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Political Cartoons, Memes & Amusing Videos

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^ He basically defined every known demagogue in history. Not Nostradamus, by any means.

But not lost on us as we face the whirlwind.
 
Again...a wet dream....it was never going to happen, and not because it was Trump.

Because Billionaire developers.
 

That's too true, and not just with newly-built homes: I've watched as banks transformed the valuation of foreclosed houses from $75k to $100 or even $125k. Though why they do baffles me given how many business locations are sitting empty downtown; that sort of suggests to me that the local economy just isn't going to support the income levels needed to pay for such houses.

On the other hand things are shifting; one house not far from me got remodeled and listed at $150k, where it sat and sat with no one even doing more than drive-by looking. Then the listed price got dropped to $140k, then $125k, and ended up selling for $90k. Yet there's a tragedy in there: the payments at that price would have been affordable to the family who lost it due to foreclosure! I talked to them the week they finally moved out and learned they had tried to negotiate a different payment plan but the bank wasn't interested; they even tried getting a new loan from a different bank to pay off the existing loan and have lower payments (they'd been paying on it for over eight years). A contractor I know who does home remodels estimated the bank took a $30k loss on the place -- when they wouldn't have taken a loss at all if they'd been willing to renegotiate.

Something not surprising at all is that it's the bigger banks with managers brought in from out of town that act this way; the regional and local banks work with people (the bank involved in the above is one that engages in several unethical practices that don't quite break laws; it's the one that businesses with out-of-town owners use).
 
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