Slow Down?

[ucbruin]

EddieB my friend....
I believe you should ask that question to those AF members who initiated the term "entitlement (s)" in this thread....

 

[ucbruin]

You assume SS will be there for those of us still several decades away from retirement.

That, my friend, is a literal extraordinary assumption.

If your generation allows the politicans to wipeout your contributions....
Than shame on your generation....

 

[Gobears81]

If your generation allows the politicans to wipeout your contributions....
Than shame on your generation....

Other generations vote, as well

 

[djd09]

Funny thing is that when the bubble popped last time, they blamed the broker appraiser relationship. The data King says 50% of homes are over valued. Now what? The eappraiseit model still doesn't work? They are really going to have to prime the propaganda machine for this one. ROV is just a backdoor pressure value. But what do i know. Guess the lesson is you can't beat the banker. Too bad TAF cannot understand that relationship. Maybe they were just duped too.

 

[J Grant]

https://www.nytimes.com/2018/12/31/...7821170emc=edit_up_20190103&ref=headline&te=1

Reverberations felt in the housing market. Need a turnaround ...and a correction/ in 2019 year of reckoning...

 

[ucbruin]

Other generations vote, as well

You can't think my generation is going to vote to get rid of SS....
So get the middle age voter and younger voter to remain vigilant and stop voting to elect politicans that appear to want to eliminate it....

To be honest I believe entitlement, abortion, contraception, etc. are just issues to get voters to the pills....
And won't be eliminated....

 

[J Grant]

Funny thing is that when the bubble popped last time, they blamed the broker appraiser relationship. The data King says 50% of homes are over valued. Now what? The eappraiseit model still doesn't work? They are really going to have to prime the propaganda machine for this one. ROV is just a backdoor pressure value. But what do i know. Guess the lesson is you can't beat the banker. Too bad TAF cannot understand that relationship. Maybe they were just duped too.

Correction; the blame was not on the broker appraiser relationship, the blame was on the deregulation and insane high risk lending...but the appraisers who inflated /said "yes" to pressure had a contributing element...which swept all appraiser up with it for the across board HVCC and then DF...wish we could have a do over. A middle school kid could have figured out making for profit AMC;s the "firewall" since their allegiance was to their lender clients creates a conflict of interest.

 

[Carnivore]

EddieB my friend....
I believe you should ask that question to those AF members who initiated the term "entitlement (s)" in this thread....

Actually the American Citizen in regards to the Social Security fund is a creditor. The Congress(all of them) have spent all the SS money and then some.

Overview. The Trust Fund represents a legal obligation of the federal government to program beneficiaries. The government has borrowed nearly $2.8 trillion as of 2014 from the Trust Fund and used the money for other purposes.

 

[ICT RE]

Why are social security benefits considered an "entitlement"? It;s money people paid into while working.

I read military spending is 54% of discretionary spending. Look back historically at any nation who waged multiple wars and eventually it did them in. Because instead of investing in their own citizens ( education, health care etc) they invest in killing...every war since WW 2 was a disaster for America ( with exception of the Gulf war) and Iraq was the worst example and on top if it the Iraq debacle was financed by the Chinese, the start of our becoming a debtor nation.

Well, the thread is getting a bit off topic but how do you separate health of housing market from the rest of the economy....they are related. Appraising , specifically res mortgage side has its own set of adverse developments reaching a critical mass, couple that with a slow down and result is what we are experiencing now.

They’re called entitlements because that’s what those segments of the federal budget are referred to as. Nothing more.

Defense spending is around 15% of the most recent federal budget.

The US already invests heavily in healthcare; Medicare, Medicaid, and the ACA funding are a part of that 70% of budget entitlements that have skyrocketed as a proportion of the federal budget.

Only the Nordic countries outspend the US on education. Our ROI just sucks for a multitude of cultural and social reasons that are difficult discussions to have.

 

[djd09]

JG you can spin it any way you want. They created the HVCC. Enough said. Oh and prices are higher then the Great Recession. Now close your eyes and pretend it didn't happen.