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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.
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16 comments:
Keith, you need to do a blog post with a troll's picture on a milk carton...
I saw a room full of men with their hammers a-bleedin',
I saw a white ladder all covered with water,
I saw ten thousand talkers whose tongues were all broken,
I saw guns and sharp swords in the hands of young children,
And it's a hard, and it's a hard, it's a hard, it's a hard,
And it's a hard rain's a-gonna fall.
oh where have you gone my darlin young one
The bottom will come when HUD steps in and starts buying up empty homes from bankrupt builders.
Yes, it is.
As of 2007, real estate bubbles are widely believed to exist in many parts of the world, especially in the United States, Britain, Australia, New Zealand, Ireland, Spain, Poland, South Africa, Israel, Norway, Sweden, India, Romania, South Korea, and China. U.S. Federal Reserve Chairman Alan Greenspan said in mid-2005 that "at a minimum, there's a little 'froth' (in the U.S. housing market) … it's hard not to see that there are a lot of local bubbles" [1]. The Economist magazine, writing at the same time, went further, saying "the worldwide rise in house prices is the biggest bubble in history".[2]
http://en.wikipedia.org/wiki/Housing_bubble
NEWS FLASH: Facing liquidity crunch, American Home Mortgage suspends dividend payment
http://tinyurl.com/296kej
Oh is just keep getting better and better...monday should be a
"down" day for sure.....Ill frink to that..by the way Anonopuss
"I'm Short your House"
Have a nice day.
Year-to-date, the Dow is up 6.4 percent, while the S&P 500 is up 2.9 percent and the Nasdaq is up 6.1 percent
Should I be worried about my "Habitat for Humanity" home?
Send in the clowns...
don't bother there here...
The Battle of Sprawlingrad has begun...
Ohhh the horror...
ugh. Bob Dylan wrote some good songs, but he should have stayed behind the scenes. He's fugly and listening to him sing is like being stabbed in the ears.
Bob Dylan is the man.......
Strike another match,
go start anew.
'Coz it's all over now,
Baby Blue
YTD how are the housing, financials and lender stocks doing? I guess all is not so swell in REIC land.
Such a great songwriter and such an impossibly horrid singer who apparently gets worse with age! Check the expressions on the tight shots of the orchestra - they are appalled, (while so dutifully plodding through that score, which they could play in their sleep). That said, Dylan epitomizes cool - at least a certain kind of cool - can't take that away from the man.
The Great Unwinding sounds like a good song title, by the way. Think I'll go write it.
It's what you get when the Fed props up a failed presidency by putting money into the hands of the masses.
how old are you people? jeezuz can we once and for all put these 60s relics away? dylan, rolling stones, eagles....these people are in social security collecting age groups for crying out loud.
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