1.1 million last year. I hear predictions of 1.3-1.5 million this year. GW’s heart was in the right place when he wanted to get more working class people into homes, even if it didn’t make economic sense…or is that cents?
A good joke always reminds you of another… Gary Larson had a “Far Side” cartoon with a giant tree on its side, and Dad, chainsaw in hand, is pointing out to little Jimmy, “…and this ring shows where the old fellow survived a forest fire…”
Every time I hear about foreclosures, I remember when banks used to have loan officers whose job was to review all loan aplications, decide who was a good risk, and turn down the others.
If those precautions had still been in place, I doubt if we’d have all these foreclosures.
Major harvest of redwoods was for grape stakes. (then of course those high value decks and fences- pluse hot tubs) Considering it only takes 2,000 years to grow one to maturity, what would be the “sustained yield” model to replace what we cut? Oops! We blew that one.
Every time I hear about foreclosures, I remember when banks used to have loan officers whose job was to review all loan aplications, decide who was a good risk, and turn down the others.
If those precautions had still been in place, I doubt if we’d have all these foreclosures.
Which is why the Great Plains states mostly don’t have a lot of foreclosures, nor a lot of problems getting loans. Most of the problems are in a handful of states–especially Nevada, California, Arizona and Florida. Which is where the home finance markets went craziest in the bubble.
comicgos almost 14 years ago
QUICK! Cut it down!
thirdguy almost 14 years ago
If a tree falls in the forest, and no one is there to hear it, would it still crush the snot out of everything it landed on?
Boots at the Boar Premium Member almost 14 years ago
1.1 million last year. I hear predictions of 1.3-1.5 million this year. GW’s heart was in the right place when he wanted to get more working class people into homes, even if it didn’t make economic sense…or is that cents?
Sandfan almost 14 years ago
Having your heart in the right place is no substitute for having your brain make the decisions.
nickmangieri Premium Member almost 14 years ago
His heart may have been in the right place but his head was up his keister.
GAMMACAT almost 14 years ago
DOES NOT MAKE ANY SENSE MAKING NEW HOMES IF NO ONE AN AFFORD TO BUY THEM
bergamot almost 14 years ago
OUCH. There’s a joke that hurts. What’s that they say? “There’s a little truth behind every just kidding.”
Barbaratoo almost 14 years ago
I’m with you, bergamot. I was simply going to put: Yikes!
freeholder1 almost 14 years ago
Shouldn’t it be an “after”closure?
freeholder1 almost 14 years ago
And some of them may actually be legal.
freeholder1 almost 14 years ago
The Grapes of the Wrath of Greed and stupidity.
Okie was another word everyone forgot about in History class.
autumnfire1957 almost 14 years ago
Why make new ones when we have empty ones? Can’t we just move the empty ones. They’re empty they should be light.
steverinoCT almost 14 years ago
A good joke always reminds you of another… Gary Larson had a “Far Side” cartoon with a giant tree on its side, and Dad, chainsaw in hand, is pointing out to little Jimmy, “…and this ring shows where the old fellow survived a forest fire…”
Destiny23 almost 14 years ago
”Ooh, look at all those toothpicks!”
(Gotta see the Big Picture…)
BloomCo almost 14 years ago
We don’t even use our natural resources ourselves. Lots of those trees go to Japan.
Justice22 almost 14 years ago
,,,,, “or make 500,000 pairs of chopsticks.”
CogentModality almost 14 years ago
freeholder1 Yes, it should. So, don’t you think that if you behead someone you’d be giving them another head. Bejeweled?
Cmlbx almost 14 years ago
You can’t get a loan unless you prove that you really don’t need it!
Can't Sleep almost 14 years ago
Every time I hear about foreclosures, I remember when banks used to have loan officers whose job was to review all loan aplications, decide who was a good risk, and turn down the others.
If those precautions had still been in place, I doubt if we’d have all these foreclosures.
Dtroutma almost 14 years ago
Major harvest of redwoods was for grape stakes. (then of course those high value decks and fences- pluse hot tubs) Considering it only takes 2,000 years to grow one to maturity, what would be the “sustained yield” model to replace what we cut? Oops! We blew that one.
Dichotomous almost 14 years ago
In Florida it would have been 5!
freeholder1 almost 14 years ago
So my dual grapes of wrath reference finally got to SOMEBODY, dtrout!
bmonk almost 14 years ago
NightShade09 said, about 4 hours ago
Every time I hear about foreclosures, I remember when banks used to have loan officers whose job was to review all loan aplications, decide who was a good risk, and turn down the others.
If those precautions had still been in place, I doubt if we’d have all these foreclosures.
Which is why the Great Plains states mostly don’t have a lot of foreclosures, nor a lot of problems getting loans. Most of the problems are in a handful of states–especially Nevada, California, Arizona and Florida. Which is where the home finance markets went craziest in the bubble.
Trebor39 almost 14 years ago
Cut all the Redwood Trees down except one so that people can see it.
SaunaBeach almost 14 years ago
You’re a sap if you believe ANY of this!!
treered almost 14 years ago
didn’t RR say something to the effect, you only need a few trees by the road so people can stop and take a picture… ?
rockngolfer almost 14 years ago
bmonk, One of my relatives was approved for a loan with payments of $1400 a month, with $12K down.
She coudn’t make the payments, so she lost the house.
She moved into an apartment for $775 a month and couldn’t make the rent.
So what loan officer figured out that she could pay almost twice as much as she could afford? Something fishy, I think.
hitman4cookies almost 14 years ago
Let’s not forget RR’s warnings about the worst environmental threat of all: TREE POLLUTION!
MatureCanadian almost 14 years ago
Wiley, right on the money as usual. Great social commentary folks.
S_T_F_U almost 14 years ago
But I thought we all have the right to government subsidized housing?!?!