David Icke from 1996....should sound rather familiar...

[Toddsterpatriot]

I did own a business for 30 yrs and know how to use a loss to increase profit,,

I think thats what trump slammed hilary for in their debates,,,

If you lose $10 million a year for 10 years, what's your profit?

 

[progressive hunter]

If you lose $10 million a year for 10 years, what's your profit?

when your business has a 100 billion dollar revenue stream you could make more than 10 back depending on how you file taxs and calculate loss,,,


but you could be right and the banks went in knowing they were going to lose 100% of their investments,,

casinos do it all the time,,,

 

[Toddsterpatriot]

when your business has a 100 billion dollar revenue stream you could make more than 10 back depending on how you file taxs and calculate loss,,,


but you could be right and the banks went in knowing they were going to lose 100% of their investments,,

casinos do it all the time,,,

We're not talking about a revenue stream.

in the banking and the business world a loss is just another profit since it deductible,,

If you lose $10 million a year for 10 years, what's your profit?

 

[progressive hunter]

We're not talking about a revenue stream.

in the banking and the business world a loss is just another profit since it deductible,,

If you lose $10 million a year for 10 years, what's your profit?

of course we are,, thats what determines how and what your losses and gains are,,,

we arent talking about personal loans,,,

 

[Toddsterpatriot]

of course we are,, thats what determines how and what your losses and gains are,,,

we arent talking about personal loans,,,

of course we are,,

Of course we aren't.

thats what determines how and what your losses and gains are,

Losses have already been determined.

we arent talking about personal loans,,,

We're talking about losses. And your claim that a loss is just another profit.

If you lose $10 million a year for 10 years, what's your profit?

 

[progressive hunter]

of course we are,,

Of course we aren't.

thats what determines how and what your losses and gains are,

Losses have already been determined.

we arent talking about personal loans,,,

We're talking about losses. And your claim that a loss is just another profit.

If you lose $10 million a year for 10 years, what's your profit?

your profit would be based on total business and revenue stream and how you file taxs for it,,,

trumps been attacked for yrs for doing the exact same thing,,

I think the problem is youre either dumber than a box of rocks or lying,,

I will give you the benefit of the doubt and say youre lying,,,

 

[Toddsterpatriot]

your profit would be based on total business and revenue stream and how you file taxs for it,,,

trumps been attacked for yrs for doing the exact same thing,,

I think the problem is youre either dumber than a box of rocks or lying,,

I will give you the benefit of the doubt and say youre lying,,,

your profit would be based on total business and revenue stream and how you file taxs for it,,,

I already told you, I lost $10 million a year for 10 years, what's my profit?

I think the problem is youre either dumber than a box of rocks or lying,,

If you can't back up your claim that a loss is just another profit, just say so.

You rethought your claim and realized your error.

 

[progressive hunter]

your profit would be based on total business and revenue stream and how you file taxs for it,,,

I already told you, I lost $10 million a year for 10 years, what's my profit?

I think the problem is youre either dumber than a box of rocks or lying,,

If you can't back up your claim that a loss is just another profit, just say so.

You rethought your claim and realized your error.

if you would like to tell me the rest of what occurred in your business like total revenue during that time and other deductions that would be considered I would be happy to try and come up with some number,,

 

[Toddsterpatriot]

if you would like to tell me the rest of what occurred in your business like total revenue during that time and other deductions that would be considered I would be happy to try and come up with some number,,

My total revenue was $1 billion per year.
Including all my deductions, I lost $10 million.
I repeated that performance for 10 years.

What was my total profit over those 10 years?

 

[progressive hunter]

My total revenue was $1 billion per year.
Including all my deductions, I lost $10 million.
I repeated that performance for 10 years.

What was my total profit over those 10 years?

deductions are deducted not included,,

of course it would vary depending on how your company is structured,,

but your tax burden would be reduced by half or less,, or if youre me or donald trump that uses all deductions it could be 100%

less in taxs means more in profits,,

but then again you could be right and they are shitting bankers and loaned money they knew for a fact they would never get back,,

 

[Toddsterpatriot]

deductions are deducted not included,,

of course it would vary depending on how your company is structured,,

but your tax burden would be reduced by half or less,, or if youre me or donald trump that uses all deductions it could be 100%

less in taxs means more in profits,,

but then again you could be right and they are shitting bankers and loaned money they knew for a fact they would never get back,,

deductions are deducted not included,,

The deductions were all deducted and the losses were $10 million a year for 10 years.

What's my total profit?

less in taxs means more in profits,,

Losses mean no profits.

Are you going to answer the question?

 

[progressive hunter]

deductions are deducted not included,,

The deductions were all deducted and the losses were $10 million a year for 10 years.

What's my total profit?

less in taxs means more in profits,,

Losses mean no profits.

Are you going to answer the question?

you got me,,

I agree with you and those banks loaned money they knew for a fact they would never get it back or profit from,,

what was I thinking,,,

 

[Toddsterpatriot]

those banks loaned money they knew for a fact they would never get it back

You're lying.

Still sticking with your claim, "in the banking and the business world a loss is just another profit since it deductible"?

Or were you talking out of your ass?

 

[progressive hunter]

You're lying.

Still sticking with your claim, "in the banking and the business world a loss is just another profit since it deductible"?

Or were you talking out of your ass?

it has everytime I've done it,, and its legal,,

why is it the dems and repubes refuse to change the tax code??

from what I hear other countries are even easier,,

 

[Toddsterpatriot]

it has everytime I've done it,, and its legal,,

why is it the dems and repubes refuse to change the tax code??

from what I hear other countries are even easier,,

it has everytime I've done it,, and its legal,,

Deducting a loss is legal. That doesn't turn a loss into a profit.

Glad to see you admit were talking out of your ass.

 

[progressive hunter]

You're lying.

Still sticking with your claim, "in the banking and the business world a loss is just another profit since it deductible"?

Or were you talking out of your ass?

I do have to call you out for your word games,,

you went to yr end losses when the discussion is about a single loss in one transaction during the yr,,

put your way it changes the whole context of the discussion,,

 

[progressive hunter]

it has everytime I've done it,, and its legal,,

Deducting a loss is legal. That doesn't turn a loss into a profit.

Glad to see you admit were talking out of your ass.

it does when you use it at the end of the yr as a deduction,,

but youre right,,
the bank loaned money they knew they would never be paid back or profit from,,

 

[Toddsterpatriot]

I do have to call you out for your word games,,

you went to yr end losses when the discussion is about a single loss in one transaction during the yr,,

put your way it changes the whole context of the discussion,,

If there is any way you can justify your claim, do it already.

Your tap dancing is exhausting.

 

[Toddsterpatriot]

it does when you use it at the end of the yr as a deduction,,

but youre right,,
the bank loaned money they knew they would never be paid back or profit from,,

it does when you use it at the end of the yr as a deduction,,

Deduct it all you want. Doesn't turn a loss into a profit.

the bank loaned money they knew they would never be paid back or profit from,,

Your lie was a lie the first time, no need to repeat yourself.

 

[Oddball]

Loan $1 billion to the winners, $1 billion to the losers.

Looks like you lost 50%. Why is the "big payday" going
to make up for that?

Who builds the next generation?....Where do the brains of the operations like Von Braun end up?

For a dude so plugged into the world of high finance, you sure can play obtuse when it serves the moment.