tag:blogger.com,1999:blog-18675105.post513751720884992229..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: Ladies and Gentlemen, one more time, I give you the words of Andrew Hacbloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger63125tag:blogger.com,1999:blog-18675105.post-48685194810933699102008-09-29T03:05:00.000+01:002008-09-29T03:05:00.000+01:00It's not a question of being black, brown or purpl...It's not a question of being black, brown or purple. It's all about how you behave. That's it. Behavior. If you can't behave, people are not going to want you around them. It is not racial. It is behavior. You must have respect for other people.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-15116906090678024002008-09-28T23:02:00.000+01:002008-09-28T23:02:00.000+01:00Hey, I suggest some of you hypocrites put your bes...Hey, I suggest some of you hypocrites put your best clothing and jewelry on and go for a walk at night in places like South Central LA, Compton, East LA, Little Haiti, Bronx, etc. Go for it and tell us all about it, utopia retards.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-17301575781752234412008-09-28T22:26:00.000+01:002008-09-28T22:26:00.000+01:00Anono politically correct Moron 3:14 PM said..."My...Anono politically correct Moron 3:14 PM said...<BR/><BR/>"My next door neighbor is Indian and he own a gas station and some people call him racist names and threaten him."<BR/>- - - - - - - - - - - - -<BR/>Did you mean a dot-Indian or feather-Indian?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53552667812565865002008-09-28T17:39:00.000+01:002008-09-28T17:39:00.000+01:00I am a Joe who worked his way out of grinding pove...I am a Joe who worked his way out of grinding poverty, through college and then came back for a graduate degree. I wore triple hand-me-downs and went to sleep hungry. Now the government programs are moving hoards of lazy, lowlife trash into my neighborhood that I worked so hard for. My neighborhood will be overrun by illegal immigrants within 10 years. I can see it happening already. I see them at the stores with their five children tagging along barefooted, shirtless, and in diapers as they whip out their WIC cards and welfare debit cards.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-49106066370838245832008-09-28T15:28:00.000+01:002008-09-28T15:28:00.000+01:00Joe Six Pack's wife, you are not the only one blam...Joe Six Pack's wife, you are not the only one blaming minorities for this mess. At work, people were talking about their financial hardships. So I said who do you think is the ultimate blame for all of this? Then one gal said "illegal Mexicans and black". Then another said "those Arabs". Then another said "foreigners".Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-10655825542587475462008-09-28T15:14:00.000+01:002008-09-28T15:14:00.000+01:00What is racist about describing, verbatim, just ex...What is racist about describing, verbatim, just exactly what has happened to the neighborhood where I live? Why does THE TRUTH always sound racist?<BR/><BR/>I will tell you why. It is because we are not allowed to speak the truth anymore in America. We have to pretend that what we see with our own eyes is not really happening.<BR/><BR/>The fact is that the retired white couple next door are not the ones dealing drugs from their homes. It is the Cubans from Miami who moved here, bought houses in the suburbs and proceeded to grow marijuana. We have had more than 50 drug houses busted in less than a year in this small town on the outskirts of Ft Myers. 100% were operated by Cubans. Why is it racist of me to quote a statistic?<BR/><BR/>The fact is that crime was minimal here until the local government decided that the problem caused by 22,000 vacant, decaying homes could be solved by giving Haitian immigrants a section 8 voucher and sending them to live here, in what was once a quiet haven for retirees. Now, we have shootings, strong armed robberies, hold ups at the ATM. And, guess who is the culprit? Again,it is not the retired white couple next door.<BR/><BR/>These are just the facts. Not that there are not a lot of decent, hard-working minorities. I am just<BR/>telling you what has happened here in Southwest Florida.<BR/><BR/>And what is coming to a neighborhood near you soon.<BR/><BR/>Joe6pack's Wife<BR/><BR/>September 27, 2008 9:59 PM<BR/><BR/><BR/>You White Trash, "I blame all of the minorities for all of my problems" are typical. You remind me of my dad. <BR/><BR/>I grew up in a white, union, Reagan-Democrat household. I never heard my old man say anything negative about minorities until he lost his job. Then he became bitter, upset and very angry. He could not get another job making $23 per hour (this was back in 1985 so it was very good money). So he blamed everything on "niggers" and "illegal fucking Mexicans" (those were his words). Anytime he saw a black, brown or Asian (he really hated Asians for taking over "his country") he got pissed and so did most of his laid off friends. So now, with the nation experiencing an economic downturn, some of America's hidden racism comes out. My next door neighbor is Indian and he own a gas station and some people call him racist names and threaten him. Like I said, take responsibility for your own actions. I guess that is very hard for some people when it is so easy to blame minorities.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-75992155091651788152008-09-28T07:41:00.000+01:002008-09-28T07:41:00.000+01:00When Corporation pay low wages ,the net result is ...When Corporation pay low wages ,<BR/>the net result is that it puts people into a lower tax bracket and <BR/>the government actually gets less proceeds from taxation . The Middle Class getting reasonable wages insured a reasonable tax flow to the government <BR/>.So,whenever the government doesn't get the taxes it needs it comes time where they try to figure out where to take it from .<BR/>Of the Government doesn't have the money they have to borrower it or print it .<BR/><BR/>Not only are the taxes being mess up by the housing bubble ,but all this forgiving on the part of the government results in less tax revenue . <BR/><BR/>People don't realize how much the MIDDLE Class and upper middle class was the stability of the Nation for a great deal of its history. <BR/><BR/>The housing bubble brought in a lot of fake tax revenue to the <BR/>government also during the housing boom ( in the form of property taxes and taxes from spending from debt, being sales tax ) ,and again it was wasted .<BR/><BR/>So ,my point is that taxes will have to be raised ,or if the money is printed the dollar will fall more . <BR/><BR/>So , the gains from debt purchases also created tax revenue that will seriously go down hill with the crash . Less jobs ,less parties to collect tax from and more unemployment insurance to pay,as well as welfare requests . <BR/><BR/>I can't see why Wall Street should be made whole again when all these other aspects of society will be left in dire shape .Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-59295553502433716042008-09-28T07:37:00.000+01:002008-09-28T07:37:00.000+01:00Agreed. That was a nice summary of the last 10-20 ...Agreed. That was a nice summary of the last 10-20 years. If he can do that for the next 10-20 years I'll really be impressed <BR/><BR/>Listen to Doug Noland talked about his view of what has been happening since the Lehman Brothers collapse.<BR/><BR/>It ties allot of things together.<BR/><BR/>One thing you should note is that this Credit Crisis is just in it early second stage. <BR/><BR/>http://www.netcastdaily.com/<BR/>broadcast/fsn2008-0927-2.asxAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-46066962787160989292008-09-28T07:10:00.000+01:002008-09-28T07:10:00.000+01:00Oh yeah, so what about JoshIpod? Here's an eli...Oh yeah, so what about JoshIpod? Here's an elitist sissy boy, who's 20-something and still lives in mommy's basement. He smokes pot and plays video game all day. Then, once in a while, he gets a job at Circuit City, Starbucks, or coding stupid java crap, just to pay for his iPhone or to buy Abercrombie & Fitch t-shirts and Amy Winehouse Cds.<BR/><BR/>An idiot who never had a childhood, never climbed a tree, never saw a cow or a chicken, who couldn't survive a day outdoors. He thinks that the answer to all problems in the world is a program written in Pearl away.<BR/><BR/>This group of sissies bought into the ultraliberal bull$hit, thanks to his union parasite-teacher at school who brainwashes all students with Marxist crap: Corporations aver evil! Unions are great! Nuclear power is bad! Religion is bad! Abortion is wonderful!<BR/><BR/>Once in a while, these sissy boys put some money together to make a cheap trip to Europe for a week or two. When they come back, you can't stand them because they have all figured out. They fake jet-setters with cheap trips...but they never learn a foreign language, have you noticed?<BR/><BR/>Now these losers have been brainwashed by rappers, Oprah, and $10k handbag celebs, who are nothing but a bunch of high school drop-outs, to vote for an empty suit who has only 140 days in the Senate voting "present" as experience.<BR/><BR/>I hope the big one hits California hard, especially in San Francisco. Don't come crying for help, sissy boys.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-8784114348332453932008-09-28T05:37:00.000+01:002008-09-28T05:37:00.000+01:00keith, he is still an idiot. Let him go chase his ...keith, he is still an idiot. Let him go chase his chem trails and let us all begone with his rantAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-78516003304795278302008-09-28T02:10:00.000+01:002008-09-28T02:10:00.000+01:00grilledsnapperturtle.blogspot.com would look nice....grilledsnapperturtle.blogspot.com would look nice.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-18152826153599454692008-09-28T00:46:00.000+01:002008-09-28T00:46:00.000+01:00"Keith said...But unions need to understand where ..."Keith said...<BR/>But unions need to understand where they went wrong, and how they screwed their own members. They need to work with their companies, not against them. They need to earn fair wages and fair benefits, not outrageous ones. And they need to be partners with management and owners on driving profitability, instead of only in it for wages, screw the company."<BR/><BR/>EXACTLY!!! I get tired of trying to explain this to both union and non-union people. The goal of both labor and management has to be a sustainable, profitable organization. Not CEOs trying to goose the profits to cash out on stock options or workers using the threat of a strike as a club to beat ridiculous concessions out of management.<BR/><BR/>The "I'm gonna grab all I can with both hands" attitude on both sides has screwed the entire US economy.<BR/><BR/>As far as the "punch the clock and do nothing" model of union labor goes those days are numbered and the fat, lazy slobs who think their big bad union is going to protect them are in for a surprise.<BR/><BR/>In my work situation the Joe6Pack clock punchers have lots of free time to drink cheap beer and watch Nascar because they are the ones who get "spun" (sent right back to the hall) when they are called out on a job because the contractors we work for are not going to waste their money on a bum who thinks he deserves a pay check.<BR/><BR/>And as far as the troll who commented that I "had to" work OT today because I need the money to pay bill I can't afford. Not even close I was given the opportunity to work OT today because the general foreman knew he would get a good days work from me some of the guys on the crew were not offered OT. The money I could care less about. Taxes eat up most of it when I work OT anyway and other than my rent and utilities I don't have any bills. I'm Union but I was an HPer before I even found this blog. So no soul crushing mortgage, no car payments etc. <BR/><BR/>Oh I do have one debt a few grand left on a student loan. 'Cause some of us Union guys dun gradyated from universities and got the degrees and student loan payments to prove it. <BR/><BR/>As far as the rest of you union haters out there read your history and I mean read it not watch it on TV or get it from AM talk radio. Every citizen in this country benefits from the struggles of organized labor everyday-your weekend, your eight hour work day, your time and a half overtime pay, your child labor laws all of this and more were brought to you by organized labor. And that is not ancient history the AFL-CIO still fights everyday to defend the rights of all workers not just the union workers and not just the workers in the US but all workers and John Sweeney, who has ran the AFL-CIO for the past ten years or so knows that the days of labor <I>versus</I> management are over.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-57472592330012388192008-09-28T00:19:00.000+01:002008-09-28T00:19:00.000+01:00#1) John Steinbeck#2) Andrew Hac#3) all other auth...#1) John Steinbeck<BR/>#2) Andrew Hac<BR/>#3) all other authorsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-71626175628731801162008-09-27T23:33:00.000+01:002008-09-27T23:33:00.000+01:00Don't you all like the photo and snapper turtle gr...Don't you all like the photo and snapper turtle green font for Hac's posts?<BR/><BR/>Guy needs his own blog. Seriously. And notice that he never responds to any of us, just leaves his post hit-and-run and gets out of dodge.bloggerhttps://www.blogger.com/profile/06585266242070350399noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-62882792432204097082008-09-27T23:27:00.000+01:002008-09-27T23:27:00.000+01:00Joe6Pack's Wife,You are the Suzanne-researched-thi...Joe6Pack's Wife,<BR/>You are the Suzanne-researched-this wife, aren't you? <BR/><BR/>You are not a racist but I left America because people living in 90% or more white suburbs are tend to think I am not a part of their society.<BR/><BR/>Well, there were a lot more reasons to leave America though.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-91092094871874643782008-09-27T23:00:00.000+01:002008-09-27T23:00:00.000+01:00How can anyone say that illegals aren't gaming the...How can anyone say that illegals aren't gaming the system . Again ,the big Corporations benefit from them because they pay them low wages and than they expect the government to provide medical care for free and all the other things that they get .<BR/><BR/>Government is in bed with Big Business or any business ,so you can figure it out why there isn't enforcement at the border . So hear you have big business again <BR/>wanting cheap labor and over-looking the law to get it .So, again the taxpayers are supporting big business by supplementing <BR/>Corporation business costs by cheaper illegal labor . <BR/><BR/>The illegals are just taking what is being offered .Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-29420718903697578392008-09-27T21:59:00.000+01:002008-09-27T21:59:00.000+01:00"Hey anon 11:08. Do you think you could be any mor..."Hey anon 11:08. Do you think you could be any more racist? Just wondering."<BR/><BR/>What is racist about describing, verbatim, just exactly what has happened to the neighborhood where I live? Why does THE TRUTH always sound racist? <BR/><BR/>I will tell you why. It is because we are not allowed to speak the truth anymore in America. We have to pretend that what we see with our own eyes is not really happening. <BR/><BR/>The fact is that the retired white couple next door are not the ones dealing drugs from their homes. It is the Cubans from Miami who moved here, bought houses in the suburbs and proceeded to grow marijuana. We have had more than 50 drug houses busted in less than a year in this small town on the outskirts of Ft Myers. 100% were operated by Cubans. Why is it racist of me to quote a statistic? <BR/><BR/>The fact is that crime was minimal here until the local government decided that the problem caused by 22,000 vacant, decaying homes could be solved by giving Haitian immigrants a section 8 voucher and sending them to live here, in what was once a quiet haven for retirees. Now, we have shootings, strong armed robberies, hold ups at the ATM. And, guess who is the culprit? Again,it is not the retired white couple next door. <BR/><BR/>These are just the facts. Not that there are not a lot of decent, hard-working minorities. I am just <BR/>telling you what has happened here in Southwest Florida. <BR/><BR/>And what is coming to a neighborhood near you soon. <BR/><BR/>Joe6pack's WifeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-10343479501992858762008-09-27T21:53:00.000+01:002008-09-27T21:53:00.000+01:00Of course you have to have the Unions ,or Corporat...Of course you have to have the Unions ,or Corporations will clobber the workers .<BR/> . But, as Keith said ,the workers can't demand so much that they make their employer go broke as well as deprive the next generation of workers any benefits .<BR/><BR/>I haven't totally figured out yet how to undo the damage of the wrong moves being make ,but the new World order is not looking so good for the middle and upper middle class . Nobody want to compromise or give up positioning <BR/>or even discuss the real issues .<BR/>The poor will just become poorer and might sink so low that even getting food might be hard . <BR/><BR/><BR/>I find that the Politicians and Wall Street/rich love it when they can confuse the public and get them to go off on some side bar ,so they wont look at the real issues .All week I have been watching Wall Street and Paulson Promoters / Cheerleaders try to sell the Paulson Plan . America didn't buy it and they keep re-selling the same deal with the devil ,trying to put it in a different package ,same screw-job . <BR/><BR/>The American people, as brainwashed as they are ,somehow feel that Wall Street is getting the better of them . All the more reason to sell a scare tactic that makes Americans think they have to concede or Great Depression 2 or 3 is days away . <BR/><BR/>Just because the Maker Makers sold a Housing Boom scam ,doesn't mean that the public is buying this <BR/>Paulson Plan bail out Wall Street, while they find out every day just how corrupt the game was . <BR/><BR/>I wrote to the Politicians and threatened them with voting them out of a job if they pass the Paulson Plan, that will cost my kids their job . <BR/><BR/>I think I can sum up what is happening by a sound bite on the TV ,where a Paulson Plan promoter(Politician) <BR/>said in essence that they were working hard to make sure the Bill got passed before the Asian Stock Markets opened . Figure it out .Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-86814180649633975332008-09-27T21:17:00.000+01:002008-09-27T21:17:00.000+01:00Keith, I don't share your enthusiasm for Mr. Hac. ...Keith, <BR/><BR/>I don't share your enthusiasm for Mr. Hac. Factually, he is correct - home ownership is not a right. And it is true that a large segment of the American population have taken on an entitlement mindset. But his anger and blame are completely misplaced. <BR/><BR/>This "J6P" populace may be stupid, may be lazy, might even be greedy (we can debate the origins and size of this population at a later date). It's true they create a bit of drag on society. But for the most part they are NOT malicious. They don't want to bring everyone else down for their own benefit.<BR/><BR/>The blame should be placed squarely on those among the rich and powerful who understand the consequences of their actions and consciously use their intelligence, resources and influence to steal, swindle and con at a great cost to society in general for the sole benefit of themselves.<BR/><BR/>Given the choice between someone who harms me through incompetence and complacency and one who harms me with malice, intent and conscious effort, I'll side with the former.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-79524151139817548562008-09-27T20:55:00.000+01:002008-09-27T20:55:00.000+01:00Anon - thanks for details on the yen carry trade. ...<I>Anon - thanks for details on the yen carry trade. Appreciate the education.</I><BR/><BR/>Agreed. That was a nice summary of the last 10-20 years. If he can do that for the next 10-20 years I'll really be impressed :).Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-67082991111647640132008-09-27T20:47:00.000+01:002008-09-27T20:47:00.000+01:00All the talk about greedy union workers wrecking i...All the talk about greedy union workers wrecking it...<BR/><BR/>Sure; the big ones became abusive. How abusive do you see Big Government and Big Business becoming?<BR/><BR/>ANY thoughts on how big a role health care costs played in this?<BR/><BR/>Military expenditures?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-82934896807149720132008-09-27T20:03:00.000+01:002008-09-27T20:03:00.000+01:00I read Andrew for the visuals.I read Andrew for the visuals.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-29243953149586430722008-09-27T19:52:00.000+01:002008-09-27T19:52:00.000+01:00Yeah, since I live within 100 miles of Boeing, and...Yeah, since I live within 100 miles of Boeing, and my brother-in-law is an engineer there, I do agree that Boeing's unions do push too hard. SPEEA is now planning to strike as well, really grinding them to a halt.<BR/><BR/>This is the catch 22, and why unions are <I>supposed</I> to be that checks and balance system. But as long as we're pointing out Boeing, let's not forget about pro sports... their union is the worst offender. C'mon, $300K minimum salary to hit a ball on a team that has lost over 100 games? Flagrant example of something very wrong.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-17218525021164114682008-09-27T19:38:00.000+01:002008-09-27T19:38:00.000+01:00The BOJ has kept the key overnight lending rate at...The BOJ has kept the key overnight lending rate at 0.5 percent since doubling it in February 2007. <BR/><BR/>It shelved a policy of gradual rate increases in April.<BR/><BR/>BOJ policy makers have said they consider core prices to be stable if they stay between zero and 2 percent over the mid- and long-term period. <BR/><BR/>Well consumer price inflation stays at 2.4 percent for a second month shouldn't BOJ revisit the policy of gradual rate increaseAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-80832236780487005202008-09-27T19:36:00.000+01:002008-09-27T19:36:00.000+01:00I see we need diversity:how about also "40 ounce ...I see we need diversity:<BR/>how about also "40 ounce Reggie"<BR/>and "Juan Corona"Anonymousnoreply@blogger.com