#1025923 - 03/16/20 04:22 PM
Re: Stock Market Thread
[Re: Illahee]
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No Stars for You!
Registered: 11/08/06
Posts: 2367
Loc: T-Town
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Boeing certainly made their bed and now they are tossing and turning in it! They let bean counters over rule engineers, so they took a reliable safe aircraft and turned it into a unsafe death trap. All because of the fuel savings those new engines were going to produce. The sheshe is spot on... that makes a couple times when you’ve been right.
Edited by Streamer (03/16/20 04:25 PM)
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#1025924 - 03/16/20 04:47 PM
Re: Stock Market Thread
[Re: Sol Duc]
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Alevin
Registered: 11/21/19
Posts: 12
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Boeing credit was downgraded today with several more coming. Execs are flying to DC to ask for a bailout. They have a lot of assets so not sure how it will shake out. The smart money is betting they will sell off into 6 or 8 separate companies. Their pension plan is underfunded by 30 billion and they stuffed it with $3.5 billion of their stock at $350 per. Which is now less than half the value. The pension holders will lose everything short of a bailout. Inslee is about to kiss some Trump ass.
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#1025925 - 03/16/20 04:54 PM
Re: Stock Market Thread
[Re: Sol Duc]
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Dick Nipples
Registered: 03/08/99
Posts: 27838
Loc: Seattle, Washington USA
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Capitalism is about to kiss Socialism's ass.
Fish on...
todd
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#1025927 - 03/16/20 05:02 PM
Re: Stock Market Thread
[Re: Sol Duc]
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No Stars for You!
Registered: 11/08/06
Posts: 2367
Loc: T-Town
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Corporatism* ... we don’t actually have true capitalism in the United States. Capitalism would mean there are no bailouts for anyone.
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#1025928 - 03/16/20 05:05 PM
Re: Stock Market Thread
[Re: Sol Duc]
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Alevin
Registered: 11/21/19
Posts: 12
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Anyone that believes that should brush up on their economic theory.
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#1025930 - 03/16/20 05:18 PM
Re: Stock Market Thread
[Re: Sol Duc]
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No Stars for You!
Registered: 11/08/06
Posts: 2367
Loc: T-Town
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From Merriam-Webster:
Capitalism - an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.
Giving billions to prop up various industries is not capitalism. It’s government assisting in the decisions, means of development and investment of products and goods. That isn’t capitalism.
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#1025932 - 03/16/20 05:27 PM
Re: Stock Market Thread
[Re: Sol Duc]
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Alevin
Registered: 11/21/19
Posts: 12
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Streamer I was referencing Todd’s claim “Capitalism is about to kiss Socialism's ass” we agree.
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#1025934 - 03/16/20 05:36 PM
Re: Stock Market Thread
[Re: Streamer]
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River Nutrients
Registered: 05/22/05
Posts: 3771
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Boeing certainly made their bed and now they are tossing and turning in it! They let bean counters over rule engineers, so they took a reliable safe aircraft and turned it into a unsafe death trap. All because of the fuel savings those new engines were going to produce. The sheshe is spot on... that makes a couple times when you’ve been right. It's easy to be right, just don't believe a fvckin thing Trump says. Your welcome.
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#1025936 - 03/16/20 05:48 PM
Re: Stock Market Thread
[Re: Illahee]
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No Stars for You!
Registered: 11/08/06
Posts: 2367
Loc: T-Town
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Boeing certainly made their bed and now they are tossing and turning in it! They let bean counters over rule engineers, so they took a reliable safe aircraft and turned it into a unsafe death trap. All because of the fuel savings those new engines were going to produce. The sheshe is spot on... that makes a couple times when you’ve been right. It's easy to be right, just don't believe a fvckin thing Trump says. Your welcome. Hardly ever taken him seriously... particularly now. He’s in way over his head.
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#1025940 - 03/16/20 06:37 PM
Re: Stock Market Thread
[Re: Streamer]
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Dick Nipples
Registered: 03/08/99
Posts: 27838
Loc: Seattle, Washington USA
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From Merriam-Webster:
Capitalism - an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.
Giving billions to prop up various industries is not capitalism. It’s government assisting in the decisions, means of development and investment of products and goods. That isn’t capitalism.
This is my point. The shitferbrains that are worried about Democratic Socialism pay more for their Corporate Socialism already...but somehow have been convinced by the ultra-rich that get the handouts that this is Capitalism, and doing anything to benefit anyone else is Socialism. This country is the biggest Socialist country in the world, we just redistribute all of our tax dollars to the ultra-rich. Fish on... Todd
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#1026004 - 03/17/20 12:38 PM
Re: Stock Market Thread
[Re: Todd]
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River Nutrients
Registered: 05/22/05
Posts: 3771
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Corporations that used their Trump tax break to buy back their own stock should not be eligible for the socialist bail out.
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#1026008 - 03/17/20 01:01 PM
Re: Stock Market Thread
[Re: Illahee]
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Shooting Instructor for hire
Registered: 10/26/10
Posts: 7204
Loc: Snohomish, WA
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Corporations that used their Trump tax break to buy back their own stock should not be eligible for the socialist bail out. Agree. That should also apply for any Corps that pay out any bonuses or dividends for the next 2 years. I believe that's Denmark's new policy.
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#1026012 - 03/17/20 01:08 PM
Re: Stock Market Thread
[Re: NickD90]
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AcidAngler
Unregistered
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I am watching and waiting. My TP stock is through the roof!
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#1032870 - 06/24/20 09:46 AM
Re: Stock Market Thread
[Re: Sol Duc]
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No Stars for You!
Registered: 11/08/06
Posts: 2367
Loc: T-Town
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Big drop in the market today. Coronavirus concerns fueling the drop?
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#1032895 - 06/24/20 11:35 AM
Re: Stock Market Thread
[Re: Streamer]
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River Nutrients
Registered: 05/22/05
Posts: 3771
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Who makes those Don't Tread On Me flags and bumper stickers? I have a gut feeling those are going get really hard to find in a few months, like to get in on the ground floor, you know ride the wave.
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#1032917 - 06/24/20 01:15 PM
Re: Stock Market Thread
[Re: Illahee]
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April Fool
Registered: 06/18/01
Posts: 15727
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Don't forget " Blue lives Matter" I would rock one of those.
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#1032918 - 06/24/20 01:30 PM
Re: Stock Market Thread
[Re: Sol Duc]
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River Nutrients
Registered: 05/22/05
Posts: 3771
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Or you could wrap yourself in a BLM flag and then let Dan help you out.
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#1032932 - 06/24/20 02:00 PM
Re: Stock Market Thread
[Re: Sol Duc]
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It all boils down to this - I'm right, everyone else is wrong, and anyone who disputes this is clearly a dumbfuck.
Registered: 03/07/99
Posts: 16958
Loc: SE Olympia, WA
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The stock market wasn't thrilled with the covid 19 news coming out.
And just in time, president lard ass is going to end federal funding of covid testing - because he's a retarded asshole loser piece of sh!t.
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#1032939 - 06/24/20 02:18 PM
Re: Stock Market Thread
[Re: Dan S.]
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Repeat Spawner
Registered: 08/12/19
Posts: 1424
Loc: worshington
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And just in time, president lard ass is going to end federal funding of covid testing - because he's a retarded asshole loser piece of sh!t.
Can you believe it? It's not like it's his money (it's ours!) and he certainly doesn't give a damn about deficits, so the obvious conclusion is he's pretending shittons of people aren't getting sick every day and many states aren't at their highest levels of covid ever. Now more deaths will correctly be attributed to that ignorant imbecile's selfishness.
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