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Let mortgage fires burn on
LA Daily News ^ | 8-25-07 | Mariel Garza

Posted on 08/27/2007 4:06:37 AM PDT by Notary Sojac

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To: BearCub

It’s a fools game if you don’t know what you’re doing. I am smart enough to know that I don’t know enough about the stock market so I stay away from it. Many people aren’t as cautious as I in that respect and make foolish choices that wind up costing them big time.

That’s all I’m saying. If it works for you, more power to you. I just know my limitations.


161 posted on 08/28/2007 7:58:29 PM PDT by wayoverthehill
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To: Psycho_Bunny
If you’re not going to read what I said, why respond?

I, too, prefer .40 caliber over .45. You can get more rounds in the same size magazine, and the stopping power is nearly identical.

162 posted on 08/29/2007 7:02:01 AM PDT by Lazamataz
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To: quant5
Your stuck on legalities and formenting argument.

You mean to say You're, not Your and fomenting, not formenting. Your argument is therefore discharged as invalid under the United States Federal Appeal Law, USC 362 U.S. 217, 241.

Now if you want to start a fistfight about it, punk, I'M THERE!

163 posted on 08/29/2007 7:08:36 AM PDT by Lazamataz
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To: Lazamataz
I understand what you're saying but, the fact is that the actual existence of Dark Matter has never been directly proven.  It exists only as a mathematical hypothesis based on astronomical observations.
164 posted on 08/29/2007 7:13:13 AM PDT by Psycho_Bunny
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To: Psycho_Bunny
I understand what you're saying but, the fact is that the actual existence of Dark Matter has never been directly proven. It exists only as a mathematical hypothesis based on astronomical observations

Only if you let the butter burn! The key is not to heat the stove past about 300 and put the butter in a little olive oil, BEFORE adding the chicken breasts!

165 posted on 08/29/2007 7:24:29 AM PDT by Lazamataz
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To: djf

It is unlikely that any of us will graduate from the hamster class, with luck the cage we are turning round and round will be filled with friends and fun.


166 posted on 09/04/2007 5:50:31 PM PDT by GregoryFul (how'd that get there?)
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To: Notary Sojac

Sour grapes.


167 posted on 09/04/2007 5:53:24 PM PDT by TenthAmendmentChampion (Global warming is to Revelations as the theory of evolution is to Genesis.)
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To: 2ndDivisionVet

Post #12 well said.


168 posted on 09/04/2007 5:55:28 PM PDT by Extremely Extreme Extremist
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To: Always Right

Yours is the first post I’ve seen that talks about tight and loose money. The media blathers on about interest rates but they are lower than they were before W took office. It’s the money supply, as well as the interest rates, that matters.


169 posted on 09/04/2007 5:55:44 PM PDT by TenthAmendmentChampion (Global warming is to Revelations as the theory of evolution is to Genesis.)
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To: Dr. Frank fan

He is exhibiting sour grapes or envy. Libs are socialists and hate homeowners, small business people, two-parent families with kids, etc. who represent middle America with a commitment to this country. His article is dripping with contempt for folks like us FReepers.


170 posted on 09/04/2007 6:00:01 PM PDT by TenthAmendmentChampion (Global warming is to Revelations as the theory of evolution is to Genesis.)
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To: Hydroshock

The unspoken factor here is that congress has spent money like there’s no tomorrow and inflation is threatening. That’s why real estate, metals (many mines are opening up again after years of being shut down) and petroleum prices are rising. The Fed doesn’t want to acknowledge the effects of overspending, so it tinkers with interest rates and money supply to defray it. But they’ll have to deal with it someday. I’m afraid that will not be a happy day.


171 posted on 09/04/2007 6:07:34 PM PDT by TenthAmendmentChampion (Global warming is to Revelations as the theory of evolution is to Genesis.)
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To: Notary Sojac
Then maybe life can slowly come back to normal, and regular people with regular incomes can buy regular houses again without agreeing to loans so abusive they ought to be handed out of the back of gangster bars.

Does this mean new, quality pickup trucks will be selling for $3,000 instead of $40,000?

172 posted on 09/04/2007 6:12:37 PM PDT by dragnet2
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To: Notary Sojac
Now we are renting and waiting to scarf up some bargains.

Let me guess, you're the only one that has this plan?

Let me tell you, there are a whole lot of people out there with the same plan, waiting watching for what they think will be the leveling out of prices.

When sidelined investors, and millions of others just like you start to jump, guess what happens? Prices go right back up. LOL!

Meanwhile, you pay rent on someone else's investment.

173 posted on 09/04/2007 6:23:58 PM PDT by dragnet2
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To: GregoryFul
My question is, and will continue to be, WTF do I have to do to get my Free House?
174 posted on 09/04/2007 8:02:40 PM PDT by djf (America welcomes immigrants! Sadly, America welcomes crimmigrants even more...)
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To: djf
Buy at a price that is 3-4x the value of the house, using a no-money down, no doc, low interest balloon or adjustable rate mortgage with big prepayment penalty. Live high on the hog for a few years then stop payments when the SHTF.

Oh, and then when the Goldman Sachs (GS), Bear Sterns (BSC), BAC, CFL, LEND, TMA, bosses read the riot act to the the Fed Reserve governors, use your delinquent house payments to buy into the depressed financial stock anticipating the "government of the people, by the people" bailout of these billionaires.

175 posted on 09/04/2007 10:20:37 PM PDT by GregoryFul (how'd that get there?)
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To: Hydroshock; Lazamataz

yep.


176 posted on 10/10/2008 7:45:51 AM PDT by Rightly Biased (Courage is not the lack of fear it is acting in spite of it<><)
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To: Notary Sojac

Talk about foreshadowing

I just stumbled on this article from last August.


177 posted on 10/10/2008 7:49:06 AM PDT by Rightly Biased (Courage is not the lack of fear it is acting in spite of it<><)
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To: TenthAmendmentChampion

Looks like that day showed up last week and we are all paying for it.


178 posted on 10/10/2008 7:52:59 AM PDT by Rightly Biased (Courage is not the lack of fear it is acting in spite of it<><)
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To: quant5

Scenerio #2 Kinda sucks doesn’t it?


179 posted on 10/10/2008 7:57:10 AM PDT by Rightly Biased (Courage is not the lack of fear it is acting in spite of it<><)
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To: Always Right
Always Right huh? :^D

I think we are in good shape.

Can you define good. ;^))

180 posted on 10/10/2008 8:03:36 AM PDT by Rightly Biased (Courage is not the lack of fear it is acting in spite of it<><)
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