March 15, 2006

Announcing the HousingPanic Mr. Potato Head Award


HP'ers, get your votes in for the first annual HousingPanic Mr. Potato Head award.

This award is given to the man (or woman, but hey, it's likely a man, as they're more corrupt) who symbolizes in relation to the Housing Bubble and pending US Economic Collapse:

1) Lies, lies, lies
2) Deceipt
3) Cluelessness
4) Corruption
5) Misleading quotes to the press
6) Self-gain at the cost of others
7) Incompetence
8) The Peter Principal
9) The reincarnation of Charles Ponzi
10) Greed - pure, naked greed

The nominees are (additional nominees welcome):

1) Bob Toll (Toll Brothers insider seller)
2) David Lereah (National Assoc. of Realtors whore)
3) Alan Greenspan (The Fed drunk driver)
4) Hu Jintao (China - President and owner of USA)
5) H Lee Scott (Wal-Mart anti-christ)
6) George Bush (Good ol' team USA's head coach)
7) Donald Trump (Ego Inc.)
8) Nameless 21 Year Old Condo Flipper Guy (Phoenix last known address)
9) Joshua Bolten (US Office of Management & Budget guru)
10) William Poole (St. Louis Fed Housing Pumper)

Why, you ask, name this award after childhood favorite Mr. Potato Head?

Why not.

27 comments:

Rob Dawg said...

Dr. Evil. Why?

"If you don't buy this house for o-n-e million dollars I wll dump it on the market and crash the world economy! He he he!"

bearmaster said...

David Bach. Mr. "Automatic Millionaire Homeowner".

Mr. Automatic Millionaire Homeowner

Anonymous said...

you should add this bubble boy guy to the list

http://bighousingbubble.blogspot.com/2006/03/cat-fight-is-going-to-cost-us-house.html

sounds like he's going to pop, and i have to say, it is fun to watch/read about. ha ha

after bubble boy, I vote for greeney

Anonymous said...

is there a way to fix the screwy linking on this blog?

Anonymous said...

You forgot Leslie Appleton-Young, California Association of Realtors' head cheerleader. Why? Because as California goes, so goes the nation.

Anonymous said...

David Lereah (National Assoc. of Realtors whore)

Anonymous said...

What about Mr. Franklin Raines?

He be sitting on the beach sippin' a Margerita, free to enjoy his ill-gotten millions while Rome burns..

Anonymous said...

Dude, not everything is going to hell... I agree housing is about to collapse, but the US economy as a whole, IMHO, won't. Take a critical look at the asian and european economies, and you will quickly find that these are more screwed up than our is.

TexStock

Anonymous said...

I agree with the last post. I nominate Keith. He is our full of hype, bitter, anti-capitalist, gloom and doom cheerleading, misinformed blogger, who sits in England and hopes this country implodes. He's a good guy. Keith, the blog needs more INFO, less bitter and angry ranting and raving.

Anonymous said...

How about that Phoenix realtor who told sellers it was "not too late to get those high prices" and in the very next sentence told buyers to "get in before it's too late"?

That was precious.

Also, how about the big haired realt-whore who was painted up like a $10 hooker (picture on your site a few weeks back)?

Anonymous said...

So you think that the collapse of the housing market wont take the economy with it? Are you nuts? If the housing market goes, it all goes. This economy has been running off of the housing ATM. Once that stops, it will be very very ugly.

Anonymous said...

Old Bobby Toll takes the cake. Remember, he’s the one that declared “shorts will be crushed”. Does anyone remember that comment? Since his comment (or threat in my case), his stock has almost been cut in half.

Anonymous said...

Cereal nailed it.

Lereah to Win with Appleton-Young to Show. But what do I know, stuck here in Kaleefoornyea?

Toll et al will get their come-uppance (if they haven't already exhausted their insider transaction sales).

David said...

"You forgot Leslie Appleton-Young, California"

She is a great realtwhore.

Anonymous said...

Pimpco says "the end of denial is rapidly approaching."

and:

"the end of the housing boom will come soon, we think, and when it does, sales volume in the property market will reverse wickedly."

http://www.pimco.com/LeftNav/PIMCO+Spotlight/2006/Spotlight+McCulley+03.2006.htm

Anonymous said...

Riddle me this:

How much of the "recovery" is based entirely on housing (buying/selling/building/refurbishing). 40%?

As the housing market goes, so goes the USA...

Anonymous said...

Alan Greenspan is the sinister kingpin behind the credit koolaid

Anonymous said...

Dow hit a 4 1/2 year high......S&P too.

All you renters out there who missed the run-up are going to say "YOU JUST WAIT!!!", or "SELL NOW", or crap like that......spare me

Of course the market is going to fall (someday)......that is like saying it's going to rain (someday)......

You are the same people who short sell stock, bet on the "Don't Come", complain when the sun is out, and cheer when disaster strikes (so the market crashes).

Very Un-American

Anonymous said...

What is UNAMERICAN, is those that live way beyond what they can actually afford, then when the crap hits the fan, the will take no responsibility for the actions that they have taken (the housing ATM). Then the blame game will start and the gov will end up saving all of your greedy asses. Dont think that all that are on here are renters, I am an owner in San Diego, and the s$%T is going to hit the fan.

Anonymous said...

I blame Canada!

Anonymous said...

I blame the folks in the granite countertop and stainless steel appliance mafia!

Anonymous said...

I blame those w/o health insurance (evil commies)!

Anonymous said...

GOES TO RUSH LIMBAUGH, the TOKYO ROSE of the NEO-CONS who said that it all would be good for us as he blew his ears out with mega pain killers.

Anonymous said...

Chicken little guy has it right. I am here in Florida, and it IS sunny. You all are bummin', hoping for down-ticks in the market, and cheering.

Chuck Ponzi said...

Sorry to say, but you have missed Enemy #1, Gary Watts of Orange County. He is still telling people that OC will go up 15% at least in '06. He practially authored the NAR's Anti-bubble reports, and he has a travelling caravan to tell people why real estate is the ONLY way to get rich. He even has a sign for the OC market "Rich People only"

David Bach would be a close second.

Anonymous said...

phuck the phlippers

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