InterNACHI


Go Back   InterNACHI Message Board > General > Misc. Discussion

Notices

Misc. Discussion Discuss whatever you wish in this forum.

Reply
 
LinkBack Thread Tools
  #1  
Old 9/29/08, 5:37 PM
kpierce's Avatar
kpierce kpierce is offline
Active Poster
 
Join Date: Jun 2008
Location: Orting, WA
Posts: 4,323
Please Note: kpierce is a non-member guest and is in no way affiliated with InterNACHI or its members.
Default Who does it help?

Which candidate, if any, will benefit from the declination of the bailout bill? And in what way? Just curious about opinions.
Reply With Quote
  #2  
Old 9/29/08, 5:41 PM
Frank Magdefrau's Avatar
Frank Magdefrau Frank Magdefrau is offline
InterNACHI Member
 
Join Date: Nov 2003
Location: Hernando, MS
Posts: 2,344
Default Re: Who does it help?

Quote:
Originally Posted by kpierce View Post
Which candidate, if any, will benefit from the declination of the bailout bill? And in what way? Just curious about opinions.
No one will benefit. As for the real-estate market we are headed down some more.

Good luck new guys and some old guys. Loans will be hard to come by.



Frank Magdefrau
DeSoto Home Inspection Services
3152 Big Ben S
Hernando, MS 38632
(901) 486-0421

InterNACHI Member since 2002
InterNACHI message board member since 2003
Reply With Quote
  #3  
Old 9/29/08, 5:47 PM
Frank Magdefrau's Avatar
Frank Magdefrau Frank Magdefrau is offline
InterNACHI Member
 
Join Date: Nov 2003
Location: Hernando, MS
Posts: 2,344
Default Re: Who does it help?

Most people just don't get it.

There are so many homes for sell and there are so many people in line to buy them, but the loan process is up against a wall.

Ok credit is not enough at this time.

As the stocks fall and foreign banks fail the American people will not get the loans they need to improve their living standard.

Once the market swings back we will have all the work we need, but how and when remains to be seen.



Frank Magdefrau
DeSoto Home Inspection Services
3152 Big Ben S
Hernando, MS 38632
(901) 486-0421

InterNACHI Member since 2002
InterNACHI message board member since 2003
Reply With Quote
  #4  
Old 9/29/08, 6:04 PM
David P. Valley's Avatar
David P. Valley David P. Valley is offline
InterNACHI Member
 
Join Date: Jun 2003
Location: METHUEN, MA
Posts: 8,022
Default Re: Who does it help?

Whoever makes presidency, good luck.

They say that once the bail-out takes place, and the banks get their bail-out money, the banks will become more lenient on their loan process and they will then start to approve more loans.

Ya right.

We are in for a rude awakening AMERICA.
Reply With Quote
  #5  
Old 9/29/08, 9:05 PM
Joseph T. Burkeson, CMI's Avatar
Joseph T. Burkeson, CMI Joseph T. Burkeson, CMI is online now
InterNACHI Member
 
Join Date: May 2003
Location: Riverview, FL
Posts: 8,596
Default Re: Who does it help?

I can't see it really helping anyone but you can bet it will hurt the Republicans and anyone associated with George Bush who will be seen as the architect of this financial debacle.



"I know of no more encouraging fact than the
unquestioned ability of a man to elevate his
life by conscious endeavor." ~ Henry David Thoreau


Certified Master Inspector (2007)
Member, International Assoc of Certified Home Inspectors (InterNACHI)
Member, International Code Council (ICC) - Certified Residential Combination Inspector
Member, American Society of Home Inspectors (ASHI)
Vice President - Suncoast ASHI

Square-One Inspection "Assurance begins here"

Reply With Quote
  #6  
Old 9/29/08, 9:14 PM
Michael Larson's Avatar
Michael Larson Michael Larson is offline
InterNACHI Member
 
Join Date: May 2006
Location: Hudson, WI including the Twin Cities of MN
Posts: 18,489
Default Re: Who does it help?

Quote:
Originally Posted by jburkeson1 View Post
I can't see it really helping anyone but you can bet it will hurt the Republicans and anyone associated with George Bush who will be seen as the architect of this financial debacle.
That will not be the perception if this Video gets wide play.



"Never underestimate the difficulty of changing false beliefs by facts."
Henry Rosovsky-Harvard

Michael Larson
Hudson, WI

Services provided in East MN and West WI
InspectraPro
or
Minnesota Home Inspector

Reply With Quote
  #7  
Old 9/30/08, 10:00 AM
George A. H. Luck's Avatar
George A. H. Luck George A. H. Luck is offline
InterNACHI Member
 
Join Date: Mar 2004
Location: LANSDOWNE, ON
Posts: 2,254
Default Re: Who does it help?

Here's the thing. The democrats have a majority in BOTH houses. If this deal was such a good idea the democrats could have pushed it through last week.
They didn't.
Seems to me that they want the Republicans along for the ride so they can blame conservatives if the plan goes south. The sad thing is, that even at a time like this the democrats are playing politics with the fate of the nation and the fate, in fact, of the world.
Yup. Obama was telling the truth when he said "No more politics as usual." and "Change we can believe in." The politics and change are for the worse.
Reply With Quote
  #8  
Old 9/30/08, 12:30 PM
Michael Larson's Avatar
Michael Larson Michael Larson is offline
InterNACHI Member
 
Join Date: May 2006
Location: Hudson, WI including the Twin Cities of MN
Posts: 18,489
Default Re: Who does it help?

12 democratic members of Barney Frank's own finance committee that wrote this thing voted against it. Hmmmm.

I think it obvious that if a bill is to get passed there is a lot more work that needs to be done to make it palatable to the American public.



"Never underestimate the difficulty of changing false beliefs by facts."
Henry Rosovsky-Harvard

Michael Larson
Hudson, WI

Services provided in East MN and West WI
InspectraPro
or
Minnesota Home Inspector

Reply With Quote
  #9  
Old 9/30/08, 12:52 PM
Linas I. Dapkus's Avatar
Linas I. Dapkus Linas I. Dapkus is online now
InterNACHI Member
 
Join Date: Mar 2006
Location: Lockport, IL
Posts: 3,729
Default Re: Who does it help?

Quote:
Originally Posted by mlarson View Post
That will not be the perception if this Video gets wide play.
Good video explaining the situation we are in.
Reply With Quote
  #10  
Old 9/30/08, 1:04 PM
nwagner's Avatar
nwagner nwagner is offline
InterNACHI Member
 
Join Date: May 2006
Location: Baraboo, WI
Posts: 2,973
Default Re: Who does it help?

Quote:
Originally Posted by mlarson View Post
That will not be the perception if this Video gets wide play.
Do you honestly believe that his utter failure of a proposal to better regulate Fannie Mae will erase the memory of him zealously pitching this $700 billion scam that, if enacted in any form IMO, will fail miserably while sinking us further into debt while the Treasurer Paulsen returns to Wall Street to reap the temporary gains with his scumbag buddies at our expense?




Reply With Quote
  #11  
Old 9/30/08, 1:12 PM
Michael Larson's Avatar
Michael Larson Michael Larson is offline
InterNACHI Member
 
Join Date: May 2006
Location: Hudson, WI including the Twin Cities of MN
Posts: 18,489
Default Re: Who does it help?

Quote:
Originally Posted by nwagner View Post
Do you honestly believe that his utter failure of a proposal to better regulate Fannie Mae will erase the memory of him zealously pitching this $700 billion scam that, if enacted in any form IMO, will fail miserably while sinking us further into debt while the Treasurer Paulsen returns to Wall Street to reap the temporary gains with his scumbag buddies at our expense?
Not sure who you are talking about Nick.

There plenty of blame to go around but the roots of much of this current mess go back to the concept of getting everyone into home ownership that goes back decades.

Someone posted this LINK this morning. Watch it and give me your opinion.



"Never underestimate the difficulty of changing false beliefs by facts."
Henry Rosovsky-Harvard

Michael Larson
Hudson, WI

Services provided in East MN and West WI
InspectraPro
or
Minnesota Home Inspector

Reply With Quote
  #12  
Old 9/30/08, 1:49 PM
nwagner's Avatar
nwagner nwagner is offline
InterNACHI Member
 
Join Date: May 2006
Location: Baraboo, WI
Posts: 2,973
Default Re: Who does it help?

Already commented on it. Post #6




Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 9:13 PM.


Copyright © International Association of Certified Home Inspectors, Inc. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147

Popular Sections

:

All Sections

Popular

Membership

Inspection Standards

Education

Chapters & Members

Articles & Links

Other Organizations

 

 

 

NACHI.ORG Statistics

 

 

no new posts