Stopped clock principle in effect here -- a liberal Democrat who appears to get it, on this issue at least.
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To: Notary Sojac
I'm not sorry that all those developers building lofts downtown and in Hollywood and North Hollywood with no parking might have to eat their investment when they find they can't get half a mil for the 400-square-foot corner of a former sweatshop. This guy gets at least some of it - he does understand that when you engage in financial risk, which was the case in the over-inflated real estate business, you should not feel sorry for those involved.
There is a little too much class envy in this article for me though, which is what I think when some liberal loser uses the word "McMansion". However, a correction in this market is looooongg overdue.
To: Notary Sojac
So much of this fueled by over-specualation, and MASSIVE mortgage fraud, especially in the inner-cities...
100 posted on
08/27/2007 1:51:13 PM PDT by
tcrlaf
(You can lead a Liberal to LOGIC, but you can't make it THINK)
To: Notary Sojac
Stopped clock principle in effect here -- a liberal Democrat who appears to get it, on this issue at least. Ditto that.
103 posted on
08/27/2007 2:10:57 PM PDT by
TChris
(Has anyone under Mitt Romney's leadership ever been worse off because he is Mormon?)
To: Notary Sojac
Doom and Gloom headlines "Housing prices worst slump in 20 years." Of course they don't point out that we've had the most ridiculous price runup in history over the past 7 years.
http://mysite.verizon.net/vodkajim/housingbubble/shiller_graph.gif
The market is just doing what it always does when it overheats, coming back to earth.
121 posted on
08/28/2007 9:53:54 AM PDT by
FlyVet
To: Notary Sojac
"...just like you know the Poppin' Fresh dough carton is going to make that loud noise when you pull the tab..."Heck....hitting the side of the carton against the counter-top to open those Pillsbury cinnamon rolls was part of the fun. ;^)
145 posted on
08/28/2007 11:29:48 AM PDT by
DCPatriot
("It aint what you don't know that kills you. It's what you know that aint so" Theodore Sturgeon))
To: Notary Sojac
156 posted on
08/28/2007 4:51:04 PM PDT by
devane617
(Stop Illegal Immigration. Call your Senator today. Senate Switchboard at 202-224-3121.)
To: Notary Sojac
Yeah! just ask John Edwards, cashing in on foreclosures in the Katrina area! Nice Presidential hopeful!
157 posted on
08/28/2007 4:53:07 PM PDT by
ronnie raygun
(I'd rather be hunting with dick than driving with ted)
To: Notary Sojac
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.)
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?
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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