Comments about ‘Letters: Debt experience’

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Published: Tuesday, Oct. 15 2013 12:00 a.m. MDT

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Onion Daze
Payson, UT

Everyone uses “situation ethics”, including Senator Lee. Just like fire and words, situation ethics can be for good or bad. Senator Lee came up short when he disposed of his Alpine home.

ugottabkidn
Sandy, UT

Yes, Mr Lee has come up short in a lot of areas, especially in Utahns expectations.

Redshirt1701
Deep Space 9, Ut

To "Richard Bell" you obviously didn't do the 5 minutes of research to find out that Senator Lee planned on selling his house after he was elected. He knew that on a Senator's salary he couldn't afford it, and was trying to sell it.

All his story teaches us is that you should be careful when buying a house during housing boom that was inflated by easy government money.

Samson01
S. Jordan, UT

Well...considering that Lee is fighting a battle based on constitutional principles and that he is not actually preparing budgets, I would say he is doing exactly what the majority of the voters that cast their ballots for him want him to do.

Alfred
Phoenix, AZ

This is one of the most inane posts ever. Somebody should be ashamed. Wouldn't be surprised if Lee didn't take some form of rhadamanthine action.

Shaun
Sandy, UT

@redshirt. I am sure there are thousands of individuals who couldn't afford their home after they lost their jobs during the recession but I'm sure republicans would of still laid responsibility and fault on them.

RedShirt
USS Enterprise, UT

To "Shaun" for many of them, it is their fault.

Look at is this way. If you have a 2 income home, and one of those incomes goes to pay for your mortgage and all of your debt, and the other goes for savings and household expenses, isn't is wise to have savings to cover your expenses if you lost your job. Now, if one of the 2 income earners loses their job, and they can no longer make payments on all of their debt, who's fault is that? Who thought that going into so much debt in the first place was a good idea?

In this case, Senator Lee knew that he would have to sell his house, and rather than declaring bankruptcy, he did the honorable thing and arranged to do a short sale with his bank.

Ranch
Here, UT

@RedShirt;

The "honorable thing" would have been to postpone his ambitions until he'd sold his house, knowing in advance that a Senator's salary wouldn't cover his regular payments.

Lee chose to chase after his ambitions rather than be honorable.

RedShirt
USS Enterprise, UT

To "Ranch" no, that would have been dumb. What if he lost the race? He could have continued at his law firm and would have been able to afford his house.

Do you expect him to have a crystal ball that would tell him when the best time to sell would have been?

Look at it from a more practical standpoint. If you go to a job interview for a job you want, but would require you to move would you sell your house after the interview or after you get a job offer?

That was his situation. He didn't have the job, and should not have been expected to sell his house until after the election.

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