I didn't say anything about challenging the US in a way that was patriotic...I even stated that it wasn't in a patriotic way but a "where did it...
No...those people aren't so tied to the central government is my understanding. You're talking about an autonomous group of people(Kurds) that...
According to Countrywide, 60% of their ARM loan clients wouldn't qualify at the fully indexed rate! OUCH! :eek:
I was in that area about 2 years ago and I'm not sure investments there are great. I'd invest in the Mediterranean area of Turkey or Beirut...
Agree totally....but who's to say that it wasn't the loan broker? I'd guess that a lot of loan brokers nudged people into this kind of activity...
Our system couldn't handle socializing anything...too much bullshit bias and lobbying. Look back at the Medicare bill a few years back...of...
I think this is far far from over. I would guess there will be an attempt on each company to let people off the hook on the grounds that they...
So 2005 and 2006 home sales being on overpriced, overleveraged, risky loaned, properties in bubble traps doesn't bother you at all. Okay, that's...
....and stock charts have very little to do with the reality of a PEAK. They actually make my case more so...do you see how many homes they were...
You just made my point...haha. The prices have done nothing but settle or go down since THE PEAK! That means everyone who has purchased since...
You misread me if your comments were in that regard. I have no problem being second best or third best or anything as a nation...but it's more of...
I travel a lot...80% of my traveling involves leaving the country. I know that the rest of the world is not in the ice age....but do you realize...
That's what you're blinding yourself to for some reason..and I don't understand why? Two years worth of loans at the peak of a bubble is a...
It's not a matter of how many loans were "written" last year or last two years...it's a matter of the loans given, the value of the house at the...
And he pays $3,500 in rent? That's insane! I think someone is shafting him. No joke and no offense meant.
Do you think everyone who bought homes in the last two years have good equity in their homes? You probably do...nevermind.
Of course...the denial of what's going to happen, not to mention the ignorance, is astounding. The credit tightening is going to be DESTRUCTIVE!...
Of course it is. But the fact that anyone can even come close to ranking us 7th, let alone question us is maddening. The most well funded...
Exactly...if it was easy times and their mortgages were 20% of their income, sweet! I'm sure they'd stay...but you get a mix of ARM loans,...
I understand that and was exaggerating no doubt. Credit is important, I spent a lot of time even when I didn't have money making sure not to mess...
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