Enough is Enough…The Bottom Line

[34f3f3f]

If you take Cyphire’s argument one step further, you must also ask how qualified is the average person to vote for a government to run his or her country. If the government fails you, and you voted for it, are you going to take responsibility for your actions? Or are you going to blame the politicians? Who was to blame for Katrina, the weather forecasters, the city planners, or the hurricane? Or just the stupid people who didn’t bother going to the library? If people can see the jackboot, they generally don’t wait around to be kicked in the ass.

[sjk]

Very nice rant Contraman! In my circle of friends I’ve been calling it “The great cleansing”

Regards,

[sjk]

Very nice rant Contraman! In my circle of friends I’ve been calling it “The great cleansing”

Regards,

[sjk]

Very nice rant Contraman! In my circle of friends I’ve been calling it “The great cleansing”

Regards,

[patientrenter]

Reading that felt good, contraman. Your lifestyle and mine sound very similar. I spend about 10% of my income, and plan to buy a home for cash that’s less than 10% of my assets.

I am amused by all the people who agree with you, but want just a little more accommodation for the poor victims of ignorance and stupidity. Your point is that there’s already been way too much accommodation.

We have one drop of genuine victimhood in a giant vat of greed, and the leveraged average Joe and Jane buyers of appreciating assets and consumer goods are just as guilty as everyone else. It doesn’t take a genius to see that being given a house and keeping the upside if it appreciates and walking away if it depreciates is an unsupportable freebie. Taking it was legal, but I consider it an abdication of one’s social responsibilities. If you just wanted a home for yourself and your family, renting was always an option, so everyone who bought instead made a conscious choice, and weren’t forced into it at all.

Patient renter in OC

[patientrenter]

Reading that felt good, contraman. Your lifestyle and mine sound very similar. I spend about 10% of my income, and plan to buy a home for cash that’s less than 10% of my assets.

I am amused by all the people who agree with you, but want just a little more accommodation for the poor victims of ignorance and stupidity. Your point is that there’s already been way too much accommodation.

We have one drop of genuine victimhood in a giant vat of greed, and the leveraged average Joe and Jane buyers of appreciating assets and consumer goods are just as guilty as everyone else. It doesn’t take a genius to see that being given a house and keeping the upside if it appreciates and walking away if it depreciates is an unsupportable freebie. Taking it was legal, but I consider it an abdication of one’s social responsibilities. If you just wanted a home for yourself and your family, renting was always an option, so everyone who bought instead made a conscious choice, and weren’t forced into it at all.

Patient renter in OC

[patientrenter]

Reading that felt good, contraman. Your lifestyle and mine sound very similar. I spend about 10% of my income, and plan to buy a home for cash that’s less than 10% of my assets.

I am amused by all the people who agree with you, but want just a little more accommodation for the poor victims of ignorance and stupidity. Your point is that there’s already been way too much accommodation.

We have one drop of genuine victimhood in a giant vat of greed, and the leveraged average Joe and Jane buyers of appreciating assets and consumer goods are just as guilty as everyone else. It doesn’t take a genius to see that being given a house and keeping the upside if it appreciates and walking away if it depreciates is an unsupportable freebie. Taking it was legal, but I consider it an abdication of one’s social responsibilities. If you just wanted a home for yourself and your family, renting was always an option, so everyone who bought instead made a conscious choice, and weren’t forced into it at all.

Patient renter in OC

[CDMA ENG]

CDMA ENG…

Contraman in ’08!

I think he is on to something.

“It IS your fault” is a lesson that my parent’s taught me and I’m only 37. All these people making these kind of mistakes were taught these lessons from the baby boomers parents. They were of the “old school” philosphies! Pay Cash. You really don’t need it. A penny saved is a penny earned and all that stuff. So what happened along the way?

One of my grandfather’s died with over a million in cash. The other will with over a million in assest.

Neither of these men EVER made more money together than I make now in a single year.

They knew something our generation, and the next, doesn’t.

Just my rant…

Take care Piggys (yes I mean Piggintonians)

[CDMA ENG]

CDMA ENG…

Contraman in ’08!

I think he is on to something.

“It IS your fault” is a lesson that my parent’s taught me and I’m only 37. All these people making these kind of mistakes were taught these lessons from the baby boomers parents. They were of the “old school” philosphies! Pay Cash. You really don’t need it. A penny saved is a penny earned and all that stuff. So what happened along the way?

One of my grandfather’s died with over a million in cash. The other will with over a million in assest.

Neither of these men EVER made more money together than I make now in a single year.

They knew something our generation, and the next, doesn’t.

Just my rant…

Take care Piggys (yes I mean Piggintonians)

[CDMA ENG]

CDMA ENG…

Contraman in ’08!

I think he is on to something.

“It IS your fault” is a lesson that my parent’s taught me and I’m only 37. All these people making these kind of mistakes were taught these lessons from the baby boomers parents. They were of the “old school” philosphies! Pay Cash. You really don’t need it. A penny saved is a penny earned and all that stuff. So what happened along the way?

One of my grandfather’s died with over a million in cash. The other will with over a million in assest.

Neither of these men EVER made more money together than I make now in a single year.

They knew something our generation, and the next, doesn’t.

Just my rant…

Take care Piggys (yes I mean Piggintonians)

[PerryChase]

Sure, contraman is on to something.

I agree with the old school philosophies (and I’m a proud liberal). Don’t buy it if you can’t afford it. The house is would be the only purchase one should borrow money for. Even then, families are getting smaller so children who inherit houses would not even need mortgages to pay for housing.

But cyphire is right. We have the economy we have because we spend. The big problem is that we have outsourced everything so the money is going overseas. If the foreigners don’t lend that money back to you, then we’re in deep doo doo.

Personally, I’m not helping the economy because I don’t buy anything since I don’t need anything.

However, you won’t see me dead in a Jerome’s store. I would rather buy used from Craigslist than new at Jerome’s. Do like the Dutch do. They have small tidy homes free and clear of junk. If you buy a sofa, buy a nice one and keep it forever. Americans buy mostly useless junk that they replace every year (but that makes the economy go round).

[PerryChase]

Sure, contraman is on to something.

I agree with the old school philosophies (and I’m a proud liberal). Don’t buy it if you can’t afford it. The house is would be the only purchase one should borrow money for. Even then, families are getting smaller so children who inherit houses would not even need mortgages to pay for housing.

But cyphire is right. We have the economy we have because we spend. The big problem is that we have outsourced everything so the money is going overseas. If the foreigners don’t lend that money back to you, then we’re in deep doo doo.

Personally, I’m not helping the economy because I don’t buy anything since I don’t need anything.

However, you won’t see me dead in a Jerome’s store. I would rather buy used from Craigslist than new at Jerome’s. Do like the Dutch do. They have small tidy homes free and clear of junk. If you buy a sofa, buy a nice one and keep it forever. Americans buy mostly useless junk that they replace every year (but that makes the economy go round).

[PerryChase]

Sure, contraman is on to something.

I agree with the old school philosophies (and I’m a proud liberal). Don’t buy it if you can’t afford it. The house is would be the only purchase one should borrow money for. Even then, families are getting smaller so children who inherit houses would not even need mortgages to pay for housing.

But cyphire is right. We have the economy we have because we spend. The big problem is that we have outsourced everything so the money is going overseas. If the foreigners don’t lend that money back to you, then we’re in deep doo doo.

Personally, I’m not helping the economy because I don’t buy anything since I don’t need anything.

However, you won’t see me dead in a Jerome’s store. I would rather buy used from Craigslist than new at Jerome’s. Do like the Dutch do. They have small tidy homes free and clear of junk. If you buy a sofa, buy a nice one and keep it forever. Americans buy mostly useless junk that they replace every year (but that makes the economy go round).

[contraman]

CDMA and Gang,

I hate to disappoint everyone here but I would make a terrible politician as I don’t practice the habits of lying to people to get a vote, taking bribes and payoffs from special interest groups, and flattering and kissing people’s asses every day. I call a spade a spade and I value my name above any amount of riches.

A few things here on the threads posted above and below. The Katrina comparison to the morrgage dilemna is a faulty one. It is not even apples to oranges here.

I would certainly agree that the government was lax in their anticipation of this type of event and did not prepare accordingly on some levels. In this case, I feel they should step in and help people in a VERY MONITORED AND ORGANIZED FASHION which they never do…hence the “fleecing of America” stories on the nightly news.

These people had very little control over A HURRICANE STORM and the effects it could have on them. They were warned by the media in the days before the storm to evacuate the area. Some made the decision to do that, some stayed and reaped the conseqences physically, and others?

These people did not sign papers to allow the storm to ravage their home. Big Difference.

All this being said, it is very sad what has happened there and the poor follow up that is taking place to help these people.

The point I am trying to make here is that people have been living way above their means for the last decade and the materialism of this country and the striving to get rich is out of control, hence, the need to reset the values.

AMEX can give me a line of credit, that doesn’t mean that I have to CHOOSE to max it out.

Bank you name it, can offer me a negative amortizing loan to purchase a home that I only use 50% of, but I can CHOOSE not to put myself and family in this situation.

Anyone can give you the gun, you CHOOSE to pull the trigger.

Here is the word of the day “DOWNSIZE”.

Sincerely, Contraman

[contraman]

CDMA and Gang,

I hate to disappoint everyone here but I would make a terrible politician as I don’t practice the habits of lying to people to get a vote, taking bribes and payoffs from special interest groups, and flattering and kissing people’s asses every day. I call a spade a spade and I value my name above any amount of riches.

A few things here on the threads posted above and below. The Katrina comparison to the morrgage dilemna is a faulty one. It is not even apples to oranges here.

I would certainly agree that the government was lax in their anticipation of this type of event and did not prepare accordingly on some levels. In this case, I feel they should step in and help people in a VERY MONITORED AND ORGANIZED FASHION which they never do…hence the “fleecing of America” stories on the nightly news.

These people had very little control over A HURRICANE STORM and the effects it could have on them. They were warned by the media in the days before the storm to evacuate the area. Some made the decision to do that, some stayed and reaped the conseqences physically, and others?

These people did not sign papers to allow the storm to ravage their home. Big Difference.

All this being said, it is very sad what has happened there and the poor follow up that is taking place to help these people.

The point I am trying to make here is that people have been living way above their means for the last decade and the materialism of this country and the striving to get rich is out of control, hence, the need to reset the values.

AMEX can give me a line of credit, that doesn’t mean that I have to CHOOSE to max it out.

Bank you name it, can offer me a negative amortizing loan to purchase a home that I only use 50% of, but I can CHOOSE not to put myself and family in this situation.

Anyone can give you the gun, you CHOOSE to pull the trigger.

Here is the word of the day “DOWNSIZE”.

Sincerely, Contraman

[Author]

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