Off Topic Clip of Peloski’s speech that cratered deal. She should resign.

[patientlywaiting]

[quote=jficquette]
Guys, this is why I am so anti government. We give them $3 Trillion a year to spend. After seeing how incompetent they are on big issues just imagine all the other stupid things they do. Can’t yall just imagine for a minute how much we must waste of that $3 Trillion? I bet GE could figure out a way to cut out half.

I really believe that the first challenge that a generation has is to do what it takes to make it better for the next generation. What we are doing is and for the first time in our history intentionally making it worst for the generation to come. So, in a way it would be appropriate for this to crash now and let this generation, the baby boomers who caused this, pay for it.

John

[/quote]

This I agree with 100%.

[patientlywaiting]

[quote=jficquette]

Its funny how all this started to accelerate right after they raised the limits on what the GSE’s could buy. Congress was pushing them to buy more and more. What’s also funny was in 2003 you had the idea of cutting them back, in 2007 you force them to expand and in 2008 you buy them.

[/quote]

Just one year ago we were talking about loan limits that the GSEs could buy, or FHA could insure. Some here, including Realtors, argued that such gimmicks would put a floor under home prices.

Democrats supported raising of the loan limits and expanded the GSEs. Big mistake.

BTW, I’m dead set against housing subsidies (mortgage tax deductions, bailouts, etc..) as I believe that the market just prices the benefits into houses, thus canceling the benefits. Thus the subsidies help the industry but no home buyers.

I think that best way to make housing affordable for average Americans is to phase-out the mortgage interest deduction and other tax benefits. That would reduce house prices and raise revenues to help pay for our deficit.

[patientlywaiting]

[quote=jficquette]

Its funny how all this started to accelerate right after they raised the limits on what the GSE’s could buy. Congress was pushing them to buy more and more. What’s also funny was in 2003 you had the idea of cutting them back, in 2007 you force them to expand and in 2008 you buy them.

[/quote]

Just one year ago we were talking about loan limits that the GSEs could buy, or FHA could insure. Some here, including Realtors, argued that such gimmicks would put a floor under home prices.

Democrats supported raising of the loan limits and expanded the GSEs. Big mistake.

BTW, I’m dead set against housing subsidies (mortgage tax deductions, bailouts, etc..) as I believe that the market just prices the benefits into houses, thus canceling the benefits. Thus the subsidies help the industry but no home buyers.

I think that best way to make housing affordable for average Americans is to phase-out the mortgage interest deduction and other tax benefits. That would reduce house prices and raise revenues to help pay for our deficit.

[patientlywaiting]

[quote=jficquette]

Its funny how all this started to accelerate right after they raised the limits on what the GSE’s could buy. Congress was pushing them to buy more and more. What’s also funny was in 2003 you had the idea of cutting them back, in 2007 you force them to expand and in 2008 you buy them.

[/quote]

Just one year ago we were talking about loan limits that the GSEs could buy, or FHA could insure. Some here, including Realtors, argued that such gimmicks would put a floor under home prices.

Democrats supported raising of the loan limits and expanded the GSEs. Big mistake.

BTW, I’m dead set against housing subsidies (mortgage tax deductions, bailouts, etc..) as I believe that the market just prices the benefits into houses, thus canceling the benefits. Thus the subsidies help the industry but no home buyers.

I think that best way to make housing affordable for average Americans is to phase-out the mortgage interest deduction and other tax benefits. That would reduce house prices and raise revenues to help pay for our deficit.

[patientlywaiting]

[quote=jficquette]

Its funny how all this started to accelerate right after they raised the limits on what the GSE’s could buy. Congress was pushing them to buy more and more. What’s also funny was in 2003 you had the idea of cutting them back, in 2007 you force them to expand and in 2008 you buy them.

[/quote]

Just one year ago we were talking about loan limits that the GSEs could buy, or FHA could insure. Some here, including Realtors, argued that such gimmicks would put a floor under home prices.

Democrats supported raising of the loan limits and expanded the GSEs. Big mistake.

BTW, I’m dead set against housing subsidies (mortgage tax deductions, bailouts, etc..) as I believe that the market just prices the benefits into houses, thus canceling the benefits. Thus the subsidies help the industry but no home buyers.

I think that best way to make housing affordable for average Americans is to phase-out the mortgage interest deduction and other tax benefits. That would reduce house prices and raise revenues to help pay for our deficit.

[patientlywaiting]

[quote=jficquette]

Its funny how all this started to accelerate right after they raised the limits on what the GSE’s could buy. Congress was pushing them to buy more and more. What’s also funny was in 2003 you had the idea of cutting them back, in 2007 you force them to expand and in 2008 you buy them.

[/quote]

Just one year ago we were talking about loan limits that the GSEs could buy, or FHA could insure. Some here, including Realtors, argued that such gimmicks would put a floor under home prices.

Democrats supported raising of the loan limits and expanded the GSEs. Big mistake.

BTW, I’m dead set against housing subsidies (mortgage tax deductions, bailouts, etc..) as I believe that the market just prices the benefits into houses, thus canceling the benefits. Thus the subsidies help the industry but no home buyers.

I think that best way to make housing affordable for average Americans is to phase-out the mortgage interest deduction and other tax benefits. That would reduce house prices and raise revenues to help pay for our deficit.

[jficquette]

Patientlywaiting, I remember us talking about it. lol.

I agree with you too about the mortgage tax deduction and how to make housing affortable. Very insightful. Thanks.

How do you feel about Property Taxes and its effect on pricing?

John

[jficquette]

Patientlywaiting, I remember us talking about it. lol.

I agree with you too about the mortgage tax deduction and how to make housing affortable. Very insightful. Thanks.

How do you feel about Property Taxes and its effect on pricing?

John

[jficquette]

Patientlywaiting, I remember us talking about it. lol.

I agree with you too about the mortgage tax deduction and how to make housing affortable. Very insightful. Thanks.

How do you feel about Property Taxes and its effect on pricing?

John

[jficquette]

Patientlywaiting, I remember us talking about it. lol.

I agree with you too about the mortgage tax deduction and how to make housing affortable. Very insightful. Thanks.

How do you feel about Property Taxes and its effect on pricing?

John

[jficquette]

Patientlywaiting, I remember us talking about it. lol.

I agree with you too about the mortgage tax deduction and how to make housing affortable. Very insightful. Thanks.

How do you feel about Property Taxes and its effect on pricing?

John

[Ricechex]

[quote=jficquette]

Guys, this is why I am so anti government. We give them $3 Trillion a year to spend. After seeing how incompetent they are on big issues just imagine all the other stupid things they do. Can’t yall just imagine for a minute how much we must waste of that $3 Trillion? I bet GE could figure out a way to cut out half.

[/quote]

Lemme tell ya all….I am a government employee. 12 years. I have seen waste beyond belief. My boss is a doofus and is afraid of everything. They make excessive rules and guidelines that go against common sense. Would I trust the government to use my money effectively? Hell no. I just can’t think of any better alternatives.

[Ricechex]

[quote=jficquette]

Guys, this is why I am so anti government. We give them $3 Trillion a year to spend. After seeing how incompetent they are on big issues just imagine all the other stupid things they do. Can’t yall just imagine for a minute how much we must waste of that $3 Trillion? I bet GE could figure out a way to cut out half.

[/quote]

Lemme tell ya all….I am a government employee. 12 years. I have seen waste beyond belief. My boss is a doofus and is afraid of everything. They make excessive rules and guidelines that go against common sense. Would I trust the government to use my money effectively? Hell no. I just can’t think of any better alternatives.

[Ricechex]

[quote=jficquette]

Guys, this is why I am so anti government. We give them $3 Trillion a year to spend. After seeing how incompetent they are on big issues just imagine all the other stupid things they do. Can’t yall just imagine for a minute how much we must waste of that $3 Trillion? I bet GE could figure out a way to cut out half.

[/quote]

Lemme tell ya all….I am a government employee. 12 years. I have seen waste beyond belief. My boss is a doofus and is afraid of everything. They make excessive rules and guidelines that go against common sense. Would I trust the government to use my money effectively? Hell no. I just can’t think of any better alternatives.

[Ricechex]

[quote=jficquette]

Guys, this is why I am so anti government. We give them $3 Trillion a year to spend. After seeing how incompetent they are on big issues just imagine all the other stupid things they do. Can’t yall just imagine for a minute how much we must waste of that $3 Trillion? I bet GE could figure out a way to cut out half.

[/quote]

Lemme tell ya all….I am a government employee. 12 years. I have seen waste beyond belief. My boss is a doofus and is afraid of everything. They make excessive rules and guidelines that go against common sense. Would I trust the government to use my money effectively? Hell no. I just can’t think of any better alternatives.

[Author]

Posts