Friday, January 02, 2009

Real Estate Bubble and more.

If you have a chance to see this video. It about sums it up on the ecomomy the last few years. Take a look at it and then come back and share your comments.


http://www.youtube.com/watch?v=bNmcf4Y3lGM

5 comments:

Just another poor Derry Taxpayer said...

EXACTLY!

Some have said the buyers were naive however the real problem was their greed and this was played upon by everyone involved. From the sales agent to the buyer and everyone involved in between got trapped in greed.

Anonymous said...

Hey - here's an idea - Londonderry Councilors are cutting their stipend/pay back from $2,000 to $1.

What do you say Derry Councilors?

What is the stipend for a Derry Councilor anyway?

http://unionleader.com/article.aspx?headline=Londonderry%27s+councilors+cut+their+own+pay&articleId=c1b66ab9-8597-45f9-9832-61a5aa5f2e55

BC said...

anon 2:21,
$2700 year except for Chairman. They make $4100. Unlike Londonderry who will have their budgets approved by voters. Our budget starts in March of each year and the budget cycle begins in July. If any one councilor wanted to, they could give their stipend back. I use mine to donate to local charities.

Anonymous said...

Brian,

Post this where you see fit - if customers of Comcast call up and ask for a credit on their bills for the number of days without Cable - they will give you a credit - they divide your monthly fee by 30 days and multiply by the number of days you were without cable.

You have to ask though - they are not doing this proactively.

So pass it along and many in town can at least get something back!

Anonymous said...

Brian
On another subject...what is this I see on the T.C. agenda?
New Business
09-08 Authorization to Advertise and Fill Positions
• Tax Collector
• Water & Sewer Electrician
• Part Time Health Administrative Support
• Police Officers (3)
I thought there was a hiring freeze!