[Stu949]

Good info Huckleberry.

The government can’t give away freebies to those who were stupid. The moral hazard is too great.

If they think the number of people who are not paying is substantial now, wait until the people who are scraping by (but still current) say f’ it…

I have no doubt that if they bail out people with no strings, they will just cause more of what they are trying to prevent.

Just like when Hawaii tried state-wide socialized medicine. They said they did not account for the fact that everyone was going to drop their health insurance – they thought that people who could afford their premiums would decide to keep their current plans. Duh, everyone will act in their own self interest. If I don’t have to pay for health insurance, I won’t, even if I have the ability to pay.

If I don’t have to pay my mortgage, as the gov will bail me out, then I won’t. I think the gov realizes they have to be very careful how and who they bailout – and the terms under which they do it.

[Stu949]

Good info Huckleberry.

The government can’t give away freebies to those who were stupid. The moral hazard is too great.

If they think the number of people who are not paying is substantial now, wait until the people who are scraping by (but still current) say f’ it…

I have no doubt that if they bail out people with no strings, they will just cause more of what they are trying to prevent.

Just like when Hawaii tried state-wide socialized medicine. They said they did not account for the fact that everyone was going to drop their health insurance – they thought that people who could afford their premiums would decide to keep their current plans. Duh, everyone will act in their own self interest. If I don’t have to pay for health insurance, I won’t, even if I have the ability to pay.

If I don’t have to pay my mortgage, as the gov will bail me out, then I won’t. I think the gov realizes they have to be very careful how and who they bailout – and the terms under which they do it.

[Stu949]

Good info Huckleberry.

The government can’t give away freebies to those who were stupid. The moral hazard is too great.

If they think the number of people who are not paying is substantial now, wait until the people who are scraping by (but still current) say f’ it…

I have no doubt that if they bail out people with no strings, they will just cause more of what they are trying to prevent.

Just like when Hawaii tried state-wide socialized medicine. They said they did not account for the fact that everyone was going to drop their health insurance – they thought that people who could afford their premiums would decide to keep their current plans. Duh, everyone will act in their own self interest. If I don’t have to pay for health insurance, I won’t, even if I have the ability to pay.

If I don’t have to pay my mortgage, as the gov will bail me out, then I won’t. I think the gov realizes they have to be very careful how and who they bailout – and the terms under which they do it.

[Stu949]

Good info Huckleberry.

The government can’t give away freebies to those who were stupid. The moral hazard is too great.

If they think the number of people who are not paying is substantial now, wait until the people who are scraping by (but still current) say f’ it…

I have no doubt that if they bail out people with no strings, they will just cause more of what they are trying to prevent.

Just like when Hawaii tried state-wide socialized medicine. They said they did not account for the fact that everyone was going to drop their health insurance – they thought that people who could afford their premiums would decide to keep their current plans. Duh, everyone will act in their own self interest. If I don’t have to pay for health insurance, I won’t, even if I have the ability to pay.

If I don’t have to pay my mortgage, as the gov will bail me out, then I won’t. I think the gov realizes they have to be very careful how and who they bailout – and the terms under which they do it.

[Stu949]

Good info Huckleberry.

The government can’t give away freebies to those who were stupid. The moral hazard is too great.

If they think the number of people who are not paying is substantial now, wait until the people who are scraping by (but still current) say f’ it…

I have no doubt that if they bail out people with no strings, they will just cause more of what they are trying to prevent.

Just like when Hawaii tried state-wide socialized medicine. They said they did not account for the fact that everyone was going to drop their health insurance – they thought that people who could afford their premiums would decide to keep their current plans. Duh, everyone will act in their own self interest. If I don’t have to pay for health insurance, I won’t, even if I have the ability to pay.

If I don’t have to pay my mortgage, as the gov will bail me out, then I won’t. I think the gov realizes they have to be very careful how and who they bailout – and the terms under which they do it.

[Stu949]

Esmith, I have read similar info.

I don’t think this new effort will have much affect; especially in so Cal.

[Stu949]

Esmith, I have read similar info.

I don’t think this new effort will have much affect; especially in so Cal.

[Stu949]

Esmith, I have read similar info.

I don’t think this new effort will have much affect; especially in so Cal.

[Stu949]

Esmith, I have read similar info.

I don’t think this new effort will have much affect; especially in so Cal.

[Stu949]

Esmith, I have read similar info.

I don’t think this new effort will have much affect; especially in so Cal.

[Stu949]

No Fletch, no problems at all.

TG: yeah, I see your point. Thanks for the feedback.

Thanks all for the comments.

It was tough convincing the wife at first, but she now agrees that we made the right choice by waiting. I think I can keep her at bay for a little longer.

If things seem to remain constant for the next 6 to 9 months, we will probably buy next year. Like you all said, mid 2009 could be so bad that even my wife will say, “whoa, this did get worse.” I’m convinced it will, so like someone said, time is only our side. There is probably nothing we will miss by at least waiting another year.

Thanks again for the comments; and no sweat Fletch.

[Stu949]

No Fletch, no problems at all.

TG: yeah, I see your point. Thanks for the feedback.

Thanks all for the comments.

It was tough convincing the wife at first, but she now agrees that we made the right choice by waiting. I think I can keep her at bay for a little longer.

If things seem to remain constant for the next 6 to 9 months, we will probably buy next year. Like you all said, mid 2009 could be so bad that even my wife will say, “whoa, this did get worse.” I’m convinced it will, so like someone said, time is only our side. There is probably nothing we will miss by at least waiting another year.

Thanks again for the comments; and no sweat Fletch.

[Stu949]

No Fletch, no problems at all.

TG: yeah, I see your point. Thanks for the feedback.

Thanks all for the comments.

It was tough convincing the wife at first, but she now agrees that we made the right choice by waiting. I think I can keep her at bay for a little longer.

If things seem to remain constant for the next 6 to 9 months, we will probably buy next year. Like you all said, mid 2009 could be so bad that even my wife will say, “whoa, this did get worse.” I’m convinced it will, so like someone said, time is only our side. There is probably nothing we will miss by at least waiting another year.

Thanks again for the comments; and no sweat Fletch.

[Stu949]

No Fletch, no problems at all.

TG: yeah, I see your point. Thanks for the feedback.

Thanks all for the comments.

It was tough convincing the wife at first, but she now agrees that we made the right choice by waiting. I think I can keep her at bay for a little longer.

If things seem to remain constant for the next 6 to 9 months, we will probably buy next year. Like you all said, mid 2009 could be so bad that even my wife will say, “whoa, this did get worse.” I’m convinced it will, so like someone said, time is only our side. There is probably nothing we will miss by at least waiting another year.

Thanks again for the comments; and no sweat Fletch.

[Stu949]

No Fletch, no problems at all.

TG: yeah, I see your point. Thanks for the feedback.

Thanks all for the comments.

It was tough convincing the wife at first, but she now agrees that we made the right choice by waiting. I think I can keep her at bay for a little longer.

If things seem to remain constant for the next 6 to 9 months, we will probably buy next year. Like you all said, mid 2009 could be so bad that even my wife will say, “whoa, this did get worse.” I’m convinced it will, so like someone said, time is only our side. There is probably nothing we will miss by at least waiting another year.

Thanks again for the comments; and no sweat Fletch.

[Author]

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