wilkes

BigSal (view profile)	Posted 1:58 pm, 09/02/2024
"Stocks are owned by everybody," Trump said during Tuesday's town hall on ABC. "Look, we're having a tremendous thing in the stock market, and that's good for everybody, but people that aren't rich own stock and they have 401(k)'s." Guess he was lying, the Truth Police will surely berate him for this gross exaggeration. Someone when Ka-thud.

No one could consider me rich by any stretch of the imagination and yet I have a Roth IRA with mutual funds that invest in many different things. I also have some straight up Caterpillar stock in that IRA. I also just inherited my dads traditional IRA that I will use to buy more Cat stock

President Clinton's tenure was characterized financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.

"Stocks are owned by everybody," Trump said during Tuesday's town hall on ABC. "Look, we're having a tremendous thing in the stock market, and that's good for everybody, but people that aren't rich own stock and they have 401(k)'s."

Guess he was lying, the Truth Police will surely berate him for this gross exaggeration.

Someone when Ka-thud.

Hey BS, did 'ol starfart give YOU permission to foist shouldadolly's stock market being the only economic indicator spinstraction onto this thread?

10% of people own 93% of the American stock market. Further proof the dimocrat party has become the party of the rich and famous. Can I interest you in a 'Kaa BOOOOM' at half price?

Troll King, most Americans don't own stocks. Especially the lower income, the ones Biden/Harris have really devastated.

Stock market says otherwise.

Biden has passed Carter in his failure of the economy.

The housing bubble began in 2007, before Obama was president.

Seems to a pattern here.

With the increased house payments because of Bidenomic interest rates, property tax increase, less money to spend because of high prices on groceries, fuel, and electricity. You have the perfect recipe for foreclosure and bankruptcy. It is called Socialism or Democrat policy.

How about when the new assessed values come out here is Wilkes. Tax official said values could increase 25%. More homes will go into foreclosures.

Wait till you get the inflation tax rate . Your house isn't worth more, your money is worth less. Those on a fixed income can blame Bidenomics.

Give them a minute and they will be blaming Biden when in fact it is the residents who voted in the commissioners with the majority having a (R) beside their names.

I have been looking at homes up there and they just show property tax for blowing rock and do not include the county tax. I wonder why?

Boone and Blowing Rock are municipalities with their own tax base independent of Watauga county.

Just found out that Wilkes county property tax is double the amount In Boone and Blowing Rock. What is the problem here?