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bobknight33 (Member Profile)

newtboy says...

How stupid can Don be? No, really?
He’s terrified because on Monday “his” properties begin being seized. He has filed in court insisting it’s impossible for him to even get a bond for his judgement and can’t pay it so needs a stay or massive reduction, begging the court for leniency and mercy, and at the same time ranting on social media that he has $500 million in cash he could put up but he just doesn’t want to, the court is all corrupt and playing political games not applying laws, and he’s publicly thumbing his nose at them.
What do you think the court is going to do with that? 😂

It all crashes down Monday, when everything he owns gets seized and it’s still not enough to cover his debts, much less his upcoming multi million dollar legal bills from 4 criminal cases. It’s hilarious people believed he was so rich, thinking anything his name was on is his…it’s not. Even the few properties he “owns” are really usually owned 90-95% by banks or partners. My understanding is he has a $25 million mortgage on MarALago that’s only worth $18 million unincumbered! Guaranteed it’s not alone being underwater. Even at full face value, his NY properties won’t cover the debt. He really need Putin to rescue him….ain’t gonna happen.

bobknight33 (Member Profile)

newtboy says...

Don is losing it, knowing his entire net worth isn’t as much as he owes. Even using all his assets as collateral he can’t get a loan, maybe stiffing and cheating all those banks for decades wasn’t the best idea. Maybe inflating his net worth by 100-1000 times wasn’t the best idea. Maybe refusing to admit the frauds and settle despite the summary judgement wasn’t the best idea. Maybe hiring the worst lawyers in American history wasn’t the best idea. He has 4 days.

It begs the question…who actually owns his properties? We don’t know, but it’s not him. Who, exactly, is he beholding to, and what sway did they have while he was president? We know the Saudis own properties with and do business with him, and Russians. Almost certainly the Chinese too. Who else? Does who’s paying a politician and for what only matter for Biden but not Don?
Hilariously, when asked the total softball question “Is Don was looking to foreign countries like Saudi Arabia or China for help paying his judgement” instead of just saying “no, obviously not, he’s running for president and couldn’t do that owing a foreign country 1/2 billion dollars.” she instead declined to answer. HORRIFIC for the campaign.

Edit: Huzzah! The brand new this hour expanded powers of the financial monitor cover this eventuality, she must be informed 30 days before the execution of any transfers, purchases, sales, loan applications, bonds, basically any movement of money by the trumps (all of them)…for 3 years. This means he can’t get a foreign power or billionaire to pay his debt without disclosing it publicly. Any attempt by any Trump to circumvent the order is a violation and means prison.

Note, if he was correct that his properties were really worth 100 to 1000 times what he claims for tax purposes he would have no problem at all selling just one for way more cash than he needs, but he can’t. Why can’t he? Because 1) they are not worth more than the tax evaluations and 2) all his properties are already mortgaged to the hilt…he doesn’t own them the banks/business partners/foreign governments do. Most famously Trump tower that he only owns his apartment, a few offices, and the public lobby bathrooms, not the entire building by far….and that’s not an outlier it’s the norm.
So satisfying to watch a vitriolic con man get caught and taken down…don’t you think?

The failed sham impeachment hearings are a total unmitigated disaster and everyone can see it. 😂


It’s hilarious that they trapped themselves with this. They’ve done absolutely nothing else this term but accuse Biden, so they can’t abandon the fraud now…but it’s so embarrassing that the sham itself is turning their own voters away because it’s painfully obvious there will be no impeachment, there never was going to be one and now it’s not only proven to be a sham based on Russian misinformation but it’s also become numerically impossible, it’s all 100% for show and always was, and even conservatives want the government to do more than put on divisive political plays based on Russian propaganda at taxpayer expense. 😂

https://yt3.ggpht.com/X3o2PU_oYigHN3pBe9hC_ZSdzZkPwHQe3ei_usx4Wk1k9758YXL39gs1YGOFzCJo714Cop8H0Ubz=s1170-nd-v1

Q: are you still buying the bullshit lie that Don is saying Obama instead of Biden because Obama is pulling the strings even after he said “Biden beat Obama…beat Obabba”? Please, explain that bit of dementia for me. Is he now calling HIMSELF Obama/Obabba? 😂 (don’t worry, nobody expects you to be capable of explaining or even attempting to.)

Is Donald Trump a Fascist? | Robert Reich

newtboy says...

Another flat denial with absolutely zero facts…that’s what’s called infantile whining, bob.

“Stupid and gullible”…
Says the man who has gotten every single fact wrong over the last 10+ years.
Says the guy who says Jan 6 was a false flag.
Says the man who claimed the election was stolen (and believed the hundreds of lies that went along with the big lie).
Says the man who said it was a great time to go all in, mortgage the house, borrow all you can and buy all the Tesla stock you can when it hit $400, and continued the same advice as it plunged to near $100. Oddly enough, when it hit bottom, you stopped telling people to buy! WTF!?!
Says the man who denies climate change.
Says the man who said Jan 6 was non violent.
Says the man who said Mr Pelosi was attacked by his gay lover, not a typical violent MAGA nutjob trying to murder Nancy.
Says the man who said covid was a nothing burger requiring absolutely no action.
Says the man who said vaccines are more dangerous than the disease.
Says the man who was alive in 2020 but still tries to say Trump was great for the economy and Biden is bad.
Says the man who still believes the NEXT whistleblower against Hunter will finally be a real whistleblower with proof, not another Chinese spy or another paid actor with zero proof of anything.
Says the man who bought every single idiotic racist lie from Qanon for the last 8 years.
Says the man who, when presented with hundreds of high level republicans convicted of sex abuse and child sex crimes (and lists of hundreds and hundreds more in the wings), including your officially a rapist ex president, says “democrats, the party of debauchery” without being able to show any debauchery by democrats.

I could continue this list of things you got wrong all day long, just like I could send you page after page of high level republicans convicted of child rape and sex abuse charges all day long. You believe stupid nonsense propaganda and deny facts and statistics as a matter of course. You are always absolutely 100% certain of what you claim despite having zero evidence and being told by people who lied to you dozens of times before.

There has never, not for one second, ever been another person 1/2 as stupid or gullible as yourself here on this platform. You get everything 100% wrong, then disappear when you’re twisting and lying doesn’t convince a single person of your lies, then you return in a week with a new set of baseless lies and nonsense.

I’ve spent years debunking the insane right wing lies you spout with facts and figures and references telling you where they come from….you don’t give references because where your “information “ comes from is embarrassing….random internet trolls and disgraced sources like Glen Beck and Alex Jones who both have repeatedly and under oath admitted even they don’t believe 10% of the nonsense they spread, but it makes money selling anger and stupidity to morons, and you just love to lap it up.

It’s actually impressive you are so self unaware that you don’t see how wrong you have been consistently for over a decade. It takes some serious head in the sand denial of reality to be you.

bobknight33 said:

I walk in peace knowing that there are a very stupid and gullible people like you walking around.

Stealing Homes

newtboy says...

If this wasn’t Stossel, I might upvote, but because it is him, I’m feeling relatively certain that his eventual conclusion is faulty and many facts are just wrong. Remember, he’s the person who sued Facebook when he claimed the 2020 forest fires were primarily caused by forest mismanagement not climate change and Facebook labeled it “Missing Context. Independent fact-checkers say this information could mislead people.”

It’s a near certainty that salient facts are being hidden to make it seem local government is stealing houses over $8 bills. That is how Stossel “reports”. For instance, any loans, mortgages, judgements, fines, outstanding bills in collections, overdue taxes, the cost of seizure, the cost of the sale, the cost to bring the home into sellable condition, etc are all paid from the proceeds before the “owner” would have any claims….and the government gets to estimate the value at seizure and set the starting auction bid accordingly.

The IRS seizes homes around 300 times per year, most are worth less than the debt owed.

Asset forfeiture is wrong. It’s legalized theft. I wish I could trust the source enough to support this video.

When Gas Prices Are Too High Even For Motorcycles

cloudballoon says...

The typical Republicans behavior is signalling "Gas Prices are too damn high!" while telling their spouse "go mortgage the house and put everything into ExxonMobile and put a down payment on another V12!"

We WILL Fix Climate Change!

newtboy says...

I much prefer methods that don’t require inhuman suffering….like not making more in the first place. I suppose if I’m honest I believe it’s too late for that. Just like our consumption of oil that we know for a fact is killing us, our population continues to grow even though we can’t support the people already alive without mortgaging everyone’s future to do it temporarily.

We are driving at a cliff, seeing it’s there and being terrified….and just keep hitting the accelerator anyway. Humans don’t deserve a planet.

BSR said:

Putin's working on it. Hang in there.

Why I’m ALL-IN On Tesla Stock

bobknight33 says...

Duly noted.

Sift animosity aside, given and taken. I truly desire all to succeed.

Your statements about the economy as a whole applies to all, whether they diversify or solely own just 3 stocks or less.


I don't fear a crash of 87 or 2008. But your are right the ground beneath us is shaking. Having belief in our leaders and FED to do the the right thing is a is half harted. Even if they choose a proper corrective path it will be a bumpy ride.



You are right I am forward thinking and willing to take a few hard bumps over the next 10 years. I believe the upside is worth this risk.


I don't want a japan crash that took 25+ years to recover, or a 1929 crash which took 10 years and war to recover.

Every hard crash recovers, eventually.

If things go bad I will exit. Granted no one has perfect timing and neither do I. Will I loose 20 30% probably.

I do watch markets daily.


I'm 60 with 2 years left on the house mortgage. I will have a GE pension and hopefully some SS. Granted inflation can eat that 4K/month away but it will still help. Also I would continue to work.

And if that's not enough at least the house will be paid for and I will eat PB and J. or rice and beans.

StukaFox said:

Bob, please read this carefully. I know we fuck around a lot here, but I 100% honestly don't want to see you get hurt financially.

Obviously, if you believe in TSLA, I understand you putting your money where your mouth is (full disclosure: I'm holding POTX and CURLF, so I'm on the same page with what I'm saying on this) but PLEASE don't bet money you don't have on TSLA.

“At 10-times revenues, to give you a 10-year payback (P/E 10, my note), I must pay you 100% of revenues for 10-straight years in dividends. That assumes I can get that by my shareholders. It also assumes I have zero cost of goods sold, which is very hard for a computer company.

That assumes zero expenses, which is hard with 39,000 employees. That assumes I pay no taxes, which is very hard. And that expects you pay no taxes on your dividends, which is kind of illegal. And that assumes with zero R&D for the next 10-years, I can maintain the current revenue run rate.

Now, having done that, would any of you like to buy my stock at $64? Do you realize how ridiculous those underlying assumptions are? You don’t need any transparency. You don’t need any footnotes.

What were you thinking?”

-- Scott McNealy was the CEO of Sun Microsystems
2002

At the peak of the Dot-Com, roughly 30 stocks in the NASDAQ 100 traded above 10 P/E. Today ALL stocks in the DAQ do: the average P/E is ~25.5.

TSLA is at a P/E of 175.

There is no American economy. There hasn't been since since October 3 of 2008. Things got catastrophically worse on September 17th of 2019 when the repo market came within hours of completely locking up in a catastrophe that would have made AIG look like a rounding error. The Fed was forced to firehose astronomical amounts of money into the system to keep this from happening and this was before Covid.

In Jan of 2021, there was $2.6 TRILLION in Zombie Debt out there. That's $2.6 TRILLION on the verge of default at 2021 interest rates. The Fed is now in a horrific position: raise rates and watch massive defaults explode like financial nukes, or keep rates steady and watch inflation implode the economy.

People don't understand how bad this is and how much worse it can get. If the Fed has to raise rates by 500 BP -- and Christ fucking help us if they do -- the first order defaults will be the worst in Capitalist history and the second and third order effects could very well be the nightmare scenario we came within 36 hours of in 2008.

Save your money, Bob. Cash is king. And fuck BTC.

bobknight33 (Member Profile)

JiggaJonson says...

Okay okay look I know we've had our differences oh, but I just learned about a really good investment opportunity. I know you are not one of the c u c k s so you'll probably want to invest all of your money in this. Have you heard of cryptocurrency oh, well it just got "Maga-fied"

If I were you I would invest all my money right now like put a new mortgage on your house and stuff because Donald Trump is a very trustworthy person, and this is totally not just another Ponzi scheme from a lifelong con man

https://www.rawstory.com/magacoins/
Get your hands on some Maga coins bro

Racing for $100

bobknight33 says...

Its not where you start in life its where you end up.

White privilege is a false statement. Its really middle class privilege. Its about education not skin color. There are plenty of poor whites as much as there are poor blacks.


Those in the back mostly without fathers.
All knowing Newt, What is the fix?

Economic hardship of those kids would be lesson if both parents were present.


Finally JOBS or lack of them are mostly due to government policies ( Fair trade / Free Trade) have decimated job opportunities for All Americans, especially low wage and entry jobs.


Make policies that bring jobs back to America. Passing bills that take tax dollars and make roads or such only create short term jobs.

Trump was right Lower business tax rates to compete on world stage stimulated economy and America started to flourish.

Sadly Biden/ Democrats want to move tax rate up which will slow down growth, if passed.


Learn???
My dad started working at 14, His dad never got passed 8th grade.
My dad went bankrupt, had a chronically ill wife ( died in early 40s due to it) and 4 kids.

He never left. He worked his ass off.

Also he broke his back in 3 places and crushed his right hand. He left the hospital to sign a house mortgage, knowing he might never work again.
With a healing back and crippled hand he drove 50 miles each way in a stick shift car for 3 years like this just to keep a roof over our heads.

I paid my own way through college, Same for my sister.

My dad says If you want it bad enough you will find a way.

So don't tell be about white privilege bull shit.

What about Black lawyers, Drs, and ball players?
They make way more coin than most white people. Do they have white privilege?

The person making minimum wage likes it enough to stay, else he will find a better paying job.


Should fines, penalties be smaller for poor people , yes.

newtboy said:

@bobknight33 , you need to watch and learn.

Biden Has A Lot To Boast About In New Covid Relief Bill

bobknight33 says...

9% for the American people
$1400 each if earned under 75K/ear or $2800 of married under 150k$/year.

At $75K/year you really don't need this $ or at least could get by with out it.



then comes the remaining 91% for programs and pork.
Schools don't need this $.

Free premiums if under 150% poverty rate -- ok.



However if 1400 represents 10% of the 1.9 trillion when would it not be better spent if each got $14,000 each or $28K for the family and let each family decide how to spent this money. LEt teh people decide their needs on what to pay for Healthcare mortgage, rent car payment etc.


End of the day Americans got $1400 and a tax bill for 1.9 Trillion.


Again, Americans got screwed.

Last Call

newtboy says...

130 infected secret service agents is what the biggest spreader, Trump, has now.
Odd, covid didn't disappear on the day after the election. Must be a liberal plot.

10 million cases, just under 250000 dead with over 1000 more dying daily, (that's 2.5% mortality) over a million disabled, 2 million hit with massive hospital bills, and rising faster than ever. Good thing it's mission accomplished.
🤦‍♂️

Trump's response...give me more money for lawsuits that really pays my debts. Pence's response, finally a meeting of the covid response team in which he refused to wear a mask or social distance.

Fake leaders, and now fake fundraising for fake lawsuits. Mortgage your house and pony up, buddy. Trump wants your cash NOW!

bobknight33 said:

Fear is all Biden has, No plan, just fear.


8.8 million cases = 8.8 million success stories

99% + survival rate.

Fake news and now fake stories.

Trump: Biden Will "listen to the scientists"

newtboy says...

Aaaahahaha. Jesus you're getting desperate, little Bobby.

Yes, I would trust Biden over biggest loser, Donny low T, with my money. Only one of the two can't even afford his lawyers and may lose dozens of cases because of it, like suing ex administration officials for violating ndas, multiple rape charges, multiple fraud cases, tax fraud cases, bank fraud cases, campaign finance fraud cases.... better mortgage your life to the hilt and give it to little Donny low T, he needs every penny.

Trump is broke, in massive debt to multiple foreign powers and is by his own admission the worst business man in the country with the biggest losses many years running....like another tax fraud where he filed for a $750 million refund for losses he caused a company he had been tossed out of...I think the Taj Mahal. (BTW, that is the "audit" he hides behind, a tax fraud case for $750 million stolen from the IRS through fraud...Not an actual audit of his recent taxes....but since every disclosure to different agencies claims massively different values for assets, debts, obligations, and credit lines, he cannot let them be published because the frauds would be blatantly obvious.)

Now a question for you, Bobski....which would you trust your teenaged daughter with? The lecherous rapist of teenaged girls, or Biden? (Note, she won't get paid for getting raped either, since Trump's broke.)

With You, Spot Can : Boston Dynamics Spot Commercial

noims says...

Did anyone not check the shop? The basic model starts from $74,500.

With me, Spot can... put my home at risk if I do not keep up repayments on a mortgage or other loan secured on it.

Uses Rice to Show How Rich Jeff Bezos Is | NowThis

Payback says...

With current property values, a millionaire is a successful small business owner. They really aren't the problem for the most part. In some cases, paying off your mortgage classifies you as a millionaire.

vil said:

Sure, why not.

Millionaires too?

Mordhaus (Member Profile)



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