Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Re: Greenspan 7/20/2005
Old 07-21-2005, 02:05 PM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
Re: Greenspan 7/20/2005

Won't mention Barry Manilow, then...

"Oh, Mandy..." :
__________________

__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Greenspan 7/20/2005
Old 07-21-2005, 03:28 PM   #22
Thinks s/he gets paid by the post
 
Join Date: Jul 2003
Location: Pasadena CA
Posts: 2,695
Re: Greenspan 7/20/2005

Now to tie things together on this thread...the music selection is messing with our heads but really Greenspan is messing with our heads too. We have a wonderful economy except for all those terrible threats....or we are in real trouble but there are all these wonderful possibilities as well. All these counter intuitive occurances like oil goes up-market goes up and oil goes down-market goes down (substitute unemployment, balance of trade or interest rates) really mess with my head. I am a really simple guy. Now back to the latest Audioslave song (Doesn't Remind Me) playing in my head.....
__________________

__________________
T.S. Eliot:
Old men ought to be explorers
yakers is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-21-2005, 03:41 PM   #23
Thinks s/he gets paid by the post
BigMoneyJim's Avatar
 
Join Date: Feb 2003
Location: DFW
Posts: 2,627
Re: Greenspan 7/20/2005

Quote:
We have a wonderful economy except for all those terrible threats....or we are in real trouble but there are all these wonderful possibilities as well.
I'm getting this kind of thing at work: big bonus, great profit margins, making business goals, the future is rosy, but DEAR GOD DON'T SPEND ANY MONEY! Uh, what?
__________________
BigMoneyJim is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-21-2005, 03:50 PM   #24
Recycles dryer sheets
newellcr's Avatar
 
Join Date: Aug 2003
Posts: 187
Re: Greenspan 7/20/2005

Quote:
Originally Posted by Bookm
The August Kiplinger's had an article listing the riskiest housing markets, according to Fannie Mae starting with the riskiest:

1. Boston
2. NY City
3. Fort Lauderdale
4. DC
5. Detroit
6.
Risky to who, the mortgage company or the buyer? As far as I can tell, there's no housing froth in the Detroit area. Housing prices in the Metro Detroit area are down slightly from last year. I make this statement based on some DOM data that I have for my own neighborhood, discussions with realtors, and reviewing comparable sales. I recently fought a real estate tax increase and won (partially, anyway). That's why I did the research.

Cheers,

Chris
__________________
newellcr is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-21-2005, 05:37 PM   #25
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,620
Re: Greenspan 7/20/2005

Quote:
Originally Posted by BigMoneyJim
I'm getting this kind of thing at work: big bonus, great profit margins, making business goals, the future is rosy, but DEAR GOD DON'T SPEND ANY MONEY! Uh, what?
Personal interpretation: Sell all your company stock NOW.
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-22-2005, 12:27 AM   #26
Full time employment: Posting here.
bosco's Avatar
 
Join Date: Jul 2005
Posts: 987
Re: Greenspan 7/20/2005

Quote:
Originally Posted by shiney
In California Dreaming the lyric is actually "I pretend to pray" I know it well, lost a bet about it once!
Ok, maybe someone here can enlighten me. I keep hearing this song, but the lyrics don't make any sense. I think (not sure) it was by Manfred Man

"blinded by the light
wrapped up like a douche in the middle of the night"

I know that can't be right (unintentional rhyme) but what in the heck IS he saying?

Bosco
__________________
I have an inferiority complex, but it's not a very good one.
bosco is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-22-2005, 12:59 AM   #27
Thinks s/he gets paid by the post
wabmester's Avatar
 
Join Date: Dec 2003
Posts: 4,459
Re: Greenspan 7/20/2005

http://www.80smusiclyrics.com/artists/manfredmann.htm
__________________
wabmester is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-22-2005, 06:52 AM   #28
Recycles dryer sheets
 
Join Date: Mar 2005
Posts: 79
Re: Greenspan 7/20/2005

Greetings newellcr:
Quote:
Risky to who, the mortgage company or the buyer?* As far as I can tell, there's no housing froth in the Detroit area.* Housing prices in the Metro Detroit area are down slightly from last year.* I make this statement based on some DOM data that I have for my own neighborhood, discussions with realtors, and reviewing comparable sales.* I recently fought a real estate tax increase and won (partially, anyway).* That's why I did the research.
You're correct of course, Detroit certainly isn't experiencing any huge gains in home prices. But the housing risk study mentioned there was a 38% risk of a price downturn in Detroit for other reasons due to the area's job market problems (Auto maker layoffs). Median income and a declining population would also be negative factors I'd say as well.

Bookm
__________________
Bookm is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-22-2005, 08:44 AM   #29
Recycles dryer sheets
newellcr's Avatar
 
Join Date: Aug 2003
Posts: 187
Re: Greenspan 7/20/2005

We're already experiencing the downturn and MI has relatively severe unemployment. It started about 3 years ago with the over $300k market. It oozed into the over $200k market about a year ago. Now the entire market is soft, not brutally so, but it's soft. There were several communities that had nice gains now that I think about it. It was isolated and I couldn't figure it out - those communities had nothing special to offer me.

Cheers,

Chris
__________________
newellcr is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-22-2005, 08:53 AM   #30
 
Posts: n/a
Re: Greenspan 7/20/2005

Another regional datapoint indicating the possibility of a softening market (may require subscription, dunno):

http://www.boston.com/news/local/mas...ist/?page=full

...The number of canceled listings in Massachusetts has nearly tripled since 2001, a sign that one of the hottest real estate markets in the country is beginning to cool down, said real estate specialists. It ''tells you is the market is softening. Demand is declining," said Karl Case, professor of economics at Wellesley College.

The practice of canceling and relisting a property, which shortens its days on the market, makes it difficult for analysts and economist to gauge the strength of the real estate market. ''I rely on that data," Case said. ''I'd prefer they not do it."

On June 30, Massachusetts houses sat on the market, unsold, for 70 days, on average, unchanged from June 30, 2004, MLS data show. But May home sales in Massachusetts were 11 percent below May 2004 sales, and agents are bemoaning a growing inventory of houses for sale in some Boston suburbs...
__________________
  Reply With Quote
Re: Greenspan 7/20/2005
Old 07-22-2005, 10:55 AM   #31
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
HFWR's Avatar
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 12,964
Re: Greenspan 7/20/2005

"...wrapped up like a deuce, another runner in the night..."

Still doesn't make sense, though!

FYI, written and first performed by Bruce Springsteen.
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-23-2005, 09:53 AM   #32
Full time employment: Posting here.
bosco's Avatar
 
Join Date: Jul 2005
Posts: 987
Re: Greenspan 7/20/2005

Quote:
Originally Posted by Have Funds, Will Retire
"...wrapped up like a deuce, another runner in the night..."

Still doesn't make sense, though!

FYI, written and first performed by Bruce Springsteen.
Thanks to both the posts that cleared this up for me. Although it still doesn't make sense as you pointed out.

Bosco
__________________
I have an inferiority complex, but it's not a very good one.
bosco is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-23-2005, 03:40 PM   #33
Full time employment: Posting here.
 
Join Date: Nov 2002
Posts: 768
Re: Greenspan 7/20/2005

I think the original lyrics by Springsteen may have been revved up like a deuce. later changed by Manfred. (A deuce being a car popular with people who liked to drive fast in days of yore.)
__________________
Michael is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-23-2005, 04:29 PM   #34
Thinks s/he gets paid by the post
wabmester's Avatar
 
Join Date: Dec 2003
Posts: 4,459
Re: Greenspan 7/20/2005

Deuce referred to dual-carb, didn't it?
__________________
wabmester is offline   Reply With Quote
Re: Greenspan 7/20/2005
Old 07-23-2005, 04:54 PM   #35
Full time employment: Posting here.
 
Join Date: Nov 2002
Posts: 768
Re: Greenspan 7/20/2005

It can refer to a type of carburetor, or certain models of cars . Take your pick.
__________________

__________________
Michael is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Volker, Greenspan and Donner, Too Donner FIRE and Money 91 09-09-2005 07:00 AM
Greenspan Chides Investors mikew FIRE and Money 0 08-27-2005 07:56 AM
Comes Sir Alan Greenspan Donner FIRE and Money 20 03-03-2005 09:44 AM
Ron Paul on Greenspan Mountain_Mike Other topics 0 02-24-2005 08:42 AM
Greenspan Comments on SS Beststash FIRE and Money 20 02-27-2004 05:30 PM

 

 
All times are GMT -6. The time now is 05:55 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.