Soggy in NOLA
Diamond Member
- Jul 31, 2009
- 40,565
- 5,358
- 1,830
Ok, can we just say it.... this guy is in SO FAR OVER HIS HEAD IT IS RIDICULOUS.
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I don't see a problem with this. $250 might not sound like much but to someone living on a fixed income that won't be receiving an inflation adjusted rate next year it could benefit them. In my state there are a LOT of seniors and their property taxes are going up this year.
Obama calls for $250 payments to seniors
If it stops another wave of foreclosures I'd say it's money well spent.I don't see a problem with this. $250 might not sound like much but to someone living on a fixed income that won't be receiving an inflation adjusted rate next year it could benefit them. In my state there are a LOT of seniors and their property taxes are going up this year.
Yeah, except now we've added $12,500,000,000 to the deficit just by handing out $250 checks to seniors.
But really, whats a billion here or a billion there?
If it stops another wave of foreclosures I'd say it's money well spent.I don't see a problem with this. $250 might not sound like much but to someone living on a fixed income that won't be receiving an inflation adjusted rate next year it could benefit them. In my state there are a LOT of seniors and their property taxes are going up this year.
Yeah, except now we've added $12,500,000,000 to the deficit just by handing out $250 checks to seniors.
But really, whats a billion here or a billion there?
Obama calls for $250 payments to seniors
Politicians like Obama are just amazing how they can create money out of thin air.
I'm not talking about their mortgage payments. I'm talking about their property taxes. Many seniors have no mortgage or at the least a mortgage rate that doesn't change from year to year. Property taxes, in my state at least, are going up. If you don't pay your property taxes, you lose your house.If it stops another wave of foreclosures I'd say it's money well spent.Yeah, except now we've added $12,500,000,000 to the deficit just by handing out $250 checks to seniors.
But really, whats a billion here or a billion there?
$250 isn't going to stop a wave of foreclosures. Simply because if they couldn't afford the house in the first place, $250 isn't going to magically make them be OK for the rest of the terms of their mortgage.
Ravi, you know this. You're smarter than this. This was simply the Administration bribing out a voting block. No different than when any other Administration does it (see tax breaks and no-bids under previous admin).
I'm not talking about their mortgage payments. I'm talking about their property taxes. Many seniors have no mortgage or at the least a mortgage rate that doesn't change from year to year. Property taxes, in my state at least, are going up. If you don't pay your property taxes, you lose your house.If it stops another wave of foreclosures I'd say it's money well spent.
$250 isn't going to stop a wave of foreclosures. Simply because if they couldn't afford the house in the first place, $250 isn't going to magically make them be OK for the rest of the terms of their mortgage.
Ravi, you know this. You're smarter than this. This was simply the Administration bribing out a voting block. No different than when any other Administration does it (see tax breaks and no-bids under previous admin).
I don't know if you've noticed, but at this moment in time the main reason for foreclosures is now unemployment. The unemployed can't keep their own houses, and they can't help their parents keep their's.
Since SS payments are tied to inflation, and since there will be no adjustment for inflation next year...this little bit of money could very well mean that a senior can pay their property taxes.
Silly. Taxes are going up because revenues are down because the economy is in the toilet.
Silly. Taxes are going up because revenues are down because the economy is in the toilet.
Obama calls for $250 payments to seniors
Politicians like Obama are just amazing how they can create money out of thin air.
God damn Obama is going to turn all those seniors into SOCIALISTS
Just you watch!
Cheap bastard.
Bush gave each of us $300.
God damn Obama is going to turn all those seniors into SOCIALISTS
Just you watch!
Doubtful.
Most of them are smarter and wiser than you and Mr Obama put together.
250 so they can buy some asprin to use when they are denied medical treatment due to rationing and of their age!!!
Does anyone other than me realize how retarded this argument is? "If the government provides health care for more people, old people will be denied care", ignoring the fact that, you know, the government already provides health care for the elderly.
Well, sumbitch, how about if the government sends $250 to everybody in the country?