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DWCAP
ParticipantI stand corrected. WWI/II didnt sound right, but I couldnt put my finger on the right war. Should have done my HW, my old history professor prob just cryed alittle inside. Even so, my point still stands, if not is reinforced. In the US Gov. nothing is ever temporary unless policically unpopular. This is politically popular.
DWCAP
ParticipantI stand corrected. WWI/II didnt sound right, but I couldnt put my finger on the right war. Should have done my HW, my old history professor prob just cryed alittle inside. Even so, my point still stands, if not is reinforced. In the US Gov. nothing is ever temporary unless policically unpopular. This is politically popular.
DWCAP
ParticipantI stand corrected. WWI/II didnt sound right, but I couldnt put my finger on the right war. Should have done my HW, my old history professor prob just cryed alittle inside. Even so, my point still stands, if not is reinforced. In the US Gov. nothing is ever temporary unless policically unpopular. This is politically popular.
DWCAP
ParticipantI stand corrected. WWI/II didnt sound right, but I couldnt put my finger on the right war. Should have done my HW, my old history professor prob just cryed alittle inside. Even so, my point still stands, if not is reinforced. In the US Gov. nothing is ever temporary unless policically unpopular. This is politically popular.
DWCAP
ParticipantYou assume that the conforming loan limit would be allowed to go back down in the future. Politics and the NAR would never allow that to happen once the cat is outa the bag. Remember, this is the government that gave us a rebate on our taxes last year because they were still collecting a tax on telephones that was inacted to pay for WWI ( or WWII, I forget). Either way that was 60-80+ years of taxation. Temporary isnt really temporary, it just means that they will have to pass another “fix” next year. It lets a Pol tell you they are doing something when they really are not, and keeps the PAC and special interest lobby money rolling in. If you want an example, think the alternative minimum tax that is so loathed on this board. Every year it is indexed up alittle so the middle class doesn’t revolt, but left open because if they fixed it, they would have to account for the Ten’s of Billions of dollars that would be lost in tax revenue.
DWCAP
ParticipantYou assume that the conforming loan limit would be allowed to go back down in the future. Politics and the NAR would never allow that to happen once the cat is outa the bag. Remember, this is the government that gave us a rebate on our taxes last year because they were still collecting a tax on telephones that was inacted to pay for WWI ( or WWII, I forget). Either way that was 60-80+ years of taxation. Temporary isnt really temporary, it just means that they will have to pass another “fix” next year. It lets a Pol tell you they are doing something when they really are not, and keeps the PAC and special interest lobby money rolling in. If you want an example, think the alternative minimum tax that is so loathed on this board. Every year it is indexed up alittle so the middle class doesn’t revolt, but left open because if they fixed it, they would have to account for the Ten’s of Billions of dollars that would be lost in tax revenue.
DWCAP
ParticipantYou assume that the conforming loan limit would be allowed to go back down in the future. Politics and the NAR would never allow that to happen once the cat is outa the bag. Remember, this is the government that gave us a rebate on our taxes last year because they were still collecting a tax on telephones that was inacted to pay for WWI ( or WWII, I forget). Either way that was 60-80+ years of taxation. Temporary isnt really temporary, it just means that they will have to pass another “fix” next year. It lets a Pol tell you they are doing something when they really are not, and keeps the PAC and special interest lobby money rolling in. If you want an example, think the alternative minimum tax that is so loathed on this board. Every year it is indexed up alittle so the middle class doesn’t revolt, but left open because if they fixed it, they would have to account for the Ten’s of Billions of dollars that would be lost in tax revenue.
DWCAP
ParticipantYou assume that the conforming loan limit would be allowed to go back down in the future. Politics and the NAR would never allow that to happen once the cat is outa the bag. Remember, this is the government that gave us a rebate on our taxes last year because they were still collecting a tax on telephones that was inacted to pay for WWI ( or WWII, I forget). Either way that was 60-80+ years of taxation. Temporary isnt really temporary, it just means that they will have to pass another “fix” next year. It lets a Pol tell you they are doing something when they really are not, and keeps the PAC and special interest lobby money rolling in. If you want an example, think the alternative minimum tax that is so loathed on this board. Every year it is indexed up alittle so the middle class doesn’t revolt, but left open because if they fixed it, they would have to account for the Ten’s of Billions of dollars that would be lost in tax revenue.
DWCAP
ParticipantYou assume that the conforming loan limit would be allowed to go back down in the future. Politics and the NAR would never allow that to happen once the cat is outa the bag. Remember, this is the government that gave us a rebate on our taxes last year because they were still collecting a tax on telephones that was inacted to pay for WWI ( or WWII, I forget). Either way that was 60-80+ years of taxation. Temporary isnt really temporary, it just means that they will have to pass another “fix” next year. It lets a Pol tell you they are doing something when they really are not, and keeps the PAC and special interest lobby money rolling in. If you want an example, think the alternative minimum tax that is so loathed on this board. Every year it is indexed up alittle so the middle class doesn’t revolt, but left open because if they fixed it, they would have to account for the Ten’s of Billions of dollars that would be lost in tax revenue.
DWCAP
ParticipantThis sounds alot like what the rest of SD did in late 2006, early 2007. Attached units falling, detached units just not selling very much. Crazy/terrible/destructive financing creaping into the picture, but stong economy of the past giving a sales history that doesnt indicate the pending drop. Belief that the end (of the correction) is near and that Uncle ben and his easy bake interest rate rice will spur consumer hunger again. Denial and entitlement abounding, holding everything together.
And look where the rest of SD is…..DWCAP
ParticipantThis sounds alot like what the rest of SD did in late 2006, early 2007. Attached units falling, detached units just not selling very much. Crazy/terrible/destructive financing creaping into the picture, but stong economy of the past giving a sales history that doesnt indicate the pending drop. Belief that the end (of the correction) is near and that Uncle ben and his easy bake interest rate rice will spur consumer hunger again. Denial and entitlement abounding, holding everything together.
And look where the rest of SD is…..DWCAP
ParticipantThis sounds alot like what the rest of SD did in late 2006, early 2007. Attached units falling, detached units just not selling very much. Crazy/terrible/destructive financing creaping into the picture, but stong economy of the past giving a sales history that doesnt indicate the pending drop. Belief that the end (of the correction) is near and that Uncle ben and his easy bake interest rate rice will spur consumer hunger again. Denial and entitlement abounding, holding everything together.
And look where the rest of SD is…..DWCAP
ParticipantThis sounds alot like what the rest of SD did in late 2006, early 2007. Attached units falling, detached units just not selling very much. Crazy/terrible/destructive financing creaping into the picture, but stong economy of the past giving a sales history that doesnt indicate the pending drop. Belief that the end (of the correction) is near and that Uncle ben and his easy bake interest rate rice will spur consumer hunger again. Denial and entitlement abounding, holding everything together.
And look where the rest of SD is…..DWCAP
ParticipantThis sounds alot like what the rest of SD did in late 2006, early 2007. Attached units falling, detached units just not selling very much. Crazy/terrible/destructive financing creaping into the picture, but stong economy of the past giving a sales history that doesnt indicate the pending drop. Belief that the end (of the correction) is near and that Uncle ben and his easy bake interest rate rice will spur consumer hunger again. Denial and entitlement abounding, holding everything together.
And look where the rest of SD is….. -
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