{"id":7495,"date":"2009-03-16T22:53:50","date_gmt":"2009-03-17T05:53:50","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=7495"},"modified":"2010-06-26T10:27:42","modified_gmt":"2010-06-26T17:27:42","slug":"what-do-you-mean-stop-the-party-we-havent-ripped-off-the-new-neighbors-yet","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/7495\/what-do-you-mean-stop-the-party-we-havent-ripped-off-the-new-neighbors-yet\/","title":{"rendered":"“What do you mean, stop the party? We haven’t ripped off the new<\/u> neighbors yet!”"},"content":{"rendered":"

One of the fun devices in Part III of Atlas Shrugged<\/em> is something author Ayn Rand called “the policy of the microsecond.” Despite the high-flown philosophical claims of the looters, their actual motivation was never anything other than “the expediency of the moment” — one absurd rationalization after the next, justifying theft and visiting the consequences of that theft upon its victims.<\/p>\n

Just about a month ago, as a comical palliative for the housing mess, I wrote this as a joke:<\/a><\/p>\n

[I]t would make great sense to make immigration to America easier and faster. Imagine having neighbors who work hard, pay their bills on time and can spell correctly!<\/p><\/blockquote>\n

That’s the logic of the policy of the microsecond. We don’t want to stop stealing wealth from innocent people. We don’t want to amend our ways and do better going forward. We don’t want to undo the awful damage occasioned by centuries of accelerating criminal government. No. All we want to do is find a way to get through this crisis. We’ll worry about the crisis caused by this<\/em> “solution” — the crisis of the microsecond after<\/em> this one — later on.<\/p>\n

So guess what happens? I might have been joking, but we live in a world beyond satire. From the Wall Street Journal:<\/em><\/a><\/p>\n

The Obama administration should seriously consider granting resident status to foreigners who buy surplus houses in this country. This makes more sense than the president’s $275 billion housing bailout plan, which Americans greeted with a Bronx cheer.<\/p>\n

The federal bailout forces taxpayers to subsidize overextended homeowners who bet on ever-rising house prices and used their abodes as ATMs, and it doesn’t get to the basic problem — the huge inventory of excess houses. We estimate that 2.4 million houses over and above normal working inventories are left over from the 1996-2005 housing bubble. That’s a lot, considering the long-term average annual construction of 1.5 million single- and multi-family units.<\/p>\n

Excess inventory is the mortal enemy of house prices, which have already fallen 27% since the peak in early 2006. We predict another 14% drop through the end of 2010 if nothing is done to eliminate Read more<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

One of the fun devices in Part III of Atlas Shrugged is something author Ayn Rand called “the policy of the microsecond.” Despite the high-flown philosophical claims of the looters, their actual motivation was never anything other than “the expediency of the moment” — one absurd rationalization after the next, justifying theft and visiting the […]<\/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":[62,29,6,5],"tags":[],"class_list":{"0":"post-7495","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-dirty-laundry","7":"category-group-therapy","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":18379,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18379\/overnight-news-face-facts-marxism-is-genocide-by-preference\/","url_meta":{"origin":7495,"position":0},"title":"Overnight News: Face facts: Marxism is genocide by\u00a0preference.","author":"Greg Swann","date":"August 9, 2021","format":false,"excerpt":"Aboriginally, Marxism is patricide by proxy. Fathers with Cautious need as their first or second priorities \u2013 recalling that much of the post-Calvinist West is Cs at home \u2013 tend to produce rebels or replicas. Guess which Marx was? Both as expressions of their individual upbringing and as the motive\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17448,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17448\/overnight-news-ants-repudiate-grasshopperism-in-a-national-landslide-grasshoppers-cant-catch-a-clue-for-dancing\/","url_meta":{"origin":7495,"position":1},"title":"Overnight News: Ants repudiate Grasshopperism in a national landslide. Grasshoppers can\u2019t catch a clue for\u00a0dancing.","author":"Greg Swann","date":"November 8, 2020","format":false,"excerpt":"The purpose of The Big Lie \u2013 shattered into infinite lies as Political Correctness \u2013 is to humiliate: The tyrant of the microsecond dares you to tell the truth, triumphing in your acquiescence. To hell with that. So: Here's a simple fact: China Joe Biden is the beneficiary of massive\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15527,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15527\/the-reformed-broker-five-reasons-facebook-is-over\/","url_meta":{"origin":7495,"position":2},"title":"The Reformed Broker: “Five Reasons Facebook is Over”","author":"Greg Swann","date":"January 3, 2012","format":false,"excerpt":"It's probably wrong for me to talk about Facebook at all, since I simply do not get it. I have been trading ideas on the nets since there was only one net, but I have never understood small talk in real life, much less in HTML with loosely-connected strangers. Even\u2026","rel":"","context":"In "Egoism in Action"","block_context":{"text":"Egoism in Action","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/egoism-in-action\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18253,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18253\/overnight-news-if-we-cant-make-faking-a-hate-crime-criminal-can-we-at-least-make-it-embarrassing\/","url_meta":{"origin":7495,"position":3},"title":"Overnight News: If we can\u2019t make faking a hate crime criminal, can we at least make it embarrassing?","author":"Greg Swann","date":"June 23, 2021","format":false,"excerpt":"\u201cThey spray-painted all over our building \u2013 in our own incomprehensible jargon!\u201d The quote is a joke, but, alas, the news story is not. If that's not a fake hate crime, bill me for one edible hat. If instead it turns out to be a fund-raiser, try to cultivate some\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8522,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8522\/no-more-free-lunch-understanding-the-national-association-of-realtors-all-the-way-down-to-your-bones\/","url_meta":{"origin":7495,"position":4},"title":"No more free lunch! Understanding the National Association of Realtors — all the way down to your bones…","author":"Greg Swann","date":"May 19, 2009","format":false,"excerpt":"Michael DiMella wrote the remarks quoted below in a comment, but I've extracted them and my responses to him into a separate post. The meta issue is this: Is the NAR a criminal conspiracy against consumers, and, whether or not it is, is there nothing else good about it? Michael\u2026","rel":"","context":"In "Egoism in Action"","block_context":{"text":"Egoism in Action","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/egoism-in-action\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":15256,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15256\/why-do-liberals-and-progressives-in-america-deny-their-beliefs\/","url_meta":{"origin":7495,"position":5},"title":"Why do Liberals and Progressives in America deny their beliefs?","author":"Al Lorenz","date":"October 31, 2011","format":false,"excerpt":"While reading Jeff's post asking about how people can justify theft from others in the name of government, I was most stricken by the absolute denial from those who defended more and more taxation have over their own beliefs.\u00a0 Even though they clearly support socialism, and can put forward tales\u2026","rel":"","context":"In "Big Mother"","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/7495","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=7495"}],"version-history":[{"count":2,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/7495\/revisions"}],"predecessor-version":[{"id":7496,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/7495\/revisions\/7496"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=7495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=7495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=7495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}