[NotCranky]

“When do people start blasting those who did fixed rates at 6% when theey could ahve had 4% variable rates for a 5 year period that are now going to reset at that same level”

What are the terms of the notes from here on out? Many still borrowed way too much and the adjustment periods are for shorter period of time from reset on out. I don’t think the arm and option arm people are out of the woods yet. There is all kinds of paper out there. Some of the terms had actual rates going up at least a certain amount regardless of market rates. I don’t know how universal it was but I believe arm people paid more points too.

[NotCranky]

Rust,

Which side of the bed did you wake up on this morning?

What? Did I sound a little cranky? ;).

As far as the topic of buying or not goes, it seems healthy to me that one not hunker down too much, but not get reckless either. People are going to be buying stuff that they don’t really live to regret or even prosper from, long before some absolute bottom.I personally like the idea of not wasting time. If the world goes to hell in a hand basket such that some of the best deals from here until the bottom that are conservatively purchased are laid to waste, all except those with the deepest pockets and best income streams are going to be hosed anyway. So if you get a really good deal, conservatively purchased, it is a pretty good gamble. I don’t see that happening so much where most piggs want to buy yet.

[NotCranky]

Rust,

Which side of the bed did you wake up on this morning?

What? Did I sound a little cranky? ;).

As far as the topic of buying or not goes, it seems healthy to me that one not hunker down too much, but not get reckless either. People are going to be buying stuff that they don’t really live to regret or even prosper from, long before some absolute bottom.I personally like the idea of not wasting time. If the world goes to hell in a hand basket such that some of the best deals from here until the bottom that are conservatively purchased are laid to waste, all except those with the deepest pockets and best income streams are going to be hosed anyway. So if you get a really good deal, conservatively purchased, it is a pretty good gamble. I don’t see that happening so much where most piggs want to buy yet.

[NotCranky]

Rust,

Which side of the bed did you wake up on this morning?

What? Did I sound a little cranky? ;).

As far as the topic of buying or not goes, it seems healthy to me that one not hunker down too much, but not get reckless either. People are going to be buying stuff that they don’t really live to regret or even prosper from, long before some absolute bottom.I personally like the idea of not wasting time. If the world goes to hell in a hand basket such that some of the best deals from here until the bottom that are conservatively purchased are laid to waste, all except those with the deepest pockets and best income streams are going to be hosed anyway. So if you get a really good deal, conservatively purchased, it is a pretty good gamble. I don’t see that happening so much where most piggs want to buy yet.

[NotCranky]

Rust,

Which side of the bed did you wake up on this morning?

What? Did I sound a little cranky? ;).

As far as the topic of buying or not goes, it seems healthy to me that one not hunker down too much, but not get reckless either. People are going to be buying stuff that they don’t really live to regret or even prosper from, long before some absolute bottom.I personally like the idea of not wasting time. If the world goes to hell in a hand basket such that some of the best deals from here until the bottom that are conservatively purchased are laid to waste, all except those with the deepest pockets and best income streams are going to be hosed anyway. So if you get a really good deal, conservatively purchased, it is a pretty good gamble. I don’t see that happening so much where most piggs want to buy yet.

[NotCranky]

Rust,

Which side of the bed did you wake up on this morning?

What? Did I sound a little cranky? ;).

As far as the topic of buying or not goes, it seems healthy to me that one not hunker down too much, but not get reckless either. People are going to be buying stuff that they don’t really live to regret or even prosper from, long before some absolute bottom.I personally like the idea of not wasting time. If the world goes to hell in a hand basket such that some of the best deals from here until the bottom that are conservatively purchased are laid to waste, all except those with the deepest pockets and best income streams are going to be hosed anyway. So if you get a really good deal, conservatively purchased, it is a pretty good gamble. I don’t see that happening so much where most piggs want to buy yet.

[NotCranky]

What would we do if they kicked us out coop? Just kidding.

[NotCranky]

What would we do if they kicked us out coop? Just kidding.

[NotCranky]

What would we do if they kicked us out coop? Just kidding.

[NotCranky]

What would we do if they kicked us out coop? Just kidding.

[NotCranky]

What would we do if they kicked us out coop? Just kidding.

[NotCranky]

Why don’t you go pray or something like that hipmatt. Aren’t you the one who gets all fussy when people question the Jesus story?

Let’s suppose for an instant that somebody really needs meds. Wouldn’t they be sick? How would Jesus treat the ill?I think Jesus would realize that it is partly caused by our society and would lead by example. He would say look at me I don’t covet a McMansion at any point in the market cycle and I have no temper or psychosomatic illnesses let’s go show some love!
How would Jesus treat people dumb enough to buy over priced houses that they couldn’t afford for that matter? I think he would expect them to take responsibility, in a detached fashion and console them if they didn’t listen and got burned.

I am no christian but at least I know what it is supposed to mean.
“I like your Jesus but I don’t like your Christians”
Ghandi.

[NotCranky]

Why don’t you go pray or something like that hipmatt. Aren’t you the one who gets all fussy when people question the Jesus story?

Let’s suppose for an instant that somebody really needs meds. Wouldn’t they be sick? How would Jesus treat the ill?I think Jesus would realize that it is partly caused by our society and would lead by example. He would say look at me I don’t covet a McMansion at any point in the market cycle and I have no temper or psychosomatic illnesses let’s go show some love!
How would Jesus treat people dumb enough to buy over priced houses that they couldn’t afford for that matter? I think he would expect them to take responsibility, in a detached fashion and console them if they didn’t listen and got burned.

I am no christian but at least I know what it is supposed to mean.
“I like your Jesus but I don’t like your Christians”
Ghandi.

[NotCranky]

Why don’t you go pray or something like that hipmatt. Aren’t you the one who gets all fussy when people question the Jesus story?

Let’s suppose for an instant that somebody really needs meds. Wouldn’t they be sick? How would Jesus treat the ill?I think Jesus would realize that it is partly caused by our society and would lead by example. He would say look at me I don’t covet a McMansion at any point in the market cycle and I have no temper or psychosomatic illnesses let’s go show some love!
How would Jesus treat people dumb enough to buy over priced houses that they couldn’t afford for that matter? I think he would expect them to take responsibility, in a detached fashion and console them if they didn’t listen and got burned.

I am no christian but at least I know what it is supposed to mean.
“I like your Jesus but I don’t like your Christians”
Ghandi.

[NotCranky]

Why don’t you go pray or something like that hipmatt. Aren’t you the one who gets all fussy when people question the Jesus story?

Let’s suppose for an instant that somebody really needs meds. Wouldn’t they be sick? How would Jesus treat the ill?I think Jesus would realize that it is partly caused by our society and would lead by example. He would say look at me I don’t covet a McMansion at any point in the market cycle and I have no temper or psychosomatic illnesses let’s go show some love!
How would Jesus treat people dumb enough to buy over priced houses that they couldn’t afford for that matter? I think he would expect them to take responsibility, in a detached fashion and console them if they didn’t listen and got burned.

I am no christian but at least I know what it is supposed to mean.
“I like your Jesus but I don’t like your Christians”
Ghandi.

[Author]

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