lowing
Banned
+1,662|6954|USA

Spark wrote:

lowing wrote:

Spark wrote:

As commendable as a personal responsibility ethic is, I remain astounded by your idea that the government should not help the poor... do you believe this is just giving handouts to freeloaders too?
On the surface, I see where you are coming from, but lets get real for a second.

If your position is now the govt. should buy people homes now, tell me what incentive do I have to do anything for myself. Why should  Itake the position of working hard busting my ass, if all I SHOULD have to do ( according to you ) is go stand in line for a house?

We live in a country where we are provided the tools to HELP OURSELVES. It is a crazy concept I know, but i works well for those that but forth the effort.


Where do you get this idea that I am supposed to work for the collective? That all of my efforts are supposed to go, NOT toward my family, but toward everyone else? I am sorry, there are programs in place to help people that I help pay for. Using these probrams to better yuorself is on you, NOT me. I really couldn't care less if you better yourself or not. I have my own life to monitor.
This is better and much more sensible.

Your point is extremely valid, but from a policy-making point of view, very problematic. How are you going to stop them being a burden on society? Not give them anything? They turn to crime to make a living - all of them. Kill them off? Um...

Your only option is to give them something. A spark to get them towards higher things. I take the example of microcredit, where you give people just enough so that they can make their own personal income (there does exist a point below which you don't have the resources to start getting your own income, regardless of how hard you try [generally speaking]). Such a system has worked wonders in many countries, especially Bangladesh. It's based on the same principle that welfare (should) be based on - you're giving so they can start making.

"But," you say,
microloans have less appeal in the US, because people think it too difficult to escape poverty through private enterprise.
Unfortunately this is a problem without an easy, practical solution. Grassroots is the only thing that can fix that, I think. It is incredibly difficult (from firsthand experience) to motivate those who don't care.

I guess I agree with you, now that I think of my own experiences. This is a problem of culture and attitude in Western society. I wouldn't call it "entitlement", most people still accept that they have to do some work, but "expectation" is what I'd call it - people expect that they will get a job and are confused when they're told they're not qualified enough (to use a very, very, very weak example).

(I'm bearing in mind the comment someone I knew made, though, who remarked that your outlook risked a form of social darwinism)

My point is, though, from a policy point of view, ignoring the lower class will do far more harm than good, for many reasons (the above statement being one).

(sorry if a little incoherent, too much maths)
Well we already provide for our poor, problem is they are always wanting more provisions. With the ever increasing handouts, their incentive and initiative to work goes down even more. MY problem is, with every increased handout, my efforts for my family gets undermined. Now I am expected to buy them HOUSES???

As far as your observation that ignoring them will only lead to crime, you are right, but I am not prepared to accept extortion, with the threat of being robbed or killed if I don't pay up. Because of this, what people are doing is escaping,deeper into the suburbs, with long commutes, hoping to get out of reach of the mass transit system.

Why do you think the cities are falling apart? Those with money have left the bullshit behind and refuse to deal with the parasites. If this isn't evidence enough to be good to people with money I don't know what is.

Last edited by lowing (2009-03-11 05:22:37)

lowing
Banned
+1,662|6954|USA

Varegg wrote:

lowing wrote:

Varegg wrote:

Do you have pride lowing?

I'm sure the answer to that question is yes so I might just ask the next ...

Would you change pride for standing in a line asking for food and housing?

I'm sure the answer to that question is no so I might just ask the next ...

Do you think those standing in line for food and housing would change that for pride in managing their own lives like you do if they could?
yes I have pride.

there already are programs that assist in food and housing. You now want to step it up and provide OWNERSHIP for those things they can not afford, with me paying the bills. Sorry we live in an equal society, so if I gotta get a job and pay for my shit, so do you. It is not " FAIR" that I am shouldered with working for both of us. Remember "fair"? Yeah it was real catchy during the elections.

They live in a free country with all the liberties and freedoms they need to better their situations. The only ingredient they need to provide is ambition. Sorry, I used all mine on myself. If they do not want to drink the water that is already provided ( social programs  loand and grants to better yourself) that is on them, and not me.
You didn't answer the last question ...
Yes I did. Last paragraph. but I will be more clear. 


NO because in order to live my life "like I do" effort is required and:
They live in a free country with all the liberties and freedoms they need to better their situations. The only ingredient they need to provide is ambition. Sorry, I used all mine on myself. If they do not want to drink the water that is already provided ( social programs  loand and grants to better yourself) that is on them, and not me
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6456|what

lowing wrote:

They live in a free country with all the liberties and freedoms they need to better their situations. The only ingredient they need to provide is ambition.
You get hired by employers based on more than just ambition.
https://i.imgur.com/maVpUMN.png
lowing
Banned
+1,662|6954|USA

AussieReaper wrote:

lowing wrote:

They live in a free country with all the liberties and freedoms they need to better their situations. The only ingredient they need to provide is ambition.
You get hired by employers based on more than just ambition.
Yup, ambition is personal, and you're noticed by what you have done with yours.

Last edited by lowing (2009-03-11 05:59:18)

AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6456|what

lowing wrote:

AussieReaper wrote:

lowing wrote:

They live in a free country with all the liberties and freedoms they need to better their situations. The only ingredient they need to provide is ambition.
You get hired by employers based on more than just ambition.
Yup, ambition is personal, and you noticed by what you have done with yours.
An Information Technology degree from Newcastle University? I was lucky to have the education I did, and I know not all were afforded the pure luck of being born into the conditions I was of a stable family who were able to provide for me while I was a non-working student.

Ambition can mean more to someone who is gifted with opportunity than someone equally ambitious but through no fault of their own denied such luxury.

Last edited by AussieReaper (2009-03-11 05:42:33)

https://i.imgur.com/maVpUMN.png
FatherTed
xD
+3,936|6803|so randum
Quick question, because i don't know;

Do you have council housing in America?
Small hourglass island
Always raining and foggy
Use an umbrella
lowing
Banned
+1,662|6954|USA

AussieReaper wrote:

lowing wrote:

AussieReaper wrote:


You get hired by employers based on more than just ambition.
Yup, ambition is personal, and you noticed by what you have done with yours.
An Information Technology degree from Newcastle University? I was lucky to have the education I did, and I know not all were afforded the pure luck of being born into the conditions I was of a stable family who were able to provide for me while I was a non-working student.

Ambition can mean more to someone who is gifted with opportunity than someone equally ambitious but through no fault of their own denied such luxury.
Opportunity is not a luxury, we are all afforded it. It comes down to life isn't fair and never will be. Some have to muster up more ambition than others to attain a given goal this is true, but those the persist are rewarded for their efforts.
AussieReaper
( ͡° ͜ʖ ͡°)
+5,761|6456|what

lowing wrote:

Opportunity is not a luxury, we are all afforded it. It comes down to life isn't fair and never will be. Some have to muster up more ambition than others to attain a given goal this is true, but those the persist are rewarded for their efforts.
How can you say we are all offered opportunity in the same sentence you say it is not a luxury?
https://i.imgur.com/maVpUMN.png
lowing
Banned
+1,662|6954|USA

AussieReaper wrote:

lowing wrote:

Opportunity is not a luxury, we are all afforded it. It comes down to life isn't fair and never will be. Some have to muster up more ambition than others to attain a given goal this is true, but those the persist are rewarded for their efforts.
How can you say we are all offered opportunity in the same sentence you say it is not a luxury?
Pretty damn easy. In America we are all afforded by our Constitution the right to life liberty and the PURSUIT of happiness.

Now, I bow to the fact that 50 years ago this argument would not hold much water, but today? Yeah it is valid.
lowing
Banned
+1,662|6954|USA

FatherTed wrote:

Quick question, because i don't know;

Do you have council housing in America?
If there is, I have not heard of it. I am not familiar with that term, anyway.
Varegg
Support fanatic :-)
+2,206|7113|Nårvei

So by your answer I can asume that you think those without food and housing wouldn't rather have pride and a steady income if they could ...

Oppurtunity is for some a luxury lowing ... and some that persist doesn't always get the reward ...
Wait behind the line ..............................................................
m3thod
All kiiiiiiiiinds of gainz
+2,197|6974|UK

lowing wrote:

FatherTed wrote:

Quick question, because i don't know;

Do you have council housing in America?
If there is, I have not heard of it. I am not familiar with that term, anyway.
The Projects? 

Homes provided by the state/local authority on very low rent.  Often shitty quality and infested with trailer trasher or chavs depending on which side of the pond you are.
Blackbelts are just whitebelts who have never quit.
lowing
Banned
+1,662|6954|USA

Varegg wrote:

So by your answer I can asume that you think those without food and housing wouldn't rather have pride and a steady income if they could ...

Oppurtunity is for some a luxury lowing ... and some that persist doesn't always get the reward ...
Not according to our Constitution. We have helping hand programs in place, it is too bad more are interested in hand outs than hand ups.

Try offering a day job to a guy begging on the street. See if he takes it, over the 20 bucks you might offer.
lowing
Banned
+1,662|6954|USA

m3thod wrote:

lowing wrote:

FatherTed wrote:

Quick question, because i don't know;

Do you have council housing in America?
If there is, I have not heard of it. I am not familiar with that term, anyway.
The Projects? 

Homes provided by the state/local authority on very low rent.  Often shitty quality and infested with trailer trasher or chavs depending on which side of the pond you are.
Ok those we have, and what exaxtly makes the projects "the projects". It is the people. The same, I don't give a fuck attitude, that holds one back,also keeps the projects from being what it was meant to be, affordable housing for those that need a hand up, to what it really is, a run down drug infested crime ridden zoo.

It is the people who make the projects what they are. It is a hand up and the people turn it into trash, and now you want me to buy them a house?
cpt.fass1
The Cap'n Can Make it Hap'n
+329|6999|NJ
well project housing actually holds on back.. It's sad really and a major flaw in the system. If a person is living in one they have no real insentive to improve their situation. The way low income housing works is that they have to pay a % of there income towards it, if they make 1000 a month they'll pay 300. Now if their income goes up so does the rent 3k goes to up to 900 dollars in rent and so on.

If the person does end up improveing they're situation and making more money they also loss other benifits such as food stamps. So for said indivuduals or family less money actually equals a better living condition and more money in there pocket.

Also they've done away with all the embarrising factors of living off of governement programs. People don't use food stamps anymore or have to eat government cheese, now they get credit cards to use at grocery stores so it's not embarrising.. It's a flawed system for people to survive and actually to survive decently.
lowing
Banned
+1,662|6954|USA

cpt.fass1 wrote:

well project housing actually holds on back.. It's sad really and a major flaw in the system. If a person is living in one they have no real insentive to improve their situation. The way low income housing works is that they have to pay a % of there income towards it, if they make 1000 a month they'll pay 300. Now if their income goes up so does the rent 3k goes to up to 900 dollars in rent and so on.

If the person does end up improveing they're situation and making more money they also loss other benifits such as food stamps. So for said indivuduals or family less money actually equals a better living condition and more money in there pocket.

Also they've done away with all the embarrising factors of living off of governement programs. People don't use food stamps anymore or have to eat government cheese, now they get credit cards to use at grocery stores so it's not embarrising.. It's a flawed system for people to survive and actually to survive decently.
In short coddling hinders, it does not help, but those that seek votes are not trying to hear that. They can not afford to hear it, for if they do, they will never win another election. Entitlement over earning is the key to power for the democrats.

again, what is a poor person interested in, earning 100 dollars to help roof a house, or a 50 dollar handout?
cpt.fass1
The Cap'n Can Make it Hap'n
+329|6999|NJ
It just takes away desire to improve your situation.. If you lived in sub par houseing and were paying little for it would you want to work and improve your situation to pay more for the same housing?

Now if they didn't take away the benefit right away with the improving then it might give people a chance to break the cycle.
lowing
Banned
+1,662|6954|USA

cpt.fass1 wrote:

It just takes away desire to improve your situation.. If you lived in sub par houseing and were paying little for it would you want to work and improve your situation to pay more for the same housing?

Now if they didn't take away the benefit right away with the improving then it might give people a chance to break the cycle.
Glad we can agree, now put that same logic toward punishing the rich for achieving by taxing them harder for doing so.

The more they achieve the more they have taken away. Sound familiar?  Yet most are all for this, in dealing with the rich, but some how feel it is different for everyone else.

It is undeniable that when the rich are allowed improve their situations it improves all of our situations.

Last edited by lowing (2009-03-11 09:13:26)

[F7F7]KiNG_KaDaFFHi
Why walk when you can dance?
+77|6890|sWEEDen
The "poor" people I know would definately roof that house.... lowing my friend...you have very twisted views on "poor" people....

From what I know you didn´t even bother to vote, am I right? Now thats irresponsible and lazy.....

Last edited by [F7F7]KiNG_KaDaFFHi (2009-03-11 09:15:01)

lowing
Banned
+1,662|6954|USA

[F7F7]KiNG_KaDaFFHi wrote:

The "poor" people I know would definately roof that house.... lowing my friend...you have very twisted views on "poor" people....
Oh I am sure, all of a sudden we all know how the poor would rather roof a house for 100 than be given 50. If that were the case during the booming year of construction there should hve been no one out of work, since Mexicans who do not speak English would vome here and have work in 15 minutes.

Sorry, I call bullshit on your statement.
cpt.fass1
The Cap'n Can Make it Hap'n
+329|6999|NJ

lowing wrote:

cpt.fass1 wrote:

It just takes away desire to improve your situation.. If you lived in sub par houseing and were paying little for it would you want to work and improve your situation to pay more for the same housing?

Now if they didn't take away the benefit right away with the improving then it might give people a chance to break the cycle.
Glad we can agree, now put that same logic toward punishing the rich for achieving by taxing them harder for doing so.

The more they achieve the more they have taken away. Sound familiar?  Yet most are all for this, in dealing with the rich, but some how feel it is different for everyone else.

It is undeniable that when the rich are allowed improve their situations it improves all of our situations.
Were as I agree with you on the poor and I think that they need time frames and incentive to improve. Welfare is like crack we need to slowly remove these people from the situation, you can't say ok your situation improved pay us more. Once they're situation improves they should be given time to save a nest egg or at least money to move out. Low income houseing should be low income, and should not increase dramatically the month the people better themself..

The rich is an other situation, when is enough enough, the trickle down effect doesn't work. Power corrupts and with a flooded job market they'll be hireing a work force at a fraction of what the job is worth, making them richer.. The main reason we are at this point is the wealthy has amassed so much weath that the middle man is being cut out.
Kmar
Truth is my Bitch
+5,695|6904|132 and Bush

FEOS wrote:

Kmarion wrote:

Agent_Dung_Bomb wrote:

During those same explosive three years, private investment banks — not Fannie and Freddie — dominated the mortgage loans that were packaged and sold into the secondary mortgage market. In 2005 and 2006, the private sector securitized almost two thirds of all U.S. mortgages, supplanting Fannie and Freddie, according to a number of specialty publications that track this data...

What's more, only commercial banks and thrifts must follow CRA rules. The investment banks don't, nor did the now-bankrupt non-bank lenders such as New Century Financial Corp. and Ameriquest that underwrote most of the subprime loans.

These private non-bank lenders enjoyed a regulatory gap, allowing them to be regulated by 50 different state banking supervisors instead of the federal government. And mortgage brokers, who also weren't subject to federal regulation or the CRA, originated most of the subprime loans.

In a speech last March, Janet Yellen, the president of the Federal Reserve Bank of San Francisco, debunked the notion that the push for affordable housing created today's problems.

"Most of the loans made by depository institutions examined under the CRA have not been higher-priced loans," she said. "The CRA has increased the volume of responsible lending to low- and moderate-income households."
CRA's were setting the bar (driving the market), their private competitors followed trying to protect their market share. Look at the growth of CRA loans over those years. The number of CRA mortgage loans increased by 39 percent between 1993 and 1998, while other loans increased by only 17 percent (more than twice as much as the opposition). The fact is that when the government changed the rules it sent a huge ripple in the way the entire industry did business.
I think we can all be in agreement that two things caused the financial problems we see today:

1. Subprime mortgages
2. Allowing securities to be backed by subprime mortgages

Mortgage-backed securities would not have been nearly the problem they were/are if not for those mortgages being subprime. That is not ideological...it is a pragmatic approach to the causative and contributive factors to the current mess. What could have been done to mitigate this? Only allow the subprimes to be owned by Freddie Mac and Fannie Mae. Private interests should not have been forced/encouraged to lend under subprime conditions. The govt would still be bailing out some homeowners, but the number would be far fewer...and more importantly, the mortgage-backed securities traded amongst the big boys wouldn't have been so ridiculously toxic.
Fannie Mae and Freddie Mac do not originate loans. So I don't know how you would go about making it so they only held them. I personally don't believe in fixing a problem generated by government interference by adding more government interference. .. at least the supply and demand side.
Xbone Stormsurgezz
m3thod
All kiiiiiiiiinds of gainz
+2,197|6974|UK

lowing wrote:

m3thod wrote:

lowing wrote:


If there is, I have not heard of it. I am not familiar with that term, anyway.
The Projects? 

Homes provided by the state/local authority on very low rent.  Often shitty quality and infested with trailer trasher or chavs depending on which side of the pond you are.
Ok those we have, and what exaxtly makes the projects "the projects". It is the people. The same, I don't give a fuck attitude, that holds one back,also keeps the projects from being what it was meant to be, affordable housing for those that need a hand up, to what it really is, a run down drug infested crime ridden zoo.

It is the people who make the projects what they are. It is a hand up and the people turn it into trash, and now you want me to buy them a house?
Nah, i expect you to sit on your plantation counting your immoral earnings.
Blackbelts are just whitebelts who have never quit.
cpt.fass1
The Cap'n Can Make it Hap'n
+329|6999|NJ
As I explained to a friend to mine.. If a company is doing poorly and they're having a hard time paying people, they cut from the bottom and work they're way up. Now it's the CEO's and "rich" people job to make sure that the company stays in the black, so when it hits the red why doesn't it affect the income they make first? Instead they salary cut and lay off the people making the honest living, it's all Ass Backwards
cpt.fass1
The Cap'n Can Make it Hap'n
+329|6999|NJ
Has anyone in the mortgage/real estate business ever done a CRA loan? I know I haven't and I've been doing this for 8 years..

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