November 22, 2006

BUBBLETALK: November thread to talk about the late great housing bubble ponzi scheme


Post articles (tinyurl), rant away, keep it clean, have a good chat

418 comments:

«Oldest   ‹Older   401 – 418 of 418
Roccman said...

http://today. reuters.com/ news/articlenews .aspx?type= politicsNews&storyid=2006- 11-19T174004Z_ 01_N19349552_ RTRUKOC_0_ US-USA-POLITICS- DRAFT.xml&src=rss&rpc=22

Senior Democrat renews call for military draft
Sun Nov 19, 2006 12:41 PM ET

By Jackie Frank

WASHINGTON (Reuters) - An influential Democratic lawmaker on Sunday called for reinstatement of the draft as a way to boost U.S. troop levels and draw a broader section of the population into the military or public service.

U.S. Rep. Charles Rangel, the incoming chairman of the House of Representatives' tax-writing committee, said he would introduce legislation to reinstate the draft as soon as the new, Democratic-controll ed Congress convenes in January.

Asked on CBS' "Face the Nation" if he was still

FlyingMonkeyWarrior said...

Says Lereah: "You'd have to go back to the Great Depression to find a housing period that is this unique."

http://tinyurl.com/y68un4

Roccman said...

sweet posts FWM!!!

IDEAS ARE BULLET PROOF!!!!!!!!!!

FlyingMonkeyWarrior said...

Thank you Richard, Dick to Some.
I am glad you enjoyed them.
I like yours too. Posts I mean.
iw

Roccman said...

And from deep within the inner circle - our death star Kissinger speaks.

I thought he was dead and his blood shared amongst his minions.

Kissinger: Iraq Military Win Impossible

By TARIQ PANJA
The Associated Press
Sunday, November 19, 2006; 11:15 AM

LONDON -- Military victory is no longer possible in Iraq, former Secretary of State Henry Kissinger said in a television interview broadcast Sunday.

Kissinger presented a bleak vision of Iraq, saying the U.S. government must enter into dialogue with Iraq's regional neighbors _ including Iran _ if progress is to be made in the region.

Roccman said...

So much for the myths of the marketplace. In fact by 2012 China will surpass the U.S. in automobile production. Oil consumption by the Chinese will also surpass that of the U.S. by the end of the next decade. More cars and more drivers mean greater consumption of oil.

http://www.financialsense.com/captain/log.html

Anonymous said...

Keith...
Pep up...new data!!!

Home Sales Fall in 38 States, Data Shows.

http://biz.yahoo.com/ap/061120/economy.html?.v=11

Anonymous said...

People who have been selling homes,make used car salesmen look good!

foxwoodlief said...

Here is a listing for all of you who believe there are no affordable homes out there. This one is in San Angelo Texas, kind of like Las Cruces NM, town has about 100,000 people so larger. Lots of hosues all across America like this as long as you are not in one of those 26 bubble markets. Guess it depends more on not what you'll pay but where you'll live.
MLS#: 62481
Single Family
List Price $29,900
Address
101 W 17th St
San Angelo, TX 76901
Bedrooms 3
Baths 1
Sq. Ft. 1522
Age More than 35 Years
Roofing Composition
Fireplace None
Exterior Frame
Floors Carpet,Hardwood Floors,Vinyl
Stories 1 Story
Heating Jet
Cooling None
Schools Reagan, Lincoln, Central
Region Lakeview, Green Acres, Mesa Verde

Anonymous said...

>>This one is in San Angelo >>Texas, kind of like..

a house that costs 29K?? Nice but I wdn't live there if they PAID me. San Angelo is the pits..

I had the misfortune to spend two 1 week periods there in 1995 at the GTE nee Verizon facility there. You had to go out of town to buy booze. Its all scrub out there - very unattractive landscape. And just nothing to do at night. The week I was there, all the office gals were really looking forward to the big show coming to town.. it was.. Julio Inglesias ! Jeez - coming from LA and London before that, this was such a shock..

To get a flavor of it and the people from there - read "All The Pretty Horses " - Cormack McCarthy - the opening and closing chapters are based in and around San Angelo.

Dreadful place. Enough of that rant - back to housing.

-K

foxwoodlief said...

If the town was closer to Austin or Dallas or San Antonio it could be tolerable. Of course the point I was making was that when one drives around the nation you can find lots of towns like San Angelo with lots of houses under $120,000. In San Angelo you can buy a fairly large and charming house by the University and some of the historic areas for under $100,000. Of course that brings the question back to cost in other areas. If 300,000,000 live in this country we all know that all of them can't live in La Jolla, San Diego, San Francisco, San Jose, Miami, Boston, NY city, Portland, Seattle etc and so the question of cost is so diverse and relative.

If a home costs $19 a sq ft does that necessarily make it a good buy? If a house costs $400 a sq foot does that mean it is overvalued because as a cost for an average home in the WHOLE USA it is double the cost? Then the question of age. Even in San Angelo if you want new you are going pay closer to $100 a sqft for a nice house where the older ones go as low as $13 a sq ft with most being around $50 a sq ft. Is a 3000 sq ft turn of the Century house in the ghetto in Buffalo a bargain at $20 a sq ft vs an 800 sq ft condo in Austin at $200 a sq ft?

It seems that too often this blog turns the whole world into a homgeneous blob where all houses cost four or five times income or people pay California prices or that a $300,000 house in SD is the same as a $300,000 housein Shrevport LA. Even in cities like Phoenix there are markets within markets and prices that range from cheap to expensive.

And this site treats all buyers and consumers the same when there are vast differences in incomes, down payments, lenght of time when people bought, debt loads, family size, etc. As I use to tell co-workers at the hospital, it doesn't matter if you make $100,000 if you spend $110,000 you are in debt and over-extended where a person making $20,000 who spends $18,000 has a positive cash flow, sort of like some mortgages.

Still, for all those people who bemoan that they can't buy a house on two incomes say in La Jolla when they are 30 years old, move. If owning a house is that important to you then there are plenty of areas in the country that are very affordable.

Anonymous said...

Does anyone here know anything about Casey Serin's new 'boss', Chris Record? He has a myspace @

http://www.myspace.com/chrisrecord

I smell a scammer, but apparently Casey's getting $3000 a month out of working for this guy.

Anonymous said...

BLOOD-LUSTING JEWS ATTACK HUMAN RIGHTS WORKER!
A 19-year old Swedish human rights worker had her cheekbone broken by an Israeli settler in Hebron today. Tove Johansson from Stockholm walked through the Tel Rumeida checkpoint with a small group of human rights workers to accompany Palestinian schoolchildren to their homes. They were confronted by about 100 settlers in small groups, who started chanting in Hebrew "We killed Jesus, we'll kill you too!", a refrain the settlers had been repeating to internationals in Tel Rumeida all day.





After about thirty seconds of waiting, a small group of very aggressive settler men surrounded the international volunteers and began spitting at them, so much so that the internationals described it like "rain." Then settler men from the back of the crowd began jumping up and spitting, while others kicked the volunteers from the back of the crowd and from the side.


The soldiers who were standing just a few feet behind the internationals at the checkpoint just looked on as the internationals were being attacked.





One settler then hit Tove on the left side of her face with an empty bottle, breaking it on her face and leaving her with a broken cheekbone. She immediately fell to the ground and the group of settlers who were watching began to clap, cheer, and chant. The soldiers, who had only watched until this point, then came forward and motioned at the settlers, in a way which the internationals described as "ok… that's enough guys…."




The settlers, however, were allowed to stay in the area and continued watching and clapping as internationals tried to stop the flow of blood from the woman's face. Some settlers who were coming down the hill even tried to take photos of themselves next to her bleeding face, giving the camera a "thumbs-up" sign.





At this point, an international was taken into a police van and asked to identify who had attacked the group. The international did this, pointing out three settlers who the police took into their police vehicles. However, the settlers were all driven to different areas of the neighborhood and released nearly immediately. When one settler was released on Shuhada Street, the settler crowd that was still celebrating the woman's injuries applauded and cheered.





A settler medic came to the scene about 15 minutes after the attack and immediately began interrogating the internationals who had been attacked, about why they were in Hebron. He refused to help the bleeding woman lying on the street in any way .





Five minutes after the settler medic arrived, the army medic arrived and began treating the injured woman. When she was later put on a stretcher, the crowd of settlers again clapped and cheered.


Police officers at the scene then immediately began threatening to arrest the remaining internationals if they did not immediately leave the area, though they had also just been attacked.


The injured woman was taken to Kiryat Arba settlement and then to Hadassah Ein Keren hospital in Jerusalem.





Internationals were later told by the police that the police had not even taken the names of the settlers who were identified as having attacked the internationals and that one of the main assailants had simply told the police that he was due at the airport in two hours to fly back to France.

Anonymous said...

The other day I saw an older black woman walking down the street, pushing a baby carriage with a half-breed - looking kid in it. Figuring this was another result of stupid fat white trailer-trash getting pregnant by a big black stud, I asked the woman if this was her son’s child.

She replied, “No, this is my daughter’s.” So I said to her, “If your daughter wanted an extremely small white d*ck, I would have been glad to offer her my services.”

She just looked at me kinda funny and went on about her business, ignoring me.

Just like everybody on HP needs to ignore me and the bigoted, racist, anti-Semitic nonsense and lies that I post on this blog.

Anonymous said...

Why does everyone think you are a female?

Anonymous said...

According to housing tracker Orlando Florida RE Inventory has been going DOWN since August.

foxwoodlief said...

Honica what is your source and so what? If they had been in Iraq they'd have been beheaded so they should count themselves lucky if that is all that happened. And they should be glad they weren't in the Superdome during Katrina.

Anonymous said...

Use the Google. Its on the internets.

«Oldest ‹Older   401 – 418 of 418   Newer› Newest»