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If Trump Fails, What Can We Expect From a Harris/Biden Administration?


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2020 Nov 9, 12:51am   1,038 views  12 comments

by WillPowers   ➕follow (4)   💰tip   ignore  

Don’t despair, it’s not all bad. Oh, wait, IT IS!

If you expected things to calm down, and wanted to see less rioting on the streets, you may be disappointed. The truth is, the riots are still ongoing.

In a Biden administration, defunding the southern border wall and the possible demolition of existing wall will be a top priority. You can expect to see increased illegal immigration

He will introduce more regulation that will stifle business growth. He will raise the corporate tax rate to nearly 30%, driving corporations to set up shop overseas, most likely in China.

North Korea will further destabilize, given the policy dictates of a Biden/Harris administration not to speak with Kim Jong un.

You can kiss your gun rights goodbye. By time they are done with your guns you will be reduced to a pistol with one shot. Meanwhile, the criminals will be armed AK 47’s.

SEE: https://inversenews.wordpress.com/2020/11/09/correction-nov-8-2020/

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1   WookieMan   2020 Nov 9, 3:46am  

We’ll find out this morning when the market opens. If you’re close to retirement I’d pull out of stocks today. A Biden presidency will result in sideways movement at best and a recession at worst. I’d expect the worst as he’ll throttle innovation and business grow.

Trump needs to come out with good news this week on the legal battles. Otherwise we’re going to see a pretty ugly week I think in the markets. As a younger person I don’t mind. Buying opportunity. I’d be cautious over the next few weeks though. Could get ugly.
2   RWSGFY   2020 Nov 9, 5:20am  

WillPowers says
He will raise the corporate tax rate to nearly 30%


WillPowers says
You can kiss your gun rights goodbye. By time they are done with your guns you will be reduced to a pistol with one shot.



Needs the Senate for this. Doesn't have it yet.
3   Shaman   2020 Nov 9, 5:30am  

Gun rights are gonna be hard for Biden to tinker with while a Trumpian SCOTUS oversees all such results.
Why would businesses move to China when that would mean they'd have to give half ownership to the CCP?
Any tax bill will have to go past the Senate, which is unlikely to be cooperative with a Biden agenda of higher taxes.
4   WookieMan   2020 Nov 9, 6:32am  

WookieMan says
If you’re close to retirement I’d pull out of stocks today.

I'd still pull out and take the gains with the pre-market numbers looking good. 5%+ this morning. Take it and run. Again, this would be for someone retiring during the Biden years. If the DJI is above 25k by the time Biden is out, I'd be pretty shocked.

Or there's underground news that Trump can pull this off somehow and that's the bump. Seems strange either way. The bankers love Trump. Scary if they love Biden more. That's not good.
5   WookieMan   2020 Nov 9, 6:37am  

Shaman says
Any tax bill will have to go past the Senate, which is unlikely to be cooperative with a Biden agenda of higher taxes.

That and I'm not sure you'd get 100% of Dem Senators on board either. 2022 becomes a huge election season if Biden gets in. Dems need to keep the House (and potentially Senate) and playing around with gun rights or taxes is a sure fire way to bring about a red wave. Biden is a lame duck either way, even with the Senate.

We're basically down to our government changing things through EO's. We'll see how they vote, but thank god they got ACB in before this election. That may go down as the best SCOTUS appointment to stop these crazy people.
6   Tenpoundbass   2020 Nov 9, 6:51am  

Blood and Guts, there wont be a Biden Harris Presidency, that will be a temporary Hostile Take over by a foreign actor.
To which will be met with heavy violence and resistance. No not a civil war of Trump flag vs ANTIFA flag idiots. I'm talking about our Military not having it.
7   zzyzzx   2020 Nov 9, 6:59am  

WookieMan says
and playing around with gun rights or taxes is a sure fire way to bring about a red wave.


They will stuff the ballot boxes on senates races...
8   Rin   2020 Nov 9, 7:03am  

My prediction ... by early 2022, we'll have a fresh new military division in the middle east for some other 'nation building' exercise of sorts.

Outsourcing will ramp up so that if you're not into finance, you'll have no other type of career, outside from health care, in America within the decade.
9   Rin   2020 Nov 9, 7:07am  

WookieMan says
Take it and run.


I'm more a dividends guy than cap gains person because I don't rely on politics for my eggs nest, since every few years, we switch the helm at the Presidency.
10   Tenpoundbass   2020 Nov 9, 7:13am  

Lots of people will be arrested for disputing the Biden Harris administration.

Dissidents will be locked up without due process. Patrick.net, Gab.com, The Gateway Pundit, and Breitbart will taken over by the State.
Houses will be taken from White people and given to Black LBGTQ with white skin tones.
The Bernie Bro's will be revolting and bombing for all the wrong reasons, the Media will say they are Trump supporters, and used to vilify Trump supporters.

Our economy is going to tank, Democrats will be pimping out their Kids, but what else is new?
11   Rin   2020 Nov 9, 7:15am  

Tenpoundbass says
Patrick.net


Which is why I keep saying ... use a VPN!

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