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Posted by: thepinetree on 08/05/2024 07:05 AM Updated by: thepinetree on 08/05/2024 07:05 AM
Expires: 01/01/2029 12:00 AM
:

Markets Start Week Down Sharply

New York, NY...Monday's opening bell saw the Dow down over 1,000 and the Nasdaq down over 3%.






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No Subject
Posted on: 2024-08-05 07:20:17   By: Anonymous
 
Trumps weekend a little turbulent. To put it mildly. He says the most unbelievable bull sh—. You could not get any dumber …

[Reply ]

    Re:
    Posted on: 2024-08-05 07:20:54   By: Anonymous
     
    A complete imbecile …

    [Reply ]

    Re:
    Posted on: 2024-08-05 08:00:05   By: Anonymous
     
    This is just an extraordinary testament to the importance of having a president who understands the power of diplomacy and understands the strength that rests in understanding the significance of diplomacy and strengthening alliances.

    [Reply ]

      Re:
      Posted on: 2024-08-05 12:15:11   By: Anonymous
       
      You forgot the significance of the passage of time:)

      [Reply ]

    Re:
    Posted on: 2024-08-05 08:15:10   By: Anonymous
     
    I think Kamala has spent her adult life listening to other politicians answer questions with responses she didn't understand, and she wrongly assumed noone else understood them either. So by giving long winded, non-sensical, circular answers that noone understands, she thinks she's just doing what other politicians have always done.

    I'm convinced she does not understand why people are giving her a hard time about her word salad answers.

    [Reply ]

      Re:
      Posted on: 2024-08-05 08:47:16   By: Anonymous
       
      Don't care^^I just dig those young hotties at Chapel in the Pines. Ruff, ruff.

      [Reply ]

        Re:
        Posted on: 2024-08-05 11:40:24   By: Anonymous
         
        Xena about all you're going to ruff ruff about sniveler.

        [Reply ]

No Subject
Posted on: 2024-08-05 07:23:21   By: Anonymous
 
The Dow is down because the Coon.

[Reply ]

    Re:
    Posted on: 2024-08-05 08:37:14   By: Anonymous
     
    ^And you are stoopid because you are inbred^

    [Reply ]

No Subject
Posted on: 2024-08-05 07:27:23   By: Anonymous
 
I need to bang my mattress then I'll feel better about the Dow, Sniveler

[Reply ]

No Subject
Posted on: 2024-08-05 07:36:29   By: Anonymous
 
To the Trump hater: if he has said dumb things you don’t agree with, post those quotes so we can agree or disagree with you! Otherwise, your “hate” is just that, hate!

[Reply ]

    Re:
    Posted on: 2024-08-05 08:52:09   By: Anonymous
     
    “ Google, nobody called from Google. One of the things like doing a show like yours, your show, you know, you see it on Fox, but when you really see it is all over the place, they take clips of your show that you’re doing right now with me and if I do a good job, they’re gonna vote for me, they’re gonna vote for me because it’s not just on Fox, it’s on Fox is a smaller part of it. You’re on all over this, those little beautiful cell phones you’re on, you’re all over the place. You have a product, you have a great product. You have a great brand. So you have to get out, you have to get out, you have to do things like your show and other shows and Google has been very bad. They’ve been very irresponsible and I have a feeling that Google is gonna be close to shut down.”

    [Reply ]

      Re:
      Posted on: 2024-08-05 08:52:33   By: Anonymous
       
      Talk about word salad!

      [Reply ]

No Subject
Posted on: 2024-08-05 07:40:54   By: Anonymous
 
My guess is that you agree with getting rid of the border, a choice to buy a gas automobile, or electric, putting violent criminals back out on the street after they have sold drugs, or killed someone, abortion on demand, teaching children that they can be either sex, just to name a few, then Kamala is your canidate, Whoopi!

[Reply ]

    Re:
    Posted on: 2024-08-05 07:52:30   By: Anonymous
     
    Are you trying to imply that the credibility and intelligence of people who believe men can get pregnant and that there are 70+ genders is somehow questionable?

    [Reply ]

      Re:
      Posted on: 2024-08-05 08:11:50   By: Anonymous
       
      No, that's not what they mentioned at all.
      Please read what they said, and if you care to, respond.
      All your what-aboutisms have done nothing but lose you elections.
      Voters know the issues.
      If you cannot address them, you will lose again this November.

      [Reply ]

        Re:
        Posted on: 2024-08-05 08:20:04   By: Anonymous
         
        Totally. So tell us, how many genders do you think there are, and can men become pregnant? Please, tell us all about fluidity and other such wonderful ideas and get your credibility back.

        [Reply ]

          Re:
          Posted on: 2024-08-05 08:24:25   By: Anonymous
           
          Again you dodge the subject.
          However to answer you questions, I myself know nothing about fluidity and believe in only two genders.
          So, I don't fit in your one size fits all idea about liberals.
          Sorry, Jethro.

          [Reply ]

          Re:
          Posted on: 2024-08-05 08:54:39   By: Anonymous
           
          Trump wears orange makeup and Vance wears black eyeliner (guyliner).

          Talk about gender fluidity!

          [Reply ]

            Re:
            Posted on: 2024-08-05 11:18:03   By: Anonymous
             
            Vance is obviously Bi.

            [Reply ]

              Re:
              Posted on: 2024-08-06 05:09:12   By: Anonymous
               
              There's no doubt Sniveler a fag got

              [Reply ]

It's Only the Beginning 🎶🎵
Posted on: 2024-08-05 07:53:09   By: Anonymous
 
You ain't seen nothing yet. $35T debt increasing by $1T every 90 days?

[Reply ]

    Re: It's Only the Beginning 🎶🎵
    Posted on: 2024-08-05 08:16:02   By: Anonymous
     
    That's the Democrat way

    [Reply ]

No Subject
Posted on: 2024-08-05 08:04:32   By: Anonymous
 

JAMES HOWARD KUNSTLER
AUG 5

That two-by-four upside our country’s head you’ve been waiting to get whomped with? Looks like it’s landing now. We got a banger in 2008, but it didn’t make a much of an impression. Maybe you don’t even remember these people, but then Treasury Secretary Hank Paulson and Fed Chair Ben Bernanke came in like a code blue squad and hooked up the banks to an IV-drip speedball of cocaine and heroin, i.e., “money” that didn’t actually exist (a.k.a. “liquidity,” hallucinated capital), and that crew kept it coming for years.
And then Janet Yellen and her posse kept it coming with never-ending zero interest rate policy (ZIRP) until the national debt canceled America’s future. And that left Jerome Powell pretending there was a way out of this doom-loop. Then came the repo market spasm in September 2019 that freaked out the blob so badly they shut down the whole world with Covid and locked-down economies. And everything since then has been a waiting game. The financial world was in hospice.

The wait is over. Everything that can break is breaking: stock markets, bond markets, the galaxy of derivatives — bets on this and that, which will never be honored. Banks are next. Gold and silver are hanging in there for dear life just now, because they’re actually worth something. (And because they are worth something, they‘ll eventually sell off some too, to cover margin calls on other stuff hemorrhaging value. But they will not go to zero like a lot of other stuff, and they’ll come back stronger.)

You understand this can’t play out like it did in 2008-9. The authorities are out of tricks and out of fake money. They can try the emergency interest rate cut, but it won’t change what is actually happening: the epic revaluation of everything humans make and own — with much of it losing value and quite a bit losing all value because it never really had any. The spooky catch is that there will be an attempt in this wild and terrifying process, for certain devious, unprincipled parties to take possession of many things shaking loose — what remains of collateral. . . real things. . . commodities. . . facilities. . . properties. . . chattels. . . artworks. . . and, of course, whatever securities still have a relationship to realities of production.

This brings a sharp end to the current political sitcom, especially the situation of the Democratic Party. They will get blamed for the economic carnage left behind by the shattered money system. They lied about everything for years, every number, every index, every supposed “policy”.

Kamala Harris won’t be cackling her way out of this. It’s hard to see how she might remain the party’s nominee. She can’t even speak to the massive catalog of prior failures to govern our country coherently and effectively. And it’s equally hard to figure how “Joe Biden,” still presiding emptily over this fiasco, can get Twenty-fifthed out of the way for his feckless veep. More likely, the coming convention will be a desperate, bloody mass cage fight and somebody else will stagger out of it to go through the motions of campaigning in a hopeless cause. Hillary might even decline the roll in this horror show.

Now, I began writing this post well before dawn, eastern time. The action in Asia, across the international date line, was a slaughter. Europe got smacked hard, but not catastrophically. Maybe the Wall Street wonderboys can stop the bleeding here, but the futures numbers sure look grim. I’ll come back later when the US markets have spoken and add a few observations on the situation.

Oh, and you’ve probably noticed that World War Three is shaping up to kick off today.






[Reply ]

    Re:
    Posted on: 2024-08-05 08:18:20   By: Anonymous
     
    Well you took a shot at Harris as far as her probable solution.
    How do you see Trump solving the delimma please?
    With an austerity program for the lower/middle classes and trillions in tax breaks for the wealthy?
    That's all he's got.
    You really believe THAT will work?

    [Reply ]

      Re:
      Posted on: 2024-08-05 10:07:02   By: Anonymous
       
      The Dems only know how to slice pie. They take most of it and give you just a little bit back. They have no idea how pie is actually made and are incapable of making more pies.

      Most of their GDP "gain" have been from increased govt spending which is just juicing the numbers with your money.

      Entrepreneurs and business people which makes up most of the old line GOP actually know how to bake more pies. Increase the supply of pies and employ even more people to make even more pies.

      GOP can grow the economy organically and know how to actually make our economy more competitive in global markets.

      Swamp dwellers can only destroy and distribute what has been created by others. They have ZERO real world skills.

      Leave them in charge too long and we will all literally starve to death.

      [Reply ]

        Re:
        Posted on: 2024-08-05 11:13:26   By: Anonymous
         
        Look, the only pie Trump and the MAGA GOP is interested in growing is their own pie.
        And they're going to do that by eating everyone else's pie.
        That's exactly what intelligent voters know.
        That's why intelligent voters are voting for Harris in November and sending Trump on to a good black job.

        [Reply ]

          Re:
          Posted on: 2024-08-05 12:17:34   By: Anonymous
           
          Even you don't believe that.

          [Reply ]

            Re:
            Posted on: 2024-08-05 12:20:09   By: Anonymous
             
            The swamp dwellers have no real world useful skills. They can't make your food cheaper, they can't build you a house, they hate your nuclear family.

            Swamp dwellers are just a drain on society

            [Reply ]

No Subject
Posted on: 2024-08-05 08:11:29   By: Anonymous
 
I can relate to Kamala because she listened to Tupac and Snoop while smoking weed in college.

[Reply ]

    Re:
    Posted on: 2024-08-05 08:19:11   By: Anonymous
     
    I'm beginning to believe Kamala is gay, she's been hiding in the Closet.

    [Reply ]

    Re:
    Posted on: 2024-08-05 08:20:19   By: Anonymous
     
    I can't relate to Trump, he's a dog humper.

    [Reply ]

      Re:
      Posted on: 2024-08-05 08:42:05   By: Anonymous
       
      Ya' know whats "Down Sharply"?
      The average IQ of a Trump supporter.
      Dumber, AND MORE GULLIBLE, than a box of rocks.
      Did you see him this weekend? Did you see the cross section of his base behind him? Did you hear him rant about all that doesn't matter in the least iota to the average American voter? Did you see his shuffle out on stage?
      Did you see him attack A FELLOW REPUBLICAN, one who is the governor of a state he MUST have?

      That dude is losing it, and on the verge of a major meltdown. DonOld hopefully will fully blow it in front of the entire nation.

      [Reply ]

        Re:
        Posted on: 2024-08-05 10:13:56   By: Anonymous
         
        Those MAGA types you denigrate can actually grow the economy. You are crashing it

        [Reply ]

          Re:
          Posted on: 2024-08-05 10:21:51   By: Anonymous
           
          Yes?
          And how are they going to do that?
          With trillions of dollars of tax cuts for the wealthy?
          Please explain their plan for growing the economy.
          Can't do it, can you?
          Because Trump has no plan.
          All he's got is a mouth full of BS.

          [Reply ]

            Re:
            Posted on: 2024-08-05 12:21:56   By: Anonymous
             
            Simple, get you leftists out of the way and let American entrepreneurship and innovation win the day.

            [Reply ]

              Re:
              Posted on: 2024-08-05 12:52:37   By: Anonymous
               
              America is the land of Thomas Edison, Andrew Carnegie and Henry Ford.

              All you leftists that worship the Che Guverra types need to just get out of the way!!!

              The left is nothing but a death cult. You want to kill babies, are for endless wars that kill millions and to top it off want the castration of the next generation

              [Reply ]

                Re:
                Posted on: 2024-08-05 14:02:50   By: Anonymous
                 
                America is the land of like 3 old rich white guys! You’ve got that right.

                [Reply ]

                Re:
                Posted on: 2024-08-05 14:05:04   By: Anonymous
                 
                Biden got us out of our only war.

                [Reply ]

No Subject
Posted on: 2024-08-05 08:49:31   By: Anonymous
 
Obviously, this is Trump’s fault!

[Reply ]


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