Get used to pictures like these...
December 21, 2006
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A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
24 comments:
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Every time I see a video like that, I get all nostalgic and think of "Burning Down the House" by Talking Heads.
Hey, there's a potential money maker, Keith...put together a "Housing Panic" CD loaded with a bunch of appropriate musical hits. Send free copies to the NAR just to let them know you care.
Possible songs could include:
"Burning Down the House"
"Danger Zone"
"Blaze of Glory"
"Once Bitten Twice Shy"
Any others?
"CondoHotel California"
Realtor clerkism; Recently recycled for it's thermal content
"In Every Dream Home a Heartache" by Roxy Music
That just happened to me in August of 06.
Nightmare.
Realtor clerkism; Recently recycled for it's thermal content
________________
Buzz?
That is funny. Is that you?
Nope. I've been away for awhile. Hi FMW!
BUZZ HEY YOU MR MAN WAZZZUP???
!!!
Blue Oyster Cult - "Reaper Man" and "Burning for You"
Wazzzup!!!???
Agreed. There are, in fact, some people stupid enough to burn down their house, risking criminal convictions that will put them away for years, over being unable to service their debt.
It reminds me of the old saying about suicide: it's a permanent solution to a temporary problem. If you get convicted of felony murder, or even just straight arson, the problems you thought you had before will pale by comparison to the problems you now acquire. Twenty years in the can isn't quite as permanent as suicide, but it does put things into perspective just as well.
If that happens, lets say it was really an accident, do insurance companies pay you market value or original purchase price or replacement price (as in rebuild the house, the land etc is still yours as you were.
Cool.
Cow_tipping.
Lol,
Where did you go, did you buy a house or condo at peak bubble?
Were you Fukmas Shopping? hehe
I thought that new link was sending me to one of your famous 'willow the wisp' blog threads. I have booked marked them and then they are gone.
Anyway, to continue the famous Mike/IW threadjack, I guess I am like Wonder Woman hangin with all the guys. Too fun.
Missed ya, don't do that again.
I even posted on Richards’s thread looking for you.
Between my HP "China and USD" research, that is. Let me know what u think.
Richard's comment was funny. "Buzz Bugged Out".
ttfn
iw
Don't forget this death metal classic by Dave Mustaine and the boys: "Foreclosure of a dream"
Megadeth
Dire Straits - "Money for Nothing"
FMW, actually, I did go fukmas shopping today. I left you a message over at Richard's blog. Ciao.
".....do insurance companies pay you market value or original purchase price or replacement price"
All depends on the wording in the contract. In my currant policy 'replacement cost' is included. In some other policies I have had it was an option with an extra fee. Well worth it ether way.
(Providing the insurance bastards pay at all!)
Just remember, the insurance company just agrees to replace the physical house, NOT PAY OFF THE MORTGAGE! That soon to reset ARM is all your's baby!
Somewhat obscure, but apropos
http://www.lyricsdownload.com/the-psychedelic-furs-house-lyrics.html
I don't understand how burning down your house will help. The insurance company pays REPLACEMENT COST. You payed 3x the price of construction for your bubble nightmare. Burn it down and you are still on the hook for 2/3 of the loan you foolishly took out.
"Pardon me" Incubus
Dedicated to Casey Serin
Recently renovated by fire. Close to schools, transportation. Asking $670. Hurry, won't last....get it.
"Don't forget this death metal classic by Dave Mustaine and the boys: "Foreclosure of a dream".."
You know, I've heard that song so many times and didn't realize that was the name of the song. Guess I was too busy headbanging to it (even though that's pointless since my hair has never been more than a few inches long).
Maybe as the foreclosures really start to ramp up, Megadeth can come up with another hit called "99 Ways to Subprime".
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