Headlines...

NEW -> Contingent Buyer Assistance Program
I hear ya effenheimer.





There are plenty of people that do it for all the wrong reasons.





In fact, I heard the number one reason cited by hybrid owners for the reason they purchased a hybrid was image.





So ridiculous...
 
<em>>> In fact, I heard the number one reason cited by hybrid owners for the reason they purchased a hybrid was image.</em>





Really? I always thought it was the carpool stickers.
 
<p>I thought it was the smugness factor. TTTTHHHHHHAAAAANNNNKKKKKSSSSSS. (I hope you all watch South Park)</p>

<p>JW - Nice icon! AL division champs! And this time David Hendu can't ruin our dreams!</p>
 
<a href="http://www.thestreet.com/s/kass-how-the-market-will-unravel/newsanalysis/smooth-stock-picks/10381061.html">Doug Kass on how it will unravel.</a>
 
Dr. Housing Bubble has the following post about legislation that screws the financially-responsible, patient citizens of America.





<a href="http://drhousingbubble.blogspot.com/2007/09/operation-destroy-dollar-hr-1852.html">http://drhousingbubble.blogspot.com/2007/09/operation-destroy-dollar-hr-1852.html</a>





This already passed the house:





Democrats Republicans


Yes 225 123


No 0 72


Not Voting 6 6





I'm bummed because I could see something like this getting signed into law, undoing a natural market correction. However, I have not kept up with politics. Is it possible there are financially-responsible, patient senators? Ah crap, what am I saying?
 
Congress often passes measures for purely political purposes knowing full well that either the other house of congress or the president will kill the measure. I doubt the stuff in this bill will become law.
 
<p>In local news... High Rise Boom Fizzles. <a href="http://www.ocregister.com/news/high-towers-condo-1852302-orange-county">http://www.ocregister.com/news/high-towers-condo-1852302-orange-county</a># </p>

<p>I didn't realize A-town was planned for eleven high rises with 2600+ units.</p>

<p>Anybody got links to the mid-rise mixed use developments like the one planned at 1st & PCH in HB?</p>
 
IR, never underestimate a politician's desire to "do something" in the name of helping voters, nor the natural tendency of the masses to demand rescue from their own actions.
 
I thought this was a very interesting graph posted on "The Big Picture" from the NYT





<a href="http://www.nytimes.com/imagepages/2007/09/23/weekinreview/20070923_BAJAJ_GRAPHIC.html"> http://www.nytimes.com/imagepages/2007/09/23/weekinreview/20070923_BAJAJ_GRAPHIC.html</a>
 
<p>USD just broke below 78. The good news is that the yen is going with it.</p>

<p>Canadian Loonie is now worth more than the US dollar.</p>
 
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