One thing about life in america we can always be sure of; if we can be fooled once, we can be fooled twice. That is, if the Bush Administration dares to continue refuting hard evidence that Iran curtailed its nuclear program back in 2003. I don't know if anyone is prepared for another war; are you? I wasn't ready for the Drama in Iraq either! Still, our president and his criminal friends are trying to set the stage once again.
We have enough problems. Investment Banks are beginning to show market wear and tear, the mood around much of the U.S. about its residential real estate is nasty, the media continues to dance on every rumor or comment about the economy, and now we have Wag The Dog style sound-bites about Iran escalating from the White House. Can we all just take a break?
Just remember to stay calm, collected, and remember history. When blood is running through the streets, start buying hard assets. I am. While doing that, I'm also keeping an eye on some stock purchasing. Citigroup, BofA, WAMU. I'm a contrarian, what can I say?! Always have been. But history is on my side. How about you?
The guilty verdict over DJ DV One's trial was a huge surprise to many of us following it. His sentencing is on December 14th in Seattle. Many are saying he won't receive more than probation. I hope that's true. But then, I've been swearing up and down for the last year in this column how the case was going to get squashed; clearly, it has not. My predictions about real estate and music Industry have enjoyed a better track record. All we can do now is support Toby during this time. How about you?
I found out about the Andre Nicotina show way too late. I hope his opening act, Sonny Bonoho, killed it as usual. Sorry I missed it.
One thing I won't be slippin' on is the Block Teamsters Union compilation, coming soon. The feature track by Beezie 2000 is receiving Seattle radio support already, and I'm hoping to receive the treatment for the video, soon. Not sure what my appearance on it will be, just look for the old guy somewhere in it! www.BlockTeamstersUnion.com for more info..
It was exactly a year ago today how O'Asian (downtown Seattle) told me they were never going to turn themselves into a club, even though the place was beautiful but dead. How tunes change. Now it's the hottest Friday/Saturday night club venue in Seatown. So hot that I couldn't find parking to meet friends at McMormick And Schmicks six blocks away! You were warned here first!
BUZZ FOR DECEMBER: Vudu, Major League Soccer (www.mlsinseattle.com ), Gansevoort South Hotel (Miami), Champagne vineyards coming to England? Jia Shanghai (www.JiaShanghai.com ), R.I.P. George Osmond / one of the world's greatest promoters, Never Enough (book release), The Bathing Ape L.A.
WANKSTER FOR DECEMBER: A site called www.SeattleBubble.com . These doomsday knuckleheads have been predicting the meltdown of Seattle housing for over a year and a half now. They show stupid charts and graphs from markets having nothing to do with us and take numbers out of their asses about declines of 20-40%. Meantime, the REAL pros know metro Seattle will be seeing another 3% increase across the board! Just give it up, bubble heads!
SHOUT-OUTS For Year-End: All the clients, friends, Drama readers, O.G.'s, newbies, players, hustlers, bartenders, socialites, pimps, MC's and tastemakers!
"Traditions Are Group Efforts To Keep The Unexpected From Happening"
Barbara Tober
Gene Dexter, Urban Diarist
www.CrazyPinoy.com
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Well, I certainly had it wrong about percentage losses since 2007. However, my analysis was based on residential market conditions and not global financial considerations and credit meltdowns. That, after all, is what kicked our homes over the cliff, not supply vs. demand. Seattle has taken a 20-25% haircut, depending on which neighborhoods we're talking about. For 2010, I have no comment!
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