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Analysed 42,000 tweets, tweets from the last 217 weeks.
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Last 50 tweets from @kurteichenwald
I only comment on SCOTUS rulings I read. The all-GOP one in Cruz case is top 5 most absurd. The rationalizations to justify ending another campaign finance law to benefit only the rich - & legalize bribery - shows theyve replaced constitution with GOP platform for all decisions.
 
We have known for years that the greatest terrorist threat in this country are right wing extremists. And we also have known that GOP politicians intentionally fueling conspiracy theories for votes spurs them on. I wrote this in February, 2016. newsweek.com/2016/02/12/rig…
Right-Wing Extremists Are a Bigger Threat to America Than ISIS
newsweek.com
 
Kurt Eichenwald Retweeted ·  
If a Muslim journalist or politician repeated the ideology, talking points and conspiracy theorists of violent extremists, and a person massacred 10 people in Buffalo repeating the same conspiracy as his inspiration -- how would this country respond?
 
"Another white supremacist terrorist has committed mass murder, inspired by the 'great replacement' thinking pushed regularly by @TuckerCarlson and others on the right. Blood is on their hands, 100%." - Tim Wise, Anti-racism educator.
 
Kurt Eichenwald Retweeted ·  
In reply to @kurteichenwald
Even more under Trump's watch: Infant formula made by Abbott tested positive for deadly bacteria at least twice dating back to 2019, according to newly released records. consumerreports.org/baby-formula/f…
 
In reply to @kurteichenwald
Screw the blame game what's Biden doing about the here & now ?
Replying to @gebertx1
Bashing heads, which has led Abbott to do an emergency import from its Ireland plant of millions of cans of dry formula. It's on its way. Thanks, Joe!
 
That media talks about baby formula shortage w/o knowing whats going on is amazing. Trump's USMCA restricted imports of formula from Canada, so we imported no formula from Canada in 2021, leaving us vulnerable to domestic shock. The shock hit when Abbott plant was contaminated.
 
 
Found that it wasn’t their formula… and Biden’s FDA still hasn’t given the go ahead to reopen it… details details
Replying to @NoProctologist
Ah, how easy falsehoods spread. No, it was their formula. The new info just disclosed is that an earlier inspection found cronobacter in a finished batch of formula. That lot was thrown out, but FDA didn't inspect whole plant back then to make sure it wasn't just one batch.
 
This, by the way, shows the self-defeating nature of economic nationalism and trade protectionism of modern GOP (traditional GOP would have been horrified by it.) When you cut off imports, and end up in a domestic supply shock, shortages emerge.
GOPrs blame Biden for baby formula shortage without explaining why. Reality:Trump's rewrite of NAFTA limited Canada's exports of formula (a sop to US dairy industry) ignoring risk of domestic disruption. One emerged:a US plant shut down when its contaminated formula killed babies
 
GOPrs blame Biden for baby formula shortage without explaining why. Reality:Trump's rewrite of NAFTA limited Canada's exports of formula (a sop to US dairy industry) ignoring risk of domestic disruption. One emerged:a US plant shut down when its contaminated formula killed babies
 
If I were to disappear from here, would anyone notice?
I know of 3 people who might... what's the point of sharing thoughts with a vacuum? But yeah, so proud of thousands of followers 🥴😭
I've tried to engage but I still don't see that side of Twitter where people make friends.
Replying to @labecs
I would miss you.
 
Nobody wants to work (for poverty wages) anymore!
 
In reply to @buhhhhlieevmeee
I gave you an extensive analysis as to why, and why I moved my investments overseas. Your response is. “It went up.” Yes, for terrible reasons. Again, we have set ourselves up for serious trouble - which we are beginning to see now - because we held an inflationary approach…
…for purely short term gains, putting us into a super bubble. An ugly price will be paid. I never imagined the fed and our political parties would be jointly so reckless, which pushed up market irrationally. Want to understand more? Read this gmo.com/americas/resea…
 
In reply to @kurteichenwald
Great. The day you sent that tweet, the SP500 closed at 2,164.69. Today it closed at 3,930.08, up 81.5%. The COVID bottom of 2,237.40 is still 3.4% above the point at which you encouraged people to sell all of their equities. You can explain or just acknowledge that was reckless.
Replying to @buhhhhlieevmeee
I gave you an extensive analysis as to why, and why I moved my investments overseas. Your response is. “It went up.” Yes, for terrible reasons. Again, we have set ourselves up for serious trouble - which we are beginning to see now - because we held an inflationary approach…
 
In reply to @UROCKlive1
Yep, and I feel like a lot of the people who think this is different now don’t remember that, or weren’t around for it. The story is “well back then it was a bunch of bad lending practices, that’s not happening now”… but still.
Replying to @juln @UROCKlive1
It's never different. It's always the same. The housing market bubble will pop.
 
In reply to @kurteichenwald
Personally I'm interested in seeing what happens with the real estate market. I've had various people tell me "yes, it will definitely keep going up forever!!". I'm somewhat skeptical.
Replying to @juln
The housing market is in a huge bubble. Thats why we just sold our house rather than wait for the bubble to pop.
 
In reply to @kurteichenwald
Unloaded the little I had left a few weeks ago and I’ve been in it since 2014
Replying to @sonofnels
You are a smart man. Nothing wrong with investing in a bubble so long as you remember to get out before the bubble pops. Just like Mark Cuban did, which is why he is rich as hell.
 
In reply to @kurteichenwald
That’s just wrong. People “ invest” in currencies all the time.
Replying to @PicadioAntonio
People trade currencies, based on valuations in relation to other currencies which in turn are based on various governmental/interest rate factors. Show me any currency people buy and hold and that is divorced from all other currency valuations. Crypto. That's it.
 
In reply to @kurteichenwald
It's a speculative investment while on the path to currency adoption
That makes no sense. Yes, it is speculative. But calling it an investment is even far fetched. It is impossible to find a valuation, because its value is set solely on what others will pay, with no underlying assets. Investments can be analyzed for valuation. Crypto? No.
 
In reply to @kurteichenwald
...in a few years. Unless the fed successfully guides us into a soft landing. But I dont have confidence in that. And it doesn't matter if it's a democrat or republican in the white house. It all depends on valuations, demand, and valid p/e's. We now have non-GAAP accounting...
...as an accepted thing. We have manufactured earnings. We have massive stock buybacks in the trillions, all to keep stocks afloat. At some point, it all will readjust and reality will enter the marketplace. And it will be ugly. See: 1987, 1990, 2000, 2008.
 
In reply to @kurteichenwald
...with the Smoot Hawley tariffs. And those led directly to the stock market crash of '29. Flooding the economy with tax cuts for the rich, while keeping it also flooded with Fed cash and low interest rates, was reckless. There *will* be a stock market crash at some point...
...in a few years. Unless the fed successfully guides us into a soft landing. But I dont have confidence in that. And it doesn't matter if it's a democrat or republican in the white house. It all depends on valuations, demand, and valid p/e's. We now have non-GAAP accounting...
 
In reply to @kurteichenwald
...do, I would have said get out of stocks. I was stunned - *stunned* - that the GOP so casually abandoned free trade and became the party of trade wars, something often pushed by actual socialists. The last time we were hard-core trade warriors was in the early 20th century...
...with the Smoot Hawley tariffs. And those led directly to the stock market crash of '29. Flooding the economy with tax cuts for the rich, while keeping it also flooded with Fed cash and low interest rates, was reckless. There *will* be a stock market crash at some point...
 
In reply to @kurteichenwald
...philosophy, is the correct thing to do. It doesn't matter if the market goes up or goes down after that. Investing in the unknown is stupid. It wouldn't matter if Clinton came in - if she started screaming for trade wars and it was impossible to assess what the Dems would...
...do, I would have said get out of stocks. I was stunned - *stunned* - that the GOP so casually abandoned free trade and became the party of trade wars, something often pushed by actual socialists. The last time we were hard-core trade warriors was in the early 20th century...
 
In reply to @buhhhhlieevmeee
I did. Held tight for a month to see where the targeted areas of trade wars would be, then reinvested overseas. No financial advice is eternal. Again, shifting to cash at a time when it was totally unclear if the GOP was actually prepared to abandon a century of financial....
...philosophy, is the correct thing to do. It doesn't matter if the market goes up or goes down after that. Investing in the unknown is stupid. It wouldn't matter if Clinton came in - if she started screaming for trade wars and it was impossible to assess what the Dems would...
 
In reply to @kurteichenwald
Kurt, that's all great. But here's the tweet. You literally said "I sold all stocks" and then you encouraged folks to do the same. How would that have worked out for a random person who didn't just spend a dozen tweets trying to... explain that? pic.twitter.com/6jVAtBUIiL
Replying to @buhhhhlieevmeee
I did. Held tight for a month to see where the targeted areas of trade wars would be, then reinvested overseas. No financial advice is eternal. Again, shifting to cash at a time when it was totally unclear if the GOP was actually prepared to abandon a century of financial....
 
In reply to @kurteichenwald
...how they work. Trump wasn't some market genius: The GOP was horribly reckless. That the party of free markets became the party of trade wars was insane. Who is sitting in the Oval Office is irrelevant. What matters is their policies. And abandonment of old GOP market...
...philosophy at the altar of political nationalism is not a financial policy. Again, high inflation was inevitable. The fed should have raised rates in 2019. It's the same way the Fed - not Bush - caused the 2008 economic collapse by keeping rates too low for too long.
 
In reply to @kurteichenwald
...pumped more into the economy to minimize that potential collapse, leading the smart money to drive up prices when they saw this was a market being kept afloat artificially. Heavy inflation was inevitable. Unfortunately, too many people have no understanding of markets or...4
...how they work. Trump wasn't some market genius: The GOP was horribly reckless. That the party of free markets became the party of trade wars was insane. Who is sitting in the Oval Office is irrelevant. What matters is their policies. And abandonment of old GOP market...
 
In reply to @kurteichenwald
...the politics and not reasonable financial stewardship. (Again, the GOP used to be very good at this in terms of knowing role of interest rates. Now? Nope.) Thats also why he eventually started downplaying COVID, because he feared what it would do to the market. And the fed...3
...pumped more into the economy to minimize that potential collapse, leading the smart money to drive up prices when they saw this was a market being kept afloat artificially. Heavy inflation was inevitable. Unfortunately, too many people have no understanding of markets or...4
 
In reply to @kurteichenwald
...that was why, every time there was even a slight correction in market prices - which *has* to happen - Trump demanded that the fed adopt negative interest rates, something you *never* do in a strong economy. They should have raised rates years ago, bu Trump was all about.../2
...the politics and not reasonable financial stewardship. (Again, the GOP used to be very good at this in terms of knowing role of interest rates. Now? Nope.) Thats also why he eventually started downplaying COVID, because he feared what it would do to the market. And the fed...3
 
In reply to @buhhhhlieevmeee
Trump had no market plan. And he was pushing trade wars, which under traditional (Read Republican) & correct financial analysis means falling markets. That was the reason to get out. Instead, went to markets where no trade war threats. But fed kept everything propped up.../1
...that was why, every time there was even a slight correction in market prices - which *has* to happen - Trump demanded that the fed adopt negative interest rates, something you *never* do in a strong economy. They should have raised rates years ago, bu Trump was all about.../2
 
In reply to @kurteichenwald
Since you seem to be aware of what I'm referring to, do you have the original tweet? I can't find it. Entirely possible I'm mistaken here, but I thought the advice you provided was to liquidate because of Trump, which seems different than what you say here.
Replying to @buhhhhlieevmeee
Trump had no market plan. And he was pushing trade wars, which under traditional (Read Republican) & correct financial analysis means falling markets. That was the reason to get out. Instead, went to markets where no trade war threats. But fed kept everything propped up.../1
 
Quick question - did you ever jump back into equities after encouraging folks to liquidate them when Trump got elected?
Replying to @buhhhhlieevmeee
Never got out. Invested overseas, where my returns were higher than S&P. When I realized the fed was keeping market afloat with massive direct & indirect cash infusions & continuing cheap credit in a booming economy (insane thing that as sure to drive up inflation) I came back in
 
In reply to @kurteichenwald
...rational business plan defining where the market was and why it would grow. (One of the few that did have one: Amazon.) Dot com billionaires are the ones who were smart enough to get out (or at least hedge their investment) before the inevitable crash. (See Mark Cuban.).../4
Replying to @kurteichenwald
...every idiot is a genius in a rising market. It's when it all comes crashing down to earth that arrogance and the sneering "you just dont understand" mindset of people who have never lived/learned from a bubble, who dont understand markets, comes to an end. end
 
In reply to @kurteichenwald
...people's willingness to buy. Because it had no oversight, international money launderers flooded into it, driving up the price. It was worse than the dot-com era (another time when people screamed "It's different this time!") when valuations were disconnected from any.../3
Replying to @kurteichenwald
...rational business plan defining where the market was and why it would grow. (One of the few that did have one: Amazon.) Dot com billionaires are the ones who were smart enough to get out (or at least hedge their investment) before the inevitable crash. (See Mark Cuban.).../4
 
In reply to @kurteichenwald
...which means its value is set based on its relationship to other currencies, or it is an investment. As an investment, you are buying no underlying assets or obligations. In other words, like in the tulip bulb mania, prices were being set based on nothing other than other.../2
Replying to @kurteichenwald
...people's willingness to buy. Because it had no oversight, international money launderers flooded into it, driving up the price. It was worse than the dot-com era (another time when people screamed "It's different this time!") when valuations were disconnected from any.../3
 
Before investors jump back in to Crypto once it experiences the almost certain "dead cat bounce," let me again explain the underlying issue: Its advocates claim it's both a currency & an investment disconnected from exchange rates. This is impossible. It is either a currency../1
Replying to @kurteichenwald
...which means its value is set based on its relationship to other currencies, or it is an investment. As an investment, you are buying no underlying assets or obligations. In other words, like in the tulip bulb mania, prices were being set based on nothing other than other.../2
 
Before investors jump back in to Crypto once it experiences the almost certain "dead cat bounce," let me again explain the underlying issue: Its advocates claim it's both a currency & an investment disconnected from exchange rates. This is impossible. It is either a currency../1
 
...and here is the other thing. Every time: Once the exuberant investing leads to a crash, the frauds & money laundering that were being hidden by the relentless value growth emerge. So buckle up.
Me (every 5 yrs or so for last 35 years): Markets with irrational growth based on exuberance will always crash.

Response: (Every time.) This time it's different.

Me: It's never different.

Response: You just dont understand.

Same song, 30th verse. nypost.com/2022/05/12/cry…
 
Me (every 5 yrs or so for last 35 years): Markets with irrational growth based on exuberance will always crash.

Response: (Every time.) This time it's different.

Me: It's never different.

Response: You just dont understand.

Same song, 30th verse. nypost.com/2022/05/12/cry…
 
Replying to @BGulsby
...and that will decontaminate the plant how? Since it will be the exact same people decontaminating it if they invoke DPA as if they dont.
 
That certain GOPrs are pretending that the FDA closed the Abbott baby formula plant for no reason is disgusting. The plant was contaminated. Babies died. The process for decontaminating a plant with bacterial infestation is complex & takes time, so that more babies dont die.
 
Has Biden explored using the Defense Production Act to reopen the formula plant his FDA closed, or is he going to continue to just sit around
Replying to @HawleyMO
The plant's problems killed multiple babies. It can't just be "reopened." Formula production doesnt work that way. The problem leading to contamination must be found and fixed, which takes time. Looking for political points by deceiving about why the plant was closed. Disgusting.
 
Book recommendation of the day: "The Adventures of Herbie Cohen" by @richcohen2003. This was easily the most delightful book I have read in years, and the first in a long time that had me laughing out loud every few pages. Can't recommend it enough.
amazon.com/Adventures-Her…
 
 
.@elonmusk: I'm not sure the status on Tesla trademark, but a company is using "Tesla" in what appears to be a scam selling "Medbeds." Medbeds are part of the QAnon delusion. They believe it repairs all illness. They are being charged $19,000. Go get 'em.
teslabiohealing.com
Tesla BioHealing | Life Force Energy Technology
teslabiohealing.com
 
In reply to @CMargaronis
Why would she leak to Politico, and not, for example, the Wall Street Journal? Or another conservative outlet?
There was a major leak to the wsj days before, describing what was going on behind the scenes in the jockeying for votes and Roberts attempt to narrow the decision to just the case at hand. So, someone already had leaked inside info to the journal. And then the draft leaked.
 
I laid out to my wife my case for who I believed leaked Alito draft, either directly or from her hands through someone else. My wife said “Ooh,” and thinks there’s a 90% probability I’ve identified the woman. Not a Justice or clerk. But you know this reckless conservative’s name.
 
Big news, @RadioFreeTom! Carla is starring in the remake. youtu.be/W85oD8FEF78
 
 
 
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