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While Donny Wins, Rome Burns

Chuck Ponzi November 25th, 2009

TV Dancing with the StarsI have nothing against Donny.  Love him to death.

Still, is this what is going on in people’s minds?

While the rest of the world starves, we’re paying double on our housing so that Congress can feel like they did something?

Why can’t we get more Ritholtz on TV and less Osmond?

Meanwhile, the housing bottom?  Not Even Close.

Sucks to be buying a house right now in Coastal California.

Meanwhile, HALF OF ALL BANK LOSSES NOT YET BE RECOGNIZED?

Seriously, we are champions of denial.  Extend and Pretend.  and Pretend some more.  Southern California is right at the heart of that.  Repeat after me… Extend…. Pretend…  Say it 10 times and it’s kinda soothing.

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2 Comments »

Comment by Patrick
2009-11-28 08:20:49

Amen brother, amen. Lets pray for those in the House and Senate and hope we get back on the right track before its too late.

 
Comment by Logan Real Estate
2009-11-28 11:29:07

Ouch.. So Southern California isn’t even at bottom yet eh? Media reports I’ve been reading have said otherwise. The media does what it wants to make its perspective of things.

 
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