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ocrenter
Participant[quote=AN][quote=ocrenter]hey, that pretty much happened in China too.
the point is ultimately the PEOPLE do make a choice, and in the case of China, Vietnam, and Cambodia, the 99% of the have nots choose Communism. In hindsight it wasn’t a very smart choice, but when income inequity is so great, Pol Pot and Mao and Ho Chi Minh then start to look very good to the population at large.[/quote]
Yes, the people will make a choice and if they make the wrong choice, look at what happened? The rich people either get killed or fled the country. They’re not going to stay and put up with the crap. There are plenty of other countries that are much more willing to welcome them and their wealth with open arms. This also is not new. It happened before. That’s why there are plenty of Chinese in Cambodia and Vietnam. This also is why there was a big migration of North Vietnamese to South Vietnam in 1945. This is also why there’s a big exodus of all those who can out of Vietnam between 1975-1985 (at any cost, including many death).[/quote]the key is a system in place to prevent the extreme wealth distribution. it is good for everyone, especially the wealthy.
Participant[quote=briansd1]I don’t know… Maybe it was poetic justice for Russian princes to end up penniless taxi drivers in France after the Revolution.[/quote]
key theme here is eventually the inequality becomes so great that revolutions are triggered.
but given the default is wealth gradually shifts to the very few, inevitably, a revolution becomes necessary after another few hundred years.
Participant[quote=flu][quote=AN]A few countries have solved this problem in the past. The two that came to mind is Cambodia and Vietnam. Cambodia killed all their wealthy and smart people (at least those who weren’t successful in escaping before the massacre). Then they “redistribute” the wealth to the bottom 50%. With Vietnam, they have the police go through all the rich people’s house and confiscate all wealth and “redistribute” it to the poor. I put redistribute in quotation, because it didn’t really happen. The poor continue to stay more but it’s just a different group of people that end up being rich.[/quote]
lol[/quote]
hey, that pretty much happened in China too.
the point is ultimately the PEOPLE do make a choice, and in the case of China, Vietnam, and Cambodia, the 99% of the have nots choose Communism. In hindsight it wasn’t a very smart choice, but when income inequity is so great, Pol Pot and Mao and Ho Chi Minh then start to look very good to the population at large.
Participant[quote=ucodegen]The problem is that it opens the whole thing to a fishing contest. Romney makes most of his income from Investments. 2008 was a very bad year for investments and any smart tax planner would use the losses of 2008 to cancel any gains in 2009 and after if possible. I think the Obama campaign is trying to bring up that Romney didn’t pay taxes in 2009 (because of investment losses). This is likely to play well people who don’t understand saving and investing, and will make a good ‘sound bite’ and diversion from the facts and presidential performance. The problem is that the previous election, very few Democrat Presidential hopefuls revealed their tax returns. Almost all of the Republican hopefuls revealed 2 years. One needs to ask: What is the real point of this requirement?
I would have to disagree with you on these. The statement that gov policies don’t matter in the developed world does not stand up to facts nor is supported by evidence. A simple change in government policies and create or destroy entire businesses in the developed world. NOTE: Creation of all of the security businesses, TSA etc. NOTE: The overturn of standard business bankruptcy rules in the GM BK, and how it has now caused lenders to not want to pick up corp bonds… [/quote]
There’s been plenty of fishing expeditions on oth sides. Just like most presidential candidates didn’t hav to be subjected to fishing expeditions in regard to birth certificates and college transcripts.
Of course, one can say, hey, we got a guy with a Muslim name, of course we need to check his birth place with a fine tooth comb. And then one can say, hey, this guy prob didn’t earn his spot in Harvard since he is black. Since these were valid reasons, then assuming Romney may have benefited from tax loopholes and tax havens is also a valid concern. Of course, most likely everything was perfectly legit, which means releasing the tax records is not a big deal.
As for select businesses that may be affected by various policies from government, of course. But that’s on a micro level. I’m referring to the natural cyclical macroeconomic trend, unless there’s sudden shift in type of government, you are unlikely to see much difference. (but then the right would have us believe Obama is leading us to Communism, so perhaps they truly do fear this).
Participant[quote=ucodegen][quote=briansd1]Talking about disclosure, we have Mitt Romney who refuses to disclose anything more than 2010 and 2011 tax returns. I smell a rat.[/quote]
.. really?? ok, that means that Clinton is a real rat because he did NOT release any tax info before his presidency – president in 1992.. first released tax report – 1992.How about Jimmy Carter.. presidency 1977, first released tax report 1977.
Presidential/Vice Presidential candidates: McCain, Palin released 2 years of tax reports previous to their run – which is the same number of years that Romney is releasing. Romney is also releasing info from their Trust, which I suspect no politician has. Hillary Clinton released no tax info during her presidential run…
Just can the partisan crap. This is a fishing expedition by the democratic party because Obama’s record is not playing to the public very well, so lets distract the public.
It is and always has been.. the Economy and Jobs.[/quote]
agree the tax return thing is all politics. hence Romney needs to just release the tax info and take a hit for a couple of weeks and move on. otherwise this thing is going to keep haunting him. one big problem is you got the ghost of George Romney’s quote “One year could be a fluke, perhaps done for show.” how do you fight against that?!
as for economy and jobs. I doubt either Romney nor Obama can do much with the economic trend.
in the developing world, government policies is vital for the economy. in the developed world, government policies at best changes the slope of the up and down sine wave.
so it really isn’t about economy and jobs.
Participant[quote=harvey][quote=flu]I vote for the person who is opposite of the party that dominates Congress. That way nothing gets done.[/quote]
Balance is a good thing. It leads to compromise, and our history has a good record of success through compromise.
But one party no longer believes in compromise. We have obstructionism and gridlock.
There is appeal in the idea that “nothing gets done,” because what you probably mean is “nothing extreme gets done” when there is balance.
We now have a situation where nothing gets done, and nothing can be done because of the intransigent fanaticism of one side.
Not a good thing in a time where stuff needs to get done.[/quote]
agree. unfortunately the right from down at grass root straight up to congress is in full on extremism mode. for the first time in many moons I tuned to a local talk station a few days ago, first thing I heard is a convo complaining about the “wishy washy” moderates and how there needs to be a full frontal assault by the right. back to NPR I went.
July 17, 2012 at 7:52 AM in reply to: OT:Carmel Valley: Foreclosure inventory and banks trickling them on the market #748206Participant[quote=CA renter]FWIW, not related to CV specifically, but I’ve also heard the same story WRT banks keeping houses off the market. This was from someone who works with a higher-up in one of the largest banks in the US. This was a few years ago, too.
From what he said, the banks said they were going to board up houses and pay someone to maintain them “indefinitely,” until prices rise again. Also heard that they were renting some of these houses back to the FBs while still in the FB’s names. There are still many people who haven’t made a mortgage payment *in years,* but are still living in “their” homes without being foreclosed on.
There is no doubt that the housing market is being manipulated in ways we’ve never seen before, and it’s not over yet.[/quote]
Agree with zk. The “I heard from xxx” thing is just awful. Another thing is where?
They are boarding up homes in Detroit, they are even tearing them down to create urban farms. (talk about ways to reduce inventory). We’ve also seen it done in Stockton and Florida. Maybe they re doing it in PHX. But the thread was on banks sitting on homes in CV. How is a story about boarding up homes in nonspecific locations worthy of even the time typing it out?
July 15, 2012 at 6:48 PM in reply to: OT:Carmel Valley: Foreclosure inventory and banks trickling them on the market #748084Participant[quote=zk]Seems highly unlikely to me. What does “1 year’s supply of foreclosures” mean, anyway?
What is the status of these alleged foreclosures? Are they vacant? Are the people still living there but rent free? I’m not aware of any of the former. And if it’s the latter, they’re really not foreclosures yet (and I haven’t heard of any of those, either).
Like you said, a grain of salt. Or maybe a truckload.[/quote]
Uh, as in if there’s 5 foreclosures per month in CV, then the banks are holding off 5 x 12 foreclosures to dribble out? If this is the case, they can probably release them all at the same time and sell every single one of them.
Participant[quote=squat250]barack bbq 2011 (the next years bbq)
The original was much better.
Participant[quote=flu]
“What school district are we in?”Then you’re fvxxxx.[/quote]
Hey, try translating San Dieguito Union to Chinese, it’ll come out as Little San Diego Unified. The realtor just accidentally drop the “little”…
Participant[quote=flu]
In reality, I wouldn’t worry…We’re nowhere near that point yet in CV. Good grief if we are…
Have you been Roland Heights? You can tell, because as you approach the area, the street signs and billboards and advertisements all the sudden are all foreign characters. Some signs at least try to be bilingual and have both English and InsertYourFavoriteAsianLanguage here. But in many cases, they don’t even bother…
When we start seeing signs like that in CV, then you know it’s all downhill from there…..[/quote]
Rowland has gone the way of Monterey Park. But these places are more commerce centers for the average ethnic Chinese at large. I should have been a bit more specific, CV is going the way of the high end Asian Enclave. you certainly do not see the bilingual signs in San Marino, and in Irvine everything is strictly limited to the particular shopping centers.
Participant[quote=sdrealtor]AN
The more prestigious term would be Carmel Valley Adjacent.[/quote]I propose a name change to Carmel Mesa or Carmel Heights. Hey, actually, let’s go with Carmel Vista, that way you keep the same “CV”, those fobbie Chinese wouldn’t even know the difference if you pull that!
Participant[quote=sdrealtor]You are onto something. Boarded up shacks in Detroit for $150,000 buys you in the US. We can even throw in mini-dragons
Note to self-obtain Panda Express franchise rights for Michigan[/quote]
that might actually work. of course the shacks will probably stay boarded up with the absentee owners living in CV.
btw, Panda Express is for non-Asians. true Asians would lose their Asian status if caught going into the place.
Participant[quote=spdrun]Deeeee-TROIT is in Canada now?
Actually, that would have been a good solution in 2009. Give the pest hole to Canada instead of bailing out the auto workers and Ronnie Ghettofinder’s union.[/quote]
uh no, as in borrowing this policy for use in this country.
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