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Nah, this won’t be on MSNBC or Fox News tonight. Ron Paul predicts worldwide economic crisis, complete with the loss of liberty

When researchers 500 years from now look back at the American empire circa 1980 - 2010, they’ll come across Ron Paul. And they’ll say “damn, that’s one dude that understood what was going on. Too bad nobody listened”A partisan Democrat kicks off this video, but then Ron Paul brings it home. Watch the whole thing. Damn, it would be nice to see him run as an Independent. His voice is needed in the debates….
Original Source


  5 Abril, 2008| housingblogs | Comments (0) @ 23:35
One more time folks, it only takes 1 second to not be "anon". Just click "name/URL", type in any old name and then enter, and PRESTO, you matter

Anon’s are gutless and lazy. Anon’s make it impossible to track a conversation or give someone credit for something smart (or visa versa). You don’t need to register with google. If you’re too lazy to click “name/URL” then at least sign your post in the body, like this:- stupid guySomething like that. See - that was easy….
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  5 Abril, 2008| housingblogs | Comments (0) @ 22:50
HousingPANIC Definition of the Day - "counterparty risk"

Counterparty Risk:The risk that the other party in an agreement will default. In an option contract, the risk to the option buyer that the writer will not buy or sell the underlying as agreed.

Original Source: housingpanic.blogspot.com


  5 Abril, 2008| housingblogs | Comments (0) @ 22:35
Non-Residential Structure Investment in Q1

Construction SpendingEarlier this week, the Census Bureau reported that private non-residential construction spending had declined for the third straight month….
Original Source: bp3.blogger.com/_pMscxxELHEg/R_JBqdDCIg


  5 Abril, 2008| housingblogs | Comments (0) @ 22:19
Encore Condo Stuck At 12 Units Sold

Here is a preview of what the Sunday O will bring us:The downtown condo slowdown is proving to be worse than most people expected. We wrote last fall about the rise and fall of the condo market. At the time, people we talked to seemed to think the slowdown would be temporary and not too painful. They expected job growth would continue to be at least stable and population growth would be strong, two prime drivers for housing demand.T…
Original Source: feeds.feedburner.com/portlandhousingblogspot


  5 Abril, 2008| housingblogs | Comments (0) @ 20:01
Throwing Away Money In California

Marketplace reports from California. “Tess Vigeland tours the wasteland of foreclosed homes near Stockton, California, and meets a family that’s resorted to squatting in their own home. Vigeland: ‘Dan Sinclair’s a 43-year-old systems analyst who lives in Patterson with his wife Esmeralda and their three small children.’”

Original Source: thehousingbubbleblog.com


  5 Abril, 2008| housingblogs | Comments (0) @ 19:49
This Housing Mess is Getting Ugly and Your Face Shows it. Unintended Consequences of Lost Home Equity.

A reader sent in a fascinating story from the L.A. Times (hat tip Exit) discussing the impact of the housing market on plastic surgery. If you’ve noticed recently that people are looking less like Hollywood stars and more like average folks, you can blame it on the disappearing equity. Here in Southern California in places like Los Angeles and Orange County, plastic surgery is as common as dying your hair a new shade of blonde. As much as the government wants people to keep spending, they have no idea where people will put their money. Not only were people adding granite countertops to their kitchen but also placing a few headlights on their body:

Original Source: feeds.feedburner.com/DrHousingBubble-HowILearnedToLoveSocal


  5 Abril, 2008| housingblogs | Comments (0) @ 19:40
Upgrade Complete

Borat - Two Thumbs Up
From what I can tell, it looks like the upgrade went well.  All the content from the old platform was brought over and we even used some nifty tricks to make sure that links to the pages on the old platform are now linking to the new pages.
Our f…
Original Source: www.irvinehousingblog.com


  5 Abril, 2008| housingblogs | Comments (0) @ 18:09
Foreclosures in Denver

Yesterday I posted excerpts from an article about house prices in Denver. The article in the U.S. News & World Report featured a graph showing house prices neighborhood by neighborhood. In some areas prices are flat or rising, in other areas - especially those with signficant foreclosure activity - prices are falling….
Original Source: feeds.feedburner.com/CalculatedRisk


  5 Abril, 2008| Uncategorized | Comments (0) @ 17:58
A Price War And A Beauty Contest In Florida

The Orlando Sentinel reports from Florida. “Developer Cameron Kuhn said Thursday that he is all but broke, in the process of swapping property and assets to clear his debt, and will soon be down to just one employee to keep his Orlando-based development business going. ‘There is a clarity in going broke. You find out who your friends are,’ Kuhn told about 70 business people attending a meeting in Orlando.”

Original Source: thehousingbubbleblog.com


  5 Abril, 2008| housingblogs | Comments (0) @ 16:47
The MSM and our leaders don’t want you to know how deep in the hole we truly are. It’s not $9 trillion folks. It’s $53 trillion and growing.

Too bad the MSM keeps mis-reporting the actual amount the US is in the hole. But I guess it’s just too much trouble to report the truth.It’s not $9.3 trillion as Katie Couric and every single other MSM report I’ve ever seen would like you to believe. If only it were such a pittance. No, per the …
Original Source


  5 Abril, 2008| Uncategorized | Comments (0) @ 16:28
Bits Bucket And Craigslist Finds For April 5, 2008

Please post off-topic ideas, links and Craigslist finds here.

Original Source: thehousingbubbleblog.com


  5 Abril, 2008| housingblogs | Comments (0) @ 13:45
Your government is lying to you about inflation. Any questions?

Thanks to shadowstats, here’s a look at the inflation roaring in the United States, using 1980 inflation measurment methodology.When the government doesn’t like the results, what does it do? It changes the rules of course. And the MSM and the sheeple just go along with it. “Oh, that’s what the government says, so it MUST be true!”…
Original Source


  5 Abril, 2008| housingblogs | Comments (0) @ 12:33
Savers - the most screwed class of all, hated by Ben Bernanke

* Savings account, bond and CD’s paying pretty much next to nothing* The US dollar getting more and more worthless by the day* Inflation roaring* No safe alternates…
Original Source


  5 Abril, 2008| housingblogs | Comments (0) @ 10:53
Janie loses money

“Buying and renting property seemed so easy and I fancied a bit of glamour. So I bought two apartments in Leeds: one for myself and one to let. The rent didn’t cover the mortgage and since the value had gone down I couldn’t borrow any more. …
Original Source


  5 Abril, 2008| housingblogs | Comments (0) @ 5:44
A new name for Bernanke: Hero

36142194It’s fashionable to criticize mainstream journalism these days, and tonight I will pile on: there isn’t enough serious and insightful coverage and analysis of the real drama in Washington right now — the three-way argument between the Fed, the Bush administration and the Congress over how best to respond to the economic mess.

Original Source


  5 Abril, 2008| housingblogs | Comments (0) @ 5:30
Here’s the CEO of RE/MAX, showing why America is sick, tired and disgusted with the entire realtor profession

“Lying” as a marketing strategy is soooooo 2005. Come on realtors - if it’s not working, and you know it’s not working - change directionIf realtors EVER want to eat again, they’re gonna have to change the message. They need to understand that sales aren’t going to pick up until prices come down - way down - and this kind of happy talk and spin is gonna keep getting them (and the market) nowhere….
Original Source


  5 Abril, 2008| housingblogs | Comments (0) @ 5:07
Some Prescient Testimony from the S&L Crisis

Andrew Leonard at Salon provides some Congressional testimony after the S&L Crisis in “The next time we have Black Monday”Prescient is too mild a word to describe [Stephen] Pizzo’s testimony. I recommend reading it in its entirety, so as to savor the full flavor of his brimstone and fire. But here is a choice excerpt, featuring Pizzo’s prediction as to the likely baleful consequences of allowing commercial banks to play with securities. … A…
Original Source


  5 Abril, 2008| housingblogs | Comments (0) @ 0:11

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