The End of Trump; the Dawning of the Age of Bolton.

[TheReal_ND]

Again, this is just another Bush admin policy warmed over, the Bushies already went for the steel tax back in 2003, ostensibly to protect 100,000 steel workers, but it ended up backfiring on the manufacturing side of things, when higher steel prices led to lower sales, less production, and inevitable job losses in a much bigger sector of the economy, and after only a year even the Bushies had to admit that it had backfired and so they dropped the tariff tax.

And you're shooting yourselves in the foot, for what again? 2% of steel imports into the US?

Stoopid.

Steel tarrifs are as old as wall street fren. Do you know what the ticker symbol is for USS?

2% is nothing so I don't see the issue with your 401k shtf scenario

[Smitty-48]

Yes, tariffs as a tax on the consumer is a very old scam, but it's still a scam, you're getting taken to the cleaners by a leftist union here, they win, everybody else loses, that's how the tariff tax scam goes.

[TheReal_ND]

Could be. I'm more concerned with my wages being ariticially depressed rather than inflated atm.

[Smitty-48]

Could be. I'm more concerned with my wages being ariticially depressed rather than inflated atm.

When prices go up, production goes down, so they get rid of workers to make up the difference, so it can be good, so long as you're not the one getting thrown under the bus, union politics tend to protect the guys with seniority at the expense of the new guys, so I would be wary of that, if you're a young person, because the young are going to get tossed under the bus first.

[Smitty-48]

2% is nothing so I don't see the issue with your 401k shtf scenario

I'm not opposed to bear markets, that's the only way to find value, but I wouldn't recommend investing by 401K, if you're going to be in the market, make sure you are aware of what is going on and be the captain of your own ship, don't turn your shit over to a fund manager, I wouldn't trust those clowns with my money.

[TheReal_ND]

Could be. I'm more concerned with my wages being ariticially depressed rather than inflated atm.

When prices go up, production goes down, so they get rid of workers to make up the difference, so it can be good, so long as you're not the one getting thrown under the bus, union politics tend to protect the guys with seniority at the expense of the new guys, so I would be wary of that, if you're a young person, because the young are going to get tossed under the bus first.

Sounds like a good system tbqh. The weak should fear the strong.

2% is nothing so I don't see the issue with your 401k shtf scenario

I'm not opposed to bear markets, that's the only way to find value, but I wouldn't recommend investing by 401K, if you're going to be in the market, make sure you are aware of what is going on and be the captain of your own ship, don't turn your shit over to a fund manager, I wouldn't trust those clowns with my money.

Noted

[Hastur]

If it's stupid but it works, it isn't stupid.

Migrant caravan abandons plan to travel to US border

A caravan of Central American migrants whose trek across Mexico infuriated President Donald Trump has decided not to travel to the US border, leaders said Tuesday.

"We will wrap up our work in Mexico City," said Irineo Mujica, the head of the migrant advocacy group People Without Borders (Pueblo sin Fronteras).

"We have support teams at the border if there are people who need assistance there, but they would have to travel on their own," he told AFP in the town of Matias Romero, in the southern Mexican state of Oaxaca.

The just over 1,000 migrants who currently make up the caravan -- many traveling in families of up to 20 people -- have been camped in the southern town since the weekend, deciding their next move in the face of daily attacks from Trump.

The Republican president vowed to send the US military to secure the border and threatened to axe the North American Free Trade Agreement (NAFTA) if Mexico did not stop the caravan.

I know the caravan is more of a demonstration than an actual attempt to cross the border. Sending in the national guard is a counter signal. It's like watching two roosters circling before the fight. At least Trump is showing he's not going to just bend over and take it like the previous guys.

[Hastur]

[Smitty-48]

At least Trump is showing he's not going to just bend over and take it like the previous guys.

Bush sent troops to the border, he's not doing anything different, except for the fact that Bush didn't make empty threats about "we're pulling out of NAFTA!" every five minutes, because Bush didn't bluff, when Bush said he was going to do something, he meant it, whereas Trump is a big bag of flatulent hot air.

Troops on the border; Bush. Extreme vetting of Muslims; Bush. Fighting terrorists by any means necessary; Bush. Even steel tariffs; that was Bush too. Trump just rehashes all of Bush's policies, and then shoots his mouth off about shit he is not prepared to back up, as opposed to Bush, who didn't mess about.

Once all of Trump's bluffs have been called, the Democrats are just going to take over on downs. Trump is a big bust, he's cucked out left and right, why you're hero worshiping this clown and trying to paint him as special, is not clear, when he hasn't done anything that any other GOP candidate wouldn't have done, except for cuck out on gun control, New York liberal quisling, who knew?

I don't get why you faggots bash on Dubya, and then try to make this New York liberal cuck out to be a superhero, when he's just stealing from Dubya, because he doesn't have the balls to back any of his big talk up, nor the political capital to get anything passed.

[SuburbanFarmer]

Again, this is just another Bush admin policy warmed over, the Bushies already went for the steel tax back in 2003, ostensibly to protect 100,000 steel workers, but it ended up backfiring on the manufacturing side of things, when higher steel prices led to lower sales, less production, and inevitable job losses in a much bigger sector of the economy, and after only a year even the Bushies had to admit that it had backfired and so they dropped the tariff tax.

And you're shooting yourselves in the foot, for what again? 2% of steel imports into the US?

Stoopid.

Steel tarrifs are as old as wall street fren. Do you know what the ticker symbol is for USS?

2% is nothing so I don't see the issue with your 401k shtf scenario

US Steel's ticker symbol is "X".

It's been responding funny to the tariffs - had a little pop, and now fading with the market. I'd wait a month or two before taking a shot.