Israeli-American arrested for bomb threats. Corporatist Neil Gorsuch’s ruling. Dying with debt. Idiot American spring breakers. Congress voting against internet privacy.
YOU have problems with empathy, Cenk… no wonder you were a Republican…it shows way too often. Very very sad the way animals are treated and you think it’s being too “parenty” to criticize abusing them……I still love the shows, a member for a long time, but sometimes I can’t stand it/you….
Cenk I have to say you disappointed me this episode… setting aside the home ownership thing how could you be like “I don’t want to be too parenty” no eff that. I have been wasted, I’ve even been high, I have never been like “yeah I am going to eff with this animal so I can party hard”. NO it’s not too much to say this behavior is gross because it is.
Is the build the wall thing worse, yes, but I don’t have tunnel vision I can see that both are bad, both are wrong, and even at my most messed up in my most party days I never hurt other creatures because I thought it was funny.
And no I can’t set aside the home ownership thing like you were way too dismissive man… I can see your arguments but you were way too dismissive of the other side. And yes passing down homes is still something that happens and would happen a lot more if people didn’t get screwed over as much as they do.
Still love you Cenk but not my favorite hour with you…
The reason Gorsuch ruled against the trucker is because he wasn’t on Trump’s supreme court judges list in May 2016. Gorsuch ruled against the trucker 8/9/16, and voila, he got on Trump’s September supreme court list – he proved he was hateful enough for the rabid right Federalist haters Roberts & Alito.
Cenk, you’re wrong about home ownership. My daughter, who can’t get a job that pays her what’s she’s worth (she’s got a BA and a degree in health), needs whatever I can give her when I die.
I totally agre. The reason to leave a home for inheritance is so that hopefully your loved one does not have the burden of rising home costs. Then also hope they never have to borrow against it.
I saw a video where Trump was visiting with truckers yesterday, while his Supreme Court pick, who ruled that a trucker should have risked death rather than leave his load, is being questioned . . .
Ana, you’re awesome, I love you, but you’re talking about people “not seeing the impact of their bad behavior”, and people doing things “just for their entertainment”, and talking down on the abuse of animals….
But you support not only torture, but murder as well, and the destruction of our planet, and the destruction of your own health, all through the form of animal agriculture and eating meat.
They are torturing animals for entertainment, and you are supporting the torture and murder, for the entertainment of your taste buds.
What are you going to do lock up a cat for attacking a bird because you accidentally let it escape? Lock up the owner for killing a bird?
Humans are animals, animals are not human. There’s a level of distinction we give for a reason. If you were to ban meat in 3rd world countries (for example) you’d be dramatically hurting people. In some countries things are so bad that giving someone a smartphone and a goat, basically changes their life. They can breed the goat, milk it, and eventually sell it for meat and have movable assets, and some charities buy a goat and a cellphone for people to raise them out of dire poverty.
What are you going to do? Tell those poor people that barely get by with access to the internet and a few domestic livestock that they travel with, that they have to instead set up a farm in order to improve their situation? With what farm land? Almost all the non forest arid farmland is being used…
So only wealthy people should be Vegans? That’s not sustainable.
Cenk, its not being “parantee”. In fact, its idiotic parents that produced these morons. They were never taught anything about the value of being polite, respectful, etc.
Best case for keeping abortion easy to get. In fact, I’d say fewer dolts like these morons would go a long ways towards improving society.
Shouldn’t the bank be paying us to maintain the integrity of their assets? If the “owner” doesn’t care for it, it could become almost worthless to the bank.
Yeah but then you paid 10s if not 100s of thousands of dollars for something that now has incredibly depreciated value, and as a matter of fact in the higher end neighborhoods, other people can sue you or negatively impact you for not taking care of your home because that 1 dilapidated home lowers the value of everyone elses home… So… yeah… even if you want to throw some snark at the issue it’s complicated.
I agree with Cenk over Ana on Americans being overly obsessed with home ownership. There are some benefits to them, but they’re not as big as people make them out to be and I think for many people it’s psychological…especially the pass it onto your family idea. Even if you pass your home onto your kids, most likely your kids won’t want your shitty home because their job won’t be in the same community. At best, they’ll be able to sell it and MAYBE make some money…if you were well enough up to your death to maintain your home in good condition, or rich enough to pay someone else to do it.
Mrnsmi well when the bubble pops you can buy a home on the cheap, then maintain it, take good care of it, prices inflate for the new bubble, sell it, make a profit, and then rent.
If you’re just renting, let’s say 600 dollars a month, for 12 months, for 50 years. That’s 360k everyone else got to keep. Where as if you got a 50-60 year mortgage, invested reasonably in the stock market, had a 3-5% interest on the loans, and then invest that money at the average of the stock market, and let’s say on average you got 3-7% return on investment, you’re looking at 10s of thousands of dollars worth of profit with compounding interest. If you do things wisely, and are lucky you might end up with enough money to have bought a car or 2 with, and of course you take a long auto loan and invest that money, and make a few thousand more dollars.
Then hopefully when you pay all that stuff off, you can liquidate the assets at a profit, and then go retire in some place you rented and have a really good retirement until you die.
Luck being the biggest key with all those predictions. Not to mention having to be okay with selling your home to whatever poor sucker gets stuck with it right before the next bubble pops.
All of that would be fine, though, if that’s what you want to do, risks you’re willing to take, and losses you’re willing to incur if things don’t work out that perfectly for you.
However, Ana wasn’t talking about that. She was talking about your home a begin a legacy you can leave to your kids, and just the general sense of owning something. Well, on that, I agree with Cenk. These days you’ll never own your home really, the bank will own it most of your life if not all your life. Even if you do stay in your home until the day you die, the notion that you’ll leave it to your kids is mostly an illusion because they probably won’t end up living there themselves…at best, if it’s in good condition and you happen to die during a time when the housing market is really inflated, they’ll be able to sell it and make some money. If you die right after a bubble pops, though, your home will be a burden to them because they’ll have to sell it at loss (if they can find a buyer!) or pay property taxes until the bubble re-inflates.
I’m not totally against home ownership. There are benefits to it. I just think Americans have outdated and romantic notions about it that contribute to these housing bubbles and the market for subprime mortgages in the first place.
No Ana has been talking about housing bubbles and another one forming FOR YEARS.
The last thing you want to do is get a 500k dollar loan or mortgage for a house, and then have the property value crash because of housing bubbles where the banks buy up the houses, and trickle them out to artificially inflate the home value from a 200k home to a 500k home.
That’s how these subprime mortgages work. The houses are valued way higher than they’re supposed to be because of supply and demand tampering. But that only works for so long. If you get a variable rate at the beginning of the bubble your payments become so expensive you can’t keep up with it because your home doubled or tripled in value and your rates weren’t fixed.
Same here. And because I am granfathered in on Jarvis-Gann, my yearly property tax is less than $1K per year. That’s a huge component of being able to retire comfortably. Without worrying about where I will live the rest of my life. Paid off in another 6 years! Yeah Baby!
Plus I took out a home equity, built a small addition as rental property, and the rent from that pays the mortgage, the remodeling loan, and is a small source of income to boot. When that loan is paid off, it becomes income for life, as renting it out will never be a problem.
That’s what you can do with a sensible home investment, Cenk. That’s a slice of the pie done the old fashioned way. Live comfortably but not extravagantly, and you CAN realize that old cliche of the American Dream.
It’s weird to see Cenk take a Buddhist like position on home-ownership, though he’s dead wrong about it not being a mental benefit. Ana weakened her case by sounding so 1st world selfish at the end. I’m glad they’re bringing in Jesus to moderate again!
Big props to Ana for the Spring Breakers terrorizing animals story. Cenk, I have to disagree with you. It’s hardly “parental” to point out their bad behavior. The progressive movement is all about compassion. the way we treat animals is a direct reflection of our society. Comparing Spring Breakers who chant “Build a wall” to those who mistreat animals is pointless. One has nothing to do with the other…BOTH actions are horrible and should be condemned. Keep up the good work Ana!
I agree with Cenk on owning a house. I’ve purchased 3 houses in my lifetime and have been renting for the last 4 years. Renting does have it’s downfalls, especially if you have a landlord who is always in your business, but if you have a good landlord who leaves you alone, renting is so much more economical and can be SO much cheaper than buying. Owning a home can be a good investment, if you own it long enough, buy in a good area at a good price and make improvements to it, but it really can be a risk. After you pay closing costs and interest on your loan, insurance, property taxes…it can be really difficult to make money on a house when you sell it. I am currently renting a loft in Los Angeles and paying a fraction of what it would cost to own it. The “American dream” often sucks people into making bad decisions financially. Owning a home isn’t all it’s cracked up to be.
It is absurd to compare paying mortgage to paying rent. Mortgage interest is tax-deductible, for one. Building equity through property ownership has long-term advantages that can positively impact one’s future in many different ways.
There are obviously pitfalls to be avoided, like predatory loans and buying a property which one cannot actually afford (I remember feeling elated when a loan officer informed me of the high dollar amount the bank would pre-approve me for… then I calculated what the monthly on such a property would be, and that was exactly equal to my ENTIRE take-home salary after taxes. I called the loan officer back and said WTF, why do you “approve” people for amounts they cannot afford to pay back? She apologized and said these were the numbers she had to provide — she worked for Countrywide. Nuff said.)
Anyhow, there is a very important aspect to home ownership which is not discussed often enough. People who own property are, literally, INVESTED in it. They have a financial incentive to protect the area where they live, to nurture their communities and support their community. Big corporations don’t like this. They would rather that the under-classes be disposable and removable.
I like Ana a lot, but I like Cenk a lot also and think he describes several points of view that I don’t hear elsewhere. So I don’t need Cenk’s apology for running over time.
To hear Cenk so painfully incorrect about home ownership was sad. Firstly the concept that you really never own the house is a systemic problem, wherein the banking institutions extract the wealth of the middle class with next to no risk of their own. This is a structural problem, I’ve heard Cenk is quite a fighter for reforming the system? Secondly you know who do actually own property? The rich. Then they lobby the government to reduce their estate tax so they can transfer their estate to their children. This transference of wealth is one of the mechanisms the aristocracy have used to maintain a monopoly of power since their inception. Thirdly when you do not own a home you do not develop your own personal assets, your develop the assets of the owner of the property. Another mechanism of the wealthy.
A side note, no the middle class wanting to buy houses does not cause bubbles and result in financial crises. Do you know what does? Collateralized debt obligations and unbridled greed on unregulated banks.
There is an awesome point to be made around breaking down the concepts of ownership and establish shared property, but under the right systemic parameters. Not under the current model of the wealthy own, and the peasants rent.
I do want to say I find Cenk to be admirable, progressive and an incredible voice of hope in a volatile time. His thoughts on home ownership today seem poorly thought through and I hope he corrects himself in the future.
Oh, Cenk, not one… not ONE SINGLE Libertarian I know voted for Trump. Not one. In the end we all voted for Hillary (at least the eight or nine I know,) because I/we could see that Johnson wasn’t going to get that far after the Aleppo gaffe. (And I truly think the media over-hyped that incident because everyone has brain fart moments. I’VE had them in front of crowds of people when I was on official duty doing something work-related. So no one is immune to them.)
Here’s something to ponder— In certain cultures owning a home is a sign of stability. It’s shows to your peers (in that culture,) that you are able to provide for your family.
Depending on your lifestyle (i.e. I have horses,) for me to live in a suburb would make the cost of horse ownership too expensive. We did this at one time and the board for the horses for myself and my daughters (four horses in total) was more than my mortgage. Renting does make sense if you can rent for less than what a monthly mortgage might be, taxes included.
Now, it used to be (in this very country!) where, if you were a renter, and not an owner, you could not vote. Because technically you didn’t have a horse in the race. In large cities the schools in areas with high rentals and lots of families, suffered from lack of school tax collection So what you found were schools that were not serving their communities’ children to the extent that the suburban kids were. (I’m specifically thinking of Houston in the 70’s, and the kerfluffel over magnet schools, and the decline of the inner city schools.)
Naturally every one wants to send their child to the best-performing schools in the neighborhood. But if you were on one side of a highway (say, inside the loop) your kid goes to the school within the district where you live, even though it’s a little farther away (but it’s still inside the loop,) and not all that great, because the loop happens to be where the line is drawn. Meanwhile kids on the other side (outside of the loop) can go to a better performing school on their same same side of that highway (the loop.) The apartment-renting parents of the first kid say, “Hey, that better school is closer to our home, and it’s convenient for me drop off and pick up my genius offspring because I work in that area. Why can’t I take my kid there?”
See the dilemma? Yes, Houston got it situated, but not without a lot of protests of parents in the better neighborhoods saying “They don’t pay school taxes in my area, why should we educate their kids when their tax dollars are going into this other school district? (I was in high school when this was happening, so remember it fairly well.) And I’m sure Houston wasn’t the only city that suffered from this back then. And I’m willing to bet it still happens in this world somewhere.
So what if the dumbasses in power right now want to return to a time when only male property owners could vote? What if they said, “Renters don’t pay property taxes why should they get the right to vote. Bannon has said he want’s to deconstruct our government. So, what if? They’ve already disenfranchised numerous convicted felons who’ve already served their sentences, and the poor by making it difficult for them to get to the reduced number of polling places. What’s ONE MORE step going to hurt? What if this was something floating about in their fucked-up brains?
My break is over, gotta get back to work. —Dobermom
Cenk you were really annoying with the home ownership issue, you seem dismissing the issue, especially when you own your own house and you not seeing the benefit of ownership
Maaaan. After living under housing authority/public housing most my adult life, they treat you like cattle. You have to have a hotel-level clean house for the 4-6+ “Annual” inspections they do. If it’s more convenient for them they can and will move you to a new apartment without your consent and a letter upwards of two years in advance counts as their “30 day notice” requirement. I had to move apartments with 7 day notice to pack up everything and move it to a different apartment.
Owning a house represented freedom from that treatment.
Yeah, I’m not truly free as I don’t solely own the land I live on, but mortgage banks don’t care what you do with the property, they only care about getting your interest money, which to me is well worth being able to do what I want with my house and property (redecorate, start a garden, peace of mind I don’t have to ever let strangers in my house to judge my life and family under threat of eviction if they don’t like you).
100% Worth. The equity argument is just icing on the cake really.
PS: It’d be nice to add comments without the entire page refreshing ^_^;
Comments
YOU have problems with empathy, Cenk… no wonder you were a Republican…it shows way too often. Very very sad the way animals are treated and you think it’s being too “parenty” to criticize abusing them……I still love the shows, a member for a long time, but sometimes I can’t stand it/you….
Cenk I have to say you disappointed me this episode… setting aside the home ownership thing how could you be like “I don’t want to be too parenty” no eff that. I have been wasted, I’ve even been high, I have never been like “yeah I am going to eff with this animal so I can party hard”. NO it’s not too much to say this behavior is gross because it is.
Is the build the wall thing worse, yes, but I don’t have tunnel vision I can see that both are bad, both are wrong, and even at my most messed up in my most party days I never hurt other creatures because I thought it was funny.
And no I can’t set aside the home ownership thing like you were way too dismissive man… I can see your arguments but you were way too dismissive of the other side. And yes passing down homes is still something that happens and would happen a lot more if people didn’t get screwed over as much as they do.
Still love you Cenk but not my favorite hour with you…
The reason Gorsuch ruled against the trucker is because he wasn’t on Trump’s supreme court judges list in May 2016. Gorsuch ruled against the trucker 8/9/16, and voila, he got on Trump’s September supreme court list – he proved he was hateful enough for the rabid right Federalist haters Roberts & Alito.
Cenk, you’re wrong about home ownership. My daughter, who can’t get a job that pays her what’s she’s worth (she’s got a BA and a degree in health), needs whatever I can give her when I die.
I totally agre. The reason to leave a home for inheritance is so that hopefully your loved one does not have the burden of rising home costs. Then also hope they never have to borrow against it.
Got say without my late grandfather’s home, I’d never have one .
Love you guys, but I’d you’re not aware of what TOR is, you guys need a tech pundit.
Their reporters need to be using TOR.
I saw a video where Trump was visiting with truckers yesterday, while his Supreme Court pick, who ruled that a trucker should have risked death rather than leave his load, is being questioned . . .
Ana, you’re awesome, I love you, but you’re talking about people “not seeing the impact of their bad behavior”, and people doing things “just for their entertainment”, and talking down on the abuse of animals….
But you support not only torture, but murder as well, and the destruction of our planet, and the destruction of your own health, all through the form of animal agriculture and eating meat.
They are torturing animals for entertainment, and you are supporting the torture and murder, for the entertainment of your taste buds.
Just sayin!
#logic
What are you going to do lock up a cat for attacking a bird because you accidentally let it escape? Lock up the owner for killing a bird?
Humans are animals, animals are not human. There’s a level of distinction we give for a reason. If you were to ban meat in 3rd world countries (for example) you’d be dramatically hurting people. In some countries things are so bad that giving someone a smartphone and a goat, basically changes their life. They can breed the goat, milk it, and eventually sell it for meat and have movable assets, and some charities buy a goat and a cellphone for people to raise them out of dire poverty.
What are you going to do? Tell those poor people that barely get by with access to the internet and a few domestic livestock that they travel with, that they have to instead set up a farm in order to improve their situation? With what farm land? Almost all the non forest arid farmland is being used…
So only wealthy people should be Vegans? That’s not sustainable.
Stupid spring breakers. What morons.
Cenk, its not being “parantee”. In fact, its idiotic parents that produced these morons. They were never taught anything about the value of being polite, respectful, etc.
Best case for keeping abortion easy to get. In fact, I’d say fewer dolts like these morons would go a long ways towards improving society.
Shouldn’t the bank be paying us to maintain the integrity of their assets? If the “owner” doesn’t care for it, it could become almost worthless to the bank.
Yeah but then you paid 10s if not 100s of thousands of dollars for something that now has incredibly depreciated value, and as a matter of fact in the higher end neighborhoods, other people can sue you or negatively impact you for not taking care of your home because that 1 dilapidated home lowers the value of everyone elses home… So… yeah… even if you want to throw some snark at the issue it’s complicated.
I agree with Cenk over Ana on Americans being overly obsessed with home ownership. There are some benefits to them, but they’re not as big as people make them out to be and I think for many people it’s psychological…especially the pass it onto your family idea. Even if you pass your home onto your kids, most likely your kids won’t want your shitty home because their job won’t be in the same community. At best, they’ll be able to sell it and MAYBE make some money…if you were well enough up to your death to maintain your home in good condition, or rich enough to pay someone else to do it.
Mrnsmi well when the bubble pops you can buy a home on the cheap, then maintain it, take good care of it, prices inflate for the new bubble, sell it, make a profit, and then rent.
If you’re just renting, let’s say 600 dollars a month, for 12 months, for 50 years. That’s 360k everyone else got to keep. Where as if you got a 50-60 year mortgage, invested reasonably in the stock market, had a 3-5% interest on the loans, and then invest that money at the average of the stock market, and let’s say on average you got 3-7% return on investment, you’re looking at 10s of thousands of dollars worth of profit with compounding interest. If you do things wisely, and are lucky you might end up with enough money to have bought a car or 2 with, and of course you take a long auto loan and invest that money, and make a few thousand more dollars.
Then hopefully when you pay all that stuff off, you can liquidate the assets at a profit, and then go retire in some place you rented and have a really good retirement until you die.
That’s the hope.
Luck being the biggest key with all those predictions. Not to mention having to be okay with selling your home to whatever poor sucker gets stuck with it right before the next bubble pops.
All of that would be fine, though, if that’s what you want to do, risks you’re willing to take, and losses you’re willing to incur if things don’t work out that perfectly for you.
However, Ana wasn’t talking about that. She was talking about your home a begin a legacy you can leave to your kids, and just the general sense of owning something. Well, on that, I agree with Cenk. These days you’ll never own your home really, the bank will own it most of your life if not all your life. Even if you do stay in your home until the day you die, the notion that you’ll leave it to your kids is mostly an illusion because they probably won’t end up living there themselves…at best, if it’s in good condition and you happen to die during a time when the housing market is really inflated, they’ll be able to sell it and make some money. If you die right after a bubble pops, though, your home will be a burden to them because they’ll have to sell it at loss (if they can find a buyer!) or pay property taxes until the bubble re-inflates.
I’m not totally against home ownership. There are benefits to it. I just think Americans have outdated and romantic notions about it that contribute to these housing bubbles and the market for subprime mortgages in the first place.
No Ana has been talking about housing bubbles and another one forming FOR YEARS.
The last thing you want to do is get a 500k dollar loan or mortgage for a house, and then have the property value crash because of housing bubbles where the banks buy up the houses, and trickle them out to artificially inflate the home value from a 200k home to a 500k home.
That’s how these subprime mortgages work. The houses are valued way higher than they’re supposed to be because of supply and demand tampering. But that only works for so long. If you get a variable rate at the beginning of the bubble your payments become so expensive you can’t keep up with it because your home doubled or tripled in value and your rates weren’t fixed.
Trumpcare, YOU SHALL NOT PASSSSSSS! (I saw what you did there Cenk!)
My mortgage is less expensive than my house would be if I rented it.
Mine too, by about 30%. But selling a house is a real pain in the ass.
Same here. And because I am granfathered in on Jarvis-Gann, my yearly property tax is less than $1K per year. That’s a huge component of being able to retire comfortably. Without worrying about where I will live the rest of my life. Paid off in another 6 years! Yeah Baby!
Plus I took out a home equity, built a small addition as rental property, and the rent from that pays the mortgage, the remodeling loan, and is a small source of income to boot. When that loan is paid off, it becomes income for life, as renting it out will never be a problem.
That’s what you can do with a sensible home investment, Cenk. That’s a slice of the pie done the old fashioned way. Live comfortably but not extravagantly, and you CAN realize that old cliche of the American Dream.
It’s weird to see Cenk take a Buddhist like position on home-ownership, though he’s dead wrong about it not being a mental benefit. Ana weakened her case by sounding so 1st world selfish at the end. I’m glad they’re bringing in Jesus to moderate again!
Big props to Ana for the Spring Breakers terrorizing animals story. Cenk, I have to disagree with you. It’s hardly “parental” to point out their bad behavior. The progressive movement is all about compassion. the way we treat animals is a direct reflection of our society. Comparing Spring Breakers who chant “Build a wall” to those who mistreat animals is pointless. One has nothing to do with the other…BOTH actions are horrible and should be condemned. Keep up the good work Ana!
I agree with Cenk on owning a house. I’ve purchased 3 houses in my lifetime and have been renting for the last 4 years. Renting does have it’s downfalls, especially if you have a landlord who is always in your business, but if you have a good landlord who leaves you alone, renting is so much more economical and can be SO much cheaper than buying. Owning a home can be a good investment, if you own it long enough, buy in a good area at a good price and make improvements to it, but it really can be a risk. After you pay closing costs and interest on your loan, insurance, property taxes…it can be really difficult to make money on a house when you sell it. I am currently renting a loft in Los Angeles and paying a fraction of what it would cost to own it. The “American dream” often sucks people into making bad decisions financially. Owning a home isn’t all it’s cracked up to be.
Digging the thrash! \m/\m/
It is absurd to compare paying mortgage to paying rent. Mortgage interest is tax-deductible, for one. Building equity through property ownership has long-term advantages that can positively impact one’s future in many different ways.
There are obviously pitfalls to be avoided, like predatory loans and buying a property which one cannot actually afford (I remember feeling elated when a loan officer informed me of the high dollar amount the bank would pre-approve me for… then I calculated what the monthly on such a property would be, and that was exactly equal to my ENTIRE take-home salary after taxes. I called the loan officer back and said WTF, why do you “approve” people for amounts they cannot afford to pay back? She apologized and said these were the numbers she had to provide — she worked for Countrywide. Nuff said.)
Anyhow, there is a very important aspect to home ownership which is not discussed often enough. People who own property are, literally, INVESTED in it. They have a financial incentive to protect the area where they live, to nurture their communities and support their community. Big corporations don’t like this. They would rather that the under-classes be disposable and removable.
I like Ana a lot, but I like Cenk a lot also and think he describes several points of view that I don’t hear elsewhere. So I don’t need Cenk’s apology for running over time.
To hear Cenk so painfully incorrect about home ownership was sad. Firstly the concept that you really never own the house is a systemic problem, wherein the banking institutions extract the wealth of the middle class with next to no risk of their own. This is a structural problem, I’ve heard Cenk is quite a fighter for reforming the system? Secondly you know who do actually own property? The rich. Then they lobby the government to reduce their estate tax so they can transfer their estate to their children. This transference of wealth is one of the mechanisms the aristocracy have used to maintain a monopoly of power since their inception. Thirdly when you do not own a home you do not develop your own personal assets, your develop the assets of the owner of the property. Another mechanism of the wealthy.
A side note, no the middle class wanting to buy houses does not cause bubbles and result in financial crises. Do you know what does? Collateralized debt obligations and unbridled greed on unregulated banks.
There is an awesome point to be made around breaking down the concepts of ownership and establish shared property, but under the right systemic parameters. Not under the current model of the wealthy own, and the peasants rent.
I do want to say I find Cenk to be admirable, progressive and an incredible voice of hope in a volatile time. His thoughts on home ownership today seem poorly thought through and I hope he corrects himself in the future.
Tombstones damaged at New York cemetery not vandalism, say police: http://edition.cnn.com/2017/03/05/us/brooklyn-jewish-cemetery-tombstones-overturned/
“…like the dwarves releasing the balrog.” Thanks Cenk, that will definitely be my new analogy for greed.
Oh, Cenk, not one… not ONE SINGLE Libertarian I know voted for Trump. Not one. In the end we all voted for Hillary (at least the eight or nine I know,) because I/we could see that Johnson wasn’t going to get that far after the Aleppo gaffe. (And I truly think the media over-hyped that incident because everyone has brain fart moments. I’VE had them in front of crowds of people when I was on official duty doing something work-related. So no one is immune to them.)
The animal abuse clips are so horrible! What has happened to society? :(
Here’s something to ponder— In certain cultures owning a home is a sign of stability. It’s shows to your peers (in that culture,) that you are able to provide for your family.
Depending on your lifestyle (i.e. I have horses,) for me to live in a suburb would make the cost of horse ownership too expensive. We did this at one time and the board for the horses for myself and my daughters (four horses in total) was more than my mortgage. Renting does make sense if you can rent for less than what a monthly mortgage might be, taxes included.
Now, it used to be (in this very country!) where, if you were a renter, and not an owner, you could not vote. Because technically you didn’t have a horse in the race. In large cities the schools in areas with high rentals and lots of families, suffered from lack of school tax collection So what you found were schools that were not serving their communities’ children to the extent that the suburban kids were. (I’m specifically thinking of Houston in the 70’s, and the kerfluffel over magnet schools, and the decline of the inner city schools.)
Naturally every one wants to send their child to the best-performing schools in the neighborhood. But if you were on one side of a highway (say, inside the loop) your kid goes to the school within the district where you live, even though it’s a little farther away (but it’s still inside the loop,) and not all that great, because the loop happens to be where the line is drawn. Meanwhile kids on the other side (outside of the loop) can go to a better performing school on their same same side of that highway (the loop.) The apartment-renting parents of the first kid say, “Hey, that better school is closer to our home, and it’s convenient for me drop off and pick up my genius offspring because I work in that area. Why can’t I take my kid there?”
See the dilemma? Yes, Houston got it situated, but not without a lot of protests of parents in the better neighborhoods saying “They don’t pay school taxes in my area, why should we educate their kids when their tax dollars are going into this other school district? (I was in high school when this was happening, so remember it fairly well.) And I’m sure Houston wasn’t the only city that suffered from this back then. And I’m willing to bet it still happens in this world somewhere.
So what if the dumbasses in power right now want to return to a time when only male property owners could vote? What if they said, “Renters don’t pay property taxes why should they get the right to vote. Bannon has said he want’s to deconstruct our government. So, what if? They’ve already disenfranchised numerous convicted felons who’ve already served their sentences, and the poor by making it difficult for them to get to the reduced number of polling places. What’s ONE MORE step going to hurt? What if this was something floating about in their fucked-up brains?
My break is over, gotta get back to work. —Dobermom
I believe “Adam Ruins Everything” has already debunked home ownership myths:
https://www.youtube.com/watch?v=YHU_KLYhibI
Home ownership? Cenk, that’s like, your opinion man.
Cenk you were really annoying with the home ownership issue, you seem dismissing the issue, especially when you own your own house and you not seeing the benefit of ownership
Maaaan. After living under housing authority/public housing most my adult life, they treat you like cattle. You have to have a hotel-level clean house for the 4-6+ “Annual” inspections they do. If it’s more convenient for them they can and will move you to a new apartment without your consent and a letter upwards of two years in advance counts as their “30 day notice” requirement. I had to move apartments with 7 day notice to pack up everything and move it to a different apartment.
Owning a house represented freedom from that treatment.
Yeah, I’m not truly free as I don’t solely own the land I live on, but mortgage banks don’t care what you do with the property, they only care about getting your interest money, which to me is well worth being able to do what I want with my house and property (redecorate, start a garden, peace of mind I don’t have to ever let strangers in my house to judge my life and family under threat of eviction if they don’t like you).
100% Worth. The equity argument is just icing on the cake really.
PS: It’d be nice to add comments without the entire page refreshing ^_^;