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PerryChase
ParticipantBoth Reators are right.
Our current system is what we have and it’ll take years to change it. Not that we want to throw it out and replace it immediately. We need to let it evolve.
However, there are alternatives to the 6% regime. The savvy consumers can find other ways to buy and sell.
Having information available on the Internet will slowly make the public more comfortable with finding and selling properties themselves, or with the help of discount brokers. Having real estate information readily available on mainstream sites such as Yahoo, Google and MSN can only help with the transition.
PerryChase
Participantgood call sdrealtor.
ipayone was too early. I agree with deadzone, discount brokers are in our future. Real Estate is a high ly inefficient business so it’ll take some time.
Webvan went out of business and investors lost millions. But now you can order from vons.com. It’s makes no difference to the consumer who sells and delivers the products so long as he’s got the service he wants.
PerryChase
Participantpartypup, all you’re saying is that you’d didn’t get the right vibes from Obama. Perhaps you were nerdy and Obama preferred to hang out with the popular students. Students can be that way. If that was the case, then of course he seemed aloof to you.
Well, perception is all individual. It’s like people saying that they don’t trust John Kerry because he looks French.
I dislike Katie Kouric and never watch her show. I think that he’s really fake — from her smile to the tone of her voice to her feigned empathy. However, millions of viewers love her personality.
I remember being invited to a fund-raiser dinner because my boss made a significant contribution to the candidate and the party. I went up to say hi to him but he was aloof and hardly spoke to me. Well, my feelings got hurt and I never contributed or voted for that politician again. That politician was Duke Cunningham at the Republican convention in 1996. I was happy when the jerk went to jail.
partypup, you met Obama many years ago. People change in 2 decades. Obama may not appeal to you exactly because of your personal experience with him. He appeals to me and many other voters.
PerryChase
ParticipantI was very young and bought my first house in 1987 (thanks to generous family). I sold it for profit and bought a nicer house in 1989. In 1990, I watched the market go down, down, down.
I was young and cocky back then and thought I could keep on upgrading my way up to the ultimate house without doing much work. I understand well the psychology of the recent buyers.
Well, I lived the 1990s downturn, and learned my lesson. I’m glad I learned early in life. I feel sorry for the people who are learning at age 50.
PerryChase
ParticipantJuice, talk about face saving! For what?
What about the captured you’d be placing a risk with your hawkish policy? What about all the lives that you’d be sacrificing so you can have the last word? What about the families of the dead? What about the billions what would be wasted on armaments that could be spent to better lives of citizens? The UK bombs Iran; they kill the captured; then what?
It’s easy to talk tough when you’re not affected by the events.
The British government is already taking a lot flak from its own citizens for being America’s poodle. Add 15 needless deaths and support for the government and the war would go to zero. That’s not what America wants. We still need allies in Iraq/Iran.
It’s funny to note that in the UK, it’s the left (Blair) that supports the alliance with America on Iraq. The conservatives are against the war.
PerryChase
ParticipantAnyone who thinks there wasn’t any kind of back room deal doesn’t understand diplomacy. It’ll be a while before all of the details come to light but you can be sure that there was some kind of quid-pro-quo.
I happen to like Polosi, not so much for her policies but for her personality and smarts.
April 5, 2007 at 12:58 PM in reply to: Some facts/observations about Servicing, Loss Mitigation, Foreclosure, etc. #49312PerryChase
ParticipantGood summary. I’m not in the mortgage business but that’s pretty much how i see the situation also.
Thanks for sharing with us.
PerryChase
ParticipantIf I were Obama’s grand-parents, I’d be happy to stay invisible if that’s going to help my grand-son get elected president.
You’d be surprised what people willingly do for their kin. For all we know, it might be the grand-parents’ idea to not go on stage. After all they raised him and contributed to who he is today.
You couldn’t raise a Black child in a white neighborhood by being in-your-face confrontational.
PerryChase
Participantpartypup makes some good points. But you don’t get anywhere in this country by working against the powers that be. Money is what makes things go ’round in America.
Short of a revolution, no person can become president without the support of the rich and powerful.
A friend of mine is doing a PhD at NYU. He used to be the idealistic type who wanted to work for the common good. Well, he got invited to a gallery opening and some fancy soirées hosted by the rich. He was repulsed yet seduced by how the ultra rich live. Now he still wants to work for the common good; but his ambition is to provide for himself financially and become, at least marginally, part of the privileged class. Can you blame him?
Money and power have a way to co-opt and seduce. America has been using both to keep leaders in the developing world and the Middle-East on our side. Their populations are so anti-American because they feel that their leaders have been “bought” by America. Yet, paradoxically, they are seduced by the wealth of America and many dream to immigrate and live in America.
Now, is it possible to be of the establishment and still work to improve the lives of the masses? Yes, I think so. Once great leaders achieve ultimate power, their motivation is no longer to work for themselves but for a legacy. Unfortunately, great leaders are rare.
Can Obama become a great leader? In my view, he’s the best choice among all the candidates currently running.
April 4, 2007 at 6:35 PM in reply to: Some housing market newspaper clippings from the last Iraq war #49224PerryChase
ParticipantOh, and why are the Chinese doing so well and buying so many cars? Because of Clinton's free-trade policy, so he's as much or more to blame than Dubya.
That's kinda funny. At least Clinton wanted fair trade. The Republicans on the other hand, hide behind a facade of nationalism and toughness but they don't enforce any laws that are detrimental to short term business profits.
The Chinese doing well does not mean we do less well. I don't see your point. As an example, the Chinese doing well means that GM is doing extremely well selling Buicks in China. Is Buick doing well in America? How many Boeing planes did the Chinese buy in the last 10 years?
PerryChase
ParticipantConsidering the amount of money Obama raised, there’s a good chance that he can win the primary and the presidency.
http://www.cnn.com/2007/POLITICS/04/04/obama.fundraising/index.html
I think that the economy going in the tank will work to Obama’s advantage because people would be more willing to throw out the status quo and try something new. If white people loose their houses en masse, what’s left to protect? Might as well vote for a Black man.
Obama might even get the woman’s vote since he’s pretty charming a la JFK. I think that women do go for a nice smile and the color barrier is slowly breaking down. I think that some evangelist said that rap/hip-hop music is co-opting the white youth of America.
PerryChase
ParticipantVery true; good-looks open many doors.
The Chinese philosophers say that you need “conditions” to achieve equilibrium. If you’re plain but want a beautiful wife, then you need to compensate with other qualities that would cause your wife to admire and respect you (good provider, wealth, smarts, faithfulness, etc.. )
That’s why middle-age professional women can’t find husbands. Those woman are demanding but have no beauty or charm to contribute to the relationship. A successful man would rather go out with a pleasant, beautiful and charming young woman, especially if he has to pay the bill.
A beautiful woman would expect her date to pay for dinner and buy her expensive gifts (tributes to her beauty). If you’re cheap then a plain Jane is the way to go.
April 4, 2007 at 9:56 AM in reply to: Some housing market newspaper clippings from the last Iraq war #49161PerryChase
ParticipantThanks for the post. It’s fun to look back.
foresakencraft used to have a section of his website dedicate to eerily familiar news stories from the past. I miss that website.
PerryChase
ParticipantI think it is a uniquely American trait that permits us to ignore the span of thousands of years of history and monetary lessons taught to us by countries far greater, wealthier, stronger and wiser.
Very true. Americans are the forever positive types. Talk to an unemployed European mid-level manager and he'll complain about his lot. Talk to the same unemployed American and he'll tell you how blessed he is and that being jobless is a blessing that will lead to better opportunities.
Every American thinks that he'll eventually make it into the ranks of the rich (although the stats point otherwise). Therefore he doesn't really mind the privileges of the rich; and he's willing to work hard and kiss ass for the opportunity.
I know it's a gross generalization. But the positive American attitude does contribute to a more dynamic economy.
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