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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,362
Loc: 'Merica
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Re: Trump calls CNN fake news [Re: KauaiOrca]
#24014567 - 01/16/17 12:30 PM (7 years, 12 days ago) |
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Good points.
It seems to me that Obama saw his election as a mandate for social justice. The economics fell by the wayside, and we see what happens when you ignore such a glaring issue for a decade.
The real question is what is Trump's plan for inequality? He wants to kick 30 million people off their health insurance, and then tax them so he can build a wall which will accomplish zero of its intended goals.
Honestly, whats his plan for this? Is there one? Some vague infrastructure plan?
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KauaiOrca
Waterman

Registered: 08/12/08
Posts: 3,131
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Quote:
The Ecstatic said: Good points.
It seems to me that Obama saw his election as a mandate for social justice. The economics fell by the wayside, and we see what happens when you ignore such a glaring issue for a decade.
The real question is what is Trump's plan for inequality? He wants to kick 30 million people off their health insurance, and then tax them so he can build a wall which will accomplish zero of its intended goals.
Honestly, whats his plan for this? Is there one? Some vague infrastructure plan?
Being totally honest, I can't stand Trump and find him personally repulsive. Having said that, I don't think he truly wants to kick everyone off their health insurance. I think he really believes that he can single handedly negotiate better prices and bring the overall cost down. Trump IS NOT a big corporation kind of guy. He's more of a small FAMILY BUSINESS kind of person. He has always kept his company privately owned and has been critical of people that make money off of money. He's a builder ... He makes stuff ... real stuff and the stock / debt game is not really his schtick. I think, deep down, he believes the publicly traded corporate game is a big scam and although he can't say it, he thinks he's smarter than they are.
He wants to BUILD STUFF and put a lot of people to work doing it. I think he's a lot more like Ike than any other President in terms of his thinking and goals.
Obviously, not in temperment.
-------------------- "The universe is endless, limitless and infinite. Any effort to define it's boundaries is an attempt to overcome ignorance. We are physical, mental and spiritual beings ... there is no beginning and there is no end. There is only memory. Our repeated loss of memory experiences create the illusion of beginnings and ends. Immortality is the ability to retain full memory through all consciousness transformations. Loss of memory is man's greatest curse and, in very real terms, death." -- Ancient Taoist Master
Edited by KauaiOrca (01/16/17 12:58 PM)
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Falcon91Wolvrn03
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Registered: 03/16/05
Posts: 32,557
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Re: Trump calls CNN fake news [Re: Webster10]
#24014662 - 01/16/17 01:02 PM (7 years, 12 days ago) |
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Quote:
Webster10 said:
Quote:
The Ecstatic said:
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Morel Guy said: Trump was given $200 million. I say he's a trust fund faggot.
Trump's rich daddy gave him a leg up on life, why do you think Webster identifies with him so much?
Because we both understand it's possible to acheive great things without starting rich and because scum with a victim mentality try to deligitamize our achievements because it makes them feel better to say "you're only that way cause you grew up rich."
It's FAR, FAR easier for someone who starts out rich to make their own fortune. This has been shown many times in this forum.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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KauaiOrca
Waterman

Registered: 08/12/08
Posts: 3,131
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Quote:
Falcon91Wolvrn03 said:
Quote:
Webster10 said:
Quote:
The Ecstatic said:
Quote:
Morel Guy said: Trump was given $200 million. I say he's a trust fund faggot.
Trump's rich daddy gave him a leg up on life, why do you think Webster identifies with him so much?
Because we both understand it's possible to acheive great things without starting rich and because scum with a victim mentality try to deligitamize our achievements because it makes them feel better to say "you're only that way cause you grew up rich."
It's FAR, FAR easier for someone who starts out rich to make their own fortune. This has been shown many times in this forum.
I would bet that the percentage of kids that inherit, let's say $5mm bucks or more and actually create a new company that grows to a value of >$100mm is very, very small. Most of the generational wealth that is passed on is often done through investment trusts where nothing new is actually created. A lot of studies have been done to illustrate how 2nd and 3rd generations, when they are brought in to run the company, have a strong tendency to ruin it and run it into the ground.
-------------------- "The universe is endless, limitless and infinite. Any effort to define it's boundaries is an attempt to overcome ignorance. We are physical, mental and spiritual beings ... there is no beginning and there is no end. There is only memory. Our repeated loss of memory experiences create the illusion of beginnings and ends. Immortality is the ability to retain full memory through all consciousness transformations. Loss of memory is man's greatest curse and, in very real terms, death." -- Ancient Taoist Master
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,362
Loc: 'Merica
Last seen: 58 minutes, 19 seconds
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Re: Trump calls CNN fake news [Re: KauaiOrca] 2
#24014816 - 01/16/17 01:55 PM (7 years, 12 days ago) |
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Quote:
KauaiOrca said:
Quote:
The Ecstatic said: Good points.
It seems to me that Obama saw his election as a mandate for social justice. The economics fell by the wayside, and we see what happens when you ignore such a glaring issue for a decade.
The real question is what is Trump's plan for inequality? He wants to kick 30 million people off their health insurance, and then tax them so he can build a wall which will accomplish zero of its intended goals.
Honestly, whats his plan for this? Is there one? Some vague infrastructure plan?
Being totally honest, I can't stand Trump and find him personally repulsive. Having said that, I don't think he truly wants to kick everyone off their health insurance. I think he really believes that he can single handedly negotiate better prices and bring the overall cost down. Trump IS NOT a big corporation kind of guy. He's more of a small FAMILY BUSINESS kind of person. He has always kept his company privately owned and has been critical of people that make money off of money. He's a builder ... He makes stuff ... real stuff and the stock / debt game is not really his schtick. I think, deep down, he believes the publicly traded corporate game is a big scam and although he can't say it, he thinks he's smarter than they are.
He wants to BUILD STUFF and put a lot of people to work doing it. I think he's a lot more like Ike than any other President in terms of his thinking and goals.
Obviously, not in temperment.
Truth be told, I'm much more wary of an emboldened GOP legislature than I am Trump. Its been my concern from day one. Its why I argued for the complete shithead of a person Hillary during the general. The country is much better served under a Democratic Congress and Senate. That won't be a reality until 2020 at the very least, barring some complete GOP meltdown. But yeah, I'm not too worried about Trump himself. Dog whistle rhetoric aside, he's a pretty liberal GOP president-elect.
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 1 day, 1 hour
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Quote:
The Ecstatic said:
Quote:
KauaiOrca said:
Quote:
The Ecstatic said: Good points.
It seems to me that Obama saw his election as a mandate for social justice. The economics fell by the wayside, and we see what happens when you ignore such a glaring issue for a decade.
The real question is what is Trump's plan for inequality? He wants to kick 30 million people off their health insurance, and then tax them so he can build a wall which will accomplish zero of its intended goals.
Honestly, whats his plan for this? Is there one? Some vague infrastructure plan?
Being totally honest, I can't stand Trump and find him personally repulsive. Having said that, I don't think he truly wants to kick everyone off their health insurance. I think he really believes that he can single handedly negotiate better prices and bring the overall cost down. Trump IS NOT a big corporation kind of guy. He's more of a small FAMILY BUSINESS kind of person. He has always kept his company privately owned and has been critical of people that make money off of money. He's a builder ... He makes stuff ... real stuff and the stock / debt game is not really his schtick. I think, deep down, he believes the publicly traded corporate game is a big scam and although he can't say it, he thinks he's smarter than they are.
He wants to BUILD STUFF and put a lot of people to work doing it. I think he's a lot more like Ike than any other President in terms of his thinking and goals.
Obviously, not in temperment.
Truth be told, I'm much more wary of an emboldened GOP legislature than I am Trump. Its been my concern from day one. Its why I argued for the complete shithead of a person Hillary during the general. The country is much better served under a Democratic Congress and Senate. That won't be a reality until 2020 at the very least, barring some complete GOP meltdown. But yeah, I'm not too worried about Trump himself. Dog whistle rhetoric aside, he's a pretty liberal GOP president-elect.
I fail to see much of a difference between a R or D Congressman, both are bought and paid for by similar interests.
Trump has a much opposition from the R's today as the D's, the Ryan's, McCain's and McConnell's of the world piss on every idea Trump has proposed.
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KauaiOrca
Waterman

Registered: 08/12/08
Posts: 3,131
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Re: Trump calls CNN fake news [Re: qman]
#24014852 - 01/16/17 02:06 PM (7 years, 12 days ago) |
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Quote:
qman said:
Quote:
The Ecstatic said:
Quote:
KauaiOrca said:
Quote:
The Ecstatic said: Good points.
It seems to me that Obama saw his election as a mandate for social justice. The economics fell by the wayside, and we see what happens when you ignore such a glaring issue for a decade.
The real question is what is Trump's plan for inequality? He wants to kick 30 million people off their health insurance, and then tax them so he can build a wall which will accomplish zero of its intended goals.
Honestly, whats his plan for this? Is there one? Some vague infrastructure plan?
Being totally honest, I can't stand Trump and find him personally repulsive. Having said that, I don't think he truly wants to kick everyone off their health insurance. I think he really believes that he can single handedly negotiate better prices and bring the overall cost down. Trump IS NOT a big corporation kind of guy. He's more of a small FAMILY BUSINESS kind of person. He has always kept his company privately owned and has been critical of people that make money off of money. He's a builder ... He makes stuff ... real stuff and the stock / debt game is not really his schtick. I think, deep down, he believes the publicly traded corporate game is a big scam and although he can't say it, he thinks he's smarter than they are.
He wants to BUILD STUFF and put a lot of people to work doing it. I think he's a lot more like Ike than any other President in terms of his thinking and goals.
Obviously, not in temperment.
Truth be told, I'm much more wary of an emboldened GOP legislature than I am Trump. Its been my concern from day one. Its why I argued for the complete shithead of a person Hillary during the general. The country is much better served under a Democratic Congress and Senate. That won't be a reality until 2020 at the very least, barring some complete GOP meltdown. But yeah, I'm not too worried about Trump himself. Dog whistle rhetoric aside, he's a pretty liberal GOP president-elect.
I fail to see much of a difference between a R or D Congressman, both are bought and paid for by similar interests.
Trump has a much opposition from the R's today as the D's, the Ryan's, McCain's and McConnell's of the world piss on every idea Trump has proposed.
It's not so much his ideas, it's his repulsive and bombastic style in which he communicates and bullies anyone that disagrees with him. Mature humans find this tactic unacceptable. That's what they're reacting to.
-------------------- "The universe is endless, limitless and infinite. Any effort to define it's boundaries is an attempt to overcome ignorance. We are physical, mental and spiritual beings ... there is no beginning and there is no end. There is only memory. Our repeated loss of memory experiences create the illusion of beginnings and ends. Immortality is the ability to retain full memory through all consciousness transformations. Loss of memory is man's greatest curse and, in very real terms, death." -- Ancient Taoist Master
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Falcon91Wolvrn03
Stranger



Registered: 03/16/05
Posts: 32,557
Loc: California, US
Last seen: 4 months, 20 days
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Re: Trump calls CNN fake news [Re: KauaiOrca] 1
#24014868 - 01/16/17 02:14 PM (7 years, 12 days ago) |
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Quote:
KauaiOrca said:
Quote:
Falcon91Wolvrn03 said: It's FAR, FAR easier for someone who starts out rich to make their own fortune. This has been shown many times in this forum.
I would bet that the percentage of kids that inherit, let's say $5mm bucks or more and actually create a new company that grows to a value of >$100mm is very, very small.
I would bet the number of $100mm companies started by people who had $5mm to invest is FAR, FAR, larger than the number of $100mm companies started by people who had nothing to invest.
Quote:
KauaiOrca said: Most of the generational wealth that is passed on is often done through investment trusts where nothing new is actually created. A lot of studies have been done to illustrate how 2nd and 3rd generations, when they are brought in to run the company, have a strong tendency to ruin it and run it into the ground.
CEOs that run their company into the ground still earn millions for doing so, while people who work for that company simply lose their jobs and get nothing.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
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Re: Trump calls CNN fake news [Re: KauaiOrca]
#24014875 - 01/16/17 02:15 PM (7 years, 12 days ago) |
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They have specifically responded negatively to his ideas on trade, tariffs, tax cuts and infrastructure spending, it had nothing to do with his immature behavior.
What people don't understand is that Congress and the people in power do NOT want real economic growth, they want low growth with no inflation.
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Falcon91Wolvrn03
Stranger



Registered: 03/16/05
Posts: 32,557
Loc: California, US
Last seen: 4 months, 20 days
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Re: Trump calls CNN fake news [Re: qman]
#24014897 - 01/16/17 02:24 PM (7 years, 12 days ago) |
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Quote:
qman said: What people don't understand is that Congress and the people in power do NOT want real economic growth, they want low growth with no inflation.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
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Quote:
Falcon91Wolvrn03 said:
Quote:
qman said: What people don't understand is that Congress and the people in power do NOT want real economic growth, they want low growth with no inflation.

Come on Falcon, you don't really think we ended up here economically by pure chance.
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hostileuniverse
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Re: Trump calls CNN fake news [Re: qman]
#24016108 - 01/16/17 10:32 PM (7 years, 12 days ago) |
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Falcon91Wolvrn03
Stranger



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Re: Trump calls CNN fake news [Re: qman]
#24016271 - 01/16/17 11:53 PM (7 years, 12 days ago) |
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We ended up where we are as a result of Reaganomics.
Nothing to do with slowing growth, nothing to do with limiting inflation.
Cut taxes for the rich, and screw everyone else as a result of a money shortage.
-------------------- I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them. I also attack my side if I think they're wrong. People here get very confused by that and think it means I prefer the other side.
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Le_Canard
The Duk Abides


Registered: 05/16/03
Posts: 94,392
Loc: Earthfarm 1
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They seem to have forgotten that a large middle class is a major driver of the economy in our consumer-driven markets.
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KauaiOrca
Waterman

Registered: 08/12/08
Posts: 3,131
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Re: Trump calls CNN fake news [Re: Le_Canard] 1
#24016540 - 01/17/17 04:39 AM (7 years, 12 days ago) |
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Quote:
Le_Canard said: They seem to have forgotten that a large middle class is a major driver of the economy in our consumer-driven markets.
BINGO!
-------------------- "The universe is endless, limitless and infinite. Any effort to define it's boundaries is an attempt to overcome ignorance. We are physical, mental and spiritual beings ... there is no beginning and there is no end. There is only memory. Our repeated loss of memory experiences create the illusion of beginnings and ends. Immortality is the ability to retain full memory through all consciousness transformations. Loss of memory is man's greatest curse and, in very real terms, death." -- Ancient Taoist Master
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ballsalsa
Universally Loathed and Reviled



Registered: 03/11/15
Posts: 20,814
Loc: Foreign Lands
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Re: Trump calls CNN fake news [Re: Le_Canard]
#24016775 - 01/17/17 08:43 AM (7 years, 12 days ago) |
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The game seems to have reached the stage where everyone just grabs for whatever they can and hopes that the system doesn't collapse on their watch.
--------------------
Like cannabis topics? Read my cannabis blog here
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qman
Stranger

Registered: 12/06/06
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Re: Trump calls CNN fake news [Re: Le_Canard]
#24016784 - 01/17/17 08:47 AM (7 years, 12 days ago) |
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Quote:
Le_Canard said: They seem to have forgotten that a large middle class is a major driver of the economy in our consumer-driven markets.
They know all about it, but when you have $20 trillion in Federal debt, $ 6 trillion in corporate debt, $5 trillion of State debt and $4 trillion of municipal debt, even a slight move higher in growth and inflation will make the ultra low rates to move higher, that will destroy trillions in the value of debt.
If interest rates move higher, the interest payments on the debt become unmanageable.
The US is trapped in a debt box, the rich own the debt and do NOT want to see it lose purchasing power, that's why they don't want to see real economic growth, they prefer this 1-2% growth with 0-1% inflation.
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Psychonott
Stranger

Registered: 12/28/16
Posts: 649
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Re: Trump calls CNN fake news [Re: qman]
#24016792 - 01/17/17 08:50 AM (7 years, 12 days ago) |
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They can hoard their purchasing power but soon that will be worthless as the worker bees get restless and organized.
Old school distractions and infiltrations are becoming more exposed and are no longer fooling many
-------------------- Enlils true purpose is to get us off topic and to cast enough logical doubts so that outsiders viewing this would be more likely to side with his fake opinions rather than our or sometimes controlled opppsotions opinions. You see if you are too skilled at not falling for their traps and stating logically sound debunks then other accounts who purposefully agree with 90% of the truth join in and get the entire topic off the main points. It's their 1960s version of damage control and diversion but man it's painfully obvious in 2017
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qman
Stranger

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Re: Trump calls CNN fake news [Re: Psychonott]
#24016806 - 01/17/17 08:57 AM (7 years, 12 days ago) |
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Quote:
Psychonott said: They can hoard their purchasing power but soon that will be worthless as the worker bees get restless and organized.
This is very true, it works until the peasants refuse to take it anymore or if they're forced to change economic policies.
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KauaiOrca
Waterman

Registered: 08/12/08
Posts: 3,131
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Re: Trump calls CNN fake news [Re: qman]
#24016809 - 01/17/17 08:58 AM (7 years, 12 days ago) |
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Quote:
qman said:
Quote:
Le_Canard said: They seem to have forgotten that a large middle class is a major driver of the economy in our consumer-driven markets.
They know all about it, but when you have $20 trillion in Federal debt, $ 6 trillion in corporate debt, $5 trillion of State debt and $4 trillion of municipal debt, even a slight move higher in growth and inflation will make the ultra low rates to move higher, that will destroy trillions in the value of debt.
If interest rates move higher, the interest payments on the debt become unmanageable.
The US is trapped in a debt box, the rich own the debt and do NOT want to see it lose purchasing power, that's why they don't want to see real economic growth, they prefer this 1-2% growth with 0-1% inflation.
I hear what you're saying, but it's hard for me to believe that any coordinated group is trying to somehow engineer what you're talking about. In terms of QE and ZIRP, that would suggest a strong effort to inflate the economy ... seriously, nothing that aggressive has ever happened.
I think it's Four things:
1 - 08/09 inflicted a lot more damage than most realize and the after effects are still with us 2 - Technology plus globalization plus cheap labor has dramatically squeezed the middle class 3 - Lower taxes over decades have caused a huge wealth shift 4 - The era of electro sparko currency and electro digit trading enables the conversion of debt into personal assets in a way that is simply parabolic. You don't really need to make a product anymore to become a billionaire. That wasn't as true in the past. Now, just knowing how to interact with all the electro digits can create ultra wealth very quickly.
WHO the people might be that are engineering this is, to me, a total mystery because a lot of the people with the real wealth are competing like MOFO's against one another to get more of it.
-------------------- "The universe is endless, limitless and infinite. Any effort to define it's boundaries is an attempt to overcome ignorance. We are physical, mental and spiritual beings ... there is no beginning and there is no end. There is only memory. Our repeated loss of memory experiences create the illusion of beginnings and ends. Immortality is the ability to retain full memory through all consciousness transformations. Loss of memory is man's greatest curse and, in very real terms, death." -- Ancient Taoist Master
Edited by KauaiOrca (01/17/17 09:00 AM)
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