Republican happy hour at Dubliner

7/22/2008:

Here’s the fantastic promotional email I got from “Hoboken Republicans” regarding a Happy Hour tonight at Dubliner.

411 Hint: GUYS, please make the announcement more exciting! Beer, and happy hour doesn’t say much! I’d love to help you, but… what are you serving? How long is happy hour? what are the prices? What about a flier? Hmmm?

hoboken-dubliner-republicans.jpg

Ambiguous Happy Hour Announcement

Meet and connect with like minded Republicans.

Happy Hour at the Dubliner
Tues, July 22nd at 6:30 pm.

More Hoboken Taxes?!
O-Who?! O-Know! I Need a Beer.

Hoboken Republicans

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319 Comments on "Republican happy hour at Dubliner"

bradykp
Member
bradykp

i understand your points matt, but people that have a lot of equity in their house might use that equity to build an addition, remodel their kitchen, take a vacation, etc etc. debt is a big part of our economy no?

take away that “paper net worth” and you take away an effective line of credit that they qualify for, that is tax deductible interest. just a point. i agree with you that the market needs to bottom out, the government’s thoughts is just that they don’t want it to be a completely dropout all at once. right or wrong, that’s what they’re thinking.

matt_72
Member
[quote comment=”96765″][quote comment=”95767″]I agree on your theories that a home isn’t an investment. But that doesn’t change the fact that prices are still too high, that the buyers are still at lower price points and that a bailout will only keep prices from falling to a market clearing price. We need the market to hit rock bottom before there is any recovery, not more government intervention. And it will take a very long time to get to that bottom so long as the government is bailing out troubled borrowers. And I don’t even get why they are doing it. People that are underwater on their mortgages are better off walking away – and taxpayers are better off not having to help out people w/ negatve equity in their homes.[/quote] i agree that prices are still to high, i think the government feels the need to step in to stop the rates of foreclosures and the overall drag on the economy. i read something 6-9 months ago how if all the expected foreclosures happen, the result would be a huge net loss in the value of everyone’s homes….i forget the figures….but this would then resonate throughout the economy. i’m not saying the gov’t is right by doing what they’re doing, but i understand the approach and the attempt to fend it off.[/quote] Any “net loss” in value is irrelevent. The gain was a paper gain, the loss will be a paper loss. You don’t have a real loss unless you try… Read more »
bradykp
Member
bradykp

here’s an interesting article to think about (not in response to the wsj article, i just happened to read this today):

money.cnn.com/2008/07/24/magazines/...neymag/105711588.moneymag/index.htm

Easy-E
Member

[quote comment=”96769″]Arguing politics in a post about a Happy Hour. Got love it.

As they say, arguing on the internet is like winning the Special Olympics. Even if you think you’ve won, you’re still retarded.[/quote]

Quickpost this image to Myspace, Digg, Facebook, and others!

MidnightRacer
Member

[quote comment=”96783″]i would wait for the property tax hikes before buying. prices will drop like a rock.[/quote]

Good advice. Yeah, I know. I watched it happen last year with the tax increases in South Orange and Maplewood – that whole county. That’s why I’m sticking with Morris County. Unless Gov. Corzine goes crazy and strong arms Morris County, I feel pretty safe.

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