Friendly reminder about Trump and MAGA

  • Thread starter Thread starter superrific
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superrific said:
Be honest. You didn't see Matt Gaetz as AG coming.
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I figured each-and-every Trump nominee and appointee will be horrible……historically horrible. Is Gaetz someone I thought would be nominated to lead a department or agency? Nope. Does Trump nominating Gaetz surprise me? Nope. I was expecting Gym Jordan.
 
superrific said:
Don't do that. Hedging high oil prices is easy. Hedging macroeconomic trends is hard. And hedging against US economy collapse is even harder.

Back in the 2000s, when the subprime machine was running, you could buy credit default swaps on almost everything. Fannie? CDS, for sure. Any corporate debt issue? Yes.

Except the US debt. There was not much of a market there. And the reason is that any event that causes a debt default could very well cause the counterparty to go insolvent. In other words, that CDS wasn't eliminating the risk; it was just transforming the risk from asset default to counterparty default.

In many ways, hedging against the US economy is like buying nuclear war insurance. Even if you have it, what good does it do among the carnage? You're not necessarily talking about hedging against collapse, but the point is that there are a lot of factors to consider that you don't even know to be factors. By no means do I know all the relevant factors and I used to teach finance. Your hedge is likely to be of limited effectiveness and probably costly.
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This, right here, is the the most intelligent thing you have said on this board.
 
The greatest mistake that Americans have made is they see the ways in which the U.S. has helped to prop up the world’s economy, but fail to see how the world has kept the U.S. economy propped up. In the short term at best, so goes one, so goes the other.
 
ZenMode said:
I have absolutely no idea who the guy is or what are his qualifications. The reaction has been negative, apparently based on his resume. Let's hope he's smart and has smart people around him.

I believe that people are generally good and, when pushed to do something truly harmful, will resist.

Do I not see the doom and gloom because I preferred a Trump win or did I prefer a Trump win because I generally don't see doom and gloom?

Think About It GIF by Identity
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Do you believe that Trump is someone who also sees people as generally good? Do you believe that his cabinet picks see others as generally good? I am not asking whether or not you say they themselves are generally good people, I am asking how you think they view their constituents. How our leaders view us matters. None of his picks strike me as “Ask not what your country can do for you, ask what you can do for your country,” leaders.
 
Centerpiece said:
No kids, no granddkids, retired, house is paid for, car is paid for, got a pension, got SS, got a little nest egg at Edward Jones that is 50/50 in terms of modestly aggressive/safe investments (safe from market "corrections"), got Medicare/Humana, passport is up to date, speak a little German and have friends in Germany and Switzerland, Wife is fluent in Spanish with contacts near Valencia...

I say: bring it on trump... do your worst. Our little bungalow we paid $70,000 for in 1996 will sell for $1/4 mil. tomorrow, no sweat. Cabin in Roan Mtn TN about the same (with the land). Crate up the dogs and cat and sail away. Fuck all the morons in the U.S.
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I speak a good bit of German and I’ve got a 1,061-day streak going on in French in Duolingo, if you guys need a little extra help.

I do have a wife and four minor children, but I’m sure you wouldn’t notice them at all. Much.
 
ZenMode said:
Maybe we should wait to see what actually happens over the next 4 years before deciding how bad it is?
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So we shouldn’t take Trump and Musk at their words? We shouldn’t assume that they will cut 1/3 of the federal budget, create hardship for the middle class, deport over 10 million undocumented workers, and impose significant tariffs on all imports?

Because of f they do those things they promised to do, it will be a shit show.
 
UNCRx85 said:
Hard to believe people are really fine with these cabinet picks. Can't wait to have Judge Jeanine or Alina Habba as AG. The death of expertise will affect us all, and not in good ways. Nothing alarmist or "TDS" about that.

Also,


But I'm sure he's just joking.
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The maga crowd accepts him and assumes everything he says is a joke or a lie, so why stop now.

I've read multiple magas saying that they don't believe he will deport people, that they don't believe he will implement tariffs, etc.

What the fuck did they vote for since they don't believe he will do any of the things he said he would do?
 
Centerpiece said:
Re: TDS - Trump Derangement Syndrome. I realize it was some cockamamie B.S. to "describe" the libs who were/are interminably upset with all things trumpian... but I think that sword cuts the other way more assuredly. TDS more fully describes those Maga who've swallowed all of the KoolAid, those who've allowed trump to grab their pu$$ies, those who literally wanted him to shoot somebody on 5th Ave and still vote for him, just to make his prediction come true. THAT is what is mentally unstable. THOSE are the ones who are deranged. THEY are the deplorables. MAGA are the ones who truly suffer from Trump Derangement Syndrome. HY, Calla, etc. etc.

Folks like Super and others - with much more sense than to vote for the orange one - don't suffer from anything other than lamenting the fact of having 4 more years of the cretin in the White House.

No, TDS is a label assigned to Magas... not Progressives.
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I've been saying this for months.
 
CFordUNC said:
We’ve got an unhinged lunatic at the helm in the Oval Office, and he might have a whole gaggle of sinister assholes around him in his administration, but the federal government is still enormous, the country itself is even larger, and there are far, far more good, decent Americans who want to work to keep our experiment ongoing.
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I don’t suppose you’ve seen Elon Musk’s DOGE job description or how gleeful he seems about it? There’s a reason they want to shred the federal government.
 
ChapelHillSooner said:
So we shouldn’t take Trump and Musk at their words? We shouldn’t assume that they will cut 1/3 of the federal budget, create hardship for the middle class, deport over 10 million undocumented workers, and impose significant tariffs on all imports?

Because of f they do those things they promised to do, it will be a shit show.
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I don't know what Musk has said, not that it really matters, but why would you take Trump at his word? All he does is lie.
 
Calheel said:
You don’t have a very good imagination.
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Maybe not. But the OP said it would be worse than we imagine and even though I think it will be a shit show it is already worse than I imagined it would be.
Maybe some Trump supporters can chime in and point out something that Trump is doing that is better than shit.
 
finesse said:
Root out the duplication with an agency that has two heads. Now that's winning.
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This country suffers losses of a half a trillion dollars a year in fraud. that isn't insignificant. Turn them lose. Gonna piss of a lot of people.
 
Callatoroy said:
This country suffers losses of a half a trillion dollars a year in fraud. that isn't insignificant. Turn them lose. Gonna piss of a lot of people.
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This could be true But how does anyone other than court cases come up with such figures
And -Do you mean Internal govt fraud?-Because that is what this new group is looking at..Sure lots of fraud...but you are implying "Gubment Fraud"
 
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