Bob Chick Said Iris Kyle Should have been 15th?

[calmus]

I doubt he's in Riverside County.  Most likely LA or OC.  Doesn't matter though, anyone who purchased within the last 2 years is getting raped.

I believe he's in or near the Santa clarita valley.

[Rearden Metal]

Well, lets see..he BEAT everyone at the Europa Pro...and Placed 7th at the Olympia, I'd say thats more than "holding your own"...

HIs back needs to come up, as does his hams...considering he wasn't even on the map 2 years ago, I'd say he's done fairly well....


BTW...I didn't know it was a back only contest, nor did I realize he placed 11th at the Arnold...my bad!

In all honesty Bob, these guys are right. Silvio is the biggest mystery to me amongst the pros. I pretty much never see him placing as high as he does...

[Chick]

I doubt he's in Riverside County.  Most likely LA or OC.  Doesn't matter though, anyone who purchased within the last 2 years is getting raped.

Anyone who's purchased within the last 2 years got a hell of a deal, Einstein....it's a BUYERS market right now. Figure it out, it's not that tough...

[knny187]

Anyone who's purchased within the last 2 years got a hell of a deal, Einstein....it's a BUYERS market right now. Figure it out, it's not that tough...

Yeah, but dick wad....you didn't buy in the last couple months

[G o a t b o y]

Anyone who's purchased within the last 2 years got a hell of a deal, Einstein....it's a BUYERS market right now. Figure it out, it's not that tough...

Actually, no one is sure that things have hit anywhere near bottom yet, and the market's only been falling for a year or so.

[Chick]

Actually, no one is sure that things have hit anywhere near bottom yet, and the market's only been falling for a year or so.

Interest rates have dropped considerably, the market will turn over the next two years.

[G o a t b o y]

Interest rates have dropped considerably, the market will turn over the next two years.

Yeah, but credit standards have tightened considerably.  It only took Citibank losing half its market cap since October to do it, but the lenders have finally realized it's a bad idea to give crappy credit risks (like pro bodybuilders) 100% financing.

Low interest rates will not increase demand for housing, since financing will be unavailable to much of that demand.

[knny187]

Interest rates have dropped considerably, the market will turn over the next two years.

2 years?  In 2 more years they'll be saying 2 more years

 

[G o a t b o y]

2 years?  In 2 more years they'll be saying 2 more years

 

Are you questioning Bob's "community college" mastery of economics?? 

[Chick]

2 years?  In 2 more years they'll be saying 2 more years

 

Well, lucky for you, living in your parents basement....it doesn't really matter what the markets doing in 2 years now, will it?

[dearth]

chick,

would it be ok with if you knew silvio shoots synthol, but it wasn't obvious ?

Well, lets see..he BEAT everyone at the Europa Pro...and Placed 7th at the Olympia, I'd say thats more than "holding your own"...

HIs back needs to come up, as does his hams...considering he wasn't even on the map 2 years ago, I'd say he's done fairly well....


BTW...I didn't know it was a back only contest, nor did I realize he placed 11th at the Arnold...my bad!

[Chick]

Yeah, but credit standards have tightened considerably.  It only took Citibank losing half its market cap since October to do it, but the lenders have finally realized it's a bad idea to give crappy credit risks (like pro bodybuilders) 100% financing.

Low interest rates will not increase demand for housing, since financing will be unavailable to much of that demand.

LOL..so your contention is that only NOW have lendors figured out that bad risks, are bad risks??  Good thing they have you here to tell them what they've been doing wrong for 100 years...

[Chick]

chick,

would it be ok with if you knew silvio shoots synthol, but it wasn't obvious ?

If Silvio used Synthol, he wouldn't be placing in the top 5 of every show he enters, so it wouldn't really matter now, would it?

[G o a t b o y]

LOL..so your contention is that only NOW have lendors figured out that bad risks, are bad risks??  Good thing they have you here to tell them what they've been doing wrong for 100 years...

100 years?      They've been fucking up for about 4 years, not 100 years.


Bob, you seriously don't have a clue about the underlying dynamics of the current credit crisis, and are a fool if you want to debate me on it.  Stick to what you know, like saying "wow, Silvio's really done his homework" ten times a broadcast.   

[knny187]

Well, lucky for you, living in your parents basement....it doesn't really matter what the markets doing in 2 years now, will it?

I'll be buying your foreclosed house dipshit

 

[dearth]

If Silvio used Synthol, he wouldn't be placing in the top 5 of every show he enters, so it wouldn't really matter now, would it?

nice attempt to sweep this one under the rug.

lets try again.

I said synthol use "that wasn't obvious" (your words), but you knew about it.

remember, if its not obvious - how the judges know to place him down?

does your "synthol is ok as long as its not obvious?"  logic apply here?

[Chick]

100 years?      They've been fucking up for about 4 years, not 100 years.


Bob, you seriously don't have a clue about the underlying dynamics of the current credit crisis, and are a fool if you want to debate me on it.  Stick to what you know, like saying "wow, Silvio's really done his homework" ten times a broadcast.   

Bad risks are bad risks, be it 100 years ago, or the last 4....

[Chick]

I'll be buying your foreclosed house dipshit

 

You couldn't afford my fuckin storage shed, boy...now go back to watching Hanna Montana

[knny187]

You couldn't afford my fuckin storage shed, boy...now go back to watching Hanna Montana

Smart of you bob trying to scurry.


in a battle of wits....


you're the rat in the trap

[Chick]

nice attempt to sweep this one under the rug.

lets try again.

I said synthol use "that wasn't obvious" (your words), but you knew about it.

remember, if its not obvious - how the judges know to place him down?

does your "synthol is ok as long as its not obvious?"  logic apply here?

I think it's you thats missing the point...which was, if it isn't obvious, no one knows. I wouldn't know or not know what Silvio uses? doesn't use...so the question is irrelevant. It's not my job to gve a shit what anyone chooses to do...

[G o a t b o y]

Bad risks are bad risks, be it 100 years ago, or the last 4....

Yeah, but bad risks don't matter if you just focus on your sales commissions, don't do any underwriting, and package and peddle crap mortgages as CDO's.

Banks figured out how to pad their bottom lines by selling crap mortgages while assuming none of the risks.  The jig's up now, but for a while it was Enron-like "money for nothing".  The piper still remains to be paid on a lot of this mess.

[Chick]

Yeah, but bad risks don't matter if you just focus on your sales commissions, don't do any underwriting, and package and peddle crap mortgages as CDO's.

Banks figured out how to pad their bottom lines by selling crap mortgages while assuming none of the risks.  The jig's up now, but for a while it was Enron-like "money for nothing".  The piper still remains to be paid on a lot of this mess.

Agreed, that said, it's the lending houses that were left holding the bag (or the house) by their own stupidity...

[knny187]

true colors:

[sgt. d]

You couldn't afford my fuckin storage shed, boy...now go back to watching Hanna Montana

lol

[G o a t b o y]

Agreed, that said, it's the lending houses that were left holding the bag (or the house) by their own stupidity...

The point is, the supply and demand situation in housing will be skewed for many, many years.  It will take a long time before demand equals 2005/2006 levels, because in those years much of the demand was made up of people who never had any business in the housing market to begin with.  Now that the credit markets have faced reality, that segment will be permanently returned to the rental market where they belong, leaving permanently lowered demand in the face of a glut of supply.  That means depressed prices for many years to come.