Comments on: I Didn’t Write This, But… http://wallstreetexaminer.com/2008/05/02/i-didnt-write-this-department/ Be prepared. Stay ahead of the herd. Sat, 11 Feb 2012 07:42:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Frothy Conundrum http://wallstreetexaminer.com/2008/05/02/i-didnt-write-this-department/comment-page-1/#comment-84400 Frothy Conundrum Sun, 04 May 2008 17:42:59 +0000 http://wallstreetexaminer.com/?p=2633#comment-84400 Only partially on topic, but someone should ask all the bloviators about how "we have to stop/prevent foreclosures, it's in no one's interest for foreclosures to rise to where it looks like they might go", why it was ok for CSCO to drop by 90% in 30 months at the beginning of the decade and recover to, at best, 60% off the all time high in the past five years-but we can't have national average house prices drop 40%-ish(75% in Vegas, Kali, Florida, etc.)into a panic low this year or next, then wheeze back up to about 30% below their ath's in, say, 2015? I think most of us here have good ideas why, but it'd be nice to have the question publicly and widely posed to the "we just can't have it" bellowers-also be nice if the 'a third(or so) of borrowers facing foreclosure would be better off long term to take the foreclosure, walk away and try again in a half dozen or so years' meme would get some wide play. C'est la vie. Only partially on topic, but someone should ask all the bloviators about how “we have to stop/prevent foreclosures, it’s in no one’s interest for foreclosures to rise to where it looks like they might go”, why it was ok for CSCO to drop by 90% in 30 months at the beginning of the decade and recover to, at best, 60% off the all time high in the past five years-but we can’t have national average house prices drop 40%-ish(75% in Vegas, Kali, Florida, etc.)into a panic low this year or next, then wheeze back up to about 30% below their ath’s in, say, 2015?
I think most of us here have good ideas why, but it’d be nice to have the question publicly and widely posed to the “we just can’t have it” bellowers-also be nice if the ‘a third(or so) of borrowers facing foreclosure would be better off long term to take the foreclosure, walk away and try again in a half dozen or so years’ meme would get some wide play. C’est la vie.

]]> By: Kevin Taylor http://wallstreetexaminer.com/2008/05/02/i-didnt-write-this-department/comment-page-1/#comment-84391 Kevin Taylor Sun, 04 May 2008 05:38:03 +0000 http://wallstreetexaminer.com/?p=2633#comment-84391 Good G-D, man (and woman), according to this...Maybe, JUST Maybe, Something like the HATED Amero may be required. There isn't a snowball chance in HE** of ANY of this working out... Talking about deck chairs on the Titanic!! At least they had WATER TIGHT DOORS to slow the flooding!! This is like the Passengers trying to bail out -literally- the USS Central America as she sank off the Carolinas in a Category 3 Hurricane in 1857... The financial panic was so bad that only one NY Clearing House Bank did not fail...only Chemical Bank continued to pay out SPECIE in return for its Banknotes!! Good G-D, man (and woman), according to this…Maybe, JUST Maybe, Something like the HATED Amero may be required.

There isn’t a snowball chance in HE** of ANY of this working out…

Talking about deck chairs on the Titanic!!

At least they had WATER TIGHT DOORS to slow the flooding!!

This is like the Passengers trying to bail out -literally- the USS Central America as she sank off the Carolinas in a Category 3 Hurricane in 1857…

The financial panic was so bad that only
one NY Clearing House Bank did not fail…only Chemical Bank continued to pay out SPECIE in return for its Banknotes!!

]]> By: beardrech http://wallstreetexaminer.com/2008/05/02/i-didnt-write-this-department/comment-page-1/#comment-84372 beardrech Sat, 03 May 2008 04:01:52 +0000 http://wallstreetexaminer.com/?p=2633#comment-84372 I cannot tell whether this is a joke or not... Only the imprimatur of A. Krown partially guarantees the truth of this letter by what use to pass for an attitude of a former apostle of honest banking into that of a false monkish financial Apostate.. All that was once one one-thousandth of a part credible has now become the Valentine from El Diablo beardrech I cannot tell whether this is a joke or not…

Only the imprimatur of A. Krown partially guarantees the truth of this
letter by what use to pass for an attitude of a former apostle of honest banking into that of a false monkish financial Apostate..

All that was once one one-thousandth of a part credible has now become the Valentine from El Diablo

beardrech

]]> By: Stuart http://wallstreetexaminer.com/2008/05/02/i-didnt-write-this-department/comment-page-1/#comment-84371 Stuart Sat, 03 May 2008 01:50:11 +0000 http://wallstreetexaminer.com/?p=2633#comment-84371 staggering, that's a word and a half. Aghast at the scale of the admission. staggering, that’s a word and a half. Aghast at the scale of the admission.

]]> By: Aaron Krowne http://wallstreetexaminer.com/2008/05/02/i-didnt-write-this-department/comment-page-1/#comment-84370 Aaron Krowne Fri, 02 May 2008 23:40:20 +0000 http://wallstreetexaminer.com/?p=2633#comment-84370 Great post and absolutely staggering report from the TBAC. Great post and absolutely staggering report from the TBAC.

]]> By: Michael Blomquist http://wallstreetexaminer.com/2008/05/02/i-didnt-write-this-department/comment-page-1/#comment-84366 Michael Blomquist Fri, 02 May 2008 21:25:25 +0000 http://wallstreetexaminer.com/?p=2633#comment-84366 I know there are many other considerations to look at, but a cursory glance at this data should be of great concern. <a href="http://michaelblomquist.com/images/mortgagedebt.png" rel="nofollow"> The mysteries and envy of the American economy are officially a thing of the past.</a> I know there are many other considerations to look at, but a cursory glance at this data should be of great concern.

The mysteries and envy of the American economy are officially a thing of the past.

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