[aldante]

” Our Government, headed by Barrack Obama pushed aside contract law and bankruptcy law for their own agenda of paying back the UAW for all the contributions to Obama’s campaign for election. Why is this a pivotal moment? ”

I think that it goes a step beyond. If a whole group of people – in this case the UAW and their families – are “protected” from big bad bankrupcy law their alligence is to their protector, not the laws. If a personality can get this allegence from a large group of people then he can use that groups alligance to create whole new set of guiding principles. If you look at how the brownshrits and stormtroopers were created during the Weimar republic it is very similar. In both cases the law was cast aside to prevent a worse “crisis”. Is Obama’s goal only to get votes? You tell me……….

[aldante]

” Our Government, headed by Barrack Obama pushed aside contract law and bankruptcy law for their own agenda of paying back the UAW for all the contributions to Obama’s campaign for election. Why is this a pivotal moment? ”

I think that it goes a step beyond. If a whole group of people – in this case the UAW and their families – are “protected” from big bad bankrupcy law their alligence is to their protector, not the laws. If a personality can get this allegence from a large group of people then he can use that groups alligance to create whole new set of guiding principles. If you look at how the brownshrits and stormtroopers were created during the Weimar republic it is very similar. In both cases the law was cast aside to prevent a worse “crisis”. Is Obama’s goal only to get votes? You tell me……….

[aldante]

” Our Government, headed by Barrack Obama pushed aside contract law and bankruptcy law for their own agenda of paying back the UAW for all the contributions to Obama’s campaign for election. Why is this a pivotal moment? ”

I think that it goes a step beyond. If a whole group of people – in this case the UAW and their families – are “protected” from big bad bankrupcy law their alligence is to their protector, not the laws. If a personality can get this allegence from a large group of people then he can use that groups alligance to create whole new set of guiding principles. If you look at how the brownshrits and stormtroopers were created during the Weimar republic it is very similar. In both cases the law was cast aside to prevent a worse “crisis”. Is Obama’s goal only to get votes? You tell me……….

[aldante]

Any experts here disagree with this statment in the article:
“But sales are nowhere near robust in a historical context especially when considering that median house prices are down 44% from the peak and rates are at historic lows. If this market was truly on the mend, sales would be much higher especially now, during the peak season. Sales actually dropped 10% from April to May.”

That was from the fieldcheckgroup article posted by peterb.

[aldante]

Any experts here disagree with this statment in the article:
“But sales are nowhere near robust in a historical context especially when considering that median house prices are down 44% from the peak and rates are at historic lows. If this market was truly on the mend, sales would be much higher especially now, during the peak season. Sales actually dropped 10% from April to May.”

That was from the fieldcheckgroup article posted by peterb.

[aldante]

Any experts here disagree with this statment in the article:
“But sales are nowhere near robust in a historical context especially when considering that median house prices are down 44% from the peak and rates are at historic lows. If this market was truly on the mend, sales would be much higher especially now, during the peak season. Sales actually dropped 10% from April to May.”

That was from the fieldcheckgroup article posted by peterb.

[aldante]

Any experts here disagree with this statment in the article:
“But sales are nowhere near robust in a historical context especially when considering that median house prices are down 44% from the peak and rates are at historic lows. If this market was truly on the mend, sales would be much higher especially now, during the peak season. Sales actually dropped 10% from April to May.”

That was from the fieldcheckgroup article posted by peterb.

[aldante]

Any experts here disagree with this statment in the article:
“But sales are nowhere near robust in a historical context especially when considering that median house prices are down 44% from the peak and rates are at historic lows. If this market was truly on the mend, sales would be much higher especially now, during the peak season. Sales actually dropped 10% from April to May.”

That was from the fieldcheckgroup article posted by peterb.

[aldante]

[quote=denverite]Although I don’t live in SD, I do speak with a resident of North County. The prevailing belief seems to be that RE prices are and will remain stable, and perhaps rise. There does not seem to be any kind of panic. Additionally, the rate of job turnover (household moves required) is exceedingly low. It seems that most people are just hulkering down and trying to wait out the job and housing recession, therefore, no must-sell organic inventory.[/quote]

Sorry but any analysis that has “organinc” anything is completely suspect (IMHO) for north county real estate. From my observations there is huge amounts of “shadow inventory” in North County – supported only by the bailout. In a way North County San Diego homeowners are the uppercrust of welfare recipients.
See http://piggington.com/who039s_getting_the_really_good_prices
It is well documented (and forcefully defended by some on this board) that the real market is nothing we mortals ever get to see. If that is the case…..then “logic” or “organic” do not have any credibility. It is who you know…when you know them…. all IMHO of course.

[aldante]

[quote=denverite]Although I don’t live in SD, I do speak with a resident of North County. The prevailing belief seems to be that RE prices are and will remain stable, and perhaps rise. There does not seem to be any kind of panic. Additionally, the rate of job turnover (household moves required) is exceedingly low. It seems that most people are just hulkering down and trying to wait out the job and housing recession, therefore, no must-sell organic inventory.[/quote]

Sorry but any analysis that has “organinc” anything is completely suspect (IMHO) for north county real estate. From my observations there is huge amounts of “shadow inventory” in North County – supported only by the bailout. In a way North County San Diego homeowners are the uppercrust of welfare recipients.
See http://piggington.com/who039s_getting_the_really_good_prices
It is well documented (and forcefully defended by some on this board) that the real market is nothing we mortals ever get to see. If that is the case…..then “logic” or “organic” do not have any credibility. It is who you know…when you know them…. all IMHO of course.

[aldante]

[quote=denverite]Although I don’t live in SD, I do speak with a resident of North County. The prevailing belief seems to be that RE prices are and will remain stable, and perhaps rise. There does not seem to be any kind of panic. Additionally, the rate of job turnover (household moves required) is exceedingly low. It seems that most people are just hulkering down and trying to wait out the job and housing recession, therefore, no must-sell organic inventory.[/quote]

Sorry but any analysis that has “organinc” anything is completely suspect (IMHO) for north county real estate. From my observations there is huge amounts of “shadow inventory” in North County – supported only by the bailout. In a way North County San Diego homeowners are the uppercrust of welfare recipients.
See http://piggington.com/who039s_getting_the_really_good_prices
It is well documented (and forcefully defended by some on this board) that the real market is nothing we mortals ever get to see. If that is the case…..then “logic” or “organic” do not have any credibility. It is who you know…when you know them…. all IMHO of course.

[aldante]

[quote=denverite]Although I don’t live in SD, I do speak with a resident of North County. The prevailing belief seems to be that RE prices are and will remain stable, and perhaps rise. There does not seem to be any kind of panic. Additionally, the rate of job turnover (household moves required) is exceedingly low. It seems that most people are just hulkering down and trying to wait out the job and housing recession, therefore, no must-sell organic inventory.[/quote]

Sorry but any analysis that has “organinc” anything is completely suspect (IMHO) for north county real estate. From my observations there is huge amounts of “shadow inventory” in North County – supported only by the bailout. In a way North County San Diego homeowners are the uppercrust of welfare recipients.
See http://piggington.com/who039s_getting_the_really_good_prices
It is well documented (and forcefully defended by some on this board) that the real market is nothing we mortals ever get to see. If that is the case…..then “logic” or “organic” do not have any credibility. It is who you know…when you know them…. all IMHO of course.

[aldante]

[quote=denverite]Although I don’t live in SD, I do speak with a resident of North County. The prevailing belief seems to be that RE prices are and will remain stable, and perhaps rise. There does not seem to be any kind of panic. Additionally, the rate of job turnover (household moves required) is exceedingly low. It seems that most people are just hulkering down and trying to wait out the job and housing recession, therefore, no must-sell organic inventory.[/quote]

Sorry but any analysis that has “organinc” anything is completely suspect (IMHO) for north county real estate. From my observations there is huge amounts of “shadow inventory” in North County – supported only by the bailout. In a way North County San Diego homeowners are the uppercrust of welfare recipients.
See http://piggington.com/who039s_getting_the_really_good_prices
It is well documented (and forcefully defended by some on this board) that the real market is nothing we mortals ever get to see. If that is the case…..then “logic” or “organic” do not have any credibility. It is who you know…when you know them…. all IMHO of course.

[aldante]

You guys are so uptight……………….houses for everyone…..it says it is our right in the constitution……..in fact my right to happines demands that I should have two houses……..one in La Jolla overlooking the ocean……….one in Washington to watch the circus.

[aldante]

You guys are so uptight……………….houses for everyone…..it says it is our right in the constitution……..in fact my right to happines demands that I should have two houses……..one in La Jolla overlooking the ocean……….one in Washington to watch the circus.

[Author]

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