From the Philly Inquirer:
Study: Homeownership favors men, but not in Pa., N.J.
Homeownership is more profitable for men than for women, a study released Thursday by the real estate search engine RealtyTrac maintains.
Analyzing 2.1 million single-family homes nationwide, RealtyTrac found that homes owned by single men on average are worth 10 percent more and have appreciated $10,112 (16 percent) more since purchase than those owned by single women.
Single male homeowners accounted for 1.14 million of the total, and single women for 1.01 million, based on public record tax assessor data collected by RealtyTrac.
Pennsylvania and New Jersey do not quite follow the national trend, RealtyTrac data show.
Although single men in Pennsylvania own houses worth $8,160 (5 percent) more than single women – $149,486 versus $141,326 – the average gain since purchase is $689, or 2 percent, in favor of women, RealtyTrac showed.
The actual return on purchase is 31.95 percent for women and 28.9 percent for men, data show.
…
In New Jersey, the gap at purchase is 5 percent in the men’s favor – $257,805 versus $246,188.The average gain in value since purchase, however, favors the women – $8,546 or 29 percent more, the RealtyTrac data show.
“Single women I sell to gravitate to smaller, less expensive houses that offer an easier lifestyle,” said Val Nunnenkamp, an agent with Berkshire Hathaway Home Services Fox & Roach Realtors in Marlton.
“I’d say 89 percent of them do, and what they do with the houses and how that is presented to the next buyer at sale time makes the difference,” he said.
From HousingWire:
Chase quietly launches its own 3% down mortgage lending program
Prospective homebuyers, especially first-time homebuyers who are struggling to save up for a down payment, have a new, and significant, outlet that they can now turn to when seeking a low down payment mortgage — JPMorgan Chase.
Earlier this year, Bank of America announced plans to begin offering a 3% down mortgage lending program that did not involve the Federal Housing Administration, important considering how many lenders have recently run afoul of the federal government for the participation in FHA lending.
Bank of America’s program requires as little as 3% down and requires no mortgage insurance. Bank of America partnered with Self-Help Ventures Fund and Freddie Mac to offer the loan program, which also requires a minimum FICO score of 660.
And earlier Thursday, Wells Fargo rolled out its own 3% down lending program, partnering with Fannie Mae and Self-Help, with the aim of offering consumers lower out-of-pocket costs, expanding the lender’s credit criteria and pushing homebuyer education to help more first-time homebuyers and low- to moderate-income families achieve “sustainable homeownership.”
Wells Fargo’s program requires a 620 FICO score, but Greg Gwizdz, executive vice president of national retail sales with Wells Fargo, said that the FICO score is only a small portion of the loan’s underwriting standards.
From the WSJ:
Pending Home Sales Climb to Highest Level in a Decade
The number of homes that in April went under contract to be sold climbed to the highest level in over a decade, a sign the housing market is gaining traction and supported by steady job creation and historically low interest rates.
Pending sales of previously owned homes, reflecting contract signings, rose 5.1% last month from March, the National Association of Realtors said Thursday, handily exceeding the 0.7% rise expected by economists surveyed by The Wall Street Journal.
The sales index climbed to 116.3, the highest level since February 2006. An index of 100 is equal to the average level of contract activity during 2001, which the NAR considers a “normal,” or balanced, market for the current U.S. population.
“U.S. housing-market activity continues to improve, and all indications thus far point to a strong spring selling season,” said Barclays economist Jesse Hurwitz.
Steady demand for housing has tightened supply and pushed up prices in many markets, especially those where many jobs are being created.
But that doesn’t seem to be deterring buyers.
Northeast again the fastest growing (PHS) market on a year over year basis:
http://www.realtor.org/sites/default/files/reports/2016/embargoes/phs-5-26/phs-04-2016-pending-home-sales-05-26-2016.pdf
Pending up 10.1% SAAR, 10.3% NSA – strong.
Damn, I wish this was offered to me. Could have put the other 17% in the equity market at the end of 2011 and made some good returns.
You know what this means. Start buying any starter home you can as an investment. This is going to heat up the lower end of the market. Should start impacting prices in the next year or two. It’s like deja vu all over again. The housing cycle continues.
“Bank of America’s program requires as little as 3% down and requires no mortgage insurance. Bank of America partnered with Self-Help Ventures Fund and Freddie Mac to offer the loan program, which also requires a minimum FICO score of 660.”
http://www.nj.com/essex/index.ssf/2016/05/how_people_can_secretly_steal_your_property_in_nj.html#incart_2box_nj-homepage-featured
Rubio backing Trump. #Nevertrump’ers soil themselves in anger.
More proof that conservative reporters inside the beltway have no idea WTF is going on.
@NickTimiraos
More jobs, low rates:
Pending home sales have now increased on a year-over-year basis for 20 consecutive months
Raise the gas tax and be done with it. Let the people using the roads pay for the roads. Put the cost on all the out of state drivers using our roads. Don’t let them abuse our roads and leave us with the cost. Don’t make the nj taxpayer borrow more money, like this politician wants to do.
http://www.nj.com/politics/index.ssf/2016/05/lawmaker_says_roads_can_be_fixed_without_pain_at_t.html#incart_river_home
we do know that the GOP’s broken
D-FENS says:
May 27, 2016 at 8:02 am
….conservative(s)…have no idea WTF is going on.
D-FENS, as the old saying goes, Democrats fall in love while Republicans fall in line. I wish they didn’t (I like HRC and dislike Trump), but it is what it is.
9 – Are you voting for Bernie Sanders or Hillary Clinton in the NJ primary anon?
@PaulKrugman
In general, the “would you like to have a beer with” test for presidents is ridiculous. But in this case …
Anthony Bourdain1d
@Bourdain
SIX TRUE THINGS ABOUT DINNER WITH OBAMA
Bun Cha is a typical Hanoi dish, decidedly everyday, and much loved by locals . To the consternation, no doubt, of the Secret Service (who were very cool about it) I was recently joined for dinner by the leader of the free world in a working class joint near the old quarter of town for an upcoming episode of Parts Unknown .
•
The President is very comfortable with chopsticks. He handled the sticky, hard to separate noodles that accompany the pork and the broth components of Bun Cha skillfully. He even went in for seconds.
•
The President is an Asiaphile. He spoke wistfully of his time in Indonesia and his memories of the smells and flavors of street food there.
•
He clearly enjoyed sitting on a low plastic stool eating bun Cha . It felt to me like his night off. Even with Secret Service lurking nearby .
•
The reaction among regular people in Hanoi to the fact that the US President chose to eat Bun Cha was beyond all imagining. The effect was unbelievable.People were actually crying the next day, describing to me their shock and their pride, the reactions of their neighbors, to this completely unexpected choice of meal—and the venue.
•
He was among the very few guests on my show who ever asked the camera crew if they got to eat too.And he made a point of taking a picture with all of them when we were done.
•
I believe he enjoyed that beer.
8- And while we are at it. Legalize marijuana. People are doing it anyway, mine as well get some money out of it instead of costing the state money in prosecuting it. Most of the people that do it are from the inner cities, so mine as well get some tax money back from those black holes. Colorado didn’t turn into hell, so Christie needs to stop vetoing things that will help this state.
Obviously anon is another closet Hillary supporter. He goes quiet every time another one of here lies are exposed.
just like Bill Clinton – Obama is leaving office with the economy in great shape
@business
LATEST: The U.S. economy grew more last quarter than previously estimated
Every day at this blog is a reminder that I have as many guns as I need, but not as many as I want.
just like Bill Clinton – Obama is leaving office with the economy in great shape
uh huh, then why do we hear incessant whining about the large portion of the population on food stamps and in need of $15 minimum wage from your party?
15. New lows on trolling. Sorry, anon, doubt anyone will take the bait.
Even if the US President could individually and positively change the economy, the results are ‘battle ship turning’ in terms of timing. That is, the effects are not felt until much later so any direct correlation is lost.
Tying Presidential terms to economics is from the economist’s point of view, foolish.
Like with so much in life where you finish is a function of where you start. Many Presidents, R and D alike, were beneficiaries of troughs early in their terms.
15-
In other rainbows and unicorns all is well anon economic news…
Yahoo finance: “The Federal Reserve’s 4.3 Trillion Dollar Ticking Time Bomb”.
just like Bill Clinton – Obama is leaving office with the economy in great shape
LMFAO!! That’s great satire.
Hillary gets tossed under the NYT bus.
http://www.nytimes.com/2016/05/27/opinion/hillary-clinton-drowning-in-email.html?_r=0
Guess I’m one of the lucky few working today. Not many cars on the commute in.
I agree – double the gas tax and triple the diesel tax.
“Most of the people that do it are from the inner cities, so mine as well get some tax money back from those black holes”
Damn, that is some racism.
Truth, or racism? Do you understand the urban culture? Dominicans and other latino groups live on this stuff. African Americans too, for most, it’s a family tradition. I’m just calling it like I see it.
Bystander says:
May 27, 2016 at 10:06 am
“Most of the people that do it are from the inner cities, so mine as well get some tax money back from those black holes”
Damn, that is some racism.
I’m working pumps. Someone has to pay for the twitiot’s ‘Great Society’.
My concern is that my commute takes me over the ACE. That entire 295/676/ACE interchange is going to be a frigging nightmare.
But then, the way this day is going, traffic can’t make it any worse.
[12] twitiot
Can’t you be irrelevant in one sentence like you usually do?
Double the gas tax? said the electric car driver
[18] leftwing
I’ve always maintained that
(a) the economy under clinton did well despite his tax hike, not because of it;
(b) he was able to ride what was a massive infrastructure project funded by the private sector and took credit for it; and
(c) most of what he did in the economy, except for taxes, was actually quite republican and he was excoriated by the left for it.
And there is (still, they haven’t scrubbed it all yet) ample evidence to support this.
At that point, the twitiots put their fingers in their ears and repeat “nah, nah, nah, I can’t hear you” over and over.
Good luck!
Comrade Nom Deplume, screwing around at work says:
May 27, 2016 at 10:27 am
I’m working pumps. Someone has to pay for the twitiot’s ‘Great Society’.
My concern is that my commute takes me over the ACE. That entire 295/676/ACE interchange is going to be a frigging nightmare.
But then, the way this day is going, traffic can’t make it any worse.
[28] bye
“Double the gas tax? said the electric car driver”
Quelle non!!! I say raise the income tax rate and cut local aid (as I repeat the Lawyer’s Prayer here).
[30] pumps
Rush hour will find me in the Spread Eagle Tavern in Mt. Ephraim, waiting for the gridlock to subside while sucking down cheap suds.
#12 Blump,
This is also one if your dumbest posts ever, which is saying a lot. As someone who claims to be a deep economic thinker, this post reminds me that you are a child plagiariast. Believe me, I am proponent of decriminalization not just legalization but claiming it is black issue….wow. A Kanye crowd is likely to be as high as a Phish crowd. Probably some whities on this blog high now. Also, you know it is only legal to buy it in Colorado. It is still illegal to walk around in public smoking it. Colorado is simply testing the waters politically and economically. Denver is not Amsterdam and most of state, outside Denver and Boulder etc, is still heavy with red leaning, gun toting, conservatives. It is a complex issue which impacts white suburbia and possibly pharm jobs among numerous other things. Can’t you find an article to copy which lays out the MJ legalization issues succinctly then just agree with it?
You want your property taxes to go up, or you want out of state drivers to help pay the bill? Just don’t drive so much, or you could always buy an electric car. I don’t feel bad for out of state drivers, we send enough money to the fed.
walking bye says:
May 27, 2016 at 10:31 am
Double the gas tax? said the electric car driver
.8 % GDP growth is a great economy?
Lawmaker: N.J. roads can be fixed without gas tax hike
http://www.nj.com/politics/index.ssf/2016/05/lawmaker_says_roads_can_be_fixed_without_pain_at_t.html
Maybe it was an ignorant approach, you are right.
Why is it a bad thing? People are doing it anyway. You are just creating an income avenue for gangs. Creating a need for law enforcement and prosecution.
Bystander says:
May 27, 2016 at 10:37 am
#12 Blump,
This is also one if your dumbest posts ever, which is saying a lot. As someone who claims to be a deep economic thinker, this post reminds me that you are a child plagiariast. Believe me, I am proponent of decriminalization not just legalization but claiming it is black issue….wow. A Kanye crowd is likely to be as high as a Phish crowd. Probably some whities on this blog high now. Also, you know it is only legal to buy it in Colorado. It is still illegal to walk around in public smoking it. Colorado is simply testing the waters politically and economically. Denver is not Amsterdam and most of state, outside Denver and Boulder etc, is still heavy with red leaning, gun toting, conservatives. It is a complex issue which impacts white suburbia and possibly pharm jobs among numerous other things. Can’t you find an article to copy which lays out the MJ legalization issues succinctly then just agree with it?
Once again you guys are pandering to someone who is trolling you and punking you. And it’s so evident, so obvious that it boggles my mind that you guys respond.
Isn’t that what your HELOC was for, or did you just spend the extracted down payment on something else?
Damn, I wish this was offered to me. Could have put the other 17% in the equity market at the end of 2011 and made some good returns.
You are thinking too deep. I’m not trolling you or anyone. Being honest.
Fast Eddie says:
May 27, 2016 at 11:00 am
Once again you guys are pandering to someone who is trolling you and punking you. And it’s so evident, so obvious that it boggles my mind that you guys respond.
[23] grim -While you’re at it, raise it high enough to build the cost of liability insurance right into the price. No uninsured drivers and insurance cost is proportional to fuel consumed.
I agree – double the gas tax and triple the diesel tax.
Lib, you were right short term, I was on pt long term. They totally suffocated their competition and took back control of the market. Let the manipulation begin.
“Saudi Arabia has been fighting with fellow OPEC members since the oil rout started two years ago. For the first time next week, it can argue convincingly that its strategy of squeezing rival producers is succeeding.
By stifling high-cost suppliers, the Saudi approach has now almost eradicated the global oversupply, spurring a price rally of 80 percent since January. All but one of 27 analysts surveyed by Bloomberg said the Organization of Petroleum Exporting Countries will stick with the strategy rather than set output limits when ministers gather in Vienna on June 2.”
http://www.bloomberg.com/news/articles/2016-05-26/battle-inside-opec-eases-as-saudi-oil-strategy-finally-pays-off
Three more hours and I’m out of here!! Office closes at 3 today. Will crack one open to celebrate the unofficial start to the summer and pay homage to road warriors like you who have to work while everyone is going to the beach. Cheers can’t come soon enough.
Comrade Nom Deplume, screwing around at work says:
May 27, 2016 at 10:35 am
[30] pumps
Rush hour will find me in the Spread Eagle Tavern in Mt. Ephraim, waiting for the gridlock to subside while sucking down cheap suds.
Looks like it’s going to be a good time to buy a condo in Miami in short time.
http://www.bloomberg.com/news/articles/2016-05-27/miami-s-condo-frenzy-ends-with-inventory-piling-up-in-new-towers
44. bring your galoshes…Miami will be under water in a decade.
MIAMI (CBSMiami) — With the ever-encroaching threat of climate change, some prognosticators have recommended that South Floridians better learn to swim.
According to a new study published in the Proceedings of the National Academy Sciences, Miami and Hollywood are two of the dozens of coastal cities in the U.S. predicted to be washed away by rising sea levels this century.
“Some cities appear to be already lost,” study lead author Benjamin Strauss told CBS News.
Miami is one of those. Like New Orleans, the findings consider both cities past the point of no return.
“For New Orleans, there are levees, it’s possible to build levees higher and stronger for some time, but that’s not necessarily safe or sustainable in the long run. We’ve already seen what can happen when levees break, when the sea level gets higher, the bigger the tragedy can be.”
Research suggests that at the current pace, carbon emissions could increase the sea level at least 14 feet by the year 2100. That puts 1,800 municipalities along the coast in danger, including 21 cities with populations of more than 100,000 residents.
Strauss’ data has calculated the “lock-in date” for these cities, or the year at which carbon emission levels have essentially sealed a city’s fate and would put them under water.
Hollywood has a lock-in date of 2025. New York City is at 2095.
[43] pumps
Just learned the office is closing at 3 on Fridays for the summer. So I will be having that beer poolside at my country club.
Pumps,
“You want your property taxes to go up, or you want out of state drivers to help pay the bill? ”
I unhesitatingly say raise my NJ property taxes!!!
Bystander, here you go. Christie is an idiot for throwing away this money. The clown needs to go.
http://blog.nj.com/njv_auditor/2016/05/nick_scutaris_excellent_advent.html#incart_river_home
“New Jersey could reap $300 million a year in sales tax revenue by legalizing marijuana for recreational use, according to a new report by supporters of the effort.
The report by New Jersey United for Marijuana Reform and New Jersey Policy Perspective says a federal study shows about 365,900 people in New Jersey age 21 and over illegally use marijuana on a monthly basis, consuming 2.53 million ounces a year.
With the average price of cannabis on the street going for $343 an ounce, the underground marijuana market nets $869 million in sales. If pot was legalized, that marketplace would be worth $1.2 billion from consumers in New Jersey and surrounding states. A 25 percent sales tax on pot would bring in about $300 million year, the report concluded.
The organizations that produced the report said there are other compellings reason to legalizing pot. The cost of enforcing marijuana possession laws is a drain on the law enforcement and court systems, which have statistically shown to mete out stiffer punishment against African-Americans than whites, the report said.
“New Jersey can’t afford to wait — it’s time to legalize, tax, and regulate marijuana,” said Ari Rosmarin, the public policy director for the American Civil Liberties Union of New Jersey which belongs to the New Jersey United for Marijuana Reform.
“With just one vote, the Legislature can raise hundreds of millions of dollars annually, help end a civil rights injustice, and make sure that no more New Jerseyans see their lives ruined for something every president in the last 24 years has done,” Rosmarin said. “It’s time for common sense, and that means ending prohibition again.””
http://www.nj.com/politics/index.ssf/2016/05/legalizing_marijuana_would_net_300m_in_sales_taxes.html
45- Essex, good tip!
Enjoy the good life. You earned it my friend.
Comrade Nom Deplume, Right Wing Extremist (per anon) says:
May 27, 2016 at 1:03 pm
[43] pumps
Just learned the office is closing at 3 on Fridays for the summer. So I will be having that beer poolside at my country club
Yes, you care about the people, sure. Who is in your back pocket? Prob police.
“I am not going to be the governor who is going to tell our children and our young adults that marijuana use is okay,” Christie said in 2014. “Because it’s not. I don’t care about the tax money that may come from it.”
And Warren DID LIE about her heritage.
She was listed as the Harvard Law’s “first woman of color” in 1997 law review piece on diversity and affirmative action!
Elizabeth Warren has pushed back hard on questions about a Harvard Crimson piece in 1996 that described her as Native American, saying she had no idea the school where she taught law was billing her that way and saying it never came up during her hiring a year earlier, which others have backed up.
But a 1997 Fordham Law Review piece described her as Harvard Law School’s “first woman of color,” based, according to the notes at the bottom of the story, on a “telephone interview with Michael Chmura, News Director, Harvard Law (Aug. 6, 1996).”
Warren was listed as a “woman of color” in the 1993 Harvard student journal.
And in 2012 Elizabeth Warren admitted she told Harvard Law she was Native American.
Warren lied to get her job at Harvard.
Pumps – does this mean you ceremonially start drinking and begin babysitting in another room in your posting palace on Pumpkin X Parkway? I wonder what your wife says to you in her head on her commute home from her real job;-) Happy Memorial Day.
Three more hours and I’m out of here!! Office closes at 3 today. Will crack one open to celebrate the unofficial start to the summer and pay homage to road warriors like you who have to work while everyone is going to the beach. Cheers can’t come soon enough.
Interesting bit of NJ news raised by the Gourd-Anon-Troll’s revenue suggestion:
“Weedman” prosecuted for “cyber harassment” for calling a N.J. police officer a “pedophile” online
Cops flexing their muscles before their brains. I hope “Weedman” takes it to the bank.
From an article on a N@zi era historian, talking about Germans:
“In what ways were they honest?
On the autobahn, for example, the bathrooms all had plates where you would leave a tip for the cleaning person. So, you walk into the bathroom, and there is a plate full of money. Now, you put that on the New Jersey Turnpike and it wouldn’t last three minutes. They’d steal the money and the plate too. But, in Germany not only do they not steal the money, but they put more in. “
Power to the workers baby! This good for everyone. The tide is changing and wage inflation is right around the corner. This Great Pumpkin is coming!!
Check out this article from USA TODAY:
Verizon, unions reach four-year labor contract
http://usat.ly/1TJOep5
Commute home was a disaster, at least the morning was nice.
[53] DFENS
Here on the Animal Farm, you’re only a liar if a majority of democrats say you are.
Got damn, simply amazed by my call in 2012 of wage inflation in 2017-18. It’s dead on.
“Yellen said the main factors holding down inflation — low oil prices and a strong dollar — “seem like they’re stabilizing” while an improving labor market should push up wages, nudging annual inflation back to the Fed’s 2% goal.
“The labor market, by almost any metric, is really improved,” she said. “I definitely think we’ve made a lot of progress but further gains are possible.”
At the same time, she said, “We really haven’t seen much improvement in wage growth,” indicating that despite near-normal 5% unemployment, labor market slack — such as part-time workers who prefer full-time jobs – provides a surplus labor supply to employers and tempers earnings growth.”
Check out this article from USA TODAY:
Yellen: Rate hike “appropriate” in coming months
http://usat.ly/1VlZavx
I don’t like Warren. She seems like she knows her stuff, but these lies are very concerning. Looking more and more like a two face.
lol I finally get your personality. I’m learning to have fun with your posts. I was taking it way too serious, when you are just trying to have some fun. Happy Memorial Day!!
The Original NJ ExPat says:
May 27, 2016 at 3:48 pm
Pumps – does this mean you ceremonially start drinking and begin babysitting in another room in your posting palace on Pumpkin X Parkway? I wonder what your wife says to you in her head on her commute home from her real job;-) Happy Memorial Day.
[61] pumps
There I disagree. She really doesn’t know sh1t about that which she weighs in on
Btw, anyone take a look at nhmd lately. Getting ready to run. If you were smart and bought on the low’s from a month or two ago, could have close to 1000% gains already.
Cancakes baby. lol
63- lol….well she TRIES to make it seem like she knows what she is talking about.
[62] Finally, You actually get it! Truth be known, I’m shopping for a retirement Colonial in Wayne, but I want one on Route 23, preferably near the DMV.
lol I finally get your personality. I’m learning to have fun with your posts. I was taking it way too serious, when you are just trying to have some fun. Happy Memorial Day!!
#49- Is the population of New Jersey really just sitting around on an extra $300 million that they don’t know what to do with? Or, more likely, will this $300 million now to be spent on this new tax mean cutbacks on other household spending? You know, the spending on the things that stimulate the local economy.
Comrade,
I’m glad you’ve moved past the point of claiming your policy suggestions were for the better of the country (even if you do it with tongue in cheek). I’m hoping eventually you’ll drop the democrat/republican nonsense. Have a nice weekend.
Comrade Nom Deplume. Citizen, 2nd Class. says:
May 27, 2016 at 4:41 pm
[53] DFENS
Here on the Animal Farm, you’re only a liar if a majority of democrats say you are.
1) We all know they have no brains.
2) I forget where I saw it first, but when I saw you post it way back when you phrased it perfectly. Since we know cops are not punished personally (civil or criminally) for arresting someone wrongfully, even when you win… the persecution, or prosecution, IS the punishment.
Anon E. Moose says:
May 27, 2016 at 3:57 pm
Interesting bit of NJ news raised by the Gourd-Anon-Troll’s revenue suggestion:
“Weedman” prosecuted for “cyber harassment” for calling a N.J. police officer a “pedophile” online
Cops flexing their muscles before their brains. I hope “Weedman” takes it to the bank.
Jesus! Is that what you are? A penny-stock pumper who babysits at home while your wife works? That answers a lot of questions about both of your FB pages.
The Great Pumpkin says:
May 27, 2016 at 5:13 pm
Btw, anyone take a look at nhmd lately. Getting ready to run. If you were smart and bought on the low’s from a month or two ago, could have close to 1000% gains already.
Cancakes baby. lol
http://elizabethwarrenwiki.org/pow-wow-chow-cookbook/
Double the gas tax? said the electric car driver
Shocked that you would insinuate that has anything to do with it.
Consumption Tax = Fairest Tax
Half a stick of dynamite is ‘fireworks’, right?
Just asking…
sx (73)-
It’s not the purpose of taxes to be fair. It’s to disincentivize individual effort and accumulation of wealth.
Big damage – you blow up car
Spoken in a pre Guiliani Chinatown voice – like that kid from Indiana Jones
[68] Joyce
Most would have been better for the country. And ALL of them would have been better for ME.
And I’m glad you’re adding the rest of the thought in your comments now.
[79] Joyce
Not as simple as all that. Sometimes, the better for me is minimal and not specific to me. In fact, there are policies I oppose that would be much better for me in the short term, but not good for the country as a whole or, more to the point, my children.
Why do you think so many lawyers are democrats? Do you think that it is because they have devoted their lives to the downtrodden and poor? Or could it be that the policies prescribed by Democrats put money in their pockets?
Hope everyone is having a great holiday weekend with the fam. Sneaking this article in, now back to family time.
http://www.bloomberg.com/news/articles/2016-05-23/one-of-the-world-s-most-expensive-countries-is-debating-giving-away-money