With the Bezos hilarity creeping in to the Musk thread, maybe we need a catch-all thread to keep the yucks going as we slide into 1990s Russian style corruption!
Keep it light & fun so thread doesn’t end up in polyass! TIA!
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With the Bezos hilarity creeping in to the Musk thread, maybe we need a catch-all thread to keep the yucks going as we slide into 1990s Russian style corruption!
Keep it light & fun so thread doesn’t end up in polyass! TIA!
Zuck tagging in:
Attachment 503063
https://bsky.app/profile/thephatic.b.../3l7jzxmme5u2i
Peter Theil is telling all these guys the betting market has already called it for Trump and that the stock market has already priced in a Trump win, I certainly hope they’re not right. But they’re all scrambling so they don’t get sent to the gulag. Pathetic bunch of dweebs.
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If the stock markets have priced in a Trump win we would have seen a Hudge selloff.
In the event of a Trump win we’ll see another run up, before a sell off when reality strikes before inauguration.Quote:
Originally Posted by TBS
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I actually think that when Trump guts the EPA and SEC the market is going to go bananas for a few years. The only challenge is picking the right exit point. At some point in his term, there will be a global recession, leading to a Democrat getting elected. That Democrat will spend their term trying to restore decent governance.
Funny thing about the betting sites and Trump leading… these were the ads running during the Rally of HateQuote:
Originally Posted by altacoup;[emoji[emoji6[emoji640
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Good article, about a system that certain billionaires seem to wish for: https://www.npr.org/sections/money/2...sias-oligarchy
Ah yes, being an oligarch, under an officially above-the-law authoritarian leader, is all fun and games, until you have your business empire taken away at gunpoint and take a decade-long holiday in Siberia. Or take a ride off of a high balcony.
Exit point is about 4-6 months after he slaps his tariffs on everything. Because you know who pays the tariffs? The end consumer. Maybe the first little bit of product will squeak through without getting pinched for a month. Give the container ships from China a month or two to sail, give ports and distribution another month to get to stores, and then the higher prices land and Donnies inflation spike hits, triggering the recession. But by the time the higher prices actually land, everyone will have forgotten all about tariffs because he won so bigly, and clearly inflation is Hunter's fault somehow. Thanks Obama.Quote:
Originally Posted by dan_pdx
that's just the oligarch circle of life... close proximity to the sun can cause premature meltage of the yer wing wax...
fact.
From my experience sell teriff goods from China, the mfgs will add the teriff to goods still in the factory pipeline. Importers pay the day the ship sails east and the cost is paid by the end user.
Do you think he'll actually impose the tariffs? Has he ever done anything that he said he was going to do?
Similar to what Obama did after Bush.Quote:
Originally Posted by dan_pdx
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That's a great reason to trust him!Quote:
Originally Posted by dan_pdx
He lies all the time, so anything truly egregious (like pretty much everything he says) we don't have to worry about?
JFC man!
PS He imposed tariffs in his last term, so yes given the chance I think he would again.
And then he gets Elon to defund the national government
https://fortune.com/2024/10/28/elon-...t-trump-rally/
Man things are gonna be great!
I'm just saying, I seem to remember abolishing Obamacare being pretty high on his list of campaign promises last time around. He'll do a lot of stupid and dangerous shit that diminishes America's standing, but I don't think he's able to do anything that requires staying focused for more than about 5 minutes.Quote:
Originally Posted by pfluffenmeister
You can thank John McCain for the "thumbs down" vote that ended the repeal effort in the Senate. 51-49Quote:
Originally Posted by dan_pdx
https://youtu.be/hT2pp_KrJGg?si=rIwr47klKngAXeEU
He grabbed em by the pussy.Quote:
Originally Posted by dan_pdx
He tried to abolish Obamacare but McCain very famously blocked it with his deciding vote.Quote:
Originally Posted by dan_pdx
Tariffs are able to be enacted by the president without any legislation, so you can’t rely on Congress to keep him in check there.
In this case yes, I think so. Last term his worst instincts were kept in check by his cabinet but by all accounts he will not have a cabinet or advisors that keep him in check, it will be all lickspittles and lackeys.Quote:
Originally Posted by dan_pdx
https://theweek.com/business/why-do-...ses-keep-dying
Defenestration is remarkably common in Russia. Are these US clowns paying attention?Quote:
Why do Russian oil bosses keep dying?
There have been 'at least 50' mysterious deaths of energy company executives since Putin ordered Ukraine invasion
Just so there is no misunderstanding, Biden kept Trump's tariffs in place when he took office. Below is from CNN, January of 2022, https://www.cnn.com/2022/01/26/polit...icy/index.html
President Joe Biden reversed a number of the Trump administration’s policies during his first year in office – but he has left tariffs in place on $350 billion of Chinese goods that were imposed by his predecessor.
And this is from CNN September of 2024
The Biden administration said Friday that it has finalized tariff hikes on certain Chinese-made products that the president first announced in May.
The tariff rate will go up to 100% on electric vehicles, to 50% on solar cells and to 25% on electrical vehicle batteries, critical minerals, steel, aluminum, face masks and ship-to-shore cranes beginning September 27, according to the US Trade Representative’s Office.
Tariff hikes on other products, including semiconductor chips, are set to take effect over the next two years.
Yeah, but tariffs targeted against individual countries, or certain goods, is a hell of a lot different than blanket tariffs on all imports, which is what is being proposed by Trump now.Quote:
Originally Posted by bigdude2468
Nothing good can come from starting a trade war with our allies, and the costs of universal tariffs like that fall disproportionately on the lower and middle class.
Also appears to be intended to work along with infrastructure bill, which Trump was never willing to put in the work to pass.
I don’t recall hearing anything about infrastructure this cycle, but maybe I missed it.Quote:
Originally Posted by RTsucks
I think the plan is actually to cut income taxes disproportionately on high earners and (partially) offset that with consumption taxes (tariffs) on the working class, along with a helping of benefit cuts for the working class as well.
…Quote:
Semafor’s Max Tani first broke the news that the owner of the Los Angeles Times, Patrick Soon-Shiong, intervened to block the publication of an editorial endorsing Harris. The Trump campaign swiftly shared the Semafor story with supporters.
The fourth estate ain’t what it used to be…
fact.
Yep. Haven't bowed to big tobacco or started a war with Spain in how long? It's just lazy.