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Foreclosure USA - US Housing Bust, Debt and Democracy Lost
The Market Oracle ^ | feb 25, 2007 | Joel S. Hirschhorn

Posted on 02/26/2007 9:53:40 AM PST by RobRoy

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To: RobRoy

Too many idiots, too little time. This rates as one of the biggest pieces of garbage you have posted from the fear-mongering goldbugs ever.


101 posted on 02/26/2007 11:34:38 AM PST by Always Right
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To: RobRoy

No it isn't - use some common sense.

I don't think men, in 1820 for example, had any more free time than people do today. In fact, they probably had a lot less because we didn't have welfare then and didn't promote sitting home on your butt over working your butt off. If you didn't work you didn't eat.

People also live a lot longer now, so we have millions of people who are retired and thus not working. The lifespan was shorter a century ago than it is today, so we have a lot MORE people who, if they wanted, could be politically active.

We also have people who are still students on their parents nickel at 25 years of age. We see them all the time at antiwar rallies and such. Did you see that in 1820 ? Nope, didn't think so. Why ? Because boys used to go to work around age 15-18 and girls became mothers by age 18 or so.


102 posted on 02/26/2007 11:36:30 AM PST by cinives (On some planets what I do is considered normal.)
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To: Alberta's Child

That's a real stretch.

I think if the gubmint ever came to a commuting suburbanite's door and tried to take his property, he'd fight just as hard as one of those people who make their living from their home.

Oh wait - we saw that with Kelo and other instances - people all over the country are fighting the eminent domain issue. Seems a lot of people are attached to the property they own, whether it's just their home or it's their business.

Your thought doesn't hold water.


103 posted on 02/26/2007 11:40:16 AM PST by cinives (On some planets what I do is considered normal.)
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To: Domicile of Doom
take all of the objectiveness out of the discussion. It maybe true, but no useful discourse can proceed thereafter if this is the tone used.

Statements like that give you a good indication of the level of intelligence of the author. This piece is a joke, written by a fear-mongering goldbug who has twisted facts to make it meaningless to even debate.

104 posted on 02/26/2007 11:42:15 AM PST by Always Right
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To: Always Right

>>This rates as one of the biggest pieces of garbage you have posted from the fear-mongering goldbugs ever.<<

I own no gold, nor do I own gold stocks. That said, when I see the word "goldbug" in a post, it does lower it's credibility. Gold is a good investment instrument, just as many other tangible things are. It is better than some and worse than others. But to paint someone with such a broad brush just strains credibility.


105 posted on 02/26/2007 11:45:36 AM PST by RobRoy
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To: cinives

Yeah, when Social security began, the average person died before they were old enough to be eligible.


106 posted on 02/26/2007 11:46:33 AM PST by RobRoy
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To: PSYCHO-FREEP

Taxes are taxes. Did you include sales tax? How about property tax?


107 posted on 02/26/2007 11:48:29 AM PST by taxed2death (A few billion here, a few trillion there...we're all friends right?)
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To: RobRoy

I was joking.


108 posted on 02/26/2007 11:55:20 AM PST by durasell (!)
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To: 2banana
Let us not forget hotel taxes, tobacco, alcohol, rental cars, airline and airport and a hundred similar special taxes.
109 posted on 02/26/2007 12:01:50 PM PST by razorback-bert (Posted by Time's Man of the Year)
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To: RobRoy
But to paint someone with such a broad brush just strains credibility..

I was painting this guy and this article and that website with the brush. If you go to goldbug sites like this to get you news, your are serverely misinformed. It is the same old stuff and it has zero credibility. They always tell you stocks and housing are going down the tube and the only safe place to put your money is gold. They were spewing this same stuff in 1970, 1980, 1990, 2000 and today. Their fear-mongering BS rarely ever comes true. Gold is doing great the last few years, but if I was a cherry-picking full of crap BS artist like Goldbugs are, I could point out that Gold was at $720 less than a year ago and is now plummeted to $668. True statement, but not an accurate picture of what gold has done. This article is just like that, completely misrepresents reality.

110 posted on 02/26/2007 12:04:51 PM PST by Always Right
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To: RobRoy
Interesting, purchasing a computer should be like buying a car. Buying a new car amounts to losing thousands as soon as you drive it home from the dealer.

Where do you find these computers? Also, the wifi connections can be expensive.
111 posted on 02/26/2007 12:35:10 PM PST by GeorgefromGeorgia
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To: avacado
And the bottom line of the story is that foolish people took out mortgages that they should not have.

Bingo!

This fool author is just begging for someone else to assume responsibility for some poor person's bad decisions. That's the real issue here, covered in various colors of wrapping paper.

112 posted on 02/26/2007 12:38:54 PM PST by TChris (The Democrat Party: A sewer into which is emptied treason, inhumanity and barbarism - O. Morton)
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To: Domicile of Doom
I agree, but the foolish delinquent will have a more difficult time securing and keeping a mortgage.
113 posted on 02/26/2007 12:41:00 PM PST by riverdawg
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To: TChris
Yep, he's a responsibility shifter!

A couple on my street bought their house and 18 months later allowed it to go into foreclosure. During that period the home appreciated by about $50K-$60K. Had they been smart, they would have sold it before the houses was taken from them and would have had $50K in their pockets. But no! They ruined their credit with a foreclosure and walked away with nothing!

Moral of the story: Many people are just barely intelligent enough to figure out how to get a mortgage but are too stupid to actually be responsible with owning a home.

114 posted on 02/26/2007 12:58:39 PM PST by avacado
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To: durasell

Sorry. I thought I could sense that sort of thing. :(


115 posted on 02/26/2007 1:03:57 PM PST by RobRoy
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To: Always Right

>>If you go to goldbug sites like this to get you news, your are serverely misinformed.<<

I disagree. I think a more accurate statement would be "If you ONLY go to goldbug sites like this to get you news, your are serverely misinformed". But that is true of any type of site.


116 posted on 02/26/2007 1:05:25 PM PST by RobRoy
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To: razorback-bert

What about B&O taxes, that are basically rolled up into the prices we pay for goods and services, and then we pay other taxes on that tax.


117 posted on 02/26/2007 1:06:24 PM PST by RobRoy
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To: GeorgefromGeorgia

Wi-fi is free. It is the monthly cable fee that is bad, but I had that before I had wi-fi. I find the computers on Craigslist. They are all over the place.


118 posted on 02/26/2007 1:07:49 PM PST by RobRoy
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To: RobRoy

It's okay, according to the latest sources jokes are way over-valued. I blame all the cheap laughs bought on credit.


119 posted on 02/26/2007 1:10:26 PM PST by durasell (!)
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To: RobRoy
The worst kind: Democraps and Republicrooks. Corrupt politicians care more about making corporations profitable and the rich richer.

Jeez, what sohpomoric drek. The only thing sadder than the people who write such trash are the people who believe it.

120 posted on 02/26/2007 1:11:01 PM PST by facedown (Armed in the Heartland)
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