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Commercial Real Estate Next Big ‘Shoe to Drop’
Bob McCarty Writes ^ | 10-16-09 | Bob McCarty

Posted on 10/16/2009 4:05:26 PM PDT by BobMcCartyWrites

Describing it as a developing story, Fox News Channel’s Bret Baier just reported that President Barack Obama was briefed today about “the next big financial shoe to drop” — commercial real estate. It dovetails perfectly with what I reported nine months ago in a post, Trendwatcher: ‘Crash of ‘09? Will Be Worst Ever", and portends of more radical financial shenanigans — bailouts, stimulus packages, etc. — coming out of Washington, D.C.


TOPICS:
KEYWORDS: bailout; economy; realestate; refinancing
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To: Frohickey

Beats me....I don’t believe the doom and gloom. But if you did, call a broker and tell him you want to sell “short” on of the commercial real estate stocks. I think RWR is a fund that represents (reflects?) the REIT industry.

Then you have to market time and guess on a time period. Good luck with that.


21 posted on 10/16/2009 5:53:16 PM PDT by Drango (A liberal's compassion is limited only by the size of someone else's wallet.)
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To: Kenny500c

It was just plain vanilla wrap, no colors.

It took me a few seconds to realize just what I was looking at.


22 posted on 10/16/2009 7:13:18 PM PDT by razorback-bert (We used to call them astronomical numbers. Now we should call them economical numbers.)
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To: The Comedian

Easy fella...easy. We’ve got to keep a sense of humour in times like these.


23 posted on 10/16/2009 7:23:04 PM PDT by bricklayer
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To: An Old Man

I’m talking about people’s words. You can curse or bless a situation spiritually by the way you speak about it. You can bless or curse a person in the same way. This is a spiritual matter. The more you talk negatively about something, the more it’s apt to happen. I believe God can turn things around so I try not to look at my circumstances in a negative light.


24 posted on 10/16/2009 8:01:55 PM PDT by Marysecretary (GOD IS STILL IN CONTROL!)
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To: BobMcCartyWrites

Yep, Obama is just holding it off until after the congressional elections..........


25 posted on 10/16/2009 8:31:41 PM PDT by Freddd (CNN is not credible.)
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To: Marysecretary

I compare the world of the last year (and the US specifically) to Berlin of 1945. Life goes on, but there is unease. The unease gets worse. People eventually are building barricades of fences, furniture, and chunks of demolished buildings against the soviets they know are coming.

Then one day you start hearing guns in the distance. They get louder. After a few days, your own German troops start filtering in, many or most wounded. The guns get louder.

Then one day, you look down the street and see a Soviet tank turn the corner, stop, fire, and take out the building right next to you.

We are in the “the guns are getting louder” phase, but make no mistake, the “tank coming around the corner” day is coming. And as Celente said, it will almost certainly be before Christmas, or shortly after.

Have you noticed you don’t hear about California’s woes any more? It did NOT get better and is only getting worse, faster. But nothing but crickets from the MSM.

We are living in interesting times.


26 posted on 10/17/2009 4:56:16 AM PDT by RobRoy (The US today: Revelation 18:4)
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To: Drango

Unfortunately, short selling requires more precise timing. You could be absolutely correct, but off by a very short time period, and lose your shirt.


27 posted on 10/17/2009 4:59:06 AM PDT by RobRoy (The US today: Revelation 18:4)
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To: BobMcCartyWrites

I swear I am seeing ghost towns appear overnight because of the empty shuttered buildings that are growing more common.

Another stage of the destruction of America appears to be proceeding according to Obamas plans.

My breaking point may happen when my income is taken away from me to pay for socialized health care.


28 posted on 10/17/2009 5:11:40 AM PDT by Eye of Unk ("If there must be trouble, let it be in my day, that my child may have peace." T. Paine)
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To: razorback-bert

Strange indeed.

Seems to me like it would trap moisture inside and lead to mold growth.


29 posted on 10/17/2009 8:53:15 AM PDT by Kenny500c
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To: RobRoy

Yes, we are. It’s the best of times and the worst of times. As all of this goes on in the physical, however, God will work in the spiritual and those who put their faith and trust in Him will have a peace that passes all understanding. I believe people will call upon the Lord in all this turmoil and be saved. I won’t say it doesn’t scare me somewhat because it does. I don’t like change. I fear for my children and their families, but as my tagline says, “God is still in control.” I pray for America more and more. Love, M


30 posted on 10/17/2009 8:23:35 PM PDT by Marysecretary (GOD IS STILL IN CONTROL!)
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