Conservative or liberal (politics)

Jetflag

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Jul 17, 2020
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What did I do now, lol!?
IMG_1458.gif

You made @Progrez chance his profile pic under duress cuz you were offended by it! Don’t deny it!
 

dmgtz96

Legendary Member
Jul 13, 2020
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This probably tangentially belongs here, but I just realized I have zero interest in watching the Disney reboots (Snow White, Little Mermaid, heck even Mufasa). All of them are just vain cash grabs. The weird casting decisions for Snow White and Little Mermaid were likely done to generate buzz/controversy *for* the movie, because people (most likely conservatives) would inevitably complain about it.

Anyways, they come off as soulless movies. Godzilla Minus One and Sonic 3 are significantly better.
 
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Bobby Summa

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Sep 7, 2022
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Announcements expected today from Mr T. - I said 5 months from being elected something big would happen. Be interesting to see the reaction to these Tarrifs. So called ‘Tarif Wars’ predicted by the media.

The markets (stock etc) have been crazy since he got in.
 
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dmgtz96

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Jul 13, 2020
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Announcements expected today from Mr T. - I said 5 months from being elected something big would happen. Be interesting to see the reaction to these Tarrifs. So called ‘Tarif Wars’ predicted by the media.

The markets (stock etc) have been crazy since he got in.
My 401k has been stagnant despite contributing thousands year-to-date
 
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Bobby Summa

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Sep 7, 2022
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My 401k has been stagnant despite contributing thousands year-to-date
Sorry to hear that. Do you mean little employer contributions or low interest? Or some other negative aspect?
im not sure how 401k works.

my wife who watches markets says he’s crashing them for his own interests. And from my business knowledge, and awareness of what’s happening, it fits.
Now why would a president do that to his people!?
 
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Jetflag

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Jul 17, 2020
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Sorry to hear that. Do you mean little employer contributions or low interest? Or some other negative aspect?
im not sure how 401k works.

my wife who watches markets says he’s crashing them for his own interests. And from my business knowledge, it fits.
Now why would a president do that to his people!?
Because it’s a “war” he/ the US will most likely win, given the US’s consumer position in the market.

And when, not if, he does, he/ the US will be in an economic sweet spot where tarrifs back/forth will not only mostly favour the US, but, and that’s the theory, will largely restore in-country manufacturing in the US, revitalising the rust-belt.
 

Bobby Summa

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Sep 7, 2022
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Because it’s a “war” he/ the US will most likely win, given the US’s consumer position in the market.

And when, not if, he does, he/ the US will be in an economic sweet spot where tarrifs back/forth will not only mostly favour the US, but, and that’s the theory, will largely restore in-country manufacturing in the US, revitalising the rust-belt.
Selfishness is not a good thing . Might the war become more that tariff war? Actual war with guns.

God, I can’t stand stupidity and selfishness at the best of times, but here ( as in Trump) it’s not even conceivable the amount of selfishness to even someone with modest amounts of humanity in them , but still happening.
 

Jetflag

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Jul 17, 2020
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Selfishness is not a good thing . Might the war become more that tariff war? Actual war with guns.

God, I can’t stand stupidity and selfishness at the best of times, but here ( as in Trump) it’s not even conceivable the amount of selfishness to even someone with modest amounts of humanity in them , but still happening.
you misuse the term selfish here.. Trump doesn't do this for or to the benefit of "himself",

He does this for his country and its people who entrusted him with their vote. And that is a sacrosanct part of any democracy...you basically " loan" your power to one or more representatives to invest that power into measures to the benefit of you and your country. They voted him in for his campain program.
if he where to now do the opposite, and betray those who've lend you their power/voice and let them and their concerns rot to "safe the rest of the world" thát would be immoral, and a breach of the social contract.

to be clear, I am no fan of what he's doing tariff wise as i'm impacted aswell...

But what trump does, protectionism, is not selfishness.
 
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dmgtz96

Legendary Member
Jul 13, 2020
3,049 Posts
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Sorry to hear that. Do you mean little employer contributions or low interest? Or some other negative aspect?
im not sure how 401k works.

my wife who watches markets says he’s crashing them for his own interests. And from my business knowledge, and awareness of what’s happening, it fits.
Now why would a president do that to his people!?
Both my employer and I contribute to my 401k (employers sometimes have 401k matching- mine matches up to 6% of my annual salary if I contribute at least 6%). The value of the fund itself is based on the stock market.

Essentially, it's an investment account funded by pre-tax dollars, that itself grows tax-free. So, yeah, it fluctuates based on market conditions. Although I've been contributing for the past three months, I basically don't have any more money in it than when I started this year.

Edit: I probably own more stocks than at the beginning of the year - but the market would have to go back up before I see the bigger dollar amount
 

dmgtz96

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Jul 13, 2020
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give it time m8 🙏 waay to early in the season to see how this is eventually going to pan out :)
Yeah, I even bumped up my contributions after I finished paying off my car. I still have a few medical expenses here and there, so right now I'm balancing cash vs retirement contributions. It'll be nice once the market rebounds, which I think it will
 
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Bobby Summa

Elite Member
Sep 7, 2022
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Brighton UK
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you misuse the term selfish here.. Trump doesn't do this for or to the benefit of "himself",

He does this for his country and its people who entrusted him with their vote. And that is a sacrosanct part of any democracy...you basically " loan" your power to one or more representatives to invest that power into measures to the benefit of you and your country. They voted him in for his campain program.
if he where to now do the opposite, and betray those who've lend you their power/voice and let them and their concerns rot to "safe the rest of the world" thát would be immoral, and a breach of the social contract.

to be clear, I am no fan of what he's doing tariff wise as i'm impacted aswell...

But what trump does, protectionism, is not selfishness.
Globally selfish and wrong is what he is. Ie not for the good of the planet. Indicates he only cares about America.