I Live in Pacific Palisades and I Know Who Caused the Fire

[georgephillip]

Yeah, they are. Build the better mousetrap and the world rushes to your door.

You can post endless reems of your socialist propaganda, but that's all it is, propaganda.

Your denial is truly Trumpian:

The rich are the problem.
They have been since the end of the Roman Republic.
Swallow your MAGA swill but don't expect anyone else to.

 

[WEATHER53]

To say housing is a human right is not saying there's a human right to own a home.

Did you ever participate in NINJA loans?

NINJA Loan.

"NINJA loans, which were usually a part of the subprime mortgage market, created a burden on the credit markets before the financial crisis. When the subprime loans were underwritten, they were then sold to the 'Big Banks' and put into an asset-backed security that formed a portion of a collateralized debt obligation (CDO)."

There is no right of shelter. You have to make it happen for yourself. That nagging work and responsibility issue you and your other multiple screen names So Detest

 

[Admiral Rockwell Tory]

And it is getting worse

Only because we build more buildings to burn.

 

[Robert W]

To say housing is a human right is not saying there's a human right to own a home.

Did you ever participate in NINJA loans?

It is desired. It is useful. But a right? To get a right, if one can't provide it for themselves, they have no right to have others provide for them.
Never did my firm participate in a NINJA LOAN.
That really was only a problem if a firm used that as a product. And borrowers had to approve.

 

[westwall]

Your denial is truly Trumpian:

The rich are the problem.
They have been since the end of the Roman Republic.
Swallow your MAGA swill but don't expect anyone else to.

Your propaganda is truly Fabian socialist. The rich pay to have things made. If there were no rich you would have starved to death long ago.

You can spout your idiotic nonsense, but no thinking person will pay you any attention.

 

[Robert W]

Your propaganda is truly Fabian socialist. The rich pay to have things made. If there were no rich you would have starved to death long ago.

You can spout your idiotic nonsense, but no thinking person will pay you any attention.

When Democrats attack the rich, they bury themselves. As you accurately report, the Rich is the hub of the economy.

 

[georgephillip]

It is desired. It is useful. But a right? To get a right, if one can't provide it for themselves, they have no right to have others provide for them.
Never did my firm participate in a NINJA LOAN.
That really was only a problem if a firm used that as a product. And borrowers had to approve.

Do you expect infants, toddlers. and pre-schoolers to pay market rates for shelter?

How Does Homelessness Impact Child Health and Developmental Outcomes?.

"Every child deserves a safe, stable home every night. It is a basic need for all children.

"And yet, a 2021 study found that as many as 1.3 million infants, toddlers and preschoolers — 1 in 18 children under the age of 6 — experience family homelessness each year in the United States."

 

[georgephillip]

Your propaganda is truly Fabian socialist. The rich pay to have things made. If there were no rich you would have starved to death long ago.

You can spout your idiotic nonsense, but no thinking person will pay you any attention.

The rich bribe government to forge policies that transfer income and wealth upwards from the bottom nine deciles to the top ten percent.

How much has been transferred over the past 50 years?

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure

"A staggering $50 trillion.

"That is how much the upward redistribution of income has cost American workers over the past several decades.

"This is not some back-of-the-napkin approximation.

"According to a groundbreaking new working paper by Carter C. Price and Kathryn Edwards of the RAND Corporation, had the more equitable income distributions of the three decades following World War II (1945 through 1974) merely held steady, the aggregate annual income of Americans earning below the 90th percentile would have been $2.5 trillion higher in the year 2018 alone.

"That is an amount equal to nearly 12 percent of GDP—enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month.

"Every month.

"Every single year".

 

[LAUGHatLEFTISTS]

Recall Newsom......Again.

And they’ll steal it again.

 

[gipper]

The rich bribe government to forge policies that transfer income and wealth upwards from the bottom nine deciles to the top ten percent.

How much has been transferred over the past 50 years?

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That's Made the U.S. Less Secure

"A staggering $50 trillion.

"That is how much the upward redistribution of income has cost American workers over the past several decades.

"This is not some back-of-the-napkin approximation.

"According to a groundbreaking new working paper by Carter C. Price and Kathryn Edwards of the RAND Corporation, had the more equitable income distributions of the three decades following World War II (1945 through 1974) merely held steady, the aggregate annual income of Americans earning below the 90th percentile would have been $2.5 trillion higher in the year 2018 alone.

"That is an amount equal to nearly 12 percent of GDP—enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month.

"Every month.

"Every single year".

Income inequality could lead to a revolution.

Productivity has greatly increased since 1980, yet workers wages have flat lined. Where has all the wealth generated by workers gone? To the top 10%, with the top .01% making enormous gains. This while the cost of living has skyrocketed, homeless and poverty greatly increased, and indebtedness of millions of Americans also skyrocketed. Also while tax cuts and tax breaks for the wealthy have been instituted.

It’s a recipe for revolution.

 

[Robert W]

Do you expect infants, toddlers. and pre-schoolers to pay market rates for shelter?

Hell no. Why ask that silly question?

 

[georgephillip]

Hell no. Why ask that silly question?

Because you posted this claim regarding housing as a human right:

It is desired. It is useful. But a right? To get a right, if one can't provide it for themselves, they have no right to have others provide for them.

Children are obviously unable to provide housing for themselves, so it would seem others should provide their shelter.

I have personally experienced homelessness multiple times through out my 77 years, and I always knew my actions, or lack thereof, put me on the streets. Children by contrast are generally not responsible for their lack of housing.

 

[georgephillip]

Income inequality could lead to a revolution.

Productivity has greatly increased since 1980, yet workers wages have flat lined. Where has all the wealth generated by workers gone? To the top 10%, with the top .01% making enormous gains. This while the cost of living has skyrocketed, homeless and poverty greatly increased, and indebtedness of millions of Americans also skyrocketed. Also while tax cuts and tax breaks for the wealthy have been instituted.

It’s a recipe for revolution.

We've seen two major events in the first 25 years of the 21st Century that held the potential for a revolutionary response: 9/11/2001 and the Great Recession of 2008.

The escalating tensions across the Middle East and Ukraine could generate loss of American life similar to 911, and Trump's impending deregulation 2.0 of finance might throw gasoline on that open flame:

Wall Street Watchdog Warns “Clock Is Ticking on a Coming Catastrophic Financial Crash”

"'…there is always a lag after deregulation and the creation of artificial liquidity. That was true for ‘roaring ‘20s’ followed by the crash and Great Depression; the ‘great moderation’ of the early 2000s followed by the crash and Great Recession; the deregulation of the first Trump administration in 2017-2020 that led to the 2023 banking crisis when 3 of the 4 largest bank failures in US history happened. Much worse is likely to happen next time.'"