Home › Forums › Financial Markets/Economics › The Donald Trump, Illegal Alien, Foreigner, Immigrant Bitch and Moan Thread
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June 24, 2016 at 7:07 PM #799076June 25, 2016 at 1:04 AM #799084njtosdParticipant
[quote=FlyerInHi]London is not England. They elected a Muslim mayor. London is like NYC.
Brexit is like theTrump phenomenon we have here. Ugly nativist anti-immigrant sentiment.[/quote]
Brexit aside – questioning the practical reality and costs associated with immigration does not make one, by definition, an ugly nativist anti immigration type. Almost 7% of kids K-12 in US schools have at least one parent who is undocumented. That is a significant issue and I am so tired of everyone acting like there’s a money tree somewhere that can pay for all of it. Everyone wants to be nice but there is not an endless supply of $.June 25, 2016 at 8:07 AM #799086njtosdParticipant[quote=zk][quote=FlyerInHi][quote=all]
Either way, a finger to the ruling class is likely preferred to chopped heads, by plebs and patricians alike.[/quote]The conservatives are losing control of their bases.
The business elites are now losing money because they used and enabled the pitchfork peasants.[/quote]If you intentionally make people angry and afraid, you shouldn’t expect yourself to be able to predict the outcome of their anger and fear. Especially over a long period of time. Conservatives in this country have been stoking anger and fear for decades, and they got drumpf out of the deal. I’m not sure what’s been going on in the UK, but it wouldn’t surprise me if it were basically the same thing over there (with brexit the result instead of drumpf).[/quote]
I wholeheartedly agree that conservatives employ scare tactics, but so has every political party since the beginning of time. http://www.usnews.com/news/articles/2010/08/26/2010-election-focusing-on-scare-tactics-from-both-parties
And although I hate Trump, whatever the liberals have done has resulted in Hillary as their candidate – which I don’t think is much to be proud of.
I spent a summer at the University of Warwick in England back in the late 80s. It’s a relatively new university with a very good reputation and has an emphasis on science. While I was there I was shocked at the very open expressions of prejudice delivered without a hint of embarrassment against people from India and Pakistan. As one girl said to me “They (meaning the English who were of Northern European heritage) don’t socialize with us.” And when I looked around I saw she was right. It was ironic because when I told people I was from Detroit they immediately started talking about the race problems. But I never saw the openly derogatory attitudes in Detroit that I did at Warwick.
That was 25 years ago in the Midlands (an area that delivered a strong vote to leave). You can’t blame Trump for that one – sorry. People severely underestimate the nationalism present in European countries.
June 25, 2016 at 8:10 AM #799085zkParticipant[quote=bearishgurl]
[quote=zk][quote=FlyerInHi]This what happens when news outlets like the Sun enable the pitchfork peasants.[/quote]And Trump wouldn’t be where he is without Fox et.al. encouraging America’s pitchfork peasants….
[/quote]This is another pompous statement. Fox News is on cable (and satellite) TV. One can’t get Fox News in their home in my area of SD County unless they sign up for a minimum $53.50 TV pkg (+ telecommunications tax and incl box rental) with a cable or satellite provider (just TWO providers to choose from around here). OR … spend hundreds setting up their own antenna system where they still would have a monthly fee of $15-$20. And $53.50 month presumes the customer already has high-speed internet service with that same provider! If they don’t (and just want to order TV service only), the price to get Fox News is $65-$70 month.
“Pitchfork peasants” can’t afford that expense every month. They are lucky if they have a rabbit-ear antenna which can still pick up local TV channels for free … that is, IF their local area broadcasting has not yet gone “all digital” (as it has in most areas of SD County). [/quote]
What I wrote was, “Fox et. al.” As you know, that means, “and others.” AM radio is full of right-wing propaganda, and I’d estimate that over 99% of voting-age Americans have access to AM radio. And probably the vast majority of working-class and lower-middle-class Americans have access to the internet, where they can get Fox News and, of course, all the right-wing propaganda their hearts desire.
[quote=bearishgurl]
The above comments are just another example of a broad brushstroke of the electorate painted by Piggs who are obviously wrapped up in their own fantastical delusions of how wonderful their own political views and ideologies are.[/quote]Saying that the right-wing noise machine has put Trump where he is has nothing to do with my political views or ideologies. Saying that “pitchfork peasants” put Trump where he is is just facts. “Peasant,” in this context, means “a usually uneducated person of low social status.” (Miriam Webster). Take away uneducated voters, and Trump wouldn’t be where he is today.
June 25, 2016 at 8:21 AM #799087zkParticipant[quote=njtosd]
That was 25 years ago in the Midlands (an area that delivered a strong vote to leave). You can’t blame Trump for that one – sorry. People severely underestimate the nationalism present in European countries.[/quote]
I wasn’t saying or implying that Trump had anything to do with what’s happening in England. I was drawing a parallel. I think nativism and nationalism similar to the kind that caused the rise of Trump caused the rise of Brexit voters. I agree with your views on nationalism and racism in England.
Globalism is going to continue to be a very rough adjustment for a lot of people.
June 25, 2016 at 8:56 AM #799088CoronitaParticipantBack on topic…So you folks feel gold, silver, platinum is moving higher or are we about done with the volatility?
I’m looking at platinum prices and things really haven’t taken off on platinum yet. Historically, the spread between gold and silver hasn’t been that much and there hasn’t been too many times in the past where 1 ounce of platinum is less than 1 ounce of gold…
Platinum’s industrial use (aside from jewelry) is in the catalytic converters for gasoline engines…
Palladium on the other hand is used in the emissions system of diesels, and I’m not aware of a jewelry/consumer use.
Platinium sells for about $130-140 above spot prices. But it’s also still one of those coins eligible for ebay 8% bux rebate offers, meaning if you wait, you can get them for about $100 off, or $30-40 above spot….
Gold on the other hand, you can find $20-30 above spot, but dealers have been pulling gold from the ebay bux rebate offers….Plus, I’m not convinced gold can hit $1400/ounce anytime soon.
Thoughts?
Speaking of which…
Now, if only ebay would run it’s 3x ebux offer, you could get $100 off and get this $67 below spot, which still is expensive imho.
or platinum, which usually doesn’t go on sale, but you could get $100 off from ebay
http://www.ebay.com/itm/111916532267June 25, 2016 at 10:53 AM #799090AnonymousGuest[quote=njtosd]
Brexit aside – questioning the practical reality and costs associated with immigration does not make one, by definition, an ugly nativist anti immigration type. Almost 7% of kids K-12 in US schools have at least one parent who is undocumented. That is a significant issue and I am so tired of everyone acting like there’s a money tree somewhere that can pay for all of it. Everyone wants to be nice but there is not an endless supply of $.[/quote]What’s the issue?
K-12 education is a long-term investment that society makes. Public education has historically provided huge returns.
All of American history teaches us that educating children, including the children of immigrants, has tremendous benefits for all Americans. There’s no reason why the documentation status of a child’s parents would change that outcome. Educating children in America – all children – is a win for everyone.
June 25, 2016 at 1:20 PM #799091SK in CVParticipant[quote=flu]Back on topic…So you folks feel gold, silver, platinum is moving higher or are we about done with the volatility?
I’m looking at platinum prices and things really haven’t taken off on platinum yet. Historically, the spread between gold and silver hasn’t been that much and there hasn’t been too many times in the past where 1 ounce of platinum is less than 1 ounce of gold…
Platinum’s industrial use (aside from jewelry) is in the catalytic converters for gasoline engines…
Palladium on the other hand is used in the emissions system of diesels, and I’m not aware of a jewelry/consumer use.
Platinium sells for about $130-140 above spot prices. But it’s also still one of those coins eligible for ebay 8% bux rebate offers, meaning if you wait, you can get them for about $100 off, or $30-40 above spot….
Gold on the other hand, you can find $20-30 above spot, but dealers have been pulling gold from the ebay bux rebate offers….Plus, I’m not convinced gold can hit $1400/ounce anytime soon.
Thoughts?
Speaking of which…
Now, if only ebay would run it’s 3x ebux offer, you could get $100 off and get this $67 below spot, which still is expensive imho.
or platinum, which usually doesn’t go on sale, but you could get $100 off from ebay
http://www.ebay.com/itm/111916532267%5B/quote%5DI just came home from the gym to find a 15-20lb bag of junk silver and a tray full of a couple ounces of junk gold sitting on the counter. That means my wife is thinking about going to see her guy. It’s nowhere near a significant piece of her holdings, (I think there’s about 40 similar bags of silver) but she usually sells a bit when she think its somewhere near a short term high. She’s in looking at her charts now. If she comes out with a conclusion I’ll pass it on.
Edit added: She put it all away. She not sure it’s going higher.
June 25, 2016 at 3:20 PM #799095CoronitaParticipant[quote=SK in CV][quote=flu]Back on topic…So you folks feel gold, silver, platinum is moving higher or are we about done with the volatility?
I’m looking at platinum prices and things really haven’t taken off on platinum yet. Historically, the spread between gold and silver hasn’t been that much and there hasn’t been too many times in the past where 1 ounce of platinum is less than 1 ounce of gold…
Platinum’s industrial use (aside from jewelry) is in the catalytic converters for gasoline engines…
Palladium on the other hand is used in the emissions system of diesels, and I’m not aware of a jewelry/consumer use.
Platinium sells for about $130-140 above spot prices. But it’s also still one of those coins eligible for ebay 8% bux rebate offers, meaning if you wait, you can get them for about $100 off, or $30-40 above spot….
Gold on the other hand, you can find $20-30 above spot, but dealers have been pulling gold from the ebay bux rebate offers….Plus, I’m not convinced gold can hit $1400/ounce anytime soon.
Thoughts?
Speaking of which…
Now, if only ebay would run it’s 3x ebux offer, you could get $100 off and get this $67 below spot, which still is expensive imho.
or platinum, which usually doesn’t go on sale, but you could get $100 off from ebay
http://www.ebay.com/itm/111916532267%5B/quote%5DI just came home from the gym to find a 15-20lb bag of junk silver and a tray full of a couple ounces of junk gold sitting on the counter. That means my wife is thinking about going to see her guy. It’s nowhere near a significant piece of her holdings, (I think there’s about 40 similar bags of silver) but she usually sells a bit when she think its somewhere near a short term high. She’s in looking at her charts now. If she comes out with a conclusion I’ll pass it on.
Edit added: She put it all away. She not sure it’s going higher.[/quote]
SK, if you don’t mind me asking. What do you mean by “junk” silver and gold? Are these jewelry/home furnishing items?…If so, have these actually appreciated from the time you bought them? I’m just curious how this works outside of the traditional coin/bullion….I was under the impression that most other forms of precious metals have terrible appreciation, but I don’t know anything about this.
June 25, 2016 at 3:23 PM #799096CoronitaParticipantSK, forgot to ask earlier also. What kind of put spread are you doing on VZ and T?
June 25, 2016 at 3:29 PM #799094bearishgurlParticipant[quote=harvey][quote=njtosd]
Brexit aside – questioning the practical reality and costs associated with immigration does not make one, by definition, an ugly nativist anti immigration type. Almost 7% of kids K-12 in US schools have at least one parent who is undocumented. That is a significant issue and I am so tired of everyone acting like there’s a money tree somewhere that can pay for all of it. Everyone wants to be nice but there is not an endless supply of $.[/quote]What’s the issue?
K-12 education is a long-term investment that society makes. Public education has historically provided huge returns.
All of American history teaches us that educating children, including the children of immigrants, has tremendous benefits for all Americans. There’s no reason why the documentation status of a child’s parents would change that outcome. Educating children in America – all children – is a win for everyone.[/quote]Um, harvey, we’ve been thru this before a few times on this forum. The immigration status of the parents are of little concern when tens of thousands of kids are crossing the border every day to attend public school in CA alone (very possibly as much as 40K). They’re non-residents who are taking up seats of the children of bona-fide taxpaying residents. In SD County, a portion of the seats these non-resident students are taking up (using “fake” addresses and fake “guardianship affidavits”) are in modern, well-equipped schools built with Mello Roos Bonds. The parents and other homeowners in the area who are paying these bonds (some paying over 1.5% of their assessed value just in MR bonds) are beyond livid that their local school is overflowing with border-crossing students! As they should be. See re CA:
http://www.kpbs.org/news/2016/may/19/survey-tijuana-san-diego-students-lead-increasingl/
http://www.ewa.org/blog-latino-ed-beat/students-living-mexico-cross-border-attend-us-schools
http://www.neontommy.com/news/2013/02/crossing-border-us-education
http://www.latinamericanstudies.org/immigration/unfair.htm
http://www.csmonitor.com/USA/2008/0523/p01s05-usgn.html
http://www.latinamericanstudies.org/immigration/unfair.htm
http://articles.latimes.com/1991-07-23/local/me-179_1_student-visas
Re: AZ, NM & TX:
http://kut.org/post/these-el-paso-students-travel-back-and-forth-across-border-daily-attend-school
http://www.cnn.com/2009/US/09/11/texas.border.schools/
The problem is of epidemic proportions along the southwest border of the US. However, AZ and NM do NOT have state residency requirements to attend public school there while TX and CA DO have very specific residency requirements. In CA, it is the LAW that the student must be a resident of the district and attendance area of a particular public school to be able to attend it (absent possession of a zone transfer or inter-district transfer issued to them by a CA school district (their own or another district within their own county).
This has been the “dirty little secret” here in South SD County that no one wants to talk about let alone even attempt to address, including CVESD’s and SUHSD’s public school administrators at the very top. And it is well beyond high time that this subject was placed front and center in this important election year. Tens of thousands of resident families here in South County (including my own) have watched their kids age out of the public school system over the years while it was filled to the brim the entire time our kids were attending grades K thru 12 with dozens and even hundreds of “border-crossing students” in every school …. all day, every day. Many of the students joke in secret with each other that they actually live in TJ (or beyond in MX) and make the trek to that school every day via private car or trolley/bus and ALL of our administrators and teachers full well know it and have known it for decades.
It’s easy for someone who lives 25-200 miles from the Int’l border to post self-righteous comments on this forum implying that other posters are “racist” or “nativist” whilst simultaneously flicking the flies off their own starched cuffs, lol …. Of course, the problem is not in THEIR backyard and THEIR OWN kids’ education(s) have not been noticeably impacted by this phenomenon. So it all seems so “benign” to them that “a handful of deserving Latino kids” (read: the token Latina in flu’s kid’s class that he posted here about) are receiving a US public education. The issue is NOT about race or nationality. It is about RESIDENCY, plain and simple.
Sure, a portion (20-30%?) of these daily border-crossing K-12 students are “anchor babies.” But their parents are never going to move to the attendance area of the US schools their kid(s) are (successfully) stealing seats from. Why? Because it costs 4-10x as much for housing within 10 miles north of the Int’l border than it does to live in or around Tijuana, BC. It’s never going to happen. This situation will go on until the school districts hire more residency personnel to cross reference addresses, do drive-bys on boarded up and unoccupied homes (which district students are using as their “addresses”) and step up their unannounced residency checks on ALL students who filed “guardianship affidavits” to prove residency (including inspection of bdrms and clothes closets) of addresses these students’ listed as their purported “residence” on their “guardianship affidavit.”
Just like the receipt of TANF (cash aid), a student using a “guardianship affidavit” to establish residency to attend a public school in a particular school district should be required to consent to such a search as a condition of having their affidavit accepted by the school district, IMO. A TANF recipient is not allowed to cohabitate with another wage earner whose employer has reported their wages to the state without reporting the wages of their cohabitant every month to their social worker (and have their cash aid suspended or modified, accordingly) or they could be charged with welfare fraud. By agreeing to collect TANF, they agree in writing to be subject to a random, unannounced home visit. A public school student using a guardianship affidavit to establish “residency” to attend a particular school should be forced to agree to be subject to the same scrutiny. The public education they are receiving off the backs of CA taxpayers costs $7-10K per year for each student, which is about the same amount as a US citizen parent receives in cash aid (TANF) for 1-2 kids (approx $6500 for the first kid and about half that for the second kid).
As a local K-12 public school parent for 27 years (my kids never attended any one school at the same time due to age gaps), I am in hopes that a really bright flashlight will be shone on this subject in the coming months/years … no matter WHO wins in this election. It costs these states a FORTUNE to educate this never-ending northbound flow of students. These saved billions (from no longer voluntarily educating tens of thousands foreign students in our public schools within border counties) should instead be spent on CA’s crumbling infrastructure.
June 25, 2016 at 4:05 PM #799100SK in CVParticipant[quote=flu]SK, if you don’t mind me asking. What do you mean by “junk” silver and gold? Are these jewelry/home furnishing items?…If so, have these actually appreciated from the time you bought them? I’m just curious how this works outside of the traditional coin/bullion….I was under the impression that most other forms of precious metals have terrible appreciation, but I don’t know anything about this.[/quote]
Junk silver is silver coins generally pre-1963 before they started adding copper. They’re 90% silver and sell for 90% of spot price less the dealers vig. The price per dollar stays pretty consistent across silver dollars/halves/quarters/dimes. These are all coins with no numismatic value.
Junk gold is jewelry kind of stuff with no actual jewelry value and they sell at spot price, adjusted for purity, less dealer vig.
None of the jewelry was bought for investment. At least by her. My wife’s late father was sort of an eccentric guy and he started buying metal in the early 60’s, maybe earlier. He had swiss bank accounts and safe deposit boxes at least as far back as ’67. He bought and sold businesses around the world and on most every trip he’d bring back gold jewelry for his wife and daughter (my wife). So she has what seems like an unlimited supply of gold chains, rings, pins, etc. So at least some of that was bought when gold was $35/oz.
Both junk silver and junk gold move the same way as spot gold and silver price. As I said a few weeks ago, to unload this stuff you have to have a dealer that doesn’t take too big a cut. The guy my wife (and occasionally I) deals with has a store that says “we buy gold”. It’s just one of those guys she’s built a relationship with. I don’t know exactly how he disposes of it, but I’m sure he’s doing something with gold and silver futures on a daily basis. I know he has at least a ton of silver on display in inventory. I’m guessing he lays off the gold as quickly as possible, though he has an inventory of at least 1000 gold coins. It’s an expensive business to be in.
June 25, 2016 at 4:14 PM #799101carliParticipant[quote=bearishgurl] It costs these states a FORTUNE to educate this never-ending northbound flow of students. These saved billions (from no longer voluntarily educating tens of thousands foreign students in our public schools within border counties) should instead be spent on CA’s crumbling infrastructure.[/quote]
I’m more interested in the original topic of this thread but noticed BG is appearing again to re-ignite her rant about children of immigrants. BG, I was hoping you’d finally bring data this time, but sad to see it’s just more false claims and fear-mongering. 🙁
All those media links you provided do not do your point justice. Did you read them? Did you really mean to post an article about immigration from 1991…do you realize how dramatically the facts and issues surrounding immigration have changed since then? I didn’t have the patience to click on every one, but the articles you posted about CA do not prove your point at all. The only thing those articles provide is a restatement of the issue we know exists – kids come over the border every day to get an education. Did you mean to do that, because the issue I was hoping you’d finally prove is not that it happens (duh) but how many of these children are not residents of the U.S. and/or what is the impact to our economy?
Several of those articles state many are U.S. citizens and live in both SD and TJ. So where are your numbers? Where is the evidence that we would save “billions” and a “fortune” if we didn’t educate the kids crossing back and forth between border communities? You’re not citing any facts, just your own opinions, apparently meant to stir up anger and resentment.
The last time you were griping about this, you wrote these kids are somehow requiring us to operate at least 25% more schools in South County and costing 25% more in teacher and administrator salaries. In response, I cited the 2010 USC study (http://dornsife.usc.edu/assets/sites/731/docs/chirla_v10_small.pdf) showing that actually only 13% of California’s children are those of undocumented Latino immigrants. To that, I got deafening silence. Unfortunately, you never responded. So where did your 25% come from? I’m genuinely interested and am still waiting. As you may recall, the USC study’s other point was that it found undocumented Latino immigrants are contributing $2.2 billion in cheap labor to our local economy. That seems to be the opposite of your most recent claim that their kids cost us a “FORTUNE” or “billions.”
I’m sure you’ve noticed the motto of Rich’s Piggington forum listed at the bottom of the page, “In God We Trust. Everyone Else Bring Data.” I believe you and I fall under the “Everyone Else” category. 🙂
June 25, 2016 at 4:15 PM #799102SK in CVParticipant[quote=flu]SK, forgot to ask earlier also. What kind of put spread are you doing on VZ and T?[/quote]
On T, I think I sold a put at $40 and bought a put at $35, and took in about $1 premium. Options are quoted as a single share but trade on a 100 share contract, so I took in about $100. (Actually 2, since I sold/bought 2 contracts) My max risk is the difference between the two or $500. If the stock falls below $40, it can be put to me, and I just ended up buying T for $39/sh. With its current dividend, I wouldn’t mind owning it at $39. VZ was similar, I think the strikes were $52/47 and I didn’t take in quite a buck. That was right at the open when vol was really high. If the bottom falls out, i’m out $500. If nothing happens, I keep my premium. If it falls a few bucks, i’m in at $51 and change.
June 25, 2016 at 4:50 PM #799103bearishgurlParticipant[quote=carli]. . . I’m sure you’ve noticed the motto of Rich’s Piggington forum listed at the bottom of the page, “In God We Trust. Everyone Else Bring Data.” I believe you and I fall under the “Everyone Else” category. :-)[/quote]carli, I have been out of town all week. I DID post links but you failed to read the links (especially the CA links) and watch the videos. The kids themselves interviewed in the links I provided stated that there is an underground network at their SD South County school where they try to alert each other if any of the other border crossing student’s residency is questioned by their school (usually triggered by poor attendance and punctuality, falling asleep in class, etc). In one link, the protagonist clearly stated that he “thought” there were 100 students at his (Chula Vista) high school who reside in MX (likely a lower estimate than reality) and that he had to camp on the floor of his “aunt’s” house for a month when he was tipped off by a fellow border-crossing student that he might have a home visit from the school to inquire about his residency. (This is not uncommon, btw). My OWN kids have even told me numerous times over the years that dozens of their classmates admitted to them that they live in MX! Even when they were in elementary school and I asked, “why don’t you invite xyz to your birthday party,” they would respond, “Oh, he/she lives in TJ and won’t be able to come.”
SUHSD administrators admitted in one link that I provided here that they had no way of verifying the information given to them by prospective or continuing students’ parent (or adults pretending to be parents) and had to depend on the addresses and “guardianship affidavits” filed to establish residency as being the truth.
The reason I posted links as old as 25 years here is because I wanted to emphasize how long this charade has actually been going on! (It’s actually been going on as far back as I remember but it is much more “lucrative” today for a MX student to attend school in the US because the differences in the quality between the public schools in the two countries is markedly greater now than it was in the ’70’s and ’80’s.) In any case, most of the links I posted were from the last four years.
You’re another one who needs to flick the flies off your starched cuffs from your lofty seat in your NIMBY tower (30+ miles away from the int’l border?) and put on your glasses. I brought data. I ALWAYS bring data. I have had hundreds of folders of bookmarks FULL of data for YEARS in one of my browsers. If you choose not to READ, WATCH and LEARN, that’s on YOU!
Just like with the serious problems CA residents have with Covered CA and Medi-Cal under the ACA and the dozens of links I furnished for your information on that thread, you don’t and didn’t read any of them because you really don’t want to know. Why?? Because these issues don’t affect YOU or YOUR kids. Plain and simple.
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