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


To: Road Walker who wrote (474168)4/22/2009 6:28:10 PM
From: tejek  Read Replies (1) | Respond to of 1578469
 
Slower growth won't hurt FLA ...

Yeah it really does. So many people are in the 'residential growth' industry; builders, construction workers, Realtors, mortgage brokers, etc. Unemployment will be up over 10% pretty soon.


Frankly, and I know we could argue this for hours but I think faster growth hurts a community much more than slower growth.

Does FLA have a prop 13 kind of law?

Yes, called "save our homes". Jim McMannis bought a house about a year ago and pays double in taxes what I pay after being in the house 17+ years. Totally unfair.


Damn. Then FLA is going down the same path as CA. For a long time, Prop 13 worked in CA because fast growth masked the underlying shortfall in revenues. Its when things started slowing down in the early 90s that CA started coming up short.

So he calls up BOA and just lets loose on them, says "hey man, this ain't MY HOUSE this is YOUR HOUSE. You want it fuking insured then YOU FUKING find me insurance, cause it's no sweat to me if it gets blown away in a hurricane or burns to the ground, but you guys will be screwed". He's on the phone for an 1 1/2 hours and they find the guy insurance from some BOA subsidiary.

Shocking to see a consumer win a battle these days....


You know.......its not so unusual any more. There really is a kind of war going on in this country.....call it a class war if you like but people are not willing to take sheet from big corps. One of the national banks or credit card companies is running a weird ad......the woman's mother comes down with Alzheimer's and she has to quit her job to take care of her. Subsequently, she gets behind on her payments. The bank encourages her to call so they can work things out together. She, of course, is so grateful. It doesn't make a lot of sense but its strange to hear a bank say they will work with you on your financial problems. I guess they are worried about BK.