[enron_by_the_sea]

Seriously, why would they want to do it?

Either they have income to pay for the home loan or they don’t.

If they have income to pay for the home loan – they should instead renegotiate the amount with their doctors/hospitals and pay in installments instead of taking on a mortgage.

If they don’t have income to pay for the home loan then their options are

1. declare bankrupcy and keep the house. or,
2. Sell the house and pay the medical bills (if they feel like they need to do the right thing.)

Taking on a mortgage makes an unsecured debt (medical bill) secured and it is probably not in their best interest.

Maybe I missed something in which case I apologize.

[enron_by_the_sea]

Seriously, why would they want to do it?

Either they have income to pay for the home loan or they don’t.

If they have income to pay for the home loan – they should instead renegotiate the amount with their doctors/hospitals and pay in installments instead of taking on a mortgage.

If they don’t have income to pay for the home loan then their options are

1. declare bankrupcy and keep the house. or,
2. Sell the house and pay the medical bills (if they feel like they need to do the right thing.)

Taking on a mortgage makes an unsecured debt (medical bill) secured and it is probably not in their best interest.

Maybe I missed something in which case I apologize.

[enron_by_the_sea]

Seriously, why would they want to do it?

Either they have income to pay for the home loan or they don’t.

If they have income to pay for the home loan – they should instead renegotiate the amount with their doctors/hospitals and pay in installments instead of taking on a mortgage.

If they don’t have income to pay for the home loan then their options are

1. declare bankrupcy and keep the house. or,
2. Sell the house and pay the medical bills (if they feel like they need to do the right thing.)

Taking on a mortgage makes an unsecured debt (medical bill) secured and it is probably not in their best interest.

Maybe I missed something in which case I apologize.

[enron_by_the_sea]

[quote=flu] The sad part is that I use to not care about politics…Then I started to after Bush(it)[/quote]

Ditto! That BTW is the best argument about

(1) Why should you vote carefully.
(2) Why vote for third party can be fatal in some circumstances (Ralph Nadar voters are you happy?)

[enron_by_the_sea]

[quote=flu] The sad part is that I use to not care about politics…Then I started to after Bush(it)[/quote]

Ditto! That BTW is the best argument about

(1) Why should you vote carefully.
(2) Why vote for third party can be fatal in some circumstances (Ralph Nadar voters are you happy?)

[enron_by_the_sea]

[quote=flu] The sad part is that I use to not care about politics…Then I started to after Bush(it)[/quote]

Ditto! That BTW is the best argument about

(1) Why should you vote carefully.
(2) Why vote for third party can be fatal in some circumstances (Ralph Nadar voters are you happy?)

[enron_by_the_sea]

[quote=flu] The sad part is that I use to not care about politics…Then I started to after Bush(it)[/quote]

Ditto! That BTW is the best argument about

(1) Why should you vote carefully.
(2) Why vote for third party can be fatal in some circumstances (Ralph Nadar voters are you happy?)

[enron_by_the_sea]

[quote=flu] The sad part is that I use to not care about politics…Then I started to after Bush(it)[/quote]

Ditto! That BTW is the best argument about

(1) Why should you vote carefully.
(2) Why vote for third party can be fatal in some circumstances (Ralph Nadar voters are you happy?)

[enron_by_the_sea]

[quote=briansd1]
I’m still trying to grasp the rational motivations of working-class conservatives.
[/quote]

Because “they are bitter”? 🙂

Okay, that was a cheap shot. But America is a land of optimists and positive thinking. True or not – most people believe that there is a good deal of meritocracy and class mobility here. I may be broke today but I truly believe that in this society I can move up and join the ranks of the rich. Therefore, I would not support policies that advocate taxing their wealth away.

In most of the world elsewhere people view things differently. Rich/aristocrats are a separate class – one can never join them. So it is OK to tax their wealth away.

Because of our limited history most people also believe that the rich earned their fortune fairly. In most other places, people think that the rich became what they are by stealing from others.

And finally, working class conservatives probably feel threatened by the elitist leaders of social liberalism. GOP candidates probably do a better job connecting with them on some level.

[enron_by_the_sea]

[quote=briansd1]
I’m still trying to grasp the rational motivations of working-class conservatives.
[/quote]

Because “they are bitter”? 🙂

Okay, that was a cheap shot. But America is a land of optimists and positive thinking. True or not – most people believe that there is a good deal of meritocracy and class mobility here. I may be broke today but I truly believe that in this society I can move up and join the ranks of the rich. Therefore, I would not support policies that advocate taxing their wealth away.

In most of the world elsewhere people view things differently. Rich/aristocrats are a separate class – one can never join them. So it is OK to tax their wealth away.

Because of our limited history most people also believe that the rich earned their fortune fairly. In most other places, people think that the rich became what they are by stealing from others.

And finally, working class conservatives probably feel threatened by the elitist leaders of social liberalism. GOP candidates probably do a better job connecting with them on some level.

[enron_by_the_sea]

[quote=briansd1]
I’m still trying to grasp the rational motivations of working-class conservatives.
[/quote]

Because “they are bitter”? 🙂

Okay, that was a cheap shot. But America is a land of optimists and positive thinking. True or not – most people believe that there is a good deal of meritocracy and class mobility here. I may be broke today but I truly believe that in this society I can move up and join the ranks of the rich. Therefore, I would not support policies that advocate taxing their wealth away.

In most of the world elsewhere people view things differently. Rich/aristocrats are a separate class – one can never join them. So it is OK to tax their wealth away.

Because of our limited history most people also believe that the rich earned their fortune fairly. In most other places, people think that the rich became what they are by stealing from others.

And finally, working class conservatives probably feel threatened by the elitist leaders of social liberalism. GOP candidates probably do a better job connecting with them on some level.

[enron_by_the_sea]

[quote=briansd1]
I’m still trying to grasp the rational motivations of working-class conservatives.
[/quote]

Because “they are bitter”? 🙂

Okay, that was a cheap shot. But America is a land of optimists and positive thinking. True or not – most people believe that there is a good deal of meritocracy and class mobility here. I may be broke today but I truly believe that in this society I can move up and join the ranks of the rich. Therefore, I would not support policies that advocate taxing their wealth away.

In most of the world elsewhere people view things differently. Rich/aristocrats are a separate class – one can never join them. So it is OK to tax their wealth away.

Because of our limited history most people also believe that the rich earned their fortune fairly. In most other places, people think that the rich became what they are by stealing from others.

And finally, working class conservatives probably feel threatened by the elitist leaders of social liberalism. GOP candidates probably do a better job connecting with them on some level.

[enron_by_the_sea]

[quote=briansd1]
I’m still trying to grasp the rational motivations of working-class conservatives.
[/quote]

Because “they are bitter”? 🙂

Okay, that was a cheap shot. But America is a land of optimists and positive thinking. True or not – most people believe that there is a good deal of meritocracy and class mobility here. I may be broke today but I truly believe that in this society I can move up and join the ranks of the rich. Therefore, I would not support policies that advocate taxing their wealth away.

In most of the world elsewhere people view things differently. Rich/aristocrats are a separate class – one can never join them. So it is OK to tax their wealth away.

Because of our limited history most people also believe that the rich earned their fortune fairly. In most other places, people think that the rich became what they are by stealing from others.

And finally, working class conservatives probably feel threatened by the elitist leaders of social liberalism. GOP candidates probably do a better job connecting with them on some level.

[enron_by_the_sea]

[quote=AN]
Why did you say it’s a change of plan? It’s the same plan I heard.[/quote]

AN: I guess I misunderstood what you said.

Initial MOT break-up plan was to create 2 companies.- Company A headed by Mr. Jha with mobile devices and company B with govt.+ set-top box + other activities.

Then some time this year, the plan was modified – set-top box went from company B to company A.

[enron_by_the_sea]

[quote=AN]
Why did you say it’s a change of plan? It’s the same plan I heard.[/quote]

AN: I guess I misunderstood what you said.

Initial MOT break-up plan was to create 2 companies.- Company A headed by Mr. Jha with mobile devices and company B with govt.+ set-top box + other activities.

Then some time this year, the plan was modified – set-top box went from company B to company A.

[Author]

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