March 26, 2007
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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.
38 comments:
couldn't have said it better myself.
The big story is Iran, and Anna is even the leading story on Drudge.
Un-fu*cing believable.
Interesting that her last movie was "Illegal Aliens", in this case, the outer space type.
Keep the masses entertained, I always say - time to head on out after a nice day in the market - the PPT (plunge protection team) came to the rescue again today - can't have a 100 point drop in the DOW when bad housing news comes out - get Anna going, rev up American Idol news, time for a high profile trial. . .whatever. . .
Well... I did find it interesting that she died from an Ass Infection.
at least someone is paying attention to the truth - HP picked up today at thestreet.com (and my link to housingdoom too)
http://tinyurl.com/2q8hvg
Kudos to HP'er Doug Kass
It is truly remarkable how the slightest provocation (last week's "solid" home-sales headline) had the media and other permabullish types declare that the housing market has finally bottomed (again!) and that the impact on the subslime mess would be contained.
Here is a more accurate analysis of what occurred in housing last month:
"Home sales increase in the springtime month over month, every year, even if the world is ending. It's called "the homebuying season" for a reason. So you don't look at February vs. January, or April vs. March. No, just like retailers look at Christmas vs. Christmas, not Christmas vs. July, any dummy that follows the housing market looks year over year. Here's the real numbers, and headline the MSM should have reported: Dubious NAR report shows home sales continue to crater, off 3.7% vs. last year, while unsold inventory explodes by another 763,000 units and median sales price (without incentives) is down 7.6% from peak.
February used-home sales (per the dubious NAR numbers) were supposedly 387,000 units, vs. 402,000 units February 2006, down 3.7%. Inventory is now at 3,748,000, vs. 2,985,000 in February 2006, up 763,000 unwanted homes, or 25.6%. And the median sales price (without cash back or incentives) in February of $212,800 is down $17,400 from the July 2006 peak. (Here is a further analysis that underscores the weakness -- not the strength -- in the housing market. -- Housing Panic Blog
But the American sheeple, which is a majority in the country and live in red states, do care. This country is going down fast.
9:03PM:
And don't forget it's all Bush's fault too!!
Moron.
THANK YOU! For saying what had to be said!
Nicole overdosed because she was depressed about buying pre-construction condos in Miami. I heard she invested on 30 units...
However one must admit to the fact that the whole dynamic around both her life & death exemplify many layers of tragedy, induced by self-absorption and an over focus on the absurd while ignoring the elephant (e.g. exploding mortgage) that is in your own living room.
Ignorance is bliss and then splat the bug gets smashed on the windshield of life & scraped off/washed away. NEXT
Ditto that Keith
Yeah, the whole comparing Feb sales to Jan sales is simply disgraceful. I guess noone wanted to see the headline, "18.3% drop in new home sales!". I bet many of the "journalists" involved are heavily leveraged, and are serving their own interests. Maybe they don't see this kind of reporting ethical as it is "true" that new home sales fell only 3.9%, FROM the PREVIOUS MONTH!. Yegads, this thing is about to go spectacular, I feel like I am at the top of a very fast long ride down in a rollercoaster. Thank the maker I didn't buy last year, when I was thinking about it.
Psychiatrists need to wake up to depression. People who are depressed don't need tranquilizers or narcotics or alcohol.
She self medicated like most depressed people do and it was fatal.
Stern should have been throwing the drugs out the window if he really liked her.
Howard K. was present when each two out of three of Ana's family OD'd on sleeping pills. Wonder if they would be alive if he had not been there to lend his comfort and support?
The bimbo burnt out like a candle flickering in the wind.
I'd care more if her tits had been real.
NASSAU, BAHAMAS—Former stripper turned Playboy Playmate turned reality-TV star Anna Nicole Smith has overcome her longtime struggle with obesity, at last reaching her target weight of 125 pounds, sources said Monday.
"Anna's been through a lot," said Florida Circuit Court Judge Larry Seidlin, who became visibly emotional as he spoke to reporters. "But I think it's fair to say that she hasn't been this happy in years."
I DO NOT CARE!
You live your life like a ----- (fill in the blank)
you pay the price!
It's the moronic liberal media that keeps her in the headlines. CNN spent the entire morning discussing her pointless life
She just wanted to be with her self medicated son who offed himself a few months ago in the exact same way ( uh, not that I was paying attention to tabloids). It's Darwinism at it's finest - the rich and stupid off themselves and the poor and stupid drool over themselves with morbid fascination - the human race is doomed.
She was depressed because she'd never had a REAL man, like me, to show her what love was all about.
It's really a shame.
Now it is time for Stern to do the right thing, he needs to off himself, the last thing this country needs is another Jewish lawyer.
It's this type of stuff thats gonna piss off the aliens. Theyre gonna come kick our butz to make us shutup.
OMG!!! Anna Nicole Simpson passed away. It was on the news tonight.
Didn't you all read George Orwell's "1984?" The boob tube is to dumb you down and keep you sedated and preoccupied with crap like this.
The only thing missing is a collective dictionary where they methodically subtract words every year for the same effect.
One can argue that the state of public schools is doing its own job for us.
That's why we have wikipedia, the blogosphere, and each other for comfort...
Wait till the movie they make about her life, she'll be made out to be better than Mother Theresa. Aauugghhh... why do people eat this crap up...I'll never understand.
Darwinism would be to let the home debtors starve.
The last thing we need are more get-rich-quick, buy today, something-for-nothing losers getting a government financed bailout.
Let them starve, force them into a state of slavery, and sterilize their daughters and use them as sex toys.
That's true social darwinism at it's finest.
Memo to MSM: I DON'T FU*KING CARE!
Yeah, but you are not the 18-25 demographic.
Ohio taxpayers to bail out, the overextended borrowers and those who had planned on jacking up house values and rents, to make expenses and tax free profits and raise the local property taxes on other owners?????? Wheres my nasdaq bail out from 2000 2002??? as i got fooled and suckered, by sharpies????, wheres my lost purchase power bail out??? ect ect
government controlled housing ala the former soviet union, or more government control of the masses of sheeple
"the human race is doomed."
Agreed. A species stupid enough to produce something like the housing bubble was never meant to survive.
As a father of a teenage girl I agree with the "schools doing their part" comment. I see it every day, unfortunately.
THE MEDIA just caters their programming toward that dumbed-down-no-critical-thinking crowd and keeps them entertained.
Romans did exactly the same thing with their 100 days of games and were quite successful at averting the change of status quo. "Bread and entertainment" will keep the masses occupied for a while...
In other news, Anna Nicole Smith is still dead.
Darwinism would be to let the home debtors starve.
The last thing we need are more get-rich-quick, buy today, something-for-nothing losers getting a government financed bailout.
Let them starve, force them into a state of slavery, and sterilize their daughters and use them as sex toys.
That's true social darwinism at it's finest
The problem is, that isn't how it would happen. Not all home debters are stupid and if they would counter attack in a variety of ways.
Why is this any surprise to anyone?
We have a full on Holy War against us and this is the drivle we concern ourselves with!
Coroner say's, 'accidental overdose'......of nine different drugs????? That's accidental?
Nine different drugs is accidental?
>>Nine different drugs is accidental?<<
If you don't know and/or believe that the drugs in question interact with each other. Happens a lot more than you think
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