Rumble In the Jungle Posted January 19, 2009 Report Share Posted January 19, 2009 i just looked on teh home page, and it said im the only one on the site right now ? is Arbys having a sale again ? Link to comment Share on other sites More sharing options...
VonBlade Posted January 19, 2009 Report Share Posted January 19, 2009 Nah somethings broken. Most of the times I've been on this evening it says I'm the only one here. At least I have time now. Time to read all these books... Link to comment Share on other sites More sharing options...
STRAYCAT Posted January 19, 2009 Report Share Posted January 19, 2009 present! Link to comment Share on other sites More sharing options...
BengalsOwn Posted January 20, 2009 Report Share Posted January 20, 2009 hai Link to comment Share on other sites More sharing options...
JC Posted January 20, 2009 Report Share Posted January 20, 2009 3 post, well now 4 in this thread but zero views. Link to comment Share on other sites More sharing options...
|Bunghole| Posted January 20, 2009 Report Share Posted January 20, 2009 The text looks...abnormally small. This is the first time I've been able to post today. Site is rife with DNS errors right now. Link to comment Share on other sites More sharing options...
BengalsOwn Posted January 20, 2009 Report Share Posted January 20, 2009 i was going through withdrawals Link to comment Share on other sites More sharing options...
BengalsOwn Posted January 20, 2009 Report Share Posted January 20, 2009 He didn't change hosts did he? Says the site is hosted in Dallas...I thought he was moving us to DC Look at that, exactly 15,000 posts. Should be closer to 20,000, thanks bung... Link to comment Share on other sites More sharing options...
staticx682000 Posted January 20, 2009 Report Share Posted January 20, 2009 This is the only tread i can read. Link to comment Share on other sites More sharing options...
|Bengal Migration| Posted January 20, 2009 Report Share Posted January 20, 2009 alo everybody Rumble, now I'm missing Arby's! Link to comment Share on other sites More sharing options...
Quaker Posted January 20, 2009 Report Share Posted January 20, 2009 Nothing to do with this thread. How did Ryan Clark not get fined? Link to comment Share on other sites More sharing options...
Rumble In the Jungle Posted January 20, 2009 Author Report Share Posted January 20, 2009 craziness, now i leave to go see Notorious Link to comment Share on other sites More sharing options...
-GoBengals- Posted January 20, 2009 Report Share Posted January 20, 2009 yea looking into the bugs, everything was fine before the dns change looking at it via the ip address... so should be resolved this evening... you know.. since im not doing it.. Link to comment Share on other sites More sharing options...
|Bunghole| Posted January 23, 2009 Report Share Posted January 23, 2009 [quote name='Homer_Rice' post='741085' date='Jan 19 2009, 07:58 AM']...may not be able to put Humpty Dumpty back together again. We're entering the next phase of our economic implosion. CYA. Humorously, on Bush's legacy: note the date. [url="http://www.theonion.com/content/node/28784"]"The insanity is over," Bush said. "After a long, dark night of peace and stability, the sun is finally rising again over America. We look forward to a bright new dawn not seen since the glory days of my dad."[/url][/quote] I think a "wait and see" approach is still warranted...tenuously. Link to comment Share on other sites More sharing options...
|Elflocko| Posted January 23, 2009 Report Share Posted January 23, 2009 Anyone who thinks we've hit bottom is wanking themselves. We still have 2 more waves or ARM adjustments in the RE market heading our way. We won't even start to recover until 2012... Link to comment Share on other sites More sharing options...
Homer_Rice Posted January 23, 2009 Report Share Posted January 23, 2009 [quote name='Elflocko' post='741808' date='Jan 23 2009, 12:22 AM']Anyone who thinks we've hit bottom is wanking themselves. We still have 2 more waves or ARM adjustments in the RE market heading our way. We won't even start to recover until 2012...[/quote] Agreed. Plus commercial real estate is gone now, too. But the problem is actually much more serious than simply real estate. As I have said before, the international financial system is literally bankrupt. Until folks start acknowledging that reality--with corresponding policy proposals--then we'll keep sliding downwards with the real, productive economy taking the hit. As we are seeing more and more each day. Link to comment Share on other sites More sharing options...
|Bunghole| Posted January 23, 2009 Report Share Posted January 23, 2009 [quote name='Elflocko' post='741808' date='Jan 22 2009, 11:22 PM']Anyone who thinks we've hit bottom is wanking themselves. We still have 2 more waves or ARM adjustments in the RE market heading our way. We won't even start to recover until 2012...[/quote] IDK man, the market is a recoverable motherfucker....it depends on whether it can be instigated into doing so or not. Link to comment Share on other sites More sharing options...
|Elflocko| Posted January 23, 2009 Report Share Posted January 23, 2009 [quote name='Homer_Rice' post='741814' date='Jan 23 2009, 12:06 AM']Agreed. Plus commercial real estate is gone now, too. But the problem is actually much more serious than simply real estate. As I have said before, the international financial system is literally bankrupt. Until folks start acknowledging that reality--with corresponding policy proposals--then we'll keep sliding downwards with the real, productive economy taking the hit. As we are seeing more and more each day.[/quote] RE is just the first domino. The bad part is that it's getting ready to start down a whole new row. Link to comment Share on other sites More sharing options...
|Elflocko| Posted January 23, 2009 Report Share Posted January 23, 2009 [quote name='Bunghole' post='741816' date='Jan 23 2009, 12:12 AM']IDK man, the market is a recoverable motherfucker....it depends on whether it can be instigated into doing so or not.[/quote] Sure, but it won't be recoverable for another 2 years. Think about it: A minimum of 2 new waves (over 2 years) of foreclosures causing additional massive losses at already destitute financial institutions. We're talking about the potential of [b]TRILLIONS[/b] in new potential losses. That takes away money that can be loaned for everything else. And in case you think I'm talking out of my ass (which would be understandable as I'm a geek, not a financial analyst): My wife worked in escrow in the LV real estate market for over 5 years, and my brother-in-law (a first class shitbag) is a mortgage broker here. Things are going to get even uglier if you can believe that ... Link to comment Share on other sites More sharing options...
|Elflocko| Posted January 23, 2009 Report Share Posted January 23, 2009 Here's some quaint bedtime reading... [url="http://www.infowars.com/?p=7280"]Just The Early Stages of Economic and Financial Collapse[/url] Link to comment Share on other sites More sharing options...
|Elflocko| Posted January 23, 2009 Report Share Posted January 23, 2009 And didn't I say nearly a year ago that things were going to get really bad? Yes I did... [url="http://forum.go-bengals.com/index.php?showtopic=42998&hl="]http://forum.go-bengals.com/index.php?show...c=42998&hl=[/url] Link to comment Share on other sites More sharing options...
SINcinnati513 Posted January 23, 2009 Report Share Posted January 23, 2009 Link to comment Share on other sites More sharing options...
sois Posted January 23, 2009 Report Share Posted January 23, 2009 I'll stick my neck out there and say we are nearing the bottom. I live in Las Vegas. Traditional mortgages are now approaching rents. That tells me that the housing market is close to correcting here. Yes, tons of people are in foreclosure and tons more are about to get F'd in the A with ARM resets, but also there are many people like me who waited patiently. As far as the market: it is adjusting because companies and people are waking up and saying "we've got to deleverage". Banks are pulling lines of credit, consumers are paying off debt, lending standards are being raised. I think that is good behavior and will strengthen our economy. If the bailout works and this "toxic" debit is removed, financial institutions will be stronger in the end. Responsible spending will be in style again. Yes the market will correct to a smaller level, but it will be actual, not inflated. To me that is a good sign. Link to comment Share on other sites More sharing options...
|Elflocko| Posted January 23, 2009 Report Share Posted January 23, 2009 [quote name='sois' post='741870' date='Jan 23 2009, 10:35 AM']I'll stick my neck out there and say we are nearing the bottom. I live in Las Vegas. Traditional mortgages are now approaching rents. That tells me that the housing market is close to correcting here. Yes, tons of people are in foreclosure and tons more are about to get F'd in the A with ARM resets, but also there are many people like me who waited patiently. As far as the market: it is adjusting because companies and people are waking up and saying "we've got to deleverage". Banks are pulling lines of credit, consumers are paying off debt, lending standards are being raised. I think that is good behavior and will strengthen our economy. If the bailout works and this "toxic" debit is removed, financial institutions will be stronger in the end. Responsible spending will be in style again. Yes the market will correct to a smaller level, but it will be actual, not inflated. To me that is a good sign.[/quote] Hate to be a "Debbie Downer", but I'll take that bet. The market here won't even start to recover until 2012. BTW, what part of town did you settle in? Link to comment Share on other sites More sharing options...
sois Posted January 23, 2009 Report Share Posted January 23, 2009 South Las Vegas, pretty nice area, house under $100 a SQ/FT. Very nice neighborhood. Are you in Las Vegas Elflocko? Link to comment Share on other sites More sharing options...
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