Housing crashing - check
Iran - check
Dollar - check
Phoenix imploding - check
Honica is a racist - check
Greg Swann is an idiot - check
Greenspan caused the bubble - check
Bush is incompetent - check
Gold, Euros and COP - check
Lereah lying - check
December 12, 2006
Wildcard post for HP'ers - what'd I miss this week that needs to be talked about?
Housing crashing - check
Iran - check
Dollar - check
Phoenix imploding - check
Honica is a racist - check
Greg Swann is an idiot - check
Greenspan caused the bubble - check
Bush is incompetent - check
Gold, Euros and COP - check
Lereah lying - check
The Government issuing temporary social security numbers to illegal immigrants so they can buy houses...
ReplyDeleteYeah, the criminal invading mexican savages, you missed that one altogether.
ReplyDeleteBest Buy and Circuit City got hammered today
ReplyDeleteRetailers are going to get slaughtered in January after a horrible Christmas
Greg Swan beat his first wife and doesn't own a home himself today
ReplyDeleteThe Minutement should file suit against the U.S Government for operating a criminal enterprise (issuing those Social Security Numbers), and go after the (tax) profits to have them returned to the taxpayers.
ReplyDeletehttp://tinyurl.com/ygfofh
Casey's in Phoenix taking classes from Kyosaki while his poor wife is home alone wondering how she ever screwed up so bad
ReplyDelete"Honica is a racist - check"
ReplyDeleteWow, are you admitting that you are a racist, then, Keith?
Your opinions on Mexicans is exactly the same as Honica's.
Keith! YOU ARE SLACKING! We need a criminal invading mexican savages thread! You know, something along the lines of: Criminal mexican invaders now kill more Americans each and every year, than were killed on 9/11.
ReplyDeleteThat prices are rising again in Europe, South Africa, Australia and NZ.
ReplyDeleteThat most home prices in even our bubble areas look cheap compared to the bubble areas of Britain, Australia, France, Ireland?
That prices haven't collapsed yet. Still waiting for 50% off in Phoenix. Will believe a correction has occured when I can buy a house in Phoenix at 2000 prices adjusted for inflation.
Bernanke is f*cked either way - check
ReplyDeletethe Amero.
ReplyDeleteGET ON THIS ARTICLE ASAP: MORTGAGE FRAUD BY ILLEGALS AND THEY BANKERS
ReplyDeletehttp://www.homelandstupidity.us/2006/12/11/rocky-mountain-mortgage-fraud-fever/
QUOTE OF A POST
Dave
December 12, 2006 8:27 am | Link
I won’t be at all surprised to find out that the people behind this fraud is the BCCI/Silverado Savings and Loan cabal connected to Neil Bush.
Colorado is about to take a dirt nap in the housing market anyway. If you drive through many of the poorer mountain towns you will notice that in some areas 85% of the homes are now for sale! But, few if any buyers.
Major home builders here in Colorado Springs are in big trouble and lay-offs are in full force. There are thousands of homes on the market between Denver and Colorado Springs and once again with few if any buyers.I’m a house painter with many years in the business, I’m sorry did I say “business”, what business? Oh, talk to most real estate agents they are dropping like dried-up bugs! Now, the car dealerships like John Elway Toyota in Denver or any dealership in Colorado Springs and Pueblo are very slow.
It’s going to get very, very ugly. This is connected to a massive default and recievership of hard assets for foreign investors, transnational paper-holders and global bankers.
Weak dollar? No, worries we’ll just have your land, water, highways oh, do you have any oil and natural gas in Colorado? Hey, Texas, Utah, Nevada and California?
In other words, this thing with the illegals is just the start…
Thankfully I got my US$$'s out of the US and invested in an apartment here in Buenos Aires. Prices are going through the roof now but 1-2 years ago RE here was one of the best deals in the world. It might still be a good deal if you are hesitant to get into precious metals and need a place to park US$$'s
ReplyDeleteYep, the invading mexican savages, we need a thread about them. These criminal mestizo wetbacks are gonna be a major contributing factor in the end of America as we know it.
ReplyDeleteWe have not discussed the morons who still think interest only loans are a good idea. My mother in law is in this category and thinks she is so financially savvy for being smart enough to get into one of these. She lives outside Philadelphia in Coatesville and is banking on the property values continuing to rise. She said she is watching interest rates as her 5 year I/O arm resets in two years. I told her no need to wait, refinance now, rates are not going lower. She says they will. My lip is bleeding from holding my tongue back. Oh my favorite part is when my mother in law said our country was founded on interest only loans. Hey what worked back in the 18th century sure should work in the present day! Anyone got any responses for a know it all mother in law?
ReplyDeletedivorce her daughter and be done with it
ReplyDeleteGreg Swann is doing his bizarre sock puppet thing on HP folks posting under my name and picture. To find out my posts just click on my name and it'll show my profile
ReplyDeleteto find out if it's the sock puppet or me, just click on the poster name and see their profile. Mine shows
Blog Name Team Members
Housing Panic - The Housing Bubble Blog with Attitude
If you'd like to personally tell Greg to F off, his phone number is 602.740.7531
Don't visit his blog - he's just desperate for traffic and that's why he does what he does poor sap. He's got nothing to do now that his business is in the tank.
Greg - good luck on the job search and with the counseling.
VERY SCARY MOVIE ONLINE!
ReplyDeleteHere's a movie you should all see!
It's where all the fucked borrowers will be in a few years:
http://cryptogon.com/?p=94
Keith,
ReplyDeleteYou may have missed that the Saudi ambassador to the US just abruptly quit and flew back to Riyadh. Many different meanings could be behind this, and many of the meanings could be defined fairly accurately as ominous. Should be right up your alley, and i don't say that in an insulting way.
Keith you should take out a restraining order against the creep I think he's losing it. You could also file a complaint with the Arizona real estate commission
ReplyDeleteThat guy is weird!
Oh yeah, the Saudi ambassador who just quit, Turki Al-Faisal, was also formerly the Saudi Head of Intelligence until he abruptly quit that post, too...on 9/4/2001.
ReplyDeleteNo foolin, look it up.
And the Fed made a subtle change to its assessment of the real estate market. It said there was a "substantial cooling" in the housing market. When the Fed met in October, it did not use the word substantial to describe the slowdown.
ReplyDeleteZombie Financial.
ReplyDeleteIt was my birthday this week and none of you phucknuts mentioned it.
ReplyDeleteI'm starting to wonder if Keith is really Richard and both Keith and Richard aren't actually Honica Jewinski....hmmmm
ReplyDeleteMaybe there's a little multiple personality disorder going on here.
Israel claims Syria is preparing for War
ReplyDeleteAnon at least we have a personality...
ReplyDeletegrow some balls punk!
I don't get this housing bubble talk...I wanted to put in an offer on a house, 10% less than the 550,000 asking price. The listing realtor told me not to waste my time if I wasn't offering full price. The house is a knock down or needs at least 100,000 in updating.
ReplyDeleteThe housing tug-of-war still needs to be talked about. Who cares if $$ is worth nothing overseas if you can't buy a house in the US?
did Swann really beat his first wife? can I get a source on that?
ReplyDelete" He eased up on Iraq restrictions leading to the existing problem and 911"
ReplyDeleteNot sure about that. I recall in the 90s oil around $20 a barrel that caused instability in Suadi Arabia -- which led to the rise of Bin Ladin. You know they need $17 a barrel for all the welfare subsidies in that country -- the people who kiss the kings ring. Of course, Bin Laden's initial goal -- populare because of cheap oil squeezing the people there -- was to get the US troops out of Saudi Arabia. Why were troops in Saudi? Yep, our buddy Saddam.
Hitler Jr. sure has a little circus going on in Iran at the moment. Sure its intention is to get people fired up. He really needs the nuke plant strike to play the domestic politics.
If we really want to screw the middle east get the oil under $20 a barrel.
----
Saw a story that ICE busted some meat plants today. Curiously, many workers had valid social security numbers that were purchased from ID theives. So, someone might be contributing to your social security account without you knowing it -- I'm sure the government likes double contributions. ( what a scam ! ) Just hope the social security number was not used for a variable no-doc jumbo loan...
Don't forget Taco Smell™ and green onions.
ReplyDeleteAnonymous said...
ReplyDeletedid Swann really beat his first wife? can I get a source on that?
Wednesday, December 13, 2006 3:13:19 AM
Sniff, sniff....yes he beat me!
Was reading about Tokyo's bubble back in 1989 and since people here love to compare the current bubble to Japan, here is a quote I read to give HPers some food for thought:
ReplyDelete"Prices were highest in Tokyo's Ginza district in 1989, with some fetching over US$1.5 million per square meter ($139,000 per square foot), and only slightly less in other areas of Tokyo. By 2004, prime "A" property in Tokyo's financial districts were less than 1/100th of their peak, and Tokyo's residential homes were 1/10th of their peak, but still managed to be listed as the most expensive real estate in the world. Some US$20 trillion (1999 dollars) was wiped out with the combined collapse of the real estate market and the Tokyo stock market.
Adjusted for inflation that would be $216, 633 per sq ft.
This on top of their Stock bubble. The article said that Japan lost some 20 trillion in real estate as a result of that bubble pop.
How does that compare with the USA where I imagine nationwide the average home costs around $100 a sq ft except in some bubble areas where $200-400 is high and those extreme markets where maybe $1,000 a sq ft?
Not to mention the ignored posts about the current price appreciation in Europe, South Africa, Australia and NZ where their home prices have risen even higher-recall those posts where in 10 years prices rose on average 100% or 10% a year here and in some places like South Africa over 300% or Ireland and Britain some 200%.
What do we think is a reasonable price? Does the market dictate that or do buyers? Is it the cost to build or replace? Is it just a buy/rent ration only?
Oh man! You need to buy that 550,000 dollar house. In fact, if the current owner won't sell, offer him 600,000.
ReplyDeleteNo matter how expensive it is, remember it will only go up in price and you can make a HUGE profit!
You better get your mother in-law, via her own arrogance, to agree not to come knocking on your door when she has no place to live. Just tell her, "Your right, as long as you don't come knocking on my door when you get evicted".
ReplyDeleteSaudi Arabia threatened the US last week regarding the Iraq civil war. They do not want us to withdraw, if we do they will jump into Iraq and take sides. They will back Sunis against Sheits.
ReplyDeleteThere is a Serial Killer in Suffux UK, killing women of the night. 50% of Prostitutes have quit out of fear of death.
ReplyDeleteyou missed the fact that mortgage applications for new purchases rose AGAIN and now at an 11 month HIGH- last week we reached a seven month high....
ReplyDeleteso housing supply /demand is changing rapidly to the upside not deteriorating nationally..
Bank of America will accept Mexican ID's for mortgage applications and for opening bank accounts
ReplyDeletethe truth is out there:
ReplyDeletehttp://www.youtube.com/watch?v=GbPetrK_6Lc
the truth is out there:
ReplyDeletehttp://www.youtube.com/watch?v=GbPetrK_6Lc
the illegal wetbacks are shitting in out food supple chain - from spinach to onions and the MSM refuses to implicate the filty brown pigs
ReplyDeleteis it true the chinks will not sell the 1 trillion us dollars they have because we are sending them all our surplus wheat and grains?
ReplyDeletewe wont sell them an asset like a gas company, but we will sell them all our
food stocks because it wont be reported in the MSM.
Anon says: "the truth is out there: http://www.youtube.com/watch?v=GbPetrK_6Lc
ReplyDeleteAnd the Euro is backed by what?
FMW is the Coolest!
ReplyDeleteread'em and weep:
ReplyDeletehttp://www.prisonplanet.com/articles/december2006/131206amero.htm
read'em and weep TINY-ized:
ReplyDeletehttp://tinyurl.com/y26ndb
hey Patch, did you watch it?
ReplyDeletethe euro is backed by NOTHING also (F-I-A-T) however, its not an I.O.U. for over $11 Trillion $$$'s.
buy gold
I lust love it Ireland Car Rental
ReplyDelete