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depakid (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 04:58 PM Original message |
House Passes Housing Bill After Bush Says He Will Sign It |
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earthside (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 05:06 PM Response to Original message |
1. Bad Economics |
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CountAllVotes (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 05:13 PM Response to Reply #1 |
2. also, more money for Iraq & other wars |
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SpiralHawk (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 08:06 PM Response to Reply #1 |
9. Yay - republicon 'conservatives' set a new DEBT record under Commander AWOL |
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ElectricGrid (211 posts) Send PM | Profile | Ignore | Thu Jul-24-08 09:43 AM Response to Reply #9 |
26. What the hell? You realize whose idea this was... |
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OKthatsIT (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 10:05 PM Response to Reply #1 |
15. The day will come when this whole house of cards collapses? |
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high density (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 05:19 PM Response to Original message |
3. Why not give everybody a housing grant or better loan terms? |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 05:34 PM Response to Reply #3 |
4. I'm middle class, or so I'd like to think... |
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Mojorabbit (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 06:20 PM Response to Reply #4 |
5. Some talking head on tv |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 06:23 PM Response to Reply #4 |
6. You want the Fed's to bail you out of a Neg-Am (Option-ARM) loan? |
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CountAllVotes (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 07:35 PM Response to Reply #6 |
7. as a home owner I do NOT support this bill |
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Political Heretic (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 08:12 PM Response to Reply #7 |
10. You've got that ass-backwards, pal |
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CountAllVotes (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 08:32 PM Response to Reply #10 |
13. frankly .. |
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Political Heretic (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 09:25 PM Response to Reply #13 |
14. Yeah... and some people game the welfare system too. |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 12:58 AM Response to Reply #14 |
17. Let me tell you there were a lot of liar loans in California... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 01:45 AM Response to Reply #17 |
21. Why assume the owners lied about their income? |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:01 AM Response to Reply #21 |
22. You're in the mortgage industry and your income has doubled? |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 10:46 AM Response to Reply #22 |
28. Please re-read what I posted... |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:21 PM Response to Reply #28 |
37. Yeah, my mistake n/t. |
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Megahurtz (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:35 PM Response to Reply #21 |
40. As long as it serves you, it's okay? |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:41 PM Response to Reply #40 |
41. Quick Question... |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:46 PM Response to Reply #41 |
43. I'd rather clean out the bad debt now and take my medicine. |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:52 PM Response to Reply #43 |
46. Not if new government programs |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:58 PM Response to Reply #46 |
49. Most people with ARM's couldn't afford fixed loan rates back when they were cheap. |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:03 PM Response to Reply #49 |
50. Well... |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:14 PM Response to Reply #50 |
53. How will your bondholders feel when you stiff them? |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:20 PM Response to Reply #53 |
55. From what I'm noticing... |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:25 PM Response to Reply #55 |
59. 40% down works even in a depreciating market... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:39 PM Response to Reply #59 |
63. Broker... |
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high density (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 09:23 AM Response to Reply #10 |
24. Wrong. |
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Lorentz (302 posts) Send PM | Profile | Ignore | Thu Jul-24-08 11:09 AM Response to Reply #24 |
31. Good points. I blame both -- I think there's a mix of dishonesty and ignorance here. |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:50 PM Response to Reply #31 |
45. Lawsuits... |
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Political Heretic (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:19 PM Response to Reply #24 |
35. Wrong. |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 08:25 PM Response to Reply #7 |
12. I can understand |
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Megahurtz (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:32 PM Response to Reply #7 |
39. Thank You! |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 08:20 PM Response to Reply #6 |
11. Well, as long as I have a job, I pay my mortgage. |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 01:03 AM Response to Reply #11 |
18. How much would your monthly change if you went to a 30-year fixed? |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 01:42 AM Response to Reply #18 |
20. It's too late... I already bought. |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:12 AM Response to Reply #20 |
23. Yeah, you're f*cked... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 10:55 AM Response to Reply #23 |
29. I'm banking on the fact that my lender |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:20 PM Response to Reply #29 |
36. Most likely they would go for a short sale... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:44 PM Response to Reply #36 |
42. Well, I'm not looking to get out, but continue on with my primary residence. |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:47 PM Response to Reply #42 |
44. Why not rent a house for half of your mortgage? |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:56 PM Response to Reply #44 |
47. Well, let's take a look at it... |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:08 PM Response to Reply #47 |
51. Your current payments are artifically low because you have an interest only loan... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:14 PM Response to Reply #51 |
52. My payments are larger than $1800... |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:22 PM Response to Reply #52 |
57. Back of the envelope says your current ARM rate is 7.75% |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:32 PM Response to Reply #57 |
60. The rate has remained the same all along... |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:36 PM Response to Reply #60 |
62. Ouch, 100% Loan-to-Value, No Money down, and I assume little to no assets... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:48 PM Response to Reply #62 |
65. Well, I truly felt the loan was "do-able" at the time |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:07 PM Response to Reply #65 |
71. But why did you feel compelled to *buy* a house? |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:13 PM Response to Reply #71 |
73. At the time, my rent was $1600... |
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krabigirl (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:55 PM Response to Reply #44 |
79. Renting isn't all roses, either. |
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krabigirl (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:57 PM Response to Reply #23 |
80. If you can hold the property through the downturn somehow, being upside-down now won't matter. |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 05:07 PM Response to Reply #80 |
84. I am the same way... |
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Maine-ah (1000+ posts) Send PM | Profile | Ignore | Fri Jul-25-08 11:40 AM Response to Reply #6 |
94. heh, that's what I was thinking |
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ElectricGrid (211 posts) Send PM | Profile | Ignore | Thu Jul-24-08 09:47 AM Response to Reply #4 |
27. Yeah, I love the fact that I have to subsidize your bad mortgage... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 10:57 AM Response to Reply #27 |
30. And good morning to you to... |
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snooper2 (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 11:24 AM Response to Reply #4 |
32. Reverse Mortgage... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 11:39 AM Response to Reply #32 |
34. Those are valid concerns, but... |
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Political Heretic (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 08:04 PM Response to Reply #3 |
8. We haven't been "endlesssly" propping up anyone. |
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depakid (1000+ posts) Send PM | Profile | Ignore | Wed Jul-23-08 10:59 PM Response to Reply #8 |
16. The community development block grants are also a good idea |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:58 PM Response to Reply #16 |
48. Exactly... |
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depakid (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:16 PM Response to Reply #48 |
54. Libertarian underground would seemingly prefer an economic collapse |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:21 PM Response to Reply #54 |
56. I agree... we're screwed either way... |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:33 PM Response to Reply #54 |
61. I didn't realize you were a fan of reagan/bushanomics - borrow and spend. |
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depakid (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:46 PM Response to Reply #61 |
64. I'm a fan of not cutting of our collective noses to spite our faces |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:52 PM Response to Reply #64 |
67. Dodd and Frank are in Wall Street's pocket... |
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depakid (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:53 PM Response to Reply #67 |
68. No reasonable person would deny that |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:01 PM Response to Reply #68 |
69. It won't melt down completely - it will just contract back to the pre-bubble days. |
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skoalyman (751 posts) Send PM | Profile | Ignore | Sat Jul-26-08 01:43 AM Response to Reply #69 |
97. the banks wont be doing much business with everyone having bad credit from |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 05:11 PM Response to Reply #67 |
85. I'm confused... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:51 PM Response to Reply #61 |
66. That might be one side, but... |
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krabigirl (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 05:01 PM Response to Reply #54 |
81. Seriously...totally agree with you. |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 01:05 AM Response to Reply #8 |
19. No we really have been propping up this fake credit bubble housing market... |
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superconnected (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:31 PM Response to Reply #3 |
75. No. They should have gone after the lenders, not helped them, and |
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Megahurtz (1000+ posts) Send PM | Profile | Ignore | Fri Jul-25-08 11:35 AM Response to Reply #3 |
93. Agreed. n/t |
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ElectricGrid (211 posts) Send PM | Profile | Ignore | Thu Jul-24-08 09:42 AM Response to Original message |
25. I am in the bottom half of taxpayers and I think this is a terrible |
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Political Heretic (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:04 PM Response to Reply #25 |
70. I for one, am glad to live in a country that isn't stingy with its help |
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krabigirl (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 05:04 PM Response to Reply #70 |
82. Great post. I totally agree. I never hear people crying about their tax dollars going to the war.. |
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Megahurtz (1000+ posts) Send PM | Profile | Ignore | Fri Jul-25-08 11:43 AM Response to Reply #25 |
95. I'm not happy about it either |
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snooper2 (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 11:27 AM Response to Original message |
33. Another fucking bailout... |
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Megahurtz (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 02:29 PM Response to Original message |
38. How about |
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Tiberius (798 posts) Send PM | Profile | Ignore | Thu Jul-24-08 03:23 PM Response to Reply #38 |
58. How about bailing out those... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 05:54 PM Response to Reply #58 |
87. I agree about housing prices, but... |
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Megahurtz (1000+ posts) Send PM | Profile | Ignore | Fri Jul-25-08 11:20 AM Response to Reply #58 |
91. Exactly! n/t |
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Political Heretic (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:08 PM Response to Original message |
72. Boy, aid anyone other than Corporate Persons sure brings out the conservative asshats |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:23 PM Response to Reply #72 |
74. Is that a f*ck you to all non-homeowners? n/t |
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Political Heretic (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:35 PM Response to Reply #74 |
76. No, since I'm a non-home owner. It's a fuck you to people spewing conservative rhetoric. |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:38 PM Response to Reply #76 |
77. Saying no to borrow and spend is a conservative talking point? |
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Political Heretic (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 04:51 PM Response to Reply #77 |
78. Funny you have assumed I am directing my comments at you... |
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krabigirl (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 05:05 PM Response to Reply #74 |
83. You sure do have a complex about being a renter, don't you? |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 05:50 PM Response to Reply #83 |
86. Why do you assume I'm a renter? n/t |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 06:00 PM Response to Reply #86 |
88. Could it be |
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SahaleArm (1000+ posts) Send PM | Profile | Ignore | Thu Jul-24-08 06:13 PM Response to Reply #88 |
89. No that definitely wasn't me... |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Fri Jul-25-08 10:58 AM Response to Reply #89 |
90. Here's some info on the bill for you to read up on... |
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Megahurtz (1000+ posts) Send PM | Profile | Ignore | Fri Jul-25-08 11:32 AM Response to Reply #90 |
92. Misleading headline. |
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Juneboarder (1000+ posts) Send PM | Profile | Ignore | Fri Jul-25-08 06:48 PM Response to Reply #92 |
96. I would venture to disagree |
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