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Thread: Dow down 840 points

  1. #21
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by Miller47 View Post
    Dow dropping equals buying opportunity!

    Remember Brexit?

    Doom and gloom was the prediction.

    The markets went down for two whole days!

    Then recovered very nicely.

    BUYING OPPORTUNITY!!!
    Just last week, Apple announced a 20% price increase on all its products in Britain. The real costs of BREXIT are only now starting to become apparent, and it WILL lead to a rather shocking fall in the standard of living of the average Briton over the next few years.

    Watch, and learn. At least TRY to.
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  2. #22
    Veteran Member GordonGecko's Avatar
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    Quote Originally Posted by BigLeRoy View Post
    I know, it's BIZARRE, right? We have to start asking some of these 'modern' Republicans if they are Marxists.
    Trump ran (and won) on being a Populist....not a conservative.
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  3. #23
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by GordonGecko View Post
    Trump ran (and won) on being a Populist....not a conservative.
    We've discussed this before, Gordon. Mr. Trump is a FAUX populist. NO true populist would be calling for massive tax cuts for our billionaires. That just does not fit ANY sensible definition of populism. Mr. Trump has CONSERVATIVE positions on: (1) Torture; (2) Global Warming; (3) Tax Cuts; (4) Environmental Regulations.

    And those just HAPPEN to be some of the most IMPORTANT issues.
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  4. #24
    Veteran Member GordonGecko's Avatar
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    Quote Originally Posted by BigLeRoy View Post
    We've discussed this before, Gordon. Mr. Trump is a FAUX populist. NO true populist would be calling for massive tax cuts for our billionaires. That just does not fit ANY sensible definition of populism. Mr. Trump has CONSERVATIVE positions on: (1) Torture; (2) Global Warming; (3) Tax Cuts; (4) Environmental Regulations.

    And those just HAPPEN to be some of the most IMPORTANT issues.
    EVERYBODY loves tax cuts. Since Reagan, people have desired them, even if it skews towards the wealthy.

    As for "torture", I'd still say Trump is taking the "populist" position, since most Americans would accept the immorality of torture if they were convinced it would "stop another 9/11"....even though that scenario would be much rarer....than it being abused and making America look bad (Abu Ghraib).

    On global warming and the environment, you're right. He's a Climate Change Denier and follows the Rightwing precept that "Let the chemical industry decide how much Dioxin can go in our water".
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    Veteran Member bajisima's Avatar
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  6. #26
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    Quote Originally Posted by BigLeRoy View Post
    I know, it's BIZARRE, right? We have to start asking some of these 'modern' Republicans if they are Marxists.
    You can't accuse the right of not embracing both side of an issue.
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  7. #27
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by GordonGecko View Post
    EVERYBODY loves tax cuts. Since Reagan, people have desired them, even if it skews towards the wealthy.

    As for "torture", I'd still say Trump is taking the "populist" position, since most Americans would accept the immorality of torture if they were convinced it would "stop another 9/11"....even though that scenario would be much rarer....than it being abused and making America look bad (Abu Ghraib).

    On global warming and the environment, you're right. He's a Climate Change Denier and follows the Rightwing precept that "Let the chemical industry decide how much Dioxin can go in our water".
    (1) But polls have shown that a solid majority of Americans thinks the rich OUGHT to be paying more in taxes.

    (2) I will have to grant you your point about being pro-torture being a populist position, as I have also seen polls showing a solid majority of Americans FAVOR torturing our prisoners. Knowing that makes me ASHAMED of being an American, though.

  8. #28
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    Quote Originally Posted by BigLeRoy View Post
    Just last week, Apple announced a 20% price increase on all its products in Britain. The real costs of BREXIT are only now starting to become apparent, and it WILL lead to a rather shocking fall in the standard of living of the average Briton over the next few years.

    Watch, and learn. At least TRY to.
    I'll try if you will.

    There are good AND bad things happening in the UK because of Brexit.

    You need to look at more than one example.

    And yes, it will be a long term process.

    Neither you nor I know how Brexit will be judged months, years, or decades from now.

    Try to learn, willya?

  9. #29
    Radical Centrist BigLeRoy's Avatar
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    Quote Originally Posted by Miller47 View Post
    I'll try if you will.

    There are good AND bad things happening in the UK because of Brexit.

    You need to look at more than one example.

    And yes, it will be a long term process.

    Neither you nor I know how Brexit will be judged months, years, or decades from now.

    Try to learn, willya?
    If, in three years time, it is obvious that the average standard of living in Britain HAS taken a big fall, which is what economic theory PREDICTS, will you come back and admit that BREXIT was a terrible mistake?

    Why, no. Of course not. Of course you won't do that.

  10. #30
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    Quote Originally Posted by BigLeRoy View Post
    If, in three years time, it is obvious that the average standard of living in Britain HAS taken a big fall, which is what economic theory PREDICTS, will you come back and admit that BREXIT was a terrible mistake?

    Why, no. Of course not. Of course you won't do that.
    In three years time, I would be willing to listen to the citizens of the UK as to their opinion of Brexit.

    It really doesn't matter what YOU or I think, it's what THEY think.

    It's easy for people across the pond to decide whether the Brexit was a success or a failure, but we're really not the ones who count.

    In three years, I would be willing to bet that there will be sources that will tell us how great or how terrible the Brexit has been.

    PLENTY of sources.

    Just depends on what you WANT TO BELIEVE.

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