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Et tu Cramer - Ackman Joins in

Discussion in 'Too Hot for Swamp Gas' started by G8trGr8t, Apr 1, 2025.

  1. G8trGr8t

    G8trGr8t Premium Member

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    Once a big MAGA fan, he now compares trump to Jimmy Carter. I suspect a lot of others feel the same way or worse but are too scared to say so.

    MAGA vs Cramer..this should be entertaining

    CNBC’s Jim Cramer Goes Nuclear on Trump Over Stock Market — Hits Him With Worst Trump Insult Possible

    On Monday night’s edition of CNBC’s Mad Money, the host delivered a devastating assessment of Trump as the “one man standing in the way of a great economy” and finished with what Trump would surely consider a deeply insulting kill shot — comparing him to the late President Jimmy Carter:

    We have declining inflation, except the president’s putting on inflationary tariffs.
    We have incredibly low unemployment, except where it’s caused by the Trump administration.We have a market that was doing extremely well last year, until the Trump Administration sowed the level of uncertainty that I can’t recall any time since — Are you ready, Ski Daddy? — Jimmy Carter.

    Which is the last time people were really worried about inflation, about stagflation, okay? Back then, stagflation was real.Now, Jimmy Carter, curious benchmark, break out the cardigan sweater. I know it’s a brutal comparison. You think I did it idly?
    I cannot think of another president in my lifetime who could knock down the stock market simply by opening his mouth than Jimmy Carter. Eureka! I have found him!

    So let’s look at it this way: Everything about this economy is good. Everything, everything, except one thing. We have a president who’s very angry at everyone, except Vladimir Putin. Oh, no, maybe even Vladimir Putin. And his wrath has made investors so downcast and so negative that people have just given up. They want nothing to do with stocks, nothing to with this world, because they’re sure the White House will keep laying on the tariffs that seem to be wiping out your wealth and my wealth.
    .............................

    As far as the stock markets are concerned, though, we need less Jimmy Carter, more Ronald Reagan. Bottom line, maybe Wednesday isn’t de-liberation day.
    It’s just the day when American investors may be finally liberated from the president’s not-so-pro-business attitude, once he gets the tariffs out of the way.
     
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  2. DawgFanFromAlabam

    DawgFanFromAlabam GC Hall of Fame

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    What an insult to Carter.
     
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  3. danmanne65

    danmanne65 GC Hall of Fame

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    I still think Trump’s tariffs are stock market manipulation. He hasn’t actually enforced one he just threatens them and then reneges then threatens them again. None of this is good for the markets or our economy.
     
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  4. gtr2x

    gtr2x GC Hall of Fame

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    Cramer may have a semblance of a point, but he has long been unwatchable to me. Cartoonish.
     
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  5. gatorrob87

    gatorrob87 GC Legend

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    Anymore cartoonish than the Orange Faced clown communist that MAGgots elected to the presidency or the cast of cartoonish buffoons that he selected to be members of his cabinet? Bugs Bunny is salivating at the thought and Putin is laughing at America, but don’t tell MAGA. They will just say RINO or whatever BS that lets them sleep at night while betraying the values they profess to embrace. Funny thing is that they failed to recognize who their leader truly is… a liberal NY politician who was a Democrat most of his voting life, until he saw an opportunity. RINO, anyone??
     
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  6. sierragator

    sierragator GC Hall of Fame

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    He crossed the emperor, death threats at 11:00
     
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  7. PITBOSS

    PITBOSS GC Hall of Fame

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    A lot of pushback on the tariffs. Business here, now Europe is working together and Asian countries are supposedly coordinating. I anticipate trump will dial it down some for his big liberation day announcement tomorrow.
     
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  8. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Ship has sailed. Our allies have already stated they can't rely on us or trust us anymore. They're making alternative plans
     
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  9. G8trGr8t

    G8trGr8t Premium Member

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    Now Ackman is joining the chorus

    Bill Ackman Urges Trump to Pause Trade War: ‘This Is Not What We Voted For’ | Light Wave

    Billionaire investor Bill Ackman, once a vocal supporter of Donald Trump, has issued a stark warning against the president’s sweeping tariff plans, urging a strategic pause to avoid catastrophic economic consequences.

    Ackman, founder of Pershing Square Capital Management, took to social media platform X to express deep concerns over Trump's new tariff policies, which have already shaken global markets. While he praised Trump for raising awareness about unfair trade practices, he claimed that the current approach is dangerously misguided.

    “Business is a confidence game,” Ackman wrote. “The president is losing the confidence of business leaders around the globe. The consequences… are going to be severely negative,” particularly for “low-income consumers who are already under a huge amount of economic stress.” @BillAckman / X

    While acknowledging that the nation is “100%” behind the idea of correcting imbalanced trade deals, Ackman criticized Trump for launching a blanket trade war that includes both allies and adversaries. “We are in the process of destroying confidence in our country as a trading partner, as a place to do business, and as a market to invest capital,” he cautioned.
     
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  10. channingcrowderhungry

    channingcrowderhungry Premium Member

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    I love all these jackasses saying " this is not what l we voted for!"

    Actually, you sure as shit did. Trump was talking about tariffs all campaign. And anyone with a lick of econ brain was telling everyone this was bad. Screw all these gaslighting clowns
     
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  11. G8trGr8t

    G8trGr8t Premium Member

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    they didn't notice that the scorpion had a stinger and was crazy enough to sting them too.
     
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  12. WC53

    WC53 GC Hall of Fame

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    Tomorrow is Tariff Tuesday!