Usury

2009-09-20 23:51:10

#101

CameronPoe: Member; +2,925|6842

lowing wrote:
I am of the "personal responsibility ilk" and as such, responsible borrowing is included in that belief. I see nothing inconsistent in my view.

Borrowing is not irresponsible, not paying it back is.

Except that you only have partial control over your ability to pay that money back. All the responsibility in the world won't help you pay back a mortgage when you are highly skilled in a particular sector and said sector experiences a prolonged bust (aka like right now across several sectors in a period with a chronic lack of jobs). You ain't gonna pay the mortgage with a McDonalds job. But hey, severe recessions and the prolonged inability to acquire a job don't happen in lowing's version of reality.... being crippled by negative equity during such situations (because everyone is having to sell up) by having to sell your house below cost value doesn't exist either....

If you were 'personally responsible' you would never buy a house because of the uncontollable risk to your ability to repay the mortgage on it. You can't be personally responsible for things outside your own control!

Last edited by CameronPoe (2009-09-20 23:58:41)

2009-09-21 00:02:26

#102

Reciprocity: Member; +721|6868|the dank(super) side of Oregon

when you can't find a job to cover your debt you're supposed to go back to school and get even further into debt. it's quite simple.

2009-09-21 00:03:18

#103

LividBovine: The Year of the Cow!; +175|6667|MN

CameronPoe wrote:
If you were 'personally responsible' you would never buy a house because of the uncontollable risk to your ability to repay the mortgage on it. You can't be personally responsible for things outside your own control!

I would disagree with that statement. I feel you can be personally responsible and still purchase a home, even on credit. You have to take a lot of things into account though.

"The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation" - Barack Obama (a freshman senator from Illinios)

2009-09-21 01:52:17

#104

oug: Calmer than you are.; +380|6806|Πάϊ

Apparently there's lots of people who agree with lowing in the US. I guess it dates back to when communism was demonized... or maybe even further than that, with examples of people who "made it" on their own back when there was no alternative or when things were simpler.

These people today should get some lessons from their own past I say...

Last edited by oug (2009-09-21 01:52:47)

_ƒ³

2009-09-21 04:23:27

#105

lowing: Banned; +1,662|6938|USA

CameronPoe wrote:
lowing wrote:
I am of the "personal responsibility ilk" and as such, responsible borrowing is included in that belief. I see nothing inconsistent in my view.

Borrowing is not irresponsible, not paying it back is.
Except that you only have partial control over your ability to pay that money back. All the responsibility in the world won't help you pay back a mortgage when you are highly skilled in a particular sector and said sector experiences a prolonged bust (aka like right now across several sectors in a period with a chronic lack of jobs). You ain't gonna pay the mortgage with a McDonalds job. But hey, severe recessions and the prolonged inability to acquire a job don't happen in lowing's version of reality.... being crippled by negative equity during such situations (because everyone is having to sell up) by having to sell your house below cost value doesn't exist either....

If you were 'personally responsible' you would never buy a house because of the uncontollable risk to your ability to repay the mortgage on it. You can't be personally responsible for things outside your own control!

Ain't buying it. You could use that line of, factors beyond your control, bullshit for any aspect of life. Fact is, life happens, good and bad, and some are more responsible than others in dealing with it. I do suppose you could live in your "reality" where you must live in a box where you have control until you are what was it, 50? yeah, and you think I need to get a grip.

Last edited by lowing (2009-09-21 04:24:42)

2009-09-21 04:26:22

#106

lowing: Banned; +1,662|6938|USA

Reciprocity wrote:
when you can't find a job to cover your debt you're supposed to go back to school and get even further into debt. it's quite simple.

"When you can't find a job", you shoulda become marketable in the first place.

2009-09-21 06:29:32

#107

Dilbert_X: The X stands for; +1,817|6393|eXtreme to the maX

CameronPoe wrote:
If you were 'personally responsible' you would never buy a house because of the uncontollable risk to your ability to repay the mortgage on it.

Sorry thats bullshit.

All being well you end up owning a house, the bank ends up making a profit, everyones happy.

If your ability to repay it suddenly ends you tell the bank you're having problems, you sell it and split the proceeds. The bank gets their share, you get whatever is left if anything.

If you drop dead as above.

The only problem is during house price crashes when people either lose their income and have to sell at a fat loss or walk away from a house which is 'underwater'. That is irresponsible.

Fuck Israel

2009-09-21 06:30:59

#108

Dilbert_X: The X stands for; +1,817|6393|eXtreme to the maX

lowing wrote:
"When you can't find a job", you shoulda become marketable in the first place.

Not everyone has that option, and many people try but wake up one day and find they are no longer marketable.

Fuck Israel

2009-09-21 07:03:49

#109

lowing: Banned; +1,662|6938|USA

Dilbert_X wrote:
lowing wrote:
"When you can't find a job", you shoulda become marketable in the first place.
Not everyone has that option, and many people try but wake up one day and find they are no longer marketable.

then you were never marketable, you merely just had a job

and yes, everyone has that option

2009-09-21 07:06:34

#110

Dilbert_X: The X stands for; +1,817|6393|eXtreme to the maX

If you had a job then by definition you were marketable.
The market changes lowing.

Fuck Israel

2009-09-21 07:33:45

#111

lowing: Banned; +1,662|6938|USA

Dilbert_X wrote:
If you had a job then by definition you were marketable.
The market changes lowing.

No if you were marketable, you would be able to find work somewhere else. Having a job as a bolt installer on an assembly line does not make you marketable. It means you had a job nothing more.

2009-09-21 07:36:25

#112

Dilbert_X: The X stands for; +1,817|6393|eXtreme to the maX

Duh it means you were marketable as a bolt installer, more so than the other guy you beat to get the bolt installing job.

No if you were marketable, you would be able to find work somewhere else.

Bullshit.
Your marketability depends as much on the state of the market as it does on you and your skillset.

Fuck Israel

2009-09-21 07:40:10

#113

lowing: Banned; +1,662|6938|USA

Dilbert_X wrote:
Duh it means you were marketable as a bolt installer, more so than the other guy you beat to get the bolt installing job.
No if you were marketable, you would be able to find work somewhere else.
Bullshit.
Your marketability depends as much on the state of the market as it does on you and your skillset.

Well if you are the master bolt installer you would claim to be, there are all kinds of jobs in all kinds of markets that require bolt installation. go get'em tiger

2009-09-21 07:43:45

#114

Dilbert_X: The X stands for; +1,817|6393|eXtreme to the maX

Well thats the thing, different markets require different skillsets.
'Marketability' is not some magical quality which will allow you to get any job you like.

This is all very funny coming from a mechanic.

Fuck Israel

2009-09-21 08:33:08

#115

Jay: Bork! Bork! Bork!; +2,006|5645|London, England

Dilbert_X wrote:
Duh it means you were marketable as a bolt installer, more so than the other guy you beat to get the bolt installing job.
No if you were marketable, you would be able to find work somewhere else.
Bullshit.
Your marketability depends as much on the state of the market as it does on you and your skillset.

Dilbert is correct.

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

2009-09-21 10:37:04

#116

lowing: Banned; +1,662|6938|USA

Dilbert_X wrote:
Well thats the thing, different markets require different skillsets.
'Marketability' is not some magical quality which will allow you to get any job you like.

This is all very funny coming from a mechanic.

Why? I am employed, airplanes allllll over the world. I am marketable, or was that supposed to be some sort of insult? think of us mechanics next time you strap your ass to an airplane.

and no marketability is not a magic word. It goes toward who a person is and what that person can do and what that person can be trained to do.

What you seem to think is "magical" is that a person can act, say, do whatever they want, and still have a right to a fuckin' job. Sorry it does not work that way. Marketable also is being of a caliber that allows adaptability, and train-ability. A personality that is well received. JUST installing a bolt rarely gets you where you want to go, or in your case, where you think some else should carry you.

2009-09-21 10:38:06

#117

lowing: Banned; +1,662|6938|USA

JohnG@lt wrote:
Dilbert_X wrote:
Duh it means you were marketable as a bolt installer, more so than the other guy you beat to get the bolt installing job.
No if you were marketable, you would be able to find work somewhere else.
Bullshit.
Your marketability depends as much on the state of the market as it does on you and your skillset.
Dilbert is correct.

Dilbert is fulla shit. Already explained why.

2009-09-21 13:18:55

#118

CameronPoe: Member; +2,925|6842

LividBovine wrote:
CameronPoe wrote:
If you were 'personally responsible' you would never buy a house because of the uncontollable risk to your ability to repay the mortgage on it. You can't be personally responsible for things outside your own control!
I would disagree with that statement. I feel you can be personally responsible and still purchase a home, even on credit. You have to take a lot of things into account though.

You've got me wrong - you can have a responsible attitude when engaging in borrowing, there is no doubt about that.

2009-09-21 13:20:49

#119

CameronPoe: Member; +2,925|6842

lowing wrote:
Ain't buying it. You could use that line of, factors beyond your control, bullshit for any aspect of life. Fact is, life happens, good and bad, and some are more responsible than others in dealing with it. I do suppose you could live in your "reality" where you must live in a box where you have control until you are what was it, 50? yeah, and you think I need to get a grip.

It's funny how you feel entitled to the savings of others to satisfy your personal needs, given your usual droning. You feel entitled to a house so you won't rent property - a perfectly feasible way of living within your means without relying on the charity of a bank - institutions the likes of which dish out my savings to all manner of people, from the most responsible right down to the most reckless on the basis of risk analysis, statistics and probabilities. And don't worry - I will be getting a mortgage when I feel that the time is right. I don't think you've quite gotten the hang of hypotheses yet.

Last edited by CameronPoe (2009-09-21 13:27:29)

2009-09-21 17:20:55

#120

Dilbert_X: The X stands for; +1,817|6393|eXtreme to the maX

lowing wrote:
Why? I am employed, airplanes allllll over the world. I am marketable, or was that supposed to be some sort of insult? think of us mechanics next time you strap your ass to an airplane.

You're marketable today, same as the bolt fitting guy.
Tomorrow could be a different story, emission cuts come in, OPEC jack the price up, half of air travel ceases -> You're out of a job.

What you seem to think is "magical" is that a person can act, say, do whatever they want, and still have a right to a fuckin' job.

Never said that, you're projecting your paranoid delusions about 'libruls' (which I'm not) onto me.

Last edited by Dilbert_X (2009-09-21 17:21:33)

Fuck Israel

2009-09-21 17:33:24

#121

Pug: UR father's brother's nephew's former roommate; +652|6829|Texas - Bigger than France

I wonder what the economy would be like when the number of college graduates drop due to not being able to afford college due to not having a loan.

I think that system would throw up a even larger barrier between classes.

There can only be so many people who cut each other's hair and give each other tatoos.

2009-09-21 20:13:04

#122

Reciprocity: Member; +721|6868|the dank(super) side of Oregon

lowing wrote:
Reciprocity wrote:
when you can't find a job to cover your debt you're supposed to go back to school and get even further into debt. it's quite simple.
"When you can't find a job", you shoulda become marketable in the first place.

yeah, that's reality.

2009-09-21 21:20:35

#123

Cybargs: Moderated; +2,285|7003

oug wrote:
Apparently there's lots of people who agree with lowing in the US. I guess it dates back to when communism was demonized... or maybe even further than that, with examples of people who "made it" on their own back when there was no alternative or when things were simpler.

These people today should get some lessons from their own past I say...

Wayyyyyyyyyyyy wayyyyyyyyyyyyyy back my man when the Puritans first came to America. They had the work hard or you go to hell ethic.

https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png

2009-09-21 21:30:31

#124

Reciprocity: Member; +721|6868|the dank(super) side of Oregon

Cybargs wrote:
Wayyyyyyyyyyyy wayyyyyyyyyyyyyy back my man when the Puritans first came to America. They had the work hard or you go to hell ethic.

and along came Franklin Roosevelt, partypooper.

2009-09-21 21:39:55

#125

SEREMAKER: BABYMAKIN EXPERT √; +2,187|6855|Mountains of NC

some south american countries their banks do not do mortgages ............ pay for your house in full

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lowing wrote:

CameronPoe wrote:

CameronPoe wrote:

lowing wrote:

Reciprocity wrote:

CameronPoe wrote:

lowing wrote:

Dilbert_X wrote:

lowing wrote:

Dilbert_X wrote:

Dilbert_X wrote:

Dilbert_X wrote:

Dilbert_X wrote:

JohnG@lt wrote:

Dilbert_X wrote:

LividBovine wrote:

CameronPoe wrote:

lowing wrote:

lowing wrote:

lowing wrote:

Reciprocity wrote:

oug wrote:

Cybargs wrote:

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