Monday, February 05, 2018

TKC TOLD YOU SO!!! PREZ TRUMP STOCK CRASH!!! HISTORIC 1175 DOW PLUNGE PUTS 'AMERICA FIRST' AGENDA IN JEOPARDY AS KANSAS CITY CONFRONTS DEBT BOMB!!!



President Trump made a rookie mistake by connecting the success of his administration with stock market highs as confidence in his agenda tanks right along with economic numbers.

To wit . . .

PREZ TRUMP AND HIS #MAGA SUPPORTERS OWN THE BIGGEST DECLINE OF THE DOW IN HISTORY!!! MEANWHILE, KANSAS CITY TAX & SPEND STRATEGY IS IN EVEN WORSE SHAPE!!!

The tragic joke on most Americans today is that tying political ideology to financial decisions is ALWAYS a horrific mistake. That's why right-wing pundits encouraging people to keep buying clearly don't have the best interests of broke-ass locals in mind. 

Check the links . . .

CNBC: Art Cashin: The stock market 'snapped like a twig' and may take a day or two still to find bottom

CNN: Market mayhem puts Trump in a tough spot

Vanity Fair: Is Trump’s Stock-Market Honeymoon Headed to Chernobyl?

Fox Biz: US economy fundamentally strong despite stock market plunge

CNBC: Stock market loses more than $1 trillion in value in February

Politico: ‘The president clearly set himself up’: Trump’s stock market miscalculation

New York Times: Trump Accuses Democrats of ‘Treason’ Amid Market Rout

Now, this link selection is contradictory yet still informative because it offers experts weighing the HISTORIC slide with all kinds of theories and analysis when the reality is clear: THEY DON'T KNOW.

Remember that some clueless supporters of the Prez even encouraged locals to buy on Monday in the TKC comments while our blog community overall WARNED of impending doom as other local news outlets were busy too busy to report on the economy whilst planning their Super Bowl parties.

Right now we wouldn't dare tell people what to do with their money but we do offer this bit economic reality for Kansas City . . .



In financial good times Kansas City elected officials spent exorbitantly on pet projects and tourist attractions while neglecting real work on infrastructure and strengthening the finances of City Hall. Now, amid the current economic pull back, interest on bond payments trends higher and garnering cash is a much tougher proposition yet Mayor Sly continues his tax & spend strategy and looks to return to voters with a request for more local levies later this year.

On this cold night amid another Winter of our discontent, local residents might reflect of the grandiose economic promises of politicos of every stripe and notice the words don't necessarily ring true in their financial statements.

Developing . . .

49 comments:

Anonymous said...

So you're saying that I should buy more bitcoin?

No thanks. When the wall street guys start to cry, I think coffee can and under the mattress investing is the best strategy.

Anonymous said...

The Trump crash does have a ring to it.

Jameson said...

Somewhat Clever TKC. Remember when the Republicans were warning about a crash during the 2016 election. This is what they were talking about. They just got the dates wrong. Hopefully, the economic problems will get back on track in November but if they don't a lot of people are going to be angry and that never works out well for Republicans. I think not putting financial decisions with politics is a good idea over all but for that won't stop everybody from trying to make their own interpretations on a topic where they literally have very little stake.

Anonymous said...

A dead cat bounce will send politicians into an uproar tomorrow because most people don't realize that volatility is even more dangerous than a healthy decline.

Trees don't grow to the sky and it's time to weed out the bitcoin suckers.

Anonymous said...

Hey, I would really like to see the President calmly and rationally explain market fundamentals to the public. It would be a nice change from him playing Wall Street hype man.=

Anonymous said...

Do you even know what you're talking about TKC? Didn't think so. A blog is not where I go for financial advice. Are you recommending a buy order on snack cakes?

Tony said...

Snack cakes are always a good investment.

Anonymous said...

Lulz! Very droll you d-bag.

Me, I'm not worried about this stock shit. Just like KCMO, I got so much debt that if I die right now, I win!

Anonymous said...

I think Dirty Sanchez tipped off the market that the Dreamers are about to go adios and the economy just can’t function without their limitless talents.

Hillary 2020 said...

Don't blame me, I voted for Big Johnson

chuck said...

Betting against a long term stock market increase in this economy would be ill advised.

The correction will correct, the market will go up.

An increase in Interest rates and Inflation are part and parcel with the estimated 5.5% GDP increase.

America will belch loudly and pull right back up at the feast in a few days.

Just a little indigestion.

Anonymous said...

Does this mean we aren't going to have the money to build the wall?

Remember the promise of a wall you ignorant Trumpkin clowns?

Anonymous said...

The wall will be built.

Anonymous said...

Right. And Mexico will pay for it. Sure.

Anonymous said...

This is an excellent buying opportunity!!!


Don't be a sap and miss out.

Anonymous said...

Didn't you say that last Friday?

Better stock up on cheap cat food.

Retro ROCKER said...

CASH IS KING.

Anonymous said...

Pay no attention to the man behind the curtain.

Anonymous said...

The pros on Wall Street don't sell in December. Might decrease their bonus. 401-K money comes into the market in the first weeks of January. Once these events taken care of the markets are rebalancing and people taking profits. No problem with the real economy jobs and wages increased, reports last Friday. One factor is with real economy expanding at greater than 3% GDP, will cause interest increase making it more costly for speculators on Wall Street. I would expect stock market higher in July.

Anonymous said...

^^^Sure it will dummy, just like the Nunes memo will be the biggest scandal since Watergate. How’s that going by the way?

Anonymous said...

So tired of all this winning. All gains for the year gone! Trump owns this. Why is he ruining this country.

Anonymous said...

There's at least five areas Trump can be impeached. Obstruction of Justice for one.

Anonymous said...

Trump hair?
Sanders hair?

Which one is worse?

Anonymous said...

Biggest one day drop in the history of the Dow! Worst President ever. Coincidence? I think not.

Anonymous said...

Snowflake.

Jim Glover TIFF KING said...

Nice people took me to lunch a lot, and we got to talk. I see no reason why we should not have given those nice folks some tax incentives that give them more money to take nice people to lunch and dinner. So why worry about the debt. Who cares?

Anonymous said...

"another Winter of our discontent"

JESUS LAY OFF THE LAZY WRITING AND FUCKING CLICHES AND HAVE AN ORIGINAL THOUGHT ONCE A YEAR, OMFG

Anonymous said...

Bit of hyperbole. Biggest point drop? Yes. Biggest drop as a percentage of the market? No. It was about 5% drop which is about average for a correction after a bull market.

Anonymous said...

8:55

The Nunes Memo is a Prima Facie beginning of the end, of your heroes on the Left. Get suited up for prison, there is an avalanche of information, irrefutable and factual, original FISA documents etc etc, and your fag ass liberal buddies are gonna be on their knees suckin Tyrone's cock, just like you do now.

Anonymous said...

Biggest Loser Ever

Record Drop
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-122
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-145
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-666
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-1,175
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T
R
U
M
P
v
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C
R
A
S
H
v
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Down again Tuesday

Anonymous said...

Dummocrat dreamin. Nothing goes straight up. I will bet the dummocrats don't have any money in the market. They are to busy trying to busy trying to get that $15 minimum wage.

Tony Roma from Glengarry Highlands when Im not deep in your mothers ass said...

949 you ignorant cunt. The big news is the market lost all gains made this year, thats one month. The Dow raced 25% higher in 2017, getting even closer to 25,000 and making the year its best since 2013. So the market is still up over 25 percent since Trump took office. There was a sell off by day traders and investors dumping health care related stocks. The market was and still is bound to correct the meteoric rise seen in 2017. In other words you commie America hating shit speck, we are still in really great shape. The economy is on fire, not unlike your mothers syphilitic urethra when she is pissing out the previous nights gin and jizz. So stick to something you know, like chugging cock or taking it up the coat. You fucking child. You cunt.

Anonymous said...

I love my dead day son

Anonymous said...

Relax both sides it's only a course correction.

Blake, from Mitch & Murray said...

10:14 I knew your older brother Ricky who was a hell of a salesman and twice the swashbuckling cocksman your runty ass will ever amount to.

He could sell to anyone, anywhere and anytime and I would trust him with the good leads, yes, the Glengarry Leads.

As for you I wouldn't waste any good leads as that would be giving them to a child --- no, you keep selling the doctors and the Indians, yes that's it -- a steady diet of Patel leads for you son.

Anonymous said...

Butt hurt republikkklans. HAHAHAHA.

Blindly cheer Dear Leader on the way up and shout about their record high stocks. Melting snowflakes on the way down.

Remember Trump told you it was a bubble in 2016. Guess you didn't listen.

He doesn't care. He got his billions in tax cuts. Ivanka, Donny Jr, and Eric all have their tax free trust funds. Picked your pockets good and left you with $1.5 trillion in new debt!

Your 401Ks down for the year. If you had any in the first place. Don't worry. Paul Ryan said your $1.50 a week raise from your crumbs in the tax cuts will make up for it. HAHAHAHAHA!!!

Anonymous said...

A great great time to buy! I dropped a huge chunk in today. I continued buying in 2008 and am smiling today. Smart people know this.

KC Bernie Bro 2020 said...

^^^ Russian scammer. Keep your rubles comrade, go sell that shit somewhere else.

Anonymous said...

Don't worry about the stock market.

Trump has coal mining jobs lined up for everyone!!!

Anonymous said...

@8:52 has one real problem in the stats. GDP is still LESS than 3%. Where's the 6% he promised? Another Trump FAIL!

Trump, 2017 2.3%
Obama, 2015 2.9%
Obama, 2014 2.6%

Obama had better GDP and stock gains.

Nothing new if you know any history. Clinton had the lowest unemployment and annual debt in the last 45 years only to see Bush fuck that up. GOP crashing it again. If there is one thing Trump is truly great at, it's inheriting wealth and ending up in bankruptcy.

Anonymous said...

VVVVVV
VVVV
VVVVVVVVVVVVVVVVV
VVVVVVVVVVVVVVV
VVVVVVVVVVVVV
VVVVVVVVVVV
VVVVVVVVV
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V

Trump CRASH!!! A Record!!!
More to come.

You will be even poorer when the market opens Tuesday.

MrArchieBunker said...

2:27: You need mental health care. Anyone with a brain is buying.I did.

Anonymous said...

People losing money are losing their shit tonight.

. VVVVV
. VVV
.VVVVVVVVVVVVVVV
. VVVVVVVVVVVVV
. VVVVVVVVVVV
. VVVVVVVVV
. VVVVVVV
. VVVVV
. VVV
. V

Dow Futures down again!!!! Bye-bye record highs.

There is a silver lining.
Dubya's failure gave us Obama.
Trump's failure will give the next great Democratic President.
Dems always cleaning up the Greedy Old Perverts messes.

Anonymous said...

Trump will win second term, get over it snowflakes

Anonymous said...

Of course he will, and Mexico will pay for the wall.

Anonymous said...

Trump exploded the deficit by 1.5 trillion, crushed your 401K, cut his taxes, re-filled the swamp with his cronies, colluded with Russia, profited from the office of the President, and picked your pockets! You are going to pay for the wall. He has destroyed this country at your expense and you all love it! MAGA. Fucking rubes. The GOP can always play the aged, uneducated, white-trash, and phony flag-waving hypocrites for the suckers they always have been, MAGA! (Hint: America was always great, you people never were)

Anonymous said...

The really good news is we havew gone from the libturds being unable to believe Trump won the election to them wishing he hadn't won the election. In either even the answer is the same, "TOUGH SHIT SNOWFLAKES".

Anonymous said...

Perspective: The Dow closed at 18,332 on Nov. 8, 2016, Election Day, which means there are 6,000+ points to go before the Trump rally is gone.

Anonymous said...

^^it didn't all go up in a day dummy, the crash won't either.