It's a reflexive throwaway line that you almost always insert,
gratuitously, to account for Bad Economic News.

On Tue, Feb 3, 2015 at 11:17 AM, Rich Thomas via Mercedes <
mercedes@okiebenz.com> wrote:

> It was not any sort of blame, just pointing out the concurrency of
> events.  Every president gets the [president]oconomics label. Reaganomics,
> Clintonomics, Busheconomonomics, etc.
>
> Interesting though that you see it as blame.  Being closer to it all, I
> guess you have a better sense of it.
>
> --R
>
>
> On 2/3/15 11:05 AM, Andrew Strasfogel wrote:
>
>> How comforting that Obama can be blamed for everything bad that's
>> happened in the USA since 1/20/2009.  As Ross Perot would say, "It's just
>> tthat simple":
>>
>> On Tue, Feb 3, 2015 at 10:58 AM, Rich Thomas via Mercedes <
>> mercedes@okiebenz.com <mailto:mercedes@okiebenz.com>> wrote:
>>
>>     There were/are a bunch on Kiawah too, a lot of the swells got a
>>     bit overextended in the Obamaconomy and quit paying the nut on
>>     their $1M+ swankiendas.  Most of them probably didn't actually
>>     spend much time there, these were 1%er trophy casitas, so ejecting
>>     them was not likely a problem.  They also kept all that very
>>     hushhush on the island, not wanting to tarnish the Kiawah brand.
>>
>>     But if you need to get them out, a sheriff can help after the
>>     proper notices and such.  In DC, the squatter probably has more
>>     rights than the new owner though, so YMMV.
>>
>>     When we bought our house up near Boston, the PO left one of his
>>     loser kids there, we had to encourage him to leave in fairly
>>     emphatic terms, once discerning he was still alive and
>>     semi-functional.
>>
>>     --R
>>
>>
>>     On 2/3/15 10:41 AM, Andrew Strasfogel wrote:
>>
>>         There are lots of foreclosed properties even in affluent parts
>>         of the DC area.  How does this play out if you purchase one of
>>         these homes and need to evict the homeowner/tenant/squatter?
>>
>>         On Tue, Feb 3, 2015 at 10:39 AM, Rich Thomas via Mercedes
>>         <mercedes@okiebenz.com <mailto:mercedes@okiebenz.com>
>>         <mailto:mercedes@okiebenz.com <mailto:mercedes@okiebenz.com>>>
>>         wrote:
>>
>>             I was told by a realtor friend that the banks don't like to
>>             foreclose because then the bad asset moves to some other
>>         category
>>             and it makes the bank look bad in audits or whatever, so
>>         they just
>>             let them ride without moving on the foreclosure.  I don't
>>         know how
>>             that all works, but it sorta makes sense.
>>
>>             --R
>>
>>
>>             On 2/3/15 5:38 AM, Dan Penoff via Mercedes wrote:
>>
>>                 We know a former neighbor who was in her foreclosed
>>         home for
>>                 over five years. She moved out and her ex-husband
>>         moved in a
>>                 couple of months ago. The bank still hasn't foreclosed
>>         on them.
>>
>>                 I get giddy thinking of what I could do with five
>>         years of no
>>                 house payments.
>>
>>                 Dan
>>
>>                 Sent from my iPad
>>
>>                     On Feb 2, 2015, at 5:52 PM, Rick Knoble via Mercedes
>>                     <mercedes@okiebenz.com
>>         <mailto:mercedes@okiebenz.com> <mailto:mercedes@okiebenz.com
>>         <mailto:mercedes@okiebenz.com>>> wrote:
>>
>>                     ‎Original Message
>>                     From: Dan Penoff via Mercedes
>>                     Sent: Monday, February 2, 2015 4:36 PM
>>                     To: Mercedes List
>>                     Reply To: Dan Penoff
>>                     Subject: Re: [MBZ] Secret message for Dan
>>
>>                         Yabbut the worst part is that >things like
>>         mortgage
>>                         interest, a >pretty decent deduction, is >trending
>>                         down as I pay off my >house.  Yet - as I get
>>         older I
>>                         make >more money
>>
>>                     Almost seems designed that way...‎
>>
>>                         I’ve got some credit card balances >I’m
>>         thinking about
>>                         taking a >second mortgage out for to cut >the
>>         interest
>>                         cost and make the >interest deductible….
>>
>>
>>                     Mortgage interest deduction is a scam. On every
>>         dollar in
>>                     interest you pay, you deduct 28 cents from your
>>         tax bill.
>>                     The only ones making out are the banks.
>>
>>                     Spend a dollar, get 28 cents back. Better odds at
>>         a casino.
>>
>>                     Pay the house off, and be done.
>>
>>                     OR
>>
>>                     Rent it out, buy a multi-million dollar mansion, don't
>>                     make a payment, and wait to see if the bank ever
>>         throws
>>                     you out. I have read a lot of stories about banks not
>>                     foreclosing for various reasons.
>>
>>                     Rick
>>                     Sent from my BlackBerry Z10
>>
>>
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> _______________________________________
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