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Thread: Trump's Day One accomplishments - your predictions!

  1. #141
    Senior Member gimmethesimplelife's Avatar
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    Even though I am emotionally checked out of this country I still worry for my neighbors as most are struggling. These tariffs on Mexican goods are going to raise prices on fruits and vegetables. I guess the good part is that realistically it won't be long until people - entirely justified - hit the streets ala a world country about to topple. It is long overdue. What are your plans for this inevitability? I'd be sorting that out before (expletive) hits the fan. And stock up on canned goods while stocking up remains possible!

    In short, learn something from my Austrian ancestors and even more importantly, let it sink into your DNA that the United States is not immune from collapse, either. Rob

  2. #142
    Senior Member iris lilies's Avatar
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    I am trying to figure out the current state of Federally mandated ESG* investing.

    I know Obama era times yielded to Trump (who got rid of some or all directives) back to Biden who liked the idea of my fiduciary considering ESG in my investing (though I do not. Thanks Joe.)

    But I don’t know if Trump really has any thing to roll back because, from what I read tonight, it seems Biden simply said fiduciaries could consider ESG. if they wished. While that seems benign, I would be happier if the government didn’t say anything about ESG at all in investing.

    And yes, I know there are many investment advisors who say ESG results in higher returns and that is great! Good for you! But I would like the concept to be one I do not talk about with our investment guys.

    so bottom line: does Trump have anything to roll back here? If there is something to roll back, he will do it.

    *ESG=Environmental, Social, Governance

  3. #143
    Simpleton Alan's Avatar
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    I read recently* that over the past 3 years ESG funds have underperformed the stock market and that many fund managers now believe they made a mistake bowing to pressure to invest in them.

    * I believe it was a piece by John Stossel a week or so ago.
    "Things should be made as simple as possible, but not one bit simpler." ~ Albert Einstein

  4. #144
    Senior Member bae's Avatar
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    Quote Originally Posted by Alan View Post
    I read recently* that over the past 3 years ESG funds have underperformed the stock market and that many fund managers now believe they made a mistake bowing to pressure to invest in them.
    Based on my own 30+ year experience, my "portfolio of evil" outperforms ESG in rain and shine.

  5. #145
    Senior Member iris lilies's Avatar
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    Quote Originally Posted by Alan View Post
    I read recently* that over the past 3 years ESG funds have underperformed the stock market and that many fund managers now believe they made a mistake bowing to pressure to invest in them.

    * I believe it was a piece by John Stossel a week or so ago.
    Return reports seem to be a mixed bag since I’m seeing various reports, but maybe in 2022 and 2023 ESG funds did well and in 2024 not so well.

    I don’t care because I wish it was not a concept that we had to pay any attention to at all. This should be solely between the investor and her fiduciary.

    But we are entering an era where that kind of crap will go by the wayside and that makes me happy .

  6. #146
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    "Trump administration[COLOR=rgba(13, 13, 13, 0.9)] officials have forced out all six of the [/COLOR]FBI[COLOR=rgba(13, 13, 13, 0.9)]’s most senior executives and multiple heads of FBI field offices across the country, current and former FBI officials told NBC News. "

    [/COLOR]Trump administration forces out multiple senior FBI officials – NBC New York

    "Acting FBI Director Brian Driscoll on Friday refused a Justice Department order that he assist in the firing of agents involved in January 6th riot cases, pushing back so forcefully that some FBI officials feared he would be dismissed, multiple current and former FBI officials told NBC News."

    Senior FBI official forcefully resisted Trump administration firings (msn.com)

  7. #147
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    Quote Originally Posted by iris lilies View Post
    Return reports seem to be a mixed bag since I’m seeing various reports, but maybe in 2022 and 2023 ESG funds did well and in 2024 not so well.

    I don’t care because I wish it was not a concept that we had to pay any attention to at all. This should be solely between the investor and her fiduciary.

    But we are entering an era where that kind of crap will go by the wayside and that makes me happy .
    I think this is more what you should be concerned about right now:

    "Why aren't we talking more about the treasury takover?

    [COLOR=rgb(0 0 0/var(--tw-text-opacity))]Misc Question
    [/COLOR]

    [COLOR=var(--color-neutral-content)]I'm just an outside observer of what's going down, but once the payments system is taken over, it doesn't matter what happens after. Federal employees can get their wages cut off at any time. The current regime has proven it doesn't care about legality, aren't they just going to force federal workers out by not paying them? It feels like everyone is still thinking in terms of a working system."

    Why aren't we talking more about the treasury takover? : r/fednews (reddit.com)

    This is your social security check. Whether Trump just takes what is in your IRA. Whether Medicare is no longer funded. Not Medicaid, which he already ended last Friday, but Medicare.




    [/COLOR]

  8. #148
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    I’ve read that the DOGE people have access to the information in the payment system, but have no control to stop or originate payments. The current panic seems to be similar to the furor over Musk’s awkward gestures in that people are desperate for something to hyperventilate about.

    I’m a lot more worried about Trump’s dumb populist economics than Nazis hiding under my bed.

  9. #149
    Senior Member flowerseverywhere's Avatar
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    Quote Originally Posted by Alan View Post
    I've been under the impression that this is a return to office notice with the option to resign with severance if they choose not to do so.


    What should we tell our senators? "Oh my gosh, they're treating us like non-government employees and requiring us to return to office or face consequences!"[/COLOR]
    the notice even went to the air traffic controllers the day before the crash. They are in very short supply in big cities. Obviously they work in the office. And a friend has a daughter who works in a position required by law with specific education and skill sets and they got letters. They also returned to the office as soon as they were able.

    while shrinking the government sounds good on paper, the reality of assessing performance is far more realistic to keep the high performers.

  10. #150
    Senior Member iris lilies's Avatar
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    Quote Originally Posted by LDAHL View Post
    I’ve read that the DOGE people have access to the information in the payment system, but have no control to stop or originate payments. The current panic seems to be similar to the furor over Musk’s awkward gestures in that people are desperate for something to hyperventilate about.

    I’m a lot more worried about Trump’s dumb populist economics than Nazis hiding under my bed.
    But see, this is what we get with constant hysteria. Constant. I am sick of it.

    i want to understand what is really going on, but I accept that my limited ability to comprehend the huge machine of our Federal government will interfere with that. Yet I struggle on…
    Last edited by iris lilies; 2-3-25 at 12:38pm.

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