patrick.net

PCGyver says

Still waiting to hear why you think people with mortgages are losers! Do you have a mortgage?

I do not have a mortgage.I do not have any debt.Wait! Let me pay my credit cards in full before they send a statement
regardless of the size of my debt. I should make minimum payments so I think my money goes farther.
Let's buy/overpay for more shit that we don't need. But the Jones just got one! I need one too!
I have to have the latest fancy coffee.Put that $5-7 on my credit card.
I'm converting to the "Immediate Gratification Religion".

Mortgages- Paying more for a shack than the closing price.
For us simple minds,seems like a loser deal.
How many years does it take to make a dent in the principal?
It's coool to take a mortgage & then flip a shack. The interest is still paid until the sale.
The problem for homeowners is that they find a forever shack & have to overpay,because of interest.
Do any of these cypher what the total interest for the life of the loan will be.
What word other than LOSER applies?
"Poor personal financial managers, "Math Retards" or "DOH!"

Taking a mortgage for a selling price that is 10% of listing might not be such a bind for many shack owners.

In reality, rent payments are a lifetime of debt. To pretend that you don't have debt because you don't have a mortgage is silly.

HEY YOU says

"More than 50 Electoral College members who voted for Donald Trump were ineligible to serve as presidential electors because they did not live in the congressional districts they represented or held elective office in states legally barring dual officeholders."

Well, I guess conservatives were right. In person voter fraud is common.

Voter IDs for electoral college members!