Forum Replies Created
-
AuthorPosts
-
December 16, 2008 at 6:01 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316416December 16, 2008 at 6:01 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316767schizo2buyORnotParticipant
You guys don’t get it do you? Its the age old wisdom “Don’t Fight the Fed!” The Fed has determined that home prices must stop falling to save the economy from collapse. Today they signaled that they will keep firing until prices stop falling period. From today forward when you blather away about the sky continuing to fall from here you are a fool. The Fed printing press that prints dollars. If necessary they will print and loan at 0% until house prices stabilize. They will succeed and in Aug. 09 RE in SD will cost more “IN US DOLLARS . . . .” Now . . . if someone wants to argue that SD RE in Euro, Yen, or Gold will be worth less . . . . You may be right there. The dollar will weaken substantially from here on out. Sure the SD RE will be worth more in Aug. 09 but in real world global purchasing power terms it will be worth less. Read . . . if you have all your money in cash and are sitting in cash because the sky is continuing to fall you are in one of the worst most risky investments you can be in. Thats right . . . those that have their money in a bank so it is “safe” are going to get screwed. Buy RE, buy oil stocks, buy mining stocks, buy Chinese stocks, but gold, I don’t care. Don’t stay liquid in US dollars however. My original post stands . . . SD RE in US Dollars will cost more US Dollars in Aug. 09 . . . largely because the US dollar is going to hell in a hurry.
December 16, 2008 at 6:01 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316809schizo2buyORnotParticipantYou guys don’t get it do you? Its the age old wisdom “Don’t Fight the Fed!” The Fed has determined that home prices must stop falling to save the economy from collapse. Today they signaled that they will keep firing until prices stop falling period. From today forward when you blather away about the sky continuing to fall from here you are a fool. The Fed printing press that prints dollars. If necessary they will print and loan at 0% until house prices stabilize. They will succeed and in Aug. 09 RE in SD will cost more “IN US DOLLARS . . . .” Now . . . if someone wants to argue that SD RE in Euro, Yen, or Gold will be worth less . . . . You may be right there. The dollar will weaken substantially from here on out. Sure the SD RE will be worth more in Aug. 09 but in real world global purchasing power terms it will be worth less. Read . . . if you have all your money in cash and are sitting in cash because the sky is continuing to fall you are in one of the worst most risky investments you can be in. Thats right . . . those that have their money in a bank so it is “safe” are going to get screwed. Buy RE, buy oil stocks, buy mining stocks, buy Chinese stocks, but gold, I don’t care. Don’t stay liquid in US dollars however. My original post stands . . . SD RE in US Dollars will cost more US Dollars in Aug. 09 . . . largely because the US dollar is going to hell in a hurry.
December 16, 2008 at 6:01 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316829schizo2buyORnotParticipantYou guys don’t get it do you? Its the age old wisdom “Don’t Fight the Fed!” The Fed has determined that home prices must stop falling to save the economy from collapse. Today they signaled that they will keep firing until prices stop falling period. From today forward when you blather away about the sky continuing to fall from here you are a fool. The Fed printing press that prints dollars. If necessary they will print and loan at 0% until house prices stabilize. They will succeed and in Aug. 09 RE in SD will cost more “IN US DOLLARS . . . .” Now . . . if someone wants to argue that SD RE in Euro, Yen, or Gold will be worth less . . . . You may be right there. The dollar will weaken substantially from here on out. Sure the SD RE will be worth more in Aug. 09 but in real world global purchasing power terms it will be worth less. Read . . . if you have all your money in cash and are sitting in cash because the sky is continuing to fall you are in one of the worst most risky investments you can be in. Thats right . . . those that have their money in a bank so it is “safe” are going to get screwed. Buy RE, buy oil stocks, buy mining stocks, buy Chinese stocks, but gold, I don’t care. Don’t stay liquid in US dollars however. My original post stands . . . SD RE in US Dollars will cost more US Dollars in Aug. 09 . . . largely because the US dollar is going to hell in a hurry.
December 16, 2008 at 6:01 PM in reply to: Fed empties the Armory, expends all ammo, housing has bottomed. SD RE will cost more in August of 09 than it does now. #316904schizo2buyORnotParticipantYou guys don’t get it do you? Its the age old wisdom “Don’t Fight the Fed!” The Fed has determined that home prices must stop falling to save the economy from collapse. Today they signaled that they will keep firing until prices stop falling period. From today forward when you blather away about the sky continuing to fall from here you are a fool. The Fed printing press that prints dollars. If necessary they will print and loan at 0% until house prices stabilize. They will succeed and in Aug. 09 RE in SD will cost more “IN US DOLLARS . . . .” Now . . . if someone wants to argue that SD RE in Euro, Yen, or Gold will be worth less . . . . You may be right there. The dollar will weaken substantially from here on out. Sure the SD RE will be worth more in Aug. 09 but in real world global purchasing power terms it will be worth less. Read . . . if you have all your money in cash and are sitting in cash because the sky is continuing to fall you are in one of the worst most risky investments you can be in. Thats right . . . those that have their money in a bank so it is “safe” are going to get screwed. Buy RE, buy oil stocks, buy mining stocks, buy Chinese stocks, but gold, I don’t care. Don’t stay liquid in US dollars however. My original post stands . . . SD RE in US Dollars will cost more US Dollars in Aug. 09 . . . largely because the US dollar is going to hell in a hurry.
schizo2buyORnotParticipant“May God have mercy on their souls . . . because we will not.”
-Sen. John McCain press release on Sept. 12, 2001 responding to terrorist attacks.-
schizo2buyORnotParticipant“May God have mercy on their souls . . . because we will not.”
-Sen. John McCain press release on Sept. 12, 2001 responding to terrorist attacks.-
schizo2buyORnotParticipant“May God have mercy on their souls . . . because we will not.”
-Sen. John McCain press release on Sept. 12, 2001 responding to terrorist attacks.-
schizo2buyORnotParticipant“May God have mercy on their souls . . . because we will not.”
-Sen. John McCain press release on Sept. 12, 2001 responding to terrorist attacks.-
schizo2buyORnotParticipant“May God have mercy on their souls . . . because we will not.”
-Sen. John McCain press release on Sept. 12, 2001 responding to terrorist attacks.-
schizo2buyORnotParticipant[quote=Ex-SD]Good business people (like Romney) or people with solid ideas . . . .[/quote]
I’m stunned Ex-SD . . . a point we are in total and complete agreement on!!!!
I lament the fact that a slash the fat and make an organization lean and efficient genius like Romney will not get the chance to dismantle the dysfunctional beast which is the US government. This is precisely what the US gov needs someone like Romney who is skilled at IDing the “deadwood”, firing the slugs, closing down branches/departments which don’t work, and making an institution profitable/efficient.
Too bad the rank religious bigotry of the evalgelical Christian community torpedoed his chances. The disgusting bigotry exhibited towards Romney was some of the most “un-Christlike” behavior I have ever seen. Idiots and bigots.
schizo2buyORnotParticipant[quote=Ex-SD]Good business people (like Romney) or people with solid ideas . . . .[/quote]
I’m stunned Ex-SD . . . a point we are in total and complete agreement on!!!!
I lament the fact that a slash the fat and make an organization lean and efficient genius like Romney will not get the chance to dismantle the dysfunctional beast which is the US government. This is precisely what the US gov needs someone like Romney who is skilled at IDing the “deadwood”, firing the slugs, closing down branches/departments which don’t work, and making an institution profitable/efficient.
Too bad the rank religious bigotry of the evalgelical Christian community torpedoed his chances. The disgusting bigotry exhibited towards Romney was some of the most “un-Christlike” behavior I have ever seen. Idiots and bigots.
schizo2buyORnotParticipant[quote=Ex-SD]Good business people (like Romney) or people with solid ideas . . . .[/quote]
I’m stunned Ex-SD . . . a point we are in total and complete agreement on!!!!
I lament the fact that a slash the fat and make an organization lean and efficient genius like Romney will not get the chance to dismantle the dysfunctional beast which is the US government. This is precisely what the US gov needs someone like Romney who is skilled at IDing the “deadwood”, firing the slugs, closing down branches/departments which don’t work, and making an institution profitable/efficient.
Too bad the rank religious bigotry of the evalgelical Christian community torpedoed his chances. The disgusting bigotry exhibited towards Romney was some of the most “un-Christlike” behavior I have ever seen. Idiots and bigots.
schizo2buyORnotParticipant[quote=Ex-SD]Good business people (like Romney) or people with solid ideas . . . .[/quote]
I’m stunned Ex-SD . . . a point we are in total and complete agreement on!!!!
I lament the fact that a slash the fat and make an organization lean and efficient genius like Romney will not get the chance to dismantle the dysfunctional beast which is the US government. This is precisely what the US gov needs someone like Romney who is skilled at IDing the “deadwood”, firing the slugs, closing down branches/departments which don’t work, and making an institution profitable/efficient.
Too bad the rank religious bigotry of the evalgelical Christian community torpedoed his chances. The disgusting bigotry exhibited towards Romney was some of the most “un-Christlike” behavior I have ever seen. Idiots and bigots.
schizo2buyORnotParticipant[quote=Ex-SD]Good business people (like Romney) or people with solid ideas . . . .[/quote]
I’m stunned Ex-SD . . . a point we are in total and complete agreement on!!!!
I lament the fact that a slash the fat and make an organization lean and efficient genius like Romney will not get the chance to dismantle the dysfunctional beast which is the US government. This is precisely what the US gov needs someone like Romney who is skilled at IDing the “deadwood”, firing the slugs, closing down branches/departments which don’t work, and making an institution profitable/efficient.
Too bad the rank religious bigotry of the evalgelical Christian community torpedoed his chances. The disgusting bigotry exhibited towards Romney was some of the most “un-Christlike” behavior I have ever seen. Idiots and bigots.
-
AuthorPosts