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LC

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Everything posted by LC

  1. I've lived in NYC for 25 years and have witnessed firsthand the slimeball that is Donald Trump. I linked 15-20 sketchy things that Trump has done which I am pretty sure you or I would never do or say. To me, the Trump apologists are the blind ones here.
  2. Here's a bit more regarding Donald's "integrity": http://www.usatoday.com/story/news/politics/elections/2016/06/09/donald-trump-unpaid-bills-republican-president-laswuits/85297274/ Just a word for anyone thinking of providing services to Donald: Demand payment up-front, and in-full.
  3. I see. I guess I was focused on tangible, measureable problems, such as income inequality. I'm sure Donald screwing over small contractors has nothing to do with that. And Donald the landlord cutting off heat/hot water in the winter has nothing to do with that. They were just entitled! Instead, let me focus on this "entitlement" problem, which Donald Trump definitely does not suffer from by the way!
  4. I'm going to change my write-in of Bernie Sanders to a vote for the Clinton political machine. It's really a vote against Donald, though. And I just moved to Colorado where a vote actually counts. Another election, another vote for the "best of the worst".
  5. signature. relatively equal weights.
  6. It's not the Trump supporters who are violent. Plenty of violence from Trump supporters as well: http://tucson.com/news/local/govt-and-politics/tucson-police-man-arrested-in-connection-with-punch-at-donald/article_d614bc6e-ee2d-11e5-9486-835bb82d934f.html Fact of the matter is this race is more emotional than logical and those emotions are causing violence from both sides.
  7. Not providing heat/hot water is 100% illegal as a landlord in NYC Here's a few more since you bring up getting away with repeated criminal activity: http://www.theatlantic.com/politics/archive/2016/09/donald-trump-scandals/474726/ http://www.thewrap.com/donald-trump-hotel-accused-of-using-illegal-hispanic-construction-workers/ http://www.pajiba.com/politics/a-complete-list-of-all-the-times-donald-trump-has-broken-the-law.php http://www.nydailynews.com/news/politics/donald-trump-conducted-illegal-business-communist-cuba-report-article-1.2810972
  8. I'm no Hillary fan, but I'm trying to draw a comparison here. So are you saying these things are worse than subjecting your tenants to trash, rats, freezing cold, etc? Seems like the insider trading scandal didn't stop there. There's the little thing about hiring someone from the DNC after they were outed as an inside 'traitor'. :-)
  9. On the scale of using insider information to profit in the cattle futures market, or engaging in slumlord tactics by shutting off heat/hot water in the NYC winters, I'll go with the insider trader.
  10. We're talking about integrity, neither candidate has much. Hillary probably has slightly more.
  11. For all you guys out there who have small hands, take a note: Trump on global warming http://i.imgur.com/fd1Icjc.jpg Trump on charity https://www.washingtonpost.com/politics/trump-used-258000-from-his-charity-to-settle-legal-problems/2016/09/20/adc88f9c-7d11-11e6-ac8e-cf8e0dd91dc7_story.html Trump on 9/11 (Hillary on 9/11 for context) http://www.politico.com/magazine/story/2016/09/trump-hillary-clinton-september-11-911-attacks-nyc-214236 Trump on honesty in politics https://www.thestar.com/news/world/2016/09/27/donald-trump-said-34-false-things-at-first-presidential-debate.html Trump on real estate http://money.cnn.com/2016/03/28/news/trump-apartment-tenants/
  12. You lost 90 minutes of your life that you can never get back. I didn't do that to myself. I figured if Hillary passed out or Trump said a racial slur, or it came to blows, etc, I could see the lowlights the next day on youtube. It was incredible in it's own way. I've seen the last 20 years worth of presidential debates, and this was BAAAAD. They're better off just turning it into a SNL skit, at least that way it's socially acceptable to laugh and flip the channel to sports or a made-for-tv movie.
  13. What the hell did I just watch last night.
  14. If I'm walking down the street and I hear some dude scream "I'm the CEO of Chipotle and there's e-coli everywhere!", if I go and short that stock, I am legally allowed to do so.
  15. This is where I disagree with your perspective. I feel I am repeating myself. You say human capital is cheap due to slack. US unemployment is below 5%. Workers are more educated and mobile than at any other time in history. These are good things and are relatively sustainable. In terms of inflation, I mean, CPI is not a great measure. So what are we looking at here? Also how's this argument: are we not seeing inflation in certain assets? Stocks bonds etc.? It's late and I need sleep so I'll try and flesh this argument out tmrw. I don't buy the "but there's no inflation" argument. I think it's more nuanced. So there's also the "exported inflation" argument. Regardless, I'll consider it a win-win that we both agree rates should be low, regardless of our different justifications.
  16. I literally just posted this: Human capital is better educated than ever and can be allocated globally for practically no cost. Technology advances every day. Materials are cheaper to mine, products are cheaper to build and distribute, than ever before. Why should interest rates be high? I'm pretty much theorizing a few reasons why interest rates should be low. I'm pretty sure this directly addresses the discussion. Before that I was taking issue with your observations on inflation, economic activity, etc., which I disagree with. I have no idea as to why certain parties would lend at negative rates. Maybe they're foolish. Maybe they're brilliant. Like Don mentioned earlier, if you're willing to, I'll take you up on it. To the first point, I was making an argument about the US during a certain period of time. Not Japan, not Greece. I put out my theory, it's a theory. Feel free to disagree. To your second point, frankly I have no idea what you're getting at. I'm saying low cost of capital across the value chain (raw materials, productivity gains, cheap transportation, cheap human capital), in real terms, translates into low interest rates. Why individual retirees make asset allocation decisions is completely up to them...Maybe they're lazy and would rather spend the time sunning vs. chasing marginal returns.
  17. Partially I am. Are we worse off because we are growing at 2%/yr vs. 4%? Should we expect to grow at 4% forever? Perspective is needed. I'm not trying to create some relationship between interest rates and XYZ. I'm just saying what we've observed over the last 6 or so years in the US was enabled to a large extent by cheap capital. This may not hold true in the future, in other countries, on the moon, etc. :D Perhaps we are working through (or maybe it is permanent) a "demographic bulge" of cheap capital. Human capital is better educated than ever and can be allocated globally for practically no cost. Technology advances every day. Materials are cheaper to mine, products are cheaper to build and distribute, than ever before. Why should interest rates be high?
  18. So you quote three things, but I see a different view than you: 1. Inflation: How are you measuring inflation? PCE (personal consumption expenditures) perhaps is more relevant than CPI? It is debatable. PCE has been rising: https://fred.stlouisfed.org/series/PCE 2. De-leveraging I believe Don has addressed the 'deleverarging' argument, but here is the graph of total securitized consumer credit, if you want a consumer rather than soverign measure: https://fred.stlouisfed.org/series/TOTALSL 3. Sluggish economy By what measure? Unemployment is below 5%. The stock market is near or above all-time highs. realGDP is up. I'm not sure how you are measuring this, as many of the main indicators of economic activity point to a very active economy. Perhaps you are looking at home sales? I am not sure that's the best indicator as it is usually considered a lagging indicator. ---- So the conclusion I see is: increased prices, increased economic activity, and increased leverage. IMHO this is all made possible by very low interest rates.
  19. income stocks are probably very correlated with interest rates, right? at this point it makes sense to distribute most of earnings to shareholders and take on debt to fund anything else, i would think.
  20. Hahaha this is great. I pretty much agree, I personally treat it as a casual hobby at this point. Thanks for sharing!
  21. I could go on a long rant about individual rights, the political process, not compromising in life, being able to sleep at night, etc. but I'll just say this: I don't endorse shitty companies, products, or people. If I'm putting my name behind something, it's something I think works. So I have the right to drive through all your damn buildings, and I will do so with a smile on my face. So it's basically the tantrum in the cereal isle Actually no. I think most reasonable people can understand my argument. But I will do the favor of breaking it down for you as it seems you've only gotten as far as Frosted Flakes: I don't endorse shitty companies, products, or people. If I'm putting my name behind something, it's something I think works. This is my vote, and it represents my choice for who I wish to lead me politically. There is a saying that goes something like, 'if you don't vote, you don't get to complain'. Well that can be further expanded, into something like, 'why are you complaining? you voted for him!'. So I have the right to drive through all your damn buildings, and I will do so with a smile on my face. Here in the great State of New York, I have the ability to write-in a candidate. In New York, and in the United States, citizens are generally encouraged to exercise their rights and abilities, particularly in the field of politics. This is how many individual freedoms have been won, especially for oppressed groups. The very existence of these freedoms is what allows the social and political landscape to evolve. To dismiss it by calling it "crap" is to dismiss one of the most important principles of this country. It's lazy, short-sighted, and spits in the face of history.
  22. I could go on a long rant about individual rights, the political process, not compromising in life, being able to sleep at night, etc. but I'll just say this: I don't endorse shitty companies, products, or people. If I'm putting my name behind something, it's something I think works. So I have the right to drive through all your damn buildings, and I will do so with a smile on my face.
  23. Be careful how you interpret the quote:
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