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Aristus

(66,250 posts)
31. Ask anyone who has ever taken out a variable-rate mortgage with a balloon payment
Tue May 12, 2020, 01:50 PM
May 2020

if this is a good idea...

ANYONE who falls for this is INSANE. Trust me, I would never in my life have thought Social Security BamaRefugee May 2020 #1
Trump INC thrives on fear Skittles May 2020 #4
But don't we already do that? And worse? You can collect SS at 62 and get reduced benefits forever. TreasonousBastard May 2020 #2
If I faced foreclosure I would want this option Cicada May 2020 #3
I read this as they can only get three months of whatever benefit they would qualify for later. House of Roberts May 2020 #5
The payback is at most 3 months benefits Cicada May 2020 #23
Not for this, but the option might help some. I'd prefer other solutions, but there is Hoyt May 2020 #6
LOL. "plan developed by the American Enterprise Institute and the Hoover Institution" -- PASS! PSPS May 2020 #7
American Enterprise Institute? Hoover Institution? Tactical Peek May 2020 #8
President Usurer LudwigPastorius May 2020 #9
Camel's nose under the tent. Yeah, at first it will just be $5,000. Hoover Inst and AEI, hmm. progree May 2020 #10
DIVIDE & Conquer - peel off support from dems based on fear and desperation nt msongs May 2020 #11
This is like Bush's "privatize Social Security" trial balloon dawg day May 2020 #12
Yes, just start with a small part of it in a private account. As the years go by those limits will progree May 2020 #13
House won't pass it. DOA. roamer65 May 2020 #14
that dog won't hunt. nt yaesu May 2020 #15
Can he do this? It seems like any change to SS would take Congressional action. LastLiberal in PalmSprings May 2020 #16
No, and yes it takes Congressional action. Trump would nowhere near have the votes for this kind yellowcanine May 2020 #26
Its a shit sandwich of a proposal. nt cstanleytech May 2020 #17
But what if... BigmanPigman May 2020 #18
Nonsense Traildogbob May 2020 #20
Giving to the rich through lowered taxes rainin May 2020 #19
This will backfire on trump duforsure May 2020 #21
I think the goal here is to drain the social security trust fund. honest.abe May 2020 #22
Short term money for long term loss. keithbvadu2 May 2020 #24
This is the worst kind of "payday" loan McCamy Taylor May 2020 #25
Good point, and yes it is. yellowcanine May 2020 #27
Social security benefits are actually capped DeminPennswoods May 2020 #28
The maximum is much higher than that. I know seniors who get a whole lot more (I'm not one of them). llmart May 2020 #29
Dead on arrival Yo_Mama_Been_Loggin May 2020 #30
Ask anyone who has ever taken out a variable-rate mortgage with a balloon payment Aristus May 2020 #31
Pay day loan, government style. sarcasmo May 2020 #32
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