Open Thread


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  1. cmu, saw that line in the yahoofinance home page – AP article about consumer spending dip a little and surge in savings. 5.7% is low. to say “surge” to 5.7% is shocking how low it was before this mess came alone.

  2. “Unless you’re an idiot, you should know better than to buy new, unproven construction. All of these stories are very sad for these first time homebuyers.”

    Dave the Retards are Lawyers, you know educated idiots! The same class of clowns ruining our financial system! You have 5 months guys, 5 months..

    The What (Ker-Boom)

    Someday this war is gonna end…

  3. CMU;

    In addition, the guy has the balls to announce that he will write a book concerning his “experience”. In the old days, the guy would be thrown in jail for fraud (deliberately lying on his mortgage application). Today, he writes a book.

    Stay tuned for an appearance on “Oprah”, complete with the emotional “cleansing session”.

  4. “US market becoming a bargain again. Thats what DXY is saying.

    Posted by: daveinbedstuy at June 1, 2009 9:54 AM”

    Zimbabwe – the best performing stock market in the world in 2006 AND 2007.

  5. “US sayings “zoom” to 5.7%”

    It’s about time Americans got more credit for their expressions. Everyone seems to love quoting the English and Chinese; it’s about time we got some respect.

  6. “That line I read on article says / explains it all”

    Do you mean that sniveling self-serving article in the NYT by (of all things) a financial writer who got into mortgage trouble and was proud of the fact that he “outlasted” two banks? What a crock. Guy should be thrown in debtors prison, he still had enough to buy himself and kids all kinds of expensive stuff (his words.)

  7. Good Morning Retards! The U-Hall trucks was in full force this weekend in Bizzaro world! Looks like everyone was moving out! I pick up this little diddy from curbed.com! This the future of Condos and it anit pretty….

    RESIDENTS MUST STAY AT 225 RECTOR PLACE

    http://ny.therealdeal.com/articles/residents-must-stay-at-225-rector-place-yl-equities

    talked to a couple living in YL Equities’ 225 Rector Place who is stuck in the unfinished condo. The couple put a down payment on the apartment, thinking they were getting a deal on buying a unit pre-construction, but YL defaulted on a $165 million loan in the middle of the condo’s construction, and now work has stopped. YL Equities allegedly refuses to return the down payment, and they say they are forced to live in unsafe conditions, and don’t know when the condo will be finished.

    I keep asking this question – What is going to happen to new CONDO construction????!!!

    Get back to me OK!

    The What (Tick..Tick.. Tick..)

    Someday this war is gonna end…

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