{"id":5773,"date":"2009-10-30T12:05:32","date_gmt":"2009-10-30T17:05:32","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=5773"},"modified":"2010-07-07T20:07:21","modified_gmt":"2010-07-08T01:07:21","slug":"hopeless-and-changeless","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=5773","title":{"rendered":"Hopeless And Changeless"},"content":{"rendered":"

OK, so the Obama Administration is only “improving our image abroad” in the most cosmetic, least-meaningful possible way.\u00a0<\/p>\n

But at least he’s cured the whole housing crash, right?<\/p>\n

Oh, what do you think<\/a>?<\/p>\n

\n
\n

Whitney Tilson has another take on the August Case-Shiller numbers, which sent housing<\/span><\/span><\/a> bulls into spasms of glee a few days ago.<\/p>\n

The sequential increase in prices in August was less than the sequential increase in July.\u00a0 This, Whitney believes, is the start of the seasonal downturn that will take house <\/span>prices<\/span><\/span><\/a> down another 10%-15% by the middle of next year.<\/div>\n<\/blockquote>\n

\u00a0Sigh.<\/p>\n

Well, at least Obama’s gotten the government out of the mortgage business – right?<\/p>\n

You still don’t see the pattern<\/a>, do you?<\/p>\n

But we were wrong — the housing bubble is back. Sure, prices aren’t at their old levels, but everything else is in place.<\/p>\n

Generous government involvement is back. Fear of missing out on good deals is back, and yes, even no-money-down is back.<\/p><\/blockquote>\n

And Freddie and Fannie have to buy all the squibs back, right?<\/p>\n

Just a wild guess.<\/p>\n","protected":false},"excerpt":{"rendered":"

OK, so the Obama Administration is only “improving our image abroad” in the most cosmetic, least-meaningful possible way.\u00a0 But at least he’s cured the whole housing crash, right? Oh, what do you think? Whitney Tilson has another take on the August Case-Shiller numbers, which sent housing bulls into spasms of glee a few days ago. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-5773","post","type-post","status-publish","format-standard","hentry","category-world"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5773"}],"version-history":[{"count":2,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5773\/revisions"}],"predecessor-version":[{"id":11890,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/5773\/revisions\/11890"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5773"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}