Years of Income Needed to Pay off a House

submitted by magnora7 from (i.redd.it)

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[–]IamRedBeard 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (3 children)

HA HA HA AH not if your saving up for the next housing collapse! Thank you Mr. Trump for removing those protections so we can get a repeat of 2008 sooner than later.

[–]magnora7[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (2 children)

It was clear as early as 2011 that they had no intention of changing their behavior or regulations. As soon as they all got bailed out for failing, now the bailouts are part of their budgets. Another 2008-style crash was basically baked in the cake as early as 2010. I'm surprised it hasn't happened already. There's also the student loan pressure and the fact a whole generation has never seen a household wage increase despite large amounts of inflation for everything they buy, and both adults working now instead of just 1.

[–]IamRedBeard 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

The Dodd-Frank act has been helping in that area, but they are already trying to chip away at it. I know they were going after it in 2018, I dont know if they have hit it any more this year. To be honest, the Brand New Scandal every single week out of the White House could distract the most focused saint, I believe. I haven't had the heart to see what else they have done.

If there was something that Obama protected, Trump has been sure to try to tear it down.

Everybody is throwing a party saying that this is the best economy ever and yet those same people are deliberately not looking at the deficit, that by now plummets right through hell, to places here to fore previously unexplored.

I dont know who is going to clean this mess up, but I bet it will be a Democrat and they will be blamed for the fallout of Trumps mess.

These companies are getting these tax break and firing their employees and buying their own stock and artificially pumping up their numbers like this eventually isn't going to come crashing down again.

How could it all not be deliberate? Of course it is. Even being prepared for it I'm scared as hell.

[–]Jesus 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

That's the point of the scandals. They are distractions meant to create divisions. If there was something that Obama protected, Trump has been sure to try to tear it down.

Everybody is throwing a party saying that this is the best economy ever and yet those same people are deliberately not looking at the deficit, that by now plummets right through hell, to places here to fore previously unexplored.

Wall street is doing fine, the stock maret is in a bubble but surely it will come crashing down, and Trump taking credit for it, only serves to discredit patriotism, conservatism even true liberalism which nobody in congress, nor any president serves anymore. The right is filled with alt-right National Bolsheviks, Chabad-Lubavitchers, and neoconservatives (neotrotskyites), the left is just crony neoliberalism.