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anime was right posted:welcome to the club I was a Bernie Bro during the primary and I supported Hillary because I thought she wouldn't whizz the election down her be-pantsuited leg. I never really left the club in the first place.
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Dec 9, 2016 19:33
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ALL-PRO SEXMAN posted:I was a Bernie Bro during the primary and I supported Hillary because I thought she wouldn't whizz the election down her be-pantsuited leg. I never really left the club in the first place.  the bernie bro is a myth though just makin sure everybody hears me say this at least once a day
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Dec 9, 2016 19:36
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loquacius posted:
Sir, this is a cryptozoology conference.
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Dec 9, 2016 19:41
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loquacius posted:
I self-identify as a Bernie Bro stop with this erasure you non-ally.
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Dec 9, 2016 19:43
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ALL-PRO SEXMAN posted:I self-identify as a Bernie Bro stop with this erasure you non-ally. My mother in law once said "aren't bernie bros not a real thing" and I blocked her phone number after telling her I'll never talk to her again. No one can possibly question my allyship.
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Dec 9, 2016 19:44
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docbeard posted:Sir, this is a cryptozoology conference. this so-called "bernie bro" is just a fratboy skeleton with a Che Guevara shirt attached to it post-mortem ALL-PRO SEXMAN posted:I self-identify as a Bernie Bro stop with this erasure you non-ally. It's fine if you want to reclaim the slur I guess
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Dec 9, 2016 19:46
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loquacius posted:
How can you say this when the BernieBros are coming from inside the thread
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Dec 9, 2016 19:47
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zegermans posted:How can you say this when the BernieBros are coming from inside the thread Go away.
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Dec 9, 2016 19:49
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RENEGADE CUCKSKY posted:your house being worth less than when you bought it has real-world consequences: you cannot move unless you can afford to pay the depreciated value of your home vs. what you paid for it, or, you have paid off the entirety of your home anyway. housing is an 'investment' because unlike renting, you (in theory) recoup the value (and hopefully more) if you ever sell the property. Why is this, exactly? If you're underwater, can you really not sell your home for the listed value and just keep the remaining debt? I would presume it's because the home is no longer worth enough as collateral... but if the home dropped that much in value, that's already true as far as the bank is concerned. I don't doubt this is true, like I said the "on paper" stuff matters even if the in reality stuff doesn't. quote:recoup the value (and hopefully more)
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Dec 9, 2016 19:50
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http://talkingpointsmemo.com/edblog/going-for-the-big-enchiladaquote:Republicans apparently aren't going to be satisfied with phasing out Medicare. They're going to try to pass huge cuts to Social Security this year too. Not Bush-style partial phaseout but just big, big cuts. And you're out of luck even if you're a current beneficiary.
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Dec 9, 2016 19:50
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lol i like how they take the money either way
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Dec 9, 2016 19:51
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Can people who are underwater on their homes not declare bankruptcy? Honest question.
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Dec 9, 2016 19:52
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I was with Bernie until after the CA primary and I voted for him in said primary, then I bowed to the inevitable and supported Hillary because I'm not stupid except it turns out I was because Hillary's campaign was a total disaster. drat right I'm gonna call myself a Bernie Bro now. My instincts were right all along.
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Dec 9, 2016 19:52
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They either foreclose on the mortgage or restructure so you're paying until you die (and then they take it).
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Dec 9, 2016 19:54
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GlyphGryph posted:That part is pretty hosed up though, I would hope not everyone wants to be a parasite that wants others to pay them more for something than what it's worth. Do you really not understand how houses in specific locations can become more desirable over time?
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Dec 9, 2016 19:54
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GlyphGryph posted:Why is this, exactly? If you're underwater, can you really not sell your home for the listed value and just keep the remaining debt? I would presume it's because the home is no longer worth enough as collateral... but if the home dropped that much in value, that's already true as far as the bank is concerned. I don't doubt this is true, like I said the "on paper" stuff matters even if the in reality stuff doesn't. if you owe $400,000 on your mortgage but your house is only worth $300,000, when you sell you still owe $100,000 on your mortgage. not many people can afford to pay 2 mortgages, or a mortgage and a rent. that's not 'on paper,' it's a real thing. if you had to sell your home or move due to financial reasons, you're probably not in any position to cover extra debt from your underwater mortgage. this is why so many people went bankrupt during the last financial crisis. they're not paying them more than 'what its worth.' if you bought a house 10 years ago and it was worth $200,000, and now it's worth $300,000 and you sold it, you got paid 'what its worth.'
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Dec 9, 2016 19:55
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I'm with Bernie, bro.
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Dec 9, 2016 19:55
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its spelled "bernie brah"
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Dec 9, 2016 19:55
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Haha I looked it up and apparently you could dismiss an underwater mortgage in the past, and there was legislation to allow that again during the housing crisis but it was killed by the Dems, and the Supreme Court in 2015 went even further and said you can't even get said mortgages voided as part of a proceeding even if you don't own the home because you've already lost it to another mortgage. Hahaha. Wow.
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Dec 9, 2016 19:55
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GlyphGryph posted:Can people who are underwater on their homes not declare bankruptcy? Honest question. Mortages cannot be altered to the homes current price even if you are underwater so basically a bankruptcy won't help unlike cridt card debt. It's why people just walked away and let their credit tank during the height of the housing crisis.
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Dec 9, 2016 19:56
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GlyphGryph posted:Can people who are underwater on their homes not declare bankruptcy? Honest question. uh, they often do. are you Michael Scott by chance?? declaring bankruptcy isn't just saying some magic words, it's a legal process and is very expensive in and of itself.
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Dec 9, 2016 19:56
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just crash the housing market on purpose and then bail out homeowners instead of banks so that everyone ends up doing fine with collapsed prices. bing bing bong
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Dec 9, 2016 19:57
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The problem with Bernie Bros is that they sabotaged Clinton's chances by moving her too far to the left. This is because they are racist misogynists who are educated stupid and do not believe in life time 4 day Abuela rotation.
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Dec 9, 2016 19:58
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Fullhouse posted:just crash the housing market on purpose and then bail out homeowners instead of banks so that everyone ends up doing fine with collapsed prices. bing bing bong But that would reward failure. 
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Dec 9, 2016 19:58
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ALL-PRO SEXMAN posted:I was with Bernie until after the CA primary and I voted for him in said primary, then I bowed to the inevitable and supported Hillary because I'm not stupid except it turns out I was because Hillary's campaign was a total disaster. cool story, bernie bro
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Dec 9, 2016 19:58
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bernie bros were A Thing but lol if you think they somehow cost hillary "charisma of a doorknob" clinton the election
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Dec 9, 2016 19:59
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Acelerion posted:Regarding the DNC chair - I wonder if which faction wins is just as important as who it actually is. ellison IS the establishment pick. And by definition, any DNC chair is going to be the establishment pick because they're the ones voting on who is the DNC chair. It's the same super delegates that backed Hillary in the primary!
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Dec 9, 2016 20:01
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Well no one is ever affording a house in our generation so the market will collapse and no one will be home owners to eat the cost Bing bing
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Dec 9, 2016 20:01
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Yinlock posted:bernie bros were A Thing but lol if you think they somehow cost hillary "charisma of a doorknob" clinton the election You are educated evil, and might have to kill the evil socialism teaching Bernie Bros before you can learn that 4 Clinton terms exist -but all Abuela Truth denied.
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Dec 9, 2016 20:02
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Hey I'm gonna run for president my platform will be to stand in front of dumb white college kids and say "Millunayes and Billunayes" for an hour straight, please vote for me 2020
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Dec 9, 2016 20:02
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Fullhouse posted:just crash the housing market on purpose and then bail out homeowners instead of banks so that everyone ends up doing fine with collapsed prices. bing bing bong This is basically where I was going with my comments. If you want to reduce the cost of housing, fine. But good luck getting every homeowner in America on-board if you are just asking them to suck up hundreds of thousands of dollars worth of debt. Again, just because you own a house does not mean you are rich. Plenty of not well-off people own houses. To act like you're some woke empathetic saint and then say gently caress all homeowners because we want to help homeless people afford rent, that's not exactly super empathetic. You have to come up with an answer that doesn't eviscerate the middle class to help the poor. I'm about as left as I think most people in this thread are, but "make all houses worth $1" isn't exactly a stellar plank.
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Dec 9, 2016 20:03
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SHY NUDIST GRRL posted:Well no one is ever affording a house in our generation so the market will collapse and no one will be home owners to eat the cost Bing bing Just out of curiosity, what is "your generation?"
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Dec 9, 2016 20:04
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*hillary supporter shown the word neoliberal* "That doesn't look like anything to me." Internet Explorer posted:Just out of curiosity, what is "your generation?" Born in late eighties, pretty much anyone from there on I guess?
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Dec 9, 2016 20:04
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GlyphGryph posted:Obama has give every inclination. Imo, that he is more worried about a Leftist takeover of the Democrats than he is about Trump going to laugh when over the next few years he legitimately fights the leftists harder than he ever fought the republicans
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Dec 9, 2016 20:05
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Yinlock posted:bernie bros were A Thing but lol if you think they somehow cost hillary "charisma of a doorknob" clinton the election There are bros of every political inclination; this proves nothing. The unifying factor of Bernie supporters was absolutely not maleness or aggressiveness or a liking for Natty Ice but rather "being younger than 35 years old" zegermans posted:Hey I'm gonna run for president my platform will be to stand in front of dumb white college kids and say "Millunayes and Billunayes" for an hour straight, please vote for me 2020 "Bernie Sanders had no platform" -- a serious political commentator who really knows his stuff unlike all those dumb college kids
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Dec 9, 2016 20:07
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Acelerion posted:Regarding the DNC chair - I wonder if which faction wins is just as important as who it actually is. Ellison is extremely the establishment pick as well though? 'The establishment' is lining up behind him in a big way. So does he now bear the stink of 'establishment politician' because spoiler alert the guy that Schumer and the AFL-CIO are lining up with is 100% the establishment's choice.
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Dec 9, 2016 20:07
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RENEGADE CUCKSKY posted:if you owe $400,000 on your mortgage but your house is only worth $300,000, when you sell you still owe $100,000 on your mortgage. not many people can afford to pay 2 mortgages, or a mortgage and a rent. that's not 'on paper,' it's a real thing. if you had to sell your home or move due to financial reasons, you're probably not in any position to cover extra debt from your underwater mortgage. this is why so many people went bankrupt during the last financial crisis. Okay, so lets ignore the fact that legislators have made it so you can't legally sell a house you're underwater on in an attempt to maintain continued property value growth. You owe 400k on a loan. Let's say you pay 40k a year towards it. Now, suddenly, your house is now valued at 300k. You want to move. You have a 400k loan with 300k worth of collateral. You sell your house for 300k, and now have 300k dollars (as collateral), and a loan for 400k. This is a lateral move. You buy a new house for 300k that is the exact same in every way but in a new location, because for this example we are assuming national drops in housing prices, and use it as collateral against the loan. You are still paying off the same 400k loan. There is no actual extra debt accrued. You still have to pay off the same 400k worth of loan for a house with the exact same utility. I know this isn't how it works now in reality - I said the "on paper" stuff was important. quote:they're not paying them more than 'what its worth.' if you bought a house 10 years ago and it was worth $200,000, and now it's worth $300,000 and you sold it, you got paid 'what its worth.'
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Dec 9, 2016 20:08
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who is the establishment exactly are they bears
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Dec 9, 2016 20:08
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Internet Explorer posted:Just out of curiosity, what is "your generation?" There's like twelve definitions for millennial but i think fit in there anyway. I'm 28. I'm being flippant but I really don't know anyone that owns a house. I do have a friend who is trying though, but can't even compete with flippers on trying to find a foreclosed place.
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Dec 9, 2016 20:08
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Tatum Girlparts posted:Ellison is extremely the establishment pick as well though? 'The establishment' is lining up behind him in a big way. So does he now bear the stink of 'establishment politician' because spoiler alert the guy that Schumer and the AFL-CIO are lining up with is 100% the establishment's choice. The outgoing administration is starting some rumblings about running Perez, who differs from Keith Ellison largely in who he chose to support during the 2016 primary and that's all
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Dec 9, 2016 20:09
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