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Tom Kunich

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Sep 6, 2019, 5:47:03 PM9/6/19
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My friend made a 37% profit on his investment in the market yesterday in one day. Now he is extremely careful with his money and doesn't invest more than $5K at one time, but that is one hell of a lot of money per year.

Too much for my nerves.

Frank Krygowski

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Sep 6, 2019, 7:08:51 PM9/6/19
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On 9/6/2019 5:47 PM, Tom Kunich wrote:
> My friend made a 37% profit on his investment in the market yesterday in one day. Now he is extremely careful with his money and doesn't invest more than $5K at one time, but that is one hell of a lot of money per year.
>
> Too much for my nerves.

I have a retired friend who used to play seriously at day trading -
seriously enough that he rented office space so he could do trades all
day without having his concentration ruined by his wife or dog.

Back when we were fellow members of a local board, he came into a
meeting grinning ear to ear. We asked why he was so happy, and he said
something like "I made a killing today on stocks." And I don't doubt
that a bit. It was a day the markets had suddenly jumped something over 3%.

But later, we had board meetings on days the markets dropped similar
amounts. On those days, he never mentioned his day trading.


--
- Frank Krygowski

jbeattie

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Sep 6, 2019, 7:46:56 PM9/6/19
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I was driving home with my wife from Bend, and she had to pee -- so we stopped at the casino on the Warm Springs reservation. http://www.nanmillertimes.com/uploads/1/7/4/0/17401195/4590778_orig.jpg You'd never guess it was a casino.

Well, she's a fast pee-er, so I only had time to put $1 into a slot. It paid $60! I was a sixty-aire! We jumped into the car, bought a pound of coffee at my favorite back-woods coffee roaster in Rhododendron https://s3-media4.fl.yelpcdn.com/bphoto/YMpieZOLOP225nhjj8Z6Jw/o.jpg filled up the tank in Sandy and bought a take-and-bake pizza in Portland with our vast winnings. Liv'n large!

I will not discuss the amounts fed into money disposal units in Tahoe, Reno and Las Vegas. Warm Springs was very very good to me.

As for gambling in the market, it is so illiquid these days that making a not-so-big bet on some small cap stock can move the price an appreciable amount. You probably don't want to invest more than $5K a pop. I'm thinking of buying an index fund, faking a tweet from DT about China agreeing to a trade deal, and then cashing in big-time. Maybe be a hundred-aire!

-- Jay Beattie.



John B.

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Sep 6, 2019, 8:19:17 PM9/6/19
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On Fri, 6 Sep 2019 16:46:54 -0700 (PDT), jbeattie <jbeat...@msn.com>
wrote:
I once made $100 in 10 minute trading currency futures and bragged to
my wife "Honey, you'll never guess , I just made $100 in 10 minutes".

And she said, "I'll go shopping in the morning."

--
cheers,

John B.

news18

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Sep 7, 2019, 4:10:56 AM9/7/19
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On Fri, 06 Sep 2019 14:47:01 -0700, Tom Kunich wrote:

> My friend made a 37% profit on his investment in the market yesterday in
> one day. Now he is extremely careful with his money and doesn't invest
> more than $5K at one time, but that is one hell of a lot of money per
> year.

But does he make that every day?
Or is that just a rarie?

> Too much for my nerves.
So it was a very high risk gamble.

As the old saying goes; there are old investment traders and bold
investment traders, but no old and bold. Old is a relative turm like
underground coal miners where 10 years was considered very long term.

news18

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Sep 7, 2019, 4:14:25 AM9/7/19
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My one time GP whilst young thought he'd retire early by playing the
stock market and he'd happily tell you how much he had made each day. The
problem was broker fees ment he ended up loosing. He is still a G.P.

John B.

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Sep 7, 2019, 5:58:49 AM9/7/19
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On Sat, 7 Sep 2019 08:10:54 -0000 (UTC), news18 <new...@woa.com.au>
wrote:
Some years ago I read an article about a futures trading house - sow
bellies, sides of beef, etc., that went bankrupt and of course their
records became common knowledge.

A study of the records showed that of those that traded frequently,
while some made substantial gains from time to time, there were none
that did not lose money over the long term.

The ones who truly made money were those that actually used futures.
the guys that wanted 78,000 tons of flour - for their baking mills -
on 23 June next year.
--
cheers,

John B.

Tom Kunich

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Sep 7, 2019, 5:34:58 PM9/7/19
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He has been clearing an average of $6,000/wk for two years now. Companies like Morgan-Stanley, Merrill-Lynch and such are not nationwide super rich firms because they are hit and miss like Frank believes. If you know how to play the market and you are always conservative you make money. 4 years ago my friend was living in his garage and renting out his condo so that he could make the mortgage. Obama put him out of work and he spent the entire Obama regime out of work. He took some classes in investing and his mother passed away and left him a small nest-egg which has now turned into a rather large sum. He in general invests less than he makes in a week per day. And he isn't stupid.

jbeattie

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Sep 7, 2019, 7:43:57 PM9/7/19
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How did Obama put him out of work? Did he call his boss and get him fired? If he is clearing that kind of money on $5K investments, then you should give him your retirement account to manage.

-- Jay Beattie.

John B.

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Sep 7, 2019, 8:18:59 PM9/7/19
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On Sat, 7 Sep 2019 16:43:54 -0700 (PDT), jbeattie <jbeat...@msn.com>
Gee, didn't you know?

OB-1 spent day after day on the phone, calling employers telling them
to "get rid of that one", or "fire the other one." He hardly had time
for anything else with all that telephoning.
--
cheers,

John B.

Frank Krygowski

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Sep 7, 2019, 9:11:19 PM9/7/19
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I bet he doesn't go online to complain about grocery prices!

Since you DO complain about grocery prices (and crime where you live,
and how terrible your neighborhood is, and how nobody will hire you)
your friend seems to have some knowledge that you should learn.

You could then move out of that hell hole!


--
- Frank Krygowski

news18

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Sep 8, 2019, 12:53:41 AM9/8/19
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And that is really the reason behind all the remote sensing satellities;
those guys pay for the data to crunch the numbers on what goods are going
to be produced in the future.

John B.

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Sep 8, 2019, 1:38:22 AM9/8/19
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On Sun, 8 Sep 2019 04:53:39 -0000 (UTC), news18 <new...@woa.com.au>
Sort of. In the case I mentioned it might be that the company buys all
its flour in one order - BIG order, long time away = (usually) cheap
price - and if you are using large amounts it may be worth balancing
inventory against debt.

And of course that is what futures are all about.
--
cheers,

John B.

sms

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Sep 8, 2019, 7:20:44 AM9/8/19
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On 9/7/2019 4:43 PM, jbeattie wrote:

<snip>

> How did Obama put him out of work? Did he call his boss and get him fired? If he is clearing that kind of money on $5K investments, then you should give him your retirement account to manage.

When you're a bat-shit crazy right-wing Republican everything is Obama's
fault.

Tom Kunich

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Sep 8, 2019, 12:51:34 PM9/8/19
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When you are a Great Recession denying father humper you can forgive Obama absolutely anything. The entire state of California is filled with "Home For Sale" adds because of Democrat policies. One near me just sold after two years. In one really high priced area in one block I saw 3 for sale signs. These people aren't changing houses in California. I was in Menlo Park and Palo Alto and For Sale signs were everywhere.

People are leaving and all of the social services are directed to illegal aliens. SMS is going to have a REALLY good old age and he won't know why.

jbeattie

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Sep 8, 2019, 3:10:05 PM9/8/19
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People sell for a lot of reasons -- and for me, it will be in large part because of the high local property taxes and the Trump tax plan that eliminates the deduction for state income and property taxes and f***** people living in high tax states. Trump specifically f***** you, Tom Kunich, resident of California. This was a "punish your enemies and reward your friends" tax plan. If you are a real estate mogul in any state, however, you made a killing with the new tax plan. Who woulda thunk?

-- Jay Beattie.

John B.

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Sep 8, 2019, 6:19:42 PM9/8/19
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As you say, "people are leaving" but you are staying... and
complaining about groceries.

--
cheers,

John B.

John B.

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Sep 8, 2019, 6:21:33 PM9/8/19
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On Sun, 8 Sep 2019 12:10:02 -0700 (PDT), jbeattie <jbeat...@msn.com>
Politics. It is called "politics".

You know, vote for me and I'll do something nice for you.
--
cheers,

John B.

Tim McNamara

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Sep 12, 2019, 6:38:05 PM9/12/19
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On Sun, 8 Sep 2019 09:51:31 -0700 (PDT), Tom Kunich <slto...@gmail.com> wrote:
>
> When you are a Great Recession denying father humper...

You do know that the Great Recession started in the Bush Admnistration, right?

Tom Kunich

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Sep 12, 2019, 7:39:04 PM9/12/19
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Tim, please go to the Department of the Treasury Debt by the Penny and also look at the GDP history charts and you will see that Bush had nothing whatsoever to do with it. While the second year of the Democrat Controlled Congress (and Bush's last year) spent a lot of money the Great Recession is CLEARLY in Obama's pocket.

John B.

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Sep 12, 2019, 9:08:10 PM9/12/19
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On Thu, 12 Sep 2019 16:39:02 -0700 (PDT), Tom Kunich
<slto...@gmail.com> wrote:

>On Thursday, September 12, 2019 at 3:38:05 PM UTC-7, Tim McNamara wrote:
>> On Sun, 8 Sep 2019 09:51:31 -0700 (PDT), Tom Kunich <slto...@gmail.com> wrote:
>> >
>> > When you are a Great Recession denying father humper...
>>
>> You do know that the Great Recession started in the Bush Admnistration, right?
>
>Tim, please go to the Department of the Treasury Debt by the Penny and also look at the GDP history charts and you will see that Bush had nothing whatsoever to do with it. While the second year of the Democrat Controlled Congress (and Bush's last year) spent a lot of money the Great Recession is CLEARLY in Obama's pocket.

So now its GDP? You used to talk about the market until someone
pointed out that the market started going up within days of Obama's
election and continued up throughout his entire presidency.

So O.K. GDP - the first year of Obama's presidency the GDP fell 2.5%
whereupon the Congress approved the American Recovery and
Reinvestment Act (ARRA) which Obama had outlined during his campaign.

The economic stimulus package ended the Great Recession by spurring
consumer spending. Most importantly, it instilled the confidence
needed to boost economic growth. It also aimed to restore trust in the
financial services industry.

The GDP grew at an average rate of 2.26 annually during OBama's
presidency. Or looking at it a different way, in 2009 the nominal GDP
(in trillions) was 14,449. In 2017 it was 19,519.

Goodness that looks like a 34% growth during OB1's presidency.

Tom, I've told you and told you that it is better to be silent and be
thought a fool than to open your mouth and prove it.
--
cheers,

John B.

jbeattie

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Sep 12, 2019, 11:31:52 PM9/12/19
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O.K., what Obama policy was responsible for the Great Recession? How did Obama cause the recession? If you want to blame a Democrat, you should go back to Clinton, although he just signed a republican bill, the GBLA. https://en.wikipedia.org/wiki/Gramm–Leach–Bliley_Act

-- Jay Beattie.

Tom Kunich

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Sep 13, 2019, 11:14:28 AM9/13/19
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"If I haven't cut the national debt in half by the end of my first term I won't run again" (Debt Held By The Public nearly doubled just in the first term)

"If elected I will have all American boots on the ground within 16 weeks" (Not only did he expand the war in Afghanistan so much that we killed four times as many Americans as during Bush, he financed al Qaeda and the Taliban in Syria. These were already on the Terrorist list so his money to them was illegal. He also made every attempt to overthrow a duly elected government in Syria and also attempted to start a war there. His financing turned into ISIS which he THEN protected from the US military in Iraq and they were slaughtering civilians by the hundreds.)

"I will end the Veterans backlog of health care". ("He did almost nothing and it was in his second term and not his first and then only because it had become a political talking point.)

"If you like your doctor you can keep your doctor." (Under Obama-care the cost of health insurance grew by 1,000%)

"I will end the practice of writing legislation behind closed doors (with lobbyists)" (He did nothing of the sort. And his so-called bi-partisan committees were almost entirely RINO's on the red side)

To bring it to light - if you really think that Obama started ANY kind of "recovery" why have the Democrats complained endlessly that President Trump has changed every single Obama trade and labor policy? When you drop the GDP by 25% you should NOT be saying that it was economic growth just to recover that (which he did NOT do - it was Trump that brought the economy back to the level that it was when Obama entered office)

Today we have a total of 6.3 Million Americans looking for work or more accurately - looking to change to more interesting or profitable jobs. We also have 7.3 Million job openings.

In order to hide his incompetence ALL of the agencies of the government under Obama changed the rules of measurements. Inflation was re-evaluated not on staples but on things that people didn't use hence didn't buy and the prices appeared to remain neutral. He installed a chairman of the Federal Reserve that set the interest rates to ZERO for the majority of Obama's time. He also ordered printing of money in endless streams so that his giveaway programs had cash - this of course made the dollar worthless and so today we have ONE steak from a Supermarket costing $24/lb. I bought four normal items such as breakfast food and milk, a mixed green salad and some frozen yogurt and got a $32 bill at the local cut-rate grocery.

As we saw, people like Louis Lerner broke the laws at the IRS with impunity. No charges and she has retired with 3/4ths her full pay at retirement and full benefits.

The reports on the FBI and Justice Department are just coming to light and half of the leadership is likely to be facing a jury in short order.

You drive to your office totally blind of the human suffering around you and write here that you were making money during Obama. You remind me of a rich guy I know that complains that bastard Trump raised his taxes.

During Obama wages FELL. Since Trump has been in wages have gone up over 10%.

Let's face it Jay - your excuses can't fight facts.

jbeattie

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Sep 13, 2019, 11:59:52 AM9/13/19
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One more time with emphasis, what Obama policy caused the recession? Was it the stimulus package to reverse the recession that caused he recession? Was it QE or the Fed loading up on government debt that caused the recession? I'm waiting for you to identify a single Obama policy -- or even a Fed policy -- that caused the steaming pile of sh** Obama inherited on his first day in the job. And while you're at it, what Trump policy is responsible for recent job growth? It's not the tax give-away. https://www.bloomberg.com/news/articles/2019-03-06/trump-s-big-tax-cuts-did-little-to-boost-economic-growth


Also, are you now criticizing low Fed rates? The Chosen One is driving bond yields into negative territory, and that's O.K.? Trade is AFU, the national debt is at historic highs, wars are continuing, etc., etc., and all of that is O.K. WAKE UP! Time for a medication change.

-- Jay Beattie.

Zen Cycle

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Sep 13, 2019, 12:43:41 PM9/13/19
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Jay,
I went through this with tommyboy months ago. I showed him exactly those treasury department web pages showing that Bush signed the TARP agreement, and the economy was in freefall before obama even got the nomination, let alone elected. His response was to try to blame it on clinton for signing the gramm leach bliley act - obviously the fact that gramm, leach, and bliley were all republicans, and the bill was signed into law when the republicans held both houses of congress was completely lost on him. When I pointed that out, he started rambling about how roosevelt was a racist for not intgrating the armed forces in WW2. Kunich is a complete moron, and trying to argue with him is like trying to argue with drunk who insists he can still drive.

Tom Kunich

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Sep 13, 2019, 1:48:34 PM9/13/19
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Before Bush left office the sub-prime mortgages that were signed into law by Bill Clinton WERE GONE. The bankruptcies were yet to come. These were caused by Obama's so-called economic stimulus in which the prime lending rate was reduced to a quarter of one percent.

During Bush the US has a excess of production. This causes evaluation of the dollar as prices drop. Obama entering office immediately was going to "correct" this which in fact was a good thing to happen. Instead he did precisely the opposite and printed money like it was going out of style thus causing massive inflation which led the entire world into the recession as well since the American dollar is the world standard.

The GUTS of the Gramm, Leach Bliley Act was THE REPEAL of the Glass-Stegall Act which had been ruled unconstitutional by the Supreme Court. So please don't through your uneducated crap around. All that ACTUALLY changed was that Banks and Investment firms could either invest or bank their customer's money. BIG DEAL. Previously each was limited to either banking or investing.

The fact is that starting almost on the DAY that Obama was sworn into office the Dow lost 50% of it's value over the next two years after hitting a high before he was elected.

But you and Jay are sniveling that it wasn't his fault. He couldn't help it. He just happened to be sending billions overseas, cutting military funding, expanding wars, weaponizing his departments against the Republicans and making the bullshit claims that there is man-made global warming. Plus pitting every possible minority against ever other. Who ever even HEARD of LGBTQ before Obama? The most racist people on Earth are the Democrats and I've written extensively on all of the documented proofs.

Tom Kunich

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Sep 13, 2019, 2:33:08 PM9/13/19
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It appears that Google's wonderful system erased my posting.

Tell us what the Gramm, Leach, Bliley act has to do with anything? For the stupid and uninformed all it did was to remove the Glass-Stegal Act which the Supreme court had ruled unconstitutional.

And all that was, was to allow investment firms and banks to BOTH either bank their customer's money or to invest it.

It JUST accidently happened that just before Obama entered office the Dow hit a new high. And over the next two years it just happened to lose half of its value right?

It just happened that as unemployment hit 10% that Obama and crew CHANGED the way that unemployment was measured. That after your unemployment ran out if you didn't CONTINUE to go in to the unemployment office every week with proof that you looked for work that you were considered "No longer in the work force". At that point unemployment started going down despite the actual number perhaps getting as high as 20%.

It JUST happened that the Obama administration ignored that the dip started upon the Democrat controlled Congress budget from the last several months of 2008. It was simply an accident that they showed a totally bizarre GDP drop of only -2.8% when everyone and their brother was losing their jobs. Somehow the GDP was going up while the tech industries such as Google and Facebook didn't have to pay taxes.

The GDP went up despite Obama handing out HUGE "subsidies" to "green energy" industries who promptly paid huge bonuses to their executives and stockholders and went bankrupt. Strange that never showed on the Obama balance sheet.

Strange how Obama just HAPPENED to pit every minority group against every other which again caused production to drop sharply as industry started hiring minorities and women that were entirely unexperienced.

But then you believe in Comey, Crowley and Mueller. You think that Lois Lerner did the right thing. Rosenstein and Strozk are heroes.

The Lame Stream Media all of whom say the same thing at the same time just accidently have that happen every night. An over-the-counter AR15 look alike is a "Weapon of War" and not the same semi-automatic rifle that has been sold for 60 years with a different stock on it.

Do you and Jay work in the same building? Do you both drive by the immense homeless camps in Portland not seeing them? Do neither of you see entire neighborhoods peopled with inhabitants that cannot read nor write or speak English poorly if at all? Where all of the store front signs and even the advertising on the sides of buses is in Spanish?

I went into a Mexican Restaurant the other day and ordered a dish that I well know. The waitress is correcting my Spanish pronunciation because she has a Merida accent!

John B.

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Sep 13, 2019, 6:45:55 PM9/13/19
to
On Fri, 13 Sep 2019 09:43:39 -0700 (PDT), Zen Cycle
<funkma...@hotmail.com> wrote:

>On Friday, September 13, 2019 at 11:59:52 AM UTC-4, jbeattie wrote:
>> On Friday, September 13, 2019 at 8:14:28 AM UTC-7, Tom Kunich wrote:
>> > On Thursday, September 12, 2019 at 8:31:52 PM UTC-7, jbeattie wrote:
>> > > On Thursday, September 12, 2019 at 4:39:04 PM UTC-7, Tom Kunich wrote:
>> > > > On Thursday, September 12, 2019 at 3:38:05 PM UTC-7, Tim McNamara wrote:
>> > > > > On Sun, 8 Sep 2019 09:51:31 -0700 (PDT), Tom Kunich <slto...@gmail.com> wrote:
>> > > > > >
>> > > > > > When you are a Great Recession denying father humper...
>> > > > >
>> > > > > You do know that the Great Recession started in the Bush Admnistration, right?
>> > > >
>> > > > Tim, please go to the Department of the Treasury Debt by the Penny and also look at the GDP history charts and you will see that Bush had nothing whatsoever to do with it. While the second year of the Democrat Controlled Congress (and Bush's last year) spent a lot of money the Great Recession is CLEARLY in Obama's pocket.
>> > >
>> > > O.K., what Obama policy was responsible for the Great Recession? How did Obama cause the recession? If you want to blame a Democrat, you should go back to Clinton, although he just signed a republican bill, the GBLA. https://en.wikipedia.org/wiki/Gramm豊each烹liley_Act
>> > >
>> > > -- Jay Beattie.
>> >
>> > "If I haven't cut the national debt in half by the end of my first term I won't run again" (Debt Held By The Public nearly doubled just in the first term)
>> >
>> > "If elected I will have all American boots on the ground within 16 weeks" (Not only did he expand the war in Afghanistan so much that we killed four times as many Americans as during Bush, he financed al Qaeda and the Taliban in Syria. These were already on the Terrorist list so his money to them was illegal. He also made every attempt to overthrow a duly elected government in Syria and also attempted to start a war there. His financing turned into ISIS which he THEN protected from the US military in Iraq and they were slaughtering civilians by the hundreds.)
>> >
>> > "I will end the Veterans backlog of health care". ("He did almost nothing and it was in his second term and not his first and then only because it had become a political talking point.)
>> >
>> > "If you like your doctor you can keep your doctor." (Under Obama-care the cost of health insurance grew by 1,000%)
>> >
>> > "I will end the practice of writing legislation behind closed doors (with lobbyists)" (He did nothing of the sort. And his so-called bi-partisan committees were almost entirely RINO's on the red side)
>> >
>> > To bring it to light - if you really think that Obama started ANY kind of "recovery" why have the Democrats complained endlessly that President Trump has changed every single Obama trade and labor policy? When you drop the GDP by 25% you should NOT be saying that it was economic growth just to recover that (which he did NOT do - it was Trump that brought the economy back to the level that it was when Obama entered office)
>> >
>> > Today we have a total of 6.3 Million Americans looking for work or more accurately - looking to change to more interesting or profitable jobs. We also have 7.3 Million job openings.
>> >
>> > In order to hide his incompetence ALL of the agencies of the government under Obama changed the rules of measurements. Inflation was re-evaluated not on staples but on things that people didn't use hence didn't buy and the prices appeared to remain neutral. He installed a chairman of the Federal Reserve that set the interest rates to ZERO for the majority of Obama's time. He also ordered printing of money in endless streams so that his giveaway programs had cash - this of course made the dollar worthless and so today we have ONE steak from a Supermarket costing $24/lb. I bought four normal items such as breakfast food and milk, a mixed green salad and some frozen yogurt and got a $32 bill at the local cut-rate grocery.
>> >
>> > As we saw, people like Louis Lerner broke the laws at the IRS with impunity. No charges and she has retired with 3/4ths her full pay at retirement and full benefits.
>> >
>> > The reports on the FBI and Justice Department are just coming to light and half of the leadership is likely to be facing a jury in short order.
>> >
>> > You drive to your office totally blind of the human suffering around you and write here that you were making money during Obama. You remind me of a rich guy I know that complains that bastard Trump raised his taxes.
>> >
>> > During Obama wages FELL. Since Trump has been in wages have gone up over 10%.
>> >
>> > Let's face it Jay - your excuses can't fight facts.
>>
>> One more time with emphasis, what Obama policy caused the recession? Was it the stimulus package to reverse the recession that caused he recession? Was it QE or the Fed loading up on government debt that caused the recession? I'm waiting for you to identify a single Obama policy -- or even a Fed policy -- that caused the steaming pile of sh** Obama inherited on his first day in the job. And while you're at it, what Trump policy is responsible for recent job growth? It's not the tax give-away. https://www.bloomberg.com/news/articles/2019-03-06/trump-s-big-tax-cuts-did-little-to-boost-economic-growth
>>
>>
>> Also, are you now criticizing low Fed rates? The Chosen One is driving bond yields into negative territory, and that's O.K.? Trade is AFU, the national debt is at historic highs, wars are continuing, etc., etc., and all of that is O.K. WAKE UP! Time for a medication change.
>>
>> -- Jay Beattie.
>
>Jay,
>I went through this with tommyboy months ago. I showed him exactly those treasury department web pages showing that Bush signed the TARP agreement, and the economy was in freefall before obama even got the nomination, let alone elected. His response was to try to blame it on clinton for signing the gramm leach bliley act - obviously the fact that gramm, leach, and bliley were all republicans, and the bill was signed into law when the republicans held both houses of congress was completely lost on him. When I pointed that out, he started rambling about how roosevelt was a racist for not intgrating the armed forces in WW2. Kunich is a complete moron, and trying to argue with him is like trying to argue with drunk who insists he can still drive.

The one thing I am still trying to understand about Tom is whether he
actually believes his long and loud complaints about the Obama years.

As you did, I posted actual stock market and GDP numbers from the Bush
presidency and the Obama showing that the economy did in fact fall
through the floor during the bush years and gained a substantial
amount under Obama. And even though I posted references for my figures
he ignores all the data and insists that Obama was the devil in
disguise.

So the question is whether Tom is so far divorced from reality that he
actually believes what he preaches or whether he is just one of those
monsters that live under the bridge and likes to be noticed.
--
cheers,

John B.

John B.

unread,
Sep 13, 2019, 7:39:22 PM9/13/19
to
On Fri, 13 Sep 2019 11:33:06 -0700 (PDT), Tom Kunich
<slto...@gmail.com> wrote:

>On Friday, September 13, 2019 at 9:43:41 AM UTC-7, Zen Cycle wrote:
>> On Friday, September 13, 2019 at 11:59:52 AM UTC-4, jbeattie wrote:
>> > On Friday, September 13, 2019 at 8:14:28 AM UTC-7, Tom Kunich wrote:
>> > > On Thursday, September 12, 2019 at 8:31:52 PM UTC-7, jbeattie wrote:
>> > > > On Thursday, September 12, 2019 at 4:39:04 PM UTC-7, Tom Kunich wrote:
>> > > > > On Thursday, September 12, 2019 at 3:38:05 PM UTC-7, Tim McNamara wrote:
>> > > > > > On Sun, 8 Sep 2019 09:51:31 -0700 (PDT), Tom Kunich <slto...@gmail.com> wrote:
>> > > > > > >
>> > > > > > > When you are a Great Recession denying father humper...
>> > > > > >
>> > > > > > You do know that the Great Recession started in the Bush Admnistration, right?
>> > > > >
>> > > > > Tim, please go to the Department of the Treasury Debt by the Penny and also look at the GDP history charts and you will see that Bush had nothing whatsoever to do with it. While the second year of the Democrat Controlled Congress (and Bush's last year) spent a lot of money the Great Recession is CLEARLY in Obama's pocket.
>> > > >
>> > > > O.K., what Obama policy was responsible for the Great Recession? How did Obama cause the recession? If you want to blame a Democrat, you should go back to Clinton, although he just signed a republican bill, the GBLA. https://en.wikipedia.org/wiki/Gramm豊each烹liley_Act
Ah history repeats itself.

I grew up in a little New England town where probably half the shop
signs were in French and at least half the town had funny family names
like Debuque, Couture, Le Blanc. In the next town south it was Polish
or Russian. My guess is that when Andrew's ancestors hit these shores
they traded in shops with signs in Italian and likely Frank's
ancestors traded in ethnic shops also.

https://www.ancestry.com/name-origin?surname=kunich
In fact, a quick check of the name Kunich seems to show that the
majority immigrated between the 1890's and as late as the 1920's.
A "Johnny-come-lately" so to speak.

It might also be pointed out that the U.S. historic immigration
policies - Ellis Island~ "Give us your tired, your poor
your huddled masses yearning to breathe free" ensured a source of
cheap labor who built much of the early transportation facilities in
the U.S. The Erie Canal was built largely by Irish labor, The
transcontinental railroad use a great many Chinese laborers, etc.

So the Spanish speakers are just the current crop of tired huddled
masses looking for a job.
--
cheers,

John B.

Radey Shouman

unread,
Sep 14, 2019, 5:23:00 PM9/14/19
to
John B. <jbsl...@fictitious.site> writes:

> On Fri, 13 Sep 2019 11:33:06 -0700 (PDT), Tom Kunich
> <slto...@gmail.com> wrote:
>
>>On Friday, September 13, 2019 at 9:43:41 AM UTC-7, Zen Cycle wrote:
>>> On Friday, September 13, 2019 at 11:59:52 AM UTC-4, jbeattie wrote:
>>> > On Friday, September 13, 2019 at 8:14:28 AM UTC-7, Tom Kunich wrote:
>>> > > On Thursday, September 12, 2019 at 8:31:52 PM UTC-7, jbeattie wrote:
>>> > > > On Thursday, September 12, 2019 at 4:39:04 PM UTC-7, Tom Kunich wrote:
>>> > > > > On Thursday, September 12, 2019 at 3:38:05 PM UTC-7, Tim McNamara wrote:
>>> > > > > > On Sun, 8 Sep 2019 09:51:31 -0700 (PDT), Tom Kunich <slto...@gmail.com> wrote:
>>> > > > > > >
>>> > > > > > > When you are a Great Recession denying father humper...
>>> > > > > >
>>> > > > > > You do know that the Great Recession started in the Bush Admnistration, right?
>>> > > > >
>>> > > > > Tim, please go to the Department of the Treasury Debt by
>>> > > > > the Penny and also look at the GDP history charts and you
>>> > > > > will see that Bush had nothing whatsoever to do with
>>> > > > > it. While the second year of the Democrat Controlled
>>> > > > > Congress (and Bush's last year) spent a lot of money the
>>> > > > > Great Recession is CLEARLY in Obama's pocket.
>>> > > >
>>> > > > O.K., what Obama policy was responsible for the Great
>>> > > > Recession? How did Obama cause the recession? If you want to
>>> > > > blame a Democrat, you should go back to Clinton, although he
>>> > > > just signed a republican bill, the
>>> > > > GBLA. https://en.wikipedia.org/wiki/Gramm–Leach–Bliley_Act
Some are, many are not. Spanish was the European language of California
before it's conquest by the USA, and many of the people still living
there are descendants of those who lived under Spanish or Mexican rule.

John B.

unread,
Sep 14, 2019, 6:30:24 PM9/14/19
to
On Sat, 14 Sep 2019 17:22:57 -0400, Radey Shouman
<sho...@comcast.net> wrote:

Much Snipped

>> transcontinental railroad use a great many Chinese laborers, etc.
>>
>> So the Spanish speakers are just the current crop of tired huddled
>> masses looking for a job.
>
>Some are, many are not. Spanish was the European language of California
>before it's conquest by the USA, and many of the people still living
>there are descendants of those who lived under Spanish or Mexican rule.

I worked with a guy who claimed his ancestors immigrated to California
before there was a United States.

But I was referring to the Spanish speaking immigrants that Tom was
complaining about. (Poor, not many skills, can't speak English
well.... sort of like 90% of the rest of the population when they
arrived :-)
--
cheers,

John B.

Radey Shouman

unread,
Sep 14, 2019, 8:30:30 PM9/14/19
to
John B. <jbsl...@fictitious.site> writes:

> On Sat, 14 Sep 2019 17:22:57 -0400, Radey Shouman
> <sho...@comcast.net> wrote:
>
> Much Snipped
>
>>> transcontinental railroad use a great many Chinese laborers, etc.
>>>
>>> So the Spanish speakers are just the current crop of tired huddled
>>> masses looking for a job.
>>
>>Some are, many are not. Spanish was the European language of California
>>before it's conquest by the USA, and many of the people still living
>>there are descendants of those who lived under Spanish or Mexican rule.
>
> I worked with a guy who claimed his ancestors immigrated to California
> before there was a United States.

I knew quite a few guys who claimed ancestors who immigrated to New
Mexico before there was a United States. At least a few of them were
probably right.

> But I was referring to the Spanish speaking immigrants that Tom was
> complaining about. (Poor, not many skills, can't speak English
> well.... sort of like 90% of the rest of the population when they
> arrived :-)

In my experience Spanish speakers in a lot of the US are more likely not
to learn English than immigrant speakers of almost any other language.
I think this is because there is more support for them, a much larger
number of people that they can deal with in their own language. Part of
the reason is that a big part of the US used to have Spanish as the
language of government and the ruling class.

Unlike Tom, I don't think this is such a terrible thing.

John B.

unread,
Sep 14, 2019, 9:10:34 PM9/14/19
to
On Sat, 14 Sep 2019 20:30:27 -0400, Radey Shouman
Generally people have learned English if it was necessary. My little
home town was divided fairly evenly between the English speaking WASPS
and the French speaking immigrants - from Canada originally to work in
the woods and later in the woolen mills.

On the French side of town the grand parents usually couldn't speak
English. The next generation spoke English but perhaps with an accent
and my generation talked "just like I do" :-) On the French side of
town there were many shops with French language signs and where the
employees spoke French and as the older generation died so did the
shops as the next generation could speak English.

By the way, "a big part of the US used to have Spanish as the
language of government and the ruling class". In California Spanish
was the name of the game until the Anglos came whereupon the Spanish
slowly disappeared. In 1840 (census) the non Indian population of
California was 8,000. In 1850 the population was 120,000, mainly
English speaking immigrants from the U.S. in 1878 English was made, by
law, the official language.

The same thing happened in the rest of the new territories - Texas,
Louisiana and Florida. As soon as the U.S. gained control there was an
influx of settlers from the Eastern U.S. which "overran" the Spanish
speakers.

You can see the effect, in reverse, in Miami, Florida. When I went to
collage in Miami - 1950's there were,, one might say, no Spanish
speakers in the city. Then came the Cuba exodus and now it is likely
that the majority of the city speak Spanish.

The problem with non-English speakers is that it separates them from
the rest of the country. Think about it. They talk funny, you can't
hardly understand them, they probably go to a different church, they
seem to have few marketable skills and are relegated to the lower
paying work.... would you want your daughter to marry....
--
cheers,

John B.

Frank Krygowski

unread,
Sep 14, 2019, 9:49:37 PM9/14/19
to
On 9/14/2019 8:30 PM, Radey Shouman wrote:
>
> In my experience Spanish speakers in a lot of the US are more likely not
> to learn English than immigrant speakers of almost any other language.
> I think this is because there is more support for them, a much larger
> number of people that they can deal with in their own language. Part of
> the reason is that a big part of the US used to have Spanish as the
> language of government and the ruling class.
>
> Unlike Tom, I don't think this is such a terrible thing.

I've noted that everything item our big hardware stores is labeled in
both English and Spanish. I know that when my grandparents came to
America, nothing was labeled in English and Polish. Those grandparents
probably learned English pretty quickly. Their kids (my parents) were
thoroughly American.

But I can understand the desire to retain many elements of one's home
culture. As with so many things, some balance is necessary.

--
- Frank Krygowski

Frank Krygowski

unread,
Sep 14, 2019, 9:52:22 PM9/14/19
to
On 9/14/2019 9:10 PM, John B. wrote:
>
>
> Generally people have learned English if it was necessary. My little
> home town was divided fairly evenly between the English speaking WASPS
> and the French speaking immigrants - from Canada originally to work in
> the woods and later in the woolen mills.
>
> On the French side of town the grand parents usually couldn't speak
> English. The next generation spoke English but perhaps with an accent
> and my generation talked "just like I do" :-) On the French side of
> town there were many shops with French language signs and where the
> employees spoke French and as the older generation died so did the
> shops as the next generation could speak English.

I've probably mentioned this before, but traveling through Eastern
Canada, we saw lots of bi-lingual road signs.

Except in Quebec. No (or at least, very few) bi-lingual road signs.
"Learn French, dammit!"

I wonder if they are told they are small minded, insensitive and
prejudiced.

--
- Frank Krygowski

John B. Slocomb

unread,
Sep 15, 2019, 1:30:39 AM9/15/19
to
There was a book written about the early days of some Jewish
Immigrants in New York and it talks about people taking English
language lessons for a penny a day, and how they sometimes had to
scrimp to get the penny.

Re ethnic shops, it is probably a matter of population. My home town
was probably 55 - 60% French and there certainly were shops with
French signs. Of course the sign said something like "Thibodeau's"
which I thought was a perfectly normal American name :-)

The next town South had a large White Russian and possibly Polish
population and it certainly had shop signs that were not in English...
although I couldn't read them. They also had their own radio station
in whatever language it was.
--

Cheers,

John B.

John B. Slocomb

unread,
Sep 15, 2019, 1:41:44 AM9/15/19
to
In Thailand many traffic sign's are in Thai and English, althugh that
depends largely on location. Tourist centers are nearly all bi-lingual
while out in the boondocks it is mostly Thai.

The English, though, spelling, varies. sometimes from sign to sign.
The major road that our Bangkok house is is near is spelled, on signs,
three ways within a city block. Although to be honest, that is at
least partly because many Thai words are difficult to spell using
English letters.
--

Cheers,

John B.

John B. Slocomb

unread,
Sep 15, 2019, 1:44:47 AM9/15/19
to
On Sat, 14 Sep 2019 20:30:27 -0400, Radey Shouman
There was a while that California had Spanish language schools,
apparently for immigrants. Apparently they stopped and I read a news
blurb, at the time, saying that the School People had discovered that
none that went to these schools could speak English :-)

>Unlike Tom, I don't think this is such a terrible thing.
--

Cheers,

John B.

John B. Slocomb

unread,
Sep 15, 2019, 4:42:42 AM9/15/19
to
On Sat, 14 Sep 2019 17:22:57 -0400, Radey Shouman
<sho...@comcast.net> wrote:

>John B. <jbsl...@fictitious.site> writes:
>
>> On Fri, 13 Sep 2019 11:33:06 -0700 (PDT), Tom Kunich
>> <slto...@gmail.com> wrote:
>>
>>>On Friday, September 13, 2019 at 9:43:41 AM UTC-7, Zen Cycle wrote:
>>>> On Friday, September 13, 2019 at 11:59:52 AM UTC-4, jbeattie wrote:
>>>> > On Friday, September 13, 2019 at 8:14:28 AM UTC-7, Tom Kunich wrote:
>>>> > > On Thursday, September 12, 2019 at 8:31:52 PM UTC-7, jbeattie wrote:
>>>> > > > On Thursday, September 12, 2019 at 4:39:04 PM UTC-7, Tom Kunich wrote:
>>>> > > > > On Thursday, September 12, 2019 at 3:38:05 PM UTC-7, Tim McNamara wrote:
>>>> > > > > > On Sun, 8 Sep 2019 09:51:31 -0700 (PDT), Tom Kunich <slto...@gmail.com> wrote:
>>>> > > > > > >
>>>> > > > > > > When you are a Great Recession denying father humper...
>>>> > > > > >
>>>> > > > > > You do know that the Great Recession started in the Bush Admnistration, right?
>>>> > > > >
>>>> > > > > Tim, please go to the Department of the Treasury Debt by
>>>> > > > > the Penny and also look at the GDP history charts and you
>>>> > > > > will see that Bush had nothing whatsoever to do with
>>>> > > > > it. While the second year of the Democrat Controlled
>>>> > > > > Congress (and Bush's last year) spent a lot of money the
>>>> > > > > Great Recession is CLEARLY in Obama's pocket.
>>>> > > >
>>>> > > > O.K., what Obama policy was responsible for the Great
>>>> > > > Recession? How did Obama cause the recession? If you want to
>>>> > > > blame a Democrat, you should go back to Clinton, although he
>>>> > > > just signed a republican bill, the
>>>> > > > GBLA. https://en.wikipedia.org/wiki/Gramm豊each烹liley_Act
But I really wonder.

From what I read the "Californios", which I take to be Spanish
speaking and of Spanish, Mexican decent, who lived in California had
finally had enough of the Mexican government and seized control of the
territory of Alta California in 1846. In this period there were
estimated to be about 9,000 former Californios and about 3,000 United
States citizens in the state.

The population of California was an estimated 92,590 in 1850 and by
1860 it had grown to 399,999 largely due to the gold rush.

I suspect that between the 1840's and the 1870's the Spanish speaking
population of California was "drowned" by the inrush of English
speakers from the East.

I might add that I lived in California - largely in the Oakland and
Riverside areas in the late 1960's and early '70's and I don't
remember ever meeting anyone who spoke Spanish. I don't mean that
there weren't any but they scarce enough that in the central parts of
California one didn't meet them although I believe that this was very
different in the San Diego area.
--

Cheers,

John B.

jbeattie

unread,
Sep 15, 2019, 10:47:51 AM9/15/19
to
Do you mean spoke only Spanish? Lots of people speak Spanish in California. My brother won the Spanish award in high school. I spoke enough Spanish to get by working ambulance on the east side of San Jose. "Dolor?" There are lots of places in Northern California with large immigrant Spanish-speaking populations including the Central Valley and parts of the East Bay. I have no doubt TK hears a lot of Spanish speakers. Are they "illegal?" Who knows. Are they bad people? Who knows. Statistically, some will be bad and some will be good. I suspect the Spanish-speaking bell curve is about the same as the English-speaking bell curve.

-- Jay Beattie.


David Scheidt

unread,
Sep 15, 2019, 11:05:50 AM9/15/19
to
Frank Krygowski <frkr...@sbcglobal.net> wrote:
:On 9/14/2019 8:30 PM, Radey Shouman wrote:
:>
:> In my experience Spanish speakers in a lot of the US are more likely not
:> to learn English than immigrant speakers of almost any other language.
:> I think this is because there is more support for them, a much larger
:> number of people that they can deal with in their own language. Part of
:> the reason is that a big part of the US used to have Spanish as the
:> language of government and the ruling class.
:>
:> Unlike Tom, I don't think this is such a terrible thing.

:I've noted that everything item our big hardware stores is labeled in
:both English and Spanish. I know that when my grandparents came to
:America, nothing was labeled in English and Polish. Those grandparents

I'll bet you they were.

A hardware store near me closed, after 120 years. One of the things
they sold off were original hardware bins and drawers, which they'd
put in the basement in the 20s. They were all labeled in German.
Only German, not bilingual. The owners were German, the neighborhood
was German, and I'm sure they talked German to them.

Non English language newspapers were a feature of every modestly sized
city in the now rust belt.

--
sig 61

AMuzi

unread,
Sep 15, 2019, 12:42:58 PM9/15/19
to
German was required in Milwaukee (and other Wisconsin)
schools until 1914.

--
Andrew Muzi
<www.yellowjersey.org/>
Open every day since 1 April, 1971


AMuzi

unread,
Sep 15, 2019, 12:45:48 PM9/15/19
to
+1

Tom Kunich

unread,
Sep 15, 2019, 1:16:20 PM9/15/19
to
Then you haven't come from a family that only speaks English poorly. Spreckles Sugar in the 19th Century in Salinas California was a center for Croatians. They all only learned sufficient English to gain American citizenship but NONE of their children would utter a world of Croatian beyond "Hello". The parents would speak in Croatian and the children would only reply back again in English. All of the races were similar in that except for the Mexicans/Spanish.

You cannot expect to get any good job without perfect use of English and destroying your children's future by not having them learn perfect English is a terrible thing if you haven't been direct witness to it.

What's more, ANY illegals are a terrible thing. We cannot provide proper assistance to the American citizens and yet we are giving illegals things like automobiles here in California. If you do not find THAT a terrible thing I have to wonder what in the hell you would think a terrible thing.

Tom Kunich

unread,
Sep 15, 2019, 1:18:42 PM9/15/19
to
Culture is not reflected with English. You can find a higher percentage of Hungarians in Hungary that speak English well than the illegal population of Hispanics in the USA.

jbeattie

unread,
Sep 15, 2019, 3:22:25 PM9/15/19
to
I find your repetition of utter BS a terrible thing. https://www.politifact.com/truth-o-meter/statements/2018/oct/22/donald-trump/donald-trump-says-democrats-want-give-cars-undocum/ You need to quit repeating the alt-right nonsense.

Yes, we should enforce our immigration laws, but "illegals" are currently among those funding your social security welfare. https://www.marketplace.org/2019/01/28/undocumented-immigrants-quietly-pay-billions-social-security-and-receive-no/ You should be hugging each and every one and saying gracias.

-- Jay Beattie.

Tom Kunich

unread,
Sep 15, 2019, 6:05:44 PM9/15/19
to
Kiss my what? During OBama-care I could not pay for the normal bridge medical insurance and so took out Kaiser Medical. Because of the concussion I take a lot of pills and Kaiser would only give me a one month supply so every month I would be at their pharmacy to pick up more pills. There would be a line about 100 long and they were almost entirely illegal aliens getting FREE Obama-care.

Simple calculations show that if 8 million illegal aliens were paying some $13 Billion that would mean that they would have to be making a average salary AT A REAL COMPANY of $26,500/yr and that IS NOT POSSIBLE. The overwhelming majority do not work for companies that keep illegals on the books and besides a very large percentage of them do work for cash that isn't reported.

Jay, since you are a lawyer I would have expected you to see through that phony F-ing claim by Nina Roberts who has NEVER given even one accurate report in her life.

Kay Johnson has always been known as a moderate Liberal but even she can't stand what California has become: http://patriotjournal.com/guess-california-giving-illegal-freeloaders-bankrupt-any-day/

We have talked about this before - If you don't want to believe what is in front of your very EYES I have to wonder what in hell you're thinking?

P.S. Did you say that you wanted these Look Blades? I can't stand them any longer and am changing over to Keo Classics.

John B. Slocomb

unread,
Sep 15, 2019, 6:44:59 PM9/15/19
to
Hey Tom! I have a good friend who is a native born Hungarian. He
"escaped" from Hungary and after a career in the oil industry retired
back to "the old country" and one of the things he has mentioned was
"how few people speak English". He says that far more people speak
German.
--

Cheers,

John B.

John B. Slocomb

unread,
Sep 15, 2019, 6:53:57 PM9/15/19
to
Whereupon it was likely outlawed :-)
--

Cheers,

John B.

John B. Slocomb

unread,
Sep 15, 2019, 7:05:48 PM9/15/19
to
>> >>>> > > > GBLA. https://en.wikipedia.org/wiki/Gramm?each?liley_Act
As I said above - "I lived in California - largely in the Oakland and
Riverside areas in the late 1960's and early '70's and I don't
remember ever meeting anyone who spoke Spanish." An I stand by it. I
can't remember ever hearing anyone speak Spanish.

I cant remember going into a service station and being asked "how many
gallons" in Spanish. I don't remember going into a grocery store and
hearing the veggies described in Spanish. And so on.

What I do remember was going into a second-hand electrics shop and
hearing Hebrew spoken :-)
--

Cheers,

John B.

Sir Ridesalot

unread,
Sep 15, 2019, 7:45:35 PM9/15/19
to
Berlin in Ontario, Canada had a very large German population. Anti-German sentiment during The Great War caused the name Berlin to be changed to Kitchener.

I often wonder how it was that Swastika, Ontario, Canada kept it's name during WW2 or after.

Cheers

Zen Cycle

unread,
Sep 16, 2019, 9:56:18 AM9/16/19
to
On Friday, September 13, 2019 at 1:48:34 PM UTC-4, Tom Kunich wrote:
>
> Before Bush left office the sub-prime mortgages that were signed into
> law by Bill Clinton WERE GONE.

Blatant lie - post a cite.

> The bankruptcies were yet to come.

Another blatant lie, You were shown the economic data from the treasury department (which you specifically asked for)

> These were caused by Obama's
> so-called economic stimulus in which the prime lending rate was reduced
> to a quarter of one percent.

Wow - you do know your Lord and Savior trump is demanding the exact same thing, right?

>
> During Bush the US has a excess of production. This causes evaluation
> of the dollar as prices drop. Obama entering office immediately was
> going to "correct" this which in fact was a good thing to happen.
> Instead he did precisely the opposite and printed money like it was
> going out of style thus causing massive inflation which led the
> entire world into the recession as well since the American dollar
> is the world standard.

Cite a reference which shows that the economic crash was a result of US overproduction and the excess printing of money.

>
> The GUTS of the Gramm, Leach Bliley Act was THE REPEAL of the Glass-
> Stegall Act which had been ruled unconstitutional by the Supreme Court.

Then why did you blame the economic crash of 2009 on it? The internet never forgets, tommy, I can pull up your posts where you did exactly that.

> So please don't through your uneducated crap around.

I know way more about it than you do, and I proved it months ago.

> All that ACTUALLY changed was that Banks and Investment firms could
> either invest or bank their customer's money. BIG DEAL. Previously
> each was limited to either banking or investing.

So again, why did you blame the crash of 2009 on it?

> The fact is that starting almost on the DAY that Obama was sworn into
> office the Dow lost 50% of it's value over the next two years after
> hitting a high before he was elected.

Another blatant lie, proven to you months ago. That was precisely the point when you brought up Gramm, Leach Bliley .

>
> But you and Jay are sniveling that it wasn't his fault.

It wasn't, that's been proven to you repeatedly, which is , again, why you retreated to Gramm, Leach Bliley

> He couldn't help it. He just happened to be sending billions overseas,

Cite please.

> cutting military funding,

cite please

> expanding wars,

cite please

> weaponizing his departments against the Republicans

Like your side isn't?

> and making the bullshit claims that there is man-made global warming.

Yeah, no one had ever heard of global warming before Obama.

> Plus pitting every possible minority against ever other.

Right, there were wars in the streets between asian, hispanic, and blacks only after obama was elected. Where do you get your news, graphic novels?

> Who ever even HEARD of LGBTQ before Obama?

Any one who paid any attention to anything.

> The most racist people on Earth are the Democrats

Sure, that's why there are no minorities running for president on the Democratic side and why the republican party has a has a diverse representation of blacks, hispanics, women, and non-christians in congress, right?

> and I've
> written extensively on all of the documented proofs.

No, you've ranted with no proof at all.



jbeattie

unread,
Sep 16, 2019, 10:22:26 AM9/16/19
to
Save your breath, most of his post doesn't even make sense. Glass-Steagall was not declared unconstitutional. Fed rate policies are not administration policies, at least until Trump. Quantitative easing took place well after 2007-2008. Nobody signs "sub-prime mortgages" into law. I think Tom heard something about the Community Reinvestment Act of 1977, but who knows. What we do know is that the CRA was responsible for a very small percentage of subprime mortgages. loans. Freddie and Fannie had a relatively small portfolio of subprime mortgages, but it was enough to put them in receivership.

This is not like some mystery. The timing, cause, effect, etc., etc. were all known at the time. I had clients getting bailed out. The court house news was filled with foreclosures, and the whole MERS thing was starting to wind-up. I had two cases at the Ninth Circuit that spun out of the crash. I think Tom slept through this era -- which probably was a good approach since it was a nightmare. When Obama was elected, my first thought was that it must be great being made captain of the Titanic after it hit the iceberg.

-- Jay Beattie.

Zen Cycle

unread,
Sep 16, 2019, 10:23:45 AM9/16/19
to
On Friday, September 13, 2019 at 2:33:08 PM UTC-4, Tom Kunich wrote:
> >
> > Jay,
> > I went through this with tommyboy months ago. I showed him exactly those treasury department web pages showing that Bush signed the TARP agreement, and the economy was in freefall before obama even got the nomination, let alone elected. His response was to try to blame it on clinton for signing the gramm leach bliley act - obviously the fact that gramm, leach, and bliley were all republicans, and the bill was signed into law when the republicans held both houses of congress was completely lost on him. When I pointed that out, he started rambling about how roosevelt was a racist for not intgrating the armed forces in WW2. Kunich is a complete moron, and trying to argue with him is like trying to argue with drunk who insists he can still drive.
>
> It appears that Google's wonderful system erased my posting.

It didn't. You're just an idiot that doesn't understand the technology

> Tell us what the Gramm, Leach, Bliley act has to do with anything?

No, shithead, _you_ tell _us_. You're the one that brought it up months ago, not me. You're the one who tried to use it to blame democrats for the bush recession when I proved - using data you demanded - that it started before obama even got the nomination.


> For the stupid and uninformed all it did was to remove
> the Glass-Stegal Act which the Supreme court had ruled unconstitutional.

Then why did you bring it up two months ago, if it was irrelevant, you fucking moron?


> It JUST accidently happened that just before Obama entered office the
> Dow hit a new high.

No, it didn't. You need to stop lying tom, you've been proven wrong on this claim. The internet never forgets. The posts where you were proven wrong are still there, along with your retreat to Gramm Leach Bliley.

> And over the next two years it just happened to lose half of its
> value right?

It bottomed out 18 months after obama was elected, and recovered to more than 300% when he left office. Again, proven to you months ago.


> It just happened that as unemployment hit 10% that Obama and crew
> CHANGED the way that unemployment was measured.

Not enough to account for full-employment by the time he left office.

> That after your
> unemployment ran out if you didn't CONTINUE to go in to the unemployment
> office every week with proof that you looked for work that you were
> considered "No longer in the work force".

Obama didn't start that. That was a reagan administration policy.

> At that point unemployment started going down despite the actual
> number perhaps getting as high as 20%.

Blatant lie, cite proof.

< The following is a standard kunich unsubtatiated horseshit rant>
*
> It JUST happened that the Obama administration ignored that the dip started upon the Democrat controlled Congress budget from the last several months of 2008. It was simply an accident that they showed a totally bizarre GDP drop of only -2.8% when everyone and their brother was losing their jobs. Somehow the GDP was going up while the tech industries such as Google and Facebook didn't have to pay taxes.
>
> The GDP went up despite Obama handing out HUGE "subsidies" to "green energy" industries who promptly paid huge bonuses to their executives and stockholders and went bankrupt. Strange that never showed on the Obama balance sheet.
>
> Strange how Obama just HAPPENED to pit every minority group against every other which again caused production to drop sharply as industry started hiring minorities and women that were entirely unexperienced.
>
> But then you believe in Comey, Crowley and Mueller. You think that Lois Lerner did the right thing. Rosenstein and Strozk are heroes.
>
> The Lame Stream Media all of whom say the same thing at the same time just accidently have that happen every night. An over-the-counter AR15 look alike is a "Weapon of War" and not the same semi-automatic rifle that has been sold for 60 years with a different stock on it.

<end rant segment>

When you can prove any of that, get back to us.

> Do you and Jay work in the same building? Do you both drive by the
> immense homeless camps in Portland not seeing them?

I don't know of Portlands homeless woes. I live in the Boston area*. We don't have any "homeless camps". Our unemployment rate has been well under 3% for over a year. If Portland is having unemployment and homelessness problems, its a local issue.

> Do neither of you see entire neighborhoods peopled with inhabitants
> that cannot read nor write or speak English poorly if at all?

No. Massachusetts ranks at or near the top in every educational metric.

> Where
> all of the store front signs and even the advertising on the sides
> of buses is in Spanish?

Yes, we have those neighborhoods here. I don't have a problem with that, given our educational ranking.

> I went into a Mexican Restaurant the other day and ordered a dish that
> I well know. The waitress is correcting my Spanish pronunciation
> because she has a Merida accent!

and?

Zen Cycle

unread,
Sep 16, 2019, 10:28:11 AM9/16/19
to
On Friday, September 13, 2019 at 7:39:22 PM UTC-4, John B. wrote:
> On Fri, 13 Sep 2019 11:33:06 -0700 (PDT), Tom Kunich
> <slto...@gmail.com> wrote:
>
> >On Friday, September 13, 2019 at 9:43:41 AM UTC-7, Zen Cycle wrote:
> >> On Friday, September 13, 2019 at 11:59:52 AM UTC-4, jbeattie wrote:
> >> > On Friday, September 13, 2019 at 8:14:28 AM UTC-7, Tom Kunich wrote:
> >> > > On Thursday, September 12, 2019 at 8:31:52 PM UTC-7, jbeattie wrote:
> >> > > > On Thursday, September 12, 2019 at 4:39:04 PM UTC-7, Tom Kunich wrote:
> >> > > > > On Thursday, September 12, 2019 at 3:38:05 PM UTC-7, Tim McNamara wrote:
> >> > > > > > On Sun, 8 Sep 2019 09:51:31 -0700 (PDT), Tom Kunich <slto...@gmail.com> wrote:
> >> > > > > > >
> >> > > > > > > When you are a Great Recession denying father humper...
> >> > > > > >
> >> > > > > > You do know that the Great Recession started in the Bush Admnistration, right?
> >> > > > >
> >> > > > > Tim, please go to the Department of the Treasury Debt by the Penny and also look at the GDP history charts and you will see that Bush had nothing whatsoever to do with it. While the second year of the Democrat Controlled Congress (and Bush's last year) spent a lot of money the Great Recession is CLEARLY in Obama's pocket.
> >> > > >
> >> > > > O.K., what Obama policy was responsible for the Great Recession? How did Obama cause the recession? If you want to blame a Democrat, you should go back to Clinton, although he just signed a republican bill, the GBLA. https://en.wikipedia.org/wiki/Gramm豊each烹liley_Act
> >> > > >
> >> > > > -- Jay Beattie.
> >> > >
> >> > > "If I haven't cut the national debt in half by the end of my first term I won't run again" (Debt Held By The Public nearly doubled just in the first term)
> >> > >
> >> > > "If elected I will have all American boots on the ground within 16 weeks" (Not only did he expand the war in Afghanistan so much that we killed four times as many Americans as during Bush, he financed al Qaeda and the Taliban in Syria. These were already on the Terrorist list so his money to them was illegal. He also made every attempt to overthrow a duly elected government in Syria and also attempted to start a war there. His financing turned into ISIS which he THEN protected from the US military in Iraq and they were slaughtering civilians by the hundreds.)
> >> > >
> >> > > "I will end the Veterans backlog of health care". ("He did almost nothing and it was in his second term and not his first and then only because it had become a political talking point.)
> >> > >
> >> > > "If you like your doctor you can keep your doctor." (Under Obama-care the cost of health insurance grew by 1,000%)
> >> > >
> >> > > "I will end the practice of writing legislation behind closed doors (with lobbyists)" (He did nothing of the sort. And his so-called bi-partisan committees were almost entirely RINO's on the red side)
> >> > >
> >> > > To bring it to light - if you really think that Obama started ANY kind of "recovery" why have the Democrats complained endlessly that President Trump has changed every single Obama trade and labor policy? When you drop the GDP by 25% you should NOT be saying that it was economic growth just to recover that (which he did NOT do - it was Trump that brought the economy back to the level that it was when Obama entered office)
> >> > >
> >> > > Today we have a total of 6.3 Million Americans looking for work or more accurately - looking to change to more interesting or profitable jobs. We also have 7.3 Million job openings.
> >> > >
> >> > > In order to hide his incompetence ALL of the agencies of the government under Obama changed the rules of measurements. Inflation was re-evaluated not on staples but on things that people didn't use hence didn't buy and the prices appeared to remain neutral. He installed a chairman of the Federal Reserve that set the interest rates to ZERO for the majority of Obama's time. He also ordered printing of money in endless streams so that his giveaway programs had cash - this of course made the dollar worthless and so today we have ONE steak from a Supermarket costing $24/lb. I bought four normal items such as breakfast food and milk, a mixed green salad and some frozen yogurt and got a $32 bill at the local cut-rate grocery.
> >> > >
> >> > > As we saw, people like Louis Lerner broke the laws at the IRS with impunity. No charges and she has retired with 3/4ths her full pay at retirement and full benefits.
> >> > >
> >> > > The reports on the FBI and Justice Department are just coming to light and half of the leadership is likely to be facing a jury in short order.
> >> > >
> >> > > You drive to your office totally blind of the human suffering around you and write here that you were making money during Obama. You remind me of a rich guy I know that complains that bastard Trump raised his taxes.
> >> > >
> >> > > During Obama wages FELL. Since Trump has been in wages have gone up over 10%.
> >> > >
> >> > > Let's face it Jay - your excuses can't fight facts.
> >> >
> >> > One more time with emphasis, what Obama policy caused the recession? Was it the stimulus package to reverse the recession that caused he recession? Was it QE or the Fed loading up on government debt that caused the recession? I'm waiting for you to identify a single Obama policy -- or even a Fed policy -- that caused the steaming pile of sh** Obama inherited on his first day in the job. And while you're at it, what Trump policy is responsible for recent job growth? It's not the tax give-away. https://www.bloomberg.com/news/articles/2019-03-06/trump-s-big-tax-cuts-did-little-to-boost-economic-growth
> >> >
> >> >
> >> > Also, are you now criticizing low Fed rates? The Chosen One is driving bond yields into negative territory, and that's O.K.? Trade is AFU, the national debt is at historic highs, wars are continuing, etc., etc., and all of that is O.K. WAKE UP! Time for a medication change.
> >> >
> >> > -- Jay Beattie.
> >>
> >> Jay,
> >> I went through this with tommyboy months ago. I showed him exactly those treasury department web pages showing that Bush signed the TARP agreement, and the economy was in freefall before obama even got the nomination, let alone elected. His response was to try to blame it on clinton for signing the gramm leach bliley act - obviously the fact that gramm, leach, and bliley were all republicans, and the bill was signed into law when the republicans held both houses of congress was completely lost on him. When I pointed that out, he started rambling about how roosevelt was a racist for not intgrating the armed forces in WW2. Kunich is a complete moron, and trying to argue with him is like trying to argue with drunk who insists he can still drive.
> >
> >It appears that Google's wonderful system erased my posting.
> >
> >Tell us what the Gramm, Leach, Bliley act has to do with anything? For the stupid and uninformed all it did was to remove the Glass-Stegal Act which the Supreme court had ruled unconstitutional.
> >
> >And all that was, was to allow investment firms and banks to BOTH either bank their customer's money or to invest it.
> >
> >It JUST accidently happened that just before Obama entered office the Dow hit a new high. And over the next two years it just happened to lose half of its value right?
> >
> >It just happened that as unemployment hit 10% that Obama and crew CHANGED the way that unemployment was measured. That after your unemployment ran out if you didn't CONTINUE to go in to the unemployment office every week with proof that you looked for work that you were considered "No longer in the work force". At that point unemployment started going down despite the actual number perhaps getting as high as 20%.
> >
> >It JUST happened that the Obama administration ignored that the dip started upon the Democrat controlled Congress budget from the last several months of 2008. It was simply an accident that they showed a totally bizarre GDP drop of only -2.8% when everyone and their brother was losing their jobs. Somehow the GDP was going up while the tech industries such as Google and Facebook didn't have to pay taxes.
> >
> >The GDP went up despite Obama handing out HUGE "subsidies" to "green energy" industries who promptly paid huge bonuses to their executives and stockholders and went bankrupt. Strange that never showed on the Obama balance sheet.
> >
> >Strange how Obama just HAPPENED to pit every minority group against every other which again caused production to drop sharply as industry started hiring minorities and women that were entirely unexperienced.
> >
> >But then you believe in Comey, Crowley and Mueller. You think that Lois Lerner did the right thing. Rosenstein and Strozk are heroes.
> >
> >The Lame Stream Media all of whom say the same thing at the same time just accidently have that happen every night. An over-the-counter AR15 look alike is a "Weapon of War" and not the same semi-automatic rifle that has been sold for 60 years with a different stock on it.
> >
> >Do you and Jay work in the same building? Do you both drive by the immense homeless camps in Portland not seeing them? Do neither of you see entire neighborhoods peopled with inhabitants that cannot read nor write or speak English poorly if at all? Where all of the store front signs and even the advertising on the sides of buses is in Spanish?
> >
> >I went into a Mexican Restaurant the other day and ordered a dish that I well know. The waitress is correcting my Spanish pronunciation because she has a Merida accent!
>
> Ah history repeats itself.
>
> I grew up in a little New England town where probably half the shop
> signs were in French and at least half the town had funny family names
> like Debuque, Couture, Le Blanc. In the next town south it was Polish
> or Russian.

I sort-of grew up in the fitchburg-leominister area. French in fitchburg and Italian in Lemoninster. Gardner had more eastern europeans. I've been to the Polish American club in Athol many times.


Tom Kunich

unread,
Sep 16, 2019, 10:28:52 AM9/16/19
to
https://www.bing.com/images/search?q=subprime+mortgages+in+2007&id=6140AC7C502DC2E596FB99F1035D571D219F8CFC&s=1&view=detailv2&rtpu=%2fsearch%3fq%3dsubprime+mortgages+in+2007&form=IEQNAI&selectedindex=0&exph=0&expw=0&vt=0&eim=1,2,6

http://www.bankruptcyaction.com/USbankstats.htm

On your smartest day you couldn't outthink a cocker spaniel. You simply say, "prove it" because you don't like the truth. I suggest you grow up at some point instead of looking at a lifetime of failure.

Zen Cycle

unread,
Sep 16, 2019, 4:34:09 PM9/16/19
to
Interesting charts, tommy, you do realize neither of them provides you with any proof of your claims, right?

The image search shows the decrease in subprime mortgages peaked in 2005 and dropped precipitously in 2007. Obama was elected in 2009. Your point then is......

The bankruptcy page shows the the number of filings steadily increasing through the bush years, then steadily decreasing in the obama years.

I don't know how you thought either of those pages help you, but they don't. Did you just copy some links hoping we would take your word for it? That was really stupid, but hey, it's what we've come to expect from you.

> On your smartest day you couldn't outthink a cocker spaniel.

Who's a good little puppy? Tommy's a good little puppy. Good boy tommy, fetch!

> You simply say, "prove it" because you don't like the truth.

When you state anything that resembles the truth we can have a conversation about whether I like it or not. To this point you (going back several months) you have never provided any information that proves your claims. Never. Not once. half the time it has nothing to do with your claim, the other half it disproves your claim. The two links above are a prime example.

> I suggest you grow up at some point instead of looking at a lifetime
> of failure.

Says the guy who wondered how anyone could have lost money in the trump stock market, then admitted he lost money in the trump stock market. Here's a hint, tommyboy - disagreeing with you isn't failure, it's common sense.

Zen Cycle

unread,
Sep 16, 2019, 4:40:11 PM9/16/19
to
No Kidding...September 15 was the 11th anniversary of the Lehman brothers collapse (for Tommy's benefit, that was more than a year _before_ obama was elected). IT still ranks as the largest bankruptcy in US history. Tommy would have us believe this was somehow Obamas fault. Of course, he was in complete denial that Bush signed TARP into law as well. Maybe he _was_ sleeping.

Zen Cycle

unread,
Sep 16, 2019, 5:06:32 PM9/16/19
to
On Friday, September 13, 2019 at 6:45:55 PM UTC-4, John B. wrote:
>
> The one thing I am still trying to understand about Tom is whether he
> actually believes his long and loud complaints about the Obama years.

I think he does, He isn't smart enough to be pulling off a provocateur facade.

>
> As you did, I posted actual stock market and GDP numbers from the Bush
> presidency and the Obama showing that the economy did in fact fall
> through the floor during the bush years and gained a substantial
> amount under Obama. And even though I posted references for my figures
> he ignores all the data and insists that Obama was the devil in
> disguise.
>
> So the question is whether Tom is so far divorced from reality that he
> actually believes what he preaches or whether he is just one of those
> monsters that live under the bridge and likes to be noticed.

Sort of the latter, though it's more likely he's Jutes' lap dog, slurping up whatever bizarre conspiracy andre thinks will tweak people here.

John B. Slocomb

unread,
Sep 16, 2019, 7:07:42 PM9/16/19
to
Gee Tom. the guy is asking you to prove one or more of your statements
and your response is to call him a cocker spaniel?

Positive proof that you know what you are talking about, isn't it.

As I have so frequently advised you, It is better to remain silent and
be thought a fool than to speak and prove it.
--

Cheers,

John B.

Tom Kunich

unread,
Sep 17, 2019, 5:37:42 PM9/17/19
to
SECTIONS OF IT were declared unconstitutional and the EFFECTS of the Glass-Stegall which was to separate investment banks from savings banks were by-passed.

Not just this country but as far as I know, no other country has succeeded in separating investment and savings banks. They GO HAND IN HAND. The idea that your Bank of America savings account could in some manner support a Bank is pretty preposterous don't you think?

Tom Kunich

unread,
Sep 17, 2019, 5:39:50 PM9/17/19
to
Guess what - nothing you believe in is being done your way. You're a loser and everyone knows it. No wonder you don't have any manners - you never had any and Mommy kicked you out of the house for being uncouth.

jbeattie

unread,
Sep 17, 2019, 9:32:12 PM9/17/19
to
No. IIRC, there were challenges to Regulation Q and questions about the scope of the Act, but it was not declared unconstitutional in whole or part. On what basis would it be unconstitutional. If the Feds can regulate a truck garden, they can regulate banks.

> Not just this country but as far as I know, no other country has succeeded in separating investment and savings banks. They GO HAND IN HAND. The idea that your Bank of America savings account could in some manner support a Bank is pretty preposterous don't you think?

You don't understand the effect of GLB and the Commodity Futures Modernization Act of 2000. Banks have always invested depositor money. In the 2000s, however, they were creating risky CDOs and derivatives and selling them to clients. They were creating risky shit and selling it for a profit. You really, really need to watch the Big Short.

-- Jay Beattie.

Frank Krygowski

unread,
Sep 17, 2019, 10:36:06 PM9/17/19
to
OTOH, Zen hasn't complained about grocery prices. That's something.


--
- Frank Krygowski

John B. Slocomb

unread,
Sep 17, 2019, 11:33:30 PM9/17/19
to
Nor bragging about his $4,000 bicycle either :-)
--

Cheers,

John B.
Message has been deleted
Message has been deleted

Zen Cycle

unread,
Sep 18, 2019, 1:51:34 PM9/18/19
to
On Tuesday, September 17, 2019 at 5:39:50 PM UTC-4, Tom Kunich wrote:
>
> Guess what - nothing you believe in is being done your way.

Oh my, yet another post with no salient responses to the topic at hand? I'll take that as a concession. And it's too bad things aren't being done my way, because your way has given us a morally, financially, and intellectually bankrupt president. Have you check our national debt since that bloviated shitbag took office? Remember his campaign promise to balance debts/deficits? Of course, this is what we should expect from a "man" who makes decisions based on the last person he talked to. That's at least one step above you though, He's at least willing to listen to other perspectives.

I actually live in an area where things are done "my" way.
- Massachusetts ranks at or near the top for educational rankings in the country.
- We rank number 2 for the healthiest state (#1 last year), and have the lowest uninsured rate.
- We rank #2 in per capita income and rank 11th in GDP - this with an $12.00 minimum wage law, the 2nd highest in the country.
- We have the lowest firearm death rate in the country, yet strict gun control laws (stick that "more guns makes us safer" trope up your ass).
- Our unemployment rate is almost a percent below the national average.

We did all this with a completely democrat/liberal congressional delegation and state government (save the republican governor, who happens to have the highest approval rating in the country).

Is it the 'perfect' place to live? no. But consider the FACT that the ten worst states to live in for education, health, and income are all deep red states, and the worst three are the deepest red states where trump is more popular than jesus (louisiana, mississippi, alabama).

Yeah, I think more places should do things "my" way.

I you care to dispute any of these facts, go ahead and post your references. Everything I've written is readily available from government sources.

> You're a loser and everyone knows it. No wonder you don't have any manners

That's pretty ironic coming from a cretin who has regularly threatened me with physical violence in this forum (and claims his lawyer told him it was ok).

> - you never had any and Mommy kicked you out of the house for
> being uncouth.

It's pretty obvious there's at least one person in this exchange whose mother always did his homework for him, and it isn't me. Maybe if you weren't such a bratty little mommies boy that was coddled your entire life
and told you were a special snowflake you'd know how to have a rational discussion and support your position with verifiable information (instead of posting references like the ones above that actually _DIS_prove your claims).

Open your eyes and learn something Tommy, letting Jute lead you around by the nose is getting you nowhere.

Tom Kunich

unread,
Sep 18, 2019, 3:43:06 PM9/18/19
to
On Tuesday, September 17, 2019 at 6:32:12 PM UTC-7, jbeattie wrote:
>
> You don't understand the effect of GLB and the Commodity Futures Modernization Act of 2000. Banks have always invested depositor money. In the 2000s, however, they were creating risky CDOs and derivatives and selling them to clients. They were creating risky shit and selling it for a profit. You really, really need to watch the Big Short.

Explain how you make profits off of investments that fail? The banks that were doing this failed in short order and the depositors were covered by the Federal insurance.

Isn't that exactly why Bank of America failed and is now owned in whole by the Chinese?

Tom Kunich

unread,
Sep 18, 2019, 3:49:37 PM9/18/19
to
On Tuesday, September 17, 2019 at 7:36:06 PM UTC-7, Frank Krygowski wrote:
>
> OTOH, Zen hasn't complained about grocery prices. That's something.

Nor has he complained that I have been complaining when in fact I was explaining th3e cost of living here. But you do not mind lying because it is in your genes.

Tom Kunich

unread,
Sep 18, 2019, 3:52:41 PM9/18/19
to
Yeah, those ratings are really accurate since in the last 7 weeks they have had 10 illegal aliens raping American women. And yet they rate Massachusetts #1 for "safety".

Zen Cycle

unread,
Sep 18, 2019, 5:17:35 PM9/18/19
to
On Wednesday, September 18, 2019 at 3:52:41 PM UTC-4, Tom Kunich wrote:
>
> Yeah, those ratings are really accurate since in the last 7 weeks they have
> had 10 illegal aliens raping American women. And yet they rate Massachusetts
> #1 for "safety".

I'd _LOVE_ to know where you got that bit of information. Bad things happen everywhere, tommy. Care to compare it to your area, which you've described as a hellhole?

Zen Cycle

unread,
Sep 18, 2019, 5:19:59 PM9/18/19
to
On Wednesday, September 18, 2019 at 3:43:06 PM UTC-4, Tom Kunich wrote:
>
> Isn't that exactly why Bank of America failed and is now owned in whole by the Chinese?

Fer fucks sake you're an idiot....

https://www.investopedia.com/articles/insights/052616/top-4-bank-america-shareholders-bac.asp

jbeattie

unread,
Sep 18, 2019, 5:42:00 PM9/18/19
to
On Wednesday, September 18, 2019 at 12:43:06 PM UTC-7, Tom Kunich wrote:
> On Tuesday, September 17, 2019 at 6:32:12 PM UTC-7, jbeattie wrote:
> >
> > You don't understand the effect of GLB and the Commodity Futures Modernization Act of 2000. Banks have always invested depositor money. In the 2000s, however, they were creating risky CDOs and derivatives and selling them to clients. They were creating risky shit and selling it for a profit. You really, really need to watch the Big Short.
>
> Explain how you make profits off of investments that fail? The banks that were doing this failed in short order and the depositors were covered by the Federal insurance.

You're f****** nuts! Banks make money by charging fees. Some banks and bank holding companies made money by selling securities. Money is made by charging fees and selling sh**. For example, Charles Schwab doesn't care if stocks go up or down so long as people buy and sell.

Investment banks and some business banks (or companies owned by business banks after the repeal of Glass-Steagall) work the same way, but instead of just acting as brokers, they create the securities. It doesn't matter if the security is any good -- you just sell the crap out of it. None of this is covered by the FDIC.

Some investment banks bought the hell out of bad mortgage-backed securities and other derivatives like Lehmann. Here is a nice summary. http://nymag.com/intelligencer/2008/09/what_happened_at_lehman_in_30.html
>
> Isn't that exactly why Bank of America failed and is now owned in whole by the Chinese?

The repeal of Glass-Steagall is why BofA was in trouble. It bought a non-bank institution, Countrywide, the biggest home mortgage originator in the US. Countrywide was creating and selling CDO/MBS; it was the great originator of subprime mortgages. It got sued by everyone including Fannie and Freddie. AFAIK, BofA bailed itself out by selling oodles of shares, diluting its stock and driving down its share price -- so poor shareholder investors who believed bank stocks were like bonds got totally f*****. Everybody lost, except if you bought BofA at $3 in 2009, you would have made nearly 10X. I told you money was to be made in a bad market.

-- Jay Beattie.

Tom Kunich

unread,
Sep 18, 2019, 5:50:47 PM9/18/19
to
My area is pretty bad. But the "normal" illegals are ever watchful and let you know If you should know anything important.

You're the one that seems to think that you live in seventh heaven.

https://www.breitbart.com/politics/2016/03/20/four-illegals-held-in-brutal-gang-rape-in-massachusetts/

https://www.illegalaliencrimereport.com/previously-arrested-illegal-alien-repeatedly-raped-boy-in-massachusetts/

https://www.illegalaliencrimereport.com/illegal-alien-raped-9-year-old-girl-in-massachusetts/

https://www.fairus.org/issue/illegal-immigration/examples-serious-crimes-illegal-aliens

Why you and your leftist pals are happy with things the way they are.

Tom Kunich

unread,
Sep 18, 2019, 6:02:35 PM9/18/19
to
Top 10 banks according to SNL Financial:

1. Industrial & Commercial Bank of China (China)
2. China Construction Bank (China)
3. Agricultural Bank of China (China)
4. HSBC (U.K.)
5. Bank of China (China)
6. JPMorgan Chase (U.S.)
7. BNP Paribas (France)
8. Mitsubishi UFJ Financial Group (Japan)
9. Bank of American (U.S.)
10. Barclays (U.K.)

https://fortune.com/2016/03/18/the-biggest-american-companies-now-owned-by-the-chinese/

If you go through the financials of these companies that have openly been acquired you can't find the words "Chinese owned".

John B. Slocomb

unread,
Sep 18, 2019, 6:31:11 PM9/18/19
to
Ah yes. The great economist... who brags about his $4,000 bicycle and
whines about the cost of groceries.
--

Cheers,

John B.

John B. Slocomb

unread,
Sep 18, 2019, 6:39:09 PM9/18/19
to
Bank America owned fully by the Chinese?

That appears to be a incoorrect. Please furnish proof of your wild
eyed statement.
--

Cheers,

John B.

John B. Slocomb

unread,
Sep 18, 2019, 6:52:17 PM9/18/19
to
Ah Tom, your reference mentions nothing about banks. Is this another
lie?
--

Cheers,

John B.

Tim McNamara

unread,
Sep 18, 2019, 10:40:43 PM9/18/19
to
On Thu, 12 Sep 2019 16:39:02 -0700 (PDT), Tom Kunich
<slto...@gmail.com> wrote:
> On Thursday, September 12, 2019 at 3:38:05 PM UTC-7, Tim McNamara
> wrote:
>> On Sun, 8 Sep 2019 09:51:31 -0700 (PDT), Tom Kunich
>> <slto...@gmail.com> wrote:
>> >
>> > When you are a Great Recession denying father humper...
>>
>> You do know that the Great Recession started in the Bush
>> Admnistration, right?
>
> Tim, please go to the Department of the Treasury Debt by the Penny and
> also look at the GDP history charts and you will see that Bush had
> nothing whatsoever to do with it. While the second year of the
> Democrat Controlled Congress (and Bush's last year) spent a lot of
> money the Great Recession is CLEARLY in Obama's pocket.

Good grief, Tom, you are delusional.

Frank Krygowski

unread,
Sep 18, 2019, 11:12:16 PM9/18/19
to
On 9/18/2019 5:50 PM, Tom Kunich wrote:
> On Wednesday, September 18, 2019 at 2:17:35 PM UTC-7, Zen Cycle wrote:
>> On Wednesday, September 18, 2019 at 3:52:41 PM UTC-4, Tom Kunich wrote:
>>>
>>> Yeah, those ratings are really accurate since in the last 7 weeks they have
>>> had 10 illegal aliens raping American women. And yet they rate Massachusetts
>>> #1 for "safety".
>>
>> I'd _LOVE_ to know where you got that bit of information. Bad things happen everywhere, tommy. Care to compare it to your area, which you've described as a hellhole?
>
> My area is pretty bad.

Then quit whining and move!

Surely with your self-proclaimed excellence in engineering, economics,
politics, medicine, history, etc. you should be able to get a decent job
and move out of that hellhole. All you have to do is get just one
employer to believe your self evaluation.

It's so simple, Tom. Convince just _one_ employer!

--
- Frank Krygowski

Frank Krygowski

unread,
Sep 18, 2019, 11:25:36 PM9/18/19
to
Yes, and it might trigger sympathy, if only Tom weren't so obnoxious
about it.

Perhaps that's the test of true Christianity - to be kind to a person
who's extremely obnoxious.

It's a difficult test.


--
- Frank Krygowski

John B. Slocomb

unread,
Sep 19, 2019, 2:35:18 AM9/19/19
to
He has recounted his experience with some electric car maker. He
apparently corrected the company's nomenclature in one of their
adverts, or whatever, and they've ignored him ever since :-)
--

Cheers,

John B.

Sir Ridesalot

unread,
Sep 19, 2019, 5:35:52 AM9/19/19
to
When a person is truly and consistently obnoxious the best thing to do is ignore them.

Just checking messages whilst getting ready for a morning bicycle ride.

Cheers

Zen Cycle

unread,
Sep 19, 2019, 8:00:47 AM9/19/19
to
On Wednesday, September 18, 2019 at 6:02:35 PM UTC-4, Tom Kunich wrote:
> On Wednesday, September 18, 2019 at 2:19:59 PM UTC-7, Zen Cycle wrote:
> > On Wednesday, September 18, 2019 at 3:43:06 PM UTC-4, Tom Kunich wrote:
> > >
> > > Isn't that exactly why Bank of America failed and is now owned in whole by the Chinese?
> >
> > Fer fucks sake you're an idiot....
> >
> > https://www.investopedia.com/articles/insights/052616/top-4-bank-america-shareholders-bac.asp
>
> Top 10 banks according to SNL Financial:
>
> 1. Industrial & Commercial Bank of China (China)
> 2. China Construction Bank (China)
> 3. Agricultural Bank of China (China)
> 4. HSBC (U.K.)
> 5. Bank of China (China)
> 6. JPMorgan Chase (U.S.)
> 7. BNP Paribas (France)
> 8. Mitsubishi UFJ Financial Group (Japan)
> 9. Bank of American (U.S.)
> 10. Barclays (U.K.)

BoA is listed as "(U.S.)". That means you're still an idiot


> https://fortune.com/2016/03/18/the-biggest-american-companies-now-owned-by-the-chinese/
>
> If you go through the financials of these companies that have openly been
> acquired you can't find the words "Chinese owned".

And BoA isn't listed on that website. Were you hoping these two links would somehow prove your claim that BoA is wholly owbed by the chinese? You've failed. You're still an idiot.

Zen Cycle

unread,
Sep 19, 2019, 8:35:31 AM9/19/19
to
On Wednesday, September 18, 2019 at 5:50:47 PM UTC-4, Tom Kunich wrote:
>
> My area is pretty bad. But the "normal" illegals are ever watchful and
> let you know If you should know anything important.
>
> You're the one that seems to think that you live in seventh heaven.

More like 3rd, definitely not 7th.

>
> https://www.breitbart.com/politics/2016/03/20/four-illegals-held-in-
> brutal-gang-rape-in-massachusetts/
>
> https://www.illegalaliencrimereport.com/previously-arrested-illegal-
> alien-repeatedly-raped-boy-in-massachusetts/
>
> https://www.illegalaliencrimereport.com/illegal-alien-raped-9-year-old-
> girl-in-massachusetts/
>
> https://www.fairus.org/issue/illegal-immigration/examples-serious-
> crimes-illegal-aliens
>

This is like fishing with dynamite.

You wrote: "in the last 7 weeks they have had 10 illegal aliens raping American women"

- The brietbart article is from 2016.

- The first "illegalaliencrimereport" is from 2018.

- The second "illegalaliencrimereport" is from 2017.

- The Farius report doesn't list ANY crimes in massachusetts (seriously, you idiot, did you think I would check out the links?)

But wait, there's more!

The four suspects in the brietbart article were in fact never tried, because the alleged victims appear to have made up at least part of the story:

From https://www.enterprisenews.com/news/20160324/charges-dropped-for-four-framingham-men-accused-in-sex-assault

“The commonwealth has insufficient evidence upon which to proceed ... (and) moves to dismiss all charges,” [prosecutor Joseph] Gentile said.....After the arrests, police and the district attorney’s office continued investigating and some “issues” came to light, Gentile said. He did not elaborate and declined comment later."

From https://newbostonpost.com/2016/03/24/charges-dropped-in-assault-case-against-illegal-immigrants/

"All the charges against the men would be dropped, Joseph Gentile, an assistant Middlesex district attorney, told the court at a hearing Thursday, citing insufficient evidence, WFXT-TV said on its website. Gentile also cited “issues” with the victims’ statements, the station reported."

Take some solace though tommy, all four of them were turned over to ICE for deportation. It seems that simply being _accused_ of a crime is sufficient cause for deportation under the trump regime.

So, You claim ten rapes of 'american' women in the past 7 weeks, yet you provide only three instances, all over a year old, and one of those seemed to be made-up by the victim.

You should have paid more attention when your mother was doing your homework for you. Maybe you would have learned how to find information that actually proves your point.

> Why you and your leftist pals are happy with things the way they are.

We aren't. We won't be as long as you people from the left side of the bell curve keep trying to control our lives.

Zen Cycle

unread,
Sep 19, 2019, 8:36:20 AM9/19/19
to
+1

Zen Cycle

unread,
Sep 19, 2019, 8:48:16 AM9/19/19
to
On Wednesday, September 18, 2019 at 10:40:43 PM UTC-4, Tim McNamara wrote:
It's amazing how he keeps holding onto that lie, knowing full well that the recession was already in full force, leading Bush to enact TARP before obama even won the nomination.

AMuzi

unread,
Sep 19, 2019, 9:00:55 AM9/19/19
to
It's trendy!
UHaul box truck from LA to Houston $2995.
UHaul box truck from Houston to LA $20

from KFI Los Angeles a few weeks ago.
--
Andrew Muzi
<www.yellowjersey.org/>
Open every day since 1 April, 1971


Zen Cycle

unread,
Sep 19, 2019, 9:03:50 AM9/19/19
to
On Wednesday, September 18, 2019 at 3:43:06 PM UTC-4, Tom Kunich wrote:
>
> Explain how you make profits off of investments that fail?

It's called a credit default swap. That's what brought down AIG.

> The banks that were doing this failed in short order and the depositors
> were covered by the Federal insurance.

The banks failed, the holders of the securities made out like bandits. See the linkage there? We know, you don't, maybe this cliffnotes version of the entire sub-prime mortgage scam will help:

Certain investment firms started pushing mortgage companies and banks to make loans that were certain to go into default. They created Mortgage Bundled Securities with these loans with artificially high values but sold a great discounts off that bogus value. These were insured for the artificial value. When they went into default, the insurance paid out the full value. The buyer of the security made a massive profit. All these securities crashed at once, which meant the insurance companies had to make massive payouts. Get it yet?

jbeattie

unread,
Sep 19, 2019, 9:26:48 AM9/19/19
to
I would be suspicious of the source. Even a casual check of the inter-web shows a far less drastic price differential, although Texas seems to be a destination. Houston is gorgeous. https://www.economist.com/sites/default/files/images/print-edition/20150314_USP004_0.jpg

-- Jay Beattie.

David Scheidt

unread,
Sep 19, 2019, 10:17:19 AM9/19/19
to
jbeattie <jbeat...@msn.com> wrote:
Uhaul pricing is also flucuates wildly. I've looked at a renting a
truck, then the next day, when I figured out I could use it, the
prices were much higher.

I also helped a girlfriend move some stuff at very short notice. We
had maybe a van's worth of stuff, but I ended up driving a 26' box
truck (the biggest one they rent) and a car trailer, because she found
a deal. A little truck was several hundred bucks and only available
as a round trip, the big truck was a one way, and less than $100.
If they're going to have to move the truck, it's better for them to
have someone pay to do it, even if it's a pittance, than have to deadhead
or tow it.


--
sig 16

Tom Kunich

unread,
Sep 19, 2019, 5:54:55 PM9/19/19
to
I assume what you mean is that you don't know how to do any of this.

Try looking at THIS and see if it is any plainer: https://www.thebalance.com/us-deficit-by-year-3306306

That will show that the LARGEST deficit/GDP for Bush was 3.4% FOR THE IRAQI WAR in 2004. AFTER the Democrat Congress was elected the Bank Crisis occurred and the largest differential was STILL JUST 3.1%

THE OBAMA YEARS WERE PUNCTUATED WITH 9.8%, 8.6%, 8.3% and the fourth year it fell to 6.7% OMLY BECAUSE THE U.S. RAN OFF THE FISCAL CLIFF - THEY COULD NOT BORROW MORE!

The following four years of Obama were back reasonable again ONLY BECAUSE THE REPUBLICANS WOULD NOT APPROVE FURTHER BORROWING AND EVEN CLOSED THE GOVERNMENT DOWN.

What is going on in your fucking head that you are incapable of looking up the real fucking facts?

Tom Kunich

unread,
Sep 19, 2019, 5:56:35 PM9/19/19
to
Thanks for showing us all what you can understand and not.

Tom Kunich

unread,
Sep 19, 2019, 5:58:18 PM9/19/19
to
Tell us all how much you own in investments.

Tom Kunich

unread,
Sep 19, 2019, 6:00:32 PM9/19/19
to
Jay - one of the guys I ride with works all week driving drivers to everywhere but California to pick up U-hauls and the like and drive them back to California because no one is coming to California that is actually moving here.

John B. Slocomb

unread,
Sep 19, 2019, 7:01:45 PM9/19/19
to
Or perhaps just say a prayer to Saint Joseph of Cupertino, who was
said to have been remarkably unclever, but prone to miraculous and
intense ecstatic visions.

--

Cheers,

John B.

jbeattie

unread,
Sep 19, 2019, 9:50:05 PM9/19/19
to
I don't doubt it. https://www.kqed.org/news/11744301/california-inches-toward-40-million-people-but-growth-rate-slows You should consider Houston. I hear it is beautiful.

-- Jay Beattie.


AMuzi

unread,
Sep 20, 2019, 8:35:39 AM9/20/19
to
I worked in Houston and enjoyed it, no complaints.

jbeattie

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Sep 20, 2019, 9:42:50 AM9/20/19
to
More reason why Tom should make the move. Go East old man!

-- Jay Beattie.
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