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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (309914)11/9/2006 9:42:32 AM
From: American Spirit  Read Replies (1) | Respond to of 1574060
 
Limbaugh cost the GOP the senate with his un-christian mockery of Michael J. Fox's disease. Now Limbaugh is blaming Bushies, claiming he's carried their water for a long time. Excuse me? As if you can separate Limbaugh from Karl Rove. They are basically the same thing. As if Hannity who was also blaming neocons and waxing nostalgically for the days of Reagan.

GW is also going back to daddy and his friends. The very people he snubbed for years. Back to daddy, where he started and where it all ends. A real prodigal son story. How Junior messed everything up then went crying back to daddy to fix it. Waaa!



To: Road Walker who wrote (309914)11/9/2006 1:50:11 PM
From: tejek  Read Replies (1) | Respond to of 1574060
 
A horror story to end all horror stories about flipping spec houses........the stuff of nightmares for people in housing.

The 10 mistakes that make quick-turnaround house investments risky

By NOELLE KNOX

USA Today

A flipper's 10 mistakes

SACRAMENTO, Calif. — If there's a poster child for everything that went wrong in the real-estate boom, it just might be Casey Serin.

In one year, the 24-year-old Web-site-designer-turned-real-estate-flipper bought eight homes in four states. In every case but one, he put no money down.

That April, at his peak, Serin had $93,000, which he had taken out of the homes as he bought them. By July, he was broke, desperate for one last deal.

Now? Serin has $140,000 in credit-card and credit-line debt and five houses in foreclosure. Last month, he started iamfacingforeclosure.com, a blog that's drawn both notes of condolence and expletive-laced condemnation.

"I did some stuff shady, but I'm not going to hide from it," he says. "Somebody can learn from it. I've already had people contact me and say, 'Hey, I'm in the same place.' "

The rise and fall of Casey Serin is a tale with moral and financial lessons for real-estate buyers, lenders and regulators.

Having consumed real-estate guides and seminars, Serin made just about every mistake a newbie could make — most of them, he admits, were no one's fault but his own — from fudging loan applications to buying homes sight-unseen.

That he began with bold dreams of class mobility makes his fall a peculiarly American saga.

Serin didn't know much about real estate at 19, when he bought his first condo.

As a Web-site designer, Serin was earning $35,000 a year at S.M.A.R.T. Association, a maker of marketing systems for health-care providers.

read more...........

seattletimes.nwsource.com



To: Road Walker who wrote (309914)11/10/2006 8:51:21 AM
From: Alighieri  Read Replies (1) | Respond to of 1574060
 
Limbaugh and Hannity have a problem. They woke up yesterday and realized they were part of the problem, and the bulk of their audience had drifted towards the center. Somehow they will have to follow that drift or become irrelevant.

I hope you are right...for me these two, and others like them, symbolize true ideological treason, that is the drive to win ugly power, captured at the expense of national unity, not at the political level, i know this is always the case, but really dividing peoples along ideological, gutteral lines.

Tuesday was a good day for the country.

Yes, if the lesson is a lasting one. Sadly vietnam is not so far away and we still did iraq. People seem to have a short memory.

Al