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Old 09-24-2019, 09:08 AM
 
Location: 500 miles from home
33,942 posts, read 22,558,235 times
Reputation: 25816

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Quote:
Originally Posted by mightleavenyc View Post
We would see the biggest Depression since the 1600s if she won.


https://www.cnbc.com/2019/09/19/leon...rren-wins.html
LOL. It sure took a dive the night Trump won. it recovered but I wished that I had taken all my money out that night.
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Old 09-24-2019, 09:15 AM
 
23,177 posts, read 12,245,474 times
Reputation: 29354
Quote:
Originally Posted by homeonthelittlemountain View Post
You’d convert it all to cash and hide it under your mattress? For starters, you’d have quite a tax bill depending on how much money you have invested and possible significant penalties depending on your age. you might want to run this past your accountant first.......

Actually, you give another good reason to pull out of the market - capital gains tax. That capital gains tax will be based on the 2020 rate before Warren's inauguration. Better then than later, after she (or any other Dem winner) jacks it up.
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Old 09-24-2019, 09:21 AM
 
Location: Somewhere below Mason/Dixon
9,473 posts, read 10,820,107 times
Reputation: 15983
Quote:
Originally Posted by jbtornado View Post
If you actually typed this out and were serious I suggest calling a hotline near you or calling your mental health clinic
If you actually believe America will become a socialist nation peacefully then I suggest you call the hotline and ask them how to reconnect with reality. Read our history and then tell me that we all will roll over and give in as socialism takes over and our national wealth disappears. Seriously you don’t think there really will not be a price to pay for radically moving America to a socialist system do you?
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Old 09-24-2019, 09:23 AM
 
Location: Somewhere below Mason/Dixon
9,473 posts, read 10,820,107 times
Reputation: 15983
Quote:
Originally Posted by Leo58 View Post
That's quite an imagination. Kind of reminds me of The Man in the High Castle, with conservative Nazi's taking over the country. Hopefully there will be some liberal resistance fighters that I can join.
“Conservative NAZIs”......here it is again. You leftists have far more in common with NAZIs than we do.
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Old 09-24-2019, 09:25 AM
 
Location: Home is Where You Park It
23,856 posts, read 13,774,879 times
Reputation: 15482
Stock market won't even open if Pocahontas wins

Oh brother.

Warren Derangement Syndrome, and she hasn't even been nominated yet.
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Old 09-24-2019, 09:29 AM
 
1,881 posts, read 1,012,393 times
Reputation: 1551
Quote:
Originally Posted by danielj72 View Post
If you actually believe America will become a socialist nation peacefully then I suggest you call the hotline and ask them how to reconnect with reality. Read our history and then tell me that we all will roll over and give in as socialism takes over and our national wealth disappears. Seriously you don’t think there really will not be a price to pay for radically moving America to a socialist system do you?
Or having a president acting above the law and not knowing anything about the limits of their power..
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Old 09-24-2019, 09:40 AM
 
19,387 posts, read 6,517,417 times
Reputation: 12310
Quote:
Originally Posted by Ringo1 View Post
LOL. It sure took a dive the night Trump won. it recovered but I wished that I had taken all my money out that night.
You wished you had taken all your money out the night Trump won? You would have missed a 30% post-Trump rally! Getting rid of Obama regulations and finally dropping the corporate tax rate to a competitive level meant those of us hard-working, middle-income earners saw a well-deserved jump in our retirement portfolios. Why would you have wanted to miss out on that?
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Old 09-24-2019, 09:43 AM
 
1,881 posts, read 1,012,393 times
Reputation: 1551
Quote:
Originally Posted by Rachel976 View Post
You wished you had taken all your money out the night Trump won? You would have missed a 30% post-Trump rally! Getting rid of Obama regulations and finally dropping the corporate tax rate to a competitive level meant those of us hard-working, middle-income earners saw a well-deserved jump in our retirement portfolios. Why would you have wanted to miss out on that?
Duh to make short term gains then put it back in.....
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Old 09-24-2019, 09:51 AM
 
24,019 posts, read 15,115,869 times
Reputation: 12971
Quote:
Originally Posted by Rachel976 View Post
You wished you had taken all your money out the night Trump won? You would have missed a 30% post-Trump rally! Getting rid of Obama regulations and finally dropping the corporate tax rate to a competitive level meant those of us hard-working, middle-income earners saw a well-deserved jump in our retirement portfolios. Why would you have wanted to miss out on that?
Well, hope you have enough in your retirement portfolio to buy safe air and water.
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Old 09-24-2019, 10:08 AM
 
Location: USA
31,077 posts, read 22,122,662 times
Reputation: 19103
Quote:
Originally Posted by Des-Lab View Post
That's EXACTLY what a lot of people in this country want and are demanding.

And sooner or later, given their sheer dogged determination, will probably get it. If nothing else, by force in a 'strength of numbers' thing. Right or wrong, the Millennial generation feels like it's been royally screwed over economically. Just wait till you see what they have up their sleeve and when that retribution gets enacted once they ascend into power. The Boomers and probably older Gen X'ers as well better hope they are dead or 100% self sufficient by then.

Maybe not this election or the next, but it's just a matter of time.
Yep, Millenials are pissed at the Boomers
and Xer millionaires for destroying the planet with: Smart Phones, multiple Tv's, Cars, plastic, Amazon deliver trucks spewing pollution everywhere they go. Evil Boomers like Bill Gates, Jeff Bezzos, and the predecessors will pay for their misdeeds. Millenials will take the lead and come up with new concepts and Innovations like recyclable glass bottles, paper bags, 1 small tv per house hold, getting rid of battery polution, a permanent phone on the wall instead of a new smart phone every year, renewable energy sources like Hydro Elecric power.
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