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UnevenEdge

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Posted
1 hour ago, tsar4 said:

image.png.1444b144d15b87b67b3b706d87dbb9b2.png

Luckily I  think most of them are focusing their anger on Trump and Musk.
They don't hate Americans in general but I wouldn't blame them if they do.

  • Like 1
Posted

My broker is still optimistic about a rebound but he’s put my stuff in a more defensive stance for the next quarter to be safe.  But the economy is tanking, because it turns out that running on vibes, hate, and tarrifs is stupid.  
 

Honestly if the idea is to piss people off enough there’s enough goodwill towards mass infrastructure projects to employ people, they’re on their way.

  • Like 3
Posted

Nah, I'm 100% on board with believing they're intentionally tanking the market so all the stock bros can buy cheap to inflate their worth when shit settles down (i.e. when everyone realizes how bad Rs are for economy [again] and expect Dems to fix everything [again]).

Just a question/matter of how easy it will be to undo what has been done, and the nature of the deeper consequences..

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  • 3 weeks later...
Posted

Trump to Announce Country-Based Reciprocal Tariffs Wednesday

now i'm REALLY interested in this. that is...i'm REALLY interested to see what ag and textile will be in this. 

congress approved an additional bailout for cotton growers here. in this area, it's 85$/acre of cotton, with most fields in the hundreds (you can maths), with additional support for failing market......m'kay. 

i'm going to take a wild guess and i would place bets that these "farmers" - and i do use that term loosely - that are field to port only will be hit hardest. i actually hope so.  NOTHING stays in this country. nothing. 

cotton, peanutes, soy. 

next i would say vehicles for obvious reasons. 

and finally, i think beef. again...same "farms" raise cattle that is...you guessed it: farm to port only. NOTHING stays here. 

just adding my 2cents that absoulutly NO ONE but me asked for. lol

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Posted
3 hours ago, discolé monade said:

Trump to Announce Country-Based Reciprocal Tariffs Wednesday

now i'm REALLY interested in this. that is...i'm REALLY interested to see what ag and textile will be in this. 

congress approved an additional bailout for cotton growers here. in this area, it's 85$/acre of cotton, with most fields in the hundreds (you can maths), with additional support for failing market......m'kay. 

i'm going to take a wild guess and i would place bets that these "farmers" - and i do use that term loosely - that are field to port only will be hit hardest. i actually hope so.  NOTHING stays in this country. nothing. 

cotton, peanutes, soy. 

next i would say vehicles for obvious reasons. 

and finally, i think beef. again...same "farms" raise cattle that is...you guessed it: farm to port only. NOTHING stays here. 

just adding my 2cents that absoulutly NO ONE but me asked for. lol

Farmers get so much government subsidies. Some might be necessary idk anything about that type of stuff.  I also got to look into tariffs countries place on our goods. Idk if these 100% and 300% or 50% tariffs are even real and if they are real, does the tariff get placed on the goods all the time or does something have to trigger the tariff?  Nothing Trump ever says is ever true or completely true. I hate that he makes me have to look shit up. It’s like the son of a bitch is giving me homework. 🫠😆🫠

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Posted

the 'farmers' (those that i mention farm to port, not for american consumption) are some of the biggest welfare queens to date. 

they make money when they fail

this is from 2023, 

 

In 2023, the median income from farming for households operating commercial family farms was $167,550, with a median total household income of $253,496, while the median total household income for all farm households was $97,984, exceeding the median for all U.S. households

2. Subsidies:

Federal farm subsidy programs can significantly impact farmer income. 

Examples of programs include:

PLC (Price Loss Coverage) - $33 billion in taxpayer costs projected for FY24-33. 

Highly subsidized federal crop insurance - $101 billion in taxpayer costs projected for FY24-33. 

ARC (Agriculture Risk Coverage) - $19 billion in taxpayer costs projected for FY24-33. 

It's important to note that the vast majority of farmers do not benefit from federal farm subsidy programs, and the subsidies tend to go to the largest and most financially secure farm operations. this would be the industrial farmers - field to port

not your farmers markets and those small farms that you see fail every year. 

3. Tax Breaks:

Farmers can benefit from various tax breaks, including:

State Tax Credits .

Renewable Energy Credits .

Research and Development (R&D) Tax Credits .

Earned Income Tax Credit for Farmers with Low Income .

Conservation Expense Deductions .

Depreciation .

It's crucial to track all expenditures and understand taxable income and deductions. 

4. Insurance Pay Outs:

Farmers often rely on crop insurance to protect against losses due to natural disasters or other unforeseen events.

The amount of insurance payouts can vary greatly depending on the type of crop, the location, and the severity of the event. 

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Posted

It’s amazing how subsidies so often go to those who don’t need it.  I wouldn’t mind so much if they actually sold their stuff inside the country but to just take up resources for the benefit of so few people here isn’t acceptable. Not unless they’re shipping overseas in an act of charity but I doubt that’s happening. 

  • Like 4
Posted
8 hours ago, 1pooh4u said:

It’s amazing how subsidies so often go to those who don’t need it.  I wouldn’t mind so much if they actually sold their stuff inside the country but to just take up resources for the benefit of so few people here isn’t acceptable. Not unless they’re shipping overseas in an act of charity but I doubt that’s happening. 

oh...there is nothing charitable about these fake ass christians here. i wish you'd come down...just for a long weekend. i'll show you 2 southern worlds. 

one where the reconstruction of 1864 is alive and well, and one that has moved past those obstacles and focuses on their city, tourism, and it's people. 

 

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Posted
5 hours ago, discolé monade said:

oh...there is nothing charitable about these fake ass christians here. i wish you'd come down...just for a long weekend. i'll show you 2 southern worlds. 

one where the reconstruction of 1864 is alive and well, and one that has moved past those obstacles and focuses on their city, tourism, and it's people. 

 

I been nagging my other half to go down to GA. We were supposed to go to FL and I wanted to detour to down your way. lol we’re gonna have to drive because neither of us has proper ID to fly anymore and he can’t even drive in FL or rent a car until he does. Our IDs say “not for federal purposes” despite showing birth certificates and SS cards to get said ID 🙄

  • Like 4
Posted

train? bus?

i traveled by bus back and forth east/west so many times. suck ride if not packed correctly. (snacks water etc)

and vt - d.c. quite a bit by train. and i want to say that was the vermonter? that's not a terrible ride at all. 

and a 11 years ago i took a train up to dc. it wasn't a terrible ride. 

 

  • Like 2
Posted
2 hours ago, discolé monade said:

train? bus?

i traveled by bus back and forth east/west so many times. suck ride if not packed correctly. (snacks water etc)

and vt - d.c. quite a bit by train. and i want to say that was the vermonter? that's not a terrible ride at all. 

and a 11 years ago i took a train up to dc. it wasn't a terrible ride. 

 

I always wanted to travel by train. Like long trip train. Not Metro North bullshit train 

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Posted (edited)
18 minutes ago, 1pooh4u said:

I always wanted to travel by train. Like long trip train. Not Metro North bullshit train 

than...perhaps splurge and take a round trip sleeper.  do they even do those anymore?

holy wow. the silver meteor. that was the train i took in the way back to visit the maternal unit. 

*not in a sleeper. just that train. i remember thinking like silver streak. 

Edited by discolé monade
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Posted (edited)

I still think the only reason he uses tariffs is because he can use them unilaterally.  And with Schumer being the whiny bitch he was, we have to wait two years to possibly get the influence to undo them.

Interestingly, Canada and Mexico were not tarrifed…yet.

Edited by Jman
  • Like 3
Posted

All this so he can give tax breaks to millionaires and MAYBE remove tax on tips. I actually don’t like any of it. Billionaires should pay more in taxes and tips are earnings. If they maybe want to only tax a certain amount or not tax until a certain amount, fine, but no tax at all isn’t right either. 

  • Like 5
Posted

It's a poor and middle class tax hike. I hate the word tariff. Just obfuscates what's really going on, which is simply put... class warfare. No matter what language is used though, when people see the rising prices and feel the pain economically, they're gonna know. And the idea that this is to bring manufacturing back... puhlease. That's just to give the media a chance to talk about this and analyze it as if there's some kind of actual strategy at play here, but doing them by country like this in a blanket fashion makes it pretty clear that this is just ultimately another con. It's no wonder they delayed this whole announcement till after the markets closed. Just look at where the dow futures are right no and it's like ruh roh!

Dow futures tumble 1,000 points on fear Trump’s tariffs will spark trade war: Live updates

  • Like 6
Posted
1 hour ago, Insipid said:

49 percent on Cambodia. Yeah, the clothing from sweatshops is such a threat for American industry. 🙄

 

RDT_20250402_1817152893784700184903675.jpg

That was a Tuberville push because Cambodia exports catfish and shrimp and Tuberville has declared himself the Mr. Nimbus of seafoods. 

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  • Haha 4
Posted

Judging by the reactions from the pro-Trump crowd, this is entirely about making others suffer.  Even if they suffer too, they figure their whole lives are suffering, might as well make others feel miserable.

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Posted
9 minutes ago, Jman said:

Judging by the reactions from the pro-Trump crowd, this is entirely about making others suffer.  Even if they suffer too, they figure their whole lives are suffering, might as well make others feel miserable.

I noticed that suddenly MAGAts love taxes and suffering through the pain will be worth it because only woke people hate tariffs. Don’t matter that this is all a collection plate for the super rich. As long as the libs are owned nothing else matters 

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Posted

Comes as no surprise from a party that has embraced "empathy is a weakness."

MD will be here shortly to demonstrate how great everything is as long as you don't care about trying to be a good person.

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Posted
3 minutes ago, André Toulon said:

Yay, republicans doing more virtue signaling and just as much nothing a Democrats

They can’t go against the cult.  If this was President Vance he would have been called an idiot 50 different ways in public and 100 in private.

  • Like 5
Posted (edited)

I found out why Cambodia is so high, and it's really stupid. It's just because Cambodia exports much more to the US than it imports.

"In 2024, Cambodia exported goods worth $9.92 billion to the US, up 11.4%, while US imports to Cambodia amounted to $264.15 million, up by 2.7%. Total bilateral trade volume between the two nations reached $10.18 billion, a rise of 11.2% over 2023."  

https://m.phnompenhpost.com/national/cambodia-tops-list-of-new-trump-tariffs-49-#:~:text=In 2024%2C Cambodia exported goods,rise of 11.2% over 2023.

264.15m divided by 9.92b is about 2.7 percent. This mean the US has about a 97 percent trade deficit, which Trump is calling a tariff against the US.

image.thumb.jpeg.cb11f36333b3207c28b235c904bda732.jpeg

 

The sad thing is the average American won't understand the simple math involved here. This is one of the many reasons Republicans are gleefully gutting the Department of Education.

Edited by Insipid
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Posted (edited)

Yep, I was right. Also, notice how any deficit below 10 percent is rounded up to 10, to make it easier for the bullshit "reciprocal tariffs." The ones in negative percentage points are net importers. Trump is punishing net importers. 🙄

 

RDT_20250403_1241561975421401356312406.jpg

Edited by Insipid
  • Like 7
Posted

The original New Deal and utterly massive investment nets into infrastructure, arts, and the like followed the Great Depression.  When MAGA’s are thrown out, you likely will see the same sort of re-investment and re-hiring if for no other reason than to get money moving again out of that space beneath the mattress.

  • Like 2
Posted

People are getting stupid richer off this plummeting stock market or they will. This entire crashing of the stock market is on fuckin purpose.  Some already made their millions in stock dumps and they’ll make their billions off of buying stocks low knowing they’ll rebound big time 

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Posted
1 minute ago, 1pooh4u said:

People are getting stupid richer off this plummeting stock market or they will. This entire crashing of the stock market is on fuckin purpose.  Some already made their millions in stock dumps and they’ll make their billions off of buying stocks low knowing they’ll rebound big time 

All according to plan.

Shame we'll never be able to hold them accountable even if it does come to light that they literally schemed this on Yahoo messenger or some shit.

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Posted
3 minutes ago, rpgamer said:

All according to plan.

Shame we'll never be able to hold them accountable even if it does come to light that they literally schemed this on Yahoo messenger or some shit.

Trump and his clan of cocaine ogres are already making a killing off their meme crypto. Then they got nerve to continue to complain about Nancy Pelosi and her probable insider trading 

  • Like 1
Posted

Is it insider trading if you see it from ten miles away?

I still took it on the chin with my brokerage and that was despite shielding as best I could.  When the all clear comes to lift these tarrifs, I expect the values to skyrocket.  Folks are buying cheap I bet waiting for that moment.

  • Like 3
Posted

I’m saying what Pelosi has been accused of idk wtf you call what Trump and Musk are doing. She probably did get insider info from her venture capitalist husband. I really dk what you call tanking an entire economy and stock market on purpose to get stocks fucked so you can buy low and sell high.  

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