All Boards => Current Events => Topic started by: Truman62 on 03 22, 18, 05:56:26:PM



Title: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: Truman62 on 03 22, 18, 05:56:26:PM
Had Obama been in power, this would be Front and Center with PLENTY of Blame on him.

Seeing as it is NOW the Frump Stock Market, he's giving it all back...

Good thing it was able to coast so high on Obama's fiscal policies,
especially since it now seems to be falling due to Frump's in-fiscal
policies, his idiocy, his greed and his complete incompetance.


https://www.msn.com/en-us/money/markets/dow-closes-down-more-than-700-points-on-trade-war-fears/

Throw in that Frump's lead lawyer just quit, and it's ANOTHER Bad
Day for Frump. 

https://www.msn.com/en-us/news/politics/john-dowd-resigns-as-trump’s-lead-lawyer-in-special-counsel-inquiry/

We have had MORE Bad Days in one year with Frump, than in 8 years with Obama!


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: Jw2 on 03 22, 18, 06:02:42:PM
Trump was recently touting the stock market as proof of his governance...

then he should take blame for a 10% drop in the market.


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: Local5th on 03 22, 18, 06:18:32:PM
Last I heard Obama owned the economy.

Did something change?
 


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: Jw2 on 03 22, 18, 06:24:26:PM
Yes, your Fuhrer started a trade war and all the free market profiteers had a hissy fit. 


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: Truman62 on 03 22, 18, 07:09:50:PM
As I have always said, anything after  a year is usually the new President's economy.

Frump has made several moves to cement this as Frump's economy.

Tax Reform, tariffs, idiocy,...

Frump has definitely quashed the Obama Economy, so we will be going back to a 20k Stock Market...

 


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: Truman62 on 03 23, 18, 01:33:22:AM
Wow, nothing...

Remember the good old days of Stock market over 26,000?

Yeah, NEVER gonna see that again with Frump in charge.

 


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: Oscar_LaVista on 03 23, 18, 07:47:13:AM
Last I heard Obama owned the economy.

Did something change?


yes, the fact trump has been in office for over a year, and it has been his first fiscal budget year since October, 2017.  That does not negate the fact that Trump was left with a vibrant economy that created a record number of consecutive monthly job growth, an unemployment rate below 5%, a stock market that had almost tripled from where Bush had left it for Obama.  But we are now in Trump land, and his tax cuts, where 80% go the richest 1%, where historically profitable corporations get a 14% tax cut, and 2 trillion more dollars is added to the public debt, is on his watch.  Sure, cutting taxes for the rich and big corporations, plus cutting regulations that protect consumers and workers and limiting lawsuit damages against corporations and cutting almost all EPA regulations help the rich and big corporations make an even large share of the income each year, make the stock market rise, but does that justify the cuts in funding for those who actually need help, and the huge increase to the federal debt?  especially when about half of the new government budget is FOR MILITARY COSTS, not infrastructure, not for improving access to health care, not for research and development, not for renewable energy?  why do we have to keep spending about half our entire budget on the military when we already spend more than the next 8 countries combined?


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: chuck_curtis on 03 23, 18, 08:52:52:AM
I feel real sorry for the 1%ers who do not have to brains to take huge profits in a very long in the tooth bull market, funded by extraordinary QE and extraordinary low interest rates.   Stay in there at your own high risk and peril.

I thank Trump for an ever improving American economy.  (http://www.aesopsretreat.com/forum/Smileys/classic/107w9oy.gif)


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: Truman62 on 03 23, 18, 10:39:05:AM
Save those thanks for later, Chuckie.

You will be able to thank him for a Stock market around 20k, inflation, stagflation, losing your job, a trade war, and wars with N Korea and Iran!

Oh yeah, and you can thank him for Trillion $$$$ deficits and $26 Trillion debt!


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: chuck_curtis on 03 23, 18, 11:05:05:AM
Right now, I am thankful to Trump for several things, especially $200 of my earnings returned to me every paycheck.  I know that commies especially hate that especially part.


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: Truman62 on 03 23, 18, 11:28:04:AM
You KNOW that $200 is borrowed, so you are just stealing it from your kids, grandkids and great grand kids!

I guess you enjoy stealing money from your kids...


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: chuck_curtis on 03 23, 18, 11:51:26:AM
Who did Obama give the grandkid's money to when he raised the debt by several trillion?  It damn sure wasn't me.


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: sine-qua-non on 03 23, 18, 01:14:59:PM
A good financial counselor will tell one “its a buyin opportunity” (http://www.aesopsretreat.com/forum/Smileys/classic/cheesy.gif)  Cha Ching (http://www.aesopsretreat.com/forum/Smileys/classic/emo_hattip.gif)


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: chuck_curtis on 03 23, 18, 01:33:33:PM
It's got to go down considerably more before it's a buying opportunity.   Buy when there is blood in the streets, like the broke poor precious metal miners that everyone thinks you are crazy to own today.   There are no bad precious metal mining companies still alive.   Only the strongest survivors remain.


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: KensanIV on 03 23, 18, 01:38:09:PM
I luv it, The D's are taking the fiscal high ground.  Bullshit lives on.    (http://www.aesopsretreat.com/forum/Smileys/classic/cry.gif)


Title: Re: And the Stock Market Felll 700 pts... ANyone...? Anyone?
Post by: sine-qua-non on 03 23, 18, 01:45:07:PM
True, it may be a buying opportunity for a few (http://www.aesopsretreat.com/forum/Smileys/classic/hattip.gif)