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How is your gvt trying to screw you?

Discussions about the economic and financial ramifications of PEAK OIL

Re: How is your gvt trying to screw you?

Postby uNkNowN ElEmEnt » Wed 25 Mar 2009, 04:34:20

Since the inception of the first metropolitan police force in London England in 1829 the mandate has always been to protect the upper classes from the citizenry against whom they feel threatened. This is just another means to do that.

Anyone who thinks cops are out there to help, or protect them either has met a rare cop or is nuts. I hate cops and I teach my kids to stay the hell away from them.
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Re: How is your gvt trying to screw you?

Postby Ludi » Wed 25 Mar 2009, 10:14:43

$this->bbcode_second_pass_quote('AAA', '')$this->bbcode_second_pass_quote('Ludi', '
')Nah, you said earning $250,000 is "lower middle class." :lol:


It is where I live. Anyone from Southern California can attest to that.



I'M from Southern California, you silly!

:lol:

median household income in Los Angeles County 2007 was $53,494

http://quickfacts.census.gov/qfd/states/06/06037.html
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Re: How is your gvt trying to screw you?

Postby AAA » Wed 25 Mar 2009, 11:21:47

$this->bbcode_second_pass_quote('Ludi', '
')

I'M from Southern California, you silly!


If I recall you moved away a while back. 12 years ago, I think???

$this->bbcode_second_pass_quote('Ludi', '
')median household income in Los Angeles County 2007 was $53,494

http://quickfacts.census.gov/qfd/states/06/06037.html


That doesn't mean anything except we have more poor people than anyone else.

median household income in Canadian County, Oklahoma 2007 was $58,044

http://quickfacts.census.gov/qfd/states/40/40017.html
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Re: How is your gvt trying to screw you?

Postby MarkJ » Wed 25 Mar 2009, 16:00:37

$this->bbcode_second_pass_quote('AAA', '')$this->bbcode_second_pass_quote('MarkJ', 'N')ow that most vehicle data is computerized, some license plate readers in police cars can tell if a vehicle is unregistered, uninspected, uninsured, stolen, has expired/switched plates or if the registrant has outstanding tickets or warrants.


All this makes me feel safer. I actually like the thought of a govt big brother.

I have nothing to hide so I don't worry about it.


From a safety perspective, the license plate readers, roadblocks and roadside truck inspections take a lot of unregistered, uninsured, uninspected, unsafe vehicles off the road.

Plenty of people are driving without insurance, expired registrations, expired inspections or bad tires, brakes, suspension, steering, emissions etc due to unemployment, under-employment lack of savings, lack of credit etc.

Many of the people and/or their passengers stopped due to vehicle or traffic violations are also charged with drug, alcohol, weapons violations or arrested due to outstanding warrants which could also be beneficial from a safety perspective.
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Re: How is your gvt trying to screw you?

Postby vision-master » Wed 25 Mar 2009, 17:11:45

$this->bbcode_second_pass_quote('MarkJ', '')$this->bbcode_second_pass_quote('AAA', '')$this->bbcode_second_pass_quote('MarkJ', 'N')ow that most vehicle data is computerized, some license plate readers in police cars can tell if a vehicle is unregistered, uninspected, uninsured, stolen, has expired/switched plates or if the registrant has outstanding tickets or warrants.


All this makes me feel safer. I actually like the thought of a govt big brother.

I have nothing to hide so I don't worry about it.


From a safety perspective, the license plate readers, roadblocks and roadside truck inspections take a lot of unregistered, uninsured, uninspected, unsafe vehicles off the road.

Plenty of people are driving without insurance, expired registrations, expired inspections or bad tires, brakes, suspension, steering, emissions etc due to unemployment, under-employment lack of savings, lack of credit etc.

Many of the people and/or their passengers stopped due to vehicle or traffic violations are also charged with drug, alcohol, weapons violations or arrested due to outstanding warrants which could also be beneficial from a safety perspective.


As long as it's not in my neighborhood.......... :mrgreen:
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Re: How is your gvt trying to screw you?

Postby AAA » Wed 25 Mar 2009, 17:17:49

$this->bbcode_second_pass_quote('vision-master', '
')As long as it's not in my neighborhood.......... :mrgreen:


It might not be bad out here where there are more illegals than there are US citizens.

One worry out here is having an illegal wreck into you and they dont have insurance so your insurance then takes the claim. And you would be lucky to get anything from them if you took them to court. Mostly likely they would never show anyhow..
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Re: How is your gvt trying to screw you?

Postby vision-master » Wed 25 Mar 2009, 17:32:12

$this->bbcode_second_pass_quote('AAA', '')$this->bbcode_second_pass_quote('vision-master', '
')As long as it's not in my neighborhood.......... :mrgreen:


It might not be bad out here where there are more illegals than there are US citizens.

One worry out here is having an illegal wreck into you and they dont have insurance so your insurance then takes the claim. And you would be lucky to get anything from them if you took them to court. Mostly likely they would never show anyhow..


I'm covered, we have 'no fault insurance'. :lol:
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Re: How is your gvt trying to screw you?

Postby Ludi » Thu 26 Mar 2009, 10:05:33

$this->bbcode_second_pass_quote('AAA', '
')
If I recall you moved away a while back. 12 years ago, I think???



You seem to be claiming cost of living has doubled or tripled in that period of time. I have my doubts. I have friends out there who seem to be living quite a nice middle-class lifestyle on $100,000 or less per year.
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Re: How is your gvt trying to screw you?

Postby gollum » Thu 26 Mar 2009, 10:51:05

Freedom loving citizens should destroy these cameras at every opportunity.
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Re: How is your gvt trying to screw you?

Postby oyvey » Thu 26 Mar 2009, 11:32:15

Wearing Richard Nixon masks can help.

Or everyone just get one of these, you won't look suspicious.


Image

or this one:

Image

Careful, you may get picked up on a date with this last one.


you can buy it buy clicking on here
http://cgi.ebay.com/Female-Latex-Mask-rubber-latexmask-very-sexy_W0QQitemZ170310601465QQcmdZViewItemQQptZLH_DefaultDomain_0?hash=item170310601465&_trksid=p3286.c0.m14&_trkparms=72%3A1205|66%3A2|65%3A12|39%3A1|240%3A1318|301%3A0|293%3A1|294%3A50

Image

this one is on EBAy also.
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Re: How is your gvt trying to screw you?

Postby AAA » Thu 26 Mar 2009, 12:06:50

$this->bbcode_second_pass_quote('Ludi', '
')You seem to be claiming cost of living has doubled or tripled in that period of time. I have my doubts. I have friends out there who seem to be living quite a nice middle-class lifestyle on $100,000 or less per year.


Ludi, how old are you and when did your friends purchase their house?

For example.

Here is a house for sale in Burbank for $1,350,000.

Estimated payments with 10% down and7% interest rate: $8,200/month
Estimated property tax: $16,875/year
ONLY Mortgage and Property Tax per year: $115,275

Here shows that the house was last sold in 2002 for $950,000.

Estimated payments with 10% down and 7% interest rate: $5,768/month
Estimated property tax: $11,875/year
ONLY Mortgage and Property Tax per year: $81,091

Now lets pretend the previous sales date was 1985 for $250,000
Estimated payments with 10% down and 7% interest rate: $1,500/month
Estimated property tax: $1800/year
ONLY Mortgage and Property Tax per year: $19,800

So yes you can live a middle class lifestyle in LA if you make under $100,000 but you would have needed to buy your house in the 80s.
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Re: How is your gvt trying to screw you?

Postby AAA » Thu 26 Mar 2009, 12:11:45

I forgot to mention this link also shows the house was bought in 2007 for $1,400,000

So the people are actually taking a lose if they sell the house.
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Re: How is your gvt trying to screw you?

Postby AAA » Thu 26 Mar 2009, 12:21:54

Hereis a house for sale in Torrance for $1,248,500.

Last sales date was 2002 for $719,000

74% increase in 7 years.

Built in 1956, 3 bedroom, 2 bath, and 1,918 sqft.
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Re: How is your gvt trying to screw you?

Postby Ludi » Thu 26 Mar 2009, 12:28:01

They rent a house in Silverlake. They are in their late 40s. Many middle-class people in large cities rent rather than own.

Why do you always link to expensive homes, as if that were all that is available?
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Re: How is your gvt trying to screw you?

Postby vision-master » Thu 26 Mar 2009, 12:29:58

Inflated market. I'm 15 min from downtown Mpls/ St Paul. I have a 1,400sf townhouse in an up-scale area. My new tax asessment was $130,000. :lol:
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Re: How is your gvt trying to screw you?

Postby Ludi » Thu 26 Mar 2009, 12:38:27

$this->bbcode_second_pass_quote('vision-master', 'I')nflated market. I'm 15 min from downtown Mpls/ St Paul. I have a 1,400sf townhouse in an up-scale area. My new tax asessment was $130,000. :lol:



Yep. Here in TX our land valuation has increased over 300% since we bought it about a dozen years ago. But that doesn't make us poor just because land values are so stupidly over-inflated we couldn't buy a place here now. We're still middle-class.
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Re: How is your gvt trying to screw you?

Postby AAA » Thu 26 Mar 2009, 12:46:04

$this->bbcode_second_pass_quote('Ludi', 'T')hey rent a house in Silverlake. They are in their late 40s. Many middle-class people in large cities rent rather than own.

Why do you always link to expensive homes, as if that were all that is available?


Ludi, you are making this difficult for yourself.

Here is a list of homes for sale in Silver Lake (I assume the same Silver Lake) that are 3+ bedroom, 2+ bath, and 2,000+sqft.

The cheapest home for sale is $525,000

The average is over $1,000,000
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Re: How is your gvt trying to screw you?

Postby patience » Fri 27 Mar 2009, 09:42:27

AAA,

I have a daughter in Chula Vista, CA. I'm familiar with the outrageously inflated housing prices in CA, (now crashing) but here in the midwest, it still sounds like fantasy, which in reality, it is. Housing is worth what the market will pay for it, in any case. Not so much now in CA, IF you can find a buyer at all Daughter's gated community is not gated now--the homeowner's assoc. is broke, the rules of minimum size home/one family per home, etc., are gone, since there is no one to enforce those. Result is, with 3 out of 5 homes foreclosed on, REIT's made up of a few wealthy investors have bought the neighboring homes out of foreclosure and turned them into 4 and 5 unit apartments, rented to whomever. You can Google Earth the area and see brown yards everywhere, = empty homes where nobody waters the grass. I see southern CA going back to the desert it was before the Colorado River was diverted to support it, and the home values following that. (Can't convince my daughter though, she is infected with whatever is in the water out there that convinces people it is heaven on earth.)

This reality does not fit in my mind with $1,000,000+ home values, so any reference to such a market immediately makes me think these purported values are from a dinosaur market that doesn't know yet that it is dead. With the ongoing economic problems in the US, whatever happens in CA may just as well be on another planet, from the view in the midwest. For reference, my one acre lot with a 30 year old 1,500 sq. ft. ranch on it is supposed to be worth about $130,000, but nobody has sold a home here for the past year, so who knows?

Home prices = pie-in-the-sky, IMHO.
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Re: How is your gvt trying to screw you?

Postby Ludi » Fri 27 Mar 2009, 09:52:05

$this->bbcode_second_pass_quote('AAA', '
')Ludi, you are making this difficult for yourself.



Really? I don't think so. My friends are middle class living in Silverlake, renting a nice house. Just as my husband and I were middle class living in Burbank renting a house.

I don't think you'll ever convince me a person making $250,000 or more in Los Angeles is "lower middle class." If that makes it "difficult" for me, oh well. :)

If you think a person can't be middle class and not own a home, well, we just have different definitions of the label "middle class."
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Re: How is your gvt trying to screw you?

Postby mos6507 » Fri 27 Mar 2009, 17:29:17

I don't know what house prices are like in Los Angeles County but when I was there last year they were still insane, and they are still insane here in the inner-run Boston suburbs.

Not only that, but rentals in Los Angeles County are also very high. I was paying close to $1,500 a month for a 1BR apartment in Culver City.

I don't see how anyone gets by in these areas without roommates or two-earner households.

A crash in house prices can't come soon enough for these areas.
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