US US Politics General - Discussion of President Biden and other politicians

 

[Sniperwoof]

The average home price nationwide according to the Wall Street Journal is 410k and the market is so tight realtor's are recommending offering 30% over asking price.

What the fuck is anyone supposed to do?

 

[Seething Troon Collector]

The average home price nationwide according to the Wall Street Journal is 410k and the market is so tight realtor's are recommending offering 30% over asking price.

What the fuck is anyone supposed to do?

If you were to ask a real estate agent, buy something as soon as possible no matter the circumstances. The problem with that logic is that they assume it's never a 'bad' investment because of the limitless growth potential. When I'm presented with an opportunity that has limitless growth and no downside, I run in the opposite direction as fast as humanly possible.

 

[The Last Stand]

The average home price nationwide according to the Wall Street Journal is 410k and the market is so tight realtor's are recommending offering 30% over asking price.

What the fuck is anyone supposed to do?

Get another job? Save your money? RENT?

 

[Individualism Incarnate]

Boomers absolutely fucking hate their kids and I'm not sure why. This isn't something that happened with any other generation.

Boomers have spent every moment of every day being told that the end of the world is soon. Why give a shit about anything other than your immediate happiness if everyone is going to be dead in 5 years?

 

[Dr J]

Back to the Gay Trump Trial, even CNN is admitting Cohen is getting schlonged and proving to be a horrible witness:

Anyone with a brain could have told them this would happen a year ago. Cohen and Stormy Daniels are HORRIBLE witnesses. Only a complete IDIOT would try and build a case off their testimony.

 

[Fatsuit Shinji]

Boomers were more or less told that they deserved everything and by god did they take that lesson to heart.

The rationale I had been told was, the Great Depression permanently traumatized every generation that lived it. To where they didn't want their boomer children or descendants to not ever lived through something like they did. Hence the mass spoiling on the boomer generation.

 

[Polyboros2]

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Why not just say he flies onto the stage after throwing all of Russia's Nukes into the sun, they are equally believable.

Someone is missing their big fat social media astroturfing paycheck from 2020, this just reeks of desperation.

 

[The Last Stand]

Boomers were more or less told that they deserved everything and by god did they take that lesson to heart.

I feel it's a mix of Gen X and Boomers that have resentment for their own country while being entitled enough that everybody is supposed to believe THEIR way of life is superior. Never mind that they were born at the perfect time to where they DIDN'T have to deal with the social zeitgeist THEY created for today.

 

[tehpope]

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In your dreams buddy boy.

Biden gets winded while talking. He can barely fake jog a fucking literal second before stopping.

 

[northstar747]

When I'm presented with an opportunity that has limitless growth and no downside, I run in the opposite direction as fast as humanly possible.

I knew people in 2008 who bought and ended up underwater on their house they basically pulled a jingle keys aka walked away and rented for 5 years and at some point bought a house.

Housing isnt an asset housing run down over time, they need maintence etc.

The boomer lived in the post war properisty and gen X got the peace divided when the USSR fell,

In short you need to stop dislocations track inflation more correctly set the interests rates at infaction plus 5%, and have an orderly wind down of bankrupt entities and organizations.

 

[Kuritan Deplorable]

The rationale I had been told was, the Great Depression permanently traumatized every generation that lived it. To where they didn't want their boomer children or descendants to not ever lived through something like they did. Hence the mass spoiling on the boomer generation.

Nah, its simpler than that to me. Before the modern era, there wasn't really anything for the elderly to actually do with their wealth, and very few even had much meaningful wealth to do something with. You might have a house to pass down, and you'd have no incentive to sell it and go travelling or whatever because it wasn't an option. Couldn't book off to a catered retirement neighborhood when the concept didn't really exist, couldn't go off on world spanning cruises when just getting from America to Europe was a major, life defining financial decision, and there wasn't exactly much knowledge awareness or planning on what you could even do or see.

Boomers happened to be the first generation with widespread wealth to also grow up in an era where splurging on yourself and travelling the world was viable to the average person, so its no surprise their pursuing that to its fullest into retirement. I do agree that their coddled treatment is why they're acting like they're entitled to such an end of their life, rather than it being a unique generational luxury.

 

[Morethanabitfoolish]

Honestly, the best thing could do is to talk as little as possible.

Think about it- Biden has a hard enough time following a prepared script. Assuming there'd be no earpiece (big if), Trump yielding 60-90 seconds of his 90-120 seconds response time to Biden would lead to a calvalcade of nonsense demented babbling.

Can't find a clip of it but from the show Alpha House a moderate politician shows up to a debate where everyone other person is one flavour or another of insane. He recognises this and cedes his time as the best possible choice because every second given to his opponents does more than an hour of his own speaking could.

 

[Your Girlfriend's Dad]

I knew people in 2008 who bought and ended up underwater on their house they basically pulled a jingle keys aka walked away and rented for 5 years and at some point bought a house.

Housing isnt an asset housing run down over time, they need maintence etc.

The boomer lived in the post war properisty and gen X got the peace divided when the USSR fell,

In short you need to stop dislocations track inflation more correctly set the interests rates at infaction plus 5%, and have an orderly wind down of bankrupt entities and organizations.

We need a market correction. Bullshit companies have pushed their stock prices up via shitty business practices to the point that share value, profit, and feasibility of business are entirely unconnected.

This economy is entirely built on the same dollar being lended back and forth ad infinitum. Cut the free money by raising rates and see if these companies can sink or swim. They'll actually have to play to the free market. They'll actually have to keep their decent staff happy so their company can function, like they did in decades past.

If we stop treating the free market like a giant ponzi scheme organizations will actually have to compete.

That's my shitty thoughts on it anyway.

 

[Sniperwoof]

We need a market correction. Bullshit companies have pushed their stock prices up via shitty business practices to the point that share value, profit, and feasibility of business are entirely unconnected.

This economy is entirely built on the same dollar being lended back and forth ad infinitum. Cut the free money by raising rates and see if these companies can sink or swim. They'll actually have to play to the free market. They'll actually have to keep their decent staff happy so their company can function, like they did in decades past.

If we stop treating the free market like a giant ponzi scheme organizations will actually have to compete.

That's my shitty thoughts on it anyway.

The time to cut interest rates was in 2008 or so. Currently around 57% of U.S firms are zombie corporations (more debt and liabilities than assets/profit)

A hard course correct now would result in a near total collapse of the U.S economy, like much worse than great depression level.

 

[Useful_Mistake]

I wanna see where this strategy leads:

https://x.com/mtracey/status/1791212221206261783

 

[Betonhaus]

I wanna see where this strategy leads:

https://x.com/mtracey/status/1791212221206261783

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They would blink at the last second. They don't have the balls to implode the MIC.

 

[2ndBest]

Interesting times we live in

 

[Terrifik]

it's just a know-your-better bill.
Israel is our greatest ally period.

 

[Fatsuit Shinji]

Nah, its simpler than that to me. Before the modern era, there wasn't really anything for the elderly to actually do with their wealth, and very few even had much meaningful wealth to do something with. You might have a house to pass down, and you'd have no incentive to sell it and go travelling or whatever because it wasn't an option. Couldn't book off to a catered retirement neighborhood when the concept didn't really exist, couldn't go off on world spanning cruises when just getting from America to Europe was a major, life defining financial decision, and there wasn't exactly much knowledge awareness or planning on what you could even do or see.

Prior to the Great Depression, Americans with any money and more importantly time were traveling around the United States and globe trotting to destinations around the world just for the adventure of sightseeing different places. Especially after the automobile became readily available for the common man to buy.

 

[The Last Stand]

I wanna see where this strategy leads:

https://x.com/mtracey/status/1791212221206261783

View attachment 5995177
View attachment 5995178

So, divert funds to Israel or have your funding gutted? What interesting times we live in. I know Trump threatened to "drain the swamp," now they're just eating each other. How on Earth am I supposed to feel patriotic?