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2025-03-20 Home Front: Politix

Donald Trump demanded the Federal Reserve 'do the right thing' and cut interest rates after Chair Jerome Powell said they were going to hold steady.

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Posted by Skidmark 2025-03-20 00:20|| || Front Page|| [11146 views ] Top

#1
Since the Fed Reserve seems to answer the DC Swamp Deep Pockets. Powell’s term as chair runs until May 2026.

So I don't expect any serious reductions in interest rates until 2026... after the mid terms

With that said, why should a US Citizen Fund the Fed (tax $$) to borrow $$$ thru a Bank that uses our Tax $$$ to jack up the Interest Rate to buy a family house.

If DC wants to reduce homeless #'s and build families, then how about Direct Home Loans, for approved housing?

Eliminate the Banks and their rule of 78 that drives up prices?

Posted by NN2N1 2025-03-20 06:56|| 2025-03-20 06:56|| Front Page Top

#2 Trump Fires Both Democrat FTC Commissioners: 'Major Implications' for the Federal Reserve

Posted by Skidmark 2025-03-20 09:59|| 2025-03-20 09:59|| Front Page Top

#3 Burgum Says U.S. Natural Resources Could Be 'Triple' the National Debt

“You know that announcement might lower the 10-year rate on interest rates because people [would] say ‘Wow, these guys got it covered and they have a plan on how they’re going to be able to pay down this debt and they’re actually in really good shape.'”

Posted by Skidmark 2025-03-20 10:12|| 2025-03-20 10:12|| Front Page Top

#4 Eliminate the Banks and their rule of 78 that drives up prices?

The Rule of 78 can't be used for mortgage loans or consumer loans with a term of longer than 60-months.

Posted by Crusader 2025-03-20 12:16|| 2025-03-20 12:16|| Front Page Top

#5 Ref #3: When I see Burgum come on the news, I pay attention.

Posted by Besoeker 2025-03-20 12:28|| 2025-03-20 12:28|| Front Page Top

#6 Question:
What's to keep the FR from being total chodes and raising rates a vindictive amount?

Posted by swksvolFF 2025-03-20 13:31|| 2025-03-20 13:31|| Front Page Top

21:30 Glolutch Tingle1702
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16:11 NoMoreBS
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16:01 Grom the Affective
15:47 swksvolFF
15:44 trailing wife
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15:37 Lord Garth
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14:56 Skidmark
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