Comments on: The Consequences of “Everyone Should Get To Own Their Own Home” http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/ It rankles me when somebody tries to tell somebody what to do. Fri, 10 Feb 2012 20:08:14 +0000 hourly 1 http://wordpress.org/?v=3.2 By: VALERIE http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-379588 VALERIE Mon, 28 Dec 2009 20:45:17 +0000 http://www.theagitator.com/?p=10734#comment-379588 this post is full of sense and knowledge that should all of us must learn. this post is full of sense and knowledge that should all of us must learn.

]]> By: Brief Essays With Pictures » Blog Archive » Thoughts On The Economy http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186397 Brief Essays With Pictures » Blog Archive » Thoughts On The Economy Tue, 30 Sep 2008 17:58:13 +0000 http://www.theagitator.com/?p=10734#comment-186397 [...] events; it’s quite another to celebrate in the midst of a crisis that is hurting real people. You can be right without being a dick, and sitting around and gloating during a period of intense economic pain for people is precisely [...] [...] events; it’s quite another to celebrate in the midst of a crisis that is hurting real people. You can be right without being a dick, and sitting around and gloating during a period of intense economic pain for people is precisely [...]

]]> By: Walden63 http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186388 Walden63 Tue, 30 Sep 2008 16:40:54 +0000 http://www.theagitator.com/?p=10734#comment-186388 <I>Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.</I> Unless we're talking about Reagan Democrats here, aren't these usually the same people who are constantly demanding tighter and tighter regulations on all businesses? Are they completely blind to the fact that the same regulations that stifle lenders would also stifle, say, local restaurants, or national "big-box" stores, or pretty much any other kind of business? I'm continually amazed by the selectivity of elected officials' outrage. Among the groups denouncing the proposal today were the National Association of Home Builders and Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.

Unless we’re talking about Reagan Democrats here, aren’t these usually the same people who are constantly demanding tighter and tighter regulations on all businesses? Are they completely blind to the fact that the same regulations that stifle lenders would also stifle, say, local restaurants, or national “big-box” stores, or pretty much any other kind of business? I’m continually amazed by the selectivity of elected officials’ outrage.

]]> By: freedomfan http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186124 freedomfan Tue, 30 Sep 2008 01:24:34 +0000 http://www.theagitator.com/?p=10734#comment-186124 <a href="http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/#comment-186046" rel="nofollow">Lee</a>, <blockquote>The Administration was proposing more regulations for the housing industry (which as libertarians we see as bad) and 2 democrats were opposed to this additional regulation for non-libertarian reasons (but they were still opposed).</blockquote> There's a critical distinction in who was to be the target of that proposed legislation. It's more along the lines of "The Administration was proposing more regulations and oversight of the <em>government entities</em> which interfere in the housing industry (and whose existence we, as libertarians, see as bad) and 2 Democrats were opposed to this additional regulation as it limited the government's ability to use the GSEs for risky social engineering." Lee,
The Administration was proposing more regulations for the housing industry (which as libertarians we see as bad) and 2 democrats were opposed to this additional regulation for non-libertarian reasons (but they were still opposed).

There’s a critical distinction in who was to be the target of that proposed legislation. It’s more along the lines of “The Administration was proposing more regulations and oversight of the government entities which interfere in the housing industry (and whose existence we, as libertarians, see as bad) and 2 Democrats were opposed to this additional regulation as it limited the government’s ability to use the GSEs for risky social engineering.”

]]> By: Other-Brand.com http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186100 Other-Brand.com Tue, 30 Sep 2008 00:11:15 +0000 http://www.theagitator.com/?p=10734#comment-186100 Sick of Red and Blue? Wear your support of neither! Check out: http://www.other-brand.com/Political_s/3.htm Sick of Red and Blue? Wear your support of neither!
Check out:
http://www.other-brand.com/Political_s/3.htm

]]> By: Randy121 http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186087 Randy121 Mon, 29 Sep 2008 23:23:53 +0000 http://www.theagitator.com/?p=10734#comment-186087 That was five years ago, right? And those two guys cowed the entire financial establishment into avoiding regulation. Now that's power! That was five years ago, right? And those two guys cowed the entire financial establishment into avoiding regulation. Now that’s power!

]]> By: Ron Good http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186057 Ron Good Mon, 29 Sep 2008 22:48:06 +0000 http://www.theagitator.com/?p=10734#comment-186057 <em>Did I get that right?</em> No. Did I get that right?

No.

]]> By: Honeyko http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186052 Honeyko Mon, 29 Sep 2008 22:44:17 +0000 http://www.theagitator.com/?p=10734#comment-186052 It's OK, Matt; ya just have to <i>short</i> those downticks and cover at the bottom! (I was up 18% today. Come ta Papa.) <b><a href="http://www.youtube.com/profile_videos?user=kdenninger" rel="nofollow">Here's all of Karl Denninger's videos</a></b>, sorted by date. Check out the two most recent. Why did the market tank today? -- Half of it was Monday profit-taking from the opening-bell as well as an Apple Computer dowgrade crushing the Nasdaq. Then it went flat for awhile as the voting went on. Then it tanked after the bill failed. Why? <i><b>Institutions were unloading their portfolios</b></i>. Why? Because, denied the ability to loot the taxpayers, they now know they're going to have to cover their own debts. ==//== Oh, by the way: Paulson printed up another <b><a href="http://www.tickerforum.org/cgi-ticker/akcs-www?post=64021" rel="nofollow">$650 billion of Monopoly Money</a></b> today...not that anyone notices all that counterfeiting going on in broad daylight over at the Fed. It’s OK, Matt; ya just have to short those downticks and cover at the bottom! (I was up 18% today. Come ta Papa.)

Here’s all of Karl Denninger’s videos, sorted by date. Check out the two most recent.

Why did the market tank today?

– Half of it was Monday profit-taking from the opening-bell as well as an Apple Computer dowgrade crushing the Nasdaq. Then it went flat for awhile as the voting went on. Then it tanked after the bill failed. Why? Institutions were unloading their portfolios. Why? Because, denied the ability to loot the taxpayers, they now know they’re going to have to cover their own debts.

==//==

Oh, by the way: Paulson printed up another $650 billion of Monopoly Money today…not that anyone notices all that counterfeiting going on in broad daylight over at the Fed.

]]> By: Lee http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186046 Lee Mon, 29 Sep 2008 22:25:44 +0000 http://www.theagitator.com/?p=10734#comment-186046 To sum up the article... The Administration was proposing more regulations for the housing industry (which as libertarians we see as bad) and 2 democrats were opposed to this additional regulation for non-libertarian reasons (but they were still opposed). Did I get that right? So was it regulation or the lack thereof or a combination of the 2 that we ended up with this mess? To sum up the article…

The Administration was proposing more regulations for the housing industry (which as libertarians we see as bad) and 2 democrats were opposed to this additional regulation for non-libertarian reasons (but they were still opposed).

Did I get that right?

So was it regulation or the lack thereof or a combination of the 2 that we ended up with this mess?

]]> By: Willy http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186042 Willy Mon, 29 Sep 2008 22:15:38 +0000 http://www.theagitator.com/?p=10734#comment-186042 should of said " went way way up in value" sorry should of said ” went way way up in value” sorry

]]> By: Willy http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186040 Willy Mon, 29 Sep 2008 22:13:58 +0000 http://www.theagitator.com/?p=10734#comment-186040 I was one of those risky loaners. And I tell you, I told the truth on the application, but the A-hole who was "arranging" the loan smudged the truth to "help us" get approved. We waited a year to get it, after repeated stalling and points added on we finally got our piece of $hit house. Luckily this house when way way up in value and I sold it. Now for the record I would just like to point out that they used people like me to make money, and keep the machine running for a few more years. And of course to make money off of everybody involved . So please keep this in mind before blaming the poor or minorities for all this...Stuff. Thanks for listening,Will I was one of those risky loaners. And I tell you, I told the truth on the application, but the A-hole who was “arranging” the loan smudged the truth to “help us” get approved. We waited a year to get it, after repeated stalling and points added on we finally got our piece of $hit house. Luckily this house when way way up in value and I sold it.
Now for the record I would just like to point out that they used people like me to make money, and keep the machine running for a few more years. And of course to make money off of everybody involved .
So please keep this in mind before blaming the poor or minorities for all this…Stuff. Thanks for listening,Will

]]> By: Matt http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186037 Matt Mon, 29 Sep 2008 21:59:57 +0000 http://www.theagitator.com/?p=10734#comment-186037 I think Honeyko had a link to a Youtube video commenting on the Honrable Frank and Watts and their initiatives to help the poor with subprimes. If I remember correctly, this NY Times article was mentioned. He also had 3 down ticks because of it. But I guess when Radley brings it up, its ok. I think Honeyko had a link to a Youtube video commenting on the Honrable Frank and Watts and their initiatives to help the poor with subprimes. If I remember correctly, this NY Times article was mentioned. He also had 3 down ticks because of it. But I guess when Radley brings it up, its ok.

]]> By: Brandon Bowers http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186032 Brandon Bowers Mon, 29 Sep 2008 21:49:52 +0000 http://www.theagitator.com/?p=10734#comment-186032 Wow, it's almost like they were trying to bring this exact scenario about. Maybe they wanted this to happen so the government could gallop in on their $700 billion dollar white horse (don't ask where the money for the horse came from) and save us all from "Capitalism." It is a convenient excuse for another increase in government power. Wow, it’s almost like they were trying to bring this exact scenario about. Maybe they wanted this to happen so the government could gallop in on their $700 billion dollar white horse (don’t ask where the money for the horse came from) and save us all from “Capitalism.” It is a convenient excuse for another increase in government power.

]]> By: Zeb http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186030 Zeb Mon, 29 Sep 2008 21:44:13 +0000 http://www.theagitator.com/?p=10734#comment-186030 Let's see, running up real estate prices to artificial (and unaffordable to most) levels is a good way to create affordable housing? Let’s see, running up real estate prices to artificial (and unaffordable to most) levels is a good way to create affordable housing?

]]> By: Lee http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186028 Lee Mon, 29 Sep 2008 21:38:35 +0000 http://www.theagitator.com/?p=10734#comment-186028 low-income & affordable housing != the sub-prime mess (definitely a subset of the problem, but not its entirety). FWIW, 60% of sub-prime loans were refinances. low-income & affordable housing != the sub-prime mess

(definitely a subset of the problem, but not its entirety).

FWIW, 60% of sub-prime loans were refinances.

]]> By: Bot http://www.theagitator.com/2008/09/29/the-consequences-of-everyone-should-get-to-own-their-own-home/comment-page-1/#comment-186026 Bot Mon, 29 Sep 2008 21:29:31 +0000 http://www.theagitator.com/?p=10734#comment-186026 Allow me to <a href="http://www.theagitator.com/2008/09/22/dont-call-it-capitalism/#comment-183937" rel="nofollow">reiterate.</a> Allow me to reiterate.

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