| Favorite team: | Alabama  |
| Location: | |
| Biography: | |
| Interests: | |
| Occupation: | |
| Number of Posts: | 19804 |
| Registered on: | 10/17/2011 |
| Online Status: | Not Online |
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re: Bessent: H-1B’s will train American workers then go back to their country
Posted by tide06 on 11/12/25 at 11:47 am to hawgfaninc
Good grief they’re doubling down and think we’re stupid.
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Either this is an economic zone that is a place where people from across the world can come to get benefits (H1B jobs, welfare, college) at the detriment of our job market, healthcare systems, housing market, and general infrastructure or this is a nation with traditions, cultural norms, and institutions worth preserving and putting support behind.
I have exactly zero idea what MAGA is or ever meant if to the person who started the movement believes we need to continue to flood the domestic job market with foreign workers.
re: Trump: H1B necessary because Americans lack talent
Posted by tide06 on 11/12/25 at 8:45 am to Sassafrasology
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X is super pissed. It’s not a Trump friendly place right now.
Why should it be?
That’s not fake news. That’s a straight up F You to his entire base.
He really messed up badly and doesn’t seem to have any idea how that type of message is going to be received when the economy is still garbage, the white collar job market is garbage and the GOP Congress has done exactly zero again with full control of the government.
re: Trump: H1B necessary because Americans lack talent
Posted by tide06 on 11/12/25 at 8:40 am to Hou_Lawyer
That quote is a f****** disaster.
The tech bros have his ear and he’s not running for reelection so he’s just doing whatever deals he wants regardless of what his base thinks.
Lost a ton of good will right there.
The tech bros have his ear and he’s not running for reelection so he’s just doing whatever deals he wants regardless of what his base thinks.
Lost a ton of good will right there.
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The evils we are importing into this nation is going to lead to our destruction.
Already has.
It infected our academics and now it’s destroying the culture and voting patterns.
re: “I had a new student in my Algebra II class.”
Posted by tide06 on 11/12/25 at 5:15 am to RustyDaDog
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Well home school kids are a bit “different”
This is largely a myth.
Most of the homeschooled kids I’ve met are better people, are socialized in a healthier way and are far more likely to have avoided criminal or drug issues in my experience.
And no one in my family are home schooled so it’s not as though I’m biased.
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It's unrealized
Yes. Just like owning stock you’ve yet to sell. Only in this case the house is leveraged and the consequences to devaluing it are multiplied.
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Once they sell, they have to reinvest that to live somewhere
Nope.
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It's not real net worth if it's just tied up in one property, considering they have to live somewhere
Wrong.
They could sell and rent and have the money in their pocket while just paying rent out of pocket or purchasing a lesser property and realizing the net difference in capital gains.
Either way it’s still an investment asset, it’s just typically leveraged and can be used before it’s paid off.
re: POLITICO: WH officials upset with Pulte who talked Trump into suggesting 50-year mortgage
Posted by tide06 on 11/11/25 at 3:37 pm to SlowFlowPro
You’re proposing taking away 20-30% of the value of the average Americans net worth and the only upside you can provide is a vague movement back towards a “free market” and a meme.
I’m done engaging with you.
I’m done engaging with you.
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Idk man...their dline is so quick we may have to hit the short passes.
They're sitting on that because they don't respect our run game.
I thought we blocked the edges pretty well against LSU allowing us some outstanding downfield shots, we just didn't convert them.
Im fine taking a couple sacks. I straight up don't believe we can just setup 9 play drives against that defense and end up in the end zone consistently. We win that game with 2-3 huge plays downfield and if that requires eating a couple sacks so be it.
re: Anyone purchased a condo in Tuscaloosa?
Posted by tide06 on 11/11/25 at 3:10 pm to imjustafatkid
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Good thought. I'll have to look into potentially making this my student's "primary residence" and see if we can use homestead exemption that way. If not, the property taxes aren't going to be high enough to make this untenable.
This might also be a pathway to a future wealth transfer if you want to begin setting up a trust or something along those lines and avoiding inheritance taxes down the road, but Id talk to an advisor if you're in a position where you want to explore it.
re: POLITICO: WH officials upset with Pulte who talked Trump into suggesting 50-year mortgage
Posted by tide06 on 11/11/25 at 3:08 pm to SlowFlowPro
The US housing market is valued somewhere around $2.9T.
A 30-40% decline to pre-covid pricing would be a collective loss of $1T+.
That's not fake government debt money, that's real value coming out of peoples portfolios and it would destroy multiple related markets and likely trigger a serious 5+ year recession.
Id rather allow 50 year mortgages than see multiple generations of Americans set back 20-30% in their net worth so you can enact your agenda.
A 30-40% decline to pre-covid pricing would be a collective loss of $1T+.
That's not fake government debt money, that's real value coming out of peoples portfolios and it would destroy multiple related markets and likely trigger a serious 5+ year recession.
Id rather allow 50 year mortgages than see multiple generations of Americans set back 20-30% in their net worth so you can enact your agenda.
re: Trump promoting a 50 year mortgage. Dave Ramsey will lose his mind. Terrible idea - imo
Posted by tide06 on 11/11/25 at 3:01 pm to thunderbird1100
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This is panic talk and this definitely wont happen at all
How do you justify current prices given other inflation adjusted variables such as wages, consumer debt, COL and pretty much whatever else you want to look at?
The only thing propping it up are the REITs buying and holding properties.
People cant afford to purchase and cant afford to sell if they had pre-covid mortgage notes due to a doubling of their rates if they do.
re: I just got a chance to read the actual BK lawsuit against LSU.,..
Posted by tide06 on 11/11/25 at 2:58 pm to Henry Jones Jr
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I don’t think the school itself had anything to do with the affair story getting out.
Unless you want to acknowledge that a few boosters run the AD there and that the administrators are basically just middle managers I don't agree.
re: I just got a chance to read the actual BK lawsuit against LSU.,..
Posted by tide06 on 11/11/25 at 2:05 pm to Henry Jones Jr
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To Auburn’s credit, they actually did an investigation and decided to not fire Harsin even though they really wanted to.
I don't give Auburn any credit for that. In fact they deserve to be judged for it for decades.
Its not even clear the guy was having an affair and instead of just firing him and moving on they pushed the story to every friendly news outlet in the state when he didn't resign to try to force his hand.
When Bama fired Price for chasing strippers in Destin they didn't run it through the news first, they just fired him.
Same went for Dubose who had his own issues with philandering.
It was one of the slimiest things I've ever seen in college football and it was done from the highest levels of the school.
re: Anyone purchased a condo in Tuscaloosa?
Posted by tide06 on 11/11/25 at 2:01 pm to imjustafatkid
I was sitting at a game this year at halftime and saw a condo development off in the distance and asked my buddy who does real estate how much something like that would go for.
When he told me $1.3M that was the end of my curiosity.
Id just be aware that if you're renting it out to non family members the odds its going to be beaten up are extremely high and that you'll need someone on call as a maintenance/handyman in case of leaks, etc if its not managed by the property.
Also look at the tax considerations as you wouldn't have homestead, not sure how they handle it in AL. With some of these higher value properties taxes can become a major variable as far as cash flow.
When he told me $1.3M that was the end of my curiosity.
Id just be aware that if you're renting it out to non family members the odds its going to be beaten up are extremely high and that you'll need someone on call as a maintenance/handyman in case of leaks, etc if its not managed by the property.
Also look at the tax considerations as you wouldn't have homestead, not sure how they handle it in AL. With some of these higher value properties taxes can become a major variable as far as cash flow.
I don't understand what LSU was even trying to do here?
Was it the Auburn threaten the guy to expose his affair and poison future openings?
Thats foolish in that it reduces the odds he gets another job which would reduce their overall exposure and payout.
Its also a cycle where they were trying to hire a known mass philanderer from Ole Miss so by taking this approach why would he ever assume they wouldn't do the same thing to him in the future?
Just a horribly managed, ill-conceived process all around from them.
Was it the Auburn threaten the guy to expose his affair and poison future openings?
Thats foolish in that it reduces the odds he gets another job which would reduce their overall exposure and payout.
Its also a cycle where they were trying to hire a known mass philanderer from Ole Miss so by taking this approach why would he ever assume they wouldn't do the same thing to him in the future?
Just a horribly managed, ill-conceived process all around from them.
re: Student expelled after confronting teen over deepfake porn image; family plans lawsuit
Posted by tide06 on 11/11/25 at 1:53 pm to Hester Carries
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The boy should be charged with CP
I mean how is it not CP?
She cant even drive yet, the boy should be facing felony charges.
Its also why we need better laws regarding AI deep fakes to prevent things like this from happening.
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I suppose if there is enough pushback it could be a blessing in disguise. It worries me that he's floating some of these ideas. Is he testing the water to see the reaction or is this something he wants to move forward on and he's letting us in on it? I don't know the answer to those questions.
I think hes hearing that young people want to own homes.
Without building wages and improving job creation both of which take time how else can you do that?
The easiest way is how Europe has done it which is to make the notes longer and just accept that its a rent to own scheme where almost no one ever pays it off during their lifetime.
I support doing it through pushing out illegals to drive up wages, eliminating H1B visas to increase jobs and domestic white collar wages and various other means such as pushing out REITs who are artificially increasing purchase costs for buyers via changes to tax law and purchasing criteria changes.
re: It's clear Charlie Kirk was the bulwark against the GOP going full out of touch neocon
Posted by tide06 on 11/11/25 at 1:47 pm to Hateradedrink
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this should be posterized as an example of why you should be summarily ignored
He apparently thinks the only way to build wealth in owning a home is through appreciation.
The concept that paying thousands of dollars a month can result in you having a larger portion of the principal paid off is completely foreign and so the idea that paying it off 40% slower would thus mean you pay more and own less equity doesn't register.
$500k House / 6.5% / 20% Down / Note Only
50 Year Note - Total Interest Paid: ~$1M
50 Year Note - Equity at 8 years: $12k
30 Year Note - Total Interest Paid: $510k
30 Year Note - Equity at 8 Years: $34k
With a 50 year mortgage you'd lose $500k over the life of the loan on interest and even on a 8 year hold you're already back $20k in equity.
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I have no problem with people talking about stuff privately. The problem is when bad ideas go public.
I actually agree with it being discussed publicly.
I dont support 50 year mortgages, or subprime loans from the FDA but Im not opposed to people discussing it.
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