{"id":6154,"date":"2008-12-17T16:53:36","date_gmt":"2008-12-17T23:53:36","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=6154"},"modified":"2008-12-17T16:53:36","modified_gmt":"2008-12-17T23:53:36","slug":"ben-bernanke-is-now-one-of-us-booyah","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6154\/ben-bernanke-is-now-one-of-us-booyah\/","title":{"rendered":"“Ben Bernanke Is Now One Of Us” Booyah !"},"content":{"rendered":"

“I demand that you refinance your home in three months and buy a bank stock<\/strong>“- Jim Cramer<\/p>\n

Cheerleader Jim Cramer is now certifiably confident that housing will bottom in 2009 and the economy is saved because of the Fed’s recent action<\/a>.<\/p>\n

Cramer was, of course, ecstatic. This is exactly what he\u2019s been calling for since his infamous \u201cThey know nothing!\u201d rant on Aug. 3, 2007. The Fed\u2019s move was so bold that he\u2019s confident that his housing-bottom prediction for the third quarter of next year is virtually guaranteed. And the willingness with which the Bernanke seems ready to throw money at the problem \u2013 any amount of money necessary \u2013 has opened the door for the lending and borrowing that is so essential to a properly-functioning market and economy. Banks will open their coffers. Mortgage money will be available<\/em><\/p><\/blockquote>\n

Cramer finishes his monologue with the statement, “It’s raining Benjamins from the sky<\/strong>“.\u00a0 That’s not inflationary, is it?<\/p>\n

Check it out<\/a>.<\/p>\n

PS:\u00a0 I”ve taken over 20 appplications, in the past three days, for refinance transactions; maybe 6-8 can fund.\u00a0 If the FHFA and Bernanke abolish appraisals for rate\/term refinance transactions<\/a>, which seems like the next step, Bernanke will truly be “one of us”.<\/p>\n

I”m not saying nuttin’ other than “operators are standing by<\/a>“<\/p>\n","protected":false},"excerpt":{"rendered":"

“I demand that you refinance your home in three months and buy a bank stock“- Jim Cramer Cheerleader Jim Cramer is now certifiably confident that housing will bottom in 2009 and the economy is saved because of the Fed’s recent action. Cramer was, of course, ecstatic. This is exactly what he\u2019s been calling for since […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-6154","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":982,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/982\/peeking-into-bernankes-crystal-ball\/","url_meta":{"origin":6154,"position":0},"title":"Peeking into Bernanke’s Crystal Ball","author":"Brian Brady","date":"February 2, 2007","format":false,"excerpt":"Do you want to look into the crystal ball through the eyes of Federal Reserve Chairman, Ben Bernanke? Will that help you predict mortgage rates and housing prices for 2007? I try to outguess the Fed all the time and I've decided that we'll see a significant decline in short-term\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2012,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2012\/show-me-the-numbers\/","url_meta":{"origin":6154,"position":1},"title":"Show Me the Numbers!","author":"Morgan Brown","date":"October 7, 2007","format":false,"excerpt":"There is no question that I am one of the more dour of the Bloodhound gang; if we were the \"seven dwarfs\" I'm laying decent odds that I get tagged with the \"Grumpy\" moniker.\u00a0 And while I may, on occasion, revel in astonishment at the self-inflicted pain that the industry\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2003,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2003\/youll-lose-money-if-you-buy-a-house-which-house\/","url_meta":{"origin":6154,"position":2},"title":"You’ll lose money if you buy a house? Which house?","author":"Greg Swann","date":"October 5, 2007","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link): \u00a0You'll lose money if you buy a house? Which house? Jim Cramer, a clownish buffoon who screams for a living on cable TV, went on the Today show last week and said, \"Don't you dare buy a\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1928,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1928\/nobody-behind-the-curtain-cookies-and-milk-judo-and-not-repeating-history\/","url_meta":{"origin":6154,"position":3},"title":"Nobody Behind the Curtain — Cookies and Milk — Judo — And NOT Repeating History","author":"Jeff Brown","date":"September 17, 2007","format":false,"excerpt":"What went on with the speculation about the Fed Funds Rate all last week, and will surely intensify today and tomorrow, has been almost, but not quite analogous to the scene in The Wizard of Oz, when we discovered there was a man behind the curtain. The characters were told\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9293,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/9293\/whats-an-exit-strategy-and-why-does-it-matter-to-the-housing-market\/","url_meta":{"origin":6154,"position":4},"title":"What’s an “Exit Strategy” and why does it matter to the housing market?","author":"Tom Vanderwell","date":"July 24, 2009","format":false,"excerpt":"I originally wrote this and posted it on my new site, Straight Talk About Mortgages - The Bigger Picture, but I've been urged to post it here as well.\u00a0\u00a0\u00a0 So, I'm doing that.\u00a0\u00a0 Why have I set up another site?\u00a0\u00a0 It's pretty simple..... The financial and real estate world that\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1787,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1787\/its-a-lenders-market\/","url_meta":{"origin":6154,"position":5},"title":"It’s A Lenders’ Market","author":"Brian Brady","date":"August 12, 2007","format":false,"excerpt":"I pulled a Cramer today. The pressure has been mounting for some time, now. Roberta Lee, a real estate broker in Norco, CA left a comment on an article I wrote on Active Rain: My son is in the mortgage industry. He took the time..... :) to enlighten me.....\"Mom this\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/6154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=6154"}],"version-history":[{"count":3,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/6154\/revisions"}],"predecessor-version":[{"id":6157,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/6154\/revisions\/6157"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=6154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=6154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=6154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}