Trumps re-election....

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Bumblebee

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This is what the stock market is for....................................if you want your money to make money, you do it here.
This way if and when you loose, only YOU loose, not the innocent tenants who have no gain in the market.

I have no problem with capitalism when your creating a good or service to be sold in the market....................when this happens you are creating a product/service to be bought and sold and it's a net good for society as goods are being exchanged for money.

When money is being used to make money, there is NO net good for society outside the individual who gets the money. When you money is making money, you are simply pulling it from somewhere else and consolidating it in your own bank account to enjoy while those around you pay the price.

NOW, on the global stock market this is fine, you have trillions moving around everyday, your trades don't even make a ripple......................but in your own local housing market, your actions directly inflate the market and it continues to inflate to the point where you actually begin to push people OUT of the market who simply can't even afford to get into it now, where 15 years ago they could have.

And before you claim that landlords create housing and offer a housing service, sit down and listen...................While that may be technically true, if you weren't doing what your doing, many of those you provide the service for could own the house themselves. Making it cheaper in the long run for everyone without paying your increased costs, and BS while you hold them hostage for a bare necessity of life.

While I am mostly conservative, I do have a heart and know that Food, Water, and Shelter are NOT options in Canada, they are basic necessitates of life and should be protected from greedy capitalists like yourself. Now, grocery stores are a plenty these days so competition keeps them in check, Water is government controlled and in check.......................Housing is a bull market and the wild west, and people are dying because of it all while the select few line their pockets ever more.

Sorry, land lords will NEVER have my ear or sympathy...................................You want to maximize your profits for yourself, I hope you get the most rotten of tenants that make you fight for every penny of it. That way at least you can say you worked for it, as hard as landlords work I guess, pushing pens, cashing cheques and making phone calls.

Cameron
In the same breath to my reply to you.....there should be tighter controls both on rent and maintenance for rentals by landlords...

A standard should have been set and enforced so the term "slum lord" could never been brought to light. We have by law officers now.....their job description should have been updated to encompass this task and they should have been given more teeth to enforce these laws.

However, this still doesn't negate the content of my previous post....

Duro5341

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A retail tycoon or landlord is NOT an entrepreneur.............................................The fact you think they are one in the same is your problem.

A retail tycoon/landlord uses their wealth to buy and consolidate properties with the sole ambition to rent them out at a profit, and earns a living using their money to make money. Thus using their money, to create wealth for themselves while holding others hostage for the betterment on themselves.

An entrepreneur creates a product or service, sells it to the public and keeps the profits made from the manufacture/time spent on the product or service to their fellow man. Thus actually performing a service or creating a product to perform a function to better society.

The world can indeed survive without landlords just fine.....................The world would fall into decay without entrepreneurs pushing the boundaries and creating new things pushing technology/progress forward.

Cameron

Bumblebee

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A retail tycoon or landlord is NOT an entrepreneur.............................................The fact you think they are one in the same is your problem.

A retail tycoon/landlord uses their wealth to buy and consolidate properties with the sole ambition to rent them out at a profit, and earns a living using their money to make money. Thus using their money, to create wealth for themselves while holding others hostage for the betterment on themselves.

An entrepreneur creates a product or service, sells it to the public and keeps the profits made from the manufacture/time spent on the product or service to their fellow man. Thus actually performing a service or creating a product to perform a function to better society.

The world can indeed survive without landlords just fine.....................The world would fall into decay without entrepreneurs pushing the boundaries and creating new things pushing technology/progress forward.

Cameron
I disagree with your entire post above......there's not even sense in dissecting the parts I disagree with.....

But that's ok....

So you tell me how you would go about housing for people without any renters or landlords......you might as well through the banks and mortgages in there because banks are the formation of "tycoons."

If your plan is sound enough, perhaps you need to go into politics and become the housing minister......

BTW-here is the definition of an Entrepreneur....

a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
"many entrepreneurs see potential in this market"

Duro5341

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If your plan is sound enough, perhaps you need to go into politics and become the housing minister......

BTW-here is the definition of an Entrepreneur....

a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.
"many entrepreneurs see potential in this market"
OK, So let's start taxing landlords like a commercial business then..................................It's time we see the real profits, and make them pay the taxes on said profits the same as any profitable business would. Let's also not forget the the capital gains taxes, payrol taxes, WSIB, and other costs normal business have to pay. The landlord is their own employee or possibly 2 for a couple, and thus the business should pay all the same employee taxes everyone else pays.

Rather than just pocketing the rent money and paying the costs like they live there to skirt the above mentions costs.

Proper entrepreneurs run commercial or industrial businesses.......................Time for Lardlords to do the same, if they think themselves as entrepreneurs.

Cameron

Bumblebee

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OK, So let's start taxing landlords like a commercial business then..................................It's time we see the real profits, and make them pay the taxes on said profits the same as any profitable business would. Let's also not forget the the capital gains taxes, payrol taxes, WSIB, and other costs normal business have to pay. The landlord is their own employee or possibly 2 for a couple, and thus the business should pay all the same employee taxes everyone else pays.

Rather than just pocketing the rent money and paying the costs like they live there to skirt the above mentions costs.

Proper entrepreneurs run commercial or industrial businesses.......................Time for Lardlords to do the same, if they think themselves as entrepreneurs.

Cameron
Tax, tax, tax.....you must be part of the Trudeau gang....that's all they think about as well....

I don't know where your hate for landlords came from but there's counselling for that these days.....

People who rent property have to claim rent as income and are taxed on it....then have to pay property tax on that property so don't worry, there are taxes involved.

When we talk landlords......and the lack of requirement for them.......how would we go about housing students, low income people, military families, seniors, etc without some sort of a landlord??

What about someone who inherited a home and wanted to keep it in the family but couldn't live in it or perhaps they are out of province...should they be forced to sell it?

What about land lease holders who lease farm land from someone to work it, should the land owner be forced to sell it?

What about apartment buildings.....would tenants then own their apartment omitting the need for a landlord.....then they would become a condominium right?

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What about a case I know where a tenant refused to pay rent because he lost his job and the landlord wasn't allowed to evict him so had to carry the tenant for a year....and it was a utilities included rental so the tenant turned on every light and used his oven to heat the apartment, then had "Hollywood" showers costing the landlord a pile of money....and the landlord had zero rights whereas the tenant had all of them....

Where's the outrage over the tenant being a tool-bag?

Duro5341

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Tax, tax, tax.....you must be part of the Trudeau gang....that's all they think about as well....

I don't know where your hate for landlords came from but there's counselling for that these days.....

People who rent property have to claim rent as income and are taxed on it....then have to pay property tax on that property so don't worry, there are taxes involved.

When we talk landlords......and the lack of requirement for them.......how would we go about housing students, low income people, military families, seniors, etc without some sort of a landlord??

What about someone who inherited a home and wanted to keep it in the family but couldn't live in it or perhaps they are out of province...should they be forced to sell it?

What about land lease holders who lease farm land from someone to work it, should the land owner be forced to sell it?

What about apartment buildings.....would tenants then own their apartment omitting the need for a landlord.....then they would become a condominium right?

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What about a case I know where a tenant refused to pay rent because he lost his job and the landlord wasn't allowed to evict him so had to carry the tenant for a year....and it was a utilities included rental so the tenant turned on every light and used his oven to heat the apartment, then had "Hollywood" showers costing the landlord a pile of money....and the landlord had zero rights whereas the tenant had all of them....

Where's the outrage over the tenant being a tool-bag?
Hahahahaha, keep assuming........................as I said before, I am largely conservative.
But when it comes to the bare necessities of life (food, water, housing), there needs to be regulation to protect us peasants from greedy capitalists.

Students can be housed in dormitories, low income have centres and financial support to help with housing, military families and seniors should be owning their homes, and if forced to move they can sell and buy in the new location where their services are required.

As for someone who inherited a property, they have a choice to keep it for personal use (wither they use it or not is up to them) or sell it and move on if they aren't going to use it.

Land lease owners should be sectioning off the land, selling the farmland to farmers to use and keep the property their residence is sitting on.

Apartment buildings should be set up as condo's where residents own everything within the walls, and a percentage of the property. Property management companies charge residents for maintenance and upkeep of the property, but are sub-contracted by the residents association and financial records are kept.

In the current system, if the landlord wants to float the tenant for a year............That's on them, and it's their choice
Right now housing is an open market same as the stock market. Sometimes you win, sometimes you loose.
The fact that tenants need to have protections from landlords only enforces my opinion, most are greedy and heartless and must be kept in check through laws because their own morals isn't enough.

There is NO outrage for the tenant being a toolbag.....................You clearly didn't vet them enough, and that's a chance you took.
Those who invest in the stock market without doing research on the companies they are investing in, stand a real chance of loosing A LOT.
Like I said, if you want to treat housing like the stock market to allow your financial wealth to make you money, then these are the chances you take.

If you choose to create a good or service to sell in the open market like actual entrepreneurs, you would have laws, contracts, and other legal means to protect yourself from harm.

Welcome to the wild wild west of housing, if it wasn't so lucrative you wouldn't be in it............................and it wouldn't be worth the risk, but you are so it must be.

Cameron

Bumblebee

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Hahahahaha, keep assuming........................as I said before, I am largely conservative.
But when it comes to the bare necessities of life (food, water, housing), there needs to be regulation to protect us peasants from greedy capitalists.

Students can be housed in dormitories, low income have centres and financial support to help with housing, military families and seniors should be owning their homes, and if forced to move they can sell and buy in the new location where their services are required.

As for someone who inherited a property, they have a choice to keep it for personal use (wither they use it or not is up to them) or sell it and move on if they aren't going to use it.

Land lease owners should be sectioning off the land, selling the farmland to farmers to use and keep the property their residence is sitting on.

Apartment buildings should be set up as condo's where residents own everything within the walls, and a percentage of the property. Property management companies charge residents for maintenance and upkeep of the property, but are sub-contracted by the residents association and financial records are kept.

In the current system, if the landlord wants to float the tenant for a year............That's on them, and it's their choice
Right now housing is an open market same as the stock market. Sometimes you win, sometimes you loose.
The fact that tenants need to have protections from landlords only enforces my opinion, most are greedy and heartless and must be kept in check through laws because their own morals isn't enough.

There is NO outrage for the tenant being a toolbag.....................You clearly didn't vet them enough, and that's a chance you took.
Those who invest in the stock market without doing research on the companies they are investing in, stand a real chance of loosing A LOT.
Like I said, if you want to treat housing like the stock market to allow your financial wealth to make you money, then these are the chances you take.

If you choose to create a good or service to sell in the open market like actual entrepreneurs, you would have laws, contracts, and other legal means to protect yourself from harm.

Welcome to the wild wild west of housing, if it wasn't so lucrative you wouldn't be in it............................and it wouldn't be worth the risk, but you are so it must be.

Cameron
See what I did there......? I quote your post so I can let you know I responded so you can do so in turn.....

You say conservative but speak like a communist.......you might want to take a real look at that......

I will say again that I disagree with 98% of your post, not too often do we get to meet a person who is so anti-landlord or renter......to the point of not making any sense at all.....

Who pays and who controls student housing? If the student is paying then they are a renter, if the college or university is paying then who pays them for the housing units? If it is added to the tuition, these institutions will be empty as people are barely affording to be there as it is.

Military housing-although many do own their own homes now, many still live in PMQs because there are many times they get posted to an area of either crazy high house prices which will bankrupt them or in a depressed market where it is very difficult to sell a house (or find one). So in this instance, know your facts before you speak on a subject you have zero clue about....

Low income people need a place to live, not a support center.....these homes are provided as a subsidy via provincial housing where the taxpayer pays a percentage of their housing because they can't-the alternative is they live on the street.......

Seniors for the most part owned their own homes and sold them to move into community living where they pay rent so they don't have to cut grass, clear snow or worry about maintenance.....

The "tool bag" in question (according to my neighbor) was an excellent tenant until he stopped being one.......as is such with many people. it has got to the point where the tenant has the rights and the landlord has none thanks to your friend Trudeau this particular tenant got to live rent free for a year and there was nothing the landlord could do shy of taking him to court....which he did and won forcing the tenant into making restitution.....

I can only imagine what a world would look like if you were the housing minister........no more apartment buildings but rather 100% condos.....everyone in your realm would have to be incredibly wealthy to live there....

I take it you have always owned your property and have never rented anything in your lifetime......and when I mean anything I include any sort of rental car, power tool, camp ground, hotel room or anything.....if you plan a vacation by your reasoning, you should have to buy a house at wherever you plan on vacationing and then selling it when your vacation is done or keep if vacant for future vacations...or if you travel and need a vehicle, you should have to buy a car at your destination and sell it when you leave...

Any of the above creates a profit for the owner of such a service or item so therefore places them in the same situation as a landlord-there's no difference other than the commodity....


Hopefully my last paragraph enforces just how messed your thinking seems to anyone else...

Bottom line.......you can see how much people on this forum are interested in this topic as there are very few who are posting here and I would guarantee there are many who either rent, have rental properties or just don't care.......I seem to the sole nut that is engaging you on this.....I'm kind of crazy like that.

Red05

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Your a left-wing democrat.........................you love to denounce corporate CEO's for their compensation packages, you love to denounce the rich in society who have more than you, you want governments to take down these rich CEO's, corporations, and companies to help the little guy.
Lol you know all these things about me but didn’t understand that landlords pay taxes on rental income or that they indeed do have contracts with their tenants? It’s very much like a store, treat the customer well and they stay, because they want to. I keep agreements to month by month so everyone can keep deciding if the arrangement suits them.
There is a database of available rentals because it’s an extremely viable commodity. I get asked all the time if I have anything available. A big part of society loves to rent, more often than not because of the flexibility to change. The ones that do aspire to own, I encourage them to. I’ve had this conversation endless times with prospective and actual tenants, over 25 years. Listen to Bee. Your naive theories have led you into an area where you have no idea what you are talking about.

Zerks

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If you don’t think I’ve had that conversation with tenants before, you’re wrong. Your first paragraph reads as if my pursuits in real estate are a crime. What is a true shame is the hate and discontentment that people like you and Zerks spread. I won’t continue this ridiculous conversation and leave you to your convictions.
My reasons for believing what I do have to do with the predatory actions of corporations and governments that are well documented. Just plug in "The Big Short" that is Hollywoods version of the 08 market crash. The film really doesn't do justice to what really happened... it's just a slanted view of it for entertainment purposes.

A much better version is Steve Croft's report on 60 Minutes back in 2008. The MSM ( CBS ) doesn't want you to see that again... it is a heavy dose of the truth... and the truth is despised regarding certain subjects in the MSM that wants you to stay ignorant. I have asked CBS for a copy in any form available... they don't respond... huh... I wonder why?

Do you know what a "bucket shop" is? It was outlawed in 1933... then regained legal favor with the Commodities, Futures and Modernization Act of 2000. Notice the year 2000.... when do you think the 2008 mortgage bubble got its footing? This is what happens when a government makes unethical laws that allow the mortgage industry and key players create boatload of money with mis represented mortgage backed securities. Exhibit #1... John Paulsen the hedge fund guy makes 3.7 billion in 2007 by betting on people not paying their mortgages. John was one of many that knew the fix was in. The crash really started in 06... but was propped up as long as possible until the world sat on the edge of financial ruin... Lehman Brothers and others were on the wrong side of the bet along with AIG and the rest is history.

We actually have not fully recovered from an equity standpoint... yes, people have restarted and made progress as resilient people do... but the equity theft was a big success on many levels... and when it was over nobody went to jail and the money went to the top.

So... condemn me for what I believe... I am ok with it... you haven't examined the evidence.

Zerks

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See what I did there......? I quote your post so I can let you know I responded so you can do so in turn.....

You say conservative but speak like a communist.......you might want to take a real look at that......

I will say again that I disagree with 98% of your post, not too often do we get to meet a person who is so anti-landlord or renter......to the point of not making any sense at all.....

Who pays and who controls student housing? If the student is paying then they are a renter, if the college or university is paying then who pays them for the housing units? If it is added to the tuition, these institutions will be empty as people are barely affording to be there as it is.

Military housing-although many do own their own homes now, many still live in PMQs because there are many times they get posted to an area of either crazy high house prices which will bankrupt them or in a depressed market where it is very difficult to sell a house (or find one). So in this instance, know your facts before you speak on a subject you have zero clue about....

Low income people need a place to live, not a support center.....these homes are provided as a subsidy via provincial housing where the taxpayer pays a percentage of their housing because they can't-the alternative is they live on the street.......

Seniors for the most part owned their own homes and sold them to move into community living where they pay rent so they don't have to cut grass, clear snow or worry about maintenance.....

The "tool bag" in question (according to my neighbor) was an excellent tenant until he stopped being one.......as is such with many people. it has got to the point where the tenant has the rights and the landlord has none thanks to your friend Trudeau this particular tenant got to live rent free for a year and there was nothing the landlord could do shy of taking him to court....which he did and won forcing the tenant into making restitution.....

I can only imagine what a world would look like if you were the housing minister........no more apartment buildings but rather 100% condos.....everyone in your realm would have to be incredibly wealthy to live there....

I take it you have always owned your property and have never rented anything in your lifetime......and when I mean anything I include any sort of rental car, power tool, camp ground, hotel room or anything.....if you plan a vacation by your reasoning, you should have to buy a house at wherever you plan on vacationing and then selling it when your vacation is done or keep if vacant for future vacations...or if you travel and need a vehicle, you should have to buy a car at your destination and sell it when you leave...

Any of the above creates a profit for the owner of such a service or item so therefore places them in the same situation as a landlord-there's no difference other than the commodity....


Hopefully my last paragraph enforces just how messed your thinking seems to anyone else...

Bottom line.......you can see how much people on this forum are interested in this topic as there are very few who are posting here and I would guarantee there are many who either rent, have rental properties or just don't care.......I seem to the sole nut that is engaging you on this.....I'm kind of crazy like that.
You never really own your house if it comes with a property tax bill. Here in the states if you don't pay taxes for 3 years your property ends up on the auction block at the county courthouse. Yes, some people lose their home to the tax accessor's office... and they have police power... and police power means they have guns. So... taxes can have powerful effect on people when they run out of money.

Bumblebee

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You never really own your house if it comes with a property tax bill. Here in the states if you don't pay taxes for 3 years your property ends up on the auction block at the county courthouse. Yes, some people lose their home to the tax accessor's office... and they have police power... and police power means they have guns. So... taxes can have powerful effect on people when they run out of money.
..........and.......?

Owning a home and paying taxes on the land are two entirely different things....

The taxes are supposed to be for services related to that property....(trash/ recycling pickup, snow clearing, etc).

This is like saying you never really own your car or bike because you have to pay insurance or registration.....

Bumblebee

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One thing that Trump has carried over from his previous tenor as president is the hatred from the media.....they have already started the constant attacks on him and his gang even before his inauguration.......

What they don't get is when that happens, he is going to go after them like a bear on a honey tree...life is going to change for many of them...

Lots of people will be against the pending attack in media but in my estimation, media isn't what it used to be....in most cases they aren't reporting news, they are going after ratings and appeasing a base of viewers......they have almost become talk shows and no longer news platforms.....

News media is supposed to hold government accountable for their decisions through unbiased investigative reporting....those days are gone.....

The incoming prime minister here (Pollievre) has made the mistake of crossing the partisan media outlets and they call down each and every point he makes......he made the mistake of announcing he plans on defunding public media.....that sort of thing should have been quiet until he got into the office, then acted on......

It's getting boring constantly seeing the media bash each and everything he speaks on..... and the media can reach more people brainwashing them as it goes....

Bumblebee

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I saw this and it substantiates my stance on how main stream media is functioning

Bumblebee

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When we hear and talk about the southern border....

Is what this Sherriff is saying reality or not?

Who on this forum lives along the southern border and can speak on these sorts of issues...?

CBXRider

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His jerky speech was edited badly so the context of what he’s saying is suspect. He mentions 25 arrestees and then refers to them in percentage form saying 16% of the 25 instead of 4 of the 25. WTH? It’s a day’s ride from here to the border in CA or AZ so I haven’t any personal knowledge of the issues there.

Red05

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So... condemn me for what I believe... I am ok with it... you haven't examined the evidence.
Again you assume what I examine and my thoughts on it. Also, again, you completely miss my point. My comment was about your negativity disguised as BS knowledge of basically everything. When Covid shut the country down, after consideration I invested more heavily than I ever have in Zoom stock. It nearly quintupled in the following months. Election night, as most liberals held their head in their hands, I researched Musk’s Dogecoin.
Make the best of the situation rather than your and Cameron’s doom and gloom. That was my point but your naturally negative thought process completely missed it. Go explain your failure theories to someone that gets off on that crap.

Zerks

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..........and.......?

Owning a home and paying taxes on the land are two entirely different things....

The taxes are supposed to be for services related to that property....(trash/ recycling pickup, snow clearing, etc).

This is like saying you never really own your car or bike because you have to pay insurance or registration.....
You could be total off the grid with septic, solar, a water well and satellite if you wanted it. You would still pay property taxes, DMV taxes and other fees for whatever new bond that gets passed even though it has no direct benefit for you as a homeowner.

Zerks

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One thing that Trump has carried over from his previous tenor as president is the hatred from the media.....they have already started the constant attacks on him and his gang even before his inauguration.......

What they don't get is when that happens, he is going to go after them like a bear on a honey tree...life is going to change for many of them...

Lots of people will be against the pending attack in media but in my estimation, media isn't what it used to be....in most cases they aren't reporting news, they are going after ratings and appeasing a base of viewers......they have almost become talk shows and no longer news platforms.....

News media is supposed to hold government accountable for their decisions through unbiased investigative reporting....those days are gone.....

The incoming prime minister here (Pollievre) has made the mistake of crossing the partisan media outlets and they call down each and every point he makes......he made the mistake of announcing he plans on defunding public media.....that sort of thing should have been quiet until he got into the office, then acted on......

It's getting boring constantly seeing the media bash each and everything he speaks on..... and the media can reach more people brainwashing them as it goes....
Just started constant attacks you say? I guess you missed the opening salvo in 2015. Since then he has been maligned in so many ways it's not possible to remember all the slanderous insults. Some people in the MS compare Trump to Hitler like Kamala did. Then, when he wins the presidential election they change their tune and want to talk with him like the CNBC couple like Joe Scarborough and his side kick with a Russian sounding name. Joe and Meka ? or something like that. They just went to Mara Lago to meet with Trump. I guess they want their ratings to get restored.

Imagine somebody making a living by smearing and attacking you in the MSM for years... then, when you gain the highest office around, they want to have a friendly get together and learn what your plans are as president at your house. Are you the type of person that would agree to that?

I have heard Trump plans on suing the NYT and some other diarrhea of the mouth MSM outlets.

Near as I can tell Trump has learned from his 1st term how the Washington Swamp can slow walk your orders and stab you in the back when the time is right. His cabinet picks have the swamp in a rage right now and many people are resigning because they know they won't have Joes minions at the DOJ and FBI to protect them anymore.

This 5 minute segment from JFK's secret society speech tells us exactly what the responsibilities of the National press is.
The MSM became the propaganda wing of the democrat party decades ago...

Zerks

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Again you assume what I examine and my thoughts on it. Also, again, you completely miss my point. My comment was about your negativity disguised as BS knowledge of basically everything. When Covid shut the country down, after consideration I invested more heavily than I ever have in Zoom stock. It nearly quintupled in the following months. Election night, as most liberals held their head in their hands, I researched Musk’s Dogecoin.
Make the best of the situation rather than your and Cameron’s doom and gloom. That was my point but your naturally negative thought process completely missed it. Go explain your failure theories to someone that gets off on that crap.
My speculative pursuits are doing just fine and the best is already here... it's not for public exposure.

I stand by everything I said that you disagree with as it regards the 08 debacle because it was criminal activity planned well in advance.

No matter what happens opportunity exist... why else would Buffet and others say this about the markets? Paraphrased... when there is blood in the streets it time to buy.

Learning how to sell is one of the most valuable skills one can develop. With that ability alone you can make a fortune... and once you have control of your wealth your inner world becomes a much calmer place... and don't we all want peace of mind?

That is my theory lesson for today... lol !

About Trump... the reason he never quit is because he knew he had the American people behind him and they supported him.
The election proved that... The Dems couldn't steal this election... a poll watch army was out in force this time that was organized by Lara Trump, his daughter in law in all 50 states. It was much more than a poll watching army doing our election system monitoring. It was also the recent discovery of a high tech ability to produce fake votes from voters that are dead, have moved, or some other miscue that has been detected and will be exposed at the right time. Right now we have so much corruption to sort out and remedy that election rigging in 2019 will not be a top priority.

If you search the origins of covid you will now discover it was a scam of epic proportions with one report dated 11-2-2024 that I lost track of.
  1. https://oig.hhs.gov › fraud › consumer-alerts › fraud-alert-covid-19-scams

    Fraud Alert: COVID-19 Scams - Office of Inspector General

    Feb 28, 2023Scammers are using social media to perpetrate COVID-19-related scams. In one major scheme, fraudsters hack social media accounts and send direct messages to beneficiaries while posing as a friend or government employee. The impersonator claims the person is eligible for government grants (citing various reasons like COVID-19, disability, etc ...
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    https://www.rollingstone.com › politics › politics-features › covid-relief-scam-fraud-money-billions-1234784448

    The Trillion-Dollar Grift: Inside the Greatest Scam of All Time

    Jul 9, 2023The AP estimates $280 billion went to fraudsters and another $123 billion was misappropriated, some 10 percent of the relief money. For his part, Talcove estimates the actual losses blow past the ...
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    https://www.nbcnews.com › politics › justice-department › biggest-fraud-generation-looting-covid-relief-program-known-ppp-n1279664

    'Biggest fraud in a generation': The looting of the Covid relief ...

    That's on top of the $90 billion to $400 billion believed to have been stolen from the $900 billion Covid unemployment relief program — at least half taken by international fraudsters — as ...
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    https://quackwatch.org › consumer-protection › covid-19-consumer-protection

    COVID-19 Schemes, Scams, and Misinformation - Quackwatch

    Testing Scams: Scammers are selling fake at-home test kits or going door-to-door performing fake tests for money. Free test kits can be obtained from COVIDtests.gov, or by calling 1-800-232-0233. Contact tracing scams: Legitimate health department contact traces may ask whether you have been exposedto COVID-19. But any such communication that ...
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    https://www.mprnews.org › story › 2022 › 09 › 20 › feds-47-indicted-in-brazen-250m-covid-spending-fraud-centered-in-minnesota

    Feds: 48 charged in 'brazen' $250M COVID spending fraud centered in ...

    Updated 10 p.m. Federal authorities on Tuesday charged 48 people in what they described as the country's largest COVID-19 funding scam, alleging an elaborate Minnesota-based operation stole at ...
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    https://www.experian.com › blogs › ask-experian › the-latest-scams-you-need-to-aware-of



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    https://arstechnica.com › science › 2024 › 10 › covid-fraudster-pleads-guilty-faces-20-years-for-role-in-83m-testing-scam

    Lab owner pleads guilty to faking COVID test results during pandemic

    Oct 1, 2024The co-owner of a Chicago-based lab has pleaded guilty for his role in a COVID testing scam that raked in millions—which he used to buy stocks, cryptocurrency, and several luxury cars while ...
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