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Thread: Trumps: White Angry Middleclass

  1. #1001
    Senior Member bae's Avatar
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    Quote Originally Posted by LDAHL View Post
    I seem to recall you once mentioning that during your transitional period you decided to give away a considerable portion of your net worth. As someone not particularly burdened by substantial wealth, I'm curious about how you determined how much to keep and whether you had a formal plan for converting assets into income.
    I was a chicken. I kept enough that if I kept it in cash/low-yield-but-safe investments, I likely wouldn't even spend through the pile. The rest into a charitable instrument that I control, and that *can* pay salaries to its directors for their keen and prudent management/investment work. So if things went really south I could pay myself a salary, as long as it was "reasonable".

    As far as a plan for assets-to-income, I invest in boring stocks that pay dividends, boring bonds that pay interest, boring real estate that produces rents, boring loans that produce interest, and sorta-boring businesses that produce profits.

    I didn't strive to maximize my upside so much as to limit my downside so that I knew I'd always have a roof over my head and rice & beans to eat. If I had more expensive tastes (jets instead of Cessnas, huge yachts instead of tastefully-small yachts, ...) I might have kept more.

  2. #1002
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    I have no idea how I'll vote. I keep changing my mind between writing in Bernie, voting third party, voting Hillary, and not voting. I promise I will never vote for Trump. He's acting too much like Hitler in the early 1930s.

  3. #1003
    Senior Member bae's Avatar
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    I will vote Libertarian or Green as usual I suspect.

  4. #1004
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    Quote Originally Posted by bae View Post
    I will vote Libertarian or Green as usual I suspect.
    Similar thoughts here, although a write-in is a real possibility this year.
    "Back when I was a young boy all my aunts and uncles would poke me in the ribs at weddings saying your next! Your next! They stopped doing all that crap when I started doing it to them... at funerals!"

  5. #1005
    Senior Member Teacher Terry's Avatar
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    I will vote for Hillary because a write in is a wasted vote and Trump would be far worse and unthinkable.

  6. #1006
    Simpleton Alan's Avatar
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    Quote Originally Posted by Teacher Terry View Post
    I will vote for Hillary because a write in is a wasted vote and Trump would be far worse and unthinkable.
    Hillary says that if you're being investigated by the FBI you should be denied your Constitutional rights. I think if you're being investigated by the FBI you should be denied any opportunity at the Presidency, but maybe that's just me.
    "Things should be made as simple as possible, but not one bit simpler." ~ Albert Einstein

  7. #1007
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    Quote Originally Posted by Alan View Post
    Hillary says that if you're being investigated by the FBI you should be denied your Constitutional rights. I think if you're being investigated by the FBI you should be denied any opportunity at the Presidency, but maybe that's just me.
    If all it takes is some bureaucrat's suspicion, there's no limit to what the government can do to keep us "safe". Due process being the inefficient throwback to a simpler time that it is.

  8. #1008
    Simpleton Alan's Avatar
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    Quote Originally Posted by LDAHL View Post
    If all it takes is some bureaucrat's suspicion, there's no limit to what the government can do to keep us "safe".
    But that's the direction many in this country want to take us. I say never let them near the seats of any meaningful power.
    Due process being the inefficient throwback to a simpler time that it is.
    Well, due process is what separates a Republic from a Democracy. The fabled 'Tyranny of the Majority' being the natural result. I honestly don't understand why people can't, or won't, grasp the concept.
    "Things should be made as simple as possible, but not one bit simpler." ~ Albert Einstein

  9. #1009
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    Quote Originally Posted by Teacher Terry View Post
    I will vote for Hillary because a write in is a wasted vote and Trump would be far worse and unthinkable.
    So speaking your mind, from write in, to a vote of no confidence is a wasted vote? Sounds like a lot of people died for nothing, then and we don't need that paper called the Bill of Rights, or the Constitution. (maybe we can get back all those dead soldiers)

    Quote Originally Posted by Alan View Post
    Hillary says that if you're being investigated by the FBI you should be denied your Constitutional rights. I think if you're being investigated by the FBI you should be denied any opportunity at the Presidency, but maybe that's just me.
    Guilty, before proven innocent?

  10. #1010
    Simpleton Alan's Avatar
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    Quote Originally Posted by ToomuchStuff View Post
    Guilty, before proven innocent?
    According to Hillary and the vast majority of the Democratic Party, Yes, although that's where the saving grace of due process historically comes into play.
    Her guilt or innocence has nothing to do with my wish to deny her power. It's fear of how she has indicated she would use it.
    "Things should be made as simple as possible, but not one bit simpler." ~ Albert Einstein

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