Posted on 12/15/2017 1:43:58 PM PST by Enchante
Widows whose life depends on IRAs are rejoicing!
Thank You President Trump!
Rubio is on board, so is Corker, so is Lee. Even McCain has said “overall this bill will be good for the economy and the American people.” Saint Jeffy will be voting yes.
It’s not over until it’s over, but at this point it looks like the bill will pass.
Schmuck Schumer is wee-weeing on himself right now and Nancy Botoxly is soiling her Depends every hour on the hour.
the final bill is GREAT !!!!!!!!!!!
they fixed EVERYTHING I personally had an issue with!
LOL only 15 miles? Gotta go farther to get away from the swamp!
Yaaaay! My IRAs gonna close way higher two years in a row....
Told my girlfriend this morning that the POTUS should give a prime time, network address to the nation detailing all the great gains that have been made so far. The media, once breathless with reporting jobs numbers each month, refuse to give the economy any coverage at all. He needs to let the American people know what tremendous gains we are seeing. Giving an all-network address is the only way. Otherwise, only FOX would cover it.
Holy Moly!
I remember when the Nasdaq being over 5,000 was a big deal. They said it would never be that high again. Now it’s headed for 7,000.
Wow!
So I ask my Trump hating colleagues . . .so you think it’s a bad deal when the markets hit records and tons of people are being put back to work?
Do you really care about the American people?
They are usually speechless . . . I guess it never occurs to them that this is about real lives, real people, and not the political selfishness of the so called “elites”
The major indexes closed off the highs tho it held on to nice gains.
Seasonally the Dec.positive bias starts next week thru the end of the month. AKA the Santa Claus rally.
Trump said we’ll be saying Merry Christmas, winning too!
I agree with much of that. Times are much different now. Of course even in the 1980s you had liberals dominating the institutions and Reagan was an outsider.
But Reagan was able to schmooze, charm and persuade people. He could get democrats to vote with him which wasn’t easy even in those days. Trump still has a CEO mindset and has not been able to build coalitions and teams. He is pretty much a one-man show. He has his true believers but beyond that he is fairly isolated.
Thank you for sharing that with us.
And the media will be unable to find a reason for it.
what is in it for them?
What we’re seeing is in my view not all that unique from a world history perspective. The Roman Empire was incredibly evil as have been many nations since that time. Allowing people to chose their leaders is not in any way a guarantee of virtuous governance. Rather, it just means that who and what is picked is reflective of the underlying culture. And there is the rub. If your culture is evil, you will have evil governance. While revisionist history is all the rage, this is the underlying problem that Germany had in the 1930s and 1940s.
Politics is downstream of culture (and religion and economics). Trying to fix the problems we face through politics is a doomed strategy as it doesn’t address the underlying problems with the culture. You might as well try to treat cancer with aspirin.
I don’t claim to be a Bible scholar and I’m certainly not a great Christian. But I think the New Testament implies strongly that politics is doomed to failure. In several places.
Fortunately, God does love us and left us his instruction book. His way is not sexy or dramatic and it certainly won’t get us flashy interviews on Foxnews. But it seems to work and I’m tired of failure.
When an IRA disburses their monthly check, the principle will of course be reduced by that amount. However, if the markets are strong, and if the IRA is invested in said markets, the principle does not go down as fast.
The reverse is true as well. Under Obama’s depressed economy, even the original earned money that was put into the IRA in the first place (earned by the deceased husband) can be lost in huge chunks. Even conservative investments have had this happen.
I am not an economist.
I’m a widow, and have observed my tiny IRA maintain its value under the Trump Administration even with the monthly disbursement. Thank God!
Now that is hilarious. Thanks for posting.
I’d argue that President Trump, with his pugilistic behavior and approach is just exactly the man needed for right now given what he, and we are up against.
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