An honest question

iVillage Member
Registered: 07-16-2008
An honest question
227
Tue, 10-14-2008 - 9:33pm

I'm not trying to be smart, or snarky, or anything like that.

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iVillage Member
Registered: 09-15-2008
Wed, 10-15-2008 - 9:28pm

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-lol, and to think mccain tried to peg her as an obama groupie

iVillage Member
Registered: 01-14-2007
Wed, 10-15-2008 - 9:31pm
For me the tax cut is not the reason I want to vote for Obama.

 

                           &nb

iVillage Member
Registered: 12-18-2005
Wed, 10-15-2008 - 9:37pm

Well, there you go. As long as the poorest church mouse has an extra $.75 a paycheck, then McCain's plan must be fair. I take it all back. I guess no one could make the argument that anyone was punished under the McCain plan. We're all winners!


as long as that poor church mouse earns a $.75 paycheck, it will have at least $.75 (if not more) under both plans


And thank goodness Paris will be getting that extra $269K! What would America do without her?


are you sure? are you sure Paris makes over 2.9mil per year? on what? from her tv shows? it is income, not wealth that is taxed.

-Kristen

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iVillage Member
Registered: 04-09-2007
Wed, 10-15-2008 - 9:42pm

See, I think this where we are being duped. I don't think that there is an overwhelming majority of people walking away from foreclosure. I think this is a myth. It is also a myth that the Fair Housing Act is somehow at the heart of this. If you looked at the statistics, that argument doesn't make sense.

The banks and the financial system took on ridiculous risk. Their hand in this economic collapse is not EQUAL with homeowners. If someone can afford their home at face value but a lower rate, the banks should be COMPELLED to renegotiate. If the banks can afford a small loss, they should be compelled to renogiate. If it is argued that it wouldn't be a total loss for the government, then how can it be a total loss to the banks? If we are injecting the banks with capital, insuring deposits, insuring loans to other banks, etc., then why do we need to absolve these banks of the potential losses associated with this risk?

What is being proposed will neither create more wealth, nor it will it discourage risk. In the free market, failure HAS to be the stick, with profits offered as the carrot. Right now, we are saying, "NO STICK for you!"

iVillage Member
Registered: 10-09-2008
Wed, 10-15-2008 - 9:50pm
Are you showing yet? How did you find out what you were having so early? Were you guys planning on having another little one (ones now) or were they a surprise.
iVillage Member
Registered: 04-09-2007
Wed, 10-15-2008 - 9:53pm

TV, movie, cd sales, personal appearances, endorsements, etc. I think that after years of effort and perseverence, she actually earns a living.

By the way, my sarcasm was intended to prove a point that some could argue that they were being punished by getting very little comparitively to the wealthy. When a family struggles with 30% inflation for fuel, and a 15% increase for food, it could feel like a "punishment" to absorb those increases, while the wealty get so much more back.

My sarcasm wasn't intended to be disrespectful to you. I hope it wasn't interpretted that way.

iVillage Member
Registered: 12-18-2005
Wed, 10-15-2008 - 10:01pm

See, I think this where we are being duped. I don't think that there is an overwhelming majority of people walking away from foreclosure. I think this is a myth. It is also a myth that the Fair Housing Act is somehow at the heart of this. If you looked at the statistics, that argument doesn't make sense.


i think it depends where you are / who you know....


we just recently watched a tv program discussing the trend of some people who bought more house than they could afford, who then went and purchased a smaller home (claiming it would be a rental property to qualify for a loan)....they then stop paying on the larger home, forclose, and don't care.....totally irresponsible!

-Kristen

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iVillage Member
Registered: 12-18-2005
Wed, 10-15-2008 - 10:05pm

My sarcasm wasn't intended to be disrespectful to you. I hope it wasn't interpretted that way.


i didn't


When a family struggles with 30% inflation for fuel, and a 15% increase for food, it could feel like a "punishment" to absorb those increases, while the wealty get so much more back


yes, inflation is hard to handle at this speed...but no one is / can stop inflation

-Kristen

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iVillage Member
Registered: 04-09-2007
Wed, 10-15-2008 - 10:21pm
Yep, this is happening, and I doubt McCain's plan will stop it. McCain doesn't want to reward speculators (or at least he didn't want to up until 2 weeks ago). Again, there is no stick.
iVillage Member
Registered: 03-26-2003
Wed, 10-15-2008 - 10:24pm

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I disagree with you, but I'm pretty sure

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