President Trump: The NEW one and only politics thread

JFC.

 

Exactly. And we are led by a weak, feeble, uncaring, self centered thief with memory and speech impairments and an inability to comprehend the written word or more than 5 consecutive spoken words . Trumpheimer’s is my diagnosis.

on the bright side, Lee Atwater and Roger Ailes are dead.

 

I donated to Joe Biden today. That is good and productive for my community. #BeBest

 

The K Street job at the end of that shit-stained carousel is the real brass ring he is grasping for. Those jobs will not go away with a Biden ascension.

 

Dow will drop 1,000 points tomorrow
S&P will lose 10%

Foxnews will lead with a drunk Mexican who hit a deer on the the highway followed by a buy on the dips segment

 

Yeah, but do *they* hire fresh graduates? I was under the impression that they liked D.C. veterans, old line insiders with connections. I suppose everybody needs entry level flunkies.

 

I had seen analysis that part of why Russia dropped their price was a bid by Putin to put pressure on U.S. shale oil production. Now the Saudis have tried to put a floor on the market via OPEC and failed, and in return have aggressively dropped the price to punish those who did not cooperate. Russia is very dependent on oil money for foreign exchange, so that's a club against them. It has the bonus for the Saudis of punishing American shale at the same time. I would not have expected them to take a stick to the American economy in that way, so either they didn't think of those implications (which seems unlikely) or they have their own motives and simply don't care.

Does that scan? I'm way out of my area of expertise here.

Otherwise, this feels like the start of the housing market collapse in '08, with the bonus that the banks were not forced to eat the consequences of what they did then and so they continued to build houses of cards - hell, high-rises of cards.

 

The old line insiders you speak of kind of went the way of Tom DeLay. Quietly networking in the cloakroom and afterward, making many times more bank than they did as a MOC. This new breed wants to jump on FOX right off the bat and knows it's likely to be fertile territory post-Trump. For a lot of them, it's more infamy than money. The former will in due time take care of the latter.

 

This is a little different. The big oil companies hedge their risks because they can afford to. When the smaller less capitalized shale outfits start to go tits up, the big guys will buy them for pennies on the dollar. This will limit contagion from the oil collapse. Virus-related collapse another matter entirely. Nobody can hedge that.

 

We've seen this movie before. The scenario is completely different. The Saudis tried in 2014 to put the U.S. frackers out of business with oversupplied, super-cheap Middle Eastern oil. They brought some hurt but failed in the end. Putin needs oil in the $90 range to keep Russia solvent.

 

Good. Fuck Putin with a splintery two by four.

 

Not any more. He’s got trump