Comments on: Jingle mail http://polizeros.com/2008/01/29/jingle-mail/ Musings on politics: anti-war, global warming, peak oil and otherwise Thu, 20 Nov 2008 13:20:24 +0000 http://wordpress.org/?v=2.6.1 By: DJ http://polizeros.com/2008/01/29/jingle-mail/#comment-148126 DJ Wed, 30 Jan 2008 01:38:28 +0000 http://polizeros.com/2008/01/29/jingle-mail/#comment-148126 On the off-topic of water, interestingly a local radio station aired a climate modeler and climate historian who both agreed that northern Utah would not only get warmer, but wetter as well. So the generalization that the entire southwest will dry out may not be accurate. (Unfortunately, I live in SOUTHERN Utah, which they said will NOT get wetter-- but it may not get drier.) On the off-topic of water, interestingly a local radio station aired a climate modeler and climate historian who both agreed that northern Utah would not only get warmer, but wetter as well. So the generalization that the entire southwest will dry out may not be accurate. (Unfortunately, I live in SOUTHERN Utah, which they said will NOT get wetter– but it may not get drier.)

]]> By: Bob Morris http://polizeros.com/2008/01/29/jingle-mail/#comment-148121 Bob Morris Tue, 29 Jan 2008 21:36:41 +0000 http://polizeros.com/2008/01/29/jingle-mail/#comment-148121 It appears that plenty of people are abandoning their homes while they still have some money left, rather than pay reset mortgage rates they can't afford as the home declines in value. And really, why shouldn't they walk away? Staying would be even more financially ruinous. Yes, others also have opined there may be a reverse migration from the arid southwest back to northern states where there are still ample water supplies. Here in CT we were actually in a moderate drought, as defined by the government, in the summer and fall. Then the rain and snow came, we went to mild drought, then extremely dry, now it is officially over. It appears that plenty of people are abandoning their homes while they still have some money left, rather than pay reset mortgage rates they can’t afford as the home declines in value.

And really, why shouldn’t they walk away? Staying would be even more financially ruinous.

Yes, others also have opined there may be a reverse migration from the arid southwest back to northern states where there are still ample water supplies.

Here in CT we were actually in a moderate drought, as defined by the government, in the summer and fall. Then the rain and snow came, we went to mild drought, then extremely dry, now it is officially over.

]]> By: Ten Bears http://polizeros.com/2008/01/29/jingle-mail/#comment-148100 Ten Bears Tue, 29 Jan 2008 16:23:35 +0000 http://polizeros.com/2008/01/29/jingle-mail/#comment-148100 As an exercise in psycho-history, I've been using the Anasazi abandonment model as the base micro-population in my, ahhhh... anticipations of the behavior pattern of the larger model as it applies to historical cyclical water patterns across the west, where water is a factor equally weighted as humans. Nice touch, that; haunting. The trouble with this statistical model is the answer is always 'they're gonna' move here'. As an exercise in psycho-history, I’ve been using the Anasazi abandonment model as the base micro-population in my, ahhhh… anticipations of the behavior pattern of the larger model as it applies to historical cyclical water patterns across the west, where water is a factor equally weighted as humans. Nice touch, that; haunting.

The trouble with this statistical model is the answer is always ‘they’re gonna’ move here’.

]]> By: DJ http://polizeros.com/2008/01/29/jingle-mail/#comment-148095 DJ Tue, 29 Jan 2008 14:53:22 +0000 http://polizeros.com/2008/01/29/jingle-mail/#comment-148095 That's one reason I wonder about making Cancellation of Debt (COD) income nontaxable. It's ALREADY non-taxable if you're insolvent-- and that's almost everyone forced into foreclosure, because if they had the money they'd have paid it. The new law makes COD nontaxable for your principle residence even when you're not insolvent. Why would we want to give people a tax break for walking away if they don't have to? That’s one reason I wonder about making Cancellation of Debt (COD) income nontaxable. It’s ALREADY non-taxable if you’re insolvent– and that’s almost everyone forced into foreclosure, because if they had the money they’d have paid it.

The new law makes COD nontaxable for your principle residence even when you’re not insolvent. Why would we want to give people a tax break for walking away if they don’t have to?

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