just in case you missed it...
the "gang" of one, joek, is the best lover in the world because of his mega-multiple personalities, when im with joek, its like being with...
stars / kent- an old man who is so caring...
stan- an ex marine with plenty of g force (thats hot)
donut- a fat woman who's best years have come and gone <snark>
liberty-a grizzled war vet turned peacenick / philosopher who knows all the right moves
joek / spittin cat -the intellectual giant of the group who can bring me to an "organism" (ha ha) by talking about his hate for fundamentalists...
on and on...
a real GANG bang! LOL
now, that's hot!
PS you cant ban a ghost ha ha ha
I think you mean Joke.......Home prices have dwarfed the 2000 dot.com irrational exuberance on so many levels. Unfortantely, instead of vaporized wealth we will be stuck with outrageous amounts of debt.
It may take another 5 years, but this time our unsustainable debt will catch up with us. We have our government regulators, WS corruption and fools like yourself to thank.
Personally, I don't think the gov't believes thier own price indexes. I don't see a slowdown in housing constuction
where I live, and the market is still tight on existing homes. Energy is in a down cycle right now, but I don't expect that to last with the summer driving season around the corner. All of which which leads me to believe the fed is not going to be the mood to cut intrest rates any time soon.
You mean in 3 or 4 years, the price of homes would double again? How many people can afford to buy homes at that price? I think there must be too much money around. That makes me wonder how good are those government Price Indices?
call it what you want, the housing sector of the economy is in a recession. No if ands buts about it. It will remain that way as long as the yield curve remains flat and/or inverted. This is may be painful, it is necessary.
This deal is at least 4 months away. Strange time to be buying mortgage companies dont you think...if housing is expected to slow further...why not wait till these companies report some more falling numbers.
they call it an "alliance " on cnbc, all I know is this isn't good for me, just bought 200 march 52.5 contracts avg price 1.00 now down 4,000 within minutes and to think the contracts were at 1.20 early today, this does suck