Forum Replies Created
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Mike Jansen
Participant8)
:barfGood thing that Rocky Mountain Kartworks equipped GP6/Motori7 was sitting on sidelines Sunday. Y’all’d have been fighting for the scraps.
8)
I’m beginning to question whether it was sabatoge because people didn’t want to suck 16:1 bean oil all day long…
Mike Jansen
Participant:taz
August 7, 2007 at 12:31 am in reply to: Sub Prime lending and trying to make out what’s Real… #58883Mike Jansen
ParticipantTom,
Right now there are investors/lenders sitting with bundled loans ranging from 10 million to 1 billion and they can’t sell them for the price they thought they could sell them for. Pricing models based on 85 basis points wasn’t that good when they should have taken it, they still thought they’d get the 105 basis points. Wall Street is sitting there wanting to know “how low will they go” since loans they bought at 80 “bips” is now worth 60 “bips”. I gave up correspondence for this reason alone not wanting to be stuck with product that is now worthless.
Just like a snake eating a pig it will take a little time to digest this all and there’s a flight to good quality loans once again. Jumbo lending will also get better since the spread is right now is 7/8 over conforming vs. the usual .25%. The adjustables on jumbos will be a safe haven for now. And things will calm down.
(I just realized this isn’t a mortgage website, sorry!) 8)
Sorry to hear about your engine. I shut mine down in time so the damage shouldn’t be too bad. I really was looking forward to having you behind me… 8)
See you in a few weeks. I’ll be volunteering for the Grands so better be nice to me.
:cheers:
Mike Jansen
Participant@Kirk_Deason wrote:
I’d like to thank Dave Zippie, Rick Schmidt and AJ Noud for supporting my unemployed, broke ass throughout the weekend. Their assistance and support were a true testament to the camaraderie and helpfulness of this great karting community.
Starter fluid… :idn:
Mike Jansen
ParticipantTom,
The only constant is change!
“The sky is falling” is reaction from the Lemmings and things will settle down all in good time. Over the course of twenty years I’ve seen a lot. Just not as serious as it has gotten practically overnight.So, did your engine “tighten up” like mine did Saturday? I was really looking forward to running with y’all sunday but alas it wasn’t to be.
Brad, the track is smooth and fast in what LITTLE time i had on it. The money you spent was well noted from this karter. I can’t wait till the engine is fixed and have the chance to race again.
:cheers:
Mike Jansen
Participant@Rick Schmidt wrote:
The esses at Riverside are still one of my favorite complexes in racing. Wow that makes me feel old though.
That place has been closed for HOW LONG? You probably were a member of Howdy Doodey’s Peanut club too eh? 8)
Man, you really are old. I thought you were more my age… 8)
I’m bringing prunes to the next race for ya. That and a walker. 8)
Would you like tennis balls on the support legs that don’t have wheels? They you can shuffle along.
BTW… I’ll look into getting you some velcro tennis shoes too. 8)
Mike Jansen
ParticipantBTW…
Scooter is a girl. Pick her up and you’ll know. Gender confusion… 😳And it’s always Jansen’s fault…
Mike Jansen
ParticipantGreat, another motor wanting a class.
Bitter, party of one out…
Mike Jansen
ParticipantOr would that be
Wanna Real crossover… :!Mike Jansen
ParticipantFiesta with modern rims eh?
I’ll bet you have those classy “spinner” hubcaps on that baby.
Rick’s looking for some for Roman’s kart since the neon lit valve stem caps only bling for nighttime cruisin”What does WRX stand for? Wussy Meds??? :hehehe
Mike Jansen
Participant:puke
My hands have to slow down now thinking of Polyester porn dude…
Mike Jansen
ParticipantAfter that explanation I really do need the Schmuterator 9000XL
8)
Mike Jansen
Participant@Rick Schmidt wrote:
Kirk_Deason Posted:
To put my situation in perspective, I am not even buying beer.Anyway, the Schmidterator 9000 XXL (as my friends call it) is not super portable, but under the circumstances, WE NEED TO SAVE A FRIEND. And it can be loaded (I said loaded) and brought to the door step of a desperate racer.
Jeez I thought I was a friend! You never showed me the Schmuterator 9000XXL. Oh that’s right you have to be invited over to your house. Lucy only allowed me to the curb.
Kirk, I think I’ve been replaced. By a blue polyester porno avatar no less.
Sounds like you’re racing…Mike Jansen
Participant@CameraCourage wrote:
@Rick Schmidt wrote:
Look at what you post here, it’s a rough crowd.
Aww, I am used to it. The Subaru community that I belong to is way harsher than that!
A Subaru? Next thing you’ll tell us is you wear rainbow shirts and stuff. Not that that’s a bad thing, to each his own.
You probably have a Pinto restoration going on, doncha…
Or a GREMLIN or PACER
Oh the humanity of it all:bang
Mike Jansen
Participant@Kirk_Deason wrote:
To put my situation in perspective, I am not even buying beer.
Team Hardkart: I’ve got some used beer that I’ll give you for free.
It might be warm but hey, it’s the thought that counts… 😆
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