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Is the Fed trying to prick the bubble?


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2005 Oct 17, 10:05am   45,156 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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116   Jamie   2005 Nov 7, 1:30pm  

I hope he buys the shitbox now.

117   SJ_jim   2005 Nov 7, 5:06pm  

Oops, correction: huh is at 2240, not 2290. But that can change!

118   Jamie   2005 Nov 8, 12:18am  

"jack commented on, that picture that says “click to enlarge,” with the small picture showing up…very funny! "

Oh, are you guys talking about the profile picture? That one freaks me out when I click on it--turns me all pixelated like I'm composed of squares.

119   Jamie   2005 Nov 8, 12:24am  

"Jamie, I saw your blog. Not enough pictures. It’s very…rosy…or mauve…okay, it’s quite PINK! You should put more pictures."

More pictures of what?! The goat? Allah and the goat?

But my website has more than enough photos, on the about jamie page. None of the goat though.

And what's the problem with pink? It looks good with red and orange. It's the ultimate girly girl color!

120   Jamie   2005 Nov 8, 1:27am  

Yeah, yeah, pink *does* have tnose other connotations. They tend not to be the first thing I think of when I use the word though, LOL.

121   Jamie   2005 Nov 8, 1:30am  

Okay, I just read through the tangent thread to figure out what I'm supposed to be weighing in on. I would post there, but I'm ambivalent.

I already feel guilty about clogging up the blog with our off-topic stuff even down here in the shed. I think it's fine to keep the tangent thread where it is, because it does have an interesting and relevant topic, but I guess I don't really want to go off on a tangent on it while it's up there on top. ;-)

So I vote to keep it. And now that I think about the deleting issue a bit more, I think deleting all the stuff you talked about last night would send a bad message, after all the controversy over deleting yesterday. I'd just leave it as is. :-)

122   Jamie   2005 Nov 8, 1:53am  

LOL, yep, SQT.

I think the tangent thread is a really good thing, now that I've considered it more. No longer ambivalent. It's got an interesting topic, should anyone want to discuss, but it can also serve as a sort of release valve for some of us tangent-prone types. :-)

123   Jamie   2005 Nov 8, 2:24pm  

"I feel bad. I don’t think I jumped in soon enough on the Tangent Thread"

SQT, don't feel badly! He gets too easily distracted by shiny objects and can only talk to one person at a time.

"I think I’m just kind of mentally exhausted from yesterday"

That's how I feel now. So I totally understand.

"can be insufferable. Sometimes I think he’s deliberately obtuse just to annoy the rest of us. "

Um, after his last two comments to me--after I tried to make amends--I have a final opinion which I cannot state in a public forum without fear of deletion (he can go F himself and the goat he rode in on). I am officially ignoring him from here on out. I will NOT acknowledge his comments again.

124   SJ_jim   2005 Nov 8, 2:59pm  

(he can go F himself and the goat he rode in on).
.
.
.
...well then he just has to go play with himself.

The imagery! The horror! Make it stop!

I think that is the overall best solution...not responding. In fact, you two should make it a goal skip his posts...as in don't read 'em at all; it's not worth the "angst". Look, you're talking about being drained by yesterday's conflicts, etc. Who needs that???
:)

125   SJ_jim   2005 Nov 8, 2:59pm  

Huh? : ) = :)

126   Jamie   2005 Nov 8, 4:05pm  

Bury the crap...

127   Jamie   2005 Nov 8, 4:05pm  

Hide it...

128   Jamie   2005 Nov 8, 4:05pm  

Cover it up...

129   Jamie   2005 Nov 8, 4:06pm  

LOL I just got a "Sorry you can only post every 15 seconds, slow down cowboy message" from the server.

130   Jamie   2005 Nov 9, 6:18am  

Is the shed thread dead?

131   Jamie   2005 Nov 9, 10:22am  

Aw, come on, don't get all stern with me like that Jack. I mean, unless, you know, that's just your thing. I'm actually starting to like this thread better. The SHED THREAD, that is! It's taking on a certain Pigalle quality. Red velvet curtains, seedy people lurking about...

132   Jamie   2005 Nov 9, 10:23am  

Oh, and I somehow got lost trying to get here just now, and couldn't find it, and ended up on the social effects thread again. Surfer X called someone a cum drunk sorority whore over there, LOL. Such a talent for profanity that boy has. I'm in awe.

133   Jamie   2005 Nov 9, 12:09pm  

Oh dear. Jack has turned into a raving lunatic again. It's okay, Jack. Put away your can opener and come back out of the shed. We can work through this.

newsfreak already blew 2500, which is okay. I really don't like 2500. I don't like the 5. It doesn't work with 2.

134   Jamie   2005 Nov 9, 12:13pm  

Pigalle:

http://www.rendezvousfrance.com/pigalle.html

I believe it's where red velvet curtains were invented. ;-)

And *I* hung those curtains!

135   Jamie   2005 Nov 9, 1:28pm  

Oh the echo in here. Must hang more curtains to buffer the sound of my despair.

136   Jamie   2005 Nov 9, 3:36pm  

Of course red velvet curtains!

137   Jamie   2005 Nov 9, 3:37pm  

Uh oh, I didn't bore SQT to death with TS Eliot did I ?

138   Jamie   2005 Nov 9, 3:37pm  

Oh there she is!

139   Jamie   2005 Nov 9, 3:39pm  

Wow I really did bore everyone to death.

140   Jamie   2005 Nov 9, 3:40pm  

Hey you're supposed to be an existentialist. I thought you might like.

141   Jamie   2005 Nov 9, 3:41pm  

SQT, I don't know many writers who actually like poetry, so, no, I don't think it's required. :-)

142   Jamie   2005 Nov 9, 3:42pm  

I'm still trying to make up for making Jack feel badly last night. I think I didn't apologize: I"m sorry!

143   Jamie   2005 Nov 9, 3:44pm  

So SQT, I took my son to karate for the first time this week, and I kept thinking of you. And then I realized, I'm the one who should be taking karate, not him. My husband always says I should take up boxing or something because I have lots of pent-up rage, LOL, and so karate seems like a better alternative than boxing. For me, anyway.

144   Jamie   2005 Nov 9, 3:45pm  

But the instructor kind of sucks.

145   Jamie   2005 Nov 9, 3:47pm  

No my comment had nothign to do with caps or no caps, it was just something I meant to say earlier and forgot, and remembered just now.

146   Jamie   2005 Nov 9, 3:47pm  

How long have you been studying karate?

147   Jamie   2005 Nov 9, 3:48pm  

No one ever sees it but my husband.

148   Jamie   2005 Nov 9, 3:50pm  

The instructor might be fine for adults. He's just not good for a flakey head-in-the-clouds 5-yr-old. :-) I think my son is too young for it, or not ready (though he thought he was until he got in the class), so I'm not going to take him back. Maybe when he's older.

149   Jamie   2005 Nov 9, 3:51pm  

I might try it in a few more years. I'm too busy right now and usually get out all my agression running. I like it because I can do it alone.

150   Jamie   2005 Nov 9, 3:53pm  

Yeah, I think he thought it would be just like wrestling with his dad. But he is extremely UN-agressive, so it's kind of a joke for him to try it now, not understanding any of it really.

151   Jamie   2005 Nov 9, 3:54pm  

"Maybe we should have a Jamie vs SQT no limit death match! "

With mud and bikinis?

152   Jamie   2005 Nov 9, 3:55pm  

Watching the small kids, I thought it was interesting to see that the little girls seemed to take it more seriously than the boys. The boys seemed to be there just because they wanted to be power rangers or something, whereas the girls (mostly) were paying more attention. It was fun to watch, anyway.

153   Jamie   2005 Nov 9, 3:56pm  

"I dont like to admit that Jamie exercises such control over my um existance. "

Oh?

154   Jamie   2005 Nov 9, 3:58pm  

"I’m kind of obsessive about exercise, so I run too. But I still can’t lose the last 10 pounds from having kids dammit! "

I went on the stress and starvation diet. Not fun at all but it worked. :-/

155   Jamie   2005 Nov 9, 4:00pm  

"No, I excercise…"

Please Jack, tell us all about it.

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