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Old 11-08-2018, 06:54 PM #11
xavier7995
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I dont think it will happen. Christian conservatives are a major chunk of his constituency, they are not at all in favor of weed, sessions was pretty emblematic of their beliefs. Traditional Republicans have never favored weed, despite calls for states rights. The good ol boy portion of the party likes weed, but they make up maybe 20% of his voting block.

He could very well opt to do it to try and win some votes in 2020 but it seems pretty unlikely and i doubt it would sway anyone. It would likely give some of those conservative suburban voters pause and he would lose more support than he would gain.

I would also point out that the private/for profit prison industry overwhelmingly backs Republicans and are a decent sized donor. Many members of congress and the donor class have a vested financial interest. Private prison relies heavily on drug offenders. Trump isnt going to hit those people in the pocketbook, he desperately needs their support.

Edit: economy is about the same under trump as it was with obama, stock market doing well but not really translating to main street, job growth coming from minimum wage positions. There are a lot of signs that good stock market wont continue, it is pretty flat this year already, been a bumpy ride these past few months. If it falls trumps going to take a lot of heat over the tariffs.
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Old 11-08-2018, 07:08 PM #12
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More important things than the economy to worry about. Like being nice to everyone.
I get where you're coming from, but that doesn't really deliver any logic. Logic is indifferent, being nice about it is a form of lying.
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Old 11-08-2018, 07:12 PM #13
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Don't hold your breath nothing will change
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Old 11-08-2018, 09:05 PM #14
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actually the stock market has taken a hit like it seldom has, if this is a market correction you have a good buy option on your hands, but if it's that start of a collapse like in 2008 you better wait before making your buy bets lol. i wonder what Trump will say if the stock market really does continue going down for any length of time. he bragged about it when it was going up, so now we can blame him if it goes down too, lmao. although to be honest i think it's too early for the bubble to pop, buyers have 1 more chance to join in the speculators train to the edge of the clif, get off on time and you be fine.
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Old 11-08-2018, 10:47 PM #15
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I work in that field, the past few months havent really havent felt like the sort of kick in the junk drops that happened back in 2008. It isnt the same sort of sustained panicked "the world is ending" type of action. I think there is a much bigger correction in the near-ish horizon. The dip has certainly sucked, but it just doesn't have the feel of a new base forming that is going to support a solid wide movement up, still lots of downside possible as we see tariffs/no tax cut/ending QE/weirdo geopolitics/etc. play out.

Pretty fascinating all around, much like the midterms, i am just watching it all play out and seeing where stuff lands. The world hasnt made sense to me in a while so maybe i am way off.
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Old 11-09-2018, 12:33 AM #16
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Admittedly I usually don't pay too much attention to the market at large, but at any rate you're right to allude to the fact that it may or may not be due to Trump's platform. Trends usually come about because of Fed rates or large companies making changes and not the president. All the same, he's done a good job in my opinion of advocating for the utility of American capital on the world stage without going full Reagan.
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Old 11-09-2018, 01:22 AM #17
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actually the stock market has taken a hit like it seldom has, if this is a market correction you have a good buy option on your hands, but if it's that start of a collapse like in 2008 you better wait before making your buy bets lol. i wonder what Trump will say if the stock market really does continue going down for any length of time. he bragged about it when it was going up, so now we can blame him if it goes down too, lmao. although to be honest i think it's too early for the bubble to pop, buyers have 1 more chance to join in the speculators train to the edge of the clif, get off on time and you be fine.
Trump will accept no blame, only credit. that he will take even if he has to steal it. do not waste your time or breath expecting a self-centered horses ass to act like a human being...
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Old 11-09-2018, 11:15 AM #18
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Everyone likes to hate Trump because he's a vulgarian marinating himself in human monsters, but ask yourself how the economy has been doing compared to the other two post-9/11 presidents. The social justice McCarthyism is rampant in this country, often distracting from all the real issues such as employment rate, taxes, GDP, the nation budget, tax purposing, and trade market stability.
I really wish people understood economics at even a grade-school level. I know its partly a product of our political system, where executives try to take credit for everything they possibly can even when that makes no sense. The president does not really control the economy like that. Often major changes take years to bear fruit. The stock market rises and falls but the stock market is mostly an illusory financing scheme that doesn't necessarily bear any relationship to things happening in the real world. Trump isn't even good with his own money, let alone the nation's money. Most of those gains made to the economy happened under Obama and Trump gets to claim credit for them. That's not to say Obama was a good president or that he boosted the economy either. That's just saying Trump claiming credit for any of it is beyond stupid.
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Old 11-09-2018, 01:37 PM #19
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I really wish people understood economics at even a grade-school level. I know its partly a product of our political system, where executives try to take credit for everything they possibly can even when that makes no sense. The president does not really control the economy like that. Often major changes take years to bear fruit. The stock market rises and falls but the stock market is mostly an illusory financing scheme that doesn't necessarily bear any relationship to things happening in the real world. Trump isn't even good with his own money, let alone the nation's money. Most of those gains made to the economy happened under Obama and Trump gets to claim credit for them. That's not to say Obama was a good president or that he boosted the economy either. That's just saying Trump claiming credit for any of it is beyond stupid.
i like to be as fair as possible, it is possible that Trumps focus on being pro business, getting rid of regulations, tax cuts for companies did have an effect in changing the business vibe. all the talk about getting jobs back etc, probably did have some uplifting effect on the economy.
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Old 11-09-2018, 01:40 PM #20
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Originally Posted by xavier7995 View Post
I work in that field, the past few months havent really havent felt like the sort of kick in the junk drops that happened back in 2008. It isnt the same sort of sustained panicked "the world is ending" type of action. I think there is a much bigger correction in the near-ish horizon. The dip has certainly sucked, but it just doesn't have the feel of a new base forming that is going to support a solid wide movement up, still lots of downside possible as we see tariffs/no tax cut/ending QE/weirdo geopolitics/etc. play out.

Pretty fascinating all around, much like the midterms, i am just watching it all play out and seeing where stuff lands. The world hasnt made sense to me in a while so maybe i am way off.
when you look at the US tec daily chart so you can see a base forming, so it wouldn't surprise me if it goes up again, this time, but the whole thing is another bubble being blown up imo. might not be now, but sooner or later there will be another crash. lessons were not learned last time.
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