Even Fox News is Over Trump’s BS

Fox News just slammed Donald Trump’s latest economic “master plan” — and for once, they’re right. Trump is promoting a 50-year mortgage as his new “affordability” fix for Americans, but financial experts (and even Fox hosts) are calling it what it is: a long-term debt trap designed to enrich banks and Wall Street, not working families. Ring of Fire’s Jerrod Zisser breaks down how Trump is trying to sell America’s middle class to the banks while pretending it’s a gift to you. Don’t fall for the “affordability” illusion.

Link: https://www.thedailybeast.com/fox-business-host-charles-payne-slams-trumps-50-year-mortgage-plan-not-the-way-to-do-this/

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Fox News is slamming one of Trump's new economic plans for America, and he's doing it out of complete de desperation, okay? He is trying so hard to compete with New York's, uh, new mayor Zoran Malani on affordability. That's the word, like this month. Okay, guys? Affordability, it's a big, big word. Um, all over America, all right? And that word is terrifying Trump. Okay? So stick around for this one because I promise it will keep you from potentially wasting hundreds of thousands of dollars. And I'm not just saying that I'm, I'm being very serious, okay? But first I want to go over another panic session, okay? 'cause Trump is showing how much he is freaking out already. I mean, this week by consistently posting about giving everyone in America a $2,000 check from tariffs and making sure that everybody is talking about it all over the news.

But here's the thing, I'm still waiting on my $5,000 dose check and we were promised that a long time ago, and that still hasn't showed up. So I'm pretty sure this $2,000 check is just like another distraction or a way to make us feel like things are happening and we're gonna be better. You know what? Actually, he's posted this so many times and I kind of wanna see where's my phone? I know we did this before. Let's see if he posted one since we started talking. Hold on. 'cause he is just throwing it everywhere and trying to get as many people in the world to see this. So let's go find Mr. Trumpy Trump on his little truth social thingy and there he is. Great. Okay, so he is wishing the Marine Corps happy Birthday. Oh, that's right. I'm a Marine. It's the Marine Corps birthday today.

I should have known that like off the top of my head. Uh, let's see what he did before that, talking about the radical left lunatics. Okay, course, of course. Oh, and look at that just three down. Look at that. Oh, man. Right after, look at that. You can't see that, but I'll make sure that's there for you guys. Look at that. God, this guy is so consistent. It's insane. He's so consistent. It's amazing. Back to saving you potentially hundreds of thousands of dollars. Okay? The network I'm about to show you, we're all familiar with Fox, and I'm sorry that I'm gonna make you watch this. Um, basically it's calling this what it is, okay? It's a long-term debt, um, trap, basically, uh, disguised as relief. So here's what they meant. Okay? The White House is floating this new idea. Trump is floating this new idea, a 50 year mortgage, and you're about to hear about it on Fox because it's really important to understand what Fox says about this, because usually they're all about appeasing Trump. So check out this clip. Okay?

So the big word from last week was affordability. And I really wanted to have you on so you could define affordability for us. Yeah. But here we go. The White House is floating this idea. Bill Pulte is saying thanks to President Trump, we can indeed work on the 50 year mortgage. A complete game changer. Uh, how does that work? In dollars. Here you go. 30 year fixed mortgage. Right now, uh, you're paying 2030 $8 a month principal and interest on a $400,000 home at the bottom under 50 years, you'd save a couple hundred bucks a month at $1,822 principal in interest. That is proposed. Do you like this idea?

Видео Even Fox News is Over Trump’s BS канала The Ring of Fire