Interesting snippet on Steve Bannon

#3
I missed the queues and didn't buy a chunk last Fall before the election. I wish I'd had more confidence, but I bought into the polls and thought the Hildabeast was going to win, and the markets would tank accordingly. The opposite happened, and I wasn't nimble enough to get in there with a hefty buy.
Now that chunk has grown substantially, and I am waiting for a downturn. Last week was tempting, but I think something bigger is still coming. I don't know. Plan B is to buy some more land, which never goes out of style.
Indecision can be prudent, and it can be costly. Not sure what to do in these uncharted waters. I wish Trump would stop being so easily tweaked by the press and get on with the serious business of fixing all the shit that BHO fucked up.
 
#5
Tucker301 said:
I missed the queues and didn't buy a chunk last Fall before the election. I wish I'd had more confidence, but I bought into the polls and thought the Hildabeast was going to win, and the markets would tank accordingly. The opposite happened, and I wasn't nimble enough to get in there with a hefty buy.
Now that chunk has grown substantially, and I am waiting for a downturn. Last week was tempting, but I think something bigger is still coming. I don't know. Plan B is to buy some more land, which never goes out of style.
Indecision can be prudent, and it can be costly. Not sure what to do in these uncharted waters. I wish Trump would stop being so easily tweaked by the press and get on with the serious business of fixing all the shit that BHO fucked up.
Click to expand...

When he releases his tax plan, the markets are going to jump like kids hearing the ice cream van.
 
#7
ArmyJerry said:
That tax plan is already baked into the current market performance.
Click to expand...

I"m not so sure. The recent set backs I feel have given folks pause to see if anything will be a straight run. I suspect the tax plan will be easier going and come as a big relief. Likewise the infrastructure bill. THat's my guess anyway. I have my options contingent orders in so we'll see.
 
#8
ArmyJerry said:
That tax plan is already baked into the current market performance.
Click to expand...

Agreed, and the GOP not backing on the Obamacare repeal has cast doubt on his ability to get anything through Congress, at least without having them bastardize it into something useless.
The answers lie in the mid-terms. Seek out and vote the candidates who support Trump and kick the others to the curb.
 
#9
gotta be careful on that, gotta target the rinos and the turn coats, then target every dem so they dont get control again. Trump has an opportunity that no other repub has had since Eisenhower, that is to get a significant portion of the inner city vote. at least the good people of the inner city. if he goes on offense in the cities, especially with black america he will destroy the dems for a generation or two. maybe he will convince them to give up all their commie ways. he is not really a repu or a dem, he was sent there to do fundamental change and drain the goddam swamp.
 
#10
ArmyJerry said:
gotta be careful on that, gotta target the rinos and the turn coats, then target every dem so they dont get control again. Trump has an opportunity that no other repub has had since Eisenhower, that is to get a significant portion of the inner city vote. at least the good people of the inner city. if he goes on offense in the cities, especially with black america he will destroy the dems for a generation or two. maybe he will convince them to give up all their commie ways. he is not really a repu or a dem, he was sent there to do fundamental change and drain the goddam swamp.
Click to expand...

I agree with the opportunity to take out a significant portion of the Dem's future voter base, but, who/what is his message to these people? Work? Law/Order? Opportunity?

This is my own opinion but I don't see what he, or anyone, can do for people who are not invested in doing something for themselves. It's a cultural phenomena that I've not seen before. In the UK, the inner cities are shit, but, there's still, or at least was back in 2005, a drive to do better, get better. Not all of them, but enough of them that changes in policy that enabled that would matter. Here, I don't see it.

Trump's path to longevity is the rust belt. Those people are historically Dems and they went with him instead because they are fucking desperate. They've been shafted by the Dems, the unions are back legs and Mexico looms large in the employment future of those communities.

Today Tesla became bigger than Ford. Those manufacturing jobs aren't going to come back to those regions in any enduring way to make a difference. Just like we need to repair and investment in infrastructure, we need to invest in our human capital - those are people who want to work, will work, and most of them are up to the task. I'd like to see Trump use those dealmaking powers get new industry, new training and mobility to those communities to revitalize them. he does that, he will have turned some of the most important states Red for a generation.
 
#11
believe it or not, most of the inner city people are for work, and law and order. They also want opportunity, real opportunity for their kids like anyone else. I think if he just keeps peeling back the regulatory burden, and makes corporate taxes 10-15% you will see an economic explosion not seen in peace time in our whole history. Again I am not a dem or a rep, i view both parties as evil criminal enterprises and anyone that works for the government their criminal muscle (deep state per se), except the enlisted Mil and 05 and below mil.
 
#12
ArmyJerry said:
believe it or not, most of the inner city people are for work, and law and order. They also want opportunity, real opportunity for their kids like anyone else. I think if he just keeps peeling back the regulatory burden, and makes corporate taxes 10-15% you will see an economic explosion not seen in peace time in our whole history. Again I am not a dem or a rep, i view both parties as evil criminal enterprises and anyone that works for the government their criminal muscle (deep state per se), except the enlisted Mil and 05 and below mil.
Click to expand...

I sincerely hope you're right. As it is, it's a tragic and seemingly willful waste of potential.

On on the issue of taxes I'm not sold. Extra revenue will make it to shareholders or sit in reserves before it'll trickle out to the broader economy.
 
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