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drunkle.
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November 20, 2007 at 10:18 PM #102358November 20, 2007 at 10:24 PM #102223
JWM in SD
Participant“Stop discounting politics. We are going into an election year. I’m not saying I like that either but I don’t discount it. I don’t like a US dollar disintegrating but the reality is that it looks like we will probably see addional rate cuts.”
Yes, anyone else here voting for Ron Paul?? Because I sure as hell am.
November 20, 2007 at 10:24 PM #102301Participant“Stop discounting politics. We are going into an election year. I’m not saying I like that either but I don’t discount it. I don’t like a US dollar disintegrating but the reality is that it looks like we will probably see addional rate cuts.”
Yes, anyone else here voting for Ron Paul?? Because I sure as hell am.
November 20, 2007 at 10:24 PM #102310Participant“Stop discounting politics. We are going into an election year. I’m not saying I like that either but I don’t discount it. I don’t like a US dollar disintegrating but the reality is that it looks like we will probably see addional rate cuts.”
Yes, anyone else here voting for Ron Paul?? Because I sure as hell am.
November 20, 2007 at 10:24 PM #102334Participant“Stop discounting politics. We are going into an election year. I’m not saying I like that either but I don’t discount it. I don’t like a US dollar disintegrating but the reality is that it looks like we will probably see addional rate cuts.”
Yes, anyone else here voting for Ron Paul?? Because I sure as hell am.
November 20, 2007 at 10:24 PM #102363Participant“Stop discounting politics. We are going into an election year. I’m not saying I like that either but I don’t discount it. I don’t like a US dollar disintegrating but the reality is that it looks like we will probably see addional rate cuts.”
Yes, anyone else here voting for Ron Paul?? Because I sure as hell am.
November 20, 2007 at 10:47 PM #102233Arraya
ParticipantMonetary policy today seems to be mimicing our stance on illegal aliens. We continue to say it is wrong but we continue to provide amnesty to the rule breakers. So as the saying goes, “better to ask for forgiveness than ask for permission.”
That is because corporations and gov’t are married. Of course big business wants cheap labor with no benefits and FBs to keep paying for there ridiculously overpriced homes. If they stop that means more level 3 assets languishing on their books. Ironically, I don’t think 99.9% want to keep paying on something that is dramatically decreasing in value.
I agree Ron Paul is needed our current system is F@#Ked!
November 20, 2007 at 10:47 PM #102311ParticipantMonetary policy today seems to be mimicing our stance on illegal aliens. We continue to say it is wrong but we continue to provide amnesty to the rule breakers. So as the saying goes, “better to ask for forgiveness than ask for permission.”
That is because corporations and gov’t are married. Of course big business wants cheap labor with no benefits and FBs to keep paying for there ridiculously overpriced homes. If they stop that means more level 3 assets languishing on their books. Ironically, I don’t think 99.9% want to keep paying on something that is dramatically decreasing in value.
I agree Ron Paul is needed our current system is F@#Ked!
November 20, 2007 at 10:47 PM #102320ParticipantMonetary policy today seems to be mimicing our stance on illegal aliens. We continue to say it is wrong but we continue to provide amnesty to the rule breakers. So as the saying goes, “better to ask for forgiveness than ask for permission.”
That is because corporations and gov’t are married. Of course big business wants cheap labor with no benefits and FBs to keep paying for there ridiculously overpriced homes. If they stop that means more level 3 assets languishing on their books. Ironically, I don’t think 99.9% want to keep paying on something that is dramatically decreasing in value.
I agree Ron Paul is needed our current system is F@#Ked!
November 20, 2007 at 10:47 PM #102344ParticipantMonetary policy today seems to be mimicing our stance on illegal aliens. We continue to say it is wrong but we continue to provide amnesty to the rule breakers. So as the saying goes, “better to ask for forgiveness than ask for permission.”
That is because corporations and gov’t are married. Of course big business wants cheap labor with no benefits and FBs to keep paying for there ridiculously overpriced homes. If they stop that means more level 3 assets languishing on their books. Ironically, I don’t think 99.9% want to keep paying on something that is dramatically decreasing in value.
I agree Ron Paul is needed our current system is F@#Ked!
November 20, 2007 at 10:47 PM #102373ParticipantMonetary policy today seems to be mimicing our stance on illegal aliens. We continue to say it is wrong but we continue to provide amnesty to the rule breakers. So as the saying goes, “better to ask for forgiveness than ask for permission.”
That is because corporations and gov’t are married. Of course big business wants cheap labor with no benefits and FBs to keep paying for there ridiculously overpriced homes. If they stop that means more level 3 assets languishing on their books. Ironically, I don’t think 99.9% want to keep paying on something that is dramatically decreasing in value.
I agree Ron Paul is needed our current system is F@#Ked!
November 21, 2007 at 5:26 AM #102278Ex-SD
ParticipantRight or Wrong……………………I believe that the overwhelming majority of these “poor, wronged homeowners” won’t pay for those homes if the mortgage holders left their payments where they were before they reset because the homes are now worth less. Most of them bought because they thought they were going to get rich from appreciation that would never end plus the added benefit of having a built in ATM to fund their compulsive spending. It was sheer lunacy to give many of these people a loan because they had credit histories that were fair to poor. If the federal or state governments keep pushing to develop new, creative loan programs, it’s only going to keep this mess going forever . If they just leave it alone and let it correct itself, eventually, there will be some stability with prices in the bubble markets. The county where I now live in South Carolina has the lowest foreclosure rate in the entire USA. We have a very good, growing economy and we did not have the crazy run-up in prices like the bubble markets and the median price is $170k. People selling their homes do not receive multiple offers over the listing price from frantic people bidding on their homes. There are many other places in the country just like this and if the politicians will stop playing to the press and the voters and keep their nose out of this, it WILL eventually correct itself on it’s own.
November 21, 2007 at 5:26 AM #102355ParticipantRight or Wrong……………………I believe that the overwhelming majority of these “poor, wronged homeowners” won’t pay for those homes if the mortgage holders left their payments where they were before they reset because the homes are now worth less. Most of them bought because they thought they were going to get rich from appreciation that would never end plus the added benefit of having a built in ATM to fund their compulsive spending. It was sheer lunacy to give many of these people a loan because they had credit histories that were fair to poor. If the federal or state governments keep pushing to develop new, creative loan programs, it’s only going to keep this mess going forever . If they just leave it alone and let it correct itself, eventually, there will be some stability with prices in the bubble markets. The county where I now live in South Carolina has the lowest foreclosure rate in the entire USA. We have a very good, growing economy and we did not have the crazy run-up in prices like the bubble markets and the median price is $170k. People selling their homes do not receive multiple offers over the listing price from frantic people bidding on their homes. There are many other places in the country just like this and if the politicians will stop playing to the press and the voters and keep their nose out of this, it WILL eventually correct itself on it’s own.
November 21, 2007 at 5:26 AM #102366ParticipantRight or Wrong……………………I believe that the overwhelming majority of these “poor, wronged homeowners” won’t pay for those homes if the mortgage holders left their payments where they were before they reset because the homes are now worth less. Most of them bought because they thought they were going to get rich from appreciation that would never end plus the added benefit of having a built in ATM to fund their compulsive spending. It was sheer lunacy to give many of these people a loan because they had credit histories that were fair to poor. If the federal or state governments keep pushing to develop new, creative loan programs, it’s only going to keep this mess going forever . If they just leave it alone and let it correct itself, eventually, there will be some stability with prices in the bubble markets. The county where I now live in South Carolina has the lowest foreclosure rate in the entire USA. We have a very good, growing economy and we did not have the crazy run-up in prices like the bubble markets and the median price is $170k. People selling their homes do not receive multiple offers over the listing price from frantic people bidding on their homes. There are many other places in the country just like this and if the politicians will stop playing to the press and the voters and keep their nose out of this, it WILL eventually correct itself on it’s own.
November 21, 2007 at 5:26 AM #102390ParticipantRight or Wrong……………………I believe that the overwhelming majority of these “poor, wronged homeowners” won’t pay for those homes if the mortgage holders left their payments where they were before they reset because the homes are now worth less. Most of them bought because they thought they were going to get rich from appreciation that would never end plus the added benefit of having a built in ATM to fund their compulsive spending. It was sheer lunacy to give many of these people a loan because they had credit histories that were fair to poor. If the federal or state governments keep pushing to develop new, creative loan programs, it’s only going to keep this mess going forever . If they just leave it alone and let it correct itself, eventually, there will be some stability with prices in the bubble markets. The county where I now live in South Carolina has the lowest foreclosure rate in the entire USA. We have a very good, growing economy and we did not have the crazy run-up in prices like the bubble markets and the median price is $170k. People selling their homes do not receive multiple offers over the listing price from frantic people bidding on their homes. There are many other places in the country just like this and if the politicians will stop playing to the press and the voters and keep their nose out of this, it WILL eventually correct itself on it’s own.
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