A Frugal Man’s guide to the CORONADEPRESSION

[Kane]

https://thehill.com/homenews/administra ... f-congress

Trump is threatening to shut down both chambers of congress to get more judges appointed.

Good times.

[Kane]

https://thehill.com/homenews/administra ... uspending#

Trump to sign executive order temporarily suspending all immigration into the US.

Good luck US farmers and meat plants.

[Spider]

Turns out it's just green cards for 60 days. But who cares? All that mattered was the initial headline.

[Kane]

[Saz]

[Kane]

[Spider]

Red states are quite a bit more vulnerable on average. And that's leaving the oil crash out of it, even.

[Kane]

It's all the more infuriating because this wasn't an issue with those beautiful tax cuts. They haven't paid for themselves and the investment boom never came (shockingly - no emoji can roll it's eyes hard enough for this).

So when businesses need a tax break or a bailout they can get one - even if they're in this position due to irresponsible actions - but states and individuals? Nope. In the midst of a global pandemic in which even the WSJ's Greg f**k Ip says there's no debt crisis the GOP finally finds it's fiscal discipline when it comes to relieving states, municipalities, and counties that will more directly affect citizens.

f**k. Unbelievable.

Stick with it McConnell - come November when states don't have police departments voters will know what party to blame.

Wish the Dems didn't suck so hard. They should be on the airwaves right now mowing this shit down .

[Saz]

[Spider]

All of this makes you wonder what's actually going to happen to capitalism itself. How are you supposed to price anything in an equities market when the government is sure to step in and completely obliterate any downside risk? Right now the algorithms are all programmed to buy literally any dip. today watching the s&p do a little mini spike down, which was over in three and a half minutes, over the failure of this new Gilead drug was hilarious.

It's just a manipulation machine. market makers are pumping and dumping the market up and down like dribbling a basketball, and why shouldn't they? The government's going to backstop any downside risk. And failing that they'll just bail it out. And, as always, retail investors are left holding the bag. We had really high numbers of search terms for things like how do I buy stocks on Google LOL. The little guys going to get f***** up the ass with Jerome Powell's magnum.