Source: Liberal Currents
by Alan Elrod
“The Trump administration has announced a proposal for a 50-year home mortgage, supported by Federal Housing Finance Agency Director Bill Pulte. It’s a plan that would lower monthly payments but severely increase cost for borrowers through significantly higher interest payments. The proposal has been greeted with rage and disdain across the nativist right. Commentators like Glenn Beck and Matt Walsh, as well as elected officials like Thomas Massie, have all condemned it as financially ruinous and politically insulting to hard-working Americans. Among Trump’s most hardline nativist base, there is real anger. Trump entered politics promising to take the country back for his white, Christian base. He promised not fiscal discipline but social welfare for the right kind of American. For migrants and minorities, he offered deportation and incarceration.” (11/12/25)