Owen Gregorian
๐ค SpeakerAppearances Over Time
Podcast Appearances
And he was talking about the idea that most credit card companies will charge 28%
or more to their customers.
But by passing this executive order, he's asking the credit card companies to only charge 10% now one year for one year for one year.
Now, legally, I can't go into it.
But I'm sure there's going to be lawsuits to not, you know, to not enforce this executive order.
And I don't know your thoughts on that.
So he, I don't know what, uh, if he talked about other points, the credit card point was excellent.
The other thing that happened recently is that yesterday, I believe he passed an executive order, um, to, uh, put some kind of, uh, stop to companies purchasing homes.
Um, it's the first step laying out the wall street home purchases.
Now, I have to say, and I know I won't be popular out there, I'm not in agreement with that, given that that is basically corporations are people in my mind.
If I have a corporation and I want to buy a home, I should be allowed.
So to me, I don't think the idea economically to just force corporations not allowed to purchase homes
Will not make the home cheaper In my mind, I think that the government should stay away from economics and I'm a lace afraid capitalist so as you can as you some of you would know but But I'm sure that there are people that want this relief fast and I think Trump understands that and I think what he's trying to do is is bring relief as soon as possible and I think like different capitalism is
would take a while to work.
Uh, I am a millennial and I have lots of friends that are just renters and he, and today in Davos he talked about, I don't want a nation of renters.
I want a nation to own homes because part of owning a home is not really the ownership, but it brings you stability to have a family, to have kids, to be able to,
have stability in personal life versus, you know, less divorces, less issues.
And it's affordable home because the issue is that you end up paying so much of your money to your house that there is not much money left.
So I don't know if you have thoughts on that.
I personally disagree with the executive order, but I can see why he's doing it.