The Impeachment of President Trump

Discussion in 'Politics' started by Quantum Quack, Oct 29, 2019.

  1. sculptor Valued Senior Member

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    Insider Trading and the Stock Market Crash
    Just 12 days before the 2008 economic meltdown, several members of Congress pulled their money out of the stock market. Congress had been forewarned about the impending economic bombshell in secret meetings with the Treasury Department and the Fed, and they used that information to move their personal funds out of the market at lightning speed. Meanwhile, millions of Americans lost their homes and their life savings.
     
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  3. Quantum Quack Life's a tease... Valued Senior Member

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    Surely you can put 2 and 2 together and realise that the current market is mostly fairy floss.
     
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  5. Quantum Quack Life's a tease... Valued Senior Member

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    I don't know that much about it but what I do think I know enough to be concerned,
    • No tax returns even though repeatedly promised
      • He would have to show his share portfolio, if I am not mistaken.
    • Blind loyalty from Republican Senators. ( hands in the trough perhaps?)
    • Contrived trading disputes
    • Intimidation to drive weapon sales.
    • Massive tax cuts to corporations.
    • As savings interest rates drop, market flooded with highly speculative trading...

    etc
    • USA Bond market at record lows.
    • Interest rates killing off savings... (global)
    • Trump angry about Reserve not pushing rates even lower...interfering when a president would not normally.

    2+2= fairy floss

    Apply a little heat and it all melts....
     
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  7. Quantum Quack Life's a tease... Valued Senior Member

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  8. iceaura Valued Senior Member

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    Something similar has been happening repeatedly during Trump's tenure - trades that appear to anticipate Presidential tweets and statements.

    There have even been instances of Trump making false claims that bail out somebody's market positions at the last minute - apparently when treaty or financial negotiations did not proceed as rapidly as anticipated.

    Reagan was the President most responsible for cutting back on enforcement of the relevant laws, of course - as with most such governing infelicities afflicting us these post-New-Deal days. Many Americans lost homes and savings in the S&L crisis under Reagan - the trial run for the Crash of '08 - but apparently the main lesson learned by the Republicans and Blue Dogs was that enforcement of financial and banking regulations was a serious threat, and something needed to be done about it. Some of the criminal bankers and financial officers actually did time in prison back then - by the time '08 rolled around that problem had been largely fixed.
     

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