SaintsInDome2006

So… when Trump negotiated a trade deal with China in his 1st term, what was that?

My state - again a deep red state - has had like a dozen insurance companies go out of business. Florida is similar. I don’t think they’re extinguishing themselves to placate the woke.

I don’t even understand this part either. Trump himself renegotiated a trade deal with China in his first term. Now he hates it.

If you want a real world example look at Brexit. That's what tariffs mean for the US (or would've before Don's inevitable collapse).

Right, not the bouffant coiffed creamsicle octogenarian doing pirouettes in the Oval Office.

I laughed when I read the WSJ's ED Board's takedown of the whole thing. They have a hotline to the Oval.

That's why the market paused mid-morning. Inside baseball said Trump would capitulate. Thank god. The maga shoppers will still take the brunt on the China taxes though. And manufacturers who produce in China like Musk.

I do agree with her. It's USA Fencing which has created this situation. Basically it's equivalent to PED's and it's up to sports organizations to admit it creates an unfair competitive advantage and physically dangerous situation.

Actually I'm curious about this, given the current climate I don't think the GOP will be pushing for that as they had planned, but we'll see.

Exactly, they do. As do conservative led companies. They don't give a damn about political or online fear mongering.

Ha yeah. But it'll hit every product across the board. Cigars, brandy, champagne, nerf guns, shampoo, beans, power tools, tires, 2x4's, gas grills, shoes, whatever, wherever, we're all getting taxed. But the GOP is now the pro-tax party, because they've been told to be.

Tell you this much, price of coffee is up.

They’re almost entirely led by the most conservative people imaginable but even if they aren’t they wouldn’t let fake outrage get in the way of millions & survival. I’ll add this local story. this is a deep red, pro Trump parish (county) suing an oil company for damage done to the coastline. It’s true this has been going on for decades but they care now because the climate has changed. Republican officials, Republican judge, Republican jury.

Eh, doubt it. Oil is plummeting, which is more about transnational corporations expecting an economic downturn. Red state oil patch is going to get hurt. Only benefit is Putin is getting crushed.

Back to the rice farms they go They’re going to sell to our former clients & business partners.

My point is insurance corporations from Lloyds & AIG to State Farm & FLA Citizens are baking climate change into their premiums. They use sophisticated weather projection programs & they’re led by sone of the most conservative people imaginable.

Over the year. After a pandemic, & the market crashed in March 2020. At the end of Biden, every economic indicator was the best in the world. This is 1 week, and is solely caused by the whims & - I do mean whim, because every economic analysis views this policy as poison - and fiat of one person.

I definitely have increasing insurance costs. What happens is an issue is raised, the response is “I’m fine, you must suck at life.” But politics isn’t about one person. This is a lot like the FF Board & FF in general, no one cares about your roster.

It’s an important point - Trump’s ad valorum taxes aka tariffs aren’t “reciprocal.” They’re invented from thin air.

I live in Louisiana, I’m not a liberal, and it’s reality. You asked, I’m telling you insurance companies have baked worsening, more frequent storms of all types into their pricing formulas. I’m well in control, just living in reality.

More storms, bigger storms, higher costs. If you want to say the climate isn’t changed, I agree, fine. The insurance companies disagree.

I know someone who has a $60K 401K, & he & his wife had to take money out to put their daughter into the 1st year of LSU. There’s a lot of that in this country, they certainly didn’t deserve President Toonces.

I spoke to someone Saturday who had a $35,000.00 storm deductible on their house, which is nowhere near the Lake. And with less immigrant labor & ad valorum taxes piled on top of Canadian lumber by the Mad King construction costs are going to skyrocket. I’d say it’s here.

It’s funny what portion of my post you decided to respond to given your OP. But to this point, no not everyone has 6-8 figures in their portfolio & not everyone has a well balanced book. There are many thousands maybe millions of people genuine harmed by this, & we have deliberately driven our economy towards recession by the hand of one man. Rash, reckless behavior driven by ignorance. Even the maga mad GOP didn’t want this leading into 11/24, but of course they can’t bring themselves to deny this octogenarian country club manager anything.

If Biden had personally overseen this fiasco replete with botching a formula of this nature & wrecked retirement accounts the GOP would have filed articles of impeachment claiming him incompetent for senility within 3 days.