The rich get richer and . . .

Why be frustrated when lost people do not handle things in a biblical manner. Unsaved CEO's who do not set decent wages should not shock anyone. When we find someone in need go to God who owns the cattle of a thousand hills. I saw this week a battered woman her two children and disabled mother who had been running from her ex for 5 years because he has made many attempts to kill her go from a single room with two double beds in a sleazy motel to a 2000 sq ft home with 4 beds. She has been provided work, furniture, food and leal assistance after running, hiding, starving being rejected by the Govener, and Congressman as well as Senator and Social Security.

Being angry at the misdeeds of sinners is a foolish endeavor. We as Christians need to get on our knees, fast and wait on God. Angry bitter resentment steals your peace and is sin itself. Philippians 4:1-8

 

One reason for declining wages might be the decline of labor unions. These days only the teachers and govt workers seem smart enough to organize.

 

No they don't.

The appraisal determines the value. It should be done by an independent appraiser.

The bank will base their loan value on the appraisal.

 

Bottom line is nothing is going to change because:

1. The NEA + the AARP can swing any election. The old people always vote and the young people seldom vote.

2. Half the U.S. is under the table and untaxed and the people who have this income like it this way. Two examples. First, in washington State the income from marijuana is second only to apples and ahead of wheat. This is the situation in many states. The politicians and local govts are financed by dope money. For example, confiscating property from dopers has replaced speed traps for revenue raising in local police departments.

Second, most craftsmen work under the table. For example, plumbers and electricians give a cash bid that is well under the paper trail bid.

3. The same international businesses own the Republicans and Democrats so it doesn't matter who is elected. The voting laws make it impossible for minor parties to win major elections.

4. The working class is kept happy with cheap beer and the sports channel. The working people, even the welfare class has the same sorts of consumer goods as the very rich. The very rich don't want "stuff," they want life and death control over the rest of us. For example, in the bad old days, the rich people looked different from their serfs. These days, from a distance, Bill Gates could have bought his clothing at Sears. The rich people have gotten lots smarter.

 

That could also be the reason the unemployment rate has been so low in recent years.

Declining wages could also be the result of a younger, less experienced workforce.

 

Carpro, when Daisy said "the lender will decide the most it's worth whether the buyer is willing to pay more or not."

You said, Banks can only determine how much they will finance. They do not determine "value".

Now you are saying they base their loan value on the appraisal, so basically it looks to me you are now agreeing with what Daisy & I said. At any rate, a bank is only going to loan so much money on any given house or property based on the current market value of a house or property, no matter if the appraiser is a bank appraiser or an independent appraiser.

 

Here is one way the rich get richer (not through hard work) - offshore investments:

http://www.answers.com/topic/offshore-investment

 

The rich pay way more than their "fair share." There is nothing fair about a regressive tax system that charges the rich more for the same services that the poor get. It has too long been accepted.

As has often been pointed out, the rich pay a much higher tax (both in rate and dollars), but the police don't get there faster, the roads don't ride any smoother, the politicians aren't any less corrupt.

So don't bite the hand that feeds you. Let's call it the price of living in this nation. But let's not call it fair, and let's certainly not repeat the silly inanity that the rich aren't paying their fair share. That is simply an unthinking attack.

 

Well there is a loophole for the rich who are tired of paying more that their fair share, they can give all their wealth to the welfare slugs and let them pay the higher taxes.

 

No I am still disagreeing with Daisy but agreeing with your above statement.:thumbs:

Therefore, they do not determine value. They use the market value, as established by appraisal, to determine their loan value.

Market value and loan value are two entirely different things.

 

Nobless oblige.

Um, yeah the police do get there faster and they're more polite and willing to take a report (firemen are the same, though the firehouses in the poorer neighborhoods are more likely to be further away and not as manned), the roads are in better repair and although the politicians are as corrupt they are corrupt in favor of the rich and against the poor.

I call it fair.

 

Thats a bunch of crap. First of all the police that respond are among the poor. There houses and familes are in the poorer neighborhoods. Maybe you do not know how much law enforcement makes. Second Its not within officer discretion to take a report or not. They report on certan things no matter the income of the person they are talking to.

Maybe they are more busy in poor neighborhoods but that is not there fault is it.

 

True.

Thou shall not covet...

is still one of God's Commandments.

 

Cabbies always show up when they are called........eventually.....

Here you go SALTY: LINK

I like the Debit Tax idea myself, if the numbers people give for it are right it seems easiest and fairest way to do it........which means there is no way it will ever be introduced on this planet