Might have to sell some rods and reels to pay for those groceries.

Don’t worry the bail outs are coming for them. But who’s bailing out Americans 401k. And their big money losses .. my sister in law lost 20k. In 1 day .. let’s just say buyers remorse has set in. :smokin:

https://oilprice.com/Latest-Energy-N...Producers.html

I think someone, maybe on the golf course, needs to explain what the phrase day one means or mandate. I can’t get myself to look at my accounts, but since i pay bills out of one of them, i’m guessing I lost at least $35k or more.

She only looses it if she sells.
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That’s wishful thinking.

She didn’t earn that in one day. And she’ll never get it back in one day.. now if she had another 12 years working . Then she could recover. But she was looking to retire in 3. And things aren’t looking like they are going to improve anytime soon.
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Heres hoping something changes
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All depends on what Ron Vara says
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Update her account is now down 48k. Even my account that was moved to minimum risk is down 5k.. 5 trillion gone and they’re still talking tax cuts. :bs:

Had to look unfortunately, I’m down $55K, i just hope that is the bottom. Anyone have any doubts about how this genius bankrupted so many companies? I can only hope enough republicans see the writing on the wall after so much public outrage across, not only this country, but the world and start to stand up against Trump. Like many advisers my managers weren’t predicting a recession, but they obvious didn’t think this administration could be this economically stupid.

I don’t see why anyone would worry Bessent said we should be reassured by the market working very smoothly Friday.
And the rest of the cabinet understands the plan. You can see that because they were on TV at the same time:
NAVARRO: “This is not a negotiation.”
LUTNICK: “Of course they are” open to negotiation.
So with that clarity I’m sure the markets will react appropriately on Monday.
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I learned on This Week that consumers won’t feel price increases because they’ll just lower demand forcing foreign suppliers to reduce cost.

Of course this sort of assumes US manufacturers don’t import raw materials or foreign suppliers can’t sell into other markets.

What would be kind of silly haha funny is if we tariffed everyone so US suppliers wouldn’t sell as much abroad either so those markets would need lower cost suppliers. Haha silly.

We’re gonna be rich.

For posterity I’d just like to note the thread was started nearly a month ago.

Today will be more of the same where every American, blue, red or purple, suffer while more of their hard earned retirement savings go down the drain. The country voted for change, but this was not what they expected. Many thinking about retirement might need to keep working and at the same time they will be looking at higher prices making saving harder, are we all winning now. I think Trump has solidified his place in the history books as the worst president of all time.

'Sometimes you have to take medicine': he said jobs and investment would return to the US to make it "wealthy like never before". DJT

Wealthy for who exactly?

Make the American Great Depression Again.
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They want to imprison anyone for burning down a Tesla.

For 20 years.

What do you think for burning down the stock market?
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:gorez:

Any wonder why 10 of the last 11 recessions since 1953 began under republican presidents. Anyone wonder if what Trump and his rich buddies aren't just manipulating the markets so they can cash in on this, something inside traders would be convicted of, but since the supreme court gave him immunity he is doing what he does best; screw people to enrich himself.

Someone blinked…. Can’t wait to see the spin.

A small habdfull of people just made a lot of money on this manipulation
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I’m not a conspiracy theorist but this seems like more than just stupidity and ignorance.

If history is any measure Jr will be bragging about it tonight.

What the rich getting richer as Trump manipulates the market, tell me it ain’t so.

It’s a small club and you ain’t in it.
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He said buy in the morning 🤷🏻#^&♂️
I didn’t
But to get to that point
He started a global trade war
Panicked the markets
Created massive selloffs; $10T+ in losses biggest ever
Weakens the dollar
Take most of it back at the last minute
Don’t worry lots of American businesses are still going bankrupt from the China tariffs
Recouped some of the losses he was responsible for
People rejoice because it could’ve been much worse, only lost a few trillion in the market and the rest of the world is trying to not have to deal with him.
He literally claims other leaders want to kiss his ass.
China is trying to figure out the best way to replace the dollar and who will join them.
So the situation we’re in is after nine years of missed legal opportunities by others to kill him politically, the victim attempted suicide by tariff and failed.
He’s announced that he’ll try again in 90 days.
Stay positive and be careful
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We all ready for Trump’s get rich scheme week two? Insider trading went as planed week one, he got a nice shower over the weekend, so let’s see what the fun this week has for us as he makes America weaker again, while enriching his rich biddies. So prices are going up (not down as promised) and small companies might not make it and if you think American companies aren’t going to take advantage of an opportunity to raise prices the public will just expect, you don’t remember what they did during and after covid.

Yup. The scheme seems to be to crash the value of the dollar. Stock values and home values will go up as the dollar looses its power… problem is everything else goes up too. Soon everyone will be a millionaire ;)
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With Trumps latest rant about Powell, I suspect the beginning of the upcoming week will be more of the same, hopefully not a big downward spiral. This president is a child and now that he plans to use the IRS to punish his enemies, the circus is just expanding.

Worst dow April performance since 1932, what a winning tariff war the economic genius is running. Only Trump who knows more about everything could tank not only our economy, but the global economy as well.

Im tired of all the winning !
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Musk got suckerd in like all the other Trumpy’s

Elon is taking a break from destroying your retirement plan to focus on saving his.
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The hard core MAGA cult members and that unfortunately includes all the spineless republicans in both houses, will never admit their guy shouldn’t be in the White House.
Hopefully the more centrist republicans and independents have had enough of his bull #^&#^&#^&#^& and the trashing of our constitution and our economy and will pressure their house members.
He has also trashed our reputation around the world and made our country less safe. That is apparent with the chaos in the department of defense and fda cuts eliminated safeguards for the food we rely on.
I am really concerned for the country this clown is going to leave my kids and my grandchildren.
For years I have avoided political commentary on facebook, but this administration needs to be called out for what it is.
As an independent I vote for qualified people and the orange clown and his cabinet of yes men and women aren’t even close to qualified.

Elect a clown, expect a circus
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Gotta love a clown car 🤡
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Can you just imagine if a democratic president tanked the market and then left for the weekend to collect god knows how much money from the Saudi’s and LIV golf. He and Musk don’t even try to hide the grift, it is right out in the open, as they know all the republicans in both houses have lost their spines and moral compass. At least Tesla is tanking so bad maybe Musk will be gone, but the damage will take years to repair, assuming our Republic survives.

Trump crypto soars as president offers dinner to top holders

The price of Donald Trump's cryptocurrency has soared after the US president promised to host two special events for its top investors.
The website for the $Trump meme coin says its 220 biggest holders will be invited to a private gala dinner with the president on 22 May, describing it as the "most EXCLUSIVE INVITATION in the world."

https://www.bbc.com/news/articles/ce8g2kpzx0go

Selling the White House and access…. But but Hunter …

Where are Jim Jordon or Comer now. Or the GOP? Or the maga Hordes Outrage on this open corruption and market manipulation. Yet not a year ago.


Comer and his GOP colleagues on the House Oversight Committee further alleged that the payments, which included some from a Romanian national and a Chinese entity, constitute a “pattern of influence peddling…

What do you call the BBC story? Fake news ?

by the way isn’t political. It’s called presenting the historical FACTS…

No sh*t Wayne, it is unbelievable that the grifting and con is right out there for everyone to see, yet nobody is doing or saying anything. If Biden or Obama were doing it, the right would have already moved to impeach them. And then there is the but but Hilary on the private server and you have the most unqualified head of the DOD using unsecured chat apps and then he has the stupidity to run a dirty internet line into his office.

Clinton got impeached for lying about getting head in the office, but at least he could balance a budget. Trump lies about almost everything he is asked to comment on, from gas pricing being under $2 (yeah if you traveled back in time), to the price of his favorite word groceries. Just when you think it can’t get any worse, another check mark is down on completing the project 25 paybook.

I fear our kids and grandchildren are in for a tough time if something doesn’t slow this out of control train wreck down.

Midterms should be interesting
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No doubt there will be efforts by these project 25 QB’s to affect how that election is run.

Yes they will be ..

As billionaire Elon Musk scales back work for U.S. President Donald Trump, he’s laying the groundwork for a major role as a Republican political megadonor in next year’s midterm elections, according to four people with direct knowledge of the matter.

And the Hispanic support is slipping..