BR: Funny you say that — I referred to the NAR chief economist as Baghdad Bob in one of the “previously” links mentioned: Former NAR Economist David Lereah is a Jackass (January 6th, 2009)
Soylent Green Is People Says:
September 1st, 2010 at 11:11 am
If your stocked up on Insulin, try the ever sugary http://www.positiveonrealestate.com/ for your daily firehosing of rich, delicious Kool-Aid. You thought the NAR was hyper sunny. They’re simpletons compared to whomever runs this site.
You’ve been warned….
Soylent Green Is People.
Soylent Green Is People Says:
September 1st, 2010 at 11:13 am
If you’re fully stocked with Insulin, try http://www.positiveonrealestate.com/ for a daily firehosing of rich, delicious Real Estate Kool-Aid. You think the NAR is hyper sunny? They’re simpletons compared to the people who run this site.
You’ve been fairly warned.
Soylent Green Is People.
September 1st, 2010 at 11:32 am
How long before we reach Sanford’s step 12?
September 1st, 2010 at 11:45 am
I used to work at NAR. And I once time forwarded a blog post by Barry Ritholtz to Lawrence Yun, kind of just as a heads up. Lawrence was none too pleased. Heh.
September 1st, 2010 at 11:49 am
BR, you can continue with the “Bank Spin, Auto Company Spin, etc.” Take your pick….
September 1st, 2010 at 11:53 am
Take your pick…
“The manufacturing sector has maintained its momentum at least through August,” said Zach Pandl, an economist at Nomura Securities International Inc. in New York. The report “makes clear the economy is not slipping into recession any time but it’s still reasonable to be concerned about where we’re heading over the next three to six months.”
General Motors Co.’s sales fell 25 percent last month and trailed analysts’ estimates, as the U.S. auto industry headed for its worst August in 28 years.
GM said deliveries fell to 185,176 from 246,479 last August, when the U.S. government’s “cash for clunkers” incentive program boosted sales.
Soylent Green Is People Says:
September 1st, 2010 at 11:56 am
Regrets for the double post. The first one did not show so I rewrote it again. I confess to my foolishness.
September 1st, 2010 at 12:02 pm
Since the time I bought my first house, the cry of the Realtor(TM) has been, ‘Buy now, before prices go up!’
They are Permabulls, like many Wall Street brokers — not to be taken seriously. Pay them for transacting, not for their stuck-clock market predictions.
And — until proven otherwise — don’t regard them as professionals. That’s what the idiot NAR has accomplished — to deprofessionalize the image of a group which includes some very dedicated people. It took the NAR decades of hard work to break into the circus-clown limelight. Take a bow, bozos!
September 1st, 2010 at 12:07 pm
I doubt it’s the NAR’s fault that people expect their homes to appreciate 10% a year. Nobody really pays attention to them outside the statistics junkies I would wager. I blame exactly the kind of stupidity that has proven to be rampant across all sectors of the economy. Oh, and, you know – unrelated – it’s time to go watch Dick Fuld.
Mark Wolfinger Says:
September 1st, 2010 at 12:16 pm
The news media eat up those NAR reports.
Surely you have contacts at the big media to whom you can pass along this report with the hope that someone does the right thing.
September 1st, 2010 at 12:21 pm
There is no one thing to blame for all this. The NAR is not the cause of the bubble. Wall Street is the proximate facilitator but not really the cause. Washington was a complicit beneficiary but not the cause. Assholes who bought homes that cost more than three times their income are victims and perpetrators but not truly guilty of anything but stupidity and gullibility. Lereah, Yun, and the NAR are in the unfortunate position of being mouthpieces for this mass hysteria so they are singled out.
But in reality, Lereah is no worse than any US president or member of congress when it comes to huge, important lies. What about the pope or any priest with a pulpit? The hellfire and brimstone, homophobic racists on the Bible Belt circuit? Imams calling for jihad. Etc.
Personally, I think the NAR is guilty of high crimes and treason against the US, having done more damage to our country than any blind or diabetic islamic terrorist. And what do we try to do to islamic terrorists? And what should we do to all members of the NAR? Anyone? Anyone? Bueller?
How the Common Man Sees It Says:
September 1st, 2010 at 1:03 pm
What do they expect when they are always selling houses as investments and not places to live? In the investing world RE is the equivalent of the summer resort if we are talking timing. What I’m saying is that the owners of a summer resort know their product is only marketable a few months out of the year and that is what they target for.
Do you think the folks in the RE industry and/or the NAR want to be telling folks their ‘investment dream’ is only a great deal a few years out of many in the investment cycle? NO! That would put them out of business for years until the crowds came back every cyclical summer
That’s not gonna happen
September 1st, 2010 at 1:31 pm
Red pill HGTV sounds like a fabulous idea–to replace that NAR of the “financial” TV, CNBC.
Julia Chestnut Says:
September 1st, 2010 at 3:04 pm
The NAR are liars, and they aren’t even very good at it. Lawrence Yun is a laughing stock. The people who need to be strung up are the corporate media outlets that just take the press releases full of whoppers along the lines of “cotton candy cures cancer!!!!!!!!” and reprinting it along side what passes for “news.”
Industry shills are industry shills and always have been. What has changed is any semblance of concern for truthful and accurate reporting of statistics, facts, and trends. Statistics, facts, and trends are considered so malleable these days, no one worries about what conflicts of interests the spinners may have – they just care how little they have to rewrite it from the NAR’s website before press/broadcast time.
September 1st, 2010 at 4:35 pm
Why is that *every* article written by or quoting a real estate professional includes the refrain “It’s never been a better time to buy.” ?
Reminds me of the warning how do you know a politician is lying…
September 1st, 2010 at 6:55 pm
It’s so true I recently had an experience where the local newspaper quoted me, after I said that our local market was going to decline, in my blog: http://loganrealestate.blogspot.com/2010/02/number-of-logan-homes-for-sale.html The local Board President came to me and told me not to speak with the media anymore. He said those in leadership had special “training” in how to handle media.
The ironic thing is that my market falling predictions came true. But we don’t want the public to know the truth do we.
September 1st, 2010 at 8:37 pm
The “Blue Pill” being Viagra. Or, in other words the NAR is saying “Up yours”?!!
September 1st, 2010 at 9:30 pm
I have beaten up on RE agents a couple times over the last year:
I totally agree with your assessment of the foolish way they operate. In fact, the growth of my side business as a broker is largely due to the fact that I refuse to spin BS the way they do.
BTW, thank you for the link yesterday. I greatly appreciate it, and I am flattered that you stop by and read my blog.
September 2nd, 2010 at 8:36 am
“In other words, mislead the public with spin. Create false hope. Lie.” – Sir, that is NAR’s job as a trade association. Please name one trade association that does not do this.
The third wave of programming for the sixth edition of Fantastic Fest, happening September 23rd-30th in Austin, Texas, has been announced with the highlights being the US premiere of the hyper-stylized action film Bunraku, a sneak preview of Darren Bousman’s terrifying new horror-thriller Mother’s Day, and the world premiere of Agnosia, the latest film from Fantastic Fest 2005 alumnus Eugenio Mira.
A total of 20 films have been added in this latest wave, and we're including them all here, even if a few aren't strictly horror, just to give you an idea of how truly diverse Fantastic Fest is. For the other films screening that week, click here for all our Fantastic Fest 2010 coverage.
Director: Eugenio Mira, Spain, World Premiere
The producers of Pan’s Labyrinth and The Orphanage present a truly unique romantic thriller from Fantastic Fest veteran Eugenio Mira (The Birthday). “I’ve read few screenplays in my life that have impressed me as much as Agnosia,” said director Guillermo del Toro. Director Eugenio Mira will be live in person.
Director: Guy Moshe, USA, US Premiere
In a world with no guns, a mysterious drifter (Josh Hartnett), a young samurai and a bartender (Woody Harrelson) plot revenge against a ruthless leader (Ron Perlman) and his army of thugs, headed by nine diverse and deadly assassins. This visually stunning film is filled with uniquely choreographed action sequences of a new style that melds east with west and old school with new. Director Guy Moshe will be live in person.
Mother’s Day (2010)
Director Darren Bousman, USA, Sneak Preview
After a botched robbery, three brothers, one severely injured, burst into their mother’s house, only to find that she lost it months earlier in a foreclosure. The new owners (Jaime King and Frank Grillo) and their guests, gathered for an ill-timed birthday party, become the brothers' unwitting hostages. With the situation quickly devolving, the brothers have only one choice: call Mother (Rebecca De Mornay) to mastermind their escape. Director Darren Bousman, Rebecca DeMornay & Jaime King will be live in person.
Director: Robert Schwentke, USA, Sneak Preview
Based on the cult D.C. Comics graphic novels RED is an explosive action-comedy starring Bruce Willis, Morgan Freeman, John Malkovich and Helen Mirren. Frank, Joe, Marvin and Victoria used to be the CIA’s top agents – but the secrets they know just made them the Agency’s top targets. Now framed for assassination, they must use all of their collective cunning, experience and teamwork to stay one step ahead of their deadly pursuers and stay alive. To stop the operation, the team embarks on an impossible, cross-country mission to break into the top-secret CIA headquarters, where they will uncover one of the biggest conspiracies and cover-ups in government history. Karl Urban (Star Trek, Lord of the Rings) will be live in person.
SPECIAL EVENT SCREENINGS
Class of 1984
Special screening to celebrate the debut of new book “DESTROY ALL MOVIES!!! The Complete Guide to Punks on Film” edited by Zack Carlson & Bryan Connolly. More info on the book here.
The year is 1984. A rabid pack of rampaging punk teens run our schools, our drugs and our prostitutes. Brutality and decadence are everywhere. Enter first-year teacher Andrew Norris (Perry King), who’s forced to violently turn the tables on the bloodthirsty gang before their trashwave swallows the town alive. Writer/director Mark L. Lester’s reckless masterpiece debuted at Cannes Film Festival to severely divided reviews.
What detractors and many thrill-seeking fans both sadly overlooked was the fact that the movie had been done exactly right. Each actor turns in a memorable, convincing performance amid knifings and punk slam pits. Beloved ham Roddy McDowall pulls off what may have been his best scene of the decade. The film moves constantly forward at full speed, with humor and intelligent dialogue balancing out the horrors perpetrated by the vicious teens. Class of 1984 is a perfect exploitation film. It’s relentlessly seedy, overflowing with assault, suicide, racism, drug use and crime crime crime, all of which is perpetrated by minors! The tension of victimization and vengeance create some of the most stirring scenes of violent retribution on record. But beyond all this, there’s a bitterly absorbing air of human helplessness and leather-clad heartlessness that makes this movie the flat-out best in its genre.
Master Pancake Theater – Independence Day
During Fantastic Fest 6, the boys of Master pancake will be skewering the It’s A Mad Mad Mad Mad World of sci-fi disaster flicks. Featuring a massive cast of pretty good A-listers (Will Smith, Bill Pullman, Jeff Goldblum) and awesome B-listers (Judd Hirsch, Harry Connick Jr., and Brent "Data" Spiner) in the fight of their lives against a horde of invading aliens. Marc Savlov of the Austin Chronicle called ID4: "A gasping, bloated roller-coaster ride that veers from scenes of truly awesome destruction to stretches of numbingly bad melodrama and back again." The president himself, Bill Pullman, will be joining the Pancake team to mock the hell out of this bloated rollercoaster.
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Mel Brooks' Star Wars parody is soooo much more than just a parody film, bursting with the sorts of jokes that the writers of all the recently-made and vastly inferior "spoof films" only wish they could dream up. If your Schwartz is as big as mine, you're probably uncomfortably excited with just the prospect of this show happening. Somewhere in space, Dot Matrix's virgin alarm is ringing loudly. For this special voyage of the Eagle V, Lone Star himself (Bill Pullman) will be live in person to kick off the fun.
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The Intergalactic Nemesis
The year is 1933. Pulitzer-winner Molly Sloan and her assistant Timmy Mendez are on the trail of a story so big, it's impossible to believe. The Intergalactic Nemesis is a truly unique live show. Imagine a modern spin on the radio serial that combines projections of 1250 hand-drawn comic illustrations, 3 voice actors performing a wide array of characters, a foley artist performing 100s of sound effects and an award winning pianist performing a riveting live score. You've never experienced anything like it!
ADDITIONAL FEATURE FILM OFFICIAL SELECTIONS
14 Blades (2010)
Director Daniel Lee, Hong Kong, Regional Premiere
Betrayed by his fellow Imperial bodyguard soldiers, Qinglong (Donny Yen) must seek out and rally the loyalists to rise and restore the Emperor to power. In his way are the deadliest assassins in the land, his former brethren, the Jinyiwei.
Bibliotheque Pascal (2010)
Director Szabolcs Hajdu, Hungary/France, Regional Premiere
In order to regain custody of her daughter, Mona sets off on a surreal journey that will take her to the shadowy world of sexual slavery in Bibliotheque Pascal, the strangest brothel you could ever conceive.
Cold Fish (2010)
Director: Sion Sono, Japan, Regional Premiere
Equal parts black humor and bloody dementia in this true crime portrait of a Japanese tropical fish dealer responsible for over forty murders.
A Horrible Way To Die (2010)
Director: Adam Wingard, USA, US Premiere
When a serial killer escapes from prison, the dangerous past of a young woman dealing with alcoholic rehab quickly begins to catch up with her. Director Adam Wingard will be live in person.
In the Attic (2009)
Director: Jiri Barta, Czech Republic, Regional Premiere
Courageous toys from an old suitcase undertake a dangerous journey through a forsaken attic to rescue their friend, Buttercup a beautiful doll who finds herself in the clutches of the all-powerful plaster Head, ruler of the Empire of Evil.
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The Last Circus (Balada Triste) (2010)
Director: Álex de la Iglesia, Spain, US Premiere
Álex de la Iglesia's genius for dark humor is at its most eloquent in his latest parody about the Spanish Civil War. Two clowns attack and disfigure one another in jealous rages over a beautiful dancer. In the name of love, they destroy the very object of their affection. Director Álex de la Iglesia will be live in person.
Mutant Girl Squad (2010)
Directors: Tak Sakaguchi, Noburu Iguchi, Yoshihiro Nishimura, Japan, Regional Premiere
In 2009, Tak Sakaguchi (Be A Man! Samurai School), Yoshihiro Nishimura (Tokyo Gore Police) and Noboru Iguchi (Robogeisha), got drunk and vowed to make a movie together. One year later, here it is. This splatter-ific, fetishy, hyperactive take on the X-Men is going to shock, horrify and delight you. Director Yoshihiro Nishimura live in person.
Naan Kadavul (2009)
Director: Bala, India, North American Premiere
Naan Kadavul is like an Alejandro Jodorowsky version of a Bollywood movie. A long haired Vedic ubermensch burns corpses, lives in graveyards, smokes dope, beats up people, and proclaims himself to be God before he eventually become the savior to a collective of severely deformed beggars. Do not miss this film.
Rare Exports: A Christmas Tale (2010)
Director: Jalmari Helander, Finland, US Premiere
Santa Claus is somewhat less than jolly - in fact, he's the stuff nightmares are made of - in Jalmari Helander's Rare Exports, an atmospheric and witty re-working of a cherished folk tale. Co-writer and co-creator Juuso Helander will be live in person.
Richard Garriott: Man on a Mission (2010)
Director: Mike Woolf, USA, Encore screening
Last year Richard Garriott became the first son of an astronaut to go to space, but this is no millionaire’s joy ride, he pioneered private space travel to make his dream come true: from his training in Russia to his launch in Kazahkstan to the dramatic, never before seen footage inside the capsule during fiery re-entry, this is a historic moment in human space travel. Richard Garriott live in person.
Summer Wars (2009)
Director: Mamoru Hosoda, Japan, Austin Premiere
When an online social networking community gets attacked by a piece of sentient malware that threatens to deliver a denial of service attack to the entire world, one girl and her massive extended family unites to restore peace to cyberspace. Gorgeously animated with tons of heart and soul to boot, Summer Wars is one of our favorite anime titles in recent years.
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Director: Damir Lukacevic, France, North American Premiere
Herman and Anna, a wealthy aging couple decides to extend their lives by leasing the bodies of two young Africans. For one million euros, the Africans signed away their lives for 20 hours a day, but in the 4 hours a day they have back in their own bodies, they begin to regret the arrangement.
Fantastic Fest is the film festival with the boring parts cut out. Miss this one, and your regrets will agonize you for years to come. You have been warned.
For more info visit the official 2010 Fantastic Fest website.
- Uncle Creepy
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Submitted by Uncle Creepy on Wed, 09/08/2010 - 6:24pm.
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