EmmetK Posted November 23 Posted November 23 The All-Star team gets better and better: Trump picks Scott Bessent to serve as treasury secretary https://www.nbcnews.com/politics/donald-trump/trump-picks-scott-bessent-serve-treasury-secretary-rcna180171 "President-elect Donald Trump is tapping billionaire Scott Bessent as his Treasury secretary, media outlets reported Friday, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs. Bessent, who is chief executive officer of Key Square Group, has called for an extension of tax cuts from Trump's first term, wants to reassert American energy dominance, and pledges to deal with the budget deficit." Bessent, 62, is the founder of hedge fund Key Square Capital Management, after having worked for George Soros in the 1990's. If confirmed by the Senate, he would be the nation’s first openly gay treasury secretary. Oh, and did I mention that he is also gay? Donald Trump only wants the best. It doesn't matter to him what is your color, religion, sex, or sexual orientation. Will the dems attack him because he is gay? According to his Wikipedia page, he had a fundraiser for Al Gore in his Hamptons mansion in 2000. He was on the Board of "In God's Love We Deliver" He endowed a scholarship at Yale University, his alma mater, for a deserving student from the Bronx. What will the dems find wrong with him? He had an affair with a married woman in 1986? Lol. Scott Bessent and John Freeman: Washington DC's new Power Couple Bessent invests for a lot of wealthy people, even George Soros! But when Soros wanted to diversify and take away from Israel, Bessent refused, and not only did he refuse, he vowed to take everyone that worked for him with him! And he did! Scott Bessent is eager to help President Trump implement his AMERICA FIRST MAGA agenda. ALL ABOOOOOOOOOOOOOOOARD! TRUMP2024 MAGA Quote
EmmetK Posted November 23 Author Posted November 23 36 minutes ago, KeepItReal said: No degree required? Scott Beesent has a BA degree from Yale University No experience necessary? Interned with Scott Rogers, worked at Brown Brothers Harriman, Kynikos Associates, head of the London Office of Soros Fund Management where he oversaw 25 billion in investments, started his own multi-billion dollar hedge fund. No background check? Just nominated. Will go through a thorough background check. Ass kissing a must? He will be loyal to Trump just like any cabinet secretary is expected to be loyal to his/her President Sexual Offenders encouraged to apply? Do you know something about Scott Bessent's personal life the rest of us don't know? Spill the beans here, prey tell. You may want to hire a fact checker before you post. ALL ABOOOOOOARD! TRUMP2024 MAGA Quote
KeepItReal Posted November 23 Posted November 23 2 minutes ago, EmmetK said: No degree required? Scott Beesent has a BA degree from Yale University No experience necessary? Interned with Scott Rogers, worked at Brown Brothers Harriman, Kynikos Associates, head of the London Office of Soros Fund Management where he oversaw 25 billion in investments, started his own multi-billion dollar hedge fund. No background check? Just nominated. Will go through a thorough background check. Ass kissing a must? He will be loyal to Trump just like any cabinet secretary is expected to be loyal to his/her President Sexual Offenders encouraged to apply? Do you know something about Scott Bessent's personal life the rest of us don't know? Spill the beans here, prey tell. You may want to hire a fact checker before you post. ALL ABOOOOOOARD! TRUMP2024 MAGA Let us hope he knows the difference between "prey" and "pray". stevenkesslar 1 Quote
Members stevenkesslar Posted November 23 Members Posted November 23 2 hours ago, KeepItReal said: Let us hope he knows the difference between "prey" and "pray". Interesting background. He was Executive Director of George Soros' hedge fund. And, as @EmmetKruelty pointed out, he is married to a man with two kids. I personally take some of what is happening as a victory. Even a decade ago I don't think Republicans would have confirmed any Gay Cabinet member. Half of Republicans, and most evangelicals, still oppose same sex marriage. Democrats have forced them to make it normal. Less than a decade ago, in 2018, Kevin McCarthy decided he needed to integrate the Republican House, so it wasn't just White men with a few White women. The woman's wave of 2018, brought to you by Nancy Pelosi in a mass reaction to Trump's sexism, forced Republicans to do that. So, yes, we suffered a big fucking loss. Actually, not that big, really. But it hurts that America rejected a strong leader who is a woman of color for this sexist raping felon. Regardless, I'm proud of the fact that the LGBTQ community fought like hell to make it normal to be Gay and conservative. Nothing wrong with that. Genocide, on the other hand, is a whole different discussion. Poor Emmet! Bessent is pro-tariff. I suppose that is a job requirement in the Trump Administration. But I'll be curious to see if a rich raping felon like Trump and a rich conservative hedge fund manager really want to raise prices at Walmart for Latino Moms and Dads. We know expanded child tax credits promised by Harris didn't quite close the deal. Somehow, I doubt that tariffs on Walmart crap will make working class Latinos board the Trump train. Unless Tom Homan forces them to at gunpoint, of course. Quote
Members stevenkesslar Posted November 23 Members Posted November 23 3 hours ago, EmmetK said: Will the dems attack him because he is gay? Why do you assume Democrats are as hateful and unprincipled as you are? For you, nominating a child rapist as AG is just the same as nominating a Gay married man for Treasury Secretary. I mean, frankly, your enthusiasm for Gaetz and Bessent isn't quite at the level of your euphoria for Bibi The Baby Killer. But we get it. You are definitely on board with all these guys. I thought you might at least grasp that other people are able to make principled distinctions. My bad. Why would I think that a pro-Genocide Gay Jew like you has principles, or compassion? Quote
Members Suckrates Posted November 23 Members Posted November 23 Gurrrrrrl......Did I get the job ???? stevenkesslar 1 Quote
EmmetK Posted November 23 Author Posted November 23 8 hours ago, Suckrates said: Gurrrrrrl......Did I get the job ???? Yes. He did. And he got it because of his qualifications. Not because of DEI or identity politics. ALL ABOOOOOOARD! TRUMP2024 MAGA stevenkesslar 1 Quote
EmmetK Posted November 25 Author Posted November 25 Wall St closes higher; small-caps hit record high after Trump nominates Bessent "https://www.reuters.com/markets/us/dow-futures-hit-all-time-high-markets-laud-trumps-treasury-pick-2024-11-25/" "Nov 25 (Reuters) - Wall Street's main indexes ended higher on Monday, with the small-cap Russell 2000 index hitting an all-time high after Scott Bessent's nomination as U.S. Treasury secretary helped push bond yields lower." The Dow Jones Average closed at 42,221 on November 5th. It closed today at 44,736. That's over 2,500 points in 3 weeks! This is what happens when you are replacing criminal grifters with genuine leadership. The mass removal of illegals will reduce demand on food, fuel, and rent - helping to counteract inflation on the most basic needs of the American family at little cost in lost revenue (these are not high-taxpaying citizens). The mass removal of the Federal government workforce will greatly reduce government spending (payroll is always the largest expense in any enterprise, including government), not only making up for any revenues lost from and the cost of mass deportations, but also putting low skilled workers back into the private workforce to fill those low skilled jobs currently worked by illegals. Can you imagine how much the economy will improve just by removing the inefficient government boondoggle now in place? DOGE should evaluate the clearly weaponized agencies first. President Trump promised to make America RICH again. President Trump delivers! TRUMP2024 MAGA Quote
Goober Posted November 26 Posted November 26 There must be a place for P Diddy in donOLD's cabinet. Or, is he overqualified? stevenkesslar and Bingo T Dog 2 Quote
Members stevenkesslar Posted November 26 Members Posted November 26 4 hours ago, EmmetK said: Wall St closes higher; small-caps hit record high after Trump nominates Bessent So not to be super fucking mundane and boring, but there may be another thing Trump and Bessent have done that matters more. They re-inverted the 10 year/3month yield curve. Which, just last week, became un-inverted for the first time in two years. Holy boring technical analysis, Batman! My stock market geek nephew and I are debating each other now, in ways that make my posts here seem short and funny. He points out, correctly, that since 1992 every time the yield curve un-inverts we have a recession in about two to six months. It is also almost a truism that the best predictor of a recession is an inverted yield curve. I say almost because the one exception is 1967. Or, you can argue the 1967 inversion was right. It just took three years for the recession to happen. So this is a bit like Alan Lichtman. The yield curve inversion is the Nostradamus of recessions. But will it work this time? Inquiring investors want to know. When I bring my genius political and economic instincts to bear, my best guess is that Donald Trump is going to make me better off ........... in the short term. What to expect from the markets under Trump We'll get a short term high - but many investors worry about what comes next. Hopefully if you do not read FT much you won't get their paywall. First time I clicked on the article I got it it. Second time, I got the paywall. The main idea in the article is this. Trump will buy the US stock market another sugar high for a year or two, in the form of a massive new bump in already unprecedented federal debt. Like in 2017. For some strange reason, billionaires and corporations like tax cuts and less regulation for billionaires and corporations. Who knew, other than Trump's billionaire and corporate donors? And Latino men, who hate Latinx but love tax cuts for their rabidly anti-union billionaire bosses. But Trump will also create all kinds of new risks. Including by deregulation, and firing regulators. From crypto to obscure markets (who every heard of subprime derivates, anyway?) all kinds of shit could go wrong. And probably will in a few years, FT argues. Losers! Jew haters! Trump was already President once. That ended really well. My nephew and I agree that Trump is an asshole, but we disagree about one big thing. He thinks the 15 year old bull market has to be on its last legs. And a blow off top is imminent. That said, he thought the same thing at the end of 2021. Meanwhile, Warren Buffet sold off AAPL, and Stanley Druckenmiller sold off NVDA. But what do they know? I get all my stock advice from @EmmetKruelty. He does know one thing very well: cruelty begets cruelty. So my logic is that greed begets greed, and will always push the market higher. Until it can not. And if we needed a person to ignite greed, everyone knows who that person is: Jimmy Carter. Ha ha, just kidding. Habitat For Humanity is just what greed does for a tax write off. No, greed would send in Kamala Harris, who would raise taxes on billionaires and corporations to help the working class. That's what Wall Street wants! Ha ha! Fooled ya again. No, if Wall Street wants to set greed on fire, central casting would send in Donald Trump. And here we are. Ed Yardeni says this just reinforces his idea that we're in a new Roaring Twenties. And please, don't think about how that ended, okay? Think about how fun it is while it lasted. Yardeni, who actually did coin the term bond vigilantes, also says they are saddling up. I mean, if we are going to be the kind of extremists who worry about Palestinian children, or illegally deporting American children, or some kind of US debt crisis, we could go there. Maybe piling on more debt, playing with tariffs, and driving bond and mortgages rates up could be playing with fire. But why in the world would anyone every associate King Donald Trump (hey, one can always hope) with bankruptcy? 🤔 Trump Stocks are as good as Trump Steaks to me. Trump would never cause anything to go bankrupt. Never ............................................... Right? Which brings us right back to FT, Trump, and our lovely new Gay hedge fund manager, who will do whatever Trump wants to be Treasury Secretary. I think it all sounds great. I mean, Bessent is no Alan Greenspan, for sure. Greenspan trusted capitalism and capitalists to always do what was best for the market, albeit out of ego and greed. They correctly figured out that to maximize profits we needed more subprime loans, more subprime derivates, and more synthetic derivates that created endless liabilities. "How could that go wrong?", Greenspan said. The global financial crisis sure proved him right. Bessent may not be as much a genius as Greenspan. But with time, and encouragement from Trump, he can get there. So, obviously, FT is wrong. They predict Trump and Bessent will figure out how to go to extremes and blow it up, just like W. and Greenspan. Obviously, FT is extremist, Communist, Gay bashing, and Jew hating! When you add Trump, Musk, crypto, skyrocketing debt, war criminal Bibi The Baby Killer, and Wall Street to the mix, how could anything possibly go wrong in a few years? Meanwhile, make sure you get first class on the train. No smelly Black women allowed! TRUMP2024 MAGA GREED MORE GREED EVEN MORE GREED MARKET COLLAPSE BANKRUPTCY Quote
Members stevenkesslar Posted November 26 Members Posted November 26 Okay a short post, for a change. Now that Alan Lichtman has proven to be a worthless anti-Semitic Jew hater, I am turning to CNN for my prognosticating on the stock market. Biden is beating Trump on stocks. History shows markets do better under Democrats Quote The S&P 500, the gold-standard market index of 500 US stocks, has posted a compound annual growth rate of 14.1% from Biden’s November 2020 election through Thursday’s closing bell, according to veteran market strategist Sam Stovall of CFRA Research. The market returns under Biden are the second best in modern history going back to 1945, Stovall found. The only stronger performance was during the booming dotcom days under former President Bill Clinton during the 1990s. And remember, just like with Lichtman, past performance means shit. What matters now is greed, ego, and absolute loyalty to Trump. And maybe having sex with a child, or raping a woman or two. Quote
Members Suckrates Posted November 26 Members Posted November 26 12 hours ago, stevenkesslar said: Okay a short post, for a change. Now that Alan Lichtman has proven to be a worthless anti-Semitic Jew hater, I am turning to CNN for my prognosticating on the stock market. Biden is beating Trump on stocks. History shows markets do better under Democrats And remember, just like with Lichtman, past performance means shit. What matters now is greed, ego, and absolute loyalty to Trump. And maybe having sex with a child, or raping a woman or two. Well a Black token for HUD, and a Gay token for money.... If Bessent werent an incredibly rich Queen, Trump would have left him on the rainbow floor. Quote
Goober Posted November 26 Posted November 26 DonOLD claims his tariff proposal on goods from Canada and Mexico are in retaliation to what he sees as their lack of help in controlling fentanyl crossing into the US. If donOLD really wanted to address the fentanyl problem, he should promote instituting the death penalty for fentynal users. By doing this, it would not only decrease the market for fentanyl coming into the country, it would also eliminate one of the states that's a major drain on our country, West Virginia. Quote
EmmetK Posted November 26 Author Posted November 26 18 hours ago, stevenkesslar said: Okay a short post, for a change. Now that Alan Lichtman has proven to be a worthless anti-Semitic Jew hater...... That's not Allan Lichtman, that's you. ALL ABOOOOOOOOOOOOOOOOOOOOOOOOOOARD! TRUMP2024 MAGA stevenkesslar 1 Quote
Members stevenkesslar Posted November 26 Members Posted November 26 53 minutes ago, EmmetK said: That's not Allan Lichtman, that's you. In your mind, it's actually Lichtman, me, and about half of American Jews under 40. TRUMP2024 MAGA I WILL NOT READ! I WILL NOT READ! NO FACTS! NO FACTS! STOP THE ANTI-SEMITIC AMERICAN JEWS WHO THINK BIBI THE BABY KILLER IS PUSHING RACISM. STOP THE ANTI-SEMITIC AMERICAN JEWS WHO THINK BIBI THE BABY KILLER IS PUSHING APARTHEID. STOP THE ANTI-SEMITIC AMERICAN JEWS WHO THINK BIBI THE BABY KILLER IS PUSHING GENOCIDE. UNLEASH WAR CRIMINAL BIBI, WHO TRIES HARD NOT TO KILL THE WOMEN AND CHILDREN HE PLANS TO KILL. Quote
EmmetK Posted November 26 Author Posted November 26 Nothing proves my point about you better than you continuous postings of polls posted in Electronic Intifada ALL ABOOOOOOOOOOOARD! TRUMP2024 MAGA Quote
EmmetK Posted November 29 Author Posted November 29 The new Secretary of Treasury, Scott Bessent has stated that he would like to bring the $2.00 bill into general circulation. Below is the prototype. It may cause those afflicted with TDS to jump off their roofs! ALL ABOOOOOARD! TRUMP2024 MAGA Quote
EmmetK Posted December 4 Author Posted December 4 Judging by the market's response to this nomination, Trump has already made America RICHER. President Trump took his time to get the best qualified nominee. He is the man to help the President to get the massive federal debt eliminated or reduced to 6 zeros. Scott Bessent was appointed because of his background, knowledge and qualifications. So unlike Dementia Joe biden's appointments which were based on DEI and identity politics. TO THE VICTOR GO THE SPOILS! TRUMP2024 MAGA Quote
EmmetK Posted December 6 Author Posted December 6 Oh NO, Say it isn't so... Homophobe Trump is placing another Gay guy in a high government position? The highest cabinet position in US history! ... What kind of homophobe is Trump? I guess not a very good one. ... Lol. The appointment of Scott Bessent has all of the radical gay Mafia backtracking and clutching their collective pearls. Next thing you know he'll be placing colored people and, God help us... WOMEN!!! It's like all he cares about is qualifications!!! Little wonder why Dems hate him... TRUMP2024 MAGA stevenkesslar 1 Quote
Members stevenkesslar Posted December 6 Members Posted December 6 6 hours ago, EmmetK said: The appointment of Scott Bessent has all of the radical gay Mafia backtracking and clutching their collective pearls. You really hate yourself as a Gay man, don't you? And your hate projects out to lesbians, transgender kids, the whole LGBTQ rainbow. You are a self-hating, cruel man that could give a flying fuck that Trump has pissed all over LGBTQ rights. And was a miserable failure for the LGBTQ community in Trump 1.0. The Real List of Trump’s “Unprecedented Steps” for the LGBTQ Community Of course you won't read that. Of course you could give a shit. You are just into cruelty, period. You could give a flying fuck that Tom Homan opened the borders to fentanyl and presided over a massive and unprecedented increase in overdose drug deaths among young Americans who did not deserve to die on his watch. You love his big mouth. When he talks about illegally deporting American kids, it excites you. Cruelty is your thing. It turns you on. You are shouting it in every post. "I love cruelty. Give me more. Hurt transgender kids. Hurt Latino kids with immigrant parents. Piss all over the LGBTQ community. I could give a fuck. I'm in the Cruelty Community." I know your type well. As an escort, I was paid tens of thousands of dollars by guys like you. I'm happy to take the money and run, and try to make them feel a little better about what they deeply hate about themselves. Fucking is always fun. Maybe you could donate your body to an LGBTQ museum. Now that guys like me spent years fighting for same sex marriage, and won, this kind of self-hatred is more and more becoming a thing of the past. It would be nice to have a cruel relic of the past, before it was broadly accepted to even be a conservative Gay man like Bessent is. At least he is on the cutting edge, unlike you. He embraces the idea that Gay men can be loving fathers these days. The only time you refer to kids is when you talk about how exciting it is to illegally deport American kids. Or when you bully transgender kids. Some man you are. Gay, and self-hating. Quote
EmmetK Posted December 6 Author Posted December 6 Scott Bessent is a successful conservative gay man who doesn't have a vagina, doesn't use tampons, and doesn't wear lipstick. No wonder the looney gay mafia hates him. Another cog in the wheel of the new multi-racial, multi-ethnic Trump coalition. ALL ABOARD THE TRUMP TRAIN GET YOUR TICKETS NOW TRUMP2024 MAGA stevenkesslar 1 Quote
Members stevenkesslar Posted December 6 Members Posted December 6 On 12/4/2024 at 11:12 AM, EmmetK said: Judging by the market's response to this nomination, Trump has already made America RICHER. He's made me richer. 🤑 Thanks, loser felon. Of course, Biden from 2021 too 2024 has kicked the shit out of Trump's stock market returns from 2017 to 2020. Poor Donald. But I'll take the money, whoever the POTUS is. My problem with Bessent is that, way more than Greenspan, he is an ass kisser who will happily deregulate, and then act like a deer in the headlights just like Greenspan did when Wall Street abuses the economy like it did from 2002 to 2006. In Trump's two years of sole control we got tax cuts for billionaires and attacks on Obamacare, but not the worst of Wall Street predatory behavior. So we'll see. But I'm gonna make as much as I can now and likely put it in Treasuries, or some ETF like TMF. We know Homan and Navarro killed tens of thousands of Americans and hundreds of thousands of American factory jobs during Trump 1.0. And yet Trump hired them again. He seems to reward incompetence. So I won't be shocked if we are in for a very rough ride under our loving Gay Dad Treasury Secretary. Quote
Members stevenkesslar Posted December 6 Members Posted December 6 11 minutes ago, stevenkesslar said: You are a self-hating, cruel man that could give a flying fuck that Trump has pissed all over LGBTQ rights. 5 minutes ago, EmmetK said: Scott Bessent is a successful conservative gay man who doesn't have a vagina, doesn't use tampons, and doesn't wear lipstick. No wonder the looney gay mafia hates him. Quote
EmmetK Posted December 6 Author Posted December 6 Scott Bessent will work to make President Trump's first term tax cuts permanent, as well as eliminating taxes on tips, social-security benefits and overtime pay. President Trump is attempting to kill two birds with just one rock.....leave more money in the pockets of hardworking Americans AND deprive the D.C. swamp of some of the tax revenues that they wind up stealing from "We the People" in order to enrich themselves and their cronies. In order to truly drain the "Swamp", you gotta drain the money first. President Trump: Promises Made, Promises Kept TRUMP2024 MAGA Quote
