dagblog - Comments for "Time to party like it's 1929... cause it is"

No, it wasn't/isn't my doing

oleeb — Sun, 14 Dec 2008 10:46:39 +0000

In reply to Time to party like it's 1929... cause it is

No, it wasn't/isn't my doing at all. I don't have any clue what that's about. As far as I know, everyone who wants to comment, gets to comment as they please, when they please.

Ellen, Several of us who are

artappraiser — Sat, 13 Dec 2008 21:06:49 +0000

In reply to Time to party like it's 1929... cause it is

Ellen,

Several of us who are big with the links figured out that that happens when you put more than 2 links in a comment--it's a spam filter. And tbat that file is basically be a wastebasket, as no one here in management appears to be looking at it. You can get around it by breaking such a comment up into parts, i.e. "continued in reply..."

My comment received a

Ellen — Sat, 13 Dec 2008 20:26:42 +0000

In reply to Time to party like it's 1929... cause it is

My comment received a "waiting for blog owner's approval" response and has yet to be posted*.

If that result was not of your doing, you have my apologies.

* My comment (which agreed with your argument) had three links and took some time to craft -- thus, my "attitude" when it was rejected.

Oleeb, I hope you have sent

hoppycalif2 — Sat, 13 Dec 2008 05:30:52 +0000

In reply to Time to party like it's 1929... cause it is

Oleeb, I hope you have sent this to the Change.gov website. It is so good I have no doubt that it would have some influence there.

About schools: We have public schools up through the 12th grade, paid for by taxes of various kinds, and freely available to everyone. Perhaps that should be extended up through the 16th grade. If that were to go along with an end to social promotions in schools much of our educational problems would go away. But, one additional step could also be taken: today my 3 year old grandson can count and read numbers, read simple words, recite the alphabet, etc. and he is just an ordinary kid. So, perhaps first grade should start at age 5.

I dont quite get the point of

oleeb — Sat, 13 Dec 2008 02:53:18 +0000

In reply to Time to party like it's 1929... cause it is

I dont quite get the point of your childish post, but honestly I don't care.

It's a chicken and egg

oleeb — Sat, 13 Dec 2008 02:49:53 +0000

In reply to Time to party like it's 1929... cause it is

It's a chicken and egg situation. We must have both and one cannot wait for the other. A full committment to education must begin at the beginning so we're agreed as long as it is simultaneous.

Comment awaiting blog owner's

Ellen — Fri, 12 Dec 2008 21:30:05 +0000

In reply to Time to party like it's 1929... cause it is

Comment awaiting blog owner's approval?

When you're ready to play with the big boys (and girls), oleeb, let us know.

Seeya!

Here here!

burnedoutdem — Fri, 12 Dec 2008 20:41:53 +0000

In reply to Time to party like it's 1929... cause it is

Here here!

"make lenders into

highplainslawyer — Fri, 12 Dec 2008 19:50:24 +0000

In reply to Time to party like it's 1929... cause it is

"make lenders into fiduciaries. If you give somebody a reckless loan that can ruin them, you're on the hook too"

The pre-2005 bankruptcy code did exactly that. Lender like credit card companies have been allowed to charge outrageous rates of interest, charge all sorts of fees and basically make whatever unreasonable terms they wanted to make.

However, if they went too far or loaned money people could not repay, the debts would be discharged in bankruptcy.

There was even a time, prior to 1992, in some areas (like the 9th circuit), where home loans could be stripped down where there was negative equity.

The Bankruptcy Code, prior to 2005, forced lenders to take responsibility for irresponsible lending decisions.

But all of that changed when the Republicans adopted a Bankruptcy Bill written by the credit card industry.

The results were entirely predictable. People can no longer shake off debt. If they are defrauded into borrowing money or do not read the fine print very carefully, they cannot get a fresh start. Those who make more than the median income, that is, those who are most likely to buy homes or new cars, get no relief at all. Others simply are driven into the underground economy.

We don't need to make lenders fiduciaries. We just need to repeal the 2005 Bankruptcy Deform Act.

I would advocate fixing our

burnedoutdem — Fri, 12 Dec 2008 19:33:19 +0000

In reply to Time to party like it's 1929... cause it is

I would advocate fixing our insane public school program before guaranteeing higher ed for everyone - but that's only because I have a handful of college freshmen in my classes who were left high and dry by a lousy public school system and are in danger of being kicked out of the University for not learning four years of writing, speaking, studying and research skills in one semester.

But, once public ed is up to par, then, yes. Higher ed is absolutely a necessity.

In the meantime, I think folks need to get more comfortable with the idea of socializing public necessities - healthcare and education especially.