I would like to offer to pay the salaries of TSA personnel during this funding impasse that is negatively affecting the lives of so many Americans at airports throughout the country
The main reason why people have come to the assumption that you are beyond corrupt is because the only other option is you truly don’t have 1 single clue how the economy works.
Let’s roll back the tape…every economical measure was on fire under Biden’s administration and are infinitely better in the first 12 months of Trumps second term.
Yet Trump is the problem?!? You had nothing but praise for Biden’s administration destroying everything it touched and now that the bleeding has been controlled…Trump is the reason?!?
So again, it is either you’re corrupt as hell or have no idea how the economy works…which is it?!?
Okay! I don’t disagree, if the ruling today translates to the assumption made to meet this claim…since I can’t connect the dots here…can someone show me this math? I’m assuming (not that it ever could be reality) any (again, purely from a devils advocate perspective) possible POSITIVE effect that tariffs have had on the economy?? Just looking for the mathematical breakdown here…
Better yet…can he supply the formula that was used to produce this “refund”…I am assuming it should be obvious, based on the timeline. Judicial Ruling Made, calculations were run, all economic factors were considered, a receipt was produced and then press conference was held…all within 24 hours.
I’m sure I am just missing clear path but if someone could break it down for me…that would be great
@CalltoActivism Can you image the level of intentional gaslighting and economic ineptitude that is required to make this ignorant statement/stance?!?
Let’s just assume (foolishly) that Pritzker expected this outcome…so, because of that assumption…he ran the calculations that produced this (very precise) “refund” due to the (I’m assuming) citizens in the state of Illinois.
Let’s start with this…”Does JB understand what this judgement actually means?
Love claims where no explanation is provided to support it…can you explain the logic and who the 21 million people you are referring to? How was that calculated? Is it a certain location, demographic, income level, etc???
If you estimated that number, what was the data/assumptions used to come to that conclusion?
I’m not being confrontational, I’m truly interested to know. If 21 million can be logically explained and backed by factual data, I would be inclined to agree.
Problem is, no one gives me an answer when I ask this question.
Please explain so we can understand your point of view.
Thank you
Excellent precedent set to start breaking down the corruption in the medical insurance world.
I have had to pick up a full time job over the last 5 years while my son fights a rare disease. The insurance company continually denies him the medication he needs. It’s so gross that I had to learn how to beat them at their own game of denying/delaying medication. They would require him to develop additional serious conditions which will ensure a longer dependence (aka Way more money if he has to take it for the rest of his life ) versus giving it to him now because it will, more than likely, make him healthier in 6-12 months. That’s not what’s good for their board members/investors.
Anyway, I hope they keep leaning on the corruption. Anything that will take even an hour off having to fight with them to call bullshit on their terrible system. Once I get them to a point where they must approve the medication that will give my son a chance of getting healthier, faster…he then might be able to enjoy the final year of his Middle & High School years.
God forbid his health be more important to them than their pockets.
I feel bad for anyone who accepts the medical complex’s insane rhetoric about how “they know more” about my son’s health than the team of endocrinologists that have been helping him survive this horrific ordeal 🤦♂️
The CBS story left out that she was driving her “Illegal” boyfriend’s car and that’s why they were asking for ID. If the police pull you over and request your license with cause (driving a known illegal alien’s car) can someone point out where it says it’s okay to not comply? Had she given it to them, they would have let her go as they did after they found it.
I do enjoy the gaslighting from people who know what actually happened but decide to run with a false narrative though.
Thank you for supporting the laws of our country
So, there is so much wrong information in this post.
First, I’m not sure why anyone would sign a document to borrow $780,000+ for 30 years and not understand the way the payments work, etc but I’m just going give actual facts here.
Claims that were made that are inaccurate at best.
First, VA loans are the best option reserved for people who committed a portion of their life to protect our country.
First inaccurate Point: PMI without 20% down versus no PMI on a VA loan. VA loans, unless the veteran is discharged and receiving a minimum of 10% disability, when you get a VA loan at 100% financing you pay a finding fee to the VA that is financed on top of the 100% financed loan. On a $784,000 when it is your first time getting a VA loan the funding fee is 2.15% or $16,865. So the amount financed would be $800,856. If a First Time Home Owner puts 3% down on a 784,000 on conventional loan they would have an estimated PMI of around $400. Selling the house in 4 years means the VA person paid $16,865 in a funding fee and the conventional buyer pays $19,200. If the Veteran isn’t discharged and refinances the Funding fee (if not a full refi and just an IRRRL) is .5% more added to the loan or another $3,920 where as a conventional refinance would likely lower the PMI as well as the interest…but I only have the information you provided.
Second Inaccurate fact: If you refinanced and your and your loan balance is now $795,000 at 5.6% for 30 years your loan payment (on the amortization schedule in your hands) is around $4,500. The other $1,200 in your payment goes toward town/city/county taxes and homeowners insurance.
48 payments later (your 4 year selling target) you will have paid approximately $174,000 in interest and your loan balance of around $750,000 as you stated.
Average appreciation, in value, over the last 55 years is around 4% per year. Most recently, last 10 years, appreciation average is closer to 6-10%. Assuming 5% on appreciation a year for 4 years, a home would be valued at $950,000 if purchase at $784,000.
If you bought a home with a VA loan you need to wait 6 months minimum to refinance it so you’ve owned it for closer to 5 years which adds to the appreciation number but we’ll leave that out.
So, if you buy the home with $0-$10,000 out of your pocket and it appreciates from $784,000 to $950,000 you have made $156,000. Not a bad return on $0-$10k.
BUT I PAID $174,000 IN INTEREST SO I DODNT MAKE ANYTHING…KEEP READING WHY THAT IS WRONG
If you were to rent a single family residence in most areas that the average sales price is $600,000 (far below the $780,000 ish you paid) would be around $3,250. So, the rent for a single family in the area you bought in is probably higher…but let’s be conservative.
I assume if you didn’t buy…you’d have to live somewhere? Assuming you bought a house because you wanted a home of your own to live in but if the CLAIM is that mortgage lending is a scam…we have to compare apples to apples. If you could rent that house you bought for $3,250 for 4 years you would have paid $156,000 in rent for those 4 years.
After all of that general info your 2 options are:
Borrow 784,000 and pay $173,000 in interest and around 65k in taxes and insurance ($1200 per month for 4 years increasing 4% a year because taxes and insurance always go up) you will have paid around $233,000 to live and own the house. If you then sell that house at 950,000, 4 years later with a mortgage around $750,000…you have $200k profit on the house subtract what you paid the $233k for interest, taxes and insurance…you paid $33,000 plus the $0-$10k for a total paid of $43,000 to live in a house that you own for 4 years
Rent for $3,250 per month for 4 years and pay $156,000 out of your pocket.
So, you can decide to not participate in the “Home Buying Scam” that would save you a minimum of $100,000 over those 4 years or not…
…but sharing a video like this that is entirely misleading just seems a bit silly.
#HiJustin My family and I live in RI although my oldest has had residency at Boston Children’s Hospital, since being diagnosed with his rare disease, for 4 months over the last 4 years. 3 Brain Surgeries later and he just made President’s List (highest academic achievement) his first quarter back to school this year. I say that only to say this, stay strong 💪, stay positive and I wish you nothing but success and happiness for the rest of your life 👊 ❤️