Take Out fed me tonight
7 years ago
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- 7 years ago
- 7 years ago
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Taking Bets: Will Fed Raise or Lower Rates?
Comments (2)Taking a clue from the bond markets(inverted yield curve), I would think that the FOMC would be on hold for now. Investors have been thinking that the fed will do one thing, even after he says otherwise. I remember back in early May, Bernanke mentioned during a weekend dinner, that investors might have misinerpreted him about rates. The following Monday, Bartiromo reitterated this, and the markets sold off. Three days later, MAY 10th, the markets hit a high (for that time) until investors pondered what the word "yet" meant in the FOMC's comments. A week later, when an inflationary CPI came out, the markets sold off severely. A few weeks after that, another inflationary CPI came out, and the markets didn't care. There's no rhyme or reason in today's markets. Me? I'm expecting a 10% correction in the markets in January. The time to have bought was back in July, with DIA at 107, and not now with DIA at 123. Unfortunately, many institutional investors got caught sitting in cash in August/September, and overpaid for equities later on. Now they're calling them "bargains" hoping that the retail investors come in now and drive the prices up. They did the same thing with GOOG, "warning" retail investors not to buy at the IPO price of $85. Now people are told to buy GOOG at $480. Yeah, right!...See MoreElectricity was out for 5 hours tonight.
Comments (6)Something apparently malfunctioned. DH guesses a transformer. They were repairing it for hours. We went out for a leisurely dinner, and when we got back, they got the power on for 30 seconds a few times and then it blew again. Then it would come on a half hour or so later and blow yet again. Glad it was finally fixed. Yes, I always think of our ancestors pre electrical power when we have to do without. I also think of our ancestors when I fly and look down at the western mountains and think of their hardships walking beside their conestoga wagons across our nation to settle the West....See MoreHanding out homemade goodies tonight?
Comments (12)I would give them out just to kids I knew....and would be sure to have my name on them... But even if the kids can't or don't eat them....they are "cute" and may enjoy them that way. But...I have seem the mish mosh that comes out of the Treat bag....complete with broken cookies reduced to crumbs, smashed cupcakes, popcorn balls that have been jostled to the point of crumbs and all thew rapped little baggies of candy corn peanuts and pumpkin candy were scattered among the cookie crumbs. That's why I buy packaged candy. But the thought is really cute....See Morewho else is fed up with their reno? get it done and get out!
Comments (49)We started our remodel in January and it was supposed to be done by the end of May. Here we are halfway through July and have at least several weeks to go. We added a garden garage on the basement level and a family room above. We added a laundry room on the main level and expanded a big closet into another bedroom above the laundry room. We also annexed the old laundry room to add a desk and butler's pantry to the kitchen, swapped the kitchen sink and dishwasher locations, reused old cabinets, and added some new cabinets and new counter tops. My biggest problems have been the contractor's health issues, the framer's health issues, the trim carpenter's mother's health issues, rainy weather, and bad attitudes. Also, money. The general asked for a payment in advance of when it was due (red flag) because he had bills due on other jobs that were done before mine. All of the subs have told me they won't work for him again because he doesn't pay. I'm preparing lien releases this afternoon. Also, I purchased most of the items that were in allowances (like kitchen cabinets, counter tops, appliances, lights and plumbing fixtures, carpeting) myself because I got better prices on everything or at least could get what I wanted when the suppliers for the general didn't have what I wanted. When I said I was going to subtract the money that I was out-of-pocket for the allowances from the second draw, he flipped and said that would be a breach of contract. I did some quick calculations and figured if I went ahead and paid the entire draw, I wouldn't owe anything at the end, so I stupidly did pay it all. Now, with all the mistakes that have been made, I think he will end up owing me money at the end! Here's a short list of the problems. They poured the foundation wall for the laundry room wrong and now the laundry room (and the bedroom above it) are 6" less deep than they should have been. They poured the floor of the garden garage sloped the wrong way so it doesn't drain if we get water in there. Then they cut grooves in the floor so water would drain when we washed off the mower, but they are crooked and jagged and overlap at the doorway leaving a little "pillar" of concrete that will surely break off. They left the downspouts off the front of the house for months, so with all the heavy rain we've had, all the water washed under the foundation and soaked through the walls of the garden garage, ruining the drywall and paint with mildew. The gutter installer ran a downspout so it washed uphill on the new family room roof and caused a water leak the first time it rained after that. They had to repair the drywall and repaint half the room, as well as extend the downspout to the gutter below as it should have been done. The electricians installed a ceiling fixture 10" out of alignment with the one across the room it was supposed to line up with. Now they have to move the fixture, repair the drywall, and repaint the ceiling. They tore up the daylight drain that ran across the backyard and caused it to plug up. Wasn't a problem until it got hot and we turned on the air conditioner. Then the condensate had nowhere to go and flooded a room in the basement. They tore up the TV cable that ran across the yard even though I told them where it was before they started. They also tore up the dog fence wire in several areas. Now they say we are responsible for getting them repaired. They put vents to the outside in the crawlspace under the new laundry room, but they are blocked off with tyvek and now the whole basement smells "like a basement". The plumber was re-routing the pipes under the kitchen floor for the sink/DW swap and got called away to an emergency. He didn't come back to finish that day and when one of my kids took a shower upstairs that evening, water started pouring into the floor of the kitchen and the ceiling of our theater room in the basement. Luckily I got my hand over the open end of the pipe before it flooded the electronics, but the ceiling was ruined and the chairs and carpet got wet. In his favor, the plumber came back that night to cap the pipe that was accidentally left open. I could go on and on, but you get the idea. If I'm not standing watch every second that someone is working, something gets done wrong. Yet I overheard the drywall guy say to another sub, "I wish [the GC] would grow some b---s and not let the homeowner get involved in our business." This from the guy who slung drywall mud ten feet away so it got on kid's toys that should have been well out of harm's way. He also tracked it all through the house on our hardwood floors (that are not being refinished) and did a lousy job to boot. I'm so done with these morons. I've lost my sense of humor, I don't trust anyone, I just want my kitchen back. If I hadn't overpaid, I'd tell them all to get lost and hire someone else. A word of advice to anyone else contemplating a remodel, put deadlines and penalties for not meeting them, into the contract. Add that things you buy on your own get subtracted right away from the allowances....See More- 7 years ago
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