16 Jul
Weekly Open Thread
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Friday, July 16th, 2010 at 9:37 pm | 265 views
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Here is a capitalistic way to get out of the real estate problem. I believe the price of property is too high. With the “miracle” of compound interest, both parties (such as a bank and the buyer) can make money off the deal. I’m guessing the government should step in and bash the banks for refusing to do this earlier. The first step is to unload the property at half price, but not to anybody that has walked away from a loan in the past 10 years.
To keep it simple, here is how it would work for the government. Let’s say the property is “worth” $20,000. The government buys it at $20,000 and sells it for $10,000. The key is the buyer has to get the loan from the federal government. $10,000 over 30 years at 4.5% interest is $37,453.18. $37,453.18 minus $20,000 is $17,453.18.
Let’s say it had used $1 trillion of bailout money to do this. So the government buys $1 trillion in property and sells it for $500 billion. In 30 years, the government would be ahead by $872.66 billion.
The people that were flipping property and using property as an investment would be punished by not being able to take advantage of the deal as many of them were walked away from bad investments. To the person that didn’t walk away and wanted property, they could be buying what was $500,000 for $250,000. $250,000 property could be bought for $125,000. At those prices who wouldn’t be buying property?
That’s an amazingly cool photo. Can anybody ID the bird?
That’s the Olivia Snowe Republicrat bird…. makes its home in a Republican nest but flies with DemonicRats.
Curt, I don’t know where you find these pictures, but they are so great!
Here’s a video I found a few days ago. It does have some religious reference, for those of you who care…warning…this song will stick in your head:
http://www.youtube.com/watch?v=0heL2Czeraw&feature=player_embedded
This looks like some type of pretty little humming bird.
A hummingbird was my first thought too, but it seems to have a predatory little beak and a predator’s forward-facing eyes. It might even be carrying a bit of lunch it’s just caught.
I saved the photo to my desktop, and then I enlarged and rotated it. Instead of predatory, the beak looks more like it has been foreshortened, with a slight telescoped spoon shape at the end. Possibly, it’s simply the angle that gives the beak this appearance, as well as the semblance of something caught in it. Rather than lunch, I get the impression that it’s just the markings around the beak itself.
It might be something called a green bee-eater. I found a photo of one from the side that has similar colors and markings. If so, you’re right about the beak. The bee-eater’s is longish and slightly curved, similar to a hummingbird’s. Not short and hooked like I thought.
DONALD BLY : thank’s for finding the bird’s name before GREG. bye fly with democ rats? or repoblucrat,? I dunno I dunno
Not sure of the bird it is, Mata sent the pictures on to me for some open thread fodder and I liked this one. Here is the Green Bee-Eater greg
On another note that some would be interested in seeing our stats. Here is a global map of the last 130k in visits:
and the breakdown:
CURT thank you for that beautifull bird; BEE EATER?, I nust protect my bees. bye
Not to worry. Only green bees are in danger from the green bee-eater. Every other jelly bean in the jar is safe.
Can someone point me to the civil rights history of the democrats in America. A lengthy list was posted with all of their obstructionist moves but I can’t find the link. Please help!
@Donald Bly:
Donald, this website may not be as detailed as you are looking for, but may help with background information. You could start by looking at the FAQ section perhaps:
http://www.nbra.info/
@SoCal I’ve seen a list of items published at least twice here.. I think by Mike’s America… but alas the search looks at tags… not the content of the comments.
Donald, wish I could help out more! Good luck with that.
@Donald Bly:
See if this is what you are looking for Donald.
I found a couple of things that may match up:
The Democrat Race Lie
Another.
There are more but I’m short on time this morning.
GREG: HI< I was thinking[again] about the BEEEATER, you say only eat GREEN BEES, well
DID you ever see BEES that color green? tell me where they live, and I saw he had a buterfly in his beak, so that tell me if he is hungry enouph, the yellow bee, they would get GREEN from ENVY and consume thoses too, to comply with their environment. bye
@Aye
That was exactly what I was looking for… it would be nice if this information were archived under a “civil rights” heading and tagged, civil rights, democrats, history.
Thanks so much for pointing me in the right direction.
You’re welcome sir.
I will try and take some time over the next few days to create a post with those links, and some others, and archive it with tags for future reference.
I’ve been meaning to go through the categories and drill them down more for the new design. I’ll try to get to those you suggested this weekend.
You guys are great…. I spend a lot of time blogging on the NEA website in the “Politics” forum. For the most part, the number of posters with conservative viewpoints seem to reflect that the country is truly center right. However, there are those that are hell bent on repeating progressive fabrications or simply ignoring the evidence presented to them. The research and clear thinking of the posters at http://www.floppingaces.net have been invaluable in aiding me in providing coherent and concise rebuttals to most of their nonsense. We’ve had 89,000 views on one thread alone.
Thank you again.
HEY TO ALL FA commenters: I got THE ONE, a real one, no bulshit from HIM, ;
no waisted words, straight to you; I say CHECK the right BANNER CONSERVATIVE ADD
WHO IS JOHN GALT? A SALAZAR ASS kicking CONGRESSMAN IS BOB MC CONNELL,
THIS IS THE GUY WE’R LOOKING FOR as THE LEADER