If you 2012 GOP lunatics feel like even Bush wasn't a true conservative, you guys must really be a pest in a menace. I have no clue whether your kinda radical ideas have ever been tried out somewhere. You would finally strangle everything. Since Bush we're half-dead, you guys would make everything dead like dodo.
I've seen Merkel's Christian-conservative kind of Keynsianism and this absolutely convinced me. You're wasting your time -- actually helping me to improve my argumentation.....
You and your stupid Marxism tags -- even Marx wasn't a Marxist and I'm not either. I am a Merkel fan and Merkel is a Christian-conservative. Not MARX!MERKEL!! Germany shows us, austerity is not the way. They've been watching Thatcher's result, then Bush's..... why should they change anything? Works fine over there! Just wait for them to fail 'til ya drop dead......
The ONLY way to restore "small 'd' democracy" back to the U.S. is to amend the Constitution so that it clearly, and unequivocally, states that: 1) rights recognized under the Constitution belong to HUMAN BEINGS, only; and, 2) Money is NOT speech.
The ONLY proposed amendment that says those 2 things, clearly, and unequivocally, is "the Move to Amend" amendment, which you can read at www.movetoamend.org/amendment.
Check it out, and get involved with MOVE TO AMEND!
Stephen A. Justino Member at Large, Executive Committee Move to Amend
I agree. Most people are functionally illiterate and arithmetically challenged. To maintain a no fault existence, it should be the responsibility of the state to provide, free of charge, all the wants and needs of the population.
Keynesian? You still don't get it. Again, in the real world, The government doesn't produce anything and they can't pay for anything. Those darn "tea baggers" are the source of wealth and heavy taxation is just theft plain and simple. When you discourage the wealth producers they either move to another more business friendly country or stop producing. Then who pays for all your social programs? In your "real world" what you end up with is the few elites at the top and everyone else at the bottom. Wake up.
Okay, I'll explain it to you: Even in New York upstate you won't get an ID card for free -- and the state NY is pretty much progressive. People who are actually starving can't afford paying 14 bucks for a non-driver photo-ID-card. You can have a short-term ID card as well, which will cost between $9.00 and $10.00 -- which would mean paying 10 bucks just for the vote. People who are on food stamps cannot afford that!
We never had this ID-card nonsense in the U.S. -- the Republicans just wanna keep Democratic voters from voting.
I mean, if it doesn't get better here, I'm even for MORE state rights -- Dutch treat. Why should we always pay for those behind southern states? Let them drastically find out their ideas don't pay off, this will convince them it's better to be Keynesian and liberal.
I know Central Europe too well. They won't accept the consequences of southern austerity. The Germans are much too smart to go under with Greece and Spain -- they won't stand for that and if necessary cut them off. As they weren't ready to follow us to Iraq, and they were darn right!
Haha, funny, the backward insanity is always to find in the south -- in Europe, as in the U.S. ..... Don't pay their bills -- just cut'em off!
The Occupiers are to praise for caring for homeless people. They have quite some homeless people and some of them have drug issues indeed. And I very much appreciate the occupiers to have so much patience. This is what is needed in our society! You're just an asocial sociopath and don't get it.
You just read his crazy stuff, douglaslee, this wannabe-The Real World isn't the real world at all -- he's out of touch with the real world. As he's standing for an elitist party. In fact he is an elitist himself.
Quote The Real World:who spells the name Tom with a h for crying out loud, oh yeah, an elitist
Well, Thom's father was a Republican, and it's unlikely he chose Thom with h, just to have him acting as liberal media host.
I mean this idea, to pick on Thom with h is insane. Is someone elitist because his parents decided Thom with h? Republicans are just crazy and wannabe-The Real World is just one of their lunatics.
No political ideas, no program, no real platform -- just taking on Thom with h. You're a moron, wannabe-The Real World.
Fantastic Questions. We The People are getting screwed again. Poverty increasing, children hungry and Homeless, uninsured, Parents unemployed. Where is the "Intervention and Prevention" on Poverty and Foreclosures? Clearly Noting has worked.
you like to know about the homes going back to the banks ?
well it was on June of 2005, when G.W.Bush got on TV ans told the American-people to go to the Malls and go and buy Homes
right now the Home are good to buy (not to high that what G.W.Busch told the American-people on that hot Summer Day in June also G.W.Bush was on Fox, abc, cbs, nbc, and CNN
That is the Truth
in 2006 G.W.Bush & the Republicans send the Mums & Dads jobs "Over-Sea" and to "China", but G.W.Bush Lie to the American-people about the "War" so when there was no jobs the Womens & Mens was going to War on a Lie !
But the Womens & Mens had kids to thinks about
Right now in Americans we have ove 1 Millions Woens & Mens who came back from the War, who do not have a Home to go to !
Go you thinks the Republicans Cares ? No they do not ! also we are in debt ! Why ? over G.W.Bush who Lie to the American-people If I miss spell, forgave me as I has 2_Heart Attack and now I live with Only a half of a Heart
God Bless American, Thank you for your time, nigle77
Unfortunately, many people who enter into mortgage contracts aren't educated on financing. Furthermore, they might have even less knowledge about the legalese of mortgage contracts. In combination with the constant message that the American dream is home ownership, people take the "so called" experts at their word. When they convince people that they can afford a home with no money down and that the mortgage will come down when they refinance in a couple years, people become victims. People were getting approved for mortgages way beyond their means and when they went with a mortgage 10 to 20% below the amount they were approved for, they still might not have really understood all of the hidden cost of home ownership.
If we operate under the "buyer beware" philosophy, with no oversight, wouldn't America become a place where consumer confidence disappears. Considering 70% of our economy is based on consumption, wouldn't that be bad for everyone?
Along with putting banksters in jail...maybe we could throw in some merchants...like $upermarketeers who try to cheat people in their Supermarkets. The largest name brand $upermarkets I've shopped at are usually the biggest thieves. Is it really "Safe" way of shopping? They steal from the customers by advertising one price, even right in the aisles where the prices are posted..but when you get to the check out....unless you scrutinize what they ring up...you will be cheated. This happens all the time. It holds up the line..but I say So What! It is the fault of the supermarkets...not mine.
I suspect most people don't even check their receipts. A lot of people are paying way more than they should have to because they are more interested in getting in and getting out than they are in creating a fuss. I saved $18 on a purchase of $60 just yesterday just by catching them on the difference in the posted price from what they rang up. They send someone back to check on the price and, sure enough, they verified that I was correct. A lot of people are lured in by a "sales" price but fail to ensure that they are actually being charged for the "sales" price and end up paying the original full price.
I just read the sales history of a house that was recently sold in a city near Phoenix where a couple bought a house at a foreclosure price of about $200,000 less than it was previously sold for and the new owners, after owning it for only 3 months, turned right around and sold it making a $76,000 profit. Wow, $76,000 profit in 3 months...now that is "flipping" a house. I don't understand who could be stupid enough to fall for that. I'd live in a tent, or my car, if it would mean that I would be helping someone make $76,000 profit in 3 months and get stuck with the new inflated mortgage. Don't these people do due diligence before making such an important purchase? No wonder bubbles are created...pop! Those real estate people are real weasels...that's for sure. Along with putting banksters in jail, we need to put a lot of other people...like real estate brokers and lending agencies and appraisers...in jail as well. People like that are very likely Republicans anyway.
I would like people to tell the TRUTH about what has happened...how mortgages were turned into securities, what Wall $treet does with securities, using as collateral to borrow against, to drive (along with hedge funds) commodities futures and derivatives...then taking mortgages to offshore subsidiaries, turning into "tranches"=combined with credit card, student loan, car loan debt...turned into MBS or "mortgage backed securities", to be sold off after rated by bank paid raters, all over the world to pension funds, government program investement funds...then there's MERS-"Mortgage electronic registry system, a computer cloud, essentially, whereby mortgages were falsely registered, state taxes avoided, criminally.
Look, the U.S. $6.5 trillion, world $16.5 trillion per year economies have been destroed for over 3 years already, on the way to 10=20 more..fanni-freddi's less than $7 trillion total, less than $2 trillion subprime, simply don't add up to enough to destruction of these levels...here's what does-derivatives, valued $2 trillion circa 2001, $680 trillion today-documented here:
Banksters equate with used car salesmen. Sales contracts are multiple pages of legalese and fine print that the average layman cannot decipher, and the banksters blow smoke where it shouldn't be just to drum up business. If you don't ask, they don't tell you what a floating interest rate is or what it does when intrest rates go up, and that the payment at sale may double or triple depending on the rate at the moment. They set up people who they know cannot afford the payments if ( when ) the rates go up. Many of the people set up by these snake oil salesmen were not well educated and were easily enticed into the bottomless money pit that was bound to swallow them up. Set up to fail, I believe was the term they used. Then bundling and selling the paper to unsuspecting investors and mortgage companies, who also went under. Just icing on the cake. Outside of the banking business, that would be called a scam, and the perpetrators would be tried and jailed. But since they were deemed to be "Too Big to Fail " the suckers they fleeced bail them out with taxpayers money and they're good to go again. I am retired and have my home paid for, but I still got screwed by the banksters. Ah well, Only in America!
I just received from my congressman Ander Crenshaw (Fernandina Beach Fl) - his economic update which basically is the same thing fox has been saying last few day - it mentions of coarse the deficit and the 5 trillion new spending - of coarse what it doesnt mention why i.e the iraq and afghanistan wars etc which are im sure a large part of this new spending - the stimilus im sure would be another large part -bush tax cuts etc - i have a question - the bank bailout was nov 2008 and obama took office in 2009 - does the bank bailout carry over to obama ? is there any information anywhere that details just what this 5 trillion is or is and how much of it is a leftover from bush etc - think this information would be helpful when talking to republican backers this spring summer etc - another ? also - im recently retired and i admit im not good on computers but im learning - hopefully youll answer my question but im not sure where i will find it
If parents entered into mortgage contracts they couldn't afford, aren't they responsible. I live in CA, and the game here is to buy one you can't afford, and then flip it. Unfortunately, it is a lot like musical chairs. You also have to consider, that if they bought in the subprime market, they didn't lose anything, because they didn't have anything invested.
Then there is the refinance group. Now they had equity in their homes, many purchased at the bottom of the last bubble. What do you do with all that equity. In CA, you get that cash out and spend it. So who here is responsible?
then we hear bankster, bankster, bankster. What I don't understand, is what happened to those lawyers who are required at closing in many states. I bought and sold a house in Illinois, it is only now that I am told that the lawyer was a worthless political expense, because if anything went wrong - IT WAS THE BANKSTER.
Just for the heck of it I plugged in my tax software $1,000,000 as capital gains, dividends and wages, each one separately. If you're MFJ and used standard deductions, $1,000,000 would have $981K taxable income. If that was all capital gains your tax rate is 14.6% and the same for dividends. If you are "earning" as wages the same income, your tax rate jumps to 32%. This is nuts. For those in AR, cap gains and div is 6.9% S or MFJ. Forgot to check on wages, but doubt there's much difference. I think the top rate here is 7%. For anyone earning far less in capital gains or dividends, $81K taxable income is taxed at only 2.2%. I've seen tax returns with around that amount and I guarantee you it's no where near 2.2%. More like 25-28%. Must be nice to live on capital gains and dividends. We've got the best Congress money can buy.
Many years ago, Discover magazine had an article about a gene (called Eyeless) that would, when scientists turned it off, make a fruit fly develop with no eyes, not even a hint that eyes belonged on their heads. (There's also a gene called Headless, discovered in mice, which when turned off keeps the entire head from developing.)
The eyeless gene is probably the same in shrimp as in fruit flies, since they are both arthropods. (Whereas Headless would be different in arthropods, since vertebrates and arthropods evolved the head at opposite ends of the alimentary canal, i.e. mouth and anus are switched, and the canal pumps in the other direction.)
If you 2012 GOP lunatics feel like even Bush wasn't a true conservative, you guys must really be a pest in a menace. I have no clue whether your kinda radical ideas have ever been tried out somewhere. You would finally strangle everything. Since Bush we're half-dead, you guys would make everything dead like dodo.
I've seen Merkel's Christian-conservative kind of Keynsianism and this absolutely convinced me. You're wasting your time -- actually helping me to improve my argumentation.....
Well, I'm a Merkel fan -- not a Marx fan!
You and your stupid Marxism tags -- even Marx wasn't a Marxist and I'm not either. I am a Merkel fan and Merkel is a Christian-conservative. Not MARX! MERKEL!! Germany shows us, austerity is not the way. They've been watching Thatcher's result, then Bush's..... why should they change anything? Works fine over there! Just wait for them to fail 'til ya drop dead......
Any other problem? LOL
The ONLY way to restore "small 'd' democracy" back to the U.S. is to amend the Constitution so that it clearly, and unequivocally, states that: 1) rights recognized under the Constitution belong to HUMAN BEINGS, only; and, 2) Money is NOT speech.
The ONLY proposed amendment that says those 2 things, clearly, and unequivocally, is "the Move to Amend" amendment, which you can read at www.movetoamend.org/amendment.
Check it out, and get involved with MOVE TO AMEND!
Stephen A. Justino
Member at Large, Executive Committee
Move to Amend
I agree. Most people are functionally illiterate and arithmetically challenged. To maintain a no fault existence, it should be the responsibility of the state to provide, free of charge, all the wants and needs of the population.
Can we get the banksters for child abuse, as well as theft?
Gulf of California, YES!. Gulf of Mexico, not so much. Let's hear it for Guaymas shrimp!
Keynesian? You still don't get it. Again, in the real world, The government doesn't produce anything and they can't pay for anything. Those darn "tea baggers" are the source of wealth and heavy taxation is just theft plain and simple. When you discourage the wealth producers they either move to another more business friendly country or stop producing. Then who pays for all your social programs? In your "real world" what you end up with is the few elites at the top and everyone else at the bottom. Wake up.
All I know Clarrissa, is the platform of socialism has been tried again and again, and it always ends the same way. So who's the fool, you or me?
Okay, I'll explain it to you: Even in New York upstate you won't get an ID card for free -- and the state NY is pretty much progressive. People who are actually starving can't afford paying 14 bucks for a non-driver photo-ID-card. You can have a short-term ID card as well, which will cost between $9.00 and $10.00 -- which would mean paying 10 bucks just for the vote. People who are on food stamps cannot afford that!
We never had this ID-card nonsense in the U.S. -- the Republicans just wanna keep Democratic voters from voting.
I mean, if it doesn't get better here, I'm even for MORE state rights -- Dutch treat. Why should we always pay for those behind southern states? Let them drastically find out their ideas don't pay off, this will convince them it's better to be Keynesian and liberal.
I know Central Europe too well. They won't accept the consequences of southern austerity. The Germans are much too smart to go under with Greece and Spain -- they won't stand for that and if necessary cut them off. As they weren't ready to follow us to Iraq, and they were darn right!
Haha, funny, the backward insanity is always to find in the south -- in Europe, as in the U.S. ..... Don't pay their bills -- just cut'em off!
The Occupiers are to praise for caring for homeless people. They have quite some homeless people and some of them have drug issues indeed. And I very much appreciate the occupiers to have so much patience. This is what is needed in our society! You're just an asocial sociopath and don't get it.
You just read his crazy stuff, douglaslee, this wannabe-The Real World isn't the real world at all -- he's out of touch with the real world. As he's standing for an elitist party. In fact he is an elitist himself.
Well, Thom's father was a Republican, and it's unlikely he chose Thom with h, just to have him acting as liberal media host.I mean this idea, to pick on Thom with h is insane. Is someone elitist because his parents decided Thom with h? Republicans are just crazy and wannabe-The Real World is just one of their lunatics.
No political ideas, no program, no real platform -- just taking on Thom with h. You're a moron, wannabe-The Real World.
Fantastic Questions. We The People are getting screwed again. Poverty increasing, children hungry and Homeless, uninsured, Parents unemployed. Where is the "Intervention and Prevention" on Poverty and Foreclosures? Clearly Noting has worked.
How are you coming along,
you like to know about the homes going back to the banks ?
well it was on June of 2005, when G.W.Bush got on TV ans told the American-people to go to the Malls and go and buy Homes
right now the Home are good to buy (not to high that what G.W.Busch told the American-people on that hot Summer Day in June also G.W.Bush was on Fox, abc, cbs, nbc, and CNN
That is the Truth
in 2006 G.W.Bush & the Republicans send the Mums & Dads jobs "Over-Sea" and to "China", but G.W.Bush Lie to the American-people about the "War" so when there was no jobs the Womens & Mens was going to War on a Lie !
But the Womens & Mens had kids to thinks about
Right now in Americans we have ove 1 Millions Woens & Mens who came back from the War, who do not have a Home to go to !
Go you thinks the Republicans Cares ? No they do not ! also we are in debt ! Why ? over G.W.Bush who Lie to the American-people If I miss spell, forgave me as I has 2_Heart Attack and now I live with Only a half of a Heart
God Bless American, Thank you for your time, nigle77
Unfortunately, many people who enter into mortgage contracts aren't educated on financing. Furthermore, they might have even less knowledge about the legalese of mortgage contracts. In combination with the constant message that the American dream is home ownership, people take the "so called" experts at their word. When they convince people that they can afford a home with no money down and that the mortgage will come down when they refinance in a couple years, people become victims. People were getting approved for mortgages way beyond their means and when they went with a mortgage 10 to 20% below the amount they were approved for, they still might not have really understood all of the hidden cost of home ownership.
If we operate under the "buyer beware" philosophy, with no oversight, wouldn't America become a place where consumer confidence disappears. Considering 70% of our economy is based on consumption, wouldn't that be bad for everyone?
Along with putting banksters in jail...maybe we could throw in some merchants...like $upermarketeers who try to cheat people in their Supermarkets. The largest name brand $upermarkets I've shopped at are usually the biggest thieves. Is it really "Safe" way of shopping? They steal from the customers by advertising one price, even right in the aisles where the prices are posted..but when you get to the check out....unless you scrutinize what they ring up...you will be cheated. This happens all the time. It holds up the line..but I say So What! It is the fault of the supermarkets...not mine.
I suspect most people don't even check their receipts. A lot of people are paying way more than they should have to because they are more interested in getting in and getting out than they are in creating a fuss. I saved $18 on a purchase of $60 just yesterday just by catching them on the difference in the posted price from what they rang up. They send someone back to check on the price and, sure enough, they verified that I was correct. A lot of people are lured in by a "sales" price but fail to ensure that they are actually being charged for the "sales" price and end up paying the original full price.
I just read the sales history of a house that was recently sold in a city near Phoenix where a couple bought a house at a foreclosure price of about $200,000 less than it was previously sold for and the new owners, after owning it for only 3 months, turned right around and sold it making a $76,000 profit. Wow, $76,000 profit in 3 months...now that is "flipping" a house. I don't understand who could be stupid enough to fall for that. I'd live in a tent, or my car, if it would mean that I would be helping someone make $76,000 profit in 3 months and get stuck with the new inflated mortgage. Don't these people do due diligence before making such an important purchase? No wonder bubbles are created...pop! Those real estate people are real weasels...that's for sure. Along with putting banksters in jail, we need to put a lot of other people...like real estate brokers and lending agencies and appraisers...in jail as well. People like that are very likely Republicans anyway.
Thom,
I would like people to tell the TRUTH about what has happened...how mortgages were turned into securities, what Wall $treet does with securities, using as collateral to borrow against, to drive (along with hedge funds) commodities futures and derivatives...then taking mortgages to offshore subsidiaries, turning into "tranches"=combined with credit card, student loan, car loan debt...turned into MBS or "mortgage backed securities", to be sold off after rated by bank paid raters, all over the world to pension funds, government program investement funds...then there's MERS-"Mortgage electronic registry system, a computer cloud, essentially, whereby mortgages were falsely registered, state taxes avoided, criminally.
Look, the U.S. $6.5 trillion, world $16.5 trillion per year economies have been destroed for over 3 years already, on the way to 10=20 more..fanni-freddi's less than $7 trillion total, less than $2 trillion subprime, simply don't add up to enough to destruction of these levels...here's what does-derivatives, valued $2 trillion circa 2001, $680 trillion today-documented here:
http://cje.oxfordjournals.org/content/33/4/563.full
Banksters equate with used car salesmen. Sales contracts are multiple pages of legalese and fine print that the average layman cannot decipher, and the banksters blow smoke where it shouldn't be just to drum up business. If you don't ask, they don't tell you what a floating interest rate is or what it does when intrest rates go up, and that the payment at sale may double or triple depending on the rate at the moment. They set up people who they know cannot afford the payments if ( when ) the rates go up. Many of the people set up by these snake oil salesmen were not well educated and were easily enticed into the bottomless money pit that was bound to swallow them up. Set up to fail, I believe was the term they used. Then bundling and selling the paper to unsuspecting investors and mortgage companies, who also went under. Just icing on the cake. Outside of the banking business, that would be called a scam, and the perpetrators would be tried and jailed. But since they were deemed to be "Too Big to Fail " the suckers they fleeced bail them out with taxpayers money and they're good to go again. I am retired and have my home paid for, but I still got screwed by the banksters. Ah well, Only in America!
I just received from my congressman Ander Crenshaw (Fernandina Beach Fl) - his economic update which basically is the same thing fox has been saying last few day - it mentions of coarse the deficit and the 5 trillion new spending - of coarse what it doesnt mention why i.e the iraq and afghanistan wars etc which are im sure a large part of this new spending - the stimilus im sure would be another large part -bush tax cuts etc - i have a question - the bank bailout was nov 2008 and obama took office in 2009 - does the bank bailout carry over to obama ? is there any information anywhere that details just what this 5 trillion is or is and how much of it is a leftover from bush etc - think this information would be helpful when talking to republican backers this spring summer etc - another ? also - im recently retired and i admit im not good on computers but im learning - hopefully youll answer my question but im not sure where i will find it
If parents entered into mortgage contracts they couldn't afford, aren't they responsible. I live in CA, and the game here is to buy one you can't afford, and then flip it. Unfortunately, it is a lot like musical chairs. You also have to consider, that if they bought in the subprime market, they didn't lose anything, because they didn't have anything invested.
Then there is the refinance group. Now they had equity in their homes, many purchased at the bottom of the last bubble. What do you do with all that equity. In CA, you get that cash out and spend it. So who here is responsible?
then we hear bankster, bankster, bankster. What I don't understand, is what happened to those lawyers who are required at closing in many states. I bought and sold a house in Illinois, it is only now that I am told that the lawyer was a worthless political expense, because if anything went wrong - IT WAS THE BANKSTER.
Just for the heck of it I plugged in my tax software $1,000,000 as capital gains, dividends and wages, each one separately. If you're MFJ and used standard deductions, $1,000,000 would have $981K taxable income. If that was all capital gains your tax rate is 14.6% and the same for dividends. If you are "earning" as wages the same income, your tax rate jumps to 32%. This is nuts. For those in AR, cap gains and div is 6.9% S or MFJ. Forgot to check on wages, but doubt there's much difference. I think the top rate here is 7%. For anyone earning far less in capital gains or dividends, $81K taxable income is taxed at only 2.2%. I've seen tax returns with around that amount and I guarantee you it's no where near 2.2%. More like 25-28%. Must be nice to live on capital gains and dividends. We've got the best Congress money can buy.
Many years ago, Discover magazine had an article about a gene (called Eyeless) that would, when scientists turned it off, make a fruit fly develop with no eyes, not even a hint that eyes belonged on their heads. (There's also a gene called Headless, discovered in mice, which when turned off keeps the entire head from developing.)
The eyeless gene is probably the same in shrimp as in fruit flies, since they are both arthropods. (Whereas Headless would be different in arthropods, since vertebrates and arthropods evolved the head at opposite ends of the alimentary canal, i.e. mouth and anus are switched, and the canal pumps in the other direction.)
Of course I probably would have voted no anyway because I never liked sea food. Good thing the way it is now.
Dang. I really need to get around to putting up a blog post describing my own idea for an electoral system. Thanks for reminding me, Charell.