And Obama 's a boomer so we have a few more election cycles before young folks turn old and they can do it better because ... nevermind.
. On Wed, Apr 6, 2011 at 8:17 PM, Robert Munn <[email protected]> wrote: > > The boomers are to blame, Sam, you can't escape your generation's > fecklessness. Don't look at me, I wanted to reform Social Security > twenty years ago. I'm an X-er and I bought my first house in 1996 for > $175K. I sold it two years later for $265K. I bought my second house > for $300K, sold it for $500K two years later. You know who made those > gains literally materialize out of thin air for me? Bill Clinton > (Boomer), who changed the tax laws to promote home buying. And it > worked great - until it didn't work any longer. People ended up > putting 0% down because they were already getting sucked dry by the > Boomers and they didn't have money to put down. So Boomers made a > special dispensation for them - 100% financing! Guaranteed to provide > some payment for awhile and then a nice house after the poor owner > figures out he got in over his head. Only when everyone default, the > entire system turns to shit - which is where your generation finds > itself today. > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336034 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
