View Poll Results: Housing Bill - Will it work?
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Yes
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0% |
No
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23 |
65.71% |
Not Sure
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12 |
34.29% |
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07-26-2008, 06:40 PM
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#1
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2007
Posts: 5,596
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Housing Rescue Bill
Do you think this will help turn around the current housing mess we are in?
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I purr therefore I am.
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07-26-2008, 08:04 PM
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#2
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Location: No fixed abode
Posts: 8,764
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I voted no, since I don't think a bunch of politicians (any party, I'm not a partisan) can solve problems. They don't ever seem to grasp the law of unintended consequences. And that assumes they are really trying to help, as opposed to just assisting whatever special interest group owns them.
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"Good judgment comes from experience. Experience comes from bad judgement." - Anonymous (not Will Rogers or Sam Clemens)
DW and I - FIREd at 50 (7/06), living off assets
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07-26-2008, 08:16 PM
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#3
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Moderator
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,299
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No. Politicians are pandering opportunists. Not problem solvers.
The solution to the "problem" is obvious. Stop lending to people who can't pay it back.
Sheesh. Can it really be that hard to understand?
__________________
When I was a kid I wanted to be older. This is not what I expected.
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07-26-2008, 08:52 PM
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#4
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Full time employment: Posting here.
Join Date: Apr 2008
Posts: 702
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I think that they just moved the pain that some people are experiencing to another day sometime in the future.
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07-26-2008, 08:58 PM
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#5
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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I think you're going to have to define "will it work?" with a little more granularity.
Shoot, I feel like i'm in a staff meeting.
That isnt a good thing.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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07-27-2008, 05:31 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2007
Posts: 5,596
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Quote:
Originally Posted by cute fuzzy bunny
I think you're going to have to define "will it work?" with a little more granularity.
Shoot, I feel like i'm in a staff meeting.
That isnt a good thing.
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I've only been retired since January and suspect I still have some of the w*ork mentality. Trust me, the LAST thing I want to do is make anyone feel like they are in a meeting. It takes some time to shake it out of your system, particularly for those for of us who w*rked in the federal government. Perhaps I should have asked "do you think it will it help improve the housing market" with yes, no and not sure as options. In any event, that was the intent.
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I purr therefore I am.
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07-27-2008, 03:04 PM
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#7
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Recycles dryer sheets
Join Date: Dec 2006
Posts: 347
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__________________
USCG regulations say you have to go out. They don't say anything about coming back.
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07-27-2008, 03:37 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,396
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Quote:
Originally Posted by Walt34
No. Politicians are pandering opportunists. Not problem solvers.
The solution to the "problem" is obvious. Stop lending to people who can't pay it back.
Sheesh. Can it really be that hard to understand?
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No, that's pretty easy to understand. But the question is what should we do now that many people have already borrowed money that they can't pay back?
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07-27-2008, 03:56 PM
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#9
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Full time employment: Posting here.
Join Date: Jul 2008
Posts: 622
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Quote:
Originally Posted by JustCurious
No, that's pretty easy to understand. But the question is what should we do now that many people have already borrowed money that they can't pay back?
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Debtors' Prison?
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07-27-2008, 05:12 PM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,708
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Quote:
Originally Posted by Walt34
The solution to the "problem" is obvious. Stop lending to people who can't pay it back.
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Yahbut, there are those quarterly goals and the up front commissions!
Who gives a rats patootey about whether the debt stops getting paid a year or two down the road. "I got mine"!
This mentality is rife through the corporations world wide. It just doesnt usually come home to roost so severely.
People arent compensated to do the right thing by the company, the country or the economy. Just knee-jerk quarterly results.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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