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A cry for help


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2006 Jul 19, 11:10am   23,963 views  235 comments

by Peter P   ➕follow (2)   💰tip   ignore  

How are we going to assist distressed homedebtors in the coming days? Is this a moral obligation?

What would Immanuel Kant say?

What would J. S. Mill say?

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94   Peter P   2006 Jul 20, 5:27am  

My current fantasy car is a used Audi A8L. It is boxy, pretty, and big. However, I doubt its reliability.

95   edvard   2006 Jul 20, 5:29am  

Peter- The issue with prop 13 is that it helped create the unaffordable environment we've been in for 30 years. Prior to these laws, SF, and CA were on the same level of affordability as the rest of the country.
and SQT, Volvo is a Ford product. The large Volvo SUV they produce has the same engine as the Ford Explorer, so you're essentially paying for the name alone. Buy an Explorer. Same vehicle.

96   Peter P   2006 Jul 20, 5:31am  

I really wished car manufacturers will design more non-luxury sedans with 5000+ lb curb weight. :(

97   DinOR   2006 Jul 20, 5:32am  

Claire,

get your co-workers excited about (ETF's!)

is what I meant to say.

98   Peter P   2006 Jul 20, 5:32am  

The issue with prop 13 is that it helped create the unaffordable environment we’ve been in for 30 years. Prior to these laws, SF, and CA were on the same level of affordability as the rest of the country.

The issue is that it interfered with the market mechanism, so everything is out of whack.

99   Peter P   2006 Jul 20, 5:33am  

A BMW saved my Dad’s life. I’d drive one if I could afford it, but it’s a little too pricey right now.

How about a previous generation 7 series? But is it less reliable than an older volvo?

100   DinOR   2006 Jul 20, 5:33am  

Peter P,

Currently my "fantasy" car, is one that's paid for!

102   Peter P   2006 Jul 20, 5:42am  

Huh, no kidding? But doesn’t the safety lie in the frame not the engine? Even if they have the same engine, the Volvo should be safer, shouldn’t it?

Not just the frame. An SUV needs gadgets like electronic stability control. I am sure Volvo has more standard safety equipments.

103   astrid   2006 Jul 20, 5:42am  

The smallest sub-compacts are problematic because they're not really highway worthy. But anything with over 120 HP ought to be fine for the road.

I really really loath SUVs. They make everyone else's driving experience so much less safe and less pleasant. Ditto RVs. There should be a law that forces RVs to pull over and let vehicles behind them pass. Ditto with semis that block both lanes of a highway for miles just so they can make their mileages. I wish California had the same law as Oregon and forces them onto the right most lane at all times, so they don't impede traffic for everybody else.

104   Peter P   2006 Jul 20, 5:45am  

I wish California had the same law as Oregon and forces them onto the right most lane at all times, so they don’t impede traffic for everybody else.

That is a good law. I also want the national 55mph law back with serious enforcement.

105   DinOR   2006 Jul 20, 5:47am  

Peter P,

I'd actually seen one I think the other day. I just assumed it was like a "state" vehicle until I went to pass and saw a family inside. Weird huh?

106   Peter P   2006 Jul 20, 5:48am  

The smallest sub-compacts are problematic because they’re not really highway worthy. But anything with over 120 HP ought to be fine for the road.

You do need something that can merge safely into freeway traffic though.

107   astrid   2006 Jul 20, 5:48am  

Peter P,

That's never going to happen. But taking trains and planes for long distance travel will help you avoid the 85 MPH traffic (and perhaps more importantly, avoid bad karma from the pissed off people behind you).

108   DinOR   2006 Jul 20, 5:49am  

astrid,

I think part of the reason we have that law is because "triple trailers" are legal here. These things are huge and when it rains it's like they create their own weather system!

109   Peter P   2006 Jul 20, 5:49am  

I’d actually seen one I think the other day. I just assumed it was like a “state” vehicle until I went to pass and saw a family inside. Weird huh?

The A8? Yes, it is very popular amongst European politicians.

110   astrid   2006 Jul 20, 5:52am  

DinOR,

I hope those people at least have a commercial license. A nice round of insurance premium increases and more stringent licensing requirements ought to cut down the nuisance factor for big SUVs, big trucks, and RVs.

111   Peter P   2006 Jul 20, 5:52am  

Forcing people to relocate is not economically efficient in the slightest, not to mention it is totally lacking in compassion.

Forcing unproductive people to move is not uneconomical. The policy that produces the best utility may lack compassion towards some people but it is a small price to pay. Misfortune occurs every day.

Life *is* fair as long as people contribute to making it so and don’t throw basic morals in the trash can just because others choose to do so.

Huh?

112   Peter P   2006 Jul 20, 5:54am  

The main problem is speeding and inexperienced drivers.

Solution, GPS tracking device. The loss of privacy is a small price to pay.

113   Claire   2006 Jul 20, 5:56am  

I meant to say - the main problem is speeding and inexperienced drivers - not the size of the cars.

114   DinOR   2006 Jul 20, 5:58am  

Bill C,

I've never heard of Liz Ann Sonders (Chief Schwab Strategist) but I like her already. I like her assesment that 2006 could break RE streak going back to to WWll! Good summation.

115   Peter P   2006 Jul 20, 5:58am  

Some people secretly like the bland, unpopular Ford 500 sedan because it has the Volvo frame and safety systems, and is pretty cheap.

Make sure you choose the optional side curtain airbag system. It is between life and death.

116   DinOR   2006 Jul 20, 6:01am  

Michael Anderson,

I too drove Volvos for years. My 940 was quite heavy and it always felt like there was an emphasis on safety (hit a deer once). But I've heard that the data is "skewed". Europeans don't drive as much or nearly as FAST! Some in the community are now challenging that claim.

117   Claire   2006 Jul 20, 6:02am  

Prop 13 is one of the reasons I use to justify renting

118   astrid   2006 Jul 20, 6:03am  

newsfreak,

I'm not sure I follow you. I find the semis hogging all the lanes to be a huge pain precisely because they show little courtesy to other drivers. A couple of them can be side by side for miles and slow the entire flow of traffic down. Sure these people do this for a living and they're optimizing their gas consumption, but it makes the driving experience suck for people behind them for miles and miles with no visibility.

As for safety and unneccessarily large vehicles/reckless drivers. The roads are a public resource and there's no reason that they have to degrade into a war of all against all. We have rules of the road that everyone adhere for everyone else's safety. There's no reason why we can't start putting SUVs and RVs out of commission, particularly out of hands of reckless drivers.

119   Peter P   2006 Jul 20, 6:06am  

I find the semis hogging all the lanes to be a huge pain precisely because they show little courtesy to other drivers. A couple of them can be side by side for miles and slow the entire flow of traffic down.

Actually, I find big rig drivers to be quite courteous. If they slow the entire flow of traffic down to the speed limit, God bless them! :)

120   requiem   2006 Jul 20, 6:07am  

We have rules of the road that everyone adhere for everyone else’s safety.

Half of that sentence is incorrect. I just wish the CA's "keep right" and "pull over" laws were properly enforced.

121   astrid   2006 Jul 20, 6:17am  

SQT,

Unsafe SUV drivers are not in the majority, but I see at least a couple instances of women talking on their cell phone and minding the kids while changing lanes, through curves, or backing out of parking lots. However, most of my observances of truly insane driving are connected with minivan drivers. The vast majority of minivan drivers seem fine, but there seems to be a fringe of crazy minivan drivers.

However, I still don't see why there ought to be so many SUVs from a purely practical stand point. You and Peter P are both advocating SUV based on the idea that it protects you from other drivers and gives you a better view of what's happening around you. If there were laws (maybe a one time sales tax based on height or if insurance companies quit pooling SUVs with cars) that decreased the total number of SUVs on the road, you wouldn't need SUVs nearly as much and everyone ends up safer.

122   Peter P   2006 Jul 20, 6:20am  

that decreased the total number of SUVs on the road, you wouldn’t need SUVs nearly as much and everyone ends up safer.

This is similar to a nuclear arm race. We may need something like START than. :)

123   astrid   2006 Jul 20, 6:20am  

Claire,

I'm not even thinking about fuel consumption, just road conditions whenever there are a lot of tall vehicles around. However, if I was to keep that in mind, most other gas guzzlers at least pay a gas guzzler tax at the time of sale. SUVs are still getting exempted based on their light truck classification, even though they are actually a substitute for minivans and wagons.

124   astrid   2006 Jul 20, 6:27am  

Not quite. By crazy I mean going 30 miles above everything else on the road, weaving like crazy, and running red lights. Though I'm not actually as offended by this small group because they're relatively uncommon and you can spot them from a mile away.

What really freaks me out are people who never ever use their turn signals and cut 5 feet in front of me in 70 MPH traffic. I think those people are possibly the most dangerous drivers ever.

125   Peter P   2006 Jul 20, 6:28am  

If I were king, I’d make any vehicle that is above a certain size require a special nozzle at the filling station that has double the taxes on the gas.

Solution is a toll road system that charges by weight x speed x distance.

My chief objection to SUVs and minivans and lifted trucks are how they block he view.

If you need to see past the vehicle directly ahead, you are probably following to close.

126   edvard   2006 Jul 20, 6:30am  

Micheal,
I actually like the Ford 500 as well. Pretty nice looking car. The only problem is that the thing has a V6 engine and is very heavy. So it isn't particularly quick. it also has a chain driven transmission, which ford claims provides a smoother ride. I wonder how long they'll go before it snaps.
I also like it because it is fairly rare out here in import-happy california, so you'd be the odd duck in a sea of Bimmers.

127   astrid   2006 Jul 20, 6:32am  

SQT,

Well, it might all be moot if gas prices stablizes at $4/gallon.

The other worrying thing about SUVs is what'll happen once they stop being nice and shiny and soccer mom friendly. Since there's the perception that they're safer, a lot of them could get handed to 16 year olds. That's not going to be as deadly as buying them a sport car, but I can't imagine that this trend would help teenage mortality.

128   Peter P   2006 Jul 20, 6:42am  

OK, but too abstract. I want something with a hard cutoff that sets off a boolean when people buy it. “Yes” I can buy the cheap gas or”No” I have to buy the expensive SUV gas.

People will figure out. If not, more revenue for the city, less tax for the rest of us. :)

129   FormerAptBroker   2006 Jul 20, 6:42am  

astrid Says:

> Well, why do middle age white men go crazy for Harleys
> when they’re very expensive and not that fast (since
> they’re so big and heavy)?

Harleys are underpowered expensive piles of crap that mostly ridden by gay men in the leather lifestyle, in the closet gay men who are in to the leather lifestyle but don’t want to admit it and losers who have done nothing with their life and feel important when people look at them revving the engine of a loud bike with lots of chrome…

> I never saw a Hummer going offroad while I was in the Southwest.
> Their wheelbase is too long and they’re way too expensive to
> get trashed up

The reason you don’t see many H1s on the trail is due to the “track” not the “wheelbase”. Most off road trails are run by guys in short wheelbase Jeeps, FJ40s and D90s. A longer wheelbase vehicle like a Toyota or Chevy extra cab pickup may “high center” a little more often but with a skid plate and some pulls from their friends will hot have much problem. A Hummer H1 is just too wide to make it between the rocks and trees on most trails…

P.S. What is the difference between a dog and a Harley? A dog can get in the back of a pickup by itself (Harleys break down so much that you have to lift them in)…

130   speedingpullet   2006 Jul 20, 6:42am  

Yeah, the SUV thing is a bit of an escalating Arms Race:
You need one because you want to see over the trafic, and in order too do that your SUV needs to get bigger, in order to see over the smaller SUVs. Ad Ininitum.

Soon all SUVs will be 15ft off the ground, and still no one will be able to see where they're going.

As for the 'safety' issue...studies have shown that many SUVs are actually less stable because of the wheelbase/height ratio. They tend to tip over more often, and many of them are built to the same specifications as 'normal' cars. OK, Land Rovers and Cayennes maybe not, but most SUVs are built by car companies, using parts from their cars, cunningly disguised as SUV parts.

Perhaps pricing them out of availablilty would help. The UK recently set road tax levels on 'high end' 4x4s (SUVs in the USA) 2500 GBP more a year than other cars. That, and the steadily increasing price of gas will soon put paid to them.

Again, I have no problem with them for people with big families (although most seem to only hold 5 people, just like other cars), or who work/live in rural areas where they need 4WD. But, living in LA, I see thousands of them every day, 90% of them have a single occupant, and are on thier way to a condo in Beverlywood...

131   Claire   2006 Jul 20, 6:45am  

Anyway, how are we going to help distressed homeowners? I'm not concerned about the greedy flippers, but more about the OO with kids, house down the pan, divorce rates? Increasing?

132   Peter P   2006 Jul 20, 6:45am  

During rush hour and any other relatively crowded traffic situations, I’m always going to be “too close” to the vehicle in front of me.

I keep at least 3-4 seconds away. People can cut in front of me and I do not care. I just drop back a little.

133   speedingpullet   2006 Jul 20, 6:58am  

It's all about the Bling! LA has the highest Bling Per Capita Quotient(tm) on the West Coast. Basically, you areno one without an SUV the size of the North Face of the Eiger.

Though, there's no helping some people....a friend of mine recently bought a Pacifica (Chevy, GM, anyone?).

She was chuffed to bits with it, and couldn't help showing it off to us, and kept on telling us what a good deal she got (not surprising really, the sales guy must have thought 'yippee! here comes my comission!').

When I asked her how many miles per gallon it got, she looked at me funny, and had to think.

'Erm, about 17mpg on the highway'.

I sort of snorted, politley mind, because she was so happy with it and I'm not one to piss on anybody's chips.

Then she started on again about how great a deal it was, how much room it has (she only has one child), etc, etc..

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