Prediction - US Presidential 2024

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  • Sid Belzberg
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  • Dilip Panjwani
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    Originally posted by Pargat Perrer View Post

    Meanwhile, the nation’s top 1% continue to make money at an almost incomprehensible rate. As of the second quarter of 2024, their wealth amounted to $46.71 trillion, according to Federal Reserve data. That’s up more than 50% from 2020’s $30.35 trillion — and more than the combined GDP of the U.S. and China in 2023, which totaled $45.15 trillion, per the World Bank
    Let's not confuse the total wealth with GDP, and if you actually calculate the wealth of the individuals in the top 1% of the nation's population using the figures given by you, it comes to about 10 million per individual... that is just sufficient to have a barely luxurious family life, given the cost of living, e.g. a decent house in LA could cost >5 million.... The way Libertarianism would deal with the inequality is by ensuring that politicians do not frame stupid laws that I referred to in my post above, which create this inequality, and by giving easy access to capital to everyone, so that the GDP of the nation rises along with the wealth of those who currently are not so wealthy, thereby making near-luxurious life possible for the society as a whole...

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  • Dilip Panjwani
    replied
    Bill Gates knows that billionaires like him have used politicians to frame laws to exercise undeserved monopolies to prevent others also from making a fair living, and when the government tried to cancel some of these which he was abusing, he fought tooth and nail against it !

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  • Dilip Panjwani
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    Yes, Society does need to be governed, and that is best done by the laws of Libertarianism, in a system of circles within circles...
    There is no role for politicians other than to ensure the above!

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  • Pargat Perrer
    replied
    Originally posted by Dilip Panjwani View Post
    ....the idea that society needs politicians to 'govern' it, is a big lie which has been very disruptive to society itself. .....
    No, that is wrong. The problem is that politicians have been elevated to such high status and the game of politics has become all about the ego and the bankbook.

    Society does need to be governed. This is beyond dispute. The alternative is anarchy which leads to nothing good.

    The native Americans had chiefs, but some of them left the most important far-reaching decisions up to ... grandmothers. The wisdom behind that is amazing. Only grandmothers can truly decide to do what is right for the future generations.

    What we need are politicians who are like grandmothers: who put the future of they people they govern ahead of any personal considerations. We need to end the era of professional politicians.

    In a related article I just saw tonight ...

    BILL GATES WANTS HIMSELF AND -- ALL BILLIONAIRES -- TO BE TAXED ON THEIR WEALTH AT 62%, ALL OF IT TO GO TO GOVERNMENT.

    excerpts:

    “I’ve been disproportionately rewarded for the work I’ve done — while many others who work just as hard struggle to get by,” he wrote. “That’s why I’m for a tax system in which, if you have more money, you pay a higher percentage in taxes. And I think the rich should pay more than they currently do.”

    Meanwhile, the nation’s top 1% continue to make money at an almost incomprehensible rate. As of the second quarter of 2024, their wealth amounted to $46.71 trillion, according to Federal Reserve data. That’s up more than 50% from 2020’s $30.35 trillion — and more than the combined GDP of the U.S. and China in 2023, which totaled $45.15 trillion, per the World Bank.

    Navigator Research reported in February that 79% of respondents support raising taxes on the rich — including 94% of Democrats and 63% of Republicans. In addition, more than 7-in-10 Americans support raising taxes on the wealthy and big corporations across all income levels.



    In just 4 years ... an increase in wealth of more than 50% for the top 1%. This is unsustainable.
    Last edited by Pargat Perrer; Sunday, 27th October, 2024, 03:24 AM.

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  • Dilip Panjwani
    replied
    Well said, Larry and Vlad!
    According to Libertarianism, the idea that society needs politicians to 'govern' it, is a big lie which has been very disruptive to society itself. Trump's lies just reveal how narcissistic a fella he is, but do not do any harm worth speaking of, to anyone else...except perhaps on January 6th, 2021.
    Last edited by Dilip Panjwani; Saturday, 26th October, 2024, 09:06 PM.

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  • Larry Bevand
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    I rarely come here...but tonight...I am enjoying my wine LOL. So this is my perspective...I was at our U.S. warehouse last week...the guy who works there is a great guy. So naturally we talked some politics...his perspective...despite all the problems that Trump has...he was good for the economy when he was in power...as a famous person said many years ago...tis the economy stupid. Now if you think I am pro Trump...you are mistaken. I have no respect for someone who lies and doesn't care about the truth...just trying to point out the thinking of many Americans .

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  • Vlad Drkulec
    replied
    Originally posted by Bob Gillanders View Post
    No thanks Sid.

    From now until election day and beyond, everything is simply propaganda. That is the only conclusion I can reach that makes any sense.

    Having been deprived of a steady diet of right-wing media, it is difficult for me to understand the thought process of MAGA voters.
    I will have to suffer thru the days ahead comforted by left-wing media comedy. Here a good sample.

    https://www.youtube.com/watch?v=vVMH...l=TheDailyShow
    Probably they do not want to live under communism and they also believe with some justification based on past experience that when a Democrat or a member of the main stream media is saying something, they are obviously and blatantly lying. Communists lie. No rational person wants to live under a government where borders are erased, criminals are released into the country and there are no consequences for crime other than for the victims. Wealth redistribution sounds great until the wealth runs out and it starts to be your wealth that is being redistributed and people are reduced to eating zoo animals.

    There is little likelihood that Trump or any of the Republican candidates of the last 64 years hold any fascistic views and yet all have been so labelled. The people who vote Democrat and think that this time they will have a different result are like the kids that keep falling for variations of the four move checkmate.

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  • Sid Belzberg
    replied
    Originally posted by Peter McKillop View Post

    I stopped watching about a minute in when Trump spewed out one of his old lies - i.e. that he was one of Oprah's last guests during the final week of her network tv show. That obnoxious piece of crap can't open his mouth without lying.

    https://www.nytimes.com/2024/09/22/u...prah-show.html
    I don't know Peter, he was on her show almost a dozen times, including one several months before her final show in 2011, and it is known that he enjoyed a cordial relationship with her in those days.
    If you want to criticize him for lying, far more serious were his repeated claims that Operation Warp Speed was a great idea or that he saved millions of lives by locking down.
    This was one of the greatest crimes in the history of humanity. However, unlike Biden/Harris, he disagreed with mandates which violate the Nuremberg code. After the massive harm that was done, Kamala Harris still only allows the vaccinated to work on her current campaign. The decision America faces is a choice between two absolute pigs as was the case in 2016.
    Given that Robert F Kennedy Junior held his nose and endorsed Trump and is one of the few politicians courageous enough to call out the truth about the vaccines despite being a lifetime Democrat, I am in favor of his pragmatism and hope, based on that, I hope Trump wins so that Kennedy can do some vital work in ensuring these crimes against humanity do not happen again.
    Good on you that you at least clicked on the video to listen.
    Last edited by Sid Belzberg; Saturday, 26th October, 2024, 11:48 AM.

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  • Peter McKillop
    replied
    Originally posted by Sid Belzberg View Post
    I stopped watching about a minute in when Trump spewed out one of his old lies - i.e. that he was one of Oprah's last guests during the final week of her network tv show. That obnoxious piece of crap can't open his mouth without lying.

    https://www.nytimes.com/2024/09/22/u...prah-show.html

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  • Sid Belzberg
    replied
    Originally posted by Bob Gillanders View Post
    No thanks Sid.

    From now until election day and beyond, everything is simply propaganda. That is the only conclusion I can reach that makes any sense.

    Having been deprived of a steady diet of right-wing media, it is difficult for me to understand the thought process of MAGA voters.
    I will have to suffer thru the days ahead comforted by left-wing media comedy. Here a good sample.

    https://www.youtube.com/watch?v=vVMH...l=TheDailyShow



    Leave a comment:


  • Pargat Perrer
    replied
    Originally posted by Bob Gillanders View Post
    No thanks Sid.

    From now until election day and beyond, everything is simply propaganda. That is the only conclusion I can reach that makes any sense.

    Having been deprived of a steady diet of right-wing media, it is difficult for me to understand the thought process of MAGA voters.
    I will have to suffer thru the days ahead comforted by left-wing media comedy. Here a good sample.

    https://www.youtube.com/watch?v=vVMH...l=TheDailyShow



    MAGA voters .... thought process???

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  • Bob Gillanders
    replied
    No thanks Sid.

    From now until election day and beyond, everything is simply propaganda. That is the only conclusion I can reach that makes any sense.

    Having been deprived of a steady diet of right-wing media, it is difficult for me to understand the thought process of MAGA voters.
    I will have to suffer thru the days ahead comforted by left-wing media comedy. Here a good sample.

    https://www.youtube.com/watch?v=vVMH...l=TheDailyShow




    Leave a comment:


  • Sid Belzberg
    replied
    Originally posted by Bob Gillanders View Post

    Polling results make no sense anymore. I have long held that sampling sizes are too small. We all know some polls are bias, and I wonder if the market is being flooded with such polls. Based on the public appearances of Trump in recent days, the momentum of Harris campaign should have continued, but we are being told the opposite. I can only conclude we are all being flooded with propoganda and not reality. I will stay with my prediction of a Harris win.

    I leave you with the latest from Jon Stewart, best political commentator of our time.


    ​​​​​​https://www.youtube.com/watch?v=-5KW...l=TheDailyShow
    Almost a "three-bagger" now for you Bob; buy for 34.8 cents and get back $1.00

    Click image for larger version

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  • Bob Gillanders
    replied
    Originally posted by Frank Dixon View Post
    With 16 days to go, the seven battleground states in the presidential election -- Pennsylvania, Michigan, North Carolina, Wisconsin, Georgia, Nevada, and Arizona -- all remain exceptionally close, within a couple of percentage points, which is within the statistical margin of error, for the sample sizes being used. The website 538.com has the most comprehensive and up-do-date polling information.

    This means the overall presidential election remains too close to call. It will likely come down to turnout levels for each of the two major candidates, in those seven states.

    No other states have tightened up enough in their polling to upset the balance. Among states possibly in this category are Texas and Florida, but it looks like Trump's leads in both states, in the range of five per cent, are holding.
    Polling results make no sense anymore. I have long held that sampling sizes are too small. We all know some polls are bias, and I wonder if the market is being flooded with such polls. Based on the public appearances of Trump in recent days, the momentum of Harris campaign should have continued, but we are being told the opposite. I can only conclude we are all being flooded with propoganda and not reality. I will stay with my prediction of a Harris win.

    I leave you with the latest from Jon Stewart, best political commentator of our time.


    ​​​​​​https://www.youtube.com/watch?v=-5KW...l=TheDailyShow

    Last edited by Bob Gillanders; Tuesday, 22nd October, 2024, 10:03 AM.

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