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TheBreeze
ParticipantI bet the first restaurant that goes to cash only goes out business within a week.
ParticipantI bet the first restaurant that goes to cash only goes out business within a week.
ParticipantI bet the first restaurant that goes to cash only goes out business within a week.
ParticipantI bet the first restaurant that goes to cash only goes out business within a week.
Participant[quote=patientrenter]But govt schemes are still allowing homes to be bought with less than 20% of the buyer’s personal savings at risk. And Barney Frank and Chris Dodd are the prime movers behind this part of the screwed-up system. They won’t let go of this lunacy until Democrats like you call them on it.
[/quote]I’m registered as a nonpartisan. I plan to vote against incumbent Representative Democrat Susan A. Davis since she voted for the bailout. If I could legally vote against Frank and Dodd I would.
I do plan to vote for Obama as I feel he is very intelligent and is a better choice than McCain (McCain being the originator of the brilliant idea to buy every mortgage on an underwater home and reset the principal to the current market price of the home).
I’d like to see the government get out of mortgages and home ownership completely. Just think how cheap house prices would be if FHA, Fannie Mae, and Freddie Mac were eliminated and the Fed mandated that homeowners had to put 20% down. That would be an ideal world for responsible people.
Participant[quote=patientrenter]But govt schemes are still allowing homes to be bought with less than 20% of the buyer’s personal savings at risk. And Barney Frank and Chris Dodd are the prime movers behind this part of the screwed-up system. They won’t let go of this lunacy until Democrats like you call them on it.
[/quote]I’m registered as a nonpartisan. I plan to vote against incumbent Representative Democrat Susan A. Davis since she voted for the bailout. If I could legally vote against Frank and Dodd I would.
I do plan to vote for Obama as I feel he is very intelligent and is a better choice than McCain (McCain being the originator of the brilliant idea to buy every mortgage on an underwater home and reset the principal to the current market price of the home).
I’d like to see the government get out of mortgages and home ownership completely. Just think how cheap house prices would be if FHA, Fannie Mae, and Freddie Mac were eliminated and the Fed mandated that homeowners had to put 20% down. That would be an ideal world for responsible people.
Participant[quote=patientrenter]But govt schemes are still allowing homes to be bought with less than 20% of the buyer’s personal savings at risk. And Barney Frank and Chris Dodd are the prime movers behind this part of the screwed-up system. They won’t let go of this lunacy until Democrats like you call them on it.
[/quote]I’m registered as a nonpartisan. I plan to vote against incumbent Representative Democrat Susan A. Davis since she voted for the bailout. If I could legally vote against Frank and Dodd I would.
I do plan to vote for Obama as I feel he is very intelligent and is a better choice than McCain (McCain being the originator of the brilliant idea to buy every mortgage on an underwater home and reset the principal to the current market price of the home).
I’d like to see the government get out of mortgages and home ownership completely. Just think how cheap house prices would be if FHA, Fannie Mae, and Freddie Mac were eliminated and the Fed mandated that homeowners had to put 20% down. That would be an ideal world for responsible people.
Participant[quote=patientrenter]But govt schemes are still allowing homes to be bought with less than 20% of the buyer’s personal savings at risk. And Barney Frank and Chris Dodd are the prime movers behind this part of the screwed-up system. They won’t let go of this lunacy until Democrats like you call them on it.
[/quote]I’m registered as a nonpartisan. I plan to vote against incumbent Representative Democrat Susan A. Davis since she voted for the bailout. If I could legally vote against Frank and Dodd I would.
I do plan to vote for Obama as I feel he is very intelligent and is a better choice than McCain (McCain being the originator of the brilliant idea to buy every mortgage on an underwater home and reset the principal to the current market price of the home).
I’d like to see the government get out of mortgages and home ownership completely. Just think how cheap house prices would be if FHA, Fannie Mae, and Freddie Mac were eliminated and the Fed mandated that homeowners had to put 20% down. That would be an ideal world for responsible people.
Participant[quote=patientrenter]But govt schemes are still allowing homes to be bought with less than 20% of the buyer’s personal savings at risk. And Barney Frank and Chris Dodd are the prime movers behind this part of the screwed-up system. They won’t let go of this lunacy until Democrats like you call them on it.
[/quote]I’m registered as a nonpartisan. I plan to vote against incumbent Representative Democrat Susan A. Davis since she voted for the bailout. If I could legally vote against Frank and Dodd I would.
I do plan to vote for Obama as I feel he is very intelligent and is a better choice than McCain (McCain being the originator of the brilliant idea to buy every mortgage on an underwater home and reset the principal to the current market price of the home).
I’d like to see the government get out of mortgages and home ownership completely. Just think how cheap house prices would be if FHA, Fannie Mae, and Freddie Mac were eliminated and the Fed mandated that homeowners had to put 20% down. That would be an ideal world for responsible people.
October 12, 2008 at 1:06 PM in reply to: Cramer predicts DOW 4700 by Tuesday (1995ish levels) #286353Participant[quote=kev374]which Tuesday? This coming week?? Is he nuts?
Seriously the guy needs to stop talking because he spews all kinds of nonsense.If the DOW went to 4700 by Tuesday then god help the country because that would cause such shock and fear across the board it would be unimaginable. I seriously doubt such a thing will ever happen.[/quote]
Tuesday, October 14th. Two days from now. I can see it happening as these things usually overshoot (to the upside during a bubble and to the downside during the ensuing crash).
If you check the Yahoo! chart for the Dow Jones Industrial Average it was at 343 on July 1, 1929 and bottomed out at 42 on April 1, 1932. That’s a decine of 87% in less than 3 years. The U.S. has just gone through the biggest credit bubble in history and the DOW hasn’t even dropped 50% yet. An 87% drop would put us at ~ DOW 1800. Who’s to say that we won’t see another 90% drop in the DOW given how big the bubble was?
October 12, 2008 at 1:06 PM in reply to: Cramer predicts DOW 4700 by Tuesday (1995ish levels) #286646Participant[quote=kev374]which Tuesday? This coming week?? Is he nuts?
Seriously the guy needs to stop talking because he spews all kinds of nonsense.If the DOW went to 4700 by Tuesday then god help the country because that would cause such shock and fear across the board it would be unimaginable. I seriously doubt such a thing will ever happen.[/quote]
Tuesday, October 14th. Two days from now. I can see it happening as these things usually overshoot (to the upside during a bubble and to the downside during the ensuing crash).
If you check the Yahoo! chart for the Dow Jones Industrial Average it was at 343 on July 1, 1929 and bottomed out at 42 on April 1, 1932. That’s a decine of 87% in less than 3 years. The U.S. has just gone through the biggest credit bubble in history and the DOW hasn’t even dropped 50% yet. An 87% drop would put us at ~ DOW 1800. Who’s to say that we won’t see another 90% drop in the DOW given how big the bubble was?
October 12, 2008 at 1:06 PM in reply to: Cramer predicts DOW 4700 by Tuesday (1995ish levels) #286664Participant[quote=kev374]which Tuesday? This coming week?? Is he nuts?
Seriously the guy needs to stop talking because he spews all kinds of nonsense.If the DOW went to 4700 by Tuesday then god help the country because that would cause such shock and fear across the board it would be unimaginable. I seriously doubt such a thing will ever happen.[/quote]
Tuesday, October 14th. Two days from now. I can see it happening as these things usually overshoot (to the upside during a bubble and to the downside during the ensuing crash).
If you check the Yahoo! chart for the Dow Jones Industrial Average it was at 343 on July 1, 1929 and bottomed out at 42 on April 1, 1932. That’s a decine of 87% in less than 3 years. The U.S. has just gone through the biggest credit bubble in history and the DOW hasn’t even dropped 50% yet. An 87% drop would put us at ~ DOW 1800. Who’s to say that we won’t see another 90% drop in the DOW given how big the bubble was?
October 12, 2008 at 1:06 PM in reply to: Cramer predicts DOW 4700 by Tuesday (1995ish levels) #286692Participant[quote=kev374]which Tuesday? This coming week?? Is he nuts?
Seriously the guy needs to stop talking because he spews all kinds of nonsense.If the DOW went to 4700 by Tuesday then god help the country because that would cause such shock and fear across the board it would be unimaginable. I seriously doubt such a thing will ever happen.[/quote]
Tuesday, October 14th. Two days from now. I can see it happening as these things usually overshoot (to the upside during a bubble and to the downside during the ensuing crash).
If you check the Yahoo! chart for the Dow Jones Industrial Average it was at 343 on July 1, 1929 and bottomed out at 42 on April 1, 1932. That’s a decine of 87% in less than 3 years. The U.S. has just gone through the biggest credit bubble in history and the DOW hasn’t even dropped 50% yet. An 87% drop would put us at ~ DOW 1800. Who’s to say that we won’t see another 90% drop in the DOW given how big the bubble was?
October 12, 2008 at 1:06 PM in reply to: Cramer predicts DOW 4700 by Tuesday (1995ish levels) #286694Participant[quote=kev374]which Tuesday? This coming week?? Is he nuts?
Seriously the guy needs to stop talking because he spews all kinds of nonsense.If the DOW went to 4700 by Tuesday then god help the country because that would cause such shock and fear across the board it would be unimaginable. I seriously doubt such a thing will ever happen.[/quote]
Tuesday, October 14th. Two days from now. I can see it happening as these things usually overshoot (to the upside during a bubble and to the downside during the ensuing crash).
If you check the Yahoo! chart for the Dow Jones Industrial Average it was at 343 on July 1, 1929 and bottomed out at 42 on April 1, 1932. That’s a decine of 87% in less than 3 years. The U.S. has just gone through the biggest credit bubble in history and the DOW hasn’t even dropped 50% yet. An 87% drop would put us at ~ DOW 1800. Who’s to say that we won’t see another 90% drop in the DOW given how big the bubble was?
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