Thread: American Politics
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04-30-22 03:01 #8100
Posts: 3228Originally Posted by DramaFree11 [View Original Post]
The other strategy is getting Putin out. He thinks if he gets Putin out, all will be well. Sadly, that is how the Washington dummies all think. They make other world leaders into these demons and think by getting them out, everyone will cheer them. But getting these demons out usually changes nothing and often times makes things worse.
I am reading headlines now about how to win a nuclear war which means Biden is putting defense contractors first and everyone else second. The defense contractors want a prolonged conflict and Putin is spending money to make sure there is one. Instead of pushing for an end to the war, Biden wants a conflict that drains Russia.
I cannot think of a bigger waste of money than war and a dumber headline that winning a nuclear war.
Biden is literally doing everything wrong economically. The only thing he has done positive to date was not push Russia into a nuclear conflict, but I am not sure how long even that will last.
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04-30-22 02:31 #8099
Posts: 5452But low, sell high beats the market
Originally Posted by Elvis2008 [View Original Post]
The latter is what the fund I have owned, bought and sold for decades tracks. The Vanguard Total Stock Market Index Fund. Well, I tend to rebalance that one at about 90% of my equity holdings with a Global Equity Fund at about 10%.
There has been little reason to take individual stock risks over the decades in order to do well in the market and numerous studies have shown it is a superior way to win in the market for most investors anyway. Unless you just enjoy researching, speculating and working on it every day or week, in and out and all that stuff. I don't. But name a stock, yeah, I own it too.
Remember the million dollar bet Warren Buffet made that a simple investment in a broadly diversified Index fund would beat some 80% or more of actively managed portfolios? He won that bet.
Naturally, as anyone would know, a simple "buy and hold" strategy of such a fund can only match the market, minus a fraction of 1% for fees and such, which historically is still quite good and still beats the majority of actively managed funds and portfolios with no effort at all.
However, in order to do even better, to beat the market, it will depend on if and when you buy and if and when you sell, right? That is what I did as well. I did not just "buy and hold. " I managed to accurately prognosticate a couple of market tops and market bottoms over the decades and shifted my money into a money market safe haven at or near the top, wait out the decline and bought back in at or near the bottom.
Buy low, sell high, you know. That can be done for a fund within a tax deferred instrument like a 401 k or an IRA just about as easily as it can be done with any individual stock. Oh, not on an hourly basis throughout the day and that kind of craziness. I had other things to do for the day. You can do it on the close of the market session.
On the Nasdaq thing, I'm sure even you must be able to figure out an index is not useful as a meaningful measure of the total USA stock market just because it has some big stocks in it. In fact, the more narrow the index and bigger the stocks in it, the least useful for that purpose it is likely to be. But it is a fine measure for how those particular big stocks are doing on an hourly basis. If that matters to you.
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04-30-22 02:24 #8098
Posts: 2579Great examples all 3 of them
Originally Posted by PVMonger [View Original Post]
They should never be trusted with power, they are all poor trash.
And sold this country out for a few pennies.
All 3 belong in the same cell so they can ass fuck each other for the next 30 yrs.
Instead of fucking the American people.
Case in point Bozo just gave Barry Hussein 100 million WTF how the fuk is that legal?
Not for nothing I might add.
But for being a good little uncle tom house slave, now sit in the corner and keep your mouth shut.
Like the good little ***** he is!
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04-30-22 02:07 #8097
Posts: 2579Funny
Originally Posted by PVMonger [View Original Post]
And this country is still fucked up to this day from the damage that worthless white trash cracker was allowed to do.
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04-29-22 23:54 #8096
Posts: 1956Originally Posted by EihTooms [View Original Post]
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04-29-22 22:00 #8095
Posts: 2579He auditioning for a job
Originally Posted by DramaFree11 [View Original Post]
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04-29-22 21:58 #8094
Posts: 2579Originally Posted by EihTooms [View Original Post]
https://www.newyorker.com/news/our-c...tion-and-biden
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04-29-22 21:50 #8093
Posts: 3228Originally Posted by EihTooms [View Original Post]
You know what would be great? You list all your investments right here EIH. I told you what I was have. They were up between 8 and 10% today.
There is no way someone as clueless as you made enough money in the market to retire. Tell me what you own right now and how you are betting on the Biden boom and what you had with Trump. I need the laugh.
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04-29-22 18:10 #8092
Posts: 2794Originally Posted by EihTooms [View Original Post]
I am hoping Biden and his crew get it together or better get someone in that can help them. Let's wait 3-6 months, unfortunately it is not looking good.
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04-29-22 14:17 #8091
Posts: 1604Originally Posted by MarquisdeSade1 [View Original Post]
Oh, wait. I know what you're thinking! Getting a BJ destroyed the country!
This is typical rightwingnut thinking. Give the Orange Buffoon a pass for fucking Stormy while Melanoma was taking care of baby Barron. Give the Orange Buffon a pass for lying about the $130,000 payment to Stormy too. Give the Orange Buffoon a pass for lying about COVID. Give the Orange Buffoon a pass for making over 30,000 "false or misleading statements" during his four-year reign of terror. Give the Orange Buffoon a pass because he can't even correctly say the name of his own (failed) social media platform.
But by all means say that Clinton destroyed the country by getting a hummer and trying to weasel his way out of it.
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04-29-22 11:37 #8090
Posts: 5452The NASDAQ?
Originally Posted by Elvis2008 [View Original Post]
Your go-to Index (until now), the DOW, just closed down 8.5% from its all time record high close.
The S&P 500 Index just closed down 11% from its all time record high close.
The broadest of all the USA stock market Indexes, the Wilshire 5000 Index, just closed down 12.5% from its all time record high close.
Nobody uses the tech-laden, highly volatile, Index on steroids NASDAQ as a serious measure for then USA stock market.
The former three are all now in either ordinary sell-off or low, health-restoring Correction territory.
Why not wait a month or so until we get the 1st or 2nd revision on that quarterly GDP growth number? It might go lower! It depends on how effective Biden's welcome reduction in military spending vs last year has been. The more effective it has been, the lower that number might go.
See, that was the secret to Reagan's increase in GDP growth /"improved the economy" when we finally dug and spent ourselves out of his Great Reagan-Repub Recession; massive increases in military spending.
Cut it, as Biden did, and you will see a reduction in GDP growth.
And, of course, the world is still struggling with Trump's Pandemic Supply Chain Destruction Inflation along with Trump's boyfriend's stupidest of all stupid wars in Europe for which he has achieved exactly none of his stated objectives and appears ready to spend years losing.
Not sure how the rest of your post doesn't make Trump look like a limp-dick weak defender of democracy and Biden a tower of strength in defense of it, but thanks for posting it anyway.
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04-29-22 08:09 #8089
Posts: 5452No. Really?
Originally Posted by MarquisdeSade1 [View Original Post]
Oh, and the Rouble is hitting a 2-year high, is it? You mean it is actually squeaking out a gain over what it was 2 years ago when Trump's horrific economic and national security stewardship had flushed most worldwide economies down the shitter after carefully and systematically paving the way, laying the foundation and creating Trump's Pandemic?
Impressive.
Now, unless my math is wrong, 20 years is greater than 2 years, is that right?
Dollar pauses for breath, eyes best month in a decade
https://www.cnbc.com/2022/04/29/fore...ndroidappshare
The dollar edged off a 20-year high on Friday, but was within sight of its best monthly gain in a decade, buoyed by bets on rising U.S. interest rates and worries about growth in Europe and China.
The yen was last at 130.53 per dollar after falling as low as 131.25 on Thursday following the BOJs pledge to buy endless amounts of bonds daily as needed. The yen is down almost 7% in April, its worst month since November 2016.
The U.S. dollar index, which hit a two-decade high of 103.93 in the wake of the yens tumble, was last at 103.40 and up more than 5.1% through April. If sustained, that would make for its best monthly gain since May 2012.
Well, now that Biden was remarkably successful in distributing and administering the vaccines Trump spent almost all of critical year 2020 trying to convince the world nobody needed to invent or take and international travel is reopening quite a lot, that 20-year high exchange rate will really be a blessing for USA citizens holding dollars.
Say it with me; "Thanks, Joe, Nancy, Chuck, the Dems and everyone who voted for them."
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04-29-22 01:39 #8088
Posts: 5452A new economic data point?
Originally Posted by DramaFree11 [View Original Post]
Very strange.
For example, it isn't my "opinion" that Carter's economy produced jobs in numbers and percentages that dwarfed those of Reagan on an annual average basis, that the unemployment rate and inflation both began to trend downward decisively month over month almost a year before Reagan took office, that Carter's mini recession, purposely induced and controlled specifically to cool down an overheated economy that was producing far more jobs than there were applicants to take them, began and ended over the course of barely 2 consecutive quarters in early 1980 and did not continue into late 1981 when Reagan's Great Recession began and so on.
No, the credible economic data source links I have provided here several times and just did again show exactly those things happened. No amount of subsequent election results, popular poll numbers or MSM spin can change them.
So too with Biden's amazingly positive economic, national security and foreign policy results just 15 months after the worst and most challenging Repub-to-Dem handoff in history.
But as long as we are talking about the way the economy makes Americans "feel" regardless what the facts state, let's add this Gallup poll from less than three months ago to the one posted recently showing 58% of American adults judging the economy just 15 months later being Fair, Good or Excellent:
Satisfaction With Own Life Five Times Higher Than With U.S.
https://news.gallup.com/poll/389375/...es-higher.aspx
Yeah, it looks like about 85% feel quite satisfied with how things are going for them personally no matter how hard the typically pro Repub Mainstream Media tries to convince them otherwise about the economy in general.
Interesting, isn't it?
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04-29-22 00:57 #8087
Posts: 5452House of Cards 2008, not 2000
Originally Posted by MarquisdeSade1 [View Original Post]
And that is aside from the fact that not having Glass-Steagall or having 1000 of them in place instead of its replacement Gramm-Leach-Bliley in place had practically zero to do with Bush2's Great Repub Crash 9 years later.
No regulation would have prevented it if the economic steward at the top, Bush2, had no interest in enforcing "evil regulations", particularly regarding banks and investment organizations which is why his Office of Thrift Supervision in his Treasury Department supervised nothing, checked nothing, did nothing and presented nothing for congressional oversight all during the years those liar loans were being made. Um, that was the department charged with preventing those liar loans from sailing through unrestricted. The one under Bush2 or any other Repub would not have enforced Glass-Steagall or bothered to do one damn thing to stifle the one and only economic "accomplishment" throughout their boss' 8 year term; a slight and as it turned out, temporary, uptick in homeownership.
Name a banking regulation proposed and diligently enforced by Repubs before or since Reagan wannabe Bush2's Great Crash and Recession.
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04-29-22 00:17 #8086
Posts: 1604All the polls you've seen
Originally Posted by CaliGuy [View Original Post]