For RDean....

"Dave LaCourse" wrote in message
...

obviously, the measure of 'wealth' has evolved since Smith's time. . . .
it's strange days we're in when someone who thought they could afford a 5
series now feels they should benefit from the services of your food
pantry.

Obviously. It's even stranger when Barney, Dodd, and Obama told those
poor people that they could afford $400,000 homes when they only made
$50,000 per year. That is the crime, Tom.

Well, US bankers for at least a century told borrowers that the
maximum house price they could afford was 3 or 4 years' gross
income, "told" not merely in words but in deeds, viz. refusal to make
loans outside that envelope. All of a sudden, the new idea was
proposed that anyone could afford a house costing 8 years' income
(and no evidence offered why this might be the case.) Why should
anyone be so simple as to act on this belief?

--
Don Phillipson
Carlsbad Springs
(Ottawa, Canada)

On Sun, 8 Feb 2009 09:00:32 -0500, "Don Phillipson"
wrote:

"Dave LaCourse" wrote in message
.. .

obviously, the measure of 'wealth' has evolved since Smith's time. . . .
it's strange days we're in when someone who thought they could afford a 5
series now feels they should benefit from the services of your food
pantry.

Obviously. It's even stranger when Barney, Dodd, and Obama told those
poor people that they could afford $400,000 homes when they only made
$50,000 per year. That is the crime, Tom.

Well, US bankers for at least a century told borrowers that the
maximum house price they could afford was 3 or 4 years' gross
income, "told" not merely in words but in deeds, viz. refusal to make
loans outside that envelope. All of a sudden, the new idea was
proposed that anyone could afford a house costing 8 years' income
(and no evidence offered why this might be the case.) Why should
anyone be so simple as to act on this belief?

Exactly. But Barney and Dodd and Obama et al thought that it would be
ok. There were warnings but no one took heed. Like I said, I would
love to drive a Bugatti Veyron. I can't afford one; they cost in
excess of 1.5 mill. But, it would be fun to own one for awhile. So,
I pay, let's say, $5k a month for three months, then I realize that I
can not pay for it. The loan company already *knew* I couldn't affor
it, but gave me the money anyway. I did have my fun with it, however,
and all it cost me was $15k. Who picks up the rest of the bill? The
taxpayers I am afraid.

Dave

"Dave LaCourse" wrote in message
...
Exactly. But Barney and Dodd and Obama et al thought that it would be
ok.

This is such a flagrant load of bull**** as to nearly defy reason. The
problem started before any of these three had the least say in the matter.
Why lie to support your position? I guess honor goes out the window for an
old Navy man when it's convenient, huh, Dave?


Tom

On Sun, 08 Feb 2009 21:55:55 GMT, "Tom Littleton"
wrote:

This is such a flagrant load of bull**** as to nearly defy reason. The
problem started before any of these three had the least say in the matter.
Why lie to support your position? I guess honor goes out the window for an
old Navy man when it's convenient, huh, Dave?

That's it! **** you Littleton and the mule you rode in on. You and
your Democrat non-tax paying *******s will lead us into the poor
house. You thought it was bad under Carter? Hold onto your seat,
asshole, for you are about to take a ride.

Don't you EVER question my honor. EVER. I served and you didn't.

Now go **** yourself. I've had it with you and your likes.

"Dave LaCourse" wrote in message
...
You and
your Democrat non-tax paying *******s will lead us into the poor
house.

like the GOP didn't help lead us there over the years since
1994? Hell, I might be the most egalitarian person in this damned thread,
spreading blame over most politicians as well as the bulk of the US public.


You thought it was bad under Carter?

No, I really didn't. What happened was pretty much predictable, and I sure
didn't suffer terribly.

Hold onto your seat,
asshole, for you are about to take a ride.

there, we can agree, I think the nation is in the beginnings of a very rough
ride.

Don't you EVER question my honor. EVER. I served and you didn't.

Honor, as you amply demonstrate, has little if anything to do with service
in the military. Spewing a bunch of made up bull**** about how this whole
mess started, when it has been made abundantly clear that it DID NOT start
in 2006, is dishonorable, pure and simple. If you don't like me calling you
on it, don't spew it. Barney Frank is not the root of the economic collapse,
and in fact isn't much more than a bit player. This collapse was a long time
coming, will be a long time healing and having blowhards pointing
ideological fingers as you seem to want to do is not only dishonorable,
IMHO, it is unpatriotic. You can do better.

Tom

"Dave LaCourse" wrote in message
...

On Sun, 08 Feb 2009 21:55:55 GMT, "Tom Littleton"
wrote:

This is such a flagrant load of bull**** as to nearly defy reason. The
problem started before any of these three had the least say in the matter.
Why lie to support your position? I guess honor goes out the window for an
old Navy man when it's convenient, huh, Dave?

That's it! **** you Littleton and the mule you rode in on. You and
your Democrat non-tax paying *******s will lead us into the poor
house. You thought it was bad under Carter? Hold onto your seat,
asshole, for you are about to take a ride.

Don't you EVER question my honor. EVER. I served and you didn't.

Now go **** yourself. I've had it with you and your likes.



hmmm...we always said, "and the 'horse' you rode in on" I wonder if it's a
regional thing..

which do you tarheels say?

john

On Feb 9, 10:24*pm, "asadi" wrote:
"Dave LaCourse" wrote in message

...







On Sun, 08 Feb 2009 21:55:55 GMT, "Tom Littleton"
wrote:

This is such a flagrant load of bull**** as to nearly defy reason. The
problem started before any of these three had the least say in the matter.
Why lie to support your position? I guess honor goes out the window for an
old Navy man when it's convenient, huh, Dave?

That's it! ***** you Littleton and the mule you rode in on. *You and
your Democrat non-tax paying *******s will lead us into the poor
house. *You thought it was bad under Carter? *Hold onto your seat,
asshole, for you are about to take a ride.

Don't you EVER question my honor. *EVER. *I served and you didn't.

Now go **** yourself. *I've had it with you and your likes.

hmmm...we always said, "and the 'horse' you rode in on" * I wonder if it's a
regional thing..

which do you tarheels say?

john- Hide quoted text -

- Show quoted text -

And the elephant you rode in on....

--riverman

"riverman" wrote in message
...
On Feb 9, 10:24 pm, "asadi" wrote:
"Dave LaCourse" wrote in message

...







On Sun, 08 Feb 2009 21:55:55 GMT, "Tom Littleton"
wrote:

This is such a flagrant load of bull**** as to nearly defy reason. The
problem started before any of these three had the least say in the
matter.
Why lie to support your position? I guess honor goes out the window for
an
old Navy man when it's convenient, huh, Dave?

That's it! **** you Littleton and the mule you rode in on. You and
your Democrat non-tax paying *******s will lead us into the poor
house. You thought it was bad under Carter? Hold onto your seat,
asshole, for you are about to take a ride.

Don't you EVER question my honor. EVER. I served and you didn't.

Now go **** yourself. I've had it with you and your likes.

hmmm...we always said, "and the 'horse' you rode in on" I wonder if it's a
regional thing..

which do you tarheels say?

john- Hide quoted text -

- Show quoted text -

And the elephant you rode in on....

--riverman

Must be a sub-continent thing?

Op

asadi wrote:
"Dave LaCourse" wrote in message
...
On Sun, 08 Feb 2009 21:55:55 GMT, "Tom Littleton"
wrote:

This is such a flagrant load of bull**** as to nearly defy reason. The
problem started before any of these three had the least say in the matter.
Why lie to support your position? I guess honor goes out the window for an
old Navy man when it's convenient, huh, Dave?
That's it! **** you Littleton and the mule you rode in on. You and
your Democrat non-tax paying *******s will lead us into the poor
house. You thought it was bad under Carter? Hold onto your seat,
asshole, for you are about to take a ride.

Don't you EVER question my honor. EVER. I served and you didn't.

Now go **** yourself. I've had it with you and your likes.



hmmm...we always said, "and the 'horse' you rode in on" I wonder if it's a
regional thing..

which do you tarheels say?

john



well...in this case, a goat comes to mind. g

jeff

"asadi" wrote in message
...

"Dave LaCourse" wrote in message
...

On Sun, 08 Feb 2009 21:55:55 GMT, "Tom Littleton"
wrote:

This is such a flagrant load of bull**** as to nearly defy reason. The
problem started before any of these three had the least say in the
matter.
Why lie to support your position? I guess honor goes out the window for
an
old Navy man when it's convenient, huh, Dave?

That's it! **** you Littleton and the mule you rode in on. You and
your Democrat non-tax paying *******s will lead us into the poor
house. You thought it was bad under Carter? Hold onto your seat,
asshole, for you are about to take a ride.

Don't you EVER question my honor. EVER. I served and you didn't.

Now go **** yourself. I've had it with you and your likes.



hmmm...we always said, "and the 'horse' you rode in on" I wonder if it's
a regional thing..

which do you tarheels say?

john

It's a "horse." Only a squid would ride in on a mule!

Op