As of 1 pm today, it's at 19,306. LESS than when Obama left, and that's AFTER an enormous debt financed permanent tax cut for billionaires and corporations that was supposed to "pour rocket fuel on the economy." And a tiny debt financed temporary tax cut for working class people too, lets not forget that in fairness.
I figured we should start charting this as an experiment to see which party in the White House makes the market perform better.
I'm just curious about such things, that's all.
Too bad Nuffan isn't around to discuss these matters. He always had such insight.
Whereas QE 1, 2 and 3 artificially pumped up the market to the 19,306 when Obama left office... I should also mention that in the wake of QE 1,2 and 3, that many Americans lost their homes!
All the money pumped into the market could have been used to keep people in their homes... Instead they were told by the Obama government that they must default on their mortgage by several months to qualify for a program that would keep them in their homes for several years without payments before ultimately being kicked out on their asses...
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What is to give light must endure burning -- Viktor Frankl
The Dow was still dropping from Bush policies when he took office. Righting the economy is like trying to turn a ship, it doesn't happen instantly.
But this is beside the point, I'm merely tracking the Dow as it relates to the Trump economy, and then I will compare it with the Biden economy once that is established.
The Dow was still dropping from Bush policies when he took office. Righting the economy is like trying to turn a ship, it doesn't happen instantly.
But this is beside the point, I'm merely tracking the Dow as it relates to the Trump economy, and then I will compare it with the Biden economy once that is established.
Stay tuned!
Woah, hold on a minute... We are talking about the guy who said "Lets step on their throats"....
IIRC at one time a personal jet was considered taboo... that was under Obama... yet he had his own personal jets... They were called AirForce1-3...
Biden does not stand a chance in this high stakes game... The Democrats know this and thus the reason they have presented Biden...
Even if Obama backs Biden, and he picks a female VP, I doubt that is going to be enough... The world is just so done with that BS...
So, that being said...
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What is to give light must endure burning -- Viktor Frankl
Obama doesn't have a private jet... The Office of the President of the United States does, but really it's the "People's Jet" and allows our president to travel efficiently and safely for official business. If used for non official purposes, the president's party has to reimburse the Department of Defense for its use.
Kinda surprised you didn't know that. But all of this is beside the point of this thread. I'll update it when we have data on how the Biden policies effect the economy.
Most people are well aware how Obama and his supporters roll. There can be no doubt that Obama abused the "People's Jet" with his overseas vacations and national travel to campaign during elections. There is no question about this, its a fact.
I should also mention that Biden, nor the Democrat party has a chance this November and the efforts being made at this very moment by the Democrats to market the KungFlu into a campaign slogan is only going to backfire on them.
Democrats have acted in a very dirty and low down way, one can only wonder if this is Gods way of punishing them as this virus seems to be most prevalent in liberal states. The same kind of socialistic communism that allowed the FluManchu to spread beyond China's borders is a prime example of how dirty socialism is in general. By the time November rolls around this flu season will have passed. Trump is getting ready to issue all Americans (even the dirty liberals who hate him) some cash assistance. Word is that it could be as much as $2,400 per couple or $1,200 per person. As much as liberals claim to hate Trump they will still take this money and deep down they will know it's Trump who gave it to them since he has the last say on anything after congress places it on his desk to sign.
I would think the Democrats should save their money for the 2024 election because they haven't a chance running someone like Biden, who even though he hasn't got a chance is as arrogant as one can be given the fact everyone knows he is part of the dirty pay-to-play culture. Liberals like Musk and Bezos cashed in billions worth of stock right before this pandemic was officially classified by the WHO, and just recently they found that another dirty liberal in Washington dumped a bunch of stock too. This whole pandemic is nothing more than another Democrat scam like the Russia hoax and then the impeachment hoax. It has Democrat fingerprints all over it and I hope this last salvo by the Democrats gives Trump the power to unroot them all be rid of the Democrats once and for all.
This is the preverbal last straw PowerStroker, the very end of the Democrat party as we know it. Trump now has what amounts to "war powers" and the best part is there isn't any new wars going on. It is beyond despicable what your party has done the past four years and how you have hurt yourselves and other innocent people in your efforts. I think as time goes on there might not even be enough Democrats alive to vote come November!
So enjoy your little political thread while you can PowerStroker. I have little doubt your party is willing to trade in all of their wealth to sink the market for the shot at being in power again, but just remember what the stakes are should you fail - and you will.
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What is to give light must endure burning -- Viktor Frankl
And here is another fact that has not been mentioned by ANY mainstream media outlet, the Democrats were distracting the President since well before Christmas with that sham impeachment stunt!
There can be absolutely no doubt that the Democrats impeachment hoax distracted not only the President, but the entire United States as a whole! The timeline fits and all that time and money wasted on the impeachment effort by the Democrats is what allowed this to happen! You cannot deny it because it is a FACT!
I for one am sick and tired of your dirty politics PowerStroker! Had your party not have distracted the ENTIRE GOVERNMENT with that SHAM of an impeachment stunt you guys pulled we probably would have been even further ahead of this curve!
I hope you guys are finally happy now PowerStroker! Your side has been desperately hoping for something to come along and devastate the markets and now you have it! Are you happy PowerStroker?
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What is to give light must endure burning -- Viktor Frankl
Not one Republican voted for it in the house! How can you call that bi-partisan?
It was a sham, and this coronavirus panic is yet another one.. but you guys are playing right into Trumps hands...
That money he is about to send people is very real, and soon this flu season will be over of course the damage will have already been done. Half the population has probably already had and recovered from the Kung Flu!
Still, the common Flu already kills more people every year than this virus...
But it serves the Democrat goal of making people poor and reliant on government. Democrats don't get elected unless the masses are poor and needy, after this a whole LOT of people are going to be very poor and very needy! I am sure you and your ilk are grinning ear to ear.
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What is to give light must endure burning -- Viktor Frankl
April 6th won't be soon enough for most people who really are needy.
It's actually April 7th at midnight from memory, Eastern std time...
https://ce5film.com/
I can't wait !!!
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"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together". Dwight D.Eisenhower.
"Not one Republican voted for it in the house! How can you call that bi-partisan?"
The House of Representatives is notoriously more partisan than the higher house, the US Senate. As I recall, a certain Republican senator Romney, who was your party's prior nominee for the highest office in the land, voted to convict the current occupant of that office, thereby demonstrating the more thoughtful nature of the Senate.
And it's the Federal Reserve that dictates the economy, not the POTUS, by creating / printing money for circulation. Too much in circulation devalues the dollar, & introduces recession...
And since the Fed is ran off-shore by a few banks in the UK....
"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together". Dwight D.Eisenhower.
Trump was rather grouchy today... cant blame him though, MSDNC and ConCast will do that to ya!
Maybe he saw this one for the first time ?... And shat his pants that all his sponsors have been exposed ?....
Lot's of truth in this one, no wonder it was banned LOL !
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"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together". Dwight D.Eisenhower.
Obama doesn't have a private jet... The Office of the President of the United States does, but really it's the "People's Jet" and allows our president to travel efficiently and safely for official business. If used for non official purposes, the president's party has to reimburse the Department of Defense for its use.
Kinda surprised you didn't know that. But all of this is beside the point of this thread. I'll update it when we have data on how the Biden policies effect the economy.
On Sunday, July 15, 2018 the son of KOgelo, as he is fondly referred to in Kenya, returned to Nairobi, this time round in a private jet christened VistaJet.
The luxurious aircraft is one of many owned by Swiss company VistaJet a global business aviation company that flies government, corporate and moneyed private clients.
-- Edited by Shawnee_B on Sunday 22nd of March 2020 11:52:41 AM
Obama doesn't have a private jet... The Office of the President of the United States does, but really it's the "People's Jet" and allows our president to travel efficiently and safely for official business. If used for non official purposes, the president's party has to reimburse the Department of Defense for its use.
Kinda surprised you didn't know that. But all of this is beside the point of this thread. I'll update it when we have data on how the Biden policies effect the economy.
On Sunday, July 15, 2018 the son of KOgelo, as he is fondly referred to in Kenya, returned to Nairobi, this time round in a private jet christened VistaJet.
The luxurious aircraft is one of many owned by Swiss company VistaJet a global business aviation company that flies government, corporate and moneyed private clients.
-- Edited by Shawnee_B on Sunday 22nd of March 2020 11:52:41 AM
Yep...
The nuke industry looks after the folks that look after them...And we pay for it all, not just in money...
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"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together". Dwight D.Eisenhower.
If Impeached President Trump doesn't like the pressure of his office, he is always welcome to resign.
Had Democrats not wasted three and a half years with the Russia hoax and the impeachment hoax we might have been better prepared! I sure hope all these deaths were worth it for you and your party PowerStroker!
No one can deny that the entire time we could have been focused on China from December thru February we were being distracted by that partisan impeachment hoax! Its really no different than distracting the driver of an automobile!
And FYI its Acquitted President Trump.
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What is to give light must endure burning -- Viktor Frankl
He's still impeached and always will be, he just wasn't convicted because we couldn't get enough Republicans to live up to their oath. And it wasn't our party that fired all of the medical experts and hollowed out our institutions in order to cut taxes. Nor was it our party downplaying the issue from the beginning and pretending it was nothing more than a public relations issue.
There is already blood on Impeached President Trump's hands over this.
No one believes your nonsense and impeached Trump IS your President and will be given four more years come November. All Americans know your party and their games distracted the entire Government with your partisan impeachment hoax when we could have had our eyes on China and the virus!
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What is to give light must endure burning -- Viktor Frankl
"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together". Dwight D.Eisenhower.
Now Rex, this is now Impeached President Trump's economy, and he gets really upset when people say otherwise.
Well lets dig a little deeper into the forever acquitted President Trump...
1st the Democrats tried and failed to accuse President Trump of Russian collusion, wasted a lot of time and money on that and they failed.... Then Democrats tried once more with partisan impeachment hearings in the Democrat controlled House, they succeeded in impeaching President Trump on a 100% party line vote in the house only to have the impeachment forever acquitted in the Senate.
Looking back most "normal" people can see the pattern, and even a child can do the math to realize that this COVID-19 will be the Democrats third strike! Now I am sure to a Democrat they are thinking the third time will be a charm, but they have been so filled with anger they simply do not realize that the American people aren't going to tolerate their political games when it comes to their individual health and wellbeing.
As we watch the market slowly give up hard working Americans retirement plans and savings - no one is impressed. Everyone knows why December of 2019 and January / February of 2020 was not spent focusing on the Chinese virus - it was because Democrats were distracting the entire nation with their sham impeachment hearings! Obama, Biden and a great many Democrats have always been VERY TIGHT with China! And we all know that nobody has come down on China like President Trump. I think the dots connect... you should be ashamed of your party, in fact I think Democrats at the low level (read that as the voters) should distance themselves from the Democrat party before they are considered complicit.
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What is to give light must endure burning -- Viktor Frankl
Just goes to prove that "absolute power, corrupts absolutely"...
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"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together". Dwight D.Eisenhower.
Yes Rastus, this was observed when Obama and the Democrats held a super-majority in congress and rammed a flawed healthcare bill down our throats with Pelosi saying we have to pass this bill to see what's in it! Now they have changed their tune and Schumer is saying that all of a sudden we have to start reading the bills? LOL
It was also on display when the partisan House voted to impeach on a 100% party line! Not even Republicans were ever so bold as to try a stunt like that! PowerStroker will mention people like Romney but we all know he hasn't been right since losing against Obama, much like how McCain lost his mind when he lost to Obama. But hey, the point is the same.
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What is to give light must endure burning -- Viktor Frankl
Clinton was charged with lying to Congress, and I believe he was guilty. Unlike you, I'm not going to instinctively defend someone just because they are in my party. Apparently Romney is the only Senate Republican to hold a similar moral high ground, and I commend him for it.
Fucking Romney... You know I voted for that guy - back when you said he was a POS for his founding of Bain Capital... That is why I was really disappointed when he went against the entire party out of spite.. We seen it before with McCain, who ironically I also voted for..
So the people I have voted for and supported have turned out in the end to be "commendable" according to your own words!
So WTF!? It's safe to say you don't know WTF!
You liberals have really screwed the pooch. In November when Trump wins you will be made to wear the dunce cap and sit in the corner!
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What is to give light must endure burning -- Viktor Frankl
Fucking Romney... You know I voted for that guy - back when you said he was a POS for his founding of Bain Capital... That is why I was really disappointed when he went against the entire party out of spite.. We seen it before with McCain, who ironically I also voted for..
So the people I have voted for and supported have turned out in the end to be "commendable" according to your own words!
So WTF!? It's safe to say you don't know WTF!
You liberals have really screwed the pooch. In November when Trump wins you will be made to wear the dunce cap and sit in the corner!
That's not fair SELLC imo.
PowerStroker is only acknowledging a desirable strength-of-character that these folks displayed, instead of cowering safely under the umbrella of bull-shyte.
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"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together". Dwight D.Eisenhower.
Clinton was charged with lying to Congress, and I believe he was guilty. Unlike you, I'm not going to instinctively defend someone just because they are in my party. Apparently Romney is the only Senate Republican to hold a similar moral high ground, and I commend him for it.
Purgery and also ostruction justice. Yes found guilty, even 38 dems voted guilty. Senate time, did not take him out of office.
It was a fuking blowjob, just say "yes I did" He admitted lately it was one of his worst mistakes.
-- Edited by Shawnee_B on Tuesday 24th of March 2020 12:05:48 PM
If I were him I'd have just plead the fifth. That way he couldn't have been prosecuted for perjury or lying to Congress. Since there isn't a law against infidelity, the issue would have just faded away, oops.
If I were him I'd have just plead the fifth. That way he couldn't have been prosecuted for perjury or lying to Congress. Since there isn't a law against infidelity, the issue would have just faded away, oops.
Very true !
I'd have to say that growing media-pressure, perhaps Hilary, & pressure from the public forced his advisors to have him say "something" I suppose.
Even back then in those times, the media had a power to deceive the public, & "force" stuff on people, innocent or otherwise, fictional or non-fictional...
But the "free press" is absolutely corrupted now-days imo, & so are the people that follow the news, without questioning the contents, & searching out more facts.
"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together". Dwight D.Eisenhower.
In truth it's because the Federal Reserve is printing money and using it to buy tons of corporate stock in order to artificially keep the economy from complete collapse due to covid. I have mixed feelings about it... I appreciate their goal, but I don't appreciate their power to do so. Personally I'd leave it to Congress to decide whether or not the US government should make such purchases with actual treasury funds, rather than the Federal Reserve inventing money from nothing and spending it without any representative oversight.
Funny that it was never an issue under Obama during QE 1, 2 and 3...
COVID is bullshit, I think it's currently on track to kill just as many people a year as the common flu! Check the stats for yourself! People got sick, hurt and old before the days of COVID you know! What few hospitals I ever been to, even before COVID, they were packed! In fact many people were talking about how bad the wait times were in the waiting-room! This was WAY BEFORE COVID.
But I do agree it's not a good idea for Government to be controling what many consider to be the "Free Market", it's really no surprise to me... We were told $1,200 for "Two weeks to slow the spread", it's been eight months!
I am afraid that our current form of Government is broken, but I will get into that on a new thread soon.
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What is to give light must endure burning -- Viktor Frankl