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[quote=briansd1]Ideology aside, let’s look at reality for a minute. The big banks already got the bailouts. Shouldn’t they be required to pay back something for the bailouts?

The Tea Party is saying “don’t tax or regulate the banks notwithstanding the bailouts they receive. They should get a free ride.”

OWS is saying “let’s make the banks payback the benefits they received.”[/quote]

I appreciate the reality of the situation as you describe. Would be nice to undo what was done, but more important to make sure we aren’t in a position to have to bail them out again in the future.

That is an interesting quote “don’t tax or regulate the banks notwithstanding the bilsouts they receive. They should get a free ride.” Talk about putting words in someone’s mouth. You actually quoted the entire Tea Party there without actually listing a source of the quote. When you make a strawman argument, you don’t mess around. You actually throw in a quote that was never actually said.

Somehow the Tea Party went from a concept of reducing government waste to supporting bank bailouts and lobbying banks to do whatever the hell they want. A true marketing/PR disaster for them, it seems.

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[quote=UCGal]I also see a lot in common with the OWS movement and the very early tea party movement – before it got co-opted by Dick Army and the GOP[/quote]

Interesting you should say that. The same thought popped into my head as well as I was reading this thread.

It seems to me that both sides of the left/right spectrum hate the socialized loss + privatized gains.

I would guess the OWS crowd would tend towards “socialized loss, socialized gain”

I’m firmly in the “privatized loss + privatized gain” side.

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Do they have video ?

Can they prove you didn’t stop before turning right ?

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I think it will die on the vine as well – simply because there is nothing to actually do. I support their right to protest and I don’t hate their list of demands, but I just don’t think it will accomplish anything tangible.

“Wall Street” is not a person or an organization. It’s like protesting against vapor and hoping to control it.

“Hey you wall street people – yeah, you thousands of people there. Stop that. I’m not sure what you are doing but I have no money and I think it is your fault. So, stop it – whatever it is you are doing – and everything will be OK.” I just don’t see it going anywhere.

It seems the protesters have accepted the notion that how the banks go is how our economy goes – I guess Paulson convinced them – and so they feel the need to exercise some control over the banks.

I see it this way – instead of dictating how the banks operate in order to keep our economy more stable, we really need to disassociate the health of the economy from the health of private banks so we can let them fail when they do stupid things. This way, we don’t have to spend all this time and effort manipulating the banking industry with a spiderweb of regulations, loopholes, bail-outs and closed-door meetings with federal reserve officers under the guise that that it helps the economy. We can just let the stupid banks fizzle away.

And, in the long run, keeping the stupid banks alive only results in a weaker baning system anyway.

The OWS crowd should really be protesting the federal reserve banking system but somehow it is “Wall Street’s” fault. I guess they are in bed together, though. With some luck, maybe the OWS will transform into an anti-federal-reserve movement, in which case maybe it will go somewhere useful.

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[quote=walterwhite]I think it’s ok to speak ill of the dea. Whfn it’s a public figure.[/quote]

But their family and friends aren’t necessarily public figures, nor do we know if they have committed any imropriety deserving of disrespect. If not for the deceased, for those those close to, please.

Are the choices of posting nothing and posting something like bg’s post so awful that we have to insult people we don’t even know at a time of loss ?

Is it really an unreasonable expectation of people ?

[quote=bearishgurl]I think of Steve as a visionary, way ahead of his time…my condolences go out to his family.[/quote]

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[quote=svelte]You think only the good can be remembered about someone who dies, okay we all get it.[/quote]

No, you don’t get it.

I think that only good should be STATED.
You can remember whatever the hell you want, but be aware that “RIP” means Rest in Peace. Spouting off negativity is exactly what Rest in Peace doesn’t mean.

Start your own thread if you must to point out all the misgivings of people who die, but but you can’t weasel your way out of the fact that decent people keep those kind of comments to themselves.

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You aren’t wrong that this is contemptible behavior, but day someone dies is not the day to speak up. If you don’t like the guy, just shut-up. Just because you have a thought doesn’t mean we all want to hear it.

OK. We get it. You don’t like guys being mean to their kids. What a novel and unexpected opinion. Most of us don’t either. Stating that opinion at this time doesn’t accomplish anything except make you look like an insensitive ass.

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Really? We are making this a liberal conservative battle?

How fucking rude can you possibly get, people. I swear, I could die tomorrow and CDMA Eng would probalby make a little post about me dying and you dumb-fucks would start arguing about whether or not liberals are better and how dumb the other guy is and how you say things about this guy but you do the samething and Obama is great. Yada Yada Yada.

Get it fucking straight. This site isn’t a place for you fuckers to bitch at each other about the liberal and conservaative philosophy. I realize it is off-topic, but somehow death brings out the worst in some of you guys. Get your own fucking blog if you want to.

And haven’t you heard it is impolite to speak ill of the dead? I am not that much of a Steve Jobs fan, but he’s interesting and you know what – he’s dead so show some respect. I’ve lost alot of it for several of you.

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A nice set of photos here:

http://news.yahoo.com/photos/steve-jobs-slideshow/

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Only the Piggs could turn a nice little memorial thread for a fairly remarkable individual into an arguement about chipsets.

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[quote=Ren]FYI Walter – it’s an admirable goal, and training to be able to do 100 pushups will give you great endurance and make you really good at… doing a lot of pushups. It won’t increase strength much. If you want confidence-boosting go-ahead-mess-with-me power, you’re gonna have to lift.

And eat. This is actually the hard part.[/quote]

Bo Jackson would disagree. He rarely lifted weights. His training focused on isometrics and exercises like pushups, pullups and dips.

Being the first athlete voted to all-star teams in two major american sports, I think it prepared him for a bit more than … just doing pushups.

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Thanks for posting. I found that guy pretty interesting.

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When you said there is no “absolute bottom” were you talking about housing or dating ?

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[quote=sdduuuude]…Some would pay that just to not have a landlord.[/quote]

Oh. It’s in 4S Ranch. That’s like having a mortgage and Landlord, with the Mello’s and the HOAs.

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temeculaguy made a comment a while back that was interesting.

He said that because Temecula went first, it was able to crash fully before the government bailouts and stimulus was able to reverse the crash. And, because of that, the burst played out and they are coming out of it now.

Not a bad theory, and possibly one that applies to San Diego when compared to the rest of the country, which suggests the second drop may be muted here.

That being said, though, I’m on track for a move-up purchase in 2 years and I’m very happy that I’m not being forced into a purchase any earlier. I think that will be a lower bottom than we see today.

So, I think you blinked a little early, but it may not hurt too bad. If we lose another 10%, you are out 70K. Some would pay that just to not have a landlord.

Are you saying you just cancelled the purchase that just went into escrow – or you cancelled other purchases earlier ?

You’ll have to change your name to rentedFor10Years soon.

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