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ForumsDiscussion Forum → Inauguration Day, Inauguration Hooooooraaay!
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Inauguration Day, Inauguration Hooooooraaay!
2017-07-22, 11:53 AM #3161
Originally posted by Reid:
If Trump pardons himself I will personally take a train to DC and start protesting.


Well that sentence ended anti-climactically. (I have a feeling that if it got to that you might not have to protest.)
2017-07-22, 12:09 PM #3162
I don't like to go outside except when I'm out of food so I guess it sounded more bold in my own mind *shrug*.

/s but I do think if he tries that **** people will act out.
2017-07-22, 12:10 PM #3163
Originally posted by Eversor:
But some of the traditional indicators of an oncoming recession suggest we may be headed for a recession sometime in the next year or two. Plus, we're due for one.

The Democrats probably need a recession to beat the Republicans during the midterm and to beat Trump in 2020 given how oblivious they appear to be.


True. We may be. I just don't trust any of the hacks on like ZeroHedge who write frantic posts about how in the next three days the student loan market will implode.
2017-07-22, 12:50 PM #3164
It's called a bear trap.

You never know when you're in a recession until you're at least 3 quarters in.
2017-07-22, 1:03 PM #3165
Even if you can call a recession, I'd suspect the market can sustain itself irrationally for longer than you can withstand your short positions. It's not about seeing it coming it's about timing it.

As a theorhetical approach to predicting the market, it seens impossible that anyone could ever do it consistently as a matter of a priori logic. If someone could make a model to accurately predict a market change, then that model becomes a part of the market and changes it. Or at least it will be priced into the market very quickly. Like I don't see how any kind of meta-market theory, when applied to a market, will work once everyone begins applying it (Black-Scholes might be an example?)

Is the opposite of a bear trap a matador?
2017-07-22, 1:35 PM #3166
Originally posted by Eversor:
But some of the traditional indicators of an oncoming recession suggest we may be headed for a recession sometime in the next year or two. Plus, we're due for one.


Can you detail which indicators these are and why you say we are due for one?
2017-07-22, 2:05 PM #3167
Originally posted by Reid:
Even if you can call a recession, I'd suspect the market can sustain itself irrationally for longer than you can withstand your short positions. It's not about seeing it coming it's about timing it.

As a theorhetical approach to predicting the market, it seens impossible that anyone could ever do it consistently as a matter of a priori logic. If someone could make a model to accurately predict a market change, then that model becomes a part of the market and changes it. Or at least it will be priced into the market very quickly. Like I don't see how any kind of meta-market theory, when applied to a market, will work once everyone begins applying it (Black-Scholes might be an example?)

Is the opposite of a bear trap a matador?


Bull trap. IBs aren't nearly creative enough.
2017-07-22, 2:14 PM #3168
I wasn't expecting much and I'm still disappointed by that.
2017-07-22, 2:18 PM #3169
Is there any reason at all to attempt picking stocks or should I just stick to index funds?
2017-07-22, 2:31 PM #3170
buy ****coin
Epstein didn't kill himself.
2017-07-22, 2:52 PM #3171
Originally posted by Reid:
Is there any reason at all to attempting picking stocks or should I just stick to index funds?


It's all a Ponzi scheme either way.
2017-07-22, 3:11 PM #3172
Originally posted by Spook:
buy ****coin


Lol
Originally posted by Jon`C:
It's all a Ponzi scheme either way.


Where do you put excess money?
2017-07-22, 3:38 PM #3173
Originally posted by Reid:
Lol


Where do you put excess money?


Don't worry about what I'm doing, worry about what yer doing.
2017-07-22, 3:52 PM #3174
Well now we know Jon is secretly a VC, maybe an evil one. Maybe that's how he knows so much about their dastardly acts.... :P
2017-07-22, 3:55 PM #3175
There are a lot of folks out there who would recommend a simple strategy taking the Vanguard approach (and never picking stocks).
2017-07-22, 4:25 PM #3176
Originally posted by Reverend Jones:
Well now we know Jon is secretly a VC, maybe an evil one. Maybe that's how he knows so much about their dastardly acts.... :P


I'm setting things up to take a long position in Canadian banks... soonish. I don't really want to talk about it specifically because I'm doing something dumb and I wouldn't recommend it to anybody, especially someone who might not be able to afford the loss.

The stock market is gambling. Don't play unless you can afford to lose it. If you must play, put a fixed percentage of your income into an index fund every month. That'll keep you going until the stock speculation bubble pops, at least.
2017-07-22, 5:23 PM #3177
Well that reply was a bit less "**** off" than the previoua lol
2017-07-22, 5:33 PM #3178
Originally posted by Reid:
previoua


wow talk about pretentious, using the original Latin plural form of previous :rolleyes:
2017-07-22, 6:18 PM #3179
Suck on this, Donald!

Sincerely,
The GOP

Quote:
WASHINGTON — Congressional leaders have reached an agreement on sweeping sanctions legislation to punish Russia for its election meddling and aggression toward its neighbors, they said Saturday, defying the White House’s argument that President Trump needs flexibility to adjust the sanctions to fit his diplomatic initiatives with Moscow.

The new legislation would sharply limit the president’s ability to suspend or terminate the sanctions — a remarkable handcuffing by a Republican-led Congress six months into Mr. Trump’s tenure. It is also the latest Russia-tinged turn for a presidency consumed by investigations into the Trump campaign’s interactions with Russian officials, including conversations between Trump advisers and Russian officials about prospective sanctions relief.

Now, Mr. Trump could soon face a decision he hoped to avoid: veto the bill — a move that would fuel accusations that he is doing the bidding of President Vladimir V. Putin of Russia — or sign legislation imposing sanctions his administration has opposed.

“A nearly united Congress is poised to send President Putin a clear message on behalf of the American people and our allies,” said Senator Benjamin L. Cardin of Maryland, the top Democrat on the Senate Foreign Relations Committee, “and we need President Trump to help us deliver that message.”

The bill aims to punish Russia not only for interference in the election but also for its annexation of Crimea, continuing military activity in eastern Ukraine and human rights abuses. Proponents of the measure seek to impose sanctions on people involved in human rights abuses, suppliers of weapons to the government of President Bashar al-Assad in Syria and those undermining cybersecurity, among others.

[...]


https://www.nytimes.com/2017/07/22/us/politics/congress-sanctions-russia.html
2017-07-22, 8:20 PM #3180
if he vetos that i am just gonna laugh and laugh
2017-07-23, 8:48 AM #3181
Originally posted by Reid:
Lol


You laugh but https://bitcointalk.org/index.php?topic=421182.0
Epstein didn't kill himself.
2017-07-23, 6:01 PM #3182
Originally posted by Spook:


Of course that's a thing. Maybe I should brand my own version of Bitcoin before someone else does.

Originally posted by Reverend Jones:
wow talk about pretentious, using the original Latin plural form of previous :rolleyes:


My clumsy thumbs accidently make me use more Latin, hell yeah.
2017-07-23, 6:10 PM #3183
(Faux Latin)
2017-07-23, 6:11 PM #3184
Prae via -> praevius -> previous
2017-07-23, 8:03 PM #3185
Originally posted by Reid:
Of course that's a thing. Maybe I should brand my own version of Bitcoin before someone else does.



My clumsy thumbs accidently make me use more Latin, hell yeah.


You can make a token on ethereum (which is the new **** token is https://www.reddit.com/r/ethtrader/comments/6n4gj7/an_ethereum_token_called_****_raised_30000_in_30/) in like 20 minutes yo
Epstein didn't kill himself.
2017-07-23, 10:51 PM #3186
So my days of having no stable internet connection and generally not having any pressing business to attend I've stumbled my way onto potentially the worst/most hilarious corner of Reddit. It's called enough_sanders_spam and it's like a hive of the worst/funniest Clinton supporters. Check this out:

Quote:
I don't give a good god damn if she's got the humility and grit to take the abuse - I'm sick and tired of letting her. When we let her be attacked and demeaned from every angle, we let the traits that she embodies be similarly demeaned: dedication, determination, attention to detail, honesty, level-headedness, and all the rest of them.
She is the example of what responsible, proactive governance is supposed to look like. She spoke to the American people like they were adults. If anything, she overestimated them - held them in too high of esteem, thinking they were more able to process nuance than they were. Either way, **** that. She should be held up as an example of what we want and deserve in our leaders. I don't want to tolerate her being piled on for one moment, even if she's willing to be a punching bag for the greater good. She deserves better.


On voters:
Quote:
Hillary told them what she was going to do. She laid out her values in the intricately crafted, practical, direct, and achievable policies she has spent decades honing. She stood for working families in a way that no other politician in my lifetime has even began to. She stood for human rights in a way no other candidate in my lifetime has. For women's rights. For economic justice. For international peace and stability.
Her biggest mistake was overestimating the intelligence and maturity of the voting public by thinking that they could comprehend nuance.


Half of their time is spent linking Tweets that they like too. It's too good to be true.
2017-07-23, 10:56 PM #3187
Well that's pretty lame / sad, but then there's also /r/justneckbeardthings/, which is a subreddit dedicated to mocking mostly fat white guys for being introverted and awkward, for no other reason I can see except to be mean to one of the few groups in our society that hasn't been deemed a protected class by intellectuals.
2017-07-23, 11:04 PM #3188
I just looked at that and the top link is https://www.reddit.com/r/justneckbeardthings/comments/6p0eow/the_one_blade_that_no_neckbeard_has_ever_studied/ , which is definitely not very funny.

Actually nothing else I saw after clicking on a few were that funny either.
2017-07-23, 11:18 PM #3189
No it's just super lame.

If the want their My Little pony, I say let them have it.
2017-07-23, 11:21 PM #3190
Some weird confluence between the discussion in that thread alluding to the song you posted in the other thread.... :tinfoil:
2017-07-23, 11:24 PM #3191
https://mobile.twitter.com/itsmebeccax/status/889212205773860865

The main tweet isn't the point but I love this self-reply:

Quote:
Swore I wouldn't come on here during my vacation. I am in desperate need of detachment. But I couldn't resist.


I think I'm for social media addiction in the next DSM
2017-07-23, 11:29 PM #3192
As for the main tweet, well maybe Trump can say it.
2017-07-23, 11:39 PM #3193
http://abcnews.go.com/amp/Politics/week-transcript-23-17-jay-sekulow-sarah-huckabee/story?id=48791003

Okay some actual good news. Schumer recently came out and blamed Hillary for the lose, and announced the new agenda. And it looks strongly social democratic. I don't know if this will stick but what he says sounds great.
2017-07-23, 11:41 PM #3194
Originally posted by Reverend Jones:
As for the main tweet, well maybe Trump can say it.


Hah didn't he already sort of do that when he fired Comey? He said something about how he fired Comey for mishandling Hillary's email server?
2017-07-23, 11:49 PM #3195
Originally posted by Reid:
http://abcnews.go.com/amp/Politics/week-transcript-23-17-jay-sekulow-sarah-huckabee/story?id=48791003
Okay some actual good news. Schumer recently came out and blamed Hillary for the lose, and announced the new agenda. And it looks strongly social democratic. I don't know if this will stick but what he says sounds great.


This transcript is terribly long. Would you please direct me to the bits where you got "strong social democratism"? Being from a historically social democratic country (technically starting after World War 2 but especially from the 1970s, though some of it has been undermined in the 2010s by austerity measures), I'd love to find out what constitutes as such in America.
Looks like we're not going down after all, so nevermind.
2017-07-24, 12:12 AM #3196
Originally posted by Krokodile:
This transcript is terribly long. Would you please direct me to the bits where you got "strong social democratism"? Being from a historically social democratic country (technically starting after World War 2 but especially from the 1970s, though some of it has been undermined in the 2010s by austerity measures), I'd love to find out what constitutes as such in America.


- Do "lots of things" about wage stagnation. I don't know what, and I don't think they know, either.
- Propose lots of bills they know will die in committee, like a minimum wage hike, family leave.
- "Create a special, special" that will regulate drug prices, whatever that means.
- Enforce existing antitrust law.
- Create 10 million good paying jobs. Somehow.
- Design platform to appeal to blue collar voters, too.
- Other stuff they forgot to do for the past 8 years.
- Proposing to fix healthcare through increased copay. But, hell, they're talking about lots of stuff, and one of those things might be single payer!
- Taking up the reigns on Trump campaign promises, where he campaigned on doing something but hasn't done it yet.


The wooshing sound you're hearing is the wind escaping from a bag. This isn't social democratic at all, it's actually business as usual with a rightward shift in messaging. If he didn't sound like he was full of ****, I'd say you should be worried.
2017-07-24, 3:47 AM #3197
Originally posted by Krokodile:
This transcript is terribly long. Would you please direct me to the bits where you got "strong social democratism"? Being from a historically social democratic country (technically starting after World War 2 but especially from the 1970s, though some of it has been undermined in the 2010s by austerity measures), I'd love to find out what constitutes as such in America.


Just ctrl+f Schumer, his section is really short.
2017-07-24, 3:47 AM #3198
In short he promised a 1 trillion infrastructure deal and said the primary goal is appealing to labor.
2017-07-24, 9:15 AM #3199
Originally posted by Reid:
In short he promised a 1 trillion infrastructure deal and said the primary goal is appealing to labor.


How is that strongly social democratic? Investing in infrastructure is a common strategy in any society to create jobs and stimulate the economy. The vague goal of appealing to labor is also not some exclusive tenet of social democracy.
Looks like we're not going down after all, so nevermind.
2017-07-24, 9:22 AM #3200
I guess I presumed it would be funded by a tax increase. Maybe even a progressive one. I don't know why exactly.
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