Friday, December 02, 2016

This is all everyone else's fault and not my own.

Buyers Remorse? Trump Supporter Was Foreclosed On By Treasury Pick Steve Mnuchin.

I noticed everyone was crying over this woman today. How mistreated she was. People are cutting and pasting the original article to fit their agenda of how she was robbed. This wasn't some old lady how lost her house. This woman was fully surfing in the property bubble. And I know people only read half of any article, but if they had -

"In 1998, she bought a triplex for $248,000 in Hawthorne, California, not too far from Los Angeles International Airport.

She rented out two of the units and lived in the third. Colebrook refinanced her mortgage in order to renovate the property and help buy additional homes to generate rental income. (And how much you want to bet she refi'd it with a no interest loan? Oh wait read the next paragraph)

By the time the financial crisis struck in 2008, she had an interest-only mortgage on the triplex known as a "pick-a-payment" loan. Her monthly payments ran as high as $2,000 and only covered the interest on the debt. Then she got ensnarled in the economic downturn.

"All my tenants lost their jobs in the crash," Colebrook said. "They couldn't pay. It was a knock-on effect.""

Empahsis mine. This woman was flying too close to the sun and messed up. She has no one but herself to blame. She took extreme risk and lost.

Thursday, December 01, 2016

Obama tried so hard to make us CUBA.

As I tried to get my antibiotic prescription filled today I am totally dumbfounded how this administration makes things that used to be "no big deal" into a major effing production.

So, I drove the 17 miles to the pharmacy. In traffic that is almost 40 minutes. It then takes them 40 minutes to compound the medicine. I.e. add flavoring. Why? I'm not sure. So I either need to wait the 40 minutes to let them do whatever it is they have to do. Or come back. Luckily they had a drug shuttle to the store that is near me which will not put flavoring in antibiotics apparently. But at least I only need to go one town over now to pick it up. All this crap toasted my afternoon. And I still don't have my prescription. If my girl was really sick I would be flaming out right now.

I used to just walk into the vet and boom- antibiotics. Now.... pound sand. The rest of your day is toast.

It's so frustrating how far the grubby hands of government reaches into your life.

So - I took my girl Lacy to the vet today because she has the sniffles a little bit. Normally you go to the vet and you walk out with antibiotics and you get on with your life.

Now apparently the government doesn't let vets compound their own medicine which they have been doing since the dawn of vet time. The compounding basically is just adding flavoring to the antibiotics to make it so your pet doesn't freak out by the taste.

Now I have to go four cities over to get my effin medicine. There is only once place in my area that does it. I could have it sent by mail apparently, and while this bout of sniffles is not an emergency - usually when a rabbit needs antibiotics - it is a full out emergency. You need to get them on it right away.

If they are sick they could die in a day or two. No exaggeration. Now I have to be anxious about real emergencies and I need to start making some kind of plans to work around that. Vets can be open late. Pharmacies not always so much.

The government could have just made it so the tech who was compounding had a special certification. But no. You just aren't allowed. So Obama.

Wednesday, November 30, 2016

Put your big girl panties on. This is ugly.

The chart for mortgage applications since Sept. Clearly that looks healthy. Said in the most sarcastic way. I've talked about the sluggishness in rentals over the past few months. Over that same time the oldest time on market for people selling has gone from 3ish weeks, to 45 days. Even I'm not sure what is going to happen now. I'm guessing sales will look like shit for a very long time.

Note - this is not another bubble popping. That was an invention made up by the media. Are things sluggish? Yes. But you will never get people to give up their houses in the same way they did during the recession. Even people who could have afforded their houses gave them up out of pure greed. The media convinced them their houses would never be worth what they paid for them. They jettisoned those houses so quick it made your head spin. I knew  a few of those people.

If I had to guess - those recent potential buyers will turn back into renters. The market is so dysfunctional. It's hard for me even to wrap my mind around how this plays out now.


Mortgage Refinancings Collapse To 2016 Lows As Rates Top 4.00%.

This is NOT news. 4% has always been the pain inflection point. I must have written about this a million times. For several years I've been writing about this. At 4% refi's do not exist any more. Period. Each and every time rates have reached it - activity has fallen of a cliff. It's just the bottom line.

It will be interesting what happens next though because once rates start going up (and I think they will) - people are not going to want to move. They are now because they can trade out to a similar rate.

My neighbor for example just sold his house in two weeks. Stuck the house on right around Halloween. I starting seeing rates go up and figured he was going to be butt hurt because they were rising quite quickly. Next thing I know he's got a pending sign on it. He got through right in the nick of time.

Now we get to see the real world. And it's going to be like someone stuck a stick in the middle of the gears. I'm honestly not sure where they will get the land to build new units on. Over the past three years plot after plot has been snapped up. Every time I drive by an open space plot I'm like - wow, that one is gone now too!

Mark my words - housing is set to get mind bogging expensive. Housing inflation is going to be intense. It will make pre-recession times seem tame.

Tuesday, November 29, 2016

This should be interesting.

Apparently San Fransisco thinks no fucks given about a Trump administration. According to David Chiu. If they lose Federal funding because of their sanctuary policy - they will just tax ALL Californians to make up for that because super majority bitches. Democrats are cray cray. I guess in for a penny - in for a pound.

Someone should let them know the holidays aren't over.

It's not going to be me because you can't imagine the controlled chaos that happens when there are Turkeys on a busy road at almost 4pm.  People stop to take pictures. Cars take a wide berth, and some people will just honk at them. Like that matters to Turkeys. But it is funny to watch.

Domesticated turkeys are really good at staying on the sidewalk though. I do have to give them credit. But that is where the food is. So I don't know how much credit.

Monday, November 28, 2016

The world according to CES.

I normally book CES at the mast minute because I'm never really sure if I'm going to get to go, I've even booked later than this! Seriously.

This is the first year hotel rates are stratospheric. 50-100% over last years rates. I even debated staying in Henderson. Which is not ideal - but Henderson at least has a mean(in a good way) burger vibe.

CES must be YUGE this year. And last year was already huge. I used to power walk it in one day. Then decided to stay overnight so I didn't have to do that.  Only to have CES make the whole thing even larger. Then I had to power walk it in two days. Really, by the end I'm practically running through the isles jumping over rolling luggage to get everything in. And I didn't even get everything last year despite it being the first year they'd banned rolling luggage so it made it slightly easier. I hope they do that again.

One year I logged 8 miles at CES in one day. So last year I wouldn't be surprised if I did 15 miles in the two days. I honestly leave feeling like I ran a marathon. I'm a little scared by a larger CES.

Saturday, November 26, 2016

Hyper color McLaren.

I spent a lot of time on this car. the owner has it roped off so tight. Boy you can tell the new money. Finally by the end he took the ropes down and I could get better shots. But this thing was mobbed the whole time.

Friday, November 25, 2016


When you walk into a room and see this - you are going to get your ass handed to you. Doom doesn't play nice.

Tuesday, November 22, 2016

Next year all these phonies will claim they wanted this all along.

Every time I hear someone call Trump an isolationist I go over and look to see what the dollar is doing. And I just laugh inside and wonder if they are ignorant, or willfully ignorant. I'm guessing both.

For a few months(maybe since summer), I've been saying that I thought the dollar would become very strong if Trump won. And that seems to be playing out. This economy has been basically plagued by a vote of no confidence with the Obama Administration. And that is all about to change. I think the dollar becomes much stronger. But while this sounds awesome on the surface. The reality is that when the dollar is so strong our exports take a hit. 

Globalism isn't an infinitely expanding pie. Unless the Middle East all of a sudden decides they want to work. Only then will Globalism will take another step  forward. Americans were sort of okay with all of their jobs being off shored because we got cheaper goods from abroad. It sort of tricked them into not caring as much that their wages were not going up  because their paychecks were still going farther than they did before. But China is becoming a mature economy. The benefit of off shoring plateaus and this is where we find ourselves now.

I think when Trump "forces" companies to stay here it will be a huge sigh of relief for most of corporate America. And I say "force" a bit tongue is cheek because it's sort of a con. And I will tell you why. 

First of all, if he does manage to reduce the tax rate. He isn't going to have to force anyone to do anything. They will be falling all over themselves to set up shop in America. (which also BTW will cause the dollar to strengthen more)

Second - since I go to a lot of emerging technology talks I hear a lot of horror stories involving China. Just this year I heard someone guy talk about how the failure rate of Chinese goods is still very high. I should have a number to quantify that, but basically my brain explodes with - how is that still a problem? China has been doing manufacturing for a really long time now. And then I forget to mentally take notes on the numbers. But anyway, I think manufacturers would die to onshore. And Trump gets to talk tough, while letting people do what they naturally want to do anyway.

Sunday, November 20, 2016

My weekend in a nutshell.

The hamster wheel only stops around here when the rain comes. It's the only thing that gives you permission to be lazy. So, I've been basically playing DOOM 2016. And trying to figure out my mantel design. My fireplace has basically been one of those forever projects. And I'm finally getting close to wrapping it up. Fireplaces are really hard. It's the last thing people are going to redo. So you have to keep an eye for your future buyers. You can't get too crazy. And you have to learn how to replace the whole thing on your own. Because most people don't do that.

I'm a huge minimalist - but one day I'm going to sell this place and I don't want it to look too masculine. Before, it had a colonial theme which I hated. And the surface was super shiny so it reflected every light that was on.

Mr S. is CAD modeling it today because I can't figure out if I want to keep it a natural wood or paint it white. The natural wood gives it a warmer feel. But I'm super anal about nail holes. So if I went that way I would have to build it in a way that disguises all of those. Which I'm pretty sure is going to be a pain in the ass. But all that stuff catches my eye. This is why projects take so long at the snarkolepsy household. I'm the girl who walks into a bathroom and can't figure out why the tile lines aren't right.

Below is the most minimalist version. The left side is painted white. The right side unvarnished natural wood. I haven't figure out all the detail yet. But I did buy some more clamps today so I can add more elements.

This is a more contemporary version.

Friday, November 18, 2016

Shine bright like a diamond.

Smart fabrics have gotten amazing in every single way. Last year I was thrilled they were printing circuit boards on plastic gloves. This year they are printing on saran wrap. Everything is softer.

These were so low power I think they were getting the power for these chips from the air.

Sometimes these photos don't really capture well. But it's not quite interesting enough to take a video of. The brown area had strobing tiny LED lights.

It's quite impressive how bright the low powered LED's are. Shockingly bright. And you can wad this thing up into a ball because it's so soft and flexable. This shot is not overexposed. You can see how it lights up his face.

Energized paper from Powercoatpaper.

One of the more interesting technologies I've run across lately is paper embedded with LED's that gets it's power from your phone via NFC. (Near field communications) The box above actually blinked at you. I tried a million times to get a shot of it lit up and I just couldn't. I thought about taking a vid, but I was sure this company would have it's own videos. You can see the box is sitting on a power mat though. The images below you can see in one shot the LED's are lit while the other shot it is not.

I actually spent a crazy amount of time Googlefu'ing to try and get you an example. but this tech is really super new. The best I could find was people using this technology for nail art. I know guys! That is not your thing. But skip through to 1 minute 18 in the video at the end.

If the company happens to run across my site - please point me to a vid. Because I scrubbed the net for a really long time and I couldn't find anything.

I think it was two years ago at CES - Krogers had a supermarket display there that was using this too. When you stuck boxes on the charging shelf, the boxes lit up. I don't know if this tech is going to take off. I only know girls really like sparkly things...and little LED's are sparkly. It definitely does get your attention. And really the most amazing thing is that NFC is a power source. I didn't know that. I adore NFC because it's the easiest ways to get images from one NFC device to another.

Home site here.

My burb is crushing it right now.

The rain comes tomorrow so I think I've squeezed all the color I can out of these.

Thursday, November 17, 2016

Incubators - the latest MLM scheme?

For a little while now I've been trying to figure out why there is a tech incubator on every block here in Silicon Valley, yet pretty much nothing is coming out of them. It's really ~super~ frustrating.

I guess it costs a couple of grand to sign up. The end.

One day I'm going to tell you about my Uncles addiction to get rich schemes. I think he'd probably sign up for this. Stay in your garage people.

Dear Santa. I'd like a lump of this in my stocking.

Screw getting coal in your stocking. I'd like a lump of graphite! And if you knew how much this rock could potentially cost - you'd want that too.

Graphene is the new wonder material which is made from graphite. It's super strong yet lightweight. I'd never seen what it looked like when it came out of the ground. Which is why you are getting this post. They turn this rock (graphite) into graphene below.

I forgot how much they told me the bottles below cost. Because it was so expensive it blew my mind. I think it was somewhere in the 10,000 dollar range. Yet it was shockingly light.

Apparently because of the chemical makeup of graphene they don't grind this rock up to make the powder. They put in in a solution and it separates itself. And that is about all the entertainment I can squeeze out of this topic.

This ends our talk today on graphene.

Wednesday, November 16, 2016

Mothership Aeronautics Solar Drone.

I got to see this interesting concept demo'ed yesterday. Currently the application they are focusing on is pipeline inspection.  This job is really costly right now. Presumably this drone will be able to stay in the air and just travel the pipes sending info back to the Mothership headquarters indefinitely. I'm not sure how they are going to work out the wind variables. But it is an interesting concept.

That looks completely normal. Said in the most sarcastic way.

The banks are front running the Fed again. Since Trump won, interest rates have gone up about a half of a point. I know the banks are capitol starved, but I'm not sure the people who run banks understand how to run banks. I always think - they must know where the pain point is. But obviously they don't. At 4% the market is nearly dead. Refi's most assuredly are completely dead.

Every single time the banks do this - rates collapse. And if the Fed raises in Dec (and I think they will) it will only cave rates more. The market just isn't quite ready for it yet. The way the banks do this is the craziest thing I've ever seen. It's like a kid who hasn't ever had chocolate, then find a tub of chocolate and then proceeds to eat the whole thing.