The question is if we can keep price stability through it all.
Well yeah, that's how we got into this mess...the low rates made prices (ie the principal being financed) rise. People buying shit/houses they couldn't really afford...coupled with the expectation that it'd go up forever so "I'd better buy now before that $200k house is $250k next year!"
I understand trying to stop the bleeding (relieving credit woes by forcing rates down), but let's not add fuel to the fire that started all of this. It's a big circular reference.
Well yeah, that's how we got into this mess...the low rates made prices (ie the principal being financed) rise. People buying shit/houses they couldn't really afford...coupled with the expectation that it'd go up forever so "I'd better buy now before that $200k house is $250k next year!"
I understand trying to stop the bleeding (relieving credit woes by forcing rates down), but let's not add fuel to the fire that started all of this. It's a big circular reference.
this can probably be tied to the people who voted for bush...not very smart people..
Well yeah, that's how we got into this mess...the low rates made prices (ie the principal being financed) rise. People buying shit/houses they couldn't really afford...coupled with the expectation that it'd go up forever so "I'd better buy now before that $200k house is $250k next year!"
I understand trying to stop the bleeding (relieving credit woes by forcing rates down), but let's not add fuel to the fire that started all of this. It's a big circular reference.
but this time around, lending (and receiving) is not as easy, even though rates are low. the rules have changed
Dont worry, these economic woes are merely a distraction from the real problem facing the United States (and the rest of the world) -- Britney Spears custody case/trainwreck and how bad the movie "Cloverfield" is. The smart money is going into douchebag companies.
Dont worry, these economic woes are merely a distraction from the real problem facing the United States (and the rest of the world) -- Britney Spears custody case/trainwreck and how bad the movie "Cloverfield" is. The smart money is going into douchebag companies.
Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs."
Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
Jeez, take a few bucks from your pocket and you become a real jerk. Money must rule your everything. So sad for you.
haha money hasnt left my pocket. im doing just fine. sorry if I offended you, but it must be the 104,023rd time I heard a "america only pays attention to britney" joke.
haha money hasnt left my pocket. im doing just fine. sorry if I offended you, but it must be the 104,023rd time I heard a "america only pays attention to britney" joke.
Same could be said about the "sky is falling" as pertains to the economy.
yeah but the sky really is wavering ... the strings holding it up are breaking here and there ...
what do you want from us?
Some of us are following the markets, or actively engaged in them, and it is REAL NEWS.
Forgive me for sensationalizing it, but it's in good fun, really.
No, that's fine and you should follow it. I'm trying make a point to JLew (like it matters). When someone else rattles on about the negatives on any subject he is the first person to call them Debbie Downers, etc... and America is strong, everything will be fine. But if the subject is interesting to him such as this one then dont fuck with him. Extremely hypocritical of him but he will never see it this way of course.
No, that's fine and you should follow it. I'm trying make a point to JLew (like it matters). When someone else rattles on about the negatives on any subject he is the first person to call them Debbie Downers, etc... and America is strong, everything will be fine. But if the subject is interesting to him such as this one then dont fuck with him. Extremely hypocritical of him but he will never see it this way of course.
dude I was ripping you for making a lame britney joke. you want to take about the economy, im ready when you are.
I think the economy has been "taked" about enough already and I need to get back to work as I dont live on this forum as a message board junky.
the economy can never be talked about enough IMO. its a living animal that changes by the second. but yes, by all means, get back to stuff envelopes, mailman gets here at 3.
the economy can never be talked about enough IMO. its a living animal that changes by the second. but yes, by all means, get back to stuff envelopes, mailman gets here at 3.
Hehehe. I actually own a business and fire chumps like yourself. I bet your bosses would be interested in how much time you spend on the message board while at work.
Hehehe. I actually own a business and fire chumps like yourself. I bet your bosses would be interested in how much time you spend on the message board while at work.
I own my own business too. but I have a day job that allows me to be on computers all day.....along with my 5 other screens and 47 programs open
in other news how bout that market rebound? amazing how drifitin disappears when this happens.
I own my own business too. but I have a day job that allows me to be on computers all day.....along with my 5 other screens and 47 programs open
in other news how bout that market rebound? amazing how drifitin disappears when this happens.
So what you're saying is we should be impressed?
lol
Progress is not made by everyone joining some new fad,
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
Wasn't intersted in trading the chop,
but looks like i did miss a good opp or two.
oh well, still have my shirt.
Very impressed that she held her "gains" today.
Yay Fed. :rolleyes:
You know how i really feel though.
Glad we didn't fall through the floor though, mmm kay.
atta boy. I knew you had it in ya. and yes I know how you feel about the fed but the market would be down 650 points had they not cut this morning. its a crazy game we play.
Comments
I meant after the next rate cut (in a few days) they need to stop, to fend off inflation....
michael moore posts here?
Well yeah, that's how we got into this mess...the low rates made prices (ie the principal being financed) rise. People buying shit/houses they couldn't really afford...coupled with the expectation that it'd go up forever so "I'd better buy now before that $200k house is $250k next year!"
I understand trying to stop the bleeding (relieving credit woes by forcing rates down), but let's not add fuel to the fire that started all of this. It's a big circular reference.
this can probably be tied to the people who voted for bush...not very smart people..
enjoy
but this time around, lending (and receiving) is not as easy, even though rates are low. the rules have changed
Excellent point. They aren't giving $300k mortgages to dogs with library cards anymore.
the britney joke is getting kinda old now.
I'll keep that in mind Mr Sunshine.
I assume she's out of the media then.. great...
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
Putting in lower highs and testing the downside again.
We may have seen a top here.
Dow is staying over 150 down now.
Think we may see her migrate back down a bit.
maybe -250 on the dow or so?
Don't see it going much higher.
As far as arguing the housing markets and longterm outlook here ...
meh ... i gotta say the fundamentals still suck bad, ugly, and worse.
Not seeing much cause for optimisim yet.
:(
If I opened it now would you not understand?
I appreciate a good joke like the next guy but between you and roland this place is simply.... not funny.
You can't believe how mad I was at my dog for defaulting on his loan. I smacked him with a newspaper and made him go lay down in the corner.
"What do you mean you didn't know the bank wouldn't accept Milk Bones?"
Stupid dog.
for the least they could possibly do
either way it should be a positive day. just ask yourself what you though the market was going to do....down at least 500...more like 600-800???
rate cuts are doing what they are supposed to do right now.
...are those who've helped us.
Right 'round the corner could be bigger than ourselves.
Jeez, take a few bucks from your pocket and you become a real jerk. Money must rule your everything. So sad for you.
Thomas Jefferson:
If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them, will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered."
"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs."
http://www.inteldaily.com/tpllib/img.php?im=cat_139/4948.jpg&w=300&h=396
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
haha money hasnt left my pocket. im doing just fine. sorry if I offended you, but it must be the 104,023rd time I heard a "america only pays attention to britney" joke.
Same could be said about the "sky is falling" as pertains to the economy.
what do you want from us?
Some of us are following the markets, or actively engaged in them, and it is REAL NEWS.
Forgive me for sensationalizing it, but it's in good fun, really.
If I opened it now would you not understand?
No, that's fine and you should follow it. I'm trying make a point to JLew (like it matters). When someone else rattles on about the negatives on any subject he is the first person to call them Debbie Downers, etc... and America is strong, everything will be fine. But if the subject is interesting to him such as this one then dont fuck with him. Extremely hypocritical of him but he will never see it this way of course.
dude I was ripping you for making a lame britney joke. you want to take about the economy, im ready when you are.
I think the economy has been "taked" about enough already and I need to get back to work as I dont live on this forum as a message board junky.
the economy can never be talked about enough IMO. its a living animal that changes by the second. but yes, by all means, get back to stuff envelopes, mailman gets here at 3.
Hehehe. I actually own a business and fire chumps like yourself. I bet your bosses would be interested in how much time you spend on the message board while at work.
I own my own business too.
in other news how bout that market rebound? amazing how drifitin disappears when this happens.
So what you're saying is we should be impressed?
lol
and reveling in it's loyalty. It's made by forming coalitions
over specific principles, goals, and policies.
http://i36.tinypic.com/66j31x.jpg
(\__/)
( o.O)
(")_(")
feeling better now?
lol.
i took a nap on my couch from 1 till 3.
Wasn't intersted in trading the chop,
but looks like i did miss a good opp or two.
oh well, still have my shirt.
Very impressed that she held her "gains" today.
Yay Fed. :rolleyes:
You know how i really feel though.
Glad we didn't fall through the floor though, mmm kay.
If I opened it now would you not understand?
atta boy. I knew you had it in ya. and yes I know how you feel about the fed but the market would be down 650 points had they not cut this morning. its a crazy game we play.