01-16-2018, 07:16 PM
The Dow Jones Average crossed the 25,000 mark for the first time ever on Jan. 4, 2018. A near invisible 7 trading days later it crossed 26,000. Nobody has ever heard of anything like this.
As the President promised, things are much better since election night as overall at this point, the stock market gains are bouncing off the 8 Trillion dollar mark. The stock market's meteoric rise of the past 12 days is due to the passing of the tax package. MOST economists now admit they were wrong about the 'new normal' drudgeries that characterized an O-Blame-a economy, which was notable for faltering under a suffocating avalanche of regulatory overburden.
Back in December, I mentioned on the forum the fact that America's senior population should be dancing in the streets. If not for Donald J Trump's financial prowess and literacy, they may well have been facing very rough times in the near future. With life savings wiped out by the economic reversal of 2007, homes already refied to the hilt, and of the million homes which have been reverse mortgaged, 10% being delinquent, there is just nowhere else for them to turn. The financial well being of today's seniors is at best a financial house of cards, and the big bad wolf had his foot in the door. Added to that is the fact that MOST pension funds are in critical status. And the unfunded liabilities associated with MOST state governments were an ever tightening noose around the necks of the taxpayer; A subject that is not discussed much BTW.
The surge in the market in my view, thanks to DJT, has for the time being delivered America's aged from living out their final years as wards of a society which had all but turned it's back on them already. Not a very bright prospect to be sure, and the specter of ObamaCare still threatens our land. Enter one DJT. Teetering pension funds have been resuscitated, and anemic 401K's are healthy once again. America had literally come to the end of the road. But the voter awakened and Americans went a different route. But though the demise of the senior class was most imminent, other quarters of America were under just as big a threat. The military could barely protect us in relative peacetime, much less war. The police were hamstrung and being assassinated, all of which to hear certain among the CBC talk, was deserved owing to sins of the past. US sovereignty itself was nearly 'illegally immigrated' into extinction. And even today Democrats are using the coming budget deadline, doggedly trying to finish the job Obama started by holding real Americans hostage to the concerns of border crashing interlopers whose only intention is to possess what they know we have.
The President is trying to combat all the traitorous idiocy for the most part on his own. And he has done remarkably well FTR. As mentioned, we still have to deal with ObamaCare, military upgrades, and the Elizabeth Warren/Bernie Sanders wing of the Democratic Party is still trying to bring down the banking industry, which is the backbone of American finance. God help us to use the midterms of 2018 to strengthen this newly elected government of the people. Not to weaken or even eliminate it. And let's not forget, the oppositionist Democrats are STILL holding up Trump Administration appointees to man the various agencies. Government should be better than this and the voter still (despite the lies and demagoguing) holds the power.
As the President promised, things are much better since election night as overall at this point, the stock market gains are bouncing off the 8 Trillion dollar mark. The stock market's meteoric rise of the past 12 days is due to the passing of the tax package. MOST economists now admit they were wrong about the 'new normal' drudgeries that characterized an O-Blame-a economy, which was notable for faltering under a suffocating avalanche of regulatory overburden.
Back in December, I mentioned on the forum the fact that America's senior population should be dancing in the streets. If not for Donald J Trump's financial prowess and literacy, they may well have been facing very rough times in the near future. With life savings wiped out by the economic reversal of 2007, homes already refied to the hilt, and of the million homes which have been reverse mortgaged, 10% being delinquent, there is just nowhere else for them to turn. The financial well being of today's seniors is at best a financial house of cards, and the big bad wolf had his foot in the door. Added to that is the fact that MOST pension funds are in critical status. And the unfunded liabilities associated with MOST state governments were an ever tightening noose around the necks of the taxpayer; A subject that is not discussed much BTW.
The surge in the market in my view, thanks to DJT, has for the time being delivered America's aged from living out their final years as wards of a society which had all but turned it's back on them already. Not a very bright prospect to be sure, and the specter of ObamaCare still threatens our land. Enter one DJT. Teetering pension funds have been resuscitated, and anemic 401K's are healthy once again. America had literally come to the end of the road. But the voter awakened and Americans went a different route. But though the demise of the senior class was most imminent, other quarters of America were under just as big a threat. The military could barely protect us in relative peacetime, much less war. The police were hamstrung and being assassinated, all of which to hear certain among the CBC talk, was deserved owing to sins of the past. US sovereignty itself was nearly 'illegally immigrated' into extinction. And even today Democrats are using the coming budget deadline, doggedly trying to finish the job Obama started by holding real Americans hostage to the concerns of border crashing interlopers whose only intention is to possess what they know we have.
The President is trying to combat all the traitorous idiocy for the most part on his own. And he has done remarkably well FTR. As mentioned, we still have to deal with ObamaCare, military upgrades, and the Elizabeth Warren/Bernie Sanders wing of the Democratic Party is still trying to bring down the banking industry, which is the backbone of American finance. God help us to use the midterms of 2018 to strengthen this newly elected government of the people. Not to weaken or even eliminate it. And let's not forget, the oppositionist Democrats are STILL holding up Trump Administration appointees to man the various agencies. Government should be better than this and the voter still (despite the lies and demagoguing) holds the power.