gas will go up again.will the sheeples ever learn? the saudis are getting into solar(can anyone beat the desert sun) so they can sell electricity.they have 2 new oil fields coming on line.what do we have coming on line?LOL
Housing Construction: When Will It Resume, And at What Levels?
[View article]
they are building the wrong house. it should be 1,400-1,600 sqft on about 1/4 acre & it doesnt have to have a granite counter. it should have a 40 yr mortgage with a no heloc provision as the buyer should be cautioned that the roof overhead is not the atm machine.with 20% down the bank should be required to hold this loan & not sell it.
in todays world you cant trust nothing & nobody.you own nothing since taxes can rob you of everything.there was never a free market & will never be.for the most part the scoundrels & scammers in charge will steal the dumb-dumber sheeples of all.there is nowhere to hide & nothing you can do.
Wall Street Breakfast: Must-Know News [View article]
if you globalise then all things should be equal.this can never happen as all countries fool their sheeples with"we are the best" mentality.so the dumb-dumbs will continue to be ruled by the pols & the religious leaders.somehow the masses cant think for themselves.
the saudis are opec.they will control the situation only for their own benefit.they are now investing in solar power to sell electricity.who has more sun than their desert?
Two Mortgage Markets Emerging from the Crisis [View article]
sure with unemployment on the rise who wants to take a chance in financing these houses. good people on the job for close to 40 years are being laid off.they have a good credit history but their future is very questionable.the wrong houses are being built.build a modest 1,400 sf house on a 1/4 acre,offer a reasonable 40 yr mortgage, include a preventive clause so no heloc can be issued.teach the dumb sheeples that their home is not an atm but the roof over their head.the local banks can make a nice living & so can the builders.
Homebuilders Return to Former Glory May Be Wishful Thinking [View article]
a society cant exist for long shuffling phony rated AAA worthless paper around. if you dont produce a usable end product you become what we are now- a debtor nation.of course you can eat your granite counter.the sheeples may be waking up but it may be too late.sad.
Wall Street Breakfast: Must-Know News [View article]
no bailout for chrysler.contact your congress person( if you know who he is, as the sheeples arent too smart these days) & let them know you are against it. also drive less & less if you can manage it. drive opec out of business. i know its hard but every effort helps.
The Wealth Effect of House Price Declines [View article]
it was phony wealth backed by crooked phony ratings & appraisals.if the sheeples had saved they would not have to eat their granite counters as they lose their jobs & the fleecing continues.the pres. is busy making out his pardon of cronies list.paid my mortgage in 20yrs(30 yr mort.)paid cash fo my 2 cars(one 17 yrs old,the other 10yrs).no heloc as i figure my house is the roof over my head & not an asset but a liability.my credit cards are paid off every month.i am the scammer,scoundrel's nightmare.never bought stock on margin & avoided interest payments whenever & wherever i could.the smaller the print in this country the more careful you have to be before you sign anything.the insiders must be laughing all the way to their swiss bank accts.
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