I’ve long known that Trump hasn’t a clue about federal (or any, for that matter) law, but surely some general or admiral must have at least a passing acquaintance with the Posse Comitatus Act.
Oh, I also like how he calls ICE “Ice”.
Good Lord. When will this embarrassment of a presidency end?
I suspect today’s the day when some angry members of the GOP pick up the phone and drop some choice language on the other end of the phone line. Trump will then probably pick up the phone and ask his henchmen to call China and work out a deal. In reality, Trump will capitulate, but China, not wanting to go to the mat either, will allow Trump to save some face and let him call a minor breakthrough a “victory” for the Trump administration.
But the real damage is being done every day, as more countries and investors realize that this is not the same old “safe haven” for global investment it has always been. Even if Trump backs out now he’s already done damage to our economy.
Same here. That said, about two months ago I rebalanced my portfolio so instead of being 80:20 stocks:bonds, I’m now 60:40. I’m 42, so I was a little more in stocks than I perhaps should have been given my age, but I hit a hot streak, so time to pull back a little, anyway, just in case, but still stay in the game. Timing the market goes against every instinct in me, but this is one time that I just want to cash in at least some of my chips. Anybody who got out of the market right when he was elected missed out on a lot of gains. It wasn’t year 1 I was worried about, anyway. I figured Trump’s economy wouldn’t really be felt until at least year 2 of his administration.
It is very, very wise to avoid ‘Timing the Market’. In 2008-2009 when a bunch of us lost our jobs, a couple of friends went all cash - at the bottom - mistake #1. Then they waited too long to get back in and missed the uptick - mistake #2.
I stayed in at 90:10 for five years then at 65 went 70:30. I doubled my retirement savings - while being retired. At 60:40 now and holding firm again.
That’s a pretty ballsy allocation at that age. I did the same thing, with the same allocations, but I had plenty of time to make it up (i was 33 in 2018) in case shit continued to hit the fan. I’m positively conservative at 60:40 now compared to you!
Of course, my parents panicked and sold at lows. I tried to warn them, or at least tried to tell them not to dump everything into bonds, but they didn’t listen. They could have caught up and then some if they stayed put (retirement is this year.) That’s part of my reason for allocating to something much more conservative now. It’s a high market, there’s no panic yet that I see, but I’m comfortable cashing in some of my chips now. Of course, I wanted to reallocate about 3 or 4 years ago, thinking the market was overvalued then, and I’m glad I didn’t. I just feel I’ve been pushing my luck too far.
Anyhow, sorry for the sidetrack. This isn’t an investment thread. Back to Trump bashing.
I knew nothing about Bezos’ wife, so I googled her. I found it interesting that MacKenzie Bezos formed an anti-bullying organization back in 2014, and Bystander Revolution seems to be actually doing shit to help with the issue.
But maybe I’m just not aware – what exactly has Melania done in her “official First Lady quest” to stop cyberbullying?
The story your link goes to suggests that “outspoken” may be a bit of an overstatement. He’s not exactly going out of his way to signal that he’s a critic of the America-hating fuckstick.
You’re absolutely right about the likelihood of clips being used out of context. However, in this case it’s Shulkin who IS claiming he was fired (so he wouldn’t object if someone excerpted a bit from his remarks that said ‘I was fired.’)
BUT, as I mentioned, he carefully avoided saying “I was fired” during all those talk show appearances. And why would he do that? It’s not to prevent people from making clips showing him saying ‘I was fired,’ since that is actually his position!