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New Legislation Proposes to Take Wall Street Out of the Housing Market (www.nytimes.com)
submitted 2 years ago by to c/news@lemmy.world
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[–] 60 points 2 years ago (3 children)

From the article:

With a divided Congress, the bills are unlikely to pass into law this session. But Mr. Smith said legislators needed to start a conversation.

Solid odds this will be a campaign issue, which is a great thing.

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  • [–] 22 points 2 years ago (1 child)

    It will be a campaign issue and then nothing will be done about it. Fingers will be pointed.

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  • [–] 11 points 2 years ago (2 children)

    This 1000%. A bunch of bullshit from all sides, all these "ought to's" and a bunch of malarkey will get tossed around. The election will get won by Biden or Trump, and all this will just turn into the same thing it always does.....empty promises and a shit ton of money getting made at the top while we're all fucked.

    Real change won't happen by voting for it, it's when billionaires find their heads in baskets staring up at the axe/guillotine/whatever that just cut their fucking heads off. Eat the rich.

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  • [–] 2 points 2 years ago (1 child)

    The "Guillotine the rich" crowd sure loves saying they wanna do it but they never have the balls. You talk of politician "ought to's" yet here you and many others are not executing billionaires. Put up or shut up.

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  • [–] 4 points 2 years ago

    I said, and I'll copy and paste:

    Real change won’t happen by voting for it, it’s when billionaires find their heads in baskets staring up at the axe/guillotine/whatever that just cut their fucking heads off. Eat the rich.

    That's a message to show support and willingness. I can't pull it off myself, but if more people are aware and willing, the future is bright.

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  • [–] 6 points 2 years ago (1 child)

    Everyone will talk about it, nobody will do anything to improve the situation.

    Once you reach the ranks of the Senate, you have more financial interest in the future of your REIT-heavy investment portfolio than the price any of your constituents are paying for housing. Hell, more than a few Senators come straight from the halls of Wall Street themselves. That's how they have the kind of surplus cash to run for office to begin with.

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  • [–] -3 points 2 years ago (1 child)

    Or they could all be vampires, if we're just making shit up.

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  • [–] -1 points 2 years ago (1 child)

    Even vampires don't suck this hard.

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