Sorry but I don’t think Mitch is mentally capable of speaking that number of words in under 10 minutes. He is more mentally gone than Biden.
Presidential Politics
- Thread starter TheScrantonStrangler
- Start date
You mean like people like you who believe starting a global trade war is a good thing? Completely mentally gone.
Do I have to read it three of four times to be brainwashed ?
Straight out of the Communist Chinese training manual. Three repetitions of any data is required to imprint on the brain.
Somebody, please, tell this idiot that Biden lost 5 months ago and is no longer president
This gets very little discussion in the media because it doesn’t cause fear among the sheep.
The federal government has to refinance about $10 trillion in debt this year. Driving down treasury rates by 1% will save us $100 billion a year.
Trump and Bessent know that the tariffs will cause the rates to fall allowing the refinance of this debt at much lower rates. They have already reduced the rate by about 1%.
They are killing 2 birds with 1 stone. Getting fair trade for the US and reducing our future debt interest payments.
The tariffs are bringing manufacturing back to the US while allowing us to get our government financial house back in order.
Yes, it causes temporary anxiety for people invested in the market. The market will rebound, as it always does.
The federal government has to refinance about $10 trillion in debt this year. Driving down treasury rates by 1% will save us $100 billion a year.
Trump and Bessent know that the tariffs will cause the rates to fall allowing the refinance of this debt at much lower rates. They have already reduced the rate by about 1%.
They are killing 2 birds with 1 stone. Getting fair trade for the US and reducing our future debt interest payments.
The tariffs are bringing manufacturing back to the US while allowing us to get our government financial house back in order.
Yes, it causes temporary anxiety for people invested in the market. The market will rebound, as it always does.
Thank goodness the Trump tariffs are going to generate $6 trillion in new income so that Trump can move forward with the $5 trillion tax cut for his billionaire boys club.
🙄
In Trump’s second term he has rolled back ethics rules, removed government watchdogs, and halted legal proceedings against government officials accused of corruption.
In his first term he stacked the Supreme Court. He has consistently promoted distrust of the media. He flouts the law and appeals every adverse legal judgment. He has a long history of breaking the rules.
The end goal is to avoid accountability this term
Ultimately, it will lead to decreased faith and confidence in government. It will lead to more corruption.
In his first term he stacked the Supreme Court. He has consistently promoted distrust of the media. He flouts the law and appeals every adverse legal judgment. He has a long history of breaking the rules.
The end goal is to avoid accountability this term
Ultimately, it will lead to decreased faith and confidence in government. It will lead to more corruption.
I agree.
Your willful blindness to the truth is puzzling for someone who claims to be international business.
Evidently you know next to nothing about financial markets.
Meanwhile, pintail comes up with his little cherry-picked data, comparing the 2022 losses in the market, that were the result of the many continuing global effects of the pandemic, to a two-day loss of 10 percent directly caused by a moron president imposing tariffs across the entire world. And he does so even as four years of Biden’s presidency saw three years of gains that were individually — in every single year — greater than that one-year loss. Forest for the trees. Forest for the trees, as someone likes to say.
To further his duplicitous, insane response, he says, well, you should have been smart and gotten out of the market.
So, Americans response to Trump’s policy, according to pintail’s sharp analysis, should be to pull your money out of America’s capital markets to destroy capital investment and job creation in the American economy.
He knows so much about economics and the financial markets that he just inadvertently made the greatest argument for why America will soon be in recession due to Trump’s tariff polices.
MAGA economic policy: Impose a national sales tax on imported goods; create incentives to destroy capital investment in US companies; drive cheap labor out of the country; damage research and chase away researchers at American universities that drives economic innovation. What a winning formula.
To further his duplicitous, insane response, he says, well, you should have been smart and gotten out of the market.
So, Americans response to Trump’s policy, according to pintail’s sharp analysis, should be to pull your money out of America’s capital markets to destroy capital investment and job creation in the American economy.
He knows so much about economics and the financial markets that he just inadvertently made the greatest argument for why America will soon be in recession due to Trump’s tariff polices.
MAGA economic policy: Impose a national sales tax on imported goods; create incentives to destroy capital investment in US companies; drive cheap labor out of the country; damage research and chase away researchers at American universities that drives economic innovation. What a winning formula.
"To further his duplicitous, insane response, he says, well, you should have been smart and gotten out of the market."
Basser, down deep I believe you are a pretty decent guy, you just have some misguided political beliefs that I disagree with. Giving you the benefit of the doubt I am going to share with you the most important investing advice you might ever get.
Go to a charting package, I subscribe to stockcharts.com. There is a free version that this should work on, but there are other charting packages as well.
Create a WEEKLY chart of SPY. Put a 39 week simple moving average on the chart. (It could be any equity, index, ETF, stock, does not matter, just using SPY as an example of a tradable ETF that also represents the overall market.)
When the price of SPY is above the 39 week simple moving average this indicates the market is currently on strong uptrend and it is appropriate to be invested in the market, and obviously SPY. When the price of SPY falls below the 39 week simple moving average this indicates the market has moved to a downtrend and extreme caution needs to be taken.
Take a look at the inserted chart. This bullish crossover for SPY took place about 10/30/23 and from then to the highest high moved up about 47%. Also notice that for most of December - February SPY consolidated, eventually to go higher or lower, no one knows.
However, after being up 47% since late 2023 the best bet would be some level of correction, not an immediate continuation higher. The breakdown began the week of March 3rd when the price broke below the 39 week simple moving average and for the time being a bullish market has reverted to a bearish market.
https://stockcharts.com/sc3/ui/?s=SPY&a=1807141526&p=W&yr=2&mn=2&dy=0&id=p75690459682
It is really that simple, either the price is above the 39 week simple moving average or it is not. If you don’t believe it works go back and look at this chart for the dotcom bubble crash, housing bubble crash, covid crash, and other numerous approaching 20% crashes.
Basser, down deep I believe you are a pretty decent guy, you just have some misguided political beliefs that I disagree with. Giving you the benefit of the doubt I am going to share with you the most important investing advice you might ever get.
Go to a charting package, I subscribe to stockcharts.com. There is a free version that this should work on, but there are other charting packages as well.
Create a WEEKLY chart of SPY. Put a 39 week simple moving average on the chart. (It could be any equity, index, ETF, stock, does not matter, just using SPY as an example of a tradable ETF that also represents the overall market.)
When the price of SPY is above the 39 week simple moving average this indicates the market is currently on strong uptrend and it is appropriate to be invested in the market, and obviously SPY. When the price of SPY falls below the 39 week simple moving average this indicates the market has moved to a downtrend and extreme caution needs to be taken.
Take a look at the inserted chart. This bullish crossover for SPY took place about 10/30/23 and from then to the highest high moved up about 47%. Also notice that for most of December - February SPY consolidated, eventually to go higher or lower, no one knows.
However, after being up 47% since late 2023 the best bet would be some level of correction, not an immediate continuation higher. The breakdown began the week of March 3rd when the price broke below the 39 week simple moving average and for the time being a bullish market has reverted to a bearish market.
https://stockcharts.com/sc3/ui/?s=SPY&a=1807141526&p=W&yr=2&mn=2&dy=0&id=p75690459682
It is really that simple, either the price is above the 39 week simple moving average or it is not. If you don’t believe it works go back and look at this chart for the dotcom bubble crash, housing bubble crash, covid crash, and other numerous approaching 20% crashes.
Interesting analogy.
This is exactly what the rest of the world has been doing to the US with tariffs for the past 50 years.
Your solution is the US to continue to grab our ankles and be happy about it.
Yep.
Once you leave the cult, liberals turn their hate and violence against you.
Elon Musk, Robert Kennedy, Tulsi Gabbard.
Once you leave the cult, liberals turn their hate and violence against you.
Elon Musk, Robert Kennedy, Tulsi Gabbard.
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Pintail, no one on Wall Street sees this as a correction. No one who is paying any attention at all sees this as a correction.
The market dropping 10 percent on Thursday and Friday is a direct result of Trump announcing his substantial tariffs and the world’s second largest economy responding by saying that they will respond with tariffs and direct market closures in response.
This is not normal cyclical activity, or even a dramatic non-market event affecting the market. This is a group of people who now control the largest economy in the world saying that they are — come hell or high water — going to reverse 40 years of global economic integration.
Now, could Trump fire Lutnick and Navarro and say, I was just using this as a negotiating ploy? Sure, he could. Could he use all of this to negotiate individual bilateral trade deals? Yep. He could. But that’s not what he is saying. He’s saying that he will use tariffs to raise trillions in revenue. If he sticks to that, and keeps following these nutballs’ advice, we will be in recession for a number of years.
Rationalize it all you wish. If America enters a period of trying to win a trade/tariff war, the result will be shrinking GDP here and elsewhere, for several years.
(And yes, I do appreciate the civil tone, and fully recognize that you and Ag and maybe a couple others of your political views are also decent guys.)
2 questions:
1. Did you actually listen to what he was saying? Because he was stating he was placing tariffs on Japanese semi conductors because of unfair trade practices by Japan.
2. Do you believe we have free and fair trade right now?
Because the whole talk is for free and fair trade.
The US has the most open market in the world, while every other country has double, triple, and even higher tariffs on US goods.
Trump placed tariffs on foreign countries equal to half of what is placed on US goods in the reciprocal country.
Trump wants free and fair trade.
Other than the belief that everything Orange Man does is bad, why are you against free trade?
Its April, the temperature is in the 70s. Its democrat protest season.
They are in DC calling for intifada because the US is supplying weapons to Israel and won’t allow Hamas to rape and murder more Israeli women and children.
They are in DC calling for intifada because the US is supplying weapons to Israel and won’t allow Hamas to rape and murder more Israeli women and children.
The US is far from the most open market in the world. Real data attached. Deeper dives available.
Did you read how Trump calculated the tariffs?
Here’s a link. Do some homework on Trump’s method of tariff calculation. It’s humorous.
Top 5 countries with the most open economies
With protectionism on the rise around the world, World Finance takes a look at the countries that have remained firmly committed to trade liberalisation
www.worldfinance.com
“Trump wants free and fair trade.”
Except his actions contradict your opinion.
Just like Trump couldn’t take the time to research each of the January 6 rioters actions in order to make an appropriate response. He hasn’t done the research on all the different countries and what the tariff policy should be. So he shoots from the hip and makes poor judgments.
“Trump wants free and fair trade.”
You can’t have free and fair trade if you also expect to raise trillions with tariffs.
You can’t have free and fair trade if you also expect to raise trillions with tariffs.
I hope my life never devolves to the point that I scan every post in this odyssey of a thread and leave a laugh emoji on every post that doesn’t align with my personal views. What a dismal kind of loser that it takes to dedicate time and pettiness to make that a part of their daily objectives.
But , you monitored every post to see an emoji. Congrats , you have arrove . You’re a “ progressive”. Go pick up your gold star
When someone’s intellect and compassion to the larger world is so limited that they have nothing meaningful to say, they become reduced to emojis, memes and platitudes.
I’m confused… are y’all talking about Snagglepus?
Trump administration making the white house “White” again! https://www.cnn.com/2025/04/06/us/national-parks-underground-railroad-harriet-tubman
The Sunday News shows are good entertainment. Far left “journalists” trying to be clever in their hate and attack on anything Trump.
Just to get owned with facts from far more intelligent people.
Just to get owned with facts from far more intelligent people.
US trade to Israel, as a percentage of total US exports: 0.7 percent. What other great news do you have for us Starchy?
