patrick.net

richwicks says

Our government doesn't work for us, you have to realize that.

The government could do a lot of things to fix and improve this country, they simply won't do that.

I hear you but is there a law that says that government should work for us. And who is us? The people or the corporations. Just trying to understand this.

gabbar says

I hear you but is there a law that says that government should work for us.

So what? There's lots of laws.



It's illegal to employ illegal immigrants, or to house them. Sanctuary cities are illegal. It's illegal to use heroin, it's illegal to sell access to your office, it's called a bribe. It's illegal to entrap people and perjure yourself to convict them. It's illegal for the CIA to import and sell drugs. It's illegal to murder whistleblowers. It's illegal to put people in jail for acting as journalists.

So what?

We don't have a government. It's just a group of criminals.

If we had a government Joe Biden would be impeached by now. They won't even try. If we had a government, a real one, George W. Bush and his entire administration might have been executed, no kidding.

Our media, CONSTANTLY incites violence, constantly. That's not legal.

I'm well past the illusion that we have a government. We don't have a government. Our "government" just illegally shut down businesses, interfered in protected speech at Twitter (and Google, and Facebook), restricted our movements, and coerced us to all take a god knows what shot in our arm, all the while lying about the dangers of a MINOR disease. Our own government probably manufactured this disease.

I don't know why people think "oh, if we just elect the right people we can reform it". Maybe 20 years ago, not today. They're not going to reform. The military isn't going to do anything either.

Jesus. Typical rabbit hole. I've encountered government fraud. Guess what? I did something about it. Bitching on Patnet does nothing. DO SOMETHING!!!! For fucks sake. You post the same comments over and over and over and over and over and over and over and over. Yet you do nothing and you know it.

I get there's an ignore feature. I don't care because I want to call you out on your bull shit. You're not informing anyone of anything new. Nothing. Everyone already knows what you proclaim to be the master of and we're all fucking retarded. You've done nothing. You are the problem. Patrick started this site and called out the real estate industry. You've done nothing dude and it's getting old.

Make a damn difference or just drink and bitch about the same thing everyday. Doing nothing is better than complaining on a random CA centric forum.

komputodo says

Now if that did happen, what will happen to all the producers of products and food in the usa if nobody has 10,000 dollars to buy a dozen eggs? I would guess that the best move would be to shut off all exports to force the producers to sell their products only for dollars in the usa. No more foreign currency allowed. Then there be a new price discovery and back to business as usual

No, you'd have Communism more out in the open than we've seen it to date in this country. But not in others. As rickwicks mentioned, if you want to read that tale, just head to Venezuela, Africa, Weimer Germany. I fully expect something like this will be tried if the government still has power. I love how people make suggestions like this thinking government has ever solved problems rather than making them worse...

Looks like folks continued to pull coin outta low paying bank accounts and putting the funds into higher paying money market accounts.

Be a real shame if some banks had to sell some of their underwater securities.

We haven't even gotten to the stage where the banks have to take larger write downs on their loan portfolios.

https://finance.yahoo.com/news/fdic-us-bank-deposits-dropped-by-most-in-39-years-to-start-2023-144427156.html

NuttBoxer says

As rickwicks mentioned, if you want to read that tale, just head to Venezuela, Africa, Weimer Germany.

did any of those that you mentioned have the world's reserve currency and have a 100 countries holding billions of their currency? Asking for a friend. it would be better to give an example of that scenario.

WookieMan says

Banks and finances aren't really the issue. You need people that can work.

How do you pay people to work if banks and financing are collapsing from bad gambles? How do you get good employees if the value of what you're paying them is going down by the minute from banking and finance bailouts? What planet do you live on?

Not to mention things like fractional reserve banking and its abuses, etc.

I think it's unprecedented due to the fact that the last time it happened, paper was still redeemable in gold and silver(Bank of England). So the implosion will be on a scale never before seen.

DhammaStep says

How do you pay people to work if banks and financing are collapsing from bad gambles?

How did they over the last 50 years? Surely this is a joke? You don't pay people and move on. It's called business. You find new employment. The dollar was dead in the 80's. That prediction worked out well. China was going to gobble us up. Another great 80's prediction. Here we sit 40 years later with the same predictions.

The list goes on. We'll run out of oil. US$ won't be the reserve currency. None of this shit has come true. We are food, oil, water independent from any nation. You cannot attack us without getting wiped out with nukes. Land invasion is impossible. These collapse predictions are a joke at this point. They come around every time it seems rough. WE HAVE IT THE LEAST ROUGH and will for the foreseeable future.

WookieMan says

We are food, oil, water independent from any nation. You cannot attack us without getting wiped out with nukes. Land invasion is impossible. These collapse predictions are a joke at this point. They come around every time it seems rough. WE HAVE IT THE LEAST ROUGH and will for the foreseeable future.

You could say the same for Russia, no?

Most likely, either we, as Americans, or the oligarchs will be the only way America can falter. It's possible.

WookieMan says

DhammaStep says

How do you pay people to work if banks and financing are collapsing from bad gambles?

How did they over the last 50 years? Surely this is a joke? You don't pay people and move on. It's called business. You find new employment. The dollar was dead in the 80's. That prediction worked out well. China was going to gobble us up. Another great 80's prediction. Here we sit 40 years later with the same predictions.

The list goes on. We'll run out of oil. US$ won't be the reserve currency. None of this shit has come true. We are food, oil, water independent from any nation. You cannot attack us without getting wiped out with nukes. Land invasion is impossible. These collapse predictions are a joke at this point. They come around every time it seems rough. WE HAVE IT THE LEAST ROUGH and will for the foreseeable future.

Everything you say comes off as contrarian, uneducated speculation. Anyone that says that banks and finance are a non-issue is not a serious person. I'm not even interested in engaging this conversation further with you because you seem to have a childish understanding of these issues. You'll probably say that we have record unemployment because of lockdowns because you don't understand that the central banks financed the lockdowns and unemployment. You seriously need to educate yourself on the roles that banks play in your society.

Please watch the documentary I posted here to started learning: https://patrick.net/post/1379451/2023-05-31-the-money-masters-documentary-about

komputodo says

did any of those that you mentioned have the world's reserve currency and have a 100 countries holding billions of their currency? Asking for a friend. it would be better to give an example of that scenario.

This is why the US cannot be allowed to continue to hold the world's reserve currency.

They always collapse anyhow. My nation, MY NATION, is trying to replace money with CBDCs, which are fucking coupons, not money.

Even money isn't money. It's a Disney Bucks.

If CBDCs are allowed not only will they be able to control what you buy, but what you can sell.

WookieMan says

China was going to gobble us up. Another great 80's prediction

Actually, that was Japan that was supposed to gobble us up:

DhammaStep says

Please watch the documentary I posted here to started learning: https://patrick.net/post/1379451/2023-05-31-the-money-masters-documentary-about

Stop watching shit. Get out and do something. So sick of the bitching and excuse making here lately. I'm not going to watching some bullshit documentary that lies to you. I live it. I witness it, You're watching bull shit propaganda. Enjoy.

Wookie, that documentary is not propaganda. Fiat is the biggest swindle in history.

WookieMan says

DhammaStep says

Please watch the documentary I posted here to started learning: https://patrick.net/post/1379451/2023-05-31-the-money-masters-documentary-about

Stop watching shit. Get out and do something. So sick of the bitching and excuse making here lately. I'm not going to watching some bullshit documentary that lies to you. I live it. I witness it, You're watching bull shit propaganda. Enjoy.

Thanks for your continued childish bullshit. I really enjoy watching people that live in denial and pretend they know everything about anything. Your opinions are worthless if they're simply based on your "lived experience." That's tranny logic. You can lash out because someone called you out on not knowing what the fuck you're talking about all you want. I'm not offended or hurt at all, only amused.

Over the last couple of months, things have improved IMHO concerning banks and their regulators. First, the regulators told the banks to knock it off on their share buy-backs. This happened right away.

Now the regulators are requiring the banks to hold extra cash. It'll take a while for the regulations for the extra cash to take effect, but it will take a while for the bad loans to show up as well. All things being equal, less earnings for the banks, but a safer system.

https://www.cnn.com/2023/08/29/business/bank-long-term-debt-rule/index.html

DhammaStep says

You can lash out because someone called you out on not knowing what the fuck you're talking about all you want. I'm not offended or hurt at all, only amused.

Lol. I didn't lash out at all. I called out what I know to be true. We all live different lives. Some people want to be depressed about their future. I'm not. I see what's in front of me and I know my life. I'm sorry yours might suck or something. That's not on me.

GNL says

Wookie, that documentary is not propaganda. Fiat is the biggest swindle in history.

Play the game my man. Sitting on this forum and bitching about fiat and our monetary system instead of participating in it and using it to your advantage is not a logical point of view. Does anyone here really think someone like Mark Zukerburg or Bill Gates is smarter than you? I sure hope not. They're morons that understood how to use the system given to them. They're barely high school grads.

I notice that the people that make the least tend to bitch instead of make change in their lives. Politically I have opinions, but finance wise that's on the person making the complaint. Inflation, interest rates, fiat, blah, blah. I know complete morons making 10's of millions a year. My own uncle cannot read or say the alphabet yet has 9 figures worth of wealth. There's a reason for the term you are your own worst enemy. It's fact.

And maybe you're a person of morals and don't like the system because you "think" it takes advantage of people. Maybe it does? Maybe you could? Ultimately it's what your goal is in life. I've harmed no one in my success, and I'm wealthy for my age.

I'm not big into sports anymore, but does anyone remember hack a Shaq? He sucked at shooting free throws so they'd throw in scrub bench players to foul him cause he sucked at shooting free throws. 1 made free throw is less than 2-3 points on a possession. Was totally legal. Figure out how to hack a Shaq with money is all I'm saying. Until one figures that out just keep bitching and moaning about life. No one here is disadvantaged. Probably just lazy.

Have the raised the reserve rates from nearly nothing? Are they backing their paper with real assets? If not nothing has changed. Two years to the next crash...

NuttBoxer says

Have the raised the reserve rates from nearly nothing? Are they backing their paper with real assets? If not nothing has changed. Two years to the next crash...

This is my point. You can make money on a crash. Play the game. You might be right and there could be a crash in two years. What are you doing to prepare for that to make money off it? Otherwise this is all just wasted keyboard clicking.

Wookie, just pointing out that it's not propaganda. How did you like the plandemic? It could have never happened without fiat. It's not just about money or your definition of success.

GNL says

Wookie, just pointing out that it's not propaganda. How did you like the plandemic? It could have never happened without fiat. It's not just about money or your definition of success.

I ignored the pandemic though. Again, first mistake is not understanding the game. Did anyone think there was an actual pandemic? Be honest. Firefighters, cops, doctors, nurses, EMT's, public works, etc. etc. These people all had to commingle in a work environment, many with bodily fluid transmission, blood, etc. Somehow it would take 15 days to stop a pandemic????

You can pull up my old comments. Anyone that believed any of it bought a case of bull shit. It's biology 101 in high school.

Everything is done for a reason is my point. You have to know the game and how to spot it. Fiat is a game that you can manipulate, just like they did in basketball with Shaq. People that pump out propaganda WANT you to believe you cannot play the game. They want to be the only players. That's the game. No different than Bitcoin. FOMO. They want you in the game, but don't want you to win if that makes sense. Again, FOMO. They then extract your money. You need to become the extractor, legally of course.

Who said the game can't be played? I ignored the plandemic also but that doesn't mean millions weren't caused very real harm because of fraud. It's truly amazing to me that this disconnect exists. Fraud is fraud regardless how it's done or what tools are used.

GNL says

Who said the game can't be played? I ignored the plandemic also but that doesn't mean millions weren't caused very real harm because of fraud. It's truly amazing to me that this disconnect exists. Fraud is fraud regardless how it's done or what tools are used.

Who cares if it's labeled fraud if it's legal I guess should be the question? The millions caused harm by it were sheep and probably still are to this day. Most people don't know you can get away with not paying your mortgage for two years and never owe a dime to anyone after the fact. You can still get loans with screwed up credit, so even that doesn't matter.

People are sold lies daily to make them behave a way to make others rich. That's the point I'm getting at. Look at ANY billionaire. There's not one that hasn't defaulted on some form of debt. Zilch. Zero. But us the common people are told it's a sin and our lives will be destroyed if we don't pay the gods so to speak. That can be through debt or hell vaccine.

This was my point in my earlier comment from back in June. Live by what you experience unless you're some sort of hermit or whatever. Someone can call me stupid, but I missed the housing crash because of obvious signs and so did everyone else. I commuted to Chicago daily basically. You know what disappeared from 2005(ish to 2007(ish), trucks. Specifically lumber. No rail cars with lumber. Local airport that caters to private business jets, nothing to be seen. I noticed, but thought nothing of it.

I got my ass handed to me by missing out on the obvious in front of my face as the media and government said everything was fine. Covid was the next big test in my lifetime and I called the bull shit from the word go. Fiat and currency manipulation is no different. In 10 years your money will be worth 50% less. How do you plan for that? It's not a prediction, just assume it's going to happen and you'll be ahead of 95% of the human race. Government and banks will never do what's in the best interest for you. Ever. Plan accordingly and you should be fine.

No on his winning the rat race if they don't know it's a game they're involved in. We are. Most don't know it.

You married a sheep?

GNL says

You married a sheep?

Yup. And she admitted she fucked up. Better to teach than be willfully ignorant. She made a bad choice and owns it. I'd rather have that than saying it was the right thing to do which most people believe that got it.

We've all been wrong at certain points in our lives. It's how we learn from it that matters. Millions of people feel stupid and are too reluctant to admit the covid mistake of getting vaccinated. She didn't "need" it and realizes that now. She had side effects. Admitting you were wrong or made a wrong decision is extremely difficult. Put it this way, she's no longer a sheep.

My track record is generally impeccable after I've made a mistake. Our fiat is not going anywhere, it's how you manage it personally. Everyone will make mistakes. My wife did with the Covid vaccine. That won't happen again. I've made good and bad mistakes with my money. Getting down on the "system" is a losers mentality mentality. It's excuse making because you didn't figure out the game. No different than strategy in Chess. I've made financial decisions that 99% of pat netters would balk at. I'm 100% better for it.

As long as it's legal, you don't owe anyone on this planet a damn thing. Until one realizes that, they'll be stuck in a life like prison thinking they're free. Know some semi successful black men or women. They give no shits and will game the system to their advantage. Like I've said, this is a game. Either learn to play it or you can complain about it. Game ain't going away.

Your wife was tricked. She was manipulated. The fiat controllers stole something very real from you and you call it a game. SMH

.

Bank stocks from Goldman Sachs to Wells Fargo to Bank of America are down 35 to 40% from their pandemic highs.

Tech has recovered some like Google, Amazon, Microsoft, and Apple, and usually is the first to recover.

.

GNL says

Your wife was tricked. She was manipulated. The fiat controllers stole something very real from you and you call it a game. SMH

Yep. And we're winning it even with mistakes. No different then baseball where players fail 70-80% of the time and that's GOOD.

At no point did I say I'm perfect. I just know I'm doing it better than most. I have the evidence. No one has or can produce counter evidence I'm not winning in life and playing the game. No one on this planet has made the right decision 100% of the time. I like my record. Wife isn't dead and I have $2M in life insurance on both of us. It would suck, but I'm in a no lose position in life.

You have an enemy with something you cannot defeat. Again, play the game and you can do well. Complaining or saying it's rigged is just a waste of air.

In my experience people who pound their chests and tell everyone how much or what they have are posers. Every rich person I've ever known downplayed their finances.

WookieMan says

You have an enemy with something you cannot defeat

We have defeated this enemy several times throughout history. We did it without defeatists saying "whatever! just profit from it, who cares?!" All movements to create lasting change begin with awareness. Anyone saying "stop talking about it, it's a waste of air" is the enemy of knowledge and ultimately the enemy of the people.

Some people would profit from killing others through war or "vaccines". It's not a gray area.

DhammaStep says

WookieMan says

You have an enemy with something you cannot defeat

We have defeated this enemy several times throughout history. We did it without defeatists saying "whatever! just profit from it, who cares?!" All movements to create lasting change begin with awareness. Anyone saying "stop talking about it, it's a waste of air" is the enemy of knowledge and ultimately the enemy of the people.

This is wrong thinking anything has ever been defeated. It's always replaced with the same thing. Rinse and repeat. I know you guys know this. It can be government, business, hell movies. Life isn't measured in days. It's decades and centuries. You can think you won for 2 years. Nope, you didn't.

Everyone has hailed the Bud Light thing as a victory. Nope. The consumer is not who they're after. Businesses WILL keep accepting payments from Bud for naming rights, billboards, etc. If they're willing to pay the businesses they're not going away. Probably ever. And people will forget two years from now.

GNL says

In my experience people who pound their chests and tell everyone how much or what they have are posers. Every rich person I've ever known downplayed their finances.

Yours and my experience are different. I grew up a country club kid around people with $10M+ net worths and some well over $100M. Including family. They show their wealth 95% of the time. Maybe regionally people behave differently. It has not remotely been my experience people hide their wealth.

What I don't hear is rich people bitching about fiat/currency and politics. They don't care. They control both. That has been my point here. It's not about bragging or any of that. You either play the game or complain about the game. I choose the former for me and my family. I'm charitable, but I'm not obligated by any means to help people realize the game.

And I never said I like the federal reserve. I just know what it is and I plan accordingly from a financial prospective. My 2023 dollar will be 0.50¢ in 2033. So I make more money. I don't complain about it. Most people don't want to work or want an easy job that pays shit. That's a choice. That's not a problem of currency. It's a problem of personality.

Listen I've ran a business for 15 years. White collar. I now work blue collar. Wife is white collar work. I've experienced pretty much everything you can. I helped develop a subdivision with my dad when I was 16. Sewer, water, annexation to the village, permits, etc. I did the work. My dad would go golf and gamble. I've experience more by 40 than 99.9% of people. I ain't perfect, but I know what I know.

This isn't directed at anyone specifically. What I've learned is the most toxic traits in humans is jealousy. 100%. Deal with it on a daily basis. It kills friendships and relationships. Understand that the Fed doesn't care if you dislike it. Even if you think you can defeat it, it will 100% for sure come back in another form in a couple years. You've lost control thinking you have control over this stuff. It's just life. Manipulate it to your advantage or complain. I know what I'm choosing...

wookieman cracks me up. You're a poser. You've been talking about building some tiny house for the last 5-6 years. Still saving up? Almost anyone can afford a 2 million dollar life insurance policy. LOL

GNL says

wookieman cracks me up. You're a poser. You've been talking about building some tiny house for the last 5-6 years. Still saving up? Almost anyone can afford a 2 million dollar life insurance policy. LOL

2 years, but I guess math isn't a strong field for you. Not in a rush. We have a buyer. Not sure your point. 2,200 sq ft is a tiny house I guess. I don't care. 3 kids and life happens. We're doing just fine. House will be built in the spring. But hey name call and come at the conversation with nothing of substance.

Keep complaining about the fed and fiat currency. It's working..... You're winning for sure ;) Or move on and do something productive. You've chosen the path of whiney bitch. That ain't on me. I'll continue on my path and enjoy my life. I ain't here to please anyone. My house will be built and people will be jealous. As I've said, I'm used to it. It frankly makes me laugh. I don't have any insecurities. Call me a poser. I'll prove you wrong 10 out of 10 times. Enjoy the rest of your day.

I'm not the one that fills up every single comment with an insecure "I'm rich and I'm a winner" sentence. Winners don't do that kind of thing. And yes, 2,200 square feet is a small house. That's the size of a common townhouse.

But I wouldn't stress too much wookieman, you'll make it some day. I don't care what anyone says...you got this.

GNL says

I'm not the one that fills up every single comment with an insecure "I'm rich and I'm a winner" sentence. Winners don't do that kind of thing. And yes, 2,200 square feet is a small house. That's the size of a common townhouse.

But I wouldn't stress too much wookieman, you'll make it some day. I don't care what anyone says...you got this.

You do understand what a basement is? And a garage? 4,400 sq. ft. total and 600 sq. ft. garage. Sorry, I only count above grade real estate unlike douche bag realtors. I don't lie like they do and I don't get paid by them. Integrity is a thing hence why I got the flying fuck away from the scum bags. My house will be 2,200 square feet, above grade, improved property. WITH a 2,200 sq. ft. finished basement with bedrooms, music studio, movie room and game room.

I know what I'm doing and i'll freely document it here as I get going. I know more about the industry than anyone here outside of maybe Eman. You're all a sudden barking up the wrong tree my friend. I've been way more forward on a website than I should be. I can pound my chest any damn time I please. I'm 40 and likely worth more than most here. I don't give a flying fuck if it looks like I'm bragging. I haven't lied to a soul about a thing on this site or exaggerated a damn thing. I told you the legal above grade square footage and you ran with it. I thought you took photos of houses? You miss the basement on your jobs?

I get honesty isn't a thing online. I don't bull shit anyone. Sorry I'm proud of my and my families accomplishments all through our own work. You don't have to like it or can be jealous. I'm just proud of my life and what I've accomplished and will accomplish. You can hate me, doesn't move me. I know what I'm worth and can do. Maybe work on yourself before "attempting" to tear others down. You need some work it appears.

My 27 year old daughter and husband are worth more than you. LOL

Nice typical poser pivot btw. From 2,200 to 4,400. LMAO

WookieMan says

This is wrong thinking anything has ever been defeated. It's always replaced with the same thing. Rinse and repeat. I know you guys know this. It can be government, business, hell movies. Life isn't measured in days. It's decades and centuries. You can think you won for 2 years. Nope, you didn't.

It's called constantly being vigilant against those that would take advantage of these systems for their own gain. You don't stop fighting just because there is always conflict. This will probably be the hardest cycle to fight against the fiat masters because the people are so utterly ignorant of what is happening. The fact that I can offer someone a very sound documentary on a subject and have "THAT'S JUST PROPAGANDA" spit back in my face means we have a lot more work to do on educating people.

Wookieman, I don't ever mean you disrespect. I just want to say that I have experienced first hand the game they're playing and I have actually benefited greatly from it while I recognize that others lost at the same time, for no real reason. I'd rather not go into details at this time.

There is a significant part of this you either simply do not understand, or choose not to understand. Nor am I jealous of anyone. What would I be jealous of? The only thing I really want these days is a nap on the weekends but I guess simply don't control enough of the NY Fed to afford that. Do you think I'm jealous of Pfizer and Moderna when I post about their failure of a vax? Or do you think maybe I might have been personally affected by this issue? Is that the mindset through which you see the world?

A hypothetical question for you. In 1775, would you have said "just let the British tax us, just learn how to benefit from it" or would you have supported the movement for revolution?