Wow... I didn't know this about Trump

[$5 submissions]

Since taking over as President, Trump has lost approximately $400 million in personal wealth — which is most likely the greatest decline in personal wealth any U.S. President has ever endured.

[Rochard]

I've been following this recently and I find it rather interesting.

Just off of the top of my head, fifty percent of the US population would never step foot in his hotel, golf course, or any other related business.

It's gotten so bad that a Trump Hotel wants to change it's name.

In New York, documents show that the ownership board at Trump's hotel considered the stunning idea of removing the Trump name from the hotel the president still calls his "flagship."

Small investors bought into Trump hotels, including his Chicago tower. 'Then the Embarrassment came.' - Chicago Tribune

At the same time, Trump hotels in Toronto, Panama and New York's SoHo all cut ties with the Trump brand.

[crockett]

Originally Posted by $5 submissions

Since taking over as President, Trump has lost approximately $400 million in personal wealth — which is most likely the greatest decline in personal wealth any U.S. President has ever endured.

Yet how many millions has he fleeced out of tax payers for his weekly golf trips and charging the secrect service rent to protect his fat ass..

[onwebcam]

Originally Posted by crockett

Yet how many millions has he fleeced out of tax payers for his weekly golf trips and charging the secrect service rent to protect his fat ass..

I guess it's a good thing Obama didn't play golf.

Speaking of whom, how many millions is Obama worth now? I remember when he took office he was right around $1 mil.

[Look Chang]

I don't play trumpet anymore ...

[Bladewire]

Originally Posted by Look Chang

I don't play trumpet anymore ...

Well played bro

[bronco67]

Originally Posted by Rochard

I've been following this recently and I find it rather interesting.

Just off of the top of my head, fifty percent of the US population would never step foot in his hotel, golf course, or any other related business.

It's gotten so bad that a Trump Hotel wants to change it's name.

In New York, documents show that the ownership board at Trump's hotel considered the stunning idea of removing the Trump name from the hotel the president still calls his "flagship."

Small investors bought into Trump hotels, including his Chicago tower. 'Then the Embarrassment came.' - Chicago Tribune

At the same time, Trump hotels in Toronto, Panama and New York's SoHo all cut ties with the Trump brand.

His name is mud. His daddy's bailouts have been keeping him afloat. Motherfucker should be broke but he's been failing upwards his entire life.

[pimpmaster9000]

he should not worry...onehunglo reported that trump did so many monumental things that the MAGA is about to arrive any day now...you can not see or feel the MAGA, you can not quantify it on any charts but it is there...a mysterious MAGA that is invisible

[huey]

I think your all missing the point. How many people in the world can lose 400 million and still be balling, not many.

[slapass]

He filed his net worth when he became President at 1.4 billion.

[Bladewire]

[$5 submissions]

Originally Posted by onwebcam

I guess it's a good thing Obama didn't play golf.

Speaking of whom, how many millions is Obama worth now? I remember when he took office he was right around $1 mil.

Book deals and speaking engagements can be quite lucrative

[Robbie]

Originally Posted by onwebcam

I guess it's a good thing Obama didn't play golf.

Speaking of whom, how many millions is Obama worth now? I remember when he took office he was right around $1 mil.

And never had a real job in the private sector.
Community organizer...then 2 years as a Senator. Then President.

Add up all those yearly salary's.

Then realize he has a mansion in Hawaii, and a new mansion in Virginia worth $5 million dollars.
He's a multi-millionaire.
But nobody cares about how these politicians become so wealthy do they?

Look at the Clintons. Hillary herself said in an interview that they were "Flat broke" when they left the White House in Jan. of 2001

Now they are filthy rich.

The media and the establishment went after Trump on day one of his campaign. They have been bent on destroying his brand the whole time.
People are even afraid to say they voted for him...much less shop in his stores and stay at his hotels openly.

[2MuchMark]

I would never buy trump-branded anything, and would never stay at any of his hotels, or play at any of his golf clubs (even if I could afford to). I know others would, but I never despised his brand like I do now, and I'm sure I'm not alone.

[Robbie]

Originally Posted by 2MuchMark

I would never buy trump-branded anything, and would never stay at any of his hotels, or play at any of his golf clubs (even if I could afford to). I know others would, but I never despised his brand like I do now, and I'm sure I'm not alone.

Exactly my point. The media has turned Trump into a monster and anyone associated with anything Trump is also a monster.

Of course the media LOVED him before he ran for President.

Weird huh?

[dyna mo]

trump was an asshole way before the media covered his being an asshole. if you read "The Art of The Deal" you'd know that's how Trump operates from way back.

and there are plenty of documentaries and news stories about trump on youtube that date back to the 1980s where he talks about that being his style. and plenty of negative media coverage of him dating back to all of his bankruptcies and lawsuits.

[VRPdommy]

Trump loosing money has less to do with his 'BRAND' since he already sold rights to that but you might say his future income is at risk.
NO...
It is from the fact that so many are watching his every move now that he can't do many of those underhanded things.
But I am confident, he has been setting himself up for when he hits the streets, using his family to do those acts for him as they stand to get it anyway.

I am hoping for more transparency for both sides as a requirement, but, I know those crafty devils will finds other ways around whatever regulations are passed, just like the Banks enjoy.

Just remember, the bank failure was a result of 'RED TAPE CUTTING'. To many regulations as was the claim as I remember it in '99 from Phil Graham.

So if you don't like it on either side, get use to it 'cause neither you nor anyone else is demanding anything different !

You can't get what you don't ask for.

[$5 submissions]

Originally Posted by Robbie

And never had a real job in the private sector.
Community organizer...then 2 years as a Senator. Then President.

Add up all those yearly salary's.

Then realize he has a mansion in Hawaii, and a new mansion in Virginia worth $5 million dollars.
He's a multi-millionaire.
But nobody cares about how these politicians become so wealthy do they?

Look at the Clintons. Hillary herself said in an interview that they were "Flat broke" when they left the White House in Jan. of 2001

Now they are filthy rich.

The media and the establishment went after Trump on day one of his campaign. They have been bent on destroying his brand the whole time.
People are even afraid to say they voted for him...much less shop in his stores and stay at his hotels openly.

2 words: CLINTON FOUNDATION

[Robbie]

Originally Posted by VRPdommy

Just remember, the bank failure was a result of 'RED TAPE CUTTING'. To many regulations as was the claim as I remember it in '99 from Phil Graham.

No, the bank failure was due to the housing market crashing which left banks holding billions in mortgages that were underwater.

[Bladewire]

Originally Posted by Robbie

Exactly my point. The media has turned Trump into a monster and anyone associated with anything Trump is also a monster.

Of course the media LOVED him before he ran for President.

Weird huh?

Trump is a selfish asshole Twitter troll and the media has nothing to do with that.

[Robbie]

Originally Posted by dyna mo

trump was an asshole way before the media covered his being an asshole. if you read "The Art of The Deal" you'd know that's how Trump operates from way back.

and there are plenty of documentaries and news stories about trump on youtube that date back to the 1980s where he talks about that being his style. and plenty of negative media coverage of him dating back to all of his bankruptcies and lawsuits.

All I can tell you is that from the late 1970's when I was in high school forward...if you offered to buy a round of drinks or pay for a meal, you might hear this: "Who do you think you are? Donald Trump?" lol

And the media did indeed run stories when the casino industry in Atlantic City went down hard. And they did indeed run stories about how incredulous it was that Trump would actually lose money and might be in trouble.

But the story's were incredulous in their reporting because the media had always built Trump up as a raconteur wealthy playboy.
Hell, in the 1990's and 2000's he was on Howard Stern's show almost daily.

He didn't have a popular t.v. show because the media didn't like him. They LOVED him.

And with good reason. He has a big personality and star quality to him.
And he uses it to great effect at his rallys. They are always entertaining and uplifting (provided you aren't watching it with total hatred of the man)

[astronaut x]

Originally Posted by onwebcam

I guess it's a good thing Obama didn't play golf.

Speaking of whom, how many millions is Obama worth now? I remember when he took office he was right around $1 mil.

Check you avatar

[astronaut x]

Originally Posted by Robbie

All I can tell you is that from the late 1970's when I was in high school forward...if you offered to buy a round of drinks or pay for a meal, you might hear this: "Who do you think you are? Donald Trump?" lol

And the media did indeed run stories when the casino industry in Atlantic City went down hard. And they did indeed run stories about how incredulous it was that Trump would actually lose money and might be in trouble.

But the story's were incredulous in their reporting because the media had always built Trump up as a raconteur wealthy playboy.
Hell, in the 1990's and 2000's he was on Howard Stern's show almost daily.

He didn't have a popular t.v. show because the media didn't like him. They LOVED him.

And with good reason. He has a big personality and star quality to him.
And he uses it to great effect at his rallys. They are always entertaining and uplifting (provided you aren't watching it with total hatred of the man)

I liked Trump as an entertainer. I probably wouldn't have liked working for him and I certainly don't like him as president. Like it or not though, people want to be like him. However if your parents were not rich, chances are.....well you pretty much got no chance. Most of the people who like Trump, like him for completely fantasy reasons.

[dyna mo]

Originally Posted by Robbie

All I can tell you is that from the late 1970's when I was in high school forward...if you offered to buy a round of drinks or pay for a meal, you might hear this: "Who do you think you are? Donald Trump?" lol

And the media did indeed run stories when the casino industry in Atlantic City went down hard. And they did indeed run stories about how incredulous it was that Trump would actually lose money and might be in trouble.

But the story's were incredulous in their reporting because the media had always built Trump up as a raconteur wealthy playboy.
Hell, in the 1990's and 2000's he was on Howard Stern's show almost daily.

He didn't have a popular t.v. show because the media didn't like him. They LOVED him.

And with good reason. He has a big personality and star quality to him.
And he uses it to great effect at his rallys. They are always entertaining and uplifting (provided you aren't watching it with total hatred of the man)

I don't totally hate him but I can very much see he appeals to the cruel side of human nature at his rallies. He's an asshole and always has been. I think in some ways that is working, like better trade deals. But he could be a much cooler guy, as much as he claims he's accomplished and as great as he claims things are, he's a whiny bitch. Who gives a shit about the media's coverage of him if shit is so fucking good? You can't tell me the media is holding trump back. He plays the media as well and always has. His entire "fake media" is simply part of his schtick.

[Robbie]

He talks about unemployment being the lowest in history for African Americans and Hispanics. He laughs at the media for the shit they do. He talks about this being the time for Americans to follow their dreams.
Maybe you should just watch one of his speeches from start to finish.
Sounds like you may be getting your info on his speeches through the filter of the media.
When I watch him speak I see tens of thousands of people with big smiles on their faces.
And sitting at home I'm smiling and laughing along too.
There's nothing "cruel" about it.

[Bladewire]

Originally Posted by Robbie

He talks about unemployment being the lowest in history for African Americans and Hispanics.

Trump said that the jobs report can be manipulated and was fake.

Robbie has been told this many many times.

Robbie literally parrots false information constantly, even after he's been shown proof it's false.

Robbie believed Trump when he said the jobs reports were fake now that Trump is in office Robbie ignores the fact that trumps jobs reports are fake. What a mind fuck

[bronco67]

Originally Posted by VRPdommy

Trump loosing money has less to do with his 'BRAND' since he already sold rights to that but you might say his future income is at risk.
NO...
It is from the fact that so many are watching his every move now that he can't do many of those underhanded things.
But I am confident, he has been setting himself up for when he hits the streets, using his family to do those acts for him as they stand to get it anyway.

I am hoping for more transparency for both sides as a requirement, but, I know those crafty devils will finds other ways around whatever regulations are passed, just like the Banks enjoy.

Just remember, the bank failure was a result of 'RED TAPE CUTTING'. To many regulations as was the claim as I remember it in '99 from Phil Graham.

So if you don't like it on either side, get use to it 'cause neither you nor anyone else is demanding anything different !

You can't get what you don't ask for.

Becoming president is not good for hiding "under the table" style business dealings. But he became president by accident and now he has to have every shady thing he's ever done exposed. And there's a lot of shady things.

[bronco67]

Originally Posted by Robbie

He talks about unemployment being the lowest in history for African Americans and Hispanics. He laughs at the media for the shit they do. He talks about this being the time for Americans to follow their dreams.
Maybe you should just watch one of his speeches from start to finish.
Sounds like you may be getting your info on his speeches through the filter of the media.
When I watch him speak I see tens of thousands of people with big smiles on their faces.
And sitting at home I'm smiling and laughing along too.
There's nothing "cruel" about it.

What speeches has he given? Are you talking about those rallies in the boonies where he pathetically attempts stand up comedy while butchering the English language? He doesn't even understand joke structure. He just spews words and people laugh out of either pity or pure stupidity. Which one are you?

[RedFred]

[VRPdommy]

Originally Posted by Robbie

No, the bank failure was due to the housing market crashing which left banks holding billions in mortgages that were underwater.

And can you name the legislation that was repealed in 1999 that allowed them to have no capital reserves (whereas it was 20%). I believe they called it releasing liquidity.
It also allowed them new tools (financial instruments as they called them) to make the loans and sell them to the government, then make low risk bets that they would indeed fail.

Don't worry, they will do it again and your going to pay for it again, because you have to. It just won't look the same nor be called the same. The names will change to protect the guilty. Since nothing has really changed.

If you don't already know the name of that legislation, you are part of the problem.
Let me help you out !
https://en.wikipedia.org/wiki/Gramm%...0%93Bliley_Act

Let me help you some more...
https://www.c-span.org/video/?153587...s-bill-signing

Pay attention to Phil Gramm , Sarbanes & Summer

It's no wonder how we got here since most do not know much about the legislation that is changing their life. But they do know how to argue uselessly !
Sometimes, you get just what you deserve.

[VRPdommy]

Originally Posted by bronco67

Becoming president is not good for hiding "under the table" style business dealings. But he became president by accident and now he has to have every shady thing he's ever done exposed. And there's a lot of shady things.

The part that should bother anyone is why nothing is done about these things since most of it is not new information. I have seen little I have not known for more than 5 years and some over 15.

It's because the government budget for going after these types of cases is always getting smaller (compared to inflation and sometimes just from job cutting) and the corporate world is always getting richer to make the case drag-out and prevent prosecution on the shear fact that they can not afford it in man power or dollars.

Where are all those folks that always talk about accountability ? Must be part of it in some way i guess.

[Robbie]

Originally Posted by VRPdommy

And can you name the legislation that was repealed in 1999 that allowed them to have no capital reserves (whereas it was 20%). I believe they called it releasing liquidity.
It also allowed them new tools (financial instruments as they called them) to make the loans and sell them to the government, then make low risk bets that they would indeed fail.

Don't worry, they will do it again and your going to pay for it again, because you have to. It just won't look the same nor be called the same. The names will change to protect the guilty. Since nothing has really changed.

If you don't already know the name of that legislation, you are part of the problem.
Let me help you out !
https://en.wikipedia.org/wiki/Gramm%...0%93Bliley_Act

Let me help you some more...
https://www.c-span.org/video/?153587...s-bill-signing

Pay attention to Phil Gramm , Sarbanes & Summer

It's no wonder how we got here since most do not know much about the legislation that is changing their life. But they do know how to argue uselessly !
Sometimes, you get just what you deserve.

Congrats on using Google.

And by the way, there is a BIG difference in making prudent regulations and in OVER regulating to the point of killing the economy.

There is a "Sweet Spot" for this somewhere. Hopefully Trump won't overshoot it in the same manner that politicians overshot it in the opposite direction since 2008.

[nico-t]

Originally Posted by 2MuchMark

I would never buy trump-branded anything, and would never stay at any of his hotels, or play at any of his golf clubs (even if I could afford to). I know others would, but I never despised his brand like I do now, and I'm sure I'm not alone.

that is extremely small minded, congrats

[bronco67]

Originally Posted by Robbie

All I can tell you is that from the late 1970's when I was in high school forward...if you offered to buy a round of drinks or pay for a meal, you might hear this: "Who do you think you are? Donald Trump?" lol

And the media did indeed run stories when the casino industry in Atlantic City went down hard. And they did indeed run stories about how incredulous it was that Trump would actually lose money and might be in trouble.

But the story's were incredulous in their reporting because the media had always built Trump up as a raconteur wealthy playboy.
Hell, in the 1990's and 2000's he was on Howard Stern's show almost daily.

He didn't have a popular t.v. show because the media didn't like him. They LOVED him.

And with good reason. He has a big personality and star quality to him.
And he uses it to great effect at his rallys. They are always entertaining and uplifting (provided you aren't watching it with total hatred of the man)

Belittling people is uplifting?

[Busty2]

Originally Posted by Robbie

No, the bank failure was due to the housing market crashing which left banks holding billions in mortgages that were underwater.

Which in turn was due to the banks giving out stupid loans like candy! They fucked themselves.

[Busty2]

Originally Posted by Robbie

Maybe you should just watch one of his speeches from start to finish.
Sounds like you may be getting your info on his speeches through the filter of the media.

I have tried to watch this moron more than a dozen times but his lies and inability to string together a coherent sentence literally make me nauseous. He is the only president i can remember who needs an interpreter the following day to explain what he meant to say (in other words backtrack on his banal comments)

[dyna mo]

Originally Posted by Robbie

Maybe you should just watch one of his speeches from start to finish.

Maybe you should realize I do. What a ridiculous claim to make.

[RedFred]

Originally Posted by bronco67

Belittling people is uplifting?

Belittling people, hating everyone that isn't in your tribe, being lied to constantly, getting in touch with your neanderthal DNA, and being told what to think by a cult leader is all uplifting to people like Robbie. It's how madmen have been able to control the minds of the ignorants throughout history.

It's time to stop sugarcoating all this bullshit; Trump followers are NO different than the Germans of 1939 and in many ways are even more dangerous. They operate off of and follow the same hate and would have no problem with mass extermination of certain groups of people. The difference between this group and the Germans is the Germans could argue they didn't realize how things could get out of control, this group does and they still back it. Not to mention the US is much stronger military wise than Germany could ever dream of. If this shit isn't nipped in the bud soon this world will be in huge trouble.

[dyna mo]

Robbie, maybe you should read Art of the Deal. You'll maybe then realize Trump's style is being an asshole.

He modeled himself after Roy Cohn, abuses the media, insults people, screams, and sues all through the book.

He's been an asshole by design for decades. Why would trumpsters argue otherwise.

[VRPdommy]

Originally Posted by Robbie

Congrats on using Google.

And by the way, there is a BIG difference in making prudent regulations and in OVER regulating to the point of killing the economy.

There is a "Sweet Spot" for this somewhere. Hopefully Trump won't overshoot it in the same manner that politicians overshot it in the opposite direction since 2008.

Gee, google search ?
I watch CSPAN and book marked that page when CSPAN hit the web. I knew it was that important. And that was many years before the bank failure. I have wrote many articles referencing it for the last 15 years.

But it sure is not funny that those regulations that were taken away sure worked well for us since 1933. How could they be over-regulation ? Explain that one ! Not funny that it took only 8 years for the banks to do it again once you allowed it. Why would anyone expect less from them. Roosevelt warned us when his own party thought it was being to hard on the banks and 'he stated' that you could not allow those sneaky bastards one ounce of wiggle room or they would do it again.

Your argument has no merit whatsoever !

Try to educate yourself, then 'you' won't have to rely on google search !

Seams nobody was paying attention from the de-regulation of the 'savings and loans'.
Did you forget that part of history ? try a google search !

Can you name one de-regulation that did not have devastating effects on the public,
who pays for everything in one form or another at some time... that is trickle down economics. remember ?

Folks are so easy to take these off in the name of 'red tape standing in the way of jobs' and do not know the history and the consequences that created them, thinking they are some how irrelevant. So... We must live them again.

I will likely be out-of-the-country when it happens next time. Because I will likely know it is about to happen again while you are like a deer in the headlights mode. And the folks that enable this will not be found either. They will not be able to patch this up the next time. Nobody in the world will trust us or the monetary system we imposed on everyone again.

Look at that congress from 1999 that voted for that and you will find many of them served prison time for corruption, the most in history.
Wonder why I should not draw conclusions from that fact.

Within the next year, we shall see just what effect those tax cuts really will have on the economy. Such a budget crisis, there will not be any highway money to make/fix roads, no money for the EPA, FAA, FCC, FDA and social security unless we borrow heavily But we have punched our #1 lender in the face... what if they won't lend us the money ? PERHAPS JUST NOT ALL WE WANT ? Good for the banks ? The banks now pretty much control all industrial commodities. Morgan Stanly became the largest oil trader in the world a few years after that legislation passed. Yes the price aluminum, copper and oil have been controlled by the banks for many years now. Good for you ?

Do your google search on austerity and enjoy this smoke and mirror play while it lasts....

[VRPdommy]

Originally Posted by RedFred

Belittling people, hating everyone that isn't in your tribe, being lied to constantly, getting in touch with your neanderthal DNA, and being told what to think by a cult leader is all uplifting to people like Robbie. It's how madmen have been able to control the minds of the ignorants throughout history.

It's time to stop sugarcoating all this bullshit; Trump followers are NO different than the Germans of 1939 and in many ways are even more dangerous. They operate off of and follow the same hate and would have no problem with mass extermination of certain groups of people. The difference between this group and the Germans is the Germans could argue they didn't realize how things could get out of control, this group does and they still back it. Not to mention the US is much stronger military wise than Germany could ever dream of. If this shit isn't nipped in the bud soon this world will be in huge trouble.

Bravo !

Ya know, Pig are Pigs, let me explain...

I am native american. Not full blooded. I don't normally identify with them. My folks assimilated and blended in. History shows us that it's not good for you to identify as anything more than a white male. My ancestors burnt the courthouses down in the 1800's when there were attempts of taking our 'deeded' land, so they could not use the law directly for their bidding.

I'm going to wait till you all kill yourselves off and export people till there is not many left, then my people can expel the remaining immigrants !

Quite honestly, I have been amazed at what folks really think is important.
It's not their fault, they are being told what is important and they all fall for it.
Ignoring that self-thinking notion of what is disaffecting their life today and their kids for tomorrow unless someone can point a finger at it.

The largest lapse in thinking , I believe, has been the call for election reform, in the form of limiting votes and or making it harder for many to vote.

We seem to want to protect it from what is deemed as 'mass election fraud' , and it seems most are ok with this, and at the same time, it has been shown that Russia has had it's dirty hands involved in 'pushing decent opinion' to say the least and somehow, it is ok to do nothing.

You only show the pigs are bad that you want to slaughter. But... Pigs are Pigs.
The polarization that has been generated will not go away for a generation.
The seed of hate grows in the worst conditions and like a bad weed, is not easily killed off.
Stay on the high ground. A flood is coming.

[Robbie]

Originally Posted by VRPdommy

Your argument has no merit whatsoever !

Try to educate yourself, then 'you' won't have to rely on google search !

Oh, I'm sorry Professor.
Why are you bothering to post here on GFY? With all this knowledge of how the economy works shouldn't you be richer than Trump?

Seriously bro...get over yourself. My "argument" is that regulation went TOO FAR.
The statistics speak for themselves.

And I said pretty clearly that I hope the pendulum doesn't swing too far the other way now.

There IS a sweet spot. And if egghead economists actually KNEW what they were doing...then we would never have any economic ups and downs.

Reality is: Economics is a lot like SEO work. It's presented as "mysterious"...but in reality, nobody, and I mean nobody can accurately predict the future.

Yes, the economy will go down. And yes it will rise again.

The Federal Govt. has no constitutional role to interfere in any way.
That changed (not the constitutional role...but the govt. interfering anyway "role") when the Federal Reserve was created and controlling interest rates.

But we still have recessions and recovery because even they can't predict what is coming.

Meanwhile, our economy is doing better than anyone ever thought.

Bet you didn't see this coming in your crystal ball now did you?

And Pres. Obama told us that GDP of 1.9% was the new "norm" and "those jobs aren't coming back" and other stupid shit.

No my friend. It's YOUR argument that has no merit.

But we can both agree that sooner or later the economy will collapse again. It's inevitable.
I think "later". You seem to be cheering for "sooner".

[VRPdommy]

Originally Posted by Robbie

Oh, I'm sorry Professor.
Why are you bothering to post here on GFY? With all this knowledge of how the economy works shouldn't you be richer than Trump?

Seriously bro...get over yourself. My "argument" is that regulation went TOO FAR.
The statistics speak for themselves.

And I said pretty clearly that I hope the pendulum doesn't swing too far the other way now.

There IS a sweet spot. And if egghead economists actually KNEW what they were doing...then we would never have any economic ups and downs.

Reality is: Economics is a lot like SEO work. It's presented as "mysterious"...but in reality, nobody, and I mean nobody can accurately predict the future.

Yes, the economy will go down. And yes it will rise again.

The Federal Govt. has no constitutional role to interfere in any way.
That changed (not the constitutional role...but the govt. interfering anyway "role") when the Federal Reserve was created and controlling interest rates.

But we still have recessions and recovery because even they can't predict what is coming.

Meanwhile, our economy is doing better than anyone ever thought.

Bet you didn't see this coming in your crystal ball now did you?

And Pres. Obama told us that GDP of 1.9% was the new "norm" and "those jobs aren't coming back" and other stupid shit.

No my friend. It's YOUR argument that has no merit.

But we can both agree that sooner or later the economy will collapse again. It's inevitable.
I think "later". You seem to be cheering for "sooner".

If that was so much 'over regulation, why did it work so well for over 65 years till '99.
To the banks, any regulation that stands in the way of profits, is over-regulation.

[$5 submissions]

What caused the 2008 Great Financial Crash? OVERDEPENDENCE on government bailouts of BAD CORPORATE DECISIONS

Lehman Brothers' CEO thought they were going to get bailed out... NOPE.

[Robbie]

Originally Posted by VRPdommy

If that was so much 'over regulation, why did it work so well for over 65 years till '99.
To the banks, any regulation that stands in the way of profits, is over-regulation.

I can understand why they would feel that way. BUT...some regulation is indeed needed (though out founding fathers would be against any big Federal Govt. moves like that).

As I said earlier...there is a "Sweet Spot" of regulation. Congress went too far the wrong way in 1999.
And then in 2009 they went too far the other way.

That's what I'm saying. All those politicians are just out for their own personal gain.
Hopefully, they will accidentally hit the sweet spot and we can have a roaring economy without another 2008 meltdown.

[RedFred]

What did the founding fathers think about cars? Indoor bathrooms? AIDS? The internet? Transgenders? Airplanes? Get the fuck out of the 17th century for Gods sakes.

[VRPdommy]

Originally Posted by RedFred

What did the founding fathers think about cars? Indoor bathrooms? AIDS? The internet? Transgenders? Airplanes? Get the fuck out of the 17th century for Gods sakes.

...LOL...
I can dig-it ! Right-on ! Well put !
I do get tired of everyone putting words in the minds of our founding fathers, most of which had slaves and sexual relations with them.
But that has nothing to do with the words that """they agreed upon""" some with reservation.
The document that we cherish was a compromise. ...imagine that ....
Besides... MOSSES wrote the constitution.... Right ?
...LOL...

[King Mark]

Keep giving all this credit to these criminal war profiteers... while the answer's in the mirror. Causation, Correlation... Coincidence

</end_tinfoilage>

[King Mark]

Originally Posted by VRPdommy

...LOL...
I can dig-it ! Right-on ! Well put !
I do get tired of everyone putting words in the minds of our founding fathers, most of which had slaves and sexual relations with them.
But that has nothing to do with the words that """they agreed upon""" some with reservation.
The document that we cherish was a compromise. ...imagine that ....
Besides... MOSSES wrote the constitution.... Right ?
...LOL...

Actually

https://en.m.wikipedia.org/wiki/Constitution_of_Medina

Our founding fathers copied more than a little bit from Islam... 😎

[King Mark]

...including the sex with slaves thing... 😂