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   CONSPRCY      How big is your tinfoil hat?      2,445 messages   

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   Message 1,267 of 2,445   
   Rob Mccart to MIKE POWELL   
   Re: Is AI ruining social   
   15 Apr 25 01:11:00   
   
   TZUTC: -0500   
   MSGID: 1000.consprcy@1:2320/105 2c63a486   
   REPLY: 985.consprcy@1:2320/105 2c610427   
   PID: Synchronet 3.20a-Linux master/acc19483f Apr 26 202 GCC 12.2.0   
   TID: SBBSecho 3.20-Linux master/acc19483f Apr 26 2024 23:04 GCC 12.2.0   
   BBSID: CAPCITY2   
   CHRS: ASCII 1   
   RM>> Yes, it's like insider trading except it's legal..  (Questionably)   
      
   MP>Not sure it really is legal, though, in this case.  If he helped people   
     >like Schwab, who isn't in Congress, make a bunch of money, that means that   
     >folks outside of the White House knew what was going to happen.  Chances   
     >are Trump told them.  Pretty sure that isn't legal.  ;)   
      
   I suppose in that case his plans on world tariffs are not like knowing   
   what a single company is going to do, but people should know by now   
   how much the markets move every time he makes a change. It's the same   
   affect but the scope makes it a lot harder for normal people to make   
   any use of it, but very wealthy people certainly could..   
      
   I wonder at times if he is a twit or he thinks everyone else is   
   and that he can trick/manipulate them saying by ridiculous things.   
      
   He said yesterday that his tariff policies are working wonderfully   
   and used as proof that last week the US Markets had their biggest   
   one day gain in many years.. Somehow he forgot to take into account   
   that that huge gain was only because the market was partially   
   recovering from the biggest losses in ages, and are still lower   
   than before he took office.   
      
   MP>We have actually been getting some intermentent news about US manufacturers   
     >closing plants up there.  They are closing, or delaying, them here also.   
      
   There's going to be a lot of pain before you see much gain I think.   
      
   And I know we have companies here that sell 90% of their products   
   to the USA so they are possibly going to close completely, unable   
   to pick up enough buyers in other countries for their products.   
   And duty free store sales are way down and many small businesses   
   near the border that have relied of tourist dollars on both sides   
   of the border are in serious trouble.   
      
   Then there are companies like Apple who lost $638 Billion in   
   market capital in 3 days after Trump started in on China.   
   Those are products that a lot of Americans want to buy and   
   they won't appreciate paying more than double the cost for them.   
      
   ---   
    * SLMR Rob  * A pedestrian hit me and went under my car   
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