otto105
Diamond Member
- Sep 11, 2017
- 35,571
- 11,398
- 1,315
So, when in the last 100 years have we had that type of crash in the stock market?So you are OK with retirement accounts tanking as House and Senate push the corpse left?While Trump due to his polarizing nature seemingly lost the election to a corpse, the Senate remaining red and the House likely going red in 2020 has kept the markets in check. However, if Georgia goes fully blue then the country will go full Leftist/Socialist and markets will crumble.
![]()
Georgia runoff results could trigger a 10% stock market selloff: Strategist
A Democratic win of the two contested Senate seats could trigger a selloff in the markets, according to Oppenheimer strategist John Stoltzfus.www.yahoo.com
In the end money talks. Let's see what happens.
I am curious what others think. Do you want one party rule --- or do you prefer as the markets do, a two party checks and balances rule?
There is a lot to be said for one party rule on the federal level. Sound persons of good character with the Congress behind them can do wonderous things. Medicare Part D for one thing under Bush in 2003. They should have raised taxes to pay for it. One party rule can do terrible things too of course but sound persons of good character can do wonderous things. The ACA is another example.
We didn't have that with your blob. We had a man-child whose character was dead if he ever hand any and a Senate that makes up rules as it goes along and then violates them...see ACB and nominee Garland.
So I have no problem with the Senate turning blue.