Stock Market: Worst December Since the Great Depression
- Thread starter strummingram
- Start date
@NoleSoup4U
I had an idea... Trump is flirting with firing the FR chairman. I wonder if someone, or a group of Anti-Fed people could influence him to sign some EO to emasculate the Fed! Trump is a dope and naive... but, he is president! Get some clandestine anti-Fed guy in there and get him to pull the plug on the Fed!
Of course, that might earn him a toe-tag. But, it would be interesting to see!
With Mnuchin as your Treasury Secretary, I guess that's wishful thinking. Then again, he could tell Mnuchin to EAD and "you're fired!"
I had an idea... Trump is flirting with firing the FR chairman. I wonder if someone, or a group of Anti-Fed people could influence him to sign some EO to emasculate the Fed! Trump is a dope and naive... but, he is president! Get some clandestine anti-Fed guy in there and get him to pull the plug on the Fed!
Of course, that might earn him a toe-tag. But, it would be interesting to see!
With Mnuchin as your Treasury Secretary, I guess that's wishful thinking. Then again, he could tell Mnuchin to EAD and "you're fired!"
The problem is that you can't just pick whoever you want. You have to pick from a pool of "qualified" candidates. So, you couldn't just put Ron Paul in charge of the Fed if you wanted. I'm guessing all the qualifying candidates are from the same economic side of the coin. Although, it would be nice if Trump could throw a monkey wrench into their plans!
No, no, no, no, no...
I mean, an EO to shut it down! Pull the plug on it, permanent hiatus! I dunno the "law" or what makes the institution have the power it has, exactly. However, you'll never get Congress to vote it out of "being." But, since they pissed Trump off, and he probably has less-than-a-rudimentary understanding of the whole process anyway... let him make some declaration saying "We're suspending the Fed's oversight and assistance until further notice."
Even if he could, they would murder him in about five seconds. Look at the last two men who went to battle with a US central bank. They tried to kill Andrew Jackson and they did kill JFK.
I don't think Andrew Jackson's attempt had to do with the Central bank... however, I admit that I know little of his assassination attempt.
And, JFK was murdered by Lee Harvey Oswald- a kook seeking attention, acting alone. No Fed conspiracy.
I just thought it would be an interesting wrinkle. Don't just fire the Fed chairman. Fire the Fed itself!
Imagine if he truly understood monetary policy and how the Fed has actually hijacked the whole system. I started thinking about how his devoted cult following would react if he started bashing the Fed like he bashes the MSM, and anyone else that he blames for his shortcomings! They'd all fall-in-line and hate the Fed with a vengeance!
The best thing he could do would be to allow competing currencies. Imagine if you didn't have to invest in the dollar and you could invest in some sort of commodity backed money?
I'm glad to see troops coming out of Afghanistan... assuming they do.
The DJI dropping by 2% on a daily basis is probably not a good thing.
You can already invest in cryptocurrency, or try to play the exchange rate game. You can just directly buy gold or silver which pretty much operates as a currency considering how liquid it is.
Thinking that the Fed had JFK murdered is absolutely insane.
Thinking that the Fed had JFK murdered is absolutely insane.
I don't think it was just the Fed. He wasn't escalating the Vietnam War, like they wanted, either. As soon as LBJ was sworn in he shot down JFK's silver backed certificates and ramped up the war. I don't think it's too far fetched to believe that he was murdered by some in our own government.
Also, look at Saddam and Ghaddafi. They both decided to spurn the western banking cartels, and look at what happened to them?
Trump is tweeting that the Fed is at fault.
His trade war and shutdown isn't helping the situation, either.
His trade war and shutdown isn't helping the situation, either.
This is laughably silly. But I’ll let you get back to your Alex Jones videos.
Yeah, it’s not like Saddam used chemicals weapons against the Kurds or anything... Him “spurning the western banking cartels” was clearly the only reason to take him out.
I’m rolling my eyes so hard right now, they might get stuck in the back of my head.
The problem I have with this is that the stock market didn't start to crash when he imposed the tariffs. It actually continued to go up, and it was crashing long before talk of a shutdown. I think the contributing factors are a rising interest rate and the fact that the market was just overvalued. It's probably more the latter than the former.
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We gave him the weapons, buddy. What did we think he was going to do with them? Look, he started accepting gold for his oil and that's a big nono when it comes to the banks. Gaddafi had tens of billions of dollars in gold and it was no secret that he was going to start a central bank in Africa that involved a gold-backed currency. To just dismiss these facts is insane. As for Alex Jones, I don't listen to him, never have.
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The instability and this extreme crash aren't going to bode well going forward.
Gas prices will be low, at least.
Wrong again bucko. Saddam got his own chemical weapons from the Iraqi chemical weapons research program during the Iraq-Iran war. He was a murdering dictator that jeopardized the entire region.
These conspiracy theories are absolutely nuts. The Federal Reserve does not have the power to force congress to declare war. They don’t have the power to force a president to order an assasination attempt. If they did, there would be countless whistleblowers by now. This is just silly.
Every word of the above is true.
I'm not going lie and say I know anything about the rest of it because I don't.
Yeah, it's all the Fed's fault:
When the new year begins next week, President Trump will have an acting chief of staff, an acting secretary of defense, an acting attorney general, an acting EPA administrator, no interior secretary, and no ambassador to the United Nations. The officials originally in all those positions have either been fired or have quit in various measures of disgust or scandal. His former campaign chairman, deputy campaign chairman, national security adviser and personal lawyer have all pleaded guilty to crimes. His campaign, his transition, his foundation and his business are all under investigation. The United States’ allies are horrified at the chaos Trump has brought to our foreign policy. The stock market is experiencing wild swings as investors are gripped with fear over what might be coming and what Trump might do to make it worse — a situation alarming enough that the treasury secretary felt the need to call up the CEOs of major banks to assure them that everything is under control.
And, oh yeah, the government is shut down.
This, my friends, is exactly what we were afraid of when Trump somehow managed to get elected president two years ago. This is what we warned you about.
When the new year begins next week, President Trump will have an acting chief of staff, an acting secretary of defense, an acting attorney general, an acting EPA administrator, no interior secretary, and no ambassador to the United Nations. The officials originally in all those positions have either been fired or have quit in various measures of disgust or scandal. His former campaign chairman, deputy campaign chairman, national security adviser and personal lawyer have all pleaded guilty to crimes. His campaign, his transition, his foundation and his business are all under investigation. The United States’ allies are horrified at the chaos Trump has brought to our foreign policy. The stock market is experiencing wild swings as investors are gripped with fear over what might be coming and what Trump might do to make it worse — a situation alarming enough that the treasury secretary felt the need to call up the CEOs of major banks to assure them that everything is under control.
And, oh yeah, the government is shut down.
This, my friends, is exactly what we were afraid of when Trump somehow managed to get elected president two years ago. This is what we warned you about.
Drives me crazy to hear people say it was just about oil or money. They have no idea how badly people were treated over there, or what kind of aspirations those dictators have.
Why would they need to force people into going to war when they can trick them into war? How many WMDs did we find over there again? How many did Hans Blix find? We were duped into that war and we're still paying for it fifteen years later. Nobody is saying that Saddam was a good guy, but the people there were far better off before he was removed.
It's not "all about" any one thing or the other. But, it's just as naive to not acknowledge the importance of money, power, influence and natural resources as a motivation to invest your own time, money, manpower (and loss off) in a war. I've seen plenty of examples of extreme, maniacal, dictator killing shit and the USA didn't send troops in to remove the threat. If there's no incentive, why bother? I sure as hell don't attribute altruism to be the motivating factor for huge armies being shipped around the world.
We could’ve just bought the oil for a hell of a lot cheaper than the cost of invading Iraq and Afghanistan.
Your acting like there is never turnover during an administration. At least Trump's AG didn't have to resign over something like Fast and Furious.
I don't think Afghanistan was about oil. There's a lithium vein and poppy fields, too.
And, it's hard to buy anything cheap if they're selling it in a different currency, or want gold instead of Federal Reserve Notes (or computer digits).
Wow... I never expected the deflection and excuses to flow so heavily from you to help defend Donald-fvcking-Trump.
To be so liberty-minded, you sure hung your hat on one dumb mvtherfvcker.
It wasn't about the oil itself. It was about what Saddam was accepting for the oil.
I'm just pointing out that it happens with every administration. Hell, Obama fired most his original cabinet and loaded it up with status quo players. Again, people come and go. It isn't the big deal everyone is trying to make it out to be.
Guys, relax. He’s a businessman. What’s the worst that could happen?
For some it sounds like pulling us out of these wars. According to news outlets like MSNBC, it's the end of the world.
Either you don't really believe that or you are one stupid f'''
We're not talking about a cabinet member here and there. Are you paying attention? Have you been paying attention?
This dumbfvck is off his rocker. I don't mean that in a passing, joking way. Read his tweets today. prlyles put it into perfect words and a perfect summation. If there is anything metaphoric here it's how this administration has revealed just how long it really takes, in actual time, for the thing to unravel when you have incompetence in charge. We have a stubborn 12-year-old mind playing president.
