Billionaire investor on Elizabeth Warren as president: Market might not even open

Discussion in 'Wall St. News' started by ETJ, Sep 20, 2019.

  1. Bugenhagen

    Bugenhagen

    Warren on banking reform regulation bringing stability from 1933 to early 1980s, 50 years of stability.

    Warren, now more than ever.




    Unions will back her.

     
    #81     Sep 27, 2019
  2. bone

    bone

    Unions voters and households won’t back her. No way in hell they give up the insurance they bargained decades for. No way in hell they give up gold plated BCBS medical, vision, and dental for freaking Medicare. LMAO. Union leadership may endorse Warren but the voting members and households won’t cast a vote for her. They don’t give up ANYTHING already bargained for.

    And I don’t see the American lower and middle class going along with a 25% VAT and 35% adjusted net income tax rate either. Because you can’t tax the 1% at 100% and pay for it that way. And there’s a very good reason why something like 17 EU Countries dropped their wealth tax - it simply doesn’t work.
     
    Last edited: Sep 27, 2019
    #82     Sep 27, 2019
    MoreLeverage likes this.
  3. Im talking about an actual election you fool. Not a poll.
     
    #83     Sep 28, 2019
  4. Cuddles

    Cuddles

    OK, put all your belongings on Warren not getting a single vote (your argument) as a third (2nd as of this writing) vote in the general.
     
    #84     Sep 28, 2019
  5. S2007S

    S2007S

    As I have been saying for many months, if trump loses this market is going to drop significantly!!!!


    Leon Cooperman: The stock market would drop 25% if Warren or Sanders is elected
    6 Hours Ago
    Billionaire hedge fund investor Leon Cooperman tells "Squawk Box" that he thinks the stock market would drop 25% if Elizabeth Warren is elected president.


    https://www.cnbc.com/video/2019/10/...5percent-if-warren-or-sanders-is-elected.html
     
    #85     Oct 16, 2019
  6. Overnight

    Overnight

    So WHAT!?! The market dropped 20% while Trump WAS in office. See a year ago.
     
    #86     Oct 16, 2019
    Cuddles likes this.
  7. bone

    bone

    Like all politicians - what Warren says and what Warren does are two different things. She'll require a compliant Congress, and I doubt that she could find the Democratic votes to implement most of her agenda because the numbers just don't add up without a host of universal taxes like a national value added tax.

    You could successfully tax the top 1% at 100% and eliminate the Pentagon entirely and it would not pay for what she's proposing. In 2018, the defense budget was 24.8% of the budget. Most of the present budget (~75%) is already mandatory (like entitlements and government pensions).
     
    Last edited: Oct 16, 2019
    #87     Oct 16, 2019
    murray t turtle likes this.
  8. %%
    Even though I dont trust polls much @ all; E Warren is tied with J Biden.Democrat Poll /FOX News.Suits me fine; she is one of the most un-electable person , I've seen in many years.Biden did get VP many , many , many years ago, before Ukraine corruption was well known.:D:D,:D:D:D:D:D:D
     
    #88     Oct 16, 2019
  9. S2007S

    S2007S


    Nearly every president in office has seen a drawback of 10-20% while in office. I'm not talking about that. I'm taking about if trump loses, the market is going to into a downward frenzy ..you'll see... better hope trump wins or this market is in big trouble
     
    #89     Oct 16, 2019
  10. Overnight

    Overnight

    The market is in big trouble if he wins, as well. Because if he does, he will sabotage the economy just to make the next president who comes in look like a loser. Either way, by 2024 we are going to be in a bad place.
     
    #90     Oct 16, 2019