tag:blogger.com,1999:blog-9352971.post4645324930771259962..comments2023-09-30T08:56:45.068-07:00Comments on Gahrie's Grumbles and Groans: Things That Make You Go Hmmmm.....Gahriehttp://www.blogger.com/profile/16795449308207016641noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-9352971.post-59382436826751127522008-01-03T19:23:00.000-08:002008-01-03T19:23:00.000-08:00Please do not think that because there are a bunch...Please do not think that because there are a bunch of idiots who are upsidedown on their loans because for some reason no one thought to say that intrest only loans might might us in the ass that we should feel sorry for them. I think that what has been done might be criminal.<BR/><BR/>I'm pissed that I will end up paying for lenders and "homeowners" who were irresponsible.<BR/>More than once someone had tried to sell me on zero intrest and when I said it was a bad idea I was told I was wrong. Now I'm the one who will pay for it, just like you as a responsible homeowner will have to as well.<BR/><BR/>The double shot will be all the construction workers who will have reduced wages who are also upsidedown in loans. Watch how many boats will be for sale in a couple of months.<BR/><BR/>As for alternative energy sources. The company that runs the windmills out in the low desert says they have a plane to set up a larger group in the plane states that could power half the county but they need the same subsidies the other power companies get to do it...they said they might be able to do it if the subsidies they were promosed were acually paid.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9352971.post-49903939583168326322008-01-02T21:43:00.000-08:002008-01-02T21:43:00.000-08:001) New construction is down. That is one of the re...1) New construction is down. That is one of the reasons many illegals are self deporting.<BR/><BR/>2) If by equity based on nothing:<BR/> <BR/>A) If you are talking about irresponsible housing loans, I agree. However the problem is based on the irresponsible behavior of those who refinanced to live beyond their means, and those who lent them the money.<BR/><BR/>B) If you are talking about the economy as a whole, you are wrong. Unemployment is down, productivity is up. Imports are down, exports are up. Inflation is practically non-existent, especially if you control for the rise in the price of oil.<BR/><BR/>3) I'm with you on developing new sources of energy. However methanol and ethanol are not the answer. Neither is government subsidies. I think it'll end up being hydrogen/fusion in the end.Gahriehttps://www.blogger.com/profile/16795449308207016641noreply@blogger.comtag:blogger.com,1999:blog-9352971.post-32460434491206229362008-01-02T21:30:00.000-08:002008-01-02T21:30:00.000-08:00Lets see, the people being hurt because of the hou...Lets see, the people being hurt because of the housing situation... Lenders who prey on stupid people... and stupid people.<BR/><BR/>I will lose no sleep over them. <BR/><BR/>to those whose equity has shriveled up and they now owe more than their hoouse is worth... sucksa to be you. When I got the phone calls and thousands of bulk mail offers to refiance and take out equity I ignored them...<BR/><BR/>The economy is fine... Its the idiots who want the help.<BR/><BR/>I say let them eat cake.Thomhttps://www.blogger.com/profile/01587774285457458119noreply@blogger.comtag:blogger.com,1999:blog-9352971.post-58695072946309305412008-01-02T19:29:00.000-08:002008-01-02T19:29:00.000-08:00Why down?Because this is just like the dot.bomb. E...Why down?<BR/><BR/>Because this is just like the dot.bomb. Equity based on nothing...and when the bubble pops here we go again.<BR/><BR/>Construction is down and so is the lower end jobs. No lower end jobs no need for Illegals.<BR/><BR/>Oil at $100/barrel isn't helping.<BR/><BR/>Can we work on losing our dependance on oil now?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9352971.post-25043189874617882312008-01-02T14:18:00.000-08:002008-01-02T14:18:00.000-08:00Why is everyone so down on the US economy?The only...Why is everyone so down on the US economy?<BR/><BR/>The only indictator that is remotely bad is the housing market, and that's only bad because the lenders and the borrowers all behave irresponsibly.<BR/><BR/>I would characterize them more accurately as rats fleeing the exterminator.....Gahriehttps://www.blogger.com/profile/16795449308207016641noreply@blogger.comtag:blogger.com,1999:blog-9352971.post-61275637176127232452008-01-02T14:14:00.000-08:002008-01-02T14:14:00.000-08:00Rats leaving the sinking ship?Rats leaving the sinking ship?Anonymousnoreply@blogger.com