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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'>From:</span></b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif'> extropy-chat [mailto:extropy-chat-bounces@lists.extropy.org] <b>On Behalf Of </b>John Clark<br><b>Sent:</b> Saturday, December 05, 2015 8:42 AM<br><b>To:</b> ExI chat list <extropy-chat@lists.extropy.org><br><b>Subject:</b> Re: [ExI] [Bulk] Re: [Bulk] Religious Idiocy Triumphs Over Science Yet Again<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'>On Fri, Dec 4, 2015 at 9:46 PM, spike <<a href="mailto:spike66@att.net" target="_blank">spike66@att.net</a>> wrote:<o:p></o:p></span></p></div><div><div><div><div><div><div><div><div><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><b><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'> </span></b><o:p></o:p></p></div></div></div></div></div></div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><p class=MsoNormal>> Donald Trump: graduated from Wharton school of business, became a self-made multi-billionaire.<o:p></o:p></p></blockquote><div><p class=MsoNormal><o:p> </o:p></p></div><p class=MsoNormal><span style='font-size:13.5pt'>Self Made?<o:p></o:p></span></p><div><p class=MsoNormal><span style='font-size:13.5pt;font-family:"Arial",sans-serif'> Trump inherited at least 40<o:p></o:p></span></p></div><p class=MsoNormal><span style='font-size:13.5pt'> million<o:p></o:p></span></p><div><p class=MsoNormal><span style='font-size:13.5pt;font-family:"Arial",sans-serif'> from his daddy in 1974. Since 1974 the S&P 500 has gone up 74 fold, if he had put his inheritance into a simple S&P index fund and reinvested the dividends today it would be worth 3.4 billion.<span style='color:#1F497D'><o:p></o:p></span></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>From:<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><a href="http://www.multpl.com/s-p-500-historical-prices/table/by-year">http://www.multpl.com/s-p-500-historical-prices/table/by-year</a><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><table class=MsoNormalTable border=1 cellpadding=0 style='background:white;border:solid #D7D7D7 1.0pt'><tr><td style='border-top:none;border-left:solid #EAEAEA 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0in 9.0pt 0in 9.0pt'><p class=MsoNormal align=right style='text-align:right;line-height:300%'><span style='font-family:"inherit",serif;color:#111111'>Dec 4, 2015<o:p></o:p></span></p></td><td style='border-top:none;border-left:solid #EAEAEA 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0in 9.0pt 0in 9.0pt'><p class=MsoNormal style='line-height:300%'><span style='font-family:"inherit",serif;color:#111111'>2,091.62<o:p></o:p></span></p></td></tr></table><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><table class=MsoNormalTable border=1 cellpadding=0 style='background:white;border:solid #D7D7D7 1.0pt'><tr><td style='border-top:none;border-left:solid #EAEAEA 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0in 9.0pt 0in 9.0pt'><p class=MsoNormal align=right style='text-align:right;line-height:300%'><span style='font-family:"inherit",serif;color:#111111'>Jan 1, 1974<o:p></o:p></span></p></td><td style='border-top:none;border-left:solid #EAEAEA 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0in 9.0pt 0in 9.0pt'><p class=MsoNormal style='line-height:300%'><span style='font-family:"inherit",serif;color:#111111'>96.11<o:p></o:p></span></p></td></tr></table><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>A factor of about 22. His inherited wealth would have been about 880 million, rather than 3 to 4 billion. Beating the stock market by a factor of 4 over four decades is an impressive winning streak, incompatible with the decription world-class ignoramus. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'>Guys whose personal wealth is primarily in the form of real estate in the USA are exactly the kind we want in that office: they are unlikely to nuke anyone and would discourage congressional overspending.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri",sans-serif;color:#1F497D'><o:p> </o:p></span></p></div><div><p class=MsoNormal> <o:p></o:p></p></div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'>> <o:p></o:p></span></p></div><p class=MsoNormal>Ted Cruz: graduate of Princeton and Harvard Law School magna cum laude, 1995 world debating champion.<o:p></o:p></p></blockquote><div><p class=MsoNormal><o:p> </o:p></p></div><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'><o:p></o:p></span></p></div><p class=MsoNormal><i>"Ted Cruz was my roommate. I did not like him at all in college<o:p></o:p></i></p><div><p class=MsoNormal><i><span style='font-family:"Arial",sans-serif'>. <o:p></o:p></span></i></p></div><div><p class=MsoNormal><i><span style='color:#1F497D'>…</span></i><i><span style='font-family:"Arial",sans-serif'><o:p></o:p></span></i></p></div></div><div><div><p class=MsoNormal><span style='font-size:13.5pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.5pt'>Ja I am not claiming Ted Cruz is a pleasant person or that his college roommate likes him. I am claiming that world-class ignoramus doesn’t describe him.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.5pt'><o:p> </o:p></span></p><p class=MsoNormal> <o:p></o:p></p></div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'>> </span>Ben Carson: brain surgeon.<span style='font-family:"Arial",sans-serif;color:#1F497D'><o:p></o:p></span></p></div></blockquote><div><p class=MsoNormal><o:p> </o:p></p></div><p class=MsoNormal><span style='color:#1F497D'>>…</span><span style='font-size:13.5pt'>Ben Carson is a skilled mechanic with good manual dexterity<span style='color:#1F497D'>…<o:p></o:p></span></span></p><p class=MsoNormal><span style='font-size:13.5pt;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.5pt;color:#1F497D'>…who graduated from medical school, not exactly a gathering place for world-class ignorami. Ja, I agree Ben Carson is not qualified for this office. The voters are gradually concluding the same. We have seen the damage that can be done by electing to that office an unqualified person.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.5pt;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.5pt;color:#1F497D'>I do find it entertaining in a grim way. If we extrapolate the 2016 presidential election between the two current front runners, we will have a contest between one who can do anything she wants without legal repercussions vs one who can say anything he wants without political repercussions.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.5pt;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:13.5pt;color:#1F497D'>spike <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:13.5pt;color:#1F497D'><o:p> </o:p></span></p></div></div></div></div></body></html>