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Joined 1 year ago
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Cake day: July 7th, 2023

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  • OK… so this is weird. The Supreme court just upheld that the funding structure of the CFPB was constitutional overruling the 5th circuit ruling that the CFPB funding structure was unconstitutional… But THIS federal judge just used the 5th court unconstitutionality ruling as the basis for why this CFPB credit card rule was unconstitutional (the CFPB is unconstitutional so any decision they make is invalid). It seems like he’s leaning on a just overturned ruling to make this decision. Is this just a case of a timing error where everything in the credit card fee case was filed before he Supreme Court overruled the 5th circuit’s ruling or is there another argument there?








  • The dropping interest rate is one of the main reasons that housing prices have skyrocketed in the past 20 years. People judge housing prices by what they can afford monthly and interest rates directly impact that figure. It’s only a matter of time for housing prices to fall drastically if interest rates remain at 7%.

    And yes, I have a 500k loan at 2.5% on a 30yr fixed mortgage. Maybe we’ll sell our house in 15 years, but otherwise, forget it! I have zero interest in paying it off early.








  • blady_blah@lemmy.worldtoLemmy Shitpost@lemmy.worldElon Tusk
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    4 months ago

    That’s weird because the world is in better shape than it was when I grew up. You have drills for what to do in active shooter situations. I had drills for what to do in case of a nuclear war. I don’t think it’s as much to do with how bad the world is vs how bad the economy is for young people… and I"m not even sure if it’s statistically worse. Certainly housing is worse. Are there any other metrics that are really worse? (This is an honest question, I"m not looking for a generational fight. None of us have any control over when we were born.) Wealth inequality has gotten worse, but it was pretty bad before too.

    I guess what I"m really arguing is that I think there is too much negativity and pessimism in our society especially amongst the young. Some things do suck. But finding someone who you love and then deciding to start a family with them and creating a small pocket of a better world seems 100% worth it to me.




  • The issue is that romance tends to be prioritized over friendship in media even for straight relationships

    This doesn’t seem strange to me. Personally I do this. I’m in a committed long term relationship married, but even before that I prioritized romantic relationships above friendships. I don’t get why this is weird (forgetting the exaggerated “I met this guy I have nothing in common with 2 days ago and we’re so totally in love” part).