EPT2020 Democratic Nominees - Page 36
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If this thread turns into a USPMT 2.0, we will not hesitate to shut it down. Do not even bother posting if all you're going to do is shit on the Democratic candidates while adding nothing of value. Rules: - Don't post meaningless one-liners. - Don't turn this into a X doesn't stand a chance against Trump debate. - Sources MUST have a supporting comment that summarizes the source beforehand. - Do NOT turn this thread into a Republicans vs. Democrats shit-storm. This thread will be heavily moderated. Expect the same kind of strictness as the USPMT. | ||
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Mohdoo
United States15725 Posts
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DarkPlasmaBall
United States45164 Posts
On February 20 2020 01:15 Mohdoo wrote: I think the debate is going to be very bad for Bloomberg. As much as it shouldn't matter, his physical characteristics work against him quite a bit. And there are multiple lines of attack that he has absolutely no defense against. I'm excited. Do you think he'll come across as meek and submissive? | ||
Nakajin
Canada8989 Posts
On February 20 2020 01:15 Mohdoo wrote: I think the debate is going to be very bad for Bloomberg. As much as it shouldn't matter, his physical characteristics work against him quite a bit. And there are multiple lines of attack that he has absolutely no defense against. I'm excited. We also shouldn't get to much on the Bloomberg "hype" train, there's still about 80-90% democrats who aren't voting for him, it's not like he comes into the debate as a favorite. He need to scores some point at the debate, not just resisting attacks. | ||
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Mohdoo
United States15725 Posts
On February 20 2020 01:20 DarkPlasmaBall wrote: Do you think he'll come across as meek and submissive? It feels like you are referring to something, but I don't know what that is. But I don't think he'll appear submissive. He'll try to walk out as big nuts Mike and it just won't work. He'll be like a worse version of Biden. | ||
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Logo
United States7542 Posts
On February 20 2020 01:28 Mohdoo wrote: It feels like you are referring to something, but I don't know what that is. But I don't think he'll appear submissive. He'll try to walk out as big nuts Mike and it just won't work. He'll be like a worse version of Biden. At the same time there's some really favorable moderators for Bloomberg (and really any non-Sanders). Chuck Todd is going to be one of the moderators and it's not to long ago he quoted an article that called Bernie Sander's supporter Brownshirts. | ||
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JimmyJRaynor
Canada17137 Posts
[B]On February 17 2020 00:37 BronzeKnee wrote:[/B Here is an interesting article which speaks volumes: https://markets.businessinsider.com/news/stocks/younger-americans-benefit-boomer-socialism-support-bernie-sanders-capitalism-reason-2020-2-1028908562 Older generations benefitted from things like pensions, and lower cost college, healthcare, housing and cars, but as that ladder that elevated the older generations gets pulled up and more people can't live at the standard their parents did (and are), it creates people who tend shift to one extreme or another. Economic instability is the foundation of nearly every revolution. It is easy to predict which nations will fail and which will succeed regardless of type of government, just look at their economy. I'm honestly scared that moderate political views will die completely. i think personal choice plays a huge role in all those items.. socialism is not some panacea. + Show Spoiler + i'm 32. i have a pension. lower cost college? i went to a university that only required my full time class room participation for stretches of 17 weeks at a time. two of the biggest money makers from my high school are skilled tradesmen. 1 is an auto mechanic who owns a 5 service bay garage and the other is a plumber. cars? the most expensive car i've ever owned is a toyota corolla. i pay $50/month for insurance because i've never been in a car accident in 16 years. part of it is luck. part of it is cautious, attentive driving on my part. OTOH, in the rental building across from my grandmothers condo are a whole bunch of Audi Quattros. Renters driving spending $1500/month on a car. Housing? interest rates are very low. in the 70s and 80s sky high interest rates made it very difficult to own a home. The opportunity for a successful life is out there for the physically healthy // able bodied. Just like in the 60s, 70s, 80s, and 90s successful living is a truckload of very, very hard work. I'm no different from any other generation. Obama Tweet About The Growing Economy I think this race will come down to Bloomberg and Sanders. Both guys would make a decent president. The media generates clicks/views via scare mongering. We are constantly told how horribly incompetent Trump, Bloomberg, and Sanders are. We are also told what horrible huiman beings they are. I disagree and take a more historical long range perspective. I think things are ok. my success and happiness are primarily up to me. It doesn't matter a whole lot whether Bloomberg or Sanders or Trump is Prez. | ||
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Geo.Rion
7377 Posts
On February 20 2020 03:09 JimmyJRaynor wrote: it comes down to personal choice. + Show Spoiler + i'm 32. i have a pension. lower cost college? i went to a university that only required my full time class room participation for stretches of 17 weeks at a time. two of the biggest money makers from my high school are skilled tradesmen. 1 is an auto mechanic who owns a 5 service bay garage and the other is a plumber. cars? the most expensive car i've ever owned is a toyota corolla. i pay $50/month for insurance because i've never been in a car accident in 16 years. part of it is luck. part of it is cautious, attentive driving on my part. OTOH, in the rental building across from my grandmothers condo are a whole bunch of Audi Quattros. Renters driving spending $1500/month on a car. Housing? interest rates are very low. in the 70s and 80s sky high interest rates made it very difficult to own a home. The opportunity for a successful life is out there for the physically healthy // able bodied. Just like in the 60s, 70s, 80s, and 90s successful living is a truckload of very, very hard work. I'm no different from any other generation. Obama Tweet About The Growing Economy I think this race will come down to Bloomberg and Sanders. Both guys would make a decent president. The media generates clicks/views via scare mongering. We are constantly told how horribly incompetent Trump, Bloomberg, and Sanders are. We are also told what horrible huiman beings they are. I disagree and take a more historical long range perspective. I think things are ok. my success and happiness are primarily up to me. It doesn't matter a whole lot whether Bloomberg or Sanders or Trump is Prez. Interest rates might have been higher, i dont actually know, but families and even individuals could afford to buy houses much more easily, because the net cost of real estate was much much lower. This is not a matter of opinion, nor a phenomenon specific to the USA, in my country it's even more extreme, but here s a grah about the US, business-insider: ![[image loading]](https://edge.alluremedia.com.au/uploads/businessinsider/2018/03/grattan-house-prices-Vs-wages.jpg) Ultimately, yes, you can be very successfull and have high living standards in this day and age, but the difference is real | ||
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JimmyJRaynor
Canada17137 Posts
On February 20 2020 03:22 Geo.Rion wrote: Interest rates might have been higher, i dont actually know but families and even individuals could afford to buy houses much more easily, because the net cost of real estate was much much lower. This is not a matter of opinion, nor a phenomenon specific to the USA, in my country it's even more extreme, but here s a grah about the US, business-insider: Ultimately, yes, you can be very successfull and have high living standards in this day and age, but the difference is real a major factor in housing prices rising is falling interest rates. median is a better stat for what you are trying to show. average gets misused a lot. i provided you the interest rates in the link. you can verify them if you wish. Furthermore, in that era banks piled on more interest rate points over and above the prime rate. consumers didn't have the mortgage shopping options they do now. I can provide more details about what the largest banks were charging for mortgages in that era. This generation won't be involuntarily conscripted into WW2 or Vietnam. The thing that kept my Canadian grandparents from moving south for better opportunities in the USA was the American War Machine chewing up their sons. Involuntary conscription of previous generations no longer exists. This is a good development. oh , btw, the average age of a vietnam front line combat soldier was 19. these "barely adults" returned home a shell of a human being. Relative to past generations... things are ok. Some things are better and some things are worse. The media generates clicks and views by pushing "sky is falling" narratives. These narratives feed into the agendas various extremists hold. | ||
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Logo
United States7542 Posts
But with the 400k house you need over twice as much up front money and you'll pay much more in property taxes. Also any of these aggregated house price charts don't reflect the amount some regions (cities) have spiked, but rather those increases are evened out by the large number of areas that have seen a big, but flatter increase. | ||
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JimmyJRaynor
Canada17137 Posts
generally speaking Real estate is going up in price at an accelerated rate and so you can flip the house in 7 years time and benefit much more from that 7 years of ownership than you could in 1980. Its similar to an NBA team owner technically making no money owning an NBA team for 10 years. The benefit the NBA owner receives is in the much higher franchise value. | ||
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Logo
United States7542 Posts
On February 20 2020 03:49 JimmyJRaynor wrote: in the areas of the country you are highlighting.... generally speaking Real estate is going up in price at an accelerated rate and so you can flip the house in 7 years time and benefit much more from that 7 years of ownership than you could in 1980. Its similar to an NBA team owner technically making no money owning an NBA team for 10 years. The benefit the NBA owner receives is in the much higher franchise value. How does the value of a house in 7 years help you buy a house now? If I can't afford $200,000 down the house being worth more in 7 years does nothing. If I can't afford a $2000/month mortgage the house being worth more in 7 years does nothing. | ||
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GreenHorizons
United States23513 Posts
On February 20 2020 01:02 Nakajin wrote: New Wapo-ABC poll has Sanders at 32% on the national level, up 9% since january, with Biden in free fall from 33% to 16%. Bloomberg is up quite bit, but is still "just" at 14%. Sanders is also no2 among black and first among moderate voters. Obviously it's just one poll, but it dosen't seem impossible for Sanders to win SC now and an overall majority going to the convention. https://www.washingtonpost.com/politics/sanders-surges-into-national-lead-in-new-post-abc-poll/2020/02/19/868266a4-5280-11ea-929a-64efa7482a77_story.html Sanders is up 10%+ in the RCP average nationally as well as up 10+ in California and Nevada and tied in the latest SC poll. The only question I have for the primary is how long they are going to resist letting Bernie have the nomination. If Bloomberg wasn't such an awful person he'd probably already have united the center against Bernie. | ||
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NewSunshine
United States5938 Posts
On February 20 2020 03:52 Logo wrote: How does the value of a house in 7 years help you buy a house now? If I can't afford $200,000 down the house being worth more in 7 years does nothing. If I can't afford a $2000/month mortgage the house being worth more in 7 years does nothing. Also most people who can still afford to drop that kind of money on a house aren't paying off $50-100,000 in student loans... | ||
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JimmyJRaynor
Canada17137 Posts
On February 20 2020 03:52 Logo wrote: How does the value of a house in 7 years help you buy a house now? If I can't afford $200,000 down the house being worth more in 7 years does nothing. If I can't afford a $2000/month mortgage the house being worth more in 7 years does nothing. when i owned a home on my own pre-gf i lined it up to own it in 30 years @ $1300/month. i then bumped it up to owning it in 15 years and my mortgage payments rose to ~ 1600/month. house was worth ~250K I improve my housing affordability by sticking to Toyota compact cars. Over 16 years I've owned 1 Tercel, 1 Echo, and 1 Corolla. For 1.5 years I had a Camaro Z28 for picking up girls. Half the guys I graduated with made the silly, irrational, emotional decision to buy some kind of expensive car. On February 20 2020 04:01 NewSunshine wrote: Also most people who can still afford to drop that kind of money on a house aren't paying off $50-100,000 in student loans... I stated in my original post, but spoilered out because it was personal info, I went to a university that only required 17 consecutive weeks of full time in school study at any one stretch. followed by ~17 weeks of full time work... on and on for 4.66 years until graduation. I took the option that offered the best possibility of a very low debt load post graduation. It comes down to personal choice. Vast majority of guys in my graduating class were less than $10,000 in debt. | ||
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Logo
United States7542 Posts
On February 20 2020 04:04 JimmyJRaynor wrote: when i owned a home on my own pre-gf i lined it up to own it in 30 years @ $1300/month. i then bumped it up to owning it in 15 years and my mortgage payments rose to ~ 1600/month. house was worth ~250K I improve my housing affordability by sticking to Toyota compact cars. Over 16 years I've owned 1 Tercel, 1 Echo, and 1 Corolla. Half the guys I graduated with made the silly, irrational, emotional decision to buy some kind of expensive car. Your entire house net worth is enough to maybe make a competitive downpayment bid on a budget house in many regions of the US. | ||
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NewSunshine
United States5938 Posts
On February 20 2020 04:04 JimmyJRaynor wrote: when i owned a home on my own pre-gf i lined it up to own it in 30 years @ $1300/month. i then bumped it up to owning it in 15 years and my mortgage payments rose to ~ 1600/month. house was worth ~250K I improve my housing affordability by sticking to Toyota compact cars. Over 16 years I've owned 1 Tercel, 1 Echo, and 1 Corolla. For 1.5 years I had a Camaro Z28 for picking up girls. Half the guys I graduated with made the silly, irrational, emotional decision to buy some kind of expensive car. I stated in my original post, but spoilered out because it was personal info, I went to a university that only required 17 consecutive weeks of full time in school study at any one stretch. followed by ~17 weeks of full time work... on and on for 4.66 years until graduation. I took the option that offered the best possibility of a very low debt load post graduation. It comes down to personal choice. Vast majority of guys in my graduating class were less than $10,000 in debt. That's very nice, but for those who don't go to a school that offered such an option, or for those who have a longer program, or if the school charges higher tuition, none of what you're describing is an option. There's reasons why college debt is a problem, and it's not a convenient wave of laziness that decided to target only millennials and down. | ||
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GoTuNk!
Chile4591 Posts
On February 20 2020 03:52 Logo wrote: How does the value of a house in 7 years help you buy a house now? If I can't afford $200,000 down the house being worth more in 7 years does nothing. If I can't afford a $2000/month mortgage the house being worth more in 7 years does nothing. You could buy it on credit, live rent free for 7 years, and re-sell it to pay the principal+interests. It's a great deal. I don't understand people's obsession with "owning a house". You can make so much money with 150-300k, live comfortably knowing that you have unlimited liquidity, and just rent. The same about "college" and "education". You should be doing a discounted cash flow projection of future income less college tuitition less oportunity cost of not working 5-6 years. If your degree is not gonna make you a shitload of money afterwards, simply don't get a degree not rewarded by the market. Like anything else housing prices is regulated by supply and demand, as long as the gonverment keeps coming up with new clever regulations and restrictions for new houses, the prices will keep going up. | ||
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JimmyJRaynor
Canada17137 Posts
On February 20 2020 04:29 NewSunshine wrote: That's very nice, but for those who don't go to a school that offered such an option, or for those who have a longer program, or if the school charges higher tuition, none of what you're describing is an option. There's reasons why college debt is a problem, and it's not a convenient wave of laziness that decided to target only millennials and down. yep, it can be a very big problem. I recommend people spend more time and energy on solving and managing this big issue as they start their post secondary education. In many cases "laziness" or commitment is a factor. My university classmates and I moved 9 times in 4.66 years and lived in 4 different cities as I went through university. it was rough. Almost all of my old high school friends chose to put themselves through a traditional university engineering program that involved none of this grind. They graduated in 3.66 years with $70,000 in debt and very little real world work experience. Most of my classmates graduated with less than $10,000 in debt and 2 full years of work experience with 3 different orgs. As i said before though... 2 of the richest guys who graduated from my high school are a mechanic and a plumber. College//University is not a necessity like oxygen. If you do go to university choose wisely so your debt load is low upon graduation. Personal choice is a big factor man. | ||
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JimmiC
Canada22817 Posts
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Mohdoo
United States15725 Posts
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