Biden’s bleak Black Friday

Discussion in 'Political Opinions & Beliefs' started by Hollyhood, Nov 26, 2021.

  1. mitchscove

    mitchscove Well-Known Member Past Donor

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    Yes. Inflation can be a wonderful thing until you try to sell the investments with what's left after the Democrats take share and try to buy stuff with the proceeds after energy inflation really attacks budgets. October energy use was child's play compared to November which hasn't been tallied yet and December waiting to take a bite.
     
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  2. 19Crib

    19Crib Well-Known Member

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    And your inflated gains are taxable.
     
  3. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    Your observation highlights the disparity between the beliefs of Faux viewers and objective fact.......................with everything.
     
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  4. mitchscove

    mitchscove Well-Known Member Past Donor

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    October retail sales surged because people were worried that the shelves would be empty if they didn't buy gifts early and stock up on food to beat back starvation.

    I've never seen Costco as crowded as it was on Monday. They even had self-checkout aisles open --- never b4 at my store.
     
  5. Badaboom

    Badaboom Well-Known Member Past Donor

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    The worst thing is the total near absence of interesting black friday deals on amazon/bestbuy/walmart, especially since I pretty much bought all the toys I wanted during 2020/2021 confinement.
     
  6. mitchscove

    mitchscove Well-Known Member Past Donor

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    You got that right ,,, gains due to inflation are as taxable as real gains.
     
  7. mitchscove

    mitchscove Well-Known Member Past Donor

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    Where do we go for objective fact? CNN?
    So, you're here to tell us that the network that can't tell the difference between a peaceful protest and a riot is spot on when it comes to the economy.
    upload_2021-11-26_11-36-37.png
    MSNBC's Ali Velshi said, "I want to be clear on how I characterize this. This is mostly a protest. It is not generally speaking unruly but fires have been started."
     
    Last edited: Nov 26, 2021
  8. US Conservative

    US Conservative Well-Known Member Past Donor

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    Brandon and his handlers are doing their best to destroy this country.

    Worst President ever.
     
  9. Durandal

    Durandal Well-Known Member Past Donor

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    You do know that Biden isn't in charge of the global economy or the global supply chain, right?
     
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  10. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    Your observation highlights the disparity between the beliefs of Faux viewers and objective fact.
    Job creation roars back in October as payrolls rise by 531,000
    https://www.cnbc.com/2021/11/05/jobs-report-november-2021.html
     
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  11. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    Louis Vuitton says products are flying off the shelves!
     
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  12. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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  13. spiritgide

    spiritgide Well-Known Member Donor

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    You have no idea what an economic bubble is, do you?
    It's kind of like you as a kid, who kept pushing that bubble-gum balloon larger thinking it would never break- then it pops and wraps your entire head in goo.
    Sound growth is based on substance. Bubble growth is based on unrealistic emotion- and that can go south hard, in a heartbeat. It's long overdue, and all the realistic economists and investors know it.
    Not a matter of if, just when- and it will be ugly. Then... the depression will begin.
     
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  14. US Conservative

    US Conservative Well-Known Member Past Donor

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    You are wrong. And its seen in multiple polls. Bidens approval on the economy is at record lows.

    Biden's Approval Rating Hits New Low as Most Disapprove of His Handling of COVID, Economy
    https://www.google.com/amp/s/www.ne...rove-his-handling-covid-economy-1650789?amp=1
     
  15. Quantum Nerd

    Quantum Nerd Well-Known Member

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    LOL! And Trump didn't blow up the bubble with his tax cuts on the national credit card? Give me a break. ALL recent presidents have done it, whether GOP or Dem. Trump even ran on "priming the pump". I guess back then, you didn't care, and celebrated the magic Trump economy bought on the backs of our children and grand children.

    I am, btw, still waiting for what these tax cuts have done for us, except for some measly bucks in my monthly paycheck, which are now eaten up by inflation. And the corporations? We heard that you can't raise taxes on them, because they would pass the increase as added price to the consumer. Well, when their taxes were cut, did the pass the savings as a price cut to the consumers? Not a chance. So, forgive me when I don't believe anything what Trumpers claim about the economy. They have shown with their proposals on covid that they are pretty much wrong on anything.
     
    Last edited: Nov 26, 2021
  16. James California

    James California Well-Known Member Past Donor

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    ~ Even Jeff Benzo & Elon Musk are selling shares of their own stock - I believe 10% of TESLA is on the block. Durable goods are down. I believe the term is " stagflation " ... ?
     
  17. spiritgide

    spiritgide Well-Known Member Donor

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    And nobody realistic believes anything the lefties say. You can't live in a fantasy world where you think reality will adjust to what you want to believe and have any of ti come true. While people are never going to agree on everything, if they would at least agree ion the undeniable facts, discussions would be possible. That should be a choice, and it is among rational people. When they can't- or won;t, to be accurate- its like talking to adolescent children that can't see beyond their own emotions.
    Nothing can be done to bridge that gap, and it's a waste of time to try, because reason and logic have nothing to do with childish fantasy.
    You're stuck with the consequences of your own condition- and you chose it, despite the reality.
     
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  18. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Yes, we live in two different realities. Trumpers live in the Fox News reality, where life is great under Trump and terrible under Biden, where tax cuts pay for themselves, where trickle down economics work, where fossil fuels never run out, where 17% ytd stock market return is terrible, where more guns means less gun crime, where covid would go away in April 2020, where covid was just like the flu, where HCQ and ivermectin are viable treatments for covid, where covid vaccines and masks are instruments of government control, where disinfectants can be used internally... And the list could go on forever. Essentially, a world where black is white.

    Unfortunately, the Trumper Fox News reality is far removed from actual reality. Their reality is based on a rose-colored view of the past, that they want to preserve at ANY cost. You are right, discussions are not possible when the two sides come from such different realities.
     
    Last edited: Nov 26, 2021
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  19. SouthernFried87

    SouthernFried87 Well-Known Member

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    My 401K was booming throughout Trump’s entire presidency.
     
  20. Indlib

    Indlib Well-Known Member

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    They are not listening to Mcarthy.

    They are listening to what Trump tells Mcarthy to say.

    Irony alert. This is the deep state.
     
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  21. Independent4ever

    Independent4ever Well-Known Member

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    and CNN/MSNBC did the same thing 2017-2020

    What is sad is that there a lot of people on both sides who would rather see disaster in America than either party have success.
     
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  22. spiritgide

    spiritgide Well-Known Member Donor

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    Reality?
    You enjoy living in a world where crime runs wild, people are losing it every day, riots are virtually ignored and hundreds of thousands of illegals are literally brought in by you president?
    Of course, that's the short list of horrifically offensive results of these people. Not enough space here to cover the big picture.

    Of course you enjoy it; you're defending it like it didn't exist- and you damn sure know it does. Have any idea what that says about you? You need to find out.
     
  23. Zorro

    Zorro Well-Known Member

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    BIDENFLATION: U.S. inflation is one of the highest in the world.

    Biden and the Dems red ink orgies, now back to back.

    [​IMG]
    "The U.S. also had the third-highest increase in inflation, 3.58 percentage points, between the third quarter of 2019 and the same period this year. It trailed only Brazil and Turkey, both of which have less-developed economies that generally struggle with higher inflation rates more than the U.S."
    Enough is enough, it's time for change!
     
  24. Chrizton

    Chrizton Well-Known Member

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    \
    Musk sold off shares to cover the tax debt he incurred as a result of exercising an about to expire stock option. Interesting enough though, this showed why wealth taxes are bad---Tesla's shares dropped when he did it because too many shares were up for sell at one time to cover the taxes. Nobody has the money to buy Bezos out at current market prices. Anyone owning Amazon shares would be soaked if the government forces him into liquidating shares.
     
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  25. mitchscove

    mitchscove Well-Known Member Past Donor

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    We won't have a Black Friday until this disaster has run its course. Until then, get used to the day after turkey day being Bleak Friday.
     
    Last edited: Nov 28, 2021

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