Stock Market

[dbackjon]

1. Wall Street and the investor class are objective and not hysterical and can see Trump is a buffoon but isn't a huge danger.
2. Ultimately, the same fraternity is still running the Fed, SEC, Treasury Department, etc. That's arguably more important than who is in the white house.
3. Congress is still being congress, except with a better chance of passing tax cuts.

As far as they're concerned it's smooth sailing, and why shouldn't they see it that way?

That's comedy gold

[andy7171]

phpBB [video]

[Ivytalk]

Trump leaves the country for 9 days. Dow up 140. Stay away, Mr. President!

[CAA Flagship]

Interesting.

The Securities and Exchange Commission adopted an amendment to shorten trade settlement by one business day. Currently, the standard settlement cycle for these transactions is three business days, known as T+3. The amended rule shortens the settlement cycle to two business days, T+2.

Not sure what prompted this change. Maybe technology, not sure. But day traders are thrilled.

[mrklean]

A pro-business platform would be my guess. I'm wondering what Obama did to instill confidence.

He (Obama) helped us get out of the Bvll Shyt economy left by Bush. That's all

[Gil Dobie]

A pro-business platform would be my guess. I'm wondering what Obama did to instill confidence.

He (Obama) helped us get out of the Bvll Shyt economy left by Bush. That's all

He helped big money, aka banks, auto industry etc, as most politicians do.

[ASUG8]

A pro-business platform would be my guess. I'm wondering what Obama did to instill confidence.

He (Obama) helped us get out of the Bvll Shyt economy left by Bush. That's all

He spent his way out with imaginary money.

[CAA Flagship]

I don't have a problem with most of what Obama did in the first 2 or 3 years of his terms. It was a difficult situation and he did stabilize things. But then he stopped and didn't do enough going forward.

[mrklean]

He (Obama) helped us get out of the Bvll Shyt economy left by Bush. That's all

He spent his way out with imaginary money.

Oh, BTW, Bush got us into a war in Iraq. I guess that was Obama's fault as well. Are we still looking for WMD's

[mrklean]

I don't have a problem with most of what Obama did in the first 2 or 3 years of his terms. It was a difficult situation and he did stabilize things. But then he stopped and didn't do enough going forward.

What else did you want him to do?

[ASUG8]

He spent his way out with imaginary money.

Oh, BTW, Bush got us into a war in Iraq. I guess that was Obama's fault as well. Are we still looking for WMD's

Bush got us into Iraq but that's always the Obama apologist opinion for BHO's mistakes. But Bush!!!!! Are you going to argue the numbers? Cash for Clunkers, auto bailout, Wall St. Bailout, Solyndra, Freddie Mac, /Fannie Mae, still at war in Afghanistan.....spending was out of control under BHO.

[mrklean]

Oh, BTW, Bush got us into a war in Iraq. I guess that was Obama's fault as well. Are we still looking for WMD's

Bush got us into Iraq but that's always the Obama apologist opinion for BHO's mistakes. But Bush!!!!! Are you going to argue the numbers? Cash for Clunkers, auto bailout, Wall St. Bailout, still at war in Afghanistan.....spending was out of control under BHO.

IF Obama did not bail these companies out, people would have lost jobs and people retirements/401k would damaged. He did the right thing.

[Gil Dobie]

He spent his way out with imaginary money.

Oh, BTW, Bush got us into a war in Iraq. I guess that was Obama's fault as well. Are we still looking for WMD's

Clinton voted to go to Iraq.

[mrklean]

Oh, BTW, Bush got us into a war in Iraq. I guess that was Obama's fault as well. Are we still looking for WMD's

Clinton voted to go to Iraq.

What the hell does that have to do with anything? The war was wrong. Iraq was NEVER a real THREAT.

[Gil Dobie]

Oh, BTW, Bush got us into a war in Iraq. I guess that was Obama's fault as well. Are we still looking for WMD's

Clinton voted to go to Iraq.

What the hell does that have to do with anything? The war was wrong. Iraq was NEVER a real THREAT.

You brought the war up with Bush, like he was the only person responsible.

Bill Clinton, algore and many others thought Iraq had WMD's.

[Skjellyfetti]

Bush got us into Iraq but that's always the Obama apologist opinion for BHO's mistakes. But Bush!!!!! Are you going to argue the numbers? Cash for Clunkers, auto bailout, Wall St. Bailout, Solyndra, Freddie Mac, /Fannie Mae, still at war in Afghanistan.....spending was out of control under BHO.

Auto Bailout:
12/19/2008
Bush announces $17.4 billion auto bailout
http://www.politico.com/story/2008/12/b ... out-016740

Wall St. Bailout:
10/04/2008
Bush signs $700 billion Wall Street bailout
http://www.washingtontimes.com/news/200 ... t-bailout/

Fannie Mae and Freddie Mac:
09/07/2008
Bush administration announces federal takeove of Fannie Mae and Freddie Mac
http://money.cnn.com/2008/09/07/news/co ... e_freddie/


Can we talk about how Obama fucked up the response to Katrina next?

[ASUG8]

Can we talk about how Obama fucked up the response to Katrina next?[/quote]


Everybody, especially Ray Nagin and Kanye knows that it was Bush who steered Katrina into New Orleans.

[Skjellyfetti]

[CAA Flagship]

I don't have a problem with most of what Obama did in the first 2 or 3 years of his terms. It was a difficult situation and he did stabilize things. But then he stopped and didn't do enough going forward.

What else did you want him to do?

For starters, he could have kept up with the rest of the world and lowered corporate taxes.

[AZGrizFan]

Bush got us into Iraq but that's always the Obama apologist opinion for BHO's mistakes. But Bush!!!!! Are you going to argue the numbers? Cash for Clunkers, auto bailout, Wall St. Bailout, still at war in Afghanistan.....spending was out of control under BHO.

IF Obama did not bail these companies out, people would have lost jobs and people retirements/401k would damaged. He did the right thing.

Obama didn't bail those companies out. Bush did. So now you're saying BUSH did the right thing. How's that taste?

[Skjellyfetti]

Obama said Bush did the right thing as well. I think most Presidents (except a wildcard like Trump) would done it as well. It's not necessarily the right decision or something I agree with... but, it's the shitty decisions Presidents have to make.

[dbackjon]

Oh, BTW, Bush got us into a war in Iraq. I guess that was Obama's fault as well. Are we still looking for WMD's

What the hell does that have to do with anything? The war was wrong. Iraq was NEVER a real THREAT.

You brought the war up with Bush, like he was the only person responsible.

Bill Clinton, algore and many others thought Iraq had WMD's.

By the time the IRAQI war came around, they didn't. Hillary and other Dems voted based on LIES told by BushCheney. Lying seems to come naturally to the GOP

[Ibanez]

You brought the war up with Bush, like he was the only person responsible.

Bill Clinton, algore and many others thought Iraq had WMD's.

By the time the IRAQI war came around, they didn't. Hillary and other Dems voted based on LIES told by BushCheney. Lying seems to come naturally to the GOP

Of FFS, you can't truly believe that shit. Can you????!!! Democrats never lie? Hillary never lied?

I listened to a TED talk ,today, on Political Motive Asymmetry...you immediately came to mind.

What's that? That's what psychologists call the phenomenon of assuming that your ideology is based in love but your opponents' ideology is based in hate. It's common in world conflict.You expect to see this between Palestinians and Israelis, for example. What the authors of this article found was that in America today, a majority of Republicans and Democrats suffer from political motive asymmetry. A majority of people in our country today who are politically active believe that they are motivated by love but the other side is motivated by hate. Think about it. Think about it. Most people are walking around saying, "You know, my ideology is based on basic benevolence, I want to help people,but the other guys, they're evil and out to get me." You can't progress as a society when you have this kind of asymmetry. It's impossible."

https://www.washingtonpost.com/news/the ... 82e34d8251

[BDKJMU]

Auto Bailout:
12/19/2008
Bush announces $17.4 billion auto bailout
http://www.politico.com/story/2008/12/b ... out-016740

The auto bailouts totaled over 80 billion. So I guess the other 63 billion is on Obama. And the taxpayers were never fully repaid.

Wall St. Bailout:
10/04/2008
Bush signs $700 billion Wall Street bailout
http://www.washingtontimes.com/news/200 ... t-bailout/

Unlike the auto bailouts, the banks full repaid their bailouts and then some..

Fannie Mae and Freddie Mac:
09/07/2008
Bush administration announces federal takeove of Fannie Mae and Freddie Mac
http://money.cnn.com/2008/09/07/news/co ... e_freddie/

Fannie and Freddie bailouts 187 billion. As of this past April have paid back 266 billion. Huge profit for taxpayers.
https://www.bloomberg.com/news/articles ... -the-black

[93henfan]

Profit for taxpayers?

Hah, good one. I lawl'ed.