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Is the Fed trying to prick the bubble?


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2005 Oct 17, 10:05am   45,070 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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344   Jamie   2005 Nov 13, 1:47pm  

I'm not darting.

345   Jamie   2005 Nov 13, 1:49pm  

I am here! Damn it!

346   Jamie   2005 Nov 13, 1:51pm  

I just meant I have stuff to do and will have to go in a little while. No big mystery, was just mentioning it.

347   Jamie   2005 Nov 13, 1:52pm  

The whole zombie thing is the sort of thing that should be discussed via email.

348   Jamie   2005 Nov 13, 1:53pm  

San Diego was very nice indeed.

349   Jamie   2005 Nov 13, 1:55pm  

So how's that housing bubble thing going?

350   Jamie   2005 Nov 13, 1:56pm  

It's hard to get past LA. The incessant traffic. It's like a big barrier dividing the state. Lucky 15 is not so trafficy so we could just go down in about 3 hours or 3.5, no big deal.

351   Jamie   2005 Nov 13, 1:58pm  

I haven't been sleeping much, I am walking dead.

352   Jamie   2005 Nov 13, 1:59pm  

Trying out the poem? You mean trying to live it or something? I will have to get a whole different life, and a gender change, and... LOL.

353   Jamie   2005 Nov 13, 2:00pm  

Robert Palmer music should indeed be hard to admit to!

354   Jamie   2005 Nov 13, 2:01pm  

Ah, coffee spoons, I get it.

355   Jamie   2005 Nov 13, 2:01pm  

Unlike SurferX I am actually a huge fan of certain 70s music. He's got it all wrong--music has been sucking more and more since then.

356   Jamie   2005 Nov 13, 2:02pm  

Well okay. I guess that's forgiveable.

357   Jamie   2005 Nov 13, 2:04pm  

SQT and newsfreak and anyone else lurking here in the basement needs to weigh in on the email list idea too. Peter P seems to deny the existance of a thread bubble, so I guess that makes him a "no" vote.

358   Jamie   2005 Nov 13, 2:05pm  

Was? Was a fan? How could she not still be? LOL, I guess Prince hasn't made any music in a while, but I don't tire of his old stuff.

359   Jamie   2005 Nov 13, 2:06pm  

Or maybe he has made music and I havne't noticed. I am a little out of tuch wiht current music.

360   Jamie   2005 Nov 13, 2:07pm  

Must have been nice to spend a decade raging on art. Did you always want to be an artist? Like from the time you were young? When did you figure out that's what you were?

361   Jamie   2005 Nov 13, 2:07pm  

Leave it where? Under your pillow? On the curb?

362   Jamie   2005 Nov 13, 2:08pm  

In a house? On a train? In a tree? Oops, sorry, lapsed into Dr Seuss Green Eggs and Ham.

363   Jamie   2005 Nov 13, 2:09pm  

Sam let me be! I do not like green eggs and ham! I do not like it sam I am!

364   Jamie   2005 Nov 13, 2:11pm  

Oops again. Excuse the random Dr Suess.

365   Jamie   2005 Nov 13, 2:12pm  

Very cool that you found your thing. Or if it's the thing that fucks you up...maybe not? But it has to be. Even if it makes you crazy, it has to be better than not creating....right?

366   Jamie   2005 Nov 13, 2:14pm  

Re not really a person in high school, just doing time. Great way to describe it. I could never take art classes at my crappy high school because all the headbanger kids took them because they liked to draw dragons and shit. But I was also just doing time, in utter misery. Hating life. I am so glad to not be a kid anymore.

367   Jamie   2005 Nov 13, 2:15pm  

Anyway, the headbanger kids ruined any and all classes they were in so I took the hard classes just to get away from them and ended up taking higher math and crap that I was lost in, LOL.

368   Jamie   2005 Nov 13, 2:16pm  

Well keep talking about this later. I've gotta go for now.

369   Jamie   2005 Nov 13, 2:18pm  

I'm trying to picture you just letting people sit, LOL. Pretty funny. Not really self indulgent, just being true to yourself. Wish I could say that!

370   Jamie   2005 Nov 13, 2:19pm  

I know what you mean. Well adjusted is such a relative thing anyway. Are all the well adjusted people really well adjusted? NOOOOOOO! They are just not aware of how fucked up they are.

371   Jamie   2005 Nov 13, 2:20pm  

Hmm, that sounded harsh. Must be all the coffee.

372   Jamie   2005 Nov 13, 2:21pm  

If I learn to play to lose, I'll win? Hmmm, must give this some thought.

Well, creatively I did make a kind of play to lose decision last week, I think... With my agent's prodding, anyway.

373   Jamie   2005 Nov 13, 2:23pm  

I DO lIKe iT!

374   Jamie   2005 Nov 13, 2:23pm  

HAHAAA my psycho typing looks more psycho than your psycho typing!

375   Jamie   2005 Nov 13, 2:25pm  

I don't know if she's the right agent ...we'll see. I've only been wiht her a year after firing my first agent of three years which was horrid and crazy stressful. Agent relationships are so much like marriage, except you don't get to date them to try them out first.

Anyway, the next month should be pretty telling as to whether she's the right agent or not.

376   Jamie   2005 Nov 13, 2:26pm  

Yeah that was some pretty psycho typing. Okay you win.

377   Jamie   2005 Nov 13, 2:27pm  

Gotta go for now. Later!

378   Jamie   2005 Nov 13, 3:52pm  

Hey you guys are being all chatty and stuff.

379   Jamie   2005 Nov 13, 3:52pm  

That's my new thing. I add "and stuff" to the end of every statement. I like that it makes me sound stupid.

380   Jamie   2005 Nov 13, 3:53pm  

I really should go to sleep now. Just wanted to see if SQT ever appeared. Hope you're feeling better soon SQT!

381   Jamie   2005 Nov 13, 3:54pm  

No way can read the last two hundred posts to see what you've been chatting about...

382   Jamie   2005 Nov 13, 3:55pm  

I know I know I'm late. :-( I really do need to go. I've got five zillion email messages to catch up on. Oh, and sleep. I should sleep! Did I say that yet?

383   Jamie   2005 Nov 13, 3:55pm  

Ciao my peeps! I love saying that. I'm sick, I know.

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