From: T Wake on

<jmfbahciv(a)aol.com> wrote in message
news:el97m7$8qk_002(a)s856.apx1.sbo.ma.dialup.rcn.com...
> In article <45781ECA.7C2760D5(a)hotmail.com>,
> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
>>
>>
>>jmfbahciv(a)aol.com wrote:
>>
>>> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
>>> >
>>> >If any Muslims over here try it on, they'll discover what a swift kick
>>> >to
> the
>>> >nuts does !
>>>
>>> With the methods available today, you will never see your
>>> killer.
>>
>>There's no need to be as silly as I was being !
>
> I wish I could be silly.

Well that genie must have been listening. This thread is testament to your
ability to be silly.


From: T Wake on

"Lloyd Parker" <lparker(a)emory.edu> wrote in message
news:el99de$qc5$3(a)leto.cc.emory.edu...
> In article <el6j44$8qk_001(a)s867.apx1.sbo.ma.dialup.rcn.com>,
> jmfbahciv(a)aol.com wrote:
>>In article <el6gso$r3s$2(a)leto.cc.emory.edu>,
>> lparker(a)emory.edu (Lloyd Parker) wrote:
>>>In article <9857e$45761fc1$4fe7071$17377(a)DIALUPUSA.NET>,
>>> unsettled <unsettled(a)nonsense.com> wrote:
>><snip>
>>
>>>>> How indeed? The mortgage industry is luring people who can't afford
>>>>> it,
>>>with
>>>>> interest-only loans, no down payments, etc. That's why defaults are
>>>>> up.
>>>>
>>>>That's not the main reason. Check those default folks' other
>>>>financial arrangements to discover how badly they're
>>>>mismanaging *everything.*
>>>
>>>A lot are people who've lost their jobs due to illness or the company
>>>downsizing or outsourcing.
>>
>>Why are you allowed to give third information as fact and we can't?
>>
>>/BAH
>
> From ajc.com:
>
> "Phillip Newman is a mechanical designer. He bought a home in Lithonia two
> years ago, obtaining a mortgage that required a monthly payment of $1,260.
>
> Four months later, his company was purchased and his job eliminated.
>
> He was out of work for five months, then found a one-year contract job.
> When
> that ended, he scrambled for three months and in July found his current
> position - where he makes about 25 percent less than he had as a
> consultant.
> He fell way behind in his mortgage payments and was scheduled for
> foreclosure
> in October. He says he cut spending: He has no cable television, no
> cellphone,
> no Internet connection."
>
> "In some ways, it's the same as always: People lose a paycheck or hit a
> sudden
> expense, Hunt said. But it's different, too. Millions of home buyers are
> just
> coping with their first big jump in mortgage rates."

I suspect /BAH's response (and maybe some of the sycophants) will be along
the lines of he bought in too "ritzy" a neighbourhood.

He should have been happy to live in a yurt, tend his cattle and grow his
own vegetables and make his own clothes. Everything else is attached to the
despised middle class.

As /BAH appears to promote rampant capitalism, her Marxist leanings are
amusing.


From: T Wake on

"Lloyd Parker" <lparker(a)emory.edu> wrote in message
news:el991p$qc5$1(a)leto.cc.emory.edu...
> In article <el6i3f$8qk_002(a)s867.apx1.sbo.ma.dialup.rcn.com>,
> jmfbahciv(a)aol.com wrote:

<snip for brevity>

>>So? That's how you do this buying your house biz if you
>>are going to take out a loan. You can also take out a
>>loan that includes the down payment. Is it now a sin
>>to save for the down payment?
>>
>>/BAH
>
> No, but it means young people have to put off buying a house while they
> do.

Which maintains the circle. While the young people are trying to save, they
have to pay rent. While they try to save house prices go up, rent goes and
their savings become a lower percentage of the deposit.

Thankfully, kind hearted mortgage lenders will offer them fantastic income
multiples and 100%+ mortgages..........


From: T Wake on

"Lloyd Parker" <lparker(a)emory.edu> wrote in message
news:el9a57$qc5$5(a)leto.cc.emory.edu...
> In article <1cb25$4576dfda$4fe725d$21851(a)DIALUPUSA.NET>,
> unsettled <unsettled(a)nonsense.com> wrote:
>>Lloyd Parker wrote:
>>
>>> Care to sound intelligent for a change? Comparing average home price to
>>> median income IS the way it is done.
>>
>>Byt that not at all what *THIS* discussion has been about
>>from the start. BAH boldly asserted that in the US poor people
>>can, if they manage their lives and money well, buy a house.
>>
>
> And that shows he's (a) dumb as a fence post; (b) out of touch with
> reality;
> (c) both (a) and (b).

I vote she is C.

>
>>You've been trying all along to move the damn goalposts.
>
> I've been trying to tell you right-wing zealots you don't know what you're
> talking about. "Poor" to you seems to mean playing golf at a public
> course
> instead of a private one.

Yes, generally speaking _if_ you can buy your own house you certainly are
not poor.

As for moving the goalposts - blimey. As they move with ever post /BAH makes
how can *anyone* know where they are supposed to be?


From: T Wake on

<jmfbahciv(a)aol.com> wrote in message
news:el927n$8ss_004(a)s856.apx1.sbo.ma.dialup.rcn.com...
> In article <4576E01A.DC9181AE(a)hotmail.com>,
> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
>>
>>
>>jmfbahciv(a)aol.com wrote:
>>
>>> Eeyore <rabbitsfriendsandrelations(a)hotmail.com> wrote:
>>> >vjp2.at(a)at.BioStrategist.dot.dot.com wrote:
>>> >
>>> >> Zbigniew Brzezinski, a former U.S. national security adviser.. on
>>> >> "Political Capital with Al Hunt," to air on Bloomberg Television..
> Asked
>>> >> whether the U.S. should have to accept the reality of the Iranians
>>> >> obtaining
>>> >> nuclear weapons, he said, "I'm not entirely convinced they are really
>>> >> seeking
>>> >> them." The Iranian leadership is "seeking a comprehensive nuclear
> program"
>>> >> that would put the country in a position to produce nuclear weapons,
>>> >> Brzezinski said. [jmathewson(a)bloomberg.net November 24, 2006]
>>> >
>>> >I suspect that's quite an accurate analysis.
>>>
>>> You are swallowing Democrat sound bites again.
>>
>>Hardly.
>>
>>I came to that conclusion some considerable time ago based on a whole
>>stack
> of
>>things. In any case I pay next to no attention to what politicians have to
> say on
>>the matter, whichever their persuasion and certainly don't give much
> credibility
>>to purely US politics in that respect.
>
> But your BBC news reports our politicians' sound bites as news.
> You are basing your decisions on political slickerhood.
>

Incorrect. You are biasing your assumptions on pre-conceived ideas.

<snip>