tag:blogger.com,1999:blog-12341882.post7311769621779496854..comments2024-01-10T08:42:45.216-05:00Comments on Gort42: Meet the candidateGorthttp://www.blogger.com/profile/18353409316468830796noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-12341882.post-25976730313835655832008-02-05T02:50:00.000-05:002008-02-05T02:50:00.000-05:00Not to be picky, but Kanjorski's ad can't have it ...Not to be picky, but Kanjorski's ad can't have it both ways. At this point one can either attempt to safeguard the economy or protect "homeowners".<BR/><BR/>The subprime problem is just tip of the iceberg. <BR/><BR/>"With home prices now falling in many regions of the country, many loans that would have paid off in prior years remain in the pool and are more likely to default. BasePoint Analytics LLC, a recognized fraud analytics and<BR/>consulting firm, analyzed over 3 million loans originated between 1997 and 2006 (the majority being 2005–2006 vintage), including 16,000 examples of non-performing loans that had evidence of fraudulent misrepresentation in the original applications. Their research found that as much as 70% of early payment default loans contained fraud misrepresentations on the application."<BR/>(From http://www.securitization.net/pdf/Fitch/FraudReport_28Nov07.pdf)<BR/><BR/>You can bail out those in foreclosure, but it paints a bright neon sign upon the American economy...We're willing to devalue our dollar to screw you (bond investors) out of a return!<BR/><BR/>Good or bad, if you choose to protect people from foreclosures, you punish those on a fixed income. The question is, do you rip off the band aid and promote the recovery of the American dollar, or do you protect those looking for a quick buck and repeat the economic history of 1990s Japan (no growth, falling real estate prices for 18 years, and capital flight)? Last time I checked, you can't improve an economy if everyone is looking to cash out.NEPAExpathttps://www.blogger.com/profile/12140148656253478787noreply@blogger.comtag:blogger.com,1999:blog-12341882.post-88527696069761526462008-02-05T01:23:00.000-05:002008-02-05T01:23:00.000-05:00Dave, No apology necessary, I was just pulling you...Dave, <BR/><BR/>No apology necessary, I was just pulling your chain. You guys have done an outstanding job with the website. Adding the event schedule is great along with posting the TV and radio ads and an archive of every press release. I think it's one of the best campaign websites I've ever seen. When you ran in the Senate race in 2006 your site was great.<BR/><BR/>Anon, You take me more serious than I take myself. I don't know what you mean by tenure but your right in pointing out that this blog does take some work.Gorthttps://www.blogger.com/profile/18353409316468830796noreply@blogger.comtag:blogger.com,1999:blog-12341882.post-15962176964691666052008-02-04T17:28:00.000-05:002008-02-04T17:28:00.000-05:00Gort,My sincerest apologies.As you note, we have p...Gort,<BR/><BR/>My sincerest apologies.<BR/><BR/>As you note, we have posted our upcoming events online.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12341882.post-20195668179744603982008-02-04T14:00:00.000-05:002008-02-04T14:00:00.000-05:00Yeah, Dave's givin' ya no respect for your hard wo...Yeah, Dave's givin' ya no respect for your hard work and tenure...Anonymousnoreply@blogger.com