Comments on: Republican Recession Watch: Confidence Drops, Home Values Drop

By: Butch H.

Butch H. — Mon, 29 Sep 2008 17:08:59 +0000

This is the bed America made for itself, by putting Bush in office (TWICE!) It’s time to lie in it, and shut up the whining. You notice the oil companies don’t need to be bailed out, right? We’ve already done that with our 200% increase in gas prices. The same people that touted Bush as a solution are now touting McCain as a solution. People never learn. Which is more important, far right and far left ideology, or the American taxpayer and the American economy, and the perceived value of all things American around the world? Sometimes men don’t think with their brains. And it’s just as clear that Americans don’t vote with their brains, either. When they start, things will get better. Until then, suck it up, buttercup. We deserve this, because we didn’t have the fortitude and common sense to prevent it from happening.

By: C.S.Strowbridge

C.S.Strowbridge — Wed, 30 Apr 2008 10:17:39 +0000

Just read that a third to 40% of foreclosures are own by the bank. That is to say, they can’t even sell them at an auction to investors. They have no equity at all.

… Shit.

There’s almost no way there is going to be a fast recovery here.

By: durablend

durablend — Wed, 30 Apr 2008 09:56:48 +0000

Some of them don’t even bother with the stamp–just leave the keys under the doormat and vamoose

By: C.S.Strowbridge

C.S.Strowbridge — Wed, 30 Apr 2008 06:46:23 +0000

I read there’s a serious issue with jingle mail. People mailing in their keys to their bank because abandoning the property is the easiest solution for them.

Scary.