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	<title>Comments on: Record foreclosures clog NJ courts</title>
	<atom:link href="http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/feed/" rel="self" type="application/rss+xml" />
	<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/</link>
	<description>Real Estate, Economics, and Politics</description>
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	<item>
		<title>By: seoproindia</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-253083</link>
		<dc:creator>seoproindia</dc:creator>
		<pubDate>Wed, 31 Dec 2008 07:11:33 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-253083</guid>
		<description>I found  free career information on &lt;a href=&quot;http://www.bestcareersny.com&quot; rel=&quot;nofollow&quot;&gt;New York Colleges &lt;/a&gt;New York Schools, Best Careers in New York (NY) for various Programs like
Medical Assisting Degree in New York (NY), College for Criminal Justice
Career, Pharmacy Technician Degree NY, Business &amp; Accounting Careers,
Network Administration College Degree.So you can also visit .</description>
		<content:encoded><![CDATA[<p>I found  free career information on <a href="http://www.bestcareersny.com" rel="nofollow">New York Colleges </a>New York Schools, Best Careers in New York (NY) for various Programs like<br />
Medical Assisting Degree in New York (NY), College for Criminal Justice<br />
Career, Pharmacy Technician Degree NY, Business &amp; Accounting Careers,<br />
Network Administration College Degree.So you can also visit .</p>
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	</item>
	<item>
		<title>By: schabadoo</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248836</link>
		<dc:creator>schabadoo</dc:creator>
		<pubDate>Mon, 15 Dec 2008 04:49:36 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248836</guid>
		<description>&lt;i&gt;barney frank is a jacka*s. what an embarrassment.

love how o’reilly called him a coward.&lt;/i&gt;

Yeah, that O&#039;Reilly&#039;s some hero...</description>
		<content:encoded><![CDATA[<p><i>barney frank is a jacka*s. what an embarrassment.</p>
<p>love how o’reilly called him a coward.</i></p>
<p>Yeah, that O&#8217;Reilly&#8217;s some hero&#8230;</p>
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	<item>
		<title>By: Sean</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248835</link>
		<dc:creator>Sean</dc:creator>
		<pubDate>Mon, 15 Dec 2008 04:43:27 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248835</guid>
		<description>Clot - Armed is a fools game, you cannot defeat tanks without state help.

I like your idea of Italy, I was over in Italy several times over the last few years and can easily appreciate the lifestyle. 

 I have sailing skills, and that is my out, leave if it ever happens.</description>
		<content:encoded><![CDATA[<p>Clot &#8211; Armed is a fools game, you cannot defeat tanks without state help.</p>
<p>I like your idea of Italy, I was over in Italy several times over the last few years and can easily appreciate the lifestyle. </p>
<p> I have sailing skills, and that is my out, leave if it ever happens.</p>
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	<item>
		<title>By: Yikes</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248834</link>
		<dc:creator>Yikes</dc:creator>
		<pubDate>Mon, 15 Dec 2008 04:33:39 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248834</guid>
		<description>Clot - what fed announcement tues? mortgage rates going down Tues?</description>
		<content:encoded><![CDATA[<p>Clot &#8211; what fed announcement tues? mortgage rates going down Tues?</p>
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	<item>
		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248833</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Mon, 15 Dec 2008 04:25:35 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248833</guid>
		<description>Sean-

Arm yourself to the teeth, and go out in a blaze of glory.

Or, just short the crap out of everything that&#039;s gonna go up in smoke.</description>
		<content:encoded><![CDATA[<p>Sean-</p>
<p>Arm yourself to the teeth, and go out in a blaze of glory.</p>
<p>Or, just short the crap out of everything that&#8217;s gonna go up in smoke.</p>
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	<item>
		<title>By: Sean</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248832</link>
		<dc:creator>Sean</dc:creator>
		<pubDate>Mon, 15 Dec 2008 04:16:15 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248832</guid>
		<description>Clot - I agree but what to do, in a few months doomers will be ostracized,</description>
		<content:encoded><![CDATA[<p>Clot &#8211; I agree but what to do, in a few months doomers will be ostracized,</p>
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	<item>
		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248831</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Mon, 15 Dec 2008 04:07:11 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248831</guid>
		<description>sean (397)-

It now occurs to me that doom is our fate.</description>
		<content:encoded><![CDATA[<p>sean (397)-</p>
<p>It now occurs to me that doom is our fate.</p>
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	<item>
		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248830</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Mon, 15 Dec 2008 04:05:52 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248830</guid>
		<description>398 moderated.  Sorry.  Don&#039;t know why.  Quoted from the AP.</description>
		<content:encoded><![CDATA[<p>398 moderated.  Sorry.  Don&#8217;t know why.  Quoted from the AP.</p>
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		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248829</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Mon, 15 Dec 2008 04:05:09 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248829</guid>
		<description>Sean (397)-

He can&#039;t even detect a massive male pr@stitution ring running out of his own apartment...

Here&#039;s another sack of shit that shouldn&#039;t even have a bullet wasted on his summary execution.</description>
		<content:encoded><![CDATA[<p>Sean (397)-</p>
<p>He can&#8217;t even detect a massive male pr@stitution ring running out of his own apartment&#8230;</p>
<p>Here&#8217;s another sack of shit that shouldn&#8217;t even have a bullet wasted on his summary execution.</p>
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		<title>By: Sean</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248827</link>
		<dc:creator>Sean</dc:creator>
		<pubDate>Mon, 15 Dec 2008 04:01:58 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248827</guid>
		<description>We are doomed if this ass clown is the smartest man in congress.

http://www.cbsnews.com/stories/2008/12/11/60minutes/main4663945.shtml?source=RSSattr=HOME_4663945</description>
		<content:encoded><![CDATA[<p>We are doomed if this ass clown is the smartest man in congress.</p>
<p><a href="http://www.cbsnews.com/stories/2008/12/11/60minutes/main4663945.shtml?source=RSSattr=HOME_4663945" rel="nofollow">http://www.cbsnews.com/stories/2008/12/11/60minutes/main4663945.shtml?source=RSSattr=HOME_4663945</a></p>
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	<item>
		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248825</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Mon, 15 Dec 2008 03:54:02 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248825</guid>
		<description>Henry Blodget reporting on Madoff.  Scum on scum, as it were:

I Knew Bernie Madoff Was Cheating, That&#039;s Why I Invested with Him
Posted Dec 12, 2008 12:45pm EST by Henry Blodget 

From ClusterStock.com, Dec. 12, 2008:

&quot;Interesting tidbits coming in about Bernie Madoff (read indictment here).

Specifically, we&#039;re hearing that the smart money KNEW Bernie had to be cheating, because the returns he was generating were impossibly good.  Many Wall Streeters suspected the wrong rigged game, though: They thought it was insider trading, not a Ponzi scheme. And here&#039;s the best part: That&#039;s why they invested with him.

For years and years I&#039;ve heard people say that [Bernie&#039;s] investment performance was too good to be true. The returns were too steady -- like GE earnings under Welch -- and too high given the supposed strategy.

One Madoff investor, himself a legend, told me that Madoff&#039;s performance &quot;just doesn&#039;t make sense. The numbers can&#039;t be straight.&quot; Another sophisticated Madoff investor actually went through trade confirms in order to reverse-engineer the strategy and said, &quot;it doesn&#039;t add up.&quot;

So why did these smart and skeptical investors keep investing? They, like many Madoff investors, assumed Madoff was somehow illegally trading on information from his market-making business for their benefit. They didn&#039;t consider the possibility that he was clean on that score but running a good old-fashioned Ponzi scheme.

And another from Whitney Tilson:

One friend who saw this coming said Madoff had his own broker-dealer and a relative as his finance guy; another friend said he was suspicious because of the 1-2%/month returns with never a down month (much less quarter or year), combined with never showing a a down month (much less quarter or year), combined with never showing anyone his portfolio.  99% of the time, if it sounds too good to be true, IT IS!&quot;</description>
		<content:encoded><![CDATA[<p>Henry Blodget reporting on Madoff.  Scum on scum, as it were:</p>
<p>I Knew Bernie Madoff Was Cheating, That&#8217;s Why I Invested with Him<br />
Posted Dec 12, 2008 12:45pm EST by Henry Blodget </p>
<p>From ClusterStock.com, Dec. 12, 2008:</p>
<p>&#8220;Interesting tidbits coming in about Bernie Madoff (read indictment here).</p>
<p>Specifically, we&#8217;re hearing that the smart money KNEW Bernie had to be cheating, because the returns he was generating were impossibly good.  Many Wall Streeters suspected the wrong rigged game, though: They thought it was insider trading, not a Ponzi scheme. And here&#8217;s the best part: That&#8217;s why they invested with him.</p>
<p>For years and years I&#8217;ve heard people say that [Bernie's] investment performance was too good to be true. The returns were too steady &#8212; like GE earnings under Welch &#8212; and too high given the supposed strategy.</p>
<p>One Madoff investor, himself a legend, told me that Madoff&#8217;s performance &#8220;just doesn&#8217;t make sense. The numbers can&#8217;t be straight.&#8221; Another sophisticated Madoff investor actually went through trade confirms in order to reverse-engineer the strategy and said, &#8220;it doesn&#8217;t add up.&#8221;</p>
<p>So why did these smart and skeptical investors keep investing? They, like many Madoff investors, assumed Madoff was somehow illegally trading on information from his market-making business for their benefit. They didn&#8217;t consider the possibility that he was clean on that score but running a good old-fashioned Ponzi scheme.</p>
<p>And another from Whitney Tilson:</p>
<p>One friend who saw this coming said Madoff had his own broker-dealer and a relative as his finance guy; another friend said he was suspicious because of the 1-2%/month returns with never a down month (much less quarter or year), combined with never showing a a down month (much less quarter or year), combined with never showing anyone his portfolio.  99% of the time, if it sounds too good to be true, IT IS!&#8221;</p>
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	<item>
		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248824</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Mon, 15 Dec 2008 03:43:06 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248824</guid>
		<description>bi-

The only thing I want to know from you is when you go from DUG to DIG.</description>
		<content:encoded><![CDATA[<p>bi-</p>
<p>The only thing I want to know from you is when you go from DUG to DIG.</p>
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	<item>
		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248823</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Mon, 15 Dec 2008 03:41:35 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248823</guid>
		<description>bi (392)-

What can I say?  You&#039;re a genius.

BTW, can you point to any time in the past 24 months at which Morgan made a bad call?

Let&#039;s add Roubini to that challenge.  How about him?  When has he been wrong?</description>
		<content:encoded><![CDATA[<p>bi (392)-</p>
<p>What can I say?  You&#8217;re a genius.</p>
<p>BTW, can you point to any time in the past 24 months at which Morgan made a bad call?</p>
<p>Let&#8217;s add Roubini to that challenge.  How about him?  When has he been wrong?</p>
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	<item>
		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248822</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Mon, 15 Dec 2008 03:39:50 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248822</guid>
		<description>bi (391)-

Cramer also said nice things about NLY for the better part of three years.  He also liked Thornburg, a similar company that&#039;s now delisted.

Your estimate is entirely inaccurate, as you both assumed that I am margined and assumed that I&#039;m not playing with the house&#039;s money.</description>
		<content:encoded><![CDATA[<p>bi (391)-</p>
<p>Cramer also said nice things about NLY for the better part of three years.  He also liked Thornburg, a similar company that&#8217;s now delisted.</p>
<p>Your estimate is entirely inaccurate, as you both assumed that I am margined and assumed that I&#8217;m not playing with the house&#8217;s money.</p>
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	<item>
		<title>By: bi</title>
		<link>http://njrereport.com/index.php/2008/12/12/weekend-open-discussion-143/#comment-248821</link>
		<dc:creator>bi</dc:creator>
		<pubDate>Mon, 15 Dec 2008 03:37:36 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=3401#comment-248821</guid>
		<description>386#, MM - Massive Misconception or mike morgan</description>
		<content:encoded><![CDATA[<p>386#, MM &#8211; Massive Misconception or mike morgan</p>
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