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The shaved ice at Guppy House is good, but it's so big it's gimmicky. The food is OK. Have you guys tried the shaved snow at The Balcony? Not the best version I've had, but it's rare to find in the US so it's worth a try.

The Hang Seng chart was prettier, though. :)

Maguire walked away from a billion in bad loans recently and I didn't see any moral outrage. In fact, their stock went up over 15% the next day. I don't see why individual homeowners should be held to a higher standard.

I've gotta say, the Asian markets really have much more interesting charts than we do. Look at the cliff diving on the Hang Seng today.

We've built a house of cards in the last year. If we do double dip, it's very easy to imagine the second dip being worse than the first.

Nobody's going to get fired for calling the bottom since everyone else is doing it. If you're wrong, who's going to remember? Calling bottom is also good for business.

"Sub-prime" was the catch phrase of Winter 2008. Is "underwater" going to be the new catch phrase for Winter 2009?

Is this the week the green shoots die? Persistent little buggers just won't go quietly.

Costco is known for their excellent Kirkland private label stuff. Many people are convinced Kirkland vodka is actually Grey Goose. And in a discussion about who has the best rotisserie chicken in the area, Costco always gets at least a mention.

<a href="http://ag.ca.gov/newsalerts/release.php?id=1780&">Brown Orders Mortgage Foreclosure Consultants to Post $100,000 Bond or Face Prosecution</a> <a href="http://ag.ca.gov/cms_attachments/press/pdfs/n1780_registry_list.pdf">List of companies being investigated by California AG</a>...

I have a relative who does not believe in the stock market. He sees it as just more gambling. He saw some spectacular booms and busts years past back in Asia and has refused to put anything more than a bit of play money into the stock market. If you've seen how the Shanghai index has moved...

China's stock market down 10% in the last week. You think the people running our own stock market bubble are getting nervous yet?

The stock market is already in a bubble situation. Some brokers are describing it as "panic buying". And the government's plan to fix the real estate market basically comes down to inflating another bubble and hoping that rising prices fixes everything.

If the stock market tanks sometime in the next year, do you still think Irvine housing prices have bottomed? Or is your bottom call contingent on the stock market bubble not popping?

Maguire Properties stock up 15% on the news. Preferreds up 30%. Gotta love this market!

Is the Chinese government really going to let their stock market bubble burst before October? It's looking like it's starting to head down. If China pops, look out below.

Most Taiwanese will just select the Chinese category. The strongly politically minded Benshenren will make a point of classifying themselves as Taiwanese like on the US Census where there is no Taiwanese category. There's no real way to get a good estimate of the number of Taiwanese because...

It can get kind of heated if you start digging into the Chinese/Taiwanese thing. Not to mention the Waishenren/Benshenren issue. The wikipedia article on Taiwanese in America gives a pretty good summary: <a...

I've had it a few times. It's pretty good. The burritos are the best value, though my coworker prefers the tacos because he likes the corn tortilla with the meat. The sliders are just like the tacos except on toasted mini-buns(like those King's Hawaiian rolls). It's good, but I wouldn't...