Mac-7
Diamond Member
- Oct 9, 2019
- 89,909
- 67,777
- 3,565
Links between Trump associates and Russian officials - Wikipedia
Your link contains a whole lot of nuthin
Trump officials talked to russians?
Big deal
Trump on Housing Crisis: "I Sort of Hope it Happens..."
- Thread starter georgephillip
- Start date
-
- Tags
- great recession mnuchin ross trump
Your link contains a whole lot of nuthin
Trump officials talked to russians?
Big deal
georgephillip
Diamond Member
- Thread starter
- #122
Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
This is why people with your ideology stay poor.
The solution is to learn from those who become wealthy, and do the same. Not stand around crying like a pathetic toddler, that smarter people are not doing stupid stuff like you, and ending up poor like you.
Whether Trump made millions off the crash or not, doesn't really make a difference.... does it? If Trump didn't, someone else would. Crashes are where the money is really made. It always has been.
Warren Buffet, famous long time Democrat.... I can't find the exact quote anymore, but it went like "In order to buy low and sell high, you first need to buy low".
All wealthy people do this. That's how you become wealthy.
You want a quick run down of how to be wealthy? I'll spell it out. You save money in the bank, and keep saving. Then someday there WILL be an economic recession or decline. All economies go through cycles. This is normal, and will happen whether Trump, or you, take advantage of it.
Then when the recession happens, you go out looking for deals. Find a home that someone else is selling for way cheap, and buy it for cash. Rent it out a few years until the recession is over, and sell it for a huge profit.
It is literally that simple, or that complex. You can do this with anything, and at any income level.
Right now my IRA is valued at literally double the amount of money that I put into it. The reason is simple. In 2008, when everyone was selling their stocks, I was buying them. I dumped every single spare dollar I had, into my stock investments all throughout 2008. We had an old guy at work, who sold off his stock at the end of 2008. He lost 1/5th of the value of his retirement. Meanwhile I doubled my money.
I did what Trump does, and other wealthy smart investing people do. That old guy, did what foolish people do.
I doubled my money, and he lost hundreds of thousands.
And whether or not Trump made money during the recession, what difference does that make to you or anyone else? Even if Trump had not made a penny, it wouldn't have helped anyone that was foolish with their money. So what difference does it make?
No mater what Trump does, it won't change anything in your life, if you are foolish with your money. So all you are doing is basically complaining that other people are not foolish. Well... how about you stop being a spoiled brat. How about you wish the best for other people around you, instead of being an envy driven jerk?
Has it ever occurred to you that the concentration of wealth destroys democracy? Capitalist economies have inherent problems with business cycles which may have more to do with the profit motive than with markets. Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
georgephillip
Diamond Member
- Thread starter
- #123
Links between Trump associates and Russian officials - Wikipedia
Your link contains a whole lot of nuthin
Trump officials talked to russians?
Big deal
Life-long Republican fixers Mueller and Barr did NOT incorporate Trump's financial documents into Mueller's report. Democrats in Congress will not be so accommodating:
Links between Trump associates and Russian officials - Wikipedia
"Several Trump advisers, including former National Security Advisor Michael Flynn and former campaign manager Paul Manafort, have been connected to Russian officials, or to Viktor Yanukovich and other pro-Russian Ukrainian officials.[27][28]
"Russian agents were overheard during the campaign saying they could use Manafort and Flynn to influence Trump.[where?][when?][by whom?][29]
"Members of Trump's campaign, and later his White House staff, particularly Flynn and Jared Kushner, were in contact with Russian government officials both before and after the November election,[30] including some contacts which they initially did not disclose.[31]
"As of May 2017, the FBI is investigating several alleged links between Trump associates and representatives of the Russian government.[32]
"Intelligence services[edit]
"British and Dutch intelligence services have given information to their United States counterparts about meetings in European cities between Russian officials, associates of Putin, and associates of then-President-elect Trump.
"American intelligence agencies also intercepted communications of Russian officials, some of them within the Kremlin, discussing contacts with Trump associates.[33]"
Toddsterpatriot
Diamond Member
Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
This is why people with your ideology stay poor.
The solution is to learn from those who become wealthy, and do the same. Not stand around crying like a pathetic toddler, that smarter people are not doing stupid stuff like you, and ending up poor like you.
Whether Trump made millions off the crash or not, doesn't really make a difference.... does it? If Trump didn't, someone else would. Crashes are where the money is really made. It always has been.
Warren Buffet, famous long time Democrat.... I can't find the exact quote anymore, but it went like "In order to buy low and sell high, you first need to buy low".
All wealthy people do this. That's how you become wealthy.
You want a quick run down of how to be wealthy? I'll spell it out. You save money in the bank, and keep saving. Then someday there WILL be an economic recession or decline. All economies go through cycles. This is normal, and will happen whether Trump, or you, take advantage of it.
Then when the recession happens, you go out looking for deals. Find a home that someone else is selling for way cheap, and buy it for cash. Rent it out a few years until the recession is over, and sell it for a huge profit.
It is literally that simple, or that complex. You can do this with anything, and at any income level.
Right now my IRA is valued at literally double the amount of money that I put into it. The reason is simple. In 2008, when everyone was selling their stocks, I was buying them. I dumped every single spare dollar I had, into my stock investments all throughout 2008. We had an old guy at work, who sold off his stock at the end of 2008. He lost 1/5th of the value of his retirement. Meanwhile I doubled my money.
I did what Trump does, and other wealthy smart investing people do. That old guy, did what foolish people do.
I doubled my money, and he lost hundreds of thousands.
And whether or not Trump made money during the recession, what difference does that make to you or anyone else? Even if Trump had not made a penny, it wouldn't have helped anyone that was foolish with their money. So what difference does it make?
No mater what Trump does, it won't change anything in your life, if you are foolish with your money. So all you are doing is basically complaining that other people are not foolish. Well... how about you stop being a spoiled brat. How about you wish the best for other people around you, instead of being an envy driven jerk?Has it ever occurred to you that the concentration of wealth destroys democracy? Capitalist economies have inherent problems with business cycles which may have more to do with the profit motive than with markets. Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
Has it ever occurred to you that the concentration of wealth destroys democracy?
Is that what happened to the USSR?
Capitalist economies have inherent problems with business cycles
Communist economies have no cycles?
Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole.
Like the nomenklatura?
Toddsterpatriot
Diamond Member
"Several Trump advisers, including former National Security Advisor Michael Flynn and former campaign manager Paul Manafort, have been connected to Russian officialsLinks between Trump associates and Russian officials - Wikipedia
Your link contains a whole lot of nuthin
Trump officials talked to russians?
Big dealLife-long Republican fixers Mueller and Barr did NOT incorporate Trump's financial documents into Mueller's report. Democrats in Congress will not be so accommodating:
Links between Trump associates and Russian officials - Wikipedia
"Several Trump advisers, including former National Security Advisor Michael Flynn and former campaign manager Paul Manafort, have been connected to Russian officials, or to Viktor Yanukovich and other pro-Russian Ukrainian officials.[27][28]
"Russian agents were overheard during the campaign saying they could use Manafort and Flynn to influence Trump.[where?][when?][by whom?][29]
"Members of Trump's campaign, and later his White House staff, particularly Flynn and Jared Kushner, were in contact with Russian government officials both before and after the November election,[30] including some contacts which they initially did not disclose.[31]
"As of May 2017, the FBI is investigating several alleged links between Trump associates and representatives of the Russian government.[32]
"Intelligence services[edit]
"British and Dutch intelligence services have given information to their United States counterparts about meetings in European cities between Russian officials, associates of Putin, and associates of then-President-elect Trump.
"American intelligence agencies also intercepted communications of Russian officials, some of them within the Kremlin, discussing contacts with Trump associates.[33]"
Were any of them connected to Medvedev?
OnePercenter
Gold Member
- Apr 10, 2013
- 23,667
- 1,884
- 265
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
Yeah, lenders LOVE it when people default on their loans. DURR
Banks lost trillions.
Moron.
How are those same banks doing today?
Toddsterpatriot
Diamond Member
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
Yeah, lenders LOVE it when people default on their loans. DURR
Banks lost trillions.
Moron.
How are those same banks doing today?
Doing pretty well.
Stronger balance sheets.
Larger reserves.
More capital.
OnePercenter
Gold Member
- Apr 10, 2013
- 23,667
- 1,884
- 265
Trump had nothing to do with the collapse of the housing bubble in 2007Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
That was caused by do-gooder liberals who insisted that banks loan money to poor people who cpuld not make their house payments
Continuing the lie. NOBODY was given a loan they couldn't initially pay. The illegal terms of some loans made it a time bomb and the baby bush administration did nothing to stop it.
Pay attention, it's happening again.
OnePercenter
Gold Member
- Apr 10, 2013
- 23,667
- 1,884
- 265
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
Yeah, lenders LOVE it when people default on their loans. DURR
Banks lost trillions.
Moron.
How are those same banks doing today?
Doing pretty well.
Stronger balance sheets.
Larger reserves.
More capital.
Paying $200B+ in fines since 2009 because they are continuing to break laws.
georgephillip
Diamond Member
- Thread starter
- #130
More debt?"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
Yeah, lenders LOVE it when people default on their loans. DURR
Banks lost trillions.
Moron.
How are those same banks doing today?
Doing pretty well.
Stronger balance sheets.
Larger reserves.
More capital.
Dunce.
Andylusion
Platinum Member
Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
This is why people with your ideology stay poor.
The solution is to learn from those who become wealthy, and do the same. Not stand around crying like a pathetic toddler, that smarter people are not doing stupid stuff like you, and ending up poor like you.
Whether Trump made millions off the crash or not, doesn't really make a difference.... does it? If Trump didn't, someone else would. Crashes are where the money is really made. It always has been.
Warren Buffet, famous long time Democrat.... I can't find the exact quote anymore, but it went like "In order to buy low and sell high, you first need to buy low".
All wealthy people do this. That's how you become wealthy.
You want a quick run down of how to be wealthy? I'll spell it out. You save money in the bank, and keep saving. Then someday there WILL be an economic recession or decline. All economies go through cycles. This is normal, and will happen whether Trump, or you, take advantage of it.
Then when the recession happens, you go out looking for deals. Find a home that someone else is selling for way cheap, and buy it for cash. Rent it out a few years until the recession is over, and sell it for a huge profit.
It is literally that simple, or that complex. You can do this with anything, and at any income level.
Right now my IRA is valued at literally double the amount of money that I put into it. The reason is simple. In 2008, when everyone was selling their stocks, I was buying them. I dumped every single spare dollar I had, into my stock investments all throughout 2008. We had an old guy at work, who sold off his stock at the end of 2008. He lost 1/5th of the value of his retirement. Meanwhile I doubled my money.
I did what Trump does, and other wealthy smart investing people do. That old guy, did what foolish people do.
I doubled my money, and he lost hundreds of thousands.
And whether or not Trump made money during the recession, what difference does that make to you or anyone else? Even if Trump had not made a penny, it wouldn't have helped anyone that was foolish with their money. So what difference does it make?
No mater what Trump does, it won't change anything in your life, if you are foolish with your money. So all you are doing is basically complaining that other people are not foolish. Well... how about you stop being a spoiled brat. How about you wish the best for other people around you, instead of being an envy driven jerk?Has it ever occurred to you that the concentration of wealth destroys democracy? Capitalist economies have inherent problems with business cycles which may have more to do with the profit motive than with markets. Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
Name one Democracy in the world, which does not have "concentration of wealth"?
Let me give you a hint.... I've been to Europe. The poor in Europe... are poor. The wealthy in Europe.... are wealthy.
Denmark? The rich in Denmark, are rich. The poor in Denmark... are poor.
Which democracy in this world, would you point to that is not 'destroyed' in your opinion, and has no concentration of wealth. I'll be more than happy to research how the wealth and poor live in that country.
That said.... I think if anything, Trump proved conclusively that Democracy is working in this country. Trump was opposed by the Media establishment. Trump was opposed by the Republican establishment. Trump was opposed by the Democrat establishment. He was mocked by a sitting president multiple times, opposed by nearly the entire government, and hated by nearly everyone everywhere, from every angle.
And yet, he won. How is that possible? It was the will of the people. It's that simple. The people's vote, put Trump in office.
Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
A janitor secretly amassed an $8 million fortune and left most of it to his library and hospital
Explain?
Rags-To-Riches Billionaire David Walentas To Donate $100 Million To University Of Virginia, Helping First-Generation Students
Explain?
1-800-GOT-JUNK: From Trash to Cash
Explain?
I could list dozens on dozens of examples.
The immigrant who became a drone firm boss
Explain?
Here's the reality. You claiming that the rich prevent you from being wealthy, is just you being a wimp. People come to this country every single day, and go from practically nothing, to wealthy. Happens every single day.
No one is tossing table scraps. It's up to you to do something of value, overcome the hardships of life, and make something for yourself.
It's not the rich people's job, to make your life successful. It's your job. If you are waiting around for the rich to toss you table scraps, that's on you for living the life of a dog by your own choice.
No one anywhere, owes you jack shit. Not the wealthy. Not society. Not the government.
You want to make money? That's on you to do something of value. Not on anyone else, just you.
georgephillip
Diamond Member
- Thread starter
- #132
Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
This is why people with your ideology stay poor.
The solution is to learn from those who become wealthy, and do the same. Not stand around crying like a pathetic toddler, that smarter people are not doing stupid stuff like you, and ending up poor like you.
Whether Trump made millions off the crash or not, doesn't really make a difference.... does it? If Trump didn't, someone else would. Crashes are where the money is really made. It always has been.
Warren Buffet, famous long time Democrat.... I can't find the exact quote anymore, but it went like "In order to buy low and sell high, you first need to buy low".
All wealthy people do this. That's how you become wealthy.
You want a quick run down of how to be wealthy? I'll spell it out. You save money in the bank, and keep saving. Then someday there WILL be an economic recession or decline. All economies go through cycles. This is normal, and will happen whether Trump, or you, take advantage of it.
Then when the recession happens, you go out looking for deals. Find a home that someone else is selling for way cheap, and buy it for cash. Rent it out a few years until the recession is over, and sell it for a huge profit.
It is literally that simple, or that complex. You can do this with anything, and at any income level.
Right now my IRA is valued at literally double the amount of money that I put into it. The reason is simple. In 2008, when everyone was selling their stocks, I was buying them. I dumped every single spare dollar I had, into my stock investments all throughout 2008. We had an old guy at work, who sold off his stock at the end of 2008. He lost 1/5th of the value of his retirement. Meanwhile I doubled my money.
I did what Trump does, and other wealthy smart investing people do. That old guy, did what foolish people do.
I doubled my money, and he lost hundreds of thousands.
And whether or not Trump made money during the recession, what difference does that make to you or anyone else? Even if Trump had not made a penny, it wouldn't have helped anyone that was foolish with their money. So what difference does it make?
No mater what Trump does, it won't change anything in your life, if you are foolish with your money. So all you are doing is basically complaining that other people are not foolish. Well... how about you stop being a spoiled brat. How about you wish the best for other people around you, instead of being an envy driven jerk?Has it ever occurred to you that the concentration of wealth destroys democracy? Capitalist economies have inherent problems with business cycles which may have more to do with the profit motive than with markets. Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
Name one Democracy in the world, which does not have "concentration of wealth"?
Let me give you a hint.... I've been to Europe. The poor in Europe... are poor. The wealthy in Europe.... are wealthy.
Denmark? The rich in Denmark, are rich. The poor in Denmark... are poor.
Which democracy in this world, would you point to that is not 'destroyed' in your opinion, and has no concentration of wealth. I'll be more than happy to research how the wealth and poor live in that country.
That said.... I think if anything, Trump proved conclusively that Democracy is working in this country. Trump was opposed by the Media establishment. Trump was opposed by the Republican establishment. Trump was opposed by the Democrat establishment. He was mocked by a sitting president multiple times, opposed by nearly the entire government, and hated by nearly everyone everywhere, from every angle.
And yet, he won. How is that possible? It was the will of the people. It's that simple. The people's vote, put Trump in office.
Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
A janitor secretly amassed an $8 million fortune and left most of it to his library and hospital
Explain?
Rags-To-Riches Billionaire David Walentas To Donate $100 Million To University Of Virginia, Helping First-Generation Students
Explain?
1-800-GOT-JUNK: From Trash to Cash
Explain?
I could list dozens on dozens of examples.
The immigrant who became a drone firm boss
Explain?
Here's the reality. You claiming that the rich prevent you from being wealthy, is just you being a wimp. People come to this country every single day, and go from practically nothing, to wealthy. Happens every single day.
No one is tossing table scraps. It's up to you to do something of value, overcome the hardships of life, and make something for yourself.
It's not the rich people's job, to make your life successful. It's your job. If you are waiting around for the rich to toss you table scraps, that's on you for living the life of a dog by your own choice.
No one anywhere, owes you jack shit. Not the wealthy. Not society. Not the government.
You want to make money? That's on you to do something of value. Not on anyone else, just you.
Trump lost the 2016 popular vote by over eight million ballots when you count Green and Libertarian voters; how does that prove democracy is working in the US?
Toddsterpatriot
Diamond Member
More debt?"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
Yeah, lenders LOVE it when people default on their loans. DURR
Banks lost trillions.
Moron.
How are those same banks doing today?
Doing pretty well.
Stronger balance sheets.
Larger reserves.
More capital.
Dunce.
More debt?
More assets!
georgephillip
Diamond Member
- Thread starter
- #134
Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
This is why people with your ideology stay poor.
The solution is to learn from those who become wealthy, and do the same. Not stand around crying like a pathetic toddler, that smarter people are not doing stupid stuff like you, and ending up poor like you.
Whether Trump made millions off the crash or not, doesn't really make a difference.... does it? If Trump didn't, someone else would. Crashes are where the money is really made. It always has been.
Warren Buffet, famous long time Democrat.... I can't find the exact quote anymore, but it went like "In order to buy low and sell high, you first need to buy low".
All wealthy people do this. That's how you become wealthy.
You want a quick run down of how to be wealthy? I'll spell it out. You save money in the bank, and keep saving. Then someday there WILL be an economic recession or decline. All economies go through cycles. This is normal, and will happen whether Trump, or you, take advantage of it.
Then when the recession happens, you go out looking for deals. Find a home that someone else is selling for way cheap, and buy it for cash. Rent it out a few years until the recession is over, and sell it for a huge profit.
It is literally that simple, or that complex. You can do this with anything, and at any income level.
Right now my IRA is valued at literally double the amount of money that I put into it. The reason is simple. In 2008, when everyone was selling their stocks, I was buying them. I dumped every single spare dollar I had, into my stock investments all throughout 2008. We had an old guy at work, who sold off his stock at the end of 2008. He lost 1/5th of the value of his retirement. Meanwhile I doubled my money.
I did what Trump does, and other wealthy smart investing people do. That old guy, did what foolish people do.
I doubled my money, and he lost hundreds of thousands.
And whether or not Trump made money during the recession, what difference does that make to you or anyone else? Even if Trump had not made a penny, it wouldn't have helped anyone that was foolish with their money. So what difference does it make?
No mater what Trump does, it won't change anything in your life, if you are foolish with your money. So all you are doing is basically complaining that other people are not foolish. Well... how about you stop being a spoiled brat. How about you wish the best for other people around you, instead of being an envy driven jerk?Has it ever occurred to you that the concentration of wealth destroys democracy? Capitalist economies have inherent problems with business cycles which may have more to do with the profit motive than with markets. Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
Name one Democracy in the world, which does not have "concentration of wealth"?
Let me give you a hint.... I've been to Europe. The poor in Europe... are poor. The wealthy in Europe.... are wealthy.
Denmark? The rich in Denmark, are rich. The poor in Denmark... are poor.
Which democracy in this world, would you point to that is not 'destroyed' in your opinion, and has no concentration of wealth. I'll be more than happy to research how the wealth and poor live in that country.
That said.... I think if anything, Trump proved conclusively that Democracy is working in this country. Trump was opposed by the Media establishment. Trump was opposed by the Republican establishment. Trump was opposed by the Democrat establishment. He was mocked by a sitting president multiple times, opposed by nearly the entire government, and hated by nearly everyone everywhere, from every angle.
And yet, he won. How is that possible? It was the will of the people. It's that simple. The people's vote, put Trump in office.
Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
A janitor secretly amassed an $8 million fortune and left most of it to his library and hospital
Explain?
Rags-To-Riches Billionaire David Walentas To Donate $100 Million To University Of Virginia, Helping First-Generation Students
Explain?
1-800-GOT-JUNK: From Trash to Cash
Explain?
I could list dozens on dozens of examples.
The immigrant who became a drone firm boss
Explain?
Here's the reality. You claiming that the rich prevent you from being wealthy, is just you being a wimp. People come to this country every single day, and go from practically nothing, to wealthy. Happens every single day.
No one is tossing table scraps. It's up to you to do something of value, overcome the hardships of life, and make something for yourself.
It's not the rich people's job, to make your life successful. It's your job. If you are waiting around for the rich to toss you table scraps, that's on you for living the life of a dog by your own choice.
No one anywhere, owes you jack shit. Not the wealthy. Not society. Not the government.
You want to make money? That's on you to do something of value. Not on anyone else, just you.
AT&T, GE, BofA?
Some of the most corrupt institutions this side of Trump U.
Read's a good example of Homo econimus but I don't see how his thrift compensates for capitalism's tendency to concentrate wealth into fewer and fewer hands with each passing generation.
Here's how a janitor amassed an $8M fortune
"Most of Read’s investments were found in a safe deposit box, Read’s attorney, Laurie Rowell, told CNBC. Those investments included AT&T, Bank of America, CVS, Deere, GE and General Motors.
"'He only invested in what he knew and what paid dividends. That was important to him,' she said in an interview with 'Closing Bell.'"
Andylusion
Platinum Member
Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
This is why people with your ideology stay poor.
The solution is to learn from those who become wealthy, and do the same. Not stand around crying like a pathetic toddler, that smarter people are not doing stupid stuff like you, and ending up poor like you.
Whether Trump made millions off the crash or not, doesn't really make a difference.... does it? If Trump didn't, someone else would. Crashes are where the money is really made. It always has been.
Warren Buffet, famous long time Democrat.... I can't find the exact quote anymore, but it went like "In order to buy low and sell high, you first need to buy low".
All wealthy people do this. That's how you become wealthy.
You want a quick run down of how to be wealthy? I'll spell it out. You save money in the bank, and keep saving. Then someday there WILL be an economic recession or decline. All economies go through cycles. This is normal, and will happen whether Trump, or you, take advantage of it.
Then when the recession happens, you go out looking for deals. Find a home that someone else is selling for way cheap, and buy it for cash. Rent it out a few years until the recession is over, and sell it for a huge profit.
It is literally that simple, or that complex. You can do this with anything, and at any income level.
Right now my IRA is valued at literally double the amount of money that I put into it. The reason is simple. In 2008, when everyone was selling their stocks, I was buying them. I dumped every single spare dollar I had, into my stock investments all throughout 2008. We had an old guy at work, who sold off his stock at the end of 2008. He lost 1/5th of the value of his retirement. Meanwhile I doubled my money.
I did what Trump does, and other wealthy smart investing people do. That old guy, did what foolish people do.
I doubled my money, and he lost hundreds of thousands.
And whether or not Trump made money during the recession, what difference does that make to you or anyone else? Even if Trump had not made a penny, it wouldn't have helped anyone that was foolish with their money. So what difference does it make?
No mater what Trump does, it won't change anything in your life, if you are foolish with your money. So all you are doing is basically complaining that other people are not foolish. Well... how about you stop being a spoiled brat. How about you wish the best for other people around you, instead of being an envy driven jerk?Has it ever occurred to you that the concentration of wealth destroys democracy? Capitalist economies have inherent problems with business cycles which may have more to do with the profit motive than with markets. Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
Name one Democracy in the world, which does not have "concentration of wealth"?
Let me give you a hint.... I've been to Europe. The poor in Europe... are poor. The wealthy in Europe.... are wealthy.
Denmark? The rich in Denmark, are rich. The poor in Denmark... are poor.
Which democracy in this world, would you point to that is not 'destroyed' in your opinion, and has no concentration of wealth. I'll be more than happy to research how the wealth and poor live in that country.
That said.... I think if anything, Trump proved conclusively that Democracy is working in this country. Trump was opposed by the Media establishment. Trump was opposed by the Republican establishment. Trump was opposed by the Democrat establishment. He was mocked by a sitting president multiple times, opposed by nearly the entire government, and hated by nearly everyone everywhere, from every angle.
And yet, he won. How is that possible? It was the will of the people. It's that simple. The people's vote, put Trump in office.
Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
A janitor secretly amassed an $8 million fortune and left most of it to his library and hospital
Explain?
Rags-To-Riches Billionaire David Walentas To Donate $100 Million To University Of Virginia, Helping First-Generation Students
Explain?
1-800-GOT-JUNK: From Trash to Cash
Explain?
I could list dozens on dozens of examples.
The immigrant who became a drone firm boss
Explain?
Here's the reality. You claiming that the rich prevent you from being wealthy, is just you being a wimp. People come to this country every single day, and go from practically nothing, to wealthy. Happens every single day.
No one is tossing table scraps. It's up to you to do something of value, overcome the hardships of life, and make something for yourself.
It's not the rich people's job, to make your life successful. It's your job. If you are waiting around for the rich to toss you table scraps, that's on you for living the life of a dog by your own choice.
No one anywhere, owes you jack shit. Not the wealthy. Not society. Not the government.
You want to make money? That's on you to do something of value. Not on anyone else, just you.AT&T, GE, BofA?
Some of the most corrupt institutions this side of Trump U.
Read's a good example of Homo econimus but I don't see how his thrift compensates for capitalism's tendency to concentrate wealth into fewer and fewer hands with each passing generation.
Here's how a janitor amassed an $8M fortune
"Most of Read’s investments were found in a safe deposit box, Read’s attorney, Laurie Rowell, told CNBC. Those investments included AT&T, Bank of America, CVS, Deere, GE and General Motors.
"'He only invested in what he knew and what paid dividends. That was important to him,' she said in an interview with 'Closing Bell.'"
Why didn't the wealthy keep him poor? I thought you said he as just a cog in the wheel, and would only get table scraps. How is $8 Million dollars, table scraps?
And if he can do that... why can't you? Why can't anyone? I'm doing what he did right now. I have stock in Walmart, and GE, and Apple.
Instead of complaining about the wealthy, and concentration, and so on.... he instead bought into the wealthy. He did not cry about them, and instead joined them.
It's no more complicated than that.
That's my whole point. Your entire belief system, was completely destroyed by one Janitor. No matter what else you say, one guy simply investing wisely, and living smart with money... was able to be a multimillionaire. No wealthy prevented him. The upper elite, couldn't stop him.
Andylusion
Platinum Member
Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
This is why people with your ideology stay poor.
The solution is to learn from those who become wealthy, and do the same. Not stand around crying like a pathetic toddler, that smarter people are not doing stupid stuff like you, and ending up poor like you.
Whether Trump made millions off the crash or not, doesn't really make a difference.... does it? If Trump didn't, someone else would. Crashes are where the money is really made. It always has been.
Warren Buffet, famous long time Democrat.... I can't find the exact quote anymore, but it went like "In order to buy low and sell high, you first need to buy low".
All wealthy people do this. That's how you become wealthy.
You want a quick run down of how to be wealthy? I'll spell it out. You save money in the bank, and keep saving. Then someday there WILL be an economic recession or decline. All economies go through cycles. This is normal, and will happen whether Trump, or you, take advantage of it.
Then when the recession happens, you go out looking for deals. Find a home that someone else is selling for way cheap, and buy it for cash. Rent it out a few years until the recession is over, and sell it for a huge profit.
It is literally that simple, or that complex. You can do this with anything, and at any income level.
Right now my IRA is valued at literally double the amount of money that I put into it. The reason is simple. In 2008, when everyone was selling their stocks, I was buying them. I dumped every single spare dollar I had, into my stock investments all throughout 2008. We had an old guy at work, who sold off his stock at the end of 2008. He lost 1/5th of the value of his retirement. Meanwhile I doubled my money.
I did what Trump does, and other wealthy smart investing people do. That old guy, did what foolish people do.
I doubled my money, and he lost hundreds of thousands.
And whether or not Trump made money during the recession, what difference does that make to you or anyone else? Even if Trump had not made a penny, it wouldn't have helped anyone that was foolish with their money. So what difference does it make?
No mater what Trump does, it won't change anything in your life, if you are foolish with your money. So all you are doing is basically complaining that other people are not foolish. Well... how about you stop being a spoiled brat. How about you wish the best for other people around you, instead of being an envy driven jerk?Has it ever occurred to you that the concentration of wealth destroys democracy? Capitalist economies have inherent problems with business cycles which may have more to do with the profit motive than with markets. Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
Name one Democracy in the world, which does not have "concentration of wealth"?
Let me give you a hint.... I've been to Europe. The poor in Europe... are poor. The wealthy in Europe.... are wealthy.
Denmark? The rich in Denmark, are rich. The poor in Denmark... are poor.
Which democracy in this world, would you point to that is not 'destroyed' in your opinion, and has no concentration of wealth. I'll be more than happy to research how the wealth and poor live in that country.
That said.... I think if anything, Trump proved conclusively that Democracy is working in this country. Trump was opposed by the Media establishment. Trump was opposed by the Republican establishment. Trump was opposed by the Democrat establishment. He was mocked by a sitting president multiple times, opposed by nearly the entire government, and hated by nearly everyone everywhere, from every angle.
And yet, he won. How is that possible? It was the will of the people. It's that simple. The people's vote, put Trump in office.
Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
A janitor secretly amassed an $8 million fortune and left most of it to his library and hospital
Explain?
Rags-To-Riches Billionaire David Walentas To Donate $100 Million To University Of Virginia, Helping First-Generation Students
Explain?
1-800-GOT-JUNK: From Trash to Cash
Explain?
I could list dozens on dozens of examples.
The immigrant who became a drone firm boss
Explain?
Here's the reality. You claiming that the rich prevent you from being wealthy, is just you being a wimp. People come to this country every single day, and go from practically nothing, to wealthy. Happens every single day.
No one is tossing table scraps. It's up to you to do something of value, overcome the hardships of life, and make something for yourself.
It's not the rich people's job, to make your life successful. It's your job. If you are waiting around for the rich to toss you table scraps, that's on you for living the life of a dog by your own choice.
No one anywhere, owes you jack shit. Not the wealthy. Not society. Not the government.
You want to make money? That's on you to do something of value. Not on anyone else, just you.
Trump lost the 2016 popular vote by over eight million ballots when you count Green and Libertarian voters; how does that prove democracy is working in the US?
We don't have a pure popular vote for a reason. You can't have just large cities, having dictator powers over the entire rest of the country.
Regardless, Trump won over enough states through general election, to end up president, despite being opposed by the elites of every aspect of our society. That is democracy working.
Mac-7
Diamond Member
- Oct 9, 2019
- 89,909
- 67,777
- 3,565
Several Trump advisers, including former National Security Advisor Michael Flynn and former campaign manager Paul Manafort, have been connected to Russian officials, or to Viktor Yanukovich and other pro-Russian Ukrainian officials.[27][28]Links between Trump associates and Russian officials - Wikipedia
Your link contains a whole lot of nuthin
Trump officials talked to russians?
Big dealLife-long Republican fixers Mueller and Barr did NOT incorporate Trump's financial documents into Mueller's report. Democrats in Congress will not be so accommodating:
Links between Trump associates and Russian officials - Wikipedia
"Several Trump advisers, including former National Security Advisor Michael Flynn and former campaign manager Paul Manafort, have been connected to Russian officials, or to Viktor Yanukovich and other pro-Russian Ukrainian officials.[27][28]
"Russian agents were overheard during the campaign saying they could use Manafort and Flynn to influence Trump.[where?][when?][by whom?][29]
"Members of Trump's campaign, and later his White House staff, particularly Flynn and Jared Kushner, were in contact with Russian government officials both before and after the November election,[30] including some contacts which they initially did not disclose.[31]
"As of May 2017, the FBI is investigating several alleged links between Trump associates and representatives of the Russian government.[32]
"Intelligence services[edit]
"British and Dutch intelligence services have given information to their United States counterparts about meetings in European cities between Russian officials, associates of Putin, and associates of then-President-elect Trump.
"American intelligence agencies also intercepted communications of Russian officials, some of them within the Kremlin, discussing contacts with Trump associates.[33]"
Several Trump advisers, including former National Security Advisor Michael Flynn and former campaign manager Paul Manafort, have been connected to Russian officials, or to Viktor Yanukovich and other pro-Russian Ukrainian officials.[27][28]
Flynn was not connected to any illegal dealings with russians
He was charged with lying to the FBI
And even that is a bullshit deal because one of the agents involved did not think he lied
Herr Mueller was just squeezing flynn to get at trump
georgephillip
Diamond Member
- Thread starter
- #138
More debt?"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
Yeah, lenders LOVE it when people default on their loans. DURR
Banks lost trillions.
Moron.
How are those same banks doing today?
Doing pretty well.
Stronger balance sheets.
Larger reserves.
More capital.
Dunce.
More debt?
More assets!
Whose assets?
Whose debt?
georgephillip
Diamond Member
- Thread starter
- #139
Why would anyone pretend to be surprised when the most corrupt POUTUS in US history anticipated "earning" massive profits from an economic crash that cost 8 million Americans their homes?
https://www.amazon.com/Homewreckers...italists-Demolished/dp/0062869531?tag=usmb-20
"Two years before the housing market collapsed in 2008, Donald Trump looked forward to a crash: 'I sort of hope that happens because then people like me would go in and buy,' he said."
"KIRKUS REVIEW
"A tale of greed and corruption involving 'corporate landlords' who 'drove a generational transfer of wealth from hundreds of thousands of individual homeowners to a handful of well-heeled bankers and titans of private equity...'"
"The author spotlights a variety of contemporary robber barons, including Donald Trump before he was president; Trump’s father, Fred; Wilbur L. Ross Jr. before he was the Secretary of Commerce; and Steven T. Mnuchin before he became Secretary of the Treasury.
"Glantz’s impressive research leads him to portray each of the tycoons as morally bankrupt and utterly without compassion for homeowners who lost their property."
It's bad enough that vulture capitalists like Trump, Barrack, Schwarzman, Ross, and Mnuchin found ways to profit from the fraud the created the Great Recession; what's even worse is that they are now is positions to create new financial products that could make the wealth transfers of the biggest economic downturn since the Great Depression permanent.
Too Much Winning or Drain the Swamp?
This is why people with your ideology stay poor.
The solution is to learn from those who become wealthy, and do the same. Not stand around crying like a pathetic toddler, that smarter people are not doing stupid stuff like you, and ending up poor like you.
Whether Trump made millions off the crash or not, doesn't really make a difference.... does it? If Trump didn't, someone else would. Crashes are where the money is really made. It always has been.
Warren Buffet, famous long time Democrat.... I can't find the exact quote anymore, but it went like "In order to buy low and sell high, you first need to buy low".
All wealthy people do this. That's how you become wealthy.
You want a quick run down of how to be wealthy? I'll spell it out. You save money in the bank, and keep saving. Then someday there WILL be an economic recession or decline. All economies go through cycles. This is normal, and will happen whether Trump, or you, take advantage of it.
Then when the recession happens, you go out looking for deals. Find a home that someone else is selling for way cheap, and buy it for cash. Rent it out a few years until the recession is over, and sell it for a huge profit.
It is literally that simple, or that complex. You can do this with anything, and at any income level.
Right now my IRA is valued at literally double the amount of money that I put into it. The reason is simple. In 2008, when everyone was selling their stocks, I was buying them. I dumped every single spare dollar I had, into my stock investments all throughout 2008. We had an old guy at work, who sold off his stock at the end of 2008. He lost 1/5th of the value of his retirement. Meanwhile I doubled my money.
I did what Trump does, and other wealthy smart investing people do. That old guy, did what foolish people do.
I doubled my money, and he lost hundreds of thousands.
And whether or not Trump made money during the recession, what difference does that make to you or anyone else? Even if Trump had not made a penny, it wouldn't have helped anyone that was foolish with their money. So what difference does it make?
No mater what Trump does, it won't change anything in your life, if you are foolish with your money. So all you are doing is basically complaining that other people are not foolish. Well... how about you stop being a spoiled brat. How about you wish the best for other people around you, instead of being an envy driven jerk?Has it ever occurred to you that the concentration of wealth destroys democracy? Capitalist economies have inherent problems with business cycles which may have more to do with the profit motive than with markets. Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
Name one Democracy in the world, which does not have "concentration of wealth"?
Let me give you a hint.... I've been to Europe. The poor in Europe... are poor. The wealthy in Europe.... are wealthy.
Denmark? The rich in Denmark, are rich. The poor in Denmark... are poor.
Which democracy in this world, would you point to that is not 'destroyed' in your opinion, and has no concentration of wealth. I'll be more than happy to research how the wealth and poor live in that country.
That said.... I think if anything, Trump proved conclusively that Democracy is working in this country. Trump was opposed by the Media establishment. Trump was opposed by the Republican establishment. Trump was opposed by the Democrat establishment. He was mocked by a sitting president multiple times, opposed by nearly the entire government, and hated by nearly everyone everywhere, from every angle.
And yet, he won. How is that possible? It was the will of the people. It's that simple. The people's vote, put Trump in office.
Today's US economy is rigged by those with the most money and insider contacts to enhance their private fortunes at the expense of society as a whole. While the rich may toss a few table scraps your way, you're little more than a useful cog in their money making machinery.
A janitor secretly amassed an $8 million fortune and left most of it to his library and hospital
Explain?
Rags-To-Riches Billionaire David Walentas To Donate $100 Million To University Of Virginia, Helping First-Generation Students
Explain?
1-800-GOT-JUNK: From Trash to Cash
Explain?
I could list dozens on dozens of examples.
The immigrant who became a drone firm boss
Explain?
Here's the reality. You claiming that the rich prevent you from being wealthy, is just you being a wimp. People come to this country every single day, and go from practically nothing, to wealthy. Happens every single day.
No one is tossing table scraps. It's up to you to do something of value, overcome the hardships of life, and make something for yourself.
It's not the rich people's job, to make your life successful. It's your job. If you are waiting around for the rich to toss you table scraps, that's on you for living the life of a dog by your own choice.
No one anywhere, owes you jack shit. Not the wealthy. Not society. Not the government.
You want to make money? That's on you to do something of value. Not on anyone else, just you.AT&T, GE, BofA?
Some of the most corrupt institutions this side of Trump U.
Read's a good example of Homo econimus but I don't see how his thrift compensates for capitalism's tendency to concentrate wealth into fewer and fewer hands with each passing generation.
Here's how a janitor amassed an $8M fortune
"Most of Read’s investments were found in a safe deposit box, Read’s attorney, Laurie Rowell, told CNBC. Those investments included AT&T, Bank of America, CVS, Deere, GE and General Motors.
"'He only invested in what he knew and what paid dividends. That was important to him,' she said in an interview with 'Closing Bell.'"
Why didn't the wealthy keep him poor? I thought you said he as just a cog in the wheel, and would only get table scraps. How is $8 Million dollars, table scraps?
And if he can do that... why can't you? Why can't anyone? I'm doing what he did right now. I have stock in Walmart, and GE, and Apple.
Instead of complaining about the wealthy, and concentration, and so on.... he instead bought into the wealthy. He did not cry about them, and instead joined them.
It's no more complicated than that.
That's my whole point. Your entire belief system, was completely destroyed by one Janitor. No matter what else you say, one guy simply investing wisely, and living smart with money... was able to be a multimillionaire. No wealthy prevented him. The upper elite, couldn't stop him.
Read apparently began investing in the mid-1960s. How do today's interest rates compare to those times?
Here's how a janitor amassed an $8M fortune
"However, Diane Garnick founder and CEO of Clear Alternatives, cautioned that the environment these days is much different than when Read invested.
"She noted that he likely saved cash in the ’70s before moving into the stock market, and then caught the tech boom. On top of that, interest rates are literally at zero, she noted.
"'One of the things that’s really important is for us to take a step back and say look it’s great that that happened over the last 40 years but there is a lower probability that it happens over the next 40 years,' she said."
If what we are reading about Read's life is accurate, he was more saint than capitalist. In general, the "free" market economy is designed to exploit billions of productive workers (like Read) in order to create ridiculous fortunes for a few parasites.
Today, most money made in the stock market isn't coming from dividends; it comes from finding another sucker willing to buy your stock for more than you paid for it.
MAGA: Cannibalizing each other for profit since 1776.
Toddsterpatriot
Diamond Member
Whose assets?
Whose debt?
Whose assets?
The discussion is about banks.
Whose debt?
Household Debt Service Payments as a Percent of Disposable Personal Income | FRED | St. Louis Fed
LOL!
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