Shouldn't renters vote Republican in November?

Then refinance in a couple of years and take the 7% out..and then some.

Reagan makes them do it.

zip, yes he did. he also invented this http://en.wikipedia.org/wiki/Debasement, this http://en.wikipedia.org/wiki/Federal_reserve and this http://en.wikipedia.org/wiki/Gold_standard#Suspension_of_the_gold_standard
in no particular order. rhino, you know the world existed before reagan?

I dont think those things are as causal to what we are experiencing right now.

Nobody likes a whining pussyboy who blames everyone else and the system for his problems. Try being a man and working hard. Like they used to do back in the old days, remember?

aren't you contradicting yourself then? you just blamed it on greenspan

Not really because I dont draw the same connection you do between those events and our current situation. I dont think this situation has a lot to do with dropping the gold standard, for example.

I'm not a gold bug saying all evil in the world is due to abandonment of the gold standard but surely they couldn't print 10 trillion at the press of a button had it been in place
And greenspan was but a career bureaucrat who knew too well how to make both parties kiss his a**. He did precisely what they all wanted him to do.

I don't think fiat money is the problem. The problem is cheap money and easy credit...and cheap money and easy credit were born out of de-regulation. What we're doing about this now isn't far off what we should do. We should just be spending the money we print on infrastructure and education that provide future returns, not wars.

Again, if you think credit hasn't been easy anytime prior to last 25 years further research is needed. It doesn't matter what you spend it on, if you spend more than you earn you eventually go bankrupt (unless a third party keeps loaning you more, but at some point they always stop).

I'm usually pretty good at figuring out when someone has something they can teach me. So for now, lets leave it at that.

i'm glad you agree with me

http://www.nydailynews.com/blogs/dailypolitics/2013/09/al-sharpton-joe-lhota-to-meet-tuesday