The Inevitable New The Inevitable Trump Mocking Thread

Yes, many Evangelicals are among the holiest and most quietly devoted people out there. Some have bravely resisted the cult. But their leaders have turned Christianity into a political and social identity, not a lived faith, and much of their flock — a staggering 81 percent voted for Trump — has signed on. They have tribalized a religion explicitly built by Jesus as anti-tribal. They have turned to idols — including their blasphemous belief in America as God’s chosen country. They have embraced wealth and nationalism as core goods, two ideas utterly anathema to Christ. They are indifferent to the destruction of the creation they say they believe God made. And because their faith is unmoored but their religious impulse is strong, they seek a replacement for religion. This is why they could suddenly rally to a cult called Trump. He may be the least Christian person in America, but his persona met the religious need their own faiths had ceased to provide. The terrible truth of the last three years is that the fresh appeal of a leader-cult has overwhelmed the fading truths of Christianity.
Damn Russians!!
 
Ho Ho Ho...

I'm back from my Pesos for Wall and Stop the Rapists tour.

I'm sad to report I found no pesos for Wall (although German the dive-master did give me 50 cents Belizian $ he said I could put toward it, so we got that going for us.

As for the Stop the Rapists leg, I didn't see any rapists in the Polaris lounge, none in the Hertz Gold car pick-up in Cancun, none at the Sanara in Tulum and not a single one in Xcalak or on the Banco... Although I was afraid of a croc attack out on the banco...

Meanwhile, I come back to see our economicalish genius got great help from his Treasury Sec. who somehow slipped over the wall and braved the rapists in Cabo...

And look, it's Individual 1 the Con sending all you turnips a Christmas Present... Merry Con Christmas, turnips and suckers. Kek.

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Whoooosh! goes the QE balloon.
 
You thought your domicile was an asset too.


as·set
/ˈaset/
noun
  1. a useful or valuable thing, person, or quality.
    "quick reflexes were his chief asset"
    synonyms: benefit, advantage, blessing, good point, strong point, selling point, strength, forte, virtue, recommendation, attraction, resource, boon, merit, bonus, plus, pro
    "he sees his age as an asset"
    • property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
      "growth in net assets"
 
as·set
/ˈaset/
noun
  1. a useful or valuable thing, person, or quality.
    "quick reflexes were his chief asset"
    synonyms: benefit, advantage, blessing, good point, strong point, selling point, strength, forte, virtue, recommendation, attraction, resource, boon, merit, bonus, plus, pro
    "he sees his age as an asset"
    • property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
      "growth in net assets"
Is your home available to meet debts monthly? If so, it moves beyond you income statement to both sides of the balance sheet.
 
Is your home available to meet debts monthly? If so, it moves beyond you income statement to both sides of the balance sheet.
It’s ok not to have any money or property or other real assets.

You just need to learn to be humble about it and not hold yourself out as a financial expert.

Otherwise, you just embarrass yourself.

Just in the past 24 hours you have 1) been unable to answer the question of whether a house that you own with a mortgage on it is listed as an asset on your financial statement and 2) you have acknowledged that you don’t own a house, because you think it’s no better than renting. (Of course, what’s probably the case is you can’t afford the down payment, which is ok!)

We have all seen it and you have been exposed.

Yet you’re the guy who blabs on and on about “QE,” etc.

“Be Humble, Sit Down.” You a Kendrick fan, or is Cecilio and Kapono more your speed?
 
It’s ok not to have any money or property or other real assets.

You just need to learn to be humble about it and not hold yourself out as a financial expert.

Otherwise, you just embarrass yourself
Doesnʻt take a financial expert. You just need to recognize who is paying the mortgage each month. And you need to recognize your equity purchase a.k.a. a down payment.
 
Doesnʻt take a financial expert. You just need to recognize who is paying the mortgage each month. And you need to recognize your equity purchase a.k.a. a down payment.
I recognize and acknowledge everything.
Then I build wealth.
If I have taught you anything here, it’s a) get humble about this stuff and stop letting your fear and insecurity cause you to brag about how “knowledgeable” you are about this stuff and b) get in the game.
Stop letting your “3rd-grade math” stop you.
 
2) you have acknowledged that you don’t own a house, because you think it’s no better than renting. (Of course, what’s probably the case is you can’t afford the down payment, which is ok!)
I recognize that nobody pays the monthly mortgage for me, nor do I net any income from my domicile. Like all other homeowners. If our homes were assets the housing crisis would not have happened. Are you denying that event?
 
I recognize that nobody pays the monthly mortgage for me, nor do I net any income from my domicile. Like all other homeowners. If our homes were assets the housing crisis would not have happened. Are you denying that event?
Incorrect.
Many people purchased assets that went underwater, so the liability exceeded the asset value and the banks, more than anyone, took the hit (they were the lenders and not the owners...so under your logic, the “real” asset holder, ie the note holder, suffered more than the homeowners). The loans were too easy to get, etc etc.
Assets devalue. Art dips, stock is massively devalued over the last month, even cash devalues during periods of high inflation (mid-70s, for example). That doesn’t change the character of these items from assets to liabilities.
None of this happened to people who bought a house they could afford or lenders who loaned against viable creditors and properties.
But maybe it happened to you...I understand. Once bitten, twice shy I guess.

Whose mortgage do you pay again? Yours or the landlord’s?

Not a complicated question. This is the second time I have asked.
 
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