Ponderable

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.
 
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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You, of course, once again, completely miss the point . . . par for the course, GO PHIL!
 
Bruddah IZ said:
Your point was made by the post that started the FHA discussion. Did you wish to make a separate point.....mulligan?
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The first thing he does, no matter how trivial, is to take away something from the middle class? Optics aren't too good so far for him and your support thereof.
 
Bernie Sanders said:
Im middle class, like you.
Should regulatory executive orders be installed on banks, only to later bail them out to the tune of hundreds of billions of middle class tax dollars?
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So if a rule making action doesn't impact 100% of a class, it's not valid example?

Did higher PMI rates help banks avoid disaster in the financial crisis?
 
Wez said:
So if a rule making action doesn't impact 100% of a class, it's not valid example?

Did higher PMI rates help banks avoid disaster in the financial crisis?
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Obama's last minute orders are going to get undid.

Our tax dollars bailed the banks out. Maybe we regulate less, and let those banks stand on their own.
 
Wez said:
Ask Husker, he said it. I just gave you one very big example.

It's only day 6, this is going to get to be a really big list.
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You said, "for starters", like there was a list.
I'll stay tuned.

Speaking of Husker-Rat, I wonder what he thinks of his union brethren all cozy with Trump in the oval office?
 
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