- Joined
- Dec 27, 2017
- Messages
- 22,825
- Reaction score
- 25,554
- Location
- Middle of it all
- Gender
- Male
- Political Leaning
- Other
Cool off topic misquote, dude.
Got anything relevant?
Cool off topic misquote, dude.
Maybe you should stop referring to soviet propaganda for talking points?I believe it can still be read etched on the walls of Soviet-era gulags.
Why should the progressive left have exclusive rights to it?Maybe you should stop referring to soviet propaganda for talking points?
you did it again.Why should the progressive left have exclusive rights to it?
Big money is buying up everything they can get their hands on. It is not a healthy market when fewer people control more of the wealth. One of the things big money is buying is homes. People are being pushed out of ownership and wealth-building and into a life of rentals and no personal wealth. They only have a home as long as they work and can make payments. If they run into bad luck, they get evicted and become homeless.Many times new management comes in and revamps things in place. Fact is if the company was sold at a "bargain price" it was probably on the verge of shutting down anyway.
You forgot about high democrats taxes though and 30 million illegalsBig money is buying up everything they can get their hands on. It is not a healthy market when fewer people control more of the wealth. One of the things big money is buying is homes. People are being pushed out of ownership and wealth-building and into a life of rentals and no personal wealth. They only have a home as long as they work and can make payments. If they run into bad luck, they get evicted and become homeless.
When people buy their own homes, they are able to pay them off during a career of working. Then when they retire, they are able to live comfortably on Social Security income because their home is paid off. That makes for a good life. But not if big money gets it's way. Then they will be living in some dismal apartment, barely making ends meet, and eating cat food. All thanks to vulture capitalism and private equity.
Your entire premise is wrong.Big money is buying up everything they can get their hands on. It is not a healthy market when fewer people control more of the wealth. One of the things big money is buying is homes. People are being pushed out of ownership and wealth-building and into a life of rentals and no personal wealth. They only have a home as long as they work and can make payments. If they run into bad luck, they get evicted and become homeless.
When people buy their own homes, they are able to pay them off during a career of working. Then when they retire, they are able to live comfortably on Social Security income because their home is paid off. That makes for a good life. But not if big money gets it's way. Then they will be living in some dismal apartment, barely making ends meet, and eating cat food. All thanks to vulture capitalism and private equity.
Conservatives want to believe (wrongly) that capitalism is all healthy and wonderful, and engine of ingenuity. They rarely wish to admit that capitalism has it's downside.
Big money is buying up everything they can get their hands on. It is not a healthy market when fewer people control more of the wealth. One of the things big money is buying is homes. People are being pushed out of ownership and wealth-building and into a life of rentals and no personal wealth. They only have a home as long as they work and can make payments. If they run into bad luck, they get evicted and become homeless.
When people buy their own homes, they are able to pay them off during a career of working. Then when they retire, they are able to live comfortably on Social Security income because their home is paid off. That makes for a good life. But not if big money gets it's way. Then they will be living in some dismal apartment, barely making ends meet, and eating cat food. All thanks to vulture capitalism and private equity.
The system only works if everybody is in. Anybody who wants to build a nestegg outside of SS is welcome to as long as they continue to pay in.We tried for a opt-clause for Social Security but you folks would have none of it.
Income taxes as as low as they have been in decades. Property values and taxes will inflate. Most state governments have homestead exemptions to give homeowners a break.You forgot about high democrats taxes though and 30 million illegals
I remember my grandfather and some of his friends in Chicago owning the homes outright but had to move because they couldn't afford the property taxes anymore
It would be higher if it wasn't for vulture capitalism. The graph shows the steady climb and then when the vulture capitalism of private equity began buying homes, home ownership began to fall. It has not been as high since.Your entire premise is wrong.
Home ownership numbers have been fairly stable for the past 50 years — between 63% and 69% — with the majority of Americans owning their own home. The rate goes up and down with economic conditions (and sometimes government intervention) and not as a consequence of what “big money” people do.
View attachment 67393400
Big money in the USA is representative of plutocratic capitalism. Not a healthy economic system. Top heavy.I have suggested that we recognize there are two economic system relevant to the US to pick between: "Democratic Capitalism" and "Plutocratic Capitalism" (I hope I'm remembering my own term correctly). This summarizes that 'good side' and 'bad side' you mention and is much more useful than the misleading 'capitalism vs. socialism'.
I'm pleased we're in agreement that the "Social Security Trust Fund" is nonexistent and is no more than an accounting gimmick. Because if it were real, SS would still function without everyone being "in."The system only works if everybody is in.
Ah, no. Your premise has been proven wrong, and now you're just trying to pick up the pieces. You might as well be yelling at clouds.It would be higher if it wasn't for vulture capitalism. The graph shows the steady climb and then when the vulture capitalism of private equity began buying homes, home ownership began to fall. It has not been as high since.
You forgot about high democrats taxes though and 30 million illegals
I remember my grandfather and some of his friends in Chicago owning the homes outright but had to move because they couldn't afford the property taxes anymore
For me, probably a mint. Damn shame he never owned it.How much is your grandfather and his friends home worth today?
For me, probably a mint. Damn shame he never owned it.
Hard to tell. He never made it past the 6th grade.Hmmm... Good schools in that neighborhood?
Hard to tell. He never made it past the 6th grade.
Is the house he lived in CURRENTLY in a neighborhood with good schools? Schools are of biggest factors in the price of a home... Good schools are paid for with PROPERTY taxes...
Sure, as long as you're in the upper income brackets. Not so much for less affluent.Capitalism is healthy, wonderful, and an engine of ingenuity. It also has its downsides, but compared to all other economic systems — e.g. socialist Marxism — it remains vastly superior to any other yet devised by man.
A not very well informed opinion, IMO.Sure, as long as you're in the upper income brackets. Not so much for less affluent.