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Archived on: 10/28/2019 10:00:00 AM
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[–] 19949664? ago
Liesman is one of the big reasons I stopped watching CNBC after Trump got elected. He’s an idiot.
In this case I believe he is planting a roadside IED for POTUS that he will disband the Fed if they cut, or not cut, putting Trump in a no win situation with both the business media and investors in general.
CNBC was impartial on Trump for about six months after the election. They were right down the middle. But after that, NBC put the screws into them to hit Trump hard every chance they could - across the board. NBC knew a bad economy would hurt Trump. So I had CNBC removed from my cable package.
So once again, the Left and MSM will try and destroy the country - in this case the economy - if it means getting Trump out of office.
And Liesman is still an idiot regardless of what he is talking about.
[–] 19950028? [S] 0 points 1 point 1 point (+1|-0) ago
I think the same could be said for all of them on that channel.. They all tell people to buy when they should sell and sell when people should buy and encourage people to jump in and out of stocks all the time too.. As for Jim Cramer, he does my head in.
However, I thought it was interesting that he made this comment. Intentional or not, malicious (against Trump) or not, he seems to have inadvertently put the idea into viewers heads that the Fed might not be around for much longer. Of course, we already know that gold ends the Fed. What's interesting is that the last chart at the bottom of the page is a nice long term gold chart showing a breakout to the upside.
Is this an unintentional confirmation of what we already know or just speculation on his part that hits the nail on the head??
[–] 19950848? ago (edited ago)
You made good points. While I very much doubt Liesman reads Q drops, this could be the beginning of a combined MSM effort to open a new front against Trump - Trump will disband the Fed + Destroy the American economy + Destroy the global economy = Trump must be removed from office ASAP.
The vast majority of Americans know absolutely nothing about the Federal Reserve, other than it was in Die Hard. The Left knows they can bullshit the American public and no one will know any better especially if the MSM backs them - guys like Liesman.
While I own no gold currently - thanks primarily to Leer Capital & William Devane commercials - the China economy is close to blowing the ass out of itself. The CCP constantly props it up, bails out banks, and throws yuan into their markets to keep them afloat. When that fails, sooner than later, it will be how much gold you own to buy food and weapons as global currencies fail.
P.S. Cramer is a carnival barker who got dronk and passed out in his clown suit one too many times. But every 1.35% of the time he opens that big yapper, he does have something intelligent to say.