Current Events > Does Joe Biden even care that the stock market is crashing?

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Pepys Monster 02/11/22 2:20:29 PM #1:	What exactly is he doing? --- Ryzen 3700X \| Evga GTX 1070 Ti \| 16GB DDR4 3200 \| Crucial MX500 2TB <cite>Pepys Monster posted [p:962564244] in Does Joe B... [t:79894728]...</cite> <quote>What exactly is he doing? </quote> ... Copied to Clipboard!
Irony 02/11/22 2:21:15 PM #2:	Stick to your stalker gimmick --- I am Mogar, God of Irony and The Devourer of Topics. <cite>Irony posted [p:962564268] in Does Joe B... [t:79894728]...</cite> <quote>Stick to your stalker gimmick </quote> ... Copied to Clipboard!
MFBKBass5 02/11/22 2:23:39 PM #3:	Stock market crashing is affecting the wealthy and the elite. Let it burn. --- !!!!!!!!! http://i.imgur.com/DzJSPWA.jpg <cite>MFBKBass5 posted [p:962564334] in Does Joe B... [t:79894728]...</cite> <quote>Stock market crashing is affecting the wealthy and the elite. Let it burn. </quote> ... Copied to Clipboard!
toreysback 02/11/22 2:24:09 PM #4:	hodl --- A Flock Descends Into the Pentagonal Garden <cite>toreysback posted [p:962564350] in Does Joe B... [t:79894728]...</cite> <quote>hodl </quote> ... Copied to Clipboard!
Sexypwnstar 02/11/22 2:25:20 PM #5:	MFBKBass5 posted... Stock market crashing is affecting the wealthy and the elite. Let it burn. They already sold and reaped profits... --- http://i.imgur.com/Su4g5.jpg http://i.imgur.com/21DiJ.jpg <cite>Sexypwnstar posted [p:962564378] in Does Joe B... [t:79894728]...</cite> <quote>MFBKBass5 posted... </cite> <quote>Stock market crashing is affecting the wealthy and the elite. Let it burn.</quote> They already sold and reaped profits... </quote> ... Copied to Clipboard!
Kaiganeer 02/11/22 2:25:28 PM #6:	time for the elevator to come down to the ground floor so more people can get on it <cite>Kaiganeer posted [p:962564380] in Does Joe B... [t:79894728]...</cite> <quote>time for the elevator to come down to the ground floor so more people can get on it </quote> ... Copied to Clipboard!
bluezero 02/11/22 2:26:27 PM #7:	Joe Biden controls the stock market? --- https://i.imgur.com/hBtvVNu.png <cite>bluezero posted [p:962564403] in Does Joe B... [t:79894728]...</cite> <quote>Joe Biden controls the stock market? </quote> ... Copied to Clipboard!
Trumpo 02/13/22 2:55:34 PM #8:	bluezero posted... Joe Biden controls the stock market? <cite>Trumpo posted [p:962616956] in Does Joe B... [t:79894728]...</cite> <quote>bluezero posted... </cite> <quote>Joe Biden controls the stock market?</quote> </quote> ... Copied to Clipboard!
Yuuko-Chan 02/13/22 2:57:49 PM #9:	bluezero posted... Joe Biden controls the stock market? Not completely but we know how the DNC likes insider trading especially Pelosi --- Mac Book Pro 16 - 6-Core i7-9750H @ 2.60GHz - 32gb DDR4 2667 MHz - Radeon Pro 5500M 8gb - 2TB Apple SSD Now Playing: Metroid Dread, Tales of Arise, Dead By Daylight <cite>Yuuko-Chan posted [p:962617001] in Does Joe B... [t:79894728]...</cite> <quote>bluezero posted... </cite> <quote>Joe Biden controls the stock market?</quote> Not completely but we know how the DNC likes insider trading especially Pelosi </quote> ... Copied to Clipboard!
Error1355 02/13/22 2:58:14 PM #10:	Look at Joe go. --- Welcome home, shed your skin and expose your bones. Take my hand, follow us into the black so far that we can't get back. <cite>Error1355 posted [p:962617014] in Does Joe B... [t:79894728]...</cite> <quote>Look at Joe go. </quote> ... Copied to Clipboard!
Guerrilla Soldier 02/13/22 2:59:23 PM #11:	who --- Disclaimer: There's a good chance the above post could be sarcasm. Die-hard Oakland A's fan --- Keep the A's in Oakland! <cite>Guerrilla Soldier posted [p:962617040] in Does Joe B... [t:79894728]...</cite> <quote>who </quote> ... Copied to Clipboard!
AltyMcAltface 02/13/22 2:59:55 PM #12:	bluezero posted... Joe Biden controls the stock market? he's gotta go to Wall Street and give em one of his firm "Listen here, Jack"s and tell em they're gonna start rising and they're gonna start rising now --- "Altenticity is invaluable. Originality is warned/suspended." - Derp Darmusch <cite>AltyMcAltface posted [p:962617050] in Does Joe B... [t:79894728]...</cite> <quote>bluezero posted... </cite> <quote>Joe Biden controls the stock market?</quote>he's gotta go to Wall Street and give em one of his firm "Listen here, Jack"s and tell em they're gonna start rising and they're gonna start rising now </quote> ... Copied to Clipboard!
Solid Snake07 02/13/22 3:00:16 PM #13:	The S&P being less than 10% down from all time highs is not a market crash my dude. --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:962617062] in Does Joe B... [t:79894728]...</cite> <quote>The S&P being less than 10% down from all time highs is not a market crash my dude. </quote> ... Copied to Clipboard!
IllegalAlien 02/13/22 3:00:42 PM #14:	lol? did you only start investing a month ago or...? try googling the DOW and set the chart to 1yr... tell me it's crashing again --- "Never argue with an idiot, they drag you down to their level, then beat you with experience." <cite>IllegalAlien posted [p:962617076] in Does Joe B... [t:79894728]...</cite> <quote>lol? did you only start investing a month ago or...? try googling the DOW and set the chart to 1yr... tell me it's crashing again </quote> ... Copied to Clipboard!
Spiritlittle 02/13/22 3:01:24 PM #15:	bluezero posted... Joe Biden controls the stock market? --- Official Fujin of the Mortal Kombat 11 board. Trails of Cold Steel is the most underappreciated JRPG series ever. <cite>Spiritlittle posted [p:962617091] in Does Joe B... [t:79894728]...</cite> <quote>bluezero posted... </cite> <quote>Joe Biden controls the stock market?</quote> </quote> ... Copied to Clipboard!
Solid Snake07 02/13/22 3:02:56 PM #16:	MFBKBass5 posted... Stock market crashing is affecting the wealthy and the elite. Let it burn. and, yknow, anyone with a retirement account that has market exposure. Which means basically all of them. --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:962617130] in Does Joe B... [t:79894728]...</cite> <quote>MFBKBass5 posted... </cite> <quote>Stock market crashing is affecting the wealthy and the elite. Let it burn.</quote> and, yknow, anyone with a retirement account that has market exposure. Which means basically all of them. </quote> ... Copied to Clipboard!
Bishop9800 02/13/22 3:05:07 PM #17:	Yuuko-Chan posted... Not completely but we know how the DNC likes insider trading especially Pelosi Who's alt is this? --- There are enough attention whores on CE as it is. <cite>Bishop9800 posted [p:962617189] in Does Joe B... [t:79894728]...</cite> <quote>Yuuko-Chan posted... </cite> <quote>Not completely but we know how the DNC likes insider trading especially Pelosi</quote> Who's alt is this? </quote> ... Copied to Clipboard!
IllegalAlien 02/13/22 3:06:36 PM #18:	Yuuko-Chan posted... Not completely but we know how the DNC likes insider trading especially Pelosi HAHAHA yeah man, republicans would never do anything like that, they're too good and christian and white right? --- "Never argue with an idiot, they drag you down to their level, then beat you with experience." <cite>IllegalAlien posted [p:962617229] in Does Joe B... [t:79894728]...</cite> <quote>Yuuko-Chan posted... </cite> <quote>Not completely but we know how the DNC likes insider trading especially Pelosi</quote>HAHAHA yeah man, republicans would never do anything like that, they're too good and christian and white right? </quote> ... Copied to Clipboard!
Phantom36 02/13/22 3:06:48 PM #19:	Sexypwnstar posted... They already sold and reaped profits... This. You know they have legal loopholes that effectively legalize insider trading if you're "in the club." --- The Phantom has spoken! <cite>Phantom36 posted [p:962617233] in Does Joe B... [t:79894728]...</cite> <quote>Sexypwnstar posted... </cite> <quote>They already sold and reaped profits...</quote> This. You know they have legal loopholes that effectively legalize insider trading if you're "in the club." </quote> ... Copied to Clipboard!
Paragon21XX 02/13/22 3:18:10 PM #20:	MFBKBass5 posted... Stock market crashing is affecting the wealthy and the elite. Let it burn. It also affects everyone with 401(k)s and other retirement investment accounts (HSAs, IRAs, etc). Are you willing to screw them over, too? Think before you post next time, m'kay? --- Hmm... <cite>Paragon21XX posted [p:962617488] in Does Joe B... [t:79894728]...</cite> <quote>MFBKBass5 posted... </cite> <quote>Stock market crashing is affecting the wealthy and the elite. Let it burn.</quote>It also affects everyone with 401(k)s and other retirement investment accounts (HSAs, IRAs, etc). Are you willing to screw them over, too? Think before you post next time, m'kay? </quote> ... Copied to Clipboard!
Solid Snake07 02/13/22 3:34:38 PM #21:	Paragon21XX posted... It also affects everyone with 401(k)s and other retirement investment accounts (HSAs, IRAs, etc). Are you willing to screw them over, too? Think before you post next time, m'kay? obviously its worth burning the vast majority of people if itll put a dent into the net worth of the ultra wealthy who wont really feel that hit at all, right?! --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:962617855] in Does Joe B... [t:79894728]...</cite> <quote>Paragon21XX posted... </cite> <quote>It also affects everyone with 401(k)s and other retirement investment accounts (HSAs, IRAs, etc). Are you willing to screw them over, too? Think before you post next time, m'kay?</quote> obviously its worth burning the vast majority of people if itll put a dent into the net worth of the ultra wealthy who wont really feel that hit at all, right?! </quote> ... Copied to Clipboard!
g980 02/13/22 3:46:04 PM #22:	Phantom36 posted... This. You know they have legal loopholes that effectively legalize insider trading if you're "in the club." how would insider trading help against a market wide crash do you even care about making sense --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:962618132] in Does Joe B... [t:79894728]...</cite> <quote>Phantom36 posted...</cite> <quote> This. You know they have legal loopholes that effectively legalize insider trading if you're "in the club." </quote> how would insider trading help against a market wide crash do you even care about making sense</quote> ... Copied to Clipboard!
Sackgurl 02/13/22 3:50:29 PM #23:	Paragon21XX posted... It also affects everyone with 401(k)s and other retirement investment accounts (HSAs, IRAs, etc). Are you willing to screw them over, too? Think before you post next time, m'kay? what do you think this actually means do you understand how 401ks work or how a person's risk exposure is supposed to be set up or are you shitposting g980 posted... how would insider trading help against a market wide crash the argument, however stupid it is, is that they (they = politicians I don't like) knew the crash would come and sold their shares before announcing policies that triggered it nevermind that selling also requires a buyer --- LittleBigPlanet is like merging dress-up with a real game. <cite>Sackgurl posted [p:962618240] in Does Joe B... [t:79894728]...</cite> <quote>Paragon21XX posted... </cite> <quote>It also affects everyone with 401(k)s and other retirement investment accounts (HSAs, IRAs, etc). Are you willing to screw them over, too? Think before you post next time, m'kay?</quote> what do you think this actually means do you understand how 401ks work or how a person's risk exposure is supposed to be set up or are you shitposting g980 posted... </cite> <quote>how would insider trading help against a market wide crash</quote> the argument, however stupid it is, is that they (they = politicians I don't like) knew the crash would come and sold their shares before announcing policies that triggered it nevermind that selling also requires a buyer </quote> ... Copied to Clipboard!
g980 02/13/22 4:00:01 PM #24:	Sackgurl posted... what do you think this actually means do you understand how 401ks work or how a person's risk exposure is supposed to be set up or are you shitposting the argument, however stupid it is, is that they (they = politicians I don't like) knew the crash would come and sold their shares before announcing policies that triggered it nevermind that selling also requires a buyer What is your argument that stock market crashes arent bad for people that are pulling from their 401k/ira for income? And politicians are a small subset of the 'elite' that also cant predict market crashes --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:962618471] in Does Joe B... [t:79894728]...</cite> <quote>Sackgurl posted...</cite> <quote> what do you think this actually means do you understand how 401ks work or how a person's risk exposure is supposed to be set up or are you shitposting the argument, however stupid it is, is that they (they = politicians I don't like) knew the crash would come and sold their shares before announcing policies that triggered it nevermind that selling also requires a buyer </quote> What is your argument that stock market crashes arent bad for people that are pulling from their 401k/ira for income? And politicians are a small subset of the 'elite' that also cant predict market crashes</quote> ... Copied to Clipboard!
Sackgurl 02/13/22 4:08:18 PM #25:	g980 posted... What is your argument that stock market crashes arent bad for people that are pulling from their 401k/ira for income? the fact that if you're at or near retirement age and not a 35 year old with too much free time, a fiduciary would not have you heavily invested in stocks (definitely no more than 50%, and likely less, so you'd be selling other assets than the temporarily depressed equities) and the fact that for the past 20-30 years, the benefit of a fiduciary has been available to every person with a 401k who, after realizing they don't know as much as they think, simply put their money in the "target retirement date" funds which automatically rebalance as you approach the age where you'd need to draw down and couldn't respond to volatility like a person our age should: by doing nothing if you are actively drawing down from your 401k as a primary income stream and you're invested heavily in stocks that you sell to generate that income stream, you're a fucking idiot also why are you asking me this? you already knew that. --- LittleBigPlanet is like merging dress-up with a real game. <cite>Sackgurl posted [p:962618674] in Does Joe B... [t:79894728]...</cite> <quote>g980 posted... </cite> <quote>What is your argument that stock market crashes arent bad for people that are pulling from their 401k/ira for income?</quote> the fact that if you're at or near retirement age and not a 35 year old with too much free time, a fiduciary would not have you heavily invested in stocks (definitely no more than 50%, and likely less, so you'd be selling other assets than the temporarily depressed equities) and the fact that for the past 20-30 years, the benefit of a fiduciary has been available to every person with a 401k who, after realizing they don't know as much as they think, simply put their money in the "target retirement date" funds which automatically rebalance as you approach the age where you'd need to draw down and couldn't respond to volatility like a person our age should: by doing nothing if you are actively drawing down from your 401k as a primary income stream and you're invested heavily in stocks that you sell to generate that income stream, you're a fucking idiot also why are you asking me this? you already knew that. </quote> ... Copied to Clipboard!
g980 02/13/22 4:51:23 PM #26:	Sackgurl posted... the fact that if you're at or near retirement age and not a 35 year old with too much free time, a fiduciary would not have you heavily invested in stocks (definitely no more than 50%, and likely less, so you'd be selling other assets than the temporarily depressed equities) and the fact that for the past 20-30 years, the benefit of a fiduciary has been available to every person with a 401k who, after realizing they don't know as much as they think, simply put their money in the "target retirement date" funds which automatically rebalance as you approach the age where you'd need to draw down and couldn't respond to volatility like a person our age should: by doing nothing <u>if you are actively drawing down from your 401k as a primary income stream and you're invested heavily in stocks that you sell to generate that income stream, you're a fucking idiot</u> also why are you asking me this? you already knew that. I wasnt aware you had a crystal ball that could predict how long market downturns would last --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:962619789] in Does Joe B... [t:79894728]...</cite> <quote>Sackgurl posted...</cite> <quote> the fact that if you're at or near retirement age and not a 35 year old with too much free time, a fiduciary would not have you heavily invested in stocks (definitely no more than 50%, and likely less, so you'd be selling other assets than the temporarily depressed equities) and the fact that for the past 20-30 years, the benefit of a fiduciary has been available to every person with a 401k who, after realizing they don't know as much as they think, simply put their money in the "target retirement date" funds which automatically rebalance as you approach the age where you'd need to draw down and couldn't respond to volatility like a person our age should: by doing nothing <u>if you are actively drawing down from your 401k as a primary income stream and you're invested heavily in stocks that you sell to generate that income stream, you're a fucking idiot</u> also why are you asking me this? you already knew that. </quote> I wasnt aware you had a crystal ball that could predict how long market downturns would last</quote> ... Copied to Clipboard!
Sackgurl 02/13/22 7:46:02 PM #27:	g980 posted... I wasnt aware you had a crystal ball that could predict how long market downturns would last fiduciaries would tell you that while they have no crystal ball, the longest bear market in american history lasted about two years and a 401k is designed to be drawn down from for a much longer period than two years. i'll tell you that the current downturn has lasted about two weeks and is part of standard annual volatility; the present drop is less than the drops we had over equivalent time periods in 2021, 2020, 2019, and 2018 so like @Paragon21XX was being extremely intellectually dishonest and the point of my post was to ridicule the mindset that every twist and turn of the stock market directly impacts people who trade equities approximately once per year --- LittleBigPlanet is like merging dress-up with a real game. <cite>Sackgurl posted [p:962624445] in Does Joe B... [t:79894728]...</cite> <quote>g980 posted... </cite> <quote>I wasnt aware you had a crystal ball that could predict how long market downturns would last</quote> fiduciaries would tell you that while they have no crystal ball, the longest bear market in american history lasted about two years and a 401k is designed to be drawn down from for a much longer period than two years. i'll tell you that the current downturn has lasted about two weeks and is part of standard annual volatility; the present drop is less than the drops we had over equivalent time periods in 2021, 2020, 2019, and 2018 so like @Paragon21XX was being extremely intellectually dishonest and the point of my post was to ridicule the mindset that every twist and turn of the stock market directly impacts people who trade equities approximately once per year </quote> ... Copied to Clipboard!
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Sackgurl 02/13/22 7:50:07 PM #29:	but also @Pepys_Monster should be slapped in the face with a large trout --- LittleBigPlanet is like merging dress-up with a real game. <cite>Sackgurl posted [p:962624587] in Does Joe B... [t:79894728]...</cite> <quote>but also @Pepys_Monster should be slapped in the face with a large trout </quote> ... Copied to Clipboard!
g980 02/13/22 9:10:25 PM #30:	Sackgurl posted... fiduciaries would tell you that while they have no crystal ball, the longest bear market in american history lasted about two years and a 401k is designed to be drawn down from for a much longer period than two years. i'll tell you that the current downturn has lasted about two weeks and is part of standard annual volatility; the present drop is less than the drops we had over equivalent time periods in 2021, 2020, 2019, and 2018 so like @Paragon21XX was being extremely intellectually dishonest and the point of my post was to ridicule the mindset that every twist and turn of the stock market directly impacts people who trade <u>equities</u> approximately once per year yea i mean the stock market isnt remotely 'crashing' right now (so far) im talking hypothetically --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:962627151] in Does Joe B... [t:79894728]...</cite> <quote>Sackgurl posted...</cite> <quote> fiduciaries would tell you that while they have no crystal ball, the longest bear market in american history lasted about two years and a 401k is designed to be drawn down from for a much longer period than two years. i'll tell you that the current downturn has lasted about two weeks and is part of standard annual volatility; the present drop is less than the drops we had over equivalent time periods in 2021, 2020, 2019, and 2018 so like @Paragon21XX was being extremely intellectually dishonest and the point of my post was to ridicule the mindset that every twist and turn of the stock market directly impacts people who trade <u>equities</u> approximately once per year </quote> yea i mean the stock market isnt remotely 'crashing' right now (so far) im talking hypothetically</quote> ... Copied to Clipboard!
muchdran 02/13/22 10:31:04 PM #31:	Lets be honest, Biden has no idea <cite>muchdran posted [p:962630161] in Does Joe B... [t:79894728]...</cite> <quote>Lets be honest, Biden has no idea </quote> ... Copied to Clipboard!
Sackgurl 02/13/22 10:54:14 PM #32:	g980 posted... yea i mean the stock market isnt remotely 'crashing' right now (so far) im talking hypothetically yes, and hypothetically a person with a 401k who is being guided will will not have heavy stock exposure if they're about to have to sell equities to cover lifestyle expenses yes, some people have badly managed plans--but never because they handed it over to a fiduciary who proceeded to fuck up royally. this process has been so fully automated that to fuck it up, you have to deliberately decline all opportunities for people more knowledgeable than you to steer it properly, and then deliberately make objectively terrible choices with your asset allocation that a person who knew what they were doing would never make. hypothetically sure such people exist, and when the stock market inevitably does fluctuate downward, those people are going to suffer, a lot --- LittleBigPlanet is like merging dress-up with a real game. <cite>Sackgurl posted [p:962630835] in Does Joe B... [t:79894728]...</cite> <quote>g980 posted... </cite> <quote>yea i mean the stock market isnt remotely 'crashing' right now (so far) im talking hypothetically</quote>yes, and hypothetically a person with a 401k who is being guided will will not have heavy stock exposure if they're about to have to sell equities to cover lifestyle expenses yes, some people have badly managed plans--but never because they handed it over to a fiduciary who proceeded to fuck up royally. this process has been so fully automated that to fuck it up, you have to deliberately decline all opportunities for people more knowledgeable than you to steer it properly, and then deliberately make objectively terrible choices with your asset allocation that a person who knew what they were doing would never make. hypothetically sure such people exist, and when the stock market inevitably does fluctuate downward, those people are going to suffer, a lot </quote> ... Copied to Clipboard!
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Current Events > Does Joe Biden even care that the stock market is crashing? (+) Yeah! (+)

Current Events > Does Joe Biden even care that the stock market is crashing?