REAL WORLD EVENT DISCUSSIONS

Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Friday, November 25, 2022 16:50
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Friday, March 20, 2020 6:17 AM

THG


T

Deep state describes dedicated, educated professionals.


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Friday, March 20, 2020 8:25 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


At least three GOP Senators engaged in crooked Stock Sales based on classified briefings about the novel coronavirus

www.motherjones.com/kevin-drum/2020/03/us-senators-engaged-in-a-whirlw
ind-of-stock-sales-last-month
/

1) In early February Sen. Richard Burr (R–NC), chairman of the Senate Intelligence Committee, was getting classified briefings about the coronavirus pandemic. On February 7 he wrote an op-ed asssuring the public that everything was under control. On February 13 he decided to liquidate nearly every stock he owned:

A week after Burr’s sales, the stock market began a sharp decline and has lost about 30% since….Burr is not a particularly wealthy member of the Senate: Roll Call estimated his net worth at $1.7 million in 2018, indicating that the February sales significantly shaped his financial fortunes and spared him from some of the pain that many Americans are now facing.

….His biggest sales included companies that are among the most vulnerable to an economic slowdown. He dumped up to $150,000 worth of shares of Wyndham Hotels and Resorts, a chain based in the United States that has lost two-thirds of its value. And he sold up to $100,000 of shares of Extended Stay America, an economy hospitality chain. Shares of that company are now worth less than half of what they did at the time Burr sold.

2) Just a coincidence, I’m sure. But then there’s recently appointed Sen. Kelly Loeffler (R–Georgia), who also decided her portfolio needed some rebalancing after receiving classified briefings:

The Senate’s newest member sold off seven figures’ worth of stock holdings in the days and weeks after a private, all-senators meeting on the novel coronavirus that subsequently hammered U.S. equities….That first transaction was a sale of stock in the company Resideo Technologies worth between $50,001 and $100,000. The company’s stock price has fallen by more than half since then.

….It was the first of 29 stock transactions that Loeffler and her husband made through mid-February, all but two of which were sales. One of Loeffler’s two purchases was stock worth between $100,000 and $250,000 in Citrix, a technology company that offers teleworking software and which has seen a small bump in its stock price since Loeffler bought in as a result of coronavirus-induced market turmoil.

3) And starting in late January, Sen. James Inhofe (R–Okla.) also began unloading big chunks of stock.

That’s a lot of coincidences! But that’s probably all they are. I can’t believe that members of the US Senate would use their position to protect their personal wealth instead of using it to protect the public and sound a serious warning that the pandemic was going to be a lot worse than President Trump was saying.

Right?
Quote:

Neither senator appears to have yet commented on the transactions. Members of Congress are prohibited by law from trading on “material, nonpublic information” derived from their positions.
https://slate.com/news-and-politics/2020/03/republican-senators-inside
r-trading-accusations-coronavirus.html


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Friday, March 20, 2020 10:37 AM

CAPTAINCRUNCH

... stay crunchy...


Quote:

Originally posted by second:
That’s a lot of coincidences! But that’s probably all they are. I can’t believe that members of the US Senate would use their position to protect their personal wealth instead of using it to protect the public and sound a serious warning that the pandemic was going to be a lot worse than President Trump was saying.

Right?
Quote:

Neither senator appears to have yet commented on the transactions. Members of Congress are prohibited by law from trading on “material, nonpublic information” derived from their positions.
https://slate.com/news-and-politics/2020/03/republican-senators-inside
r-trading-accusations-coronavirus.html





Tricky. If it were you what would you have done? If you knew a tsunami of big bad was coming and it would in all likelihood tank the market, would you sell off stocks AND not tell your constituents? If you tell people to look out you might make the market - and just daily life - tank even worse, a run even. Which is a bigger problem? Trying to quietly preserve your investments or inducing panic? I don't think I can blame them too much no matter how selfish and disgusting it looks. Even on top of how much I hate these guys to begin with. Money makes people do things.

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Friday, March 20, 2020 11:37 AM

6IXSTRINGJACK


Quote:

Originally posted by captaincrunch:
Quote:

Originally posted by second:
That’s a lot of coincidences! But that’s probably all they are. I can’t believe that members of the US Senate would use their position to protect their personal wealth instead of using it to protect the public and sound a serious warning that the pandemic was going to be a lot worse than President Trump was saying.

Right?
Quote:

Neither senator appears to have yet commented on the transactions. Members of Congress are prohibited by law from trading on “material, nonpublic information” derived from their positions.
https://slate.com/news-and-politics/2020/03/republican-senators-inside
r-trading-accusations-coronavirus.html





Tricky. If it were you what would you have done? If you knew a tsunami of big bad was coming and it would in all likelihood tank the market, would you sell off stocks AND not tell your constituents? If you tell people to look out you might make the market - and just daily life - tank even worse, a run even. Which is a bigger problem? Trying to quietly preserve your investments or inducing panic? I don't think I can blame them too much no matter how selfish and disgusting it looks. Even on top of how much I hate these guys to begin with. Money makes people do things.




Goddamn it man, sometimes you just make a lot of sense.

Mo money, mo problems.

Do Right, Be Right. :)

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Friday, March 20, 2020 1:01 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by captaincrunch:
Quote:

Originally posted by second:
That’s a lot of coincidences! But that’s probably all they are. I can’t believe that members of the US Senate would use their position to protect their personal wealth instead of using it to protect the public and sound a serious warning that the pandemic was going to be a lot worse than President Trump was saying.

Right?
Quote:

Neither senator appears to have yet commented on the transactions. Members of Congress are prohibited by law from trading on “material, nonpublic information” derived from their positions.
https://slate.com/news-and-politics/2020/03/republican-senators-inside
r-trading-accusations-coronavirus.html





Tricky. If it were you what would you have done? If you knew a tsunami of big bad was coming and it would in all likelihood tank the market, would you sell off stocks AND not tell your constituents? If you tell people to look out you might make the market - and just daily life - tank even worse, a run even. Which is a bigger problem? Trying to quietly preserve your investments or inducing panic? I don't think I can blame them too much no matter how selfish and disgusting it looks. Even on top of how much I hate these guys to begin with. Money makes people do things.

NOT tricky. It is called Insider Trading: the illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information. It is right up there with other white collar crimes such as income tax evasion, another crime that is very seldom prosecuted in America. I KNOW Texans who commit insider trading and tax evasion. They see themselves as brave heroes, but you don't have to be brave. You only have to be a sneaky, twisty crook, which matches what the Texans I know are. It just so happens that GOP Senators and Presidents are also sneaky, twisty crooks who constantly praise capitalism and their own brilliance. Funny how the crooks I know in Texas are all rich Republicans, as were the Senators who got caught but won't be prosecuted.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Friday, March 20, 2020 1:06 PM

6IXSTRINGJACK


Quote:

Originally posted by second:
Quote:

Originally posted by captaincrunch:
Quote:

Originally posted by second:
That’s a lot of coincidences! But that’s probably all they are. I can’t believe that members of the US Senate would use their position to protect their personal wealth instead of using it to protect the public and sound a serious warning that the pandemic was going to be a lot worse than President Trump was saying.

Right?
Quote:

Neither senator appears to have yet commented on the transactions. Members of Congress are prohibited by law from trading on “material, nonpublic information” derived from their positions.
https://slate.com/news-and-politics/2020/03/republican-senators-inside
r-trading-accusations-coronavirus.html





Tricky. If it were you what would you have done? If you knew a tsunami of big bad was coming and it would in all likelihood tank the market, would you sell off stocks AND not tell your constituents? If you tell people to look out you might make the market - and just daily life - tank even worse, a run even. Which is a bigger problem? Trying to quietly preserve your investments or inducing panic? I don't think I can blame them too much no matter how selfish and disgusting it looks. Even on top of how much I hate these guys to begin with. Money makes people do things.

NOT tricky. It is called Insider Trading: the illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information. It is right up there with other white collar crimes such as income tax evasion, another crime that is very seldom prosecuted in America. I KNOW Texans who commit insider trading and tax evasion. They see themselves as brave heroes, but you don't have to be brave. You only have to be a sneaky, twisty crook, which matches what the Texans I know are. It just so happens that GOP Senators and Presidents are also sneaky, twisty crooks who constantly praise capitalism and their own brilliance. Funny how the crooks I know in Texas are all rich Republicans.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly




lol

Second is White Collar Virtue Signalling.

Yup. I'm sure the guy who fires all of his imaginary Republican employees, suggests killing their bosses and taking everything they own and has called for the assassination of the President and said he knows how to get away with it would be the one single stand-up guy who would go down with his sinking stock portfolio.

Shut the fuck up dude.



Do Right, Be Right. :)

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Friday, March 20, 2020 1:14 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by 6IXSTRINGJACK:

lol

Second is White Collar Virtue Signalling.

Yup. I'm sure the guy who fires all of his imaginary Republican employees, suggests killing their bosses and taking everything they own and has called for the assassination of the President and said he knows how to get away with it would be the one single stand-up guy who would go down with his sinking stock portfolio.

Shut the fuck up dude.



Do Right, Be Right. :)

Virtue signalling is an accusation by Trump lovers who have no virtues. How is that working out for you, 6ix? Are you getting ahead by being worthless and useless to world? It just so happens that GOP Senators and Presidents are also sneaky, twisty crooks who constantly praise capitalism and their own brilliance. Funny how the crooks I know in Texas are all rich Republicans, as were the Senators who got caught but won't be prosecuted. They have to report their insider stock trading but the Justice Department, controlled by the GOP, certainly won't prosecute. Justice won't prosecute Trump's income tax evasion, either.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Friday, March 20, 2020 1:19 PM

CAPTAINCRUNCH

... stay crunchy...


Quote:

Originally posted by second:
NOT tricky. It is called Insider Trading: the illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information. It is right up there with other white collar crimes such as income tax evasion, another crime that is very seldom prosecuted in America. I KNOW Texans who commit insider trading and tax evasion. They see themselves as brave heroes, but you don't have to be brave. You only have to be a sneaky, twisty crook, which matches what the Texans I know are. It just so happens that GOP Senators and Presidents are also sneaky, twisty crooks who constantly praise capitalism and their own brilliance. Funny how the crooks I know in Texas are all rich Republicans, as were the Senators who got caught but won't be prosecuted.



NOT that kind of tricky - their crime is easy to spot.

"Tricky" in what would you have done? Would you have bailed on the market to save yourself and your loved one's future? Or would you have done nothing and watched it melt like an ice cube in the summer sun? You can't put other people's words back in their mouth or shut your ears after they tell you, "Senator, as your financial advisor I would like to let you know that in our best estimation the market is about to free fall... you might want us to look to that." So what do you do once you hear that?

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Friday, March 20, 2020 1:30 PM

6IXSTRINGJACK


Quote:

Originally posted by second:
Quote:

Originally posted by 6IXSTRINGJACK:

lol

Second is White Collar Virtue Signalling.

Yup. I'm sure the guy who fires all of his imaginary Republican employees, suggests killing their bosses and taking everything they own and has called for the assassination of the President and said he knows how to get away with it would be the one single stand-up guy who would go down with his sinking stock portfolio.

Shut the fuck up dude.



Do Right, Be Right. :)

Virtue signalling is an accusation by Trump lovers who have no virtues. How is that working out for you, 6ix? Are you getting ahead by being worthless and useless to world? It just so happens that GOP Senators and Presidents are also sneaky, twisty crooks who constantly praise capitalism and their own brilliance. Funny how the crooks I know in Texas are all rich Republicans, as were the Senators who got caught but won't be prosecuted. They have to report their insider stock trading but the Justice Department, controlled by the GOP, certainly won't prosecute. Justice won't prosecute Trump's income tax evasion, either.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly



Read the Captain's reply, fuck face.

Even he knows that you're so full of shit that it's coming out of your ears right now.

Do Right, Be Right. :)

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Friday, March 20, 2020 4:34 PM

CAPTAINCRUNCH

... stay crunchy...


Quote:

Originally posted by 6IXSTRINGJACK:

Read the Captain's reply, fuck face.

Even he knows that you're so full of shit that it's coming out of your ears right now.




Hardly. If it weren't for second, Jo, T, Shiny (where is Shiny?) and few others, this place would be a wasteland.

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Saturday, March 21, 2020 10:56 PM

JO753

rezident owtsidr


If Trump and the GoPs werent bungling incompetents, its likely there woud be no crash. It like they are driving the bus and can see where its heded and we cant. All we can see iz them diving out the door wen its too late.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Saturday, March 21, 2020 11:19 PM

6IXSTRINGJACK


Meh... I think this was bound to happen sooner or later. Both of us were saying that, even though we had no idea what would trigger it.

I think if anything some lessons need to be learned here. The DOW is a terrible monstrosity of an invention that is used to siphon wealth from the middle class and give it to the rich and powerful. Always has been, always will be.

There have been people who have done well with it over the decades. Enough for this to sound like more conspiracy land babble on my part. But at the end of the day it's the major crashes like this that time and time again have made a large shift in wealth of people in the country, and made the quality of life that much worse in its wake.

It's ridiculous that it almost hit 30k in recent months when you look at the quality of living for most Americans and how low it is compared to the late 90's and early 2000's.

Wages have been stagnant for 20 years, yet the stock market was 30k? Something about that doesn't reek to most people?


Try to keep in mind as well that at the current level we're still nearly 5k more than we were before the crash of 2008 happened.





BTW... Has anybody heard from JSF? I'm actually kind of worried about him right now. I think he's been just about obsessed with the DOW numbers the last few years as the TDS sufferers have been about Trump.

Do Right, Be Right. :)

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Sunday, March 22, 2020 3:54 AM

JO753

rezident owtsidr


Hiz last post in this thred wuz the 16th. Funny how that seemz so long ago.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Sunday, March 22, 2020 4:06 AM

JO753

rezident owtsidr


Quote:

Originally posted by captaincrunch:
If it weren't for second, Jo, T, Shiny (where is Shiny?) and few others, this place would be a wasteland.



xanks, CC.

The bad gize can win wen we are divided. Dividing us haz been made eazier with the anonymity tradition uv the internet. Paranoia and disinformation help keep us separated and powerless.

Cant even get RL frendz to klik links kuz they fear getting hacked.

I notist yesterday that therez a warning before the web adress here: "!Not secure" in red.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Sunday, March 22, 2020 9:18 AM

6IXSTRINGJACK


Quote:

Originally posted by JO753:
Hiz last post in this thred wuz the 16th. Funny how that seemz so long ago.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .




The thing is, this thing wasn't just going to keep climbing to a million, and almost everybody thinks that they're an expert when the good times are rolling.

I hope he was. I hope anybody here that was at least somewhat heavily invested in the market saw all of this coming and pulled out and didn't lose their asses.

And for anybody who is looking at this as an opportunity to buy back in, man I hope you time that right too.

Do Right, Be Right. :)

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Sunday, March 22, 2020 9:23 AM

6IXSTRINGJACK


Quote:

Originally posted by captaincrunch:
Quote:

Originally posted by 6IXSTRINGJACK:

Read the Captain's reply, fuck face.

Even he knows that you're so full of shit that it's coming out of your ears right now.




Hardly. If it weren't for second, Jo, T, Shiny (where is Shiny?) and few others, this place would be a wasteland.



I know you guys are like fake buddies, but sadly, that's not what your two replies to second about this issue imply.

Do Right, Be Right. :)

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Sunday, March 22, 2020 10:56 AM

6IXSTRINGJACK


https://www.theguardian.com/commentisfree/2020/mar/21/us-senators-accu
sed-coronavirus-insider-trading-are-a-symbol-moral-bankruptcy


So... um... yeah.

Here's the deal. People had literally weeks to stock up on things when news reports were coming out about the virus making its way to the states after spreading all over china and other parts of the world first.

But they didn't.

They waited until the Legacy Media made everybody panic, and that's why it's a chore to find a freakin' roll of toilet paper today.


If this was truly insider trading based off of knowledge that wasn't public then at the very least that should be made headline news until their respective elections so the proles can vote them out and put somebody as equally morally bankrupt in to replace them.

But chances are they were just around people who were taking it a lot more seriously as part of their job descriptions and they saw the writing on the wall and didn't want to go down with their portfolios.

There was plenty of warning that something was coming. Yet most normal people didn't buy toilet paper until they couldn't buy toilet paper anymore.


Are we honestly going to pretend that your average American with a 401k is responsible enough to be a shepherd of their own money and future when they never exhibit that behavior anywhere else in their lives?


All I have to say is THANK GOD THAT GWB DIDN'T GO THROUGH WITH PRIVATIZING SOCIAL SECURITY.

Do you even remember when that was a thing?

https://en.wikipedia.org/wiki/Social_Security_debate_in_the_United_Sta
tes


I do. I've got plenty of posts here dumping on him for even suggesting it, as well as using that and the banning of gay marriages on a national level as the two wedge issues that got him re-elected at the time.


Jesus Christ. Imagine if he had done that. How many people right now wouldn't even have any Social Security benefits to look forward to in their retirement?

Would we be adding another 10 Trillion to the deficit to bail out idiots that gambled all of their future Social Security away and gave it to the 1%'ers that are going to grow even more powerful after the COVID-19 panic subsides?

Do Right, Be Right. :)

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Sunday, March 22, 2020 11:30 AM

CAPTAINCRUNCH

... stay crunchy...


Quote:

Originally posted by JO753:
Quote:

Originally posted by captaincrunch:
If it weren't for second, Jo, T, Shiny (where is Shiny?) and few others, this place would be a wasteland.



xanks, CC.

The bad gize can win wen we are divided. Dividing us haz been made eazier with the anonymity tradition uv the internet. Paranoia and disinformation help keep us separated and powerless.

Cant even get RL frendz to klik links kuz they fear getting hacked.

I notist yesterday that therez a warning before the web adress here: "!Not secure" in red.




Haken has not added an ssl cert to this puppy yet - https - don't really blame him. Google is pushing web sites to get ssl certificates - maybe they get a kick back?

I meant to mention Wish - knew I would forget someone. And Brenda is still the nicest person ever to post on this forum. Ever. Although... I get the feeling she could wield an angry axe if needed.

It's going to be interesting to see what happens in the next 1-5 months and years! There might be a lull in c-19 activity this summer. That could be good or bad. I'm going to take the time to fill our larder and fix the still.

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Sunday, March 22, 2020 11:41 AM

6IXSTRINGJACK


Quote:

Originally posted by captaincrunch:

Haken has not added an ssl cert to this puppy yet - https - don't really blame him. Google is pushing web sites to get ssl certificates - maybe they get a kick back?



Yup. This is why I changed my name temporarily to 6ixStringJoker a while back there, but then I lost/forgot the password to that login as well as the burner email account I created for it when I had a computer crash.

Nothing changed here (at fff.net), it was just my browser (Firefox) had been updated at that point and screamed about any websites that did not comply.

It's actually pretty rare outside of this website for me to get that warning anywhere else, but it still happens.


I'm not too worried about it. Whatever. It's not as if every single thing we've ever written, texted or said on the phone in the last 25 years isn't stored on a server somewhere anyways. Nobody is anonymous.

Do Right, Be Right. :)

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Sunday, March 22, 2020 1:00 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by captaincrunch:
Quote:

Originally posted by second:
NOT tricky. It is called Insider Trading: the illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information. It is right up there with other white collar crimes such as income tax evasion, another crime that is very seldom prosecuted in America. I KNOW Texans who commit insider trading and tax evasion. They see themselves as brave heroes, but you don't have to be brave. You only have to be a sneaky, twisty crook, which matches what the Texans I know are. It just so happens that GOP Senators and Presidents are also sneaky, twisty crooks who constantly praise capitalism and their own brilliance. Funny how the crooks I know in Texas are all rich Republicans, as were the Senators who got caught but won't be prosecuted.



NOT that kind of tricky - their crime is easy to spot.

"Tricky" in what would you have done? Would you have bailed on the market to save yourself and your loved one's future? Or would you have done nothing and watched it melt like an ice cube in the summer sun? You can't put other people's words back in their mouth or shut your ears after they tell you, "Senator, as your financial advisor I would like to let you know that in our best estimation the market is about to free fall... you might want us to look to that." So what do you do once you hear that?

I decided to check around to find out what legislators that are NOT American Republicans would do. I found an example in Denmark:

Thompson: I have to admit that it’s rather jarring to hear about a country agreeing in a matter of days to do something this big. Your government could spend more than 10 percent of your GDP before July. Meanwhile, in the U.S., we’re still debating the size of government-signed checks that citizens might not receive for several months. There is a profound difference in both the speed and size of the government response. [Over email, we worked out that this is the equivalent of approximately 13 percent of the country’s GDP. In the U.S., that would be about $2.5 trillion.] (Individual Congressmen bailed themselves out almost instantaneously by selling their stocks. I am extremely familiar with how Texas' Republican Congressmen go about their job; they look after themselves first, last, always.)

Larsen: I have to say that the decision-making process in Denmark has been very extraordinary. We have 10 parties in Parliament. From the very left-wing to the really, really right-wing. And they all agree. There is nearly 100 percent consensus about this. And that’s really amazing. People are convinced that it’s wise to do this now.

More at "Denmark’s Idea Could Help the World Avoid a Great Depression"
www.theatlantic.com/ideas/archive/2020/03/denmark-freezing-its-economy
-should-us/608533
/


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, March 23, 2020 6:46 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Global stocks and US futures plunged again on Monday as governments worldwide lock down their cities and the United States stalls on a massive stimulus package meant to help Americans handle the coronavirus pandemic.
www.cnn.com/2020/03/22/investing/dow-futures-limit-down-sunday/index.h
tml


Dow Jones futures pared sharp losses in Monday morning's pre-market trading session, along with S&P 500 futures and Nasdaq futures, after triggering the "limit down" rule Sunday night after Congress failed to reach a deal on a $2 trillion stimulus package.

Remember that overnight action in Dow futures doesn't necessarily translate into actual trading in the next regular stock market session.
www.investors.com/market-trend/stock-market-today/dow-jones-futures-co
ronavirus-news-stock-market-crash-apple-stock
/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, March 23, 2020 9:57 AM

6IXSTRINGJACK


$2 Trillion stimulus package now, huh?

Remember a week ago when it was just $1 Trillion?

Let's just make it 10. It's all monopoly money anyway.

Do Right, Be Right. :)

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Monday, March 23, 2020 9:03 PM

JO753

rezident owtsidr


The low point today wuz 18,213. It will cloze below that tomorow. Tomorowz low coud be in the 16z!

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Tuesday, March 24, 2020 5:33 PM

JO753

rezident owtsidr


I got that rong! BUY! BY! Bi! BUY!!!!

wade u minit. too late. missed it.

Did you get in on it JSF? I invested in food.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Tuesday, March 24, 2020 10:41 PM

6IXSTRINGJACK


Quote:

Originally posted by JO753:
I got that rong! BUY! BY! Bi! BUY!!!!

wade u minit. too late. missed it.

Did you get in on it JSF? I invested in food.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .




Actually, it's 20,704 right now.

Anybody else want to pretend they have a clue what they're doing in the DOW and marvel us with their l33t money making skillz?

Do Right, Be Right. :)

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Tuesday, March 24, 2020 10:42 PM

6IXSTRINGJACK


I do have a tip though. Make sure you sell before Tom Hanks and his wife recover.

When they announced that they got sick the stock market made a 2,000+ point rally the next day.

Do Right, Be Right. :)

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Tuesday, March 24, 2020 11:01 PM

JO753

rezident owtsidr


I never claimed to be a mind reader! For all we know, Putin red my post and added 2,000 points just to make me look foolish.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Tuesday, March 24, 2020 11:07 PM

6IXSTRINGJACK


Wasn't really calling you out buddy. Just saying that the whole thing is a big freakin' joke and we're the punchline.



Do Right, Be Right. :)

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Thursday, March 26, 2020 10:50 AM

6IXSTRINGJACK


Seriously, JSF. Send me a PM or something and let me know that you're alright if you don't want to post around here anymore dude. I know I joke probably too much and I can be an asshole, but I'm kind of getting worried about you at this point.

Do Right, Be Right. :)

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Thursday, March 26, 2020 4:55 PM

THG


Quote:

Originally posted by JO753:
I never claimed to be a mind reader! For all we know, Putin red my post and added 2,000 points just to make me look foolish.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .



That's gotta be it buddy.

T


Deep state describes dedicated, educated professionals.

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Friday, March 27, 2020 7:16 AM

JO753

rezident owtsidr


It will be interesting to see if the gainz evaporate after the 2 trillion$ gets uzed up or abzorbed.

Az hyoomungus az it iz, its still only about 1 month & 6 dayz worth uv money flowing thru the economy.

Most likely investorz will start dumping stok the minit they see a drop.

Covid-19 v 2T$ . Will it be like Tyson v Foreman or Tyson v Peewee Herman?

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Friday, March 27, 2020 9:30 AM

6IXSTRINGJACK


Quote:

Originally posted by JO753:
It will be interesting to see if the gainz evaporate after the 2 trillion$ gets uzed up or abzorbed.

Az hyoomungus az it iz, its still only about 1 month & 6 dayz worth uv money flowing thru the economy.

Most likely investorz will start dumping stok the minit they see a drop.

Covid-19 v 2T$ . Will it be like Tyson v Foreman or Tyson v Peewee Herman?

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .



They're already talking about working on the 4th bill as soon as the third one gets signed by Trump today man.

Everybody is a fan of "free" money. But this is going to be completely unsustainable.

At some point, we're going to have to make the choice between hiding out in our houses until the country falls apart, or going back to work and letting the Giant Flying Spaghetti Monster sort them out.

Do Right, Be Right. :)

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Friday, March 27, 2020 9:52 AM

CAPTAINCRUNCH

... stay crunchy...


Quote:

Originally posted by JO753:
It will be interesting to see if the gainz evaporate after the 2 trillion$ gets uzed up or abzorbed.

Az hyoomungus az it iz, its still only about 1 month & 6 dayz worth uv money flowing thru the economy.

Most likely investorz will start dumping stok the minit they see a drop.

Covid-19 v 2T$ . Will it be like Tyson v Foreman or Tyson v Peewee Herman?




I don't see what that does for the economy for very long. Like finding an air pocket for someone trapped in a car that's sinking to the bottom of the lake.

Personally, I wouldn't touch the market until there is a tested, working treatment somewhere. Businesses can't open if we can't work and shop next to each other, and delivery isn't cheap long term. Can't pay the driver if you aren't getting paid.

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Friday, March 27, 2020 11:09 PM

JO753

rezident owtsidr


Good advise.

Still no JSF. Sumbudyz going to haf to fill in for him with hiz daily report.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Friday, March 27, 2020 11:46 PM

6IXSTRINGJACK


I don't think that anybody is going to fill that role, that is unless they want to put on display the great joy they take in the American Economy taking a shit just in hopes that it means Trump won't get elected.

So unless one of us is secretly Bill Maher, I think the daily updates here are done.



Oh. And some better advice. I wouldn't ever touch the market again. Ever. Period.

Do Right, Be Right. :)

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Saturday, March 28, 2020 10:36 AM

THG


T

Deep state describes dedicated, educated professionals.


Ezra Klein, co-founder of Vox, tells Lawrence O'Donnell that President Trump fails to understand the enormity of the economic consequences of the coronavirus pandemic. Ezra says economists tell him this is "what happens if you mix a recession, a financial crisis, a natural disaster and a war."


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Saturday, March 28, 2020 1:37 PM

6IXSTRINGJACK


lol

Nobody listens to the opinions of anybody who is impressed by the term "co-founder of vox".

Do Right, Be Right. :)

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Monday, April 6, 2020 9:49 PM

JO753

rezident owtsidr


Dow clozed at 22,679.99. This is 23.26% off the Record All-Time High on Feb 12th (29,551) and 21.97% hire than the low on March 23rd (18,591.93)

Horray for Putin!

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Wednesday, April 8, 2020 6:58 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Niels Jensen, the founder and chief investment officer of London-based investment adviser Absolute Return Partners, said in a monthly letter to investors that wealth has been running too far ahead of the underlying economy for some time.

In the fourth quarter, household net worth to gross domestic product was a record 545%. “If you have followed my writings for a while, you’ll be aware that total wealth in society cannot grow faster than nominal GDP over the long term, and that every country has a well-defined mean value in terms of the wealth-to-GDP ratio. In the U.S., that mean value is 380%. In other words, when the actual wealth-to-GDP ratio deviates too much from 380%, you know that the ratio will mean revert at some point. You just don’t know when,” he said.

Property and equities are the two asset classes most exposed to a decline in wealth, he said.

Jensen acknowledged that you can’t just sit out a bubble. “One lesson I learned in the late 1980s, when Japanese equities were defying all logic for years, was the need to participate in the rally regardless, even if valuations were ridiculous. Clients demanded it, and the boss expected it,” he said. But he says it was “suicidal” not to protect for the downside via put options for when the wheels eventually come off.

www.marketwatch.com/story/why-one-fund-manager-sees-a-wealth-bubble-pu
tting-property-and-stock-market-at-risk-2020-04-08


The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Wednesday, April 8, 2020 7:46 AM

JO753

rezident owtsidr


Thats an interesting idea.

The GDP iz going to be extreemly low this yir. Will the stok market be forst down proportionately?

I woud gess that it wont be proportional, it will be worse kuz there will be a herd panic reaction. Maybe even a chain reaction.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

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Wednesday, April 8, 2020 9:48 AM

6IXSTRINGJACK


Quote:

Originally posted by JO753:
Thats an interesting idea.

The GDP iz going to be extreemly low this yir. Will the stok market be forst down proportionately?

I woud gess that it wont be proportional, it will be worse kuz there will be a herd panic reaction. Maybe even a chain reaction.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .




Hey, if we knew the answer to that, we'd be rich men JO.

By all rights, the DOW should be 8,000 right now and still dropping.

Do Right, Be Right. :)

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Wednesday, April 8, 2020 9:57 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


There have been numerous occasions when the stock market was too high compared to the economy. The market crashed and stayed down until the economy grew enough to justify the high prices from before the crash. And market history tells us that the very deepest bear markets take much longer to return to their previous highs — 7½ years on average.

www.marketwatch.com/story/a-reality-check-for-market-bulls-its-going-t
o-be-a-long-slog-for-stocks-2020-04-08


Bull market peak | bear market | % decline | time to reach previous highs
Oct. 9, 2007 17 months 56.8% 6 years
Mar. 24, 2000 18 months 49.1% 5 years
Aug. 25, 1987 3 months 33.5% <2 years
Jan. 11, 1973 21 months 48.2% 7 years
Dec. 2, 1968 18 months 36.1% <2 years
Sept. 5, 1940 24 months 34.5% 5 years
Mar. 11, 1937 12 months 54.5% 8 years
Sept. 16, 1929 32 months 86.2% 25 years

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, April 13, 2020 6:00 AM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by second:
Look who is insanely proud himself this morning:

Donald J. Trump @realDonaldTrump
BIGGEST STOCK MARKET RISE IN HISTORY YESTERDAY!
7:08 AM · Mar 14, 2020·Twitter for iPhone
https://twitter.com/realDonaldTrump/status/1238799084263260161

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly





Yup. Kind of exactly like you and T having nothing at all to say in JSF's DOW thread until the market tanked.

Exactly like it. Yup.

Do Right, Be Right. :)

Donald J. Trump @realDonaldTrump
This week, in only 4 days, we had the biggest Stock Market increase since 1974. We have a great chance for the really big bounce when the Invisible Enemy is gone!
6:30 AM · Apr 10, 2020
https://twitter.com/realDonaldTrump/status/1248574029289619458

Why the Stock Market Is Healthy as Americans Die

This past week the S&P 500 went up 301 points, or 12 percent, its best performance in 46 years. During the same week, the reported number of Americans killed by Covid-19 went up 11,499, or 161 percent, the coronavirus’s best performance ever. Also last week, over 6 million Americans filed for unemployment. The recent cumulative total of newly-unemployed is 16.8 million people, or about one in ten workers. So this seems like a good time to reevaluate our treasured belief that a rising stock market reflects general human flourishing.

The combination of this bad news with the stock market’s ebullience makes it tough not to think that it actively delights in human suffering. During the 1990s in particular, it was notorious for leaping upward when corporations announced massive layoffs.

This is not the case, however. Rather, the stock market is simply agnostic about human happiness. It’s just a best-guess measure of future post-tax corporate profitability. If future post-tax corporate profitability is compatible with people being alive and having enough to eat, that’s okay. If not, that’s likewise totally fine. We’re just not part of the equation.

Looked at through this lens, the stock market’s latest behavior is easy to understand. As Dean Baker, senior economist at the Center for Economic and Policy Research in Washington, D.C., puts it: “We should take the recent jump to mean that investors are betting that Congress and Trump just gave them lots of money.”

What matters is that the Trump administration will pay any price, bear any burden, meet any hardship to keep big corporations alive and profitable. That is, from the GOP’s perspective, the sole legitimate function of the U.S. government. And given their ferocious commitment and the government’s financial firepower, they have a plausible shot at success.

So get ready for further triumphalist tweets from Trump anytime the stock market goes up.

https://theintercept.com/2020/04/12/why-the-stock-market-is-healthy-as
-americans-die
/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, April 13, 2020 10:41 AM

6IXSTRINGJACK


Quote:

Originally posted by second:

Why the Stock Market Is Healthy as Americans Die



Why would the stock market ever be healthy since Americans Die all the time?

Quote:

...The stock market is simply agnostic about human happiness.


True.

Quote:

It’s just a best-guess measure of future post-tax corporate profitability.


True.

Quote:

If future post-tax corporate profitability is compatible with people being alive and having enough to eat, that’s okay.


True.

Quote:

If not, that’s likewise totally fine. We’re just not part of the equation.


False.

The market wouldn't be doing well if we were starving, and there were already full blown riots out on the streets because everything was shut down and people were stripped of their lives and livelihoods with no end in sight AND no massive bailout on a personal level.

Though corps are making a lot of money right now, individuals are getting a huge amount of money too. I'm not talking about the $1,200 checks for working Americans either. I'm talking about the 39 weeks of unemployment and the $600 additional per week for 4 months, plus boosts to existing programs for low income families and protections from losing them for any reason now (including the $600/week payouts that would normally see millions of families lose medicaid and food stamps in good times).

I think the way this whole thing has been handled (not by Trump, but by state governors that shut everything down) is going to prove to be a HUGE overestimation and devastating long-term for our economy, but nearly everyone will survive and we'll all get back to work and get back to buying a bunch of shit we don't need like good little robots obeying our programming.

THIS is a major component to why the markets started behaving, and to ignore that is stupid.

Quote:

Looked at through this lens, the stock market’s latest behavior is easy to understand. As Dean Baker, senior economist at the Center for Economic and Policy Research in Washington, D.C., puts it: “We should take the recent jump to mean that investors are betting that Congress and Trump just gave them lots of money.”


That is only half the equation, as I stated above. But that's all you read because The Intercept is framing a narrative that you're thrilled to read about.

Do Right, Be Right. :)

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Monday, April 13, 2020 11:02 AM

THG



Quote:

Originally posted by 6IXSTRINGJACK:


Yup. Kind of exactly like you and T having nothing at all to say in JSF's DOW thread until the market tanked.

Exactly like it. Yup.





Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Monday, April 13, 2020 10:41
SHORT URL:
VIEWED: 34927
PAGE 22 of 22

T

Deep state describes dedicated, educated professionals.

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Monday, April 13, 2020 11:13 AM

6IXSTRINGJACK


Quote:

Originally posted by THG:

Quote:

Originally posted by 6IXSTRINGJACK:


Yup. Kind of exactly like you and T having nothing at all to say in JSF's DOW thread until the market tanked.

Exactly like it. Yup.





Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Monday, April 13, 2020 10:41
SHORT URL:
VIEWED: 34927
PAGE 22 of 22

T

Deep state describes dedicated, educated professionals.




Yeah? What's your point, Ted?

CURRENT DOW: 23,146.94



I'm no fan of the DOW, and I think it's gambling even during good times.

But I won't pass up an opportunity to call you idiots out whenever you serve it up on a silver platter for me.

Do Right, Be Right. :)

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Monday, April 13, 2020 12:26 PM

THG


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by THG:

Quote:

Originally posted by 6IXSTRINGJACK:


Yup. Kind of exactly like you and T having nothing at all to say in JSF's DOW thread until the market tanked.

Exactly like it. Yup.





Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Monday, April 13, 2020 10:41
SHORT URL:
VIEWED: 34927
PAGE 22 of 22

T

Deep state describes dedicated, educated professionals.




Yeah? What's your point, Ted?

CURRENT DOW: 23,146.94



I'm no fan of the DOW, and I think it's gambling even during good times.

But I won't pass up an opportunity to call you idiots out whenever you serve it up on a silver platter for me.

Do Right, Be Right. :)



Recently you admitted to wish that Kevin was your name. Who is Ted? If you think that is my name you should back it up with some evidence. Otherwise, I'll know you're just pissed off about your ID being made public, my knowing it, and you are lashing out.

At any rate, answer the question, don’t answer it. No skin off my nose either way Kev.


T


Deep state describes dedicated, educated professionals.

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Monday, April 13, 2020 1:05 PM

SECOND

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at https://www.mediafire.com/folder/1uwh75oa407q8/Firefly


Quote:

Originally posted by 6IXSTRINGJACK:

That is only half the equation, as I stated above. But that's all you read because The Intercept is framing a narrative that you're thrilled to read about.

Do Right, Be Right. :)

In an analysis published Thursday, investor Ned Davis pointed out that the stock market does better than average when unemployment spikes. Davis’ research shows that a jobless rate over 6% correlates with the stock market rising 13.7% per annum.

“When you remove near term bankruptcy risk from every publicly held company regardless of credit rating or near-term financial condition, asset prices should rise,” DataTrek’s Nicholas Colas wrote in a note published on Friday. “Markets know that no matter how bad cash flow might be there is a Fed loan backstop waiting in the wings if needed.”

www.marketwatch.com/story/why-this-screenshot-of-cnbcs-mad-money-host-
jim-cramer-is-everything-that-is-wrong-with-america-2020-04-12




The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Monday, April 13, 2020 3:18 PM

6IXSTRINGJACK


Quote:

Originally posted by THG:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by THG:

Quote:

Originally posted by 6IXSTRINGJACK:


Yup. Kind of exactly like you and T having nothing at all to say in JSF's DOW thread until the market tanked.

Exactly like it. Yup.





Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Monday, April 13, 2020 10:41
SHORT URL:
VIEWED: 34927
PAGE 22 of 22

T

Deep state describes dedicated, educated professionals.




Yeah? What's your point, Ted?

CURRENT DOW: 23,146.94



I'm no fan of the DOW, and I think it's gambling even during good times.

But I won't pass up an opportunity to call you idiots out whenever you serve it up on a silver platter for me.

Do Right, Be Right. :)



Recently you admitted to wish that Kevin was your name.




lol. No I didn't. A deep Google search of my handle and previous post history doesn't show that either, although she claims I said it at some point. I've talked about Kevin Spacey, Kevin Kostner and quoted some links Second has posted that were written by some lefty shill named Kevin Drum, but I've never said my name was Kevin.

That's fine though. I'm alright with the idea that you all think my name is Kevin. You'll have as good of a chance doxxing me one day if you try to find a Kevin in Indiana as you would Jack.

Quote:

Who is Ted?


Ted Bundy. That's your nickname now. You earned it.

Quote:

If you think that is my name you should back it up with some evidence. Otherwise, I'll know you're just pissed off about your ID being made public, my knowing it, and you are lashing out.


lol sure. But that's not the case here. Please, refer to me as Kevin. Kev is fine too.

Do Right, Be Right. :)

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Monday, April 13, 2020 4:01 PM

THG


Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by THG:
Quote:

Originally posted by 6IXSTRINGJACK:
Quote:

Originally posted by THG:

Quote:

Originally posted by 6IXSTRINGJACK:


Yup. Kind of exactly like you and T having nothing at all to say in JSF's DOW thread until the market tanked.

Exactly like it. Yup.





Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Monday, April 13, 2020 10:41
SHORT URL:
VIEWED: 34927
PAGE 22 of 22

T

Deep state describes dedicated, educated professionals.




Yeah? What's your point, Ted?

CURRENT DOW: 23,146.94



I'm no fan of the DOW, and I think it's gambling even during good times.

But I won't pass up an opportunity to call you idiots out whenever you serve it up on a silver platter for me.

Do Right, Be Right. :)



Recently you admitted to wish that Kevin was your name.




lol. No I didn't. A deep Google search of my handle and previous post history doesn't show that either, although she claims I said it at some point. I've talked about Kevin Spacey, Kevin Kostner and quoted some links Second has posted that were written by some lefty shill named Kevin Drum, but I've never said my name was Kevin.

That's fine though. I'm alright with the idea that you all think my name is Kevin. You'll have as good of a chance doxxing me one day if you try to find a Kevin in Indiana as you would Jack.

Quote:

Who is Ted?


Ted Bundy. That's your nickname now. You earned it.

Quote:

If you think that is my name you should back it up with some evidence. Otherwise, I'll know you're just pissed off about your ID being made public, my knowing it, and you are lashing out.


lol sure. But that's not the case here. Please, refer to me as Kevin. Kev is fine too.

Do Right, Be Right. :)


OK I see. Then you are calling me Ted because you're upset and are lashing out. Go for it kev.

T


Deep state describes dedicated, educated professionals.

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