Todays newsday (for sale, lender, houses)

[Crookhaven]

Originally Posted by Walter Greenspan

Crooks, certainly stay away from the New York Times (the article you cite is just one example of the falling journalistic standards at, what once was, a great newspaper).

You might want to read The Foundation for Economic Education, home to free-market education, freedom and prosperity for over 50 years. and Power Line .

The Foundation for Economic Education, home to free-market education, freedom and prosperity for over 50 years. has a daily eMail newsletter that you can subscribe to.


Chag Sameach* Chanukah**


* KHAHG sah-MEHY-ahkh = A Joyous Holiday
** KHAH-nik-uh, KHAH-noo-kah = Rededication

This year, the 8-day rabbinic Jewish Festival of Chanukah began at sundown on Sunday, December 21 on the civil calendar.

I do agree that the absence of Greenspan and Barney Frank were suspect but its still the high water mark.


BTW

Happy Hanukkah

Is there an offcial spelling of Hanukkah

When I was a kid it had a C then no C then sometimes a C

What gives Walter?

[Walter Greenspan]

Originally Posted by Crookhaven

Is there an offcial spelling of Hanukkah

When I was a kid it had a C then no C then sometimes a C

What gives Walter?

I see that you prefer President Bush's spelling: Hanukkah.


The initial Hebrew letter can be transliterated as "CH" or "H", or even "KH".

[Crookhaven]

Originally Posted by Walter Greenspan

I see that you prefer President Bush's spelling: Hanukkah.


The initial Hebrew letter can be transliterated as "CH" or "H", or even "KH".

I really hate that spelling but when I went to get a Chanukah card this year thats what was there.

Its a right wing conspiracy.

: )

crooks

[dman72]

Originally Posted by Walter Greenspan

Crooks, certainly stay away from the New York Times (the article you cite is just one example of the falling journalistic standards at, what once was, a great newspaper).

You might want to read The Foundation for Economic Education, home to free-market education, freedom and prosperity for over 50 years. and Power Line .

The Foundation for Economic Education, home to free-market education, freedom and prosperity for over 50 years. has a daily eMail newsletter that you can subscribe to.


Chag Sameach* Chanukah**


* KHAHG sah-MEHY-ahkh = A Joyous Holiday
** KHAH-nik-uh, KHAH-noo-kah = Rededication

This year, the 8-day rabbinic Jewish Festival of Chanukah began at sundown on Sunday, December 21 on the civil calendar.

"New York times failing journalistic standards"

Translation: "does not support neo-con/right wing talk radio agenda."

Someone should tell the guys on that site about the "myth" that capitalism is some sort of organic force that operates outside of all human faults. "The myth of the Robber Barons". Puh-lease.

[Crookhaven]

Originally Posted by dman72

"New York times failing journalistic standards"

Translation: "does not support neo-con/right wing talk radio agenda."

Someone should tell the guys on that site about the "myth" that capitalism is some sort of organic force that operates outside of all human faults. "The myth of the Robber Barons". Puh-lease.

Im still trying to convince my Mother in Law that Rush Limbaugh isnt
"The News".

To each his own.

crooks

[Jrprofess]

Originally Posted by dman72

"New York times failing journalistic standards"

Translation: "does not support neo-con/right wing talk radio agenda."

Someone should tell the guys on that site about the "myth" that capitalism is some sort of organic force that operates outside of all human faults. "The myth of the Robber Barons". Puh-lease.

I am on the left (voted Obama) but do agree that NY Times is not the same paper it used to be...but what grand newspaper is anymore??

[Smash255]

Originally Posted by Walter Greenspan

Crooks, I suggest a little less Daily Kos.

Beginning with "Growing Gov't Hand: 1933-38", and continuing through "Today 2008", in American Thinker: Why the Mortgage Crisis Happened", independent scholar M. Jay Wells provides a step-by-step history of exactly how it was repeated government interference, and not free-market capitalism, that was at the root of the current mortgage industry debacle.

Independent?? Wells is a staunch conservative....

[Smash255]

One of the biggest deal breakers in 05 was an amendment to the bill added by Senator Robert Bennett of Utah which would allow congress to block receivership. That made the bill much weaker and played a big role in killing the bill. One of Frank's and Dodd's major objections is that the reform did not go far enough, and the Bennett amendment was the straw that broke the Camel's back.

[Elke Mariotti]

Originally Posted by okaydorothy

Yeah but the banks arent appraising the properties. My home which I bought in 2004 for 429,000 ; yesterday I went into BOA to see if I could refinance and it was worth $340,000. Seemingly their valuation dropped 44,000 in a week!!! I owe 326,000 on it so I cannot refinance. My credit is very good, I am self employed and my dh has a good job. I just wanted to see if I could refinance for 4.25%

d

I was at BofA Tuesday and lo and behold, their posted mortgage rates for a 30yr fixed rate plus was... 7.25%!!!! (don't know what the plus stands for--no time to ask) What are they smoking?

[Elke Mariotti]

Originally Posted by dman72

I'm in the same boat then..We're probably about $10k in the red on our condo if you look at recent sales in our condo, so refinancing probably isn't an option.

What are banks charging for closing costs (ie money flushed down the drain) on refi's? We have some money in the bank and I wonder if it makes sense to whack the principle down and then refinance to lower our monthly payment.

Ask your lender if they'll consider a modification of your loan--would save you tons of money. Sometimes they'll agree - worth a try, what do you think?