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darkstar Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-25-03 02:07 AM
Response to Reply #74
78. I repeat
Edited on Mon Aug-25-03 02:40 AM by darkstar
it's not an easy call. What, did you find my tone stridently anti yours? I tried to show it was a difficult issue, with good reasoning on both sides.

I also clearly stated that I was not a resident and that all of this was opinion rather than belief in right or wrong.

Hence, my opinion is there are fare more important things for the nation.

As for CA, how bout where you started. Would consider taxes, then at first presser, AS rules it out. Then aide says not so fast. That's one issue tied to the man himself, i.e. duplcity and truth bending and not bring teady for the big show.

Then there's environment. Port security. Aging population. Housing bubble. Energy. Immigration.

These are all issues to be adressed. How to pay for some of the above, what to do about others. Housing bubble, esp, seems to be a huge problem in CA. Done some research on it for a candidate myself w/r/t my home state. Lots of research one soon discovers has been done on the CA situation, as N Ca esp is the greatest concentration of overvaluation in the nation. Silicon Valley, SF at large, Fairfax (read a detailed piece on this community as an example). Their P:E ratios, so to speak, are way out of whack, i.e. renters will only rent at an earning ratio at 12% or so of nat avg. Razor thin, my friend, and proof off the problem by personal economic behavior.

Any one got a plan for that? Does AS? Another suffcient downturn and millions losing sig percents of their total worth in a feedback loop of bancruptcies and no buyers b/c of fewer loans or "high risk loans only" will drive market downward, leaving owners stuck paying off a house, no matter how good the rates, now worth .8x of its purhase price.

Like I said, I think the father thing has two sides. You're the one that upped the ante by tacitly arguing it was of importance. (BTW, isn't this at least some part of the reason AS didn't attend his dad's funeral? ? Desn't his non-attendance it weaken yr position?) But if you want to think that is more important than the above and have yr candidates and media talking about Gutave for the next few weeks rather than, say, the above--to name but one issue--best of luck. If it turns the trick, I'll be happy about the means but remain personally conflicted about the means.



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