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	<title>Comments on: $8 $10 Billion in the Hole</title>
	<atom:link href="http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/feed/" rel="self" type="application/rss+xml" />
	<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/</link>
	<description>Real Estate, Economics, and Politics</description>
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	<item>
		<title>By: 3b</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315561</link>
		<dc:creator>3b</dc:creator>
		<pubDate>Thu, 23 Jul 2009 13:17:51 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315561</guid>
		<description>#213 gman: You need to take another look at that prediction.</description>
		<content:encoded><![CDATA[<p>#213 gman: You need to take another look at that prediction.</p>
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	<item>
		<title>By: gman</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315530</link>
		<dc:creator>gman</dc:creator>
		<pubDate>Thu, 23 Jul 2009 12:34:23 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315530</guid>
		<description>#202

Yes, only 10% more max.  That is my prediction.</description>
		<content:encoded><![CDATA[<p>#202</p>
<p>Yes, only 10% more max.  That is my prediction.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Circling Vulture</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315446</link>
		<dc:creator>Circling Vulture</dc:creator>
		<pubDate>Thu, 23 Jul 2009 04:53:13 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315446</guid>
		<description>50% Off Sale

183 Parsonage Hill Rd - 420 Days on Market, Price Reduced $1,172,500 (49%)</description>
		<content:encoded><![CDATA[<p>50% Off Sale</p>
<p>183 Parsonage Hill Rd &#8211; 420 Days on Market, Price Reduced $1,172,500 (49%)</p>
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	</item>
	<item>
		<title>By: kareninca</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315443</link>
		<dc:creator>kareninca</dc:creator>
		<pubDate>Thu, 23 Jul 2009 04:29:55 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315443</guid>
		<description>#124 toshiro  -  wow, that&#039;s great!  thanks for the link!!!</description>
		<content:encoded><![CDATA[<p>#124 toshiro  &#8211;  wow, that&#8217;s great!  thanks for the link!!!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: sas</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315441</link>
		<dc:creator>sas</dc:creator>
		<pubDate>Thu, 23 Jul 2009 04:25:12 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315441</guid>
		<description>like Borat Omama says:

last.

SAS</description>
		<content:encoded><![CDATA[<p>like Borat Omama says:</p>
<p>last.</p>
<p>SAS</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Ben</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315440</link>
		<dc:creator>Ben</dc:creator>
		<pubDate>Thu, 23 Jul 2009 04:12:02 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315440</guid>
		<description>If Ben Bernanke was roasting your turkey on Thanksgiving, he&#039;d dry it out by keeping it the oven too long.  Newsflash Ben...you forgot about carryover...you can&#039;t stop inflation when you already jacked up the money supply.</description>
		<content:encoded><![CDATA[<p>If Ben Bernanke was roasting your turkey on Thanksgiving, he&#8217;d dry it out by keeping it the oven too long.  Newsflash Ben&#8230;you forgot about carryover&#8230;you can&#8217;t stop inflation when you already jacked up the money supply.</p>
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	</item>
	<item>
		<title>By: Pol Clot</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315437</link>
		<dc:creator>Pol Clot</dc:creator>
		<pubDate>Thu, 23 Jul 2009 02:56:17 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315437</guid>
		<description>Stu (153)-

Don Harrold tends to be right about a lot of things.</description>
		<content:encoded><![CDATA[<p>Stu (153)-</p>
<p>Don Harrold tends to be right about a lot of things.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Pol Clot</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315436</link>
		<dc:creator>Pol Clot</dc:creator>
		<pubDate>Thu, 23 Jul 2009 02:54:54 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315436</guid>
		<description>vodka (146)-

In other news, Generalissimo Francisco Franco is dead.</description>
		<content:encoded><![CDATA[<p>vodka (146)-</p>
<p>In other news, Generalissimo Francisco Franco is dead.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Pol Clot</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315435</link>
		<dc:creator>Pol Clot</dc:creator>
		<pubDate>Thu, 23 Jul 2009 02:49:26 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315435</guid>
		<description>tard (99)-

Forced to riot?  Banish the thought.  It should be a natural urge.

&quot;...don’t force me to riot.&quot;</description>
		<content:encoded><![CDATA[<p>tard (99)-</p>
<p>Forced to riot?  Banish the thought.  It should be a natural urge.</p>
<p>&#8220;&#8230;don’t force me to riot.&#8221;</p>
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	</item>
	<item>
		<title>By: 3b</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315434</link>
		<dc:creator>3b</dc:creator>
		<pubDate>Thu, 23 Jul 2009 02:31:29 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315434</guid>
		<description>Recsssion still on and seep, Nj unemployment at sated 9.2% Natl stated unemployment rate now predicted to be 11% early 2010,8 billion budget shortfall fo NJ next year.

Credit card charge offs rising, and commercial real estate imploding,and on and on. How can anyone be talking about housing possibly bottoming out? Not even close.30% decline or more  in our area is a done deal.</description>
		<content:encoded><![CDATA[<p>Recsssion still on and seep, Nj unemployment at sated 9.2% Natl stated unemployment rate now predicted to be 11% early 2010,8 billion budget shortfall fo NJ next year.</p>
<p>Credit card charge offs rising, and commercial real estate imploding,and on and on. How can anyone be talking about housing possibly bottoming out? Not even close.30% decline or more  in our area is a done deal.</p>
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	</item>
	<item>
		<title>By: grim</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315433</link>
		<dc:creator>grim</dc:creator>
		<pubDate>Thu, 23 Jul 2009 01:55:53 +0000</pubDate>
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		<description>Why won&#039;t the guy just man up and take ownership of the problem.

Mr. President, IT IS OUR PROBLEM AND IT IS YOUR PROBLEM.

As if &quot;inheriting&quot; the crisis makes it any less of a crisis.

Guess this will be cop out when the bailout fails, right?

Hey, don&#039;t blame us.  Ok, we didn&#039;t fix it, but we didn&#039;t cause it either!</description>
		<content:encoded><![CDATA[<p>Why won&#8217;t the guy just man up and take ownership of the problem.</p>
<p>Mr. President, IT IS OUR PROBLEM AND IT IS YOUR PROBLEM.</p>
<p>As if &#8220;inheriting&#8221; the crisis makes it any less of a crisis.</p>
<p>Guess this will be cop out when the bailout fails, right?</p>
<p>Hey, don&#8217;t blame us.  Ok, we didn&#8217;t fix it, but we didn&#8217;t cause it either!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: kettle1</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315432</link>
		<dc:creator>kettle1</dc:creator>
		<pubDate>Thu, 23 Jul 2009 01:50:04 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315432</guid>
		<description>Nom,

check your e-mail</description>
		<content:encoded><![CDATA[<p>Nom,</p>
<p>check your e-mail</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: kettle1</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315431</link>
		<dc:creator>kettle1</dc:creator>
		<pubDate>Thu, 23 Jul 2009 01:45:03 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315431</guid>
		<description>gman

only 10%??? CRE hasnt even hit yet and with us having a consumer economy what happens when all of these businesses start to go under?  more people lose jobs,  leading to more foreclosure leading to less consumer spending leading to more businesses going under.  its a self re-enforcing cycle</description>
		<content:encoded><![CDATA[<p>gman</p>
<p>only 10%??? CRE hasnt even hit yet and with us having a consumer economy what happens when all of these businesses start to go under?  more people lose jobs,  leading to more foreclosure leading to less consumer spending leading to more businesses going under.  its a self re-enforcing cycle</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: House Whine</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315430</link>
		<dc:creator>House Whine</dc:creator>
		<pubDate>Thu, 23 Jul 2009 01:28:09 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315430</guid>
		<description>Couldn&#039;t find a decent cup of coffee the whole time I was in Indiana.  I don&#039;t think I would ever want to be &quot;back home in Indiana&quot;.</description>
		<content:encoded><![CDATA[<p>Couldn&#8217;t find a decent cup of coffee the whole time I was in Indiana.  I don&#8217;t think I would ever want to be &#8220;back home in Indiana&#8221;.</p>
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	</item>
	<item>
		<title>By: 3b</title>
		<link>http://njrereport.com/index.php/2009/07/22/8-billion-in-the-hole/#comment-315429</link>
		<dc:creator>3b</dc:creator>
		<pubDate>Thu, 23 Jul 2009 01:26:17 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/?p=4498#comment-315429</guid>
		<description>#179 freddy:homes, all on an uptick.
Not in our area.</description>
		<content:encoded><![CDATA[<p>#179 freddy:homes, all on an uptick.<br />
Not in our area.</p>
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