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SHILOH
ParticipantCramer can scream about how Bernake needs to do something to help all those firms he knows…and the people who are losing their homes. That’s not going to fix this problem in the long run – he must know that. I don’t get what he is screaming about. Is he passionate or does he just want to look like he is on the right side of “truth?”
What was Cramer saying about he bubble before the inevitable and obvious happened?ParticipantCramer can scream about how Bernake needs to do something to help all those firms he knows…and the people who are losing their homes. That’s not going to fix this problem in the long run – he must know that. I don’t get what he is screaming about. Is he passionate or does he just want to look like he is on the right side of “truth?”
What was Cramer saying about he bubble before the inevitable and obvious happened?ParticipantHow is it that my gal of gas dropped by 5 cents and that is going to bolster my spending?
ParticipantHow is it that my gal of gas dropped by 5 cents and that is going to bolster my spending?
ParticipantHow is it that my gal of gas dropped by 5 cents and that is going to bolster my spending?
August 6, 2007 at 9:52 AM in reply to: Conversation with another friend in the “innards” of the mortgage industry #70840ParticipantIf everyone can refi at a lower rate….then the banks make no money. Correct? A refi over 30 years at a rate they could “afford” and the banks make no money but stay afloat?
Is that possible?August 6, 2007 at 9:52 AM in reply to: Conversation with another friend in the “innards” of the mortgage industry #70956ParticipantIf everyone can refi at a lower rate….then the banks make no money. Correct? A refi over 30 years at a rate they could “afford” and the banks make no money but stay afloat?
Is that possible?August 6, 2007 at 9:52 AM in reply to: Conversation with another friend in the “innards” of the mortgage industry #70960ParticipantIf everyone can refi at a lower rate….then the banks make no money. Correct? A refi over 30 years at a rate they could “afford” and the banks make no money but stay afloat?
Is that possible?Participant“In principle, what the IO mortgage appears to be is an
institutionalized form of Serfdom. You owe the landlord
forever, and you are in debt forever.”Agreed subprime mortgage industry debacle of the past 6 years looks to me like an attempt at institutionalized serfdom. When they start talking about 40 year loans or loans that you can pass on to the next generation…what are the chances in the current consumer economy that people would get out from under debt?
Does anyone know how the Mortgage backed securities or bonds…sold to the Chinese,will affect trading, production and our relationship with the Chinese? When Greenspend “designed” this interest-rate mess…was there some political deliberate agenda here?
Participant“In principle, what the IO mortgage appears to be is an
institutionalized form of Serfdom. You owe the landlord
forever, and you are in debt forever.”Agreed subprime mortgage industry debacle of the past 6 years looks to me like an attempt at institutionalized serfdom. When they start talking about 40 year loans or loans that you can pass on to the next generation…what are the chances in the current consumer economy that people would get out from under debt?
Does anyone know how the Mortgage backed securities or bonds…sold to the Chinese,will affect trading, production and our relationship with the Chinese? When Greenspend “designed” this interest-rate mess…was there some political deliberate agenda here?
ParticipantHow much is a typical price cut on a foreclosure? Prices are still off-line with reality. Where are the foreclosure buyers going to get financing…when subprime dries up? Maybe banks will start lending to anyone again…to finance a foreclosure buying boom?
ParticipantHow much is a typical price cut on a foreclosure? Prices are still off-line with reality. Where are the foreclosure buyers going to get financing…when subprime dries up? Maybe banks will start lending to anyone again…to finance a foreclosure buying boom?
Participant“That “we are still friends” BS is just a form of clinging on (people tend to want a safety net, holding onto the old until they’re sure the new will take off).”
I suppose it’s all in how you define “friend.” I don’t think it’s realistic to call someone a “friend” after intimacy. You can call someone an x-GF or BF or x-lover but “friend,” is not accurate.
If someone ends it with you and still leans on you emotionally —that is not a break up. And if they spread themselves emotionally around – that’s emotionally promiscuousity to get their own needs met without regard for the “one” significant person. Talking about other guys to you (knowing that it bothers you) is a narcissitic way to get attention – not for any reason but to either get your reaction – to satisfy their own need to feel “wanted” without caring if it bothers you because it is a way to feel in control.
May 10, 2007 at 1:59 PM in reply to: So if the U.S. dollar is 10-15% lower than 2005, than does it mean…. #52357ParticipantIf the Chinese bought the mortgage securities and will raise rates to prevent their losses, prices will have to come way down for the “average” person -in SD making $50K (median) to afford the “median” home price.
But since “median” is not a good measure – what is the AVERAGE income for 50% of SD households? Does anyone know that number?
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