I don't have any clue how Republicans are going to claw their way out of this hole they've found themselves in. Calling it a shit-show is being kind.
Correct, but even if it bounces back, how much are you going to actually make off of those continued investments compared to the losses in the rest of your portfolio, the damage done to the US as a stable environment for business, loss of GDP and government investment in the economy, etc. It’s short term thinking to think that a government budget induced crash gets you some cheap stocks so it’s fine.Indeed. if you're sitting on cash you're an idiot. If you stop investing through a market crash that too makes you an idiot.
Well I think it depends on your level of sociopathy. Lots of people made incredible fortunes in the Great Depression, after all.Correct, but even if it bounces back, how much are you going to actually make off of those continued investments compared to the losses in the rest of your portfolio, the damage done to the US as a stable environment for business, loss of GDP and government investment in the economy, etc. It’s short term thinking to think that a government budget induced crash gets you some cheap stocks so it’s fine.
It isn't always appreciated. If the other team does a killer play that might even dash our hopes, like, I have to congratulate that. Unless it's cheating or damn close to it.
Anyway. The Democrats didn't have to vote for McCarthy's outing but they did. Good.
Why they did, that's irrelevant to me. Only the final outcome is of any significance to me.
The football analogy was a good one. Generally I would tend to agree with you. However, by the slimmest of margins was McCarthy ejected. If it weren't for all the Democrats and a handful of Republicans it would have not been possible. I'm really not sure how that is getting lost on some people. Aren't people working together towards a common goal the very essence of assisting? Should I have said the Democrats and Republicans were assisting one another? Egh. I would have imagined people would understand what I was getting at should that be the case.
Thanks nonetheless. You didn't even insult me so I didn't have to bother returning the favor! How cordial. I liked your post and the effort, it's the best one.
Sitting on cash isn't applying leverage and sits there and erodes through inflation, I do hope you knew that.
You deserve an award. The part in bold is correct. I don't care about Democrats or Republicans, I have no allegiance. What have they done for me? They've done fuck all for me.
Use long term thinking. Index funds -- SP500 for example. I'm not "retiring" (likely never, intentionally) for many decades yet.Correct, but even if it bounces back, how much are you going to actually make off of those continued investments compared to the losses in the rest of your portfolio, the damage done to the US as a stable environment for business, loss of GDP and government investment in the economy, etc. It’s short term thinking to think that a government budget induced crash gets you some cheap stocks so it’s fine.
Huh? Is that a joke, or? I never said that. If that's supposed to be an insult because you find it easier to tear things down than to build up since that's all you can muster in life then it went right over my head.I mean, you're the guy very loudly proclaiming that you stopped reading at the 4th grade level and you expect anyone to assume anything but your complete incompetence at also understanding how markets work?
this low-rent Alchemyst costume that you're trying on is a bit tiresome.
I am using long term thinking and am very heavily invested in various U.S. total market and SP500 funds, and dump lots of money into them weekly. That’s why I think the degradation of our civil institutions is bad and won’t benefit me or anyone. Long term thinking not short term “hooray 30% share discount for three months”. Everyone including you and me would have more money if the market didn’t crash in the first place.Use long term thinking. Index funds -- SP500 for example. I'm not "retiring" (likely never, intentionally) for many decades yet.
Personally, I like not having the market crash and prefer to have it steadily grow over time. Turns out money, obtained through employment enabled by stable government institutions and a stable market, can be exchanged for goods and services.I am using long term thinking and am very heavily invested in various U.S. total market and SP500 funds, and dump lots of money into them weekly. That’s why I think the degradation of our civil institutions is bad and won’t benefit me or anyone. Long term thinking not short term “hooray 30% share discount for three months”. Everyone including you and me would have more money if the market didn’t crash in the first place.
I’d also be willing to bet I’m a decade or more younger than you .. so yeah, long term thinking.
Personally, I like not having the market crash and prefer to have it steadily grow over time. Turns out money, obtained through employment enabled by stable government institutions and a stable market, can be exchanged for goods and services.
Fair. I could still go for a 4-5 year stint of not having a new higher high. We could well be on that course right now -- I wouldn't mind a swift kick in its ass to get it more motivated, though.I am using long term thinking and am very heavily invested in various U.S. total market and SP500 funds, and dump lots of money into them weekly. That’s why I think the degradation of our civil institutions is bad and won’t benefit me or anyone. Long term thinking not short term “hooray 30% share discount for three months”. Everyone including you and me would have more money if the market didn’t crash in the first place.
I’d also be willing to bet I’m a decade or more younger than you .. so yeah, long term thinking.
You’re Bevis, right? Republicans began this crap. Republicans are the majority in the House, right? So why did Mcarthy need a single Democrat vote to keep the speakership? Should have had zero problem keeping the chair…his party simply stands behind him.I don't have any 'feels' on it. Nor did I twist or misrepresent. Or lie. Or troll -- and you're calling me disingenuous?
There is context at the beginning of this 'argument' and you have the audacity to tell me I'm twisting or misrepresenting when that's precisely what you are doing. It's black and white. There's literally nothing to portray, it's on paper, recorded, forever. Facts. Democrats and Republicans both voted for this. If you didn't notice, more Democrats voted for this than Republicans. That is irrelevant, at the end of the day both parties are responsible. Throw in some Independents and point fingers at them too if that makes you feel better about it. Both Republicans and Democrats voted on outing McCarthy. Democrats and Republicans are both responsible. That's what I said, no more no less.
We've got the circus, now if we could just afford the bread we'd be in good shape.
I am still waiting for any coherent theory to why when someone comes up to you and says 'give me something I want and in exchange I will give you nothing' why you're both at fault for a deal not getting done.You’re Bevis, right? Republicans began this crap. Republicans are the majority in the House, right? So why did Mcarthy need a single Democrat vote to keep the speakership? Should have had zero problem keeping the chair…his party simply stands behind him.
Oh wait…there’s that nasty bit of a Republican starting this and forcing the vote. Democrats had not a damned thing to do with this.
Yet, Bevis, you seem to think Democrats were somehow supposed to show loyalty to a man who shit all over them last Sunday on the public airwaves.
Simply fucking amazing you’re trying to blame Democrats for a situation created entirely by Republicans.
Look, if you're operating on the premise that Kevin being ousted WILL cause a market crash AND that the market == the economy AND that a market crash will not happen with Kevin in charge, then it follows that Democrats receive a healthy economy for their constituents in exchange for votes to save him.I am still waiting for any coherent theory to why when someone comes up to you and says 'give me something I want and in exchange I will give you nothing' why you're both at fault for a deal not getting done.
I am still waiting for any coherent theory to why when someone comes up to you and says 'give me something I want and in exchange I will give you nothing' why you're both at fault for a deal not getting done.
So basically the same hostage argument that was used for the debt ceiling. You can't give into ransom demands or you just get more of them.Look, if you're operating on the premise that Kevin being ousted WILL cause a market crash AND that the market == the economy AND that a market crash will not happen with Kevin in charge, then it follows that Democrats receive a healthy economy for their constituents in exchange for votes to save him.
I could be wrong but the next speaker is likely Nancy Mace. She's got the John McCain independent maverick thing going for her and her district likely won't kick her out for this vote.
The more Trump hates her, the more popular she'll become with never trumpers and donors.
How ARE we going to get a new speaker before a new Congress?
Republicans are incapable of voting together on this.
There is no "majority" to elevate a new speaker.
GOPs in Biden districts get fed up and make a deal with the Dems for a non-POS R caretaker speaker.
There are plenty of Democrats to reach out to. I’d bet they’d be willing to vote for a trustworthy R. Shit that person would only need like 10 Rs to vote for them.How ARE we going to get a new speaker before a new Congress?
Republicans are incapable of voting together on this.
There is no "majority" to elevate a new speaker.
I’d think most Dems would settle for McHenry. So far he’s made no indication he’s interested though. But since he’s so close to the spineless one, would he just be a puppet speaker?That's not a large group to select from.
You mean there are none.That's not a large group to select from.