President Donald Trump - J.D. Vance Administration

#47,576
#47,576
BigOrangeMojo said:
Point is artificial demand (like in 2005 when dogs were getting aporoved for mortgages or 2021 with 2% mortgage rates) creates cost increases.

All this will do is drive up costs....
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Yes. I understand. Yes it will get more expensive but it will also get more affordable.
 
#47,577
#47,577
allstar34bd said:
They may get a small percentage of the back end gross; but most manufactures actually have captive financing and you lose rebates if you don't finance with them (GM Financial for example sometimes does this)

Also, there is nothing stopping you from financing with GMF and going to refinance a month later once you can get a 10 day payoff.
I'd recommend helping the dealer though, see what the minimum amount of months that you have to stay with the captive lender is so they don't get a chargeback.
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I buy year old certified used cars so no rebates.
 
#47,579
#47,579
McDad said:
Yes. I understand. Yes it will get more expensive but it will also get more affordable.
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But if the housing prices increase is it really more affordable? I’m sure the 50 year loan will also have a higher interest rate.

It’s just another way for banks to make even more money and people continue to be enslaved to the system
 
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#47,580
#47,580
50 year home loans honestly make me realize why the youth voted in that Communist Scumbag... They truly have no hope, slaves to debt... IF they ever have an opportunity to get approved on the financing. What is the future for a 20 year old kid?
 
#47,581
#47,581
allstar34bd said:
50 year home loans honestly make me realize why the youth voted in that Communist Scumbag... They truly have no hope, slaves to debt... IF they ever have an opportunity to get approved on the financing. What is the future for a 20 year old kid?
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I cant imagine how much the bank will make off a 50 year mortgage. My wife’s VW we got it when VW offered 0% interest rate on her model
 
#47,583
#47,583
BeardedVol said:
You have zero actual counterargument because the Republican alternative, has been literally nothing.

Over a decade and not one of you has come up with a viable alternative.
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Deregulate the insurance industry and allow competition across state lines.


There
 
#47,588
#47,588
McDad said:
Yes. I understand. Yes it will get more expensive but it will also get more affordable.
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Id argue that it would cost more and be less affordable

Let's say you have a 500K house. 30 year loan. 5% interest. P&I would be $2,684.

Now, let's say you have a 5% cost increase due to the artificial demand created. 50 yr loan at 6%.P&I is $2,764 a month. Even if you had no cost increase, P&I would be 2,634 a month...
 
#47,589
#47,589
Smokey123 said:
But if the housing prices increase is it really more affordable? I’m sure the 50 year loan will also have a higher interest rate.

It’s just another way for banks to make even more money and people continue to be enslaved to the system
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Yes! My goodness, why is this so hard to understand?
For most consumers, A $3000 per month payment for 40 years is more affordable than a $4000 a month payment for 30.
It has nothing to do with the price. It has everything to do with the payment.
 
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#47,590
#47,590
BigOrangeMojo said:
Id argue that it would cost more and be less affordable

Let's say you have a 500K house. 30 year loan. 5% interest. P&I would be $2,684.

Now, let's say you have a 5% cost increase due to the artificial demand created. 50 yr loan at 6%.P&I is $2,764 a month. Even if you had no cost increase, P&I would be 2,634 a month...
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Ok
 
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#47,592
#47,592
McDad said:
Yes! My goodness, why is this so hard to understand?
For most consumers, A $3000 per month payment for 40 years is more affordable than a $4000 a month payment for 30.
It has nothing to do with the price. It has everything to do with the payment.
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a 250k loan at the average rate of 6.22 for 30 years is $1530. 50 years brings it down to $1350, the interest will be more if we bring that up to 7% $1504. Where is the savings? This also doesn’t account for the negative impact it will have on the housing market
 
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#47,596
#47,596
McDad said:
Yes. I understand. Yes it will get more expensive but it will also get more affordable.
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Likely nobody is taking on a 50 year mortgage on their dream home to try to pay it off. It makes some sense on a starter home to offset the cost of mortgage insurance. Probably better financially than renting.
 
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#47,597
#47,597
SpaceCoastVol said:
Competition lowers prices Einstein
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Decreasing premiums doesn't solve the problem of uninsurability, nor is there any guarantee that premiums would decrease in any meaningful amount.

A more likely outcome is a race to the bottom with more people being denied coverage, and we're back to square one with healthy and wealthy people having more options, while everyone else is left with high premiums, or being denied because of pre-existing conditions.
 
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#47,599
#47,599
BeardedVol said:
Decreasing premiums doesn't solve the problem of uninsurability, nor is there any guarantee that premiums would decrease in any meaningful amount.

A more likely outcome is a race to the bottom with more people being denied coverage, and we're back to square one with healthy and wealthy people having more options, while everyone else is left with high premiums, or being denied because of pre-existing conditions.
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You mean like the good Ole days before Obama? Some people forget how much the ACA has helped so many Americans.
 
#47,600
#47,600
Fact: Donald Trump is dumber than dirt.

Seriously. Considering he's a billionaire, I just find it absolutely striking that he doesn't even have the mathematical aptitude of a 5th grader. And this puts aside the absolutely undeniable fact that he literally speaks at a 5th grade level, as well.

Need proof our President is a moron?

Go to 5:25 in this video. It's absolutely cringe worthy.

I can't believe this guy is the "leader of the free world". Idiocracy incarnate.



CORRECTION: Trump speaks at a 4th grade level.

At what grade level does president Trump normally speak?

President Donald Trump's speaking style has been analyzed using the Flesch-Kincaid readability test, which estimates the U.S. grade level required to comprehend the text based on sentence length and syllable count. Multiple studies of his unscripted speeches, interviews, debates, and off-the-cuff remarks consistently place his language at a **4th-grade level**—the lowest among the last 15 U.S. presidents.

### Key Findings from Analyses:
- **Factba.se Analysis (2018)**: Examined the first 30,000 unscripted words from each president since Herbert Hoover. Trump's Flesch-Kincaid score was 4.0, with the simplest vocabulary (2,605 unique words) and shortest average sentence length. This gap to the next simplest (Harry Truman at ~5.0) was the largest recorded.
- **2016 Campaign Study (Kayam, 2018)**: Analyzed 10 interviews and debates using Flesch-Kincaid, SMOG, and Gunning-Fog formulas. Trump's language required a 4th- to 5th-grade level (ages 9–11), compared to an average 9th-grade level for other candidates.
- **Carnegie Mellon University (2016)**: Campaign speeches scored most candidates at 6th–8th grade, but Trump at 4th–7th grade depending on the metric (vocabulary vs. grammar).
- **Politico Analysis (2015)**: Debate responses scored at 4th grade; a news conference at 3rd grade, emphasizing heavy use of simple words like "great," "very," and "I."
- **Recent Reddit Data Visualization (2024)**: Over 1,000 transcripts and 4 million words from campaigns confirmed Trump at the lowest grade level (~4th), with no downward trend over time.

Note that scripted speeches, like State of the Union addresses, score higher (e.g., 8th grade for Trump's first), but the question focuses on his "normal" speaking style, which refers to unscripted content. This simplicity is often attributed to his media-savvy approach for broad accessibility, though it contrasts with more complex historical presidents like Abraham Lincoln (11th grade).
 
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