Trump's approval rating is up too. People are desperate for a leader right now and even though he's faking leadership, it's unfortunately working with the easily duped.
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MikeQ
Member
This is a little overblown. The meeting was on February 27th. I sold ALL my stock (and more than he did) a couple days earlier based on the what was in the media. The market started plummeting on the 21st. The S&P had it's largest drop in 5 years between the 20th and the 27th. If he had insider information, he did a pretty bad job of using that information.
People like me without anything but main stream media knew it was time to get out on the 24th.
And apparently it's also legal for any congress member to do this. It just has to be disclosed and congress changed the laws in 2013 to make the disclosure hard to find.
How to Profit from Congressional Insider Trading
President Obama attempted to crack down on the widespread practice of congressional insider trading with the 2012 Stop Trading on Congressional Knowledge (STOCK) Act. The law instituted strict online financial disclosure requirements for elected representatives and their staff. And it worked... sorta. For a little while.
From 2011 to 2012, the number of stock transactions made by Congress fell by more than half, as they all had to disclose their transactions in a searchable online database. But then in 2013, Congress neutered the law in a quick procedural vote by greatly loosening the online disclosure requirement.
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JRP3
Hyperactive Member
Yup, and if he bumbles his way through this crisis with a reasonably positive outcome there is a good chance he'll beat Biden. Right now he and the Republicans are sounding much more like socialists than the corporate Dems. A few months of cash payments to people and some free healthcare for Covid will open the door to UBI and Medicare for all, which Biden is against. Trump can say "We'll look into extending it", even if they don't actually do it.
RealClearPolitics - Election Other - President Trump Job Approval
Doesn't really look "up", yet...
And again comparative polls in a whole bunch of states show Biden has a better shot against Trump than Sanders.
For better or worse, he's probably the best chance.
Doesn't really look "up", yet...
And again comparative polls in a whole bunch of states show Biden has a better shot against Trump than Sanders.
For better or worse, he's probably the best chance.
JRP3
Hyperactive Member
JRP3
Hyperactive Member
The right moving left. Maybe rebranding "Socialism" as "Americanism" is the way to sell it.
Norbert
TSLA will win
As far as I am concerned, any "ism" is suspect.
If one needs an "ism" to address extreme inequality, something is wrong already. Just my 2 cents.
JRP3
Hyperactive Member
We already have an "ism" which is failing, have to replace it with something.
Cmon man, if you looked at all the polls over the last few months you will see most have Biden vs Trump a few points ahead of Sanders vs Trump. Especially at the state level.
Futhermore, another positive of Bidens current polling position vs Trump
Donald Trump starts 2020 in the worst polling position since Harry Truman - CNNPolitics
Norbert
TSLA will win
JRP3
Hyperactive Member
That's my point, the difference is small. For quite a while most polls showed Sanders doing better than Biden against Trump, before the DNC machine went all in on Biden. If Trump gets pushed left on key issues Biden will be in trouble.
JRP3
Hyperactive Member
We have to have names for systems, convention is they end with "ism". A new naming scheme won't change whatever the underlying principle ends up being.
Norbert
TSLA will win
Well, I don't think it is a question of having a "system" either, or of having an "ideology battle". Any system is more than likely to have its own points of failure, as is so-called human nature as such. I see it as a question of recognizing the problems and their significance, and looking to directly address them, first. Changing "The System", in the sense of a different "ism", would be a much larger, long term "project", even if it made sense. The upcoming vote will be primarily to unseat T, and not a vote to install a new "ism". Bernie has a lot of support for taking serious specific problems, as opposed to doing a little bit here and a little bit there, or "all of the above". However he doesn't have the required large scale support to install a new system or ideology, even if he became the nominee by a few percent within the democratic party. So I think his talk about "ism" and ideology is his biggest mistake, his largest distraction, and perhaps the reason he won't be the nominee.
JRP3
Hyperactive Member
I think ideology is most often brought up by his detractors, with the implication that he's going to try and completely end capitalism, which is of course not the case. We have a mix of capitalism and socialism right now and his argument is that we need to expand some aspects of socialism so we can have a better functioning society. Biden's message of "Let's go back to the Obama years" isn't necessarily going to work since they produced the conditions which gave us Trump.
MikeQ
Member
Don't let Obama off the hook, either. Hope and Change quickly became neoliberal Extend and Pretend.
MikeQ
Member
I'm fine with that. I'm not a socialist. I'm a capitalist. It's the only system that works.
I liked Obama. Voted for him twice. I couldn't stomach Hillary. I voted against her. There's a lot more of people like me than there are socialist.
Most people like the idea of free free free but when we start talking about how it's going to get paid for, most people don't like it because they know that "tax the rich" means tax the middle class.
I never mentioned socialism or tax the rich. I'm a capitalist, not a socialist.
My major issues with Obama were on wars and the banks. Remember, the two major failures of Bush were the Iraq War and the Financial Crisis. It's why Obama got elected. Obama did nothing to address these two and arguably made both worse. And this helped elect Trump because Trump campaigned against more wars and the Fed.
Norbert
TSLA will win
All democracies have a mix of government and private functions. AFAIK there is no "capitalism" without government functions. Maybe the US has less than some other countries, but I think pure capitalism (for lack of a better term) is a fiction of conspiracy theorists for whom government as such is almost the same as conspiracy aka deep state and so on. While T and his supporters seem to often lean in that direction, I think it is playing far too much into their hands to talk about a mix of "isms", when the US is probably already more capitalistic than most countries. So I don't see the mix of government and private functions as a mix of "isms", even acknowledging that we have an "ism". I think we need less "ism", and less thinking in terms of "ism", not more.
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