Trump BS on interest rates

[Dirty Socialist]

Trump just said the stock market would be 10,000 points higher if the Fed hadn’t raised interest rates.
I think Trump is MADE of bullshit!

[sandensea]

1. The stock market might be 10,000 points higher

had it not been for Dubya's derivatives debacle.

More importantly, we'd probably have 5 million more jobs.

[Disaffected]

2. True that,

I wonder if any regs have been put in place to prevent a recurrence of such a thing.

[0rganism]

3. don't you love empty counter-factual hypotheticals?

they can do anything! observe:
the stock market would be 20000 points higher if Donald Trump were not president.

damn, that's almost too easy. all you need is a false hypothesis and you can draw any "conclusion" you like, whatever it may be.
if triangles had four sides, the earth would be flat.

[Wellstone ruled]

4. He is pissed because of the

extra interest he has to pay on his Prime Plus floating rate Loans. Said this before,best guess is,Trump Crime Syndicate is in a major Cash Crunch and is facing massive defaults.

[leftieNanner]

5. Precisely

His hotel in DC is probably the only one that is doing well, with all the foreign cash being poured into its coffers. His other properties - not so much.

Couldn't happen to a nicer guy!

[Wellstone ruled]

9. That DC Hotel is owned

by the US government and is only a lease type operation. BTW,CB Richard Ellis was the Sales and lease agents on this property. Willing to bet,Trump has not paid a nickel of his lease and the Renovations were most likely rolled into the Lease Covenants.

CB=Charles Blum,Senator Feinstiens Hubby

[Vinca]

6. Don the financial genius. If it hadn't been for dad's bank accounts he'd be flipping burgers.

[leftieNanner]

10. I don't think he would get the plum job

of flipping the hamberders, I think he's be taking out the trash and mopping the bathroom. Putting his initials on that sign on the back of the door.

Can you picture him in one of those McDonalds uniforms?



How does one person burn through hundreds of millions of dollars???

[wishstar]

7. His shutting down government last winter and tariffs hurt the markets

Almost as if he was trying to slow down economy to get interest rates lowered

[Mike 03]

8. If he ever permitted himself to be interviewed by a real economist

they'd surely ask him why, if the economy is as robust as he says it is, he would ever in a million years want to cut interest rates. But they ask that question a lot on Bloomberg radio, although they are careful never to insult his intelligence directly.