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Belle of the Ranch

Let's talk about Trump’s plan causing headaches at the White House....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 13 November 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about Trump’s plan causing headaches at the White House....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again.

0:05.6

So today, we're going to talk about Trump's mortgage plan, causing headaches at the White House.

0:13.8

Recently, Trump suggested a 50-year mortgage as some kind of fix for the housing affordability crisis. Well, it turns out that plan

0:23.7

wasn't vetted, according to reports. I have a whole video breaking down the math on why this isn't a

0:31.0

good idea. But the short version is that it doesn't lower your payment much. You pay more in interest than the price of the

0:38.8

house. You lose speed when it comes to the wealth generation of equity in the home, and you'll

0:45.8

probably never pay it off. It's a horrible idea for most people. Well, it turns out, according to reports, even Trump allies to include lawmakers and

0:58.3

business pals weren't willing to follow Trump on this one. And the White House was swamped

1:04.2

with calls from people who have basic economic literacy saying this was a really bad idea. So how did this horrible idea surface?

1:15.6

As the story goes, Bill Pulte, who is the Federal Housing Finance Agency Director,

1:22.4

talked the president into suggesting the Forever in Debt Plan. He reportedly showed up at Trump's Club with a poster that had FDR and Trump's pictures below a title saying,

1:35.4

Great American Presidents.

1:37.7

And within minutes, the idea was on Trump's social media.

1:42.6

White House insiders believe Pulte sold Trump on the idea

1:46.6

by not telling him about the litany of problems

1:49.3

with the idea.

1:51.5

Problems, Trump, real estate developer,

1:54.7

should have known about, right?

1:57.2

When reading coverage of this fiasco,

1:59.9

something really caught my ear, and I haven't been able to stop thinking about it.

2:05.5

One of the people who spoke anonymously to the media said, quote,

2:10.9

Anything that goes before POTUS needs to be vetted, and a lot of times with Pulte, they're not. He just goes straight up to POTUS.

...

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