Xerxes Posted July 2, 2025 Posted July 2, 2025 https://podcasts.apple.com/ca/podcast/the-prof-g-pod-with-scott-galloway/id1498802610?i=1000714909458
LC Posted July 2, 2025 Posted July 2, 2025 Well naturally our Dear Felon-in-Chief only cares about The Law...to suggest otherwise would be very anti-MAGA! Of course I'm not exactly what illegal immigration has to do with cutting Medicaid, expanding the deficit another 3+trillion, taxing consumer 400B in tariffs, showering more tax breaks on the 1%... But I guess that doesn't really matter...let the poor and working classes pay for Trump's $170B ICE army. The 1% need tax breaks!
cubsfan Posted July 2, 2025 Posted July 2, 2025 1 hour ago, LC said: The poor and working classes are paying for it, right now. But I wouldn't expect MAGA to care about their fellow Americans, particularly as they're trying to deport them for being the wrong color. You're so wrong. There is no inflation, there is no recession. None of the economic calamity that all the experts predicted with the Trump economy. What a bunch of bozos you listen to..
Parsad Posted July 2, 2025 Posted July 2, 2025 6 hours ago, 73 Reds said: I think rates should stay where they are. Savers are and have been hurt by ultra low interest rates. Why should everyone be pushed into risk assets? Why should risk-averse folks have to lend money to banks or the government for near no return? Totally agree with you! But unfortunately, ever since the GFC, this whole maintaining 2% inflation goal has simply created distortions we probably don't understand. Same with quantitative easing...it worked...but what path in the multiverse did we steer into? Only time will tell. Cheers!
Parsad Posted July 2, 2025 Posted July 2, 2025 16 minutes ago, cubsfan said: You're so wrong. There is no inflation, there is no recession. None of the economic calamity that all the experts predicted with the Trump economy. What a bunch of bozos you listen to.. Not yet. He cuts taxes, lowers rates and floods the U.S. with investment and jobs...there definitely will be inflation. Cheers!
changegonnacome Posted July 2, 2025 Posted July 2, 2025 7 minutes ago, cubsfan said: There is no inflation That's true - but only cause companies stockpiled a bunch of stuff in advance of tariffs.....effectively beginning about this month we will start to see the true tariff effects on spot pricing....so too early Cubs for a victory lap on this particular Trump policy.....open question to see how it all flows through to Walmart/Apple etc.....weakening dollar hasnt helped thats for sure...one of Bessent's central tariff thesis was the currency picking up some slack which clearly hasn't worked out.
Grenville Posted July 2, 2025 Posted July 2, 2025 4 hours ago, dealraker said: In Trump figurine style: https://www.google.com/amp/s/thehill.com/homenews/administration/5378452-trump-launches-victory-fragrances/amp/ Love it!
cubsfan Posted July 2, 2025 Posted July 2, 2025 3 minutes ago, changegonnacome said: ....so too early Cubs for a victory lap on this particular Trump policy.... Yup, I'm just responding to the months of everyone predicting the economic calamity that is Trump.... I'm still waiting......job losses, inflation, blah, blah, blah Looks pretty darn good to me.... But you guys keep it coming - I'll be waiting.
changegonnacome Posted July 2, 2025 Posted July 2, 2025 5 minutes ago, cubsfan said: Looks pretty darn good to me.... Well lets see - we'll start getting data on the Trump economy soon enough....and we can compare it to the Biden economy........good thing is seen as Trump has decided to keep the outrageous Biden fiscal debt levels in place.....its more of a like for like comparison where MAGA can't claim that Donald shrunk the deficit and so he shouldn't be judged against Biden 'juiced up' economy. Anyway my guess Biden's H1 2024 economy is gonna beat the crap out of Trump's H1 2025 economy....but you know H2 2025 could catch things up....in Donald's defense he decide to crack a few eggs to make an omelette early in his term so H1 might be understandably weak given all the policy volatility....and i guess if your on Team MAGA H2 is when the BBB gets done and Liberation Day work gets completed and all the fruits of Donald labor will come to fruition. Genuinely hope Donald turns out to be right on all this stuff and we take off from here.
John Hjorth Posted July 2, 2025 Posted July 2, 2025 9 hours ago, dealraker said: In Trump figurine style: https://www.google.com/amp/s/thehill.com/homenews/administration/5378452-trump-launches-victory-fragrances/amp/ lol! -And soon some democrat will launch a smelling salt called 'HMNA 45-47' ['Hold my nose against 45-47'].
Spekulatius Posted July 2, 2025 Posted July 2, 2025 13 hours ago, changegonnacome said: And American business/industry where the inputs come from overseas......whatever the tariff revenue is.....you can take a big chunk of it off due to lower domestic industrial production, employment, profits....Trump/GOP loves dynamic scoring so much when its used to juice the numbers in a positive way....but this is one line item that won't be dynamically scored as you'd have to write it down significantly. Yep, the business division at the company I work for pays for it too in a significant way. End results TBD (whether it can be passed on to customers)
dealraker Posted July 2, 2025 Posted July 2, 2025 Our media dominating glowering goofball was just a few months ago in bad shape: https://www.nytimes.com/2025/07/02/us/trump-finances-crypto.html?smid=nytcore-ios-share&referringSource=articleShare And regardless of what our red capper crowd entertainingly believes is the ancient craggy painted-up MAN'S focus - the 'assets' marking the billions in this article are what is going to be top draw for all the help our most powerful leader in history has to give. This dude is self-focused on his economic state as he has been for 60 years, the rest of it is just scrambled eggs distraction and cult persuasion. https://www.nytimes.com/interactive/2025/07/02/business/donald-trump-wealth-net-worth.html?smid=nytcore-ios-share&referringSource=articleShare
73 Reds Posted July 2, 2025 Posted July 2, 2025 22 minutes ago, dealraker said: Our media dominating glowering goofball was just a few months ago in bad shape: https://www.nytimes.com/2025/07/02/us/trump-finances-crypto.html?smid=nytcore-ios-share&referringSource=articleShare And regardless of what our red capper crowd entertainingly believes is the ancient craggy painted-up MAN'S focus - the 'assets' marking the billions in this article are what is going to be top draw for all the help our most powerful leader in history has to give. This dude is self-focused on his economic state as he has been for 60 years, the rest of it is just scrambled eggs distraction and cult persuasion. https://www.nytimes.com/interactive/2025/07/02/business/donald-trump-wealth-net-worth.html?smid=nytcore-ios-share&referringSource=articleShare Isn't this where credibility is lost? How many articles were published about the Bidens' wealth or how it was derived? I don't recall any posts here either.
John Hjorth Posted July 2, 2025 Posted July 2, 2025 (edited) 1 hour ago, 73 Reds said: Isn't this where credibility is lost? How many articles were published about the Bidens' wealth or how it was derived? I don't recall any posts here either. @73 Reds, Why is Charlies [ @dealrakers] point about POTUS' pretty agressive econimic capitalizing on POTUS' reelection mentioned by Charlie [ @dealraker ] as posted above not credible? I suppose you haven't looked at POTUS' lastest OGE Form 278e linked to in one of the NYT articles that Charlie [ @dealraker ] linked to. It certainly requires certain skills to comprehend and decipher the overall picture of it to the degree possible, - skills that I dare say most financial reporters at main stream media do not posses. It's legal defection of the reality. Legal here meaning stupid as if Bershires 13-F reporting of Apple position would be OK, if reported as in the interval 1 - 1,000,000,000. Deflection because who [the h*ll] else would hold more than 1,000 positions in one account. I speculate and suspect it's deliberate, conscious portfolio management, based on a political motivated intent. If the reporter can't decipher the form, it is all good he just links to it. Reporters dig into things like this, because POTUS's finances are highly controversial, simply because POTUS' actions are questionable. Edited July 2, 2025 by John Hjorth Fixed spelling
dealraker Posted July 2, 2025 Posted July 2, 2025 51 minutes ago, 73 Reds said: Isn't this where credibility is lost? How many articles were published about the Bidens' wealth or how it was derived? I don't recall any posts here either. Damn! I thought Trump was the pres but yawl keep suggesting otherwise.
73 Reds Posted July 2, 2025 Posted July 2, 2025 8 minutes ago, John Hjorth said: @73 Reds, Why is Charlies [ @dealrakers] point about POTUS' pretty agressive econimic capitalizing on POTUS' reelection mentioned by Charlie [ @dealraker ] as posted above not credible? I suppose you haven't looked at POTUS' lastest OGE Form 278e linked to in one of the NYT articles that Charlie [ @dealraker ] linked to. It certainly requires certain skills to comprehend and decipher the overall picture of it to the degree possible, - skills that I dare say most financial reporters at main stream media do not posses. It's legal defection of the reality. Legal here meaning stupid as if Bershires 13-F reporting of Apple position would be OK, if reported as in the interval 1 - 1,000,000,000. Deflection because who [the h*ll] else would hold more than 1,000 positions in one account. I speculate and suspect it's deliberate, conscious portfolio management, based on a political motivated intent. If the reporter can't decipher it is all godd he just links to it. Reporters dig into things like this, because POTUS's finances are highly controversial, simply because POTUS' actions are questionable. John, its not the reporting itself but the lack of objectivity by news sources. How often did the NYT report on the Bidens and their shady financial dealings? How often did anyone here who republishes Trump reports post similar issues with respect to the Bidens? All I ask for when it comes to news media is objectivity. It is sorely lacking.
dealraker Posted July 2, 2025 Posted July 2, 2025 1 minute ago, 73 Reds said: John, its not the reporting itself but the lack of objectivity by news sources. How often did the NYT report on the Bidens and their shady financial dealings? How often did anyone here who republishes Trump reports post similar issues with respect to the Bidens? All I ask for when it comes to news media is objectivity. It is sorely lacking. Who is the 'Biden' guy? I heard about some sleepy soul long ago... ...but this orange/brown spray painted saggy jowl guy keeps popping up on my screen.
73 Reds Posted July 2, 2025 Posted July 2, 2025 Just now, dealraker said: Who is the 'Biden' guy? I heard about some sleepy soul long ago... ...but this orange/brown spray painted saggy jowl guy keeps popping up on my screen. He is easily forgettable. Except by those who have to clean up his messes.
dealraker Posted July 2, 2025 Posted July 2, 2025 2 minutes ago, 73 Reds said: He is easily forgettable. Except by those who have to clean up his messes. Yo Reds... How much did your net worth go up under the forgettable? Isn't it you that relentlessly says, "It don't matter who the pres is."???
73 Reds Posted July 2, 2025 Posted July 2, 2025 6 minutes ago, dealraker said: Yo Reds... How much did your net worth go up under the forgettable? Isn't it you that relentlessly says, "It don't matter who the pres is."??? Sure but who is here incessantly posting about the "orange man"? As much as I detested most everything about Biden, I can't recall a single post made to that effect, nor did I dwell on it.
changegonnacome Posted July 2, 2025 Posted July 2, 2025 (edited) 23 minutes ago, 73 Reds said: How often did the NYT report on the Bidens and their shady financial dealings? From which we can infer that you agree Trump is involved in shady financial dealings too. Whataboutism....in my book and many others.....is a concession to the central thesis being put forward....."Trump is engaged in shady dealings"....MAGA's response "well what about Hunter & the Biden they were too" Edited July 2, 2025 by changegonnacome
whiskybravo Posted July 2, 2025 Posted July 2, 2025 (edited) 20 minutes ago, changegonnacome said: From which we can infer that you agree Trump is involved in shady financial dealings too. Whataboutism....in my book and many others.....is a concession to the central thesis being put forward....."Trump is engaged in shady dealings"....MAGA's response "well what about Hunter & the Biden they were too" If you don’t like Trump, I ask what is the alternative? For some I suppose it was Kamala…obviously. I don’t see Ike walking through the door or JFK or even William Jefferson. So until knucklehead Dems can give me better than Cackles, AOC, and Mamdani I think I’ll stick with secure borders, intelligent energy policy, capitalism, etc. A friend is convinced the Kentucky governor is the answer. He actually thought the guy had a chance in this Democratic Party. Edited July 2, 2025 by whiskybravo
changegonnacome Posted July 2, 2025 Posted July 2, 2025 1 minute ago, whiskybravo said: If you don’t like Trump, I ask what is the alternative? I think that's a very legitimate position......the alternatives are/were poor, very poor and I acknowledge that.....however the 'no alternative' position is a form of apathy which perpetuates poor candidates, poor governance over time.....you've got to call Trump out for his bullshit even with the context that the alternative to Trump in 2024 was poor.
dealraker Posted July 2, 2025 Posted July 2, 2025 26 minutes ago, 73 Reds said: Sure but who is here incessantly posting about the "orange man"? As much as I detested most everything about Biden, I can't recall a single post made to that effect, nor did I dwell on it. LOL, I didn't have to comment about sleepy's outrageous smoothing and coloring as he already gathered quite the assortment of observing critiques. Anyways, I'm just making sure we keep up with how well Trump's doing these days as we all debate whether he actually has a plan or whether he slings and dings, stabs and grabs, or whatever when he daily comes up with something new, bigger (always the biggest in history), and of course surely better. Last I heard such grandeur pre-Trump was the boys 5th grade bathroom!
73 Reds Posted July 2, 2025 Posted July 2, 2025 22 minutes ago, dealraker said: LOL, I didn't have to comment about sleepy's outrageous smoothing and coloring as he already gathered quite the assortment of observing critiques. Anyways, I'm just making sure we keep up with how well Trump's doing these days as we all debate whether he actually has a plan or whether he slings and dings, stabs and grabs, or whatever when he daily comes up with something new, bigger (always the biggest in history), and of course surely better. Last I heard such grandeur pre-Trump was the boys 5th grade bathroom! Fair enough. Thus far on nearly every issue important to me the arrow points in his favor.
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