3rdnlng Posted January 27, 2012 Share Posted January 27, 2012 http://www.breitbart.tv/biden-gop-policies-are-quickest-way-to-fix-housing-markets/ Link to comment Share on other sites More sharing options...
Magox Posted January 27, 2012 Share Posted January 27, 2012 On a semi-related note, I was watchin Mornin Joe this mornin, and David Gregory was giving his recap of last nites debate, and to show you how ideologically ill-equipped he is to host a show such as Meet the Press, he criticized the candidates up on the stage for not having a plan to help the housing market. In other words, he either is not able to fathom the possibility that allowing the market to find its natural bottom is indeed a solution, OR that he is such a partisan hack that he is making a dishonest case to discredit them. It's one of the two. Link to comment Share on other sites More sharing options...
B-Large Posted January 27, 2012 Share Posted January 27, 2012 http://www.breitbart.tv/biden-gop-policies-are-quickest-way-to-fix-housing-markets/ duh- mortgages are contracts wiht collateral, when they bust there is a process to deal with them.... foreclosure When people have no more money, or can't pay their bills, there is Bankruptcy.... Why are Foreclosure and Bankruptcy bad words these days? These are in place to protect people from things like debtors prison.... We should have left this to sort itself out in 2007- 2008, let banks fail who suck, let homeowners lose their homes that could not afford to pay for them. Link to comment Share on other sites More sharing options...
DC Tom Posted January 27, 2012 Share Posted January 27, 2012 duh- mortgages are contracts wiht collateral, when they bust there is a process to deal with them.... foreclosure When people have no more money, or can't pay their bills, there is Bankruptcy.... Why are Foreclosure and Bankruptcy bad words these days? These are in place to protect people from things like debtors prison.... We should have left this to sort itself out in 2007- 2008, let banks fail who suck, let homeowners lose their homes that could not afford to pay for them. 1) Banks weren't just failing. The credit markets as a whole were about to freeze up completely. That is what's known as a "bad thing". Until then, the government was willing to let financial companies fail, as they demonstrated with Bear Stearns and Lehman (and WaMu, and Countrywide...) 2) Homeowners not losing their homes is just yet another symptom of the mistaken belief that home ownership is a right and not a responsibility. Link to comment Share on other sites More sharing options...
IDBillzFan Posted January 27, 2012 Share Posted January 27, 2012 Why are Foreclosure and Bankruptcy bad words these days? For the same reason "millionaires" and "billionaires" are bad words these days. Because the clueless in this world will believe whatever they're told as long as there's free hotdogs and beer while they're waiting in their tents. Link to comment Share on other sites More sharing options...
3rdnlng Posted January 27, 2012 Author Share Posted January 27, 2012 duh- mortgages are contracts wiht collateral, when they bust there is a process to deal with them.... foreclosure When people have no more money, or can't pay their bills, there is Bankruptcy.... Why are Foreclosure and Bankruptcy bad words these days? These are in place to protect people from things like debtors prison.... We should have left this to sort itself out in 2007- 2008, let banks fail who suck, let homeowners lose their homes that could not afford to pay for them. The Piper always has to get paid. The sooner it gets paid, the sooner we start to recover. Link to comment Share on other sites More sharing options...
/dev/null Posted January 27, 2012 Share Posted January 27, 2012 On a semi-related note, I was watchin Mornin Joe this mornin, and David Gregory was giving his recap of last nites debate, and to show you how ideologically ill-equipped he is to host a show such as Meet the Press, he criticized the candidates up on the stage for not having a plan to help the housing market. In other words, he either is not able to fathom the possibility that allowing the market to find its natural bottom is indeed a solution, OR that he is such a partisan hack that he is making a dishonest case to discredit them. It's one of the two. Speaking of NBC's fine quality journalists, Who is Rachael Maddow? Link to comment Share on other sites More sharing options...
UConn James Posted January 27, 2012 Share Posted January 27, 2012 Speaking of NBC's fine quality journalists, Who is Rachael Maddow? I think he's the dude who played Chandler on "Friends." Link to comment Share on other sites More sharing options...
Juror#8 Posted January 27, 2012 Share Posted January 27, 2012 On a semi-related note, I was watchin Mornin Joe this mornin, and David Gregory was giving his recap of last nites debate, and to show you how ideologically ill-equipped he is to host a show such as Meet the Press, he criticized the candidates up on the stage for not having a plan to help the housing market. In other words, he either is not able to fathom the possibility that allowing the market to find its natural bottom is indeed a solution, OR that he is such a partisan hack that he is making a dishonest case to discredit them. It's one of the two. Ask him yourself. He would probably be interested in an intellectual debate about politics. Right around 1:00 p.m. he has lunch at the Jerry Subs and Pizza at 18th and Pennsylvania. Unless, of course, he is having lunch with Britt Hume, in which case they go to the Cosi right around the corner. Seeing Gregory and Hume together is hilarious too because they're both like 6'5" 6'6" so they dwarf the people that they're walking with. PM me if you decide to go. That would be an interesting conversation to watch. Link to comment Share on other sites More sharing options...
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