Ponderable

From the NY Times:
By ANDREW ROSS SORKINAPRIL 28, 2016

A large swath of the nation has dropped out of the labor force completely, and the reality for the average American family is that its household income is $4,000 less than it was when Bill Clinton left office. Economic inequality, meanwhile, has only grown worse, with the top 1 percent of American households taking in more than half of the recent gains in income growth. “Millions and millions and millions and millions of people look at that pretty picture of America he painted and they cannot find themselves in it to save their lives,” Clinton himself said of Obama’s economy in March, while on the campaign trail for his wife. “People are upset, frankly; they’re anxiety-ridden, they’re disoriented, because they don’t see themselves in that picture.”
 
tenacious said:
Judging from the generally surprised reactions out of everyone once they heard he won... my read is it sure seemed like a lot of the people who voted Trump hadn't really imagined he'd win either.

So I guess I'm not alone-
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The people I know who voted for Trump did so only because the couldn't vote for Hillary..
Held their nose and voted lessor of two evils...
 
Lion Eyes said:
From the NY Times:
By ANDREW ROSS SORKINAPRIL 28, 2016

A large swath of the nation has dropped out of the labor force completely, and the reality for the average American family is that its household income is $4,000 less than it was when Bill Clinton left office. Economic inequality, meanwhile, has only grown worse, with the top 1 percent of American households taking in more than half of the recent gains in income growth. “Millions and millions and millions and millions of people look at that pretty picture of America he painted and they cannot find themselves in it to save their lives,” Clinton himself said of Obama’s economy in March, while on the campaign trail for his wife. “People are upset, frankly; they’re anxiety-ridden, they’re disoriented, because they don’t see themselves in that picture.”
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Well onc can always "spite their nose to fix their face." The coasts are the midwest biggest trade partner. As partisan as the country is- it's still very interconnected economically and at times hard to separate.
 
Bruddah IZ said:
It's not ironic. I don't pay PMI. I put 20% skin in the game to avoid "the onerous tax".
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I see, so despite being the only person in this form to not improve his finaces over the last 8 years, you still find it funny to look down your nose at people who pay PMI.
 
Wez said:
I see, so despite being the only person in this form to not improve his finaces over the last 8 years, you still find it funny to look down your nose at people who pay PMI.
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It's funny because it was actually a $500 annual discount on PMI. Do the Math. $41 more a month for FHA insurance doesn't keep anyone, who has met the debt to income ratio requirement, from buying a house. People are worried about the interest rate first and always.
 
Lion Eyes said:
From the NY Times:
By ANDREW ROSS SORKINAPRIL 28, 2016

A large swath of the nation has dropped out of the labor force completely, and the reality for the average American family is that its household income is $4,000 less than it was when Bill Clinton left office. Economic inequality, meanwhile, has only grown worse, with the top 1 percent of American households taking in more than half of the recent gains in income growth. “Millions and millions and millions and millions of people look at that pretty picture of America he painted and they cannot find themselves in it to save their lives,” Clinton himself said of Obama’s economy in March, while on the campaign trail for his wife. “People are upset, frankly; they’re anxiety-ridden, they’re disoriented, because they don’t see themselves in that picture.”
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Lion, these left wing nuts don't deal in reality and things are starting to settle down, wez hasn't threatened anyone in at least 30 minutes, so please don't upset the apple cart with facts.
 
Bruddah IZ said:
It's funny because it was actually a $500 annual discount on PMI. Do the Math. $41 more a month for FHA insurance doesn't keep anyone, who has met the debt to income ratio requirement, from buying a house. People are worried about the interest rate first and always.
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What ever you need to tell yourself...
 
Wez said:
What ever you need to tell yourself...
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I don't have to tell myself anything. It was Du's post that E-nanke totally told himself other than what Du posted. Big diff between $500 a month and $500 a year isn't it? Even a retail guy gets that!!
 
Bruddah IZ said:
I don't have to tell myself anything. It was Du's post that E-nanke totally told himself other than what Du posted. Big diff between $500 a month and $500 a year isn't it? Even a retail guy gets that!!
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I just think someone who has struggled financially during the last 8 years, probably shouldn't be making fun of people who think a PMI discount is meaningful. Let he who is without sin...
 
Bruddah IZ said:
I don't have to tell myself anything. It was Du's post that E-nanke totally told himself other than what Du posted. Big diff between $500 a month and $500 a year isn't it? Even a retail guy gets that!!
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But If you sign up for a jc penny credit card you will get 15% off of todays order, would you like it gift wrapped?
 
Wez said:
I just think someone who has struggled financially during the last 8 years, probably shouldn't be making fun of people who think a PMI discount is meaningful. Let he who is without sin...
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Oh man, how does your wife put up with you?
Sounds like we need to take up a collection for down and out, broke Iz. Send the money to me and I will make sure he gets some of it.
 
Wez said:
I just think someone who has struggled financially during the last 8 years, probably shouldn't be making fun of people who think a PMI discount is meaningful. Let he who is without sin...
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I was making fun of you, Du, and E-nanke for making a mountain out of $500 annual discount as part of your crusade for prospective homeowners. Supposedly FHA makes enough money on their own, that like the Fed, they supposedly don't need any tax payer money. If that is the case then why does the President have the power to rescind that discount? I'll tell you why, because, if the housing market turns in to a JENGA game again, there is not going to be a bail out but rather a bail in. If your bank is a creditor for another TBTF investment bank, your bonds and or cash savings are automatically converted to equity as part of the governments mandate to deal with the crisis they created through, you guessed it, money supply increase . Your girl Warren was a part of the gang that put together the Dodd-Frank Act to convert cash/bonds to equity in a crisis. Bye bye private property rights. And it's not a sin to struggle. Struggling, a.k.a. perseverance is not a sin my little evolutionist.
 
Bruddah IZ said:
I was making fun of you, Du, and E-nanke for making a mountain out of $500 annual discount as part of your crusade for prospective homeowners. Supposedly FHA makes enough money on their own, that like the Fed, they supposedly don't need any tax payer money. If that is the case then why does the President have the power to rescind that discount? I'll tell you why, because, if the housing market turns in to a JENGA game again, there is not going to be a bail out but rather a bail in. If your bank is a creditor for another TBTF investment bank, your bonds and or cash savings are automatically converted to equity as part of the governments mandate to deal with the crisis they created through, you guessed it, money supply increase . Your girl Warren was a part of the gang that put together the Dodd-Frank Act to convert cash/bonds to equity in a crisis. Bye bye private property rights. And it's not a sin to struggle. Struggling, a.k.a. perseverance is not a sin my little evolutionist.
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It's always a joy to watch your imitations of an economist.
 
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