[gandalf]

aff, that’s ‘Post of the Month’ right there. Whenever you decide to run for office, you got my vote. I’ll even help you — gasp, raise money… <ha,ha>

Yeah, I care now. I didn’t used to. But I do now. We’re turning this ship around.

BTW, what was this ‘S&L Crisis’ thing? How old are you, anyway?

[gandalf]

aff, that’s ‘Post of the Month’ right there. Whenever you decide to run for office, you got my vote. I’ll even help you — gasp, raise money… <ha,ha>

Yeah, I care now. I didn’t used to. But I do now. We’re turning this ship around.

BTW, what was this ‘S&L Crisis’ thing? How old are you, anyway?

[gandalf]

aff, that’s ‘Post of the Month’ right there. Whenever you decide to run for office, you got my vote. I’ll even help you — gasp, raise money… <ha,ha>

Yeah, I care now. I didn’t used to. But I do now. We’re turning this ship around.

BTW, what was this ‘S&L Crisis’ thing? How old are you, anyway?

[gandalf]

aff, that’s ‘Post of the Month’ right there. Whenever you decide to run for office, you got my vote. I’ll even help you — gasp, raise money… <ha,ha>

Yeah, I care now. I didn’t used to. But I do now. We’re turning this ship around.

BTW, what was this ‘S&L Crisis’ thing? How old are you, anyway?

[gandalf]

aff, that’s ‘Post of the Month’ right there. Whenever you decide to run for office, you got my vote. I’ll even help you — gasp, raise money… <ha,ha>

Yeah, I care now. I didn’t used to. But I do now. We’re turning this ship around.

BTW, what was this ‘S&L Crisis’ thing? How old are you, anyway?

[gandalf]

aff, davelj really good discussion. I tend to think the problems in FIRE aren’t just ‘structural’, or alignment of risk, etc. There is a strong component of all this that is 100% criminal and fraudulent and people need to go to jail.

sddave: Lots of good people on this site. Some goofballs too, partisan hacks, but on balance it’s a good place. These days, you can tell the GOP goobers because they want everything to be about Obama.

This Cramer-Stewart thing, whatever you think of Stewart — isn’t about Obama to the general public. It’s about the economic Katrina of our time, and CNBC, the financial news shows, these butt-clown market-talkers talking up the bubble/fraud, all the while KNOWING FULL WELL it was going to blow up. They had no integrity, no sense of honesty, no responsibility, no sense of shame. They deserve everything they’re getting here.

Perhaps you’re being sincere in making some point about John Stewart and so-called liberal media bias, but the larger arc of this ‘event’ is about these Wall Street fuckers and how much the American people despise them.

Pivoting off on Obama just makes you sound like the ranting fringe ‘clown patrol’ that is the modern GOP. Even McCain’s daughter has had enough, teeing off on Ann Coulter, which is long overdue BTW. Honestly, I wish the moderates in the GOP would reassert control, kick these extremist jackass Limbaugh-types out of the party. Nobody likes them anymore.

[gandalf]

aff, davelj really good discussion. I tend to think the problems in FIRE aren’t just ‘structural’, or alignment of risk, etc. There is a strong component of all this that is 100% criminal and fraudulent and people need to go to jail.

sddave: Lots of good people on this site. Some goofballs too, partisan hacks, but on balance it’s a good place. These days, you can tell the GOP goobers because they want everything to be about Obama.

This Cramer-Stewart thing, whatever you think of Stewart — isn’t about Obama to the general public. It’s about the economic Katrina of our time, and CNBC, the financial news shows, these butt-clown market-talkers talking up the bubble/fraud, all the while KNOWING FULL WELL it was going to blow up. They had no integrity, no sense of honesty, no responsibility, no sense of shame. They deserve everything they’re getting here.

Perhaps you’re being sincere in making some point about John Stewart and so-called liberal media bias, but the larger arc of this ‘event’ is about these Wall Street fuckers and how much the American people despise them.

Pivoting off on Obama just makes you sound like the ranting fringe ‘clown patrol’ that is the modern GOP. Even McCain’s daughter has had enough, teeing off on Ann Coulter, which is long overdue BTW. Honestly, I wish the moderates in the GOP would reassert control, kick these extremist jackass Limbaugh-types out of the party. Nobody likes them anymore.

[gandalf]

aff, davelj really good discussion. I tend to think the problems in FIRE aren’t just ‘structural’, or alignment of risk, etc. There is a strong component of all this that is 100% criminal and fraudulent and people need to go to jail.

sddave: Lots of good people on this site. Some goofballs too, partisan hacks, but on balance it’s a good place. These days, you can tell the GOP goobers because they want everything to be about Obama.

This Cramer-Stewart thing, whatever you think of Stewart — isn’t about Obama to the general public. It’s about the economic Katrina of our time, and CNBC, the financial news shows, these butt-clown market-talkers talking up the bubble/fraud, all the while KNOWING FULL WELL it was going to blow up. They had no integrity, no sense of honesty, no responsibility, no sense of shame. They deserve everything they’re getting here.

Perhaps you’re being sincere in making some point about John Stewart and so-called liberal media bias, but the larger arc of this ‘event’ is about these Wall Street fuckers and how much the American people despise them.

Pivoting off on Obama just makes you sound like the ranting fringe ‘clown patrol’ that is the modern GOP. Even McCain’s daughter has had enough, teeing off on Ann Coulter, which is long overdue BTW. Honestly, I wish the moderates in the GOP would reassert control, kick these extremist jackass Limbaugh-types out of the party. Nobody likes them anymore.

[gandalf]

aff, davelj really good discussion. I tend to think the problems in FIRE aren’t just ‘structural’, or alignment of risk, etc. There is a strong component of all this that is 100% criminal and fraudulent and people need to go to jail.

sddave: Lots of good people on this site. Some goofballs too, partisan hacks, but on balance it’s a good place. These days, you can tell the GOP goobers because they want everything to be about Obama.

This Cramer-Stewart thing, whatever you think of Stewart — isn’t about Obama to the general public. It’s about the economic Katrina of our time, and CNBC, the financial news shows, these butt-clown market-talkers talking up the bubble/fraud, all the while KNOWING FULL WELL it was going to blow up. They had no integrity, no sense of honesty, no responsibility, no sense of shame. They deserve everything they’re getting here.

Perhaps you’re being sincere in making some point about John Stewart and so-called liberal media bias, but the larger arc of this ‘event’ is about these Wall Street fuckers and how much the American people despise them.

Pivoting off on Obama just makes you sound like the ranting fringe ‘clown patrol’ that is the modern GOP. Even McCain’s daughter has had enough, teeing off on Ann Coulter, which is long overdue BTW. Honestly, I wish the moderates in the GOP would reassert control, kick these extremist jackass Limbaugh-types out of the party. Nobody likes them anymore.

[gandalf]

aff, davelj really good discussion. I tend to think the problems in FIRE aren’t just ‘structural’, or alignment of risk, etc. There is a strong component of all this that is 100% criminal and fraudulent and people need to go to jail.

sddave: Lots of good people on this site. Some goofballs too, partisan hacks, but on balance it’s a good place. These days, you can tell the GOP goobers because they want everything to be about Obama.

This Cramer-Stewart thing, whatever you think of Stewart — isn’t about Obama to the general public. It’s about the economic Katrina of our time, and CNBC, the financial news shows, these butt-clown market-talkers talking up the bubble/fraud, all the while KNOWING FULL WELL it was going to blow up. They had no integrity, no sense of honesty, no responsibility, no sense of shame. They deserve everything they’re getting here.

Perhaps you’re being sincere in making some point about John Stewart and so-called liberal media bias, but the larger arc of this ‘event’ is about these Wall Street fuckers and how much the American people despise them.

Pivoting off on Obama just makes you sound like the ranting fringe ‘clown patrol’ that is the modern GOP. Even McCain’s daughter has had enough, teeing off on Ann Coulter, which is long overdue BTW. Honestly, I wish the moderates in the GOP would reassert control, kick these extremist jackass Limbaugh-types out of the party. Nobody likes them anymore.

[gandalf]

I disagree about the direction of housing. This gets worse before it gets better, across the board, and into 2010. Historic unemployment is the driving factor at this point. Widespread job losses and wage deflation, terrible delinquency and foreclosure rates, a wave of prime resets still to come, large shadow inventory, tight credit and failing banks — all of it points to continued downward pressure on housing.

Overall, the banking/financial industry now overshadows real estate as the primary concern, situation is precarious and could lead to currency failures in the next 6-12 months. If the dollar goes up in smoke, what happens to interest rates, cash positions and dollar-denominated assets, pensions and retirement savings, business operations, inventories, employment rates, etc?

Anyone care to predict what happens to housing at that point?

[gandalf]

I disagree about the direction of housing. This gets worse before it gets better, across the board, and into 2010. Historic unemployment is the driving factor at this point. Widespread job losses and wage deflation, terrible delinquency and foreclosure rates, a wave of prime resets still to come, large shadow inventory, tight credit and failing banks — all of it points to continued downward pressure on housing.

Overall, the banking/financial industry now overshadows real estate as the primary concern, situation is precarious and could lead to currency failures in the next 6-12 months. If the dollar goes up in smoke, what happens to interest rates, cash positions and dollar-denominated assets, pensions and retirement savings, business operations, inventories, employment rates, etc?

Anyone care to predict what happens to housing at that point?

[gandalf]

I disagree about the direction of housing. This gets worse before it gets better, across the board, and into 2010. Historic unemployment is the driving factor at this point. Widespread job losses and wage deflation, terrible delinquency and foreclosure rates, a wave of prime resets still to come, large shadow inventory, tight credit and failing banks — all of it points to continued downward pressure on housing.

Overall, the banking/financial industry now overshadows real estate as the primary concern, situation is precarious and could lead to currency failures in the next 6-12 months. If the dollar goes up in smoke, what happens to interest rates, cash positions and dollar-denominated assets, pensions and retirement savings, business operations, inventories, employment rates, etc?

Anyone care to predict what happens to housing at that point?

[gandalf]

I disagree about the direction of housing. This gets worse before it gets better, across the board, and into 2010. Historic unemployment is the driving factor at this point. Widespread job losses and wage deflation, terrible delinquency and foreclosure rates, a wave of prime resets still to come, large shadow inventory, tight credit and failing banks — all of it points to continued downward pressure on housing.

Overall, the banking/financial industry now overshadows real estate as the primary concern, situation is precarious and could lead to currency failures in the next 6-12 months. If the dollar goes up in smoke, what happens to interest rates, cash positions and dollar-denominated assets, pensions and retirement savings, business operations, inventories, employment rates, etc?

Anyone care to predict what happens to housing at that point?

[gandalf]

I disagree about the direction of housing. This gets worse before it gets better, across the board, and into 2010. Historic unemployment is the driving factor at this point. Widespread job losses and wage deflation, terrible delinquency and foreclosure rates, a wave of prime resets still to come, large shadow inventory, tight credit and failing banks — all of it points to continued downward pressure on housing.

Overall, the banking/financial industry now overshadows real estate as the primary concern, situation is precarious and could lead to currency failures in the next 6-12 months. If the dollar goes up in smoke, what happens to interest rates, cash positions and dollar-denominated assets, pensions and retirement savings, business operations, inventories, employment rates, etc?

Anyone care to predict what happens to housing at that point?

[Author]

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