The whole thing seems like a 3 man race. One is way out in front and the other 2 are still bickering over a false start at the beginning.
I ask this since the Democrats seem to be doing the same old thing and while the Republicans move forward and start a campaign.
The whole thing seems like a 3 man race. One is way out in front and the other 2 are still bickering over a false start at the beginning.
The whole thing seems like a 3 man race. One is way out in front and the other 2 are still bickering over a false start at the beginning.
Replies
21
Beach Fanatic
He is a sure thing for the Republicans, but if he doesnt start talking about his plans for improving the Economy and shut up about Iraq (another domestic issue) he may weaken them.
Edited
SoWal Expert
How can McCain talk about the economy and not be laughed at? He is the first to admit that the economy is his weak point.
Beach Fanatic
How can McCain talk about the economy and not be laughed at? He is the first to admit that the economy is his weak point.Perhaps he has been brushing up
Beach Fanatic
My bet is that he chooses a running mate with a very strong background in economics.
Beach Fanatic
He better@@@
SoWal Insider
My bet is that he chooses a running mate with a very strong background in economics.
I nominate SHELLY.
Beach Fanatic
TANGENT Alert
I heard an interesting blurb on right wing radio today and I was wondering if anyone knows whether or not it is true. It has to do with bankruptcy law. In essence, if you were filing bankruptcy and say had 20,000 in credit card debt, you could go to the judge and state that you will pay some amount. The judge then determines whether that is a good faith effort, say 5,000 and the $15000 is a loss. You then pay the money, but get to keep "the stuff" you bought with that credit. Currently, houses are exempt from this. You don't get to keep the house.
What they were saying is that their is a push on the Democratic Side (Sen. Reid) to get this changed to where if a good faith effort was offered and made you could keep the house. Let's say you owe $400,000 and were willing to pay $200,000 then you could keep the property and the bank would lose out. Is this true? If so, with the amount of money that banks would likely lose, it was hypothesized that banks would tighten credit standards even more and increase interest rates to cover losses thus making it almost impossible to buy a home for most low to middle-income people. Has anyone heard about this?
I heard an interesting blurb on right wing radio today and I was wondering if anyone knows whether or not it is true. It has to do with bankruptcy law. In essence, if you were filing bankruptcy and say had 20,000 in credit card debt, you could go to the judge and state that you will pay some amount. The judge then determines whether that is a good faith effort, say 5,000 and the $15000 is a loss. You then pay the money, but get to keep "the stuff" you bought with that credit. Currently, houses are exempt from this. You don't get to keep the house.
What they were saying is that their is a push on the Democratic Side (Sen. Reid) to get this changed to where if a good faith effort was offered and made you could keep the house. Let's say you owe $400,000 and were willing to pay $200,000 then you could keep the property and the bank would lose out. Is this true? If so, with the amount of money that banks would likely lose, it was hypothesized that banks would tighten credit standards even more and increase interest rates to cover losses thus making it almost impossible to buy a home for most low to middle-income people. Has anyone heard about this?
SoWal Expert
I'm still waiting for the memo that explains why we have to bail out all these greedy financial geniuses!
IMO a change from granite countertops to folding TV trays might help them learn a good lesson!
IMO a change from granite countertops to folding TV trays might help them learn a good lesson!
Beach Fanatic
IMO a change from granite countertops to folding TV trays might help them learn a good lesson!
Yea Scooterbug, tell it like it is, my sista.
Beach Fanatic
I'm going back to my uneducated but wise father once again. He always said,"If you can't pay for it, don't buy it and if you do buy it on credit and can't pay for it, be prepared to lose it." I think his words are good common sense. I am against bailing anyone out who purchased property beyond their means and also the banks and financial institutions that leant them the money. They are guilty of deceit and fraud on the rest of their customers, who pay their loans on time and in good faith.
Beach Fanatic
I'm going back to my uneducated but wise father once again. He always said,"If you can't pay for it, don't buy it and if you do buy it on credit and can't pay for it, be prepared to lose it." .
____________________________________________________________
Words to Live By !!.... OMG, now I am agreeing with Andy's father !!!!!!!!!!!!!!!
SoWal Insider
What about the saying that, if you owe 30k to the bank, and can't pay, you are in trouble, but if you owe 30 million, they are in trouble. A proactive Fed is not a bad thing, in that our country is facing a severe economic downturn.
Beach Fanatic
I think Andy maybe needs to run for president. That line is a good campaign promise. I like it!!!
Beach Fanatic
The only sure thing now for McCain is that he has been endorsed by "W".....
That's like waking up and finding a horse head in your bed......
That's like waking up and finding a horse head in your bed......
Beach Lover
Bush has already said he will veto the bill so don't count on getting off the hook and being able to keep your house.
SoWal Expert
I'm going back to my uneducated but wise father once again. He always said,"If you can't pay for it, don't buy it and if you do buy it on credit and can't pay for it, be prepared to lose it." I think his words are good common sense. I am against bailing anyone out who purchased property beyond their means and also the banks and financial institutions that leant them the money. They are guilty of deceit and fraud on the rest of their customers, who pay their loans on time and in good faith.
How odd, my father and grandfather had the exact same philosophy!
You can't keep espousing such an old school philosophy 'cuz you won't get rich quick that way!
Of course you also won't get poor quick that way, which is why that kind of common sense and responsibility is ignored these days!
Edited
SoWal Guide
The only sure thing now for McCain is that he has been endorsed by "W".....
That's like waking up and finding a horse head in your bed......
I love this. crack me up completely.
Beach Fanatic
The only sure thing now for McCain is that he has been endorsed by "W".....
That's like waking up and finding a horse head in your bed......
Beach Fanatic
Bush has already said he will veto the bill so don't count on getting off the hook and being able to keep your house.
That's true but will the next president?
SoWal Expert
TANGENT Alert
I heard an interesting blurb on right wing radio today and I was wondering if anyone knows whether or not it is true. It has to do with bankruptcy law. In essence, if you were filing bankruptcy and say had 20,000 in credit card debt, you could go to the judge and state that you will pay some amount. The judge then determines whether that is a good faith effort, say 5,000 and the $15000 is a loss. You then pay the money, but get to keep "the stuff" you bought with that credit. Currently, houses are exempt from this. You don't get to keep the house.
What they were saying is that their is a push on the Democratic Side (Sen. Reid) to get this changed to where if a good faith effort was offered and made you could keep the house. Let's say you owe $400,000 and were willing to pay $200,000 then you could keep the property and the bank would lose out. Is this true? If so, with the amount of money that banks would likely lose, it was hypothesized that banks would tighten credit standards even more and increase interest rates to cover losses thus making it almost impossible to buy a home for most low to middle-income people. Has anyone heard about this?
Is Neal Boortz really "right-wing?" I didn't hear him talk about it, but I'm guessing it is he to whom you refer, since I heard him mention that Obama being elected would make it impossible for many people to buy a house. I never actually heard the how part.
Beach Fanatic
Is Neal Boortz really "right-wing?" I didn't hear him talk about it, but I'm guessing it is he to whom you refer, since I heard him mention that Obama being elected would make it impossible for many people to buy a house. I never actually heard the how part.
I personally don't think so, but it was on "right wing radio" here in SC. It was on a Fox affiliate. I am a fan of the Fair Tax and alot of his ideas.
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