You are hereFeed aggregator

Feed aggregator

OMG, she said “vagina” on the Internet!

Belmont - 3 hours 57 min ago

As if one book club wasn’t enough, I’ve joined forces with some of my fantastically geeky girlfriends (Felicia Day, Kiala Kazebee, and Bonnie Burton) for a little project called the Vaginal Fantasy Hangout. This new monthly Google+ hangout session will focus on books from the fantasy, science fiction, paranormal romance, and mystery genres. There will also probably be a little sexy-time (as I like to call it) in the stories as well, which we will discuss to great lengths (and to our great amusement).

Our first episode is up, and we also have a Goodreads group and a Facebook page! Hope you’ll join us! Next episode will tape live on Feb 27th at 8pm PST over on Felicia’s G+ page.

No related posts.

Categories: Blogs

Wrinklenomics

GreaterFool - 2012, February 3 - 18:50

Days ago I called retired people living in trailers on CPP, ‘losers’. Many blog dogs took offense. Which tells you how screwed we are. One of our myths is that the government will look after you when you wrinkle and shrivel and grow hair in the awful places. In reality, public pensions may keep you alive, but barely.

Worse, the system of income support we have now will soon be under attack, which should scare the crap out of every forty-something with a fat mortgage, two kids and 90% of net worth in a house. In case you had any illusions, the average amount of Canada Pension paid to people at age 65 is just $512 (you can double that if you contribute for a lifetime, but most don’t). And also at 65, everybody gets the Old Age Supplement. The average here is $504 (the max is $540).

So, that’s a grand a month – $12,000 a year. For a couple who both worked the average number of years, income is double that. Now name a single Canadian city where two people can afford rent, food, a car (or transit), cable, insurance, clothes, meds and a few simple Victoria’s Secret cherry red teddys with embroidered transparent organza bodice inset, on twenty-four large? Can’t be done.

And yet an apparently huge number of Boomers (and their house horny kids) are headed in precisely that direction. More people are retiring with a mortgage than ever before. Over 70% have no other pensions. Half the population have no savings. Debt is rampant and third of all households can’t pay their monthly bills.

And yet seven in ten Canadians have the most costly single possession of our society – a house. What’s wrong with this picture? Why would a blogger – whose parents (68 and 65) sold a $400,000 in Toronto, ended up broke after paying down debt, and face living in a buggy Muskoka trailer on the public stipend – defend them? There’s no justification for blowing through six decades of life and having nothing to show for it but a defensive 39-year-old.

CPP and OAS were never intended to finance anyone’s life, and never will. They exist as retirement supplements to money you’re expected to save and invest – skimpy little safety nets to round up the income that RRSPs and TFSAs and non-registered investments provide.

So what’s gone wrong? Sure, interest rates have tanked, so Canadians’ fav investment – GICs – pay next to nothing (that isn’t going to change). Yeah, financial markets have been scary for a few years and many people got creamed buying high and selling low (Nortel). Few employers offer pensions now, and even plump public-sector plans are under-funded and uncertain. But mostly, it’s been the historic concentration of wealth in real estate that’s truly messed with our heads.

Gone are the days when people waited until they had 20% or 25% for a house down payment. Now they buy with 5% down which means zero equity after closing costs and a new deck plus 60-inch flat screen. They have a baby or two, move up, spend more and borrow more. By age 40 millions of them have all kinds of stuff and obligations, but no actual money and precious little equity. It’s a financial death spiral.

The stuff I hear is sad. I sit with way too many couples on the path to nowhere. Their laser focus is on getting a hunk of real estate, and nothing else comes close. They can recite the current table of fixed and variable mortgage rates, but have no idea a TFSA is not a savings account or an RRSP is not a thing. I see middle-aged couples with zero savings frantically trying to pay down mortgages with rates less than inflation. It never occurs to them they have no diversification, way more risk and are paying back a 2.5% loan with money that could be earning 6%.

And daily on this pathetic blog we hear from house-heavy Boomers who simply can’t sell their properties. Too late they realized real estate can turn cold and illiquid. It’s an experience vast numbers of retiring homeowners are about to discover. So if you think a house is a financial strategy any more, think again. The coming tidal wave of wrinkly sellers will change your mind fast.

But here’s the news: Public pensions, as piddly as they are, will soon be under attack.

Over the next two decades the number of old retired farts will double. The cost of OAS alone will go from $36 billion a year to $108 billion. The bulbous generation will suck off $2.8 trillion more in retirement benefits than the taxes collected to support it.

So, expect the CPP age to eventually rise from 65 to 67, as is happening in the US and the UK. Expect to receive OAS only if you need it, not just because your sperm count falls. Expect the feds to again drop the age at which retirement plans turn into taxable income. Expect to lose the ability to take the public pension early, even discounted. Expect marginal tax rates to rise.

And expect Boomers to do to real estate what they did for saving.

Except for trailers.

 

 

Categories: Blogs

Avoiding Policy-made Crises

Mortgage trends - 2012, February 3 - 15:42

A mortgage executive at a major bank (who requested anonymity) wrote to us today saying: “Mortgage policy decisions are being made that may lead to the very outcomes that we...

Categories: Blogs

Help Us Out! Music Overload

Spark - 2012, February 3 - 12:24

Hey I’m Andrew and I’m hanging out at Spark for a couple of weeks. And I need your assistance. I promise, I’m not asking for money, nor am I a Nigerian prince. I’m simply a music lover in distress.

At the start of 2012 I gave myself a goal to to discover a new band/musician/composer/ensemble every day for the rest of this year. I’ve been trying hard since then to follow through, with mixed success. My criteria is that if I was sitting in a bar, and this band comes on stage, would I stay for the whole set? If the answer is yes, they go on the list. If the answer is no, I move on and find another band.

I’m not sure if you’ve noticed, but the internet is big and there are a lot of songs on it. Lots of songs means lots of crap. Lots of crap means Andrew’s spending a lot of time searching for bands fit for the list.

Sure, there are many websites to help. You’ve got Pitchfork, NME, the Guardian’s band for a day page and loads of blogs, online radio stations and the like. But after searching these pages, I’ve noticed something. In the quest for finding the next big thing, they’ll write about anyone and their banjo. Music overload. When one of these sites does happen to stumble across something really great, the other sites jump on it days later (just search “Devin Therriault” as an example). This ocean’s one thousand miles wide and about an inch deep. What’s a new music hound to do?

There are a few notable exceptions, and one I want to highlight here. Laurie Brown’s Radio 2 program The Signal is, in my not so humble opinion, one of the greatest show on the FM dial or online when it comes to new music. If you haven’t, check it out.

So here’s where I need your help [Webmaster’s note: FINALLY!]. I want you to let me know if you have the same problem I do. Do you find it difficult to find new bands? Where do you go for new music? Get lost in the online music world? Also, I lied. I am a Nigerian prince, and I want to share my vast wealth. All you need to do is let me know the names of some new bands I can add to my list, and I’ll wire the cash to your bank account. [Webmaster’s note: Andrew is not a Nigerian prince. He’s a radio producer.]

Categories: Blogs

Spark 171 – February 5 & 8, 2012

Spark - 2012, February 3 - 10:21

On this episode of Spark: Transparency, Crowdsourcing, and Consent. Click below to listen to the whole show, or download the MP3 (runs 54:00).

You can also listen to individual stories below.

Consent of the Networked

Get out your history books! We’ll find out why the internet may be ready for its Magna Carta moment. In her new book, Consent of the Networked, Rebecca MacKinnon argues that corporations and governments are like sovereigns in the time before that famous social contract was signed. She says it’s up to us, the networked, to demand consent again to protect the internet as a positive force. (Runs 12:19)

[Audio clip: view full post to listen]

Young & Transparent Politicians

Right now, all over the world, there are elected politicians that were born and raised in the digital age. Their ideas about transparency are a lot different than those of the previous generation, and Spark contributor Cyrus Farivar tells us why some think this will be a good thing, ushering in a new era where public figures no longer live separate, private lives. (Runs 10:07)

[Audio clip: view full post to listen]

Indie Game: The Guy!

When this year’s Sundance Festival wrapped up recently, a lot of the buzz was around a little Canadian documentary called Indie Game: The Movie. One of the guys that inspired the filmmakers is Alec Holowka, an independent video game designer in Winnpeg with big ideas about the personal connection between game and designer he believes is at the heart of independent video games. (Runs 8:26)

[Audio clip: view full post to listen]

Crowdsourcing Cool

The Japanese government has launched a site called Mazer, as part of its “Cool Japan” project. The idea is for people to post questions or problems, and crowdsource the answers. The winning ideas will be bid on by businesses to make them a reality. Michael Keferl is a marketer and trendspotter in Tokyo and we get his take. We expand the conversation for a look at how and when crowdsourcing can be effective, with digital culture writer, Don Tapscott. (Runs 15:47)

[Audio clip: view full post to listen]

Additional Links Podcasts

Subscribe to any of our totally free podcasts!

Categories: Blogs

Focus: Why Salt Clusters Form on Basement Walls

Physics - 2012, February 3 - 08:00

Salt crystallizing on walls or old artifacts forms in discrete bunches, rather than coating the surface, because of an unexpected feedback effect, according to experiments and simulations.

Published Fri Feb 03, 2012

Categories: Blogs

Steam Goes Mobile, Charity Gets an Awesome Bundle, and Sticky Bees for iOS! - AppJudgment

AppJudgement - 2012, February 2 - 19:30

Steam for mobile devices is here and open to everyone! Prepare to spend way more money on spur of the moment video game purchases.

Categories: Blogs

The surprise

GreaterFool - 2012, February 2 - 15:38

A year ago it sat like a blemish on a silken face. Its broken and boarded windows beckoning yet more vandals. A dab of inner-city badass in a manicured land. This non-descript 4-bedroom, garage-pasted-on-the-front, face-brick home in a respectable tract of Mississauga was abandoned and decaying last March when a blog dog snapped the picture below (left) and neighbours gossiped about a foreclosure.

Of course, there are literally thousands of identical houses here, in a land of undulating streets devoid of stores or culture, where minivans swim upstram to breed. It also yields a nice insight into the real estate mess we’ve created, thanks to flippers, speckers and unbridled HGTV house lust.

5304 Glen Erin Drive is now for sale, spruced up with shiny hardwood and granite. Asking price: $834,800. Which begs the question – is an utterly unremarkable house on a street of clones in a burb 40 minutes from downtown Toronto worth most of a million dollars?

 

Increasingly, the world says no.

So far this week the alarm has sounded in many quarters. CMHC running up against its allowable lending ceiling, threatening the entire market. The second-largest mortgage lender cutting off commission salesguys and business owners, plus capping loans. The federal bank regulator warning of Canadian subprimes and a dangerous condo market. F muttering about all this being a ‘matter of concern.’ And now the banks (led by TD) moving to further protect themselves from potential losses by massive increasing rates on unsecured variable LOCs, from 5.5% to 8.5%.

The IMF has warned. So has the Bank of Canada. Plus analysts like Capital Economics (“We’re  not confident we can dodge the bullet and that there won’t be a correction in the Canadian housing market in the not too distant future.”). Bloomberg moved a worrisome piece on the Canadian housing bubble three days ago. And now The Economist, also read globally, has a column headlined: “After years of lecturing America about loose lending, Canada must now confront a bubble of its own.”

As the mag reminds us, there are 173 condo towers being built in Toronto. In New York (population 8,008,000), only 96. Worse, condo insiders estimated up to 80% of all new units in the GTA are gobbled by speculators, convinced prices will rise without end, regardless of supply overwhelming demand.

House prices have doubled since 2002. Household debt has swollen 40% in a decade. Regulators, economists, central bankers and politicians are worried. Lenders are moving quickly to cover their assets. Some markets are already showing signs of severe stress, like Vancouver – as I detailed yesterday, with sales down a sharp 16% and listings popping. And look at this chart of home prices in Victoria – one of the most expensive places in the country to live – at least for now.

So, what comes next? More real estate angst, even as mortgage rates stay at historic lows in the middle of a non-existent winter with the Spring market beckoning. I hear it’s unlikely CMHC will be granted an increase in its already-obese mortgage default insurance activities, once it hits the $600 billion ceiling.

The consequences: A rationing of mortgages to all those horny young couples swimming in hormones rather than cash. Expect fewer loans and higher rates on high-ratio borrowings. This is how Ron Swift, CEO of Pacific Mortgage, puts it to Canadian Mortgage Trends this week: “The result of these restrictions ultimately means there will be an impact on liquidity in the market place. I think this will first impact products that have the higher insurance costs, such as stated income and self-employed. They will either be stopped or the rates charged to these clients will have to be significantly increased. Either way, tightening liquidity, reducing mortgage options or increasing the costs will take some buyers out of the market, which will affect all of us.”

Now, tell me you didn’t see this coming.

When houses here cost twice as much in the US, when Vancouver’s the second least-affordable place on the planet, when icy Toronto becomes the condo capital of the world, when growth in debt swamps gains in income, when lenders get scared, and a flipper wants $834,800 for a Mississauga rescue, how is this a surprise?

Tomorrow: Pity the wrinkled ones.

Categories: Blogs

Full Interview: Don Tapscott on the Future of Crowdsourcing

Spark - 2012, February 2 - 14:04

Photo by Kris Krug

We recently heard about a new initiative called the “Cool Japan” project. Run by the Japanese government, the idea is to have leading creative lights in Japan post questions or problems to a site called Mazer, and crowdsource the answers. The winning ideas will be bid on by businesses to make them a reality. It made us wonder how far an idea like this could go. What could this mean for the future of problem solving? Nora speaks with digital culture writer Don Tapscott about whether Mazer could be a bellwether for how governments and citizens build the economy or design public policy.

You can hear the full, uncut interview below, or download the MP3. [runs 17:00]

[Audio clip: view full post to listen]

If you like hearing these extended interviews, why not subscribe to Spark Plus? It’s a podcast feed full of additional blog-only content like this. [Subscribe via RSS] or [Subscribe with iTunes]

Categories: Blogs

Together It Is Possible

IAEA - 2012, February 2 - 09:56

The IAEA commemorated World Cancer Day with a special event held at its headquarters in Vienna. The event highlighted important achievements in the past year in global efforts to fight cancer in developing countries, and featured activities of the IAEA’s Programme of Action for Cancer Therapy (PACT) and several of its key partners.

Categories: Blogs

“Risk-Off” in the Canadian Mortgage Market

Mortgage trends - 2012, February 2 - 08:04

There’s a growing air of uncertainty in the mortgage industry, one we haven’t sensed since the tail end of the credit crunch. Regulators, media and politicians are waving the caution...

Categories: Blogs

Synopsis: Rare Fusion Reactions Probed with Solar Neutrinos

Physics - 2012, February 2 - 08:00

An underground neutrino detector has found the first evidence of a nuclear reaction that produces deuterium in the sun.

Published Thu Feb 02, 2012

Categories: Blogs

Synopsis: Giant Nernst Effect in a 1D Metal

Physics - 2012, February 2 - 08:00

Transport measurements suggest that a lithium-based metal may be a candidate material for thermomagnetic cooling.

Published Thu Feb 02, 2012

Categories: Blogs

Mortgage Career of the Week

Mortgage trends - 2012, February 2 - 01:23

Company: A Canadian Financial Services Company Position Title: Mortgage Underwriter Years of Experience Required: 5 years experience in the residential mortgage industry, particularly broker origination Licences or Registrations Required: No...

Categories: Blogs

Spring fling

GreaterFool - 2012, February 1 - 19:46

When the mortgage guys start running for cover, maybe you should, too. It’s going to be one helluva dramatic Spring. If you own a home and have been thinking about cashing out at the top in March of April, too late. If you’re horny to buy, keep your pants on. Too early.

Just weeks after BMO ignited realtor dreams of a torrid season with its 2.99 mortgage special, fear wafts through the air. Days ago CMHC announced it’s running out of room to insure more high-ratio, high-risk loans – the stuff which has fueled Canada’s housing bubble and swollen agency books to almost a trillion dollars. Warnings of over-valuations and impending danger have come from the Bank of Canada, the IMF and most credible economists.

Now the nation’s second-biggest mortgage lender has quietly moved to protect itself in the event of a housing meltdown. CIBC’s wholesale lending arm, FirstLine – which supplies a torrent of cash to mortgage brokers – is cutting off borrowers who can’t verify their incomes, including small-business owners, commission salespeople and immigrants. The company is also capping loans at $1 million, which is tough news in Vancouver.

This has sparked speculation CMHC will also nix mortgages to the self-employed, at the same time it’s believed F will murder 30-year home loans in his coming federal budget, making inflated houses more unaffordable. Coming after predictions of mayhem in the condo markets of Toronto and Vancouver and deteriorating markets in much of the country, it’s a clear signal real estate is turning prickish.

In fact, nowhere might this be happening faster than the nation’s most delusional city.

In recent hours the crumble of Vancouver real estate has become apparent. Or is it a crash?

Listings have exploded as sales tank. With 20% more houses on the market than a year ago, there’s now an eight-month supply, turning the region into a buyer’s market scant weeks after bidding wars were a daily occurrence. But falling sales clearly show buyers expect prices to be the next casualty.

Sales are near record lows of the last ten years. Deals for detached homes on the west side, in Richmond and West Van are down between a third and 45%. Overall, sales plunged 13% from 2011 and 18% from 2010. Prices have dropped since hitting a high in the summer. Flippers are being stuck with properties they can’t move. Half of condo owners now selling, who bought in the last four years, are losing money. Sales of detached properties across the region just crashed 16% from last January.

In other words, in a city where real estate’s a god, where families shell out an average of 70% of income on shelter, where the savings rate is negative, basement boarders are desperately needed to stay afloat and debt is over the top, an ugly truth emerges. It’s not different, after all. There is a limit to house porn and financial insanity. And this is it.

Vancouver, whether you have to live there or not, is a harbinger of the national housing market. It shows in extremis what happens when emotion trumps logic, lenders lose their marbles, the media fails and an entire population believes in unicorns. It’s impossible to sustain a SFH average of $1.1 million in a city where family income averages $83,130. Nothing – not planeloads of hot Asians, cheap mortgages or a new mountain range covered in chocolate – is going to save this market from itself.

Just imagine the exposure major lenders have in that city. A 20% correction would plunge tens of thousands of families into negative equity, just at a time when the overall economy is struggling. Unemployment’s rising, incomes are running behind inflation, the forestry is a mess and construction jobs are being shed daily.

BC – all of it now, including the Island and Lower Mainland, plus the Fraser and Okanagan valleys – is shaping up to be the Ground Zero for Canada’s housing crunch. The impact will not be contained there. Time will show this is as unstoppable here as it was in the US – where chi-chi towns like Seattle and Boston thought they were immune. Until they weren’t.

But here’s all you need to know. Lenders are hustling to protect themselves. Bankers are worried. The government’s poised.

With luck we’ll avoid what’s befallen Americans. But what looms will not be short nor trite. For too long this pathetic blog has urged you to take profits and get liquid. I hope you did.

 

Categories: Blogs

Full Interview: Rebecca MacKinnon on Consent of the Networked

Spark - 2012, February 1 - 11:58

Photo by Brooke Bready

Rebecca MacKinnon is an Internet policy researcher, and co-founder of Global Voices, the international blogger network. She’s also formerly CNN’s Bureau Chief in Beijing and Tokyo. Her brand new book is called Consent of the Networked: The Worldwide Struggle for Internet Freedom. She argues that just as democracies have ‘consent of the governed’ so the Internet requires that private corporations and governments have ‘consent of the networked’.

You can hear the full, uncut interview below, or download the MP3.

[Audio clip: view full post to listen]

If you like hearing these extended interviews, why not subscribe to Spark Plus? It’s a podcast feed full of additional blog-only content like this. [Subscribe via RSS] or [Subscribe with iTunes]

Categories: Blogs

Webcast of the Month

AAPM - 2012, February 1 - 09:26

3D Filtered Backprojection. We hope you find this month’s Webcast valuable and that you return each month during the year to benefit from new offerings in the series...

Categories: Blogs

CMHC Insurance Limits: A Wake-up Call for Lenders

Mortgage trends - 2012, February 1 - 04:12

Many have now seen this National Post article. The gist of it: CMHC is approaching its $600 billion government-imposed limit on issuing mortgage default insurance. That’s happening largely because of...

Categories: Blogs

Get Casual Turn Based Warfare on Your Android with GLWG: All Out War - AppJudgment

AppJudgement - 2012, January 31 - 19:30

Great Little War Game: All Out War! The best little sequel to the best Android turn based war game out there.

Categories: Blogs

The transfer

GreaterFool - 2012, January 31 - 19:20

Carlyle’s parents sold their semi yesterday. “They should thank their lucky stars, and BMO’s 2.99 special,” he says. No kidding. Boomer rescue. But let’s have a moment of silence for the kiddies who bought.

“Dozens came through to see it over the weekend,” he says of the half-house in the eastern wilds of GTA’s Scarberia.  Sixteen years old, and in need of a new roof. Listed at $415,000, sold for $400,000.  “A young couple, 20-something, ended up buying the house at 96 percent asking. How can twenty-year-olds afford 400k houses????”

More on that in a minute, since there’s a good chance an era’s about to end.

“Anyways I’m happy for my boomer parents (they needed to sell … Dad is almost 68 still driving rigs, mom almost 65). They are going to live at the trailer in Georgian Bay for the summer and then not sure. I’m trying to convince them to retire and do half the year in a Florida RV community during winter the other half at their trailer in summer.  It’s all they are going to be able to afford on their pensions.   Whatever equity they get from the house will be used to pay off debt – most of it :(. Basically they have nothing for retirement except government pensions.  The words on your blog about boomers ring true to me as I see it happening.  My folks are just in the first wave.”

But this isn’t about fool Boomers who blew six decades, putting it all in a house, saving diddly and now must retire to a trailer surrounded by losers. It’s about the fools who come after.

Yesterday this spiritually uplifting blog gave you the latest: federal bank regulators warning of sub-prime lending practices, no-income lines of credit and dangerous condos, while CHMC revealed it’s running out of money. This is big news. Big consequences, maybe.

Now remember the housing bubble is the result of two things. Crazy low interest rates engineered by the government. Plus a federal agency which wipes away risk, allowing lenders to make homeowners out of people too challenged to save. Oh, and that Property Virgins babe realtor’s tube top. Forgot that.

The agency is CMHC and borrowers putting less than 20% down (almost 100% of first-time buyers) must pay a hefty insurance premium. This does not insure them, but rather their lender. So banks can shovel money out the door, secure in the knowledge if their clients default on the mortgage, taxpayers will make them whole. A few things have happened as a result: banks have lowered their lending standards; people with putrid credit get the same low rates as Justin Beaver; and the real estate market’s erupted, resulting in higher prices (and bigger loans).

Something else, too. Banks have been using CHMC to insure ‘conventional’ mortgages as well – ones with a bigger down payment. This makes the mortgages more attractive when bundled into securities, called ‘covered bonds’ which are then sold to investors (does any of this ring a bell?).

Just two banks alone (BMO and Scotia) sold $4.5 billion worth of covered bonds in January, and last year investors snapped up $25 billion of these things – supposedly high-quality, being backed with residential mortgages insured by CMHC.

Ironically, these bonds then help the banks lower mortgage costs, so people can borrow their brains out and force house prices higher (requiring more loans). This is how you get stuff like BMO’s 2.99% fiver which caused such an endorphin rush among the horny.

Still with me? Good. Now we have a problem. Over a year ago CMHC convinced Parliament to boost its insured lending ceiling to a staggering $600 billion – about the size of the federal debt. Seventeen months ago there was $100 billion cushion left. By last autumn it was $60 million and in a few months it will be gone. It means taxpayers are on the hook (between CMHC and the national debt) for more than a trillion dollars. Scarier, CMHC has reserves so small they’d be wiped out if only a small fraction of its high-risk mortgage debtors defaulted.

More immediately, unless CMHC is bloated even further by an act of Parliament, it won’t be able to insure all the loans lusty young buyers and greedy old bankers wish to cover. Kinda like a money drought.

“It may serve to tighten the housing market,” warns TD economist Sal Gulati. In fact, it could do worse. The entire real estate structure now rests on the ability of 20-year-olds without any net worth to buy $400,000 houses from 68-year-old Boomers, thus rescuing them from themselves. It could be history’s greatest wealth transfer. The old guys get cash. The young victims get debt. If things tank, the bank gets the house, the taxpayers get gored.

If Ottawa doesn’t increase CMHC’s ceiling, real estate’s flames will lose their fuel. Prices will tumble and recent young buyers will be in negative equity until menopause. But if hundreds of billions more are added, Canada’s bubble grows more dangerous and the consequences more dire.

What will F do? Odds are he’ll up the ceiling, while restricting credit – eliminating the 30-year mortgage and dropping amortizations to 25 years. That will increase monthly payments for virtually every new buyer. At a time when prices are inflated and local markets volatile gasbags, it will do nothing but hasten, and deepen, the inevitable correction.

Carlyle’s parents may think life in a trailer sucks. But they’ve no idea how profoundly their asses were just saved.

Too bad who’s paying for it.

 

Categories: Blogs

Navigation

Twitter Updates

Follow me on twitter