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10-10-2008, 08:41 AM
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Real Estate Agent
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Join Date: Sep 2007
Location: OK and Cape Cod, MA
1,375 posts, read 830,539 times
Reputation: 620
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[quote=jessaka;5629849
Mark, I am just as angry over this bailout. I wish that Obama had voted against it. I have this feeling that neither of them knew what the outcome was going to be. I don't think anyone knew or knows. I think we were all sold out somehow. But then again, maybe it will work itself out. It would have been so much easier to have frozen those mortgage rates.
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Those who are against the "bail out" don't have the first clue about how the economy works.
Freezing mortgage rates is putting a bandaid on a gushing artery bleed. Something drastic needed to be done in order to save the economy of the US as well as much of the rest of the world.
In addition, all these "bail outs" carry a hefty interest rate which will make us money in the long run.
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10-10-2008, 08:43 AM
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Real Estate Agent
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Join Date: Sep 2007
Location: OK and Cape Cod, MA
1,375 posts, read 830,539 times
Reputation: 620
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As a final observation -- not directed at anybody in particular.
Over the years I have lived in this country I have come to the conclusion that Americans do not deserve to be in a democracy and should not be allowed to vote.
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10-10-2008, 08:55 AM
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Senior Member
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Join Date: Aug 2006
3,725 posts, read 3,307,031 times
Reputation: 1146
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Thank you Schousse. I hope you are right about the bailout. I also like what you said about American not deserving to be in a democracy. I also like how Bill Maher said it, The United Stupid States of America," or something like that.
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10-10-2008, 08:58 AM
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Curmudgeon
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Join Date: Sep 2007
Location: Pawnee Nation
3,934 posts, read 2,192,338 times
Reputation: 2242
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Quote:
Originally Posted by Schousse
As a final observation -- not directed at anybody in particular.
Over the years I have lived in this country I have come to the conclusion that Americans do not deserve to be in a democracy and should not be allowed to vote.
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or breed..........
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10-10-2008, 04:58 PM
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Senior Member
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Join Date: Aug 2006
3,725 posts, read 3,307,031 times
Reputation: 1146
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why is it that i still don't trust this bailout? Hmmmm.
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10-10-2008, 05:40 PM
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I'm not there because I'm here
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Join Date: Aug 2007
3,220 posts, read 1,855,547 times
Reputation: 896
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Quote:
Originally Posted by Goodpasture
or breed..........
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That's what the Darwin Awards are for. Recognizing the truly stupid who have removed themselves from the gene pool.
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10-10-2008, 07:07 PM
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Get rid of that stinkin thinkin!
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Join Date: Oct 2006
Location: Fort Worth/Dallas
11,911 posts, read 9,482,726 times
Reputation: 4740
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Schousse, I know that you and GP are professionals in the real estate/appraisal industry, but I don't have a good feeling about the bailout nonetheless. I DO hope that I am wrong and you are right.
As for having the right to vote, I think you are correct based upon the knuckleheads we've elected into office (whether it be Democrat or Republican).
Breeding? You have to have a license to drive a car but any idiot can have kids. Although I do have to say that I feel we've done an outstanding job raising our fine daughter.
Obama....
Obama is so charismatic it's almost scary. Case in point; I disagree with his stance on most things, but whenever I hear him speak it's almost hypnotic how persuasive he is. Without a doubt he is one of the most likeable people I've ever seen run for President.
I'm 98% confident that Mr. Obama will be our next President; and although I don't agree with most of his policies, I will cheer him on and hope that he will be the best President this country has ever had.
I will support him and wish he and his family well. I honestly believe that he has the best intentions at heart even if I don't agree with his policies.
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10-10-2008, 08:48 PM
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Curmudgeon
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Join Date: Sep 2007
Location: Pawnee Nation
3,934 posts, read 2,192,338 times
Reputation: 2242
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Quote:
Originally Posted by Synopsis
Schousse, I know that you and GP are professionals in the real estate/appraisal industry, but I don't have a good feeling about the bailout nonetheless. I DO hope that I am wrong and you are right.
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You did hear that Iceland was put on Ebay? Also that the current proposal is that the US Government is planning to take equity in the banks they bail out? THAT is scary.
Frankly ( and this is somewhat self interest) I would like to see every loan, prior to going into foreclosure, have to go through a full audit of the loan documentation. If significant (and we can argue about what significant means some other time) errors occurred, then a real value put on the property and a reasonable loan put in place at a fair value as of the time of the original purchase. If there is fraud evident in the documents, then the parties that participated and benefited should be criminally charged. This includes the appraiser, the loan officer, the processor, the title company, the Realtor, the Account Representative for the wholesale lender, the Wholesale lender, right on up the chain. Any proceeds from the fraudulent loan should be forfeited and damages should be trebled, and a fine and jail time imposed on everyone involved. The investigative costs should be borne by the institution that owns the note.
Quote:
Originally Posted by Synopsis
Obama is so charismatic it's almost scary. Case in point; I disagree with his stance on most things, but whenever I hear him speak it's almost hypnotic how persuasive he is. Without a doubt he is one of the most likeable people I've ever seen run for President.
I'm 98% confident that Mr. Obama will be our next President; and although I don't agree with most of his policies, I will cheer him on and hope that he will be the best President this country has ever had.
I will support him and wish he and his family well. I honestly believe that he has the best intentions at heart even if I don't agree with his policies.
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I stated this on another forum, but I have nothing but respect for McCain. He has served our country and his state honorably and with integrity. My problem is his economics. I am a demand side proponent. He is a supply side proponent. Obama is a demand side proponent. My vote has nothing to do with respect, liking, disliking, or otherwise personality based. Given a chance to hang with either of them, I would choose McCain over Obama every time. McCain is western, he has guns, he is a Viet Vet, and his wife owns a beer distributorship. Obama is an inner city Chicago resident. I don't even care that much for my cousins in Chicago. Obama is not a gun guy. I doubt he would know Red Rock from Steel Dust. He hangs out in a radical church (probably for political reasons).
Over all, McCain is my kind of guy. But he is a supply sider. I am a demand sider. Obama is a demand sider. Clinton was a demand sider. FDR was a demand sider. Hoover was a supply sider. Reagan was a supply sider.
They are/were all good men with a love for this country of ours. We just have contradicting beliefs in economics.
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10-10-2008, 11:49 PM
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Senior Member
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Join Date: Jun 2007
299 posts, read 179,777 times
Reputation: 299
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Jessaka, I cannot nor will not dissuade you from your decision to move away from Oklahoma. But I must stress that one cannot hold the entire state responsible for the ignorant and blatant actions of a mere few. It is easy for anyone to sum up the local culture by the remarks of a dozen, maybe two dozen.
The reality is, racism is everywhere in America and is still very much alive. It is equally racist to try very hard to be accepting of different ethnicities as it is to be openly opposed. People, no matter where you go, will always say such foolish things, and in a country so divided, it is inescapable. This is our world today. Not just Oklahoma.
I am deeply disheartened at what Americans have forgotten. We are so easily distracted by political sidelining, agendas and wasteful babble from a ****-poor media. Each election, I take a close look at the state of our nation. With that in mind, I go to the polls ready to make my mark. But I go with one need... one hope in mind... that we find a leader that is brave enough to give America back to its people. Neither Obama, nor McCain, possess that desire.
As far as Oklahoma is concerned, when I think of Oklahoma, I hold what's nearest to my heart... what Oklahoma is truly about... the final frontier of that ambitious American dream. And it is sad that the beauty that brought Oklahoma to life has been ravaged by trash-talk from her own people and those not a part of her.
My deepest sympathies and I wish you the best, where ever your new home may be.
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10-11-2008, 12:05 AM
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Senior Member
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Join Date: Jan 2008
Location: Norman
330 posts, read 279,688 times
Reputation: 276
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Quote:
Originally Posted by jessaka
Thank you Schousse. I hope you are right about the bailout. I also like what you said about American not deserving to be in a democracy. I also like how Bill Maher said it, The United Stupid States of America," or something like that.
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Not directing at anyone, but those that don't like it here are free to leave at any time. Don't understand why people insist on always criticizing this country and blaming it for every wrong in the universe? There are millions of people each year trying to get here and enjoy what we have. Maybe we should take a look around and be thankful once in a while, I know I am.
As for Maher, I respect his right to voice his opinion because in other countries he would probably be thrown in dark hole never to be heard from again. Does it make us the stupid states for letting him voice his opinion or the stupid states for not throwing him in that dark hole?
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