bostonbubble.com

[rennyd]

The housing bubble and the financial disaster that dealing with now
happened during a Republican administration. Obama owns it
now, but he didn't create it

[john p]

You need to watch this:

http://www.youtube.com/watch?v=NU6fuFrdCJY

[GenXer]

[samz]

[mpr]

[mpr]

[mpr]

[balor123]

And yet in the biggest recession since the Great Depression after a housing bubble with the worst unemployment in 30 years we've seen one of the smallest declines in housing prices in the Greater Boston area.

[GenXer]

It appears that there is a pretty good concentration of money in the 'immune' towns. In comparison, some towns in MA are like CA (Western MA, Northern MA, Southern MA). Pretty much everywhere the prices went down except in several towns...where everybody with money seems to want to live.

I really do believe that further unemployment will put pressure on house prices. Also, I think that current low inventory and an abundance of 'speculators' (yes, they are still out there trying to buy houses 'cheap'), as well as a number of people who want to buy just because (they'd buy in any market) is keeping prices from falling as low as in other places.

The problem from the standpoint of people who want to buy is that they'll pretty much have to either 1) wait until such time that prices fall (which nobody knows if or when it will happen) or 2) try to buy now and end up getting into a bidding war over a decent house in a nice town.

[john p]

Baylor: you're right, people are still going out to dinner, going on vacation, etc. There were soup lines in the Great Depression. Someone told me that the American public was like a little child that cries when you take the lollipop out of their mouth.

MPR: Obama is no surgeon. Take your analogy and instead of a doctor, put in a smooth talking politician with no track record for improving anything substantial, from one of the most corrupt areas of the Nation, with ties to convicted felons, etc. You have to concede that, Obama is not the surgeon. He has no economic background, yet everyone jumped on McCain for admitting he wasn't an expert in Economics. McCain was trying to say that relative to his knowledge of other subjects, he knew less in Economics. He, however, knew volumes more than Obama who knew just about nothing. Obama was totally green and hadn't fixed a State, he was a State Senator. 90 percent of citizens don't know who their State Senator is, and Illinois is a train wreck financially so how can anyone claim that Obama was the surgeon?

MPR: You really have to take like 16 minutes and watch the link I posted on Friday. It is a video on Youtube called "Burning Down the House, what caused our Financial Crisis". It is obvious that social engineering caused the gunshot wound and the people who hurt us were social liberals who screwed up the markets with social engineering. You really should watch it and if you see flaws in it tell me. I would appreciate knowing any flaws or falsehoods in it because I've tried to find them and disappointingly I have found it to be true. Going through this process is much of what converted me from the Democrats. I would really like to believe the guys on MSNBC, but when I check the facts I see that the liberals filter information from the public when it doesn't align with their political viewpoint, and the stuff they spin and hammer on on Fox is usually fact based. Before you rag on it, cite a few examples. I gave you the New York Times writing the bogus story about John McCain cheating on his wife, not reporting on John Edwards, the phony Dan Rather story about Bush's military records. You know, at the time, I wanted this silver spoon Bush to face the music about his being a pussy with the Military. I realized that the charges were trumped up and I was big enough to concede that it was my political motivation that was driving me to want to see him suffer politically. They're doing the same thing to Sarah Palin. I think that Liberals need to understand that their liberal arts degrees have given them ammunition to trash people, but that sort of stuff turns people off. Also, don't think that hands on people aren't smart because they've spent their time learning how to do stuff versus talking about stuff. Hands on people typically didn't go for Obama because he had no hands on experience, he wasn't a surgeon, he was pretending to be and the fools were the ones who don't have hands on knowledge and get that talking about something is different than building a track record.

[mpr]

[john p]

MPR: another thing, when people like Krugman and Obama say "We didn't do enough with the first Stimulus". They haven't done anything. Again, hands on experience tells you that they haven't made anything, rather they are borrowing and stealing from other citizens.

Make no mistake, this generation of Liberals have said that people are entitled a lot of things that they don't build and earn with their own hands. They forced banks to lend to people who couldn't afford homes, they went tits up and our Nation is on the hook for bailing them out. Then the liberals start telling lies that it was Bush and the rich not the deadbeats that bought homes they had no business getting.

This con will only last so long. I don't think that people trying to sell this b.s. will win in the long term because they'll just dig us further into more debt. The current deficit is 1.4 times the cost of the Iraq War, so people's argument about the War is out of proportion. Obama's going to spend the same levels in Afghanistan. The end game for Liberals isn't a utopia, it is a destroyed nation that goes from a world power to a second or third tier bankrupt nation.

[john p]

Hey MPR, it's a nice day, don't be a loser like me and waste your day on the internet.

BTW, I'm watching FOX, the wife is at the dog park with my beloved bulldog.

[mpr]

[john p]

Man, I think your weakness is your overemphasis on "intellectual capability". I know this sounds absurd, but it is different from hands on common sense.

You're paying deference to a Harvard Review role. Obama most likely played the poor kid from the hood. He is a bullshitter with a ton of intellect. Intellectual people can't solve problems soley on their intellect. I would say that the Ricky Bobby's would be able to survive on their hands on skills than a metrosexual. Palin fishes, hunts, flies planes, balances budgets, raises kids, etc. Those are skills necessary to manage a family and she demonstrated that those basic skills can be employed in running government.

William F. Buckley said he'd rather have the first 100 names in the Boston phone book than the Harvard Faculty to run government. He was right.

Bottom line is our Bush deficit was based on the War on Terror and Entitlements. I researched the growth of federal government versus liberal state governments. The Federal Government grew significantly less than States like California, Massachusetts, Illinois, etc. If we had a Democrat in office instead of Bush, it would have been worse. Health Care is a huge problem.

Bottom line, the intellectual Obama wants to borrow more than any President in History, and the stupid hick Palin wanted to cut spending like the dumb folks who understand that you need to balance your family budget.

The intellectual elites try to tell us that we're dumb and we need them to save us. Our founding fathers were regular people, farmers, and those that defended us were as well. The elites have hurt us, both those in the private and public sector. We need to elevate and employ common sense and stop believing in fairy tales and super hero elites.

I got my MBA and realized how full of shit these intellectuals think they are. Spending the money that guys like Krugman, Sumners, Obama are saying is totally foolish and you'd have to be an elite to believe it. Obama said the definition of insanity was doing more of the same and expecting different results. He's amped up spending, I don't care if he's from Harvard, if you can't pay your bills, stop spending!

Tony Rezko is not a conspiracy theory. You can research it, he bought the adjacent property right next to Obama at the same time an then sold a slice to Obama. That is not a conspiracy theory, ufo, that is a fucking fact. If you don't research that and tell people it is a conspiracy theory, that is intellectually dishonest and I'd begin to wonder about your motives.