Comments on: Follow the debt http://njrereport.com/index.php/2008/10/30/follow-the-debt/ Real Estate, Economics, and Politics Thu, 24 May 2012 01:34:30 +0000 hourly 1 http://wordpress.org/?v=3.0 By: tyscxnij zoypt http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-240864 tyscxnij zoypt Thu, 13 Nov 2008 02:22:34 +0000 http://njrereport.com/?p=3362#comment-240864 ujwgklh emzls nkjcrds gnwu fwpal mjrk cgjxudp ujwgklh emzls nkjcrds gnwu fwpal mjrk cgjxudp

]]> By: Clotpoll http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236261 Clotpoll Fri, 31 Oct 2008 11:00:33 +0000 http://njrereport.com/?p=3362#comment-236261 Pat (468)- When principal reductions, workouts & bailouts come closer to being reality, you'd have to be nuts to keep paying your mortgage. Guess Schiff agrees: "Peter Schiff, the president of Euro Pacific Capital in Darien, Connecticut, who prophesied doom before it became fashionable, says he thinks just about everyone who is underwater and has few other assets should stop paying." Pat (468)-

When principal reductions, workouts & bailouts come closer to being reality, you’d have to be nuts to keep paying your mortgage. Guess Schiff agrees:

“Peter Schiff, the president of Euro Pacific Capital in Darien, Connecticut, who prophesied doom before it became fashionable, says he thinks just about everyone who is underwater and has few other assets should stop paying.”

]]> By: william http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236252 william Fri, 31 Oct 2008 07:43:27 +0000 http://njrereport.com/?p=3362#comment-236252 alia----you just dont get it....*sigh* alia—-you just dont get it….*sigh*

]]> By: Pat http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236248 Pat Fri, 31 Oct 2008 04:48:18 +0000 http://njrereport.com/?p=3362#comment-236248 http://www.iht.com/articles/2008/10/31/business/31bailout.php "Irk" "...everyone who is underwater and has few other assets should stop paying..." 'To guard against fraud, a spokesman for the housing agency said, borrowers will have to certify they did not "intentionally" default.' http://www.iht.com/articles/2008/10/31/business/31bailout.php
“Irk”
“…everyone who is underwater and has few other assets should stop paying…”

‘To guard against fraud, a spokesman for the housing agency said, borrowers will have to certify they did not “intentionally” default.’

]]> By: d2b http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236247 d2b Fri, 31 Oct 2008 04:29:30 +0000 http://njrereport.com/?p=3362#comment-236247 skep- I live in one of those districts where the parents are too involved with the kids. They have a lottery to see which Moms go on field trips. The other Moms still get to go, but they car pool behind the school bus. I told my wife that she was not allowed to go over to the school anymore. School should be for the children. skep-
I live in one of those districts where the parents are too involved with the kids. They have a lottery to see which Moms go on field trips. The other Moms still get to go, but they car pool behind the school bus.

I told my wife that she was not allowed to go over to the school anymore. School should be for the children.

]]> By: Shore Guy http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236244 Shore Guy Fri, 31 Oct 2008 02:22:45 +0000 http://njrereport.com/?p=3362#comment-236244 Stu/Gator Glad to hear the evil masters of the CN empire have not ruined your week. Stu/Gator

Glad to hear the evil masters of the CN empire have not ruined your week.

]]> By: Shore Guy http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236243 Shore Guy Fri, 31 Oct 2008 02:12:17 +0000 http://njrereport.com/?p=3362#comment-236243 "At some point, impairing individuals economic incentives would reduce the total wealth in society”" The USSR and ChiComs learned this lesson. We seem to want to ignore what we tought the rest of the world for 400 years. “At some point, impairing individuals economic incentives would reduce the total wealth in society””

The USSR and ChiComs learned this lesson. We seem to want to ignore what we tought the rest of the world for 400 years.

]]> By: yikes http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236242 yikes Fri, 31 Oct 2008 02:10:00 +0000 http://njrereport.com/?p=3362#comment-236242 <i>The world’s currency markets are a keg of dynamite. The coming explosion will blow the doors off the Richter scale.</i> how are you preparing for it, BC? besides the guns, gold, and canned goods? are the boots still on? how active are you house shopping? with deflation supposedly followed by terrible inflation, what is the plan of attack for the fiscally conservative, cash-heavy folks? The world’s currency markets are a keg of dynamite. The coming explosion will blow the doors off the Richter scale.

how are you preparing for it, BC? besides the guns, gold, and canned goods?

are the boots still on? how active are you house shopping? with deflation supposedly followed by terrible inflation, what is the plan of attack for the fiscally conservative, cash-heavy folks?

]]> By: Shore Guy http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236241 Shore Guy Fri, 31 Oct 2008 02:08:51 +0000 http://njrereport.com/?p=3362#comment-236241 Well, I thought I posted this hours ago but ended up moderated. (Must stop posting at traffic lights). Anyway, in the best of the Tim "The Toolman" Taylor tradition (from Yahoo News): Your comment is awaiting moderation. October 30th, 2008 at 7:26 pm (from yahoo news) Boy shocked after man powers up campaign sign (AP) (34 mins ago) CHAPEL HILL, N.C. - Shawn Turschak of Chapel Hill was tired of someone stealing M-P campaign signs from his yard. Turschak, with a degree in electrical engineering, hooked up a third sign to a power source for an electric pet fence Monday and also put up a surveillance camera. The News & Observer of Raleigh reported that a 9-year-old boy with an O-B sign grabbed the M- sign and got a jolt on Tuesday. snip Well, I thought I posted this hours ago but ended up moderated. (Must stop posting at traffic lights). Anyway, in the best of the Tim “The Toolman” Taylor tradition (from Yahoo News):

Your comment is awaiting moderation.
October 30th, 2008 at 7:26 pm
(from yahoo news)
Boy shocked after man powers up campaign sign (AP)
(34 mins ago)
CHAPEL HILL, N.C. – Shawn Turschak of Chapel Hill was tired of someone stealing M-P campaign signs from his yard. Turschak, with a degree in electrical engineering, hooked up a third sign to a power source for an electric pet fence Monday and also put up a surveillance camera.
The News & Observer of Raleigh reported that a 9-year-old boy with an O-B sign grabbed the M- sign and got a jolt on Tuesday.
snip

]]> By: Clotpoll http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236240 Clotpoll Fri, 31 Oct 2008 02:07:07 +0000 http://njrereport.com/?p=3362#comment-236240 vic (427)- In a market like this, rallies don't last as long as Vi@gra (thanks again, BC). This latest two day-wonder is like the market took that time-release Ci@lis. The next swoon is gonna be nasty. I think it can bust under 7900 on the Dow, easy. vic (427)-

In a market like this, rallies don’t last as long as Vi@gra (thanks again, BC). This latest two day-wonder is like the market took that time-release Ci@lis.

The next swoon is gonna be nasty. I think it can bust under 7900 on the Dow, easy.

]]> By: victorian http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236239 victorian Fri, 31 Oct 2008 01:54:22 +0000 http://njrereport.com/?p=3362#comment-236239 I was so inspired by William today, I went out and got myself a XBOX 360. I think Call of Duty will be my way of sticking it to the man! BTW, sweet deal on the 360 (20 Gig HDD) at FYE. 250 - 100 Mail-In Rebate = $150. I was so inspired by William today, I went out and got myself a XBOX 360. I think Call of Duty will be my way of sticking it to the man!

BTW, sweet deal on the 360 (20 Gig HDD) at FYE. 250 – 100 Mail-In Rebate = $150.

]]> By: yikes http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236237 yikes Fri, 31 Oct 2008 01:45:44 +0000 http://njrereport.com/?p=3362#comment-236237 <i>The operating idea is to trap as many Americans as possible in a cradle-to-grave life of debt servitude. Then, people have no choices, no motivation, no aspiration and no ability to move from one place to another. The end product will be a static, predictable workforce of compliant, glassy-eyed zombies.</i> well said, Clot. The operating idea is to trap as many Americans as possible in a cradle-to-grave life of debt servitude. Then, people have no choices, no motivation, no aspiration and no ability to move from one place to another. The end product will be a static, predictable workforce of compliant, glassy-eyed zombies.

well said, Clot.

]]> By: Stu http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236236 Stu Fri, 31 Oct 2008 01:35:54 +0000 http://njrereport.com/?p=3362#comment-236236 Ballot questions don't mean a damn thing in NJ. When the stem cell staffing bonding question was asked during the last general election, NJ overwhelmingly voted against the bond. Corzine then decided to spend an equal amount of money building the facilities on another bond even though it was now impossible to staff those facilities. Need I say more? Ballot questions don’t mean a damn thing in NJ. When the stem cell staffing bonding question was asked during the last general election, NJ overwhelmingly voted against the bond. Corzine then decided to spend an equal amount of money building the facilities on another bond even though it was now impossible to staff those facilities.

Need I say more?

]]> By: stan http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236235 stan Fri, 31 Oct 2008 01:20:53 +0000 http://njrereport.com/?p=3362#comment-236235 anyone have any clue what the he@@ public question #1 on the nj ballot is? just received the sample ballot and have no clue what it is for..... anyone have any clue what the he@@ public question #1 on the nj ballot is? just received the sample ballot and have no clue what it is for…..

]]> By: sas http://njrereport.com/index.php/2008/10/30/follow-the-debt/#comment-236234 sas Fri, 31 Oct 2008 01:17:09 +0000 http://njrereport.com/?p=3362#comment-236234 "Pink Floyd was so right and I never got it—”Welcome to the machine”…If I would have only listened to them instead of my parents!" good one bloke...good one. SAS “Pink Floyd was so right and I never got it—”Welcome to the machine”…If I would have only listened to them instead of my parents!”

good one bloke…good one.

SAS

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