In Georgia, housing woes a long-term drag on economy
As we claw our way out of this recession, it’s easy to forget where it all started: housing. And while other parts of the economy have begun to recover and show signs of health, the housing situation is actually getting worse by some key standards. The Atlanta Federal Reserve has some interesting data and — oh goody! — charts to explain where we are at the moment.
For example, the number of American households who owe more on their mortgage than the house is worth — known as negative equity — continues to grow in many markets, including Georgia. In fact, in the fourth quarter of 2010, Georgia had the sixth highest rate of negative equity in the nation. Three out of 10 Georgia homeowners owed more in loans on their property than their property was worth, which is a remarkable number.
In the metro Atlanta area, the ratio is even higher. More than one out of three homeowners in this market are “underwater” on their mortgage, making them prime candidates for eventual default or foreclosure. Those who do not default will experience long-term “houselock,” meaning they’re stuck in those homes because they’re unable to sell them for enough to pay off the mortgage. Every monthly mortgage payment they make is another payment in a bad investment, but they make them anyway because that investment is also a home.
That is not a problem that is going away soon, with “soon” defined as anytime in the next five or maybe 10 years. It will continue to be a drag on housing prices and on consumer spending. New-home construction — once the driving force in the metro Atlanta economy — will continue to be more of a boutique business than a thriving industry.
That’s what happens when a bubble pops. That’s what happens when the music stops. Sooner or later, things that are too good to be true always stop being true.
– Jay Bookman
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895 comments Add your comment
WOW
March 23rd, 2011
1:14 pm
“Maybe YOU should try reading sometime.”
Prediction: Debbie will write “YO MAMA!”
AmVet
March 23rd, 2011
1:14 pm
Thulsa, in ANY disaster, economic, environmental or otherwise, the poor ALWAYS go to the back of the bus. And take the biggest hits. Did you sleep through Katrina?
Do you think Heckuva Job Brownie and his absurd boss would have reacted the same way had that deadly disaster hit either Hollywood?
Wake up!
You dupable cons just got badly burned this time as well.
Vast unemployment. Even more massive underemployment.
The gap between the haves and have nots is the biggest in American history. Greater than during even the Great Depression. (And Newsflash – you and your buddies ain’t in the haves!)
Record numbers of middle class bankruptcies – the largest percentage due to uncovered medical expenses.
Middle class income, adjusted for inflation, that doesn’t even match that of the 1970s and 80s. Though personal productivity has doubled.
The first generation of Americans who has said they do not have things better than their parent’s generation.
From 1995 – 2005, CEO income went up 240%. The average middle class American worker’s? 4%
An overwhelming percentage of Americans say that corporations/big business have too much control over our government and our lives.
20% own 84% of all the wealth int his country. Given the lack of manhood in Washington DC, Atlanta and everywhere else, I have no reason to believe that sooner or later, probably sooner, it will be 10% with 94% of the chips.
But you’ve worked relentlessly for 30 years for this outcome, so enjoy…
WOW
March 23rd, 2011
1:14 pm
“From your claims, not mine.’
So sorry if you can’t read.
ConnedConsCon
March 23rd, 2011
1:14 pm
You’re not a carpenter are you?
You’ve never installed trim, have you.
WOW
March 23rd, 2011
1:15 pm
“Did you sleep through Katrina?’
No, but their Governor did. The NO mayor did as well.
WOW
March 23rd, 2011
1:15 pm
“You’ve never installed trim, have you.”
Since when did I mention trim?
ConnedConsCon
March 23rd, 2011
1:15 pm
So sorry if you can’t read.
Your sorriness has nothing to do with my ability to read.
JB
March 23rd, 2011
1:15 pm
Can’t wait till he’s out and the books come out.
WOW
March 23rd, 2011
1:15 pm
“Do you think Heckuva Job Brownie and his absurd boss would have reacted the same way had that deadly disaster hit either Hollywood?”
Nope, they’d have let them all fall into the ocean.
WOW
March 23rd, 2011
1:16 pm
“Your sorriness has nothing to do with my ability to read.”
Comeback fail.
ConnedConsCon
March 23rd, 2011
1:16 pm
Since when did I mention trim?
Kamchak said he did trim work and you snorted out a line about him needing illegals to unload 2×4s.
HDB
March 23rd, 2011
1:16 pm
RB from Gwinnett
March 23rd, 2011
1:06 pm
“Southern C,
You forgot the part about not including the under $250K which was the libs attempt at more class warfare…..”
Actually, the 250K threshold was devised by Ronald Reagan when pushed the marginal tax rate down to 50%……..that was the initial thrust into the class warfare paradigm by the GOP!!
Kamchak
March 23rd, 2011
1:17 pm
You’ve never installed trim, have you.
Painfully obvious from his post about my fictional load of 2×4’s.
WOW
March 23rd, 2011
1:17 pm
“in ANY disaster, economic, environmental or otherwise, the poor ALWAYS go to the back of the bus.”
That’s what happens when you rely on government assistance.
ConnedConsCon
March 23rd, 2011
1:17 pm
Comeback fail
I concur.
jm
March 23rd, 2011
1:17 pm
WOW’s on a roll today.
WOW
March 23rd, 2011
1:17 pm
“Kamchak said he did trim work and you snorted out a line about him needing illegals to unload 2×4s.’
Kammy also mentioned that he was a carpenter. Carpenters do more than just trim work.
Nice Guy
March 23rd, 2011
1:18 pm
AmVet – “Did you sleep through Katrina?”
Poor example AmVet. The government bent over backwards to make sure those that were displaced by the floods did not go homeless or hungry. Sure, there were exceptions. Always are.
WOW
March 23rd, 2011
1:18 pm
“I concur.’
So you concur that your insult failed.
WOW
March 23rd, 2011
1:18 pm
“Painfully obvious from his post about my fictional load of 2×4’s.
There’s your sign.
tick…tick…tick….
Nice Guy
March 23rd, 2011
1:19 pm
“WOW’s on a roll today.”
He his old name, ‘Mike’?
ConnedConsCon
March 23rd, 2011
1:19 pm
Kammy also mentioned that he was a carpenter. Carpenters do more than just trim work.
I do believe that Kamchak has given you his response to your claim.
WOW
March 23rd, 2011
1:19 pm
“Actually, the 250K threshold was devised by Ronald Reagan’
Ah yes, all of lifes problems can be traced back to Bush and Reagan.
1811/1801 - 0311/0317
March 23rd, 2011
1:19 pm
Headline: “13 Illegal Immigrants Arrested in California Wearing U.S. Marine Uniforms”
Their punishment should be three years of non-stop USMC bootcamp. As soon as the class you are with graduates, you start again with a new class.
…………. oh, and then you are deported.
WOW
March 23rd, 2011
1:19 pm
“He his old name, ‘Mike’?”
Huh?
WOW
March 23rd, 2011
1:20 pm
“I do believe that Kamchak has given you his response to your claim.’
Which claim?
WOW
March 23rd, 2011
1:20 pm
“Their punishment should be three years of non-stop USMC bootcamp”
But first they should be sent off to war.
Thulsa Doom
March 23rd, 2011
1:20 pm
@@,
Actually you are right. I have noticed that many of the trailer parks nowadays are predominantly Mexican. I know a man who owns a trailer park. Every one of his tenants is Mexican.
Funny thing also is that my younger brother is a rancher out in rural Alabama. Its the strangest thing but on the way out to his ranch you see a lot of trailers on lots on the side of the road. Just about everyone of them is owned by blacks. Weirdest thing but my brother told me that most of the trailers in his county are black owned. Talk about busting down stereotypes.
JB
March 23rd, 2011
1:21 pm
Compare New Orleans/Katrina to the massive floods in the mid west a few years ago. I don’t think the networks even covered it. Might of mentioned it during the weather. Self reliance would be the difference.
ConnedConsCon
March 23rd, 2011
1:21 pm
So you concur that your insult failed.
Insult. What insult. I thought you expressed an interest in washing my feet otherwise I would not have pursued it any farther.
WOW
March 23rd, 2011
1:22 pm
“Insult. What insult. I thought you expressed an interest in washing my feet otherwise I would not have pursued it any farther.’
Conned is a very confused individual.
HDB
March 23rd, 2011
1:22 pm
Thulsa Doom
March 23rd, 2011
1:11 pm
“At least our trailer park conservatives- poor as they are- don’t form dangerous gangs that carjack, sell drugs openly on the street corner in front of their house- how stupid is that?,”
Are you sure?? What about the meth issues in rural America? That’a a comparable situation….and the preponderance of meth users fit your “trailer park” analogy……..
1811/1801 - 0311/0317
March 23rd, 2011
1:22 pm
http://www.youtube.com/watch?v=XiGiozxaiS0
WOW
March 23rd, 2011
1:22 pm
AmVet
Where’s that doozy you were spoutin off about?
Nice Guy
March 23rd, 2011
1:22 pm
JB – “I don’t think the networks even covered it.”
Ditto for the Nashville floods.
WOW
March 23rd, 2011
1:23 pm
“What about the meth issues in rural America? ”
What about the V’s?
ConnedConsCon
March 23rd, 2011
1:23 pm
Which claim?
I do understand your inability to keep track with your own posts but that does not obligate me to do it for you. You should hire some help.
jm
March 23rd, 2011
1:23 pm
Jay, I have a new mental analogy for your blog. Its like a bunch of kids on a playground with squirt guns, going at each other. Me included of course. Although I do have a super-soaker.
WOW
March 23rd, 2011
1:24 pm
French PM: We are not at war.
Seems to be a lot of confused people out there.
ConnedConsCon
March 23rd, 2011
1:24 pm
V’s know math. One meal, two meals, three meals, etc., with each passing human.
DebbieDoRight
March 23rd, 2011
1:24 pm
Doom: At least our trailer park conservatives- poor as they are- don’t form dangerous gangs that carjack, sell drugs openly on the street corner in front of their house- how stupid is that?, do home invasions, smash and grabs at local malls, and brazenly murder each other with AK-47s in drug turf gang wars.
that’s because they’re all high on meth. Got hyperbole?
WOW
March 23rd, 2011
1:24 pm
jm
It’s all good!
Nice Guy
March 23rd, 2011
1:24 pm
“JB – “I don’t think the networks even covered it.””
Re: Nashville.
It’s hard to blame them I guess. I mean people who are apologist for the poor will eat up a story about thousands of worthless people from NOLA getting stranded, versus some well-to-do country stars getting their mansions flooded.
WOW
March 23rd, 2011
1:24 pm
“V’s know math. One meal, two meals, three meals, etc., with each passing human.’
That last episode was epic!
jm
March 23rd, 2011
1:25 pm
Has everyone debated the existentialism of little green men yet today?
If not, we should certainly get that off the docket….
ConnedConsCon
March 23rd, 2011
1:25 pm
Jay, I have a new mental analogy for your blog. Its like a bunch of kids on a playground with squirt guns, going at each other. Me included of course. Although I do have a super-soaker.
I have a hose attached to a fire hydrant and I know as well as WOW how to ready, fire, aim.
jm
March 23rd, 2011
1:26 pm
Green Man Moon Shot: Let’s put little green men on the rocket docket.
Nice Guy
March 23rd, 2011
1:26 pm
Good to see DDR still hanging around.
Meltdown much?
WOW
March 23rd, 2011
1:27 pm
“I have a hose attached to a fire hydrant’
It’s illegal to mess with a fire hydrant unless you’re a firefighter or someone who works for the city.
Kamchak
March 23rd, 2011
1:27 pm
jm
March 23rd, 2011
1:23 pm
Jay, I have a new mental analogy for your blog. Its like a bunch of kids on a playground with squirt guns, going at each other. Me included of course. Although I do have a super-soaker.
There are meds for incontinence.
Just sayin’.
jm
March 23rd, 2011
1:27 pm
ConnedConsCon- well we saw how ineffectual the fire hoses were on a nuclear power plant in Japan.
Not sure I’d call that as “big a stick” as it would have been a few weeks ago.
@@
March 23rd, 2011
1:28 pm
Ragnar:
Perhaps!
“I am out to kill the destroyer (social engineer) who is draining the brains of the world.” Just the little train that could.
=========================================
A long but interesting article.
Who caused the collapse in housing?
Baby boomers.
Environmentalists.
Regulators.
Younger generation.
AmVet
March 23rd, 2011
1:28 pm
Nice Guy, and there were lot of mistakes made by the local jurisdictions as well. But that does not countermand my point. It is a basic fact of human nature. Often times, the strong will not help the weak if it costs them, what they think is too much.
And in the era of hyper-greed and hyper-corruption, economic justice is an outdated concept.
Don’t pee your panties, squirming one…
(Or I’ll auction off your IP address!)
Have another drink.
WOW
March 23rd, 2011
1:29 pm
“And in the era of hyper-greed and hyper-corruption, economic justice is an outdated concept.”
Speaking of corruption, whatever happened to that LA senator that got caught taking 90,000 dollars out of his fridge?
WOW
March 23rd, 2011
1:30 pm
“Don’t pee your panties, squirming one…”
tick….tick….tick……
DebbieDoRight
March 23rd, 2011
1:30 pm
Dave R: Debbie, I DEBUNKED the falsehoods on your lying link. Maybe YOU should try reading sometime.
No you didn’t — you just used the same tired, over used, rhetoric and distortions that’s been used time and time again. Honestly DaveR, I thought you’d at least try something new.
WOW
March 23rd, 2011
1:30 pm
“Who caused the collapse in housing?”
Democrat voters.
WOW
March 23rd, 2011
1:31 pm
“you just used the same tired, over used, rhetoric and distortions’
Funny, that’s exactly what you and others have been using.
ConnedConsCon
March 23rd, 2011
1:31 pm
Little green men! Did that Georgia food processor whip up a fresh batch of peanut butter.
WOW
March 23rd, 2011
1:32 pm
“Did that Georgia food processor whip up a fresh batch of peanut butter.’
Speaking of peanuts, where’s Jimmah Cartah these days?
Nice Guy
March 23rd, 2011
1:32 pm
AmVet – “Often times, the strong will not help the weak if it costs them, what they think is too much.”
I agree with that. But you really just talking ECON 101.
ConnedConsCon
March 23rd, 2011
1:32 pm
“Who caused the collapse in housing?”
A failure of a critical number of structural members will usually do the trick.
Thulsa Doom
March 23rd, 2011
1:32 pm
AmVet
March 23rd, 2011
1:14 pm
“Thulsa, in ANY disaster, economic, environmental or otherwise, the poor ALWAYS go to the back of the bus. And take the biggest hits. Did you sleep through Katrina?”
AmVet,
Now that you’ve gotten really ludicrous I have no choice but to blog bash your dumbazz into submission.
Point 1- As WOW pointed out the people who go to the back of the bus are always the ones who are dependent on the big gubment to begin with. This is what happens when you are nothing more than a willing ward of the state
Point 2- The Dem leadership of New Orleans and the state gov knew full well Katrina was coming. That had a week to prepare and take those thousands of busses and get the poorest of the poor a few hours drive outta there. They failed abysmally.
Point 3- My heart went out to the people there in the wake of that disaster. But 6 years later you still have these people living in FEMA trailers on the federal dime. 6 damn years. Are you freaking insane? You can’t find a job in 6 years? Pack you ass up like the freaking okies and others did in the middle of the dust bowl and a depression and freaking move. MOVE. Do some damn research, get the hell outta there and go somewhere, anywhere where the job prospects are better. The okies did it in the 30s with model t cars. New Orleans people can’t get a $40 bus ticket and make a fresh start elsewhere with all the myriad assistance they got? I have no pity for those that refuse to help theselves after 6 damn years.
Sir. Your idiocy preceds you.
WOW
March 23rd, 2011
1:33 pm
“But you really just talking ECON 101.”
Nice Guy, Vet didn’t take ECON 101.
ConnedConsCon
March 23rd, 2011
1:33 pm
Speaking of peanuts, where’s Jimmah Cartah these days?
I thought he was more into taters and onions and Billy Beer.
Thulsa Doom
March 23rd, 2011
1:34 pm
precedes- I hate typos
WOW
March 23rd, 2011
1:34 pm
“I thought he was more into taters and onions and Billy Beer.”
Mmmmmmmmm, Billy Beer!!!!!! Brings back memories of Billy running from third and passing out at home plate.
WOW
March 23rd, 2011
1:35 pm
“I hate typos’
Don’t worry. Vet makes at least 30 typos per rant.
ConnedConsCon
March 23rd, 2011
1:36 pm
Not sure I’d call that as “big a stick” as it would have been a few weeks ago.
I’m not one to claim the ability to conjure up tsunamis at will so I’ll stick with fire hose. That leaves you with rock, paper… oops, wrong game.
Thulsa Doom
March 23rd, 2011
1:37 pm
AmVet
March 23rd, 2011
1:28 pm
“Have another drink.”- AmVet
AmVet,
I’m going to have several drinks. Why? Because the only time you make sense to anyone is when they’re drunk.
ConnedConsCon
March 23rd, 2011
1:41 pm
I think jm claimed to have a layover here in blog purgatory, aka, blogatory, while job searching but what is WOW’s story. Is there a fee (anything else would be too taxing to consideer) associated with each hit of the ENTER key. If so, what does it pay. I can dump pretty well as long as my content does not have to meet any criteria either.
Thulsa Doom
March 23rd, 2011
1:41 pm
1811/1801 – 0311/0317
March 23rd, 2011
1:13 pm
Thulsa Doom :
I hope you stay with us permanently. You are really making them squirm.
1811,
I’m not going anywhere. I have wayyyy too much fun with mental midgets like AmVet.
ConnedConsCon
March 23rd, 2011
1:43 pm
Why is Jay’s chart upside down. It has the state with the highest score at the bottom.
@@
March 23rd, 2011
1:43 pm
Do you think Heckuva Job Brownie and his absurd boss would have reacted the same way had that deadly disaster hit either Hollywood?
I would have insisted on it. Those Hollywooders are w-a-a-a-y out in LaLaLand. Not much use to anyone but themselves. Sean Penn and his holey boat comes to mind, although, I do give him credit for sticking it out in Haiti. He finally came to the realization of just how valuable our military is too. Works better than anything else government has to offer.
ConnedConsCon
March 23rd, 2011
1:44 pm
mental midgets
Mmmmm! M&M’s are yummy.
ConnedConsCon
March 23rd, 2011
1:45 pm
@@,
I have found that holey boats hold water quite well.
Mick
March 23rd, 2011
1:46 pm
doom
Don’t get too full of yourself, as I’ve said repeatedly, “we are all part of the same hypocrisy”.
Bosch
March 23rd, 2011
1:46 pm
Doom,
The people you describe at 1:11, do you honestly think they stop their crime sprees to go vote? Really? Don’t you think it’s a little non-sensical to try and categorize those kinds of people as liberal or conservative????
Dave,
Trying to read through the posts here, I saw your response and will get back to it, I just had to respond to that.
DebbieDoRight
March 23rd, 2011
1:47 pm
Katrina was not the main cause of the mess in NO — the levies breaking were. In effect the local population did ride out the storm and it wasn’t the storm (with their advance warning of) that did them in; but the levies that broke (no advance knowledge and/or warning of) that did.
Dave R.
March 23rd, 2011
1:48 pm
“No you didn’t — you just used the same tired, over used, rhetoric and distortions that’s been used time and time again. Honestly DaveR, I thought you’d at least try something new.”
I see, when a lib site like factcheck.org doesn’t bother to present the facts of a situation, they’re automatically right, but when someone provides the data they missed in their phony analysis, it is “rhetoric”.
I get it now.
You really don’t have any critical thinking skills, do you?
Thulsa Doom
March 23rd, 2011
1:49 pm
Mick,
Pride and haughtiness come before the fall and destruction. I do try to remember that as we all should.
Dave R.
March 23rd, 2011
1:50 pm
Bosch, take your time. I really have to concentrate on a job right now, so I’ll take this up later this evening.
DebbieDoRight
March 23rd, 2011
1:52 pm
You really don’t have any critical thinking skills, do you?
Critical enough to know that you’re too dumb to click on a link and read something for yourself. How’s that?
Bosch
March 23rd, 2011
1:52 pm
Dave,
To be honest, the only thing I’ve read about the Fair Tax is here because it’s never made any kind of common sense to me. I’ve never heard anyone mention the “pre-bates” you describe, so I’ll look into that.
Believe it or not, I’m actually trying to get some stuff done too!
Kamchak
March 23rd, 2011
1:52 pm
Pride and haughtiness come before the fall and destruction. I do try to remember that as we all should.
I think Jay knew you were going to post that.
blue_unicorn
March 23rd, 2011
1:53 pm
DDR @ 1:47. Wrong. It was well known that some sections of levee in NO had poor foundations, and were subject to failure if stressed. People stayed because it was the end of the month, and they were waiting for their gummint checks.
AmVet
March 23rd, 2011
1:53 pm
Looks like Thelma couldn’t address one single point about him and his have-not buddies, taking it on the chin, nor keep his angry poutrage about that in check. So he’s hitting the bottle a tad earlier today than usual.
Dry those tears, lil fella…
http://www.youtube.com/watch?v=9eigKNYoP4M
Southern Comfort (aka The Man)
March 23rd, 2011
1:54 pm
You forgot the part about not including the under $250K which was the libs attempt at more class warfare. And magically, all you libs supported that tax increase because it doesn’t affect you. Why should you care if the evil rich people have to put more money in the pot for you to siphon off as you see fit with more social programs. No skin off your backs, right?
RB
You’ve obviously confused me with someone who really gave a sh*t. I didn’t think the tax rates needed to be cut in 2003, and I didn’t think they needed to be extended in 2010. I don’t give a flying rat’s ass if the “evil rich” all choke on rare white truffles.
What I would like to see is an end to this bullsh*t policy of cutting tax rates and hoping sh*t doesn’t blow up (which it always does). My credit cards are paid off, and if you wanna borrow mine, you’ve gotta put down a $5000 cash deposit before you can even breathe on one.
Thulsa Doom
March 23rd, 2011
1:55 pm
Bosch,
That was funny but not all poor people are necessarily criminals. Some are just down on their luck. Some just don’t have any guidance or leadership as to what to do with themselves. Some aren’t criminals but are just happy being wards of the state.
I know a paramedic who worked at Grady hospital doing ER runs. This guy had more stories than Carter has peanuts. Stories that will mess with your head. When I ask him what’s wrong with these people and why they don’t do anything to get away from their environment he said this to me-”You and I can’t understand it. But for them its a lifestyle, its a way of life”.
Thulsa Doom
March 23rd, 2011
1:57 pm
Aaaaaaah. Kammy the immigrant basher speaks. Nice to hear from ya kamchump.
Kamchak
March 23rd, 2011
1:59 pm
It’s beginning to smell like a drained swamp in here.
Bosch
March 23rd, 2011
2:00 pm
“Stories that will mess with your head. When I ask him what’s wrong with these people and why they don’t do anything to get away from their environment he said this to me-”You and I can’t understand it. But for them its a lifestyle, its a way of life”.”
Doom,
I have a sister that works in the ICU and she tells me stories that honestly I can’t wrap my head around. Of course it’s a way of life to them, but honestly, do you think they care one way or another if a Democrat or Republican is in the White House? Or any other elected official? Do you honestly think they constitute a large voting block?
Finn McCool
March 23rd, 2011
2:00 pm
Must lure the old people to our fair state!
“Free Air Conditioning …. For Life!”
“Georgia, a walker friendly state!”
Georgia, where you can’t swing a ded cat without hitting a health care facility”
@@
March 23rd, 2011
2:00 pm
Oh lawdy!!!!!
”You and I can’t understand it. But for them its a lifestyle, its a way of life”.
I heard that same thing coming from the lady who oversaw the ChildTech (teenage mothers) program at my church. She was black so I guess she knew what she was talking about. All but one…maybe two of the teen mothers was black.
WOW
March 23rd, 2011
2:01 pm
“Looks like Thelma couldn’t address one single point about him and his have-not buddies, taking it on the chin, nor keep his angry poutrage about that in check. So he’s hitting the bottle a tad earlier today than usual.’
HAHAHAHA!!!!!!!!!!!!!!
WOW
March 23rd, 2011
2:02 pm
“Katrina was not the main cause of the mess in NO — the levies breaking were.’
Who built those levees, Debbie?
jm
March 23rd, 2011
2:02 pm
SoCO 1:54 – that was a very funny rant.
Ragnar Danneskjöld
March 23rd, 2011
2:02 pm
Dear @@ @ 1:28, interesting article, thanks. If they are right – and everything is internally consistent – (1) housing prices would not likely rise meaningfully even with a roaring economy, and (2) the collapse in housing prices would have occurred even if the economy had not been collapsing. (Indeed, they suggest that the price fall began in the 4-5 over-heated markets even before the economy began to slump, that the two are only slightly-related.) I still think the wider collapse in RE was immediately due to the failing economy, but that may be only a timing factor rather than truly/fundamentally causative.
Thulsa Doom
March 23rd, 2011
2:03 pm
AmVet,
Oh I think I addressed your points very well. You simply have no logical retort as usual.
You’re right though. I still need a few more drinks before you make any sense. Gotta dumb myself down about 80 IQ points to make it fair.
I gotta do that because mentally and intellectually I’m flying an F-22 Raptor. You on the other hand are flying a single engine piper. You’re no match for me little feller. Now get outta my space before I blow you outta the blog sky yet again.
WOW
March 23rd, 2011
2:03 pm
“I’m going to have several drinks. Why? Because the only time you make sense to anyone is when they’re drunk.’
LOLOLOL!!!!!!!!!!!!!! True dat!