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Official Trump Presidency Thread, Part 2

Old 01-18-18, 12:32 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Someone said that increasing stock benefits don't benefit poor people at all, But that's not true.

When I do my taxes, I report dividend income. The more I make, the more I pay in taxes for government programs.

And the more I have to contribute to charities that directly benefit others who need help.
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Old 01-18-18, 12:41 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by mcnabb View Post
Dow 26,000!

Oh, that's right we're not allowed to say anything positive in this thread....

Continue on bitching about Trump's weight.....
Did you also notice the dollar lost 15% of its value against the euro since Trump's inauguration?

The economy is a pie and the stock market is a piece of it. If the pie groes bigger, the individual pieces also grow bigger. That doesn't mean the pie gets bigger when the 'stock market piece' gets bigger. After all, that piece may get bigger at the expense of the other pieces, or at the expense of going into dept.
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Old 01-18-18, 12:43 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

[/B]
Originally Posted by 4KRG View Post
I will be out on the fringe and agree with much of what mcnabb posted.

I do not own a company, but I am a manager (and have managed upwards of 20 people at once, probably 100's of people over the years) and I know salaries and I see how people choose to live.

He is referring to people that HAVE and MAKE money, good enough money to cover their own retirement, etc, etc, etc they CHOOSE not to. I am not going to say specific salaries, but I will say that every single person working under me makes way more than $50k per year. Some have families, some don't, some own houses some don't.

The thing I see is repeatable bad choices in certain people. Always have to have the new iphone the day it is released with an unlimited plan, always have to have a new expensive car every 3 years like clockwork. (Mercedes, BMW, Audi, Lexus, Infinity)

My phone was a hot release in 2010, I bought it refurbed off ebay for $40 in 2013 and have used it for several years now. It works so why waste money to upgrade it? I am also on a Red Pocket plan that I pay $150 for a year of service that fits my needs (and I am reasonable with my needs, don't need to stream and watch movies on my data plan)

Employees that make less than I do have the hot new iPhone with unlimited plans the day they are released (some take a vacation day to go stand in line and obtain said phone). Meanwhile their 401k has zero in it.

Why not get an iPhone SE refurbed off ebay and go with a prepaid plan, take the extra $100 month you just saved and put it in your 401k?

No one said don't have a phone, just have a lesser phone.

I drive a 12 year old car. I liked it when I bought it new, it starts and runs everyday, actually still looks almost like new because I take care of it. Why buy a new car? That new car smell?

I have employees that lease cars that are equal in value to their annual gross salary, and repeat every 3 years, some pay mileage penalties. Why not buy a car that is half your annual salary? and buy it so you can own it without payment for a couple years after it is paid off instead of being on the lease treadmill.

NO ONE SAID DON'T OWN A CAR, just own a lesser car. You will save on insurance costs, save on gas, save on so many things other than just the monthly payment, then put that extra $100 a month into your 401k.

to be clear, talking about full time employed people that make a good living, are assumed intelligent and make choices to live far beyond their means to show off on facebook.

Camry SE vs BMW M5
iPhone SE prepaid vs iphone X unlimited verizon
Fleming Steakhouse vs Outback

It goes on and on and on where there are 'middle class' priced options for every purchase, and there are luxury priced options that cost more for every purchase

I find it amazing that cashiers in Walmart have new iPhones and I don't

but yet I will retire at age 55, so I guess it is all in what you want out of life. I don't care as much for 'things' beyond the basics (Toyota Camry works for me don't need a BMW M5) and I would rather live out the later years in my life without some company owning me 50 hours a week.

It's all about choices, again, no one is talking about people at the poverty line. No one is talking about living without things in a modern society that everyone has.

I am just talking about making smart choices. Just like eating steamed broccoli instead of cheesy fries, everyone knows what the right choice is.
But again, you are talking a small portion of People that make "way more than $50,000" in the US You said every "person" you know makes well over $50,000.

Again 71% of households (not person, but household) make less than $50,000. Take out taxes and whatever you want to call "reasonable" (within means) expenses and there isn't a lot left for living beyond one's means.

I'm not arguing no one lives beyond their means. Or that some need to do a better job with their budget. But just looking at income charts those people would have to make up a tiny portion of the population. Remember I'm being generous here. 35% of households make less than $25,000. That is a large chunk of the population.

Tis idea of "people just need to be smarter with their money" is the real myth. Most don't make enough money to be "smarter" with.

It's like saying, people need to pull themselves up by the bootstraps. Great but what about people that don't have boots or a realistic opportunity to get boots?
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Old 01-18-18, 12:54 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by Sdallnct View Post
[/B]



Again 71% of households (not person, but household) make less than $50,000. Take out taxes and whatever you want to call "reasonable" (within means) expenses and there isn't a lot left for living beyond one's means.
I just went on Wikipedia, and it has that same number of 'Households' with $50,000 or under at 51%, so who knows what the exact number is. What you aren't taking into account in that number is retired households who live on fixed income, and we are not talking about them.

I don't know what the amount of retired people there are in this country, but it's a good amount, and I'm sure most of them are making under $50,000 from Social Security and their retirement. But again, that is not who we are talking about.

We are talking about non-retirees, people that are in the workforce now, and that will make that number bigger regarding the households that make more then $50,000 a year. In fact, I will say that most people I'm talking about our married with kids who seem to live above their means. Most single people without kids don't live above their means because they have very little bills.
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Old 01-18-18, 01:20 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by Mark_vdH View Post
Did you also notice the dollar lost 15% of its value against the euro since Trump's inauguration?

The economy is a pie and the stock market is a piece of it. If the pie grows bigger, the individual pieces also grow bigger. That doesn't mean the pie gets bigger when the 'stock market piece' gets bigger. After all, that piece may get bigger at the expense of the other pieces, or at the expense of going into dept.
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Old 01-18-18, 01:20 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

The guy is just so full of shit

"I get exercise. I mean I walk, I this, I that," Trump told Reuters in an Oval Office interview. "I run over to a building next door. I get more exercise than people think."

Trump, who can hardly ever turn down a fast-food meal, continued, "A lot of people go to the gym and they’ll work out for two hours and all. I’ve seen people . . . then they get their new knees when they’re 55 years old and they get their new hips and they do all those things. I don’t have those problems."
"I this, I that" = I fuck porn stars behind my wife's back.
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Old 01-18-18, 01:22 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

<iframe src="https://www.facebook.com/plugins/video.php?href=https%3A%2F%2Fwww.facebook.com%2Fmoveon%2Fvideos%2F10155096069735493%2F&show_text=0&w idth=560" width="560" height="315" style="border:none;overflow:hidden" scrolling="no" frameborder="0" allowTransparency="true" allowFullScreen="true"></iframe>
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Old 01-18-18, 01:23 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Just watched a sequence about the father of a family who was deported because he just missed the tenuous DACA reqs by a year. (The story has been in the news.)

The hosts asked his 12-year-old son how he felt and the boy simply broke down and wept.

To you conservatives joking about how liberals in this forum are 'angry' THIS is just one of the many things we are angry about.

So yeah, joke about pitchforks.
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Old 01-18-18, 01:25 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Did anyone mention that Apple is paying $38B in taxes to repatriate some of their overseas money back into the US because of the tax cut? And giving out $2500 in stock to every employee.

Apple was always the worst about hiding their money overseas, now it looks like they are bringing $250B into the US and investing into hiring 20,000 new employees and building a new campus.
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Old 01-18-18, 01:26 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Trump's policies and general assholery may have an impact on the USA's joint bid with Canada and Mexico for the 2026 World Cup. This would be a huge revenue loss (the World Cup held in the U.S. in 1994 is generally considered one of the most profitable tournaments for everyone involved). As the article states, the bid had initially been considered a lock. Of course, the bulk of the loss would be felt after Trump leaves office, regardless of whether he's impeached, doesn't run again, or serves two full terms.

http://www.latimes.com/sports/soccer...116-story.html
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Old 01-18-18, 01:29 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by mcnabb View Post
I just went on Wikipedia, and it has that same number of 'Households' with $50,000 or under at 51%, so who knows what the exact number is. What you aren't taking into account in that number is retired households who live on fixed income, and we are not talking about them.

I don't know what the amount of retired people there are in this country, but it's a good amount, and I'm sure most of them are making under $50,000 from Social Security and their retirement. But again, that is not who we are talking about.

We are talking about non-retirees, people that are in the workforce now, and that will make that number bigger regarding the households that make more then $50,000 a year. In fact, I will say that most people I'm talking about our married with kids who seem to live above their means. Most single people without kids don't live above their means because they have very little bills.
You maybe right on the %. I found this that closer to 44% that make $50k or under

https://www.statista.com/statistics/...ome-in-the-us/

But regardles of % my point stands. There is a very large contingent of households who don’t have the money to “leave beyond their means”.

Those are the ones Trump needs to be helping. Not the ones making tons on the stock market.

Anyway...I’m not disagreeing with you. I just don’t agree that it is a widespread issue.
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Old 01-18-18, 01:30 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by PerryD View Post
Did anyone mention that Apple is paying $38B in taxes to repatriate some of their overseas money back into the US because of the tax cut? And giving out $2500 in stock to every employee.

Apple was always the worst about hiding their money overseas, now it looks like they are bringing $250B into the US and investing into hiring 20,000 new employees and building a new campus.
As I mentioned earlier after I posted Dow 26,000, you won't see any positive stuff posted in this thread, as your post must start off with 'Trump is an asshole'......
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Old 01-18-18, 01:33 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by PerryD View Post
I'm starting to think it's not really about Trump, but just a general dislike of Republicans and their conservative platform.
You are correct, it's not just about Trump. It's about anyone who supports a lying racist misogynist. I hope that every politician who supports this buffoon becomes unelectable.

Originally Posted by PerryD View Post
Did anyone mention that Apple is paying $38B in taxes to repatriate some of their overseas money back into the US because of the tax cut? And giving out $2500 in stock to every employee.

Apple was always the worst about hiding their money overseas, now it looks like they are bringing $250B into the US and investing into hiring 20,000 new employees and building a new campus.
"Let me be clear: There are large parts of this that are a result of the tax reform, and there's large parts of this we would have done in any situation." - Tim Cook, Apple CEO
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Old 01-18-18, 01:40 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by inri222 View Post
"Let me be clear: There are large parts of this that are a result of the tax reform, and there's large parts of this we would have done in any situation." - Tim Cook, Apple CEO
Okay? So you agree with me on this one?

Here is a larger portion of the interview in context:

In a one-on-one with reporter Rebecca Jarvis, Cook explained that recent U.S. tax policy changes allowed for the huge capital commitment. Still, the executive insists that some changes, perhaps the grant of employee stock bonuses, would have been made "in any situation."

"Let me be clear, there are large parts of this that are a result of the tax reform, and there's large parts of this that we would have done in any situation," Cook said.

Jarvis suggested President Trump's tax bill is a "huge windfall" for Apple, a statement Cook did not directly refute.

"There are two parts of tax bill, there's a corporate piece and an individual piece," Cook explained. "I do believe the corporate tax side will result in job creation and a faster growing economy."
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Old 01-18-18, 01:41 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by PerryD View Post
Did anyone mention that Apple is paying $38B in taxes to repatriate some of their overseas money back into the US because of the tax cut? And giving out $2500 in stock to every employee.

Apple was always the worst about hiding their money overseas, now it looks like they are bringing $250B into the US and investing into hiring 20,000 new employees and building a new campus.
Honestly, good for them. I'm not a fan of the company by any means, but this is a positive change.

Now we just need Amazon to step up as well and pay their warehouse employees a decent living wage. I read recently that many of them are on food stamps.
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Old 01-18-18, 01:45 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by Dan View Post
Honestly, good for them. I'm not a fan of the company by any means, but this is a positive change.

Now we just need Amazon to step up as well and pay their warehouse employees a decent living wage. I read recently that many of them are on food stamps.
It is interesting that Jeff Bezos, the mortal enemy of Trump, is now the world's richest person at $105B (probably closer to $110B based on the increase since that total was reported).
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Old 01-18-18, 01:59 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

THERE XI GOES AGAIN
It’s official—Trump is behind Putin and Xi in the global popularity contest


US president Donald Trump came to office promising an isolationist foreign policy, which put “America First,” above the rest of the global order. He has actively rejected taking global leadership.

The world has responded by rejecting him, according to a poll released today (Jan. 18). Gallup asked about 1,000 people in 134 countries whether they approved of American, German, Chinese, and Russian leadership. They found that the number of people who approved of US leadership had dropped 18 points compared to Barack Obama’s last year in office. When you factor in the 43% who disapprove of America’s leadership, Trump now has a global net approval rating lower than Russia’s Vladimir Putin and China’s Xi Jinping.

<div class="atlas-chart" data-id="Hy59WlREf" data-width="640" data-height="449"><img src="https://www.theatlas.com/i/atlas_Hy59WlREf.png" style="max-width: 100%;"></div><script src="https://www.theatlas.com/javascripts/atlas.js"></script>

<div class="atlas-chart" data-id="HJoFXeAVf" data-width="640" data-height="449"><img src="https://www.theatlas.com/i/atlas_HJoFXeAVf.png" style="max-width: 100%;"></div><script src="https://www.theatlas.com/javascripts/atlas.js"></script>

<div class="atlas-chart" data-id="Hk--peAEM" data-width="640" data-height="449"><img src="https://www.theatlas.com/i/atlas_Hk--peAEM.png" style="max-width: 100%;"></div><script src="https://www.theatlas.com/javascripts/atlas.js"></script>

https://qz.com/1182741/gallup-poll-d...nd-xi-jinping/
Let's see if I can do this right:

Spoiler:
Who gives a fuck what the rest of the world thinks!
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Old 01-18-18, 02:02 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Why wasn't the approval rating higher than 45% under Obama?
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Old 01-18-18, 02:09 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by PerryD View Post
Why wasn't the approval rating higher than 45% under Obama?
Because the US is a war monger.
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Old 01-18-18, 02:16 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by PerryD View Post
Okay? So you agree with me on this one?
Originally Posted by PerryD View Post
Why wasn't the approval rating higher than 45% under Obama?
Yes I agree, Trump is wonderful and Obama is horrible.

Let's continue scraping that barrel.
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Old 01-18-18, 02:21 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by PerryD View Post
Why wasn't the approval rating higher than 45% under Obama?
Why isn't this response about Trump instead of Obama?
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Old 01-18-18, 02:23 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by PerryD View Post
Did anyone mention that Apple is paying $38B in taxes to repatriate some of their overseas money back into the US because of the tax cut? And giving out $2500 in stock to every employee.

Apple was always the worst about hiding their money overseas, now it looks like they are bringing $250B into the US and investing into hiring 20,000 new employees and building a new campus.
That's not quite true. SOME employees.

Originally Posted by mcnabb View Post
As I mentioned earlier after I posted Dow 26,000, you won't see any positive stuff posted in this thread, as your post must start off with 'Trump is an asshole'......
It would help if it started with something that is a bit out of vogue these days.... truth.

It is NOT true that EVERY Apple employee will receive $2500 in stock. If you are not discerning enough to have spotted that, why should anyone believe any "good news" you post?
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Old 01-18-18, 02:24 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by PerryD View Post
Yeah, I was told to retreat to a safe space. I'm starting to think it's not really about Trump, but just a general dislike of Republicans and their conservative platform.
In some cases, sure. But Trump is very, very different - authoritarian, racist, not to mention personally distasteful. I'm socially very liberal but center-right on economic/foreign policy issues, so I generally have mixed views about Democratic and Republican presidents. Not Trump - I just can't stand the guy, full stop.
Originally Posted by PerryD View Post
I'm sure all of the 2018 political ads will be the same though, I'm seeing it already in the "Reject the Trump/Rauner platform, vote for our Billionaire instead!" ads that I'm seeing now in Illinois for the governor's race, trying to tie any Republican to a unfavorable President.
There is absolutely nothing new about this, the only difference is that Trump is even more polarizing than ________________ (fill in your favorite polarizing politician from the recent past - Jesse Helms, Ted Kennedy, George W Bush, Hillary Clinton, etc.)
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Old 01-18-18, 02:26 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by PerryD View Post
Why wasn't the approval rating higher than 45% under Obama?
I think that partisanship will always account for most of the approval #'s. The (D) or (R) is all that matters to most people. It's a few percent of voters who decide elections and approval numbers. Most people are unwilling to change parties.
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Old 01-18-18, 02:33 PM
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re: Official Trump Presidency Thread Part 2: Hope Floats

Originally Posted by sracer View Post
That's not quite true. SOME employees.

It would help if it started with something that is a bit out of vogue these days.... truth.

It is NOT true that EVERY Apple employee will receive $2500 in stock. If you are not discerning enough to have spotted that, why should anyone believe any "good news" you post?
Okay, I googled again, and the Bloomberg link says "Most". Is that better? It looks like it is only being given to those under the director management level.

Oh, even your link says "Most", why did you say "Some"? Ranting that I'm a big liar for misreading an article, then downplaying how many are getting the award is a bit hypocritical.

Last edited by PerryD; 01-18-18 at 02:39 PM.
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