Feb 9th 2013 2:04PM If banks and other mortgage lenders could not secure their loans they could notmake any. If mortgage financing was not available then all homes could only sell for cash, and how many people couldn then purchase a home?
All of us would suffer greatly, and the economy would collapse.
If you were able to buy a home for cash and went on vacatyion for 6 weeks or needed to go in the hospital for a while, under your thinking ssomeone could just come and take your house.
How would that work for you, and possibly your family?
We all need to think through these situations, and the laws of the land, including who we vote for President.
I wish you the best.
Apr 6th 2011 5:31PM She looks prety good to me and the guys I know.
Sep 25th 2010 2:32PM Walter:
You would need a wheel barrel full of paper currencies to buy a loaf of bread. (check history)
With a 1/10 of an ounce gold coin you could buy 20 or more loaves, and maybe a lot more.
If the economy breaks down it's the currency that collapses not gold.
Gold is going up (as a substitute currency) because many countries, including the US are now inflating their currency by printing more of it, which is largely called inflation.
Jun 2nd 2010 3:47PM This is an absolute tragedy and the magnitude of the spill appears to be the consequence of several factors and our countries environmental and political correct advocates also play a big part. It is my understanding that the reason we are drilling one mile deep rather than in a much shallower and safer location has to do with environmental demands.
This country needs oil and will for a long time but with some new fields I am not sure we need to drill off shore at all.
The Bakken Formation in North Dakota and Montana appears to have between 3 to 4.3 billion barrels of technically recoverable oil in the range of $16 a barrel.
This much oil will supply this countries needs for more than 1000 years and would sure put a dent in our enemies terrorism budgets.
I am not in the business but this seems like a promising way to eliminate several major problems if the information is correct and we, as a country, have the political will to move on.
Feb 8th 2010 3:50PM Your place in the afterlife is not baised on how much money you spend or on what you spend it on.
The gift of pardon is free.
Sep 19th 2006 11:46AM Iraq:
The three state solution might work. What we are doing now doesn't seem to.
Osama bin Laden:
I agree more resources need to be deployed and this leader-saint-killer needs to be stopped no matter where we have to go to get him. I think that most people feel the same.
New sources of energy:
I agree that we need to find new sources but many of the sources we now possess, which could go a long way to relieving our dependence on people that want us dead, but the proven energy resources presently available to mus are not very attractive and seem to be off-limits and are "poticial incorrect", oil in Alaska, nuclear power plants, vast coal resourves and more offshore exploration. I don't think that withour a major shock that we as a country will get serious about developing the resources that we have or to go after new ideas and methods. I do not think that the government, because of politics and poticially correctness can lead us out.
US Balance sheet:
I think that we have a spending problem not a tax probloem. We could go to a flat (consumption) tax and eliminate the IRS and the billions that companies spend on tax preperation, The flat tax could/would reward (not tax) savings. The country would slow as spending would decrease as saving increased and we would need to moderate entrance into, and educate the population to a new system odf saving.
As far as reducing military costs I don't see much hope in that as fundemental Muslems are calling for the destruction and death to all who are not Muslems and reason has not and will not prevail only raw power, and only the kind that can and will be used will be respected.
We need a smaller, more efficient and better focused goverment.