December 19, 2007

Great report from CNBC's Diana Olick on the Paulson/Bush Housing Gambler Bailout failure, and Greenspan's latest brain fart


Read the funny piece on her blog and also watch the
video with her and the lovely Erin Burnett, and vote in the poll.

I liked how she closed at the end mentioning the blog and how the reaction she gets to any type of government bailout is overwhelmingly against.

Keep on it HP'ers. You have a voice, and it's being heard, but time to get even louder.

NO F*CKING GOVERNMENT HOUSING GAMBLER BAILOUT!!!!!

16 comments:

Anonymous said...

mmmmm erin burnett is yummy

bickerer said...

Yesterday, former Fed Chairman Alan Greenspan jumped on the "negative" bandwagon, saying he would rather see a government bailout than the Paulson Plan.


That filthy son of a bitch!!!

Chris said...

I love how you typed "lovely" lol

Edgar said...

She is a media ho, but at least she is decent to look at.

Anonymous said...

Who ever thought there would be such a thing as "financial eye candy?"

Anonymous said...

http://tinyurl.com/2lcj3k


housing bargains in california....

hmmm, my trigger finger is getting itchy. i wonder if countrywide would give me a sweatheart loan deal?

Malcolm said...

Sorry Keith, she only has eyes for Cramer.

Anonymous said...

.


More cleavage Erin!


.

Ed said...

"On Friday, O'Toole said, a foreclosed five-bedroom Modesto home on Hemstead Avenue went up for auction with a starting bid of $301,500, even though the lender was owed $537,000 from a delinquent mortgage. But that $235,500 discount apparently wasn't enough. O'Toole said no one bid, so the lender now owns the house."

OH SNAP. WE BE IN TROUBLE WILLIS.

Anonymous said...

Ms.Olick ain't too shaby either. The thought of a Diana/Erin sandwich, good lord.

Anonymous said...


Ms.Olick ain't too shaby either. The thought of a Diana/Erin sandwich, good lord.



Add Maria Bartiroma and some mayo too.

Anonymous said...

Diana Olick - buy

Becky Quick - strong buy

Erin Burnett - buy and hold

Princess Mononoke said...

Yeah, Diana has been very candid about her thought's on this mess. I like her reporting style!

She doesn't look bad as a brunette in the digitally altered pic. Her new hairdo really looks great!

Anonymous said...

Why does it bother you if there is a government bail out? I bought a townhouse for 700K and now it is worth a lot less. I took out an exotic loan and took money out to finance my lifestyle and you folks saved your money and hoped for a financial disaster. In the coming years, even more mortgages will reset. Do you think the government and corporate America will just stand by and let this happen? Of course not, they will bail us out. We win. All of you HP'ers lose. Go get a life HP'ers!

Andris Virsnieks said...

The real estate boom-and-bust cycle is still on the way down but it is not yet the time to buy (at least not in Seattle). The time to buy will be when the rent you can get, every month, for a property is 1% of the price you pay for the property. For instance, if you buy a condo for $250,000 you must get a rent of $2,500. If you stick as closely as possible to this "golden rule" greed will not suck you into dangerous speculation that has caused many people to lose their shirts recently. For more details on how to run the numbers see my book "How to Invest in Condominiums

Andris Virsnieks said...

The real estate boom-and-bust cycle is still on the way down but it is not yet the time to buy (at least not in Seattle). The time to buy will be when the rent you can get, every month, for a property is 1% of the price you pay for the property. For instance, if you buy a condo for $250,000 you must get a rent of $2,500. If you stick as closely as possible to this "golden rule" greed will not suck you into dangerous speculation that has caused many people to lose their shirts recently. For more details on how to run the numbers see my book "How to Invest in Condominiums