What has Trump done now?

[octave]

1 hour ago, Grumpy Old Nasho said:

Your biggest fear, is fear itself

No my biggest fear is my carefully invested super that I rely on to live getting pissed away by this total moron.  Super performance is closely linked with the stick market.  Who benefits from crashing the market, those multi-million airs who can buy on the dip and make a fortune when the market improves temporarily.

[facthunter]

Justified apprehension when A fool who hasn't a clue goes Berserk with POWER. This is the REAL McCoy Village IDIOT. You'll find out the hard way. Really BAD guys are USING him as he USED the GOP. Extreme Naivety and Misguided TRUST by just 1/2 the voters who bothered.  Cosying up to Putin and Netanyahu and sticking it up all their old Allies. That's good is it?   Nev

[red750]

Trump wants 'big military parade' from Pentagon to White House for his 79th birthday

 

President Donald Trump reportedly wants a 'big military parade' to mark the 250th anniversary of the U.S. Army - a date the coincides with his 79th birthday. 

 

The Washington City Paper reported Sunday that the Trump Administration is looking at holding a parade on June 14th, which is also Flag Day.

 

It would start at the Pentagon in Arlington, Virginia and move into Washington, D.C., concluding at the White House, a source told the alt-weekly. 

 

A White House official told DailyMail.com that 'no military parade has been scheduled.' 

 

That same official did not respond when asked if one was being planned. 

 

D.C. Mayor Muriel Bowser said at a press conference Monday that she wasn't sure if it was being described as a military parade - but confirmed a parade had been pitched to the D.C. government. 

 

'I don't know if it's been characterized as a military parade, but maybe it has, I haven't been directly involved in it yet. I understand that I think it was Homeland Security maybe the White House reached out to our special events taskforce, which is what most people wanting to do a parade to in the District,' Bowser said. 

 

'So I would say that it's at its early stages, yes they have reached out, I don't know if it's being characterized as a military parade,' she added. 

[Marty_d]

Told you.  Delusions of grandeur (delusions of adequacy, in his case).

Next he'll have a funny hairstyle and little hands... oh wait

[Jerry_Atrick]

22 hours ago, Grumpy Old Nasho said:

The stock market will keep climbing steadily for a month, maybe a bit longer. The pause in tariffs is for 90 days, then the market will fall again. Investors will be getting used to it, and make wise choices getting close to the end of the 90days. They'll know what to expect, more or less. 

Don't count on it...

[Jerry_Atrick]

BTW, some economic commentators are framing this story as market manipulation on a grand scale - effectively insider trading or trash and cash - take your pick Chump knew when her was going to pause the tariffs, likely to know that they would have resulted in a rally on the stock market, posted on his social media site that now is a good time to buy and some other cryptic message he is about to make an announcement. And hey presto - he makes the announcement, stocks go up, lots of people profit.

 

 

[old man emu]

 As much as I hate saying it, I think I could develop a defence of "plausible deniability" that his tweet about its being a good time to buy was not market manipulation but a call for people to hold steady and trust the market to recover because he was going to make America great again. However, I am also cynical enough to believe he was into market manipulation for the benefit of billionaires.

 

As for insider trading, how far removed must someone be from a public company to not be considered an insider? It's easy to determine for a single company, but when it might involve the complete share board, how far away must one be?

[ClintonB]

13 hours ago, red750 said:

Trump wants 'big military parade' from Pentagon to White House for his 79th birthday

 

President Donald Trump reportedly wants a 'big military parade' to mark the 250th anniversary of the U.S. Army - a date the coincides with his 79th birthday. 

 

The Washington City Paper reported Sunday that the Trump Administration is looking at holding a parade on June 14th, which is also Flag Day.

 

It would start at the Pentagon in Arlington, Virginia and move into Washington, D.C., concluding at the White House, a source told the alt-weekly. 

 

A White House official told DailyMail.com that 'no military parade has been scheduled.' 

 

That same official did not respond when asked if one was being planned. 

 

D.C. Mayor Muriel Bowser said at a press conference Monday that she wasn't sure if it was being described as a military parade - but confirmed a parade had been pitched to the D.C. government. 

 

'I don't know if it's been characterized as a military parade, but maybe it has, I haven't been directly involved in it yet. I understand that I think it was Homeland Security maybe the White House reached out to our special events taskforce, which is what most people wanting to do a parade to in the District,' Bowser said. 

 

'So I would say that it's at its early stages, yes they have reached out, I don't know if it's being characterized as a military parade,' she added. 

Very much sounding a little bit “North Korean”

[facthunter]

"Little Rocket Man" is a Mate of Trump.    Nev

[red750]

[ClintonB]

Today, the 12 April is the Simpson prediction, look how many other ones have came true,

heres to hoping, we got about 28 hours to go.

 

[rgmwa]

That prediction wasn't in any Simpson's episode. It has been debunked.

[ClintonB]

That’s a shame.

 

[facthunter]

I believe it was in a Simpsons episode but it was AFTER he announced that he was running. Moot point, Trump did NOT expect to win.  Nev

[Jerry_Atrick]

11 hours ago, old man emu said:

 As much as I hate saying it, I think I could develop a defence of "plausible deniability" that his tweet about its being a good time to buy was not market manipulation but a call for people to hold steady and trust the market to recover because he was going to make America great again. However, I am also cynical enough to believe he was into market manipulation for the benefit of billionaires.

 

As for insider trading, how far removed must someone be from a public company to not be considered an insider? It's easy to determine for a single company, but when it might involve the complete share board, how far away must one be?

Hmmm This may change your mind a little on the plausibility: https://www.independent.co.uk/news/world/americas/us-politics/trump-billionaire-profits-dropped-tariffs-b2731386.html

 

Of course, I haven't fact checked it, and there may be nuance's that make it more doubtful, but Chump would have known the effects of pausing given the effects of implementing... And In any case, there is no general requirement to prove mens rea (guilty mind) in a market manipulation case.. As long as you conducted it, you are generally liable.

 

Proximity to the public company (you can have inside trading on private companies, where they have publicly issued bonds, for example) does not generally come into the question of insider trading. It is a question of whether you are trading on asymmetric information - i.e. material non-public information. The material bit means would it affect the rice investors are willing to pay if they have that information. Now, technically, there is another type of market abuse called front running, which for all intents and purposes is the same.. And there are many cases where say a trader or executive's friends and/or relatives have been convicted of insider trading even though they have nothing to do with the company (officially called the issuer), but have been in receipt of that material non-public information when they have traded.

 

But, I don't think this is insider trading because it doesn't pertain to any one issuer. It is a mass movement of the market prices amongst a lot of companies/issuers. So there is another market abuse scenario, trash and cash - where you take action (usually through rumours, but POTUS has more levers to pull than traders), and then buy up when you have trashed the market. Then the levers to trash the market have stopped being pulled and the market returns to its normal price.. you have earned a nice little profit, and if, in starting out with the tariffs this was not his intention, one can't help but think that pausing them he and his cohorts would have known the effect and if they traded ahead of him doing it, knowing he would do it, that would be the crime of market abuse through trash and cash.

 

If he gave anyone a reasonable indication that he was going to pause the tariffs, and they traded on it before he announced it, then they are likely guilty of market abuse and should go to jail given the sums involved, with extra penalties for abusing the mechanisms of the USA as well as the position of privilege (the POTUS) to commit it . Also, Chump would be guilty even if he didn't trade for facilitating it and not taking the requisite steps to ensure they did not trade on that information.

[rgmwa]

What are the chances the Justice Department or SEC will investigate this? Not good.   

[Jerry_Atrick]

Of course, not.. remember the Republican stacked Supreme Court ruled something like the president can't be criminally liable for any action while in office.

 

Also, despite some damning evidence post his last time in office, they took forever to bring any charges and now all that work seems a waste of money