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Politics and Religion

Brain. Dead. It is.
zenshouse 68 Reviews 30 reads
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What do you think comes first, higher costs or higher pay? Don’t worry, I will answer for you. It’s cost every single time. That’s inflation. So, when you have the same amount of money and your dick boss doesn’t want to give you a raise, what do you think happens? I will answer this too. You have to buy less. But why zeel, why? Because inflation can make how much things cost you go up quickly. But it doesn’t make the money in your hand worth more. It actually makes it worth less. But why? Fester no understand. Well you see, when that dollar was enough for that candy bar, but now you need 1.5 of them for the same candy bar, that dollar isn’t worth as much. Our money is only worth as much as it can buy.

 
Then there is this thing called capitalism where the rich get richer and the poor get poorer. Compression happens when the pay for those at the bottom is moving so slow, that the minimum wage often by force of the government hets raised. But no it gets too close to those who manage minimum wage workers. So, companies now feel forced to also raise the pay of managers. But Joe owner and Jane CEO don’t want to lose money either. So they raise prices to make sure they are still rich as fuck.

 
Meanwhile, Mr, Inflation keeps going up. And did I forget to tell you? Many employees didn’t get a pay bump because as it turns out, compression didn’t reach them. But this is likely middle managers.  

 
While this is happening money seems to be disappearing faster than usual. Why you ask? I got you again. Well, when you have the same amount of money but things cost more, your money doesn’t last as long.

 
All these money problems starts to create fear. When people are financially scared, they slow down spending. Spending less is bad for the economy. Bad for the economy is bad for stocks. Bad for stocks mean stocks go down. Inflation means stocks go down.

 
Now Fester, before you look any stupider, please read. No not Twitter. Like google what I am saying. Please try to learn something.

Hpygolky336 reads

Is his DJT stock plummeting ? It started at 79 and looks headed below 20 soon.The Dow , under Harris’ rise in the poll is now close to  41K., and rising..,When you think about it, it really shouldn’t surprise anyone … the guy did bankrupt a casino😂😂

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coeur-de-lion44 reads

of the return of inflation and more devaluation of the dollar under a Harris administration.  Markets move on anticipation, not reaction.  

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lester_prairie40 reads

Markets go up due to inflation, everything goes up due to inflation, except purchasing power.

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zenshouse36 reads

My man. You're ass backwards wrong. Inflation historically hurts, not helps, the stock market. Now, if the economy booms, then yes the market goes up. But that is not inflation.

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lester_prairie30 reads

Inflation is the dilution of the value of money by the increase in the printing of unbacked money -- created out of thin air.  
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All prices go up to compensate for the loss. This includes the price of stocks.
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Stock prices go up during inflation.  Their value may or may not go up, but the price, on average, does go up.
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Otherwise everyone would dump stocks since their value would not be keeping up with inflation.

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inicky4636 reads

Inflation has many causes, dimwit.
Fester would not pass Economics 101.

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lester_prairie38 reads

False. Money supply is controlled by the Federal Reserve. Any other source would be counterfeit.  The Fed creates money and is the sole source.

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zenshouse36 reads

But instead you rambled. I was sharing facts, not opinions. Inflation historically lowers the value of stocks. The short term reaction to stocks losing value is fear, which means people are selling. When people are selling, stocks go down. Now long term if the economy is good, stocks good bounce back and then some. But your simple mind makes it sound like inflation automatically makes stocks go up. Wrong.

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lester_prairie39 reads

Inflation makes everything go up.

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zenshouse31 reads

What do you think comes first, higher costs or higher pay? Don’t worry, I will answer for you. It’s cost every single time. That’s inflation. So, when you have the same amount of money and your dick boss doesn’t want to give you a raise, what do you think happens? I will answer this too. You have to buy less. But why zeel, why? Because inflation can make how much things cost you go up quickly. But it doesn’t make the money in your hand worth more. It actually makes it worth less. But why? Fester no understand. Well you see, when that dollar was enough for that candy bar, but now you need 1.5 of them for the same candy bar, that dollar isn’t worth as much. Our money is only worth as much as it can buy.

 
Then there is this thing called capitalism where the rich get richer and the poor get poorer. Compression happens when the pay for those at the bottom is moving so slow, that the minimum wage often by force of the government hets raised. But no it gets too close to those who manage minimum wage workers. So, companies now feel forced to also raise the pay of managers. But Joe owner and Jane CEO don’t want to lose money either. So they raise prices to make sure they are still rich as fuck.

 
Meanwhile, Mr, Inflation keeps going up. And did I forget to tell you? Many employees didn’t get a pay bump because as it turns out, compression didn’t reach them. But this is likely middle managers.  

 
While this is happening money seems to be disappearing faster than usual. Why you ask? I got you again. Well, when you have the same amount of money but things cost more, your money doesn’t last as long.

 
All these money problems starts to create fear. When people are financially scared, they slow down spending. Spending less is bad for the economy. Bad for the economy is bad for stocks. Bad for stocks mean stocks go down. Inflation means stocks go down.

 
Now Fester, before you look any stupider, please read. No not Twitter. Like google what I am saying. Please try to learn something.

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inicky4630 reads

The money supply is NOT the only source of inflation.
Idiot.

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Hpygolky33 reads

He is this great business guy..right?

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impposter49 reads

Do you mean dollars or cents? :-)
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http://www.theeroticreview.com/discussion-boards/politics-and-religion-39/re-what-we-have-here-is-another-trump-business-failure-443331
http://www.washingtonpost.com/business/economy/as-its-stock-collapsed-trumps-firm-gave-him-huge-bonuses-and-paid-for-his-jet/2016/06/12/58458918-2766-11e6-b989-4e5479715b54_story.html
As its stock collapsed, Trump’s firm gave him huge bonuses and paid for his jet.
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"... Many of those who lost money were Main Street shareholders who believed in the Trump brand, such as Sebastian Pignatello, a retired private investor in Queens. By the time of the 2004 bankruptcy, Pignatello’s 150,000 shares were worth pennies on the dollar. “He had been pillaging the company all along,” said Pignatello, who joined shareholders in a lawsuit against Trump that has since been settled. “Even his business allies, they were all fair game. He has no qualms about screwing anybody. That’s what he does.” ..."
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"Trump was the chairman of Trump Hotels and Casino Resorts in Atlantic City from 1995 to 2009, his only outing as the head of a major public company. During that time, the company lost more than $1 billion, financial records show. He also was chief executive from 2000 to 2005, during which time share prices plunged from a high of $35 to as low as 17 cents. Trump received more than $44 million in salary, bonuses and other compensation during his time at the company, filings show.  ..."
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"... the company paid premium prices for two of Trump's deeply indebted, privately held casinos, the Trump Taj Mahal and the Trump Castle. In essence, he was both buyer and seller, able to set whatever price he wanted. The company bought his Castle for $100 million more than analysts said it was worth.  ..."
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"As millions of dollars in shareholder value evaporated, the company gave Trump a $7 million pay package, including a 71 percent raise to his salary, financial filings show. Trump defended his compensation by telling the Wall Street Journal, *****"Other than the stock price, we're doing great."***** “He ran these companies into the ground,” Graef Crystal, an executive-pay consultant who watched the company at the time, said in an interview. ..."
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"The company lost money every year of Trump’s leadership, and its share price suffered. A shareholder who bought $100 of DJT shares in 1995 could sell them for about $4 in 2005. The same investment in MGM Resorts would have increased in value to about $600. ..."  
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Get ready for more of the same when the IPO lock-up period expires in September.  Will Trump try to dump his holdings (~60% of the shares ~= $2.5 billion today; ~= $20 million when it drops to 17 cents per share.)

Posted By: Hpygolky
Re: So if its inflation, shouldn't DJT be like close to value in..100??
He is this great business guy..right?
LOL!

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BigPapasan33 reads

Clinton................1.4 trillion in 8 years
GW Bush............6.1 trillion in 8 years
Obama...............8.3 trillion in 8 years
Trump................8.2 trillion in only FOUR years
Biden.................1.8 trillion in 3 years

 
THAT is what Trump did for the economy!!

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coeur-de-lion30 reads

when it's invested, like Trump did.  That's not inflationary, because there is a return on the investment.  When the money is spent, like Biden and Obama did on climate programs, there is no return on spending, it's just a toilet flush and it's gone.  What is the return student loan guarantees if they are then cancelled?  That's a toilet flush of the original money that was allocated because it was converted by Biden from a performing asset of the government (i.e. interest-bearing loans) to spent money, and nothing comes back on spent money.  It's a squandered asset, and now the Kamala giveaways have been announced and will end in another toilet flush of trillions causing more massive inflation.  

 
Everyone who owns a home knows there is nothing wrong with debt if you invested in a performing asset that will go up in value over time.  Why do they not understand the difference between investing and spending when it comes to the government?  More spending always equals more inflation. If you invest in assets, even depreciable assets, it's much better than SPENDING money climate shit.  The Dems like to call it an investment, but just like Biden demonstrated in his speech Monday night, they SPENT $5,000,000,000 on 900,000 charging stations and managed to actually build 8, and he thinks that's a huge success.  

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inicky4635 reads

He was responsible for the first Covid emergency grants which, while necessary, were simply a give-away. That helped keep the economy from cratering, though Biden needed to do a second such package. But no one would call either package an "investment" except that it kept us from nuclear economic winter.
Then there was Trump's tax cut, which will cost the government a total of nearly $2 TRILLION over ten years. Not exactly an investment either.

Related Link: https://www.cbpp.org/research/federal-tax/the-2017-trump-tax-law-was-skewed-to-the-rich...

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coeur-de-lion32 reads

the March-April recession of 2020 was the shortest in history, and the stimulus brought the country back from 35% unemployment to 6.7% by the time Trump left office.  It was one of the biggest saves in history.  

 
I, BTW, did not benefit from Trump's tax cut, but my taxable income is in the middle six figures and all of my real estate holdings are paid off.  However, all but two of my employees did.  Nevertheless, I still believe it benefitted the masses over all.  More than half of my employees are Dems, but a vast majority seem to be planning on voting for Trump (according to the break room chatter - lol).   They want the tax cuts to continue, and the Dems will end them.

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inicky4636 reads

The Dems will NOT raise taxes for anyone making less than $400K. So I guess all your employees make MORE than that.  
Are you hiring?
Or are you just in "full CDL mode" and pulling shit out of your ass?

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BigPapasan32 reads

" I admit I enter the P & R swamp a few times a week, and its a good place to blow off some steam and poke the bear a little with the really wound-up dudes for entertainment value via the ensuing meltdown they invariable have..."
http://www.theeroticreview.com/discussion-boards/ter-general-board-12/nick--i-really-havent-noticed-you----971310?page=

 
CDL isn't serious when he posts here.  He doesn't give a shit.  It's all for shits and giggles to him.

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coeur-de-lion35 reads

If she wins she's going to walk that back to a lower figure, because there is no possible way she can pay for what she wants to do without raising taxes on nearly everyone.  She's clearly in "tell them what they want to hear mode" trying to get elected.  

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lester_prairie38 reads

There is a way to finance government without taxes, print money -- inflation.
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It's a hidden tax, and regressive in the social science parlance since inflation is hardest on those of lower income.  
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Progressive really don't care about the poor. Instead they care about power and if they have to surreptitiously steal the bread of the poor to pay for their power grab, they'll do so and laugh on their way to the bank.
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A person concerned about the poor would not impose business taxes, since those are passed on to the consumer -- including the poorest consumers. Not would they support inflation through government money printing for the reasons mentioned above.
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Progressives are power hungry control freaks who wear "concern for the disadvantaged" skin suits.

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impposter36 reads

Posted By: coeur-de-lion
Re: The money doesn't matter . . . .
when it's invested, like Trump did.  That's not inflationary, because there is a return on the investment.  When the money is spent, like Biden and Obama did on climate programs, there is no return on spending, it's just a toilet flush and it's gone. ...
Tell that to the Eisenhower administration that built the interstate highway system -- roads through nowhere and sometimes to nowhere -- that allowed the economy to flourish and expand like never before. And other examples.  
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I don't always agree with the analyses, but other programs are not promoted as giveaways but as ways to spur growth. E.g., I don't agree with some aspects of the student loan forgiveness programs, but the GOAL is to allow people to spend their money on goods and services (other than to give to the banks) that will spur ECONOMIC GROWTH and help the beneficiaries improve their lives (rather than remain buried in debt).  
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Please provide a RELIABLE link to the "$5B = 8 charging stations" story that I have seen repeatedly. I think it probably comes from Trump or a Trump supporter.
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Just wondering ... what is or was your opinion of the Space Program (starting in the 1950s up to the present)? Was it good or bad to put a man on the moon? A toilet flush? (Or are you a "faked moon landing" conspiracy theorist?)

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impposter50 reads

Thanks for providing a source for your claim - NOT!  The source IS lyin' Trump.  HERE is a source that debunks Trump's lies: http://www.factcheck.org/2024/08/trump-misleads-on-the-cost-of-electric-vehicle-chargers/
Trump Misleads on the Cost of Electric Vehicle Chargers [Aug 16, 2024]
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"In recent speeches, former President Donald Trump has repeatedly claimed that the Biden administration has spent $9 billion to build only eight electric vehicle charging stations — or even, just eight chargers. That’s not accurate. .."
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(Sometimes Trump says $9B then $8B then $10B -- It's kind of like the way he values his properties: pick a number, any number, whatever number he likes that day.)
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"On at least eight occasions [link to videos of Trump's speeches] in the last two months, Trump has wildly exaggerated the government’s costs of building EV chargers. ... “They built eight chargers … for $9 billion! Think of them as a tank for filling up your gas. Think of it. They spent $9 billion on eight chargers! Three of which didn’t work,” Trump falsely claimed during his speech at the Republican National Convention on July 19. ... He recited nearly the same remarks the next day, at a rally in St. Cloud, Minnesota, except he increased the total cost to $10 trillion — and pledged to “end the Biden-Harris electric vehicle mandate on Day 1.” ..."
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Why do MAGA morons believe everything Trump says without doing their own fact-checking? Are they lazy? Are they stupid? Are they brainwashed? Are they morons? Even when the lies are exposed, why do they continue to repeat them as if they were true?

Posted By: coeur-de-lion
[T]hey SPENT $5,000,000,000 on 900,000 charging stations and managed to actually build 8, and he thinks that's a huge success.  

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lester_prairie42 reads

Kamala's plan is to tax us into prosperity, shut down oil production, and import millions of migrants to depress workers wages.

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