Another KPBS (89.5 FM) program on the SD housing market

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Submitted by UTC renter on August 25, 2006 - 9:05am

It starts around 9:05 on the Editor's Round Table. You can listen on 89.5 FM or online here:

http://www.kpbs.org/Radio/DynPage.php?id=911

 

They probably will allow calls, if you want to share your perspective.

Submitted by UTC renter on August 25, 2006 - 9:19am.

If you want to call:

888-895-5727

Tim McClain, Editor of San Diego Metropolitan Magazine (or Bob Kittle, Editor of the San Diego Union-Tribune Editorial Page, sound like bulls. One of them said repeatedly that there is no decline on single family homes market (only condos) and the San Diego job market is so strong that it is impossible for a real drop to occur.

Submitted by PerryChase on August 25, 2006 - 9:35am.

http://www.kpbs.org/Radio/DynPage.php?id=1656

If you wish to podcast the show.

Submitted by lendingbubbleco... on August 25, 2006 - 9:37am.

That's the last show I'm going to listen to. These guys are just "preaching to the choir", so to speak, in an effort to keep nervous boomers from dramatically lowering their prices after Labor Day. Don't plan on it...

Their listeners are beginning to wake-up, I think, because who doesn't know someone who sold a house for quite a bit less than they expected at this point? You can't kid a kidder, right?

I wanted to call in, but like SoCalMtgGuy said..."yawn", we expect this kind of nonsense propaganda to continue until it is painfully obvious that these shills have all been lying the entire time.

Submitted by The-Shoveler on August 25, 2006 - 9:39am.

Nor_LA-Temcu-SD-Guy

Got on late, seems like they were screening their calls or something , Did not hear anything but bulls view, maybe I missed it, but nothing about record inventory or forclosers in anything that I heard.

Ho well to be expected I think from a station that sell ad's that is.

Submitted by powayseller on August 25, 2006 - 9:47am.

I love it! The contrarians like Rich and us on this forum, will go down in history as the smart ones. The longer these people are wrong, the better for us. And don't worry about them keeping the market going - it is not helping. The market turned down in spite of the RE cheerleaders.

Submitted by UTC renter on August 25, 2006 - 9:51am.

well, the scary thing that KPBS does NOT sell ads. It is a NPR-affiliated station, which lives off donation of its members (http://www.kpbs.org/default_members.php). In fact, NPR is the closest thing we have to a non-corporate radio.  And that's exactly why it is sad when they fail in their responsibility to educate the public.

Or, are we already living in an Corpo-Orwellian world, where even "independent" institutions, like universities and public radio are controlled by business interests?

Submitted by powayseller on August 25, 2006 - 10:00am.

I am disappointed in KPBS. Last December, after their "economy is good and houses are never going down" show, I e-mailed Tom Fudge, who obviously was clueless about the market. He just didn't know what to ask!

I sent him an e-mail explaining the dire situation of SD jobs, and the unraveling housing market. I provided the piggington links, including the charts.

These guys had plenty of time to do their homework, but the problem is the local station has a group of journalists who are more comfortable with interviewing people in their Rolodex than in digging into stories. They have little understanding or interest in serious economic issues. Their little brains just don't get it.

Tom Fudge completely ignored my e-mail and phone call, full of data. Why? He's uninterested or incapable of getting it. Either way, I am no longer donating or listening to a station that delivers bull.

The best media is Voice of San Diego. They have a staff of sharp journalists, who understand law, economics, and people. Plus they can write.

KPBS hired journalists, not experts in a field. Bad mistake... I hope Voice will plow them all under.

Submitted by PerryChase on August 25, 2006 - 10:03am.

We live in world of money. "Show me the money" and "no money no honey" are American dictums.

If you want business to support your cause, show them the money and they'll jump onboard.

Submitted by UTC renter on August 25, 2006 - 10:14am.

Great points, PowaySeller, and interesting story about your adventures with KPBS.  It's very disappointing, given that it is supposed to be a station that promotes independent thought and critical thinking.

I find Tom Fudge better than Gloria Penner (the host of today's program). She does not prepare well for her shows and mostly giggles when presented with arguments.  You can check her resume here (it's self-explanatory):

http://www.kpbs.org/Radio/DynPage.php?id=414

I think that I am going to switch my support to Voice of San Diego.

Submitted by PerryChase on August 25, 2006 - 10:20am.

Tom Fudge is also bad. He doesn't listen to his guests and his questions are frequently off the mark. I like the national NPR programs such as Talk of the Nation.

The local programming sucks so that's why I don't contribute to KPBS.

Submitted by deadzone on August 25, 2006 - 10:29am.

Public radio is worthless. I don't know why people waste their money donating to these stations and then "proudly" displaying the liscense plate holder. These stations totally rely on private donations so how do you expect them to be any less biased than commercial stations? If anything the big donors of public stations have more influence over programming.

Submitted by sdrebear on August 25, 2006 - 10:37am.

Somewhat comical during that discussion, one of the journalists (I forget which one) basically admitted that he was going to bend to the will of his real estate sponsored newspaper.

He said that yes, his paper was largely supported by advertisement from the real estate industry and of course they LOVE to see home prices going up.

It seemed as though he was going to give a "but" statement saying he can see the market turning.

Nope! Followed up that strange admission with yet another bullish statement of why the prices wouldn't really come down. Something about wanting to live closer to work, or something.

I almost spit out my coffee laughing when he inadvertently discredited his entire statement just before making it.

Very funny.

Submitted by CardiffBaseball on August 25, 2006 - 2:42pm.

Phil Hendrie loves ripping NPR, and is usally pretty logical and funny when going about it.

Submitted by ybc on August 25, 2006 - 2:49pm.

I listen to NPR everywhere I go and donate to PBS as well. But mostly I listen to national shows. I think that this is one news station that at least try to be rational in its news program (real estate is just a small part).

Submitted by jg on August 25, 2006 - 2:50pm.

I wish KPBS was funded by listeners: the Feds put $495MM into PBS for '06:  http://www.boston.com/news/nation/washington/articles/2006/06/08/gop_takes_aim_at_pbs_funding/

PBS is the antithesis of critical, independent thinking.  To my ears, it sure sounds like the Kommie Pinko Broadcasting System.

I look forward to the big recession (probably depression) so that federal and state governments are forced back to focusing on the few important things, and not spending my money on junk like PBS.

Submitted by The-Shoveler on August 25, 2006 - 2:50pm.

Nor_LA-Temcu-SD-Guy

http://www.thestreet.com/_yahoo/markets/...

The street.com got another article about how the housing bubble popping is leading to economic melt-down.

It’s getting very loud this storm is.

Submitted by PerryChase on August 25, 2006 - 3:06pm.

KPBS, PBS, NPR, CPB are different but related organizations. One can contribute to the national programs without supporting the local programs. If you give to KPBS you're funding both the local TV and radio channels. They use part of that money to buy national programs.

Public Radio and TV used to be better but since the flap about them being biased on the left, they've tried to be more "balanced." At one point, the Republicans wanted to completely cut funding for public broadcasting and the National Endowment for the Arts.

I beleive that "a great nation deserves great art."

Submitted by ybc on August 25, 2006 - 3:41pm.

I guess that I'm not very knowledgeable about all this -- but I still think that NPR, compared to other alternatives availble (we don't want all news controlled by private entities, do we?), is worthy of support. Even if the local PBS is subpar, distribution is still needed if you think the news world is better off with NPR than without NPR.

Also, just because I believe that the real estate will go down badly, I don't think that the media has an obligation to report my view (at this point, might be a minority view). In fact, you can view what they report as part of the sentiment -- when they finally are fully on top of it, the worst is perhaps over. Occassionally, I read news articles that are truly forward looking, but their authors are taking a risk (reputational risk if their prediction doesn't come true). So I expect that the media reflects herd mentality. Also, the media has adopted a really bad habit -- in their persuit of providing a "balanced picture", they always try to find a different opinion, and present them all without some indepenent, analytical thinking. What I can't tolerate is intentional spinning (examples on the war comes to mind). Otherwise, I'd say, give them a break!

Full disclosure -- I didn't listen to the radio segment, so I'm not disputing any of your critiques. Also, when I donated my old car, I didn't donate it to PBS, I gave it to salvation army. PBS auctioned it off to wholesalers and only 70% of the proceeds went to support its own use.

Submitted by jg on August 25, 2006 - 3:44pm.

That's unusual, an NPR listener supporting a Christian cause (Salvation Army). Don't let your friends hear about that!

Submitted by ybc on August 25, 2006 - 8:47pm.

But Salvation Army has always been among the most efficient charity organizations (measured by money spent on charity vs total money raised), and they do a lot of good things for the poor and the underprivileged. It just doesn't matter to me whether they are a religious organization or not. As far as car donation is concerned, Salvation Army is a lot more efficient than PBS.

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