October Surprise

Discussion in 'Politics' started by CaptainObvious, Sep 28, 2024.

  1. It may not be what you think it will be. Typically, it's some scandalous shit, but this cycle may be different.
    The looming ILA strike is a big f'n deal. They strike, things get ugly fast. The administration pulls Taft-Hartly out and that won't play well with blue collar across the board. They do nothing, the supply chain goes to shit in a week, two tops. Shortages, inflation, economic chaos ensues. It goes a month and whoever the next president is will be dealing with the fallout.
    ILF President is a straight up mob boss type, very unlikable character, but his boys love him. This isn't in the news too much, but will get headlines as of Tuesday if they strike. Markets going to get sketchy too.
    People will ask, who you want trying to moderate this? Trump has an edge in that department. Plenty of experience wheeling and dealing with the union bosses in New York and elsewhere. He may capitalize on this. Stay tuned, and watch your trades/investments closely. Might get real.
    "Analysts point out that the White House has few options especially just weeks before the presidential elections. Trade organizations and elected officials are all pressuring the administration to intervene. It could invoke the Taft-Hartley Act which would mandate a cooling off period and negotiations. Short of that, its only option is outreach and cajoling the two sides back to the negotiating table."
    White House Meets with Terminal Operators Ahead of Looming ILA Strike (maritime-executive.com)
     
    vanzandt likes this.
  2. notagain

    notagain

    Longshoremen trying to keep up with inflation that was intentionaly caused by Biden.
    So begins a wage price spiral.
     
  3. spy

    spy

    Don't worry, if we re-elect the economically illiterate everything will correct itself.
     
  4. newwurldmn

    newwurldmn

    I hear a lot of my MAGA friends say that with complete seriousness as they vote for trump.
     
    Spike Trader, Ricter and Tuxan like this.
  5. Tuxan

    Tuxan

    1st-rule-DKE (1).jpg
     
  6. Democrats showed how much they really supported unions when they prevented the railroad workers from going on strike. Now we get to see again how much Democrats supports unions.
     
  7. poopy likes this.
  8. This is priceless

     
    Tuxan, Frederick Foresight and poopy like this.
  9. spy

    spy

    Well, Kamala & Trump are politicians... it would be wrong to expect either of them to govern as economists. Again, I simply see it as a lesser of two evils but you and the true believers refuse to accept this.

    TBH you share all the faults of the "ultra MAGA" crowd. To think you are somehow morally superior is delusional. I've said it about a 1000 times... you're the pot calling the kettle black.

    The first lesson of economics is scarcity: There is never enough of anything to satisfy all those who want it. The first lesson of politics is to disregard the first lesson of economics.
    --- Thomas Sowell​
     
  10. newwurldmn

    newwurldmn

    My maga friends say the same thing:“the lesser of two evils”
    now here’s 100 posts about how Kamala is terrible.
     
    #10     Sep 29, 2024