Real Estate Bubble About to Burst?

USA Today reports that homes on the market are at their highest level since 1986. According to the report, it would take nearly 5 months to sell all the homes available right now, the longest period since June 1993. That may signal a long-needed drop in high home prices (especially for those of us who live in expensive areas such as San Francisco). Some experts think this signals a "cooling off" rather than a "bursting bubble" and site low mortgage rates as softening the slow down. What do you think?

I think:
It's about damn time. I understand that real estate has been the only solid investment over the past 5 years (compared to other investments) but give us a break! The average American makes about $40K per year so you do the math. . . do you think an average can family afford a house in today's market? NO! For those of us who own homes a slow down in home sales is not such a good thing, especially if we paid through the nose for our homes. All I know is that some how the market has to come down or else salaries need to go up. . . if the American dream to own a home is a possible reality and not just a crazy fantasy.

Not Welcome in His Hometown

Arnold Schwarzenegger won't be following up on his famous words, "I'll be back" when it comes to visiting his hometown again in Graz, Austria. Since he ordered the execution of two convicted murderers, (including Nobel Prize nominee, Tookie Williams) folks in Graz ain't to happy with him. City leaders deleted all references to him on Web sites related to Graz and stripped his name from the city's soccer stadium. What do you think?

I think:
Arnie hasn't been making too many friends lately. His approval ratings are at an all-time low at 34%. I'm sure he knew that he wouldn't win over any one with his decision to stay Tookie's execution. Personally, I was against recalling Governor Davis because of all the dimwits who ran for office, we got stuck with somebody who thought being a politician was just like being an actor . . . NOT! Clearly, Schwarzenegger has had his own agenda when he first stepped off his ostentatious campaign bus. I don't think he ever wanted to actually represent what Californians really want. So I give a big "high five" to Graz for saying, "We think you're a dolt and we don't want to be associated with you anymore." Good for them.

Merry @#$% Whatever!

It's been a while since my last post, and for good reason: there really was nothing to write and/or think about. I've been really disappointed by the news lately and lack of really interesting current events so I was on sort of a boycott. But, something has caught my attention and it's this friggin' debate about what to say to people at this time of year. Is it "Merry Christmas" or "Happy Holidays?" When The Daily Show and The Colbert Report picked up on this heated debate, I knew something was up. What do you think?

I think:
Since nothing is happening of great significance in the world today (and we're so numb to the War in Iraq), people are bored and they need something to fight about. And of course, it only makes sense to fight about how to wish someone something nice during this time of year. A poll conducted by the Indystar.com (Indiana's no. 1 local media site), says the "Merry Christmas" outweighs "Happy Holidays" by nearly 30%. Guess this gives conservatives the ammunition to threaten lawsuits that store clerks should say "Merry Christmas." Frankly, I'd like to tell all the dumb asses who are up in arms about this to drink your damn egg nog and shut up! It's bad enough that I get barraged everywhere I go with ads to "BUY, BUY, BUY" and get Santa Claus crammed down my throat right after Halloween. Now I've got to deal with a bunch of whiners who bitch about this?!? Let's just all say, "MERRY @#$% WHATEVER!"