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Is the Fed trying to prick the bubble?


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2005 Oct 17, 10:05am   44,864 views  442 comments

by Peter P   ➕follow (2)   💰tip   ignore  

I suspect the Fed is behind much of the stories about reconsidering mortgage interest deduction. (If they were really serious about it, they would stop deductions on interest for second (and third…) homes. I think this is basically a made up story, trying to inject a little caution into potential homebuyers who have trouble reading the writing on the wall.

By EBR

#housing

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13   SQT15   2005 Oct 19, 5:50am  

only to have your efforts not be rewarded by a society who’s mantra is, “get educated?”

California’s in deep, deep shit…

Isn't that the truth.

14   surfer-x   2005 Oct 19, 6:20am  

What annoys me is not taking the anal pounding necessary to get that seemingly worthless degree, it is the lies that surround it. Education used to be the path to at least a comfortable middle class lifestyle. That's gone daddy gone. Looking at the history of companies like IBM really saddens me. That company used to be great, not any more, Mr. Watson must be turning over in his grave. My experience has demonstrated that the only thing that is truly important is what your Father did, as your particular social class is not likely to be breached. I just get the feeling and have for a long while, that we are just really getting the shaft. What's the point of all the intangibles if you have to work 60 fucking hours a week to just get by. And don't give me that bullshit that you make 150K a year, or your buddy does, and they work 40hrs a week. Doesn't happen. 60hrs a week, think about that, it's 12hrs a day, figure in a 1/2 to 1 hr commute each way, dude, that 13-14hrs a day, wheres the intangible in that? Yeah that diploma looks good on the wall, but I don't know if I'd do it over. I think I would go the trade route and be a plumber or electrician. Just seems to be too much stress, I just feel the boomers have sucked the well dry and just won't get away from the trough. Seen the latest financial planning commercials? "your generation did everything (que hippys by VW van, now segway into aged boomers standing by VW van) and you still do, you need a financial services company that understands you!. Ack. But I must say, Central Coast boomers are better than BA boomers in that they at least buy you a drink before they talk at you.

Fuck the education, doesn't matter, perhaps it used to. Doesn't now. There is a wall of Gen-Y jerkoffs in the pipeline and they've gutted the educational rigor out of the system, trust me, I've actually heard this more than once "but I deserve a better grade". So even if you think you're secure and have a decent skill set, you can easily be replaced by 2 Gen-Y jerkoffs driving a Scion Xb or Honda Element. Don't know what's going to happen, I feel a lot of friction and stress in society that I just didn't feel before. The chill nature of Ca is long gone I fear, and the only thing left
is aging boomers pushing back the comb over and fumbling for their bong and pushing you out of the way so they can get their cave aged gorgonzola that much quicker.

15   SQT15   2005 Nov 2, 12:22pm  

Oooooooooh, this'll do!

I can't confirm that Hubba Bubba is MP, but he sure sounds like him. Speaking of sound, my house is oh so quiet right now. :D

16   SQT15   2005 Nov 2, 12:34pm  

Newsfreak

This link will show you how to do the emoticons we all love so much.
http://codex.wordpress.org/List_of_Emoticons

17   SQT15   2005 Nov 2, 12:38pm  

oops

Looks like they changed the page for the wordpress emoticons.
Try here instead.
http://codex.wordpress.org/Using_Smilies

18   Peter P   2005 Nov 2, 6:34pm  

Sphuh?

19   Jamie   2005 Nov 3, 2:18am  

SPHUH is in the house!

20   Jamie   2005 Nov 3, 2:19am  

"Wow, this thread even has a long post by Surfer-X talking about an anal pounding and everything"

SurferX sure likes to talk a lot about anal poundings... Hmmm....

21   Jamie   2005 Nov 3, 2:19am  

Hey where is everyone? Better not be over on the damn Huh thread messing up my nice round numbers!

22   Jamie   2005 Nov 3, 2:20am  

"Classic how Jamies post was 2021, the one that screwed up her own perfect 2020 number! LOL"

Oh shut up.

23   SQT15   2005 Nov 3, 2:20am  

SurferX sure likes to talk a lot about anal poundings… Hmmm….

I don't want to risk the wrath of Surfer-X by going there.

24   SQT15   2005 Nov 3, 2:21am  

Now children.

25   SQT15   2005 Nov 3, 2:22am  

My son got a hold of the phone and bumped me off the net for a minute. You don't think he's trying to tell me something do you? Naaah.

26   Jamie   2005 Nov 3, 2:25am  

"The kind of hurt where your body shuts down to only 30 percent functionality,"

I really didn't need to know about your bodily functions shutting down.

" The 18 hours of sleep a day, sleep=metaphor for death pain, Jamie"

I'm so sorry.

27   SQT15   2005 Nov 3, 2:26am  

Your son is displaying talking stick qualities early on in life SQT!

Precocious isn't he? _sniff_ I'm so proud.

28   Jamie   2005 Nov 3, 2:26am  

2024 is the new 2020. Nobody screw it up!

29   Jamie   2005 Nov 3, 2:26am  

Bye newsfreak. But you're on my shit list for blowing 2022.

30   SQT15   2005 Nov 3, 2:27am  

Wouldn't want to mess up your thread count Jamie.

31   SQT15   2005 Nov 3, 2:27am  

Do you get to be on your own shit list for messing up 2020?

32   Jamie   2005 Nov 3, 2:28am  

"I don’t want to risk the wrath of Surfer-X by going there."

Oh, I DARE him. :-P

33   Jamie   2005 Nov 3, 2:29am  

"Do you get to be on your own shit list for messing up 2020?"

I'm always the number one name on my shit list.

34   SQT15   2005 Nov 3, 2:29am  

Jamies thread count is saturated beyond recognition I am afraid…

All that SPHUH.

35   Jamie   2005 Nov 3, 2:30am  

"Jamies thread count is saturated beyond recognition I am afraid…. "

Damn SPHUH.

36   Jamie   2005 Nov 3, 2:31am  

Oh crap SQT beat me to it.

37   Jamie   2005 Nov 3, 2:31am  

"Putrifying to a ripe smell of dread.. "

Damn zombies.

38   Jamie   2005 Nov 3, 2:32am  

LOLOL, it looks kind of like Squirt when you use the lower case letters. Which brings to mind... Oh never mind.

39   Jamie   2005 Nov 3, 2:34am  

"I am not going to let you forget about the pain you have caused me Jamie. You know this, dont you? "

Is this actual pain or feigned pain for the purpose of manipulation? I'm sure it's the second, so please, go ahead, act all hurt and stuff.

40   Jamie   2005 Nov 3, 2:36am  

"Thanks Jamie. Kind of makes up my mind for me. "

Glad to be of service. ;-) SQT looks much better. No suggestion of squirting at all. None.

41   Jamie   2005 Nov 3, 2:37am  

"That’s just it! Its real and just because I have a somewhat tweeaked delivery, nobody believes me. Especially you. Tragic. The HORROR… Sad sad sad… "

You're like the boy who cried SPHUH!

42   Jamie   2005 Nov 3, 2:38am  

We never know when you're serious...I would guess because you are NEVER serious.

43   Jamie   2005 Nov 3, 2:45am  

"I am literally running up and down the stairs to wipe pen off the walls and then come up to the computer to post. Is this devotion or what? "

Ah, the joys of owning a two-year-old.

My daughter is that crazy age too.

44   Jamie   2005 Nov 3, 2:46am  

"No, its not like serious or not serious. Its two sides of the same emoticon. "

Huh?

45   Jamie   2005 Nov 3, 2:47am  

Oh, crap. I've pissed away an hour of work time serving the SPHUH. And now I really need to get some work done!

Sphuh for now.

46   Jamie   2005 Nov 3, 12:56pm  

LOL! I'm not mad. I can't believe you guys have had a whole conversation about me being mad. Such caring on this thread. I'm so glad there are people concerned about my well-being. ;-)

I was just joking about the uneven number thing, newsfreak. Really! Do I seem like the kind of person who would get my panties in a wad about someone messing up 2020 or whatever it was? I mean, I was the person who messed up 2020, wasn't I?

Annnyway, I have no idea what you were ranting about above, Jack.

All this confusion! all because I'm not using enough smiley faces!

:-) :-) :-) :-) :-) :-)

47   Jamie   2005 Nov 3, 1:28pm  

Jack is kind of volatile, newsfreak. You never know what crazy thing will set him off.

Sensitive artiste.

48   Jamie   2005 Nov 3, 1:30pm  

I just asked him to change his name back because I really was forgetting who he was. I was somehow confusing him with seattledude or someone. I actually forgot about that whole Mr. Right/Surfer X battle, because I fled the thread when it happened.

49   Jamie   2005 Nov 3, 1:31pm  

Oh, I forgot, smiley faces:

:-) :-) :-) :-)

50   SJ_jim   2005 Nov 4, 2:53pm  

Heyyyyyyyyyyyyyyyy!
Well, the "substance" thread took it to the "jaberwocky" thread today, huh?
I think I spent too much time on this stuff today...now I'll need to go into work tomorrow to make up for it. stupdid!stupid!stupid!

51   SJ_jim   2005 Nov 4, 2:53pm  

Not that jabberwocky isn't substantial... :)

52   SJ_jim   2005 Nov 4, 3:00pm  

"Jabberwocky". One of those words that's fun to say. But then if you keep saying it, it begins to sound foreign. Then, you start having a hard time pronouncing it...your mouth just starts seizing up on you. Or is that just me? Kind of like "marshmallow."

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