Whiplash

[Busher]

Another one for the lock but the Whiplash out there is way beyond the actions of a sane person.

[CptTrips]

Daily thrashing of core national economic policy, not based on macro economic forces or Congressional deliberation, but on the arbitrary personal whims of a mad king not quite your tempo? 




IN!

[Animl-AW]

Another one for the lock but the Whiplash out there is way beyond the actions of a sane person.

Its complete utter mental mush.

3 2 1….

[AKIron]

Anyone notice the stock market soaring? Hope you didn't sell or short.

[CptTrips]

Anyone notice the stock market soaring?

My shorts are still up 20% for the year.  How's your 401k? 


You mean after the bond market forced him to fold like a wet tissue?

Ever hear of volatility? 

At least he showed he can be backed down with the correct application of pain.  You put a cattle prod up a donkey's whazoo and you can teach him to deal a deck of cards.  It's merely a matter of voltage.

How is THAT going to help our negotiating position in the future?


Kind reminds me of someone else's "red line in the sand..."



IN!

[AKIron]

I liked Reagan, a lot. But I remember well when he officially devalued the US Dollar against the Japanese Yen. It went from 250 to 150 Yen to the dollar overnight. I was in Okinawa when he did it. I think a tariff would have been better. Instead of paying the Japanese more for their products the difference would have gone back to our coffers. Plus being in Japan it wouldn't have affected me.

[CptTrips]

I liked Reagan, a lot. But I remember well when he officially devalued the US Dollar against the Japanese Yen. It went from 250 to 150 Yen to the dollar overnight. I was in Okinawa when he did it. I think a tariff would have been better. Instead of paying the Japanese more for their products the difference would have gone back to our coffers.

You're an educated man, you do know who pays the tariff right?

You know why the bond market started to a dump on Trumps head?  Today was the first day companies where showing up at docks to pick up goods they had already paid for and then had to write Treasury an additional check for 5, 10, 20, 50% just to receive the goods they thought they had already paid for.

If costs are going to flail wildly, daily, depending on syphilis flareups in the deciders noggin, how do businesses even operate in such amateur insanity?  How do you plan capital expenditures 5, 10, 20 years in the future?

[AKIron]

Replace the income tax with tariffs. Let the half of the country that pays nothing step up.

[CptTrips]

Replace the income tax with tariffs. Let the half of the country that pays nothing step up.

Well that's the point.  I was going to point that out earlier but sounded to tin hat.  That is his real plan.

The plan was to have Elon gut the government back to 1850's level, then eliminate income tax for him and his oligarch friends and shove the load down to average Americans who can barely keep their chins above a water through tariffs passed on to them.

Do you understand what a regressive tax is?

Which means it's a lie.  The tariffs will neve come off.  No matter fairness or negotiation.  It's only if it's 10% or more than 10% from here on out. 

Which is an additional 10% consumption tax on every single average American family.

[nopoop]

I bet a sixpack of cheap beer on the gains in the market today. ..
IN.