Famed Columnist gives rotten mortgage advice

[equalizer]

[quote=temeculaguy]I see a very high horse and of course I have a step ladder so I’m gonna get on it. I’ll loan you my step ladder if you like.

This is not a stock play, this is not about getting a good deal on priceline for a hotel room. This is a debt that someone took, someone promised to pay and from what we can tell, they can afford to pay back. They should honor their debt, keep their promise, learn from the lesson and think twice next time. There are a few pieces of advice, a few promises in life that you are supposed to keep, not because they make a profit, but becuase karma is a bitch and integrity cannot be re aquired. Monogomy is like that too. Lets say that you are in a monogomous relationship, that you promised to only have sex with one person, you are supposed to keep that promise, nothing can make you do it but yourself. If you are involved in a terrible hunting accident and your genitalia is removed, then through something beyond your control you will not be able to fullfill your obligation but you didn’t break the promise (that is like losing your job). But if Beyonce hits on you in a bar, asks you to go home with her, well, it’s decision time. Are you a man of your word?

The following commandments were never published in any religious text, I made them up, but they are far more relevent today.

1. Pay your debts, pay your tab, pay your own way.

2. Don’t steal, good deals are permitted and encouraged.

3. Don’t tell someone you love them unless you mean it, but if you do, tell them often and show it.

4. Take care of your children and at some point, your parents, even when it’s inconvenient.

5. Drink good wine, eat good food, but avoid sugar.

That’s it, sometimes you win, sometimes you lose, sometimes you have to lick your wounds, stand up and walk out of the room like a man, even if you limp a little.[/quote]
That’s great advice.
Most people don’t have courage, or wherewithal, etc, to follow the advice. Those SF liberals can complain about Chinese goods because they can afford the American made products at 5 times the price. (Viking, etc)

Does Trump or my other mentors keep their honor and pay debts or do they use business loss provisions of BK, etc? Now you may want to take Trump’s assets to pay his speculative RE plays and more power to you if you can stop my mentors. Otherwise, it’s just capitalism my friend.

Do we really want people to spend all of their disposable income on their mortgage, HELOC, etc and nothing left for kids diapers, La Jolla Country day tuition? You guys know my answer, I’m the Yankee capitalist and I say again poor people get out of CA.

[Eugene]

Ethics, honor, promise … being a man of your word … all that applies only to non-collateralized, verbal interactions between human beings.

There’s no ethics and there’s no honor in legal contracts. It’s all based on cold logic. Especially true when the other party is not a human being but a soulless machine. The contract states that the bank will do A, and you will do B monthly for thirty years, and, should you fail to do so at some point before those thirty years are over, the bank is permitted to do C. In the event of a mutual agreement, both parties may discard the contract and sign a new one under different terms. Ethics does not enter.

[Eugene]

Ethics, honor, promise … being a man of your word … all that applies only to non-collateralized, verbal interactions between human beings.

There’s no ethics and there’s no honor in legal contracts. It’s all based on cold logic. Especially true when the other party is not a human being but a soulless machine. The contract states that the bank will do A, and you will do B monthly for thirty years, and, should you fail to do so at some point before those thirty years are over, the bank is permitted to do C. In the event of a mutual agreement, both parties may discard the contract and sign a new one under different terms. Ethics does not enter.

[Eugene]

Ethics, honor, promise … being a man of your word … all that applies only to non-collateralized, verbal interactions between human beings.

There’s no ethics and there’s no honor in legal contracts. It’s all based on cold logic. Especially true when the other party is not a human being but a soulless machine. The contract states that the bank will do A, and you will do B monthly for thirty years, and, should you fail to do so at some point before those thirty years are over, the bank is permitted to do C. In the event of a mutual agreement, both parties may discard the contract and sign a new one under different terms. Ethics does not enter.

[Eugene]

Ethics, honor, promise … being a man of your word … all that applies only to non-collateralized, verbal interactions between human beings.

There’s no ethics and there’s no honor in legal contracts. It’s all based on cold logic. Especially true when the other party is not a human being but a soulless machine. The contract states that the bank will do A, and you will do B monthly for thirty years, and, should you fail to do so at some point before those thirty years are over, the bank is permitted to do C. In the event of a mutual agreement, both parties may discard the contract and sign a new one under different terms. Ethics does not enter.

[Eugene]

Ethics, honor, promise … being a man of your word … all that applies only to non-collateralized, verbal interactions between human beings.

There’s no ethics and there’s no honor in legal contracts. It’s all based on cold logic. Especially true when the other party is not a human being but a soulless machine. The contract states that the bank will do A, and you will do B monthly for thirty years, and, should you fail to do so at some point before those thirty years are over, the bank is permitted to do C. In the event of a mutual agreement, both parties may discard the contract and sign a new one under different terms. Ethics does not enter.

[Aecetia]

TG:

I am saving that quote. That is not just the best of Temeculaguy, I think it is the best ever. And you have some done some excellent writing on Piggington. I like everything there except for the avoiding sugar part. Godiva has sugar in it and life is too short not to enjoy good chocolate!

[Aecetia]

TG:

I am saving that quote. That is not just the best of Temeculaguy, I think it is the best ever. And you have some done some excellent writing on Piggington. I like everything there except for the avoiding sugar part. Godiva has sugar in it and life is too short not to enjoy good chocolate!

[Aecetia]

TG:

I am saving that quote. That is not just the best of Temeculaguy, I think it is the best ever. And you have some done some excellent writing on Piggington. I like everything there except for the avoiding sugar part. Godiva has sugar in it and life is too short not to enjoy good chocolate!

[Aecetia]

TG:

I am saving that quote. That is not just the best of Temeculaguy, I think it is the best ever. And you have some done some excellent writing on Piggington. I like everything there except for the avoiding sugar part. Godiva has sugar in it and life is too short not to enjoy good chocolate!

[Aecetia]

TG:

I am saving that quote. That is not just the best of Temeculaguy, I think it is the best ever. And you have some done some excellent writing on Piggington. I like everything there except for the avoiding sugar part. Godiva has sugar in it and life is too short not to enjoy good chocolate!

[briansd1]

[quote=Eugene]Ethics, honor, promise … being a man of your word … all that applies only to non-collateralized, verbal interactions between human beings.

There’s no ethics and there’s no honor in legal contracts. It’s all based on cold logic. Especially true when the other party is not a human being but a soulless machine. The contract states that the bank will do A, and you will do B monthly for thirty years, and, should you fail to do so at some point before those thirty years are over, the bank is permitted to do C. In the event of a mutual agreement, both parties may discard the contract and sign a new one under different terms. Ethics does not enter.[/quote]

I completely agree with Eugene.

[briansd1]

[quote=Eugene]Ethics, honor, promise … being a man of your word … all that applies only to non-collateralized, verbal interactions between human beings.

There’s no ethics and there’s no honor in legal contracts. It’s all based on cold logic. Especially true when the other party is not a human being but a soulless machine. The contract states that the bank will do A, and you will do B monthly for thirty years, and, should you fail to do so at some point before those thirty years are over, the bank is permitted to do C. In the event of a mutual agreement, both parties may discard the contract and sign a new one under different terms. Ethics does not enter.[/quote]

I completely agree with Eugene.

[briansd1]

[quote=Eugene]Ethics, honor, promise … being a man of your word … all that applies only to non-collateralized, verbal interactions between human beings.

There’s no ethics and there’s no honor in legal contracts. It’s all based on cold logic. Especially true when the other party is not a human being but a soulless machine. The contract states that the bank will do A, and you will do B monthly for thirty years, and, should you fail to do so at some point before those thirty years are over, the bank is permitted to do C. In the event of a mutual agreement, both parties may discard the contract and sign a new one under different terms. Ethics does not enter.[/quote]

I completely agree with Eugene.

[briansd1]

[quote=Eugene]Ethics, honor, promise … being a man of your word … all that applies only to non-collateralized, verbal interactions between human beings.

There’s no ethics and there’s no honor in legal contracts. It’s all based on cold logic. Especially true when the other party is not a human being but a soulless machine. The contract states that the bank will do A, and you will do B monthly for thirty years, and, should you fail to do so at some point before those thirty years are over, the bank is permitted to do C. In the event of a mutual agreement, both parties may discard the contract and sign a new one under different terms. Ethics does not enter.[/quote]

I completely agree with Eugene.

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