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Sun Jan-11-09 08:06 PM
Response to Original message |
| 10. Wasn't it the late 70's and through |
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most of the 80's that new home ownership became impossible for the average couple/family? I was pretty young at the time, but I remember a lot of talk about the outrageous interest rates that prevented purchases to those who would otherwise be buying at the time.
"The Supreme Court in 1978 effectively undid these laws in a decision."
I was surprised when we qualified for, and bought our first home in 1993. I hadn't really followed RE all that much, so I guess I expected prices and interest to have continued up. The RE market seemed to stabilize for a while during the 1990's.
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| -They're lying to us about the economy |
kpete |
Jan-11-09 01:10 PM |
#0 |
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" lying to us about the economy"! Perhaps but they are really, really lying about solutions to our |
jody |
Jan-11-09 01:14 PM |
#1 |
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Corporate welfare sucks more ass every second. |
lonestarnot |
Jan-11-09 01:17 PM |
#2 |
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Word. All these freaking rich pricks who complain about single moms on Welfare |
applejuice |
Jan-12-09 03:53 AM |
#32 |
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everything we "know" about capitalism IS a lie. |
leftofthedial |
Jan-11-09 01:18 PM |
#3 |
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True .. we were kinda taught capitalism 'n democracy were synonymous ...!! |
defendandprotect |
Jan-12-09 02:08 AM |
#29 |
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Capitalism = Organized Crime. True that. |
loudsue |
Jan-12-09 12:03 PM |
#49 |
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True. Capitalism is nothing but one giant Ponzi scheme |
dflprincess |
Jan-12-09 12:24 PM |
#50 |
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I'd never even heard of cashcall until this |
DS1 |
Jan-11-09 01:24 PM |
#4 |
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"Loans That Fit Your Lifestyle" |
TahitiNut |
Jan-11-09 11:02 PM |
#19 |
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Damn right they're lying. |
Double T |
Jan-11-09 02:20 PM |
#5 |
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Considering the amount of money he got from Wall Street I would be surprised |
terisan |
Jan-11-09 04:32 PM |
#9 |
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Will Donald Trump have a revelation tomorrow morning and renounce corporate welfare |
greyhound1966 |
Jan-11-09 08:12 PM |
#11 |
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I'm so glad to see these "big picture" hypocrisies talked about. |
SimpleTrend |
Jan-11-09 03:15 PM |
#6 |
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Mr Johnston is required reading for all. |
bbgrunt |
Jan-11-09 03:32 PM |
#7 |
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Thank you for posting. Yes they are lying. |
terisan |
Jan-11-09 04:30 PM |
#8 |
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Wasn't it the late 70's and through |
dancingAlone |
Jan-11-09 08:06 PM |
#10 |
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Let's just turn the USA into a big corporate war machine & make money shedding the blood of others.. |
L0oniX |
Jan-11-09 08:14 PM |
#12 |
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Don't look now, but it has already happened |
Grinchie |
Jan-12-09 01:56 AM |
#27 |
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The Pentasewer's I.V. needs to be CHOPPED. |
HughBeaumont |
Jan-12-09 04:56 AM |
#33 |
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OPM and OPL |
Stalwart |
Jan-12-09 11:22 AM |
#46 |
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um...duh. nt |
tomp |
Jan-11-09 08:32 PM |
#13 |
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The creation of the slave labor work force requires huge unemployment. |
jazzjunkysue |
Jan-11-09 08:36 PM |
#14 |
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Not just buy up stocks, but property, businesses, highways, state parks and more. |
bertman |
Jan-11-09 10:25 PM |
#16 |
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Well, I plan to be buying. |
Grinchie |
Jan-12-09 01:58 AM |
#28 |
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I'm sure there are many of us who would like to be in a position to be buying. But when |
bertman |
Jan-12-09 08:35 AM |
#42 |
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But that's the point, IMHO. There are millions of dollars in IRA's |
loudsue |
Jan-12-09 12:55 PM |
#51 |
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Shock Doctrine? LIHOP? eom |
Stalwart |
Jan-12-09 11:25 AM |
#47 |
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k&r. n/t |
Tindalos |
Jan-11-09 09:22 PM |
#15 |
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Our government is not going to undo the laws in place that benefit |
EmeraldCityGrl |
Jan-11-09 10:44 PM |
#17 |
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Google Brad Setzer.... a well regarded global trade blogger w/ the (gasp) CoFR. |
galileoreloaded |
Jan-11-09 11:24 PM |
#21 |
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Thank you, I will do that. n/t |
EmeraldCityGrl |
Jan-11-09 11:34 PM |
#22 |
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I'd bet the goal is to trash the economy in order to bring on the North American Union. |
TheGoldenRule |
Jan-11-09 10:51 PM |
#18 |
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Great post. You speak the truth. Our money is not our money. It's always their money. |
valerief |
Jan-11-09 11:08 PM |
#20 |
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Important material here. |
BushDespiser12 |
Jan-12-09 12:03 AM |
#23 |
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Fiscal Therapy |
Danascot |
Jan-12-09 12:10 AM |
#24 |
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This article is brilliant |
SOS |
Jan-12-09 10:59 AM |
#45 |
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And some companies are using the bad economy as an excuse... |
Lost-in-FL |
Jan-12-09 01:34 AM |
#25 |
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These CEO that demand 5% growth per quarter are the culprits |
Grinchie |
Jan-12-09 02:14 AM |
#31 |
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Reality |
callchet |
Jan-12-09 01:38 AM |
#26 |
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Wonderful insights into capitalistic corruption - thanks! |
defendandprotect |
Jan-12-09 02:09 AM |
#30 |
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Considering... |
Rebubula |
Jan-12-09 06:04 AM |
#34 |
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Capitalism is a Golden Society... |
Joe Bacon |
Jan-12-09 06:05 AM |
#35 |
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But, but, but the TV news reader told me it was all those consumers living beyond their means |
fasttense |
Jan-12-09 06:43 AM |
#36 |
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So is Obama one of the liars? n/t |
pnwmom |
Jan-12-09 06:58 AM |
#37 |
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it's always been about the little people fighting over the scraps..... |
a kennedy |
Jan-12-09 07:08 AM |
#38 |
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It's very simple - the rich devise ways to keep taxes low |
closeupready |
Jan-12-09 07:17 AM |
#39 |
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While not disputing the OP, metaphorically we have put our economic bets on the wheel |
JCMach1 |
Jan-12-09 07:30 AM |
#40 |
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Yes it's a rigged game |
Pharaoh |
Jan-12-09 08:25 AM |
#41 |
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Thank you! This is the first time I've EVER seen mention of our usury laws. |
Waiting For Everyman |
Jan-12-09 09:38 AM |
#43 |
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ADP (Payroll Processing) added up 693,000 jobs lost in December.... |
Broadslidin |
Jan-12-09 09:41 AM |
#44 |
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Jobs Numbers Much Worse Than You Think |
Danascot |
Jan-12-09 11:30 AM |
#48 |
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They did this on purpose |
pollo poco |
Jan-12-09 12:57 PM |
#52 |
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And people dismiss Socialism as something evil.... |
dcsmart |
Jan-12-09 01:02 PM |
#53 |
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