Home prices will fall up to 50%, the Fed can’t keep up with the jingle mail folks, cutting rates to 0 = 33% inflation. Poor, poor timing. Jimmy Rogers recently called on Blind Ben to resign, a total screw up.
If you don’t vote, you may just be Standing in the soup line, instead of proposing just to see people in them. They already exist. Many will need to focus on making a go of it living below their means for a while; these Liars, Killers and Economy Destroyers need to answer to the People. This is a Democracy.
Clinton’s didn’t have anything to do with a balanced budget. We had $10 $15.00 oil and the Republican Congress lead by my man Newt Gingwich and his contract with America mandated a balanced budget. Clinton also raped the military budget. Don’t forget about their tech bubble that Al Boring invented.
It is in fact socialist nonsense such as everyone should own a home that caused the current problems that we have now. What you don’t understand is that socialist agendas are created by both leftist groups and right extreme idiots. Regardless socialism is socialism and causes financial distress at the end. Why is it that these people just don’t understand? The Obama and Clinton health care for all bullsh-t. Freddie Mac /Fannie Mae created a socialist vacuum that transferred risk from banks to tax payers and 401k holders. it is socialist removal of risk that causes bubbles in the first place. People need to know and understand that when they take a risk that they can lose. And that is that. You buy a house — then u got to make payments for 30 years. u miss a payment u lose your house and your credit. Therefore, that loan amount should be very in line with what you can afford. this is not rocket science. The banks are socialist, the government is socialist, u r a socialist, and anyone who tries to remove risk from the equation of reward is socialist too.
I TELL EVERY PERSON HERE NOW. SOCIALISM IS NOT THE ANSWER AND WILL RUIN THE AMERICAN DREAM. STOP THE CORP WELFARE PROGRAMS AND THE GENERAL WELFARE PROGRAMS ALL TOGETHER. The socialist politics in this country must be abolished. we need free markets, less regulation, no government guarantees, personal accountability in the free markets — let there be skin in the game for the risk takers….
Consumer demand will drop. Unemployment will rise. The US will go into a recession at best, a depression at worst. Expect first stagflation (high inflation and high unemployment), both because of the increased price of imports and deliberate pump priming by the Fed, then deflation, as asset prices collapse so hard they take everything else with them. The other likely scenario is stagflation followed by hyperinflation. Formal inflation numbers put out will become not just a joke amongst market-watchers, but amongst the actual population. Same thing with unemployment numbers.
Home prices will fall up to 50%, the Fed can’t keep up with the jingle mail folks, cutting rates to 0 = 33% inflation. Poor, poor timing. Jimmy Rogers recently called on Blind Ben to resign, a total screw up.
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Comment by California immigration lawyers — November 14, 2008 @ 1:13 pm
If you don’t vote, you may just be Standing in the soup line, instead of proposing just to see people in them. They already exist. Many will need to focus on making a go of it living below their means for a while; these Liars, Killers and Economy Destroyers need to answer to the People. This is a Democracy.
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Comment by San Francisco real estate lawyers — November 14, 2008 @ 1:15 pm
Clinton’s didn’t have anything to do with a balanced budget. We had $10 $15.00 oil and the Republican Congress lead by my man Newt Gingwich and his contract with America mandated a balanced budget. Clinton also raped the military budget. Don’t forget about their tech bubble that Al Boring invented.
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Comment by San Diego California hotels — November 14, 2008 @ 1:16 pm
It is in fact socialist nonsense such as everyone should own a home that caused the current problems that we have now. What you don’t understand is that socialist agendas are created by both leftist groups and right extreme idiots. Regardless socialism is socialism and causes financial distress at the end. Why is it that these people just don’t understand? The Obama and Clinton health care for all bullsh-t. Freddie Mac /Fannie Mae created a socialist vacuum that transferred risk from banks to tax payers and 401k holders. it is socialist removal of risk that causes bubbles in the first place. People need to know and understand that when they take a risk that they can lose. And that is that. You buy a house — then u got to make payments for 30 years. u miss a payment u lose your house and your credit. Therefore, that loan amount should be very in line with what you can afford. this is not rocket science. The banks are socialist, the government is socialist, u r a socialist, and anyone who tries to remove risk from the equation of reward is socialist too.
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Comment by lasik — November 14, 2008 @ 1:17 pm
I TELL EVERY PERSON HERE NOW. SOCIALISM IS NOT THE ANSWER AND WILL RUIN THE AMERICAN DREAM. STOP THE CORP WELFARE PROGRAMS AND THE GENERAL WELFARE PROGRAMS ALL TOGETHER. The socialist politics in this country must be abolished. we need free markets, less regulation, no government guarantees, personal accountability in the free markets — let there be skin in the game for the risk takers….
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Comment by gold price — November 14, 2008 @ 1:18 pm
Housing prices and sales will continue to decline. Expect 3 years before the bottom; Commercial real-estate will suffer a steep decline as well.
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Comment by San Diego cosmetic dentist — November 14, 2008 @ 1:19 pm
Housing prices and sales will continue to decline. Expect 3 years before the bottom; Commercial real-estate will suffer a steep decline as well.
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Comment by Acne Medications — November 14, 2008 @ 1:21 pm
Consumer demand will drop. Unemployment will rise. The US will go into a recession at best, a depression at worst. Expect first stagflation (high inflation and high unemployment), both because of the increased price of imports and deliberate pump priming by the Fed, then deflation, as asset prices collapse so hard they take everything else with them. The other likely scenario is stagflation followed by hyperinflation. Formal inflation numbers put out will become not just a joke amongst market-watchers, but amongst the actual population. Same thing with unemployment numbers.
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Comment by Plastic surgery San Diego — November 14, 2008 @ 1:22 pm
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