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11-16-2020, 07:06 PM
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#1
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Lifetime Premium Access
Join Date: Dec 30, 2009
Location: rochester ny
Posts: 3,410
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spdr, XOM
any thoughts on exxonmobile ?
xle ? VZ and msft
I got a bit in all but XLE - right now anyway. heard I should get loads more of XOM
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11-16-2020, 11:28 PM
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#2
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Valued Poster
Join Date: Apr 26, 2020
Location: Western NY
Posts: 1,105
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i wouldnt, Biden will allow Iran back into the OPEC, you will see Saudia Arabia and Iran go back to a price war, $1 a barrel oil.
I know the limitations of supporting trump has people brains working OT, but I need to repeat this.... High Gas prices are an idication of a booming economy, it creates high paying jobs... I know its a kick in the balls to the poor western Ny'r, since they barely get by on $2 a gallon gas, but its a real thing and true, even tho you are affected poorly by it.
i'd repeat more conjecture, but im all out of material to spoon feed you guys.
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11-17-2020, 01:04 AM
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#3
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Premium Access
Join Date: Oct 14, 2016
Location: country
Posts: 9,868
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yep economy really boomed under Oblama...
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11-17-2020, 03:09 AM
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#4
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Lifetime Premium Access
Join Date: Dec 30, 2009
Location: rochester ny
Posts: 3,410
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XOM is at $38.00 you think its gonna get lower huh,
im gonna buy more XOM this wk
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11-17-2020, 06:30 AM
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#5
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Valued Poster
Join Date: Apr 26, 2020
Location: Western NY
Posts: 1,105
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Quote:
Originally Posted by lilylivered
yep economy really boomed under Oblama...
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when biden takes control, first words youll hear which we havent in 4 years is the debt ceiling, you remember that thing obama had shut down the government every other month because congress wouldn't raise it, made a big deal about it....
how come not a single word about the debt ceiling in 4 years ?
Depending on who is doing the research, it is said that the US has raised its debt ceiling (in some form or other) at least 90 times in the 20th century.[11]
The debt ceiling was raised 74 times from March 1962 to May 2011,[12] including 18 times under Ronald Reagan, eight times under Bill Clinton, seven times under George W. Bush, and five times under Barack Obama. In practice, the debt ceiling has never been reduced, even though the public debt itself may have reduced.
Congress has raised the debt ceiling 14 times from 2001 to 2016. The debt ceiling was raised a total of 7 times (total increase of $5365bil) during Pres. Bush's eight-year term and it was raised 11 times (as of 03/2015 a total increase of $6498bil) during Pres. Obama's eight years in office.
Trump suspended the debt ceiling 2017 until 2021.... now all of a sudden it will be a big deal again...
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11-17-2020, 06:45 AM
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#6
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Valued Poster
Join Date: Jan 16, 2014
Location: Sodus BAY
Posts: 713
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Quote:
Originally Posted by lilylivered
yep economy really boomed under Oblama...
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The Dow was 7,949 when Obama took office
when he left office it was 19,732
Apparently you are either math challenged or lying like a trump
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11-17-2020, 06:48 AM
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#7
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Premium Access
Join Date: Oct 14, 2016
Location: country
Posts: 9,868
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Yep they were great times
I have to be assuming you two have government jobs...
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11-17-2020, 07:01 AM
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#8
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Lifetime Premium Access
Join Date: Dec 30, 2009
Location: rochester ny
Posts: 3,410
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they should add a additional 5% tax on all purchases,
(would that possibly get rid of the debt )
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11-17-2020, 08:51 AM
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#9
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Valued Poster
Join Date: Apr 26, 2020
Location: Western NY
Posts: 1,105
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Quote:
Originally Posted by Franklin4
they should add a additional 5% tax on all purchases,
(would that possibly get rid of the debt )
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theres a simple way to get rid of the debt, you tax corporations. 35% was fine, they were able to reduce it to
%15 in loop holes anyways...
well that gets passed to the consumer and no one wins, false.
I don't have to buy anything made by a corporation, i can choose with my dollars what to buy.
funny thing is, they reduce the quantity and charge the same price, because the majority of us are too stupid to notice as long as price isn't affected. they do this to increase revenues and profits, so you already are paying more, and they don't pay taxes...
life's little lesson for the ignorant....
I have a Union Job, Teamsters.... I'm overpaid and love NY Democracy. We have a competitor across the street, opened up 4 years ago, non-union... not afraid of unionizing because its 96% republican and they hate Unions... meanwhile, our contract is up and we are getting huge raises for our best years ever, ty covid.
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11-17-2020, 09:01 AM
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#10
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Valued Poster
Join Date: Apr 26, 2020
Location: Western NY
Posts: 1,105
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Trump made the economy great by keep interest rates at 0% and lowering tax on corporations so they could increase their profits.
Anyone could have done this at any time ever, except responsible leaders know its better to repay debts during boom times and borrow during down, this idiot just kept borrowing....
How can you trumptards not understand, all he did was borrow more and more and more.... then did a trickle down recovery for covid... all things we know to be bad long term, he did and everyone eats it up.
the recovery effort is equivalent to $20,000 for each American... that is a true stimulus, not paying the unemployed and keeping failing businesses afloat. You give everyone $20,000 and watch them buy things, watch people start new businesses, watch the economy grow... they did the same to keep the economy from retracting, there was no growth, we are still down in the service industry. PPP loan program was a joke, worst waste of government funds ever, and they are going to do it for a third time, FFS
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11-17-2020, 03:01 PM
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#11
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Valued Poster
Join Date: Jan 16, 2014
Location: Sodus BAY
Posts: 713
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Quote:
Originally Posted by lilylivered
Yep they were great times
I have to be assuming you two have government jobs...
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Nah..I work hard for my way of life.Self employed contractor.
Guessing you inherited yours.If not your employer got screwed.
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11-17-2020, 03:43 PM
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#12
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Valued Poster
Join Date: Jan 4, 2010
Location: The Great State of Ennui
Posts: 22,026
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11-17-2020, 03:50 PM
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#13
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Premium Access
Join Date: Oct 14, 2016
Location: country
Posts: 9,868
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Quote:
Originally Posted by keeponrisin
Nah..I work hard for my way of life.Self employed contractor.
Guessing you inherited yours.If not your employer got screwed.
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Self employed and havent figured it out yet.
Yep you will be working hard for a while yet...
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11-17-2020, 06:18 PM
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#14
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Lifetime Premium Access
Join Date: Dec 30, 2009
Location: rochester ny
Posts: 3,410
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just bought 128 shares of XOM . at $38.00per
im hopeing,
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11-17-2020, 06:20 PM
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#15
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Valued Poster
Join Date: Jan 16, 2014
Location: Sodus BAY
Posts: 713
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Quote:
Originally Posted by lilylivered
Self employed and havent figured it out yet.
Yep you will be working hard for a while yet...
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I enjoy working hard and creating things.I get job satisfaction from it unlike your average fat,lazy low IQ american
You are correct on one point..I did have a government job
They taught me how to kill
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