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From Housing Panic - view blog entries - visit this blogMay 11, 2008 at 4:02 pm ET
Would you be more tempted to buy a home that was marketed as "Half Off!!!" simply because it was a steal versus what some fool, victim or fraudster paid before you (regardless of the fundamentals ... ( more)
From Housing Panic - view blog entries - visit this blogMay 11, 2008 at 1:46 pm ET
Here's 35 minutes of good uncensored interviews with both candidates. I've got a feeling we're going to see a decent, thoughtful and respectful race this fall between these two (now that the cynical power-hungry nut ... ( more)
From Housing Panic - view blog entries - visit this blogMay 11, 2008 at 1:22 am ET
“Clearly, many people who were betting on rising home prices were hurt when the housing bubble burst, but we can not force taxpayers to insulate everyone from the costs of those bad decisions. If ... ( more)
From Housing Panic - view blog entries - visit this blogMay 11, 2008 at 1:14 am ET
Ignorance of basic personal finance issues in America was a leading contributor to the housing crash and mortgage mess.If I had a dime for every time I read "we didn't know what we were signing" ... ( more)
From Housing Panic - view blog entries - visit this blogMay 10, 2008 at 5:42 pm ET
Silly Americans - you thought those skyrocketing housing prices were because "they're not making any more land", or because of "year-round-golf and pro athletes".Nope. It was just one big orgy of fraud. And you fell ... ( more)
From Housing Panic - view blog entries - visit this blogMay 10, 2008 at 5:02 am ET
"If you can find another illustration of a company whose stock that's gone down by 95% in one year and is still rated triple-A, I have yet to see it"- Warren Buffet, speaking of about ... ( more)
From Housing Panic - view blog entries - visit this blogMay 10, 2008 at 3:41 am ET
Indeed, America is still that "shining city on a hill", a nation like no other, a nation that people around the world still admire, even though they loathe its leadership.George Bush, Dick Cheney and the ... ( more)
From Housing Panic - view blog entries - visit this blogMay 9, 2008 at 3:00 pm ET
And god forbid you got Maricopa Arizona, Naperville Illinois or any far-flung exurb.Thank you Ben Bernanke. In order to bail out your banker buddies, you've f*cked America.
... ( more)
From Housing Panic - view blog entries - visit this blogMay 9, 2008 at 8:21 am ET
"The American people don't want to make their neighbor's payment when they're having trouble making their own"- Rep. Randy Neugebauer, R-Texas, May 2008
... ( more)
From Housing Panic - view blog entries - visit this blogMay 9, 2008 at 7:02 am ET
Forget living like Jack Tripper or George Jefferson bitter renters. Now's the time to live like Donald Trump, but for pennies on the dollar, in a nice new house or condo - not an apartment ... ( more)
From Housing Panic - view blog entries - visit this blogMay 9, 2008 at 5:23 am ET
I'd ask you to contribute to the relief cause for Burma (and yes, it's Burma, not Myanmar), but as long as their evil dictator and his henchmen remain in power, the relief likely won't get ... ( more)
From Housing Panic - view blog entries - visit this blogMay 9, 2008 at 3:29 am ET
If REAL inflation is running at 7% to 11%, doesn't that mean that the US economy growing at only 0.6% really signals a pretty massive recession? And that "flat" US average incomes are actually plummeting? ... ( more)
From Housing Panic - view blog entries - visit this blogMay 8, 2008 at 4:56 pm ET
It's coming.You can just feel it.Countrywide is about to go belly up, Angelo Mozilo is about to be indicted, and BofA is about to make a run for it.No way this deal goes through as ... ( more)
From Housing Panic - view blog entries - visit this blogMay 8, 2008 at 4:24 pm ET
“They really weren’t building homes, they were building mortgages that they could put in to their investors or lenders to put into mortgage-backed securities and in turn sell them to investors in China, France, other ... ( more)
From Housing Panic - view blog entries - visit this blogMay 8, 2008 at 9:30 am ET
Ever make the mistake of thinking someone with a big house, nice cars, expensive clothes and a lavish lifestyle was rich (when indeed they were simply jacked up to their eyeballs in debt)?
... ( more)
From Housing Panic - view blog entries - visit this blogMay 8, 2008 at 12:35 am ET
I've changed my mind.All this time, I thought W. was an incompetent boob.But today - brilliance. Rock-solid genius.George W. Bush - you are my hero. OK, just on this one thing....Bush says he will ... ( more)
From Housing Panic - view blog entries - visit this blogMay 7, 2008 at 11:51 pm ET
I wish David Lereah could be jailed.I wish David Lereah could be sued.I wish he could be taken out back and tarred and feathered.But alas, he can't. He, the NAR and the 1.2 ... ( more)
From Housing Panic - view blog entries - visit this blogMay 7, 2008 at 12:08 pm ET
Here's Blanche, poor, poor Blanche, finding herself in a massive gaping historic obvious hole, and digging like a crazed fox.Come on Blanche, "blame the media" or "pretend there is no housing crash" is sooooooooo 2007. ... ( more)
From Housing Panic - view blog entries - visit this blogMay 7, 2008 at 12:46 am ET
Thanks for playing Hillary, you power-mad psycho.Now go away.And in the future America, no more sons of presidents and wives of presidents, OK?Now on to the general election - McCain versus Obama. And Americans stuck ... ( more)
From Housing Panic - view blog entries - visit this blogMay 7, 2008 at 12:20 am ET
"Fannie Mae has gone from bad to worse to below rock bottom, and the mortgage company expects losses to be in the depths of fiery hell by next year"- Maurna Desmond, Forbes, May 2008
... ( more)
From Housing Panic - view blog entries - visit this blogMay 7, 2008 at 12:02 am ET
No, this is not a joke. David Lereah, the thoroughly discredited former Chief Cheerleader for the evil National Association of realtors, publisher of the hilarious comedy "Why the Real Estate Boom Will Not Bust", and ... ( more)
From Housing Panic - view blog entries - visit this blogMay 6, 2008 at 6:24 am ET
"And when the history is written, it'll be said that we lived in a safer country, and a more hopeful world, because George Bush was President of these United States."- Dick, and I mean Dick, ... ( more)
From Housing Panic - view blog entries - visit this blogMay 5, 2008 at 11:43 pm ET
You wonder what a couple of pandering idiots like Clinton and McCain were thinking.Just two more short-sighted politicians, doing and saying anything to get elected. Even if it's stupid. Even if it makes zero economic ... ( more)
From Housing Panic - view blog entries - visit this blogMay 5, 2008 at 10:35 pm ET
Every homedebtor and housing gambler in America now has the incentive to stop paying their home loan, immediately.People who pay as promised get nothing. No cut in principal. No reduction in interest rate. Nothing.People who ... ( more)
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