2016 Postmortem

bigtree

(86,005 posts) Sat Jun 25, 2016, 05:22 PM Jun 2016

Camp Hillary:Trump Celebrated as American Families Saw 401(k) Values Drop $100 Billion

Jesse Ferguson ?@JesseFFerguson 15m15 minutes ago
NEW: Donald Trump Celebrated as American Families Saw 401(k) Values Drop $100 Billion https://www.hillaryclinton.com/briefing/statements/2016/06/25/donald-trump-celebrated-as-american-families-saw-401k-values-drop-100-billion/ …

Hillary for America Senior Policy Advisor Jake Sullivan released the following statement on Donald Trump’s response to the Brexit vote and its impact on American families:

“Yesterday, amidst the global economic uncertainty that followed Britain’s vote to leave the European Union, American families watched as their 401(k) accounts lost more than $100 billion in value over the course of a day. Now, we believe that America is resilient and can bounce back, but here is the point: While markets tumbled and American families’ pocketbooks took a hit, Donald Trump cheered and celebrated. He patted himself on the back and boasted about the money that his golf courses would make as a result of the turmoil. At a time when the world looks to the United States for steady leadership, Donald Trump once again proved two truths about his candidacy – that he is temperamentally unfit to be President of the United States and that he is in it for no one but himself.”

Jesse Lehrich ?@JesseLehrich 4h4 hours ago
@HillaryClinton advisor Jake Sullivan coined a good term y'day for Trump's first response to crises:

"pathological self-congratulation"

9 replies

= new reply since forum marked as read

Highlight:

Camp Hillary:Trump Celebrated as American Families Saw 401(k) Values Drop $100 Billion (Original Post) bigtree Jun 2016 OP

The GOP (greedy, opportuntist, psychopathic) also praises Brexit as well. Iliyah Jun 2016 #1

People everywhere should just boycott anything that belongs to him or his kids. radical noodle Jun 2016 #2

Biotech stocks tumble after Clinton blasts drug 'price gouging' JonLeibowitz Jun 2016 #3

Yes. Wellstone ruled Jun 2016 #4

I'm not sure why you're posting this. joshcryer Jun 2016 #6

There was a great deal of celebration here afterwards. Which I have no problem with btw. JonLeibowitz Jun 2016 #7

so what joshcryer Jun 2016 #8

I think that there is relevance. JonLeibowitz Jun 2016 #9

Nobody knows that progree Jun 2016 #5

Iliyah

(25,111 posts)

1. The GOP (greedy, opportuntist, psychopathic) also praises Brexit as well.

Reply to bigtree (Original post)

Sat Jun 25, 2016, 05:29 PM

Jun 2016

radical noodle

(8,013 posts)

2. People everywhere should just boycott anything that belongs to him or his kids.

Reply to bigtree (Original post)

Sat Jun 25, 2016, 05:35 PM

Jun 2016

Then when he is broke, someone can buy HIS stuff for just pennies on the dollar.

Not a problem for me though, I already do that.

JonLeibowitz

(6,282 posts)

3. Biotech stocks tumble after Clinton blasts drug 'price gouging'

Reply to bigtree (Original post)

Sat Jun 25, 2016, 05:59 PM

Jun 2016

http://thehill.com/policy/finance/254380-biotech-stocks-tumble-after-clinton-blasts-drug-price-gouging

Wellstone ruled

(34,661 posts)

4. Yes.

Reply to JonLeibowitz (Reply #3)

Sat Jun 25, 2016, 06:15 PM

Jun 2016

This so different than what occurred with Brexit. BioTech's are the new Dot Bombs of 2000.

joshcryer

(62,276 posts)

6. I'm not sure why you're posting this.

Reply to JonLeibowitz (Reply #3)

Sun Jun 26, 2016, 04:10 AM

Jun 2016

Did Clinton celebrate that? Something has to be done about drug price gouging.

JonLeibowitz

(6,282 posts)

7. There was a great deal of celebration here afterwards. Which I have no problem with btw.

Reply to joshcryer (Reply #6)

Sun Jun 26, 2016, 10:59 AM

Jun 2016

If our President firmly resolves to tackle Climate Change as a priority and says that, a similar result will occur.

It's just a really bad attack and while it is snarky it isn't an honest argument.

joshcryer

(62,276 posts)

8. so what

Reply to JonLeibowitz (Reply #7)

Sun Jun 26, 2016, 11:06 AM

Jun 2016

Something has to be done.

There's no relevance, Trump said something stupid. His words had no effect.

JonLeibowitz

(6,282 posts)

9. I think that there is relevance.

Reply to joshcryer (Reply #8)

Sun Jun 26, 2016, 11:10 AM

Jun 2016

Attacking someone because of the effects on 401(k) savings of the praised event is a stupid attack. It opens our side up to weakness since healthcare and climate change progress will hurt future growth of certain industries and the market will respond negatively to that.

If it's okay with you I'll continue to point that out.

progree

(10,918 posts)

5. Nobody knows that

Reply to bigtree (Original post)

Sun Jun 26, 2016, 04:06 AM

Jun 2016

says Trump.

Aberdeen journal: Mr. Trump, who won’t be taking questions, spends the afternoon talking to reporters anyway, 6/25/16
https://www.yahoo.com/news/aberdeen-journal-mr-trump-won-000000095.html?nhp=1

Asked about the turmoil it has caused in the global financial markets, Trump replied that it was “too bad” but downplayed the role the so-called Brexit decision had played in riling the American stock market. He suggested there were larger factors involved. “A lot of bad decisions, a lot of bad things happening in this world,” Trump said.

Repeatedly pressed on what he would say to Americans worried about their retirement accounts, Trump straightened his white “Make America Great Again” hat, which had come loose atop his head. “Americans are very much different. This shouldn’t even affect them,” he replied.

... And soon the rambling gaggle continued, as reporters pressed Trump on what he meant when he said Americans shouldn’t be affected by the Brexit decision. “Ideally, it shouldn’t,” the Republican hopeful said.

...Although he might not think the British vote to leave the European Union should affect the United States, a reporter told him, the country’s financial markets were taking a hit. [font color = blue]“Nobody knows that,”[/font] Trump interjected. Echoing comments he made Friday, he trashed Obama for “getting involved” in the vote.

S&P 500 down Friday by 76 points (3.6%), Dow down Friday by 610 points (3.4%)

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