An example of world leadership, released by Donald J. Trump on Sunday, May 5 at 9:08 AM ET:
“For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results. The 10% will go up to 25% on Friday. 325 Billions Dollars….” “…of additional goods sent to us by China remain untaxed, but will be shortly, at a rate of 25%. The Tariffs paid to the USA have had little impact on product cost, mostly borne by China. The Trade Deal with China continues, but too slowly, as they attempt to renegotiate. No!”
Impulsive? Impetuous? Misinformed? – OR — Calculated? Intentional? Willful?
However you slice it, when the President of the United States threatens — on a Sunday morning in May — to further disrupt world markets through his personal vision of how the world should behave, the predictable short term outcome is a stock market rout.
{One of the reasons it is predictable is that we have witnessed several similar episodes over the 2+ years Trump has occupied the Oval Office.}
Both Market Manipulators and Inside Traders know that when the Stock Market is confronted with unanticipated news, the Stock Market generally reacts with an abrupt and unexpected increase (or decrease) in value. And, Long-sellers (or short-sellers) get enriched (or damaged) as a result of their positions.
If they went long (or short) because of access to confidential information (known as “Insider Trading”) they have committed a white-collar crime that is often prosecuted as a felony, punishable by severe fines and prison terms of up to 20 years.
The Questions:
- Has Trump, his family, any of his cabinet members, advisors, their families and colleagues benefited by taking a long (or short) position in advance of one of Donald Trump’s unexpected and abrupt announcements?
- Is Trump a willful Market Manipulator?
- Are there any foreign (off-shore) entities which have left a trail indicating a prior knowledge of Trump Tweets?
Juvenile Delinquents in the Congress
August 4, 2011
Last week, I was alarmed and angry at some of our elected representatives in the Congress as they played Russian Roulette with our economy.
This week, I am stunned.
The partisan shenanigans that have transpired in the 112th Congress is just Un-American and unacceptable.
As the entire world watches – in real time, thanks to advanced technology – a group of newly elected individuals in the House of Representatives are behaving badly.
They remind me of unchaperoned adolescent hooligans at their first spring break.
But this is no harmless teenage fun.
This is the real thing.
The credit rating agencies have put the world on notice that they have serious concerns about our Nation’s credit rating.
Today, the domestic equities market dropped about 4%, wiping out nearly $9.3 Trillion of our nation’s private worth.
Meanwhile, our elected officials are on leave from Washington enjoying their August recess, no doubt oblivious to the pain they have caused to regular citizens like you and me.
I’m stunned? Yes, and I’m furious!
walrus51 