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Too late you stupid fucks. Market is in free fall. Futures are down 1,000 points and Monday morning after the really big tariffs come into effect, we will see probably the top 3 stock market crashes of all time if not the biggest.
Easy to buy the dip if you can cause the dip.
Easy to cause a dip if you are a dip.
This is how they spurn a recovery and Trump and Co all make huge bank. No way they didn't sell off ahead of the announcement they all knew was coming.
Or do we somehow know they didn't do this?
This is stupid. The president only can enact tariffs in the interest of national security. If these spineless fucks ever bothered to do their fucking job in the first place we wouldn't be here.
losers confirming his nominees, only cory booker has done anything to really stall him. the senate is looking mighty complicit
only cory booker has done anything to really stall him
He really didn't. What he did was impressive, but it was just a show. He wasn't even filibustering anything. It was just a signal to voters that at least someone wants to do something.
Booker was auditioning to replace the cowardly, weak, simpering weenie Chuck Schumer. He needs to leave the Senate in disgrace, and let AOC take his seat, and have Booker take his position as Dem Leader. I'm no fan of Booker, but nobody else is strong enough to step up.
Fuck that creep Schumer. I'll never forgive him for stabbing Al Franken in the back.
Cory Booker isn't my favorite, but he's far from my least favorite. He would certainly be a palatable senate leader for me.
That’s more or less where I’m at on Booker, too. Absolutely not my favorite, but a damn sight better than what we have now. Though, admittedly, the bar one would need to jump over to be better than what we have now is in the basement.
Most of that blood was on Gillibrand's hands.
Oh, I'm aware. She wanted to clear the decks for her presidential run, and she knew Franken would be a nearly unbeatable candidate. Schumer is her state-mate, and Senate leader, and he did the dirty work for her.
Then her campaign flamed out in a few weeks. They ruined a good man's life for NOTHING. They're both backstabbing whores.
Best article about their unforgiveable duplicity:
https://www.newyorker.com/magazine/2019/07/29/the-case-of-al-franken
I wouldn't say they ruined his life. He started touring as a comedian again and has a successful podcast now. It ended his career in the senate, but he seems to still be doing all right.
He has recovered, but it isn't the life he wanted or the kind of enormous positive influence on America that he wanted to make.
the life he wanted
Maybe, maybe not. If you offered me the presidency right now, I would take it.
It's not the life I want. I'm not qualified. But I'd do it for my country. After all, the bar on qualifications is absudly low right now.
It's entirely likely Al Franken was doing the same.
Yep, it was an ineffectual stunt.
Cory Booker did his filibuster stunt the same day he was scheduled to be leading a senate subcommittee inquiry into the same tech companies who are his largest donors.
Don't be fooled, it was a clever distraction designed for the optics.
So he just issues new tariffs every sixty days take the godsdamned reins back already
A bill.
So, anyone remember who has to sign a bill for it to become law? Anyone at school the day they taught that? Maybe there was a cute cartoon and a song on TV explaining this.
Not that it’s going to get enough support due to republicans falling in line, but you do realize that even if the president doesn’t sign or abstains it can still by passed by the house and congress right? It doesn’t stop at the president.
But you may be right, we already are totally doomed as it is.
If it passes at all, we need to pay attention to how many votes there are for it. It takes a 2/3 threshold in both houses to override a veto. If the passing margin is anywhere near that, there will be enormous popular pressure to get the last few votes for an override after the President vetoes it....
.... which will screw over those last few on the fence, because the J6 nutters will know who they are, and they already attacked Congress once. I hope their home state can give them good law enforcement protection, because the Federal Government won't.
Are you saying violence is an effective way to influence our government? Sounds like it may work better than voting.
Normally violence wouldn't be an effective way to influence government, but our President has just broadcasted that violence that supports him gets a free pass, at least while he can hand out pardons as if they were candy (or perhaps Fentanyl).
That reminds me, I have to sharpen my guillotine.
One of Trump's favorite shitty moves is directing the Secret Service not to protect you.
Sadly, I would bet that they did not know that.
If it's truly bipartisan, they might be able to get enough votes to override.
If they're willing to take democratic signatures then Trump can't stop it.
Who knew giving all your power to a dictator could go wrong?
As someone who still has time with the markets and their investments, I’m glad I’m not looking to pull from my investments as of yet.
That being said, I feel sorry for anyone that’s invested in the US market heavily right now and needs that cash.
Maybe instead of Trump mocking “Sleepy Joe Biden”, he should stop raping the markets and resign.
But this is just Trump doing Trump things. Absolute moron of a human being and unfortunately there were more than 77 million bigger morons that followed a rapist blindly into leadership.
Anyways enjoy your Idaho grown bananas, mangos, and coffee when the tariffs hit next week.
Now's the time to buy. The wealthy know this, that's why HitlerPig is doing it. He's done the same thing each month since his inauguration. It's deliberate market manipulation.
I dunno if right this second is the time to buy. The market has some settling to do over the coming months.
Wealthy investors know to buy on the dip.
Of course that's assumming that there will be a quick recovery. If this bullshit sends us into a depression, they may have outsmarted themselves.
Buying the dip does not mean to purchase stock anytime number goes down. It means buy when you think something other than market forces are affecting a stock that you believe will make a quick recovery.
We are not in dip territory, we are in recession territory. An old saying is don't try and catch a falling knife. It's better to let it hit the floor before picking it back up, and we're still a ways from hitting the floor.
Valid.
The S&P 500 is still up year-over-year. There's a lot of pain on the way as responses and consequences roll out; this isn't bottoming out in a week.
This is the part of the rollercoaster where the ascent finishes and gravity takes over. Of course the long term metrics don’t reflect what’s happening yet.
anytime
\sigh
Congress must approve tariffs within 60 days or they expire;
Booker is sweating bullets right now
He already submitted an "economic analysis." He said the country is going to "boom."
Now the MAGA Senate can vote for it in good conscience.