Tommy Callahan Posted December 16, 2023 Share Posted December 16, 2023 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 18, 2023 Share Posted December 18, 2023 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 22, 2023 Share Posted December 22, 2023 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 23, 2023 Share Posted December 23, 2023 1 Link to comment Share on other sites More sharing options...
Irv Posted December 23, 2023 Share Posted December 23, 2023 What a mess. Biden and his buddies botch another thing. 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 26, 2023 Share Posted December 26, 2023 Link to comment Share on other sites More sharing options...
Irv Posted December 26, 2023 Share Posted December 26, 2023 Nobody can afford the loans now. Biden and his idiotic policies make it impossible for minorities to own homes. Might as well be redlining again. What a mess. 1 Link to comment Share on other sites More sharing options...
Doc Posted December 26, 2023 Share Posted December 26, 2023 My MIL just passed away. The house now belongs to my wife. Thankfully it was paid-off decades ago. But we're not going to rush to try to sell it. 2 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 26, 2023 Share Posted December 26, 2023 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 27, 2023 Share Posted December 27, 2023 1 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted December 27, 2023 Share Posted December 27, 2023 (edited) 14 minutes ago, Tommy Callahan said: The Fed's primary concern is the well-being of its member banks and the system is a free money racket for the banks. Us Peons are required to devote time and effort to produce something of value in exchange for money or wages while the banks receive money from Heaven. Like magic! The dual mandates are purely a public relations hustle. Its the world's most profitable crony capitalism racket. Edited December 27, 2023 by All_Pro_Bills 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 27, 2023 Share Posted December 27, 2023 Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 lets bump this, since no one wants to admit the economy is BOOMING 1 Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 lets bump this, since no one wants to admit the economy is BOOMING b umping again 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 29, 2023 Share Posted December 29, 2023 2 hours ago, Thurmal34 said: lets bump this, since no one wants to admit the economy is BOOMING b umping again This economy is amazing. just wait till the fed lowers rates to increase liquidity. Good times. Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 1 hour ago, Tommy Callahan said: This economy is amazing. just wait till the fed lowers rates to increase liquidity. Good times. when my folks bought their first house in 1984, they had a 18% interest rate on their mortgage. go off, king. 1 Link to comment Share on other sites More sharing options...
AlBUNDY4TDS Posted December 29, 2023 Share Posted December 29, 2023 Just now, Thurmal34 said: when my folks bought their first house in 1984, they had a 18% interest rate on their mortgage. go off, king. Only someone who lives in their parents basement would believe that the economy is booming.....but go off king. 2 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 29, 2023 Share Posted December 29, 2023 8 minutes ago, Thurmal34 said: when my folks bought their first house in 1984, they had a 18% interest rate on their mortgage. go off, king. To fix the insane inflation created by Carters economic inflation levels over 10% https://www.thebalancemoney.com/u-s-inflation-rate-history-by-year-and-forecast-3306093 it's about to get ugly, Fed knows it. its why they know they will be cutting rates so much. its just interesting how they are marketing it as "soon stuff will get cheaper". 1 Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 34 minutes ago, AlBUNDY4TDS said: Only someone who lives in their parents basement would believe that the economy is booming.....but go off king. I have already said this but im as middle class as it gets. Own a home in Essex county, Ma, work for a hospital based in Boston. 17 yo and 15 yo kids, about to pay for college. not over leveraged but have a mortgage and one car note, so some debt. volunteered for some boards here in town (little league, community house) and try to make a point to help the greater good. I'm 51. But yeah, mom's basement. Link to comment Share on other sites More sharing options...
AlBUNDY4TDS Posted December 29, 2023 Share Posted December 29, 2023 1 minute ago, Thurmal34 said: I have already said this but im as middle class as it gets. Own a home in Essex county, Ma, work for a hospital based in Boston. 17 yo and 15 yo kids, about to pay for college. not over leveraged but have a mortgage and one car note, so some debt. volunteered for some boards here in town (little league, community house) and try to make a point to help the greater good. I'm 51. But yeah, mom's basement. So how's the economy booming? Based on what exactly? Go shopping lately? You seem to be too old to be this naive. Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 (edited) 5 minutes ago, AlBUNDY4TDS said: So how's the economy booming? Based on what exactly? Go shopping lately? You seem to be too old to be this naive. Unemployment is under 4.0%, GDP is growing at un precedented levels each quarter, and the US has the lowest rate of inflation in the world. Start there. Edited December 29, 2023 by Thurmal34 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 29, 2023 Share Posted December 29, 2023 1 minute ago, Thurmal34 said: Unemployment is under 4.0%, GDP is growing at un precedented levels each quarter, and the US has the lowest rate of inflation in the world. Start there. Record credit card debt. Housing devaluation. Largest bank asset is said real estate. No one believes the cooked books that doesn't count food or energy in the formula. Remove yourself from the bindings that keep you watching the shadows on the cave wall. 1 Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 (edited) 6 minutes ago, Tommy Callahan said: Record credit card debt. Housing devaluation. Largest bank asset is said real estate. No one believes the cooked books that doesn't count food or energy in the formula. Remove yourself from the bindings that keep you watching the shadows on the cave wall. We NEED the housing market to crash...how are your kids gonna afford a starter home if it doesnt? Wake up. Lemme guess...you found information that the world's top economists missed? Edited December 29, 2023 by Thurmal34 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 29, 2023 Share Posted December 29, 2023 (edited) 10 minutes ago, Thurmal34 said: We NEED the housing market to crash...how are your kids gonna afford a starter home if it doesnt? Wake up. Lemme guess...you found information that the world's top economists missed? you get the housing crash would involve the kids not having the jobs to buy said house. Then huge stimies to the banks that their grandkids will still be paying off. You grasp fractional reserve banking? and what happens when the Assets used to provide credit lose value? The worlds top economist are not the shadows on the cave wall. they are building bunkers and talking about 3-6 rate cuts. IF they cut rates 6 times in a year, that means people are hurting. DERP FIFY 34 has to be fake. No one can be that ignorant. Edited December 29, 2023 by Tommy Callahan 1 1 Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 2 minutes ago, Tommy Callahan said: you get the housing crash would involve the kids not having the jobs to buy said house. Then huge stimies to the banks that their grandkids will still be paying off. You grasp fractional reserve banking? and what happens when the Assets used to provide credit lose value? The worlds top economist are not the shadows on the cave wall. they are building bunkers and talking about 3-6 rate cuts. IF they cut rates 6 times in a year, that means people are hurting. DERP FIFY my god man its not that complex - although, if it is, certainly one guy cant be responsible for it...right? my daughter should be ready to buy a house in about 11 years...she can't pay 1,000,000 for her first home. 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 29, 2023 Share Posted December 29, 2023 (edited) Thats nice. at the rate we are going, she will just rent and live in some 15-minute city where only the landowners profit. Who said one guy. It took a lot of dems and rat GOP to pass the BS stimuluses. Its the DEMS economic agenda that's about as bad as their domestic and foreign policy. and people are feeling and seeing the results. and they suck No matter how many voices on social media, or the talking heads say their eyes are lying. at this point your either just trolling or have no actual comprehension of the topic. you're just parroting the talking/MSM point. Edited December 29, 2023 by Tommy Callahan Link to comment Share on other sites More sharing options...
US Egg Posted December 29, 2023 Share Posted December 29, 2023 5 minutes ago, Thurmal34 said: We NEED the housing market to crash...how are your kids gonna afford a starter home if it doesnt? Wake up. Lemme guess...you found information that the world's top economists missed? Lowered property values going below what they were mortgaged creates foreclosures and bankruptcy, signifying a recession. Last recession homes values dropped significantly, not slightly, that sets the economy back, not forwards. 1 Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 (edited) 4 minutes ago, Tommy Callahan said: Thats nice. at the rate we are going, she will just rent and live in some 15-minute city where only the landowners profit. Who said one guy. It took a lot of dems and rat GOP to pass the BS stimuluses. Its the DEMS economic agenda that's about as bad as their domestic and foreign policy. and people are feeling and seeing the results. and they suck No matter how many voices on social media, or the talking heads say their eyes are lying. Economic "agenda"? What, specifically, do you mean? Are you referring to the CHIPS act? The Inflation reduction act? Infrastructure bill? Come on man, you are in a cult. It blows my mind how many ppl shill for gov handouts to big biz and disparage plans meant to help the class those people are in. Insane. Edited December 29, 2023 by Thurmal34 1 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 29, 2023 Share Posted December 29, 2023 U.S. GDP Growth Rate 1961-2023 | MacroTrends look at say after the 08 crash. the 01 crash 91 crash Black monday Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 sure wouldnt want to hand taxpayer dollars to those corporations...oh, wait. 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 29, 2023 Share Posted December 29, 2023 2 minutes ago, Thurmal34 said: Economic "agenda"? What, specifically, do you mean? Are you referring to the CHIPS act? The Inflation reduction act? Infrastructure bill? Come on man, you are in a cult. Ironic comment at the end as your just parroting what someone told you. All massive liquidity into the market that mostly went directly to the fortune 500. I didn't see any of that lower the amount of homeless, because that keeps climbing like people using credit and savings to pay basic bills. Just now, Thurmal34 said: sure wouldnt want to hand taxpayer dollars to those corporations...oh, wait. Thats what chips and the inflation bill were. Raising the corporate rate was amazing. Same with ending the child tax credit in exchange for SALT deductions. Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 (edited) 2 minutes ago, Tommy Callahan said: Ironic comment at the end as your just parroting what someone told you. All massive liquidity into the market that mostly went directly to the fortune 500. I didn't see any of that lower the amount of homeless, because that keeps climbing like people using credit and savings to pay basic bills. Thats what chips and the inflation bill were. Raising the corporate rate was amazing. Same with ending the child tax credit in exchange for SALT deductions. How about the tax cuts that blew a $1,000,000,000,000 hole in our budget? Edited December 29, 2023 by Thurmal34 1 1 Link to comment Share on other sites More sharing options...
Tommy Callahan Posted December 29, 2023 Share Posted December 29, 2023 (edited) 4 minutes ago, Thurmal34 said: How about the tax cuts that blew a $1,000,000,000,000 hole in our budget? The ones everyone felt. the only problem with those is they were not extended for everyone, and we didn't cut spending to make up for it. or the lowered corporate rate so main street could compete with wall street and foreign countries. No more goal post moving. This economy sucks for the poor, working and middle classes. Edited December 29, 2023 by Tommy Callahan Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 2 minutes ago, Tommy Callahan said: The ones everyone felt. the only problem with those is they were not extended for everyone, and we didn't cut spending to make up for it. or the lowered corporate rate so main street could compete with wall street and foreign countries. No more goal post moving. This economy sucks for the poor, working and middle classes. If what you say is true, who did that? Reagan, yes? We can all agree, based on your above statement, that trickle down economic began the process of wiping out the middle class. Link to comment Share on other sites More sharing options...
BillStime Posted December 29, 2023 Share Posted December 29, 2023 4 minutes ago, Tommy Callahan said: The ones everyone fel We will feel it for the rest of our lives you idiot. Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 either way, 4.9% growth!! wow!! way to go, USA!!! 1 1 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted December 29, 2023 Share Posted December 29, 2023 5 minutes ago, Thurmal34 said: How about the tax cuts that blew a $1,000,000,000,000 hole in our budget? People need to wake up and start electing representatives that will cut Federal spending and balance the budget. But the problem is once you start getting a lot of "free" stuff its hard to say no. When half the voters pay no Federal income tax what do they care about the tax rate or tax cuts or deficit spending? Keep the free stuff coming. Neither party has the courage or will to cut spending and borrowing and that's why massive inflation and depreciation in the currency and standard of living are inevitable. All the debate and blame game is just an exercise in futility. The one thing you can do is plan for it and mitigate the negative impacts on you and the people that depend on you to a minimum. 2 Link to comment Share on other sites More sharing options...
BillStime Posted December 29, 2023 Share Posted December 29, 2023 1 minute ago, Thurmal34 said: wiping out the middle class. Thank you, Republicans. Don’t you just love how these pathetic simps keep listening to millionaires for billionaire yet blame Democrats for the deficit. And the simple fact that the “best economy in the world” needed a bailout at the beginning of COVID? Idiots Link to comment Share on other sites More sharing options...
Thurmal34 Posted December 29, 2023 Author Share Posted December 29, 2023 5 minutes ago, Tommy Callahan said: The ones everyone felt. the only problem with those is they were not extended for everyone, and we didn't cut spending to make up for it. or the lowered corporate rate so main street could compete with wall street and foreign countries. No more goal post moving. This economy sucks for the poor, working and middle classes. 2 minutes ago, All_Pro_Bills said: People need to wake up and start electing representatives that will cut Federal spending and balance the budget. But the problem is once you start getting a lot of "free" stuff its hard to say no. When half the voters pay no Federal income tax what do they care about the tax rate or tax cuts or deficit spending? Keep the free stuff coming. Neither party has the courage or will to cut spending and borrowing and that's why massive inflation and depreciation in the currency and standard of living are inevitable. All the debate and blame game is just an exercise in futility. The one thing you can do is plan for it and mitigate the negative impacts on you and the people that depend on you to a minimum. Come on man the Democrats have balanced the budget every time they have been in the White House and the Reps spend to oblivion... 1 Link to comment Share on other sites More sharing options...
All_Pro_Bills Posted December 29, 2023 Share Posted December 29, 2023 1 minute ago, Thurmal34 said: Come on man the Democrats have balanced the budget every time they have been in the White House and the Reps spend to oblivion... Yes, Biden's administration has done a masterful job of balancing the budget. 1 Link to comment Share on other sites More sharing options...
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