Dow Falls as Biden Reportedly Mulls Tax Hike on Rich

[chairb]

Dow Falls as Biden Reportedly Mulls Tax Hike on Rich

https://finance.yahoo.com/news/dow-falls...55568.html

[pbrower2a]

(10-17-2021, 01:05 AM)chairb Wrote: Dow Falls as Biden Reportedly Mulls Tax Hike on Rich

https://finance.yahoo.com/news/dow-falls...55568.html

The stock market is not the economy. It can be going to wild heights as the economic activity dances on a volcano about to erupt. More often it has transitory gains and losses.

There are questions to ask. Yes, people can make money as day-traders. If I were one I would invest only when the fundamentals are sound (are the financial measures good for an individual stock? Is the market increasing for what the company offers or is it in a saturated market?) and against 'bad news' such as talk of tax increases or doleful events, and sell in times of euphoria. In general it is wiser to buy and hold stocks in companies that have strong financial positions. IBM has done well not so much from its own internal innovation as it has by being in a position to buying out innovators who were slow to get the money.

[pbrower2a]

(10-17-2021, 09:33 PM)Idea192 Wrote: The government is not legitimate and the economy is fake.

Now what would be a real government and a genuine economy?

[chairb]

Americans scream tyranny is wonderful because the US has always been a police state, but what if the USA used to have freedom and lost it?

Even if the US never had freedom, does that mean liberty is bad?

Did the USA have curfews, NSA wiretapping, checkpoints, forfeiture, the end to the right to silence, free speech bans, torture, kill lists, no fly lists, searches without warrants, private prisons, mandatory minimums, 3 strikes laws, DNA databases, CISPA, SOPA, NDAA, IMBRA, FBAR, FATCA, TSA groping, secret FISA courts, redlight cameras, license plate readers, and Jade Helm in 1980?

Did Americans need a pilot license in 1920 to fly a plane?

Did Americans have gun bans, business licenses, Social Security numbers, sales, income, or property taxes in 1890?

Were drugs, alcohol, smoking, gambling, and prostitution illegal in 1880?

[David Horn]

(10-18-2021, 01:31 AM)chairb Wrote: Americans scream tyranny is wonderful because the US has always been a police state, but what if the USA used to have freedom and lost it?

Even if the US never had freedom, does that mean liberty is bad?

Did the USA have curfews, NSA wiretapping, checkpoints, forfeiture, the end to the right to silence, free speech bans, torture, kill lists, no fly lists, searches without warrants, private prisons, mandatory minimums, 3 strikes laws, DNA databases, CISPA, SOPA, NDAA, IMBRA, FBAR, FATCA, TSA groping, secret FISA courts, redlight cameras, license plate readers, and Jade Helm in 1980?

Did Americans need a pilot license in 1920 to fly a plane?

Did Americans have gun bans, business licenses, Social Security numbers, sales, income, or property taxes in 1890?

Were drugs, alcohol, smoking, gambling, and prostitution illegal in 1880?

Every one of those things exist because something or someone needed some restraint.  Not al lthe restraint is warranted, but looking at your list, more are than not.

[pbrower2a]

(10-22-2021, 06:06 PM)Tenchick Wrote: When cash is banned, the government and banks will use taxes and fees to steal your money.

When cash is banned, then creditors of all kinds will find it easier to collect and enforce debt. America is a plutocracy and a creditor's paradise.

[pbrower2a]

(10-24-2021, 04:48 PM)gft Wrote: One way Americans are dealing with the US collapse is by being in a state of denial.

Americans say that the USA doesn't have inflation, suicides, alcoholism, drugs, homelessness, illegal immigrants, immorality, Obamacare, wars, debt, church closures, martial law, lockdowns, business shutdowns, nationalized companies, cancelled elections, closed borders, arrests of reporters, lawyers, priests, mandatory fingerprint collection, DUI laws, checkpoints, seatbelt laws, car liability insurance laws, neighborhood watch groups, "get tough on crime" politicians, laws allowing mandatory minimums, IMBRA, 3 strikes laws, curfews, police militarization, teen boot camps, school metal detectors, private prisons, chain gangs, nanny state laws, the Patriot Act, NSA wiretapping, no knock raids, take down notices, no fly lists, terror watch lists, Constitution free zones, stop and frisk, kill switches, National Security Letters, DNA databases, kill lists, FBAR, FATCA, Operation Chokepoint, TSA groping, civil forfeiture, CIA torture, NDAA indefinite detention, secret FISA courts, FEMA camps, laws requiring passports for domestic travel, IRS laws denying passports for tax debts, gun and ammo stockpiles, laws outlawing protesting, Jade Helm, sneak and peek warrants, policing for profit, no refusal blood checkpoints, license plate readers, redlight cameras, speed cameras, FBI facial and voice recognition, tattoo databases, gun bans, the end to the right to silence, free speech bans, searches without warrants, CISPA, SOPA, private prison quotas, supermax prisons, FOSTA, sex offender registration laws, and sex offender restriction laws.

Americans scream everything is fine, but their eyes twitch and their hands shake.

Disgusting.

Your list includes almost everything. I am surprised that you didn't mention pet licenses, mandatory shots for rabies, and pooper-scooper laws. You didn't mention radar traps for speeders.

[pbrower2a]

(10-25-2021, 04:32 AM)bestwishes Wrote: The elites will never say there are enough taxes, wars, debt, and tyranny.

The ruling class will continue their insanity until the US Ponzi economy collapses, the 99% are sent to the concentration camps, a civil war breaks out, and WWIII starts so they can divide the wealth of the world among themselves. This is the end game. The only question is when.

You would need to be living under a rock not to see this.

Tax revenues will keep rising as the economy grows. So will debt, as debt is how much investment in infrastructure and in corporate plant and equipment is largely financed. Revenues ideally more than offset debt.

Look at it this way: if I can borrow at 4% and get a return of 7%, and I can borrow a billion dollars to get such a return, then am I reckless to accept such a debt so long as it goes into something that generates such a return? Heh, heh, heh. I'd be an extreme fool not to do so. That's how the typical electric utility operates, and that is one of the simplest models.

Wars by the USA are increasingly push-button affairs. People in the war zones are in grave danger, but Americans are safe -- until someone else does that to us. Tyranny? President Biden at the least has undone most of the damage that Trump did as President.

On the rest -- consider visiting a professional in mental health.