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Gas lines, appeasing Iran, and run-away Inflation - Biden is Carter 2.0

 
LoneStarRisingModerator
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05/11/2021 10:43 AM

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Gas lines, appeasing Iran, and run-away Inflation - Biden is Carter 2.0
What comes next? Another Iranian hostage crisis? Or an all-out war between Israel and the Muslims?

I give it a year and Biden will be giving a speech about malaise.




By the time Biden is done, we may look back on the Carter years as not being that bad.
LoneStarRising
Swamprat

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05/11/2021 11:02 AM
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Re: Gas lines, appeasing Iran, and run-away Inflation - Biden is Carter 2.0
I knew this was familiar.
We aren't cut out to be socialists.We are the people who couldn't be constrained by Europe. We are the malcontents, idealists, speculators, dreamers, inventors, debtors and criminals who would not be chained. We don't play well with others, we are brash, outlandish and cunning. let us do what we do best; let us be Americans.
docsquat

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05/12/2021 01:37 PM

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Re: Gas lines, appeasing Iran, and run-away Inflation - Biden is Carter 2.0
I will take this opportunity to remind you that mortgage interest rates in 1981 topped out at 18.45% with the average rate being 17%.

Lumber prices won’t really matter when nobody is buying houses anymore.

Believe me, I lived through it. Bought my first house in 81 by assuming 9.5% VA loan and was damn happy to have gotten a second mortgage at 16% to close the deal.
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