[quote=temeculaguy] . . . Well, last week, while golfing, one of them says a big wave of foreclosures is coming and the others agree. I remained silent. Reading this thread, it occurs to me that the wave isn’t coming, in fact the opposite will probably happen and I need no further evidence other than once anything economic gets to, let’s say the news segment on an fm radio morning drive show, then it’s already past it’s value. When the masses think something, it’s too late or it’s wrong. It’s not their fault. I read for three hours tonight, but I would not be able to tell you who is still in the hunt on american idol or survivor, I may see letterman or a news clip showing the winner or the finalists for 1 minute, but that’s the extent of my knowledge, whatever I noticed on accident. Same goes for inventory and my golf buddies.[/quote]
No, it’s not the general public’s fault. Especially those who kept their heads down and refrained from ATMing their propertie(s) to death during the millenium boom (incl those many free-and-clear owners). Life can be short. Why should they be concerned or even educated about mortgage terms??
TG, I heard the same “tsunami BS” recently (from someone who heard it on “morning radio”), lol. Of course, we’ve been waiting for this wave of foreclosures for the last couple of years. I don’t hold too much credence in what the pundits are saying, nor do I devote any time to watching or listening to them. As a matter of fact, I’m cutting my cable again the end of this month because my one-year price plan with Cox will be over and I’m not paying $57 more a month for the same TV svcs.
Once my box has been turned in for 60 days, I will be a *new* Cox TV customer and once again eligible for their cheap 12-month no-contract promotions. During the interim, I’ll be out of town quite a bit :=]
My (very busy) kid will watch hulu in their spare time and I’ll watch my fav “Idol” perfomances the following day online 🙂
