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40682   dtbristol   2013 Dec 22, 1:16am  

All you would have to do if you wanted to change the gun laws would be to "donate" to public officials large sums of cash. That's how politics works. It's how things get done. It's what corporations do when they want laws changed to benefit them. The idea that Sandy Hook was perpetrated to change the gun laws is a bit obscene.

40683   upisdown   2013 Dec 22, 1:28am  

dtbristol says

All you would have to do if you wanted to change the gun laws would be to
"donate" to public officials large sums of cash. That's how politics works.

That's the hilarious part that bgamall won't admit, is that the zionist/Israel-only lobby is very effective without having to resort to inefficient and insane actions to fulfill their agendas.

Want proof, look at all the money(cash), military weapons and equipment, and 'loans'( that all mostly forgiven) that the USA gives to Israel by our politicians.

Why resort to such insane and scripted BS like bg's Sandy Hook scenario when they don't have to? Well, except to get people to involuntarily defend the actions of certain people that they weren't before.

40684   HydroCabron   2013 Dec 22, 1:50am  

Does anyone seriously believe that the Isrealis wouldn't have just shot the little kids if they really did Sandy Hook?

Option 1: Hire/coerce hundreds of people, all of whom must keep their mouths shut? Risk tremendous public outrage if a small number of them squeal, probably equal in ferocity to the outrage which would descend if you killed the kids.

Option 2: Shoot the kids, then plant Lanza's body. At most 10 people know, with as few as 2-3 operatives on the ground.

Hmm. Which of these makes more sense?

40685   MisdemeanorRebel   2013 Dec 22, 2:35am  

Reality says

Do you think any bum should be able to homestead on your lawn? or the patch of woods giving you privacy from your neighbor?

Simply limit people to 5 properties per household, of any kind, anywhere. Corporations may only own property they use, or better yet, can only lease. Corporations cannot be formed to hold or rent real estate; LLPs are okay but the limits apply to each and every member (ie Joe and Jack buy an office building, it counts as 1 property for both individuals).

Problem solved.

"Help, my freedom is being infringed. I only have one primary residence, a summer home, a beach house, and two rental condos! Yet, I also want to buy 100 acres of pine forest in Oregon and a shopping plaza but can't because I reached my limit. This is SOCIALISM!!!!"

40686   Bellingham Bill   2013 Dec 22, 5:08am  

Analyzer says

Why don't we have 1 year ARM loans starting at 1%, then the payments are really affordable.

This is exactly the trap Denmark has fallen into.

"The mortgage industry says it’s proving difficult to shift borrowers back into longer-term loans, even though households can now fix into rates as low as 3 percent over 30 years. Rates on one-year bonds are well below 1 percent."

http://www.bloomberg.com/news/2013-12-15/mortgage-banks-in-denmark-told-to-review-risk-as-new-law-debated.html

"In brief: household debt in Denmark is at 310% of GDP, a world record"

:facepalm:

40687   Bellingham Bill   2013 Dec 22, 5:11am  

"Do you think any bum should be able to homestead on your lawn? or the patch of woods giving you privacy from your neighbor?"

Sure. Maximum freedom is what libertarianism is all about, right?

"To prove a legal title to land one must trace it back to the man who stole it."

40688   thomaswong.1986   2013 Dec 22, 5:47am  

Bellingham Bill says

just for the record, my retired Apple millionaire friend was priced out of Los Altos, and that was 2-3 years ago.

real millionaires live in SilverCreek... even back in the day, why buy a chicken shack in LA when you can buy a modern home in SC.... whats the point, are you looking to bank roll the retailers on University Ave so they can charge you $5 cup of coffee ?

40689   HydroCabron   2013 Dec 22, 5:50am  

And to think: if it weren't for the army of off-duty convenience-store clerks and unemployed busboys (fired for cause) who sifted through all the evidence for smokong guns, Americans might still be laboring under the correct impression that Sandy Hook was the work of a nut who acted alone.

Once again, Internet sleuths blowing up jpegs and blurry video in mom's basement have exposed yet another nonconspiracy for sure!

Wake up sheeple!

40690   thomaswong.1986   2013 Dec 22, 5:52am  

nw888 says

It is the same thing in the nice areas of SoCal. Properties are generally being bid up by 10-20% over asking price. We've been outbid by cash buyers that have no contingencies. It's very competitive out there.

you have any proof of these other bidders... or are they fake to pump up prices ?

no.. this isnt Socialism... far from it.. its actually Capitalism...

If there were multiple offers as man REA have keep saying, we would never have seen prices fall by 30-40% as we have seen... its a tool used on fools...

http://www.thestar.com/business/real_estate/2013/04/18/consumer_minister_moves_to_protect_consumer_in_real_estate_deals.html

Ontario moves to protect consumer in real estate deals
Proposed legislation would outlaw 'phantom bids' and let consumers negotiate real estate fees.

All offers on a property would have to be presented in writing, rather than just verbally, so that bidders and their agents would have hard proof of the real competition they face for a property. The listing agent would be required to keep a record of each offer in case there are complaints later from losing bidders.
Some realtors have called for greater transparency in the bidding process, one citing a case last year where her clients bid $90,000 over the asking pricebid $90,000 over the asking price on a nearly million dollar home, under the impression there were other bids. When their agent found out later they were alone, the sellers agreed to accept $45,000 instead.

40691   tatupu70   2013 Dec 22, 5:54am  

Reality says

There is no such "well established relationship" between the two across different countries. North Korea has much lower nominal wealth disparity than the US; few would argue their economy is heathier than ours, outside of North Korea. LOL.

Not withstanding that one outlier doesn't negate an obvious trend, I'm not sure you are correct about North Korea.

http://www.emergingfrontiers.com/2013/08/11/income-gap-in-n-korea-widens/#more-15667

Reality says

That's the point that I was making. The amount of money/asset a person owns does not represent the total amount of power he/she wields; there is little correlation between the two when analysing across different societal context.

You're kidding, right? Little correlation between wealth and power?? Really?? Please stop it.

Reality says

You need to prove how North Korea's Kim's $1000/yr or so salary conveys more signal than noise.

Obviously Kim has other "benefits" that need to be accounted for--we're talking about wealth, remember? In any event--income includes non-monetary benefits as well.

Reality says

Why? Busts are leveling events. When you allow government bureaucrats to interfere, who do you think the government bureaucrats tend to help more? Their friends in the establishment of course!

Great point. Meteor strikes are leveling events too. So are massive volcanic eruptions.

In reality, busts are marginally leveling only for a short time--when economic recovery takes hold, the disparity continues according to its previous path.

40692   HydroCabron   2013 Dec 22, 6:33am  

bgamall4 says

HydroCabron says

Wake up sheeple!

Who the hell are you? Know anything about the theater shooting and any connection of the characters to Sandy Hook? I am still working on that. You are from Denver, right? The governor above just admitted that people spoke to him and told him to BE PREPARED FOR SOMETHING LIKE THIS HAPPENING.

What are you Hydro, completely and utterly retarded?

I know the mother of someone who was wounded in Aurora.

40693   Bellingham Bill   2013 Dec 22, 6:33am  

Someone with $1,000,000 in the bank (or available credit) can command 50 man-years of labor at $10/hr.

That's power.

Our mass media is all pay-for-play. No money, no message.

Politics, same thing, and this is related to the corrupt mass-media thing.

Our economy is still a land-based economy, too. Try living without food, clean water, material goods, or a place to sit in peace.

While ag and mine employment is small, this sector's surplus provides all of us the wealth we need to make our own production. And those who own the primary sector are doing pretty well now.

http://www.forbes.com/companies/koch-industries/

https://www.google.com/finance?q=NYSE:XOM

40694   Bellingham Bill   2013 Dec 22, 6:36am  

tatupu70 says

busts are marginally leveling only for a short time

What busts really do is increase concentration, from weaker to stronger hands.

Uncle Warren got through the recession fine. More than fine.

http://www.gurufocus.com/news/215195/warren-buffett-explains-why-he-purchased-burlington-northern-santa-fe-railroad

Millions of Casey Serin-type individual operators got shaken out of the real estate biz, to be replaced by the pros.

http://articles.chicagotribune.com/2013-09-29/marketplace/sns-201308022000--tms--realestmctnig-a20130809-20130809_1_hedge-funds-first-time-home-buyers-rental-units

40695   tatupu70   2013 Dec 22, 6:37am  

Bellingham Bill says

What busts really do is increase concentration, from weaker to stronger hands.

Agreed. It's worse than I said--there is a short leveling until the economy recovers and then it's worse than before.

40696   Homeboy   2013 Dec 22, 7:55am  

Ten Pound Bass, Dan, zzyzzx, errc, thomaswong, Call it Crazy, and all the others here who complain about the individual mandate should be happy now, but somehow they aren't. ???

40697   thomaswong.1986   2013 Dec 22, 8:06am  

Homeboy says

Ten Pound Bass, zzyzzx, errc, thomaswong, Call it Crazy, and all the others here who complain about the individual mandate should be happy now, but somehow they aren't. ???

someone has to fix it now...energy, time and effort that should have gone to create more jobs!

40698   Homeboy   2013 Dec 22, 8:13am  

Call it Crazy says

Wait, Mr. Cheerleader, if O'care is SO wonderful like you claim, why did the the main band leader have to pull his signature achievement???

At what point, do YOU admit it's a disaster??? Your fearless leader is starting to wave the white flag....

Wow, so funny. I can't even tell you how many arguments I've had on this forum where you guys said there shouldn't be an individual mandate. I argued that it was necessary, and basically got called an idiot for doing so.

Well now you guys are saying the individual mandate has been dropped. That should make you HAPPY, because it's the exact thing that you have been griping about for the last 2 years. But no, it just makes you MORE angry. Whatever....

40699   Homeboy   2013 Dec 22, 8:14am  

According to the prevailing wisdom here on PatNet, we don't NEED an individual mandate. So let's see how well THAT works out...

40700   thomaswong.1986   2013 Dec 22, 8:17am  

jazz music says

IN A FREE MARKET, lenders who are bad judges of credit risk lose money, but when conservatives control the government, the banks just run to the government for help.

Free market s/he says... oh thats rich...

http://www.nytimes.com/1999/09/30/business/fannie-mae-eases-credit-to-aid-mortgage-lending.html

Fannie Mae Eases Credit To Aid Mortgage Lending
By STEVEN A. HOLMES
Published: September 30, 1999

In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders.

The action, which will begin as a pilot program involving 24 banks in 15 markets -- including the New York metropolitan region -- will encourage those banks to extend home mortgages to individuals whose credit is generally not good enough to qualify for conventional loans. Fannie Mae officials say they hope to make it a nationwide program by next spring.

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

In moving, even tentatively, into this new area of lending, Fannie Mae is taking on significantly more risk, which may not pose any difficulties during flush economic times. But the government-subsidized corporation may run into trouble in an economic downturn, prompting a government rescue similar to that of the savings and loan industry in the 1980's.

''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

------ does the last para. ring a bell of what happened down the road....

40701   thomaswong.1986   2013 Dec 22, 8:21am  

Homeboy says

According to the prevailing wisdom here on PatNet, we don't NEED an individual mandate. So let's see how well THAT works out...

worked out for who... did the last 2- 3 years better be spent growing industries and
creating jobs in the USA.. or distractions running after the Liberal agenda regarding health care.

is that really what has been the most important topic on the national agenda ?

40702   thomaswong.1986   2013 Dec 22, 8:27am  

Call it Crazy says

That YOU get to pay for... TWICE!!

Sad but true...

40703   Homeboy   2013 Dec 22, 8:44am  

Call it Crazy says

No, we argued that there shouldn't be any Obamacare.... Period...

Here is a thread where I argued that dropping the individual mandate alone would be a bad idea, and where curious2 argues that dropping the individual mandate alone would save money:

/?p=1216914&c=876783#comment-876783

Funny - NONE of the people I mentioned agreed with me at the time. But now, you all seem to believe that dropping the individual mandate is a bad idea. I guess it wasn't a bad idea when I said it was, but it automatically became a bad idea when Obama DID it, huh?

40704   Homeboy   2013 Dec 22, 8:49am  

thomaswong.1986 says

is that really what has been the most important topic on the national agenda ?

Yes, I think the fact that we had the worst healthcare system of any industrialized country, millions of uninsured Americans, and double-digit annual price hikes made it the most important topic on the national agenda. Sorry you don't agree.

40705   thomaswong.1986   2013 Dec 22, 8:53am  

Homeboy says

worst healthcare system of any industrialized country

define worst compared to Canada, Japan, and UK ?

they have shortages and waiting lists... i cant think of anything
worst than someones fixes your issue some 6-9 months down the road..

40706   thomaswong.1986   2013 Dec 22, 8:54am  

Homeboy says

millions of uninsured Americans

Jobs... Jobs... Jobs.... lets get the first thing done first..

Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...
Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...
Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...
Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...
Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...
Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...
Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...
Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...
Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...
Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...Jobs... Jobs... Jobs...

40707   thomaswong.1986   2013 Dec 22, 8:55am  

Homeboy says

double-digit annual price hikes made it the most important topic on the national agenda. Sorry you don't agree.

allow for competition... its not that hard...

40708   Homeboy   2013 Dec 22, 8:56am  

thomaswong.1986 says

allow for competition... its not that hard...

We already HAD a free market insurance system. It didn't work.

40709   Homeboy   2013 Dec 22, 8:57am  

Call it Crazy says

Homeboy says

Funny - NONE of the people I mentioned agreed with me at the time. But now, you all seem to believe that dropping the individual mandate is a bad idea.

I think you missed the irony of the thread title... Let me help you..

Call it Crazy says

Obama Repeals ObamaCare

Get it now??

I get that you are a hypocrite, yes. You whine and you whine and you whine about the individual mandate. Then he drops it and you whine about THAT.

40710   thomaswong.1986   2013 Dec 22, 8:58am  

Homeboy says

We already HAD a free market insurance system. It didn't work.

across state lines ? what part didnt work....

40711   Homeboy   2013 Dec 22, 8:58am  

thomaswong.1986 says

across state lines ? what part didnt work....

Yawn. Your simplistic take on everything does not interest me.

40712   thomaswong.1986   2013 Dec 22, 9:00am  

Homeboy says

thomaswong.1986 says

across state lines ? what part didnt work....

Yawn. Your simplistic take on everything does not interest me.

nope... JOBS are not on the agenda... we dont want to see

americans working on icky icky jobs ... dirty water dirty air...

40713   Y   2013 Dec 22, 9:05am  

Why just a thread? Why not link the entire garment?

Homeboy says

Call it Crazy says

No, we argued that there shouldn't be any Obamacare.... Period...

Here is a thread where I argued that dropping the individual mandate alone would be a bad idea, and where curious2 argues that dropping the individual mandate alone would save money:

/?p=1216914&c=876783#comment-876783

40714   thomaswong.1986   2013 Dec 22, 9:06am  

where is the Beef ?

40715   Y   2013 Dec 22, 9:06am  

With the top dog abandoning the ship, it appears Homeboy is running around like a headless chicken...
Call it Crazy says

Homeboy says

Funny - NONE of the people I mentioned agreed with me at the time. But now, you all seem to believe that dropping the individual mandate is a bad idea.

I think you missed the irony of the thread title... Let me help you..

Call it Crazy says

Obama Repeals ObamaCare

Get it now??

40716   HydroCabron   2013 Dec 22, 9:27am  

APOCALYPSEFUCKisShostikovitch says

HydroCabron says

I know the mother of someone who was wounded in Aurora.

You mean she hasn't been disappeared yet?

My wife said she seemed pretty upset for a few weeks. Probably the stress of living a lie.

Come to think of it, we haven't seen her in months. Hmm...

40717   Bigsby   2013 Dec 22, 10:06am  

Call it Crazy says

Bigsby says

These aren't the ARMs of the past as far as I'm aware, and I'm of the understanding that many are done for jumbo loans or for short term financing/refinancing. That doesn't sound like financially desperate individuals.

The question you need to answer is, with 30 year rates in the mid 4's, why is there an recent 3 times the increase in ARM's, when 30 year rates are historically low???

They aren't historically low. If say you were a flipper financing a purchase, which option would you go for? Or say a baby boomer looking to refi to pay for kids through college but with clear plans to down size in the next 5 or so years. Or a rich individual who could pay all cash but funds their jumbo loan with an ARM and dumps the cash into a booming stock market. Or...

40718   Bigsby   2013 Dec 22, 10:12am  

Call it Crazy says

Bigsby says

They aren't historically low.

30 year rates aren't at a historically low point??? 4.5% is a "normal" rate??? Right......

It's not historically low though, is it? What were the rates before this year? The point is that certain people might see the benefit in getting an ARM at a 1-1.5% lower rate for a number of reasons and not just that they can't afford the payments on a standard mortgage.

40719   Robert Sproul   2013 Dec 22, 10:25am  

The Democrats Will Save Us. Isn't it pretty to think so.
I don't believe it anymore. The democrats, having lost their traditional sources of funding, turned to the common trough and achieved parity in Corporate PAC funding with the republicans in 2008.
They serve the same Masters now as far as I can see. The desperately needed, life or death reforms won't come from within the two party system. In the words of Wm K Black, You can't vote against the interests of Goldman Sachs.
According to Former President of the United States Jimmy Carter: “America does not at the moment have a functioning democracy."

"while the other party (Dems), once the champion of everyday working people, has been so enfeebled by its own collaboration with the donor class that it offers only token resistance to the forces that have demoralized everyday Americans" Bill Moyer

I have been a registered democrat and voted in every election since I was eligible 40 years ago. From now on i will withhold my consent from this money poisoned Corporatocracy.

40720   mell   2013 Dec 22, 10:46am  

Call it Crazy says

jazz music says

Such opinions lose then just as dissenting opinions lose now since Newscorp with FoxNews has bought it's way in to dominate the airwaves and the majority of american people with GOP talking points by their endless parade of attractive female blond anchor persons and tough talking GOP austerity pitchmen in suits.

That's real funny.... Fox bought their way in with blond women... Do they also pay people to watch their channel too??

Really???

No other news channel has females anchors???

Could it be that maybe some people are "waking up" to the lies being told on some of those other networks???

Nah, it must be the blond anchors swaying everybody....

Furthermore any talking points are lost if delivered by too much hotness - can't be good for the agenda ;)

40721   lostand confused   2013 Dec 22, 10:56am  

Conservatives are not for small gubmnt-at least the ones that are elected. Dubya the shrub and his merry spending republican congress critters bought us the No Child left behind and the half a trillion dollar medicare spending.

Obozo the clown and his big corporate loving democrats don't care one bit about the middle class. They are worse corporatists then Bush and the repubs.

The joke is on us.

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