Author Topic: Obstruction of Justice?  (Read 944 times)

Parsad

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Re: Obstruction of Justice?
« Reply #10 on: October 08, 2019, 05:00:26 PM »
I love the Trump inherited a lot of money and oh he could have done better just buying an index or whatever argument. Look at how many people here can’t even hit the broad side of a barn when it comes to investing. Let alone matching an index. Doing what he s done is impressive anyway one cuts it if they are being honest. Sure some could do better, but I guarantee the majority wouldnt have. What

You think 8% annualized since 1990 is good?  Considering how much leverage he used and how much money he started with...really, be honest, you know it sucks!  This guy is no business wizard with a bigly brain...he's a tax cheat, who created a fantastic brand, and then got lucky that he didn't lose everything with all of the leverage he used.  That's the honest truth...you know that Greg!
 Cheers!
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cubsfan

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Re: Obstruction of Justice?
« Reply #11 on: October 08, 2019, 05:04:29 PM »
Obama destroyed the party by taking it so far left. Barrack was a charismatic and likable - really, really likable.
People loved Obama, the Media loved Obama -  Barrack was a HISTORIC figure.
Obama could get away with stuff - policy mistakes AND his identity politics.

The thing is - NONE of this transfers to ANYONE in the Democratic Party - None of it.
The leading candidates are not likable. Joe Biden is likable - but not radical enough for a party driven to the LEFT by the Progressive movement.

What worked for Obama will not work for these candidates - therefore the party is toast.

Their best chance of getting control is impeachment.

Gregmal

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Re: Obstruction of Justice?
« Reply #12 on: October 08, 2019, 05:14:45 PM »
I love the Trump inherited a lot of money and oh he could have done better just buying an index or whatever argument. Look at how many people here can’t even hit the broad side of a barn when it comes to investing. Let alone matching an index. Doing what he s done is impressive anyway one cuts it if they are being honest. Sure some could do better, but I guarantee the majority wouldnt have. What

You think 8% annualized since 1990 is good?  Considering how much leverage he used and how much money he started with...really, be honest, you know it sucks!  This guy is no business wizard with a bigly brain...he's a tax cheat, who created a fantastic brand, and then got lucky that he didn't lose everything with all of the leverage he used.  That's the honest truth...you know that Greg!
 Cheers!

I don’t think it is great...but it’s not like most make it out to be when they casually blow it off. You’ve seen with PDH this happens to be the case, no? He turned a million from dad in the 60s into a few billion. Hardly a “any idiot could have done that” scenario.

Parsad

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Re: Obstruction of Justice?
« Reply #13 on: October 08, 2019, 05:20:03 PM »
Obama destroyed the party by taking it so far left. Barrack was a charismatic and likable - really, really likable.
People loved Obama, the Media loved Obama -  Barrack was a HISTORIC figure.
Obama could get away with stuff - policy mistakes AND his identity politics.

The thing is - NONE of this transfers to ANYONE in the Democratic Party - None of it.
The leading candidates are not likable. Joe Biden is likable - but not radical enough for a party driven to the LEFT by the Progressive movement.

What worked for Obama will not work for these candidates - therefore the party is toast.

Their best chance of getting control is impeachment.

Like Biden presently, Obama wasn't anywhere near the left...he was actually more of a centrist in terms of economic policy, monetary policy, national security and even immigration, as more illegal immigrants were returned under his watch than any other until Trump.  Many of Obama's actions, other than Obamacare, were in line with George W. Bush's policies.  It's Trump who has gone not only completely off the Republican playbook, but off the rails altogether. 

Everyone likes to put the blame on Obama, but alot of it had to do with the same problems Dubya and Trump also face...Congress and Senate that have opposing views and opposing control.  Cheers!
No man is a failure who has friends!

cwericb

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Re: Obstruction of Justice?
« Reply #14 on: October 08, 2019, 05:55:55 PM »
“William Barr is no patsy,”
But that is EXACTLY what he is, Trump’s personal Patsy. How many times has Trump shown he won’t have anyone working for him that he feels isn’t 100% loyal to him personally.

“... destroy Barrack's legacy for good”
What is with this obsession with Obama? Let it go, it is the past. How about concentrating on the future?

“Funny how you are so adamant for sticking up for a guy that divided the country so much on racial grounds.”
Not sure if this is directed at me but I am not, nor have I been sticking up for anyone. Again, time to move on.

“I love the Trump inherited a lot of money and oh he could have done better just buying an index or whatever argument.”
Well you have to admit that no one really has any idea as to how much he really has and how much he doesn’t. And as far as real estate is concerned, from my personal experience all I can say is that real estate is a far, far easier way to make money than investing on the markets. If you inherited six hundred million in NY real estate in the ‘70s and weren’t a multi billionaire by now you would have to be pretty dumb.

“He turned a million from dad in the 60s into a few billion.”
A million???  You really, really need to check your facts

“Obama didn't divide the country.”
Yes, the country was divided long before Obama.
« Last Edit: October 08, 2019, 05:57:50 PM by cwericb »
Politicians and diapers must be changed often, and for the same reason. - Mark Twain

Parsad

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Re: Obstruction of Justice?
« Reply #15 on: October 08, 2019, 07:00:17 PM »
I love the Trump inherited a lot of money and oh he could have done better just buying an index or whatever argument. Look at how many people here can’t even hit the broad side of a barn when it comes to investing. Let alone matching an index. Doing what he s done is impressive anyway one cuts it if they are being honest. Sure some could do better, but I guarantee the majority wouldnt have. What

You think 8% annualized since 1990 is good?  Considering how much leverage he used and how much money he started with...really, be honest, you know it sucks!  This guy is no business wizard with a bigly brain...he's a tax cheat, who created a fantastic brand, and then got lucky that he didn't lose everything with all of the leverage he used.  That's the honest truth...you know that Greg!
 Cheers!

I don’t think it is great...but it’s not like most make it out to be when they casually blow it off. You’ve seen with PDH this happens to be the case, no? He turned a million from dad in the 60s into a few billion. Hardly a “any idiot could have done that” scenario.

It wasn't a million...more like $1M in 1960, then financings/loans/investment partners/political contacts, then $20M, more financings from his father, loans, etc, then $100M.  That's a hell of a start and support system.  Plus all of the tax evasion, non-payment of bills, bankruptcies, collections and offshore accounts.  Cheers!
No man is a failure who has friends!

Read the Footnotes

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Re: Obstruction of Justice?
« Reply #16 on: October 08, 2019, 07:36:54 PM »
It wasn't a million...more like $1M in 1960, then financings/loans/investment partners/political contacts, then $20M, more financings from his father, loans, etc, then $100M.  That's a hell of a start and support system.  Plus all of the tax evasion, non-payment of bills, bankruptcies, collections and offshore accounts.  Cheers!
Don't forget to adjust for inflation. $1 million becomes more like $9 million today. I wish someone would would give a small gift of $9 million dollars.

And don't forget, the non-payment continues. He was probably just joking about not paying his bills, though.
https://www.politico.com/news/2019/10/08/trump-rallies-unpaid-bills-039631

RuleNumberOne

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Re: Obstruction of Justice?
« Reply #17 on: October 08, 2019, 07:47:32 PM »
The only laws broken in the last few months are the one against fraud.

"Send me $25 every month and I will get rid of your student loans.
 Send me $25 every month and I will pay you $200 more every month to sit around in diners."

Sad.

Gregmal

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Re: Obstruction of Justice?
« Reply #18 on: October 08, 2019, 07:51:58 PM »
LOL, ok inflation adjusted it was $9 million... I guess like 75% of the people on this board will be billionaires in 30-40 years or so...no biggie

Sanjeev should we all be so harsh on you when PDH or one of its subsidiaries files? Or should we understand how business management works?

LC

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Re: Obstruction of Justice?
« Reply #19 on: October 08, 2019, 08:05:36 PM »
Greg, you aren't comparing like with like. For example, has PDH been operating for 50 years for which you can compare to Trump's empire? No, it has not.

On Trump's "business acumen": He bankrupted a CASINO. You have to be a special kind of crook or idiot to screw up a literal money mint.
"Lethargy bordering on sloth remains the cornerstone of our investment style."
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