Anyone Afraid Of Inflation?

[oldngray]

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

Homebuyers with good credit scores will soon encounter a costly surprise: a new federal rule forcing them to pay higher mortgage rates and fees to subsidize people with riskier credit ratings who are also in the market to buy houses.

m.washingtontimes.com

Wtf

So what’s the point of paying your bills on time having good credit and saving money to put down in a house if they’re going to penalize you might as well spend it all on hookers and blow.

It worked for Hunter

 

[Thebrownblob]

It worked for Hunter

Yeah, but the rest of us don’t have a daddy who’s vice president or president to get them out of trouble

 

[Lineandinitial]

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

Homebuyers with good credit scores will soon encounter a costly surprise: a new federal rule forcing them to pay higher mortgage rates and fees to subsidize people with riskier credit ratings who are also in the market to buy houses.

m.washingtontimes.com

Wtf

So what’s the point of paying your bills on time having good credit and saving money to put down down on a house if they’re going to penalize you might as well spend it all on hookers and blow.

We’ve got to pay for our “White Privilege”.

 

[IVE GOTTA PACKAGE 4U]

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

Homebuyers with good credit scores will soon encounter a costly surprise: a new federal rule forcing them to pay higher mortgage rates and fees to subsidize people with riskier credit ratings who are also in the market to buy houses.

m.washingtontimes.com

Wtf

So what’s the point of paying your bills on time having good credit and saving money to put down down on a house if they’re going to penalize you might as well spend it all on hookers and blow.

How about teaching people how to be responsible

 

[Thebrownblob]

How about teaching people how to be responsible

Well, looks like that went out the window because now they’re teaching people it doesn’t pay to be responsible. Thanks, Joe Biden.

 

[IVE GOTTA PACKAGE 4U]

Well, looks like that went out the window because now they’re teaching people it doesn’t pay to be responsible. Thanks, Joe Biden.

Welfare nation....

 

[Over70irregs]

Whatever it takes to get elected… Different guy same story. Sick mentality

 

[Brownslave688]

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

Homebuyers with good credit scores will soon encounter a costly surprise: a new federal rule forcing them to pay higher mortgage rates and fees to subsidize people with riskier credit ratings who are also in the market to buy houses.

m.washingtontimes.com

Wtf

So what’s the point of paying your bills on time having good credit and saving money to put down down on a house if they’re going to penalize you might as well spend it all on hookers and blow.

Not like anyone has 20% to put down on a home now anyway. It’s not 1970 anymore.

 

[Over70irregs]

How many presidents since 1970

 

[Over70irregs]

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

Homebuyers with good credit scores will soon encounter a costly surprise: a new federal rule forcing them to pay higher mortgage rates and fees to subsidize people with riskier credit ratings who are also in the market to buy houses.

m.washingtontimes.com

Wtf

So what’s the point of paying your bills on time having good credit and saving money to put down down on a house if they’re going to penalize you might as well spend it all on hookers and blow.

Just FHA loans?

 

[Wally]

So did Ford and Reagan. Things got worse for those two Presidents also. The current Fed is drawing parallels with the 80's inflation and stagflation as they raise rates while maintaining near full employment. The capitalism pendulum can and does swing hard in each direction. Worldwide inflation will be with us for multiple years. We can't just suck the excess money out of the economy overnight

Regan did so poorly fixing Carter's mess he barely won reelection in 84.

 

[Up In Smoke]

Regan did so poorly fixing Carter's mess he barely won reelection in 84.

You're seeing the parallels now too??

 

[Wally]

You're seeing the parallels now too??

Not sure what I'm seeing. The media back in those days, although very liberal, blasted Carter on the problems of the day. Today, they see their job as protectors of the socialist-marxist cause.

 

[Over70irregs]

History……
Depending on who is doing the research, it is said that the US has raised its debt ceiling (in some form or other) at least 90 times in the 20th century. The debt ceiling was raised 74 times from March 1962 to May 2011, including 18 times under Ronald Reagan, eight times under Bill Clinton, seven times under George W.

 

[Over70irregs]

Future

 

[IVE GOTTA PACKAGE 4U]

Future
View attachment 426391

They better figure out because the last time it didn't raise it it damaged the country's credit rating

 

[UnionStrong]

Regan did so poorly fixing Carter's mess he barely won reelection in 84.

Market crashed in 88

 

[Wally]

Market crashed in 88

As they always do, rise and fall, rinse and repeat. Difference now is no blame if a dem is in office.

 

[Over70irregs]

They better figure out because the last time it didn't raise it it damaged the country's credit rating

I wish they would quit with the debt ceiling description. Its totally false…. There is no top.

 

[IVE GOTTA PACKAGE 4U]

I wish they would quit with the debt ceiling description. Its totally false…. There is no top.

But it's enough to make the market crash