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markmax33.
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August 17, 2011 at 7:33 PM #721784August 17, 2011 at 7:39 PM #720576
jpinpb
Participant[quote=Nor-LA-SD-GUY2]It’s not about the ponzi, it’s about Job’s
It’s just that there is no way in heck to have an economic recovery when people are stuck, and going into foreclosure,
Well whatever, you will not get to below 6% unemployment UNTIL THE MAJORITY OF UNDERWATER HOME OWNERS ARE NO LONGER UNDER WATER,
One way or the other..The candidate who finally admits that will get my vote.[/quote]
X2. Thank you!
August 17, 2011 at 7:39 PM #720668Participant[quote=Nor-LA-SD-GUY2]It’s not about the ponzi, it’s about Job’s
It’s just that there is no way in heck to have an economic recovery when people are stuck, and going into foreclosure,
Well whatever, you will not get to below 6% unemployment UNTIL THE MAJORITY OF UNDERWATER HOME OWNERS ARE NO LONGER UNDER WATER,
One way or the other..The candidate who finally admits that will get my vote.[/quote]
X2. Thank you!
August 17, 2011 at 7:39 PM #721269Participant[quote=Nor-LA-SD-GUY2]It’s not about the ponzi, it’s about Job’s
It’s just that there is no way in heck to have an economic recovery when people are stuck, and going into foreclosure,
Well whatever, you will not get to below 6% unemployment UNTIL THE MAJORITY OF UNDERWATER HOME OWNERS ARE NO LONGER UNDER WATER,
One way or the other..The candidate who finally admits that will get my vote.[/quote]
X2. Thank you!
August 17, 2011 at 7:39 PM #721424Participant[quote=Nor-LA-SD-GUY2]It’s not about the ponzi, it’s about Job’s
It’s just that there is no way in heck to have an economic recovery when people are stuck, and going into foreclosure,
Well whatever, you will not get to below 6% unemployment UNTIL THE MAJORITY OF UNDERWATER HOME OWNERS ARE NO LONGER UNDER WATER,
One way or the other..The candidate who finally admits that will get my vote.[/quote]
X2. Thank you!
August 17, 2011 at 7:39 PM #721789Participant[quote=Nor-LA-SD-GUY2]It’s not about the ponzi, it’s about Job’s
It’s just that there is no way in heck to have an economic recovery when people are stuck, and going into foreclosure,
Well whatever, you will not get to below 6% unemployment UNTIL THE MAJORITY OF UNDERWATER HOME OWNERS ARE NO LONGER UNDER WATER,
One way or the other..The candidate who finally admits that will get my vote.[/quote]
X2. Thank you!
August 17, 2011 at 8:59 PM #720615SK in CV
Participant[quote=Nor-LA-SD-GUY2]It’s not about the ponzi, it’s about Job’s
It’s just that there is no way in heck to have an economic recovery when people are stuck, and going into foreclosure,
Well whatever, you will not get to below 6% unemployment UNTIL THE MAJORITY OF UNDERWATER HOME OWNERS ARE NO LONGER UNDER WATER,
One way or the other..The candidate who finally admits that will get my vote.[/quote]
He (or she) will get your vote and a handful of others. Unfortunately, that candidate has no chance of getting elected. Because the candidate that admits that, will also have to admit that there is no quick and easy fix. That there is no fiscal or monetary policy that can fix it. And that even if that candidate wins the election, it may not be fixed by the end of his (or her) term. Honesty is not necessarily a path to success as a politician.
August 17, 2011 at 8:59 PM #720705Participant[quote=Nor-LA-SD-GUY2]It’s not about the ponzi, it’s about Job’s
It’s just that there is no way in heck to have an economic recovery when people are stuck, and going into foreclosure,
Well whatever, you will not get to below 6% unemployment UNTIL THE MAJORITY OF UNDERWATER HOME OWNERS ARE NO LONGER UNDER WATER,
One way or the other..The candidate who finally admits that will get my vote.[/quote]
He (or she) will get your vote and a handful of others. Unfortunately, that candidate has no chance of getting elected. Because the candidate that admits that, will also have to admit that there is no quick and easy fix. That there is no fiscal or monetary policy that can fix it. And that even if that candidate wins the election, it may not be fixed by the end of his (or her) term. Honesty is not necessarily a path to success as a politician.
August 17, 2011 at 8:59 PM #721306Participant[quote=Nor-LA-SD-GUY2]It’s not about the ponzi, it’s about Job’s
It’s just that there is no way in heck to have an economic recovery when people are stuck, and going into foreclosure,
Well whatever, you will not get to below 6% unemployment UNTIL THE MAJORITY OF UNDERWATER HOME OWNERS ARE NO LONGER UNDER WATER,
One way or the other..The candidate who finally admits that will get my vote.[/quote]
He (or she) will get your vote and a handful of others. Unfortunately, that candidate has no chance of getting elected. Because the candidate that admits that, will also have to admit that there is no quick and easy fix. That there is no fiscal or monetary policy that can fix it. And that even if that candidate wins the election, it may not be fixed by the end of his (or her) term. Honesty is not necessarily a path to success as a politician.
August 17, 2011 at 8:59 PM #721462Participant[quote=Nor-LA-SD-GUY2]It’s not about the ponzi, it’s about Job’s
It’s just that there is no way in heck to have an economic recovery when people are stuck, and going into foreclosure,
Well whatever, you will not get to below 6% unemployment UNTIL THE MAJORITY OF UNDERWATER HOME OWNERS ARE NO LONGER UNDER WATER,
One way or the other..The candidate who finally admits that will get my vote.[/quote]
He (or she) will get your vote and a handful of others. Unfortunately, that candidate has no chance of getting elected. Because the candidate that admits that, will also have to admit that there is no quick and easy fix. That there is no fiscal or monetary policy that can fix it. And that even if that candidate wins the election, it may not be fixed by the end of his (or her) term. Honesty is not necessarily a path to success as a politician.
August 17, 2011 at 8:59 PM #721825Participant[quote=Nor-LA-SD-GUY2]It’s not about the ponzi, it’s about Job’s
It’s just that there is no way in heck to have an economic recovery when people are stuck, and going into foreclosure,
Well whatever, you will not get to below 6% unemployment UNTIL THE MAJORITY OF UNDERWATER HOME OWNERS ARE NO LONGER UNDER WATER,
One way or the other..The candidate who finally admits that will get my vote.[/quote]
He (or she) will get your vote and a handful of others. Unfortunately, that candidate has no chance of getting elected. Because the candidate that admits that, will also have to admit that there is no quick and easy fix. That there is no fiscal or monetary policy that can fix it. And that even if that candidate wins the election, it may not be fixed by the end of his (or her) term. Honesty is not necessarily a path to success as a politician.
August 17, 2011 at 9:20 PM #720635CardiffBaseball
ParticipantNor-LA-SD-GUY2 let me ask this, and I thought I asked it once but might have forgotten.
Let’s say I am going to purchase a house and I have a very stable job expected to last another 10 years (hypothetical for sure). Furthermore I need to extract some cash from 401k to cover some of costs. Let’s say my 401k is 100k and use a 50k loan to cover costs. Paying the loan back of course is after tax, and without getting into Amort tables, let’s just say I am paying back 50k at 4.5% for 6 years.
Technically I’ve borrowed money, that I must pay back with interest. A catastrophic firing, or losing my job in some way where I’d have to either pay it all back or take penalties, could happen but let’s say it doesn’t and in 6 years I’ve paid the loan off.
If the Fed is indeed basically an arm of the government as NON-conspiracy theorists would suggest, is the US Debt the same thing as the 401k loan? By the way too bad they couldn’t just kill Sallie Mae as a company and burn up the debt. Imagine the $$$ floating in the economy. Obviously there are actual investors involved in SM and you can’t do that, but damn I can dream once in a while.
August 17, 2011 at 9:20 PM #720725ParticipantNor-LA-SD-GUY2 let me ask this, and I thought I asked it once but might have forgotten.
Let’s say I am going to purchase a house and I have a very stable job expected to last another 10 years (hypothetical for sure). Furthermore I need to extract some cash from 401k to cover some of costs. Let’s say my 401k is 100k and use a 50k loan to cover costs. Paying the loan back of course is after tax, and without getting into Amort tables, let’s just say I am paying back 50k at 4.5% for 6 years.
Technically I’ve borrowed money, that I must pay back with interest. A catastrophic firing, or losing my job in some way where I’d have to either pay it all back or take penalties, could happen but let’s say it doesn’t and in 6 years I’ve paid the loan off.
If the Fed is indeed basically an arm of the government as NON-conspiracy theorists would suggest, is the US Debt the same thing as the 401k loan? By the way too bad they couldn’t just kill Sallie Mae as a company and burn up the debt. Imagine the $$$ floating in the economy. Obviously there are actual investors involved in SM and you can’t do that, but damn I can dream once in a while.
August 17, 2011 at 9:20 PM #721326ParticipantNor-LA-SD-GUY2 let me ask this, and I thought I asked it once but might have forgotten.
Let’s say I am going to purchase a house and I have a very stable job expected to last another 10 years (hypothetical for sure). Furthermore I need to extract some cash from 401k to cover some of costs. Let’s say my 401k is 100k and use a 50k loan to cover costs. Paying the loan back of course is after tax, and without getting into Amort tables, let’s just say I am paying back 50k at 4.5% for 6 years.
Technically I’ve borrowed money, that I must pay back with interest. A catastrophic firing, or losing my job in some way where I’d have to either pay it all back or take penalties, could happen but let’s say it doesn’t and in 6 years I’ve paid the loan off.
If the Fed is indeed basically an arm of the government as NON-conspiracy theorists would suggest, is the US Debt the same thing as the 401k loan? By the way too bad they couldn’t just kill Sallie Mae as a company and burn up the debt. Imagine the $$$ floating in the economy. Obviously there are actual investors involved in SM and you can’t do that, but damn I can dream once in a while.
August 17, 2011 at 9:20 PM #721482ParticipantNor-LA-SD-GUY2 let me ask this, and I thought I asked it once but might have forgotten.
Let’s say I am going to purchase a house and I have a very stable job expected to last another 10 years (hypothetical for sure). Furthermore I need to extract some cash from 401k to cover some of costs. Let’s say my 401k is 100k and use a 50k loan to cover costs. Paying the loan back of course is after tax, and without getting into Amort tables, let’s just say I am paying back 50k at 4.5% for 6 years.
Technically I’ve borrowed money, that I must pay back with interest. A catastrophic firing, or losing my job in some way where I’d have to either pay it all back or take penalties, could happen but let’s say it doesn’t and in 6 years I’ve paid the loan off.
If the Fed is indeed basically an arm of the government as NON-conspiracy theorists would suggest, is the US Debt the same thing as the 401k loan? By the way too bad they couldn’t just kill Sallie Mae as a company and burn up the debt. Imagine the $$$ floating in the economy. Obviously there are actual investors involved in SM and you can’t do that, but damn I can dream once in a while.
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