i have never been on this type of site before. i was directing all my remarks to karen anne. i apologize. i have just now realized how to respond directely to people on here i just now went up to respond to you other remark . thank you. and i apprecitate you remark. also, i came here because the site and cnn had marketed this today on tv as a place to where wolf blitzer said" is looking for your ideas on how to solve the financial crises" after i did leave it karenanne wanted to tear my house down. wow i hope they dont ask for my ideas again on tv. this is one tough group of people. no wonder no one wants to give ideas to people in washington... but as for you. thank you for your time. and no, i dont care whether they use my ideas or hitlers. just please, everyone who has any idea, give it to the people who have to make these decisions. its the least we can contribute in this crises
i appreciate your remarks as well as other ideas you suggest. i merely am trying to think in a new way to deal with this new problem. obviously, i have not gone into the details here. but it could lead us or someone to maybe come up with the ideas that might help us.. all your points are valid. controls would have to be placed to prevent those "turnaround" sales....or recapture the donated house price say on a declining basis so they can sell in 5 yrs at 40% penalty, then reduced yearly so govt gets some back
the goal is to just get those car companies NOT to go out of business at this time and to get house prices stabilized.....these are the things that have caused this meltdown
no one including me needs critiques, we need ideas.....everyone needs to be trying their best to come up with new and innovative alternatives. we are in a very severe crises. the derivatives market alone trades almost 470trillion...yes almost half a quadrillion dollars. we cant bail it all out, we have to find other ways
yes you have taught me a lesson, despite cnn assertion that the democrats and obama and biden transition site was seeking the publics ideas on what to do about the financial crises.....that clearly they were lying. you have proved that it was a rouse to get people to put their ideas on here so they could be belittled. congrats
and yes i do believe rent is less than a car payment. am i to believe what i just read. so a car payment is more than rent? a house is less than a car? wow, what an interesting universe that must be.
there are so many things wrong........that i dont know where to begin....lets see, our nation is spiralling into a toilet of a depression.....therefore, there must be something wrong with 2.7trillion in bailouts here, 4 trillion more abroad, 12 trillion in equity and house depreciation in 90 days. its time for us to think of NEW ideas. i am stunned by the lack of rational suggestions on this site. its sad too. it illustrates WHY this nation is spiralling down now at this juncture. even here on this site, at a suggestion, some feel the need to atttack, belittle and even take out imaginary revenge. well clearly, we are doomed. this kind of approach, makes the current government look friendly and brilliant by comparison. sorry, if anyone here doesnt understand, i just assumed they would ask.... or even better yet, give a proposal as an alternative....my moneker...is just to help out
. i am perplexed at how giving the poor a free rent free house and buying their old one would not give them enough money to pay the difference between a foriegn car and an ameircan car. ironic it seems, but if only half the americans who buy foriegn cars would buy american cars tomorrow, the economic crises would abate in about 6 months. pathetic, that people have no concept of how their actions affect so many. i am realatively immune to this crises. but we have to eliminate these surplus houses. buying and tearing them down seems wasteful and expensive. then it hit me to use the right of eminent domain and get poor people out of slums and into the empty foreclosed houses at no cost to them. that was how my idea came about__to tear down the slums and give free houses to the poor, in fact their standard of living might be so elevated by this act that they might not need help as much as before. we dont do this now, because of the cost,,,,,but with 4 million surplus houses on the market and trillions spent...this is a cheap
i would love the government to pay me the full asking price for my home and tear it down. so would the 14million homeowners who are now upside down. __the poor get the money to buy cars quite simply. because we just bought their home from them for cash and gave them a new and better one. no more rent or house payments or if they were the owner, then they got lumpsum. and i dont know why you made that offer at the end. i think your generous offer to have the taxpayers, yourself included buy my home at full listing price is generous beyond belief. and i might add, what you do with it after you pay me i could care less.. i
and why wouldnt you recycle the products in the buildings torn down? did is say not to? the houses get empty because you buy them from the people who live in them, as i clearly stated. in addition, because you buy the cheapest poorest houses in slummy areas, which we will eventually buy and tear down anyway to make better homes for the poor, you then put these people in BETTER homes which you buy in the open market, which are currently for sale of 4 million right now, and you buy, of course the cheapest ones for sale, and you buy ONLY ONES that are now empty....and give them FREE to the million people whose slum houses you just bought and tore down. the goal is to RAISE the stock price of the companies, by raising the value of the derivatives and mortgage backed securities, by raising the price of ALL HOUSES in the market, by MAKING LESS houses in the market.....and i might add raising the value of all our homes, reducing the likey foreclosures from upsidedown owners, reduce the risk of at least 1 million mortgages on the units for sale, now purchased at FULL PRICE, and to the extent that poor slum housing is risky...alll the mortgage debt risk associated with the homes bought and destroyed
millions of houses taken off the market, millions of cars sold, millions of households with no housing costs, surely this would raise dramatically the value of the remaining houses for sale....and in turn ALL THE MORTGAGE BACKED SECURITIES around the world and in turn the derivatives and stocks of their holders...you know...AIG , CITI and so on...in fact FANNIE AND FREDDIE would benefit...and the taxpayer as guarantor of last resort and as holder of paper recently backed by proposals of the government...that is all thank you
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