July 29, 2016

Home Ownership Dives To Lowest Point Since 1965: Basement Renovation Companies Cheer! [CBD]
— Open Blogger

Even though the headline is incorrect, and the article is mostly crap, Millennials Cause Home Ownership to Drop to Its Lowest Level Since 1965 is interesting for the points it unintentionally raises. By the way, the headline should have been, Coddled Children Of Coddled Children Aren't Growing Up, which is the story of our times.

Millennials are not only burdened by student loan debt, but they have also delayed life choices like marriage and parenthood, which are the primary drivers of home ownership.

I accept the fact that Millennials owe a lot of money for their "Lesbian Poetry of 16th Century Low-Country Wiccans" degrees, but I categorically reject the idea that the debt was somehow thrust upon them by unnamed evil capitalists. Nobody "burdened" them with anything. The fact that many of these basement-dwelling, X-box-playing retards were insufficiently aware of the state of the employment market when they decided to 1) go to college instead of working for the local plumber and, 2) take 5+ years to finish a bullshit major that will never provide the income to pay back those loans is entirely their responsibility. If anyone is to blame it is the parents of these entitled, dissolute assholes. They made it easy for their spawn to reject responsibility, adulthood, self-respect, personal hygiene, and a few things I haven't thought of yet.

The sad thing is that many of these toads have bought into the illogical pipe-dream that is socialism-lite...a la Bernie Sanders. Had they gotten an actual education instead of jerking off for five years they might have learned something about that mythical cradle-to-grave support system that everyone is owed by their benevolent government. It often ends in gulags or, in the case of Sweden, a country so disinterested in its own survival that it accepts invaders whose first goal is to rape every native woman (and many native men) in the country.

The leftist drivel that universal home-ownership is an unalloyed economic boon is nonsense. But what home ownership does is connect the owners to the community, something that Millenials are sorely lacking. And with decreasing connections to community, is it any wonder that interest in and love of country is also decaying?

Posted by: Open Blogger at 01:35 PM | Comments (339)
Post contains 390 words, total size 3 kb.

1 Foist

Posted by: A dude in MI at July 29, 2016 01:37 PM (0LQ4f)

2 Time for a Federal program!  Time to threaten banks and lenders into making high-risk loans!

Because what we need is another mortgage crisis.

Posted by: Qoheleth at July 29, 2016 01:38 PM (iIzG7)

3 Best. Economy. Ever.

Posted by: Ashley Judd's Puffy Scamper, formerly MrCaniac at July 29, 2016 01:39 PM (1JnAL)

4 Hasn't Hillary said she would fix this with a free program, no limits....

Posted by: Colin at July 29, 2016 01:39 PM (6+jI3)

5 But America is still great, don't let anyone tell you differently!! It's perfectly normal to be in your 30's and still live at home.

Posted by: Maritime at July 29, 2016 01:40 PM (dA1ny)

6 Best. Economy. Ever.

Not after the Federal government puts a few more torpedoes into it.  This "recovery" is going to be Titanic.

Posted by: Qoheleth at July 29, 2016 01:40 PM (iIzG7)

7 On the flip side, you can now instantaneously look up Margot Robbie's chest size on a device you carry in your pocket!

Posted by: on a whim at July 29, 2016 01:41 PM (rLrEx)

8 I saw X-Box Playing Retards open for Loverboy in 1984 at Newgate Prison in Richmond.

Posted by: Ashley Judd's Puffy Scamper, formerly MrCaniac at July 29, 2016 01:41 PM (1JnAL)

9 Not only is the basement a great place for the millennials to reside it's also a great place to keep your private server. Or so I've been told.

Posted by: Minnfidel at July 29, 2016 01:41 PM (dNwFH)

10 I don't live with my mom. She lives with me.

Posted by: Howard Wallowitz at July 29, 2016 01:41 PM (RwwCT)

11 But but but the economy is red hot and booming and there is no unemployment or inflation!!!!

Posted by: Obamabot at July 29, 2016 01:42 PM (mpXpK)

12 Recovery summer has been a blast this year, again.

Posted by: Tinfoilbaby at July 29, 2016 01:42 PM (6Ll1u)

13 It was the gubmint, in the form of do-gooders that thrust all this debt upon students. The Evil Capitalist system would find student loans, in a free market, to be too risky.

   It was government's heavy hand that made it possible. The student loan business has always been a racket.

Posted by: publius (not Breitbart publius) at July 29, 2016 01:42 PM (DW+jj)

14 Mike Rowe is an unappreciated genius.

Posted by: Jmel at July 29, 2016 01:42 PM (15vyA)

15 I minored in LP16CL-CW. Sure it doesn't help me in life as much as my CS degree, but it makes me a more well-rounded person.

Posted by: Steven S. at July 29, 2016 01:43 PM (JpEvT)

16 But but but the economy is red hot and booming...

So is an active volcano, and they're both craters that I'm not about to hike into.

Posted by: Qoheleth at July 29, 2016 01:43 PM (iIzG7)

17 Get a job, losers. My Social Security ain't gonna pay itself.

Posted by: BignJames at July 29, 2016 01:43 PM (/D5Lf)

18 Useless degrees? Those baskets aren't going to weave themselves!

Posted by: Mr Wonderful at July 29, 2016 01:44 PM (N7G17)

19 The fact that many of these basement-dwelling, X-box-playing retards were insufficiently aware of the state of the employment market when they decided to 1) go to college instead of working for the local plumber and, 2) take 5+ years to finish a bullshit major that will never provide the income to pay back those loans is entirely their responsibility.
---
And yet the fact that there are no jobs for them, which was well known by the school administrators and loan departments that cheered them on, and probably by their parents who insisted they go to college because 1) Everyone does and B) Everyone should have the college experience, makes it impossible for them to meet that 'responsibility'.

In a sane world everyone who lent those folks money because college loans are 'safe' would lose every penny of it, discouraging them or others for making similar loans in the future, and the kids would declare bankruptcy like anyone else with unpayable debts and not be in a position to borrow again for a long time if ever.

Instead, one way or another, the Fed will print more money to make the matter go away. Somehow. And everyone who wasn't part of the debacle will pay in inflation anyway, but no one will actually learn any lesson.

Posted by: Methos, AoSHQ commenter since 2006, now apperently nonvoting democrat at July 29, 2016 01:44 PM (3Liv/)

20 It often ends in gulags or, in the case of Sweden, a country so disinterested in its own survival that it accepts invaders whose first goal is to rape every native woman (and many native men) in the country. Don't forget me.

Posted by: Swedish goat at July 29, 2016 01:44 PM (IqV8l)

21 The ridiculous inflation of tuition is also the result of all this govt. guaranteed student loans, throwing money at the system and driving the price up.

Posted by: publius (not Breitbart publius) at July 29, 2016 01:44 PM (DW+jj)

22 Recovery summer has been a blast this year, again.

If you mean our elected overlords are trying to figure out how to strap a couple of pipe bombs to it, then I'd call that accurate.

Posted by: Qoheleth at July 29, 2016 01:44 PM (iIzG7)

23 Mom! We're out of chips AGAIN!!!

Posted by: Minnfidel at July 29, 2016 01:45 PM (dNwFH)

24 Green shoots.

Posted by: CaliGirl at July 29, 2016 01:45 PM (eU/yZ)

25 Destroying the idea of personal ownership of ANY sort of property is a big goal for the left. Everything is right on schedule!

Posted by: RKae at July 29, 2016 01:46 PM (lbHXQ)

26 Earlier today, I was seriously considering advising my 13 year old to go to vocational school instead of college after graduation. With the things coming over the horizon added to the things already there, its looking like more and more of a sucker bet.

Posted by: Mr. Peebles at July 29, 2016 01:46 PM (L7t0A)

27 CBD I linked to an article several months ago that said part of the problem was that the new home buyers of today were no longer buying what used to be called "starter homes".  Those were usually smaller homes in less affluent neighborhoods with lower payments.  These were good for two things, one they were affordable and two they help establish good credit.   They said new home buyers now were delaying buying a home until they could raise the capital to buy a bigger and nicer home in better neighborhoods. 

Posted by: Vic[/i] We Have No Party at July 29, 2016 01:46 PM (mpXpK)

28 home ownership does not connect the owners to the community. People connected to the community buy homes. The former has cause and effect reversed.

Posted by: Gentlemen, this is democracy manifest at July 29, 2016 01:46 PM (LWu6U)

29 Come on, millennials. Step it up. You've got to support my elder years. So, chop chop!

Posted by: Soona at July 29, 2016 01:47 PM (Fmupd)

30 2 Time for a Federal program! Time to threaten banks and lenders into making high-risk loans!

Because what we need is another mortgage crisis.

Posted by: Qoheleth at July 29, 2016 06:38 PM (iIzG7)


Obama has already been doing that now for several years pushing inner city loans for people with bad credit.

Posted by: Vic[/i] We Have No Party at July 29, 2016 01:47 PM (mpXpK)

31 The basement be my life Mr 1 Percenter!

Posted by: malignantly aggrieved and economically useless at July 29, 2016 01:47 PM (3ZttN)

32 Remember how the Dems were big cronies with Fannie and Freddie. Well, the student loan version of that was known as Sallie Mae. Guess who got the most campaign donations from ol' Sallie. Yep, the Repubs.

Posted by: publius (not Breitbart publius) at July 29, 2016 01:48 PM (DW+jj)

33 Government policy is the direct cause of the dramatic increase in student loan debt.  Not only does the federal government directly disburse many billions in student loans each year, but the Republican Party, in its infinite wisdom, passed the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, thanks to which private student loans became non-dischargeable in bankruptcy and thereafter exploded, now also contributing many billions in student loans each year.

The solution is to alter the law so as to remove the non-dischargeability for future private loans (not existing ones), which would result in private lenders only extending loans if they expected to be paid back, largely eliminating the private loan sector.  The federal government could also scale back, or outright eliminate, its own loans.

It's easy to blame those taking the loans, but the system is intentionally constructed so as to burden those herded into unproductive college degrees (who will tend to blame their private lenders and vote for politicians promising to pay their debt with government funds) and to funnel as much money as possible to leftist professors and bureaucrats.

Posted by: My Ridiculously Circuitous Plan at July 29, 2016 01:48 PM (EIB5Y)

34 The ridiculous inflation of tuition is also the result of all this govt. guaranteed student loans, throwing money at the system and driving the price up. Yep. And the flood of underqualified students decrease the value of the degrees anyway, as well as the basket-weaving courses that have to be added to give them busy-work and placate the activist extortion.

Posted by: Mr. Peebles at July 29, 2016 01:48 PM (L7t0A)

35 And get off my lawn!

Posted by: the other coyote at July 29, 2016 01:48 PM (yK44T)

36 I was basement, when basement wasn't cool....

Posted by: palin-steele at July 29, 2016 01:49 PM (MNzex)

37 Destroying the idea of personal ownership of ANY sort of property is a big goal for the left. But it's still yours when they tax it.

Posted by: Mr. Peebles at July 29, 2016 01:49 PM (L7t0A)

38 I'll just leave this here: Perpetual College Living and the Marxist Dream "It is the vision of hipsters! They do some meaningful labor that everyone shares and benefits from and spend the rest of the time enjoying the meaningful labor that everyone else shares and benefits from. Not just the labor of working at some meaningful dream job, but of a collective total existence. They think that they can work as a barista and then spending the rest of the time doing poetry, studying Marxist philosophy, enjoying interpretive dance, &c.... all without parasitically sucking off of the trust fund set up by Mommy and Daddy. It is the dream of eternal college and student co-op." http://preview.tinyurl.com/zb63kl4

Posted by: The Political Hat at July 29, 2016 01:49 PM (vBeA5)

39 Many milenials don't even have a car. No sense of independence whatsoever. They're perfect for the Fredo/Hildebeast nation.

Posted by: Soona at July 29, 2016 01:50 PM (Fmupd)

40 9 Not only is the basement a great place for the millennials to reside it's also a great place to keep your private server. Or so I've been told.

Posted by: Minnfidel at July 29, 2016 06:41 PM (dNwFH)

Servers can make great pizza warmers. That's Really the Only Reason My Super-Secret Server is in the basement.  Plus, no hosting fees!  I'm being green. . .

Posted by: Hillary's Idiot Tech Complete with Legal Immunity at July 29, 2016 01:50 PM (SXVyF)

41 Obama has already been doing that now for several years pushing inner city loans for people with bad credit.

Yeah, it's the second coming of the NINJA loan.  I've been in the escrow business, and I've seen how that works.

Posted by: Qoheleth at July 29, 2016 01:50 PM (iIzG7)

42
May we suggest some tax credits and block grants to the states?

Posted by: The GOP

Posted by: Laurie David's Cervix at July 29, 2016 01:50 PM (kdS6q)

43 To be fair those of us who graduated high school at the turn of the century really did get fucked. The job market looked great. Home sales were booming and then BAM a crash right as we went into the work force. Now, that's not to say it's insurmountable. My husband and I are homeowners and make decent money, but the world drastically changed in just a few years for us.

Posted by: Lauren at July 29, 2016 01:50 PM (K8fOt)

44 Take that you Capitalist pigs! We have the solution for youth unemployment! http://preview.tinyurl.com/hagsrtk

Posted by: President Maduro at July 29, 2016 01:50 PM (vBeA5)

45 I have had multiole surgeries from a freak accident exercising and incurable nerve damage in the form of several types neuropathy and reflexive sympathetic dystrophy (42 out of 50 on the McGill pain scale) to deal since my middle 20's. I take nothing from the government and give nothing. I don't dabble in the Black market for easy cash when I very easily could. I have an IQ in the 140's but I'm a semester short of a degree. Can't afford to go back. I own a house. I have a child. Momma Cactus lives with me part time and Sister Cactus part time. I work when the pain is manageable and when I'm not recovering from another surgery. For some of us life happens and we should not be sent to the ovens when the pendulum of Order sweeps this country. Just sayin.

Posted by: Cactus of Liberty at July 29, 2016 01:50 PM (a94gW)

46 Sure, the economy hasn't done so hot in the first half of the year, but we're all geared up for Summer of Recovery VII: Back with a Vengeance!!!

Posted by: Uncle Joe Biden at July 29, 2016 01:51 PM (EIB5Y)

47 NPR had a spot the other day saying that most of the student loan defaulters had small loans in the $5000 range where the folks with the big loans were not defaulting.

Posted by: Bertram Cabot Jr. at July 29, 2016 01:51 PM (IqV8l)

48 Good post. Unintended consequences. Always the pimp hand of reality.

Posted by: Aetius451AD at July 29, 2016 01:51 PM (3ZoRf)

49 CBD. Its not capitalists who fleeced them. Its the evil college/government loan complex. They should be told they have been fleeced, and also who did it. Sure sure, let the buyer beware, but I don't think a bit of jujitsu to shift their ire to the college commies who actually put them in this hole would be a bad thing.

Posted by: Palerider at July 29, 2016 01:51 PM (dkExz)

50 I met my old sixth-grade teacher a while ago. (I was in his class in 1974.) He told me that, by the time he retired, my old school had transformed into a slum, and he blamed a lot of that decline on (and I found this interesting) the massive apartment complex that was built right next to the school. He said, "Kids who live in apartments are totally different from kids who live in houses. Nearly all of them had single moms. If there was any man living with them it was 'mom's boyfriend,' who was more interested in the kids than the mother, if you know what I mean." Very depressing conversation.

Posted by: RKae at July 29, 2016 01:52 PM (lbHXQ)

51 Big question for Hillary and Bernie regarding that entire "forgive student loan debt": Isn't a loan that is forgiven considered income for income tax purposes? How could someone with a six-digit loan pay off a five-digit tax bill?

Posted by: The Inquiring Hat at July 29, 2016 01:52 PM (vBeA5)

52 The solution is simple. Make the Schools cosigners for the loans. Special snowflake can't pay? Ante up Big University.

Posted by: ManWithNoParty at July 29, 2016 01:53 PM (WZoaY)

53 "Earlier today, I was seriously considering advising my 13 year old to go to vocational school instead of college after graduation. With the things coming over the horizon added to the things already there, its looking like more and more of a sucker bet. " I told my kids that unless they want to work in a career that absolutely requires college (Doctor, Lawyer, Accounting) they should consider alternative pathways. Because 60k for a polisci degree as a stay at home mom was a...bad life choice.

Posted by: Lauren at July 29, 2016 01:53 PM (K8fOt)

54 People with no real connection to a community are easy to sway since they are still seeking to belong.

Posted by: Anna Puma at July 29, 2016 01:53 PM (f4mjo)

55 How could someone with a six-digit loan pay off a five-digit tax bill?

It's us taxpayers who'll be writing that check, too. 

Posted by: Qoheleth at July 29, 2016 01:53 PM (iIzG7)

56 Interesting.  I was in Panama in March and most unmarried women still live with their parents.




Posted by: Nip Sip at July 29, 2016 01:54 PM (F1iXz)

57 And everyone wonders why politicians are pushing for $15/hr minimum wage. It's a tax on business (really consumers, i know) that they think will cover student loan debt.

Posted by: tbodie at July 29, 2016 01:54 PM (hQt/L)

58 The solution is to alter the law so as to remove the non-dischargeability for future private loans (not existing ones), which would result in private lenders only extending loans if they expected to be paid back, largely eliminating the private loan sector. I thought the private student loan sector was already extinct.

Posted by: Grump928(C) says Free Soothie! at July 29, 2016 01:54 PM (rwI+c)

59 This is terrible, but right now two goldfinches are merrily humping in the shrubbery.

Posted by: Ben Johnson at July 29, 2016 01:54 PM (3GFMN)

60 Sure sure, let the buyer beware, but I don't think a bit of jujitsu to shift their ire to the college commies who actually put them in this hole would be a bad thing. Posted by: Palerider at July 29, 2016 06:51 PM (dkExz) You are still arguing from the side of reason though. Is it easier to believe that the people who told you that a women's degree focusing on the plight of 16th century loomers is to blame? Or to listen to that same person who tells you that if you just vote for their chosen candidate, your debt will be forgiven and they will keep spreading the good word?

Posted by: Aetius451AD at July 29, 2016 01:54 PM (3ZoRf)

61 CBD. Its not capitalists who fleeced them. Its the evil college/government loan complex. They should be told they have been fleeced, and also who did it. Sure sure, let the buyer beware, but I don't think a bit of jujitsu to shift their ire to the college commies who actually put them in this hole would be a bad thing. Posted by: Palerider at July 29, 2016 06:51 PM (dkExz) The students never see the money. They colleges set up high tuition rates, and the government gives them the money directly, all while sticking the student with the bill.

Posted by: The Pound of Hat at July 29, 2016 01:54 PM (vBeA5)

62 I think most unmarried Peruvian women still live with their parents, in a ditch.

Posted by: Grump928(C) says Free Soothie! at July 29, 2016 01:55 PM (rwI+c)

63 is it any wonder that interest in and love of country is also decaying? God bless America? No, no, NO! God DAMN America!!

Posted by: Jeremiah Wright at July 29, 2016 01:55 PM (zc3Db)

64 On the other hand, illegal aliens have a lot of children.  Anybody wonder why our elected overlords are in favor of amnesty?

Posted by: huerfano at July 29, 2016 01:55 PM (jkkMG)

65
Big question for Hillary and Bernie regarding that entire "forgive student loan debt": Isn't a loan that is forgiven considered income for income tax purposes?
How could someone with a six-digit loan pay off a five-digit tax bill?
Posted by: The Inquiring Hat




Just another statue to be modified or rule to be interpreted.

Done.



Posted by: Laurie David's Cervix at July 29, 2016 01:55 PM (kdS6q)

66 Long time lurker, here. This post is excellent. My daughter got her degree at 22, no loans - has a decent-paying job doing inspections for state Dept of agriculture (yeah, so she has to crawl under houses sometimes, but you do what you gotta do, right?) - and just bought her first house. She's 24. I thank my lucky stars every day for her.

Posted by: Reine at July 29, 2016 01:56 PM (Z+JNA)

67 Obama's new diversify the suburbs regulations are just another straw on the camel's back. It was planned this way, break the system and then "save" it.

Posted by: Tinfoilbaby at July 29, 2016 01:56 PM (6Ll1u)

68 You think a good education is cheap?

Posted by: The Diversity Department at July 29, 2016 01:56 PM (3GFMN)

69 Ssshhhh Hat, They want to make sure these people have mortgaged their lives to the government store.

Posted by: Anna Puma at July 29, 2016 01:56 PM (f4mjo)

70 This post is excellent. My daughter got her degree at 22, no loans - has a decent-paying job doing inspections for state Dept of agriculture (yeah, so she has to crawl under houses sometimes, but you do what you gotta do, right?) - and just bought her first house. She's 24. I thank my lucky stars every day for her. Posted by: Reine at July 29, 2016 06:56 PM (Z+JNA) You did a good job there.

Posted by: Aetius451AD at July 29, 2016 01:56 PM (3ZoRf)

71 These Prevegen commercials, the seaweed shit, are making me dumber every time they run.



For god sakes, give me a break here.

Posted by: Nip Sip at July 29, 2016 01:56 PM (F1iXz)

72 The ridiculous inflation of tuition is also the result of all this govt. guaranteed student loans, throwing money at the system and driving the price up. Yep. And the flood of underqualified students decrease the value of the degrees anyway, as well as the basket-weaving courses that have to be added to give them busy-work and placate the activist extortion. Posted by: Mr. Peebles at July 29, 2016 06:48 PM This and this.

Posted by: Minnfidel at July 29, 2016 01:57 PM (dNwFH)

73 The solution is simple. Make the Schools cosigners for the loans. Special snowflake can't pay? Ante up Big University. Posted by: ManWithNoParty at July 29, 2016 06:53 PM (WZoaY) That's a pretty good idea. I don't see any downside to it.

Posted by: ThePrimordialOrderedPair at July 29, 2016 01:57 PM (zc3Db)

74 The solution is simple. Make the Schools cosigners for the loans.

And get the government guarantees out, too.  Make the lenders look at the loan like any other investment -- and evaluate the collateral (success in high school as an indicator of success in college) and the likelihood of repayment (the course of study and the chances of landing a job where the kid will be able to pay off the loan).

Posted by: Qoheleth at July 29, 2016 01:57 PM (iIzG7)

75 You 1 percenters best get to pedaling faster--my beer refrigerator is running low on inventory. Time for you to take your corruption and cronyism seriously and provide for the less fortunate basement dwellers among you. Do not trigger me over this beer situation again!

Posted by: malignantly aggrieved and economically useless at July 29, 2016 01:57 PM (3ZttN)

76 I accept the fact that Millennials owe a lot of money for their "Lesbian Poetry of 16th Century Low-Country Wiccans" degrees -------------------------------------------------------------- This is the reason I don't fret about people with college degrees going against Trump. There is a lot stupid college degrees out there that should not exist in the first place. It is not like we have a horde of aerospace engineers out there just waiting for communist liberation. At some point in the near future the workers and employers who actually care about the Republic may just have to pull the plug on the American experiment and start over again.

Posted by: William Eaton at July 29, 2016 01:57 PM (KhJh8)

77 56 Interesting. I was in Panama in March and most unmarried women still live with their parents. Posted by: Nip Sip at July 29, 2016 06:54 PM (F1iXz) Patience. The leftists striving to be like Panama is just an election away.

Posted by: Soona at July 29, 2016 01:57 PM (Fmupd)

78 Take that you Capitalist pigs! We have the solution for youth unemployment! http://preview.tinyurl.com/hagsrtk Posted by: President Maduro at July 29, 2016 06:50 PM A different version of Colin Powell's "mandatory volunteerism."

Posted by: Bertram Cabot Jr. at July 29, 2016 01:57 PM (IqV8l)

79 I told my kids that unless they want to work in a career that absolutely requires college (Doctor, Lawyer, Accounting) they should consider alternative pathways. Because 60k for a polisci degree as a stay at home mom was a...bad life choice. Posted by: Lauren at July 29, 2016 06:53 PM (K8fOt) Sadly, a college degree is expected, even in many jobs that don't require it. I'd suggest doing community college. It's more affordable and you can do it part time or in the evenings/weekend while working part time or even full time. Heck, take courses in the Summer while in High School. That way, if it turns out they really need a B.A. or B.S. in something, they only have to spend two years doing it, or perhaps four years while working at least part time.

Posted by: The Academic Hat at July 29, 2016 01:58 PM (vBeA5)

80 The road to my Eternity of Glory will be paved with your crushed bones! The grass will be fed with your steaming blood! Your organs will feed the Birds of Paradise! I will build the economy by enslaving all white males, using them to build my roads and temples, and forever serve the sexual needs of my worshipers and my farm animals! I shall build a Rodham-Reich that will last a 1,000 years!

Posted by: Hitlery Macbeth at July 29, 2016 01:58 PM (qcmqL)

81 What this right-wing screed fails to take into account is the right of a scholarly professor to a comfortable existence, and preferable a summer home in Tuscany.

Posted by: Professor Zinn at July 29, 2016 01:58 PM (3GFMN)

82 I'm going to have to disagree with you on this CBD. If you look at historic data on median income vs house price or median income vs cost of university, it has skyrocketed compared to 20+ years ago.

Posted by: Matt at July 29, 2016 01:58 PM (nUtZ9)

83 I don't blame the kids entirely. They were told by every adult in their lives that they had to go to college in order to amount to anything. Can't afford it? No problem! Just sign this paperwork. As has been pointed out, the student loan system drives tuition ever higher, necessitating even larger loans, and so on. It also amounts to a subsidy of Marxist professors and "studies" courses. Eliminate the government aid, and tuition will fall to the point where students can afford college with a combination of parental support, part-time jobs, and scholarships. Colleges will be forced to tighten their belts and cut out the deadwood.

Posted by: rickl at July 29, 2016 01:58 PM (sdi6R)

84 I thought the private student loan sector was already extinct.
Posted by: Grump928(C) says Free Soothie! at July 29, 2016 06:54 PM (rwI+c)
Looks like they did change it years ago, and I missed it.

Meh.

Posted by: My Ridiculously Circuitous Plan at July 29, 2016 01:59 PM (EIB5Y)

85 I'm married. We have a toddler. We own a home that we've invested about $30,000 in. It's now generically appraised for about $40,000 more than we bought it for (which doesn't account for the interior remodeling we've done). I will have a master's degree next August, and I will have $2,000 worth of debt for all of my degrees combined. My wife owes a bit more, but the payments are hardly troublesome, and she enjoys using those "loan forgiveness" mailers as kindling in our fireplace. All of it will be paid off in five years, max. But thanks for categorizing me as a "basement-dwelling, x-box playing retard". That's so constructive.

Posted by: Right-Wing Millennial at July 29, 2016 01:59 PM (hxUdS)

86 I spent 5 years studying frictional physics and pulsating fluid flow

Posted by: Fap Master 5000 at July 29, 2016 02:00 PM (r1QH4)

87 They said new home buyers now were delaying buying a home until they could raise the capital to buy a bigger and nicer home in better neighborhoods.

Posted by: Vic We Have No Party at July 29, 2016 06:46 PM (mpXpK)

I have heard that too, but wouldn't the saving rate increase to match the deferred mortgages? And wouldn't the prices of smaller homes in iffy neighborhoods be dropping, or at least rising less quickly?

I think that is a convenient excuse for 15%+ unemployment and lots of people living in basements.

Posted by: CharlieBrown'sDildo at July 29, 2016 02:00 PM (Zu3d9)

88 What are they whining about? I taught them how to be bitter.

Posted by: Elizabeth Warren at July 29, 2016 02:00 PM (3GFMN)

89 "Sadly, a college degree is expected, even in many jobs that don't require it. " It is. But that doesn't mean you should do it. Starting your own business at 18 can pay dividends. But yes, if they're hellbent on college for the life merit badge, community college is a much better investment.

Posted by: Lauren at July 29, 2016 02:01 PM (K8fOt)

90 I would recommend college, but only in the hard subjects. Want to be an engineer? Go ahead and you will do great. Chemistry? Sure. Physics? Maybe. Biology? Going pre med? Do you know where doctor's pay is going?

Posted by: Aetius451AD at July 29, 2016 02:01 PM (3ZoRf)

91 If anyone is to blame it is the parents of these entitled, dissolute assholes. They made it easy for their spawn to reject responsibility, adulthood, self-respect, personal hygiene, and a few things I haven't thought of yet. Personal hygiene? As a Moron I choose to reject that on my own with no help from my parents.

Posted by: Cicero (@cicero) at July 29, 2016 02:01 PM (8ZskC)

92 "The fact that many of these basement-dwelling, X-box-playing retards were insufficiently aware of the state of the employment market when they decided to 1) go to college instead of working for the local plumber and, 2) take 5+ years to finish a bullshit major that will never provide the income to pay back those loans is entirely their responsibility." Even worse, they'll have entered an indoctrination machine that deprived them of the logic and analytical skills to recover from their first mistake of paying artificially inflated dollars for a worthless piece of paper. They pretty much boned themselves both coming and going and still haven't learned enough to recover from the error of their ways that they may not even realize anymore.

Posted by: AnonymousDrivel at July 29, 2016 02:01 PM (1CroS)

93 The left will not even be happy when everyone is stacked is commie type concrete apartment buildings and walks or rides government transportation everywhere. They will still be looking for more ways of control. The long march continues.

Posted by: Cy.Borg.Robot.Drifter at July 29, 2016 02:01 PM (BO/km)

94 But thanks for categorizing me as a "basement-dwelling, x-box playing retard". That's so constructive. Posted by: Right-Wing Millennial at July 29, 2016 06:59 PM ..........Yes but wouldn't you agree that you are the exception, not the rule?

Posted by: Minnfidel at July 29, 2016 02:02 PM (dNwFH)

95 I'm married. We have a toddler. We own a home that we've invested about $30,000 in. It's now generically appraised for about $40,000 more than we bought it for (which doesn't account for the interior remodeling we've done) The addition of a Pr0n Room adds no value. Trust me on this.

Posted by: Cicero (@cicero) at July 29, 2016 02:02 PM (8ZskC)

96 But thanks for categorizing me as a "basement-dwelling, x-box playing retard". That's so constructive. Posted by: Right-Wing Millennial at July 29, 2016 06:59 PM (hxUdS) You are much more the exception than the rule though, man.

Posted by: Aetius451AD at July 29, 2016 02:02 PM (3ZoRf)

97 57 And everyone wonders why politicians are pushing for $15/hr minimum wage. It's a tax on business (really consumers, i know) that they think will cover student loan debt.

Posted by: tbodie at July 29, 2016 06:54 PM (hQt/L)



No, the $15/hour minimum wage crap started with the public service unions.  Their contracts are now written with an automatic wage increase if the minimum wage goes up.

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:03 PM (mpXpK)

98 Jinx. Minnfidel!

Posted by: Aetius451AD at July 29, 2016 02:03 PM (3ZoRf)

99 Sometimes Huma lives in my basement. Chained to the radiator. Eating out of her piss bucket. She calls it 'summer camp.'

Posted by: Hitlery Macbeth at July 29, 2016 02:03 PM (qcmqL)

100 But thanks for categorizing me as a "basement-dwelling, x-box playing retard". That's so constructive. Posted by: Right-Wing Millennial at July 29, 2016 06:59 PM (hxUdS) -------------------- Okay okay. You're not retarded and you don't live in a basement.

Posted by: Soona at July 29, 2016 02:03 PM (Fmupd)

101 Wow. That Venezuela forced labor decree has a really bad Pol Pot vibe.

Posted by: Mr. Peebles at July 29, 2016 02:03 PM (L7t0A)

102 College professors are no different from any other superstar. They'll pay to see Lebron stuff a ball through a hoop. Why not for a lecture on dialectical materialism?

Posted by: Cornell West at July 29, 2016 02:03 PM (3GFMN)

103 >> But thanks for categorizing me as a "basement-dwelling, x- >> box playing retard". That's so constructive. To every rule there are exceptions. I will forward an Instapundit link from this morning: http://www.joannejacobs.com/2016/07/college-learning-takes-2-76-hoursday/

Posted by: JEM at July 29, 2016 02:03 PM (o+SC1)

104 58  I thought the private student loan sector was already extinct.

Posted by: Grump928(C) says Free Soothie! at July 29, 2016 06:54 PM (rwI+c)


They have.  The student loan industry was nationalized by Obama early in his reign of terror.

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:04 PM (mpXpK)

105 Aetius451AD: "Biology? Going pre med? Do you know where doctor's pay is going?" And have you done the math to comprehend the actual dues and opportunity costs? They're not trivial.

Posted by: AnonymousDrivel at July 29, 2016 02:04 PM (1CroS)

106 I heard this on the radio news today but took it as a failure of those who tried to sink the whole country's economy in giving homes to anyone.

Posted by: Skip at July 29, 2016 02:04 PM (bksJQ)

107 But thanks for categorizing me as a "basement-dwelling, x-box playing retard". That's so constructive.

Posted by: Right-Wing Millennial at July 29, 2016 06:59 PM (hxUdS)

You are very welcome. I got a chuckle out of writing it.

1. statistics describe populations, not individuals. So if you don't understand that maybe you should have taken statistics.

2. The idea that I was describing an entire generation without the implicit assumption that there are outliers (there is that pesky stat class again) is ludicrous.

3. Perhaps you are new around here, but snark is sort of how we roll.

Posted by: CharlieBrown'sDildo at July 29, 2016 02:04 PM (Zu3d9)

108 Wow. That Venezuela forced labor decree has a really bad Pol Pot vibe. Posted by: Mr. Peebles at July 29, 2016 07:03 PM (L7t0A) Not really. This time the intellectuals will be allowed to keep their eyeglasses.

Posted by: Cicero (@cicero) at July 29, 2016 02:04 PM (8ZskC)

109 To me, one of the biggest crisis facing America is the lack of responsibility and accountability.  Moving the age of responsibility upwards and calling that progress is one of the biggest lies ever told.

Posted by: Brian at July 29, 2016 02:05 PM (vFrbB)

110 "The years passed, mankind became stupider at a frightening rate. Some had high hopes the genetic engineering would correct this trend in evolution, but sadly the greatest minds and resources where focused on conquering hair loss and prolonging erections." Where is Barney Frank and some kick ass, overhyped, underfunded sweet, sweet government backed never to be paid Fannie and Freedie home loans at?....

Posted by: Hairyback Guy at July 29, 2016 02:06 PM (ej1L0)

111 But thanks for categorizing me as a "basement-dwelling, x-box playing retard". That's so constructive. Posted by: Right-Wing Millennial at July 29, 2016 06:59 PM (hxUdS) You are much more the exception than the rule though, man. Posted by: Aetius451AD ---- I'm a health food nut and a right-winger. When people categorize health food nuts as left wing hippies, I don't get all pissy and yell, "HEY!" Why? Because I'm smart enough to realize that the generalization is correct, and that I am the exception. People who refuse to see themselves as the exception really do remind me of "the perpetually aggrieved." (How's that for more of that constructive criticism?)

Posted by: RKae at July 29, 2016 02:06 PM (lbHXQ)

112 Again....Bush needs to answer to Presdent Obama on why this is happening because of his policies. Bush lied and the Housing Market DIED !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by: Mary Clogginstien from brattleboro, VT at July 29, 2016 02:07 PM (NuElX)

113 Sometimes Huma lives in my basement.

Chained to the radiator. that doesn't work. She uses only the heat from my computer server for cooking and warmth

Eating out of her piss bucket.

She calls it 'summer camp.'

Posted by: Hitlery Macbeth at July 29, 2016 07:03 PM (qcmqL)



FIFY

Posted by: Nip Sip at July 29, 2016 02:07 PM (F1iXz)

114 But thanks for categorizing me as a "basement-dwelling, x-box playing retard". That's so constructive.

I'd be interested to hear if:

1.) you think that characterization is unfair to a good chunk of your cohort, and

2.) If you don't feel like a shark swimming through a bunch of bait fish somedays.

Posted by: Sort-of-Mad Max at July 29, 2016 02:08 PM (nd1zx)

115 Millenials get so butt hurt over any criticism. Look, not everyone is being maligned when they make broad observations about a generation, but you have to admit, this is a pretty pathetic generation by in large. When someone talks about dumb blue state voters or politicians, it doesn't mean every single person living there.

Posted by: Maritime at July 29, 2016 02:08 PM (dA1ny)

116 AnonymousDrivel, I served with a lot of conservative, college-educated Army officers who did a lot more for their country than the likes of you, and who are walking, living proof that your opinion about college is exactly what you label it: drivel.

Posted by: Right-Wing Millennial at July 29, 2016 02:08 PM (hxUdS)

117 >>Again....Bush needs to answer to Presdent Obama on why this is happening because of his policies. Bush lied and the Housing Market DIED !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Posted by: Mary Clogginstien from brattleboro, VT Back in your appliance box abode.

Posted by: Aviator at July 29, 2016 02:08 PM (c7vUv)

118 So then my advanced degree in Societal Gender Dialectics isn't going to get me six figures at a Fortune 500 outfit?

Posted by: A Millenial Slacker Who Knows More Than You Do at July 29, 2016 02:08 PM (8ZskC)

119 One hundred seventeenth!!

Posted by: Manolo at July 29, 2016 02:09 PM (m6Xk+)

120 47 NPR had a spot the other day saying that most of the student loan defaulters had small loans in the $5000 range where the folks with the big loans were not defaulting. Posted by: Bertram Cabot Jr. at July 29, 2016 06:51 PM (IqV8l) You owe the bank $25K, you have a problem, you owe the bank $500K, the bank has a problem.

Posted by: Ashley Judd's Puffy Scamper, formerly MrCaniac at July 29, 2016 02:09 PM (1JnAL)

121 Hillary sorta gave us basement dwellers everywhere a bum rap with that basement server thingy but gotta vote for the bitch anyway.....free government shit....you DO understand I hope....nothing personal. Free shit and the basement =New America !!

Posted by: malignantly aggrieved and economically useless at July 29, 2016 02:09 PM (3ZttN)

122 ....shit....

Posted by: Manolo at July 29, 2016 02:09 PM (m6Xk+)

123 It's almost like there's an underlying cause to all of this. Like the job market being absolutely abysmal for nearly 10 years. Doesn't this generation know we've been in a recovery? What's wrong with those dang kids!

Posted by: Sjg at July 29, 2016 02:09 PM (gDSJf)

124 I think if I was young again and had a choice I would go to a tech school to learn how to work on modern cars. You can make some good money doing that and also get to drive some nice cars.

Posted by: freaked at July 29, 2016 02:09 PM (BO/km)

125 I'm married. We have a toddler. We own a home that we've invested about $30,000 in. It's now generically appraised for about $40,000 more than we bought it for Try and sell it for that added $40k.

Posted by: rickb223 TEXIT[/s][/i][/b] at July 29, 2016 02:09 PM (Yu4ah)

126 Margot Robbie's chest size Not all that impressive, truth be known.

Posted by: 98ZJUSMC Staring at the Lake in the Rain at July 29, 2016 02:10 PM (72N6L)

127 AnonymousDrivel, I served with a lot of conservative, college-educated Army officers who did a lot more for their country than the likes of you, and who are walking, living proof that your opinion about college is exactly what you label it: drivel. Posted by: Right-Wing Millennial at July 29, 2016 07:08 PM (hxUdS) ****** You have way, way too thin of a skin to be posting here, IMO.

Posted by: ManWithNoParty at July 29, 2016 02:10 PM (WZoaY)

128 The thing that worries me about falling home ownership (and car ownership!) is that people who don't own property will be less likely to respect the property of others. At the rate we're going, anybody who owns a home will be part of the hated "rich". I doubt the Left has a problem with this, though. Everything is going according to plan.

Posted by: rickl at July 29, 2016 02:10 PM (sdi6R)

129 You have way, way too thin of a skin to be posting here, IMO. Posted by: ManWithNoParty ----- This.

Posted by: RKae at July 29, 2016 02:11 PM (lbHXQ)

130 116 AnonymousDrivel, I served with a lot of conservative, college-educated Army officers who did a lot more for their country than the likes of you, and who are walking, living proof that your opinion about college is exactly what you label it: drivel. Posted by: Right-Wing Millennial at July 29, 2016 07:08 PM (hxUdS) Dude. No one is belittling your service, education, or thriftyness. EVERYONE when attacking a group attacks the image of the group that they have in their head- which does not account for outliers. Cut them, and yourself, a little slack.

Posted by: Aetius451AD at July 29, 2016 02:11 PM (3ZoRf)

131 Not all that impressive, truth be known.

Posted by: 98ZJUSMC Staring at the Lake in the Rain at July 29, 2016 07:10 PM (72N6L)

I never saw the movie, so I had no idea who this woman was.

I Binged her and am now awestruck. She is really, really beautiful.

Posted by: CharlieBrown'sDildo at July 29, 2016 02:12 PM (Zu3d9)

132 87  I have heard that too, but wouldn't the saving rate increase to match the deferred mortgages? And wouldn't the prices of smaller homes in iffy neighborhoods be dropping, or at least rising less quickly?

I think that is a convenient excuse for 15%+ unemployment and lots of people living in basements.

Posted by: CharlieBrown'sDildo at July 29, 2016 07:00 PM (Zu3d9)


What they said was there was a decrease in construction and buying of those "start" homes and an "increase" in the same for the higher priced homes.



But that does not account for the overall drop in home buying in general.  I am not sure if we can really trust any of these statistics.  Real estate  has always been determined by three factors; location, location, and location, While it may be hot in Colorado with the influx of CA locusts it will be crashing in CA where those locusts are bailing out. Especially if they are doing what a lot of them do; just walking away from a million dollar home loan.

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:12 PM (mpXpK)

133 124 I think if I was young again and had a choice I would go to a tech school to learn how to work on modern cars. You can make some good money doing that and also get to drive some nice cars. Posted by: freaked at July 29, 2016 07:09 PM (BO/km) I think I would have gone to Purdue instead of IU and done Engineering instead of Chemistry.

Posted by: Aetius451AD at July 29, 2016 02:12 PM (3ZoRf)

134 Even with a good job market, something needs to change regarding college tuition because people are going to be in debt to their college until they retire. Most people spend their whole life paying a mortgage and that's what a 4 year degree costs in many places now. It's about the same price as an average house. I'm against any bailout but some sort of reform needs to happen. I'm all for price freezes or making the college hold the loan.

Posted by: Maritime at July 29, 2016 02:12 PM (dA1ny)

135 Posted by: rickl at July 29, 2016 07:10 PM (sdi6R)

Exactly. That's the sense of community I mentioned.

Posted by: CharlieBrown'sDildo at July 29, 2016 02:13 PM (Zu3d9)

136 AnonymousDrivel, I served with a lot of conservative, college-educated Army officers who did a lot more for their country than the likes of you, and who are walking, living proof that your opinion about college is exactly what you label it: drivel. Posted by: Right-Wing Millennial at July 29, 2016 07:08 PM (hxUdS) Don't worry, scrote. There are plenty of 'tards out there living really kick-ass lives. My first wife was 'tarded. She's a pilot now.

Posted by: Hairyback Guy at July 29, 2016 02:14 PM (ej1L0)

137 Sold my house today. Will buy a new one when I get to where I'm going, but I'm going to try to become a virtual person (house will be in spousal unit's name, but I'll "live" online). Should be interesting.

Posted by: Manolo at July 29, 2016 02:14 PM (m6Xk+)

138 I'm all for price freezes or making the college hold the loan. Posted by: Maritime at July 29, 2016 07:12 PM (dA1ny) ****** Posted earlier: Make the schools cosigners for the loans.

Posted by: ManWithNoParty at July 29, 2016 02:14 PM (WZoaY)

139 134 Even with a good job market, something needs to change regarding college tuition because people are going to be in debt to their college until they retire. Most people spend their whole life paying a mortgage and that's what a 4 year degree costs in many places now. It's about the same price as an average house. I'm against any bailout but some sort of reform needs to happen. I'm all for price freezes or making the college hold the loan. Posted by: Maritime at July 29, 2016 07:12 PM (dA1ny) Privatize all college loans and let the market pick winners and losers. You weed out a lot of debt wrt useless majors and you might, just might, start to shrink college tuition.

Posted by: Aetius451AD at July 29, 2016 02:14 PM (3ZoRf)

140 It's almost like there's an underlying cause to all of this. Like the job market being absolutely abysmal for nearly 10 years. Unpossible! TV says unemployment is less than 5%

Posted by: Bertram Cabot Jr. at July 29, 2016 02:14 PM (IqV8l)

141 Woah. "Five years jerking off " And no one's run with that line? It's like i don't know this place anymore...

Posted by: Anon a mouse... at July 29, 2016 02:14 PM (C9pBZ)

142 My son has a degree in "gay and Lesbian Animal Pathology" and has a full time job at the local grocery store !!!! So sit down and shut up because he is employed no thanks to that idiot Bush !!!!!!!!!!!!!!!

Posted by: Mary Clogginstien from brattleboro, VT at July 29, 2016 02:15 PM (NuElX)

143 I do think home ownership tends to make people more conservative. That doesn't mean we should subsidize it, but I do think more people owning homes, the better. Same with marriage, the more people that get married, the more likely they are to throw away juvenile political issues.

Posted by: Maritime at July 29, 2016 02:15 PM (dA1ny)

144 Try and sell it for that added $40k.

Posted by: rickb223 TEXIT at July 29, 2016 07:09 PM (Yu4ah)


I had property "appraised" for $285k, managed to sell it for $175k

after 3 yrs on the mkt.



Posted by: BignJames at July 29, 2016 02:15 PM (/D5Lf)

145 'I think I would have gone to Purdue instead of IU and done Engineering instead of Chemistry.' I went to college. It wasn't for me. I'm not sure any school would have been for that matter. Everyone can find their niche.

Posted by: freaked at July 29, 2016 02:15 PM (BO/km)

146 Easy now! This a family board... Heh. heh. heh...

Posted by: Manolo at July 29, 2016 02:16 PM (m6Xk+)

147 Notice that the left very very rarely criticizes the colleges themselves for the prices they charge? They'll bitch about evil corporations and greed. But nary a fckn word about 40K per year for some kid. Their solution is more of the same. The left has planted their flag in academia and they will not let it go without a fight. Those liberal institutions are not to be criticized.

Posted by: Minnfidel at July 29, 2016 02:16 PM (dNwFH)

148 I'm just trying to figure out how to short the auto financing market.

Posted by: Golfman at July 29, 2016 02:16 PM (48QDY)

149 I went to college. It wasn't for me. I'm not sure any school would have been for that matter. Everyone can find their niche. Posted by: freaked at July 29, 2016 07:15 PM (BO/km) Very true.

Posted by: Aetius451AD at July 29, 2016 02:16 PM (3ZoRf)

150 I'm going to try to become a virtual person Like Max Headroom?

Posted by: Bertram Cabot Jr. at July 29, 2016 02:16 PM (IqV8l)

151 "...that will never provide the income to pay back those loans is entirely their responsibility." In the olden days, perhaps, there was such a think as personal responsibility for debt one elects to take on. Heck, there was such a thing as personal responsibility in general about lots of things. Those days are gone. Now, you are entitled to whatever your ignorant little heart desires; from $100k+ in "education" to jobs to healthcare (free birth control! Pap smears for everyone!). Pay bills? Someone is supposed to give me money for that! If others failed to provide for me, that's no my fault! Those no good rich/ foreign/ democrat/ republican/ white/ others must be made to pay! That is how I will spend my time! I will tweet and Facebook as long as it takes to save the world! See how motivated and selfless I am! All responsibility has been ceded to the government. The only remaining debate is what brand of strong man dictator you will pin your hopes, dream, livelyhood and responsibilities on.

Posted by: Damiano at July 29, 2016 02:16 PM (71OEY)

152 It's gonna be interesting seeing what happens over the next couple of decades when all these over schooled baristas realize that not only can they not pay off their college loans but they have no skills to ever progress beyond where they are right now. And by interesting I mean blow me.

Posted by: JackStraw at July 29, 2016 02:17 PM (/tuJf)

153 I had property "appraised" for $285k, managed to sell it for $175kafter 3 yrs on the mkt. Posted by: BignJames at July 29, 2016 07:15 PM (/D5Lf) ***** Same here 2 years ago. 335K market appraisal, $270 before commissions at closing.

Posted by: ManWithNoParty at July 29, 2016 02:17 PM (WZoaY)

154 <B>I am not sure if we can really trust any of these statistics.</B>

Posted by: Vic We Have No Party at July 29, 2016 07:12 PM (mpXpK)

This.

And if people are deferring purchases so they can afford nicer homes, then there would have to be a matching increase in the savings rate, because nicer homes require bigger down payments.

As far as I know there has been no increase in the savings rate.

Until I see large private studies done that confirm this I call bullshit. It's just too convenient an explanation; one that makes Obama's policies look successful.


Posted by: CharlieBrown'sDildo at July 29, 2016 02:18 PM (Zu3d9)

155 150. Sort of. I'm going to try to avoid using a physical mailing address. Voter card will say "Homeless," driver license, etc. Will pay all bills on line. No place to get hard mail. No physical address to tie to me.

Posted by: Manolo at July 29, 2016 02:18 PM (m6Xk+)

156 Vic, exactly so. After nearly a decade of our beloved leader, I'm deeply suspicious of any "official" figures. That's the big takeaway from the one's immaculation...

Posted by: Anon a mouse... at July 29, 2016 02:18 PM (C9pBZ)

157 I had property "appraised" for $285k, managed to sell it for $175kafter 3 yrs on the mkt. Posted by: BignJames You mean to say that the guy on American Pickers can't really get $5000 for that old rusty gas station sign?

Posted by: Bertram Cabot Jr. at July 29, 2016 02:19 PM (IqV8l)

158 As long as federal college money is available to all comers, regardless of student aptitude, interest or likely ability to repay, students will be nothing more than the conduits through which colleges keep those sweet federal funds flowing. That is the reality that supports the "sell the suckers anything" ethos that awards degrees in "Advanced Feminist Studies" and other made-up leftist agitprop that has absolutely no value in the marketplace.

Posted by: Cicero (@cicero) at July 29, 2016 02:19 PM (8ZskC)

159 RickB, we plan to do that in a few years. And for quite a bit more than an additional 40K. As for everyone else, I'm not sure I'm an exception. I spent five years in the Army, and the vast majority of the young people I served with were responsible conservatives. My best friends from college were all conservatives, and are now gainfully employed at good jobs with wives and children. I now work as a teacher and several of my young coworkers are also conservatives. So while there might be widely reported trends suggesting that people my age are irresponsible, liberal idiots, from my own personal experience, I reject the idea that I'm all that rare.

Posted by: Right-Wing Millennial at July 29, 2016 02:19 PM (hxUdS)

160 I never saw the movie, so I had no idea who this woman was. I Binged her and am now awestruck. She is really, really beautiful. Posted by: CharlieBrown'sDildo at July 29, 2016 07:12 PM (Zu3d9) Indeed. She is.

Posted by: 98ZJUSMC Staring at the Lake in the Rain at July 29, 2016 02:19 PM (72N6L)

161 >>>I'm married. We have a toddler. We own a home that we've invested about $30,000 in. It's now generically appraised for about $40,000 more than we bought it for
Try and sell it for that added $40k.
Posted by: rickb223 TEXIT at July 29, 2016 07:09 PM (Yu4ah) <<<



Oh no. We'd never pay that for a toddler. But we will give him $100.

Posted by: Planned Parenthood at July 29, 2016 02:19 PM (H9MG5)

162 I envision a virtual person like Sheldon had

Posted by: Tinfoilbaby at July 29, 2016 02:20 PM (6Ll1u)

163 Privatize all college loans and let the market pick winners and losers. You weed out a lot of debt wrt useless majors and you might, just might, start to shrink college tuition. Posted by: Aetius451AD I agree, but its sort of like saying "I know how to fix SS, we'll just let everyone figure out their own retirement and save accordingly." Its just not going to happen, even if you have a few elections go our way. You're never going to have a Congress and President willing to privatize all college loans and grants.

Posted by: Maritime at July 29, 2016 02:20 PM (dA1ny)

164 Privatize all college loans and let the market pick winners and losers. You weed out a lot of debt wrt useless majors and you might, just might, start to shrink college tuition.

Posted by: Aetius451AD at July 29, 2016 07:14 PM (3ZoRf)

Link interest rates to the major and to the GPA.

Petroleum Engineering with a minor in accounting? 3%

Lesbian Studies? 13%

Posted by: CharlieBrown'sDildo at July 29, 2016 02:20 PM (Zu3d9)

165 I Binged her and am now awestruck. She is really, really beautiful. Posted by: CharlieBrown'sDildo at July 29, 2016 07:12 PM (Zu3d9) ---- Yeah, same here! ...Oh, I thought you said "BANGED!"

Posted by: RKae at July 29, 2016 02:21 PM (lbHXQ)

166 College loan were privatized before Obama came into being.

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:21 PM (mpXpK)

167 I'm all for price freezes or making the college hold the loan.
Posted by: Maritime at July 29, 2016 07:12 PM (dA1ny)

There have been various economic studies since the Clinton administration showing that an increase in per-capita student aid (whether loans or grants) by government (whether federal or state) results in colleges swiftly raising their tuition by the amount of that increase.  The bureaucracy of universities has increase enormously over the last few decades, made possible by ever-rising tuition that is enabled by the increase in student loans.

One possible solution, mentioned by several comments above, is to make the schools responsible for part or all of the loans.  I think a simpler and better solution is simply to get rid of government loans entirely.  Colleges and universities couldn't be expected to responsibly bear the burden of student loans, and the resulting accumulation of bad debt would inevitably result in a crisis and calls for a government bail-out.

Posted by: My Ridiculously Circuitous Plan at July 29, 2016 02:21 PM (EIB5Y)

168 I get what you guys are saying about a degree, but there are few decent non-technical jobs that don't require one. Where I work, you have to have a four year degree to make $15/hour. The market is saturated with degrees, so everyone can require one. The really unfortunate thing is that just because they have a degree doesn't mean they know anything.

Posted by: Quirky bookworm at July 29, 2016 02:21 PM (gppsv)

169 What does Presdent Obama think about this ????

Posted by: Mary Clogginstien from brattleboro, VT at July 29, 2016 02:22 PM (NuElX)

170 You mean to say that the guy on American Pickers can't really get $5000 for that old rusty gas station sign?

Posted by: Bertram Cabot Jr. at July 29, 2016 07:19 PM (IqV8l)


No, but he did get $500 for a moth eaten Indian Motorcycle jersey.

Posted by: BignJames at July 29, 2016 02:22 PM (/D5Lf)

171 The really unfortunate thing is that just because they have a degree doesn't mean they know anything. Why, that's exactly what it means, Scarecrow!

Posted by: The Wizard of Oz at July 29, 2016 02:23 PM (8ZskC)

172 Hmm. Army is what, half a million? Millenial gen is somewhere over 75 million... Sample size, anyone?

Posted by: Anon a mouse... at July 29, 2016 02:23 PM (C9pBZ)

173 College loan were privatized before Obama came into being. Posted by: Vic We Have No Party There were all sorts of federal guarantees to backstop. Sallie Mae was around before Obama.

Posted by: Maritime at July 29, 2016 02:23 PM (dA1ny)

174 My LGBTUVWXYZABC Studies degree taught me all I need to know about life.

Posted by: A Concerned Snowflake at July 29, 2016 02:23 PM (Tyii7)

175 As stated here before, let the university 's endowments insure the loans.

Posted by: Golfman at July 29, 2016 02:24 PM (48QDY)

176 Right wing millennial, Let me guess that you're in your early 30s right? I say this because it's been my observation that the older Millennials don't resemble the younger crew at all. My theory for this is that we are old enough (or nearly old enough) to enlist after 9/11.

Posted by: Lauren at July 29, 2016 02:24 PM (K8fOt)

177 I agree, but its sort of like saying "I know how to fix SS, we'll just let everyone figure out their own retirement and save accordingly." Its just not going to happen, even if you have a few elections go our way. You're never going to have a Congress and President willing to privatize all college loans and grants. Posted by: Maritime at July 29, 2016 07:20 PM (dA1ny) You will when everything goes to hell. Of course, people will be worrying about more important things than whether their loans for the "Lesbian dogs of the 18th century" degree was really worth it.

Posted by: Aetius451AD at July 29, 2016 02:24 PM (3ZoRf)

178 I had property "appraised" for $285k, managed to sell it for $175kafter 3 yrs on the mkt. Exactly. And that appraisal forked you in property taxes I'll bet.

Posted by: rickb223 TEXIT[/s][/i][/b] at July 29, 2016 02:25 PM (Yu4ah)

179 >>> Unpossible! TV says unemployment is less than 5% ..... It is, comrad! You see, if you subtract all the people who exhausted their benefits (reduced by the Obama admin) without finding a job, subtract all the newly defined "dependents" (people under 25), subtract all the people working part time want and previously held full time jobs, subtract all the people who have "gone back to school" (signed up for a govenment funded training program) then throw in a few unexpected adjustments... Bingo! Less than 5%! It's a mathematical miracle!

Posted by: Damiano at July 29, 2016 02:26 PM (71OEY)

180 168 I get what you guys are saying about a degree, but there are few decent non-technical jobs that don't require one. Where I work, you have to have a four year degree to make $15/hour.

The market is saturated with degrees, so everyone can require one.

The really unfortunate thing is that just because they have a degree doesn't mean they know anything.

Posted by: Quirky bookworm at July 29, 2016 07:21 PM (gppsv)


You can thank three groups for that, The Supreme Court with Griggs vs Duke Power (and CP&L), the corrupt DOJ, and a nation full of race baiters.

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:26 PM (mpXpK)

181 159 RickB, we plan to do that in a few years. And for quite a bit more than an additional 40K. As for everyone else, I'm not sure I'm an exception. I spent five years in the Army, and the vast majority of the young people I served with were responsible conservatives. My best friends from college were all conservatives, and are now gainfully employed at good jobs with wives and children. I now work as a teacher and several of my young coworkers are also conservatives. So while there might be widely reported trends suggesting that people my age are irresponsible, liberal idiots, from my own personal experience, I reject the idea that I'm all that rare. Posted by: Right-Wing Millennial at July 29, 2016 07:19 PM (hxUdS) Talk about selection bias.

Posted by: buzzion at July 29, 2016 02:26 PM (bMG0w)

182 Posted by: rickb223 TEXIT at July 29, 2016 07:25 PM (Yu4ah)

Yep.

Posted by: BignJames at July 29, 2016 02:27 PM (/D5Lf)

183 Until I see large private studies done that confirm this I call bullshit. It's just too convenient an explanation; one that makes Obama's policies look successful. Posted by: CharlieBrown'sDildo at July 29, 2016 07:18 PM (Zu3d9) Whaaaaaa? No trust in Government Statistics? Well, I never..........

Posted by: 98ZJUSMC Staring at the Lake in the Rain at July 29, 2016 02:27 PM (72N6L)

184 "I get what you guys are saying about a degree, but there are few decent non-technical jobs that don't require one. Where I work, you have to have a four year degree to make $15/hour. " The key is to do something most people can't do and do it well.

Posted by: Lauren at July 29, 2016 02:27 PM (K8fOt)

185 Is there anyway we can ban the word "millennial"? Really, it's just another way to pigeonhole people and encourage Balkanization. Besides, and perhaps more to the point, all this behavior ascribed as being exclusively belonging to the newer generation has actually been going on for a long time. Twenty years ago I had friends of mine who were growing up not in basements but in garages converted into apartments for lack of better description for much the same reasons described here.

Posted by: CatchThirtyThr33 at July 29, 2016 02:28 PM (15Ewm)

186 176 Right wing millennial, Let me guess that you're in your early 30s right? I say this because it's been my observation that the older Millennials don't resemble the younger crew at all. My theory for this is that we are old enough (or nearly old enough) to enlist after 9/11. Posted by: Lauren at July 29, 2016 07:24 PM (K8fOt) If he were over 30 he shouldn't be getting so butt hurt over this then. I say this as an over 30 Millennial

Posted by: buzzion at July 29, 2016 02:28 PM (bMG0w)

187 The key is to do something most people can't do and do it well. Posted by: Lauren at July 29, 2016 07:27 PM (K8fOt) THIS. Which these days includes observation and any form of problem solving.

Posted by: Aetius451AD at July 29, 2016 02:28 PM (3ZoRf)

188 Heh! Most Millenials can problem solve or think logically. Why. It's almost like there was some underlying driver.

Posted by: CrotchetyOldJarhead at July 29, 2016 02:28 PM (qbnYE)

189 Problem is a high school diploma has been turned into a joke. Kids that can't spell or write a coherent sentence. There was a time an employer could assume a basic level on competency from a high school graduate. Now those employers are looking for a college degree as a marker of basic competency.

Posted by: Aviator at July 29, 2016 02:29 PM (c7vUv)

190 I am so thankful to be retired (20 years ago), and extra thankful to have been employed for the past 20 years. I feel truly blessed. Many other Americans won't be able to achieve that, thanks to Washington City.

Posted by: Eromero at July 29, 2016 02:29 PM (zLDYs)

191 173  There were all sorts of federal guarantees to backstop.

Sallie Mae was around before Obama.

Posted by: Maritime at July 29, 2016 07:23 PM (dA1ny)


Yes, there were some federal programs, but they were for a specific class of people and did not make up a significant portions of the loans.  And really all they did with them was guarantee the loans which would be made by a banking party. Now they have ALL of them. 



And IIANM he did that one with his pen and phone too.

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:30 PM (mpXpK)

192 188>> Can't. Most Millenials CANT problem solve or think logically.

Posted by: CrotchetyOldJarhead at July 29, 2016 02:30 PM (qbnYE)

193 Is there anyway we can ban the word "millennial"? Sure. Just as soon as you ban the term "Baby Boomer."

Posted by: Bertram Cabot Jr. at July 29, 2016 02:30 PM (IqV8l)

194 The key is to do something most people can't do and do it well. Posted by: Lauren at July 29, 2016 07:27 PM (K8fOt) ***** Guy I know makes a killing draining septic tanks. 4 or 5 a day, $400 a pop. Say what you will about the work, but he is rolling in cash.

Posted by: ManWithNoParty at July 29, 2016 02:30 PM (WZoaY)

195 Anon, a 2012 poll by Pew had 59% of respondents 18-29 years old saying that government should do more to help solve problems. Assuming that the other 41% responded negatively to that question (and that that question accurately represents liberalism), that means 30 million millennials are not very liberal. There are plenty of demographics that are far more lost to liberal politics than my age group.

Posted by: Right-Wing Millennial at July 29, 2016 02:30 PM (hxUdS)

196 185 Is there anyway we can ban the word "millennial"? Really, it's just another way to pigeonhole people and encourage Balkanization. Besides, and perhaps more to the point, all this behavior ascribed as being exclusively belonging to the newer generation has actually been going on for a long time. Twenty years ago I had friends of mine who were growing up not in basements but in garages converted into apartments for lack of better description for much the same reasons described here. Posted by: CatchThirtyThr33 at July 29, 2016 07:28 PM (15Ewm) A lot of shit was said about Gen X as well. And previous generations as well. So for just a thought, don't be such a little bitch when people try to put you down by talkin bout your generation.

Posted by: buzzion at July 29, 2016 02:31 PM (bMG0w)

197 >>>to rape every native woman (and many native men) in the country. No, it's rape the HORSES!!!

Posted by: Banana Splits Guy at July 29, 2016 02:31 PM (ImTQ/)

198 This is my biggest issue with youngsters today.

Posted by: Golfman at July 29, 2016 02:31 PM (48QDY)

199 My brother teaches refrigeration, HVAC and some other kind of tech stuff at a couple of community colleges.  Those guys aren't going to be starting out at $15 an hour when they graduate and they will have minimal debt.

Posted by: huerfano at July 29, 2016 02:31 PM (jkkMG)

200 OT: Damn.  Tonight is supposed to be the last night for the free update to Windows 10 and I can't remember the encryption password to the old 8.1 system I've had in mothballs for several months.  C'mon, Bob@NSA, help a brotha out.

Posted by: antisocial justice beatnik at July 29, 2016 02:31 PM (jV8Mq)

201 188 Heh! Most Millenials can problem solve or think logically. Why. It's almost like there was some underlying driver. Posted by: CrotchetyOldJarhead at July 29, 2016 07:28 PM (qbnYE That may add context.

Posted by: Golfman at July 29, 2016 02:31 PM (48QDY)

202 189 Problem is a high school diploma has been turned into a joke. Kids that can't spell or write a coherent sentence. There was a time an employer could assume a basic level on competency from a high school graduate. Now those employers are looking for a college degree as a marker of basic competency. Posted by: Aviator at July 29, 2016 07:29 PM (c7vUv) My thing is, even a college degree is no real indicator. You get people who have degrees who have absolutely no drive, no retention of any classes they took, and cannot reason their way out of a paper bag. Of course, there are always exceptions, but considering the reason- the UNDERLYING reason- for degrees, it is frustrating.

Posted by: Aetius451AD at July 29, 2016 02:32 PM (3ZoRf)

203 Is there anyway we can ban the word "millennial"? ---- Ah! That great new "solution": "The word is the problem! Change the word!"

Posted by: RKae at July 29, 2016 02:32 PM (lbHXQ)

204 I'm 29.

Posted by: Right-Wing Millennial at July 29, 2016 02:33 PM (hxUdS)

205 Remember the reason why so many businesses require college degrees today: Many companies used to give aptitude tests to prospective employees which measured their general knowledge and problem-solving skills. I forget the name of the case, but a court ruled them discriminatory, because certain people tended to score better than other certain people. So businesses just require college degrees and hope for the best.

Posted by: rickl at July 29, 2016 02:33 PM (sdi6R)

206 You'll never hear the left talk about the actual cost of the education. They'll say platitudes like, make college more affordable. That means subsidizing the students and universities more via taxpayers. That doesn't mean that they are advocating making the cost actually cheaper. Big difference.

Posted by: Minnfidel at July 29, 2016 02:33 PM (dNwFH)

207 Can we ban the word "ban"? I'd feel much safer.

Posted by: A Concerned Snowflake at July 29, 2016 02:33 PM (Tyii7)

208 You're never going to have a Congress and President willing to privatize all college loans and grants. Posted by: Maritime at July 29, 2016 07:20 PM (dA1ny) You are exactly right. Which is why you can elect whomever you want and the result will be inevitable collapse with short term bread and circuses. One way or another, at some point, people will need to figure out how to provide for themselves again. And, yeah, that is going to mean doing without a LOT of things we come to take for granted. The sooner the burning starts, the better.

Posted by: Damiano at July 29, 2016 02:33 PM (71OEY)

209 The Feds should be happy that ownership is down. The tax break that we homeowners get by not paying tax on our imputed rental income is costing them billions.

Posted by: Bacon Jeff at July 29, 2016 02:33 PM (Ke87i)

210 I've been thinking more and more about going full-on nomad. It started as a vague notion some years back, but I see myself making moves that tend that way of late.

Posted by: Your Decidedly Devious Uncle Palpatine, Still Accepting Harem Applicants at July 29, 2016 02:34 PM (DE2u4)

211 Can we ban the word "ban"? I'd feel much safer. Posted by: A Concerned Snowflake --- Let's ban the word "safe"!

Posted by: RKae at July 29, 2016 02:34 PM (lbHXQ)

212 G-d Bless small town America. I can call my banker and get an operational expenses loan and sign the paper work after the money has already been deposited to my account. I don't have a college degree but I have built one invaluable asset , my reputation.

Posted by: Ben Had at July 29, 2016 02:34 PM (xo6p+)

213 I know 70s style inflation is not on the visible horizon but what happens to all this debt a few decades out if/when it does come back?

Posted by: NotMe at July 29, 2016 02:34 PM (EuQH7)

214 Many companies used to give aptitude tests to prospective employees which measured their general knowledge and problem-solving skills. I forget the name of the case, but a court ruled them discriminatory, because certain people tended to score better than other certain people. That was Griggs vs Duke Power that Vic referenced earlier.

Posted by: Bertram Cabot Jr. at July 29, 2016 02:35 PM (IqV8l)

215 I agree with the poster that millennials were screwed from an early age. We were told that we had to go to college by teachers, parents, older siblings, bosses, etc. It's hard when you're 18 and everyone has been telling you your whole life that you have to get a college degree, any degree, or you'll ruin your future. Meanwhile, television was pushing this idea of college as a utopian paradise full of cute twenty-somethings. As for buying a house, I think that the changing economy and marriage patterns play a role. A lot more twenty-somethings are relocating to the coastal cities for work, and since many have already moved once for school, it's as easy to pack after graduation and move to another city or state as it is to move back to your home town. The result is that you lose the connection that young couples would have had in the past with the community. Having fewer children and having them later in life means that you have more singles and couples who are less concerned with a yard and more concerned with finding a place to live close to nightlife and work. Also, if the government ever got out of student loans, the hit wouldn't be felt in the humanities department, it would be felt in the science and engineering departments. Who has the larger budget, the engineering department, or the English department?

Posted by: Colorado Alex (Four days left!) at July 29, 2016 02:35 PM (fC9RO)

216 All right now, baby it's a all right now!!!

Posted by: Free at July 29, 2016 02:35 PM (wcSGs)

217 Ima gonna put that TrigglyPuff chick in my Cabinet. My liquor cabinet. As chicharrones. Ought to be good for at least 150 lbs worth of snacks...

Posted by: Hitlery Macbeth at July 29, 2016 02:35 PM (qcmqL)

218 Is there anyway we can ban the word "millennial"? Sure. Just as soon as you ban the term "Baby Boomer." Posted by: Bertram Cabot Jr. at July 29, 2016 07:30 PM (IqV8l) Heh.......

Posted by: 98ZJUSMC Staring at the Lake in the Rain at July 29, 2016 02:35 PM (72N6L)

219 Wasn't Anita Dunn's hero Mao Zedong? I saw that scrunt on TV criticizing Trump. How anyone could give this woman a platform to share her fucked up opinion is beyond me. She admires someone who was responsible for the death of 45 million human being in less than five years!

Posted by: Gungrabby McGrabberson at July 29, 2016 02:35 PM (2X7pN)

220 205  I forget the name of the case, but a court ruled them discriminatory, because certain people tended to score better than other certain people. So businesses just require college degrees and hope for the best.

Posted by: rickl at July 29, 2016 07:33 PM (sdi6R)


See #180

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:35 PM (mpXpK)

221 It's American tradition that the older generation says the younger generation is full of idiots, now get off my lawn.

Posted by: Tinfoilbaby at July 29, 2016 02:35 PM (6Ll1u)

222 Posted by: rickl at July 29, 2016 07:33 PM (sdi6R) See Vic at 180.

Posted by: Golfman at July 29, 2016 02:36 PM (48QDY)

223 Wow. That Venezuela forced labor decree has a really bad Pol Pot vibe. Posted by: Mr. Peebles at July 29, 2016 07:03 PM (L7t0A) Not like Kampuchea at all. More like feudalism. Can't wait for "Prima Nocta"!

Posted by: President "Longshanks" Maduro at July 29, 2016 02:36 PM (vBeA5)

224 Can we ban the word "ban"? I'd feel much safer. Posted by: A Concerned Snowflake at July 29, 2016 07:33 PM (Tyii7) Yup...when I hear the word "ban" I reach for my Browning.

Posted by: Hairyback Guy at July 29, 2016 02:36 PM (ej1L0)

225 213 I know 70s style inflation is not on the visible horizon but what happens to all this debt a few decades out if/when it does come back?

Posted by: NotMe at July 29, 2016 07:34 PM (EuQH7)



hahahahhahha; we are already far beyond inflation of the 70s.

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:36 PM (mpXpK)

226 >>Posted by: Ben Had So what about the Centex MoMe?

Posted by: Aviator at July 29, 2016 02:36 PM (c7vUv)

227 So if according to the Dems and the media, "predatory banks" were responsible for people taking bigger home mortgage loans than they could afford, why aren't "predatory colleges" responsible for students taking on more debt than they can afford for degrees that are not economically useful?

Posted by: Scalia's Ghost at July 29, 2016 02:36 PM (5xDis)

228 RightwingMillenial. I am of the same generation as the "GenXers". I heard the same shit you are getting now from the older folks on the old usenet and bbs forums. My point? Fuck them. I am my own person. But I did know who they were talking about. To do otherwise would be to not acknowledge reality. EVERY generation has it's screw ups. Don't settle for being normal or labeling yourself as such. Why would anyone settle for "normal." Be exceptional, and these guys will take care of themselves.

Posted by: Aetius451AD at July 29, 2016 02:37 PM (3ZoRf)

229 Somebody, please tell a joke.

Posted by: Grandpa Castorini at July 29, 2016 02:37 PM (3GFMN)

230

Posted by: rickl at July 29, 2016 07:33 PM (sdi6R)

Griggs v. Duke Power Co., issued in 1971.  Employers use a college degree as a signaling mechanism by which they can sort applicants, under the assumption that those who graduated college have more aptitude than those who did not.  This occurs in a vast number of jobs which do not rely on anything learned in college; it's purely sorting.

Posted by: My Ridiculously Circuitous Plan at July 29, 2016 02:37 PM (EIB5Y)

231 214 That was Griggs vs Duke Power that Vic referenced earlier. Posted by: Bertram Cabot Jr. at July 29, 2016 07:35 PM (IqV8l) Thanks. I saw Vic's comment after I made mine.

Posted by: rickl at July 29, 2016 02:37 PM (sdi6R)

232 >>>Is there anyway we can ban the word "millennial"? We should name generations by the iconic hotties that most influenced their tender years. For example, I am a "Winonan", ten years younger might be a "Portmanite", ten years older might be a "Pfeifferite", twenty a "Seymourian", etc etc

Posted by: Banana Splits Guy at July 29, 2016 02:37 PM (ImTQ/)

233 "Many companies used to give aptitude tests to prospective employees which measured their general knowledge and problem-solving skills. I forget the name of the case, but a court ruled them discriminatory, because certain people tended to score better than other certain people. That was Griggs vs Duke Power that Vic referenced earlier." Ironically our armed services uses a combination IQ and specific skills aptitude placement test that works well from what I've heard. But US companies can't do the same thing.

Posted by: Ignoramus at July 29, 2016 02:38 PM (r1fLd)

234 227 So if according to the Dems and the media, "predatory banks" were responsible for people taking bigger home mortgage loans than they could afford, why aren't "predatory colleges" responsible for students taking on more debt than they can afford for degrees that are not economically useful? Posted by: Scalia's Ghost at July 29, 2016 07:36 PM (5xDis Because that would threaten their indoctrination.

Posted by: buzzion at July 29, 2016 02:38 PM (bMG0w)

235 Which is why you can elect whomever you want and the result will be inevitable collapse with short term bread and circuses. Yeah, that tipping point is a few exits back. By the Skelly's...

Posted by: 98ZJUSMC Staring at the Lake in the Rain at July 29, 2016 02:38 PM (72N6L)

236 Many companies used to give aptitude tests to prospective employees which measured their general knowledge and problem-solving skills. I forget the name of the case, but a court ruled them discriminatory, because certain people tended to score better than other certain people. That was Griggs vs Duke Power that Vic referenced earlier. Posted by: Bertram Cabot Jr. at July 29, 2016 07:35 PM (IqV8l) Huh. I just took one and have taken several before. I love em. I test well, usually.

Posted by: Aetius451AD at July 29, 2016 02:38 PM (3ZoRf)

237 Don't settle for being normal

Just between you and me, I'd give anything to be normal.

Posted by: A Concerned Snowflake at July 29, 2016 02:39 PM (Tyii7)

238 I couldn't remember what me and my coddled hipster friends frittered our 20's away on, so I had to go on imgur to remind myself. 2008 http://imgur.com/3K7lwDI 2010 http://imgur.com/xmUVb1n 2011 http://imgur.com/HcokReO 2012 http://imgur.com/w4xS5IU I guess you can say we mooched off the government and slept on other people's floors. P.s. Eat shit

Posted by: tbeats27 at July 29, 2016 02:39 PM (+KIk6)

239 Aetius, great post and advice. I appreciate it, and I plan to do exactly what you say- be exceptional.

Posted by: Right-Wing Millennial at July 29, 2016 02:39 PM (hxUdS)

240 >>Somebody, please tell a joke. Posted by: Grandpa Castorini Hillary walks into a room.

Posted by: Aviator at July 29, 2016 02:40 PM (c7vUv)

241 215 Also, if the government ever got out of student loans, the hit wouldn't be felt in the humanities department, it would be felt in the science and engineering departments. Who has the larger budget, the engineering department, or the English department? Posted by: Colorado Alex (Four days left!) at July 29, 2016 07:35 PM (fC9RO) Bet it's the Administrative department. A whole lot of special Deans and Government Enforcement types could be let go without compromising education one bit. That and the elimination of the Studies departments, and the price might come down to the point where a loan would make sense again.

Posted by: Splunge at July 29, 2016 02:40 PM (iMxBJ)

242 O/T Romney is now saying that Trump can win. Still won't vote for him.

Posted by: Ignoramus at July 29, 2016 02:40 PM (r1fLd)

243 cough-cough-cough-cough,, cough-cough-fart-fart,, cough.... *hic*

Posted by: Hillary Clinton at July 29, 2016 02:40 PM (eI9B5)

244 230 Griggs v. Duke Power Co., issued in 1971. Employers use a college degree as a signaling mechanism by which they can sort applicants, under the assumption that those who graduated college have more aptitude than those who did not. This occurs in a vast number of jobs which do not rely on anything learned in college; it's purely sorting. Posted by: My Ridiculously Circuitous Plan at July 29, 2016 07:37 PM (EIB5Y) And of course, the irony is that the value of a college degree is plummeting, since they'll take anyone who can fog a mirror and sign the loan paperwork, but mostly sign the loan paperwork.

Posted by: rickl at July 29, 2016 02:40 PM (sdi6R)

245 have a nephew who has had school paid for generously by grandpa - his mom is indian, his dad is white - but he tells people he's African American and that he is being crushed by student loans. he's said he hates his white grandpa, though not to his face. he's a good student, which is good at least. oh well. welcome to 2016.

Posted by: CRJ at July 29, 2016 02:40 PM (ba6SM)

246 215 I agree with the poster that millennials were screwed from an early age. We were told that we had to go to college by teachers, parents, older siblings, bosses, etc. It's hard when you're 18 and everyone has been telling you your whole life that you have to get a college degree, any degree, or you'll ruin your future. Meanwhile, television was pushing this idea of college as a utopian paradise full of cute twenty-somethings. Posted by: Colorado Alex (Four days left!) at July 29, 2016 07:35 PM (fC9RO) Yep.

Posted by: 98ZJUSMC Staring at the Lake in the Rain at July 29, 2016 02:40 PM (72N6L)

247 Ironically our armed services uses a combination IQ and specific skills aptitude placement test that works well from what I've heard. Maybe Hillary can do something about that.

Posted by: Bertram Cabot Jr. at July 29, 2016 02:40 PM (IqV8l)

248 The img part didn't copy. I guess I will eat shit.

Posted by: tbeats27 at July 29, 2016 02:41 PM (+KIk6)

249 Aviator- I left a post in the last thread for a pulse check. I'm all go but after Ace left his I'm outta here post I began to wonder. I look forward to hosting any of you that will come.

Posted by: Ben Had at July 29, 2016 02:41 PM (xo6p+)

250 Prior to Griggs, it was also common for companies to operate their own education programs for employees. My grandfather taught metallurgy for Republic Steel...

Posted by: Anon a mouse... at July 29, 2016 02:41 PM (C9pBZ)

251 We should name generations by the iconic hotties that most influenced their tender years. For example, I am a "Winonan", ten years younger might be a "Portmanite", ten years older might be a "Pfeifferite", twenty a "Seymourian", etc etc Aunt Pegs, Sekas, Hypatia Lees

Posted by: rickb223 TEXIT[/s][/i][/b] at July 29, 2016 02:41 PM (Yu4ah)

252 239 Aetius, great post and advice. I appreciate it, and I plan to do exactly what you say- be exceptional. Posted by: Right-Wing Millennial at July 29, 2016 07:39 PM (hxUdS) Step 1: Don't be a stereotypical millennial and get triggered every time someone says something mean about them.

Posted by: buzzion at July 29, 2016 02:41 PM (bMG0w)

253 We should name generations by the iconic hotties that most influenced their tender years. For example, I am a "Winonan", ten years younger might be a "Portmanite", ten years older might be a "Pfeifferite", twenty a "Seymourian", etc etc Posted by: Banana Splits Guy at July 29, 2016 07:37 PM (ImTQ/) Dude, you are so wrong. Crawfordian for the 80's. And maybe 90's. 70's maybe Fawcettian? 50's Kellyian. and Christy Brinkleyian just breaks the whole idea wide open.

Posted by: Aetius451AD at July 29, 2016 02:41 PM (3ZoRf)

254 the cost of that school (post #245) is $50K a semester. no lie.

Posted by: CRL at July 29, 2016 02:41 PM (ba6SM)

255 have a nephew who has had school paid for generously by grandpa - his mom is indian, his dad is white - but he tells people he's African American and that he is being crushed by student loans. he's said he hates his white grandpa, though not to his face. This too is the story of Obama.

Posted by: Bertram Cabot Jr. at July 29, 2016 02:42 PM (IqV8l)

256 The basics of that case was that Duke (and other utilities) used an entrance exam to test education and aptitude for ALL new hires.  Blacks sued because they routinely scored very low on these tests as a group.


The corrupt Supreme Court did not rule that ALL tests had to be removed, but they did rule that the tests must be tailored to the job position that the applicants were seeking and that the company had to be able to justify the type of test given.


I had to take a host of tests to get hired on, but I was hiring into a Nuclear Program.

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:42 PM (mpXpK)

257 205 Remember the reason why so many businesses require college degrees today: Many companies used to give aptitude tests to prospective employees which measured their general knowledge and problem-solving skills. I forget the name of the case, but a court ruled them discriminatory, because certain people tended to score better than other certain people. So businesses just require college degrees and hope for the best. Posted by: rickl at July 29, 2016 07:33 PM (sdi6R) You're right, but several years behind based on my experience. For the vast majority of jobs, there is absolutely no reason to require a degree. Experience is far more valuable (even without taking into account the pathetic state of current degree programs and universities). More and more, however, I see the degree requirement solely for the purpose that the imbecile hiring manager doesn't feel like a tool for wasting all that time and money. They "earned" their place by getting a degree. They'll be damned if someone else with 10 times the experience and decades of results is going to prove otherwise. Worse is that humans don't review resumes anymore. Let's say your an auto mechanic who has 20 years of experience, is regarded as an expert by everyone, and has completed decades of factory training. Unless your resume has exactly the right set of keywords and certificates in exactly the right order (as selected by some programmer or admin who has zero clue what your job actually does), your application will be rejected and you'll get an automated "thanks for applying, we will keep your information on file" email without anyone ever seeing your information.

Posted by: Damiano at July 29, 2016 02:43 PM (71OEY)

258 O/T Romney is now saying that Trump can win. Still won't vote for him. Posted by: Ignoramus at July 29, 2016 07:40 PM (r1fLd) ***** I heard him being interviewed about looking into Gary Johnson. Go away, you irrelevant douchebag.

Posted by: ManWithNoParty at July 29, 2016 02:43 PM (WZoaY)

259 This comment speaks to me: Weird year. Me, rooting for a commie to take down a felon so a reality show can win the Presidency. Posted by: AlaBAMA

Posted by: NaCly Dog [/i] at July 29, 2016 02:43 PM (hyuyC)

260 245 have a nephew who has had school paid for generously by grandpa - his mom is indian, his dad is white - but he tells people he's African American and that he is being crushed by student loans. he's said he hates his white grandpa, though not to his face. he's a good student, which is good at least. oh well. welcome to 2016. Posted by: CRJ at July 29, 2016 07:40 PM (ba6SM) There used to be a punishment for this... ... oh yeah, go out and cut me a switch!

Posted by: Aetius451AD at July 29, 2016 02:43 PM (3ZoRf)

261 If Romney is voting in Massachusetts it hardly matters if he votes for Trump once or 10 times.

Posted by: Skip at July 29, 2016 02:44 PM (bksJQ)

262 I agree with you all, but the only reason the HVAC and other tech degrees are doing well is because everyone is choosing college. When that changes and the market is flooded with tech certificates, it will change. Wages are market driven. Tech degrees are a wise move. Honestly, I wish we would just encourage kids to go where their skills lie. Not everyone is cut out for college and not everyone has the hands on aptitude to be a plumber.

Posted by: Quirky bookworm at July 29, 2016 02:44 PM (gppsv)

263 Would appreciate prayers for D'oh Boy.  He's let a former employer, fresh out of jail, move in with him.  (Boss was in jail for threatening his wife.)

He's supposed to be moving the guy's stuff out of his home with the guy's attorney (since former employer can't be near the poor wife).

Former employer is a well known motivational speaker (in the SE), and son has done all the video stuff and interviews with happy attendees.

As my husband said last night, "Our son has a good, loving, and generous heart.  He just doesn't know when to quit."

Posted by: Jane D'oh at July 29, 2016 02:44 PM (1ZOkK)

264 256 The corrupt Supreme Court did not rule that ALL tests had to be removed, but they did rule that the tests must be tailored to the job position that the applicants were seeking and that the company had to be able to justify the type of test given. Posted by: Vic We Have No Party at July 29, 2016 07:42 PM (mpXpK) Yeah, engineering is a refuge from this kind of crap. There's no way to argue that making someone design something on the spot is an unfair test for a job designing things like that.

Posted by: Splunge at July 29, 2016 02:44 PM (iMxBJ)

265 Somebody, please tell a joke. Posted by: Grandpa Castorini at July 29, 2016 07:37 PM .........."Make College Free!" Hillary Clinton July 28th 2016.

Posted by: Minnfidel at July 29, 2016 02:44 PM (dNwFH)

266 250 Prior to Griggs, it was also common for companies to operate their own education programs for employees.
My grandfather taught metallurgy for Republic Steel...

Posted by: Anon a mouse... at July 29, 2016 07:41 PM (C9pBZ)


Large companies still do.  Griggs does not prohibit that,

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:44 PM (mpXpK)

267 >>I look forward to hosting any of you that will come. Posted by: Ben Had Did you decide on a date?

Posted by: Aviator at July 29, 2016 02:45 PM (c7vUv)

268 Unless your resume has exactly the right set of keywords /i]

Heh.

Posted by: Google at July 29, 2016 02:45 PM (Tyii7)

Posted by: Google at July 29, 2016 02:45 PM (Tyii7)

270 263 Would appreciate prayers for D'oh Boy. He's let a former employer, fresh out of jail, move in with him. (Boss was in jail for threatening his wife.) He's supposed to be moving the guy's stuff out of his home with the guy's attorney (since former employer can't be near the poor wife). Former employer is a well known motivational speaker (in the SE), and son has done all the video stuff and interviews with happy attendees. As my husband said last night, "Our son has a good, loving, and generous heart. He just doesn't know when to quit." Posted by: Jane D'oh at July 29, 2016 07:44 PM (1ZOkK) Done. and you did a good job with him. Don't second guess yourself.

Posted by: Aetius451AD at July 29, 2016 02:45 PM (3ZoRf)

271 I had to take a host of tests to get hired on, but I was hiring into a Nuclear Program. Posted by: Vic We Have No Party Did you work for Duke? I retired from them 4 years ago.

Posted by: Bertram Cabot Jr. at July 29, 2016 02:46 PM (IqV8l)

272 269 Posted by: Google at July 29, 2016 07:45 PM (Tyii7) Next time.

Posted by: The Barrel at July 29, 2016 02:46 PM (3ZoRf)

273 We dipped our robot feets in the barrel.

Posted by: Google at July 29, 2016 02:46 PM (Tyii7)

274 >>>Dude, you are so wrong. Crawfordian for the 80's. And maybe 90's. 70's maybe Fawcettian? 50's Kellyian. and Christy Brinkleyian just breaks the whole idea wide open. Posted by: Aetius451AD at July 29, 2016 07:41 PM (3ZoRf) The Crawfordians are drooling ketchup fiends. Winonans will smite them and decorate their basements with their skulls!!!

Posted by: Banana Splits Guy at July 29, 2016 02:46 PM (ImTQ/)

275 CRJ I would guess leftists victim hood has scarred him very deep.

Posted by: Skip at July 29, 2016 02:46 PM (bksJQ)

276 240 >>Somebody, please tell a joke. Posted by: Grandpa Castorini "Hey, look at my clit! It looks like a dick, only bigger!"

Posted by: Hitlery Macbeth at July 29, 2016 02:47 PM (qcmqL)

277 Buzzion, was I triggered? Did I ask Ace to come in and here and ban people who were hating on millennials? No. I said the stereotypes being used were ridiculous and offered a bit of proof, perhaps imperfect, from my personal life that I was right. If you think that qualifies as being triggered, and is therefore a lamentable action on my part, you are no more a fan of honest discussion than the stereotypical millennials you supposedly detest.

Posted by: Right-Wing Millennial at July 29, 2016 02:47 PM (hxUdS)

278 Yeah, engineering is a refuge from this kind of crap. There's no way to argue that making someone design something on the spot is an unfair test for a job designing things like that. Posted by: Splunge at July 29, 2016 07:44 PM (iMxBJ) For now.

Posted by: 98ZJUSMC Staring at the Lake in the Rain at July 29, 2016 02:47 PM (72N6L)

279 I like the idea of a right-wing millennial. Say, does cloning work yet?

Posted by: Splunge at July 29, 2016 02:48 PM (iMxBJ)

280 271
I had to take a host of tests to get hired on, but I was hiring into a Nuclear Program.
Posted by: Vic We Have No Party


Did you work for Duke? I retired from them 4 years ago.

Posted by: Bertram Cabot Jr. at July 29, 2016 07:46 PM (IqV8l)


I will not say. Utilities do not like employees discussion buisness in public forums.

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:48 PM (mpXpK)

281 The Crawfordians are drooling ketchup fiends. Winonans will smite them and decorate their basements with their skulls!!! Posted by: Banana Splits Guy at July 29, 2016 07:46 PM (ImTQ/) That escalated quickly. I am sorry dude, but Cindy Crawford is/was hotter. Christy Brinkley is who you should choose as your white whale.

Posted by: Aetius451AD at July 29, 2016 02:48 PM (3ZoRf)

282 "The corrupt Supreme Court did not rule that ALL tests had to be removed, but they did rule that the tests must be tailored to the job position that the applicants were seeking and that the company had to be able to justify the type of test given." Duke Power was using the test to discriminate. Bad facts make bad law. The longer-term effect of the SCOTUS ruling was to introduce Disparate Impact, despite clear legislative intent to the contrary. This has had knock-on effects. If you're a smart motivated inner city minority, you're going to college. You won't be in the pool taking the police or fireman's exam.

Posted by: Ignoramus at July 29, 2016 02:48 PM (r1fLd)

283 I wasn't a nuke so I was irrelevant.

Posted by: Bertram Cabot Jr. at July 29, 2016 02:49 PM (IqV8l)

284 Or Grace Kelly for goodness sake. I mean, it's GRACE FRICKIN KELLY!

Posted by: Aetius451AD at July 29, 2016 02:49 PM (3ZoRf)

285 No, it didn't prohibit it, but quite a few firms dialed them down post Griggs... and some (one I've worked with, thus will remain nameless) were sued, and operate under DoJ consent agreements...

Posted by: Anon a mouse... at July 29, 2016 02:50 PM (C9pBZ)

286 281 Aetius451AD Sophia Loren era? Kay Parker era? And for the ettes, Charlton Heston Sean Connery Steve McQueen ???

Posted by: NaCly Dog [/i] at July 29, 2016 02:50 PM (hyuyC)

287 282 
Duke Power was using the test to discriminate. Bad facts make bad law. The longer-term effect of the SCOTUS ruling was to introduce Disparate Impact, despite clear legislative intent to the contrary.

Posted by: Ignoramus at July 29, 2016 07:48 PM (r1fLd)


Bull Shit, it was a bad ruling and they were full of shit.

Posted by: Vic[/i] We Have No Party at July 29, 2016 02:51 PM (mpXpK)

288 So businesses just require college degrees and hope for the best. Posted by: rickl at July 29, 2016 07:33 PM ( You forgot professions. They require degrees and post-grad to even sit to be certified. Empire building if you ask me. If you can pass an engineering certification out of high school, roll on.

Posted by: Golfman at July 29, 2016 02:51 PM (48QDY)

289 Say, does cloning work yet? Posted by: Splunge at July 29, 2016 07:48 PM (iMxBJ) --- No, but having sexual intercourse still works. Sheesh! Goddamned scientists take the fun out of EVERYTHING!

Posted by: RKae at July 29, 2016 02:51 PM (lbHXQ)

290 60's: never trust the Man 2016: only the man can save us Funny part is that the 60's hippies are the ones teaching the young ones this.

Posted by: Tinfoilbaby at July 29, 2016 02:51 PM (6Ll1u)

291 I took a three part test to work in the R&D division of a paint manufacture once. It had nothing to do with paint, all engineering and reasoning, general knowledge. Then in the interview, the guy handed me two plates to test my color distinction ability. Did not get the job, but at least I knew it was my personality and not my ability. Or someone was better. *shrug*

Posted by: Aetius451AD at July 29, 2016 02:52 PM (3ZoRf)

292 "Go away, you irrelevant douchebag." Yes Romney beclowned himself this cycle. But even he is publicly saying what so many denied for so long. Trump can win.

Posted by: Ignoramus at July 29, 2016 02:52 PM (r1fLd)

293 Bull Shit, it was a bad ruling and they were full of shit. Utilities do not like employees discussion buisness in public forums.

Posted by: Bertram Cabot Jr. at July 29, 2016 02:52 PM (IqV8l)

294 MY CLONE IS ALMOST OLD ENOUGH TO HAVE SEX WITH. AS A GOOD MUSLIM, I SHALL INITIATE HER INTO THE WAYS OF PEDO SAPHO INCEST ON HER 9TH BIRTHDAY...

Posted by: Hitlery Macbeth at July 29, 2016 02:53 PM (qcmqL)

295 286 281 Aetius451AD Sophia Loren era? Kay Parker era? And for the ettes, Charlton Heston Sean Connery Steve McQueen ??? Posted by: NaCly Dog at July 29, 2016 07:50 PM (hyuyC) When you said Kay Parker, all I though of was thatch. *snicker*

Posted by: Aetius451AD at July 29, 2016 02:53 PM (3ZoRf)

296 We were just looking for someone who could do a little more than flip a light switch. Sigh.

Posted by: Duke Power at July 29, 2016 02:53 PM (Tyii7)

297 Nood. Sexy.

Posted by: Aetius451AD at July 29, 2016 02:54 PM (3ZoRf)

298 Somebody tell a joke? Okay,, here's one, Trump walks into a bar, the bar tenders says cough-cough-cough-cough,, cough-cough-fart-fart,, cough.... cackle, cackle-cackle-cackle-cackle, get it? huh,, get it? Damn I crack me up *hic*

Posted by: Hillary Clinton at July 29, 2016 02:55 PM (eI9B5)

299 Posted by: Tinfoilbaby at July 29, 2016 07:51 PM (6Ll1u) Something about power corrupts...

Posted by: Golfman at July 29, 2016 02:55 PM (48QDY)

300 >>> I agree with the poster that millennials were screwed from an early age. We were told that we had to go to college by teachers, parents, older siblings, bosses, etc. It's hard when you're 18 and everyone has been telling you your whole life that you have to get a college degree, any degree, or you'll ruin your future. Meanwhile, television was pushing this idea of college as a utopian paradise full of cute twenty-somethings. ...... I mean no disrespect, but this is bullshit. 2 and 3 generations ago, every kid went through the same shit, expect dad and grandpa was pushing them "follow in their footsteps". School had posters up everywhere and guidance councilors pushing whatever trade union paid for the posters. The same result happened. A lot of kids ended up doing whatever they were told to do and a handful said, "fuck that. I am going to do what I am good at". What has changed? People used to graduate grade school with writing and math aptitude that few if any college freshmen (and even some college grads) have now. Maybe they sucked at it and got by with Cs, but they learned to think critically about things for themselves. That is long gone. Fail a test? No, you won't be held back. The test was unfair and racist. Heck, kids aren't even allowed to fail a test anymore. Research something? Go to a library? Cite and compare multiple primary sources? Nah. We have a Google, Wiki, and FaceBook!

Posted by: Damiano at July 29, 2016 02:57 PM (71OEY)

301 The ___ part didn't copy. I guess I will eat shit.

Pixy censors the letters i m g when put together.  A relic of the bad old days, or so I'm told...

Posted by: Brother Cavil, That Guy at July 29, 2016 02:57 PM (vyqqu)

302 280, Vic, they're not the only ones... Heh

Posted by: Anon a mouse... at July 29, 2016 02:59 PM (C9pBZ)

303 "Bull Shit, it was a bad ruling and they were full of shit." Duke Power had had a history of discrimination. Blacks had all been in the lowest-paying department. Then, after the Civil Rights Act came in, they used an IQ test for higher-paying work in the Coal Handling department, a menial job, and kept blacks from promotion. Bad facts can make bad law. It's not bull shit.

Posted by: Ignoramus at July 29, 2016 03:00 PM (r1fLd)

304 I'll say this - maybe home ownership isn't such a good idea these days. Here in Austin, they tax the hell outta you, and the county jacks up the assessed value EVERY single year. And how long, really, will it be until we're at the point where home ownership no longer makes sense from an economic standpoint? Not long at all, seems to me.

Posted by: Your Decidedly Devious Uncle Palpatine, Still Accepting Harem Applicants at July 29, 2016 03:02 PM (DE2u4)

305 Ok 29 is right on th bubble. You were in Highschool on 9/11 though right? Maybe the line is 1990 birth year. I don't know. All I know is that people roughly my age (let's range 27-35) don't have the values associated with the younger Millennials. Now that doesn't mean all Millennials are bad. Just an observation.

Posted by: Lauren at July 29, 2016 03:05 PM (K8fOt)

306 >>>I'll say this - maybe home ownership isn't such a good idea these days. Here in Austin, they tax the hell outta you, and the county jacks up the assessed value EVERY single year. ..... The tax issue is true everywhere. The alternative, however, is renting. So, instead of building equity and having the ability to go down and scream at the tax office every year, you cede at to your landlord, pay to build their equity, and still get stuck with the increase, except you pay it in increased rent.

Posted by: Damiano at July 29, 2016 03:05 PM (71OEY)

307 For all Texas AoSHQ - I will start asking for a date for the meet up at the end of August. I am going to supply all the brisket but would you like fajitas as well?

Posted by: Ben Had at July 29, 2016 03:07 PM (xo6p+)

308 So you're saying getting that masters degree in puppetry was a mistake?

Posted by: Dave at July 29, 2016 03:09 PM (NL/S2)

309 I will not ever turn down fajitas!

Posted by: Lauren at July 29, 2016 03:09 PM (K8fOt)

310 Lauren- With tomatillo or without?

Posted by: Ben Had at July 29, 2016 03:11 PM (xo6p+)

311 Posted by: Ben Had at July 29, 2016 08:07 PM (xo6p+) Sounds delicious.

Posted by: CaliGirl at July 29, 2016 03:13 PM (eU/yZ)

312 Damiano - No, I get that. I was a homeowner for ages. Live now in an apartment carved out at my business property. Home ownership was a headache, but it made sense at the time. It's just one of those things - either way, you're hosed.

Posted by: Your Decidedly Devious Uncle Palpatine, Still Accepting Harem Applicants at July 29, 2016 03:14 PM (DE2u4)

313 Home ownership rates are proportional to home mortgage interest rates.

It's the low interest rate that is driving low home ownership rates.

 
 

 

 
That, or the economy is really ef'd up.

Posted by: Burnt Toast at July 29, 2016 03:14 PM (P/kVC)

314 306 The alternative, however, is renting. So, instead of building equity and having the ability to go down and scream at the tax office every year, you cede at to your landlord, pay to build their equity, and still get stuck with the increase, except you pay it in increased rent. Posted by: Damiano at July 29, 2016 08:05 PM (71OEY) Renting does make more sense for low-income people, though. They're not blindsided when the heater breaks down and needs to be replaced, and they have the mobility to move where the jobs are.

Posted by: rickl at July 29, 2016 03:15 PM (sdi6R)

315 Oooh, definitely with tomatillos! Yum!

Posted by: Lauren at July 29, 2016 03:16 PM (K8fOt)

316 Brisket and fajitas? I'm there.

Posted by: Your Decidedly Devious Uncle Palpatine, Still Accepting Harem Applicants at July 29, 2016 03:17 PM (DE2u4)

317 308 So you're saying getting that masters degree in puppetry was a mistake? Posted by: Dave at July 29, 2016 08:09 PM (NL/S2) Not for me it wasn't.

Posted by: Jim Henson at July 29, 2016 03:17 PM (sdi6R)

318 CaliGirl- I am a Cali transplant to Texas. Napa Valley family. Grape growers and resturants in St. Helena. I always enjoy your posts because my brother lived in Stockton and I would always have to drive through asparagus fields to visit him.

Posted by: Ben Had at July 29, 2016 03:18 PM (xo6p+)

319 For the centex MoMeeUp, I'll bring an empty icechest and my best Tupperware.

Posted by: Your Decidedly Devious Uncle Palpatine, Still Accepting Harem Applicants at July 29, 2016 03:18 PM (DE2u4)

320 "am a Cali transplant to Texas" Uh oh! Did you bring your BMW?

Posted by: Lauren at July 29, 2016 03:19 PM (K8fOt)

321 Uncle- I would love for you and all the Harem to come.

Posted by: Ben Had at July 29, 2016 03:21 PM (xo6p+)

322 Lauren- All I brought was my Thank G-d I'm in Texas attitude.

Posted by: Ben Had at July 29, 2016 03:26 PM (xo6p+)

323 19 "And yet the fact that there are no jobs for them, which was well known by the school administrators and loan departments that cheered them on, and probably by their parents who insisted they go to college because 1) Everyone does and B) Everyone should have the college experience, makes it impossible for them to meet that 'responsibility'." -This. I got a STEM degree. My parents expected me to get a degree, because when _they_ got degrees they ended up with literal grocery bags full of letters from companies _offering them jobs._ They fully expected the same for me. I was told by everyone I could get in contact with there would be plenty of jobs in my field. Then there weren't. Flat out are not there. The _very_ few that are out there - they'll take people right out of college, but not anyone who's been looking a while. I'm lucky enough to have a roof over my head while I look for work and write. (And do odd jobs for people to keep myself fed, and run errands/keep ledgers/maintain yard - you name it.) Am I angry anyway? Oh, yes. Do I wish student loans were dischargeable by bankruptcy? Darn right I do. If I'd known then what I know now, I'd have gone for auto mechanic. Or plumber. Something that can't be outsourced.

Posted by: crossoverChaos at July 29, 2016 03:45 PM (pqgBK)

324 CBD. Its not capitalists who fleeced them. Its the evil college/government loan complex. They should be told they have been fleeced, and also who did it. Sure sure, let the buyer beware, but I don't think a bit of jujitsu to shift their ire to the college commies who actually put them in this hole would be a bad thing. Posted by: Palerider at July 29, 2016 06:51 PM (dkExz) Trump at his press conference a couple of days ago said that colleges were using students as conduits to the money loaned to the students.

Posted by: Retired Buckeye Cop is now an engineer at July 29, 2016 04:37 PM (5Yee7)

325 Just watched "Bridge on the River Kwai". British Colonel Nickolson's self righteous principles  represents perfectly the Never Trumpers as they stubbornly insist that the best we can come up with (Trump) is the enemy of perfect. So, some of them say they will vote for Hillary who is far worse than Trump. Idiocy. At least in the movie Colonel Nickolson realizes his mistake in the end.

Posted by: jason at July 29, 2016 04:55 PM (CLxvC)

326 "Never let a good death spiral go to waste." ,

Posted by: Corona at July 29, 2016 05:07 PM (ragzU)

327 Hey...I just noticed. I don't think Europe had a terror attack today!

WTG!

Or is the media just hiding it?

http://tinyurl.com/jfxsnyt

Posted by: PJ at July 29, 2016 05:11 PM (cHuNI)

328 I'm really sick of this 'Millenials are lazy trash' trope. The economy has been in the toilet since 2000. Wages are flat. Home prices are outrageous; in my mid-sized-town, $250k is the price you have to pay to avoid living in a ghetto shanty. And yes, student loans suck for STEM and humanities alike. I don't identify too much with my generation, but I certainly feel like we are worse off than our forebears left us. Between your obscenely hypocritical stance on NeverTrumpers (oh ye of #LetItBurn fame) and this gloriously tone deaf shit about Millenials, I'm about done reading this blog. Gary Johnson 2016 and don't trust anyone over 40.

Posted by: Oilfield Dude at July 29, 2016 05:13 PM (xzezz)

329 Ocean of Tears.

Posted by: Corona at July 29, 2016 05:14 PM (ragzU)

330 Posted by: Oilfield Dude at July 29, 2016 10:13 PM (xzezz)

Hey dumbass,

I wrote this...Ace didn't. It says so in the title.

Learn to read.

Posted by: CharlieBrown'sDildo at July 29, 2016 05:23 PM (Zu3d9)

331 "The economy has been in the toilet since 2000"

Try 2007/8. There ya go. Asshole.

Posted by: Corona at July 29, 2016 05:25 PM (ragzU)

332 Get a job, losers. My Social Security ain't gonna pay itself.
Posted by: BignJames

LMAO

Posted by: Lazy Boomer at July 29, 2016 05:31 PM (cHuNI)

333 I'm about done reading this blog. Well. Bye.

Posted by: Curly Bill at July 29, 2016 05:59 PM (rwI+c)

334 I guess I have touched a nerve. I don't comment much, usually, and now I'm reminded why. My bad on the confusion, CBD. But I think this group is about as out of touch with America as the Democratic Party is. I'd rather debate libtards on Reddit than you people. I may have missed who the OP was in all that drivel, but at least I can communicate without [poorly done] name calling. Doesn't management frown upon that, anyhow?

Posted by: Oilfield Dude at July 29, 2016 07:01 PM (xzezz)

335 Then again, your childish response should be expected given what was posted and the people here who lap that up.

Posted by: Oilfield Dude at July 29, 2016 07:05 PM (xzezz)

336 The Millennials are part of the problem, yes. But the government is also part of the problem. When you lose a premarital asset (house, inherited) in a non-asset divorce there is a problem. Oh, the kicker, the house was emptied and personal items sold or thrown away while the owner was out of the country, no notification. The government has made home ownership not something to be desired but something to be avoided.

Posted by: Thorisin at July 29, 2016 08:37 PM (YSrWO)

337 Times are rough for the GIVERnment and Millennials; I know a girl named Chelsea whose parents had to put their email server in the bathroom and could not afford firewall software.

Posted by: Bang-a-gong at July 30, 2016 01:38 AM (j0BeP)

338 "I accept the fact that Millennials owe a lot of money for their "Lesbian Poetry of 16th Century Low-Country Wiccans" degrees..." The biggest changes in major distribution over the last forty years has been an uptick in business and medical majors and a downtick in education and English majors. The economic conditions facing millennials definitely haven't been caused by a surge in performing arts/creative writing/women's studies/etc degrees. If anything, it looks like students in 2011 had more serious/marketable majors than students in 1970 did.

Posted by: GM at July 30, 2016 02:57 AM (G2Gwc)

339 I guess I have touched a nerve. The poster laid out a suit from the rack and you tell us it was cut to fit. Yeah, I'd say a nerve was touched.

Posted by: Grump928(C) says Free Soothie! at July 30, 2016 03:09 AM (rwI+c)

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