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Architect, former CTO, consultant, author, editor, and industry/web standards expert that still enjoys writing code. Opinions are mine alone.

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John Evdemon

What will happen to the Stock Market if President Trump is impeached?

1 min read

These are the ony presidents to have been impeached (Nixon resigned before he was impeached).

The stock market is like a young person with attention deficit disorder (ADD). It tends to place far too much emphasis on political events that are unrelated to the revenues and earnings of private companies. In other words, the stock market overreacts. A lot.

It seems likely that the House is leaning towards impeaching the president. Following an indictment by the House, a “trial” would occur in the Senate. The Senate acts as a jury and decides whether or not to impeach the President.  Impeachment requires two-thirds of the Senate (67 of 100 Senators) to vote YES, Given the current representation in the Senate it seems very unlikely that the President will be impeached. 

This means the House will reprimand the President with impeachment hearings for historical records and no substantive changes will occur. The House impeachment process will only be ceremonial. 

 The last time a president was impeached the stock market remained relatively stable. When it comes to impeachment I hope that past performance is an indicator of future results.

 

Why "polyticks"?  Because politics derives from poly (meaning "many") and ticks (meaning "blood suckers")

John Evdemon

Political Discourse in 2019

John Evdemon

Hypocrisy in politics (Dept of Redundancy Dept)

Last May CNN reported that Sens. Robert Menendez (D-N.J.), Richard J. Durbin (D-Ill.) and Patrick J. Leahy (D-Vt.) wrote a letter to Ukraine’s prosecutor general, Yuriy Lutsenko, expressing concern at the closing of four investigations they said were critical to the Mueller probe. In the letter, they implied that their support for U.S. assistance to Ukraine was at stake.

Apparently it’s okay for Democratic senators to encourage Ukraine to investigate Trump, but it’s not okay for the president to allegedly encourage Ukraine to investigate Hunter Biden.

The constant bickering, backstabbing, and accusations is setting a terrible precedent for future political "leaders".

We're doomed.

 

John Evdemon

Ray Bradbury predicted the future.

John Evdemon

Can weaker/lobbyist-influenced federal legislation override state privacy laws? https://techcrunch.com/2019/09/19/silicon-valley-terrified-california-privacy-law