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Data company CoreLogic estimates there is a "shadow inventory" of 1 million homes, which is the biggest drag on prices......With a highly leveraged housing bust, you haven't seen that increase in residential investment ,...When you have such a huge excess supply it doesn't really get at the problem,too many sellers and...more
In general home prices are still a bubble compared to historic norm. According to case shiller index, we are still 20% above long term averages. Typical bottom comes at 20% below average. When the money supply deflates, existing prices and salaries cannot be sustained..The banks do not want to make 30 year long term m...more
I THINK HE IS LOOKING FOR COLLECTABLES OUT OF PRODUCTION TO SELL ON EBAY OR AT ...AUCTION ....THEN AGAIN WE CAN'T JUDGE TODAY'S GENERATIONS AND INFLUENCES OR THE FACT THAT THE BABY BOOMERS WERE NOT AS DESENSITIZED TO VIOLENCE AS TODAY'S YOUTH.......WHEN WE WERE KIDS A PERSON SHOT NEVER BLEED
I'm 60 with no children....i retired at 52...not rich,by any standard... just comfortable...my dad died at 53 working 2 jobs to keep our family 3 children surviving as far as college i paid for that ...wouldn't think of putting that on him .... he. never ever took a vacation in his life....i vowed to never let that ha...more
None of the crooks who helped engineer this mess were trying to screw the American people...they were trying to get rich. But nothing happens in a vacuum in the zero sum game on Wall Street. Chuck Prince, ousted CEO of Citi, when asked why on earth would his firm continue trading (and originating) in extremely risky ...more
We need to overturn the new world order before nuclear war starts. The bankers and the new world order are aware that more of us are awakening to their global government and therefore plan to start WW 3 to stop us from being able to do anything about it.
The federal reserve is not part of our government, it is a sepa...more