this post was submitted on 08 Nov 2024
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[–] QuarterSwede 3 points 5 days ago

We really need to take them at 90% like we used to.

[–] hyperreal 6 points 6 days ago

The impact of Citizens United v. FEC (2010) cannot be overstated.

[–] TrickDacy 17 points 1 week ago (1 children)

Copying what I just wrote elsewhere because it's even more relevant here:

My 401k lost value significantly the week before the election, but has rebounded now. The slime balls who dominate the stock market must have been afraid that Harris would win. This country is disgusting.

[–] QuarterSwede 0 points 5 days ago (1 children)

My 401K was up 6.28% for the last quarter, 11% election week, and post it’s up 21.53%. Not sure what your 401K is investing in compared to mine …

[–] TrickDacy 1 points 5 days ago* (last edited 5 days ago) (1 children)

Hmm, interesting. I couldn't tell you really, other than I selected an option that is supposed to be slightly on the higher-risk/high-growth potential side

[–] QuarterSwede 1 points 5 days ago

I usually go balanced. I’m not a major risk taker and that’s done well for my portfolio over the years.

[–] [email protected] 17 points 1 week ago (3 children)
[–] TrickDacy 12 points 1 week ago (1 children)

It will start trickling down any day now

[–] FlyingSquid 5 points 6 days ago (1 children)

Reagan is in hell, waiting for heaven to trickle down. I'm guessing we'll be waiting even longer.

[–] TrickDacy 3 points 6 days ago

:crying_blood:

[–] [email protected] 9 points 1 week ago
[–] FlyingSquid 1 points 1 week ago

Yes. Absolutely. Just get adopted by one of those 10 and you'll get all the money you want.

Easy peasy lemon squeezy.

[–] [email protected] 13 points 1 week ago (2 children)

Did they win a bet or something?

[–] [email protected] 22 points 1 week ago (2 children)

their companies are expected to do well so the share price goes up. their wealth isn't all cash in a bank, it's mostly owned shares and other assets.

capitalism is a bit silly sometimes

[–] TheDemonBuer 4 points 1 week ago

Only sometimes?

[–] FlyingSquid 2 points 1 week ago (3 children)

Until those 1500% tariffs get put into place.

[–] [email protected] 2 points 6 days ago

And the same asshats that voted for him are going to be paying for these tariffs with higher prices and blame Biden. And the companies are going to make record profits and get more tax breaks and government handouts.

[–] [email protected] 2 points 6 days ago

Don't worry, the consumers will pay that :)

[–] TrickDacy 1 points 1 week ago (1 children)

The wealthy have huge tax cuts to look forward to

[–] FlyingSquid 1 points 1 week ago (1 children)

Huge tax cuts in a country where the economy crashes at most offset the damage. Elon and Zuckerberg would do better not to stick around, but I don't think they're that smart.

[–] TrickDacy 2 points 1 week ago

I'm definitely not implying they are smart or will profit as much from his presidency as they think, but they'll be just fine. They cannot wait to have the American working class subsidize their companies, and that will happen. And the Trumpist morons will somehow love it and swear their taxes are lower too.

[–] [email protected] 6 points 1 week ago

Its stock market gains, so yes.