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Old 01-17-2008
cardiacpaul cardiacpaul is offline
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cardiacpaul is a jewel in the rough cardiacpaul is a jewel in the rough cardiacpaul is a jewel in the rough
Bio-diesel and ethenol are the current jokes of the day, they cost to much to produce and their savings to the economy and evrions are minimal at best...
The housing market is at best cyclical. Build a pile of houses, give them away to anyone with a checking account regardless of ability to pay, huge growth for the past what, 2-3 yrs? Now forclosures=up, people are "wait and see" waiting for a good deal, rather than a "come hither" rate, apartments are @ 98% in most cities, now a housing glut, inventory at about 140-180 days for existing units, mortgage money dries up, investors want bail outs,

The sky is falling, the sky is falling, the sky is falling, jesus h., mary and joey, still nobody is buying it.
We don't have our collective heads in the sand, (pun intended). Its just that things are not that bad, really!
Piss and moan about Bush all you want, Blame Exxon/Mobil all you want, they're just playing by the rules set forth. I don't think many of Exxon's shareholders are crying about the billions in profit quarterly. Bush has nothing to do with Exxon, wheres the executive order that says, go ahead Exxon, bend us over.
Why aren't you all ticked off at Chevron, Why are you buying Cheveron gas? They're owned by the other nut-jobs country, Venzuela. Wheres your moral outrage? Want to see him reduced to a pile of coffee beans? Stop buying Chevron products. Within months, his pile of petro dollars would dry up. The US is by far and away his biggest customer. Yes, He'd have to ship to Europe/Asia, but its just not cost conducive for him to do so when BP and Shell are right there.

Who I do hear crying is the now out of work snake oil mortgage brokers that played by the rules at the time too. Nobody was complaining when the sub-primers were shoveling dollars from fee's, points, rebates, and bundling up these piles of paper and selling the bales as diamonds (and making a tidy sum).
Now that the hog trough is empty they're crying, pointing fingers and wanting bail outs. Oh piss off, deal with it, Should have bought a CD or put the commissions under a rock in the back yard, those days are over.

and, for what its worth, the drug companies give far more than the oil lobbies.

Face it, you think its always someone elses fault when things go tits up. When you were passing out those sub-primes, you were doing a service, a big ass public service, helping people buy homes, thats the american dream, and you were a big player. Now that the river has done run dry... its somebody elses fault. Pull up your big girl panties and get on with life. I hear there are a couple of boat broker openings in Florida. While I'm at it, out of over 350 posts, less than 24 have to do with sailing. all the rest are on 3 off topic subjects. I'm just sayin'
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Last edited by cardiacpaul; 01-17-2008 at 04:43 PM.
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