Hey If you think Maxine is a trophy for the countries purse have at it. She is the reason I pulled my money out of the Market and I thought I should mention it while you had your list going about reasons why the market took a dive. I don't need to waste my time with providing a list of Maxine's accomplishments mostly because I can't think of one. Maybe you could share with the board with what you know about Maxines accomplishments and enlighten us..
This is the main thing wrong with politics today, disagreements about what is true. Trump is documented as having said over 7000 lies or misleading statements since he took office. His latest lie is that he contracted a few hundred billion to construct part of the wall, but the president doesn't have that power. He also lied about terrorists crossing the southern border, and when the white house was asked about this, they couldn't supply any names, or point to any captives. I simply don't understand how people can believe all this obviously false stuff. I consider Maxine Waters to be a typical congress person, and don't really care whether she has more than the average number of accomplishments. What I do care about is someone calling her a horrible person, like trump has done, without any evidence. Truth matters, as america is about to find out, courtesy of republican Robert Mueller.
Its sounds more like the truth hurts.....good luck with your truth and I will stick with mine..I hope you have a good day..
They called it....yep, a new record. Well oh golly miss molly..I'll be damed..who would of thought...
i guess not you because you said you pulled your money out. really no reason to do that. what does the dem party controlling public funds have to do with the money in the stock market?
Well, I did pull my money out of the market except for the stock that I can't sell that sits in a escrow account. Well, we will find out here pretty soon when they take over the house what effect they will have on the market. My bet was they will fuck it up so I pulled out. And the amount of law suits they want to start against the leader of the country may have a confidence negative effect in my opinion. What do you think will happen when the dems start there full on assault against our president? The Presidents poll numbers might go up in my opinion but the jury is out on the Market. Time will tell..I hope it goes back up. I just lost a lot of confidence at this time.
You might face some unrealized losses but your value woll still continue to grow over time. Now's not the time to panic sell. That just let's people buy super low and then eventually sell super high. Congress and the president play a small part but it's not major.
What do you think will happen to the market if the dems undo the capital gains rates and increase them? just saying...
Well, I don't trust the Democrats to be anything other than scum the way they have been caring on. We will just sit back and watch for now..
Too late. I spent it on property with three shops that I have rented out. It's a great piece of property with 47 acres zoned commercial. Possibilities are endless. I thought about building more shops or maybe a storage locker rental complex. Or a cold storage on part of it. I know that I will be very busy for awhile.
Interest is the cost of money, it fluctuates and should. Interest rates are extremely important in a free market economy, perhaps the most important just beneath a need for a commodity based currency that can not be easily manipulated. The very fact that interest rates were set by politicians and not the supply and demand of capital is the reasons we have huge bubbles in the first place.
Interest is a trick the banks use to give you money you haven't earned yet only to give them more money back in the future in order to purchase things you don't have, or need, today. It's enforced by the state and a form of taxation. You of all people should hate interest.
That's rich coming from a socialist. I believe peoples labor and savings should be compensated by earning money in return if it is loaned out to another person. I'm not a socialist like you and dont view money as evil. Interest is not a tax, it's a charge for borrowing money a HUGE difference. Inflation is the hidden tax generated by banks which get the power from Congress so they can pay for socialist policies they dont need and cant afford. Sent from my SM-G935V using Grasscity Forum mobile app
Where does the "money" come from that you earn on your deposit held in the bank that gets loaned out to other people that must pay interest on their loan? You're starting to get a little assbackward Raider. Here's a video to help straighten your logic back out. Pop some popcorn and enjoy...
Dude i've watched that cartoon multiple times many many years ago.... Commodity Money is earned in a sound economy not created by Government and GSE's like banks. If you payed any attention to the video it shows how banks went from a warehouse to hold a commodity to issuing false paper receipts. This is now how government is 100% paid for. What do you think AOC is BANKING on to fuel her government green agenda?????? AOC is like the kings of the past that money clipped and shaved off the sides of peoples coins to pay for the crowns expenses. (which is why our coins have those ridges on the sides to this day) I'm not advocating for a fiat fractional reserve system, something that is mandatory and fully required in a socialist economy. That's for statist like you. I was Just saying interest is part of a free markets which is something I push for. Money today to investors and people wanting to spend is worth more than money later because it satisfies a immediate ends. Postponing or possibly giving up ones purchasing power to another person is a risk and one needs to be compensated for doing so. Do you really believe a person needs to work and give up anywhere from 20 to 70% of their earnings and at the same time believe charging someone for borrowing money is a crime? Talk about assbackwards and upside down.
So then you know that our current banking system will face a certain catastrophic failure because of debt and the banking processes that enables money to be created from it i.e. loans, interests, bank loan ratios. The fixation of banks making money from loans and a growth focus economy rather than a sustainable resource economy and banks operating by their original intended purposes, a vault you rent to keep your valuables, is the focus of the film. As far as taxation, the marginal tax rate be talked about everywhere of 70% is a social issue, obviously, and nothing, I repeat, nothing out of the ordinary. President Eisenhower, a republican, had a 90% marginal tax rate under his term. Millionaires still made millions and we built highways, bridges, NASA, creating lots of jobs in doing so. Today we have billionaire hoarding the wealth and a shrinking middle class as jobs get shipped overseas and wage growth stagnated for decades. Somethings got to give, and a Green New Deal will solve most of those things: jobs and sustainable resource economy. Fixing the banking system should be AOC's next target. Maybe her and Warren can tag team wallstreet.