rufusmcbufus

Nasdaq: All Clear on the Year

Oh, Bx, how I LONG to see you eat it with the notion that gadged-based idiocy will save us all. Gadgets are dumb.


On Mar 26 06:47 PM BxCapricorn wrote:

> Hey alright! Looks like all the residents of "tent cities" spent
> their Christmas money on Best Buy gadgets. It should be smooth sailing
> from here. Another false worry manufactured by "alarmists" and "bears".
> California's Silicon Valley should be flush with cash soon, and power
> the state right through its pension shortfall. Great news.

Can Homeowners Arbitrage the Mortgage Subsidy?

Oh, Richmond, you are very naughty indeed....but gosh that plan is truly breathtaking.

Fair Value for the S&P: It's Not 440

Here's YET ANOTHER guy who is saying "normal" is based in the experiences of the last 20 years. Mr. Brand, you still live in the cloud of the bubble head mentality.

How CNBC Squandered Roubini and Taleb

We can start talking about a bottom when CNBC goes off the air.

A Nation of Mortgage Slaves

Ooooooh...I'm sooooooo scared. As if "credit rating" will mean anything after this is all over. There is a HUGE overemphasis on the "you gotta have a good credit rating" mantra. Face it, it's a dying meme. When 30% of the population sits in a "bad credit" category you'd better believe an enterprising someone will figure out a way to service them. Credit fearmongers beware...rufus is on to you and will make you look stupid.
-rufusmcbufus


On Feb 03 09:29 AM User 105228 wrote:

> Credit may be damaged?!? Credit will be damage and with new stricter
> lending rules you can forget about saving towards a down payment
> on a house you could eventually afford because it is highly unlikely
> you will ever again qualify for a home equity loan with a forclosure
> on your credit history.

How Bad Was the 1980s Real Estate Crash?

But we're crashing with historically LOW interest rates. This has absolutely NOTHING to do with the 80s.
-rufus

The Scariest Chart Ever

That's not the scariest chart...This is... www.chrismartenson.com...

The Shadows of the Crisis: Past and Future

So, Steve, you're all for infinite bubble-blowing on over-hyped technology? We can grow ourselves out of anything even if that growth happens to be cancerous? Sarbox is nothing more than a very feeble and poorly implemented attempt to rectify the problems that the bubble mentality creates. High tech development has slumped to a new low because the particular brand of high tech you're thinking of is played out. Nobody needs yet another media format to store pop songs in. If anything we need tougher and more focused versions of Sarbox to knock out the Bernie Madoffs before they do real damage.

The Shadows of the Crisis: Past and Future

Tom..Seriously???. How about we strive for a mode where future generations are not expected to foot bills for previous generations? Such a scenario always guarantees infinite population growth. Not sustainable and, more importantly, completely undesirable. Inflate the number of humans and life becomes cheap.
-rufusmcbufus

Treasury's Plan Is Breathtakingly Awful

Oh, JasonC,
Now that the revolution is coming, you WILL be first with your back against the wall. I can hardly wait.
-rmcb

Housing: Did We Learn Nothing from the Dotcom Bust?

I wouldn't even know where to begin on your complete wrong-ness, john1.

Experts Tell Congress: To Consumers, It's a Recession

I don't understand what is wrong here. This is how it's supposed to be. The natural order of things. The plebes should be happy they can watch the good life on tv. I mean, geez, they get to look at all the cool toys I can accumulate from their toil and sweat. How is that not enough? If I had my druthers the middle classes would be imprisoned for even thinking they are allowed to encroach upon my exhaulted realm. Hear this, middlers (and you lowers that can read this), we in the upper echelons intend to keep what we have and will endeavor to take more of what you hold that is rightfully ours.

Offshore Troubles, Domestic Fears

hc, I don't buy your theory at all. Hyperinflation is infinitely worse than deflation. Hyperinflation gives you wiemar germany. You absolutely do not want to go down the road where it costs thousands of dollars for a loaf of bread. If that happens I guarantee it'll be blood in the streets...possibly ours.

Pessimism and Doom Our National Pastime: Flashback to the '70s

Shhhh....don't tell Mr. Perry the jobless numbers are complete horse#!@! and have been under-reporting joblessness for a long time.

'The Time to Buy Financials' Is Still Not Now

Yeah, well we can't all play the market perfectly. I did not particpate in that AND I'd say at this point I missed the party. But at least I bailed on the "hold forever because stocks always go up" mindset.And hey, now I can play the short the commodities bubble game.