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08-01-2008, 02:34 PM
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Proud Member of DNA, The National Dyslexia Association.
Character: Daedalus
Guild: Retired
Server: Everfrost
Posts: 1,726
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Re: Extreme Home Makeover -- foreclosure?
I'm just wondering why the hell they thought now, of all times, would be a good time to start a construction company.
Sure it was their house and they could do whatever they wanted with it, but anyone who even barely paid attention to the news would know that construction probably isn't the hottest business sector right now.
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08-01-2008, 02:42 PM
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Retired?
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Re: Extreme Home Makeover -- foreclosure?
Quote:
Originally Posted by Skaer
Acted in greed?
You don't know the details, you don't know their intentions.
what kind of job did they have to pay the bills on that house?
How do you know they didn't intend to do charity work if the business was successful?
Also, who really fucking cares? They were GIVEN the house, there's millions of people that are given free things that act in greed, there's even those of us that look or expect to be given things for free. You're really just pissed it wasn't you that got a free house.
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Getting a job to pay the bills is a whole different ballgame. You can't go from outhouse to penthouse instantly, you need to pay your dues. He(they) should have attained a construction worker job, not mortgaged their future for instant power (being a CEO). You can't leapfrog and expect to be successful; you have to put in the legwork.
PS.
I do have a free house, with no mortgage, and sustain myself on a smaller income than I otherwise would.
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Last edited by Niber; 08-01-2008 at 02:44 PM.
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08-01-2008, 03:11 PM
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Because I'm right.
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Re: Extreme Home Makeover -- foreclosure?
Quote:
Originally Posted by Panthera
Can't do that.
None of these shows that do this kind of thing can put strings on the gifts they give. Otherwise, it isn't a gift. It is a contractual obligation that makes the TV show (or whatever) responsible.
They all do offer and/or highly recommend finacial planning. But that is as far as they can take it.
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Seems to work just fine for Homeowners' Associations telling you what to do with your house...
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08-01-2008, 03:13 PM
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L337 Poster
Character: Deson
Guild: Unbound
Server: Lucan
Posts: 1,471
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Re: Extreme Home Makeover -- foreclosure?
Quote:
Originally Posted by Illuminator
Seems to work just fine for Homeowners' Associations telling you what to do with your house...
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Now that should be unconstitutional.
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Quote:
Originally Posted by LFG
I used my best efforts to try and be supportive of SOE and did everything in my power to try and keep things professional and courteous between SOE and it's players... I will not stand back and be blamed for the incompetence of SOE management.
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Quote:
Originally Posted by Locke
I need to stop visiting this site, but I need my seasonal dose of spectating trainwrecks.
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08-01-2008, 03:42 PM
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Internets Winner
Character: Panthera Leo
Guild: Tranquil Order
Server: Befallen
Posts: 1,652
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Re: Extreme Home Makeover -- foreclosure?
Quote:
Originally Posted by Illuminator
Seems to work just fine for Homeowners' Associations telling you what to do with your house...
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They didn't give you a house either. You choose whether you want to buy or build in that area and agree to adhere to their charter. But even they have limits as to what codes they can mandate.
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Quote:
Originally Posted by Trumak
MOTHERFUCKING IRREGARDLESS SON
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08-01-2008, 03:58 PM
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Because I'm right.
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Re: Extreme Home Makeover -- foreclosure?
The whole thing is a stretch. If they own neither the land nor the house, then they are usurping the powers of the municipality or of whatever government has its jurisdiction there. And if governments can delegate powers to private concerns with ease, then I guess having something like OCP running the Detroit PD isn't far-fetched fiction. Or maybe it's already reality, hasn't anyone seen Animal Precinct?
Last edited by Illuminator; 08-01-2008 at 04:03 PM.
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08-01-2008, 05:33 PM
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Confirmed Exploits Life
Character: Widem
Server: Unrest
Posts: 2,353
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Re: Extreme Home Makeover -- foreclosure?
It was in very poor taste to take a donation and use it to leverage an investment. If this was a CEO of a major corp, he would definately have some fabricated charges brought against him even though this is not illegal.
This is definate proof of the old proverb, give a man a fish and feed him for a day, teach a man to fish and feed him for a lifetime.
No competant business would leverage a startup the way this went down. I mean spending this amount of cash on stuff that can't be collateralized, you have to be kidding me....business 101.
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08-02-2008, 09:08 AM
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Yo Soy La Pequeña Prohibida
Character: Kaif
Guild: Clan Of Shadows
Server: Thorgrim
Posts: 1,961
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Re: Extreme Home Makeover -- foreclosure?
As a banker, this is why I tell people its a bad idea to put your house up to fund a business.
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08-05-2008, 12:26 AM
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Regular
Character: Jumpz
Guild: Malicious Intent
Server: Smolderthorne
Posts: 275
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Re: Extreme Home Makeover -- foreclosure?
As a sweaty warehouse shipper and receiver of all things cardboard, putting your house up to fund a business is my professional advice.
Fuck, if you fuck up so bad that you wind up going to jail, your family gets to give you money so that you can become one of my tens of thousands of clients.
Total win win for me.
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