Isle housing bottom seen - Business

[Guru]

TOP HEADLINES

Morgan Stanley’s Doom Scenario: Major Recession in 2013
Published: Tuesday, 20 Nov 2012 | 6:46 AM ET

By: Deepanshu Bagchee
Managing Digital Editor, CNBC International

The global economy is likely to be stuck in the “twilight zone” of sluggish growth in 2013, Morgan Stanley has warned, but if policymakers fail to act, it could get a lot worse.

Picturegarden | The Image Bank | Getty Images
The bank’s economics team forecasts a full-blown recession next year, under a pessimistic scenario, with global gross domestic product (GDP) likely to plunge 2 percent.

“More than ever, the economic outlook hinges upon the actions taken or not taken by governments and central banks,” Morgan Stanley said in a report.

Under the bank’s more gloomy scenario, the U.S. would go over the “fiscal cliff” leading to a contraction in U.S. GDP for the first three quarters of 2013. In Europe, the bank’s pessimistic scenario assumes a failure of the European Central Bank (ECB) in cutting rates and a delay of its bond-buying program.

(Read More: Whom to Blame for Global Growth Woes)

But the bank says investors should also be nimble, in case policy action is “convincing and decisive,” leading to a big uptick in growth.

“Importantly, investors should keep an open mind and be prepared to switch between the scenarios as policy developments unfold.”

The bank’s most optimistic scenario forecasts GDP growth of 4 percent in 2012 compared to around 3.1 percent this year.

(Read More: Why Risk Is Back On For Markets)

Morgan Stanley isn’t alone in warning about a recession next year. Noted bear, Nouriel Roubini warned on Monday that certain key developments would exacerbate the downside risks to global growth in 2013.

“Until now, the recessionary fiscal drag has been concentrated in the euro zone periphery and the U.K.. But now it is permeating the euro zone’s core,” Roubini wrote.“And in the U.S., even if President Barack Obama and the Republicans in Congress agree on a budget plan that avoids the looming “fiscal cliff,” spending cuts and tax increases will invariably lead to some drag on growth in 2013 – at least 1 percent of GDP.”

(Read More: Faber Prepare for Massive Market Meltdown)

Roubini said the rally in global markets that begun in July was now running out of steam as global growth slows and valuations look stretched.

“Price/earnings ratios are now high, while growth in earnings per share is slackening, and will be subject to further negative surprises as growth and inflation remain low. With uncertainty, volatility, and tail risks on the rise again, the correction could accelerate quickly.”

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[Guru]

for JB and lolo
http://www.latimes.com/news/nationworld/natio...

[Joe Balls]

HECO will ALWAYS find a way to blame the customer, and the politicians to ensure laws are passed to punish people. The only way around it under the current situation is to completely disconnect from HECO and charge your own battery bank, buy as soon as you do it, your home will be condemned. HECO and politicians = dirty coxsuckers.

[leeward LOLO]

Guru wrote:

for JB and lolo
http://www.latimes.com/news/nationworld/natio...

I was just noticing that a LOT of pickup trucks I see are sporting names of never before seen SOLAR INSTALLATION COMPANIES.

[leeward LOLO]

Look at similar numbers. Go roachboy!!!!!

Guns selling at record pace on Oahu
Posted: Nov 25, 2012 10:27 AM
Updated: Nov 25, 2012 10:27 AM

HONOLULU (AP)- Honolulu Police statistics suggest gun sales on Oahu could set a record this year.

As of Oct. 31, the number of guns sold was just under 21,000, on pace to surpass the record 23,400 sold in 2011.

Gun and gun store owners told the Honolulu Star-Advertiser they believe anticipation of President Barack Obama's re-election has led to a spike in the sale of firearms on the island.

Young Guns owner Dale Hayama tells the paper he's seen business grow since Obama was first elected in 2008. He says he saw a 30 to 40% surge in sales after Obama won a second 4-year term earlier this month.

Some fear the potential for stricter gun laws in an Obama administration while others suspect CRIME WILL INCREASE WITH THE ROAWCH BOY IN OFFICE.

Information from: Honolulu Star-Advertiser, http://www.staradvertiser.com

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

[leeward LOLO]

Explanation:

SOLAR ~ The number of solar power systems across the island state has doubled every year since 2007, with nearly 20,000 units installed.

GUNS ~ As of Oct. 31, the number of guns sold was just under 21,000, on pace to surpass the record 23,400 sold in 2011.

[Joe Balls]

leeward LOLO wrote:

Explanation:
SOLAR ~ The number of solar power systems across the island state has doubled every year since 2007, with nearly 20,000 units installed.
GUNS ~ As of Oct. 31, the number of guns sold was just under 21,000, on pace to surpass the record 23,400 sold in 2011.

There are a LOT of solar companies these days, the competition is fierce. Yet, you don't see prices dropping a penny. The only price competition you can find is if you opt for the Chinese-made panels. Lolo, I'm gonna purhase with twelve more panels this year IF Abercrombie holds of on his "Interconnectivity" fee of 20K. Heco and the guv are at war with the public, NO-ONE in power wants people to go solar.

[Pau]

leeward LOLO wrote:

Guns selling at record pace on Oahu

Gun sales make the NRA very proud to increase fund raising for their favorite right wing causes. Unfortunately for the wing-nuts out there, Hawaii will never be a "Red State."

[Guru]

leeward LOLO wrote:

Look at similar numbers. Go roachboy!!!!!
Guns selling at record pace on Oahu
Posted: Nov 25, 2012 10:27 AM
Updated: Nov 25, 2012 10:27 AM
HONOLULU (AP)- Honolulu Police statistics suggest gun sales on Oahu could set a record this year.
As of Oct. 31, the number of guns sold was just under 21,000, on pace to surpass the record 23,400 sold in 2011.
Gun and gun store owners told the Honolulu Star-Advertiser they believe anticipation of President Barack Obama's re-election has led to a spike in the sale of firearms on the island.
Young Guns owner Dale Hayama tells the paper he's seen business grow since Obama was first elected in 2008. He says he saw a 30 to 40% surge in sales after Obama won a second 4-year term earlier this month.
Some fear the potential for stricter gun laws in an Obama administration while others suspect CRIME WILL INCREASE WITH THE ROAWCH BOY IN OFFICE.
Information from: Honolulu Star-Advertiser, http://www.staradvertiser.com
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

PRAVDA: Obama 're-elected by illiterate society'...
Gun Store Owner Who Banned Obama Supporters Says 'Business Is Booming'... Churches offer concealed weapons training...

[leeward LOLO]

Another HAWAII TAX. How can it be that this state is broke:

Paid by real estate seller:

Ten cents per $100 property valued at less than $600,000.

Gradually increasing:

Fifty cents per property valued of at least $2,000,000 less than $6,000,000.

Up to:

One hundred cents per $100 per property value of at least $10,000,000.

[Guru]

HOW THE GOVT LIES ABOUT THE ECONOMY:
http://www.wnd.com/2012/11/how-government-lie...

[Guru]

Joe Balls wrote:

HECO will ALWAYS find a way to blame the customer, and the politicians to ensure laws are passed to punish people. The only way around it under the current situation is to completely disconnect from HECO and charge your own battery bank, buy as soon as you do it, your home will be condemned. HECO and politicians = dirty coxsuckers.

HOW THE GOVT LIES ABOUT THE ECONOMY:
http://www.wnd.com/2012/11/how-government-lie...

[Guru]

They are going after the trolls like meezer and pau in now...
http://www.wnd.com/2012/11/leftist-trolls-in-...

WND EXCLUSIVE
Decisive action against Obama's left-wing 'trolls'
Pajama bandits seek to stifle thought, discredit right
Published: 7 hours ago

NEW YORK – WND Internet forum moderators have conducted extensive studies of leftist, pro-Obama “trolls” who post misinformation.

In the process, the moderators have blocked from WND forums participants who post abusive language aimed at angering or otherwise insulting forum members, WND authors, management and staff.

Trolls appear to perform a “disinformation” function typical of counter-intelligence efforts by intelligence agencies to confuse political enemies and refute or deflect opposing political views that are less susceptible to refutation by more traditional methods of debate and argumentation.

Typically, trolls operating on WND forums attempt to defend Obama by posting specious and diversionary arguments with the goal of changing the subject and obscuring topics that could damage Obama, such as his birth records, life narrative, political history and policy preferences, including his current positions as president.

Particularly offensive is the proclivity of trolls to use obscene or blasphemous language mixed with personal invective.

Repeat offenders

Trolls operate on WND forums under various identities, often using the same IP address but with different usernames and email addresses.

[Pau]

leeward LOLO wrote:

Another HAWAII TAX. How can it be that this state is broke:
Paid by real estate seller:
Ten cents per $100 property valued at less than $600,000.
Gradually increasing:
Fifty cents per property valued of at least $2,000,000 less than $6,000,000.
Up to:
One hundred cents per $100 per property value of at least $10,000,000.

BFD! This is old news.

Republican Governor Lingle approved all of this for the state.

[Guru]

Professional trolls like pau and meezer:

WND moderators have developed criteria for helping to identify a professional troll:

The person’s posts are usually short and snarky, with reasonably correct spelling, grammar and punctuation, suggesting both intelligence and education.

The posts are on the edge of acceptability, with little or no profanity or vulgar language that would get the post flagged immediately.

The person has a high ratio of posts to the number of days on the site, suggesting he’s posting comments nearly full time and is getting paid to troll.

The person posts politely on progressive websites but nastily on conservative websites, using the same username and IP address.

The person’s posts are consistently belittling, rather than intelligent objections and points.

The person’s posts address a broad spectrum of topics rather than focusing on one or two subjects of particular interest. The consistency is in the support of leftist policies and positions taken by the Obama administration.

[Laura]

Guru wrote:

WND moderators have developed criteria for helping to identify a professional troll:
The person’s posts are usually short and snarky, with reasonably correct spelling, grammar and punctuation, suggesting both intelligence and education. The posts are on the edge of acceptability, with little or no profanity or vulgar language that would get the post flagged immediately.

You just outed yourself, Guru. 51,456 mediocre posts of questionable sustance.

[Pau]

Does the wing-nut site worldnutsdaily offer recipes for crow? I know this is the season for the bird, Tom Turkey, but it seems that crow is being offered at many places of residence living in denial.

Just as predicted and right on schedule.

[leeward LOLO]

Pau wrote:

<quoted text>
BFD! This is old news.
Republican Governor Lingle approved all of this for the state.

BFD to people who cannot afford to buy homes and live three generations in one home???

[leeward LOLO]

Laura wrote:

<quoted text>
You just outed yourself, Guru. 51,456 mediocre posts of questionable sustance.

Sustance???

[Joe Balls]

Gonna have to copy the Samoans and turn my home into a church one day a year. That way, I can write everything off and drive a big truck.