Friday, July 27, 2007

It's Gwynster Week on Sacramento Land(ing)

The ever popular Gwyn has graciously agreed to guest blog here while I'm on vacation. I'll be back in about a week. Don't burn down the house while I'm gone ;-)

9 comments:

Sittin' Out This One said...

Gwynster, you really rate. I am glad to see Lander putting his faith in you. Your comments are always enjoyable. Let's throw some meat on the coals and roast a housing pig while Lander is out!

Cmyst said...

Woot, Gwynster!

Rob Dawg said...

Burn baby burn! Don't let the "man" keep you down.

buying time said...

If anyone can keep us in line while Lander is gone...it would be Gwynster!

Cmyst said...

BT-

Do tell us about Blackstone! Or, post a bit on Average Buyer blog about it.

buying time said...

I'll post an update on Monday (on Average Buyer)...we did a bit more recon this weekend.

Brian said...

last week we were making predictions about the slowing of the wider US economy. I just read somewhere that the Bush Administration has revised GDP growth numbers for the last three years, and almost every quarter was revised downward.
It makes me wonder if it was done so that they can hold on a little longer to the notion that the economy is 'robust and continues to grow.' Watch them fudge the numbers over the next year so that republicans can campaign on the economy instead of having to talk Iraq.

Brian said...

what I mean is that if the GDP number was lower before, than in comparison, what would have been stagnant or slightly contracting GDP right now, will look like growth compared to the revised numbers.
I always thought that when government was so incompetent and untrustworthy it was supposed to drive you to republicans? Well, that ain't happenin' on W's watch, they have single-handedly dismantled what looked likely to become a 'permanent majority.' ROFL

SacramentoCrash said...

Doesn't retail spending makes up 80% of GDP?

Lower consumer spending

High gas prices

Higher mortgage rates

Interest rate resets

More stringent lending criteria

Skittish Chinese Central Bank pulling out of mortgage backed securities market.

Unstable credit markets

= Declining values

It just went too fast too far.

What goes up must come down, spinning wheel all around.....