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    GMAC Halts Foreclosures in 23 States

    I'm leaning towards the theory that state & local gov't are going to require higher standards of maintenace on foreclosed property. They are not going to tolerate rundown vacant property.
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    UK Proposes All Paychecks Go to the State First

    Wasn't this the way during the industrial revolution. You llived in company housing, shopped at the company store, everything deducted before they cashed your check?
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    If most of your paycheck does not go toward a mortgage.

    Most housing in the United States is overpriced. Way overpriced. Can't be parking a 40k pick up truck in the driveway of a 100k home. You, a spouse and your kid can't drive three autos worth more than the value of your home. The price of auto's has to correlate to housing.
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    Been to JAIL yet ?

    I don't want to come across as a paranoid or conspiritist but it sure seems to me that laws are being enacted targeting white people, white activites or enforced in a way which targets white people. We have the money to pay fines and not bother with being outraged. Boaters are targeted for...
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    $111 Million in Fed Stimulus grant created 55 jobs in Los Angelous

    The audit didn't find any misspent funds or waste. If you regulate to the point of inefficiency, and legislate costs with zero regard to productivity. Voila, of course you'll find no waste or misspent funds. Everything is going according to plan. -------------------- Short story. I...
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    People asking what you earn, how do you handle?

    The only people you should tell how much money you make is kids. Your kids and their friends. And be sure to exagerate, (kids don't know the difference between the price of a monthly cell phone bill and a million dollars) you know why you tell your kids, because teachers ask the class these...
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    Jokes 2

    Give a man a fish and feed him for a day Teach a man to phish and feed him and the rest of the Nigerian royal family for a lifetime.
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    Jokes 2

    Easy come, easy go. That was my motto before I developed a prostrate problem.
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    Jokes 2

    A man walks into a doctors and says "help me doc I got a real bad farting problem" The doctor says "ok I can help you one minute please" The doctor leaves the room and a few minutes later comes back in with a big stick The man says "what is that for!!" The doctor replies "to open a...
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    Jokes 2

    I went into the little deli across from work for a sandwich. The woman behind the counter was looking a bit rough, so i said "Do you have a cold?" She replied "No, im still drunk, was out celebrating last night" I asked her what she was celebrating and she said "6 weeks on the wagon"
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    Elite Trader Troll Recognition Thread

    lol, you have a future in politics.:D
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    Jokes 2

    Prince Charles in the news. "I happily talk to the plants and the trees, and listen to them. I think it's absolutely crucial," Charles tells Titchmarsh, adding that it all keeps him "relatively sane".
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    Bad idea or a smart solution?

    .... is using any type of credit for funding ever a sound idea? I'd do it in a heartbeat. How can I say that? Because I did it. Shit don't scare me. Depends how you look at credit. Go buy a car for 20k drive it off the lot, you've already lost money. Borrow money to take a vacation, 5k...
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    What did the Fed say or do to cause the deleveraging?

    The sequence of events are outlined in this book. My basic understanding is world banks put two and two together and realized various institutions were borrowing money to repay other loans (on a very large scale to show up on their radar). Rather simple. When time came for new loans, world...
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    111 Million created 55 jobs?!?!!? WTF?

    "I'm disappointed that we've only created or retained 55 jobs after receiving $111 million," ------------------------ Compelling evidence of why they need more money. Frankly I am surprised they created that many, perhaps they could fund another study, double check the numbers. The...
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    Elizabeth Warren to head up new big government bureaucracy

    Too many Americans have become victims of "practices that took advantage of consumers I sent the professor a letter and told her I haven't had a winning scratch off lottery ticket in 6 weeks. And just for good measure I asked her to bring back free tv. cable sucks.
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    Home Depot founder rips Obama WH as “tenured” academics

    Home Depot founder rips Obama WH as “tenured” academics, ----------------------- My first thought with his press release of Warren. Another professor... sheesh. Ya know, business people, people with money, aka skin in the game, have a lot to lose, they should speak up. What has...
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    Regulators close 6 banks in Ga, NJ, Ohio, Wis

    Last Year we had a 100 yr old family hardware store close. This year a 3 generation paving contractor and today I see a family owned (no clue how long it was in business, long time though) lumber yard is closing. Life is changing. I won't recognize my past Further more, growing up in...
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    Detroit / unions

    Nice story, a little dated (2006). A few quotes. When I mentioned that the perverse incentives of compulsory unionism receive little attention from the press, he said the reason is simple. Many journalists are themselves members of unions. In the interests of a perceived solidarity they...
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    Jokes 2

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