Market turmoil

[VitaBene]

Originally Posted by SAMIAM

Political chats usually turn ugly

Yes and not a mind will be changed!

[ITD]

Originally Posted by VitaBene

Yes and not a mind will be changed!

That is not necessarily true, some people can subjectively look at this stuff and be swayed. Others not so much. Generally those who speak in absolutes on gray areas and those whose rage you can feel seething through their posts don't want to change.


For decades now the politics coverage and discussion focus on intent, perceived intent and fluff rather than results. We need to start focusing on results. Things like revenue increases after tax cuts are genuine good results that if you think superficially don't make sense. A simple explanation is that if a tax is fair and not punitive or confiscatory in nature, it's easier for payers just to pay it rather than figuring and working ways to lessen its impact.

These are good conversations to have, unfortunately there are too many crybabies amongst us.

[Rusty]

I'll say one thing about Trump, he has more ambition than I had at 71 yrs of age.
He even wants to serve 2 terms as President which would make him almost 80.

The stock market has been good to me for over 50 years and I also started a 401k from the 1st day it started which was around 1978.

[Woody38]

I enjoy reading the posts on this thread. I never minded paying taxes because I was always earning money. Always felt for those who were not earning enough to owe taxes and more so for the unfortunates not employed or working solo.

Life is great if the body doesn't weaken. Work hard, play hard.

---------------------------------------
I am a retired workaholic and continuing aquaholic.

[Broken Glass]

I wish there was still a "like" option on this forum. I would defiantly like this post . You are so right.

Originally Posted by ITD

That is not necessarily true, some people can subjectively look at this stuff and be swayed. Others not so much. Generally those who speak in absolutes on gray areas and those whose rage you can feel seething through their posts don't want to change.


For decades now the politics coverage and discussion focus on intent, perceived intent and fluff rather than results. We need to start focusing on results. Things like revenue increases after tax cuts are genuine good results that if you think superficially don't make sense. A simple explanation is that if a tax is fair and not punitive or confiscatory in nature, it's easier for payers just to pay it rather than figuring and working ways to lessen its impact.

These are good conversations to have, unfortunately there are too many crybabies amongst us.

[MAXUM]

Originally Posted by ITD

That is not necessarily true, some people can subjectively look at this stuff and be swayed. Others not so much. Generally those who speak in absolutes on gray areas and those whose rage you can feel seething through their posts don't want to change.


For decades now the politics coverage and discussion focus on intent, perceived intent and fluff rather than results. We need to start focusing on results. Things like revenue increases after tax cuts are genuine good results that if you think superficially don't make sense. A simple explanation is that if a tax is fair and not punitive or confiscatory in nature, it's easier for payers just to pay it rather than figuring and working ways to lessen its impact.

These are good conversations to have, unfortunately there are too many crybabies amongst us.

^^ THANKS ^^

Now a days it's all about group think, find the group who thinks the way that you do and everything else is evil, toxic and to be admonished no matter what. Sadly to pile on top of this is a plethora of so called "facts" or opinion polls that are often times skewed to further a particular perception even though the true reality likely suggests otherwise. In the end we end up with a split between multiple groups of individuals - including those that are in a position to govern, consensus of any kind is never found as any capitulation is considered weakness and unacceptable unless the consequences may carry ramifications that may blink the career dissipation light for elected officials. Thus any compromise that may occur is done out of political expediency and not necessarily in the best interest of the country as a whole.

As a conservative - or maybe better put more of a libertarian, there are things going on I think are very good others I don't like. However I tend to think in the way of what is best for the country and all Americans, not necessarily what is best for me. Maybe that is because being in the military and having been sent overseas to be part of the defense of this great nation I got a chance to see things that made me really appreciate just how unique and blessed we are as a nation, but at the same time understand the reality that this country doesn't exist just because and there are plenty of suicidal maniacs out there hell bent on destroying what we cherish, our freedom and way of life. Unless or until we as a nation figure out a way to govern ourselves in a way that puts our country first, our interests (as a country and not as individuals) first, and do what is needed to defend that we are bound to fail, and there are plenty it seems that are perfectly willing to allow that to happen, if not encourage it.

So long as political hacks such as Nancy Pelosi or Mitch McConnell are left in office we're never going to get anywhere. Both are perfect examples of why term limits are so badly needed.

[Biggd]

My values have changed over 63 years on this planet. In my younger days I voted what I thought was best for me and my families financial future because of financial pressures.
My thought process has absolutely changed over the years now that I'm financially stable. I understand people make choices based on financial stress. Money is usually the #1 motivator in any endevor. When those financial burden's are lifted you tend to think more rationally.
I'm on the back 40 now so I like to think that what I do from here on in will make a difference in future generations for all of us not just the next 5 or 10 years.
Social media today has taken our society to a scary "follow the heard" level. In this new world we are being told the news affiliates that we all came to trust are reporting "fake" news and the only real news feed is Twitter.
As the OP of this thread the only reason I asked the original question is I would like to buy a waterfront property but prices are over inflated, IMO. I have a place now with water rights that I'm perfectly happy with but if prices come down I would buy a waterfront home and just rent the one I have now for income. The thread kind of went in a different direction than I anticipated and I'm sorry for that.

[noreast]

2 Great posts in a row. I will only add that many do not vote for there best interest, Not because of some higher calling, more often because of partisan blindness, They believe the BS and don't seek out the real facts.