Title: "WHY do democrats and republicans hate each other?"

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  • togor
    Banned
    • Nov 2009
    • 17610

    #16
    Originally posted by Johnny P
    In the absence of facts, blame it on the stock market. During the 1918/19 pandemic the stock market hardly moved.
    Here are some facts:

    DJIA, 20-January: 28256.03

    DJIA, 20-March: 21917.16

    That was a 22% drop, and it was unclear there for awhile where the bottom was. Since then, the Fed has been printing money and loaning it out to keep markets operating. Recall that for a period of time there, even money markets were showing signs of stress. If money markets (not FDIC insured!) were to seize up, then that's a major problem.

    If someone isn't familiar with Trump's preoccupation with the stock market, they simply aren't paying attention.

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    • rayg
      Senior Member
      • Aug 2009
      • 7444

      #17
      Of course nothing to do with the virus right...

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      • togor
        Banned
        • Nov 2009
        • 17610

        #18
        Originally posted by rayg
        Of course nothing to do with the virus right...
        What virus? At least, that's the messaging out of the administration and some courts....nothing to see here, everyone get back to work, school, etc.

        Blaming the virus when ignoring it doesn't work.....what sane, sober adult would do that? This is the problem in a nutshell.

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