Joe Ferguson forever Posted Friday at 07:54 PM Posted Friday at 07:54 PM (edited) 2 hours ago, B-Man said: For the past five decades. not sure what you mean. trump promised to balance the budget. He's not. 2 hours ago, IrishLass said: Is the Democratic Party interested in Main St USA? They failed to communicate that in 2024. They're certainly interested in doing no harm. They didn't impose policies that caused nearly everyone to lose big chunks of their 401k's while simultaneously increasing taxes by $3k through tariffs. Edited Friday at 07:59 PM by Joe Ferguson forever
AlBUNDY4TDS Posted Friday at 08:22 PM Posted Friday at 08:22 PM 27 minutes ago, Joe Ferguson forever said: not sure what you mean. trump promised to balance the budget. He's not. They're certainly interested in doing no harm. They didn't impose policies that caused nearly everyone to lose big chunks of their 401k's while simultaneously increasing taxes by $3k through tariffs. Covid policies nuked the economy but please go on.
Joe Ferguson forever Posted Friday at 09:41 PM Posted Friday at 09:41 PM (edited) 1 hour ago, AlBUNDY4TDS said: Covid policies nuked the economy but please go on. no. covid was 2019-20. this is now. he's 1.5 trillion off. no big deal right maga? you'll forgive this pos anything. Edited Friday at 09:44 PM by Joe Ferguson forever
Pokebball Posted Friday at 09:50 PM Posted Friday at 09:50 PM 7 minutes ago, Joe Ferguson forever said: no. covid was 2019-20. this is now. he's 1.5 trillion off. no big deal right maga? you'll forgive this pos anything. Biden's spending to "address covid" went on well into 2022 and perhaps 2023. 2
All_Pro_Bills Posted Friday at 10:11 PM Posted Friday at 10:11 PM 1 hour ago, Joe Ferguson forever said: They're certainly interested in doing no harm. They didn't impose policies that caused nearly everyone to lose big chunks of their 401k's while simultaneously increasing taxes by $3k through tariffs. Agree or disagree with the tariffs, Trump clearly telegraphed his intentions and provided investors with enough lead time to act. So anybody licking their wounds from losing part of their 401/IRA had ample warning to adjust their investments by selling and parking the proceeds in cash to ride it out or by adding some downside insurance, to hedge, to mitigate the risk of loss. If they did nothing it's their own fault they lost money. That said, I expect nobody wants to hear that message. 1 1
stevestojan Posted Friday at 10:37 PM Posted Friday at 10:37 PM On 4/9/2025 at 6:31 AM, B-Man said: . Interesting, but what would be more telling is a Pareto chart of volume or total spend by Americans to each country. Those two under “retaliated” aren’t Bahrain and Vatican City. By themselves, China and Canada make up a great portion of our imports. I think combined, they’re something like 24% of every import.
Joe Ferguson forever Posted Saturday at 12:21 AM Posted Saturday at 12:21 AM 2 hours ago, All_Pro_Bills said: Agree or disagree with the tariffs, Trump clearly telegraphed his intentions and provided investors with enough lead time to act. So anybody licking their wounds from losing part of their 401/IRA had ample warning to adjust their investments by selling and parking the proceeds in cash to ride it out or by adding some downside insurance, to hedge, to mitigate the risk of loss. If they did nothing it's their own fault they lost money. That said, I expect nobody wants to hear that message. Man, you're at a different point in life. Buy and hold, rebalance, use mostly low risk funds is a wise retirement strategy imo. That's where we are. Trying to time trump's whims was a fools errand. Unless you're MTG. Look it up. I don't mind losing randomly from time to time. but having a president bring it on is new one to me.
Joe Ferguson forever Posted Saturday at 02:29 PM Posted Saturday at 02:29 PM A blink and a bow to big tech oligarchs. https://finance.yahoo.com/news/trump-exempts-phones-computers-chips-124707368.html
Big Blitz Posted Saturday at 03:32 PM Posted Saturday at 03:32 PM 9 minutes ago, Joe Ferguson forever said: A blink and a bow to big tech oligarchs. https://finance.yahoo.com/news/trump-exempts-phones-computers-chips-124707368.html That’s what the CHIPS Act does https://www.nbcnews.com/news/amp/rcna194910 This was inevitable - China controls 90 percent of the rare earth elements and can cut them off in response to the tariffs. Thanks to outsourcing our military infrastructure and construction to them for the last 30 years - not sure how we can adequately get ready for WWIII. Would you like the list of defense companies that all almost completely rely on China? Thankfully this administration is working on that: https://thedefensepost.com/2025/03/25/us-defense-industry-china/amp/
Joe Ferguson forever Posted Saturday at 03:35 PM Posted Saturday at 03:35 PM 2 minutes ago, Big Blitz said: That’s what the CHIPS Act does https://www.nbcnews.com/news/amp/rcna194910 This was inevitable - China controls 90 percent of the rare earth elements and can cut them off in response to the tariffs. Thanks to outsourcing our military infrastructure and construction to them for the last 30 years - not sure how we can adequately get ready for WWIII. Would you like the list of defense companies that all almost completely rely on China? Thankfully this administration is working on that: https://thedefensepost.com/2025/03/25/us-defense-industry-china/amp/ so maybe a tariff war with China isn't a good idea. Just a thought...
Pokebball Posted Saturday at 03:35 PM Posted Saturday at 03:35 PM 17 hours ago, All_Pro_Bills said: Agree or disagree with the tariffs, Trump clearly telegraphed his intentions and provided investors with enough lead time to act. So anybody licking their wounds from losing part of their 401/IRA had ample warning to adjust their investments by selling and parking the proceeds in cash to ride it out or by adding some downside insurance, to hedge, to mitigate the risk of loss. If they did nothing it's their own fault they lost money. That said, I expect nobody wants to hear that message. apparently, Joe didn't see it coming
Homelander Posted Saturday at 03:39 PM Posted Saturday at 03:39 PM Trump will drain the swamp this time no doubt.
JDHillFan Posted Saturday at 03:45 PM Posted Saturday at 03:45 PM 5 minutes ago, Homelander said: Trump will drain the swamp this time no doubt. 2
Roundybout Posted Saturday at 03:56 PM Posted Saturday at 03:56 PM 1 hour ago, Joe Ferguson forever said: A blink and a bow to big tech oligarchs. https://finance.yahoo.com/news/trump-exempts-phones-computers-chips-124707368.html How convenient that most of these products are made in China. Donny blinks again! 1
4th&long Posted Saturday at 05:18 PM Posted Saturday at 05:18 PM 'It’s already in the cards': Trump impeachment urged by WSJ editorial board member https://flip.it/r06wyq
Joe Ferguson forever Posted Saturday at 05:18 PM Posted Saturday at 05:18 PM 1 hour ago, Pokebball said: apparently, Joe didn't see it coming The problem with getting out is knowing when to get back in. I think it was Buffet that said that. Warren, not Jimmy.
4th&long Posted Saturday at 05:24 PM Posted Saturday at 05:24 PM As flip-flopping Trump bows to China with iPhone exemptions, critics mock him: ‘Dumbest’ policy ever https://flip.it/qZME pI
Joe Ferguson forever Posted Saturday at 05:24 PM Posted Saturday at 05:24 PM 5 minutes ago, 4th&long said: 'It’s already in the cards': Trump impeachment urged by WSJ editorial board member https://flip.it/r06wyq if he gets brought down, it will be by the financial industry and associated big biz. 1
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