[4plexowner]

“We have enough resources in North America to create our own economy that is not in anyway reliant on the rest of the world at all.”

[img_assist|nid=12000|title=US oil imports|desc=|link=node|align=left|width=400|height=372]

“We have enough resources in North America” as long as you ignore the fact that we import more than 60% of the petroleum that we use …

[4plexowner]

“We have enough resources in North America to create our own economy that is not in anyway reliant on the rest of the world at all.”

[img_assist|nid=12000|title=US oil imports|desc=|link=node|align=left|width=400|height=372]

“We have enough resources in North America” as long as you ignore the fact that we import more than 60% of the petroleum that we use …

[4plexowner]

“We have enough resources in North America to create our own economy that is not in anyway reliant on the rest of the world at all.”

[img_assist|nid=12000|title=US oil imports|desc=|link=node|align=left|width=400|height=372]

“We have enough resources in North America” as long as you ignore the fact that we import more than 60% of the petroleum that we use …

[4plexowner]

“We have enough resources in North America to create our own economy that is not in anyway reliant on the rest of the world at all.”

[img_assist|nid=12000|title=US oil imports|desc=|link=node|align=left|width=400|height=372]

“We have enough resources in North America” as long as you ignore the fact that we import more than 60% of the petroleum that we use …

[4plexowner]

“We have enough resources in North America to create our own economy that is not in anyway reliant on the rest of the world at all.”

[img_assist|nid=12000|title=US oil imports|desc=|link=node|align=left|width=400|height=372]

“We have enough resources in North America” as long as you ignore the fact that we import more than 60% of the petroleum that we use …

[4plexowner]

“hopelessly upside down on a townhouse in San Marcos, he’s locked into a 9 % fixed rate, paying about $4500/mo for a 2 BR townhouse”

“those that don’t do it will be labeled as “suckers””

I have a hard time with the walk-away issue

the way I was raised makes me think that we should all honor the commitments we make – if you sign on the dotted line you should do everything in your power to honor that commitment

but then I read something like the first quote and think, “sucker!!!”

suckered into the housing bubble, suckered into taking on a too large mortgage payment, suckered into doing the ‘right thing’ by continuing to make payments on the mortgage – sucker!

logic tells me that the person being referred to will ultimately lose the townhouse so he might as well walk away (or at least stop making payments) before doing anymore damage to his finances

ethics vs logic – not an easy issue to resolve

[4plexowner]

“hopelessly upside down on a townhouse in San Marcos, he’s locked into a 9 % fixed rate, paying about $4500/mo for a 2 BR townhouse”

“those that don’t do it will be labeled as “suckers””

I have a hard time with the walk-away issue

the way I was raised makes me think that we should all honor the commitments we make – if you sign on the dotted line you should do everything in your power to honor that commitment

but then I read something like the first quote and think, “sucker!!!”

suckered into the housing bubble, suckered into taking on a too large mortgage payment, suckered into doing the ‘right thing’ by continuing to make payments on the mortgage – sucker!

logic tells me that the person being referred to will ultimately lose the townhouse so he might as well walk away (or at least stop making payments) before doing anymore damage to his finances

ethics vs logic – not an easy issue to resolve

[4plexowner]

“hopelessly upside down on a townhouse in San Marcos, he’s locked into a 9 % fixed rate, paying about $4500/mo for a 2 BR townhouse”

“those that don’t do it will be labeled as “suckers””

I have a hard time with the walk-away issue

the way I was raised makes me think that we should all honor the commitments we make – if you sign on the dotted line you should do everything in your power to honor that commitment

but then I read something like the first quote and think, “sucker!!!”

suckered into the housing bubble, suckered into taking on a too large mortgage payment, suckered into doing the ‘right thing’ by continuing to make payments on the mortgage – sucker!

logic tells me that the person being referred to will ultimately lose the townhouse so he might as well walk away (or at least stop making payments) before doing anymore damage to his finances

ethics vs logic – not an easy issue to resolve

[4plexowner]

“hopelessly upside down on a townhouse in San Marcos, he’s locked into a 9 % fixed rate, paying about $4500/mo for a 2 BR townhouse”

“those that don’t do it will be labeled as “suckers””

I have a hard time with the walk-away issue

the way I was raised makes me think that we should all honor the commitments we make – if you sign on the dotted line you should do everything in your power to honor that commitment

but then I read something like the first quote and think, “sucker!!!”

suckered into the housing bubble, suckered into taking on a too large mortgage payment, suckered into doing the ‘right thing’ by continuing to make payments on the mortgage – sucker!

logic tells me that the person being referred to will ultimately lose the townhouse so he might as well walk away (or at least stop making payments) before doing anymore damage to his finances

ethics vs logic – not an easy issue to resolve

[4plexowner]

“hopelessly upside down on a townhouse in San Marcos, he’s locked into a 9 % fixed rate, paying about $4500/mo for a 2 BR townhouse”

“those that don’t do it will be labeled as “suckers””

I have a hard time with the walk-away issue

the way I was raised makes me think that we should all honor the commitments we make – if you sign on the dotted line you should do everything in your power to honor that commitment

but then I read something like the first quote and think, “sucker!!!”

suckered into the housing bubble, suckered into taking on a too large mortgage payment, suckered into doing the ‘right thing’ by continuing to make payments on the mortgage – sucker!

logic tells me that the person being referred to will ultimately lose the townhouse so he might as well walk away (or at least stop making payments) before doing anymore damage to his finances

ethics vs logic – not an easy issue to resolve

[4plexowner]

wasn’t disagreeing with you, Chris

just seemed that you were making the investment gains out to be a positive – like they were a side-effect and didn’t cost anything

[4plexowner]

wasn’t disagreeing with you, Chris

just seemed that you were making the investment gains out to be a positive – like they were a side-effect and didn’t cost anything

[4plexowner]

wasn’t disagreeing with you, Chris

just seemed that you were making the investment gains out to be a positive – like they were a side-effect and didn’t cost anything

[4plexowner]

wasn’t disagreeing with you, Chris

just seemed that you were making the investment gains out to be a positive – like they were a side-effect and didn’t cost anything

[4plexowner]

wasn’t disagreeing with you, Chris

just seemed that you were making the investment gains out to be a positive – like they were a side-effect and didn’t cost anything

[Author]

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