Housing Doom

Napoleon was not French. Stalin was not Russian. Hitler was not German. Churchill was not English.

I don’t get it.

Napoleon was Corsican. Hitler was an Austrian. Stalin was Georgian. I have no idea what Churchill was and I am not sure what point is being referenced here–perhaps that Obama is not an American. He is a Kenyan.

I either don’t do the correct drugs, or I don’t live in the right place (Utah?)… but I need somebody to tell me what this post is supposed to mean.

The title “change”, we all know to be the acronym that Obamar used as his mantra. Ergo, the authors inference was to clearly imply “Obamar” as the subject.

I believe the reference was too imply Obamar as “different” in the face of his appointment. In so much as he is like the aforementioned rulers being unlike there peers in the land that they surveyed. More to the point, that they were perceived unlikely to aspire to such a level as an indigenous countryman, yet did.

BTW, Obamar in not Kenyan, although he clearly has Kenyan ties and roots. He was born in Hawaii which makes him U.S. born, and therefore a natural born citizen.

The idea is we may be in store for more “change” than we realize.

(It’s witty.)

Let’s “hope” it’s the Churchillian variety.

Az.
I could be wrong but I don’t think John shares a lot of Republican values. I listen to a lot of Bob Dylan so I’m used to interactive poetry. I just drove around and listened to Dylan on all 6 cd’s and I must admit this is way over my head. I don’t believe it was meant in a negative way. I predict John’s shock and awe answer will be written soon. Very soon. Lighten up with a little peace love and understanding

Surak:

Hi, thanks for the question… sorry for the delay…. There was a poll (I think WSJ, maybe Bloomberg) published around Jan 08, survey question asked ‘housing analysts’ when they thought prices would bottom… about half of them thought home prices would bottom between 2010 and 2012. Many thought earlier, a few later.

Conventional analysis of other busts says this sounds about right – seven years from peak to bottom, but with a long flat bottom.

The thing that disturbs me is this… these analysts were surveyed before the present economic crises came to life… so they are largely depending on fairly simple and old numbers…. there’s another thing… a number of other ’softer’ indicators are just starting to show serious stress …. wait until the municipal layoffs start in earnest in the spring…

And of course, there’s all the ‘Black Swans’ still lurking out there. I’m not sure 2010 is the bottom nationwide… I’m POSITIVE it isn’t, in the Valley of the Sun. Even pessimistic me is starting to get scared.

I’ll send twist my email address, in case you want to email about this some more…