Housing starts jump to fastest pace in 4 years

Superfreak said:
I lobby Udall and Bennett consistently on issues... and yes, I have sent in comments on the mortgage industry.

It is truly sweet of you to try and help the deranged sociopath Desh out like this. But the above does not limit the potential for a housing bubble.

They are deliberately keeping rates lower than what the market would have them be. What happens when they stop? Where do interest rates go from there?
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Actually, if you had stopped long enough to think about it my posting the website didn't help evince, so if I was trying to help her I wouldn't have posted it.

I went to educate myself and see if any legislation was being considered or if they were going to let the financial institutions continue to run amuk. When I saw that they were accepting testimony, I genuinely wondered if you had submitted comment, but you go ahead and act like the ass we have all come to know you to be.

I won't sicilitict your opinions in the future.
 
Rana said:
Actually, if you had stopped long enough to think about it my posting the website didn't help evince, so if I was trying to help her I wouldn't have posted it.

I went to educate myself and see if any legislation was being considered or if they were going to let the financial institutions continue to run amuk. When I saw that they were accepting testimony, I genuinely wondered if you had submitted comment, but you go ahead and act like the ass we have all come to know you to be.

I won't sicilitict your opinions in the future.
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more rana butt hurt
 
evince said:
dear idiot, the laws have changed and we wont now get another bubble like the republicans lack of regulations caused
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Desh are you going to share with us which laws have changed so we can't get another housing bubble?
 
Superfreak said:
tell us Desh... what has changed? What new rule is going to prevent another housing bubble?

What lack of regulation by the Reps are you referring to?
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the entire time this mess built in the housing and securities markets there were no broker rules in place.


Now there are broker rules in place.
 
http://www.justplainpolitics.com/showthread.php?17746-very-interesting-SEC-news-realse



http://www.sec.gov/news/press/2007/2007-190.htm


FOR IMMEDIATE RELEASE
2007-190
Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.

In addition, the Commission also voted to issue a second release concerning certain bank dealer activities and other related matters.

"A customer should be able to walk into a financial institution and get any financial product he or she needs — securities, insurance, banking or trust services," said SEC Chairman Christopher Cox. "But Congress recognized those benefits couldn't be achieved without new ways to safeguard investors that would be consistent with continued innovation. Today's historic action, coming eight years after the passage of the law, is long overdue but welcome news for investors who will now begin to see the benefits of broader services and lower costs that the law intended."
 
evince said:
I have many times and you ignored them all along
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Really? So they've created legislation that will prevent any housing bubbles from occuring again yet none of us but you know what it is? That's some good insider access you have right there.
 
evince said:
http://www.justplainpolitics.com/showthread.php?17746-very-interesting-SEC-news-realse



http://www.sec.gov/news/press/2007/2007-190.htm


FOR IMMEDIATE RELEASE
2007-190
Washington, D.C., Sept. 19, 2007 - Ending eight years of stalled negotiations and impasse, the Commission today voted to adopt, jointly with the Board of Governors of the Federal Reserve System (Board), new rules that will finally implement the bank broker provisions of the Gramm-Leach-Bliley Act of 1999. The Board will consider these final rules at its Sept. 24, 2007 meeting. The Commission and the Board consulted with and sought the concurrence of the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Office of Thrift Supervision.

In addition, the Commission also voted to issue a second release concerning certain bank dealer activities and other related matters.

"A customer should be able to walk into a financial institution and get any financial product he or she needs — securities, insurance, banking or trust services," said SEC Chairman Christopher Cox. "But Congress recognized those benefits couldn't be achieved without new ways to safeguard investors that would be consistent with continued innovation. Today's historic action, coming eight years after the passage of the law, is long overdue but welcome news for investors who will now begin to see the benefits of broader services and lower costs that the law intended."
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Would you be so kind as to explain to us sociopath meatstacks (and even others who don't fit that description) how you feel this will prevent a housing bubble from ever occuring again?
 
with no broker rules the banks could hire whomever they wanted and train them however they wanted in selling securities.

The brokers could not call their employers out without fear of losing their jobs.


An accredited broker would have HAD to call out the banks for loading tripple A securities with tained subprimes.


No way to sell oiff the shitty subprimes would have made the banks stop writting them because they would have exploded in their laps.
 
Its really very simple.

its completely fact


and you as a true meatsack just keep lying about it woithout one single iota of guilt for your lies.


makes you a meatsack.


A human without emotion is about as useful to society as a sack of meat.


enjoy your chosen meatsackness
 
evince said:
Now why the hell cant you say one damned thing about this VERY good news for America?


because you only care about party
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You compare numbers of today with the number in middle of the worst housing crisis we've ever had...the only thing that would be unbelievably remarkable is if
the today wasn't better.....anything is better than the housing stats taken at their worst......
Good news, but hardly a surprise...its just spin...

Its like being robbed of $1000 on Monday and waking up on Tuesday with only $5....then finding $5 on Wednesday and raving about doubling you money....
 
Average housing starts in 2007 was about 1,400,000 and you're raving about 872,000 units now like it was a miracle....
 
evince said:
and your fighting REAL hard to see good news as bad news becuase your a meatsack
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Superfreak gave a reasonable response to your OP with which a discussion on housing could follow. You still haven't responded to it. You called him names and other things but have not actually responded with any substance.
 
fuck you and super very much.

his worlds are shit.


his integrity is shit.


You dont care you just follow him blindly because your a stupider from of meatsack
 
Housing starts is a decent indicator, but it is also highly volatile. So while this is indeed a good report for starts, it is not the super duper news you proclaim it to be. Especially when you link to an article stating it is the 'fastest in the last four years'. Given the slow pace of growth in the economy over the last four years you are not really comparing it to much. Again, this is a good number. If it sustains the adjustments at or near this level, that is a healthy sign.
 
It is evidence the housing factors have changed enough for business people to see a way to make profit in the housing sector once again.


This is the death knell for the very problems that your party created which caused it.



meat sack your way arround it all you want.


lies wont stop capitalism
 
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