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   BBSID: CAPCITY2   
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   RM> A new story today said that Trump is telling people to buy or sell   
   RM> stocks just before he announces a tariff (or postpones one) so the rich   
   RM> can make money from the bouncing markets..   
      
   DW>That smells like just propaganda from the media.  Was that CNN or MSDNC?   
      
   That was on our national news but Mike Powel my Sysop on this BBS   
   also heard al about it down there.   
      
   DW>Stocks are not short term investments.  Anyone panicing and selling   
   shouldn't   
     >be playing the stock market.   
      
   Depends who you are.. For years I was a Day Trader with my own funds.   
   At times I would buy and sell the same stock as many as 3 times in one   
   day as the value fluctuated. If you're good at that you can make   
   more money in one day on a stcok than you would just holding it   
   for a year. But when people asked what I do for a living I used to   
   tell them I was a professional gambler because that's what it is.   
   You guess right and make a lot of money, you guess wrong and you lose.   
      
   RM> Too many rich, powerful people are losing money   
      
   DW>Which was part of the plan.  Those rich are usually Elitists who do nothing.   
      
   I don't think Trumps plan was to eliminate rich people..   
      
   RM> I couldn't quickly find current figures for the USA but in that search   
   RM> what came up was the estimate that, if the tarrifs currently on hold   
   RM> come through and stay, it will cost the USA over 2 million jobs.   
      
   DW>Propaganda again.   
      
   Estimates from numerous sources, but of course the worst case estimates   
   are the ones that make the news. That all remains to be seen but I   
   have a feeling things are not going to go anything like Trump hopes   
   and expects them to. He won't be in power for enough years to pull   
   you out of a borderline recession as he tries to take on the world.   
      
   RM> There's already been a car plant in Canada and one in Mexico and   
   RM> one in the USA that have shut down 'temporarily' while they try to   
   RM> sort out how to survive the automotive tariffs.   
      
   DW>Well, Canada can do what many other countries have done: negotiate and get   
   th   
     >tariffs dropped.   
      
   Right.. he's offered us 2 ways out of it. To either move all our   
   car plants to the USA, and lose 125,000 direct jobs and many times   
   that support jobs, or join the USA as the 51st state..   
      
   DW>Maybe if you guys elected a useful PM, like Pierre (sorry, can't spell his   
   la   
     >name) things will get better.   
      
   I'm not sure why Pierre Poilierve would be of much use. Mostly he is   
   more like Trump than the others. They say he will turn Canada into   
   the USA in all but name, cutting services, cutting health care and   
   making the gov't smaller and almost impossible to deal with if you   
   have a problem and cut taxes for the rich..   
      
   That said, Mark Carney is a banker and will cause problems of his   
   own. He is still ahead for the past 4 or 5 weeks, but only by   
   about 5% now. I've said in the past that what would be best is   
   for a Minority Gov't to be elected. Without the power to do much   
   unless another party backs them up, that tends to mitigate the   
   amount of damage they can do..   
      
   That said, Carney's small 5% lead is like the Polular vote, and   
   a lot of huge areas virtually always vote liberal so the number   
   of districts the Liberals will win are very likely to be a lot   
   better than just 5% higher.. But I never believe the predictions   
   until after the votes are in..   B)   
      
   ---   
    * SLMR Rob  * When did your wild oats turn to shredded wheat?   
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