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#151
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barry and tom: thanks for the the thoughtful, well stated posts.
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"The law, in its majestic equality, forbids the rich as well as the poor to sleep under bridges, to beg in the streets, and to steal bread." |
#152
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I think the language is quite clear. There is nothing in the Preamble that charges the g'ment with your silly suggestion.
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#153
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Why not? Are you saying helping out small businesses in trouble CANNOT be deemed as for general welfare? I would certainly think someone can make a case for that. But yes, I understand your point. If you think it is a good idea, it should be squeezed in. Somebody else's idea, maybe not.
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01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow |
#154
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The bubble of greed that drove housing market costs higher and higher left the last people in holding the bag. When they cannot keep up with the debt service they agreed to on their overpriced homes - then they lose them. They have become the greater fool holding the bag so to speak. It really doesn't matter what dollars they bought the homes with were worth, since they could not be re-sold for the same $350K. If inflation kicks in, and or when the greed factor returns, their homes once again will be worth $350K. In retrospect - they didn't make such a good deal, since they overpaid in the first place. However the market environment at the time dictated the home was indeed worth $350K. I don't know how you can protect someone from their own free will and greed, even though some are still looking for others to blame and take the fall for them. Many have found out they're not really worth what they thought they were, because of market conditions. I certainly accept no responsibility for their poor planning and choices, or the free market. I have my own planning and choices I'm busy living with. |
#155
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01 Ford Excursion Powerstroke 99 E300 Turbodiesel 91 Vette with 383 motor 05 Polaris Sportsman 800 EFI 06 Polaris Sportsman 500 EFI 03 SeaDoo GTX SC Red 03 SeaDoo GTX SC Yellow 04 Tailgator 21 ft Toy Hauler 11 Harley Davidson 883 SuperLow |
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