Political So now what

[N-Smooth]

Tacoma posted this article on FB and I’ve been stewing over it for a few hours.

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.

amp.washingtontimes.com

Long story short if you have a decent credit score (680+) and save up a down payment you end up with fees on your purchase or refinance of a home to subsidize rates for people with lower credit scores and no down payment. I’m pissed. It’s literally punishing people for being financially responsible. I think the cherry on top is that they’re not even necessarily helping low income people, just people with bad spending habits… since being low income doesn’t always mean low credit score. Ugh.

 

[DAA]

Income redistribution Comrade. And surely, some good Comrades must be paid to administer and enforce this great benefit.

- DAA

 

[Stephen]

Tacoma posted this article on FB and I’ve been stewing over it for a few hours.

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.

amp.washingtontimes.com

Long story short if you have a decent credit score (680+) and save up a down payment you end up with fees on your purchase or refinance of a home to subsidize rates for people with lower credit scores and no down payment. I’m pissed. It’s literally punishing people for being financially responsible. I think the cherry on top is that they’re not even necessarily helping low income people, just people with bad spending habits… since being low income doesn’t always mean low credit score. Ugh.

Just wait until they start applying additional fees because you don't have a politically fashionable skin color or gender "identity" all in the name of Marxis...err equity!

 

[jeeper]

I don’t see this helping my career much. 😳

 

[N-Smooth]

I don’t see this helping my career much. 😳

Hopefully with supply and demand issues for homes it won’t matter but I guess we’ll see. 🫣

 

[glockman]

Tacoma posted this article on FB and I’ve been stewing over it for a few hours.

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.

amp.washingtontimes.com

Long story short if you have a decent credit score (680+) and save up a down payment you end up with fees on your purchase or refinance of a home to subsidize rates for people with lower credit scores and no down payment. I’m pissed. It’s literally punishing people for being financially responsible. I think the cherry on top is that they’re not even necessarily helping low income people, just people with bad spending habits… since being low income doesn’t always mean low credit score. Ugh.

This is why I avoid all taxes that I can.

 

[Cody]

This tracks. Doesn't impact the rich because they just buy with cash.

I also think this is stupid. I'd be surprised if it lasted.

Also, did fox news report on the money they owe for the defamation suit they had to settle for almost 800 million? I'm curious what their spin on that is. Do you think the casual fox news follower knows or even cares that fox just admitted to knowingly reporting made up information to raise ratings?

 

[glockman]

This tracks. Doesn't impact the rich because they just buy with cash.

I also think this is stupid. I'd be surprised if it lasted.

Also, did fox news report on the money they owe for the defamation suit they had to settle for almost 800 million? I'm curious what their spin on that is. Do you think the casual fox news follower knows or even cares that fox just admitted to knowingly reporting made up information to raise ratings?

I know for sure they don't. My brother pointed me to a lawsuit Fox lost when they fired an anchor at least 13 years ago. They testified in court that they don't have to report facts they are an entertainment network. I stopped watching all new networks about that time.

 

[Stephen]

I know for sure they don't. My brother pointed me to a lawsuit Fox lost when they fired an anchor at least 13 years ago. They testified in court that they don't have to report facts they are an entertainment network. I stopped watching all new networks about that time.

If you haven't seen "Network", go and watch it tonight. It is one of the most prophetic movies of all time.

 

[jeeper]

A buddy sent me this. Made me laugh. Seems like once upon a time it was ok to make fun of transgenders in women’s sports.

 

[jeeper]

 

[glockman]

Like almost everything else, we moved so fast to correct century long ills that we totally overshot the goal. People being killed at work was bad, now my employer will reprimand you for falling down in the parking lot on a snow day because you weren't being safe🤦‍♂️. People with different sexuality should be treated fairly, now we entertain delusion and mental illness. We have overshot that goal posts and ended up in the grand stands.

 

[spaggyroe]

Did you all see the images of Biden holding "cue cards" prepared in conjunction with the media, so that he knew which questions were coming his way?

Of course the white house denied any "collusion" with the media.

 

[N-Smooth]

I’m just shocked he can even read.

 

[spaggyroe]

Also, the DNC plans to not hold ANY primary debates in the upcoming election cycle.
Tell me this system isn't rigged...

 

[Spork]

The guy just has a way with words...

https://twitter.com/i/web/status/1652059878452789248

 

[anderson750]

I had an interesting conversation with a friend who just retired from the Navy. He was stationed at the Navel Base in Ridgecrest,CA. He still does much of the same work as a civilian and receives intel briefings. He obviously could not go into any specifics. He strongly believes we will be boots on the ground involved in a conflict by the 24 election. He did say that our power grid and reservoirs is going to be a target of anything done domestically. He specifically brought up the amount of Chinese nationals that have been crossing the northern and southern borders.

 

[jeeper]

I had an interesting conversation with a friend who just retired from the Navy. He was stationed at the Navel Base in Ridgecrest,CA. He still does much of the same work as a civilian and receives intel briefings. He obviously could not go into any specifics. He strongly believes we will be boots on the ground involved in a conflict by the 24 election. He did say that our power grid and reservoirs is going to be a target of anything done domestically. He specifically brought up the amount of Chinese nationals that have been crossing the northern and southern borders.

#drainlakepowell?

 

[anderson750]

#drainlakepowell?

That would be an environmentalists dream. Much of what he alluded to would point in the direction of contamination. If I were talking to anybody else I probably would have put my on, but this was coming from career military guy that spent his time in the world of the workings of global conflict and being prepared for it.

 

[Stephen]

Also, the DNC plans to not hold ANY primary debates in the upcoming election cycle.
Tell me this system isn't rigged...

Each party is a private entity that can run its primaries how they want. Its not like a general election. And the DNC is in this game to win, they've done the math. They see that Trump is the current front runner for the GOP nomination and they know another Trump vs. Biden matchup means Biden wins again, no matter how unpopular he is. This is why they wont hold debates and why they will do everything they can to promote Trump and tie Trump to any GOP candidate, just like they did in the 2020 general and the 2018 and 2022 senate and house races. Trump is a loser, probably the biggest political loser of the 21st century. The DNC knows this and knows that even with their abysmal polling numbers and unpopular platform, if they put it up against Trump or Trump affiliated candidates, they'll still win.

The system isn't rigged, it's just like any other game. Those who use the rules to their advantage win. The DNC is doing that very well at the national level right now.