I'MMA LET YOU FINISH
Heather Mills tossed out of her apartment?
Trickle-down misery. I'm guessing those landlords aren't getting evicted from their own homes.
William Greider, 'Secrets of the Temple'. A book that tells you what you need to know about economics in the latter twentieth century. Highly recommended...
That poor woman now has until December 9 to find a new place to live. This is obscene.
Oy. Three friends have told me in the last month or so their thinking about "investing" in some rental property while the market is depressed. Besides the crap-shoot, I tell them my index fund has never called me in the middle of the night about a leaky roof or broken furnace.
Trickle-down misery. I'm guessing those landlords aren't getting evicted from their own homes.
noblejoanie | 12.01.07 - 12:59 pm |
I'm wondering if some of them aren't in danger of losing all their homes, rental and their own.
I'm beginning to suspect all of this might have a bit of a ripple effect...
I tell you, Blazing Saddles and Young Frankenstein, were comedy classics. So many side nuances in the scripts, worked against such over the top themes.
Albuquerquians who like movies and sex will be interested to know that the city has tried to prevent The Guild repertory theatre from exhibiting its Pornotopia film festival.
http://www.selfservetoys.com/Por.../
Pornotopia.htm
Most disturbingly, it appears that the local journalists were responsible for creating the controversy by alerting the City and Zoning Board to the "event."
Assholes.
That's not what caused the S&Ls to collapse though. One of the factors was the the $100K in insured deposits was never meant to cover people who had $100K in each of several different S&Ls. Not to mention the raft of further bills easing regulations of S&Ls, none of which occured under Carter. The Carter legislation isn't what caused the problem.
Jennifer | 12.01.07 - 12:52 pm | #
Ted Kennedy ran an insurgent campaign against Carter in 1980 specifically on the issue of abandonment of the New Deal and embrace of what we now call DLC economics.
Certainly, the wholesale looting of the system was due to Reagan, but Carter was a strong advocate of deregulation - not just for bankers.
That's a question I never thought of asking my landlord.
How long have you owned this building?
Trickle-down misery. I'm guessing those landlords aren't getting evicted from their own homes.
noblejoanie
I don't know: How many of those people took out equity loans to put down payments on their rental properties. I've never watched one of those "Get rich with no money" videos, but I'd be surprised if there isn't a lot of that out there.
As I understand it, this mostly affects renters in single-unit dwellings or small complexes; above a certain number of units, the property is considered
"commercial" and borrowers are held to higher standards.
The solution is obvious.
We MUST elect a DLC president...
That's a question I never thought of asking my landlord.
How long have you owned this building?
HoneyBearKelly | Homepage | 12.01.07 - 1:03 pm |
That, and 'are you renting this house because you're having trouble selling it or making payments?'
Playing the part of the troll today who will tell us that renters have no one to blame but themselves, will be....
Recap from Americablog via Google
Last month, Americablog posted an article from the Toledo Blade detailing how the State's Workers Compensation Fund had invested $50 million in rare coins.
The Blade first reported April 3 that since 1998 the bureau has invested $50 million in rare coin funds controlled by Mr. Noe, a local coin dealer and frequent contributor to local, state, and national Republican campaign committees.
He was President Bush's northwest Ohio campaign chairman in last year's presidential race and because of the contributions he raised for the President, he earned the coveted status of a Bush "pioneer."
Now if Jeb, presently with Lehman Brothers, had buddies in charge of the Florida pension fund swap money for worthless "shitpile motgages", why isn't this a crime?
Deja Vu ArBusto and Harken energy.
Punkinhaid had Steve Martin flogging his new book
Born Standing Up. Wasn't too bad.
As I understand it, this mostly affects renters in single-unit dwellings or small complexes; above a certain number of units, the property is considered
"commercial" and borrowers are held to higher standards.
plantsman, bulbalicious
No small number of people rent houses if they can.
I would think a lender would like to assume the lease, keep some money flowing in from the rent rather than have the property sit empty.
I'm not a real estate or bankruptcy attorney, so take that for what it's worth.
plantsman,
yea, we;re not talking about large commercial apartment complexes, just people who buy a couple of "investment properties" on the side.
Prof Wombat, I noticed how your comment on the homeostasis of the body's acid balance drew the ire of some, um; interesting sorts yesterday. Good show!
Yep. I posted a reply concerning some curious attempts of the body to regulate in terms of addictions and such. Sometimes homeostasis can not be your friend. But then the cable crapped out for an hour.
Playing the part of the troll today who will tell us that renters have no one to blame but themselves, will be....
Rmj, Friend-O | Homepage | 12.01.07 - 1:04 pm
Not being a troll, but it goes back to trying to teach everyone what their rights and options are. If you're a renter, there should be agencies, legal aid, that should help you with these situations. Of course, the problem is is getting that info to renters.
I know, it's *hopeful* self-interest talking. Our complex changed hands last year.
This is just the invisible hand of Adam Smith giving pleasure to Ayn Rand.
I'm guessing those landlords aren't getting evicted from their own homes.
Actually, a lot of them are, or will be eventually. Quite a few of them mortgaged the homestead to the hilt to buy the rental.
"Findlaw.com" can be your friend.
Certainly, the wholesale looting of the system was due to Reagan, but Carter was a strong advocate of deregulation - not just for bankers.
rootless-e | 12.01.07 - 1:02 pm | #
My point, and Jennifer's, is that you should never omit the word "Reagan" when discussing the S&L debacle.
You might as well blame Al Gore for the debacle in Iraq. Because if he didn't have the 2000 election stolen from him, CheneyCo. couldn't have got us into it.
~
from old thread---
Thanks God Carter deregulated S&L's. Otherwise, money would be locked up in community housing and small business instead of being free to float to largest returns and improve the efficiency of the entire system.
rootless-e | 12.01.07 - 12:33 pm |
It was Reagan. The Garn- St Germain bill>
quoting Reagan: "We really hit the jackpot with this one." as he signed it into law.
nj: the trick is to have rent cover expenses, including mortgage payments, of course. If it doesn't, it's cheaper to simply walk away from the property and the mortgage, let it be foreclosed. Your bottom line improves instantly. If the property's foreclosed, the renter's contractual rights, usually with the landlord rather than giving the renter rights in the property, won't survive.
Reason number 3,278 why it's nice to be the king...
The couple that own this building are very old.
Their son lives in the building and their daughter works for them so I guess I'm ok.
Back later.
If you're a renter, there should be agencies, legal aid, that should help you with these situations.
I worked in a legal aid program during law school, helping prisoners at the Alderson Federal Penitentiary.
It's fucking heart breaking. Many of those women were in there because they took the heat that their boyfriends skated out from under.
Playing the part of the troll today who will tell us that renters have no one to blame but themselves, will be....
I think renter's should get a tax break for rent payments at least equal to what mortgage payers get.
Sorry.
This is just the invisible hand of Adam Smith giving pleasure to Ayn Rand.
spinoza, non ridere, non luger | 12.01.07 - 1:08 pm | #
Well, that's really yucky...
ProfWombat--no, I understand the lease is with the foreclosed upon owner, that the lessee has no surviving rights. I was just saying it would make sense in the meanwhile, absent an eager buyer in the wings, hah, for the lender to allow the lease to continue, if only month to month.
I would think a lender would like to assume the lease, keep some money flowing in from the rent rather than have the property sit empty.
I'm not a real estate or bankruptcy attorney, so take that for what it's worth.
noblejoanie
Yeah, I was just thinking that. It also seems as if a rental property earning income could be sold for more than an empty house.
plantsman: It became sort of strange, listening to someone telling me the earth is flat, and then getting angry when I suggested that his position bespoke a certain lack of expertise. RMJ the week before, and I and others, went through the same thing with law; his posts on human physiology were equally misinformed, equally unwilling to admit limits to his knowledge and experience, and of the identical pattern. Anyway, I'm done with the jerk; let him argue with himself in the mirror. I'm here to talk with my friends.
That's a question I never thought of asking my landlord.
How long have you owned this building?
HoneyBearKelly
Actually, I did ask the landlord that last year when I moved here because it was so obviously such a small operation (18 units).
The answer I got (14 years) has since been confirmed. I got a good deal, and I know it.
Oh, and greetings again, rational people.
I think renter's should get a tax break for rent payments at least equal to what mortgage payers get.
Sorry.
bcf
I've always believed that. That either they should get a break or property owners should lose the mortgage interest deduction. It always looked to me like we were giving a reward to people just because they happened to make enough money, or have wealthy enough relatives, that they could afford the downpayment.
Of course, that was back in the day when people actually made downpayments, but I digress....
Renters get fucked on taxes in a variety of ways, from not getting the interest deduction that owners get to being the ones footing the tab on the property taxes. Because rents take those kind of things into account, too.
You might as well blame Al Gore for the debacle in Iraq. Because if he didn't have the 2000 election stolen from him, CheneyCo. couldn't have got us into it.
~
ifthethunderdontgetya™³²®© | Homepage | 12.01.07 - 1:08 pm | #
More like blaming Hillary Clinton for Iraq or Biden/DiFi/Schumer for the current disaster. If you author a system that increases the political and financial power of financiers and sharks, then you at least bear some responsibility when they press their advantage.
But you are right: I should not have failed to mention that Reagan was the big looter of the system.
nj: the question, I think, is the extent to which walking away from the property and the mortgage saves the landlord money. The forecloser is often not set up to be a landlord, would have to hire managers for the property and so on. Not enough of a R.E. law or business person to really address the question...
Okay, way OT, but it's World Aids Day, so:
Did you know that 75% of military returning from Iraq, and 79% of the American public have no problem with gays serving in the military?
http://news.yahoo.com/s/afp/
2007...Skbrvc5S7Ks0NUE
Did the CNN, Fox (ha!), CNBC, CBS, ABC, NBC, any of those fuckers tell you this?
Legal Aid Societies and Public Defender's Offices are up against it.
There's no immediate shareholder return on investment. Those folks work their tails off, on a largely difficult and thankless career.
I think renter's should get a tax break for rent payments at least equal to what mortgage payers get.
I don't think anybody should get any fucking tax breaks for what they pay for housing.
ProfWombat--no, I understand the lease is with the foreclosed upon owner, that the lessee has no surviving rights. [..]
noblejoanie | 12.01.07 - 1:11 pm | #
Although that is itself a gross injustice and an illustration of how the law deprecates the rights of workers and renters.
Anyway, I'm done with the jerk; let him argue with himself in the mirror. I'm here to talk with my friends.
ProfWombat
I've had it with Mr I'm Smarter Than The Whole World, too.
But you are right: I should not have failed to mention that Reagan was the big looter of the system.
The temperature on the other side of the Styx just dropped precipitously.
Not "God and Nature". Just God. Remember how evangelicals have significantly more credit card debt than the rest of us, because they believe they won't have to pay it off when the rapture comes.
Sick, sick people.
Up until about 20 years ago, California renters got a "renters' credit" on state taxes.
Sadly, that got taken away.
I don't think anybody should get any fucking tax breaks for what they pay for housing.
Henry George, is that you?
Problem is, landlords already get that tax break. Ideally, some of that tax break is included in calculations of fair rent. (It's OK. You can stop laughing now.)
It isn't hard to imagine, say, renting an apartment to your mother, and double-dipping on tax breaks.
I agree that there's significant incentive to home buyers that renters don't get, and there's something inequitable about it on its face. But I don't see an easy way to redress it. Perhaps the tax break should be distributed formlaically among landlord and tenant, rather than solely accrue to the landlord's benefit. But that'd utterly change the economics of property development; it'd be a non-starter.
I don't think anybody should get any fucking tax breaks for what they pay for housing.
NTodd,
I would actually agree, except,
since mortgage payers probably always will, in the interst of equal protection, so should renters...
I used to work in commercial real estate servicing for a bank (still work for the bank, but moved over to technology years ago). For a lot of our larger loans (multi-million dollar loans for apartment complexes with a couple hundred units), we'd collect extra every month on top of the regular payment for an escrow account. I was in charge of (among other things) approving and paying out for the work that the borrowers would do to keep up their places. This would cover things like new carpeting, floor coverings, dishwashers, ovens, fridges. The borrowers were always frantic about getting their money almost as soon as the inspection was complete. (Of course we charged for the inspection too.)
We had smaller properties (older loans, made in the 80s and before) and most of them didn't have escrows, and you could certainly tell when it came time to do the property inspections.
As much as those huge "apartment cities" tend to be soulless entities, if I were back renting again, I'd go with one of them, because 99.9% of them are under some sort of commercial note that requires escrow accounts and inspections. They also have regular maintenance staff and tend to be better kept up.
Also, for the most part (this is true here in Phoenix) you get what you pay for when you're renting. You may get a better deal on a place, but you're probably renting in the 'hood or it has some other defect, as I found out after I first moved here. (Dad: "did you know that there's a railroad trunk line that runs right behind your apartment?" Me after many sleepless nights: "I do now.")
Up until about 20 years ago, California renters got a "renters' credit" on state taxes.
Renters here do get a bit of a rebate at tax time if they qualify in terms of income. When I had friends living with me, they paid me a nominal amount per month (when they remembered) to defray utilities and such, but we called it rent so I'd fill out a form every year certifying they were a tenant and due some money.
And I fucking declared that rent as income even though I could've gotten away with it all under the table. I'm such a chump.
I don't think anybody should get any fucking tax breaks for what they pay for housing.
Homeowners didn't always enjoy that tax break. But it's so locked in now, that to suddenly remove it, would really fuck things up in our already flimsy economy.
nj: the question, I think, is the extent to which walking away from the property and the mortgage saves the landlord money. The forecloser is often not set up to be a landlord, would have to hire managers for the property and so on. Not enough of a R.E. law or business person to really address the question...
ProfWombat | 12.01.07 - 1:16 pm
This is why my place of work didn't want to get into being a landlord.
We're the biggest employer in the neighborhood, and have been working with various agencies to improve the neighborhood, including helping tear down abandoned buildings.
We want to help with downpayments, grants for repairs, etc, but not with being a landlord.
Except so many requests came in from people who still didn't qualify for down payment help they're now looking at having the new houses as rent-to-own.
More like blaming Hillary Clinton for Iraq or Biden/DiFi/Schumer for the current disaster. If you author a system that increases the political and financial power of financiers and sharks, then you at least bear some responsibility when they press their advantage.
But you are right: I should not have failed to mention that Reagan was the big looter of the system.
rootless-e
I don't mention Carter at all when discussing S&L failure, because it's a red herring.
The policy passed under Carter recognized the very real problems S&Ls were facing at the time - there really was speculation that the breed would become extinct in short order because it was restricted from competition on virtually every front. Clearly something had to be done or S&Ls would cease to exist.
It's an awful long way from what Carter did to the ghost office parks of Dallas in the late 80s. Had Carter's original provisions been allowed to remain unaltered, the aforementioned ghost towns would never have existed, and ultimately they are what brought down most of the S&Ls. But beyond that, Carter wasn't in office to tweak the law had his original provisions been observed in action and found wanting in specific ways. We'll never really know, because the Reagan administration wasted no time in molesting the original intent of the legislation.
Which is why for all practical purposes, I don't think it's so much "even handed" to bother noting that the original legislation passed under Carter as it is a dishonest portrayal of shared blame, whether that dishonest is unintentional or not.
This woman has more than rent to worry about. Great-great-grandmother at . . .67./ And, with four generations of people under her, she says she has no place to stay.
Daaayum.
Remember how evangelicals have significantly more credit card debt than the rest of us, because they believe they won't have to pay it off when the rapture comes.
The "Journey of Man" is on MPT now. It's about the genetic relationship of the entire population to a group of people that left Africa about 50,000 years ago. When the host was talking to an Australian aborigine about the where his ancestors came from, the latter got really angry as the aboriginal stories said they had always been there.
I was reminded of the fundies and their beliefs.
since mortgage payers probably always will, in the interst of equal protection, so should renters...
If we went through a real simplification of the taxcode, we could do it. Sadly, I don't get any deduction these days, but that's only because I don't pay taxes...
I don't think anybody should get any fucking tax breaks for what they pay for housing.
Say what?
Playing the part of the troll today who will tell us that renters have no one to blame but themselves, will be....
Rmj, Friend-O
I'm going to give this another shot.
The only thing more stupid than believing your realtor is believing your landlord..
I don't think anybody should get any fucking tax breaks for what they pay for housing.
Say what?
I don't think anybody should get any fucking tax breaks for what they pay for housing.
Thread flashback: We were just wondering about Ruddeee using NYC cops as dogwalkers and chauffeurs for mistress Juddeee...
Wasn't this exactly the same crap that they nailed Hevesi on? And that was after he allegedly repaid most of the money!
We guess it pays to have some friends with broken noses in low and shady places.
I don't think anybody should get any fucking tax breaks for what they pay for housing.
THink things are bad now? That would really fuck things up. I was smart enough to get a 30 year mortgage, but if they took my tax break away, I'd have to sell. As would millions of other people. You do this now, buh-bye economy for 50 years.
Thanks, Dumbya, for tossing poor widows and orphans out into the snow.
You are the worst president since Hoover and his boyfriend.
those of us who sat back, didn't go materialistic-crazy, saved and watched the market go BOOM....it's gonna be a buyer's market for us...sorry to say it, but that fake rising tide did NOT lift all boats
The only thing more stupid than believing your realtor is believing your landlord..
bcf
Yeah. caveat emptor is written down everywhere.
The only thing stupider than making the wrong choices is so contriving your life, which, of course, is solely an actualization of your will on a pliant world, full of abundance and possibility, and a reflection of your virtue and ability, so as to have no options, none at all, other than to, say, find a place to live by transacting with people whose financial interests do not necessarily coincide with your own.
wow...just saw the latest rudy had cops walk the dog stuff.
this might just open the floodgates of more muck.
will this do him in?
The only thing stupider than making the wrong choices is so contriving your life, which, of course, is solely an actualization of your will on a pliant world, full of abundance and possibility, and a reflection of your virtue and ability, so as to have no options, none at all, other than to, say, find a place to live by transacting with people whose financial interests do not necessarily coincide with your own.
ProfWombat
Or you could just live in a van down by the river.
The only thing more stupid than believing your realtor is believing your landlord..
bcf
One of our landlords in our rental days bought the house using someone else's VA benefits to get a cheap mortgage. He put that person's name on the mailbox and told us if the VA came to the door we should say the name on the mailbox was ours.
The policy passed under Carter recognized the very real problems S&Ls were facing at the time - there really was speculation that the breed would become extinct in short order because it was restricted from competition on virtually every front.
Thanks for posting that. That was the reason the S&L's needed to be deregulated that I remember upon reading the above.
THink things are bad now? That would really fuck things up. I was smart enough to get a 30 year mortgage, but if they took my tax break away, I'd have to sell. As would millions of other people. You do this now, buh-bye economy for 50 years.
Think I suggested it happened overnight? I understand the implications in the short-term, but like all social overhaul, it's something that really needs to be done as part of a retooling of the entire tax system to make it more equitable. That includes counting all income, even stuff that comes from investments and shit, as taxable. Take away breaks for people buying Hummers. Raise the rates on the filthy rich. Etc.
I don't think anybody should get any fucking tax breaks for what they pay for housing.
THink things are bad now? That would really fuck things up. I was smart enough to get a 30 year mortgage, but if they took my tax break away, I'd have to sell. As would millions of other people. You do this now, buh-bye economy for 50 years.
Paul in SF | 12.01.07 - 1:26 pm | #
My landlords have owned this building(five apartment brownstone) since 1952, when they bought it for about $40,000.
I pay over $24,000 a year in rent, and get NO tax breaks.
And my rent is considered low for where I live ... a comparable apartment in Manhattan would be closer to $42,000 a year in rent.
So I have sympathy for owners, but only to a point.
California's Renter's Credit:
http://www.ftb.ca.gov/individual...q/ivr/
203.shtml
(Admittedly, it only cover low-income renters, but it's there. Spouse #2 got it before we were married.)
Gail Collins, a fan of whom I'm not particularly, does a lovely dissection of Rudolhp Giuliani today:
The Giuliani presidential campaign is based on the idea that he understands that the world is a dangerous place and knows the steps that need to be taken to protect us. But his real conviction has always seemed to be that the world was a dangerous place for him. After American embassies were bombed in East Africa, his administration responded by blocking off the driveways to City Hall, barring protesters and politicians from their traditional press conference site on the building steps, and banishing tourists. Meanwhile, behind the barricades, the mayor was planning to put the city’s emergency command center inside the best-known terrorist target in America.
Does this sound like a good plan, people? Do you want the next president putting a nuclear missile at Camp David while he moves the Situation Room to the Louisiana flood plain?
http://www.nytimes.com/2007/12/0...&hp&
oref=slogin
Yeah. caveat emptor is written down everywhere.
Nuts!
You got that right, blood..
Or you could just live in a van down by the river.
heh...
I am reminded of Neil's old tune that was one of the staples of all the teen garage bands of the early 70's.
will this do him in?
jdw
yes. and it's almost too bad - he was an easy mark as the repuck candidate - it's gonna' be mckane
will this do him in?
jdw | 12.01.07 - 1:28 pm | #
Yup. It's gonna snowball from here.
Huckabee must be licking his chops.
will this do him in?
jdw | 12.01.07 - 1:28 pm | #
Well, it would in any civilized country. Here, we're not so sure.
I don't think anybody should get any fucking tax breaks for what they pay for housing.
NTodd, Econazi | Homepage | 12.01.07 - 1:25 pm | #
Do you have a position on tax breaks for what people pay for fucking?
~
it's something that really needs to be done as part of a retooling of the entire tax system
I'm with you on the need for the gummint to fucking clean house on taxation policy.
The US Tax Code has gotten so complex, that it's tough to find two career tax attorneys to agree on what the shit means, anymore.
"yes. and it's almost too bad - he was an easy mark as the repuck candidate - it's gonna' be mckane"
dunno. mccain ain't got no cash. i've been hoping romney because the fundies will stay at home, and because i think huckster is very dangerous.
From below, Gomez: "It had nothing to do about his race, background or anything like that.
I have yet to hear an apology from anyone in the media."
you been listening to Rome this week?
Gomez
will this do him in?
jdw | 12.01.07 - 1:28 pm | #
I will not jinx it by saying the word "popco..."
ZOMG...SNOW!1!!1!
/bloghuer
Huckabee must be licking his chops.
Brooklyn Girl, no longer sane | 12.01.07 - 1:32 pm | #
There's an image I'm not sure I needed etched into my memory...
I find Giuliani the most appalling of the appalling Republican candidates, an outright fascist waiting, with the absolute approval of those who like him that way, to destroy much of what's decent about this country. My only comfort, on contemplating his candidacy, has always been that he's an opposition researcher's dream...
The policy passed under Carter recognized the very real problems S&Ls were facing at the time - there really was speculation that the breed would become extinct in short order because it was restricted from competition on virtually every front.
That was certainly the rationale, but even at the time many people argued that Carter was laying the groundwork for what did happen later.
See for exampe, Robert Kuttner's analysis:
A secondary set of villains consists of liberals who, especially during the Carter Administration, embraced the cause of deregulation: people like Senator Edward M. Kennedy, Ralph Nader, Alain Enthoven, Alfred Kahn, Charles Schultze and Arthur Okun. Because of these people's success in promoting the deregulation of airlines, banking and other fields, Mr. Kuttner says, ''by the time Ronald Reagan took office in January 1981, much of the Reagan crusade was pushing on an open door.''
http://www.nytimes.com/books/97/
....26lemannt.html
Or from the other side:
Thirty years ago, I was privileged to serve in another Republican administration under another far-sighted president who recognized the need for continuous reform. That president, Gerald Ford, ushered in the modern era of deregulation and I found myself at the Department of Transportation making the case for removing regulation from various modes of transportation - railroads, motor carriers, barge lines, passenger airlines, air freight and so on. What we started under President Ford came to fruition under President Carter to the great credit of both men.
http://www.cnponline.org/index.p...s=57&
article=38
The American dream was to own your own home, one you could afford on the decent wages your union got for you, a debt you looked forward to paying off by the time you retired. Tax breaks were meant to make that possible for many, many people.
We all have to sleep somewhere. Treating a house like an investment vehicle rather than your home, where you raise your family and make dinner and love to your spouse, destroyed all that.
Do you have a position on tax breaks for what people pay for fucking?
Yes. Missionary.
Well, it would in any civilized country. Here, we're not so sure.
Int'l. Jewish Conspiracy | 12.01.07 - 1:34 pm | #
Oh, please -- let the Republicans run the batshit insane fraud! Pretty please....
Where did I see this a.m.? that Tweety said we can't get all worked up about Rudi's billing records, 'cause Hillary has all kinds of billing records that we can't even tell why they're scandalous. But of course they are.
i think huckster is very dangerous.
yeah. did you read the jesus was For the death penalty thing. he said it directly before sending 3 people to die as governor?
it's something that really needs to be done as part of a retooling of the entire tax system
I'm with you on the need for the gummint to fucking clean house on taxation policy.
yeah, like not giving breaks to asshole companies based in dubai or teh caymans...
like not giving tax breaks to asshole companies who move their plants to india or china...
i see this corpocracy as thinking that the US is the 'green zone' where they live, they import the smart people who are educated at the expense of other countries, then setup manufacturing in the cheapest and dirtiest 3rd world shithole to make cheap crappy shit to sell to both americans and the rest of the world
"My only comfort, on contemplating his candidacy, has always been that he's an opposition researcher's dream..."
i agree he's a tyrant, and no one in the gop field has been acting like a bigger DICK then rudy. so, it'll be good to see him fall.
my guess is that he made a lot of enemies, like cops resentful for having to walk dogs, and up til now they've kept quiet. but it's looking like the floodgates might well open now...
Treating a house like an investment vehicle rather than your home, where you raise your family and make dinner and love to your spouse, destroyed all that.
Fucking condos.
Fucking folks that camped outside marketing offices to snatch up a room in some gaudy multiple-story development or some faux-old-timey "whispering rivers" bullshit cul-de-sac...
Oh, and skyways.
" 'cause Hillary has all kinds of billing records that we can't even tell why they're scandalous. But of course they are."
yeah, he said the same thing yesterday...like they were equal.
he's an asshole.
That was certainly the rationale, but even at the time many people argued that Carter was laying the groundwork for what did happen later.
Neither of the articles you linked to were "at the time".
Hindsight is 20-20.
Since you blame Democrats for all the problems we're having now, I'm sure you also credit the fiscal success of Clinton's administration to Reegun.
my guess is that he made a lot of enemies, like cops resentful for having to walk dogs, and up til now they've kept quiet. but it's looking like the floodgates might well open now...
jdw | 12.01.07 - 1:40 pm | #
Ha! If the floodgates really opened, you wouldn't be able to stay above the water level. His real enemies, btw, aren't NYPD but NYFD, who never forgave him for building his post-mayoral career on top of the crushed bodies of their fallen buddies.
Fucking condos.
in my town, you can buy a starter 2 bedroom condo for < $70k, a single-family for $100k...i dunno, how kansas got so esspensive, but this correction is about due
ZOMG...SNOW!1!!1!
/bloghuer
Zap Rowsdower
Aw....pretty!
And I'm glad I'm in SoCal.
During the Republican debate, some Gomer asked the candidates for their opinion of the National Sales Tax initiative, or, as the questioner put it "The Fair Tax".
And the questioner was correct, only because every American makes exactly the same amount of money each year. If that were not the case, the questioner would surely recognize that a national sales tax would be hideously unfair.
Well, I thought Reagan should have been written off for making "jokes" about bombing the Soviet Union, and we know how that turned out. So I won't hazard a guess on what disqualifies people with the self-obsessed media and the batshit insane Rethug voters.
We all have to sleep somewhere. Treating a house like an investment vehicle rather than your home, where you raise your family and make dinner and love to your spouse, destroyed all that.
noblejoanie
Speaking for myself, my house is my home. I love my house. It's not fancy but I was fortunate enough to be able to redo to my own specifications, and at least once a day I catch myself thinking, "I love this house." It's also supposedly worth 4 times what I paid for it in 93, and 2 times what I have in it for purchase and remodel, but that's always been beside the point for me because I'm not going anywhere.
Since you blame Democrats for all the problems we're having now, I'm sure you also credit the fiscal success of Clinton's administration to Reegun.
billy b - think about it | Homepage | 12.01.07 - 1:42 pm | #
No. I credit conservative Democrats for helping to enable wacko republicans. Bert Lance's economic policies, Garn/St. Germain's utter loot bill (St. Germain was Democrat Rhode Island) ...
Well, I thought Reagan should have been written off for making "jokes" about bombing the Soviet Union, and we know how that turned out. So I won't hazard a guess on what disqualifies people with the self-obsessed media and the batshit insane Rethug voters.
sister of ye
I agree with Bill Maher when he talks about the Repugs' sick obsessions with Saint Ronald Of The Monster Deficit.
Flying into the airport they named for him:
"I'm COMING into REAGAN!!!!!"
And I'm glad I'm in SoCal.
/shakes fist at Diane
Oh wait...we don't have rampaging fires here!
in my town, you can buy a starter 2 bedroom condo for < $70k, a single-family for $100k...i dunno, how kansas got so esspensive, but this correction is about due
We just paid roughly 165k for our place. According to Zillow, it's still less than the median value for this neighborhood (roughly 180). Kinda baffling, since almost half the houses in this neck of St. Paul are rentals...
did you read the jesus was For the death penalty thing.
Yeah, JC was pro-crucifixion. That bit him on the ass but good later!
Rahm's got to go!
http://www.crooksandliars.com/20...oney-for-0h-05/
There’s been a bit of a struggle going on at the DCCC because many members want to help finance Robin Weirauch’s run in the special election on December 11th, but Rahm Emanuel is stubbornly opposed to opening up the wallet to help a grass roots progressive pick up a very winnable seat.
We just paid roughly 165k for our place. According to Zillow, it's still less than the median value for this neighborhood (roughly 180). Kinda baffling, since almost half the houses in this neck of St. Paul are rentals...
Zap Rowsdower
But you and Zapette did your homework and went about the whole process as adults. Unfortunately, too many people didn't take the same route you did.
did you read the jesus was For the death penalty thing.
Well, there was that whole "kill your neighbor" thing.
Tried to register for Firedoglake's new exclusive commenting club--got the email, clicked the link, got error message.
Having trouble getting into the log-in to doublecheck on whether it's working. IE saying it's waiting for firedoglake--just under half the green bars showing.
Is it me or is it Firedoglake? Or IE? Or Verizon messed something up when they "checked" what was wrong with my DSL speed?
Going out to cope with some leasves.
There's an image I'm not sure I needed etched into my memory...
steve simels | Homepage | 12.01.07 - 1:36 pm | #
Yeah, I realized it could be taken a couple of ways ... equally yucky ...
No. I credit conservative Democrats for helping to enable wacko republicans.
Good grief.
That's idiotically wrong on any level one wants to consider.
I feel the same, Jennifer.
My home's worth is the value I place on it, with one glaring exception--property tax. The market value drives that up high enough some folks can't afford to stay in their homes. So speaking of tax overhaul, we especially need to figure out a better way of financing our schools than through the property tax as we do here in WI. The single biggest item on our property taxes is school funding and it leads to incredible inequality among school districts.
GO BEAVERS!
Is it me or is it Firedoglake? Or IE? Or Verizon messed something up when they "checked" what was wrong with my DSL speed?
I'd vote for IE, I had to stop using it; but what I know about computers ain't a lot
That's idiotically wrong on any level one wants to consider.
billy b - think about it
Absolutely,
You can't look at taxation policy harming income.
You have to look at it harming wealth.
A billionaire paying $50 million in taxes, is an immensely easier task than somebody with no real assets paying $5 thousand in taxes.
No. I credit conservative Democrats for helping to enable wacko republicans.
Good grief.
That's idiotically wrong on any level one wants to consider.
billy b - think about it
It's a bit like crediting the guy who invented spray can accelerants for helping to enable Cheez Whiz and paint huffers.
Diane,
ACORN saved our life. Not that we were particularly naive about the process, but that organization must be commended for all of the work they do with first-time homeowners and the community at-large.
We met with tons of folks in the industry who showed us what not to look for in real estate agents, loan officers, titlers, etc. They were a gosh-send.
The evictee was a great-great grandmother, at 67. I cannot even figure out how that could happen. Gotta be a typo, more like 87?
I find Giuliani the most appalling of the appalling Republican candidates
ProfWombat
And they're all appalling in their own despicable way.
Popped into FDL before I came here. It took forever to load. Can't say I like they new look, but I guess I'll get used to it. I'm definitely not registering. I seldom left comments anyway, and as long as Watertiger and Attaturk still keep their original blogs I'll be fine.
The evictee was a great-great grandmother, at 67
She started real young, apparently.
Good grief.
That's idiotically wrong on any level one wants to consider.
billy b - think about it | Homepage | 12.01.07 - 1:51 pm | #
Here's an example of the process
http://www.crooksandliars.com/20...oney-for-0h-05/
During Clinton's administration: Jeb illegally purged the voter roles in Florida, Murdoch and Clearchannel consolidated media, and Rush went on AFR. The effects of DLC pro-finance/pro-consolidation economic policies and weak civil rights have been significant.
No use arguing with him, billy.
The Clintons are to blame for everything.
Mother at 16, grandmother at 32, geat-grandmother at 48, great-grandmother at 64, I guess.
Hope she's white; she clearly isn't betraying her race by letting those brown folk dilute our heritage...
It's a bit like crediting the guy who invented spray can accelerants for helping to enable Cheez Whiz and paint huffers.
Jennifer | 12.01.07 - 1:53 pm | #
I would give credit to the notion that there are some crappy Democrats out there. St. Germain was one back then, and Rahmbo is another right now.
P.S. Note that Republican Senator Jake Garn co-authored the bill. I'll bet Dave the Wanker Broder creamed his underoos over the bipartisanship.
P.P.S. The bill, whose full title was "An Act to revitalize the housing industry by strengthening the financial stability of home mortgage lending institutions and ensuring the availability of home mortgage loans," was a Reagan Administration initiative.[2]
~
Well, it's almost 11 AM here, so I guess I'd better get showered and dressed for the day.
I'll be back later, maybe with a quiz on The Next Pearl Harbor (yes, the Neocons are still hanging around).
You know, pointing out Dems' responsibility in the mess we're in doesn't absolve the Rethugs of their greater harm. It does point to the fact that we need to oust the type of Dems who are naive or willing dupes for the Rethugs' screw-the-people agenda.
You know,
The Telecommunications Act of '96 was so fucking stupid. And that's a Scarlet Letter that I'll pin to Big Dog's legacy (along with "welfare reform").
Other than that, we can't forget Newt and the Gang shoving that shit down our throats.
Bizarre. So the consensus here is that you'd rather have an absentee-style landlord with a property manager and a big portfolio? You think big operations are actually less likely to go under than a small, family-owned property? Where do you people live, anyway?
"I find Giuliani the most appalling of the appalling Republican candidates...."
Agreed, Prof Wombat. Someone needs to explain the bill of rights to him - especially the 2nd amendment.
His other stances probably appeal to many on the left, especially his love of the ACLU, which wants to scratch out "In God We Trust" from our currency, ban the pledge of allegiance and bar marines from praying on federal property.
No, he ain't from your father's republican party, that's for sure.
So the consensus here is that you'd rather have an absentee-style landlord with a property manager and a big portfolio? You think big operations are actually less likely to go under than a small, family-owned property? Where do you people live, anyway?
You think that there's 'consensus' here?
Shorter Texaschilibean:
Rudy ain't fascist enough fer me.
Rudy's done. Over.
It's Hucksterbee v Obama in '08
You can't look at taxation policy harming income.
You have to look at it harming wealth.
A billionaire paying $50 million in taxes, is an immensely easier task than somebody with no real assets paying $5 thousand in taxes.
MP | 12.01.07 - 1:53 pm | #
Yeah, it's what you get to keep after paying your taxes that counts.
i'll never forget Leona Helmsley sobbing into the camera about paying $44 million in taxes on one year's income ... even if she paid 33% after her deductions (which I'm sure she didn't), she still kept $88 million. Somehow, I think that's more than enough to live on ...
"In God we trust" is a fairly recent addition to our money historically. It should be absolutely appalling to any sincerely religious person.
I've always liked the slogan: "In God we trust. All others pay cash."
It's Hucksterbee v Obama in '08
EvilKBacon
Obama has NO shot at being nominated.
It's Hucksterbee v Obama in '08
EvilKBacon | 12.01.07 - 2:03 pm | #
No, Obama is done, too. It's Huckabee v Clinton.
I had the oddest renter experience. I rented from a very nice woman and it was fine, but suddenly she got a little bit mentally ill and blamed me for installing a brand new heating system without telling her. Of course I had installed nothing like that. Why would I have done it?
Anyway, she kicked me out.
No, Obama is done, too. It's Huckabee v Clinton.
Brooklyn Girl, no longer sane
Here's hoping it's Edwards.
Rudy's done. Over.
No, he's not.
Mr. and Mrs. "Is that Hills Bros. coffee?" don't read blogs. They, as Bonnie Tyler begged, want a "hero". And they think the biggest pig in the world fits that mold.
JulieAnnie is toast.
Here's hoping it's Edwards.
Terry C - Democratic Bitch | Homepage | 12.01.07 - 2:05 pm | #
Don't see it. Can't get the media traction.
'Under God' was added to the Pladge of Allegiance in the 1950s. The Republic, and Godliness, seem to me to have done tolerably well in the years before its addition, and would survive its removal. I'd like it out, but there are more pressing concerns.
The ACLU's raison d'etre is the preservation and defense of the Bill of Rights, the first ten amendments to the Constitution, the law of the land, and the polity's best and most basic defense against unwarranted state power. Only the 14th amendment approaches their importance. In a just world, ACLU membership would be a political requirement, rather than a liability, for a presdiential candidate.
Shorter Texaschilibean:
Even shorter:
Comment by Texaschilibean blocked.
man, at this point, i wish my landlords *would* get foreclosed upon. it would be the only way to get out of the stupid multi-year lease i stupidly signed.
Today's the first day of The 12 Days of Nancy Pelosi. Have you sent your present today?
I had the oddest renter experience. I rented from a very nice woman and it was fine, but suddenly she got a little bit mentally ill and blamed me for installing a brand new heating system without telling her. Of course I had installed nothing like that. Why would I have done it?
Anyway, she kicked me out.
Echidne | Homepage | 12.01.07 - 2:04 pm | #
if you had a lease, you probably could have taken her to court, although it might not have been worth it.
Another edition of "God on a Coffee Break
.
Where do you people live, anyway?
In my own home. Where do you live? Oz, Strawman?
BG: Calvin Trillin used to talk about the Alice tax, named for a suggestion made by his beloved late wife that $10 million yearly is enough for anybody to live handsomely upon, and that income in excess of that amount should be taxed at 100%...
god damn Carlton Sheetsians
if you had a lease, you probably could have taken her to court, although it might not have been worth it.
I could have. But it wasn't worth it, really, and she was ill. She gave me a month to get out.
My brother misspoke:
Huckleberry v Edwards.
BG: Calvin Trillin used to talk about the Alice tax, named for a suggestion made by his beloved late wife that $10 million yearly is enough for anybody to live handsomely upon, and that income in excess of that amount should be taxed at 100%...
ProfWombat | 12.01.07 - 2:09 pm | #
Huey Long proposed that tax too.
Every Man A King!!
BG: Calvin Trillin used to talk about the Alice tax, named for a suggestion made by his beloved late wife that $10 million yearly is enough for anybody to live handsomely upon, and that income in excess of that amount should be taxed at 100%...
That's very close to the way it was in 1959.
FUCK!
I've gotta go shovel while the snow is still light.
If I manage to have a heart attack while I'm doing it, I have no regrets.
(Zap ain't in the greatest shape)
Later!
I'm all for a ridiculously high cap on all sources of income and capital, after which one has the privilege of donating excess funds back into the society from which he or she has benefitted.
huge fucking enourmous apartment blocks next to public transit RAWK. love it love it love it.
so what, i live in a concrete rectangle. my water is always hot and the trash is always taken out and the hallway is always clean.
50% marginal tax on income over 10 million and 30% tax on all capital gains over the first 100,000 per year.
so what, i live in a concrete rectangle. my water is always hot and the trash is always taken out and the hallway is always clean. euphronius
On the down side, they do nothing to stop you from turning 30.
On the down side, they do nothing to stop you from turning 30.
JeffCO | 12.01.07 - 2:16 pm | #
crai crai crai . . .
if i could just approach C, you all would get old and die and I would stay near the same age!
On the down side, they do nothing to stop you from turning 30.
JeffCO | 12.01.07 - 2:16 pm | #
Or 48, for that matter. With time (and grief counseling), I'll get over it.
~
'Under God' was added to the Pladge of Allegiance in the 1950s. The Republic, and Godliness, seem to me to have done tolerably well in the years before its addition, and would survive its removal. I'd like it out, but there are more pressing concerns.
I saw some old photos of pre-WWII school children. They gave what looked like a Nazi salute as they recited the Pledge.
Maybe the GOP would like to reestablish that as part of their movement.
http://www.abcnews.go.com/Politi...tory?
id=3938206
Emergency Responders Face Deep Aid Cuts
AP IMPACT: President Bush Seeks Dramatic Cuts in State and Local Homeland Security Grants
'The plan calls for outright elimination of programs for port security, transit security, and local emergency management operations in the next budget year. This is President Bush's last budget, and the new administration would have to live with the funding decisions between Jan. 20 and Sept. 30, 2009.'
Bush...apree moi deluge
My ideal would be a second-floor apartment in a multiuse building in a small downtown, easily walked or biked to bookstore, restaurant, pub with live music, food store, and a train station to a big city within an hour's ride, and easy access to a rented car for weekends...
I saw some old photos of pre-WWII school children. They gave what looked like a Nazi salute as they recited the Pledge.
Maybe the GOP would like to reestablish that as part of their movement.
Lime Rickey
Without question.
if i could just approach C, you all would get old and die and I would stay near the same age! euphronius
Not from where I'm standing.
And a nice range of restaurants
Lime Rickey: all salutes are, when looked at properly, Nazi salutes. They signify obedience to authority, usually the blinder the better. Civilians in a democracy should never salute. If they want to show respect, there are other ways.
On the down side, they do nothing to stop you from turning 30.
well, they DO implant those weird glowing jewels on your palm when you sign your lease...
My ideal would be a massive space station called The Fortress of Solitude.
Bush: Le shite, c'est moi...
http://www.nytimes.com/2007/12/0...&hp&
oref=slogin
WASHINGTON, Nov. 30 — Congressional negotiators reached a deal late Friday on energy legislation that would force American automakers to improve the fuel efficiency of their cars and light trucks by 40 percent by 2020.
The proposal, which would require automakers to achieve 35 miles per gallon on average, is similar to a measure that was passed in the summer by the Senate but was bitterly opposed by the auto companies, who argued they did not have the technology or the financial resources to reach that goal.
The auto companies gave up their long-held opposition to fuel- economy increases not long before the Senate version was passed, but proposed a much weaker alternative. In recent weeks, the chief executives of General Motors, the Ford Motor Company and Chrysler visited Capitol Hill in an effort to fend off a stronger measure, but the compromise announced Friday showed those efforts had little effect.
-----
Given that fuel prices will almost certainly continue to spiral upward, I suspect that congress is saving the US car industry from itself on this one.
how bad is breaking a multi-year lease, out of curiosity?
NTodd: so Burlington in winter isn't like that enough for you?
well, they DO implant those weird glowing jewels on your palm when you sign your lease...
Enter the carousel!
Civilians in a democracy should never salute. If they want to show respect, there are other ways.
I like to leave a small dead rodent in front of the door.
kidlacan: show it to a lawyer, who'll be able to figure out from what's written what the downside is...
NTodd: so Burlington in winter isn't like that enough for you?
It's a decent enough simulacrum, I guess.
My ideal would be a second-floor apartment in a multiuse building in a small downtown, easily walked or biked to bookstore, restaurant, pub with live music, food store, and a train station to a big city within an hour's ride, and easy access to a rented car for weekends...
ProfWombat | 12.01.07 - 2:18 pm | #
That describes where I live exactly, except I can walk to the bookstores, restaurants, pubs, movie theaters, shops, rental car, and the big city. I also order my groceries online and get them delivered to my apartment.
And I saw a woodpecker in the tree right outside my living room window yesterday. A lttle black and white woodpecker with a red head. In Brooklyn.
Yes, living here is expensive, but there are major payoffs.
Lime Rickey: all salutes are, when looked at properly, Nazi salutes. They signify obedience to authority, usually the blinder the better. Civilians in a democracy should never salute. If they want to show respect, there are other ways.
I used to go to monthly volunteer fire department meetings. The use of salutes and reciting of the pledge of allegiance reminded me of how I hated elementary school shit. I respect the constitution, but the idea of forcing me to swear allegiance to the country is repugnant.
FYI:
John Derbyshire claims the moon in the name of White Civilization.
No use arguing with him, billy.
The Clintons are to blame for everything.
Terry C
And he's here to keep people like me honest cause I'm too stupid to know who to vote for or against.
"President Bush Seeks Dramatic Cuts in State and Local Homeland Security Grants"
If you ever wanted proof that the "war on terror" is a complete sham, there it is.
The Democrats should watch these clowns very carefuly. Poppy Bush left some rancid stinkers that Bill had to deal with and Monkeyboy's minions have almost a year to insure some time-delayed havoc.
how bad is breaking a multi-year lease, out of curiosity?
kidlacan
Start burning garlic in your frying pan.
professor: how does one find such a lawyer, and how much might one expect a consult to cost?
Civilians in a democracy should never salute. If they want to show respect, there are other ways.
like clicking your heels and bowing, while saying "Ja, wohl"
Hi everyone.
Has anyone noticed how Fox News spent all day yesterday portraying some 44-year old guy named Troy Stanley as a violent crackpot who would take hostages at Hillary's campaign office, and then when it was all said and done it was some elderly dude name Lee Eisenberg?
How does this happen? Who is Troy Stanley? Have we been fed a bill of goods?
LR: well, if the landlord would fix my stove, i could try...
John Derbyshire claims the moon in the name of White Civilization. Phila
Did someone tell him it is populated by young girls?
spinoza: there were times when it seemed to me that the whole purpose of elementary school was to discourage individual thinking. Drove me crazy. Learned to daydream.
Jonathan Kozol was all over this...
No use arguing with him, billy.
The Clintons are to blame for everything.
Terry C
And he's here to keep people like me honest cause I'm too stupid to know who to vote for or against.
ql ? | Homepage | 12.01.07 - 2:24 pm | #
Totally weird and out of scale defensive reactions. I guess it is not permitted to mention Hillary's support for AUMF, negative effects of NAFTA, or .... Good think Ted Strickland never posts here.
You want to encourage individual thinking but yet if anyone disagrees with you they are a troll. Ironic.
Civilians in a democracy should never salute. If they want to show respect, there are other ways.
A real sharp, snap off salute, at the right time, works wonders in the office.
kid: the Bar Association where you live can probably refer you to someone with an interest in lanlord-tenant stuff. Figure an hour will cost you a hundred or two. There may be a clinic in a law school where, for a little less of an immediate answer, but a reliable one nonetheless, you can go for less money.
My guess is you've got hundreds, if not thousands, at stake in a multiyear lease you want to break, so it works out to be worth it most times.
Given that fuel prices will almost certainly continue to spiral upward, I suspect that congress is saving the US car industry from itself on this one.
Richard |
Means almost nothing if it doesn't include SUV's, which I bet it doesn't.
Who is Troy Stanley? Have we been fed a bill of goods?
He helped Hillary kill Vince Foster?
if you can find a replacement tenant, breaking a lease should not be a problem for a professional manager. i have done it twice.
also another thing about huge concrete buildings: THEY ARE QUIET
oh, the evils of the "safe" LLC trend
i hate newbie landlords. they suck ass. i had to sue a landlord once and have been sued by a landlord.
Jonathan Kozol was all over this...
Kozol is one of my favorite people. He is like the I.F. Stone of education.
That Fox would fumble the guy's name is why when a crisis hits everybody turns to CNN and the networks for news rather than Fox. Fox doesn't spend money on actual reporters.
I'd be obliged if anyone can find evidence that I've ever called anybody a troll. Misinformed, yes; willfully ignorant and unwilling to admit it, yes; other things. But, seems to me, I try to keep discussion going when I'm not called names myself, and try to remain civil about it to the best of my limited ability.
He helped Hillary kill Vince Foster?
I'm just wondering how Fox News could spend the whole day getting the story so wrong and no one has said a peep about it -- including "Troy Stanley."
if you break a lease, technically the landlord must make reasonable efforts to limit his damages which means he must TRY to find a replacement tenent. but thats all very sketchy.
"A real sharp, snap off salute, at the right time, works wonders on my wife."
fyt.
Means almost nothing if it doesn't include SUV's, which I bet it doesn't.
I think that out of control gas prices would eventually take care of the SUVs.
the problem is that i've got amateur landlords who rent out this place as part of their retirement income. they know just enough about the law to be total, complete dicks about basically everything. and with real estate currently being what it is, i'm not optimistic about finding other tenants; a place on the same block, a bit nicer than mine and with slightly cheaper rent, has been vacant for about three months now. rents have dropped considerably since we got this place in May.
KBacon has a smart brother
and my little girl says
WHEEEEEEEEEEEEEEEEEEEE
snowwwwwwwwwwwwwwwwwwwww
(a few light sprinkles but what the hell)
That Fox would fumble the guy's name
That's Chimpy's deal. Can you imagine FDR at Yalta pulling that shit?
"Hey Churchy, let's move over here, so they can see us shaking hand with Uncle Joe!"
We have a lot of remedial work to do after that ass leaves office.
So...I just flew in from Latvia on a refurbished Aereon 26, after auditing a class on fracture mechanics at Rīgas Celtniecības Koledža.
What'd I miss?
You want to encourage individual thinking but yet if anyone disagrees with you they are a troll. Ironic.
No, people who troll are trolls. We have lots of disagreements here. Go take some Geritol.
the problem is that i've got amateur landlords who rent out this place as part of their retirement income. they know just enough about the law to be total, complete dicks about basically everything.[...]
kidlacan | 12.01.07 - 2:34 pm | #
Two can play at that game,and it sounds like you need to.
I think that out of control gas prices would eventually take care of the SUVs.
Richard
It's funny, because we all thought this back in the seventies. For years, we always bought compact, fuel efficient cars. Now, for the first time we have what we consider a monster car, a Forester, and it is totally dwarfed in parking lots.
back in a few
sheets, incidentally.
it's really not that hard to file a complaint at the county courthouse. and when you do, the landlords will bend over backward to help you get it resolved quickly...that's if you live in a "civil" county....i was lucking...gwinnett county, ga
No, people who troll are trolls. We have lots of disagreements here. Go take some Geritol.
What? Weren't you two going to get married and live in her submarine?
that ship has sailed, thank God.
No, people who troll are trolls. We have lots of disagreements here.
The only people in several years of reading here I have ever seen fret and fuss over suggestions that they were trolling eventually revealed that they were, in fact, trolling.
Well, maybe not JR.
well, you guys sing the same tune so well, you'd make a fine choir.
Oh, no - the psycho-bitch is back, I see.
It is insane for the mortgage holder taking possession in a foreclosure to kick out a tenant The problem here is that the .holder might be a German bank or China's central bank. They don't even know the occupant is a renter. They have no way to collect the rent nor a way to manage the property ,besides hiring a real estate agent.
As a point of law right now there is now some question about who actually owns properties whose mortgages were bundled and securitized. Last week a German bank who was asserting ownership of 14 homes in the Cleveland area was asked by a judge to offer proof of ownership, They didn't have any.
This precedent will soon be overturned however you can be sure. The courts will find for whatever the financial industry says in the end. When they say some obscure piece of paper, one of many portions or tranches of a securitized mortgage, assigning 'ownership' of the property proves ownership then that is what it will be.
The latest bailout proposal, freezing rates on ARM's for distressed borrowers, is similarly impossible to manage. The entire plan, like the first one, the SIV pool, is a sham. A hair brained plan to boost confidence and allow the biggest players to offload the crap on their own books. All of which has zero to do with helping borrowers. Most borrowers in trouble from loans taken the last three years will be better off handing in the keys. Bankruptsy is far better than a lifetime of debt slavery.
Note, too, that most of the amateur landlords were lying to the banks -- these easy loans were only available if you promised that it would be your primary residence.
The buyer at foreclosure would be required to honor the terms of a legally valid lease. I do property tax foreclosures in Texas and that's the way it works under most circumstances.
I want to understand the part where she says that she ignored all the warning letters. WHO told her to ignore the eviction letters?
Jennifer wrote, It always looked to me like we were giving a reward to people just because they happened to make enough money, or have wealthy enough relatives, that they could afford the downpayment.
Oh, it's much worse than that.
Landowning as we know it is the chief economic ill affecting our society (well, most of the world, actually); it results in an extremely large fraction of GDP (10--20%) being shoveled into people's pockets for doing nothing.
The business about Big Guvmint taking money from the rich and "redistributing it" to the poor has it backwards. Guvmint takes wealth from the productive (labor, and capital as distinct from land) and shoves it into the pockets of landowners.
Google on "Henry George".
So she only had 4 months notice? And we're supposed to feel bad fo her? The only problem here is she decided to ignore what the Sheriff was telling her.
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Commenting by HaloScan
