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Rocket

It says it doesn't want poor people in charge of the economy

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21 minutes ago, bornontheblue said:

Well, 

I would rather have somebody in charge who has actually accomplished something with their life. 

Poor people should probably be focusing on getting their life together. 

 

 

So, not worth at least 9 figures is poor?

Hmm

Remember that every argument you have with someone on MWCboard is actually the continuation of a different argument they had with someone else also on MWCboard. 

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1 hour ago, bornontheblue said:

Well, 

I would rather have somebody in charge who has actually accomplished something with their life. 

Poor people should probably be focusing on getting their life together. 

 

 

Does having a group of fanatics that think you do no wrong count as "accomplishing something" when his only accomplishment was somehow losing money in an Atlantic City casino?

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1 hour ago, son of a gun said:

Does having a group of fanatics that think you do no wrong count as "accomplishing something" when his only accomplishment was somehow losing money in an Atlantic City casino?

He would've made more money by just putting his inheritance in an index fund.

On 12/1/2016 at 12:26 PM, WyomingCoog said:

I own a vehicle likely worth more than everything you own combined and just flew first class (including a ticket for a 2 1/2 year old), round trip to Las Vegas and I'm not 35 yet. When you accomplish something outside of finishing a book, let me know. When's the last time you saw a 2 year old fly first class in their own seat? Don't tell me about elite.  

28 minutes ago, NorCalCoug said:

I’d happily compare IQ’s with you any day of the week.

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3 hours ago, son of a gun said:

Does having a group of fanatics that think you do no wrong count as "accomplishing something" when his only accomplishment was somehow losing money in an Atlantic City casino?

You don't become a billionaire without major accomplishments along the way. Also in the early 90's a lot of property lost value, and most Casinos were hemorrhaging money in Atlantic City. 

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Just now, Joe from WY said:

Unless you get lucky or inherit the money. 

From what I understand Trump borrowed a million from his father and made his fortunes in the 80s before he had an inheritance. 

I have never heard of anyone borrowing a million dollars and through dumb luck becoming a billionaire. 

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Just now, bornontheblue said:

From what I understand Trump borrowed a million from his father and made his fortunes in the 80s before he had an inheritance. 

I have never heard of anyone borrowing a million dollars and through dumb luck becoming a billionaire. 

That is the fiction he is selling. He was running his dad's company worth over $200 million dollars by the early 70's. It's not like he was down to his last million. 

We’re all sitting in the dugout. Thinking we should pitch. How you gonna throw a shutout when all you do is bitch.

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28 minutes ago, bornontheblue said:

You don't become a billionaire without major accomplishments along the way. Also in the early 90's a lot of property lost value, and most Casinos were hemorrhaging money in Atlantic City. 

I'm not sure that "already having hundreds of million in real estate" is a major accomplishment.

For that matter, I'm not sure that accomplishments that make you billions are accomplishments that translate into effecting good policy, or attempting to forge a consensus of politically powerful people who, in aggregate, are far more powerful than our lone chief executive.

Furthermore, I'm not sure that making millions in the stock market is an accomplishment that translates to setting policy that positively affects the hundreds of millions of people whose futures are more tied to their wages than investments. 

Remember that every argument you have with someone on MWCboard is actually the continuation of a different argument they had with someone else also on MWCboard. 

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So instead of a billionaire who has at least talked with bankers and business people in the economy.   In Trumps case the worst you can say is he turned millions into Billions.

 

Instead you think we should put a poor person in charge of the economy who despite all the opportunities to become at least a millionaire without any real effort.  Has remained poor?  Anyone who has remained "poor", in the united states with all its opportunities either has had some massive bad luck with health problems or is an idiot who shouldn't be in charge of anything.

 

You might say being a billionaire doesn't translate into running an economy and I might agree.  Certainly though you have to admit being poor doesn't translate either?

 

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2 hours ago, bornontheblue said:

You don't become a billionaire without major accomplishments along the way. Also in the early 90's a lot of property lost value, and most Casinos were hemorrhaging money in Atlantic City. 

True - this was the era Trump was on the ropes, declaring multiple bankruptcies & stiffing banks / firms / people on a regular basis (one of the reasons no serious law firm will touch him cause he doesn't pay his bills) 

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1 hour ago, happycamper said:

I'm not sure that "already having hundreds of million in real estate" is a major accomplishment.

For that matter, I'm not sure that accomplishments that make you billions are accomplishments that translate into effecting good policy, or attempting to forge a consensus of politically powerful people who, in aggregate, are far more powerful than our lone chief executive.

Furthermore, I'm not sure that making millions in the stock market is an accomplishment that translates to setting policy that positively affects the hundreds of millions of people whose futures are more tied to their wages than investments. 

Bernie Madoff made big $$ in the stock markets and he ran a pure scam............getting rich via Wall Street doesn't require massive smarts, a good % of the time it requires a conscious effort to screw as many people as possible via legal and sometimes illegal means 

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6 minutes ago, UNLV2001 said:

Bernie Madoff made big $$ in the stock markets and he ran a pure scam............getting rich via Wall Street doesn't require massive smarts, a good % of the time it requires a conscious effort to screw as many people as possible via legal and sometimes illegal means 

How do you screw someone in the stock market via legal means?

We’re all sitting in the dugout. Thinking we should pitch. How you gonna throw a shutout when all you do is bitch.

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1 minute ago, thelawlorfaithful said:

How do you screw someone in the stock market via legal means?

It can be done, I will let you look into it - Romney was doing that ..........and it's not just him, it's others who use the market and companies as pawns while the little guys get the shaft - Capitalism at it's finest & purest ! 

Image result for romney money photo

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7 minutes ago, UNLV2001 said:

It can be done, I will let you look into it - Romney was doing that ..........and it's not just him, it's others who use the market and companies as pawns while the little guys get the shaft - Capitalism at it's finest & purest ! 

Image result for romney money photo

You're full of it.

We’re all sitting in the dugout. Thinking we should pitch. How you gonna throw a shutout when all you do is bitch.

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For anybody to be able to become a real estate mogul, lose most of it in bankruptcy, and then rebuild yourself again even wealthier than before requires a brain cell or two upstairs. 

The vast majority of the time,  the people that make their fortunes in business or investing do so in an ethical and legal manner. Warren Buffet comes to mind. 

It is a myth that the Democrats use to agitate class strife, in that  wealthy people become rich by screwing grandma's and orphans out of their money.  The democrats gotta keep their people agitated to get them to the polls on election day. 

 

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Guest RoscoesDad
21 minutes ago, bornontheblue said:

For anybody to be able to become a real estate mogul, lose most of it in bankruptcy, and then rebuild yourself again even wealthier than before requires a brain cell or two upstairs. 

The vast majority of the time,  the people that make their fortunes in business or investing do so in an ethical and legal manner. Warren Buffet comes to mind. 

It is a myth that the Democrats use to agitate class strife, in that  wealthy people become rich by screwing grandma's and orphans out of their money.  The democrats gotta keep their people agitated to get them to the polls on election day. 

 

No it doesn't.   All it takes is a decent bankroll and the ability to afford a good CPA and BK attorney, which ironically, rich people can afford.  

You think Donald Trump is a smart businessman instead of a rip-off artist con man who has screwed over hundreds if not thousands of his contractors.  LMFAO.  What a bunch of rubes you people are.  You think Trump is for the 'little guy' meanwhile he's spent his entire career ripping off and getting rich off the little guy.  Buy a clue brother.

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1 hour ago, RoscoesDad said:

No it doesn't.   All it takes is a decent bankroll and the ability to afford a good CPA and BK attorney, which ironically, rich people can afford.  

You think Donald Trump is a smart businessman instead of a rip-off artist con man who has screwed over hundreds if not thousands of his contractors.  LMFAO.  What a bunch of rubes you people are.  You think Trump is for the 'little guy' meanwhile he's spent his entire career ripping off and getting rich off the little guy.  Buy a clue brother.

You are an idiot and a poster child for why the poor shouldn't be allowed to run the economy because you lack even basic knowledge.

Trump did not screw over contractors they signed contracts and didn't complete them or they would have been paid.  A contractor has the ultimate hammer of a mechanics lien so anyone who Trump didn't pay probably didn't do the job.

Everyone in the early 90's and late 80's in real estate almost went broke.  Reagan changed the tax laws and made them retroactive destroying a whole way of doing business.  It was a disaster but again a moron like you has no idea.

If there ever was a reason for the poor not being put in charge, your ignorance is a primo example.

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15 hours ago, RoscoesDad said:

No it doesn't.   All it takes is a decent bankroll and the ability to afford a good CPA and BK attorney, which ironically, rich people can afford.  

You think Donald Trump is a smart businessman instead of a rip-off artist con man who has screwed over hundreds if not thousands of his contractors.  LMFAO.  What a bunch of rubes you people are.  You think Trump is for the 'little guy' meanwhile he's spent his entire career ripping off and getting rich off the little guy.  Buy a clue brother.

I am a CPA and I have seen people with a "decent bankroll" piss it all away because of stupid decisions.  I also serve a lot of wealthy clients who made their money ethically and responsibly. I also see how much these wealthy people give away every year. I have seen rich people give away more in one year than you probably make in 10 years. 

We should be celebrate people who have achieved financial success , including President Trump. America needs more people that are financially successful. 

 

 

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