tag:blogger.com,1999:blog-22535876.post114447103565807161..comments2023-10-20T07:59:45.124-07:00Comments on Sonoma Housing Bubble : Say Goodbye to Mr. BubbleAthenahttp://www.blogger.com/profile/15944962059749126687noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-22535876.post-1144555942305364352006-04-08T21:12:00.000-07:002006-04-08T21:12:00.000-07:00no kidding... seems that you certainly don't need...no kidding... seems that you certainly don't need to be intelligent to be wealthy, but simply to come up with yet another way to calculate how many people may be less intelligent than you... well... then again, if you titled a book... be intelligent like me, nobody would buy it. But write a book about how to get rich like you.. and it will be on the best sellers list.Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1144549658366098602006-04-08T19:27:00.000-07:002006-04-08T19:27:00.000-07:00no one has ever gone broke by underestimating the ...no one has ever gone broke by underestimating the intelligence,or good taste of the american people.i like old man barnum too,"and two to take him"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1144543910897589922006-04-08T17:51:00.000-07:002006-04-08T17:51:00.000-07:00I am a cynic too... and you better believe if we a...I am a cynic too... and you better believe if we are forced into a bail out... it is going to be with the rest of us non Boobs kicking and screaming. This time it WILL be different, and corralling us into financial compliance for the idiots at the houseATM is going to be like herding cats!Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1144543026185603362006-04-08T17:37:00.000-07:002006-04-08T17:37:00.000-07:00That is astounding and nobody seems to care.That's...<I>That is astounding and nobody seems to care.</I><BR/><BR/>That's because everyone is making their paper profits and converting them to debt and they feel wealthier than they really are. Then when they cant' do it anymore and start losing money, then they will scream bloddy murder about the injustice of the housing bubble and demand protection. All the while the prudent folks who didn't fall for the vast stupidity in the first place will be no better off and will probably have to help bail out these fools. I'm a cynic I know.Marinitehttps://www.blogger.com/profile/01778945220593425787noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1144540701157113862006-04-08T16:58:00.000-07:002006-04-08T16:58:00.000-07:00I am a big fan of Muckrakers in general, and a fan...I am a big fan of Muckrakers in general, and a fan of Mencken in his own right. He would never even wonder about what people would think before speaking what he knew to be right.<BR/><BR/><B>Mencken's Creed</B><BR/><BR/> <BR/><I>I believe that religion, generally speaking, has been a curse to mankind - that its modest and greatly overestimated services on the ethical side have been more than overcome by the damage it has done to clear and honest thinking. <BR/> <BR/>I believe that no discovery of fact, however trivial, can be wholly useless to the race, <B>and that no trumpeting of falsehood, however virtuous in intent, can be anything but vicious.</B> <BR/> <BR/>I believe that all government is evil, in that all government must necessarily make war upon liberty... <BR/><BR/>I believe that the evidence for immortality is no better than the evidence of witches, and deserves no more respect.<BR/> <BR/>I believe in the complete freedom of thought and speech... <BR/> <BR/>I believe in the capacity of man to conquer his world, and to find out what it is made of, and how it is run.<BR/> <BR/>I believe in the reality of progress.<BR/> <BR/>I - But the whole thing, after all, may be put very simply. <BR/><BR/>I believe that it is better to tell the truth than to lie. <BR/><BR/>I believe that it is better to be free than to be a slave. <BR/><BR/>And I believe that it is better to know than be ignorant. </I>Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1144539395897710202006-04-08T16:36:00.000-07:002006-04-08T16:36:00.000-07:00Mencken would love this blog.Mencken would love this blog.moonvalleyhttps://www.blogger.com/profile/12058991195867052788noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1144530565256845992006-04-08T14:09:00.000-07:002006-04-08T14:09:00.000-07:00Boobus Americanus! I love that. That shall be th...Boobus Americanus! I love that. That shall be the title of the next post!<BR/><BR/>Yes... isn't it scary that but for the real estate and all associated industry gains in the last five years our GDP would have been 0? <BR/><BR/>0 for five years... the biggest economic superpower in the world really had a GDP of 0. <BR/><BR/>That is astounding and nobody seems to care.Athenahttps://www.blogger.com/profile/15944962059749126687noreply@blogger.comtag:blogger.com,1999:blog-22535876.post-1144525593631809832006-04-08T12:46:00.001-07:002006-04-08T12:46:00.001-07:00We’re a nation of debt junkies. The windfall in th...<I>We’re a nation of debt junkies. The windfall in the real estate boom could have gone a long way in pairing down our debt but instead we as a nation are worse off than before the windfall.</I><BR/><BR/>That quote says it all. It so well summarizes Boobus Americanus' psychology.Marinitehttps://www.blogger.com/profile/01778945220593425787noreply@blogger.com