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Is the Trump Economy Good for Poker? Is the Trump Economy Good for Poker?

02-04-2018 , 09:11 PM
maybe it would be more clear if he had an ayn rand avatar.
02-04-2018 , 10:23 PM
Quote:
Originally Posted by ScreaminAsian
The Future Of Online Gambling Under Attorney General Jeff Sessions
Graham: About the Wire Act, what’s your view of the Obama administration’s interpretation of the Wire Act, to allow online video poker, gambling?

Sessions: Senator, I was shocked at the memorandum, I guess the enforcement memorandum, that the Department of Justice issued, with regard to the Wire Act, and criticized it. Apparently there is some justification or argument that can be made to support the Department of Justice’s position. But I did oppose it when it happened, and it seemed to me to be unusual…

Graham: Would you revisit it?

Sessions: I would revisit it, and I would make a decision about it based on careful study, and I haven’t gone that far, to give you an opinion today.

tax cuts for multimillionaires + promises of ethnic cleansing for uneducated racist white people = the trump economy
Hi Screaming:

I agree that Sessions is not good for Internet poker, but Holder was also bad, and unlike Sessions who hasn’t done anything, Holder did a lot of damage. Also, it seems like there are other issues which are much more important for Sessions to pay attention to than Internet poker.

Mason
02-04-2018 , 10:31 PM
Quote:
Originally Posted by goofyballer
Mason,

The Obama economy turned around a disastrous recession and brought unemployment back to low levels and the stock market to record highs.

It also didn't make you hate Obama/Democrats any less. So why should any of us give a **** about your transparent trolling in the above quote?
Capitalism always seems to have the ability to make a comeback.

If you look at the Great depression of the 1930s, it was far worse in the United States than Europe. I wonder why that was the case.

Also, it's my opinion that the main reason the Obama economy started to do better was the low interest rates which Obama had little to do with.
Mason
02-04-2018 , 10:33 PM
Quote:
Originally Posted by cuserounder
Mason makes the mistake of assuming that all we care about is our own financial well-being. Trump supporters seem to be entirely motivated by self-interest, and completely lacking of empathy.

I wouldn't want a 10% raise or 20% raise when the trade off is poor people dying from a lack of healthcare, DREAMers being deported, numerous races being insulted by a racist president, and on and on. There are a lot of things worth more to me than money, and not all of them have to do with me.

Beyond that, the "Trump Economy" is going to be whatever is the result of rampant deregulation and tax cuts for the wealthy. It will very likely lead to a big recession. Hopefully not, but it's likely.
You're making an assumption about me which you know nothing about. All I'm addressing is poker over the next few years (at most), nothing else.

Mason
02-04-2018 , 10:33 PM
Quote:
Originally Posted by Mason Malmuth
Hi Screaming:

I agree that Sessions is not good for Internet poker, but Holder was also bad, and unlike Sessions who hasn’t done anything, Holder did a lot of damage. Also, it seems like there are other issues which are much more important for Sessions to pay attention to than Internet poker.

Mason
you think Holder was wrong to enforce the laws regarding federal bank fraud? what specifically did he do that you dislike?

i dislike that jeff sessions said under oath he will revisit the doj decision allowing states to license online poker.
02-04-2018 , 10:36 PM
Quote:
Originally Posted by GermanGuy
Insofar as the „Trump economy“ is a continuance of the economic growth of the „Obama economy“ there should also be growth for poker.
What I don’t understand is why Mason touts this as unprecedented growth opportunities and then seems to take that back by calling it an exaggeration.
That part just reads like „LOL, just trolling guys“. Perfect OP for the derail it got.
The answer is the growth rate of the economy under Obama never did much better than 2 percent. The economic recovery under Reagan, which featured a different set of policies was much higher.

Mason
02-04-2018 , 10:37 PM
Mason, you have 10k posts on this forum. People have read most of those posts. Who do you think you're fooling? You're just a democratic midterm majority away from another meltdown and banning more posters.
02-04-2018 , 10:40 PM
the uigea, which was republican concocted republican supported legislation, is the reason full tilt poker and pokerstars began committing bank fraud and mislabeling poker transactions as "golf balls" and other fake items. if it were not for the uigea, those sites wouldn't have resorted to committing flagrant bank fraud to the tune of billions of dollars out in the open. your ideal government would let that slide because _________.

the fbi investigation began in 07, so the fbi hands you a slam dunk case of obvious bank fraud for billions of dollars. you would have them sit on it because ______.
02-04-2018 , 10:42 PM
Quote:
Originally Posted by Mason Malmuth
All I'm addressing is poker over the next few years (at most), nothing else.
No, that's blatantly false. Let's go back to your article you're so proud of:

Quote:
On our website, we have many posters who literally hate President Donald Trump. But from a poker perspective ...

So for all you poker playing Trump haters out there, my advice is to think again.
You don't just want us to think Trump is good for poker. You want us to reconsider what we think about him, disgusting racist piece of **** that he is, because of poker, as if poker could possibly forgive all of his massive flaws, as you appear to have done.

Not happening.
02-04-2018 , 10:43 PM
Absolutely amazing. Bill First and a Republican Congress effectively ban online poker, signed into law by Republican President GWB, and he's in here ranting about Eric Holder. Incredible. Garden variety deplorable.
02-04-2018 , 10:44 PM
Quote:
Originally Posted by aoFrantic
Well, what would you expect from a deplorable who falls for every GOP talking point? Mason is not a good dude.

Would also love a citation for an increase in salaries happening, from the same dude who was INCENSED at have to give his employees healthcare and is against a living minimum wage.
Mason, did you forget you're against all these things that would make people's lives better and give them much more disposable income? How do you square this?
Well let's see. Years ago, mainly because of the poker boom, where we had to hire a couple of employees, I gave them the choice to be either paid more or get health insurance. They all wanted to be paid more.

Also, during the boom years, our employees each got a 5 percent end of year bonus which we were under no obligation to give. In addition, since we were selling more books than we anticipated, we raised our royalty rates. And since you're really nosy, at the end of 2017, we gave one of our authors a one time royalty bonus since the sales of his books (in 2017) were much better than we anticipated and again we were under no obligation to do this.

You don't have to agree with what I write, and these forums are about vigorous debate, but don't make up facts about me when you have no knowledge of what you're talking about.

Mason
02-04-2018 , 10:50 PM
Quote:
Originally Posted by Mason Malmuth
Also, during the boom years, our employees each got a 5 percent end of year bonus which we were under no obligation to give. In addition, since we were selling more books than we anticipated, we raised our royalty rates.
Sounds like the Obama Economy wasn't all that bad for your business?
02-04-2018 , 10:51 PM
Quote:
Originally Posted by ScreaminAsian
if i were to start a gimmick account to troll mason while technically giving him positive responses but with the purpose of shocking moderate republicans into opening their eyes to what trumpism is, i wouldn't have gone as hard and as fast as IneedpaidFF. great job, really, you're confirming everything i believe about trump supporters.

mason, if you're reading this:
the hate people feel toward donald trump isn't baseless. he earns every bit of it, and it's frankly amazing that he's not hated way more. i don't blame you for advocating the government pay you millions of dollars with no expectations from you in return, but please recognize the people you're politically empowering are openly advocating ethnic cleansing on your book publication messageboard, and those same people want our mutual friend david sklansky to know that they know he's jewish and that they know where he lives, and that they're not above ****ing his **** up. donald trump empowers these racists and antisemites and that's why he's hated by many and loved by some. it's not the economy, stupid.
I understand that a lot of people hate Trump. But I was talking about the economy under Trump relative to its affect on poker.

Also, your statement of "i don't blame you for advocating the government pay you millions of dollars with no expectations from you in return" is totally insane. Where did that come from?

MM
02-04-2018 , 10:52 PM
Kind of a ****ty choice imo
02-04-2018 , 10:54 PM
If an amateur won the one drop against a table of pros there would be another poker boom.

It could happen...right now poker is dying with everyone,especially online,being quite skilled.
02-04-2018 , 10:57 PM
Quote:
Originally Posted by tomdemaine
Stock market dividends
Corporate profits
Executive salaries
I get no salary from 2+2. If the company was to lose money, I would lose money. But salaries and royalties would still get paid.

Mason
02-04-2018 , 11:04 PM
Quote:
Originally Posted by Mason Malmuth
I understand that a lot of people hate Trump. But I was talking about the economy under Trump relative to its affect on poker.
so you agree racism = trump and a lot of people hate racism. but you want to specifically talk about institutionalizing and normalizing racism with regard to poker. i see. i think it's bad. 20% of 10% and then of course you factor in 5%. it's bad any way you cut it.

Quote:
Also, your statement of "i don't blame you for advocating the government pay you millions of dollars with no expectations from you in return" is totally insane. Where did that come from?

MM
you own a multimillion dollar company that got its taxes cut in half because of a tax law which was trump's only contribution to the obama economy. are you claiming, as the president does, that you're losing money on the new tax scheme?
02-04-2018 , 11:05 PM
Quote:
Originally Posted by ScreaminAsian
think about all the unnecessary regulations imposed on gambling book publishers. you can't even say your books will 100% guarantee financial success because DEMOCRATS want a court to decide if it's "criminally misleading". that's not up to them! that's up to me, the capitalist, rightful king to all americans.
But there are regulations on our printer where costs get passed back to us. As extreme example, we use something called PUR glue.

We recommended this glue to all our foreign language publishers but our German counterpart told us that due to regulations they could not use it.

On our side, a number of years ago due to regulations having to deal with managed forests, we had to switch to a more expensive paper for our books.

Mason
02-04-2018 , 11:08 PM
it's a shame you're not allowed to pass off the cheapest possible product that was probably banned for a reason
02-04-2018 , 11:22 PM
Quote:
Originally Posted by UsedToBeGood
Mason is obsessed with external factors helping his income, which I understand. It must be difficult to think back on the poker boom and how 2p2, despite having incredibly high traffic and being a top poker website, managed to miss out on millions upon millions of dollars by focusing on occasional obscure and niche Sklansky $30 poker books instead of being an affiliate for the poker websites. Mason was ranting on "Obummer" while Cardplayer was literally drowning in FTP affiliate money. So Mason has a strong rejection of his own ability to bootstrap regardless of government, and he must rely on someone else to help him. Obviously, we all know Mason's not rich enough for Trump's policies to really help him, but he's bought into the cult of personality.
I find it amazing as to "facts" being stated about us which are totally inaccurate. The reason we didn't accept affiliate ads during the time period when they were very profitable was that our legal advice was to not to accept them.

Obviously you have no understanding of this. But affiliate ads were considered to be in a grey area from a legal standpoint, and since we were the largest website of its type, it was the opinion of our legal team that an aggressive district attorney would go after us much quicker than he would go after any other website.

By the way, I don't ever remember "ranting" on Obama, when did that happen?

Mason
02-04-2018 , 11:22 PM
The most tilting part of this thread is definitely when Mason switches it up and signs off with MM instead of Mason. Learn how to forum?
02-04-2018 , 11:26 PM
Quote:
Originally Posted by chuckleslovakian
Republicans were the ****ing ones responsible for tacking on uigea to a port security act guaranteeing online poker would get the ax. Republicans.
This is true. But it was Democrats who initiated Black Friday.

But so what. My commentary doesn't address either of these issues.

Mason
02-04-2018 , 11:26 PM
Quote:
Originally Posted by uke_master
Mason, would you consider publishing a response article?
Can you address this?
02-04-2018 , 11:30 PM
Quote:
Originally Posted by Jbrochu
Remember when Mason wouldn't support the PPA and had an epic meltdown because their symbol looked liked the soviet sickle? And now he's licking the jackboots of a soviet stooge in the name of capitalism.
I also remember having private conversations that you don't know about with the top people at PokerStars to make changes in the PPA so that all poker players could support it, and those changes were done.

As for the bad symbol, the PPA immediately agreed that it was bad and eliminated it.

MM
02-04-2018 , 11:30 PM
2+2 was in a dominant position to capitalize on the poker boom and completely blew it.

Mason, I'm not really sure how to say this nicely, but your narrative that Democrats have been bad for your business is wholly unsupportable. Your support for Donald Trump makes it close to impossible you aren't a bad person.

      
m