Thread: American Politics
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Today 01:57 #17967
Posts: 605How are you guys not affected by all this?
*sigh*, the amount I'm down in my brokerage account is something akin to a years worth of expenses and cost of living shit. If I had the smarts to sell my mag 7 positions before all this happened, I coulda quit my job and lived off of it for a year at least. Kinda ride this out. Maybe even have a trip or 2 to Thailand. Fuck, this is sad. I'm so so sad.
I don't get how you guys can be so happy in the midst of all this. Do we not all live on the same planet? Aren't we all buying the same groceries? Paying taxes? How are all of you so carefree about all this? We're literally dying here. Going homeless soon for a lot of us. Come on guys. Have some sympathy dudes.
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Yesterday 16:24 #17966
Posts: 4165Originally Posted by Spidy [View Original Post]
Since 2020, food costs for the average restaurant have risen 29%, according to the National Restaurant Association (NRA). Much of that increase has been passed along to consumers, who've seen menu prices go up by 27.2%.
You say that restaurant sales are the best they have ever been. Why you are just stupid if you are paying 27% more at the restaurant and the economy is bad, you dumb consumer. You just do not know how good you have it says the idiot lecturer from Thailand and his sock puppet abroad.
As for this: If higher food costs presented economic challenges for home cooks in 2024, restaurants felt the pinch even more. This past year was marked with a number of major bankruptcies in the food industry, across a range of restaurant types. And it looks like 2025 may bring continued challenges, especially for large chains.
Let's go with the other tried and true Democratic douche model and attack the source. Food and wine? Who the hell are they? Talk about lying. You idiots are lying to yourselves and others.
Originally Posted by Spidy [View Original Post]
That is 55% and does not include Medicaid, Welfare, grants, federal pensions ETC. Given how much interest rates have gone up, two out of every three dollars is probably conservative.
Originally Posted by Spidy [View Original Post]
Originally Posted by Spidy [View Original Post]
And yes Mr. Democratic douche, that you are totally fine with that amount of money going to pay interest on the debt is fine and the nation defaulting on its debt is no shock to me. So we should go even further into debt so your sorry lazy do nothing ass can buy more foreign hookers on the federal credit card?
And what do you suggest we do about this you dumb shit Democratic douche? Just ignore it like you have been doing all this time?
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Yesterday 07:49 #17965
Posts: 5379Links to facts. Ignored by the Republican Racists posting among us!
Originally Posted by Spidy [View Original Post]
Originally Posted by Spidy [View Original Post]
Originally Posted by Spidy [View Original Post]
https://www.cbpp.org/research/federa...tax-dollars-go
Originally Posted by Spidy [View Original Post]
Originally Posted by Spidy [View Original Post]
Originally Posted by Spidy [View Original Post]
OH SHIT! Here is another link:
https://www.washingtonpost.com/techn...racts-funding/
How you like me now?
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Yesterday 07:42 #17964
Posts: 6760War Number 5 for The Man of Peace
Remember when Fux News-watching, Breitbart-reading MAGAs basked in the glory of their lord and savior Trump adding Trillions to the deficit with his one and only economic "stimulus" legislation that created a Million fewer jobs with it than without it, nearly drove all of America's farmers into bankruptcy in his first failed Trade War and Tariffs with China, some rescued only because he issued billions in emergency welfare checks just to keep them afloat, then launched whole-heartedly and fully into laying the groundwork for, ushering in and exacerbating Trump's Pandemic exactly the same way he is trying to create Trump's Pandemic Part 2 this very minute, resulting in the mass murder of at least a Million Americans, millions more around the world, millions upon millions of jobs wiped out, business and school closures, Global Supply-Chains destroyed, the inevitable, unavoidable Inflation that followed, Trillions more added to the deficit, forever degrading the International Mongering scene, etc, etc, etc?
But the icing on that MAGA cake was that their lord and savior was a Man of Peace, that "there were no wars under Trump" and for the love of all that is holy we must have a second go-around of that.
Apparently they plum forgot about that War in Afghanistan thingy that raged right under Trump's nose and continued for every day, hour and minute of his presidency, culminating in his idiotic limp-dick decision to agree to releasing 5,000 America-hating jihadists into Afghanistan, one of which eventually killed 13 American Military personnel in a suicide bombing attack that a full investigation determined was unpreventable given that idiotic limp-dick Trump decision.
So, to recap the Wars that "were happening" and "are happening" under Donald Trump, and only counting the Wars that directly resulted in deaths, maiming, structural damage and destruction and not counting the Trade War Against The World that Trump is engaging in even though Warren Buffet accurately describes that too as "an Act of War", we had and now have:
1. The War in Afghanistan that raged on for every day, hour and minute of Trump's Pandemic Part 1 term.
2. Trump's War Against America and American Democracy On American Soil, the opening bloody battle of which Trump led his America-hating "patriots" on January 6, 2021.
3. The Russia-Ukraine War, which Trump could have stopped " within 24 hours with a phone call, another perfect phone call" but apparently loves to keep it going on and on rather than bother uttering the Magic Words he knows he has at his disposal that will put an end to all the killing, maiming, destruction and suffering immediately.
4 . The Israel-Gaza War, which Trump could have stopped "within 24 hours with a phone call, another perfect phone call" but apparently loves to keep it going on and on rather than bother to utter the Magic Words that he knows he has at his disposal that will stop all the killing, maiming, destruction and suffering immediately.
And now this:
5. Trump's War Against Venezuela.
Yep. He has declared it:
'This Is War', declares Donald J. Trump, Man of Peace.
https://youtu.be/ApUSCgF93k8?si=kf3vkdfF3mjrWQpn
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Yesterday 05:54 #17963
Posts: 1490More denial from the Red Lobster Bankruptcy King...
Originally Posted by Elvis 2008 [View Original Post]
- In 2024 Restaurants are having their biggest year ever. (Here is a reminder in case you forgot...)
2024 will be the U.S. restaurant industry's biggest year ever in sales $1.1 trillion by the end of December, per National Restaurant Association estimates.
Why it matters: The COVID-19 pandemic devastated the restaurant industry, but sales are now far higher than before it started and climbing.
That's despite big financial pressures on restaurateurs, such as tech investments and the cost of labor and food. https://www.axios.com/2024/06/05/res...ng-dining-food
EihTooms's post: http://www.internationalsexguide.nl/...=1#post2951824
(...kkkk!) The FACT that restaurants, were having one the best years in business, since COVID, was obviously lost you. Even today, you're just still to much of a knuckleheaded dumbass, and just don't get or understand the real reason Red Lobster went bankrupt, was due to the unscrupulous highly leveraged deal making and debt imposed, by the Golden Gate Capital, private equity firm (PEF), following their corporate raid, rape and pillage playbook, to a tee.
YOU, are yet another prime example, of the gullible MAGA nation, being bamboozled by the billionaire robber barons, DOGE idealists, corporate bootlickers, hanger-ons and Fuhrer sycophants, chomping at the bit to gut, pillage and rape America, while scapegoating all the necessary MAGA tropes and social villains in the right-wing playbook, necessary to keep their gullible flock chasing their tails, as the billionaires pick your pockets clean.
This is what the MAGA Fuhrer, is doing now to Americans, with his dumbass tariffs, and you don't even realize it or don't care! Funny, you seemed to care a lot more about the working class when Biden was in office? Or was that just all FAKE-ass sympathy?
Originally Posted by Elvis 2008 [View Original Post]
BTW, I would love to take a look at your links, supporting your spurious claims, about 2/3 of tax dollars? Because this is the very thing you MAGA numbnuts, get duped in thinking. When the reality is more than likely your billionaire robber barons are ones getting your 2/3 tax dollars.
Elvis 2008, is the bamboozled gullible MAGA cultist, suited for Michael Lewis's recent book, "Who Is Government?" that provides a powerful counter-narrative to the dismissive and reductive view that government spending is merely a redistribution of wealth to "lazy" individuals in exchange for votes.
"The big myth", he and Musk, love to perpetuate about Social Security, Medicare, Medicaid or education would have you believe, they are nothing more than a "shakedown" and ignores how tax dollars fund critical infrastructure, research, and services that enable private productivity. https://turbotax.intuit.com/tax-tips...pent/L6kinGuUt
Originally Posted by Elvis 2008 [View Original Post]
BTW, Oh wise, Carnac the Magnificent (...kkkk!), as you called yourself, when predicting Biden's recession that never came. Since you're so good at predicting recessions (NOT!) in a great Biden economy, are we going to have a recession in your spiraling American Fuhrer's "great" tariff economy?
- In 2024 Restaurants are having their biggest year ever. (Here is a reminder in case you forgot...)
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Yesterday 04:35 #17962
Posts: 6760Powell got the memo. These guys did not.
Remember that inarguable law of of politics, economics and national security?
Everything Trump Touches Turns To Shit And Dies
The billionaire Trump ass-kissers and those "This is what winning looks like"! MAGA post-election big buyers apparently never got that memo or, worse, got it, read it and either didn't understand or believe it.
Thankfully, Fed Chairman Powell HAS read the memo and watched it in action during Trump's first term, has taken the time to review Trump's entire history and knows to steer clear of doing anything Trump demands that he do when Trump demands that he do it.
Thanks, Jerome.
Zuckerberg, Bezos and Musk each lose more than $23 billion after Trump tariffs spark market meltdown.
https://www.cnbc.com/2025/04/05/trum...ndroidappshare
U.S. stock market has wiped out $9.6 trillion since Inauguration Day.
https://www.marketwatch.com/livecove...p5I5eUhbOGt2Wy
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Yesterday 02:21 #17961
Posts: 5379Originally Posted by Elvis2008 [View Original Post]
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04-18-25 21:13 #17960
Posts: 5379Originally Posted by Sirioja [View Original Post]
The leader of France is writing checks that his military cannot cash. You don't even buy a French Car.
ROTFLMAO!
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04-18-25 20:00 #17959
Posts: 5379You are short. But you don't gamble now don't you E2008?
Trump want lower rates because he does not give a fuck about anyone other than himself. He is a real estate developer that finances his empire on debt. Lower debt. More profits.
By the way, Gold continues to be on a tear. But yet according to E2008 it has no value. Only purchased by those who feel the end is near. I don't think that. I use it as a store of value and as diversification. Price is up nearly 1000 USD / ounce since E2008 first took issue with me because I mentioned it. I would still rather be lucky than good or listen to FINANCIAL ADVICE form E2008. But if you want to buy BONDS, buy BONDS my brother. If you like then I love it. I am just not going to do it.
Originally Posted by Elvis2008 [View Original Post]
Originally Posted by Elvis2008 [View Original Post]
They made a movie about it: Dumb Money. Love that movie right next to Trading Places.
Originally Posted by Elvis2008 [View Original Post]
Originally Posted by Elvis2008 [View Original Post]
Originally Posted by Elvis2008 [View Original Post]
Originally Posted by Elvis2008 [View Original Post]
But over a lifetime of being in the market I have had two individuals stocks go bankrupt and lost everything I invested in them: K-mart and Service Merchandise. You take the good with the bad. Over my investing (or gambling as you see fit) it has been a net plus. A BIG NET PLUS! ROTFLMAO!
Originally Posted by Elvis2008 [View Original Post]
Originally Posted by Elvis2008 [View Original Post]
So you like Buffet? He says: investing is like being in the batters box with no called strikes. You only have to swing at the pitches you like.
But given my age (look for references by HotDog666 for information on that), my perspective has changed a bit. I still am not interested in a 30 year horizon anymore. I'm good with 10 years at a time.
Dividend paying stocks, fuck a BOND. This is the first time I have ever been considering those. BHP is one of my picks. When it price dipped from 50 - 40 that allowed me to pick up more and just like a bond my yield increased. They did not cut their dividend because the stock went down for no particular reason none of the Balance Sheet or Cash Flow Statement items changed. Black man reading financial statements (when he is not being beat down by White Police for mouthing off) up in dis *****. I do so I can get lucky.
But in the long term I am dead. I cannot take it with me. So when my money comes fast like when I was drug dealing, I'm spending it the same way.
Harley Davison having some problems, eh? Maybe Trump can get them back on track after he throws BMW out of the Dis-United States of America. I heard they are looking for a new CEO.
Let me ask you Elvis 2008. You call me a racist. But you have a individual posting up in here saying White Police Officers in the United States of America are racist. Neither you are anyone else posting up in dis ***** has said a word.
Why?
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04-18-25 19:17 #17958
Posts: 5379When you are ready to actually debate the issues, let me know!
Originally Posted by HotDog666 [View Original Post]
Originally Posted by HotDog666 [View Original Post]
Originally Posted by HotDog666 [View Original Post]
Originally Posted by HotDog666 [View Original Post]
If you are not, would you like me to do it for you with my representative or Senator of my State?
Originally Posted by HotDog666 [View Original Post]
Originally Posted by HotDog666 [View Original Post]
Originally Posted by HotDog666 [View Original Post]
So, since that is what you want to do. Check the photo below and tell me if you use this as a lotion, a face moisturizer, or a lube when you are being a International Trick?
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04-18-25 11:36 #17957
Posts: 5379Bmw. Facts!
I don't own the stock or the one of their cars. But E2008 (a lover of all things stupid said and done by the Republican Racists) needs to explain WHY as WhiteHouse official said BMW operations were a scam.
South Carolina officials have leapt to the defense of German premium automaker BMW after White House claims that its South Carolina factory was a scam" that was bad for the US economy.
While White House trade advisor Peter Navarro went on CNBC to criticize BMW and other international automakers with North American operations, BMW fired back from its position as the leading exporter of cars from the US by value.
"This business model where BMW and Mercedes come into Spartanburg, South Carolina, and have us assemble German engines and Austrian transmissions that doesnt work for America, Navarro claimed.It also released a statement confirming it has invested $14.8 billion in the Spartanburg factory, where it employs 11,000 people to make 400,000 vehicles a year, since 1992.
Its major export markets include China, Germany, South Korea, the United Kingdom and Canada, BMWs Board Member for Production Milan Nedeljkovic confirmed.
Plant Spartanburg has been an important location in our production network for over 30 years and is now the largest BMW Group plant globally, Nedeljkovic wrote.
The strong export share of our plant underlines the importance of free trade for the USA. Not only does this benefit our plant, but also the strong supplier network in the region.
Its bad for our economics. Its bad for our national security, he said, claiming that all parts should be made in the US, rather than from international suppliers.
BMWs 8 million square foot plant outside Spartanburg, South Carolina exported more than $10 billion in X3, X4, X5, X6 and X7 SUVs last year, exceeding every domestic US manufacturer. It exports around two thirds of its entire Spartanburg production, and its export value since the factory began is more than $100 billion.
The BMW plant takes its engines from plants in England and Austria and its transmissions from ZF in Germany, but it also draws from 300 suppliers in the US, 60 of which are Tier 1 suppliers. It even opened a new press shop last year to make body panels in South Carolina, rather than shipping hoods, door panels and trunks from Germany.
BMWs US production is mainly exported out of the Port of Charleston, South Carolina, but also from Brunswick, Georgia, Jacksonville or Everglades, Florida or Baltimore, Maryland, as well as by rail.
Even heavyweight South Carolina Republican Senator Lindsey Graham came to BMWs defense, with a statement of support after Navarros attack last night.
BMW has been in South Carolina for over 30 years and has proven to be one of the best corporate citizens in our state, he said.
Their presence is a major benefit to the South Carolina economy, and it is much appreciated.
Both Spartanburg County and neighboring Greenville County voted overwhelmingly in favor of Donald Trump in the 2024 elections, with the sitting President carrying the state with a 17.9% margin over Democratic candidate Kamala Harris.
Greenville voted 63.8% in favor of Trump, while support was even higher in Spartanburg, where 66.2% voted in favor of Trump.
Spartanburg County had been decimated by the 1950s decline of the traditional textiles industry economy before BMWs arrival, and it now also supports a huge range of supporting industries, like French tire-making giant Michelin.
Just how large a benefit BMW is to South Carolinas economy can be measured by the quantity of public officials jumping to its defense alongside Graham, with OneSpartanburg Inc. and the Greenville Chamber of Commerce insisting BMWs arrival sparked a resurgence in the South Carolina economy.
BMW Groups Plant Spartanburg drove Upstate South Carolinas transformation from a declining textile economy to a thriving center of advanced manufacturing, the two bodies said in a joint statement.
Its 26.7-billion-dollar economic impact outperforms other major industries, multiplying across a vast network of in-state suppliers producing parts in Spartanburg, Greenville and beyond.
BMW is responsible for Upstate South Carolinas density of engineering, supply chain, and logistics jobs, and has contributed to drastic quality of life and infrastructure improvements across our region.
The region now includes major presences from BMW, Michelin, Mercedes-Benz, Boeing, Volvo, Scout and defense supplier Oshkosh.
To put it simply, BMWs approach has worked for Upstate South Carolina for nearly four decades," they said.
"The people of our region, state and nation have prospered due to BMWs investment, and in turn, those people have helped BMW build its most productive manufacturing facility in the world.
Their thoughts were echoed by statements from the South Carolina Manufacturers Alliance President and CEO, Sara Hazzard, who took pains to point out the impact Navarros statements had on South Carolina families.
South Carolina Manufacturers Alliance President and CEO Sara Hazzard also had thoughts on Navarros comments.
Thousands of families depend on the jobs generated by this billion-dollar industry, which has transformed our state in the eyes of the world for over half of a century, Hazzard wrote.
We are proud of our automotive manufacturers and suppliers who make everything from tires and transmission and powertrain components to seats, bearings, door panels, mirrors, exhaust systems and brake parts.
"The economic development momentum this generates makes us the envy of our neighbors and gives the business community and policymakers alike something to brag about.
BMW is also expanding the plant, investing another $1.7 billion to evolve it to assemble electric cars and to make high-voltage EV batteries in neighboring Woodruff.
E2008 can take his personal insults and lies and go pound sand with them on a beach in the USA. He needs to turn in his passport and FUCK American if wants to support the country instead of spending all of his time and money on Colombian Prostitutes.
I ignore facts E2008? Two middle fingers up to your and your Republican Racists. Remember if you have me on ignore but can tell everybody what I said. Then take me OFF of ignore and quote instead of simply giving your interpretations and outright lies about what I said.
Remember, I do not care about the policies of the Republican Racists. What I care about is that they follow the RULE OF LAW! Because without that the Dis-United States of America that I grew up in disappears.
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04-18-25 11:03 #17956
Posts: 4165Originally Posted by NewtonYork [View Original Post]
I am on the opposite end of your trade. The short of the stocks you own is the symbol SQQQ, and I have been chewing on it for a while. That is a triple negative on the NASDAQ. Unlike SC, I do not go around bragging about it being up. The reason I am short is the same reason Warren Buffett got out of the market: it was way too expensive, and it still is.
Thing about being short versus long is you have to get the timing right. I scoured what was the best symbol for a short term down turn or upturn in the economy, and I have settled on jobless claims. Unlike the shrieking Tooms and hysterical CNBC, the numbers are actually good. https://www.zerohedge.com/markets/wh...anged-nov-2021.
Just 221 k Americans filed for jobless claims for the first time last week. A number that is the same level as it was in November of 2021.
Or are these CEOs simply asleep at the wheel. If you were the most terrified since Lehman. Wouldn't you be firing people?
End of link.
If all I relied on was presidential politics as a gauge, I would say they will stay good but IMO the job numbers are not going to stay good, and I am not going to add to my SQQQ position until they do get worse. Once they get worse, you will be kicking yourself for not having sold once the Fed lowers rates. That is your exit, and you should take it.
Short term the market is a voting machine, and I could give a damn how anybody does with that. It is like flipping a coin. Everyone on line only talks about their winners and never their losers. I expect my position to take a short term hit, but the reason I am confident is that I focus on the long term and long term the market is a weighing machine. Tell me what something should cost not what it does or that you are sure it will go up. That is the difference between investing and gambling.
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04-18-25 02:45 #17955
Posts: 5379Get a mirror; look into it; take responsibility for your actions!
I hate that I bought NVDA and that I own APPL, AMZN, MSFT and GOOG. I ain't got no luck fellas *sigh*.
ROTFLMAO!
The beauty of the market is that it does not tolerate bullshit. E2008 can say I am lucky all he wants. He is talking. I am growing my capital. So, he can talk to my hand. I'll invest in the Stock Market. Guess which one is going to make me more money. Because I know how to enter and exit the market. I relentlessly take profit.
Let's not even talk about Bitcoin. Lack of understanding leads to losses. Best stick to BONDS like E2008!
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04-18-25 01:34 #17954
Posts: 605It sucks, and not in the good way
I hate that I bought NVDA and that I own APPL, AMZN, MSFT and GOOG. I ain't got no luck fellas *sigh*.
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04-17-25 23:43 #17953
Posts: 208As we discussed earlier:
https://vm.tiktok.com/ZNdFTmJx3/