<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Weekend Open Discussion</title>
	<atom:link href="http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/feed/" rel="self" type="application/rss+xml" />
	<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/</link>
	<description>Real Estate, Economics, and Politics</description>
	<lastBuildDate>Thu, 09 Feb 2012 05:47:16 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0</generator>
	<item>
		<title>By: Tim</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171868</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Sat, 29 Mar 2008 14:37:07 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171868</guid>
		<description>Sorry for change of subject.
 But does this bother anybody. Or is it just me?  Not my quote but researched and found it was true. God help us.

OBAMA TIES TO HAMAS TERROR

The Jewish Telegraphic Agency today reports that the Reverend Jeremiah Wright, Jr., long-time pastor of Barak Obama, published an op-ed piece signed by a Hamas leader. The item appeared in the July 22, 2007 edition of his Trinity United Church newspaper on the &quot;Pastor&#039;&#039;&#039;&#039;s Page.&quot; The op-ed piece justifies attacks on Israeli civilians, and carries a supporting introduction by Mr. Wright.

Barak Obama issued a statement strongly condemning these views of his pastor. &quot;I certainly wasn’t in church when that outrageously wrong [Hamas] piece was re-printed in the bulletin,” Obama added. 


Obama is a long-time member of Trinity United, and his financial contributions to his church are reported to be substantial (&quot;All told, the [Obama] couple gave $27,500 to [Trinity United] in 2005 and 2006,&quot; according to the New York Times of March 26). His moral support to the church has been unwavering. As more and more and more details of the extremist political positions of the church are revealed, Obama&#039;&#039;&#039;&#039;s response has been to distance himself from these, but also to repeat, over and over, that he didn&#039;&#039;&#039;&#039;t know, that he wasn&#039;&#039;&#039;&#039;t there.

I find it very difficult to believe that an intelligent, energetic, and very political man like Obama is perpetually ignorant about what goes on in the church to which he devotes so many of his resources. If he does get to the White House, will he be in similar ignorance about the goings on of his administration ?</description>
		<content:encoded><![CDATA[<p>Sorry for change of subject.<br />
 But does this bother anybody. Or is it just me?  Not my quote but researched and found it was true. God help us.</p>
<p>OBAMA TIES TO HAMAS TERROR</p>
<p>The Jewish Telegraphic Agency today reports that the Reverend Jeremiah Wright, Jr., long-time pastor of Barak Obama, published an op-ed piece signed by a Hamas leader. The item appeared in the July 22, 2007 edition of his Trinity United Church newspaper on the &#8220;Pastor&#8221;&#8221;s Page.&#8221; The op-ed piece justifies attacks on Israeli civilians, and carries a supporting introduction by Mr. Wright.</p>
<p>Barak Obama issued a statement strongly condemning these views of his pastor. &#8220;I certainly wasn’t in church when that outrageously wrong [Hamas] piece was re-printed in the bulletin,” Obama added. </p>
<p>Obama is a long-time member of Trinity United, and his financial contributions to his church are reported to be substantial (&#8220;All told, the [Obama] couple gave $27,500 to [Trinity United] in 2005 and 2006,&#8221; according to the New York Times of March 26). His moral support to the church has been unwavering. As more and more and more details of the extremist political positions of the church are revealed, Obama&#8221;&#8221;s response has been to distance himself from these, but also to repeat, over and over, that he didn&#8221;&#8221;t know, that he wasn&#8221;&#8221;t there.</p>
<p>I find it very difficult to believe that an intelligent, energetic, and very political man like Obama is perpetually ignorant about what goes on in the church to which he devotes so many of his resources. If he does get to the White House, will he be in similar ignorance about the goings on of his administration ?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: mikeyboy</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171862</link>
		<dc:creator>mikeyboy</dc:creator>
		<pubDate>Sat, 29 Mar 2008 13:32:11 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171862</guid>
		<description>Please excuse all the typos :)</description>
		<content:encoded><![CDATA[<p>Please excuse all the typos :)</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: mikeyboy</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171860</link>
		<dc:creator>mikeyboy</dc:creator>
		<pubDate>Sat, 29 Mar 2008 13:30:31 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171860</guid>
		<description>398

Bullsh!!ters is what gives.

Nice life you live(d) and provide your family with JOhn.
Would love to be one of your kids.

What happens if you die tomorrow? Was living in the bronx with cockroaches and waiting to get mugged again worth it?


My wife and I are still saving. had nothing when we got married 5 years ago.  Now have $70k in cash, save about $2k month in cash for DP.
1 11 yr old son (who will mostly be on his own for college-good think he is VERY good student).

We do have cable, phones, 1 car payed off, 1 lease.

Last year bought a boat for cash to use as a family (and I enjoy fishing).

Cost me $400 month to maintain the boat for the year and you know what? I am still going to pay it because it is something the wife (and son) can do together on the weekends in the spring, summer and fall.

If it takes me another year or 2 to buy a house (we rent 2nd of 2 family now for $1300), then it takes us another 2 years.

We area live today and who knows if we will be in 10 years, so we do not have to live with bugs, get mugged leaving our house, stare at the walls at night, or dive into dumpsters on weekends to find our food.

We are still saving at a nice clip &amp; have no debt. Could we save more?  Absloutely, no doubt.

DO we enjoy living our lives today?  Yep and to me, that is worth saving a little less (obviously it is not at the expense of NO savings at all.</description>
		<content:encoded><![CDATA[<p>398</p>
<p>Bullsh!!ters is what gives.</p>
<p>Nice life you live(d) and provide your family with JOhn.<br />
Would love to be one of your kids.</p>
<p>What happens if you die tomorrow? Was living in the bronx with cockroaches and waiting to get mugged again worth it?</p>
<p>My wife and I are still saving. had nothing when we got married 5 years ago.  Now have $70k in cash, save about $2k month in cash for DP.<br />
1 11 yr old son (who will mostly be on his own for college-good think he is VERY good student).</p>
<p>We do have cable, phones, 1 car payed off, 1 lease.</p>
<p>Last year bought a boat for cash to use as a family (and I enjoy fishing).</p>
<p>Cost me $400 month to maintain the boat for the year and you know what? I am still going to pay it because it is something the wife (and son) can do together on the weekends in the spring, summer and fall.</p>
<p>If it takes me another year or 2 to buy a house (we rent 2nd of 2 family now for $1300), then it takes us another 2 years.</p>
<p>We area live today and who knows if we will be in 10 years, so we do not have to live with bugs, get mugged leaving our house, stare at the walls at night, or dive into dumpsters on weekends to find our food.</p>
<p>We are still saving at a nice clip &amp; have no debt. Could we save more?  Absloutely, no doubt.</p>
<p>DO we enjoy living our lives today?  Yep and to me, that is worth saving a little less (obviously it is not at the expense of NO savings at all.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: still_looking</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171840</link>
		<dc:creator>still_looking</dc:creator>
		<pubDate>Sat, 29 Mar 2008 03:49:03 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171840</guid>
		<description>wow.  got cut off at the &quot;less than&quot; sign.

Resident&#039;s salary ie less than 40K/yr.

Grateful to be debt free for sure!

sl</description>
		<content:encoded><![CDATA[<p>wow.  got cut off at the &#8220;less than&#8221; sign.</p>
<p>Resident&#8217;s salary ie less than 40K/yr.</p>
<p>Grateful to be debt free for sure!</p>
<p>sl</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: still_looking</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171839</link>
		<dc:creator>still_looking</dc:creator>
		<pubDate>Sat, 29 Mar 2008 03:46:50 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171839</guid>
		<description>hillsdale house looks like Andy Warhol painted it. (it that a rat on the kitchen floor?)

all hype, going to Ag Field Day??  you and G for dinner next weekend?

clot, getting impaled is serious...no joking now... hmmph. ;-)  the establishment frowns on bleeding in public!

nom, thanks for the clarification.  Wish I knew more...

grim, when/where IS the next GTG, I gotta request the day off??

good grief!  Venture off for a few hrs and come back to over 400 posts... sheesh.

Finally.  Living cheaply is an art.  I had over 85K of student loans to pay off.  Lived in a $750/mo 1 BR apt scrimped and saved til it was gone.  Most of that saving was done on a resident&#039;s salary </description>
		<content:encoded><![CDATA[<p>hillsdale house looks like Andy Warhol painted it. (it that a rat on the kitchen floor?)</p>
<p>all hype, going to Ag Field Day??  you and G for dinner next weekend?</p>
<p>clot, getting impaled is serious&#8230;no joking now&#8230; hmmph. ;-)  the establishment frowns on bleeding in public!</p>
<p>nom, thanks for the clarification.  Wish I knew more&#8230;</p>
<p>grim, when/where IS the next GTG, I gotta request the day off??</p>
<p>good grief!  Venture off for a few hrs and come back to over 400 posts&#8230; sheesh.</p>
<p>Finally.  Living cheaply is an art.  I had over 85K of student loans to pay off.  Lived in a $750/mo 1 BR apt scrimped and saved til it was gone.  Most of that saving was done on a resident&#8217;s salary</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: bruiser</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171838</link>
		<dc:creator>bruiser</dc:creator>
		<pubDate>Sat, 29 Mar 2008 03:09:53 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171838</guid>
		<description>The entire 2nd shift network ops staff is laughing hysterically over that Hillsdale house. It looks 10x worse up on the 50 inch lcd&#039;s at the front of the room, but 20x as funny.</description>
		<content:encoded><![CDATA[<p>The entire 2nd shift network ops staff is laughing hysterically over that Hillsdale house. It looks 10x worse up on the 50 inch lcd&#8217;s at the front of the room, but 20x as funny.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Pat</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171837</link>
		<dc:creator>Pat</dc:creator>
		<pubDate>Sat, 29 Mar 2008 03:00:34 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171837</guid>
		<description>http://www.reuters.com/article/ousiv/idUSN2829988520080329?pageNumber=1&amp;virtualBrandChannel=0

&quot;Many of these companies knew or should have known that housing prices don&#039;t just go up and up and up forever,&quot; said Larry Rittenberg, an accounting professor at the University of Wisconsin-Madison. &quot;The companies did not have any financial controls in place to systematically test the values of these securities.&quot;  

--

Larry, you sound really familiar.</description>
		<content:encoded><![CDATA[<p><a href="http://www.reuters.com/article/ousiv/idUSN2829988520080329?pageNumber=1&amp;virtualBrandChannel=0" rel="nofollow">http://www.reuters.com/article/ousiv/idUSN2829988520080329?pageNumber=1&amp;virtualBrandChannel=0</a></p>
<p>&#8220;Many of these companies knew or should have known that housing prices don&#8217;t just go up and up and up forever,&#8221; said Larry Rittenberg, an accounting professor at the University of Wisconsin-Madison. &#8220;The companies did not have any financial controls in place to systematically test the values of these securities.&#8221;  </p>
<p>&#8211;</p>
<p>Larry, you sound really familiar.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171836</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Sat, 29 Mar 2008 02:42:33 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171836</guid>
		<description>ChiFi (388)-

I still think the foreign water companies are the play here.  Suez and Veolia (SZEZY &amp; VE) are excellent plays.  There&#039;s also a waste treatment component, which I think is necessary in playing water investments.</description>
		<content:encoded><![CDATA[<p>ChiFi (388)-</p>
<p>I still think the foreign water companies are the play here.  Suez and Veolia (SZEZY &amp; VE) are excellent plays.  There&#8217;s also a waste treatment component, which I think is necessary in playing water investments.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: bairen</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171835</link>
		<dc:creator>bairen</dc:creator>
		<pubDate>Sat, 29 Mar 2008 02:42:06 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171835</guid>
		<description>#395 Buffet and Volker is a great combo.


I once farted on Rubin.  I cut the cheese in front of an elevator at a NY office.  As I walked away the elevator opens and out walks Rubin right dead center.  Bullseye!!</description>
		<content:encoded><![CDATA[<p>#395 Buffet and Volker is a great combo.</p>
<p>I once farted on Rubin.  I cut the cheese in front of an elevator at a NY office.  As I walked away the elevator opens and out walks Rubin right dead center.  Bullseye!!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Pat</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171834</link>
		<dc:creator>Pat</dc:creator>
		<pubDate>Sat, 29 Mar 2008 02:40:33 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171834</guid>
		<description>Clot, don&#039;t call end yet.

I just checked with Madame Poot.  She&#039;s being a bit ambivalent.

The first time I asked if this was the end of times, she said, &quot;Sure thing.&quot;

The second time I asked if this was it, she said, &quot;Nothing is impossible.&quot;

The third time was the charm:
&quot;Outlook not good... but it can still change...&quot;</description>
		<content:encoded><![CDATA[<p>Clot, don&#8217;t call end yet.</p>
<p>I just checked with Madame Poot.  She&#8217;s being a bit ambivalent.</p>
<p>The first time I asked if this was the end of times, she said, &#8220;Sure thing.&#8221;</p>
<p>The second time I asked if this was it, she said, &#8220;Nothing is impossible.&#8221;</p>
<p>The third time was the charm:<br />
&#8220;Outlook not good&#8230; but it can still change&#8230;&#8221;</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: chicagofinance</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171833</link>
		<dc:creator>chicagofinance</dc:creator>
		<pubDate>Sat, 29 Mar 2008 02:37:43 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171833</guid>
		<description>more detail on auction rate writedowns...
http://www.bloomberg.com/apps/news?pid=20601213&amp;sid=adMWraq8li6c&amp;refer=home</description>
		<content:encoded><![CDATA[<p>more detail on auction rate writedowns&#8230;<br />
<a href="http://www.bloomberg.com/apps/news?pid=20601213&amp;sid=adMWraq8li6c&amp;refer=home" rel="nofollow">http://www.bloomberg.com/apps/news?pid=20601213&amp;sid=adMWraq8li6c&amp;refer=home</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Pat</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171832</link>
		<dc:creator>Pat</dc:creator>
		<pubDate>Sat, 29 Mar 2008 02:36:25 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171832</guid>
		<description>In case you&#039;ve been living in a bubble, another criteria for calling bottom on housing prices is Hud homes.

When HUD sales again show the same inventory as 2002-2003, we&#039;re O.K.   Nobody needed HUD for a while.  So HUD inventory is doggie doo right now.

http://hud1.towerauction.net/NJ.htm</description>
		<content:encoded><![CDATA[<p>In case you&#8217;ve been living in a bubble, another criteria for calling bottom on housing prices is Hud homes.</p>
<p>When HUD sales again show the same inventory as 2002-2003, we&#8217;re O.K.   Nobody needed HUD for a while.  So HUD inventory is doggie doo right now.</p>
<p><a href="http://hud1.towerauction.net/NJ.htm" rel="nofollow">http://hud1.towerauction.net/NJ.htm</a></p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Clotpoll</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171831</link>
		<dc:creator>Clotpoll</dc:creator>
		<pubDate>Sat, 29 Mar 2008 02:34:17 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171831</guid>
		<description>Hype (367)-

An investment that got sold as though it were a money market fund...and now, assets are illiquid and marked-down?

This is the beginning of the endtimes.</description>
		<content:encoded><![CDATA[<p>Hype (367)-</p>
<p>An investment that got sold as though it were a money market fund&#8230;and now, assets are illiquid and marked-down?</p>
<p>This is the beginning of the endtimes.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Happy Camper</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171830</link>
		<dc:creator>Happy Camper</dc:creator>
		<pubDate>Sat, 29 Mar 2008 02:30:16 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171830</guid>
		<description>Much of the info provided about savings ratios has been bogus.

$80,000 salary
what tax rate do you like?

If 20% tax rate (including federal, state, social security, etc) then,
$64,000 take home  $5,300 a month.   This is not possible (nor legal) in the US.

If 40% tax rate, all in,  (including federal, state, social security, etc) then,
$48,000 take home $4,000

what gives?</description>
		<content:encoded><![CDATA[<p>Much of the info provided about savings ratios has been bogus.</p>
<p>$80,000 salary<br />
what tax rate do you like?</p>
<p>If 20% tax rate (including federal, state, social security, etc) then,<br />
$64,000 take home  $5,300 a month.   This is not possible (nor legal) in the US.</p>
<p>If 40% tax rate, all in,  (including federal, state, social security, etc) then,<br />
$48,000 take home $4,000</p>
<p>what gives?</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Confused In NJ</title>
		<link>http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171829</link>
		<dc:creator>Confused In NJ</dc:creator>
		<pubDate>Sat, 29 Mar 2008 02:27:59 +0000</pubDate>
		<guid isPermaLink="false">http://njrereport.com/index.php/2008/03/28/weekend-open-discussion-108/#comment-171829</guid>
		<description>March 28 (Bloomberg) -- Democratic presidential rivals Hillary Clinton and Barack Obama each claimed they would be stronger than the other in an economic crisis, arguing they had better advisers. 

Clinton named former Treasury Secretary Robert Rubin as representative of the quality of an economic team that Americans and markets will trust. 

``People like former Secretary Rubin are pretty hard to beat when it comes to managing the economy,&#039;&#039; Clinton, a New York senator, said in an interview on Bloomberg Television&#039;s ``Political Capital with Al Hunt,&#039;&#039; to be aired today. 

Obama, in a separate interview as he campaigned in Pennsylvania, noted that former Federal Reserve Chairman Paul Volcker, a supporter, was advising him on the financial crisis and said he also speaks to billionaire investor Warren Buffett ``on a regular basis.&#039;&#039; 

Buffett hasn&#039;t endorsed either candidate. The Volcker endorsement sets up a dueling ex-Fed chairman rivalry of sorts between the two Democratic contenders. 

Clinton, in response to a question, defended former Fed Chairman Alan Greenspan, whom she has said she would tap for advice. Critics say the Fed&#039;s monetary and regulatory policies under Greenspan contributed to the current crisis.</description>
		<content:encoded><![CDATA[<p>March 28 (Bloomberg) &#8212; Democratic presidential rivals Hillary Clinton and Barack Obama each claimed they would be stronger than the other in an economic crisis, arguing they had better advisers. </p>
<p>Clinton named former Treasury Secretary Robert Rubin as representative of the quality of an economic team that Americans and markets will trust. </p>
<p>&#8220;People like former Secretary Rubin are pretty hard to beat when it comes to managing the economy,&#8221; Clinton, a New York senator, said in an interview on Bloomberg Television&#8217;s &#8220;Political Capital with Al Hunt,&#8221; to be aired today. </p>
<p>Obama, in a separate interview as he campaigned in Pennsylvania, noted that former Federal Reserve Chairman Paul Volcker, a supporter, was advising him on the financial crisis and said he also speaks to billionaire investor Warren Buffett &#8220;on a regular basis.&#8221; </p>
<p>Buffett hasn&#8217;t endorsed either candidate. The Volcker endorsement sets up a dueling ex-Fed chairman rivalry of sorts between the two Democratic contenders. </p>
<p>Clinton, in response to a question, defended former Fed Chairman Alan Greenspan, whom she has said she would tap for advice. Critics say the Fed&#8217;s monetary and regulatory policies under Greenspan contributed to the current crisis.</p>
]]></content:encoded>
	</item>
</channel>
</rss>

