The Trump Presidency

thethe said:
It was a no brainer investment.
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You say that but without federal dollars to invest, you can't.

For example I wanted to buy bitcoins back in 2013, but at the time I was underemployed. It was a no brainer investment for me as I saw the direction of that. But I couldn't justify spending 100 bucks on a single bitcoin much less buying the 100 or so would have wanted. If I had the money I could have turned 10K into 280K a return anyone would have adored. But I didn't have the money to invest.
 
The federal government has a great scheme where they have unlimited money. All you have to do is steal from future generations.
 
Runnin said:
I believe Congress decides what's impeachable, but.

Emoluments

Obstruction of Justice

Collusion/Attempted collusion

Lying on a daily basis

Unauthorized air strikes

Dereliction of Duty/Behavior unbecoming to the office (Boy Scout speech)

Being a clear and present danger to American sovereignty

General incompetence and ignorance (Transgender tweets)

Being an unapologetic lobbyist for a known enemy of America

Having multiple private talks with said enemy of America

Being a money laundering operation for wealthy Russian mafia for decades and thus having a huge conflict of interest making his holding of the office of President unacceptable to even the most basic tenents of national security. Donald Trump could not pass a low level security vetting to work at ANY government office and yet he sits in the most powerful position. Problems???
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OK so most of these things aren't "impeachable" offenses... just things you that make you grumpy. That's OK..

There are a couple of things there that may be (i.e. unauthorized air strikes)... but again I ask, why were you so silent the last 8 years?
 
sturg33 said:
Trump isn't showing much willingness to cut spending.
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Agreed.

My hope is that our GDP growth will help reduce the debt utilization. At some point though I do believe that spending will be reduced from where they were trending in recent years.
 
I have a hard time grasping the argument that six months of Trump have caused the economy to boom in a way that is materially different than how it would have reacted to a Clinton presidency. Certainly there are sectors of the market that are probably reacting favorably to promised DJT policy, but the economy as a whole is growing modestly, just as it has in the recent past. The whole thing seems predicated on the idea that HRC is some kind of red-toothed commie, which she surely is not.
 
Julio3000 said:
I have a hard time grasping the argument that six months of Trump have caused the economy to boom in a way that is materially different than how it would have reacted to a Clinton presidency. Certainly there are sectors of the market that are probably reacting favorably to promised DJT policy, but the economy as a whole is growing modestly, just as it has in the recent past. The whole thing seems predicated on the idea that HRC is some kind of red-toothed commie, which she surely is not.
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https://finance.yahoo.com/news/strategist-tom-lee-investors-biggest-182855759.html

When you stop burdening business with needless regulation you generate a growth economy.

All regulation does is allow big business to crush those businesses who can't absorb the costs of compliance.
 
Julio3000 said:
I have a hard time grasping the argument that six months of Trump have caused the economy to boom in a way that is materially different than how it would have reacted to a Clinton presidency. Certainly there are sectors of the market that are probably reacting favorably to promised DJT policy, but the economy as a whole is growing modestly, just as it has in the recent past. The whole thing seems predicated on the idea that HRC is some kind of red-toothed commie, which she surely is not.
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I don't think the market would be with HRC... bc I think there is legit optimism that Trump policies are pro-growth... and no matter what anyone says, Obama/Clinton did not appear to be pro-business leaders.

But the earnings growth we are seeing in business was already established. Again - Obama had nothing to do with this. But Trump didn't either.

i think Trump is making a huge strategic mistake claiming credit for this stock market. I believe it is a fed induced bubble, and the Fed will likely pop it at some point. When it does, the MSM will have a field day with all of the Trump quotes. The fed now has their fall guy
 
sturg33 said:
I don't think the market would be with HRC... bc I think there is legit optimism that Trump policies are pro-growth... and no matter what anyone says, Obama/Clinton did not appear to be pro-business leaders.

But the earnings growth we are seeing in business was already established. Again - Obama had nothing to do with this. But Trump didn't either.

i think Trump is making a huge strategic mistake claiming credit for this stock market. I believe it is a fed induced bubble, and the Fed will likely pop it at some point. When it does, the MSM will have a field day with all of the Trump quotes. The fed now has their fall guy
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There are still things that Trump can do to stimulate growth through tax reform and overseas repatriation.

I don't believe the market is done with its bull phase. It will inevitably come back down but the new norm for the market is already higher.

3rd quarter growth numbers will be telling. If the country continues to grow at a 2.5 rate thats very good. If it dips below 2 then we are right back in Obama territory. If it somehow touches 3 then every go out and get hammered. Times are going to be great for the next 8 years.
 
thethe said:
There are still things that Trump can do to stimulate growth through tax reform and overseas repatriation.

I don't believe the market is done with its bull phase. It will inevitably come back down but the new norm for the market is already higher.

3rd quarter growth numbers will be telling. If the country continues to grow at a 2.5 rate thats very good. If it dips below 2 then we are right back in Obama territory. If it somehow touches 3 then every go out and get hammered. Times are going to be great for the next 8 years.
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I think the market has gone as far as it can go with existing fundamendals.

If we see tax reform and repatriation, then yeah - we'll get another leg up. I no longer believe the market is pricing in Trump policies 9bc he is showing no ability to get things done)
 
sturg33 said:
I think the market has gone as far as it can go with existing fundamendals.

If we see tax reform and repatriation, then yeah - we'll get another leg up. I no longer believe the market is pricing in Trump policies 9bc he is showing no ability to get things done)
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I think he will get much more GOP support for economic reforms.
 
sturg33 said:
I don't think the market would be with HRC... bc I think there is legit optimism that Trump policies are pro-growth... and no matter what anyone says, Obama/Clinton did not appear to be pro-business leaders.

But the earnings growth we are seeing in business was already established. Again - Obama had nothing to do with this. But Trump didn't either.

i think Trump is making a huge strategic mistake claiming credit for this stock market. I believe it is a fed induced bubble, and the Fed will likely pop it at some point. When it does, the MSM will have a field day with all of the Trump quotes. The fed now has their fall guy
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I agree, FWIW.
 
Julio3000 said:
I have a hard time grasping the argument that six months of Trump have caused the economy to boom in a way that is materially different than how it would have reacted to a Clinton presidency. Certainly there are sectors of the market that are probably reacting favorably to promised DJT policy, but the economy as a whole is growing modestly, just as it has in the recent past. The whole thing seems predicated on the idea that HRC is some kind of red-toothed commie, which she surely is not.
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we are still in an Obama fiscal year as well
 
Transcripts Show How Contentious Trump’s Calls Were With Mexican and Australian Leaders

WASHINGTON — President Trump engaged in contentious telephone calls with the leaders of Mexico and Australia in his early days in office, pressing them to make concessions to satisfy his own domestic political needs in exchanges that turned so sharp that he said talking to President Vladimir V. Putin of Russia was more pleasant.

Transcripts of his calls with President Enrique Peña Nieto of Mexico and Prime Minister Malcolm Turnbull of Australia confirm previous news reports of tension during the conversations in January, just a week after Mr. Trump’s inauguration, and open a window into the world of a new president anxious to fulfill campaign promises while developing relationships with foreign counterparts.

......

https://www.nytimes.com/2017/08/03/...australia.html?smid=fb-nytimes&smtyp=cur&_r=0
 
What do you think "Make America Great Again" was supposed to mean? It promised a return to a time when our country was less diverse and no one questioned a hierarchy that placed white men at the top (today, of course, the hierarchy still exists, but people question it all the time). Many of those white men feel like they've lost something over the years, particularly if their economic prospects are limited. For them, the idea of turning back the clock so they wouldn't have to read signs in Spanish or be polite to people they consider their lessers was nothing short of intoxicating.

http://theweek.com/articles/715980/white-nationalism-week-trump-administration
 
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