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LA_Renter
ParticipantIs it just me or has anybody else noticed we are experiencing an energy shock. Also looking at LEH we are finding ourselves still in the throws of the credit crisis, also employment is taking a nose dive. Has anybody else noticed that the pollyannas on CNBC look really stupid right now. IMO there are way too many head winds (some approaching hurricane force) for the “bottom already come?”. I imagine you can find property at the bottom end of the market that will cash flow but don’t expect any appreciation for years there. Just my two cents.
LA_Renter
ParticipantIs it just me or has anybody else noticed we are experiencing an energy shock. Also looking at LEH we are finding ourselves still in the throws of the credit crisis, also employment is taking a nose dive. Has anybody else noticed that the pollyannas on CNBC look really stupid right now. IMO there are way too many head winds (some approaching hurricane force) for the “bottom already come?”. I imagine you can find property at the bottom end of the market that will cash flow but don’t expect any appreciation for years there. Just my two cents.
LA_Renter
ParticipantIs it just me or has anybody else noticed we are experiencing an energy shock. Also looking at LEH we are finding ourselves still in the throws of the credit crisis, also employment is taking a nose dive. Has anybody else noticed that the pollyannas on CNBC look really stupid right now. IMO there are way too many head winds (some approaching hurricane force) for the “bottom already come?”. I imagine you can find property at the bottom end of the market that will cash flow but don’t expect any appreciation for years there. Just my two cents.
LA_Renter
ParticipantIs it just me or has anybody else noticed we are experiencing an energy shock. Also looking at LEH we are finding ourselves still in the throws of the credit crisis, also employment is taking a nose dive. Has anybody else noticed that the pollyannas on CNBC look really stupid right now. IMO there are way too many head winds (some approaching hurricane force) for the “bottom already come?”. I imagine you can find property at the bottom end of the market that will cash flow but don’t expect any appreciation for years there. Just my two cents.
LA_Renter
Participant“I have to look at the fiscal bottom line for my family. I resent paying higher taxes for government programs that I do not support.
Obama needs to figure this out or suffer the consequences.”Those are my sentiments. Regarding the misery index Big Picture had an interesting take on the Current misery index, here are the links
http://bigpicture.typepad.com/comments/2008/06/misery-index-ap.html#comments
http://bigpicture.typepad.com/comments/2008/06/enhanced-mise-1.html#comments
In reality The Bush administration is holding its own with Carter in the misery category. (Does anybody hear Larry Kudlow screaming)
Obama is a classic liberal and he doesn’t seem to try to hide from it unlike previous Democratic politicians. At least he is straight forward. I don’t get that he is an idealogue which is my biggest beef with the last batch of Republicans. If he were to become president he has no choice but to govern from the center given that this is still a slightly right of center nation. After having very recently tasted what it is like being put into the wilderness the Democrats will be very cautious with their agendas. Many of them remember Carter too. One wrong step and Republicans will easily take the House in 2010.
LA_Renter
Participant“I have to look at the fiscal bottom line for my family. I resent paying higher taxes for government programs that I do not support.
Obama needs to figure this out or suffer the consequences.”Those are my sentiments. Regarding the misery index Big Picture had an interesting take on the Current misery index, here are the links
http://bigpicture.typepad.com/comments/2008/06/misery-index-ap.html#comments
http://bigpicture.typepad.com/comments/2008/06/enhanced-mise-1.html#comments
In reality The Bush administration is holding its own with Carter in the misery category. (Does anybody hear Larry Kudlow screaming)
Obama is a classic liberal and he doesn’t seem to try to hide from it unlike previous Democratic politicians. At least he is straight forward. I don’t get that he is an idealogue which is my biggest beef with the last batch of Republicans. If he were to become president he has no choice but to govern from the center given that this is still a slightly right of center nation. After having very recently tasted what it is like being put into the wilderness the Democrats will be very cautious with their agendas. Many of them remember Carter too. One wrong step and Republicans will easily take the House in 2010.
LA_Renter
Participant“I have to look at the fiscal bottom line for my family. I resent paying higher taxes for government programs that I do not support.
Obama needs to figure this out or suffer the consequences.”Those are my sentiments. Regarding the misery index Big Picture had an interesting take on the Current misery index, here are the links
http://bigpicture.typepad.com/comments/2008/06/misery-index-ap.html#comments
http://bigpicture.typepad.com/comments/2008/06/enhanced-mise-1.html#comments
In reality The Bush administration is holding its own with Carter in the misery category. (Does anybody hear Larry Kudlow screaming)
Obama is a classic liberal and he doesn’t seem to try to hide from it unlike previous Democratic politicians. At least he is straight forward. I don’t get that he is an idealogue which is my biggest beef with the last batch of Republicans. If he were to become president he has no choice but to govern from the center given that this is still a slightly right of center nation. After having very recently tasted what it is like being put into the wilderness the Democrats will be very cautious with their agendas. Many of them remember Carter too. One wrong step and Republicans will easily take the House in 2010.
LA_Renter
Participant“I have to look at the fiscal bottom line for my family. I resent paying higher taxes for government programs that I do not support.
Obama needs to figure this out or suffer the consequences.”Those are my sentiments. Regarding the misery index Big Picture had an interesting take on the Current misery index, here are the links
http://bigpicture.typepad.com/comments/2008/06/misery-index-ap.html#comments
http://bigpicture.typepad.com/comments/2008/06/enhanced-mise-1.html#comments
In reality The Bush administration is holding its own with Carter in the misery category. (Does anybody hear Larry Kudlow screaming)
Obama is a classic liberal and he doesn’t seem to try to hide from it unlike previous Democratic politicians. At least he is straight forward. I don’t get that he is an idealogue which is my biggest beef with the last batch of Republicans. If he were to become president he has no choice but to govern from the center given that this is still a slightly right of center nation. After having very recently tasted what it is like being put into the wilderness the Democrats will be very cautious with their agendas. Many of them remember Carter too. One wrong step and Republicans will easily take the House in 2010.
LA_Renter
Participant“I have to look at the fiscal bottom line for my family. I resent paying higher taxes for government programs that I do not support.
Obama needs to figure this out or suffer the consequences.”Those are my sentiments. Regarding the misery index Big Picture had an interesting take on the Current misery index, here are the links
http://bigpicture.typepad.com/comments/2008/06/misery-index-ap.html#comments
http://bigpicture.typepad.com/comments/2008/06/enhanced-mise-1.html#comments
In reality The Bush administration is holding its own with Carter in the misery category. (Does anybody hear Larry Kudlow screaming)
Obama is a classic liberal and he doesn’t seem to try to hide from it unlike previous Democratic politicians. At least he is straight forward. I don’t get that he is an idealogue which is my biggest beef with the last batch of Republicans. If he were to become president he has no choice but to govern from the center given that this is still a slightly right of center nation. After having very recently tasted what it is like being put into the wilderness the Democrats will be very cautious with their agendas. Many of them remember Carter too. One wrong step and Republicans will easily take the House in 2010.
LA_Renter
ParticipantHere is the big obstacle that I can see going through the balance of 2008. The S&P and many other analyst are projecting third-quarter profits to rise 14%, and fourth-quarter earnings to jump 62%.. Yesterday S&P downgraded credit ratings on Morgan Stanley, Merrill Lynch. and Lehman and the outlooks for all these firms are negative for the balance of this year, now if you ask me that is a sure sign of a solid rebound in earnings (snark).
LA_Renter
ParticipantHere is the big obstacle that I can see going through the balance of 2008. The S&P and many other analyst are projecting third-quarter profits to rise 14%, and fourth-quarter earnings to jump 62%.. Yesterday S&P downgraded credit ratings on Morgan Stanley, Merrill Lynch. and Lehman and the outlooks for all these firms are negative for the balance of this year, now if you ask me that is a sure sign of a solid rebound in earnings (snark).
LA_Renter
ParticipantHere is the big obstacle that I can see going through the balance of 2008. The S&P and many other analyst are projecting third-quarter profits to rise 14%, and fourth-quarter earnings to jump 62%.. Yesterday S&P downgraded credit ratings on Morgan Stanley, Merrill Lynch. and Lehman and the outlooks for all these firms are negative for the balance of this year, now if you ask me that is a sure sign of a solid rebound in earnings (snark).
LA_Renter
ParticipantHere is the big obstacle that I can see going through the balance of 2008. The S&P and many other analyst are projecting third-quarter profits to rise 14%, and fourth-quarter earnings to jump 62%.. Yesterday S&P downgraded credit ratings on Morgan Stanley, Merrill Lynch. and Lehman and the outlooks for all these firms are negative for the balance of this year, now if you ask me that is a sure sign of a solid rebound in earnings (snark).
LA_Renter
ParticipantHere is the big obstacle that I can see going through the balance of 2008. The S&P and many other analyst are projecting third-quarter profits to rise 14%, and fourth-quarter earnings to jump 62%.. Yesterday S&P downgraded credit ratings on Morgan Stanley, Merrill Lynch. and Lehman and the outlooks for all these firms are negative for the balance of this year, now if you ask me that is a sure sign of a solid rebound in earnings (snark).
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