patrick.net

Was this government money or his private insurance?

Unlike, say Wall Street Bankers who get 6 figures from Federal and NJ Taxpayers every other time a Nor'easter hits their Fire Island or Jersey Shore beach house. I bet they're reading this article and are appalled!

marcus says

Relative to a couple decades ago, a liquidity trap of the magnitude we are now experiencing would have been considered impossible

I don't believe in the concept theory of a liquidity trap... because to me a trap is when you can't raise rates when inflation is rising while consumption is falling

1965-1979.. isn't the norm with inflation so falling from that level shouldn't be looked at in a negative light

The world has consumed more goods and services in the last 30 years than the last 300 years combined

Why is everybody cavilling over a mere 17 mil? Trumpliugula could make that much in a few months selling Melanoma's used panties on ebay. Now, that's Trump Branding!

We own this planet too

DieBankOfAmericaPhukkingDie says

Trump got $17million insurance payout for non-existent 2005 hurricane 'damage'

The amount of hurricane damage Trump's properties have experience vary from day to day depending on how he feels, just like his net worth. If you were an accountant, you would understand this.

According to Trump University's accounting department -- Go Fighting Trumpets! -- the proper way to calculate values is to multiply Trump's mood by the number of high fives he recently got and then subtract each time his feelings got hurt by someone's mean tweet. You can't argue with math.

Data miners are the future!

Every job displaced by technology, will be negated by two job openings in data mining!

https://www.bloomberg.com/news/articles/2016-10-25/uber-self-driving-truck-packed-with-budweiser-makes-first-delivery-in-colorado

So since drivers less cars is the thesis... lets assume all cars are driver-less

How many jobs do you think that is

Has anyone here actually looked at the full data sets of jobs in each sector

Remember I am trying to calculate your 77.5 Million Jobs being lost

Snicker cough cough

Logan--

You missed your calling. I bet you'd be great as Costello in "Who's on First"

It is worth attending just to see the myriads of IHLs with their protest signs fisting each other out front having SJW multiple orgasms and stomping pathetic man-pimples into the pavement. This is Berkeley, and it should be epic.

77.5 Million jobs are to be gone

Snicker.. come out boys lets play the scared American collapse game here

77.5 Million .... who is first ;-)

Logan Mohtashami says

He uses demographics to sell Books and his work is based on a zero sum game where everything is a bubble

Please explain further as to what the zero sum game is referring to?

I called the state of Florida about the insurance industry. I looked at MyFla.gov website up and down before I found an obscure Insurance Commissioners office.
When I called that number a very agitated voice on the other ended wanted to know how I got her number, and was more interested on finding out the exact place I found it, than the intent of my call.
As she informed me, that the insurance commissioners office is there to serve and develop the Insurance industry in the state of Florida and are in no way or capacity consumer advocates.

This is all the Rigged system that Trump is going to stop Folks. Thanks for helping him make his case. He didn't make the insurance rules, his claim is encouraged. Complaining about premiums is deeply discouraged.

True damn story.

DieBankOfAmericaPhukkingDie says

$17 million for 11 roof tiles

Those were diamond encrusted gold roof tiles, the classiest tiles anywhere.

DieBankOfAmericaPhukkingDie LOVES - AND I MEAN LOVES - HILLARY "I SUCK OFF ALL WALL STREET & BANK COCK & DRINK THE GRAVY" CLINTON - despite his user name.

Strange thing, this...

But he is a demographic guy, how can that be?

indigenous says

But he is a demographic guy

see his work and you can see a clear difference between him and I in terms of how we look at the economy

Trumpligula is the Tyrannosaurus Rex of pussy grabbers, with those tiny, orange, grabbing claws.

Little squirming, maggot fingers crawling up dresses, shredding yoga pants, creeping and sliming all over any available female orifice.

Logan Mohtashami says

Harry Dent is an idiot.

I've never seen so many people get pissed off over ideas in all my life until I came here.
I was listening to a guy go on about Flat earth the other night. Which if you think about it, and you can even ponder that we live in a Sim.
Then it is quite reasonable that our whole space program is a hoax, or if I understood him correctly. He was saying we have been in space but the round earth is a top shot. It's flat as a pizza on the side.
You know I just laugh, I see no reason to attack him or rehash Issac Newton, Galileo and the whole Copernicus thing. So I just let him go on. But I did inform him that I thought he was a riot, and I never met flat Earther before and was intrigued that they actually exist. It serves no purpose to argue with people. I told him to get a YouTube channel why let all of that creativity go to waste.

That was an interesting video. The part about the pussy grabbing was a tiny part of it.

http://www.snopes.com/hillary-clinton-blackface-photo/

Further, if the above-displayed image really does show Bill and Hillary Clinton at a college party, why did it take nearly 45 years to surface? Bill and Hillary Clinton met at Yale in the early 1970s, and while they both have led high-profile political lives, this photograph, which would have been political Kryptonite at any stage in their career, didn't surface until 2015. If the image were real, it's probable that the photograph would have been made public several years ago.

Tenpoundbass says

Galileo

Logan Mohtashami says

Except when it comes to religion.

He's probably NSA as fuck.
Actually I've seen him post some profoundly caring things before. I think AP is a Great guy that has saw some things in his job. That movies wont even show. Probably more than all of us combined.

Standard Rep/Con/Tea motivation,something for nothing.
Once again,where's the list of Rep/Con/Teas sucking the govt. teat.

DieBankOfAmericaPhukkingDie despises Trump but seemingly loves Hillary, which is a paradox given that she's an absolute prostitute to the very banks and Wall Street firms - she'll do anything for them (and has) -

...interesting...

The video was one of the most entertaining to date of Trump's essential personality. Schwartz wrote an extensive article about Trump and his experiences ghost writing the "Art of the Deal", but hearing him in person articulating his impressions is a whole different degree of WTF??.

I repeat -

- DieBankOfAmericaPhukkingDie despises Trump but seemingly loves Hillary, which is a paradox given that she's an absolute prostitute to the very banks and Wall Street firms - she'll do anything for them (and has) -

...interesting...

99% of DBOAPD's posts are anti-Trump, but he seems to love Wall Street ball-licker Hillary!

I smell Troll, strong aroma!

Logan Mohtashami says

I don't believe in the concept theory of a liquidity trap...

SOoooo. A black swan event isn't a real thing. And a liquidity trap is not a real concept ? I didn't even know that it required "belief." YOu could argue that the fed still has tools. QE ? Negative interest rates ? But it can not be argued that they have anything like the tools they had when fed funds were at 5%. The fed wants to be ble to fine tune. Instead what they now have are very awkward last resort tactics when they wish to stimulate.

What happens when they have used these, and everyone who is able to borrow the super cheap money to bid up real and financial assets is as leveraged as possible ?

Does anyone remember when Japan had super low rates and we didn't (yet), and everyone was talking about the so called "carry trade." Why don't I ever hear that term in reference to people borrowing dollars on the cheap to invest in other places with higher interest rates, or to invest wherever in the world where there are investment opportunities ?

marcus says

QE ? Negative interest rates ?

#QE inflated rates, every time it ended, rates went lower, ... just created a lot reserves, not much velocity either, even with the MBS purchases

Japan and the devaluing the Yen... race to debase to try to get some inflation... if only they can print babies

Logan is so full of shit that his eyes are brown.

The economy is tanking.

Logan will be trying to sell investment newsletters for $2.99 per month via email and advertising investment snakeoil on craigslist when the imminent nasty economic downturn sets in, and causes his circle of family & friends he has been mis-advising (to go all in) files lawsuits against him, forcing him to declare bankruptcy.

freespeechforever says

The economy is tanking.

freespeechforever says

Logan will be trying to sell investment newsletters for $2.99 per month via email

I can promise you this, I would never sell investment ideas ever, ewwwww

Stick your fucking charts up your ass, dude.

Charts mean jack-shit when the underlying economy is functionally broken.

freespeechforever says

Stick your fucking charts up your ass, dude.

freespeechforever says

Charts mean jack-shit when the underlying economy is functionally broken.

-----

Fucking guy faps to charts...

marcus says

Logan Mohtashami says

I don't believe in the concept theory of a liquidity trap...

Does anyone remember when Japan had super low rates and we didn't (yet), and everyone was talking about the so called "carry trade." Why don't I ever hear that term in reference to ...

Legit question.