Saturday, March 28, 2009

New house

We arrived today at our new house 120 miles or so west of our place on the edge of both the prairie and the Hiawatha valley. The Hiawatha Valley (and its nearby trout streams) are a good ways back now. The pheasants are closer and we're still a couple hours drive away from my folks.
We're in lake country now. The new place is just a quarter mile from the closest one. The movers (mostly Quist family members) came and helped us pack Wednesday and Thursday. I met with the banker Friday and signed a loan that will be paid off when I'm 65. The movers met us at the new place with their 53 foot truck and unloaded the contents of our old home into our new one.
It's been an amazing day to watch so much into this house in such a short time. Now we're learning the new sounds of this old house.

+++

We keep praying for friends in Fargo hoping that they are allright. Please keep them and others in the Red River Valley before Gods throne.

Pax,
unlikely.

Friday, March 20, 2009

My plan to end the recession

I've been reading some about the current recession being the product of greed and regulatory indifference. So now I am wondering what would happen if we started with the opposites? Sgt C (christopher-calbat.newsvine.com) put the formula for the crisis like this
unbacked assets + immediate equity on securities - oversight + deregulation x greed - ethics = FAILURE!!

So my proposal to get out of the mess is to do the opposite thing.
real assets - equities with real value + oversight + regulation * generostiy = a stable economy

Real assets. We already have assets starting to take on relatively stable value (if you can see the difference in housing prices in 2009 vs 2005 you can see that we have more stable values today than 4 years ago). We still need to pull in short sellers and others who are undermining the value of goods and services today.

- equities with real value. Its time to limit equity markets and funds to selling shares limited in scope to actual assets or sales (real property, machinery, patents, proprietary technology, cash etc.) Yes the fast buck era is over for most on Wall Street; but real growth might actually take place now that the profiteers are all asking for bail outs.

+ oversight (the FDIC is ramping up today like it hasn't in years)

+ regulation (lets not ever get back to this type of market again

all this multiplied by generosity and altruism

= a stable national economy

tell me what you think
Unlikely

Friday, March 13, 2009

Newsvine Article: Real Estate Still Moving in Olmsted County, MN

Real Estate Still Moving in Olmsted County, MN

Summary:
There's one bright spot in the toboggan slide knows as Minnesota Real Estate prices. It's Rochester and the rest of Olmsted County. As prices in the Twin Cities metro area continue to fall this one area just 90 miles southeast down US Highway 52 is surprisingly stable.


Visit the article by clicking this link:

http://unlikelybanter.newsvine.com/_news/2009/03/13/2545025-real-estate-still-moving-in-olmsted-county-mn



Tuesday, March 10, 2009

Moving on

My bride and I are getting ready to move a new home. We have a first time home buyer coming for inspection tomorrow. It's a little to worry about; but as a seller in this market its a good reason to hope.

Our world's changing fast. My last Sunday in my current call is just a few days away; our littlest girl is sleeping in my arms and it looks like we'll be moved to a new home at the end of this month. Wow. We sure feel very blessed.

Wednesday, March 4, 2009

Hello!

Hey Kristi
thanks for the note

I'll post it as a comment

john