Trumpery's Dotage?

Discussion in 'Elections & Campaigns' started by Natty Bumpo, Dec 14, 2017.

  1. CourtJester

    CourtJester Well-Known Member

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    Perhaps you can define the boosts you have seen. The only one I have seen is the stock market which was of course anticipating the tax cuts for the rich and corporations. That said of course the market has been going up steadily since the Bush disaster.
     
  2. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    LOL, thanks for proving my point.
     
  3. CourtJester

    CourtJester Well-Known Member

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    You do realize I was responding to your silliness not Trump's. Try to keep up.
     
    Last edited: Dec 28, 2017
    Statistikhengst likes this.
  4. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    Sorry pal but my 401 is up substantially. Businesses are expanding and people are buying. I ran a business and worked for 45 years before retiring. I had contact with major corporations. You will never sell me any "boost" in business confidence is due to ANYTHING obama did. This is Trumps victory and it was graphically pointed out days after the election in Nov. 2016 and you will be very hard pressed to find any major business leader that will tell you otherwise, (except for the firearms industry)
     
  5. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    All they need is to learn the words "three strikes and you are out" and "if you use a gun in your commission of a felony crime, it's ten additional years, no plea bargain".
    Beyond that they can sit there like Ruth Bader Ginsberg
     
  6. Statistikhengst

    Statistikhengst Well-Known Member

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    Well, at least you took the time to respond.
    And in case the economy crashes in grand fashion and your 401 disappears through the potholes of the universe, that will be Trump's fault, too, amirite?
     
  7. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    Actually youarequitewrong. Any investor worth his/her/alphabet's salt should have a plan in place to prevent a disaster. As this market has risen I have taken profits and moved then to a variety of other options. At this time my stock market 401k investments are totally running off profits made following the great obama recession.
    Rules I try to follow,
    solidify your base and run your risk off profits
    bubbles have to burst
    burst bubbles produce great opportunities
    never trust investment predictions
    If everything "disappears through the potholes of the universe", learn to shoot accurately.

    If you pay any attention to what Trump asked congress for and what they actually negotiated with lobbyists, they are quite different.
    Direct your complaints to them not Trump who is not a Republican.
     
  8. Statistikhengst

    Statistikhengst Well-Known Member

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    Wait a minute: Obama did not create the great recession. It began in September, 2008, very specifically, on September 16th. So, why in the world would you call it the "Obama great recession", if not for hyperpartisan reasons?

    As for the rest of your input about divesting, interesting. Thanks for sharing.
     
    Last edited: Dec 28, 2017
  9. GoogleMurrayBookchin

    GoogleMurrayBookchin Banned

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    Seeing the words "Trumpery's Dotage" actually made me consider trying to puncture my jugular with a plastic straw, so thanks for coming up with that abomination.
     
  10. Statistikhengst

    Statistikhengst Well-Known Member

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    Oh, I don't know. To such extremes you do not need to go.
    Perhaps something symbolic, like bragging about grabbing some ***** or something like that...

    :)
     
  11. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    I only state that because lefties are continually trying to give obama credit for the sudden upward movement in the Stock market.
     
  12. Statistikhengst

    Statistikhengst Well-Known Member

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    Hmmm, interesting defense of a ridiculous statement. But if that is your thing, well then...
     
  13. CourtJester

    CourtJester Well-Known Member

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    If you were paying attention you would thank North Korea's Kim who originally calked Trump a dotard. I hold no brief for North Korea but Kim did come up with an truly accurate description of our President.
     
  14. Statistikhengst

    Statistikhengst Well-Known Member

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    I had to look the word up.
    Education is good.
    Education is important.
    I keep recommending it for our Conservative friends, but alas, to almost no avail.
     
  15. GoogleMurrayBookchin

    GoogleMurrayBookchin Banned

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    i would kill myself for a sufficiently hot lunch
     
  16. Statistikhengst

    Statistikhengst Well-Known Member

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    OH LOL LOL LOL
    I like you
    You are like a fresh wind that blows through the living room window
    And then blows the whole joint down.

    Bravo.
     
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  17. CourtJester

    CourtJester Well-Known Member

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    If you had any investment in the market you would know it has been going up steadily throughout most of Obama's two terms. The current Trump rally is confirmstion that the Republican tax plan primarily benefits the rich and not the middle class as promsed.
     
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  18. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    If you had any investment in the market you would know it has been going up for it's entire history. The dips have usually recovered in short periods of time. What Trump brings to the market is business confidence which DID somewhat occur during the obama years because the Republicans had control of the US house of Representatives which is where most spending bills originate.
    Your confusion with Trump and the Republican party is confusing. Trumps tax plan and the republican plan were two different things.
     
    Last edited: Dec 28, 2017
  19. CourtJester

    CourtJester Well-Known Member

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    Yes and what we have is the Republican plan as per Paul Ryan. Nothing in Trump's various ever changing plans has come to fruition. He didn't eliminate carried interest. The plan is not primarly a middle class tax cut. You cannot file on a postcard saying " I win" . There is actually very little simplification. Etc, etc, etc.

    And what Trump brought to the market was the realization that with Republicans controlling the Presidency and Congress the rich, who own the vast majority of stocks, were assured that the proposed tax plans would overwhelmingly favor the rich. And they were right.
     
    Last edited: Dec 29, 2017
  20. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    Carried interest bothers me. Little else does. The definition of "the rich" always depends on where on the income scale you fall. As for stock ownership, you know stocks are bought with after tax dollars and profits are taxed at capital gains rates and losses are limited to $3000 for a person married filing jointly, so risk reward is weighted by the purchaser.

    Much could have been accomplished by the government charging a tiny stock transaction tax which could have produced billions in revenue and would have little effect on small transactions.
     
  21. CourtJester

    CourtJester Well-Known Member

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    Actually I don't know that stocks are bought with after tax dollars since I buy them all the time in my pre tax IRA and the profits are not taxed. And losses do carry over.

    Also how would you structure a tax on stock transactions that would effect bigger transactions at a lower percentage than larger transactions.
     
  22. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    You are forgeting the leftie mantra, "only the rich own stocks"

    Stocks can be purchased pre or post tax dollars. At some point you WILL pay taxes on those gains regardless of the path you follow. If you have a large 401 or IRA the RMD will come up and haunt you, I know and it has.
    If it is a Roth you are OK until the lefties deem you "rich" and decide to tax you again on your money in that account which I am convinced they WILL try to do if they get back in power. Lefties are a shifty bunch and anyone that has more money than they do are the enemy and they start screaming inequality and "your fair share".

    My idea of a transaction tax is a tiny fraction of a percent that is added to each share of stock bought or sold. Same fee regardless of price. Since it is very unlikely individual investors will be buying or selling a very large number of shares as day traders or others do, they will more than likely never notice the small amount they are paying. Speculators or hedge funds will provide the greatest amount on revenue due to the size of their purchases. If you are one of the wealthy that buy and sell hundreds of thousands of shares per month, thanks for your contribution.
     
  23. therooster

    therooster Banned

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  24. Natty Bumpo

    Natty Bumpo Well-Known Member

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    It is important that Trump not resign or be removed before November, 2018.

    Trump's upset was powered by white voters without college degrees. The problem for Republicans? Voters without college degrees have a dismal track record of voting in off-year elections...

    Simply put, 2018 is on track to be the "Year of the Angry White College Graduate." I'd estimate the college-educated share of the electorate will be around 43 or 44 percent next year, up from 39 percent in 2016. That's dreadful news for Republicans: These voters have indicated the highest intensity of opposition to Trump in polls, and we've already seen them power Democrats to victory in Virginia and Alabama...

    [T]hose angry with Trump are much likelier to vote in 2018 than voters who are happy with the status quo. We've seen this dynamic again and again in 2017's special elections.

    Some of the most worrisome signs for Republicans have been the stark turnout differentials between red and blue precincts. In Virginia's gubernatorial election, turnout was up 20 percent over 2013 in blue localities versus 13 percent in red localities. And in the six special congressional elections held in 2017, Democrats have averaged 71 percent of Clinton's 2016 votes, while GOP candidates averaged just 55 percent of Trump's 2016 performance.

    https://www.nbcnews.com/politics/co...house-democrats-take-slight-edge-2018-n832806
     
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  25. CourtJester

    CourtJester Well-Known Member

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    The leftie mantra is the rich own the vast majority of stocks is true. Your perversion of the truth is pathetic.

    And your rational that no one will notice the additional cost of buying or selling a share of stock is proof that you have never been a stock owner.
     

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