Sunday, March 08, 2009

Billions And Billions

111,609,629 Houses
75,072,666 Owner Occupied Units
51,164,197 Houses with mortgages
$1500 Average monthly mortgage payment
$80b Every mortgage in the US for one month
$720b (after deductibility) for one year

Anybody still think this is about people and homeownership? The last freaking "bailout" could pay every mortgage for a year. Less than 10% are even in trouble.

7 comments:

con said...

Foist? Joy?

Rob Dawg said...

Congratulations. Been slow these last few days but it is going to be a big week.

con said...

Everyone must be burned out on all this stuff. Getting 1% is so much fun....

con said...

Stargate SG-1 starts up here in frisco at 0100 -- that will cheer me up. Escapism in sci-fi....

cheers!

tj and the bear said...

Big week? What are you expecting, Dawg??

BTW, looks like Jon & Ken got a good start on the tax revolt.

Rob Dawg said...

Big week? What are you expecting, Dawg??

A currency event or a bond event or combination of the two. It's early but the currency event seems to be starting in the Pound and Euro.

Jon&Ken made for good theater.

H Simpson said...

Did Casey get some fake boobs, or is that him wearing a woman's top?

Looks like that pastey white boy's skin. Especially if you live your life in your parent's basement.

That shawl looks like his old (non-)work shirt.

Goofing off. Yep, that fits the M.O.

No jaba juice container though...

h.