Dans Deep Creek Blog's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/259448/comments http://seekingalpha.com/article/114394-why-we-re-still-listening-to-economists?source=feed#comment-353900 353900
dansdeepcreekblog.blog...

January 21, 2008: "This is a great time to buy a second home at Deep Creek Lake!"

"local developers realize that Deep Creek has always been in high demand and that prices will go back up this summer"

That's summer 2008 mind you!]]> Mon, 12 Jan 2009 18:54:23 -0500
dansdeepcreekblog.blog...

January 21, 2008: "This is a great time to buy a second home at Deep Creek Lake!"

"local developers realize that Deep Creek has always been in high demand and that prices will go back up this summer"

That's summer 2008 mind you!]]> http://seekingalpha.com/article/108265-dividends-there-s-no-such-thing-as-a-free-lunch-on-wall-street?source=feed#comment-316209 316209
dansdeepcreekblog.blog...]]> Thu, 27 Nov 2008 10:26:31 -0500
dansdeepcreekblog.blog...]]> http://seekingalpha.com/article/98516-25-cash-cows-to-ride-out-the-storm-barron-s?source=feed#comment-276028 276028
No KFT, no JNJ, I guess no one consulted Mr. Buffett.]]> Tue, 07 Oct 2008 14:37:20 -0400
No KFT, no JNJ, I guess no one consulted Mr. Buffett.]]> http://seekingalpha.com/article/98895-big-troubles-for-the-euro?source=feed#comment-276025 276025 Tue, 07 Oct 2008 14:35:01 -0400 http://seekingalpha.com/article/98903-have-we-learned-anything-yet?source=feed#comment-276022 276022
Peter Schiff has been saying this for over two years .. people should have been ready for this.

dansdeepcreekblog.blog...]]> Tue, 07 Oct 2008 14:29:51 -0400
Peter Schiff has been saying this for over two years .. people should have been ready for this.

dansdeepcreekblog.blog...]]> http://seekingalpha.com/article/98281-why-the-bailout-bill-alone-won-t-solve-the-credit-crisis?source=feed#comment-271831 271831
If they get rock bottom prices there is no point because it doesn't really help the banks.]]> Thu, 02 Oct 2008 13:52:30 -0400
If they get rock bottom prices there is no point because it doesn't really help the banks.]]> http://seekingalpha.com/article/98281-why-the-bailout-bill-alone-won-t-solve-the-credit-crisis?source=feed#comment-271788 271788
dansdeepcreekblog.blog...]]> Thu, 02 Oct 2008 13:30:06 -0400
dansdeepcreekblog.blog...]]> http://seekingalpha.com/article/97578-o-bailout-package-where-art-thou?source=feed#comment-266629 266629
dansdeepcreekblog.blog...]]> Sat, 27 Sep 2008 01:45:51 -0400
dansdeepcreekblog.blog...]]> http://seekingalpha.com/article/95682-fannie-freddie-nationalization-where-will-it-end?source=feed#comment-256624 256624
As I've said from the day they announced this plan what exactly is the plan when 2010 comes and they can't sell these loans then either?

dansdeepcreekblog.blog...

And as for more regulation, in 2002 didn't we pass massive regulation to aimed at rooting out accounting fraud and protecting shareholders? Bear, Lehman, Merrill, Fannie, Freddie and AIG shareholders aren't exactly feeling like it protected them. The problem of course is that these things always solve the last problem, after the fact, and yet here only 6 years later we have another crisis of a slightly different nature. Hopefully at least we have realized along the way that not everyone should own a home and that it actually makes sense to have renters and lending standards. Shocking as it is.]]> Wed, 17 Sep 2008 01:29:27 -0400
As I've said from the day they announced this plan what exactly is the plan when 2010 comes and they can't sell these loans then either?

dansdeepcreekblog.blog...

And as for more regulation, in 2002 didn't we pass massive regulation to aimed at rooting out accounting fraud and protecting shareholders? Bear, Lehman, Merrill, Fannie, Freddie and AIG shareholders aren't exactly feeling like it protected them. The problem of course is that these things always solve the last problem, after the fact, and yet here only 6 years later we have another crisis of a slightly different nature. Hopefully at least we have realized along the way that not everyone should own a home and that it actually makes sense to have renters and lending standards. Shocking as it is.]]> http://seekingalpha.com/article/89377-some-housing-schadenfreude?source=feed#comment-253528 253528
dansdeepcreekblog.blog...

Yes it is very powerful indeed for the agents.]]> Sat, 13 Sep 2008 14:34:02 -0400
dansdeepcreekblog.blog...

Yes it is very powerful indeed for the agents.]]> http://seekingalpha.com/article/95233-foreclosures-actually-dropped-if-you-don-t-count-five-states?source=feed#comment-253268 253268
dansdeepcreekblog.blog...]]> Fri, 12 Sep 2008 23:48:01 -0400
dansdeepcreekblog.blog...]]> http://seekingalpha.com/article/95083-could-lehman-s-failure-cause-a-systemic-meltdown?source=feed#comment-252222 252222
He most likely didn't sketch that picture. He probably just took a regular photo and used a photo editor (there are many available) to apply that effect.]]> Thu, 11 Sep 2008 23:01:59 -0400
He most likely didn't sketch that picture. He probably just took a regular photo and used a photo editor (there are many available) to apply that effect.]]> http://seekingalpha.com/article/95019-nar-s-chief-economist-totally-clueless?source=feed#comment-252095 252095
dansdeepcreekblog.blog...]]> Thu, 11 Sep 2008 18:14:58 -0400
dansdeepcreekblog.blog...]]> http://seekingalpha.com/article/95019-nar-s-chief-economist-totally-clueless?source=feed#comment-252085 252085
dansdeepcreekblog.blog...]]> Thu, 11 Sep 2008 17:59:07 -0400
dansdeepcreekblog.blog...]]> http://seekingalpha.com/article/94918-fannie-mae-business-as-usual?source=feed#comment-251205 251205
So if they fully intend to nationalize the home loan industry where does it stop? Do they make mortgage brokers and loan officers agents of the federal government as well?

I do not believe that they can be successful in artificially propping up home prices forever, so eventually something has to give. Look at the home price index from 1890-2000 and then 2000-2005 (en.wikipedia.org/wiki/...), something is clearly wrong with the picture and something is unbalanced. Then look at this new chart (seekingalpha.com/artic...) from another Seeking Alpha writer within the last few hours and observe how Fannie and Freddie debt relative to GDP exploded in the same time.

My question then is can the government really step in and provide long-term support to bubble prices or is it only a short-term allusion of doing so? Even if they really do not intend to re-privatize Fannie and Freddie in 2010 or beyond.

On Sep 10 09:39 PM dlaw wrote:

"They are not going to sell at 10% a year. That's a nonsensical soak to the laissez-faire crowd.

The GSE book will expand ad infinitum."
]]> Thu, 11 Sep 2008 02:31:57 -0400
So if they fully intend to nationalize the home loan industry where does it stop? Do they make mortgage brokers and loan officers agents of the federal government as well?

I do not believe that they can be successful in artificially propping up home prices forever, so eventually something has to give. Look at the home price index from 1890-2000 and then 2000-2005 (en.wikipedia.org/wiki/...), something is clearly wrong with the picture and something is unbalanced. Then look at this new chart (seekingalpha.com/artic...) from another Seeking Alpha writer within the last few hours and observe how Fannie and Freddie debt relative to GDP exploded in the same time.

My question then is can the government really step in and provide long-term support to bubble prices or is it only a short-term allusion of doing so? Even if they really do not intend to re-privatize Fannie and Freddie in 2010 or beyond.

On Sep 10 09:39 PM dlaw wrote:

"They are not going to sell at 10% a year. That's a nonsensical soak to the laissez-faire crowd.

The GSE book will expand ad infinitum."
]]> http://seekingalpha.com/article/94918-fannie-mae-business-as-usual?source=feed#comment-251079 251079
dansdeepcreekblog.blog...]]> Wed, 10 Sep 2008 20:24:39 -0400
dansdeepcreekblog.blog...]]> http://seekingalpha.com/article/94770-will-the-bailout-alleviate-the-housing-crisis?source=feed#comment-250960 250960 Wed, 10 Sep 2008 17:20:24 -0400 http://seekingalpha.com/article/90609-one-third-of-new-home-buyers-over-past-five-years-now-underwater?source=feed#comment-250933 250933 Wed, 10 Sep 2008 17:03:49 -0400 http://seekingalpha.com/article/68716-investing-in-the-marcellus-shale?source=feed#comment-250927 250927
dansdeepcreekblog.blog...]]> Wed, 10 Sep 2008 16:56:32 -0400
dansdeepcreekblog.blog...]]>