[patb]

[quote=SanDiegoDave]Between the Fox News crews, the Prop 8 supporters, and the “Obama is Hitler” crowd, I’ll just as soon stay away.

I didn’t like the stimulus bill either. But why attend a protest where I have a serious distaste for about 95% of the other attendees?[/quote]

exactly.

and most of the old guys there are al on social security.

[patb]

[quote=SD Realtor]

“Returning veterans possess combat skills and experience that are attractive to right-wing extremists,” it says. “DHS/I&A [Department of Homeland Security’s Office of Intelligence and Analysis] is concerned that right-wing extremists will attempt to recruit and radicalize veterans in order to boost their violent capacities.”

************

[/quote]

Tim McVeigh?

[patb]

[quote=SD Realtor]

“Returning veterans possess combat skills and experience that are attractive to right-wing extremists,” it says. “DHS/I&A [Department of Homeland Security’s Office of Intelligence and Analysis] is concerned that right-wing extremists will attempt to recruit and radicalize veterans in order to boost their violent capacities.”

************

[/quote]

Tim McVeigh?

[patb]

[quote=SD Realtor]

“Returning veterans possess combat skills and experience that are attractive to right-wing extremists,” it says. “DHS/I&A [Department of Homeland Security’s Office of Intelligence and Analysis] is concerned that right-wing extremists will attempt to recruit and radicalize veterans in order to boost their violent capacities.”

************

[/quote]

Tim McVeigh?

[patb]

[quote=SD Realtor]

“Returning veterans possess combat skills and experience that are attractive to right-wing extremists,” it says. “DHS/I&A [Department of Homeland Security’s Office of Intelligence and Analysis] is concerned that right-wing extremists will attempt to recruit and radicalize veterans in order to boost their violent capacities.”

************

[/quote]

Tim McVeigh?

[patb]

[quote=SD Realtor]

“Returning veterans possess combat skills and experience that are attractive to right-wing extremists,” it says. “DHS/I&A [Department of Homeland Security’s Office of Intelligence and Analysis] is concerned that right-wing extremists will attempt to recruit and radicalize veterans in order to boost their violent capacities.”

************

[/quote]

Tim McVeigh?

[patb]

[quote=SD Realtor]JP what you are seeing is the DIRECT result of the several policies that are in place. We have always seen posts saying that these policies will have no effect, that they will just amount to being seperate drops in the bucket.

We can only hope that these properties do make it to the market. However if they can dribble out, and be spread out over several years then the government will have been successful in controlling the inventory within the housing market. Another big question is what will the GSEs do. Arraya made a very good point.

Yes this may also mean that people who overextended themselves will get rewarded.

The problem is and has always been an egregious underestimation of what the forces of Wall St can do. All we can do is hope that they are overwhelmed with inventory and that the private entities that take all of the assetts off the banks books will dump them.

I guess we will see. I am hoping for that to happen.

[/quote]

I’m of the school the banks don’t have the staff to manage these.
and they are terrified of taking the hit to the books.
When they foreclose they foreclose at the Mortgage price,
so no write down, they try and avoid paying any taxes insurance, fees,
maintenance, and they are hoping to sell the paper to TARP/PPIP/Geithner,
and avoid the hit.

So it’s all drifting sideways, expect their earnings to blow
once the spring selling rush is over.

[patb]

[quote=SD Realtor]JP what you are seeing is the DIRECT result of the several policies that are in place. We have always seen posts saying that these policies will have no effect, that they will just amount to being seperate drops in the bucket.

We can only hope that these properties do make it to the market. However if they can dribble out, and be spread out over several years then the government will have been successful in controlling the inventory within the housing market. Another big question is what will the GSEs do. Arraya made a very good point.

Yes this may also mean that people who overextended themselves will get rewarded.

The problem is and has always been an egregious underestimation of what the forces of Wall St can do. All we can do is hope that they are overwhelmed with inventory and that the private entities that take all of the assetts off the banks books will dump them.

I guess we will see. I am hoping for that to happen.

[/quote]

I’m of the school the banks don’t have the staff to manage these.
and they are terrified of taking the hit to the books.
When they foreclose they foreclose at the Mortgage price,
so no write down, they try and avoid paying any taxes insurance, fees,
maintenance, and they are hoping to sell the paper to TARP/PPIP/Geithner,
and avoid the hit.

So it’s all drifting sideways, expect their earnings to blow
once the spring selling rush is over.

[patb]

[quote=SD Realtor]JP what you are seeing is the DIRECT result of the several policies that are in place. We have always seen posts saying that these policies will have no effect, that they will just amount to being seperate drops in the bucket.

We can only hope that these properties do make it to the market. However if they can dribble out, and be spread out over several years then the government will have been successful in controlling the inventory within the housing market. Another big question is what will the GSEs do. Arraya made a very good point.

Yes this may also mean that people who overextended themselves will get rewarded.

The problem is and has always been an egregious underestimation of what the forces of Wall St can do. All we can do is hope that they are overwhelmed with inventory and that the private entities that take all of the assetts off the banks books will dump them.

I guess we will see. I am hoping for that to happen.

[/quote]

I’m of the school the banks don’t have the staff to manage these.
and they are terrified of taking the hit to the books.
When they foreclose they foreclose at the Mortgage price,
so no write down, they try and avoid paying any taxes insurance, fees,
maintenance, and they are hoping to sell the paper to TARP/PPIP/Geithner,
and avoid the hit.

So it’s all drifting sideways, expect their earnings to blow
once the spring selling rush is over.

[patb]

[quote=SD Realtor]JP what you are seeing is the DIRECT result of the several policies that are in place. We have always seen posts saying that these policies will have no effect, that they will just amount to being seperate drops in the bucket.

We can only hope that these properties do make it to the market. However if they can dribble out, and be spread out over several years then the government will have been successful in controlling the inventory within the housing market. Another big question is what will the GSEs do. Arraya made a very good point.

Yes this may also mean that people who overextended themselves will get rewarded.

The problem is and has always been an egregious underestimation of what the forces of Wall St can do. All we can do is hope that they are overwhelmed with inventory and that the private entities that take all of the assetts off the banks books will dump them.

I guess we will see. I am hoping for that to happen.

[/quote]

I’m of the school the banks don’t have the staff to manage these.
and they are terrified of taking the hit to the books.
When they foreclose they foreclose at the Mortgage price,
so no write down, they try and avoid paying any taxes insurance, fees,
maintenance, and they are hoping to sell the paper to TARP/PPIP/Geithner,
and avoid the hit.

So it’s all drifting sideways, expect their earnings to blow
once the spring selling rush is over.

[patb]

[quote=SD Realtor]JP what you are seeing is the DIRECT result of the several policies that are in place. We have always seen posts saying that these policies will have no effect, that they will just amount to being seperate drops in the bucket.

We can only hope that these properties do make it to the market. However if they can dribble out, and be spread out over several years then the government will have been successful in controlling the inventory within the housing market. Another big question is what will the GSEs do. Arraya made a very good point.

Yes this may also mean that people who overextended themselves will get rewarded.

The problem is and has always been an egregious underestimation of what the forces of Wall St can do. All we can do is hope that they are overwhelmed with inventory and that the private entities that take all of the assetts off the banks books will dump them.

I guess we will see. I am hoping for that to happen.

[/quote]

I’m of the school the banks don’t have the staff to manage these.
and they are terrified of taking the hit to the books.
When they foreclose they foreclose at the Mortgage price,
so no write down, they try and avoid paying any taxes insurance, fees,
maintenance, and they are hoping to sell the paper to TARP/PPIP/Geithner,
and avoid the hit.

So it’s all drifting sideways, expect their earnings to blow
once the spring selling rush is over.

[patb]

note, Cable TV is unlimited.

THis is a struggle to protect the dying TV Franchise.

Data is a commodity, bulk, darwinian business.

TV is high margin, as more people watch TV on HULU,
the cable TV biz is dying,

That’s okay, i’ll switch to some other bulk provider, I hate COX
anyways.

[patb]

note, Cable TV is unlimited.

THis is a struggle to protect the dying TV Franchise.

Data is a commodity, bulk, darwinian business.

TV is high margin, as more people watch TV on HULU,
the cable TV biz is dying,

That’s okay, i’ll switch to some other bulk provider, I hate COX
anyways.

[patb]

note, Cable TV is unlimited.

THis is a struggle to protect the dying TV Franchise.

Data is a commodity, bulk, darwinian business.

TV is high margin, as more people watch TV on HULU,
the cable TV biz is dying,

That’s okay, i’ll switch to some other bulk provider, I hate COX
anyways.

[patb]

note, Cable TV is unlimited.

THis is a struggle to protect the dying TV Franchise.

Data is a commodity, bulk, darwinian business.

TV is high margin, as more people watch TV on HULU,
the cable TV biz is dying,

That’s okay, i’ll switch to some other bulk provider, I hate COX
anyways.

[Author]

Posts