tag:blogger.com,1999:blog-18675105.post3587223637571482447..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: CNN on Alt-A "Liar Loans" - "All that nutty stuff is going to disappear"bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger33125tag:blogger.com,1999:blog-18675105.post-53264886228549538102007-03-24T04:03:00.000+00:002007-03-24T04:03:00.000+00:00Republicans control New Orleans ideology? LMAO The...Republicans control New Orleans ideology? LMAO <BR/><BR/>The city is 90% Democrat Talibans, you filthy ignorant leftardAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-33569837667316024782007-03-23T18:30:00.000+00:002007-03-23T18:30:00.000+00:007 Fed Guv positions.Two are currently vacant (well...7 Fed Guv positions.<BR/><BR/>Two are currently vacant (well, will be 2 since Bies resigned effective end of March - did not attend this FOMC)<BR/><BR/>All presently on Board including Bernanke are Bush nominees. Would appear that remaining two vacancies will be filled with Bush nominees as well.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-3777561396265005852007-03-23T17:47:00.000+00:002007-03-23T17:47:00.000+00:00"Uncle Ben ain't the one to blame here. He got lef..."Uncle Ben ain't the one to blame here. He got left holding Alan's bag."<BR/><BR/>It's a mystery to me why he took that job. Don't imagine that he's dumb enough to believe the crap he spews for public consumption. He knows how this Ponzi system works and that the baton Greenspan handed him was actually a sizzling stick of dynamite.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-32595927743715469542007-03-23T13:11:00.000+00:002007-03-23T13:11:00.000+00:00"If you took it down before (which was the respect..."If you took it down before (which was the respectful decision), why are you allowing it now???<BR/><BR/>Would you let this jerk tell this story in front of your wife, your daughter?? You'd know what was driving the choice of analogy, and no doubt you'd stop it. That's what grown men still do."<BR/><BR/>I am not a Jerk. I am a very wealthy and tan individual.<BR/><BR/>AngeloAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1157960354038923072007-03-23T06:50:00.000+00:002007-03-23T06:50:00.000+00:00The solution to frivolous bankruptcy is to impleme...The solution to frivolous bankruptcy is to implement mandatory organ donation.<BR/><BR/>You default, you owe 2 organs. Whatever is low this month. Kidneys and testicles (or ovaries but not old shriveled ones) are popular because you have two of them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-10526895067594751232007-03-23T04:14:00.000+00:002007-03-23T04:14:00.000+00:00They should get their mayor to park the school bus...<I>They should get their mayor to park the school buses on higher ground and draw up evacuation plans.</I><BR/><BR/>Argh, more Fox Newz memes infecting rational thought.<BR/><BR/>1) Thanks to Republican ideology, those N.O. school buses were PRIVATELY OWNED thanks to the outsourcing ideology of Republican Taliban. The city didn't have the buses or the keys and the drivers had all left the city. Why didn't the invisible hand of the glorious free market step up and do the right thing?<BR/><BR/>2) The city did have evacuation plans. The plans said for people who had no other choice to go to the Superdome because that was the highest ground. D'oh! And from there FEMA would take people out, because that was their job and agreed in the plan.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-64693858240734184252007-03-23T02:28:00.000+00:002007-03-23T02:28:00.000+00:00Fed Says It Could Have Acted Sooner on Subprime Ro...Fed Says It Could Have Acted Sooner on Subprime Rout<BR/><BR/>http://tinyurl.com/35r2zd<BR/><BR/>I can't focking believe this. I'm not seeing that idiot Alan Greenspan's name anywhere. He's like some sacred cow that no one will touch.<BR/><BR/>Time to make hamburger I say. Uncle Ben ain't the one to blame here. He got left holding Alan's bag.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-81586737804213799212007-03-23T02:25:00.000+00:002007-03-23T02:25:00.000+00:00Yeah. Give the bubble buyers lower interest rates....Yeah. <BR/><BR/>Give the bubble buyers lower interest rates. Keep them holding an asset that will have lost half its value before this is over. For most California homes that's 250,000.<BR/><BR/>The more you try to help people, the worse you screw them up. <BR/><BR/>No, really. What these people need a short, sharp shock to wake them up. What's wrong with foreclosure and moving back to the apartment they came from. What? They now DESERVE a house?<BR/><BR/>This isn't Scooby Doo. It's real life.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-5553885011982769352007-03-23T02:22:00.000+00:002007-03-23T02:22:00.000+00:00I got about 20 April puts on the lenders.I hope I'...I got about 20 April puts on the lenders.<BR/><BR/>I hope I'm right.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-22711551042798226042007-03-23T00:55:00.000+00:002007-03-23T00:55:00.000+00:00Anonymous said... "Congress is making noises about...Anonymous said... <BR/>"Congress is making noises about doing something to help homeowners"<BR/><BR/>"That's all they'll do, make noises."<BR/><BR/>Motorcycle, as we used to say.<BR/><BR/>............<BR/><BR/>HA!<BR/><BR/>An old FC tard!<BR/><BR/>Mook says hi!<BR/><BR/>Seriously though these guys are hosed wheter uncle $cam tries to 'help' or not.<BR/><BR/>I hear land in Japan finally stop falling in value and rose a whopping .1% last year.<BR/><BR/>http://www.ft.com/cms/s/1e2d1226-d862-11db-a759-000b5df10621.html<BR/><BR/>That's after 15 years of close to 0% intrest rates.<BR/><BR/>It looks something like this:<BR/><BR/>http://www.idorfman.com/Charts/Japan_Land.jpgAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-26926009372167833002007-03-23T00:54:00.000+00:002007-03-23T00:54:00.000+00:00look Mt Fuji!http://www.idorfman.com/Charts/Japan_...look Mt Fuji!<BR/><BR/>http://www.idorfman.com/Charts/Japan_Land.jpgAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-2121344355308476502007-03-23T00:02:00.000+00:002007-03-23T00:02:00.000+00:00Uh oh, looks like we have a new magazine cover.......Uh oh, looks like we have a new magazine cover....<BR/><BR/>http://www.economist.com/images/20070324/20070324issuecovUS160.jpgAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-18322434272161123692007-03-22T23:22:00.000+00:002007-03-22T23:22:00.000+00:00Fed Says It Could Have Acted Sooner on Subprime Ro...Fed Says It Could Have Acted Sooner on Subprime Rout<BR/><BR/>http://tinyurl.com/35r2zd<BR/><BR/>-----------------------------------<BR/><BR/>Really?!? Ya <I>think</I>, guys?!?az_mtbhttps://www.blogger.com/profile/04620444887442473071noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-66772297843415927892007-03-22T23:21:00.000+00:002007-03-22T23:21:00.000+00:00"Congress is making noises about doing something t..."Congress is making noises about doing something to help homeowners"<BR/><BR/>"That's all they'll do, make noises."<BR/><BR/>Motorcycle, as we used to say.<BR/><BR/>Remember when Shrub got on TV to say that the government would be paying for the Hurricane Katrina cleanup?<BR/><BR/>Find Sep '05 on this chart and notice what happened afterward.<BR/>http://kitco.com/scripts/hist_charts/yearly_graphs.plx<BR/><BR/>Why? Because everyone knows they don't have the money to cover these grandiose promises, and their only recourse is to fire up the printing presses.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-17939628857547636482007-03-22T20:50:00.000+00:002007-03-22T20:50:00.000+00:00Casey Serin goes global.http://www.economist.com/f...Casey Serin goes global.<BR/><BR/>http://www.economist.com/finance/displayStory.cfm?story_id=8885853Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-23931665025593513852007-03-22T20:36:00.000+00:002007-03-22T20:36:00.000+00:00http://www.nationalcity.com/corporate/EconomicInsi...http://www.nationalcity.com/corporate/EconomicInsight/HousingValuation/default.asp?WT.mc_id=100206<BR/><BR/><BR/>Map with housing data and historical pricing.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-87554992432531715332007-03-22T20:32:00.000+00:002007-03-22T20:32:00.000+00:00FlyingMonkeyWarrior said... Keith, remember tha...FlyingMonkeyWarrior said...<BR/><BR/> Keith, remember that post of mine that you took down about the well hung gorilla and the porno queen who kept baiting him to do her in an "alternative fashion" shall we say? Then, the gorilla gets up to speed and she starts to recognize that this might be a little more than she initially bargained for and wants to back out of the deal but the gorilla's got other thoughts and nobody is going anywhere until he finishes? Using that ANALogy, Where do you suppose we are on that scale?<BR/> +++++++++++++<BR/><BR/> Now I know why you are posting as an anon.<BR/>----------------------<BR/>I lol'dAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-5669862855683623022007-03-22T20:14:00.000+00:002007-03-22T20:14:00.000+00:00so should we be looking into indymac as a good put...so should we be looking into indymac as a good put or short?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-48040830599684240272007-03-22T19:00:00.000+00:002007-03-22T19:00:00.000+00:00It's not just a problem in sub-prime. If people c...It's not just a problem in sub-prime. If people can't afford homes at the bottom then homes at the top are going to lose value and potentially be up-side-down. <BR/><BR/>The values at the top are only at the top because of people driving the price up at the bottom.<BR/><BR/>The debt on foreclosures in the early 1990s were no where near the debt being foreclosed on now. Check out foreclosure.com and type in a zip code.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-89714131221238202152007-03-22T18:15:00.000+00:002007-03-22T18:15:00.000+00:00If you took it down before (which was the respectf...If you took it down before (which was the respectful decision), why are you allowing it now???<BR/><BR/>Would you let this jerk tell this story in front of your wife, your daughter?? You'd know what was driving the choice of analogy, and no doubt you'd stop it. That's what grown men still do.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-30683718621316171762007-03-22T18:14:00.000+00:002007-03-22T18:14:00.000+00:00http://www.economist.com/finance/displaystory.cfm?...http://www.economist.com/finance/displaystory.cfm?story_id=8885853<BR/><BR/>Kieth,<BR/><BR/>Casey made the economist!Metroplexualhttps://www.blogger.com/profile/14292504988481464302noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-33180144115890715382007-03-22T18:12:00.000+00:002007-03-22T18:12:00.000+00:00anon said: The solution to "liar loans" is to set ...anon said: The solution to "liar loans" is to set up debtor's prisons, like in the old days.<BR/><BR/><BR/>Guess what? Haliburton subsidiary KBR was contracted to build huge detention camps...<BR/><BR/>http://tinyurl.com/292upwAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-74581201323912168472007-03-22T18:00:00.000+00:002007-03-22T18:00:00.000+00:00"The solution to "liar loans" is to set up debtor'..."The solution to "liar loans" is to set up debtor's prisons, like in the old days."<BR/><BR/>Well, we don't put people in jail for being insolvent but we do jail people for fraud.<BR/><BR/>See the bottom part of the mortgage application form 1003 with the heading "Certification".<BR/><BR/>The IRS just made it a lot more easy (and profitable) to blow the whistle on tax cheats. I wonder if there is any connection to their contracting in 2006 with three private collection agencies for the collection of delinquent taxes less than $25,000? ....Nnaaah! just pure coincidence.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1190229849959005232007-03-22T17:55:00.000+00:002007-03-22T17:55:00.000+00:00"Now I know why you are posting as an anon."I'm no..."Now I know why you are posting as an anon."<BR/><BR/>I'm not an anon.<BR/><BR/>AngeloAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53500677791485125422007-03-22T17:52:00.000+00:002007-03-22T17:52:00.000+00:00That issue of bailing out subprime borrowers needs...That issue of bailing out subprime borrowers needs to stay on the front-burner. We need to fight that tooth and nail.<BR/><BR/>I pay taxes. This is my money they are talking about giving to subprime borrowers. Instead of spending my money on care for kids with leukemia or MS research, they are giving it to lazy, greedy, stupid people who overborrowed and overpaid for homes. These people are the reason (among others) why prices increased and why I can't afford to own a decent home. And now you want me to bail them out??<BR/><BR/>We can't let them do this to us.Paul E. Mathhttps://www.blogger.com/profile/03719759088047080921noreply@blogger.com