What Are You Doing Right Now? (205 Viewers)

[ßöмßäяðîëя]

I like it. Did you ride the bus looking like that?

Ride the bus?

I didn't go to public school, and this is America, families with 4 people have 6 cars.

 

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[Martin]

Ride the bus?

I didn't go to public school, and this is America, families with 4 people have 6 cars.

But then noone saw you. So what's the point?

 

[GordoDeCentral]

I like it. Did you ride the bus looking like that?

bus?? in w virginia??

 

[ßöмßäяðîëя]

No, I drove past 3,000 people.

 

[ßöмßäяðîëя]

bus?? in w virginia??

I know...

He's whack.

 

[Martin]

bus?? in w virginia??

why, they don't have roads?

 

[ßöмßäяðîëя]

Yea, we have roads, a lot of them.

We just don't have a city center, except for 20 blocks of downtown, it's about 2 miles in between houses.

 

[Enron]

War up fellers?

 

[ßöмßäяðîëя]

Jesus and black dick.

 

[Bjerknes]

To keep interest rates down so people aren't upside-down on their houses.

Yeah, at the expense of the general public through ramping commodity prices due to dollar debasement. So it's actually a net negative for the economy. Housing prices still have to come down anyway, and they will regardless of buying certain securities, just like in Japan.

 

[Bjerknes]

I think it is time to order some food for dinner.

 

[Enron]

Mix in a salad.

 

[Bjerknes]

Heh, the food prices at my local resort have already increased again. That's just great.

 

[GordoDeCentral]

Mix in a salad.

dude can i have a little more of your wife's salad

 

[Enron]

dude can i have a little more of your wife's salad

As soon as I get married.

 

[swag]

dude can i have a little more of your wife's salad

Only if you toss it, honey. :eyebrows:

 

[GordoDeCentral]

duuuuh

 

[ßöмßäяðîëя]

Yeah, at the expense of the general public through ramping commodity prices due to dollar debasement. So it's actually a net negative for the economy. Housing prices still have to come down anyway, and they will regardless of buying certain securities, just like in Japan.

....do you not know the percentage of people upside down on their houses, or what being upside down even means?

Heh, the food prices at my local resort have already increased again. That's just great.

Ethanol in the gas, yo.

 

[Bjerknes]

....do you not know the percentage of people upside down on their houses, or what being upside down even means?


Ethanol in the gas, yo.

Yes I do. It might be nice for those underwater on their mortgages, but the cost of the FED buying MBS and UST's is passed on to everyone by debasing the dollar and causing food, oil and prices of everything you need to sky rocket. Sure, your day of reckoning with the bank might be delayed, but now you're seeing your essentials ramp in price. That is a massive negative to the consumer and any business has to buy commodities.

So no, it's an utterly reckless policy, and doesn't work in the long run. I sympathize with folks who were conned into being underwater, but not to the point of destroying anyone who has savings or has to buy food.

 

[swag]

No matter how you dress it, no chump is willing to pay the price you paid on your Las Vegas house. Until that gets fixed, you're living in an artificial world of make-believe.

Obviously homes are more than just investments for a lot of people. But as if we needed to subsidize underwater stock prices after the 1929 crash...