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Old 21st April 2008, 07:10 PM   #4 (permalink)
Jerry Okamura
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Default Aloha oe, Aloha...

"al Guacamole" <aet@lava.net> wrote in message
news:1208798100-sch@news.lava.net...
>
> On Apr 19, 6:30 pm, "Jerry Okamura" <okamuraj...@hawaii.> wrote:
>> "al Guacamole" <a...@lava.net> wrote in message

>
>>> Jerry... You've yet to acknowledge that people buy homes because they
>>> want to buy them and not as an investment. That's all I've been
>>> writing about. Either you're very dense, or you just don't want to
>>> admit this fact. I choose the latter motive.

>>
>> Then you haven't been reading what I have said about the matter.
>> People buy
>> homes for two reasons. One of course is to own that home, so they
>> can live
>> in that home. And other people buy homes because they want to make
>> money.

>
> No you haven't mentioned that there are those who only by for one
> reason-- and that is to own a home. In fact, in all our postings you
> claim that homeowner (as an investor) deserves no bailout. We're not
> talking about investors here. You've been purposely avoiding the
> subject of this discussion.
>


What can't you understand about the statement "One of course is to own that
home, so they
can live in that home....."? And yes, someone who makes a bad decision
should not be rewarded for their bad decision. It sends the wrong message
to everyone else, that you too may make bad decisions and someone will
"bail" you out as well. When we make bad decisons we should pay the price
for that bad decision. It applies to individuals and it applies to
companies....I am also not in favor of bailing out busiensses that get into
trouble because their President makes bad decisions, that resulted in the
company being in that kind of trouble. Does that make my position a little
clearer?
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