[cr]

I love it. You’re a financial and RE investment GENIUS who makes Warren Buffet look like Warren Buffoon when you “time” the RE market perfectly and you’re riding high on a sea of equity making you an instant housing lotto millionaire.

Then the bubble pops.

Reality sets in.

You realize equity is only wealth if you sell.

Now, you’re a helpless victim, “hornswoggled” into a mortgage you didn’t know you couldn’t afford, by some evil greedy bank actually trying to make money. Oh the horror! And now you can’t sell your house to someone else who can’t afford it, and can’t cash in on more money you worked so hard to earn.

Some “professional”.

This country has a lot to learn about responsibility.

[cr]

I love it. You’re a financial and RE investment GENIUS who makes Warren Buffet look like Warren Buffoon when you “time” the RE market perfectly and you’re riding high on a sea of equity making you an instant housing lotto millionaire.

Then the bubble pops.

Reality sets in.

You realize equity is only wealth if you sell.

Now, you’re a helpless victim, “hornswoggled” into a mortgage you didn’t know you couldn’t afford, by some evil greedy bank actually trying to make money. Oh the horror! And now you can’t sell your house to someone else who can’t afford it, and can’t cash in on more money you worked so hard to earn.

Some “professional”.

This country has a lot to learn about responsibility.

[cr]

I love it. You’re a financial and RE investment GENIUS who makes Warren Buffet look like Warren Buffoon when you “time” the RE market perfectly and you’re riding high on a sea of equity making you an instant housing lotto millionaire.

Then the bubble pops.

Reality sets in.

You realize equity is only wealth if you sell.

Now, you’re a helpless victim, “hornswoggled” into a mortgage you didn’t know you couldn’t afford, by some evil greedy bank actually trying to make money. Oh the horror! And now you can’t sell your house to someone else who can’t afford it, and can’t cash in on more money you worked so hard to earn.

Some “professional”.

This country has a lot to learn about responsibility.

[cr]

I love it. You’re a financial and RE investment GENIUS who makes Warren Buffet look like Warren Buffoon when you “time” the RE market perfectly and you’re riding high on a sea of equity making you an instant housing lotto millionaire.

Then the bubble pops.

Reality sets in.

You realize equity is only wealth if you sell.

Now, you’re a helpless victim, “hornswoggled” into a mortgage you didn’t know you couldn’t afford, by some evil greedy bank actually trying to make money. Oh the horror! And now you can’t sell your house to someone else who can’t afford it, and can’t cash in on more money you worked so hard to earn.

Some “professional”.

This country has a lot to learn about responsibility.

[cr]

I love it. You’re a financial and RE investment GENIUS who makes Warren Buffet look like Warren Buffoon when you “time” the RE market perfectly and you’re riding high on a sea of equity making you an instant housing lotto millionaire.

Then the bubble pops.

Reality sets in.

You realize equity is only wealth if you sell.

Now, you’re a helpless victim, “hornswoggled” into a mortgage you didn’t know you couldn’t afford, by some evil greedy bank actually trying to make money. Oh the horror! And now you can’t sell your house to someone else who can’t afford it, and can’t cash in on more money you worked so hard to earn.

Some “professional”.

This country has a lot to learn about responsibility.

[cr]

Good find AN.

Some of you are are missing the point. Bigger Govt is not a solution. It’s the problem. I’ve said all along the bailouts are wrong and most agree, yet many here are now calling for socialism everywhere else.

Do you really want the Government handling Healthcare, Banks, Housing or job creation? I’m dumbfounded by the things you guys say these days, and reminded of when Peter Schiff said the Govt can’t manage the post office, how can they manage banks?

Any job created by the Govt is funded by taxes, as is any social program. Everyone who works will pay more eventually if this happens.

I’m amazed at the shift in social issues I’ve seen on piggington. How so many of you made the shift from Ron Paul to Obama, and now support his socialist causes is beyond me.

qwerty007 – what’s the difference if by raising taxes Obama gives the benefits from that money to people who have done nothing to work for it?

More handouts for the lazy, and let’s be clear – poor is NOT necessarily lazy. Poor is primarily hard on luck. Lazy is living on welfare b/c it’s easier than getting a job. Now you want more publicly subsidized programs for these people?

Unless that’s the goal you all have in mind, then you really ought to think past the Obamanation propaganda you’ve so easily subscribed to.

[cr]

Good find AN.

Some of you are are missing the point. Bigger Govt is not a solution. It’s the problem. I’ve said all along the bailouts are wrong and most agree, yet many here are now calling for socialism everywhere else.

Do you really want the Government handling Healthcare, Banks, Housing or job creation? I’m dumbfounded by the things you guys say these days, and reminded of when Peter Schiff said the Govt can’t manage the post office, how can they manage banks?

Any job created by the Govt is funded by taxes, as is any social program. Everyone who works will pay more eventually if this happens.

I’m amazed at the shift in social issues I’ve seen on piggington. How so many of you made the shift from Ron Paul to Obama, and now support his socialist causes is beyond me.

qwerty007 – what’s the difference if by raising taxes Obama gives the benefits from that money to people who have done nothing to work for it?

More handouts for the lazy, and let’s be clear – poor is NOT necessarily lazy. Poor is primarily hard on luck. Lazy is living on welfare b/c it’s easier than getting a job. Now you want more publicly subsidized programs for these people?

Unless that’s the goal you all have in mind, then you really ought to think past the Obamanation propaganda you’ve so easily subscribed to.

[cr]

Good find AN.

Some of you are are missing the point. Bigger Govt is not a solution. It’s the problem. I’ve said all along the bailouts are wrong and most agree, yet many here are now calling for socialism everywhere else.

Do you really want the Government handling Healthcare, Banks, Housing or job creation? I’m dumbfounded by the things you guys say these days, and reminded of when Peter Schiff said the Govt can’t manage the post office, how can they manage banks?

Any job created by the Govt is funded by taxes, as is any social program. Everyone who works will pay more eventually if this happens.

I’m amazed at the shift in social issues I’ve seen on piggington. How so many of you made the shift from Ron Paul to Obama, and now support his socialist causes is beyond me.

qwerty007 – what’s the difference if by raising taxes Obama gives the benefits from that money to people who have done nothing to work for it?

More handouts for the lazy, and let’s be clear – poor is NOT necessarily lazy. Poor is primarily hard on luck. Lazy is living on welfare b/c it’s easier than getting a job. Now you want more publicly subsidized programs for these people?

Unless that’s the goal you all have in mind, then you really ought to think past the Obamanation propaganda you’ve so easily subscribed to.

[cr]

Good find AN.

Some of you are are missing the point. Bigger Govt is not a solution. It’s the problem. I’ve said all along the bailouts are wrong and most agree, yet many here are now calling for socialism everywhere else.

Do you really want the Government handling Healthcare, Banks, Housing or job creation? I’m dumbfounded by the things you guys say these days, and reminded of when Peter Schiff said the Govt can’t manage the post office, how can they manage banks?

Any job created by the Govt is funded by taxes, as is any social program. Everyone who works will pay more eventually if this happens.

I’m amazed at the shift in social issues I’ve seen on piggington. How so many of you made the shift from Ron Paul to Obama, and now support his socialist causes is beyond me.

qwerty007 – what’s the difference if by raising taxes Obama gives the benefits from that money to people who have done nothing to work for it?

More handouts for the lazy, and let’s be clear – poor is NOT necessarily lazy. Poor is primarily hard on luck. Lazy is living on welfare b/c it’s easier than getting a job. Now you want more publicly subsidized programs for these people?

Unless that’s the goal you all have in mind, then you really ought to think past the Obamanation propaganda you’ve so easily subscribed to.

[cr]

Good find AN.

Some of you are are missing the point. Bigger Govt is not a solution. It’s the problem. I’ve said all along the bailouts are wrong and most agree, yet many here are now calling for socialism everywhere else.

Do you really want the Government handling Healthcare, Banks, Housing or job creation? I’m dumbfounded by the things you guys say these days, and reminded of when Peter Schiff said the Govt can’t manage the post office, how can they manage banks?

Any job created by the Govt is funded by taxes, as is any social program. Everyone who works will pay more eventually if this happens.

I’m amazed at the shift in social issues I’ve seen on piggington. How so many of you made the shift from Ron Paul to Obama, and now support his socialist causes is beyond me.

qwerty007 – what’s the difference if by raising taxes Obama gives the benefits from that money to people who have done nothing to work for it?

More handouts for the lazy, and let’s be clear – poor is NOT necessarily lazy. Poor is primarily hard on luck. Lazy is living on welfare b/c it’s easier than getting a job. Now you want more publicly subsidized programs for these people?

Unless that’s the goal you all have in mind, then you really ought to think past the Obamanation propaganda you’ve so easily subscribed to.

[cr]

Wow, a lot quoting going on. Also a lot of socialist talk from what I thought were level-headed piggs.

Here’s a thought. The Government collects nearly $3 Trillion in taxes each year, and yet they fail to make that profitable.

That’s pathetic, and raising taxes is a cop out of doing what needs to be done.

When a business becomes unprofitable it can’t simply raise costs arbitrarily without losing business. They have to cut costs.

How about a smaller, more efficient Government that can actually balance a budget WITHOUT raising taxes?

It doesn’t matter who ends up paying higher taxes, the NET effect will be negative: bigger Government, more welfare/socialism, more unemployment, less consumption, lower quality of life and so on.

It’s a self-destructive cycle that will only end with a smaller Government that can actually balance a budget.

[cr]

Wow, a lot quoting going on. Also a lot of socialist talk from what I thought were level-headed piggs.

Here’s a thought. The Government collects nearly $3 Trillion in taxes each year, and yet they fail to make that profitable.

That’s pathetic, and raising taxes is a cop out of doing what needs to be done.

When a business becomes unprofitable it can’t simply raise costs arbitrarily without losing business. They have to cut costs.

How about a smaller, more efficient Government that can actually balance a budget WITHOUT raising taxes?

It doesn’t matter who ends up paying higher taxes, the NET effect will be negative: bigger Government, more welfare/socialism, more unemployment, less consumption, lower quality of life and so on.

It’s a self-destructive cycle that will only end with a smaller Government that can actually balance a budget.

[cr]

Wow, a lot quoting going on. Also a lot of socialist talk from what I thought were level-headed piggs.

Here’s a thought. The Government collects nearly $3 Trillion in taxes each year, and yet they fail to make that profitable.

That’s pathetic, and raising taxes is a cop out of doing what needs to be done.

When a business becomes unprofitable it can’t simply raise costs arbitrarily without losing business. They have to cut costs.

How about a smaller, more efficient Government that can actually balance a budget WITHOUT raising taxes?

It doesn’t matter who ends up paying higher taxes, the NET effect will be negative: bigger Government, more welfare/socialism, more unemployment, less consumption, lower quality of life and so on.

It’s a self-destructive cycle that will only end with a smaller Government that can actually balance a budget.

[cr]

Wow, a lot quoting going on. Also a lot of socialist talk from what I thought were level-headed piggs.

Here’s a thought. The Government collects nearly $3 Trillion in taxes each year, and yet they fail to make that profitable.

That’s pathetic, and raising taxes is a cop out of doing what needs to be done.

When a business becomes unprofitable it can’t simply raise costs arbitrarily without losing business. They have to cut costs.

How about a smaller, more efficient Government that can actually balance a budget WITHOUT raising taxes?

It doesn’t matter who ends up paying higher taxes, the NET effect will be negative: bigger Government, more welfare/socialism, more unemployment, less consumption, lower quality of life and so on.

It’s a self-destructive cycle that will only end with a smaller Government that can actually balance a budget.

[cr]

Wow, a lot quoting going on. Also a lot of socialist talk from what I thought were level-headed piggs.

Here’s a thought. The Government collects nearly $3 Trillion in taxes each year, and yet they fail to make that profitable.

That’s pathetic, and raising taxes is a cop out of doing what needs to be done.

When a business becomes unprofitable it can’t simply raise costs arbitrarily without losing business. They have to cut costs.

How about a smaller, more efficient Government that can actually balance a budget WITHOUT raising taxes?

It doesn’t matter who ends up paying higher taxes, the NET effect will be negative: bigger Government, more welfare/socialism, more unemployment, less consumption, lower quality of life and so on.

It’s a self-destructive cycle that will only end with a smaller Government that can actually balance a budget.

[Author]

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