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re: Biden to hike payments for good-credit homebuyers to subsidize high-risk mortgages

Posted on 4/20/23 at 5:36 am to
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
44444 posts
Posted on 4/20/23 at 5:36 am to
quote:

Being responsible and accountable is now literally being punished by this country's leaders.


We’ve had a progressive income tax since 1913. We’ve been punishing successful, responsible tax payers for over 100 years now. This is just an extension of that philosophy.
Posted by GusMcRae
Deep in the heart of the Big Sleazy
Member since Oct 2008
3783 posts
Posted on 4/20/23 at 5:39 am to
Pure wealth redistribution.

We could have had Trump, but the people spoke.
Posted by painman1
Member since Jan 2023
295 posts
Posted on 4/20/23 at 5:42 am to
quote:

Because we still get a better rate? I mean sure you can do all that if u want ur rate to be worse.


I'm lucky enough to be at a point in my life where I can pay for what I buy and do not need to borrow to get it. So if I lose my credit no biggie. I need to research bankruptcy laws to see if I would come out ahead doing this. I have been responsible with my finances all of my life. With crap like this it seems fitting to go out this way.
Posted by Easye921
Mobile
Member since Jan 2013
3154 posts
Posted on 4/20/23 at 5:47 am to
quote:

They fricking earned that credit score. They weren’t assigned it.


Ain't that the fricking truth. My credit was around 530 three yeas ago. Now I got it up to 770 so I could potentially buy a house.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53541 posts
Posted on 4/20/23 at 5:55 am to
It took me almost 30 years to get mine to where it is now so I'll get to subsidize someone who made bad financial decisions.
Posted by tes fou
Member since Feb 2014
992 posts
Posted on 4/20/23 at 5:55 am to
Let me fix that for you:

“Rents rise as landlords pass along new borrowing costs”….
Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
64370 posts
Posted on 4/20/23 at 6:04 am to
The goal is for people to never own homes. They'll make as unattractive as they can without outright banning ownership.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/20/23 at 6:05 am to

"From each according to his ability, to each according to his needs"
Posted by LSUballs
RayVegas LA
Member since Feb 2008
40383 posts
Posted on 4/20/23 at 6:07 am to
quote:

just say black folks.


quote:

by TigerCoon






Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/20/23 at 6:12 am to
quote:

Pure wealth redistribution.


We are in the midst of a communist revolution
Posted by The Pirate King
Pangu
Member since May 2014
68514 posts
Posted on 4/20/23 at 6:16 am to
quote:

It’s a bad policy, but there needs to be some context in this thread too.


Actually, there’s not any context needed. The simple facts of this sham are easy for anyone to understand. But thank you for attempting to defend this like a good socialist.
Posted by Corinthians420
Iowa
Member since Jun 2022
16104 posts
Posted on 4/20/23 at 6:17 am to
quote:

Pure wealth redistribution.

They want more people who can't afford homes to buy them. Then we can have 2008 all over again.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/20/23 at 6:19 am to
quote:

The goal is for people to never own homes. They'll make as unattractive as they can without outright banning ownership


Reparations and mortgage shenanigans means most white people will be priced out of the housing market.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 4/20/23 at 6:20 am to
quote:

The goal is for people to never own homes. They'll make as unattractive as they can without outright banning ownership.


This is one of my lines in the sand. Home ownership has been a goal of mine for almost a decade and I've grinded my way to finally being there. I have to deal with low inventory, offering over asking, buyers with all cash no loan offers, ect ect. This is just more dog shite on that already overloaded plate. The cabal that runs the ice cream loving dementia patient is ruining this country.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138932 posts
Posted on 4/20/23 at 6:22 am to
C on z is ecstatic
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/20/23 at 6:23 am to
quote:


We’ve had a progressive income tax since 1913. We’ve been punishing successful, responsible tax payers for over 100 years now. This is just an extension of that philosophy.


The goal of progressivism is to replace the successful in this country with people who are not successful

Look at the governing bodies of most of the major cities.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138932 posts
Posted on 4/20/23 at 6:26 am to
Clinton did this which caused the 2008 debacle and Bush was blamed. This is next step to an even bigger version of that and when it eventually fails, they'll 100% blame it on Trump
Posted by WhoDatNC
NC
Member since Dec 2013
14340 posts
Posted on 4/20/23 at 6:29 am to
Robbing from the hard working and responsible to cover for the shite bags.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 4/20/23 at 6:29 am to
quote:

C on z is ecstatic


Why wouldn't he be? He's going to have everything handed to him his entire life.
Posted by TDTOM
Member since Jan 2021
25893 posts
Posted on 4/20/23 at 6:32 am to
Lester Earl thinks it should be more.
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