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tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
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| Quote: | Originally posted by David K
Well, if it is personal decisions at fault for this economic disaster across America, that is sure passing the blame off those responsible for the
banking/ housing disaster (Barney Frank, Chris Dodd, etc.). It isn't isolated with a few making bad decisions, the whole country is suffering and we
are WORSE off than 3 1/2 years ago.
Thank God that I had a great run from 1980 to 2008 to build my business, in order to raise my kids from 1988 to 2008 when both had reached 18.
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David,
I think a considerable amount of blame lies with individuals. I'm talking about those that bought RE early on with little or no down, then when they
accrued big equity gains they took out 2nds. With that many bought toys they could otherwise not afford. We all know them. Remember the no income
verification loans, some blame is on the individual that really couldn't afford those loans but was only counting on equity build up of 20%+ yr to
make it pencil.
Ken
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David K
Honored Nomad
Posts: 64857
Registered: 8-30-2002
Location: San Diego County
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Mood: Have Baja Fever
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YES, Ken, very true... and the banks had their arms tied by Frank/ Dodd when the government insisted they loan money to anyone with no regard for
financial ability to pay back the loans.
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tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
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in referring to David K.....
| Quote: | Originally posted by rts551
Blaming others again....instead of the banking industry. Geeze...and if your business did so well after 28 years of all that hard work you must be
retiring about now. Right? |
Was that necessary???
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David K
Honored Nomad
Posts: 64857
Registered: 8-30-2002
Location: San Diego County
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Mood: Have Baja Fever
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Thanks Ken, but the left always resorts to name calling and personal attacks in hopes to silence those that expose the truth of their policy results.
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J.P.
Super Nomad
Posts: 1673
Registered: 7-8-2010
Location: Punta Banda
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Mood: Easy Does It
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| Quote: | Originally posted by David K
Thanks Ken, but the left always resorts to name calling and personal attacks in hopes to silence those that expose the truth of their policy results.
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AAAHHHH David you got it TRUTH'S fortunately we all have Different Truths.
Mine happen to be different from Yours. Political truths have little to do with ones ability to be sucessful or not
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rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
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| Quote: | Originally posted by David K
Thanks Ken, but the left always resorts to name calling and personal attacks in hopes to silence those that expose the truth of their policy results.
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Hey stop right there. You are the one that brought up your work record not me.
"Thank God that I had a great run from 1980 to 2008 to build my business, in order to raise my kids from 1988 to 2008 when both had reached 18. "
And Ken he brought his personal "experience" into this as a way for blaming the "left"
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rts551
Elite Nomad
Posts: 6699
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| Quote: | Originally posted by David K
Thanks Ken, but the left always resorts to name calling and personal attacks in hopes to silence those that expose the truth of their policy results.
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Although the Messiah has spoken, he would be better off deleting his posts (as he threatened to do) rather than blaming others for name calling.
Nothing personal David.
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Barry A.
Select Nomad
Posts: 10007
Registered: 11-30-2003
Location: Redding, Northern CA
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Mood: optimistic
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Frame cracks-------------at the risk of putting everybody to sleep--------my heavy steel CALLEN camper, plus really bad Mexican roads, cracked the
sub-frame on my F-250 several years ago right behind the cab, and the whole truck sagged in the middle. I had the frame on both sides, just behind
the cab (an extended cab), welded up with heavy duty channel iron added to the mix to stiffen, and hopefully strengthen, the frame. It has worked
like a charm, and no further problems since. I had an outfit that hand-built heavy duty utility trailers do the work--------was really happy with what
they did, and I stuck around to see exactly how they did it. They used an arc welder, not gas, so as not to heat the existing frame to much and
damage it's temper (as they explained it).
Barry
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tripledigitken
Ultra Nomad
Posts: 4848
Registered: 9-27-2006
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| Quote: | Originally posted by rts551
| Quote: | Originally posted by David K
Thanks Ken, but the left always resorts to name calling and personal attacks in hopes to silence those that expose the truth of their policy results.
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Hey stop right there. You are the one that brought up your work record not me.
"Thank God that I had a great run from 1980 to 2008 to build my business, in order to raise my kids from 1988 to 2008 when both had reached 18. "
And Ken he brought his personal "experience" into this as a way for blaming the "left" |
Where did I blame the "left"? I didn't. My point was of personal responsibility in ones bad financial decisions.
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rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
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| Quote: | Originally posted by tripledigitken
| Quote: | Originally posted by rts551
| Quote: | Originally posted by David K
Thanks Ken, but the left always resorts to name calling and personal attacks in hopes to silence those that expose the truth of their policy results.
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Hey stop right there. You are the one that brought up your work record not me.
"Thank God that I had a great run from 1980 to 2008 to build my business, in order to raise my kids from 1988 to 2008 when both had reached 18. "
And Ken he brought his personal "experience" into this as a way for blaming the "left" |
Where did I blame the "left"? I didn't. My point was of personal responsibility in ones bad financial decisions. |
First part was response to David. I agree with what you were saying.
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Barry A.
Select Nomad
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Location: Redding, Northern CA
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Mood: optimistic
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Personally, as a rightist, I believe that the "left" had SOMETHING to do with BajaBoy's frame being cracked--------but you lefties have always ASSUMED
that we righties felt that way-------right???
 
Barry
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rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
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| Quote: | Originally posted by Barry A.
Personally, as a rightist, I believe that the "left" had SOMETHING to do with BajaBoy's frame being cracked--------but you lefties have always ASSUMED
that we righties felt that way-------right???
Barry |
By gosh your right this time. At least I assume you know so.
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rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
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| Quote: | Originally posted by whistler
Ralph,nobody handed you your MBA. Happened to know you worked construction to put yourself through school.It seems the generation now wants everything
handed to them.
I played it safe.Went to trade school after the service.Worked while going there.Benefits,pension etc.I didn't take risks.
This nation was founded on risk takers.Thank god for them.It seems the left(I am an independant)wants to punish them. |
Its gotten very easy for either left or right to extend blame rather than looking at what opportunities they have in their own lives. Too many people
want it all without having to work for it. I think most thinking people agree that it was greed that caused the housing bubble. Greed by all parties
in the transaction. Another get rich quick scheme that crashed.
[Edited on 5-18-2012 by rts551]
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Barry A.
Select Nomad
Posts: 10007
Registered: 11-30-2003
Location: Redding, Northern CA
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Mood: optimistic
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| Quote: | Originally posted by rts551
| Quote: | Originally posted by whistler
Ralph,nobody handed you your MBA. Happened to know you worked construction to put yourself through school.It seems the generation now wants everything
handed to them.
I played it safe.Went to trade school after the service.Worked while going there.Benefits,pension etc.I didn't take risks.
This nation was founded on risk takers.Thank god for them.It seems the left(I am an independant)wants to punish them. |
Its gotten very easy for either left or right to extend blame rather than looking at what opportunities they have in their own lives. Too many people
want it all without having to work for it. I think most thinking people agree that it was greed that caused the housing bubble. Greed by all parties
in the transaction. Another get rich quick scheme that crashed.
[Edited on 5-18-2012 by rts551] |
Well said, both Whisler and RTS--------------but "greed" in Man is not going away any time soon, I fear-----so we (all of us) better figure it into
our thinking, and take appropriate steps to protect or hedge ourselves, and/or even take advantage of the greed in others (which, of course is "greed"
thinking in itself). If YOU don't, somebody else always will.
Even if Gordon Gecho was wrong with his "Greed is good" comment (and that is still open to question), Greed is with us and always will be, no matter
how many folks think that Greed is Outrageous!!!
Just my thoughts-------
Barry
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Cypress
Elite Nomad
Posts: 7641
Registered: 3-12-2006
Location: on the bayou
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Mood: undecided
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158 posts about a cracked frame!
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Ken Cooke
Elite Nomad
Posts: 8947
Registered: 2-9-2004
Location: Riverside, CA
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Mood: Pole Line Road postponed due to injury
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| Quote: | Originally posted by J.P.
Hows that Trickle Down Thing Working For YAHHHHHH:
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Don't ask me that question. In 1985, I worked at McDonalds for $3.25/hr. To me, it felt like a complete waste of time for that amount of money. I
was in High School and brought home a whopping $60/month at the time.
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David K
Honored Nomad
Posts: 64857
Registered: 8-30-2002
Location: San Diego County
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Mood: Have Baja Fever
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| Quote: | Originally posted by Ken Cooke
| Quote: | Originally posted by J.P.
Hows that Trickle Down Thing Working For YAHHHHHH:
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Don't ask me that question. In 1985, I worked at McDonalds for $3.25/hr. To me, it felt like a complete waste of time for that amount of money. I
was in High School and brought home a whopping $60/month at the time. |
When I started working, while still in high school, at a pizza place (remember Straw Hat?)... the minimum wage I was paid was $1.90/hr. That was
raised to a whopping $2.10, but it still couldn't pay the gas my Jeep drank to get to the job! Gas had just jumped up to .60/ gallon!
My solution was not to complain, protest, or ask the government for help, but to get a BETTER PAYING JOB! I did, $5/ hr.  Oh, to be 18 again!
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TMW
Select Nomad
Posts: 10659
Registered: 9-1-2003
Location: Bakersfield, CA
Member Is Offline
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| Quote: | Originally posted by Ken Cooke
| Quote: | Originally posted by J.P.
Hows that Trickle Down Thing Working For YAHHHHHH:
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Don't ask me that question. In 1985, I worked at McDonalds for $3.25/hr. To me, it felt like a complete waste of time for that amount of money. I
was in High School and brought home a whopping $60/month at the time. |
If it was a waste of your time why did you work there? Did you not learn something that helped you later or a skill that helped you. I don't think any
job is a waste of time, it is a learning experience to be used to further your education or job experience. I worked a lot of jobs growing up and each
helped me decide on what I wanted to do with my life.
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Ken Cooke
Elite Nomad
Posts: 8947
Registered: 2-9-2004
Location: Riverside, CA
Member Is Offline
Mood: Pole Line Road postponed due to injury
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| Quote: | Originally posted by David K
| Quote: | Originally posted by Ken Cooke
| Quote: | Originally posted by J.P.
Hows that Trickle Down Thing Working For YAHHHHHH:
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Don't ask me that question. In 1985, I worked at McDonalds for $3.25/hr. To me, it felt like a complete waste of time for that amount of money. I
was in High School and brought home a whopping $60/month at the time. |
When I started working, while still in high school, at a pizza place (remember Straw Hat?)... the minimum wage I was paid was $1.90/hr. That was
raised to a whopping $2.10, but it still couldn't pay the gas my Jeep drank to get to the job! Gas had just jumped up to .60/ gallon!
My solution was not to complain, protest, or ask the government for help, but to get a BETTER PAYING JOB! I did, $5/ hr. Oh, to be 18 again! |
In 1985, I drove a 6 cyl. Chevy Nova - Dad paid the gasoline. The gasoline was still cheap, but thanks to one tanker running aground (Exxon Valdez)
gasoline jumped from .75/gal. to $1.35/gal. Can you say RIP OFF!?!
In 1987, I went straight to college.
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TMW
Select Nomad
Posts: 10659
Registered: 9-1-2003
Location: Bakersfield, CA
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At 16 I worked on a farm doing all the various task needing done at $6 for an 8 hour day plus lunch that was 1961. Gas in St Louis was 17cents a
gallon.
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