The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: posthumousone who wrote (79993)	11/28/2012 9:01:09 AM
From: Bonefish	1 Recommendation Read Replies (3) of 119360

Drop the MIRD? Not going to happen. Just as the COD, debt forgiveness on short sales will be extended. Already hearing the elimination there of would hurt the people that are getting hurt, routine. The idea that these are the people that used poor judgement in the first place, out the window. So the stuff that helped bubble RE will be extended, for the cause. Housing must be propped up at all costs. And man, savers are paying for it. The D's only care about hitting the 'rich'. Even if it brings in little revenue. They still want to get the 'rich'. They don't really care about true tax reform. Or any spending cuts. D'udes like Buffett get a pass on their tax dodges, especially by saying they should be taxed more. Of course Warren just takes a few million in salary while his billions are in trusts or foundations, untaxed or tax defered. Obamacare will be a clusterfcuk because you still have Lawyers and Doctors overcharging, insurance companies over charging. Lawyers a protected class with their PAC and Doctors are in on the 'system' that has made them into the 'rich'. Too late to roll back now. They will quit. Yeah right. Wait until the 20 somethings figure out they have to pay an average of 1600 a year to make up for the new max 3:1 premium ratio vs the seniors which is currently 5:1. And they voted for Mr. Obamas, free lunch.

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