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markodochartaigh

(5,250 posts)

31. It means an incredible buying opportunity.

Mon Mar 10, 2025, 12:15 PM

Mar 2025

Seniors will be forced to sell their homes into a market rapidly spiraling downward in order to get money for their living expenses. Seniors will lose their homes and the next generation will lose their inheritance. But hedge funds will have an incredible buying opportunity as they buy up homes in bulk for pennies on the dollar in cash.

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rampartd intrepidity bamagal62 byronius usedtobedemgurl raging moderate

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"They will never get rid of Social Security" [View all] edhopper Mar 2025 OP

I know XanaDUer2 Mar 2025 #1

Fortunately, Social Security is codified by Congress. That's tougher to overturn, unlike a Sup Court ruling from 1970s. Silent Type Mar 2025 #2

Trump is ending a lot of things edhopper Mar 2025 #3

Examples? Firing employees, as bad/unnecessary as that is, isn't ending a program. Silent Type Mar 2025 #4

Defunding a dept or program edhopper Mar 2025 #5

Congress cutting or defunding something is a different matter, with different people to blame. Musk does not Silent Type Mar 2025 #6

Muskrat doesn't directly control, his hackers do. FoxNewsSucks Mar 2025 #8

The Doges are in the Data Warehouse JustAnotherGen Mar 2025 #9

Trump works for Putin edhopper Mar 2025 #15

Here we go again - TBF Mar 2025 #20

Mid Terms 50/50 Jazz Jon Mar 2025 #29

My phrase was "fair mid-terms" - TBF Mar 2025 #32

Last I heard, it did quakerboy Mar 2025 #36

Hope you are right. Jazz Jon Mar 2025 #54

Give Republicans credit...they played the long game with Roe, worked to overturn it for elocs Mar 2025 #48

Yes, I do. But if you want to live in fear, that's OK. I don't. Silent Type Mar 2025 #41

No, you're too busy selling their talking points. nt TBF Mar 2025 #99

Yep! So many are confident that we will crush them in the midterms. elocs Mar 2025 #44

If SS was eliminated tomorrow you would literally have societal collapse in a month DemocratSinceBirth Mar 2025 #28

It means an incredible buying opportunity. markodochartaigh Mar 2025 #31

Social Security will pay out 1.6 trillion dollars in 2025 DemocratSinceBirth Mar 2025 #37

The markets would crash. Bank runs markodochartaigh Mar 2025 #55

What's in it for them if they cause a depression? DemocratSinceBirth Mar 2025 #56

It isn't just about money. markodochartaigh Mar 2025 #58

Why would a sane person want to rule over ruins? DemocratSinceBirth Mar 2025 #60

What is sane? markodochartaigh Mar 2025 #61

How does Bezos's business model work if people are broke? DemocratSinceBirth Mar 2025 #62

That's partly why I wonder if such things (destroying Soc Sec, the Medi's, and collapse) really make sense to some... electric_blue68 Mar 2025 #70

I assure you Bill Gates, Tim Cook, and Jeff Bezos don't respect Trump. DemocratSinceBirth Mar 2025 #74

Eww, hadn't heard about Gates's daughter. He's so disgusting, besides all his other hideous qualities.. electric_blue68 Mar 2025 #80

Better to rule in Hell creon Mar 2025 #75

Whose money? Everyone is broke. DemocratSinceBirth Mar 2025 #79

Deflation creon Mar 2025 #85

If money is no longer a means of exchange how do people pay for goods and services? DemocratSinceBirth Mar 2025 #87

Barter creon Mar 2025 #90

But who do you think they'd shoot? Trump? Musk? defacto7 Mar 2025 #63

Probably each other. A man, a starving family, and a gun is a scary prospect. DemocratSinceBirth Mar 2025 #65

It is not being embarrassed by the blackmail material mother russia usedtobedemgurl Mar 2025 #94

You Are Exactly Right Baron2024 Mar 2025 #66

I said there would be bank runs. DemocratSinceBirth Mar 2025 #67

You Are Right Baron2024 Mar 2025 #68

This economy is huge and complex. We saw it during The Great Recession. DemocratSinceBirth Mar 2025 #71

Suicidal Baron2024 Mar 2025 #78

And those who don't own a home, rent an apt. and barely make ends meet each month? Justice matters. Mar 2025 #69

Exactly, it would collapse. Oligarchs would lose what they have too. Kochs, Musks, etc., depend on little people buying Silent Type Mar 2025 #42

I see posters talking about recipients losing their homes and vultures buying them up. DemocratSinceBirth Mar 2025 #45

My feeling too. Although, sometimes it's more a Hope than certainty. Silent Type Mar 2025 #46

What do they think will happens when sixty one million people don't get their benefits? DemocratSinceBirth Mar 2025 #47

Trump is an idiot and isn't in charge krkaufman Mar 2025 #50

The Plan Baron2024 Mar 2025 #72

Nice you're so sanguine. NoRethugFriends Mar 2025 #82

Firing much of the SSA ... krkaufman Mar 2025 #49

So was USAID relayerbob Mar 2025 #23

This message was self-deleted by its author rich7862 Mar 2025 #52

The attempt will be made creon Mar 2025 #76

That's for sure. Anything could happen, but not likely they'll be successful. Silent Type Mar 2025 #77

I expect that the attempt will be made. creon Mar 2025 #86

And, we'll -- including tens of millions of GOPers -- will oppose their attempt. Silent Type Mar 2025 #88

I think so creon Mar 2025 #89

Apparently not a single DOGE person has an elderly mother PoindexterOglethorpe Mar 2025 #7

They could take my JustAnotherGen Mar 2025 #10

Never say never. Just ask women. William769 Mar 2025 #11

FWIW a more realistic likely scenario would be the privatization anciano Mar 2025 #12

Privatizing Social Security would mean dumping whathehell Mar 2025 #21

Dubya's plan as I recall only would have applied to workers anciano Mar 2025 #25

Yup, and they still rejected it.. whathehell Mar 2025 #43

Doesn't seem all that radical ... krkaufman Mar 2025 #51

Nothing may be "all that radical" for Trump, whathehell Mar 2025 #57

That's what I used to say - TBF Mar 2025 #22

Courts are not powerful BonnieJW Mar 2025 #93

Yes that is also a good point. nt TBF Mar 2025 #98

I think that sometime this year this Administration will turn off the consumer GPS system and only allow LiberalArkie Mar 2025 #13

Who thinks 73,000,000 Americans DownriverDem Mar 2025 #14

And what will they do? edhopper Mar 2025 #17

But he can break it beyond repair Lars39 Mar 2025 #16

They have ways to sabotage and undermine it in stages IronLionZion Mar 2025 #18

Denial ain't just a river in Egypt -- TBF Mar 2025 #19

Yep. They will Bettie Mar 2025 #24

If they do the economy will go into an immediate economic implosion resembling the Great Depression. JohnSJ Mar 2025 #26

Some people would literally starve. DemocratSinceBirth Mar 2025 #38

Probably worse. SammyWinstonJack Mar 2025 #59

Repubs have been trying to kill it since its inception. I don't expect them to stop trying...nt Wounded Bear Mar 2025 #27

In 1994 when the the Repukes held Congress INdemo Mar 2025 #30

They do. People don't listen. TimeToGo Mar 2025 #81

Social Security and Roe vs Wade are two completely different things. Apples and oranges. First of all, SS isn't a Martin68 Mar 2025 #33

I think the Traitors try this at their own peril. SS is a different type of dog in this fight. Joinfortmill Mar 2025 #34

Oh they will destroy it by zorbasd Mar 2025 #35

No problem, I have enough saved for the rest of my life. Towlie Mar 2025 #39

They've been talking about ending it for 40 years now Johnny2X2X Mar 2025 #40

Yes edhopper Mar 2025 #53

the republicans will Godot51 Mar 2025 #64

Musk and his children creon Mar 2025 #73

Even as we speak... dlk Mar 2025 #83

Make sense? creon Mar 2025 #84

Robbery stillspkg Mar 2025 #91

Stealing livelihoods is a right brilliant way to conduct politics. AmericaUnderSiege Mar 2025 #92

Their intentions are to privatize it, not get rid of it. Emile Mar 2025 #95

My first thought on hearing about this, too. Timeflyer Mar 2025 #96

How does a great nation fall? -- Very, very slowly. Then all at once. Hekate Mar 2025 #97