Statistics Don’t Lie; Liars Love Statistics

October 31, 2006

That reminder is always timely.

This complaint to the FTC about everyone’s favorite real estate porn site, Zillow, is a bit baffling.

The information contained therein is free for all to use. Consumers do, and apparently love it. Zillow hasn’t solicited commercial business just yet, and it remains to be seen if they will. If insurance and mortgage companies rely on it for judging loans (no evidence suggests they do), they due so at their own risk.

Zillow claims the algorithm they use contains no demographic information, and that makes sense- how would they know?

Zillow’s data comes form a constantly a shifting landscape (in California, that happens literally on occasion), and is not (or claimed to be) accurate. Used simply as a guide, it is helpful. And fun.

This coalition claims that:

“(an) improper appraisal could force a homeowner to borrow more than the value of the home and put money invested in the home at risk, according to the group. It urged the F.T.C. to start an investigation and permanently restrain Zillow from providing home value estimates.”

Caveat Emptor.

But really, what are they saying? Do folks in poor areas who decide to cash in on their equity overextend themselves past the value of their domicile?

Are they suggesting all disadvantaged people (or people living in ‘disadvantaged’ areas) are prone to max out their credit, and spend beyond their means?

That sound’s like a racist stereotype.

Folks, we gotta learn the proper use of the tool. Educate!

And, ultimately, who is to say what any property is worth?


Too Obvious to Comment On

October 30, 2006


Federal Reserve Bank assisting illegal alien lawbreakers

October 29, 2006

WTF?

Yes, and it’s being kept really quiet. The main stories taking up column inches today lack any real depth or meaning (Tom Foley, puh-lease), and simply serve to titilate (“sexy stories”); AKA a red herring. The important ones (“boring stories”), like this, are freakin’ terrifying, because of implications further down the road for this country as an autonomous and sovereign state.

This certainly tells you that your government (I didn’t vote for the fuckers, and I consider myself <ahem> libertarian) is seriously going against what you might expect to be the intentions of ‘financial conservatives.’

Goes to show most Americans, who couldn’t give a flying fuck how their government is, um, governed, that as soon as they take their eye off the ball, see what happens.

Can I see a show of hands: who out there voted for “Son of A New World Order?” Heh.

Are we really in control of our government? Or are they (the non-elected e.g. Karl Rove, James Baker, Ben Bernaenke, et al) rapidly increasing the amount of countol they have over us?

Do you even have to think about that before answering?

Of course you do, you are were an American.

Yeah right.


Stoned?

October 28, 2006

Is it me, or is this cunt a toke too far?
(F-FWD ahead to 1:08 for her appearance to begin)


I didn’t know this cunt was such a turd licker

October 26, 2006

Patrica Heaton got a little fleeting fame for being on a sitcom and in Albertson’s commercials (that’s like all really important stuff, and makes her a substantial person).

Now this expert in biology has a thing or to to say about stem cell research.

This talentless crone should keep her fucking mouth shut unless (as unlikely as it is) something intelligent comes out of it. Cunt.

Thanks be to April.


I Know, I Know, Easy Target

October 26, 2006

Vicodin addict and right wing shock-jock Rush Limbaugh accused Michael J. Fox of faking his Parkinsons symptons for an advert supporting stem cell research.

[YOUTUBE=http://www.youtube.com/watch?v=a9WB_PXjTBo]


If they lost $1 Billion (with a ‘B’)…

October 25, 2006

…how did Robert C. Trosten wind up profiting handsomely to the tune of $48 million when just a short time later the company for which he was CFO, Refco, declared bankruptcy? And now this ass-wipe stands accused of fraudulently hiding losses that (probably) bumped up his compensation when the company was sold a year before it folded. Man, we’ve seen this play out time and again recently- it’s becoming rampant.

Is anyone in the SEC or Justice Depratment paying attention?

HELLLLOOOOOOOOOOOOO!

<fx echo: hellllooooooo!>

Will Robert C. Trosten get to keep it?

Should he? Is that right?

You can equivocate all you want, but this money was stolen from you.

When Refco filed for bankruptcy on Oct. 17, 2005, it was one of the largest filings in United States history.

It’s like the politburo elite all over again. I’m starting to see less difference between those bushy eye-browed scalawags in charge of the Soviet Union and their privileged looting of the coffers to live the life of Riley (mass centralization made this easy at that time, but looks like when the government is lured to turn it’s back, well, that works too).

I think Robert C. Trosten should have to give it back, every fucking red cent.

As customers lost money in the 1990’s through 2005, Mr. Bennett would have the firm’s parent, Refco Group Holding Inc., assume those debts. Rather than write off those losses, Mr. Bennett then transferred them to Refco Group Holding. By all appearances, Refco appeared to be owed money by its parent.

It’s all very Enronian in it’s scope and execution. Who’s bean-counter was talking to who? I cannot help but wonder. Hey, these are not so isolated as anecdotal evidence would suggest.

The scheme allowed Refco to appear healthy, setting the stage for the private-equity buyout and subsequent public offering, prosecutors said. Insiders also received more than $1 billion in cash after the sale of the stake to Thomas H. Lee.

& Don’t get me started on his boss