Guntsu
December 24, 2018, 4:26pm
46
Let’s give reality TV star Donald Trump control over the most powerful country in the world…what could possibly go wrong…
2 Likes
DOLOOP
December 24, 2018, 4:28pm
47
It’s not like there aren’t lots of skilled professionals around the White House to help blunt his worst instincts. Otherwise, let’s shake things up a bit.
He’s going to hire a team of killers to make deals, people you’ve never heard of that are so good you wouldn’t believe.
Like Wilbur Ross.
What a complete joke.
Keep up the good work, Plunge Protection Team!
1 Like
Guntsu
December 24, 2018, 5:15pm
51
Trump “the king of debt” is unhappy with rising rates…go figure
Jezcoe
December 24, 2018, 5:16pm
52
If I was a conspiracy theorist I would theorize that he and his buddies are making money shorting the market.
It would not surprise me if elements were definitely engineered. Crises are profitable and capitalism’s sole aim is profit so…
JayJay:
The best response to Mnuchin’s news he spoke to those six bank CEOs?
“Um…market watchers weren’t concerned about banks’ liquidity until Mnuchin’s tweet”.
In other words, investors are now thinking “What do you guys know that we don’t”?
A critical time in the world economy, and children are at the controls.
While he’s chilling at a Mexican resort looking like a bond villan…
https://twitter.com/kenklippenstein/status/1077012765846499328?s=19
Demon
December 24, 2018, 5:28pm
56
I always thought that interest rates were raised to keep inflation in check. Clearly they are only raised in order to annoy Trump.
I wouldn’t be surprised if Trump asked his advisers if the US should just declare bankruptcy and start over.
1 Like
These two should be investigated for their usage of taxpayers money to take their honeymoon or lavish trips or whatever illegal ■■■■ these shysters did.
Orygun
December 24, 2018, 6:11pm
60
“Quils mangent de la brioche.”
1 Like
BigBear
December 24, 2018, 6:22pm
61
Yeah, if only the Fed Chair would listen to only 6-times bankrupt, savior of Atlantic City (have you seen it lately!!), self-made, not-that-fraudy, real estate developer Donald Trump about how to run monetary policy!
Here’s Trump on the topic:
NEW YORK (Reuters) - Republican White House contender Donald Trump accused the U.S. Federal Reserve on Tuesday of keeping interest rates low at the bidding of Democratic President Barack Obama.
Trump, speaking at a news conference at his company’s New York City headquarters, also called Fed Chair Janet Yellen “highly political.”
The White House rejected Trump’s assertions shortly after his news conference.
…
The Fed has been a target of some conservative critics in the U.S. Congress, who say the bank risked sparking inflation with its policies in response to the global financial crisis.
Fed officials say their independence is critical to making sound policy decisions.
Asked whether the Fed should raise rates, Trump, a billionaire real-estate developer who has spent much of the past few months as the favorite among Republican voters, said it should but would not for “political reasons.”
2 Likes
Cynic
December 24, 2018, 6:26pm
62
But he was born rich, what else do you need!
Good thing today was only half day trading, right?
1 Like
It was a major league sell off. My company (AT&T) is down to 27.
it is ridiculously low.
Allan