Enough is Enough…The Bottom Line

[cyphire]

You misunderstood me… My wife is awesome. I was talking about a lot of other people who are pressured into buying a house because of the wife. We sold our house in Dec 06, and my wife was fine with renting. She doesn’t follow the real estate situation as much as I do, and she was willing to go along with the fact that this is NOT the time to buy a house!

She also shops carefully, and will NOT pay a lot for a lot of things which other women go crazy over. Example, she will buy shoes for 50-60$, my sister will buy 5 pairs of the same shoes for $200 each… She likes nice things, but won’t waste money on stuff….

We don’t feel the need to keep up with anyone… She is so not caught up in lifestyle stuff… Whew…

I’m amazed at the guys who will jump through hoops because their wives are competing with the other wives…. Thats the point of my post!

p.s. My friend’s friend from Orange County sold their 2M house and bought a 3.5M house… 1 year ago. I understand that they are fighting a lot because they put most of their money into it…!

[Chris Scoreboard Johnston]

I will state what I re-state over and over, be very careful what you wish for. This reckoning that many hope for may happen, but if it does, most people including many in here, will be out of work, and in very bad shape financially. I think it is naive to think that you can have a regular job, have financial armageddon take place, and be completely unaffected. Everything is connected nowadays.

I do not disagree with most of the points being discussed here, but we cannot have this washout you want. We are where we are, and the powers that be need to find an easier way out than tough love. It is human nature unfortunately, to be a sheister, many people are always looking to take advantage of others. Most people with these bad loans were duped, some were not. Unfortunately, we may need to let a few people who deserve to eat it off the hook, to save the greater majority.

A fed easing is almost mandatory at this point, so get ready. What the Fed did today spoke very highly about how they are really looking at things right now. They saved the market today, this is the PPT in prime time for everyone to see. They will do more in the coming weeks.

[Chris Scoreboard Johnston]

I will state what I re-state over and over, be very careful what you wish for. This reckoning that many hope for may happen, but if it does, most people including many in here, will be out of work, and in very bad shape financially. I think it is naive to think that you can have a regular job, have financial armageddon take place, and be completely unaffected. Everything is connected nowadays.

I do not disagree with most of the points being discussed here, but we cannot have this washout you want. We are where we are, and the powers that be need to find an easier way out than tough love. It is human nature unfortunately, to be a sheister, many people are always looking to take advantage of others. Most people with these bad loans were duped, some were not. Unfortunately, we may need to let a few people who deserve to eat it off the hook, to save the greater majority.

A fed easing is almost mandatory at this point, so get ready. What the Fed did today spoke very highly about how they are really looking at things right now. They saved the market today, this is the PPT in prime time for everyone to see. They will do more in the coming weeks.

[Chris Scoreboard Johnston]

I will state what I re-state over and over, be very careful what you wish for. This reckoning that many hope for may happen, but if it does, most people including many in here, will be out of work, and in very bad shape financially. I think it is naive to think that you can have a regular job, have financial armageddon take place, and be completely unaffected. Everything is connected nowadays.

I do not disagree with most of the points being discussed here, but we cannot have this washout you want. We are where we are, and the powers that be need to find an easier way out than tough love. It is human nature unfortunately, to be a sheister, many people are always looking to take advantage of others. Most people with these bad loans were duped, some were not. Unfortunately, we may need to let a few people who deserve to eat it off the hook, to save the greater majority.

A fed easing is almost mandatory at this point, so get ready. What the Fed did today spoke very highly about how they are really looking at things right now. They saved the market today, this is the PPT in prime time for everyone to see. They will do more in the coming weeks.

[PerryChase]

cyphire, you sound like you have your priorities in order. You’ve achieved success without selling out your ideals. Us liberals are under appreciated. We care about the world, not just our pocket books.

Ok, I confess, I used to be a spender. I ate out every night and spent frivolously on everything. But no more. I’ve reformed since about 2001 and I haven’t bought a big ticket item since then. I drive my brothers’ hand-me-down cars. They are car buffs so I let them take the depreciation for me and it doesn’t cost me a penny. I prepare my own meals because it’s healthier and tastier. I now only eat restaurant food when I go out with friends.

My only remaining vice is that I want an architecturally designed house with a view. But even that is changing. Maybe I’ll just get a condo and call it quits.

You’re right contraman. I feels good to downsize. Plus the bank account likes it too.

So if financial ARMageddon comes about, I think that I’ll be fine. I have no debt and I can always grow vegetables and raise chicken and rabbits in the backyard (as long as we still have water). Afterall, the Brits did it during WWII and they turned out just fine.

——–

About Craigslist, there’s everything on there. What if people would just trade on Craigslist and never buy anything new again? Craig is certainly on to something and I commend him for not selling out and keeping the site free and free of ads.

[PerryChase]

cyphire, you sound like you have your priorities in order. You’ve achieved success without selling out your ideals. Us liberals are under appreciated. We care about the world, not just our pocket books.

Ok, I confess, I used to be a spender. I ate out every night and spent frivolously on everything. But no more. I’ve reformed since about 2001 and I haven’t bought a big ticket item since then. I drive my brothers’ hand-me-down cars. They are car buffs so I let them take the depreciation for me and it doesn’t cost me a penny. I prepare my own meals because it’s healthier and tastier. I now only eat restaurant food when I go out with friends.

My only remaining vice is that I want an architecturally designed house with a view. But even that is changing. Maybe I’ll just get a condo and call it quits.

You’re right contraman. I feels good to downsize. Plus the bank account likes it too.

So if financial ARMageddon comes about, I think that I’ll be fine. I have no debt and I can always grow vegetables and raise chicken and rabbits in the backyard (as long as we still have water). Afterall, the Brits did it during WWII and they turned out just fine.

——–

About Craigslist, there’s everything on there. What if people would just trade on Craigslist and never buy anything new again? Craig is certainly on to something and I commend him for not selling out and keeping the site free and free of ads.

[PerryChase]

cyphire, you sound like you have your priorities in order. You’ve achieved success without selling out your ideals. Us liberals are under appreciated. We care about the world, not just our pocket books.

Ok, I confess, I used to be a spender. I ate out every night and spent frivolously on everything. But no more. I’ve reformed since about 2001 and I haven’t bought a big ticket item since then. I drive my brothers’ hand-me-down cars. They are car buffs so I let them take the depreciation for me and it doesn’t cost me a penny. I prepare my own meals because it’s healthier and tastier. I now only eat restaurant food when I go out with friends.

My only remaining vice is that I want an architecturally designed house with a view. But even that is changing. Maybe I’ll just get a condo and call it quits.

You’re right contraman. I feels good to downsize. Plus the bank account likes it too.

So if financial ARMageddon comes about, I think that I’ll be fine. I have no debt and I can always grow vegetables and raise chicken and rabbits in the backyard (as long as we still have water). Afterall, the Brits did it during WWII and they turned out just fine.

——–

About Craigslist, there’s everything on there. What if people would just trade on Craigslist and never buy anything new again? Craig is certainly on to something and I commend him for not selling out and keeping the site free and free of ads.

[cyphire]

I’m in a transition right now as I just sold my company. I put a small amount of money into the stock market and a large amount into municipal bonds – had to hold back my broker, kicking and screaming, to only put a small amount in, and of course everything he has bought including the municipal bonds are down.

I’m trying to reign in my spending ways, but can’t resist eating out…

I am, however, pledged to keep living off the interest and downsize somewhat. One way was not buying a house. Best decision I ever made. I was one signature away from buying a house in La Jolla, glad I am renting here instead.

I’ve realized one sad truth… That fear sells better than kindness, logic loses to hatred, economic fairness loses to the fear that someone will take your job… The Republican’s are much better communicators – the Democrats are too liberal and logical and it seems to many folks that they are weak – instead of just trying to build a better society (vs. keeping all the dough to themselves).

Imagine of people voted for the party which actually represented them? Vs. the party which has the best message of fear? People are suckers.

[cyphire]

I’m in a transition right now as I just sold my company. I put a small amount of money into the stock market and a large amount into municipal bonds – had to hold back my broker, kicking and screaming, to only put a small amount in, and of course everything he has bought including the municipal bonds are down.

I’m trying to reign in my spending ways, but can’t resist eating out…

I am, however, pledged to keep living off the interest and downsize somewhat. One way was not buying a house. Best decision I ever made. I was one signature away from buying a house in La Jolla, glad I am renting here instead.

I’ve realized one sad truth… That fear sells better than kindness, logic loses to hatred, economic fairness loses to the fear that someone will take your job… The Republican’s are much better communicators – the Democrats are too liberal and logical and it seems to many folks that they are weak – instead of just trying to build a better society (vs. keeping all the dough to themselves).

Imagine of people voted for the party which actually represented them? Vs. the party which has the best message of fear? People are suckers.

[cyphire]

I’m in a transition right now as I just sold my company. I put a small amount of money into the stock market and a large amount into municipal bonds – had to hold back my broker, kicking and screaming, to only put a small amount in, and of course everything he has bought including the municipal bonds are down.

I’m trying to reign in my spending ways, but can’t resist eating out…

I am, however, pledged to keep living off the interest and downsize somewhat. One way was not buying a house. Best decision I ever made. I was one signature away from buying a house in La Jolla, glad I am renting here instead.

I’ve realized one sad truth… That fear sells better than kindness, logic loses to hatred, economic fairness loses to the fear that someone will take your job… The Republican’s are much better communicators – the Democrats are too liberal and logical and it seems to many folks that they are weak – instead of just trying to build a better society (vs. keeping all the dough to themselves).

Imagine of people voted for the party which actually represented them? Vs. the party which has the best message of fear? People are suckers.

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