$Trillion Coins? Jumbo loans as “normal loans” with Kim Dawson. Ryan Cadigan jumps in LD6 race. Monday, September 20, 2021: Show# 1199
(0:00-17:31) Debt crisis...well duh. Biden warns if Congress doesn’t raise the debt ceiling (national credit card), the nation will go into recession. Meanwhile he’s pushing $4.5trillion in new spending. What the ?$%$! How about cutting spending? Jeff goes over the numbers including debt to GDP ratio (not good), debt service on the debt, entitlem...
$Trillion Coins? Jumbo loans as “normal loans” with Kim Dawson. Ryan Cadigan jumps in LD6 race.
Monday, September 20, 2021: Show# 1199
- (0:00-17:31) Debt crisis...well duh. Biden warns if Congress doesn’t raise the debt ceiling (national credit card), the nation will go into recession. Meanwhile he’s pushing $4.5trillion in new spending. What the ?$%$! How about cutting spending? Jeff goes over the numbers including debt to GDP ratio (not good), debt service on the debt, entitlements and military spending…which all adds up to close to current tax revenue but doesn’t include fixing bridges, education and all the other stuff. How long will the US keep its reserve currency status, which allows US to live way beyond means.
- (17:28-43:25) Kim Dawson of Nova Home Loans: LOWER RATES BUT MUCH HIGHER COSTS! You may have lower interest rates and higher wages but prices have increased dramatically! Jumbo loans needed to purchase a median priced house in many communities. Landlords faced (and still face in 1/2 the country) eviction moratoriums yet Fanie and Freddie have made getting loans harder to get. Are AirBnB rentals pushing out traditional rental housing in communities around the country. Learn more about Kim at https://kimdawson.novahomeloans.com
- (43:17-62:43) Ryan Cadigan jumps into the LD6 AZ House race and hopes to get the Republican nomination. What’s at stake? Jeff and Ryan talk education, election integrity, the 2nd amendment and the importance of the LD6 race which Jeff is sure will determine who controls the Legislature and if AZ goes BLUE or stays RED? Learn more about Ryan at https://www.cadiganforarizona.com
- (62:44-74:22) $Trillion coins and election audit…Listeners chime in and Jeff answers questions on TRILLION dollar coins, clarifies the debt levels and spending levels and takes a listener comment on the AZ audit.
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