"If you are ever asking yourself 'Is Trump lying or is he stupid?', the answer is most likely C: All of the Above" - Seth Meyers
Looks like the DOW's going to end up juuuuust under the -3000 mark for the official close, down to 20188. For those keeping score at home, that's -13%.
It's important to keep in mind the 19827 mark, as that's the DOW closing total on the day Trump was inaugurated. Which means that after a little more than 3 years, we're only about 360 points higher now than when Trump took office.
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...out of 100? That's more honesty than I'd expect, given... oh, wait, nm.
"The difference between stupidity
and genius is that genius has its limits."
--Alexandre Dumas-fils
The hilarity of watching Trump destroy his own presidency because his ego means he is incapable of being contrite during this crisis. Today is proof that the markets no longer have confidence in his leadership and his ability to 'guide' the nation through this pandemic.
I really want to know where his approval rating is at right now because you'd have to be deranged and/or in denial to be giving him good marks.
"If you are ever asking yourself 'Is Trump lying or is he stupid?', the answer is most likely C: All of the Above" - Seth Meyers
PLEASE STOP...PLEASE?
they did not spend 1.5 trillion.
They took assets and invested it in assets that will eventually be worth 1.5 trillion or more.
Its complicated but the value of the transaction is up to 1.5 trillion but the amount actually "spent" is way lower
The actual amount of money spent was a few million on fees and administration cost.
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Probalby hasn't dropped that much because layoffs are still muted and people will still at least get another paycheck in the next two weeks....after that....it could be bad...very bad.
As far as his conference today I'd give it 8.5 out of 10.
He did a good job, muted attitude and did not attack anyone with fake shit until the very end where he made veiled attempts at Obama's response.
Buh Byeeeeeeeeeeee !!
800 billion dollar...umm..."aid" package being prepared for key industries.
i.e - what trump and party called bailouts
man, he's going to fucking hate having to do exactly what Obama did.....
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Its not just that the conference was informative, it was very helpful and accurate.
He actually admitted a lot of problems and also the possibility that this could cause a recession and bigly economic problems that might need huge economic packages to fix... i.e exactly what Obama did.
To not give him credit for pulling that all together is just giving into the hysteria on the right that no matter what trump does you would hate it in its entirety.... i.e Obama Hate Syndrome
Buh Byeeeeeeeeeeee !!
"If you are ever asking yourself 'Is Trump lying or is he stupid?', the answer is most likely C: All of the Above" - Seth Meyers
Its like the pilot of the Titanic not steering away from the iceberg because the day before he'd boasted to his crew that his ship was unsinkable and didn't want to embarass himself.
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...when you realize you are one of the crew he boasted to.
Oh, fuck.
I hadn't even considered this aspect before, but...
I now have to wonder what increased likelihood we have of one or more of the current SCJ spots needing to be filled before any kind of change could be possibly effected in the current administration and/or Senate leadership.The current justices of our Supreme Court are, to be blunt, old. Justice Ruth Bader Ginsburg just turned turned 87. Justice Stephen Breyer is 81, Justice Clarence Thomas is 71 and the other six justices range from the 69-year-old Justice Samuel Alito down to the youngster of the group, Justice Neil Gorsuch, who is 52.
Most of the justices fall within or near the demographic group -- people older than 60 -- that is at higher risk of becoming seriously ill from the coronavirus.
I mean, with the two oldest SCJ's leaning the opposite direction of the current administration, the situation is even more tenuous than before.
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Meh, gallows humor is a coping mechanism, especially related to things outside your direct control.
"The difference between stupidity
and genius is that genius has its limits."
--Alexandre Dumas-fils
I'm more worried about a theoretical lame duck situation where he and the Senate know they're in for a shitstorm of an election cycle and have a few "suddenly open" SCOTUS spots. Are there any regulations to how long those confirmation hearings run? Or could they just, in theory, rubber stamp some relatively young person into a SCOTUS position just to have an edge for a generation?
"The difference between stupidity
and genius is that genius has its limits."
--Alexandre Dumas-fils
UBI wouldn't be that hard to swing if you tapered it off according to income. You could then make it neutral with a few modest cuts to defense and taxes on the wealthy. We wouldn't be any less safe seeing as how we waste billions in defense for things we don't even need. And the wealthy wouldn't have their quality of life altered even one tiny bit.
Well at least the presidents party and senate has things in priority.....
https://www.dailymail.co.uk/news/art...e-package.html
Senate will not pass emergency coronavirus bailout for DAYS and some Republicans are believed to oppose package which includes sick pay guarantees for sufferers
The Senate will remain in session this week, despite the coronavirus outbreak
Senate Majority Leader Mitch McConnell is expected to bring the emergency coronavirus stimulus package for a vote – but not until later in the week
Instead, the Senate is first voting on renewing intelligence surveillance laws
Democratic Senator Dick Durbin asserted the Senate should bring the bill up for a vote by unanimous consent instead of focusing on renewing FISA
'Given this pandemic, time is of the essence and we should not delay,' he said in a statement Sunday
The Senate is heading to the Capitol as the House recesses as the coronavirus outbreak continues to spread across the nation
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Yup no waste whatsoever in the military....!!! and we need every last thing they spend the money on!!!!!
I guess we could bomb people who are infected!!
Buh Byeeeeeeeeeeee !!