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Navydoc
ParticipantI also have a bit of a problem with the use of the word “fraudulently” in that particular provision. Is buying a home with an income you lied about with the lenders blessing because you could refinance later fraudulent?
I personally think it is, and it widens the realistic definition of “speculator” as well. I think almost anyone who bought a home between 2003-2006 was “speculating” on future home appreciation, whether they want to admit it or not.
After looking this thing over, I doubt very many people are going to qualify for the program. That’s probably what was intended all along; the pols just want it to seem that they’re doing something useful to save the housing market.
ParticipantI also have a bit of a problem with the use of the word “fraudulently” in that particular provision. Is buying a home with an income you lied about with the lenders blessing because you could refinance later fraudulent?
I personally think it is, and it widens the realistic definition of “speculator” as well. I think almost anyone who bought a home between 2003-2006 was “speculating” on future home appreciation, whether they want to admit it or not.
After looking this thing over, I doubt very many people are going to qualify for the program. That’s probably what was intended all along; the pols just want it to seem that they’re doing something useful to save the housing market.
ParticipantI also have a bit of a problem with the use of the word “fraudulently” in that particular provision. Is buying a home with an income you lied about with the lenders blessing because you could refinance later fraudulent?
I personally think it is, and it widens the realistic definition of “speculator” as well. I think almost anyone who bought a home between 2003-2006 was “speculating” on future home appreciation, whether they want to admit it or not.
After looking this thing over, I doubt very many people are going to qualify for the program. That’s probably what was intended all along; the pols just want it to seem that they’re doing something useful to save the housing market.
ParticipantRocked us in Carson big time. Scared the crap out of my wife. Funny thing is, we felt quakes like that all the time when we lived in Japan, but I never saw her dive under the table so fast.
ParticipantRocked us in Carson big time. Scared the crap out of my wife. Funny thing is, we felt quakes like that all the time when we lived in Japan, but I never saw her dive under the table so fast.
ParticipantRocked us in Carson big time. Scared the crap out of my wife. Funny thing is, we felt quakes like that all the time when we lived in Japan, but I never saw her dive under the table so fast.
ParticipantRocked us in Carson big time. Scared the crap out of my wife. Funny thing is, we felt quakes like that all the time when we lived in Japan, but I never saw her dive under the table so fast.
ParticipantRocked us in Carson big time. Scared the crap out of my wife. Funny thing is, we felt quakes like that all the time when we lived in Japan, but I never saw her dive under the table so fast.
ParticipantI also oppose. Come on, how many kids do you think really read this blog? I bet they would fit in the drawer of my desk. I have no problem with anyone using off-color language in their posts either. We are, after all, adults, and would likely use such language in our daily conversations.
Also, where I work they have a pretty restrictive filter in place to limit web use. You-tube is inaccessible, as would be any porn site. I have extreme doubts that this filter would be able to detect a questionable blog post. When I am on a research block (as I am now) sometimes I perform experiments where an antibody has to sit on a slide for an hour or more. Those are the days when I do a lot of Pigginton reading at work, and I have never heard from our IT department.
ParticipantI also oppose. Come on, how many kids do you think really read this blog? I bet they would fit in the drawer of my desk. I have no problem with anyone using off-color language in their posts either. We are, after all, adults, and would likely use such language in our daily conversations.
Also, where I work they have a pretty restrictive filter in place to limit web use. You-tube is inaccessible, as would be any porn site. I have extreme doubts that this filter would be able to detect a questionable blog post. When I am on a research block (as I am now) sometimes I perform experiments where an antibody has to sit on a slide for an hour or more. Those are the days when I do a lot of Pigginton reading at work, and I have never heard from our IT department.
ParticipantI also oppose. Come on, how many kids do you think really read this blog? I bet they would fit in the drawer of my desk. I have no problem with anyone using off-color language in their posts either. We are, after all, adults, and would likely use such language in our daily conversations.
Also, where I work they have a pretty restrictive filter in place to limit web use. You-tube is inaccessible, as would be any porn site. I have extreme doubts that this filter would be able to detect a questionable blog post. When I am on a research block (as I am now) sometimes I perform experiments where an antibody has to sit on a slide for an hour or more. Those are the days when I do a lot of Pigginton reading at work, and I have never heard from our IT department.
ParticipantI also oppose. Come on, how many kids do you think really read this blog? I bet they would fit in the drawer of my desk. I have no problem with anyone using off-color language in their posts either. We are, after all, adults, and would likely use such language in our daily conversations.
Also, where I work they have a pretty restrictive filter in place to limit web use. You-tube is inaccessible, as would be any porn site. I have extreme doubts that this filter would be able to detect a questionable blog post. When I am on a research block (as I am now) sometimes I perform experiments where an antibody has to sit on a slide for an hour or more. Those are the days when I do a lot of Pigginton reading at work, and I have never heard from our IT department.
ParticipantI also oppose. Come on, how many kids do you think really read this blog? I bet they would fit in the drawer of my desk. I have no problem with anyone using off-color language in their posts either. We are, after all, adults, and would likely use such language in our daily conversations.
Also, where I work they have a pretty restrictive filter in place to limit web use. You-tube is inaccessible, as would be any porn site. I have extreme doubts that this filter would be able to detect a questionable blog post. When I am on a research block (as I am now) sometimes I perform experiments where an antibody has to sit on a slide for an hour or more. Those are the days when I do a lot of Pigginton reading at work, and I have never heard from our IT department.
Participant[quote=bsrsharma]USA will NEVER fully recover from it
Isn’t that extreme? [/quote]
No, I don’t think it is. I think of the current situation as very similar to what happened to the American automotive industry in the 1970’s. When fuel costs began soaring what happened? US companies were still building large, overpowered, gas guzzling muscle cars, while the Japanese and the Germans responded with smaller, fuel efficient, reliable cars that took the market by storm. It took almost a full decade for the big 3 to respond, and we ended up with cars like the Reliant K as a legacy of the times.
Has the US auto industry recovered from those times? I don’t think so. How often did you see a foreign car in the early 70’s? Almost never. By 1980 they were everywhwere, and now Toyota is the world’s largest auto maker. Heres another thing- when I was a kid “made in Japan” meant junk. Anybody else remember those days? Now it’s a badge of quality.
If we as a country fail to respond adequately to the challeges facing us, there is no doubt in my mind that we will recede as the world’s largest economy, and be replaced by those countries who are more adaptable and forward-thinking than we are.
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