Things that I really like (12 Viewers)

I had to explore the AOC item further even though it is a waste of my time. However, I can't let her idiocy go without the following business lesson. What I am about to share is a REAL world example that is happening today, it is a factual case.

Her claim that no one can legitimately earn $1Billion. Well, guess what sports fans at home, you can and here is how. There are simple real estate deals going on today in certain States and here are the facts (these are real numbers). Developer approaches family land owner to purchase 1100 acres of farmland. Developer overpays (notice this word) market value 10 fold. This land is usually valued at $1k-2K per acre. So $2.2M, Developer pays $22M. Developer then goes on to expend another $5M in development costs for a certain type of project. Developer then is approached by the Final Stage Developer Entity (Usually an operator/owner/builder) who offers $1.1B for the 1100 acres. YES, you read correctly. End of day - profit of over $1B.

So AOC fans - pretty easy to debunk her idiotic claim. What I described above is only 1 transaction at the optimum level on all fronts. How many of these transactions happen albeit at a lower amount DAILY? Answer - more than we can count. Point being - there are millionaires and billionaires made every day in real estate. 100% Legit. No cheating, no funny business, just straight simple transaction because someone has a risk/reward tolerance that pays off.

Again, my question is this, how is someone so DUMB elected.

Tom
 
tdubel said:
I had to explore the AOC item further even though it is a waste of my time. However, I can't let her idiocy go without the following business lesson. What I am about to share is a REAL world example that is happening today, it is a factual case.

Her claim that no one can legitimately earn $1Billion. Well, guess what sports fans at home, you can and here is how. There are simple real estate deals going on today in certain States and here are the facts (these are real numbers). Developer approaches family land owner to purchase 1100 acres of farmland. Developer overpays (notice this word) market value 10 fold. This land is usually valued at $1k-2K per acre. So $2.2M, Developer pays $22M. Developer then goes on to expend another $5M in development costs for a certain type of project. Developer then is approached by the Final Stage Developer Entity (Usually an operator/owner/builder) who offers $1.1B for the 1100 acres. YES, you read correctly. End of day - profit of over $1B.

So AOC fans - pretty easy to debunk her idiotic claim. What I described above is only 1 transaction at the optimum level on all fronts. How many of these transactions happen albeit at a lower amount DAILY? Answer - more than we can count. Point being - there are millionaires and billionaires made every day in real estate. 100% Legit. No cheating, no funny business, just straight simple transaction because someone has a risk/reward tolerance that pays off.

Again, my question is this, how is someone so DUMB elected.

Tom
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Democrats ask that same question often also...but no worries...

"nothing bad can happen...it can only good happen"...
 
Terp152 said:
Reminds me of when Obama said people who own a business "you didn't build that" during a 2012 speech. My wife's aunt and uncle worked their business from 7 in the morning until 1am everyday 5 days a week 52 weeks a yr. They would take turns going home during the day to rest and work around the house.
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Another post that truly captures American economics.

As a small business owner for over 25 years I just laugh at the Republican and Democratic leadership on the local, state and especially the federal level.

They stay in power via lies and campaign rhetoric, Obama, Biden, Trump, and whoever the next guy is.

They get elected on our backs and hard work while never fulfilling any of their promises.

Small business is the middle class of corporate America.
 
Savannah, Georgia. Just got back from there. Beautiful city and people. I'm struck by how much nicer people are there than in the NE. I know that is a generalization but the differences are profound.
 
Combat said:
So much for that. The Lakers are just outmatched by OCK. Even when they play a decent game, they still lose by double digits. Game four will be a "1-2-3 Cancun" game.
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IF Detroit and the Knicks advance, watch the officiating in that series and how slanted it will be towards the Knicks; a Knicks/Spurs or Knicks/OKC match up would be great for ratings, all those mouth breathing Knicks fans who stampede into the streets after each win looking to burn down the city vs the Pistons getting in?

The NBA would never allow it to happen.

Plus who wouldn't want to see that multiple academy award winning actor Ben Stiller mugging it up on camera in the finals or that midget Spike Lee?

Just awesome, can't wait not to watch.
 
Combat said:
I'm taking the Lakers tonight in a do or die situation. They avoid the sweep but go down 4-1. OKC just outclasses them.
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well...last night OKC totally outplayed the Lakers in every aspect of the game...a sweep seems inevitable...OKC is just too good...

while it's hard to have to sit Doncic due to injuries...as he averages of 35 points per game...OKC still crushed the Lakers when he played them in regular season...

with Boston gone...assuming NY and Detroit win the East...I just don't see either of them beating San Antonio or OKC...

and the best playoff match to watch should be San Antonio and OKC...

tough year for the Lakers...was glad to see them win at least one round...
 
Warrior said:
IF Detroit and the Knicks advance, watch the officiating in that series and how slanted it will be towards the Knicks; a Knicks/Spurs or Knicks/OKC match up would be great for ratings, all those mouth breathing Knicks fans who stampede into the streets after each win looking to burn down the city vs the Pistons getting in?

The NBA would never allow it to happen.

Plus who wouldn't want to see that multiple academy award winning actor Ben Stiller mugging it up on camera in the finals or that midget Spike Lee?

Just awesome, can't wait not to watch.
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Some great teams but I have zero interest once the Lakers get swept. An OKC/Pistons series might be good basketball, but no skin in that game. The Knicks have no chance if they end up against OCK or SA. Might be a sweep. MN is a sleeper in the west. They have the athletes to be competitive with OKC and SA.
 
Combat said:
Some great teams but I have zero interest once the Lakers get swept. An OKC/Pistons series might be good basketball, but no skin in that game. The Knicks have no chance if they end up against OCK or SA. Might be a sweep. MN is a sleeper in the west. They have the athletes to be competitive with OKC and SA.
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yea...no dog in the fight...I understand how you would lose interest...
 
Combat said:
The Lakers are now 0-7 against OKC this season with the average margin of victory being over 25 points. My spidey senses tell me that coming back from 0-3 is not happening.
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not counting the playoffs...too many injuries this year...season was doomed from the start...

Doncic missed 17 regular season games...
Reaves missed 31 regular season games...
Lebron missed 22 regular season games...

next man up just didn't work for them...

with all that said...I don't think the Lakers could of beat OKC even if completely healthy...
 
Combat said:
Some great teams but I have zero interest once the Lakers get swept. An OKC/Pistons series might be good basketball, but no skin in that game. The Knicks have no chance if they end up against OCK or SA. Might be a sweep. MN is a sleeper in the west. They have the athletes to be competitive with OKC and SA.
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The West is loaded; any of the three remaining teams would roll anyone who comes out of the East.
 
mikemiller1955 said:
not counting the playoffs...too many injuries this year...season was doomed from the start...

Doncic missed 17 regular season games...
Reaves missed 31 regular season games...
Lebron missed 22 regular season games...

next man up just didn't work for them...

with all that said...I don't think the Lakers could of beat OKC even if completely healthy...
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They couldn't beat OKC, SA or even MN. When you can't play defense, you are cooked against the elite teams. If you look at the stat line last night, the Lakers played well on paper. Several guys in double digits. But they couldn't get any stops. Luka would have made no difference is this series. Just outclassed.
 
At least the Lakers won't be the first team to get swept. The 76ers are taking an epic beatdown today. The kind of loss that results in coaches being fired and players being traded. The Celts must be kicking themselves.
 
Here I think is something good about to happen that I like - Trump's DOJ is investigating NFL's antitrust exemption with regard to moving games behind streaming "pay walls". This could get interesting and make for some odd "bedfellas" so to speak.

Tom
 
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