Posted on 02/12/2020 9:10:29 AM PST by SeekAndFind
The Democrats have failed at everything they’ve tried to get to Donald Trump. What might their next failure be?
Impeachment didn’t work. And neither did spying on the president, which got them to impeachment but not to removal from office.
The Russian investigation flamed out. And removing Trump through the 25th Amendment — claiming he is unfit for office — was a non-starter.
Even the hope that a recession will hit before the election is not only fading, but is now a damn-near technical impossibility.
The Democrats need something.
So what can they try next to make that something happen? With all else failing, there is only one thing big enough that might make people turn against Trump: a crash in the stock market.
It won’t work for a variety of reasons that I’ll get to in a minute. But hear me out as to why this might end up being the Democrats’ last-ditch effort.
The stock market is in an obvious bubble caused by years and years of easy monetary policy by the Federal Reserve, which is too scared to allow interest rates to rise.
People have become accustomed to the market only going up. Even a normal 10 percent or 20 percent correction in stock prices would scare the hell out of Americans.
So why wouldn’t the Democrats go after the vulnerable market? Well, they already might be.
Last week, Democratic senators, including Ohio’s Sherrod Brown, sent a letter to Fed Chairman Jerome Powell asking questions about his bank’s recent massive repurchase (repo) agreements. Powell is scheduled to testify before the Senate Banking Committee this week, and Brown is the ranking Democrat on that committee.
Even a Republican senator is pestering the Fed about its balance sheet, which is ballooning because of the repos it has done recently
(Excerpt) Read more at nypost.com ...
Bump
And do not think for a minute that Soros and his equally slimy and worthy of the death penalty minions will not try to do just that.
Something tells me it could be orchestrated. A ‘blimp’ in 92’ gave us “the worst economy in 50 years”. 2008 harmed McLame. Democrats capitalized on both. This time it would have to be a big crash.
I believe that RGB will announce her retirement in October, making the election a mandate on the supreme court appointment to replace her.
Let’s not forget the dry run market crash the media incited last summer. Remember, “Inverted yield curve never lies...recession dead ahead!!!” That strategy used by the media worked, and the market corrected. That was just a dry run, though, for 2020.
If I were a Trump strategist, I would be preparing a card to play for later when the media attempts to crash the market. I would start planting seeds that as Sanders rises in the Democrat field, the spectre of a socialist taking power may spook the markets. Trump could easily tweet out, “Don’t be surprised if we start to see some market erosion due to the rise of the Socialist Sanders.”
I would get out in front of the media’s attempt to crash the market and subsequently blame Trump policies. I think it’s very important to play this “socialist spectre” card first, before the media orchestrates the next crash.
They tried last October. After an insignificant “inversion” of interest rates, they shouted “recession” through the mouths of so-called “economists.”
That failed. But they never give up. I’m sure they can think of something, with the help of billions of dollars from soros/bezos/gloomberg. All they need is a temporary downturn, and they will shout “recession” from every available orifice, and that will scare some people into delaying their buying decisions, and that will make the numbers go down.
Numbers go up, numbers go down. Whether for the stock market, or an athlete’s performance, there are ups and downs. It’s normal.
Final lines of the Post article:
“The news that a much-better-than-expected 225,000 jobs were created in January was cheered. But that number would have been much larger if the Labor Department hadn’t changed the seasonal adjustments it used in January 2019.
“Without that change, job growth would have been over 350,000”.
I recall that flash crash years ago
So why wouldn’t the Democrats go after the vulnerable market? Well, they already might be.
Last week, Democratic senators, including Ohio’s Sherrod Brown, sent a letter to Fed Chairman Jerome Powell asking questions about his bank’s recent massive repurchase (repo) agreements. Powell is scheduled to testify before the Senate Banking Committee this week, and Brown is the ranking Democrat on that committee.
Even a Republican senator is pestering the Fed about its balance sheet, which is ballooning because of the repos it has done recently
...
Even the Democrats know that the Fed causes crashes and recessions.
The repos maybe due to the shortage of cash in the banking system.
The Fed is still keeping short term rates higher than what the market would charge. They are manipulators.
The FED demonstrated they can mill off the stock market in the 2018 election...
I’ve been saying this is exactly the card they’ll play, all along, as they HAVE to attack the economy to win.
We’ve seen them “dry run” this before..constant media talk of recession, doom & gloom. Freak outs about the Yield Curve inverting, etc.
You can pretty much bank on them attempting to crash the markets this year. It’s only a question of when, and how far things will run before they pull the rug out from under all of us.
In other news, I saw Newt say today that Nutty Nancy is going to “attack Trump on the economy”..by telling people, in essence, “you’re too stupid to realize how bad you have it”. Yeah, that should work..Newt said that’d be like running straight into a granite mountain..but it’s also indicative they KNOW they have to attack the economy to have a snowball’s chance..
The FED demonstrated they can kill off the stock market in the 2018 election...
Remember, you heard it here first. Do not be surprised.
ff
The minute the stock market thinks that Trump might lose, there will be a 20% to 30% correction. Clearly, that is not the current sentiment.
Electing anyone but Trump will result in a stock market correction not seen since 1997.
So far, so good.
Democrats can only kill the market by gaining momentum. Nothing on the horizon suggests that at this time. Weak field.
RE: I believe that RGB will announce her retirement in October
I don’t know about that. She seems adamant on staying on as long as Trump is President.
My retirement is my IRA. If the Democrats try to destroy it, there will be massive trouble.
Where have you been? Trump has mention ed this on more than one ocassion.
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