Home Prices FALL! AS IF THIS IS SOMETHING NEW!

Discussion in 'Economy' started by Neubarth, Jan 26, 2010.

  1. Neubarth
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    Neubarth At the Ballpark July 30th

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    Home Prices FALL!

    Hell! AS IF THIS IS SOMETHING NEW!

    U.S. home prices fell, according to the S&P Case-Shiller indexes, released this morning.
     
  2. uscitizen
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    uscitizen Senior Member

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    Sure they are still higher than they should be.
     
  3. Dis
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    And the value of mine rose.

    What's your point?
     
  4. slackjawed
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    slackjawed Self deported

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    :lol:
     
  5. Neubarth
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    Neubarth At the Ballpark July 30th

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    READ THIS TO START LAUGHING!

    Standard & Poor’s S&P/Case-Shiller US Home Price Indices through November 2009, released today provide mixes signals. Annual rates of decline of the 10-City and 20-City Composites continue to improve, in spite of price declines being measured across many markets during November.


    THEY ARE TALKING ABOUT THE "RATES OF DECLINE ARE DECLINING LESS." THAT IS CALLED DOUBLETALK.

    THAT DOUBLETALK HAS RESULTED IN NEWS HEADLINES IN VARIOUS NEWS SOURCES CLAIMING THAT HOUSE PRICES ARE RISING. As If!

    THEY ARE NOT RISING. THE ONLY THING THAT IS HAPPENING IS THAT THE DECLINE IN HOUSE PRICES IS LESS. THE HOPE IS THAT MOST PEOPLE ARE TOO STUPID TO UNDERSTAND AND WILL PUMP THEIR MONEY INTO THE STOCK MARKET SO THE BIG BANKERS and Obama CAN STEAL IT WITH THE COMING MARKET CRASH.
     
  6. Neubarth
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    Neubarth At the Ballpark July 30th

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    My point has been consistently the same. We are in a very serious Depression and things are continuing to get WORSE. We have consistently been lied to by government because government is kissing big bankers arse. The Big Banks intend to plummet the market again and take more Trillions of taxpayer savings. That will be done in collusion with the government at a time that the banks think they can make away with the most money.

    I was warning people about this back in 2007. The Banks took their money and also received Federal Assistance to do so. They are setting the public up for a second fleecing. I expect it to be soon.
     
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  7. Dis
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    Do you take medication for that?
     
  8. uscitizen
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    uscitizen Senior Member

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    I was warning people about the inevitable recession back well before 2000.
    I did not know how long it would take to fall apart, but knew it would before long.
    Too many negative factors going on to not fall apart.
    I was ridiculed and when it started I was told it was just an adjustment we have them all the time, and this one would be over in 6 months, etc...
     
  9. Baruch Menachem
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    Baruch Menachem '

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    While I don't doubt what you are telling us, it does seem that you are getting an unholy level of enjoyment out of this.

    From where I sit, unemployed in a state with one of the highest rates in the country, where housing construction is a big part of the states economy, this kind of schadenfreude is really irritating.

    I have no love for 0bama either. But I don't like your cheering the decline.
     
  10. Neubarth
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    Neubarth At the Ballpark July 30th

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    I have never once cheered the decline.

    I am conducting an information war against the massive disinformation campaign of the horribly corrupt Obama administration.

    I post the facts and expose all of the millions of lies and misleading statements coming out of Washington.

    Somebody has to do it because otherwise, the ignorant will be duped into losing their investment money again.
     

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