Comments on: “Can we ask Ms. Pelosi to enforce party unity as one normally might enforce party unity?”

By: Michael Ejercito

Michael Ejercito — Wed, 01 Oct 2008 13:17:38 +0000

Obama could never have become the nominee of the DNC if he was not black.

It does beg the question of how he became the nominee in the first place, considering that a lot of the negatives about him (his state Senate record, his connections with William Ayers and Jeremiah Wright) were already known during the primary season.

Were his primary opponents as inept as John Kerry was in the 2004 general elections?

By: Bob Loblaw

Bob Loblaw — Wed, 01 Oct 2008 05:05:29 +0000

"When Minority Whip Roy Blunt (R-Mo.) went to the floor on Monday, he anticipated that 75 House Republicans would vote for the revamped financial rescue package." The Hill

By: Chris

Chris — Wed, 01 Oct 2008 04:41:18 +0000

Hasta…

By: JD

JD — Wed, 01 Oct 2008 04:35:00 +0000

g’night, all.

By: JD

JD — Wed, 01 Oct 2008 04:32:48 +0000

Gmac. It was bank-owned. We have our eyes on a couple others, but our mortgage company thinks that given the climate, it might be a stretch to get another non-owner-occupied investment.

By: Chris

Chris — Wed, 01 Oct 2008 04:29:52 +0000

You’ll do well on that. I’m assuming you had a distressed seller. Good move. Gonna take a bit longer for things to recover out here in CA but I’m keeping my eyes open at the moment.

By: JD

JD — Wed, 01 Oct 2008 04:28:09 +0000

We got 5.75% on the re-fi and on the investment property.

I am in Indianapolis, Chris.

By: Chris

Chris — Wed, 01 Oct 2008 04:20:34 +0000

Also notice that the dollar was up–huge today. Another good sign for us.

By: Chris

Chris — Wed, 01 Oct 2008 04:19:13 +0000

Yea, rates went up a bit today. Actually a semi-positive sign. We’ve had rates too low for too long. Not pining for inflation but we need “healthy” inflation. The Fed’s target rate has been too low for a couple of decades. Deflation is/was possible and the ramifications from that would be brutal.

What area was the bank-owned property in?

By: JD

JD — Wed, 01 Oct 2008 04:10:47 +0000

That is comforting, Chris. Thanks.

I got great rates locked in for a re-fi, which was fortunate, as the rates would have been 4/10ths higher by the time we wrote our names on the papers today.

We also got a great rate for a bank-owned investment property, which I was told was very difficult to do at this time.