The USA Political Thread

Samer said:

Probably due to failed Saudi Coup, beyond our control.
Samer

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Our financial markets are a bubble looking for a pin at this point. The virus served as a pin but it may not be the final pin. The bubble burst is coming, along with a recession worst than the last. Notice how the MSM always fixates on the pin and never the bubble.

They will tell you about the bubble, but only in retrospect (after it is too late), once the major indexes are at least 20% down from their highs. But by all means take your cues from them, once we are 20% down you only need to generate returns of 40% to get back to breakeven. Just another example of how the MSM is your friend.

johname said:

oil opens 30 percent lower

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E-Promote said:

Our financial markets are a bubble looking for a pin at this point. The virus served as a pin but it may not be the final pin. The bubble burst is coming, along with a recession worst than the last. Notice how the MSM always fixates on the pin and never the bubble.

They will tell you about the bubble, but only in retrospect (after it is too late), once the major indexes are at least 20% down from their highs. But by all means take your cues from them, once we are 20% down you only need to generate returns of 40% to get back to breakeven. Just another example of how the MSM is your friend.

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I see you guys are already talking about this.

I just checked the futures before going to bed and saw that oil was down 32% just now.
I don't think I have ever seen it down that much in one day.

Down 32% at $28 a barrel. That makes it an actual crash

I have to change my out look form a few weeks ago.
I thought a 20% correction was what the market needed and possibly could go down 30% but now this could get a lot worse.

We are in fact way, way over due for a recession and the Tax break for the filthy rich to keep the economy propped up isn't going to hold up this house of cards for very much longer.

Trump is now wanting us to have negative interest rates to help him get re-elected and that is a recipe for a nightmare. Negative interest rates is a rabbit hole that can take a decade or two to get out of.

I'm going to bed now and hope things look a lot better when I get up before the markets open in the morning.

Donald Trump Shook Hands with CPAC Chairman Exposed to Attendee Infected with Coronavirus

https://people.com/politics/donald-trump-shook-hands-cpacp-chairman-exposed-coronavirus/

Iranian Gov officials were hit hard with the virus, the virus found its way into the CPAC conference, i don't know the number of verified infected attendees, I know it is more than one attendee confirmed infected with coronavirus. i believe total bullshit low numbers are being reported as opposed to the true numbers of infected Americans, so who really knows.

Arizona GOP Rep. Paul Gosar under self-quarantine after 'extended' interaction with coronavirus patient

https://www.yahoo.com/news/arizona-gop-rep-paul-gosar-025933763.html

lennco said:

I see you guys are already talking about this.

I just checked the futures before going to bed and saw that oil was down 32% just now.
I don't think I have ever seen it down that much in one day.

Down 32% at $28 a barrel. That makes it an actual crash

I have to change my out look form a few weeks ago.
I thought a 20% correction was what the market needed and possibly could go down 30% but now this could get a lot worse.

We are in fact way, way over due for a recession and the Tax break for the filthy rich to keep the economy propped up isn't going to hold up this house of cards for very much longer.

Trump is now wanting us to have negative interest rates to help him get re-elected and that is a recipe for a nightmare. Negative interest rates is a rabbit hole that can take a decade or two to get out of.

I'm going to bed now and hope things look a lot better when I get up before the markets open in the morning.

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It is projected to go below $20 a barrel , we are past a "correction" and headed into a deep recession

Why do ducks quack and sheep go baa?

If it acts like a duck and quacks like a duck, then darn-tooting, you can bet it's a duck.

As a flock of sheep move to new pasture, the leaders will baa, others will follow & answer, baa.

Lies, felony, impeachment, scandle, fraud, manipulating social media, jerry-rigging polls and gerrymandering - yet still they bow down to, defend & cover-up "His Majesty" - he who cannot be named.

What did the people of America fight so valiantly for over two centuries years ago?

Okay, the past is the past...but what of the future?

Does America still have democracy? Freedom of speech? How about freedom of thought?

Shouldn't freedom of thought prevail over rhetoric and follow the bleater?

Fool me once, shame on U, fool me twice, shame on US ...even if just for this one election, please don't be fooled.

Cannuck said:

Does America still have democracy? Freedom of speech? How about freedom of thought?

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Does Canada?

https://www.thepostmillennial.com/c...-proposed-canadian-communications-commission/

https://nationalpost.com/news/canad...-tirade-of-ugly-words-against-lesbian-heckler

Anybody who thinks Trump is a threat to freedom of speech hasn't been paying attention. Please don't be a sheep.

i thought the US economy was supposed to go into “recession” since day one, Trump elected?

Samer

A last recommendation for JB.... who thinks that references have any meaning without context. Read books, biographies, history, economics... All current media is slanted. Unless you have a broader understanding, you cannot tell the lies from the truth. A couple good books,

https://www.goodreads.com/book/show/82895.A_Man
Orianna Fallaci, I was still a kid when I read this in Greece. She was an amazing woman.

https://www.amazon.com/Worldly-Philosophers-Economic-Thinkers-Seventh/dp/068486214X
The Worldly Philosophers. A great read, entertaining, and a great way to get a basic grounding in the hisotry of economics.

https://www.amazon.com/Chi-Minh-Biography-Pierre-Brocheux/dp/0521850622
Ho Chi Minh is interesting, especially as he relates to US imperialism and failed foreign policy.

Read anything in depth, especially if it's not the latest polemic praised by the press. Biographies are a good start. You will learn nothing by skimming the daily pap provided by Google and the corporate media.

Domainace said:

... Please don't be a sheep.

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Agreed, and dont be a fool.

.X. said:

It is projected to go below $20 a barrel , we are past a "correction" and headed into a deep recession

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$20 a barrel could be truly destining. If it just touched $20 and immediately bounced back then not so bad.

But, if it drops past $20 and stays there even for a little wile that would cause massive layoffs in the oil industry and may even cause some or a lot of companies to go out of business like a lot of independent drillers.

Right now DOW implied opening is Down 1300 points...Ouch!

Bond Yields are crashing even more. 10yr at .43% and the 30yr is below 1% at .86%? Wow!

Cannuck said:

Agreed, and dont be a fool.

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I dunno know about that. Sometimes the smartest person in the room is the fool. Without fools, humanity would still be living in huts. Without sheep, we would just have to do without lamb chops and nice wooly sweaters.

lennco said:

$20 a barrel could be truly destining. If it just touched $20 and immediately bounced back then not so bad.

But, if it drops past $20 and stays there even for a little wile that would cause massive layoffs in the oil industry and may even cause some or a lot of companies to go out of business like a lot of independent drillers.

Right now DOW implied opening is Down 1300 points...Ouch!

Bond Yields are crashing even more. 10yr at .43% and the 30yr is below 1% at .86%? Wow!

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Expect worse before it gets better... don't you know he who will not be named is the best businessman in the world? The rich keep getting richer.

Cannuck said:

Expect worse before it gets better... don't you know he who will not be named is the best businessman in the world? The rich keep getting richer.

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Trump is one of the worst business men in the world.

Black Monday?

I hope not but could be.

Here we go..........................

DOW down 7% at the start -1800 points.
Stocks are going to be halted for 15 minutes.

Meanwhile, Dear Leader is probably off playing golf again.

Stock market - uggggggh. I can’t look! (It was already nauseatingly bad last week when I went into my account to move funds from my primary account to my ira.)

JB Lions said:

Yep, just check out the polls.

Trump won the Presidency.

Hillary won all 3 debates.

Hillary won the Popular vote.

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She didn't win three debates; the media declared her the winner. Watch first debate, Trump not only sets the tone / topics, he proves she doesn't even understand the problems. She starts co-opting Trump's solutions and HE OWNS HER AGAIN.

enlytend said:

Meanwhile, Dear Leader is probably off playing golf again.

Stock market - uggggggh. I can’t look! (It was already nauseatingly bad last week when I went into my account to move funds from my primary account to my ira.)

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Dr. Drew On Coronavirus: Media ‘Hurting People,’ ‘Need To Be Held Accountable’ For Causing Panic
https://www.dailywire.com/news/dr-d...need-to-be-held-accountable-for-causing-panic

TL;DR, More people dying from the flu.
--

@sherlyholmes
Newsom says that he had a "private conversation" with Trump and the president said everything Newsom "could have hoped for" and the administration has since followed through with what Trump said.
--

Replying to @SophiaBollag
Newsom declines to criticize the Trump administration's response to the #coronavirus. He says he's working closely with federal officials and praised VP Mike Pence's work handling the situation.
--

Here’s Just How Ridiculously Biased the Media Have Been Covering Coronavirus.
https://www.redstate.com/bonchie/20...ed-the-media-have-been-regarding-coronavirus/
--

mr-x said:

Dr. Drew On Coronavirus: Media ‘Hurting People,’ ‘Need To Be Held Accountable’ For Causing Panic
https://www.dailywire.com/news/dr-d...need-to-be-held-accountable-for-causing-panic

TL;DR, More people dying from the flu.
--

@sherlyholmes
Newsom says that he had a "private conversation" with Trump and the president said everything Newsom "could have hoped for" and the administration has since followed through with what Trump said.
--

Replying to @SophiaBollag
Newsom declines to criticize the Trump administration's response to the #coronavirus. He says he's working closely with federal officials and praised VP Mike Pence's work handling the situation.
--

Here’s Just How Ridiculously Biased the Media Have Been Covering Coronavirus.
https://www.redstate.com/bonchie/20...ed-the-media-have-been-regarding-coronavirus/
--

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I'm sorry Trump owns you

lennco said:

I'm sorry Trump owns you

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Poor baby. What's it like to wake up everyday and see Trump winning and feel sad about America doing so well.

mr-x said:

Poor baby. What's it like to wake up everyday and see Trump winning and feel sad about America doing so well.

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What's it like to wake up everyday and be a Trump lemming?

Because It sure looks like he is losing to me. I think you need glasses my friend.

Another sad looser hoping America fails so he prove Trump was wrong.

lennco said:

What's it like to wake up everyday and be a Trump lemming?

Because It sure looks like he is losing to me. I think you need glasses my friend.

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Trump reacted correctly to the Covid-19 crisis in JANUARY and the media criticized him, called him racist and xenophobic.

The President can't prevent an pandemic. He's not responsible for every bureaucratic problem. He's working for America and doing a good job.

Try pulling your head out of your ass, crybaby.

enlytend said:

Meanwhile, Dear Leader is probably off playing golf again.

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You are probably right

Democrats are more concerned about Trump not getting credit for doing the right thing and succeeding than the actual problems hurting Americans.

Democrats act like they'd rather see people die and the economy crash.

lennco said:

You are probably right

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