Anyone heard about HR 1728

[SD Realtor]

Socratt I posted about this bill a few months ago when I was talking about the power grab. (Power meaning energy)… Big Nancy has here hands all over this one…

It is really scary what is going on… What is scariest to me is that these pieces of legislation are not to easy to “undo” once they are put through no matter who is in office.

I was also thinking that this sort of stuff is much easier to sneak through in a low interest rate environment. Just think how much of a bottleneck this will be when rates are sky high. This pretty much puts the government in the catbirds seat to dictate any sort of financing unless privateers want to cut through the beauracracy.

What is scariest to me is that we are not even 7 months in yet and when guys like Al Franken become a senator to give a supermajority …. well….the fun has just begun.

[socrattt]

I smell a real revolution in America and I think it’s closer than it looks. Fortunately for our government we have created some of the dumbest and laziest people in the world. These number of imbeciles make up a good portion of our citizens, so maybe they have a bit of breathing room. The smart people like you and the rest of Piggs who understand how these laws will all but destroy business in America will eventually come out of the woodworks and demand that these policies be reversed. I will tell you one thing, I am getting more frustrated by the day and if this law passes I will make my voice known.

[socrattt]

I smell a real revolution in America and I think it’s closer than it looks. Fortunately for our government we have created some of the dumbest and laziest people in the world. These number of imbeciles make up a good portion of our citizens, so maybe they have a bit of breathing room. The smart people like you and the rest of Piggs who understand how these laws will all but destroy business in America will eventually come out of the woodworks and demand that these policies be reversed. I will tell you one thing, I am getting more frustrated by the day and if this law passes I will make my voice known.

[socrattt]

I smell a real revolution in America and I think it’s closer than it looks. Fortunately for our government we have created some of the dumbest and laziest people in the world. These number of imbeciles make up a good portion of our citizens, so maybe they have a bit of breathing room. The smart people like you and the rest of Piggs who understand how these laws will all but destroy business in America will eventually come out of the woodworks and demand that these policies be reversed. I will tell you one thing, I am getting more frustrated by the day and if this law passes I will make my voice known.

[socrattt]

I smell a real revolution in America and I think it’s closer than it looks. Fortunately for our government we have created some of the dumbest and laziest people in the world. These number of imbeciles make up a good portion of our citizens, so maybe they have a bit of breathing room. The smart people like you and the rest of Piggs who understand how these laws will all but destroy business in America will eventually come out of the woodworks and demand that these policies be reversed. I will tell you one thing, I am getting more frustrated by the day and if this law passes I will make my voice known.

[socrattt]

I smell a real revolution in America and I think it’s closer than it looks. Fortunately for our government we have created some of the dumbest and laziest people in the world. These number of imbeciles make up a good portion of our citizens, so maybe they have a bit of breathing room. The smart people like you and the rest of Piggs who understand how these laws will all but destroy business in America will eventually come out of the woodworks and demand that these policies be reversed. I will tell you one thing, I am getting more frustrated by the day and if this law passes I will make my voice known.

[Aecetia]

I agree. They have no idea how much discontent is out there and the level of backlash that will be unleashed. They are banking on Americans being lazy and unmotivated when it comes to activism. The public schools have been so dumbed down for so long, they are counting on no one being excited when there is no direct impact on the majority: “In Germany, they came first for the Communists, And I didn’t speak up because I wasn’t a Communist….” First they took over the banks; then they took over GM.

[Aecetia]

I agree. They have no idea how much discontent is out there and the level of backlash that will be unleashed. They are banking on Americans being lazy and unmotivated when it comes to activism. The public schools have been so dumbed down for so long, they are counting on no one being excited when there is no direct impact on the majority: “In Germany, they came first for the Communists, And I didn’t speak up because I wasn’t a Communist….” First they took over the banks; then they took over GM.

[Aecetia]

I agree. They have no idea how much discontent is out there and the level of backlash that will be unleashed. They are banking on Americans being lazy and unmotivated when it comes to activism. The public schools have been so dumbed down for so long, they are counting on no one being excited when there is no direct impact on the majority: “In Germany, they came first for the Communists, And I didn’t speak up because I wasn’t a Communist….” First they took over the banks; then they took over GM.

[Aecetia]

I agree. They have no idea how much discontent is out there and the level of backlash that will be unleashed. They are banking on Americans being lazy and unmotivated when it comes to activism. The public schools have been so dumbed down for so long, they are counting on no one being excited when there is no direct impact on the majority: “In Germany, they came first for the Communists, And I didn’t speak up because I wasn’t a Communist….” First they took over the banks; then they took over GM.

[Aecetia]

I agree. They have no idea how much discontent is out there and the level of backlash that will be unleashed. They are banking on Americans being lazy and unmotivated when it comes to activism. The public schools have been so dumbed down for so long, they are counting on no one being excited when there is no direct impact on the majority: “In Germany, they came first for the Communists, And I didn’t speak up because I wasn’t a Communist….” First they took over the banks; then they took over GM.

[SK in CV]

Your explanation of the bill is misleading.

You will NOT be able to sell more than 1 property with owner financing every 3 years!

Uh…yes, you will. But you’ll have to be a licensed lender and follow all the rules that other licensed lenders follow.

It would be extraordinary circumstances for someone who is not in the business of lending to provide seller financing more than once every 3 years. If you are a house trader or a land trader and provide financing more than once in three years, you ARE in the business of lending money. Get your license, just like every other lender, and there is nothing in this bill that prohibits you from going about your business. If the licensing requirement is too much of a hassle, or following the rules that other lenders will follow in the normal course of business is too much of a hassle, then don’t go into the lending business.

[SK in CV]

Your explanation of the bill is misleading.

You will NOT be able to sell more than 1 property with owner financing every 3 years!

Uh…yes, you will. But you’ll have to be a licensed lender and follow all the rules that other licensed lenders follow.

It would be extraordinary circumstances for someone who is not in the business of lending to provide seller financing more than once every 3 years. If you are a house trader or a land trader and provide financing more than once in three years, you ARE in the business of lending money. Get your license, just like every other lender, and there is nothing in this bill that prohibits you from going about your business. If the licensing requirement is too much of a hassle, or following the rules that other lenders will follow in the normal course of business is too much of a hassle, then don’t go into the lending business.

[SK in CV]

Your explanation of the bill is misleading.

You will NOT be able to sell more than 1 property with owner financing every 3 years!

Uh…yes, you will. But you’ll have to be a licensed lender and follow all the rules that other licensed lenders follow.

It would be extraordinary circumstances for someone who is not in the business of lending to provide seller financing more than once every 3 years. If you are a house trader or a land trader and provide financing more than once in three years, you ARE in the business of lending money. Get your license, just like every other lender, and there is nothing in this bill that prohibits you from going about your business. If the licensing requirement is too much of a hassle, or following the rules that other lenders will follow in the normal course of business is too much of a hassle, then don’t go into the lending business.

[SK in CV]

Your explanation of the bill is misleading.

You will NOT be able to sell more than 1 property with owner financing every 3 years!

Uh…yes, you will. But you’ll have to be a licensed lender and follow all the rules that other licensed lenders follow.

It would be extraordinary circumstances for someone who is not in the business of lending to provide seller financing more than once every 3 years. If you are a house trader or a land trader and provide financing more than once in three years, you ARE in the business of lending money. Get your license, just like every other lender, and there is nothing in this bill that prohibits you from going about your business. If the licensing requirement is too much of a hassle, or following the rules that other lenders will follow in the normal course of business is too much of a hassle, then don’t go into the lending business.

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