jc456
Diamond Member
- Dec 18, 2013
- 141,550
- 30,052
- 2,180
rabbit hole.If you owed a million dollars, you'd probably think, "I'm fucked".
The blob literally owes 1,000 times that.
Let that sink in.
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rabbit hole.If you owed a million dollars, you'd probably think, "I'm fucked".
The blob literally owes 1,000 times that.
Let that sink in.
You can't be serious. Are you really that stupid? "Where do I get that he's hiding it"?If it's smart to owe money then why is he hiding it?Bottom line.....and underwriter will ONLY approve a loan if your assets exceed the amount of the loan by at least 70%.....so regardless of the amount of the loan, 100 dollars or 10 billion dollars, you MUST have the assets to rationalize the risk of the lender.There are many debts that are bad debts. For example, credit card debt is a bad debt. Why? Because you are not accruing value in assets, you are simply spending more than you can afford. Otherwise, you would pay cash.not me. why do you need more government?But it's what we do here because we want more government than we're willing to pay for.
We don't; we need to tax ourselves at the level of government spending.
we need to tax ourselves at the level of government spending.
It would make more sense to spend less than we take in in taxes, and pay down the debt.
We should tax to the levels of spending.
Oh wait, you think it's a fantastic idea to be in debt.... I forgot. Sorry.
We should tax to the levels of spending.
Nope.
the more they tax, the more they spend.
Raise taxes across the board to 90%, Congress will still spend more than they take in.
Being in debt for 1/4th my assets?
not a big issue.
Not that you seem to understand.
You seem to think any debt is good debt.... Its a crazy stance. I'm not surprised a Trump supporter thinks that way since most are certifiable nuts.
LOL. You tell him you can read his mind, and that's how you know he's a nut.
Maybe you should think that one through ...
But to take on debt to purchase an asset that is valued at more than what you pay (happens often) is a good debt. It is known as INVESTING.....LEVERAGING.....yes, sometimes a gamble, but often a smart move.
Candycorn, you really need to understand what you debate.
Yes, but it's only a gamble for the money you put into the investment
If Trump has a half a billion of debt, (FYI, that is not called being in debt)...then he certainly has much more in assets.
Being in debt is a bad thing. Having debt less than assets is having debt for a reason and a good thing. But not the same as being in debt. Candy needs to understand how it works.
Yes, if you put 30% down on a building, then use the building itself as collateral, you should be fine.
I keep pointing out too that debt is cheaper than equity. By putting down 30%, he can buy roughly three more buildings with the same money. Buying buildings outright would be really stupid, so that's what candycorn, petro, and Crepitus think he should do. They want government checks, business schmisness, they know nothing about it, and are damned proud of it
Where do you get that he's hiding it? That's a logical fallacy BTW called "begging the question."
You just assumed the truth of your own position.
It's a butt lazy way to argue.
Creep: I'm right, kaz, just cuz I said so
Non-answerrabbit hole.If you owed a million dollars, you'd probably think, "I'm fucked".
The blob literally owes 1,000 times that.
Let that sink in.
You can't be serious. Are you really that stupid? "Where do I get that he's hiding it"?If it's smart to owe money then why is he hiding it?Bottom line.....and underwriter will ONLY approve a loan if your assets exceed the amount of the loan by at least 70%.....so regardless of the amount of the loan, 100 dollars or 10 billion dollars, you MUST have the assets to rationalize the risk of the lender.There are many debts that are bad debts. For example, credit card debt is a bad debt. Why? Because you are not accruing value in assets, you are simply spending more than you can afford. Otherwise, you would pay cash.not me. why do you need more government?But it's what we do here because we want more government than we're willing to pay for.
We don't; we need to tax ourselves at the level of government spending.
we need to tax ourselves at the level of government spending.
It would make more sense to spend less than we take in in taxes, and pay down the debt.
We should tax to the levels of spending.
Oh wait, you think it's a fantastic idea to be in debt.... I forgot. Sorry.
We should tax to the levels of spending.
Nope.
the more they tax, the more they spend.
Raise taxes across the board to 90%, Congress will still spend more than they take in.
Being in debt for 1/4th my assets?
not a big issue.
Not that you seem to understand.
You seem to think any debt is good debt.... Its a crazy stance. I'm not surprised a Trump supporter thinks that way since most are certifiable nuts.
LOL. You tell him you can read his mind, and that's how you know he's a nut.
Maybe you should think that one through ...
But to take on debt to purchase an asset that is valued at more than what you pay (happens often) is a good debt. It is known as INVESTING.....LEVERAGING.....yes, sometimes a gamble, but often a smart move.
Candycorn, you really need to understand what you debate.
Yes, but it's only a gamble for the money you put into the investment
If Trump has a half a billion of debt, (FYI, that is not called being in debt)...then he certainly has much more in assets.
Being in debt is a bad thing. Having debt less than assets is having debt for a reason and a good thing. But not the same as being in debt. Candy needs to understand how it works.
Yes, if you put 30% down on a building, then use the building itself as collateral, you should be fine.
I keep pointing out too that debt is cheaper than equity. By putting down 30%, he can buy roughly three more buildings with the same money. Buying buildings outright would be really stupid, so that's what candycorn, petro, and Crepitus think he should do. They want government checks, business schmisness, they know nothing about it, and are damned proud of it
Where do you get that he's hiding it? That's a logical fallacy BTW called "begging the question."
You just assumed the truth of your own position.
It's a butt lazy way to argue.
Creep: I'm right, kaz, just cuz I said so
Where have you been for the last 4-5 years?
Non-answerrabbit hole.If you owed a million dollars, you'd probably think, "I'm fucked".
The blob literally owes 1,000 times that.
Let that sink in.
he's not hiding it.You can't be serious. Are you really that stupid? "Where do I get that he's hiding it"?
Where have you been for the last 4-5 years?
cause it's a rabbit hole. you asked and we answered. you keep harrasing everyone stop it.Non-answerrabbit hole.If you owed a million dollars, you'd probably think, "I'm fucked".
The blob literally owes 1,000 times that.
Let that sink in.
Based on your logic, no one should ever apply for a mortgage.I see reading reply's to this post that pretty much NO one on this board understands big business or government finance, that includes me. and who could blame them, its a convoluted mess.
One person owing $1B is not a good thing. I think we all understand that. Some here believe that he should owe $2B.... Its incredible.
Based on your logic, no one should ever apply for a mortgage.I see reading reply's to this post that pretty much NO one on this board understands big business or government finance, that includes me. and who could blame them, its a convoluted mess.
One person owing $1B is not a good thing. I think we all understand that. Some here believe that he should owe $2B.... Its incredible.
OH hell... I'd rather owe a billion dollars. I owe nothing now. And I don't have enough money to be a billion in debt... Fuck yeah I'll take a billion in the hole if it means I'm worth three or four times that easy.If the mortgage is a billion dollars, no.
Your answer to the following question will show how dumb your position is.
Would you rather owe a billion or owe nothing?
Okay, choose a figure for the worth of all United States assets. Divide that by "three or four." Now never ever complain about the size of the national debt again!OH hell... I'd rather owe a billion dollars. I owe nothing now. And I don't have enough money to be a billion in debt... Fuck yeah I'll take a billion in the hole if it means I'm worth three or four times that easy.If the mortgage is a billion dollars, no.
Your answer to the following question will show how dumb your position is.
Would you rather owe a billion or owe nothing?
The question shows just how dumb your position is.
OH hell... I'd rather owe a billion dollars. I owe nothing now. And I don't have enough money to be a billion in debt... Fuck yeah I'll take a billion in the hole if it means I'm worth three or four times that easy.If the mortgage is a billion dollars, no.
Your answer to the following question will show how dumb your position is.
Would you rather owe a billion or owe nothing?
The question shows just how dumb your position is.
Bet you have nowhere near a billion dollars -- in mortgage debt, assets, or anything -- to leave your heirs -- and never have.Based on your logic, no one should ever apply for a mortgage.One person owing $1B is not a good thing. I think we all understand that. Some here believe that he should owe $2B.... Its incredible.
And thus why you rent.
Bet you have little to leave your heirs.
Good for you.
Based on your logic, no one should ever apply for a mortgage.I see reading reply's to this post that pretty much NO one on this board understands big business or government finance, that includes me. and who could blame them, its a convoluted mess.
One person owing $1B is not a good thing. I think we all understand that. Some here believe that he should owe $2B.... Its incredible.
If the mortgage is a billion dollars, no.
Your answer to the following question will show how dumb your position is.
Would you rather owe a billion or owe nothing?
The stunning silence from the blobbers is telling.OH hell... I'd rather owe a billion dollars. I owe nothing now. And I don't have enough money to be a billion in debt... Fuck yeah I'll take a billion in the hole if it means I'm worth three or four times that easy.If the mortgage is a billion dollars, no.
Your answer to the following question will show how dumb your position is.
Would you rather owe a billion or owe nothing?
The question shows just how dumb your position is.
it is possible to be “worth” billions without owing a billion,right?
Wouldn’t that be better than owing that billion as your blob does?
The stunning silence from the blobbers is telling.OH hell... I'd rather owe a billion dollars. I owe nothing now. And I don't have enough money to be a billion in debt... Fuck yeah I'll take a billion in the hole if it means I'm worth three or four times that easy.If the mortgage is a billion dollars, no.
Your answer to the following question will show how dumb your position is.
Would you rather owe a billion or owe nothing?
The question shows just how dumb your position is.
it is possible to be “worth” billions without owing a billion,right?
Wouldn’t that be better than owing that billion as your blob does?
The stunning silence from the blobbers is telling.OH hell... I'd rather owe a billion dollars. I owe nothing now. And I don't have enough money to be a billion in debt... Fuck yeah I'll take a billion in the hole if it means I'm worth three or four times that easy.If the mortgage is a billion dollars, no.
Your answer to the following question will show how dumb your position is.
Would you rather owe a billion or owe nothing?
The question shows just how dumb your position is.
it is possible to be “worth” billions without owing a billion,right?
Wouldn’t that be better than owing that billion as your blob does?
Some people think four year olds are hard to take seriously, blob.
I'd rather own three buildings for the same money you would spend on one. And you think that makes me stupid and you a good business pre-schooler.
Yeah, sure baby cakes. Isn't it nap time after your snack, little angry girl?
The stunning silence from the blobbers is telling.OH hell... I'd rather owe a billion dollars. I owe nothing now. And I don't have enough money to be a billion in debt... Fuck yeah I'll take a billion in the hole if it means I'm worth three or four times that easy.If the mortgage is a billion dollars, no.
Your answer to the following question will show how dumb your position is.
Would you rather owe a billion or owe nothing?
The question shows just how dumb your position is.
it is possible to be “worth” billions without owing a billion,right?
Wouldn’t that be better than owing that billion as your blob does?
Some people think four year olds are hard to take seriously, blob.
I'd rather own three buildings for the same money you would spend on one. And you think that makes me stupid and you a good business pre-schooler.
Yeah, sure baby cakes. Isn't it nap time after your snack, little angry girl?
Personal insults aren’t an answer Fido.
Isn’t it better to have billions and be debt free than to have billions and owe (at least) a billion?
Answer the question.
The stunning silence from the blobbers is telling.OH hell... I'd rather owe a billion dollars. I owe nothing now. And I don't have enough money to be a billion in debt... Fuck yeah I'll take a billion in the hole if it means I'm worth three or four times that easy.If the mortgage is a billion dollars, no.
Your answer to the following question will show how dumb your position is.
Would you rather owe a billion or owe nothing?
The question shows just how dumb your position is.
it is possible to be “worth” billions without owing a billion,right?
Wouldn’t that be better than owing that billion as your blob does?
Some people think four year olds are hard to take seriously, blob.
I'd rather own three buildings for the same money you would spend on one. And you think that makes me stupid and you a good business pre-schooler.
Yeah, sure baby cakes. Isn't it nap time after your snack, little angry girl?
Personal insults aren’t an answer Fido.
Isn’t it better to have billions and be debt free than to have billions and owe (at least) a billion?
Answer the question.