Subj : Re: Is AI ruining social
To   : ROB MCCART
From : Mike Powell
Date : Mon Apr 14 2025 09:53 am

> RM> A new story today said that Trump is telling people to buy or sell
> RM> stocks just before he announces a tariff (or postpones one) so the rich
> RM> can make money from the bouncing markets..

> DW>That smells like just propaganda from the media.  Was that CNN or MSDNC?

> That was on our national news but Mike Powel my Sysop on this BBS
> also heard al about it down there.

I didn't just hear it on the news, I saw the President's tweet about it. ;)

> RM> Too many rich, powerful people are losing money

> DW>Which was part of the plan.  Those rich are usually Elitists who do
othing

> I don't think Trumps plan was to eliminate rich people..

The "Elite" logic doesn't completely track.  There are "Elite" people who
don't like Trump, donate to Democrats, etc., but there are also "Elite"
folks who are in Trump's circle... Elon Musk and Charles Schwab are two
good examples.

So when someone mentions "Elitists" I have to wonder if they are paying
attention.

> RM> I couldn't quickly find current figures for the USA but in that search
> RM> what came up was the estimate that, if the tarrifs currently on hold
> RM> come through and stay, it will cost the USA over 2 million jobs.

> DW>Propaganda again.

> Estimates from numerous sources, but of course the worst case estimates
> are the ones that make the news. That all remains to be seen but I
> have a feeling things are not going to go anything like Trump hopes
> and expects them to. He won't be in power for enough years to pull
> you out of a borderline recession as he tries to take on the world.

It is already costing us some jobs, or at least delaying them.  A tech
giant... M$ or Google... has put a multi-billion dollar investment in Ohio
on hold due to the tariffs, which is costing Ohio potential jobs.  Another
company has put a battery plant in Kentucky on hold for the same reason.
It was supposed to bring a bunch of jobs.

The Kentucky plant was already started so I think it will eventually be
completed, but the Ohio investment was something new.

> DW>Well, Canada can do what many other countries have done: negotiate and get
> th
>   >tariffs dropped.

> Right.. he's offered us 2 ways out of it. To either move all our
> car plants to the USA, and lose 125,000 direct jobs and many times
> that support jobs, or join the USA as the 51st state..

Two pretty crappy alternatives.  ;)


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