tag:blogger.com,1999:blog-18675105.post1803112781022043785..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: The Knockout Blow: “If you think this is bad, imagine what it’s going to be like in the middle of the crisis.”bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-18675105.post-92081352749088277512007-04-03T13:26:00.000+01:002007-04-03T13:26:00.000+01:00Dick Cheney says that not buying a new home means ...Dick Cheney says that not buying a new home means that the terrorists win.<BR/><BR/>------------<BR/><BR/>Tell you what "Dick" fork over some of those Millions you have tucked away in Foreign Banks and I would be more than happy to Buy another home...maybe 2....but not on my tab...yours you Bat Fig.Billhttps://www.blogger.com/profile/06623291271325261181noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-67989132889721278722007-04-03T08:18:00.000+01:002007-04-03T08:18:00.000+01:00Warren Buffet’s two rules of investing: (1) Don’t ...Warren Buffet’s two rules of investing: <BR/><BR/>(1) Don’t lose money.<BR/><BR/>(2) Don’t forget rule number one.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61490257704317831832007-04-03T04:54:00.000+01:002007-04-03T04:54:00.000+01:00So, did they ever find the Anthrax Killer? I hear ...So, did they ever find the Anthrax Killer? <BR/><BR/>I hear OJ's looking for him too. <BR/><BR/>Dick Cheney says that not buying a new home means that the terrorists win.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-88541307941796918282007-04-03T02:03:00.000+01:002007-04-03T02:03:00.000+01:00Memo to the rest of the planet. The only things w...Memo to the rest of the planet. The only things we have to offer are debt and war. Stop financing our debt and we'll bring you a war.<BR/><BR/>PS: please stop switching your oil purchases from dollars to euros, or else....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-73791087857663351272007-04-03T01:11:00.000+01:002007-04-03T01:11:00.000+01:00What companies would you start shorting today?jbwv...What companies would you start shorting today?<BR/>jbwvegasAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-79340955106815566692007-04-03T01:01:00.000+01:002007-04-03T01:01:00.000+01:00JAFO-I don't think we'll have quite the doomsday s...JAFO-<BR/><BR/>I don't think we'll have quite the doomsday showdown. No WMD on American soil. <BR/><BR/>Here are my thoughts:<BR/><BR/>1. Should the liquidity/equity bubble shatter, where will China/Greedy American Companies dump their cheap products?<BR/><BR/>2. Should the dollar plunge into Chaos, hyperinflate or recorrect; what will the oil nations, china, taiwan and japan do with their dollars reserves and dollar backed financial instruments?<BR/><BR/>What everyone seems to ignore is that the American Empire won't implode in a vacuum. If and/or when it does, it will bring the rest of the world down with it. <BR/><BR/>Then what? Well, America will do what it always has....become more slf sufficient. We are a resilient people. Will this create issues down the road? Yes. Will we need to become more of a manufacturing country again? Yes.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-71125706961891959692007-04-03T00:19:00.000+01:002007-04-03T00:19:00.000+01:00And I feel fine.And I feel fine.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-13565298651925718742007-04-02T20:27:00.000+01:002007-04-02T20:27:00.000+01:00The illegals can just go home, take all the skills...The illegals can just go home, take all the skills they picked up while working here, and start new lives where they come from.<BR/><BR/>I wonder what all those real estate agents, pr people, and other useless skilled but highly paid people will do next?<BR/><BR/>Imagine 20 million Americans all jumping into Internet Marketing at the same time, trying to sell useless products to each other.<BR/><BR/>LOL!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-9995011941996953352007-04-02T19:30:00.000+01:002007-04-02T19:30:00.000+01:00Well Anonymous if this is not a crash of some kin...Well Anonymous if this is not a crash of some kind, can you please enlighten us as to what it is?<BR/><BR/>And no i do not rent I own, but I did not fall for the bullshit..Billhttps://www.blogger.com/profile/06623291271325261181noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-13925216710392720712007-04-02T17:53:00.000+01:002007-04-02T17:53:00.000+01:00Holy crap! JAFO's right!!!Holy crap! JAFO's right!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-58312261384567109232007-04-02T17:45:00.000+01:002007-04-02T17:45:00.000+01:00So now the crash will be in Fall 2007 eh? Hmmm las...So now the crash will be in Fall 2007 eh? <BR/><BR/>Hmmm last spring the crash was supposed to happen in Fall 2006. Then in Fall 2006 it was supposed to happen in Spring 2007.<BR/><BR/>What happened?<BR/><BR/>Oh I know what happened. You reting fools were wrong again and again and again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-90008961973927133122007-04-02T17:02:00.000+01:002007-04-02T17:02:00.000+01:00Anon @ 2:40 PM,What exactly do you propose that we...Anon @ 2:40 PM,<BR/><BR/>What exactly do you propose that we produce to work our way out of a depression. Our manufacturing base is already decimated. Corporations are rapidly fleeing America for cheap labor and fat concessions from foreign governments. This is why I am more and more convinced that something really big is coming to distract us from our own collapsing infrastructure. A war with Iran might do it but the present political climate here makes that an unpopular choice. However, a nuclear or biological attack on an American city by persons or groups unknown would serve nicely to rally the people and give them something to focus on besides their wallets and portfolios. Plus, a draft would certainly solve a lot of employment problems now wouldn't it.<BR/><BR/>JAFOAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-67153454037067023812007-04-02T16:27:00.000+01:002007-04-02T16:27:00.000+01:00ORANGE COUNTY = Ghost Town - New Century to layoff...ORANGE COUNTY = Ghost Town - New Century to layoff 3400!!!. . .anyone for beachfront property in Newport??? Fire Sale prices soon.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-66115420446897066802007-04-02T16:11:00.000+01:002007-04-02T16:11:00.000+01:00New Century just went belly up. . .guess that was ...New Century just went belly up. . .guess that was expected, but I am still waiting for Wells and WaMu to "warn" about lower profits. . .Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-30577632991526925572007-04-02T16:00:00.000+01:002007-04-02T16:00:00.000+01:00CnnFn reporting: "Sub-prime lender New Century Fin...CnnFn reporting:<BR/><BR/> "Sub-prime lender New Century Financial files for bankruptcy, Reuters reports. Story soon."<BR/><BR/>The tremors are getting more and more powerful, the ground is shaking, people put your ear to the ground, that is not a train that is a vocano!tmaiolihttps://www.blogger.com/profile/18423568231695426474noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-71860628562380391332007-04-02T15:42:00.000+01:002007-04-02T15:42:00.000+01:00I cashed out my CountryWide puts last week for som...I cashed out my CountryWide puts last week for some good money but I had to buy more this morning!<BR/><BR/>Just in time to catch their next leg down.<BR/><BR/>Easy money.<BR/><BR/>Nice.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-75742760669424314882007-04-02T15:40:00.000+01:002007-04-02T15:40:00.000+01:00Flash: Breaking Reality News.What you're seeing is...Flash: Breaking Reality News.<BR/><BR/>What you're seeing is the last bubble a production-diminished country tried to inflate which failed.<BR/><BR/>This is it. That last fake-out the U.S. had to play suckers fizzled. <BR/><BR/>The U.S. will now enter a depression which will require us to actually produce to recover from.<BR/><BR/>We return you now to your regularly scheduled fantasy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61838840593618657252007-04-02T15:18:00.000+01:002007-04-02T15:18:00.000+01:00W R O N GWe make loads of financial instruments kn...W R O N G<BR/><BR/>We make loads of financial instruments known as derivatives.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-10761041063005885542007-04-02T14:47:00.000+01:002007-04-02T14:47:00.000+01:00Hmmm. Not sure that's a credible news source. th...Hmmm. Not sure that's a credible news source. thetrumpet.com is a bunch of bible bashers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32106285798009895052007-04-02T14:43:00.000+01:002007-04-02T14:43:00.000+01:00"strolling around Connecticut"Greenwich, Connectic..."strolling around Connecticut"<BR/><BR/>Greenwich, Connecticut<BR/>Median home price $1,129,000 <BR/><BR/>Hartford, Connecticut<BR/><BR/>"Several indicators point to Hartford's problems," "The poverty level is substantial. <BR/>"Hartford holds the worst score among the nation's 245 large cities, indicating that its stress level is the heaviest."<BR/><BR/>http://www.bizjournals.com/specials/2005/economic_stress/stress_cities.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-37128372662436880222007-04-02T12:33:00.000+01:002007-04-02T12:33:00.000+01:00In fall 2007, the market will be tanking. Big Time...In fall 2007, the market will be tanking. Big Time!Davidhttps://www.blogger.com/profile/11169148764438565562noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-39325041341300516142007-04-02T12:22:00.000+01:002007-04-02T12:22:00.000+01:00Ya gotta love it....From Bloomberg this morning:Bl...Ya gotta love it....<BR/><BR/>From Bloomberg this morning:<BR/><BR/>BlackRock Inc., Fisher Investments Inc. and Schroders Plc, which manage about $1.4 trillion, say stocks are inexpensive relative to bonds. Profit of companies in the Standard & Poor's 500 Index, the benchmark for American equity, is growing faster than shares, and represents a yield of 6.53 percent compared with 4.65 percent for 10-year U.S. Treasury notes. <BR/><BR/>These guys live in the proverbial myopic rich man's bubble. It seems apparent to me that the "huge growth" in profits has been from cutting labor costs by 90% and cutting prices by 20%, leaving you a 70% uptick in net profit. Add to that the ATM HELOC and the Visa credit spree and yeah, you've got profits, extremely vulnerable, myopic profits, but hey, the EPS doesn't lie. <BR/><BR/>I guess in some ways it's easier to get the view from down here. I just need to listen to the people I spend 40 minutes on the bus with every morning, they aren't money savvy, but they know something is amiss.<BR/><BR/>I guess you don't get that type of feedback strolling around upscale Connecticut.Anonymousnoreply@blogger.com