[patb]

Sorry for that.

[patb]

[quote=urbanrealtor]

Honestly, I don’t have rage at this.
It seems like a dumb idea but not so much it actually angers me.
I do actually believe in government intervention in the economy.
I think the success of China in the last 15 years is an example of how beneficial government interference can be when coupled with capitalist initiative.
And I don’t think it is mutually exclusive with democracy.
Further, if the $15k measure succeeds, while being a dumb idea, it is in my material self interest.
I care more about putting food on the table than making a point.

Oh, and thats part of why I am still a member of NAR.
It really is a practical necessity.[/quote]

i believe if the prices were allowed to hit their equilibrium level,
the market would suck up these houses.

They are selling REO’s in DC and everytime one hits for under 100K/Bedroom
it sells in a week,

the problem is the overhang of excess inventory needs to be worked out.

If the feds would stop underwriting jumbo mortgages, stop insuring
high risk mortgages, insist people buy for 20% down, then we would
have real substantial house sales.

And fast nickels are as good as slow dimes.

China is a real mess, looks good on the surface like this.

http://www.fcproductions.net/chinalbeit/wp-content/uploads/2009/06/china_1432267c.jpg

it’s crap underneath.

The chinese are wrecking their environment, poisoning their people
and building crap.

Now a muscular regulatory environemnt would help, as well
as public sector investment in long term programs.

if the feds would invest into renewable energy, that would help,
have energy standards so you could have zero energy homes,
that would help and tax credits for this,
I would replace all mortgage credits with energy credits.
if youpaid people for solar panels on rooftops, you could
power america in under 3 ears.

[patb]

[quote=urbanrealtor]

Honestly, I don’t have rage at this.
It seems like a dumb idea but not so much it actually angers me.
I do actually believe in government intervention in the economy.
I think the success of China in the last 15 years is an example of how beneficial government interference can be when coupled with capitalist initiative.
And I don’t think it is mutually exclusive with democracy.
Further, if the $15k measure succeeds, while being a dumb idea, it is in my material self interest.
I care more about putting food on the table than making a point.

Oh, and thats part of why I am still a member of NAR.
It really is a practical necessity.[/quote]

i believe if the prices were allowed to hit their equilibrium level,
the market would suck up these houses.

They are selling REO’s in DC and everytime one hits for under 100K/Bedroom
it sells in a week,

the problem is the overhang of excess inventory needs to be worked out.

If the feds would stop underwriting jumbo mortgages, stop insuring
high risk mortgages, insist people buy for 20% down, then we would
have real substantial house sales.

And fast nickels are as good as slow dimes.

China is a real mess, looks good on the surface like this.

http://www.fcproductions.net/chinalbeit/wp-content/uploads/2009/06/china_1432267c.jpg

it’s crap underneath.

The chinese are wrecking their environment, poisoning their people
and building crap.

Now a muscular regulatory environemnt would help, as well
as public sector investment in long term programs.

if the feds would invest into renewable energy, that would help,
have energy standards so you could have zero energy homes,
that would help and tax credits for this,
I would replace all mortgage credits with energy credits.
if youpaid people for solar panels on rooftops, you could
power america in under 3 ears.

[patb]

[quote=urbanrealtor]

Honestly, I don’t have rage at this.
It seems like a dumb idea but not so much it actually angers me.
I do actually believe in government intervention in the economy.
I think the success of China in the last 15 years is an example of how beneficial government interference can be when coupled with capitalist initiative.
And I don’t think it is mutually exclusive with democracy.
Further, if the $15k measure succeeds, while being a dumb idea, it is in my material self interest.
I care more about putting food on the table than making a point.

Oh, and thats part of why I am still a member of NAR.
It really is a practical necessity.[/quote]

i believe if the prices were allowed to hit their equilibrium level,
the market would suck up these houses.

They are selling REO’s in DC and everytime one hits for under 100K/Bedroom
it sells in a week,

the problem is the overhang of excess inventory needs to be worked out.

If the feds would stop underwriting jumbo mortgages, stop insuring
high risk mortgages, insist people buy for 20% down, then we would
have real substantial house sales.

And fast nickels are as good as slow dimes.

China is a real mess, looks good on the surface like this.

http://www.fcproductions.net/chinalbeit/wp-content/uploads/2009/06/china_1432267c.jpg

it’s crap underneath.

The chinese are wrecking their environment, poisoning their people
and building crap.

Now a muscular regulatory environemnt would help, as well
as public sector investment in long term programs.

if the feds would invest into renewable energy, that would help,
have energy standards so you could have zero energy homes,
that would help and tax credits for this,
I would replace all mortgage credits with energy credits.
if youpaid people for solar panels on rooftops, you could
power america in under 3 ears.

[patb]

[quote=urbanrealtor]

Honestly, I don’t have rage at this.
It seems like a dumb idea but not so much it actually angers me.
I do actually believe in government intervention in the economy.
I think the success of China in the last 15 years is an example of how beneficial government interference can be when coupled with capitalist initiative.
And I don’t think it is mutually exclusive with democracy.
Further, if the $15k measure succeeds, while being a dumb idea, it is in my material self interest.
I care more about putting food on the table than making a point.

Oh, and thats part of why I am still a member of NAR.
It really is a practical necessity.[/quote]

i believe if the prices were allowed to hit their equilibrium level,
the market would suck up these houses.

They are selling REO’s in DC and everytime one hits for under 100K/Bedroom
it sells in a week,

the problem is the overhang of excess inventory needs to be worked out.

If the feds would stop underwriting jumbo mortgages, stop insuring
high risk mortgages, insist people buy for 20% down, then we would
have real substantial house sales.

And fast nickels are as good as slow dimes.

China is a real mess, looks good on the surface like this.

http://www.fcproductions.net/chinalbeit/wp-content/uploads/2009/06/china_1432267c.jpg

it’s crap underneath.

The chinese are wrecking their environment, poisoning their people
and building crap.

Now a muscular regulatory environemnt would help, as well
as public sector investment in long term programs.

if the feds would invest into renewable energy, that would help,
have energy standards so you could have zero energy homes,
that would help and tax credits for this,
I would replace all mortgage credits with energy credits.
if youpaid people for solar panels on rooftops, you could
power america in under 3 ears.

[patb]

[quote=urbanrealtor]

Honestly, I don’t have rage at this.
It seems like a dumb idea but not so much it actually angers me.
I do actually believe in government intervention in the economy.
I think the success of China in the last 15 years is an example of how beneficial government interference can be when coupled with capitalist initiative.
And I don’t think it is mutually exclusive with democracy.
Further, if the $15k measure succeeds, while being a dumb idea, it is in my material self interest.
I care more about putting food on the table than making a point.

Oh, and thats part of why I am still a member of NAR.
It really is a practical necessity.[/quote]

i believe if the prices were allowed to hit their equilibrium level,
the market would suck up these houses.

They are selling REO’s in DC and everytime one hits for under 100K/Bedroom
it sells in a week,

the problem is the overhang of excess inventory needs to be worked out.

If the feds would stop underwriting jumbo mortgages, stop insuring
high risk mortgages, insist people buy for 20% down, then we would
have real substantial house sales.

And fast nickels are as good as slow dimes.

China is a real mess, looks good on the surface like this.

http://www.fcproductions.net/chinalbeit/wp-content/uploads/2009/06/china_1432267c.jpg

it’s crap underneath.

The chinese are wrecking their environment, poisoning their people
and building crap.

Now a muscular regulatory environemnt would help, as well
as public sector investment in long term programs.

if the feds would invest into renewable energy, that would help,
have energy standards so you could have zero energy homes,
that would help and tax credits for this,
I would replace all mortgage credits with energy credits.
if youpaid people for solar panels on rooftops, you could
power america in under 3 ears.

[patb]

[quote=Casca][quote=DataAgent]I was against the Iraq war from day 1 and was immediately christened as ‘unpatriotic’ by my Bush-loving peers. Prior to the Iraq war, I paid very little attention to politics at the national level.[/quote]

What would the world be like if Iran controlled half of the world’s oil supply? If they got their hands on the oil in Iraq, they would. We don’t dare let that happen, yet Obama may.[/quote]

Iraq in 2001 was strong enough to resist any iranian invasion.

Heck if the Iranians invaded we would just sell mustard gas,
nerve gas and even nukes to hussein to prevent that. We did it
before, we’d do it again.

[patb]

[quote=Casca][quote=DataAgent]I was against the Iraq war from day 1 and was immediately christened as ‘unpatriotic’ by my Bush-loving peers. Prior to the Iraq war, I paid very little attention to politics at the national level.[/quote]

What would the world be like if Iran controlled half of the world’s oil supply? If they got their hands on the oil in Iraq, they would. We don’t dare let that happen, yet Obama may.[/quote]

Iraq in 2001 was strong enough to resist any iranian invasion.

Heck if the Iranians invaded we would just sell mustard gas,
nerve gas and even nukes to hussein to prevent that. We did it
before, we’d do it again.

[patb]

[quote=Casca][quote=DataAgent]I was against the Iraq war from day 1 and was immediately christened as ‘unpatriotic’ by my Bush-loving peers. Prior to the Iraq war, I paid very little attention to politics at the national level.[/quote]

What would the world be like if Iran controlled half of the world’s oil supply? If they got their hands on the oil in Iraq, they would. We don’t dare let that happen, yet Obama may.[/quote]

Iraq in 2001 was strong enough to resist any iranian invasion.

Heck if the Iranians invaded we would just sell mustard gas,
nerve gas and even nukes to hussein to prevent that. We did it
before, we’d do it again.

[patb]

[quote=Casca][quote=DataAgent]I was against the Iraq war from day 1 and was immediately christened as ‘unpatriotic’ by my Bush-loving peers. Prior to the Iraq war, I paid very little attention to politics at the national level.[/quote]

What would the world be like if Iran controlled half of the world’s oil supply? If they got their hands on the oil in Iraq, they would. We don’t dare let that happen, yet Obama may.[/quote]

Iraq in 2001 was strong enough to resist any iranian invasion.

Heck if the Iranians invaded we would just sell mustard gas,
nerve gas and even nukes to hussein to prevent that. We did it
before, we’d do it again.

[patb]

[quote=Casca][quote=DataAgent]I was against the Iraq war from day 1 and was immediately christened as ‘unpatriotic’ by my Bush-loving peers. Prior to the Iraq war, I paid very little attention to politics at the national level.[/quote]

What would the world be like if Iran controlled half of the world’s oil supply? If they got their hands on the oil in Iraq, they would. We don’t dare let that happen, yet Obama may.[/quote]

Iraq in 2001 was strong enough to resist any iranian invasion.

Heck if the Iranians invaded we would just sell mustard gas,
nerve gas and even nukes to hussein to prevent that. We did it
before, we’d do it again.

[patb]

[quote=Casca] Would Bush have nationalized the banks and the auto companies as Obama has done? Given ownership to the unions? I doubt it. He acquiesed to TARP as professional courtesy to Obama. He did it because Obama asked him to do so, and he wanted to position Obama to execute a cohesive policy, no matter how wrong-headed.[/quote]

Sorry.

Bush gave the Autocompanies $20 Billion in cash, no questions asked.
At least with a nationalization, the taxpayers got the stock cheap.
hopefully it will be sold off soon

Bush gave 700 Billion in TARP to the Banks, whom we had no financial
duty to help.

Bush/Paulsen and the Fed gave 13 trillion in guarantees to the
major financial companies including the chinese holding all those
fannie mae bonds.

[patb]

[quote=Casca] Would Bush have nationalized the banks and the auto companies as Obama has done? Given ownership to the unions? I doubt it. He acquiesed to TARP as professional courtesy to Obama. He did it because Obama asked him to do so, and he wanted to position Obama to execute a cohesive policy, no matter how wrong-headed.[/quote]

Sorry.

Bush gave the Autocompanies $20 Billion in cash, no questions asked.
At least with a nationalization, the taxpayers got the stock cheap.
hopefully it will be sold off soon

Bush gave 700 Billion in TARP to the Banks, whom we had no financial
duty to help.

Bush/Paulsen and the Fed gave 13 trillion in guarantees to the
major financial companies including the chinese holding all those
fannie mae bonds.

[patb]

[quote=Casca] Would Bush have nationalized the banks and the auto companies as Obama has done? Given ownership to the unions? I doubt it. He acquiesed to TARP as professional courtesy to Obama. He did it because Obama asked him to do so, and he wanted to position Obama to execute a cohesive policy, no matter how wrong-headed.[/quote]

Sorry.

Bush gave the Autocompanies $20 Billion in cash, no questions asked.
At least with a nationalization, the taxpayers got the stock cheap.
hopefully it will be sold off soon

Bush gave 700 Billion in TARP to the Banks, whom we had no financial
duty to help.

Bush/Paulsen and the Fed gave 13 trillion in guarantees to the
major financial companies including the chinese holding all those
fannie mae bonds.

[patb]

[quote=Casca] Would Bush have nationalized the banks and the auto companies as Obama has done? Given ownership to the unions? I doubt it. He acquiesed to TARP as professional courtesy to Obama. He did it because Obama asked him to do so, and he wanted to position Obama to execute a cohesive policy, no matter how wrong-headed.[/quote]

Sorry.

Bush gave the Autocompanies $20 Billion in cash, no questions asked.
At least with a nationalization, the taxpayers got the stock cheap.
hopefully it will be sold off soon

Bush gave 700 Billion in TARP to the Banks, whom we had no financial
duty to help.

Bush/Paulsen and the Fed gave 13 trillion in guarantees to the
major financial companies including the chinese holding all those
fannie mae bonds.

[Author]

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