@cd329 In reality trump taking credit for the historic surge in the markets today sort of like the fire bug taking credit for putting out the fire he started?
No doubt of that. Trump would take full credit for public safety if multiple cat 4+ twisters across 5 states didn't kill anyone.
Quote Originally Posted by joe pockets:
@cd329 In reality trump taking credit for the historic surge in the markets today sort of like the fire bug taking credit for putting out the fire he started?
No doubt of that. Trump would take full credit for public safety if multiple cat 4+ twisters across 5 states didn't kill anyone.
Mob boss Trump wants to restore corrupt tariffs of the 19th century to enrich himself. Past governments manipulate markets for political gain. Companies competed on political connection instead of product quality and price. Bribes and backroom deals in exchange for lower tariffs. This later lead to 16th amendment and federal income tax as a revenue source.
Mob boss Trump wants to restore corrupt tariffs of the 19th century to enrich himself. Past governments manipulate markets for political gain. Companies competed on political connection instead of product quality and price. Bribes and backroom deals in exchange for lower tariffs. This later lead to 16th amendment and federal income tax as a revenue source.
@Midnight1 He has to be stopped! I see you state this often....what is you "plan" for this happening? midterms aren't for another 18 months. Flip the House and we are looking at another impeachment. BUT, that is still almost 2 years away. So how can he be "stopped" I wonder....?
1st of all, Congress needs to take back the power they gave away. Secondly, billionaires, law firms, networks, the media etc need to stop kissing his ass. Government agency heads that he's trying to dismantle need to come forward & expose the illegal methods & access to confidential information of American citizens that have been abused. Congress needs to stop confirming no-nothing wannabees that are nothing but puppets. The checks/balance that are in place need to be exercised. We are protected by the 1st Amendment & people cannot be hesitant to expose the corruption, special deals, threats, accusations without proof, withholding of Congress approved funding & destruction of aid provided to Americans & our allies abroad. His market manipulations need to be inspected & action taken. His division by race, gender & class needs to be magnified & pointed out every time it comes out of his mouth & actions.
The whipping boys of the GOP need to grow a pair & standup for their constituents. His foolhardy promises to the American public need to be highlighted & his daily failures need to be reported. Americans negatively impacted by his haphazard governing need to speak up & stop being cowards by making excuses for his fuckups. His attempts to blame the previous administration needs to be combated by hard & real facts. Companies that support this President need to feel it in their revenues by boycotting their products & services. Security breaches must result in those involved being held accountable & fired. Congress needs to exhibit their power of the purse & not succumb to threats of being primaried or of federal funding being withheld. Members of Congress need to announce the planned budget cuts that will negatively impact Americans & our families.
His attacks on immigrants is an affront to us all. Funding of these activities needs to be re-appropriated. A lesson must be learned that he is not all powerful & that the country does not buy into his lies & false promises by continuing to put pressure on their members of Congress. Leaders need to come out of the shadows & stand up to this miscreant & his band of know nothings.
Quote Originally Posted by kcblitzkrieg:
@Midnight1 He has to be stopped! I see you state this often....what is you "plan" for this happening? midterms aren't for another 18 months. Flip the House and we are looking at another impeachment. BUT, that is still almost 2 years away. So how can he be "stopped" I wonder....?
1st of all, Congress needs to take back the power they gave away. Secondly, billionaires, law firms, networks, the media etc need to stop kissing his ass. Government agency heads that he's trying to dismantle need to come forward & expose the illegal methods & access to confidential information of American citizens that have been abused. Congress needs to stop confirming no-nothing wannabees that are nothing but puppets. The checks/balance that are in place need to be exercised. We are protected by the 1st Amendment & people cannot be hesitant to expose the corruption, special deals, threats, accusations without proof, withholding of Congress approved funding & destruction of aid provided to Americans & our allies abroad. His market manipulations need to be inspected & action taken. His division by race, gender & class needs to be magnified & pointed out every time it comes out of his mouth & actions.
The whipping boys of the GOP need to grow a pair & standup for their constituents. His foolhardy promises to the American public need to be highlighted & his daily failures need to be reported. Americans negatively impacted by his haphazard governing need to speak up & stop being cowards by making excuses for his fuckups. His attempts to blame the previous administration needs to be combated by hard & real facts. Companies that support this President need to feel it in their revenues by boycotting their products & services. Security breaches must result in those involved being held accountable & fired. Congress needs to exhibit their power of the purse & not succumb to threats of being primaried or of federal funding being withheld. Members of Congress need to announce the planned budget cuts that will negatively impact Americans & our families.
His attacks on immigrants is an affront to us all. Funding of these activities needs to be re-appropriated. A lesson must be learned that he is not all powerful & that the country does not buy into his lies & false promises by continuing to put pressure on their members of Congress. Leaders need to come out of the shadows & stand up to this miscreant & his band of know nothings.
Get these crazy fuckers like Stephen Miller in front of a judge where he is sure to perjure himself for human rights violations & throw his ass in jail for doing so.
@kcblitzkrieg
Forgot one other thing...
Get these crazy fuckers like Stephen Miller in front of a judge where he is sure to perjure himself for human rights violations & throw his ass in jail for doing so.
Quote Originally Posted by kcblitzkrieg: @Midnight1 He has to be stopped! I see you state this often....what is you "plan" for this happening? midterms aren't for another 18 months. Flip the House and we are looking at another impeachment. BUT, that is still almost 2 years away. So how can he be "stopped" I wonder....? 1st of all, Congress needs to take back the power they gave away. Secondly, billionaires, law firms, networks, the media etc need to stop kissing his ass. Government agency heads that he's trying to dismantle need to come forward & expose the illegal methods & access to confidential information of American citizens that have been abused. Congress needs to stop confirming no-nothing wannabees that are nothing but puppets. The checks/balance that are in place need to be exercised. We are protected by the 1st Amendment & people cannot be hesitant to expose the corruption, special deals, threats, accusations without proof, withholding of Congress approved funding & destruction of aid provided to Americans & our allies abroad. His market manipulations need to be inspected & action taken. His division by race, gender & class needs to be magnified & pointed out every time it comes out of his mouth & actions. The whipping boys of the GOP need to grow a pair & standup for their constituents. His foolhardy promises to the American public need to be highlighted & his daily failures need to be reported. Americans negatively impacted by his haphazard governing need to speak up & stop being cowards by making excuses for his fuckups. His attempts to blame the previous administration needs to be combated by hard & real facts. Companies that support this President need to feel it in their revenues by boycotting their products & services. Security breaches must result in those involved being held accountable & fired. Congress needs to exhibit their power of the purse & not succumb to threats of being primaried or of federal funding being withheld. Members of Congress need to announce the planned budget cuts that will negatively impact Americans & our families. His attacks on immigrants is an affront to us all. Funding of these activities needs to be re-appropriated. A lesson must be learned that he is not all powerful & that the country does not buy into his lies & false promises by continuing to put pressure on their members of Congress. Leaders need to come out of the shadows & stand up to this miscreant & his band of know nothings.
There is much to unpack here. I understand what you are saying and where you are coming from, BUT....do you really think any of this is going to happen? Don't hold your breath on the lot of it is what I'm saying
I know you are passionate about your hate of Donald but a good deal of what you wrote here you have a problem with has been done the same by the previous administration where you had sat silent on the past four years. I realize why of course, but it is ironic that some of what you have such a problem with the exact same thing was done before him and throughout the history of politics. The only difference being you can put a face on it now whereas in the past it was just the regime behind the scenes pulling the strings. Point is, if you have an issue with it now then you should've had one in the past as bad is bad regardless of political affiliations.
Time is a flat circle....
Quote Originally Posted by Midnight1:
Quote Originally Posted by kcblitzkrieg: @Midnight1 He has to be stopped! I see you state this often....what is you "plan" for this happening? midterms aren't for another 18 months. Flip the House and we are looking at another impeachment. BUT, that is still almost 2 years away. So how can he be "stopped" I wonder....? 1st of all, Congress needs to take back the power they gave away. Secondly, billionaires, law firms, networks, the media etc need to stop kissing his ass. Government agency heads that he's trying to dismantle need to come forward & expose the illegal methods & access to confidential information of American citizens that have been abused. Congress needs to stop confirming no-nothing wannabees that are nothing but puppets. The checks/balance that are in place need to be exercised. We are protected by the 1st Amendment & people cannot be hesitant to expose the corruption, special deals, threats, accusations without proof, withholding of Congress approved funding & destruction of aid provided to Americans & our allies abroad. His market manipulations need to be inspected & action taken. His division by race, gender & class needs to be magnified & pointed out every time it comes out of his mouth & actions. The whipping boys of the GOP need to grow a pair & standup for their constituents. His foolhardy promises to the American public need to be highlighted & his daily failures need to be reported. Americans negatively impacted by his haphazard governing need to speak up & stop being cowards by making excuses for his fuckups. His attempts to blame the previous administration needs to be combated by hard & real facts. Companies that support this President need to feel it in their revenues by boycotting their products & services. Security breaches must result in those involved being held accountable & fired. Congress needs to exhibit their power of the purse & not succumb to threats of being primaried or of federal funding being withheld. Members of Congress need to announce the planned budget cuts that will negatively impact Americans & our families. His attacks on immigrants is an affront to us all. Funding of these activities needs to be re-appropriated. A lesson must be learned that he is not all powerful & that the country does not buy into his lies & false promises by continuing to put pressure on their members of Congress. Leaders need to come out of the shadows & stand up to this miscreant & his band of know nothings.
There is much to unpack here. I understand what you are saying and where you are coming from, BUT....do you really think any of this is going to happen? Don't hold your breath on the lot of it is what I'm saying
I know you are passionate about your hate of Donald but a good deal of what you wrote here you have a problem with has been done the same by the previous administration where you had sat silent on the past four years. I realize why of course, but it is ironic that some of what you have such a problem with the exact same thing was done before him and throughout the history of politics. The only difference being you can put a face on it now whereas in the past it was just the regime behind the scenes pulling the strings. Point is, if you have an issue with it now then you should've had one in the past as bad is bad regardless of political affiliations.
1st of all, Congress needs to take back the power they gave away. Secondly, billionaires, law firms, networks, the media etc need to stop kissing his ass. Government agency heads that he's trying to dismantle need to come forward & expose the illegal methods & access to confidential information of American citizens that have been abused. Congress needs to stop confirming no-nothing wannabees that are nothing but puppets. The checks/balance that are in place need to be exercised. We are protected by the 1st Amendment & people cannot be hesitant to expose the corruption, special deals, threats, accusations without proof, withholding of Congress approved funding & destruction of aid provided to Americans & our allies abroad. His market manipulations need to be inspected & action taken. His division by race, gender & class needs to be magnified & pointed out every time it comes out of his mouth & actions. The whipping boys of the GOP need to grow a pair & standup for their constituents. His foolhardy promises to the American public need to be highlighted & his daily failures need to be reported. Americans negatively impacted by his haphazard governing need to speak up & stop being cowards by making excuses for his fuckups. His attempts to blame the previous administration needs to be combated by hard & real facts. Companies that support this President need to feel it in their revenues by boycotting their products & services. Security breaches must result in those involved being held accountable & fired. Congress needs to exhibit their power of the purse & not succumb to threats of being primaried or of federal funding being withheld. Members of Congress need to announce the planned budget cuts that will negatively impact Americans & our families. His attacks on immigrants is an affront to us all. Funding of these activities needs to be re-appropriated. A lesson must be learned that he is not all powerful & that the country does not buy into his lies & false promises by continuing to put pressure on their members of Congress. Leaders need to come out of the shadows & stand up to this miscreant & his band of know nothings.
Quote Originally Posted by Midnight1:
1st of all, Congress needs to take back the power they gave away. Secondly, billionaires, law firms, networks, the media etc need to stop kissing his ass. Government agency heads that he's trying to dismantle need to come forward & expose the illegal methods & access to confidential information of American citizens that have been abused. Congress needs to stop confirming no-nothing wannabees that are nothing but puppets. The checks/balance that are in place need to be exercised. We are protected by the 1st Amendment & people cannot be hesitant to expose the corruption, special deals, threats, accusations without proof, withholding of Congress approved funding & destruction of aid provided to Americans & our allies abroad. His market manipulations need to be inspected & action taken. His division by race, gender & class needs to be magnified & pointed out every time it comes out of his mouth & actions. The whipping boys of the GOP need to grow a pair & standup for their constituents. His foolhardy promises to the American public need to be highlighted & his daily failures need to be reported. Americans negatively impacted by his haphazard governing need to speak up & stop being cowards by making excuses for his fuckups. His attempts to blame the previous administration needs to be combated by hard & real facts. Companies that support this President need to feel it in their revenues by boycotting their products & services. Security breaches must result in those involved being held accountable & fired. Congress needs to exhibit their power of the purse & not succumb to threats of being primaried or of federal funding being withheld. Members of Congress need to announce the planned budget cuts that will negatively impact Americans & our families. His attacks on immigrants is an affront to us all. Funding of these activities needs to be re-appropriated. A lesson must be learned that he is not all powerful & that the country does not buy into his lies & false promises by continuing to put pressure on their members of Congress. Leaders need to come out of the shadows & stand up to this miscreant & his band of know nothings.
"A man plants a bomb in his home. Primes it go off in a week. After panic grips the neighborhood, and this man's friends all loot it, the man decides to defuse the bomb.
He is then celebrated by his wife, children and friends as a hero and savior and his credit score improves."
Thought this was a pretty funny illustration of recent events....
Time is a flat circle....
"A man plants a bomb in his home. Primes it go off in a week. After panic grips the neighborhood, and this man's friends all loot it, the man decides to defuse the bomb.
He is then celebrated by his wife, children and friends as a hero and savior and his credit score improves."
Thought this was a pretty funny illustration of recent events....
Today from the Press Secretary ""Later this afternoon, the president will be signing a presidential memorandum aimed at stopping illegal aliens and other ineligible people from obtaining Social Security Act benefits."
In other words, "We will work to stop something that isn’t happening and then take a victory lap because the thing that wasn’t happening still isn’t”
Just more shitfuckery IMO
@kcblitzkrieg
Or
Today from the Press Secretary ""Later this afternoon, the president will be signing a presidential memorandum aimed at stopping illegal aliens and other ineligible people from obtaining Social Security Act benefits."
In other words, "We will work to stop something that isn’t happening and then take a victory lap because the thing that wasn’t happening still isn’t”
California to sue Trump administration over tariffs. Alledging the president has no authority to impose tariffs under International emergency power act. Also disruption of supply chain, higher costs for Americans and damage to economy.
California to sue Trump administration over tariffs. Alledging the president has no authority to impose tariffs under International emergency power act. Also disruption of supply chain, higher costs for Americans and damage to economy.
The CEO of J.P. Morgan, Jamie Dimon, just sold 133,639 shares worth around $31.5 million of his own stock. If that doesn’t tell you something about the state of our economy under the Snatchural, I don’t know what will. And LRM, I see you crawled out from under your rock again GFY
CEOs have been dumping shares since Bidens term. This is not new and it's very likely not for tax reasons. Just look at when Buffet started selling, that's more telling then Dimon.
Everyone wants to complain about new tariffs causing prices to rise, but the same people were quite when inflation was spiking. Did that $1,600 really confuse you so much you didn't realize prices would skyrocket and inflation wouldn't back down? So you're ok with inflation causing pricing to increase on practically everything, but worried about tariffs that are more specific to materials and products?
Quote Originally Posted by Midnight1:
The CEO of J.P. Morgan, Jamie Dimon, just sold 133,639 shares worth around $31.5 million of his own stock. If that doesn’t tell you something about the state of our economy under the Snatchural, I don’t know what will. And LRM, I see you crawled out from under your rock again GFY
CEOs have been dumping shares since Bidens term. This is not new and it's very likely not for tax reasons. Just look at when Buffet started selling, that's more telling then Dimon.
Everyone wants to complain about new tariffs causing prices to rise, but the same people were quite when inflation was spiking. Did that $1,600 really confuse you so much you didn't realize prices would skyrocket and inflation wouldn't back down? So you're ok with inflation causing pricing to increase on practically everything, but worried about tariffs that are more specific to materials and products?
My beef about the tariffs is they are so willy nilly. Today there's a pause, tomorrow they're on again. There is no plan. There is no strategy.
That concerns me & most Americans.
My wife & I are lucky to be in a position in life where we can pay for almost anything if we want it badly enough. That money was earned under both Democratic & Republican presidents. As I've said before it's all about The Great Gropesby for me. I despise him. Don't trust him. I believe he's dangerous & unstable. He needs to be stopped by our other branches of government & people across the country.
@BigGame90
$1600?? I don't follow.
My beef about the tariffs is they are so willy nilly. Today there's a pause, tomorrow they're on again. There is no plan. There is no strategy.
That concerns me & most Americans.
My wife & I are lucky to be in a position in life where we can pay for almost anything if we want it badly enough. That money was earned under both Democratic & Republican presidents. As I've said before it's all about The Great Gropesby for me. I despise him. Don't trust him. I believe he's dangerous & unstable. He needs to be stopped by our other branches of government & people across the country.
This is from someone who knows more about the present situation than both of us combined.
FED Jerome Powell today.."Tariffs are highly likely to generate at least a temporary increase in inflation. The inflationary effects could also be more persistent."
@BigGame90
This is from someone who knows more about the present situation than both of us combined.
FED Jerome Powell today.."Tariffs are highly likely to generate at least a temporary increase in inflation. The inflationary effects could also be more persistent."
The tariffs bring a dirty angry word into the house of FED, tariffs and stupid government project 2025 job cuts, that word is STAGFLATION.
The very last thing Powell wants to deal with is stagflation and the combo Trump is putting together of higher costs via tariffs and job cuts mean stagnant growth and higher inflation, that is stagflation.
The FED really cannot do much anyway because they allow banks to do anything but lend in pursuits of profits so the money multiplier the FED pontificates about does not function so their moves really do not flow through to the economy, FED cuts help risk assets and gambling HFT/private equity traders and that is why the market is crying today.
@Midnight1
The tariffs bring a dirty angry word into the house of FED, tariffs and stupid government project 2025 job cuts, that word is STAGFLATION.
The very last thing Powell wants to deal with is stagflation and the combo Trump is putting together of higher costs via tariffs and job cuts mean stagnant growth and higher inflation, that is stagflation.
The FED really cannot do much anyway because they allow banks to do anything but lend in pursuits of profits so the money multiplier the FED pontificates about does not function so their moves really do not flow through to the economy, FED cuts help risk assets and gambling HFT/private equity traders and that is why the market is crying today.
The $1600 was in reference to the covid "relief" we were paid before inflation really took off. IMO it was a bribe to keep us distracted from what was about to happen with inflation.
JPOW says the same shit every time he gets on the mic. I think the interviewer had puts going into that chat because he was just hammering JPOW and the markets reacted and still are a half hour before close. Tariffs can cause inflation, but we've been dealing with inflation that hasn't gone back to the 2% target the FED set.
I have my own theory on what's happening in the markets and I don't think tariffs is the actual cause of the "sell off". But tariffs sure do make a great cover, if that's what it's being used for with the pauses and starts. IMO this is a controlled chaos situation and tariffs is the cover because nobody will believe the markets are selling off "just because". Might have to dig a little deeper than what's being shown on the surface.
@Midnight1
The $1600 was in reference to the covid "relief" we were paid before inflation really took off. IMO it was a bribe to keep us distracted from what was about to happen with inflation.
JPOW says the same shit every time he gets on the mic. I think the interviewer had puts going into that chat because he was just hammering JPOW and the markets reacted and still are a half hour before close. Tariffs can cause inflation, but we've been dealing with inflation that hasn't gone back to the 2% target the FED set.
I have my own theory on what's happening in the markets and I don't think tariffs is the actual cause of the "sell off". But tariffs sure do make a great cover, if that's what it's being used for with the pauses and starts. IMO this is a controlled chaos situation and tariffs is the cover because nobody will believe the markets are selling off "just because". Might have to dig a little deeper than what's being shown on the surface.
Quote Originally Posted by Midnight1: Quote Originally Posted by kcblitzkrieg: @Midnight1 He has to be stopped! I see you state this often....what is you "plan" for this happening? midterms aren't for another 18 months. Flip the House and we are looking at another impeachment. BUT, that is still almost 2 years away. So how can he be "stopped" I wonder....? 1st of all, Congress needs to take back the power they gave away. Secondly, billionaires, law firms, networks, the media etc need to stop kissing his ass. Government agency heads that he's trying to dismantle need to come forward & expose the illegal methods & access to confidential information of American citizens that have been abused. Congress needs to stop confirming no-nothing wannabees that are nothing but puppets. The checks/balance that are in place need to be exercised. We are protected by the 1st Amendment & people cannot be hesitant to expose the corruption, special deals, threats, accusations without proof, withholding of Congress approved funding & destruction of aid provided to Americans & our allies abroad. His market manipulations need to be inspected & action taken. His division by race, gender & class needs to be magnified & pointed out every time it comes out of his mouth & actions. The whipping boys of the GOP need to grow a pair & standup for their constituents. His foolhardy promises to the American public need to be highlighted & his daily failures need to be reported. Americans negatively impacted by his haphazard governing need to speak up & stop being cowards by making excuses for his fuckups. His attempts to blame the previous administration needs to be combated by hard & real facts. Companies that support this President need to feel it in their revenues by boycotting their products & services. Security breaches must result in those involved being held accountable & fired. Congress needs to exhibit their power of the purse & not succumb to threats of being primaried or of federal funding being withheld. Members of Congress need to announce the planned budget cuts that will negatively impact Americans & our families. His attacks on immigrants is an affront to us all. Funding of these activities needs to be re-appropriated. A lesson must be learned that he is not all powerful & that the country does not buy into his lies & false promises by continuing to put pressure on their members of Congress. Leaders need to come out of the shadows & stand up to this miscreant & his band of know nothings. There is much to unpack here. I understand what you are saying and where you are coming from, BUT....do you really think any of this is going to happen? Don't hold your breath on the lot of it is what I'm saying I know you are passionate about your hate of Donald but a good deal of what you wrote here you have a problem with has been done the same by the previous administration where you had sat silent on the past four years. I realize why of course, but it is ironic that some of what you have such a problem with the exact same thing was done before him and throughout the history of politics. The only difference being you can put a face on it now whereas in the past it was just the regime behind the scenes pulling the strings. Point is, if you have an issue with it now then you should've had one in the past as bad is bad regardless of political affiliations.
Quote Originally Posted by kcblitzkrieg:
Quote Originally Posted by Midnight1: Quote Originally Posted by kcblitzkrieg: @Midnight1 He has to be stopped! I see you state this often....what is you "plan" for this happening? midterms aren't for another 18 months. Flip the House and we are looking at another impeachment. BUT, that is still almost 2 years away. So how can he be "stopped" I wonder....? 1st of all, Congress needs to take back the power they gave away. Secondly, billionaires, law firms, networks, the media etc need to stop kissing his ass. Government agency heads that he's trying to dismantle need to come forward & expose the illegal methods & access to confidential information of American citizens that have been abused. Congress needs to stop confirming no-nothing wannabees that are nothing but puppets. The checks/balance that are in place need to be exercised. We are protected by the 1st Amendment & people cannot be hesitant to expose the corruption, special deals, threats, accusations without proof, withholding of Congress approved funding & destruction of aid provided to Americans & our allies abroad. His market manipulations need to be inspected & action taken. His division by race, gender & class needs to be magnified & pointed out every time it comes out of his mouth & actions. The whipping boys of the GOP need to grow a pair & standup for their constituents. His foolhardy promises to the American public need to be highlighted & his daily failures need to be reported. Americans negatively impacted by his haphazard governing need to speak up & stop being cowards by making excuses for his fuckups. His attempts to blame the previous administration needs to be combated by hard & real facts. Companies that support this President need to feel it in their revenues by boycotting their products & services. Security breaches must result in those involved being held accountable & fired. Congress needs to exhibit their power of the purse & not succumb to threats of being primaried or of federal funding being withheld. Members of Congress need to announce the planned budget cuts that will negatively impact Americans & our families. His attacks on immigrants is an affront to us all. Funding of these activities needs to be re-appropriated. A lesson must be learned that he is not all powerful & that the country does not buy into his lies & false promises by continuing to put pressure on their members of Congress. Leaders need to come out of the shadows & stand up to this miscreant & his band of know nothings. There is much to unpack here. I understand what you are saying and where you are coming from, BUT....do you really think any of this is going to happen? Don't hold your breath on the lot of it is what I'm saying I know you are passionate about your hate of Donald but a good deal of what you wrote here you have a problem with has been done the same by the previous administration where you had sat silent on the past four years. I realize why of course, but it is ironic that some of what you have such a problem with the exact same thing was done before him and throughout the history of politics. The only difference being you can put a face on it now whereas in the past it was just the regime behind the scenes pulling the strings. Point is, if you have an issue with it now then you should've had one in the past as bad is bad regardless of political affiliations.
We know these boys are leveraged and are using margin to try and juice more profits so higher rates are really damaging to their business models AND higher corporate interest expense means less profits and less free ZIRP expansion capital. The market cares more about the FED than the government in general unless there is leveraged chaos and stupidity in government so since we have both it is no wonder that the market has been in the toilet since Trump and his reign of terror took over.
@kcblitzkrieg
We know these boys are leveraged and are using margin to try and juice more profits so higher rates are really damaging to their business models AND higher corporate interest expense means less profits and less free ZIRP expansion capital. The market cares more about the FED than the government in general unless there is leveraged chaos and stupidity in government so since we have both it is no wonder that the market has been in the toilet since Trump and his reign of terror took over.
Lastly, this scam that PE firms put on was one of my only complaints about Romney and his run for POTUS that Bain has a long history of takeover and leverage then release to the market scams and I consider that to be abhorrent but it is a business model used for multiple decades. I dont recall you being in the circus when this was going on but there are some fellow Covers members who might remember this discussion...lol
@kcblitzkrieg
Lastly, this scam that PE firms put on was one of my only complaints about Romney and his run for POTUS that Bain has a long history of takeover and leverage then release to the market scams and I consider that to be abhorrent but it is a business model used for multiple decades. I dont recall you being in the circus when this was going on but there are some fellow Covers members who might remember this discussion...lol
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