DOW down nearly 1000 points

I told everyone right here on the USMB to get out of the market. Was I right?
A real one percenter wouldn't get out of the market, a one percenter would be holding their position knowing the economy is still good.
A stupid pretend one percenter would tell people to sell their positions and pay the capital gains tax.

I don't buy stock I make direct investments which aren't affected by the market.

When did I every write "take the money?" You place the money in a holding account. If you don't take possession, there is no tax, and now you have a wonderful buying opportunity.....but not yet.

FYI; there is no tax on capital gains unless you take more than

PERS-BRACKETS-2-112818.jpg
 
If Coronavirus spread can’t be stopped and has anywhere near the 5% mortality rate it has shown so far, all markets are going to crash.

Reagan got us in the world market. Yet another Republican disaster.
I agree, the old GOP was way too “free trade” happy. President Trump is the first to come along to try to change that.
Trade deficit is up, manufacturing is down, Farm income projected to be down 9%

Yep that Trump figured it out.

You people are this fucking stupid. Do you think other administrations looked at sanctions and a trade war as pathway towards better trade and it was rejected because of the repercussions.

But hey, Trump is the smartest person ever. Hew is sooooo smart he knows more than our generals, pandemic experts, trade experts, scientists, etc.

He sits in the residence on his fat ass watching Fox News.

Jesus fuck, people

It’s hard to imagine just how someone can be so fucking stupid. President Trump has added over 500,000 manufacturing jobs and over 7 million full time jobs.

“Manufacturing down”, go fuck yourself you lying sack of shit.
Yeah, Impeached Trump is wonderful....

ERA_DaxU4AA59-W
 
Not true.

No. You are just parroting winger shit you hear from right wing news. Peddling fear that entitlements programs=socialist shit hole. You seem to run on talking points with absolutely no substance underneath. America will never adapt a socialist government. I see absolutely no truth in what you are saying, it's never been true in the entire history of this nation, and it won't be true even if Sanders wins. I think his policies are too expensive and I don't see a clear path to how they will be sustainable in the future, but that's another argument altogether. If he becomes president, you'll witness a ton of broken promises, just like with every previous president, including the present.

I'm a heterosexual, so none of that is my cup of tea. But neither of these preferences affect me personally, so I have no reason to be outraged about them. I mind my own fucking business.

And you bozos gave us the human shaped orange sack of meat currently shitting all over the WH, so I guess we're even.
No, I am a military veteran who served this country to prevent shitheads like Bernie from every taking this country down a socialist shithole. I saw what it did to the Soviet Union, Cuba, South and Middle America, but those sorry ass moderates just had to vote in the brown turd, who took over GM and Chrysler, enacted the Cash for Clunkers debacle, took away healthcare from 10s of millions to provide health care for 100s of thousands of liberal do nothings. I lived back then, I remember, I know what was happening while Oblummer was in office and knew the American populace would wake the fuck up. Now we have 4 successful years of a business man running this country like a business, and the leftwing nutters keep showing US their incompetence and immorality. So "liberal" to ashamed to admit you are a liberal, are you going to continue this move to keeping America great, or go for the toilet drain once again by voting for some Commie bastard?

If you were honest and truthful what you saw in the Soviet Union and Cuba, plus a few banana republics which were of short duration; each were totalitarian, not socialistic, for the leaders in those nations profited for themselves and their cronies and persecuted anyone who dissented.

Maybe you ought to compare Trumpism with these nations you so abhor.,


You can't have actual Socialism without the totalitarianism - ( I know that you don't believe that - and that's okay, I don't consider you to be very bright)
President Trump is the absolute anthesis of totalitarian.
He is the people - the people are him.
I disagree. Socialism and Capitalism both exist in every country on Earth to some degree. All of Northern Europe are social welfare states, Sweden, Norway, Denmark, Iceland, Netherlands, Belgium, Germany, Finland, and Ireland. Almost all of the remainder of Europe has some type socialize healthcare, as well as employment safety nets. Canada and Great Britain have strong social welfare programs and the US is not too far behind. None of these countries are totalitarian states.

Socialism carried to the extreme will become a totalitarian state. Capitalism carried to the extreme will result in a corporatocracy. Neither is desirable. A balance between socialism and capitalism is most desirable. Capitalism provides the incentive to produce and socialism provides the safety nets for those who can not.
Capitalism carried to the extreme will not result in corporatocracy but free markets and freedom, it is when liberals get involved with capitalism and turns it into cronie capitalism where the liberal billionaires make out like badits and the rest of the people get turned into serfs. Right old lady?
The result of pure capitalism is inequality, market failure, damage to the environment, short-termism, excess materialism and boom and bust economic cycles.

Under pure capitalism, the free market eventually collapses as the largest and most successfully businesses use their financial position to destroy completion and bar entrance to new smaller competitors.
 
Trump isn't responsible for the economy; no President is. It's determined by consumption spending, period. Shuffling accounts doesn't increase nor decrease economies, neither does creative bookkeeping; all that does is produce the mounds and mounds of inaccurate and outright fake data, is all. That fake news can generate 'bubbles' in both directions, as people make decisions based on that rubbish to greater or lesser extents. Bubble economies aren't real economies.

Trump's foreign policies create hope for a rebuilding of our own economy, encouraging growth at home. Since he 'settled' with the Red Chinese scum, that hope may gradually dwindle, or the Red Chinese will do something stupid and start an even bigger wave of cash returning. It's really up to the Red Chinese and other countries at this point.

No one should care what the gamblers think; the virus crap has little to do with economics, it's just gamblers using it as an excuse to make wild bets, as usual.
The virus is triggering a stock market decline. If it causes investors and businesses to question market valuation, projected earnings, and major capital outlays then it can lead to a real deterioration in the economy.
 
Trump isn't responsible for the economy; no President is. It's determined by consumption spending, period. Shuffling accounts doesn't increase nor decrease economies, neither does creative bookkeeping; all that does is produce the mounds and mounds of inaccurate and outright fake data, is all. That fake news can generate 'bubbles' in both directions, as people make decisions based on that rubbish to greater or lesser extents. Bubble economies aren't real economies.

Trump's foreign policies create hope for a rebuilding of our own economy, encouraging growth at home. Since he 'settled' with the Red Chinese scum, that hope may gradually dwindle, or the Red Chinese will do something stupid and start an even bigger wave of cash returning. It's really up to the Red Chinese and other countries at this point.

No one should care what the gamblers think; the virus crap has little to do with economics, it's just gamblers using it as an excuse to make wild bets, as usual.
The virus is triggering a stock market decline. If it causes investors and businesses to question market valuation, projected earnings, and major capital outlays then it can lead to a real deterioration in the economy.

Nope, it can't; it has no bearing on the real economy, it's an emotional and irrational response to a factor that has nothing to do with economics. All it does is create a gambling frenzy among traders who play no role in the real economy, they're speculators and quick buck seekers. Prices merely fall to their realistic equity levels when bubbles burst, is all, no matter what the cause of the falls are. Many P/E ratios are ridiculously high now, so such temporary drops as this one shouldn't bother anybody but those gamblers buying on margins of one kind or another.

Just as many 'fortunes' made in the past were made from short sales, as should be the case, but now there are limits designed to prevent short sales from being as profitable as bull bubbles, which is in effect a subsidy for markets, and should be removed. There should be no limits to shorting, and for most corporations so should the limited liability scam for shareholders and 'corporate personhood'. There is no genuine risk these days, which is why there is so much corruption and theivery hiding behind 'free enterprise', and why vermin like Mitt Romney can make many millions by bankrupting perfectly sound companies. Until they're genuinely risking money, the tax rate on corporate earnings and dividends should reflect that lack of risk and pay in the area of 50% or so on capita;l gains.
 
Last edited:
No, I am a military veteran who served this country to prevent shitheads like Bernie from every taking this country down a socialist shithole. I saw what it did to the Soviet Union, Cuba, South and Middle America, but those sorry ass moderates just had to vote in the brown turd, who took over GM and Chrysler, enacted the Cash for Clunkers debacle, took away healthcare from 10s of millions to provide health care for 100s of thousands of liberal do nothings. I lived back then, I remember, I know what was happening while Oblummer was in office and knew the American populace would wake the fuck up. Now we have 4 successful years of a business man running this country like a business, and the leftwing nutters keep showing US their incompetence and immorality. So "liberal" to ashamed to admit you are a liberal, are you going to continue this move to keeping America great, or go for the toilet drain once again by voting for some Commie bastard?

If you were honest and truthful what you saw in the Soviet Union and Cuba, plus a few banana republics which were of short duration; each were totalitarian, not socialistic, for the leaders in those nations profited for themselves and their cronies and persecuted anyone who dissented.

Maybe you ought to compare Trumpism with these nations you so abhor.,


You can't have actual Socialism without the totalitarianism - ( I know that you don't believe that - and that's okay, I don't consider you to be very bright)
President Trump is the absolute anthesis of totalitarian.
He is the people - the people are him.
I disagree. Socialism and Capitalism both exist in every country on Earth to some degree. All of Northern Europe are social welfare states, Sweden, Norway, Denmark, Iceland, Netherlands, Belgium, Germany, Finland, and Ireland. Almost all of the remainder of Europe has some type socialize healthcare, as well as employment safety nets. Canada and Great Britain have strong social welfare programs and the US is not too far behind. None of these countries are totalitarian states.

Socialism carried to the extreme will become a totalitarian state. Capitalism carried to the extreme will result in a corporatocracy. Neither is desirable. A balance between socialism and capitalism is most desirable. Capitalism provides the incentive to produce and socialism provides the safety nets for those who can not.
Capitalism carried to the extreme will not result in corporatocracy but free markets and freedom, it is when liberals get involved with capitalism and turns it into cronie capitalism where the liberal billionaires make out like badits and the rest of the people get turned into serfs. Right old lady?
The result of pure capitalism is inequality, market failure, damage to the environment, short-termism, excess materialism and boom and bust economic cycles.

Under pure capitalism, the free market eventually collapses as the largest and most successfully businesses use their financial position to destroy completion and bar entrance to new smaller competitors.

Those are some results, not all of them. Some results include letting sound businesses sell equity in order to raise money for expansion without being extorted by banks or saddled with loan payments during growing periods or bankrupted during downturns.
 
If Coronavirus spread can’t be stopped and has anywhere near the 5% mortality rate it has shown so far, all markets are going to crash.

Reagan got us in the world market. Yet another Republican disaster.
I agree, the old GOP was way too “free trade” happy. President Trump is the first to come along to try to change that.
Trade deficit is up, manufacturing is down, Farm income projected to be down 9%

Yep that Trump figured it out.

You people are this fucking stupid. Do you think other administrations looked at sanctions and a trade war as pathway towards better trade and it was rejected because of the repercussions.

But hey, Trump is the smartest person ever. Hew is sooooo smart he knows more than our generals, pandemic experts, trade experts, scientists, etc.

He sits in the residence on his fat ass watching Fox News.

Jesus fuck, people

It’s hard to imagine just how someone can be so fucking stupid. President Trump has added over 500,000 manufacturing jobs and over 7 million full time jobs.

“Manufacturing down”, go fuck yourself you lying sack of shit.
I have an idea. How about you pull your head out of Trump's fat ass & look At the manufacturing numbers for 2019.

https://www.washingtonpost.com/busi...mild-recession-during-2019-sore-spot-economy/
 
I know we couldn't get your fat ass into that thing. The only thing big enough for you smelly ass is a black hole.
actually the reverse is true instead of stuffing the homos ass into the cannon...... the cannon would easily fit inside Dr Gayloves gaping torn asshole !

Charming! ^ :eusa_doh:
whatever DrGaylove ....

Not gay personally, however you are a definite concern. :D
wrong party homo ...and there is absolutely no way you are straight ! all modern dems are either homo bi or have a least had a homosexual encounter ... you are a homosexual and you are a feminine weakling .

You sound like a fag
 
Is the economy about to go over a cliff? Probably not. But the Democrats can pray!! They know the only way they have a shot at gaining back power is if the economy tanks. So they'll actively root against their own self interests for perceived political gain. It's the height of hypocrisy and foolishness.

Democrats are a mess. Trump has almost destroyed them. Bernie will land the final blow.
 
Time has a magnificent way of smoothing out price swings in stock prices.

I've profited tremendously over the years by simply doing nothing.

Time in the market is far better than timing the market.

I don't allow "fear", especially the irrational type, to guide my investment philosophy.

Hang in their BABY (oh, and SNAG them "bargains") :D

27,081.36 −879.44 (3.15%)
Feb 25, 4:20 PM EST
what are you scum on the left going to do or say when the market bounces back because of the policies in place after the virus panic subsides when temps warm up and the flu season comes to an end ! Trump will once again own your asses by an even larger margin in nov.

This isn't the flu you Doddering Dotard. And repeating Dr Donald's claim that it goes away when the flu season ends is stunningly ignorant.

Coronavirus: President Trump tweeted the virus could weaken as weather warms. Scientists say it's too early to know - CNN
 
I know we couldn't get your fat ass into that thing. The only thing big enough for you smelly ass is a black hole.
actually the reverse is true instead of stuffing the homos ass into the cannon...... the cannon would easily fit inside Dr Gayloves gaping torn asshole !

Charming! ^ :eusa_doh:
whatever DrGaylove ....

Not gay personally, however you are a definite concern. :D
wrong party homo ...and there is absolutely no way you are straight ! all modern dems are either homo bi or have a least had a homosexual encounter ... you are a homosexual and you are a feminine weakling .

I'll tell that to the Log Cabin Republicans ... FAG ;)

Log Cabin Republicans
 
As the economy unravels over the next few weeks, it is going to be fun to read all of the Trumpettes explaining to us:
1. A crashing stock market is GOOD for us!
2. Obama is to blame
3. China is to blame
4. Bernie is to blame
5. the virus is an evil communist plot
6. The media is to blame.

You forgot 7. Hillary is to blame
And 8. The Deep State done it! :)
 
Time has a magnificent way of smoothing out price swings in stock prices.

I've profited tremendously over the years by simply doing nothing.

Time in the market is far better than timing the market.

I don't allow "fear", especially the irrational type, to guide my investment philosophy.

Hang in their BABY (oh, and SNAG them "bargains") :D

27,081.36 −879.44 (3.15%)
Feb 25, 4:20 PM EST
Worst 2 day period in history.

As Impeched Trump says ... "enjoy!"

Have a good time! :icon_rolleyes:

 
Time has a magnificent way of smoothing out price swings in stock prices.

I've profited tremendously over the years by simply doing nothing.

Time in the market is far better than timing the market.

I don't allow "fear", especially the irrational type, to guide my investment philosophy.

Hang in their BABY (oh, and SNAG them "bargains") :D

27,081.36 −879.44 (3.15%)
Feb 25, 4:20 PM EST

Pullbacks (drops of 5.0% to 9.9%) last just three months including recovery on average. Since stocks usually recover faster than your emotions, ignoring the headlines and staying focused on your long-term strategy is most often the best move.

Thanks, I always welcome financial advice from babies.

20854.jpg
 
My friend, you're too smart, logical and level headed for this hellhole. ;)
Unfortunately, many people on this forum lack the ability to discuss political issues because they can't consider ideas and opinions that differ from their own. They typically read only enough of a post to categorize the poster and reply with a cut and paste diatribe. The fact is both conservatives and liberals have good points.

I don't see many smart, fiscal cons with good points on this board. What I see mostly bagmen for the Dumpster who will repeat (ad nauseam) endlessly each and every one of Dear Leader's 17,000 lies.

But hey, hope springs eternal for intellectual conservatism. IMHO it died with Trump.
Keep in mind that forums such as these attract conservative and liberal ideologues, not free thinkers. Most people would not be able to debate both sides of a political issue because they only want to consider one side. If you put yourself in the other person's shoes, then the issues are not so clear and clarity is what people want.

Agree, but the question remains - WTF happened to intellectual conservatism? WF Buckley spins in his grave!
Anti-Intellectualism
Aside from the election of Donald Trump, the GOP has been framing all intellectuals as liberals for years. For the first time, a majority of Republicans think that colleges and universities have a negative impact on the country. The last thing the GOP wants is educated thinking voters.

They love the poorly educated! ;)

Why Republicans Love Dumb Presidents

32872fb20d0b0de06fc92cfa1c77ab8c.jpg
 
Uh huh, that's why the DJIA went from 7,900 to 17,000 under Obama. Must also why our auto industry has been revitalized and why the fiscal deficit was cut by more than half (since blown to hell by an Orange Incompetent)

As you know, the auto industry wasn't revitalized, the AUTO UNIONS were rescued.

The banks, bailed out by former President George Bush paid back their loans early with interest. Chrysler is no longer an American automaker but now is an Italian automaker.

The automakers/unions with GM left the taxpayer holding the bag for $11.2 BILLION.

APRIL 30, 2014 / 11:03 AM / 6 YEARS AGO
U.S. government says it lost $11.2 billion on GM bailout
Eric Beech
U.S. government says it lost $11.2 billion on GM bailout

You fail to fully factor in the interest we were paid back. Regardless - 11 billion is chump change considering the alternative

Auto bailout saved 1.5 million U.S. jobs -study
 
If Coronavirus spread can’t be stopped and has anywhere near the 5% mortality rate it has shown so far, all markets are going to crash.

Reagan got us in the world market. Yet another Republican disaster.
I agree, the old GOP was way too “free trade” happy. President Trump is the first to come along to try to change that.
Trade deficit is up, manufacturing is down, Farm income projected to be down 9%

Yep that Trump figured it out.

You people are this fucking stupid. Do you think other administrations looked at sanctions and a trade war as pathway towards better trade and it was rejected because of the repercussions.

But hey, Trump is the smartest person ever. Hew is sooooo smart he knows more than our generals, pandemic experts, trade experts, scientists, etc.

He sits in the residence on his fat ass watching Fox News.

Jesus fuck, people

It’s hard to imagine just how someone can be so fucking stupid. President Trump has added over 500,000 manufacturing jobs and over 7 million full time jobs.

“Manufacturing down”, go fuck yourself you lying sack of shit.

First three years of Drumpf job growth were ENEMIC compared to Obama's last three.

Obama’s Last Three Years Of Job Growth All Beat Trump’s Best Year
 
Time has a magnificent way of smoothing out price swings in stock prices.

I've profited tremendously over the years by simply doing nothing.

Time in the market is far better than timing the market.

I don't allow "fear", especially the irrational type, to guide my investment philosophy.

Hang in their BABY (oh, and SNAG them "bargains") :D

27,081.36 −879.44 (3.15%)
Feb 25, 4:20 PM EST
what are you scum on the left going to do or say when the market bounces back because of the policies in place after the virus panic subsides when temps warm up and the flu season comes to an end ! Trump will once again own your asses by an even larger margin in nov.

This isn't the flu you Doddering Dotard. And repeating Dr Donald's claim that it goes away when the flu season ends is stunningly ignorant.

Coronavirus: President Trump tweeted the virus could weaken as weather warms. Scientists say it's too early to know - CNN
It isnt the Flu? Then what is it? The New World Order's attack on the billions of people because the liberal want to cull dumbasses like you? Better hope not, you wont stand a chance while the liberal elites will be in their bunkers with hepa-filters to keep their air clean, while you breathe in that stank from the streets of LA or San Fransicko...
 
If Coronavirus spread can’t be stopped and has anywhere near the 5% mortality rate it has shown so far, all markets are going to crash.

Reagan got us in the world market. Yet another Republican disaster.
I agree, the old GOP was way too “free trade” happy. President Trump is the first to come along to try to change that.
Trade deficit is up, manufacturing is down, Farm income projected to be down 9%

Yep that Trump figured it out.

You people are this fucking stupid. Do you think other administrations looked at sanctions and a trade war as pathway towards better trade and it was rejected because of the repercussions.

But hey, Trump is the smartest person ever. Hew is sooooo smart he knows more than our generals, pandemic experts, trade experts, scientists, etc.

He sits in the residence on his fat ass watching Fox News.

Jesus fuck, people

It’s hard to imagine just how someone can be so fucking stupid. President Trump has added over 500,000 manufacturing jobs and over 7 million full time jobs.

“Manufacturing down”, go fuck yourself you lying sack of shit.

First three years of Drumpf job growth were ENEMIC compared to Obama's last three.

Obama’s Last Three Years Of Job Growth All Beat Trump’s Best Year
I thought corporations were EVIL, or is it only when other than a Demoncrap is in office?
 

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