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Posted (edited)
  On 4/9/2025 at 5:34 PM, Hugo Stiglitz said:

It really calls into question the legitimacy of the stock market. 

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Lots of ways to make money on the up and down.

I bet you a coke that his administration is buying / selling stock right before he announces anything.

Edited by Dnaguy
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Posted
  On 4/9/2025 at 4:25 PM, David Dennison said:

I don't necessarily disagree, but these are folks who have been fed a steady diet of rugged individualism and home ownership their entire lives. Moreover, there is a cultural stigma in this country when it comes to multi-generational households that veer from the traditional nuclear family consisting of parents and minor children. I think a lot of elderly Americans probably view moving in with family as a personal failure. 

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yeah, that's why I said cultural nonsense. It's a waste of money, America is a very wasteful place almost by design. A lot of time hardship for most people is not even real, it's just that they are so privileged they don't know the difference anymore. 

  On 4/9/2025 at 5:38 PM, The Original Greaser Bob said:

I may be misreading, but what is your solution to the elderly nursing home v. live in their own house issue?

(I think the hunter gatherers had the cleanest solution.  The dude who was around 30 who just followed everyone around and if someone couldn't keep up, they hit them over the head.)

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I'm saying in MX there aren't really nursing homes, because culturally there the idea of a nursing home is super fucked up. I was simply highlighting the American Dream somehow requires you to never live in your childhood home as an adult or something, which is just really strange. 

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Posted
  On 4/9/2025 at 5:32 PM, Pancho said:

So the bitch authorizes a 90 day pause on some tariffs and the markets shoot up

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Classic pump and dump. Did the dump part first this time though to let all his oligarch buddies buy in at a discount... but now it's time to pump 

Excited Lets Go GIF by Zypto

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Posted
  On 4/9/2025 at 5:49 PM, South Austin said:

For this week, at least.

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Which is why companies ain't bringing any of the shit he's talking about back over here because he'll just change his mind tomorrow, next week/month/year and then they're fucked.

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Posted

Man, they can really build factories fast these days!

I must say his conviction in this “plan” is really impressive. Didn’t even make it one Scaramucci. 

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Posted
  On 4/9/2025 at 6:01 PM, C-Man said:

Which is why companies ain't bringing any of the shit he's talking about back over here because he'll just change his mind tomorrow, next week/month/year and then they're fucked.

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Yep.  Meanwhile, out in Bethlehem they're killing time, filling out forms, standing in line.

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Posted

Praise God the end of our national nightmare is over (for now). Never thought I'd say that with seriousness, but my portfolios are green for the first time in a while and my calls are calling and life is good again for a brief moment.

"one shining momeeeennnnnt"

Posted (edited)
  On 4/8/2025 at 5:25 PM, Wally Fairway said:

He was elected to local office, as a Republican in the 60's, 70's and I think his last election was in 1982. County commissioner, Township trustee, Registrar of Deeds, that type of thing. Fiscal responsibility, minimal tax increases or a decrease, I don't remember name calling like it is today. President Huff & Puff has taken the art of name calling to a new level, and surrounding himself with inexperienced, unqualified, and self serving loyalists (people who are loyal to him, not the country or constitution .... look only to the talk about a 3rd term as a demonstration of the last point) 

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If your father was sanguine about Iran and Reagan conspiring to use the hostages for Reagan’s political advantage, and Reagan selling cocaine to fund off the books attacks on South American nations, then I personally see no difference between now and then.

 

 

  On 4/9/2025 at 3:56 PM, immamac said:

I may just be really Mexican, but it's actually crazy how broken the "American" family is especially with the elderly. Some of it is entitlement, but some of it is just cultural nonsense. I don't really think it's feasible or even economically advantageous to have elderly people living on their own, not in a shared family situation. The whole sell your house to go into a nursing home vs live in your house with one of your kids and then they take it over has always been so fucking bizarre to me. 

I guess that's all to say that SSA enables this whole "independent elderly parent" thing and maybe that going away is going to put a burden on the family, but one that could possibly be shouldered by divesting or consolidating assets that already exist for the purpose of independence. 

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So, are you saying Mexicans are generally more willing to strip financial autonomy from their folks? Or, perhaps, culturally expect to move in with their children at a given age, or set of circumstances?

 

 

  On 4/9/2025 at 5:38 PM, The Original Greaser Bob said:

I may be misreading, but what is your solution to the elderly nursing home v. live in their own house issue?

(I think the hunter gatherers had the cleanest solution.  The dude who was around 30 who just followed everyone around and if someone couldn't keep up, they hit them over the head.)

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Of course. Right.

 

 

  On 4/9/2025 at 5:46 PM, immamac said:

yeah, that's why I said cultural nonsense. It's a waste of money, America is a very wasteful place almost by design. A lot of time hardship for most people is not even real, it's just that they are so privileged they don't know the difference anymore. 

I'm saying in MX there aren't really nursing homes, because culturally there the idea of a nursing home is super fucked up. I was simply highlighting the American Dream somehow requires you to never live in your childhood home as an adult or something, which is just really strange. 

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Huh. Cashing out and buying up was my parent’s strategy. After my father died, my mom downsized, and then downsized yet again. She later chose to live in an assisted living facility. Several times we asked if she wanted to move in with us, and live with her grandkids. She declined. MIL, otoh, moved in with us after giving senior age apartment living a try, once she was widowed. Just one family’s datapoint.

Edited by Willfully Horn
Posted
  On 4/9/2025 at 5:43 PM, Hugo Stiglitz said:

My dreams of owning a textile mill empire here in America are now completely destroyed 

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Hugo Boss is already taken bro.

Stich-litz’s  has a pretty good ring to it.

But alas, you’re right.

All our tariff economic troubles have all been solved and we can all rejoice in dear leader’s tariff reducing benevolence. He is all about solving problems 

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Posted
  On 4/9/2025 at 6:09 PM, Vegas64 said:

Praise God the end of our national nightmare is over (for now). Never thought I'd say that with seriousness, but my portfolios are green for the first time in a while and my calls are calling and life is good again for a brief moment.

"one shining momeeeennnnnt"

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Celebrate now, because this is what Trump's economic strategy eventually does to your one shining moment.

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Posted
  On 4/9/2025 at 6:01 PM, C-Man said:

Which is why companies ain't bringing any of the shit he's talking about back over here because he'll just change his mind tomorrow, next week/month/year and then they're fucked.

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"Yes sir, we will start building these factories here as soon as we can. Because all the factory architects are simultaneously busy right now, and all the factory builders will be busy after we plan the factories, and then wait time for materials, we expect them to start building in November 2028. So go head and implement the tariffs sometime after that."

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Posted
  On 4/9/2025 at 6:01 PM, C-Man said:

Which is why companies ain't bringing any of the shit he's talking about back over here because he'll just change his mind tomorrow, next week/month/year and then they're fucked.

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Bingo again.  Anyone with any life experience knows that the #1 way to do business with an unreliable and erratic trading partner is....don't do business with them.  

And don't think that Europe hasn't learned the FUCK out of that lesson.  First, they marched blissfully into being energy dependent on Russia, which then used that dependence to exert violent pressure and extortion against Europe.  Follow that just a few years later with Trump, following the Russia script for all the trad we have with the EU and other trading partners.

The most important first step in doing business is "if at all possible, choose wisely when choosing who to do business with."  Would you put your billions in capital investment in a new factory at risk, depending on the whims of an unreliable and erratic POTUS?  You'd be batshit insane to do so.  There is no business case to be made for "based on tariffs/protectionist US policies, spend the money to build a factory there."

  On 4/9/2025 at 6:36 PM, TexArcher said:

Everyone pointing and laughing at Trump right now is missing the point of the insane amount of money he and his cronies just made with this straight-up market manipulation.

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And this.  100%.  Remember, no matter what ELSE it is, it is ALWAYS about the grift.

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Posted (edited)
  On 4/9/2025 at 5:55 PM, Firemans4Horn said:

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It is not reversed though. We still have tariffs on every country on earth, 125% on China, plus the things specifically for auto and so forth. That is still bad.

But maybe all that goes away tomorrow. Who the hell knows?

Edited by Valmy77
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Posted
  On 4/9/2025 at 6:36 PM, TexArcher said:

Everyone pointing and laughing at Trump right now is missing the point of the insane amount of money he and his cronies just made with this straight-up market manipulation.

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And we have a bunch of ding-a-ling Democrats cheering him on.

I can't even with these people.

Posted
  On 4/9/2025 at 6:41 PM, Valmy77 said:

It is not reversed though. We still have tariffs on every country on earth, 125% on China, plus the things specifically for auto and so forth. That is still bad.

But maybe all that goes away tomorrow. Who the hell knows?

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Do we even have customs officials to do this?

I just assumed they were doge’d and it was an honor system now.

Posted
  On 4/9/2025 at 6:45 PM, tokamak said:

I have some morbid curiosity about how this is playing out in the real world.

I just picture some poor bastard walking around a port with a clipboard like "OK, this container got here yesterday before the afternoon Tweet, so it's at 35%. That one was after the Tweet, so I think it's 105%. This one I think they said is 10%....or was that an extra 10% on top of the old number? Those two were delayed until next week, right? Hold on, let me check Truth Social real quick."

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