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Author:

Jester Debunker

Subject:

Off Topic

Date:

03/08/17 at 8:43 AM CST

 

 

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POTUS and the market

I'm surprised that the market is shrugging off Trump's increasingly unhinged behavior. On Saturday he tweeted shocking allegations against Obama with zero evidence, then tweeted about reality TV, then played golf. Days later, still zero evidence. Yesterday he claimed Obama released 122 from Gitmo who are back in the battlefield, which was also false. The Govt data the number comes from says 113 of those were released by Bush. There are a few issues here:

1. The constant lying, and ironically coming mere days after fooling people yet again that he was becoming "presidential".

2. Attacking a former POTUS with no proof, and worse apparently coming from peddling some far right guys conspiracy theory, makes you wonder who will he attack next without provocation.

3. Yesterday's tweets strongly suggest he was watching Fox cable news for two hours straight. Shouldn't the President have all the information, instead of getting it from Fox News and conspiracy theorists?

The new healthcare proposal looks like a dud too. Its only winners are insurance executives and the wealthy, everyone else is likely worse off. One Republican did helpfully suggest people could do without their iPhone to pay for healthcare. LOL, as if it will be that cheap. They didn't even wait for CBO's assessment before releasing it. I guess budgets suddenly don't matter any more to the GOP? I thought that was their big thing.

This administration may be loved by Wall Street in the short term, but I am convinced it will leave terrible damage on many fronts for a subsequent administration to fix.  Everything is willy nilly, no real study of possible negative side effects, all for the sake of getting its way now.

I have never been impressed with him, even dating back to the early Apprentice days, I knew I was right not to be.


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Author:

LongTerm CapGains

Subject:

Off Topic

Sentiment:

Neutral

Date:

03/09/17 at 7:01 AM CST

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