tag:blogger.com,1999:blog-18675105.post2160024526281148311..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: BUBBLETALK - open thread to talk about the housing bubble and mortgage meltdownbloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger208125tag:blogger.com,1999:blog-18675105.post-53847148010098615322013-03-15T03:50:33.044+00:002013-03-15T03:50:33.044+00:00This comment has been removed by a blog administrator.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-73026936389297545312008-03-07T15:46:00.000+00:002008-03-07T15:46:00.000+00:00When are is this blog going to ban Blowfly (Blowho...<B>When are is this blog going to ban Blowfly (Blowhole is more like it), the King of all Trolls, who needs to be beaten, sodomized and burned alive?</B> <BR/><BR/>Interesting take on free speech I must say. I am looking forward that all of you white trailer trash dog face baldheaded whores are being ruled and bossed around by a black man, yeah baby take it up the ass from the first black president. I rapped about it in 1983 on my Fresh Juice album. <BR/><BR/>On another note, I'm hiring a sound engineer, so if any of you brainless monkeys working in IT have enough gray matter left to push a lever up and down, please feel free to apply. Morons who check ( ) “renting” when asked for type of residence don't even have to bother. I don't hire imbecile retarded dipshits.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-64171569452632928252008-03-07T07:27:00.000+00:002008-03-07T07:27:00.000+00:00Did Rezko find jobs for Obama staffers? The Chicag...Did Rezko find jobs for Obama staffers? <BR/>The Chicago Sun-Times reports:<BR/><BR/>Did Barack Obama use indicted campaign fund-raiser Tony Rezko as a conduit to get jobs for people in Gov. Blagojevich's administration?<BR/><BR/>The question arises from a list of 39 people Rezko's lawyers said in a court filing he urged Blagojevich to give state jobs.<BR/><BR/>Among those on the list were two people who appear to have Obama links and a third who's now an Obama presidential campaign staffer.<BR/><BR/>But did the names come from Obama? His campaign staff's short answer: Don't know -- but it's possible.<BR/><BR/>"We do not know how decisions were made to fill specific state positions, and we have no records of any individual recommendations we were asked to make or made," says Obama spokesman Bill Burton "But we do know that Tony Rezko, among others, was helping to gather names for the positions coming open with a new administration, and, if it is established any names came through our office, we would have no reason to doubt it."<BR/><BR/>Barack Obama sure is a Chicago Machine politician.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-64023546707976415992008-03-07T07:08:00.000+00:002008-03-07T07:08:00.000+00:00McCain Camp: I Agree With Obama Aide on Both Democ...McCain Camp: I Agree With Obama Aide on Both Democrats' Lack of Preparedness<BR/>March 06, 2008 2:02 PM<BR/><BR/>On MSNBC's "Tucker" yesterday, one of Sen. Barack Obama's top foreign policy aides, former assistant secretary of state for African Affairs Susan Rice, said of Clinton's 3 am phone call TV ad, "Clinton hasn't had to answer the phone at three o'clock in the morning and yet she attacked Barack Obama for not being ready. They're both not ready to have that 3 am phone call."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-20439031213540028412008-03-07T06:22:00.000+00:002008-03-07T06:22:00.000+00:00My guess on what may happen: Real Estate will depr...My guess on what may happen: Real Estate will depreciate but we will have high interest rates so that it will be unaffordable for a lot of people.Mitesh Damaniahttps://www.blogger.com/profile/08105826492525999039noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-78889476689498640922008-03-07T03:47:00.000+00:002008-03-07T03:47:00.000+00:00Boy, intelligence is definitely optional here. I r...Boy, intelligence is definitely optional here. I remember when facts were presented here, not insults. Oh well, now the bubble has reached HP, it is the stupidity bubble. Hopefully this bubble will crash soon and well thought out statements and facts will come back....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-44147036886462301902008-03-07T01:45:00.000+00:002008-03-07T01:45:00.000+00:00Blowfly said...You stupid-ass renting retard with ...<I>Blowfly said...<BR/><BR/>You stupid-ass renting retard with a 3rd grade education. I remember what my dad had said one night, he said n*ggers dicks are bigger than white! Now go and f*ck off you dog faced bald headed realtwhore!<BR/><BR/><BR/>March 06, 2008 2:58 PM<BR/><BR/>So then you are a black man????<BR/><BR/></I><BR/><BR/>No, he is just implying his dad would know after getting ass-raped by Bubba during his stint at San Quentin.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-40852351009024655492008-03-07T01:40:00.000+00:002008-03-07T01:40:00.000+00:00I was interviewed by a reporterfrom South China Da...I was interviewed by a reporter<BR/>from South China Daily last year<BR/>after I responded to an e-mail.<BR/><BR/>Her greatest single issue of<BR/>interest was why Americans'<BR/>savings rates were so low.<BR/>I suggested that our general<BR/>economic stress was compounded<BR/>by poor education and<BR/>continuing overconfidence.<BR/><BR/>..… What did I miss ? …...<BR/>Inflation higher than Fed stats ?<BR/>Declining real incomes ?<BR/>Dying USD ?<BR/>Huge trade deficits ?<BR/>Huge budget deficits ?<BR/>Crime/incarceration costs ?<BR/>Lack of preventive health ?<BR/>Predatory/casino economy ?<BR/>Purchased governments ?<BR/>Savings disincentives ?<BR/>Endless boosterism ?<BR/>Weak litigation systems ?<BR/>Erosion of responsibility ?<BR/>Pump-n-dump markets ?<BR/>Passivity/self-indulgence ?<BR/>Corrosive pop culture ?<BR/>Lack of community ?<BR/>Ignorance of history ?<BR/>Fear of things technical ?edd brownehttps://www.blogger.com/profile/08825894326281481673noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-17214810285069665912008-03-06T23:13:00.000+00:002008-03-06T23:13:00.000+00:00Love seeing all the chronic masturbators getting r...Love seeing all the chronic masturbators getting red in the face whenever someone disagrees with HP conventional wisdom. You guys need to get out of your parents' basement more often and live a little.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-59799752157067789602008-03-06T21:34:00.000+00:002008-03-06T21:34:00.000+00:00Renting is for college students and those on welfa...<I>Renting is for college students and those on welfare. Anyone over 25 with a job who rents is a moron.</I><BR/><BR/>F*ck off, retard. Do everybody a favor, take yourself out of the gene pool.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32766038555160244602008-03-06T20:45:00.000+00:002008-03-06T20:45:00.000+00:00Blowfly said...You stupid-ass renting retard with ...Blowfly said...<BR/><BR/>You stupid-ass renting retard with a 3rd grade education. I remember what my dad had said one night, he said n*ggers dicks are bigger than white! Now go and f*ck off you dog faced bald headed realtwhore!<BR/><BR/>March 06, 2008 2:58 PM<BR/><BR/>So then you are a black man????Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-18445273424022033612008-03-06T19:04:00.000+00:002008-03-06T19:04:00.000+00:00Why would the credit agencies think that we are so...<I>Why would the credit agencies think that we are so creditworthy?<BR/><BR/>March 05, 2008 3:28 AM </I><BR/><BR/>When calculating FICO, the amount of debt doesn't matter too much. What matters is do you pay on time, how long have you had debt and what is your ratio of debt to available debt. <BR/><BR/>So if you have $13K in cc debt, but make payments on time, have been doing so for many years and have at least another $20K in cc debt available, you will have a high fico score.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-41248052487818812842008-03-06T18:58:00.000+00:002008-03-06T18:58:00.000+00:00Renting is for college students and those on welfa...Renting is for college students and those on welfare. Anyone over 25 with a job who rents is a moron.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-75092736278288124342008-03-06T18:57:00.000+00:002008-03-06T18:57:00.000+00:00"Here is one for you dipshit renters. Paul W. a co..."Here is one for you dipshit renters. Paul W. a computer engineer rented a 2BR luxury waterfront condominium from an investor in the Blue Condo tower in Miami. Rental price $2,500 per month. Terms: First, Last and Security ($7,500) cashier’s check. Paul moved in on February 1st and sent his check for $2,500. Yesterday a foreclosure notice was posted at his door and he will have to move out in 2 weeks. Will the landlord return his deposit? This imbecile moron doesn’t deserve it better. Stupid ass rentards are being fleeced. Bwahahahahahah!!!!"<BR/><BR/>BOO-YAH! Another renting idiot fleeced.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-49128760762487841132008-03-06T17:59:00.000+00:002008-03-06T17:59:00.000+00:00Is a house an 'asset', anymore?Home Equity Falls B...Is a house an 'asset', anymore?<BR/><BR/><A HREF="http://biz.yahoo.com/ap/080306/home_equity.html" REL="nofollow">Home Equity Falls Below 50 Percent</A><BR/><I>NEW YORK (AP) -- Americans' percentage of equity in their homes fell below 50 percent for the first time on record since 1945, the Federal Reserve said Thursday.<BR/><BR/>Economists expect this figure to drop even further as declining home prices eat into the value of most Americans' single largest <B>asset.</B></I><BR/><BR/>Definition: ASSET<BR/>1. useful or valuable quality, person, or thing; an advantage or resource: proved herself an asset to the company. <BR/>2. A valuable item that is <B>owned.</B> <BR/>3. A spy working in his or her own country and controlled by the enemy. <BR/>4.assets <BR/>Accounting The entries on a balance sheet showing all properties, both tangible and intangible, and claims against others that may be applied to cover the liabilities of a person or business. Assets can include cash, stock, inventories, property rights, and goodwill. <BR/>The entire <B>property owned</B> by a person, especially a bankrupt, that can be used to settle debts.Tyronehttps://www.blogger.com/profile/04226876002855072090noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53374943680160392442008-03-06T16:53:00.000+00:002008-03-06T16:53:00.000+00:00Well, since the housing market has gone to pot, mi...Well, since the housing market has gone to pot, might as well let it sink like a rock. I'd only offer 1%, yes, 1% of the going price for a house if you wanted the housing bubble to blow up. Most of the houses in Amurica are only worth that anyway so it's not a big deal. Get a mansion in Beverly Hills for 100K. Buy that flat in Manhattan for 70K. Or get a real house elsewhere for $1,000 - $2,500! What a deal!<BR/><BR/>We haven't screwed up the economy enough yet so let's hope that gold drops to $5 per oz and silver drops to $0.02/oz and the Dow Jones goes to 1000 and the S&P 500 drops so low it becomes the S&P 5! Forget about the MSM and the economy and all the other crap and let's just have a party-based economy instead of a RE economy! Plenty of Mcmansions to trash...<BR/><BR/>BWAHAHAHAHAHAHAHAAA!!!!!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61596349869826974092008-03-06T16:26:00.000+00:002008-03-06T16:26:00.000+00:00Don't like higher taxes? Well, just leave. Palat...Don't like higher taxes? Well, just leave. Palatine, a Chicago suburb, wants out of Cook County.<BR/><BR/><A HREF="http://www.chicagotribune.com/news/local/chi-tax-protest_both_05mar05,0,2753998.story" REL="nofollow">Cook tax increase has county border towns steaming<BR/>Palatine looking into ways it can secede from Cook County in wake of new increase</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-28813967943731751642008-03-06T15:36:00.001+00:002008-03-06T15:36:00.001+00:00the government should offer a 1% loan to those bei...the government should offer a 1% loan to those being forclosed on. This would keep everyone in the home and the government would still be making money. The alternative is to let the whole economey go down like the Titanic. Doesn't anyone in country have common sense....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-26382547796549979342008-03-06T15:36:00.000+00:002008-03-06T15:36:00.000+00:00the government should offer a 1% loan to those bei...the government should offer a 1% loan to those being forclosed on. This would keep everyone in the home and the government would still be making money. The alternative is to let the whole economey go down like the Titanic. Doesn't anyone in country have common sense....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-60904875118366658462008-03-06T14:58:00.000+00:002008-03-06T14:58:00.000+00:00Anybody want to take a guess as to how small Blowf...<B>Anybody want to take a guess as to how small Blowfly's penis is?</B><BR/><BR/><BR/>You stupid-ass renting retard with a 3rd grade education. I remember what my dad had said one night, he said n*ggers dicks are bigger than white! Now go and f*ck off you dog faced bald headed realtwhore!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-6196987202468233552008-03-06T10:16:00.000+00:002008-03-06T10:16:00.000+00:00Here is one for you dipshit renters. Paul W. a com...<I>Here is one for you dipshit renters. Paul W. a computer engineer rented a 2BR luxury waterfront condominium from an investor in the Blue Condo tower in Miami. Rental price $2,500 per month. Terms: First, Last and Security ($7,500) cashier’s check. Paul moved in on February 1st and sent his check for $2,500. Yesterday a foreclosure notice was posted at his door and he will have to move out in 2 weeks. Will the landlord return his deposit? This imbecile moron doesn’t deserve it better. Stupid ass rentards are being fleeced. Bwahahahahahah!!!!</I><BR/><BR/>Anybody want to take a guess as to how small Blowfly's penis is?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-10410744381603933332008-03-06T06:38:00.000+00:002008-03-06T06:38:00.000+00:00Unrealtors®:Now is a bad time to lie.Like property...Unrealtors®:<BR/>Now is a bad time to lie.<BR/><BR/>Like property disclosures.<BR/>Like "bank addendum as-is"<BR/>....... for non-REO's.<BR/>Like what a REO really is.<BR/>Like buyer incentives.<BR/>Like kickbacks/bribes.<BR/>Like crime rates.<BR/>Like inspections.<BR/>Like costs at closing.<BR/>Like flood history.<BR/>Like price trends.<BR/>Like correction permits.<BR/>Like relistings.<BR/>Like vacancy duration.<BR/>Like buyer-seller agency.<BR/>Like appraisals.<BR/>Like a meth lab.<BR/>Like schools.<BR/>Like some other offer.<BR/>Like the 12 pages of fine print.edd brownehttps://www.blogger.com/profile/08825894326281481673noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-40170285847040956812008-03-06T02:46:00.000+00:002008-03-06T02:46:00.000+00:00Two derivatives traders from Key Bank spoke in my ...Two derivatives traders from Key Bank spoke in my accounting policy class tonight. During the Q&A I asked them about how they think the residential mortgage backed securities market will shake out (Key has very little exposure in this area) and they just shrugged and laughed...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-4699589559541675602008-03-06T00:11:00.000+00:002008-03-06T00:11:00.000+00:00KEITH, I REALLY HOPE YOU LISTEN TO THE RADIO PROGR...KEITH, I REALLY HOPE YOU LISTEN TO THE RADIO PROGREAM THAT I AM GOING TO TRY AND GIVE YOU ALL THE RIGHT INFORMATION TO GET TO. TODAY, MARCH 5, 2008, THEY INTERVIEWED WILLIAM POOLE, THE OUTGOING GOVERNOR OF THE ST. LOUIS CHAPTER OF THE FEDERAL RESERVE BANK. IT WAS ON NATIONAL PUBLIC RADIO SHOW BASED OUT OF ST. LOIUS CALLED "ST. LOUIS ON THE AIR". THE WEBSITE IS www.kwmu.org/programs/slota/archive (March 5, 2008). Another way to get ther is go to www.npr.com and put in St. Louis 90.7FM and go to "Programs" and scroll down to 11:am to "St. Louis on the Air" and look for "March 5, 2008 - Federal Reserve" in the archives. This was so telling and zero accountability on his part. Talked about the decline of the dollar and that is not their fault and how the federal reserve did not see the "Sub-Prime' mess coming but neither did the Investors. The callers asked tough questions but not tough enough. I wondered what would happen if some of us HPer's called in, unfortunately I couldn't because of being at work. Please listen to this creepy guy.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74774487306690460192008-03-05T23:23:00.000+00:002008-03-05T23:23:00.000+00:00OOPSIE!My bad, we made a $50BILLION mistake..........OOPSIE!<BR/><BR/>My bad, we made a $50BILLION mistake.........<BR/><BR/>"We made some mistakes," <BR/>-Jamie Dimon, JPMorgan Chase Chairman and CEO<BR/><BR/>http://tinyurl.com/2aqemdAnonymousnoreply@blogger.com