Trust me!!!
In all this economic crisis things will get better.

When one door is closed several are open!!

quote:

Originally posted by Chief:
When one door is closed several are open!!

You plan coming back as Nemesis II?

Regardless of our color we are all children of God!!

-- The Dow Jones closes up more than 900 points, according to early tallies -- its biggest point gain in a single day ever. CNN 10/13
Chief gat connections!

quote:

Originally posted by Chief:
Trust me!!!
In all this economic crisis things will get better.

the sub prime crisis is still with us. The unemployment burden it still going to weigh on the economy. What happened today was good but the we are still in for a recession.

Direct connections!

D2,
Recession or no recession,give thanks, for we are better off than those in the poor countries.

quote:

Originally posted by Chief:
D2,
Recession or no recession,give thanks, for we are better off than those in the poor countries.

most poor countries are poor because of bag government. God has nothing to do with our failures or successes here either. one gives thanks to their god, whatever they conceives him/her/it to be by being the best they can be.

quote:

Originally posted by D2:

quote:

Originally posted by Chief:
D2,
Recession or no recession,give thanks, for we are better off than those in the poor countries.

most poor countries are poor because of bad government. God has nothing to do with our failures or successes here either. one gives thanks to their god, whatever they conceives him/her/it to be by being the best they can be.

Karma is a bytch.

Bai, Chief......you statement motivated me to come back...

WITH GOD'S GUIDANCE ...THE POWER OF ONE..... SEE NO BARRIERS....

especially at BBP...

Tola you are good man!!!
You more than anyone can relate to what Iam speaking about, for you have worked with the poor in several countries.

You are too Chief...

Hi Tola, glad to see you are back... Jaisa karni, waisa barni...

quote:

Originally posted by Chief:
D2,
Recession or no recession,give thanks, for we are better off than those in the poor countries.

That is not the point . The lending institutions and the federal govt have not addressed how they will fix the subprime issue which is the core of the financial problem . The subprime problem surfaced since early summer 2007 , we are now in fall 2008 , a year and a half now and no one has done shyte about resolving the issue.

I said last September 2007 that lenders should have reduced mortgage principles by 20% , reduce the interest rates to the current prevailing mortgage rates , restructure retailor mortgages so that people can stay in the homes rather than foreclose , depress the market further and eat the 20% loss rather than allow the shyte to pile up and everyone go under .

It is still not too late to do this but there is no forthcoming leadership on this matter . Funny , I heard George Soros who was wrong on the economy earlier this year now saying the same thing I said september 2007.

IT is commonsense , it is practical , it is better than having economies implode . I have many good excellent tenants in NY and when they face financial hardship I cut their rents by as much as 20% to keep them because they are good tenants , because I do not wish to sustaon vacancy losses . It is basic dollars and $ense .

I have repeatedly sent my suggestion and recommendations to the Obama campaign but no one seems to be biting on the suggestion . I am not the only one who makde these suggestions , many have , and the more I look at it the more sense it makes but then , who said folks who run financial institutions and govt are smart ?

I also recommended that mortgage portfolis be examined and investigated and lenders and mortgage brokers who submitted falsified applications be charged , tried and jailed , unless people go to jail over this fiasco the consumer remains at risk .

When the subrpime was introduced I warned my agents they were not to sell this product to consumers some got upset because they felt they would lose from big commissions , I gave them marching orders . The fact of the matter is if real estate professionals contribute to such fiascos then where is the ethics in the practice of the industry ? I believe we have an obligation to the consumer .

I am continuing my crusade and I hope lots of people go to jail over this fiasco .

quote:

Originally posted by Chief:
Regardless of our color we are all children of God!!

Chief.

Speak for yourself.

I also apologise for the comments I made about you in the past. I now understand your confusion. You don't even know your father. This must be a tramatic experience and cause you to say these things

we can always count on Kidmost to remind us of the other side of the mountain.

THis mess did not come overnight and there are many who must be held responsible. Until now the plans are still ther eto bail out the BIG BOYS. WHat about the small man!!

Rass US like it gann fe channas yoo...the great US in deeeeep shyte as we speak...hoo cood ah eva believe dis...big supa power...going to the dogs.God is indeed great and swift is his punishment too.

Jesus is great! He will fix every thing.

A lot of rats on board the ship.

Rats are the crawling angels sent from above. My God is greater than Obama.

Dudes in time of crises it is not wise to panic but to be calm , cool and collective . Understand the problem , know the root causes and address how to resolve them . The doomsday preachers wont help but add to the crises . America has been here before and overcame it , it has the strength , courage and know how to do it again . This is a time for confidence building not throwing ones hands in the air . The political , social and economic structures in the USA are old and are not being effective in this new world order , things have got to change . We know regulation is imperative , we know technocrats who are supposed to be the custodians of regulation will be subject to political influences , the system is not perfect and never will but we must be vigilant and watchful for events like these . The subprime market was a ticking bomb, no one was making loud enough noise about it but it not just the subprime market , there are a host of other situations which made for a 'perfect storm'.
If you guys can add to the solution then just dont spread fear and panic .

quote:

Originally posted by Prince Juno:
Jesus is great! He will fix every thing.

Savings Accounts doing good!
Remember Jesus saves!

quote:

Originally posted by Terry Ishmael:
Savings Accounts doing good!
Remember Jesus saves!

Sallam bro...how the bail treating yu me fren...did it get to main street yet???

salaam
Bail is for dem rich people to cut and run with something in they pocket. Main street aint getting nutting. When yu in NY again?