Hi, wish We have many wild ducks around here. And its easy to tell when duck hunting season is on. Sounds like a war as hunters are shooting off there shotguns. I don't hunt ducks the poor animals have enough trouble as it is.
Well, I see building around here and in the newspaper yesterday the medium house dropped in price to 201,000 dollars and stated homes are selling now as inventory is dropping. So in this part of the US one does not appreciate a recession so much. Detroit, Michigan might be another question with the auto industry.
Too numerous to list why not to vote for McCain. The only reason why anybody should vote for McCain is if he is the only candidate left on ballot ticket.
Well, I agree ARM was just a license to steal from the people who took these on. And it is understandable that republicans and democrates on the wealthy side favored it as a means to making a quick dollar. But now the government wants to bail out these loans with money from the people who knew better than to buy these loans, is WRONG. The banks I believe need to write off the losses and take the hit. They still own the homes so make them auction them off to find out what the true value of the homes really is. This may help lower property taxes. Yet, today there is still developers building $400,000 homes. So I wonder if this bailout plan is just a smoke job to screw people out of there money.
Also, with raising property taxes, why not lower the property taxes so these people can stay in there home. Keep the interest rate affordable for them?
That I understand, but how does these people creat a 700 billion dollar problem. The banks take these homes back. These people lose their homes and now probably rent. Probably some investors in the real estate market lose also. Is the economy of the stock market so centered over real estate?
I wish the feds would come out and say exactly what the problem is. I still don't know what the problem is. Banks have homes they cannot get rid of, so the banks are losing money to maintain them? Or is it that unemployment has risen so much with high gas prices that nobody can afford the mortgage? Homes lost value so much that nobody wants to pay the mortgage anymore? This I don't understand because once your in a contract your obligated to meet terms dispite the value of the home. Finally, is it investment bankers losing their shirts would rather bail out with some profit then take a loss?
I suppose it might depend on type of business they run. Who is really paying the wage. I don't think it is good for America when some make outrageous wages and others can barely get by month to month. But maybe if inflation cannot get into check then everybody will be poor and it will all have to start over again. Like in Germany after the war.
Hey, I came up with a solution to this financial mess. Make all CEOs earn no more than 2 times the lowest paid employer of his company or organization. And all employees make less than the CEO. That way if CEO will know what it is like to live with the wages he pays the employees, plus if he wants to make a lot of money then all his empoyees will have to make lots of money.
I think it has something to do with hormones that peak in men at a younger age. As men get older they look maybe at younger as a way to fight off aging. Just my guess.
How bad can the economy get? Let me tell you. The economy can get so bad that people will line a farmers field and when the farmer is done harvesting, he will give the people a signal and the people will run on the field to get the leftover scaps of food. I know, because my parents lived through this in Germany.
I think the Republican administration is trying to do some horse trading with the American people. Out here in the west we call this a raw deal. Hee Haw.
RE: Pets What Have You Got???
Palin = hunting moose = repubs = war mongersThe math is clear.