gehringer_2 Posted March 30 Posted March 30 (edited) 8 minutes ago, Tiger337 said: I was responding to stock market "crash" which is not necessarily the result of a recession. In the depression you had a stock value crash, which coupled with tariff increases, slowed economic activity and threw people out of work. Since stock prices had cratered, it was difficult for business to raise investment funds to put people back to work - it was an unrighteous feedback loop - and pretty much directionally exactly where Trumps policies point. I think a difference today is the investment class actually has so much political power and is so much better politically organized, that if it comes to it, they will likely find a way to be rid of Trump before he can crash the market in anything like '29. But the other place even working class folks are affected by a market crash is that even if they've never bought a stock, if they have IRAs or 401 or even old style pensions, they are likely invested somewhere that will be affected. Edited March 30 by gehringer_2 Quote
Tiger337 Posted March 30 Posted March 30 9 minutes ago, gehringer_2 said: I think a difference today is the investment class actually has so much political power and is so much better politically organized, that if it comes to it, they will likely find a way to be rid of Trump before he can crash the market in anything like '29. I agree the investment class has the power to stop Trump. They own us. I also don't think Trump wants to tank the economy to that level. He wants absolute power, but he also wants adulation and he won't get that from a depression. The best scenario for him might be a minor recession which he can blame on Biden followed by him saving the country. I also think it's a fairly high probability scenario. It's a question of whether the timing will be right for him. Quote
CMRivdogs Posted March 30 Posted March 30 So what did I miss?Seems like more of the same old. Trump to supporters “Drop Dead” Quote
Tigerbomb13 Posted March 30 Posted March 30 This is a week old, but I just heard about this when she was interviewed on Pod Save America the other day. This is absolutely chilling, and should anger anyone on any side of the aisle. This is what we have become, and it’s no wonder other countries are telling their people to avoid America. This is insane and vile. Here’s the full essay she wrote in her whole ordeal https://www.theguardian.com/us-news/2025/mar/19/canadian-detained-us-immigration-jasmine-mooney Quote
Mr.TaterSalad Posted March 31 Posted March 31 Donald Trump had this guy over for dinner don't forget. Quote
LaceyLou Posted March 31 Posted March 31 12 hours ago, Mr.TaterSalad said: Donald Trump had this guy over for dinner don't forget. And yet when he was doxed where did he go to hide? To his mother's house. Sounds like he'd be most comfortable under the Taliban. Quote
romad1 Posted March 31 Posted March 31 1 hour ago, LaceyLou said: And yet when he was doxed where did he go to hide? To his mother's house. Sounds like he'd be most comfortable under the Taliban. Closeted or not. 1 Quote
chasfh Posted March 31 Posted March 31 My best off-the-cuff guess here is that (1) he wants to outlaw secondary sales between individuals and have that managed only by the big players, so instead of you posting your tickets on StubHub, you will have to sell the ticket back to the ticket broker at face minus fees, provided they have a buyer already lined up to pay face plus fees (something like a stock market exchange); and (2) special pleading and payoffs by the big ticket brokers will exempt them from having to reduce the exorbitant fees they charge on the primary market. Quote
Tigermojo Posted March 31 Posted March 31 33 minutes ago, Tigerbomb13 said: It’s constantly something more embarrassing At least the housing crisis will be solved because we're all going to end up living in caves. Quote
Sports_Freak Posted March 31 Posted March 31 On 3/30/2025 at 7:03 PM, Tigermojo said: The sign in Greeland said Make America Go Away. 1 Quote
Tigermojo Posted April 1 Posted April 1 How many people are going to have to lose their jobs before people show up on the white house lawn demanding the resignations of all these maga clowns? People don't care until it happens to them but it will happen. It's how he makes things great for him and his cronies. Tear it down and buy it cheap. Quote
gehringer_2 Posted April 1 Posted April 1 2 hours ago, Tigermojo said: How many people are going to have to lose their jobs before people show up on the white house lawn demanding the resignations of all these maga clowns? People don't care until it happens to them but it will happen. It's how he makes things great for him and his cronies. Tear it down and buy it cheap. Initial Unemployment Claims are still holding under 200K so employers aren't pulling the plug yet. Ironically, the public perception about tariffs and that inflation is going to get worse is probably driving some increased consumer activity. That certainly seem to be true with auto sales. Quote
smr-nj Posted April 1 Posted April 1 So, is this what we’re now going to spend the next couple of years doing? Quote
romad1 Posted April 1 Posted April 1 4 minutes ago, smr-nj said: So, is this what we’re now going to spend the next couple of years doing? They want to manufacture the story Quote
romad1 Posted April 1 Posted April 1 Please please have at least one of the GOP seats go Dem and the Wi supreme court seat go against Musktrump. Quote
Hongbit Posted April 1 Posted April 1 It’s going to be tough figuring out what’s an April Fools joke and what’s something Trump said today. 1 Quote
Motown Bombers Posted April 1 Posted April 1 Cory Booker is still going. Its been over 12 hours. 2 Quote
romad1 Posted April 1 Posted April 1 17 minutes ago, Tigerbomb13 said: But in their defense they were on a lot more drugs than Mr. Ritchie. Quote
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