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Broke is the new black

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Good morning, Jim Cramer. Welcome back. A little Friday morning levity is in order, and so we bring you this, which our commenter Smokey ripped off from poster HARM at patrick.net. We think it’s good enough for its own post:

Topic: ‘Need Pithy Slogans’

[front]: I made a million in real estate!
[back]: Problem is,
I started out with TWO million.

I wanted a T-shirt, but all I could afford was a lousy house.

I lost a million in real estate!
Ask me how!

Wanted: Buyer “with a bucket of money and a box of stupid”!

Broke is the new black (our favorite)

This housing bust is different.

Sell now or be priced in forever.

They aren’t making any more buyers.

We are heading toward a permanently low plateau.

“It’s only when the tide goes out that you can see who’s been swimming naked.”
–Warren Buffett

“When the shoe-shine guy gives you stock tips, it’s time to get out.”
–Joseph Kennedy

“If you owe the bank $100, that’s your problem.
If you owe the bank $100 million, that’s the bank’s problem.”
–J. Paul Getty

“History has not dealt kindly with the aftermath of protracted periods of low-risk premiums.”
–Alan Greenspan

“Asset bubbles tend to last longer and grow larger than any rational person at the time would have thought possible.”
–HARM

Bubblefucius say:
Man who carry risky loan sure
to suffer broken ARM.

Bubblefucius say:
Condo flipping like swift kick in the scrotum.
Both painful and you left holding the bag.

Bubblefucius say:
Low-ball offer today look much better tomorrow,
when you are on knees.

Bubblefucius say:
Housing comps like instant coffee;
both good until the last drop.

Thanks, Smokey, HARM and Patrick.
Send us your pithy slogans, and while you’re at it, any safe-for-work jokes you’ve heard about the housing bubble.

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