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March 14, 2009 at 7:39 AM in reply to: Jim Cramer gets Pounded by John Stewart on the Daily Show #365785
gromit
Participant[quote=AN][quote=gromit]ROFL!!! You’re kidding, right??!! This website is the LAST place I’d expect to see that argument!!
[/quote]
You’re kidding right? Are you suggesting Piggington is a MSM now?[/quote]No I think you misunderstood me AN (and I didn’t make my point clear)– just the opposite– I was pointing out that folks on this site were insightful and prescient in predicting the current crisis. I mean this site was all about predicting the mortgage/ financial crisis. I couldn’t believe that danthedart seemed to be arguing, in this forum of all places, that the crisis was unpredictable.
March 14, 2009 at 7:39 AM in reply to: Jim Cramer gets Pounded by John Stewart on the Daily Show #366075gromit
Participant[quote=AN][quote=gromit]ROFL!!! You’re kidding, right??!! This website is the LAST place I’d expect to see that argument!!
[/quote]
You’re kidding right? Are you suggesting Piggington is a MSM now?[/quote]No I think you misunderstood me AN (and I didn’t make my point clear)– just the opposite– I was pointing out that folks on this site were insightful and prescient in predicting the current crisis. I mean this site was all about predicting the mortgage/ financial crisis. I couldn’t believe that danthedart seemed to be arguing, in this forum of all places, that the crisis was unpredictable.
March 14, 2009 at 7:39 AM in reply to: Jim Cramer gets Pounded by John Stewart on the Daily Show #366236gromit
Participant[quote=AN][quote=gromit]ROFL!!! You’re kidding, right??!! This website is the LAST place I’d expect to see that argument!!
[/quote]
You’re kidding right? Are you suggesting Piggington is a MSM now?[/quote]No I think you misunderstood me AN (and I didn’t make my point clear)– just the opposite– I was pointing out that folks on this site were insightful and prescient in predicting the current crisis. I mean this site was all about predicting the mortgage/ financial crisis. I couldn’t believe that danthedart seemed to be arguing, in this forum of all places, that the crisis was unpredictable.
March 14, 2009 at 7:39 AM in reply to: Jim Cramer gets Pounded by John Stewart on the Daily Show #366272gromit
Participant[quote=AN][quote=gromit]ROFL!!! You’re kidding, right??!! This website is the LAST place I’d expect to see that argument!!
[/quote]
You’re kidding right? Are you suggesting Piggington is a MSM now?[/quote]No I think you misunderstood me AN (and I didn’t make my point clear)– just the opposite– I was pointing out that folks on this site were insightful and prescient in predicting the current crisis. I mean this site was all about predicting the mortgage/ financial crisis. I couldn’t believe that danthedart seemed to be arguing, in this forum of all places, that the crisis was unpredictable.
March 14, 2009 at 7:39 AM in reply to: Jim Cramer gets Pounded by John Stewart on the Daily Show #366384gromit
Participant[quote=AN][quote=gromit]ROFL!!! You’re kidding, right??!! This website is the LAST place I’d expect to see that argument!!
[/quote]
You’re kidding right? Are you suggesting Piggington is a MSM now?[/quote]No I think you misunderstood me AN (and I didn’t make my point clear)– just the opposite– I was pointing out that folks on this site were insightful and prescient in predicting the current crisis. I mean this site was all about predicting the mortgage/ financial crisis. I couldn’t believe that danthedart seemed to be arguing, in this forum of all places, that the crisis was unpredictable.
March 13, 2009 at 11:47 PM in reply to: Jim Cramer gets Pounded by John Stewart on the Daily Show #365720gromit
Participant“Guess what, nobody else was able to do it either.”– Dan
ROFL!!! You’re kidding, right??!! This website is the LAST place I’d expect to see that argument!!
March 13, 2009 at 11:47 PM in reply to: Jim Cramer gets Pounded by John Stewart on the Daily Show #366009gromit
Participant“Guess what, nobody else was able to do it either.”– Dan
ROFL!!! You’re kidding, right??!! This website is the LAST place I’d expect to see that argument!!
March 13, 2009 at 11:47 PM in reply to: Jim Cramer gets Pounded by John Stewart on the Daily Show #366172gromit
Participant“Guess what, nobody else was able to do it either.”– Dan
ROFL!!! You’re kidding, right??!! This website is the LAST place I’d expect to see that argument!!
March 13, 2009 at 11:47 PM in reply to: Jim Cramer gets Pounded by John Stewart on the Daily Show #366207gromit
Participant“Guess what, nobody else was able to do it either.”– Dan
ROFL!!! You’re kidding, right??!! This website is the LAST place I’d expect to see that argument!!
March 13, 2009 at 11:47 PM in reply to: Jim Cramer gets Pounded by John Stewart on the Daily Show #366319gromit
Participant“Guess what, nobody else was able to do it either.”– Dan
ROFL!!! You’re kidding, right??!! This website is the LAST place I’d expect to see that argument!!
gromit
Participant[quote=publicdefender]so insteadof the past practices where appraisers would be paid to come in with high appraisals, now the emphasis will be coming in with the lowest possible appraisal and then claiming poverty? and if these regster as sales, wont this practice decimate housing prices. setting aside the moral hazard issues, which are obviously kind of sickening for responsible people who waited to buy, wouldn’t this accelerate a race to the bottom for “market value” as the lower the appraisal the better deal the homeowner (that term needs to be made illegal under this new law and its use made punishable by ineligibility for any further govt aid)) would receive. who would jump in and buy a house when all the current people are getting free money from the govt? wouldnt you just wait for that fiasco to play out so the market can do its work again?[/quote]
Hear, hear!
gromit
Participant[quote=publicdefender]so insteadof the past practices where appraisers would be paid to come in with high appraisals, now the emphasis will be coming in with the lowest possible appraisal and then claiming poverty? and if these regster as sales, wont this practice decimate housing prices. setting aside the moral hazard issues, which are obviously kind of sickening for responsible people who waited to buy, wouldn’t this accelerate a race to the bottom for “market value” as the lower the appraisal the better deal the homeowner (that term needs to be made illegal under this new law and its use made punishable by ineligibility for any further govt aid)) would receive. who would jump in and buy a house when all the current people are getting free money from the govt? wouldnt you just wait for that fiasco to play out so the market can do its work again?[/quote]
Hear, hear!
gromit
Participant[quote=publicdefender]so insteadof the past practices where appraisers would be paid to come in with high appraisals, now the emphasis will be coming in with the lowest possible appraisal and then claiming poverty? and if these regster as sales, wont this practice decimate housing prices. setting aside the moral hazard issues, which are obviously kind of sickening for responsible people who waited to buy, wouldn’t this accelerate a race to the bottom for “market value” as the lower the appraisal the better deal the homeowner (that term needs to be made illegal under this new law and its use made punishable by ineligibility for any further govt aid)) would receive. who would jump in and buy a house when all the current people are getting free money from the govt? wouldnt you just wait for that fiasco to play out so the market can do its work again?[/quote]
Hear, hear!
gromit
Participant[quote=publicdefender]so insteadof the past practices where appraisers would be paid to come in with high appraisals, now the emphasis will be coming in with the lowest possible appraisal and then claiming poverty? and if these regster as sales, wont this practice decimate housing prices. setting aside the moral hazard issues, which are obviously kind of sickening for responsible people who waited to buy, wouldn’t this accelerate a race to the bottom for “market value” as the lower the appraisal the better deal the homeowner (that term needs to be made illegal under this new law and its use made punishable by ineligibility for any further govt aid)) would receive. who would jump in and buy a house when all the current people are getting free money from the govt? wouldnt you just wait for that fiasco to play out so the market can do its work again?[/quote]
Hear, hear!
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