[SK in CV]

[quote=Allan from Fallbrook]
Investor: BigGubment isn’t falling for the propaganda at all, he’s spreading it. If you haven’t noticed, he hasn’t responded to a single post attacking his lack of facts, or his clear Leftist slant.

This has nothing to do with Whitman and everything to do with a pre-planned smear on a GOP candidate.[/quote]

This might be propaganda. Though I suspect that the timing has more to do with something Gloria Allred wants, and is only peripherally related to the election. Allred is partisan. But more than that, she’s an attention whore. So there’s little chance the timing is for Jerry Brown. The timing is for Gloria Allred. And if this woman had worked for Jerry Brown, I doubt the timing would be any different.

It doesn’t appear it has any resemblance to a smear. The swiftboating of John Kerry? Now that was a smear. The birthers? That’s a smear. Claims with absolutely no factual basis and no relation to the election. This appears to be based on pretty good facts, even acknowledged facts. I don’t happen to think those facts are material.

But this is politics. Little nothings, like this should be, become big news. Anyone who is suprised that there’s politics in politics just hasn’t been paying attention.

[SK in CV]

[quote=Allan from Fallbrook]
Investor: BigGubment isn’t falling for the propaganda at all, he’s spreading it. If you haven’t noticed, he hasn’t responded to a single post attacking his lack of facts, or his clear Leftist slant.

This has nothing to do with Whitman and everything to do with a pre-planned smear on a GOP candidate.[/quote]

This might be propaganda. Though I suspect that the timing has more to do with something Gloria Allred wants, and is only peripherally related to the election. Allred is partisan. But more than that, she’s an attention whore. So there’s little chance the timing is for Jerry Brown. The timing is for Gloria Allred. And if this woman had worked for Jerry Brown, I doubt the timing would be any different.

It doesn’t appear it has any resemblance to a smear. The swiftboating of John Kerry? Now that was a smear. The birthers? That’s a smear. Claims with absolutely no factual basis and no relation to the election. This appears to be based on pretty good facts, even acknowledged facts. I don’t happen to think those facts are material.

But this is politics. Little nothings, like this should be, become big news. Anyone who is suprised that there’s politics in politics just hasn’t been paying attention.

[SK in CV]

[quote=Allan from Fallbrook]
Investor: BigGubment isn’t falling for the propaganda at all, he’s spreading it. If you haven’t noticed, he hasn’t responded to a single post attacking his lack of facts, or his clear Leftist slant.

This has nothing to do with Whitman and everything to do with a pre-planned smear on a GOP candidate.[/quote]

This might be propaganda. Though I suspect that the timing has more to do with something Gloria Allred wants, and is only peripherally related to the election. Allred is partisan. But more than that, she’s an attention whore. So there’s little chance the timing is for Jerry Brown. The timing is for Gloria Allred. And if this woman had worked for Jerry Brown, I doubt the timing would be any different.

It doesn’t appear it has any resemblance to a smear. The swiftboating of John Kerry? Now that was a smear. The birthers? That’s a smear. Claims with absolutely no factual basis and no relation to the election. This appears to be based on pretty good facts, even acknowledged facts. I don’t happen to think those facts are material.

But this is politics. Little nothings, like this should be, become big news. Anyone who is suprised that there’s politics in politics just hasn’t been paying attention.

[SK in CV]

[quote=Allan from Fallbrook]
Investor: BigGubment isn’t falling for the propaganda at all, he’s spreading it. If you haven’t noticed, he hasn’t responded to a single post attacking his lack of facts, or his clear Leftist slant.

This has nothing to do with Whitman and everything to do with a pre-planned smear on a GOP candidate.[/quote]

This might be propaganda. Though I suspect that the timing has more to do with something Gloria Allred wants, and is only peripherally related to the election. Allred is partisan. But more than that, she’s an attention whore. So there’s little chance the timing is for Jerry Brown. The timing is for Gloria Allred. And if this woman had worked for Jerry Brown, I doubt the timing would be any different.

It doesn’t appear it has any resemblance to a smear. The swiftboating of John Kerry? Now that was a smear. The birthers? That’s a smear. Claims with absolutely no factual basis and no relation to the election. This appears to be based on pretty good facts, even acknowledged facts. I don’t happen to think those facts are material.

But this is politics. Little nothings, like this should be, become big news. Anyone who is suprised that there’s politics in politics just hasn’t been paying attention.

[SK in CV]

This really should be all but a non-issue. If, in fact, she really verfied legal residency status, beyond what she was told by the employment agency, she went way beyond what most people in California do. People should be much more concerned that her financial plan for the state will balloon the deficit. But that won’t get the air time it should. Gotcha politics. And her opponent doesn’t have to say a word.

[SK in CV]

This really should be all but a non-issue. If, in fact, she really verfied legal residency status, beyond what she was told by the employment agency, she went way beyond what most people in California do. People should be much more concerned that her financial plan for the state will balloon the deficit. But that won’t get the air time it should. Gotcha politics. And her opponent doesn’t have to say a word.

[SK in CV]

This really should be all but a non-issue. If, in fact, she really verfied legal residency status, beyond what she was told by the employment agency, she went way beyond what most people in California do. People should be much more concerned that her financial plan for the state will balloon the deficit. But that won’t get the air time it should. Gotcha politics. And her opponent doesn’t have to say a word.

[SK in CV]

This really should be all but a non-issue. If, in fact, she really verfied legal residency status, beyond what she was told by the employment agency, she went way beyond what most people in California do. People should be much more concerned that her financial plan for the state will balloon the deficit. But that won’t get the air time it should. Gotcha politics. And her opponent doesn’t have to say a word.

[SK in CV]

This really should be all but a non-issue. If, in fact, she really verfied legal residency status, beyond what she was told by the employment agency, she went way beyond what most people in California do. People should be much more concerned that her financial plan for the state will balloon the deficit. But that won’t get the air time it should. Gotcha politics. And her opponent doesn’t have to say a word.

[SK in CV]

[quote=SD Realtor]
SK as a side note I do not see how the actions of either president, Bush or Obama have done anything to promote a stronger dollar. It appears to me that if anything both of their policies have severely weakened the dollar. Perhaps as you stated the intent of congress is to promote a strong dollar but I am not so sure I believe that.[/quote]

I didn’t say strong dollar. I said stable dollar. And I think it is the one of the functions of the government to attempt to maintain that stability. (I believe it is actually a direct charge of the federal reserve bank.) I don’t think it’s always an easy task. And with limited regulation, it’s not always possible. While it hasn’t always been done perfectly, the fact that we are by far the largest debtor nation, and continue to peddle that soveriegn debt to a willing foreign and domestic market, is evidence of at least limited success.

[SK in CV]

[quote=SD Realtor]
SK as a side note I do not see how the actions of either president, Bush or Obama have done anything to promote a stronger dollar. It appears to me that if anything both of their policies have severely weakened the dollar. Perhaps as you stated the intent of congress is to promote a strong dollar but I am not so sure I believe that.[/quote]

I didn’t say strong dollar. I said stable dollar. And I think it is the one of the functions of the government to attempt to maintain that stability. (I believe it is actually a direct charge of the federal reserve bank.) I don’t think it’s always an easy task. And with limited regulation, it’s not always possible. While it hasn’t always been done perfectly, the fact that we are by far the largest debtor nation, and continue to peddle that soveriegn debt to a willing foreign and domestic market, is evidence of at least limited success.

[SK in CV]

[quote=SD Realtor]
SK as a side note I do not see how the actions of either president, Bush or Obama have done anything to promote a stronger dollar. It appears to me that if anything both of their policies have severely weakened the dollar. Perhaps as you stated the intent of congress is to promote a strong dollar but I am not so sure I believe that.[/quote]

I didn’t say strong dollar. I said stable dollar. And I think it is the one of the functions of the government to attempt to maintain that stability. (I believe it is actually a direct charge of the federal reserve bank.) I don’t think it’s always an easy task. And with limited regulation, it’s not always possible. While it hasn’t always been done perfectly, the fact that we are by far the largest debtor nation, and continue to peddle that soveriegn debt to a willing foreign and domestic market, is evidence of at least limited success.

[SK in CV]

[quote=SD Realtor]
SK as a side note I do not see how the actions of either president, Bush or Obama have done anything to promote a stronger dollar. It appears to me that if anything both of their policies have severely weakened the dollar. Perhaps as you stated the intent of congress is to promote a strong dollar but I am not so sure I believe that.[/quote]

I didn’t say strong dollar. I said stable dollar. And I think it is the one of the functions of the government to attempt to maintain that stability. (I believe it is actually a direct charge of the federal reserve bank.) I don’t think it’s always an easy task. And with limited regulation, it’s not always possible. While it hasn’t always been done perfectly, the fact that we are by far the largest debtor nation, and continue to peddle that soveriegn debt to a willing foreign and domestic market, is evidence of at least limited success.

[SK in CV]

[quote=SD Realtor]
SK as a side note I do not see how the actions of either president, Bush or Obama have done anything to promote a stronger dollar. It appears to me that if anything both of their policies have severely weakened the dollar. Perhaps as you stated the intent of congress is to promote a strong dollar but I am not so sure I believe that.[/quote]

I didn’t say strong dollar. I said stable dollar. And I think it is the one of the functions of the government to attempt to maintain that stability. (I believe it is actually a direct charge of the federal reserve bank.) I don’t think it’s always an easy task. And with limited regulation, it’s not always possible. While it hasn’t always been done perfectly, the fact that we are by far the largest debtor nation, and continue to peddle that soveriegn debt to a willing foreign and domestic market, is evidence of at least limited success.

[SK in CV]

[quote=SD Realtor]I can understand the logic… it is simply a kick the can down the road policy…

[/quote]

No. It isn’t. Kick the can would be reducing the interest rate or deferring interest and not adjusting the principle balance. Adjusting the principle balance turns (or at least may turn) an underwater loan into a good loan. Permanently. I don’t suspect there will ever be widespread principle adjustments, either as a result of legislation or otherwise. Even if congress were to reinstitute the cram-down provisions of the bankruptcy law, as applies to personal residences, it still wouldn’t happen very often. Even though maybe it should. But this doesn’t necessarily create only a temporary fix. It may very well be a permanent fix for some borrowers.

[Author]

Posts