Why won't realtors just shut up?

"Do yourself a huge favor - STOP LISTENING TO THE MEDIA! Did you now that since 1952, real estate has increased on average 6.9% per year!"

Carolyn Rhinehart, Arizona 6%'er with both spelling and logic problems, choosing NAR spin over facts on RealtyTimes

Confessions of a Subprime Lender

Too bad America doesn't have a Justice Department or an FBI anymore. You know, because mortgage fraud used to be a crime.

HousingPANIC Quote of the Day

"The Republican brand is in the trash can...if we were dog food, they would take us off the shelf"

- Tom Davis, Republican Congressman from Virginia, May 2008

Sarah Palin will go down as the biggest, most desperate and most reckless political Hail Mary of all time

It's truly sad to see McCain put politics and his own career over America.

It's come out now that McCain made a rushed, desperate choice with Palin. Do something dramatic or lose for sure, he was told. Well, he'll lose for sure still. Even when she drops out and is replaced by Hutchinson, Romney or Pawlenty.

John McCain has been exposed as a reckless, dangerous, hot-headed fool. He is an unacceptable candidate for President.

Come on GOP. Give us someone else. Throw this nut overboard. Palin will take care of herself. But the rot in your party is at the top. Just like it was these past eight years.

(Bonus - check out Palin's seat of power, where she got all that great experience being touted by McCain and his GOP fools.)

Palin disclosures raise questions about vetting - Alaskans say no one from McCain camp asked them about eventual VP pick

Perhaps more important, several Republicans said, Mr. McCain was getting advice that if he did not do something to shake up the race, his campaign would be stuck on a potentially losing trajectory.

With time running out — and as Mr. McCain discarded two safer choices, Gov. Tim Pawlenty of Minnesota and former Gov. Mitt Romney of Massachusetts, as too predictable — he turned to Ms. Palin. He had his first face-to-face interview with her on Thursday and offered her the job moments later.

“They didn’t seriously consider her until four or five days from the time she was picked, before she was asked, maybe the Thursday or Friday before,” said a Republican close to the campaign. “This was really kind of rushed at the end, because John didn’t get what he wanted. He wanted to do Joe or Ridge.”

HousingPANIC Quote of the Day

"Housing prices have gone down 15 percent, so that even if you didn't lose your home, you're seeing your wealth, your equity that you've built up, diminished under this president, partly because nobody was minding the store when the financial institutions were giving out predatory loans and teaser interest rates that shot up, and people couldn't afford to pay."

- Barack Obama, not understanding that home prices coming down is the GOOD thing, while home prices going up was the BAD thing, August 2008

It should be clear: The FDIC is run by incompetent monkeys who are lying to the American people, and the FDIC itself will now need a taxpayer bailout

There.

I hope that about sums it up.

Get ready to bail out the FDIC HP'ers.

They're out of money, they're knowingly allowing insolvent banks to continue operating, and they're run by yet another incompetent Bush appointee who is in waaaaaaaaaaaaaaaaaaaay over her head.

We knew Indymac would fail, and yet it came out Indymac wasn't even on the FDIC's watch list. And now, right on schedule, we get word that the losses to the taxpayers due to Michael Perry and his gang of criminals at Indymac will be far, far, far worse than the FDIC told us. Gee, what a surprise.

Wait until they find out about WaMu. And First Fed. And oh, so many more.

Get some popcorn.

Cost of IndyMac bailout: Worse than the worst-case scenario

When the federal government seized IndyMac in July, it estimated the failure would cost the FDIC's insurance fund somewhere between $4 billion and $8 billion. Yesterday the FDIC said the cost will be even worse than its previous worst-case-scenario estimate: $8.9 billion.

Gotta love it when lobbyists and GOP lawmakers get together to drink and dance. And "Hookers and Blow" of course..

If you're still a self-identified Democrat or Republican, you are being taken for a fool.

Our government got bought.

Period.