Records: Prof profited by buying, selling homes

[RIJIMMY]

I dont think this is a big deal.
I think the point swimmer and others are trying to make is - its equivalent to Warren preaching about the evils of alcohol and the greedy alcohol business and in her past she used to have a few drinks now and then.
Not a big deal, but undermines her credibility.

[zimmy]

Originally Posted by RIJIMMY

I dont think this is a big deal.
I think the point swimmer and others are trying to make is - its equivalent to Warren preaching about the evils of alcohol and the greedy alcohol business and in her past she used to have a few drinks now and then.
Not a big deal, but undermines her credibility.

I agree with Jimmy. It does undermine her credibility to a degree on some issues , but I am not sure when it became immoral to buy houses, fix them up, and sell them for profits. The important question, are the actual facts? We don't even know what the net profits of the sales were. I know in Worcester back in those days, you got breaks for buying houses and fixing them up on main south.

[Jim in CT]

Originally Posted by RIJIMMY

I dont think this is a big deal.
I think the point swimmer and others are trying to make is - its equivalent to Warren preaching about the evils of alcohol and the greedy alcohol business and in her past she used to have a few drinks now and then.
Not a big deal, but undermines her credibility.

This is a bit worse, because she profitted by it. She profitted off of others' misfortune, which she claims she is opposed to.

A better analogy would be if she spoke about the evils of alcohol, and then silently opened up a bar across the street from alcoholics ananymous.

[spence]

Originally Posted by Jim in CT

This is a bit worse, because she profitted by it. She profitted off of others' misfortune, which she claims she is opposed to.

A better analogy would be if she spoke about the evils of alcohol, and then silently opened up a bar across the street from alcoholics ananymous.

I think you're confusing misfortune with exploitation.

-spence

[Jim in CT]

Originally Posted by spence

I think you're confusing misfortune with exploitation.

-spence

Zimmy, if profiteers like Liz Warren didn't pounce on foreclosed homes for a quick profit, banks would have more incentive to help struggling folks stay in their homes. Try making that wrong. Warren is profitting on the misfortune of others, while she chastises others for doing the same. Irrefutable fact.

"Nobody in their right mind would buy a house to flip if all they thought they'd make was 18% before expenses."

You are focusing on the 18% deal, because that makes her look the least reptilian. How about this deal, if you read the link...

"Purchasing a foreclosed home at 2725 West Wilshire Boulevard from the U.S. Department of Housing and Urban Development for $61,000 in June 1993, then selling it in December 1994 for $95,000 — a 56 percent mark-up in just 18 months."

Zimmy, please answer this simple question...Rather than profiting from the misfortune of others, why isn't she helping those struggling folks to stay in their homes?

If what she did is OK, it's OK for others (like Mitt Romney) to do the same...

Your hypocrisy has no limits, and you have no shame.

[buckman]

Originally Posted by Jim in CT

"Purchasing a foreclosed home at 2725 West Wilshire Boulevard from the U.S. Department of Housing and Urban Development for $61,000 in June 1993, then selling it in December 1994 for $95,000 — a 56 percent mark-up in just 18 months."

.

Sad part is,as with most of these sweet deals, it's who you know.

Warren is a hypocrit at best and currupt to the core. She is a manipulative weasle who used any part of the system, created by her party, to get ahead. She is everything that is wrong with politics.

Scott Brown isn't.

[likwid]

Originally Posted by buckman

Sad part is,as with most of these sweet deals, it's who you know.

Warren is a hypocrit at best and currupt to the core. She is a manipulative weasle who used any part of the system, created by her party, to get ahead. She is everything that is wrong with politics.

Scott Brown isn't.

This is the most hilarious thing I've read on this forum in YEARS

[buckman]

Originally Posted by likwid

This is the most hilarious thing I've read on this forum in YEARS

Glad I could cheer you up. You want a really laugh wait for the debates