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'Umongous Ginormous stock market correction any day now, lookin at > or = 20% so DJIA around a smidge or so above 26,000 ... bout time, its all fake
edit:
on another note, FED is terrified, they will raise 25BP to make it look like it is all calm and measured
Last edited by NoSavingByTheBell; 05-03-2023 at 03:27 AM.
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Stocks went up after the interest rate raise today, .25%, but they only said further raises "may" be necessary in the future, pretty funny stuff how all this works, the federal reserve must have to be very careful in choosing their words.
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Might have to start cutting them to head off bank runs at some point.
Related:
https://twitter.com/MattGrossmann/st...79397116153856
I could post something like this every week. Chip chip chipping at democracy:
https://twitter.com/SawyerHackett/st...92482003423253
You have states like Wisconsin which are battleground states that decide elections. The states themselves are gerrymandered to fuck, Wisconsin has two thirds GOP lock on the statehouse with less than fifty percent of the statewide vote. And they use this to pass laws which will eventually mean no Democrat can ever win a presidential election. This stuff is just ongoing and largely under the radar but it's going to hit a tipping point at some point which will mean game over for fair elections in America. It's a matter of time.
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Yeah I read that on the news. Few questions come to mind.
1. Why would the most important nationwide event held every four years with ample time for preparation and logistics suffer from problems like (cough) "running out of ballots?" Again... my experience in industry was all about planning for, and executing projects. Every "i" was dotted and every "t" was crossed. This is the United States we're talking about... not some banana republic where even simple logistics can be fukked up.
2. What is the reasoning behind overturning an election because "X" or "Y" polling places ran out of ballots for more than "A" or "B" time period? Seems arbitrary and irrelevant to me. At most, a polling place running out of ballots translates into a huge inconvenience for voters with lives to get back to... and you'd think voters for both parties would be affected. But ballots cast up to that point are ballots cast. Controlling a polling place to ensure the integrity of a voting process doesn't seem like rocket science to me. Maybe I'm missing something.
3. What's next... if the polling station officials show up with the wrong color ties... someone can overturn the election?
The words "banana republic" keep coming to mind, because that was what Trump was fond of calling other countries. Yet everything that has happened in the States... from rioting at the Capitol... to massive conspiracy theories about stolen elections bought by half the country... scream banana republic at the top of its lungs.
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Presidential elections are done at state and county level. There are going to be fuckups getting elected to run these counties and even the vast majority of competent officials will employ a certain number of fuckups so at some point you're going to see shit like this happening occasionally. Sometimes competent people fuck things up too.![]()
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The Biden family received, and tried to hide, over $10 million in payments from foreign nationals
A previously undisclosed $1 million in Romanian-linked payments
Ties to Romanian ‘influence peddling’
A ‘web’ of 20 LLCs created while Joe Biden was Vice President with a ‘complicated corporate structure’
‘At least 15’ of the LLCs were formed after Biden became VP in 2009 – several of which were owned or co-owned by Hunter
These LLCs accepted payments ranging from $5,000 to $3 million
The committee wants to know what legitimate business the Biden family was in
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