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Old 03-02-2009, 09:59 AM
 
1,592 posts, read 3,325,432 times
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Here's my definition of a liberal: control freak
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Old 03-02-2009, 10:00 AM
 
Location: Castle Hills
1,136 posts, read 2,462,959 times
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Wow.. 70ford, tell me you that is a joke.
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Old 03-02-2009, 10:44 AM
 
19,358 posts, read 17,495,171 times
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Default rent and interest economy eh?

Quote:
Originally Posted by 70Ford View Post
It hit me like a ton of bricks. It's so simple, so elegant, so dastardly in its effectiveness, it should've been seen earlier than today....but wasn't.

Rents need to go up.

Think about it. Are homes too expensive? NO! If they were, we wouldn't be trying to prop up the market. They're supposed to be this expensive.

What the U.S. needs to do is raise rents - nationwide. Simple, effective. Dastardly. Home prices don't have to fall if rents increase dramatically. What we need to do it make it just as expensive to rent as to buy. I suggest taxes. New, wonderful taxes. Rents should correlate to housing. In fact, rents should include things like "Roof gonna cave in sometime this year, better get it replaced" fees and "Dang 'ol lawn mower died" surcharge and the ever popular "ARGH! #$%# KIDS AND THEIR #$%#$ BASEBALLS!!! tax."

Look, if you made renting the same as buying a home, you'd make people want to buy a home. But....and here's the kicker...make owning a home cheaper than renting. See? That's the secret. Renters know it. It's cheaper to rent. But what if it wasn't? Paradigm shift, people.......paradigm shift.

Say it with me. Feel it...... as it rolls off the tongue. No more housing problems. Renting would only be used by those who didn't want to upkeep a house. Same as buying furniture, really. You know, you can rent furniture or you can buy it. Who buys it? EVERYONE BUYS IT.

But, why? Why, 70Ford? Why do they buy it?

Because it makes more economic sense to buy than rent.


Hi 70Ford,


So instead of just interest you think adding land rents are the solution. That will put an ax in the head of the goods and services economy. Your plan is utter folly and the complete opposite solution to the very thing that plaques us. Finance, Insurance, and real estate economy.
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Old 03-02-2009, 10:46 AM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,474 posts, read 14,853,529 times
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Quote:
Originally Posted by wheelsup View Post
He's being sarcastic, you guys can't see that?
Absolutely.

Quote:
Originally Posted by ufcrules1 View Post
Wow.. 70ford, tell me you that is a joke.
I thought it was hilarious. It makes so much sense in a totally stupid sort of way. Just think about it. With rents and housing prices sky high, you could get to know your parents again....or your mother-in-law...or your brother...or just some random person....'cuz hey, you can't afford to pay to live anywhere.

ROFL

Last edited by 70Ford; 03-02-2009 at 10:56 AM..
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Old 03-02-2009, 10:52 AM
 
29,711 posts, read 37,168,407 times
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Quote:
Originally Posted by Randomdude View Post
The economy is contracting because of a loss of demand. What demand segment are all of these people with loan money going to fill? Who is going to buy their stuff? Better yet, what kind of "jobs" are most of these loans going to result in? McJobs? Small mom and pop businesses normally do not pay sustainable wages.
Everyone got say a $30,000 check. Some would create jobs others would blow it. About 1 year later we would be back around with the broke people screaming at the rich people who have all the money.
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Old 03-02-2009, 10:57 AM
 
48,507 posts, read 90,763,461 times
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Why does OP think that those loans seemed so cheap;because in many cases they were lower renting and man sold later at a huge profit.
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Old 03-02-2009, 11:02 AM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,474 posts, read 14,853,529 times
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American Airlines Now Charging Fees To Non-Passengers | The Onion - America's Finest News Source

Kind of in he same vein, heh.
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Old 03-02-2009, 11:21 AM
 
19,358 posts, read 17,495,171 times
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Quote:
Originally Posted by BigJon3475 View Post
Everyone got say a $30,000 check. Some would create jobs others would blow it. About 1 year later we would be back around with the broke people screaming at the rich people who have all the money.
Hi BigJon3475,

Do you have any evidence for that? Do you know why Obama is trying $13 a week instead of Bush's lump sum?
Plan Tries Slow, Steady Stimulus to Revive Spending

Plan Tries Slow, Steady Stimulus to Revive Spending - WSJ.com
When the government sent lump-sum checks for the 2001 and 2008 stimulus packages, Americans stashed most of the cash in savings or paid off debt. Neither of those actions fulfills the goals of a stimulus intended to offset weak consumer spending.


We spend to much, we don't save enough, we spend too much, we don't save enough........

Most Americans in 2006 assessed correctly that they could afford what they were spending on existing conditions. Most people are not brilliant economists however. Most people saw the rate of inflation( caused by government and banks), saw the interest deduction as an inflation hedge( caused by government and banks), and did not know the extent of the sub prime fraud (caused by government and banks).

The story that the banksters are tying to pull is this massive ponzi scheme was hatched by these people.

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Old 03-02-2009, 11:24 AM
 
19,358 posts, read 17,495,171 times
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Quote:
Originally Posted by 70Ford View Post
Absolutely.



I thought it was hilarious. It makes so much sense in a totally stupid sort of way. Just think about it. With rents and housing prices sky high, you could get to know your parents again....or your mother-in-law...or your brother...or just some random person....'cuz hey, you can't afford to pay to live anywhere.

ROFL
You.....@#$%@&*

I thought I remembered you talking some sense before.

Its actually a great reduction to the absurd.
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Old 03-02-2009, 11:47 AM
 
29,711 posts, read 37,168,407 times
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I can't argue against emotions, we all have those. You can look at even socialist societies and still all the wealth is in the hands of the people at the top. In fact 80 years of many different tax policies from 90% tax rates all the way down the line.


Table 4: Percentage of wealth held by the Top 10% of the adult population in various Western countries

Switzerland 71.3%
United States 69.8%
Denmark 65.0%
France 61.0%
.....

Figure 4: Share of wealth held by the Bottom 99% and Top 1% in the United States, 1922-1998.




Who Rules America: Wealth, Income, and Power



So basically democrats are using class warfare to get and stay in power. They can't and won't fix the system. They will just have all kinds of goodies built in their hometowns of which most couldn't get tax increases to pay for it themselves. States are not suppose to run into debt. The federal government can run debt like there is no tomorrow.
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