RE: Trump -- Socialist Dictator (Full Version)

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MrRodgers -> RE: Trump -- Socialist Dictator (10/6/2017 8:21:56 PM)


quote:

ORIGINAL: Lucylastic


quote:

ORIGINAL: tamaka

quote:

ORIGINAL: ThatDizzyChick

See, when it became clear that there was going to be a whole string of hurricanes running up the same basic path (i.e. weeks before the one hit PR), Canada loaded up a supply ship and a couple other ships and sent them south, so they were right there on hand once the weather cleared.
If we could get our shit together in time to sail there from Halifax, why the fuck couldn't the US get their shit together to have an equivelent force close at hand, seeing as they only had to sail like 1/4 the distance at most?
I'll tell you why. Because the people of Puerto Rico are brown and vote Democrat, unlike the white Republican voters of Texas and Florida.


And what is their culture like? Any more details besides color of skin and political association? I mean, what aspects of their culture created such a debt-ridden society?


corruption and greed, its a human disease, a world wide disease.

Mostly afflicting the great rich and entitled.



BlackSinMaster -> RE: Trump -- Socialist Dictator (10/6/2017 8:36:35 PM)

tax reforms how dare thee i should remove your tongueewrrrrrrr3juhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

fuking cats eh!



Edwird -> RE: Trump -- Socialist Dictator (10/6/2017 10:09:40 PM)

quote:

ORIGINAL: MercTech
If the U.S. Federal Government bails out Puerto Rico; can we get a proviso in the deal where no one involved in running up the debt can ever again hold a government office or be employed by the government and have it carry out to the 7th generation of descendants?


That would eliminate Goldman Sachs from government positions, the record for number of such appointments thereto being set by the default master himself, Trump, so good luck with that one.




Edwird -> RE: Trump -- Socialist Dictator (10/6/2017 10:44:57 PM)

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ORIGINAL: DesideriScuri
ORIGINAL: Edwird
quote:

ORIGINAL: DesideriScuri
Soooo, Puerto Rico made a bunch of bad decisions,

For which Wall St. immediately provided munificent funding, at every turn.
quote:

which resulted in their being way over their head in debt.

For which Wall St. immediately provided even more munificent funding, at every turn.
See a pattern, here?

Be it private or public, stupidity is allowed to such degree, and only to such degree, as willfully accommodated by the financial sector.
Greater stupidity=higher returns.
The incentivisation is there. Like with Greece and Goldman Sachs' inducement to restructure the government debt to be even more stupid and tremendously costly, like Puerto Rico, like . . .


quote:

And, your point is... what? Wall Street allowed PR to fuck itself.


When the fees are up front, the incentivization is to the fees and the sales job to obtain the highest figure thereby, fuck whatever happens after.

quote:

With your post, were you attempting to add a category to "too big to fail?"

I wasn't "attempting" a damn thing.

I merely stated the fact that if it isn't financed by somebody, it doesn't happen, no matter how otherwise considered.

Wall St. sells this shit because they train fresh faced business and finance grads to sell it to suckers like bounty44, knowing that people like this are practically begging to be taken. Not to single out Goldman Sachs, but Wall St. exists on churn and burn, underlying quality of the asset in question being the least of their concern.

On the "too big to fail" question, that was all you. Not me, and not even Trump, which the whole OP was about him saying the opposite.

Get those "big boy reading comprehension skills" pants on. Otherwise, silence is the best palliative to overt stupidity in these cases.




DesideriScuri -> RE: Trump -- Socialist Dictator (10/7/2017 6:51:14 AM)

quote:

ORIGINAL: Edwird
quote:

ORIGINAL: DesideriScuri
With your post, were you attempting to add a category to "too big to fail?"

I wasn't "attempting" a damn thing.


Then your post was a stunning success! Congrats!!

[sm=champ.gif]



Edwird -> RE: Trump -- Socialist Dictator (10/7/2017 9:50:16 AM)

[
quote:

ORIGINAL: DesideriScuri
And, your point is... what? Wall Street allowed PR to fuck itself.


Wall St. is allowed to fuck its own self on a daily basis. "Zero sum" and all that, "efficient markets," etc.

You're new to all this, aren't you?



Edwird -> RE: Trump -- Socialist Dictator (10/7/2017 10:32:08 AM)

Wall st. doesn't just "allow" small countries to do financial harm to themselves- they actively promote and sell it.

Countries like the US or UK can get away with bad decisions (current prez as witness, e.g.) with out having the wolves at the door, but . . .

Yes, PR, Greece, et al. might have been stupid in some internal affairs, but all Greece did was to act in accordance with US Republican hearts in not bothering to actually collect taxes.

What happens when Wall St. steps in is to escalate the matter to entirely unmanageable proportions. Goldman Sachs' interest rate swaps with Greek debt, e.g. Like I pointed out earlier: "We can reduce your payments, while increasing total debt 5-X. What a deal!"

("Of course, we can just shut down your dinky little island if you say no to our magnanimous offer. So, how about it? We've got suckers waiting in line, here.")



jlf1961 -> RE: Trump -- Socialist Dictator (10/7/2017 11:53:07 AM)

A few points that people seem to forget:

States (actual states) have representation in congress, and as such has a means to get Federal aid in updating power and water infrastructure, territories such as Puerto Rico do not.

When the federal budget is laid out, the states, by their very nature as states, get the bulk of the money allocated for highways, ports (if applicable,) health and education....

Territories do not.

So, that leaves territories on the bottom of the money chain, so to do improvements, they sell bonds to who ever they can get to buy them, so they can upgrade power and water utilities.

However, territories are subject to the same rules for water quality, etc that states are.

Of course, if the territory is strategically important, then more money is spent there simply to support the military.

With the fall of the Soviet Union, and its support of Cuba, the bases on Puerto Rico were no longer strategically important, so they were closed to save taxpayers money, and when they closed, so did the cash that would have been used for upgrading infrastructure.

Bottom line, US territories are the red headed unwanted step children of America.

And the simple truth is that President Trump cannot legally do anything about Puerto Rico's debt, because it is a territory.



DesideriScuri -> RE: Trump -- Socialist Dictator (10/7/2017 5:01:15 PM)

quote:

ORIGINAL: Edwird
Wall st. doesn't just "allow" small countries to do financial harm to themselves- they actively promote and sell it.
Countries like the US or UK can get away with bad decisions (current prez as witness, e.g.) with out having the wolves at the door, but . . .
Yes, PR, Greece, et al. might have been stupid in some internal affairs, but all Greece did was to act in accordance with US Republican hearts in not bothering to actually collect taxes.
What happens when Wall St. steps in is to escalate the matter to entirely unmanageable proportions. Goldman Sachs' interest rate swaps with Greek debt, e.g. Like I pointed out earlier: "We can reduce your payments, while increasing total debt 5-X. What a deal!"
("Of course, we can just shut down your dinky little island if you say no to our magnanimous offer. So, how about it? We've got suckers waiting in line, here.")


In other words, it's Wall Street's fault that PR made stupid decisions.

Btw, I'm all for Wall Street taking losses when it takes risks that don't pan out. I don't believe in "too big to fail."



ThatDizzyChick -> RE: Trump -- Socialist Dictator (10/7/2017 7:16:42 PM)

quote:

Btw, I'm all for Wall Street taking losses when it takes risks that don't pan out.

And yet, that don't happen.



Edwird -> RE: Trump -- Socialist Dictator (10/7/2017 9:43:05 PM)

quote:

ORIGINAL: DesideriScuri
In other words, it's Wall Street's fault that PR made stupid decisions.


Like I said earlier; "silence is the best palliative to overt stupidity in these cases."

Take heed.



DesideriScuri -> RE: Trump -- Socialist Dictator (10/7/2017 9:44:06 PM)

quote:

ORIGINAL: Edwird
Like I said earlier; "silence is the best palliative to overt stupidity in these cases."
Take heed.


Too bad you can't take your own advice.



Edwird -> RE: Trump -- Socialist Dictator (10/7/2017 9:51:13 PM)

Too bad for you I know what I'm talking about and you don't.

You're the one been asking all the questions, sorry if the answers and reality in general don't fit to your fantasy.



DesideriScuri -> RE: Trump -- Socialist Dictator (10/7/2017 10:54:52 PM)

quote:

ORIGINAL: Edwird
Too bad for you I know what I'm talking about and you don't.
You're the one been asking all the questions, sorry if the answers and reality in general don't fit to your fantasy.


LMAO!

I asked you what I was responding to. You never answered it. I know the answer to that question. You haven't shown that you know the answer.

You're either dishonest about the context of the post of mine you started in on, or you're clueless about the context. And, frankly, it doesn't matter to me which of those two is true. I value your opinion about as much as I value Trump's opinion.







Edwird -> RE: Trump -- Socialist Dictator (10/8/2017 12:29:56 AM)

quote:

ORIGINAL: DesideriScuri

I asked you what I was responding to.


Having to ask another what your own post meant can be a thorny issue, I'd imagine.


quote:

You never answered it.


Ask again, in coherent terms this time, let's see where it goes.



DesideriScuri -> RE: Trump -- Socialist Dictator (10/8/2017 1:07:39 AM)

quote:

ORIGINAL: Edwird
quote:

ORIGINAL: DesideriScuri
I asked you what I was responding to.

Having to ask another what your own post meant can be a thorny issue, I'd imagine.
quote:

You never answered it.

Ask again, in coherent terms this time, let's see where it goes.


Can't do it, eh?

I wish you well, Edwird. I really do.



Greta75 -> RE: Trump -- Socialist Dictator (10/8/2017 1:23:25 AM)

FR

I just want to say that MM is like literally HuffPost.

His style, his content, the way he twist everything.

It's like, either inspired by Huff Post, or Huff Post is just a representation of a portion of demographic of the US that thinks this way!



Edwird -> RE: Trump -- Socialist Dictator (10/8/2017 2:39:43 AM)


quote:

ORIGINAL: DesideriScuri

quote:

ORIGINAL: Edwird
quote:

ORIGINAL: DesideriScuri
I asked you what I was responding to.

Having to ask another what your own post meant can be a thorny issue, I'd imagine.
quote:

You never answered it.

Ask again, in coherent terms this time, let's see where it goes.


Can't do it, eh?


Apparently you can't.

Not that we're surprised.



DesideriScuri -> RE: Trump -- Socialist Dictator (10/8/2017 2:40:45 AM)

quote:

ORIGINAL: Edwird
Apparently you can't.
Not that we're surprised.


Edwird. The voices aren't real. They're just inside your head.

Be well.



Edwird -> RE: Trump -- Socialist Dictator (10/8/2017 2:45:04 AM)

You can't even simply repeat whatever question you supposedly asked?

Yeah, well, that's a convincing argument. So cute the way you fist-bump yourself, there, BTW.



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