jerryskids 6,795 Posted April 10 1 hour ago, The Real timschochet said: Agree with all of this. But it really doesn’t apply to this situation. Trump put up these tariffs unnecessarily, and apparently without much consideration of the consequences. If a recession or anything close to that happens, it will be due to his decision-making. And the people that will struggle the most will not have put themselves in that situation, as you wrote: Trump will have put them in that situation, and they will be correct to blame him. So in this case your generalities, which are largely true, aren’t at all relevant. You've said "unnecessarily" a few times I think. Do you think other countries would be coming to the table to negotiate if Trump just talked about taking Corn Pop behind the woodshed, vs. actually implementing the tariffs briefly? 1 1 Share this post Link to post Share on other sites
The Real timschochet 6,763 Posted April 10 28 minutes ago, jerryskids said: You've said "unnecessarily" a few times I think. Do you think other countries would be coming to the table to negotiate if Trump just talked about taking Corn Pop behind the woodshed, vs. actually implementing the tariffs briefly? No I don’t. But I also don’t think those negotiations will turn out to be worth the price. Now I could be wrong about that and I certainly hope that’s the case since it’s too late anyhow. But my position, as of right now, is that this whole thing was unnecessary pain. I base that partly on the fact that, in an apparent panic over what this whole thing was doing to the bond market, Trump lifted most of the tariffs long before the negotiations were completed (or in most cases even started.) What does that tell you? Share this post Link to post Share on other sites
jerryskids 6,795 Posted April 10 8 minutes ago, The Real timschochet said: No I don’t. But I also don’t think those negotiations will turn out to be worth the price. Now I could be wrong about that and I certainly hope that’s the case since it’s too late anyhow. But my position, as of right now, is that this whole thing was unnecessary pain. I base that partly on the fact that, in an apparent panic over what this whole thing was doing to the bond market, Trump lifted most of the tariffs long before the negotiations were completed (or in most cases even started.) What does that tell you? I agree that Trump would have liked to keep the tariffs in place longer than he did, but he misgauged the short-term reaction of the markets, so he pulled them back. I applaud him for pivoting, as I think you have. And it gives him "hand", albeit not as strong, in whatever negotiations follow. As such, I wouldn't call them "unnecessary." 2 Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 20 hours ago, SaintsInDome2006 said: 20 hours ago, Tree of Knowledge said: ART. OF. THE. DEAL. Just a fun fact about "Art Of The Deal": - Trump filed for bankruptcy 5 months after its publication. 1 Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 6 minutes ago, SaintsInDome2006 said: Just a fun fact about "Art Of The Deal": - Trump filed for bankruptcy 5 months after its publication. Link? Share this post Link to post Share on other sites
Hardcore troubadour 15,427 Posted April 10 Australia rejects China’s offer to align with them in response to the Trump tarrifs. So much for alienating our allies. Also, China is Australia’s biggest trade partner. Good day mate! 1 Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 25 minutes ago, SaintsInDome2006 said: 21 hours ago, SaintsInDome2006 said: 21 hours ago, Tree of Knowledge said: ART. OF. THE. DEAL. Just a fun fact about "Art Of The Deal": - Trump filed for bankruptcy 5 months after its publication. 18 minutes ago, Horseman said: Link? Oops so sorry, Trump went bankrupt within 5 months of the publication of his book, "Trump: Surviving at the Top." (Published 8/14/90). Trump filed for bankruptcy roughly 11/17/90 after investigations for fraud and mishandling of funds. (And that was one of the early involvements with Russian mafia IIRC.) He went bankrupt within 3 years of publishing "The Art of the Deal" (published 11/1/87). Share this post Link to post Share on other sites
Tree of Knowledge 1,855 Posted April 10 29 minutes ago, SaintsInDome2006 said: Just a fun fact about "Art Of The Deal": - Trump filed for bankruptcy 5 months after its publication. So? Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 Just now, Tree of Knowledge said: So? Ha well the man is a complete and absolute blowhard when it comes to business. 1 Share this post Link to post Share on other sites
Tree of Knowledge 1,855 Posted April 10 18 minutes ago, SaintsInDome2006 said: Ha well the man is a complete and absolute blowhard when it comes to business. He used our bankruptcy process to create his empire. He saved our economy once and is poised to do it again. 2 1 Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 1 hour ago, SaintsInDome2006 said: Oops so sorry, Trump went bankrupt within 5 months of the publication of his book, "Trump: Surviving at the Top." (Published 8/14/90). Trump filed for bankruptcy roughly 11/17/90 after investigations for fraud and mishandling of funds. (And that was one of the early involvements with Russian mafia IIRC.) He went bankrupt within 3 years of publishing "The Art of the Deal" (published 11/1/87). Yeah sure. Fun Fact: I didn't even have to Google to know you were full of chit. How many other Casinos went under in Atlantic City, you know just to put it in perspective. Lol. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 1 hour ago, SaintsInDome2006 said: Ha well the man is a complete and absolute blowhard when it comes to business. Says a guy who's more successful. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 Ceasars Entertainment lost a casino in Atlantic City during that time period. Ceasars. Boy was a chit company Ceasars is. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 1 hour ago, Tree of Knowledge said: He saved our economy once and is poised to do it again. He's overseen two of the biggest market crashes since 1929, one of which has been directly his fault and which is also leading into a recession. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 1 hour ago, Tree of Knowledge said: He used our bankruptcy process to create his empire. I guess I'll never understand the admiration for this. He's manipulated the laws of the US to avoid creditors repeatedly. I'll admit the fraud is baked into the system, so there's that. But he has repeatedly failed at business, over & over again. It's his political career that has saved his empire, which btw I'm sure you know his father and brother built. 1 Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 13 minutes ago, Horseman said: Says a guy who's more successful. "Art of the Deal!" "Surviving at the Top!" {wait a few months...} ---->>> Bankrupt. Yeah I guess not. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 3 minutes ago, SaintsInDome2006 said: He's overseen two of the biggest market crashes since 1929, one of which has been directly his fault and which is also leading into a recession. Link? Black Monday the market went down 22.6%. 2008 financial crisis was 54%. You're not smart. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 3 minutes ago, SaintsInDome2006 said: "Art of the Deal!" "Surviving at the Top!" {wait a few months...} ---->>> Bankrupt. Yeah I guess not. Wait a few years ---> leader of the free world. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 24 minutes ago, Horseman said: Yeah sure. Fun Fact: I didn't even have to Google to know you were full of chit. How many other Casinos went under in Atlantic City, you know just to put it in perspective. Lol. Interesting, I didn't realize there was more than one: Taj Majal - Trump Revel AC Trump Plaza Hotel and Casino - Trump the Atlantic Club Casino Hotel Showboat Atlantic City (Caesars). So, as it turns out Trump had more than one in AC. That's even worse judgement at least as to his AC investments, than I had realized. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 All hyperventilating nonsense with this crew of effeminates. Jeebus. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 2 minutes ago, SaintsInDome2006 said: Interesting, I didn't realize there was more than one: Taj Majal - Trump Revel AC Trump Plaza Hotel and Casino - Trump the Atlantic Club Casino Hotel Showboat Atlantic City (Caesars). So, as it turns out Trump had more than one in AC. That's even worse judgement at least as to his AC investments, than I had realized. You've been completely wrong 3 times in a row now. Maybe take break. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 4 minutes ago, Horseman said: Link? Black Monday the market went down 22.6%. 2008 financial crisis was 54%. I'll check back in later, but there is this: since 1953 there have been five 2-day declines of 10% on the S&P and 2 of the 5 were under Trump. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 4 minutes ago, SaintsInDome2006 said: I'll check back in later Don't bother. You're a waste of time. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 7 minutes ago, Horseman said: effeminates Buddy, you follow a guy who wears a wig, girdle and makeup and his wife doesn't even live in the same city as him. 1 1 Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 2 minutes ago, Horseman said: Don't bother. Hey, it's no problem. I did find this. 1907: Roosevelt (R) -50% 1929: Hoover (R) -83% 1945: Truman (D) -22% 1974: Ford (R) -42% 1987: Reagan (R) -22% 2001: Bush (R) -45% 2008: Bush (R) -50% 2020: Trump (R) -30% - I'm not sure where you're marking Trump's 2nd era from, when he came into office, from election day, April 1st? Share this post Link to post Share on other sites
jerryskids 6,795 Posted April 10 23 minutes ago, SaintsInDome2006 said: I'll check back in later, but there is this: since 1953 there have been five 2-day declines of 10% on the S&P and 2 of the 5 were under Trump. 16 minutes ago, SaintsInDome2006 said: Hey, it's no problem. I did find this. 1907: Roosevelt (R) -50% 1929: Hoover (R) -83% 1945: Truman (D) -22% 1974: Ford (R) -42% 1987: Reagan (R) -22% 2001: Bush (R) -45% 2008: Bush (R) -50% 2020: Trump (R) -30% - I'm not sure where you're marking Trump's 2nd era from, when he came into office, from election day, April 1st? We're counting Cpvid now? I didn't know you were one of those hacks, I thought you were smarter than that. Noted. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 Two of the largest gains of the S&P in history were under Trump!!!!! Derp. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 22 minutes ago, jerryskids said: We're counting Cpvid now? I didn't know you were one of those hacks, I thought you were smarter than that. Noted. I specifically said further up that the Covid crash wasn't his fault. I think maybe the closest thing I can find to a direct policy driven crash like we're seeing today was 1929 and maybe 2008. In fact if any maga folks want to do it they should give Trump credit for finally acknowledging what was happening and dumping $7 trillion into the market in March 2020. It's like the vaccine thing, they don't like his greatest 2 accomplioshments. Share this post Link to post Share on other sites
jerryskids 6,795 Posted April 10 2 minutes ago, SaintsInDome2006 said: I specifically said further up that the Covid crash wasn't his fault. I think maybe the closest thing I can find to a direct policy driven crash like we're seeing today was 1929 and maybe 2008. In fact if any maga folks want to do it they should give Trump credit for finally acknowledging what was happening and dumping $7 trillion into the market in March 2020. It's like the vaccine thing, they don't like his greatest 2 accomplioshments. If you said that the Covid crash wasn't his fault, then why are you using it as one of his two 10% declines, as if that was his fault? You can't have it both ways. Share this post Link to post Share on other sites
The Real timschochet 6,763 Posted April 10 1 hour ago, SaintsInDome2006 said: Buddy, you follow a guy who wears a wig, girdle and makeup and his wife doesn't even live in the same city as him. Tonydead is easily the most insecure guy here. He constantly makes a point of letting us know how hot his wife is, and how much money he has. In addition he rooted for the LA fires, and seems to enjoy it when people suffer. 3 Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 12 minutes ago, The Real timschochet said: Tonydead is easily the most insecure guy here. He constantly makes a point of letting us know how hot his wife is, and how much money he has. In addition he rooted for the LA fires, and seems to enjoy it when people suffer. Oh, I didn't realize that was him. Thanks. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 57 minutes ago, jerryskids said: If you said that the Covid crash wasn't his fault, then why are you using it as one of his two 10% declines, as if that was his fault? You can't have it both ways. Because the statement was "he saved our economy once" and I pointed out the economy crashed. Then in the same post I acknowledged that the crash wasn't his fault, but regardless the economy was never saved by Trump, far from it. Now if someone wants to talk about the massive dump into the market then please do, but it was also a major contributor to the inflation that got everyone so understandably agitated. As for Trump, we're talking about a guy who called the supply chain "supply change". Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 18 minutes ago, The Real timschochet said: Tonydead is easily the most insecure guy here. He constantly makes a point of letting us know how hot his wife is, and how much money he has. In addition he rooted for the LA fires, and seems to enjoy it when people suffer. Confirmed liar and welcher. Share this post Link to post Share on other sites
Horseman 2,458 Posted April 10 2 minutes ago, SaintsInDome2006 said: Because the statement was "he saved our economy once" and I pointed out the economy crashed. Then in the same post I acknowledged that the crash wasn't his fault, but regardless the economy was never saved by Trump, far from it. Now if someone wants to talk about the massive dump into the market then please do, but it was also a major contributor to the inflation that got everyone so understandably agitated. As for Trump, we're talking about a guy who called the supply chain "supply change". TDS on full display. Share this post Link to post Share on other sites
Hardcore troubadour 15,427 Posted April 10 2 hours ago, SaintsInDome2006 said: He's overseen two of the biggest market crashes since 1929, one of which has been directly his fault and which is also leading into a recession. Yeah. All those brokers down on Wall Street were jumping out of windows. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 1 hour ago, Horseman said: TDS The Derangement thing again - I have questions - the people who line the street outside his country club, the boat parades, the merch stores, the online merch stores, the Trump Bibles..... the children's books... that's not deranged? 1 Share this post Link to post Share on other sites
Hardcore troubadour 15,427 Posted April 10 3 minutes ago, SaintsInDome2006 said: The Derangement thing again - I have questions - the people who line the street outside his country club, the boat parades, the merch stores, the online merch stores, the Trump Bibles..... the children's books... that's not deranged? Let us know when they start burning the stuff. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 1 minute ago, Hardcore troubadour said: Let us know when they start burning the stuff. Sure, I'll keep you posted. 1 Share this post Link to post Share on other sites
Hardcore troubadour 15,427 Posted April 10 9 minutes ago, SaintsInDome2006 said: Sure, I'll keep you posted. Can you tell us what’s going on in that picture? Looks like the police used some non lethal crowd control. You liar. Share this post Link to post Share on other sites
SaintsInDome2006 441 Posted April 10 Just now, Hardcore troubadour said: Can you tell us what’s going on in that picture? No, what is it? Is that Singapore's convention center? Share this post Link to post Share on other sites
