Obama's Plan...."yes we can"...but how do we pay for it?

[Army_of_One]

Originally Posted by Highwayman

Apparently the second highest corporate tax rate in the world isn’t enough.

Keep soaking those evil corporations. Eventually all of our good paying jobs will go overseas.

Yeah...the evil corporations are only the ones that give people jobs, invest in the economy and make things happen. We should tax them out of existence.

[Bubba]

Originally Posted by Army_of_One

Yeah...the evil corporations are only the ones that give people jobs...

No they're not, you can always get a job in the Army when the evil corporations stop giving jobs.

[Army_Strong]

Originally Posted by Bubba

No they're not, you can always get a job in the Army when the evil corporations stop giving jobs.

You don't just "GET" a job in the Army. You have to earn a job in the Army. We don't just take anyone!

[Bubba]

Army is always trying to get people in. On many threads he has said that the Army is hiring. I just thought I would help him out on this one.

[88-31-10]

It's not just a job, it's an adventure!

[SGT T.]

Yes, feel free to join up! Come on over here and learn just how efficient the Military really is! And hey, while you're here, you can learn a few things too, like the sound of incoming mortars vs. the sound of incoming rockets! Ah, good times.

So let me ask you this? Is the economy back there really up a creek like we're hearing over here? I mean, the wife has given me permission to continue with my recruiter packet, but only if I can get Manhattan, because there are already 6 houses on my street for sale, so chances of getting what we paid for it are slim. So until this clears up, Ft. Riley is where I'll be.

[Army_of_One]

Originally Posted by SGT T.

Yes, feel free to join up! Come on over here and learn just how efficient the Military really is! And hey, while you're here, you can learn a few things too, like the sound of incoming mortars vs. the sound of incoming rockets! Ah, good times.

So let me ask you this? Is the economy back there really up a creek like we're hearing over here? I mean, the wife has given me permission to continue with my recruiter packet, but only if I can get Manhattan, because there are already 6 houses on my street for sale, so chances of getting what we paid for it are slim. So until this clears up, Ft. Riley is where I'll be.

Personally I don't think the economy is THAT bad. One sector of the economy is blowing up right now housing/mortgage but that happens. (tech bubble/enron/etc) It has a trickle down effect obviously but things aren't as bad as the media portrays. If the media says the economy is bad people believe it then they want change and BO can come in and "fix" everything...if it's not broken he can't fix it so it HAS to be broken.

A lot of people losing their houses are people that probably shouldn't had that house in the first place. It would be like me trying to drive a Ferrari on my income...and having my payment go up...I would be so stretched out driving it that I couldn't afford the payment to go up anymore and lose it.

There are still lots of places hiring. The stock market is still going up. We are not in an official recession. The mortgage thing will be just like the tech stocks...the bubble burst, it will correct and we will drive on from there.

There was an article in the paper here in Dodge that the "mortgage issue" hasn't really reached Dodge that much. I guess that's because the people here don't have ARM's on their homes.

Good ruck with recruiting raggy...

[Detector]

The housing market went on a selling binge from lenders qualifying buyers who shouldn't have qualified. Kind of like when some car dealers have one of those "nobody turned down" sales. It's great for awhile until the buyers cannot keep up with the payments. Then it's repo time. And of course the economy gets blamed instead of the lenders trying to meet a sales quota.

[Army_of_One]

If you want to worry about something that will effect us more directly look at how wheat and corn prices are going up up up. That will trickle down to A LOT of things we buy at the grocery store. We will feel that in our every day live's more than the mortgage crisis.

[Army_of_One]

Originally Posted by Detector

the economy gets blamed instead of the lenders trying to meet a sales quota.

and of course the Bush Administration.

My niece works in the mortgage industry. She told me about some of the practices of some lenders.

She said they fudge applications to get people into houses they can't afford. She also said that people are told more than once that if the interest rate goes up their payment will go up and THEY UNDERSTAND that but they buy anyway...then when the payments go up they can't make the payment and we have the situation we have now.