panhead
Well-Known Member
It appears as you were addressing me so i'll respond .
Mandated lending was far less a disaster than the above income bracket lending pushed thru for the middle class by greedy lenders backed by HUD, people with $80k incomes were allowed to buy $300k homes , that fiasco cost taxpayers much more than mandated lending .
Being a landlord & speculator im extremely aware of alot of the issues with welfare bums ,so aware that we do not rent to anybody who dont work & who's rent & security deposit comes from the state because they have destroyed our homes every last time ive taken a chance & accepted them as tennants .
As to President Obama ive made it clear i do not like alot of Obama's decisions & i dont care for him as a president , i got called a stupid racist bigot for saying im not a big fan of him but IMO he was the best option we had at that time [/QUOTE]
I dont feel stupid at all , i pay an enormous amount of income & property taxes & have no problem with some of my tax dollars going to less fortunate people who want to work or are unable to work , i do not support sloth or intentional denial of work in order to collect from the state .
If i found somebody desperate enough to mow my 6 acre lawn for $20 it does not make me in the right just because they are desperate , thats why i paid fair wages for work performed on my behalf .
I agree 100% that there are huge numbers of slugs who refuse to work , i just pointed out in this thread i have a godson who leaches off welfare vs working & refused to take a $12 an hour full time job my son offered him , you'll get no arguement from me on that , im also aware of the housing fiasco more than most ,the main source of our income comes from buying foreclosed homes from HUD, remodeling them & flipping them for max appraisal values , we employ a full time Journeyman Electrician @ $70k a yr as well as a full time Journeyman Plumber @ $57k a year & a helper to remodel & maintain our propertys , the 3 are experts in all aspects of remodeling & are well paid , both Journeymen are my wifes little brothers .There are people who can have a job but don't want to work. Thanks to the liberal policies of Obama like Barney Frank who came up with a program of housing entitlement by mandating financial institutions finance a house to those who didn't have the means to pay back loans..
Mandated lending was far less a disaster than the above income bracket lending pushed thru for the middle class by greedy lenders backed by HUD, people with $80k incomes were allowed to buy $300k homes , that fiasco cost taxpayers much more than mandated lending .
Being a landlord & speculator im extremely aware of alot of the issues with welfare bums ,so aware that we do not rent to anybody who dont work & who's rent & security deposit comes from the state because they have destroyed our homes every last time ive taken a chance & accepted them as tennants .
As to President Obama ive made it clear i do not like alot of Obama's decisions & i dont care for him as a president , i got called a stupid racist bigot for saying im not a big fan of him but IMO he was the best option we had at that time [/QUOTE]
Before i retired i made around $200k a yr from my job with bonuses,much of it untaxed money earned outside the USA , my wife made around $60k teaching & our businesses brought in about $300k yearly so total income was right around $500k a year when we both retired, now that we gave both businesses & all 23 rental homes to our sons our yearly income is right around $120k a year ."How much money do you make? You're probably one of these middle class people the very beliefs you support harm, how goddamn stupid do you feel?".
I dont feel stupid at all , i pay an enormous amount of income & property taxes & have no problem with some of my tax dollars going to less fortunate people who want to work or are unable to work , i do not support sloth or intentional denial of work in order to collect from the state .
I understand these concepts very well & worked my ass off to get what we have , i dont want to get into a who's wallet is fatter contest but we own both of our homes , have zero debt & have posted pics on this site of 6 figure amounts of cash we have to store at home because the bank has enough of my cash they'll tax my kids on when i take the dirt nap , were far from broke looking for handouts , we worked hard all our lives , i worked to the point ive done permenant damage to my spine , was 3rd degree burnt 12% of my body , had fingers amputated & could of sued for millions vs taking a settlement & working hard another 20 yrs .I don't have to work anymore, not "for the man" like I said in a previous statement about my assets. We have 6 figures in the bank, investments, a farm and luxury house. It's called delayed gratification, hard work, concepts you and the other RIU communist pukes wouldn't understand.
I also support capitalism & free enterprise but not on the backs of slave labor , i support a level playing field not where goverent allows big business to underinflate wages , hire illegals & pay them 1/4 of their value , or to create an adversarial workplace where workers are in fear of loosing jobs & accept substandard wages & work in unsafe environments , i do not agree with right to work laws or any of the shady business pratices that go hand in hand with RTW laws .I support free enterprise, capitalism. It's the only way to prosperity
If i found somebody desperate enough to mow my 6 acre lawn for $20 it does not make me in the right just because they are desperate , thats why i paid fair wages for work performed on my behalf .