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October 6, 2008
Stocks decline worldwide!!! Global crash alert!!!
Stocks tumbled around the world, the euro fell the most against the yen since its debut and oil dropped below $90 a barrel as the yearlong credit market seizure caused bank bailouts to spread through Europe.
I smell Napalm! Smells like...
Comments
Snore...tell us something we don't know.
Posted by: wasder at October 6, 2008 8:53 AM
Very coherent paragraph. No typos, foul language or ranting. Where'd you get it from??
Posted by: daveinbedstuy at October 6, 2008 9:40 AM
This is starting to look like what I have envisioned for years. Well not me but Jimmy Rogers, Mark Faber, and others who have written on the overextension of credit. Someone asked me to stop looking at the charts but they have been on point so far. Do yourselves a favor and understand we are in the midst of a huge bear market... In all asset classes except cash. That is next. But way down the road.
Posted by: HOBOKENROCKS at October 6, 2008 9:45 AM
This market will go up if the fed,ecb and boe start cutting rates in tandem.. That will get this thing going up.
Posted by: HOBOKENROCKS at October 6, 2008 9:47 AM
I am continuing to buy stocks. I have set aside a down payment for the place I expect to buy in the next couple of years in bank accounts. Of the rest, I am now almost 100% back in the market (after being all cash until a few months ago).
I love discount shopping!
Don't get me wrong - the market could go down another 10% from here. And if it does, I know exactly what I am doing with my next paycheck.
Posted by: lechacal at October 6, 2008 9:48 AM
"Very coherent paragraph. No typos, foul language or ranting. Where'd you get it from??"
Hiya Dave! How is the Hedge Fund business? Methinks there is a run going on!
Hedge fund funds are under pressure
http://www.boston.com/business/markets/articles/2008/10/05/hedge_fund_funds_are_under_pressure/
"LONDON - Funds of hedge funds will need to pull more than $100 billion before year-end to meet investors' demands for cash, exacerbating market drops as hedge funds sell assets, according to London's advisory firm Clontarf Capital."
The main reason Hedge Funds are getting Ass Raped is because the are facing redemption calls from investors!~ I think the Douche-Bags are being taken to the wood shed. I notice Dave you haven't been so cocky. RIP Mutant Asset Bubble......
The What (Tick.. Tick.. Tick..)
Someday this war is gonna end...
Posted by: what at October 6, 2008 9:56 AM
We're still alive and kicking What. Not everyone is out there doing stupid things. Thanks for the reach around.
Posted by: daveinbedstuy at October 6, 2008 9:58 AM
"This market will go up if the fed,ecb and boe start cutting rates in tandem.. That will get this thing going up."
The market will view that move as a panic, dumbass. They are looking to bail right now! The market is being P00WED!
"I am continuing to buy stocks. I have set aside a down payment for the place I expect to buy in the next couple of years in bank accounts. Of the rest, I am now almost 100% back in the market (after being all cash until a few months ago)."
You sound like a Asshat who bought a Condo in 2007...
The What
Someday this war is gonna end...
Posted by: what at October 6, 2008 9:59 AM
"We're still alive and kicking What. Not everyone is out there doing stupid things. Thanks for the reach around."
No Dave you are done, P00WED and finished!
Lookie here Dave THE WHAT (No Homo). Not Biff!
The What
Someday this war is gonna end...
Posted by: what at October 6, 2008 10:01 AM
"POOWED" What the hell is that??
Posted by: daveinbedstuy at October 6, 2008 10:02 AM
Let this thread die the ignominious death it deserves. Ignore.
Posted by: wasder at October 6, 2008 10:03 AM
Oil, gasoline & heating oil are now down in price Y-T-D. Inflation? What inflation. Can you say "Rate Cuts"?
Posted by: daveinbedstuy at October 6, 2008 10:05 AM
"Let this thread die the ignominious death it deserves. Ignore."
Naw Wasder. That trick only works over the weekend. you are watching the destruction of wealth. The DOW is at the same level is at 1999 levels. That was before the NASDAQ implosion! Yep the whole Global financial world is getting Assed raped!
You smell that..
The What
Someday this war is gonna end..
Posted by: what at October 6, 2008 10:08 AM
DIBS: I think one of my kids P00WED this morning.
Posted by: lechacal at October 6, 2008 10:10 AM
The What you have yet to make 1 PENNY off of this downturn. So the dumbass is you. You come here to post about the asset meltdown. Though you fail to realize you made no money on the asset bubble or its deflation. Your rants are worthless cuz you have not put your money where your mouth is. You hope to have houses sink to 1980 levels cuz that is only way you will be able to afford anything. I have been making a killing. All of my calls have been beforehand and right. You know not what your talking. If the fed,ecb and boe cut rates we will have a rally. But a classic Bear rally, those are usually the strongest rallies. As for the rest of you guys, take your winnings while you can.
Posted by: HOBOKENROCKS at October 6, 2008 10:14 AM
The What you have yet to make 1 PENNY off of this downturn. So the dumbass is you. You come here to post about the asset meltdown. Though you fail to realize you made no money on the asset bubble or its deflation. Your rants are worthless cuz you have not put your money where your mouth is. You hope to have houses sink to 1980 levels cuz that is only way you will be able to afford anything. I have been making a killing. All of my calls have been beforehand and right. You know not what your talking. If the fed,ecb and boe cut rates we will have a rally. But a classic Bear rally, those are usually the strongest rallies. As for the rest of you guys, take your winnings while you can.
Posted by: HOBOKENROCKS at October 6, 2008 10:14 AM
"Oil, gasoline & heating oil are now down in price Y-T-D. Inflation? What inflation. Can you say "Rate Cuts"?"
Number one numbnuts the FED has been pumping money in the system for the last couple of weeks. It's not a liquidity issue, it's a trust issue! The FED can pump all the money it want but the banks are not loaning it out DAVE! If the FED cuts rates before the meeting this month they will see PANIC and the markets will sell off. I wonder why do you Hedge fund employ you, you are one stupid mother fucker. Keep looking at you Bloomberg terminal today is going to be fun!
The What
Someday this war is gonna end...
Posted by: what at October 6, 2008 10:14 AM
HOBOKEN: If you are actually looking to book a quick profit, I would sell right now and cut your losses. You might get lucky, you might not. But you are basically putting your money on red.
If you are a long-term investor, this is probably the best buying opportunity in my lifetime. But I am using money that I don't need for another 20 years or so.
Beware losing your shirt to charts and "support levels" and such.
Posted by: lechacal at October 6, 2008 10:17 AM
People who are getting killed the most are the guys with 401k's who can ill afford to lose their retirement monies. Oh wait the WHAT is getting killed because brooklyn homes are still way beyond his means. He is waiting for 200 k mansion in brooklyn heights.. I myself am now willing to pay 700k cash for one since I am killing this market now... I AM THE MAN. I have called everyone of these moves. the waht is Schadenfreude cuz he too is broke and wants all you to join his party.
Posted by: HOBOKENROCKS at October 6, 2008 10:20 AM
This is a real estate board, so I will attempt to make the first relevant comment in this thread.
Look at what is happening in the financial markets. People are afraid that there is no botttom, that stocks will just keep going down. The negative sentiment is overwhelming. Buyers are few, sellers are many. People are terrified that if they buy today it will still be a ways before the bottom. Everyone is waiting for stability before buying.
In 2-3 years, this will be happening in New York real estate.
Posted by: lechacal at October 6, 2008 10:22 AM
Lechacal--that was the point of what I wrote above. This is a real estate blog and there are plenty of other places for the Twat to talk up his crash. This is why, with much respect to you, I am suggesting we not engage him in this forum.
Posted by: wasder at October 6, 2008 10:24 AM
"If the fed,ecb and boe cut rates we will have a rally. "
Why they didn't cut rates this morning asshole!
"You hope to have houses sink to 1980 levels cuz that is only way you will be able to afford anything. "
I live where I own, Next!
" But a classic Bear rally, those are usually the strongest rallies. As for the rest of you guys, take your winnings while you can."
Here asshole lookey here!
http://www.forbes.com/feeds/ap/2008/10/06/ap5512525.html
Russian stock markets suspended for second time
"Trading was suspended on Russia's main stock markets twice Monday as shares went into free fall on the back of falling oil prices and deepening fears about the global economy despite the passage of a $700 billion U.S. bank bailout."
And
Bulls get put to rout
Yep keep it up. I haven't lost any money. That is the most important thing! I love this shit!!
The What (MUHHHAAA)
Someday this war is gonna end..
Posted by: what at October 6, 2008 10:25 AM
Lethacal I am not here to wish others harm. I take no enjoyment over others misfortunes. Sure lethacal their will be a huge rally. But this rally will eventually die. Most likely after two months of its start. But it will come back and retest the Lows. One thing about these down markets is that they become a reflexive process. Similar to a dominoe falling. I am short but will cover today. I wrote on friday this would happen and gave 9800 as the next stop. If we break that than I may go back short. The dominoe falling effect is scary. And though I would love to buy a great home at a cheap price I do feel sorry for the people who have money in their 401ks. I have friends and family calling me to thank me for getting them out of their 401ks over 9 months ago... If I was long I would be scared but there will be a rally, I don't know if that comes after 9800 is hit or 8000.
Posted by: HOBOKENROCKS at October 6, 2008 10:27 AM
"Lechacal--that was the point of what I wrote above. This is a real estate blog and there are plenty of other places for the Twat to talk up his crash. This is why, with much respect to you, I am suggesting we not engage him in this forum."
OOHHH someone is scared. Hey Wasder do you think that house in Asshat hill is a great deal now. I see you are trying too justify your madness. Here let me help you out.
http://www.ky.com/index_us.jsp?section=jelly&gclid=CLX69IHokpYCFQpjnAodbBgJEQ
The What
Someday this war is gonna end...
Posted by: what at October 6, 2008 10:29 AM
And the inevitable rectal obsession all too commonplace with the What. Strengthens a lot of your arguments Asshat!!
Posted by: daveinbedstuy at October 6, 2008 10:32 AM
"I am not here to wish others harm. I take no enjoyment over others misfortunes. "
I dam sure do. I gots me a hard on!
"But this rally will eventually die. Most likely after two months of its start. But it will come back and retest the Lows. One thing about these down markets is that they become a reflexive process. Similar to a dominoe falling. I am short but will cover today. I wrote on friday this would happen and gave 9800 as the next stop. "
Nope homeboy! The world markets are in CODE RED!!!!!!!!!!!! I don't think there are anyy stops and with no shorting there is no one around to support the market. This shit is crashing on low volume, imagine when everybody is panicking.
"nd though I would love to buy a great home at a cheap price I do feel sorry for the people who have money in their 401ks. I have friends and family calling me to thank me for getting them out of their 401ks over 9 months ago... If I was long I would be scared but there will be a rally, I don't know if that comes after 9800 is hit or 8000."
Hey fuck them! They are the same greedy and delusional people who got us in this mess...
The What
Someday this war is gonna end..
Posted by: what at October 6, 2008 10:34 AM
The WHAT ISN'T LOSING ANYMONEY. Great. But it seems your more mad over not making any on the upside. Get short if you believe in your cut and paste views. If not shut up and take a seat scrub. No balls to get in the game on the upside or the downside yet you are happy. That is what I call a SCRUB. Than you post columns from Forbes about Russia which you know nothing of. Russia is doomed because they have no rules or regulations. Do you not see that the dollar is going up though they keep printing. Everyone is rushing to USA dollar because our markets have some regulation. Stop cutting and pasting and post intelligent views. Or just take a seat and shut up scrub.
Posted by: HOBOKENROCKS at October 6, 2008 10:34 AM
9800 has been hit I covered. If we see a strong break thru it will get scary for the longs. Lethacal if this market goes down than the housing market in my opinion gets killed in Brooklyn and Manhattan. Rents don't justify the crazy prices people pay for homes in those locations. Someone want to sell that Brooklyn Heights home for a bit over 700k.
Posted by: HOBOKENROCKS at October 6, 2008 10:41 AM
"Russia is doomed because they have no rules or regulations."
Neither do we.
A Look At Wall Street's Shadow Market
http://www.cbsnews.com/stories/2008/10/05/60minutes/main4502454.shtml
"What kind of crisis it is today?
"This is a full-blown financial storm and one that comes around perhaps once every 50 or 100 years. This is the real thing," says Jim Grant, the editor of "Grant's Interest Rate Observer."
Grant is one of the country’s foremost experts on credit markets. He says it didn't have to happen, that this disaster was created entirely by Wall Street itself, during a time of relative prosperity. And they did it by placing a trillion dollar bet, with mostly borrowed money, that the riskiest mortgages in the country could be turned into gold-plated investments. "
Credit default swaps are unregulated....
Scrub? I'm the Superstar...
The What
Someday this war is gonna end...
Posted by: what at October 6, 2008 10:52 AM
Superstar of talk.
Posted by: HOBOKENROCKS at October 6, 2008 10:57 AM
Superstar, right you are!
Posted by: daveinbedstuy at October 6, 2008 10:58 AM
I wrote 9800 and where is it now. I will now be changing my name to THE MAN... Meanwhile I have been making some sweet cash. Though I must admit I feel bad for people who don't know any better and trust the dumbies who tell them to stay invested for the long term...
Posted by: HOBOKENROCKS at October 6, 2008 10:59 AM
HOBOKENDICKS what the matter? You never attacked me before! Maybe I'm getting to you today, maybe your "investments" are getting blasted!
I'm real sorry, NOT!
The What
Someday this war is gonna end..
Posted by: what at October 6, 2008 11:01 AM
I wrote 9800 and where is it now. I will now be changing my name to THE MANLOVE..
Hey Biff and Dave are over there---->
The What
Someday this war is gonna end...
Posted by: what at October 6, 2008 11:02 AM
Hit 9800 and bounced. Can I get any better? Probably not. Dudes I for one hope this doesn't get any worse because while I like making money I hate seeing people suffer. Though I would love to buy that Brookly Heights townhouse for 700 k cash...
Posted by: HOBOKENROCKS at October 6, 2008 11:04 AM
That was funny Scrub.
Posted by: HOBOKENROCKS at October 6, 2008 11:04 AM
" Smells like..."
...bodussi?
But the $700B bailout was passed and they said that... Oh wait! Roubini said it is failing...
Posted by: DOW8000SP800 at October 6, 2008 11:05 AM
"...bodussi?"
AAAAWWWWWWWWWAAAAWWWWWW!!!!!!!!!! Hey DOW8000SP800 do you want to tell the clueless Asshats what that means!!!! LMFFAO!!!!!!!!!!!!!!!!!!
"But the $700B bailout was passed and they said that... Oh wait! Roubini said it is failing..."
Oh yeah, you mean that 700 billion dollar bail out. Paulson has boarded a plane to South America, suckers!
The What
Someday this war is gonna end...
Posted by: what at October 6, 2008 11:09 AM
Looks like everyone has run, I think we scared them shitless.
Posted by: HOBOKENROCKS at October 6, 2008 11:18 AM
Still here. Nothing more to add. 9,957 @ 11:26
Posted by: daveinbedstuy at October 6, 2008 11:26 AM
9800 hit and bounced, once again I hit the technicals. If I keep it up and I may be willing to pay 1 million for a Brooklyn Heights Townhouse.
Posted by: HOBOKENROCKS at October 6, 2008 11:28 AM
9800 hit and bounced, once again I hit the technicals. If I keep it up and I may be willing to pay 1 million for a Brooklyn Heights Townhouse.
Posted by: HOBOKENROCKS at October 6, 2008 11:28 AM
Dave I have been posting exact numbers. Do yourself a favor and let this play out. Than get in when you see a true reversal which will be big and hopefully with good volume. But don't hold for too long.
Posted by: HOBOKENROCKS at October 6, 2008 11:30 AM
Dave I have been posting exact numbers. Do yourself a favor and let this play out. Than get in when you see a true reversal which will be big and hopefully with good volume. But don't hold for too long.
Posted by: HOBOKENROCKS at October 6, 2008 11:31 AM
I'm still positioned for a bigger selloff today Hoboken.
Posted by: daveinbedstuy at October 6, 2008 11:33 AM
"Hey DOW8000SP800 do you want to tell the clueless Asshats what that means"
I'll throw'em a bone: Bernie Mack in 'How To Be A Player'. Youtube it, asshats.
Posted by: DOW8000SP800 at October 6, 2008 11:34 AM
What- you should ask Brownstoner for a cut of the advertising profits, since your posts get more traffic than anything he puts on the front page now.
Posted by: 7andfive at October 6, 2008 12:00 PM
They wont cut rates readily because they're trying to preempt stagflation http://en.wikipedia.org/wiki/Stagflation. Plus, don't you remember what happened a few years ago when Greenspan was cutting rates and it had no effect? They have to avoid that at all costs. This is just an extended market correction. I believe that once the auctions start, the credit markets will unfreeze a bit and business will start up again.
Posted by: justinm at October 6, 2008 12:48 PM
JUSTIN, Stagflation is only a concern when you have inflation, we are now in just a deflationary time. The USA cutting rates does nothing, but if the ECB AND Boe cut it will help but not solve anything. ECB has rates at 4.5 that is hi and lowering it will help banks make money on the few loans it is giving out. Though rates are not everything. The fed at one point will buy any assets thru its window and provide liquidity that way. The more the market goes down the less any measure the fed or any central banks will help the market. WHY? Because it is what George Soros CALLS A REFLEXIVITY process where the if the biggest assets on peoples balance sheets go down than all other assets underneath will follow suit. Deflation my friend is the scariest of all animals, even more than inflation because it plays out so much faster.... They will keep printing and throwing money at the situation but the lower the market the harder it is to resolve. This asset repricing will in effect bring about a better economy. BROOKLYN AND MANHATTAN WILL TAKE A HUGE HIT.
Posted by: HOBOKENROCKS at October 6, 2008 1:35 PM
JUSTIN, Stagflation is only a concern when you have inflation, we are now in just a deflationary time. The USA cutting rates does nothing, but if the ECB AND Boe cut it will help but not solve anything. ECB has rates at 4.5 that is hi and lowering it will help banks make money on the few loans it is giving out. Though rates are not everything. The fed at one point will buy any assets thru its window and provide liquidity that way. The more the market goes down the less any measure the fed or any central banks will help the market. WHY? Because it is what George Soros CALLS A REFLEXIVITY process where the if the biggest assets on peoples balance sheets go down than all other assets underneath will follow suit. Deflation my friend is the scariest of all animals, even more than inflation because it plays out so much faster.... They will keep printing and throwing money at the situation but the lower the market the harder it is to resolve. This asset repricing will in effect bring about a better economy. BROOKLYN AND MANHATTAN WILL TAKE A HUGE HIT.
Posted by: HOBOKENROCKS at October 6, 2008 1:35 PM
What? Might be more appropriate. Ignorance is bliss.
Posted by: OTIS at October 6, 2008 2:06 PM
7andfive
i second that. he sure gets a lot of "ignoring" volume.
I'm glad to see he's back.
Somebody here might have to change their moniker to cryinbedstuy pretty soon..
Posted by: Pastabatman at October 6, 2008 2:22 PM
In short, NYC home prices will hit switches like a parked '64 Impala from East LA, shifting from the support of Wall St earners to that of Main St earners. "Jjjjsssshhhh...jjjjsssshhhhh!!!"
Posted by: DOW8000SP800 at October 6, 2008 2:31 PM
Hey Asshats! Since Congress passed the Taxslave Assraped Act of 2008 the markets have CRASHED!!!! Since Friday 2:00 to now the Dow is off over 1000 points!
Dow 9595.81 off today 729 or off by 7%! Please someone tell my we are not in a depression... I smell Napalm and tomorrow maybe Black Tuesday... RIP Mutant Asset Bubble....
The What (tick.. Tick.. BOOM!!!!!!!!!!!!)
Someday this war is gonna end...
BTW I;m enjoying this shit! Fuck all of you!
Posted by: what at October 6, 2008 2:50 PM
And...the rebound. We are not in a depression, just a recession.
Hoboken -- my point is that if they cut rates too much we can easily fall into bad macro conditions like stagflation. I agree that we're not inflating badly right now, just that a rate cut won't stimulate anything and in fact possibly cause inflation, which doesn't tie too well with stagnation.
Posted by: justinm at October 6, 2008 3:34 PM
Nice rally here at the end Hoboken
Posted by: daveinbedstuy at October 6, 2008 4:05 PM
"And...the rebound. We are not in a depression, just a recession."
I love delusional people. They are the first ones to get killed! Like Man on fire type of way. Hey Dave, you did not address my redemption quote. I think your fund is getting banged with Redemption and Margin calls!
6 Emergency Measures to Prevent a Banking Meltdown
http://seekingalpha.com/article/98733-6-emergency-measures-to-prevent-a-banking-meltdown
"A moment of reckoning for many hedge funds may come at the end of this month, when their exposure to credit default swaps must be “marked to market” to reflect the increased obligations at the end of the third quarter."
Wear clean underwear! Methinks you will have marks all over!
And...
The advice is to flee ... just flee
http://business.theage.com.au/business/the-advice-is-to-flee--just-flee-20081006-4v31.html
"TREMORS from the financial earthquake that has sent some of the towering giants of capital crashing to their graves will shake Australia as end-of-quarter results for income funds are mailed out at the end of this week."
Hey fucktards! This a Global Financial Red Alert! Everybody is getting pounded!! If you think that Brownstoner Brooklyn will hold up then you should lose every fucking thing you have!!!!
The What (DIVE!!! DIVE!!! DIVE!!!!)
Someday this war is gonna end....
Hey Biffuck, why you don't post my Oct 16, 2008 quote any more, LMMFAO!!!!
Posted by: what at October 6, 2008 6:37 PM
Hoboken is back and happy to have covered at around 9800 and something. I am out for now until I see what Libor is looking like. In all reality I truly feel sorry for some people.
Posted by: HOBOKENROCKS at October 6, 2008 6:44 PM
I truly hope people understand the hugeness if that is a word of this problem. The market is super overvalued on a fundamental basis. BOA made 15 cents a share , that means they are trading at a 50 pe. Well at least it has a PE.... OVERVALUED.
Posted by: HOBOKENROCKS at October 6, 2008 6:51 PM
Thankfully I live close to Prospect Park and all those tasty, tasty squirrels.
Posted by: SnarkSlope at October 6, 2008 11:38 PM
"why you don't post my Oct 16, 2008 quote any more"
We do all the time. We are having a party to celebrate the occasion. The point, dumbass, is that no matter what happens with the financial system this month or next year we will all still be here doing whatever the F**K we are doing now, which for you means a lot of sophomoric gloating, and for the rest of us means living our lives.
You are beyond pathetic.
Posted by: wasder at October 6, 2008 11:45 PM
Hey Wasder what happen to the "team mate" thing? ROTFLMMFAO!!!
"We do all the time. We are having a party to celebrate the occasion. The point, dumbass, is that no matter what happens with the financial system this month or next year we will all still be here doing whatever the F**K we are doing now, which for you means a lot of sophomoric gloating, and for the rest of us means living our lives."
I been saying this was going to happen for over a year. So now for all the fucktards getting killed, I can say "I told you so". Hey Wasder you trired to make me your friend and now since i don't give a fuck now you are upset. Well Wasder, these nuts.....
The What (Wasder is my bitch)
Someday this war is gonna end....
Posted by: what at October 7, 2008 1:25 AM
Yes, you have been saying this for a year and I have acknowledged that fact. I do not want you to be my friend. My only goal with you is to get you to understand that every person that is on this board is not personally responsible for the crisis. If they are then you are too. We are all in this boat together What (Team-mates!). Whatever happens to you happens to me and vice versa. So no matter how grim the economy gets, we all get it. I am not getting killed, I am not going anywhere, nor are you, so why can't we try to figure out how to co-exist and make this place better rather than sitting around and making enemies of each other. That is basically what I am saying. And everytime you call me a Fucktard or an Asshat it makes me that much more determined to show you the ridiculous error of your ways.
Wasder (What is my team-mate)
The War has ended (nobody won)
Posted by: wasder at October 7, 2008 8:18 AM
"only goal with you is to get you to understand that every person that is on this board is not personally responsible for the crisis."
No wasder group think is very dangerous! This kind of thinking is what bought Nazi Germany to power! Everybody and their mother thought they was so smart and you couldn't reason with them. Now we are in a horrible financial mess and will generations to fix it!
"We are all in this boat together What (Team-mates!). "
No we are not in this boat together! You made a decision based on herd mentality and you have place you and your family in harms way. You don't want to live in Asshat Hill when things get bad.
" am not getting killed, I am not going anywhere, nor are you, so why can't we try to figure out how to co-exist and make this place better rather than sitting around and making enemies of each other."
Ok that sounds fine, not. This Blog and group think is based on covert race warfare wasder. You and your ilk would like to see every person (Black, Poor and not "friendly) and push them out of this neighborhood. You bunch of pertencious Assholes are real funny like limousine liberals.
And everytime I call you a Fucktard or an Asshat it makes me that much more determined to show you the ridiculous error of your ways.
The What (WASDER is STILL my Bitch)
Someday this war is gonna end...
Posted by: what at October 7, 2008 9:18 AM
Wow. That was the most extensive raison d'etre I have ever seen you offer What. Even though I am mistakenly the target of that rant, it at least gives you a rationale and for that I am grateful. Much better to know what the point of someone's insanity is. But insanity is what it is. You have no idea what factors contributed to the decisions I have made. You have no idea what kind of person I am or what my hopes or aspirations are for my children. You are a petty, vindictive coward who hides behind the anonymity of the internet to attack people and paint them with the most comically broad brush you can find. This makes you a loser of the greatest order.
As I explained in my thread yesterday I made a series of decisions for the benefit of my family that had nothing to do with short term investment and everything to do with long term stability. My monthly outlay went way down with this purchase and so a downturn in the economy will not drive me out. In addition, I live where I own, I participate in my community, I do and will continue to send my children to neighborhood schools. If you don't like me, fuck you. But you can't try to make me some kind of invading class warrior. My daughter, born in 2006, was the fourth consecutive generation of my family born in Brooklyn (starting with my grandmother in 1909). I am living my life as peaceably and as honorably as I know how to do. I am sorry you don't like that. It makes you pathetic beyond belief, a friendless shut in, but its your choice.
This is the last time I will participate in one of your threads as it is a circular exercise in futility. I have said what I have to say about me and what I value and there is not much to add for me. I would encourage others on this board to ignore what you have to say as it never leads to any kind of valuable discussion, but that is their choice.
Wasder (What is still my team-mate though he doesn't deserve me)
There never was a war (so nobody won)
Posted by: wasder at October 7, 2008 9:40 AM
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