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Originally Posted By Wineraner: Willful ignorance is a shorter, likely more accurate reason. Doubt it's satire, though with Poe, who can say? It sucks that the Silicon Valley meme I saw leaving college---5+ new hired engineers renting a house, because it was the only way to afford a place to live there as a newly minted STEM professional---is now supposed to be the norm everywhere, and not just the Bay Area. An aside, you can tell young people that they'll be worse off for embracing a socialist solution, and you might even be right. If they're struggling hard enough now to make ends meet, they aren't going to care, so long as they get to see earlier, more successful generations suffer alongside them too. Heads on sticks, basically. Oh, and citing Saint Reagan as a beacon of responsible fiscal governance is hilarious. As David Stockman could have told you. The 80s were when we figured out we could put debt on the .Gov credit card and not worry about it, with the previous post WW2 trend of falling federal debt/GDP being dramatically reversed. But we all at the time got rich, inflation fell, and it's not like the Reagan generation was ever at risk of having to pay that back, right? @Foxtrot08, the Oil Guy, had a great point in one of these recent threads that the American economy has been fantastic at growing money, these last 40 years, but not so much at growing value. View Quote View All Quotes View All Quotes Originally Posted By Wineraner: Originally Posted By brownbomber: Originally Posted By chase45: Originally Posted By brownbomber: Is this satire? I honestly can't tell. Lol We actually did that for a good while IT WAS FUCKING AWFUL. DO NOT RECOMMEND Honestly about evens out anyways. The reusable ones dont last very long. Handful of times washed and they are ready to be tossed Throw in having to literally clean shit off of them the disposables are not that much more expensive. In the end everything is just pants on head retarded expensive Someone in another thread accused Chisum of being a childless boomer who is caustically indifferent to the suffering of younger Americans, which is something he took offense to. However, his post seems to typify this perceived sentiment, which is why I'm wondering if it's intended to be satirical. Willful ignorance is a shorter, likely more accurate reason. Doubt it's satire, though with Poe, who can say? It sucks that the Silicon Valley meme I saw leaving college---5+ new hired engineers renting a house, because it was the only way to afford a place to live there as a newly minted STEM professional---is now supposed to be the norm everywhere, and not just the Bay Area. An aside, you can tell young people that they'll be worse off for embracing a socialist solution, and you might even be right. If they're struggling hard enough now to make ends meet, they aren't going to care, so long as they get to see earlier, more successful generations suffer alongside them too. Heads on sticks, basically. Oh, and citing Saint Reagan as a beacon of responsible fiscal governance is hilarious. As David Stockman could have told you. The 80s were when we figured out we could put debt on the .Gov credit card and not worry about it, with the previous post WW2 trend of falling federal debt/GDP being dramatically reversed. But we all at the time got rich, inflation fell, and it's not like the Reagan generation was ever at risk of having to pay that back, right? @Foxtrot08, the Oil Guy, had a great point in one of these recent threads that the American economy has been fantastic at growing money, these last 40 years, but not so much at growing value. What happened to Foxtrot? I was thinking about him the other day, but couldn't remember his username. I haven't seen him post in a long time. |
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Originally Posted By deanwormer: Says the dad that doesn’t find time to be a father. View Quote “If you don’t want to work all day, night, and every second in between, your lazy and if you don’t succeed by working yourself into the ground you did not work hard enough”-someone here It’s almost like people don’t understand it’s not the 80/90s anymore, that “ working hard and playing by the rules” does not and and will not result in success. |
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Originally Posted By kevins_garage: I'm not going to say you're lying, but I would certainly like to see a pic of that receipt. View Quote View All Quotes View All Quotes Originally Posted By kevins_garage: Originally Posted By chase45: Bought diapers, 1 gallon of milk, some bread and wipes yesterday 130 bucks I'm not going to say you're lying, but I would certainly like to see a pic of that receipt. We buy Costco Kirkland diapers and they are about $40 a box. Pretty normal to pick up 2 boxes at a time. Throw in milk, bread, a box of wipes at $10-20 bucks, and taxes.....real easy to see how that trip could add up to $130. |
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Originally Posted By Hesperus: It does, doesn't it? Speaking strictly from my own experience it can be challenging to talk someone out of suicidal ideation. How does one talk an entire culture out of it? View Quote Stop blaming it for everything wrong in the world and terminate the ones tell it kill itself. “The west isn’t committing suicide it’s being murdered, and those were doing it have names and addresses”-Sam Hyde |
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Originally Posted By HLB0302: My favorite is when the boomers give the "do without" speech then in another thread admit they wouldn't be able to afford their current house if they didn't buy it when the dino's roamed the earth. View Quote Shit, I am a millennial and I wouldn't want to buy my house NOW. I paid 260k for my house 10yrs ago. I could sell it for close to 600k. No fucking way I would want to be buying it now at 5-6% interest. |
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Originally Posted By thejokker: One Bedroom apartment = $1800/00 Two bedroom apartment = $2200.00. So get a roommate and it becomes $1100.00 each. Live two to a room dorm style and it become $550.00 each. View Quote That would require some sacrifice. Nah fuck that lets just bitch. Every generation has their issues. My dad was drafted into Vietnam, bet that sucked way worse than not having gourmet protein bars and double venti frappy mocha. |
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Originally Posted By NotJackMiller: I love beating down on complainers like most of GD but he has a real point. Try thinking about it some. What is the compensation rate of a job that "pays well"? It's probably easy to put in terms of minimum wage and age, right? So a job that pays well when you're twenty might be twice minimum wage or about 30k right now, and a job that pays well when you're 40 might be ten times minimum wage or 150k right now. That's in 2024. In 2001, those numbers would be about 20k and 100k. It might be a little high or low, but that is not relevant to my point. Now look at housing price inflation. The assumption is that the monthly cost of a rental will vary in proportion to the cost of buying a similar home fairly across the board, or at least in the middle. Let's look at a basic starter home that might cost $150k today. Now use the U.S. Bureau of Labor Statistics housing price history to see what that house would be worth in a year that a boomer might have been looking to buy their first house, say, 1967. The same value of house that cost $150,000 now would have cost about $16,800 in 1967. Inflation sucks, right? Now consider those prices as a factor of minimum wage. Since minimum wage is ostensibly adjusted for inflation, we are factoring inflation out and can make a direct comparison. Federal hourly minimum wage is 7.25. That means that the cost of the first home is about twelve thousand times minimum wage. The cost of the 150k home today is about twenty-five thousand times minimum wage. The conclusion is pretty simple and should be clear to anyone with a brain. After adjusting for inflation, the cost of housing since boomers were starting out and buying their first homes has more than doubled. View Quote So what you’re saying is make it harder to get a job by requesting more education/credentalism, print more money for welfare for millions of new invaders who will magically reduce housing costs?/s |
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Originally Posted By 4Teen_R: Fuck this Nic guy. Douche canoe could be out digging some ditches, but goes on the Tic Tok to cry about...something. I don't even know what he wants. Cry baby should go live in N. Korea for a year, then make a new Tic Toks. View Quote And what about when they make North Korea come to you? |
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It’s… probably not as bad as you think it is.
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Originally Posted By brownbomber: What happened to Foxtrot? I was thinking about him the other day, but couldn't remember his username. I haven't seen him post in a long time. View Quote He's around. I saw that tidbit from him a day or so ago. Wanted to tip my hat to a succinct explanation of the issue. I'll see if I can find the post(s). These threads are really repetitive, kind of pointless, and a lot of us have better things to do. I should be doing them, actually. |
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No struggling hot babes no care.
Real men don't whine. |
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"I got this. We'll skip the dicks" DK-Prof 12/7/21
Fuck sugar |
Originally Posted By Hesperus: And this is one of the biggest things these threads keep coming back to. It is simply too expensive for middle class people in the developed world to have children. Its fine for the upper and lower classes. They don't care about anything. But for those who actually count their pennies it's just not financially viable. And when something isn't financially viable in a corporatist system the only option is to cut it out of your life like a tumor. View Quote View All Quotes View All Quotes Originally Posted By Hesperus: Originally Posted By Third_Rail: Kids are both obscenely expensive and worth every cent. And this is one of the biggest things these threads keep coming back to. It is simply too expensive for middle class people in the developed world to have children. Its fine for the upper and lower classes. They don't care about anything. But for those who actually count their pennies it's just not financially viable. And when something isn't financially viable in a corporatist system the only option is to cut it out of your life like a tumor. And that’s the thing, even if you do keep grinding it out and finally get your head above water, do you really want your children to go through the same thing or even worse? So many young people say they don’t want to have kids just because they’d be condemning them to a life of pointless suffering. All you’re doing is working to stay alive, there’s no real joy or happiness to it. I personally don’t hold that belief but if you really don’t feel like you have anything better to offer hypothetical kids, I understand why so many people have that position. |
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I'm gonna try my best to spend less than $2000 buying shit at the Hamvention this year.
That reminds me, gotta send in one of the last mortgage payments. Living like a poor pays off, I suppose. |
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Award: 24/365 Most likely to be an appendix.
"Arfcom makes me happy. Arfcom is like a giant, heavily armed, dysfunctional family that smells like cheetos and gun oil." - Undefined |
why, oh why GOD WAS I BORN IN CALIFORNIA..
AK, USA
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Originally Posted By TFL: absolutely , my nephew took trade classes thru high school, started working right out of school hard work at a yard had him getting an apprentice gig with an electrical contractor, now at 21 he rents his own house, has a harley, boat, newish truck, last year he made over 90 grand with overtime. hard work is paying off already View Quote Wow. |
RIP Tamurand a damn fine Rhodesian Ridgeback 02-09-14
RIP Kaya, an equally fine Yellow Lab 06-08-2015 RIP Millie the Destroyer, AKA ShitTrumpet, WCCorgi 12-21-2015 NORCAL CALLSIGN: YODEL Happy to be in ALASKA! |
3x's the fed minimum wage is about $21...
Everyone seems to be forgetting very few places in the US pay the Fed minimum wage any more. Most states are well about that. Last week, California just up'ed their min to $20... Around here on Long Island, McDonalds starting pay is $20... So this guy has a job paying "teenager entry level" money, and wonders why he cant get ahead? Seriously? Places like starbucks and McDonalds are not careers until you get to the manager level, which very few do... They are jobs to start out, get some work experience, get a healthy work ethic, and get a recommendation to go find a better job. That cycle may take two or three times doing that, before you land in a career. If you have zero skills and do nothing to change that, it may be a loooong time before you ever get higher than entry level jobs. |
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Originally Posted By ramairthree: Basically, in this thread, A boomer will rant the guy needs to vote Republican and work overtime. Even if the guy already does. And the Ranter will leave out they voted Democrat 87% of the time in their lives at the behest of their union. Someone else will talk about roommates, coupons, etc. and how they afforded rent 20 or 40 years ago. It will completely be unable for them to accept the apartment they paid 600 bucks a month for in today’s dollars is now an 1800 dollar a month apartment. Another boomer will talk about how whiny punks like this kid with no sense of responsibility or duty have ruined this country. In another thread they will brag of smoking weed, dropping acid, and moving from relative to relative, town to town, doing odd jobs for cash under the table riding out a draft notice ever getting to them. Another boomer will say this loser needs to make more than minimum wage. Even if he does. They will then talk about how they started at three times minimum wage in their first job and you never heard them whine. And will refuse to accept that in 1968 their 3x minimum wage in 1968 was like 43 bucks an hour in today’s dollars. Not 21. Another boomer or two will chime in how they started their own business, built their own house, managed their bills, etc. and try to give the impression they are some big entrepreneur and master builder. The reality is they were a single truck /single worker tradesman dodging vehicle insurance, leaving his family with no medical insurance until aging into MC, that were essentially handed a lot at cost that wouldn’t perc, with septic and water problems in a dinky crap hole that won’t pass code/can’t be sold. Despite all objective data regarding land costs, home costs, education costs, transportation costs, medical costs, insurance costs, household income, pension availability, merit based scholarships, home sizes, etc. over the past 50-60 years 87% of posters will dogpile on the guy regarding how much harder and more expensive stuff was then, everyone they know started in an 870 home, never had a job with medical benefits or a pension, etc. View Quote Attached File |
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i'm your huckleberry. that's just my game.
MT, USA
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Originally Posted By odiedodi: It's amazing how many illiterate millionaires we have on this site. The fact that the developmentally challenged can still succeed is proof of god's love. View Quote |
I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
i'm your huckleberry. that's just my game.
MT, USA
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Originally Posted By ExtraHardTaco: This. GD is like those people you meet in life that love to run their mouth but suck at listening, they don't want to actually engage with you in actual conversation, they just want to hear themselves talk. View Quote |
I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
i'm your huckleberry. that's just my game.
MT, USA
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Originally Posted By Agilt: Fuck, that's been true almost all my life, or a least the part post 2001. View Quote |
I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
Thread has not disappointed thus far.
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I sympathize somewhat, but here are a few things to consider:
The guy is making $22/hr. Dish washers in CA now make $20 MINIMUM. He needs to get a better job, and to do that he needs to become MORE VALUABLE to an employer. When I was a young lad, I made the minimum wage of $1.65. You read that right. If I had been making 3X ($4.95), I could not have afforded to do jack sh*t on that wage. He might have voted R, or maybe not. Doesn't matter. Unless him and all his friends and their friends vote R, the Rs cannot help them. Elections have consequences. Voting has consequences. He needs to get a trade, or a STEM degree. Become more valuable. He also needs to get a roommate or three. You know, someone to share the rent with until he has the cash to go it alone. Bidenflation isn't going anywhere soon. Sucks, but that's the way it is. |
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i'm your huckleberry. that's just my game.
MT, USA
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I have a dream that my four children will one day live in a nation where they will not be judged by the colour of their skin but by the content of their shitpoast. - sierra-def
membership courtesy of TMS. thanks buddy! |
Originally Posted By KILLERB6: It’s pretty easy to guess, though…>2 out of 3 zekes and millies are liberals. https://www.ar15.com/media/mediaFiles/18716/IMG_1719-3043370.jpg View Quote Hate to break it to ya, but not every independent is a liberal. Some of us just don’t want to associate with the joke that is the Republican Party. |
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Originally Posted By eagarminuteman: Who sent out all the checks and stuff during Covid? View Quote Pales in comparison to what's going on now. And it's not going to stop until: The War on Energy is squashed. The border crashers are stopped. You know, the guys competing with the least skilled Americans for a job, and competing with Americans for lowest rent housing. They hot-cot it, 10 to an apt. IDK any Americans willing to do that, do you? |
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This is where you point out that an $1800/mth apartment on a take-home of $2800/ mth doesn’t work.
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Originally Posted By Lou_Daks: Pales in comparison to what's going on now. And it's not going to stop until: The War on Energy is squashed. The border crashers are stopped. You know, the guys competing with the least skilled Americans for a job, and competing with Americans for lowest rent housing. They hot-cot it, 10 to an apt. IDK any Americans willing to do that, do you? View Quote I voted for the less retarded option in 2020. I’ll likely vote for him again. But the inflation started on his watch. He spent a shitload of money and expected what? Prices to not go up? What a joke. |
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Originally Posted By jerrwhy01: Is this the part where GD will pounce on this guy for daring to complain, not pulling himself up by his bootstraps, or getting a better paying job? Is this also the part where GD will have a thread bitching, moaning, and pissing about inflation and how everything is so expensive but refuses to pull themselves up by their bootstraps or get a better paying job? View Quote You mean there's differing opinions in GD?!? Shocking... |
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Originally Posted By jerrwhy01: Is this the part where GD will pounce on this guy for daring to complain, not pulling himself up by his bootstraps, or getting a better paying job? Is this also the part where GD will have a thread bitching, moaning, and pissing about inflation and how everything is so expensive but refuses to pull themselves up by their bootstraps or get a better paying job? View Quote |
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Originally Posted By eagarminuteman: I voted for the less retarded option in 2020. I’ll likely vote for him again. But the inflation started on his watch. He spent a shitload of money and expected what? Prices to not go up? What a joke. View Quote Inflation started on Biden's inaugural. Look at the chart. Energy cos. saw the writing on the wall. Biden declared war on them and they passed the cost onto America. Apt. owners ditto. They can charge what they want and rent to the illegals who are more than happy to pay and jam in 10 per unit. Ask me how I know about owning rentals. That's the way elections work. |
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Originally Posted By brownbomber: What happened to Foxtrot? I was thinking about him the other day, but couldn't remember his username. I haven't seen him post in a long time. View Quote View All Quotes View All Quotes Originally Posted By brownbomber: Originally Posted By Wineraner: Originally Posted By brownbomber: Originally Posted By chase45: Originally Posted By brownbomber: Is this satire? I honestly can't tell. Lol We actually did that for a good while IT WAS FUCKING AWFUL. DO NOT RECOMMEND Honestly about evens out anyways. The reusable ones dont last very long. Handful of times washed and they are ready to be tossed Throw in having to literally clean shit off of them the disposables are not that much more expensive. In the end everything is just pants on head retarded expensive Someone in another thread accused Chisum of being a childless boomer who is caustically indifferent to the suffering of younger Americans, which is something he took offense to. However, his post seems to typify this perceived sentiment, which is why I'm wondering if it's intended to be satirical. Willful ignorance is a shorter, likely more accurate reason. Doubt it's satire, though with Poe, who can say? It sucks that the Silicon Valley meme I saw leaving college---5+ new hired engineers renting a house, because it was the only way to afford a place to live there as a newly minted STEM professional---is now supposed to be the norm everywhere, and not just the Bay Area. An aside, you can tell young people that they'll be worse off for embracing a socialist solution, and you might even be right. If they're struggling hard enough now to make ends meet, they aren't going to care, so long as they get to see earlier, more successful generations suffer alongside them too. Heads on sticks, basically. Oh, and citing Saint Reagan as a beacon of responsible fiscal governance is hilarious. As David Stockman could have told you. The 80s were when we figured out we could put debt on the .Gov credit card and not worry about it, with the previous post WW2 trend of falling federal debt/GDP being dramatically reversed. But we all at the time got rich, inflation fell, and it's not like the Reagan generation was ever at risk of having to pay that back, right? @Foxtrot08, the Oil Guy, had a great point in one of these recent threads that the American economy has been fantastic at growing money, these last 40 years, but not so much at growing value. What happened to Foxtrot? I was thinking about him the other day, but couldn't remember his username. I haven't seen him post in a long time. I live. Here's my posts - about housing prices: So this is a fractional lending pyramid scheme. We’ve seen it on arfcom. How many times have you heard the advice that you should get a rental? Major investment companies are both buying houses themselves and funding third party companies to buy houses in cash. Now that those houses are paid for, they can loan against them. Fractional lending. This money can be dumped back into the market, or otherwise utilized. What is going to happen and we are seeing this now, thus the thread. The eyes are on them. So the large companies will start to pull out of this market. Smaller companies will be buying up the assets. Then get caught when regulationation happens upon them. The next scam that is brewing is apartments. It’s already starting on the small scale. What do you think is going to happen to the billions of square feet of office space that isn’t being utilize and whose rent comes up in the next 1-3 years or less? Apartments. Cost saving apartments. As these companies, who own and are buying these towers, won’t go broke on their billions of dollars of investments in this infrastructure and property. They’re going to come up with “luxury” low cost apartments in these spaces. And suddenly solve the housing “crisis” that they fixed. In the meantime, your normal person will be getting caught with their pants down as their 800k house they bought in 2023, is actually only worth 300k. So they will be in negative equity city down the road, when no one can afford houses. It’s a pump and dump pyramid scheme. No different than corporate raiding of companies in the 80s and 90s. Just a different market. To further my above thought instead of an edit. Boomers and the generation before them (I refuse to say the greatest anymore) - are focused on creating money, not value. This was brought to me in another thread yesterday. When I was told I should sell my company and just invest in the S&P500 instead of dealing with a high risk, low margin business. Instead of creating value, people are concerned about creating money. This was the idea of corporate raiding and also off shoring production. Yes, it’s cheaper when you don’t actually have to build the thing you sell. It’s cheaper when you don’t have any employees. It’s cheaper when you’re just a brand trading cash. But there’s no value to that. You’re not creating anything. Same with eventually, the stock market. People will need fuels and lubricants for my entire life time. I provide a service and create a thing. It’s low margin, high risk. Where as right now the S&P is low risk. But, this too will change. Fractional lending will eventually be ground down by interest rates. And we will run out of money that can be produced. Then, we will have to create value again. Politicians don’t create value. They have never created value or a good in their life. All they do is create and spend money. |
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Direction, not intention, determines destination.
Integrity is the essence of everything successful. |
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Originally Posted By Lou_Daks: Infaltion started on Biden's inaugural. Look at the chart. Energy cos. saw the writing on the wall. Biden declared war on them and they passed the cost onto America. Apt. owners ditto. They can charge what they want and rent to the illegals who are more than happy to pay and jam in 10 per unit. Ask me how I know about owning rentals. That's the way elections work. View Quote We started seeing the effects of the government spending under Trump after Biden won sure. But that would have started under Trump regardless. You can’t run up a deficit of 3.1 trillion dollars, send thousands out to everyone and anyone, and expect prices to remain the same or go lower. It’s backwards economic thinking. |
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Stop. Voting. For. Democrats!.
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Originally Posted By odiedodi: Originally Posted By bulump: voting has consequences Nic expanded on his initial viral video and said he previously voted in favor of the Republican Party. Yeah but 87million of his friends and dead relatives didnt. |
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Originally Posted By PeepEater: It sounds better than "we elected a guy that initiated an unprecedented inflation that was rubberstamped by a bipartisan congress and was kept going by the next administration" View Quote LOL. Biden turbocharged inflation with declaring war on energy and opening the borders. Democrats have consequences. I take that back: Biden twin-turbo'd inflation and bumped the boost to max. |
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Originally Posted By eagarminuteman: We started seeing the effects of the government spending under Trump after Biden won sure. But that would have started under Trump regardless. You can’t run up a deficit of 3.1 trillion dollars, send thousands out to everyone and anyone, and expect prices to remain the same or go lower. It’s backwards economic thinking. View Quote Uh huh. It was just a mere coincidence that turbo-inflation BEGAN the exact day Biden was elected. |
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Originally Posted By chase45: Bought diapers, 1 gallon of milk, some bread and wipes yesterday 130 bucks View Quote We are buying Diapers for our brand new baby grand daughter. Unless you bought a helluva lot of Diapers... Your math is not adding up? At least in Texas..... Regardless, things are much more expensive. |
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Lifetime Member: National Rifle Association, Texas State Rifle Association and Gun Owners of America
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Originally Posted By Foxtrot08: I live. Here's my posts - about housing prices: So this is a fractional lending pyramid scheme. We’ve seen it on arfcom. How many times have you heard the advice that you should get a rental? Major investment companies are both buying houses themselves and funding third party companies to buy houses in cash. Now that those houses are paid for, they can loan against them. Fractional lending. This money can be dumped back into the market, or otherwise utilized. What is going to happen and we are seeing this now, thus the thread. The eyes are on them. So the large companies will start to pull out of this market. Smaller companies will be buying up the assets. Then get caught when regulationation happens upon them. The next scam that is brewing is apartments. It’s already starting on the small scale. What do you think is going to happen to the billions of square feet of office space that isn’t being utilize and whose rent comes up in the next 1-3 years or less? Apartments. Cost saving apartments. As these companies, who own and are buying these towers, won’t go broke on their billions of dollars of investments in this infrastructure and property. They’re going to come up with “luxury” low cost apartments in these spaces. And suddenly solve the housing “crisis” that they fixed. In the meantime, your normal person will be getting caught with their pants down as their 800k house they bought in 2023, is actually only worth 300k. So they will be in negative equity city down the road, when no one can afford houses. It’s a pump and dump pyramid scheme. No different than corporate raiding of companies in the 80s and 90s. Just a different market. To further my above thought instead of an edit. Boomers and the generation before them (I refuse to say the greatest anymore) - are focused on creating money, not value. This was brought to me in another thread yesterday. When I was told I should sell my company and just invest in the S&P500 instead of dealing with a high risk, low margin business. Instead of creating value, people are concerned about creating money. This was the idea of corporate raiding and also off shoring production. Yes, it’s cheaper when you don’t actually have to build the thing you sell. It’s cheaper when you don’t have any employees. It’s cheaper when you’re just a brand trading cash. But there’s no value to that. You’re not creating anything. Same with eventually, the stock market. People will need fuels and lubricants for my entire life time. I provide a service and create a thing. It’s low margin, high risk. Where as right now the S&P is low risk. But, this too will change. Fractional lending will eventually be ground down by interest rates. And we will run out of money that can be produced. Then, we will have to create value again. Politicians don’t create value. They have never created value or a good in their life. All they do is create and spend money. View Quote View All Quotes View All Quotes Originally Posted By Foxtrot08: Originally Posted By brownbomber: Originally Posted By Wineraner: Originally Posted By brownbomber: Originally Posted By chase45: Originally Posted By brownbomber: Is this satire? I honestly can't tell. Lol We actually did that for a good while IT WAS FUCKING AWFUL. DO NOT RECOMMEND Honestly about evens out anyways. The reusable ones dont last very long. Handful of times washed and they are ready to be tossed Throw in having to literally clean shit off of them the disposables are not that much more expensive. In the end everything is just pants on head retarded expensive Someone in another thread accused Chisum of being a childless boomer who is caustically indifferent to the suffering of younger Americans, which is something he took offense to. However, his post seems to typify this perceived sentiment, which is why I'm wondering if it's intended to be satirical. Willful ignorance is a shorter, likely more accurate reason. Doubt it's satire, though with Poe, who can say? It sucks that the Silicon Valley meme I saw leaving college---5+ new hired engineers renting a house, because it was the only way to afford a place to live there as a newly minted STEM professional---is now supposed to be the norm everywhere, and not just the Bay Area. An aside, you can tell young people that they'll be worse off for embracing a socialist solution, and you might even be right. If they're struggling hard enough now to make ends meet, they aren't going to care, so long as they get to see earlier, more successful generations suffer alongside them too. Heads on sticks, basically. Oh, and citing Saint Reagan as a beacon of responsible fiscal governance is hilarious. As David Stockman could have told you. The 80s were when we figured out we could put debt on the .Gov credit card and not worry about it, with the previous post WW2 trend of falling federal debt/GDP being dramatically reversed. But we all at the time got rich, inflation fell, and it's not like the Reagan generation was ever at risk of having to pay that back, right? @Foxtrot08, the Oil Guy, had a great point in one of these recent threads that the American economy has been fantastic at growing money, these last 40 years, but not so much at growing value. What happened to Foxtrot? I was thinking about him the other day, but couldn't remember his username. I haven't seen him post in a long time. I live. Here's my posts - about housing prices: So this is a fractional lending pyramid scheme. We’ve seen it on arfcom. How many times have you heard the advice that you should get a rental? Major investment companies are both buying houses themselves and funding third party companies to buy houses in cash. Now that those houses are paid for, they can loan against them. Fractional lending. This money can be dumped back into the market, or otherwise utilized. What is going to happen and we are seeing this now, thus the thread. The eyes are on them. So the large companies will start to pull out of this market. Smaller companies will be buying up the assets. Then get caught when regulationation happens upon them. The next scam that is brewing is apartments. It’s already starting on the small scale. What do you think is going to happen to the billions of square feet of office space that isn’t being utilize and whose rent comes up in the next 1-3 years or less? Apartments. Cost saving apartments. As these companies, who own and are buying these towers, won’t go broke on their billions of dollars of investments in this infrastructure and property. They’re going to come up with “luxury” low cost apartments in these spaces. And suddenly solve the housing “crisis” that they fixed. In the meantime, your normal person will be getting caught with their pants down as their 800k house they bought in 2023, is actually only worth 300k. So they will be in negative equity city down the road, when no one can afford houses. It’s a pump and dump pyramid scheme. No different than corporate raiding of companies in the 80s and 90s. Just a different market. To further my above thought instead of an edit. Boomers and the generation before them (I refuse to say the greatest anymore) - are focused on creating money, not value. This was brought to me in another thread yesterday. When I was told I should sell my company and just invest in the S&P500 instead of dealing with a high risk, low margin business. Instead of creating value, people are concerned about creating money. This was the idea of corporate raiding and also off shoring production. Yes, it’s cheaper when you don’t actually have to build the thing you sell. It’s cheaper when you don’t have any employees. It’s cheaper when you’re just a brand trading cash. But there’s no value to that. You’re not creating anything. Same with eventually, the stock market. People will need fuels and lubricants for my entire life time. I provide a service and create a thing. It’s low margin, high risk. Where as right now the S&P is low risk. But, this too will change. Fractional lending will eventually be ground down by interest rates. And we will run out of money that can be produced. Then, we will have to create value again. Politicians don’t create value. They have never created value or a good in their life. All they do is create and spend money. There he is. My gray matter knows you as "that oil guy," and you changed your avatar pic at some point. |
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DeltaElite777: It's not enough to just para bellum. If you really vis pacem, you gotta convince any potential troublemaker that not only can you push their shit in Genghis Khan-style, but you will.
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Originally Posted By Lou_Daks: LOL. Biden turbocharged inflation with declaring war on energy and opening the borders. Democrats have consequences. I take that back: Biden twin-turbo'd inflation and bumped the boost to max. View Quote Of course he did but let's not pretend that 2020 happened under Democrat watch. Don't forget who's signature is on TARP either. The GOP is just as guilty. Maybe even more so since they pretend to be fiscally responsible. |
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But he can afford a cell phone with unlimited data. He is a tick tock idiot.
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Soldier for Life
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Originally Posted By PeepEater: Of course he did but let's not pretend that 2020 happened under Democrat watch. Don't forget who's signature is on TARP either. View Quote Let's not forget who's sig is on Obamacare. Or Build Back Better. Or $60B in abandonded military gear that had to be replaced. Or a wide open border. Or the Inflation Protection Act. I could go on. ETA: Or the Russian invasion of Ukr. |
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Originally Posted By Lou_Daks: Uh huh. It was just a mere coincidence that turbo-inflation BEGAN the exact day Biden was elected. View Quote It would have started regardless of who was president. 2020 was an irresponsible spending year that flooded the market with money. You can’t increase the monetary supply like we did and expect things to remain the same. You can’t increase deficit spending and expect things to remain the same. The facts don’t support it. Blither blather all you want about “well it started on this day” it doesn’t change how much Trump spent. Don’t worry, I’ll still vote for the less retarded geriatric come November. |
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My old apprentice paid $1100 for his two bedroom that he split with a buddy.
He made over $100k a year with a high school diploma. I have no sympathy for people who choose to remain where they cannot "afford to live". |
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Originally Posted By eagarminuteman: It would have started regardless of who was president. 2020 was an irresponsible spending year that flooded the market with money. You can’t increase the monetary supply like we did and expect things to remain the same. You can’t increase deficit spending and expect things to remain the same. The facts don’t support it. Blither blather all you want about “well it started on this day” it doesn’t change how much Trump spent. Don’t worry, I’ll still vote for the less retarded geriatric come November. View Quote That's your theory and you're welcome to it. The charts don't lie. "Just a coincidence!" lol |
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