American Politics

[DramaFree11]

Why did I go short? Was it due to some graph shape?

No, it was due to retirement accounts being filled in April, an inverted yield curve, the fed selling assets from its balance sheet, the fed raising interest rates, and lastly the complete incompetence of the Biden administration.

Kevin O'Leary AKA Mr. Wonderful from Shark Tank was on a CNBC show and said that Biden could get oil to less than $100 a barrel if he green lighted the keystone pipeline, announced that he would license 3 refineries on the East Coast, and gave direction on how carbon production is going to be dealt with.

And here is the thing: I totally agree with that.

The CNBC host said if you think Biden will do that, I have a bridge to sell you.

And I totally agree with that too. Biden's latest stupid move was to blast refiners for making money like that is going to do anything.

It is hilarious to me that you are so dumb you do not get that when money is being pulled from the market, it will go down. When the government and Fed were spending and printing money, the market went up. The Biden rally was due to free money not smart policies.

And when you print free money and increase its supply, the value of assets and goods go up AKA inflation which we have now.

And the best line I heard was the Fed's dual mandate was not unemployment and inflation but the NASDAQ and S&P 500.

And I was short oil when Obama was in office because he had competent policies, and oil production soared while he was in office. When it comes to oil (and almost everything else), his administration is totally incompetent. All they do is finger point.

Yep, you forgot to mention the latest aid package to Ukraine, another great decision. Why anyone would attack the oil companies now, make zero sense, he needs to find a solutions, but this is what democratic's due, they love to blame everyone, but themselves. Everything he touches goes to shit. The layoffs and the cutbacks are coming next. This totally sucks!

[DramaFree11]

President Biden delivered on the promise of bringing the country together. Now all Americans, irrespective of party affiliation and except for the top 1%, are suffering and sinking collectively.

"CNN reporter says Biden worse than Jimmy Carter on inflation, Americans holding him responsible".

https://www.foxnews.com/media/cnn-re...im-responsible

"All of Joe Biden's stock market gains have evaporated".

https://www.cnn.com/2022/06/14/inves...ket/index.html

"Biden acknowledges inflation sapping the strength of a lot of families".

https://www.cnn.com/2022/06/14/polit...ion/index.html

Who's not missing mean tweets now? Please raise your hand, Thank you!

Yes, so sad. He is a joke and the people he is surrounding himself with are even worse, maybe they will wake up before it is too late, but I really doubt it.

[EihTooms]

Why did I go short? Was it due to some graph shape?

No, it was due to retirement accounts being filled in April, an inverted yield curve, the fed selling assets from its balance sheet, the fed raising interest rates, and lastly the complete incompetence of the Biden administration.

Kevin O'Leary AKA Mr. Wonderful from Shark Tank was on a CNBC show and said that Biden could get oil to less than $100 a barrel if he green lighted the keystone pipeline, announced that he would license 3 refineries on the East Coast, and gave direction on how carbon production is going to be dealt with.

And here is the thing: I totally agree with that.

The CNBC host said if you think Biden will do that, I have a bridge to sell you.

And I totally agree with that too. Biden's latest stupid move was to blast refiners for making money like that is going to do anything..

I can't believe [Deleted by Admin] you work so hard doing due diligence for your shorts, who said what, what might happen this month, etc yet have done no due diligence on how your typical Great Repub Recession will always require government spending to pull us out of it, which will likely produce inflation. LOL. Do you actually think brave free market "job creators" are going to jump in and do it before the government does? Like when? And Trump's economic decisions that plunged worldwide economies into paralysis for 2 years definitely required massive government intervention and spending.

You don't like inflation as high today as it was at the end of Reagan's first year in office while his typically disastrous Repub economic stewardship was also driving up the Unemployment Rate (which had been trending downward for months before he took office from a one month peak in mid 1980 of 7. 8% and continued to trend downward deep into his first year in office) to almost 9% and would soon top 10%+ for almost a full year?

Here's your due diligence on that; stop voting for Repubs or anyone other than Dems and there will be scant few if any massive economic downturns, hundreds of thousands of businesses destroyed, jobs wiped out by millions etc in your lifetime for which inflation-triggering government intervention spending will always be required to pull us out of it.

Now, see, you just underscored a huge difference between the kind of Long Term investing I have done for the past 30 years and the in-out, shorts, daily if not hourly scrambling due diligence you are up to all the time like you really need the money and quick, more than likely to recoup losses from previous higher risk short term in and out timing bets that didn't happen to work out so well.

While you've been busy scrambling around, contacting financial advisors, reading this and that report to catch a lead on where, when and how to toss the dice next in order to score a fast and desperately needed buck, you know, "Luck, be a lady tonight! Baby needs a new pair of shoes" my Long Term investing over the past 30 years has already long ago bought and established enough of a no risk income stream to fully fund a ridiculously comfortable retirement where the only due diligence I bother to muse on is will I have pizza for lunch and steak for dinner or the other way around and will I have the freebie 19 year old cutie just learning to give a great, full and complete blowjob or the lovely 22 year old honey with a delightfully snug and warm vagina for the evening.

I don't even need to check what the stock market is doing this hour, day, week, month or year or worry about where it and this or that sector will go next.

Those are two very different life and investment choices.

[ScatManDoo]

I was under the impression that FDR was dead by the end of WW2. Prehaps you meant pre WW2?

Under the impression?

Not Certain?

Look at my prior post, when I state that fact.

Can't find my missing post?

Why was it removed?

[Gino02]

President Biden delivered on the promise of bringing the country together. Now all Americans, irrespective of party affiliation and except for the top 1%, are suffering and sinking collectively.

"CNN reporter says Biden worse than Jimmy Carter on inflation, Americans holding him responsible".

https://www.foxnews.com/media/cnn-re...im-responsible

"All of Joe Biden's stock market gains have evaporated".

https://www.cnn.com/2022/06/14/inves...ket/index.html

"Biden acknowledges inflation sapping the strength of a lot of families".

https://www.cnn.com/2022/06/14/polit...ion/index.html

Who's not missing mean tweets now? Please raise your hand, Thank you!

[Elvis 2008]

You still don't know the difference between Long Term investing and Short Term / Speculation / Day Trading / Gambling, etc.

Wow.

And after I urged you to open your notebook to page one to review it.

Y[Deleted by Admin]

Why did I go short? Was it due to some graph shape?

No, it was due to retirement accounts being filled in April, an inverted yield curve, the fed selling assets from its balance sheet, the fed raising interest rates, and lastly the complete incompetence of the Biden administration.

Kevin O'Leary AKA Mr. Wonderful from Shark Tank was on a CNBC show and said that Biden could get oil to less than $100 a barrel if he green lighted the keystone pipeline, announced that he would license 3 refineries on the East Coast, and gave direction on how carbon production is going to be dealt with.

And here is the thing: I totally agree with that.

The CNBC host said if you think Biden will do that, I have a bridge to sell you.

And I totally agree with that too. Biden's latest stupid move was to blast refiners for making money like that is going to do anything.

It is hilarious to me that you are so dumb you do not get that when money is being pulled from the market, it will go down. When the government and Fed were spending and printing money, the market went up. The Biden rally was due to free money not smart policies.

And when you print free money and increase its supply, the value of assets and goods go up AKA inflation which we have now.

And the best line I heard was the Fed's dual mandate was not unemployment and inflation but the NASDAQ and S&P 500.

And I was short oil when Obama was in office because he had competent policies, and oil production soared while he was in office. When it comes to oil (and almost everything else), his administration is totally incompetent. All they do is finger point.

[GDreams]

While I was getting my degree in economics from one of the Universities of California.

We were shown that the most successful post war economies were run in a very flexible manner.

Limited resources that got shuttled from one needy place to another needed place.

Flexibility, flexibility, and more flexibility.

FDR's post WW2 economic policies were far too stiff.

Moron.

I was under the impression that FDR was dead by the end of WW2. Prehaps you meant pre WW2?

[EihTooms]

Second I didn't say anything about supply side economics apart from that Reps used it. (edit) I didn't say I thought SSE did or did not work. I simply said that the Dems were likely to do better on the issues that they target themselves bcos the Reps don't use those same targets.

I think the part that strongly suggests Repubs' consistently failed Supply-Side / Trickle-Down policies work is where you say "Historically the Reps use supply side economics that favour business".

That Repub policy has been quickly followed by major economic declines and massive job losses as often and predictably as night following day. And I don't know which one of those Great Repub Depressions / Recessions "favoured" business at all much less as much as the Dems' opposite agenda favoured workers, consumers and, consequently, business in truly historic fashion over the decades.

The Repubs certainly talk a good game about how their favorite SS / TD policies combined with cutting regulations and so on are surely "pro business. " But in at least 100 years that has yet to happen rather than one disastrous major economic decline after another with businesses collapsing, failing, laying off employees and closing their doors in droves.

[EihTooms]

And now we have proof of the genius concept of investing based on who is in office. I went to triple shorts starting in April and am up 50%. Fully invested Eih AKA the self proclaimed Milton Friedman is down 20% after being fully invested in this market. This is a difference of 70%. You would think given the difference in such a score Milton would shut up, but he is still rambling on about his beloved Dems.

The issue now is people are still spending like drunken sailors and they believe the government which just handed out free money will do it again. They do not get this was s one time deal.

You still don't know the difference between Long Term investing and Short Term / Speculation / Day Trading / Gambling, etc.

Wow.

And after I urged you to open your notebook to page one to review it.

I was down about 20% in 2018, Trump's second year in office as well. Remember that one? In that Bear Market decline in the broad USA market Trump's disastrous economic decisions hadn't yet even begun to mass murder Americans, wipe out millions of jobs, destroy global economies and supply-chains, trigger the inevitable inflation on the recovery, his boyfriend had not yet blundered into the dumbest war and oil supply disruption event of all time and so on.

No, that 2018 Bear Market decline was simply the result of typical crap Repub economic "stimulus" legislation and stewardship. Trump's next Bear Market decline, a much deeper one in 2020, happened as a result of those other economic decisions of his minus the boyfriend bit.

But guess what. We Long Term investors who were already fully invested in the broad market recovered from those two Trump Bear Market declines over just two years and were there for the all time record closing highs under Biden in the following year. Just as we will after this Bear Market decline not yet in the Dow, your favorite measure, BTW.

And I didn't even need to run to a highly paid "financial advisor" to figure out what to do about a Long Term investment I barely need to pay attention to at all until 5, 10 or maybe 15 years from now when I might want to buy something big or give it away to a favorite Thai honey.

[Gino02]

Biden-Harris administration announces new and truly innovative plan to win the 2024 presidential election. They requested Trump (with AOC as VP) to take over immediately so that they can again blame Trump and his cronies for everything, and thus win the 2024 election easily with all-main-in ballots.

[JustTK]

Here is what you said "Historically the Reps use supply side economics that favour business, so you would expect the Dems to do better on the factors that they target."
First, I assume that you meant to say "historically" and were simply too lazy to correct your error.

First thanks for correcting my spelling error which was already spelled correctly.

Second, you alluded to the fact that "supply side" economics worked. It is right there in black and white: "so you would expect the Dems to do better on the factors that they target. " In other words, if "Dems do better on the factors they target", Repubs do better on the factors "they" target.

Second I didn't say anything about supply side economics apart from that Reps used it. [Deleted by Admin]

I didn't say I thought SSE did or did not work. I simply said that the Dems were likely to do better on the issues that they target themselves bcos the Reps don't use those same targets.

Anything else you want to put in my mouth while you have my attention?

[MarquisdeSade1]

Exactly. Why do you think most corporations (except for few like My Pillow) hates Trump? Because he refuses to be a puppet of these corporations that controls the American politics. Because he refuses to start any war. Because he believes in diplomacy over wars. Because he cares about how your 401 K performs. Because he cares about keeping prices affordable for the citizens. The list goes on.

https://www.aol.com/news/pope-critic...5OETM5Gklaj9EA

He agrees that Putin was provoked into fighting, but thinks he's being a meany LOL.

He just needs to be kinder so the west wins LMAO.

Never bet against the Russians, they are the salt of the earth!

[Gino02]

Pope Francis says Ukraine war "perhaps somehow either provoked or not prevented".

https://www.cbsnews.com/news/pope-fr...not-prevented/

He said that months before the war, a head of state warned him that NATO was "barking at the gates of Russia," and that Russia would not tolerate it, which could lead to war.

Do we need to investigate if it was Biden or Trump who made NATO to provoke Russia to start the war? LOL.

[ScatManDoo]

Yes, I didn't look so closely at those bcos I assumed they would be correlated and, well, I have a life. Hehe. Historically those are the factors that the Dems used to run on and target. Histroically the Reps use supply side economics that favour business, so you would expect the Dems to do better on the factors that they target.

Let's look a little at a different measure. GDP - check out this report - https://www.thebalance.com/democrats...conomy-4771839.

Obvioulsy FDR is the clear winner bcos he was pres during the economic vacuum post WW2.

While I was getting my degree in economics from one of the Universities of California.

We were shown that the most successful post war economies were run in a very flexible manner.

Limited resources that got shuttled from one needy place to another needed place.

Flexibility, flexibility, and more flexibility.

FDR's post WW2 economic policies were far too stiff.

Moron.

[Elvis 2008]

Uh. Carter's was barely a blip on the screen by comparison. And his was probably closer to "life-altering" than any of the other two Dem-related ones of the past 100 years you mentioned. LOL. The "'37" recession and post WWII recession were as minor and forgettable as Biden's minor GDP Growth contraction that is so far as close to flat as it is to even a 3% contraction.

Carter's handoff to Reagan was still better than any Repub to Dem or even the Repub to Repub (1988) handoff of the past 100 years. Dems can only dream and wish they could ever enjoy the economic conditions, trends and trajectory Reagan inherited from Carter in a someday, faraway future Repub to Dem handoff.

And now we have proof of the genius concept of investing based on who is in office. I went to triple shorts starting in April and am up 50%. Fully invested Eih AKA the self proclaimed Milton Friedman is down 20% after being fully invested in this market. This is a difference of 70%. You would think given the difference in such a score Milton would shut up, but he is still rambling on about his beloved Dems.

The issue now is people are still spending like drunken sailors and they believe the government which just handed out free money will do it again. They do not get this was s one time deal.