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You inference that it is a normal, market action independent from Trump’s actions. | |||
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Hello Captain Clueless....some people do not have the luxury of ignoring the market. When you need your retirement, the current market conditions matter. That orange turd you worship is destroying our economy and costing me and my family a shit load of money. The dollar is at a 3 year low, combine that with tariffs and it has pretty much crushed the import business I have built over the last 20 years, that is something that is hard to ignore. | |||
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Here's an argument that Lane hasn't made yet: https://babylonbee.com/news/pe...ore-being-kicked-out People Who Bypassed Legal Process In Migrating To USA Demand Legal Process Before Being Kicked Out U.S. — According to sources, several individuals who bypassed the legal process in migrating to the United States are demanding due process before being deported. "The law has to mean something!" said José, a member of the international crime gang MS-13. "America is a nation of laws, and laws must be followed, except for the ones that say I can't sneak in and do a bunch of murderin'. Those don't count." Washington Democrats blasted the Trump administration for swiftly punishing migrants just because they "broke the law," arguing that migrants shouldn't have to follow the law. "Following the law is for Americans. These noble migrant creatures shouldn't have to follow the law," said Nancy Pelosi. Maryland Senator Chris Van Hollen went even further, going out of his way to personally visit every single person deported by the Trump administration. "All non-American invaders deserve American due process," he said during a meeting with notorious drug lord Sancho Parra. "It's in the constitution somewhere." At publishing time, the United States Supreme Court ruled that President Trump must stop deporting criminals since they snuck into the country fair and square. ************* “Those who control the present, control the past and those who control the past control the future.” George Orwell, 1984 https://www.google.com/search?...sclient=gws-wiz-serp Degenerate 1:1 1 Then Trump said, "Let Us re-make a Nation in MY Image, after My likeness, to rule over everything in the Nation, and over all the earth itself and every creature that crawls upon it". Degenerate 1:2 2 Then Trump said, "Vengeance is mine, I will repay on your behalf." Degenerate 1:3 3 "My Kingdom come, My will be done." "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis O.J. Trump aka Trumpism's Founding Farter, aka Farter Martyr. "Be careful. When a democracy is sick, fascism comes to its bedside, but it is not to inquire about its health." - Albert Camus | |||
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![]() Please define a “normal market action” and then show me any market trend that was unaffected by politics. ![]() ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ J. Lane Easter, DVM A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991. | |||
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The short term market has always fluctuated. The long term market always grows. Fact. I am sorry for your economic distress…I truly am. So far in any industry I deal with, I have experienced zero adverse changes from tariffs or trade policy. As I mentioned, building materials are not up. Medical supplies are steady. Trends on expendable cash are still driving the equine industry. Energy is cheapening but the boot is coming off of the neck of the energy companies — a win win. Market volatility will subside and the longterm market trend line will ascend. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ J. Lane Easter, DVM A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991. | |||
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We are on track for the worst April in the stock market since 1932, the dollar is at a 3 year low and even the bond market is spooked(I did not think that was even a possibility). This is a mess and that SOB Trump's shitty policies are the cause. | |||
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That is the point. This economic crisis is the making of Trump’s policies that are self inflicted. Most folks knew this would happen. It is only the equine surgeon that told us the economy would be fine. Now, that has proven false. He knew it would be. His defense has changed to markers always go up and down ignoring the cause. | |||
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Dollar is down too. https://www.msn.com/en-us/mone...c5bc63dc3de3eb&ei=64 US dollar hits three-year low as stocks tumble after Trump rips fed chair Jerome Powell Story by Mike Bedigan • 5h • 2 min read https://www.msn.com/en-us/mone...c5bc63dc3de3eb&ei=98 Trump's constant Jerome Powell posts signal something much worse than bullying Opinion by Ryan Teague Beckwith • 2h • 3 min read ************* “Those who control the present, control the past and those who control the past control the future.” George Orwell, 1984 https://www.google.com/search?...sclient=gws-wiz-serp Degenerate 1:1 1 Then Trump said, "Let Us re-make a Nation in MY Image, after My likeness, to rule over everything in the Nation, and over all the earth itself and every creature that crawls upon it". Degenerate 1:2 2 Then Trump said, "Vengeance is mine, I will repay on your behalf." Degenerate 1:3 3 "My Kingdom come, My will be done." "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis O.J. Trump aka Trumpism's Founding Farter, aka Farter Martyr. "Be careful. When a democracy is sick, fascism comes to its bedside, but it is not to inquire about its health." - Albert Camus | |||
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Economy and stock market are not the same. The economy is fine. The stock market is volatile at the moment. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ J. Lane Easter, DVM A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991. | |||
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The economy is not fine. See the value of the dollar and the bond market for more proof. The volatility in the stock market is a direct result of Trump's tariff policies. You would need to remove your head from Trump's ass first in order to see clearly. | |||
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Then why is Trump bitching about Jerome Powell? ************* “Those who control the present, control the past and those who control the past control the future.” George Orwell, 1984 https://www.google.com/search?...sclient=gws-wiz-serp Degenerate 1:1 1 Then Trump said, "Let Us re-make a Nation in MY Image, after My likeness, to rule over everything in the Nation, and over all the earth itself and every creature that crawls upon it". Degenerate 1:2 2 Then Trump said, "Vengeance is mine, I will repay on your behalf." Degenerate 1:3 3 "My Kingdom come, My will be done." "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis O.J. Trump aka Trumpism's Founding Farter, aka Farter Martyr. "Be careful. When a democracy is sick, fascism comes to its bedside, but it is not to inquire about its health." - Albert Camus | |||
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Wormtongue says J6 convicts didn't get due process. https://www.msn.com/en-nz/news...gp5?ocid=socialshare Andrew Bates, former White House Senior Deputy Press Secretary in former President Joe Biden's administration, called out one of President Donald Trump's top advisors for saying that those sentenced for storming the Capitol on Jan 6, 2021, did not receive "due process." "The most corrupt administration in U.S. history is getting even more desperate," Bates wrote on the social platform X on Monday in response to a post by White House advisor Stephen Miller saying that the system was rigged against Jan 6. rioters. Miller, who also serves as the White House deputy chief of staff for policy, had claimed in his post that the "entire system" was rigged against those who were arrested for storming the Capitol on Jan. 6. 2021. "If you were an American falsely accused of wrongdoing on January 6th it wasn’t merely difficult to get 'due process,' it was impossible. The entire system was rigged against you. All of it. Those persecuted Americans could only dream of the 'due process' afforded illegal aliens," he wrote in his post. Historian Josh Marshall, reacting to Miller's post, wrote, "Yep, even with Trump's farm-stocked Supreme Court somehow the Jan 6th insurrectionists couldn't get due process. Go figure." ************* “Those who control the present, control the past and those who control the past control the future.” George Orwell, 1984 https://www.google.com/search?...sclient=gws-wiz-serp Degenerate 1:1 1 Then Trump said, "Let Us re-make a Nation in MY Image, after My likeness, to rule over everything in the Nation, and over all the earth itself and every creature that crawls upon it". Degenerate 1:2 2 Then Trump said, "Vengeance is mine, I will repay on your behalf." Degenerate 1:3 3 "My Kingdom come, My will be done." "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis O.J. Trump aka Trumpism's Founding Farter, aka Farter Martyr. "Be careful. When a democracy is sick, fascism comes to its bedside, but it is not to inquire about its health." - Albert Camus | |||
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Actually, they did receive due process. Any due process challenges with merit we will never know. That is because they were all pardoned. As it stood, they received full due process. | |||
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The point is that it was a cheap shot by Wormtongue, and a gross lie, and he is a top advisor to Trump. I doubt that there is a more sleazebag, sordid shyster than Wormtongue. ************* “Those who control the present, control the past and those who control the past control the future.” George Orwell, 1984 https://www.google.com/search?...sclient=gws-wiz-serp Degenerate 1:1 1 Then Trump said, "Let Us re-make a Nation in MY Image, after My likeness, to rule over everything in the Nation, and over all the earth itself and every creature that crawls upon it". Degenerate 1:2 2 Then Trump said, "Vengeance is mine, I will repay on your behalf." Degenerate 1:3 3 "My Kingdom come, My will be done." "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis O.J. Trump aka Trumpism's Founding Farter, aka Farter Martyr. "Be careful. When a democracy is sick, fascism comes to its bedside, but it is not to inquire about its health." - Albert Camus | |||
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The people who are really having issues are the ones who basing their plans on what the market has done retired early. Anyone who retired with a questionable level of cushion funds is going to get hurt here. I agree that a lot of the market was unreasonably high with poor P/E, and Lane is right that folks with cash are in a good position to pick up deals (which by the way means whoever is selling is getting screwed by definition…) Yes, if you have the right knowledge and assets you can make money in any market… but the opposite is also true… you can lose money with minimal mistakes in any market as well. | |||
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All of this ignores the Executive does not have the authority to unilaterally issue these tariffs. | |||
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I have not forgotten that the executive orders that are destroying my business are not legal. Team Trump couldn't care less though. | |||
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Is anyone challenging the Constitutionality of Trump's tariffs in court? I can't recall hearing of such a case. | |||
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There are a couple of cases in the Fed. District Courts. The most direct is probably the one pending before US Court on International Trade an Article III of limited subject matter jurisdiction, but national personal jurisdiction. I suggest all look at our past tariffs, pre Trump. The ones named after presidents all had to be passed by Congress. | |||
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Okay, then why is there so much reaction when the exec orders are illegal? ************* “Those who control the present, control the past and those who control the past control the future.” George Orwell, 1984 https://www.google.com/search?...sclient=gws-wiz-serp Degenerate 1:1 1 Then Trump said, "Let Us re-make a Nation in MY Image, after My likeness, to rule over everything in the Nation, and over all the earth itself and every creature that crawls upon it". Degenerate 1:2 2 Then Trump said, "Vengeance is mine, I will repay on your behalf." Degenerate 1:3 3 "My Kingdom come, My will be done." "When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis O.J. Trump aka Trumpism's Founding Farter, aka Farter Martyr. "Be careful. When a democracy is sick, fascism comes to its bedside, but it is not to inquire about its health." - Albert Camus | |||
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Our Executive is relying on the obscure International Economic Emergency Powers Act. No, President has used this power to unilaterally impose tariffs. Until he is stopped. He has sway. Congress has been castigated themselves before him. | |||
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Use the word castrated. | |||
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When you don't bother to proofread, the spell-corrector sometimes picks the wrong word. | |||
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I never heard of the US Court on International Trade. Are its judge or judges appointed for life or subject to disposal by the president? Is standing an issue in these cases? | |||
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Appointed and confirmed by the Senate. It is an Article III court. Think of it as a Fed District Court of limited jurisdiction. However, that limited subject matter jurisdiction is nation wide. It underscores how obscure the Fed law the Executive is basing its actions upon. I do not one about standing. I do know on the cases pending in Fed district courts, the Executive has raised venues and jurisdiction. | |||
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One thing you can bank on - if Biden had caused stock market drops of this magnitude Trump would be bleating about it on his version of Twitter non stop. | |||
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Stocks, the dollar, bonds all crashing. | |||
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This Administration is either heartless or full of dumbasses. Maybe both. Address of Detained Migrant Released Mike | |||
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Rolland as of today, a dozen states have filed actions. These are separate from the few I was aware of previously. The previous cases were filed by individual business entities and an Indian tribe. These state cases look to be filed in the U.S. Court on International Trade. The Executive will raise standing concerning the state party cases. The Executive is pretty stuck by the individual business groups as long as any member can show direct economic loss/harm. | |||
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https://www.federalreserve.gov.../powell20250416a.htm ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ J. Lane Easter, DVM A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991. | |||
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https://www.bbc.com/news/articles/cvg838qq7zqo Trump has even screwed up the bond market, once thought not possible. The economy is not fine, the tariffs will certainly lead to increased inflation and there is a very high chance of stagflation, hence why Powell did NOT lower interest rates. Trump screws up everything he touches. | |||
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Despite the Texas contingent statement prices have already gone up bc of tariff nonsense. | |||
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“Statement prices?” ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ J. Lane Easter, DVM A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991. | |||
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IMF slashes growth forecasts for US and the world https://www.imf.org/en/Blogs/A...omy-enters-a-new-era | |||
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This is a correction, doesn't qualify for a crash. The crash hasn't started yet... TomP Our country, right or wrong. When right, to be kept right, when wrong to be put right. Carl Schurz (1829 - 1906) | |||
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Dems are mentally crashing, that’s obvious Never been lost, just confused here and there for month or two | |||
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Yeah, trump wants Powell to bail him out of his FUCKUPS. And if the Fed lowered rates and it backfired or had litle effect, then what? That fucking Powell; he has no idea what I'm doing. Give me a home where the buffalo roam and I'll show you a house full of buffalo shit. | |||
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https://x.com/rapidresponse47/...488990896656683?s=46 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ J. Lane Easter, DVM A born Texan has instilled in his system a mind-set of no retreat or no surrender. I wish everyone the world over had the dominating spirit that motivates Texans.– Billy Clayton, Speaker of the Texas House No state commands such fierce pride and loyalty. Lesser mortals are pitied for their misfortune in not being born in Texas.— Queen Elizabeth II on her visit to Texas in May, 1991. | |||
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Bullshit. According to any stock tracking service, the NASDAQ is down 675 points for April and 1975 points for the last 3 months- Trump’s magical first 100 days. Bessent is simply full of shit like his orange boss. ![]() Vote Trump- Putin’s best friend… To quote a former AND CURRENT Trumpiteer - DUMP TRUMP | |||
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