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Nancy_s soothsayer
ParticipantGiven the current trend when almost everyone is trying to scam each other and justice is enforcement much delayed or none, in about 5 to 10 years, America will operate the housing business much like in a third world country – cash buyers only will be entertained or buyers will have to pay huge interest rates (usury to the hilt.)
ParticipantMany high-end buyers with large secure salaries played with Option ARMS because they were smug in thinking their “investment” bets were going to pay up big-time. In 2008-2009 they will get their hard lessons and comeuppance. Their recast triggers will bite them in the you-know-what.
ParticipantMany high-end buyers with large secure salaries played with Option ARMS because they were smug in thinking their “investment” bets were going to pay up big-time. In 2008-2009 they will get their hard lessons and comeuppance. Their recast triggers will bite them in the you-know-what.
ParticipantMany high-end buyers with large secure salaries played with Option ARMS because they were smug in thinking their “investment” bets were going to pay up big-time. In 2008-2009 they will get their hard lessons and comeuppance. Their recast triggers will bite them in the you-know-what.
ParticipantMany high-end buyers with large secure salaries played with Option ARMS because they were smug in thinking their “investment” bets were going to pay up big-time. In 2008-2009 they will get their hard lessons and comeuppance. Their recast triggers will bite them in the you-know-what.
ParticipantMany high-end buyers with large secure salaries played with Option ARMS because they were smug in thinking their “investment” bets were going to pay up big-time. In 2008-2009 they will get their hard lessons and comeuppance. Their recast triggers will bite them in the you-know-what.
Participant“I have said over and over again is that the cure is to let the market go through what it needs to go through without and federal or state intervention at any level.”
I’m tired of long rhetoric, myself.
The result of free-wheeling markets of unfettered capitalism and absent or ineffective regulation or oversight (i.e., useless accountants, auditors, or ratings agencies) is the cluster-fraud we are witnessing today. Nice logic, SD Realtor. I hope you can troll for more future overborrowed buyers in the future.
Goodbye, everyone.
Participant“I have said over and over again is that the cure is to let the market go through what it needs to go through without and federal or state intervention at any level.”
I’m tired of long rhetoric, myself.
The result of free-wheeling markets of unfettered capitalism and absent or ineffective regulation or oversight (i.e., useless accountants, auditors, or ratings agencies) is the cluster-fraud we are witnessing today. Nice logic, SD Realtor. I hope you can troll for more future overborrowed buyers in the future.
Goodbye, everyone.
Participant“I have said over and over again is that the cure is to let the market go through what it needs to go through without and federal or state intervention at any level.”
I’m tired of long rhetoric, myself.
The result of free-wheeling markets of unfettered capitalism and absent or ineffective regulation or oversight (i.e., useless accountants, auditors, or ratings agencies) is the cluster-fraud we are witnessing today. Nice logic, SD Realtor. I hope you can troll for more future overborrowed buyers in the future.
Goodbye, everyone.
ParticipantSD Realtor,
The Cure I suggested, though very concise and direct to the point, is with no emotion, VERY SHORT ON RHETORIC, and is full of logic. I have never seen you post any logical cure whatsoever yet.
ParticipantSD Realtor,
The Cure I suggested, though very concise and direct to the point, is with no emotion, VERY SHORT ON RHETORIC, and is full of logic. I have never seen you post any logical cure whatsoever yet.
ParticipantSD Realtor,
The Cure I suggested, though very concise and direct to the point, is with no emotion, VERY SHORT ON RHETORIC, and is full of logic. I have never seen you post any logical cure whatsoever yet.
ParticipantOur three rich uncles (known as the Three Stooges) are going to sit down and figure it out together. Or I think they already did. Two of the three, Bernanke and Paulson, are going to convince and explain to the remaining Stooge (Dodd, bank chairman?) who is not good in math, that the damage was already done, and, like HUMPTY-DUMPTY, no amount of cash can bring back the cracked, walking-dead, OVERBORROWED, Joe6Pack, to wholesome life again. All they can do now is to bailout the enablers who sold invesuckments (“investments”) and suckerities (“securities”) and collateralizedTOCRAP debt obligations (CDO’s) to every suckers in the world. The enablers are crying the loudest of course, and that is why they are getting the bailout in the form of discount ATM windows from the FED available only to the enablers. Worst of all, the enablers don’t give a sheeet-of-care to HUMPTY-DUMPTY. Thus, the trickle-down (or supply side) bailout from our rich uncles won’t really matter to poor HUMPTY-DUMPTY.
ParticipantOur three rich uncles (known as the Three Stooges) are going to sit down and figure it out together. Or I think they already did. Two of the three, Bernanke and Paulson, are going to convince and explain to the remaining Stooge (Dodd, bank chairman?) who is not good in math, that the damage was already done, and, like HUMPTY-DUMPTY, no amount of cash can bring back the cracked, walking-dead, OVERBORROWED, Joe6Pack, to wholesome life again. All they can do now is to bailout the enablers who sold invesuckments (“investments”) and suckerities (“securities”) and collateralizedTOCRAP debt obligations (CDO’s) to every suckers in the world. The enablers are crying the loudest of course, and that is why they are getting the bailout in the form of discount ATM windows from the FED available only to the enablers. Worst of all, the enablers don’t give a sheeet-of-care to HUMPTY-DUMPTY. Thus, the trickle-down (or supply side) bailout from our rich uncles won’t really matter to poor HUMPTY-DUMPTY.
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