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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Crashes the Markets and Panics Monday AM
By Ben Meiselas
Another day, another economic disaster brought to you by Donald Trump. As the week begins, Trump is doing what he does bestcrashing our economy and trying to scam his supporters while pretending its all someone elses fault.
Let me show you just how ridiculous its gotten. Today, Trump sent out this message to his followers:
Would you accept a DOGE dividend check signed by Trump?
I wish I was making that up. Trump is literally out here suggesting hell send people DOGE savings checkssigned by himselfwhile the markets are tanking and Americans are watching their 401(k)s, pensions, and life savings nosedive.
https://www.meidasplus.com/p/trump-crashes-the-markets-and-panics
Dow down 844, S&P 500 down 153, NASDAQ down 757
Heckuva job Trumpy
ProudMNDemocrat
(20,973 posts)The rest in Roth and Money Market accounts.
But still, a shock to those whose IRAs are invested in this wild market.
Baitball Blogger
(52,605 posts)Now it seems to be a requirement.
3Hotdogs
(15,474 posts)Now is the lowest price you can buy stocks for in months.
Baitball Blogger
(52,605 posts)angrychair
(12,424 posts)What the fuck is a "DOGE check"??? Do they have a budget? To the best of my knowledge they haven't actually saved any money yet.
I have to ask, again, if we are cutting taxes and if we send unused or saved money back to people then how does this help pay off the national debt? When do we do that?
mwooldri
(10,825 posts)I don't know if that cheque is worth the paper it's printed on.
Seinan Sensei
(1,611 posts)
they are dishonest and unreliable.
Synonyms: nasty, offensive, unpleasant, revolting
So, yes, DODGY works
live love laugh
(16,450 posts)gilligan
(218 posts)And how does Elmo have the right to cut things. I see no DODGY in the Constitution.
JPK
(986 posts)So much winning. We'll get sick of winning we will be winning so much.
kimbutgar
(27,447 posts)People like me arent spending the money like i used to. I will be curious to see Amazons quartile earnings.
Prairie Gates
(8,377 posts)Walk away from overconsumption.
Reduce. Boycott. Simplify. The capitalists have imposed this nightmare on us. Exit their markets!
Emile
(42,896 posts)
elliesmandt
(42 posts)When are Congressional Republicans going to wake up, or should I say Woke up, grow a spine, and stop this maniac from destroying the economy?
BadgerMom
(3,429 posts)And not a moment sooner.
It seems clear that one of the things we needed most during the Biden years-besides a stronger DOJ-was a campaign financing overhaul.
AmericaUnderSiege
(777 posts)Does Russia even have an actual plan, or is this just extemporizing?
Response to Yo_Mama_Been_Loggin (Original post)
Name removed Message auto-removed
erronis
(24,237 posts)FloridaBlues
(4,679 posts)leanforward
(1,140 posts)My studies of economic history is proving out. The dive is sooner than I expected. Everybodys wealth will be impacted.
Attilatheblond
(9,126 posts)And right now, GOP controlled Congress doesn't seem reliable about just managing to keep the doors open.
Rebl2
(17,884 posts)TRUMP!!!🤬🤬🤬🤬🤬
erronis
(24,237 posts)They want them to crash. Wipe out most of the valuation.
Guess what happens then?
Huge societal disruption. Civil strife, deaths and destruction.
Guess who benefits from this? oligarchs world-wide.
Buddyzbuddy
(2,780 posts)He also said to shut up about egg prices when asked by a reporter
and there will be pain involved
and there will be a transition period before things improve
and trust him, he knows better than the experts
and, and, and.
What he has done in a few weeks with the economy is provide the exact reason not to privatize S.S.
Hey Leon, better check on Tesla. Stocks are selling off like there's a fire sale.
defacto7
(14,162 posts)SleeplessinSoCal
(10,435 posts)Where is that "cash" coming from?
Pas-de-Calais
(10,289 posts)Bengus81
(10,294 posts)Down 16% on the day is MASSIVE. Musk has lost $17.45 BILLION today. The DOW lost 890.01 points today. I need to look and see when the last loss that size was.
louis-t
(24,643 posts)with his name plastered all over them. He cost me $100,000 in income, but at least he gave me $600. What a swell guy.
Bengus81
(10,294 posts)But nope,it would have been $1200 plus $300 for one daughter that was under 18. The notification was on 4/25/2008 and the checks started being issued on 5/9/2008.
https://georgewbush-whitehouse.archives.gov/news/releases/2008/04/20080425.html
louis-t
(24,643 posts)I remember Hannity saying "Take that money and spend, spend, spend." To make bush look good. I paid of part of a credit card with the money.
BurnDoubt
(1,836 posts)Is there anybody here who knows how to track and ID who's benefitting from this obvious and purposeful manipulation and transfer of wealth? And... "Pay no attention to the Man Behind The Curtain". This might be Quid Pro Quo?????????
LetMyPeopleVote
(181,210 posts)Link to tweet
https://www.borowitzreport.com/p/trump-commands-americans-not-to-check
Anyone caught checking their 409s (sic) can and will be deported, he warned.
Asserting that he was issuing this order for your own good, Trump added, "Elon says there's a virus in the stock market and if you check your stocks it will spread to your body."
Though he claimed that nothing bad is happening on Wall Street, he promised the American people that, in the event of a stock market crash, I will fix it with my Sharpie.