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  1. #9
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    Quote Originally Posted by Neveragain View Post
    Do you know how banks were able to pay that back?

    They were given billions of US taxpayer dollars, at a near 0% interest rate and turned that money over at 5-6%.
    So them doing business as usual gives you a case of asshurt. Got it. How the fuck do you think banks work dumbass? Do you whine when a business takes out a loan from a bank at 5%, earns 10+% ROI and pays back their loan? They used short term credit to continue operation, then paid the loan back with interest.



    With a 200,000 mortgage, you are costing the taxpayer $20,000 annually.

    Tell me you are OK with welfare without telling me you're OK with welfare.
    How do you figure that? I got to hear this because I have a standard consumer loan, paid 5% down when I bought 3 1/2 years ago, did a standard 30 yr fixed then and had PMI. Now, due to appreciation and upgrades, my home gained 43% in value combined with an adult credit score and stable employment, I refinanced at 3% with no PMI and paid 2 points. So, explain how I cost anyone anything when I am paying market rate on the money? This has to be good, either for financial education or a solid belly laugh. I am betting the latter.
    Last edited by ~Rocktar~; 04-23-2022 at 05:24 PM.
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