Cmon man, one of the resident socialists here equated 200k income with buying second homes. You’ve hit the big time if you hit that number.
In other news, a very curious appointment by the Biden administration to head the Office of the Comptroller of the Currency. Basically bank regulation. They essentially nominated a communist. Don’t believe me? Just read her writings.
https://en.m.wikipedia.org/wiki/Saule_Omarova
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3715735
Some of the proposals she highlights.
(1) Moving all commercial bank deposits from commercial banks to so-called FedAccounts at the Federal Reserve;
(2) Allowing the Fed, in “extreme and rare circumstances, when the Fed is unable to control inflation by raising interest rates,” to confiscate deposits from these FedAccounts in order to tighten monetary policy;
(3) Allowing the most Wall Street-conflicted regional Fed bank in the country, the New York Fed, when there are “rises in market value at rates suggestive of a bubble trend,” such as with technology stocks today, to “short these securities, thereby putting downward pressure on their prices”;
(4) Eliminate the Federal Deposit Insurance Corporation (FDIC) that insures bank deposits;
(5) Consolidate all bank regulatory functions at the OCC
She’s very unlikely to be confirmed due to these opinions, but why on Earth would someone that essentially opposes financial autonomy and privacy be appointed to such a leadership role in our government? These are frankly dangerous positions to every American.