Income Inequality

Quote

Originally posted by: Boilerman
Oh gosh, I'm shock!

I just found learned that the housing index in Manhattan was at a peak of 100 in 1988, then dropped by 27% over the next 6 years. The index did not again hit 100 until 2002...............14 years after Forkies random year of 1988.

Okay Forkie, how about you repeat your calculations, except this time begin in 1998?
Also the S&P was at a low point on 1/1/88, so the index he's comparing to was moving into a major bull market. If the analysis started in 1/1/2000 it would be a completely different result...but that wouldn't fit his narrative.

DD is so correct. I've recently viewed pictures of 52 year old Marla Maples, and she's still very attractive.


Quote

Originally posted by: jatki99
Quote

Originally posted by: DonDiego
Quote

Originally posted by: Boilerman
. . . Trump took a $1 million loan and turned it into a lavish lifestyle, a net worth of billions, a smoking hot wife, successful children, . . .

Umm, . . . that should read "smoking hot wives" :




I was going to say the same, and definitely..no argument there.


PJ has never heard Boiler argue that one's personal life be transparent. Government life is different, I believe, and because Hillary is taking private bribes in return for public favors, this should be transparent.


Quote

Originally posted by: pjstroh
What does "being audited" have to do with one's desire to be transparent? Like Mitt Romeny, Donald doesn't want the public to see his tax records. He's not obligated to show the public. Fine. He should have the balls to admit it.

Instead he's created a bullshit excuse as to why he cant be transparent - and AlanLeroy is happy to run with it.


I'm shocked again..................Forkie is double dipping with his strategically chosen data. He found a unique time where Trump's real estate was at a peak, and the S&P was in a valley.

Boiler considers a strategic series of data points specifically chosen to misrepresent reality is a lie.


Quote

Originally posted by: alanleroyII
Quote

Originally posted by: Boilerman
Oh gosh, I'm shock!

I just found learned that the housing index in Manhattan was at a peak of 100 in 1988, then dropped by 27% over the next 6 years. The index did not again hit 100 until 2002...............14 years after Forkies random year of 1988.

Okay Forkie, how about you repeat your calculations, except this time begin in 1998?
Also the S&P was at a low point on 1/1/88, so the index he's comparing to was moving into a major bull market. If the analysis started in 1/1/2000 it would be a completely different result...but that wouldn't fit his narrative.



Quote

Originally posted by: alanleroyII
Quote

Originally posted by: Boilerman
Oh gosh, I'm shock!

I just found learned that the housing index in Manhattan was at a peak of 100 in 1988, then dropped by 27% over the next 6 years. The index did not again hit 100 until 2002...............14 years after Forkies random year of 1988.

Okay Forkie, how about you repeat your calculations, except this time begin in 1998?
Also the S&P was at a low point on 1/1/88, so the index he's comparing to was moving into a major bull market. If the analysis started in 1/1/2000 it would be a completely different result...but that wouldn't fit his narrative.
You want to compare it with 2000? Cool!

In 2000, Trump claimed his net worth was $5 billion. In 2016, Forbes says he is worth $4 billion.

I think he would have done better to invest in Blockbuster Video. Can't you just smell the great business acumen?
Quote

Originally posted by: forkushV
Quote

Originally posted by: alanleroyII
Quote

Originally posted by: Boilerman
Oh gosh, I'm shock!

I just found learned that the housing index in Manhattan was at a peak of 100 in 1988, then dropped by 27% over the next 6 years. The index did not again hit 100 until 2002...............14 years after Forkies random year of 1988.

Okay Forkie, how about you repeat your calculations, except this time begin in 1998?
Also the S&P was at a low point on 1/1/88, so the index he's comparing to was moving into a major bull market. If the analysis started in 1/1/2000 it would be a completely different result...but that wouldn't fit his narrative.
You want to compare it with 2000? Cool!

In 2000, Trump claimed his net worth was $5 billion. In 2016, Forbes says he is worth $4 billion.

I think he would have done better to invest in Blockbuster Video. Can't you just smell the great business acumen?
Well if you accept his 2000 claim of a $5 billon net worth then you'd be a hypocrite to not accept his 2015 claim of a 10+ billion net worth.

https://www.donaldjtrump.com/press-releases/donald-j.-trump-files-personal-financial-disclosure-statement-with-federal

So using your methodology, his net worth increased by 100% during a period when the S&P 500 increased by 30%. What a truly remarkable businessman.

Oh, apples and oranges. I believe that trump claims that his net worth today is $13 billion. That's from memory, however.


Quote

Originally posted by: forkushV
Quote

Originally posted by: alanleroyII
Quote

Originally posted by: Boilerman
Oh gosh, I'm shock!

I just found learned that the housing index in Manhattan was at a peak of 100 in 1988, then dropped by 27% over the next 6 years. The index did not again hit 100 until 2002...............14 years after Forkies random year of 1988.

Okay Forkie, how about you repeat your calculations, except this time begin in 1998?
Also the S&P was at a low point on 1/1/88, so the index he's comparing to was moving into a major bull market. If the analysis started in 1/1/2000 it would be a completely different result...but that wouldn't fit his narrative.
You want to compare it with 2000? Cool!

In 2000, Trump claimed his net worth was $5 billion. In 2016, Forbes says he is worth $4 billion.

I think he would have done better to invest in Blockbuster Video. Can't you just smell the great business acumen?


Quote

Originally posted by: alanleroyII
Quote

Originally posted by: forkushV
Quote

Originally posted by: alanleroyII
Quote

Originally posted by: Boilerman
Oh gosh, I'm shock!

I just found learned that the housing index in Manhattan was at a peak of 100 in 1988, then dropped by 27% over the next 6 years. The index did not again hit 100 until 2002...............14 years after Forkies random year of 1988.

Okay Forkie, how about you repeat your calculations, except this time begin in 1998?
Also the S&P was at a low point on 1/1/88, so the index he's comparing to was moving into a major bull market. If the analysis started in 1/1/2000 it would be a completely different result...but that wouldn't fit his narrative.
You want to compare it with 2000? Cool!

In 2000, Trump claimed his net worth was $5 billion. In 2016, Forbes says he is worth $4 billion.

I think he would have done better to invest in Blockbuster Video. Can't you just smell the great business acumen?
Well if you accept his 2000 claim of a $5 billon net worth then you'd be a hypocrite to not accept his 2015 claim of a 10+ billion net worth.

https://www.donaldjtrump.com/press-releases/donald-j.-trump-files-personal-financial-disclosure-statement-with-federal

So using your methodology, his net worth increased by 100% during a period when the S&P 500 increased by 30%. What a truly remarkable businessman.
If Forbes mis-estimated Donald Trump's worth by 250%, then Trump is a great businessman.

If Forbes is accurate, than Trump is a loser businessman.

Can we all agree on that?
Forkie, I'm sorry to leave you for two or three hours, but I must leave to meet my, black as the night, Tanzanian friend Dom. When it's dark, he scares me with his smile! In all seriousness, Dom and I joke about that.

You might not understand the joke.
Quote

Originally posted by: forkushV
Quote

Originally posted by: alanleroyII
Quote

Originally posted by: forkushV
Quote

Originally posted by: alanleroyII
Quote

Originally posted by: Boilerman
Oh gosh, I'm shock!

I just found learned that the housing index in Manhattan was at a peak of 100 in 1988, then dropped by 27% over the next 6 years. The index did not again hit 100 until 2002...............14 years after Forkies random year of 1988.

Okay Forkie, how about you repeat your calculations, except this time begin in 1998?
Also the S&P was at a low point on 1/1/88, so the index he's comparing to was moving into a major bull market. If the analysis started in 1/1/2000 it would be a completely different result...but that wouldn't fit his narrative.
You want to compare it with 2000? Cool!

In 2000, Trump claimed his net worth was $5 billion. In 2016, Forbes says he is worth $4 billion.

I think he would have done better to invest in Blockbuster Video. Can't you just smell the great business acumen?
Well if you accept his 2000 claim of a $5 billon net worth then you'd be a hypocrite to not accept his 2015 claim of a 10+ billion net worth.

https://www.donaldjtrump.com/press-releases/donald-j.-trump-files-personal-financial-disclosure-statement-with-federal

So using your methodology, his net worth increased by 100% during a period when the S&P 500 increased by 30%. What a truly remarkable businessman.
If Forbes mis-estimated Donald Trump's worth by 250%, then Trump is a great businessman.

If Forbes is accurate, than Trump is a loser businessman.

Can we all agree on that?
I think we can all agree that a person who readily accepts a candidate's wealth claim from the year 2000 (when it suits his purposes) and rejects the same person's claim from 2015 (when it doesn't suit his purposes) is simply cherry picking statistics to fit his own agenda....Just like the original AP story. That was my point all along. Thank you for proving it for me.

Already a LVA subscriber?
To continue reading, choose an option below:
Diamond Membership
$3 per month
Unlimited access to LVA website
Exclusive subscriber-only content
Limited Member Rewards Online
Join Now
or
Platinum Membership
$50 per year
Unlimited access to LVA website
Exclusive subscriber-only content
Exclusive Member Rewards Book
Join Now