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#21 Please read and learn ...

And now, let's address a couple things the Democrats got that they cannot necessarily announce publicly. The vote on the subsidies is known, and it certainly seems like a loss, since a vote on the subsidies is not the same thing as restoring the subsidies. However, for those who would call it a loss, consider that maybe the blue team (the five new aisle-crossers, at least, and very possibly other Democratic members like Hickenlooper) are actually playing the long game. Well, not exactly long, but maybe the short-to-medium game. There are only three outcomes when it comes to the promised vote: (1) The subsidies are restored, or (2) The Republicans vote down the subsidies (again), either in the Senate or the House or (3) Senate Majority Leader John Thune (R-SD) refuses to hold the vote.

In the first case, the Democrats get what they want. In the second and third cases, they get crystal-clear proof that the Republicans are the ones who don't want poor people to have health insurance, which the blue team can then wield as a club in the 2026 elections. Oh, and if things don't work out to their satisfaction, the Democrats can resume their resistance on January 30, when the government will shut down again if there is no bill. In that scenario, the blue team will have even more political cover AND they won't have to worry about people who need SNAP going hungry, or veterans going without their pensions. In short, the Democrats got some pretty good stuff from a politics perspective without actually giving all that much up.

The second thing the Democrats got is pressure on Speaker Mike Johnson (R-LA) to reopen the House. If he does it, then Rep.-elect Adelita Grijalva (D-AZ) will have to be sworn in, and then Rep. Thomas Massie's (R-KY) Epstein files bill would have the necessary signatures to be brought to the floor of the House. If Johnson doesn't re-open, then he will open the Republicans up to withering criticism that they care more about protecting sexual predators than they do about hungry children. That is not a political winner.

Ultimately, many Democrats, including some who voted to hold the line (like Hickenlooper) concluded that the White House was never, ever going to give in on the subsidies. Shaheen, for example, concurred that "this was the only deal on the table." If that is true, then the blue team got about as much as they could have hoped to get, and they made the correct tactical decision"to cash out. If it is not true, and there was a real possibility of Trump caving, then the Democrats should have pushed all-in. That's really the crux of the matter; readers can decide for themselves if Hickenlooper, Shaheen, et al., assessed the situation correctly when they decided this was the best deal possible. (Z)

And now, let's address a couple things the Democrats got that they cannot necessarily announce publicly. The vote on the subsidies is known, and it certainly seems like a loss, since a vote on the subsidies is not the same thing as restoring the subsidies. However, for those who would call it a loss, consider that maybe the blue team (the five new aisle-crossers, at least, and very possibly other Democratic members like Hickenlooper) are actually playing the long game. Well, not exactly long, but maybe the short-to-medium game. There are only three outcomes when it comes to the promised vote: (1) The subsidies are restored, or (2) The Republicans vote down the subsidies (again), either in the Senate or the House or (3) Senate Majority Leader John Thune (R-SD) refuses to hold the vote.

In the first case, the Democrats get what they want. In the second and third cases, they get crystal-clear proof that the Republicans are the ones who don't want poor people to have health insurance, which the blue team can then wield as a club in the 2026 elections. Oh, and if things don't work out to their satisfaction, the Democrats can resume their resistance on January 30, when the government will shut down again if there is no bill. In that scenario, the blue team will have even more political cover AND they won't have to worry about people who need SNAP going hungry, or veterans going without their pensions. In short, the Democrats got some pretty good stuff from a politics perspective without actually giving all that much up.

The second thing the Democrats got is pressure on Speaker Mike Johnson (R-LA) to reopen the House. If he does it, then Rep.-elect Adelita Grijalva (D-AZ) will have to be sworn in, and then Rep. Thomas Massie's (R-KY) Epstein files bill would have the necessary signatures to be brought to the floor of the House. If Johnson doesn't re-open, then he will open the Republicans up to withering criticism that they care more about protecting sexual predators than they do about hungry children. That is not a political winner.

Ultimately, many Democrats, including some who voted to hold the line (like Hickenlooper) concluded that the White House was never, ever going to give in on the subsidies. Shaheen, for example, concurred that "this was the only deal on the table." If that is true, then the blue team got about as much as they could have hoped to get, and they made the correct tactical decision"to cash out. If it is not true, and there was a real possibility of Trump caving, then the Democrats should have pushed all-in. That's really the crux of the matter; readers can decide for themselves if Hickenlooper, Shaheen, et al., assessed the situation correctly when they decided this was the best deal possible. (Z)

And now, let's address a couple things the Democrats got that they cannot necessarily announce publicly. The vote on the subsidies is known, and it certainly seems like a loss, since a vote on the subsidies is not the same thing as restoring the subsidies. However, for those who would call it a loss, consider that maybe the blue team (the five new aisle-crossers, at least, and very possibly other Democratic members like Hickenlooper) are actually playing the long game. Well, not exactly long, but maybe the short-to-medium game. There are only three outcomes when it comes to the promised vote: (1) The subsidies are restored, or (2) The Republicans vote down the subsidies (again), either in the Senate or the House or (3) Senate Majority Leader John Thune (R-SD) refuses to hold the vote.

In the first case, the Democrats get what they want. In the second and third cases, they get crystal-clear proof that the Republicans are the ones who don't want poor people to have health insurance, which the blue team can then wield as a club in the 2026 elections. Oh, and if things don't work out to their satisfaction, the Democrats can resume their resistance on January 30, when the government will shut down again if there is no bill. In that scenario, the blue team will have even more political cover AND they won't have to worry about people who need SNAP going hungry, or veterans going without their pensions. In short, the Democrats got some pretty good stuff from a politics perspective without actually giving all that much up.

The second thing the Democrats got is pressure on Speaker Mike Johnson (R-LA) to reopen the House. If he does it, then Rep.-elect Adelita Grijalva (D-AZ) will have to be sworn in, and then Rep. Thomas Massie's (R-KY) Epstein files bill would have the necessary signatures to be brought to the floor of the House. If Johnson doesn't re-open, then he will open the Republicans up to withering criticism that they care more about protecting sexual predators than they do about hungry children. That is not a political winner.

Ultimately, many Democrats, including some who voted to hold the line (like Hickenlooper) concluded that the White House was never, ever going to give in on the subsidies. Shaheen, for example, concurred that "this was the only deal on the table." If that is true, then the blue team got about as much as they could have hoped to get, and they made the correct tactical decision"to cash out. If it is not true, and there was a real possibility of Trump caving, then the Democrats should have pushed all-in. That's really the crux of the matter; readers can decide for themselves if Hickenlooper, Shaheen, et al., assessed the situation correctly when they decided this was the best deal possible. (Z)

Good article on the costs and benefits ...

50-year mortgages: What it could mean for homebuyers
www.newsnationnow.com

...
Would it lower monthly payments?

Extending the length of a mortgage is meant to ease monthly payments and broaden access to homeownership. In theory, those savings could amount to a few hundred dollars each month, but that's not guaranteed.

Because longer loans expose lenders to greater risk, they generally come with higher interest rates. That's why 15-year mortgages are currently at 5.5%, compared with roughly 6.2% for 30-year loans.

If rates were the same on a 30-year and 50-year mortgage, a typical homebuyer putting 20% down could pay about $250 less each month with the longer loan -- but would pay far more in total interest over time.
Is buying or renting a home the better option?

If 50-year rates were higher by a similar margin to the gap between 15- and 30-year loans, the monthly savings would shrink to around $60.

"A savings of $150 to $200 isn't really fixing the problem," Dan Frio, a mortgage adviser and host of "The Rate Update," told NewsNation on Monday.

Monthly payment at today's median existing home price of $415,200, assuming 20% down at current interest rates, according to Fannie Mae's mortgage calculator. Calculation doesn't include taxes and insurance.

- - - 15-year fixed mortgage (at 5.5%): $2,714 per month (principal and interest)

- - - 30-year fixed mortgage (at 6.2%): $2,034 per month (principal and interest)

- - - *50-year fixed mortgage (at 6.2%): $1,798 per month (principal and interest)

- - - *50-year fixed mortgage (at 6.9%): $1,973 per month (principal and interest)
...


Lots more in the article ...


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