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PoTUS 45 LVXII: Pandemic Legacy Season 3

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Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

”It’s illegal to destroy saguaro cactuses. So why are they being removed for Trump’s border wall?l
 
Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

This is great

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">CPAC is like Coachella for people whose grandkids won’t speak to them anymore</p>— Jess Dweck (@TheDweck) <a href="https://twitter.com/TheDweck/status/1101528910309744640?ref_src=twsrc%5Etfw">March 1, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

How dare you! Diamond and Silk are there too!
 
Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

This is great

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">CPAC is like Coachella for people whose grandkids won’t speak to them anymore</p>— Jess Dweck (@TheDweck) <a href="https://twitter.com/TheDweck/status/1101528910309744640?ref_src=twsrc%5Etfw">March 1, 2019</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

She's funny. Yesterday's post:

Personally I feel safe knowing that our coronavirus response is being handled by a man who thinks plagues are caused by unmarried women wearing Bermuda shorts

Or this:

https://twitter.com/thedweck/status/896118788373991424
 
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Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

This is a great ad.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Happening *TONIGHT*: Trump is in North Charleston rallying with Lindsey Graham.<br><br>ALSO: We're going live on SC airwaves with our first TV ad of the cycle — and it's on Fox. Trump knows Lindsey's bad for South Carolina, and so do we. Check it out: <a href="https://t.co/KbDknBhyA0">pic.twitter.com/KbDknBhyA0</a></p>— Jaime Harrison (@harrisonjaime) <a href="https://twitter.com/harrisonjaime/status/1233429202814275585?ref_src=twsrc%5Etfw">February 28, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

Oh, Jack. How many concussions did you have?

“ Former NFL player Jack Brewer declared President Trump the “first black president” during a Black History Month round table discussion at the White House, saying he was a Democrat all his life until he was “changed” and “inspired” by Trump.

“Mr. President, I don’t mean to interrupt, but I’ve got to say this because it’s Black History Month: man, you are the first black president."

https://thehill.com/changing-americ...5162-ex-nfl-player-declares-trump-first-black

Holy crap, that picture
 
Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

I spoke too soon over 800 now...this is an epic collapse.

I had to sell some stock for wedding bills coming up. Oof. I don't feel too bad though because this isn't the bottom. And if it is, whatever.
 
Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

DJIA opened the week at 28.2, currently at 25.2, that's down 3000 points or 10.6% of the market's entire value.

That's not just coronavirus, it's the soft market finally reflecting the realities of Dump's policies. It's the Dump Correction.

The start of it anyway.
 
Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

DJIA opened the week at 28.2, currently at 25.2, that's down 3000 points or 10.6% of the market's entire value.

That's not just coronavirus, it's the soft market finally reflecting the realities of Dump's policies. It's the Dump Correction.

The start of it anyway.

As a non-stock market guy, I understand the percentage lost is significant. But wasn't 14-15k "huge" like 7 years ago. What does the "big" number on this actually mean for us non .01 %-ers. Still seems to be a "big" number based on where the DJI has been for most of the past 30+ years.
 
Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

As a non-stock market guy, I understand the percentage lost is significant. But wasn't 14-15k "huge" like 7 years ago. What does the "big" number on this actually mean for us non .01 %-ers. Still seems to be a "big" number based on where the DJI has been for most of the past 30+ years.

The Great Recession was insanely bad. That will (hopefully) not happen again in our lifetimes.

A 10% correction is the bad end of normal market fluctuation over one generation. Of course, it could get worse over the next 6-10 months. If we get a bigger problem piggybacking this, which is unfortunately not impossible since we never really regulated the vampire squids, then we could get a repeat of those domino bankruptcies, and given who is in charge of the government this time the reaction is certain to be (a) inept and (b) predatory.
 
Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

DJIA opened the week at 28.2, currently at 25.2, that's down 3000 points or 10.6% of the market's entire value.

That's not just coronavirus, it's the soft market finally reflecting the realities of Dump's policies. It's the Dump Correction.

The start of it anyway.

This. The virus is just the catalyst, now everyone's taking their profits before election season starts, especially if there's even a modest chance Sanders could be in the White House next year.
 
This. The virus is just the catalyst, now everyone's taking their profits before election season starts, especially if there's even a modest chance Sanders could be in the White House next year.

Yeah they needed an excuse and here we go. People buying gold like they are now is another harbinger.

A drop this bad is bad over the course of a year...in a week it is approaching freak out mode. The fact it hasn't rebounded at all means Wall Street is beyond nervous which means this isn't just the virus.
 
Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

It rebounded over 400 points in the last ten minutes, but we'll see how next week opens up.
 
Re: PoTUS 45 LVXII: Pandemic Legacy Season 3

Trump Admin taking cues from the South Park episode where they grind up money to cure HIV.

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">BREAKING: Trump officials discuss tax cuts, other emergency measures in hopes of tackling coronavirus fallout, by <a href="https://twitter.com/JStein_WaPo?ref_src=twsrc%5Etfw">@JStein_Wapo</a> and <a href="https://twitter.com/AshleyRParker?ref_src=twsrc%5Etfw">@AshleyRParker</a> <a href="https://t.co/HtSBcykBCz">https://t.co/HtSBcykBCz</a></p>— Damian Paletta (@damianpaletta) <a href="https://twitter.com/damianpaletta/status/1233486006474674176?ref_src=twsrc%5Etfw">February 28, 2020</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 
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