Is the collapse of the late great housing ponzi scheme the ultimate reality show?
October 15, 2006
HousingPanic Stupid Question of the Day
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29 comments:
I seem to remember the dude pictured here (is Richard his name?), talking with another contestant (female) about how corporate America was unbeatable and would always win out. I wonder if other people agree.
Well his "win" was muted somewhat in the end - didn't he do time for tax evasion?
yes.
now back to the question - is the housing crash the ultimate reality show?
I would say no. On reality TV shows, the show's producers try to get as much out into the open as possible. Nothing is hidden. In the housing crash, various groups are trying to hide as much as possible.
I would say it's more like a poorly written mystery. The producers are trying to hide the plot, but, it's very easy to figure out if your paying attention.
see, I think it's endlessly entertaining, watching stupid americans battle against one another for our enjoyment, not realizing we're laughing at them, not with them
I seem to remember the dude pictured here (is Richard his name?), talking with another contestant (female) about how corporate America was unbeatable and would always win out.
is it a sign of a crashing society when after years have gone by someoen can look at a picture and remember the actual conversation that took place.
wow- that's amaxing
no keith the housing crash is not even close to the ultimate reality show.
PEAK MAYHEM
the ultimate reality show
A LAST WILD RIDE ON THE TITANIC: BUSH LEADING THE SHIP TO DESTRUCTION
see bubble talk for more info on this latest and greatest reality show.
Quote: "... stupid americans battle against one another for our enjoyment, not realizing we're laughing at them, not with them."
Well, Im from Sweden and I have no personal debts. Still though, I fully realise that Im gonna loose my export-dependent job living in an export-dependent country, then US goes bancrupt. So I look at an loose-hugely or loose-much situation at best. There are no winners left on the worldstage then this one is over.
First episode is kinda fun. But the show's 2008 season does have the potential to turn us all into "contestants", and unlike reality shows, we don't know the outcome (except the rich will get richer).
Less metaphorically, not too many people are going to be bragging at parties about how their new pet alligators. Thus the only "star" of the show so far is Casey, who is perfect because he's driving us all nuts, grasping at straws and undeservedly still a player. Only creditors can vote him off the island, and we must stand by appalled at the thought of how many other Caseys there might be out there, getting off scotch free.
This show doesn't suck, but it has some major flaws, Keefer.
Reality show, hmm maybe, more like the bigshaft on the middleclass. But they are all to busy taking Apples from the sacred tree to even notice what is right in front of them.
When Foreclosures & unemployment reach the high's of say 80% in some states then and only then will they realize what has happen.
So reality for some is just that A TV show.
It's more like a car crash - you can't drive by without looking
dealing albatros!!!
What about the "Flip this House" reality show on A&E? Don't you think that they will show all the "I'm better than you" flippers who are now millions in debt? If so, I know many people who will be watching?
TV Show idea:
Track 3 or more families in same vicinity trying to sell their home.
Person who sells first "wins". No need for extra prizes. Making the sale would be prize enough.
Watch them battle it out to bring down the neighborhood comps.
instead of 'flip this house' how about 'get out of this house'?
We used to have this nauseating TV show in Australia called "Hot Property". It was all about the housing boom in Sydney and Melbourne and featured stupid people running around at auctions while the owners cried in delight at the hugely inflated prices they got. I notice that show has disappeared now... Went to two open houses in my neighbourhood on the weekend. There was only one other person at each of these overpriced dumps and auction clearance rates are at all time lows.
Keith,
FYI : The pic is Richard who is the First Million dollar winner of Survivor. HE IS CURRENTLY IN PRISON FOR TAX EVASION.
two Richards in one week .
I think Keith likes dick.
two Richards in one week .
I think Keith likes dick.
Not funny.
What about the "Flip this House" reality show on A&E? Don't you think that they will show all the "I'm better than you" flippers who are now millions in debt?
I'd really love to see those young punks thinking they can make a quick 50K lose their shirts! I blame them for the insane run ups in home prices.
two Richards in one week .
I think Keith likes dick.
Not funny.
That's freak'n hillarious!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
i rember about the third season saying to myself, i realy do not want to know these people,collene, was something hot, her loss is still the only show i missed, odd lots totally
but we can blame it all on the bankers, hell, who needs wars
is it a sign of a crashing society when after years have gone by someoen can look at a picture and remember the actual conversation that took place.
wow- that's amaxing
No not really, you just have to have a mind like a steel trap. I remebered this, because at the time it really riled me.
I only saw a bit of the second series and never watched it again.
It's a reality show in that anybody who owns a house is affected, anybody who relies upon the economy is affected, and you can talk to people about it who got into ARMs last year and make them sweat a LOT.
One guy at work has a hard time sleeping at night because of this stuff.
He argues endlessly how housing will appreciate 50% next two years so he can sell his house and go back to India.
And I found out another person who has been annoying at work got into an ARM just right now!!! Bought a house in Seattle and closed this month!!! She'll be in for a world of hurt.
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