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ground lot day
over at stop me
some well meaning soul
set off my george box
agree completely
i love your idea of a donk home value rescue
like those Katrina kopters
rare and spectacular
golden anecdotes
like that home remake show
brought to u
not by sears
but
by
the Democratic party--------------------
to be precise what inflates here is the value of a lot
something with only
relative location and size
and yet the optimo elvis platebest guess
in real terms
coastal area residential lots
need to come down 25-35%
very much like the dollar against south world currenciesover valued lots serve a profit purpose
of coursewith the right to bankrupcy
one might call it
voluntary or moral debt peonagehow do trans nats benefit ???
the job and house holder units
offer more job hours
to corporate amerika
cause these unit's
are "experiencing"
bigger monthly debt servicesell more
of self's and loved ones' time
to drag the now heavier nutand hey raising the rate means its got to be dragged faster too
neat stuffbiggerest debt
has two outcomes
jobholder bankrupcy
and more
and thus cheaper job hourstheres a corporate profit
sweet spot ratio
between the two
in there some where...what a siren call that makes
as yet
its not been located
or at least
as yet
no board room consensus
on it's locationviews and Rxs conflict
even diametrically so"more easy debt"
" no no
more punative bankruptcy "the debate lines are boldly drawn indeed
----now to put on my wonk cap
a mo -----
the quick donk new deal
way out
would be to treat
our jobster homes
like the first new deal treated family farms" friends
these homes are amerika/s back bone
they
produce the nations
most sacred crops ..."ie
all our
task various /wage various
corporate job hoursto help
but still reward the dutiful and thrifty
we could
nationalize all residential mortgages
up to the the market value
of each and every amerikan house lot"uncle will pay your service"
and simultaneously
issue a stream of lot equity credits
usable against
the other shoe:a national George tax on ground rent (ie on lot value)
viola
no more private rack rating and
of course no more borrowing against lot value
and no more lot price
elvis plate /tulip manias eitherour clever every reval ing
George tax
will EFFECTIVELY render all lots
of zero private value
hee hee hee
and i'll control it all
thru a bank of high speed computershead start
the gub already owns a big chunk
thru fanny and fred
Posted by js paine at September 11, 2006 01:55 PM