The greatest theft in American history…

[SD Realtor]

We all lose Arraya. We all lose. It is very very sad and I cannot disagree more with the way our government is operating now and has operated before.

[jonnycsd]

I add my concurrence to the list. None of this will change without major political reform. The status quo will produce the same shell game regardless of which party is calling the shots. Because of gerrymandering the parties no longer answer to the people, but rather to their financial patrons.

[jonnycsd]

I add my concurrence to the list. None of this will change without major political reform. The status quo will produce the same shell game regardless of which party is calling the shots. Because of gerrymandering the parties no longer answer to the people, but rather to their financial patrons.

[jonnycsd]

I add my concurrence to the list. None of this will change without major political reform. The status quo will produce the same shell game regardless of which party is calling the shots. Because of gerrymandering the parties no longer answer to the people, but rather to their financial patrons.

[jonnycsd]

I add my concurrence to the list. None of this will change without major political reform. The status quo will produce the same shell game regardless of which party is calling the shots. Because of gerrymandering the parties no longer answer to the people, but rather to their financial patrons.

[jonnycsd]

I add my concurrence to the list. None of this will change without major political reform. The status quo will produce the same shell game regardless of which party is calling the shots. Because of gerrymandering the parties no longer answer to the people, but rather to their financial patrons.

[blahblahblah]

The purpose of these tax credits and government interventions in the housing market is the same as their manipulations in the health insurance market. Since we no longer employ people in productive work making goods for export, we have to keep them busy pushing paper. By artificially raising the prices of both housing and health insurance, we are able to employ millions of paper-pushing bureaucrats and attorneys to do worthless tasks. Even though they work for ostensibly private companies, they are basically government bureaucrats since without government intervention their jobs would not exist. Any attempt to change this system will incite howls of protest from these “industries” as they fight to protect their jobs.

[blahblahblah]

The purpose of these tax credits and government interventions in the housing market is the same as their manipulations in the health insurance market. Since we no longer employ people in productive work making goods for export, we have to keep them busy pushing paper. By artificially raising the prices of both housing and health insurance, we are able to employ millions of paper-pushing bureaucrats and attorneys to do worthless tasks. Even though they work for ostensibly private companies, they are basically government bureaucrats since without government intervention their jobs would not exist. Any attempt to change this system will incite howls of protest from these “industries” as they fight to protect their jobs.

[blahblahblah]

The purpose of these tax credits and government interventions in the housing market is the same as their manipulations in the health insurance market. Since we no longer employ people in productive work making goods for export, we have to keep them busy pushing paper. By artificially raising the prices of both housing and health insurance, we are able to employ millions of paper-pushing bureaucrats and attorneys to do worthless tasks. Even though they work for ostensibly private companies, they are basically government bureaucrats since without government intervention their jobs would not exist. Any attempt to change this system will incite howls of protest from these “industries” as they fight to protect their jobs.

[blahblahblah]

The purpose of these tax credits and government interventions in the housing market is the same as their manipulations in the health insurance market. Since we no longer employ people in productive work making goods for export, we have to keep them busy pushing paper. By artificially raising the prices of both housing and health insurance, we are able to employ millions of paper-pushing bureaucrats and attorneys to do worthless tasks. Even though they work for ostensibly private companies, they are basically government bureaucrats since without government intervention their jobs would not exist. Any attempt to change this system will incite howls of protest from these “industries” as they fight to protect their jobs.

[blahblahblah]

The purpose of these tax credits and government interventions in the housing market is the same as their manipulations in the health insurance market. Since we no longer employ people in productive work making goods for export, we have to keep them busy pushing paper. By artificially raising the prices of both housing and health insurance, we are able to employ millions of paper-pushing bureaucrats and attorneys to do worthless tasks. Even though they work for ostensibly private companies, they are basically government bureaucrats since without government intervention their jobs would not exist. Any attempt to change this system will incite howls of protest from these “industries” as they fight to protect their jobs.

[pemeliza]

I think people that are wondering why the government is doing what they are doing need to consider these numbers:

“First American CoreLogic reports that 26% of homeowners with a mortgage had substantial equity, or paper profit, in their properties at the end of June in the Los Angeles-Orange area. More data:

* 35% were underwater, owing more than their homes were worth.
* 39% were within 5% of being underwater.”

These numbers are ridiculously bad and likely historically unprecedented. If it is this bad with all the massive intervention, imagine what it would be like without it. We are currently down to 02-03 price levels in most of SD county and probably headed towards 00-01 price levels as it is. Do we really want 95-96 price levels (which were the same as late 80 price levels). That is two lost decades and would be Japan level statistics. I suppose it could happen but I’m pretty sure most people are vastly unprepared for the consequences even if you are sitting on a pile of cash or think you have a stable job.

[pemeliza]

I think people that are wondering why the government is doing what they are doing need to consider these numbers:

“First American CoreLogic reports that 26% of homeowners with a mortgage had substantial equity, or paper profit, in their properties at the end of June in the Los Angeles-Orange area. More data:

* 35% were underwater, owing more than their homes were worth.
* 39% were within 5% of being underwater.”

These numbers are ridiculously bad and likely historically unprecedented. If it is this bad with all the massive intervention, imagine what it would be like without it. We are currently down to 02-03 price levels in most of SD county and probably headed towards 00-01 price levels as it is. Do we really want 95-96 price levels (which were the same as late 80 price levels). That is two lost decades and would be Japan level statistics. I suppose it could happen but I’m pretty sure most people are vastly unprepared for the consequences even if you are sitting on a pile of cash or think you have a stable job.

[pemeliza]

I think people that are wondering why the government is doing what they are doing need to consider these numbers:

“First American CoreLogic reports that 26% of homeowners with a mortgage had substantial equity, or paper profit, in their properties at the end of June in the Los Angeles-Orange area. More data:

* 35% were underwater, owing more than their homes were worth.
* 39% were within 5% of being underwater.”

These numbers are ridiculously bad and likely historically unprecedented. If it is this bad with all the massive intervention, imagine what it would be like without it. We are currently down to 02-03 price levels in most of SD county and probably headed towards 00-01 price levels as it is. Do we really want 95-96 price levels (which were the same as late 80 price levels). That is two lost decades and would be Japan level statistics. I suppose it could happen but I’m pretty sure most people are vastly unprepared for the consequences even if you are sitting on a pile of cash or think you have a stable job.

[pemeliza]

I think people that are wondering why the government is doing what they are doing need to consider these numbers:

“First American CoreLogic reports that 26% of homeowners with a mortgage had substantial equity, or paper profit, in their properties at the end of June in the Los Angeles-Orange area. More data:

* 35% were underwater, owing more than their homes were worth.
* 39% were within 5% of being underwater.”

These numbers are ridiculously bad and likely historically unprecedented. If it is this bad with all the massive intervention, imagine what it would be like without it. We are currently down to 02-03 price levels in most of SD county and probably headed towards 00-01 price levels as it is. Do we really want 95-96 price levels (which were the same as late 80 price levels). That is two lost decades and would be Japan level statistics. I suppose it could happen but I’m pretty sure most people are vastly unprepared for the consequences even if you are sitting on a pile of cash or think you have a stable job.

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