The greatest theft in American history…

[aldante]

People pointing out and agreeing with theft is not doom and gloom. Doom and gloom is believing Nostradamus’ predictions are right or that the Mayan calendar says that this all ends in 2012 or whatever.
Or doom and gloom could be any prediction not based with any evidence.
We have been robbed. If you choose to ignore it I would call that “pollyanna” in the face of reality.
When reality sucks – that is not doom and gloom. It just means if you accept reality….you get to choose to do something or sit on your ass and do nothing. Your choice.

[Rt.66]

[quote=waiting for bottom]Do you guys ever get tired of the constant gloom and doom talk? I don’t come here as much as I used to because it’s so depressing. Maybe ignorance is bliss but you guys really go overboard. Enjoy life![/quote]

Human nature is Too Funny!

Maybe the thread “Waiting for Bottom in Escrow” http://piggington.com/waiting_for_bottom_in_escrow can tell us why posts negative to RE would be percieved as doom and gloom to someone “waiting for bottom”?

News flash; most actual news of the RE market is going to be doom and gllom for some time to come (except for NAR pumping). So you may need to find a “Knife Catchers” forum if you are looking for comforting threads on why your recent purchase will not result in a huge loss.

“Kinfe Catchers Still Out There – Rancho Dorado
User Forum Topic
Submitted by waiting for bottom on March 3, 2009 – 12:55pm
http://www.sdlookup.com/MLS-080043783-21…

This is a very nice house – just not at 15% above 2003 prices and when there are 4 other houses on the same street selling for 150-200K less.

What are some people thinking?????” http://piggington.com/kinfe_catchers_still_out_there_rancho_dorado

Now maybe some are wondering what you were thinking and the shoe finds itself on the other foot?

Pooh-poohing good read articles like Arraya posted is not going to make the bad news go away.

[Rt.66]

[quote=waiting for bottom]Do you guys ever get tired of the constant gloom and doom talk? I don’t come here as much as I used to because it’s so depressing. Maybe ignorance is bliss but you guys really go overboard. Enjoy life![/quote]

Human nature is Too Funny!

Maybe the thread “Waiting for Bottom in Escrow” http://piggington.com/waiting_for_bottom_in_escrow can tell us why posts negative to RE would be percieved as doom and gloom to someone “waiting for bottom”?

News flash; most actual news of the RE market is going to be doom and gllom for some time to come (except for NAR pumping). So you may need to find a “Knife Catchers” forum if you are looking for comforting threads on why your recent purchase will not result in a huge loss.

“Kinfe Catchers Still Out There – Rancho Dorado
User Forum Topic
Submitted by waiting for bottom on March 3, 2009 – 12:55pm
http://www.sdlookup.com/MLS-080043783-21…

This is a very nice house – just not at 15% above 2003 prices and when there are 4 other houses on the same street selling for 150-200K less.

What are some people thinking?????” http://piggington.com/kinfe_catchers_still_out_there_rancho_dorado

Now maybe some are wondering what you were thinking and the shoe finds itself on the other foot?

Pooh-poohing good read articles like Arraya posted is not going to make the bad news go away.

[Rt.66]

[quote=waiting for bottom]Do you guys ever get tired of the constant gloom and doom talk? I don’t come here as much as I used to because it’s so depressing. Maybe ignorance is bliss but you guys really go overboard. Enjoy life![/quote]

Human nature is Too Funny!

Maybe the thread “Waiting for Bottom in Escrow” http://piggington.com/waiting_for_bottom_in_escrow can tell us why posts negative to RE would be percieved as doom and gloom to someone “waiting for bottom”?

News flash; most actual news of the RE market is going to be doom and gllom for some time to come (except for NAR pumping). So you may need to find a “Knife Catchers” forum if you are looking for comforting threads on why your recent purchase will not result in a huge loss.

“Kinfe Catchers Still Out There – Rancho Dorado
User Forum Topic
Submitted by waiting for bottom on March 3, 2009 – 12:55pm
http://www.sdlookup.com/MLS-080043783-21…

This is a very nice house – just not at 15% above 2003 prices and when there are 4 other houses on the same street selling for 150-200K less.

What are some people thinking?????” http://piggington.com/kinfe_catchers_still_out_there_rancho_dorado

Now maybe some are wondering what you were thinking and the shoe finds itself on the other foot?

Pooh-poohing good read articles like Arraya posted is not going to make the bad news go away.

[Rt.66]

[quote=waiting for bottom]Do you guys ever get tired of the constant gloom and doom talk? I don’t come here as much as I used to because it’s so depressing. Maybe ignorance is bliss but you guys really go overboard. Enjoy life![/quote]

Human nature is Too Funny!

Maybe the thread “Waiting for Bottom in Escrow” http://piggington.com/waiting_for_bottom_in_escrow can tell us why posts negative to RE would be percieved as doom and gloom to someone “waiting for bottom”?

News flash; most actual news of the RE market is going to be doom and gllom for some time to come (except for NAR pumping). So you may need to find a “Knife Catchers” forum if you are looking for comforting threads on why your recent purchase will not result in a huge loss.

“Kinfe Catchers Still Out There – Rancho Dorado
User Forum Topic
Submitted by waiting for bottom on March 3, 2009 – 12:55pm
http://www.sdlookup.com/MLS-080043783-21…

This is a very nice house – just not at 15% above 2003 prices and when there are 4 other houses on the same street selling for 150-200K less.

What are some people thinking?????” http://piggington.com/kinfe_catchers_still_out_there_rancho_dorado

Now maybe some are wondering what you were thinking and the shoe finds itself on the other foot?

Pooh-poohing good read articles like Arraya posted is not going to make the bad news go away.

[Rt.66]

[quote=waiting for bottom]Do you guys ever get tired of the constant gloom and doom talk? I don’t come here as much as I used to because it’s so depressing. Maybe ignorance is bliss but you guys really go overboard. Enjoy life![/quote]

Human nature is Too Funny!

Maybe the thread “Waiting for Bottom in Escrow” http://piggington.com/waiting_for_bottom_in_escrow can tell us why posts negative to RE would be percieved as doom and gloom to someone “waiting for bottom”?

News flash; most actual news of the RE market is going to be doom and gllom for some time to come (except for NAR pumping). So you may need to find a “Knife Catchers” forum if you are looking for comforting threads on why your recent purchase will not result in a huge loss.

“Kinfe Catchers Still Out There – Rancho Dorado
User Forum Topic
Submitted by waiting for bottom on March 3, 2009 – 12:55pm
http://www.sdlookup.com/MLS-080043783-21…

This is a very nice house – just not at 15% above 2003 prices and when there are 4 other houses on the same street selling for 150-200K less.

What are some people thinking?????” http://piggington.com/kinfe_catchers_still_out_there_rancho_dorado

Now maybe some are wondering what you were thinking and the shoe finds itself on the other foot?

Pooh-poohing good read articles like Arraya posted is not going to make the bad news go away.

[Rt.66]

This is an article everyone interested in RE values should read. It certainly falls into the doom and gloom catagory, but its hard to fight the reasoning IMO.

http://europe.theoildrum.com/node/5917

Lot’s of charts drive the points home, we are in an historically difficult situation.

Without real jobs I can’t see the US pullling up from this plunge without the pain discribed. Where will the jobs come from? The fake FIRE jobs are disappearing at break-neck speed and the American people have no sense of job protection/support anymore.

RE has a lot farther to fall. If you don’t know that then you are just like the folks during the great depression who fell for the sucker rallies. Yet probably even more blind, as we all now have easy access to the facts and figures underlining the deterioration of the still over-priced RE foundation.

Or, are you one of the folks that believe the greatest bubble in history will not follow the path of every other bubble?

[Rt.66]

This is an article everyone interested in RE values should read. It certainly falls into the doom and gloom catagory, but its hard to fight the reasoning IMO.

http://europe.theoildrum.com/node/5917

Lot’s of charts drive the points home, we are in an historically difficult situation.

Without real jobs I can’t see the US pullling up from this plunge without the pain discribed. Where will the jobs come from? The fake FIRE jobs are disappearing at break-neck speed and the American people have no sense of job protection/support anymore.

RE has a lot farther to fall. If you don’t know that then you are just like the folks during the great depression who fell for the sucker rallies. Yet probably even more blind, as we all now have easy access to the facts and figures underlining the deterioration of the still over-priced RE foundation.

Or, are you one of the folks that believe the greatest bubble in history will not follow the path of every other bubble?

[Rt.66]

This is an article everyone interested in RE values should read. It certainly falls into the doom and gloom catagory, but its hard to fight the reasoning IMO.

http://europe.theoildrum.com/node/5917

Lot’s of charts drive the points home, we are in an historically difficult situation.

Without real jobs I can’t see the US pullling up from this plunge without the pain discribed. Where will the jobs come from? The fake FIRE jobs are disappearing at break-neck speed and the American people have no sense of job protection/support anymore.

RE has a lot farther to fall. If you don’t know that then you are just like the folks during the great depression who fell for the sucker rallies. Yet probably even more blind, as we all now have easy access to the facts and figures underlining the deterioration of the still over-priced RE foundation.

Or, are you one of the folks that believe the greatest bubble in history will not follow the path of every other bubble?

[Rt.66]

This is an article everyone interested in RE values should read. It certainly falls into the doom and gloom catagory, but its hard to fight the reasoning IMO.

http://europe.theoildrum.com/node/5917

Lot’s of charts drive the points home, we are in an historically difficult situation.

Without real jobs I can’t see the US pullling up from this plunge without the pain discribed. Where will the jobs come from? The fake FIRE jobs are disappearing at break-neck speed and the American people have no sense of job protection/support anymore.

RE has a lot farther to fall. If you don’t know that then you are just like the folks during the great depression who fell for the sucker rallies. Yet probably even more blind, as we all now have easy access to the facts and figures underlining the deterioration of the still over-priced RE foundation.

Or, are you one of the folks that believe the greatest bubble in history will not follow the path of every other bubble?

[Rt.66]

This is an article everyone interested in RE values should read. It certainly falls into the doom and gloom catagory, but its hard to fight the reasoning IMO.

http://europe.theoildrum.com/node/5917

Lot’s of charts drive the points home, we are in an historically difficult situation.

Without real jobs I can’t see the US pullling up from this plunge without the pain discribed. Where will the jobs come from? The fake FIRE jobs are disappearing at break-neck speed and the American people have no sense of job protection/support anymore.

RE has a lot farther to fall. If you don’t know that then you are just like the folks during the great depression who fell for the sucker rallies. Yet probably even more blind, as we all now have easy access to the facts and figures underlining the deterioration of the still over-priced RE foundation.

Or, are you one of the folks that believe the greatest bubble in history will not follow the path of every other bubble?

[NotCranky]

Blaming anyone’s more bullish attitudes on buying a house doesn’t work all the time and may or may not apply to WFB.How do you know? Why can’t they have an opinion on doom and gloom the same as you can? Many of us have owned houses continuously since joining this forum years ago. I owned a house continuously and predicted a 45-50% loss in mostly nominal terms and I predicted that much of it would happen fast. If it doesn’t get quite to 50% should we blame it on the fact that I own a house? Now I think the previous lows generally speaking are the bottom. O.K. it’s because I own a house, soon to be two. Try to argue better like you expect other people to.

[NotCranky]

Blaming anyone’s more bullish attitudes on buying a house doesn’t work all the time and may or may not apply to WFB.How do you know? Why can’t they have an opinion on doom and gloom the same as you can? Many of us have owned houses continuously since joining this forum years ago. I owned a house continuously and predicted a 45-50% loss in mostly nominal terms and I predicted that much of it would happen fast. If it doesn’t get quite to 50% should we blame it on the fact that I own a house? Now I think the previous lows generally speaking are the bottom. O.K. it’s because I own a house, soon to be two. Try to argue better like you expect other people to.

[NotCranky]

Blaming anyone’s more bullish attitudes on buying a house doesn’t work all the time and may or may not apply to WFB.How do you know? Why can’t they have an opinion on doom and gloom the same as you can? Many of us have owned houses continuously since joining this forum years ago. I owned a house continuously and predicted a 45-50% loss in mostly nominal terms and I predicted that much of it would happen fast. If it doesn’t get quite to 50% should we blame it on the fact that I own a house? Now I think the previous lows generally speaking are the bottom. O.K. it’s because I own a house, soon to be two. Try to argue better like you expect other people to.

[NotCranky]

Blaming anyone’s more bullish attitudes on buying a house doesn’t work all the time and may or may not apply to WFB.How do you know? Why can’t they have an opinion on doom and gloom the same as you can? Many of us have owned houses continuously since joining this forum years ago. I owned a house continuously and predicted a 45-50% loss in mostly nominal terms and I predicted that much of it would happen fast. If it doesn’t get quite to 50% should we blame it on the fact that I own a house? Now I think the previous lows generally speaking are the bottom. O.K. it’s because I own a house, soon to be two. Try to argue better like you expect other people to.

[Author]

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