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BlogHome Uncategorized Buyers Just Said, Hey Guys, You're Trying To Get Too Much Money Now
Buyers Just Said, Hey Guys, You're Trying To Get Too Much Money Now
A report from the Columbia Business Report in South Carolina. "Residential real estate in South Carolina enjoyed a positive 2019, and realtors expect the growth to continue through the early part of 2020. 'Overall, people are making more money (and) houses are selling faster, in a shorter amount of time. I will say buyers are taking a little bit more time to buy a house, but overall, it's going well,' said Brad Allen, broker-in-charge at Art of Real Estate in Columbia. What also helps the market are low interest rates and potential buyers getting financing, insiders say."
"'I'm seeing lenders e-mailing almost weekly or monthly saying 'We can take lower credit scores now,' Allen said. 'There's less down payment. There are programs that are coming out that require no down payment at all. So I think it's as easy as it has ever been to get a mortgage.'"
The Roanoke Star in Virginia. "Despite recent headlines speculating on the probability of another housing bubble, Virginia's robust demand and limited supply—fundamentals indicative of a healthy economy—are the driving forces behind the rising prices. 'While home prices have reached the peak levels seen during the height of the housing boom, there is no evidence of a bubble because price appreciation now is much more modest,' says Virginia REALTORS Chief Economist Lisa Sturtevant, PhD. 'During the housing market boom of the middle of the last decade, the double-digit price growth was driven by other factors–particularly loose lending requirements–which are not present now.'"
From C & G Newspapers in Michigan. "Good news: 2020 is looking like another fabulous year for both commercial and residential real estate purchases. But it won't be quite as fabulous as 2018 or 2019. Coldwell Banker Weir Manuel CEO John North assured forecast guests that the housing market in Oakland County is still thriving. 'The numbers are good; 2018 versus 2019: up, up, up. Everything is looking good. A little variation as you start to spread out across the county. That's very normal,' he said."
"Sometimes good news can be too good. North was asked if the thriving markets could be described as experiencing a bubble, similar to what led to the last recession. North was quick to quell that suggestion. 'I'm not a big believer that we're in a bubble of any sort as it relates to real estate, residential or commercial. I believe due to a lot of the changes that were made during the last downturn, and I think most experts believe, that if we have a recession, it would probably be short lived, and certainly there's no indication that housing will play any role in leading us into it like it did in the past one,' he said."
The Star Tribune in Minnesota. "Being a 26-year-old Minneapolis native who has lived in San Francisco and now lives in Brooklyn, N.Y., I often look at home prices in the city I grew up in and imagine making the move back to own my slice of the American dream. I rationalize this fantasy by telling myself the Twin Cities are one of the last urban areas where real estate is still available to the middle class. Only, it's becoming less possible by the day. One two-bedroom, two-bathroom Minneapolis house I saw on Zillow had skyrocketed in price in just over three short years — from $250,000 in 2016 to $345,000 in 2020."
"I thought about writing this while walking the span of Central Park South known as Billionaire's Row, an imposing stand of glass super-talls that are owned by the hundred millionaires and billionaires among us. Most of these units stand unattended by their owners, empty palaces in the sky. Where shortsighted thinking is taking precedent to reason and sanity in the name of fast dollars for the few. A place natives might soon be forced to move on from, and where firms with the most capital to develop vapid 'luxury' units become our slumlords."
"What's going on in the Twin Cities may not be the product of fraud. But it seems to be the product of greed and a lack of attention to Minnesota's once-great middle-class standard of life."
From Boston Magazine in Massachusetts. "When it comes to the area's sky-high real estate prices, 'We're in extra innings right now,' says Dana Bull, of the North Shore's Sagan Harborside Sotheby's International Realty. 'It doesn't make any sense how it continues to go at the rate it's going.' That said, buyers have started to pump the brakes, and Bull predicts that will continue into the foreseeable future."
"Across Greater Boston last year, the median price of a single-family home increased only half as much as the previous year—a phenomenon Sagan agent Matthew Dolan attributes to house hunters tiring of bidding wars that drive prices over asking. 'At some point over the last year, buyers just said, 'Hey guys, you're trying to get too much money now, and we don't see [the value],' he says. 'We're here, we're ready to buy, but you guys are taking it too far.' If nothing else, 2020 may be the year buyers can have at least 24 hours to put in their offer before their dream home gets snapped up."
The West Side Rag in New York. "While Upper West Side home prices are still astronomical based on most metrics, they've been dropping in the past year, according to Streeteasy. Sales prices have fallen and homes are staying on the market longer. Sales Prices are at $1,098,267 (down 2.9% from last year) and the lowest level since 2015. 12.4% of homes on the market had a discount in January. Homes lingered on the market nearly two weeks longer for a total of 117 days – last year it was 104 days."
"'Upper West Side home shoppers are currently in the driver's seat,' said StreetEasy economist Nancy Wu. 'More and more homes are coming onto the market, which means that sellers here are facing stiffer competition to stand out. This is good news for buyers, because they now hold the negotiating power, and can afford to be picky during their home search.'"
From Mansion Global on California. "The long-time Palm Springs, California, home to the late Jim Houston, an athlete, businessman and philanthropist, sold for $6.495 million after it was restaged and relisted with a price reduction. The 11,080-square-foot residence, including eight bedrooms and 14 bathrooms, has been on and off the market since April 2015, once asking as much as $11 million, listing records show."
The Wall Street Journal. "The Securities and Exchange Commission's top official overseeing credit-rating firms said Monday the agency is rethinking its post-crisis effort to improve the quality of bond ratings, a tacit acknowledgment that the decade-old program has been a failure. Jessica Kane, who heads the agency's Office of Credit Ratings, told a conference in Las Vegas that the SEC is now seeking input on ways to limit the pressure firms such as S&P Global Inc. and Moody's Corp. face to boost bond ratings. Bond issuers, which benefit from higher ratings, pay the ratings firms to grade the bonds."
"'Are there other ways to address the issuer-pay conflict of interest?' Ms. Kane asked a ballroom of attendees at the Structured Finance Association's annual conference. Ms. Kane's speech firmly puts credit ratings on Washington's financial regulatory agenda. The issue has already received attention from lawmakers as well as investors concerned about security ratings. After the 2008 financial crisis, credit-rating firms were criticized for taking lucrative fees and giving high grades to risky securities that later caused big losses for investors."
"After the financial crisis, the SEC didn't end the practice of bond issuers hiring the firms that rate their offerings. Instead, the SEC decided to encourage ratings firms to publish unsolicited ratings on securities they weren't hired to analyze. The agency crafted a rule to give them access to deal data to publish such ratings."
"In October, The Wall Street Journal reported that the program had failed to promote the issuance of unsolicited grades from ratings firms, which concentrated on grading deals they are hired to handle. The article followed an investigation that found that inflated credit ratings were making a comeback in structured-finance markets. Ms. Kane said that 'in light of comment received suggesting that the program is not achieving the commission's goals, the commission directed staff to further evaluate the effectiveness of the program overall.'"
From DS News. "Experts predict that increases in foreclosure and REO inflow will come from government-insured loans, according to the Auction.com 2020 Default Servicing Industry Insights. The majority of servicers Auction.com surveyed expect foreclosure and REO inflow to increase in five of seven U.S. regions. According to the report, 89% said they expect government-insured foreclosure and REO inflow to increase in 2020, the highest among four product types provided as options in the survey."
"The majority of survey respondents said they expect foreclosure and REO inflow to increase in 2020 in five of seven U.S. regions provided as options in the survey. 'Most in the default servicing industry expect government-insured loans to be the primary source of increased foreclosure inflow in 2020, even in the absence of a widespread recession or housing downturn,' said Jesse Roth, SVP of Strategic Partnerships and Business Development with Auction.com. 'That's a rational conclusion given the rising risk profile of FHA-backed loans originated in the last five years.'"
BostonBrooklynFHAforeclosureHousing bubbleMinneapolisNew York CityOakland CountyPalm SpringsRoanokeSan Franciscosubprime
https://www.youtube.com/watch?v=cz19VnxDJ-8&feature=youtu.be
We Cannot Keep Up With The Financial Burden Of This House
Two reports from the Buffalo News. "A Kuwaiti realtor and his multiple companies bought or…
Sellers Are Lowering Prices Left And Right And Also Paying Concessions And Closing Cost Again
https://www.youtube.com/watch?v=GqbHR6kqNfM https://www.youtube.com/watch?v=szJ8tfu8b10 https://www.youtube.com/watch?v=G3tIUXCRlLo
'I'm seeing lenders e-mailing almost weekly or monthly saying 'We can take lower credit scores now…There's less down payment. There are programs that are coming out that require no down payment at all. So I think it's as easy as it has ever been to get a mortgage'
Eat yer crowz jingle male.
'Experts predict that increases in foreclosure and REO inflow will come from government-insured loans…89% said they expect government-insured foreclosure and REO inflow to increase in 2020, the highest among four product types provided as options in the survey'
'Most in the default servicing industry expect government-insured loans to be the primary source of increased foreclosure inflow in 2020, even in the absence of a widespread recession or housing downturn…That's a rational conclusion given the rising risk profile of FHA-backed loans originated in the last five years'
If you lower lending standards, you get more defaults like turning a valve.
Five years. It was in late 2014 Mel Watt opened the lending spigots.
I do hope that Jinglemale gives up an update. Last we heard, he was liquidating his properties to retire in San Diego. IIRC he bought them outright in 2009-2010 so he's unlikely to lose money.
His a$$ is broke. He lives van down by the river.
HeadlessBankers says:
I have not met a single person in life who is not parroting the msm talking points about housing.
"There's no subprime this time." "It's different this time." "It's not a bubble."
I don't get it. These are otherwise reasonably intelligent people.
Do you want to eat the blue pill and climb back inside your matrix egg, and live-out your days in blissful ignorance and happiness?
Or take the red pill and realize that the MSM is lying to you and the system has been rigged against you since before you were born. You would think making the biggest purchase of one's life would motivate people to do their own research.
https://archive.org/details/TheCreatureFromJekyllIslandByG.EdwardGriffin/page/n3/mode/2up
"The quintessential treatise on economics. Cussed and discussed by all from notable politicians to academicians to laypersons. Do you want to know the truth about money? Creature from Jekyll Island will give you the answers to these, and other, questions: Where does money come from? Where does it go? Who makes it? The money magicians' secrets are unveiled. We get a close look at their mirrors and smoke machines, their pulleys, cogs, and wheels that create the grand illusion called money. A dry and boring subject? Just wait! You'll be hooked in five minutes. Creature from Jekyll Island Reads like a detective story which it really is. But it's all true. This book is about the most blatant scam of all history. It's all here: the cause of wars, boom-bust cycles, inflation, depression, prosperity. Creature from Jekyll Island is a "must read." Your world view will definitely change. You'll never trust a politician again or a banker."
'The long-time Palm Springs, California…sold for $6.495 million after it was restaged and relisted with a price reduction. The 11,080-square-foot residence, including eight bedrooms and 14 bathrooms, has been on and off the market since April 2015, once asking as much as $11 million'
Eat yer crowz Thornberg…
'One two-bedroom, two-bathroom Minneapolis house I saw on Zillow had skyrocketed in price in just over three short years — from $250,000 in 2016 to $345,000 in 2020'
This should never happen. It did happen, right out in plain view, and the MSM and central bankers didn't say boo.
'I thought about writing this while walking the span of Central Park South known as Billionaire's Row, an imposing stand of glass super-talls that are owned by the hundred millionaires and billionaires among us. Most of these units stand unattended by their owners, empty palaces in the sky. Where shortsighted thinking is taking precedent to reason and sanity in the name of fast dollars for the few'
There's empty canyons of super expensive airboxes all over the planet, but no bubble?
"Where shortsighted thinking is taking precedent to reason and sanity in the name of fast dollars for the few"
GREED.
$o, actually, the $ell.off$ in $tocks began last Thursday. 😷 😵 ☎ 🚑 … 🚁💲💰💉🎢 … 😇🎉
29,333.29 – 27,493.15 = … (-1840.14) (-6%) = a "$omewhat" decent $tart.
Some absolutely violent swings in the DOW right now. It sold off 50 points in the blink of an eye. It is down 505 right now.
Wow! This action is crazy. From -505 up to -460 in seconds!
Emancipate yourself from mental slavery
None but our self can free our minds
Have no fear for atomic energy
Cause none of them can stop the time
How long shall they kill our prophets
While we stand aside and look?
Some say it's just a part of it
We've got to fulfill di book
I'm a big Bob Marley fan.
As the song progresses, Marley turns his gaze outward to his adoring fans and gives them some words of advice. To do this, he borrows from a speech by noted orator Marcus Garvey, whose views on uniting all those of African descent were a strong influence on Rastafarian principles.
"Emancipate yourselves from mental slavery/ None but ourselves can free our mind," he paraphrases Garvey, suggesting that those he is addressing have the means within them to break free from any figurative bonds.
Marley also suggests that technological advances pale in comparison to cosmic truths. "Have no fear for atomic energy/ 'Cause none of them can stop the time." Yet he's dismayed at the deaths of the modern-day prophets (think JFK, MLK, etc.) at the hands of man, calling on his brethren to rise up to Biblical standards: "We've got to fulfill the book."
These empathetic strains and social concerns, along with its campfire sing-along quality, makes "Redemption Song" attractive fodder for cover artists, especially for those facing big crowds wanting to unleash positive vibes on the throngs.
That's probably why Bob Geldof and Steven Van Zandt teamed up for an impassioned version at the Amnesty International Conspiracy of Hope show in New York in 1986, or why Jackson Browne chose to perform it at the Concert for the Rock And Roll Hall of Fame in Cleveland in 1995.
Bob Marley essentially had that opportunity with "Redemption Song," the last song on his final album with The Wailers, Uprising, in 1980. He died on May 11, 1981 at age 36 from complications from cancer. While there's no indication that Marley knew for sure that the song would be his last recorded document, the contemplative mood of Uprising and the fact that he had been battling the cancer for years seems to suggest that he knew the end was near.
This article appears in our January/February Legends Issue.
Features |Articles |Behind The Song:
Behind The Song: Bob Marley, "Redemption Song"
By Jim Beviglia – September 26, 2019
I suspect we're in for a violent ride in the markets all week.
we're in for
Who do you mean we, Kimosabe?
LOL@ Fidelity and Schwab customers couldn't log into their accounts yesterday because of the coronacrash.
Were they logging in to sell, buy, or just observe?
Down 805.
29,333.29 – 27,111.29 = … (-2,222.00) (-7.15%) = a "$omewhat" + "better" decent $tart.!
Here come$ the parade of dtRumpsis Cheer.leader$!
Kudlow says U.$. can avoid rece$$ion if there is a global downturn
By Robert Schroeder |Published: Feb 25, 2020 1:59 p.m. ET
Top White House economi$t Larry Kudlow said Tuesday he's confident the U.S. would be able to avoid a rece$$ion even if other countrie$ experience one.
Speaking on CNBC, Kudlow said China would take "an awfully big hit" economically from the coronavirus but that recent data shows the U.S. is holding up well.
Earlier Tuesday an official from the Centers for Disease Control and Prevention said Americans should prepare for the COVID-19 coronavirus to spread in their communities and cause disruption.
( "China, we don't need you!" … "China, we need you!" )
I go away for lunch, another 250 points lost…
I'm comforted knowing I haven't lost a dollar because I don't participate in the reckless gambling of Wall St.
Unfortunately I have a lot of unvested RSU's at work, and I can only watch them drop in value.
I can only watch them drop in value.
That's just your tax liability being reduced! 😀 (I have the same)
It's best not to count your chickens before they hatch (although I understand the desire to).
Hide yo kids, hide yo wife.
egdoD94ani05ywH says:
$till bragging?
Stock intruder!
'Democratic presidential candidate Joe Biden unveiled a $640 billion housing plan on Monday that the former vice president's campaign said will improve affordability and establish a Homeowner and Renter Bill of Rights'
'The proposed bill of rights, modeled on similar legislation that passed in California, would bar mortgage servicers from foreclosing while homeowners are modifying loans and establish a right to timely notifications of loan modification status for borrowers'
https://thehill.com/homenews/campaign/484309-biden-proposes-640b-housing-plan
Good thing this hack has no chance of getting elected.
I expect Sanders to push something even more radical if elected. Maybe forgive all government backed mortgages. Not that it will happen.
I get punished by both sides.
John g says:
Creepy Joe is disintegrating. Claiming his son was US attorney general and that he negotiated the climate accord in China with Deng Xiao Ping.
Open house popped up in my San Diego neighborhood over the weekend. Went to check it out. Yet another flip. One of these ~950 sq ft tiny 2/2 single car garage places. No landscaping aside from covering everything with mulch. Cheap laminate flooring, new kitchen appliances and granite counter tops. Didn't even look like they painted the place. Just like in the last bubble, at the peak the flips get sloppier and sloppier and "investors" go lower and lower with the quality of properties they try to eke out a profit from. Though I am utterly flummoxed to see this much investor activity in a market this inflated.
Open house popped up in my San Diego neighborhood over the weekend.
I went to two open houses on Sunday even though I wasn't interested in either. I wanted to see why they might be lingering on the market longer than some of their comparables. A HUGE puddle in front of the garage from Saturday's rain wasn't a good first impression for one of them.
Now he's just after asking people at his last speech to support him in his campaign for the "senate" and if people don't like him to vote for "the other Biden". The poor guy has gone daft.
C'mon man!
I got a plan.
We're gonna stop these foreclosures while homeowners are modifying these loans. Because in Wilmington, Delaware when I was the only white lifeguard at a public pool, this leader of a local gang named Corn Pop said that he will be waiting outside with a switchblade when my shift is over.
So I wrapped a metal chain around my arm and said me and Barack will assist tenants facing eviction.
Joe Biden Recalls Terrifying 1960s Public Pool Confrontation With Razor-Wielding Gangster Named "Corn Pop"
Posted By Tim Hains
On Date September 15, 2019
https://www.realclearpolitics.com/video/2019/09/15/joe_biden_recalls_terrifying_1960s_public_pool_confrontation_with_razor-weilding_gangster_named_corn_pop.html
NE OH – Rocky River Condo complex under construction burns up
San Francisco, CA Housing Prices Crater 25% YOY As Land Prices And Rental Rates Plunge On Tech Layoffs
https://www.zillow.com/san-francisco-ca-94123/home-values/
As one noted economist stated, "Housing prices are plunging and there is nothing you can do about it….. Nothing."
I$'nt It $till February? … Oop$, maybee pre.mature $peculation$!
… while pe$$imism among U.S. consumers fell to an almost 18-year low.
Busine$$
U.$. Con$umer Confidence Ri$es to Six-Month High on Outlook
Bloomberg |By Max Reyes |February 25, 2020
U.S. consumer confidence edged up in February to the best level in six months on an improvement in expectations, signaling that solid employment and cheap fuel are helping Americans look pa$t concern$ about the spread of the coronaviru$.
The Conference Board's reading increased to 130.7 from a downwardly revised 130.4 in January, according to data from the New York-based group Tuesday that fell short of estimates in Bloomberg's survey of economists. The economic expectations measure climbed to a seven-month high that barely offset the weakest reading for the present situation in eight months.
Key Insight$:
The fourth straight gain indicates that consumers are still upbeat as the labor market remains robust. The composition of the report showed that buying plan$ for auto$, home$ and appliance$ all po$ted increa$e$.
The report showed 6.3% of respondents indicated they planned to buy a new vehicle in the next six months, while 2.4% said they aim to purchase a new home, both multi-year highs.
The reading is in step with other confidence measures, which remained elevated in February. The University of Michigan's survey rose to the highest level in almost two years, while pessimism among U.S. consumers fell to an almost 18-year low, according to Bloomberg's Consumer Confidence Index.
Harbor Bluffs, FL Housing Prices Crater 14% YOY As Gulf Coast Housing Prices Drop Like A Rock
https://www.zillow.com/harbor-bluffs-fl/home-values/
A noted economist stated, "If you have to borrow for 15 or 30 years, you can't afford it nor is it affordable."
Change$ are.a.foot for Thee Wanker.Banker$! … $ad, $o very $ad. … Go, Robot$!
Ouch. Investment banking revenue hasn't been this weak since 2008
By Matt Egan, CNN Business | Tue February 25, 2020
Revenue at the top 12 global inve$tment bank$ fell 3% in 2019 to the weake$t level since the chao$ of the 2008 financial cri$is, according to Coalition, a business intelligence provider.
Revenue is down for the fourth year out of the past five.
New York (CNN Business)
Pink slips are flying on Wall Street and at leading investment banks around the world as the industry grapples with shrinking revenue and profound change to their business models.
HSBC announced plans last week to slash about 35,000 jobs to combat crumbling profits. Deutsche Bank (DB) cut 18,000 jobs last summer as Germany's biggest bank tries to rebuild itself. And Morgan Stanley (MS) trimmed its workforce by 1,500 late last year.
Even big bank bosses are on the chopping block. The CEOs of Credit Suisse, UBS (UBS) and HSBC (HBCYF) have all stepped down for various reasons within the past six months. And Barclays CEO Jes Staley is being investigated by regulators over his ties to disgraced financier Jeffrey Epstein.
Meanwhile, Morgan Stanley is spending $13 billion to acquire online broker E-Trade (ETFC) in a bid to make its business model less volatile.
"Investment banks are being forced to rethink their entire business," said Ian Winer, a Wall Street veteran who currently serves as an advisory board member at hedge fund Bellator Asset Management. "There just aren't many ways for them to make money in the traditional way."
IPO dud$:The
That's why they are doing some serious belt-tightening. Headcount at leading investment banks dropped by 6% last year, the fifth-straight year of declines, according to Coalition.
"The quickest way to cut costs are personnel. It's like shoot first and ask questions later," said Winer.
"The IPO market collapsed after WeWork," said Gerard Cassidy, a banking analyst at RBC Capital.
Some companies like Slack (WORK), Spotify (SPOT) and iHeartMedia (IHRT) have decided to go public through direct listings, bypassing the expensive fees they would owe investment banks altogether. Others like Richard Branson's Virgin Galactic (SPCE) went public through a merger with a special purpose acquisition corporation.
Muted volatility — until now at least
Another problem for investment banks is that up until very recently, financial markets have behaved very calmly. Extremely low interest rates from central banks around the world has suppressed market volatility. That, in turn, limits the fees that big banks haul in when large hedge fund clients trade with a frenzy. And it lowers demand for the complex equity-trading instruments that sophisticated clients buy from investment banks during times of market turmoil.
Even Monday's 1,000-point plunge on the Dow only lifted the VIX (VIX) volatility index to 24. That's still relatively calm by market freakout standards.
"People just aren't trading as much. It's harder for banks to make money," said Winer.
The rise of the robot$:
RBC's Cassidy partially blames the "electronification" of the business. As robots replace humans in trading, large institutional investors are demanding lower fees for executing trades.
"The days of thousands of traders on the New York Stock Exchange are gone. It's all been replaced by robots," said Cassidy.
Robots are also replacing stock pickers. Investors have ditched expensive active managers in favor of dirt-cheap ETFs and other passive investment vehicles. That long-running trend is forcing active investment firms to find ways to cut costs, including by demanding cheaper transaction costs from the major investment banks executing their trades.
The ETF boom is also spurring consolidation. Last week, Franklin Templeton parent Franklin Resources reached a $4.5 billion deal to acquire rival Legg
At the same time, the online brokerage industry has been turned on its head by the rise of Robinhood and free trading. Discount brokers slashed their trading fees to zero and Charles Schwab (SCHW) and TD Ameritrade (AMTD) are joining forces. This free trading phenomenon is putting additional pressure on investment banks to cut their transaction costs.
"I don't know how you compete against that," said Winer.
All of these headaches help explain Goldman Sachs's decision to build a consumer banking giant called Marcus and Morgan Stanley's takeover of E-Trade. After the E-Trade deal is finalized, Morgan Stanley will generate 57% of its pre-tax profits from wealth and investment management. That's up from just 26% a decade ago.
Wall Street firms are diversifying away from the volatile markets business in favor of more stable Main Street ones.
"The whole game has changed," said Winer.
The Dow is cratering, but gold and silver are also down substantially? I don't get it.
And meanwhile, the Palladium bubble continues to inflate. I sold mine it about 1,600, cuz I couldn't imagine it going higher. I have no idea why it was 1600 then, and even less idea why it's 2600 now.
Because of speculators like yourself.
Take a deep breath. Deflation is in the air.
I don't get the decrease in gold either. Btc is down even worse.
Gold is overpriced. Look at the 20 year chart.
Perhaps one might like to compare that 20 year chart to the M2 money supply found here:
https://fred.stlouisfed.org/series/M2
Also the all in sustaining cost of production per ounce which is somewhere north of 1000$/oz.
For comparison, oil is about 50$/barrel and the lowest cost producer is Aramco at about 3$/barrel. I believe the global average production cost per barrel is between 30-40$/barrel.
Money is borrowed into existence. And, the money supply really increases as mortgage borrowing increases especially when the homes are over-priced. The increased taxes, fees, etc., are helping to pay for the baby boomer entitlement tsunami as Wall street failed to provide stable retirements.
By the way, silver is down almost 5%. It's one of the worst performers today.
Silver is down because all the margin call losers are liquidating assets. I'm happy to buy as much as I can at these prices.
South Korea Coronavirus infections are now roughly 1,000, and surging. That's the same number China was reporting one month ago today. However, South Korea has less than 4% of the population that China has.
Mike in Carlsbad says:
Click on my name for full link.
Housing Market Is Strong But Home Prices Are In A Bubble: Book Profits On These 5 Stocks
Intelligent Investing
Richard Henry Suttmeier Contributor
Homebuilder sentiment is strong. Single-family housing starts are rising. Home prices are in a reinflated bubble.
Recent housing data has been positive.
The National Association of Home Builders Housing Market Index slipped by one point in February to a still extremely elevated reading of 74, well above the neutral reading is 50. The last three monthly readings are the highest levels since December 2017.
Single-family housing starts decreased by 5.9% in January to a seasonally adjusted annual rate of 1.01 million units. Despite this slip single-family starts have been above one million for the second month in a row.
Despite these positives, homebuilders are concerned about excessive regulations, labor shortages and rising materials costs.
The latest reading is for November 2019. The 20-City Composite is up 2.6% year-over-year from 2.2% in October as the home-price bubble continues to reinflate. The three leading cities are Phoenix, up 5.9%; Charlotte, up 5.9%; and Tampa, up 5%.
The chart shows that home prices peaked in July 2006 and declined by 35.1% to a cycle low in March 2012. Since then the home-price bubble reinflated by 63.1%. This reading is 5.9% above the July 2006 high. This questions home affordability. Household incomes did not match this rise since March 2012 and household debt rose to record levels of 14.15% at the end of 2019.
Based on us trying to purchase in San Diego, its full steam ahead. We offered cash for a home in Vista that has falled out of escrow 4 times. Of course our offer was low so the seller took the conventional financing, their realtor told us sorry they went with the higher offer, and 5 hours later said the buyer had an illness and withdrew would we come up. Nope, final offer. Home continues to sit.
The neighborhood we really like in Oceanside comps were falling to 699-710k then last month shot up with 2 closes in mid 750's and now in less than a week their neighbor sold for 800k. So 100k increases ever since the last interest rate cut.
Why would you be paying cash for an outrageously overpriced shack when you know we're in the biggest bubble in history?
He said that he lowballed, but by how much?
You read this blog and are still trying to buy in the midst of a bubble? Some DebtDonkeys never learn. Even dumber to buy a house that fell out of escrow 4 times and likely has something uncovered during inspection. It's unlikely the sellers picked four offers that were so poorly qualified. And you are supposedly seeing a near 100k (12%) gain in a few months, and you don't see any problem with buying?
Rent for less and buy after prices correct.
and likely has something uncovered during inspection ??
In California, that information found "must" be disclosed to any future buyer…Big trouble if you don't…Both criminal & financial…
"We offered ca$h …" = de$peration … (It has a peculiar $ort of $mell, attract$ buzzard$, they might be circling around you now as move full.$team ahead!)
james jim says:
I was looking at Oceanside today, some decent homes under 650k, pleasantly surprised.
Dear Jim, what income$ i$ required to $upport a $650,000 plea$ant mortgage$ payment$ for those $helter.$hacks in wonderous$ Ocean$ide$? … (Excluding any "normal.co$t.of.living$" (- minu$ + babie$) for a young couple in their 20'$?)
Go Robot$ & "other$!"
Again, not sure how this realwhore b*t*h got my contact but Linda from LV just sent me this email. At least they are admitting now prices are dropping. This is the new selling points and of course, for all you broke losers with no money, here are some loan assistance programs!!!
Spring is almost here and that means the Busy Home Shopping Period is about to Begin! With a High Inventory of Homes and Prices are Dropping, there are Great Loan Incentive Programs too.
There are 3 Down Payment Assistance Loan Programs Available now- up to $24k!
lindas saving money home pic.jpg
The Home is Possible Program, gives you up to 5% down payment assistance, all areas of Las Vegas & Henderson included!
Home at Last Program, gives you up to $24,000- down payment assistance, restricted parts of Las Vegas Qualify for it- the Northwest, the North, part of Southern Summerlin & Southern Highlands, Enterprise area and the Wetlands Area on the South East side.
The HOPE Program, gives you up to $20,000- down payment assistance, restrict areas of Las Vegas in these zip codes- 89030, 89101,89102, 89103, 89104, 89106, 89107,89108,89109,89110, 89115, 89119, 89120, 89121, 89122, 89146, 89156 & 89169
Contact me for the Details and let's go House Shopping!
'With a High Inventory of Homes and Prices are Dropping'
Doom and gloomer.
See? Even Realturds are getting on board.
Monkeys can be trained after all.
Step right up and catch yourself a falling knife!
"Down Payment Assistance Loan Programs"
I don't need this. I could qualify for a 15 year mortgage with 20+ percent down on used house in Denver, but I won't buy at today's asking prices.
Turning the heat up tonight (on the landlord's dime) because it's going down to 8F degrees, haven't directly paid a heat bill to a utility company in a decade LOLZ.
"…down to 8F degrees…"
I imagine that apartment walls perform poorly at those temperatures. Do you have a unit below yours?
Where exactly is South Summerlin? I wonder if my old neighborhood, in the 7400 block of West Charleston, as part of that
HGTV's "Boise Boys" lie to viewers, forced to list renovated houses for rent on AirBNB:
https://boisedev.com/news/2020/02/24/boise-boys-list-some-homes-on-airbnb-cast-for-remodel-show
I posted an article about these clowns saying the sold a shack and hadn't – over a year ago.
There's a whole bunch of liars out there saying "house across the street just sold 5 minutes after it was listed."
Never any proof. No data. Nothing but lies.
Think about the implications. If they could sell they would and they can't. Yet every single RE outfit in the US has been crowing about how red-hot! Boise is for a long time. Somebody is a lion. And they have been for at least a year.
Sometimes reports are accurate. But when it comes to the REIC you just can't trust anything they say.
"Nothing but lies."
"Waco real estate agent arrested again on charges he exploited elderly man"
https://www.wacotrib.com/news/crime/waco-real-estate-agent-arrested-again-on-charges-he-exploited/article_dd0a7dd2-e01e-5b2b-827e-2f8f96ff2422.html
They're incorrigible. Larcenous. Untrustworthy.
yer "channeling" dtRumpsis … Heeheeheee
rebelSpill says:
Maybe you should start your own blog where you can post your inane babblings courtesy of Orange Man Bad syndrome. Your nonsense is ~ 20% of the text on this comment board? Time to go and take your dumb azz dollar signs with you!
As a former liberal, I can deal with the content of the posts, but the extraneous emojis and $$ are a toughie for me.
Your non$en$e is ~ 20% of the text on this comment board?
Hwy comments x9 … Total comment$ @ this juncture: 72
72/9 = 8% … knot$ yer … 20%
($o much Wall.$treet craterin' & $helter.$hack.$uffering$, eye can't keep up!)
Iffin' yer $tock.pickin'.abilitie$ are @ $kill level$ with yer math, you mu$t be $uffering incon$olably.I
Yoda: "yer.nerve$, … $ensitive they mu$t bee. $tay with the kind force$!" & live.long & pro$per! 🙅✌
Time to go and take your
He's an old friend here Newbie.
Get the Joshua Tree Extension if the $$$ sets your hair on fire.
Did rebelSwill get triggered?
I dunno i think its a radical way of posting.. ya make me LaFF Hwy….
$orry, eye cannot find a emoji for "humility" …
May bee 🐜 … 💞 … ( what does that $uggest for what'$ creatively available from the creator$ of such digital.device$? )
" … i think its a radical way of posting. "
"Evolution of language is the gradual change in human language over time. It involves the origin and divergence of language$ and language familie$, and can be considered analogous to biological evolution, although it does not nece$$arily occur through the same mechanisms.
Evolution of language – Late$t re$earch and news | Nature
I love me some Hwy.
Which comes from…
https://www.youtube.com/watch?v=x6hXKx2p3rA
'While home prices have reached the peak levels seen during the height of the housing boom, there is no evidence of a bubble because price appreciation now is much more modest,' says Virginia REALTORS Chief Economist Lisa Sturtevant, PhD.
It wasn't a housing "boom," Lisa. It was a classic bubble. Now the Keynesian fraudsters at the Fed have blown another bubble. And it's going to end in tears just like the first one.
"Good news: 2020 is looking like another fabulous year for both commercial and residential real estate purchases.
Once the Everything Bubble implodes, it will indeed be a fabulous year for real estate purchases.
San Diego, CA Housing Prices Crater 17% YOY As One Broker Shared, "Rent A House For Half The Monthly Cost. Buy It Later Because Prices Are Plunging."
$ad, … $o $ad. … 1$t Wanker.Banker$, now $helter.$hack.builder$. T$k, T$k
$hares of Toll Brother$ $lumped 8.6% to $40.50 a share in after-hours trading.
Toll Brothers stock down 7%+ after lower Q1 profit
MarketWatch |Published: Feb 25, 2020 | By Kimberly Chin
Toll Brother$ Inc. posted lower first-quarter profit as $ales $lipped.
The home-construction company reported $56.9 million, or 41 cents a share, in earnings in the quarter ended Jan. 31, down from $112.1 million, or 76 cents a share, in the same quarter last year.
$elling, general and admini$trative expense$ notched up 18% from a year earlier.
Toll Brothers reported $1.33 billion in sales, down from $1.36 billion in the prior year. Analysts expected $1.44 billion.
Luxury stores, like Hermes — coming to Somerset Collection this year
Somerset Collection is near and dear to us. Having said that — you ought to have a look at this particular store's web site:
https://www.hermes.com/us/en/product/summer-sandal-H182372ZH03430/
Yes, that's a $445 pair of flip flops.
Should note that Hermes has displaced the Crate & Barrel that formerly occupied this location, the latter now having relocated to another metro area mall somewhat less frequented by folks who light their cigars with Benjamins.
Lee said the experience of an [Restoration Hardware] Gallery is a trend keeping malls relevant, like the one that was pitched for downtown Birmingham but was scrapped after the development around the North Old Woodward bond proposal failed last fall.
RH is another Somerset Collection store. I posted here about the failed ballot measure to replace the old parking structure (which is apparently now dropped a chunk of concrete on an unfortunate person's car) last fall. Voters rejected the proposal mainly due to what they felt what dishonesty about how much parking would have actually gone to city residents versus the businesses that were included in the project:
https://www.hometownlife.com/story/news/local/birmingham/2019/08/06/birmingham-election-2019-parking-proposal-fails/1934863001/
"We're here in beautiful downtown Birmingham, and you'll see the overall sales went down 8.6%," North said. "That seems really concerning, but I would be careful when we're looking at numbers like this. That represents a much larger amount of sales in comparison to Bloomfield Township — well, certainly Bloomfield Hills."
Nice spin there, John. Birmingham is flush (and getting flusher) with seven figure luxury properties that are unoccupied and growing moldy, with no prospective buyers in sight.
"I do think there are things that Birmingham or Bloomfield Hills could do to increase affordable housing if they chose to make that something they felt was needed in the community, whether it's through maybe creating some tax breaks and incentives for developers to work that land that is perhaps a little more expensive than other places," North said, explaining that developers need to offset the high costs incurred between the time they purchase the land and put a shovel into the ground.
Nope — couldn't keep a straight face…
Looking for an "affordable" home in the city? Here you go:
https://www.zillow.com/homedetails/1744-Maryland-Blvd-Birmingham-MI-48009/24506933_zpid/
Anything in this city cheaper than $300K is either a poorly maintained rental or has a date with the wrecking ball.
"I'm not a big believer that we're in a bubble of any sort as it relates to real estate, residential or commercial. I believe due to a lot of the changes that were made during the last downturn, and I think most experts believe, that if we have a recession, it would probably be short lived, and certainly there's no indication that housing will play any role in leading us into it like it did in the past one," he said.
Saving this.
"It's A Big Club And You Ain't In It"
"Ye$, that's a $445 pair of flip flop$." 👣
I$n't it a wonderou$ thing to utilize credit$ & the endle$$ ability to ama$$ debt$ to $uperlative level$? 💳🏧😍👏
I grew up in Beverly Hills, been gone for 30yrs, still have family there. ABSOLUTELY STUPID HOUSING PRICES, fun town if you are single, have money, and a place in Harbor Springs to spend the holidays. Other then that, it's cold and grey 7 months outta the year, taxes are way way way to high, the roads suck, Detroit is coming back, and cool if oyu are young. Grand Rapid, thats a cool town, S.E. capital. Again, housing is way over priced, and ripe for a 20-30% drop over the next 2yrs.
"Again, housing is way over priced, and ripe for a 20-30% drop over the next 2yrs."
$o for some folks:
$600,00 – 30% = (-180,00) = $420,00)
Bugs: " eh, eye think yer on to $omething Doc! "
Dear Professor, could you plea$e check my math … It'$ almost a 4th knight!
Go james jim!
Dai$y petal$ falling DOWn: "We don't need China!" … "We need China!"
$uch indeci$ion is $o $ad. … (Confucius fortune.cookie$ says: "He WHO cannot decide, is lo$t.)
OUT$IDE THE BOX:
Opinion: China faces the po$$ibility of a financial cri$i$, which would $end a $hockwave through the world!
MarketWatch | By Brian Frank | Published: Feb 25, 2020
Chine$e bank failure$, loan default$ and $upply-chain di$ruption$ would put dent$ in global GDP
We may not know for months, or even years, the global health implications of COVID-19. What we do know is China is effectively locked down with minimal return to work, neighboring countries including Japan and South Korea are already canceling major events like the Tokyo Marathon, and consumers worldwide are rapidly altering their spending patterns. Those changes affect global company earnings and markets regardless of the ultimate spread of COVID-19. How large of an effect is difficult to determine.
Why? China has been in a construction-spending spree since the global financial crisis, fueled by its central bank, the People's Bank of China (PBoC), creating gobs of money and lowering lending standards. As a result, the country is the largest buyer of most commodities and construction materials, and companies worldwide have reaped the benefit of this frenzy.
Like all economic booms, excess and mal-investment are present, with vacant real-estate properties and low or no return-on-investment projects. The sheer amount of loans outstanding require perfect economic conditions with no exogenous shocks. Currently, with mass quarantines and fear, it should be expected that a large percentage of these loans enter default. Given the extreme level of banking assets relative to Chinese GDP, this is a recipe for a financial crisis.
Should China enter financial crisis, the world would be severely impacted. Bank failures and loan defaults would spike, sending ripples around the global banking system. Given the record amounts of corporate debt at U.S. corporations, any increase in global lenders' fear levels would impact borrowers. As China is a main supplier of numerous Western companies, the ensuing disruptions and restructuring would add to the supply-chain shocks already present with COVID-19.
Looking at companies' supply chain and overall sales exposure to China, the impacts of COVID-19 fear are clear. On Feb. 17, Apple AAPL-3.39% released an update on its quarterly guidance. The company said it did not "expect to meet the revenue guidance we proved for the March quarter due to two main factors." First, Apple is unable to source adequate supply of iPhones. Second, demand for Apple products in China has been affected due to partner store closures.
According to Apple's latest 10-K report, sales to Greater China were $43 billion in fiscal 2019, which is about 16.5% of total sales. Sales to Japan and "rest of Asia Pacific" are an additional $39.3 billion, bringing total sales to COVID-19-affected regions to 31.8% of Apple's sales. Apple did not provide an estimate for March 2020 quarterly sales
Tourism has already been impacted in China and other countries as well. Cruise-ship operators Royal Caribbean RCL-7.31% and Carnival CCL-5.08% have already issued earnings warnings. As the world watches a quarantined ship in Japan fail to prevent COVID-19 infection among most of the passengers, it is likely vacation-goers may think twice before booking a cruise this year or next. Events like the Tokyo Marathon have already been canceled, and investors may already be looking ahead to the potential cancelation of the Tokyo Summer Olympics as another hit to GDP. Now that COVID-19 has materialized in northern Italy, additional types of vacations may be canceled, and revenue lost.
Countless companies, banks, borrowers and consumers rely on complex supply chains for their incomes. As China is a much larger percentage of global GDP and bank assets than ever before, the country's strong, mandatory quarantine approach will affect the world even if infections abate.
Instead, with the recent spread to Japan, South Korea and Italy, it looks like total infections will continue to grow. With elevated valuations on U.S. stocks, it is unlikely that investors have discounted recessions, loan defaults or decreases in spending.
How the Coronavirus Revealed Authoritarianism's Fatal Flaw
China's use of surveillance and censorship makes it harder for Xi Jinping to know what's going on in his own country.
People wearing masks walk past a portrait of Chinese President Xi Jinping.
Aly Song / Reuters
China is in the grip of a momentous crisis. The novel coronavirus that emerged late last year has already claimed three times more lives than the SARS outbreak in 2003, and it is still spreading. More than 50 million people (more than the combined metro populations of New York, Los Angeles, Chicago, and San Francisco) remain under historically unprecedented lockdown, unable to leave their city—and in many cases, even their apartment. Many countries no longer accept visiting Chinese nationals, or if they do, quarantine them for weeks. Big companies are pulling out of trade shows. Production is suffering. Profound economic consequences are bound to ensue, not just in China but around the world.
How did Xi Jinping—the general secretary of the Communist Party of China, who has been consolidating his power since taking over the post in 2012—let things get to this point?
It might be that he didn't fully know what was happening in his own country until it was too late.
Xi would be far from the first authoritarian to have been blindsided. Ironically, for all the talk of the technological side of Chinese authoritarianism, China's use of technology to ratchet up surveillance and censorship may have made things worse, by making it less likely that Xi would even know what was going on in his own country.
You can bully people into pretending to obey, but you can't do that to a virus.
The coronavirus news keeps getting worser and worser.
Wall Street falls sharply for second day on virus fears
S&P 500 dips 3% and Treasury yields touch record low after US, Japan, Italy warnings
Coronavirus latest: Asia stocks fall after new Wall Street sell-off
US official warns public to prepare for coronavirus outbreak
To me it seemed like the bad news was there almost from the beginning. Some people are just now waking up and doing the math.
I was surprised to get retweeted by Mish Shedlock earlier today on this topic.
"The coronavirus news keeps getting wor$er and wor$er. "
aqdanny.boy = MIA
Oil$ = glut
Natural ga$ = glut
Coal.in.hole$ = glut
$hall eye goe$ on? …
T$k, T$k …
He must have caught the flu, caronaflu.
aqdanny.boy is $ailing on those "Boeing Dec 2019 tailwind$" May bee to the U$ Virgin I$lands? … Non.Hurricane.$eason! $tirring hi$ drink$, Go.Coal!
It's like coronavirus denial has given way to fear.
China fall in virus cases undermined by questionable data
Experts say decline in new infections is likely but official count also mired in politics
Italy warns EU on budget targets as coronavirus cases rise
Rome says Brussels may need to offer flexibility as outbreak extends to other EU countries
Chevron sends 300 UK workers home on coronavirus scare
Oil company tells staff in London to work remotely after employee reports symptoms
Read somewhere that they're closing schools in the UK as a precaution since many students are returning from ski trips in northern Italy and may have been exposed.
Markets Briefing
European stock sell-off deepens as coronavirus concerns rise
Stoxx 600 index falls for a third day as outbreak spreads and companies warn on impact
Coronavirus latest: WHO says outbreak not 'pandemic' even as Covid-19 spreads
Wall Street banks plan to separate Tokyo teams on virus fears
Nouriel Roubini: Markets are too complacent about virus
Who's that Lady – The Isley Brothers – HQ:
https://www.youtube.com/watch?v=f3Kf1Iy5E6U
Parliament — Come In Out Of The Rain (1970):
https://www.youtube.com/watch?v=PsP3rHs3oUI
Love.thi$.game:
Warren Zevon – Lawyer$, Gun$ and Monie$
34,882,519 view$
https://m.youtube.com/watch?v=lP5Xv7QqXiM
Haven't heard that in decades.
Found Billy Preston – Will It Go Round In Circles on the side bar to boot.
https://www.youtube.com/watch?v=6F_DRNCGjQM


text:
<!DOCTYPE html>

       <meta charset="UTF-8">

       <title>Booking</title>
<link rel="stylesheet" href="style.css">

Places where your friends travelled

Madrid

Ale, Jose and Fran stayed here

	Jose Maria: Madrid nunca defrauda, lo mejor es ir sin rumbo y dejarse sorprender.

	Fran Klein: Demasiados coches, demasiada polución, zonas céntricas demasiado llenas de gente dudosa.

	Ale Castells travelled to Madrid in 2015.

	See 25 hotels in Madrid

Paris

Mark, Justin and Jenny stayed here

	Mark Wells: Maravillosa ciudad que te hace sentir como en casa, por su amable gente, variedad en las opciones gastronómicas y de compras.

	Justin Long: Madrid nunca defrauda, lo mejor es ir sin rumbo y dejarse sorprender.

	Jenny Hens: Demasiados coches, demasiada polución, zonas céntricas demasiado llenas de gente dudosa.

	See 30 hotels in Paris

New York

Joe and Jill stayed here

	Joe Chan: Maravillosa ciudad que te hace sentir como en casa, por su amable gente, variedad en las opciones gastronómicas y de compras.

	Jose Maria: Madrid nunca defrauda, lo mejor es ir sin rumbo y dejarse sorprender.

	Robert Junior: Demasiados coches, demasiada polución, zonas céntricas demasiado llenas de gente dudosa.

	See 60 hotels in New York

	<button class="btn secondary" id="see_more">See more recommendations</button>

redpajama_set_name: RedPajamaGithub


text:
Atiśa
< People(Redirected from Atiśa Dīpaṃkara)
PeopleAtiśa
ཇོ་བོ་རྗེ་ཨ་ཏི་ཤ་
Atiśa(982 - 1054)
Indian Buddhist monk and scholar revered by Tibetan Buddhists as a leading teacher in the later dissemination (phyi dar) of Buddhism in Tibet. His name, also written as Atisha, is an Apabhraṃśa form of the Sanskrit term atiśaya, meaning "surpassing kindness." Born into a royal family in what is today Bangladesh, Atiśa studied Mahāyāna Buddhist philosophy and tantra as a married layman prior to being ordained at the age of twenty-nine, receiving the ordination name of Dīpaṃkaraśrījñāna. After studying at the great monasteries of northern India, including Nālandā, Odantapurī, Vikramaśīla, and Somapura, he is said to have journeyed to the island of Sumatra, where he studied under the Cittamātra teacher Dharmakīrtiśrī (also known as guru Sauvarṇadvīpa) for twelve years; he would later praise Dharmakīrtiśrī as a great teacher of bodhicitta. Returning to India, he taught at the Indian monastic university of Vikramaśīla. Atiśa was invited to Tibet by the king of western Tibet Ye shes 'od and his grandnephew Byang chub 'od, who were seeking to remove perceived corruption in the practice of Buddhism in Tibet. Atiśa reached Tibet in 1042, where he initially worked together with the renowned translator Rin chen bzang po at Tho ling monastery in the translation of prajñāpāramitā texts. There, he composed his famous work, the Bodhipathapradīpa, or "Lamp for the Path to Enlightenment," an overview of the Mahāyāna Buddhist path that served as a basis for the genre of literature known as lam rim ("stages of the path"). (Source: "Atiśa Dīpaṃkaraśrījñāna." In The Princeton Dictionary of Buddhism, 77. Princeton University Press, 2014. http://www.jstor.org/stable/j.ctt46n41q.27.)
On the topic of this person
History of Buddhism (Chos-hbyung), Part 2
The present volume contains the translation of the 2d Part of Bu-ton's History of Buddhism, i.e. of the historical part proper. The latter begins with the Life of the Buddha and ends with an account of the work carried out by the Tibetan Lotsavas and Indian Paṇḍits of Bu-ton's own period and immediately before him (XII and XIII Cent.), viz. the translation of the Buddhist kanonical texts and exegetical treatises from the Sanskrit. We have here, just as in the 1st Part, numerous quotations from both sūtra and çāstra. Owing to this it becomes possible to get a clear aspect of the principal sources from which Bu-ton has compiled his History, and which have likewise later on served as a basis for the work of Tārānātha. —
Bu-ton's History of Buddhism proper is divided into the following principal parts: —
I. The Life of the Buddha Çākyamuni, the narrative of the so-called 12 Acts of the Buddha (mdzad-pa bcu-gñis), or rather of the 12 principal events in his life. The account of the first eleven, ending with the first "Swinging of the Wheel of the Doctrine" (chos-kyi ḥkhor-lo bskor-ba = dharma-cakra-pravartana) represents a summary of the Lalita-vistara-sūtra and contains numerous verses from it. Then, after a short indication of the Second and the Third Swingings (i.e. of the Scripture of the intermediate and the later period), there follows the story of the Buddha's attainment of Nirvāṇa. It is taken from the Vinayakṣudraka (tib. Ḥdul-ba-phran-tshegs, Kangyur ḤDUL, XI), being a summary of the corresponding part of the latter.
II. The Rehearsals of the Buddhist Scripture. This part begins with the account of the first Rehearsal (Mahākāçyapa, Ānanda, Upāli), of the death of Kāçyapa and Ānanda, and of the second Rehearsal (Yaças, Kubjita, Revata, etc.). The only source here is likewise the Vinaya-kṣudraka, the corresponding text of which is rendered in an abridged form, all the verses being quoted at full length. As concerns the 3d Rehearsal and the 18 Sects, the texts referred to on this subject are: —
1. The Nikāya-bheda-upadarçana-saṁgraha of Vinītadeva (Tg.
MDO. XC.).
2. The Bhikṣu-varṣāgra-pṛcchā. of Padmākaraghoṣa (Ibid).
3. The Prabhāvati of Çākyaprabha. (Tg. MDO. LXXXIX.)
4. The Tarkajvālā of Bhāvaviveka. (Tg. MDO. XIX.)
The latter work, though not directly mentioned, represents the principal source. Some passages of it are fully contained in Bu-ton's text. —
Ill. The different theories concerning the time of duration of the Buddhist Doctrine. Here we have quotations from the Karuñā-puṇḍarīka, from Vasubandhu's Commentary on the Akṣayamati-nirdeça-sūtra (Tg. MDO. XXXV.), the Commentary on the Vajracchedikā. (Tg. MDO. XVI), the Commentary on the 3 Prajñāpāramitā-Sūtras (Tg. MDO. XIV), etc. We have likewise the chronological calculations of the Sa-skya Paṇḍita and others concerning the time that has passed since the death of the Buddha.
IV. The "prophecies" concerning the persons that have furthered the spread of Buddhism. The most important are those contained in the Lankāvatāra, the Mahākaruṇā-puṇḍarīka (Kg. MDO. VI), and the Mañjuçrī-mūlatantra. (Kg. RGYUD. XI. Narthaṅ edition, or XII. Derge edition) A separate prophecy referring to the Tantric Ācāryas, that of the Kālacakra-uttaratantra (Kg. RGYUD. I) and the Mahākāla-tantra-rāja (Kg. RGYUD. V), is given at the end of this part. It is especially the Mañjuçrī-mūla-tantra which is to be regarded as a source of the greatest importance, not only for the History of Buddhism, but for the historiography of India in general. The most interesting is that part of it which refers to the Indian kings, — Açoka, Virasena, Nanda, Candragupta, etc. Noteworthy is the passage concerning Pāṇini who is spoken of as the friend of the king Nanda. — A detailed analysis of the historically important parts of all these texts will be published by me before long. —
V. The biographies of the celebrated Buddhist teachers, viz. Nāgārjuna, Āryadeva, Candragomin, Candrakīrti, Āryāsanga, Vasubandhu, Sthiramati, Dignāga, Dharmakīrti, Haribhadra, Çāntideva, etc. Each of these is followed by a list of the works composed by the teacher in question. An indication of the volumes of the Tangyur (Sūtra and Tantra) in which the works are contained is always given in the notes.
VI. A short summary of the history of the grammatical literature, or rather of the legends referring to it, viz. the stories about Bṛhaspati, Pāṇini, Sarvavarman (alias Çarvavarman, Saptavarman, or lçvaravarman), etc. After that comes an enumeration of the kanonical texts (Sūtra and Tantra) which have been lost or have not been translated into Tibetan. —
VII. Prophecies of an apocalyptic character foretelling the disappearance of the Buddhist Doctrine. Among these, that of the Candragarbha-paripṛcchā is quoted at full length with a very few abbreviations. This prophecy is treated in the Kangyur as a separate work (Kg. MDO. XXXII). In this place the text of the Lhasa block-print of Bu-ton's History contains a great number of mistakes in the proper names, which are sometimes quite illegible (e.g. Akandradha instead of Agnidatta !). A correct rendering of these names has been made possible with the help of the Derge (Sde-dge) edition of the Kangyur.
VIII. The History of Buddhism in Tibet. It begins with the genealogy of the early legendary Tibetan kings, commencing with Ña-ṭhi-tsen-po. Next come the legends about Tho-tho-ri-ñen-tsen and Sroṅ-tsen-gam-po. These are followed by a more detailed account concerning the spread of Buddhism in Tibet during the reign of Ṭhi-sroṅ-de-tsen, viz. the activity of Çāntirakṣita (called the "Ācārya Bodhisattva"), the selection of the first 7 Tibetan monks [Sad-mi mi bdun], the dispute between the adherents of Kamalaçīla and of the Chinese Hva-çaṅ Mahāyāna (the Tsen-min and the Tön-mün), etc. Then we have a brief account of the reign of Ral-pa-can, of the persecution by Laṅ-dar-ma, and of the restauration of the Church by the 10 monks of Ü and Tsaṅ, an indication of the monasteries and monastic sections founded by the said monks and their pupils and, finally, a narrative of the events that followed, viz. the arrival of Dīpaṁkaraçrījñāna (Atīça) in Tibet and the subsequent propagation of Buddhism. In particular we have an enumeration of the texts translated by some of the Lotsavas from the Sanskrit. It may be noted that, with very few exceptions, the texts mentioned belong to the Tantric parts of the Kangyur and Tangyur. Here ends the history proper. It is followed by a list containing the names of all the Paṇḍits and Lotsavas who have acted in Tibet, beginning with Çāntirakṣita and Padmasaṁbhava. With it ends the 3d Chapter (leḥu) of Bu-ton's text: "The History of the Doctrine in Tibet".
The last part is a systematical Index of all the Buddhist literature which has been translated from the Sanskrit by the Lotsavas and Paṇḍits. It is divided into 1. Sūtra Scripture (including the Vinaya, Prajñāpāramitā, Avataṁsaka, Ratnakūṭa, and Sūtra sections of the Kangyur), 2. Sūtra Exegesis, 3. Tantra Scripture, and 4. Tantra Exegesis. This Index, as well as the list of the Lotsavas and Paṇḍits, arranged in the alphabetical order, will form a separate 3d part which is to contain numerous other Indices and Appendices besides.
The part now published, similar to the first, includes a great number of smaller chapters and subdivisions. The system according to which these have been designated, is the same as in the first part, and is directly connected with the latter. A full table of the contents is given at the end. — (Obermiller, introduction, 3–6)
Obermiller, Eugène, trans. History of Buddhism (Chos-hbyung): Part 2, The History of Buddhism in India and Tibet. By Bu-ston. Materialien zur Kunde des Buddhismus 19. Heidelberg, Germany: Harrassowitz, 1932. https://archive.org/details/historyofbuddhismbustonobermillere.part2historyofbuddhisminindiatibet_430_V/mode/2up.
Obermiller, Eugène, trans. History of Buddhism (Chos-hbyung): Part 2, The History of Buddhism in India and Tibet. By Bu-ston. Materialien zur Kunde des Buddhismus 19. Heidelberg, Germany: Harrassowitz, 1932. https://archive.org/details/historyofbuddhismbustonobermillere.part2historyofbuddhisminindiatibet_430_V/mode/2up.;History of Buddhism (Chos-hbyung), Part 2;History;Bu ston rin chen grub;Nāgārjuna;Candrakīrti;Vasubandhu;Sthiramati;Haribhadra;Śāntarakṣita;Kamalaśīla;Heshang Moheyan;Atiśa;Pad+ma 'byung gnas;Butön Rinchen Drup;བུ་སྟོན་རིན་ཆེན་གྲུབ་;bu ston rin chen grub;bu ston kha che;bu ston thams cad mkhyen pa;Buton Khache;Butön Tamche Khyenpa;Rinchen Drub; Eugène Obermiller;History of Buddhism (Chos-hbyung): Part 2, The History of Buddhism in India and Tibet
Mind Seeing Mind
Roger Jackson's Mind Seeing Mind is the first attempt to provide both a scholarly study of the history, texts, and doctrines of Geluk mahāmudrā and translations of some of its seminal texts. It begins with a survey of the Indian sources of the teaching and goes on the discuss the place of mahāmudrā in non-Geluk Tibetan Buddhist schools, especially the Kagyü. The book then turns to a detailed survey of the history and major textual sources of Geluk mahāmudrā, from Tsongkhapa, through the First Panchen, down to the present. The final section of the study addresses critical questions, including the relation between Geluk and Kagyü mahāmudrā, the ways Gelukpa authors have interpreted the mahāsiddha Saraha, and the broader religious-studies implications raised by Tibetan debates about mahāmudrā. The translation portion of Mind Seeing Mind includes eleven texts on mahāmudrā history, ritual, and practice. Foremost among these is the First Panchen Lama's autocommentary on his root verses of Geluk Mahāmudrā, the foundation of the tradition. Also included is his ritual masterpiece Offering to the Guru, which is a staple of Geluk practice, and a selection of his songs of spiritual experience. Mind Seeing Mind adds considerably to our understanding of Geluk spirituality and shows how mahāmudrā came to be woven throughout the fabric of the tradition.
Jackson, Roger R. Mind Seeing Mind: Mahāmudrā and the Geluk Tradition of Tibetan Buddhism. Studies in Indian and Tibetan Buddhism. Somerville, MA: Wisdom Publications, 2019.
Jackson, Roger R. Mind Seeing Mind: Mahāmudrā and the Geluk Tradition of Tibetan Buddhism. Studies in Indian and Tibetan Buddhism. Somerville, MA: Wisdom Publications, 2019.;Mind Seeing Mind;Mahamudra;Geluk;Vajrayana;Nāropa;Maitrīpa;Atiśa;Kadam;Shangpa Kagyu;Sakya;Nyingma;Mar pa chos kyi blo gros;mi la ras pa;Sgam po pa;Karma Kagyu;Drukpa Kagyu;Drikung Kagyu;Sa skya paN+Di ta;Karmapa, 3rd;Great Madhyamaka;gzhan stong;Jonang;Karma phrin las pa;Pawo Rinpoche, 2nd;Karmapa, 8th;Dwags po bkra shis rnam rgyal;Pad+ma dkar po;Karmapa, 9th;Tsong kha pa;mkhas grub rje;Nor bzang rgya mtsho;PaN chen bsod nams grags pa;Panchen Lama, 4th;Lcang skya rol pa'i rdo rje;Tukwan, 3rd;Zhabs dkar tshogs drug rang grol;Roger R. Jackson; Mind Seeing Mind: Mahāmudrā and the Geluk Tradition of Tibetan Buddhism;Tsong kha pa;Tshe mchog gling ye shes rgyal mtshan;Panchen Lama, 4th;'dul nag pa dpal ldan bzang po;Nor bzang rgya mtsho;Tukwan, 3rd
Rong-zom-pa's Discourses on Buddhology
The present study looks into the investigation of buddhology1—that is, conceptions of Buddhahood found in various traditional Buddhist systems and scriptures—by the eleventh-century rNying-ma author and translator Rong-zom Choskyi-bzang-po (henceforth Rong-zom-pa). The bulk of attention will be devoted to his work titled Sangs rgyas kyi sa chen mo (henceforth Sangs sa chen mo) (An Extended [Exposition on] the Stage of a Buddha). This treatise—the only known Tibetan (and, as far as I am aware, indeed pan-Indian) work of its kind on buddhology—discusses its subject at length, focusing on the controversy about whether gnosis exists—on the conventional level—at the stage of a buddha.2 My attention was first drawn to this controversy when I was working on my Master's thesis, titled "The Life and Works of Rong-zom Paṇḍita," for which I critically edited and translated Mi-pham-rgya mtsho's (1846–1912) Rang zorn gsung 'bum dkar chag me tog phreng ba (Garland of Flowers: A Catalogue to Rong-zom's Collected Works), and prepared a detailed catalogue of Rongzom-pa's three-volume collected works.3 In his catalogue, Mi-pham devotes an entire passage to this issue, with the aim of refuting what he believed to be the wrongly held view that Rong-zom-pa denied the existence of gnosis at the stage of a buddha. Any denial of the existence of gnosis had obviously been difficult to digest by most Tibetan scholars, and the prevailing position in Tibet was and still is that a buddha does possess gnosis. Mi-pham attempts to interpret Rong-zom-pa's statements in which he unquestionably maintains that gnosis does not exist at the stage of a buddha as only referring to gnosis that had been generated on the path but not to gnosis as such, for Rong-zom-pa, Mi-pham argues, is an expounder of rDzogs-chen, a system in which what is called 'self-occurring gnosis' (rang byung gi ye shes: svayaṃbhūjñāna) features prominently. Nonetheless, from my examination of Rong-zom-pa's discussions of the whole issue, it has become evident that he did indeed deny the existence of any cognitive element whatsoever at the stage of a buddha, the sole constituent of Buddhahood being for him the purified dharmadhātu. Although he alludes to self-occurring gnosis on numerous occasions in his works, there is a salient difference between his and Mi-pham's understanding of the term: for Mi-pham self-occurring gnosis is something cognitive, whereas for Rong-zom-pa, who equates it with the dharmadhātu, it is not. Rong-zom-pa, however, does not deny that a buddha's gnosis, as mere appearance, manifests to those who have not yet attained release and thus have not yet eliminated all their delusions. A buddha, on the other hand, whose delusions have been completely exhausted, does not possess such gnosis. This position of Rong-zom-pa's does not seem to be an exceptional case. It can be shown in fact that numerous, if not the majority, of Indian Madhyamaka scholars of the eleventh century took a position similar to that of Rong-zom-pa. Furthermore, several works of early bKa'-gdams scholars that have come to light recently show that Rong-zom-pa was not the only Tibetan of his time to hold such a view. It thus appears that while the latter was indeed current among Tibetan scholars of the eleventh century, for a variety of reasons it was soon superseded by the less radical position which allows for the existence of some kind of cognitive element. (Almogi, preface, 13–14)
1. Following Paul Harrison, I employ the term 'buddhology' (written in lower case) to refer to theories on and conceptions of the nature of a "buddha" (i.e., Buddhahood), while reserving 'Buddhology' (capitalized) for an alternative designation for Buddhist Studies. See Harrison 1995, p. 24, n. 4.
2. In the present study I differentiate between a buddha (i.e., written in lower case and italicized), a title referring to any unspecified awakened person, and Buddha (i.e., written in roman and capitalized), a title referring to Śākyamuni Buddha or any other particular awakened person. (The same convention has been employed in the case of other titles: for example, bodhisattva versus Bodhisattva.) This differentiation is particularly important for the discussion of buddhology, or conceptions of Buddhahood, since some such conceptions (particularly the earlier ones) are clearly only associated with the person of the historical Buddha, while others, which commonly represent later developments in which a plurality of buddhas is affirmed, concern all awakened persons. To be sure, often there is no clear-cut borderline. In such cases I have employed both forms as alternatives.
3. A considerably revised and enlarged version of the thesis is currently under preparation for publication in the near future.
Almogi, Orna. Rong-zom-pa's Discourses on Buddhology: A Study of Various Conceptions of Buddhahood in Indian Sources with Special Reference to the Controversy Surrounding the Existence of Gnosis (jñāna: ye shes) as Presented by the Eleventh-Century Tibetan Scholar Rong-zom Chos-kyi-bzang-po. Studia Philologica Buddhica Monograph Series 24. Tokyo: International Institute for Buddhist Studies, 2009.
Almogi, Orna. Rong-zom-pa's Discourses on Buddhology: A Study of Various Conceptions of Buddhahood in Indian Sources with Special Reference to the Controversy Surrounding the Existence of Gnosis (jñāna: ye shes) as Presented by the Eleventh-Century Tibetan Scholar Rong-zom Chos-kyi-bzang-po. Studia Philologica Buddhica Monograph Series 24. Tokyo: International Institute for Buddhist Studies, 2009.;Rong-zom-pa's Discourses on Buddhology;Rong zom chos kyi bzang po;Mi pham rgya mtsho;Klong chen pa;dharmadhātu;prajñā;Atiśa;Jñānacandra;Dharmamitra, Bhikshu;Ye shes sde;Gro lung pa blo gros 'byung gnas;Sgam po pa;trikāya;Orna Almogi; Rong-zom-pa's Discourses on Buddhology: A Study of Various Conceptions of Buddhahood in Indian Sources with Special Reference to the Controversy Surrounding the Existence of Gnosis (jñāna: ye shes) as Presented by the Eleventh-Century Tibetan Scholar Rong-zom Chos-kyi-bzang-po;Rong zom chos kyi bzang po;Klong chen pa;Mādhyamikasiṁha
Six Tibetan Translations of the Ratnagotravibhāga
Kano, Kazuo. "Six Tibetan Translations of the Ratnagotravibhāga." China Tibetology 23, no. 2 (2014), 76–101.
Kano, Kazuo. "Six Tibetan Translations of the Ratnagotravibhāga." China Tibetology 23, no. 2 (2014), 76–101.; Six Tibetan Translations of the Ratnagotravibhāga; Six Tibetan Translations of the Ratnagotravibhāga; Textual study; Ratnagotravibhāga Mahāyānottaratantraśāstra; Atīśa; Nag 'tsho lo tsA ba tshul khrims rgyal ba; Rngog blo ldan shes rab; Sajjana; Mar pa do pa chos kyi dbang phyug; Jo nang lo tsA ba blo gros dpal; Pa tshab lo tsA ba nyi ma grags pa; Kazuo Kano;
The Transmission of Sanskrit Manuscripts from India to Tibet
Kano, Kazuo. "The Transmission of Sanskrit Manuscripts from India to Tibet: The Case of a Manuscript Collection in the Possession of Atiśa Dīpaṃkaraśrījñāna (980–1054)." In Transfer of Buddhism Across Central Asian Networks (7th to 13th Centuries), edited by Carmen Meinert, 82–117. Leiden: Brill, 2015.
Kano, Kazuo. "The Transmission of Sanskrit Manuscripts from India to Tibet: The Case of a Manuscript Collection in the Possession of Atiśa Dīpaṃkaraśrījñāna (980–1054)." In Transfer of Buddhism Across Central Asian Networks (7th to 13th Centuries), edited by Carmen Meinert, 82–117. Leiden: Brill, 2015.; The Transmission of Sanskrit Manuscripts from India to Tibet; The Transmission of Sanskrit Manuscripts from India to Tibet: The Case of a Manuscript Collection in the Possession of Atiśa Dīpaṃkaraśrījñāna (980–1054); Atīśa; Kazuo Kano; Atiśa;ཇོ་བོ་རྗེ་ཨ་ཏི་ཤ་;jo bo rje a ti sha;dpal mar med mdzad dpal ye shes;slob dpon chen po dpal mar me mdzad ye shes;rgya gar gyi mkhan po dpal ldan mar me;rgya gar gyi mkhan po dpal ldan mar me mdzad bzang po ye shes snying po;dI paM ka ra shrI dz+nyA na;paN+Dita dI paM ka ra;mgon po a ti sha;དཔལ་མར་མེད་མཛད་དཔལ་ཡེ་ཤེས་;སློབ་དཔོན་ཆེན་པོ་དཔལ་མར་མེ་མཛད་ཡེ་ཤེས་;རྒྱ་གར་གྱི་མཁན་པོ་དཔལ་ལྡན་མར་མེ་;རྒྱ་གར་གྱི་མཁན་པོ་དཔལ་ལྡན་མར་མེ་མཛད་བཟང་པོ་ཡེ་ཤེས་སྙིང་པོ་;དཱི་པཾ་ཀ་ར་ཤྲཱི་ཛྙཱ་ན་;པཎྜིཏ་དཱི་པཾ་ཀ་ར་;མགོན་པོ་ཨ་ཏི་ཤ་;Atīśa;Atiśa Dīpaṃkara;Dīpaṃkara Śrījñāna;Śrī Dīpaṃkarajñānapada;Dīpaṃkararakṣita
Philosophical positions of this person
Do all beings have buddha-nature?
Qualified Yes
He uses it as a support for his position on a single vehicle and describe it is a disposition which is a causal potential for buddhahood.
"The term "innate śīla" means that all sentient beings have a single [or universal] spiritual disposition (gotra), Buddha-nature, or the spiritual disposition of the Mahāyāna." Kano, K., Buddha-Nature and Emptiness, p. 100.
Click for more on this topic
Is buddha-nature equated with emptiness or alayavijnana?
Madhyamaka
Actually Great Madhyamaka. See Kano, K., Buddha-Nature and Emptiness, p. 101.
Are there one or three vehicles on the path to buddhahood?
"In his auto-commentary on the Bodhipathapradīpa, Atiśa explains the term so sor thar pa'i sdom pa and associates the Buddha-nature doctrine with that of the Great Madhyamaka (dbu ma chen po), which teaches that there is nobody who is not a recipient of the Mahāyāna (i.e. ekayāna)." Kano, K., Buddha-Nature and Emptiness, p. 101.
What is Buddha-nature?
Tathāgatagarbha as a Causal Potential or Disposition (gotra)
"Atisa explains "the innate śīla" abiding in every being as a cause that brings one attainment (i.e. nirvāṇa), but as being covered with defilements in the state of ordinary beings. He takes it as synonymous with Buddha-nature or the mahāyānagotra." Kano, K., Buddha-Nature and Emptiness, p. 101.
དཔལ་མར་མེད་མཛད་དཔལ་ཡེ་ཤེས་ · other names (Tibetan)
སློབ་དཔོན་ཆེན་པོ་དཔལ་མར་མེ་མཛད་ཡེ་ཤེས་ · other names (Tibetan)
རྒྱ་གར་གྱི་མཁན་པོ་དཔལ་ལྡན་མར་མེ་ · other names (Tibetan)
རྒྱ་གར་གྱི་མཁན་པོ་དཔལ་ལྡན་མར་མེ་མཛད་བཟང་པོ་ཡེ་ཤེས་སྙིང་པོ་ · other names (Tibetan)
དཱི་པཾ་ཀ་ར་ཤྲཱི་ཛྙཱ་ན་ · other names (Tibetan)
པཎྜིཏ་དཱི་པཾ་ཀ་ར་ · other names (Tibetan)
མགོན་པོ་ཨ་ཏི་ཤ་ · other names (Tibetan)
dpal mar med mdzad dpal ye shes · other names (Wylie)
slob dpon chen po dpal mar me mdzad ye shes · other names (Wylie)
rgya gar gyi mkhan po dpal ldan mar me · other names (Wylie)
rgya gar gyi mkhan po dpal ldan mar me mdzad bzang po ye shes snying po · other names (Wylie)
dI paM ka ra shrI dz+nyA na · other names (Wylie)
paN+Dita dI paM ka ra · other names (Wylie)
mgon po a ti sha · other names (Wylie)
Atīśa · other names
Atiśa Dīpaṃkara · other names
Dīpaṃkara Śrījñāna · other names
Śrī Dīpaṃkarajñānapada · other names
Dīpaṃkararakṣita · other names
Affiliations & relations
Nāropa · teacher
Suvarṇadvīpa Dharmakīrti · teacher
rin chen bzang po · student
lha btsun byang chub 'od · student
'brom ston pa · student
mgos khug pa lhas btsas · student
rngog legs pa'i shes rab · student
tantra - Tantra, when juxtaposed with Sūtra, generally refers to the scriptures and texts which discuss esoteric topics. While the term is used to refer to texts on other topics, it is mostly used to refer to the genre of scriptures and texts on themes and topics associated with Vajrayāna Buddhism. Skt. तन्त्र Tib. རྒྱུད། Ch. 密宗
Cittamātra - Though it is sometimes used synonymously with Yogācāra, it is in fact one of the more prominent philosophical theories associated with this school. It asserts that the objects in the external world with which we interact are actually mentally created representations appearing as those objects. The character of these perceptions is predetermined by our own karmic conditioning that is stored in the ālayavijñāna. Skt. चित्तमात्र Tib. སེམས་ཙམ་
bodhicitta - The altruistic thought to seek enlightenment for the sake of all sentient beings. It is said to have two aspects: compassion aimed at sentient beings and their problems and the wisdom of enlightenment as the solution. Skt. बोधिचित्त Tib. བྱང་ཆུབ་སེམས། Ch. 菩提心
Prajñāpāramitā - A class of Mahāyāna sūtras which represents some of the earliest known literature of this genre of Buddhism. There are around forty texts associated with this category, though the most widespread is the exceedingly brief Prajñāpāramitāhṛdayasūtra, popularly known as the Heart Sūtra. This class of literature is typically associated with the second turning of the dharma wheel and especially with the teachings on emptiness (śūnyatā). As such, these texts were the primary scriptural source for the philosophy of the Madhyamaka school. Skt. प्रज्ञापारमिता Tib. ཤེར་ཕྱིན་,ཤེས་རབ་ཀྱི་ཕ་རོལ་ཏུ་ཕྱིན་པ་ Ch. 般若波羅蜜多
lam rim - Lam rim refers to the stages on the path and, by extension, more commonly to the genre of teachings which contain practical instructions for training on the stages of the path to enlightenment. Related to the blo sbyong practice, it is particularly known among the Kadampa and Geluk schools. Tsongkhapa's Byang chub lam rim chen mo is the most well known in this genre and the term lam rim is often used specifically to refer to this text. Skt. मार्गक्रम Tib. ལམ་རིམ།,ལམ་གྱི་རིམ་པ།
ekayāna - The notion that ultimately there is only one vehicle, or means, of achieving enlightenment. Skt. एकयान Tib. ཐེག་པ་གཅིག་པ་ Ch. 一乘
gotra - Disposition, lineage, or class; an individual's gotra determines the type of enlightenment one is destined to attain. Skt. गोत्र Tib. རིགས་ Ch. 鍾姓,種性
Mahāyāna - Mahāyāna, or the Great Vehicle, refers to the system of Buddhist thought and practice which developed around the beginning of Common Era, focusing on the pursuit of the state of full enlightenment of the Buddha through the realization of the wisdom of emptiness and the cultivation of compassion. Skt. महायान Tib. ཐེག་པ་ཆེན་པོ། Ch. 大乘
Madhyamaka - Along with Yogācāra, it is one of the two major philosophical schools of Mahāyāna Buddhism. Founded by Nāgārjuna around the second century CE, it is rooted in the Prajñāpāramitā Sūtras, though its initial exposition was presented in Nāgārjuna's Mūlamadhyamakakārikā. Skt. मध्यमक Tib. དབུ་མ་ Ch. 中觀見
Great Madhyamaka - The term Great Madhyamaka is utilized in different contexts depending on the tradition. In the Jonang tradition, it generally refers to the Zhentong Madhyamaka philosophy as it was developed and systematized by Dölpopa. In this context, the Great Madhyamaka refers to the presentation of ultimate truth, while Madhyamaka describes the emptiness of the relative level of truth. In the Nyingma tradition, Great Madhyamaka refers to the subtle, inner Madhyamaka that unifies the philosophical positions of Nāgārjuna and Asaṅga. This is presented in opposition to the coarse, outer Madhyamaka that is the dialectic approach of Prāsaṅgika and Svātantrika. In the Kagyu tradition, the term is used in a similar vein in that Madhyamaka is used to refer to philosophical inquiry, while Great Madhyamaka is used to refer to the view arrived at through yogic accomplishment. However, in all of these traditions, Great Madhyamaka is heavily associated with buddha-nature (tathāgatagarbha) and the definitive status of these teachings. Skt. महामध्यमक Tib. དབུ་མ་ཆེན་པོ་
triyāna - Commonly seen in a Mahāyāna context, the three vehicles are the Śrāvakayāna, Pratyekabuddhayāna, and Bodhisattvayāna, which reference the three different types of Buddhist practitioners. However, these three vehicles can also reference the three types of Buddhist teachings of the Hīnayāna, Mahāyāna (or Pāramitāyāna), and the Vajrayāna. Skt. त्रियान Tib. ཐེག་པ་གསུམ་ Ch. 三乗
āvaraṇa - Literally, that which obscures or conceals. Often listed as a set of two obscurations (sgrib gnyis): the afflictive emotional obscurations (Skt. kleśāvaraṇa, Tib. nyon mongs pa'i sgrib pa) and the cognitive obscurations (Skt. jñeyāvaraṇa, Tib. shes bya'i sgrib pa). By removing the first, one becomes free of suffering, and by removing the second, one becomes omniscient. Skt. आवरण Tib. སྒྲིབ་པ་
Retrieved from "https://buddhanature.tsadra.org/index.php?title=People/Atiśa&oldid=37972"
Classical Indian Authors
Jo bo rje a ti sha

redpajama_set_name: RedPajamaCommonCrawl


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text:
Meena Khandelwal
Meena Khandelwal is best known for her research on Hindu religious renunciation. This work resulted in an ethnography entitled Women in Ochre Robes (SUNY Press 2004) that focuses on the everyday lives of women initiated into sannyasa, a particularly extreme variety of Hindu asceticism. Sannyasa entails the renunciation of marriage, family ties, wealth, caste, and professional status for a life of celibacy and spiritual discipline. This book explores the complex gendering of a tradition that, on the one hand, was created by and for elite men, and, on the other, claims to transcend gender. Although, historically, women have been excluded from sannyasa, female renunciants (sannyasinis) comprise a substantial minority of contemporary initiates. Khandelwal's research suggests that sexuality and celibacy are mutually implicated and that abstinence should be accounted for in the field of sexuality studies. She co-edited a volume with Sondra Hausner and Ann Grodzins Gold entitled Women's Renunciation in South Asia (Palgrave Macmillan 2006). A South-Asian edition of this book was published with the title Nuns, Yoginis, Saints and Singers (Zubaan 2007). Khandelwal has also published on the transnational aspects of Hindu renunciation, including an essay on foreign swamis who have migrated to India (Identities 2007). Her essay "The Cosmopolitan Guru: Spiritual Tourism and Ashrams in Rishikesh" examines renunciant cosmopolitanism in the yoga capital of the world (in The Guru in South Asia ed. by Copeman and Ikegama, 2012).
1 article by Meena Khandelwal:
Issue 9 Little Development Devices / Humanitarian Goods »
The Humble Cookstove
Meena Khandelwal and Kayley Lain reflect on half a century of failed efforts to change how people cook in rural India, before adding a little device of their own to the fire.


Springfield, Mass.-based Baystate Health received unanimous approval from the Public Health Council to continue expanding the Baystate Orthopedic Surgery Center, also in Springfield, according to Mass Live.
1. Baystate Health has $3.8 million to expand the orthopedic surgery center.
2. When the health system first built the orthopedic center in 2011, it included six operating rooms and 21 pre- and post-operative rooms.
3. The project includes the development of two new ambulatory surgery ORs and seven pre-and post-operative care rooms.
4. Baystate Health expects the expansion to be completed in January 2019.
5. Baystate Orthopedic is a satellite center of Springfield-based Baystate Medical Center.


Together the UI IPRC and our research partners are using innovative tools and technologies to study injury. From video/GPS systems developed in collaboration with partners at the UI College of Engineering to world-renowned simulators, these technologies offer new and naturalistic ways to learn about the risk factors and mechanisms of injury.
Although bicyclists are at higher risk for injury in a crash compared with vehicle occupants, very little is known about risk factors for bicycle injuries. Pedal PORTAL is a data acquisition and coding system used to naturalistically study adult and child bicycling behavior and risk exposure. The first version of Pedal PORTAL utilized GPS-enabled helmet cameras and a specially designed graphical user interface to examine adult and child bicycle crashes, near crashes, traffic violations, errors, and general route preferences. The system is currently being upgraded with additional cameras to be mounted on the bicycle and a button for bicyclists to depress to indicate any safety-relevant events in real-time. See some research using Pedal PORTAL.
In order to better understand risk factors for rural roadway crashes– especially those involving farm equipment– we have developed a video system to record vehicle interactions with farm equipment. Safer Trek is a rear-facing video/GPS data acquisition system designed to capture the frequency and types of driving behaviors of rear-approaching vehicles. This technology is being used on the back of farming equipment to identify and quantify risk behaviors associated with drivers of rear-approaching vehicles and how they interact with farm vehicles when they are on roadways.
Many types of vehicle improvements, driver behaviors, and driving situations can't be tested in real roadway situations, due to ethical and safety concerns. The National Advanced Driving Simulator (NADS) is a transportation safety research center at UI's Research Park. NADS uses world-class driving simulators and instrumented vehicles to conduct research on topics such as teen driving, impaired (drowsy, drugged) driving, and vehicle interactions with bicyclists and pedestrians, among others.
The Hank Virtual Environments Lab uses virtual environment technology to study human behavior, like how pedestrians and cyclists cross traffic-filled virtual roadways, impacts of child development on traffic safety behaviors and decision making, and how people perceive and adapt to virtual environments.
Cyberbullying is one of the most prevalent and fastest-growing types of school bullying, and one of the most difficult for school personnel to address. In order to better understand the dynamics of cyberbullying, UI IPRC's partners from the UI Department of Computer Science developed a cyberbullying app that will help researchers understand the contents and social contexts of cyberbullying. The app monitors electronic communications of middle school youth (text messages and social network posts) for cyberbullying content. See some research using the cyberbullying app.
Motor vehicle crashes are the leading cause of death for teenagers in the U.S. Parents often have little or no idea how well their teen is driving, especially when the teen is driving without their supervision. To study teen driving, UI IPRC researchers use an in-vehicle video feedback system, augmented with GPS, which tracks the driving amount and routes. When there is is an abrupt change in speed or steering direction, cameras capture the moments inside the car and on the roadway before and after this event. This technology allows researchers to identify driving errors and safety behaviors (like cell phone and seat belt use) as teens drive. These event-triggered videos are then analyzed and shared with parents of the teen drivers and used to help develop parent-teen communication strategies on driving. See some research using in-vehicle video feedback.


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Seedy glamour, long pours, and fine-tuned cocktails. The perfect setting for an intimate live set or a spontaneous dance party. Shows nightly.
5632 Santa Monica Blvd, Los Angeles, CA 90038
(323) 546-0300 barinfo@gold-diggers.com
5PM - 2AM Everyday
Parking Thurs - Sat at 5545 Virginia Ave at St Andrews Pl.
Swank, deeply comfortable, and just a few steps up. 11 unique rooms. Book one or buy it out.
(323) 546-0300 hotelinfo@gold-diggers.com
A world-class recording complex with nine studios and a multi-use sound stage for live recordings, showcases, screenings, and private events. Perfect for photo and video shoots. 24/7 access. Hotel + Studio packages available.
(323) 546-0300 studioinfo@gold-diggers.com
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Gold-Diggers
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Tablet lists Gold—Diggers in the
"25 Coolest Hotels in the World"
2019 INDIE Congress
Awards Winner for Best Hotel Bar
2019 Hospitality Design and Experience
Awards Winner for Best Events Space
Awards Winner for Best Guest Rooms
Gold Diggers is like if Sound City studios had a pub where you could drink with Stevie Nicks and then wander upstairs to a hotel to hear the band's new demos and myriad couples' spats down the hall.
Today, Gold Diggers' slogan sums up the synergy the partners hope to cultivate: "Drink. Sleep. Record." Artists can stay at the hotel for a few weeks, roll out of bed and into the studio and, if the mood takes them, even do a live show at the 150-capacity club.
It's an unparalleled opportunity to establish a creative campus where music artists and recording industry professionals can cross paths, share ideas, have a drink, sleep it off, and ultimately bring new music into the world.
The Gold-Diggers project is an architectural labor of love, preserved with an eye towards its unique history, but also providing the amenities associated with a top-flight studio and luxury hotel.
The adage "If these walls could talk" resonates quite literally at Gold-Diggers, a multi-hyphenate new boutique hotel, bar, music venue, and recording studio that recently opened in East Hollywood.
Music is considered the "fabric of the space." Thus the hotel leaves a vinyl compilation for guests to keep on turned-down beds. The vinyl is a collaboration between Aquarium Drunkard and Vinyl Me, Please, and the tracks will change every season.
Drink Sleep Record
5632 Santa Monica Blvd., Los Angeles, CA 90038