Dow drops 700 points for worst day of 2025 so far on new fears about economic growth

https://cnb.cx/3XacWXq


Damn, and I thought for sure that renaming the Gulf of Mexico, picking
fights with Canada and Mexico, and of course the great brain Elon Musk
would have fixed all of these concerns by now.

These investors just don't know what winning means.


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Mike Powell wrote to ALL <=-

Damn, and I thought for sure that renaming the Gulf of Mexico, picking fights with Canada and Mexico, and of course the great brain Elon Musk would have fixed all of these concerns by now.

These investors just don't know what winning means.

It is a hollow victory seeing all of the MAGA tears over white people
being fired from government positions, when they thought only
non-whites would be fired.

"I DIDN'T VOTE FOR THAT!"

Yes, you did.

But, we're all paying the price.




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Damn, and I thought for sure that renaming the Gulf of Mexico, picking fights with Canada and Mexico, and of course the great brain Elon Musk would have fixed all of these concerns by now.

These investors just don't know what winning means.

It is a hollow victory seeing all of the MAGA tears over white people
being fired from government positions, when they thought only
non-whites would be fired.

"I DIDN'T VOTE FOR THAT!"

Yes, you did.

But, we're all paying the price.

With some it could be a skin color reaction. With others, I think they pictured a bunch of "lefties" getting the axe not realizing that there are people from all sides of the spectrum that work for the government. Or
they thought it would be a bunch of office workers, or WFH people, and it
has turned out to be park rangers and others with lower paying jobs.

Or they don't realize there are a whole lot of federal government
employees in very red states.

Or they just thought it wouldn't be someone they know, or even themselves,
but it is.

I saw a parody video this morning of a young woman getting fired for being
an "equity developer" and therefore a "DEI" hire. Turns out she develops programs for "financial equity." She asks if they just did a "CTRL-F
search" on certain words and decided who to fire from that.

IMHO, she has figured out one of the tools the high-IQ brilliant minds at
DOGE are using to find victims without knowing what the hell they are
looking at.


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Mike Powell wrote to KURT WEISKE <=-

With some it could be a skin color reaction. With others, I think they pictured a bunch of "lefties" getting the axe not realizing that there
are people from all sides of the spectrum that work for the government.
Or they thought it would be a bunch of office workers, or WFH people,
and it has turned out to be park rangers and others with lower paying jobs.

I'm surprised there's not more directed outrage at this - government
workers, in my experience, take a pay cut compared to the private
sector, in exchange for doing public work and for being able to retire
with a pension. The latter seemed to drive behavior more than anything -
you don't want to risk getting a paycheck for the rest of your life. I
knew people whose sole driver at work was keeping their heads down, not
making waves, and someday retiring after 30-someodd years with a
significant fraction of their take home pay guaranteed for life.

Getting cut off from that, or reducing your pension amount should be
enough to get workers up in arms, figuratively.



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I'm surprised there's not more directed outrage at this - government
workers, in my experience, take a pay cut compared to the private
sector, in exchange for doing public work and for being able to retire
with a pension.

After being laid off three times, I decided to take the public work route.
When the time came to retire, I didn't regret the decision.

The latter seemed to drive behavior more than anything -
you don't want to risk getting a paycheck for the rest of your life. I
knew people whose sole driver at work was keeping their heads down, not making waves, and someday retiring after 30-someodd years with a
significant fraction of their take home pay guaranteed for life.

It is a more significant fraction than none here but there are people who
make it through private sector jobs who take home a *whole* lot more... if
they make it! I think federal employees have a better deal re: retirement
pay, too.

In the last office I worked in if you didn't do anything, as money was
tight, you were very much not likely to ever see any pay increases. A few non-performers would stick around but most would eventually get bored and leave. The office before that, most of the employees were contractors and had to perform or they got let go, and they were not a part of the retirement system.

Getting cut off from that, or reducing your pension amount should be
enough to get workers up in arms, figuratively.

What I have heard in some reports is that the employees cut off were "probationary" which means that they were not yet in the retirement system,
if that means what it does here at state level.

I do very much expect some fallout, and possibly very costly fallout, once
the lawsuits get going.


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