ericsrevenge76
Jesus is coming soon
Posts: 21,606
Joined: Mar 2011
Reputation: 3293
I Root For: The Kingdom
Location: The Body of Christ
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 11:39 AM)ark30inf Wrote: (05-26-2016 11:32 AM)Fitbud Wrote: (05-26-2016 11:16 AM)Bull_In_Exile Wrote: (05-26-2016 10:57 AM)Fitbud Wrote: (05-26-2016 10:44 AM)Bull_In_Exile Wrote: ummm... Warren bought the house *hoping* she could sell it for more money than she had purchased it for. She was speculating on property.
But some animals are more equal than others.
I don't have a problem with people hoping they could sell something for more money.
Where I draw the line is when people hope something happens to a family so that they can swoop in and profit off of their misery.
"I sort of hope that happens because then people like me would go in and buy," Trump said in a 2006 audiobook from Trump University, answering a question about "gloomy predictions that the real estate market is heading for a spectacular crash."
She bought a 200K plus house from someone dealing with the loss of a loved one for 30K... She is as much a vulture as the banksters.
You are still missing the point.
One person is clearly hoping that something bad will happen so that they can profit.
Another person is profiting after the fact without actually hoping that something bad happened.
You can rip off old ladies as long as you have the right emotions while doing it.
lol
|
|
05-26-2016 12:13 PM |
|
Bull_In_Exile
Eternal Pessimist
Posts: 21,809
Joined: Jun 2009
Reputation: 461
I Root For: The Underdog
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 12:08 PM)Fitbud Wrote: They might both be vultures but what Trump is doing is schadenfreude
I'm not sure you know what that means...
It's pleasure derived by someone from another person's misfortune. If you buy and take a risk it's no more or less schadenfreude if you buy knowing it's a sure thing.
Here sit the difference.... Trump is *honest* about it.
|
|
05-26-2016 12:15 PM |
|
Fitbud
Banned
Posts: 30,983
Joined: Dec 2011
I Root For: PAC 12
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 12:15 PM)Bull_In_Exile Wrote: (05-26-2016 12:08 PM)Fitbud Wrote: They might both be vultures but what Trump is doing is schadenfreude
I'm not sure you know what that means...
It's pleasure derived by someone from another person's misfortune. If you buy and take a risk it's no more or less schadenfreude if you buy knowing it's a sure thing.
Here sit the difference.... Trump is *honest* about it.
Trump was quoted as saying that he hoped for a housing collapse so he could go in and make money. If that isn't schadenfreude I don't know what is.
|
|
05-26-2016 12:18 PM |
|
Bull_In_Exile
Eternal Pessimist
Posts: 21,809
Joined: Jun 2009
Reputation: 461
I Root For: The Underdog
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 12:18 PM)Fitbud Wrote: (05-26-2016 12:15 PM)Bull_In_Exile Wrote: (05-26-2016 12:08 PM)Fitbud Wrote: They might both be vultures but what Trump is doing is schadenfreude
I'm not sure you know what that means...
It's pleasure derived by someone from another person's misfortune. If you buy and take a risk it's no more or less schadenfreude if you buy knowing it's a sure thing.
Here is the difference.... Trump is *honest* about it.
Trump was quoted as saying that he hoped for a housing collapse so he could go in and make money. If that isn't schadenfreude I don't know what is.
|
|
05-26-2016 12:38 PM |
|
WoodlandsOwl
Up in the Woods
Posts: 11,813
Joined: Jun 2005
Reputation: 115
I Root For: Rice Owls
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
As a Professor at the University of Houston Law School Elizabeth Warren taught Bankruptcy Law.
She knows how to use the system to buy foreclosures and distressed real property.
|
|
05-26-2016 05:40 PM |
|
Fitbud
Banned
Posts: 30,983
Joined: Dec 2011
I Root For: PAC 12
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
And there is nothing wrong with that.
|
|
05-26-2016 07:48 PM |
|
NIU007
Legend
Posts: 34,240
Joined: Sep 2004
Reputation: 315
I Root For: NIU, MAC
Location: Naperville, IL
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 11:39 AM)Bull_In_Exile Wrote: (05-26-2016 11:32 AM)Fitbud Wrote: (05-26-2016 11:16 AM)Bull_In_Exile Wrote: (05-26-2016 10:57 AM)Fitbud Wrote: (05-26-2016 10:44 AM)Bull_In_Exile Wrote: ummm... Warren bought the house *hoping* she could sell it for more money than she had purchased it for. She was speculating on property.
But some animals are more equal than others.
I don't have a problem with people hoping they could sell something for more money.
Where I draw the line is when people hope something happens to a family so that they can swoop in and profit off of their misery.
"I sort of hope that happens because then people like me would go in and buy," Trump said in a 2006 audiobook from Trump University, answering a question about "gloomy predictions that the real estate market is heading for a spectacular crash."
She bought a 200K plus house from someone dealing with the loss of a loved one for 30K... She is as much a vulture as the banksters.
You are still missing the point.
One person is clearly hoping that something bad will happen so that they can profit.
Another person is profiting after the fact without actually hoping that something bad happened.
One takes a risk and the other is a vulture....
The risk taker buys hoping that what they buy can be sold for more money later on..
The vulture finds a tragity that's already happened and starts to feed..
I'm assuming the issue here is that Warren was getting on Trump's case for doing the same thing she's doing? That would make her a hypocrite at least, though the actual flipping of houses by itself is fine. Of course, if she was also blaming speculators for the meltdown, and she's also speculating...
On a different tack, do you mean that my buying put options on BP stock after the Deepwater Horizon blew up makes me a vulture? Or simply a risk-taker?
|
|
05-26-2016 09:07 PM |
|
ODUsmitty
Heisman
Posts: 8,082
Joined: May 2012
Reputation: 1645
I Root For: Old Dominion
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 07:48 PM)Fitbud Wrote: And there is nothing wrong with that.
So, Trump hoping for an opportunity to make money off of distressed properties is a "financial Hate Crime" and indication of a a horrible human being while fake Indian ***** conducting the same financial transactions is somehow more noble?
This is why Hate Crime laws are so stupid. For murders, in both cases someone is dead. For the housing collapse, in both cases someone is out of a house. The reasons are immaterial. To assign Orwellian "thought police" intent criteria to either action is merely political foreplay for a targeted audience.
|
|
05-26-2016 09:12 PM |
|
Paul M
American-American
Posts: 21,196
Joined: May 2008
Reputation: 649
I Root For: OU
Location: Next to Boomer
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 09:42 AM)HeartOfDixie Wrote: She's just a joke, goofy Elizabeth Warren.
So was Trump and look at the sad place we're at now.
This is the rights first attempt at going full tard. The left is practiced at it.
(This post was last modified: 05-26-2016 09:26 PM by Paul M.)
|
|
05-26-2016 09:23 PM |
|
NIU007
Legend
Posts: 34,240
Joined: Sep 2004
Reputation: 315
I Root For: NIU, MAC
Location: Naperville, IL
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 09:12 PM)ODUsmitty Wrote: (05-26-2016 07:48 PM)Fitbud Wrote: And there is nothing wrong with that.
So, Trump hoping for an opportunity to make money off of distressed properties is a "financial Hate Crime" and indication of a a horrible human being while fake Indian ***** conducting the same financial transactions is somehow more noble?
This is why Hate Crime laws are so stupid. For murders, in both cases someone is dead. For the housing collapse, in both cases someone is out of a house. The reasons are immaterial. To assign Orwellian "thought police" intent criteria to either action is merely political foreplay for a targeted audience.
Yep, very stupid.
I don't have an issue with what either Trump or Warren did (except for the hypocrite part), unless they did something to cause the property to be cheap, obviously that would be different, but I doubt that's the case here.
|
|
05-26-2016 09:28 PM |
|
Kronke
Banned
Posts: 29,379
Joined: Apr 2010
I Root For: Arsenal / StL
Location: Missouri
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
Goofy Elizabeth is a UH alumna. I don't agree with her politics, but I can't bash her.
|
|
05-26-2016 10:30 PM |
|
usmbacker
Hall of Famer
Posts: 17,677
Joined: Nov 2003
Reputation: 1320
I Root For: Beer
Location: Margaritaville
|
‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
|
|
05-27-2016 01:34 AM |
|
JMUDunk
Rootin' fer Dukes, bud
Posts: 29,498
Joined: Jan 2013
Reputation: 1721
I Root For: Freedom
Location: Shmocation
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 09:41 AM)Fitbud Wrote: There is a difference between profiting on something that has already happened and hoping something happens so that you can profit.
There is?
Please explain.
Which is "worse" in your opinion?
Profiting off those that have been hammered, or rolling the dice and seeing if it happens again? Hmmmm.
Keep kicking those already on the curb, fitty. You're a man of the people.
|
|
05-27-2016 01:50 AM |
|
WoodlandsOwl
Up in the Woods
Posts: 11,813
Joined: Jun 2005
Reputation: 115
I Root For: Rice Owls
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 10:30 PM)Kronke Wrote: Goofy Elizabeth is a UH alumna. I don't agree with her politics, but I can't bash her.
Why not?? Obama's Lying, Spinning, Manipulating National Security Minion Ben Rhodes is a Rice Grad and I slam the guy any chance I get. Rhodes is a first class dick.
|
|
05-27-2016 05:48 AM |
|
miko33
Defender of Honesty and Integrity
Posts: 13,117
Joined: Mar 2010
Reputation: 848
I Root For: Alma Mater
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
Anyone who takes a short position on anything is hoping that he/she is correct, meaning that they hope the price drops. It's a part of our markets, this is a nonissue.
|
|
05-27-2016 06:05 AM |
|
DaSaintFan
Dum' Sutherner in Midwest!
Posts: 15,862
Joined: Mar 2010
Reputation: 402
I Root For: Southern Miss
Location: Stuck in St. Louis
|
RE: ‘Fauxchahontas’ ...
(05-26-2016 09:41 AM)Fitbud Wrote: There is a difference between profiting on something that has already happened and hoping something happens so that you can profit.
So just so I'm 100% sure, fit with this statement you're stating that the following are evil/wrong? (and who knows you may never have done just the ones I can think of)
1) Never by a adjustable rate mortgage
2) Never put your money in the stock market.
3) All gambling is bad too, so no trips to casinos, horse-tracks, or lottery tickets.
I'm sure there's probably a few I'm missing too?
(This post was last modified: 05-27-2016 10:16 AM by DaSaintFan.)
|
|
05-27-2016 10:15 AM |
|
Fitbud
Banned
Posts: 30,983
Joined: Dec 2011
I Root For: PAC 12
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-27-2016 10:15 AM)DaSaintFan Wrote: (05-26-2016 09:41 AM)Fitbud Wrote: There is a difference between profiting on something that has already happened and hoping something happens so that you can profit.
So just so I'm 100% sure, fit with this statement you're stating that the following are evil/wrong? (and who knows you may never have done just the ones I can think of)
1) Never by a adjustable rate mortgage
2) Never put your money in the stock market.
3) All gambling is bad too, so no trips to casinos, horse-tracks, or lottery tickets.
I'm sure there's probably a few I'm missing too?
Let me be clear. I'm talking about hoping for something negative to befall your fellow man.
1.Personally, I have taken advantage of adjusted interest rates, however, I did not wish bad on anyone so that I could get it.
2. I took my money out of the stock market in 2007. I was never comfortable with making money in that way. I don't generally like to make money on interest. I think it's immoral.
3. While I don't really like to gamble and I do in fact think it's a sin, I have on occasion purchased scratch off lottery tickets.
|
|
05-27-2016 10:29 AM |
|
Bull_In_Exile
Eternal Pessimist
Posts: 21,809
Joined: Jun 2009
Reputation: 461
I Root For: The Underdog
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-27-2016 06:05 AM)miko33 Wrote: Anyone who takes a short position on anything is hoping that he/she is correct, meaning that they hope the price drops. It's a part of our markets, this is a nonissue.
Yup...
If you see a news story which gives you the idea gas is going to go up tomorrow and you run out to fill your tank then you are a speculator.
|
|
05-27-2016 10:33 AM |
|
Smaug
Happnin' Dude
Posts: 61,211
Joined: Mar 2005
Reputation: 842
I Root For: Dragons
Location: The Lonely Mountain
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 09:41 AM)Fitbud Wrote: There is a difference between profiting on something that has already happened and hoping something happens so that you can profit.
Yes, one is actually profiting from it, while the other is only hoping to.
|
|
05-27-2016 06:31 PM |
|
Poorwill
Special Teams
Posts: 768
Joined: Mar 2009
Reputation: 62
I Root For: Memphis Tigers
Location:
|
RE: ‘Fauxchahontas’ Elizabeth Warren Bought Foreclosed Homes To Sell For A Quick Profit
(05-26-2016 11:32 AM)Fitbud Wrote: (05-26-2016 11:16 AM)Bull_In_Exile Wrote: (05-26-2016 10:57 AM)Fitbud Wrote: (05-26-2016 10:44 AM)Bull_In_Exile Wrote: (05-26-2016 09:41 AM)Fitbud Wrote: There is a difference between profiting on something that has already happened and hoping something happens so that you can profit.
ummm... Warren bought the house *hoping* she could sell it for more money than she had purchased it for. She was speculating on property.
But some animals are more equal than others.
I don't have a problem with people hoping they could sell something for more money.
Where I draw the line is when people hope something happens to a family so that they can swoop in and profit off of their misery.
"I sort of hope that happens because then people like me would go in and buy," Trump said in a 2006 audiobook from Trump University, answering a question about "gloomy predictions that the real estate market is heading for a spectacular crash."
She bought a 200K plus house from someone dealing with the loss of a loved one for 30K... She is as much a vulture as the banksters.
You are still missing the point.
One person is clearly hoping that something bad will happen so that they can profit.
Another person is profiting after the fact without actually hoping that something bad happened.
So, hoping is worse than acting. Thanks for clearing that up.
|
|
05-30-2016 01:29 PM |
|