6 ms·

Sure miss the days where there wasn’t headline generating chaos from the White House resulting in market volatility. Make Government Boring Again.

throwaway48476 2y ago
Volatility is profit for insiders.
MrMcCall 2y ago
"It used to be simple: vote for the guy you liked the most. Then it became vote against the guy you disliked the most. Now it's vote for who you dislike the least." --A Whitney Brown I remember seeing that on SNL in the 80s; it has always stuck with me.
- wnmurphy 2y ago
  I heard he used to be _The_ Whitney Brown.
- leptons 2y ago
  > Now it's vote for who you dislike the least. For 1/3 of eligible voters, it's "I don't care about voting".
  - ToucanLoucan 2y ago
    For a substantial portion of those third: 1) They can't vote, either because of local politicians meddling in their election process/with their polling places, being convicted of bullshit non-crimes, or simply being unable to get to a polling place. Shock of shocks, majority of political fuckery involved in taking away people's right to vote is brought about by conservatives. Even more shocking, the groups that tend to be disenfranchised trend progressive in their voting habits, wow, such a weird coincidence. 2) They have no desire to vote, because as much as I understand voting for the lesser of two evils (and doing it with regularity) that just isn't motivating, and neither is choosing which party you want to join that's going to leave you for dead the second the election is over. To be clear: this is not "both sides are bad." Both sides are bad, but one is just useless bad, and the other is actively tearing down the state to sow chaos that it can use to consolidate power and bring about a theocracy. And while both of those are bad, they are not even remotely comparable.
    - leptons 2y ago
      >To be clear: this is not "both sides are bad." Both sides are bad, but one is just useless bad, and the other is actively tearing down the state to sow chaos Nope, that's just more uninformed "both sides are the same" nonsense. The Democrat and Republican voting record proves you wrong. And one side is only "useless" because the other side are obstructionists, and that side can only obstruct because too many people with low IQs believed lies and voted against their best interests.
zeroonetwothree 2y ago
What year was that? 1999?
- acdha 2y ago
  I know it’s been a long 43 days, but the average American didn’t see daily news updates affecting their life before January 20th.
  - deleted 2y ago
    [deleted]
jameslk 2y ago
This could be an interesting topic, but inevitably these posts devolve into politics and it’s always about the same thing. Yet this is the type of comment at the top. Why bother leaving a comment like this?
- Ar-Curunir 2y ago
  You realize that the only reason this is a topic of discussion is because of politics, right?
  - jameslk 2y ago
    No? I see comments here discussing things other than politics
    - consteval 2y ago
      You don't, you just don't understand how they're intrinsically linked to politics. That's not me being mean, because a lot of the time it isn't obvious. But, you would be shocked how often you can trace an exact bill or executive order that is causing the thing people are thinking about. I mean, you can trace various seemingly random effects today to Reagan policies.
      - jameslk 2y ago
        I responded to a similar comment here: https://news.ycombinator.com/item?id=43263416 https://news.ycombinator.com/item?id=43263416 Essentially, yes those other comments are linked to politics. All things could be extrapolated to politics. That doesn't mean we should directly talk about the political aspects, otherwise it drowns out curious discussion
  - MichaelZuo 2y ago
    There rarely seem to be any substantive discussion in these types of threads, beyond vibes or repeating tautologies and talking points. Over the past few months I doubt there have even been 10 discussions total with some non-circular, credible, arguments along with some coherent logic backing them…
galimalint 2y ago
[flagged]
- esalman 2y ago
  4 out of those 5 headlines you listed are basically empty promises. Otherwise known as clickbait.
  - johnnyanmac 2y ago
    The 5th one is just outright misinformation. The title: >DOGE says it's saved $105 billion, though it's backtracked on some of its earlier claims
- scarface_74 2y ago
  TSMC announced investments in the US in 2020 and 2022. It later came out that the DOGE numbers are innacurate. Even if they were accurate, the US budget is 7 Trillion. The tax cuts that Trump is proposing is much more than all of the cuts.
  - galimalint 2y ago
    the $100 billion investment in 2025 is new. the first investment in 2020 is also from trump first term. doge has only been at work for 45 days, give it time. it's starting to look into military and medicare already.
    - scarface_74 2y ago
      There is no way that conservatives are going to let DOGE touch Medicare that and social security are the third rail and he can’t cut either one without Congress. What is he going to do? Not send checks to senior citizens? The minute you cut military spending - again you can’t do it without Congress - Republicans are going to grow a spine. Do you remember the FoxConn investment that never happened? https://www.reuters.com/business/foxconn-sharply-scales-back-wisconsin-investment-2021-04-20/ https://www.reuters.com/business/foxconn-sharply-scales-back...
neilv 2y ago
Is the market actually disciplining? Or are Wall Street actors gaming the volatility for further profit? Or both?
- esalman 2y ago
  Strongly believe it's the second. Just learned from Twitter tariffs will be rolled back in a day or two.
- idkfasayer 2y ago
  [dead]
bamboozled 2y ago
It was a nice 4 years
bamboozled 2y ago
It was a nice 4 years...

throwaway48476 2y ago

Volatility is profit for insiders.

MrMcCall 2y ago

"It used to be simple: vote for the guy you liked the most. Then it became vote against the guy you disliked the most. Now it's vote for who you dislike the least." --A Whitney Brown I remember seeing that on SNL in the 80s; it has always stuck with me.

wnmurphy 2y ago
I heard he used to be _The_ Whitney Brown.
leptons 2y ago
> Now it's vote for who you dislike the least. For 1/3 of eligible voters, it's "I don't care about voting".
- ToucanLoucan 2y ago
  For a substantial portion of those third: 1) They can't vote, either because of local politicians meddling in their election process/with their polling places, being convicted of bullshit non-crimes, or simply being unable to get to a polling place. Shock of shocks, majority of political fuckery involved in taking away people's right to vote is brought about by conservatives. Even more shocking, the groups that tend to be disenfranchised trend progressive in their voting habits, wow, such a weird coincidence. 2) They have no desire to vote, because as much as I understand voting for the lesser of two evils (and doing it with regularity) that just isn't motivating, and neither is choosing which party you want to join that's going to leave you for dead the second the election is over. To be clear: this is not "both sides are bad." Both sides are bad, but one is just useless bad, and the other is actively tearing down the state to sow chaos that it can use to consolidate power and bring about a theocracy. And while both of those are bad, they are not even remotely comparable.
  - leptons 2y ago
    >To be clear: this is not "both sides are bad." Both sides are bad, but one is just useless bad, and the other is actively tearing down the state to sow chaos Nope, that's just more uninformed "both sides are the same" nonsense. The Democrat and Republican voting record proves you wrong. And one side is only "useless" because the other side are obstructionists, and that side can only obstruct because too many people with low IQs believed lies and voted against their best interests.

zeroonetwothree 2y ago

What year was that? 1999?

acdha 2y ago
I know it’s been a long 43 days, but the average American didn’t see daily news updates affecting their life before January 20th.
- deleted 2y ago
  [deleted]

jameslk 2y ago

This could be an interesting topic, but inevitably these posts devolve into politics and it’s always about the same thing. Yet this is the type of comment at the top. Why bother leaving a comment like this?

Ar-Curunir 2y ago
You realize that the only reason this is a topic of discussion is because of politics, right?
- jameslk 2y ago
  No? I see comments here discussing things other than politics
  - consteval 2y ago
    You don't, you just don't understand how they're intrinsically linked to politics. That's not me being mean, because a lot of the time it isn't obvious. But, you would be shocked how often you can trace an exact bill or executive order that is causing the thing people are thinking about. I mean, you can trace various seemingly random effects today to Reagan policies.
    - jameslk 2y ago
      I responded to a similar comment here: https://news.ycombinator.com/item?id=43263416 https://news.ycombinator.com/item?id=43263416 Essentially, yes those other comments are linked to politics. All things could be extrapolated to politics. That doesn't mean we should directly talk about the political aspects, otherwise it drowns out curious discussion
- MichaelZuo 2y ago
  There rarely seem to be any substantive discussion in these types of threads, beyond vibes or repeating tautologies and talking points. Over the past few months I doubt there have even been 10 discussions total with some non-circular, credible, arguments along with some coherent logic backing them…

galimalint 2y ago

[flagged]

esalman 2y ago
4 out of those 5 headlines you listed are basically empty promises. Otherwise known as clickbait.
- johnnyanmac 2y ago
  The 5th one is just outright misinformation. The title: >DOGE says it's saved $105 billion, though it's backtracked on some of its earlier claims
scarface_74 2y ago
TSMC announced investments in the US in 2020 and 2022. It later came out that the DOGE numbers are innacurate. Even if they were accurate, the US budget is 7 Trillion. The tax cuts that Trump is proposing is much more than all of the cuts.
- galimalint 2y ago
  the $100 billion investment in 2025 is new. the first investment in 2020 is also from trump first term. doge has only been at work for 45 days, give it time. it's starting to look into military and medicare already.
  - scarface_74 2y ago
    There is no way that conservatives are going to let DOGE touch Medicare that and social security are the third rail and he can’t cut either one without Congress. What is he going to do? Not send checks to senior citizens? The minute you cut military spending - again you can’t do it without Congress - Republicans are going to grow a spine. Do you remember the FoxConn investment that never happened? https://www.reuters.com/business/foxconn-sharply-scales-back-wisconsin-investment-2021-04-20/ https://www.reuters.com/business/foxconn-sharply-scales-back...

neilv 2y ago

Is the market actually disciplining? Or are Wall Street actors gaming the volatility for further profit? Or both?

esalman 2y ago
Strongly believe it's the second. Just learned from Twitter tariffs will be rolled back in a day or two.
idkfasayer 2y ago
[dead]

bamboozled 2y ago

It was a nice 4 years

bamboozled 2y ago

It was a nice 4 years...