http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/#comment-21712 RealEstater Tue, 02 Dec 2008 18:27:06 +0000 http://www.burbed.com/?p=2648#comment-21712 OK, so we have a recession without GDP data to back it up. From now on, recession is just a subject call. It's meaningless. OK, so we have a recession without GDP data to back it up. From now on, recession is just a subject call. It’s meaningless.

]]> By: bob http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/#comment-21711 bob Tue, 02 Dec 2008 17:52:42 +0000 http://www.burbed.com/?p=2648#comment-21711 That report about us being in a recession killed me. Duh, doya' think so? Then all the traders on Wall Street act like its such shocking news and have a massive sell off. Why we have to be told "news" anyone with a pea sized brain has known for over a year is a mystery to me. That report about us being in a recession killed me. Duh, doya’ think so? Then all the traders on Wall Street act like its such shocking news and have a massive sell off. Why we have to be told “news” anyone with a pea sized brain has known for over a year is a mystery to me.

]]> By: colton http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/#comment-21710 colton Tue, 02 Dec 2008 17:48:04 +0000 http://www.burbed.com/?p=2648#comment-21710 I love the toilet - it looks like someone used colon blow their whole life and never cleaned up after themselves I love the toilet – it looks like someone used colon blow their whole life and never cleaned up after themselves

]]> By: nomadic http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/#comment-21709 nomadic Tue, 02 Dec 2008 16:50:10 +0000 http://www.burbed.com/?p=2648#comment-21709 Prof - is that required by the Realtor code of "ethics?" LOL RE: http://www.latimes.com/news/printedition/front/la-fi-econ2-2008dec02,0,138077.story <i>The downturn began, the bureau said, at the end of last year as businesses started slashing jobs -- which they have done every month this year. . "This downturn promises to be the worst since the Great Depression in the 1930s," said Joshua Shapiro, chief U.S. economist at forecasting firm MFR Inc. "We've only just started. I can't see bottoming out until sometime in 2010." . Although a recession is commonly defined as two consecutive quarters of declines in the gross domestic product -- a measure of all goods and services produced -- the current downturn doesn't meet that yardstick. The GDP shrank in this year's third quarter at a 0.5% annual rate but showed growth of 2.8% in the second quarter and 0.9% in the first quarter. The bureau, however, uses a larger variety of indicators, including monthly measures of employment, industrial production and personal income. Economists say that's because GDP figures can mask economic woes. For instance, if firms are producing goods, GDP will go up even if no one is buying them and they are simply going into inventories. Sung Won Sohn, a professor at Cal State Channel Islands, said the economy would probably have shown two straight quarters of shrinking GDP this year if the government hadn't handed out tax rebates as part of an economic stimulus program.</i> Prof – is that required by the Realtor code of “ethics?” LOL

RE:
http://www.latimes.com/news/printedition/front/la-fi-econ2-2008dec02,0,138077.story

The downturn began, the bureau said, at the end of last year as businesses started slashing jobs — which they have done every month this year.
.
“This downturn promises to be the worst since the Great Depression in the 1930s,” said Joshua Shapiro, chief U.S. economist at forecasting firm MFR Inc. “We’ve only just started. I can’t see bottoming out until sometime in 2010.”
.
Although a recession is commonly defined as two consecutive quarters of declines in the gross domestic product — a measure of all goods and services produced — the current downturn doesn’t meet that yardstick.

The GDP shrank in this year’s third quarter at a 0.5% annual rate but showed growth of 2.8% in the second quarter and 0.9% in the first quarter.

The bureau, however, uses a larger variety of indicators, including monthly measures of employment, industrial production and personal income.

Economists say that’s because GDP figures can mask economic woes. For instance, if firms are producing goods, GDP will go up even if no one is buying them and they are simply going into inventories.

Sung Won Sohn, a professor at Cal State Channel Islands, said the economy would probably have shown two straight quarters of shrinking GDP this year if the government hadn’t handed out tax rebates as part of an economic stimulus program.

]]> By: Real Estater http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/#comment-21708 Real Estater Tue, 02 Dec 2008 16:39:45 +0000 http://www.burbed.com/?p=2648#comment-21708 Prob Bleen, Sure, MLS #80829615. Prob Bleen,

Sure, MLS #80829615.

]]> By: Prof. Bleen http://www.burbed.com/2008/12/01/nsfb-not-safe-for-breakfast-a-little-deferred-maintenance-in-san-francisco/#comment-21707 Prof. Bleen Tue, 02 Dec 2008 14:45:42 +0000 http://www.burbed.com/?p=2648#comment-21707 Re #16: Real Estater, aren't you required by law to include an MLS number when you post a listing like that? Re #16: Real Estater, aren’t you required by law to include an MLS number when you post a listing like that?

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