Trump Confuses Retirement Plans With a Car, Brags About Curing Cancer

Mish

Trump fired up a Tweetstorm of activity with a pair of unrelated Tweets today.

How's Your 409K Doing?

Trump has since deleted that Tweet

Replacing it with this.

Some suggest Trump did it on purpose to elicit a response. And there were some funny ones.

Simple Math?

Musical Tribute

Mine's Real Fine! How's Yours?

409 Fun Facts

The 409 was in the Chevrolet Big-block Engine group.

The Chevrolet "Big Block" is a term for a series of large displacement V8 engines that have been developed and produced in the United States from the 1950s until 2009. As American automobiles grew in size and weight following the Second World War, the engines powering them had to keep pace. Chevrolet had introduced its popular small block V8 in 1955, but needed something larger to power its medium duty trucks and the heavier cars that were on the drawing board.

The W-series was produced from 1958 to 1965, and had three displacement options: 348 cu in (5.7 L), available from 1958 to 1961 in cars, and in light trucks through 1964; 409 cu in (6.7 L), available from 1961 to 1965; and 427 cu in (7.0 L), available in 1962 and 1963.

The 409 cu in (6.7 L) version was Chevrolet's top regular production engine from 1961 to 1965, with a choice of single or 2X4-barrel Rochester carburetors.

A 409 hp (305 kW) version of this engine was also available, developing 1 hp per cubic inch with a dual four-barrel aluminum intake manifold and two Carter AFB carburetors. It had a forged steel crankshaft. This dual-quad version was immortalized in the Beach Boys song titled "409".

When Does Trump Trump Take Up Surfing?

In other news, I am please to report the Trump administration takes credit for curing cancer.

Desperate People Do Desperate Things

I am very pleased to see Jim Bianco speak his mind like this. Many fear readership or client repercussions.

Mike "Mish" Shedlock

Comments (27)
Latkes
Latkes

How's Your 409K Doing?

Lame. You never made a mistake, Mish?

Trump administration takes credit for curing cancer.

Trump is really a great troll. :)

No. 1-13
caradoc-again
caradoc-again

What will future generations think of a world where leaders of the most powerful nations tweet & tweet crap?

Will they judge harshly, understand, or look up to this as some pinnacle in global human communication as they have become even more degenerate?

I hope they will have moved on and upwards else its game over for all of us.

AWC
AWC

My 5.9 L is all in bullshit calls.

thimk
thimk

Bianco's chart on Iranian oil production is very revealing despite Rocky Trump's sophomoric tweets.

Latkes
Latkes

The issue with the 409k tweet isn't the typo, but him taking credit for the stock market high means that he will have to take the blame for the eventual crash.

Felix_Mish
Felix_Mish

Has anyone noticed that this Mish posting includes and elicits a whole raft of comments in which you could substitute "the current US president" for any instance of the word, "Trump"?

"Trump" tweets that the cancer kill rate has gone down. And he includes a random mention of "this administration" to kinda tie the two things together in the mind of the reader. Sort of like putting a pretty women in a car ad. Or like a Bloomberg headline generator: "The stock market was <lower|higher|stable> today on news that <random_recent_headline>".

And his tweet is magically translated in some minds to "Trump claims he cured cancer!!!!!!!!"

Or, "if Trump claims he's the cause of a high stock market, he must take the blame for a low stock market." ... OK. ... Sure. ... And, let's see a list of American presidents who:

  1. Were in office with a rising stock market and didn't claim responsibility.
  2. Were in office with a lowering stock market and claimed responsibility.

People are soooo fixated on Trump being somehow different from the rest. I agree. He is different. He doesn't speak the Standard American Politician dialect. But that's his skin.

Under the skin he lives in the same world any president does. If you can't - or won't, won't, won't! I won't! - understand his dialect, at least, for God's sake, don't chase after your imagination of what he's saying like you're some frisky dog after a tennis ball.

</smiling_flame>

Harbour
Harbour

I don’t know Mish, do you still think I’m a moron for saying you have TDS? Trump sure seems to take up space in your head. Who cares about Trump? You seem to.

ReadyKilowatt
ReadyKilowatt

Millennials aren't investing in 401(k) plans, at least if the headlines are to be believed. That means boomers and gen-X are invested, but should be reducing their risk, not playing in the casino. My plan didn't do 70% last year but that's fine because when the music stops I should be able to keep what I have, at least if my fund manager is doing his job.

"Downside risk" doesn't ever enter the lexicon. And it will burn a lot of people, unfortunately.

ksdude69
ksdude69

These people are totally out of touch. It's going to be interesting when lots of people in my age group reach retirement age with no pension, measley 401k's and social security issues. Just looking around at people I know it looks like the poverty rate is going to skyrocket.

Wmjack50
Wmjack50

DOJ closes investigation of Clinton ---swamp still in power in DC---

Wmjack50
Wmjack50

--just remember Trump is much better than the opposition despite his flaws

Top*GUN
Top*GUN

409... Pretty sure he was talking about a cleaning agent,,, not a GM engine size...


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