The Dimocrats have got to be salivating. Finally they’re gonna get the Orange Man. The market dropped another 1000 points today. We’re heading for a recession! Good news.
As I wrote to one of my readers. Do not panic. THE MARKET ALWAYS RECOVERS!
I remember October 1987. It was right before I was leaving for a vacation in France that the market went into a big tailspin. By the time I got back it was already recovering.
The stock market was way over priced. It was long overdue for a correction. That’s what this is. It’s also a buying opportunity. If you’re a retired person like me who is forced by the gummint to take money out of his 401-K the drop in the market sucks. But, I expect it will recover.
If you are a young person who is contributing money to a 401-K or and IRA, this is an opportunity to buy more equities. Once again. THE MARKET ALWAYS RECOVERS!
Another thing the Dimocrats are dancing in glee about is the Coronavirus. Once again, they think, this is gonna be Trump’s Katrina. Didn’t they just think sumpin’ else was gonna be Trump’s Katrina? Remember. what’s bad for America is good for Dimocrats since they hate this country. Notice at the last debate, like all of the others, there was not an American flag in sight.
The Dimocrats are hoping a lot of people will die so they can blame it all on Trump. Maybe they can get 150 million deaths. That will wipe out the rest of the country since Biden sez 150 million have already been killed by guns.
Really, someone needs to take Biden off to a home for the mentally bewildered. Just recently he announced he was running for the US Senate. Leaving him on the campaign trail is abuse of the elderly. He’s done.
I predict the flu will kill more people in this country than the Coronavirus. But that doesn’t fit the narrative. The Dimocrats need a lot of deaths. Of course, if they get them, they will be in cities run by Dimocrats. San Fagcisco could be in real trouble since the Coronavirus can be spread by fecal transmission. All of a sudden that pooping in the streets ain’t such a good idea. Somehow that will be Trump’s fault just like the incompetence of Mayor Asshole and Governor Useless was Bush’s fault during Katrina.
Can you imagine a rat bastard commie like Bolshevik Bernie in charge of a pandemic? Or Chief Sitting Bullshit? She would scold it to death.
Between the stock market and the virus there is way too much hysteria. Settle down. We’re gonna be fine.
Unless we elect a Dimocrat.
Off topic I know, but if you don’t follow Donald Trump Jr on Instagram you’re missing out. He is hilarious. Unfiltered. Straight shooting. So damn funny.
Maybe PDJT should have named Blinky as the corona virus czar. The media would have instantly announced that a cure is on the way and the pandemic has slowed. The markets would miraculously recover too. Of course, she’d take all credit for it, but PDJT could just twatter that he’s the genius who appointed her. She’d blink twice and realize she’d been had again.
Did anyone happen to see Skeletor Pelosi this morning while see was waving her hands around dissing the Potus? She had enough grease on her sorry face to lube my Jeep for a year
The irony is Trump is being vindicated in the tariff war. People have had it suddenly shoved in their faces how depending on a country like Red China is a really bad idea.
For some numbers on what’s really happening, look here.
The one thing that was different in the ‘87 market crash was that the older generations hadn’t offshored most manufacturing. Dubya Bush had a 700 point drop back to below 10k in ‘04 and we had to have Paulson’s Wall Street bailout and the Fed Reserve floating the rest, which vaporized about 40% of everybody’s values in the blink of an eye.
We have had a 3,235 point drop since Monday. Wealth is being destroyed again, all and for only to make sure our President is not re-elected.
Market never shutdown like it did with Bush’s 700 point drop. This is crooked. This is theft, which globalism Wall Street has been wanting since Trump has been in office.
If anyone believes the market is/was overvalued then they are retards that only believe the pie is only just so big and is unable to be bigger.
Cleary not America First thinking with the limitless capabilities of being self sufficient, which younger Americans are craving that previous generations enjoyed.
In your 70’s with 3 – 5 million, yah, you are not getting dinged. Fact is, in your 70’s unless believing the Dennis Hopper nonsense propaganda of that being the new 40’s – every bit of the gains is erased. Time is money.
Ps. I went back on my word. I had promised never to comment here. My apologies. This is just such a gross injustice it needs a counter opinion. I hope I did it respectfully.
Dang it…. *700 point drop to back to below 10k in >> ‘08 <<
We miss you when you don’t comment AD.
Thank you, Denny. I do go off with frustration. No excuse for me not being polite. Which I have not been.
Well, AD, if only “polite” comments were made here, it wouldn’t be the GOC site we all know and love. Don’t deprive us of your thoughts and rants.
Unless you want to.
Yah, but I was obnoxious. Not what I want. Was just pissed at everything. Stuck out instead of conversation.
My apologies and I know better.
I.R., I second that. Forgive and forget.
You would think for once they could put their petty political differences aside and do what’s right for the public. The media hype is getting deep. And people wonder why I do not listen to national or local news. With an exception here and there, nothing but bovine scatology. Bought and paid for. My main concern is with my grandchildren. I have a 6 1/2 month old grandson and a 5 year old granddaughter. I am 66 years old with heart issues and diabetics. Lived on a pacemaker for the past 22 plus years. I’ve lived my life. I want my grandchildren to get their chance.
So let me see if I understand things correctly. Berry left the DOW at, what, about 18.25. Trump was elected and the DOW, over the course of three years, roes to 29.5; so yeah, we were do a correction and some profit taking.
But I’m being told that this correction is being predicated upon supply line issues due to the effects of Covad-19 in China. I guess it’s just me, but seems like entrepreneurial Americans would start businesses to fill those voids. I do understand that bringing business home to the States adds to the cost of products; we MUST get over the idea of depending on “Slave Labor” to create low cost goods.
For me, I’m looking for Pharmaceutical startups to invest in here in the States. As someone in a higher pay grade than myself has often said, “It’s time to put America First”.
“For me, I’m looking for Pharmaceutical startups to invest in here in the States. As someone in a higher pay grade than myself has often said, “It’s time to put America First”.
Bingo. With such a high percentage of our medicine originating from overseas, the supply line itself becomes a matter of national priority. Big Pharm wants to stay rich.
The Lunatics lurch again to the left……. Media assholes are rejoicing in their happiness with the Wall Street panic over the latest version of ” Chinese Flu ” …….. According to the Media , Blinky ,Chuck the Smuck & every Dumbocrat pretending to be a POTUS ” Cant”a date it is really Trump Flu & he is responsible at least for its development, spread & the coming doom for America.
Gloom & Doom is fertilizer for Dumbocrats & their allies , any pain, suffering, death or misery is a price the country must pay for ever have supported Donald Trump.
The lame stream Media studios are celebrating & Dumbocrats are gonna be dancing in the halls of Congress. Forgotten is a lesson they should have learned. If the Dumbocrats are actually correct in their hysterical blame for Trump, one should realize Trump has demonstrated time & again his ability to win against any bullshit attempt to discredit him by the Leftist Dumbocrats.
Here is a thought Rachel Mad Cow would swallow & claim as ” Breaking News “….Not only is Trump at fault , it is likely this latest Flu Epidemic was developed to only strike down Dumbocrats making sure Trump will be re-elected in a cake walk!
OK, Far from reality true & maybe out of line but it certainly is a statement of something only a Dumbocrat could believe & I think the coming election will prove the American people will reject the Left wing Dumbocrats latest attempt to slander Trump.
Remember, the Media people are just cheer leaders not journalists , they do not have any capacity for original thought. However Pelosi . Chuck the Smuck & the Swamp leeches in Washington DC are vile repulsive slugs who are trying to destroy America as a Representative Democratic Republic. This what we must focus on.
With Mike Bloomberg’s ties with China I would not be surprised , In July or With This Virus was started in China . Where I think a test got out of hand and went amok in the creation of a weapon of mass destruction . With Mike Bloomberg’s ties to China , “Something the Democrats will never mention in the debates”! I feel sometime around August of this year Bloomberg will come out and say he has found a cure and has developed a vaccine to control the corona-virus . . ….. .
In late summer before the election he will release the cure . He then will become will become the President of the United States and enable China to rule the world , and destroy our democracy