President Joe Biden - Kamala Harris Administration

[Orangeburst]

No it doesn't. Sorry, but it doesn't mean anything. Puddinhead is protected by his overlord who is really pulling all the strings. Nothing will happen to him.

Puddinhead?


That's Gold Jerry!

 

[SpaceCoastVol]

So stand back and let this imbeciles destroy the country for two additional years without any accountability? If anything the stress may send him out to pasture unless they won't him gone anyway for K'ma'la.

Neither you nor I can do a damned thing about it. "Standing back" is all we can do. The good thing about that is that you can get a better view of what is going on. Look at the Barr investigations... has anything come of that besides wasting a bunch of money? Nope. And nothing will happen to these clowns, especially the Bozo in Chief. We have to hold on until November and hopefully people will send all of them out to pasture.

 

[BreatheUT]

Neither you nor I can do a damned thing about it. "Standing back" is all we can do. The good thing about that is that you can get a better view of what is going on. Look at the Barr investigations... has anything come of that besides wasting a bunch of money? Nope. And nothing will happen to these clowns, especially the Bozo in Chief. We have to hold on until November and hopefully people will send all of them out to pasture.

So you're saying when the Republicans take the House in November, and possibly the Senate don't do anything about Jo Smo and Mayorkas abandoning our sovereignty as a nation?

 

[Franklin Pierce]

ICE Wasted Roughly $17 Million On Hotel Rooms For Illegal Immigrants, Report Finds

The U.S. Immigration and Customs Enforcement (ICE) awarded a massive sum to a nonprofit for migrant detention at six hotels, but $17 million “went largely unused,” while the agency oddly accepted an unsolicited contract proposal while not considering others, according to the Department of Homeland Security.

ICE Wasted Roughly $17 Million On Hotel Rooms For Illegal Immigrants, Report Finds | The Daily Wire

 

[SpaceCoastVol]

So you're saying when the Republicans take the House in November, and possibly the Senate don't do anything about Jo Smo and Mayorkas abandoning our sovereignty as a nation?

Not what I was saying. I was talking about you and me as members of the unwashed. We have to hope and pray that by replacing these Godless communists currently running things that we will see improvement and a return to America first in our government. Unfortunately I don't know how much even controlling 2 houses will do given that Puddinhead has a veto pen.

But with regard to all the other noise, Hunter Biden will go on unscathed. NOTHING.. will happen to him. He is above the law.

 

[AM64]

Pentagon rolls out 'equity' plan

Hopefully these clowns are out of office and the diversity pushers out of the military before the damage is irreparable; but with a couple of years to go, it's not looking good.

 

[AM64]

Wonderful, 1979 redux.

Wait until people try buying homes with highly inflated price tags and faced with interest rates we were facing at the end of 1979. Fun times. Some builders who thought they would get in on the boom times are going to see bust times. At least some stuff like plywood for floor underlayment may get reasonable enough to get some real work going at the other house.

 

[AM64]

No it doesn't. Sorry, but it doesn't mean anything. Puddinhead is protected by his overlord who is really pulling all the strings. Nothing will happen to him.

One of them anyway, but Barry is still just a community organizer and nation divider. I noticed the Susan Rice agenda here a couple of days ago. I always thought she was highly intelligent but a total ass. I'm really doubting the intelligent part and just going with over aggressive psychopath.

 

[AM64]

Neither you nor I can do a damned thing about it. "Standing back" is all we can do. The good thing about that is that you can get a better view of what is going on. Look at the Barr investigations... has anything come of that besides wasting a bunch of money? Nope. And nothing will happen to these clowns, especially the Bozo in Chief. We have to hold on until November and hopefully people will send all of them out to pasture.

DC can't stand for one of their own to fall ... too many questions and too many doubts would come of it. People might actually start asking questions, and this is the emperor has no clothes times; questions and answers would push too close to revolution. Barr may have answers, but we aren't going to see them if he wants to go on breathing. Personally, I think DC is safe. Boomers are too old to revolt, and the newer generations don't have the balls.

 

[JOEY’S ALL VOL !!!]

Wait until people try buying homes with highly inflated price tags and faced with interest rates we were facing at the end of 1979. Fun times. Some builders who thought they would get in on the boom times are going to see bust times. At least some stuff like plywood for floor underlayment may get reasonable enough to get some real work going at the other house.

A lot of people around here must not remember 16.5% mortgage rates under Carter. A dose of that shat to today’s spoiled bunch would be a big slap into the reality and consequences of bad decisions and completely incompetent piss poor government.

 

[AM64]

A lot of people around here must not remember 16.5% mortgage rates under Carter. A dose of that shat to today’s spoiled bunch would be a big slap into the reality and consequences of bad decisions and completely incompetent piss poor government.

We almost didn't qualify for a loan on the house we had built by the time it was finished in late 1979 - actually closing may have been in Jan '80. We were around 11% by that time.

 

[JOEY’S ALL VOL !!!]

We almost didn't qualify for a loan on the house we had built by the time it was finished in late 1979 - actually closing may have been in Jan '80. We were around 11% by that time.

I remember the Carter days interest rates and gas rationing and lines like it was yesterday, sitting in 2 hour long lines to purchase 3 dollars worth of gas because that’s all they would sell you. We are headed there again in some capacity if the powers that be keep on the ******** path we are currently going down.

 

[NorthDallas40]

Wait until people try buying homes with highly inflated price tags and faced with interest rates we were facing at the end of 1979. Fun times. Some builders who thought they would get in on the boom times are going to see bust times. At least some stuff like plywood for floor underlayment may get reasonable enough to get some real work going at the other house.

Once those high interest rates stick the first thing to go will be the inflated prices because everyone’s buying power will be eroded. Then you will have a bunch of people upside down on equity and a bunch will walk away. Which erodes prices even more. Rinse repeat.

 

[BreatheUT]

Once those high interest rates stick the first thing to go will be the inflated prices because everyone’s buying power will be eroded. Then you will have a bunch of people upside down on equity and a bunch will walk away. Which erodes prices even more. Rinse repeat.

I am sad that I did not take advantage of the low rates. Timing is everything. I have friends that purchased their 1st homes during this time in the "right" new neighborhoods who will probably have better positioning than me in several years. 2020 to early 2021 seems to have been that sweet spot.

 

[AM64]

Once those high interest rates stick the first thing to go will be the inflated prices because everyone’s buying power will be eroded. Then you will have a bunch of people upside down on equity and a bunch will walk away. Which erodes prices even more. Rinse repeat.

There's been a PITA development brewing across the street from our neighborhood. Land cleared, hill hauled away, street dug up (and poorly patched) for utilities, cars and equipment blocking the way, and no sign of anything being built. It looks like the lots have been prepared - probably at best ten of them because there wasn't room for more. I wouldn't be at all surprised to see nothing happen, and the land returning to something wooded like it was in the first place. There have been some hills cut back further down the road and reasonably nice looking two story duplexes planted there - all made possible because Hamilton Co expanded the sewer system - we were fortunately one house away from being included. I'm waiting until really heavy rains start washing the hill behind those houses for the fun to start.

 

[VolStrom]

Once those high interest rates stick the first thing to go will be the inflated prices because everyone’s buying power will be eroded. Then you will have a bunch of people upside down on equity and a bunch will walk away. Which erodes prices even more. Rinse repeat.

Yep. It seems to me like housing has reverted to 2008 again and there is a huge bubble in prices and a huge bunch of dumbasses that borrowed more than they could afford. In steps the FED to bail out the banks and in steps the money men that buy up the houses for pennies on the dollar to rent them out for big profits. It's a big F'n circle, and the only ones that profit are the wealthy.

 

[AM64]

Yep. It seems to me like housing has reverted to 2008 again and there is a huge bubble in prices and a huge bunch of dumbasses that borrowed more than they could afford. In steps the FED to bail out the banks and in steps the money men that buy up the houses for pennies on the dollar to rent them out for big profits. It's a big F'n circle, and the only ones that profit are the wealthy.

I still say the stock market is currently a pump and dump scheme. The average investor or anyone looking to put retirement funds somewhere earning money pump, and the ultra wealthy dump on a periodic basis.

 

[BreatheUT]

Yep. It seems to me like housing has reverted to 2008 again and there is a huge bubble in prices and a huge bunch of dumbasses that borrowed more than they could afford. In steps the FED to bail out the banks and in steps the money men that buy up the houses for pennies on the dollar to rent them out for big profits. It's a big F'n circle, and the only ones that profit are the wealthy.

There's only one argument against that. Supply was high in 08. That is not the case now. So it'll be interesting how this shakes out because investment companies are holding property.

 

[VolStrom]

I still say the stock market is currently a pump and dump scheme. The average investor or anyone looking to put retirement funds somewhere earning money pump, and the ultra wealthy dump on a periodic basis.

I pulled my money from the stock market a couple of months ago, and I fully expect a really bad crash. The liberal ruling class might try to prolong the agony until after November, but they're going to have a hard time putting it off that long.

 

[NorthDallas40]

I am sad that I did not take advantage of the low rates. Timing is everything. I have friends that purchased their 1st homes during this time in the "right" new neighborhoods who will probably have better positioning than me in several years. 2020 to early 2021 seems to have been that sweet spot.

We built our retirement house in 2014 and have a 3.75 rate I believe? I almost refi’ed a couple of times however it will be paid off in a couple of months so I’m good

 

[NorthDallas40]

There's been a PITA development brewing across the street from our neighborhood. Land cleared, hill hauled away, street dug up (and poorly patched) for utilities, cars and equipment blocking the way, and no sign of anything being built. It looks like the lots have been prepared - probably at best ten of them because there wasn't room for more. I wouldn't be at all surprised to see nothing happen, and the land returning to something wooded like it was in the first place. There have been some hills cut back further down the road and reasonably nice looking two story duplexes planted there - all made possible because Hamilton Co expanded the sewer system - we were fortunately one house away from being included. I'm waiting until really heavy rains start washing the hill behind those houses for the fun to start.

New construction will take it in the shorts in the near term until the bottom falls out of material prices again. But then we’ll be in recession so…

 

[NorthDallas40]

I pulled my money from the stock market a couple of months ago, and I fully expect a really bad crash. The liberal ruling class might try to prolong the agony until after November, but they're going to have a hard time putting it off that long.

I’ll be taking my lump sum on my pension at the end of June. The investment company will be under strict orders to only use risk adverse investments for the next 12 months. They will bitch and I will tell them I don’t care, put it in muni bonds for now.

“But with inflation you won’t see any ROI!!”

“I don’t care about ROI right now I care about return of capital. And will for about the next year.”

 

[NorthDallas40]

Yep. It seems to me like housing has reverted to 2008 again and there is a huge bubble in prices and a huge bunch of dumbasses that borrowed more than they could afford. In steps the FED to bail out the banks and in steps the money men that buy up the houses for pennies on the dollar to rent them out for big profits. It's a big F'n circle, and the only ones that profit are the wealthy.

Anybody on an ARM right now is completely screwed. Many will just walk away.

 

[VolStrom]

Anybody on an ARM right now is completely screwed. Many will just walk away.

I feel sorry for any young person today with a BA degree. They are getting ready to understand what it's like to have a ****** degree and a lot of debt.

 

[norrislakevol]

I pulled my money from the stock market a couple of months ago, and I fully expect a really bad crash. The liberal ruling class might try to prolong the agony until after November, but they're going to have a hard time putting it off that long.

I think things start to really crumble in the August - November time frame. Should see some bad earnings reports coming out then. How low does it go? I think pretty damn low. The "experts" are thinking a moderate recession, but IDK about that. There are far too many things out there that could come to a head like corporate debt and such. How many big bankruptcies will we see? Will the government be so foolish as to try to bail people out again? If they don't what then? It's gonna be one big $hit sandwich and we are all going to have to take a bite.