Comments on: Housing Industry Continues To Sour
Home Builders' Confidence Hits New Low; SoCal Home Prices Drop Almost 30% In June
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- CLEAN OUT THE BABY BOOMERS. SIXTEEN YEARS OF A BABY BOOMER GOVERNMENT HAS BEEN A DISASTER.
SIXTEEN YEARS IS ENOUGH!
Posted by txgrouch200
If only it were that easy. The boomers once said "dont'' trust anyone over 30. Well, a pack of hoes can be located in any flock and many of the boomers kids are the bitter fruit of the same tree. - Reply to this comment
- (CBS) Many depositors, who flocked to withdraw money from California''s IndyMac bank this week, suddenly were faced another problem: Where will their money be safe?
"I don''t know," one depositor said.
Another said: "You really don''t know, do you?"
For the average consumer, what do you look for in a bank?
How about looking for a good Swiss bank like UBS where right wing conservative with everyone but himself Phil Graham of Texas is chairman. It''s coming out that a group of very wealthy self proclaimed americans avoid taxes by stuffing their money in this foreign bank allegedly because taxes are beneath them. Is tax evasion just for the super rich? Yes, we live in a defunct corrupted nation of injustice. - Reply to this comment
- real Americans (called conservatives) will continue to work and defend this country from threats both without and within.
Posted by ritewingman at 05:53 PM : Jul 16, 2008
Real americans do not support oligarchs and dictators, right wingers do both "without" and "within". - Reply to this comment
- HERE''S MY SOLUTION.
Go to www.congress.org . Enter your ZIP+4 to get a list of YOUR elected representatives.
CLICK ON EACH NAME, and check the rep''s bio.
VOTE AGAINST anyone who was born 1946-1957.
CLEAN OUT THE BABY BOOMERS. SIXTEEN YEARS OF A BABY BOOMER GOVERNMENT HAS BEEN A DISASTER.
SIXTEEN YEARS IS ENOUGH! - Reply to this comment
- jeff92706 said: "Could it be because banks gave money to people who can''t afford to pay???"
Taxpayers gave money to a Fed who gave money to banks to pay back depositors who gave money to banks who gave money to banks who gave money to people who can''t afford to pay. In this game of musical chairs the little guys lose, cuz they''re expendable. Banks are too big to fail. In the end, homeowners and taxpayers will take the fall. But keep pushing that ''personal responsibility'' ethic if it makes you feel better about yourself. Its a natural human impulse to make money you didn''t earn, and when the bill comes due, the game is to be too ''important'' to the process to get stuck with it. Bankers have been playing that game forever. - Reply to this comment
- Our government''s perpetrating this fraud on the American people makes Danny Ocean''s heist of a casino look amateurish.
- Reply to this comment
- "I was not comparing the economic or political problems Germany was facing in the 1930s and 40s. Rather, I was making a psychological comparison of the people of Germany... the average citizens... whom under such duress were susceptible to whole-heartedly believing the rhetoric and propaganda of the time (which is similar to that of America today). And the majority of German people bought into that propaganda from the likes of Hitler, Goehring, and Goebbels. So anyone who had the slightest disagreement with their message were called "traitors", "anti-German", and whatever standard rhetorical label was spewed on a regular basis. Similar to automatically referring to me or anyone making such inference as a "far left idiot". - DaysRnumbrd
Hitler only got tinto power because of those desperate times, which we are FAR from.
and, so if I point out you are far left idiot because of your characterization of the current administration being Fascist, I''m a Nazi. Now I understand the liberal mind.
Liberals can call anyone else a Nazi, but if you mention they are just a little off point, you ARE a Nazi. So show me where I called you anti-American, a traitor, or the like. Do you fear crystal night ?
Ha HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA
It is called Freedom of Speech, idiot. And by expressing my views, I''m NOT necessarily a sheep like your ilk would have the world think. You paranoid far left rumor monger. - Reply to this comment
- this is the real reason potatohead paulson and ding dong ben and the whitehouse is willing to put americans money to save these banks..make no mistake in what they are doing.
SAN FRANCISCO (MarketWatch) -- Japan''''s private-sector financial institutions held slightly more than 10 trillion yen ($95 billion) in debt securities issued by U.S. mortgage lenders such as Fannie Mae and Freddie Mac as of the end of the fiscal year in March, according to a published report.
Both the government and the private sector have positioned the debt of U.S. mortgage firms as their core investment vehicles because of the entities'''' high credit ratings and yields higher than those of Treasuries, the business daily Nikkei reported Thursday on its Website.
For now, Japanese financial institutions are not in a rush to unload them on the view that there is little risk of those products plunging in value, thanks to the effective guarantee by the U.S. government, Nikkei said.
they are saveing all there freinds on wallstreet and the world, like china,japan. f- the american is what congress and the whitehouse is saying..
all that matters is us retireing with large sums of cash from all the sucker americans. - Reply to this comment
- No, no. The economy''s strong! King George says so!
Never mind the fact that he timed his press release at the same time Bernacke (the Fed expert) was explaining how poor the economy is, so fewer people would see it.
Oh, and never mind the fact that your purchasing power, adjusted by inflation, decreased 1% last month alone.
No! Everything''s great!! - Reply to this comment
- This is resembling the savings and loan crisis in the 80s. Deregulated fat cat lenders go on a buying spree with depositors money, end up with a bunch of bad investments. Gov''t bails them out with trillions in tax dollars coming the the same little guys they scr*wed, to keep the whole system from going under.
Same thing happened to the Japanese in the late 80s (Yakuza gangsters obtained ''special'' access to the Japanese little guys legendary savings, went on a buying spree that tanked their liquidity for 10-15 years!).
Deregulation, especially of banking, is something not encouraged since the 1920''s, for the good reason that, back then, it caused the Great Depression, took America 10 years, millions of bankruptcies, and thousands of suicides to recover from.
But, of course, Phil Gramm ''knew'' better! So, quit yer whining!! - Reply to this comment
- CBS Where are you getting your priorities on Headlines? We have a very strong Bank in Calf. _INDYMAC_ that has fallen under Government F.D.I.C. control. Peoples accounts are being LOOTED.. Some reporting statments shorted $80,000.00 Thats buys a lot of gas.. No one at the bank or F.D.I.C. is able to give them an to the documented statement issues. Get some reporters out there and let us know whats going on!!! "God Speed USA"
- Reply to this comment
- Posted by bobnjersey at 06:02 PM : Jul 16, 2008
Yeah. Bob. In Jersey. That kinda says it all. - Reply to this comment
- [Without a population that can think for itself, the media can continue to "program" the mindless masses with their liberal agenda.]
[Posted by ritewingman at 05:57 PM : Jul 16, 2008]
wow ... you want to talk about programming?
don''t bother reading it ... because you''re all ''living it''.
http://home.cc.umanitoba.ca/~altemey/
The studies explain so much about these people. Yes, the research shows they are very aggressive, but why are they so hostile? Yes, experiments show they are almost totally uninfluenced by reasoning and evidence, but why are they so dogmatic? Yes, studies show the Religious Right has more than its fair share of hypocrites, from top to bottom; but why are they two-faced, and how come one face never notices the other? Yes, their leaders can give the flimsiest of excuses and even outright lies about things they%u2019ve done wrong, but why do the rank-and-file believe them? What happens when authoritarian followers find the authoritarian leaders they crave and start marching together? - Reply to this comment
- If you are fan of all kind of news, you can start using http://www.chilipress.com website, where you can have quick overview what is new today.
Posted by novickar at 06:02 PM : Jul 16, 2008
..........
Nice! Thanks for the post/tip! - Reply to this comment
- [the stock market goes up 276 points, and CBS still manages to keep it out of the news.]
[Posted by OneAmerican- at 05:20 PM : Jul 16, 2008]
how stupid are you? the current market numbers are on the home page on the right side.
Posted by bobnjersey at 05:51 PM : Jul 16, 2008
.........
Yes, it is that obvious.
Sadly, what is not obvious to some is that the stock market AND the price of oil is mostly based on daily speculation and very little based on economic fundamentals. So, speculation is not always a top headline. - Reply to this comment
- [Wrong. Stock market went up 276 points today. Oil prices are still dropping since President Bush lifted the Executive ban on oil drilling. If the Democrat-controlled Congress would do their part to allow drilling, the price would REALLY DROP.]
[Posted by OneAmerican- at 05:48 PM : Jul 16, 2008]
wow ... aren''t you quite the financial analyst. are you working on wall street w/ this amazing insight.
do you have any view outside of a single day. - Reply to this comment
- To make this sort of comparison is pure BS from a far left idiot. Grow a brain, get involved in the real world.
Posted by rosieod4prez at 05:34 PM : Jul 16, 2008
............
I was not comparing the economic or political problems Germany was facing in the 1930s and 40s. Rather, I was making a psychological comparison of the people of Germany... the average citizens... whom under such duress were susceptible to whole-heartedly believing the rhetoric and propaganda of the time (which is similar to that of America today). And the majority of German people bought into that propaganda from the likes of Hitler, Goehring, and Goebbels. So anyone who had the slightest disagreement with their message were called "traitors", "anti-German", and whatever standard rhetorical label was spewed on a regular basis.
Similar to automatically referring to me or anyone making such inference as a "far left idiot". Thank you for proving my point. - Reply to this comment
- looks to me like the insult game is bi-partisan ... mr. factual.
Posted by bobnjersey at 05:55 PM
Perhaps. I''ll admit that bush as the president is pretty insulting for everyone. Fortunately that will change soon. - Reply to this comment
- [I thought mbcsmith''''s points were dead on. And, I see your response was nothing but insults. The last stand of a far left lib when he/she/it has been confronted with the facts ... Thanks mbcsmith for the FACTs.]
[Posted by rosieod4prez at 05:19 PM : Jul 16, 2008]
looks to me like the insult game is bi-partisan ... mr. factual. - Reply to this comment
- "OneAmerican - This is not uncommon. The liberal MSM will not present the good news, only the bad. That is unitl their messiah, Obama is elected. Then any bad economic news will either be verboten or blamed on Bush"
Posted by ritewingman at 05:49 PM : Jul 16, 2008
Exactly. What passes for "news" is really a liberal narrative, meant to steer the mindless into a specific action.
No wonder they call it "programming"... - Reply to this comment
