The Housing Bubble Always Pops Thrice…

…or something.

We’ve been Through the Looking Glass for so long now I forget how many times we’ve bumped the fake bottom in 07.  Shedlock has the awesome charts, here we are in Housing starts in ’11-

housing starts CR

Someone should have played the Frozen soundtrack for Bernanke and Yellen and we would’ve been on the plateau end of a nice recovery by now. Let it Fxckin’ Go already. Instead we have miles to go to bottom out housing prices.

Importantly, extra requirements were added so well documented citizens have to jump through hoops, and if you have good credit they don’t want you-

…New government rules have mortgage lenders checking, and double-checking, the income status of borrowers. Now more than ever, lenders want to ensure that home buyers have the ability to repay their loan obligations…

Personally I think all that was needed was removing the high risk low underwriting loans backed by tax dollars. Jamie Dimon wants to lend to everyone with a pulse? Great, but not on my back jack. But instead we got extra regs and the undocumented applications got bumped up and okayed increasing the risks of another national bubble and accompanying collapse even more likely, while hampering the middle class ability to function (as does everything Ive seen DC do since 1999):

(more…)

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April 7, 2016. Tags: , , , , , , , , , , , , , , . CITI, citigroup, Economy, FDIC, Finance, Foreclosures, Housing, Immigration, Labor Department, migrant crisis, Obama Administration, Politics, Popular Culture, refugee, TARP, Taxes, Wall St. 2 comments.

Alice in Chains co-founder Mike Starr, 44, dies ~ Rest in Peace

God Bless. This may be the second member of the band lost to addiction. ALICE IN CHAINS Youtube playlist  here

THR has it.

…Former Alice in Chains bassist Mike Starr – who has publicly struggled with drug addiction and appeared on VH1’s Celebrity Rehab last year – has died. He was 44.

“It’s a terrible shock and tragedy,” his father tells TMZ.

March 8, 2011. Tags: , , , , , , , , , . Celebrities, Entertainment, Music, Popular Culture. Comments off.

Obama lovin’ media of journOlist conspired to tank Rev Wright story and assure O victory over Hillary for Dem nomination, plotted to label all Obama opposition as racists…

The journOlist is buried in a box of their own shxt, deservedly so. Hope they choke on it.

Well we Hillary supporters knew they were doing this, conspiring to tank coverage of anything that hurt Obama and labeling ANYONE who didnt vote for him or dared to question him or his background and suitability for the Presidency as ‘raaaaaaaacists!!’. Daily Caller provides the proof and prints the comments centred on showing GOP as ‘raaaaacists!’.

I know Tucker Carlson is no Hillary fan but I think they need to release the comments bashing Hillary and her DEMOCRATIC PRIMARY VOTERS and promoting the idea of portraying us as ‘raaaacists!’ as well so the moderate blue collar Democrats understand exactly what these Pieces of Shxt that dare to call themselves journalists think of us.

I cannot wait for November to watch the pseudo intellectual elitist party crash and burn…

DailyCaller:

According to records obtained by The Daily Caller, at several points during the 2008 presidential campaign a group of liberal journalists took radical steps to protect their favored candidate.

Employees of news organizations including Time, Politico, the Huffington Post, the Baltimore Sun, the Guardian, Salon and the New Republic participated in outpourings of anger over how Obama had been treated in the media, and in some cases plotted to fix the damage.

In one instance, Spencer Ackerman of the Washington Independent urged his colleagues to deflect attention from Obama’s relationship with Wright by changing the subject. Pick one of Obama’s conservative critics, Ackerman wrote, “Fred Barnes, Karl Rove, who cares — and call them racists.”

Michael Tomasky, a writer for the Guardian, also tried to rally his fellow members of Journolist: “Listen folks–in my opinion, we all have to do what we can to kill ABC and this idiocy in whatever venues we have….

Frak them, racist is as racist does and these pricks pushed an inexperienced empty suit on us with NO VETTING just because his ‘heritage’ made them feel good. THAT IS RACIST AXXHOLES.

July 20, 2010. Tags: , , , , , , , , . Hillary Clinton, Obama Administration, Politics, Popular Culture. Comments off.

Update: WRAL says yes he will admit paternity…Is John Edwards trying to rehab his image via the Grand Jury?

Update: 8/13: AceHQ has a confirmation tweet up from WRAL TV which indicates Mickey Kaus NAILED IT and this entire Grand Jury appearance was his lead up to a public penance.   I say go away, far away, far, far away.

Just a tweet:

WRAL-TV reports that former presidential candidate John Edwards will admit he is the father of his former mistress’ 18-month-old daughter.

8/11: Lies and the lying liars who tell them. Breck Boy makes me ILL. REALLY ILL. He had NO BUSINESS in our primary when he KNEW Rielle was out there. Frakkin hypocrite with his Two Americas living in his 140k sf house making a living off med mal suits and having a babymomma while allowing TOTUS to use him as a stalking horse to draw primary voters away from Hill. And Elizabeth enabled him period.

Reminds me of an Alice in Chains song…..maaaan in the box….buried in his shxt…..

Money quote from Mickey Kaus:

…overlook the less sensational, but still damning truth–which is that he’d been cheating on his cancer stricken wife after basing his campaign in large part on his faithfulness….

From KausFiles via Instapundit:

…But now there is a credible rumor of a similar PR sleight of hand in the works that would, in theory, allow Edwards to slink away from his (hypothetical) guilt on the issue the paternity tests would have resolved. It would go like this (I’m paraphrasing):

When the grand jury investigating Edwards on campaign finance charges (e.g., did he illegally use campaign money to pay Hunter?) comes back with “not sufficient to press charges,” Edwards will in short order admit it’s his kid. The idea is that the grand jury’s “insufficient evidence” finding will start refurbishing his image, and that this news will overwhelm his admission of paternity (even though he specifically denied paternity was even possible** in his BS-riddled 2008 Nightline “confession”).

It’s just a rumor, remember!

Any former Breck Boy supporters thinking of falling for this line, recall this, just ONE of the numerous hypocritical moments post Primary 2008, (and of course I will never forgive them for ‘endorsing’ Obama when Hill had her nightly interviews scheduled to celebrate her kickaxx wins in KY WVA the night before, frakkers.)..:

**–Exact quote: “I would welcome participating in a paternity test. Be happy to participate in one. I know that it’s not possible that this child could be mine because of the timing of events, so I know it’s not possible. Happy to take a paternity test, and would love to see it happen.” [Emphasis added] Transcript here. 4:50 P.M.

Here is Mr ‘Two Americas’ saying the Trial Lawyers are somehow not a lobbying arm, yeah mkay John go tell that shxt to someone who cares…

AliceinChains courtesy of GrungePlungeTV

August 13, 2009. Tags: , , , , , , . Politics. 1 comment.

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