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  • Fannie Mae Earnings: It's Not Pretty [View article]
    Ok, Ok, Schlepstein:

    How is the US (service economy) "headed for a rebound?" This makes absolutely no sense.

    You have some random alterior motive that I can't figure out.

    As far as you predicting collapse. This is also wrong. Peter Schiff actually made the prediction in "Crash Proof."
    Aug 08 16:21 pm |Rating: 0 0 |Link to Comment
  • Fannie Mae Earnings: It's Not Pretty [View article]
    Yo Bernstien,

    Post your address. I want to send you an invoice for: a) wasting everybody's time; b) surplus charge for making yourself look really stupid.

    This guys a joke! Someone contact the SA tech support and have this guy removed from the Blog. This dude reaks of "interest only."
    Aug 08 16:08 pm |Rating: 0 0 |Link to Comment
  • Fannie Mae Earnings: It's Not Pretty [View article]
    BS Detector: Hoorah to you.

    This guy Bernstein is a retard. Or rather, a Realtard. I smell this guy is from the Real Estate Industry.

    The market will not so much continue to go down as it will continue to correct itself.
    Bet we also need two other variables to exist: Real wage increases and population increases.

    Until then, market declines are an imminent reality.
    Aug 08 16:02 pm |Rating: 0 -1 |Link to Comment
  • John Hussman: Can the Emergency Housing Bill Be Fixed? [View article]
    Here we go again....The Fed Bailing people out. What a joke....

    So here's what the future holds:

    -The Fed/Bush Administration ok's FHA to refinance overinflated homes at today's 2004 pricing.

    -x amount of homes are refi'd at max value (today's percieved value).

    -The RE market continues to adjust downward, slowly but surely ebbing its way to 1998 levels (market equilibrium/Where it's supposed to be).

    -Vwallaaa! The "$700k home" that they refinanced has predicatably adjusted downward and is now worth $650k.

    -So to start: $50k drop per home (not substantial or remotely unrealistic) multiplied by the 400,000 homeowner's the plan "will benefit" = larger deficit/another failed government plan.

    But, my friends it like a hard night out on the town after a good payday; it's fun in the beginning but the morning hangover reveals the truth.

    Mr. Bernanke I have two questions:

    1) Where do we get that giant bottle of Motrin for the bigger economic hangover to come?

    2) Where do I get and send the government paperwork that ensures my business has not downside risk and i'll be bailed out?
    Jul 31 12:41 pm |Rating: 0 0 |Link to Comment
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