September 06, 2007

Take the HP Test

Everyone likes personality tests, so here's HP's version:

1) Do you
a) Rent until the crash is over
b) Own outright
c) Rent money from a bank

2) Are you a
a) Independent or Other
b) Democrat
c) Republican

3) Do you normally find yourself
a) Living within your means and saving
b) Spending what you earn
c) Running up debt

4) Do you believe housing prices will
a) Crash spectacularly
b) "soften"
c) soar

5) George Bush is
a) An incompetent doofus fiddling while Rome burns
b) Doing OK
c) God

6) Realtors are
a) Corrupt, lying dinosaurs
b) Nice people making an honest living
c) I am a realtor

7) I normally shop and dine at
a) Locally owned businesses
b) Safeway and TGIF
c) Wal-Mart

8) China is our
a) Evil communist enemy and landlord, dumping cheap dangerous crap on unpatriotic Americans shopping at Wal-Mart while manipulating their currency and artificially suppressing bond yields thus causing the housing bubble
b) Valued trading partner
c) I only buy Chinese and think they're super-cool

9) Phoenix, Miami, Sacramento, Tampa, Naples, San Diego, Tucson, Vegas, Boston, DC and LA are
a) Going to see 1929-like depressions as their housing-based economies blow up and home prices fall 30% to 50%
b) Going to experience some "normalization"
c) Going to be just fine and they're not making more land you know

10) Illegal immigrants
a) Should be sent home
b) Should get amnesty
c) I am an illegal immigrant


For every A give yourself 3 points, every B 2 points and every C 1 point

25 - 30: You are an HP'er
16 - 24: You need to read Manias, Panics and Crashes again, and turn off the TV
10 - 15: Please don't breed

62 comments:

Anonymous said...

1) A

2) B

3) A

4) A - but I think they will drop over a long period of time, for different reasons, not "crash spectacularly."

First, due to the bubble bursting. Then, from peak oil, plus property tax deductions being rescinded to cover Bush's debts, and homes being completely redesigned and more technology being used and less labor. I think they will come out with a "green," energy efficient home. Then, the bubble will burst more as the prices drop from all of these other things.

5) Bush = sociopath

6) A - Realtors are liars

7) A - locally owned businesses, avoid China products

8) A

9) A - 1929 depression for US and probably world-wide

10) A - illegal immigrants should be thrown out of their homes, denied drivers licenses, denied medical care, denied bank accounts, denied credit cards, denied jobs, denied anything and everything that makes life sustainable in the U.S.

Anonymous said...

30!!!

GreedKills said...

Not enough choices on some of them as the 3 point designation may be overstated a bit.

But I'm still well into HP numbers.

Anonymous said...

#8 I guess evil is in the eye of the beholder. The Chinese people, just like the American people, are just regular people working to get by. Their government is evil, but I don't think the Chinese government is any more evil than the U.S. government, they just get away with more abuses. (at the moment)

I understand that slamming on Wal-Mart is all the rage these days, but Wal-Mart does provide jobs and necessary, affordable goods and services. No one is forced to work or shop there.

Anonymous said...

Dude, your linking overinflated bubble mania prices with illegal immigration is a stretch.

keith said...

Dude, illegal immigration helped cause the housing bubble

Who do you think built all those unneeded homes?

Please don't breed

Anonymous said...

#8 - you're blaming the housing bubble on the chinese? I don't remember anyone waving a little red book forcing people to take stated income loans, ARMS(ARMS! people doing ARM loans when 30-year fixed were at 5%? WTF was that all about?). Greedy, stupid Americans are to blame, not the chinese. greedy real estate agents, greedy appraisers, greedy mortgage companies, and most of all greedy consumers who thought it was perfectly normal to buy tract mansions while saving nothing in savings and a McJob. I bet the same idiots who voted for Bush are the ones who destroyed the real estate market. -reidallas

Anonymous said...

Took your quiz and looks like I am an HP'er!

Thank you for all your work on this blog, it's part of my morning coffee ritual.

One question -- I know your comments are unfiltered, but what's up with the anti-semitic posts? The whole "honica jewinsky" stuff etc. Besides being offensive, does that really have anything to do with the housing bubble?

keith said...

FYI I detest the anti-semitic, anti-women crap that sometimes shows up here. Over the top stuff I delete but I can't catch everything and some of it needs to get through so rational people can attack it for what it is

Cheers

The Management

Anonymous said...

Keith,

Illegal immigrants were "sucked" into this country by the same bankrupt bankers who ran the housing ponzi scheme. These guys dont believe in sovereign nations, they believe in free trade zones where cheap labor is free to roam seeking the lowest cost labor markets at any given time. It is a return to Slavery. That fact alone ought to tell you who is running this country these days.

And the comment (by another poster) that Walmart creates "jobs" is pure fantasy. Work backward down the supplier chain and see how many high paying jobs Walmart "kills" by forcing their supplier to sell so low that many shut down plants in the US for cheap labor markets like China. So at best Walmart recycles higher paying union jobs for low paying jobs in the service economy.

We need a President (and an educated population) smart enough to know that you cannot have an unregulated economy where private interests are free to loot the population to the bone.

We are in a crisis like never before.

Todd said...

1) C, but only a few years left @4.75 fixed APR
2) A
3) A
4) A burn baby burn
5) A would be A+ with extra credit if available
6) A all the way
7) A if possible, now avoid Wally World
8) A
9) A this should bring some folks back to reality
10)A get em outta here

Score = 28 HP'er all the way

Anonymous said...

Everyone likes personality tests, so here's HP's version:

1) Do you
Check a) Rent until the crash is over
b) Own outright
c) Rent money from a bank

2) Are you a
CHECK a) Independent CONSERVATIVE
b) Democrat 92-96
c) Republican 96-2004

3) Do you normally find yourself
CHECK a) Living within your means and saving
b) Spending what you earn
c) Running up debt

4) Do you believe housing prices will
CHECK a) Crash spectacularly AZ/FL/NV/CA
CHECK b) "soften" NJ/CT/MD/MA
c) soar

5) George Bush is
CHECK a) An incompetent doofus fiddling while Rome burns
b) Doing OK
c) God

6) Realtors are
MOST a) Corrupt, lying dinosaurs
SOME b) Nice people making an honest living
c) I am a realtor

7) I normally shop and dine at
ALL a) Locally owned businesses
b) Safeway and TGIF
c) Wal-Mart

8) China is our
CHECK a) Evil communist enemy and landlord, dumping cheap dangerous crap on unpatriotic Americans shopping at Wal-Mart while manipulating their currency and artificially suppressing bond yields thus causing the housing bubble
b) Valued trading partner
c) I only buy Chinese and think they're super-cool

9) Phoenix, Miami, Sacramento, Tampa, Naples, San Diego, Tucson, Vegas, Boston, DC and LA are
CHECK a) Going to see 1929-like depressions as their housing-based economies blow up and home prices fall 30% to 50%
b) Going to experience some "normalization"
c) Going to be just fine and they're not making more land you know

10) Illegal immigrants
DOUBLE CHECK a) Should be sent home
b) Should get amnesty
c) I am an illegal immigrant

Anonymous said...

1. B
2. A
3. A
4. A
5. A
6. A/B
7. A
8. A/B
9. A
10. A

Anonymous said...

28 points, I shop whereever is cheapest (Walmart) although I seldom shop.

I don't care about the future of America anymore. I have been fighting for what was right since I was young; I just don't care anymore.

Anonymous said...

Dude, your linking overinflated bubble mania prices with illegal immigration is a stretch.

Really? Seems like all the new homeowners around inner DC burbs are illegal. Check the census data and population growth maps if you don't believe me.

Anonymous said...

i think the troll(s) would score in the negatives

Stuck in So Pa said...

1. A-OWN

2. Dem-but I don't vote party line

3. A-Living and saving

4. B-soften,what with gov intervention b.s., like to see it drop off a cliff!

5. D-Bush is a right wing whack job, but what does that say about America?

6. D-realtors are human beings, of whom MOST ARE SCUM

7. D-Don't go out that much, buy online when needed!

8. D-China is as screwed as we are.The average Joe is decent,hardworking enough on both sides, the governments are worthless!

9. D-Modern American Cities also known as ninth pit of hell crap holes!

10. Hey, who the hell do ya think's gonna do my lawn, Keith?

Anonymous said...

why is racking up debt associated more with republicans than democrats? well besides that silly war thing. republicans are much more conservative. every democrat i meet wants to throw away good money after bad.

Anonymous said...

31 points so That means I am an HP er. My only downsides are I do have a mortgage(although it is at 55% LTV) and I do hold a RE license(although I am not doing much with it because I am focusing on my used car lot, and doing short sales). I recommend to buyers I come across to wait a year or 2, and to sellers to price below the market to sell. I tell buyers that buying right now is like trying to catch a falling knife. It doesn't earn me a commision now, but at least I can sleep at night.
Bottom Feeder in Philly

Jambu said...

1) Do you
a) Rent until the crash is over

2) Are you a
c) Republican

3) Do you normally find yourself
b) Spending what you earn

4) Do you believe housing prices will
b) "soften"

5) George Bush is
b) Doing OK

6) Realtors are
a) Corrupt, lying dinosaurs

7) I normally shop and dine at
c) Wal-Mart

8) China is our
b) Valued trading partner

9) Phoenix, Miami
b) Going to experience some "normalization"

10) Illegal immigrants
b) Should get amnesty

21 points. Oh well guess I don't qualify for the free HP tin hat.

Anonymous said...

1:c
2:a
3:a
4:b
5:a
6:between a and b
7:b
8:between a and b
9:between a and b
10:a

24.5 scoring a/b as 2.5.

Anonymous said...

Anonymous said...
why is racking up debt associated more with republicans than democrats? well besides that silly war thing. republicans are much more conservative. every democrat i meet wants to throw away good money after bad.

September 06, 2007 3:14 PM


===================================

Yep I agree. Look at any liberal bumper sticker and it'susually affixed to a brand new lucury car/suv. The McMansions bought in SoCal are not bought by conservatives, but by liberal/Democrats.

Mammoth said...

Scored 25.

Just made being an HP'er by the skin of my...uh...tusks.

lunatic fringe said...

30

Anonymous said...

Have a look at the budgets of the Presidents since WWII, the national debt as a percentage of GDP went (remember depression+WWII give the debt a very high start point here):

Truman: down
Ike: down
Kennedy: down
Johnson: down
Nixon: down
Ford: down
Reagan: up
Bush: up
Clinton: down
Bush: up

So the only Presidents who have racked up more debt are Republicans. Which I guess is to be expected when they still want their BIG government but don't want to pay for it. Just cut taxes (and increase spending while you're at it), the next guy can pay of the resulting debt...

keith said...

For those of you scoring in the 20 to 24 region, look where you didn't answer #1, take a few seconds of your life, and ask yourself...

Why?

Take it from a former homeowner and former political party identifier.

When information, events and situations change, you can stay stagnant or you can change too.

Anyone who identifies as a Dem or Rep should be asking themselves right about now if that's best for America, or their own future prospects

Anyone who "owns" a home should be asking themselves whether they can stomach a massive equity loss, simply because you like to paint the walls

And anyone who shops at Wal-Mart and buys Chinese should think about the damage they're causing to society through their behavior.

Harsh, yes. But worth a look.

Welcome to HP.

Anonymous said...

I don't really buy much of anything so don't worry too much about chinese products. Must be at least 10 years since I last stepped into a Walmart. But I hate Walmart for what they did to small-towns all over the USA, rather than their selling of chinese goods.

Vote Ron Paul!

-reidallas

Anonymous said...

Herndon to Shut Down Center for Day Laborers

By Bill Turque
Washington Post Staff Writer
Thursday, September 6, 2007; Page A01

The Town of Herndon announced yesterday that it would close its 21-month-old day-laborer center next week instead of complying with a judge's ruling that the site must be open to all residents, including those who might be illegal immigrants.

http://tinyurl.com/29ggdm

Anonymous said...

Keith, you missed one:

11) Jambu 3:54 PM
a) Is a moron
b) Is brainwashed
c) Is “misguided”

Definitely (a) on this one!

Happy Homedebtor said...

"7) I normally shop and dine at
a) Locally owned businesses
b) Safeway and TGIF
c) Wal-Mart"

So you get bonus points for wasting $$ on stores charging 20-50% more for goods because they have no pricing power? And for eating out and paying 2-4x what it would cost to make the meal at home with better ingredients and less sugar/fat? Good job!

For the butcher - the one out of 25 we've tried - that has killer cuts of all fresh meats known to man, we frequent whenever we can. But given that it's an hour away, that's not practical except occasionally on the weekends.

So for full points on #7, you need to be overweight, high bp/high cholesterol, unemployed and rich in order to waste the extra $$ on eating out and shopping only at locally-owned shops and restaraunts? I'll take a mix of B and C on that one in that case, thanks.

Montpellier said...

Wow...I'm kinda surprised...I scored a big 27.

NOT an HPer on:

1. B
2. B
10.B

Pop said...

"1) Do you
a) Rent until the crash is over
b) Own outright
c) Rent money from a bank"

How about d) Bought prior to 2002 and paid/am paying off the house in 10 or fewer years.

Put me down for d and give me 20 points right there. Renting truly is for losers.

Anonymous said...

So basically, an HP'er must be an isolationist, socialist protectionist as well as someone who recognizes that housing prices are overinflated?

No thanks!

Anonymous said...

5:14 you forget that presidents don't spend money nor tax. Congress does. Congress was controlled by Demorats for 40 years and is contrilled by Demorats now.

Anonymous said...

So to be a true HPer one must

think Bush is the devil

think anyone with brown skin should be shot

prefer buying overpriced America made garbage as opposed to cheap Chinese made garbage

What a bunch of loons

6% Realtor said...

1) Do you
b) Own outright. 2 rental props with pos cashflow & 40% LTV

2) Are you a
c) Republican

3) Do you normally find yourself
a) Living within your means and saving

4) Do you believe housing prices will
b) "soften" Actually between A & B. Housing is cyclical - big run up and lost fundamentals = big drops and restoration of fundamentals.

5) George Bush is
a) An incompetent doofus fiddling while Rome burns

6) Realtors are
c) I am a realtor

7) I normally shop and dine at
b) Safeway and TGIF
Although never been to TGIF. Tend to eat in most of the time...

8) China is our
a) Evil communist enemy and landlord, dumping cheap dangerous crap on unpatriotic Americans shopping at Wal-Mart while manipulating their currency and artificially suppressing bond yields thus causing the housing bubble
A bit more extreme then me, but OK.

9) Phoenix, Miami, Sacramento, Tampa, Naples, San Diego, Tucson, Vegas, Boston, DC and LA are
b) Going to experience some "normalization" Depends on the local market. My area (East Sacramento probably 15% - 30% by 2009, other areas could be 50%. See answer to #4

10) Illegal immigrants
a) Should be sent home

Anonymous said...

Anonymous said...
#8 I guess evil is in the eye of the beholder. The Chinese people, just like the American people, are just regular people working to get by. Their government is evil, but I don't think the Chinese government is any more evil than the U.S. government, they just get away with more abuses. (at the moment)

I understand that slamming on Wal-Mart is all the rage these days, but Wal-Mart does provide jobs and necessary, affordable goods and services. No one is forced to work or shop there.

September 06, 2007 11:06 AM

----------------------

Check out "Walmart: The High Cost of Low Price" to see just what kind of jobs and products Walmart provides.

Anonymous said...

keith said...
Dude, illegal immigration helped cause the housing bubble

Who do you think built all those unneeded homes?

Please don't breed

September 06, 2007 11:54 AM

-------------------

Illegals also bought some of the houses, as well as being a motivating factor in the middle class (what's left of it anyway) moving to the exurbs.

Anonymous said...

Anonymous said...
#8 - you're blaming the housing bubble on the chinese? I don't remember anyone waving a little red book forcing people to take stated income loans, ARMS(ARMS! people doing ARM loans when 30-year fixed were at 5%? WTF was that all about?). Greedy, stupid Americans are to blame, not the chinese. greedy real estate agents, greedy appraisers, greedy mortgage companies, and most of all greedy consumers who thought it was perfectly normal to buy tract mansions while saving nothing in savings and a McJob. I bet the same idiots who voted for Bush are the ones who destroyed the real estate market. -reidallas

September 06, 2007 11:55 AM

-------------------

China artificially depressed interest rates to well below the rate of inflation by buying Treasuries, instead of selling their trade surplus dollars into the currency markets. They did this to maintain their currency peg (manipulation) so that they could keep sending cheap unsafe crap to Walmart (mmmmm... lead paint) and continue destroying what's left of our industry. Yes, the Chinese were most definitely enablers of the housing bubble.

Anonymous said...

I would've gotten 30 if not for questions 7 and 8. I buy a lot of business supplies at Walmart/Sam's Club in order to compete and reduce costs for my business. Naturally, I prefer to eat at local businesses.

China might manipulate its currency, but only because the Fed is a gigantic engine of inflation. We benefit from a tremendously overvalued currency, so why do we pummel them over it? I think we actually want the Chinese to manipulate their currency, and so does Peter Schiff (who is THE MAN.)

Otherwise, lots of As for me!

Anonymous said...

I agree with HP on most everything here except blaming China. You can't blame a poor country for trying to get ahead. America is digging its own grave, period.

Anonymous said...

It looks like Keith is looking for someone to blame for this mess. Someone needs to point out that this mess is the best thing for the cash hording HP'ers. The best thing to happen to the cash hording fools is for developers to build grand houses with no one there to buy them. A housing glut will make Kings out of the HP'ers.

Anonymous said...

happy homedebtor you make too much sense. Keef will ban your comments soon enough

Anonymous said...

23

you_dont_say said...

1) Do you
a) Rent until the crash is over

2) Are you a
a) Independent or Other

3) Do you normally find yourself
b) Spending what you earn

4) Do you believe housing prices will
a) Crash spectacularly

5) George Bush is
a) An incompetent doofus fiddling while Rome burns

6) Realtors are
a) Corrupt, lying dinosaurs

7) I normally shop and dine at
a) Locally owned businesses

8) China is our
b) Valued trading partner

9) Phoenix, Miami, Sacramento, Tampa, Naples, San Diego, Tucson, Vegas, Boston, DC and LA are
a) Going to see 1929-like depressions as their housing-based economies blow up and home prices fall 30% to 50%

10) Illegal immigrants
b) Should get amnesty

27 point!

Anonymous said...

You know, if things get really bad, it won't be illegal immigrant stories in the media headlines anymore.

It will be about illegal emigrants.

Bill in AZ said...

Keith - you need to change #2 to A) independant B) Republican C) Democrat

Though you appear to be a democrat at heart, whether you realize it or not, on economic matters you appear to be much more aligned with the right (free market) than the left. Don't fall for the most egregious and heinous deception of the left - the usurping of the term "liberal" by the democratic/socialist party.

Agreed - the current Republican party leaves a lot to be desired. But as far as fiscal matters go, they're infinitely closer to free market ideals than the Democrats.

Obviously, Ron Paul and the REAL "liberals" are the solution we've needed for a long time.

Zoe Rochelle said...

Happy homedebtor said...

So for full points on #7, you need to be overweight, high bp/high cholesterol, unemployed and rich in order to waste the extra $$ on eating out and shopping only at locally-owned shops and restaraunts? I'll take a mix of B and C on that one in that case, thanks.

--------------------------

I don't think the questions asks if you eat out as opposed to cooking at home. I rarely eat out but when I do I like local, privately owned places. I find the franchises and corporate owned restaurants are usually more expensive also.

I shop at the local pet store for cat food as opposed to PetCo and the 20 pounds of cat food cost 1.49 more.

Deek said...

You guys crack me up. Post after post of "I sold my house at the top" people that all carried mortgages, had to stretch etc... You are all acting like you are somehow smarter and better than everyone else. Do you really think that?

Don't you realize that each and every one of you is as responsible for the run up and the impending implosion as the moronic lenders and FBs that overpaid for your crappy homes? Why didn't you sell your house for less to bring comps down and keep the housing prices in your immediate area down? Oh wait, let me guess, you all sold below your initial asking and kept prices in line with the historical values and not the run up values right? :rolleyes:

You want everyone else to act responsibility and with self restraint when you couldn't? Hypocritical much?

So it is ok for you guys to profit from the bubble and then you cry like little punkass bitches that this horrible bubble is coming? Why cry about it, you helped cause it, morons?

All this kvetching is as useless as the despondent man that can't understand how he got lung cancer as he lights up another cigarette.

Anonymous said...

I shop Wal Mart. Do not like their employment issues, but love their prices. A liter of cola would be $5 without them. If USA and Unions wanted to do something about them they would. Did they not get started in places where the economy was non-service/plant oriented?

I purchased just about my fill of chinese-made products (not at Wal Mart.) What I could not pay for in cash and (keep my budget) I charged. Glad I did their quality is going down and prices going up. I have what I need and will pay for it when there is nothing else to buy product wise and the dollar will not buy nice things anymore, which is pretty soon I guess. Inflation or trade barriers to come.

Keith - "illegals" are only allowed to do what the US lets. Stop blaming them. So off topic.

Anonymous said...

Deek,

It's not that we're smarter, but rather you're stupider. Have a nice day. ;-)

Anonymous said...

7:12 Oh yes, how stupid of me. I forgot that congress throws the President's budget proposal in the trash and just does whatever they feel like.

Anonymous said...

Anonymous said...
I would've gotten 30 if not for questions 7 and 8. I buy a lot of business supplies at Walmart/Sam's Club in order to compete and reduce costs for my business. Naturally, I prefer to eat at local businesses.

China might manipulate its currency, but only because the Fed is a gigantic engine of inflation. We benefit from a tremendously overvalued currency, so why do we pummel them over it? I think we actually want the Chinese to manipulate their currency, and so does Peter Schiff (who is THE MAN.)

Otherwise, lots of As for me!

September 06, 2007 8:31 PM

-------------------------

Huh? It's more like Chinese manipulate their currency so that they can build up their industry, while destroying ours. They don't buy Treasuries because they expect to get a good return on their investment, but rather as a part of their long-term strategic plan to become the dominant global power. Consider all the intellectual property that they have been able to steal by being THE low cost supplier of manufactured goods. As for the "benefit" of an overvalued currency, whatever benefit Americans get as consumers is more than offset by the damage done to US jobs and the industrial base... and just because Schiff is right about some things, does not mean he is right about everything!

Anonymous said...

Anonymous said...
I agree with HP on most everything here except blaming China. You can't blame a poor country for trying to get ahead. America is digging its own grave, period.

September 06, 2007 8:38 PM

---------------------

I guess in your world, it's OK to rob banks, liquor stores, etc., too. You can't blame poor people for trying to get ahead.

As for the US, it should have paid more attention to its economic security. America fell for the old Trojan Horse (cheap imports from China) trick. Sad.

Bill in AZ said...

deek - you crack me up, too, idiot :)

You have made the serious error of confusing people who can objectively see and understand reality, and whom understood the long term cause and effects of the housing frenzy, with people who "are upset (or bitter?) that people didn't act responsibly". It's a free market, bub (at least it's supposed to be), and most people here simply recognized what was happening and what was going to happen and have tried to explain it to people like you, who didn't quite have the capacity to follow along. If you really think the message here was "people should intentionally sell for less money than they can get" then you have clearly missed the bus.

I have no problem at all with capitalizing on the situation. Sure, sell your house at the top! Go right ahead and "make the situation worse"! That isn't the issue. If you have the foresight (as many here do & did) you can benefit from events like this.

The hypocrisy you claim doesn't exist, as nobody's point was to tell others what they should or shouldn't do. They talked merely of what people WERE doing, and what was likely to happen to them in the long run. These people simply saw reality for what it was, and actually tried to help others. You're so far lost that you do not even "get" this simple fact, apparently due to your own personal bitterness. You were told over and over again what was coming, and chose not to see it. That, my friend, is the REAL fundamental issue.

Why criticize those who are disciplined and selfless enough to be able to avoid the clouding of the mind brought on by personal greed?

formosan80 said...

Everyone likes personality tests, so here's HP's version:

1) Do you
a) Rent until the crash is over


2) Are you a
a) Independent or Other


3) Do you normally find yourself
a) Living within your means and saving
(Only saving 15% but my wife and I are both in school).

4) Do you believe housing prices will

b) "soften"
(Except for Arizona, CA, NV, and FL)

5) George Bush is
a) An incompetent doofus fiddling while Rome burns

6) Realtors are
a) Corrupt, lying dinosaurs


7) I normally shop and dine at
a) Locally owned businesses
(Except for the rare item that I cannot find, then I go to Walmart)

8) China is our
a) Evil communist enemy and landlord, dumping cheap dangerous crap on unpatriotic Americans shopping at Wal-Mart while manipulating their currency and artificially suppressing bond yields thus causing the housing bubble
(I lived in Taiwan and China for 10 years and boy, the stories I could tell...)

9) Phoenix, Miami, Sacramento, Tampa, Naples, San Diego, Tucson, Vegas, Boston, DC and LA are
a) Going to see 1929-like depressions as their housing-based economies blow up and home prices fall 30% to 50%

10) Illegal immigrants
a) Should be sent home
(I wish there was a way I could personally send them home).


29 Points Total.

Tim K. said...

Yeah Anonymous - go hide behind that name while you cut down Deek you low life scum bag. At least Deek has the guts to say what he thinks and put his id to it. Typical of most of you brainless idiots on this site. Most people are afriad to say anything cause rather than start a rational argument you just hurl insults at anyone who disgrees with you. Yep, that's the sign of a smart person alright. Your paper thin arguments are so transparent that you can't even argue them.
What a bunch of dorks. You're so busy patting yourselves on the back over your imagined "win" and gloating over peoples problems that your little self absorbed minds can't see the big picture.
What a bunch of...DOPES!

Anonymous said...

Anonymous 8:20 said:

Illegals also bought some of the houses, as well as being a motivating factor in the middle class (what's left of it anyway) moving to the exurbs.

==================================

Illegals were not a motivating factor for the middle trash moving to the exurbs. Stupidity and greed were. Why live in a 1200 sq ft house in an old neighborhood when you're just a 2/28 suicide mortgage away from living the American Dream a 3000 sq ft shitbox (that's falling apart even before you move in)and a two hour commute. The illegals just bought into the old neighborhoods that whitey left behind.

kitchenstove said...

1) A - I rent. I will for awhile.

2) A - I was a Dem, but I could relate to a small number of GOP ideas. Now I don't like either party at all, so I guess I'm Independant.

3) A - I live within my means, and have enough left over each month for my savings.

4) A - I believe house prices will crash spectacularly. I think it will happen very soon too. In my neighborhood I have begun to see more moving trucks than ever before, and people are not moving in either.

5) A - I have to go with the first one. The man is a clown. I can't even describe what I think of him without it being very rude and vulgar.

6) A - They are dinosaurs, and we all know what happened to the dinosaurs.

7) A - I normally shop and dine at locally owned businesses. I visit the big name grocery stores and retail stores on very, very rare occassions (usually dragged to these places by some older relative lol), but stores like W$$$$$$ are absolutely out of the question. I've never spent a dime in there.

8) Torn between A and D, none of the above - China is a country being run by gangsters like every other country. It's the guys and gals in power who cannot be trusted.

9) A - These cities might wind up being like a Snake Plisskin film. I remember you posted that picture. I still laugh about that, those movies are great. They're going to need a guy like him if everything gets all Mad Max in some of these places. He could get out of any fix.

10) A, B - Illegal immigrants should go through the proper channels to become a citizen if that is what they are honestly willing to do. They may also want to think about staying home and making their own country a better place.

I think I had mostly A's, but I know I started rambling with some of these answers, lol.

Anonymous said...

"Dude, illegal immigration helped cause the housing bubble

Who do you think built all those unneeded homes?

Please don't breed"

Keith - building unneeded homes, if anything, has kept prices down (and will do more so in the future) by increasing supply. This is a bubble caused by excess liquidity, shoddy lending standards, and mania. I understand that you are paranoid about illegal immigrants (which is quite unfortunate), but by mixing your two stances you are unnecessarily ruining your good arguments.

Anonymous said...

Your answers on China are all wrong. China certainaly is no longer Communist. Its businesses and government are acting in their own self interest. There is no reason to expect that they would act in our self interest. That is supposed to be our job. Whose fault is it that we have an administration which defends the interest of Walmart against that of the majority of our people?

Anonymous said...

Anonymous said...
Your answers on China are all wrong. China certainaly is no longer Communist. Its businesses and government are acting in their own self interest. There is no reason to expect that they would act in our self interest. That is supposed to be our job. Whose fault is it that we have an administration which defends the interest of Walmart against that of the majority of our people?

September 07, 2007 4:08 PM

-------------------------

Keep in mind that the Chinese government owns controlling stakes in most major Chinese companies... and can nationalize (steal) what it doesn't legally own whenever that suits its purposes.