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Trumpwatch 2.0

Debate and discussion of current events and political issues across the U.S. and throughout the World. Be forewarned -- this forum is NOT for the intellectually weak or those of you with thin skins. Don't come crying to me if you become the subject of ridicule. **Board Administrator reserves the right to revoke posting privileges based on my sole discretion**
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Rate This
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Re: Trumpwatch 2.0

Unread post by Rate This »

Just saw some clips of Mike Davis who is in the running for Trumps AG saying they will try to arrest Biden and his family and also deport anyone who is an anchor baby. That would be telling us they want to deport US citizens. This thing is gonna crash and burn so fast it’s not funny.

Also anecdotal evidence companies are already working on pricing the tariffs into their 2025 business plans. One company in Pennsylvania is foregoing Christmas bonuses to instead stockpile materials now before prices skyrocket. A whole bunch of his voters are gonna find out exactly how tariffs work and get to feel the effects long before any prices on foreign goods go up at the store.
Donald Trump… In your guts you know he’s nuts.

The Resistance begins now.

This is a pro-Democracy account.

Dear America… you were warned.
bmw
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Re: Trumpwatch 2.0

Unread post by bmw »

The Dow, NASDAQ, and S&P 500 each closed at record highs yesterday, and they're up slightly this morning.

I'm up about $1600 since Trump won.

Investors aren't spooked by Trump's agenda. What do they know that everyone else doesn't? Or are they, like Trump supporters, a bunch of morons?
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Re: Trumpwatch 2.0

Unread post by Rate This »

bmw wrote: Fri Nov 08, 2024 9:59 am The Dow, NASDAQ, and S&P 500 each closed at record highs yesterday, and they're up slightly this morning.

I'm up about $1600 since Trump won.

Investors aren't spooked by Trump's agenda. What do they know that everyone else doesn't? Or are they, like Trump supporters, a bunch of morons?
Let’s at least agree on this point… the stock market is a really big casino. You’re betting something will or won’t happen. It doesn’t mean any single bet is smart and that everybody wisely did 6 months of research into all the mitigating factors involved. It is NOT a proxy for the health of the economy or what’s happening to people economically.

It’s been hitting record highs for a couple years now and is well above the peak of the first Trump Administration. The problem with that is you don’t know who is investing. It could easily be folks who support Trump buying up stocks. They could be uninformed about what tariffs will ultimately do to the economy. They could be riding a wave of relief and waiting to get out in a slightly higher position. There are a lot of possibilities that aren’t “he’s gonna make the economy have 100% of worldwide GDP so bow down to America!”

Personally I will be waiting until it crashes to jump in. And trust me it will crash before the end of his term. Obama only said “fundamental transformation” but these guys want to go back to a pre New Deal form of the US Government. Do you have any idea how big of a shock that is gonna be to the citizens of the country and every facet of American life including the economy and on an accelerated timeline before they get blown out in 2026? I mean… nobody here knows how to function within that system. Not even the whackjobs trying to establish it.

If you think everything is gonna be hunky dory when mass deportations begin you’re a moron. If you think prices won’t go through the roof and GDP will be severely hurt by a combination of that and blanket tariffs with retaliation by the other countries you’re an idiot. There is a really good reason why nobody has tried this and it has nothing to do with conspiracies to get more Democratic voters or eliminate white people. It’s because it’s fucking economically ignorant. We haven’t tried tariffs like this in almost 100 years… it’s because the last time large scale tariffs were tried was an abject failure that worsened the Great Depression not because 100 years worth of leaders from both parties were stupid.
Donald Trump… In your guts you know he’s nuts.

The Resistance begins now.

This is a pro-Democracy account.

Dear America… you were warned.
radiofann
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Re: Trumpwatch 2.0

Unread post by radiofann »

Rate This wrote: Fri Nov 08, 2024 9:05 am
audiophile wrote: Fri Nov 08, 2024 8:44 am
zzand wrote: Fri Nov 08, 2024 8:29 am An economist, not politically affiliated, said Orange man's tariffs will cost the average person an extra four thousand dollars a year. Do you have an extra four grand to spend? Most don't but his friend Elon Musk did say we will all have to suffer financially, and we will will.
You know about opinions - everyone has one. Musk said in the short run.

You actually believed those Ads you ran from Voters of These 50 States? :blink

If we drop the price of fuel(s), you'll easily get the $4k back. We're keeping much of Europe from freezing to death, that has driven the price of fuels worldwide. End Ukraine conflict, and improve domestic production, that will drop overnight.
You’re not dropping the price of gas. We can’t refine American oil into gasoline. We already produce a record amount of domestic oil and are energy independent.

The price of gasoline was never above $3 under trump, and (except for the first 4 months) was never below $3 under Harris/Biden

Price of gas and diesel went into everything, families budgets, shipping, etc
Matt
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Re: Trumpwatch 2.0

Unread post by Matt »

bmw wrote: Fri Nov 08, 2024 9:59 am The Dow, NASDAQ, and S&P 500 each closed at record highs yesterday, and they're up slightly this morning.

I'm up about $1600 since Trump won.

Investors aren't spooked by Trump's agenda. What do they know that everyone else doesn't? Or are they, like Trump supporters, a bunch of morons?
Well fuck, YOU making $1,600 is way more important than people losing rights and everyone who is not white and not male being treated as a second class citizen. Thanks for showing us the light!
Last edited by Matt on Fri Nov 08, 2024 1:12 pm, edited 1 time in total.
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Re: Trumpwatch 2.0

Unread post by Rate This »

radiofann wrote: Fri Nov 08, 2024 12:39 pm
Rate This wrote: Fri Nov 08, 2024 9:05 am
audiophile wrote: Fri Nov 08, 2024 8:44 am
zzand wrote: Fri Nov 08, 2024 8:29 am An economist, not politically affiliated, said Orange man's tariffs will cost the average person an extra four thousand dollars a year. Do you have an extra four grand to spend? Most don't but his friend Elon Musk did say we will all have to suffer financially, and we will will.
You know about opinions - everyone has one. Musk said in the short run.

You actually believed those Ads you ran from Voters of These 50 States? :blink

If we drop the price of fuel(s), you'll easily get the $4k back. We're keeping much of Europe from freezing to death, that has driven the price of fuels worldwide. End Ukraine conflict, and improve domestic production, that will drop overnight.
You’re not dropping the price of gas. We can’t refine American oil into gasoline. We already produce a record amount of domestic oil and are energy independent.

The price of gasoline was never above $3 under trump, and (except for the first 4 months) was never below $3 under Harris/Biden

Price of gas and diesel went into everything, families budgets, shipping, etc
The president doesn't dictate gas prices. The market does. There are different reasons for each scenario. OPEC cut production during the Biden Administration and we had inflation going on as an aftershock from supply chain issues during the pandemic. He's not gonna magically walk in there and get gas prices below $3 although right now they are flirting with it. Drilling even more American oil than we are now won't do it. Our refineries are not set up for refining American oil into gasoline and would require billions to retool.

You folks make it sound like he's a savior and if only all of our previous leaders were as smart as him. He's a grade A moron.
Donald Trump… In your guts you know he’s nuts.

The Resistance begins now.

This is a pro-Democracy account.

Dear America… you were warned.
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Re: Trumpwatch 2.0

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Trumps likely AG nominee Mike Davis has stated that Mark Cuban needs to be scrubbing toilets in a gulag and Letitia James will be gone after and prosecuted for crimes against rights and she deserves to be in a gulag. That same guy previously threatened the entire Biden family “except his 5 year old granddaughter” with arrest and prosecution.

He also has stated that deportations will include anchor babies. Those are also known as US citizens by virtue of being born in the United States.

Trump called for investigations today into people who started rumors he will sell some of his Truth Social stock. This thing is already careening off the rails.

Hey Beemer… defend any of this. I dare you.
Donald Trump… In your guts you know he’s nuts.

The Resistance begins now.

This is a pro-Democracy account.

Dear America… you were warned.
Motown322
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Re: Trumpwatch 2.0

Unread post by Motown322 »

The market likes stability more than anything. Numbers spike because the election isn't still hanging in the balance and nobody knows what's going to happen. I don't think it's as simple as saying Trump won = stock market gains.
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Re: Trumpwatch 2.0

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Motown322 wrote: Fri Nov 08, 2024 5:44 pm The market likes stability more than anything. Numbers spike because the election isn't still hanging in the balance and nobody knows what's going to happen. I don't think it's as simple as saying Trump won = stock market gains.
I made boatloads of more money under Biden than I did under Trump.
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Re: Trumpwatch 2.0

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Motown322 wrote: Fri Nov 08, 2024 5:44 pm The market likes stability more than anything. Numbers spike because the election isn't still hanging in the balance and nobody knows what's going to happen. I don't think it's as simple as saying Trump won = stock market gains.
Bingo. I have heard this as well. When it was being discussed they were referring to it as a “relief rally”.
Donald Trump… In your guts you know he’s nuts.

The Resistance begins now.

This is a pro-Democracy account.

Dear America… you were warned.
Motown322
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Re: Trumpwatch 2.0

Unread post by Motown322 »

Matt wrote: Fri Nov 08, 2024 5:49 pm I made boatloads of more money under Biden than I did under Trump.
So did I.
Mega Hertz
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Re: Trumpwatch 2.0

Unread post by Mega Hertz »

Motown322 wrote: Fri Nov 08, 2024 8:56 pm
Matt wrote: Fri Nov 08, 2024 5:49 pm I made boatloads of more money under Biden than I did under Trump.
So did I.
Third. Wasn't it just a few weeks ago I made mention that all the builders I work for can't get these new homes built and closed fast enough?
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Matt
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Re: Trumpwatch 2.0

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https://www.cnn.com/2024/11/08/politics ... index.html
Pentagon officials are holding informal discussions about how the Department of Defense would respond if Donald Trump issues orders to deploy active-duty troops domestically and fire large swaths of apolitical staffers, defense officials told CNN.

Trump has suggested he would be open to using active-duty forces for domestic law enforcement and mass deportations and has indicated he wants to stack the federal government with loyalists and “clean out corrupt actors” in the US national security establishment.
Perfectly fucking normal...
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bmw
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Re: Trumpwatch 2.0

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Pretty effing paranoid.
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Re: Trumpwatch 2.0

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bmw wrote: Fri Nov 08, 2024 9:14 pm Pretty effing paranoid.
We are going off what the man says. What the hell else are we supposed to do? Ask a magic 8 ball?
Donald Trump… In your guts you know he’s nuts.

The Resistance begins now.

This is a pro-Democracy account.

Dear America… you were warned.
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