Quit whinning about bail outs

[Bugs]

Dingo/MulitplePersonality,

If you’ve spent any time whatsoever on this forum you’d recognize that about 30% of all the threads and posts don’t involve the RE markets at all, but are about alternative investment vehicles, macroeconomics and general economic trends. I think most of the Piggs are quite cognizant of the collateral damage that will occur as a result of the failures in the RE markets and are actively seeking ways to cope with that damage. I think it’s a huge mistake to confuse these lines of discussion as gloating over the misfortunes of others. Intelligent people learn from the mistakes of others.

It’s true that there is a certain amount of validation involved when the fools who extolled the virtues of being agressive and “bold” during the runup earn the inevitable fruits of that type of reckless and unjustified behavior. I compare it to the type of validation that occurs when we see the jerk who had been terrorizing other motorists on the freeway 5 minutes ago gets pulled over by the CHP.

If you want to scold someone for their misbehavior and bad attitude I suggest you look to the people who created the problem in the first place, not the people who warned everyone from the beginning of the risks they were taking.

We were right, they were wrong; deal with it. If you want to find a caring and nurturing support group for suckas I suggest you look elsewhere, like maybe the San Diego Real Estate Investment Club. There are lots of positive thinkers and RE boosters over there.

[asragov]

Here is Mish’s take, “Temporary mortgage freeze is doomed”:

http://globaleconomicanalysis.blogspot.com/2007/11/temporary-mortgage-freeze-is-doomed.html

[asragov]

Here is Mish’s take, “Temporary mortgage freeze is doomed”:

http://globaleconomicanalysis.blogspot.com/2007/11/temporary-mortgage-freeze-is-doomed.html

[asragov]

Here is Mish’s take, “Temporary mortgage freeze is doomed”:

http://globaleconomicanalysis.blogspot.com/2007/11/temporary-mortgage-freeze-is-doomed.html

[asragov]

Here is Mish’s take, “Temporary mortgage freeze is doomed”:

http://globaleconomicanalysis.blogspot.com/2007/11/temporary-mortgage-freeze-is-doomed.html

[asragov]

Here is Mish’s take, “Temporary mortgage freeze is doomed”:

http://globaleconomicanalysis.blogspot.com/2007/11/temporary-mortgage-freeze-is-doomed.html

[Multiplepropertyowner]

Dear Bugs,
“30% of the threads don’t involve the real estate market.”

What are you talking about. There are currently 3500 topics posted to this discussion. The next closest is 450. This entire site is about the real estate market. I have not heard Rich on NPR talking about gold futures. This site is housing market driven. And you can’t tell me that there is a major bias to this site. All I am saying is that those who gloat on the tanking housing market need to think twice.
And to your point “we were right, they were wrong, deal with it.” The only people that were wrong were the group of folks who just happened to buy in late 04/05. I contributed to the problem multiple times and killed it. I was just smart enough to fold in Jan 04 on my most vulnerable properties.

[Multiplepropertyowner]

Dear Bugs,
“30% of the threads don’t involve the real estate market.”

What are you talking about. There are currently 3500 topics posted to this discussion. The next closest is 450. This entire site is about the real estate market. I have not heard Rich on NPR talking about gold futures. This site is housing market driven. And you can’t tell me that there is a major bias to this site. All I am saying is that those who gloat on the tanking housing market need to think twice.
And to your point “we were right, they were wrong, deal with it.” The only people that were wrong were the group of folks who just happened to buy in late 04/05. I contributed to the problem multiple times and killed it. I was just smart enough to fold in Jan 04 on my most vulnerable properties.

[Multiplepropertyowner]

Dear Bugs,
“30% of the threads don’t involve the real estate market.”

What are you talking about. There are currently 3500 topics posted to this discussion. The next closest is 450. This entire site is about the real estate market. I have not heard Rich on NPR talking about gold futures. This site is housing market driven. And you can’t tell me that there is a major bias to this site. All I am saying is that those who gloat on the tanking housing market need to think twice.
And to your point “we were right, they were wrong, deal with it.” The only people that were wrong were the group of folks who just happened to buy in late 04/05. I contributed to the problem multiple times and killed it. I was just smart enough to fold in Jan 04 on my most vulnerable properties.

[Multiplepropertyowner]

Dear Bugs,
“30% of the threads don’t involve the real estate market.”

What are you talking about. There are currently 3500 topics posted to this discussion. The next closest is 450. This entire site is about the real estate market. I have not heard Rich on NPR talking about gold futures. This site is housing market driven. And you can’t tell me that there is a major bias to this site. All I am saying is that those who gloat on the tanking housing market need to think twice.
And to your point “we were right, they were wrong, deal with it.” The only people that were wrong were the group of folks who just happened to buy in late 04/05. I contributed to the problem multiple times and killed it. I was just smart enough to fold in Jan 04 on my most vulnerable properties.

[Multiplepropertyowner]

Dear Bugs,
“30% of the threads don’t involve the real estate market.”

What are you talking about. There are currently 3500 topics posted to this discussion. The next closest is 450. This entire site is about the real estate market. I have not heard Rich on NPR talking about gold futures. This site is housing market driven. And you can’t tell me that there is a major bias to this site. All I am saying is that those who gloat on the tanking housing market need to think twice.
And to your point “we were right, they were wrong, deal with it.” The only people that were wrong were the group of folks who just happened to buy in late 04/05. I contributed to the problem multiple times and killed it. I was just smart enough to fold in Jan 04 on my most vulnerable properties.

[NotCranky]

I hope there is no e-balling going on around here. Whatever that is?

[NotCranky]

I hope there is no e-balling going on around here. Whatever that is?

[NotCranky]

I hope there is no e-balling going on around here. Whatever that is?

[NotCranky]

I hope there is no e-balling going on around here. Whatever that is?

[Author]

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