[ExI] [Bulk] Re: [Bulk] Religious Idiocy Triumphs Over Science Yet Again

Sat Dec 5 18:14:13 UTC 2015

From: extropy-chat [mailto:extropy-chat-bounces at lists.extropy.org] On Behalf Of John Clark
Sent: Saturday, December 05, 2015 8:42 AM
To: ExI chat list <extropy-chat at lists.extropy.org>
Subject: Re: [ExI] [Bulk] Re: [Bulk] Religious Idiocy Triumphs Over Science Yet Again

On Fri, Dec 4, 2015 at 9:46 PM, spike <spike66 at att.net <mailto:spike66 at att.net> > wrote:

> Donald Trump: graduated from Wharton school of business, became a self-made multi-billionaire.

Self Made?

 Trump inherited at least 40

 million

 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.

From:

http://www.multpl.com/s-p-500-historical-prices/table/by-year

Dec 4, 2015

2,091.62

Jan 1, 1974

96.11

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.  

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.

> 

Ted Cruz: graduate of Princeton and Harvard Law School magna cum laude, 1995 world debating champion.

"Ted Cruz was my roommate. I did not like him at all in college

. 

…

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.

> Ben Carson: brain surgeon.

>…Ben Carson is a skilled mechanic with good manual dexterity…

…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.

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.

spike  

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