buying stupid in the USA
 

There is a building boom in the greater metro Jackson,Mississippi
area.They are even fixing up that old vancant since the 1960's old 14
story crappy King Edward hotel in down town Jackson on Capitol Street.
cuhulin

buying stupid in the USA
 

In article ,
Dick Chisel wrote:

Dick Chisel wrote that the housing bubble going bust would hurt the
whole economy.

Snip

Congratulations on being the first financial subject Troll in the news
group.

Plonk

--
Telamon
Ventura, California

buying stupid in the USA
 

Canadians talking Stupid in Canada.
cuhulin

buying stupid in the USA
 

Telamon wrote:
In article , Dick
Chisel wrote:

Dick Chisel wrote that the housing bubble going bust would hurt the
whole economy.

Snip

Congratulations on being the first financial subject Troll in the
news group.

Plonk

Congratulations coming from the Head Hypocrite?

Why, thank you very much! Quite an honor!

P.S.

If you were paying just a little more attention, you would realize this
thread was -started- by mike maghakian *AND* it had 45 responses in
addition to mine. (But thanks for singling me out. It's nice to know
when the truth hits a raw nerve).

P.P.S.

Thirty seven posts on farting (titled "Ethical question"), and we didn't
see you rail against that. I guess you feel farting is more important
than the state of our economy. Keep up the good hypocrisy!

Your pal,
Dick Chisel

buying stupid in the USA
 

You need to go back and read (possibly for the first time) the history
of retailing and real estate for the past 40 years. You will find
upturns and wownturns. But none of them resulted in the all out bust
that you indicated would happen. You have the unfortunate habit of
writing in sensationalistic extremes...black and white, bust and boom,
etc.. The economic reality is that most activity is much milder than
that. Even the so-called dot-com bubble really did little more than
wipe out a lot of overvalued options and stocks with no underlying
fundamental value and force a lot of dot commers into realistic sources
of employment. Think of businesses with no plan and no source of
income other than venture capital funding like FooFoo.com and you will
see the reality of what happened in the dot com bubble..


Dick Chisel wrote:
Dick Chisel wrote that the housing bubble going bust would hurt the
whole economy.

dxAce then wrote:

All well and good, but it is THEIR money. Not MY money, not YOUR money, but
THEIR money. [implying that the -only- one to be hurt would be the home seller]

John S. wrote:

Yes, if the country isn't really going to collapse then what will the
problems be and what impact will they have.

Well, just for a start, here are two answers to your question of "what
will the problems be"...

On September 1, 2006, the Wall Street Journal wrote:

(Page A1, column 2)

"But retailers reported mixed sales for August, stoking concern that a
-slow housing market- may damp the fall and holiday shopping seasons".

and (Page C1, column 5 headline)

"Housing Chill Begins to Pinch Nation's Banks"

Let's see now...the housing bubble is causing the WSJ to express
concern, the retailers are worried and the banking industry is beginning
to get pinched.

Maybe it's time for you guys to drop them a note saying not to worry...

As John S. has been in the banking industry for 30 years, I will let him
figure out "what impact it will have".

buying stupid in the USA
 

You need to go back and read (possibly for the first time) the history
of retailing and real estate for the past 40 years. You will find
upturns and wownturns. But none of them resulted in the all out bust
that you indicated would happen. You have the unfortunate habit of
writing in sensationalistic extremes...black and white, bust and boom,
etc.. The economic reality is that most activity is much milder than
that. Even the so-called dot-com bubble really did little more than
wipe out a lot of overvalued options and stocks with no underlying
fundamental value and force a lot of dot commers into realistic sources
of employment. Think of businesses with no plan and no source of
income other than venture capital funding like FooFoo.com and you will
see the reality of what happened in the dot com bubble..


Dick Chisel wrote:
Dick Chisel wrote that the housing bubble going bust would hurt the
whole economy.

dxAce then wrote:

All well and good, but it is THEIR money. Not MY money, not YOUR money, but
THEIR money. [implying that the -only- one to be hurt would be the home seller]

John S. wrote:

Yes, if the country isn't really going to collapse then what will the
problems be and what impact will they have.

Well, just for a start, here are two answers to your question of "what
will the problems be"...

On September 1, 2006, the Wall Street Journal wrote:

(Page A1, column 2)

"But retailers reported mixed sales for August, stoking concern that a
-slow housing market- may damp the fall and holiday shopping seasons".

and (Page C1, column 5 headline)

"Housing Chill Begins to Pinch Nation's Banks"

Let's see now...the housing bubble is causing the WSJ to express
concern, the retailers are worried and the banking industry is beginning
to get pinched.

Maybe it's time for you guys to drop them a note saying not to worry...

As John S. has been in the banking industry for 30 years, I will let him
figure out "what impact it will have".

buying stupid in the USA
 

snip plonk
cuhulin

buying stupid in the USA
 

In article ,
"Mr. Chis-ler" wrote:

Telamon wrote:
In article , Dick
Chisel wrote:

Dick Chisel wrote that the housing bubble going bust would hurt the
whole economy.

Snip

Congratulations on being the first financial subject Troll in the
news group.

Plonk

Snip

Plonk

--
Telamon
Ventura, California

buying stupid in the USA
 

In article .com,
"John S." wrote:

You need to go back and read (possibly for the first time) the history
of retailing and real estate for the past 40 years.

Snip

Dick Chisel wrote:

Nothing of consequence.

This clown is one of the few in-duh-viduals that has been Trolling the
news group for some time and just keeps changing his handle when most
people have them kill filed.

All this idiot wants to do is argue about something off topic and stir
up problems. Best thing to do is ignore him.

--
Telamon
Ventura, California