"How's your 401(k) doing?"

I am sure that everyone is impressed with your gloating - check back in 6 months and we will see if you are still gloating.

Given Stalker's track record at predicting the future, PJ, you'll be a wealthy man in six months.

 

And of course, Stalker will say, "Gee, I was wrong, I apologize for my idiotic prediction."

Who could possibly gloat given the environment?  Haven't you heard?  Joe Biden studdered at the press conference....so that trumps everything else.     

Edited on Nov 24, 2021 9:58pm

When Trump stated that George Washington had won the Revolutionary War by "taking over all the airports," we didn't hear a peep from Tommie-poo or any of our resident conservitards about how Trump was obviously losing it.


Originally posted by: MisterPicture

That was one of Trump's mantras during the 2020 campaign, right? And Trump promised that if Biden was elected, "If he gets in, you will have a depression the likes of which you have never seen. Your 401(k)s will go to hell."

 

Well don't look now, but the Dow/S&P/Nasdaq are at record highs. 

 

If it is a "depression the likes of which you've never seen," I kinda like it!


This didn't age well.  With today's 1100 point beat down, the Dow has given up just about all of the gains the Biden lovers here touted back in November.  The NASDAQ has done even worse.  It's down 13% from the day your exalted leader took office.  How's your 401(k) look now?

 

Originally posted by: David Miller

I am sure that everyone is impressed with your gloating - check back in 6 months and we will see if you are still gloating.


Coincidentally it's almost exactly 6 months after David Miller asked us to 'check back and we will see if you are still gloating'.  If you'd shorted the NASDAQ on Miller's prescient warning, you could have made a fortune!  I'm sure the liberals here touting Biden's record stock market will give David a big 'You were right on this one'.   As soon as Hell freezes over.

 

Of course the market is fickle.  It could regain all it's lost in the coming months.  I just find the 'gloating' and David's respose to 'wait 6 months' pretty funny.  Don't you?

All the MAGA welfare queens that got checks throughout COVID and are now upset about inflation can send their check back to the government and do their part.

 

Send a refund to the government for your deadbeat, loser, welfare check

 

 

This has been a public service announcement.

That's pretty funny but to be a real liberal, you have to pretend none of this was written.  Just move on an morph into something else and forget you ever said any of this.  

 

And I'm pretty sure most of the welfare queens vote for the dems last I checked.  

 

Thanks for starting this thread though MrPicture.  Appreciate that.  My 401K is probably looking a little better than yours is though as I went about 60% fixed around last November/December.  (despite the fact I'm sure I have a TON more $ than you to begin with)  

Edited on May 18, 2022 7:42pm

Funny.  You giuys told us there was no inflation.  Then you told us there was inflation but that was good.  Then you said it was transitory and a supply chain problem.  Then Putin.  And now it's corporate greed. 

 

I just don't recall a democrat here telling us it was really caused by Joe's American Recovery Act and the Infrastructure Bill pumping trillions into the economy after we reached full employment.   You know....the bills Larry Summers called the "least responsible" economic policy in 40 years.  Admitting this failure of leadership would be a good first step for you though.   

 

Hell, I don't even remember you guys suggesting that Joe's Green Energy plan and war on fossil fuels was going to double the cost of oil..  I kind of remember you ragging on Joe Manchin for preventing another 5 tillion or so for the Build Back Boondoogle though.  So if now you believe like most sane economists that inflation is caused by the federal government pumping dollars into the economy and maybe an accomodating federal reserve expanding the supply of money.  Welcome to monetarism.

 

But for some reason you changed the subject which was how Democrats were crowing about the stock market. How'd that work out for you?  I hope you got out when David Miller made his call.

 

 

Edited on May 18, 2022 7:52pm

I'm sure MAGA zealot Charles doesn't remember Trump's administration being propped up by trillions of dollars in quantitative easing, 0% interest rates, soybean subsides, and massive increases in government spending....and that was before the trillion dollar COVID checks.

 

Suddenly Charles took exception when Joe Biden followd the same path to get us out of the pandemic because like Republicans before him he understood inflation was a lesser evil than 20% unemployment.

 

Considering their claim of being big, intelligent  businessmen who really understand business and stuff....Charles and Jerry dont knwo shit about interest rates and their impact on the stock market.    But to their credit they are great at cheerleading insurrectionists.

 

 

Edited on May 18, 2022 8:26pm
Originally posted by: Charles

Coincidentally it's almost exactly 6 months after David Miller asked us to 'check back and we will see if you are still gloating'.  If you'd shorted the NASDAQ on Miller's prescient warning, you could have made a fortune!  I'm sure the liberals here touting Biden's record stock market will give David a big 'You were right on this one'.   As soon as Hell freezes over.

 

Of course the market is fickle.  It could regain all it's lost in the coming months.  I just find the 'gloating' and David's respose to 'wait 6 months' pretty funny.  Don't you?


Only a complete fucking idiot pins either blame or credit for the stock market's performance on whomever happens to be the current US President.

 

Only a complete fucking idiot blames inflation--or any other current financial whine--on whomever happens to be the current US President.

 

Right here on LVA, we have a robust gang of conservitard bozos who are complete fucking idiots. Neither Trump, nor Biden, nor any other President deserves or deserved blame or credit for what the stock market does. Trump stood up and crowed and waved his dick, and the MAGA crowd cheered and cheered--until the market tanked.

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