patrick.net

bubblesitter says

This year is starting out exactly like last year. When are you and your buddy going to get tired of being wrong?

Keep your band wagon moving, with all your graphs. Reality on the ground is different cuz I see em in the redfin listings in my area, and in the open houses, offers are drying up, listings are repeatedly coming back on market after going into pending.....can't hide the truth behind your graphs...go check it out yourself....outside of Concord.

Call it Crazy says

Sorry dude, but you're wrong again. The chart was sales, not estimates. Plus, it's their one year chart, I didn't cut anything off.. Run their one year sales not estimate chart and prove me wrong.

You cut off the title of the graph, dude.

bubblesitter says

Keep your band wagon moving, with all your graphs. Reality on the ground is different cuz I see em in the redfin listings in my area, and in the open houses, offers are drying up, listings are repeatedly coming back on market after going into pending.....can't hide the truth behind your graphs...go check it out yourself....outside of Concord.

Let me translate:

"My anecdote beats your data."

Call it Crazy says

You want me to do all your work?? A few clicks of your mouse and you can find it. It's public data...

Huh? I want you to actually include the title of the graph that you post on here. That's not my work. That's YOUR work.

I thought he was a Zionist?

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

Say hey! This was in the Wall Street Journal on March 30, 1999. Note "... how much it will buy."

Holy cow/interesting/compelling ...!

And where is it up to date??? Right here ... see the first chart shown in this thread.
Recent Dow day is Friday, February 28, 2014 __ Level is 104.2

WOW! It is hideous that this is hidden! Is there any such "Homes, Inflation Adjusted"? Yes! This was in the New York Times on August 27, 2006:

And up to date (by me) is here:
http://patrick.net/?p=1219038&c=999083#comment-999083

WOW! The UNtrustworthy are certainly in control of what information is apparent to the people!

And http://patrick.net/?p=1230886

Sooooo, if G.W. Bush were to pull the mask off Darth Vader, he would find his grandfather?

"Nooooooooooooooooooooooooooooooooooooooooooooooo!"

People accessing their financial accounts through their phones are looking for problems.

Putin could place nuclear missiles in Cuba,Iran & Syria at their request & tell the U.S. that:
"Any violation of their sovereignty and territorial integrity would be deeply destabilizing," & "profound interference".

Fuck the Democrats,Republicans & any other U.S. warmongers Because they don't care if America gets fucked. Maybe they can bring war to the front door of every American.

Einstein:"I do not know how the Third World War will be fought, but I can tell you what they will use in the Fourth — rocks!"

anonymous says

If Crimea decides to secede from Ukraine—especially with what appears to be direct efforts from Russia to help that happen—there's almost nothing Ukraine or anyone else can do to stop it.

Crimea is a peninsula and Ukraine controls the neck of it. If it decides to build up forces there, it can do so much quicker than Russia could do it via air and sea. So, technically speaking, there is lots Ukraine can do to stop it, IF there is a political will to do that.

Straw Man says

anonymous says

If Crimea decides to secede from Ukraine—especially with what appears to be direct efforts from Russia to help that happen—there's almost nothing Ukraine or anyone else can do to stop it.

Crimea is a peninsula and Ukraine controls the neck of it. If it decides to build up forces there this can be done much quicker than Russia could do it via air and sea. So, technically speaking, there is lots Ukraine can do to stop it, IF there is a political will to do that.

And there is a lot of Shock & Awe that Russia can inflict on Ukraine.
I heard that Russia has missiles & aero'planes.

HEY YOU says

And there is a lot of Shock & Awe that Russia can inflict on Ukraine.

I heard that Russia has missiles & aero'planes.

Ukraine has plenty of these too. And very robust air defense system. Do not confuse it with much smaller and weaker Georgia.

Darth Vader was never as evil as a Bush. G.W. Bush & Republicans rhyme with the Death Star on 9-11. The Death Star was a failure & so was Bush/Reps.

APOCALYPSEFUCKisShostikovitch says

Guess what? Your data is already gone!

And your money is worthless.

But is the new political party in Ukraine in control,of the Ukranian military yet? I have been wondering that. Any answers to this.

casandra says

But is the new political party in Ukraine in control,of the Ukranian military yet? I have been wondering that. Any answers to this.

So far looks like it is in control.

I love this Putin guy: he's like me, but with smaller labor camps and better media managers.

Plus, right-wing Americans love him!

Call it Crazy says

I wonder who wins in this duel???

http://www.youtube.com/embed/Cn8FPOt2uZM

jojo says

Yes, but I think there is a 43% DTI rule that is now in place. So there are limits to the credit expansion.

The qualified mortgage rule attempts to define “safe” lending standard. The general number to remember here is 43%, which is the maximum debt-to-income ratio to qualify for a loan.

As with anything in the mortgage industry, the small text is a bit more complicated.

“The 43% debt ratio is what everybody has latched onto,” said Central Coast Lending owner Daniel Podesto. “There is a big ‘or’ that goes into that statement as well.”

“The loan has to be ‘qualified’, or meet Fannie, Freddie, or FHA standards.”

As Podesto goes on to explain, Fannie and Freddie qualifying loans can go up to a 50% DTI (with approval), FHA will go up to 57%, and VA will go to 60%. HARP loans go even higher.

Lenders that fail to meet these threshold will be subject to a 5% stake in the loan before selling it on the secondary market, which gives them incentive to manage risk effectively.

http://www.centralcoastlending.com/2013/10/mortgage-rules-2014-fees-cap-qualified-mortgage-loans-expensive/

Idiotic

Obama does a lot of warnings, most are PR stunts for the public, since often those being warned are well aware of the emptiness in the actions behind words.

He's been acting like a king lately, not exactly someone who is taken seriously diplomatically. I just don't like that he has taken that attitude with us too, I don't care what he says to others... but he hasn't been treating America any better.

jojo says

This is what our country has become, paper pushers and gamblers looking for the next fix...(er...I mean innovation).

Very true, just by looking at the market cap data in the below link, the financial sector makes up 33% of the the total capitalization of the markets.

http://biz.yahoo.com/p/s_mktu.html

Follow the money.

Iosef V HydroCabron says

Plus, right-wing Americans love him!

Oh we love anybody who keeps Obama in his place...

Obama should ask Bush for help with Ole Puttie Poo.

Substitute realtors with left wing politicians (nancy pelosi, f u schumer, barbara boxer) and I will buy.

bgamall4 says

Now the only way house prices won't crash is if they do the easy money loan thing again. They can do that, drive prices up, crash the hell out of it and the investors will come back.

Life is a bitch.

Nope...will never happen the Banks are absolutely with out a doubt 110% still totally insolvent ...that would be the final straw for this fragile economy!

It could be called Grand Theft Realtor!

If you chainsaw nuns, you get bonus points!

Why the dollar will not crash

1. USA has energy and food independence
2. USA has strong national security
3. Interest rates will remain low while the deficits shrink
4. Inflation causes the debt to decrease relative to tax revenues
5. Increase in tax revenues due to increase in capital gains tax receipts
6. Eventual pay down of the debt in a few years because of the above conditions

Ceffer says

If you chainsaw nuns, you get bonus points!

What do you get if you slice pelosi in half?

indigenous says

Ceffer says

If you chainsaw nuns, you get bonus points!

What do you get if you slice pelosi in half?

You wouldn't want to do that, she might multiply.

A wood chipper feeding and incinerator might work.

Banks insolvency problem will be solved by the Federal Reserve providing further quantitative easing.

bubblesitter says

Waiting for the next comment. "The zerohedge guy is an idiot"

Ok I'll say it. Going from 5% to 8% then back to 5% isn't blowing a bubble then crashing or anywhere close. Get a grip. They grabbed all the low hanging fruit and are now trying (pretty unsuccessfully so far) to consolidate and manage what they bought.

Call it Crazy says

President Barack Obama expressed deep concern Friday over reported military activity inside Ukraine by Russia and warned "there will be costs"

Yeah, I'll stomp my feet up and down, I'll cry and I'll un-friend you on Facebook. Yup, that'll show that Putin guy.

CaptainShuddup says

Obama should ask Bush for help with Ole Puttie Poo.

You mean help from the guy who said - and I quote:

"I looked the man in the eye. I found him to be very straight forward and trustworthy and we had a very good dialogue.

"He's a man deeply committed to his country and the best interests of his country and I appreciate very much the frank dialogue and that's the beginning of a very constructive relationship," Mr Bush said.

http://news.bbc.co.uk/2/hi/1392791.stm

Wasn't Bush able to resolve the Georgia conflict, with out it being a big stink?

Youre kinda wacky(well a lot wacky), but I have to admit, the UC boss show makes my fiance tear up and gets to me a bit. The Sandy Hook interviews leave me with nothing. In fact if I was involved in something tragic like that, I can't imagine any scenario where I'd speak to the media, or anyone other than investigators in the aftermath.

jojo says

the prices are still too high even if people wanted to buy...

True.

adarmiento says

Banks insolvency problem will be solved by the Federal Reserve providing further quantitative easing.

Time for the peasants to revolt against the feds, in the way they are most afraid of: DON'T BUY!. Time for sanctions and boycotts against the most currupt institution to have ever attempted to destroy our great republic. Time to show we are not ignorant peasants, but tenacious citizens of the Republic, and the people of this country have made greater sacrifices in the attempt to preserve our democratic republic than something as simple as resisting the urge to buy. Not buying from corrupt corporations and not buying into this housing scheme is the first step towards loosening the power hold the feds have on our once great republic.

Call it Crazy says

FortWayne says

Obama does a lot of warnings, most are PR stunts for the public, since often those being warned are well aware of the emptiness in the actions behind words.

Yeah, now it's time for Obama to send Putin a "very" stern warning.... That should put Putin in his place...

At least Bush was bright enough to put people in charge who actually knew what they were doing..whether you agree with them or not is another matter. But Rice, Powell, Cheney, Rumsfeld, et al are all expert in foreign affairs.

Clinton, Hagle, Kerry(ugh), et al....not so much.

JH says

The qualified mortgage rule attempts to define “safe” lending standard. The
general number to remember here is 43%, which is the maximum debt-to-income
ratio to qualify for a loan.

Does not matter, the banks need to lend and will find ways around these faux standards as they have always done.

Do you get bonus points for leaving a steaming pile of crap on the carpeted floor of the living room?