Comments on: Nearing the First 100 Days of the TARP: Three Major Trends that will Crush the 2009 Marketplace: Bank Hoarding, Resilient States now Being Dragged Down, and Losing Focus. http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/ How I Learned to Love Southern California and Forget the Housing Bubble Wed, 17 Mar 2010 11:59:37 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Sabin Figaro http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/comment-page-1/#comment-30032 Sabin Figaro Sat, 27 Dec 2008 19:52:31 +0000 http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/#comment-30032 @Cory I think the game is chess and we are the dispensable pawns. If senators and reps can be bought for tens of thousands, Madoff probably owns DC. Wonder why he fessed up and just didn't ask for a bailout like the other cronies? His plan was the same as the mortgage industry, wasn't it? @Cory

I think the game is chess and we are the dispensable pawns. If senators and reps can be bought for tens of thousands, Madoff probably owns DC. Wonder why he fessed up and just didn’t ask for a bailout like the other cronies? His plan was the same as the mortgage industry, wasn’t it?

]]> By: LaDonna Miller http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/comment-page-1/#comment-29979 LaDonna Miller Sat, 27 Dec 2008 01:44:06 +0000 http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/#comment-29979 Having lived in the Bay area for 13 years and now in Portland, OR I was surprised to read the 81% drop in values in Southern California. Real estate buyers always did bank on the appreciation and because of the steep housing prices and barrier to entry it is no wonder people got into Arms and betting that prices would continue to rise. This last post is frightening to me in terms of the amount of money our government keeps spending which is driving our economy deeper and deeper into a very difficult situation, one that might take a very long time to get out of. Having lived in the Bay area for 13 years and now in Portland, OR I was surprised to read the 81% drop in values in Southern California. Real estate buyers always did bank on the appreciation and because of the steep housing prices and barrier to entry it is no wonder people got into Arms and betting that prices would continue to rise.

This last post is frightening to me in terms of the amount of money our government keeps spending which is driving our economy deeper and deeper into a very difficult situation, one that might take a very long time to get out of.

]]> By: Matt http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/comment-page-1/#comment-29864 Matt Thu, 25 Dec 2008 01:10:09 +0000 http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/#comment-29864 Just like Ponzi's plan, Social Security does not make any real investments -- it just takes money from later "investors," or taxpayers, to pay benefits to earlier, now retired, taxpayers. Like Ponzi, Social Security will not be able to recruit new "investors" fast enough to continue paying promised benefits to previous investors. Because each year there are fewer young workers relative to the number of retirees, Social Security will eventually collapse, just like Ponzi's scheme. AnnS, since you defend SS, it is likely you are a bleeding heart liberal democrat and who believes in pro-choice. Therefore, if it wasn't for the 50 million abortions in this country since 1973, maybe, then maybe, SS can be considered not a ponzi scheme. Just like Ponzi’s plan, Social Security does not make any real investments — it just takes money from later “investors,” or taxpayers, to pay benefits to earlier, now retired, taxpayers. Like Ponzi, Social Security will not be able to recruit new “investors” fast enough to continue paying promised benefits to previous investors. Because each year there are fewer young workers relative to the number of retirees, Social Security will eventually collapse, just like Ponzi’s scheme.

AnnS, since you defend SS, it is likely you are a bleeding heart liberal democrat and who believes in pro-choice. Therefore, if it wasn’t for the 50 million abortions in this country since 1973, maybe, then maybe, SS can be considered not a ponzi scheme.

]]> By: SabinFigaro http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/comment-page-1/#comment-29841 SabinFigaro Wed, 24 Dec 2008 19:22:12 +0000 http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/#comment-29841 @Cory I think the hamster wheel has been spinning so fast we haven't stopped long enough to be outraged. I hear a lot of complaining, but it's like cursing the stars--the corruption is coming from so many directions who do you get made at? Madoff? Phil Gramm (mental recession, Enron Wendy, Gramm-Rudman/Glass Steagall)? Mozilo? Jamie Dimon? Where do you start? @Cory

I think the hamster wheel has been spinning so fast we haven’t stopped long enough to be outraged. I hear a lot of complaining, but it’s like cursing the stars–the corruption is coming from so many directions who do you get made at? Madoff? Phil Gramm (mental recession, Enron Wendy, Gramm-Rudman/Glass Steagall)? Mozilo? Jamie Dimon? Where do you start?

]]> By: doug r http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/comment-page-1/#comment-29808 doug r Wed, 24 Dec 2008 05:38:38 +0000 http://www.doctorhousingbubble.com/nearing-the-first-100-days-of-the-tarp-three-major-trends-that-will-crush-the-2009-marketplace-bank-hoarding-resilient-states-now-being-dragged-down-and-losing-focus/#comment-29808 Thanks Anna. Lots of good points-one more-when the big bulge of baby boomers gets through the system, it should ease up a little. Just putting in Al Franken's doughnut hole will take care of anything close to a shortfall: http://hanlonsrazor.wordpress.com/2008/06/14/barack-obamas-donut-hole-for-social-security/ Thanks Anna.
Lots of good points-one more-when the big bulge of baby boomers gets through the system, it should ease up a little. Just putting in Al Franken’s doughnut hole will take care of anything close to a shortfall:
http://hanlonsrazor.wordpress.com/2008/06/14/barack-obamas-donut-hole-for-social-security/

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