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Random Chat, Thoughts, Posts, and/or Rants Thread

Kak

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Global warming heating us up?
Ok Greta. Go eat some bugs. It’s like this most summers. :rofl:

It’s called climate change now so they can blame everything on capitalism. Not just warming, but cooling and also stagnation.

I’m all for a clean environment, but climate change activists can screw off.
 
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Antifragile

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Ok Greta. Go eat some bugs. It’s like this most summers. :rofl:

It’s called climate change now so they can blame everything on capitalism. Not just warming, but cooling and also stagnation.

I’m all for a clean environment, but climate change activists can screw off.

I stand ready to post “global cooling” replies in the winter. It’s really all about timing.
 

Trevor Kuntz

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Adriene is awesome. She's a phenomenal creator.

View: https://www.youtube.com/watch?v=S0SdILS6i5Q
Never thought I would see Yoga with Adriene posted on this forum. I've always admired her business model because her videos are very straightforward and focused, anyone - beginner or advanced - can drop into just about any video with no prior knowledge and have a good experience, all of her content is evergreen for at least 10+ years, and her catalog is now deep enough that she could effectively stop making new videos if she wanted to. She started with the Youtube channel, but now has her own subscription app and well-selling merch lines with branding that is obviously hers but not conspicuously so. She has done very well to maintain her brand and maintain control of the brand and she hasn't made the mistake of many Youtubers who set themselves up needing to constantly "up" their content in order to keep viewers coming back to their channels/videos.
 
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Antifragile

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It's insane to me how the news and a little over half the political aisle act like hot weather = changing global climate and that it's irrefutable fact.

They'll even go so far as say things like "hottest in the last 20 years" or even "40 years" as if that's the kind of scale you use on Earth, supposedly billions of years old

I think arguing that we are not facing climate change is naive.

The better question is this: is it caused by human action over the past 200 years from 1st industrial revolution, to 2nd and 3rd and now 4th? Or is it part of a normal cycle. Like you said, our planet is very old, in comparison to its age, we know nothing of the cause and cannot establish models or trends to explain it. Not yet...

If it is the greenhouse gas (GHG) to blame, then there are follow up questions. Is it rational to think that billions of people will change their behaviour to reduce GHG usage at a higher cost of alternatives? The answer is clearly NO. No way, in fact. But that's not to say there isn't a solution either. In our industry, investment grade income assets are all subject to ESG. Why? It isn't regulated. What gives? There is only one answer, investor preference. Holy shit, think about it, if ESG is big enough deal for investors to vote with their money, then I'd argue entrepreneurs will handle the rest. Meaning, if investors are more willing to give money to companies that are pursuing "green" alternatives (and by the way, even Shell is doing that!) then I think we'll find solutions to GHG problem. For example, we could trap it, store it beneath the earth, turn it into other forms of energy etc.

That's assuming GHG is the main problem and we aren't experiencing a normal earth warming/cooling cycle.

Any shift towards more expensive renewable energy will hit us financially today so hard that our business would become non-competitive. The tragedy over this discussion is that if GHG is at fault for climate change, then none of us will be alive by the time catastrophic effects of climate change will be felt. There isn't enough economic incentive for most of us today to worry about it. But there is all the economic disincentive to prefer the cheaper energy.

This applies to my industry, as I mentioned, biggest players - institutional investors - respond to what is being funded. Investors and banks all focus on ESG and greener and greener buildings. Some of it is pure pragmatism, these buildings require less energy to heat and cool, have better protection against higher or lower temp and withstand earthquakes, floods etc - all better. Pragmatic reason is insurance. Older buildings are now harder to insure and cost has gone up 2 to 3x before the current inflationary pressures. Some buildings made the news because no insurance would quote them! Why? Insurance is about risk calculations. Old buildings that do not match current code if hit with bad climate events would require huge payouts to owners. It's math really. And without insurance, you cannot finance your ownership...

Call me Greta (@Kak and/or @thechosen1 ) but don't put your head in the sand, don't ignore the reality. Economic forces will continue driving our businesses. If banks stop lending to you (or charge you a premium rate) because you think there is no climate change and are not innovating for clean energy - you'll be out of business. ;)
 

Trevor Kuntz

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There is a lot of talk about legacy on this forum and thinking about what each person's legacy could/should be. I have never heard of the Youtuber, Technoblade, until today and I have never played or watched Minecraft in my life, but I will remember this video for many years of my life. I have an immense amount of respect for this father for doing this for his 23-year-old son.

View: https://www.youtube.com/watch?v=DPMluEVUqS0
 
G

Guest-5ty5s4

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I think arguing that we are not facing climate change is naive.

The better question is this: is it caused by human action over the past 200 years from 1st industrial revolution, to 2nd and 3rd and now 4th? Or is it part of a normal cycle. Like you said, our planet is very old, in comparison to its age, we know nothing of the cause and cannot establish models or trends to explain it. Not yet...

If it is the greenhouse gas (GHG) to blame, then there are follow up questions. Is it rational to think that billions of people will change their behaviour to reduce GHG usage at a higher cost of alternatives? The answer is clearly NO. No way, in fact. But that's not to say there isn't a solution either. In our industry, investment grade income assets are all subject to ESG. Why? It isn't regulated. What gives? There is only one answer, investor preference. Holy shit, think about it, if ESG is big enough deal for investors to vote with their money, then I'd argue entrepreneurs will handle the rest. Meaning, if investors are more willing to give money to companies that are pursuing "green" alternatives (and by the way, even Shell is doing that!) then I think we'll find solutions to GHG problem. For example, we could trap it, store it beneath the earth, turn it into other forms of energy etc.

That's assuming GHG is the main problem and we aren't experiencing a normal earth warming/cooling cycle.

Any shift towards more expensive renewable energy will hit us financially today so hard that our business would become non-competitive. The tragedy over this discussion is that if GHG is at fault for climate change, then none of us will be alive by the time catastrophic effects of climate change will be felt. There isn't enough economic incentive for most of us today to worry about it. But there is all the economic disincentive to prefer the cheaper energy.

This applies to my industry, as I mentioned, biggest players - institutional investors - respond to what is being funded. Investors and banks all focus on ESG and greener and greener buildings. Some of it is pure pragmatism, these buildings require less energy to heat and cool, have better protection against higher or lower temp and withstand earthquakes, floods etc - all better. Pragmatic reason is insurance. Older buildings are now harder to insure and cost has gone up 2 to 3x before the current inflationary pressures. Some buildings made the news because no insurance would quote them! Why? Insurance is about risk calculations. Old buildings that do not match current code if hit with bad climate events would require huge payouts to owners. It's math really. And without insurance, you cannot finance your ownership...

Call me Greta (@Kak and/or @thechosen1 ) but don't put your head in the sand, don't ignore the reality. Economic forces will continue driving our businesses. If banks stop lending to you (or charge you a premium rate) because you think there is no climate change and are not innovating for clean energy - you'll be out of business. ;)
Don't worry - we are going to do exactly what our customers and the market want us to do. If that means things that we think make no sense (as long as they are safe), then sure... Like designing a process that takes longer, costs more, is less efficient, all to "reduce the company's carbon footprint." Whatever. Sure. We'll do it, and it will cost a lot more than the price of the old fashioned product/process. Go crazy.

The main thing driving all this, at least in our industry, has been the government. Not the market. The market wants real stuff - dirty, fast, usable solutions. Regulators want to listen to Greta. Consumers want their car to go, and consumers want cheap plastic products. B2B customers want as little downtime as possible, or the fastest time on their project, and often the lowest price... But they are always required to follow laws. So laws trump everything, and make it all cost more.

As far as if climate change is real, I don't know. I'm just saying 20 years, 100 years, even 300 years doesn't prove it. Maybe there are like... 12 scientists who can really explain via ice tubes and tree rings what's "normal" for the earth... But millions of people get their info secondhand, ask zero questions, and just go "durrr, weather is hot, it means billions of years of climate shifting and earth destroyed"

Oh and lastly - the bank threat - big yikes. The only reason a bank should stop lending to you, is if you don't have the money to pay.

That sounds like a social / political tool of manipulation from government, not a business / economic reason to stop lending.
 
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Antifragile

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Don't worry - we are going to do exactly what our customers and the market want us to do. If that means things that we think make no sense (as long as they are safe), then sure... Like designing a process that takes longer, costs more, is less efficient, all to "reduce the company's carbon footprint." Whatever. Sure. We'll do it, and it will cost a lot more than the price of the old fashioned product/process. Go crazy.

Assuming there is GHG caused climate change, how else would you go about enacting change? It's normal to innovate on the fringes. It'll take time to reduce the cost for greener energy. Process will take longer and cost more, but most of your business will still be done the old cheaper way. That was my point, not black/white - turn off the taps and go all green. It's about gradual innovation. Because if you are right and there is no climate change to worry about, what's the downside from such innovation? Low. But if you are wrong, then your grandchildren will have to solve it faster if you don't start now.

The main thing driving all this, at least in our industry, has been the government. Not the market. The market wants real stuff - dirty, fast, usable solutions. Regulators want to listen to Greta. Consumers want their car to go, and consumers want cheap plastic products. B2B customers want as little downtime as possible, or the fastest time on their project, and often the lowest price... But they are always required to follow laws. So laws trump everything, and make it all cost more.
I'd say we are 50/50. Government in Vancouver is totally nuts with how fast they want to see ESG related change in building code etc. It's world news worthy!

But it's also institutions. In a big way. They pay premium on office space and will not even occupy it if it doesn't meet certain standards. That's market driving change.

You are partly right about consumers just wanting their car and go. But look at the most recent purchase by our own @Kak - he got a fuel efficient truck from Ford. That's exactly my point. He said "F*ck off" to higher oil/gas prices by choosing with his money, an efficient vehicle. His money now voted to design and deliver more efficient cars, not gas guzzlers. (I drive a V8 Range Rover, so I cannot make the same claim).

As far as if climate change is real, I don't know. I'm just saying 20 years, 100 years, even 300 years doesn't prove it. Maybe there are like... 12 scientists who can really explain via ice tubes and tree rings what's "normal" for the earth... But millions of people get their info secondhand, ask zero questions, and just go "durrr, weather is hot, it means billions of years of climate shifting and earth destroyed"

There are no enough of those 12 scientists producing peer reviewed work that we know there is a change. We just don't know if it is caused by GHG or occurring naturally. I don't bother worrying too much about that part. It is outside of my control. But the impact from government policies and investor preferences for the produce we develop - that's how I make my living - that matters to me.
 
G

Guest-5ty5s4

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Assuming there is GHG caused climate change, how else would you go about enacting change? It's normal to innovate on the fringes. It'll take time to reduce the cost for greener energy. Process will take longer and cost more, but most of your business will still be done the old cheaper way. That was my point, not black/white - turn off the taps and go all green. It's about gradual innovation. Because if you are right and there is no climate change to worry about, what's the downside from such innovation? Low. But if you are wrong, then your grandchildren will have to solve it faster if you don't start now.


I'd say we are 50/50. Government in Vancouver is totally nuts with how fast they want to see ESG related change in building code etc. It's world news worthy!

But it's also institutions. In a big way. They pay premium on office space and will not even occupy it if it doesn't meet certain standards. That's market driving change.

You are partly right about consumers just wanting their car and go. But look at the most recent purchase by our own @Kak - he got a fuel efficient truck from Ford. That's exactly my point. He said "F*ck off" to higher oil/gas prices by choosing with his money, an efficient vehicle. His money now voted to design and deliver more efficient cars, not gas guzzlers. (I drive a V8 Range Rover, so I cannot make the same claim).



There are no enough of those 12 scientists producing peer reviewed work that we know there is a change. We just don't know if it is caused by GHG or occurring naturally. I don't bother worrying too much about that part. It is outside of my control. But the impact from government policies and investor preferences for the produce we develop - that's how I make my living - that matters to me.
I think that's respectable.

Your industry and my (main - you know the one) industry are obviously different, and I'm a lot closer to the most controversial part of this, oil, gas, and plastics/chemicals.

I just googled "how far back do ice cores go" and the max appears to be 800,000 years. That seems woefully insufficient to me... but again... I'm not a "climate scientist." And ... I've never met one.

But there sure seem to be lots of them on Reddit!!! (Plus Greta at like, age 12!)
 

Antifragile

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Oh and lastly - the bank threat - big yikes. The only reason a bank should stop lending to you, is if you don't have the money to pay.

That sounds like a social / political tool of manipulation from government, not a business / economic reason to stop lending.
The business part of the reason is the going concern. An old company refusing to innovate is not likely to repay the debt. They won’t exist to do so. Banks price it in.
Apply it to real estate, old buildings that cannot be insured are next to impossible to finance. It’s economic reasons, not just politics.
 
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Guest-5ty5s4

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Yeah, but banks don't know or understand your business or my business - they only understand banking. As long as I have a good bank statement and I'm paying on time, they should stay out of the technicalities of my business. Because I guarantee the men and women in the bank do not know how my products or processes work.
 

Antifragile

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Yeah, but banks don't know or understand your business or my business - they only understand banking. As long as I have a good bank statement and I'm paying on time, they should stay out of the technicalities of my business. Because I guarantee the men and women in the bank do not know how my products or processes work.

Are you trying to tell me that a young MBA doesn't know your business better than you do? What nonsense! :rofl: He's read a chapter in a 1994 book (5th edition updated for 2020) on how your business should be run. He's also earning a respectable almost 6 figure salary. He knows.

I couldn't help myself...

Of course you are right. But reality isn't black and white. Bankers who lend to you will request audited financial statements, will talk to your CEO/CFO and even may visit your business. They may even ask you questions based on conversations they had with your competition. An accidentally, they may uncover something they don't like and poof, just like that... It's not enough and never has been enough, to tell a banker "trust me, I know what I am doing". Part of any business success is your ability to negotiate good terms for your loans.
 

MTF

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I swear, if I ever again see another self-help book talking about the impossible mentioning Roger Bannister's sub-four-minute mile I'll email the author and tell him he's a lazy motherfcker who should never again write books.

I don't understand how terrible cliche like this goes through editors. Whenever I see overused examples like Edison's 10,000 tries or Bannister's run I can't help but groan.
 
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Simon Angel

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This is absolutely amazing.

Wow, this is so sad. What a genius. Life never discriminates.
 

Simon Angel

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Found this in my archive of LinkedIn posts.

I may repost it but with a picture of a miner ...

View attachment 44233

There will always be more people digging to find gold than people selling shovels though.

We just have a warped perception because a lot of people on the forum are involved in service-based businesses.

More often than not, when we talk about providing value we tend to understand that as helping someone via some sort of service - whether that's web design, consulting, cleaning, fb/google ads, etc (rather than a product that solves a need).

I mean, I'm not saying we don't do the latter, but that I've noticed that more people here offer a service than a product - which I believe does not represent the average entrepreneur outside of the forum.

EDIT: I just realized how retarded the argument I put up is after considering the fact that a shovel is a product, not a service. Sorry guys, I had a few hits of the marijuanas prior to writing this.
 
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StrikingViper69

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Xeon

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Just ban guns altogether. How is you safer with a gun when everyone else also have guns?

You is safe only when you're the only one who has a gun, and others don't have it.


Based on gun lovers' logic, the solution to the above incident (and hundreds like it every year), is to give the 1-year old a gun so that she can defend herself when her brother wants to shoot her? LOL
 

loop101

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Just ban guns altogether. How is you safer with a gun when everyone else also have guns?

You is safe only when you're the only one who has a gun, and others don't have it.


Based on gun lovers' logic, the solution to the above incident (and hundreds like it every year), is to give the 1-year old a gun so that she can defend herself when her brother wants to shoot her? LOL

The difference between a nation of citizens and a nation of subjects, is gun ownership.
 
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GPM

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Or I don't know, start teaching children about guns instead of saying "guns bad, don't look in my shoe box for this loaded pistol".

I started learning about gun safety and 22s on a farm at like 8 years old.

Here are some basic rules that should be taught to every 4 year old and drilled in to them:

Always treat your gun like it is loaded, even if you just unloaded it yourself.

Never point your gun at anything you don't plan on shooting. Even if you just unloaded it.

Always be aware of what is beyond your target.

Oh, and always treat your gun like it is loaded and can go off at anytime.
 

Antifragile

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Or I don't know, start teaching children about guns instead of saying "guns bad, don't look in my shoe box for this loaded pistol".

I started learning about gun safety and 22s on a farm at like 8 years old.

Here are some basic rules that should be taught to every 4 year old and drilled in to them:

Always treat your gun like it is loaded, even if you just unloaded it yourself.

Never point your gun at anything you don't plan on shooting. Even if you just unloaded it.

Always be aware of what is beyond your target.

Oh, and always treat your gun like it is loaded and can go off at anytime.

With kids in the house, why not use a gun safe? I don’t need or want to rely on my child to prevent them from acting like a child. Think ahead.

But of course, if a car accident kills an innocent family, we should ban all cars! :troll:
 

GPM

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With kids in the house, why not use a gun safe? I don’t need or want to rely on my child to prevent them from acting like a child. Think ahead.

But of course, if a car accident kills an innocent family, we should ban all cars! :troll:
I never said don't use a safe. I said start teaching them safety about guns.

I'm 100% for gun safes, 100% for loaded firearms as self defense, and 100% for children learning about safely learning how to handle them.

Don't just tell kids what guns are, take them somewhere they can shoot a potato with them. Let them feel that power and what they can do. Drill in them that humans are like that potato and if you don't follow the rules that is what can happen to them as well.

Pandora is out of the box. We can't just say "guns bad" and pretend that they will go away through legislation. Killing is also bad and it is already illigal everywhere to kill people (unless your government tells you to go do it, then hooray rah rah patriotism).

We teach kids to respect and not play with knives. When we cut ourselves with a knife through accident we show our children what happened so that they do not do the same. Why not do that with guns? The prevailing thought, especially among anti-gunners, is to just pretend they shouldn't exist and don't talk any further about them.
 
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I never said don't use a safe. I said start teaching them safety about guns.

I'm 100% for gun safes, 100% for loaded firearms as self defense, and 100% for children learning about safely learning how to handle them.

Don't just tell kids what guns are, take them somewhere they can shoot a potato with them. Let them feel that power and what they can do. Drill in them that humans are like that potato and if you don't follow the rules that is what can happen to them as well.

Pandora is out of the box. We can't just say "guns bad" and pretend that they will go away through legislation. Killing is also bad and it is already illigal everywhere to kill people (unless your government tells you to go do it, then hooray rah rah patriotism).

We teach kids to respect and not play with knives. When we cut ourselves with a knife through accident we show our children what happened so that they do not do the same. Why not do that with guns? The prevailing thought, especially among anti-gunners, is to just pretend they shouldn't exist and don't talk any further about them.

You may be preaching to the choir.

But I don’t agree with all of what you said. I don’t think an 8 year old needs to play with handguns in your home. Guns aren’t knives. It’s easier to kill people with an accidental shot of a gun than a cut from a knife. It’s not the same.

Kids should be taught, but under supervision. When they grow up, just like driving a car, a time will come when I let my kid do the driving. And similar to a car, we all know it’ll be well before the legal age (but again, in a controlled environment).

In short, moral of the article should be: keep you gun away from your 8 year old! It’s not a toy.

Edit: typo
 
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GPM

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My 8 year olds (when they are that old) will be taking them apart, cleaning them, and storing them properly with me. They will also have shot at least 22s as well.

Of course all under supervision!!!!!!!!

This all assumes they have not been legislated further into paperweights by our loving daddy government. All hail JT and Singh!
 

WillHurtDontCare

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Aditya Gunjal

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My 8 year olds (when they are that old) will be taking them apart, cleaning them, and storing them properly with me. They will also have shot at least 22s as well.

Of course all under supervision!!!!!!!!

This all assumes they have not been legislated further into paperweights by our loving daddy government. All hail JT and Singh!
Will you please elaborate what JT and singh is?
I am asking this because these words sound indian.
 

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Will you please elaborate what JT and singh is?
I am asking this because these words sound indian.

Canadian politicians. Justin Trudeau and Jagmeet Singh.
 

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Will you please elaborate what JT and singh is?
I am asking this because these words sound indian.

He's from Canada. Just before mentioning "JT and Singh", he's talking about the government.

Since you know Singh is an Indian surname and related to the government, MOST likely Canada's government, what could the abbreviated "JT" possibly refer to?

Asking questions is fine. But asking questions without first putting in a tiny bit of reading comprehension and logic is not.
 
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Aditya Gunjal

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Maharashtra, India
He's from Canada. Just before mentioning "JT and Singh", he's talking about the government.

Since you know Singh is an Indian surname and related to the government, MOST likely Canada's government, what could the abbreviated "JT" possibly refer to?

Asking questions is fine. But asking questions without first putting in a tiny bit of reading comprehension and logic is not.
Sorry sir, but
In india gun culture is mostly seen in punjab(not being racist but singhs and jatt's). You may have heard of a rapper being killed by Russia AN91/96(siddhu moose wala also from punjab and jatt i suppose).
Because of that correlation i thought he was referring to something else.
But i will keep that in mind not to ask stupid question.
 

doster.zach

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Oct 14, 2021
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He's from Canada. Just before mentioning "JT and Singh", he's talking about the government.

Since you know Singh is an Indian surname and related to the government, MOST likely Canada's government, what could the abbreviated "JT" possibly refer to?

Asking questions is fine. But asking questions without first putting in a tiny bit of reading comprehension and logic is not.

I’m sure other people here on the forum didn’t know what GPM was talking about unless you knew he was from Canada.

Yeah googling for yourself helps but now anyone else reading the thread can easily get clarification.
 

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