Obama the village idiot

[MikeD]

Originally Posted by Jim in CT

The guy isn't in office yet, and he has a real accomplishment under his belt. The market seems absolutely euphoric.

There has been a bump in equities. Running right off the Obama admin if you want to slap fives. Look at US muni bond market. Big fund groups are selling off US debt. Groups like Goldman. The conflicts are many.

[Jim in CT]

Originally Posted by MikeD

There has been a bump in equities. Running right off the Obama admin if you want to slap fives. Look at US muni bond market. Big fund groups are selling off US debt. Groups like Goldman. The conflicts are many.

Equities shot up after the election. Let's be honest, OK?

"Big fund groups are selling off US debt"

Interest rates are going to rise. That has nothing to do with Trump. When interest rates rise, the value of bonds goes down.

"Groups like Goldman. The conflicts are many"

Again, you seem to be saying that to avoid conflicts of interest, the Treasury department should be prohibited from hiring people who have any real-world experience in business. I think the last 8 years have shown me, exactly what happens, when you rely on academics who are well-schooled on theory, but have zero practical experience. No thanks.

[MikeD]

Originally Posted by Jim in CT

but have zero practical experience. No thanks.

Hey we're giving it a try with the most powerful position in the world, why not keep it rolling!

[Jim in CT]

Originally Posted by MikeD

Hey we're giving it a try with the most powerful position in the world, why not keep it rolling!

You could not be more wrong, despite your little dancy thing-y.

The President is the chief executive of the federal government. Trump has significant experience as an executive. I have seen estimates that he has 22,000 employees. Those people are making a living thanks in part to him.

Obama, at the time he was elected, had never run anything. Not a thing. HE was the one with no practical experience as an executive , and I would argue that the results speak for themselves.

Many people argue, quite convincingly, that having decades of nothing but political experience, is a bad thing, not a good thing.

Practical experience, my friend, trumps theory every day, and twice on Sunday.