seems like trump was warned and ignored everything
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Anonymous
They knew the market was going to tank, because they had intelligence on the spreading pandemic. So, they sold their stocks while the market was close to 30,000. - not a finance person |
Anonymous
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The party of the GOP is dead. Dead, I tell you. Poof! Gone.
Reputation is rubble. |
Anonymous
https://www.investopedia.com/terms/s/shortselling.asp |
Anonymous
Shorting the market is betting the market will go down, so in addition to selling stocks at a high, you can also "loan" shares to sell and then buy them back when the market tanks. That is what happened in "Trading Places" if you didn't understand how the Dan Akroyd and Eddie Murphy charcters got rich while bankrupting the Dukes. |
Anonymous
Not just warned. They ran simulations, identified areas where there was a lack of preparedness and still proposed cuts to the CDC https://www.nytimes.com/2020/03/19/us/politics/trump-coronavirus-outbreak.html This is willful/intentional on the part of the administration to destroy the US. |
Anonymous
Well deserved.... |
Anonymous
If you're not outraged you're not paying attention. |
Anonymous
Holy crap! from the article: "The October 2019 report in particular documents that officials at the Departments of Homeland Security and Health and Human Services, and even at the White House’s National Security Council, were aware of the potential for a respiratory virus outbreak originating in China to spread quickly to the United States and overwhelm the nation. “Nobody ever thought of numbers like this,’’ Mr. Trump said on Wednesday, at a news conference. In fact, they had." |
Anonymous
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Np here. I used to work on biosecurity and pandemic preparedness policy (10 years ago). There is nothing about the spread of this novel coronavirus and the weakness in our healthcare infrastructure that wasn't known more than a decade ago.
Ten years ago, people were working on strengthening our ability to deal with a pandemic like this one. Ten years ago, this was the one area of homeland security weakness identified by the 9/11 report that hadn't seen much improvement. |
Anonymous
yes |
Anonymous
+1 |
Anonymous
| Trump is now lying and claiming he is a savior. That shit is the one who drove us into the ditch. |
Anonymous
| Trump is not exactly an intelligent man he is a liar and he’s a cheat. His worshippers are not exactly intelligent people either... half of them don’t think the virus is real. |
Anonymous
| Wishful thinking on his part. Raising a warning in mid January would have sent a shudder through the markets and that is the basis for his re-election campaign. Now he simply denies he wasn’t on top of it saying he knew it was a pandemic before others. It’s remarkable that he can lie and say everything in the past is fake news. But his supporters believe it. |
Anonymous
+1 million |