[iltos]

the purpose of this thread is to promote "consensus"

i heard this snippet moments ago, as i turned off the engine of my truck
it's from the limbaugh show

which means ABSOLUTLEY NOTHING, unless you insist that the tree in front of you is the forest.

a woman caller:
"i want to complain about the government bailout of all these people who are in mortagage trouble.....we have a 5 year ARM with a teaser rate that expires next year.

we moved from a larger house to a smaller house so i could stay home and take care of our two kids"

that's all you get.....

is her pov conservative, or liberal?

try not to rely on the same old dissing of the other side to make your point.....tell us why she is one or the other because of her choice.

[Rep]

Originally Posted by iltos

the purpose of this thread is to promote "consensus"

i heard this snippet moments ago, as i turned off the engine of my truck
it's from the limbaugh show

which means ABSOLUTLEY NOTHING, unless you insist that the tree in front of you is the forest.

a woman caller:
"i want to complain about the government bailout of all these people who are in mortagage trouble.....we have a 5 year ARM with a teaser rate that expires next year.

we moved from a larger house to a smaller house so i could stay home and take care of our two kids"

that's all you get.....

is her pov conservative, or liberal?

try not to rely on the same old dissing of the other side to make your point.....tell us why she is one or the other because of her choice.

As I read it, her position is not based on a base philosophy but rather, "me". Or, "If I can't get it, nobody else should".

For those of you that know me, I have moved into positions you would no longer recognize me as holding.

We can blame the dems, the reps or anybody else. What we are not doing is asking ourselves how we got into this mess, and why did I allow it to happen?

We set everything up as me against you. Now, try to find solutions. Now, try to find common ground solutions.

[sweets1981]

Maybe it doesn't sounds like either to me. Maybe she's sick of the gov.. bailing out people regaurdless... *shrugs*

[Ciberblade]

My first though was....too little info. But after looking more closely at what she said...specifically, how she said it -- from the snippet of information, I would lean more towards conservative.

And here's why:
"i want to complain about the government bailout of all these people who are in mortgage trouble"
It is suggestive that the government should not be assisting people with their mortgages. I take that to mean reduced government involvement...which is typically a more conservative point of view (Libertarian actually...but that's another discussion)

CB

[valis]

I was actually going to say libertarian, as that was the first thing that struck me as well; the fact that she was, at least, inferring that the government should stop the assistance in the mortgage industry.

We'll see, though.

[iltos]

good answers, all....

none of them, however, address her choice...she moved into a smaller house to take care of her kids...

while her ARM may well be one of the nasty ones....the implication is that the house is still more affordable (smaller payment)

which to me, reflects back on her original statement and makes some assumptions about "those people" who the government wants to bail out.

frankly, i have a hard time seeing this woman as something other than a "rush caller"....which does the same thing as putting the words "those people" in quotes.....evoking all kinds of instantaneous stereotypes and backlashes to them

which is what surprised me when i started thinking about the choice her family made.....it was neither stereotypical, nor a backlash......

[valis]

rush caller aside, (I can't stand the dingbat, personally, but my wife is a dittohead -- funny story about that, and my ability not to suss out people's views (such as her parents) before really disparaging Rush, and a long, quiet trip to Iowa.....), the fact that she made that sacrifice is the way we should ALL be looking at things. We had my wife not work the first 2 years of monkey boy's existence, as we wanted the foundation to be built via the house, as we have a vested interest in his future, whereas a daycare for infants has a vested interest in them not crying. Sure, we took a financial hit, but we're going to do it again, if we get lucky enough to have another kid.

dunno what that makes us, but I don't think it falls into conservatism or liberalism; more like common sense-ism, IMO.

[iltos]

Originally Posted by valis

dunno what that makes us, but I don't think it falls into conservatism or liberalism; more like common sense-ism, IMO.

truth to that, v....
how, then, does that truth apply to the political shism that defines our currrent two party system?.....

both liberals and conservatives took advantage of those interest rates....members of both persuasions find themselves looking at financial difficulty in the near future, if the "mortgage crisis" is to be believed

which doesn't make the question "which side is more able to take the hit?" (trying to head off the statistic lovers among us with that)

aside from that one caveat, tho, i want to leave the question as open ended as possible...

[sweets1981]

Thoses people she is refering to might be the people who are living beyond their means... She and her family moved to a smaller home so she could stay home. To me that means she and her husband would be making less money decided that they needed to cut back on costs: living within there means. ..... *shrug*

[valis]

well, the political schism is ill-perceived, at best, IMO. Very few people, in this day and age, will vote straight party ticket; when they do, chances are exceedingly high that all the promises that made them do so were merely lip-service (no new taxes), and if those people can't see that, well, chances are pretty high that they aren't going to see the common-sense part of it either.

As for both parties (I *hate* using those terms; anyone willing to be labelled is someone who is willing to follow blindly, and I've found very few in here like that, religion notwithstanding) benefitting from the interest rates, as I told my wife 5 years ago, when she was thinking about starting her own business in the mortgage field, 'It's only a matter of time until it tips over'. People that bought into ARM's are going to get absolutely hosed; we did a dual-mortgage with a balloon payment that is solid and fixed; it fits our budget nicely and allows a bit to be put away (read: squandered on doodads for monkey boy).

But back to your question; the answer can't lie with a stereotypical range such as 'conservative' or 'liberal'; whatever mortgage they went with, that will be the deciding factor on whether or not they get the bohica treatment.

[valis]

Originally Posted by sweets1981

Thoses people she is refering to might be the people who are living beyond their means...

Bingo. which equals about 95% of America, IMO......

And hello, Melissa. Wish your curmudgeonly old hubby happy b-day for me again.

[sweets1981]

Originally Posted by valis

Bingo. which equals about 95% of America, IMO......

And hello, Melissa. Wish your curmudgeonly old hubby happy b-day for me again.

I sure will. He's working right at the moment but I will try to remember as soon as he sits his tushie in my car..

[TooBad]

I agree with most of those that she sounds conservative/libetarian, but she was definately missed the boat with not re-financing to a fixed rate about a year and a half ago. I got a 7 year ARM only 3 years ago and refinanced it to a fixed rate at 5 3/8% 2 years ago as soon as the "value" went up to make the purchase price less than 80% of the assessed value.

As a conservative, I agree that the government should not do any more damage than already done, they caused this mess with the Community Reinvestment Act of 1977 later given more strength and backing under Clinton. It forces banks to make loans to people that cannot reasonably be expected to repay them. Which works OK as long as the housing bubble keeps going up, but surprise surprise, the bubble burst and now all those forced loans are in default. And it is still only 4% of loans that are in trouble.

Government is not the answer, it is the problem!!

[Gabriel]

Originally Posted by sweets1981

Thoses people she is refering to might be the people who are living beyond their means.... *shrug*

Ain't that the truth. Some are still living with the illusion it will turn around and they'll be able to resume as before....very sad

[valis]

Originally Posted by TooBad

I agree with most of those that she sounds conservative/libetarian, but she was definately missed the boat with not re-financing to a fixed rate about a year and a half ago. I got a 7 year ARM only 3 years ago and refinanced it to a fixed rate at 5 3/8% 2 years ago as soon as the "value" went up to make the purchase price less than 80% of the assessed value.

great choicen and perfect timing; you got the best of both worlds....

As my wife is a loan officer, we are sort of set in that area (fixed rate is something sub-4, I think), but after hanging around her for a decade or so, I've learned enough to realize a good deal when I see one, and you done got it.