Thread: American Politics
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07-08-26 10:42 #21419Senior Member

Posts: 7971Gee, so hard to argue with those credible links
Never mind an ordinary link to an ordinary fact-based economic report since I know you never heard of one. But don't we even get a screenshot of your ass where you pulled out that list of easily debunked bizarro world hogwash?
Originally Posted by Canada
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The USA Stock Market, the gains in which are almost entirely due to Joe Biden's 2022 CHIPS & Science Act as well as virtually every new factory built during this 2nd Trump term, grew as much if not more in the previous year and a half under Biden as in this recent year and a half under Trump. Behold the charts below.
And I know data-monitor Tiny is just about to correct you on your false claims about the unemployment rate being at an all time low, wages up significantly blah blah blah any minute now. Let's count down to when that post will land; 10,9, 8, 7, etc, etc.
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07-08-26 10:23 #21418Senior Member

Posts: 7971True
Repubs and Bothsider / Neithersiders LOVE it when their guys get their way and the USA economy is stagnant or crashing, Trillions are added to the deficits with zero to show for it, private-sector jobs creation and therefore wage growth are pathetically weak and the cherry on top is when the country is plunged into still another quagmire, counterproductive Repub War of Choice based on a Repub lie.
Originally Posted by Tiny12
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Democrats are far less thrilled about that because they know who will be called upon to clean up the colossal mess of everything made by your guys, battered, harangued, denigrated and sniped at every grueling recovery step of the way. And it ain't going to be the Repubs who created the colossal mess of everything or a nobody third party waste of space. Nope, 100 years of history has shown it will be Dems and only Dems who will pull us out of the colossal mess of everything Repubs have created while they scratch their pea-brained heads wondering why oh why aren't Dems as happy about the colossal mess of everything they created as they are.
Lolol.
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07-08-26 10:05 #21417Senior Member

Posts: 7971Uh
Yes, Einstein, we all know worldwide economies crashed due to Trump's 2019 decisions ushering in Trump's Pandemic.
Originally Posted by Elvis2008
[View Original Post]
Uh.
The Trump's Pandemic Inflation is what occurred during the recovery from the economic disaster of Trump's pandemic.
Yeah, the worldwide economic crash part of Trump's Pandemic was when Trump and dumb Repub hillbilly MAGAs continue to crow about how cheap everything was when nobody was going anywhere or doing anything and, gee, the rate of inflation was near zero and we could all buy gas cheaper because the streets, highways, businesses and schools were closed and millions of jobs were being wiped out even faster than Americans were dropping dead from it or, worse, lingering for weeks in private hospital rooms occupying all the facilities and staff time and effort just to keep their fat ass old MAGA selves alive a few more days.
But, see, and try to grasp the nuance here; there would have been no need for a recovery from Trump's Pandemic and all of the higher rates of inflation alllll l around the world that followed if Trump had not ushered in Trump's Pandemic in the first place by defunding and removing the highly effective Pandemic Prevention and Response teams leadership from those Chinese labs researching and studying coronaviruses in 2019 contrary to all expert warnings for him not to do something so dangerous and stupid.
Which he did only because it was another resoundingly successful program organized and developed by Barack Obama.
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07-08-26 06:27 #21416Senior Member

Posts: 4832LOL. Well, you really have no rights as a shareholder in the USA really until you acquire a big stake. This reminds of the Mark Cuban classic post here, https://blogmaverick.com/2008/09/08/...ks-and-money/: In July of 1998, my partner Todd Wagner and I took our company, Broadcast.com, public with Morgan Stanley. Broadcast.com used audio and video streaming to enable companies to communicate live with customers, employees, vendors, anyone with a PC.
Originally Posted by Tiny12
[View Original Post]
Part of the process of taking a new company public is something called a road show. The road show is just that. A company getting ready to sell shares visits the big mutual funds, hedge funds, pension funds – anyone who can buy millions of dollars of stock in a single order. It's a sales tour. 7 days, 63 presentations.
Prior to the road show, we put together an amazing presentation. We hired consultants to help us. We practiced and practiced. We argued about what we should and shouldn't say. We had Morgan Stanley and others ask us every possible question they could think of so we wouldn't look stupid when we sat in front of these savvy investors.
Savvy investors? I was shocked. Of the 63 companies and 400-plus participants we visited, I would be exaggerating if I said we got 10 good questions about our business and how it worked. The vast majority of people in the meetings had no clue who we were or what we did. They just knew that there were a lot of people talking about the company and they should be there.
The lack of knowledge at the meetings got to be such a joke between Todd and I that we used to purposely mess up to see if anyone noticed. Or we would have pet lines that we would make up to crack each other up. Did we ruin our chance for the IPO? Was our product so complicated that no one got it and as a result no one bought the stock? Hell no. They might not have had a clue, but that didn't stop them from buying the stock. We batted 1. 000. Every single investor we talked to placed the maximum order allowable for the stock.
On July 18,1998, Broadcast.com went public as BCST, priced at 18 dollars a share. It closed at $62.75, a gain of almost 250 percent, which at the time was the largest one day rise of a new offering in the history of the stock market. The same mutual fund managers who were completely clueless about our company placed multimillion orders for our stock. Multimillion dollar orders using your money.
Price-earnings ratios, price-sales, the present value of future cash flows, pick one. Fundamentals are merely metrics created to help stockbrokers sell stocks, and to give buyers reassurance when buying stocks. Even how profits are calculated is manipulated to give confidence to buyers.
I know that sounds crazy, but the stock market has gone from a place where investors actually own part of a company and have a say in their management, to a market designed to enrich insiders by allowing them to sell shares they buy cheaply through options. Companies continuously issue new shares to their managers without asking their existing shareholders. Those managers then leak that stock to the market a little at a time. It's unlimited dilution of existing shareholders' stakes, death by a thousand dilutive cuts. If that isn't a scam, I don't know what is. Individual shareholders have nothing but the chance to sell it to the next sucker. A mutual fund buys one million shares of a company with your and your coworkers' money. You own 1 percent of the company. Six weeks later you own less, and all that money went to insiders, not to the company. And no one asked your permission, and you didn't know you got diluted or by how much till 90 days after the fact if that soon.
End of link.
Oh, and as big of a scam as the overall American stock market is, the Chinese one is worse.
This is from a search on Chinese stock rights: Foreign investors generally have no direct ownership rights or legal recourse when buying Chinese stocks listed on USA Exchanges. Instead of owning shares in the actual Chinese operating company, investors purchase stock in an offshore Variable Interest Entity (VIE), typically a shell company registered in the Cayman Islands. This structure relies on contracts rather than equity ownership, meaning shareholders hold zero controlling interest and possess only a contractual claim to economic benefits that Chinese courts may deem unenforceable or illegal.
What cracks me up about this is that this is Geely is like Nvidia. You cannot make a case for the stock as really by law the stock is worthless, but if you gamble based on name recognition, then my bet would be Geely is the first Chinese car maker to come to market. They own Volvo and have the USA infrastructure. Trump has said he would let Chinese cars in as long as they were manufactured in the USA and the lower labor costs are not really what make Chinese cars cheaper.
If you want to look at fundamentals, you can see why the auto industry in China IS a scam: https://www.youtube.com/watch?v=tS_fJJxMjn4&t=632s.
Just like long term there is no way Nvidia can grow or deliver the numbers they are now, the car companies and China are going down. It will take awhile but they are doing much the same things as Japan did and going into massive debt.
However, in the short and medium term, yeah, the Chinese cars will blow the roof of foreign competitors like they have done in Chile and are doing in Mexico. As for why, it is the engineering talent is much cheaper and that so many of the supply chains are based in China. In this video, the youtuber describes why what takes 3 months for Europe to model takes 3 days in China because one part of China produces 90% of all consumer electronics. https://www.youtube.com/watch?v=talyf00Cl24
When Ford looked at changing things in the cars, it took way longer and was way more expensive. The legacy auto companies really cannot compete with the Chinese.
Yeah, the Cherys are nice vehicles, but if you look at the top rated ones in Mexico, Geely cars are usually rated higher and because of the infrastructure with owning Volvo, I bet that Geely will be the first to market. I think that the Chinese companies have decided to dabble in Mexico first and then step up to the big leagues in the USA. Apparently, a lot of the Volvo engineers have been giving styling input on the Geelys and like I said, they do look really cool especially on the inside.
So yeah, Geely is a gamble but it is probably a good one.
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07-08-26 05:40 #21415Senior Member

Posts: 27098You don't seem to live in same USA than 60% Americans who disagree with Trump, but don't you know 60% is majority. And US artists, when many should be richer than you, but against Trump, refusing to sing for him, real facts, do you know Bruce Springsteen, or Taylor Swift, so rich communists? Listen also to Clint Eastwood and so many others. I would say Trump is really lucky many no brained not able to understand money is useless when you are dead, this not only in USA, unfortunately for our world. But, our planet will kill many people, from heat, tornados, hurricanes, ground sliding, water. What Trump is not clever enough to understand, when he made much richer since he returned.
Originally Posted by Canada
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07-08-26 04:35 #21414Senior Member

Posts: 2560Thanks Elvis, sincerely. You can buy Geely ADR's in a USA Brokerage account. Just looking at the numbers for 5 minutes it appears cheap. Chery, Another of the Chinese EV auto manufacturers looks dirt cheap. I may do some work on these and if the ideas pan out buy some shares. If I do, I'll post on this again.
Originally Posted by Elvis2008
[View Original Post]
As always, when evaluating an investment I ask myself "What would Mitt Romney do?" And I think he might buy these! Ok, not really, but this is a sure fire way to get the Marquesa riled up!
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07-08-26 04:26 #21413Senior Member

Posts: 2560No Pinnochio's for Canada! Again!
I was ready to call bull shit on this. But I decided to check with ChatGPT. And Dagnabit, the polls support it:
Originally Posted by Canada
[View Original Post]
Gallup & YouGov Polling Data.
"Extremely Proud" to be American (Gallup).
Democrats: 14%.
Republicans: 70%.
View themselves as "Very Patriotic" (YouGov).
Democrats: 14%.
Republicans: 74%.
Plan to display an American flag this July 4th (Reuters / Ipsos).
Democrats: 27%.
Republicans: 64%.
I do however honestly believe the Democrats and Communists who post in this thread are among the 30% who are patriotic.
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07-08-26 04:16 #21412Senior Member

Posts: 2560Two true American heroes. They're not long for this world. May God bless their immortal souls.
Originally Posted by MarquisdeSade1
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07-08-26 01:48 #21411Senior Member

Posts: 1298Not living in the same USA
Obviously you are not living in the same USA as the rest of us. The Trump tax cuts were more than the inflation and everyone retired has seen their retirement funds and savings go up dramatically. Wages are up significantly. I guess you never saved or put money into retirement so you did not benefit. But unemployment is at an all time low and everyone working is benefiting from their tax savings. Inflation is so much lower than the Biden years that few people really care about it. None of the fake news networks ever cared about inflation in Biden presidency so obviously that is where you get your fake information. Every person I know is doing better under the Trump presidency so stop your fake posts.
Originally Posted by EihTooms
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07-07-26 22:29 #21410Senior Member

Posts: 4832LOL. Trump's pandemic? You lost it right there.
Originally Posted by EihTooms
[View Original Post]
Global inflation? There was no inflation during the pandemic with Trump. In fact, there were so many people rushing into the dollar it was unreal. The dollar bought 25 Mexican pesos and 5000 COP in Colombia. Those numbers are 17+ and 3000+ today. There was inflation after Biden started printing up an unlimited number of dollars, and the government in their infinite stupidity shut down supply chains.
There is conspiracy theory, and there is insanity. That is absolute insanity. Oil and gas demand plummeted during the pandemic. When it picked back up again, the price rose. That is simple economics. There was no deal. If you know squat, you know the OPEC members also have deals and the members cheat on them all the time.
Originally Posted by EihTooms
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Yes, Biden cured the common cold. It did not naturally mutate into a less virulent form. And after curing the common cold, Biden cured cancer and made cold fusion which made our energy demands completely non carbon producing. Amazingly, the fact that Biden could not walk and chew gum at the same time during the debate was just an act, and he fooled everyone with how capable he really was.
Originally Posted by EihTooms
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OMG. 3.6% inflation? Say it ain't so. You kind of left out the fact that the nest eggs have done well under Trump, and I just hit the pump. Gas prices were down 50 cents from last month. Oops.
Originally Posted by EihTooms
[View Original Post]
As for the "inflation", maybe you do not get this, but people adjust. They work more. They shop at Walmart v the brand name grocery stores. They drive less. They use 3. 6% less stuff or work 3. 6% harder. The big part that you do not get is that this was temporary. In fact, just you wait, that inflation number will be negative a month or two from now, and you will be on to your latest Trump demonization rant, ignore lower prices, and find something else to gripe about, and we all know it.
Of course, you are missing the broader economy. If you look up jobs that pay $100,000+ a year, there are boat loads of them: real estate agents, HVAC technicians, carpet cleaners, door and window installers. A buddy of mine is in the shipping business and there are so many truck driving openings, companies were almost forced to hire illegals who could not read the language. The amount of goods being shipped and moved has never been higher.
In my world, I adjusted to the market demands, improved my skill, and the demand for my services is out of control. I could work 24 hours a day every day of the month and my hourly wage has gone up between 2 and 4 X in the last three years. So inflation is literally like pissing in the ocean.
What cracks me up is I had to deal with the griping you fossils would do when I went abroad. Don't overpay and ruin the market I was told. Yeah, why would I care? I am paying $1000 for a flight and paying $100 a night for a hotel, and I am supposed to care if I give a woman I am DTF an extra $20 to $50? I should pay her less because you lazy azzez who are not working with no debt, a pension, and assets to boot might have to pay more. Really? You boomers are so fucking selfish it is unreal.
Here is a novel idea, Tooms. Instead of looking at government and inflation and suffering from TDS, maybe you should try working 3. 6% harder or doing with 3. 6% less. Heaven forbid that you take action into your own hands and stop griping about someone else.
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07-07-26 18:39 #21409Senior Member

Posts: 27098Funny, all in USA don't have or are not able to understand same, information about tax and inflation, when I don't care about Trump tax, I don't pay his tax.
Originally Posted by EihTooms
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07-07-26 08:26 #21408Senior Member

Posts: 27098Don't you read 60% Americans and most artists who are rich for most, disagree with Trump behavior and politics. Who pay Trump tax? Not me. Who pay inflation in USA because of Trump? Not me, but most Americans who pay more expensive. Under cheating Trump and shameful Infantino and Pochettino, one of the worst worldcup when real soccer, the most played sport all over the world, is fucked by Trump and Infantino sucking him, even worse than under corruption in Africa. Fortunately, for justice, even they are not at their top anymore, but small Belgium easily defeated cheating USA when Balogun should never play, shame on trainer Pochettino. But Trump failed again, after Iran and Ormuz. Only him and blind, neurons limited Americans thinking he is king of the world, when not more than senile schizophrene megaloman in front of the world. Didn't you see Belgium players making fun of him, after his cheating, he really deserves. And for worldcup at home, USA team can go home very fast.
Originally Posted by Canada
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07-07-26 05:31 #21407Senior Member

Posts: 7971Americans are getting poorer due to Trump's policies again.
As Americans got poorer thanks to Trump's policies ushering in Trump's Pandemic triggering global inflation as well as that 2020 deal Trump made with OPEC to increase the price of oil and gas during the historic low demand Trump's Pandemic years until Biden fully recovered America and most of the rest of the World from both conditions, today Trump's Tariffs policies and Repub War of Choice in Iran based on a Repub Trump lie are again making Americans poorer:
Originally Posted by Canada
[View Original Post]
Inflation swallows wage growth and American workers take a huge pay cut. Safeguard your nest egg today.
June 5, 2026
https://finance.yahoo.com/economy/ar...105500788.html
Mind you, that was just early June. The Rate of Trump's Inflation is higher today.For the first time in three years, inflation is once again outpacing wage growth in the United States.
Consumer prices rose 3.8% annually in April 2026, while average hourly earnings increased by just 3.6%, according to data from the Bureau of Labor Statistics (1). The reversal marks the first time since April 2023 that inflation has outpaced wage growth, per Visual Capitalist (2).
Much of the recent increase in inflation has been attributed to higher energy costs tied to the ongoing conflict in Iran (3). For energy alone, costs soared 17.9% year-over-year in April (up from 12.5% just in March), a jump that Trading Economics (4) calls "the steepest annual energy increase since September 2022.
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07-07-26 04:23 #21406Senior Member

Posts: 4040A Cautionary tale for all you Anti MAGA / Anti Americans
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07-07-26 03:27 #21405Senior Member

Posts: 1298Americans not getting poorer
Americans were poorer with Biden and Obama but definitely not poorer with Trump. Trump tax cuts guaranteed more money in Americans pockets even with inflation. You sweating your life away in France can't understand that Americans are far better off under Trump presidency. Everyone I know in USA will tell you the same thing. Jealous of the USA life will get you nowhere. All the French that came for the World Cup love America. Sorry you are stuck in France.
Originally Posted by Sirioja
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