{"id":163,"date":"2006-08-02T08:04:00","date_gmt":"2006-08-02T15:04:00","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=163"},"modified":"2006-08-02T08:51:11","modified_gmt":"2006-08-02T15:51:11","slug":"high-phinance-on-the-editorial-page","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/163\/high-phinance-on-the-editorial-page\/","title":{"rendered":"High phinance on the editorial page . . ."},"content":{"rendered":"<p>I lived in Phoenix when the <i>Arizona Republic<\/i> was still a great American newspaper, a daily example of how good a mainstream media outlet could be if it worked from fact, not bias. The Copy Desk &#8212; the folks who write headlines and captions &#8212; was rich with poets and punsters in those days, which meant a lot to me, too.<\/p>\n<p>Long gone. The paper was bought by Gannett and over the last decade has been infested if not infiltrated with ideologues. Even the smallest item is suspect, but major issues are <i>always<\/i> reported from the slant of one long-range agenda or another. For example, the repeated mentions of allegedly homeless schoolteachers and firefighters is part of a propaganda campaign to pass &#8216;affordable housing&#8217; legislation. Soviet-style, the paper will run half-a-dozen glowing puff-pieces on a pet topic on one day.<\/p>\n<p>That&#8217;s the bad news. The good news is, they&#8217;re really bad at it. Anyone schooled in rhetoric can see right through it. Here&#8217;s an example <a href=\"http:\/\/www.azcentral.com\/arizonarepublic\/opinions\/articles\/0802wed1-02.html\" target=\"_blank\">from today&#8217;s Editorial page<\/a>:<\/p>\n<blockquote><p>News flash: The law of gravity wasn&#8217;t suspended in the Valley. In last year&#8217;s sizzling real estate market, home prices and sales kept going up.<\/p>\n<p>And up. And up.<\/p>\n<p>At least one of four sales was to a speculator. Prices skyrocketed 55 percent in 2005. Sellers raked in profits as bidding wars drove up prices.<\/p>\n<p>And now, an astonishing number of people are startled to find that the law of gravity still applies to the Phoenix area.<\/p><\/blockquote>\n<p>Ignore the real estate argument, which is really no more or less stupid than the ones that erupt, Tourettes-like, from those afflicted with enbubbulation. What matters is that finance is not physics. Equating the two is specious. So much the better, the idiot editorialist doesn&#8217;t even understand the law of gravity.<\/p>\n<p>So what&#8217;s the purpose? To gull the gullible &#8212; among whom the author might nevertheless be numbered &#8212; into believing that economics describes unavoidable events and relationships in the same way that physics does. Proximate masses must accelerate toward each other, the lesser toward the greater? Yup, and if a market booms it must bust, if Moneybags got richer then Penniless must <a href=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/163\/high-phinance-on-the-editorial-page\/#more-163\" class=\"more-link\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I lived in Phoenix when the Arizona Republic was still a great American newspaper, a daily example of how good a mainstream media outlet could be if it worked from fact, not bias. The Copy Desk &#8212; the folks who write headlines and captions &#8212; was rich with poets and punsters in those days, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2,5],"tags":[],"class_list":{"0":"post-163","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-general","7":"category-real-estate","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8288,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8288\/paper-is-so-20th-century-think-bits-not-atoms\/","url_meta":{"origin":163,"position":0},"title":"Paper is so 20th Century &#8211; Think Bits, not Atoms","author":"Ira Serkes","date":"May 7, 2009","format":false,"excerpt":"More and more I simply create Adobe Acrobat files rather than print articles onto .... paper. I love reading the New York Times .. Sunday print editions... and literally bookmark the page. Then go to nytimes.com, find the article, use the full version of Adobe Acrobat to \"Create PDF from\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17384,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17384\/unchained-melody-for-hunter-biden-read-it-in-the-paper-when-it-come-undone\/","url_meta":{"origin":163,"position":1},"title":"Unchained Melody: For Hunter Biden: \u201cRead it in the paper when it come\u00a0undone&#8230;\u201d","author":"Greg Swann","date":"October 27, 2020","format":false,"excerpt":"That's Christ Knight covering Robert Earl Keen, and it just kills. Here is Robert Earl Keen's version. FWIW, I think being prosperous enough to pay a producer is bad for country music recordings.","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/y6yGjL4ffSA\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1591,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1591\/jeff-brown-hits-the-big-time-copyblogger-praises-brown-and-browns-give-to-get-white-paper-strategy\/","url_meta":{"origin":163,"position":2},"title":"Jeff Brown hits the big time: Copyblogger praises Brown and Brown&#8217;s give-to-get white-paper strategy","author":"Greg Swann","date":"June 27, 2007","format":false,"excerpt":"From Brian Clark's Copyblogger.com, guest contributer Mike Stelzner writes:Mistake #2: On the flip side, how often do you see a white paper that is instantly displayed with the click of a link? While this provides immediate access to a reader, it fails to capture any information or make it easy\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14277,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14277\/if-you-have-any-time-to-spare-from-catching-all-those-paper-fish-on-twitbook-i-have-a-no-fee-referral-for-a-bloodhound-in-mckinney-texas\/","url_meta":{"origin":163,"position":3},"title":"If you have any time to spare from catching all those paper fish on TwitBook, I have a no-fee referral for a Bloodhound in McKinney, Texas.","author":"Greg Swann","date":"March 4, 2011","format":false,"excerpt":"My tenth house for this year is closing today, and I may be leasing up my two vacant rental properties between now and five o'clock. I know, I know -- I'm missing out on all those wonderful paper fish on TwitBook, but my experience is that paper-fish chowder doesn't make\u2026","rel":"","context":"In &quot;Flourishing&quot;","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1535,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1535\/we-finally-made-the-paper-oh-wait-we-didnt\/","url_meta":{"origin":163,"position":4},"title":"We finally made the paper! Oh, wait, we didn&#8217;t . . .","author":"Greg Swann","date":"June 13, 2007","format":false,"excerpt":"I have a pretty much boundless contempt for the Arizona Republic. The paper's real estate coverage is eclipsed in its stupidity only by its insipidity. There is no conceivable issue upon which ASU's Jay Butler is not the absolute authority, and there is never an occasion when the news, no\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1524,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1524\/nadels-critique-of-commission-structures-gets-wider-distribution\/","url_meta":{"origin":163,"position":5},"title":"Nadel&#8217;s critique of commission structures gets wider distribution","author":"Greg Swann","date":"June 11, 2007","format":false,"excerpt":"Mark Nadel's ground-breaking paper on traditional real estate commission models has been published in an abbreviated form in the Cornell Real Estate Review. Nota bene: I embedded the wrong link for the Cornell version of the paper. It's fixed now. Technorati Tags: compensation for buyer representation, disintermediation, real estate, real\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=163"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/163\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}