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Posted: 4/29/2009 10:11:08 AM EDT
[#1]
Quoted:
Great job. I've been maxing out my credit cards for the same reason.  I got me a new 2009 KTM 250XC 
It will be my Mad Max vehicle. |
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Posted: 4/29/2009 10:12:15 AM EDT
[#2]
Quoted:
Sarcasm is wasted on some. Indeed.
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Posted: 4/29/2009 10:14:38 AM EDT
[#3]
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Quoted:
You bought a house? Now? Yikes.  40K off last years selling price (NEW) and 4.8% interest. But it won't matter, I'm only making 12-20 payments before I don't have to anymore. Remember when Peggy Joseph said she was gonna help Obama out by voting for him because he was gonna help her out by paying her mortgage and gas? Yup, I would say you made a good decision. 
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Posted: 4/29/2009 10:16:52 AM EDT
[#4]
That's awesome.
Economic collapse is coming in 2010, may as well take advantage of it. If hyperinflation happens you can pay your hopuse off in 2 weeks easily also. It's a win-win. |
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Posted: 4/29/2009 10:29:09 AM EDT
[#5]
Quoted:
Yep, I'm going to FUCK a BANK. Just got approved on our new home loan. Last payment will be in 2039. As we all know it ain't going to make it till 039, economic collapse is right around the corner and thus once that happens I won't have to make anymore payments because all the stupid fatcats at the bank will either be dead or running for their lives/scraping in ditches for dirt. At best they will be personal slaves of us gunowners. I mean how STUPID are they for giving me a loan for 30 years when we only have possibly only months left, at best a year or two before total economic collapse and worldwide panic. I'm not stupid either, it is a gated (smallish) community with walls on all sides and about 3 miles out of town. I will be forming the ******* Hollow militia shortly after I move in. So when the hungry hoards try to come for my (no longer making payments to the bank) house I will shoot them from the walls. HA HA!!!!! I laughed. 
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Posted: 4/29/2009 10:29:51 AM EDT
[#6]
Quoted:
Quoted:
Great job. I've been maxing out my credit cards for the same reason. I got me a new 2009 KTM 250XC
It will be my Mad Max vehicle. Sweet! I was thinking about mounting a .50 on my 525EXC. |
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Posted: 4/29/2009 10:42:37 AM EDT
[#7]
that is my plan too.
When the swine pandemic kills off 90% of the bankers, I will not have to make a mortgage payment. 
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Posted: 4/29/2009 11:04:55 AM EDT
[#8]
Quoted:
A more likely result is that when things collapse, someone (the Chinese ?) will buy the note from the dead bank you got the house from. Then if they want the house (like they want to put a shopping mall or American detention center in its place) then they call in the note to you (it's probably in your mortgage clauses anyway) and if you can't pay, you are homeless. Some states prohibit mortgages with call clauses, YMMV. |
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Posted: 4/29/2009 11:24:37 AM EDT
[#9]
Good God Sherrick, even a nice, articulate, rational troll is still a troll! Take a break man!
.... 
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Posted: 4/29/2009 11:39:05 AM EDT
[#10]
Quoted:
Could have just waited for the collapse and moved into the empty house for free. Nah, then you would have to use up valuable ammunition as you move your tactical column into the target neighborhood. Hopefully the OP used all the tax rebates to buy ammo and install an electrified moat! |
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Posted: 4/29/2009 12:37:00 PM EDT
[#11]
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Could have just waited for the collapse and moved into the empty house for free. ............... DAMNIT!!!!!!!
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Posted: 4/29/2009 12:37:41 PM EDT
[#12]
Quoted:
Sarcasm dose not elude me. OP is trolling. Rubbing noses in shit, is his intent. CoC violation Thread lock and nasty gram is in order. Personally I am getting tired of his symantics game regarding the economy as my town dries up and blows away. Retarded thread needs lock. Nobody makes you click, mr obsolete rifle. |
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Posted: 4/29/2009 12:39:30 PM EDT
[#13]
Quoted:
how are the HOA cc &r's  $500 a year for a pool, playground and walled neighborhood. They also video every car that comes and goes (only one way in and out). No parking on the street, lawns mowed, etc.... nothing too onerous. |
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Posted: 4/29/2009 12:40:18 PM EDT
[#14]
And so it begins,
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Posted: 4/29/2009 12:40:58 PM EDT
[#15]
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Quoted:
You forgot liquor. And weed. If everything collapses... people will want to get their buzz on fo sho.
Quoted:
Quoted:
Quality breeders fetch a premium. Wide hips and the ability to haul firewood will be the new standards of beauty.
After the economic collapse there will be no financial markets. Nobody will be buying anything, except food, women, ammo and gold. ^ A man that understands. Not for a while, though. Women will be the only luxury for a while. |
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Posted: 4/29/2009 12:41:34 PM EDT
[#16]
Quoted:
I am glad to see you have great ethics and now have become what has ruined this nation...
And you take the internet too seriously. 
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Posted: 4/29/2009 12:43:07 PM EDT
[#17]
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Quoted:
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You bought a house? Now? Yikes. 40K off last years selling price (NEW) and 4.8% interest. But it won't matter, I'm only making 12-20 payments before I don't have to anymore. that's a steal. best time to buy right now. Yes it is. We are also doing a refi on the house we live in now (which will be a rental) and another of our rentals. Before it all ends we are looking to pick up another rental before next summer. |
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Posted: 4/29/2009 12:43:34 PM EDT
[#18]
Bitchin plan dude! Remember though if the loan officers make it to the wall first it will be cover for them and you will be in a fishbowl of death my man! Plant explosives along the wall now to counter this possible threat.
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Posted: 4/29/2009 12:45:11 PM EDT
[#19]
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Bitchin plan dude! Remember though if the loan officers make it to the wall first it will be cover for them and you will be in a fishbowl of death my man! Plant explosives along the wall now to counter this possible threat. Will do. Thanks for the advice !!!!
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Posted: 4/29/2009 12:45:16 PM EDT
[#20]
Blatant satire ≠ trolling
Congratulations on your purchase. |
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Posted: 4/29/2009 12:51:47 PM EDT
[#21]
That was a dumb move. When the nuclear holocaust hits, your house is going to be rubble. You should have built yourself a Vault.
Hmm... can you buy anti-radioactive-mutant ammo on a mortgage plan? |
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Posted: 4/29/2009 1:57:58 PM EDT
[#22]
Oklahoma 2015:
Most of the looters have been ambushed. R.I.P. Electric power is restored. Most people have perminantly repaired their roofs. Gardens suppliment occasional food deliveries. The Internet allows purchases you can pick up at the general store once a month. Television broadcasts have replaced the public school system: no money for teachers, no fuel for buses. The government prints money to pay the recovery crews, but plans are for Banks to be taxed to stop inflation. No tax collectors would survive going house to house. The UN hasn't taken over...yet. Keep your guns ready. Its a simpler age. |
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Posted: 4/29/2009 2:03:49 PM EDT
[#23]
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Quoted:
Quoted:
Retarded thread. Needs a lock.  yep, trolling. Eh, I don't see it as trolling. I'm as much of a SHTF tin foil pessimist as anyone, and I think it's funny. Me too!!
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Posted: 4/29/2009 2:07:31 PM EDT
[#24]
Quoted:
Sarcasm dose not elude me. OP is trolling. Rubbing noses in shit, is his intent. CoC violation Thread lock and nasty gram is in order. Personally I am getting tired of his symantics game regarding the economy as my town dries up and blows away. Retarded thread needs lock. Oh, look! Someone who thinks collapse is imminent. You win 10 internets, OP. |
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Posted: 4/29/2009 2:12:09 PM EDT
[#25]
Good luck with that there plan of yours.
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Posted: 4/29/2009 2:13:47 PM EDT
[#26]
Quoted:
You bought a house? Now? Yikes. I'll bite. Why not? 1) Historically low interest rates. Check 2) Historically depressed home market. Check 3) Federal Stimusocialist home buyer tax credit. Check 4) An out of control government hell bent on creating inflation. Check I might be a little bit slow but this seems like a no brainer to me. |
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Posted: 4/29/2009 2:15:23 PM EDT
[#27]
Quoted:
In 20 months, you could have purchased for half the original asking price. I'd be willing to take your bet and give you 2:1 odds that this won't be the case. |
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Posted: 4/29/2009 2:19:30 PM EDT
[#28]
Quoted:
That's awesome. Economic collapse is coming in 2010, may as well take advantage of it. If hyperinflation happens you can pay your hopuse off in 2 weeks easily also. It's a win-win. Ding ding ding! Tell him what he's won! The only way out of the trillions worth of new debt that Obama is creating is inflation. Plus it fits right in with his socialist bent in that inflation improves the lot of debtors at the expense of those who saved and have assets. If you think the economy will further implode in the next few years, getting a bunch of low interest rate debt and using it to purchase hard assets is probably the BEST thing you could possibly do. |
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Posted: 4/29/2009 2:25:34 PM EDT
[#29]
Quoted:
I'm thinking now might be a good time to buy. When the hyper inflation hits We could be making $100.00 an hr working at Mc Donalds! I could make a $2000.00 a month house payment. I don't think it will crash in the next year or two. But I think the next 20 to 50 Yrs Something will happen if We can't get to a real balanced budget. Since We have a democracy now instead of a Republic I think sooner is more likely. Obama is pumping tons of funny money into system and layoffs still happening in droves. You are mistaken - reckoning time is upon us. Only people who don't think so believe in socialism like it works the other thousands of times it failed if only we do it just right. Not happening. |
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Posted: 4/29/2009 4:30:48 PM EDT
[#30]
The evil Corporation is thwarting my dasteredly plans.
The guy I'm buying it off got transfered and part of the his deal with the company is they will pay for the loss he takes on his house. So the corp has to approve the deal. They are dragging their ass, but should ok it tomorrow. I need to start digging my trenches and stacking my rice ASAP!1!!!!!!!112!@2!@# Damnit.
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Posted: 4/29/2009 4:36:54 PM EDT
[#31]
Quoted:
Yep, I'm going to FUCK a BANK. Just got approved on our new home loan. Last payment will be in 2039. As we all know it ain't going to make it till 039, economic collapse is right around the corner and thus once that happens I won't have to make anymore payments because all the stupid fatcats at the bank will either be dead or running for their lives/scraping in ditches for dirt. At best they will be personal slaves of us gunowners. I mean how STUPID are they for giving me a loan for 30 years when we only have possibly only months left, at best a year or two before total economic collapse and worldwide panic. I'm not stupid either, it is a gated (smallish) community with walls on all sides and about 3 miles out of town. I will be forming the ******* Hollow militia shortly after I move in. So when the hungry hoards try to come for my (no longer making payments to the bank) house I will shoot them from the walls. HA HA!!!!! lulz. Funniest thing you've ever posted.
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Posted: 4/29/2009 4:39:53 PM EDT
[#32]
I like your style. I need a new state.
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Posted: 4/29/2009 5:09:35 PM EDT
[#33]
Quoted:
Quoted:
In 20 months, you could have purchased for half the original asking price. I'd be willing to take your bet and give you 2:1 odds that this won't be the case. 
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Posted: 4/29/2009 5:41:53 PM EDT
[#34]
Dont worry about it. If we have hyper inflation, you can pay your mortgage off by selling a loaf of bread.
Put some flour away, and you'll be rich I tell ya. |
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Posted: 4/29/2009 5:43:44 PM EDT
[#35]
We think alike. My conundrum is figuring exactly when to borrow a shitload of money, and buy ferraris. Have you figured out how to determine exactly "when"?
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Posted: 4/29/2009 5:44:46 PM EDT
[#36]
Low interest rates and low housing prices? Perfect time to buy if you have the scratch.
If you can come up with the down payment, would you rather pay $1000 in rent or $1000 for a house payment? You'd be an idiot to pay rent.... |
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Posted: 4/29/2009 5:46:53 PM EDT
[#37]
Well, good luck
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Posted: 4/29/2009 5:50:24 PM EDT
[#38]
Shhh with your track record that just may happen.
Then someone would bump this post.
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Posted: 4/29/2009 6:12:28 PM EDT
[#39]
Quoted:
I'm not stupid either, it is a gated (smallish) community with walls on all sides and about 3 miles out of town. I will be forming the Assh*le Hollow militia shortly after I move in. So when the hungry hoards try to come for my (no longer making payments to the bank) house I will shoot them from the walls. Would you like to buy a vowel?
JK. Congratulations. I'm going to wait a year until the prices fall another 10%. |
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Posted: 4/29/2009 6:41:59 PM EDT
[#40]
LAY OFF THE DOPE
trust me you are already fucked up enough 
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Posted: 4/29/2009 9:24:34 PM EDT
[#41]
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LAY OFF THE DOPE trust me you are already fucked up enough Just where do you think my plan is funny.
I'm dead internet serious. |
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Posted: 4/29/2009 9:46:19 PM EDT
[#42]
Congratulations!
the wife and I are looking at buying an acreage (maybe a half section) soon, hopefully this summer, with prime at 0.25%, and mortgage rates at prime plus 2 or less around here, I am all over it
(Still not going to buy more than I can afford though, don't want to be like all those lemmings that buy on the payment they can afford, then get raped when the interest eventually goes up) |
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Posted: 4/29/2009 10:02:41 PM EDT
[#43]
Quoted:
Congratulations! the wife and I are looking at buying an acreage (maybe a half section) soon, hopefully this summer, with prime at 0.25%, and mortgage rates at prime plus 2 or less around here, I am all over it
(Still not going to buy more than I can afford though, don't want to be like all those lemmings that buy on the payment they can afford, then get raped when the interest eventually goes up) Huh? NO WAY IN HELL should you get an ARM.
Best time to buy, but get a FIXED RATE ONLY. |
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Posted: 4/29/2009 10:41:28 PM EDT
[#44]
Quoted:
If the bank goes under, somebody else will buy up that note. Especially if you've been making payments. So you ain't fuckin' nobody. But congrats on the purchase! With home values depressed as they are right now, it's really not a bad time to buy, despite the naysayers. The current economic situation hasn't hurt you if you are still working, and didn't lose a shit-ton in the stock market. this. |
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Posted: 4/29/2009 10:48:03 PM EDT
[#45]
Right on man! We need more people like you.
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Posted: 4/29/2009 11:09:43 PM EDT
[#46]
Quoted:
In 20 months, you could have purchased for half the original asking price. You can do that now in Florida. |
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Posted: 4/29/2009 11:19:46 PM EDT
[#47]
Dude, you totally stole my plan!!
I was approved about a month ago and I can tell you house buying has picked up. A lot of the houses we have looked at (and wanted to look at ) are in a "pending" state, meaning someone has put a bid in. Things are turning around for the housing market at least in this area
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Posted: 4/29/2009 11:26:00 PM EDT
[#48]
Quoted: After the economic collapse there will be no financial markets. Nobody will be buying anything, except food, women, ammo and gold. So, the question is, has your Muslim wife accepted that she will likely have to eat some pork to survive when the world collapses?  |
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Posted: 4/30/2009 2:20:13 AM EDT
[#49]
Quoted:
Quoted:
After the economic collapse there will be no financial markets. Nobody will be buying anything, except food, women, ammo and gold. So, the question is, has your Muslim wife accepted that she will likely have to eat some pork to survive when the world collapses?
Not yet.
How can someone NOT like bacon? |
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Posted: 4/30/2009 8:43:07 PM EDT
[#50]
I hope you locked your rate. Treasury rates are rising despite Bernanke/Geithner "printing". This is the bond market mess that Denninger has been warning would hit, and it will be ugly.
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