[Video] Trump boasts that by pausing Tariffs, he helped his friend Charles Schwab earn $2.5billion in a single day from betting on a stock market pump

[UltimaOnline]

 

[winners]

Another oligarch crony to add to his list.

 

[shock888]

Judge Trump by what he do, and not too much on what he says.

 

[Hypocrite-The]

Another oligarch crony to add to his list.

Like what Biden did for his family?

 

[winners]

Like what Biden did for his family?

To some extent, but Trump is many times more worse. He's enriching all his Oligarch kakis and all those who are loyal to him, all at the expense of the Ordinary Americans.

 

[Hypocrite-The]

To some extent, but Trump is many times more worse. He's enriching all his Oligarch kakis and all those who are loyal to him, all at the expense of the Ordinary Americans.

Wow...Biden did not enrich the Cabal and his family? Do u know how much the Clinton's n Biden crime family earned?

 

[Rogue Trader]

Some "friends" definitely knew before the pause was announced

 

[winners]

Wow...Biden did not enrich the Cabal and his family? Do u know how much the Clinton's n Biden crime family earned?

I don't know. Can you provide the reliable sources? What matters to me is Biden didn't crash the US economy like what Trump is doing now.

Many years ago when I was in Taiwan during Ah Bian's time, the people told me that even though Ah Bian (more likely his wife) may be corrupted, but at least his governance had brought in foreign investments into Taiwan. On the other hand, Ma Ying Jeou only knows how to feed to China. That is what most ordinary Taiwanese's perception. So, if you compare, Biden had left Trump with a well-oiled US economy which was also the envy of most other nations. But within 100 days of the Trump's Administration, look at what is happening now? He's antagonizing and making enemies with all the US' allies. Care to explain?

 

[nabeifuckpap]

I don't know. Can you provide the reliable sources? What matters to me is Biden didn't crash the US economy like what Trump is doing now.

Many years ago when I was in Taiwan during Ah Bian's time, the taxi driver told me that even though Ah Bian (more likely his wife) may be corrupted, but at least his governance had brought in foreign investments into Taiwan. On the other hand, Ma Ying Jeou only knows how to feed to China. That is what most ordinary Taiwanese's perception. So, if you compare, Biden had left Trump with a well-oiled US economy which was also the envy of most other nations. But within 100 days of the Trump's Administration, look what is happening now? Care to explain?

https://www.politico.com/news/2024/08/06/market-sell-off-democrats-harris-00172740

At the same time, Harris has signaled she plans to go on the offense on the economy. At a recent rally in Atlanta, she promised to address price gouging, bring down costs, ban hidden fees and late charges from financial institutions, limit “unfair” rent increases and cap prescription drug costs, policies she said would “lower costs and save many middle-class families thousands of dollars a year.”

“What middle-class families need is steady economic stewardship, not chaotic ranting lies,” said Ammar Moussa, a campaign spokesperson. “Donald Trump had the worst jobs record of any modern president and oversaw some of the worst days in the stock market in history while spending his presidency lining the pockets of his wealthy friends who shipped American jobs overseas.”


Economy

Why the stock market is plunging — and what it means politically

By Victoria Guida | August 05, 2024 02:17 PM
Democrats’ position on the economy has coincided with a deepening frustration among some Harris allies inside and outside the White House with the Federal Reserve, which has declined to cut interest rates despite signs the economy is slowing as it seeks to contain inflation.

The Fed declined to begin easing rates during its meeting in July. That means it’s now unlikely to change its policy until September, possibly depriving Harris of any lift she may have gotten from cheaper mortgage rates and auto loans and amplifying worries about a recession.

“It’s clearer than ever that the Fed should have cut in July and that it’s getting behind the curve,” Tedeschi said. “I don’t think things are broken yet, and pretty definitively we’re not in a recession now. But why I’m torn saying that is I don’t want that to give false complacency to policymakers that they don’t have to do more.”

The White House has maintained a blanket policy against commenting on the Fed, and it also declined to comment on Monday’s sell-off.

Democrats concede that a weak jobs report and a stock market crash may contribute to perceptions of economic instability. But they argue that they also provide an opportunity for Harris to highlight her economic agenda.

“Certainly it’s creating some instability now in our understanding of where the economy is going. But I think the American economy is strong and robust and can weather this little bumpy storm,” said Simon Rosenberg, a Democratic strategist. “Democrats should welcome the debate and be able to make the contrast between the strong performance of the economy under Biden and the weak and disastrous economy under Trump.”

Mike Lux, a Democratic strategist who specializes in messaging to working-class voters, argued that Harris, unlike Biden, can try to have it both ways on the economy: As vice president, she can claim credit for the good things the administration has done — like lowering insulin prices and funding infrastructure projects — while distancing herself from the bad.

“She’s a fresh face,” Lux said. “And she’s not getting the same blame on inflation as Biden was.”

 

[winners]

https://www.politico.com/news/2024/08/06/market-sell-off-democrats-harris-00172740

At the same time, Harris has signaled she plans to go on the offense on the economy. At a recent rally in Atlanta, she promised to address price gouging, bring down costs, ban hidden fees and late charges from financial institutions, limit “unfair” rent increases and cap prescription drug costs, policies she said would “lower costs and save many middle-class families thousands of dollars a year.”

“What middle-class families need is steady economic stewardship, not chaotic ranting lies,” said Ammar Moussa, a campaign spokesperson. “Donald Trump had the worst jobs record of any modern president and oversaw some of the worst days in the stock market in history while spending his presidency lining the pockets of his wealthy friends who shipped American jobs overseas.”


Economy

Why the stock market is plunging — and what it means politically

By Victoria Guida | August 05, 2024 02:17 PM
Democrats’ position on the economy has coincided with a deepening frustration among some Harris allies inside and outside the White House with the Federal Reserve, which has declined to cut interest rates despite signs the economy is slowing as it seeks to contain inflation.

The Fed declined to begin easing rates during its meeting in July. That means it’s now unlikely to change its policy until September, possibly depriving Harris of any lift she may have gotten from cheaper mortgage rates and auto loans and amplifying worries about a recession.

“It’s clearer than ever that the Fed should have cut in July and that it’s getting behind the curve,” Tedeschi said. “I don’t think things are broken yet, and pretty definitively we’re not in a recession now. But why I’m torn saying that is I don’t want that to give false complacency to policymakers that they don’t have to do more.”

The White House has maintained a blanket policy against commenting on the Fed, and it also declined to comment on Monday’s sell-off.

Democrats concede that a weak jobs report and a stock market crash may contribute to perceptions of economic instability. But they argue that they also provide an opportunity for Harris to highlight her economic agenda.

“Certainly it’s creating some instability now in our understanding of where the economy is going. But I think the American economy is strong and robust and can weather this little bumpy storm,” said Simon Rosenberg, a Democratic strategist. “Democrats should welcome the debate and be able to make the contrast between the strong performance of the economy under Biden and the weak and disastrous economy under Trump.”

Mike Lux, a Democratic strategist who specializes in messaging to working-class voters, argued that Harris, unlike Biden, can try to have it both ways on the economy: As vice president, she can claim credit for the good things the administration has done — like lowering insulin prices and funding infrastructure projects — while distancing herself from the bad.

“She’s a fresh face,” Lux said. “And she’s not getting the same blame on inflation as Biden was.”

If you are streetsmart, you don't judge politicians by their words. The same with the PAPies. You judge them by their actions. Get it?

At the end of the day, no single political party is perfect. That's because it's impossible to please 100% to everyone, just like in this forum. They can only be compared by their performance against their rivals.

 

[Hypocrite-The]

I don't know. Can you provide the reliable sources? What matters to me is Biden didn't crash the US economy like what Trump is doing now.

Many years ago when I was in Taiwan during Ah Bian's time, the people told me that even though Ah Bian (more likely his wife) may be corrupted, but at least his governance had brought in foreign investments into Taiwan. On the other hand, Ma Ying Jeou only knows how to feed to China. That is what most ordinary Taiwanese's perception. So, if you compare, Biden had left Trump with a well-oiled US economy which was also the envy of most other nations. But within 100 days of the Trump's Administration, look at what is happening now? He's antagonizing and making enemies with all the US' allies. Care to explain?

Easy...look at how the Cabal...the like of Soros attacking Trump but was chummy with Biden...look at wat Biden did for his Son....n is the USA tanking? The losses etc in the stock market has been reversed...n if USD drops... it will make it easier for USA to export...n the tariffs now is at 10%... so wat the big deal? If countries not happy ..can trade embargo the USA...no need kpkb soo much about Trump...n the yankeeland allies are actually abandoning Chicon land...I don't see wat is wrong with tariffs as most countries have protected their own markets by restricting access to imports...case in point...chicon land, EU etc..so why can't the yanks retaliate?

 

[Hypocrite-The]

I don't know. Can you provide the reliable sources? What matters to me is Biden didn't crash the US economy like what Trump is doing now.

Many years ago when I was in Taiwan during Ah Bian's time, the people told me that even though Ah Bian (more likely his wife) may be corrupted, but at least his governance had brought in foreign investments into Taiwan. On the other hand, Ma Ying Jeou only knows how to feed to China. That is what most ordinary Taiwanese's perception. So, if you compare, Biden had left Trump with a well-oiled US economy which was also the envy of most other nations. But within 100 days of the Trump's Administration, look at what is happening now? He's antagonizing and making enemies with all the US' allies. Care to explain?

U don't know about Democrats corruption? N yet u say Trump is corrupt..? Talk about being biased n discriminatory..



And funny tat majority of singkies kpkb about Trump...but also kpkb pap open door policy which is actually wat Trump is reversing in yankeeland...those ppl who are complaining about Trump are those who are actually complaining that the gravy train has stopped...but won't mention the gravy train...look at chicon land with their mercantile trade attitude...the 2nd largest economy in the world but demanding 3rd world trade privileges..wat a joke..

 

[jsctan]

Confidence restored in a speculative volatile market. Can't afford to lose money, don't punt in the stock market. It's a zero sum game.

 

[ftan42]

Last time, it was able to easily deploy a fleet of warships and aircraft carriers to conduct exercise, patrol, and park them outside the strategic waterway, in name of security manning, ready for any deployment and action. However, when dealing with stronger armed countries, it has since changed its tactic to more financially aggressive methods, 割韭菜

 

[Touchy]

This guy is the man or the signal. Thank you.

 

[winners]

U don't know about Democrats corruption? N yet u say Trump is corrupt..? Talk about being biased n discriminatory..



And funny tat majority of singkies kpkb about Trump...but also kpkb pap open door policy which is actually wat Trump is reversing in yankeeland...those ppl who are complaining about Trump are those who are actually complaining that the gravy train has stopped...but won't mention the gravy train...look at chicon land with their mercantile trade attitude...the 2nd largest economy in the world but demanding 3rd world trade privileges..wat a joke..

I know, but I never go into details. Why should I? You say Trump is reversing the open door policy. What utter rubbish? He's giving citizenship status to anyone (including Russian Oligarchs) who has US$5m to spare via his Trump Gold Card. He's encouraging and inviting White Africans to come to America. He thinks he can get another few thousands of Elon Musks into America is it? If these are not open door policies, I don't know what you call them? Sama Sama lah. Don't act noble. You are just simply being bias but yet you claimed not to be discriminatory. How do you explain? Talk about yourself first.

And get this clear: I'm never a fan of the CCP. However, the way China is being treated presently by Trump is way overdone. No country can impose over 100% tariffs against another within a week. This is total madness. You implement in stages understand. In fact, tariff increases should be no more than a single digit percentage at a time and must be given more time to monitor for its effectiveness thereafter. Do you know what is World Trade?

 

[Hypocrite-The]

I know, but I never go into details. Why should I? You say Trump is reversing the open door policy. What utter rubbish? He's giving citizenship status to anyone (including Russian Oligarchs) who has US$5m to spare via his Trump Gold Card. He's encouraging and inviting White Africans to come to America. If these are not open door policies, I don't know what you call them? Sama Sama lah. Don't act noble. You are just simply being bias but yet you claimed not to be discriminatory. How do you explain? Talk about yourself first.

But he is getting rid of the illegals...and 5 million bucks visa..legitimate route..u got money u can take..and it's a legal route...nothing wrong in getting rid of illegals...and these golden visas...there will be alot of loopholes to get it cancelled...and I never said I am not biased nor discriminatory

 

[UltimaOnline]

the way China is being treated presently by Trump is way overdone. No country can impose over 100% tariffs against another within a week. This is total madness. You implement in stages understand. In fact, tariff increases should be no more than a single digit percentage at a time and must be given more time to monitor for its effectiveness thereafter. Do you know what is World Trade?

Economists say Trump is NOT thoughtfully implementing any rational economic strategy, but just suka suka implementing these outrageous tariffs out of personal spite and ego :

 

[winners]

But he is getting rid of the illegals...and 5 million bucks visa..legitimate route..u got money u can take..and it's a legal route...nothing wrong in getting rid of illegals...and these golden visas...there will be alot of loopholes to get it cancelled...and I never said I am not biased nor discriminatory

How do you know about the loopholes being cancelled? Were you briefed on this? You claimed to be non biased, but you are already showing favoritism in Trump despite that Trump Gold Card issue which goes in contrary to your so-called Trump's closing of the open-door policy. To Trump, it means if you have the money, you are welcome to America, regardless of your status. Biden may be senile, but Trump is totally insane.

Illegal immigration indeed must be resolved and eliminated. But you don't go around rounding up people on the streets and sending them to El Salvador prison without giving their rights to a proper litigation process. Is this still call democracy? There are already some cases which the Trump administration admitted that they had done this wrongly, meaning not all captured were illegals. Another contradiction is Elon's DOGE terminations. Definitely no due diligence had been given and those terminations were done hastily. Otherwise, why would they still need to rehire 20% of those they had terminated? Explain to me.

This is directly reported by FOX News:

The yellow buffoon is now creating this tariff fiasco partly to distract the follow up and further investigation into his Administration's SignalGate scandal.

 

[winners]

But he is getting rid of the illegals...and 5 million bucks visa..legitimate route..u got money u can take..and it's a legal route...nothing wrong in getting rid of illegals...and these golden visas...there will be alot of loopholes to get it cancelled...and I never said I am not biased nor discriminatory

To the Oligarchs, US$5m is just a piece of cake. You don't know what criminal records are under their names, or worst still, this may turn out to be their escape route to a permanent location for their criminal events which they may have committed, eg: money laundering, drugs trafficking, etc.

And did you know that during his campaign in October 2024, he was promoting his bible, yes Trump sells bible as well, for US$49.90, which is Made-In-China for only US$3.00. See how he rips off the American citizens?