tag:blogger.com,1999:blog-18675105.post8466826156869225661..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: And then the Great Housing Ponzi Scheme ended for all to see, and the blood ran in the streetsbloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger56125tag:blogger.com,1999:blog-18675105.post-26945219475848222322007-08-04T14:25:00.000+01:002007-08-04T14:25:00.000+01:00The illiterates always get irked when someone poin...The illiterates always get irked when someone points out their lack of education. That is why you rent and work for $11 an hour friend.<BR/><BR/>Oh I know, I know it's all Bush's fault. It's his fault you dropped out in the 10th grade. It's his fault you thought learnin' wasn't worth nothin' to nobody. <BR/><BR/>Enjoy the basement apartment Cletus.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-55229320673932465532007-08-04T14:20:00.000+01:002007-08-04T14:20:00.000+01:00financial accountant said... I don't get this supp...financial accountant said... <BR/>I don't get this supposed credit cruch. The ten year is down to 4.7%. How's a credit cruch happening when rates are falling? Shouldn't the reverse be happening? <BR/><BR/>Dude, the 10-year bond is the US treasury rate. It is not tied to the corporate bond rate or retail rate. there is no risk premium for the US T-bills because there is no risk. The government can always print the money to pay the holders back. Right now, investors are demanding a huge risk premium be priced into private bonds. <BR/><BR/>August 04, 2007 3:36 AM <BR/><BR/>==================================<BR/><BR/>Dude,<BR/><BR/>You're an idiot if you think the 10 year has no influence on lending policies.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-41416410889701940912007-08-04T03:36:00.000+01:002007-08-04T03:36:00.000+01:00I don't get this supposed credit cruch. The ten ye...<I> I don't get this supposed credit cruch. The ten year is down to 4.7%. How's a credit cruch happening when rates are falling? Shouldn't the reverse be happening? </I><BR/><BR/>Dude, the 10-year bond is the US treasury rate. It is not tied to the corporate bond rate or retail rate. there is no risk premium for the US T-bills because there is no risk. The government can always print the money to pay the holders back. Right now, investors are demanding a huge risk premium be priced into private bonds.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61771921948233999522007-08-04T02:54:00.000+01:002007-08-04T02:54:00.000+01:00HUD announced that as part of the Expanding Americ...HUD announced that as part of the Expanding American Homeownership Act of 2007 it wants enacted, that millions more seniors would be eligible for its reverse mortgage program (HECM), if congress increases the maximum loan amount to match FNMA/FHLMC conforming loan limits. According to HUD the volume of reverse mortgages it has funded has increased 10 fold in the past 6 years. However, eligible seniors have been limited to very modest FHA loan limits. This will help bring the product into the mainstream.<BR/><BR/>I haven't seen this issue addressed yet. <BR/><BR/>Any comments?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-53528374095476948322007-08-04T02:51:00.000+01:002007-08-04T02:51:00.000+01:00WOW! A share of AHM now costs less than a rubber i...WOW! A share of AHM now costs less than a rubber in a filling station vending machine'<BR/><BR/><BR/>A rubber?<BR/><BR/>A filling station?<BR/><BR/>Someone tell this guy it's 2007, not 1957.<BR/><BR/>--------------------<BR/><BR/>ROTFLMFAO!!Billhttps://www.blogger.com/profile/06623291271325261181noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-90262978645310352542007-08-04T00:26:00.000+01:002007-08-04T00:26:00.000+01:00'WOW! A share of AHM now costs less than a rubber ...'WOW! A share of AHM now costs less than a rubber in a filling station vending machine'<BR/><BR/><BR/>A rubber?<BR/><BR/>A filling station?<BR/><BR/>Someone tell this guy it's 2007, not 1957. <BR/><BR/><BR/>Yea, like in you would have seen a condom dispenser in a gas station in 1957. I guess I missed the episode of Leave it to Beaver where Wally finds a rubber...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-58165961880429833512007-08-04T00:07:00.000+01:002007-08-04T00:07:00.000+01:00Please stick your head out of the basement/man den...Please stick your head out of the basement/man den and spell something for your mother. Please knock first so as to not embarrass her in front of company. She'll be much more impressed than we are.<BR/><BR/>Striking out against spelling and punctuation is a sure sign that you have nothing intelligent to add to the conversation. There's a whole world of idiot savant spellers out there big boy.<BR/><BR/>The spelling harang [did you phonetically understand this misspelled word?]stopped for along time on this blog, it appears the spellers have saved up enough to bring the internet connection bill out of arrears.<BR/><BR/>p.s. Just in case; If you're 10 years old, great job. If you're older than 10 years old, get a job.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61399352040764654682007-08-03T23:32:00.000+01:002007-08-03T23:32:00.000+01:00"Bear Stearns' CEO is a bigger DOPE than you all! ..."Bear Stearns' CEO is a bigger DOPE than you all! DOPES!"<BR/><BR/>Is that you Jim Cramer?jimhttps://www.blogger.com/profile/02523525193865747028noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-66162120908370672412007-08-03T23:28:00.000+01:002007-08-03T23:28:00.000+01:00"Punctuation is your friend."Generally, yes. Exce..."Punctuation is your friend."<BR/><BR/>Generally, yes. Except for that bastard the apostrophe.jimhttps://www.blogger.com/profile/02523525193865747028noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-36023473158177458732007-08-03T23:02:00.000+01:002007-08-03T23:02:00.000+01:00'WOW! A share of AHM now costs less than a rubber ...'WOW! A share of AHM now costs less than a rubber in a filling station vending machine'<BR/><BR/><BR/>A rubber?<BR/><BR/>A filling station?<BR/><BR/>Someone tell this guy it's 2007, not 1957.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-83585245088782325242007-08-03T22:33:00.000+01:002007-08-03T22:33:00.000+01:00"You can post, sounding like an idiot, by typing n..."You can post, sounding like an idiot, by typing nobodies instead of nobody's and nobody will take you seriously."<BR/><BR/>Please note the capitalization, commas, and period. Punctuation is your friend.<BR/><BR/>August 03, 2007 7:12 PM <BR/><BR/>============================<BR/><BR/>Wrong. Try again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-61158160530667190172007-08-03T22:31:00.000+01:002007-08-03T22:31:00.000+01:00WOW! A share of AHM now costs less than a rubber ...WOW! A share of AHM now costs less than a rubber in a filling station vending machine. Sure glad I didn't buy when a share cost as much as a Happy Meal. How soon before we see spare shares in a bowl by the cash register at the convenience store, along with the pennies?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-21169329938493308732007-08-03T21:55:00.000+01:002007-08-03T21:55:00.000+01:00At lunch today I saw a guy order not one but TWO s...At lunch today I saw a guy order not one but TWO sodas. Everything is fine.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-90170921653939613302007-08-03T21:54:00.000+01:002007-08-03T21:54:00.000+01:00Bear Stearns' CEO is a bigger DOPE than you all! ...Bear Stearns' CEO is a bigger DOPE than you all! DOPES!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-2354840467751963912007-08-03T21:34:00.001+01:002007-08-03T21:34:00.001+01:00You know who's responsible for this don't you?Bubb...You know who's responsible for this don't you?<BR/><BR/>Bubble Bloggers.<BR/><BR/>You came into a peaceful, affluent, benevolent society and you ruined it for everyone with your questions and your doubts and your "analysis".<BR/><BR/>Shame on you!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-6560532608259539022007-08-03T21:34:00.000+01:002007-08-03T21:34:00.000+01:00Credit Crunch Question: Interest rates are of no c...Credit Crunch Question: Interest rates are of no concern in a credit-crunch - zero or 15% doesn't make any difference - if no one will LOAN the money. . .If you came to me and told me you would pay me 20% a week for $1000, it would be a good deal, but if I felt you wouldn't pay it back, I would say NO. . .that is a credit crunch!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-8550326610099451052007-08-03T21:30:00.000+01:002007-08-03T21:30:00.000+01:00Heres that cramer blowup link.http://tinyurl.com/2...Heres that cramer blowup link.<BR/><BR/>http://tinyurl.com/2gvtaeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-34463571279542684032007-08-03T21:25:00.000+01:002007-08-03T21:25:00.000+01:00I don't get this supposed credit cruch. The ten ye...I don't get this supposed credit cruch. The ten year is down to 4.7%. How's a credit cruch happening when rates are falling? Shouldn't the reverse be happening?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-11977699979621000162007-08-03T21:20:00.000+01:002007-08-03T21:20:00.000+01:00It is all unwinding, but there are many wealthy po...It is all unwinding, but there are many wealthy powerful people who have their wealth and power based on these imaginary numbers that flow across the ticker of TV news.<BR/><BR/>They will bring forces to bear on this disaster that will stave off the final debacle, at least long enough to swap American paper for euros and catch the last flight out of town. <BR/><BR/>This is not a sand-castle being swamped by a sudden wave, it is an entire nation, and a people, being sold to cover a margin call.<BR/><BR/>-SnowAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-21081826876494897112007-08-03T21:15:00.001+01:002007-08-03T21:15:00.001+01:00Someone post me a link of video of Cramer melting ...Someone post me a link of video of Cramer melting down on CNBCbloggerhttps://www.blogger.com/profile/06585266242070350399noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-3114139604681613062007-08-03T21:15:00.000+01:002007-08-03T21:15:00.000+01:00Here's Jim Cramer video predicting that major home...Here's Jim Cramer video predicting that major homebuilders will be ceasing to exist.<BR/><BR/>Wow.<BR/><BR/>http://tinyurl.com/yv2tat<BR/><BR/>He names Beazer, KBHome and SPFbloggerhttps://www.blogger.com/profile/06585266242070350399noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-35829047903294390092007-08-03T21:12:00.000+01:002007-08-03T21:12:00.000+01:0008/03/07 Dow tumbles over 200 pointsMore troubling...08/03/07 Dow tumbles over 200 points<BR/><BR/>More troubling news from Bear Stearns and larger financial sector weakness sends stocks tumbling.<BR/><BR/>Dopes?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-51626670548725667262007-08-03T21:08:00.000+01:002007-08-03T21:08:00.000+01:00JIM CRAMER is our HERO!. . .he told it like it is ...JIM CRAMER is our HERO!. . .he told it like it is - the END. . .Bernake is asleep!! Greenspan caused all of this!!!<BR/><BR/>Late but better than never.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-18675105.post-69929502255444209432007-08-03T21:06:00.000+01:002007-08-03T21:06:00.000+01:00Wow.Wow.bloggerhttps://www.blogger.com/profile/06585266242070350399noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-68233960070193158472007-08-03T21:05:00.000+01:002007-08-03T21:05:00.000+01:00Dow down 280 today.Some crash dopes!Uhh Errr. Wait...Dow down 280 today.<BR/><BR/>Some crash dopes!<BR/><BR/>Uhh Errr. Wait a minute?!?<BR/><BR/>RUN FOR THE HILLS!!!Anonymousnoreply@blogger.com