NASDAQ up about 1/3

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  • Vern Humphrey
    Administrator - OFC
    • Aug 2009
    • 15875

    #1

    NASDAQ up about 1/3

    The low at the start of the current 52 week period was 7,290.03. It currently stands at 9,714.74 -- a 33% gain!

    Now some will say Trump had nothing to do with this -- but if it was down by a third, they'd sure as hell blame him!

    So -- anyone want to explain why we should vote for Bernie and not Donald?
  • togor
    Banned
    • Nov 2009
    • 17610

    #2
    Originally posted by Vern Humphrey
    The low at the start of the current 52 week period was 7,290.03. It currently stands at 9,714.74 -- a 33% gain!

    Now some will say Trump had nothing to do with this -- but if it was down by a third, they'd sure as hell blame him!

    So -- anyone want to explain why we should vote for Bernie and not Donald?
    Short the market and vote Bernie, you're saying, right?

    Vernon, you're carrying little to no debt. Same as me, and many others here. But that's not the case for the country at large, or the world at large for that matter. Debt can be imagined a lot of ways, but to me, if there's enough of it, it's like balancing a stack of plates on a stick. As long as everything lines up, it's all good. Put too many plates up there and the load starts to get heavy. Keep loading plates and it's only a matter of time before stuff starts crashing. And if we have learned anything from past debt-related collapses, collateral effects can spread like contagion.

    All past debt-fueled booms have ended the same way. If you want to argue that this one will be different, because....Trump....well you have my attention.

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    • Roadkingtrax
      Senior Member
      • Feb 2010
      • 7835

      #3
      I think Vern is suggesting vote Trump to keep the spoon good and hot. What happens after 2024 may not matter to those in advanced age brackets.
      "The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman

      Comment

      • togor
        Banned
        • Nov 2009
        • 17610

        #4
        Worth adding that Trump himself is a bit down on the economy these days:

        Title 5, United States Code, authorizes me to implement alternative plans for pay adjustments for civilian Federal employees covered by the General Schedule and certain other pay systems if, because of “national emergency or serious economic conditions affecting the general welfare,” I view the increases that would otherwise take effect as inappropriate.
        So things aren't so hot out there apparently, and Federal employees need to take one for the team. Now someone can argue that government employees are overpaid in their own right, but note Trump isn't making that claim. He's invoking a clause for a bad economy exception to the statute.
        Last edited by togor; 02-12-2020, 11:12.

        Comment

        • Roadkingtrax
          Senior Member
          • Feb 2010
          • 7835

          #5
          Originally posted by togor
          Worth adding that Trump himself is a bit down on the economy these days:



          So things aren't so hot out there apparently, and Federal employees need to take one for the team.
          Mexico will pay for it.
          "The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman

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