RobertsJim's Comments RobertsJim's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/165683/comments Winter's Coming for the Boomers: Part 2 http://seekingalpha.com/article/148387-winter-s-coming-for-the-boomers-part-2?source=feed#comment-587313 587313 Tue, 14 Jul 2009 10:06:24 -0400 The Coming Depression: See It Clearly Through Historical Eyes http://seekingalpha.com/article/122036-the-coming-depression-see-it-clearly-through-historical-eyes?source=feed#comment-399913 399913 Mon, 23 Feb 2009 10:38:56 -0500 Gold: Now Demonstrating Trust in Obama http://seekingalpha.com/article/120770-gold-now-demonstrating-trust-in-obama?source=feed#comment-390617 390617
Result: Affordable mortgages for all. Foreclosures are virtually eliminated. Falling housing values are abated if not stopped in their tracks. Banks are made more solvent, and our consumption based economy is invigorated by millions and millions of home owners who--having had their mortgages refinanced to 20% of its market value--have billions and billions of bucks with which to spend and save (which is merely deferred consumption, after all).

Cost: T'won't be cheap. For sure it will be in the same realm as all the other trillion dollar solutions to stoke America's engine so her train she can start a-movin again.

To recoup this massive investment by Uncle Sam in lots of real estate (75% of all homes have a mortgage), he'll need to place a lien on these houses so, when they sell, our generous Uncle can be made whole. ]]>
Mon, 16 Feb 2009 12:35:54 -0500
Result: Affordable mortgages for all. Foreclosures are virtually eliminated. Falling housing values are abated if not stopped in their tracks. Banks are made more solvent, and our consumption based economy is invigorated by millions and millions of home owners who--having had their mortgages refinanced to 20% of its market value--have billions and billions of bucks with which to spend and save (which is merely deferred consumption, after all).

Cost: T'won't be cheap. For sure it will be in the same realm as all the other trillion dollar solutions to stoke America's engine so her train she can start a-movin again.

To recoup this massive investment by Uncle Sam in lots of real estate (75% of all homes have a mortgage), he'll need to place a lien on these houses so, when they sell, our generous Uncle can be made whole. ]]>
Radical Solution to Housing Mess http://seekingalpha.com/article/119308-radical-solution-to-housing-mess?source=feed#comment-381146 381146
(a) assign the deeds to their crack houses in-waiting to local governments which are poised to promptly

(b) transfer them to area non-profits and to pre-qualified (i. e., experienced landlords) individual investors to restore and rent.

The deeds for these derelict properties can come with a lien requiring some form of equitable profit sharing for the original lender.

Use this technique only in communities blighted with a disproportionate number of abandoned homes.


On Feb 09 06:58 AM MauiJeff wrote:

> The government owned public housing in your city should show you
> how well people take care of what is not owned by the occupants.
> The US would be one big project, crack dealers living 3 bedroom 2
> bath tract homes. Go back to the golf course Bob.]]>
Mon, 09 Feb 2009 12:05:47 -0500
(a) assign the deeds to their crack houses in-waiting to local governments which are poised to promptly

(b) transfer them to area non-profits and to pre-qualified (i. e., experienced landlords) individual investors to restore and rent.

The deeds for these derelict properties can come with a lien requiring some form of equitable profit sharing for the original lender.

Use this technique only in communities blighted with a disproportionate number of abandoned homes.


On Feb 09 06:58 AM MauiJeff wrote:

> The government owned public housing in your city should show you
> how well people take care of what is not owned by the occupants.
> The US would be one big project, crack dealers living 3 bedroom 2
> bath tract homes. Go back to the golf course Bob.]]>
Ben Stein Watch: December 28, 2008 http://seekingalpha.com/article/112467-ben-stein-watch-december-28-2008?source=feed#comment-340425 340425
For the record, I like Mr. Stein's talent giving a human dimension to the economic crisis de jour.

Perhaps he takes to much literary license from time to time, or conducts too much research into claims that he should have recognized as phony from the get-go, but that's all part of his charm.

His critic, Felix Salmon, is a half-empty-glass guy who will find persuasive fault with the Gettysburg Address.
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Mon, 29 Dec 2008 10:13:33 -0500
For the record, I like Mr. Stein's talent giving a human dimension to the economic crisis de jour.

Perhaps he takes to much literary license from time to time, or conducts too much research into claims that he should have recognized as phony from the get-go, but that's all part of his charm.

His critic, Felix Salmon, is a half-empty-glass guy who will find persuasive fault with the Gettysburg Address.
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Damage Report 2008: Household Wealth Down $10 Trillion http://seekingalpha.com/article/110730-damage-report-2008-household-wealth-down-10-trillion?source=feed#comment-329827 329827
Intentionally placing your hard earned money in a bank saving it for the proverbial rainy day creates credit available to small and large businesses.

With the savings entrusted to it, the bank has to rent this money to creditworthy borrowers.

Savings is the fuel for economic growth. Don't fear it; foster it.

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Mon, 15 Dec 2008 10:04:13 -0500
Intentionally placing your hard earned money in a bank saving it for the proverbial rainy day creates credit available to small and large businesses.

With the savings entrusted to it, the bank has to rent this money to creditworthy borrowers.

Savings is the fuel for economic growth. Don't fear it; foster it.

]]>
It Might Be Impossible to Stop the Decline of Housing Prices http://seekingalpha.com/article/104904-it-might-be-impossible-to-stop-the-decline-of-housing-prices?source=feed#comment-301204 301204
Solution: Establish a new, sharp source of demand by adding to to eligibility criteria for immigration the requirement to buy a house, perhaps via rent-to-own deals that require modest down payments (i.e., option payments, non-refundable except in certain instances).

No home purchase contract; no green card.



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Sun, 09 Nov 2008 12:01:26 -0500
Solution: Establish a new, sharp source of demand by adding to to eligibility criteria for immigration the requirement to buy a house, perhaps via rent-to-own deals that require modest down payments (i.e., option payments, non-refundable except in certain instances).

No home purchase contract; no green card.



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I.O.U.S.A. http://seekingalpha.com/article/92145-i-o-u-s-a?source=feed#comment-236398 236398 Fri, 22 Aug 2008 10:03:10 -0400 I.O.U.S.A. Movie Is Well-Done and Informative http://seekingalpha.com/article/92148-i-o-u-s-a-movie-is-well-done-and-informative?source=feed#comment-236395 236395 Fri, 22 Aug 2008 10:01:22 -0400 Buying Up Foreclosed Single-Family Homes - Smart? http://seekingalpha.com/article/89617-buying-up-foreclosed-single-family-homes-smart?source=feed#comment-224870 224870
I'd say Silver Portal's biggest problem will be finding enough good renters. ]]>
Thu, 07 Aug 2008 09:09:04 -0400
I'd say Silver Portal's biggest problem will be finding enough good renters. ]]>
And You Think Today's Gas Prices Are High? http://seekingalpha.com/article/83811-and-you-think-today-s-gas-prices-are-high?source=feed#comment-199217 199217 Sun, 06 Jul 2008 11:48:43 -0400