In recent days S&Ls and banks are reporting most new mortgages are Refis, and the new first time owners are down.
The Doper has told so many lies that my floppy disk with all of them recorded is almost full
The most realistic option is try to keep track of when he does not lie, that follows:
Sorry that was all I could find!!!
The monthly payment on the avg loan about $200.00. This will drop the $$$$$$$ available for future home owners. Most grads start around $35,000.00. How will they be able to buy a home with that debt over their heads. AND that is the average. A recent dialogue with a car salesman where he indicated his debt was
$200K. Or 6 times the NATO average. Payment = $1200.00 per month. IF they can find a job, how can they
Qualify for a mortgage, if they are making an avg wage of $ $3K a month? JMHO
This student loan bubble will adversely impact first time home owners. How can U get a mortgage when you owe thousands in loans that can never be included in Bankruptcy
Look out. Below. I give it 2 more years.
If you like your smidgen, you can keep your smidgen. 62% of Americans
Think the doper lied to get re-elected. The other w 48% are brain dead loony libs
What the idiot Community Organizer, choom gang member, Doper should do to really terrorize Putin is
Send Big B?tt Michelle to Moscow. That ugly thing would frighten an orangatang.
Now read again I was test driving a ES300 Hybrid, now who sells that model? You Afros are not the brightest bulbs, or even the dimmest,just
As I said before, Bud was laid off last month, and Mike the other retirewith an MIT degree moved and is no longer there. Mike only was in my employ because of my friendship with his wife. Mike was a retired civil
Engineer, who could hardly tie his shoes. I have old U that several time
But I guess dementia is rampant in African americans, blakracist
I am just repeating what Josh told me. I am just a dumb old farm boy who does not even know the diff between a Masters and a Phd. The point he was expressing and I passed along was that he had 22 years of education AND $200K in debt. Made my head spin,
The interest at 5% is $10K, and if he makes maybe $50K. Not a good spot
He also told me he is getting married as soon as it is paid off. NOW that is funny.
He will be single a long time
Yup, the Wall Street Journal reported that the Doper is sending SOX to the Eukraine as assistance.
YOU CAN'T make this stuff up, only the liberal loons are applauding this devastating challenge to Putin.
Putin is still rolling on the ground laughing.
This is the same story, different student debt amount of the job applicant from the oil change shop next door to one of my washes. He had an accounting degree, $26,000.00 in student debt, and needed a part time job,
Since all he could find was as an oil changer at $9.25 per hour.
Sad how big government continues to blow up balloons. First housing decimated the economy in 2008
Because of the push for housing, next is student loans at $1.2 trillion. Look out below. JMHO
I took a test drive Wed. Because of a $75.00 debit card offer if I would do so. The Salesman, a very nice young man told me a sad commentary on what is wrong with America. He has 2 masters degrees, one in linguistics, and speaks 5 languages, fluently he says. He has been selling cars for 6 months, since he lost his job as a professor at the U. Of Wis. due to cutbacks, that was all he could find. 34 YO. He told me he has the
Hi student loan cost because he could not find suitable jobs, but he could get government guaranteed student
Loans, so he kept going to school. Taught at the U. For 2 years and is now a car salesman.
THEN, he asked me where I went to school. I told him Straw School in Northern Illinois and had completed
3rd grade. He is aware of my businesses. The conversation from that point on was about the
ES300hybrid I was driving. Big government for the last 40 years has set up the next crash. And it will be
Caused by the $1.2 trillion student loan debacle. JMHO
Let's face it a yaller dawg could do better.
We know that, unfortunately, there are more freebie beggars than those paying the taxes to fund this big Overnment fiasco. One other thing I thought of regarding returns on SS. Income Tax on 85% is
Levied by the Feds. So, on my lousy negative return on my investment, I have to pay 39% federal
Income tax on 85%.
Another depressing scenatio.
If anyone else wants to do the calc for himself, it is relatively easy. Just order a copy of your annual
Contributions from Social Security. Then just add .05 to the first year, then add the 2nd year, then multiply that total by .05, and continue thru all the rest of the years. When you get to the end of your
Calc, you will be amazed at how much your contributions compounded yearly amounts to.
Then if you really want to feel bad, double the amount to compensate for the Employers portion.
THEN if you still like BIG Government, I would be surprised.