Amazing! It is turning into 1929 again. Many experts feel a recession may be imminent. No one suggesting a depression yet.
The last two days have been amazing. Actually, the past two weeks the way the market has dropped. Thursday was 1,679 points. Friday could not be worse. It was. The stock market closed 2,231 points down.
What will monday hold? More of the bad I suspect.
Yesterday marked the first time ever that the stock market closed down more than 1,500 points on back to back days.
Congratulations Donald! You are doing one hell of a job. You warned there would be some pain. Sounded like a little pain. This pain is horrendous. Will be horrible if it continues for very long.
Americans are concerned. No, worried! Your Liberation Day is turning rapidly into a disaster. Take it back! We want no more of this type gift.
Even those who supported you in the last election are starting to shit their pants! Donald, you have wrought an Apocalypse on them!
While most Americans were cringing watching the market drop yesterday, our esteemed President could be seen riding a golf cart in Florida. He is trying to work a deal where the two major golf leagues merge and play many, if not most of their tournaments, on his golf courses world wide. Donald was in Florida trying to maneuver things favorably for himself and his Saudi Arabian friends.
Son Eric announced this week that he had moved much of the Trump business into crypto some time ago. Makes me even more uncomfortable.
Donald says no deals. The tariff numbers will stick. Yet this morning’s news announces Trump and Great Britain are talking. a deal may be around the corner. Of course, the Great Britain tariff was a mere 10 percent.
One of the Trump males, Eric or Donald Jr., said this week those who pursued negotiations first would get the best deals. Those who wait till the end will be hurt. How does this tie in with the President’s words of no deals for anyone?
Millionaires don’t count anymore. One has to be a billionaire to be of concern. What the President is attempting economically will help billionaires. How many even have 401(k)s? Many millionaires still do. The name of the game is to make it possible for the government to cut a huge tax cut for the very rich. Screw everyone else!
There is presently pending a bill before Congress to give the very rich that tax cut Donald promised. One that sounds like it will benefit everyone, but in reality only the very rich. The people got bullshitted again.
At my age and with diminishing funds and who knows what is going to happen to Social Security, I have to consider going into a business again. History a great teacher. I am going to arrange to obtain bushels of apples on a regular basis. Then began selling them on street corners. Like back in the 1930s. A nickel, dime, or quarter a piece? Probably a quarter. I have to eat, to survive.
In a few weeks, Donald has destroyed 80 years of good will and economic success. Other countries must stand up to the U.S. and say no more. They will make deals of all kinds with other nations. It will take years, if at all, for the U.S. to return to the position of power it experienced since the end of World War II.
Is there still time to salvage things? I don’t know.
I will not close with my usual “Enjoy your day!” Rather, it is with TRY to enjoy your day! Significant worry now a part of our everyday mentality.
And yet there are still things to celebrate.
My beloved friends from Buffalo and frequent Key West visitors Fran and Tom Dixon. Today one of major celebration for them. A big party!
It is their 50th Wedding Anniversary. Congratulations!
They are having a major party to celebrate some other significant happenings in their lives. Like their daughter Frances Jo’s promotion to full bird Colonel in the USAF. A biggie! And Grandson William’s birthday.
Enjoy! Sorry I will not be with you.
Some say that the Stock Market is driven up and down by “greed and fear”.
How long do we have before the “fear” part turns into panic?
Trump would welcome the panic, because it would allow him to declare Martial Law, and dissolve the entire court system, including the Supreme Court, as did Hitler.
Think that is unlikely and an over reaction, everything else thought to be unlikely, has come true. This will too. Get your excuses ready.
CNN reported Friday that their entire Trump family had each put all their money into crypto currency.
Can’t say we wern’t warned.
It is beginning to look like this whole stock market fiasco may actually be a calculated scam benefiting not just Trump, but all those others in on the “deal.”
I for one, wonder what Clarence Thomas’ cut will be.
If we continue to follow the Democratic path all our money would be eaten by debt. So why not try a different path?
Not true, simply foolish scare politics.
Debt under Republican regimes have ALWAYS been higher. You need a reminder of the Bush years, the Reagan years or Trumps first go around?
Stop making things up, or repeating what your “handlers” are telling you to believe.
Now I know how a lab rat feels.
I have a very special bottle reserved to celebrate Trumps inevitable liberation from this mortal world- one day.
Futures sharply down again for Monday. No surprise to that event or Trumps apathy to the dire situation.
More appropriately, “ignorance” to the situation.
Hey Lou, if tariffs are so bad, why is it ok for all the other countries to impose tariffs on the US? Where is the outrage say at China ?
EWY is a troll on Lou’s blog, only interested in causing mayhem, usually with false or misleading statements, like this current post!
Pathetic
From the head troll this AM–If we keep going as we are the country will be bankrupt in two years
Our Debt is greater than the GDP of our country for a year.
Thanks, in part at least, to the mazzive increase in debt by Trump during his first term.
Biden however did not increase debt by as much a Trump did, who was famous for declaring that he didn’t care about debt. Probably because he believes so much more so in going bankrupt, if things get too bad.
But he gave the money to Illegals.
Untrue Mary and just more BS from you – do you really believe the rest of us are that gullible?
STOP with the bullshet and help us recover from the worst sitting president in the history of our country.
Ignorance on display. “Illegals” gave the USA 100 billion dollars in tax revenue in 2022 alone.
“Deficits don’t matter.” : Dick Cheney
Hey Lou, RFK recommends the MMR (measles) vaccine. Fake news about him being anti fax! If only Fauci didn’t lie and force the stupid covid vax on all the healthy young people! Fauci is the dangerous one and should have been forced to go under oath and testify followed by a perjury conviction and then prison!
EnEyw is a troll, usually spreading false or misleasding information, like this post. RFK Jr. only RECENTLY endorsed the measles shot, after decades of recommending against it.
It is widely azzumed that his sudden endorsement was at the insistence of Trump and those outraged by RFK, after more and more children were dying from that disease NOT of his own free will or good judgement.
Shame on the troll ewy who is trying to use the tragedy caused so much in part by RFK, into a political win for undeserving man and his political shenanigans.
Nothing wrong with Fauci that Trump didn’t dream up to advance his own (Trump) agenda. Had Fauci been left to do his job, the Covid problem would have been a lot less devastating or as long.
Red dye 40 promotes aggressive behavior in humans. What does our school board do.
They buy food for the lunch program with RED DYE 40 in it
If you were young and healthy and skinny and you caught covid you might not die but you could spread it to someone who would die from it.
Many had it and never knew it.
Hey Lou, it’s common knowledge the vaccine was quickly proven to not prevent someone from spreading covid! The vaccine prevented the vulnerable from hopefully having to be hospitalized , but did little to nothing from someone spreading or catching covid! Fauci Lied and somehow he is still a hero of the lemming thinking left!!
Vaccines are to prevent only the person having the vaccine and they do NOT prevent someone from spreading anything, acide from you can’t spread what you don’t have.
The Covid vaccine(s) were NOT foolproof and NEVER presented as such. However, it is definitely thought that the Pfizer vaccine was responsible for saving the lives for a large number (but not all) of those inoculated. The Moderna vaccine was less effective, yet it too did save lives.
Combined these two vaccines, along with other things, is largely credited with saving millions of lives and dramatically reducing the threat of Covid 19.
Those vaccines were NOT intended to help anyone with Covid, only to help prevent getting Covid in the first place. To try and twist things around to make a political point is disingenuous and wrong
Jerry, our over the top healthy military son was vaxed and twice boosted and under strict military covid protocols (masked, social distancing, not permitted to go in public except for groceries and exercise) still got covid twice! The vaccine for the healthy was unnecessary and any parent who got or still gets their healthy children of any age jabbed is committing child abuse!
En eyw complaining about Lou’s blog readers lemming? Now that’s rich. That toady jerk is by far the worst troll on Lou’s blog with false or misleading far right wing topics, especially those with a “nasty” or retaliatory twist.
If he posts it, it probably isn’t true and only here to try and rile Lou’s readers.
…and that story about your son is ridiculous.
Mary.. you are so correct of the story about our son being ridiculous! Ridiculous that he was forced to get the jab to stay in the military. Ridiculous that he was told it would prevent him from getting covid. And ridiculous that even though he was vaxxed and twice boosted he still got covid! I could not agree with you more!
Fake story ewy, you don’t even have a son, let alone one who got Covid twice. You make these thing up, just to justify a pathetic life of hate and dishonesty.
Hey Lou, hope that you do not have to sell apples on the street corner. I guess losing that large lawsuit may have damaged your savings more than I realized.
STOCK MARKET IS UP 2,400 POINTS ON WEDNESDAY…WOW!
In response to Trump suspending all tariffs except those on China. It has brought it back, probably temporarily, to where it had been. Let’s hold our breath that stupidity doesn’t prevail again.
The vacines were 95% effective in preventing covid. If you don’t have it you can’t spread it.
Jerry, please provide your medical source showing the vaccine PREVENTED covid. Just because you want it to be true doesn’t mean it is. I wish life was like that… I really do! According to the CDC website, The vaccine only prevents “severe illness, hospitalizations or death.” No where on the CDC site does it state the vaccine PREVENTS COVID! If you’re healthy don’t get the vax!! If you have co-morbidities… then maybe! If you have different info please share with us…Jerry… stay healthy … I genuinely do wish you the best!
hey troll – Jerry said “95% effective in preventing covid.” Apparently your son wasn’t that healthy, now was he!
BTW, why do you twist everything an lie so much about so many things?
Trump is playing with the World economy like a kid with a new toy.
Or maybe, a cunning thief who plans to make money off it by creating situations he creates?
Hey George, the president of the United States in a 2021 CNN town hall specifically stated “you won’t get Covid if you’re vaccinated!” Your information does not appear correct. Additionally , The vaccines did nothing to prevent the spread and ultimately were determined to help reduce the effects of the virus and prevent hospitalization as per the CDC. Just because you want something to be true doesn’t make it so!
Hey eyw. reread your post, it makes little sense, unless of course you can prove you have the knowledge and training to make it so. Otherwise you are just the blowhard your posts seem to reveal.
Covid was an awful problem that was made worse with very poor leadership at that time. We are past most of it now, but we all should still tiptoe around everything, because we now have that same old incompetent jerk as president that made that first Covid problem so much worse than it needed to be.
ahhhh, vaccines, apart from hopefully reducing the number of people able to spread a virus, do NOT prevent anyone, but the person taking them, to get a virus. And it sure does look like the Covid 19 vaccines played a big part in helping reduce the virus from spreading the disease, given that the number of new cases dropped dramatically after, and only after, the vaccine became available. In addition, as it turns out, the vaccines ultimately were determined to help reduce the effects of the virus and prevent hospitalization, as per the CDC.
So, it CAN clearly be said that the vaccines were indeed a VERY useful and helpful thing and your insistance that they were useless is not true. Just because you want something to be true doesn’t make it so!
Herd immunity as with any virus! Please don’t get your young healthy kids or grand kids vaxxed! Follow the science!
Well, following the science would lead you to getting yourself and your loved ones vaccinated, for most issues – unless of course you have religious (or other) reasons not to do that!
However, if you choose not to vaccinate, please do not, or allow anyone also not vaccinated, attend ANY public environment where someone else may suffer the results of your personal choices. That would be selfish and morally (tragically?) wrong.
Covid vaxxed!!