Political discussions about everything
#57986
WASHINGTON — Thousands of travelers were scrambling and commuters were re-thinking their work weeks Wednesday after a deadly Amtrak derailment in Philadelphia shut down a critical section of the busiest railroad in North America.

The crash choked Amtrak's Northeast Corridor, which carries more than 750,000 passengers a day between eight states and the District of Columbia, on Amtrak and eight commuter rail lines.

Amtrak warned there would be no service until further notice between Philadelphia and New York, and that service elsewhere in the region would have to be modified. Most commuter railroads in the Northeast were operating normally, although many lacked the usual Amtrak connections. Four freight rail operators also share the railroad.
Since lots of public workers in D.C. can't get to work, just think how much smoother our government will operate. Stocks should go up.
#58010
Since lots of public workers in D.C. can't get to work, just think how much smoother our government will operate. Stocks should go up.
Stocks leaped over 180 points this morning. You have all these public workers wondering why that is, why didn't stocks dive without 1000's of DC public workers at their desk doing public work shit. :lol: :lol: :lol:
#58025
I predicted the sun would come up because the train crashed and it did.

Obviously the crash made the sun come up today. I predicted it so that makes it true.



And when the market went up even more May 8th, 5 days before the crash?

Was that because all the government workers made it to work on time?

Tool, why don't you ask johnforbes how he changed his investing practices today based upon the crash.

And is FLR at $84 yet?




You can't fix willful stupidity.
#58036
I predicted the sun would come up because the train crashed and it did.
Yeah but I told you stocks would go up which they did, we're getting a little break from the public workers in D.C.

It really bothers clown that I can make such bold predictions and always be spot on, in the mean time the only prediction he's willing to put his reputation on is that the sun will come up. :lol: :lol: :lol:
#58039
And the GOP voted to cut Amtrak funding right after the crash.
So tossing money at the problem is going to stop engineers from speeding? Tax payer's already subsidize $60.00 for every Amtrak ticket sold, what about people riding the trains pay the full cost of their own tickets? If they want 100% safety then just add the costs to their tickets. I agree with the GOP, get the bills off of the tax payer's back.

Amtrak's annual revenue around $2.8 billion while consuming $48 billion in federal subsidies. The system has never earned a profit and all it's routes lose money. Private ran trains receive no subsidies and return a profit, go figure. Time to privatize Amtrak.
#58043
RealJustme wrote:
And the GOP voted to cut Amtrak funding right after the crash.
So tossing money at the problem is going to stop engineers from speeding? Tax payer's already subsidize $60.00 for every Amtrak ticket sold, what about people riding the trains pay the full cost of their own tickets? If they want 100% safety then just add the costs to their tickets. I agree with the GOP, get the bills off of the tax payer's back.

Amtrak's annual revenue around $2.8 billion while consuming $48 billion in federal subsidies. The system has never earned a profit and all it's routes lose money. Private ran trains receive no subsidies and return a profit, go figure. Time to privatize Amtrak.
Justme retorts with the with the typical mindless knee jerk conservative response, which completely misses the point.

So tossing money at the problem is going to stop engineers from speeding?

With funding safety upgrades to the system could have been made to the system. The GOP voted to cut spending by 20% which would have cut about 10 billion dollars in funding. Why don't you check your math and tell everybody how much ticket prices would have to increase to make up the difference? The democrats proposed 800 million for positive train control which was promptly rejected by the GOP.

Bridge, road, and tunnel infrastructure modernization spending is estimated to cost into the trillions. I suppose we can make that up with increased gas taxes...right?

Instead the GOP continues to push bullshit pork barrel defense spending on projects that will benefit military contractors in their home districts under the conservative guise that it's better to fight terrorists on foreign soil rather than on US soil. The Iraq war is estimated to cost 6 trillion dollars when it's all done and over. No WMDs found or evidence that Saddam was collaborating with terrorists. You don't hear conservatives screaming that trillions were being thrown at overturning a government that was no threat to the USA.

The US has an infrastructure which was once considered the gold standard. And now the GOP derides efforts to modernize the system by refusing to fund efforts to make the system more safer. The Chinese have budgeted to spend 100 billion in an effort to improve their rail system, while the GOP wants to turn the US into the laughing stock of the world...
#58187
And the GOP voted to cut Amtrak funding right after the crash.
Obama cut our military's funding drastically despite thousands being killed during his terms and liberals are good with that.

By the way, how about those stocks!
#58236
Newsflash for The Tool--- Amtrak has resumed service on the Northeast Corridor today and the markets didn't take a dump just because government workers are riding the trains again. (Which should have been the case if the markets went up last week because government workers COULDN'T ride the trains.)

Sorry to bring you the good news that the markets didn't crash today, Tool.
Good news for the rest of us sort of makes another of your prognostications turn out to be just another load of crap, doesn't it? :lol:
#58237
Newsflash for The Tool--- Amtrak has resumed service on the Northeast Corridor today and the markets didn't take a dump just because government workers are riding the trains again. (Which should have been the case if the markets went up last week because government workers COULDN'T ride the trains.)
Why would you reach that conclusion?
#58241
Why?

Because if you don't reach that conclusion, dimwit, you are forced into arguing that stocks will go up when government workers CAN'T get to work on the trains and that stocks will go up if they CAN get to work on the trains. (As the Dow is doing today.)

In other words, you are forced to argue that stock movement is unrelated to train travel by government workers, which makes your opening prediction that stocks would rise because government workers can't get to work on the trains sheer stupidity.
#58254
Because if you don't reach that conclusion, dimwit, you are forced into arguing that stocks will go up when government workers CAN'T get to work on the trains and that stocks will go up if they CAN get to work on the trains.
That's not how the market works. It works based upon speculation of what will happen in the future based on current information available. Think about the events after the train wrect real hard; if you give up let me know and I'll explain it to you.
#58278
"That's not how the market works. It works based upon speculation of what will happen in the future based on current information available."-RealTool

But that's just what I said, dimwit.

You argued that the markets would go up based on the fact of government workers not getting to work on the train.
Today the market went up based upon speculation when government workers DID get to work on the train.

So if, as you say, markets go up based upon speculation of what will happen in the future when workers CAN'T get to work on the train, and also went up today based upon speculation of what will happen in the future when they CAN get to work on the train, even a simpleton like you must conclude that there is no meaningful relationship between the markets going up and government workers getting to work on the train or not.

It's a wonder you aren't completely broke already investing with Partisan Hate Retirement Systems and by being so immune to simple reason.
#58295
So if, as you say, markets go up based upon speculation of what will happen in the future when workers CAN'T get to work on the train, and also went up today based upon speculation of what will happen in the future when they CAN get to work on the train
That was then and this is now, you can't think of the market as being static and that it will always respond the same way under set circumstances. I told you the market would leap after the train wreck and it leaped 300 points the very next day, I never said the market would go down when the route reopened, I have a better understanding of the market than to make such a simpleton prediction as you have. :D
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