Bad news for Liberals

[nevergaveitathought]

Originally Posted by friendly fred

I have a friend from way back who is a teacher and he wants the economy to crash to destroy conservative white people. He is not white.

His salary is guaranteed and he has no investments and he irrationally hates Trump.

that guarantee will be shaky without conservative white people

[HedonistForever]

Originally Posted by nevergaveitathought

that guarantee will be shaky without conservative white people

"They" never give that a thought, do they.

[oeb11]

Of course not - "They" are used to being carried on in life by Others.

Perhaps from that stems the desire for an all-encompassing nanny state to take of "Them".


Sounds like a Rod Serling Twilight Zone episode - does it not!

[Tiny]

They were speculating on CNBC this morning that the big correction yesterday wasn't just because of increasing coronavirus cases in places like Arizona and Texas, but also because the market believes it's getting more likely that Biden will win the presidency and the Democrats will control the Senate. That would potentially mean higher taxes on corporate income and capital gains, which means lower after tax income and lower valuations.

[oeb11]

Biden and company will raise taxes on everyone and everything.

They see the Gross national product as their money - not the citizens.

[texassapper]

The basic facts are you can't have socialism with capitalism to pay for the stuff that the socialists promise everyone in order to give up capitalism. They really just DON'T understand math and human behaviour.

[oeb11]

The DPST's are beholden to their idiotology and narrative.

[Texas Contrarian]

Originally Posted by Tiny

They were speculating on CNBC this morning that the big correction yesterday wasn't just because of increasing coronavirus cases in places like Arizona and Texas, but also because the market believes it's getting more likely that Biden will win the presidency and the Democrats will control the Senate. That would potentially mean higher taxes on corporate income and capital gains, which means lower after tax income and lower valuations.

Although I agree that for the reasons you noted the market might sell off if it were to sniff out an increasing likelihood of a big Democratic victory, I'm not sure that's what was happening yesterday.


Regarding trading in Boeing, quite a bit of buzz popped up earlier in the day (Thursday) over the chaotic situation in Seattle, where a lunatic left-wing mayor seems perfectly OK with the attempted secession going on in the heart of the city. BA stock took a quick 12% dip (although it bounced right back today). There may have been a bit of a contagion effect that dinged the entirety of an already nervous market, and BA's market cap is still north of $100 billion. (Not small potatoes, even in today's world!)



In recent months, Boeing had already attracted the attention of a lot of big traders, given all the speculation centered around differing outlooks for the almost comatose airline industry. And since it has a very large operational footprint near Seattle, and draws quite a bit of its workforce from the immediate area, unrest might have caused traders some sudden concerns.


But perhaps now there's growing optimism that patient U.S. diplomatic efforts might convince politburo members from the People's Republic of Chaz that a peaceful transfer of power is in their best interests.
.

[The_Waco_Kid]

Originally Posted by Tiny

They were speculating on CNBC this morning that the big correction yesterday wasn't just because of increasing coronavirus cases in places like Arizona and Texas, but also because the market believes it's getting more likely that Biden will win the presidency and the Democrats will control the Senate. That would potentially mean higher taxes on corporate income and capital gains, which means lower after tax income and lower valuations.

i think your bias against Trump is why you want to perceive any market correction as fear Biden will win. as for CNBC they would blame a dandelion outbreak on Trump.



you are right about one thing .. big biz and the Street do not want Joey to win. they like one of their own in da house .. Trump.

[Tiny]

Originally Posted by CaptainMidnight

Although I agree that for the reasons you noted the market might sell off if it were to sniff out an increasing likelihood of a big Democratic victory, I'm not sure that's what was happening yesterday.


Regarding trading in Boeing, quite a bit of buzz popped up earlier in the day (Thursday) over the chaotic situation in Seattle, where a lunatic left-wing mayor seems perfectly OK with the attempted secession going on in the heart of the city. BA stock took a quick 12% dip (although it bounced right back today). There may have been a bit of a contagion effect that dinged the entirety of an already nervous market, and BA's market cap is still north of $100 billion. (Not small potatoes, even in today's world!)



In recent months, Boeing had already attracted the attention of a lot of big traders, given all the speculation centered around differing outlooks for the almost comatose airline industry. And since it has a very large operational footprint near Seattle, and draws quite a bit of its workforce from the immediate area, unrest might have caused traders some sudden concerns.


But perhaps now there's growing optimism that patient U.S. diplomatic efforts might convince politburo members from the People's Republic of Chaz that a peaceful transfer of power is in their best interests.
.

In the spirit of uniting everyone and creating a Kumbaya moment in history, I think we should give all the CHAZ protesters free acid. I believe both John Ehrlrichman and Abbie Hoffman thought that would be a good idea in the 1960's. Why not give it a try.

[friendly fred]

Originally Posted by dilbert firestorm

nice... you have a friend who's racist. sad ain't it.

Very sad - it’s tragic that guy is a racist but I think everyone has a bit of racism in them but it is OK to hate white people.

[dilbert firestorm]

Originally Posted by friendly fred

Very sad - it’s tragic that guy is a racist but I think everyone has a bit of racism in them but it is OK to hate white people.

bigotist is prolly more accurate than racist.



racism is essentially a government mandate to screw people over.

[friendly fred]

Originally Posted by dilbert firestorm

bigotist is prolly more accurate than racist.



racism is essentially a government mandate to screw people over.

I think the consensus is white conservatives are bad people.

[Why_Yes_I_Do]

Originally Posted by Tiny

They were speculating on CNBC this morning that the big correction yesterday wasn't just because of increasing coronavirus cases in places like Arizona and Texas, but also because the market believes it's getting more likely that Biden will win the presidency and the Democrats will control the Senate. That would potentially mean higher taxes on corporate income and capital gains, which means lower after tax income and lower valuations.

Finished the day up 477 or so. Probably because GEPOTUS Trump moved his OK rally to June 20th and more AMPs are now open.

[Why_Yes_I_Do]

Looks as though the hits just keep rolling in, aka Moar Winning!

Three indicted for allegedly throwing Molotov cocktails at NYPD vehicles, face life in prison

An upstate woman and two Brooklyn lawyers were indicted Friday on federal explosives and arson charges for allegedly tossing Molotov cocktails at NYPD vehicles during George Floyd protests in New York City.

Samantha Shader, 27, of Catskill, is accused of hurling the makeshift explosive at an NYPD vehicle occupied by four police officers on early Saturday morning, May 30.

Prosecutors allege Shader bit one of the officer’s legs when she was being taken into custody.

Around the same time, Brooklyn lawyers Urooj Rahman, 31, and Colinford Mattis, 32, were accused of tossing their own Molotov cocktail at an unoccupied police vehicle in Brooklyn during a separate attack...