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re: Homebuilders cancelling contracts to sell for more on market

Posted on 3/28/22 at 2:00 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37202 posts
Posted on 3/28/22 at 2:00 pm to
quote:

It isn’t a bubble. It’s the federal reserve


The wealthy are able to borrow money at less, and invest money at more, than the rest of us. It's been like that as long as money was available to borrow and invest.

The wealthy used to understand that in order to not get their heads cut off, they needed to throw out a few crumbs, and they needed to stay out of certain areas of American life. Some things - like middle class homeownership - were too important to try to squeeze.

But now the third and fourth and fifth generations of wealth are here, they haven't worked a day in their life, they don't understand the social contract the rich have with everyone else, and they just want to do whatever they can to add another zero or two to their wealth.

Only way I see this stopping is... well... cutting off some heads again.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
36758 posts
Posted on 3/28/22 at 2:05 pm to
quote:

But now the third and fourth and fifth generations of wealth are here, they haven't worked a day in their life, they don't understand the social contract the rich have with everyone else, and they just want to do whatever they can to add another zero or two to their wealth.

Only way I see this stopping is... well... cutting off some heads again.


You know this mighty french revolution of you.

Firm believer in the horseshoe theory. It’s funny when you see things on tiger droppings that would make for a good post on /r/stupidpol
This post was edited on 3/28/22 at 3:43 pm
Posted by wadewilson
Member since Sep 2009
36675 posts
Posted on 3/28/22 at 2:07 pm to
Eat the rich
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31341 posts
Posted on 3/28/22 at 3:04 pm to
quote:

But now the third and fourth and fifth generations of wealth are here, they haven't worked a day in their life, they don't understand the social contract the rich have with everyone else, and they just want to do whatever they can to add another zero or two to their wealth.

Only way I see this stopping is... well... cutting off some heads again.


In minds such as yours, anyone who is more successful than you has never worked a day in their life and is simply drawing from a trust fund and laughing at your misfortunes. You are such a victim, you just have to believe in your manufactured boogeymen hard enough and rock that "tax the rich" t-shirt long enough, and things will ultimately change for you, I'm sure of it.
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
79146 posts
Posted on 3/28/22 at 5:37 pm to
Dude. Your post. Awesome. Exactly right.
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