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Reply #49: Take a bow, Jim Moran, (D), VA [View All]

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OldLeftieLawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-08-05 07:52 AM
Response to Reply #44
49. Take a bow, Jim Moran, (D), VA
Edited on Tue Nov-08-05 08:32 AM by OldLeftieLawyer
My fucking Congressman was the guy who practically wrote and shepherded this bill through the House.

Let me tell you a little about our Congressman - who no longer gets my vote, even though he doesn't need it - and see what you think:

When he was Mayor of Alexandria, VA, he got caught taking bribe money from people who wanted the parking lot contract with the city.

So, of course, he ran for Congress and was elected.

His third marriage - two dirty divorces preceded this one - produced a beautiful little girl, who, at the age of two, was diagnosed with a rare brain cancer. President and Mrs. Clinton came to Alexandria to visit the Morans, made sure all sorts of NIH help was made available to the little girl, and, miraculously, she was cured.

Moran, by way of thanks, then voted for Clinton's impeachment. Did I mention that he was then in the process of leaving this third wife and this afflicted child who was just getting over her cancer treatment?

With three divorces, he was in solid debt, just flat broke. So, he got - quite magically - a $250,000 personal loan from MBNA. Interest-free. Then, because he is a diligent and conscientious Representative, working only for the good of his Northern Virginia constituents, he went to work on this bankruptcy bill for MNBA, a Delaware corporation (where Louis Freeh is now a senior vice-president, by the way).

Did I mention that the loan was forgiven, Moran married a millionaire real estate lady, and now they live in her great big house overlooking the Potomac?

Take a bow, Jim Moran, one Democrat who will never get my vote again.

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  -Florida property boom unsustainable - Atlanta Fed UpInArms  Nov-07-05 03:06 PM   #0 
  - My prediction  OldLeftieLawyer   Nov-07-05 03:10 PM   #1 
  - Math is my weakness, can you  madaboutharry   Nov-07-05 03:14 PM   #2 
  - you pay only the interest  400Years   Nov-07-05 03:21 PM   #4 
  - You only pay interest - no principal. It results in a far smaller  rkc3   Nov-07-05 03:22 PM   #5 
  - Sounds like a lease to me. When you sell you have no equity.  Maraya1969   Nov-07-05 03:27 PM   #6 
  - That's the only thing I can think of - I have heard a large number of  rkc3   Nov-07-05 03:30 PM   #7 
  - It's 1925 all over again  hatrack   Nov-07-05 09:19 PM   #39 
  - Some places are enacting  FlaGranny   Nov-08-05 07:37 AM   #47 
     - Seems like there are ways around that... take it in a corp. name, etc.  henslee   Nov-08-05 09:48 AM   #63 
        - There was an article not too long ago,  FlaGranny   Nov-09-05 08:59 AM   #79 
  - Bingo  OldLeftieLawyer   Nov-07-05 03:32 PM   #8 
  - I have a fixed percentage mortgage -- thank Goddess!  LostinVA   Nov-08-05 06:59 AM   #45 
  - That's what we've always done  OldLeftieLawyer   Nov-08-05 07:46 AM   #48 
     - I also got a REALLY good rate  LostinVA   Nov-08-05 08:06 AM   #50 
     - We have a second mortgage that's interest only...  Writer   Nov-08-05 01:41 PM   #72 
  - Unless the buyer puts down large down payment,  maryallen   Nov-08-05 09:50 AM   #64 
  - Interest only can be ok in some circumstances: a real life example:  elsiesummers   Nov-08-05 11:12 AM   #66 
  - That is what people are gambling on  Freddie Stubbs   Nov-07-05 03:32 PM   #9 
  - that and the mortage interest deduction on taxes that is about  UpInArms   Nov-07-05 03:35 PM   #11 
  - they'd better NOT let that mortage interest deduction go  shanti   Nov-08-05 09:18 AM   #58 
     - related: US tax panel urges mortgage interest deduction cut  UpInArms   Nov-08-05 10:43 AM   #65 
        - They also propose eliminating the property tax deduction.  elsiesummers   Nov-08-05 11:25 AM   #67 
           - They don't "care" about the long term consequences  UpInArms   Nov-08-05 11:48 AM   #68 
              - That may be part of it, I think it's aimed at Blue State Residents  elsiesummers   Nov-08-05 01:05 PM   #71 
                 - I live in a rural area and the policies of the mal-administration  UpInArms   Nov-08-05 01:47 PM   #73 
  - Yes.  Demobrat   Nov-07-05 04:09 PM   #15 
  - Plus, you get the tax break in the interim, and boost your credit rating  MADem   Nov-08-05 09:41 AM   #62 
  - How interest-only works  Gormy Cuss   Nov-07-05 03:39 PM   #12 
  - I had an interest only loan for awhile. There is a lot of  bunny planet   Nov-07-05 04:14 PM   #16 
     - You can pay your credit card bill every day, too,  OldLeftieLawyer   Nov-07-05 05:44 PM   #24 
        - Agreed.  bunny planet   Nov-07-05 06:45 PM   #31 
        - Exactly -- everyone I know who has these loans do it  LostinVA   Nov-08-05 08:15 AM   #51 
        - Many people do pay off credit cards every month...  elsiesummers   Nov-08-05 11:58 AM   #69 
  - A real estate bust in Florida?  Birthmark   Nov-07-05 03:21 PM   #3 
  - All we can do now  OldLeftieLawyer   Nov-07-05 03:33 PM   #10 
  - Do you really want me to float off to Cuba OLL, I live in Fla-la-la.  bunny planet   Nov-07-05 06:51 PM   #32 
     - NO!  OldLeftieLawyer   Nov-07-05 07:06 PM   #33 
        - LOL  bunny planet   Nov-07-05 07:29 PM   #34 
  - In my county alone, we have so many new developments going in that  1monster   Nov-07-05 03:41 PM   #13 
     - You Must Be My Neighbor  riskpeace   Nov-07-05 04:28 PM   #17 
        - Where in the Panhandle?  QC   Nov-07-05 04:33 PM   #18 
        - Panama City area  riskpeace   Nov-08-05 08:41 AM   #55 
           - Same here.  QC   Nov-08-05 09:39 AM   #60 
           - Another neighbor  BamaGirl   Nov-08-05 07:30 PM   #78 
        - Northeast. Florida's First Coast.  1monster   Nov-08-05 05:04 PM   #75 
  - people have been encouraged to ignore their common sense  bleedingheart   Nov-07-05 03:50 PM   #14 
  - I'm mystified, frankly,  OldLeftieLawyer   Nov-07-05 04:34 PM   #19 
     - Too many people believe the pResident  Dave Reynolds   Nov-07-05 05:38 PM   #21 
     - I feel the same way. But this is the throwaway economy.  bbgrunt   Nov-08-05 09:35 AM   #59 
  - the bankruptcy bill is a return to indentured servitude...  Raster   Nov-08-05 06:50 AM   #44 
     - Take a bow, Jim Moran, (D), VA  OldLeftieLawyer   Nov-08-05 07:52 AM   #49 
        - Thanks for sharing that about Jim Moran.  raccoon   Nov-08-05 08:29 AM   #54 
        - Republicans can be just as corrupt as any Democrat  Ezlivin   Nov-08-05 09:40 AM   #61 
           - I never thought of that,  OldLeftieLawyer   Nov-08-05 02:04 PM   #74 
        - I was, frankly, shocked he did that  LostinVA   Nov-08-05 09:00 AM   #57 
  - I wrote a policy today on a home here in Tampa  flvegan   Nov-07-05 05:22 PM   #20 
  - What's the point of this?  OldLeftieLawyer   Nov-07-05 05:41 PM   #22 
     - Sorry, I should have been more specific  flvegan   Nov-07-05 05:48 PM   #25 
        - Oh  OldLeftieLawyer   Nov-07-05 06:28 PM   #28 
  - Florida housing prices are not that high for a reason  teryang   Nov-07-05 05:42 PM   #23 
  - I think teryang hit the nail on the head. I work here in Florida and  Catfight   Nov-07-05 06:24 PM   #27 
  - That may be true in some parts of FL  SW FL Dem   Nov-07-05 08:09 PM   #35 
     - I agree  teryang   Nov-08-05 05:54 AM   #43 
  - this just all sounds too mindful of 'buying stock on margin'  cosmicdot   Nov-07-05 06:09 PM   #26 
  - That is EXACTLY  OldLeftieLawyer   Nov-07-05 06:30 PM   #29 
  - This is EXACTLY what this is -- I said that when these loans  LostinVA   Nov-08-05 08:17 AM   #52 
  - In Tampa ppl are building "sold out" condos  wakeme2008   Nov-07-05 06:44 PM   #30 
  - How does that work exactly?  Starbucks Anarchist   Nov-07-05 08:33 PM   #36 
     - I looked at a townhome in tampa that was listed for 219k over a year ago.  Catfight   Nov-07-05 08:56 PM   #37 
     - Here's an example  DoYouEverWonder   Nov-08-05 07:07 AM   #46 
        - No kidding.  Starbucks Anarchist   Nov-08-05 07:06 PM   #76 
  - Similar situation here on the NC coast  carolinalady   Nov-07-05 09:15 PM   #38 
  - I lived in Wilmington, NC, for a long time  LostinVA   Nov-08-05 08:20 AM   #53 
  - Large tax increase from last year to this....  Sacajawea   Nov-07-05 09:30 PM   #40 
  - No shit, and neither is the "American Way of life"...  Solon   Nov-07-05 10:08 PM   #41 
  - Remember the 70's....  Sancho   Nov-08-05 02:03 AM   #42 
  - I think property taxes in FL are rather high....compared to my state. n/t  LeahD   Nov-08-05 07:12 PM   #77 
  - It's unsustainable for the near term.  Sentinel Chicken   Nov-08-05 08:44 AM   #56 
  - There Is A Bigger Problem Here  Yavin4   Nov-08-05 12:01 PM   #70 

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