SEPTEMBER. SELL-OFF. [insert the face here]
- Thread starter BobPSU92
- Start date
A
anon_xdc8rmuek44eq
Guest
The Dow is down 900 points today. Thus far, September has been an ASS. BEATING.on Wall Street. Apparently the b1g playing football hasn’t been well received by the financial markets.
Hide your money, or ride it out and buy in cheap on the eventual upswing.
Everyone in an uproar over a Canadian TV show dominating the Emmy's....😱
It was a funny market -- valuations had no relation to earnings but people were just riding the momentum. Probably the most overvalued things have been since 1999 or so. This will put more pressure on Potus to get a stimulus package passed.
I was up about four and a half percent for the year at the beginning of the month so I'll probably ride it out and whatever the second stimulus is throw it in as soon as I get it.The Dow is down 900 points today. Thus far, September has been an ASS. BEATING.
Hide your money, or ride it out and buy in cheap on the eventual upswing.
Seems like a waste of public money to prop up something which is overvalued. A free market economy should let the market find its own level. The short term pain will make for a more stable future. Instant financial gratification feels good but the bill will eventually come due.
Do you know how our government works? The POTUS? Try Congress. The fact that they won't at least pass a bill covering those items for which there is common ground tells us all that Congress is willing to crush people for political purposes.
like the way the rules for approving judges change depending on Moscow Mitch's whims?
The rules for approving judges are specified in the US Constitution. Moscow Mitch's whims have nothing to do with it.
The rules regarding the selection of judges are not at all specific. That's why it's such a shit show right now.
Hmmm....let's see here....the rules in 2016 were the same as they are now, but Mitch violated them at his whim in 2016, and is slamming through a pick in the narrow window he has until the election. You don't have to be overly political to see the hypocrisy.
I get the idea that the conservatives want that extra seat in the Supreme Court, but it could bite them in the end. The Dems will now be motivated to expand the Supreme Court and re-balance it, and they might also move to bring Puerto Rico and Washington DC into statehood, adding 4 new Democratic senators.
Is it really worth risking that?
This. Nancy says NO so any package is DOA.
Nah. Mitch did nothing wrong in 2016. He was well within his power to decide if and when to hold a confirmation hearing on Garland.
Also for the slow among us, the "McConnell rule" as the media is championing, was not holding confirmation hearings in an election year when the President and Senate were controlled by different parties. That is not the case this year.
I'm not saying it's right. I'm just clarifying what it is and that the media is either stupid or lying to gin up the democrat base.
Finally, if the Dems get serious about court packing and trump loses, he only needs to pack the court with conservatives during the lame duck session. Let the Dems try to pack it up to 40 justices.
Last edited:
Not yet, but it’s coming. The amateurs always get crushed when the market goes into free fall
So I double checked the Constitution and it doesn't say anything about political parties anywhere. McConnell's justification has no basis in law. It's hypocrisy, plain and simple. Both parties play the game. Since the supreme court is ideally apolitical, an new process needs to be found to select justices.
Washington (the President, not the city) did not want there to even be political parties. He foresaw the corruption that would result- had he known the scale of it, he might have given us back to England.
McConnell did nothing wrong he just followed what has been done since 1880 in 2016. If Obama had a Dem Senate in 2016 there would be one more liberal justice on the Supreme Court. Funny thing is the shoe was on the other foot in 2016 and now we would see the same thing, so grow a set.
Don't get dizzy with all that spinning. McConnell didn't do what has been done since 1880. Please tell me how many times a judicial nomination was submitted and hearings weren't held for 9 months. I'll wait patiently for your answer. And for your own good, lay off the kool aid.
Last edited:
Yes. In the last scenario Democrats said to proceed. Now they are saying hold back. There was another example at end of Clinton's term when they said push forward.
You can see three clips of Schumer saying the opposite in each case.
In the end who is in control of the Senate makes the decision.
LdN
Here's to hoping that happens. And if four years from now the same thing occurs, I want you to hold me to my word, for what that's worth.
The senate should have had a chance to consider obamas duly nominated candidate.
The senate should have a chance to consider trumps duly nominated candidate now.
McConnell is a stone hypocritical political hack.
Schumer is a stone hypocritical political hack.
All those statements are true.
The senate should have a chance to consider trumps duly nominated candidate now.
McConnell is a stone hypocritical political hack.
Schumer is a stone hypocritical political hack.
All those statements are true.
He was ok with asking for draft deferments, though- typical politician in that regard. They are all pussies.The Man Who Broke Politics
Newt Gingrich turned partisan battles into bloodsport, wrecked Congress, and paved the way for Trump’s rise.
The Man Who Broke Politics
Newt Gingrich turned partisan battles into bloodsport, wrecked Congress, and paved the way for Trump’s rise. Now he’s reveling in his achievements.www.theatlantic.com
Basically, Newt championed the mantra that compromise was for pussies...and here we are today. No one should be shocked. Payback is going to be a bitch.
There should be an age limit of 70 years old to hold any political office. Soon our political leaders will look like the bank president in “Mary Poppins”.
Never made the claim and you are correct. Let me reassert however, Mitch did, and is doing nothing wrong.
Chuck schumer would ram a confirmation home if given the oppty. Let's also not forget that this convo is only made possible because Harry Reid and the Dems instituted the nuclear option re: judicial confirmations when they reduced the number of votes from a 60 member super-majority to a simple majority in order to ram through Obama nominees. It's a real shame when your politics bite you in the ass, but make no mistake who is responsible here.
