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  1. peilthetraveler

    Bill Bartmann(ex-billionaire) How to succeed or how to fail?

    I just bought this guys book on friday and finished it yesterday. (his book is called "Bailout Riches") In it he gives a so called "blueprint" on how to buy non-performing loans and collect on them. Alot of it is good stuff (even though he does not go into detail much about how to price...
  2. peilthetraveler

    My Godfather took all the loans and credit he could, just before the collapse

    This is not true. When banks fail their assets get sold off to the highest bidder. And you can be sure that if you owe 50k dollars, the people that bought your debt are going to skiptrace you, run your credit, check to see if you own property and they will come after it. And dont think there...
  3. peilthetraveler

    My Godfather took all the loans and credit he could, just before the collapse

    Thats a developing corrupt country though. Alot has happened in 20 years. If you owe debt in the United states I would not put it past the government to say "ok, we are going to make all the people responsible for the collapse pay. We are going to find all the people that took out loans...
  4. peilthetraveler

    Real Estate: Fundamentals

    Interesting 4 years later. Looks like those starter homes are down to 139k. Even less if you go with manufactured housing
  5. peilthetraveler

    Great CA garage sale

    http://www.dgs.ca.gov/GarageSale The Governator decided to clean house a bit. I actually just got back from the warehouse. It started yesterday so I'm sure alot fo the good items were gone, as they had alot of junk for sale. They had lots of computers, but they were old. When I left they...
  6. peilthetraveler

    Entire Grocery Stores, Strip Malls, Shopping Malls&Office Buildings Empty in Sunbelt

    Lots of unemployment. Lots of internet searches for "make money online" So all these people think they are going to make 5000$ per month like these websites tell them they will for just "a few hours of work per month" LOL :)
  7. peilthetraveler

    Entire Grocery Stores, Strip Malls, Shopping Malls&Office Buildings Empty in Sunbelt

    I agree. Many people believe that because america is "the greatest country in the world" (their words) that we can never have hyperinflation. They really believe that because we are so big, we can print as much money as we want and our dollar will always be strong. Back in 2005 I thought...
  8. peilthetraveler

    Atheist country thinks old wood from earth are moonrocks!

    http://news.yahoo.com/s/ap/20090827/ap_on_re_eu/eu_netherlands_not_moon_rock Only took 20 years to find out a "moon rock" was actually just a piece of wood. I thought atheists were supposed to be skeptics about things? Oh thats right. They are only skeptics about religion. If someone...
  9. peilthetraveler

    How ironic that the theif got robbed!

    http://news.yahoo.com/s/afp/20090826/bs_afp/uscrimefinancebankbernankenewsweek_20090826232535 It reminds me of that movie with danny devito and martin lawrence where martin lawrence is a theif that breaks into devitos house, but gets caught by the police and right before they take him away...
  10. peilthetraveler

    Geitner: Auditing the Fed is a “line that we don’t want to cross”

    If you own shares in a company, dont you have the right to look at the books? If a company is issuing trillions of shares the way the fed is issuing trillions of dollars, dont you think your shares are getting diluted? I know I want to know if my dollars are being diluted, dont you? And...
  11. peilthetraveler

    Get rid of all healthcare insurance for everyone!

    60% of the world lives on 2 dollars per day. They live in dirt houses or houses made of bamboo. They go out and fish, or farm or work for someone all day for their meal. They walk everywhere (sometimes barefoot because they dont have shoes) THATS the poor, not somebody making 25k per year...
  12. peilthetraveler

    Get rid of all healthcare insurance for everyone!

    So think about this. Doctors who are fresh out of medical school all seem to want to go to the most profitable line of work in medicine. Plastic surgery. Now why is plastic surgery so profitable? I mean, Plastic surgery is relatively inexpensive because of the competition and strangely...
  13. peilthetraveler

    Baltic Dry Index down .... 2388

    I had bought a tanker company stock back in 2006 and I remember that the company had orders for ships to take delivery in 2009-2011. I saw many other competitors doing the same thing, ordering lots of new ships to take delivery later. They were staying pretty busy during the housing boom and...
  14. peilthetraveler

    how did people get it in their heads that long housing is an investment

    Suze Orman told them so! But seriously. If you are paying the same in rent as your PITI it makes sense because you are locked in for 30 years (if you are fixed) Over the years as your salary increases, your monthly payments stay the same. Cost to rent a house 20 years ago was $420 per...
  15. peilthetraveler

    This is what evolutionists believe they are from.

    Agree. I wonder what would happen if scientists created a time machine and took some samples of the material of the earth as it was first formed. Say they took a rock for example. Would their labs results say "hey this rock is BRAND NEW, Only a few days old!" Or would it come back as 100s...
  16. peilthetraveler

    Reality Show killer suicide, this is too much

    I actually watched the first episode of that show "Megan wants a millionaire" As I watched these guys all competing for Megan, all i could think is "how screwed up in the head are these guys" Looks like alot more than i thought!
  17. peilthetraveler

    How to make $4 million trading

    See how crazy thinking athiests are? At least when you give up material things in religion, you do it for God. This guy did it for nothing!
  18. peilthetraveler

    Why doesnt this surprise me?

    http://news.yahoo.com/s/nm/20090823/en_nm/us_lohan I just glanced at this on yahoo about Lindsay Lohan getting her house broken into. My favorite quote from this article was this... "A number of media reports at the time quoted police as saying officers initially thought the house had...
  19. peilthetraveler

    This is what evolutionists believe they are from.

    Seriously? You evolutionists believe this is what you came from? Is it because you have tried this? <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/6DBuk91phkI&hl=en&fs=1&"></param><param name="allowFullScreen" value="true"></param><param...
  20. peilthetraveler

    "...the three sorriest white people I've ever seen."

    Heres a reason why we shouldnt appologize for slavery. I am a 1st generation American. My family didnt own slaves in america(or in ireland as far as i know which is where my heritage is) What gives a politician the right to apologize for something my family never did or took part in. What...
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