I hereby resign from the Republicrat party....
09-05-2008, 09:59 PM
#131
3.0 BAR
Join Date: Aug 2004
Posts: 2,028
Re: I hereby resign from the Republicrat party....
Originally Posted by xenocron
Should consumers be responsible for going after Al Queido (---- i butchered that) when they attack us then?
What makes it necessary for the gov't to be responsible for protecting us from terrorists, but not responsible for protecting us from those that would like to take advantage of us in other ways?
How much gov't is too much and how much is too little?
What makes it necessary for the gov't to be responsible for protecting us from terrorists, but not responsible for protecting us from those that would like to take advantage of us in other ways?
How much gov't is too much and how much is too little?
It's the consumer's job to protect themselves from those that would take advantage of them financially. The best tool available to consumers to avoid being taken advantage of is financial education. The problem with that is that most people don't receive any financial education in high school, and those that do realize that you don't need a high paying job to succeed in life. If you're interested in financial education you should check out www.richdad.com .
Johnny has it right about how much is too much and how much is too little. Our problem right now is too much, we've got the government spending more money every year - and not just the federal government, it's the state governments too. If you follow the NYSE at all, you no doubt know what's going on with Fannie and Freddie. The two biggest mortgage companies in our country are getting fucked by all these bad loans and foreclosed properties they can't liquidate fast enough, and they're wanting a government bail out.
These are publicly traded companies, what do you think is going to happen if the government bails them out? Do a little research on it, and look at both of those stocks over the past month or so.
09-05-2008, 10:05 PM
#132
0.0 BAR
Thread Starter
Join Date: Feb 2003
Posts: 0
Re: I hereby resign from the Republicrat party....
Originally Posted by n1ghtm0nkey
We must have done something right because we haven't suffered a serious terrorist attack since 9/11.
Fear is your only god, nigmonkey.
09-05-2008, 10:22 PM
#133
0.0 BAR
Join Date: Jun 2008
Posts: 0
Re: I hereby resign from the Republicrat party....
Originally Posted by Stealthmode
Fear is your only god, nigmonkey.
i'd still love to hear johnny's theory on building 7
09-05-2008, 10:30 PM
#134
3.0 BAR
Join Date: May 2003
Posts: 5,380
Re: I hereby resign from the Republicrat party....
Originally Posted by chris
The housing issue was they were never of that value. Homes go up with the GNP in value not 40 percent in a year. Guys who worked at walmart got loans for 400k homes. The american public is has much to blame for housing has the government. No one forced the retarded homebuyer with a 15 dollar an hour job to go into a a situation they knew they couldnt pay after the loan switched to them actually paying for the house.
WE have to come to a basic conclusion a very large percentage of homes people got loans on they never paid a penny into. That is what allowed the insane pricing to happen. Pricing will go back to what its suppose to do prior to this. Have a down payment which most people cant save up for and a rock solid credit history.
Americans are has bad has their government. Our generation and our parents believe we should have it all without having the income nor background to have it. Somewhere down the line living simple in a small home isnt good enough for the average American anymore.
WE have to come to a basic conclusion a very large percentage of homes people got loans on they never paid a penny into. That is what allowed the insane pricing to happen. Pricing will go back to what its suppose to do prior to this. Have a down payment which most people cant save up for and a rock solid credit history.
Americans are has bad has their government. Our generation and our parents believe we should have it all without having the income nor background to have it. Somewhere down the line living simple in a small home isnt good enough for the average American anymore.
Originally Posted by random-strike
chris is right 
Is that normal?
09-05-2008, 10:44 PM
#135
0.0 BAR
Join Date: Dec 2002
Posts: 0
Re: I hereby resign from the Republicrat party....
Originally Posted by J.H.Christ
beat me to it- if you still believe two buildings of that size imploded into an area less than a city block because of an airplane, you are delusional.
i'd still love to hear johnny's theory on building 7
i'd still love to hear johnny's theory on building 7
09-05-2008, 11:16 PM
#136
0.0 BAR
Thread Starter
Join Date: Feb 2003
Posts: 0
Re: I hereby resign from the Republicrat party....
Cheney could have saved the demo crew a few headaches by taking out the rest of the Oklahoma City building too. I mean, that bastard building had it's face blown off and still didn't fall. Where was the old Dick then?
09-05-2008, 11:20 PM
#137
1.5 BAR
Join Date: Jun 2003
Location: Plant city,fl
Posts: 1,134
Re: I hereby resign from the Republicrat party....
Originally Posted by n1ghtm0nkey
Chris wins this discussion of why median home prices fell 40% over the last few years.
People got loans for bigger than they could afford, maxed out their credit cards, got down with loan sharks, you name it - they did it. Comes time to pay the mortgage, house gets foreclosed on. Bank in turn sells the property at a much lower price for a quick sale.
Pretty sure the president didn't have much to do with that. It's not his job to regulate that, it's the bank's job to not approve the consumer for more than he can afford, and it's the consumer's job to be financially responsible. Guess what, both the bank and the consumer failed at their jobs, and that graph reflects it.
People got loans for bigger than they could afford, maxed out their credit cards, got down with loan sharks, you name it - they did it. Comes time to pay the mortgage, house gets foreclosed on. Bank in turn sells the property at a much lower price for a quick sale.
Pretty sure the president didn't have much to do with that. It's not his job to regulate that, it's the bank's job to not approve the consumer for more than he can afford, and it's the consumer's job to be financially responsible. Guess what, both the bank and the consumer failed at their jobs, and that graph reflects it.
09-05-2008, 11:28 PM
#138
1.5 BAR
Join Date: Jun 2003
Location: Plant city,fl
Posts: 1,134
Re: I hereby resign from the Republicrat party....
Me also being a recent homebuyer was approved for 4 times what i payed for my place.I bought something you can pay off working at mcd's or on unemployment for a reason.Ive seen to many people get buried because THEY ARE STUPID AND DONT RESEARCH ----.I have the income,savings, and 401k to get alot of nice things i just roll low key so i dont get hated on or accused of being a drug dealer since i'm spanish.
09-06-2008, 04:06 PM
#139
3.0 BAR
Join Date: Dec 2006
Posts: 1,505
Re: I hereby resign from the Republicrat party....
Originally Posted by J.H.Christ
beat me to it- if you still believe two buildings of that size imploded into an area less than a city block because of an airplane, you are delusional.
Originally Posted by random-strike
dick cheney blew it up personally
