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August 7, 2008

Thursday Links

scratched_0808.jpg
Clyde 3YB. Photo by BH-THE BOYS.
Freddie Mac's Big Loss Dims Hope [NY Times]
Brooklyn Subway Cars Rate High [Brooklyn Eagle]
Competition for Kosher High-End Supermarkets [Crain's]
2007 Mortgages Go Bad at Rapid Rate [WSJ]
Parking Program Would Give Preference to Locals [NY Sun]




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Comments

Where has the "what?" been for two days - that WSJ story is right up his alley. Could it be he's keeping a low profile after making the news again:
http://www.theonion.com/content/news/local_idiot_to_post_comment_on

Posted by: dittoburg at August 7, 2008 9:30 AM

Morning Asshats! Please read Freddie Mac’s Big Loss Dims Hopes of Turnaround and 2007 Mortgages Go Bad at Rapid Rate.

Choice quotes.

"The gloom over the nation’s housing market deepened on Wednesday as Freddie Mac, the big mortgage finance company, reported a gaping quarterly loss and predicted that home prices would fall further than previously projected."

"“Home prices declined faster than anticipated in the first half of 2008,” Richard F. Syron, Freddie Mac’s chairman and chief executive, said during a conference call with analysts. Executives believe the housing market is only about halfway through its downward cycle, he said.

“At this point neither we nor anyone else can predict when the national housing market will stop falling,” Mr. Syron said."

Mr. Syron is the CEO of Freddie Mac and he know what's going on.

And...

Mortgages Made in 2007
Go Bad at Rapid Clip

"Mortgages issued in the first part of 2007 are going bad at a pace that far outstrips the 2006 vintage, suggesting that the blow to the financial system from U.S. housing woes will be deeper than many people earlier estimated."

"will be deeper than estimated"

I like to put some questions to all the Housing Assholes!

1. Do you think you made a wise decision buying in this climate?

2. Do you think your "Investment" will appreciate in 2009?

3. Do you think you will be able to sell at a profit?

4. Do you think you will be able to access capital in the future.

I think ya'll are fucking finished!

The What (Flame on!)

Someday this war is gonna end....


Posted by: what at August 7, 2008 9:34 AM

I clearly spoke too soon.

Posted by: dittoburg at August 7, 2008 9:38 AM

dittoburg- On the other hand you could simply think of yourself as prescient and begin a whole new career.

Posted by: bxgrl at August 7, 2008 9:50 AM

Yes, a seer. Let me see what i can see in my crystal ball: I predict the what?'s urging for us to "flame on!" will become unnecessary on account of his inevitable self-immolation.

Posted by: dittoburg at August 7, 2008 9:54 AM

"I think ya'll are fucking finished!"

This statement may be going a bit overboard. I'm no expert though.

Posted by: werner at August 7, 2008 10:06 AM

Hey the What.

I saw you this morning in the coffee line.

You look so nervous and paranoid.

We are -watching- you!

Posted by: Prodigal_Son at August 7, 2008 10:06 AM

Wow! You gotta love this place. The whole Banking System is going to shit and still no one gives a shit. Ok, how about being "prescient" with more information folks... Damn...

The What

Someday this war is gonna end...

Posted by: what at August 7, 2008 10:08 AM

I nearly spit my coffee out with the first 3 or 4 posts here. Now THAT was funny.

You all made my morning.

Posted by: Nokilissa at August 7, 2008 10:42 AM

It's not that most people don't give a shit, it's that: 1) most people are in their homes for the long haul, God willing. 2)Most people are stepping back and cutting back on frivolous spending, and are trying to save more. 3)There's not much we can do about it anyway.

Freaking over the economy is like waiting for the next terrorist strike. You can choose to do one of several things - hole up in a bunker in your basement, leave altogether, or go about your daily life because no one knows when anything will or will not happen. Most people I know, including myself, are such tiny cogs in the wheel of commerce that we can only watch what we spend, try to put our small investment, like a retirement fund, where it will make the best return in the long run, and hope for the best.

The What seems to take special glee in seeing the system and those working it, go down in flames. I don't understand that, because unlike Nero watching Rome burn from a parapet, if the country goes belly up, we are ALL going to be in trouble, including him.

Posted by: Montrose Morris at August 7, 2008 10:44 AM

The thing The What DIDN'T post is that the article stated that home prices may fall up to an additional 9% before turning upward again.

9%. Big freakin deal for those of us who plan to stay in our homes.

And that's 9% average nationwide.

I don't don't NYC will/is correcting, but last I heard, they are calling for 5-10%. Not a huge concern for 99% of the population.

Posted by: 11217 at August 7, 2008 10:48 AM

I'm with Montrose- only so much we can freak out over or do about it. Although I do still have emotionally satisfying if unrealistic vision of all of us marching through the streets with our torches to the castles of commerce and burning the evil Frankenfinance monster.

Posted by: bxgrl at August 7, 2008 11:12 AM

I hope when this shit goes down in flames, people will not ever have access to money again. 80% of American are fucking stupid. You are witnessing the greatest transfer of wealth is history. If you want a deeper understanding please read Manias, Panics, and Crashes: A History of Financial Crises by Charles P. Kindleberger. This book puts in prospective about Mutant Asset Bubbles who lose and who benefits.

Most of you Assholes are saying "I'm in it for the long haul" yeah fucking right! This is delusion telling you everything is O fucking K, well it's not. The Banking System is BROKEN! Government will have to be the lender of the last resort. The Big Boys on Wall Street will leave this Country so fucking broke services like Social Security, Medicare and Education will have to be cut. Plus The Baby Asshole Boomer Population is retiring in a few years, that will put more stress on our system. The sad thing is that you are too fucking stupid to be upset at the Raping of America. You are part of the problem and the Depression 2 will be the solution. Go fuck yourselves!

The What

Someday this war is gonna end...

Posted by: what at August 7, 2008 11:15 AM

Don't worry so much, we'll carry on paying for "Social Security, Medicare and Education" like we've been doing all our working lives.

I really think you should add a question mark to the end of your name, it'd be consistent with your continual cluelessness.

Posted by: dittoburg at August 7, 2008 11:19 AM

Now I will address the Assholes. You think it's real cute yapping around me like a little dog. I know you think you gaining love points with the other Asshats and Brownstoner on this Blog but ask yourself one question? When the shit hits the fan, what do you think I'm going to do??!!! Huh??!! As you watch the Stock Market implode and Interest Rates rocket to the moon and Government services get cut, what do you think I'm going to do??!!

I will never let you forget it.

Enjoy.

The What

Someday this war is gonna end...

Posted by: what at August 7, 2008 11:25 AM

Montrose,

your "such tiny cogs in the wheel of commerce"

is poetry.

Posted by: Nokilissa at August 7, 2008 11:25 AM

This is for you, The What. Please read it and explain to me why you are right, and the economists are wrong:


****
Economists Plumb the Depths of the Downturn

NYTimes, August 5, 2008

Even if the economy continues to deteriorate, economists generally agree that the United States is not heading for another Great Depression.

Not only are the conditions far less dire, eight economists said in interviews, but the government is playing a heightened role in trying to cushion the impact of the housing downturn, losses at financial institutions and rising unemployment.

“The government is larger now and it acts as an anchor,” said Richard Parker, senior fellow at the Shorenstein Center at Harvard. “During the Great Depression, the government had neither the means nor the capability to serve as a backstop.”

But the economists — who range from academics to policy researchers, liberals to conservatives — disagreed about just how bad this economic slowdown, led by the worst housing slump since the Depression, could be.

“I think we’ll see a miserable job market and, consequently, an eroded standard of living for the vast majority of Americans for several years,” said Lawrence Mishel, president of the Economic Policy Institute, a liberal research organization in Washington.

“This is indistinguishable from a recession for a working family,” Mr. Mishel said. “They’re losing jobs, and they’re getting a double bite as wage growth slows down and inflation kicks up. People are losing out on both ends.”

But others said that the economy would probably grow in the second half of this year, although at a low 1 to 3 percent pace.

“You read the headlines and you look around and you think the world is coming to an end,” said Charles W. Calomiris, a visiting scholar at the American Enterprise Institute, a conservative research group in Washington. “But I don’t think so. If you’re going to tell a worst-case scenario story at this point, it’s only going to be because the Fed loses control."

The Federal Reserve and the Treasury Department have already stepped in. The Fed has cut its benchmark federal funds rate to 2 percent, from 5.25 percent last August, though it left rates unchanged at its meeting on Tuesday.

In March, the government worked out a rescue plan for Bear Stearns when it became clear the investment bank was on the brink of collapse. And last month, Congress approved legislation that includes money for homeowners facing foreclosure and a possible bailout of the mortgage giants Fannie Mae and Freddie Mac.

Most of the economists who were interviewed blamed Alan Greenspan, the chairman of the Federal Reserve from 1987 to 2006, for his unwillingness to clamp down on either the technology stock bubble or the run-up in housing prices.

“The Fed isn’t the whole story, but it’s a big part of it,” said Gerald P. O’Driscoll Jr., who was vice president of the Federal Reserve Bank of Dallas from 1982 to 1994 and is now a senior fellow at the Cato Institute, a libertarian research organization in Washington. “It allowed these absolutely insane bubbles to happen. The lesson is, you can’t let these bubbles continue unabated with no policy making.”

But the economists said others were to blame, too: investors, banks and rating agencies, as well as the current chairman of the Federal Reserve, Ben S. Bernanke, and the Clinton and Bush administrations.

“They thought it was just a great thing that the stock market kept going higher and higher,” said Dean Baker, co-director at the Center for Economic and Policy Research, a liberal research group in Washington. “Then, of course, Wall Street just ran wild. It was some mix of irresponsibility and downright greed. They’re all sort of on the hook, but Greenspan sits front and center.”

The economy’s woes might have been preventable, the economists all agreed, if the actors involved had made more realistic assumptions about the future. And about the laws of gravity.

“People are way too willing to extrapolate from history,” said Jan Hatzius, chief domestic economist at Goldman Sachs. “If it’s 2005, you can’t look at a 40-year run of data and say, ‘It must be a law of nature that housing prices never fall.’ ”

The fact that average wages have not kept up with inflation has compounded the economy’s problems. Unemployment has also been creeping higher. Still, joblessness remains at 5.7 percent, while in 1933, one-quarter of the American work force was unemployed. In addition, the economy lost one-third of its value from 1929 to 1933.

Peter Cappelli, a management professor at the Wharton School at the University of Pennsylvania, compared the current battered economy to a boxer.

“The punches haven’t stopped long enough for him to catch his breath,” he said. “If the punches would stop, even for a second, the economy could catch its breath and pick itself up.”

The conservative economists said they thought market forces would play a dominant role in turning around the economy.

“This economy will get back on its feet, no thanks to Washington,” said J. D. Foster, senior fellow at the Heritage Foundation, a conservative research group in Washington. “There’s not much that politics can do at this point for the markets.”

Mr. Calomiris of the American Enterprise Institute said: “We do need some regulation — smarter regulation — to prevent the abuse of the safety net. But first we need to fix our broken regulations.”

But the liberal economists said what was needed was a combination of government regulations and policies, international negotiations, lower commodity prices and stabilization in the financial sector, including Fannie Mae and Freddie Mac.

All the economists agreed that regulators should have been looking more closely at Fannie and Freddie.

“Everybody turned a blind eye,” Mr. O’Driscoll of the Cato Institute said. “The Fed deliberately and consciously refused to regulate the mortgage industry like it was supposed to have done. I’m not a big fan of government regulation, but sometimes the government can do something to help — and in those cases, it has to.”

Mr. Parker, from Harvard, said: “Wild fluctuations have made it harder and harder for the average American family to improve their lives. You

Posted by: 11217 at August 7, 2008 11:26 AM

What, how many days do we have left again? I had a few things on my list to do before we're all toast (e.g., skydive, learn to ballroom dance, ride the Trans-Siberian Express across Asia, shower in a waterfall, go to Walden Pond and read Thoreau while drifting in a canoe, make love while skinny-dipping at midnight in the South of France, have the cashier at Gristedes actually give me the correct change, etc.) and want to be sure I get to them.

Posted by: Biff Champion at August 7, 2008 11:27 AM

The majority of the American people have no alternatives to sticking it out. No one likes this -we're all too well aware of what's happening. But unless we go the lemming route... Sorry- I just don't see myself heading to the sea and going over the cliffs willingly.(Aren't the nearest cliffs the Jersey Palisades? So I need an EZ Pass to get to the cliffs I want to suicide on? No way!). Seeing it through is all we got. Actually I think that makes us part of the solution.

Posted by: bxgrl at August 7, 2008 11:30 AM

the rest...

"You need to strike a balance between freedom and security for your citizens. This is a democracy, but we need to pick between a market-led democracy and democracy-led markets.”

Posted by: 11217 at August 7, 2008 11:30 AM

Writing "fuck" 600 times still doesn't solve anything. I'm still waiting for a solution, if you are so wise and precognicent, what.

The fact is that 99% of us cannot opt out of society. We can't take our money out of banks, cash out of social security, or remove our homes to a mountaintop in Vermont. We are here, with jobs we need to survive, careers we are interested in advancing, bills we need to pay, and lives we are trying to lead. We have obligations, families, friends and commitments. Maybe that makes us the biggest suckers since the people who bought at the base of Mt. Vesuvius, but we are just living in reality. Unless you have some ideas on how to survive a total meltdown that you want to share with us, you remain just another nutball with a sandwich board, shouting "the end is near".

Posted by: Montrose Morris at August 7, 2008 11:32 AM

Biff- the cashier at Gristedes will take a minimum of 125 days to get it right so you may want to drop that from your list. everything else sounds lovely.

Posted by: bxgrl at August 7, 2008 11:34 AM

"Maybe that makes us the biggest suckers since the people who bought at the base of Mt. Vesuvius" Great line of the day!...Wait- make that the week!

Posted by: bxgrl at August 7, 2008 11:36 AM

I see that the whole number subtraction thing became too much for the what?. You know you can use Google as a calculator right?

Posted by: dittoburg at August 7, 2008 11:39 AM

Well, already been to Walden Pond and wandered about, pondering Thoreau, in what was probably in an achingly post-adolescent, angst-filled and dramatic fashion; already made love while skinny-dipping at midnight in the limetone quarries in Bloomington - close enough; skydiving is out, as I believe the terror would kill me before getting my parachute open; and ballroom dancing is out, as I've given it a trooper's try on more than one occasion, to no avail and due to my apparent "dance dyslexia", but the rest sound pretty good!

Think we could fit it in given What's timeline? I think his "end" is sometime in October.

Chop chop!

Posted by: Nokilissa at August 7, 2008 11:40 AM

Between 2002- 2007 the Mortgage made was around 6.5 TRILLION dollars. Let's say of goodness sake (Using Pareto Law) about 20% of these Mortgages has to be "written off". That''s 1.2 Trillion dollars!! This would send shock waves thru out the Banking System. There is a massive CrediT crunch going on (Auto makers next) on the hand out line.

Let's look what's affected now.

Student Loans Families Scramble to Fill the 'Gap' to Cover Fall College Costs

http://tinyurl.com/6cmkph

The first tuition bill is due any day now at most colleges and universities. As the market crunch continues to impact the student loan financing market, families are scrambling now more than ever to find the funds to cover the fall semester bill. For example, the Massachusetts Educational Financing Authority (MEFA) recently announced that they will no longer offer loans of any kind - affecting more than 40,000 Massachusetts families.

Auto Makers

Automakers Race Time as Their Cash Runs Low

http://www.nytimes.com/2008/08/02/business/02gm.html?ref=automobiles

In the latest sign of the deepening troubles, G.M. reported a stunning second-quarter loss of $15.5 billion on Friday because of a continuing fall in United States sales and charges for job cuts, plant closings and the falling value of trucks and sport utility vehicles.

That followed a loss of $8.7 billion reported last week by Ford. Overall sales fell by 13 percent in July.

Mortgages

Delinquencies for 2007 mortgages outpacing 2006: report

http://www.reuters.com/article/ousiv/idUSN0730034520080807

NEW YORK (Reuters) - Delinquencies of prime mortgages originated in 2007 are outpacing those made in 2006, suggesting the U.S. housing and financial crisis may be deeper than initial estimates, the Wall Street Journal said on Thursday.

Yep Assholes, The hits just keep coming. Keep jacking off letting the BIG BOYS have their way with ya.This fall is going to be fun. Oh BTW still fuck all of you!

The What

Someday this war is gonna end....

Posted by: what at August 7, 2008 11:44 AM

You didn't answer my question, What.

I'm waiting....

Posted by: 11217 at August 7, 2008 11:47 AM

You're right, bxgrl, and I'm told "you can't take it with you", so who cares about the change. I'll subsitute it with "touring the Dyker Heights "Mansion"".

Noki, please promise to tell me more about your escapades in the limetone quarries in Bloomington when we next meet! I just added it to my list!

Yep, we have to get moving, although the What is characteristically inconsistent in providing the countdown, which tends to be a moving target in itself.

Posted by: Biff Champion at August 7, 2008 11:49 AM

Ah, the quarries at Bloomington. Wasn't that where they shot Breaking Away- one of my favorite films of all time? I was more of an in the woods type- would not recommend. scratchy, itchy and dirty. And squirrels watching.

I'm with you on the parachute jump except in my case I would just pass out and wake on the ground, then be royally pissed at having missed the whole thing. Ditto in the angst filled experience but it wasn't at Walden. Might have been better if it had been. My parents were great ballroom dancers- they didn't pass on the gene however.

Posted by: bxgrl at August 7, 2008 11:49 AM

"Let's say of goodness sake (Using Pareto Law) about 20% of these Mortgages has to be "written off"."

I put this phrase into Google translator (Codswallop to English) and it said you meant "for argument's sake"

Posted by: dittoburg at August 7, 2008 11:52 AM

I'm going back to my roots. You know my one year anniversary is coming up!

Someday this war's gonna end. That'd be just fine with the boys on the boat. They weren't looking for anything more than a way home. Trouble is, I'd been back there, and I knew that it just didn't exist anymore.

Captain Benjamin L. Willard - Apocalypse Now

The What

Someday this war is gonna end...

Posted by: what at August 7, 2008 11:53 AM

"You didn't answer my question, What.

I'm waiting...."

You didn't suck my balls

I'm waiting....

The What

Someday this war is gonna end...

Posted by: what at August 7, 2008 11:54 AM

Hey what?, that's what The Onion article said you'd say.

Posted by: dittoburg at August 7, 2008 11:57 AM

Ok, so now we know what's on The What's list of things he wants to do before he dies...

Posted by: Biff Champion at August 7, 2008 12:01 PM

What-ie made it into an Onion article?

Posted by: Nokilissa at August 7, 2008 12:08 PM

I think we have all extended our legs, and had them royally pulled by the what. (and that's a vision I'm going to abandon right now).He just thrives on the attention.

He has no answers. There is no spoon. (Matrix reference)

There is no one behind the curtain. (Wizard of Oz reference)

So along with Breaking Away, let's have movie night. We can toss in Mad Max, Escape from New York, Logan's Run (for Polemicist), and Apocalypse Now and look for the what.

Posted by: Montrose Morris at August 7, 2008 12:10 PM

MM- Can we have pod people? I want pod people!

Posted by: bxgrl at August 7, 2008 12:14 PM

Fabulous idea Montrose! I'll bring the beer, Biff can bring the Julip makings, Dave can bring the pewter cups, and Bxgrl can bring the fresh mint her green block. Oh, and I already have Apocalypse Now, Breaking Away AND Mad Max on DVD. I'll bring them.

Can we throw in Terms of Endearment just for kicks? We'll need tissues.

Posted by: Nokilissa at August 7, 2008 12:14 PM

I make a mean potato salad. I have the Matrix, Blade Runner, and Cold Comfort Farm, one of my favorite movies.

Posted by: Montrose Morris at August 7, 2008 12:18 PM

Noki, sacre bleu!! It's "julep". They'll never let you attend the Derby now.

I'll bring Cinema Paradiso, my all-time favorite movie (with apologies to Zhang Yimou's "To Live" and Capra's "It's a Wonderful Life"), and propose we project it off Belvedere Castle in Central Park, unless someone has a better location. Let's just make sure to monitor our drinking lest anyone get's any ideas about skinny dipping in the Turtle Pond!

Posted by: Biff Champion at August 7, 2008 12:24 PM

I vote for Young Frankenstein (we can all use a good laugh amidst the horror!) and I second Cold Comfort Farm!

And of course ecological horror classics like Attack of the Killer Tomatoes and Night of the Lepus. If anyone brings pie plates we can make ufos a la Plan 9 From Outer Space.

Posted by: bxgrl at August 7, 2008 12:27 PM

Are we going to have time to squeeze in all these films in the next 80-something days we all have left?

Posted by: Biff Champion at August 7, 2008 12:29 PM

"He just thrives on the attention."

And you guys can't wait to give it to him. Be honest....you LOVE "The What" just as much as I love reading the back-and-forth electronic skirmish! It's all pretty funny.

My advice: take it easy. If "The What" IS nuts, as you guys say he is, there's nothing to worry about.

Posted by: East New York at August 7, 2008 12:31 PM

Manhattan???!!!! Sacrilege! Let's project off the monument at Grand Army Plaza or on the monstrously yellow Brooklyn Children's Museum. Everything will be cast in a warm golden glow that we can attribute to the alcohol- or not.

Posted by: bxgrl at August 7, 2008 12:34 PM

East New York, I actually agree whole-heartedly with you. I don't love The What, but I do enjoy seeing him here and having laughs at his expense. He unites many of us as friends and is one of the most amazing foil's I've ever encountered.

Posted by: Biff Champion at August 7, 2008 12:34 PM

If we do 2-3 films a day we have plenty of time. My big question is can we get enough julep fixin's to last?

Posted by: bxgrl at August 7, 2008 12:35 PM

bxgrl, I just had to think of a classic structure in a "natural" setting with a surrounding body of water to set up the joke. You know how it goes...

Posted by: Biff Champion at August 7, 2008 12:35 PM

Biff- tin foil? Aluminum? Are we making foil hats for movie watching? I usually only wear mine indoors to keep the emanations from TOTO from stealing my thoughts.

Posted by: bxgrl at August 7, 2008 12:39 PM

Shit. JulEp.

Damnit.

Posted by: Nokilissa at August 7, 2008 12:42 PM

Let us not lose sight of our theme: the total and utter failure of modern Western society, and its aftermath, as per the predictions of the what. We have to get ready. Since he has no solutions, we need to turn to our finest profits, I mean prophets: Hollywoood movie makers.

I suggest, in no special order:

Soylent Green
The entire Mad Max series
The Matrix series (although only the first on is worthy)
The Alien series (the future is extremely depressing, not to mention dangerous)
Escape from New York
Logan's Run (when you reach 30, they kill you)
Blade Runner
I am Legend (and all of the other movies adapted from the same story)
The Stand
Independence Day
Godzilla (the remake w/ Matthew Broderick, I always hated Madison Square Garden)
The Andromeda Strain
and for good measure, all of the Planet of the Apes movies. Why not, as I said, the future is extremely depressing.

I know there are plenty more, I await your lists.

Posted by: Montrose Morris at August 7, 2008 12:43 PM

The Day After
On The Beach
The Omega Man
28 Days Later...

Posted by: Nokilissa at August 7, 2008 12:51 PM

Oh! and 12 Monkeys...

Posted by: Nokilissa at August 7, 2008 12:54 PM

Noki, we still love you.

MM, let's add:

Earthquake
Waterworld
The Manhattan Project
The Poseidon Adventure
The Day After Tomorrow
An Inconvenient Truth
The Day the Earth Caught Fire
The Hindenburg
Twister
Armageddon
Titanic
The War of the Worlds
The Last Days of Pompeii
Airport
Lord of the Flies
Dr. Strangelove
The Andromeda Strain
Panic in the Streets
The China Syndrome
Dante's Peak
The Perfect Storm
The Hindenburg
The Night the World Exploded

Posted by: Biff Champion at August 7, 2008 12:56 PM

Anyone seen Cloverfield?

Posted by: Nokilissa at August 7, 2008 1:03 PM

I've never seen Cloverfield but I believe it lies somewhere between Walden Pond and Bloomington.

Posted by: Biff Champion at August 7, 2008 1:07 PM

I'm holding out for the ending of Spaceballs (although seeing Dark Helmet bounce off the door jamb is a very special moment). Any movie with a human being dripping out of the nose of the Statue of Liberty is a classic in my book- sincere apologies to Pierre Boulle.

Posted by: bxgrl at August 7, 2008 1:07 PM

Jaws 135- or whatever-when the aqua theme park world comes to an untimely end with pissed off sharks.

Them

Arachnophobia

Dr. Who series because we get saved evey week.

Posted by: bxgrl at August 7, 2008 1:13 PM

oh- and Mars Attacks.

Posted by: bxgrl at August 7, 2008 1:14 PM

We rented Cloverfield. It gave me a headache, and it sucked. However, it does fit into the category. Congratulations, Nokilissa, you get the Golden Balls, in honor of the what's fondest wish.

Must also add the classic,
A Boy and His Dog, starring Don Johnson.
The Postman, the epic Kevin Costner movie

Posted by: Montrose Morris at August 7, 2008 1:16 PM

I just threw up in my mouth a little. Thanks for that MM!

Adding A Clockwork orange.

Posted by: Nokilissa at August 7, 2008 1:20 PM

Invasion of the Body Snatchers (the original, 1956)and soem choice Twilight Zone eps.

Posted by: BH76 at August 7, 2008 1:48 PM

Noki, not a pleasant thought!

Strange Days
Akira
The Day of the Triffids
Deep Impact
When the Wind Blows
Damnation Alley
The Last Man
On The Beach
The Postman
Where Have All The People Gone?

I give up...

Posted by: Biff Champion at August 7, 2008 1:54 PM

I forgot about Strange Days. Good one.

Ok, I think we've about gone as far as this can go.

We're going to need a lot of popcorn.

Posted by: Montrose Morris at August 7, 2008 2:01 PM

the Birds

That Laura Dern movie about genetically altered bugs (ugh. uck uck) can't remember the name but did someone else post this one?

Star trek 5 (?) where they save the whales to save the world

The Bees

The devil's Rain (2- count em! 2 William Shatner movies)

Posted by: bxgrl at August 7, 2008 2:05 PM

Oh my goodness how did I miss this thread? What's greatest (or at least latest hits). Still missing your day counter What--its at 83 now. I am keeping track.

Biff--you are right, the What is a super excellent foil--just idiotic and reactionary to provide laughs and persistent enough to keep coming back for more abuse.

REM has a nice quote for this thread: "Its the end of the world as we know it and I feel fine."

Posted by: wasder at August 7, 2008 3:23 PM

Bxgrl, I think you are referring to "Mimic" with Mira Sorvino as the entemologist looking for the creatures that look like homeless men but are, in fact, giant roach mutants in the subway system. A NY classic.

Star Trek 4 was the whales movie. 5 was the one Shatner directed, best known for the fan dance performed by Ms "Uhuru" Nichols, who should have known better.

As always, a font of information. :)

Posted by: Montrose Morris at August 7, 2008 3:45 PM

Also, I will undertake to do what the Twat never does and that is to respond to his questions. I can see that 11217 asked the What a very reasonable question and What responded that he wanted his balls sucked (teabagging I guess?) before he would answer. So even though the what doesn't play by the rules I will try to give my answers to his questions.

1. Do you think you made a wise decision buying in this climate? I DO THINK I MADE A WISE CHOICE BECAUSE THIS CLIMATE CAUSED THE PRICE OF THE HOUSE I BOUGHT TO FALL SEVERAL HUNDRED THOUSAND DOLLARS THEREFORE BECOMING AFFORDABLE TO THE LIKES OF ME.

2. Do you think your "Investment" will appreciate in 2009?

I FEEL CERTAIN THAT MY INVESTMENT WILL DEPRECIATE IN 2009. I ANTICIPATE THAT WHEN I SELL, SAY IN 20-30 YEARS, IT WILL HAVE APPRECIATED.

3. Do you think you will be able to sell at a profit?

YES--SEE ABOVE.

4. Do you think you will be able to access capital in the future.

YES, ONCE YOU SUCK MY BALLS

Posted by: wasder at August 7, 2008 3:46 PM

Star Trek 4 also came up with transparent aluminum (for the whale aquariums). I don't know why they haven't invented that yet.

Posted by: dittoburg at August 7, 2008 3:53 PM

Wasder, uhm, I'm a little anxious reading your posts, take a nice walk outside, I'm starting to worry for you.

Posted by: cobblehiller at August 7, 2008 3:56 PM

cobblehiller--just trying to point out the inconsistencies in the What's positions on a few things. and the balls thing is his. anyway, perhaps I should take a walk. thanks.

Posted by: wasder at August 7, 2008 4:07 PM

I think wasder and dittoburg are super duper posters and they're both invited to our next party (along with 11217) as well as being invited into these kinds of threads when you miss them! I'll bring the REM tunes - they're a great band

Posted by: Biff Champion at August 7, 2008 4:25 PM

Thanks MM- I knew you would know, but I have to say that Ms. Nicholls fan dance was a catastrophic event in and of itself as well.

dittoburg- then we could have transparent aluminum foil- much more fashionable for those of us who want to fend off alien transmissions and look good doing it.

Posted by: bxgrl at August 7, 2008 4:45 PM

wasder is one of my new favorites...

Posted by: 11217 at August 7, 2008 4:47 PM

Thanks Biff! I guess I took my What baiting a little too far. Will tone it down a little if it bums folks out.

Thanks 11217. I dig your posts and thoughts too.

Posted by: wasder at August 7, 2008 5:02 PM

wasder, don't tone it down on our account. Be yourself and say what you want. And if it wasn't for the What baiting, we wouldn't have had this fun thread. That's why I say I appreciate having him around.

Posted by: Biff Champion at August 7, 2008 5:11 PM

Well I seem to have scared cobblehiller...

Posted by: wasder at August 7, 2008 5:29 PM

cobblehiller is much more concerned with cobblehilller and reclaiming his name!

Posted by: Biff Champion at August 7, 2008 6:00 PM

I see you had a lovely circle-jerk going on. Two things wont change Asshats. One the whole shit is going to hit the fan. Second I will be here to remind you of that fact.

All of you can blow me...

The What (Tick Tick Tick)

Someday this war is gonna end...

Here is a wonderful story.

Tempest for a Bank That Bet on Risky Loans

http://dealbook.blogs.nytimes.com/2008/08/07/tempest-for-a-bank-that-bet-on-risky-loans/

Easy money, it turns out, has created enormous problems at Bank United, Florida’s biggest regional bank.

By aggressively peddling a popular type of high-interest loan to risky borrowers, the bank tripled its profits in 2006 as real estate on Florida’s Gold Coast peaked, only to lose nearly $100 million in late 2007 and early 2008 as the market cratered. Now, its chief executive, Alfred R. Camner, is scrambling to raise $400 million in capital, an amount nearly eight times the bank’s shriveled value on the stock market.

This story is with all Banks. Wamu, Citi, Wachovia and insert fucked Bank here.

Keep having fun kiddies...

Posted by: what at August 7, 2008 9:19 PM

Having fun is what life is all about.

Posted by: 11217 at August 7, 2008 9:53 PM

Having fun is not what What's life is all about. I wonder how much that NY Mag cover actually looks like him?

Posted by: wasder at August 8, 2008 12:36 AM

A Boy and His Dog, starring Don Johnson: good suggestion, but very depressing (although still a comedy), Don Johnson and his dog cook and eat an annoying lady at the end (actually it's his girlfriend). It seems this is what we have to look forward to in 82 days time, cannibalism. Who can doubt it? although i am no expert on these matters, as i said earlier.

But what i can't figure out is, once we all "are fucking finished!" (82 days), how will we be able to communicate on the web? As i understand it, everyone's computers will be either re-possessed, stolen from looting, or just plain broken. I fear it may be the What on here all alone reminding us of all the facts. An endless data-echo chamber of emptiness.

Posted by: werner at August 8, 2008 4:18 AM

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