Jihad needs scientists
in [Design]
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From: krw on 15 Nov 2006 10:59 In article <455B23F4.DEBD35D1(a)hotmail.com>, rabbitsfriendsandrelations(a)hotmail.com says... > > > jmfbahciv(a)aol.com wrote: > > > <lucasea(a)sbcglobal.net> wrote: > > > > >Well, Eeyore, this would belie the assertion that she lives too far from a > > >population center to get decent DSL. > > > > I live in a town. There is no DSL line strung. > > You people are starting to get really annoying. > > DSL comes down an ordinary telephone line ! Only if you're within 17K' of the CO. -- Keith
From: lucasea on 15 Nov 2006 11:03 <jmfbahciv(a)aol.com> wrote in message news:ejf0uq$8ss_002(a)s792.apx1.sbo.ma.dialup.rcn.com... > In article <GZadnR1moYq8q8fYnZ2dnUVZ8qmdnZ2d(a)pipex.net>, > "T Wake" <usenet.es7at(a)gishpuppy.com> wrote: >> >><jmfbahciv(a)aol.com> wrote in message >>news:ejckhl$8qk_003(a)s858.apx1.sbo.ma.dialup.rcn.com... >>> In article <yt-dne7WCNI5zMrYRVnysw(a)pipex.net>, >>> "T Wake" <usenet.es7at(a)gishpuppy.com> wrote: >>>> >>>><jmfbahciv(a)aol.com> wrote in message >>>>news:ej7ffd$8qk_042(a)s851.apx1.sbo.ma.dialup.rcn.com... >>>>> In article <455615CC.2B8A045E(a)hotmail.com>, >>>>> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote: >>>>>> >>>>>> >>>>>>jmfbahciv(a)aol.com wrote: >>>>>> >>>>>>> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote: >>>>>>> >jmfbahciv(a)aol.com wrote: >>>>>>> >> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote: >>>>>>> >> >jmfbahciv(a)aol.com wrote: >>>>>>> >> > >>>>>>> >> >> Raising the minimum wage is stupid and insane. >>>>>>> >> > >>>>>>> >> >Why ? >>>>>>> >> >>>>>>> >> It causes all other prices to eventually go up, especially >>>>>>> >> housing. >>>>>>> >> It eliminates wage competition. People's real productivity is >>>>>>> >> no longer measured nor rewarded with wage. >>>>>>> >> >>>>>>> >> >>>>>>> >> >I saw it can be a slow as $5 an hour. >>>>>>> >> > >>>>>>> >> >Can anyone actually live on that ? >>>>>>> >> >>>>>>> >> $10k/year? Yes. >>>>>>> > >>>>>>> >You wouldn't get far on ?5263 over here for sure. >>>>>>> >>>>>>> I didn't say it was easy and one also has to give up a lot >>>>>>> of middle class "attitudes" ;-). >>>>>> >>>>>>Around here you'd pay ~ ?3000 p.a. minimum just for >>>>>>a very basic rented room ! >>>>> >>>>> In the US you can't plan on renting when you stop working. Part >>>>> of way we live is to spend a part of our wages on a place to live >>>>> that will become yours after a few years. That way you can >>>>> eliminate paying rent as part of your living expense. >>>> >>>>Your argument has more holes than swiss cheese. >>>> >>>>You cant plan on renting anywhere when you stop working. If you are >>>>earning >>>>$200 a week, how do you save for a place to live? Where do you live >>>>while >>>>you are saving? What do you eat? >>> >>> When I said plan, I meant long-term planning. That is why people >>> buy their own house and start paying the money they earn while >>> young to pay off the mortgage. When the mortgage is paid off, >>> they don't pay rent. The plan to stay in the house when >>> they quit working. >> >>When you are earning $200 per week, how much can you spare to pay off a >>mortgage? What duration are US Mortgages? How much of a deposit is >>normally >>put down? >> >>I know you meant long term planning, but earning minimum wage does not >>lend >>itself to that kind of living. People have to eat. They have to pay bills. >>They have to be able to save for a deposit. They have to live somewhere >>while they are waiting to buy their house. Etc. > > You don't have to borrow. The Portuguese around here make it a > family affair. Everybody in the extended family works, and then > they buy a house for cash. No borrowing. Now the family has > a house to live in and they begin to save for the next house. > Eventually everybody has their own house. Once again, you extrapolate from an extremely unusual case, to everybody in the country. And by the way, how recent was this Portuguese family affair thing done? I'll posit that you're also in the habit of extrapolating from 45 years ago to the present, and I'll just say that the real estate market (and the economy as a whole) is a *very* different thing than it was 45 years ago. Eric Lucas Eric Lucas
From: krw on 15 Nov 2006 11:06 In article <1jw6h.6411$Sw1.3562(a)newssvr13.news.prodigy.com>, lucasea(a)sbcglobal.net says... > > "T Wake" <usenet.es7at(a)gishpuppy.com> wrote in message > news:GZadnR1moYq8q8fYnZ2dnUVZ8qmdnZ2d(a)pipex.net... > > > > <jmfbahciv(a)aol.com> wrote in message > > news:ejckhl$8qk_003(a)s858.apx1.sbo.ma.dialup.rcn.com... > >> In article <yt-dne7WCNI5zMrYRVnysw(a)pipex.net>, > >> "T Wake" <usenet.es7at(a)gishpuppy.com> wrote: > >>> > >>><jmfbahciv(a)aol.com> wrote in message > >>>news:ej7ffd$8qk_042(a)s851.apx1.sbo.ma.dialup.rcn.com... > >>>> In article <455615CC.2B8A045E(a)hotmail.com>, > >>>> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote: > >>>>> > >>>>> > >>>>>jmfbahciv(a)aol.com wrote: > >>>>> > >>>>>> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote: > >>>>>> >jmfbahciv(a)aol.com wrote: > >>>>>> >> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote: > >>>>>> >> >jmfbahciv(a)aol.com wrote: > >>>>>> >> > > >>>>>> >> >> Raising the minimum wage is stupid and insane. > >>>>>> >> > > >>>>>> >> >Why ? > >>>>>> >> > >>>>>> >> It causes all other prices to eventually go up, especially > >>>>>> >> housing. > >>>>>> >> It eliminates wage competition. People's real productivity is > >>>>>> >> no longer measured nor rewarded with wage. > >>>>>> >> > >>>>>> >> > >>>>>> >> >I saw it can be a slow as $5 an hour. > >>>>>> >> > > >>>>>> >> >Can anyone actually live on that ? > >>>>>> >> > >>>>>> >> $10k/year? Yes. > >>>>>> > > >>>>>> >You wouldn't get far on £5263 over here for sure. > >>>>>> > >>>>>> I didn't say it was easy and one also has to give up a lot > >>>>>> of middle class "attitudes" ;-). > >>>>> > >>>>>Around here you'd pay ~ £3000 p.a. minimum just for > >>>>>a very basic rented room ! > >>>> > >>>> In the US you can't plan on renting when you stop working. Part > >>>> of way we live is to spend a part of our wages on a place to live > >>>> that will become yours after a few years. That way you can > >>>> eliminate paying rent as part of your living expense. > >>> > >>>Your argument has more holes than swiss cheese. > >>> > >>>You cant plan on renting anywhere when you stop working. If you are > >>>earning > >>>$200 a week, how do you save for a place to live? Where do you live while > >>>you are saving? What do you eat? > >> > >> When I said plan, I meant long-term planning. That is why people > >> buy their own house and start paying the money they earn while > >> young to pay off the mortgage. When the mortgage is paid off, > >> they don't pay rent. The plan to stay in the house when > >> they quit working. > > > > When you are earning $200 per week, how much can you spare to pay off a > > mortgage? What duration are US Mortgages? > > The longest common mortgage used to be 30 years, with 15 and 10 not being > uncommon. > > > > How much of a deposit is normally put down? > > Typically 10 - 20%, although with the housing market softening, mortgage > companies are starting to do really dodgy things, like suckering people that > can barely afford it into a mortgage with 0% down. When someone is this > financially strapped, it doesn't take much (one appliance failing, for > example) for them to get well and truly upside-down, another term for > "financially fucked". My first mortgage (about 25 years ago) was almost zero down. I bought in with less than $5K, including property taxes and other fees. I had a decent cash flow but looking at 18% was pretty scarry! We ended up at 14.5% and thought we were lucky. In the same situation I'd do it again. The first year was pretty tight but after that it was much easier than if we'd kept renting. -- Keith
From: krw on 15 Nov 2006 11:08 In article <mkx6h.6430$Sw1.2684(a)newssvr13.news.prodigy.com>, lucasea(a)sbcglobal.net says... > > "Eeyore" <rabbitsfriendsandrelations(a)hotmail.com> wrote in message > news:455A99E1.A3ED916A(a)hotmail.com... > > > > > > lucasea(a)sbcglobal.net wrote: > > > >> "T Wake" <usenet.es7at(a)gishpuppy.com> wrote in message > >> > >> > When you are earning $200 per week, how much can you spare to pay off a > >> > mortgage? What duration are US Mortgages? > >> > >> The longest common mortgage used to be 30 years, with 15 and 10 not being > >> uncommon. > >> > >> > How much of a deposit is normally put down? > >> > >> Typically 10 - 20%, although with the housing market softening, mortgage > >> companies are starting to do really dodgy things, like suckering people > >> that > >> can barely afford it into a mortgage with 0% down. When someone is this > >> financially strapped, it doesn't take much (one appliance failing, for > >> example) for them to get well and truly upside-down, another term for > >> "financially fucked". > > > > I saw the othe day that some UK lenders are now offering 40 yr + mortgages > > and > > crazy income multiples. > > Yeah, I actually forgot to add that one of the more unethical lending > practices developing in the US is what's called an "interest-only mortgage". > In other words, the borrower is only obligated to pay the interest each > month, and need never put a cent toward principal. That is, in actuality, > an infinite-term mortgage (although there may be some language in the > agreement about having to pay off the principal by some date--it's just that > the required monthly payments don't account for it). How is it in any way "unethical"? The buyer knows all of the conditions ahead of time. I can see many circumstances were this sort of mortgage would make a lot of sense. You must really come unglued at reverse mortgages. -- Keith
From: krw on 15 Nov 2006 11:13
In article <9fbce$455b1e5e$49ecfcb$16796(a)DIALUPUSA.NET>, unsettled(a)nonsense.com says... > jmfbahciv(a)aol.com wrote: > > In article <kgl6h.25069$TV3.20095(a)newssvr21.news.prodigy.com>, > > <lucasea(a)sbcglobal.net> wrote: > > > >>"Eeyore" <rabbitsfriendsandrelations(a)hotmail.com> wrote in message > >>news:4559DA19.3B5B7EC8(a)hotmail.com... > >> > >>> > >>>jmfbahciv(a)aol.com wrote: > >>> > >>> > >>>> <lucasea(a)sbcglobal.net> wrote: > >>>> > >>>> > >>>>>And you like to imply things that just aren't true. You weren't living > >>>>>on > >>>>>"$2/day". > >>>> > >>>>Right. It was $2/month. > >>> > >>>And you can also clean a whole house in 15 mins ? > >> > >>The thing that she conveniently glosses over > > > > > > I did not gloss over it. I assumed that you were able to think > > well enough to fill in those blanks. ARe you really that thinking > > disabled that I have to specifically spec out all aspects? > > > > I said college. It was already established the decade that > > occurred. I should have known better because you have shown > > in this thread that you cannot read two sentences and figure > > out how they relate. > > > I sure hope he's not one of those you're trying > to learn something from. > One thing she's trying to learn is the reasons behind people's attitude. One way to learn is to poke the specimen. ;-) -- Keith |