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How bad would things have gotten if the banks were not

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LottomagicZ4941
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How bad would things have gotten if the banks were not

How bad would things have gotten if the banks were not bailed out?

If you can't afford a 15 year mortgage perhaps you shouldn't have bought the house. BUT the banks haven't educated people on this!!!! So they should eat the losses!!!!! Because of their failure to educate the public.

Home prices are still to high in many areas. To many big fancy houses were made. Many of which should have never have been approved. Instead of home mort ded we should have had a sur tax on big homes to keep homes affordable for the masses.

Home deduction should be eliminated for new home purchases. Faze it out. And if it is kept it should only be on modest homes not unenvironmental ones. If that makes me a commie so be it.

And I'm not an environmentalist cuz if I were I wouldn't commute 20 miles a day to work.

This was a response to http://www.money-talk.org/thread19954.html

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Thu Jan 26, 2012 11:24 am

LottomagicZ4941
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Don't think I will be able to vote for Mitt.

Some might consider that a vote for Obama. Won't go that far. Probably won't vote on president this year.

Wouldn't vote for Newt either. To bad Rick won't be an option.

http://www.freeadsplanet.com/showthread.php?p=300816#post300816 was in the cut and paste.

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Thu Feb 02, 2012 12:32 pm

motisami22
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i totally agree with you.

Thu Feb 02, 2012 5:44 pm

LottomagicZ4941
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quote:
Originally posted by motisami22
i totally agree with you.

Do you agree with me on Long Live UFO? Guess we now have X-UFO with X ufo members.

Hopefully they do some new stuff;)

I know I'm in the minority but I actually liked High Stakes and Dangerous Men.

Song ofthe day is Let It Roll;)

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Sat Feb 04, 2012 12:07 pm

SFOasia
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I absolutely agree with your points.It is really amazing to think what would happen if the banks were not veiled out.I think the banks have not educated the people.This is creating problem.

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Fri Feb 10, 2012 9:39 am

LottomagicZ4941
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quote:
Originally posted by SFOasia
I absolutely agree with your points.It is really amazing to think what would happen if the banks were not veiled out.I think the banks have not educated the people.This is creating problem.

Well perhaps we should educate them. Perhaps the credit unions need to lose their tax exempt status. They don't seem to be doing their mission.

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Thu May 10, 2012 9:32 am

dothebusiness
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Big Houses

It really astounded me when I saw the size of houses that many people here in Ireland built in the past 15 years. Now many are regretting trying to be one above the neighbours as their annual charges are so high they simply can't afford to pay them.

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Sat May 12, 2012 9:04 am

dothebusiness
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Spam

Guess you are posting spam in here Alvin suggest you find the right forums to advertise your pups

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Thu May 17, 2012 11:41 am

Sime
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He's now banned and removed.

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Fri May 18, 2012 7:04 am

LottomagicZ4941
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Re: Spam

quote:
Originally posted by dothebusiness
Guess you are posting spam in here Alvin suggest you find the right forums to advertise your pups

Did something get deleted? Did you hear about the dog that won the lotto?
It bought its owner a bone.

Seriously credit unions in the USA that are rude and don't honor their mission should lose their tax exempt status. Think I might put that up on my next flyer!!!

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Thu May 24, 2012 6:41 pm

LottomagicZ4941
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quote:
Originally posted by Sime
He's now banned and removed.

LOL guess I could have read everything before I responded. Bye Alvin-- I have made some marketing mistakes myself.

Once I put a bunch of fliers up on car windows and saw them littering the streets so now I put them on flyer boards.

Thanks for keeping our forum clean Sime;)

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Thu May 24, 2012 6:43 pm

LottomagicZ4941
Senior Member

Cash: $ 7.91

Posts: 2511
Joined: 02 Dec 2004
Location: Earth

Re: Big Houses

quote:
Originally posted by dothebusiness
It really astounded me when I saw the size of houses that many people here in Ireland built in the past 15 years. Now many are regretting trying to be one above the neighbours as their annual charges are so high they simply can't afford to pay them.

In the USA we have income tax offsets for certain interest. Think it should be limited to a reasonable home size and there should have been taxes on the monster non environmental houses.

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Thu May 24, 2012 6:47 pm

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