[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-13 Thread Gabrielle Obre
Ok, I hear you. Keady has never condemned the acts of Karenga. 

I don't really care about Councilman Keady's personal opinions on
Columbus day or Kwanzaa. I care that as a councilman he treats them
with fairness and a sense of responsibility to the city. Given what he
has posted here, that seems to be the case.

I have never seen Keady bash Columbus day from the dais. Perhaps it is
not wise for councilmen to meld their personal passions with duties as
an elected official. As a voter, his attention to transparency and
communication with the community trumps that lack of wisdom.

I understand your gripe and I don't think its that way off. I just
don't share your personal offense and it really seems you have a
personal issue with Keady. 

Lets move on, we are boring Juicy Jen.



--- In AsburyPark@yahoogroups.com, justifiedright
[EMAIL PROTECTED] wrote:

 --- In AsburyPark@yahoogroups.com, Gabrielle Obre gabrielleobre@ 
 wrote:
 
  Tommy you are impossible.  Keady isn't unsupportive of columbus day 
 or
  kwanzaa...he is against the use of public funds for both events.
  Totally understandable given that the city is broke.
 
 Gabbi words mean things.  If you are going to comment on what I write, 
 please read it first.
 
 I said that He is unsupportive of the City's Columbus and Kwanaa 
 celebrations.  Not in general, the City's celebration.  That's what 
 he opposes.  That's His position, and you can't change that.
 
 That being said, he actually does oppose Columbus Celebrations in 
 general, evidenced by his past vitriolic attacks on the celebration in 
 public, not printed here.
 
 He wants Columbus celebrations infused with bad stories of Columbus.
 
 He does not similarly insist those who celebrate Kwanzaa infuse their 
 ceremonies with terrible crimes of Karenga.
 
 That is His hyporcrisy which I've repeated over and over that neither 
 He nor you nor any other of His supporters will comment on.
 
 Now go ahead and reply without again commenting on that differing 
 treatment by Him of the two groups.  Comment on something else so you 
 don't have to face that he's wrong.
 
 I'll just cite it again after that, and you can ignore it again and 'll 
 ask you again and you'll ignore it again and it will never end.
 
 Let's not do that. 
 
 Go talk about a private property owner who lights up his own hotel.  
 It's more important than a biased councilman.






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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-13 Thread justifiedright
--- In AsburyPark@yahoogroups.com, Gabrielle Obre [EMAIL PROTECTED] 
wrote:

 Tommy you are impossible.  Keady isn't unsupportive of columbus day 
or
 kwanzaa...he is against the use of public funds for both events.
 Totally understandable given that the city is broke.

Gabbi words mean things.  If you are going to comment on what I write, 
please read it first.

I said that He is unsupportive of the City's Columbus and Kwanaa 
celebrations.  Not in general, the City's celebration.  That's what 
he opposes.  That's His position, and you can't change that.

That being said, he actually does oppose Columbus Celebrations in 
general, evidenced by his past vitriolic attacks on the celebration in 
public, not printed here.

He wants Columbus celebrations infused with bad stories of Columbus.

He does not similarly insist those who celebrate Kwanzaa infuse their 
ceremonies with terrible crimes of Karenga.

That is His hyporcrisy which I've repeated over and over that neither 
He nor you nor any other of His supporters will comment on.

Now go ahead and reply without again commenting on that differing 
treatment by Him of the two groups.  Comment on something else so you 
don't have to face that he's wrong.

I'll just cite it again after that, and you can ignore it again and 'll 
ask you again and you'll ignore it again and it will never end.

Let's not do that. 

Go talk about a private property owner who lights up his own hotel.  
It's more important than a biased councilman.




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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-13 Thread sharon_b283
Tommy,
I'm from Missouri; Show me where I said that!  I don't really care if 
you or Jim are for, or against it, so don't print that I am against you.
Clearly I'm not!  I celebrate Kwanzaa, whether anyone is for or against 
it.  Let's switch to whether the people of Asbury Park are entitled to 
know what our taxes are being spent on.  You know, the Budget?

--- In AsburyPark@yahoogroups.com, justifiedright 
[EMAIL PROTECTED] wrote:

 --- In AsburyPark@yahoogroups.com, Gabrielle Obre 
 gabrielleobre@ wrote:
 
  why aren't you haranguing the other councilmen about the city's
  support of kwanzaa or the idiotic refusal to use the word 
Christmas?
 
 Gabbi, why do you and Sharon keep making this mistake?
 
 I'M THE ONE THAT SUPPORTS THE CITY'S KWANZAA CELEBRATION!  IT'S KEADY 
 WHO DOESN'T






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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-13 Thread sharon_b283
Military retirees, were hoping to use this housing. I had friends
living there, while on duty and these places were top shelf and in
mint condition!

On the Post itself, there are brick homes built in the 30's and 40's,
fully rehabilitated and are for officers only, but with the BRAC, the
jobs are hopelessly going to Maryland.  (Aberdeen Proving Ground).

The CECOM building across from the HEX cost millions of dollars,
built during the Reagan Administration in 1981 is scheduled for
demolishing.  Your tax dollars at work!

When they close the Fort, I'll have to shop at Ft. Dix or the tiny
stores in Lakehurst.

--- In AsburyPark@yahoogroups.com, oakdorf [EMAIL PROTECTED] wrote:

 --- In AsburyPark@yahoogroups.com, Jack Pitzer hinge98@ wrote:
 
 it's a crime that there's a whole, abandoned community there.
  Ft. Monmouth also demolished acres of viable housing near Tinton 
 Falls.
  Makes no sense at all.
 
 
 It made sense.
 
 They were fearful what might move in or happen to those units. They 
 were hoping (or are) that they would new homes, offices, parks and SOME 
 affordable homes vs. low income or apartments etc.
 
 Not to say some builders are still able to buy land and hold it for 
 later use.






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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread oakdorf
--- In AsburyPark@yahoogroups.com, justifiedright 
[EMAIL PROTECTED] wrote:

 Read it and weep:
 
 Paulson Speaks. But Will It Move Markets?
 


No.

Are they restoring your 401ks? 

No.

Are they restoring any other safe investments you may have made?

No.

It's survival mode.

It'll do no good for now to have these mismanaged companies all go 
under, which they are now. The market got what some experts were 
saying for two or more years, take the cash and stick it under a 
mattress. So you think Kushner was stupid for getting out when he 
did? 

Look at Hov down under $3. Remember the sale of the century not so 
long ago. You'd think their stock would. Boring and they're floating 
alot of funny money now. 

Wow. Look at the market close. Can't go any lower, can it?

So are there buys TODAY? IF you have a couple free $ - what should 
you do?

Look at North Beach. Are prices getting lower? Will Madison M keep 
their pricing on Wesley? Are these buying opportunities or not? Who 
is gogin to give you money if there are 40 other units of similiar 
style available?? And oif they go rentals, that means they get CO's 
and tax money comes in.

Should AP offer abatements  to spur some sales downtown?? Some tax 
vs no tax?







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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread justifiedright
Jack what the hell are you talking about?  This column is about the
topic Oak and Mario and Jennifer and others have been discussing all day.

Your prejudice against me is showing.



--- In AsburyPark@yahoogroups.com, Jack Pitzer [EMAIL PROTECTED] wrote:

 Read it. But it's in the wrong group forum. It should be in
politics, just as the moderator 
 said. Political discussions shouldn't be here after Wed. It's Wed.
 Now, I'm sure Tommy will argue that this relates to AP, but the
article doesn't demonstrate 
 a connection to AP.
 And Tommy, if you are so against the political group, because you
think there will be 
 censorship, then I'll make you an admin. How does that sound. Please
spare this group 
 from endless discussions that have nothing to do with AP.
 
 
 --- In AsburyPark@yahoogroups.com, justifiedright
justifiedright@ wrote:
 
  Read it and weep:
  
  Paulson Speaks. But Will It Move Markets?
  
  By Liz Peek
  Financial Columnist
  
  Treasury Secretary Paulson held a press conference today to explain
  why his department has shifted the focus of the TARP program from
  buying distressed assets to injecting capital into banks.
  
  Financial Meltdown
  
  He emphasized that the goals of the program –- to stabilize the
  financial system and spur lending –- have not changed. However, in
  response to shifting events and the threat of potential systemic
  disruption from bank failures, Paulson and his team deemed direct
  capital infusions a more effective prop to the economy. Going forward,
  Paulson emphasized that his three objectives were strengthening the
  capital base of the financial system, shoring up the asset-backed
  securities market (which is key to lending in numerous consumer
  sectors) and working to mitigate mortgage foreclosures.
  
  As to the latter, Paulson pointed to the FDIC's proposed loan
  modification metrics used at IndyMac as a guidepost to similar
  efforts. He called the agreement reached yesterday with Fannie Mae and
  Freddie Mac extraordinary progress in attempting to limit mortgage
  foreclosures. He said, I have been working to avoid preventable
  foreclosures for some time and had reviewed innumerable proposals
  aimed at keeping people in their homes, but that mortgage
  modifications were extremely complicated.
  
  As to the outlook, Paulson described the economy's road ahead as full
  of challenges. Questioned about the outlook for the Big Three
  automakers, clearly one of those `challenges,' Paulson described the
  auto industry as critical, and the administration as supportive of
  manufacturing.
  
  He declined to promise a bailout of the Big Three, however, and
  repeated the administration's view that the solution has to lead to
  long-term viability for the industry.
  
  Mr. Paulson said that there was no timetable for the Treasury to ask
  Congress for the second half of the original $700 billion TARP plan
  and also confirmed that the $700 billion in funds available should be
  adequate.
  
  The Dow was off over 250 points as Paulson spoke. The secretary's
  comments are unlikely to alleviate investor concerns about the length
  or depth of the economic downturn, since the numerous federal programs
  that have already been initiated have barely taken effect. Also, the
  Treasury's flip-flop on the use of TARP funds confirms the reality
  that Paulson and his team are navigating uncharted waters –- and may
  not have the answers that investors so desperately crave.
  
  With the global economy weakening by the day, and with financial
  bailouts in countries like Iceland seemingly under stress, the capital
  markets continue to struggle. One discouraging sign is that spreads on
  speculative and investment grade debt have narrowed only a fraction
  from 5 year highs hit on November 4. That is the equivalent, in debt
  markets, of voting with your feet.
 






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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Jack Pitzer
Oh snap!!!

--- In AsburyPark@yahoogroups.com, justifiedright [EMAIL PROTECTED] wrote:

 Jack what the hell are you talking about?  This column is about the
 topic Oak and Mario and Jennifer and others have been discussing all day.
 
 Your prejudice against me is showing.
 
 
 
 --- In AsburyPark@yahoogroups.com, Jack Pitzer hinge98@ wrote:
 
  Read it. But it's in the wrong group forum. It should be in
 politics, just as the moderator 
  said. Political discussions shouldn't be here after Wed. It's Wed.
  Now, I'm sure Tommy will argue that this relates to AP, but the
 article doesn't demonstrate 
  a connection to AP.
  And Tommy, if you are so against the political group, because you
 think there will be 
  censorship, then I'll make you an admin. How does that sound. Please
 spare this group 
  from endless discussions that have nothing to do with AP.
  
  
  --- In AsburyPark@yahoogroups.com, justifiedright
 justifiedright@ wrote:
  
   Read it and weep:
   
   Paulson Speaks. But Will It Move Markets?
   
   By Liz Peek
   Financial Columnist
   
   Treasury Secretary Paulson held a press conference today to explain
   why his department has shifted the focus of the TARP program from
   buying distressed assets to injecting capital into banks.
   
   Financial Meltdown
   
   He emphasized that the goals of the program –- to stabilize the
   financial system and spur lending –- have not changed. However, in
   response to shifting events and the threat of potential systemic
   disruption from bank failures, Paulson and his team deemed direct
   capital infusions a more effective prop to the economy. Going forward,
   Paulson emphasized that his three objectives were strengthening the
   capital base of the financial system, shoring up the asset-backed
   securities market (which is key to lending in numerous consumer
   sectors) and working to mitigate mortgage foreclosures.
   
   As to the latter, Paulson pointed to the FDIC's proposed loan
   modification metrics used at IndyMac as a guidepost to similar
   efforts. He called the agreement reached yesterday with Fannie Mae and
   Freddie Mac extraordinary progress in attempting to limit mortgage
   foreclosures. He said, I have been working to avoid preventable
   foreclosures for some time and had reviewed innumerable proposals
   aimed at keeping people in their homes, but that mortgage
   modifications were extremely complicated.
   
   As to the outlook, Paulson described the economy's road ahead as full
   of challenges. Questioned about the outlook for the Big Three
   automakers, clearly one of those `challenges,' Paulson described the
   auto industry as critical, and the administration as supportive of
   manufacturing.
   
   He declined to promise a bailout of the Big Three, however, and
   repeated the administration's view that the solution has to lead to
   long-term viability for the industry.
   
   Mr. Paulson said that there was no timetable for the Treasury to ask
   Congress for the second half of the original $700 billion TARP plan
   and also confirmed that the $700 billion in funds available should be
   adequate.
   
   The Dow was off over 250 points as Paulson spoke. The secretary's
   comments are unlikely to alleviate investor concerns about the length
   or depth of the economic downturn, since the numerous federal programs
   that have already been initiated have barely taken effect. Also, the
   Treasury's flip-flop on the use of TARP funds confirms the reality
   that Paulson and his team are navigating uncharted waters –- and may
   not have the answers that investors so desperately crave.
   
   With the global economy weakening by the day, and with financial
   bailouts in countries like Iceland seemingly under stress, the capital
   markets continue to struggle. One discouraging sign is that spreads on
   speculative and investment grade debt have narrowed only a fraction
   from 5 year highs hit on November 4. That is the equivalent, in debt
   markets, of voting with your feet.
  
 







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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Gabrielle Obre
Your prejudice against him IS showing Jack, fortunately for you,
Tommy's prejudice against Keady is flying like a huge red flag.


--- In AsburyPark@yahoogroups.com, justifiedright
[EMAIL PROTECTED] wrote:

 Jack what the hell are you talking about?  This column is about the
 topic Oak and Mario and Jennifer and others have been discussing all
day.
 
 Your prejudice against me is showing.
 
 
 
 --- In AsburyPark@yahoogroups.com, Jack Pitzer hinge98@ wrote:
 
  Read it. But it's in the wrong group forum. It should be in
 politics, just as the moderator 
  said. Political discussions shouldn't be here after Wed. It's Wed.
  Now, I'm sure Tommy will argue that this relates to AP, but the
 article doesn't demonstrate 
  a connection to AP.
  And Tommy, if you are so against the political group, because you
 think there will be 
  censorship, then I'll make you an admin. How does that sound. Please
 spare this group 
  from endless discussions that have nothing to do with AP.
  
  
  --- In AsburyPark@yahoogroups.com, justifiedright
 justifiedright@ wrote:
  
   Read it and weep:
   
   Paulson Speaks. But Will It Move Markets?
   
   By Liz Peek
   Financial Columnist
   
   Treasury Secretary Paulson held a press conference today to explain
   why his department has shifted the focus of the TARP program from
   buying distressed assets to injecting capital into banks.
   
   Financial Meltdown
   
   He emphasized that the goals of the program –- to stabilize the
   financial system and spur lending –- have not changed. However, in
   response to shifting events and the threat of potential systemic
   disruption from bank failures, Paulson and his team deemed direct
   capital infusions a more effective prop to the economy. Going
forward,
   Paulson emphasized that his three objectives were strengthening the
   capital base of the financial system, shoring up the asset-backed
   securities market (which is key to lending in numerous consumer
   sectors) and working to mitigate mortgage foreclosures.
   
   As to the latter, Paulson pointed to the FDIC's proposed loan
   modification metrics used at IndyMac as a guidepost to similar
   efforts. He called the agreement reached yesterday with Fannie
Mae and
   Freddie Mac extraordinary progress in attempting to limit mortgage
   foreclosures. He said, I have been working to avoid preventable
   foreclosures for some time and had reviewed innumerable proposals
   aimed at keeping people in their homes, but that mortgage
   modifications were extremely complicated.
   
   As to the outlook, Paulson described the economy's road ahead as
full
   of challenges. Questioned about the outlook for the Big Three
   automakers, clearly one of those `challenges,' Paulson described the
   auto industry as critical, and the administration as supportive of
   manufacturing.
   
   He declined to promise a bailout of the Big Three, however, and
   repeated the administration's view that the solution has to lead to
   long-term viability for the industry.
   
   Mr. Paulson said that there was no timetable for the Treasury to ask
   Congress for the second half of the original $700 billion TARP plan
   and also confirmed that the $700 billion in funds available
should be
   adequate.
   
   The Dow was off over 250 points as Paulson spoke. The secretary's
   comments are unlikely to alleviate investor concerns about the
length
   or depth of the economic downturn, since the numerous federal
programs
   that have already been initiated have barely taken effect. Also, the
   Treasury's flip-flop on the use of TARP funds confirms the reality
   that Paulson and his team are navigating uncharted waters –- and may
   not have the answers that investors so desperately crave.
   
   With the global economy weakening by the day, and with financial
   bailouts in countries like Iceland seemingly under stress, the
capital
   markets continue to struggle. One discouraging sign is that
spreads on
   speculative and investment grade debt have narrowed only a fraction
   from 5 year highs hit on November 4. That is the equivalent, in debt
   markets, of voting with your feet.
  
 






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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Jack Pitzer
Read it. But it's in the wrong group forum. It should be in politics, just as 
the moderator 
said. Political discussions shouldn't be here after Wed. It's Wed.
Now, I'm sure Tommy will argue that this relates to AP, but the article doesn't 
demonstrate 
a connection to AP.
And Tommy, if you are so against the political group, because you think there 
will be 
censorship, then I'll make you an admin. How does that sound. Please spare this 
group 
from endless discussions that have nothing to do with AP.


--- In AsburyPark@yahoogroups.com, justifiedright [EMAIL PROTECTED] wrote:

 Read it and weep:
 
 Paulson Speaks. But Will It Move Markets?
 
 By Liz Peek
 Financial Columnist
 
 Treasury Secretary Paulson held a press conference today to explain
 why his department has shifted the focus of the TARP program from
 buying distressed assets to injecting capital into banks.
 
 Financial Meltdown
 
 He emphasized that the goals of the program –- to stabilize the
 financial system and spur lending –- have not changed. However, in
 response to shifting events and the threat of potential systemic
 disruption from bank failures, Paulson and his team deemed direct
 capital infusions a more effective prop to the economy. Going forward,
 Paulson emphasized that his three objectives were strengthening the
 capital base of the financial system, shoring up the asset-backed
 securities market (which is key to lending in numerous consumer
 sectors) and working to mitigate mortgage foreclosures.
 
 As to the latter, Paulson pointed to the FDIC's proposed loan
 modification metrics used at IndyMac as a guidepost to similar
 efforts. He called the agreement reached yesterday with Fannie Mae and
 Freddie Mac extraordinary progress in attempting to limit mortgage
 foreclosures. He said, I have been working to avoid preventable
 foreclosures for some time and had reviewed innumerable proposals
 aimed at keeping people in their homes, but that mortgage
 modifications were extremely complicated.
 
 As to the outlook, Paulson described the economy's road ahead as full
 of challenges. Questioned about the outlook for the Big Three
 automakers, clearly one of those `challenges,' Paulson described the
 auto industry as critical, and the administration as supportive of
 manufacturing.
 
 He declined to promise a bailout of the Big Three, however, and
 repeated the administration's view that the solution has to lead to
 long-term viability for the industry.
 
 Mr. Paulson said that there was no timetable for the Treasury to ask
 Congress for the second half of the original $700 billion TARP plan
 and also confirmed that the $700 billion in funds available should be
 adequate.
 
 The Dow was off over 250 points as Paulson spoke. The secretary's
 comments are unlikely to alleviate investor concerns about the length
 or depth of the economic downturn, since the numerous federal programs
 that have already been initiated have barely taken effect. Also, the
 Treasury's flip-flop on the use of TARP funds confirms the reality
 that Paulson and his team are navigating uncharted waters –- and may
 not have the answers that investors so desperately crave.
 
 With the global economy weakening by the day, and with financial
 bailouts in countries like Iceland seemingly under stress, the capital
 markets continue to struggle. One discouraging sign is that spreads on
 speculative and investment grade debt have narrowed only a fraction
 from 5 year highs hit on November 4. That is the equivalent, in debt
 markets, of voting with your feet.







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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Jack Pitzer
It's actually not prejudice. You have a tendency to plant discussions that you 
know are 
going to go on, and on and on, because you tend to rile people up.
So, for a few years now, a bunch of us would occasionally try and steer this 
ship on topic, 
the topic being Asbury Park.
So, I created a political forum, for AP people like you and I to discuss 
politics, and it's 
been pretty lively...but you refuse to join, because you think you'll be 
censored, but you 
won't. I only made one rule, two parts, no racism, no threats...but no, you 
won't go there, 
and I theorize that you like the attention of more then 400 members rather then 
the 17 we 
now have participating in Politics.
There may be hope for a new way to look at our groups. Yahoo is beta testing a 
thing 
called Grouplets, which I'm hoping will let this Yahoo groups thing act more 
like a 
message board, with a large group filled with sub topics. That would rock. 
Sorry if I pissed you off.


--- In AsburyPark@yahoogroups.com, justifiedright [EMAIL PROTECTED] wrote:

 Jack what the hell are you talking about?  This column is about the
 topic Oak and Mario and Jennifer and others have been discussing all day.
 
 Your prejudice against me is showing.
 
 
 
 --- In AsburyPark@yahoogroups.com, Jack Pitzer hinge98@ wrote:
 
  Read it. But it's in the wrong group forum. It should be in
 politics, just as the moderator 
  said. Political discussions shouldn't be here after Wed. It's Wed.
  Now, I'm sure Tommy will argue that this relates to AP, but the
 article doesn't demonstrate 
  a connection to AP.
  And Tommy, if you are so against the political group, because you
 think there will be 
  censorship, then I'll make you an admin. How does that sound. Please
 spare this group 
  from endless discussions that have nothing to do with AP.
  
  
  --- In AsburyPark@yahoogroups.com, justifiedright
 justifiedright@ wrote:
  
   Read it and weep:
   
   Paulson Speaks. But Will It Move Markets?
   
   By Liz Peek
   Financial Columnist
   
   Treasury Secretary Paulson held a press conference today to explain
   why his department has shifted the focus of the TARP program from
   buying distressed assets to injecting capital into banks.
   
   Financial Meltdown
   
   He emphasized that the goals of the program –- to stabilize the
   financial system and spur lending –- have not changed. However, in
   response to shifting events and the threat of potential systemic
   disruption from bank failures, Paulson and his team deemed direct
   capital infusions a more effective prop to the economy. Going forward,
   Paulson emphasized that his three objectives were strengthening the
   capital base of the financial system, shoring up the asset-backed
   securities market (which is key to lending in numerous consumer
   sectors) and working to mitigate mortgage foreclosures.
   
   As to the latter, Paulson pointed to the FDIC's proposed loan
   modification metrics used at IndyMac as a guidepost to similar
   efforts. He called the agreement reached yesterday with Fannie Mae and
   Freddie Mac extraordinary progress in attempting to limit mortgage
   foreclosures. He said, I have been working to avoid preventable
   foreclosures for some time and had reviewed innumerable proposals
   aimed at keeping people in their homes, but that mortgage
   modifications were extremely complicated.
   
   As to the outlook, Paulson described the economy's road ahead as full
   of challenges. Questioned about the outlook for the Big Three
   automakers, clearly one of those `challenges,' Paulson described the
   auto industry as critical, and the administration as supportive of
   manufacturing.
   
   He declined to promise a bailout of the Big Three, however, and
   repeated the administration's view that the solution has to lead to
   long-term viability for the industry.
   
   Mr. Paulson said that there was no timetable for the Treasury to ask
   Congress for the second half of the original $700 billion TARP plan
   and also confirmed that the $700 billion in funds available should be
   adequate.
   
   The Dow was off over 250 points as Paulson spoke. The secretary's
   comments are unlikely to alleviate investor concerns about the length
   or depth of the economic downturn, since the numerous federal programs
   that have already been initiated have barely taken effect. Also, the
   Treasury's flip-flop on the use of TARP funds confirms the reality
   that Paulson and his team are navigating uncharted waters –- and may
   not have the answers that investors so desperately crave.
   
   With the global economy weakening by the day, and with financial
   bailouts in countries like Iceland seemingly under stress, the capital
   markets continue to struggle. One discouraging sign is that spreads on
   speculative and investment grade debt have narrowed only a fraction
   from 5 year highs hit on November 4. That is the equivalent, in debt
   markets, of voting with your 

[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread justifiedright
Jack please address this question:

Why is it that Oak and Mario and Jennifer posted on this topic all
day, and you said nothing.  I posted on it, and you jumped on me.

Why the varied treatment?


--- In AsburyPark@yahoogroups.com, Jack Pitzer [EMAIL PROTECTED] wrote:

 It's actually not prejudice. You have a tendency to plant
discussions that you know are 
 going to go on, and on and on, because you tend to rile people up.
 So, for a few years now, a bunch of us would occasionally try and
steer this ship on topic, 
 the topic being Asbury Park.
 So, I created a political forum, for AP people like you and I to
discuss politics, and it's 
 been pretty lively...but you refuse to join, because you think
you'll be censored, but you 
 won't. I only made one rule, two parts, no racism, no threats...but
no, you won't go there, 
 and I theorize that you like the attention of more then 400 members
rather then the 17 we 
 now have participating in Politics.
 There may be hope for a new way to look at our groups. Yahoo is beta
testing a thing 
 called Grouplets, which I'm hoping will let this Yahoo groups thing
act more like a 
 message board, with a large group filled with sub topics. That would
rock. 
 Sorry if I pissed you off.
 
 
 --- In AsburyPark@yahoogroups.com, justifiedright
justifiedright@ wrote:
 
  Jack what the hell are you talking about?  This column is about the
  topic Oak and Mario and Jennifer and others have been discussing
all day.
  
  Your prejudice against me is showing.
  
  
  
  --- In AsburyPark@yahoogroups.com, Jack Pitzer hinge98@ wrote:
  
   Read it. But it's in the wrong group forum. It should be in
  politics, just as the moderator 
   said. Political discussions shouldn't be here after Wed. It's Wed.
   Now, I'm sure Tommy will argue that this relates to AP, but the
  article doesn't demonstrate 
   a connection to AP.
   And Tommy, if you are so against the political group, because you
  think there will be 
   censorship, then I'll make you an admin. How does that sound. Please
  spare this group 
   from endless discussions that have nothing to do with AP.
   
   
   --- In AsburyPark@yahoogroups.com, justifiedright
  justifiedright@ wrote:
   
Read it and weep:

Paulson Speaks. But Will It Move Markets?

By Liz Peek
Financial Columnist

Treasury Secretary Paulson held a press conference today to
explain
why his department has shifted the focus of the TARP program from
buying distressed assets to injecting capital into banks.

Financial Meltdown

He emphasized that the goals of the program –- to stabilize the
financial system and spur lending –- have not changed. However, in
response to shifting events and the threat of potential systemic
disruption from bank failures, Paulson and his team deemed direct
capital infusions a more effective prop to the economy. Going
forward,
Paulson emphasized that his three objectives were
strengthening the
capital base of the financial system, shoring up the asset-backed
securities market (which is key to lending in numerous consumer
sectors) and working to mitigate mortgage foreclosures.

As to the latter, Paulson pointed to the FDIC's proposed loan
modification metrics used at IndyMac as a guidepost to similar
efforts. He called the agreement reached yesterday with Fannie
Mae and
Freddie Mac extraordinary progress in attempting to limit
mortgage
foreclosures. He said, I have been working to avoid preventable
foreclosures for some time and had reviewed innumerable proposals
aimed at keeping people in their homes, but that mortgage
modifications were extremely complicated.

As to the outlook, Paulson described the economy's road ahead
as full
of challenges. Questioned about the outlook for the Big Three
automakers, clearly one of those `challenges,' Paulson
described the
auto industry as critical, and the administration as
supportive of
manufacturing.

He declined to promise a bailout of the Big Three, however, and
repeated the administration's view that the solution has to
lead to
long-term viability for the industry.

Mr. Paulson said that there was no timetable for the Treasury
to ask
Congress for the second half of the original $700 billion TARP
plan
and also confirmed that the $700 billion in funds available
should be
adequate.

The Dow was off over 250 points as Paulson spoke. The secretary's
comments are unlikely to alleviate investor concerns about the
length
or depth of the economic downturn, since the numerous federal
programs
that have already been initiated have barely taken effect.
Also, the
Treasury's flip-flop on the use of TARP funds confirms the reality
that Paulson and his team are navigating uncharted waters –-
and may
not have the answers that investors so desperately crave.

With the global economy 

[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Jack Pitzer
I think you are confusing insulting cultural traditions with having an opinion 
about them.
That's 2 separate things.


--- In AsburyPark@yahoogroups.com, justifiedright [EMAIL PROTECTED] wrote:

 --- In AsburyPark@yahoogroups.com, Gabrielle Obre
 gabrielleobre@ wrote:
 
  Your prejudice against him IS showing Jack, fortunately for you,
  Tommy's prejudice against Keady is flying like a huge red flag.
 
 Me prejudice against Him Gabbi?  
 
 Wow.  The guy takes the time every year to insult my cultural
 traditions, call me at home and curses at me when I object, then he
 fails to treat other cultures the same way.
 
 Where in all that did you get that I'm prejudiced against him?
 
 Are you another who is going to make conclusions about me, without
 analyzing the issue of his varied treatment of Columbus day and Kwanzaa?
 
 From you I expected better.  I expected something on the issue.
 
 I guess you can't be a Keady Apostle.  I guess I'll dub you Mary
 Magdelene.
 
 Not an apostle but at least a desciple.







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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread justifiedright
The varied treatment of the cultures is the insult.  

Don't address that varied treatment, Jack.  What ever you do, by all
means stay tight with the rest of Apostles and Mary Magdelene and
don't address His varied treatment of differing groups.

WWJD?  Keady wouldn't know, that's for certain.


--- In AsburyPark@yahoogroups.com, Jack Pitzer [EMAIL PROTECTED] wrote:

 I think you are confusing insulting cultural traditions with having
an opinion about them.
 That's 2 separate things.
 
 
 --- In AsburyPark@yahoogroups.com, justifiedright
justifiedright@ wrote:
 
  --- In AsburyPark@yahoogroups.com, Gabrielle Obre
  gabrielleobre@ wrote:
  
   Your prejudice against him IS showing Jack, fortunately for you,
   Tommy's prejudice against Keady is flying like a huge red flag.
  
  Me prejudice against Him Gabbi?  
  
  Wow.  The guy takes the time every year to insult my cultural
  traditions, call me at home and curses at me when I object, then he
  fails to treat other cultures the same way.
  
  Where in all that did you get that I'm prejudiced against him?
  
  Are you another who is going to make conclusions about me, without
  analyzing the issue of his varied treatment of Columbus day and
Kwanzaa?
  
  From you I expected better.  I expected something on the issue.
  
  I guess you can't be a Keady Apostle.  I guess I'll dub you Mary
  Magdelene.
  
  Not an apostle but at least a desciple.
 






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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Jack Pitzer
Because you jumped out of the thread that they are posting in, and created a 
new topic. 
Wouldn't it have made more sense to just post your new info into the existing 
thread?

--- In AsburyPark@yahoogroups.com, justifiedright [EMAIL PROTECTED] wrote:

 Jack please address this question:
 
 Why is it that Oak and Mario and Jennifer posted on this topic all
 day, and you said nothing.  I posted on it, and you jumped on me.
 
 Why the varied treatment?
 
 
 --- In AsburyPark@yahoogroups.com, Jack Pitzer hinge98@ wrote:
 
  It's actually not prejudice. You have a tendency to plant
 discussions that you know are 
  going to go on, and on and on, because you tend to rile people up.
  So, for a few years now, a bunch of us would occasionally try and
 steer this ship on topic, 
  the topic being Asbury Park.
  So, I created a political forum, for AP people like you and I to
 discuss politics, and it's 
  been pretty lively...but you refuse to join, because you think
 you'll be censored, but you 
  won't. I only made one rule, two parts, no racism, no threats...but
 no, you won't go there, 
  and I theorize that you like the attention of more then 400 members
 rather then the 17 we 
  now have participating in Politics.
  There may be hope for a new way to look at our groups. Yahoo is beta
 testing a thing 
  called Grouplets, which I'm hoping will let this Yahoo groups thing
 act more like a 
  message board, with a large group filled with sub topics. That would
 rock. 
  Sorry if I pissed you off.
  
  
  --- In AsburyPark@yahoogroups.com, justifiedright
 justifiedright@ wrote:
  
   Jack what the hell are you talking about?  This column is about the
   topic Oak and Mario and Jennifer and others have been discussing
 all day.
   
   Your prejudice against me is showing.
   
   
   
   --- In AsburyPark@yahoogroups.com, Jack Pitzer hinge98@ wrote:
   
Read it. But it's in the wrong group forum. It should be in
   politics, just as the moderator 
said. Political discussions shouldn't be here after Wed. It's Wed.
Now, I'm sure Tommy will argue that this relates to AP, but the
   article doesn't demonstrate 
a connection to AP.
And Tommy, if you are so against the political group, because you
   think there will be 
censorship, then I'll make you an admin. How does that sound. Please
   spare this group 
from endless discussions that have nothing to do with AP.


--- In AsburyPark@yahoogroups.com, justifiedright
   justifiedright@ wrote:

 Read it and weep:
 
 Paulson Speaks. But Will It Move Markets?
 
 By Liz Peek
 Financial Columnist
 
 Treasury Secretary Paulson held a press conference today to
 explain
 why his department has shifted the focus of the TARP program from
 buying distressed assets to injecting capital into banks.
 
 Financial Meltdown
 
 He emphasized that the goals of the program –- to stabilize the
 financial system and spur lending –- have not changed. However, in
 response to shifting events and the threat of potential systemic
 disruption from bank failures, Paulson and his team deemed direct
 capital infusions a more effective prop to the economy. Going
 forward,
 Paulson emphasized that his three objectives were
 strengthening the
 capital base of the financial system, shoring up the asset-backed
 securities market (which is key to lending in numerous consumer
 sectors) and working to mitigate mortgage foreclosures.
 
 As to the latter, Paulson pointed to the FDIC's proposed loan
 modification metrics used at IndyMac as a guidepost to similar
 efforts. He called the agreement reached yesterday with Fannie
 Mae and
 Freddie Mac extraordinary progress in attempting to limit
 mortgage
 foreclosures. He said, I have been working to avoid preventable
 foreclosures for some time and had reviewed innumerable proposals
 aimed at keeping people in their homes, but that mortgage
 modifications were extremely complicated.
 
 As to the outlook, Paulson described the economy's road ahead
 as full
 of challenges. Questioned about the outlook for the Big Three
 automakers, clearly one of those `challenges,' Paulson
 described the
 auto industry as critical, and the administration as
 supportive of
 manufacturing.
 
 He declined to promise a bailout of the Big Three, however, and
 repeated the administration's view that the solution has to
 lead to
 long-term viability for the industry.
 
 Mr. Paulson said that there was no timetable for the Treasury
 to ask
 Congress for the second half of the original $700 billion TARP
 plan
 and also confirmed that the $700 billion in funds available
 should be
 adequate.
 
 The Dow was off over 250 points as Paulson spoke. The secretary's
 comments are unlikely to alleviate investor concerns about the
 length
 or depth of the 

[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Jack Pitzer
Maybe because it's a bit trivial to me to take up so much group time on 
something that's 
basically a personal issue between you and Jim. There is so much more going on 
in the 
world right now that demands attention then holiday likes and dislikes...

--- In AsburyPark@yahoogroups.com, justifiedright [EMAIL PROTECTED] wrote:

 The varied treatment of the cultures is the insult.  
 
 Don't address that varied treatment, Jack.  What ever you do, by all
 means stay tight with the rest of Apostles and Mary Magdelene and
 don't address His varied treatment of differing groups.
 
 WWJD?  Keady wouldn't know, that's for certain.
 
 
 --- In AsburyPark@yahoogroups.com, Jack Pitzer hinge98@ wrote:
 
  I think you are confusing insulting cultural traditions with having
 an opinion about them.
  That's 2 separate things.
  
  
  --- In AsburyPark@yahoogroups.com, justifiedright
 justifiedright@ wrote:
  
   --- In AsburyPark@yahoogroups.com, Gabrielle Obre
   gabrielleobre@ wrote:
   
Your prejudice against him IS showing Jack, fortunately for you,
Tommy's prejudice against Keady is flying like a huge red flag.
   
   Me prejudice against Him Gabbi?  
   
   Wow.  The guy takes the time every year to insult my cultural
   traditions, call me at home and curses at me when I object, then he
   fails to treat other cultures the same way.
   
   Where in all that did you get that I'm prejudiced against him?
   
   Are you another who is going to make conclusions about me, without
   analyzing the issue of his varied treatment of Columbus day and
 Kwanzaa?
   
   From you I expected better.  I expected something on the issue.
   
   I guess you can't be a Keady Apostle.  I guess I'll dub you Mary
   Magdelene.
   
   Not an apostle but at least a desciple.
  
 







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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread oakdorf
--- In AsburyPark@yahoogroups.com, oakdorf [EMAIL PROTECTED] wrote:

And easily over 100 rentals alone in MLS. So the numebr of rentals is 
more like 300. 

Nothing sucks more then holding out for an extra $100 a month while the 
guy next door can do it for less. 

Here's a question for Jennifer and others who might think a bit.

Why is it if there are SO many properties for sale, say under $200k 
around the country and in certain markets, does the government continue 
to pay, for years and years, section 8 or housing voucher payments?

Would't it make MORE sense for the government (or housing agency) to 
pruchase and rehab some MORE units and more or less hand them over to 
QUALIFIED tenants. And yes, there would be qualified people who collect.

I know there are some programs.

One of the BIGGEST scams going is the housing that has been closed up 
at Fort Monomuth after the  gov spents millons and millons to rehab 
them - then knock them down or simply close them. Of course no towns 
waht these units to go affordable or homeless shelters. BUT they 
could be sold off to QUALIFIED buyers who would become residentsand 
god forbid, use their schools. 






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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Jack Pitzer
I completely agree about Fort Monmouth.
Those housing units, which were extensively renovated, and now moldy and 
falling apart, 
and it's a crime that there's a whole, abandoned community there.
Ft. Monmouth also demolished acres of viable housing near Tinton Falls.
Makes no sense at all.


--- In AsburyPark@yahoogroups.com, oakdorf [EMAIL PROTECTED] wrote:

 --- In AsburyPark@yahoogroups.com, oakdorf oakdorf@ wrote:
 
 And easily over 100 rentals alone in MLS. So the numebr of rentals is 
 more like 300. 
 
 Nothing sucks more then holding out for an extra $100 a month while the 
 guy next door can do it for less. 
 
 Here's a question for Jennifer and others who might think a bit.
 
 Why is it if there are SO many properties for sale, say under $200k 
 around the country and in certain markets, does the government continue 
 to pay, for years and years, section 8 or housing voucher payments?
 
 Would't it make MORE sense for the government (or housing agency) to 
 pruchase and rehab some MORE units and more or less hand them over to 
 QUALIFIED tenants. And yes, there would be qualified people who collect.
 
 I know there are some programs.
 
 One of the BIGGEST scams going is the housing that has been closed up 
 at Fort Monomuth after the  gov spents millons and millons to rehab 
 them - then knock them down or simply close them. Of course no towns 
 waht these units to go affordable or homeless shelters. BUT they 
 could be sold off to QUALIFIED buyers who would become residentsand 
 god forbid, use their schools.







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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread oakdorf
--- In AsburyPark@yahoogroups.com, Jack Pitzer [EMAIL PROTECTED] wrote:

it's a crime that there's a whole, abandoned community there.
 Ft. Monmouth also demolished acres of viable housing near Tinton 
Falls.
 Makes no sense at all.


It made sense.

They were fearful what might move in or happen to those units. They 
were hoping (or are) that they would new homes, offices, parks and SOME 
affordable homes vs. low income or apartments etc.

Not to say some builders are still able to buy land and hold it for 
later use. 




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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Gabrielle Obre
--- In AsburyPark@yahoogroups.com, justifiedright
[EMAIL PROTECTED] wrote:

 
 Wow.  The guy takes the time every year to insult my cultural
 traditions, call me at home and curses at me when I object, then he
 fails to treat other cultures the same way.

you are taking something personal that isn't. what are you related to
columbus? keady opposes funding for kwanzaa as well.

 
 Where in all that did you get that I'm prejudiced against him?

why aren't you haranguing the other councilmen about the city's
support of kwanzaa or the idiotic refusal to use the word Christmas?

 
 Are you another who is going to make conclusions about me, without
 analyzing the issue of his varied treatment of Columbus day and Kwanzaa?

I really don't think its possible to have conclusions about anyone
since we aren't concluded until we die. 
 
 From you I expected better.  I expected something on the issue.
 
 I guess you can't be a Keady Apostle.  I guess I'll dub you Mary
 Magdelene.
 

Thanks!  She was the Mary who had a lot more fun! Though the guy who
rides his bike around rapping is closer to jesus to me than Keady and
I don't want to sleep with him either.


 Not an apostle but at least a desciple.

Please! I wish I could find a teacher worthy of my discipleness ;)




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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Jennifer
--- In AsburyPark@yahoogroups.com, oakdorf [EMAIL PROTECTED] wrote:

 --- In AsburyPark@yahoogroups.com, oakdorf oakdorf@ wrote:
 
  to pay, for years and years, section 8 or housing voucher payments?

There is a Section 8 homeownership voucher program which allows S8 
recipients to use their voucher towards a mortgage rather than rent.  
It has had varying success.  Perth Amboy has done very well with it.  
To date, the Asbury Park Housing Authority doesn't participate in the 
program.  I'd love to see them do that.  Hazel Samuels (AP Director of 
housing and Community Development) has been a strong supporter of the 
program too.  Under S8 homeownership, the buyer does need to meet 
credit requirements.  The homeowner gets the voucher for the first 15 
years of the mortgage and the voucher can be up to 70% of the loan.  
The Housing Authority remains involved and is notified if the homeowner 
misses a payment so that they can intervene.  It's an excellent 
program, but unfortunately it is underutilized and faces a lot of 
prejudices.




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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread oakdorf
--- In AsburyPark@yahoogroups.com, Jennifer [EMAIL PROTECTED] wrote:

 - Under S8 homeownership, the buyer does need to meet 
 credit requirements.  The homeowner gets the voucher for the first 15
 years of the mortgage and the voucher can be up to 70% of the loan.  
 The Housing Authority remains involved and is notified if the homeowner
 misses a payment so that they can intervene.  It's an excellent 
 program, but unfortunately it is underutilized and faces a lot of 
 prejudices.


Amazing. Right?

It's a half ass system. Luckily some people really do benefit from it.



Here's the story:

http://www.hud.gov/offices/pih/programs/hcv/homeownership/




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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread justifiedright
--- In AsburyPark@yahoogroups.com, Gabrielle Obre 
[EMAIL PROTECTED] wrote:

 why aren't you haranguing the other councilmen about the city's
 support of kwanzaa or the idiotic refusal to use the word Christmas?

Gabbi, why do you and Sharon keep making this mistake?

I'M THE ONE THAT SUPPORTS THE CITY'S KWANZAA CELEBRATION!  IT'S KEADY 
WHO DOESN'T








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[AsburyPark] Re: It's Official: Help to Homeowners Now Completely Out of Bailout Plans

2008-11-12 Thread Gabrielle Obre
Tommy you are impossible.  Keady isn't unsupportive of columbus day or
kwanzaa...he is against the use of public funds for both events.
Totally understandable given that the city is broke.

Mr. Deseno,
In a recent email, you wrote:
He opposes both the Columbus and Kwanzaa celebrations (which you and
I support).
That is a lie. I do not oppose the Columbus or Kwanzaa celebrations.
I oppose taxpayer dollars being spent on these events, they should be
financed by private groups.

Your attempts to consistently distort facts and to malign people's
character is grossly transparent.

Peace, Councilman Jim Keady


You really do have a tendency to switch things around. This all
started with you questioning the support of Kwanzaa and the dismissal
of Columbus day. 




--- In AsburyPark@yahoogroups.com, justifiedright
[EMAIL PROTECTED] wrote:

 --- In AsburyPark@yahoogroups.com, Gabrielle Obre 
 gabrielleobre@ wrote:
 
  why aren't you haranguing the other councilmen about the city's
  support of kwanzaa or the idiotic refusal to use the word Christmas?
 
 Gabbi, why do you and Sharon keep making this mistake?
 
 I'M THE ONE THAT SUPPORTS THE CITY'S KWANZAA CELEBRATION!  IT'S KEADY 
 WHO DOESN'T






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