Politics Liberation Day - The biggest tax hike in world history

[BigGameDamian]

 

[Everything Beagle]

So is the eventual Stephen A Smith/Mark Cuban presidential ticket going to bring us closer to Idiocracy or further away?

 

[MickZagger]

So is the eventual Stephen A Smith/Mark Cuban presidential ticket going to bring us closer to Idiocracy or further away?

I like Cubans ideas. Definitely not Stephen A. Smith

 

[Everything Beagle]

I like Cubans ideas. Definitely not Stephen A. Smith

Cuban will make a fine vice president

 

[SlyPokerDog]

Cuban will make a fine vice president

SlyPokerDog & Cuban 2028!

 

[SlyPokerDog]

 

[MickZagger]

 

[Shaboid]

My retirement account has lost 15%. I feel so liberated!

 

[Phatguysrule]

My retirement account has lost 15%. I feel so liberated!

Same

 

[BigGameDamian]

 

[MickZagger]

View attachment 73170

Can I get a gas prices one too?

 

[BigGameDamian]

 

[BigGameDamian]

 

[Strenuus]

My retirement account has lost 15%. I feel so liberated!

13.3% of mine.

 

[crandc]

Haven't gotten monthly statements yet. I am retired so don't have years to make it up like I did on 2008.

 

[MickZagger]

Finally figured out what the “red wave” is they were talking about.

https://www.dailymail.co.uk/yourmon...-monday-fears-trump-tariffs-stock-market.html

 

[MickZagger]

Haven't gotten monthly statements yet. I am retired so don't have years to make it up like I did on 2008.

Should be able to logon to the site for whatever company manages your 401k

Can you roll it over into an IRA at this point?

 

[JfizzleBlazer]

 

[MickZagger]

My retirement account has lost 15%. I feel so liberated!

I’ve lost 11%.

Every January I rebalance and this time it put me at like 60% into the Russell 1000. Which has done really shitty. But not as shitty as the other indexes.

I know the Russell 2000 has maybe tanked the hardest.

 

[MickZagger]

Asian markets are crashing right now

https://amp.cnn.com/cnn/2025/04/06/business/japan-nikkei-plunges-hnk-intl

 

[crandc]

Should be able to logon to the site for whatever company manages your 401k

Can you roll it over into an IRA at this point?

Half is in IRA, half in savings account. Won't bore you with complicated reasons.

 

[BigGameDamian]

 

[SharpesTriumph]

So now conflicting reports Trump is considering 90 day pause on the all tariffs except China... DJIA went up 1500 with those first reports but now declining again.

 

[BigGameDamian]

 

[BigGameDamian]

So now conflicting reports Trump is considering 90 day pause on the all tariffs except China... DJIA went up 1500 with those first reports but now declining again.

 

[Chris Craig]

So, he is going with the just pretend everything is ok tweet.

 

[Phatguysrule]

Oil prices have been pretty consistently steady except when authoritarian oligarchs (Putin and Trump, in this case) throw the world into chaos.

 

[Chris Craig]

Fox is reporting we have made billions from the tariffs. Not sure how true that is. As well, as if whatever we have truly made offsets the losses triggered from all of this.

 

[crandc]

If Fox is telling the truth, big if, making billions from tariffs means American businesses and consumers have paid billions of dollars as a result of tariffs.

 

[Chris Craig]

Also funny how he says rates are down, well they should be.

While eggs came down a bit, food prices are about to skyrocket.

And you can't say there is no inflation. There is always inflation.