I_Am_Madness Posted August 3, 2007 Report Share Posted August 3, 2007 596278[/snapback] That is a really old photo!! Have you seen the bags under her eyes lately? And they keep adding younger and younger reporters. That's got to leverage the bad eye days with extra stress. 596299[/snapback] You mean something like this? Link to comment Share on other sites More sharing options...
mdporter Posted August 3, 2007 Report Share Posted August 3, 2007 If this credit tightening continues it's going to affect more than home prices. Imagine if credit tightens in the auto loan market? How about tightening in student loans? All big ticket items are going to be affected. there have been huge amounts of inflation in home prices and edumacation costs... both enabled by easy credit. Link to comment Share on other sites More sharing options...
elh Posted August 3, 2007 Report Share Posted August 3, 2007 This about says it all. Confirms that 2003 - 2007 was a hyper-inflationary vacation from a Date with Destiny. The vacation ultimately makes the post-trip hangover all the more painful. I wonder if try2win blames us for this too. ____________________________ Source: Retuers Bond turmoil worse than Internet bubble: Bear CFO NEW YORK (Reuters) - Bond market turmoil sending investors fleeing from risk may be a worse predicament than the 1980s stock market fall and Internet bubble burst, Bear Stearns Chief Financial Officer Sam Molinaro said on Friday. "These times are pretty significant in the fixed income market," Molinaro said on a conference call with anal cysts. "It's as been as bad as I've seen it in 22 years. The fixed income market environment we've seen in the last eight weeks has been pretty extreme." "So, yes, we would make that comparison" to market events that also include the debt crisis of the late 1990s, he said. Link to comment Share on other sites More sharing options...
Grand Poopercycle Posted August 3, 2007 Report Share Posted August 3, 2007 Anyone recall that 3 peaks and a domed house theory? 596292[/snapback] Should read "3 bubble peaks and a doomed house" theory... 596302[/snapback] Dig it! Return of the James Brown mug shot! Yet another reason to 'feel good.' And now, off to the most hilarious KudLow ever! Link to comment Share on other sites More sharing options...
elh Posted August 3, 2007 Report Share Posted August 3, 2007 That Bear CFO statement sounds like a telegraph plea to BenSpan to pull out another put. Link to comment Share on other sites More sharing options...
FauxCaster Posted August 3, 2007 Report Share Posted August 3, 2007 If this credit tightening continues it's going to affect more than home prices. Imagine if credit tightens in the auto loan market? How about tightening in student loans? All big ticket items are going to be affected. there have been huge amounts of inflation in home prices and edumacation costs... both enabled by easy credit. 596305[/snapback] Too many people bought homes they couldn't afford. Too many morons in college. Link to comment Share on other sites More sharing options...
Private Skidmark Posted August 3, 2007 Report Share Posted August 3, 2007 Link to comment Share on other sites More sharing options...
mdporter Posted August 3, 2007 Report Share Posted August 3, 2007 hmmm Link to comment Share on other sites More sharing options...
philo_beto Posted August 3, 2007 Report Share Posted August 3, 2007 Here come's all the screaming for a bailout... If you are short you are fuked. The fed needs to heal the market woes, and make all irresponsible lenders and borrowers whole again. Hedge funds and ultra large investors using 10 to 1 leverage (usually to to cause short squeezes) will be bailed out. The market shall only go up. Link to comment Share on other sites More sharing options...
Grand Poopercycle Posted August 3, 2007 Report Share Posted August 3, 2007 'EFFING WHORES! Blathering 'Lender of Last Resort' bullshit all over the first 3 minutes. Go bankrupt and let 'the wonders of capitalism' do their magic. NO WELFARE FOR PIG MEN NOR RISK-LOVES, NOR THEIR BOOT-LICK COURTIERS!! Link to comment Share on other sites More sharing options...
elh Posted August 3, 2007 Report Share Posted August 3, 2007 'EFFING WHORES! Blathering 'Lender of Last Resort' bullshit all over the first 3 minutes. Go bankrupt and let 'the wonders of capitalism' do their magic. NO WELFARE FOR PIG MEN NOR RISK-LOVES, NOR THEIR BOOT-LICK COURTIERS!! 596313[/snapback] Only one man has the balls to do that. All praise Ron Paul. Amen. Link to comment Share on other sites More sharing options...
mdporter Posted August 3, 2007 Report Share Posted August 3, 2007 If this credit tightening continues it's going to affect more than home prices. Imagine if credit tightens in the auto loan market? How about tightening in student loans? All big ticket items are going to be affected. there have been huge amounts of inflation in home prices and edumacation costs... both enabled by easy credit. 596305[/snapback] Too many people bought homes they couldn't afford. Too many morons in college. 596309[/snapback] People were financing college with HELOCs and cash out refis. The colleges sucked all that money down and demanded more. There going to be some adjustments there. Link to comment Share on other sites More sharing options...
shorty Posted August 3, 2007 Report Share Posted August 3, 2007 cBS Markit Beeyatch Weekend RoundTable Dick Shyster, Merrill Lynch: "We think this bull market still has legs and we're upgrading the Dow from a strong accumulate to an aggressive acquire." Omy Godgitmeout, Bared Stearns: "Tech stocks look like real bargains here but the best opportunities are in the housing sector. While home price may rise only 2% to 3% this year, and some overextended markets like Florida could see 0.1% to 0.2% declines on profit-taking, we feel that the housing market will return to normal 20% to 30% annual gains by next year, and with low inflation stocks will soar to new highs." Shorty, Capital's Tool: "Bullphoric morans shat themselves again today after a desperate buyback scam announced by Dow CONponent Proctologist's Gamble backfired and wild-eyed shell-shocked underwater homoaners liquidated their mutual frauds to flush it all into their jacked ARM Liar Loan mrotgouge black holes so they can hold onto their Beanie Babies for one month longer than their neighbors and can be the laSSt ones to have their sorry foreclosed aSSes dragged out of the neighborhood downtown into the homeless shelter to sleep on soiled cots next to Chester the Molester while they wait to jockey for free coffee and beans in the morning." Link to comment Share on other sites More sharing options...
Private Skidmark Posted August 3, 2007 Report Share Posted August 3, 2007 MSM now jumping on board whole hog. From Marketwatch: Is an economic Katrina poised to overtake the financial system's levees? Bill Gross is interviewed in the article and proves he is a closet stoolie with the statement, "The market for complex derivatives such as collateralized debt obligations has shut down like a 'constipated owl.'" Link to comment Share on other sites More sharing options...
Bungster Posted August 3, 2007 Report Share Posted August 3, 2007 If this credit tightening continues it's going to affect more than home prices. Imagine if credit tightens in the auto loan market? How about tightening in student loans? All big ticket items are going to be affected. there have been huge amounts of inflation in home prices and edumacation costs... both enabled by easy credit. 596305[/snapback] Too many people bought homes they couldn't afford. Too many morons in college. 596309[/snapback] Don't you mean "Too many morons out of college."? Link to comment Share on other sites More sharing options...
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