[jpinpb]

Then if RP is so determined to be elected to help our country and the economy, why not use a new strategy and not go into gay marriage and abortion, etc. Say he will not do anything about that until he fixes the economy.

[jpinpb]

Then if RP is so determined to be elected to help our country and the economy, why not use a new strategy and not go into gay marriage and abortion, etc. Say he will not do anything about that until he fixes the economy.

[jpinpb]

Then if RP is so determined to be elected to help our country and the economy, why not use a new strategy and not go into gay marriage and abortion, etc. Say he will not do anything about that until he fixes the economy.

[jpinpb]

[quote=Jacarandoso]CArenter,
How do you “give” people jobs?
Who do you “give” the jobs to?
What jobs do you “give” them?
Doesn’t this “giving” also one way or another involve “pushing on a string”?
Is everyone supposed to like the national “job giving” program?
Could their be any unintended consequences of “giving” jobs away?[/quote]

I’m not CAR and I don’t have the answers, but we can start by not allowing tax breaks to corporations who give jobs overseas. Also do something about tax codes that allow US corporations to set up shops overseas to avoid paying taxes, eliminating jobs here, all the while benefiting from being a US company, enjoying what is associated w/it. Fair trade would be something that needs to be addressed.

[jpinpb]

[quote=Jacarandoso]CArenter,
How do you “give” people jobs?
Who do you “give” the jobs to?
What jobs do you “give” them?
Doesn’t this “giving” also one way or another involve “pushing on a string”?
Is everyone supposed to like the national “job giving” program?
Could their be any unintended consequences of “giving” jobs away?[/quote]

I’m not CAR and I don’t have the answers, but we can start by not allowing tax breaks to corporations who give jobs overseas. Also do something about tax codes that allow US corporations to set up shops overseas to avoid paying taxes, eliminating jobs here, all the while benefiting from being a US company, enjoying what is associated w/it. Fair trade would be something that needs to be addressed.

[jpinpb]

[quote=Jacarandoso]CArenter,
How do you “give” people jobs?
Who do you “give” the jobs to?
What jobs do you “give” them?
Doesn’t this “giving” also one way or another involve “pushing on a string”?
Is everyone supposed to like the national “job giving” program?
Could their be any unintended consequences of “giving” jobs away?[/quote]

I’m not CAR and I don’t have the answers, but we can start by not allowing tax breaks to corporations who give jobs overseas. Also do something about tax codes that allow US corporations to set up shops overseas to avoid paying taxes, eliminating jobs here, all the while benefiting from being a US company, enjoying what is associated w/it. Fair trade would be something that needs to be addressed.

[jpinpb]

[quote=Jacarandoso]CArenter,
How do you “give” people jobs?
Who do you “give” the jobs to?
What jobs do you “give” them?
Doesn’t this “giving” also one way or another involve “pushing on a string”?
Is everyone supposed to like the national “job giving” program?
Could their be any unintended consequences of “giving” jobs away?[/quote]

I’m not CAR and I don’t have the answers, but we can start by not allowing tax breaks to corporations who give jobs overseas. Also do something about tax codes that allow US corporations to set up shops overseas to avoid paying taxes, eliminating jobs here, all the while benefiting from being a US company, enjoying what is associated w/it. Fair trade would be something that needs to be addressed.

[jpinpb]

[quote=Jacarandoso]CArenter,
How do you “give” people jobs?
Who do you “give” the jobs to?
What jobs do you “give” them?
Doesn’t this “giving” also one way or another involve “pushing on a string”?
Is everyone supposed to like the national “job giving” program?
Could their be any unintended consequences of “giving” jobs away?[/quote]

I’m not CAR and I don’t have the answers, but we can start by not allowing tax breaks to corporations who give jobs overseas. Also do something about tax codes that allow US corporations to set up shops overseas to avoid paying taxes, eliminating jobs here, all the while benefiting from being a US company, enjoying what is associated w/it. Fair trade would be something that needs to be addressed.

[jpinpb]

[quote=kev374]This is a really stupid idea. The issue is that for a huge majority of people the problem is far more fundamental. People are struggling because they have lost jobs, their savings etc. and that isn’t going to get better anytime soon. It is foolish to assume that a 4% interest rate is going to solve anything..it is another one of the governments long line of stupid ideas that so far have been a monumental waste of taxpayer money. [/quote]

THANK YOU!

[quote=kev374]
The best thing is to accelerate the foreclosure process so that people who don’t have the capacity to continue holding expensive money pits will give them up and go back to a more affordable budget renting and others who have stronger capacity will buy these units.

Yes, some people will LOSE big time, but there are others who will GAIN. In the end it’s absolutely a zero sum game.

Given today’s weak economic fundamentals home prices need to be much much lower to restore confidence that what someone is going to buy is not going to financially ruin them…that is just the hard truth and there is no way around it except to somehow magically create a bubble-era economic environment.

[/quote]

X2

[quote=kev374]

Many of these losers bought their homes without the forethought of how they would make their payments if they lost their jobs and how long it would take to find another one. Many others were too indifferent and stupid to actually do due diligence to read their contracts. [/quote]

It’s like people never took a basic math class. Either that, or they figured they would never have to worry about making payments b/c they were going to just keep flipping and getting money for nothing. Until the music stops.

[quote=kev374]

When taking on debt one needs to take the pessimistic scenario when evaluating capacity to repay… you should have at least 12 months reserves in my opinion before you indulge in the biggest purchase of your life. In reality many of these buffoons bought houses with little more than a few hundred dollars to their name..and now they expect to keep their home?

Sense of entitlement is astonishing and the governments chant that we should help such people is even more egregious![/quote]

Stop stealing my thoughts!

[jpinpb]

[quote=kev374]This is a really stupid idea. The issue is that for a huge majority of people the problem is far more fundamental. People are struggling because they have lost jobs, their savings etc. and that isn’t going to get better anytime soon. It is foolish to assume that a 4% interest rate is going to solve anything..it is another one of the governments long line of stupid ideas that so far have been a monumental waste of taxpayer money. [/quote]

THANK YOU!

[quote=kev374]
The best thing is to accelerate the foreclosure process so that people who don’t have the capacity to continue holding expensive money pits will give them up and go back to a more affordable budget renting and others who have stronger capacity will buy these units.

Yes, some people will LOSE big time, but there are others who will GAIN. In the end it’s absolutely a zero sum game.

Given today’s weak economic fundamentals home prices need to be much much lower to restore confidence that what someone is going to buy is not going to financially ruin them…that is just the hard truth and there is no way around it except to somehow magically create a bubble-era economic environment.

[/quote]

X2

[quote=kev374]

Many of these losers bought their homes without the forethought of how they would make their payments if they lost their jobs and how long it would take to find another one. Many others were too indifferent and stupid to actually do due diligence to read their contracts. [/quote]

It’s like people never took a basic math class. Either that, or they figured they would never have to worry about making payments b/c they were going to just keep flipping and getting money for nothing. Until the music stops.

[quote=kev374]

When taking on debt one needs to take the pessimistic scenario when evaluating capacity to repay… you should have at least 12 months reserves in my opinion before you indulge in the biggest purchase of your life. In reality many of these buffoons bought houses with little more than a few hundred dollars to their name..and now they expect to keep their home?

Sense of entitlement is astonishing and the governments chant that we should help such people is even more egregious![/quote]

Stop stealing my thoughts!

[jpinpb]

[quote=kev374]This is a really stupid idea. The issue is that for a huge majority of people the problem is far more fundamental. People are struggling because they have lost jobs, their savings etc. and that isn’t going to get better anytime soon. It is foolish to assume that a 4% interest rate is going to solve anything..it is another one of the governments long line of stupid ideas that so far have been a monumental waste of taxpayer money. [/quote]

THANK YOU!

[quote=kev374]
The best thing is to accelerate the foreclosure process so that people who don’t have the capacity to continue holding expensive money pits will give them up and go back to a more affordable budget renting and others who have stronger capacity will buy these units.

Yes, some people will LOSE big time, but there are others who will GAIN. In the end it’s absolutely a zero sum game.

Given today’s weak economic fundamentals home prices need to be much much lower to restore confidence that what someone is going to buy is not going to financially ruin them…that is just the hard truth and there is no way around it except to somehow magically create a bubble-era economic environment.

[/quote]

X2

[quote=kev374]

Many of these losers bought their homes without the forethought of how they would make their payments if they lost their jobs and how long it would take to find another one. Many others were too indifferent and stupid to actually do due diligence to read their contracts. [/quote]

It’s like people never took a basic math class. Either that, or they figured they would never have to worry about making payments b/c they were going to just keep flipping and getting money for nothing. Until the music stops.

[quote=kev374]

When taking on debt one needs to take the pessimistic scenario when evaluating capacity to repay… you should have at least 12 months reserves in my opinion before you indulge in the biggest purchase of your life. In reality many of these buffoons bought houses with little more than a few hundred dollars to their name..and now they expect to keep their home?

Sense of entitlement is astonishing and the governments chant that we should help such people is even more egregious![/quote]

Stop stealing my thoughts!

[jpinpb]

[quote=kev374]This is a really stupid idea. The issue is that for a huge majority of people the problem is far more fundamental. People are struggling because they have lost jobs, their savings etc. and that isn’t going to get better anytime soon. It is foolish to assume that a 4% interest rate is going to solve anything..it is another one of the governments long line of stupid ideas that so far have been a monumental waste of taxpayer money. [/quote]

THANK YOU!

[quote=kev374]
The best thing is to accelerate the foreclosure process so that people who don’t have the capacity to continue holding expensive money pits will give them up and go back to a more affordable budget renting and others who have stronger capacity will buy these units.

Yes, some people will LOSE big time, but there are others who will GAIN. In the end it’s absolutely a zero sum game.

Given today’s weak economic fundamentals home prices need to be much much lower to restore confidence that what someone is going to buy is not going to financially ruin them…that is just the hard truth and there is no way around it except to somehow magically create a bubble-era economic environment.

[/quote]

X2

[quote=kev374]

Many of these losers bought their homes without the forethought of how they would make their payments if they lost their jobs and how long it would take to find another one. Many others were too indifferent and stupid to actually do due diligence to read their contracts. [/quote]

It’s like people never took a basic math class. Either that, or they figured they would never have to worry about making payments b/c they were going to just keep flipping and getting money for nothing. Until the music stops.

[quote=kev374]

When taking on debt one needs to take the pessimistic scenario when evaluating capacity to repay… you should have at least 12 months reserves in my opinion before you indulge in the biggest purchase of your life. In reality many of these buffoons bought houses with little more than a few hundred dollars to their name..and now they expect to keep their home?

Sense of entitlement is astonishing and the governments chant that we should help such people is even more egregious![/quote]

Stop stealing my thoughts!

[jpinpb]

[quote=kev374]This is a really stupid idea. The issue is that for a huge majority of people the problem is far more fundamental. People are struggling because they have lost jobs, their savings etc. and that isn’t going to get better anytime soon. It is foolish to assume that a 4% interest rate is going to solve anything..it is another one of the governments long line of stupid ideas that so far have been a monumental waste of taxpayer money. [/quote]

THANK YOU!

[quote=kev374]
The best thing is to accelerate the foreclosure process so that people who don’t have the capacity to continue holding expensive money pits will give them up and go back to a more affordable budget renting and others who have stronger capacity will buy these units.

Yes, some people will LOSE big time, but there are others who will GAIN. In the end it’s absolutely a zero sum game.

Given today’s weak economic fundamentals home prices need to be much much lower to restore confidence that what someone is going to buy is not going to financially ruin them…that is just the hard truth and there is no way around it except to somehow magically create a bubble-era economic environment.

[/quote]

X2

[quote=kev374]

Many of these losers bought their homes without the forethought of how they would make their payments if they lost their jobs and how long it would take to find another one. Many others were too indifferent and stupid to actually do due diligence to read their contracts. [/quote]

It’s like people never took a basic math class. Either that, or they figured they would never have to worry about making payments b/c they were going to just keep flipping and getting money for nothing. Until the music stops.

[quote=kev374]

When taking on debt one needs to take the pessimistic scenario when evaluating capacity to repay… you should have at least 12 months reserves in my opinion before you indulge in the biggest purchase of your life. In reality many of these buffoons bought houses with little more than a few hundred dollars to their name..and now they expect to keep their home?

Sense of entitlement is astonishing and the governments chant that we should help such people is even more egregious![/quote]

Stop stealing my thoughts!

[jpinpb]

[quote=walterwhite]on the other hand, given my pessimistic and fearful nature, a large component of what compelled me to commit to a kind of expensive chateau was the fairly firm conviction that the govt would do whatever stupid ridiculous idea, like lower interest rates for the hell of it, to try to prop up asset prices in the strange belief that minimizing foreclosures and keeping housing prices high somehow benefits us all. i had a fear, small but niggling, that maybe the govt might bail out of this silly business, but i knew deep down that once youre in for a few trillion, it’s hard to back down. therefore, i am kind of pleased that the game is still being played according to these ridiculoous rules, where rewriting the mortgage deal way after the fact is seen as a good idea for an economy.

it’s comedy, not tragedy, in the end, hopefully.[/quote]

Didn’t you pick up a place at something like 50% off peak?

[jpinpb]

[quote=walterwhite]on the other hand, given my pessimistic and fearful nature, a large component of what compelled me to commit to a kind of expensive chateau was the fairly firm conviction that the govt would do whatever stupid ridiculous idea, like lower interest rates for the hell of it, to try to prop up asset prices in the strange belief that minimizing foreclosures and keeping housing prices high somehow benefits us all. i had a fear, small but niggling, that maybe the govt might bail out of this silly business, but i knew deep down that once youre in for a few trillion, it’s hard to back down. therefore, i am kind of pleased that the game is still being played according to these ridiculoous rules, where rewriting the mortgage deal way after the fact is seen as a good idea for an economy.

it’s comedy, not tragedy, in the end, hopefully.[/quote]

Didn’t you pick up a place at something like 50% off peak?

[Author]

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