Pee Spritz launched his fall-back insult once again with:


Besides the fact that the net cost of the 5k a month is only 3k a
month........something the brain dead liebrals cannot comprehend.


The liberals clearly understand that our tax system subsidizes the
housing expenses of the wealthy, with the greatest subsidy going to the
wealthiest portions of society living in the most expensive housing.

Relieved of the burden of earning enough money to pay for their entire
housing expense, (like middle and lower class renters must do), a good
portion of the privileged class then has enough time to agitate against
public funding of any programs that might provide or upgrade housing
available to the poorest and most desperate. One has to have certain
priorities, after all.

wrote in message
oups.com...


Pee Spritz launched his fall-back insult once again with:


Besides the fact that the net cost of the 5k a month is only 3k a
month........something the brain dead liebrals cannot comprehend.


The liberals clearly understand that our tax system subsidizes the
housing expenses of the wealthy, with the greatest subsidy going to the
wealthiest portions of society living in the most expensive housing.

So have you sent your mortgage interest tax deduction back to Washington so
they can spend it on the poor?

"NOYB" wrote in message
nk.net...

wrote in message
oups.com...


Pee Spritz launched his fall-back insult once again with:


Besides the fact that the net cost of the 5k a month is only 3k a
month........something the brain dead liebrals cannot comprehend.


The liberals clearly understand that our tax system subsidizes the
housing expenses of the wealthy, with the greatest subsidy going to the
wealthiest portions of society living in the most expensive housing.

So have you sent your mortgage interest tax deduction back to Washington
so they can spend it on the poor?




Indeed. Or donated it directly to a charity. ;-)

"*JimH*" wrote in message
...

"NOYB" wrote in message
nk.net...

wrote in message
oups.com...


Pee Spritz launched his fall-back insult once again with:


Besides the fact that the net cost of the 5k a month is only 3k a
month........something the brain dead liebrals cannot comprehend.


The liberals clearly understand that our tax system subsidizes the
housing expenses of the wealthy, with the greatest subsidy going to the
wealthiest portions of society living in the most expensive housing.

So have you sent your mortgage interest tax deduction back to Washington
so they can spend it on the poor?




Indeed. Or donated it directly to a charity. ;-)

Naw. Donating to charities is the Republican way. Democrats think that
the government can better handle the needs of the poor (which means they
obviously weren't paying attention to the level of poverty most of New
Orleans had sunk to even prior to Katrina).

wrote in message
oups.com...


Pee Spritz launched his fall-back insult once again with:


Besides the fact that the net cost of the 5k a month is only 3k a
month........something the brain dead liebrals cannot comprehend.


The liberals clearly understand that our tax system subsidizes the
housing expenses of the wealthy, with the greatest subsidy going to the
wealthiest portions of society living in the most expensive housing.

And, the not so wealthy too.

Relieved of the burden of earning enough money to pay for their entire
housing expense, (like middle and lower class renters must do), a good
portion of the privileged class then has enough time to agitate against
public funding of any programs that might provide or upgrade housing
available to the poorest and most desperate. One has to have certain
priorities, after all.

Bull, the lower and middle "income" people do find suitable housing. They
might not be living in or what the dream of but they are taking steps to get
there.

"NOYB" wrote in message
nk.net...

wrote in message
oups.com...


Pee Spritz launched his fall-back insult once again with:


Besides the fact that the net cost of the 5k a month is only 3k a
month........something the brain dead liebrals cannot comprehend.


The liberals clearly understand that our tax system subsidizes the
housing expenses of the wealthy, with the greatest subsidy going to the
wealthiest portions of society living in the most expensive housing.

So have you sent your mortgage interest tax deduction back to Washington
so
they can spend it on the poor?

Liebrals love to use the term "subsidize" whne talking about people being
able to keep their own money. ONe of the many reasons they are liebrals.

"Bert Robbins" wrote in message
. ..

wrote in message
oups.com...


Pee Spritz launched his fall-back insult once again with:


Besides the fact that the net cost of the 5k a month is only 3k a
month........something the brain dead liebrals cannot comprehend.


The liberals clearly understand that our tax system subsidizes the
housing expenses of the wealthy, with the greatest subsidy going to the
wealthiest portions of society living in the most expensive housing.

And, the not so wealthy too.

Relieved of the burden of earning enough money to pay for their entire
housing expense, (like middle and lower class renters must do), a good
portion of the privileged class then has enough time to agitate against
public funding of any programs that might provide or upgrade housing
available to the poorest and most desperate. One has to have certain
priorities, after all.

Bull, the lower and middle "income" people do find suitable housing.
They
might not be living in or what the dream of but they are taking steps to
get
there.

Chuckie is spewing the typical brain dead liebral class warfare crap.
The vast majority of people do not stay in one income bracket throughout
their lives.

Chuckie is spewing the typical brain dead liebral class warfare crap.
The vast majority of people do not stay in one income bracket throughout
their lives.

Sounds a bit like "let them eat cake."

You are right about that. The middle class is going the way of the
passenger pigeon. Yes, yes, a few of the former middle class are moving
into the ranks of the privileged-(something to cheer about in the right
wing) but most of the people leaving the middle class are worse off now
than they were a decade ago.

Watch what happens when the RE bubble bursts. All those folks with what
they think is a huge asset (suburban McMansion) and almost no net worth
(refinanced 2,3,4 times to sustain consumer spending in an environment
where housing costs are soaring and wages are essentially flat). You
think we've got po' folk now?
Just wait.

You guys know darn well what's on the horizon, and the recent changes
making it
almost impossible to declare a personal bankruptcy are an indicator.
Some of these people will be working the rest of their lives to pay off
the debt on a soon to be repossesed house

Sure, the reasoning advanced is often "When prices go down, we just
won't sell. We'll wait a few years for them to come back up." Some
people will have that luxury. Others will be forced to sell do to a
medical emergency, job loss (or transfer), or other unforeseen event.
When they put these heavily refi'd houses on the market and discover
nobody is willing to pay enough to break them out of their
indebtedness, there will be more examples of "people not remaining in a
single economic class for an entire lifetime."

Those houses dumped by the portion of the population "forced to sell"
will further erode the fantasy wealth of people who believe they can
hold as well as consume the same asset.

Add a 1, or even a 2,3,or 4 on the left hand side of every house price
in America. Nobody would be one cent better off if they are compelled
to live in one of those houses.

wrote in message
oups.com...


Chuckie is spewing the typical brain dead liebral class warfare crap.
The vast majority of people do not stay in one income bracket throughout
their lives.

Sounds a bit like "let them eat cake."

No, it sounds like let's teach them to bake their own cake so that they can
feed themselves.

You are right about that. The middle class is going the way of the
passenger pigeon. Yes, yes, a few of the former middle class are moving
into the ranks of the privileged-(something to cheer about in the right
wing) but most of the people leaving the middle class are worse off now
than they were a decade ago.

Then we need to do more to teach them how to work hard and earn more money
so that they can move up the ladder rather than sliding down the ladder
under the weight of good intentions.

Watch what happens when the RE bubble bursts. All those folks with what
they think is a huge asset (suburban McMansion) and almost no net worth
(refinanced 2,3,4 times to sustain consumer spending in an environment
where housing costs are soaring and wages are essentially flat). You
think we've got po' folk now?
Just wait.

When the "RE bubble bursts" it will be a great oppourtunity to buy so that
you can take advantage of the next bubble. Cycles, they keep repeating
themselves.

You have to make the money you have work harder for you. The lower my
mortgage the more I can put into an 401K, Roth IRA, IRA or whatever else you
choose to use as an investment vehicle.

You guys know darn well what's on the horizon, and the recent changes
making it
almost impossible to declare a personal bankruptcy are an indicator.
Some of these people will be working the rest of their lives to pay off
the debt on a soon to be repossesed house

Every time the darkness comes there will be sunlight next. The economic
cycle is like that of the nights and days we experience.

Sure, the reasoning advanced is often "When prices go down, we just
won't sell. We'll wait a few years for them to come back up." Some
people will have that luxury. Others will be forced to sell do to a
medical emergency, job loss (or transfer), or other unforeseen event.
When they put these heavily refi'd houses on the market and discover
nobody is willing to pay enough to break them out of their
indebtedness, there will be more examples of "people not remaining in a
single economic class for an entire lifetime."

How may times have you been laid off during your working career? I have been
laid off four or five times and each time I have been able to find another
job that paid me the same or more.

There are winners and loosers in life and you have to work to be a winner,
you can't sit around waiting for someone to give you the blue ribbon.

Those houses dumped by the portion of the population "forced to sell"
will further erode the fantasy wealth of people who believe they can
hold as well as consume the same asset.

It is an oppourtunity?

Add a 1, or even a 2,3,or 4 on the left hand side of every house price
in America. Nobody would be one cent better off if they are compelled
to live in one of those houses.

Corrections and adjustments are a part of economic life, live with it or
move to Cuba. In Cuba you won't own anything so you don't have to worry
about the price of houses.

On 24 Sep 2005 09:11:44 -0700, wrote:



Chuckie is spewing the typical brain dead liebral class warfare crap.
The vast majority of people do not stay in one income bracket throughout
their lives.

Sounds a bit like "let them eat cake."

You are right about that. The middle class is going the way of the
passenger pigeon. Yes, yes, a few of the former middle class are moving
into the ranks of the privileged-(something to cheer about in the right
wing) but most of the people leaving the middle class are worse off now
than they were a decade ago.

Watch what happens when the RE bubble bursts. All those folks with what
they think is a huge asset (suburban McMansion) and almost no net worth
(refinanced 2,3,4 times to sustain consumer spending in an environment
where housing costs are soaring and wages are essentially flat). You
think we've got po' folk now?
Just wait.

You guys know darn well what's on the horizon, and the recent changes
making it
almost impossible to declare a personal bankruptcy are an indicator.
Some of these people will be working the rest of their lives to pay off
the debt on a soon to be repossesed house

Sure, the reasoning advanced is often "When prices go down, we just
won't sell. We'll wait a few years for them to come back up." Some
people will have that luxury. Others will be forced to sell do to a
medical emergency, job loss (or transfer), or other unforeseen event.
When they put these heavily refi'd houses on the market and discover
nobody is willing to pay enough to break them out of their
indebtedness, there will be more examples of "people not remaining in a
single economic class for an entire lifetime."

Those houses dumped by the portion of the population "forced to sell"
will further erode the fantasy wealth of people who believe they can
hold as well as consume the same asset.

Add a 1, or even a 2,3,or 4 on the left hand side of every house price
in America. Nobody would be one cent better off if they are compelled
to live in one of those houses.

--
John H

"All decisions are the result of binary thinking."