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09-17-2020, 10:26 PM
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#61
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Registered User
Join Date: Aug 2004
Location: Behind the Pine Curtain
Posts: 10,638
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Quote:
Originally Posted by thaskalos
If you used the stock market as a vehicle for your retirement...you should have done just fine with Obama. During Obama's presidency, the Dow Jones index increased from 7,949 to 19,732...a gain of 11,783 points. During Trump's presidency, the same index has gone from 19,732 to 27,902...a gain of 8,170 points. The stock market investor almost tripled his money during the Obama years.
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This should have been easy for someone of average intelligence, but here goes...
Also, let me correct you. The DOW hit 29,551 last February. Your 27,902 figure is useless to me
Obama= 8 years, 11,782 gain = 1,472 per year gain
Trump= 3 years, 9,819 gain = 3,273 per year gain
I would go on about reinvesting capital, but I think it would be a waste of my time. The acceleration of the markets, and the opportunities available, were fkn outstanding the 2.5 years I ran hard (3/2107 to about 10/2019). It allowed me to kick back, coach chess (as I have posted) buy real estate this summer (as I have posted). The gains during the Obama admin were slow. Not bashing it, but in comparison to the past 3.5 years there's.... no comparison
__________________
“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,” -Joe Biden
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09-17-2020, 10:42 PM
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#62
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Registered User
Join Date: Mar 2017
Location: Baystater
Posts: 3,475
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Quote:
Originally Posted by mostpost
Seriously, how difficult would it have been to click on that button that said continue to Joe Biden.com? On the other hand, had you done that, you might have learned something. And Tom thinks Democrats are dumb.
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Lets check out what Demetia Joe's website doesn't tell us.
Biden has often said that he marched in civil rights demonstrations, but aides would remind him that he did not personally participate. Earlier this year, he claimed that he was arrested in South Africa in the 1970s while trying to see Nelson Mandela, but his campaign later clarified that he was just separated from them at the airport.
In the 1970s, Biden worked with segregationist senators to oppose federally mandated integration busing, calling it a matter of “black pride.”
And he was friendly with segregationist senators such as Jesse Helms, James O. Eastland, and Herman Talmadge. "All these men became my friends,” Biden said in his 2008 farewell address to the Senate. He called South Carolina Sen. Strom Thurmond one of his “closest friends.”
Biden’s history of racial blunders, such as calling Obama "articulate and bright and clean,” telling a largely black audience that Republican 2012 presidential nominee Mitt Romney would “put you all back in chains," and saying that he can’t go into a 7-Eleven without hearing “a slight Indian accent," don’t help.
Last summer, ex-presidential hopeful New Jersey Sen. Cory Booker called Biden an “ architect of mass incarceration” after Biden released his criminal justice reform plan.
Most memorably, California Sen. Kamala Harris put Biden on blast during the first Democratic presidential primary debate for opposing federally mandated integration busing and working with segregationists in the 1970s. “It was hurtful to hear you talk about the reputations of two United States senators who built their reputations and career on the segregation of race in this country," said Harris.
Biden often grows visibly agitated when challenged on his civil rights record.
In a May radio interview days before Floyd’s death that ended with Biden suggesting that black people having trouble deciding whether to vote for him or Trump “ ain’t black,” the candidate grew visibly agitated when host Charlamagne tha God questioned Biden on the 1994 crime bill.
Biden now claims to be a leader in the quest to end racism. But the question for Biden is whether he can lead that movement amid questions about his record and his reluctance to atone for it or whether voters driven to action by Floyd’s death and the resulting protests loathe Trump enough that the messy portions of Biden’s background will not discourage them from voting for him.
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09-17-2020, 10:54 PM
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#63
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Registered User
Join Date: Aug 2004
Location: Behind the Pine Curtain
Posts: 10,638
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Quote:
Originally Posted by jimmyb
Lets check out what Demetia Joe's website doesn't tell us.
Biden has often said that he marched in civil rights demonstrations, but aides would remind him that he did not personally participate. Earlier this year, he claimed that he was arrested in South Africa in the 1970s while trying to see Nelson Mandela, but his campaign later clarified that he was just separated from them at the airport.
In the 1970s, Biden worked with segregationist senators to oppose federally mandated integration busing, calling it a matter of “black pride.”
And he was friendly with segregationist senators such as Jesse Helms, James O. Eastland, and Herman Talmadge. "All these men became my friends,” Biden said in his 2008 farewell address to the Senate. He called South Carolina Sen. Strom Thurmond one of his “closest friends.”
Biden’s history of racial blunders, such as calling Obama "articulate and bright and clean,” telling a largely black audience that Republican 2012 presidential nominee Mitt Romney would “put you all back in chains," and saying that he can’t go into a 7-Eleven without hearing “a slight Indian accent," don’t help.
Last summer, ex-presidential hopeful New Jersey Sen. Cory Booker called Biden an “ architect of mass incarceration” after Biden released his criminal justice reform plan.
Most memorably, California Sen. Kamala Harris put Biden on blast during the first Democratic presidential primary debate for opposing federally mandated integration busing and working with segregationists in the 1970s. “It was hurtful to hear you talk about the reputations of two United States senators who built their reputations and career on the segregation of race in this country," said Harris.
Biden often grows visibly agitated when challenged on his civil rights record.
In a May radio interview days before Floyd’s death that ended with Biden suggesting that black people having trouble deciding whether to vote for him or Trump “ ain’t black,” the candidate grew visibly agitated when host Charlamagne tha God questioned Biden on the 1994 crime bill.
Biden now claims to be a leader in the quest to end racism. But the question for Biden is whether he can lead that movement amid questions about his record and his reluctance to atone for it or whether voters driven to action by Floyd’s death and the resulting protests loathe Trump enough that the messy portions of Biden’s background will not discourage them from voting for him.
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With a track record like that, what fine upstanding Democrat wouldn't be onboard?
__________________
“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,” -Joe Biden
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09-18-2020, 12:27 AM
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#64
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Registered User
Join Date: Aug 2004
Location: Behind the Pine Curtain
Posts: 10,638
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Quote:
Originally Posted by mostpost
Seriously, how difficult would it have been to click on that button that said continue to Joe Biden.com? On the other hand, had you done that, you might have learned something. And Tom thinks Democrats are dumb.
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OK I clicked. Not impressed
__________________
“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,” -Joe Biden
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09-18-2020, 07:40 AM
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#65
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Veteran
Join Date: Feb 2018
Posts: 845
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Quote:
Originally Posted by ElKabong
This should have been easy for someone of average intelligence, but here goes...
Also, let me correct you. The DOW hit 29,551 last February. Your 27,902 figure is useless to me
Obama= 8 years, 11,782 gain = 1,472 per year gain
Trump= 3 years, 9,819 gain = 3,273 per year gain
I would go on about reinvesting capital, but I think it would be a waste of my time. The acceleration of the markets, and the opportunities available, were fkn outstanding the 2.5 years I ran hard (3/2107 to about 10/2019). It allowed me to kick back, coach chess (as I have posted) buy real estate this summer (as I have posted). The gains during the Obama admin were slow. Not bashing it, but in comparison to the past 3.5 years there's.... no comparison
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Dang, this is bad. First cherry picking the peak in the DJIA (not a great indicator of market performance) during Trump's term, then comparing raw gain while talking about "reinvesting" capital. I don't have a dog in this fight, the stock market has done well under both Presidents. However, this analysis is brutal for making whatever point you're trying to make...
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09-18-2020, 10:44 AM
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#66
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Registered User
Join Date: Aug 2004
Location: Behind the Pine Curtain
Posts: 10,638
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Quote:
Originally Posted by JerryBoyle
Dang, this is bad. First cherry picking the peak in the DJIA (not a great indicator of market performance) during Trump's term, then comparing raw gain while talking about "reinvesting" capital. I don't have a dog in this fight, the stock market has done well under both Presidents. However, this analysis is brutal for making whatever point you're trying to make...
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No cherry picking, just followed the facts at the time. Also I sold a lot of stocks early and missed out on tops.
When it was clear trump was serious about bringing mfg jobs back, having quite a bit of experience in the field, the time was right to go in big with companies that would be in demand on the uptick. That wasn't that difficult to read, I wish I could have profited like this decades ago. I just didn't have the experience , plus the past 3 years have been "an epic buying opportunity " as ken moraif said back then
WW Grainger is about the only stock I didn't sell out totally by December, I still own some. The only non mfg (pure mfg) stock I went big on was Texas Instruments. I
cut my teeth there and knew they were in for a good run.
Important note on this, my wife was the one that told me 'trump is the only politician that says what he really means'. So it's not like you needed some crystal ball. The tax cuts helped grow the economy, businesses had confidence they hadn't had during the Obama administration. Finding the stocks that would benefit the most wasn't terribly difficult. Suppliers for mfg growth were going to take off.
__________________
“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,” -Joe Biden
Last edited by ElKabong; 09-18-2020 at 10:45 AM.
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09-18-2020, 09:25 PM
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#67
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Registered User
Join Date: Jan 2006
Posts: 28,540
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Quote:
Originally Posted by ElKabong
This should have been easy for someone of average intelligence, but here goes...
Also, let me correct you. The DOW hit 29,551 last February. Your 27,902 figure is useless to me
Obama= 8 years, 11,782 gain = 1,472 per year gain
Trump= 3 years, 9,819 gain = 3,273 per year gain
I would go on about reinvesting capital, but I think it would be a waste of my time. The acceleration of the markets, and the opportunities available, were fkn outstanding the 2.5 years I ran hard (3/2107 to about 10/2019). It allowed me to kick back, coach chess (as I have posted) buy real estate this summer (as I have posted). The gains during the Obama admin were slow. Not bashing it, but in comparison to the past 3.5 years there's.... no comparison
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Keep making things up if it makes you feel better, friend...it's no skin off MY nose. I learned all that I needed to know about you a few years ago, when you bragged about being a former "professional horseplayer". I challenged you to a handicapping contest on this board, to prove what a liar you were...and you responded by telling me that I would have to visit you in Dallas Texas if I wanted to compare horse picks with you, because you are some sort of "physicality" expert...who can't release his handicapping selections unless he first inspects the horses in the paddock.
But don't feel bad...you aren't the only bullshitter here. Boxcar also claimed to be a "handicapping expert", and I challenged HIM to a handicapping contest too. His response to me was that he was in the midst of updating his handicapping software with the help of his computer programming buddy. He told me to save my money, because he would take me on in a handicapping contest for serious money in "a week or two". But it's been over 6 months...and Boxcar, the "expert handicapper", is obviously too busy with his church functions.
But I must give you credit for now bragging about things that no-one can challenge you on. After all...there is no shortage of "financially free as a bird" guys on the internet.
__________________
Live to play another day.
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09-18-2020, 09:54 PM
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#68
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Registered User
Join Date: Aug 2004
Location: Behind the Pine Curtain
Posts: 10,638
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Quote:
Originally Posted by thaskalos
Keep making things up if it makes you feel better, friend...it's no skin off MY nose. I learned all that I needed to know about you a few years ago, when you bragged about being a former "professional horseplayer". I challenged you to a handicapping contest on this board, to prove what a liar you were...and you responded by telling me that I would have to visit you in Dallas Texas if I wanted to compare horse picks with you, because you are some sort of "physicality" expert...who can't release his handicapping selections unless he first inspects the horses in the paddock.
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Yeah, you backed away from that challenge. Imagine that
Posters here named Boris and ranchwest (as well as GR1) met me when I was playing professionally. They could attest to me being full time, and 80% plus of my bets were made by paddock inspection. Do a search on the poster Boris, back in 2003 or 2004 when I met him @ Sam Houston when I traveled there. I'll let his posts speak for me.
Here's another truth. I haven't bet a horse in over a year and a half, so I couldn't beat anybody in a handicapping contest right now. You should have taken me up on it. For 2.5 years I've been busy with the chess business, selling off the consulting business, hawking stocks, and lately, buying real estate behind the pine curtain (which we cut short- the market there is too hot now).
Hang in there, hoss. You'll be relevant someday
__________________
“We’re in a situation where we have put together, and you guys did it for our administration…President Obama’s administration before this. We have put together, I think, the most extensive and inclusive voter fraud organization in the history of American politics,” -Joe Biden
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09-19-2020, 08:04 AM
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#69
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$2 Showbettor
Join Date: Dec 2013
Location: The Villages
Posts: 2,578
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I’m going to vote for Trump(4th option), although I don’t think he has a chance. He’s said/tweeted too many stupid, insulting things. My wife(who voted for Hilary in 2016) will not vote for him but I convinced her not to vote for Biden. She will vote straight Republican but for president she will vote for Joanne Marie Jorgensen, the Presidential nominee of the Libertarian Party.
I wonder how many will do likewise? I believe that Bill Clinton got re-elected in 1996, he had an all-republican congress.
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09-22-2020, 01:48 PM
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#70
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Registered User
Join Date: Jun 2008
Posts: 10,154
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Quote:
Originally Posted by Redboard
I’m going to vote for Trump(4th option), although I don’t think he has a chance. He’s said/tweeted too many stupid, insulting things. My wife(who voted for Hilary in 2016) will not vote for him but I convinced her not to vote for Biden. She will vote straight Republican but for president she will vote for Joanne Marie Jorgensen, the Presidential nominee of the Libertarian Party.
I wonder how many will do likewise? I believe that Bill Clinton got re-elected in 1996, he had an all-republican congress.
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I'd rather have a vain, loud mouth like Trump who gets things done than a smooth talking weasel who only does what is required to maintain power. I pay no attention to Trump's vanity monologues. They aren't important in the end next to policy and enacted legislation and judgeships.
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