Digg

The Digg Crew wants to hear your thoughts!
Please take our short survey about Digg and potential feature ideas.

daveramsey.com — Rewrite any mortgage that is more than three months delinquent to a 6% fixed-rate mortgage... and more

bajones 65 days ago

NavyCS, on 09/30/2008, -0/+3How about those who are delinquent on their mortgage pay it up to date, if they cannot then get a second or third job. If that isn't enough sell the house (take the loss) and move into someplace smaller - build a lean-to, sleep in a box, whatever - shouldn't be a problem for the rest of us.
jimbocook, on 09/30/2008, -0/+3I just don't like eliminating the capital gains tax. I don't see why we should pay taxes for working but not for investing. And I think it rewards the wrong people. It just smacks of the Republicans using a crisis to get what they've always wanted. I don't think we have a huge amount of "main street" folks invested in the market outside their retirement plans.

And I have mixed feelings about stopping foreclosures but his plan on that seems reasonable.

I don't know enough to have an opinion on mark to market. If these securities are worthless or not worth much, it seems like companies ought to recognize that. If they have value, then figure out a way to value them.

And whatever the government does, it seems like it's manipulating the market to protect investors. Sounds like trickle down socialism to me.
- NavyCS, on 09/30/2008, -0/+1"Sounds like trickle down socialism to me."
  
  Exactly!
Login or register to add a comment

Create a new account or login to join in the conversation on Digg. You'll also be able to Digg stories to help promote things you like.

Login or register to add a comment