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Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

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Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

rufus said:
Not at this point. Too late, you've already had the losses. Now you just wait for them to recover.
Click to expand...

we're haven't hit the bottom yet, so the losses can get worse.
 
BassAle said:
we're haven't hit the bottom yet, so the losses can get worse.
Click to expand...

Turned on CNBC Radio on XM (112). Jim Cramer just ripped the whole White House on how Wall Street continues to know more than the White House.

Also called for everything to be suspended (mortgage payments, credit card payments, etc) to keep money in Americans hands. Also called for a giant bail out to corporations to keep things at least moving forward. Halting could harm everything.

Also ripped WH for not getting testing kits produced to get ahead of this.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Listening for the inevitable train wreck at opening bell.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Cramer continuing to hammer the Fed to step up and cover the financial health nationwide to ensure that employees can stay home if they're sick and know they will get paid, and companies don't have to shutter.

Cramer also keeps harping that a complete shutdown could bankrupt "a lot of Fortune 500 companies in the next quarter."
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Holy ****. We're down over 1,700 (7%) again.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Bell rings. 2650 is the circuit breaker.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Holy crap. Bitcoin (not that I go anywhere near that toxic waste dump) is off 25%+.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Circuit breaker. 15 minute break.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Two CBs in three days? Nice job donnie.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Once it resumes, next halt is at 13%.

A 20% drop will stop trading for today.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Sure would be nice to have a President who knows his azzhole from a hole in the ground right about now...
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Rover said:
Sure would be nice to have a President who knows his azzhole from a hole in the ground right about now...
Click to expand...

Sure would be nice to have a President who wasn't anti-government and didn't tear down all the infrastructure from the previous President because, things.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Jim Cramer just stepped away from CNBC radio and took a phone call, just came back on air saying that the Fed is looking at enacting some of the things he mentioned earlier on air.

Sounds like there is a big pow-wow happening that will develop a giant stimulus plan dropping soon.
 
Re: Business, Economic, and Tax Policy 9: No, No, No, We Compost The Rich

Floor reopens at 9:50 EDT.
 
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