Markets going nuts

[marsean]

This is becoming a polarized political issue that most of the markets are worried over a 0.25% rate increase which would expose how fragile the "recovery" of the economy is, since those in the know already are aware it is delicate and leading to a presidential election is no time to expose that. Seems Hillary has been bashing Wall Street all during her campaign but you know that is all for show because of the heavy support she gets from so many of those companies that she runs down and threatens to go after if she gets in the White House. It's all BS. Who is fooling who? In the meantime the projection for next week is about a 15% chance that the Fed will raise rates. In the meantime Trump is throwing dirt on the Fed. All the proposed tax rates for corporations are out there for everyone to see except Hillary's is a big question mark. She has said she plans to raise corporate taxes. We are already the worlds highest. But she wont say a rate. Whoever gets is this will be hashed out with congress anyway, so it is now more of a talking point. Hillary wants it both ways. Trump says bring back the money of US companies from overseas and give them a low tax rate to bring it back and create jobs. Obama is not going to give any company a break. Now the EU has figured out this is their time to charge tax or tax penalty to any overseas companies domiciled in any of their countries, like what they are trying to do with Apple. Ireland gives Apple a really low tax rate, so they get jobs. If we don't make the play to get at least some of the US companies money repatriated, the EU and other places with find a way to tax it that is not going on yet. And this all just shows how weak most of the ecomomies are in Europe too. Brexit still a factor, and the EU is worried. Today they are making statements about the EU is strong even without the UK. OK, lets see.

[alanthick]

[quote=marsean; Ireland gives Apple a really low tax rate, so they get jobs. If we don't make the play to get at least some of the US companies money repatriated, the EU and other places with find a way to tax it that is not going on yet. And this all just shows how weak most of the ecomomies are in Europe too. Brexit still a factor, and the EU is worried. Today they are making statements about the EU is strong even without the UK. OK, lets see.[/QUOTE]

It's interesting you bring up Ireland. My bloody home country. How is it that a wee island country can offer lower corporate taxes that a fuckin behemoth? It should be the other way around.

Sweden is the bench mark for Socialism, but that tax rate shrinks your balls.

Really. What the fuck is going on here? Enough bullshit. It's obvious that a prosperous country saves itself a lot of problems by spreading a bit of wealth around to the "have nots" so as to avoid an uprising.

But when the working class gets close to becoming the "have nots" you will see an uprising . And I think that is what is in the works.

But I could be way off base so feel free to call me a racist, homophobe, gun totin, nascar lovin asshole.

Enjoy your vote XOXO

[DD44DD]

Most of America has forgotten what it is like to be have not,

There is poverty in the United States, and debt, or the ease and ability to accumulate it may be the culprit of a lot of our disease

[marsean]

Originally Posted by DD44DD

Most of America has forgotten what it is like to be have not,

There is poverty in the United States, and debt, or the ease and ability to accumulate it may be the culprit of a lot of our disease

Yessah. You are really right on the truth. There has to be some changes and they have to be real or else it is just same ol, same ol. And excuse me if I say my opinion...I think the Dems have not done well in helping that situation, but it is not just the last 8 years with Obama, it goes further back and nobody takes the bull by the horns and gets anything going to really address it. There are so many choices and a lot of people do not have choices unless they leave from there home area and environment. The way all this has gone down there are a lot of students owing loans but an education is no guarantee of getting a primo job. You can be highly educated but you still have to keep trying and working hard to get ahead. So many feel they can't get ahead. Not everything works for everybody either. So some just are not getting to the top but a liveable wage if they are willing to work should be attainable. Some partnership non profit ventures with backing should be available no matter who gets in White House that can help some to get out of poverty. Hey there are things that can be done, but people gotta cooperate more and for hand-up programs there would be more people getting into job market. If the status quo of our companies moving overseas can be stopped or slowed with incentives to really stay here I have no doubt we would have a much bigger work force and with a job people feel a lot better about their live situation. They can relate better to success.

[marsean]

[quote=alanthick;86934]

Really. What the fuck is going on here? Enough bullshit. It's obvious that a prosperous country saves itself a lot of problems by spreading a bit of wealth around to the "have nots" so as to avoid an uprising.

But when the working class gets close to becoming the "have nots" you will see an uprising . And I think that is what is in the works.
:
But I could be way off base so feel free to call me a racist, homophobe, gun totin, nascar lovin asshole.

No no, No thick. No name calling. There is too much beating up going on all over the place. You're seeing what everybody else is seeing out there and probably as right as anybody.

So here is what I am thinking:

The long term cry of the Dems is to appeal to more of the people and to offer them more of a feeling of belonging.

The Reps want to find their own way and appeal to those who don't like big government telling you how to live your own life.

The belonging to a group and trying to get new immigrants to vote Dem does expand their base, but the question is what have they done for all of them at least for the last 8 years? Are things getting better? It would not seem so if you notice the feeling of the people in poor areas. So maybe the Reps want to earn the respect of a lot more people and actually get improvements and job creation going. Who knows how this will turn out?