Housing market is beyond dead.

lsmurphy · 12-13-2011, 09:40 PM

http://www.marklevinshow.com/goout.a...om/id/45659547

Realtors have double counted home sales for a 5 year period.

Another lie.

It's worse than you think.

lsmurphy · 12-13-2011, 09:42 PM

http://www.marklevinshow.com/goout.a...terstitialskip

33% more homeless since the XXXXXX took office.

Quote:

Shelly Jordan, a case manager for the homeless in Hattiesburg, Miss., says it has become common for two-parent households or families headed by professionals to turn to the city's lone homeless shelter.

"People had savings or unemployment and that's run out," she says. "This is their last resort."

lsmurphy · 12-13-2011, 09:50 PM

Yeah and didn't the MFer say that 'electricity prices would necessarily skyrocket"?

http://www.marklevinshow.com/goout.a...terstitialskip

lsmurphy · 12-13-2011, 09:54 PM

Roll over that map...........some of you are get'n hosed.

lsmurphy · 12-13-2011, 10:10 PM

http://www.marklevinshow.com/goout.a...MTDwK8vXu7uB3J

TheGreek! · 12-13-2011, 10:16 PM

Deflation is good no matter what they say about it. It resets the prices back to where they should be after the greedy speculators are finished creating and popping their "bubbles"...Your dollar goes farther in deflationary times. Deflation is good. Inflation is only good if wages keep up with it and they havent, we are actually making less now than 10 years ago. The prices for everything (not just houses) need to deflate to what they were 10 years ago for everything to be back to "normal" as far as the average Joe's economic condition is concerned...

lsmurphy · 12-13-2011, 10:22 PM

Quote:

Originally Posted by TheGreek!

Deflation is good no matter what they say about it. It resets the prices back to where they should be after the greedy speculators are finished creating and popping their "bubbles"...Your dollar goes farther in deflationary times. Deflation is good. Inflation is only good if wages keep up with it and they havent, we are actually making less now than 10 years ago. The prices for everything (not just houses) need to deflate to what they were 10 years ago for everything to be back to "normal" as far as the average Joe's economic condition is concerned...

Aint happening this time Greek.

This is all well in theory if there is an uptick in the economy......there must be growth also.

And hope.

People in this country have lost everything........even hope.

There will be no growth......not for the next 18 months anyway.....and then it will take another 18 months to undo some the damage and recover from bad policy.

Don't know man...........not this time.

lsmurphy · 12-13-2011, 10:23 PM

Oh well shit........

Should have known.

Ron Paul will save us (US).

.........eyes roll...........

Cy4ka · 12-13-2011, 10:28 PM

You know how many people I talk to continue to be opiated through optimism and tell me "oh yeah, but... it will all get better again and bounce back. It always has."

Remember that manipulated statistic they were spewing, saying "oh housing is up." They counted everyone that went to refinance their homes as "new buyers" and every forclosed home that a bank resold.

Lies are still lies even if you manipulate stats to go in your favor.

Can't listen to anything anymore. Everything I hear on the radio makes me want to punch something.

TheGreek! · 12-13-2011, 10:43 PM

Quote:

Originally Posted by lsmurphy

Oh well shit........

Should have known.

Ron Paul will save us (US).

.........eyes roll...........

No he wont, nobody can. All he can do is try to steer the ship so that the crash into the reef isnt so hard and that we dont sink as fast (but we'll still sink anyway thankfully because of the upcoming worldwide money/banking/financial system collapse that nobody can stop).

Bingo · 12-13-2011, 11:23 PM

Quote:

Originally Posted by lsmurphy

Aint happening this time Greek.

And hope.

People in this country have lost everything........even hope.

I found a couple of pennies the other day..... I wonder if that was the change they were talking about with zero was elected...???

The housing market won't get better until jobs are created in this country. In other words the housing market is dead, gone and buried..... It is not coming back for a long, long time.

TheGreek! · 12-13-2011, 11:43 PM

Quote:

Originally Posted by Bingo

I found a couple of pennies the other day..... I wonder if that was the change they were talking about with zero was elected...???

The housing market won't get better until jobs are created in this country. In other words the housing market is dead, gone and buried..... It is not coming back for a long, long time.

Its not just the housing market thats dead and not coming back, everything will be dead and not coming back until wages catch up with prices or that prices lower down do compensate for the low wages so that people have extra money to spend on "luxuries" instead of just necessities. Thats when you'll see jobs come back to meet the demand for the luxuries the people can now afford to buy IF the luxuries are built here. Buying foreign made luxuries doesnt create one American job.

Free trade is actually at the root of all of this economic crap we're going through, if it wasnt for free trade our jobs would still be here, our wages would be higher, and China wouldnt be an economic and a military threat....

drjarhead · 12-13-2011, 11:47 PM

Quote:

Originally Posted by TheGreek!

Its not just the housing market thats dead and not coming back, everything will be dead and not coming back until wages catch up with prices or that prices lower down do compensate for the low wages so that people have extra money to spend on "luxuries" instead of just necessities. Thats when you'll see jobs come back to meet the demand for the luxuries the people can now afford to buy IF the luxuries are built here. Buying foreign made luxuries doesnt create one American job.

Free trade is actually at the root of all of this economic crap we're going through, if it wasnt for free trade our jobs would still be here, our wages would be higher, and China wouldnt be an economic and a military threat....

It's not free trade that screwed us, it is socialism.

Free trade has its issues but it isn't the basic problem.

mmckown · 12-14-2011, 08:56 AM

^^^THIS^^^^

Socialism is the root of the problem. Free trade can be GOOD for an economy. Totally unrestricted free trade on an uneven playing field is a symptom of dealing with socialist influences.

And our answer for the last 20 years has been to become MORE socialist to combat the problem, just the OPPOSITE of what we needed to do.....Sheer Madness.

Lumox · 12-14-2011, 10:21 AM

Quote:

Originally Posted by TheGreek!

Deflation is good no matter what they say about it. It resets the prices back to where they should be after the greedy speculators are finished creating and popping their "bubbles"...Your dollar goes farther in deflationary times. Deflation is good. Inflation is only good if wages keep up with it and they havent, we are actually making less now than 10 years ago. The prices for everything (not just houses) need to deflate to what they were 10 years ago for everything to be back to "normal" as far as the average Joe's economic condition is concerned...

But when the Fed keeps printing more and more money the value of each doller is deminished witch is just as bad as inflation. Bottom line your money is worth less so we are still getting screwed.

drjarhead · 12-14-2011, 10:37 AM

The economy will be made to appear to improve next year.

Count on it.

The economic collapse is not yet here, guys.
They have more bandaid fixes available. For now, and they plan to milk this out as long as they can.

drjarhead · 12-14-2011, 10:39 AM

Quote:

Originally Posted by Lumox

But when the Fed keeps printing more and more money the value of each doller is deminished witch is just as bad as inflation. Bottom line your money is worth less so we are still getting screwed.

That IS inflation.

Deflation is not good for economies either.

I would sure like to get a look at Ben Bernanke's investment portfolio.

Enraged Gecko · 12-14-2011, 10:47 AM

A provision in "the new deal" made posession of more than one ounce of gold a federal offence. I believe the precident should be applied to crude oil. Speculators have artificially inflated the price of gasoline for decades.

Jonny Detroit · 12-14-2011, 11:13 AM

Quote:

Originally Posted by drjarhead

It's not free trade that screwed us, it is socialism.

Free trade has its issues but it isn't the basic problem.

I disagree. Free trade has put the american worker in direct competition with people who are willing to live 12 strong in a shipping container and live off a handful of rice a day. The import tariffs used to level that out. Union labor or not, unless we are willing to compete with that then we are screwed. I work in the rail industry. The size and volume of the mexico and canada container trains have increased ten fold while virtually evey tool and die, injection mold and fabrication plant is shuttered. Most of those were mom and pop places using non union labor. I will be the first to admit that Detroit is an exasperated example of this though.

TheGreek! · 12-14-2011, 12:22 PM

Quote:

Originally Posted by Jonny Detroit

I disagree. Free trade has put the american worker in direct competition with people who are willing to live 12 strong in a shipping container and live off a handful of rice a day. The import tariffs used to level that out. Union labor or not, unless we are willing to compete with that then we are screwed. I work in the rail industry. The size and volume of the mexico and canada container trains have increased ten fold while virtually evey tool and die, injection mold and fabrication plant is shuttered. Most of those were mom and pop places using non union labor. I will be the first to admit that Detroit is an exasperated example of this though.

^^^^^^
THIS.... Free trade is killling us faster than our communism is even though neither one of them is a good thing.

EPAPressure · 12-14-2011, 12:43 PM

It's sort of a blessing. I just bought a new (to me) house for about 1/4 of what I would have paid 4 years ago

drjarhead · 12-14-2011, 01:22 PM

Quote:

Originally Posted by Jonny Detroit

I disagree.

Disagree all you want. It doesn't change anything.

BTW, George Washington's farewell address also discussed this mess as well.

He didn't really much discuss socialism but then the very idea was so foreign I doubt many even considered it.

Socialism = Evil

We need to crush it everywhere we have found it.

lsmurphy · 12-14-2011, 03:04 PM

Quote:

Originally Posted by Jonny Detroit

I disagree. Free trade has put the american worker in direct competition with people who are willing to live 12 strong in a shipping container and live off a handful of rice a day. The import tariffs used to level that out. Union labor or not, unless we are willing to compete with that then we are screwed. I work in the rail industry. The size and volume of the mexico and canada container trains have increased ten fold while virtually evey tool and die, injection mold and fabrication plant is shuttered. Most of those were mom and pop places using non union labor. I will be the first to admit that Detroit is an exasperated example of this though.

There is nothing 'free trade' about what you describe.

No the amerikan worker cannot compete with slave labor of another country. The amerikan free market was never designed to compete nor should it.

Fair trade and free trade go hand in hand but with corrupt govs and individuals and global corporations we have arrived.

Oh and don't let me forget the 'me' generation who sold you out, who sold us out.........YOUR mother and father.

drjarhead · 12-14-2011, 03:48 PM

Quote:

Originally Posted by lsmurphy

There is nothing 'free trade' about what you describe.

No the amerikan worker cannot compete with slave labor of another country. The amerikan free market was never designed to compete nor should it.

Fair trade and free trade go hand in hand but with corrupt govs and individuals and global corporations we have arrived.

Oh and don't let me forget the 'me' generation who sold you out, who sold us out.........YOUR mother and father.

Dead on balls accurate.

Bingo · 12-14-2011, 03:56 PM

Quote:

Originally Posted by drjarhead

It's not free trade that screwed us, it is socialism.

Free trade has its issues but it isn't the basic problem.

Actually it started under clinton with that NAFTA and GATT crap.....

Ross Perot was right.

drjarhead · 12-14-2011, 04:03 PM

Quote:

Originally Posted by Bingo

Actually it started under clinton with that NAFTA and GATT crap.....

Ross Perot was right.

Yeah, he was.

It really got going under the Bush Sr Administration. Just took awhile to put in line.

TheGreek! · 12-14-2011, 04:31 PM

The businesses in this country dont give a shit about this country, period. They will move their operations overseas and take advantage of slave labor and for what? To offer us here at home cheaper prices for their products or will they do it for the far more likely greed based scenario where they keep the prices the same over here and get a bigger "bottom line" because of the cheaper labor costs and less regulations overseas? Thats why businesses need to be regulated to keep them here and also why tariffs NEED to be put back in place to keep the slave labor crap out so that our businesses can succeed here. America is the home of capitalism but the problem is that the BIG capitalists dont give a rats ass about America, they'll sell us out in a heartbeat for bigger profits and the evidence of it is all around us in the form of our manufacturing base being gone and products priced as high as "the market can bear" and wages as low as the workers can bear...That gives rise to unions ya know, and we all know what kind of vampires they are to business. One bad business practice (robber baronism) breeds the other one (union commies that kill business). We cant ever win it seems, greed wont allow it. The robber barron days of the 1800's are making a comeback but from overseas this time where we cant stop it and the unions have bled to death what was left of the companies that didnt leave here and just look at this country because of it....

lsmurphy · 12-14-2011, 04:35 PM

Quote:

Originally Posted by TheGreek!

The businesses in this country dont give a shit about this country, period. They will move their operations overseas and take advantage of slave labor and for what? To offer us here at home cheaper prices for their products or for the far more likely greed based scenario where they keep the prices the same over here and get a bigger "bottom line" because of the cheaper labor costs and less regulations overseas? Thats why businesses need to be regulated to keep them here and also why tariffs NEED to be put back in place to keep the slave labor crap out so that our businesses can succeed here. America is the home of capitalism but the problem is that the BIG capitalists dont give a rats ass about America, they'll sell us out in a heartbeat for bigger profits and the evidence of it is all around us in the form of our manufacturing base being gone and products priced as high as "the market can bear" and wages as low as the workers can bear...That gives rise to unions ya know, and we all know what kind of vampires they are to business. One bad business practice (robber baronism) breeds the other one (union commies that kill business). We cant ever win it seems, greed wont allow it. The robber barron days of the 1800's are making a comeback but from overseas this time where we cant stop it and the unions have bled to death what was left of the companies that didnt leave here and just look at this country because of it....

I suggest that our Federal gov has set this up and on purpose. GE is the prime current example.........Boeing could have been another.........Winchester is another.

lsmurphy · 12-14-2011, 04:39 PM

BTW the Big 3 is about to cease to exist.....Ford may be the exception.

If not for the fed handout GM and Chrysler would not be a US company today.

You can thank the Eco freaks, Unions, and the Fed.

Has NOTHING to do with free trade or supply and demand.

Also I posted a story last night about Cafe standards........The Ford Ranger has NOW ceased to exist because of the Fed.

Right before your eyes.

TheGreek! · 12-14-2011, 05:00 PM

Yes it does murph. Free trade allows cars made in slave labor countries to come here and be sold at far less then what one can be built here for because they arent tarriffed up in price to match the cost of our cars. The unions are the other problem, mainly their pension plans. GM has more people on their pension payroll than on their worker payroll, meaning, they are paying for TWO labor forces but only getting the productivity of one labor force...

Burnout · 12-14-2011, 05:08 PM

Quote:

Originally Posted by lsmurphy

There is nothing 'free trade' about what you describe.

No the amerikan worker cannot compete with slave labor of another country. The amerikan free market was never designed to compete nor should it.

Fair trade and free trade go hand in hand but with corrupt govs and individuals and global corporations we have arrived.

Oh and don't let me forget the 'me' generation who sold you out, who sold us out.........YOUR mother and father.

Damn straight...........

Burnout · 12-14-2011, 05:22 PM

Quote:

Originally Posted by Bingo

Actually it started under clinton with that NAFTA and GATT crap.....

Ross Perot was right.

Perot warned us about a "giant sucking sound" of jobs leaving this country and was right. I remember too he scoffed at those pushing for NAFTA when they told us it would help curtail illegal immigration because they would want to stay in their home country if we sent jobs there. The establishment called him crazy.

Reminds me a lot of another RP.

knockonit · 12-14-2011, 08:16 PM

get rid of the unions, the epa and osha and we might save a few manufacturing plants and jobs, way too much regulation and red tape to do anything,
I am a builder in phoenix, and presently do some work for the city, when fed money is involved we have to send so many folks to school to qualify to do the work we've been doing in the private sector for years. Pay the school fee, then the liscense fee, then the insurance fees and walla yer in business.
couple more years and I"m hanging it up,

12-13-2011, 09:40 PM	#1
lsmurphy Amerika Sux AKaholic #: 6789 Join Date: Oct 2006 Location: Lost Posts: 24,222	Housing market is beyond dead. http://www.marklevinshow.com/goout.a...om/id/45659547 Realtors have double counted home sales for a 5 year period. Another lie. It's worse than you think. __________________ Ecclesiastes 1:13 I devoted myself to study and to explore by wisdom all that is done under heaven. What a heavy burden God has laid on men!

12-13-2011, 09:50 PM	#3
lsmurphy Amerika Sux AKaholic #: 6789 Join Date: Oct 2006 Location: Lost Posts: 24,222	Yeah and didn't the MFer say that 'electricity prices would necessarily skyrocket"? http://www.marklevinshow.com/goout.a...terstitialskip __________________ Ecclesiastes 1:13 I devoted myself to study and to explore by wisdom all that is done under heaven. What a heavy burden God has laid on men!

12-13-2011, 09:54 PM	#4
lsmurphy Amerika Sux AKaholic #: 6789 Join Date: Oct 2006 Location: Lost Posts: 24,222	Roll over that map...........some of you are get'n hosed. __________________ Ecclesiastes 1:13 I devoted myself to study and to explore by wisdom all that is done under heaven. What a heavy burden God has laid on men!

12-13-2011, 10:10 PM	#5
lsmurphy Amerika Sux AKaholic #: 6789 Join Date: Oct 2006 Location: Lost Posts: 24,222	http://www.marklevinshow.com/goout.a...MTDwK8vXu7uB3J __________________ Ecclesiastes 1:13 I devoted myself to study and to explore by wisdom all that is done under heaven. What a heavy burden God has laid on men!

12-13-2011, 10:23 PM	#8
lsmurphy Amerika Sux AKaholic #: 6789 Join Date: Oct 2006 Location: Lost Posts: 24,222	Oh well shit........ Should have known. Ron Paul will save us (US). .........eyes roll........... __________________ Ecclesiastes 1:13 I devoted myself to study and to explore by wisdom all that is done under heaven. What a heavy burden God has laid on men!

12-13-2011, 10:16 PM	#6
TheGreek! Banned AKaholic #: 157160 Join Date: May 2011 Location: Tucson Arizona Posts: 17,100	Deflation is good no matter what they say about it. It resets the prices back to where they should be after the greedy speculators are finished creating and popping their "bubbles"...Your dollar goes farther in deflationary times. Deflation is good. Inflation is only good if wages keep up with it and they havent, we are actually making less now than 10 years ago. The prices for everything (not just houses) need to deflate to what they were 10 years ago for everything to be back to "normal" as far as the average Joe's economic condition is concerned...

12-13-2011, 10:28 PM	#9
Cy4ka Banned AKaholic #: 158050 Join Date: Aug 2011 Location: Behind You Posts: 5,602	You know how many people I talk to continue to be opiated through optimism and tell me "oh yeah, but... it will all get better again and bounce back. It always has." Remember that manipulated statistic they were spewing, saying "oh housing is up." They counted everyone that went to refinance their homes as "new buyers" and every forclosed home that a bank resold. Lies are still lies even if you manipulate stats to go in your favor. Can't listen to anything anymore. Everything I hear on the radio makes me want to punch something.

12-14-2011, 08:56 AM	#14
mmckown Curio & Relic Bronze Contributor AKaholic #: 8219 Join Date: May 2007 Location: dead, buried Posts: 2,009	^^^THIS^^^^ Socialism is the root of the problem. Free trade can be GOOD for an economy. Totally unrestricted free trade on an uneven playing field is a symptom of dealing with socialist influences. And our answer for the last 20 years has been to become MORE socialist to combat the problem, just the OPPOSITE of what we needed to do.....Sheer Madness.

12-14-2011, 10:37 AM	#16
drjarhead Mad Doctor AKaholic #: 5952 Join Date: May 2006 Location: on a lake in the forest Posts: 27,002	The economy will be made to appear to improve next year. Count on it. The economic collapse is not yet here, guys. They have more bandaid fixes available. For now, and they plan to milk this out as long as they can. __________________ The United Socialist States Govt is the enemy, both foreign and domestic Fight or Die

12-14-2011, 10:47 AM	#18
Enraged Gecko Curio & Relic AKaholic #: 156919 Join Date: Apr 2011 Location: Louisiana Posts: 2,698	A provision in "the new deal" made posession of more than one ounce of gold a federal offence. I believe the precident should be applied to crude oil. Speculators have artificially inflated the price of gasoline for decades. __________________ Never get into an arguement with an idiot. He'll just drag you down to his level and beat you with experience.

12-14-2011, 12:43 PM	#21
EPAPressure Banned AKaholic #: 155963 Join Date: Feb 2011 Location: Here Posts: 204	It's sort of a blessing. I just bought a new (to me) house for about 1/4 of what I would have paid 4 years ago

12-14-2011, 04:31 PM	#27
TheGreek! Banned AKaholic #: 157160 Join Date: May 2011 Location: Tucson Arizona Posts: 17,100	The businesses in this country dont give a shit about this country, period. They will move their operations overseas and take advantage of slave labor and for what? To offer us here at home cheaper prices for their products or will they do it for the far more likely greed based scenario where they keep the prices the same over here and get a bigger "bottom line" because of the cheaper labor costs and less regulations overseas? Thats why businesses need to be regulated to keep them here and also why tariffs NEED to be put back in place to keep the slave labor crap out so that our businesses can succeed here. America is the home of capitalism but the problem is that the BIG capitalists dont give a rats ass about America, they'll sell us out in a heartbeat for bigger profits and the evidence of it is all around us in the form of our manufacturing base being gone and products priced as high as "the market can bear" and wages as low as the workers can bear...That gives rise to unions ya know, and we all know what kind of vampires they are to business. One bad business practice (robber baronism) breeds the other one (union commies that kill business). We cant ever win it seems, greed wont allow it. The robber barron days of the 1800's are making a comeback but from overseas this time where we cant stop it and the unions have bled to death what was left of the companies that didnt leave here and just look at this country because of it....

12-14-2011, 04:39 PM	#29
lsmurphy Amerika Sux AKaholic #: 6789 Join Date: Oct 2006 Location: Lost Posts: 24,222	BTW the Big 3 is about to cease to exist.....Ford may be the exception. If not for the fed handout GM and Chrysler would not be a US company today. You can thank the Eco freaks, Unions, and the Fed. Has NOTHING to do with free trade or supply and demand. Also I posted a story last night about Cafe standards........The Ford Ranger has NOW ceased to exist because of the Fed. Right before your eyes. __________________ Ecclesiastes 1:13 I devoted myself to study and to explore by wisdom all that is done under heaven. What a heavy burden God has laid on men!

12-14-2011, 05:00 PM	#30
TheGreek! Banned AKaholic #: 157160 Join Date: May 2011 Location: Tucson Arizona Posts: 17,100	Yes it does murph. Free trade allows cars made in slave labor countries to come here and be sold at far less then what one can be built here for because they arent tarriffed up in price to match the cost of our cars. The unions are the other problem, mainly their pension plans. GM has more people on their pension payroll than on their worker payroll, meaning, they are paying for TWO labor forces but only getting the productivity of one labor force...

12-14-2011, 08:16 PM	#33
knockonit Member AKaholic #: 6595 Join Date: Sep 2006 Location: overcast arizona Posts: 110	get rid of the unions, the epa and osha and we might save a few manufacturing plants and jobs, way too much regulation and red tape to do anything, I am a builder in phoenix, and presently do some work for the city, when fed money is involved we have to send so many folks to school to qualify to do the work we've been doing in the private sector for years. Pay the school fee, then the liscense fee, then the insurance fees and walla yer in business. couple more years and I"m hanging it up,

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