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  1. #17967

    How 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.

  2. #17966
    Quote Originally Posted by Spidy  [View Original Post]
    (...kkkk!) Do you NOT KNOW when to stop telling lies? Much like your MAGA Fuhrer, you just can't help yourself!.
    How do you spin this obviously glaring issue that was totally due to Biden? https://www.foodandwine.com/restaura...s-2024-8766201.

    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.

    Quote Originally Posted by Spidy  [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.
    LOL. If you paid attention to jack shit, this would be easy. Let us go with three items: Social security is taxed at approximately 13%, Medicare at 3%, and the last one is payment on the national debt. 39% of all tax revenues go to pay interest on the debt. https://www.fox29.com/news/how-much-...-national-debt.

    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.

    Quote Originally Posted by Spidy  [View Original Post]
    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 that government spending is merely a redistribution of wealth to "lazy" individuals in exchange for votes.
    That is powerful? LOL. If you say so. If government was not such a drain, such an explanation would not be necessary. Yes, govenment that sucks up 20% of GDP does do some good. Does it do enough good to justify that much money? Hell no!

    Quote Originally Posted by Spidy  [View Original Post]
    BTW, Oh wise, Carnac the Magnificent 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?
    I did not say it would happen with Biden. In fact, I have said when I predict things it is not based on the when but the how. Yes, if the amount of tax dollars going to interest payments keeps going higher and higher, and the only other person I have seen talking about this is Elon Musk, there will be a recession or worse. Historically, when the percent of tax revenues going to interest payments exceeds 30%, default is thought to be inevitable, and we are past that.

    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?

  3. #17965

    Links to facts. Ignored by the Republican Racists posting among us!

    Quote Originally Posted by Spidy  [View Original Post]
    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.
    That is what the Republican Racists are best at.

    Quote Originally Posted by Spidy  [View Original Post]
    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?
    Those who cannot think for themselves are destined to have others think for themselves. People are looking to be rescued. The Republican racists are giving the hope by blaming others in order to distraction from the greatest income / wealth distribution inequality in the entire world.

    Quote Originally Posted by Spidy  [View Original Post]
    Yet another idiotic comment, reducing everything to a dollar figure, when it comes to government. Not everything in gov't can be or should be reduced to a dollar figure.
    Our Republican Racists make the statements, tell the lies, but then do not back anything up with facts.

    https://www.cbpp.org/research/federa...tax-dollars-go

    Quote Originally Posted by Spidy  [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.
    Here is one for you Spidy. Let's see if the Republican Racists among us address it.

    Quote Originally Posted by Spidy  [View Original Post]
    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.
    FACTS, nah the Republican Racist don't want no facts.

    Quote Originally Posted by Spidy  [View Original Post]
    "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
    Let us not forget that Musk has built not one but to billion dollar business directly on the back of decades of government research and then received DIRECT support for his businesses.

    OH SHIT! Here is another link:

    https://www.washingtonpost.com/techn...racts-funding/

    How you like me now?

  4. #17964

    War 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
    Attached Thumbnails Attached Thumbnails Screenshot_20250217_060948_Photos.jpg‎   Screenshot_20250418_122519_Facebook.jpg‎   Screenshot_20250418_145550_Facebook.jpg‎  

  5. #17963

    More denial from the Red Lobster Bankruptcy King...

    Quote Originally Posted by Elvis 2008  [View Original Post]
    Dude, I do not have to be an all time great investor. I can look at a balance sheet and earnings report and see Red Lobster lost more money in 2020 under Trump than any other year. More importantly, the only reason Red Lobster came up is that it went broke under Biden as did a lot of restaurants, and that fact completely did not jibe with the complete bullshit you and your fellow trolls abroad were spewing about how great the USA economy was. People who actually live in the USA saw few new restaurants being built and many going under and you and your fellow Democratic douches were lecturing us on how great restaurants were doing. LOL.

    Interest rates went up under Biden, and the bottom 50% in debt had to pay more interest under Biden than Trump. So yeah, the top 10% who owned stocks did great while the bottom 50% got fucked. Again, you just ignore basic math.
    (...kkkk!) Do you NOT KNOW when to stop telling lies? Much like your MAGA Fuhrer, you just can't help yourself!
    • 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?

    Quote Originally Posted by Elvis 2008  [View Original Post]
    As for this latest idiotic rant about how great government is, let me put out one statistic to show you how full of it you are. Two out of every three paid tax dollars does not go to any government service whatsoever. It is redistributed to lazy asses like yourself. Got that? Two in three tax dollars goes to someone else. So yeah, of course, you are going to go on about how great government is when it shakes down productive people and pays your lazy ass for your vote.
    Yet another idiotic comment, reducing everything to a dollar figure, when it comes to government. Not everything in gov't can be or should be reduced to a dollar figure.

    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

    Quote Originally Posted by Elvis 2008  [View Original Post]
    And after listening to you douches who live abroad, I think there should be a movement to not let people who live abroad vote unless they are in the military. Because the only issue you douches care about is that the government keeps sending you checks. You do not give a fuck about the condition of the country.
    See my previous comment about your FAKE-ass sympathy?

    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?

  6. #17962

    Powell 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
    Attached Thumbnails Attached Thumbnails Screenshot_20250418_145550_Facebook.jpg‎   Screenshot_20250405_101223_Facebook.jpg‎  

  7. #17961
    Quote Originally Posted by Elvis2008  [View Original Post]
    The first was the fight between Trump and Fed chief Jerome Powell. He should be looking at his own data versus the media hysterics that Tooms is looking at and be cutting rates.
    Sometimes a cartoon says it best!
    Attached Thumbnails Attached Thumbnails Rate Cuts.jpg‎  

  8. #17960
    Quote Originally Posted by Sirioja  [View Original Post]
    When stupid Trump failed, but just able to suck Putin, now Rubio come to EU for Ukraine.
    France and the rest of the EU has been slacking when it comes to defense.

    The leader of France is writing checks that his military cannot cash. You don't even buy a French Car.

    ROTFLMAO!

  9. #17959

    You 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.

    Quote Originally Posted by Elvis2008  [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.
    You are in the market shorting and you don't gamble according to yourself. GTF!.

    Quote Originally Posted by Elvis2008  [View Original Post]
    That is the difference between investing and gambling.
    Shorting is more risky than going long. To short you borrow shares so your risk in infinite. Better have your risk management on point.

    They made a movie about it: Dumb Money. Love that movie right next to Trading Places.

    Quote Originally Posted by Elvis2008  [View Original Post]
    Unlike SC, I do not go around bragging about it being up.
    So, I buy NVDA three years ago. And someone else buys it at it's peak where I have already taken profit. Starts complaining like * up in here. I share this information and I am bragging. GTFOH with your male bovine excrement.

    Quote Originally Posted by Elvis2008  [View Original Post]
    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.
    Stop with the lies E2008. It is called taking profits. You thought the market was going to go down and so did I. So I took profits. You want to call my word into question. Meet me some place I will show you my brokerage account and you can show me yours. Otherwise STFU about my portfolio! You are no smarter than everyone else just because your align yourself with the Republican Racists (note I did not say YOU were a racist). But you know about the saying if it walks like a duck. ROTFLMAO!

    Quote Originally Posted by Elvis2008  [View Original Post]
    Thing about being short versus long is you have to get the timing right.
    Very important if you are going long or short. If you were an actual trader like I am you would know this.

    Quote Originally Posted by Elvis2008  [View Original Post]
    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.
    Bro, over the last three years I have none in the Stock market. Why is that so hard for you to believe. I have had a incredible run. And no I am not trying to say I was so smart. I don't mind being lucky. I do not see that as a negative. I have made life improving money in the Untied States Stock Market.

    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!

    Quote Originally Posted by Elvis2008  [View Original Post]
    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.
    We actually have a point of agreement there. If you don't think that is how I think about the market then you don't understand my investing (gambling in your mind) philosophy.

    Quote Originally Posted by Elvis2008  [View Original Post]
    Tell me what something should cost not what it does or that you are sure it will go up.
    We actually agree here. There is value and there is growth investing. If you are saying growth investing does not work then a empirical analysis of stocks like NVDA, AAPL, AMZN and others will prove you wrong.

    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?

  10. #17958

    When you are ready to actually debate the issues, let me know!

    Quote Originally Posted by HotDog666  [View Original Post]
    Touched a soft spot there, hey Stephen? Four posts in quick succession, one on another thread with your characteristic inanity more relatable to a 16 year old than a 60+ year old- oh and if you want to know why you're an imbecile, ask on the right thread otherwise you err. Come across as an imbecile.
    You really expect anyone to take you seriously when you come here as guest making your ad hominem (look it up food on a bun) attacks.

    Quote Originally Posted by HotDog666  [View Original Post]
    You know as well as I do that you're a second class citizen, and denial ain't no river, Homey. Don't ask the people here whether you're a second class citizen- do the mouthing off to a white American cop (or a black one for that matter, one which is a self loather like you) and see how it ends.
    You make a lot of assumptions. Let's speculate. What if the encounter with the POLICE anywhere in the United States of America begins with a polite response where I inform them I am one too? ROTFLMAO!

    Quote Originally Posted by HotDog666  [View Original Post]
    I'm not going to indulge your puerility about referring Mahmud Khalil to as a "guest", the only fact is he WAS a permanent resident.
    You don't have to. He was a guest. I proved the information in previous post. So, just because you don't like HOW I am saying it, that does not stop it from being the truth, your homeboy Khalil was a guest. He got out of pocket and he got checked. So, sorry for you. But I don't give a fuck. He got his due process. Let me add that due process is still in process and the final word is not in. Try that in China or Russia. If you think they are so nice why don't you reside in a country other than the United States of America. Like your own for example.

    Quote Originally Posted by HotDog666  [View Original Post]
    And the only other fact is that the executive has strong armed him- in violation OF YOUR CONSTITUTION- to deprive him of his liberty and his residency.
    The law is the law and the Article II branch has found a loophole in the the law that allow this action to be taking against your homeboy. If you do not like the law, petition for the regress of your grievances as allowed for in the Constitution of the United States of America to your representative. Your are a citizen are you not?

    If you are not, would you like me to do it for you with my representative or Senator of my State?

    Quote Originally Posted by HotDog666  [View Original Post]
    The fact that the judiciary has caved in does not legitimise that issue.
    The idea that you disagree does not make anything you say correct.

    Quote Originally Posted by HotDog666  [View Original Post]
    You demanded earlier evidence of the judiciary being usurped by the executive and I provided it to you referencing the El salvadorian and yet you continue bitching away- that's the thing with you-
    Potential Constitution Crisis yes. Still playing out it is.

    Quote Originally Posted by HotDog666  [View Original Post]
    there is no serious conversation to be had with someone who is so disingenuous as you, Stephen.
    There is not serious conversation to be had with a guest to my country that is not interested in debating the issue but instead wants to simply engage in ad hominem attacks against someone they disagree with.

    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?
    Attached Thumbnails Attached Thumbnails Hotdogrelish.jpg‎  

  11. #17957

    Bmw. 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.
    https://www.forbes.com/sites/michael...e-scam-claims/

    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.

  12. #17956
    Quote Originally Posted by NewtonYork  [View Original Post]
    I hate that I bought NVDA and that I own APPL, AMZN, MSFT and GOOG. I ain't got no luck fellas *sigh*.
    There were two big pieces of news today. The first was the fight between Trump and Fed chief Jerome Powell. Powell is behaving like a lawyer and waiting until something is painfully obvious before doing anything. He should be looking at his own data versus the media hysterics that Tooms is looking at and be cutting rates. The point is he will be soon. When that happens, and you will see these stocks go up when he does, that is your exit point.

    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.

  13. #17955

    Get 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*.
    Look into the mirror and ask yourself why you made bad entries. You could aways own bonds at 4% - 5% like the BOND KING making 50,000 year on the 1,000,000 million dollars he has invested in them.

    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!

  14. #17954

    It 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*.

  15. #17953

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