Trumpled (Alternative Leading)

[Mav]

Relax, Dodge, I had my tongue firmly in my cheek. The most obvious reason for the rise in the Dow is the announcement by Pfizer. But this just makes a nonsense of the way Trump tried to claim the credit for every rise and disown every fall. But I’m sure he will tear out his hair (or whatever that is on his head) if the Dow keeps on rising after he exits stage left.

[kruddler]

Relax, Dodge, I had my tongue firmly in my cheek. The most obvious reason for the rise in the Dow is the announcement by Pfizer. But this just makes a nonsense of the way Trump tried to claim the credit for every rise and disown every fall. But I’m sure he will tear out his hair (or whatever that is on his head) if the Dow keeps on rising after he exits stage left.

Its just the constant trump ribbing....its beneath you, and all of us.

Lets just pretend it was all just a dream and never utter his name again.

[Mav]

I reckon Trump owes us a bit of fun given what he put us through over the last 4 years 

[ElwoodBlues1]

Dow and the Asx are up due to the positive vaccine news and the USA election result, not Biden winning but because the Republicans will hold sway in the Senate which will create stability rather than having the Democrats being able to force lots of changes.

[DJC]

Its just the constant trump ribbing....its beneath you, and all of us.

Lets just pretend it was all just a dream and never utter his name again.

You may have noticed that I never refer to the POTUS by name, although I'm more than happy to name Biden, Obama, Bush (X2), Clinton, Reagan, Carter, Nixon, etc, etc

[DJC]

Dow and the Asx are up due to the positive vaccine news and the USA election result, not Biden winning but because the Republicans will hold sway in the Senate which will create stability rather than having the Democrats being able to force lots of changes.

The Senate is tied at 48 each and won't be finalised until run-off elections are held.  Whichever party wins will have a small majority and, as we know, voting on party lines isn't a thing in the USA.  Interesting times ahead and hardly the stuff to encourage the Dow to rise.

[ElwoodBlues1]

The Senate is tied at 48 each and won't be finalised until run-off elections are held.  Whichever party wins will have a small majority and, as we know, voting on party lines isn't a thing in the USA.  Interesting times ahead and hardly the stuff to encourage the Dow to rise.

Stockmarkets work on sentiment.....reality usually catches up later.

[Mav]

It won’t be long before the Republicans have 50 seats. They’ll win in both Alaska and North Carolina in the next few days. Unfortunately, the seat in North Carolina was eminently gettable for the Democrats but their candidate was caught out chatting up a woman (not his wife) over a messaging app. Only 48% of the votes in Alaska have been counted, so maybe McConnell will hand back the seat because of obvious fraud.

The Democrats need both seats in the Georgia runoff to take the majority. Even though both parties will have 50 seats in that case, Kamala Harris will have a casting vote as VP.

But if the Democrats win only 1 of the runoff elections, the Republican 51-49 majority would mean McConnell couldn’t lose 1 Republican vote when considering any Bill or the Democrats will be able to pass it. Susan Collins, Mitt Romney, and Lisa Murkowski have shown some willingness to vote with the Democrats, so it is possible the Democrats won’t be shut out completely. On the other hand, there are Blue Dog Democrats such as Joe Manchin who are conservative enough to win in Red States like Montana. They may side with the Republicans on fiscal constraints.

But a mere seat’s advantage has much more importance than just voting down Bills. McConnell will control Senate business. In the current Senate, he was able to kill Bills by refusing to put them before the Senate when he knew they would pass with bipartisan support. He decided what would go before the Senate and when. Republicans would also control the Senate Committees, meaning the Republicans could block Biden’s Cabinet and Judicial nominees. This is what happened with Merrick Garland - he was a moderate nominee who would have had the votes if he went before the Senate but his nomination was blocked in the Judiciary Committee. Then there are sundry investigations Senate Committees could launch in the hope of creating another Benghazi “scandal”.

[Mav]

Love Biden’s cap!

https://images.app.goo.gl/9ReZeMqQRzwPAAzQ6

[PaulP]

"Let's Make America Great Again"

"We Just did"

Actually, that is pretty good.