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Ex-SD
ParticipantMerrill Lynch only has it half right. Prices are likely to keep falling for at least the next five years in CA……………………not just until 2010. This is going to be a lot worse than Wall Street and the government wants to admit. The economy is slowing, gas prices are likely to hit $4 by April and Bush, Bernanke and Congress have eroded the value of the U.S. dollar. The American automobile industry is going down the tubes and manufacturing anything in this country but pizzas and other fast food is becoming the norm. The USA is now being viewed by the rest of the world as a second-rate country. You can thank your greedy, self-serving politicians who will bend over for a buck for any lobbyist or CEO who’s willing to blow in their ears and slip them some $$$$.
ParticipantMerrill Lynch only has it half right. Prices are likely to keep falling for at least the next five years in CA……………………not just until 2010. This is going to be a lot worse than Wall Street and the government wants to admit. The economy is slowing, gas prices are likely to hit $4 by April and Bush, Bernanke and Congress have eroded the value of the U.S. dollar. The American automobile industry is going down the tubes and manufacturing anything in this country but pizzas and other fast food is becoming the norm. The USA is now being viewed by the rest of the world as a second-rate country. You can thank your greedy, self-serving politicians who will bend over for a buck for any lobbyist or CEO who’s willing to blow in their ears and slip them some $$$$.
ParticipantMerrill Lynch only has it half right. Prices are likely to keep falling for at least the next five years in CA……………………not just until 2010. This is going to be a lot worse than Wall Street and the government wants to admit. The economy is slowing, gas prices are likely to hit $4 by April and Bush, Bernanke and Congress have eroded the value of the U.S. dollar. The American automobile industry is going down the tubes and manufacturing anything in this country but pizzas and other fast food is becoming the norm. The USA is now being viewed by the rest of the world as a second-rate country. You can thank your greedy, self-serving politicians who will bend over for a buck for any lobbyist or CEO who’s willing to blow in their ears and slip them some $$$$.
ParticipantMerrill Lynch only has it half right. Prices are likely to keep falling for at least the next five years in CA……………………not just until 2010. This is going to be a lot worse than Wall Street and the government wants to admit. The economy is slowing, gas prices are likely to hit $4 by April and Bush, Bernanke and Congress have eroded the value of the U.S. dollar. The American automobile industry is going down the tubes and manufacturing anything in this country but pizzas and other fast food is becoming the norm. The USA is now being viewed by the rest of the world as a second-rate country. You can thank your greedy, self-serving politicians who will bend over for a buck for any lobbyist or CEO who’s willing to blow in their ears and slip them some $$$$.
ParticipantThe government is primarily composed of short sighted FOOLS who are so incompetent that they couldn’t hit themselves in the ass with both hands. Every time I hear about some new, proposed bailout program, I grab my wallet with one hand and cover my butt with the other. If they continue to advance this idiotic program, Washington is going to be flooded with phone calls, letters and emails from angry homeowners who did NOT act irresponsibly with their credit and responsible renters who chose not to gamble with their life savings and other people’s money. If the politicians have any sense, they’ll let this one die because it may get their sorry butts in serious trouble with their constituents.
ParticipantThe government is primarily composed of short sighted FOOLS who are so incompetent that they couldn’t hit themselves in the ass with both hands. Every time I hear about some new, proposed bailout program, I grab my wallet with one hand and cover my butt with the other. If they continue to advance this idiotic program, Washington is going to be flooded with phone calls, letters and emails from angry homeowners who did NOT act irresponsibly with their credit and responsible renters who chose not to gamble with their life savings and other people’s money. If the politicians have any sense, they’ll let this one die because it may get their sorry butts in serious trouble with their constituents.
ParticipantThe government is primarily composed of short sighted FOOLS who are so incompetent that they couldn’t hit themselves in the ass with both hands. Every time I hear about some new, proposed bailout program, I grab my wallet with one hand and cover my butt with the other. If they continue to advance this idiotic program, Washington is going to be flooded with phone calls, letters and emails from angry homeowners who did NOT act irresponsibly with their credit and responsible renters who chose not to gamble with their life savings and other people’s money. If the politicians have any sense, they’ll let this one die because it may get their sorry butts in serious trouble with their constituents.
ParticipantThe government is primarily composed of short sighted FOOLS who are so incompetent that they couldn’t hit themselves in the ass with both hands. Every time I hear about some new, proposed bailout program, I grab my wallet with one hand and cover my butt with the other. If they continue to advance this idiotic program, Washington is going to be flooded with phone calls, letters and emails from angry homeowners who did NOT act irresponsibly with their credit and responsible renters who chose not to gamble with their life savings and other people’s money. If the politicians have any sense, they’ll let this one die because it may get their sorry butts in serious trouble with their constituents.
ParticipantThe government is primarily composed of short sighted FOOLS who are so incompetent that they couldn’t hit themselves in the ass with both hands. Every time I hear about some new, proposed bailout program, I grab my wallet with one hand and cover my butt with the other. If they continue to advance this idiotic program, Washington is going to be flooded with phone calls, letters and emails from angry homeowners who did NOT act irresponsibly with their credit and responsible renters who chose not to gamble with their life savings and other people’s money. If the politicians have any sense, they’ll let this one die because it may get their sorry butts in serious trouble with their constituents.
February 25, 2008 at 2:09 PM in reply to: Income to Mortgage Ratios in the new Banking System??? #159682ParticipantI haven’t had a mortgage in over 20 years and never had a HELOC. My wife and I are extremely conservative with our money and when we bought homes with a mortgage, we never bit off more than about 25% of our income for a mortgage payment. I’ve seen too many people lose their jobs, get divorces, have medical hardships, etc. and I always had the mindset that I wasn’t going to ever let a house put me in a financial bind. When we lived in SD, we eventually owned our primary residence and a really nice second home that we rented out……we owned both free and clear. My point is that many financial genius’s will tell you to leverage, leverage, leverage……………but leverage can easily land you in the poor house. Use common sense when getting a mortgage.
February 25, 2008 at 2:09 PM in reply to: Income to Mortgage Ratios in the new Banking System??? #159978ParticipantI haven’t had a mortgage in over 20 years and never had a HELOC. My wife and I are extremely conservative with our money and when we bought homes with a mortgage, we never bit off more than about 25% of our income for a mortgage payment. I’ve seen too many people lose their jobs, get divorces, have medical hardships, etc. and I always had the mindset that I wasn’t going to ever let a house put me in a financial bind. When we lived in SD, we eventually owned our primary residence and a really nice second home that we rented out……we owned both free and clear. My point is that many financial genius’s will tell you to leverage, leverage, leverage……………but leverage can easily land you in the poor house. Use common sense when getting a mortgage.
February 25, 2008 at 2:09 PM in reply to: Income to Mortgage Ratios in the new Banking System??? #159991ParticipantI haven’t had a mortgage in over 20 years and never had a HELOC. My wife and I are extremely conservative with our money and when we bought homes with a mortgage, we never bit off more than about 25% of our income for a mortgage payment. I’ve seen too many people lose their jobs, get divorces, have medical hardships, etc. and I always had the mindset that I wasn’t going to ever let a house put me in a financial bind. When we lived in SD, we eventually owned our primary residence and a really nice second home that we rented out……we owned both free and clear. My point is that many financial genius’s will tell you to leverage, leverage, leverage……………but leverage can easily land you in the poor house. Use common sense when getting a mortgage.
February 25, 2008 at 2:09 PM in reply to: Income to Mortgage Ratios in the new Banking System??? #159996ParticipantI haven’t had a mortgage in over 20 years and never had a HELOC. My wife and I are extremely conservative with our money and when we bought homes with a mortgage, we never bit off more than about 25% of our income for a mortgage payment. I’ve seen too many people lose their jobs, get divorces, have medical hardships, etc. and I always had the mindset that I wasn’t going to ever let a house put me in a financial bind. When we lived in SD, we eventually owned our primary residence and a really nice second home that we rented out……we owned both free and clear. My point is that many financial genius’s will tell you to leverage, leverage, leverage……………but leverage can easily land you in the poor house. Use common sense when getting a mortgage.
February 25, 2008 at 2:09 PM in reply to: Income to Mortgage Ratios in the new Banking System??? #160075ParticipantI haven’t had a mortgage in over 20 years and never had a HELOC. My wife and I are extremely conservative with our money and when we bought homes with a mortgage, we never bit off more than about 25% of our income for a mortgage payment. I’ve seen too many people lose their jobs, get divorces, have medical hardships, etc. and I always had the mindset that I wasn’t going to ever let a house put me in a financial bind. When we lived in SD, we eventually owned our primary residence and a really nice second home that we rented out……we owned both free and clear. My point is that many financial genius’s will tell you to leverage, leverage, leverage……………but leverage can easily land you in the poor house. Use common sense when getting a mortgage.
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