Hilarious Anti- American comments here, some of you spoiled liberals are too young to remember the hostage crisis of 1979, or the massacre of 1978 perpetrated by none other than Iran, this was a foregone decision to warn Iran we will no longer tolerate disrespect for us or any of our allies, Iran had a chance to respond to make peace, but they declined. Seems nobody had a problem with Obama in his 2011 decision to intervene in Libya, and several others during his better than average presidency, and to all the whiny white young liberals, don’t you know Iran is one of the worst in the world when it comes to woman’s rights? Why don’t you fight for that instead of fighting your own president?
Didn't realize that Hamas, Hezbollah & the Houthis were a Democracy/Government entity. You're an idiot if you think that those proxies weren't funded by Iran.
Stay out of the USA's lane foreigner.
Noble Peace Prize for President Trump
President Trump announced Monday that Israel and Iran have agreed on a "Complete and Total" ceasefire, a move he said would end a more than weeklong conflict between the two countries.
Pakistan has formally recommended US President Donald Trump for the Nobel Peace Prize, others will join in support...........
Gas dropped $9 a barrel, market up again tomorrow, could be peace over there for the first time in 5 decades !
Great day for the country and the world ! Now if we can get this Soros sponsored hack Jerome Powell to lower interest rates since Inflation has dropped 2% will get the housing market, auto & credit cards on their heads again, definitely better than where they are at ! Also, saving a trillion dollars in interest alone on this 37 trillion dollar shit hole were in.
God Bless America !
@HayHay2
If people are already priced out of new housing, please explain how lower rates are going to help people buy a house? If people are tapped on credit cards and delinquencies are increasing, please explain how lower rates are going to help? And lets be real, credit cards won't lower their interest rates because the FED does. Have you ever seen CC drastically lower rates? If delinquencies are increasing, why the hell would anyone lending money want to lend more money at lower rates? You do realize when banks lend and defaults happen, the responsible people pay, right?
Yeah Trump is losing the few marbles he has left on untruth social because neither country is abiding by the fake ceasefire. Big shocker. The art of No Deal. The fact people celebrated this announcement reflects how clueless MIGA truly is on Middle Eastern affairs. Israel has a long proven track record of violating and ignoring ceasefires. Perhaps you should look into the Gaza situation. By the way Trump's Nobel peace price nomination was withdrawn this morning. 
@BigGame90
Correct on most all counts of that reply. CC companies do not change rates no matter what the FED does, home interest rates are higher than ZIRP but in the past Ive had several mortgages at higher rates than now exist, people think that ZIRP is a given and an expectation when ZIRP style market rates are a good portion of what caused the crash in 2007-2010 people who should not have been buying a home did using teaser rates which adjusted and wrecked the markets along with greed of mortgage packaging companies. I consider that moderate rates are good for the real estate market, they deter fringe people considering that are likely not prepared for the true cost of home ownership and upkeep and those fringe buyers are what can cause damage with foreclosures and bad payment histories.
Powell is a Soros bot, this is one of the funniest things I have read on here in the last hour, Powell is an economist and financial dood his politics NEVER are shown he follows the FED blueprint and that is the only consideration he has. I think the FED screwed up letting ZIRP go through the end of Obama and all of King Trump part I when the need for ZIRP was long gone and Powell was falsely pretending that the FED can stimulate inflation which they cannot no more than they can suppress inflation just using their blunt tools.
@wallstreetcappers
Still waiting to hear a logical explanation on why people think the FED should lower rates. All I seem to hear/read is "FED needs to lower rates. Period". I know this is off topic to this thread, but I will continue to ask people why they think rates should come down right now.
Powell has never shown his cards and he's doing a great job at not taking sides. I couldn't believe some of the questions from congress today towards Powell. They each had 5 minutes and some of them just hammered the same shit over and over it was actually pretty discouraging to hear congress take part today.
Everyone was greedy back before 08'. Banks were collecting massive fees on loans and then bundling and selling off, home owners were cashing out on elevated appraisals while taking on adjustable rates (hell they had to bring in interest only and then the most ridiculous of them all the Neg am loans to keep feeding the beast). The ones that didn't get greedy ultimately paid the price (in the shorter term). Banks got bailed out and nobody took responsibility, home owners were allowed to basically cash out and then not pay for 12-16 months while the house was in foreclosure and then were able to repurchase after 3 years (used to be 7 after a bankruptcy or default). The ones who made out are the ones that bought the dip and the banks that didn't shut down.
I'll digress as this is off topic was brought in and mostly off topic for the thread.
@BigGame90
If The Fed lowers interest rates it makes it that much easier for consumers to consolidate debt and get a low interest rate loan to do so. In my life experience the increased apprasials on my home in the 2000's allowed me to get a second mortgage and with the low interest rates I was able to pay off stupid CC debt and also buy back retirement time that I had to giveup when changing employers in my late 20's. It was a gamechanger in my life!
Sold my home during the 2008-09 crash and paid $10,000 out of pocket at closing due to that second mortgage and reduced apprasial but still it has paid off ten fold.
I can understand Powel hesitating as inflation could be just above 2% this year and I understand Trump and Repubs stomping their feet as reduced rates spur consumer confidence in spending. And yes, credit card companies do decrease and increase their prime with Fed rate changes. Usually those with top credit scores benefit most and those with bad scores do not. That's my take.
Pong yang has not declared war on US in backing of Iran. Iran and Israel have agreed to a cease fire.
Trump is in Hague Netherlands working in a joint meeting with heads of state of NATO partnership.
Zelensky is meeting with erogan of turkey before his departure to the Hague. Putin is directing in ambassador draft language to formerly condemn attack against nuclear refinery facility under watch of the UN atomic energy commission.
Netanyahoo can not take a peace plan right now his administration remains popular during these crisis and he must continue his relevance.
Trump , and smaller team will be discussing payment initiated to fund escalation of crisis of proxy wars with Russia the current theaters Iran and Ukraine. Russia supplied terhan with air defense system it is a sa 400 package. And it failed in face of the strikes.
Ukraine is now a possible arms supplies many munitions and weapon system came from Iran.
Iran and north Korea are principal trading partners and Putin alluded to nations willing to sell Iran guard the bomb in a press conference.
..... June 25rh.
@DeezyAZ81
Regardless they have no Nucs, thats the #1 issue but back to your post, no shots have been fired since your comments, now what say you?
Only people crying right now is Obama for funding their Nuclear facilities in the tune of 160 Billion in cash. The deposit was delivered in the middle of the night on sod crates since the banks refused to ACH it. Add another 50 Billion plus by Empty Suit. Not good decisions by either but Obama was the King of Terrorism thats a given. Hell, we had 16 terror attacks on U.S. soil ALONE from San Bernardino to Orlando over to Boston. The country lived in fear from Isis his JV team to Allahu Akbar chants across the country !
God Bless America !
@HayHay2
You talk like anything Trump does is a grand approach to deal with Iran as if this resolves the matter and nothing else will come. That is premature and false, there is growing suspicion that the targets were not taken out AND that Iran was a few steps ahead of Trump by being prepared on how to secure their stock. If Iran wants to make nukes they still can and they will if they are motivated. I am not convinced they had anything and for sure the US was not at any risk, we did Israel's bidding as it protects their citizens and THEIR nukes, this did nothing but add costs to the US and increased the terror risk by inciting those on the fringes who look for opportunity and reason to take action against the US.
You also talk like the only measure of results is to bomb someone or to berate them or to try and control them, this is also false and is not the way our country approaches diplomacy and agreements with our enemies and our allies. The approach Obama had was different than Trumps and had many positives and less risk than this current approach has. I would say Trump's pal in North Korea is a greater terror threat than Iran is and he is self isolated there are not regional allies and cohorts that could cause risk to the US compared to Iran.
Bush made promises with this same stupid approach regarding Iraq that the strong arm approach would yield results and benefits, that has not been the case and the cost for his bully military approach was the loss of millions of lives, the cost of trillions of cumulative dollars and the overthrow of regional calm where women and minorities had freedoms and opportunities. Bush gave the reigns to the religious minority and it has been nothing but degrading chaos since, the same will be true if we continue down this awful path.
As usual the military half wit decision thinking will not work, it does not work and there is zero upside to appeasing Israel while enraging a much more serious terror threat, this gained the US absolutely nothing and we take the greater risk in the process.
Dont take it personal guys - but the Nobel Prize is a Nordic European prize - and we would never give it to the orange clown unless he does some real achievements - he might fool you guys (we are smarter than that - which is also part of what makes it an exclusive award a lot of people want to win) - it would be equaliant of Trump nominating Epsteins homevideo for the Oscar award - and draw the conclusion it would win the best movie award just because it was nominated
@BigGame90
They are priced out of housing for two reasons, Biden's inflation and people are staying put because they either refinanced at 3% rates or bought a house at 2.75% during the Trump Administration. Home prices are coming down especially new home construction, the incentives are strong but rates are crippling ! You will see another boom in early 26 when rates come down, the HARD CORE facts is the NATIONAL DEBT of 37 trillion is PAINFUL! Hopefully these tariffs give us some relief and we balance the budget.
When Obama took office the country was 9.5 Trillion in debt, he added over 9 trillion himself taking it to over 19 Trillion. The economy was cruising under Trump, homes, auto's, gas, no wars, no inflation until the MAN MADE CHINA VIRUS was introduced to ruin his success and 2nd term. Mail in ballots killed him, 5 million non registered voters participated in the election and you can guess who 100% of them voted for. Additionally, the Govt has been looting Fannie Mae for years and put them under a FAKE conservatorship to bail out the TBTF Banks. They are still under a GOVT stranglehold but its about to end soon! The new FHFA Director Bill Pulte is leading the exit of conservatorship and bringing these fortune 500 companies back to serving the American people verse the Federal GOVT for pet projects. Did you know President Obama stole from innocent shareholders at FNMA to fund Obama Care and keep it a float? Most people don't, nor care ! He actually went as so far to seal 11,000 documents using executive privileges on MTG FINANCE - LMAO as to why he was sweeping their capital to the general treasury creating what they call the Net Worth Sweep, Criminal !
Bill Pulte, NEW FHFA Director is questioning why closing costs are so high, you will see relief here too. Pulte also invested in AI to detect MTG fraud which now can be detected in 60 seconds verse 60 days manually. MTG Fraud is huge in the MTG space, more savings ! The latest is a scoring model that will allow renters who have a valid paper trail now qualify for housing of a similar payment. 2026 looks bright especially since Jerome Powell's tenure will be up. Huge fraud was taking place at the FHFA too, people in China were on the payroll never stepping foot in the office, another lady was working their 8 months, received a 2 mill settlement, no one knows why ! Fannie Mae and Freddie Mac were paying 53 million a year in rental space for operations with an AVG of 49 people showing up for work a day out of 16,000 employees. The corruption is rampant !
The Fannie and Freddie scandal is the biggest theft in the last 100 years, the Conservatorship was supposed to be temporary implemented by Bush and Paulson but Obama just couldn't help himself, the looting was just too good ! It's all about to come to ahead and shareholders will be getting their rightful belongings soon !
Where's is Mr Fauci these days, he was virtually wrong about everything, is he still in hiding or borrowing Biden's basement ?
God Bless America !
@HayHay2
Bill Pulte...lmao I could handle some of this Trump good Biden bad stuff but then you bring in Pulte, why would you try and cheer Pulte who has a teeny itsy bitsy conflict of interest given that the public company worth is dependent on the new home market? Pulte is the last guy you would want to be running a Federal agency meant to keep the cheating builders in line and stop fraud towards the average US citizen. I suppose he is better than the MyPillow dude or McMahon or that 21 yr old intern. It would be more suitable that Trump hired a masonry worker on a subdivision named after him at least then the guy would not have massive conflicts of interest.
Maybe Doug Yearley or Ara Hovnanian didnt give Trump enough side cash to win the gig so he had to settle for lowly Pulte instead, having the fox in charge of the hen house is right on par for Trump.
The economy was humming because Obama ran a solid second term and the FED was still on ZIRP, blame Covid all you want but things got more difficult when the FED stopped with the free slush fund for corps and the government. Trump did almost zero of economic value for the common citizen, he gave tax freebies to corps and took a sledge hammer to the tax code to benefit higher bracket earners (and the worst is still coming as breaks are ending and have been the last two years). Trump had three of the easiest most accommodative rate years than any other president in history, Powell should be on the payroll he made it easy and Trump could spend like a drunk sailor with no recourse. Well the recourse has been felt by Biden and now 5 months for Trump but I dont recall Biden throwing social media tantrums about Powell, I guess that shows who is more mature and less obtuse.
@HayHay2
Nice write up and I agree with you. I'll have to look into the Fannie and Freddie scandal that you talked about as I'm always ready for another rabbit hole to dive down.
Lowering rates will allow more people to qualify, however, sellers will eventually raise prices as demand is picking back up due to expanding the qualifying pool. I think we're still in the middle stages of sellers realizing they lost a lot of qualified buyers as rates have been increased which in turn caused prices to come down to allow a larger groups of qualified buyers. I believe this is why homes have been actively been cutting listing prices. Currently, banks are making higher interest while lending less. So lowering rates might help in the immediate by opening up the qualifying pool while the long term would most likely push more buyers back out as prices rise since demand is higher, right? So do you really fix "elevated" prices by lowering rates? If credit is maxed for most and most people are tapped, who's going to qualify if we lower rates right now? What happens if we lower rates and then face a recession right after because rates are low and demand is also low?
I've been noticing large construction for multi unit family's being built and it really seems like the pace has slowed to a snails pace right now while they wait for the empty units to sell. If they need to sell to finish the build, they are in trouble and lower interest rates won't help. My guess on that is because the builders are offering 5% and they are still not selling. So I don't think there's a short in supply otherwise they'd have more incentive to pick up pace and finish. If they need to sell in order to finish, they are in trouble.
I think the banks are the only ones that was to lower rates considering the ZIRP that WallStreet was referencing.
@wallstreetcappers
Your high, Obama market humming, laughable !
He literally killed housing bringing them to 1980 levels.
GDP lowest in history, humming ?
Terrorism nightmare, here and globally !
Set welfare and food stamp records, only jobs he created was at Target, Home Depot and Bar Maids.
Shrunk Military to 1940 levels
War on cops
Debt from 9 trillion to over 19 trillion
Can you name the 16 terror attacks all of them of U.S. soil ?
Obama gas avg was $2.90 - 3.00
Trump 2.22 AVG
Obama wars, Trump no wars and Trump 1st President ever to fill oil reserves 100% which Biden now has depleted !
Okay, I'm convinced !
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