New Home Sales at a record low February 23, 2010

The Commerce Department reported Wednesday that new home sales dropped 11.2 percent last month to a seasonally adjusted annual sales pace of 309,000 units, the lowest level on records going back nearly a half century. The big drop was a surprise to economists who had expected sales would rise about 5 percent over Decembers pace.

The big drop was a surprise? WTF? How is this a surprise? Who are these “economists”? Seriously… who are these big brains? How could they be surprised? When “economist” as a whole are cited… you can be sure the story is bullshit…

The only reason the economy is not in a death spiral is because to the government stimulus. Take that away and we’d be fighting over scraps like Filipino’s on a mountain of garbage… (no offense to my Filipino friends, I feel your pain too.)The first time home buyer credit of $8000 has run it’s course. That amount of money is not going to make someone buy a house that is still way overpriced. Stories like this make my consumer confidence drop like shares of GM… how could some AP reporter write this story and not be laughing? Stories like this head in the sand BS are what got us into the housing bubble to begin with.

I am sure you remember 5 years ago when every talking head on television was telling you that it is a “great time to buy a house”. Well I bought a house 5 years ago and just sold it (thankfully) and guess what? The sale price was 24% less than what we bought it for 5 years ago. And the really sad part is that the price we paid for it was double the price we should have paid for the house. So the new owners still overpaid for the house.

I am not crying about the sale price… I had to dump it… it was part of my divorce agreement. So for me the money was well spent… I just kid… it’s all good…

The point of the story is that the so called experts are not experts… they are stupid idiots who are driving this economy off a cliff… and have been for going on 40 years… my entire life!

Look I want to make a point. I know I post a lot of stories about the bonuses Wall Street is making and CEO are making… I don’t want you to think I am jealous. I am not… I wouldn’t know what to do with a half a billion dollars… well I might build some schools and send a few thousand kids to college… but I digress…

I am angry, because their wealth is making all of us poor. It would be fine if the pie was big and we all got to have a taste, even if their piece was bigger… much bigger than mine… but the pie is big and they take it all… I can’t have a taste…I just want a nibble…That is just plain wrong… and they know it… and they try to make me feel bad for being a mediocre person. I like being mediocre!

They control the game and they (the people making taking? the money of course) spin the stories like the one about housing sales to make it seem like they can not understand why the economy is not doing well… like they are surprised new home sales are down.

They know exactly why. It is not an accident the economy is shitty. It is shitty because the so called economic elites ate all the pie!

My favorite part of the “official story” is when the experts act concerned and sympathetic… I am sure you know that they don’t give a rat’s ass about you or anyone you know. They are rigging the game to favor them 100% of the time… be it bank regulations , health care reform, the never ending wars…

OK… so we are working on this blog and we could use some help… if you want to wrant please do… I’ll make you a contributor… I can’t pay of course, ( I am unemployed remember) but I’ll give you your own page and set you up on the blog to get you going…

Thanks for reading…
Stay Gold,
Aimlow Joe

20 Responses to New Home Sales at a record low February 23, 2010

  1. Tremendous things here. I am very satisfied to look your post.
    Thanks so much and I am taking a look ahead to contact you.
    Will you kindly drop me a e-mail?

  2. Eugenie says:

    Excellent website. A lot of useful information here. I’m sending it to a few pals ans also sharing in delicious. And certainly, thank you for your effort!

  3. I definitely wanted to type a brief message to express gratitude to you for these wonderful advice you are giving at this website. My incredibly long internet lookup has at the end of the day been compensated with incredibly good facts to write about with my classmates and friends. I ‘d suppose that most of us site visitors are unequivocally lucky to be in a fine place with very many marvellous professionals with valuable techniques. I feel truly privileged to have come across the webpage and look forward to plenty of more thrilling minutes reading here. Thanks a lot again for everything.

  4. Hiya, I’m really glad I’ve found this information. Today bloggers publish only about gossips and web and this is really frustrating. A good site with exciting content, this is what I need. Thank you for keeping this site, I will be visiting it. Do you do newsletters? Cant find it.

  5. Ottimo articolo, ottime informazioni saluti

  6. Hola señores, excelente aportacion amigo Excelente.

  7. Thanks for one’s marvelous posting! I actually enjoyed reading it, you may be a great author.I will ensure that I bookmark your blog and may come back sometime soon. I want to encourage you to ultimately continue your great posts, have a nice afternoon!|

  8. There is obviously a lot to know about this. I suppose you made some good points in features also.

  9. Are these messages are some ? It can be like that .

  10. Exede deals says:

    I’m impressed, I have to admit. Rarely do I encounter a blog that’s equally educative and entertaining, and let me tell you, you’ve hit the nail on the head. The problem is something too few folks are speaking intelligently about. I’m very happy that I stumbled across this in my search for something concerning this.|

  11. Awsome post and straight to the point. I am not sure if this is in fact the best place to ask but do you guys have any ideea where to get some professional writers? Thx :)

  12. Fulfill designer along with the woman new hubby The nike jordan, whom hitched about the fifth connected with September this year within the outdoors wedding ceremony, accompanied by products along with online games plus a evening below Hugo Boss. I just now appreciate exactly how on nearly all photo Jess is either giggling along with cheerful fit in order to burst, as well as wiping satisfied rips away- it’s so wonderful!

  13. Appreciating the time and energy you put into your jgods blog and detailed information you present. It’s great to come across a blog every once in a while that isn’t the same old rehashed material. Wonderful read! I’ve saved your site and I’m including your RSS feeds to my Google account.

  14. GrayceQBrola says:

    I blog often and I really thank you for your information. This
    great article has truly peaked my interest.
    I’m going to take a note of your site and keep checking for new information about once a week.
    I opted in for your Feed as well.

    my web-site; GrayceQBrola

  15. Después de estar toda la tarde pensando donde podría estar el problema, lo único que descubro es que el servicio técnico de Siemens Fujitsu es el culpable y que no ha hecho nada, luego llamamos y nos dicen que lo que ellos hacen es instalar el CD de recuperación con lo cual me di cuenta de que el problema estaba en que el controlador wifi estaba mal de fábrica.

  16. Además destacamos sobre el resto, ya que cobramos un precio bajo y fijo por la revisión y el diagnóstico de la avería de su frigorífico Nuestro técnico le explicará los motivos por los cuales su frigorífico se ha estropeado, y tras realizar la reparación del frigorífico le dará los consejos precisos para que realice los cuidados precisos para alargar la vida útil del frigorífico.

  17. news says:

    Very soon this web site will be famous amid all blogging and site-building visitors, due to it’s pleasant posts|

  18. At this moment I am going away to do my breakfast, after having my breakfast coming over again to read more news.|

  19. go here says:

    Thanks for sharing such a good opinion, piece of writing is pleasant, thats why i have read it fully|

  20. more info says:

    I do not know if it’s just me or if everybody else encountering issues with your blog. It seems like some of the text on your posts are running off the screen. Can someone else please comment and let me know if this is happening to them too? This might be a problem with my web browser because I’ve had this happen previously. Many thanks|

Leave a Reply

Your email is never published nor shared. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

    Wednesday, March 29, 1:20 am

  • Meta

  • Bookmark and Share

Powered by WordPress