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The Stock Market

Mach said:
I think you make a good point. And America liberals should be wary of demonizing capitalism, both in playing into the hand of Republican propaganda, and because as you point out, it's misguided.
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Yes, given the fact that if we want to do away with "capitalism" we have to return to the preceding method of exchange, which was "barter"!

Capitalism is outrageous only when Income Taxation is too low - what happens is the ogre of significant Income Disparity. Which is not just a Gini Coefficient calculation, but the misery of those incarcerated there. (And in the US that population is around 40 million individuals living an existence below the Poverty Threshold.)

No society in which people care for one another should such misery be allowed.

Mach said:
To function well, the more you remove the restraints on capitalism (which is not necessarily good or bad), the more you need progressive taxation. They go hand in hand, and if done properly. This frees up business dramatically (capitalism) This creates a sort of class division between those that pay the bulk of the taxes, and those that don't
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Agreed - I could not have put it better myself!

Wealth is derived from levels of Income Taxation that allow significant amounts of value (money) to go only to those motivated to earn such aberrant sums. By lowering upper-income taxation, we incentivize people to pursue immense Wealth.

Some cannot see that bad in that. Such Immense Wealth is undeserved and should be taxed and returned to those who were the means of generating it. Americans deserve and need a National Healthcare System and Very low-cost Postsecondary Education. (This lack of Tertiary Education being the prime reason people are born into poverty and remain there!)

Any such monstrously large wealth is undeserved in a nation where, because of a lack of sufficient taxation, significant Income Disparity is the consequence. It should be the first purpose of any society to suppress Income Disparity.

We cannot all earn the same salary - Communism has taught us the futility of such nonsense. But neither does any society need the monstrous Income Disparity that is the mistake being made in the US today!

Mach said:
But if government taxes sufficiently the high end of that capitalistic wealth, and re-invests it reasonable well back in the general population (which is primarily lower/middle class), then it can function well (despite the class warfare). This offsets the wild disparity you have in terms of who gains from corporate activity (the wealthiest individuals/shareholders).
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Yes, that consequence becomes inevitable. Some call that "The Management of Capitalism", which is something our nation has yet to learn. Because we are still on a mindless bent propelled by the notion that, as regards Wealth, "whatever the amount one has, more of it is always better!"

Which is colossal stoopidity given the observable lifetime penury at the bottom of the societal-scale that exists today.

Mach said:
When Republicans are successful in pushing that progressivity down, as we saw in the recent Trump tax cuts, it's just gong to get further out of balance.
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Donald Dork is/was simply returning a favor to those who supplied him the funds to get elected. He was thinking of his own reelection in two years time. I doubt anything can be done about the nation's evil Income Disparity for as long as we maintain the existing manipulations of the present electoral system.

Both gerrymandering and the Electoral College have been around since 1812. Many people (on this forum) cannot see the inveterate dishonesty of someone who loses the popular-vote becoming PotUS.

People got used to them, and many think wrongly that they are wholly "THE AMERICAN WAY".

Ignorance is bliss ...
 
Bullseye said:
Dude, you're becoming a one trick pony. Yadda, yadda, Trump, yadda, yadda, Trump. Your entire world view is strained through a Trump filter.
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Bullseye. you are blind.

I can sit here and name 20 things that Trump is doing wrong for every one he is doing right and maybe I am giving Trump too much credit. Trump is a scammer and you and his supporters are simply people that have been successfully scammed. Then again, it takes a person that values morals, ethics, principles and humanity to know he is being scammed and that does not talk well of you.
 
Luckyone said:
Bullseye. you are blind.

I can sit here and name 20 things that Trump is doing wrong for every one he is doing right and maybe I am giving Trump too much credit. Trump is a scammer and you and his supporters are simply people that have been successfully scammed. Then again, it takes a person that values morals, ethics, principles and humanity to know he is being scammed and that does not talk well of you.
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That right? Remember those middle class tax cuts you insisted Trump was lying about? Guess what? He's working on them even as your spew

Taxes: If you think President Trump's economic agenda is done as he approaches the mid-point of his first term, you're mistaken. Top White House officials are even now putting the finishing touches on another tax cut of 10%, designed to hit the middle-class as squarely in the pocket book as possible. Is it just an election gimmick?
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He's given millions jobs, pay raises, and hope for the future and all you've got is "he said he's going to do something and it isn't done yet". "He doesn't talk nice".
 
Bullseye said:
That right? Remember those middle class tax cuts you insisted Trump was lying about? Guess what? He's working on them even as your spew





He's given millions jobs, pay raises, and hope for the future and all you've got is "he said he's going to do something and it isn't done yet". "He doesn't talk nice".
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I am sorry but I truly have to laugh. You actually think he is working and further tax cuts for the middle class? That is his SCAM for getting his supporters to go out an vote for the midterm elections.

I guarantee you that it will not only not get done but that it will disappear from his vocabulary after the elections and if he survives another 2 years it will come back for the 2020 election. It is a HOOK to reel in he fish (Trump supporters) and after the election if he says anything is that "the big one got away but that he will reel in another big one soon". Understand, it is a SCAM! he is the SCAM champ.

Gawd, there is always another one around the corner.
 
Luckyone said:
I am sorry but I truly have to laugh. You actually think he is working and further tax cuts for the middle class? That is his SCAM for getting his supporters to go out an vote for the midterm elections.

I guarantee you that it will not only not get done but that it will disappear from his vocabulary after the elections and if he survives another 2 years it will come back for the 2020 election. It is a HOOK to reel in he fish (Trump supporters) and after the election if he says anything is that "the big one got away but that he will reel in another big one soon". Understand, it is a SCAM! he is the SCAM champ.

Gawd, there is always another one around the corner.
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All you can say is "nuh-uh"? Seriously? You have absolutely no basis for anything you say. "But, Trump . . ." is a pitiful straw to cling to while boasting about your self-perceived moral superiority and claiming your thought process is driven by facts and logic. Worst self-delusion I have ever seen.

The irony of your signature line is immense.
 
Bullseye said:
All you can say is "nuh-uh"? Seriously? You have absolutely no basis for anything you say. "But, Trump . . ." is a pitiful straw to cling to while boasting about your self-perceived moral superiority and claiming your thought process is driven by facts and logic. Worst self-delusion I have ever seen.

The irony of your signature line is immense.
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Whatever you say Bullseye. Your opinion means nothing to me. You have shown an inability to think for yourself (Trump puppet) or to value anything that is of value. I talk truth, I talk facts and all you talk are empty words, the same words that Trump uses to Scam people.

Bullseye, you have filled my cup of patience and I have none left for you. I have absolutely no interest in anything else you have to say.
 
Luckyone said:
Whatever you say Bullseye. Your opinion means nothing to me. You have shown an inability to think for yourself (Trump puppet) or to value anything that is of value. I talk truth, I talk facts and all you talk are empty words, the same words that Trump uses to Scam people.
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Funny how you transform "think for yourself" into "think like me".

Luckyone said:
Bullseye, you have filled my cup of patience and I have none left for you. I have absolutely no interest in anything else you have to say.
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Truth hurts, eh? Not surprised you're withering - REAL facts destroy the slogans, superstitions and bigotry you base your thinking on.
 
Bullseye said:
Funny how you transform "think for yourself" into "think like me".

Truth hurts, eh? Not surprised you're withering - REAL facts destroy the slogans, superstitions and bigotry you base your thinking on.
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Withering.jpg
 
Luckyone said:
. Trump is a scammer
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He's a basic probusiness conservative hero, 4.2% GDP, 97% employment, 2 great new SCOTUS justices, peace with North Korea. So far so good!!
 
James972 said:
He's a basic probusiness conservative hero, 4.2% GDP, 97% employment, 2 great new SCOTUS justices, peace with North Korea. So far so good!!
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4% GDP is gone with the wind, never ever to happen again
Peace with NK? have they dismantled a single nuke?
Realism tell us that the Trump stock market is doing horribly, down for the year to date and middle class America has fallen further behind.
 
James972 said:
He's a basic probusiness conservative hero, 4.2% GDP, 97% employment, 2 great new SCOTUS justices, peace with North Korea. So far so good!!
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And that's what drives Trumpophobes like Lucky nuts. Unlike Obama he doesn't make eloquent speeches that deliver nothing; he actually delivers on what he promises.
 
Floridafan said:
4% GDP is gone with the wind, never ever to happen again
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liberal moronic to predict the future, especially since the economy may just be reaching take off speed and capex about to explode etc etc. Shall I sell my house and short the market??
 
Floridafan said:
Peace with NK? have they dismantled a single nuke?
.
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have they fired a missile and have South Korea and Japan assumed all is going well?
 
Floridafan said:
4% GDP is gone with the wind, never ever to happen again
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But at least we'll have a few years in the 3's which is more that Barry ever delivered.
Floridafan said:
Peace with NK? have they dismantled a single nuke?
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Yeah, everything in foreign affairs happens like it does on Madame Secretary - problem solved in 60 minutes including commercials. :roll:

Floridafan said:
Realism tell us that the Trump stock market is doing horribly, down for the year to date and middle class America has fallen further behind.
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And yet UP over 40% since he was elected. I'll take 40% gain in two years any day.
 
James972 said:
have they fired a missile and have South Korea and Japan assumed all is going well?
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You gotta be kidding, Japan is a sworn enemy of NK and nothing has changed. Maybe the reason missiles haven not been fired is that trump finally shut his mouth and stopped insulting the leader of NK. You know that rocket man stuff. other than that NK has done nothing to reduce their nuclear program let alone ending it.
 
Floridafan said:
Realism tell us that the Trump stock market is doing horribly, down for the year to date and middle class America has fallen further behind.
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Trump just took over and Dow is up 20% since he took over, and average wages are up 4%
send the illegals home and wages would be up 10%
 
James972 said:
liberal moronic to predict the future, especially since the economy may just be reaching take off speed and capex about to explode etc etc. Shall I sell my house and short the market??
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Investors are worried about corporate earnings, the dont look too good and combined with trumps tariffs and inflation the run up may be over.
 
James972 said:
Trump just took over and Dow is up 20% since he took over, and average wages are up 4%
send the illegals home and wages would be up 10%
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The DOW is DOWN year to date, what happened before that is no more than history. Wage growth, what little there is, cannot keep up with inflation and the cost of living.
 
Floridafan said:
You gotta be kidding, Japan is a sworn enemy of NK and nothing has changed..
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Does the liberal feel embarrassed yet?



Japanese and North Korean foreign ministers hold first talks since 2015
KYODO

SEP 27, 2018
ARTICLE HISTORY PRINT SHARE
NEW YORK – The foreign ministers of Japan and North Korea on Wednesday held talks for the first time in three years amid expectations that Pyongyang may start taking concrete steps toward denuclearization and engage in more dialogue.

Foreign Minister Taro Kono told reporters that he sat down with North Korean counterpart Ri Yong Ho for about 20 minutes at U.N. headquarters, without giving further details.

The meeting in New York, where the 73rd session of the General Assembly is underway, came a day after South Korea’s presidential office revealed that North Korean leader Kim Jong Un expressed during last week’s inter-Korean summit in Pyongyang his preparedness to engage in direct talks with Japan at an “appropriate time.”
 
James972 said:
Does the liberal feel embarrassed yet?



Japanese and North Korean foreign ministers hold first talks since 2015
KYODO

SEP 27, 2018
ARTICLE HISTORY PRINT SHARE
NEW YORK – The foreign ministers of Japan and North Korea on Wednesday held talks for the first time in three years amid expectations that Pyongyang may start taking concrete steps toward denuclearization and engage in more dialogue.

Foreign Minister Taro Kono told reporters that he sat down with North Korean counterpart Ri Yong Ho for about 20 minutes at U.N. headquarters, without giving further details.

The meeting in New York, where the 73rd session of the General Assembly is underway, came a day after South Korea’s presidential office revealed that North Korean leader Kim Jong Un expressed during last week’s inter-Korean summit in Pyongyang his preparedness to engage in direct talks with Japan at an “appropriate time.”
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If the Trump economy is doing so well, why are the deficits and debt growing so rapidly
 
Floridafan said:
The DOW is DOWN year to date, what happened before that is no more than history. Wage growth, what little there is, cannot keep up with inflation and the cost of living.
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Obama has worst economic record in American History not one year in 8 with 3% growth. A monkey could have done better than Obama, our anti business , you didn't build that, socialist president.
 
James972 said:
Obama has worst economic record in American History not one year in 8 with 3% growth. A monkey could have done better than Obama, our anti business , you didn't build that, socialist president.
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Thats one big fat lie, you need to stop listening to right wing media.
 
Floridafan said:
Investors are worried about corporate earnings, the dont look too good and combined with trumps tariffs and inflation the run up may be over.
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who knows, but Trump is pro business and will always do better than an anti business socialist Solyndra fool like Obama/Sanders.
 
Floridafan said:
If the Trump economy is doing so well, why are the deficits and debt growing so rapidly
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This is the real world not TV. It takes more than 60 minutes including commercials to effect major changes to the economy or the world. Personal income tax revenues hit an all time record, unemployment claims are at record lows, Unemployment rates are rock bottom. Now give it some time.
 
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