Minor Axis
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Local Curmudgeon No.1 checked in...
Some good news for a change
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I expect you to bad mouth everything I post.
Looks like you've been successful in that regard.
Alien Allen
Froggy the Prick
Why would I try to find anything wrong in what I have been saying for a while.. Housing for almost a year has been getting better from the collapse and statistics said it would soon see most foreclosed houses mostly all taken back up. Does that mean all of them will be, I gather not because some of those were trashed from what I have been told, but if the majority were than new houses will have to be built..
I can only hope the positive trend ( hence my comment about positive consumer confidence ) will continue to grow.. So thanks for proving me right..
Housing was "getting better" when is was going back down
See prices never really fell...they were sliding back to normal prices.
Sliding back to proper value is getting better...not going up
Lets take a car...if a ford focus started going for 50 k its over priced..when the price comes back down its good.
Lets look at the chart for houseing adjusted after inflation.
as we can see the price does not have alot of variation{after adjusted for inflation} until about the year 2000.
After which the price of housing became hugely inflated.
People were happy to buy as it was a solid investment..as housing was always going up.
Fuck em let em eat it..I hope housing stays deflated rather than inflates back up.
I have been saying for years the housing never dropped but fell to proper levels.
Inflation{housing} was roughly double in 2008.
People seem to be concerned as people "are paying for a house that has lost value"
Truth is rather they though they had picked a good time to buy{if they resold yes}....it was actually a bad time to buy ..for a home owner..but great for building and selling or flipping remodels.
When did they think the price would stop?
Also a house is a huge investment..taking 2 and 3 decades to pay for.
That extra 5 grand a year {going by 2006} this doesnt include interest...lets tack about 4 grand on that.
Now how is the added expense of nine grand a year for 25 years of someones life a good thing?
How is this going to help the economy?
It doesnt.
That 9 grand goes along ways towards other purchases and creating jobs....this equates to a difference of $4.32 an hour with a 40 hour work week difference between paying for the inflated price or normal value.
I am sorry that people over paid for a house...but we should not be trying to raise housing back up.
For the people that bought in those six to eight years..its their problem..the rest shouldn't be paying in the future due to it.
Its like if "I am going to be paying close to double so should everybody else"....makes no sense.
The argument is "my house isnt worth what I am paying for it"
So they want to make their house value go back up?
What difference does it make they will still pay the same?
And everybody else will be paying more for a house.
Its reverse envy.
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Accountable
Well-Known Member
Monetizing the debt lowered the deficit ... and decreased the value of the dollar. It didn't put us in a better position, it only provided charts for the parrots to squawk over.
Minor Axis
Well-Known Member
Not for empty rebuttals. No surprise there. It's a statistic. It assures nothing. But those who want Obama to succeed will see hope. Those who want Obama to fail, will say something like you said...
Alien Allen
Froggy the Prick
I never made it about Obama
It is a statistic
and you still don't get that statistics can do whatever you want
for example lets say a business takes a loss in year 2011 but makes a $100 profit in 2012. That means their profits were up over 100% doesn't it?
wow that is some kind of profit eh
do I need to make it any simpler for you?
Minor Axis
Well-Known Member
Allen, I wish I could be 1/10 as smart as you... Except the deficit numbers are pretty big, and the change is pretty substantial. But you're right, the glass is half empty, f'n Obama.
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Alien Allen
Froggy the Prick
Allen, I wish I could be 1/10 as smart as you... Except the deficit numbers are pretty big, and the change is pretty substantial. But you're right, the glass is half empty, f'n Obama.
I see you still are in denial
In the last page where did I make it anything about Obama?
If anything you are. I guess you believe in smoke and mirrors
Alien Allen
Froggy the Prick
Allen, I wish I could be 1/10 as smart as you... Except the deficit numbers are pretty big, and the change is pretty substantial. But you're right, the glass is half empty, f'n Obama.
about the equivalent of bailing out the sinking Titanic with an eyedropper
but you keep on believing what you like
Minor Axis
Well-Known Member
Minor Axis
Well-Known Member
I think you need to hold all political parties to the same standard.
Accountable
Well-Known Member
Here is a prime example of words not matching deeds in action. Well done, Partisan! :clap
I really try....its not a dem rep thing...it has been a constant trend.
I dont automatically scream democrat...I do give then credit where it is deserved.
I will vote for one...if he or she has a good history..{which some do}.
See the thing is with all candidates president, senate etc.
The good guys usually dont make it....Why?
Getting into office is a big game of shooting dirty pool.....As moral convictions prevent them from initiation.
As a result they end up on defense in the game .....kinda hard to win playing defense.
See it works like this.....an actual good guys campaign is to build himself.
The scumbags want to destroy the other guy...via lie and propaganda.
Free exposure for the scumbag.....The good guy has become the scumbag in the deal to the public....and the actual scumbag takes office.
This is why I can not express enough to pay very little attention to what they actually say during campaign...and research their political history
Minor Axis
Well-Known Member
I'd argue that most of the good guys on the GOP side have been harried to the sidelines by extremists.
Alien Allen
Froggy the Prick
gotcha
The Dems are are pure as Ivory Snow
The brand that had famous porn star Marliyn Chambers on the cover of their boxes back in the day
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