Homestead mailing list

[rayzentz AT aim.com]

Oh, come on Gene,

I assume you can recognize sarcasm, but perhaps I am the ass.   Of 
course, landlords aren't evil. But again, you either missed the point 
completely, or deliberately ignored it.   Taxes get passed on.   My 
housing situation is a direct result of identity theft.   I can't get a 
loan for a home, of any kind, because my credit was destroyed.   We are 
working on it, but it takes time.   Of course, my situation is all the 
fault of the evil Democrats, because Clinton was prez when it happened.

You know, I can see why you like Obama.   He avoids responding to 
direct points, too.

As I said before, I really hope you are right.  I hope ObamaWorld is 
exactly what you say it will be, and He will be the Saviour of us all.  
I ain't holding my breath, though.

I hope the day never comes that I get to say "I told you so".

Oh, and by the way, before you get too snooty on your high horse, we 
HAVE no debt, we DON"T use credit cards, and we DO use cash only.   We 
rent until we can buy a property.   Too freaking high priced here in 
Utah.   We are probably going to move.   Gotta save up, first.

Ray







-----Original Message-----
From: Gene GeRue <genegerue AT ruralize.com>
To: homestead AT lists.ibiblio.org
Sent: Thu, 16 Oct 2008 12:35 pm
Subject: Re: [Homestead] Scary as h*ll



On Oct 16, 2008, at 10:31 AM, rayzentz AT aim.com wrote:

> All logical arguments, Gene, but leaving out a major crucial fact.
> The tax burden gets passed on.
>
> For example, I currently rent.

Stop that as soon as you can. Renting is like using credit cards: you
are making a profit for someone else. Make it for yourself. Find a
very modest foreclosed property and buy it for your family.
> Tax rates have gone up on local properties.

Tax rates are set by county governments. Your elected representatives
set a budget and then ask the Assessor to provide the assessed
valuation against which to levy the necessary taxes to pay for the
budget. This is a local issue. If you believe it is wrong, speak out
locally.

>   You would think, then,
> that the evil landlords are being punished for their obscene
> profit-taking.

Obscene profit taking? By the judgement of renters? Is it legal? Then
it is part of the acclaimed American free enterprise system that has
been in operation for a very long time. All of us have equal
opportunity to buy rental property and set rent scales. How much rent
can be charged depends on local conditions. Supply and demand.

>   But no, instead, rates on rentals have gone up.   So
> who is paying the increased taxes?   in reality, not in Obamaworld.
> The poor renters.  Or the poor suckers.  it's all merely semantics,
> after all.

No, the principles of sound financial decisions remain the same. Live
below your means. Operate on a cash basis. Don't buy a car until you
have the cash. Borrow money only for real estate and education.
> And if the day evercomes that my teacher salary become 1 million a
> year, well them, Joe will be making 6-7 million, and we will be wiping
> our collective butts with money, instead of charmin, and I won't even
> be able to GET the Ramen Noodle, much less eat them.

And your health will be the better for it.
> I like your Obamaworld, Gene, but that's all it is... a fantasy

Nobody knows what Obama can do until he tries it and takes on the DC
Whorehouse. I believe he has promise.
> Joe the plumber will pass on his increased tax burden to his
> customers,
> which will raise the prices his customers pay,

Does any business do otherwise?

> which means he will NOT
> get more business, and he will have to fire his newly hired employees,
> which means unemployment still goes up.

Again, the free enterprise system. All businesses face competition,
which keeps prices reasonable, as long as the service or product
provided is of equal quality.
> See?

I have seen this system for a long time. I must say that I miss the
days when I had the certainty of youth.
_______________________________________________
Homestead list and subscription:
http://lists.ibiblio.org/mailman/listinfo/homestead
Change your homestead list member options:
http://lists.ibiblio.org/mailman/options/homestead/rayzentz%40aim.com
View the archives at:
https://lists.ibiblio.org/sympa/arc/homestead