Originally Posted By Shooba "Beau, your post #12 was pathetic but predictable. You can't make a post about good things Bush has done without mindlessly trashing 'libs'. As others have said, your commentary has become completely irrelevant." I swear 90% of what he posts violates community standards and ends up admind. Why is he allowed to continue to spew hatred here?
Originally Posted By Moderation >>Bush cut taxes when liberals wanted to raise them and now we have a great economy<< I wish you would stop claiming that Bush has cut taxes, because he has not. It is economically impossible to cut taxes when a budget is in deficit. All you can do is postpone taxes. It is like you going to Sears and buying a new lawn mower, then claiming it didn't cost you anything because you put it on your Visa card- the only difference is that the USA's Visa card is about the size of the state of Wyoming. You can live 'la vita loca' for a while on the cards, but sooner or later they need to be paid off.
Originally Posted By Beaumandy <<By the way... you might want to check your facts on the housing thing there cowboy... <<After posting steady increases over the past several years, the nation's homeownership rate — the percentage of households that are owner-occupied — dipped to 68.5 percent during the first three months of this year, compared with 69.1 percent for the same period in 2005.>> I said more people than ever own a house. This is a fact RT. Did you expect the red hot housing market to go up forever? Eventually it has to level off and that is what is happeneing now. If people want to buy a house now they can. Interest rates are still very low. Life is good unless you insist on being miseralble like so many people do.
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Originally Posted By DouglasDubh <It is economically impossible to cut taxes when a budget is in deficit. All you can do is postpone taxes.> Untrue. You can cut tax rates, and actually bring in more tax revenue. The Federal government is actually receiving more tax revenue right now then was predicted before the tax cut went into effect. Tax cuts spur economic activity, which generates more tax revenue.
Originally Posted By RoadTrip <<I said more people than ever own a house. >> Which means absolutely nothing. Of course more people own a home today than ever before... there are more PEOPLE in the country to own homes. The only measure that has any significance is the PERCENTAGE that owns their own home. Surely you can understand that. It’s kind of like when you say there are more jobs than ever. It means nothing. There are also more workers than ever. The economy has to constantly create new jobs just to stay in the same place. Republican or Democratic administration… facts are facts.
Originally Posted By Beaumandy As a percentage, more people own houses than ever Road Trip. Look it up. The habit of liberals insisting we are all screwed and miserable is so telling of them. Everyting to them is not what it seems. Reality has no use for them. CNN is more popular than Fox news according to them. The president is a total failure according to them. The economy is worse than the depression according to them. It never ends. Then reality smacks them in the face ( Like Valerie Plame and the elections and the network TV rankings ).. they are on to the next misguided attempt to deny reality. As far as tax cuts go, Douglas is right. The government is getting MORE money from tax revenue than it ever expected due to all the new jobs that have been created. Look it up.
Originally Posted By RoadTrip <<As a percentage, more people own houses than ever Road Trip. Look it up. The habit of liberals insisting we are all screwed and miserable is so telling of them.>> No Beau. You clearly don't even read what other people post. THE PERCENTAGE IS DOWN!! 68.5% this year compared to 69.1% last year. That is DOWN whether you're a lib or a con. <<After posting steady increases over the past several years, the nation's homeownership rate — the percentage of households that are owner-occupied — dipped to 68.5 percent during the first three months of this year, compared with 69.1 percent for the same period in 2005.>> Source: <a href="http://www.twincities.com/mld/" target="_blank">http://www.twincities.com/mld/</a> twincities/news/15140400.htm
Originally Posted By Beaumandy The housing market is leveling off RT. It was impossible to keep the pace it was on. But today, more Americans as a percentage own homes than ever before. Low interest rates and high employment have have made the American dream of owning a home a reality for more people than ever. If people REALLY want bad times in America, simply look to the days of Jimmy Carter the liberal, who gave us an America that made owning a home nearly impossible. Oh, Jimmy Carter also opened the door to radical Islamic terrorism by being such a tool. Yet here we have ANOTHER thread where a liberal tries their best to make Bush into a total failure. It realy is pathetic. How liberals can actually have the nerve with their track record of failure to tell us Bush is sooo horrible is amazing.
Originally Posted By vbdad55 <The housing market is leveling off RT. It was impossible to keep the pace it was on. But today, more Americans as a percentage own homes than ever before. Low interest rates and high employment have have made the American dream of owning a home a reality for more people than ever. < Well having a friend who owns a mortgage brokerage firm ( with locations in 24 states) - let's me hear interesting info also...like the fact that mortgage default %'s are at one of the highest rates in 50 years. Also the fact that many people are 'upside down' on homes they own due to the fact that the 'hot economy' we keep hearing about has bled them dry .... and this sobering fact: 2006-2007: Years of Mortgage Default? Over the next two years, $2.5 trillion in U.S. mortgages that are based on adjustable rate mortgages will reset to higher interest rates. There is little question that many people who have been using creative financing to speculate in the real estate market are going to have some serious financial difficulties as a result And before we hear this may be a California phenomenon with investors - the states that had the highest default rates for the 1Q 2006 - according to a news story in the past few weeks : Illinois / Indiana / Ohio -- cut right across the heartland......and an area that has not seen the meteoric property value increases the coasts did... so let's temper that ownership just a bit...there is a dark cloud on that horizon..let's hope it somehow passes...but with more and more jobs leaving the country and no one doing a darn thing about it ..I see much trouble ahead.
Originally Posted By Beaumandy I suppose vbdad. But there have always been defaults on mortgages and it just makes sense that with more home owners there will also be more defaults. We can always point to possible doom and gloom, but people who do this all the time are always going to be miserable and make bad luck for themselves by programming themselves for failure. If people are defaulting on their mortgage that is their deal not mine. Nobody ever said life was a guaranteed cake walk, you make it what you want it to be even if you get laid off. ( AFLAC anyone ) When you think about it, liberals want to think they are going to be taken care of no matter what. It's why they cling to a nanny state goverment run by socialists. Of course in the real world this doesn't work in the long run but they still push for it anyway. Hard work, a positive attitude, a desire to win is how you play the game of capitalism.... the model that has created more wealth and proserity than any other system. Again, I was a sales manager for years. I could flush out the people who were not going to make simply based on how they viewed the world. I would take a raw motivated person any day over some idiot who just got his degree in social science who figured the world should take care of him.
Originally Posted By jonvn "Bush cut taxes" Yes, that was a very bad mistake. It's done a real number on our deficit, and it will eventually have to be paid for with even higher taxes down the road. "Bush has taken down 2 horrible terrorist nations in Afghanistan and Iraq." Iraq is a disaster that has made the world over hate us. We never did get the leaders of Al-Queda or the Taliban in Afghanistan. And so on. The thing is this, it's not about whether someone is conservative or liberal. It's about basic competency. Doing what you intend to do properly. That is what is missing here.
Originally Posted By RoadTrip <<But today, more Americans as a percentage own homes than ever before.>> Good God man, can't you freaking READ?? The percent of people owning homes is DOWN. What does it take to get you to admit it when you are wrong?? Once again... <<the nation's homeownership rate — the percentage of households that are owner-occupied — dipped to 68.5 percent during the first three months of this year, compared with 69.1 percent for the same period in 2005.>> Just in case that was too much for you to read I'll abbreviate it: <<the percentage of households that are owner-occupied — dipped>> OK?? <a href="http://www.twincities.com/mld/twincities/news/15140400.htm" target="_blank">http://www.twincities.com/mld/ twincities/news/15140400.htm</a>
Originally Posted By Beaumandy Cutting taxes has resulted in more tax revunue for the Federal Government than even they predicted and unemployment is under 5%. My god, what would you be like if things actually were bad. But keep telling us doom and gloom is coming. Maybe the democrats will win so you can get your taxes jacked up like they promise to do. Wait... they will never win, forget it. <<Iraq is a disaster that has made the world over hate us. We never did get the leaders of Al-Queda or the Taliban in Afghanistan.>> Saddam and the Taliban are now out of power thanks to GW Bush. Sorry but they are not coming back. As far as the world hating us, good. If France doesnt like us that's a good thing. If Iran doesn't like us that is a good thing. If the rest of the world is jealous they are behind us then drop socialism and get a real economy. Bush has given is a great ecomony and has taken the fight to terrorists. Both things that would not be happening if a democrat somehow scammed themselves into office. Bottom line is that people from the left offer nothing but proven failed policies and ideas. These same people even when things are going good STILL hate their lives. Why should America vote for them? If you want higher taxes and more rights for terrorists go ahead.
Originally Posted By Beaumandy <<The percent of people owning homes is DOWN. What does it take to get you to admit it when you are wrong??>> Even if this years numbers are down, the percentage of Americans who own homes is at a record high under Bush. That is the point. We have some liberals starting a thread about how horrible the president is yet prosperity is all around us and we have taken out two terrorist nations along with thousands of Al Quaida killed. This same liberal has no idea how he or she would make things acceptable except getting rid of the real enem to them GW Bush. It gets old after a while listening to liberals who lose ,whine about the great life and opportunity this country gives them when if they had power they would destroy everything. Tell me a place in America or anywhere where liberal policies work? Ronald Reagan is the standard, not Jimmy Carter, Clinton or Mondale.
Originally Posted By jonvn "Cutting taxes has resulted in more tax revunue for the Federal Government" This from someone who says 68 is more than 69? Look, you may have your talking points that you get from Rush, but facts are facts, and you really don't have many here. Sorry, but Iraq is an unmitigated disaster, and most people seem to realize this now. There are a few idealogues who say otherwise, but they are now a small proportion. Things have just gotten messed up. Bad performance all the way through.
Originally Posted By ecdc "Untrue. You can cut tax rates, and actually bring in more tax revenue. The Federal government is actually receiving more tax revenue right now then was predicted before the tax cut went into effect. Tax cuts spur economic activity, which generates more tax revenue." Actually, I rarely agree with Douglas, but this seems like a fair comment. I haven't seen the numbers so I don't know if it's accurate or not. But since I asked about what Bush has done for your family, I will respond that the tax cuts seem to have helped mine. For all the comments about the tax cuts being for the rich (and they disproportionately did help the rich) they seem to have also helped me and my family. But again, I haven't examined the actual numbers too closely.
Originally Posted By Beaumandy <<Cutting taxes has resulted in more tax revunue for the Federal Government" This from someone who says 68 is more than 69? Look, you may have your talking points that you get from Rush, but facts are facts, and you really don't have many here. >> You don't have to listen to Rush to know the Federal governemnt is taking in more tax revunue now than enyone expected. Reagan cut taxes and gave us 20 years of economic growth. The same thing is happeneing under the Bush tax cuts. But you can vote to raise taxes all you want, the people in America know better. <<Sorry, but Iraq is an unmitigated disaster, and most people seem to realize this now. There are a few idealogues who say otherwise, but they are now a small proportion.>> Iraq in far from a disaster. Saddam is gone and they have a new government that includes Shite, Sunni and Kurds. Yes there is vioence in the Sunni triange, but that is to be expected. Evertime you say Iraq is a failure you insult the military, but hey, whatever.
Originally Posted By vbdad55 < But there have always been defaults on mortgages and it just makes sense that with more home owners there will also be more defaults. > we're not talking total volume- we are talking % so the number of homeowners doesn;t matter in that scenario
Originally Posted By Beaumandy I would not be surprised if defaults were up actually. A lot of lenders have set up mortages to people who simply were not ready to own a house. But who's fault is that? That doesn't change the fact that interst rates are low, unemployment is low, inflation is low, the stock market is over 11,000 and tax revenues are WAY up for the governemnt. I also see new cars everyhwere, people jamming malls and themeparks. A negative person will say they are living beyond their means. A positive person will say they have created a life where they have things and are living the American dream. If unemployment was huge and interest rates were skyrocketing and the stock market was in a free fall I could see the need to worry and say we are doomed.... doomed...doomed I say!! But that isn't the case and all of us on here are living quite well compared to socialist countries throughout the world.
