tag:blogger.com,1999:blog-18675105.post3049015188263400781..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: Time to revisit Deloitte Research and Carl Steidtmann, he of "The Housing Bubble Myth" fame, who called bubble blogs "bubble heads" and "idiots"bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-18675105.post-13782474534742910202008-02-04T22:18:00.000+00:002008-02-04T22:18:00.000+00:00Is that Satan?Is that Satan?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-90769542837483028502008-02-04T18:17:00.000+00:002008-02-04T18:17:00.000+00:00Speaking of bubbles...Mortgage rates finally fell ...Speaking of bubbles...Mortgage rates finally fell last week after all of Uncle Bens cuts...Our local credit union dropped from 6% to 5 1/2% for a fixed /15 year note. problem is that house values are still tanking so what good does it do?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-76812308518280679592008-02-04T07:19:00.000+00:002008-02-04T07:19:00.000+00:00There used to be an old joke about the purpose of ...There used to be an old joke about the purpose of economists is to make astrologers look good. Now astrologers are looking, by comparison, like geniuses!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-78939053532666442992008-02-04T06:03:00.000+00:002008-02-04T06:03:00.000+00:00They're saying the same thing about the stock mark...They're saying the same thing about the stock market again. It's not in trouble, the fed have restored stability and confidence and "this time it will be different!"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-38985237521057145522008-02-04T03:30:00.000+00:002008-02-04T03:30:00.000+00:00"Perfect timing - Carl perhaps hit the very tippy ..."Perfect timing - Carl perhaps hit the very tippy top of the housing bubble."<BR/><BR/>____________________________________<BR/><BR/><BR/>...and Jamie Westenhiser [Playboy, May 2005] hit the tippy top of US housing starts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-82262418190655693042008-02-04T02:21:00.000+00:002008-02-04T02:21:00.000+00:00Ah, now when I ask myself, "Who are the douchebags...Ah, now when I ask myself, "Who are the douchebags that justified these shady housing investment arrangements to begin with?" I can now put another name and face to that question.whitetowerhttps://www.blogger.com/profile/09031401908749545680noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-6205057866987228092008-02-03T21:13:00.000+00:002008-02-03T21:13:00.000+00:00BAAHWHHWAHAHAHAHAHAAABAAAAAAAHHHAHAHAHAHAHAHAHAAHA...BAAHWHHWAHAHAHAHAHAAA<BR/><BR/><BR/>BAAAAAAAHHHAHAHAHAHAHAHAHA<BR/><BR/><BR/>AHAHAHAHAHAAAAAA<BR/><BR/>oh man, stop! that guy is killing me!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-14320137257794598682008-02-03T21:08:00.000+00:002008-02-03T21:08:00.000+00:00Intelligence and truth are not valued commodities ...Intelligence and truth are not valued commodities in America today so bunko artists like this guy can make a very comfortable living for himself.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-11849515378947048442008-02-03T20:01:00.000+00:002008-02-03T20:01:00.000+00:00In proper functioning economies, such guys lose th...In proper functioning economies, such guys lose their jobs and people going for their advise lose money.<BR/><BR/>Those with their own brain survive by seeing the crap far in advance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-26436496854823501312008-02-03T19:16:00.000+00:002008-02-03T19:16:00.000+00:00.GEEZ, that guy looks like a mass murderer!..<BR/><BR/><BR/>GEEZ, that guy looks like a mass murderer!<BR/><BR/><BR/>.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-48399444018867213762008-02-03T17:51:00.000+00:002008-02-03T17:51:00.000+00:00Hey, everyone can make a mistake or a bad call. I'...Hey, everyone can make a mistake or a bad call. I've made plenty of doozies. But then again, I'm not the Chief Economist for a "respected" auditing and research firm.<BR/><BR/><BR/><BR/>whatever, this guy's firm cooks books or atleast looks away while the exec's cook the books of major companies hiding thier real value from the shareholders. If lawyers reaside on the 9th plain of hell, auditors are on 8!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-45130602310443151372008-02-03T17:50:00.000+00:002008-02-03T17:50:00.000+00:00That's not Carl Steidtmann, that's Uncle Fester.That's not Carl Steidtmann, that's Uncle Fester.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-87213815464765183602008-02-03T17:33:00.000+00:002008-02-03T17:33:00.000+00:00I like the line:"undergoing profound changes"Trans...I like the line:<BR/>"undergoing profound changes"<BR/>Translate into:<BR/>IT'S DIFFERENT THIS TIME!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-26391347647758186392008-02-03T17:13:00.000+00:002008-02-03T17:13:00.000+00:00This guy looks like a child molestor.This guy looks like a child molestor.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-47579210841999001142008-02-03T16:46:00.000+00:002008-02-03T16:46:00.000+00:00On second thought, I'd like to start the Pro-Am 20...On second thought, I'd like to start the Pro-Am 2007 golf tournament using Carl's head as the golf ball.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-3175162385199841322008-02-03T16:04:00.000+00:002008-02-03T16:04:00.000+00:00Carl looks like a shady character.Perhaps a bat?I ...Carl looks like a shady character.<BR/><BR/>Perhaps a bat?<BR/><BR/>I want to pull his ears and say, "squeeel like a little piggy! SQUEEEEK!"<BR/><BR/>I want Mozillo and this bat to share a jail cell and really get to know each other.<BR/><BR/>My kittys want them to eat vittles.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-78774139522895507552008-02-03T15:44:00.000+00:002008-02-03T15:44:00.000+00:00Economist? That's just a made up word so someone c...Economist? That's just a made up word so someone can have a job.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74467122094298197192008-02-03T12:16:00.000+00:002008-02-03T12:16:00.000+00:00Now your talking! Where were the audit firms? Fo...Now your talking! Where were the audit firms? Follow the money.... They failed (did not exercise ANY oversight - or worse the Partnership deliberately, with malice aforethought, aided the banks, brokers, NAR in the greatest crime in history). <BR/><BR/>When the history of this sorry mess is written (By the Chinese in 100 - 200 years as a postscript to Pax Americana) we will have sold ourselves, our mothers, and our children into slavery. In less politically correct cultures - criminals such as the folks who did this - would be put on public trial, condemned, and taken from court to be hung. Their property and all assets confiscated, their "pimp my ride" wives tossed out on the street with their Ipod sucking bastards so that the polity could see what happens to criminals who betray the public trust. <BR/><BR/>This "fair, sensible, and sane" treatment apply for our "bought and paid for representatives" who "look the other way - at best, or aided and abetted the plundering of the public trust by restraining/constraining the oversight bodies that were in place to prevent these types of activities.<BR/><BR/>We should all be asking ourselves - how much did our Congressional and Senatorial hacks get for repealing Glass-Stegall!<BR/><BR/>Follow the Money the Cancerman said....<BR/><BR/>Wake up folks! The truth is not only out there but could not be any more obvious!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-36188094700583234692008-02-03T10:02:00.000+00:002008-02-03T10:02:00.000+00:00Housing Bubble Hall of Shamehttp://realestaterecor...Housing Bubble Hall of Shame<BR/><BR/>http://realestaterecord.blogspot.com/<BR/><BR/>Enjoy!bloggerhttps://www.blogger.com/profile/06585266242070350399noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-50544813318523097212008-02-03T09:57:00.000+00:002008-02-03T09:57:00.000+00:00I have a name for people like this:JUDAS ECONOMIST...I have a name for people like this:<BR/><BR/>JUDAS ECONOMISTS!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61252944278778920072008-02-03T09:45:00.000+00:002008-02-03T09:45:00.000+00:00Hey Keith - why not create a "Wall of Shame" colle...Hey Keith - why not create a "Wall of Shame" collection of the top-20 bubble blowing pundit idiots of the past 5 years. Greenspan, Steidtmann, Tom Adkins etc. etc. with selected quotes and track records of disinformation. I'm sure we can all contribute with research. Then vote and rank.<BR/><BR/>The public must be warned to fully disregard any opinion or advice from this discredited bunch of quacks. Lessons must be documented for the benefit of future generations.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74348487641076978582008-02-03T08:56:00.000+00:002008-02-03T08:56:00.000+00:00Wonder how much business the REIC gives Deloitte?Wonder how much business the REIC gives Deloitte?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-49176086425587559852008-02-03T08:42:00.000+00:002008-02-03T08:42:00.000+00:00This, combined with the NAR, really raises eyebrow...This, combined with the NAR, really raises eyebrows about the credibility of the "Chief Economist" title in *ANY* organization!Frank Rhttps://www.blogger.com/profile/07625929422222490759noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-49624041396821111702008-02-03T08:23:00.000+00:002008-02-03T08:23:00.000+00:00Hi Carl,Cat got yor tongue? oh wait...http://www.p...Hi Carl,<BR/><BR/>Cat got yor tongue? oh wait...<BR/><BR/>http://www.prosoundweb.com/fun/Photofun/76-headupass.shtmlAnonymousnoreply@blogger.com