tag:blogger.com,1999:blog-18675105.post2753951589736462497..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: I cannot f*cking believe what I'm hearing. Jim Cramer now tells Americans to default on their mortgages and rent. Seriously, it's getting that bad.bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger122125tag:blogger.com,1999:blog-18675105.post-70145017121036443212007-08-02T19:05:00.000+01:002007-08-02T19:05:00.000+01:00After their 7-year break and credit is clear again...After their 7-year break and credit is clear again --those who walked away will then be right on time for buying another home at a cheaper price.dollarfrayhttps://www.blogger.com/profile/05519469877109681088noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-86854877275180691672007-08-01T23:41:00.000+01:002007-08-01T23:41:00.000+01:00BOO-YAH JIMMY BOY!!!!LOL!!!BOO-YAH JIMMY BOY!!!!<BR/><BR/>LOL!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-70726072915056958452007-08-01T23:39:00.000+01:002007-08-01T23:39:00.000+01:00ROFLMFAO!!PLOW IT UNDER!!PLOW IT UNDER!!BETTER THA...ROFLMFAO!!<BR/><BR/>PLOW IT UNDER!!<BR/>PLOW IT UNDER!!<BR/><BR/><BR/>BETTER THAT THAN HIS IDEA OF FDR SUBSIDIES TO ALL THE UNDER WATER HOME OWNERS!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32098892082609203542007-08-01T20:11:00.000+01:002007-08-01T20:11:00.000+01:00had to happen in order to prepare the central gove...had to happen in order to prepare the central governments ability to have a use for the sheeple in the midst of the depression2 by making mining and manufacturing of affordable housing and transports as projects to occupy the renagade and angry masses while they consolidate their power and control of the continentAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-2906787981183990762007-08-01T17:25:00.000+01:002007-08-01T17:25:00.000+01:00Everyone's opinions are wonderful. But the bottom ...Everyone's opinions are wonderful. But the bottom line is, what does Kendra think?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-54181242847688244402007-08-01T17:16:00.000+01:002007-08-01T17:16:00.000+01:00reading this blog from far outside US and all the ...reading this blog from far outside US and all the mediahype about this man, i wonder how one man can have such a power over someones mind<BR/>he seems to be your god or your devil <BR/>but you like those kind of people i<BR/>thinkAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-64595192675120684372007-08-01T15:10:00.000+01:002007-08-01T15:10:00.000+01:00Anon said:"I saw cramer on his show ( not just tha...Anon said:"I saw cramer on his show ( not just that video) late yesterday afternoon. He was also advising to pay up on your insurance and burn you house down, especially if you were in certain ( I don't remember specificaly) california towns. I would assume the insurance industry may have had something to do with pulling the video". <BR/><BR/>LauraVella said: After what I heard coming out of jimbo's mouth yesterday, I know you are tell the truth.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-86592936793031056842007-08-01T15:06:00.000+01:002007-08-01T15:06:00.000+01:00Anon said:"they will take you to court and then if...Anon said:"they will take you to court and then if you don't show up, etc, they will get a summary judgement without prejudice on you and this stays on your credit for ten years minimum and messes it up forever, really........because at the end of the ten years they can go to court and have the time exteneded another ten years....and this is also with interest accumulating on the principal......"<BR/><BR/><BR/>LauraV said: Sounds like today's FB homeowners are really screwed. What happens to all the 70+% of mostly I/O home loans going into default? How can banks/mortgage companies handle the magnitude of forclosures coming their way? <BR/><BR/>Who the heloc is going to buy all these homes in 2-10 years from now...if every previous FB can never buy another house using credit?<BR/><BR/>This is a big problem.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-89847098647519838982007-08-01T13:41:00.000+01:002007-08-01T13:41:00.000+01:00Kramer, CNBC and the MSM know that sh*t's about to...Kramer, CNBC and the MSM know that sh*t's about to REALLY hit the fan. They'll then claim that they were "on top of this", despite years of worship at the REIC alter.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-42666600389064498032007-08-01T13:21:00.000+01:002007-08-01T13:21:00.000+01:00my oh my you mental midgets amaze me evry day. He ...my oh my you mental midgets amaze me evry day. He clearly stated on Monday's show that he personally does not think this will happen. He said it about 10 times. He said he was giving the bear argument but repeatedly said that it IS NOT HIS PERSONAL OPINION.<BR/><BR/>It could not be any more clear to anyone with an IQ over 45.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74382386611632375952007-08-01T13:16:00.000+01:002007-08-01T13:16:00.000+01:00IT's CRAMER not KRAMER morons, this isn't a Seinfe...IT's CRAMER not KRAMER morons, this isn't a Seinfeld blogAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-34564388612532380452007-08-01T12:34:00.000+01:002007-08-01T12:34:00.000+01:00Cramer looked like he was in a hostage videoCramer looked like he was in a hostage videoAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-38341613601556629802007-08-01T07:54:00.000+01:002007-08-01T07:54:00.000+01:00Even better idea for Cramer would be to recommend ...Even better idea for Cramer would be to recommend people go out and get as many loans as they can - borrow MILLIONS (thank you IndyMac liar's loans), find some corrupt appraisers and realtors, then do cash-back-at-close deals, take the cash and move it to unmarked Swiss bank accounts, and THEN walk away from the homes.<BR/><BR/>I mean, if you're going to have no ethics and morals, might as well take it all the way.<BR/><BR/>And guess what - you'll never get caught. There's nobody minding the store.<BR/><BR/>Just ask Casey Serin.bloggerhttps://www.blogger.com/profile/06585266242070350399noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-73234514821634932292007-08-01T07:35:00.000+01:002007-08-01T07:35:00.000+01:00What Cramer said makes financial sense. Declare b...What Cramer said makes financial sense. Declare bankruptcy now and you credit is clear again in 7 years.... <BR/><BR/>If you are underwater in your house now, with little or no possibility of that changing in the next 7 years, the only sensible thing to do, is to go bankrupt. Start the clock ticking sooner, rather than later.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-68671816655924403302007-08-01T07:16:00.000+01:002007-08-01T07:16:00.000+01:00RE Investor:there will be no renting bubble, as th...RE Investor:<BR/><BR/>there will be no renting bubble, as the excess inventory will keep the prices in line with demand.<BR/><BR/>unlike the housing market, the rental market is driven strictly by supply and demand, and right now supply vastly exceeds demand. <BR/><BR/>i imagine it will be the owners who are lining up to rent their homes.Andrewhttps://www.blogger.com/profile/09826458064312576054noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-49781758984315310682007-08-01T06:56:00.000+01:002007-08-01T06:56:00.000+01:00The Thinker said... Strangely enough, in many juri...The Thinker said... <BR/>Strangely enough, in many jurisdictions you can be sued for encouraging someone to breach their contract, it's called, "Tortious interference." But I would assume as a journalist, he would be protected by the First Amendment, or at least he would have. <BR/><BR/>I concur. He can not be sued for tortious interference because that requires interference with a specific contract between specific individuals. Maybe that is what you meant when you said "encouraging someone" but your reasoning regarding the First Amend. didn't logically follow. If that was so, most of us here could be in trouble for tortious interference for saying AHM is poo-poo. <BR/><BR/>Just thought I would clarify. With all the heavy lawsuits flying around on insider trading I think this is important to know. <BR/><BR/>Further, that little legal disclaimer on his website (as well as the one before and after his shows)means you should consider him no more than your personal amusement. <BR/>So in that vain. . . <BR/>DANCE MONKEY--DANCE!JJhttps://www.blogger.com/profile/13773611134979169802noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61524923976784636472007-08-01T06:43:00.000+01:002007-08-01T06:43:00.000+01:00"Millions of unwanted unneeded homes that will be ..."Millions of unwanted unneeded homes that will be rented out by desperate investors and homedebtors"<BR/><BR/>-----------------------<BR/><BR/>Don't get me wrong, for I would love that to happen, but I don't think it will. Those unwanted homes will most likely sit empty, a total waste of space and capital. Rents may fall (Allah be praised) but the above probably won't be as great a factor in it.TMhttps://www.blogger.com/profile/16972726941993291842noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-69836702503293539332007-08-01T06:17:00.000+01:002007-08-01T06:17:00.000+01:00Cramer is the only one in the media who will tell ...Cramer is the only one in the media who will tell you the truth.<BR/><BR/>Don't listen if you don't want to hear it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-25158433607776946062007-08-01T06:14:00.000+01:002007-08-01T06:14:00.000+01:00I had a $10 strike put option on that sucker so I ...I had a $10 strike put option on that sucker so I was happy.<BR/><BR/>I got some on IMB and ANH. I'm hoping for another harvest tomorrow.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-17166107853313446372007-08-01T06:13:00.000+01:002007-08-01T06:13:00.000+01:00By the way, it's Cramer, not Kramer.By the way, it's Cramer, not Kramer.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-60870965642981706512007-08-01T06:10:00.000+01:002007-08-01T06:10:00.000+01:00Booyah home owners!I agree with Jim. Credit is goi...Booyah home owners!<BR/><BR/>I agree with Jim. Credit is going to go sky high anyway soon so what if you get a default or bankruptcy on your record. You were too stupid to be borrowing anyway so you're doing yourself a good one.<BR/><BR/>Hey Keith, how about a new byline:<BR/><BR/>"Harvest time for the bubble waiters". Or something similar.<BR/><BR/>I live in the Inland Empire, up in the mountains above it actually, but I bought at the very bottom so I'm not afraid!<BR/><BR/>I can't wait to go out and play "pick your house" in what will become a house graveyard in the next few years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-17314090299067976162007-08-01T05:52:00.000+01:002007-08-01T05:52:00.000+01:00copied from HousingDoomWhen I hear stuff like this...copied from HousingDoom<BR/><BR/>When I hear stuff like this, I immediately run in and re-read 2 Timothy 3 : 1-4.<BR/><BR/>Does this ring a bell with the "walk away" mentality?<BR/><BR/>Perilous Times and Perilous Men<BR/><BR/>1 But know this, that in the last days perilous times will come: <BR/><BR/>2 For men will be lovers of themselves, lovers of money, boasters, proud, blasphemers, disobedient to parents, unthankful, unholy, <BR/><BR/>3 unloving, unforgiving, slanderers, without self-control, brutal, despisers of good, <BR/><BR/>4 traitors, headstrong, haughty, lovers of pleasure rather than lovers of God,<BR/>5 having a form of godliness but denying its power. And from such people turn away!<BR/><BR/>Cramer summed it all up in just one line: “Just walk away.”<BR/><BR/>Makes me wonder… How does he regard the other commitments and promises he’s made?<BR/>(wife, employees, peers, investors, others?)<BR/><BR/>I don’t know this Cramer from the one on Seinfeld… but wholesale societal acceptance of this sort of stuff is a great sign for those waiting for Christ's return!!!<BR/><BR/>(I'm not trying to threadjack this, so don't start a flame war and get all lathered up. Take it... or just leave it alone. As with all things of God, the choice is yours alone. :-)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-50028804665061990912007-08-01T05:23:00.000+01:002007-08-01T05:23:00.000+01:00Out of control! Blood on the street...I have NEVER...Out of control! Blood on the street...<BR/><BR/>I have NEVER seen cramer talk like this!!!!!<BR/><BR/>He was depressed, sullen, distraught! <BR/><BR/>He said he "sold all his positions" and encouraged people to "stop buying real estate" and "get out if they could now" he says leave the banks on the hook??<BR/><BR/>Cramerica must be reading the blogs as is every other news outlet because if they don't follow the independent media's truth as it is being correctly observed and reported without any conflicts of interest, otherwise they loose their "street cred".<BR/><BR/>Way to be on top of the game Mr. Keith!!!!!!<BR/><BR/>Maybe the MSM will pay you for your insights into "the market" instead of relying on Maria (I get free flight trips and perks from citibank)or anyone else with a leveraged position with skin in the game.benevolentstranger.blogspot.comhttps://www.blogger.com/profile/12719575046057478265noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-72585519061972781472007-08-01T05:16:00.000+01:002007-08-01T05:16:00.000+01:00If Cramer says it time to get out it must be about...If Cramer says it time to get out it must be about time to get back in.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-89431219324653281972007-08-01T05:12:00.000+01:002007-08-01T05:12:00.000+01:00Knock at the door... Sherriff's department: "Evic...Knock at the door... <BR/><BR/>Sherriff's department: "Eviction notice... gotta get out... you should have done what Jim Cramer told ya... you should have walked away."Anonymousnoreply@blogger.com