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Hahaha, shit happens, eh?


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Author Topic: Hahaha, shit happens, eh?  (Read 36 times)
Kiwithrottlejockey
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« on: February 06, 2018, 03:38:10 pm »


from The New York Times....

Dow Jones and S.&P. Slide Again, Dropping by More Than 4%


from The Washington Post....

Dow closes down nearly 1,200 points in volatile trading


from The Washington Post....

The instant-gratification president reaps what he sows as markets sink


from The Sydney Morning Herald....

$52 billion wiped off Aussie stocks after Wall Street rout



And as the idiot “emperor with no clothes” Donald J. Trump has been shreaking about how the U.S. economy has been doing really well, thanks to him, perhaps he will also take credit for things crashing, eh? Ooooops, did I just see an entire flock of pigs flying past my window?

And it's interesting that the SEPOs have dragged down their sycophatic arse-licking down-under deputy-dawg with them.

Serves the Aussies right for getting into bed with fleas.

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Kiwithrottlejockey
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« Reply #1 on: February 06, 2018, 08:15:17 pm »


from The Washington Post....

Reality is catching up with Trump — everywhere

How's his stock market boast working out for him now?

By DANA MILBANK | 6:16PM EST — Monday, February 05, 2018



PRESIDENT TRUMP, in his State of the Union address last week, boasted to the nation about stock market gains: “The stock market has smashed one record after another, gaining $8 trillion and more in value in just this short period of time.”

He has boasted about the booming market in tweets no fewer than 54 times since taking office. Including boasts he has made in speeches, he has celebrated stock market gains roughly 100 times. In January alone had extolled the “record stock market,” the “most explosive stock market rally,” the “incredible” gains, and more.

And how is that boast working out for him now?

The Dow Jones industrial average plunged 1,175 points on Monday, its biggest one-day point drop in history, following Friday's beastly 666-point slide. The S&P 500 has lost more than $1 trillion in market value in just three trading days, and the Dow's 8 percent drop in six trading days wiped out the year's gains.

Stocks rise and fall, but the recent sell-off shows the ultimate folly of the president's fact-free existence. For a year, he took credit for stock market gains that were the continuation of a nine-year bull market (a market he had called a “bubble” before assuming the presidency). Now, the market is, arguably, beginning to react to Trump's actual policies — a tax cut that added fuel to an already strong economy, raising fears it will overheat, causing inflation, higher interest rates and recession.

In ways large and small, reality is catching up with Trump.

In the same State of the Union address, Trump boasted that “African American unemployment stands at the lowest rate ever recorded.” (Never mind that this continued an eight-year trend.) Barely 60 hours later, Trump's Labor Department reported that this boast was no longer true: Black unemployment swelled to 7.7 percent in January from 6.8 percent in December.

Reality caught up with the Trump tax cut over the weekend in a most unusual way. Republicans had mocked Nancy Pelosi for saying the cut amounted to “crumbs” for ordinary workers. But on Saturday, House Speaker Paul Ryan tweeted out a message pulled from an Associated Press story: “A secretary at a public high school in Lancaster, Pennsylvania, said she was pleasantly surprised her pay went up $1.50 a week … she said [that] will more than cover her Costco membership for the year.” Amid the social media ridicule that followed — Representative Joe Kennedy noted that the wealthiest Americans get an extra $3,000 per week — Ryan took down the truth-telling tweet.

In Illinois, reality is catching up with Trump, and Republicans, in a less amusing way. Trump has given rhetorical support to white supremacists — in Charlottesville, for example, and with talk about “shithole” African countries. Such comments have won praise from the likes of Richard Spencer, David Duke and the Daily Stormer.

But look where this is Göring. The Chicago Sun-Times just reported that a white-supremacist Holocaust denier is now poised to be the Republican nominee in a Chicago-area congressional district. At the same time, a Republican state representative challenging the state's Republican governor released a vulgar ad portraying a deep-voiced transgender person thanking the governor for the right to use a girls bathroom, a woman in a pink protest hat thanking him for her abortions and a black teacher thanking him for bailing out public schools.

State party officials can't get either candidate to back off — and no wonder. The president of the United States and leader of the party has, with his actions, licensed this anything-goes environment.

Reality also threatens to upend Trump's claim that the infamous Devin Nunes memo vindicated him in the Russia probe. Now Trump faces an unpalatable choice — declassify a Democratic rebuttal showing the memo was out of context or refuse to release it and appear to be concealing something.

But perhaps nowhere does reality threaten such a rude intrusion into Trump's world as it does on Wall Street. Trump claimed credit for the rising stock market, even though it has been setting records for about six years. But what goes up inevitably must come down.

New York Federal Reserve Bank President William Dudley, in a prescient speech as the market surged last month, said that while he was optimistic about the near term, he was concerned that the tax cut worsened a fiscal position already “far worse” than before the last downturn and that the “extra boost” caused by the tax cuts to an already tight labor market means the Fed “may have to press harder on the brakes at some point over the next few years. If that happens, the risk of a hard landing will increase.”

Now just such a concern is riling markets. For the braggadocious Trump, it could be a particularly hard landing.


__________________________________________________________________________

• Dana Milbank writes about political theater in the nation's capital for The Washington Post. He joined The Post as a political reporter in 2000.

__________________________________________________________________________

Related to this topic:

 • VIDEO: Why is the Dow plunging?

 • VIDEO: Watch Trump boast about the stock market

 • Dow sees historic drop as inflation fears rock global markets

 • Trump, GOP discover peril of taking credit for stock market


https://www.washingtonpost.com/opinions/reality-is-catching-up-with-trump--everywhere/2018/02/05/83644532-0ac0-11e8-8b0d-891602206fb7_story.html
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Kiwithrottlejockey
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« Reply #2 on: February 06, 2018, 10:04:50 pm »


It's simply delicious....both The Washington Post and The New York Times are full of schadenfreude articles and columns throwing shit at Trump over his stupid boasts that he is responsible for the rise in the stockmarket over the past year and how the stockmarket has now crashed; and how no other president has been dumb enough to connect themself to the stockmarket in that way. Funny how Trump is suddenly very silent when it comes to the market, eh?

It's called KARMA.

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Im2Sexy4MyPants
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« Reply #3 on: February 07, 2018, 09:11:28 pm »


shit happens would be if  someone borrowed this beautiful gun and popped 2 shots into the ugly bezos head Grin


I love how washington post twists reality turns good news into bad news
with it's pure nazi propaganda tactics

why are they always attacking trump? it's because he is over the target and he represents a threat to their power

the 1% are the commie globalist spiders trying to infect the world with their sickness
washington post and msn propaganda is the worst news money can buy

silly question
who controls the stock market?
what is a bubble ?
what is a correction?


« Last Edit: February 07, 2018, 09:16:48 pm by Im2Sexy4MyPants » Report Spam   Logged

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Kiwithrottlejockey
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« Reply #4 on: February 09, 2018, 12:36:46 pm »


from The New York Times....

Stocks Plunge as Market Enters ‘Correction’ Territory



from The Washington Post....

Dow plunges more than 1,000 points on specter of higher interest rates




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Kiwithrottlejockey
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« Reply #5 on: February 09, 2018, 12:38:47 pm »


Yep....the sharemarket is doing really well under the guardianship of the idiot Donald J. Trump.

Hahaha....he is the clown who claimed credit for what happens with the sharemarket.

Which means he has to take responsibility for when it crashes.

No other U.S. president has ever been dumb enough to tie themselves to the sharemarket.

Only Trump is demented/retarded enough to do that.

Now he is reaping what he sowed.

Hahahahahahahahahahahahahahahahahaha!!!!!!!!!!!!!!!!!!!!!

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« Reply #6 on: February 09, 2018, 05:23:02 pm »

stock market has been in a bubble for a long time
caused by all the interest free money that was fed to the banks
from as far back as the bailouts.

now the fed has added interest to the money it is time for the correction

the stock market needs to face up to the reality of no more free money
this has nothing to do with trump although it wont stop the commie trolls coming up with a bullshit story
you will be happy to know this is also an attack on the us economy from the globalist mafia
the same people who create your fake news

u keep making shit up like a little kid on the back of the school bus
i forgive you for being retarded
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Kiwithrottlejockey
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« Reply #7 on: February 09, 2018, 07:27:51 pm »


Donald J. Trump has been boasting via his Twitter account that HE was responsible for the rise in the value of stocks & shares since he became the president.

So it stands to reason that if he is responsible for rises, then he is also responsible for FALLS in the value of stocks & shares.

What a stupid dumbarse.....no other U.S. president has ever been idiot enough to claim responsibility for what the stock market does.

Now, every time the value of stocks & shares plummet, it can all be blamed on Donald J. Trump....the idiot & moron!!

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« Reply #8 on: February 11, 2018, 02:42:31 pm »

you are so alt left your mind has left you and gone off to visit fantasyland
wake up you stupid clown
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