tag:blogger.com,1999:blog-7982981413278241287.post5644722758591897815..comments2023-10-28T17:54:39.467-06:00Comments on The Golden Truth: Interesting How Bloomberg Spins the Mortgage Finance Weekly Data...Dave in Denverhttp://www.blogger.com/profile/03016238915167131989noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-7982981413278241287.post-86568066136704552982010-03-24T19:27:12.390-06:002010-03-24T19:27:12.390-06:00Harvey, I kind of expect they'll extend the ta...Harvey, I kind of expect they'll extend the tax credit. BUT, based on the Jan/Feb data, especially if you look at the California data at <br />http://mhanson.com/archives/477, you can see that tax-credit fueled buying slowing down a lot - that would be the "organic" sales. <br /><br />I don't think extending the tax credit will stimulate sales anymore unless they really expand it to like $15 or $20k. Hell, why not, housing is basically already socialized via FNM/FRE.<br /><br />Interesting on the property tax thing. Robert Chapman of "International Forecaster" fame has been saying for at least 9 years that eventually States would have to really jack up property taxes in order to raise revenues.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-4126235910397368222010-03-24T17:13:04.212-06:002010-03-24T17:13:04.212-06:00On Yahoo's front page, they have an article ab...On Yahoo's front page, they have an article about the "shadow" inventory. That news is finally hitting mainstream. Only time will tell if they're going to extend the housing credit. The shit is going to hit the fan for housing because state's aid to towns has been cut and in NJ that means no more property tax rebates and on top of that increase property tax if they don't tackle the teacher's union. My property tax is already near $10k and these seniors are going to want out sooner than later.Harvey Geehttps://www.blogger.com/profile/09635919713994950614noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-23264999955269094812010-03-24T11:15:35.326-06:002010-03-24T11:15:35.326-06:00Thanks for link. "dubious, offensive..."...Thanks for link. "dubious, offensive..." LOL.<br /><br />Look forward to going thru it tonight.<br /><br />Agree on the blood flowing, IF the hoi polloi muster up the nerve. I'm worried Stockholm Syndrome is setting in:<br /><br />http://en.wikipedia.org/wiki/Stockholm_syndromeDave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-49952995415014648842010-03-24T11:07:02.958-06:002010-03-24T11:07:02.958-06:00Dave in Denver.
Hi,
The same problems are manife...Dave in Denver.<br />Hi, <br /><br />The same problems are manifesting in Euro-ville. All is far from roses.<br />The EU structure is an exact copy of the old USSR structure, ergo there will be NO democracy. The Eu parliament is to rubber stamp the executive, it cannot propose laws, nor amend.<br /><br /><a href="http://nourishingobscurity.com/2010/03/24/eu-intentions-for-2020/comment-page-1/#comment-19442" rel="nofollow">Here is a link</a>to a blog I follow, that speaks of the EU now and again. There are many useful links in the article and on the blog.<br />The blog owner is part of the Albion Alliance, that seeks a referendum on EU membership for the UK, as promised be every major party, subsequently proven to be bare faced liars by their denial of such. A A is something like your tea-party movement.<br /><br />I reckon folks everywhere are pissed with the way things are panning out, and the globalist moves to exterminate any remaining pretense of democracy.<br /><br />Whether democracy and free markets can be recovered at this point, is anyones guess.<br /><br />I get the feeling that blood will have to flow first.<br /><br />Sigh!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-41002284980569415432010-03-24T10:23:45.881-06:002010-03-24T10:23:45.881-06:00Thanks for the feedback. Nothing really is OT her...Thanks for the feedback. Nothing really is OT here. <br /><br />That's a great article - thanks for linking it and please link anything you think might be value-added!Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-19822430478574444732010-03-24T10:11:29.718-06:002010-03-24T10:11:29.718-06:00Dave, love your blog. A bit off topic, but this ar...Dave, love your blog. A bit off topic, but this article was linked on Urbansurvival.com. Gives a nice big picture view of what is occurring with the global banking/US Debt situation. You may not agree with all the points, it is easy to understand.<br /><br />http://www.atimes.com/atimes/Global_Economy/LC23Dj04.htmlAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-54123943135543630052010-03-24T08:22:37.016-06:002010-03-24T08:22:37.016-06:00Agree anonymous. Although about 90% of the time o...Agree anonymous. Although about 90% of the time over the last month (and probably 80% of the time in general) gold takes a dump during the London a.m. fix, which is 5 a.m. NY time.<br /><br />As you point out, it's been particulary vicious the past week.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-30693065452181159632010-03-24T08:19:20.728-06:002010-03-24T08:19:20.728-06:00Seems to me that in view of upcoming CFTC "ta...Seems to me that in view of upcoming CFTC "talks" on PM clangs, that most of the down has now moved to London fix in last few days.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-83320337922157366822010-03-24T07:54:18.291-06:002010-03-24T07:54:18.291-06:00Yup. Joe, look at the JPM tax deal. They paid $1...Yup. Joe, look at the JPM tax deal. They paid $1.9 billion for Wamu, they're going to get $1.4 billion for that from taxpayers. <br /><br />THere's so much fraud, corruption and theft going on in the system that most people just roll their eyes, bend over and say: "okay, fuck me in the ass again." It's like Stockholm Syndrome has infected the whole population.<br /><br />We're getting fucked in more ways than an porn actress with 20 years of film credits.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-39072548369706615742010-03-24T07:14:51.105-06:002010-03-24T07:14:51.105-06:00The top 1% elite have a system in place whereby th...The top 1% elite have a system in place whereby they make money so easily, it's like shooting fish in a barrel. BTW, we are the fish.<br /><br />Joe M.Joehttps://www.blogger.com/profile/16005483996588605077noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-90052525172731912722010-03-24T06:45:18.820-06:002010-03-24T06:45:18.820-06:00That was Fannie's number. The question is whe...That was Fannie's number. The question is whether or not the Fed/Govt will try to force the more mortgages using FHA.Dave in Denverhttps://www.blogger.com/profile/03016238915167131989noreply@blogger.comtag:blogger.com,1999:blog-7982981413278241287.post-82014169309978011152010-03-24T06:43:44.746-06:002010-03-24T06:43:44.746-06:00In car yesterday listening to one of the internet ...In car yesterday listening to one of the internet "alternative" programs. <br /><br />Heard that mortgage business in 2010 is being revised down from 2 Trillion to 1 Trillion. <br /><br />Now, there are many factors in that but if it was being revised upward to 3 trillion it would have been all over the news.Halnoreply@blogger.com