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Hampton Roads Daily Press

Tamara Dietrich: Eminent domain: Quick-take, slow-take an...

How is the government taking property capitalism unchecked? the mind boggles.  (Jun 17, 2009 | post #6)

Hampton Roads Daily Press

NN might regulate shipping containers used as storage sheds

I think that storage container was there when *I* went to Menchville...last century.  (Jun 17, 2009 | post #12)

Hampton Roads Daily Press

There's still a market for luxury apartments

Sounds like most of these high-end complexes have community centers, too, HG.  (Jun 16, 2009 | post #30)

Hampton Roads Daily Press

There's still a market for luxury apartments

But future generations are being punished for people's irresponsibility. What do you think TARP is? Eventually that will have to be paid back. All the "regulation " in the world isn't going to fix a fundamentally broken system, whether that's finance or health care. Washington created the mess, and the mortgage deduction is part of the problem. It's not all of it, but it's a big part. Loosening the lending standards to cover more people played a part, too. That's going away out of necessity, because Freddie Mac and Fannie Mae are bankrupt. As for Obama's tax increases, he'll get away with it. I still haven't been able to figure out if in his budget proposal whether the lower bracket cuts were extended. I don't think they are, rather, he's making up for them in the form of "refundable credits." It's just that most of those go away as you get into the top two brackets. And, no, the mainstream media won't call him on it. /He already raised taxes on smokers, but that got very little mention. And most people who smoke are in the lower brackets  (Jun 16, 2009 | post #19)

Hampton Roads Daily Press

There's still a market for luxury apartments

Because much of what's going on with the "credit crisis" is directly related to housing. It takes two forms -- the first being people who bought homes with no intention of staying in them and actually paying principle on the mortgages. The second is funding of consumer over-consumption through the ability of homeowners to convert consumer debt to mortgage debt. It relies upon a neverending increase in property values to work. We had that for fifteen years. But the 125% jumbo loans start going away, and people can't afford to buy Hummers anymore. Yes, temporary spikes in gas prices affected sales, but hybrid sales are in the toilet now compared to what they were nine months ago. As for Obama's promise, if you believe that, I've got a bridge for sale that might interest you. There's no way that he can keep that promise. In fact, the taxing of health benefits illustrates that perfectly. And there's only so much that can be squeezed from those making more than $250k/yr. (Not to mention that that arbitrary bracket now covers a lot more people than it did when Clinton left office due to inflation). And part of his proposal involved the Cap-and-Trade provisions, which will raise energy taxes. "Oh, but you'll make up for it by having more efficient cars and appliances." Okay, right. Everyone will be paying more taxes. It's impossible to avoid without completely destructive deficit spending.  (Jun 16, 2009 | post #16)

Hampton Roads Daily Press

There's still a market for luxury apartments

And those people who bought houses on interest-only mortgages....? I like the fact that I can live in a beautiful old building (over a hundred years), within walking distance to nearly anything I'd need. And soon, there'll be a light rail stop half a block from where I live in Norfolk. I'm single. I don't have any kids. I don't have any pets. I travel a lot. An apartment is perfect for my lifestyle. After I get married (next year), if we decide to have kids (still unsure), then we'll start looking at buying something. If someone really wanted to fix the housing mess, they'd kill off the mortgage deduction. Heck, I might even vote to re-elect Obama if he'd do that. Alas, I don't see that happening. Especially in light of the latest medical benefits tax proposal -- you know, the one where everyone except union and government workers will have their benefits taxed as compensation. Unbelievable. But, then, that might apply, too, to the mortgage deduction. Want your mortgage interest tax free? Where's your union card?  (Jun 16, 2009 | post #8)

Hampton Roads Daily Press

'Them Jews'? Rev. Wright spews bigotry like verbal sewage

Well, then, I suppose she's outraged at all the ad revenue the Daily Press has reaped from publishing his racist remark? Just curious.  (Jun 13, 2009 | post #208)

Hampton Roads Daily Press

Rev. Wright says he doesn't regret severed relationship w...

Wow. Just wow.  (Jun 10, 2009 | post #11)

Hampton Roads Daily Press

Votes and visitors

Yay for open primaries. Since most of the time, both aren't having one, I vote for the guy/gal I dislike least. I've done this several times. 2000: Bush over McCain (voted Browne) 2006: Whoever the guy was running against Lt. Dan (voted Allen) 2007: Marty Williams (against Tricia Stall) This morning, I voted for Terry McAuliffe. He's the one who disturbs me the least. Deeds is Kaine Part II (make me long for Jim Gilmore). Moran is completely delusional. Will likely vote McDonnell in the general election  (Jun 9, 2009 | post #1)

Hampton Roads Daily Press

Go vote: It's primary day for Democrats

First voter at my precinct in Norfolk this morning. No line at all. /McAuliffe,Wagner, Doug Smith //Will not vote for either of the first two in the general election  (Jun 9, 2009 | post #2)

Hampton Roads Daily Press

Surry coal plant: Just say no

.....And were it not for the "Everybody Panic!" media, NIMBYers, and the "green" movement against nuclear power starting 30 years ago, nobody would be considering building a coal-fired plant in 2009. Thank you, TMI. Thank you, Jimmy Carter.  (Jun 7, 2009 | post #10)

Hampton Roads Daily Press

3 tractor-trailers crash, shut down tunnel

Yeah, but Mr. Computer always makes me cringe when he talks about what may "impact" my travel. I really don't want to think about impacts while driving. In the case of the lead truck here, there were three of them.  (Jun 5, 2009 | post #10)

Hampton Roads Daily Press

Confirmed case of swine flu at Grafton High School

And, as of Monday, the CDC was reporting seventeen deaths nationwide, out of over 11,000 cases. http://www.cdc.gov /h1n1flu/update.ht m So, firing up calc.exe, 0.15% of people who've been infected have died. Or, to put it another way, that's similar to the pregnancy rate of women who've had tubal ligation. More people died in Virginia traffic accidents over Memorial Day weekend (four days) than who've died here in over two months of H1N1 hysteria. But, I understand that statistics is something most people can't wrap their brains around. And it's so much fun to live life in constant fear. And it sells newspapers. And holds viewers on television. Keep that audience long enough for them to see some ads.  (Jun 4, 2009 | post #3)

Hampton Roads Daily Press

Confirmed case of swine flu at Grafton High School

Someone got swine flu at Grafton HS Everybody Panic! (and ignore the part about him/her getting better at home)  (Jun 3, 2009 | post #1)

Hampton Roads Daily Press

Dreyfuss promotes a return to civility, civics

This means something.....  (Jun 2, 2009 | post #1)

Q & A with hurdboy

Headline:

o rly?

Hometown:

Norfolk

Neighborhood:

Freemason

I Belong To:

the lollipop guild

Read My Forum Posts Because:

I'm a radical moderate

I'm Listening To:

the ceiling fan

Read This Book:

Atlas Shrugged

Favorite Things:

Sleep

On My Mind:

Work

Blog / Website / Homepage:

control-h.org

I Believe In:

gravity.