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What will it finally take to turn Trump supporters against him?


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2018 Aug 19, 2:13pm   19,147 views  131 comments

by BayArea   ➕follow (1)   💰tip   ignore  

I hear it from liberals all the time. How can you support a “pu$$y grabber”. How can you support someone that sleeps around? How can you support someone that lies? What if the N-word tapes are true and released to the public, surely you can’t support him then?

Although these characteristics are unbecoming, you can’t seriously expect these to be enough for a conservative to flip? Flip to what?

As long as he’s for lowering taxes, pro 2nd amendment, tough on immigration, against bs socialist policy, then conservatives will support.

Don’t act so surprised folks. It matters little that he’s an asshole, matters little that he’s rude and offensive.

As long as he fights for conservative policy and continues to hit liberals on the chin like no president ever has, he will not lose support.

https://www.washingtonpost.com/news/global-opinions/wp/2018/08/18/what-will-finally-turn-trumps-supporters-against-him/

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111   WookieMan   2018 Aug 21, 3:21pm  

The whole thing about the "additional" money Trump could have made is kind of laughable to me. Let's just have all the rich people invest in index funds and make money like it's pouring out of a faucet. Just stop all other forms of investment and things will just be dandy.

There are a shitload of ways to make money. There's always one that's going to do better and get better returns then yours. This whole line about Trump not increasing his money at the same rate at the S&P/index fund is a joke. Give everyone here $1M to invest in today and 20-30% would end up with zero. Yet everyone is an armchair quarterback with experience running a business AND handling 7-9 figures.
112   MrMagic   2018 Aug 21, 3:22pm  

Aphroman says
That’s disingenuous as all hell.


That's true, Leon's posts usually are, as proven my multiple posters here.

Why do you have a problem with the truth. Isn't it always important to speak the truth?
113   Goran_K   2018 Aug 21, 3:24pm  

WookieMan says
There are a shitload of ways to make money. There's always one that's going to do better and get better returns then yours. This whole line about Trump not increasing his money at the same rate at the S&P/index fund is a joke. Give everyone here $1M to invest in today and 20-30% would end up with zero. Yet everyone is an armchair quarterback with experience running a business AND handling 7-9 figures.


No, no. Multi-billionaire is an idiot who doesn't know business.

*drives away in 2009 Chevy Aveo*
114   MrMagic   2018 Aug 21, 3:25pm  

WookieMan says
The whole thing about the "additional" money Trump could have made is kind of laughable to me.


True...

It's just more TDS showing itself, they're running out of NEW scandals, so they need to recycle OLD ones.
115   curious2   2018 Aug 21, 3:43pm  

Goran_K says
The article that claims this assumes 100% reinvestment of dividends (which is impossible anyway due to taxes)...stupid to even discuss.


I remember debunking one of those fake news articles in 2015 or 2016, when a publicity / pr campaign was pushing it. You can tell on Google News when somebody has decided to push something, you see around 20 different commercial publications all running essentially the same story as part of a synchronized campaign. The quick repetition and ubiquity fool the audience, so even now, two years later, we continue to hear people who sincerely believe the fake 'would have done better investing passively in an index fund' narrative. Here is how it works.

Many in the financial press get paid by more than one source. They may get a salary, but they can also get speaking fees, consulting, book deals, syndication, etc. Certain stories can have checks attached. These are getting pushed by publicity / public relations firms.

Evidently, someone (probably in the DNC) decided to push the "idiot" narrative. It was part of the incoherent DNC campaign, each narrative contradicting the others. The President called Donald Trump a "con man", and that narrative had actually a lot of evidence to support it, but DNC couldn't focus on it, they had to call him an idiot too. In reality, he walked into rooms full of Ivy MBAs and he walked out with what used to be their money. That could support the con man narrative, but not the "idiot" narrative. DNC decided to push both, and we continue to hear both, even though he is in fact very smart. You can tell someone was pushing that narrative, partly because it came out of nowhere, i.e. this guy who had been covered by press for decades, including whole books written about him, had never been called an idiot before, and suddenly dozens of commercial publications were all calling him an idiot. He has a degree in economics from Wharton, but whatever, somebody was paying people to call him an idiot, and so the narrative went.

The index fund narrative was particularly funny because those didn't exist at the time he started. Nevertheless, "journalists" named specific funds (checks attached!), talking about how you can invest in those funds and do better than a billionaire. Nevermind those funds didn't exist back then, it's fake news to mislead people, and it worked.

In addition, they cherry picked their dates. They start in the 1970s or 1982, a low period for stocks, and say he should have gone all in to those non-existent index funds at that time. Nevermind his father remained alive until 1999, the son should have sold the roof over dad's head, the whole business dad and grandma had spent lifetimes building, Donald should have sold the whole thing and bet it all on the stock market, which was at that time doing terribly. I can hardly imagine what those family conversations would have been like. The real point of the story is to tell the reader to invest in stock funds (checks attached) while also pushing the "idiot" narrative (check attached).

In addition, as you and I both noted, the articles overlooked taxes, which were especially high in the 1970s and early 1980s, and transaction costs, which were also higher then than now. Even to mimic an index, he would have had to buy and sell, as index funds do now. Those transactions would have cost more back then, and they would have been taxable at higher rates back then. The "journalists" omitted that, and simply tracked the index.

And, as you've noted, he would have had to leave the whole fortune untouched, including dividends. Perhaps he should have gone to work as a financial "journalist" in a cubicle somewhere. Instead, he spent famously, including providing for his children and (sometimes reluctantly) their mothers. He has enjoyed an amazing life, spending a lot.

So, the narrative is a silly distraction, part of the incoherent DNC 2016 campaign. They had to say every bad thing they could think of, contradicting themselves and losing all credibility. They could have done better sticking to what President Obama said, but they could not focus. Perhaps candidate Trump drove them to distraction, maybe by pointing out the fact that Islam hates us, and maybe Huma threw a tantrum, and thereafter they had to throw everything they could at him.
116   Goran_K   2018 Aug 21, 3:48pm  

curious2 says
The index fund narrative was particularly funny because those didn't exist at the time he started. Nevertheless, "journalists" named specific funds (checks attached!), talking about how you can invest in those funds and do better than a billionaire. Nevermind those funds didn't exist back then, it's fake news to mislead people, and it worked.

In addition, they cherry picked their dates. They start in the 1970s or 1982, a low period for stocks, and say he should have gone all in to those non-existent index funds at that time. Nevermind his father remained alive until 1999, the son should have sold the roof over dad's head, the whole business dad and grandma had spent lifetimes building, Donald should have sold the whole thing and bet it all on the stock market, which was at that time doing terribly. I can hardly imagine what those family conversations would have been like. The real point of the story is to tell the reader to invest in stock funds (checks attached) while also push...


Exactly. I don't know what else to say except becoming a billionaire is fucking hard. It doesn't happen out of someone being an idiot who is "bad at business". It simply does not happen. In order for someone to become a billionaire, it takes an amazing intersection of opportunity, drive, knowledge, and support. Notice I did not list "idiocy" as one of the requirements.
117   MisdemeanorRebel   2018 Aug 21, 4:13pm  

Aphroman says
Or that Thunderlips is also had too many names to remember, as to not agitate #Cult45 to show its the same person who was creaming their pants over the idea of Elizabeth Warren as president?


Oh please, all my username changes were totally obvious and I've never tried to pretend I was anybody else

"Why, he changed his username from Thundelips to T.L. Lipsovich to TwoScoopsOfIceCream to TwoScoopsOfWompWomp to TwoScoopsOfSpaceForce. How could anybody realize it was the same user?!"
118   Rin   2018 Aug 21, 5:01pm  

I think it's obvious, the Democrats need to push for full automation of ALL white collar work and then, they'll be no more jobs and socialism will have to run the society.

http://patrick.net/post/1317782/2018-07-30-if-you-want-socialism-then-focus-on-automating-all-white-collar-jobs-first

Until then, Trump stays!
119   LeonDurham   2018 Aug 21, 5:04pm  

Goran_K says
Absolutely wrong. The article you posted was fucking retarded.


Now how can anyone argue with that sort of fact based logic and reasoning.
120   Rin   2018 Aug 21, 5:05pm  

curious2 says
Goran_K says
The article that claims this assumes 100% reinvestment of dividends


BTW, that's why I'm a consultant.

I have my prior dividends reinvested & the part which isn't in a tax deferred vehicle, is where I pay ordinary income taxes on.

I don't touch any of my eggs nest.
121   Goran_K   2018 Aug 21, 5:08pm  

LeonDurham says
Now how can anyone argue with that sort of fact based logic and reasoning.


You can't, that's why you aren't.
122   Goran_K   2018 Aug 21, 5:09pm  

Rin says
BTW, that's why I'm a consultant.

I have my prior dividends reinvested & the part which isn't in a tax deferred vehicle, is where I pay ordinary income taxes on.

I don't touch any of my eggs nest.


That's how a lot of people do it. They have a long term growth account, and a "play" account.
123   CBOEtrader   2018 Aug 21, 5:29pm  

Rin says
I don't touch any of my eggs nest.


Until when? At some point you touch it, or whats the point?
124   CBOEtrader   2018 Aug 21, 5:32pm  

Goran_K says
LeonDurham says
Now how can anyone argue with that sort of fact based logic and reasoning.


You can't, that's why you aren't.


Are we still talking about the articles that pretend Trump could have invested his entire paper net-worth into cherry-picked past stock index prices? Yeah, retarded
125   Rin   2018 Aug 21, 5:37pm  

CBOEtrader says
Rin says
I don't touch any of my eggs nest.


Until when? At some point you touch it, or whats the point?


Until I stop working, which is where I simply use the regular dividend checks as my income stream.

And thus, whether or not the market goes bullish or bearish, I have a steady source of retirement income w/o having to sell shares to raise money.
126   Patrick   2018 Aug 21, 5:41pm  

Aphroman says
APOCALYPSEFUCKisShostikovitch says
If Trump had documentable access to half of what he claims, banks would have been in line to loan him whatever he needed to right his casinos after they went down - just for his signature. He ended up with the note from Deutsche Bank because the outcome for Deutsche's real clients would provide a useful laundering vehicle for them to exhaust ill-gotten gains into a reasonably stable, reasonably fungible if somewhat illiquid instrument. On paper, TTO was and is likely still completely non-creditworthy at anything close to the exposure of the DB note.


Patrick is this allowed here? Or should it be censored?


Sure, it may be wrong, but it's not about another user, and I think it's sincere.
127   CBOEtrader   2018 Aug 21, 6:04pm  

Rin says
CBOEtrader says
Rin says
I don't touch any of my eggs nest.


Until when? At some point you touch it, or whats the point?


Until I stop working, which is where I simply use the regular dividend checks as my income stream.

And thus, whether or not the market goes bullish or bearish, I have a steady source of retirement income w/o having to sell shares to raise money.


how many hoes per month would your dividends allow? how about in retirement? Or does a 1 time robot purchase cover it?
128   FortWayne   2018 Aug 21, 6:05pm  

Maintenance might be a little awkward...
And oil changes.

CBOEtrader says
Rin says
CBOEtrader says
Rin says
I don't touch any of my eggs nest.


Until when? At some point you touch it, or whats the point?


Until I stop working, which is where I simply use the regular dividend checks as my income stream.

And thus, whether or not the market goes bullish or bearish, I have a steady source of retirement income w/o having to sell shares to raise money.


how many hoes per month would your dividends allow? how about in retirement? Or does a 1 time robot purchase cover it?
129   CBOEtrader   2018 Aug 21, 6:11pm  

FortWayne says
Maintenance might be a little awkward...


I think it'd be amazing if the robot analyzed your sperm, perhaps measured health factors, etc... then at some point make a pitch to humankind that banging the sex doll is the only way to prevent birth defects, maximize sperm efficiency, etc... eventually we get to brave new world status where only barbarians have babies with actual human mothers, rather than incubated in a lab.

It'll be like China, with less freedom.
130   marcus   2018 Aug 23, 9:55pm  

Goran_K says
No billionaire on the Forbes 100 has ever done that. Geezus this is fucking stupid to even discuss.


In the future most of the billionaires on the Forbes 100 will be wealthy from invested inheritances. It might say "retail" or "mining" or "Real Estate" because of the investments they focused on. Real Estate is great becasue of the leverage. Now is the best time ever to be in leveraged real estate, becasue interest rates have been so low. We just need some inflation now. What should we try ? Running oil up didn't work. Trade wars perhaps ?
131   MrMagic   2018 Aug 23, 10:12pm  

FortWayne says
Maintenance might be a little awkward...
And oil changes.


Where does the filter screw on?

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