[News] Post a Political News Story

Ongoing discussion of the political news of the day. This thread is for 'smaller' stories that don't call for their own thread. If a story blows up, please start a new thread for it.

farley3k wrote:

Stocks really are just how rich people are feeling.

Dow notches best quarter since 1987, a rebound helped by low interest rates and government stimulus amid COVID-19

There is nothing when I look at the state of the union that would make me feel optimistic about stocks. Business are doing bad, unemployment is staggering, the virus is out of control. What are the rich happy about?

Yeah it's been interesting to say the least. Certain individual companies that I follow have had a wild ride.

Mr GT Chris wrote:
farley3k wrote:

Stocks really are just how rich people are feeling.

Dow notches best quarter since 1987, a rebound helped by low interest rates and government stimulus amid COVID-19

There is nothing when I look at the state of the union that would make me feel optimistic about stocks. Business are doing bad, unemployment is staggering, the virus is out of control. What are the rich happy about?

Yeah it's been interesting to say the least. Certain individual companies that I follow have had a wild ride.

The rich are happy because they can finally fire and not rehire pesky, expensive employees.

One example. A business oriented travel company. I was in at $9, up to $11, Covid hits, I was out at $8. It went down to $2, looking at bankruptcy, saved by a capital raising. Now back up to $3, but due to increase of number of shares issued, that’s equivalent of $6. In addition, I think the outlook on Covid and international travel in general is worse than when it was $2. That pattern is what I’ve seen across a lot of medium sized companies. Technical traders are loving it (I’m not one) but the rest of us are scratching our heads.

I get that no one (of the one percenters) wants to pay their fund manager to park their assets in cash but you’d think something has to give. Of course, if Trump pulls out a win then maybe the bubble will continue a while longer (and be all the worse when it bursts).

Trump-backed five-term Republican lawmaker loses primary to far-right challenger

A five-term Republican congressman endorsed by President Donald Trump conceded his primary reelection bid in Colorado's 3rd Congressional District on Tuesday evening, a stunning upset that will vault his far-right challenger, Lauren Boebert, into the state's general election.

A staunch Second Amendment advocate, Boebert owns a local restaurant, Shooters Grill, made famous for encouraging its staff to open carry. She recently defied public health orders to reopen the restaurant during the coronavirus pandemic. Boebert also made headlines last year for confronting former Democratic presidential candidate Beto O'Rourke over his call for for a mandatory gun-buyback program of assault-style rifles.

"Everything I heard of Q[Anon] -- I hope that this is real because it only means America is getting stronger and better, and people are returning to conservative values, and that's what I am for," she said.

I hope this isn't a start of a trend that we need to worry about. I hope she gets curb stomped in the election by the Democrat Mitsch Bush.

Nevin73 wrote:

Trump-backed five-term Republican lawmaker loses primary to far-right challenger

A five-term Republican congressman endorsed by President Donald Trump conceded his primary reelection bid in Colorado's 3rd Congressional District on Tuesday evening, a stunning upset that will vault his far-right challenger, Lauren Boebert, into the state's general election.

A staunch Second Amendment advocate, Boebert owns a local restaurant, Shooters Grill, made famous for encouraging its staff to open carry. She recently defied public health orders to reopen the restaurant during the coronavirus pandemic. Boebert also made headlines last year for confronting former Democratic presidential candidate Beto O'Rourke over his call for for a mandatory gun-buyback program of assault-style rifles.

"Everything I heard of Q[Anon] -- I hope that this is real because it only means America is getting stronger and better, and people are returning to conservative values, and that's what I am for," she said.

I hope this isn't a start of a trend that we need to worry about. I hope she gets curb stomped in the election by the Democrat Mitsch Bush.

My take on this is that Trump supporters in this area just aren't happy with the current level of insanity, instability, and ineptitude. So they're going to pick someone even more inept and inexperienced. Because clearly, the past years with Trump and his minions in place have been great!

Nevin73 wrote:

Trump-backed five-term Republican lawmaker loses primary to far-right challenger

A five-term Republican congressman endorsed by President Donald Trump conceded his primary reelection bid in Colorado's 3rd Congressional District on Tuesday evening, a stunning upset that will vault his far-right challenger, Lauren Boebert, into the state's general election.

A staunch Second Amendment advocate, Boebert owns a local restaurant, Shooters Grill, made famous for encouraging its staff to open carry. She recently defied public health orders to reopen the restaurant during the coronavirus pandemic. Boebert also made headlines last year for confronting former Democratic presidential candidate Beto O'Rourke over his call for for a mandatory gun-buyback program of assault-style rifles.

"Everything I heard of Q[Anon] -- I hope that this is real because it only means America is getting stronger and better, and people are returning to conservative values, and that's what I am for," she said.

I hope this isn't a start of a trend that we need to worry about. I hope she gets curb stomped in the election by the Democrat Mitsch Bush.

Is 51 Republican Congressional candidates spouting Q nonsense a trend or a symptom of a serious underlying mental illness that only seems to afflict conservative people?

Politico wrote:

According to Media Matters, a progressive watchdog group that monitors conservative media, there are 51 candidates running for Congress who have promoted the messages of “Q” — a mysterious internet figure who drops digital “crumbs” about a secret war Trump is waging against a cabal of pedophile political elites in Washington. And on Tuesday, seven of them emerged in congressional Republican primaries. One of them, Marjorie Taylor Greene of Georgia, is favored to eventually end up in Congress.

Possibly belongs in the internet was a mistake thread.

GOP arguing against facts, science, and reality in general leads to this though. Crazy conspiracies fill the void.

I honestly have no idea how many of those 51 are true believers versus opportunistic grifters.

Not that that's a good situation, just a reflection on the twin tentpoles of the modern GOP - gullible idiots and those that prey on them.

Anybody else read Fall; or, Dodge in Hell? I don't necessarily recommend it, but there's a middle third or so that takes a road trip through a prophetic extrapolation of the conservative shared hallucination: Ribbons of commerce between islands of urban civilization, on a sea of lawless, incomprehensible meme vectors. It was more amusing a year ago.

First half was great. 2nd half was not. Probably my least favorite Stephenson.

Jonman wrote:

I honestly have no idea how many of those 51 are true believers versus opportunistic grifters.

Not that that's a good situation, just a reflection on the twin tentpoles of the modern GOP - gullible idiots and those that prey on them.

For several years now I've been saying of certain members of congress "You must either think I'm stupid, or you're stupid"

Clumber wrote:
Jonman wrote:

I honestly have no idea how many of those 51 are true believers versus opportunistic grifters.

Not that that's a good situation, just a reflection on the twin tentpoles of the modern GOP - gullible idiots and those that prey on them.

For several years now I've been saying of certain members of congress "You must either think I'm stupid, or you're stupid"

I've had the exact same response cued up for when/if someone knocks on my door to canvas my vote for a Republican.

Jonman wrote:

I honestly have no idea how many of those 51 are true believers versus opportunistic grifters.

Well, if a genuine Q believer gets elected we’ll probably get to watch them being dragged off the floor of Congress by security after screaming for an hour about how the Democrats are helping Bill Gates smuggle children to the US’s secret city on Mars to harvest their adrenochrome for the Reptilian aliens. That’s something to look forward to.

ruhk wrote:
Jonman wrote:

I honestly have no idea how many of those 51 are true believers versus opportunistic grifters.

after screaming for an hour about how the Democrats are helping Bill Gates smuggle children to the US’s secret city on Mars to harvest their adrenochrome for the Reptilian aliens. That’s something to look forward to.

Sounds like Rand Paul’s future platform...

Those are actually all parts of QAnon, now. Not all of the Q people believe every aspect of it but it’s essentially become a catch-all for every weird conspiracy theory of the last 200 years.

JC wrote:
ruhk wrote:
Jonman wrote:

I honestly have no idea how many of those 51 are true believers versus opportunistic grifters.

after screaming for an hour about how the Democrats are helping Bill Gates smuggle children to the US’s secret city on Mars to harvest their adrenochrome for the Reptilian aliens. That’s something to look forward to.

Sounds like Rand Paul’s future platform...

And Matt Gaetz' current platform.

Jonman wrote:

I honestly have no idea how many of those 51 are true believers versus opportunistic grifters.

Not that that's a good situation, just a reflection on the twin tentpoles of the modern GOP - gullible idiots and those that prey on them.

I occasionally find myself wondering about this until I realize that it's a waste of time to do so, because whether they are liars or true believers, the impact is the same.

Prederick wrote:
Jonman wrote:

I honestly have no idea how many of those 51 are true believers versus opportunistic grifters.

Not that that's a good situation, just a reflection on the twin tentpoles of the modern GOP - gullible idiots and those that prey on them.

I occasionally find myself wondering about this until I realize that it's a waste of time to do so, because whether they are liars or true believers, the impact is the same.

I think the grifters are probably far less likely to physically assault their fellow congresspeople for refusing to fess up to being demonic child murderers.

NBC: Jeffrey Epstein Confidante Ghislaine Maxwell Arrested on Sex Abuse Charges
Prosecutors allege Maxwell helped Epstein traffic and abuse underage girls; he died by suicide awaiting trial last year

Ghislaine Maxwell, the British socialite and heiress who became a confidante of disgraced financier Jeffrey Epstein and was later implicated in his alleged sexual crimes, has been arrested by the FBI, two senior law enforcement sources tell News 4 New York.

She was arrested in Bedford, New Hampshire around 8:30 a.m. on charges she conspired with Epstein to sexually abuse minors, and is expected to appear in a federal court later today, the sources say.

Is this what Barr was trying to shut down last week?

Ghislaine Maxwell didn't kill herself

I'd be surprised if she doesn't "kill herself" shortly.

Killary strikes again!!!

farley3k wrote:

Stocks really are just how rich people are feeling.

Dow notches best quarter since 1987, a rebound helped by low interest rates and government stimulus amid COVID-19

There is nothing when I look at the state of the union that would make me feel optimistic about stocks. Business are doing bad, unemployment is staggering, the virus is out of control. What are the rich happy about?

As I understand it, and I haven't spent much time investigating, the Federal Reserve is buying assets and stocks like crazy to prop up prices.

Is that the invisible hand I keep hearing about?

Buying company bonds so far. Not stocks yet. But they could do that too. Apparently Japan's fed bank has done so before to prop up their market. Hopefully they don't because that will only make the inevitable crash worse. But to prop up Trump as if the economy is good for the election they might.

Money printer goes brrrrrrrr.

In Australia, listed companies must announce any changes to the majority shareholders (who they are, what percentage). Not sure about the US.

I can't believe they're doing this whole 4th thing at Rushmore.

'Complete disaster': Trump's fraught ties with Native Americans on display at Mount Rushmore

I'm a little annoyed with the reporting there with this statement: "built in the Black Hills on land taken from the Lakota tribe to honor several presidents they say were hostile to Indigenous people."

They say? Good grief. Isn't that a factually true statement?

Putting in 'they say' means the reporter doesn't have to fact check.

I don't know offhand myself, and it would take me probably fifteen or twenty minutes to look up all four Presidents and their various records with the tribes. (hell, without looking it up, I'm not even sure who's on Mount Rushmore, so I'd have to start there.) Sorting all that out would take some work, and I imagine the reporter is probably in about the same boat.

"They say", on the other hand, takes about five seconds.