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Location:Russia
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Registered on:11/18/2010
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re: The senate and house will stay red

Posted by aubie101 on 9/24/26 at 9:32 am to
No, and this board will be just like women's sewing circle. People will say it was stolen... MAGA will protect Trump and put no blame on him.

re: 7% Mortgage Rates 30-Year

Posted by aubie101 on 9/23/26 at 2:18 pm to
quote:

If they bought an overpriced asset, this cannot be true. We don't apply this logic to anything other than homes, basically and that's why we're in this mess.



We don’t backstop GameStop because nobody sleeps in it and cities don’t budget off it. A house is shelter, a leveraged balance sheet, and the tax base. Call it overpriced,fine... Dumping it overnight still wreckspayers, banks, and towns at once... Other assets can clear. This one is load-bearing.

re: 7% Mortgage Rates 30-Year

Posted by aubie101 on 9/23/26 at 1:44 pm to
quote:

That will require people to stop paying their mortgages. As long as people pay their mortgages. It won't be anything like 2008. The reason why prices and the bubble popped in 2008 was because of that input variable. The reason my prices have increased now is a completely different input variable.

As long as people pay their mortgage, those mortgages still have value throughout the financial system and there isn't the direct issue of the foreclosures in the societal impacts. People will just lose arbitrage opportunities in terms of selling their house to upgrade and some people will be stuck and not able to sell if they're trying to move

Will there be negative economic consequences? Yes obviously but that's an inevitability. All we've done is kick the can since 2009 and haven't faced that and we keep making the corresponding bubble to pop bigger.


Paying the note doesn’t make the crash fake. The house is the collateral, the 401(k), the city budget. Slash values 20% and you don’t get a “mobility inconvenience.” You get poorer banks, broke towns, and owners who did everything right gutted on paper. That’s why prices have to be defended.

re: 7% Mortgage Rates 30-Year

Posted by aubie101 on 9/23/26 at 1:12 pm to
quote:

People bought inflated assets



Maybe, but the premise still stands. Unless you want a total collapse of the market like 2008 we need to keep prices up. Wages need to move up and more creative loan programs to make affordability easier to access,

re: 7% Mortgage Rates 30-Year

Posted by aubie101 on 9/23/26 at 9:09 am to
quote:

The problem is the median home prices. They need to fall at least 15-25%



You trying get us back to 2008? 20-25% of all homeowners would be severely underwater in their homes.
quote:

this will really move the needle on midterms. average american is gonna be pumped!



I was gonna stay home but we got Greenland! Dang, let me go pay 5.60 a gallon and get my butt down there to vote for him.








I will not be voting this mid-term. The GOP has failed and did not earn my vote.
quote:

quote:
“I have a big decision to make,” Trump told the international body, including Iranian representatives. ”Will a deal be made with Iran that lets them rebuild and create a far greater country than it ever war before. Maybe the greatest in the Middle East or even the world.”

“Or do I annihilate the Islamic Republic, and do it quickly, never giving them a chance to kill and destroy people and countries again. Do I drive them into hell with no chance of survival and no hope of future greatness or generations?” he continued. 


Truly great words. I look forward to reading them etched in marble on the DC triumphant arch.


WTH, this is crap I would say on the playground.
That you need to officially back away from Donald Trump. That he is such a toxic mess to the political landscape of our country that we just need to ride out the two years and actually get some electable people.
quote:

small price to pay to keep Israel safe. Most Americans would vote for dead soldiers over Iran having a nuke.


It is the small sect of nut job evangelicals that keep us securely in Israel pocket.

Hell yes. No war unless we are attacked and homeland invaded. No more MIC wars.
People on the board LOVED the Biden one's. Some on here even bragged about ordering 100's. MAGA if you dish it out you have to take it. Trump has screwed the world in regards to gas prices.

re: Trump Posting on X Again

Posted by aubie101 on 9/18/26 at 9:47 pm to
quote:

That’s some good copium
I have to believe that at this point a lot of these people are paid. They can’t look at what is happening and be that delusional.
Joe is about to get cancelled by MAGA.... You do not put down orange man....
quote:

Tackling the most important things



Exactly, this does nothing for the American people.
I swear Trump is taking unpopular positions on purpose at this point.
Yes, it was real 9 years ago. I still believe that’s what they want.
Poli-board reaction just 1 month ago.

"Sorry you are poor!
I am thriving, sucks to be you!

Did you see that James Woods posted something totally served the libs."
quote:

Sorry the Trump Kook-Aid is no longer working.


You read this thread? It is alive and well.