Biden is really pissing me off! Dow/40,000

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By Fuelman
16 May 2024 10:10 am in No Holds Barred Political Forum
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Jantje_Smit
17 May 2024 9:58 am
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Zeets2 » 16 May 2024, 12:02 pm » wrote: ↑ And you think the 78% of the people who are now living paycheck to paycheck under Biden really give a **** about how high the market goes?  What they'll see is that gas prices have risen almost 20 cents a gallon in the past month alone, inflation is up another 3.5%, food prices are up another 2.2%, the median home rental cost rose between 1.6% and 2.1% in the last month, and health insurance costs have shot up 3.03% in the last month, all while credit card debt and credit card delinquencies increased to record highs, despite people having to pay record high interest rates on those cards.

So keep playing with your cash register while stupidly believing Biden's **** economy is getting better!
 
Reminds me of this..

:die:  

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LowIQTrash
17 May 2024 10:12 am
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Fuelman » 17 May 2024, 9:47 am » wrote: ↑ Come on man, you know that "inside" you are doing the happy dance over the markets.

You have a link to that 78% currently living paycheck to paycheck? I must have missed it.

I always appreciate your posts, informative with numbers to back up statements. You probably haven't noticed but I have posted quite a few articles on the financial status of average Americans. It's a sad state and inflation hasn't helped a bit.

One good thing that has transpired over the last few years is Republicans actually giving a **** over the little people. That was not the case a short few years ago.

Concerning support for Biden. Unfortunately CP **** canned 6000 posts from my digest and you would see that I've carried water for conservatives for many years. I've stepped back and taken a more neutral position. The **** show currently going on in the House is just an example of why. I won't vote for Biden or Trump.
Hit the mark. Prior to the girl sniffer sworn into office they would say if someone is struggling they should bootstrap or get another job. Well that’s exactly what’s happening (ironic how it’s a Dem president - supposedly Dems are all about siccing lazy people on welfare) and it’s not working for the vast majority (70% are indeed struggling to pay for non discretionary bills) so now they say it’s Biden’s fault, etc. 

They never acknowledged their previous error being DISPROVEN in real time.

Conservatives = idiots 
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Zeets2
17 May 2024 11:01 am
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Fuelman » 17 May 2024, 9:47 am » wrote: ↑ Come on man, you know that "inside" you are doing the happy dance over the markets.

You have a link to that 78% currently living paycheck to paycheck? I must have missed it.

I always appreciate your posts, informative with numbers to back up statements. You probably haven't noticed but I have posted quite a few articles on the financial status of average Americans. It's a sad state and inflation hasn't helped a bit.

One good thing that has transpired over the last few years is Republicans actually giving a **** over the little people. That was not the case a short few years ago.

Concerning support for Biden. Unfortunately CP **** canned 6000 posts from my digest and you would see that I've carried water for conservatives for many years. I've stepped back and taken a more neutral position. The **** show currently going on in the House is just an example of why. I won't vote for Biden or Trump.
You see, I can enjoy seeing the market rise for my own personal wealth, but I can understand that I'm at a far more comfortable economic level than the vast majority of the country.  And I firmly believe that if Trump were president in this last term, the market would have risen even higher, because interest and inflation rates would have been far lower, and we wouldn't have taxpayers funding the 10 million new illegals as their nannies if it weren't for Biden's stupidity.
You too should be able to acknowledge that and be far more eager to get Biden out of office to prevent him from continuing down the same path.  Do you WANT another 10 million MORE illegals to pay for if Biden wins the election?  Where do you think the money is coming from to continue paying illegals for their free healthcare, free food, free hotel rooms, free smartphones, free education, free transportation, and free debit card?  And if we're forced to endure this turd for another 4 years, that great stock market you see today will crash to the levels we haven't seen in our lifetime, especially since Biden has promised to eliminate the Trump tax cuts if he wins re-election, which would be a huge tax HIKE to those who can afford it least. 

Naturally, most libs aren't aware of the reality that 78% of the country now lives paycheck to paycheck because they won't be told that on CNN or MSNBC, and apparently they're content to continue watching them despite being required to wallow in exactly this level of ignorance when they're only receiving the liberal half of the news.
Anyway, here's the link you requested, not that I believe it will change your opinion one iota.
Living Paycheck To Paycheck Statistics 2024Emily Batdorf, Michael Benninger
Banking Reviewer And WriterHow Many Americans Are Living Paycheck to Paycheck?A 2023 survey conducted by Payroll.org highlighted that 78% of Americans live paycheck to paycheck, a 6% increase from the previous year. In other words, more than three-quarters of Americans struggle to save or invest after paying for their monthly expenses.https://www.forbes.com/advisor/banking/ ... tics-2024/
And that was only the percentage last year.  I can only imagine how much worse the situation has gotten over the past year, since interest and inflation rates haven't yet subsided, and likely won't do so over the next several months.
 
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LowIQTrash
17 May 2024 2:43 pm
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I had my own Cha-ching today!

~80% of account is invested in SLV calls...look at it run! I only have 1 miner left (FSM) but it is also doing admirably.

Looking for a small pullback in SLV around ~29, which is quickly approaching. 

My hope is that I can cash out of SLV at the next major top (Silver should reach 37-38, so SLV should follow behind by about 2 points so looking to exit around ~35, maybe 34 if I'm a bit more conservative) before the stock market CRASHES and IMPLODES!

Image   Image   Image  

Who knew the collapse of America would be so profitable?  Image 

SLV should find its ultimate top in another 2 years or so in the 55-65 range. My hope is 70+ but that's unlikely...
 
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Fuelman
18 May 2024 8:43 am
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Zeets2 » 17 May 2024, 11:01 am » wrote: ↑ You see, I can enjoy seeing the market rise for my own personal wealth, but I can understand that I'm at a far more comfortable economic level than the vast majority of the country.  And I firmly believe that if Trump were president in this last term, the market would have risen even higher, because interest and inflation rates would have been far lower, and we wouldn't have taxpayers funding the 10 million new illegals as their nannies if it weren't for Biden's stupidity.
You too should be able to acknowledge that and be far more eager to get Biden out of office to prevent him from continuing down the same path.  Do you WANT another 10 million MORE illegals to pay for if Biden wins the election?  Where do you think the money is coming from to continue paying illegals for their free healthcare, free food, free hotel rooms, free smartphones, free education, free transportation, and free debit card?  And if we're forced to endure this turd for another 4 years, that great stock market you see today will crash to the levels we haven't seen in our lifetime, especially since Biden has promised to eliminate the Trump tax cuts if he wins re-election, which would be a huge tax HIKE to those who can afford it least. 

Naturally, most libs aren't aware of the reality that 78% of the country now lives paycheck to paycheck because they won't be told that on CNN or MSNBC, and apparently they're content to continue watching them despite being required to wallow in exactly this level of ignorance when they're only receiving the liberal half of the news.
Anyway, here's the link you requested, not that I believe it will change your opinion one iota.

And that was only the percentage last year.  I can only imagine how much worse the situation has gotten over the past year, since interest and inflation rates haven't yet subsided, and likely won't do so over the next several months.
Thanks for the link. I've posted previous surveys of this type and tend to believe them. They are not perfect but do give a person a ball park figure to work with.
I believe if you dig a little deeper at these people living paycheck to paycheck it is more a function of personal financial illiteracy than politics and inflation as these numbers have been stubbornly high before the current situation. I read two articles this morning, one was a couple making $200k living paycheck to paycheck and the other was a survey saying 43% of Americans don't know what a 401k is. Kind of boggles the mind.

Immigration could very well be the issue that gets Trump elected. It's a touchy subject and has been an issue for decades. The optics of deporting millions of people will be a blight on America and cause a lot of angst.(JMO)

Yes, the stock market highs only benefit those who have done the work and sacrificed to build a nest egg. We scratched our way to a very comfortable position for retirement, I'm glad you have done the same. 


 
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Fuelman
18 May 2024 8:49 am
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LowIQTrash » 17 May 2024, 2:43 pm » wrote: ↑ I had my own Cha-ching today!

~80% of account is invested in SLV calls...look at it run! I only have 1 miner left (FSM) but it is also doing admirably.

Looking for a small pullback in SLV around ~29, which is quickly approaching. 

My hope is that I can cash out of SLV at the next major top (Silver should reach 37-38, so SLV should follow behind by about 2 points so looking to exit around ~35, maybe 34 if I'm a bit more conservative) before the stock market CRASHES and IMPLODES!

Image   Image   Image  

Who knew the collapse of America would be so profitable?  Image 

SLV should find its ultimate top in another 2 years or so in the 55-65 range. My hope is 70+ but that's unlikely...
Very nice! Silver is one of the things I look at every day, the jump in price was a surprise.

I'm glad you made the right call and loaded up.
​​​​​
 
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Zeets2
18 May 2024 9:59 am
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Fuelman » 18 May 2024, 8:43 am » wrote: ↑ Thanks for the link. I've posted previous surveys of this type and tend to believe them. They are not perfect but do give a person a ball park figure to work with.
I believe if you dig a little deeper at these people living paycheck to paycheck it is more a function of personal financial illiteracy than politics and inflation as these numbers have been stubbornly high before the current situation. I read two articles this morning, one was a couple making $200k living paycheck to paycheck and the other was a survey saying 43% of Americans don't know what a 401k is. Kind of boggles the mind.

Immigration could very well be the issue that gets Trump elected. It's a touchy subject and has been an issue for decades. The optics of deporting millions of people will be a blight on America and cause a lot of angst.(JMO)

Yes, the stock market highs only benefit those who have done the work and sacrificed to build a nest egg. We scratched our way to a very comfortable position for retirement, I'm glad you have done the same.
I'm very interested in seeing how Americans view the optics of Trump rounding up illegals and removing them from the country.  No doubt the libs at CNN, MSNBC, The View, the NY Times, and a few others will voice their hatred of Trump (yet again) over such a policy, but I believe Trump is wise enough to show how the money saved by removing them will be put to use to aid Americans, particularly in areas like reducing the number of homeless veterans, how stopping fentanyl will be saving the lives of our youth, our healthcare costs can be reduced by not giving it away for free to millions of illegals, how Trump will show the reduction in crime and gang wars, how wages will increase for Americans when business owners can't use such cheap labor, how unemployment of the unskilled worker will benefit, how cutting more regulations will lower costs and inflation, and probably in other areas I haven't even considered yet as well.  

Good discussion!
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Fuelman
18 May 2024 10:52 am
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Zeets2 » 18 May 2024, 9:59 am » wrote: ↑ I'm very interested in seeing how Americans view the optics of Trump rounding up illegals and removing them from the country.  No doubt the libs at CNN, MSNBC, The View, the NY Times, and a few others will voice their hatred of Trump (yet again) over such a policy, but I believe Trump is wise enough to show how the money saved by removing them will be put to use to aid Americans, particularly in areas like reducing the number of homeless veterans, how stopping fentanyl will be saving the lives of our youth, our healthcare costs can be reduced by not giving it away for free to millions of illegals, how Trump will show the reduction in crime and gang wars, how wages will increase for Americans when business owners can't use such cheap labor, how unemployment of the unskilled worker will benefit, how cutting more regulations will lower costs and inflation, and probably in other areas I haven't even considered yet as well.  

Good discussion!
I have little faith in Congress in implementing even a fraction of those good ideas.
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sooted up Cyndi
18 May 2024 11:42 am
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Fuelman » 18 May 2024, 10:52 am » wrote: ↑ I have little faith in Congress in implementing even a fraction of those good ideas.
do you know you can get it from a bank? my doc was telling me this. i didnt know it.
 
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Zeets2
18 May 2024 11:45 am
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Fuelman » 18 May 2024, 10:52 am » wrote: ↑ I have little faith in Congress in implementing even a fraction of those good ideas.
I don't see any need for Congress to legislate against removing illegals.  They have NO RIGHT to be here!  No doubt the Dems will have their usual hissy fit over it, but the American people will overwhelmingly support it, especially when Trump fires them up over what they've cost us with all the gifts Biden has given them, how they're removal will lower crime and raise wages, how it's part of getting drug dealers out of the country, and how our Congressional make up should not be adding illegals to the census in order to obtain more liberal Congressman in blue states.

When illegal immigration is the top concern or the second most concern for people coming out to vote, this is really the only solution and the country will support it.
 
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Bidencrimefamily
19 May 2024 4:47 am
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😆 🤣

Trumps prediction was a total collapse of the economy. 

😆 🤣 😂


I'm glad Trump is always wrong about everything. 
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*rippy38
19 May 2024 6:29 am
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CYNICAL OLD CUSS
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Bidencrimefamily » 19 May 2024, 4:47 am » wrote: ↑ 😆 🤣

Trumps prediction was a total collapse of the economy. 

😆 🤣 😂

I'm glad Trump is always wrong about everything.
I can give you 35 trillion reason why Trump will be proven right soon... yet again.

 https://i.postimg.cc/L6m1cC7L/c4360d821 ... 4c54-1.jpg
 
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Bidencrimefamily
19 May 2024 6:42 am
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*rippy38 » 19 May 2024, 6:29 am » wrote: ↑ I can give you 35 trillion reason why Trump will be proven right soon... yet again.

 https://i.postimg.cc/L6m1cC7L/c4360d821 ... 4c54-1.jpg
Sure. 

Lol

The stock market was 20,000 after trump 

It doubled under biden. 
 
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Bidencrimefamily
19 May 2024 6:42 am
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*rippy38 » 19 May 2024, 6:29 am » wrote: ↑ I can give you 35 trillion reason why Trump will be proven right soon... yet again.

 https://i.postimg.cc/L6m1cC7L/c4360d821 ... 4c54-1.jpg
Image   Image   Image   Image   Image   Image  
 
 
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ROG62
19 May 2024 6:54 am
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Fuelman » 17 May 2024, 7:17 am » wrote: ↑ There were plenty of people living paycheck to paycheck under Trump. The conservative response back then was to get another job and pull yourself up by your boot straps. Did something change?

Something did change, people got dumber! 
Note this was from 2019 and probably gotten worse since then due to inflation.

https://www.aboutschwab.com/modernwealth2019

2019 Modern Wealth SurveyFOMO fuels American spendingMore than a third of Americans admit their spending habits have been influenced by images and experiences shared by their friends on social media and confess they spend more than they can afford to avoid missing out on the fun, according to Schwab’s 2019 Modern Wealth Index Survey, an annual examination of how 1,000 Americans think about saving, spending, investing and wealth. Survey respondents place blame on social media platforms and not people—they rank social media as the biggest “bad” influence when it comes to how they manage their money, while they put friends and family at the top of “good” influences. According to the survey, three in five Americans pay more attention to how their friends spend compared to how they save, with an equal number saying they’re at a loss to understand how their friends are able to afford the expensive vacations and trendy restaurant meals they portray on social media.

While poor people will more than likely always be poor, everyone else needs to take a hard look in the mirror.

If you need a little help. I have acquired truckloads of bootstraps. Long term financing available at 36% interest.
I find the survey very interesting in the aspect of the "keeping up with the Jones's" mentality broadening to social media...

 I guess I was of another mindset...money in, money out and money to put away...

 
 
Image JuCo 5 percenter... “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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ROG62
19 May 2024 6:59 am
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Sumela » 17 May 2024, 8:25 am » wrote: ↑ They dearly miss R. Sauve....you sir picked up the mantle of triggeration. Image
Not even close...fuelman's a T-baller compared to swayvees' 4th grade little league level... :lol:  
 
Image JuCo 5 percenter... “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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ROG62
19 May 2024 7:01 am
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Sumela » 17 May 2024, 9:52 am » wrote: ↑ All the Neocons trigger easily.  The Left ones and Right ones equally.
Your post was mostly benign...but thats all it takes.
My method is a bit different, but effective. Image
trolling?  :rofl:  
 
Image JuCo 5 percenter... “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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ROG62
19 May 2024 7:14 am
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Zeets2 » 17 May 2024, 11:01 am » wrote: ↑ You see, I can enjoy seeing the market rise for my own personal wealth, but I can understand that I'm at a far more comfortable economic level than the vast majority of the country.  And I firmly believe that if Trump were president in this last term, the market would have risen even higher, because interest and inflation rates would have been far lower, and we wouldn't have taxpayers funding the 10 million new illegals as their nannies if it weren't for Biden's stupidity.
You too should be able to acknowledge that and be far more eager to get Biden out of office to prevent him from continuing down the same path.  Do you WANT another 10 million MORE illegals to pay for if Biden wins the election?  Where do you think the money is coming from to continue paying illegals for their free healthcare, free food, free hotel rooms, free smartphones, free education, free transportation, and free debit card?  And if we're forced to endure this turd for another 4 years, that great stock market you see today will crash to the levels we haven't seen in our lifetime, especially since Biden has promised to eliminate the Trump tax cuts if he wins re-election, which would be a huge tax HIKE to those who can afford it least. 

Naturally, most libs aren't aware of the reality that 78% of the country now lives paycheck to paycheck because they won't be told that on CNN or MSNBC, and apparently they're content to continue watching them despite being required to wallow in exactly this level of ignorance when they're only receiving the liberal half of the news.
Anyway, here's the link you requested, not that I believe it will change your opinion one iota.

And that was only the percentage last year.  I can only imagine how much worse the situation has gotten over the past year, since interest and inflation rates haven't yet subsided, and likely won't do so over the next several months.
Excellent post...+1,000,000...


Image
Image JuCo 5 percenter... “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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ROG62
19 May 2024 7:19 am
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Fuelman » 18 May 2024, 10:52 am » wrote: ↑ I have little faith in Congress in implementing even a fraction of those good ideas.
I'll have to one up ya on this...I have absolutely NO faith in congress, anymore, evah...
 
Image JuCo 5 percenter... “Show me the man and I’ll find you the crime” LAVRENTIY BERIA "Try to get past your passionate ignorance and learn to accept what actually happened." brown's unheeded words of wisdom :rofl:
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31st Arrival
19 May 2024 7:22 am
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Fuelman » 18 May 2024, 10:52 am » wrote: ↑ I have little faith in Congress in implementing even a fraction of those good ideas.
What are good ideas in your mind's eyes sustained by social consensus of we say so and anyone not complying needs to die off or be removed by any means necessary for the greater good of typecast people agreeing to disagree this plantary's position rotating 3rd from a star only supports genetics living as eternally separated in each rotation evolving uniquely alive in total sum rotations their unique bodies never stay same form as their fertilized cell came from nothing created before or since that conception and its time evolving here so far.

You won't accept that universal constant anymore than any other reality within this species each generation gap alive this rotation.

Gee why am I the only exception explaining the natural process changing forms of each ancestor ever inhabited space in this atmosphere regardless plant or animal, predator or prey, asexual, male, female body type present each rotation life became what is evolving this rotation time waits for nothing and everything here is existing balancing as specifically displaced unique here now.

The why, how, what, where, when, which, place, thing, lifetime present. Means, motives, methods, organized ideologies, mayhem, madness, misery comes down on anyone not pretending reality is all any mind needs to obey until extinction happens for the greater good of governing next rotation of the planet manifesting souls that live beyond their time adapting as displaced this rotation each next rotation their body changes shape formed since their fertilized cell arrived to exist uniquely here as evolving this rotation.

I said this earlier in this thread, Dollar relatively less value than when the market was at 10,000 is 75% less at 40,000 and the population is what a billion added soles. but American citizens are only 340 million in the 8 billion homo sapiens alive this rotation.

All these social narratives are choices made, secrets kept, nobody correcting corruption in any next generation gap since dawn of civilization everyone expects better tomorrows ignoring the evolving process limiting numbers to adapting in this rotation uniquely here, eternally separated by never same form shaped since the specific rotation their conception happened.

I have so many people wishing I would just drop dead. There are so many people telling everyone I am out of my mind using my unique brain to navigate space living as genetics has always eternally separated each ancestor lived to this rotation.

Everyone agrees to disagree now is eternity, genetics sustains eternal separation of lifetimes existing separately, ancestrally per generation gap present each rotation since inception of races, creeds, colors, national origins, gender biases, economic value, political rank, spiritual conviction reality is greater than time adapting uniquely alive this rotation.

Instinctive brain is the enemy of all enemies allying around the concept now isn't eternity and my time alive is me just naturally evolving proportionately alive last 73 revolutions this planet completed staying 3rd from the star in this solar system, this galaxy, this universal position nothing else was me prior to, during, after I die living equally here each rotation all I get is "We are smarter than you." We are better than you will ever become without us defining your state of mind cradle to grave.".
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