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bostonangler

New conspiracy theory for ya...

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I think Trump is playing the markets. Think about it. He can change market direction with one tweet. That's powerful... The SEC needs to research the selling on days before he sinks the markets and buys the day before he makes up some story about things being settled with China and the markets roar back to life. This guy could make millions in minutes and as we all know nothing is beneath him.

 

B/A

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Do you really think that the market reacts to his tweets without doing some research?  That would be really scary. I like to think that his tweets give them cause to look for proof that his tweets are correct or false before  plotting changes.  That being said, they probably have actual credible sources that are close to the presidents inner circle and know what's going on.  Not like the sources we have i.e. the mainstream media.  All of them with their own agenda.

 

There are deals, meetings and back alley agreements that happen on a daily basis that we have no knowledge of.  Probably for the better.  Ever notice that people on forums and different television programs know so much more about what is going on and how to run the country yet they never step up to the plate and do anything about it.  I have family members like that.  They know everything and yet do  nothing.

 

Not picking a fight with you.  Just stating my opinion.

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8 minutes ago, cranman said:

I like to think that his tweets give them cause to look for proof that his tweets are correct or false before  plotting changes.

 

I don't know I think the markets are very reactionary... One day he says tariffs and the markets crash. The next day he makes up some story and they bounce back... Look at today... He said China reached out to him this weekend at the G-7 and the markets roared today. China says they didn't reach out to him. Just imagine if you know on Wednesday he was going to say more tariffs... On Tuesday you could sell everything for a profit. Then on Monday you knew he was going to say we are good with China. On Friday you could buy back all the stocks you sold Tuesday at a huge discount and watch them go up on Monday... I know it is crazy that a president would do that, but we all know Trump is all about money... Look how he begged the G-7 members to come to his golf course next year. Do you think he isn't looking to make a buck? Of course he is... He has no scruples in business and we see his lack of understanding in government... Like I said, it's a conspiracy theory at best.

 

B/A

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I'm not against anyone making a buck honestly.  He is definitely a different president and like his money.  As far as the China phone call there is no proof it or did't happen.  No country wants to admit weakness or wrongness.

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4 minutes ago, cranman said:

I'm not against anyone making a buck honestly

 

Me neither. I'm all for it, but markets are manipulated... Insider trading happens all the time. I got burned on a small bio once. It only takes one vote by the FDA to kill approval. The day before what many thought was a sure thing a couple of big chunks sold. The next day one guy voted against approval... I later found out he was associated with a major drug company... Someone made a lot of money selling an .80 stock for about $4 right before the guy gave us the bad news... It just makes you wonder.

 

B/A

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Yep. When lobbyist get involved or palms get greased if you're not in the know you can lose big time. Those in the circle of wealth usually get that kind of info. That's one reason the rich stay rich.

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16 hours ago, cranman said:

. That's one reason the rich stay rich.

 

///***

Take a look at the ho'bummer administration's cronies before and after bottom lines.

All filthy rich now.

And their super socialist god all of a sudden can afford a 15 Million dollar beach house....

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20 minutes ago, SgtFuryUSCZ said:

 

///***

Take a look at the ho'bummer administration's cronies before and after bottom lines.

All filthy rich now.

And their super socialist god all of a sudden can afford a 15 Million dollar beach house....

 

Yup they are all crooked... Look at Mitch... His wife's family smuggles with their shipping business... All a bunch of crooks.

 

B/A

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22 hours ago, bostonangler said:

 

Yup they are all crooked... Look at Mitch... His wife's family smuggles with their shipping business... All a bunch of crooks.

 

Agree.

Two words:  TERM LIMITS.

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And you guys thought I was crazy with my conspiracy theory.... LOL There is nothing this greedy guy won't do. 

 

 

George Conway Says Trump Illegally Manipulated Market With China Phone Call Tale

White House counselor Kellyanne Conway’s husband, lawyer George Conway, has accused President Donald Trump of illegally manipulating financial markets with his suspect claim that there were “numerous” calls from “high-level” Chinese officials to the U.S. last weekend to restart trade talks.

Conway, a conservative legal expert, was reacting to numerous indications that the calls didn’t happen and that Trump made up the claim. China has not confirmed that such calls took place. A spokesman for China’s Foreign Ministry said after Trump’s announcement Monday that he was “not aware” of any such calls.

CNN reported Thursday that Trump “conflated” some kind of communication with the Chinese with a statement at a business forum in China by Chinese Vice Premier Liu He. Two unnamed officials told CNN that Trump “was eager to project optimism that might boost the markets.” World financial markets, which swooned the previous week as Trump intensified his China trade war rhetoric, rebounded after the president’s phone calls announcement.

Conway said such “market manipulation” constitutes “criminal violations” of the Securities Exchange Act of 1934.

market manipulationoccurs when “someone artificially affects the supply or demand for a security (for example, causing stock prices to rise or to fall dramatically),” according to a fact sheet from the Securities and Exchange Commission. It can involve a “number of techniques to affect the supply of, or demand for, a stock,” including “spreading false or misleading information.” 

If Trump’s account of the China calls was not accurate, his announcement artificially boosted markets and people profited from it. It’s not clear if political information — or falsehoods — could be considered market manipulation.

Trump has also picked out companies — like Amazon — to attack in tweets, affecting stock values.

Some observers, including NBC analyst (and former HuffPost global editorial director) Howard Fineman, have wondered whether the president’s associates and relatives are profiting from advance knowledge of Trump’s market-moving tweets. 

The New York Times reported earlier this year about Trump’s debt-laden businesses — and how he tried to make money in the market. According to the Times, Trump appeared to repeatedly profit in the stock market in the 1980s by presenting himself as a takeover threat by investing in certain companies. After reports of his involvement boosted stock values, he would then unload his investments before others realized there wasn’t going to be deal and pocket the profit.

https://www.yahoo.com/huffpost/china-phone-calls-market-manipulation-donald-trump-george-conway-kellyanne-conway-112230739.html

 

 

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Hater's gotta hate, can't see the Forest because of the trees....

 

"You hypocrite, first take the log out of your own eye, and then you will see clearly to take the speck out of your brother's eye.

 

Deuteronomy 19:16-19 (NASB)

16 If a malicious witness rises up against a man to accuse him of wrongdoing, 17 then both the men who have the dispute shall stand before the Lord, before the priests and the judges who will be in office in those days. 18 The judges shall investigate thoroughly, and if the witness is a false witness and he has accused his brother falsely, 19 then you shall do to him just as he had intended to do to his brother. Thus you shall purge the evil from among you.

 

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