Housing bailout - Page 7

millerm277 · 09-24-2008, 01:47 AM

Personally, I need to research exactly what they're doing more before I can say too much here, I admit I don't know enough.

Now then, for opinion:

I don't really give a damn if the people who were too lazy to read and comprehend what they were signing lose their house because they can't pay the mortgage.

I especially don't give a damn if the people who understood it, and made a bet that the values would go up and they'd be able to make a profit off it, lose their houses. To me, that's the same as making a bet in the stock market, sometimes you win, sometimes you lose. How often that is depends on your knowledge and research. If you couldn't afford to lose, you probably shouldn't have made the bet in the first place.

I don't want the banks to fail in a catastrophic way, and I don't want anyone to lose FDIC insured money. Now then....from my currently rudimentary understanding of things, it's probably necessary for some intervention, but I would like to see that bill to also have attached to it the laws to stop this from repeating itself.

Understanding how those views fit into what's going on will probably be a project for saturday, or whatever night I have insomnia this week.

Enyo · 09-24-2008, 02:25 AM

Quote:

Originally Posted by IlyaK1986

The fact that this poll is a predominant "no" just shows how economically retarded people are.

I'm noticing a trend with you. Are you not capable of civil disagreement?

IlyaK1986 · 09-24-2008, 02:54 AM

Quote:

Originally Posted by Enyo

I'm noticing a trend with you. Are you not capable of civil disagreement?

Nobody ever made history for conforming to the masses. Plus, I'm an ENTJ. That's carte blanche to tell it like it is.

Enyo · 09-24-2008, 03:03 AM

*shakes head* Telling it like it is doesn't preclude civility. My mom always said that you can't always be nice and truthful at the same time. But something that I've learned over the years is that being deliberately insulting says more about you than the person that you are addressing. It also gives you a good chance of losing your audience and your message not being heard at all.

It's hard to make history when your message is lost straight to the twit filter.

Lateralus · 12-01-2008, 10:11 PM

+ "Real Estate Downfall" via YouTube

View Poll Results: Do you support the housing bailout legislation?
Yes	6	25.00%
No	15	62.50%
Other (explain)	3	12.50%
Voters: 24. You may not vote on this poll

09-24-2008, 01:47 AM	#61 (permalink)
millerm277 Senior Member Join Date: Feb 2008 Type: ISTP Location: NJ Posts: 808	Personally, I need to research exactly what they're doing more before I can say too much here, I admit I don't know enough. Now then, for opinion: I don't really give a damn if the people who were too lazy to read and comprehend what they were signing lose their house because they can't pay the mortgage. I especially don't give a damn if the people who understood it, and made a bet that the values would go up and they'd be able to make a profit off it, lose their houses. To me, that's the same as making a bet in the stock market, sometimes you win, sometimes you lose. How often that is depends on your knowledge and research. If you couldn't afford to lose, you probably shouldn't have made the bet in the first place. I don't want the banks to fail in a catastrophic way, and I don't want anyone to lose FDIC insured money. Now then....from my currently rudimentary understanding of things, it's probably necessary for some intervention, but I would like to see that bill to also have attached to it the laws to stop this from repeating itself. Understanding how those views fit into what's going on will probably be a project for saturday, or whatever night I have insomnia this week. __________________ I-95%, S-84%, T-89%, P-84%

09-24-2008, 03:03 AM	#64 (permalink)
Enyo Senior Member Join Date: Aug 2008 Type: xNTJ Location: The frozen tundra Posts: 445	shakes head Telling it like it is doesn't preclude civility. My mom always said that you can't always be nice and truthful at the same time. But something that I've learned over the years is that being deliberately insulting says more about you than the person that you are addressing. It also gives you a good chance of losing your audience and your message not being heard at all. It's hard to make history when your message is lost straight to the twit filter. __________________ "If you can't be a good example, you'll just have to serve as a horrible warning." Catherine Aird

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