Trump posts panicky Twitter warning the stock market will crash if Democrats dare to impeach him
Source: RawStory
TOM BOGGIONI
19 JAN 2019 AT 08:02 ET
President Donald Trump kept up his frantic tweeting on Saturday morning by touting the economy before warning Americans they will see the stock market crash if Democrats dare impeach him.
Writing on Twitter, Trump warned, The Economy is one of the best in our history, with unemployment at a 50 year low, and the Stock Market ready to again break a record (set by us many times) & all you heard yesterday, based on a phony story, was Impeachment. You want to see a Stock Market Crash, Impeach Trump!
Link to tweet
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Read more: https://www.rawstory.com/2019/01/trump-posts-panicky-twitter-warning-stock-market-will-crash-democrats-dare-impeach/
Squinch
(50,957 posts)to trash all your good work, and a crash is imminent regardless of what we do with respect to impeaching Individual 1.
PatSeg
(47,534 posts)HE did for the economy? Essentially, the man has done a whole lot of nothing since he took office and what little he has done, has had a negative impact. Sitting on his fat ass, tweeting night and day, watching cable news, and golfing are not accomplishments.
True_Blue
(3,063 posts)I don't see how it can hold up much longer. The only thing Trump has passed are the tax breaks for the wealthy, which we haven't even begun to feel the pain of yet.
lagomorph777
(30,613 posts)especially when combined with the Trump shutdown.
TexasBushwhacker
(20,205 posts)The problem is, with Trump's tax cut, there's no money to cushion the fall. No money for bail outs. No money to pump back into the economy through infrastructure and other job programs. As for there stock market, it's where it is AFTER corporations have spent hundreds of billions in stock buybacks, so one of his signature accomplishments was a fucking bust. His other signature move, the widespead tariffs, is even worse.
rickyhall
(4,889 posts)Squinch
(50,957 posts)marble falls
(57,134 posts)Scarsdale
(9,426 posts)Well worth the risk. Get him out, take Pence too and watch the mood of the country lift. His BFF Vlad must be putting pressure on him to keep the job.
erlewyne
(1,115 posts)I vote like I don't own any stock ... I wonder why?
empedocles
(15,751 posts)marble falls
(57,134 posts)and he's just an unpleasant memory.
empedocles
(15,751 posts)marble falls
(57,134 posts)Nelson Rockefeller. But you get my point: a footnote in a history book.
empedocles
(15,751 posts)[Whisper . . . Pelosi lurks]
karynnj
(59,504 posts)LakeSuperiorView
(1,533 posts)25th Amendment, Section 2.
Whenever there is a vacancy in the office of the Vice President, the President shall nominate a Vice President who shall take office upon confirmation by a majority vote of both Houses of Congress.
Yes, the option to MCConnell the Republicans exist. At the very least, we have to scrub Turtle's nose in his mess.
empedocles
(15,751 posts)FailureToCommunicate
(14,016 posts)hopefully.
JI7
(89,254 posts)CountAllVotes
(20,876 posts)Go right ahead loser boy, go right ahead.
joshdawg
(2,651 posts)and his ass sucking followers lap it up.
LakeSuperiorView
(1,533 posts)No one knows where they are going...
InAbLuEsTaTe
(24,122 posts)Magoo48
(4,717 posts)LastLiberal in PalmSprings
(12,586 posts)Only Trump could brag about a plummeting Dow being a great success.
As far as I can tell, we're down from this time last year:
Squinch
(50,957 posts)progree
(10,909 posts)still very much premature to declare "the Stock Market ready to again break a record". I think the recent runup is from improved trade talks with China, but as far as hard specifics that will actually occur, I don't see much more than what's in the N. Korea nuclear deal, just happy palaver from the Admin.
paleotn
(17,931 posts)and is poised for another downward slide due to lower corporate earnings as we go down slope in the business cycle....ie. recession. Has nothing to do with the orange troll....other than adding Keynesian fuel to the fire from reduced government spending during the shutdown.
UpInArms
(51,284 posts)ITMF
Response to DonViejo (Original post)
Name removed Message auto-removed
cstanleytech
(26,303 posts)treestar
(82,383 posts)will help it.
Gore1FL
(21,132 posts)patricia92243
(12,597 posts)rocktivity
(44,577 posts)Make like fellow Republican Tricky Dick Nixon and RESIGN before you're impeached!
rocktivity
CountAllVotes
(20,876 posts)I had a CD to renew yesterday. The rate had been raised the first of the year and I was semi-optimistic. That was short-lived! Rates DROPPED yesterday and no more 3.5% CDs to be found. Reason given was the government shutdown!
Thanks for nothing dump. Your crash began the day you were sElected by the Russians!
Hstch05
(219 posts)Be a shame if something... happened to it.
MaryMagdaline
(6,855 posts)CountAllVotes
(20,876 posts)KY_EnviroGuy
(14,492 posts)They only serve to keep his delusional base on a sugar high. The only crash we'll see when he falls is the collapse of the fake reality bubble he's built for his base.....
Fasten your seat belts and stock up on popcorn......
NCjack
(10,279 posts)Another massive tax cut for the super rich, so they can use it to buy more stocks and drive the prices higher.
DavidDvorkin
(19,480 posts)KY_EnviroGuy
(14,492 posts)...........
Honestly, I try hard to never read any of his bullshit.....
DavidDvorkin
(19,480 posts)turbinetree
(24,709 posts)what tanked the country back then was the oil embargo.............you really are stupid, because you wouldn't remember that would you......................
Nope you were scheming with your family on how to defraud New York out of taxes....................
Roy Rolling
(6,925 posts)The stock market is way, way below record highs. It will soon crash from Trump's terrible economic policies coming home to roost.
Wall Street got what they want, they will sell and go home while Trump's economy crashes.
noneof_theabove
(410 posts)They will short it and jump with a golden parachute.
And really the market is driven by "day trading mainframes", people as there for paper throwing at the end of the day.
area51
(11,914 posts)he should be pushing comprehensive Medicare for All; no longer will businesses have trouble competing for employees due to lack of extremely expensive healthcare.
truthisfreedom
(23,149 posts)Its crashing BECAUSE hes President. The greatest recession of all time is on its way. He set this whole nightmare up. Its the arsonist in the house setting booby-traps up everywhere as he lights the place on fire and screams out the windows Look how much Ive saved you on heating and lighting! Dont come in here for me or all of these wonders will burn to the ground!
Hoyt
(54,770 posts)IronLionZion
(45,469 posts)Let's call his bluff. It's not like Nostradumbass has lied about anything else before.
The economy will be better off without him in charge. His trade wars and tariffs are holding America back. The bump from tax cuts has worn off. The fed is raising interest rates and doing "quantitative tightening" so the market is in for a volatile future with or without him.
workinclasszero
(28,270 posts)If you gave a shit about the stock market you wouldn't have blown up all our trade agreements for shits and grins.
elmac
(4,642 posts)is worthless. We have no industry and the china junk we consume isn't that critical. We are a deficit.
unblock
(52,272 posts)especially for most of the stocks listed on u.s. exchanges.
what the stock market isn't overly bothered by is whether a republican president is replaced with another republican president, particularly now that congress is divided.
if donnie is impeached and removed, the market will instinctively react, but it will quickly stabilize when they realize there's little impact in terms of change in policies as pence's impact on business will be remarkably similar to donnie's.
if anything, the market might well rejoice that the tariff thing might go away, as pence may well abandon that stupid idea.
elmac
(4,642 posts)unblock
(52,272 posts)first, shutdowns historically have been only a matter of days and have had minimal impact on the economy.
granted, this one has already broken the record, but i don't think many people really believe it won't believe it will go on for months and months or that the damage won't be contained (e.g., by agreeing to pay workers during the shutdown).
second, donnie's backed off some of the china tariff rhetoric
third, it's seeming a bit more possible that brexit won't happen at all.
fourth, the market is realizing that the earlier plunge was an over-reaction (as these things nearly always are), and is naturally having a bounce-back rally.
James48
(4,437 posts)Market will jump the moment impeachment charges are filed.
FailureToCommunicate
(14,016 posts)Hugin
(33,168 posts)Wasn't Milken barred from having anything to do with finances or financial investment ever again, ever?
Now, he's on the scene again fishing for a pardon.
Docreed2003
(16,867 posts)Fuuuuuuuck you....the economy won't protect you from your crimes.
Firestorm49
(4,036 posts)Unavoidable? I doubt it. The market will take a dive. But it will come back because it has much bigger issues to effect it than a stupid president. It would be a large drop, but it would recover much quicker than if the fool were to launch an ICBM overseas.
Just think of what the markets would do if we actually sat down with foreign nations and intelligently established fair, meaningful trade policies. The next day the markets would soar.
Just think what the markets would do if we had a leader who would re-establish norms of political protocol across the board - re-establish cabinet positions, consulates, etc. Our stature would be enhanced around the world and markets would soar.
Just think what would happen if, under intellegent, charismatic leadership, we were able to compromise with Republicans and came to a fair, equitable solution to the immigration problem. With an intellegent charismatic president, markets would soar.
Just think what would happen if, under intellegent leadership by the USA, the global warming crises - whether caused by man or caused by the almighty God above (NATURE), in conjunction with most smart industrialized nations, combined to address the issue, creating millions of jobs to prepare, plan, and execute a policy of how to deal with warming. The markets would soar.
I could babble on all day about Mr. Stupid, his bloated opinion of himself, and his third grade influence in this country, but if the markets fall because of this idiot, and we replace him with what is called a leader to carry us forward, the stock market respond positively, and rather quickly, in my humble opinion.
jmowreader
(50,561 posts)The stock market has crashed before and will again. It always comes back. But if we impeach Trump, itll come back with a better president at the helm...and it wouldnt take much to be better. We could go to any random street in DC, pick up a homeless alcoholic, and have a better president than Trump.
SoCalNative
(4,613 posts)it's already crashing.
Wellstone ruled
(34,661 posts)The slide started the first week of October. And when Trump's hand picked Finance Guy,Gary Cohn tells you the Economy is in deep trouble,you have a problem.
scarytomcat
(1,706 posts)so they can let it plunge later is my guess
with impeachment or the big 2020 lose they are headed for
THE BLAME GAME
LudwigPastorius
(9,156 posts)It's finally starting to dawn on his "very, very large brain" that he's fucked six ways to Sunday.
Time to flush this turd!
SWBTATTReg
(22,144 posts)collapse. The man child is crying WOLF WOLF WOLF again, with no one around who is listening.
Nitram
(22,825 posts)Totally Tunsie
(10,885 posts)not so sure about surviving tRump. Bring it on!