I Don't Know If It's True But...

[JackLuis]

I don't know if it is true but...

I think i saw an article on the web that the NYFD had sent out a request of proposal for safety nets on Wall Street, because they expect the Trumpinistas to cause such a financial disaster that there will be Bankers and Stock Brokers jumping out the windows on Wall Street from 50 floors up!
The Trumpinistas will then be able to scoop up a lot of leveraged Real Estate in many cities for peanuts.

Don't know how true it is, but pass it on.

 

[Iceprincess12]

This is exactly like Gossip Girls! I've never seen the show but I think it's about a group of high school girls who gossip about other high school girls. Total fiction of course, but pass it on anyway.

I can't wait to pass my friends in the hallway...

"OMG! Did you hear about that one guy with the totally tacky comb-over and his like totally lame friends?"

"You mean that new guy? OMG, what!!!"

"Well...I heard that they all got together and they like totally maxed out their credit cards so now their parents have to pay!"

"OMG! Are you totally kidding?"

"I know right! But that isn't even the good part. OMG, I'm totally going to be late for Math class again! Lunch! Laters!"

 

[BotanyBoy]

Oh god I hope Trump wrecks some shit so I can buy up some more property.

 

[rawsilk]

Oh god I hope Trump wrecks some shit so I can buy up some more property.

Doubt property will fare any better than stocks BB there will be a massive scramble for money and everything is likely to be sold off. Bonds may be the best option...maybe, unless Trump won't/can't repay the Bond redemptions.

I don't know if it is true but...

I think i saw an article on the web that the NYFD had sent out a request of proposal for safety nets on Wall Street, because they expect the Trumpinistas to cause such a financial disaster that there will be Bankers and Stock Brokers jumping out the windows on Wall Street from 50 floors up!
The Trumpinistas will then be able to scoop up a lot of leveraged Real Estate in many cities for peanuts.

Don't know how true it is, but pass it on.

This has been building for years Jack. It is an Elliot Wave pattern and if it breaks it is going to be a Tsunami. I have been watching it evolve for years and years. I charted it back in June 2014 for the DOW on a chart going back to 1928. The S&P has a similar-ish pattern. It is also in what is called 'the jaws of death' pattern. I was speaking to other technical analysts with this chart, it may not be clear for everyone but I was trying to illustrate a repetition in the Elliot Wave pattern of which I am no expert. I had an EW book in my hand as I was drawing it. Bottom line the DOW as example is currently at $19170. My charts suggest there is a potential fall to $6000. It may not happen but with Trump at the helm it just might now. In other words, bend over and kiss your ass goodbye!

http://www.aussiestockforums.com/forums/attachment.php?attachmentid=58265&d=1402283001

 

[BotanyBoy]

Doubt property will fare any better than stocks BB

That's the point....

And no, property is WAY better than stocks.

If the market crashes guess who still gets to fuck 8 families up the ass for a few grand a month each while traders are all blowing their brains out??



Property is slow and steady...but it's mostly cream.

there will be a massive scramble for money and everything is likely to be sold off.

Making it a buyers market which is good for me.

Fuck if I could get a bigger industrialish building in Oakland that I could turn into lofts....I'd be set for life and I wouldn't even have to ever see the god damn thing.

Bonds may be the best option...maybe, unless Trump won't/can't repay the Bond redemptions.

Bonds are bullshit, people always need housing and food....I like being a paper holding farmer.

You want food and housing? Of course you do, now fuckin' pay me.

 

[rawsilk]

That's the point....

You want food and housing? Fuckin' pay me.

....and therein lies the problem, there will be no money to pay you. That is the point BB

There will be massive Deflation: Deflation means the value of assets fall. Which means the value of property falls, interest rates rise, value of inventories fall, wages fall, debt will become larger than held assets. You borrow $100,000 for property the cost of repaying the debt increases while your $100,000 asset potentially becomes $50,000. Your debt does not fall to $50,000. Your bank calls in your mortgage, you cannot pay, you sell your asset for $25,000. Then you sell other assets or you go broke along with the rest of the country, including Trump as he will be highly leveraged within his property portfolio no doubt. It is a pass the parcel, a race to the bottom. This is not rocket science BB.

 

[BotanyBoy]

....and therein lies the problem, there will be no money to pay you. That is the point BB

Not now but that's ok, I'll just sit on it or take alternative forms of payment in the form of goods and or services.

I don't need monopoly money to stay well fed and living the good life.

You borrow $100,000 for property

I don't borrow...borrowing means you're living or operating beyond your means and that is how you stay poor imo.

If I can't cut a check or wire the funds I can't afford it...it's that fuckin' simple in my world.

I haven't spent a penny of credit in so long they all are WARNING ME about how my credit is crashing and how I need to get back into debt!! LOL fuck all of those fucking mother fuckers.....fuck them all right in their faces.

Loans are the great rape machine by which the 1% of the 1% enslave the rest of the planet.

What's in your wallet??

This is not rocket science BB.

No it's not, why people choose to stay poor will forever boggle my mind.

 

[rawsilk]

Not now but that's ok, I'll just sit on it or take alternative forms of payment in the form of goods and or services.

I don't need monopoly money to stay well fed and living the good life.

It may well come down to a bartering system in America. Although if the Prepers are right it is going to be ugly for those who appear to have food or things others need. A dangerous time for the 'haves'.

I don't borrow...borrowing means you're living or operating beyond your means and that is how you stay poor imo.

If I can't cut a check or wire the funds I can't afford it...it's that fuckin' simple in my world.

Agreed. Although in America if you get sick and you have no health cover then debt could become an issue for some, even the most thrifty.

I haven't spent a penny of credit in so long they all are WARNING ME about how my credit is crashing and how I need to get back into debt!! LOL fuck all of those fucking mother fuckers.....fuck them all right in their faces.

Loans are the great rape machine by which the 1% of the 1% enslave the rest of the planet.

I have never owned a credit card or needed to hold a loan so this is not an issue for me. The bank is always very courteous and helpful to me if I ever need to go in there.

What's in your wallet??

My Medicare card, my public transport pass, my drivers license, four debit cards, one savings card, emergency contact card, my organ donor card. Maybe about $150.00 in cash more or less. I went out for dinner tonight and paid in cash, so it may be less.

No it's not, why people choose to stay poor will forever boggle my mind.

It is doubtful their choice is poverty. Potentially through poor health and poor dental conditions. Some may have been socially dislocated in their childhood through abusive families. Drug addiction, Mental health issues. Being caught up in the legal system. Poor job options. Homelessness, Many reasons for poverty. It is important to help people less able than ourselves. That creates a functioning and reasonable society.

A community who work for social inclusion will always be a happier and stronger society and will ride bad times better.

 

[RabbleVox]

It is doubtful their choice is poverty. Potentially through poor health and poor dental conditions. Some may have been socially dislocated in their childhood through abusive families. Drug addiction, Mental health issues. Being caught up in the legal system. Poor job options. Homelessness, Many reasons for poverty. It is important to help people less able than ourselves. That creates a functioning and reasonable society.

A community who work for social inclusion will always be a happier and stronger society and will ride bad times better.

Having been dirt-fucking poor, sleeping in my car and eating out of restaurant dumpsters poor, I could not agree more.

Bad luck, bad choices, bad government...people wind up in the weeds for all sorts of reasons, almost no one says "I want to be poor and homeless and sucking government tit!".

I took me awhile to crawl back up, and it took the help of both friends and the government. I no longer need food stamps or Medicaid, but I'm forever grateful they were there when I needed them.

And I damn sure want to keep them in place for the next person in need. It's just what civilized societies do.

Peace,
R

 

[BotanyBoy]

A dangerous time for the 'haves'.

You mean a fun time

Shit....find out if I deserve to keep it or if I can take even more.

Agreed. Although in America if you get sick and you have no health cover then debt could become an issue for some, even the most thrifty.

Yea that's what insurance is for.

If they don't handle it fuck em or offer a public HC option but we gotta pick one or the other this pseudo corporate abomination we're pushig now is a fucking disaster and needs to be put out of it's misery.

It is doubtful their choice is poverty.

Not entirely or always, there are some shit cases out there. But most of the time those shit cases are in the shit they are because of the decisions they have made and the behavior they have engaged in.

It is important to help people less able than ourselves. That creates a functioning and reasonable society.

Define functioning and reasonable....those things are totally subjective.

A community who work for social inclusion will always be a happier and stronger society and will ride bad times better.

Social inclusion always being happier and stronger is a demonstrable crock of shit.

Putting a radical evangelical, muslim and jew in the same room is inclusive and diverse but it's just going to wind up in a fight. They only reap the benefits of diversity and inclusion if they ALL agree to stop fighting over who's imaginary sky daddy get's to call the shots on the block.

It can work but it's extremely difficult and has a rather high failure rate.

 

[Hypoxia]

Most modern office buildings have non-opening outer windows.

Suicidal stockbrokers must take to the roofs.

Time to call Spiderman?

Splat.

 

[JackLuis]

I don't know if it's true but...

It's rumored that 'NRA' Wayne was heard to observe that Trump is an example of the need for the 2nd Amendment!

 

[BotanyBoy]

I don't know if it's true but...

It's rumored that 'NRA' Wayne was heard to observe that Trump is an example of the need for the 2nd Amendment!

Now that's some funny shit.

It will be even funnier if libs take to it.

 

[JackLuis]

I don't know that it is true but...

I heard Trump wants to have a naked Inaugural?

http://uploads.disquscdn.com/images/7457d5b636f24585fa3beea1c0604c71e0ea730f545723812bbba0c6d2a1cd22.jpg?w=600&h=852

 

[JackLuis]

I think this might be true...

Trump biographer: Stop overestimating him — he’s a cross between a junkie and a hungry chicken

In a scathing editorial published Friday, The Truth About Trump author Michael D’Antonio said that critics who think President-elect Donald Trump will behave with more maturity and gravitas when he takes office are missing the point.

“The President-elect probably cannot control himself,” D’Antonio wrote in the New York Daily News. “I interviewed him for six hours when writing a biography, and I mean that literally.”

Trump’s habit of teeing off on average Americans on Twitter, D’Antonio said, is symptomatic of his bottomless desire for approval and attention and his inability to moderate his feelings when he feels that he is under attack.

“Long an advocate of responding ’10 times harder’ when his feelings are hurt — and they are very easily hurt — Trump has a tendency to strike with massive force without much concern for the size or vulnerability of the person in his sights,” D’Antonio said. “I suspect this is because the pain he feels when criticized doesn’t depend on the source. No matter who speaks out, he cannot bear disapproval.”

Hence my plea to Twitter users to tweet Trump Slams every hour, every day at him and drive that fucker even more nuts! I'll bet you could get it up to 100,000 an hour. He'd be so focused on his twitter feed that he'd not have time to be president.

He finished with a disturbing image of Trump as a mindless animal in a behavioral experiment.

“He no longer had to manipulate journalists and wait for them to act. He could tap out a few words and get what he wanted immediately. It reminded me of psychologist B.F. Skinner’s experiments with chickens that learned to push a button with their beaks for the reward of a food pellet. Once they had trained themselves, the birds couldn’t stop pecking even when the pellets no longer came and they injured themselves,” he said.

“Like Skinner’s animal subjects,” he concluded. “Trump has learned to get what he wants. No matter who criticizes him, no matter the consequences, he will keep doing it. Those who ask if he will stop scouring the press for evidence of enemies and using his power in an indiscriminate ways should stop thinking of him as a conventional politician and start looking at him as a chicken.”

 

[JackLuis]

I don't know if it's true or not, but I heard the leaders of the Democratic Party are so old, they fart dust.

Sparkly dust.

 

[JackLuis]

What if 1 Million People
Closed their Accounts
with Banks Funding the
Dakota Access Pipeline?

DeFund DAPL www,defunddapl.com

 

[JackLuis]

https://scontent.fsnc1-5.fna.fbcdn.net/v/t1.0-0/p75x225/15317948_10211154807534937_3620669167630752820_n.jpg?oh=63b400672682bd95e87436ad125db7e1&oe=58B7AF15

 

[JackLuis]

https://scontent.fsnc1-5.fna.fbcdn.net/v/t1.0-9/15420773_10206257896484898_3850458076147589766_n.jpg?oh=8cae0c0e48f565a09468a8f93c1b72b5&oe=58B77D3C

 

[JackLuis]

https://scontent.fsnc1-5.fna.fbcdn.net/v/t1.0-0/s261x260/15492228_10202317514016502_4015278315637204248_n.jpg?oh=41095cbdcc0f85abe315c375033dc52e&oe=58B7825B

 

[JackLuis]

I don't know if it is true but...

The Donald want to rebuild our Nuclear Arsenal, he feels the 21st Century should make mushroom clouds more inviting.

http://img.wonkette.com/wp-content/uploads/2014/07/Clown-Mushroom-Cloud.jpg​

 

[Hard_Rom]

What if 1 Million People
Closed their Accounts
with Banks Funding the
Dakota Access Pipeline?

DeFund DAPL www,defunddapl.com

Best of luck with that! If it works, great!

See how many are foreign banks. 3 of the big 5 in Canada. I got accounts at RBC and TD. I've only got 3 other choices and I'm sure they are supporting something not overly green somewhere in the world.

Banks bow to shareholders and board members. Maybe to government regulators. Not likely to bow to small depositors. If they did we wouldn't have bank fees.

 

[Hard_Rom]

www.cbc.ca/news/wikileaks-deutschebanktrumpemails

On Boxing Day WikiLeaks founder Julian Assange revealed e-mails between Donald Trump and the Chairman of Deutsche Bank exploring the possibilities of debt forgiveness in exchange for 'certain considerations'. What these considerations are is not revealed in the documents.

What is known is that Deutsche Bank has agreed in principal with the US Department of Justice to pay a 7.2 billion dollar settlement over it's role in the late-2000s mortgage crisis. It is also a matter of record that the DB has loaned the Trump Organization $300 million US.

Representatives of WikiLeaks, Deutsche Bank and Trump's transition team were unavailable for comment.