tag:blogger.com,1999:blog-18675105.post4423774925311629282..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: Home prices are crashing. Stocks are crashing. Layoffs are soaring. Inflation is roaring. The dollar is tanking. How those approval ratings now?bloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger69125tag:blogger.com,1999:blog-18675105.post-41340052486092644522008-01-17T03:56:00.000+00:002008-01-17T03:56:00.000+00:00Anonymous said... I do NOT want to be limited to a...Anonymous said... <BR/>I do NOT want to be limited to a choice between a Dem and a Rep this November. In my lifetime I've never seen a better opportunity for a centrist Independent candidate.<BR/><BR/>This is the year. And if Bloomberg doesn't run I hope someone else credible does<BR/>---------------------------------<BR/><BR/>yea, that is what I thought in 92. What happened was RP enabled clinton to win with something like 38% of the popular vote.<BR/><BR/>January 16, 2008 1:05 AM<BR/><BR/>++++++++++++++++++++++<BR/><BR/>And Perot was actually the best option. If more people voted for the best candidate, rather than one that the media tell them can win, a well-funded independent could get elected -- especially now.<BR/><BR/>The problem is that Bloomberg appears to be in favor of illegal immigration and so-called "free" trade. As I recall, Perot was for balancing the budget and against NAFTA.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-8778504573686942672008-01-16T17:43:00.000+00:002008-01-16T17:43:00.000+00:00I listened to NPR this morning about how Michigan ...I listened to NPR this morning about how Michigan is suffering badly and then how they voted republican in the last 4 elections. All those "Reagan democrats" who left the party because Reagan promised them unending prosperity if they elected him and he cut off all those pesky poor people. Now all their cushy union jobs are GONE and they're f*cked.<BR/>---------------------------------<BR/>They truly got what they deserved.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-91348421458546453162008-01-16T15:20:00.000+00:002008-01-16T15:20:00.000+00:00Jimmy Carter was corrupt?Never heard that one befo...Jimmy Carter was corrupt?<BR/><BR/>Never heard that one before.<BR/><BR/>Maybe he was not a good leader, and thus incompetent as a leader, but at least he isn't stupid as a door knob.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-4639634967688645282008-01-16T12:13:00.000+00:002008-01-16T12:13:00.000+00:00"But when have we had a President so corrupt and i..."But when have we had a President so corrupt and incompetent?"<BR/><BR/>See Carter, JimmyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-3692824176325728542008-01-16T09:13:00.000+00:002008-01-16T09:13:00.000+00:00who is really hurt by the subprime explosion, not ...who is really hurt by the subprime explosion, not the borrowers who lose the house-they never put anything down and already had bad credit. i'm thinking all with all this easy credit, the smart ones are the ones livin large on banks money. huge homes with small 2-5 year below market rates, household equity withdrawel ATM machine, credit card crazed consumer. what do i get by being responsible...well nothing, but possible economic collapse. i'm thinking i'm a fool by being responsible and not joinin in on the free for all mentality of Americans! $4 gas, what the hell drive the SUV and just charge it, the SUV and THE GAS! WE DESERVE A DEPRESSION!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-78887684920190211802008-01-16T06:13:00.000+00:002008-01-16T06:13:00.000+00:00it's as if we've never had a recession or an unpop...<I>it's as if we've never had a recession or an unpopular president before</I><BR/><BR/>But when have we had a President so corrupt and incompetent?<BR/><BR/>History is not going to be kind to Bush, just as Bush has not been kind to history.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-83342617994136317242008-01-16T05:10:00.000+00:002008-01-16T05:10:00.000+00:00Northern Rock is history.http://tinyurl.com/2kp32...Northern Rock is history.<BR/><BR/>http://tinyurl.com/2kp32f<BR/><BR/>Shoot Straight And Keep Your Powder DryAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-27440295160451057192008-01-16T04:36:00.000+00:002008-01-16T04:36:00.000+00:00In 2008, there will be a brief, but decisive, worl...In 2008, there will be a brief, but decisive, worldwide banking collapse starting in Japan as the yen carry trade unwinds out of control. Corrupt or incompetent banks will cease to trade under their present boards and major shareholders. Particularly vulnerable in this regard are banks such as Northern Rock, Paragon, Bradford & Bingley, Alliance & Leicester, Barclays, Deutsche Bank, Citibank, Morgan Stanley, Bear Stearns, New York Mellon, Credit Suisse, Al Rajhi, Banque Saudi Fransi, Leumi, Hapoalim, Japan Post and Sumitomo MitsuiAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-82801033258247585262008-01-16T02:47:00.000+00:002008-01-16T02:47:00.000+00:00Keith, I hate when you get into to your deeply per...Keith, I hate when you get into to your deeply personal Libertarian "agenda" tyrades. instead of walking in unison towards finding out who will be the best overall for our country. I have as many problems with the Libertarians as I do any other party. And besides that, you aren't in this country anymore, and your agenda always seems purely economical. Do you have feelings on any other issues that mean something. I can't be won over to a party just because someone gets on a soapbox, including you, that generalizes that everyone in "other" parties are wrong or wants to tout that anyone that doesn't agree with you is bad. My desire to observe beyond that is what attracted me to Housing Panic, but when you get into this mode, then I begin to question even this website which I want to believe in so much. Maybe I am just naive.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-65547298102816222392008-01-16T02:46:00.000+00:002008-01-16T02:46:00.000+00:00Anonymous @ 7:47pm wrote:"Quick reminder: Price of...Anonymous @ 7:47pm wrote:<BR/><BR/>"Quick reminder: Price of oil right before you put those two oil men in the White House = $8 / barrel.<BR/><BR/>Price of oil now = $9 / barrel"<BR/><BR/>Ugh. I know you corrected the $9 as a typo, but you forgot to actually look up the price of barrel of oil in the year 2000. (Hint: it wasn't $8/bbl)<BR/><BR/>http://www.oilnergy.com/1onymex.htm<BR/><BR/>Points about inflation, supply, demand, and politics can can all be made without exaggerating the truth.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-70165899760419328522008-01-16T02:27:00.000+00:002008-01-16T02:27:00.000+00:00If there's any proof that limited government is th...<I>If there's any proof that limited government is the way to go then this is it. Which makes the choice for president incredibly simple: Ron Paul. The only candidate committed to defending the Constitution and reigning in the government and the only one who understands the root cause of this economic meltdown!</I><BR/><BR/>Ron Paul would ""trade"" with China without restriction no matter how sleazy they get, and no matter how many high-technology jobs and processes and factories and knowledge get vacuumed away.<BR/><BR/>Ron Paul believes in no restrictions on HMO's screwing you, and no recourse for individuals.<BR/><BR/>Ron Paul believes in doing nothing for the healthcare clusterfuck. <BR/><BR/>Ron Paul would eliminate all US-supported R&D funding; just about the only government programs which really pay off with long-term prosperity. (There would be no high-tech capable PhD level workers without US research funding). <BR/><BR/>He is a Twue Believer of the majic of the free market; that invisible hand which has flipped us the bird.<BR/><BR/>Leninism-Mercantilism is going to win. <BR/><BR/>A gold standard is going to do nothing except ensure that banks will remain insolvent for decades to come. <BR/><BR/>The only upside is that Ron Paul doesn't care about your dick, and he doesn't want to bomb people.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-14334897201365158682008-01-16T01:41:00.000+00:002008-01-16T01:41:00.000+00:00Keith you are anti-American if you support Bloombe...Keith you are anti-American if you support Bloomberg he's a Zionist Jew who supports Israel and not us Americans...I think we've had enough of those neocons under Bush.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-69546714810284436562008-01-16T01:05:00.000+00:002008-01-16T01:05:00.000+00:00I do NOT want to be limited to a choice between a ...I do NOT want to be limited to a choice between a Dem and a Rep this November. In my lifetime I've never seen a better opportunity for a centrist Independent candidate.<BR/><BR/>This is the year. And if Bloomberg doesn't run I hope someone else credible does<BR/>---------------------------------<BR/><BR/>yea, that is what I thought in 92. What happened was RP enabled clinton to win with something like 38% of the popular vote.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-89978679528344735242008-01-16T01:04:00.000+00:002008-01-16T01:04:00.000+00:00Edgar,Bloomberg is essentially a 'successful HPer'...Edgar,<BR/><BR/>Bloomberg is essentially a 'successful HPer'.<BR/><BR/>But I hope he does not run.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-59858084631856347852008-01-16T00:48:00.000+00:002008-01-16T00:48:00.000+00:00"No matter who leads in 2009, they're all gonna ha..."No matter who leads in 2009, they're all gonna have one hell of a mess on their hands...it's time for the revolution."<BR/><BR/>Or perhaps things are so screwed up, that who ever wins will have it easy in a way. Don't have to do anything brilliant, just <I>undo</I> all the bad decisions (we all know the list by now). <BR/><BR/>Is a revolution really needed to restore the constitution and bill of rights which we already have? <BR/><BR/>Dems sure have been asleep at the wheel, even on the take. But sorry - Repugs have actively ruined everything. Up-thread poster is correct - Repugs have done major harm from Reagan era on down. It's all coming to an operatic climax with Bushco. Moneybags take their jobs and wealth offshore, dodge environmental safety and labor laws and taxes, then have the gall to wrap themselves in the flag. Mostly beloging to which party? You tell me, Mr. Patriot. Who stacked the court with justices to the right of Atilla the Hun? <BR/><BR/>And what, exactly is wrong with Obama and Edwards? Even Billary will be a vast, notable improvement, for crying out loud. The Republican field looks like a bunch of Rotarians and used car salesmen. If Paul won and did everything he wants, gutting the government and hoping the Invisible Hand takes care of everything, it would be ruination. Dems are not angels, but notably better.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-71131428922409938952008-01-16T00:27:00.000+00:002008-01-16T00:27:00.000+00:00Weren't you all the same people who though the wor...Weren't you all the same people who though the world would end at 00:00:01 on Jan 1, 2000?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-41391514185356162032008-01-16T00:01:00.000+00:002008-01-16T00:01:00.000+00:00"i think ya'll might want to check out a book - "F..."i think ya'll might want to check out a book - "Financial Armageddon""<BR/><BR/>Good advice. I read it over a year ago. I read it AT Borders because I'm cheap....I mean FRUGAL. Yeah! That's the ticket, FRUGAL. Time to watch Kudlow freak out. <BR/>Cheers!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-51776747773481580992008-01-15T23:58:00.000+00:002008-01-15T23:58:00.000+00:00Inquiring Mind sez-Interesting. "despair, anger, p...Inquiring Mind sez-<BR/><BR/>Interesting. "despair, anger, political upheaval" were part of my 2008 predictions. <BR/><BR/>That's a little scary because that portends a worse crash to unfold.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-41209241089405665082008-01-15T23:47:00.000+00:002008-01-15T23:47:00.000+00:00FAt chaance of bringing America together, Keith. I...FAt chaance of bringing America together, Keith. I was listening to interviews of working people in Michigan, and they were still talking about voting for anti-abortion and anti-gay marriage candidates or voting in a Republican because big businesses need more tax cuts. If these people, long in the middle of an all-out economic depression, still don't get it, there's no hope for the rest of us.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-85184585647722572952008-01-15T23:00:00.000+00:002008-01-15T23:00:00.000+00:00i think ya'll might want to check out a book - "Fi...i think ya'll might want to check out a book - "Financial Armageddon"<BR/>just read it and it lays out the path we are on and what the final outcome will be - if he's even half right we are soooooo screwed.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-63183161589036547132008-01-15T22:53:00.000+00:002008-01-15T22:53:00.000+00:00This is all leading to the New World Order!1) Euro...This is all leading to the New World Order!<BR/><BR/>1) European Union ~ Check<BR/>2) North American Union ~ Pending<BR/>3) African Union ~ Pending<BR/>4) Asian Union ~ Pending<BR/><BR/>The BIG joke is on us ALL!!! We need to wake up people...<BR/><BR/>http://tinyurl.com/2kqhq8Princess Mononokehttps://www.blogger.com/profile/11062180421571379213noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-46875930549525396332008-01-15T22:45:00.000+00:002008-01-15T22:45:00.000+00:00Cut rates...you could cut to 0 and folks will not ...Cut rates...you could cut to 0 and folks will not quailify under the new guidelines. Mess ah big mess.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-27822223672610796052008-01-15T22:39:00.000+00:002008-01-15T22:39:00.000+00:00Intel is going to crash the market tomorrowIntel is going to crash the market tomorrowAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-67301940722463986802008-01-15T22:38:00.000+00:002008-01-15T22:38:00.000+00:00oh stop being so dramatic already, geez it's as if...oh stop being so dramatic already, geez it's as if we've never had a recession or an unpopular president before<BR/><BR/>As to "In my lifetime I've never seen a better opportunity for a centrist Independent candidate."<BR/><BR/>and you think Bloomberg fits this criteria? Centrist? Dude have you actually seen his record? His is so liberal he makes Hitlery look conservative. My god man, get a clue.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-10472434227921249512008-01-15T22:33:00.000+00:002008-01-15T22:33:00.000+00:00bloomberg has about as much chance of being presid...bloomberg has about as much chance of being president as snowball in hell. he would absolutely no votes in the south, on that you can be sure. he has a lot of money but he is not for this country. he is for israel and he would make us stay in the middle east fighting wars for israel until doomsday. nobody with half a brain wants bloomberg for anything, not even dog catcher.Anonymousnoreply@blogger.com