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invite response
2005 Apr 11, 5:00pm 189,061 views 117,730 comments
by Patrick ➕follow (60) 💰tip ignore
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_
2016 Nov 18, 3:15pm
what are you saying logan?
Credit expansion has limits in a light demographic patch.
In a few years you will have better demographics (Debt) revolves around housing demand... high multiplier bing factor on other debt related expansionary metrics.
Not there yet... but in a few years! Yes
This housing cycle, We are very old and very young.. middle = @$$ kicked in the great recession, next cycle... whistle ... demographics and more solid footing from the middle
Fixed debt cost against rising wages
They loved me at the conference with a lot my economic models, got a Triple A +++
First person invited to the conference next year.. they will give me the video on one of my panels...
Better demographics, better debt expansion
_
2016 Nov 18, 3:21pm
The best part ... of a Trump White House
Is watching the pathetic conservative economic people all of sudden not care about
1. Debt
2. LRP Rates
3. 94 Million people not working
etc etc
What is Zero Brain Dead going to do... or the gold bugs or the Anti Fed crew... are they going to war on line with other conservatives
See... you can talk a lot BS when you're not in political power but when you lead... whistle... it all comes back to bite you back
That is the lack of discipline my fellow conservatives showed in the last 8 years
Fun facebook live on the Future of U.S. economics
https://www.facebook.com/Logan.Mohtashami/videos/vb.783163249/10154234591848250/?type=3&theater
Heraclitusstudent
2016 Nov 18, 4:12pm
In a few years you will have better demographics
That will make a lot of homeless people if we don't build affordable homes.
zzyzzx
2016 Nov 18, 4:54pm
How Trump Taj Mahal might reopen in a few months
TLANTIC CITY — Could the recently shuttered Trump Taj Mahal Casino Resort be reopened in a couple of months with a different name and workforce?
Some people think so.
Taj Mahal owner Carl Icahn and representatives of the casino have remained silent on the future of the more than 4.2 million-square-foot property since announcing in August that the resort would close. But some, including state Senate President Steve Sweeney, D-Salem, Gloucester, Cumberland, have expressed concerns about the property being closed for a couple of months, then reopening under a different name and without union employees.
The road to reopening the facility might not be that difficult for Icahn. The property’s casino license remains in effect and valid until it is surrendered through a Division of Gaming Enforcement order, said state gaming officials. Typically, casino license surrender can take place several months after a property is closed, officials said.
If Icahn decided to reopen with an operation similar in size and scope to the former Taj Mahal, the property would have to hire 2,500 employees.
The aging property is also in dire need of updating. When Icahn took over the casino hotel, he promised more than $100 million in investment, but he has decided to hold off until after the November North Jersey casino vote.
“Shutting down a casino that is profitable for six months is quite a hit,†said Gordon Lafer, a professor of labor at the University of Oregon, adding the casino market in the city has returned to profitability since four casinos closed in 2014.
In 2015, the property generated $15 million a month in gaming revenue, according to the DGE.
Rebranding a property can give it a new image, said Rummy Pandit, executive director of the Lloyd D. Levenson Institute of Gaming, Hospitality and Tourism at Stockton University.
“When you rebrand a property, you are starting from scratch, in a way,†Pandit said. “You are always going to have an issue with some people knowing it by its previous name, but that isn’t always a bad thing, because there is at least some awareness of you existing in the marketplace. One of the challenges with rebranding is that you have to clearly develop and target market segments all over again.â€
The success of the casinos in the Marina District would force the next incarnation of the Taj Mahal to focus on nongaming entertainment if it wants to be successful, said Richard Perniciaro, director of the Center for Regional and Business Research at Atlantic Cape Community College.
“With the recent announcement that the Showboat has been released from its need to be a casino property, it would seem that (Bart) Blatstein and, as also announced, (TEN owner Glenn) Straub understand that to be successful at that end of the Boardwalk and in a shrinking gaming market, noncasino entertainment is a must,†Perniciaro said. “The Taj will need to move in that direction. The marina area is too much of a casino gaming magnet to try to challenge them for market share.â€
Rew
2016 Nov 18, 5:01pm
Hey Dennis.. fuck off. You are not part of this community.
Elitist insider much? Ohhh wait ... makes perfect sense in relation to this thread topic. Establishment 2009 Pnet versus the 2012 newcomer. Dennis is far more the outsiders outsider than you! Drain the swamp! Ban junkmail!
:) teee-heeee
Rew
2016 Nov 18, 5:04pm
But then Pnet might not exist ... sniff sniff ... what would the world come tooooooooo.
Strategist
2016 Nov 18, 5:48pm
What if I bought a house in 2006 in San Diego?
You would have lost nothing. You would have actually gained, because some of the principal balance would have been paid off.
Gary Anderson
2016 Nov 18, 5:52pm
APOCALYPSEFUCK_is_ADORABLE says
Fourthly, he'll appoint Charles Keating comptroller of the currency
He met an untimely death.
Strategist
2016 Nov 18, 6:43pm
There will be no wall
There will be a wall. Those who want to immigrate to the US legally are welcome, but must get in line like everyone else.
A deportation force to round up and throw out 11 million undocumented people would be a logistic and economic nightmare
True. Trump only plans on deporting criminals. Good riddance.
and no ban on Muslims entering the country
Muslims from terrorist countries like saudi Arabia and Pakistan should be banned. We don't need them.
BayArea
2016 Nov 18, 6:53pm
Funding and maintaining a website that celebrates abject racism, misogyny, and other disgusting behaviors under the guise of "free speech" is another example of a really bad decision. I wouldn't be surprised if he got blackballed from the tech industry.
"Free" speech should NEVER be free of consequence. Words should ALWAYS have consequences, good or bad, or else they are meaningless.
You're pegging Patrick to that? You are off your rocker sir. You're twisting is beyond comprehension.
Strategist
2016 Nov 18, 6:57pm
There will be a wall.
Oh aren't you precious. Of course there will be a wall. Just like Bush's wall and everyone else who promised a wall before.
Politicians always lie. Trump is a businessman. He makes promises.
SoTex
2016 Nov 18, 6:58pm
Didn't take long for the lefty assholes to start posting monkey/chimp/orangutan pictures of the president elect. Fucking hypocrites would shit their pants and scream RAYCYST if that happened to Obummer. In fact, if I recall it DID happen early on causing a firestorm.
Expect to see this ad nauseam for the next 4 years from people like dick-nose Dennis.
Mrs Wonderful
2016 Nov 18, 7:01pm
Good job roberta.
I see you are on step 7 of Dickwads Anonymous, self-disassociation of previous Dickwad personalities.
Dennis Baugh says
No, I am NOT some loser who teaches remedial math at a shithole community college in the middle of the desert.
Strategist
2016 Nov 18, 7:04pm
Funding and maintaining a website that celebrates abject racism, misogyny, and other disgusting behaviors under the guise of "free speech" is another example of a really bad decision. I wouldn't be surprised if he got blackballed from the tech industry.
"Free" speech should NEVER be free of consequence. Words should ALWAYS have consequences, good or bad, or else they are meaningless.
Don't blame the opinions of individuals on Patrick. Free speech is free speech, wether you like it or not.
Thank You for the free speech site, Patrick.
BayArea
2016 Nov 18, 7:05pm
Funding and maintaining a website that celebrates abject racism, misogyny, and other disgusting behaviors under the guise of "free speech" is another example of a really bad decision. I wouldn't be surprised if he got blackballed from the tech industry.
"celebrates" pfffft
2016... the year when it's become trendy for liberals to accuse anyone who thinks differently than them of being racist and misogenistic 👎ðŸ¿
there are some bad apples here, but Patrick most certainly doesn't fall in that category
Strategist
2016 Nov 18, 7:11pm
There will be no wall
You seem very confident.
I'll bet you $100.00 Trump will start building a wall.
Strategist
2016 Nov 18, 7:18pm
I'll bet you $100.00 Trump will start building a wall.
Hahaha, you really are precious aren't you. "Start", sure thing pal.
The loser sends $100 to Patrick to be used towards the next meet up he attends. Are we on?
SoTex
2016 Nov 18, 7:19pm
They did the same to Obama AND Bush AND Clinton. Grow up and quit acting like a little bitch.
Bush A LOT Obama, not so much dick nose.
When you teach remedial math do you cover the concept of magnitude or is that just too much for you and your students?
Strategist
2016 Nov 18, 7:24pm
I say let them come HERE so we don't have to send poor people's children to die over THERE because Strategist is AFRAID.
So you think letting Saudis and Pakistanis into the US will reduce terrorism, and prevent wars.
You are nuts.
SoTex
2016 Nov 18, 7:35pm
1 Bush > 2 Clintons + 1 Obama
Hell, Trump isn't even president yet and he's approaching 800K.
Dick
Nose
Rin
2016 Nov 18, 7:45pm
The only Wall is that by Pink Floyd. Here's that album, dedicated to the Don ...
Yeah, renting instead of buying is a great move!
That is right!
Instead of buying, Patrick invested the down payment money ($100,000) in AAPL at 50c/share (adjusted price). This week he sold 1/3 of his position at $110/share to buy a 2.5mil house cash + capital gains taxes. The examining equity position pays him over $120,000/y in dividends.
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