The Dean Posted June 5, 2009 Share Posted June 5, 2009 What are the assets though..Are they liquid? Just because her home maybe assessed at X amount does not mean she will get X amount in a sale. True, but it is far from the picture you tried to paint in your post. Link to comment Share on other sites More sharing options...
swede316 Posted June 5, 2009 Share Posted June 5, 2009 True, but it is far from the picture you tried to paint in your post.How so? You're talking about a nominee to the frieking SUPREME COURT....She should be above reproach. If I was $400K in debt they'd can my ass. This seriously leaves a person open to bribery or other such things. Link to comment Share on other sites More sharing options...
swede316 Posted June 5, 2009 Share Posted June 5, 2009 And one more thing..Who the hell does the vetting in the Obama administration? Loser applicant after loser applicant. Link to comment Share on other sites More sharing options...
The Dean Posted June 5, 2009 Share Posted June 5, 2009 How so? You're talking about a nominee to the frieking SUPREME COURT....She should be above reproach. If I was $400K in debt they'd can my ass. This seriously leaves a person open to bribery or other such things. She ISN'T $400,00 in debt. That's the point. EDIT: Here, maybe this will help: http://www.accountingcoach.com/online-acco...se/60Xpg01.html Link to comment Share on other sites More sharing options...
Observer Posted June 5, 2009 Share Posted June 5, 2009 How so? You're talking about a nominee to the frieking SUPREME COURT....She should be above reproach. If I was $400K in debt they'd can my ass. This seriously leaves a person open to bribery or other such things. It looks like she owes most of that on her mortgage. Big deal. Link to comment Share on other sites More sharing options...
The Dean Posted June 5, 2009 Share Posted June 5, 2009 It looks like she owes most of that on her mortgage. Big deal. Exactly She listed her net worth at $740,053, with her biggest asset being a Greenwich Village condo worth $997,500. She also reported $381,775 in mortgage debt and $31,985 in the bank. http://www.politico.com/news/stories/0609/23351.html Not in debt. Net worth of over $700,000 grand. But I'm sure the lies will continue. Link to comment Share on other sites More sharing options...
DC Tom Posted June 5, 2009 Share Posted June 5, 2009 How so? You're talking about a nominee to the frieking SUPREME COURT....She should be above reproach. If I was $400K in debt they'd can my ass. This seriously leaves a person open to bribery or other such things. A $400k mortgage a $200k annual salary? How in the hell do you think that's fiscally irresponsible? Link to comment Share on other sites More sharing options...
AlaskaDarin_Has_AIDS Posted June 5, 2009 Author Share Posted June 5, 2009 Exactly http://www.politico.com/news/stories/0609/23351.html Not in debt. Net worth of over $700,000 grand. But I'm sure the lies will continue. You mean the lies about her 700k or the non-lies about the FACT she's practically destitute. Every case she'll be selling her vote to the highest bidder. Link to comment Share on other sites More sharing options...
BillsFan-4-Ever Posted June 5, 2009 Share Posted June 5, 2009 A $400k mortgage a $200k annual salary? How in the hell do you think that's fiscally irresponsible? A $400k mortgage with 3.5% down is ONLY $2400.00 a month. A $400k mortgage with 10% down is ONLY $1800.00 a month. Hell, I can afford that and I earn HALF of her salary!!! Link to comment Share on other sites More sharing options...
AlaskaDarin_Has_AIDS Posted June 5, 2009 Author Share Posted June 5, 2009 A $400k mortgage with 3.5% down is ONLY $2400.00 a month. A $400k mortgage with 10% down is ONLY $1800.00 a month. Hell, I can afford that and I earn HALF of her salary!!! I'm not impressed. I could afford to pay off her mortgage IN CASH just to prove a point. Link to comment Share on other sites More sharing options...
BillsFan-4-Ever Posted June 5, 2009 Share Posted June 5, 2009 I'm not impressed. I could afford to pay off her mortgage IN CASH just to prove a point. You should be becsause it's SIMPLE economics. I wasn't bragging moron. I was stating a simple FACT. but since you are an obvious bigot (bias) towards her what more should one expect. Link to comment Share on other sites More sharing options...
AlaskaDarin_Has_AIDS Posted June 5, 2009 Author Share Posted June 5, 2009 I wasn't bragging moron. I was stating a simple FACT. but since you are an obvious bigot (bias) towards her what more should one expect. As was I. Link to comment Share on other sites More sharing options...
BillsFan-4-Ever Posted June 5, 2009 Share Posted June 5, 2009 As was I. No you were being a dick. I posted VALID figures, you were being a TROLL. Link to comment Share on other sites More sharing options...
AlaskaDarin_Has_AIDS Posted June 5, 2009 Author Share Posted June 5, 2009 No you were being a dick. I posted VALID figures, you were being a TROLL. I apologize for coming off as surly and churlish. Link to comment Share on other sites More sharing options...
swede316 Posted June 5, 2009 Share Posted June 5, 2009 A $400k mortgage with 3.5% down is ONLY $2400.00 a month. A $400k mortgage with 10% down is ONLY $1800.00 a month. Hell, I can afford that and I earn HALF of her salary!!! I come up with closer to $2100 a month at 5.4% with 10% down. You also have to figure NYC property tax which is 10.6% to 16.8% depending on the property value. If that was the $1.6 million in assets it would be $160,000 a year on the low tax rate!! That would bring it to ~$15,000 a month. Granted I have no idea what her mortage or taxes are but just because she has $400,000 LEFT on her mortgage we don't know what her property is assessed at or the original loan amount. That is very important as we can see above in determining whether or not she is in financial trouble. Link to comment Share on other sites More sharing options...
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