Impeachment and stock market

[Ajan Bosnjacki + 27]

President Donald Trump said the stock market would plummet if he were to be removed from office. "If I ever got impeached, I think the market would crash. I think everybody would be very poor," the president said in a Fox News interview that aired Thursday. The stock market has had little reaction so far to Trump's renewed legal troubles this week with two former advisors now guilty of criminal acts and one implicating him directly. 

[Stephen + 67]

Trump will not sit still for Impeachment. Also, with Pence in the White House, America's turn to the right will move even more quickly.

[JohnAtronis + 78]

13 minutes ago, Ajan Bosnjacki said:

President Donald Trump said the stock market would plummet if he were to be removed from office. "If I ever got impeached, I think the market would crash. I think everybody would be very poor," the president said in a Fox News interview that aired Thursday. The stock market has had little reaction so far to Trump's renewed legal troubles this week with two former advisors now guilty of criminal acts and one implicating him directly. 

While the Democrats' media started speculating on the government toppling, people in the real world went about their business, oblivious to the drama taking place in newsrooms across the land.

[李伟王芳 + 77]

5 minutes ago, Stephen said:

Trump will not sit still for Impeachment. Also, with Pence in the White House, America's turn to the right will move even more quickly.

Pence is creepy for sure but I doubt he is a traitor or porn star fan

[Joanna + 68]

17 minutes ago, Ajan Bosnjacki said:

President Donald Trump said the stock market would plummet if he were to be removed from office. "If I ever got impeached, I think the market would crash. I think everybody would be very poor," the president said in a Fox News interview that aired Thursday. The stock market has had little reaction so far to Trump's renewed legal troubles this week with two former advisors now guilty of criminal acts and one implicating him directly. 

I don't see it impacting the markets much. Emerging markets may actually go up since Trump would not be able to push his trade wars.

[Sefko Trafikant + 35]

20 minutes ago, Ajan Bosnjacki said:

President Donald Trump said the stock market would plummet if he were to be removed from office. "If I ever got impeached, I think the market would crash. I think everybody would be very poor," the president said in a Fox News interview that aired Thursday. The stock market has had little reaction so far to Trump's renewed legal troubles this week with two former advisors now guilty of criminal acts and one implicating him directly. 

Trump talks a lot about impeachment, more than Democrats. It is riling up his uninformed base.

[Cokiga Damke + 53]

21 minutes ago, Ajan Bosnjacki said:

President Donald Trump said the stock market would plummet if he were to be removed from office. "If I ever got impeached, I think the market would crash. I think everybody would be very poor," the president said in a Fox News interview that aired Thursday. The stock market has had little reaction so far to Trump's renewed legal troubles this week with two former advisors now guilty of criminal acts and one implicating him directly. 

It is expected that there would be an initial reaction which would be down for the market. However when it is all done the market would probably be higher based on a more stable government. I am taking my chances

[Hajga Loma DK + 47]

12 minutes ago, Stephen said:

Trump will not sit still for Impeachment. Also, with Pence in the White House, America's turn to the right will move even more quickly.

Pence would just govern as a typical Republican, probably do the same policy stuff that Trump does. The only difference is he'd be more stable, he wouldn't be insulting everyone and we wouldn't be subject to midnight Twitter tantrums  

[Joanna + 68]

26 minutes ago, Ajan Bosnjacki said:

President Donald Trump said the stock market would plummet if he were to be removed from office. "If I ever got impeached, I think the market would crash. I think everybody would be very poor," the president said in a Fox News interview that aired Thursday. The stock market has had little reaction so far to Trump's renewed legal troubles this week with two former advisors now guilty of criminal acts and one implicating him directly. 

Have you ever wondered how Melania handles all the "other woman" news. 

[JohnAtronis + 78]

1 minute ago, Joanna said:

Have you ever wondered how Melania handles all the "other woman" news. 

Democrats gave Bill Clinton a pass on all of his shenanigans. Also, Bill had to pay Paula Jones 850k for his affair, Trump only paid 130K.

[Sefko Trafikant + 35]

30 minutes ago, Ajan Bosnjacki said:

President Donald Trump said the stock market would plummet if he were to be removed from office. "If I ever got impeached, I think the market would crash. I think everybody would be very poor," the president said in a Fox News interview that aired Thursday. The stock market has had little reaction so far to Trump's renewed legal troubles this week with two former advisors now guilty of criminal acts and one implicating him directly. 

anticipating the possibility, the stock market probably tanks heavily in coming weeks and months before November.

[李伟王芳 + 77]

2 minutes ago, JohnAtronis said:

Democrats gave Bill Clinton a pass on all of his shenanigans. Also, Bill had to pay Paula Jones 850k for his affair, Trump only paid 130K.

much better negotiator for sure

[John Sherwood + 1]

Trump is quick to resort to hyperbole.  I doubt his impeachment would register on the Richter scale anywhere near 9/11. Somehow, after the initial impact, the market survived. 

[Top Oil Trader + 469]

The stock market will tank anyways, maybe he knows he is getting impeached.

[Jan van Eck + 7,558]

3 hours ago, 李伟王芳 said:

Pence is creepy for sure but I doubt he is a traitor or porn star fan

He is far worse.  He is an ideologue.  Say what you want about Trump, and castigate his bad behavior, but at least Trump is "transactional," he will do a deal with anybody as long as he and the USA profits from it.  Pence, no chance.  Ideology, specifically a narrow, ultra-right-wing ideology, always comes first. 

At one point when Pence was out there in Indiana I was thinking of putting up a manufacturing plant out there, and contacted his office.  The plant needed a rail siding connection to a mainline.  His staff was arrogant and insolent toward me, and told me to go build my own.  "Pence doesn't do earmarks, so forget it" was the response.  OK, so no plant. Now to put that in perspective, I was thinking of doing the manufacturing in a former auto-parts plant in a town where the central core (the folks living around the plant) were unemployed blacks.  Those were the workers that used to make the auto parts, but remember that these are trained industrial workers, they can hit the job running in any manufacturing.  Pence spurned the idea, and I am left  with the distinct impression is was because it was in this impoverished city that voted Democratic.  A rather unsettling prospect, to be sure.

Watch out for Pence.  Ideologues, whether "renewable energy Progressive" fanatics or right-wing ranters, are dangerous people.

[TXPower + 643]

2 minutes ago, Jan van Eck said:

He is far worse.  He is an ideologue.  Say what you want about Trump, and castigate his bad behavior, but at least Trump is "transactional," he will do a deal with anybody as long as he and the USA profits from it.  Pence, no chance.  Ideology, specifically a narrow, ultra-right-wing ideology, always comes first. 

At one point when Pence was out there in Indiana I was thinking of putting up a manufacturing plant out there, and contacted his office.  The plant needed a rail siding connection to a mainline.  His staff was arrogant and insolent toward me, and told me to go build my own.  "Pence doesn't do earmarks, so forget it" was the response.  OK, so no plant. Now to put that in perspective, I was thinking of doing the manufacturing in a former auto-parts plant in a town where the central core (the folks living around the plant) were unemployed blacks.  Those were the workers that used to make the auto parts, but remember that these are trained industrial workers, they can hit the job running in any manufacturing.  Pence spurned the idea, and I am left  with the distinct impression is was because it was in this impoverished city that voted Democratic.  A rather unsettling prospect, to be sure.

Watch out for Pence.  Ideologues, whether "renewable energy Progressive" fanatics or right-wing ranters, are dangerous people.

Truth be told we are all ideologues to some degree, at least in our most closely held beliefs.  Pence has strong beliefs no doubt, but.....  https://www.lifesitenews.com/news/indiana-gov.-pence-backtracks-on-religious-freedom-bill-as-backlash-co

[Dan Warnick + 6,100]

44 minutes ago, Jan van Eck said:

Watch out for Pence.  Ideologues, whether "renewable energy Progressive" fanatics or right-wing ranters, are dangerous people.

I would add:  Do Not Forget how the Republicans acted before Trump won the election.  Not before Trump started running for president, because they misbehaved right up until the election and to a slightly lesser degree in the few months after, but up to the day he won.  Now they are absolutely terrified of standing up to him with their petty BS.  Some have learned how to use him to their advantage, some have not.  The Republican party by and large are a bunch of nasty, lazy, self-centered, immature, ideologues as well.  They have now gone into virtual hibernation and are letting Trump run his own show.  My point is, not only would Pence revert to the above previous behavior but I believe just about any and all positive economic moves that Trump has been bulldozing onto the U.S. and the world would most likely come to a halt.  A dangerous half finished no-man's land; worse than finished and worse than when Trump started it all.  Pence and the old Republican guard scare me at least as much or more than the Dems.

Jan's going to bash me for this, but I wanted to share a different perspective to what the federal prosecutor that is supposedly investigating Trump about "collusion" with the Russians has actually accomplished, or not accomplished.  See this Fox News clip of attorney Mark Levin going over Cohen's plea deal and other investigation results.

I say, let The Donald keep on going and let's see how this shakes out.  A very short time ago he was elected largely because a great many people said "What have we got to lose?  Anything is better than what we have now."  There was a serious reason for that sentiment then, and there still is.  Just my humble opinion.

Edited August 23, 2018 by Dan Warnick

[Jan van Eck + 7,558]

1 minute ago, Dan Warnick said:

 

Jan's going to bash me for this, but   Nah, I don't do that - much!

I say, let The Donald keep on going and let's see how this shakes out.  A very short time ago he was elected largely because a great many people said "What have we got to lose?  Anything is better than what we have now."  There was a serious reason for that sentiment then, and there still is.  Just my humble opinion.

Dan, I would agree.  Donald Trump is pushing the USA into a direction that is anathema to the established Democrats, and apparently to quite a few Republicans.  Is "anything" better than what we have now?   That sentiment would be true if, and only if, part of the "anything" includes firing somewhere between half and two-thirds of that gigantic  Federal bureaucracy that hangs out in a 100-mile radius of Washington.  All those useless, worthless bureaucrats that spend vast amounts of taxpayer dollars going to "meetings" and writing up worthless "Memos" and getting in the hair of the hard-working public.  And I would start with the "Homeland Security" department, those useless and worthless mandarins that spend their time looking at intercepted "sexting" photos of youngsters sending each other pictures of their genitalia.  Stupid kids.  I mean, honestly, don't adults have anything better to do with their work days?  Fire them all.  Out the door, you stand there at the exit, "Thank you very much, your services are no longer needed, good-bye, go get a serious job."  Best message Trump could ever send the deep state.  Will he?  We can only hope. 

[Dan Warnick + 6,100]

3 hours ago, 李伟王芳 said:

Pence is creepy for sure but I doubt he is a traitor or porn star fan

You do realize you are saying that you believe the president of the United States should receive the death sentence, right?  Because that is the penalty for treason.  Trump has not even been called upon to defend himself in a court of law.  The perspective you are espousing is that of a prosecuting attorney, not a judge and not a jury.  No facts have been presented by either side in a court of law.  I for one would like to have more than that before I sentence the president of the United States to death.  One other thing: I believe porn stars are rather popular across the internet spectrum and most men are still able to go to work in the daytime and function.  The payoff to Stormy boom boom Daniels was made prior to the election and there has been no proof presented in a court of law that campaign funds were used or that the payoff was done to influence the election, other than a man realizing he'd better put the issue to bed (pardon the pun).  At the end of the day, Donald Trump is a man, and as has been proven EVERYWHERE, men get caught up in women's, uh, affairs.  This one was at least consensual: money for sex.  If anyone wants to say "yeah, but he lied about it, man", I don't care.  Is he the first leader that has lied to you?  About an extra-marital affair?

[Jan van Eck + 7,558]

43 minutes ago, Dan Warnick said:

You do realize you are saying that you believe the president of the United States should receive the death sentence, right?  Because that is the penalty for treason.  Trump has not even been called upon to defend himself in a court of law.  The perspective you are espousing is that of a prosecuting attorney, not a judge and not a jury.  No facts have been presented by either side in a court of law.  I for one would like to have more than that before I sentence the president of the United States to death.  One other thing: I believe porn stars are rather popular across the internet spectrum and most men are still able to go to work in the daytime and function.  The payoff to Stormy boom boom Daniels was made prior to the election and there has been no proof presented in a court of law that campaign funds were used or that the payoff was done to influence the election, other than a man realizing he'd better put the issue to bed (pardon the pun).  At the end of the day, Donald Trump is a man, and as has been proven EVERYWHERE, men get caught up in women's, uh, affairs.  This one was at least consensual: money for sex.  If anyone wants to say "yeah, but he lied about it, man", I don't care.  Is he the first leader that has lied to you?  About an extra-marital affair?

Just to parse out what Dan (above) has said, I would add the following comments.  I start from the perspective that Trump is incompetent, but then again, so were a ton of other American Presidents.  Competence remains elusive, and not much found amongst politicians. 

First, the idea the Trump has committed "treason" is silly.  He has done a lot of things that unsettle the politicians and the public, but "treason" is not even remotely close on the radar.  So let's get past that.  Now, second, the penalty for "treason" is not death. That is merely one possible (in theory) penalty.  We don't do that in America.  "Death" is a common penalty in China, where in criminal cases there is a 100% conviction rate and there is no appeal, you get bundled into a stake truck immediately after sentencing along with the rest of the day's miscreants, driven out of town, unloaded, lined up, and shot with a pistol through the back of the head.  Then the State bureaucrats sell your corpse to mercenaries who cut you open and harvest and sell your internal organs.  We don't do any of that in the USA. 

The last persons to be killed for "treason" in America (not counting the Rosenbergs who were accused of selling atomic-bomb plans to the Russians)  were the underground "resistance fighters" in the Revolution, guys like Patrick Henry, who was hung by the British.  That was 200 years ago and the British were big on death.  Easily 2/3 of Revolutionist casualties were non-combat, people killed by the British occupiers.  Politicians don't even get arrested, much less hung, they didn't even do that with Napoleon, for goodness sake.  So let's get past the death ideas. 

Further, that payoff to Stormy Daniels was not "sex for money."  Those two bedded each other in order to use each other.  The money payment came many years later.  He drilled her for his sexual pleasure, and she drilled him to get a slot on his reality-TV show.  They were using each other.  Tacky?  Sure.  Crime?  No chance.  And, that cash was emphatically NOT from campaign funds.  Carping about doing mutual drilling is just so childish, so ridiculous.  That goes on all around the planet, so forget about it. 

The real issue is that Trump is upsetting the elitist apple cart.  He is forcing players out of the steel and aluminum markets, he is hitting the Canadians on their lumber exports  (and rejuvenating US lumber manufacture instead), he is whacking newsprint dumping out of Nova Scotia (and supporting newsprint plants in Wisconsin) and he is attacking protected markets in milk and cheese where Americans have been shut out.  Now that is seriously upsetting apple carts.  How will it all play out?  I dunno.  If the Congress gets out of the way, and if - big if -the White House cleans up its act (unlikely) and gets serious people (like me) into the Cabinet to run the Administration, you will see dramatic changes in the US landscape.  Will it improve?  Only if I am in that Cabinet!  [Full disclosure:  I was invited to apply to another Cabinet in another Administration, ended up turning that down, probably should not have turned it down. Would have been interesting.]

Edited August 23, 2018 by Jan van Eck

[Dan Warnick + 6,100]

Thanks, Jan.  👍

[Jan van Eck + 7,558]

1 minute ago, Dan Warnick said:

Thanks, Jan.  👍

And you're welcome!

We are in for interesting times, that's for sure.  I shall be developing a post on Turkey later on tonight. 

[Top Oil Trader + 469]

Positive he wont get impeached. Positive hell get reelected.

[Epic + 390]

I think what Dan was 

 

2 hours ago, Dan Warnick said:

6 hours ago, 李伟王芳 said:

Pence is creepy for sure but I doubt he is a traitor or porn star fan

You do realize you are saying that you believe the president of the United States should receive the death sentence, right? 

I think the point Dan was trying to make was that Jan's reference to "porn star fan" is a clear reference to the POTUS, and then he associated that understanding of the POTUS to the word "traitor."  Moreover, the point Dan seemed to be suggesting was that if the POTUS, of all people, was really and truly a traitor, then the death penalty would be the only seemingly reasonable penalty for someone of that rank.  So I have to agree with Dan on this one.  

On the other hand, I believe Jan was just exaggerating to make a point.  Jan doesn't actually believe the POTUS is a traitor, and he clarified as much in a subsequent post.  I also don't blame Jan at all for exaggerating.  I do it all of the time.  Sometimes it is the only way to wake people up from their slumber.

2 hours ago, Jan van Eck said:

The last persons to be killed for "treason" in America (not counting the Rosenbergs who were accused of selling atomic-bomb plans to the Russians)  were the underground "resistance fighters" in the Revolution, guys like Patrick Henry, who was hung by the British.  That was 200 years ago

^On the other hand, I don't think this is true at all.  John Brown and Aaron Stevens were executed for treason in 1859 and 1860.  Tomoya Kawakita was convicted of treason and punished with death in 1952, but he got lucky and had is punishment reduced by Kennedy.  William Mumford was hanged in 1862 for treason for taking down a US flag.  Nowadays no one seems to care much if people burn the flag, let alone take one down, so that is one reason why we see so fewer treason deaths in recent years.  Another reason probably has to do with the fact that people who commit treason worthy of punishment by death actually end up being much more useful to the CIA as double agents, so they make a deal that no one hears about.  

2 hours ago, Jan van Eck said:

"Death" is a common penalty in China, where in criminal cases there is a 100% conviction rate and there is no appeal, you get bundled into a stake truck immediately after sentencing along with the rest of the day's miscreants, driven out of town, unloaded, lined up, and shot with a pistol through the back of the head.  Then the State bureaucrats sell your corpse to mercenaries who cut you open and harvest and sell your internal organs.  We don't do any of that in the USA.

^I really think Jan might really be on to something here.  After all, there are a lot of really good people in the US who are desperately in need of an organ transplant, and there are a lot of really good organs being wasted on murderers and child rapists.  Moral issues aside, and judging from a purely financial perspective, I see no losers in a system that rewards good people with longer life and bad people with shorter life, especially if the sale of those organs would go toward social programs to reduce crime and compensate its victims, while simultaneously reducing the tax-payer expense of operating prisons at more than maximum capacity.  

[Tomasz + 1,608]

Trump advised by Kissinger wants to make a deal of century with Russia against China. Its not a treason but rather a good strategy in long-term perspective because its China not Russia thats existential threat to US hegemony. And thats terrible stupid when we have full-scall antirussian histeria in US when Russia is rather not a superpower but strong regional power and MSM are rather silent about China activity = maybe not very loud but very effecitive in long=term rivarly with US. That was Kissinger who made deal with China but 40 years later his is still alive and he wants to change unexpected results of trade deal with China.

In USA average wage adjusted to inflation is at the same level like 40 years ago- some sources even say that in 1979 it was 18 k $ and now only 15 k $. Nowadays according to recent study CEOs in US earn 312 times more than average workers.

Thats the real reason why Trump was elected not malicious activity of any country. 

Edited August 23, 2018 by Tomasz