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Wed Nov 2, 2016, 08:35 AM

 

I attended a very conservative oriented business meeting this morning.

Talk turned to politics and the overriding theme was Trumps instability and what it has and will do to the financial markets. We had a representative from a large investment firm speaking. He talked about the fear of Trump in his industry. They fear instability. They said Clinton is more of the same which is viewed fondly.

I have not fact checked this and don't know how true it is.

He stated markets almost immediately dropped %1.5 after Comey sent his letter. He stated in his industry that alone is frightening.

He also stated our election is directly influencing Mexico's currency. Good news for Trump or bad news for Clinton alone is shifting the value.

I left with a very positive attitude. This was a conservative environment and there was no positive talk about Trump. It was all negative about him from the members.

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Reply I attended a very conservative oriented business meeting this morning. (Original post)
SouthernProgressive Nov 2016 OP
C_U_L8R Nov 2016 #1
Fast Walker 52 Nov 2016 #20
Hestia Nov 2016 #57
Raster Nov 2016 #2
maddiemom Nov 2016 #14
Raster Nov 2016 #28
Hortensis Nov 2016 #52
erpowers Nov 2016 #78
tonyt53 Nov 2016 #3
getagrip_already Nov 2016 #4
Cosmocat Nov 2016 #19
Fla Dem Nov 2016 #38
Divine Discontent Nov 2016 #48
Hortensis Nov 2016 #54
moonscape Nov 2016 #66
still_one Nov 2016 #5
barbtries Nov 2016 #6
geek tragedy Nov 2016 #7
WillParkinson Nov 2016 #26
geek tragedy Nov 2016 #27
LuvLoogie Nov 2016 #30
Lucky Luciano Nov 2016 #40
Divine Discontent Nov 2016 #49
Maeve Nov 2016 #8
Paladin Nov 2016 #9
adigal Nov 2016 #11
SouthernProgressive Nov 2016 #21
adigal Nov 2016 #23
SouthernProgressive Nov 2016 #31
Fast Walker 52 Nov 2016 #22
jmowreader Nov 2016 #41
elmac Nov 2016 #51
mnhtnbb Nov 2016 #77
adigal Nov 2016 #10
BSdetect Nov 2016 #12
world wide wally Nov 2016 #13
Johnyawl Nov 2016 #18
SharonAnn Nov 2016 #70
Coyotl Nov 2016 #24
Wounded Bear Nov 2016 #15
Volaris Nov 2016 #42
Ace Rothstein Nov 2016 #16
Lucky Luciano Nov 2016 #17
dalton99 Nov 2016 #25
BlueCaliDem Nov 2016 #33
shopgirl Nov 2016 #43
annabanana Nov 2016 #32
InkAddict Nov 2016 #34
CajunBlazer Nov 2016 #36
calimary Nov 2016 #37
DemocratSinceBirth Nov 2016 #39
Hekate Nov 2016 #45
dembotoz Nov 2016 #46
TrekLuver Nov 2016 #47
Divine Discontent Nov 2016 #50
hollowdweller Nov 2016 #53
northoftheborder Nov 2016 #56
jg10003 Nov 2016 #58
IronLionZion Nov 2016 #59
progree Nov 2016 #61
spooky3 Nov 2016 #62
ChairmanAgnostic Nov 2016 #65
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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 08:43 AM

1. Any good businessperson knows

Trump is a total financial disaster. His empire is built on bullshit and bankruptcies.

As for Hillary... my bank account has fond memories of the Clinton years and I'm looking forward to 8 strong prosperous years.

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Response to C_U_L8R (Reply #1)

Wed Nov 2, 2016, 09:46 AM

20. Indeed-- I can't see any serious business or stock market person wanting Trump

 

WAY too much instability.

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Response to C_U_L8R (Reply #1)

Wed Nov 2, 2016, 06:08 PM

57. Exactly. Remember the mini recession when * ascended the throne through the SCOTUS. Markets tanked

and they really didn't go up until PBO was inaugurated.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 08:46 AM

2. I work in the financial industry. I can confirm.

A Trump Presidency is NOT viewed as a positive.

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Response to Raster (Reply #2)

Wed Nov 2, 2016, 09:31 AM

14. And yet...

I'm already seeing some Trump supporters (on line) turning this around as proof that Hillary is only for the one percent: because her paid speeches, "one face to the public and another..." stuff.

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Response to maddiemom (Reply #14)

Wed Nov 2, 2016, 10:10 AM

28. The financial markets crave consistency and a touch of well-founded promise...

...both of which are glaringly absent in the Trump persona, his campaign, and -GOD FORBID- his Presidency.

Trump supporters deceive themselves on a daily basis.

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Response to maddiemom (Reply #14)

Wed Nov 2, 2016, 11:36 AM

52. Enemies will spin, but stability is crucial to a healthy nation.

Healthy business is crucial to healthy nations. Both are crucial to our own wellbeing.

We shouldn't be fooled by the yammering of populist barn-burners. Everyone who is not a self-made idiot understands all this. No college needed, just good reasonably sense.

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Response to maddiemom (Reply #14)

Thu Nov 3, 2016, 08:44 AM

78. Trump Is Also A Paid Speaker

Do Trump supporters not know he also gives paid speeches? According to Forbes, in 2005 The Learning Annex paid Donald Trump $1 million per speech for three speeches at real estate seminars. In 2006 and 2007 the same company paid Trump $1.5 million per speech for 17 speeches at real estate seminars. That means Trump made more than both Bill and Hillary Clinton. Actually, he made more per speech than both of them combined. Bill Clinton reportedly takes in about $250,000-$450,000 per speech while Hillary Clinton takes in about $250,000 per speech.

I really do not get how Trump supporters seem to know nothing about their candidate. They claim Hillary Clinton is a liar. Well, Donald Trump lies about almost everything. They claim Hillary Clinton is for the one percent. Yet, Donald Trump's policies benefit the one percent. They claim Hillary Clinton has two opinions on all issues. However, Donald Trump has been on different sides of just about every issue. Hasn't he changed his mind on certain issues multiple times in one day.

http://www.forbes.com/2008/03/18/trump-reagan-blair-biz-media-cx_lh_0318speeches.html

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 08:47 AM

3. Businesses worldwide are watching. Trump could possible bring a collapse of every market.

 

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 08:50 AM

4. I travel a lot for business...

I go into lots of different environments - public, private, guv. I see every level of the org from cable pullers to cxo's.

I have a golden rule: I don't discuss politics, religion or sex. But I hear a lot of those discussions. I have many bloody tongue wounds enforcing the rule.

But the bowels of this country can be very disturbing. Even with people you would think are liberal, you find out very differently.

Its scary. I've rarely heard anyone say what you heard. And that includes gov contractors cursing the shutdown - and blaming it on the dems.

Usually its straight out of brietbart or alex jones. Sure, sometimes it goes the other way and I'm silently giddy, but more often it is dark and scary.

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Response to getagrip_already (Reply #4)

Wed Nov 2, 2016, 09:38 AM

19. YEP

I know a LOT of people who are otherwise intelligent and decent people who are 100 percent sucked into the evil liberal boogyman bullshit.

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Response to getagrip_already (Reply #4)

Wed Nov 2, 2016, 10:31 AM

38. I find in many groups Dems keep their thoughts to themselves. Trumpsters and Tea Baggers are

very vocal to the point of being intimidating. I know I will not discuss politics with RW'ers. I have a friend who is a RW'er, but any discussion of politics and she turns into someone I don't recognize, so it's a topic I avoid like the plague. Otherwise she is a caring, fun person.

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Response to Fla Dem (Reply #38)

Wed Nov 2, 2016, 11:28 AM

48. I share your feelings about a lady I know as well.

She's out west, and a super nice fun person. But, when she focuses on politics, she turns into a rightwing talking head! She'll listen and appreciate the facts I present, but she sticks by her convictions. Now, in saying that, all these years I never would have thought she'd back someone so foul as Trump...

wrong.

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Response to Fla Dem (Reply #38)

Wed Nov 2, 2016, 11:46 AM

54. Exactly. Political discrimination and partisan acting out

are very prevalent these days. Any disagreement with hard-core RWers who spout off like that is very likely to sabotage the goals for meeting with them, and threaten the entire business relationship. Bet Getagrip is only one among many who save the head shaking for later.

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Response to getagrip_already (Reply #4)

Wed Nov 2, 2016, 09:26 PM

66. Living in one of the most liberal areas of CA, I'm not exposed to this, so

this cycle has shaken me to my bones.

How is this going to change? There is such a lack of civility, rationality, education - am at a loss as to what happens after Nov 8 regardless. We're in for a lot of pain, the only question is what form it will take and what's on the other side of it.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 08:52 AM

5. The fact is Wall Street is very concerned about a trump presidency. The vast

majority of Wall Street believe a Trump presidency will be an economic disaster

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 08:54 AM

6. this to me makes sense.

a trump presidency would undermine the stability of the country. they recognize that. sigh.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 08:54 AM

7. it's not the educated, rational conservatives that are voting for Trump

 

It's the uneducated dumbfuck wingnuts and mindless partisan automatons that are.

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Response to geek tragedy (Reply #7)

Wed Nov 2, 2016, 10:07 AM

26. I'm sorry, but....

If the 'educated' people were as smart as it's claimed they are, then they should be turning out in droves to ensure this doesn't happen. If they stay home on election day--not including those who voted early or by absentee--then they may not be as smart as they claim. (Just my own opinion.)

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Response to WillParkinson (Reply #26)

Wed Nov 2, 2016, 10:07 AM

27. some smart people are dumbasses nt

 

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Response to geek tragedy (Reply #7)

Wed Nov 2, 2016, 10:14 AM

30. Trump's campaign is run by educated, rational people;

Paul Ryan is an educated, rational person. They are either bigots themselves or cowards or both. And they don't give a shit about the targets of that bigotry.

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Response to LuvLoogie (Reply #30)

Wed Nov 2, 2016, 10:38 AM

40. Went to high school with one of Trump's biggest backers.

She is a very bright Stanford educated woman - she was quite technical and mathematical. Her little sister actually became a field goal kicker for our HS - and then for Duke. Eventually, they filed a title IX lawsuit against duke when she was cut (but allowed a less qualified man on the team) and won $2 million.

Bekah Mercer is the Trump backer. The kicker was Heather Sue is now a pro poker player. Their father was a researcher at the IBM TJ Watson research facility. A brilliant guy - did the seminal research on natural language processing in the early 1990s. His work is what led to Google Translate eventually. People that tried to program computers to handle language had a hard time making computers understand words and grammar from a set of rules. The father decided that using statistics and machine learning was the way to go and it was beautiful compared to other attempts. Then a guy named Jim Simons at a hedge fund named Renaissance Technologies recruited him to try to make computers understand financial reports instantly. He is now Co-CEO of RenTech and a billionaire named Robert Mercer. He is far to the right of the Birch Society, highly educated, and thoughtful - and trying to make orangefuck our president.

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Response to LuvLoogie (Reply #30)

Wed Nov 2, 2016, 11:29 AM

49. yep, they're educated, no disputing their ability to learn and recite lessons. I just think there

brains are corrupted somehow with a lack of compassion, or understanding what life is like for EVERYONE.

Of course, some are just bigots.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 08:56 AM

8. My financial advisor agrees

He's a youngish Republican, but told me months ago that he wouldn't support Trump and that the market forces are assuming a Clinton win--crazy isn't good for business.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 09:02 AM

9. I've been in contact with my financial guy about it.

If by some God-awful chance Trump wins, I've stipulated immediate and radical action. I'll be God-damned if that lunatic is going to destroy everything my family has worked so hard for.

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Response to Paladin (Reply #9)

Wed Nov 2, 2016, 09:06 AM

11. Would you like to share??? I have a 403b, a few homes. I'm sick over this. nt

 

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Response to adigal (Reply #11)

Wed Nov 2, 2016, 09:47 AM

21. I can't comment on your 403b, I can comment on your homes.

 

How long until you retire? Investors who have multiple homes in their portfolio should have plans for a six to ten year period where they plan on selling them. Mush wider time period than most other investments. Of course equity matters but that is factored into the planned time of the sale of the investments. You should be ok with your homes as long as you are in a respectable mortgage or have them paid off. Rent values will go down and they will go up. Over time the trend will always be up.

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Response to SouthernProgressive (Reply #21)

Wed Nov 2, 2016, 10:02 AM

23. I wanted to retire this year, but still work, just a different profession

 

Thanks for the info. Much appreciated.

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Response to adigal (Reply #23)

Wed Nov 2, 2016, 10:15 AM

31. Many of my investors are selling their homes this year.

 

It's been a solid year for sales in my area. Rents are also dramatically increasing in my area which is helping those who aren't ready to sell yet. I'm talking residential homes. At the same time I have a number of new home investors jumping into the game. The only negative aspect we are witnessing is one of the biggest reasons most of us are fighting for Clinton. Applicants to our smaller units are still in the same place they were eight years ago, for the most part. Give me a 950 sq ft home and I will have a pile of applications, most no good. I will find a quality applicant for a 2500 sq ft home in a day or two. Those at the bottom have really been hurt in my area. I'm sure that is the case across most of the country.

That said, it has always been difficult for those at the lower economic end in my area. We are dominated by the service industry.

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Response to Paladin (Reply #9)

Wed Nov 2, 2016, 09:47 AM

22. yeah, I've been thinking about that, but haven't since a Trump win is still unlikely

 

If he wins, I am cleaning out my funds though... you are not alone in your thinking!

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Response to Paladin (Reply #9)

Wed Nov 2, 2016, 10:42 AM

41. Figure on the markets crashing by Veterans Day if Trump wins

I think a lot of people will go to 100 percent cash in that (unlikely) event; Trump will be very, very bad for the securities markets.

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Response to jmowreader (Reply #41)

Wed Nov 2, 2016, 11:33 AM

51. this is my best guess if Trump is elected

 

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Response to jmowreader (Reply #41)

Thu Nov 3, 2016, 06:06 AM

77. I for one will have sell orders in to convert everything to cash the next day if Trump wins

but I'm increasingly optimistic that it's going to be Hillary in a landslide.

I'm too old to withstand 4 to 8 years of dramatic losses from a Republican presidency.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 09:06 AM

10. NO ONE knows what this nutjob would do!!! Not even his top "advisors"

 

They don't even know if they can keep him off Twitter for the week. Someone asked one of his surrogates what this tells us about him, that they don't even know if they can keep him out of trouble for one week?

It's damn scary, and business people are generally pragmatists. I think they would even have preferred Bernie over Trump.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 09:18 AM

12. drumph is simply ignorant and puerile

He lies and lies and lies. Breaks laws, steals from businesses and individuals. Insults people and countries. Is a narcissist to an amazing extent. Does not reveal tax returns as that would show what a greedy cheat and shit he is.

What more do you need to know?

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 09:25 AM

13. I am catching a distinct split between reality and what the news media is telling us.

I don't know if they are bold faced lying about polls, not to mention the yuuuuuge story about Hillary's emails, or if they are just totally incompetent because then I hear story after story like this. Then the survey of actual voters in Florida or the scholastic news vote among kids which is always accurate.
Is the news media THAT much in the GOP/Trump pocket?

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Response to world wide wally (Reply #13)

Wed Nov 2, 2016, 09:35 AM

18. It's not so much that they're in trump's pocket...


...the media needs a close race with scandals to maintain viewer interest and to give them something to talk about 24x7.

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Response to Johnyawl (Reply #18)

Wed Nov 2, 2016, 10:19 PM

70. Actually, they want to sell ads. That's why they want the eyeballs watching/listening.

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Response to world wide wally (Reply #13)

Wed Nov 2, 2016, 10:05 AM

24. Trump, the GrOPers, and the M$M are in the same plutocratic pocket.

 

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 09:32 AM

15. Recall 1992....

For all of the Repub hand-wringing, when Clinton got in the markets stabilized and started one of the best decades of growth in history. Even with the "tax the rich" strategy, at least is was a real plan, unlike the free-for-all of the previous Repub administrations with inflation driving everything into bigger and bigger market swings.

Dems have always been better for the overall economy than Repubs. Historical fact.

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Response to Wounded Bear (Reply #15)

Wed Nov 2, 2016, 10:45 AM

42. If we jack up the top tax rate like we need to, and leave it there for a decent while

They'll stop missing it. It will be the cost of doing business in the most stable market-economy workforce on the planet. The old guys might not like it, but the next generation of business majors will relearn that you make killings in a capitalist system by investing in RnD and the Next Big Thing.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 09:33 AM

16. The owner of my wife's company is conservative but anti-Trump.

They are a manufacturer who exports a lot of machines and parts. He's very worried about what a Trump win could do for his business.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 09:34 AM

17. I work in finance. Trump is mostly loathed here.

I want a democratic sweep myself, but I think most want Hillary to win to maintain the status quo while keeping a republican congress -also to maintain the status quo - i.e. Nothing gets done.

Saw one guy talking to our economic researchers about the speech orangefuck gave in Arizona a couple months ago - he likened it to a nazi rally filled with vile racism that made this guy want to vomit. Says he is totally voting for Clinton - unfortunately, he also said that he considers her a criminal, but the alternative of orangefuck was too ghastly to comprehend. Then he compared the bush family to the clintons and how he thought the bush family were good people. - I guess we should take his vote! The researcher he was talking to refers to orangefuck in his research reports by "he who shall not be named." The researcher is a business conservative type, but definitely for Clinton on this go around.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 10:05 AM

25. There is a reason corporate execs refuse to endorse Trump

He's a crazy asshole.

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Response to dalton99 (Reply #25)

Wed Nov 2, 2016, 10:17 AM

33. Yep. We know a multi-millionaire family who are Repubs through and through. They use those very

same words - crazy asshole - to describe Trump, and will be voting Hillary Clinton because their business profits have gone UP since Barack Obama became president - although they're racists, nationalists, bigots, and self-proclaimed Nixon-Repubs.

My son works as their 19-year-old son's private caregiver - a 19-year-old son who draws disability benefits for having injured himself in a football game. He's a quadriplegic now. His father and uncle wail about "Democrats give people free stuff!!" while their son draws disability ($1000 per month) while his father's business does half a billion a year and he really does need it! They don't see the hypocrisy in that.

And the names they use to describe President Obama are appalling. My son, a huge Obama fan, cringes every time he hears them talk about our president. But they're at least bright enough to understand that Trump will be disastrous to their bottom line. Republicans always do the right thing when it affects their bottom line, and for no other reason.

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Response to BlueCaliDem (Reply #33)

Wed Nov 2, 2016, 10:57 AM

43. Hypocrisy is the GOP's Middle Name

This type of attitude infuriates me. I have a very Republican, born-again brother-in-law who is on disability and loves to bad mouth "freeloaders." Granted, he absolutely deserves to be on disability, but so do a lot of people who he thinks are less deserving. He also loves to criticize "Obamacare" even though he is on socialized medicine (Medicare) himself as part of his disability insurance. I think that what galls me the most is that he sees no hypocrisy in his attitude.

The man who owns the building I work in is a very wealthy Republican. Although he has reservations about Trump, I am sure he will vote for him anyway, since he has no use for Democrats. I don't think he cares if the stock market crashes, because he is one of those investors who believes that is a prime time to buy. I like this guy in many ways, but for him, like most Republicans I know, it's all about what's good for them and everyone else be damned. In fact, if I talk about voting for the common good, they look at me like I'm a misguided child. They scorn the Peace Corps and any other "do-gooder" organization. It's all about survival of the fittest for them.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 10:17 AM

32. All these money people STILL only have one vote each..

I sincerely hope they all get their rich shiny butts to the polls!

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 10:21 AM

34. Corporate "people" are paralyzed

By personal experience, recruiters have told my DH who is looking for a job that requests and postings for "new hires" have crawled to a trickle, and various projects have been deep sixed or put on hold indefinitely per recruiters. So, politics interfering with business progress while corporations and government colluding to create poverty. Playing the MASH theme.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 10:28 AM

36. Markets hate unknowns and instability

Both are strongly associated with Trump. Prediction if Trump wins, the stock market will take a deep, perhaps temporary dive. If Hillary wins, the stock market will see a substantial, perhaps temporary increase.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 10:30 AM

37. I have heard this again and again through the years. Corporate America doesn't like uncertainty.

Every time Trump says something along the lines of "I want to be unpredictable," that kind of statement sends chills down the spines of industry, Wall Street, the big-ticket financial betters. Above all, as I have heard from commentators and industry insiders and other insider talking heads, they want STABILITY. They don't want the flighty, the flaky, the jittery, the unpredictable, the volatility, the unstable. The money people want steady-as-she-goes. Upheaval is what they DO NOT want, and what they run from, nearly screaming, into the night. And that's what Trump is selling as some sort of "benefit." YIKES!

It makes total sense. Volatility is a bad thing. Especially with the big money people.

https://www.vocabulary.com/dictionary/volatility
Volatility is the trait of being excitable and unpredictable.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 10:33 AM

39. The status quo looks quite good compared to Trump's Fourth Reich./nt

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 11:05 AM

45. He's the KAOS candidate, and chaos isn't good for business

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 11:24 AM

46. they can say what they want but how will they vote

live in a red area that was supposed to be very trump wary.....traditional gop

they squirmed, they wrang their hands, they beat theirs chests.....

but now the trump signs are all over
i mean all over

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 11:27 AM

47. I wonder who they will end up voting for...or against.

 

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 11:30 AM

50. I posted a couple days ago that gold will shoot up 15% if he's elected on Tuesday. He will terrify

the markets! Hopefully, we won't have to worry about him after 11-12 Tuesday nite...

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 11:36 AM

53. If Trump really made good on clamping down on free trade it would hurt big businesses a lot.

 


I mean part of the reason companies have done so well and made so much money is they have been able to get the cheapest labor possible.

If they had to use US workers it would increase their cost of doing business greatly. While Clinton may be against TPP, her history would suggest that while she will try to do something about trade around the edges, and maybe do some things to get peoples standard of living some, but it would be something on a very small scale that would not upset the big guys too much.


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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 06:05 PM

56. Interesting. Just spoke with my planner this AM about the same topic....

He also said things would be volatile financially with Trump win. Said would be stable if Clinton won, BUT, said if the Senate also turned Democratic, little more volatile, than if it remained in Republican control. I didn't like to hear that. He said stability always sides with same old same old, even if totally in gridlock. That's the true conservative view, I suppose. Never change anything, never improve or update or move forward. Ugh.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 07:15 PM

58. I used to work on Wall St. Uncertainty is ...

Always bad for the stock market. If Trump wins expect the dow to drop at least 100 points on Wednesday.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 07:21 PM

59. Trump is bad for everyone

Markets have priced in a Hillary win mainly because we know her policies and what kind of presidency to expect. Many investors have invested on the expectation that Hillary will be our president. Most industries will do well with her in charge as we continue growth. Hopefully with a Dem Senate we can pass policies and end the obstruction of recent years on presidential appointments and common sense legislation.

Trump has not shared his policies and we don't know how crazy things can get. American farms, construction, and other businesses who depend on immigrant labor are going to be screwed when losing their workers.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 08:22 PM

61. About the Mexican Peso -- yes, a tight correlation with Hillary's poll numbers

One chart tells the whole story of the election and it's about to go haywire, Yahoo Finance, 11/2/16
http://finance.yahoo.com/news/mexican-peso-tells-election-story-and-its-about-to-go-haywire-160536119.html

This chart, which comes to us from strategists at Credit Suisse, shows the tight relationship between the odds Democratic nominee Hillary Clinton wins the White House and the strength of the peso.


The chart, from January to present (just click on the below link) --v

http://l1.yimg.com/ny/api/res/1.2/5nVWEWKE2rvQIpDF1T182g--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9NzQ0O2g9NDEy/http://media.zenfs.com/en/homerun/feed_manager_auto_publish_494/e8fcb43a3bd4458fd6797e8eb7a92c82

Hillary's poll numbers are shown in an inverted (upside-down) scale -- so the lower her graph line, the better her poll numbers are.

The Mexican peso is also shown on an inverted scale -- well, what it shows is the number of pesos that the dollar can buy. The lower the graph line, the stronger the peso and the weaker the dollar is (relative to each other). Or to put it another way, the fewer pesos per dollar, the stronger the peso is.

Whew! Anyway, its amazing how the peso follows almost every zig and zag of Hillary's poll numbers for the entire 10 month period.

And the S&P 500 closed today at 2098, down 1.6% from Thursday's close of 2133. (Comeygate was Friday.)

http://finance.yahoo.com/quote/%5EGSPC/history?p=%5EGSPC

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 08:43 PM

62. 7 straight days of stock market losses - investors fear a Trump election. However,

I think if you're bold right now, you can buy some bargains because HRC will win Tuesday and prices will rise after that.

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Response to SouthernProgressive (Original post)

Wed Nov 2, 2016, 09:16 PM

65. Trump will do to the whirled economy what he did to Atlantic City gambling

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