Big drops on opening. Dow Jones down 2.8%, NASDAQ down 4.4%

Big drops on opening. Dow Jones down 2.8%, NASDAQ down 4.4%
I would argue that a close second was assigning Merrick Garland who stalled the Trump investigations for over a year but I agree running again was a major fuck up too.Originally Posted by PhaelixWW;54664710[B
“Do not lose time on daily trivialities. Do not dwell on petty detail. For all of these things melt away and drift apart within the obscure traffic of time. Live well and live broadly. You are alive and living now. Now is the envy of all of the dead.” ~ Emily3, World of Tomorrow
Words to live by.
I really can't blame Democrats here. The simple reality is that the average American voter is a fucking idiot. A pickle covered in manure would have been a better choice president than a felon who staged an attempted coup and was bragging about mass deportations and tariffs. However, the majority of American voters chose him over a qualified woman of color who was looking to improve an already solid economy.
It's time to stop passing off blame and put the blame squarely where it belongs.
As I understood it, Biden only decided to run again when Trump announced his candidacy for 2024. Before that, the plan was to only serve one term. He changed his mind because he rightfully thought that another Trump presidency would be an absolute disaster for the US. Since he had beaten Trump before he thought to be the best choice to beat Trump again.
No.
There are some idiots who didn't see this coming, but anyone smart in the business already bailed. That's why Trump has lost thousands of DOW points since his inauguration. The markets will drop, but not crater. I think we'll even see some bounceback later in the afternoon, just nowhere near enough to make this neutral.
Nah.
NYTimes, March 25, 2021: Biden expects to run for re-election in 2024
CNN, November 22, 2021: White House says Biden intends to run for reelection in 2024
He definitely stated his plans to run early. He didn't formally announce it until the race officially began, of course, but the course was laid in the immediate aftermath of the previous election.
R.I.P. Democracy
"The difference between stupidity
and genius is that genius has its limits."
--Alexandre Dumas-fils
In the half hour since, the DOW has dropped even further. 1500 so far. That's bad, currently #5 worst DOW drop by pure number of points, and competing with the COVID crash Trump also oversaw. Trump has erased all DOW gains since summer.
I'm still predicting further losses until noon, then some of those clawed back. Trump unilaterally causing a semi-crash won't be easy to handwave.
Trump has decided to bunker down and surround himself with increasingly deranged people that are now calling for ideological purges
https://www.nytimes.com/2025/04/03/u...?smid=re-share
Laura Loomer, the far-right activist and promoter of conspiracy theories, met on Wednesday with President Trump in the Oval Office, where she pressed for him to fire National Security Council staff members whom she deemed disloyal to him, according to seven people with knowledge of the events.
Mr. Trump may act on some of Ms. Loomer’s recommendations, two of the people said. Ms. Loomer walked into the White House with a sheaf of papers, which amounted to a mass of opposition research attacking the character and loyalty of numerous N.S.C. officials, two of the people said. She proceeded to excoriate them in front of their boss, the national security adviser Michael Waltz, who was also in the meeting.