Comments on: Once Booming Dubai Goes Bust

CBS Evening News: Following Wave Of Speculation, Real Estate Collapses In Middle East's Capital Of The Ultra-Rich

[debinok1]

Thank you, You may be interested to know that you are probably the first person I have encountered on these boards that I can disagree with on an issue, and do so with respect.
But I do think that "GW" is real. Just too much evidence for me to ignore.

Posted by hadenough43
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Thank you, I try to not be offensive or down right rude. So we have a different opinion everyone does at some point.

[debinok1]

I have spent the majority of my 42 years in a state where the motto is "if you dont like the weather wait a minute", I have seen it rain in the back yard while the sun shined in the front, I have seen tornadoes play hopscotch where it takes one house and leaves one, I have seen it snow one day and be 70 the next, we gauge the size of hail by the size of ball it equals(golfball, baseball, softball). Weather is nature and nature is fickle.

GW"...sorry, that one escapes me...

Posted by hadenough43
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Global Warming

Posted by DebinOK1
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Thank you, You may be interested to know that you are probably the first person I have encountered on these boards that I can disagree with on an issue, and do so with respect.
But I do think that "GW" is real. Just too much evidence for me to ignore.

[debinok1]

GW"...sorry, that one escapes me...

Posted by hadenough43
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Global Warming

Just a teeny tiny little preview of whats gonna happen when the oil finally does run out.
Or, we wise up and decide we''''''''ve burned enough of it.
Posted by hadenough43
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I agree we need to find a realistic alternative to oil. But not because of the GW horse manure. Because eventually we are going to be screwed if we dont.

Posted by DebinOK1
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"GW"...sorry, that one escapes me...

[downtowner97]

I am not going to laugh about this. Go to Google Earth and look at the other oil-producing nations of the Middle East. There''s little there. At least the Sultan of Dubai chose to reinvest his nation''s oil money into creating a shining city to attract tourists from around the world.

The biggest hurdle Dubai faced since the beginning is the oppressive heat of the place. It can be 122 degrees during the day.

[debinok1]

Just a teeny tiny little preview of whats gonna happen when the oil finally does run out.
Or, we wise up and decide we''''ve burned enough of it.
Posted by hadenough43
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I agree we need to find a realistic alternative to oil. But not because of the GW horse manure. Because eventually we are going to be screwed if we dont.

that lord of yours sayeth a whole lot of things.
Posted by hadenough43 at 10:59 PM : Jan 02, 2009

But it looks like this one is COMING TRUE.

Posted by txgrouch2008
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Ok, ONE .. in two thousand and nine years, helluva battin'' average...

[luvcomments]

I have to laugh. Just reading the comments, it''s so pathetically clear that we just love to see others hurting because our own stupidity and greed caused many of us to hurt. It''s all nothing more or less than the unavoidable consequencies of greed and irresponsibility on the part of many amongst us, no matter where it happens.

Nope no sympathy what so ever. For any of them. They all thought they were to rich to fail. They thought they were due. They sunk themselves.

Posted by DebinOK1
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Just a teeny tiny little preview of whats gonna happen when the oil finally does run out.
Or, we wise up and decide we''ve burned enough of it.

Try as hard as I can, I just CANNOT come up with any sympathy.
Posted by hadenough43 at 10:50 PM : Jan 02, 2009

Vengance is mine, sayeth the Lord.

Posted by txgrouch2008
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As we have discussed before, that lord of yours sayeth a whole lot of things.

[debinok1]

Nope no sympathy what so ever. For any of them. They all thought they were to rich to fail. They thought they were due. They sunk themselves.

Seem to be getting quite a few stories lately about how the luxury market is craxhing and burning.
Try as hard as I can, I just CANNOT come up with any sympathy.

[debinok1]

They reaped what they sowed, it''s their problem not ours. We need to focus on the things happening right here at home. Our economy, our growing homeless population, our jobless population and the growing hunger problem. Lets get back to focusing on the US.

[smurfcrusher]

Hard to believe they have more per-capita debt than our country.

[debinok1]

When we have focused enough on the economic situation overseas can we please focus on the US and what is going on here. Like the fact that yellowstone is still experiencing earthquakes and they are getting stronger.

[walt1944-2009]

I remember seeing a "60 Minutes" skit on Dubai where the "big shot" developer of Dubai was boasting about everything he planned on doing, from building the tallest building anywhere, to completely enclosing AND air conditioning an ENTIRE BEACH!

It ticked me off that here we were sending this country money for oil and they were able to totally build up their infrastructure catering for the mega-rich while we didn''t have the cash to rebuild a lousy bridge here!

Now, with oil prices and demand for oil going thru the floor, a "Green-minded" Obama marching into the White House, and the DEPRESSION caused by the Great Emperor Bush II finally catching up to them, it appears they won''t be enclosing and air-conditioning that beach after all!

And to think that Halliburton and KBR moved their corporate offices there!!!

How SWEET!!!

What goes around, COMES AROUND!!!!!

SIG HEIL, I''M MOVING TO DALLAS SO I CAN BE CLOSE TO MY LIBRARY AND KEEP AN EYE ON IT!!!, BUSH!!!

[impeach_o]

USE YOUR BIKE AND SEE THESE PEOPLE GO BACK TO HERDING GOATS..

[whitemale08]

So much for Darth Cheney''s get-away.

[atozee1]

Dubai still has plenty of fizz and will bounce back. As prices of property dropped, an opportunity has been created for those who missed out the first time around. At around $1,000 per sqft, Burj Dubai is a bargain. I think there is no better place to put your money. Even banks there are giving 6% on fixed term.