This is great Jack. A 40 year chart is tough to read though, just looks like one big bull. Would it be hard to break it down to smaller time frames. 10yr, 5yr, 3yr charts would be just awesome.
Hey Jack, you would be wise to separate the housing stocks from the actual Real Estate market. Yes these stocks put in a very nice looking bottom, but they fell 75% from their highs. How much has actual R.E. gone down???
Due to liquidity, the physical R.E. takes much, much longer to work...
Have to really agree with gnome's points. The problem is not the Fiat system, but the people running the system.
And my question is, is it in our best interests to concentrate on keeping our growth rate steady? Shouldn't we be more concerned about keeping enough jobs for our citizens as well...
âThere will probably be some bank failures,â the Fed chairman told the Senate banking committee in his second day of biannual testimony to Congress.
He said the banks at risk were âsmall and in many cases de novo [new] banks that are heavily invested in real estate in localities where...
Whoa. I was seriously defending your post from the moderator who grouped it with the doomsday and 100% up day threads.
Yours has a chart with a specific pattern. A legit post.
Sure they are making a profit on not giving you the exact rate they are getting. But it sure is convenient. You want the best rate, you gotta go to New Zealand and open an account yourself. Then you are gonna get hit with fees when you transfer the money.
Some other mortgage relateds, but as for subprime exposure you'll have to check for yourself on each.
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Yeah, he inherited a mess so what options does he have now. As long as wages rise to offset the inflation, everything will be just fine. So maybe the Dems come in and start raising the minimum wage and we successfully screwed all our debters out there.
You know brother, if paying 35% of my income is the price to pay to live in this great country of ours and keep it great, I am OK with that. You could easily pay less taxes and move somewhere else, but good luck with your safety, security, and prosperity.
I would never look to any politician...
Sorry if I was rude. But I just have to laugh at statistics. Always.
Yes, lottery winnings are easily lost. I never said we should give handouts to anyone, we could give better opportunities though. How about decent education availability for all. I was really just pointing out that all this...
They are only human and doing exactly what we would do if put in their situation. (I believe this was Lincoln)
You know when I visit the poorest areas of a poor country, these are the nicest most genuine and hospitable people you could imagine. The key is they have to be poor and isolated...
A FEAR tactic that works very well, yes. But what I am saying is they will not raise the highest tax bracket no matter what is said to get elected.
Opportunities are becoming fewer and far between in our great country.
You did not answer my question.
Maybe this is easy for me to see because I grew up inner-city poor, and now I have to deal with wealthy people. It's very simple, it used to be called royalty. Now we fool people with "Democracy" and "choice." A question for you. How many people in congress or on the boards of the companies in...
This is just not true, brother. Most of the rich are so because their parents were rich. And most who are poor had poor parents. There is only a small percentage who make the transition from poor to rich, and even fewer who transition from rich to poor. The world has been like this since the...