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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (201660)5/11/2009 11:29:32 AM
From: John ChenRead Replies (1) | Respond to of 306849
 
"With the economy performing worse than hoped"

There shall be NO HOPE, when there is NO CHANGE.

Truth in labelling urgently needed in the political scenary.



To: Jim McMannis who wrote (201660)5/11/2009 5:41:39 PM
From: The ReaperRead Replies (1) | Respond to of 306849
 
<As the economy performs worse than expected, the deficit for the 2010 budget year beginning in October will worsen by $87 billion to $1.3 trillion, the White House says. The deterioration reflects lower tax revenues and higher costs for bank failures, unemployment benefits and food stamps.>

What's up with that? Team Obama promised us they would have the deficit cut in half by FY2012.



To: Jim McMannis who wrote (201660)5/11/2009 6:42:19 PM
From: RockyBalboaRead Replies (1) | Respond to of 306849
 
(with the government) borrowing almost 50 cents for every dollar it spends this year.

Oh that sounds like a viable business strategy. Rewind to 1999 and check out Global Crossing, Worldcom and Amazon. Amazon actually made it.



To: Jim McMannis who wrote (201660)5/11/2009 10:59:53 PM
From: Skeeter BugRespond to of 306849
 
>>with the government borrowing almost 50 cents for every dollar it spends this year.<<

folks, this is with *extremely* low interest rates.

wait until they eventually hit true market value.

there will be no money left for the government at all.

then its a printfest.

all i can say is that the game will be *over* well before we hit that point. china knows this.

i started buying extra food every time i go to the store. i bought a big old bag of basmati rice from costco - AND I RARELY DON'T EVEN EAT RICE!

more bags to come. beans, protein powder, olive oil, canned food.

when TSHTF, you want to have some food to eat.

this sh*t is *real* people.

the flood is coming and obama doesn't care.

no free gas for us suckers!