[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?

[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=joec]A lot of loans are already GSE owned and the whole mortgage market over the last 3-5 years was GSE so it would certainly stimulate the economy contrary to some of the non-supporters here for whatever reason.

I can understand folks not wanting ANYONE else to have any benefit (we’re selfish as a society and people that way), but this would probably end up helping you actually when you actually put real dollars in people’s pocket to spend some of.

With the limited downsides of this and the large $$ amount, I’m hoping the guv’ment does something right for once.

As sdr mentioned, try getting any time of day for anyone to bother refinancing you when you are self employed…they simply don’t want to bother and it’s a major pain the ass. We’re at 4.875 right now so not too bad, but 4% can’t hurt and never missed a payment on anything…ever.

As for renters missing out on benefits, I’ve rented my whole life till recently and you can bet as a home buyer, you spend TONS more money getting your home setup and maintained. Landscaping, window coverings, lawn mowers/trimmers, flooring, appliances, more/nicer furniture, etc…

If this passes, I could see spending on a tv, computer and car shortly :)[/quote]

joe – I’m no longer a renter, but I can say that all the fake money is just kicking the can. We need real industry to create real jobs so people can afford their housing expenses. This would be just another temporary and expensive bandaid, similar to the previous bailouts we’ve had to date. For me it has nothing to do with not wanting people to have benefits, but what is best for our country as a whole and what is best for a long-term recovery and the future.

[jpinpb]

[quote=joec]A lot of loans are already GSE owned and the whole mortgage market over the last 3-5 years was GSE so it would certainly stimulate the economy contrary to some of the non-supporters here for whatever reason.

I can understand folks not wanting ANYONE else to have any benefit (we’re selfish as a society and people that way), but this would probably end up helping you actually when you actually put real dollars in people’s pocket to spend some of.

With the limited downsides of this and the large $$ amount, I’m hoping the guv’ment does something right for once.

As sdr mentioned, try getting any time of day for anyone to bother refinancing you when you are self employed…they simply don’t want to bother and it’s a major pain the ass. We’re at 4.875 right now so not too bad, but 4% can’t hurt and never missed a payment on anything…ever.

As for renters missing out on benefits, I’ve rented my whole life till recently and you can bet as a home buyer, you spend TONS more money getting your home setup and maintained. Landscaping, window coverings, lawn mowers/trimmers, flooring, appliances, more/nicer furniture, etc…

If this passes, I could see spending on a tv, computer and car shortly :)[/quote]

joe – I’m no longer a renter, but I can say that all the fake money is just kicking the can. We need real industry to create real jobs so people can afford their housing expenses. This would be just another temporary and expensive bandaid, similar to the previous bailouts we’ve had to date. For me it has nothing to do with not wanting people to have benefits, but what is best for our country as a whole and what is best for a long-term recovery and the future.

[jpinpb]

[quote=joec]A lot of loans are already GSE owned and the whole mortgage market over the last 3-5 years was GSE so it would certainly stimulate the economy contrary to some of the non-supporters here for whatever reason.

I can understand folks not wanting ANYONE else to have any benefit (we’re selfish as a society and people that way), but this would probably end up helping you actually when you actually put real dollars in people’s pocket to spend some of.

With the limited downsides of this and the large $$ amount, I’m hoping the guv’ment does something right for once.

As sdr mentioned, try getting any time of day for anyone to bother refinancing you when you are self employed…they simply don’t want to bother and it’s a major pain the ass. We’re at 4.875 right now so not too bad, but 4% can’t hurt and never missed a payment on anything…ever.

As for renters missing out on benefits, I’ve rented my whole life till recently and you can bet as a home buyer, you spend TONS more money getting your home setup and maintained. Landscaping, window coverings, lawn mowers/trimmers, flooring, appliances, more/nicer furniture, etc…

If this passes, I could see spending on a tv, computer and car shortly :)[/quote]

joe – I’m no longer a renter, but I can say that all the fake money is just kicking the can. We need real industry to create real jobs so people can afford their housing expenses. This would be just another temporary and expensive bandaid, similar to the previous bailouts we’ve had to date. For me it has nothing to do with not wanting people to have benefits, but what is best for our country as a whole and what is best for a long-term recovery and the future.

[jpinpb]

[quote=joec]A lot of loans are already GSE owned and the whole mortgage market over the last 3-5 years was GSE so it would certainly stimulate the economy contrary to some of the non-supporters here for whatever reason.

I can understand folks not wanting ANYONE else to have any benefit (we’re selfish as a society and people that way), but this would probably end up helping you actually when you actually put real dollars in people’s pocket to spend some of.

With the limited downsides of this and the large $$ amount, I’m hoping the guv’ment does something right for once.

As sdr mentioned, try getting any time of day for anyone to bother refinancing you when you are self employed…they simply don’t want to bother and it’s a major pain the ass. We’re at 4.875 right now so not too bad, but 4% can’t hurt and never missed a payment on anything…ever.

As for renters missing out on benefits, I’ve rented my whole life till recently and you can bet as a home buyer, you spend TONS more money getting your home setup and maintained. Landscaping, window coverings, lawn mowers/trimmers, flooring, appliances, more/nicer furniture, etc…

If this passes, I could see spending on a tv, computer and car shortly :)[/quote]

joe – I’m no longer a renter, but I can say that all the fake money is just kicking the can. We need real industry to create real jobs so people can afford their housing expenses. This would be just another temporary and expensive bandaid, similar to the previous bailouts we’ve had to date. For me it has nothing to do with not wanting people to have benefits, but what is best for our country as a whole and what is best for a long-term recovery and the future.

[jpinpb]

[quote=joec]A lot of loans are already GSE owned and the whole mortgage market over the last 3-5 years was GSE so it would certainly stimulate the economy contrary to some of the non-supporters here for whatever reason.

I can understand folks not wanting ANYONE else to have any benefit (we’re selfish as a society and people that way), but this would probably end up helping you actually when you actually put real dollars in people’s pocket to spend some of.

With the limited downsides of this and the large $$ amount, I’m hoping the guv’ment does something right for once.

As sdr mentioned, try getting any time of day for anyone to bother refinancing you when you are self employed…they simply don’t want to bother and it’s a major pain the ass. We’re at 4.875 right now so not too bad, but 4% can’t hurt and never missed a payment on anything…ever.

As for renters missing out on benefits, I’ve rented my whole life till recently and you can bet as a home buyer, you spend TONS more money getting your home setup and maintained. Landscaping, window coverings, lawn mowers/trimmers, flooring, appliances, more/nicer furniture, etc…

If this passes, I could see spending on a tv, computer and car shortly :)[/quote]

joe – I’m no longer a renter, but I can say that all the fake money is just kicking the can. We need real industry to create real jobs so people can afford their housing expenses. This would be just another temporary and expensive bandaid, similar to the previous bailouts we’ve had to date. For me it has nothing to do with not wanting people to have benefits, but what is best for our country as a whole and what is best for a long-term recovery and the future.

[jpinpb]

[quote=CA renter]I’m sick and tired of all the “stimulus” being directed at banks and lenders (via home “owners”). Talk about discrimination — the renters have not gotten a single bit of help from any of this govt/Fed money.

Either we give money to EVERYBODY, or we give it to nobody. Time to stop the idiotic “stimulative” measures that have served primarily to enrich the wealthiest Americans at the expense (lost purchasing power) of everyone else.[/quote]

How about no more giving away of anything. It’s like homeowners/banks welfare. I’m w/the previous thoughts about jobs. Teach people to fish, not give them fish. Give them real jobs so they can pay for their house. Those who had minimum wage jobs buying a half a million dollar house on a liar loan hoping to flip, well, get out of the house already. You had no business being in there in the first place.

How many bailouts at the hands of taxpayers do we have to go through. How many more trillions?

But we discussed this long ago on previous threads. People started getting breaks, not getting foreclosed upon, living for free. No. People won’t risk their credit. Then it happened. Strategic defaulters. Then people actually buying a house to live in it for free. I recently saw a place that was bought last year, which IMO was overpriced, and now it’s a short sale.

As long as we keep giving away money for nothing, people will be lining up to take it, some taking cuts in line.

[jpinpb]

[quote=CA renter]I’m sick and tired of all the “stimulus” being directed at banks and lenders (via home “owners”). Talk about discrimination — the renters have not gotten a single bit of help from any of this govt/Fed money.

Either we give money to EVERYBODY, or we give it to nobody. Time to stop the idiotic “stimulative” measures that have served primarily to enrich the wealthiest Americans at the expense (lost purchasing power) of everyone else.[/quote]

How about no more giving away of anything. It’s like homeowners/banks welfare. I’m w/the previous thoughts about jobs. Teach people to fish, not give them fish. Give them real jobs so they can pay for their house. Those who had minimum wage jobs buying a half a million dollar house on a liar loan hoping to flip, well, get out of the house already. You had no business being in there in the first place.

How many bailouts at the hands of taxpayers do we have to go through. How many more trillions?

But we discussed this long ago on previous threads. People started getting breaks, not getting foreclosed upon, living for free. No. People won’t risk their credit. Then it happened. Strategic defaulters. Then people actually buying a house to live in it for free. I recently saw a place that was bought last year, which IMO was overpriced, and now it’s a short sale.

As long as we keep giving away money for nothing, people will be lining up to take it, some taking cuts in line.

[jpinpb]

[quote=CA renter]I’m sick and tired of all the “stimulus” being directed at banks and lenders (via home “owners”). Talk about discrimination — the renters have not gotten a single bit of help from any of this govt/Fed money.

Either we give money to EVERYBODY, or we give it to nobody. Time to stop the idiotic “stimulative” measures that have served primarily to enrich the wealthiest Americans at the expense (lost purchasing power) of everyone else.[/quote]

How about no more giving away of anything. It’s like homeowners/banks welfare. I’m w/the previous thoughts about jobs. Teach people to fish, not give them fish. Give them real jobs so they can pay for their house. Those who had minimum wage jobs buying a half a million dollar house on a liar loan hoping to flip, well, get out of the house already. You had no business being in there in the first place.

How many bailouts at the hands of taxpayers do we have to go through. How many more trillions?

But we discussed this long ago on previous threads. People started getting breaks, not getting foreclosed upon, living for free. No. People won’t risk their credit. Then it happened. Strategic defaulters. Then people actually buying a house to live in it for free. I recently saw a place that was bought last year, which IMO was overpriced, and now it’s a short sale.

As long as we keep giving away money for nothing, people will be lining up to take it, some taking cuts in line.

[jpinpb]

[quote=CA renter]I’m sick and tired of all the “stimulus” being directed at banks and lenders (via home “owners”). Talk about discrimination — the renters have not gotten a single bit of help from any of this govt/Fed money.

Either we give money to EVERYBODY, or we give it to nobody. Time to stop the idiotic “stimulative” measures that have served primarily to enrich the wealthiest Americans at the expense (lost purchasing power) of everyone else.[/quote]

How about no more giving away of anything. It’s like homeowners/banks welfare. I’m w/the previous thoughts about jobs. Teach people to fish, not give them fish. Give them real jobs so they can pay for their house. Those who had minimum wage jobs buying a half a million dollar house on a liar loan hoping to flip, well, get out of the house already. You had no business being in there in the first place.

How many bailouts at the hands of taxpayers do we have to go through. How many more trillions?

But we discussed this long ago on previous threads. People started getting breaks, not getting foreclosed upon, living for free. No. People won’t risk their credit. Then it happened. Strategic defaulters. Then people actually buying a house to live in it for free. I recently saw a place that was bought last year, which IMO was overpriced, and now it’s a short sale.

As long as we keep giving away money for nothing, people will be lining up to take it, some taking cuts in line.

[jpinpb]

[quote=CA renter]I’m sick and tired of all the “stimulus” being directed at banks and lenders (via home “owners”). Talk about discrimination — the renters have not gotten a single bit of help from any of this govt/Fed money.

Either we give money to EVERYBODY, or we give it to nobody. Time to stop the idiotic “stimulative” measures that have served primarily to enrich the wealthiest Americans at the expense (lost purchasing power) of everyone else.[/quote]

How about no more giving away of anything. It’s like homeowners/banks welfare. I’m w/the previous thoughts about jobs. Teach people to fish, not give them fish. Give them real jobs so they can pay for their house. Those who had minimum wage jobs buying a half a million dollar house on a liar loan hoping to flip, well, get out of the house already. You had no business being in there in the first place.

How many bailouts at the hands of taxpayers do we have to go through. How many more trillions?

But we discussed this long ago on previous threads. People started getting breaks, not getting foreclosed upon, living for free. No. People won’t risk their credit. Then it happened. Strategic defaulters. Then people actually buying a house to live in it for free. I recently saw a place that was bought last year, which IMO was overpriced, and now it’s a short sale.

As long as we keep giving away money for nothing, people will be lining up to take it, some taking cuts in line.

[jpinpb]

[quote=AN]”Ron Paul believes that the ninth and tenth amendments to the U.S. Constitution do not grant the federal government any authority to legalize or ban abortion. Instead, it is up to the individual states to prohibit abortion.”
[/quote]

His personal position on abortion is very clear.

[jpinpb]

[quote=AN]”Ron Paul believes that the ninth and tenth amendments to the U.S. Constitution do not grant the federal government any authority to legalize or ban abortion. Instead, it is up to the individual states to prohibit abortion.”
[/quote]

His personal position on abortion is very clear.

[Author]

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