<p>Apple’s down about 40% since the first of the year. Microsoft’s down about 20%. Strangely, IBM (remember them?) is up 15%. Stocks go up. Stocks go down. Life goes on.</p>
<p>As do home prices, yet fewer people go into total handwringing mode when the stocks drop 5% or even 10%. That’s why I think all this talk of the housing crisis are way overblown. Yes, a bunch of speculators and some regular folks got caught up in buying more house then they needed or could afford. That’s unfortunate but not a crisis. They can move and rent a place and still have a roof over their heads.</p>
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<p>Amen. For those of us parasites selling technical products to law firms and corporate legal counsel, stockholders’ lawsuits are like mother’s milk.</p>
<h1>17. And rightfully so. Likewise there should be thousands if not millions of houseowners and homeowners who are sueing their RE “brokers” and Mortgage “brokers” and the appraiser, and the lender, and the bank, and the servicer, and the title companies, and the rating agencies, and the regulatory agencies, and the secondary marketers, and Congress, and the President.</h1>
<p>Have we left anyone out? </p>
<p>All I can say is that as far as google is concerned, couldhav, shouldhav, oughthav, at IPO. Who am I to sue if I missed the upside?</p>