I'm surprised there's not an inflation thread yet
POSTED BY: 6IXSTRINGJACK
UPDATED: Thursday, June 11, 2026 17:04
VIEWED: 37356
PAGE 71 of 84
CNBC: This week provided a reminder that inflation isn’t going away anytime soon
https://www.cnbc.com/2024/03/14/this-week-provided-a-reminder-that-inf
lation-isnt-going-away-anytime-soon.html
Also, Diversity Hire Idiot Janet Yellen is sorry that she called inflation transitory.
https://thehill.com/business/4529787-yellen-regrets-saying-inflation-t
ransitory/
Nah bitch. Apology not accepted. We're all sorry that you have any power at all. You shouldn't even be in charge of a cash register at WalMart.
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Home foreclosures are soaring nationwide
https://www.foxbusiness.com/economy/home-foreclosures-are-soaring-nati
onwide-rising-fastest-these-states
All of the news today is good news for responsible and intelligent people.
It's very bad news for irresponsible people and the gullible.
Foreclosures will not be good for people who are foreclosed on, but it will help bring the market back down to reality. By all rights, the prices of homes should have fallen steeply given all the recent rate hikes, but they're not because everybody and their mother is living on credit and money means nothing when there's all that credit floating around. Responsible people are being asked to pay $3.00 cash for a dozen eggs again (and refusing to pay that), because of all the irresponsible people who just keep buying them on credit no matter how high the prices go.
Having a few hundred thousand foreclosed on homes sitting unused all over the country with price tags nobody is willing to pay for them like we had in 2012 would cure all of this real quick.
The venture capital well drying up in the last two years destroyed woke and might save Hollywood. It's time that everybody else gets a dose of that pill.
Credit in all of its forms and how it's permeated every facet of life is the real cancer in this country.
Oh... and if our near-worthless government wants to get bi-partisan and actually do something to help fix our country, put an immediate end to property as an investment. Nothing gets fixed if BlackRock and Vanguard who have been sitting on the sidelines in the housing market for the last year of high rates and insane prices come swooping in to buy up another 10% or 20% of the residential homes with the intention of turning them into rental properties and Air B&Bs when prices come crashing down.
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Fed will have to keep rates high for longer than markets anticipate, say economists
FT-Chicago Booth poll suggests bank will make two or fewer cuts this year, with the first between July and September
https://www.ft.com/content/9d58ff6a-c6c4-4740-b3aa-5699a865c7f4?segmen
tId=b385c2ad-87ed-d8ff-aaec-0f8435cd42d9
This is terrible news for Biden* in Election Year.
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Quote:Stupidity is the real cancer in this country. This is from a house purchase that a Trumptard signed but did NOT understand, or maybe didn't read beyond the first couple sentences. I don't think the Trumptard even understood there was 5.5% interest rate:
Originally posted by 6ixStringJack:
Credit in all of its forms and how it's permeated every facet of life is the real cancer in this country.
PROMISSORY NOTE $245,000.00 Harris County, Texas February 10, 2023
This Note shall be paid in sixty (60) equal monthly payments. The first payment will be due on March 1, 2023 in the amount of ONE THOUSAND FIVE HUNDRED DOLLARS AND 00/100 ($1,500.00) and will be due and payable on the 1st day of each month thereafter. Additionally, there shall be three (3) additional principal payments of TWENTY THOUSAND DOLLARS AND 00/100 ($20,000.00) each payable on February 28, 2024, February 28, 2025 and February 28, 2026. . . . .
THIS LOAN IS PAYABLE IN FULL AT MATURITY. YOU MUST REPAY THE ENTIRE BALANCE OF THE LOAN AND UNPAID INTEREST THEN DUE. THE LENDER IS UNDER NO OBLIGATION TO REFINANCE THE LOAN AT THAT TIME.
When February came around, the Trumptard was not even aware of the $20,000 owed. The seller gave the Trumptard a choice: pay $20,000 right now or else I am foreclosing on you, you stupid asshole. To repeat, Stupidity is the real cancer in this country.
P.S. I wrote a $20,000 check to stop the foreclosure. Next year I'm not saving this Trumptard from his stupidity. And I am not writing a check in Feb 2028 for the balloon payment of $148,216.80. https://www.calculator.net/payment-calculator.html
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:
Originally posted by second:
P.S. I wrote a $20,000 check to stop the foreclosure. Next year I'm not saving this Trumptard from his stupidity. And I am not writing a check in Feb 2028 for the balloon payment of $148,216.80. https://www.calculator.net/payment-calculator.html
You did no such thing.
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Quote:This is typical for you, 6ix. Typical for that Trumptard, the $20,000 payment, once a year for three years, was a big surprise. I told him that besides paying the seller $1,500 per month, the Trumptard needs to also save $1,670 per month in his bank account so that there will be $20,000 for next year. The Trumptard got all upset: But I'm paying $1,500! Where am I gonna get another $1,700 each month?
Originally posted by 6ixStringJack:Quote:
Originally posted by second:
P.S. I wrote a $20,000 check to stop the foreclosure. Next year I'm not saving this Trumptard from his stupidity. And I am not writing a check in Feb 2028 for the balloon payment of $148,216.80. https://www.calculator.net/payment-calculator.html
You did no such thing.
My response was: Why did you sign the Promissory Note? When you showed it to me last year, there was nothing about an additional $20,000 per year. (I have a copy of the note from January of 2023)
The Trumptard responded that he wanted to pay off the note faster so he agreed to pay that additional $20,000 for three years. Somehow it did not register in the Trumptard's brain that $20,000 means you have to set aside the $20,000. Every year! Plus even more for the balloon payment of $148,000 in 2028! I guess the Trumptard is expecting a windfall or inheritance or something, but he doesn't have any living relatives who will write the Trumptard into their will.
The cancer eating up America is NOT debt. The cancer is the stupidity eating up the lamebrains of America.
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:
Originally posted by second:
The cancer eating up America is NOT debt.
I didn't say that the cancer is debt. I said the cancer is credit.
Your entire anecdote is a lie. Nobody cares.
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Quote:6ix, you got fired from every job and dumped by your girlfriends because you are an asshole. It is pretty clear you misunderstand debt, loans, credit, mortgages, promissory notes, bonds, rent-to-own, and anything about owing money. (Owing is cancer, if you're stupid.) Trump is as dumb about money as you are. Thirty bond underwriters turned him down because they found him untrustworthy.
Originally posted by 6ixStringJack:Quote:
Originally posted by second:
The cancer eating up America is NOT debt.
I didn't say that the cancer is debt. I said the cancer is credit.
Your entire anecdote is a lie. Nobody cares.
Trump’s lawyers say it is impossible for him to post bond (because he is an asshole)
https://apnews.com/article/trump-fraud-bond-appeal-million-75ef3efb5b7
0d6ea43bea85b65ff7810
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:
Originally posted by second:Quote:6ix, you got fired from every job and dumped by your girlfriends because you are an asshole. It is pretty clear you misunderstand debt, loans, credit, mortgages, promissory notes, bonds, rent-to-own, and anything about owing money. (Owing is cancer, if you're stupid.) Trump is as dumb about money as you are. Thirty bond underwriters turned him down because they found him untrustworthy.
Originally posted by 6ixStringJack:Quote:
Originally posted by second:
The cancer eating up America is NOT debt.
I didn't say that the cancer is debt. I said the cancer is credit.
Your entire anecdote is a lie. Nobody cares.
Trump’s lawyers say it is impossible for him to post bond (because he is an asshole)
https://apnews.com/article/trump-fraud-bond-appeal-million-75ef3efb5b7
0d6ea43bea85b65ff7810
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at
https://www.mediafire.com/folder/1uwh75oa407q8/Firefly
Have fun at work today, slaving away for the creditors that you're never going to live long enough to pay off sweetie baby?
As for my personal life, you need to ask yourself if you want to continue making up fake stories about it. I guaranty you that I have a much more impressive imagination than you do.
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The American Dream Accelerates Away From Those in the Slow Lane
https://www.wsj.com/finance/the-american-dream-accelerates-away-from-t
hose-in-the-slow-lane-c2dc7abc?mod=hp_lead_pos5
If idiot Paul Krugman really is stupid enough not to understand why people don't agree with his lies that the economy is doing well, he should probably look at this thread as a collection of reality over the last 3 years of everyone's lives in this country.
When rent is unaffordable and buying a house is completely out of reach, none of the other problems easing up matters at all.
Personally, I do fall under his category of people who think the economy is bad for other people but it's not really that bad for themselves. But I don't have rent or a mortgage, so I'm in a group of people that almost doesn't even exist outside of seniors and the 1%-ers. The cost of everything I need to live has gone up significantly in the last 3 years, but I'm among the few who truly aren't feeling that because of my unique housing situation.
A vast majority of people who live in houses that are paid for free and clear in this country are seniors. And seniors vote heavily for Republicans regardless of the economy, so most of the people who are hit hard by the housing crisis were either already going to vote Republican before it happened or are going to vote against the status quo that put us in this position.
So go on and keep writing all of those articles about how great the economy is and insulting everyone you've already injured by telling them that they just don't get it.
Those polls aren't going to get any better for Biden* as the election draws near. They're only going to get worse for him. There is nothing that he or Democrats can do to fix any of this before November. Maybe if liars like Paul Krugman hadn't spent an entire year denying that inflation was happening before wasting another half year calling it transitory and action had been taken much earlier things would be different now.
Y'all done fucked up.
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