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The empressof all Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:15 PM
Original message
Just Heard the Ownership Commercial
Edited on Tue Aug-10-04 01:21 PM by Wubette
Bushie wants all Americans to own their own homes, or business, or health care or retirement plan.

This is just further evidence these folks don't have a clue. You need a job that pays a living wage to PAY for these things.

I think the American people are smarter than this and will just laugh this one off the TV screens in a week.

God aren't they even doing focus groups? This one is just Dumb, dumb, dumb.

Hope they keep it up.
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BlueEyedSon Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:16 PM
Response to Original message
1. Maybe they plan to GIVE houses away?
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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:17 PM
Response to Reply #1
3. NO - that would encourage dependency!!
And that would be wrong, like single moms relying on WIC, or drug addicts expecting free treatment, or wealthy timber companies getting fat subsidies and free roads to cut old-growth . . .

Oh, never mind!!
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Not Me Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:17 PM
Response to Original message
2. One of the basic tenets of capitalism is that we can't all be owners.
The system depends on winners and losers in the financial markets.
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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:50 PM
Response to Reply #2
9. The price of the zero-sum game nt
.
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hippiegranny Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:17 PM
Response to Original message
4. is this the new & improved
bush message? offer the impossible to people instead of attacking john kerry? ok, works for me.
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aden_nak Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:23 PM
Response to Original message
5. I make 3x minimum wage in NJ and I could never afford my own house.
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info being Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:24 PM
Response to Original message
6. Think bigger picture. They are throwing around this term...
to gain support for what they really want to do with Corporate Globalism...namely, patent and exploit nature and life itself throughout the world. Interesting article on this here (though it doesn't link the term "ownership society" to Corporate Globalization, I think it's clear that this is what they are getting at):

http://www.yesmagazine.com/24democracy/shiva.htm
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jjmalonejr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:40 PM
Response to Original message
7. So taking out a mortgage that you can't afford long-term is OWNERSHIP?
Own your own home!!! (Maybe in 30 years, if things go well for you)

Only the wealthy own things. The rest of us are just leasing from the rich.
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Bridget Burke Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:47 PM
Response to Reply #7
8. Be sure to save enough for health care & retirement
while you're paying off that mortgage.

You'll be "owning" those, as well.

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Hammie Donating Member (413 posts) Send PM | Profile | Ignore Tue Aug-10-04 02:10 PM
Response to Reply #7
12. Um, yes.
I own my home and it has a mortgage. All the benefits of the property accrue to me. All the costs and liabilities also accrue to me. In all respects I am the owner. The bank doesn't own my home. They can't sell it or otherwise dispose of it, nor can they allow or prevent anyone's presence in it. If I don't meet my financial obligations they can go to court and foreclose on the property meaning the court awards them ownership of it to settle my debt.

Borrowing is how people of normal means buy homes. If I had to save for it, I would be close to retirement before I would be able to own a home. Actually, mortages are such a good idea that even rich people have them.
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jjmalonejr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 02:36 PM
Response to Reply #12
14. I didn't mean to sound as if I was demonizing borrowing
My point was that without long-term financial security (i.e. jobs), all of this rhetoric about "ownership" is meaningless.

The recent explosion of home ownership has, in my opinion, occured on the backs of people who may not have the financial means to maintain the debt that they are saddled with if they lose their job.

This doesn't apply to everyone, but encouraging people to go into debt without simultaneously enacting policies that will provide people of normal means the future job security to manage the debt seems irresponsible to me.
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Hammie Donating Member (413 posts) Send PM | Profile | Ignore Tue Aug-10-04 06:52 PM
Response to Reply #14
15. Those people are still better off.
Take me for instance. Since I've bought my home it has appreciated in value. Say I lose my job in 6 months, which could actually happen since I work in a very volatile industry. I have some savings, which would tide me over for a few months. If I didn't have prospects for a job by that time, I would have to sell my house. Upon selling my house, I would get my equity in cash. For me that would be equal to about 2 years of take home pay. I would have to rent a house or apartment until I was financially stable again, but I would still be better off than if I had never owned a home. Presumably, I would be able to find another job while I still had some cash in hand which would be my down payment for a new house.

Now if I stupidly decide not to cash out and let the bank foreclose on me, them I am seriously screwed.
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Julien Sorel Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 01:51 PM
Response to Original message
10. It's a slogan, like "Leave no child behind," nothing more.
Just another unfunded mandate.
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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 02:04 PM
Response to Original message
11. We all own a bigger share of the national debt......thanks Dubya!
You have made "owners" out of all of us.
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sandnsea Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 02:18 PM
Response to Original message
13. We need a new T-Shirt
"I voted for George W. Bush and all I got is $25,000 in National Debt."

(I didn't vote for Bush, but you get the idea)
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cynatnite Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 06:56 PM
Response to Reply #13
16. Owning something means we've got a stake
Everytime I hear this thing, I think:

Yeah, I'll own my house in about 20 freakin' YEARS!

I'll own a portion of the debt, so will my kids and grandkids...yeah, great :crazy:

I've got a stake since I own my car, my computer, my couch

Geez, how much more can this guy be out of touch??

Cyn:)
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 07:08 PM
Response to Original message
17. Here's why it's a useless ad:
Homeowners already own homes.

Non-homeowners are, like, "yeah right" :eyesroll:

so who is he addressing?
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cthrumatrix Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-10-04 07:12 PM
Response to Reply #17
18. he wants YOU to provide for the future bankruptcy of medicar and soc sec
it's about off loading the expenditures .... I call it a fiscal meltdown
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