Interest rates on the rise now that the election is over...

When the interest rates go up (and they will at some point), the national debt becomes much more of a problem as the min payments go up. $9 trillion of it goes straight to Obama....
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Originally posted by: chefantwon
When the interest rates go up (and they will at some point), the national debt becomes much more of a problem as the min payments go up. $9 trillion of it goes straight to Obama....


George Bush's wars and tax cuts were expensive. A lot of the bills didn't come due until after he left office. If you care about national debt, you voted for the wrong guy. Trump is getting ready to go on a borrowing spree to finance huge tax cuts.
From what I am hearing the bond market is taking a big hit since the election and rates are already higher and expected to go higher again in Dec. Home buyers looking to buy in the near future should lock their rates before the next increase.
Lots of things will go up thanks to Orange Adolf.
Interest rates, unemployment, the debt, the deficit, medical and drug costs, false flag operations to get us bogged down in another expensive unneeded war.....
.....and the alt-right rubes here will cheer it on and make excuses....

Toomany10pins told us too many times that Hillary was not a crook, and that Hillary was going to win. He's wrong too many times.


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Originally posted by: Toomany10pins
Lots of things will go up thanks to Orange Adolf.
Interest rates, unemployment, the debt, the deficit, medical and drug costs, false flag operations to get us bogged down in another expensive unneeded war.....
.....and the alt-right rubes here will cheer it on and make excuses....


Boilerman's definition of "crook" is anyone anyone he disagrees with politically. Note - His definition does not encompass someone that coughs up 25 million of restitution to plaintiffs in a fraud case.

So you are saying the economy has been horrible for 8 years?
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Originally posted by: billryan
The Fed is independent, and rates will rise if the economy merits it.


Every quarter for the past several years there's been speculation almost every meeting rates were going up 1/4 point. I think they've raised it once in the past many years, it all depends on the economy and how Yellen et. al. think. She's been pretty doveish, but I believe rates will go up another 1/4, if not this meeting, probably the next assuming the economy is still progressing. even at the snail's pace it has been. Rates have been kept low for the past, what, 7-8 years? That's somewhat of a silver lining in the massive debt the O has piled on since then, it's all been at relatively low interest rates.

I'm not a bond guy but I know the bond market has taken a huge hit in the past few years but particularly hard recently, but like I said, not a bond guy and don't know much about the whole bond market, but I watch financial channels a lot and just parroting what I've heard.
Then please explain why Boiler doesn't believe that Bernie's a crook.


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Originally posted by: pjstroh
Boilerman's definition of "crook" is anyone anyone he disagrees with politically. Note - His definition does not encompass someone that coughs up 25 million of restitution to plaintiffs in a fraud case.


Then please explain why Boiler doesn't believe that Bernie's a crook.


Quote

Originally posted by: pjstroh
Boilerman's definition of "crook" is anyone anyone he disagrees with politically. Note - His definition does not encompass someone that coughs up 25 million of restitution to plaintiffs in a fraud case.


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