Theology Applied THE LIVESTREAM - Trump Touts FIFTY YEAR Mortgage | You’ll Own Nothing
Nov 10, 2025
The discussion kicks off with a critique of Trump's proposed 50-year mortgage, linking it to historical usury and the erosion of ownership. The hosts delve into how housing unaffordability is disenchanting young voters and reflect on the morality of modern debt. They draw parallels between feudal conditions and today's economic challenges while exploring capitalism's shift towards new feudalism. Proposed solutions include local ownership reforms and tackling corporate housing. A segment on biblical insights adds depth, providing a moral framework for tackling modern issues.
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50-Year Mortgages Breed Generational Debt
- Joel Webbon argues a 50-year mortgage perpetuates generational debt and enriches banks through extended interest payments.
- He warns stretching payments for decades converts housing into long-term usury and intergenerational servitude.
How Mortgage Amortization Favors Lenders
- Wesley Todd traces 30-year mortgages to New Deal-era institutions like FHA, Fannie and Freddie.
- He observes amortization front-loads interest so longer terms often leave borrowers owning little equity for decades.
Ownership Beats Convenience As Wealth
- Joel Webbon reframes modern wealth: convenience vs ownership, arguing ownership is the truest measure.
- He claims many young Americans 'own nothing' despite comforts, leaving them impoverished in legacy and autonomy.
