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The Fiscal Cliff

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  • #991
    Originally posted by Jacob View Post
    What does the IRS have to do with buying or selling a house?
    The IRS gives a verification to the Loan Processors that you are who you claim to be. There is a form that you fill out when you are buying a house.

    They issue a verification to be put into the underwriting file. Happens on every home loan.

    Currently not happening.

    Comment

    • #992
      Originally posted by Jacob View Post
      How far are we into this? A month? And most normal people still haven't noticed that the government is "shutdown."
      except the poor and those who work for govt.

      Comment

      • #993
        Originally posted by Jacob View Post
        How far are we into this? A month? And most normal people still haven't noticed that the government is "shutdown."
        You are right, "most" normal people haven't. On the other hand it is disruptive enough that you wouldn't want to claim that this proves you don't need the people who aren't working right now with the government now at it's current size. My understanding this is really disruptive to the mortgage industry, even disruptive to those who work in the bail bond business. Of course you have the tourist trade.

        When only 15% of the government is shut down and it ends up being as disruptive as those on the left claim, perhaps that is evidence the government is too big.

        Comment

        • #994
          Cruz sez he will behave...

          http://abcnews.go.com/Politics/wireS...nment-20579881

          Republican Sen. Ted Cruz says he won't delay a vote on bipartisan budget deal.


          "If there is one thing I am, it's always right." -Ted Nugent.
          "I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU.
          "Yet I still see wisdom in that which Uncle Ted posts." -creek.
          GIVE 'EM HELL, BRIGHAM!

          Comment

          • #995
            Originally posted by Uncle Ted View Post
            Cruz sez he will behave...

            http://abcnews.go.com/Politics/wireS...nment-20579881




            [/FONT][/COLOR][/LEFT]

            I would personally like to thank Ted Cruz, Harry Reid and President Obama for giving Americans a chance to buy into the market at lower prices over the last few weeks.

            Comment

            • #996
              I think it does demonstrate that you could cut 15% of the government spending and employment and not notice much difference. You probably wouldn't eliminate all the same people that are furloughed, I'd move a lot of the reductions to military, for example. One congress-person had a great idea, I thought. eliminate the debt ceiling as Obama wants. But replace it with the following rule: if congress doesn't pass a budget, then automatic spending reductions of 1% over the previous year are instituted. An additional 1% gets cut every 90 days that no budget is passed. Simple.
              Last edited by Jacob; 10-16-2013, 10:14 AM.

              Comment

              • #997
                Originally posted by The_Tick View Post
                The IRS gives a verification to the Loan Processors that you are who you claim to be. There is a form that you fill out when you are buying a house.

                They issue a verification to be put into the underwriting file. Happens on every home loan.

                Currently not happening.
                A friend of mine not only closed on a house during the shutdown, but also sold his house last week. I wonder how he circumvented this whole thing that is causing you an issue?
                "Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf

                Comment

                • #998
                  Originally posted by Moliere View Post
                  A friend of mine not only closed on a house during the shutdown, but also sold his house last week. I wonder how he circumvented this whole thing that is causing you an issue?
                  I know a couple of people who can't close due to the shutdown.
                  "There is no creature more arrogant than a self-righteous libertarian on the web, am I right? Those folks are just intolerable."
                  "It's no secret that the great American pastime is no longer baseball. Now it's sanctimony." -- Guy Periwinkle, The Nix.
                  "Juilliardk N I ibuprofen Hyu I U unhurt u" - creekster

                  Comment

                  • #999
                    A deal has been reached.

                    http://www.cnn.com/2013/10/16/politi...html?hpt=hp_t1
                    "There is no creature more arrogant than a self-righteous libertarian on the web, am I right? Those folks are just intolerable."
                    "It's no secret that the great American pastime is no longer baseball. Now it's sanctimony." -- Guy Periwinkle, The Nix.
                    "Juilliardk N I ibuprofen Hyu I U unhurt u" - creekster

                    Comment

                    • #1000
                      Originally posted by Jeff Lebowski View Post
                      A deal has been reached.

                      http://www.cnn.com/2013/10/16/politi...html?hpt=hp_t1
                      Yeah, a new credit card. I want a big screen TV.
                      One of the grandest benefits of the enlightenment was the realization that our moral sense must be based on the welfare of living individuals, not on their immortal souls. Honest and passionate folks can strongly disagree regarding spiritual matters, so it's imperative that we not allow such considerations to infringe on the real happiness of real people.

                      Woot

                      I believe religion has much inherent good and has born many good fruits.
                      SU

                      Comment

                      • #1001
                        image001CAMGCDJC.jpg
                        We all trust our own unorthodoxies.

                        Comment

                        • #1002
                          I think someone just posted that exact joke yesterday but they were passing it off as their own. Now I am skeptical.
                          Fitter. Happier. More Productive.
                          sigpic

                          Comment

                          • #1003
                            Originally posted by TripletDaddy View Post
                            I think someone just posted that exact joke yesterday but they were passing it off as their own. Now I am skeptical.
                            That joke is making the rounds. It should be on Jay Leno by next week.
                            We all trust our own unorthodoxies.

                            Comment

                            • #1004
                              Originally posted by Uncle Ted View Post
                              Cruz sez he will behave...

                              http://abcnews.go.com/Politics/wireS...nment-20579881



                              [/FONT][/COLOR][/LEFT]
                              Cruz is the male Sarah Palin. I see several failed reality shows in his future.
                              Give 'em Hell, Cougars!!!

                              For all this His anger is not turned away, but His hand is stretched out still.

                              Not long ago an obituary appeared in the Salt Lake Tribune that said the recently departed had "died doing what he enjoyed most—watching BYU lose."

                              Comment

                              • #1005
                                This is so unexpected! We BARELY escaped catastrophe!

                                Comment

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