• Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!

Presidential Election 2024

Status
Not open for further replies.
GeorgiaGirl said:
While a fall out is very much possible between Musk and Trump, they’d likely laugh their butts off internally at this. The fall out is more likely because both have egos bigger than planet Earth and it’ll be a surprise if it doesn’t come to a head.

I do think there’s a better chance than many want to think that Elon’s finally bit off more than he can chew and really the only way I think I’m wrong here is if the Supreme Court tosses the Impoundment Act. If that doesn’t occur then I cannot see anything being accomplished involving cutting spending and really, in this hypothetical world, it’ll be a royal pain in the butt to get much done at all in reconciliation.

If 240+ seats had occurred with more senate seats, then maybe you’re looking at it being more likely that serious spending cuts happen.
Click to expand...

Seems like I posted this at the perfect time this morning, let me bring this back up and be more specific, instead of putting in subjective opinions.

Elon has likely bitten off more than he can chew here with his DOGE program due to the way Congress works. Any serious reforms occurring will have to go through the House unless the Supreme Court tosses the Impoundment Act for Trump, and forgive me for not thinking that the mods and Freedom Caucus in the GOP house are going to tango on this.

As whew boy, I don’t think that tangoing is going to occur (and I’m not sure Mike Johnson is going to be Speaker in the next Congress either, in fact, I’d say no right now).

In fact, the thing that’s interesting is that Trump posted something on Truth today that doesn’t line up with Elon to boot as well. He wants the Debt Ceiling to possibly be terminated (I think so because he doesn’t want to have to put up with the Freedom Caucus in the next Congress on this).
 
Downeastnc said:
Remember when Trump was president the first time and the GOP raised the debt ceiling 3 times without any demands on cutting spending and with tons of pork on the bills...they need to STFU.
Click to expand...
Yeah that is good rationale. Don't start cutting just because you didn't do it the first time. Lol.
 
GeorgiaGirl said:
Seems like I posted this at the perfect time this morning, let me bring this back up and be more specific, instead of putting in subjective opinions.

Elon has likely bitten off more than he can chew here with his DOGE program due to the way Congress works. Any serious reforms occurring will have to go through the House unless the Supreme Court tosses the Impoundment Act for Trump, and forgive me for not thinking that the mods and Freedom Caucus in the GOP house are going to tango on this.

As whew boy, I don’t think that tangoing is going to occur (and I’m not sure Mike Johnson is going to be Speaker in the next Congress either, in fact, I’d say no right now).

In fact, the thing that’s interesting is that Trump posted something on Truth today that doesn’t line up with Elon to boot as well. He wants the Debt Ceiling to possibly be terminated (I think so because he doesn’t want to have to put up with the Freedom Caucus in the next Congress on this).
Click to expand...
Liz Warren? Is that you?
 
Today, December 18, 2024, the stock market experienced a significant decline, primarily due to the Federal Reserve's updated outlook for 2025. Chair Jerome Powell indicated that inflation remains stagnant and projected only two additional quarter-point rate cuts for 2025, which disappointed investors who had anticipated more substantial cuts. This announcement led to notable drops in major indices, with the S&P 500 experiencing its worst loss on a Fed decision day since January 2009.

Barron's


Additionally, the Dow Jones Industrial Average has been on a downward trend, recording its longest losing streak since 1978, falling for nine consecutive days. This decline is attributed to factors such as rising Treasury yields, concerns about inflation, and interest rate cuts. Specific sectors, including financials, utilities, and energy, have also seen declines, contributing to the overall market downturn.

MarketWatch


Despite these challenges, some analysts remain optimistic about the market's resilience, citing ongoing economic support and anticipated policy measures that may help stabilize the markets in the future.

Barron's
 
Avalanche said:
Just a few votes either way change a blue area red and a red area blue. Deceiving map
Click to expand...
That can work both ways. Look at NY and CAL. If enough blue voters go to the right states, the country would be solidly blue. On the other hand, if red voters leave, the country would be solidly red. Plenty of people are leaving those 2 states, but it is too early to determine which side it is.
 
JHS said:
That can work both ways. Look at NY and CAL. If enough blue voters go to the right states, the country would be solidly blue. On the other hand, if red voters leave, the country would be solidly red. Plenty of people are leaving those 2 states, but it is too early to determine which side it is.
Click to expand...
That’s right
 
severestorm said:
Today, December 18, 2024, the stock market experienced a significant decline, primarily due to the Federal Reserve's updated outlook for 2025. Chair Jerome Powell indicated that inflation remains stagnant and projected only two additional quarter-point rate cuts for 2025, which disappointed investors who had anticipated more substantial cuts. This announcement led to notable drops in major indices, with the S&P 500 experiencing its worst loss on a Fed decision day since January 2009.

Barron's


Additionally, the Dow Jones Industrial Average has been on a downward trend, recording its longest losing streak since 1978, falling for nine consecutive days. This decline is attributed to factors such as rising Treasury yields, concerns about inflation, and interest rate cuts. Specific sectors, including financials, utilities, and energy, have also seen declines, contributing to the overall market downturn.

MarketWatch


Despite these challenges, some analysts remain optimistic about the market's resilience, citing ongoing economic support and anticipated policy measures that may help stabilize the markets in the future.

Barron's
Click to expand...
The Left will tell you scary boogiemen stories @Bham 99
 
BullCityWx said:
Those blue dots pay for the red dots, Johnston county.
Click to expand...

I pay more a year in taxes than most people make in a year in NC. Don’t come spitting that my way just because I live out in the county by choice. I do that to get away from the insane folks who populate those blue cities/dots.


Sent from my iPhone using Tapatalk
 
These are the type of headlines that are going to cause Trump to try and throw Musk under the bus...little does he know Vance and his own son are Team Musk..

 
JHS said:
It is a fact though that the stock market dropped 1100 points. It will keep doing down if the Govt shuts down and will absolutely plummet if we default on the debt.
Click to expand...
Several things that caused that.
Profit taking ...
End of year tax harvesting (on losses), and upcoming tax season.
Inflation reports continue to suck under the current administration.
 
Downeastnc said:
Remember when Trump was president the first time and the GOP raised the debt ceiling 3 times without any demands on cutting spending and with tons of pork on the bills...they need to STFU.
Click to expand...
Part of the reason why Matt Gaetz and the freedom caucus got Kevin McCarthy out of a speaker job.
 
Arcc said:
Whew! Now the whole Trump gonna be a dictator whine can quieten down.
Click to expand...
Oh they still gonna try to put all the power in the executive branch. Trump only really cares about his revenge tour going after everyone that held him accountable. As long as he can do that he doesn't care what policies "he" puts in place.
 
Downeastnc said:
These are the type of headlines that are going to cause Trump to try and throw Musk under the bus...little does he know Vance and his own son are Team Musk..

Click to expand...


This is the way for the “broship” to likely end, I just think it’s going to take longer than many think (have already set my expectations at 6 months beginning January, so it might be longer than that). Trump won’t like it looking as if Elon is calling the shots, and it does here with him being the first to call for the CR to not happen.

Thing that’s funny is that Trump is mentioning something that I think is a non starter in this dead duck (edit: and that Elon doesn't necessarily agree with either, so they're not aligned...why am I doing these posts early in the morning). He’s calling for the debt limit to be extended or waived forever. No dude, you’re going to be stuck fighting the Freedom Caucus on this yourself most likely unless they agree to it being waived forever (I’d say it’s more likely he starts off his second term with a shutdown) and it’s going to be a headache since they’ve told him to stick it before.
 
Last edited:
Downeastnc said:
Remember when Trump was president the first time and the GOP raised the debt ceiling 3 times without any demands on cutting spending and with tons of pork on the bills...they need to STFU.
Click to expand...
So do the DemoncRATs with their fear and gaslighting. I have posted about this in the different iterations of this forum. Time for change no matter how difficult it may be because this current path is not sustainable and all we do is kick the default can down the road. Time to have a true balanced budget again.
 
Skippy The Brat said:
So do the DemoncRATs with their fear and gaslighting. I have posted about this in the different iterations of this forum. Time for change no matter how difficult it may be because this current path is not sustainable and all we do is kick the default can down the road. Time to have a true balanced budget again.
Click to expand...
The only default we may have is if the Republicans do not raise the debt ceiling. Our spending will not cause one anytime soon. Hopefully the country can survive until 2026 when we take Congress back.
 
JHS said:
The only default we may have is if the Republicans do not raise the debt ceiling. Our spending will not cause one anytime soon. Hopefully the country can survive until 2026 when we take Congress back.
Click to expand...
35e1aac5a6.jpg
 
Status
Not open for further replies.
Back
Top