Comments on: Senator Dodd and Los Angeles Councilman Alarcon - BAILOUT BUDDIES?!?!? http://housingbubblecasualty.com/senator-dodd-and-los-angeles-councilman-alarcon-bailout-buddies/ Mortgage insiders view on mortgages, real estate, debt, and the housing bubble. site by SoCalMtgGuy, author of - Another F@CKED Borrower Mon, 12 May 2008 04:22:57 +0000 http://wordpress.org/?v=2.0.5 by: Carmelo Oliveri http://housingbubblecasualty.com/senator-dodd-and-los-angeles-councilman-alarcon-bailout-buddies/#comment-551575 Sun, 06 Apr 2008 13:17:30 +0000 http://housingbubblecasualty.com/senator-dodd-and-los-angeles-councilman-alarcon-bailout-buddies/#comment-551575 I work as a realtor in NJ and if a house is priced right i wont last on the market longer then a week. Is there a housing bubble burst, Yes prices have dropped but people have realized that homes were overpriced years ago and waited to purchase. If interested in buying/selling or investing in NJ real estate visit www.OurNJhouse.com I work as a realtor in NJ and if a house is priced right i wont last on the market longer then a week. Is there a housing bubble burst, Yes prices have dropped but people have realized that homes were overpriced years ago and waited to purchase. If interested in buying/selling or investing in NJ real estate visit www.OurNJhouse.com

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]]> by: Grunte http://housingbubblecasualty.com/senator-dodd-and-los-angeles-councilman-alarcon-bailout-buddies/#comment-489568 Tue, 09 Oct 2007 15:31:48 +0000 http://housingbubblecasualty.com/senator-dodd-and-los-angeles-councilman-alarcon-bailout-buddies/#comment-489568 Realtors, loan officers, banks were counting on default, only someone with severe judgement difficulties couldn't see the scam that was unfolding. In this typical ponzi scheme run up, money was being made hand over fist, and was pumping up the economy. What goes up must come down, therefore as SoCalMgmt says you don't punish the kings you punish the poor bastard who get's left holding the bag, so to speak. The Fed is owned by the Street, gangsters are taken care of before the average working man, Just another chapter in a book about how the US is seeking a lower profile as a Debtor Nation. Realtors, loan officers, banks were counting on default, only someone with
severe judgement difficulties couldn’t see the scam that was unfolding.
In this typical ponzi scheme run up, money was being made hand over fist,
and was pumping up the economy.
What goes up must come down, therefore
as SoCalMgmt says you don’t punish the kings you punish the poor bastard
who get’s left holding the bag, so to speak. The Fed is owned by the Street,
gangsters are taken care of before the average working man,
Just another chapter in a book about how the US is seeking a lower profile as a Debtor Nation.

]]> by: Joe http://housingbubblecasualty.com/senator-dodd-and-los-angeles-councilman-alarcon-bailout-buddies/#comment-478865 Fri, 31 Aug 2007 22:33:07 +0000 http://housingbubblecasualty.com/senator-dodd-and-los-angeles-councilman-alarcon-bailout-buddies/#comment-478865 Wondering, I don't think this situation will completely destroy the economy. I recognize it as a possibility, but I think it has a small probability. If I did think that people everywhere would be starving in the streets because of this, I might be inclined to agree with you. Wondering,

I don’t think this situation will completely destroy the economy. I recognize it as a possibility, but I think it has a small probability. If I did think that people everywhere would be starving in the streets because of this, I might be inclined to agree with you.

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