What exactly are HousingPANIC trolls hoping to accomplish?

Do they think trolling HP will help get people to buy houses again, regardless of the crash underway?

Perhaps they're Desperate Homedebtors who think if all this housing bubble chatter nonsense would stop, they could get right back to their annual mortgage equity withdrawals?

Maybe they're just striking out in anger at the messenger, since Charles Ponzi isn't around to take their call?

Or in their heart of hearts do these ramen-eating mortgage brokers and realtors truly believe the housing crash will just blow over, and a return to glorious commission-filled days is just around the corner?

I just don't get it.

Tell you what, HP trolls - tell us why you come to HP to spew your lies and anger. Help us understand the mind of a troll. And oh, one word of advice.

Rent.

So when Time magazine FINALLY puts the housing crash on the cover...

Does anyone find it weird that the housing crash was the biggest business story in 2006 (per the AP), and has completely overtaken the MSM and the dinner table for the past six months or so - nearly every day in the USA Today, Financial Times, Arizona Republic, New York Times, etc....

And yet Time magazine has done almost zero housing crash or subprime disaster reporting. And when they do it's a fluff piece or terrible reporting. And not a single cover since their now-hilarious going goo-goo for housing piece.

So what's up? Are they embarrassed? Are they corrupt? Or are they just Bush-like-incompetent? Does Time Warner take so much REIC advertising $$ that they don't want to admit the truth? Does Richard Parsons, Time Warner CEO, have some kind of strange REIC connection?

Something just doesn't make sense. Every issue for the past year should have had an article about the housing bubble / housing crash / REIC meltdown / subprime disaster. And at least four or five covers by now.

So what the hell is going on?

When Time FINALLY puts the housing crash on the cover, any predictions on what it'll say?

Do Greenspan, Bernanke, Lereah, Retsinas, Toll and now Yellen think we're buying their bullsh*t?

Yes, disinformation, spin, lying and distortion are in their job description. And yes, the MSM doesn't actually "report" anymore, they just copy and paste.

But good god, how dumb do these people think we are? We're in the second inning of a nine inning game and they say it's over. Not.

Here's the latest BS from a Fed member - Janet Yellen, Fed SF president. You won't believe this one. Either she's stupid, a liar or corrupt. Take your pick.

Note to Yellen and friends - you can't spin your way out of a ponzi scheme or financial mania unwinding and crash. This will run its course. No matter what BS you spout. You will look like a fool next year for quotes like these.

Federal Reserve's Yellen is sleeping better - Says she's less worried about possible housing bust

SAN FRANCISCO (MarketWatch) -- Janet Yellen, president of the Federal Reserve Bank of San Francisco, is sleeping better than she was a year ago, thanks to signs of stabilization in the housing market.

Still, her slumber is occasionally disturbed by worries about inflation, she said after a speech in Santa Clara, Calif. on Wednesday.

Last year, when it looked like the housing downturn could turn into a bust that risked tipping the broader economy into recession, Yellen said she found it more difficult to sleep.

But Yellen said she has noted recent signs of stabilization in the housing market and slim evidence that housing's slowdown has spilled into other parts of the economy.

"I'm waking up less at night than I was," she said. "So far, there's been remarkably little effect on the rest of the economy."

"We're not stepping on the brakes as hard as policy makers have done in the past," she said.

HousingPANIC urges the real estate clerks of America to rebel against the NAR and demand the firing of The Corrupt David Lereah

It should now be painfully obvious, my underemployed, nothing to do, ramen-eating real estate clerk friends, that the NAR and The Corrupt David Lereah (TCDL) are no longer your friends. Their actions and activities are actually HURTING YOU, not helping you.

You are paying dues to, and still publicly supporting, an organization and it's spokesman who has made your profession a laughingstock, and "REALTOR(TM)" the least-trustworthy position in America. Yes, you are now lower than Catholic priests and stockbrokers I'd say. And that's tough to do my friends. Tough to do.

So it's time for the real estate clerks of America to rebel. Start an online petition (maybe firedavidlereah.com?) calling for the immediate dismissal of NAR Liar in Chief TCDL, and demand an apology to the American people for the continuous lies and distortion that spewed out of the NAR during the mania and subsequent collapse.

Yes, TCDL is paid to do the NAR's dirty work, to lie, to spin and to distort. Yes, he made a deal with the devil and now has a lifetime to answer for his evil deeds. But every day he stays at the NAR is like another day of the GOP hanging on to Tom DeLay. And you know where that led...

I don't expect real estate clerks to take my advice. Collectively your brain power is a bit low obviously, as your morals are too. But I'll give you this advice for free.

Real estate clerks, and the NAR, are now a joke. America will blame you for the housing crash. You have screwed people time and time again, people who TRUSTED YOU, people whose interests you were supposed to represent, all for that big commission check.

You can atone for your mistakes and evil deeds. And you can start with a house cleaning at the NAR, and the firing of your Iraqi Information Minister.

Or you continue to be seen as a joke, and eventually just whither and slither away. Which is what I think will happen in the end unless we see radical change, and soon.

Peace out. I hear Safeway is having a sale on ramen by the way.

Different professions vary greatly in how much they are trusted to give their clients or patients good advice. According to a recent Harris Poll measuring U.S. adults’ trust in 11 different professions to give advice that is best for them, the professionals trusted completely by the greatest number of adults are doctors (50%), dentists (47%), and nurses (46%). At the other end of the list, those with the fewest adults saying they trust them completely are stockbrokers (6%), real estate agents (7%) and insurance agents (9%).