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You should have listened to Grumble and Damone
Comments
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Are u responding to yourselfcreepycoug said:
Wait. NVM. I forgot. We'll just all shout "Reset!!" Yeah, that's what we'll do. That'll fix everything.creepycoug said:
Gotcha. I'm slow, per usual.RaceBannon said:
That's the jokecreepycoug said:I agree with pretty much everything said in this thread, except I'm surprised by one thing:
Robert Reich is our source?
But, is he right? It seems like we're deep enough into the cycle now that the foreclosures and evictions should be happening where they haven't been made illegal.
I've been worried about this. Like you say, 40 million+ out of work. What could go wrong? -
Lawsuits are being dialed up across the country, including in WA State in the coming weeks. NY Federal court already ruled against landlords there. Part of the rationale was, essentially, that maybe the constitution shouldn't take precedence during a pandemic. It truly is all branches of government fast tracking socialism in a coordinated manner.RaceBannon said:Is it constitutional? Does anyone care?
It's the confiscation of private property by the state -
As others have posted the pain is being pushed back for now. With the super unemployment benefits, stimulus, and rent holidays the reckoning is delayedcreepycoug said:
Gotcha. I'm slow, per usual.RaceBannon said:
That's the jokecreepycoug said:I agree with pretty much everything said in this thread, except I'm surprised by one thing:
Robert Reich is our source?
But, is he right? It seems like we're deep enough into the cycle now that the foreclosures and evictions should be happening where they haven't been made illegal.
I've been worried about this. Like you say, 40 million+ out of work. What could go wrong? -
Only if you mean the fast track past socialism to fascism like China has now(which is the inevitable outcome of socialism).NorthwestFresh said:
Do you think any bank is going to foreclose knowing they will put renters on the street?mRaceBannon said:If you're a renter who isn't paying and your landlord loses the property guess what?
You're fucked.
This is Socialism in rapid mode. Small businesses closed, small landlords go bankrupt as huge corporation-owned apartments can eat a loss...
Amazing to see how rapidly this is happening.
Banks will foreclose and the politicians advocating this shit will get nice campaign contributions and other forms of kickbacks. -
Yes!Pitchfork51 said:
Are u responding to yourselfcreepycoug said:
Wait. NVM. I forgot. We'll just all shout "Reset!!" Yeah, that's what we'll do. That'll fix everything.creepycoug said:
Gotcha. I'm slow, per usual.RaceBannon said:
That's the jokecreepycoug said:I agree with pretty much everything said in this thread, except I'm surprised by one thing:
Robert Reich is our source?
But, is he right? It seems like we're deep enough into the cycle now that the foreclosures and evictions should be happening where they haven't been made illegal.
I've been worried about this. Like you say, 40 million+ out of work. What could go wrong? -
Which will only make the reckoning worser.RaceBannon said:
As others have posted the pain is being pushed back for now. With the super unemployment benefits, stimulus, and rent holidays the reckoning is delayedcreepycoug said:
Gotcha. I'm slow, per usual.RaceBannon said:
That's the jokecreepycoug said:I agree with pretty much everything said in this thread, except I'm surprised by one thing:
Robert Reich is our source?
But, is he right? It seems like we're deep enough into the cycle now that the foreclosures and evictions should be happening where they haven't been made illegal.
I've been worried about this. Like you say, 40 million+ out of work. What could go wrong? -
Let me tell you all a secret - the governments did not let 2007 run its course. There were so many houses being repossessed at such a bargain rate that the governments and the banks colluded to protect investments and tax bases by gumming up foreclosures. We never got through the last inventory. Now thiscreepycoug said:
Which will only make the reckoning worser.RaceBannon said:
As others have posted the pain is being pushed back for now. With the super unemployment benefits, stimulus, and rent holidays the reckoning is delayedcreepycoug said:
Gotcha. I'm slow, per usual.RaceBannon said:
That's the jokecreepycoug said:I agree with pretty much everything said in this thread, except I'm surprised by one thing:
Robert Reich is our source?
But, is he right? It seems like we're deep enough into the cycle now that the foreclosures and evictions should be happening where they haven't been made illegal.
I've been worried about this. Like you say, 40 million+ out of work. What could go wrong? -
Understand that I am arguing against my interests here, but it seems that our economy is a little too dependent on a few sectors, housing being one of them.RaceBannon said:
Let me tell you all a secret - the governments did not let 2007 run its course. There were so many houses being repossessed at such a bargain rate that the governments and the banks colluded to protect investments and tax bases by gumming up foreclosures. We never got through the last inventory. Now thiscreepycoug said:
Which will only make the reckoning worser.RaceBannon said:
As others have posted the pain is being pushed back for now. With the super unemployment benefits, stimulus, and rent holidays the reckoning is delayedcreepycoug said:
Gotcha. I'm slow, per usual.RaceBannon said:
That's the jokecreepycoug said:I agree with pretty much everything said in this thread, except I'm surprised by one thing:
Robert Reich is our source?
But, is he right? It seems like we're deep enough into the cycle now that the foreclosures and evictions should be happening where they haven't been made illegal.
I've been worried about this. Like you say, 40 million+ out of work. What could go wrong?
We call that customer concentration risk in the disclosure bidness. -
When you give your manufacturing base away there is less economy to focus oncreepycoug said:
Understand that I am arguing against my interests here, but it seems that our economy is a little too dependent on a few sectors, housing being one of them.RaceBannon said:
Let me tell you all a secret - the governments did not let 2007 run its course. There were so many houses being repossessed at such a bargain rate that the governments and the banks colluded to protect investments and tax bases by gumming up foreclosures. We never got through the last inventory. Now thiscreepycoug said:
Which will only make the reckoning worser.RaceBannon said:
As others have posted the pain is being pushed back for now. With the super unemployment benefits, stimulus, and rent holidays the reckoning is delayedcreepycoug said:
Gotcha. I'm slow, per usual.RaceBannon said:
That's the jokecreepycoug said:I agree with pretty much everything said in this thread, except I'm surprised by one thing:
Robert Reich is our source?
But, is he right? It seems like we're deep enough into the cycle now that the foreclosures and evictions should be happening where they haven't been made illegal.
I've been worried about this. Like you say, 40 million+ out of work. What could go wrong?
We call that customer concentration risk in the disclosure bidness.
You're exactly correct. Lot of Chi Com capitalists have there money in America luxury housing. Lot of Americans have one asset, a house. House flipping and real estate development drive a huge portion of the economy
This crash makes the last one look like child's play.
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Where are the Tug liberals to tell us this is far better than the alternative and that MASK LIVES MATTER
