tag:blogger.com,1999:blog-18675105.post2079880827333226411..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: Pick one Americabloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger31125tag:blogger.com,1999:blog-18675105.post-30057563427973861192008-08-20T22:55:00.000+01:002008-08-20T22:55:00.000+01:00Easy pick: Let them eat toast.Easy pick: Let them eat toast.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-25798577500878346342008-08-20T16:19:00.000+01:002008-08-20T16:19:00.000+01:00Roubini is an optimist. Seriously. Not long ago he...Roubini is an optimist. Seriously. Not long ago he thought things wouldn't be so bad in Europe, Australia, etc. He was mostly worried just about the US. He has been slowly coming to realize that things are worse than he feared.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-85107080156752172762008-08-20T16:11:00.000+01:002008-08-20T16:11:00.000+01:00Roubini - one SMART Iranian Jew!!What a combo! Ta...Roubini - one SMART Iranian Jew!!<BR/><BR/>What a combo! Talk about BIG Brains!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-88253986113716366822008-08-20T15:23:00.000+01:002008-08-20T15:23:00.000+01:00nationalize responsibility.foreclose on the irresp...nationalize responsibility.<BR/><BR/>foreclose on the irresponsible, insolvent sheeple. <BR/><BR/>bring back the RTC to foreclose on the irresponsible, insolvent banks.<BR/><BR/>those who do not learn from their mistakes are doomed to repeat them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-62411418522117620492008-08-20T14:09:00.000+01:002008-08-20T14:09:00.000+01:00LET THEM EAT TOAST!!!!LET THEM EAT TOAST!!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-47113034986454767792008-08-20T07:57:00.000+01:002008-08-20T07:57:00.000+01:00I pick choice C, none of the above.I pick choice C, none of the above.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-71026372522582931912008-08-20T05:42:00.000+01:002008-08-20T05:42:00.000+01:00If it were up to me, I'd say screw the banks. The...If it were up to me, I'd say screw the banks. They've been screwing us all these years. Let'em fail. Let their shareholders lose all.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-8384232632302253132008-08-20T05:36:00.000+01:002008-08-20T05:36:00.000+01:00I don't think that they will *all* be toast. Just ...I don't think that they will *all* be toast. Just maybe the greater majority of 'em.<BR/><BR/>However I would lean towards the banks for several reasons, mostly because I believe our founding fathers and early leaders only envisioned American banks operating in America, under full American control and scrutiny- if at all.<BR/><BR/>I seriously doubt that they intended for international banks to ever have so much power and sway over America. Or so very much of our land...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-47664908813205946532008-08-20T05:27:00.000+01:002008-08-20T05:27:00.000+01:00Very discouraging that Roubini could have made tha...Very discouraging that Roubini could have made that speech to professional economists in 2004 and be derided. <BR/><BR/>Most politicians and the Greg Swanns of the world were willfully delusional because it was in their self-interest to be that way. But economists are supposed to be detached. Why couldn't they see what we saw? What Roubini saw? What were they looking at? Very discouraging.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-30728601152932400592008-08-20T04:59:00.000+01:002008-08-20T04:59:00.000+01:00Let's make a deal, pay me and I will leave this co...Let's make a deal, pay me and I will leave this country, and you can have the house, at least I'll have freedom.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-63101879504762949362008-08-20T04:23:00.000+01:002008-08-20T04:23:00.000+01:00Of the different economists I have followed throug...Of the different economists I have followed through this meltdown, Roubini has been spot on.<BR/><BR/>Read his February 2008 piece (at his website): The 12 steps to financial meltdown <BR/>The man is a prophet.<BR/><BR/>Dow to the 9,000 range per Roubini. I believe it. Gold will take a hit as well, as it has recently (although I am long gold)<BR/><BR/>He is worth listening to.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-6609970180358984932008-08-20T02:42:00.000+01:002008-08-20T02:42:00.000+01:00Nationalize This! you bastards.... life just isn't...Nationalize This! you bastards.... life just isn't fair!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-31308445812534822972008-08-20T02:33:00.000+01:002008-08-20T02:33:00.000+01:00I like toast. Popcorn too. The latest conspiracy t...I like toast. Popcorn too. <BR/><BR/>The latest conspiracy theory: The rich and powerful knew the agency bonds were backstopped by the gubbermint. Joe Shmoe average investor was left wondering. Score another one for the insider maggots, who got higher yields on the backs of the US taxpayer, again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-48353752897337672202008-08-20T01:59:00.000+01:002008-08-20T01:59:00.000+01:00Oh well, we had a nice run.USAborn 1776 - died 200...Oh well, we had a nice run.<BR/><BR/>USA<BR/>born 1776 - died 2008<BR/><BR/>(Of course, the corpse will be kept "alive" by artificial means)RJhttps://www.blogger.com/profile/07307437595686083352noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-29722998057698834662008-08-20T00:56:00.000+01:002008-08-20T00:56:00.000+01:00the dude knows whereof(archaic) he speaks...the dude knows whereof(archaic) he speaks...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-25276090240084793492008-08-20T00:50:00.000+01:002008-08-20T00:50:00.000+01:00Good written profile of Roubini in the NY Times.Good written profile of Roubini in the NY Times.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-67219736085309939322008-08-20T00:32:00.000+01:002008-08-20T00:32:00.000+01:00I don’t hate Europe I just hate their foreign poli...I don’t hate Europe I just hate their foreign policies.<BR/>The suffering Ossetians have a right to resist the Georgian occupation.<BR/>Ossetian martyrs when blowing themselves up in the Georgian pizzerias are not terrorists they are resistance fighters.<BR/><BR/>DOPES!!!<BR/><BR/>Just pointing out the disgusting European hypocrisy.<BR/><BR/>Kissing murderous Arab dictators a$$ is preferred to Russia’s style.<BR/>(any HPers wanna guess why)<BR/><BR/>A reminder to Europe before the coming massive EU economic crash..<BR/><BR/>‘You sleep in the bed you make’Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-69035633765377131882008-08-20T00:03:00.000+01:002008-08-20T00:03:00.000+01:00Umm how about nationalize nothing. At least that's...Umm how about nationalize nothing. At least that's the only option if you don't want to tear up the Constitution.Frank Rhttps://www.blogger.com/profile/07625929422222490759noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-62449730904150990562008-08-19T23:40:00.000+01:002008-08-19T23:40:00.000+01:00How bout we go with the "they're all toast!" optio...How bout we go with the "they're all toast!" option.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-37839272051430310452008-08-19T23:03:00.000+01:002008-08-19T23:03:00.000+01:00so who's gonna bite the big one?Wamu?Wachovia?Citi...so who's gonna bite the big one?<BR/><BR/>Wamu?<BR/>Wachovia?<BR/>Citi?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-71982146492579928372008-08-19T22:29:00.000+01:002008-08-19T22:29:00.000+01:00I like toastI like toastAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-77493206275043983082008-08-19T22:14:00.000+01:002008-08-19T22:14:00.000+01:00The Professor is right.The Professor is right.consultanthttps://www.blogger.com/profile/06212860754280555647noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-54179732392934211412008-08-19T22:07:00.000+01:002008-08-19T22:07:00.000+01:00Of those 3 choices, I prefer "they're all toast"Of those 3 choices, I prefer "they're all toast"Refuse to buy overpricedhttps://www.blogger.com/profile/04529128673944692315noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-46382566216434420132008-08-19T21:56:00.000+01:002008-08-19T21:56:00.000+01:00Uhhh in either case the end result is the nation i...Uhhh in either case the end result is the nation is toast.<BR/><BR/>PS this is a far cry from HP's usual Ronpaulian tendencies.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-11319343787183321112008-08-19T21:46:00.000+01:002008-08-19T21:46:00.000+01:00The real estate tsunami is engulfing so many count...The real estate tsunami is engulfing so many countries now, from the UK to Australia, and Morgan Stanley experts say the Dubai bubble should burst in 09.<BR/><BR/>In Spain, the government said NO to bailouts. It turned out to be more responsible than its counterpart in the US. They are letting the housing market correct itself. <BR/><BR/>Now the greedy property investors in Spain gave up waiting for gov handouts. They are forgoing their deposits rather than risking more losses as the market is still heading down to more reasonable price levels:<BR/><BR/>http://tinyurl.com/5nbapcAnonymousnoreply@blogger.com