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August 10, 2009 at 11:57 AM in reply to: Have you ever considered installing artificial grass? #443404August 10, 2009 at 11:57 AM in reply to: Have you ever considered installing artificial grass? #443742
CricketOnTheHearth
ParticipantU-T had a nice article on xeri-grasses (low-thirst grasses). There are several native species of grasses and grassy-looking sedges which make nice-looking “lawns” and only need water once a week (sometimes less) once established.
Check out the article, very interesting.
August 10, 2009 at 11:57 AM in reply to: Have you ever considered installing artificial grass? #443810CricketOnTheHearth
ParticipantU-T had a nice article on xeri-grasses (low-thirst grasses). There are several native species of grasses and grassy-looking sedges which make nice-looking “lawns” and only need water once a week (sometimes less) once established.
Check out the article, very interesting.
August 10, 2009 at 11:57 AM in reply to: Have you ever considered installing artificial grass? #443989CricketOnTheHearth
ParticipantU-T had a nice article on xeri-grasses (low-thirst grasses). There are several native species of grasses and grassy-looking sedges which make nice-looking “lawns” and only need water once a week (sometimes less) once established.
Check out the article, very interesting.
CricketOnTheHearth
ParticipantOh yeah!
That ‘un’s a classic!
I guess what I needed drummed into my head is that the *responsibility* for the mortgages is also divided into teeny tiny bits… the people managing (servicing) them have absolutely no skin in the game.
CricketOnTheHearth
ParticipantOh yeah!
That ‘un’s a classic!
I guess what I needed drummed into my head is that the *responsibility* for the mortgages is also divided into teeny tiny bits… the people managing (servicing) them have absolutely no skin in the game.
CricketOnTheHearth
ParticipantOh yeah!
That ‘un’s a classic!
I guess what I needed drummed into my head is that the *responsibility* for the mortgages is also divided into teeny tiny bits… the people managing (servicing) them have absolutely no skin in the game.
CricketOnTheHearth
ParticipantOh yeah!
That ‘un’s a classic!
I guess what I needed drummed into my head is that the *responsibility* for the mortgages is also divided into teeny tiny bits… the people managing (servicing) them have absolutely no skin in the game.
CricketOnTheHearth
ParticipantOh yeah!
That ‘un’s a classic!
I guess what I needed drummed into my head is that the *responsibility* for the mortgages is also divided into teeny tiny bits… the people managing (servicing) them have absolutely no skin in the game.
CricketOnTheHearth
ParticipantQuerty007, I agree– it looks more like “trying to fly through the storm on a lie and a prayer” hoping to not utterly crash the economy.
It seems to me what we need is a one-time “special” legislation that allows the banks to mark all the assets on their books to market, then take the differenct and “evaporate” it w/o having to show it as a loss on their books… thus staying “solvent”. Pure chicanery, I know, but the alternative looks like a bomb crater where the economy used to be.
This marking-to-market might have the salutary side effect of resulting in houses being valuated at prices that buyers can actually pay with sane mortgages, thereby unlocking the housing market too.
Great post, thanks for putting this up.
CricketOnTheHearth
ParticipantQuerty007, I agree– it looks more like “trying to fly through the storm on a lie and a prayer” hoping to not utterly crash the economy.
It seems to me what we need is a one-time “special” legislation that allows the banks to mark all the assets on their books to market, then take the differenct and “evaporate” it w/o having to show it as a loss on their books… thus staying “solvent”. Pure chicanery, I know, but the alternative looks like a bomb crater where the economy used to be.
This marking-to-market might have the salutary side effect of resulting in houses being valuated at prices that buyers can actually pay with sane mortgages, thereby unlocking the housing market too.
Great post, thanks for putting this up.
CricketOnTheHearth
ParticipantQuerty007, I agree– it looks more like “trying to fly through the storm on a lie and a prayer” hoping to not utterly crash the economy.
It seems to me what we need is a one-time “special” legislation that allows the banks to mark all the assets on their books to market, then take the differenct and “evaporate” it w/o having to show it as a loss on their books… thus staying “solvent”. Pure chicanery, I know, but the alternative looks like a bomb crater where the economy used to be.
This marking-to-market might have the salutary side effect of resulting in houses being valuated at prices that buyers can actually pay with sane mortgages, thereby unlocking the housing market too.
Great post, thanks for putting this up.
CricketOnTheHearth
ParticipantQuerty007, I agree– it looks more like “trying to fly through the storm on a lie and a prayer” hoping to not utterly crash the economy.
It seems to me what we need is a one-time “special” legislation that allows the banks to mark all the assets on their books to market, then take the differenct and “evaporate” it w/o having to show it as a loss on their books… thus staying “solvent”. Pure chicanery, I know, but the alternative looks like a bomb crater where the economy used to be.
This marking-to-market might have the salutary side effect of resulting in houses being valuated at prices that buyers can actually pay with sane mortgages, thereby unlocking the housing market too.
Great post, thanks for putting this up.
CricketOnTheHearth
ParticipantQuerty007, I agree– it looks more like “trying to fly through the storm on a lie and a prayer” hoping to not utterly crash the economy.
It seems to me what we need is a one-time “special” legislation that allows the banks to mark all the assets on their books to market, then take the differenct and “evaporate” it w/o having to show it as a loss on their books… thus staying “solvent”. Pure chicanery, I know, but the alternative looks like a bomb crater where the economy used to be.
This marking-to-market might have the salutary side effect of resulting in houses being valuated at prices that buyers can actually pay with sane mortgages, thereby unlocking the housing market too.
Great post, thanks for putting this up.
CricketOnTheHearth
ParticipantDWCAP, here’s a Doc Ock tentacle to justify your spidey-sense tingle:
“If we look at the fundamentals of the S&P 500 we find a grim reality:
… That is right. At the end of last month the P/E ratio for the S&P 500 was 134! That is not cheap by any stretch of the imagination. When you put this on a chart it literally flies off the paper
…
(comment on graph: Who needs a man on the moon when we have the PE going there)”
–Dr. Housing Bubble (Scroll down)This was just a couple weeks ago. According to Dr HB’s chart, normal S&P 500 P/E ratios are historically 17 to 47. Now its up to 700??? Just unreal.
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