U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > General U.S.
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 07-29-2010, 05:20 PM
 
Location: Hernando County, FL
8,488 posts, read 17,953,157 times
Reputation: 5397

Advertisements

Quote:
Originally Posted by GraniteStater View Post
What are the acronyms CRA and HMDA?
Community Reinvestment Act and Home Mortgage Disclosure Act
Reply With Quote Quick reply to this message

 
Old 07-29-2010, 05:40 PM
 
Location: St Paul, MN - NJ's Gold Coast
5,256 posts, read 11,971,236 times
Reputation: 3093
With all the constant upgrading in technology and fashion, people are spening a lot of money on things they don't really need. The media displays wealth way too much to society as if it's the only way to live a good life. It's really bad.

Too much wealth isn't good if you ask me. This country is turning very greedy, spoiled, and selfish.
Reply With Quote Quick reply to this message
 
Old 07-29-2010, 06:46 PM
 
129 posts, read 162,448 times
Reputation: 80
^So? What if we are turning 'greedy, spoiled, and selfish'? I'm not saying those aren't bad things but neither the government nor anyone else has any right to force us to be otherwise.

As for the idiots waisting money they don't have on things they don't need - let them. When they lose everything though, they sure as hell better not expect some tax-payer handout or service to get them back on track. They have no one but themselves to blame if they get too far in debt.
Reply With Quote Quick reply to this message
 
Old 07-29-2010, 10:17 PM
 
Location: Lower East Side, Milwaukee, WI
2,945 posts, read 4,153,589 times
Reputation: 1113
Quote:
Originally Posted by MinnesotaTwins View Post
^So? What if we are turning 'greedy, spoiled, and selfish'? I'm not saying those aren't bad things but neither the government nor anyone else has any right to force us to be otherwise.

As for the idiots waisting money they don't have on things they don't need - let them. When they lose everything though, they sure as hell better not expect some tax-payer handout or service to get them back on track. They have no one but themselves to blame if they get too far in debt.
There's that compassionate conservatism at work.
Reply With Quote Quick reply to this message
 
Old 07-30-2010, 07:31 AM
 
Location: Soon to be Southlake, TX
648 posts, read 1,418,264 times
Reputation: 379
Quote:
Originally Posted by EastSideMKE View Post
There's that compassionate conservatism at work.
The government has no right to tell people how to live their lives. He is right. If you want that then you should have lived in the USSR. I lived there as a young child and it sucked. Here you have a choice to be a bum, live comfortably or get rich. I chose the latter. But when the middle class tries to live like they are rich (like right now) and then cry when they lose their job and benefits is it my fault they chose to blow their money on that Tahoe? They do not need a Tahoe and they could barely afford it which is why they leased it. Their ignorance should not become everybody's problem. I agree everybody should get health care when they need it and I know for a fact there were programs in place for the unemployed because my uncle was on it. Not sure about the person you know, or saw on television. There may need to be some sort of health care reform but definitely not Obama's and definitely not Canada's.
Reply With Quote Quick reply to this message
 
Old 07-30-2010, 08:06 AM
 
Location: Lower East Side, Milwaukee, WI
2,945 posts, read 4,153,589 times
Reputation: 1113
Quote:
Originally Posted by RussianIvanov View Post
The government has no right to tell people how to live their lives. He is right. If you want that then you should have lived in the USSR. I lived there as a young child and it sucked. Here you have a choice to be a bum, live comfortably or get rich. I chose the latter. But when the middle class tries to live like they are rich (like right now) and then cry when they lose their job and benefits is it my fault they chose to blow their money on that Tahoe? They do not need a Tahoe and they could barely afford it which is why they leased it. Their ignorance should not become everybody's problem.
If getting rich was so easy, then why don't more people do it? I guarantee you're just some rich boy who thinks he's middle-class, like they all seem to, but really came from a family with old money.

BTW, who do you think benefits from giving poor and lower middle class people car loans, mortgages, lines of credit, etc. that they can't afford? I don't know too many middle class people who own banks.

Quote:
Originally Posted by RussianIvanov View Post
I agree everybody should get health care when they need it and I know for a fact there were programs in place for the unemployed because my uncle was on it. Not sure about the person you know, or saw on television. There may need to be some sort of health care reform but definitely not Obama's and definitely not Canada's.
Not sure what you're responding to here, I never brought up healthcare. However, since you mentioned it, what's wrong with Canada's healthcare system? Canadians live longer than Americans and spend less per capita on healthcare. Sounds terrible.
Reply With Quote Quick reply to this message
 
Old 07-30-2010, 08:56 AM
 
Location: roaming gnome
12,391 posts, read 24,586,165 times
Reputation: 5668
Quote:
Originally Posted by BPerone201 View Post
With all the constant upgrading in technology and fashion, people are spening a lot of money on things they don't really need. The media displays wealth way too much to society as if it's the only way to live a good life. It's really bad.

Too much wealth isn't good if you ask me. This country is turning very greedy, spoiled, and selfish.
I agree, I hate what is going on especially in cities. They are losing their soul... they are becoming "middle america" essentially... white washed, yuppiefied, disneyfied suburban clean values, only imported into urban centers.
I am not sure how to stop the yuppification trend but it isn't good.
I am 29, and other people my age, at least a lot of them, and especially those coming right behind me are in a sense a bit pussified and sheltered to the real world. They also seem to have this sense of entitlement. Can't stand it, and if I can do anything I will do what it takes to help kill it and awaken their minds that all of that commercialism and wealth/status b.s. is all media generated. They have become sheep essentially.
I find most of my friends older than me or at least my own age, I just can't relate to the people coming up right behind me at all, for the most part, so shallow, it is sad. I feel like I can definitely relate to the 30-60 age range though, kind of odd how that works.

I agree with Russian, these people aren't broke and hurting, they were living over their means... They need to sell their house, downsize and possibly move.

Another problem is the minimum wage was jacked up way too fast. Minimum wage wasn't meant for that. There are plenty of people that could get "some" money if minimum wage was still lower. It would give an opportunity for people say 15-22 to enter the workforce. I think over 50% of people under 25 are currently unemployed. Also illegal immigration is out of control.

Last edited by grapico; 07-30-2010 at 09:05 AM..
Reply With Quote Quick reply to this message
 
Old 07-30-2010, 09:01 AM
 
20,976 posts, read 16,279,937 times
Reputation: 10270
Quote:
Originally Posted by BPerone201 View Post
With all the constant upgrading in technology and fashion, people are spening a lot of money on things they don't really need. The media displays wealth way too much to society as if it's the only way to live a good life. It's really bad.

Too much wealth isn't good if you ask me. This country is turning very greedy, spoiled, and selfish.
Hold on to your values. You have 100% control over your spending. As long as you control your spending, you will be OK.

Live within your means!
Reply With Quote Quick reply to this message
 
Old 07-30-2010, 09:59 AM
 
Location: Soon to be Southlake, TX
648 posts, read 1,418,264 times
Reputation: 379
Quote:
Originally Posted by EastSideMKE View Post
If getting rich was so easy, then why don't more people do it? I guarantee you're just some rich boy who thinks he's middle-class, like they all seem to, but really came from a family with old money.

BTW, who do you think benefits from giving poor and lower middle class people car loans, mortgages, lines of credit, etc. that they can't afford? I don't know too many middle class people who own banks.

Not sure what you're responding to here, I never brought up healthcare. However, since you mentioned it, what's wrong with Canada's healthcare system? Canadians live longer than Americans and spend less per capita on healthcare. Sounds terrible.
I am not a boy I am in my 20s and run a business passed down by my father. Pick a field you are good at and run with it. My father went into the remodeling industry so when I was young I worked construction then I went into the remodeling industry. But I was hardly born into money being from the USSR.

Yes so the same poor and middle class people who hate the rich so much are just as responsible for making the upper class gap grow even bigger. They are buying the services provided by entrepeneurs.

Canada has a two year longer life expectancy, do you not think the fact that America has a higher obesity rate has something to do with it and not health care? When you look at the quality of the health care the U.S. is far superior. If Americans took better care of their bodies you can bet the life expectancy in America would be much higher than Canada. But people make choices, if they want to pig out then that is their choice. I do not understand why the government should be controlling their choices. You want to give the government the power to make choices for people as if they are little kids. You want the government to parent adults.

Last edited by RussianIvanov; 07-30-2010 at 10:25 AM..
Reply With Quote Quick reply to this message
 
Old 07-30-2010, 11:09 AM
 
Location: A Land Not So Far Away
3,956 posts, read 2,819,777 times
Reputation: 5520
I don't think the middle class is necessarily shrinking. We're just in an economic crisis that's the largest in years, and we will eventually shake out of this. America is still a resilient nation, but we just have to get through challenges like the one we're in. Many families are in a state of flux in a lot of places. We have more college graduates than we've ever had; now, we're just waiting for an improved job market. We'll be back, but we don't know exactly when.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > General U.S.
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top