GrahamS - Member
Well yes, they have $861 billion in assets and 38,400 employees.I imagine they feed quite a lot of people.
You think Trump is going to shut down Goldman Sachs??
The world population is about 7 billion so what percentage is that they are exploiting to feed the few?
Nobody can do that alone against such powerful institution but you never know.
Goldman Sachs et al. They feed the alligators
You do know that Trump has s very good relationship with bankers, they've finances many of his business and he's using ex bankers including ex Goldman Sachs in his team to run the country?
Yes, he does know them but so are most business or non-business people. Yes, the current administration is full of Goldman's people ... or feed by them ...kimbers - Member
You do know that Trump has s very good relationship with bankers, they've finances many of his business and he's using ex bankers including ex Goldman Sachs in his team to run the country?
Um what, you even sound like trump now.
I thought Trump's "drain the swamp" rhetoric was mainly about removing power from lobbyists and special interests groups (which I sort of support actually, though I suspect that he and I would disagree on which lobbyists are the problem!)
Did he ever say anything in his campaign about shutting down Goldman Sachs?
GrahamS - MemberI thought Trump's "drain the swamp" rhetoric was mainly about removing power from lobbyists and special interests groups (which I sort of support actually, though I suspect that he and I would disagree on which lobbyists are the problem!)
Did he ever say anything in his campaign about shutting down Goldman Sachs?
Ya, part of the drain the swamp exercise is to get rid of those lobbyists who are feed by Sachs etc ... Not shutting them down but keep them at bay.
Yes, there is disagreement hence the ones you support are out while the new ones in.(which I sort of support actually, though I suspect that he and I would disagree on which lobbyists are the problem!)
@paton that looks interesting, watched the first 7 mins but it's 2 hours. Do you have a summary ?
Whether Trump got less votes than McCain or Romney is irrelevant, he got less votes than Hillary and won. This is exactly what Trump means by being smart. He won. He won by understanding the system and he won like that old joke about not having to run faster than a bear just faster than your friend.
What I think is that Trump is actually going to do ok, no worse than Obama and certainly no worse than G W Bush.
What I think is that Trump is actually going to do ok, no worse than Obama and certainly no worse than G W Bush.
mmmm, optimistic. I am thinking no worse than Hitler.
I am thinking its impossible to tell as the only certainty is he will be very divisive internally and incredibly toxic outside the Us of A
His idea to be president and run his company is nuts on so many levels
He's said 50% in Manhattan 50% in DC 😆
Its almost as though he doesn't have a clue !
I thought Trump's "drain the swamp" rhetoric was mainly about removing power from lobbyists and special interests groups
I wonder if he will include the NRA?
I thought Trump's "drain the swamp" rhetoric was mainly about removing power from lobbyists and special interests groups
Don't forget those crazy ****s otherwise known as pro-lifers
What I think is that Trump is actually going to do ok,
I think it kinda depends which version of Trump we actually get.
Of course Not coz that would be foolish.slowoldman - Member
I thought Trump's "drain the swamp" rhetoric was mainly about removing power from lobbyists and special interests groups
I wonder if he will include the NRA?
However, everyone will definitely support him for going after ghost guns.
I bet that is very low down on list of priority.somafunk - Member
Don't forget those crazy **** otherwise known as pro-lifers
He will do okay if not better.GrahamS - Member
What I think is that Trump is actually going to do ok,
I think it kinda depends which version of Trump we actually get.
My hope is that any legislation aimed to remove the lobbyist groups that his Alt Right fans disapprove of (e.g. civil liberties, equality and environmental lobby groups) will also limit other lobby groups like the NRA, pro-lifers, etc
That would be interesting. 😀
yeah looking out for the little guy
President Donald Trump is set to give America’s richest 1% an average annual tax cut of $214,000 when he takes office, while more than eight million families with children are expected to suffer financially under his proposed tax plan.On the eve of the election, Trump promised to “massively cut taxes for the middle class, the forgotten people, the forgotten men and women of this country, who built our country”. But independent expert analyses of Trump’s tax plan show that America’s millionaire and billionaire class will win big at the expense of struggling low- and middle-income people, who turned out in large numbers to help the real estate billionaire win the election.
Experts warn that Trump’s tax plan will exacerbate America’s already chronic income inequality and herald in a “new era of dynastic wealth”.
chewk you and millions of americans are in for a big dissapointment
Ya, but the article is written by the guardian. 😆kimbers - Member
chewk you and millions of americans are in for a big dissapointment
The only lobbyist groups that should be removed are those defined by the new administration as against the people of Merica whatever or whoever they are.GrahamS - Member
[url= http://www.rawstory.com/2016/11/facebook-bans-retired-navy-officer-for-criticizing-actual-****ing-nazis/ ]Trumps Amreica[/url]
So only lobbyists promoting fossil fuels, guns and tobacco I imagine, stuff that's good for America.....
So only lobbyists promoting fossil fuels, guns and tobacco I imagine, stuff that's good for America.....
If they poison, shoot and smoke themselves to death. What can I say? What can I say?
you can check out the source chewk, but it is written by an expert so you may not approve 😉
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2842802
this popped up on my ipod today
sadly very apt for Trumpworld
just coz clint mansell is all about respectability and oscars today, he was quite prescient 20 years ago!
Listen to the victim, abused by the system
The basis is racist, you know that we must face this.
"It can't happen here". Oh yeah?
"Take a look around at the cities and the towns."See them hunting, creeping, sneaking
Breeding fear and loathing with the lies they're speaking
The knife, the gun, broken bottle, petrol bomb
There is no future when the past soon come.And when they come to ethnically cleanse me
Will you speak out? Will you defend me?
Or laugh through a glass eye as they rape our lives
Trampled underfoot by the right on the rise[CHORUS}
"You owe us..."
Ich Bin Ein Auslander
"You owe us... EVERYTHING"
Ich Bin Ein Auslander
"You owe us..."
Ich Bin Ein Auslander
"You owe us... EVERYTHING"
Ich Bin Ein AuslanderWelcome to a state where the politics of hate
Shout loud in the crowd "Watch them beat us all down"
There's a rising tide in the rivers of blood
But if the answer isn't violence, neither is your silenceIf they come to ethnically cleanse me
Will you speak out? Will you defend me?
Freedom of expression doesn't make it alright
Trampled underfoot by the rise of the right[CHORUS]
Ich Bin Ein Auslander.
Ich Bin Ein Auslander.
Ich Bin Ein Auslander.
Ich Bin Ein Auslander.
Ich Bin Ein Auslander.
Ich Bin Ein Auslander.
Ich Bin Ein Auslander.
Ich Bin Ein Auslander.
The only lobbyist groups that should be removed are those defined by the new administration as against the people of Merica whatever or whoever they are.
Well that isn't what he has said chewkw.
He said that ALL registered state and federal lobbyists are banned from serving on his team and that he will introduce a five year ban on people in administration becoming lobbyists after they leave.
Interesting paper, thanks. Firstly I don't why the NY Law School is writing papers on tax ? Secondly do they have the final details of the proposals, I would imagine Trump and his team have far from finalised the plan ? Thirdly (and related) here is a quote from page 14
Finally, the Trump campaign stated that “Trump will instruct the committees writing his plan into law to make sure that it does not raise taxes on any low- or middle-income earners.”
Enjoyed the song. Released in 1994 so the right didn't take over in last 20 years and there was no ethnic cleansing, more of the opposite if anything.
. Released in 1994 so the right didn't take over in last 20 years and there was no ethnic cleansing,
indeed
so its no time to drop our guard down now
Give it time Jambas, they're just getting warmed up.
Poppies, bit shit really.
This is the guy that people are sticking up for:
This is interesting
[url= http://www.bbc.co.uk/programmes/b083h0tp ]As the dust settles on America's most controversial election, BBC Radio 4 asks five writers to give their view on where America goes now.
In this programme, the journalist and author Andrew Sullivan gives his verdict on why Hillary Clinton lost the election.
He argues that she was - from the start - unelectable.
Producer: Adele Armstrong.
[/url]
"Released in 1994 so the right didn't take over in last 20 years and there was no ethnic cleansing, more of the opposite if anything"
Maybe the song should have been "Cry Wolf".
Had Trump invested his inheritence ($40m) in the S&P500 in 1975 he would now be worth $226m assuming he never had to pay any tax. SP 375 to 2130 today
And if he'd put it in the bank and got 5% a year - $295m. 7% would have been $640m.
That's odd, this calculator has his 'would be' worth at 3 billion dollars in 2013 using the S&P.
http://www.bankrate.com/finance/investing/historical-returns-investing-calculator.aspx
I'm not quite sure about Clinton being "unelectable".
Jambalaya, every article that calculates how much he would have been worth if he'd understand say 3 billion upwards, how do you get your figures?
I think just using the index itself as a guide but not including dividends and their reinvestment in the fund.
[quote=akira ]Jambalaya, every article that calculates how much he would have been worth if he'd understand say 3 billion upwards, how do you get your figures?
he makes them up whilst ignoring the data and research.
Why do you need to ask?
Not dinner time yet and nothing on TV so I'm poking the bear. Bit like pulling of a scab, I know I shouldn't as underneath it's raw and unpleasant but I can't help it.
@martin the index itself includes dividend reinvestment - all indices work that way - the day a stock pays a dividend it's reinvested in the index itself at the daily close. I looked up the S&P 500 (ie largest 500 US companies and what is commonly known as THE S&P index. Your link references something else compiled by a Harvard Professor inc lots of smaller cap companies ? Maybe that index went up another 10x ?). This is what I used 375 to 2130 on $40m
http://www.macrotrends.net/2324/sp-500-historical-chart-data
@Junky if I may say so you are heading in a direction likely to end in a bad place from your perspective, asuming you like contributing here that is.
Final Result (barring Green Party challenge) - first Republican to win Michigan since 1988
Trump 306
Clinton 232
That's a landslide and he won substantially less votes, he really was smart at understanding and maximising the system.
Sky News summary piece was interesting I thought
Had Trump invested his inheritence ($40m) in the S&P500 in 1975 he would now be worth $226m assuming he never had to pay any tax. SP 375 to 2130 today
I must have read a different article when I posted his S&P wealth calculator a few days ago, but hey, what does the internet know?
How's the Wisconsin recount going? I assume that The Doughnut is fully behind this, given that his dummy was practically spat when the thought he was losing.
Jambalaya, can I just clarify that you're threatening junky might get banned if he keeps on disagreeing with your 'facts'? I'm all for heated debate but if you can't take criticism then don't talk politics on the internet.
I am more than happy to have a lively debate although to be honest I don't' read much JY posts so I debate with him directly very very rarely these days
he makes them up whilst ignoring the data and research.Why do you need to ask?
This isn't debating (similar on other threads recently) and he's been banned in the past for similar years before I even joined the site (he has never been reported by me) .. I was just trying to be helpful
@captain and @martin yes agreed those calculators and others show much higher cumulative returns and all of them reference the same professor's work. Indeed what I did may be too simplistic but the results are wildly different - to trun $40 into $4bn you need a cumulative return of about 12.5% after any tax and if you are trading stocks and taking dividends there are very substantial taxes.
to trun $40 into $4bn you need a cumulative return of about 12.5%
Plus of course you need to live on fresh air and sleep in a ditch - after all, you can't buy food with reinvested dividends.
Edit: or for that matter live in a gold skyscraper and marry a sports illustrated swimwear model twenty five years your junior.
he really was smart at understanding and maximising the system.[list]
I think he has been very good at telling many lies to many different people
and because he did it in an unconventional way hes made more people believe him
even though he has no intention or ability to go through with so many of his 'pledges'
eg
-locking up hillary - nope
-building a wall - maybe a fence now
-deporting all the illegal mexicans- impossible
-draining the swamp - by appointing lots of lobbyists and career republicans he had denounced
-ending obamacare - he doesnt mind it now
-destroy ISIS in his first 30 days - 🙄
-end globalisation - good luck with that
- massive infrastructure spend - the republican congress will shit the bed over that one
a huge range of promises on trade and international relations, that are far more complicated than hed like to pretend
the lowest fact check rating for any politician !!
all these soundbites promising everything to everyone is how he got lifelong democrats to vote for him in the rust belt and has neo-nazis saluting him in DC
Hes just a con man, a 'reality' TV star thats perfect fit for the post-truth politics we see today
Don't forget those crazy **** otherwise known as pro-lifers
Mike Pence is Pro life to the point of even making noises about making abortions illegal regardless of the circumstances. So they will be in the crazy position where even if a Doctor needs to abort a fetus to save a woman's life, they run the risk of going to jail.
Best way I've heard this summed up and applies to the UK as well, due to our electoral choices is that we are now having to make choices between the abhorrent, the despicable and the outright evil.
