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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

12/21/18 at 2:28 PM CST

 

 

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I have not heard from our Commander in Tweet about this wonderful market

 

Nobody is suprised he takes credit on the way up and none of the blame on the way down, despite a large part of this being directly his fault with the "easy to win" trade war, and the self-imposed govt shutdown because a couple of TV personalities told him to do it, and the spiraling out of control White House. He has also foolishly attacked the Fed over and over, so when they do something he doesn't like he views that as a personal attack, which makes him lash out more, which leads to rumors (which may well be true) he has tried to fire Powell, which leads to more market losses and more attempts at damage control. He is his own worst enemy.

As Sen Corker said, who recently flipped from loyal to 'so done with this crap',

#AlertThe DaycareStaff


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Author:

Jester Debunker

Subject:

Off Topic

Sentiment:

Neutral

Date:

12/24/18 at 8:17 AM CST

It still baffles me that he would get so many people to vote for him when the man is clearly not well in the head.  It shows how many idiots are out there!


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Author:

LongTerm CapGains

Subject:

Off Topic

Sentiment:

Neutral

Date:

12/24/18 at 8:49 AM CST

It's even more baffling that so many of them *still* believe in him, despite all of the corruption and illegal activity, the filling of the swamp, lack of wall, and his only two real accomplishments being tax cuts for the rich (including himself) and prison reform, which isn't particularly hard. Despite all of this, they still rabidly support a guy who clearly doesn't care about people like them and never has done in his life. That's what I find so scary about it. That lack of accountability. I do believe he could shoot someone on the street, even a white person, and his base would still support him, and some would deny it ever happened and call it fake news.


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Author:

Jester Debunker

Subject:

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Sentiment:

Neutral

Date:

12/24/18 at 9:20 AM CST

I am still hopeful that those marginal voters that voted for him (those who voted against Hilary, and those who only voted for him for the tax cuts) are now realizing that they got dealt a bad deal, and will vote against him in 2020.  I would guess they are enough to turn the electoral vote against him.  

Then there are those who now see their 401K savings down some 20%, they cannot be for him anymore.  The tax cut matters little if you are down so much.  

That said, I am afraid that if he gets a deal with China, it could garner him more support.  Folks just don't see the bigger picture.

The decision pull out of Syria is jut another reminder that this guy operates in a world devoid of any logic, reason and loyalty to our Allies. Let alone going back on your word/commitment.  Our credibility is gotta be at an all-time low.

 


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Author:

LongTerm CapGains

Subject:

Off Topic

Sentiment:

Neutral

Date:

12/24/18 at 10:48 AM CST

I met someone the other day, a building contractor, who told me he was a strong supporter of Trump. He said that when he went into a store to buy a chisel, of the 8 available, only one was made in the USA. He also called Walmart "China-mart", in a derogatory way. 

My take is this: Pretty much on almost any issue you can name, there are a huge number of people who don't understand how the ...(fill in the blank - economy, military, government, foreign relations, et al) actually work. They are, ironically, much like Trump himself in this respect. But like him, they *think* they know how these institutions and protocols work. So, for instance, this guy sees chisels mostly from China, and buys the Trump narrative that the biggest economic problems are that places like China are stealing USA jobs. It never occurs to them that the reason all these jobs have gone overseas are not unfair trade practices (which of course they pick up from Trump), but that US workers can't, and never will, be able to match developing countries on wages and costs. So yes, they're fully behind a trade war, because Trump has told them this is what's been eroding job growth at time. Even as we have record employment. It'd be interesting to see how the job growth in the US is segmented - i.e., white collar, blue collar, industrial vs. service, etc.


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Author:

Jam ok

Subject:

Off Topic

Sentiment:

Neutral

Date:

12/24/18 at 12:42 PM CST

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