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July 9, 2009 at 11:10 AM in reply to: Goldman’s secret sauce could be loose online; markets beware #427940July 9, 2009 at 11:10 AM in reply to: Goldman’s secret sauce could be loose online; markets beware #428012
jeeman
ParticipantI bet the guy started reading the zero hedge blog and got upset at GS’s stranglehold on the markets and the government.
Jeeman
July 9, 2009 at 11:10 AM in reply to: Goldman’s secret sauce could be loose online; markets beware #428173jeeman
ParticipantI bet the guy started reading the zero hedge blog and got upset at GS’s stranglehold on the markets and the government.
Jeeman
jeeman
ParticipantOk, the point is that most of us have to get a mortgage to afford the house we want. In order to buy a house at the auction, you need the cash upfront. patientrenter, this isn’t a “mindset” problem…I don’t have ALL the cash, even though the bank has pre-approved me for a mortgage. Do YOU have all cash for the house you want to buy? Or are you, too, going to get a mortgage?
I would need to bridge the gap for however long (hopefully a couple days) between the auction and funding of the mortgage.
That was my real question.
jeeman
ParticipantOk, the point is that most of us have to get a mortgage to afford the house we want. In order to buy a house at the auction, you need the cash upfront. patientrenter, this isn’t a “mindset” problem…I don’t have ALL the cash, even though the bank has pre-approved me for a mortgage. Do YOU have all cash for the house you want to buy? Or are you, too, going to get a mortgage?
I would need to bridge the gap for however long (hopefully a couple days) between the auction and funding of the mortgage.
That was my real question.
jeeman
ParticipantOk, the point is that most of us have to get a mortgage to afford the house we want. In order to buy a house at the auction, you need the cash upfront. patientrenter, this isn’t a “mindset” problem…I don’t have ALL the cash, even though the bank has pre-approved me for a mortgage. Do YOU have all cash for the house you want to buy? Or are you, too, going to get a mortgage?
I would need to bridge the gap for however long (hopefully a couple days) between the auction and funding of the mortgage.
That was my real question.
jeeman
ParticipantOk, the point is that most of us have to get a mortgage to afford the house we want. In order to buy a house at the auction, you need the cash upfront. patientrenter, this isn’t a “mindset” problem…I don’t have ALL the cash, even though the bank has pre-approved me for a mortgage. Do YOU have all cash for the house you want to buy? Or are you, too, going to get a mortgage?
I would need to bridge the gap for however long (hopefully a couple days) between the auction and funding of the mortgage.
That was my real question.
jeeman
ParticipantOk, the point is that most of us have to get a mortgage to afford the house we want. In order to buy a house at the auction, you need the cash upfront. patientrenter, this isn’t a “mindset” problem…I don’t have ALL the cash, even though the bank has pre-approved me for a mortgage. Do YOU have all cash for the house you want to buy? Or are you, too, going to get a mortgage?
I would need to bridge the gap for however long (hopefully a couple days) between the auction and funding of the mortgage.
That was my real question.
jeeman
ParticipantThe “tax breaks” that Obama keeps talking about for “shipping jobs overseas”, basically means that employers don’t pay payroll taxes for employees in other countries. That’s because they aren’t US citizens. He’s basically saying that businesses have determined that there are too many taxes in hiring American workers, so his solution is to charge extra taxes on workers employed in other nations.
It’s totally ridiculous. Any reasonably minded person would think that it would be in the best interest to reduce taxes on American workers to make it “cheaper” to hire them.
Unfortunately, the Confiscator-in-Chief wants to tax as much as he can get away with.
jeeman
ParticipantThe “tax breaks” that Obama keeps talking about for “shipping jobs overseas”, basically means that employers don’t pay payroll taxes for employees in other countries. That’s because they aren’t US citizens. He’s basically saying that businesses have determined that there are too many taxes in hiring American workers, so his solution is to charge extra taxes on workers employed in other nations.
It’s totally ridiculous. Any reasonably minded person would think that it would be in the best interest to reduce taxes on American workers to make it “cheaper” to hire them.
Unfortunately, the Confiscator-in-Chief wants to tax as much as he can get away with.
jeeman
ParticipantThe “tax breaks” that Obama keeps talking about for “shipping jobs overseas”, basically means that employers don’t pay payroll taxes for employees in other countries. That’s because they aren’t US citizens. He’s basically saying that businesses have determined that there are too many taxes in hiring American workers, so his solution is to charge extra taxes on workers employed in other nations.
It’s totally ridiculous. Any reasonably minded person would think that it would be in the best interest to reduce taxes on American workers to make it “cheaper” to hire them.
Unfortunately, the Confiscator-in-Chief wants to tax as much as he can get away with.
jeeman
ParticipantThe “tax breaks” that Obama keeps talking about for “shipping jobs overseas”, basically means that employers don’t pay payroll taxes for employees in other countries. That’s because they aren’t US citizens. He’s basically saying that businesses have determined that there are too many taxes in hiring American workers, so his solution is to charge extra taxes on workers employed in other nations.
It’s totally ridiculous. Any reasonably minded person would think that it would be in the best interest to reduce taxes on American workers to make it “cheaper” to hire them.
Unfortunately, the Confiscator-in-Chief wants to tax as much as he can get away with.
jeeman
ParticipantThe “tax breaks” that Obama keeps talking about for “shipping jobs overseas”, basically means that employers don’t pay payroll taxes for employees in other countries. That’s because they aren’t US citizens. He’s basically saying that businesses have determined that there are too many taxes in hiring American workers, so his solution is to charge extra taxes on workers employed in other nations.
It’s totally ridiculous. Any reasonably minded person would think that it would be in the best interest to reduce taxes on American workers to make it “cheaper” to hire them.
Unfortunately, the Confiscator-in-Chief wants to tax as much as he can get away with.
jeeman
ParticipantDude, you are so far out there. Combined, my wife and I make in the upper ranges. We don’t get tax shelters or many benefits. We work hard, and we have skills that employers are willing to pay for. Yet we’re soaked in taxes, and we don’t even own a home. I have very little idea of how to shield my income from these 45% tax rates. I own a Ford and a Chevy, not a Mercedes and BMW.
Blanket statements like “rich people” are all crooked are like saying “poor people” are all lazy. Neither are true.
How much someone else makes is frankly none of your business, and should be none of Obama’s business, as long as they are doing it without breaking the law.
Oh, and your comment about laborers working hard in the sun and making very little? Well, supply and demand is in effect for labor too. Any of us can go into a field and start picking fruit, if we have our hands and legs intact. The supply of people able to do that is effectively unlimited, so wages will be lower. People trying to calculate the loss/risk formulas for insurance companies is at a far lesser supply and thus their salaries are higher.
I understand your heart, but engage your brain too, and all this will make sense.
jeeman
ParticipantDude, you are so far out there. Combined, my wife and I make in the upper ranges. We don’t get tax shelters or many benefits. We work hard, and we have skills that employers are willing to pay for. Yet we’re soaked in taxes, and we don’t even own a home. I have very little idea of how to shield my income from these 45% tax rates. I own a Ford and a Chevy, not a Mercedes and BMW.
Blanket statements like “rich people” are all crooked are like saying “poor people” are all lazy. Neither are true.
How much someone else makes is frankly none of your business, and should be none of Obama’s business, as long as they are doing it without breaking the law.
Oh, and your comment about laborers working hard in the sun and making very little? Well, supply and demand is in effect for labor too. Any of us can go into a field and start picking fruit, if we have our hands and legs intact. The supply of people able to do that is effectively unlimited, so wages will be lower. People trying to calculate the loss/risk formulas for insurance companies is at a far lesser supply and thus their salaries are higher.
I understand your heart, but engage your brain too, and all this will make sense.
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