"Yes We Can!"

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Feb 10, 2009 6:15 pm

President Obama delivered a speech in my neck of the woods today
(Ft. Myers, FL). He was greeted by the throngs with a loud chant of,
"Yes We Can! Yes We Can!..." (I know this because the speech was
carried live on every local media outlet, whether we liked it or not).
The purpose of my post is: obviously, President Obama and his frantic,
screaming supporters have the Answer, it's, "Yes We Can!" My query is,
what is the appropriate Question?

Feb 10, 2009 6:52 pm
YHWY:

President Obama delivered a speech in my neck of the woods today (Ft. Myers, FL). He was greeted by the throngs with a loud chant of, "Yes We Can! Yes We Can!..." (I know this because the speech was carried live on every local media outlet, whether we liked it or not). The purpose of my post is: obviously, President Obama and his frantic, screaming supporters have the Answer, it's, "Yes We Can!" My query is, what is the appropriate Question?

 
too be funny..Would say, Can we lose all our money?;
 
but then you could also ask "Can we speak a full sentence without sounding retarded like the previous president?
Feb 10, 2009 8:45 pm

I am in S. Florida and reading about families in St. Lucie and Cape Coral that watch the news to hear about food banks in order to eat. Is it really the "foreclosure ground zero"? Is it really that bad?

Feb 10, 2009 8:46 pm

can we screw this thing up even more than bush?

Feb 10, 2009 9:59 pm

If it don' pass soon, he iz in static
The poll numbers iz not dere fo' dis here porkulous bill

brace yourself foo'!

Feb 10, 2009 10:51 pm
josephjones107:

can we screw this thing up even more than bush?

 
Try looking at history a little farther back than what the Obamination is telling you.  Google Glass-Steagall and the Fair Housing Act.  Stop acting like a sheep.
Feb 11, 2009 6:13 am

Everybody iz at fault
All 535 members o' Congress should be fired
Those who created da problem iz not capable o' fixing it

brace yourself foo'!

Feb 11, 2009 11:36 am

joe shmo is not paying his mortgage. It is his fault.

Feb 11, 2009 3:02 pm
josephjones107:

joe shmo is not paying his mortgage. It is his fault.

 
Yeah!  It's his fault that his company Lehman, Bros that had been around for over a hundred years, got in way over their heads and had to close their doors.  Stupid jerk Joe, you shouldn't have lived beyond your means.  You shouldn't have bought that house two hours away from the city for that price.  I know it was all you could afford that close to your work but you should have known you were going to lose your job.  Joe Shmoe is a jerk.  I blame Joe
Feb 11, 2009 4:00 pm
jkl1v1n6:
josephjones107:

joe shmo is not paying his mortgage. It is his fault.



Yeah! It's his fault that his company Lehman, Bros that had been around for over a hundred years, got in way over their heads and had to close their doors. Stupid jerk Joe, you shouldn't have lived beyond your means. You shouldn't have bought that house two hours away from the city for that price. I know it was all you could afford that close to your work but you should have known you were going to lose your job. Joe Shmoe is a jerk. I blame Joe







If Joe put 20% down, had money saved for a rainy day---say a years worth of mortgage payments, and had a home equity line of credit set up (to tap the 20%) before he got laid off, he'd be fine right now through his transitional period.

Feb 11, 2009 5:12 pm

Joe and all the other millions of unemployed.  There all such losers.  Do you seriously think corporate America has nothing to do with the current state of our economy and that it is all because of individuals? 

Feb 11, 2009 11:07 pm

Can anyone say ninja loans?
How da #$#$#@$@ wuz deez given out?

ya'll is mad stupid.

Feb 12, 2009 9:19 am
jkl1v1n6:

Joe and all the other millions of unemployed. There all such losers. Do you seriously think corporate America has nothing to do with the current state of our economy and that it is all because of individuals?









Blame: 75% greedy individual that is too leveraged

        25% financial insitution that placed too much trust in individual to pay their bills

Feb 12, 2009 10:33 am
josephjones107:
jkl1v1n6:
josephjones107:

joe shmo is not paying his mortgage. It is his fault.

 

Yeah!  It's his fault that his company Lehman, Bros that had been around for over a hundred years, got in way over their heads and had to close their doors.  Stupid jerk Joe, you shouldn't have lived beyond your means.  You shouldn't have bought that house two hours away from the city for that price.  I know it was all you could afford that close to your work but you should have known you were going to lose your job.  Joe Shmoe is a jerk.  I blame Joe




If Joe put 20% down, had money saved for a rainy day---say a years worth of mortgage payments, and had a home equity line of credit set up (to tap the 20%) before he got laid off, he'd be fine right now through his transitional period.

 
Wooooooooooooow.
Feb 12, 2009 3:54 pm

Ske, it's really bad in Cape Coral. The economy was based on construction and that's gone. One of the home builders, First Home, specialized in putting first time home buyers into new houses. Prior to the bust those houses were going for $250 to 300K. FH sold thousands of houses. Today those same houses are selling to live in buyers for 60k and to vultures for 20 to 30k. It's a mess down there.

 
Additionally, entire neighborhoods are becoming ghost towns. Some neighborhoods are destabilizing in that the homes sit unprotected and are being stripped of appliances, AC units and other high priced contents.
 
The combination of paying a 250k mortgage on a house worth one fifth of that amount and the neighborhoods becoming housing scrap yards is causing some to walk on their mortgages thus accelerating the problem. This is also being fueled by the free for all rental market in that area that offers immediate relief for strapped home owners. Some homeowners are willing to take the 450 point FICO score hit to get out from under. Still, for most, leaving their homes isn't a matter of choice. The only jobs available in the area are in the jobs easy to get category.
 
 
It's not a pretty picture.
 
Of course if you've got cash prime waterfront has also taken a hit and it is time to buy.
Feb 12, 2009 6:02 pm
josephjones107:
jkl1v1n6:

Joe and all the other millions of unemployed.  There all such losers.  Do you seriously think corporate America has nothing to do with the current state of our economy and that it is all because of individuals? 





Blame: 75% greedy individual that is too leveraged
        25% financial insitution that placed too much trust in individual to pay their bills

 
I don't even know what to say about this.  Was the spoon really pure silver when you were born?
Feb 12, 2009 7:22 pm
josephjones107:
jkl1v1n6:

Joe and all the other millions of unemployed. There all such losers. Do you seriously think corporate America has nothing to do with the current state of our economy and that it is all because of individuals?









Blame: 75% greedy individual that is too leveraged

        25% financial insitution that placed too much trust in individual to pay their bills





Are you serious!? Let me get this straight financial institutions placed trust in people who have shitty credit, we know they have shitty credit, then sell the loans that they gave them as investments and you think it's the individuals fault? Why do we even have credit scores in the first place? Do you even understand the psychology of low income families? Someone tells you that even though you make minimum wage you can put your family in a nice house, do you know what they are going to say? Hell, yeah boy, hook it up!



Not to say individuals aren't to blame, but let's call it what it is - Corporate greed. And now it feeds into itself as corporations lay people off, further cutting off their ability to pay their bills.











Feb 12, 2009 7:24 pm
GWB43:

Can anyone say ninja loans? How da #$#$#@$@ wuz deez given out?ya'll is mad stupid.







I can't believe I didn't see this until today. That is some funny stuff.