Does anyone care about the housing? not me.
Boo hoo hoo we’re in a housing bubble. Boo hoo hoo hoo new home sales fall by a record amount. Do I care? Um no..I could care less. No one cares about hsouing except the usual boo hoo hoo-ers -the same group that claim we’re in a recession, oppose free trade and globaliztion, assume web 2.0 is a bubble, and profess that housing ‘decline’ is a big deal when it really isn’t. These are the same people who loath Romney and Hillary Clinton but love Kusinish, Edwards, Ron Paul and Obama.
The truth of the matter is no one cares about falling home sales or declining home prices, especially not me or the giant funds and institutions that move wallstreet.
This morning housing data was released showing that home sales plunged by a record amount in 2007, and that home prices fell by the most since 1991. Wallstreet reacted to this news by knocking the DJIA down a few dozen points, but within a half hour the markets recovereed all the loss, and were back in positive territory. As of 11:30 AM pacific time the markets are up one percent, actually.
What does this show? That wallstreet doesn’t care about hsouing. Why? Cause it isn’t a big deal. Boo hoo hoo your house lost value. Too ****ing bad. Boo hoo hoo I can’t sell me house. no one gives a ****. Wallstreet doesn’t and neither do the fund managers or the politicians. I don’t care and neither does Hillary or Obama.
The liberal pro Obama media and pro Ron Paul libertarian blogs try to mislead gullible people into believing that somehow housing market is in dire condition and that we’re on the precipice of economic turmoil. True, housing prices are falling in some areas and some people are unable to sell their houses even at substancially discounted prices, but in other areas such as the Bay Area, Aspen, and New York housing prices continue to surge and the demand is overwhelming.
Housing is just a fraction of the overall economy. We got huuuge global growth and economic development. Massive consumer spending and credit card debt. We have a web 2.0 revolution in the Silicon Valley; a new technology and internet boom. The borders will be opened, jobs will be outsourced and insourced, and Romney will be our next president. Tuition fees will only go up, the dollar will fall further, gas prices will continue rise, as will food prices. Buy EWZ stock instead of complaining about the immaginary housing bubble or the media generated ‘recession’.
Redirecting your way out of a google penalty
If your site has been peanalized by google it is possible to evade the penalty by 301 redirecting the old domain to a new one.
Supose your site has a sitewide penalty and you’ve tried everythign to fix it but to no avail. I guess all your hard link building efforts are wasted. Butby purchasing a new domain or using an old domain you can redirect your old penalized domain to a new one, hence restoring your old rankings.
The downside of this method is that is will take many months before your old rankings are completely restored. First google has to replace the old domain with the new one and then the new domain has to get out of the sandbox, BUT it will have no penalties attached to it. And all your pagerankis transfered to the new domain, too.
Are you stupid?
Does reading politics and voting in the 2008 elections make you feel empowered that somehow your voice counts? If so you’re a sap. The politicians gleefully take your money with one hand and flip you the bird with the other.
In this hyper-capitalistic, economic and social continuum we’re living in you can’t rely on anyone for help. Not the government, not the politicians, not your employer, or even your family. If you want fulfillment, success and control over your destiny you must look to yourself. Instead of standing five hours in a voting line for the upcoming elections open up an Etrade or Ameritrade account so you can buy EWZ stock to profit off the globalist revolution.
Before you dismiss me as being a misanthrope, consider this scenario:
Suppose you vote in the 2008 elections and your desired candidate wins the presidency. You’re feeling pretty good. Yay democracy works! But fast forward to 2010 and you loose your job doe to insourcing or outsourcing. Do you think the politician you voted into office will do anything? We he personally speak to your employer and DEMAND your job be reinstated? Fat chance. You’re on your own. But what if you took my advice, and instead of standing in a polling line like a sausage in a conveyor belt, you bought EWZ instead at $72 a share.
The globalists/smarties of the new world order are the driving forces behind the current global economic technological boom. In sourcing and outsourcing of jobs is one of the means globalist corporations use to increase their profit margins because middle class American labor is too costly. Two years later when you’re fired you can sell your EWZ which would be trading at $150/share and live comfortably for awhile, where as otherwise you would probably be forced to apply for a degrading, dehumanizing “service sector” job.
The usual rebuttal is along the lines of “But what if everyone took your advice and stopped voting? The whole democratic system would collapse.” Um but that isn’t going to happen. Iamned only gets a couple dozen unique visitor a day. Even if my site had as much traffic as DailyKos there would still be abundance brainwashed drones of keep the gears of the political machine turning. Its not like there is a shortage of voters; just a shortage of government handouts and entitlement to appease all of them.
The point I am trying to instill is that unless you make efforts self sufficiency and stop depending on others you are stupid. Go make money online! Build that website! Open an Etrade account and buy EWZ stock. Create a web 2.0 startup and complete a round of funding. To the smartists you’re merely an disposable unit of labor that can outsourced to the lowest bidder.
Slide.com is worth five billion dollars, yes five billion
Today I came across a Businessweek article about how slide.com could be worth $500 million dollars based on its latest $50 million dollar venture capital infusion. The writer, Sarah Lacy, also expresses doubts and concerns about Slide’s ability to justify its ‘lofty’ valuation in the face of adversity from competitors. Also, she cites that the $500 valuation is indicative of a bubble.
However as I have stated before we’re not in a web 2.0 bubble. I wrote about this months ago, and my argument is as robust then as it is now and will be in the future.
We’re in a second internet boom in Silicon Valley, and it won’t be anding anytime soon. Slide.com is worth five billion easily ,and as this social networking web 2.0 rally continues its valuation will only increase, and justifiably so.
Slide.com has near domination of the widget market. Its biggest competitors are photobucket which offers similar photo widget features and possibly rockyou, but since the widget market is growing at such an phenomenal, unprecedented rate there is room for multiple companies to thrive.
With regards to the article in Businessweek, Sarah Lacy, who ain’t the sharpest knife in the drawer, writes
But let’s get back to the question of whether Slide is worth $550 million, its evaluation including the most recent funding. At this second, the answer has to be no, by any normal valuation math. But if Levchin’s plans succeed, Slide will be worth far more. And obviously, investors are paying a premium for the team. The barriers to entry for building a widget are so low it is a Darwinian fight, and Levchin thrives in that type of situation.
She is completely wrong. Even business schools don’t churn out people this stupid.
I propose that Slide easily worth five billion dollars, ten times her low ball estimate because it has a massive, rapidly growing audience, and an iron grip of the widget market place. True the barrier to entry is very low, but it would be virtually impossible for another company to displace Slide’s enormous lead. Trying to compete with Slide is like going toe to to against Apple’s Ipod, Google, Ebay’s Paypal or Microsoft Windows. You can’t.
A company with as large of an audience as slide can be treated as a full fledged media company like CNN or Fox News. As long as you have the eyeballs you can serve ads and make money. And Slide.com has millions upon millions of them with no end in sight. CNN can charge advertisers based on their reach, thus leveraging their audience to make money. Slide is no different.
Where do I derive the five billion? Facebook is worth $15-30 billion and myspace is worth between $10-30 billion. Those sites have between 60-300 million users, so would it be a far stretch to assume that based on those valuations that slide.com is worth at least five billion dollars? If Slide was offered $500 million dollars for a buyout I can guarantee they wouldn’t take it because there is still so much potential.
Each and everyone of these web 2.0 doubters and bubble heads who try to dismiss everything as a bubble remind me of the same people that wrote off Amazon.com off for dead in 2002 when its stock was at $10 (it now trades at $80). Or the people that said facebook wasnt worth a $1 billion in 2006 (now worth 16 billion). They were wrong then, are wrong now, and will continue to be wrong in the future.
Bay Area real estate is going to keep going up. Palo Alto and San Jose. Mountain View, home of the googleplex, and Menlo Park. Silicon Valley world capital of innovation and technology. Gas $5 a gallon soon. $7 Starbucks espresso lattes. The new era still lives on. The revolution is as real as Slide’s $5 billion dollar valuation.