Replies to post #85362 on Savvy Trades and Investments

[Mermelstein]

Dems don’t have the votes for tax increases. They would need 60 senators if they don’t nix the filibuster, which won’t happen.

And even if they do nix the filibuster, they probably don’t have 50 votes anyway as there are still a few moderate dems.

So they’ll just keep spending money with no real way of paying for it, which means stocks go higher...along with everything else.

[otcbargains]

Maybe when anal swabs become mandatory for receiving the next stimulus payment a light will come on.

Security over freedom equals neither.

I have zero long positions and day trade.

The evil pulling the strings grows stronger every day and the masses will believe anything repeated often enough.

A nation of millionaires when only billionaires will survive.

[blindman28]

Bbotcs sorry I can’t reply privately. But I’m basically a libertarian in my view points.

[thumper1]

bbotc...where did trumps 900 billion stimulus package money go...when people got $600.00... talk about pork.
what do you think about line item 6 and 7..purty sick imo

just passing along the facts....best to you

https://thelibertyherald.com/2020/12/21/900-billion-stimulus-bill-packed-full-of-pork/

Here is no surprise to anyone, but the 5,000 page + stimulus bill equal to $900 Billion is packed full of pork!

1)$4,184,000 for Office of Ethics expenses.
2)$85,476,000 for Economic Research Services
3)$183,921,000 for National Agricultural Statistics Service
4)$60,131,000 for the Risk Management Agency
5)$21,000,000 for the Central Utah Project
6)$3,850,000 for the Office of the President
7)$13,641,000 for the White House Residence
We will continue to update as we comb through this insanely long piece of legislation.

8. $18,400,000 for the Office of National Drug Control Policy

9. $700,000,000 for the Sudan.

10. $500 million to Isreal

11. $453 million to Ukraine

12. $135 million to Burma

13. $85.5 million to Cambodia

14. $1.4 billion for “Asia Reassurance Initiative Act”

15. $130 million to Nepal

16. $10,000,000 for gender programs in Pakistan.

You get $600.00, let that sink in.

Also buried in the “relief” bill is a new law. If you stream copyrighted content without permission, you’re now a federal felon, punishable by jail time, fines, losing your right to vote or own a firearm, etc.

But they gave you $600 of your own money though.

[littlejohn]

Stock market not really helping economy

after the huge run up may

be a problem ahead...


Many public companies added

some or a lot of debt...


Money in retirement accounts

that may have grown like a

moon ride isn't coming out

and going into economy...


Other retail that are swinging

for big profits are now nearing

Ground Zero time to possibly

sell a lot to pay tax bills if

they aren't ready yet...


I'm on the fence of how many

have sold and prepared...

Plus, the new retail trader

growth playas aren't likely

to shift to buying any bonds

to reduce rate rise pressures...


That seems the #1 item not

being considered by Regulators...


Long term capital gains tax...

the current wild frontier of

stock gains up makes it look

silly to try and hold for any

long term tax savings,,,

And potentially risk losing

a lot on price retreats...


Debt increases have not been

limited to only U.S Gov't Debt

rising in 2020 to 2021...


So we watch...LJ