Political Roundtable Part XXI

[GhostofChenier]

Who're trying to fool? You have the vocabulary capacity of a horse fly.

(sorry english not first lang this does not make me awful)

The text is from nytimes. this fragment is best. here people block every1 who disagree. that action only makes problem bigger problem. same as talk to mirror.

Stop being so insular. Many young people were shocked when Brexit won out in the UK, or when Donald Trump became the presumptive GOP presidential nominee. That’s because you’ve curated your social media accounts — where most of your interaction takes place — to be in total agreement with your opinions. But most of the world doesn’t think the way you do, which doesn’t make them bad, just different.

Stick to your old routine of spaztic invalid. Nobody's buying the new "I can not speaka any engrish. I not bad person" fresh off the boat bit.

[gtn130]

Enjoyed this post. I don’t agree with everything but well thought out and written without the usual personal attacks that accompany dissent against the prevailing “wisdom”.

Popper, you're legitimately one of the most insulated and delusional people I've ever crossed paths with. Like, you need to broaden your horizons, man.

And it's hilarious how all these olds think millennials needs a bunch of sanctimonious lectures about how to be successful by virtue of simply being a milennial - you know not ALL millennials are struggling, right? It's completely unfathomable to you guys that someone can understand the plight of others without personally struggling themselves.

[stilldropin20]

It is also interesting that some presuppose that those that are barely making a livable wage have additional resources to invest in the market or real estate. In fact, this is incorrect.

What is also interesting is the same policies that are supported by this administration exacerbate those very same issues. For example decreasing the personal income tax rate, trying to push through inflation based capital gains taxing (when we have already reduced the rate) and continuing the tax carveouts for real estate investors. Those policies increase the deficit and reduce our ability to invest in the country and increase productivity (which has meaningful wage growth implications); pushing speculative real estate investments that drive up the cost of housing and benefit landlords and disadvantage first time home buyers.

read above. In the USNavy i made 6K year 1. 12K year 2. 18K year 3. and 22K year 4. Thats it!!!

I saved 28K of all of that over 4 years and bought my first 2 flat for 146,000 in 1993. I rented on unit each unit for 600 per month and finished the basement using a 3 k credit card from home depot and lived down there....after i paid off the 3 K. Home depot then lent me 15K on credit card. using that and sweat elbow grease, i rehabbed and modernized the upper units in 1994 and rented those same units out for $1600 each.

This aint rocket science and I can teach a monkey how to invest like this or i can coach people with good job into armchair investments. You guys all think you are smarter than me and have all these fears, concerns and worries. and I'm the guy worth 8 million just in cash and real estate equity without selling my dental businesses (worth an additional 6 million).

Again, i started all of this with 28K after 4 years in the USNavy. Average salary 14K per year. I mean dog crap! They may as well paid me in pinto beans. Still, i saved those beans and immediately invested them. It works. But you cant buy for wants. You have to buy solely to make money and you have to be creative and be willing to put in long days.

When i was rehabbing that first building and others, i would go to school on Tues and Thurs all day long (straight A's). Then work evening Fri, Sat, Sun. And work on my building on Mon, Wed, friday day time. 18 hour days. 7 days per week. plus school.

yeah i did it. it wasn't that hard. I was 21. I planned. I worked my but off. I delievered a good product. It worked. I reinvested my equity into more real estate. Its quite simple.

I’m impressed. I try to teach my two kids the same “delayed gratification” message. My parents had a 9th and 11th grade education. I graduated high school. My wife and I worked hard, we sacrificed, we saved, and we paid $250k after tax for our kids college educations. We just finished month one of a three month vacation out west. Dinner at Kyllo’s tonight watching the sunset over the Pacific Ocean in Lincoln City Oregon. Crater lake tomorrow. Unfortunately SD you continue to receive undeserved slings and arrows for whatever reason (yeah, sometimes you’re a bit fast and loose with the facts) but generally you’re an asset to this thread IMO. I wish the millenials could hear your message of nose to the grindstone bootstrapping. Bravo.

thank you Popper, you are an asset to the thread as well so please continue to post when you have time. The guys on this board that have done something with their lives understand that all of our successes are almost strictly due to attrition and patience and staying the course. All markets go up. every single one. rental, real, stock, gold etc. nate has pointed this out numerous times. if you dont participate in the markets then inflation will and always has exceeded wages.<--in every single market in every single country. No way around that. you must participate in our markets OR NOT particpate in inflation
<---how do you do that? dont buy disposables!!!!!!


And congratulations to you as well, popper on your journey through life and your successes! You are an american success story as well! getting your kids through college in this rising tuition costs environment is quite a goal. Its too bad it costs so much, though. We can thank guaranteed loans for these ridiculous tuition costs.<--of many, and thats just one single point of knowledge that we are trying to impart on millennials or those that are older and take up the plight of the millennial: When you have policy that makes too much money available for college tuition you end up with rising tuition costs.<--colleges and university know the money is there for the taking...and they have convinced the children of today that they need the college education and that its worth it. I feel for you that you had to save up $250K and spend it on tuition. That is a tragedy. Its no different than if the government guaranteed loans for cars for every 16 year old child. Those 16 year olds would burn through those loans and the cost of cars would sky rocket...just like it does for 17 year olds going to college.

While the cost of housing and land has also skyrocketed in cities and on the coasts that has NOT been the case in middle america. Relative to inflation...housing costs in middle america is about the same...maintenance material may cost more now...but labor is about the same in middle america.

So as DCkings, GTN and others have pointed to skyrocketing housing costs. Its not true. Not in middle america. Only on the coasts and especially land locked islands or cities like chicago where the city forces its employees to live within city limits have costs sky rocketed. everywhere else not so much.

[dckingsfan]

Enjoyed this post. I don’t agree with everything but well thought out and written without the usual personal attacks that accompany dissent against the prevailing “wisdom”.

Popper, you're legitimately one of the most insulated and delusional people I've ever crossed paths with. Like, you need to broaden your horizons, man.

And it's hilarious how all these olds think millennials needs a bunch of sanctimonious lectures about how to be successful by virtue of simply being a milennial - you know not ALL millennials are struggling, right? It's completely unfathomable to you guys that someone can understand the plight of others without personally struggling themselves.

I though Popper's post was spot on - well though out, well written and wasn't personal? Is this about previous posts (collectively) or about this post?

[gtn130]

Enjoyed this post. I don’t agree with everything but well thought out and written without the usual personal attacks that accompany dissent against the prevailing “wisdom”.

Popper, you're legitimately one of the most insulated and delusional people I've ever crossed paths with. Like, you need to broaden your horizons, man.

And it's hilarious how all these olds think millennials needs a bunch of sanctimonious lectures about how to be successful by virtue of simply being a milennial - you know not ALL millennials are struggling, right? It's completely unfathomable to you guys that someone can understand the plight of others without personally struggling themselves.

I though Popper's post was spot on - well though out, well written and wasn't personal? Is this about previous posts (collectively) or about this post?

His body of work in general. His post before was celebrating the wisdom of SD20. It's farcical.

[dckingsfan]

Popper, you're legitimately one of the most insulated and delusional people I've ever crossed paths with. Like, you need to broaden your horizons, man.

And it's hilarious how all these olds think millennials needs a bunch of sanctimonious lectures about how to be successful by virtue of simply being a milennial - you know not ALL millennials are struggling, right? It's completely unfathomable to you guys that someone can understand the plight of others without personally struggling themselves.

I though Popper's post was spot on - well though out, well written and wasn't personal? Is this about previous posts (collectively) or about this post?

His body of work in general. His post before was celebrating the wisdom of SD20. It's farcical.

Gotcha - but not this post.

[gtn130]

I though Popper's post was spot on - well though out, well written and wasn't personal? Is this about previous posts (collectively) or about this post?

His body of work in general. His post before was celebrating the wisdom of SD20. It's farcical.

Gotcha - but not this post.

Well, the part where he whines about personal attacks and makes vague references undoubtedly to a liberal echo chamber in this thread. Basically whenever their bad ideas are defeated, reactionary conservatives pivot to "you're being mean to me here in this liberal echo chamber" while simultaneously sermonizing about how soft and sensitive milennials are. It's really breath taking, the lack of self-awareness.

[stilldropin20]

Popper, you're legitimately one of the most insulated and delusional people I've ever crossed paths with. Like, you need to broaden your horizons, man.

And it's hilarious how all these olds think millennials needs a bunch of sanctimonious lectures about how to be successful by virtue of simply being a milennial - you know not ALL millennials are struggling, right? It's completely unfathomable to you guys that someone can understand the plight of others without personally struggling themselves.

I though Popper's post was spot on - well though out, well written and wasn't personal? Is this about previous posts (collectively) or about this post?

His body of work in general. His post before was celebrating the wisdom of SD20. It's farcical.

GTN,

Human beings that work, and try, and learn, and listen and observe get smarter as they get older. And a lot of their intelligence is built into becoming more patient and recognizing patterns in societal behavior on a day to day basis...and finding your niche. So when you talk to Popper, myself, (Monte, Nate, DCkings and others I assume) that are 45 years old and older...there is wisdom built into just being around.

Now in my case you have the benefit of listening to a guy that grew up dirt poor, with drug addicts as parents, and was all conference in football and basketball as a sophomore and even though i ended up at 6 different high schools I ended up with friends in all 6 and good enough grades to graduate without having to repeat any sclasses due to all the mid semester moves. <--not an easy thing to do. None of it. I avoided the pitfalls lure of dealing and doing drugs and even drinking alcohol and joined the military. From there I learned that i was smarter than everyone else...not that difficult but believe it or not the elite forces of the military are very intelligent. I was placed in an elite force on the USS Parche.(the most decorated vessel in naval history)<--the pride of the entire fleet of the USS Navy. Our best spy craft on the planet. I was good enough and lucky enough and worked hard enough to serve on that boat. I also served on a similar boat, the USS William H Bates that had a seal delivery vehicle on board. As my ships diver, I did regular missions and a member of those seal teams that our boat delivered in "tight spots" around the globe. <--and met a ton of geniuses while serving on both boats some of which serve in our congress and are governors of States today. All before i turned 21 years old. I was an asset to those boats because my mind can process massive amounts of quickly changing information and solve problems almost instantaneously.

From there at 21 I left the military. I was promised a massive pay-grade increase to stay in the military and the ability to write my own ticket in terms of what i wanted to do and where (within my rate). I chose to leave because I knew I wanted to build wealth. In the summer of 93 i left and went to a local state school where i walked on the Div 1 basketball team and (and played a bit) the tennis team where i played first team doubles. I <--at this same time I was buying my first 2 flat in chicago and rehabbing. It was too much. So I quit both teams.<--looking back i probably could have started my junior year. I still played pick up games. And of course i was the smartest kid on the court no matter who was on the court with me...if i just had 2-3 guy on the court that understood the "team game of ball and player movement" I could be very effective. (I'm just trying to paint a picture for you). because life experiences matter.

While in school. I was taking minimum 17 and up to 29 credit hours per semester(after 12 credit hours classes were free). After 2 years and a summer I had 165 credit hours and a 4.0 GPA and fulfilled the degree requirements for majors in all 4 of biology, chemistry, literature, and communications. I was considering law school, architecture school, and med school. I was accepted to all of them. Scored in the 95 percentile or higher on all of the entrance exams of which i did not study and scored a 171 on the LSAT which i studied for 1 week about 5 hours per day. Almost in the last hour I took the DAT (98 percentile) switched to dentistry last minute and never looked back.

I got straight A's in dental school and day traded mostly tech stocks while in class and in the lab. The professors and I had an investment group and we killed it. Well they did off of my trading. I invested 9k and turned into $227K before the tech crash of 2000 and gave 150K of it back in a slow death spiral downward. And even became a little upset and even depressed. I needed that money to finshed my 2, 6 flats that I bought just before i started dental school. And being a perfectionist...this was really the first time in my life that i felt i lost and lost to things being my control or beyond my undersrtanding of the world. But what it really was major major learning lesson in life and our american markets that have a somewhat natural and somehwat random ebb and flow. I re-grouped and picked a market i understood better. Real Estate.

2 years later I graduated with a doctorate degree in dentistry from a top 4 dental school in the United States and I graduated #4 in my class. In my class we had 50 students. About 45 of those 50 came from Ivy league, or Northwestern or University of chicago. a couple more came from SLU. and a few more from Wash U. Our average undergrad GPA was 3.85 and everyone of them scored in 80 percentile or higher on the DAT. 2 of them were previously professional baseball players. 1 played pro football. 15 of them were also Division 1 athletes. Some were musicians. and i was the loan kid, from the southside of chicago with 2 crack heads for parents kicking their asses in everything. the only reason I didn't graduate #1 was because i couldnt take and elective research class in the final summer because I was in chicago for a death in the family and had issues with my buildings which i needed to pay my final bills at school in order to graduate. I will never ever ever forget the first day of class... standing in line to pay tuition ( i took out loans as did one other person). 50 kids in line and 48 of them had parents standing in line with them writing personal checks for $24,000 to pay tuition for the year. I will never ever ever forget that day. Ever. Those same parents also either wrote checks for rent for the entire year but most of them just bought single family homes their kids. It was the Saint Louis area so those houses were only $90-180K. they wrote checks for them too.

But these kids weren't just rich kids with silver spoons. Faaaaaar from it. These kids were competitive. Like i said, lots of Div 1 athletes(and a bunch of club players) . Their parents were competitive. The parents were smart. the kids were smart. real smart. They taught their children things that would take me decades to learn. And their parents had wisdom that I was yet to gain in life.<--a wisdom that my parents certainly didn't teach me. The Wisdom of patience. The Wisdom of recognizing and seizing a moment without looking like you are seizing a moment (if appearances mattered<--and often they do. The wisdom of knowing what you dont know. But i too had and have something that they would never have. Almost no one has it: The strength and confidence of courage and conviction tied together with a photographic memory with lightening fast mental and physical reflexes and the ability to learn instantaneously as i absorb information. I understood a world that they had never seen and will never see or know. I understood how smart wealthy people think and how dumb and poor people think. So yeah, I kicked their ass in everything. and I learned how to make friends with them. To not see them as my mortal enemy and instead an asset.

2 decades later, I have done quite well. Not that it matters at all to them but probably better than all of them combined. 4 of them work for me and about 10 of them use me to develop or purchase their real estate. Together a small group of us are working on a local type of dental insurance to reduce costs to patients and increase profits to owner/dentists. Still though, I am just a small little fish in a big ol' ocean. But this fish now swims amongst those sharks. Much bigger sharks than those parents who once wrote $25,000 checks for tuition. Now, I play in a different sandbox altogether. I know all of my local sharks by name and everyone now and then I get a little fish that those sharks wanted for themselves.<--and its in this world that I have learned just how much the big boys play for keeps and they aren't afraid to use their fangs.

So when a guy like you, questions the "wisdom" of a guy like me? I just dont know what to say to that. I cant imagine how lost you are. But really I can. My parents were crackheads. Ive seen it all buddy. And my girlfriend of 5 years is a millenial. from northwestern. a poor girl like me. got through on academic scholarships, now finishing up law school. She was a cheerleader at NU and posed for playboy. yeah i got it like that. She keeps me updated on instagram and snapchat. and the millenials at work keep me up to date as well. Between the 2 of us we have over 200K various social media followers and business never been better. the "plight" of the millenial aint nothin' compared to what i went through. Challenges are fun. Odds stacked against you are fun. It only makes it more interesting. Dont ever forget that or let anyone convince you otherwise. Cuz you certainly will never convince me otherwise. I know better.

[GhostofChenier]

Sd u have very good story but 2 long 2 read. Shorter u make difference

[pancakes3]

pancakes, we can fast forward to when you ultimately block SD20 like the rest of the thread has.

i'm getting there.

[stilldropin20]

pancakes, we can fast forward to when you ultimately block SD20 like the rest of the thread has.

i'm getting there.

i liked that thing you did there on the last page. not bad.

[gtn130]

SD,

1) your story literally does not matter at all
2) show some receipts

[Pointgod]

https://www.google.com/amp/s/nypost.com/2016/07/04/im-a-millennial-and-my-generation-sucks/amp/

By Johnny Oleksinski July 4, 2016

"The situation looks bleak — but we can turn it around, millennials. Here’s how. Action item one: Stop blaming everybody. Don’t blame the big banks, don’t blame your mom, don’t blame the baby boomers, don’t blame your employer, your landlord, the economy, the Apple store, the media, the airlines, the weatherman, George R.R. Martin. By absolving ourselves of responsibility, we’ve become forever 8-year-olds, tattling on the world in hopes it will better our situation. It won’t. It will only make it crummier.

Action item two: Stop being so insular. Many young people were shocked when Brexit won out in the UK, or when Donald Trump became the presumptive GOP presidential nominee. That’s because you’ve curated your social media accounts — where most of your interaction takes place — to be in total agreement with your opinions. But most of the world doesn’t think the way you do, which doesn’t make them bad, just different. Try empathy on for size. Befriend some dissenters. Grab a beer with them, listen to what they have to say. For once, don’t yell at them.

Action item three: Stop waiting around for something big to happen. Getting a job is hard. Filling out a million online forms isn’t enough. Primping your LinkedIn and hoping your God-given greatness will finally be recognized by everybody else like your grandma always said it would will get you zip, zilch, zero. You need to leave your apartment, meet people, be assertive, interested, open. I’ve gotten full-time jobs by sitting at bars and dancing at wedding receptions.

Fellow millennials, I want to like you. I really do. But you make it damn near impossible sometimes."

Learning what "plagiarism" means would also be a bonus.

God damn I haven't seen such a thorough sonning in a long time. Dude better not show his face around here.

[Pointgod]

SD,

1) your story literally does not matter at all
2) show some receipts

He somehow claims to have above average intelligence yet believes easily disproved conspiracy theories and posts memes from Reddit trolls as fact.....lol okay bud.

[stilldropin20]

SD,

1) your story literally does not matter at all
2) show some receipts

you questioned my wisdom. often. you questioned popper's wisdom because he noted that my experiences might make me quite wise and informed. By questioning both you in turn are questioning my personal experiences, education, success and failures, and my general understanding of the world. Of which I am very rich in all. And the Mods know my real name. so "receipts" of course you dont believe it. But its all true.

So you should assume its true. And TBH Ive done quite a bit more and have been involved in high level discussions on many things in chicago politics and education fire and public safety. The people I'm involved in have quite different views that Rahm Emmanuel.<--who i know personally.

I'm quite experienced. My journey has been long and arduous. I've learned a lot along the way. I know enough to know that I have no concern over millennials in general, nor old people in general, nor even middle class people in general. But there are real victims in the US. Victims of a poverty war. A poverty war that if you have read my "anecdotes" you will note that I clearly took on and fought a long and personal battle against growing up poor and with nothing, not even a house to live in when i was 14 years old. Relatives took me in and I know what that kind of battle is like and I know how to overcome it.

I also know how to lose that battle. nearly everyone loses that battle. And i know their decisions and mistakes along the way that decreased their already slim chances to escape poverty.

So millenials dont have problems. not really and not in general. Very poor and under educated people do though. At risk and poor elderly people do have problems too...(not sure how badly i can feel about people who are both at the end and didn't modify their decisions process enough along the way to NOT be at risk).

So the point I'm making...if you have any ability to read between the lines is that resources are limited and mofos want to eat. and some mofos want to eat as well as hoard enough for their families. and others just want to hoard for the sake of hoarding(controlling others). and most retirement and investment portfolios are tied to millions of individual retirements. So institutionally, those that manage institutional funds think they are hoarding for the greater good of their millions of clients.

Its tough world out there and I know how to navigate through it. All of it. People like me can teach really poor people what to do. And I have for decades. Most wont do it. Just being honest. They wont. Its "too much work." but really its not. The time will pass anyways. and the fun they thought they were going to have almost never ends up that fun. But still, they will take a pass on the work to go have the fun. <--which aint that fun. So how sorry can we be for even them? I understand that they dont know better. And I understand that they might be wired or worse conditioned for immediate gratification. And stressed. And hungry..for something...anything. All of which work against them unless they learn to channel the energy.

But millennials in general? They know almost nothing of anything of which i speak. Like the millennials here and liberals in general, (at most) they look at charts and graphs and think they can identify problems and problem solve for solutions. At most. Mostly they just listen to some talking head that pops up in there twitter feed. Based on those 2 minutes<--they think they know something and are willing to throw massive tax dollars at these so called solutions that end up moving no needles. Which is wasteful and can disenfranchise the poor even more.

millennials and liberals are interesting:

1. they want free and fair elections without any corruption BUT THEY DONT WANT VOTER IDs <--even if free.
2. They want free education for all yet they choose to live in very very expensive cities. so they likely have high paying jobs and live in expensive home. but want to write of their real estate taxes (which nearly 100% go to the local school district to provide for education. And they fight like all hell to lower their real estate taxes in these cities when mayors raise them(which again, goes directly to the school district).
3. they think they are so wise and righteous but their elected official always end up the most corrupt and/or disgusting. Always.
4. They fight like hell for animals rights and childrens rights(and I'm with them) but then they are willing to support same day live birth abortions or even abortions after 20 weeks where a baby is alive and can live if removed from the womb.<--and again, they support laws that charge murderers with a double homicide is there is a baby in the womb(which i support too...just not the abortions after 20 weeks).

So millenials and liberals generally take these general positions with pride.

Dont get me wrong, liberals are not fooling me ^^^ i know (why) they support these fully juxtaposed ideologies. Its just that i dont think liberals in general understand (why) nor the hypocrisy.

Most importantly, I dont think these positions help the poor. at all. And thats the real group I'm concerned about. I could care less about liberals, or millennials. Working class folks have my respect. and the wealthy elite control most of congress on both sides so we must (at least appear to) appease them to make any kind of real progress.

lazy millenials that come from middle class or better back grounds? They can kick rocks. get in line like the rest of us had to and go put in 18 hours days if you want something. What? Beyonce had you fooled? You thought you would be sporting a bentley and dumping champaign on hot chicks bubble butts by the time you were 24? get in line sucka! Go pay your dues. Play your cards right and maybe you will have something in 2 decades.

But poor folks, from poor backgrounds? I'm all ears and have a ton of ideas. And I already know and accept that most of what we do will be a waste of time and energy. And I'm still willing to do it...for that one kid or 2 that just needs a chance. A judge in kankakee gave me that chance when i was 17. A window. that was all i needed. And I'm willing to open as many doors and windows as possible for that one kid to step through. Most wont. I get it now. Everyone else? get in line. Do the work. I'm not giving away a thing.<--it doesn't work.

[Pointgod]

^^^^^^
Another worthless post by SD20. This is the guy that popper and the rest think we can learn From? Jesus I long for the days of canmac when the baby boomers in this forum weren't completely delusional.

[Wizardspride]

Read on Twitter

?s=19

Read on Twitter

?s=19

[Pointgod]

Read on Twitter

?s=19

Read on Twitter

?s=19

Worst spy ever!

[stilldropin20]

^^^^^^
Another worthless post by SD20. This is the guy that popper and the rest think we can learn From? Jesus I long for the days of canmac when the baby boomers in this forum weren't completely delusional.

I’m 47 brotha...but could pass for 32 if I suck in my gut and cheeks. Boomers on the other hand have 1 foot in the grave and the other on a banana peel.

Me n the rest of the deplorables fonna be here a while.

Sent from my iPhone using RealGM mobile app

[Wizardspride]

I agree with Senator Harris in this regard.

Read on Twitter

?s=19
NEW ORLEANS — Sen. Kamala Harris accused critics of “identity politics” of weaponizing the term to diminish issues of race, gender and sexual orientation, pressing Democrats on Friday to address those issues head on.

“I have a problem, guys, with that phrase, ‘identity politics,’” Harris told the progressive gathering Netroots Nation, wading into a messaging debate roiling Democrats ahead of the midterm elections. “Because let’s be clear, when people say that, it’s a pejorative. That phrase is used to divide, and it is used to distract. Its purpose is to minimize and marginalize issues that impact all of us. It is used to try and shut us up.”

Harris, one of the Democratic Party’s top 2020 presidential prospects, said Democrats “won’t be shut up, and we won’t be silenced.”

“These issues that they’re trying to diminish and demean,” she added, “are the very issues that will define our identity as Americans.”

Harris’ remarks follow criticism — including from some within the Democratic Party — that a full-throated embrace of racial, ethnic and gender issues could distract from a broader Democratic platform.