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Tucker Carlson sides with Bernie and AOC on capping interest rates
allpurpleallgold
Member Posts: 8,771
in Tug Tavern
https://m.youtube.com/watch?v=TllENlTIIrYComments
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And?
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Does he side with them and their call for a Post Office run banking system?
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I thought we hated him
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The trade off is less people getting cards.
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That's actually not a bad thing.RaceBannon said:The trade off is less people getting cards.
This country will be great again when average people have savings.
Rest assured the big banks will lobby hard against. -
Reminded me of this great article from a few months ago:
http://nymag.com/intelligencer/2019/01/tucker-carlson-romney-monologue-capitalism-social-conservatives-fox-news.html
Carlson’s criticisms are disingenuous given his career but there’s a deep history of populism among rural evangelicals in America -
I know it's not but I doubt AOC realizes what the effect ispawz said:
That's actually not a bad thing.RaceBannon said:The trade off is less people getting cards.
This country will be great again when average people have savings.
Rest assured the big banks will lobby hard against.
I guess the government can demand bad credit risks get cards. Worked for mortgages -
I get low interest rates but they actually do not matter. I pay off my cards every month. If you want a personal loan go get one!
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Exactly what will happen.RaceBannon said:The trade off is less people getting cards.
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Paying off your cards each month is just another form of white privilege. Credit scores are racists.Sledog said:I get low interest rates but they actually do not matter. I pay off my cards every month. If you want a personal loan go get one!
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Fuck that noise. Negotiate for lower settlement and get them to take it off your reportSFGbob said:
Paying off your cards each month is just another form of white privilege. Credit scores are racists.Sledog said:I get low interest rates but they actually do not matter. I pay off my cards every month. If you want a personal loan go get one!
Financial institutions can suck my balls -
It's not some banking conspiracy or people's moral failings in this generation.pawz said:
That's actually not a bad thing.RaceBannon said:The trade off is less people getting cards.
This country will be great again when average people have savings.
Rest assured the big banks will lobby hard against.
It's interest rates plain and simple, set by the Fed, in response to government policy and world financial demand.
Why save when you can't make a return that exceeds inflation? Why not take out loans and credit when you can do so at a rate lower than the return you can make?
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Imagine if you have poor credit that people don't want to loan you money and if they do they would assign a higher interest rate for taking a risk on your non-bill paying ass!
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Credit scores are rayciss. Everyone should have the same number.RaceBannon said:
I know it's not but I doubt AOC realizes what the effect ispawz said:
That's actually not a bad thing.RaceBannon said:The trade off is less people getting cards.
This country will be great again when average people have savings.
Rest assured the big banks will lobby hard against.
I guess the government can demand bad credit risks get cards. Worked for mortgages -
Good credit is all just part of white privilege, and somehow that privilege wasn’t strong enough to block the yellow man since Asians on average have better credit scores than whites.
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Free Pub!SFGbob said:Good credit is all just part of white privilege, and somehow that privilege wasn’t strong enough to block the yellow man since Asians on average have better credit scores than whites.
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How many people actually use credit cards for investment purposes? About zero.UW_Doog_Bot said:
It's not some banking conspiracy or people's moral failings in this generation.pawz said:
That's actually not a bad thing.RaceBannon said:The trade off is less people getting cards.
This country will be great again when average people have savings.
Rest assured the big banks will lobby hard against.
It's interest rates plain and simple, set by the Fed, in response to government policy and world financial demand.
Why save when you can't make a return that exceeds inflation? Why not take out loans and credit when you can do so at a rate lower than the return you can make? -
And if the government forces companies to accept bad credit clients, the companies will just make credit limits much smaller.creepycoug said:
Exactly what will happen.RaceBannon said:The trade off is less people getting cards.
