Mnuchin to convene 'Plunge Protection Team', markets slide

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The Trump administration is arranging a phone call on Monday with top U.S. regul...

 

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Rigged market alert!!

Take a moment and it sink in that stevenmnuchin1 is in charge of shoring up the dyke, against the dick in the WH.

Can you say, mail-order bride? Maybe DHS can initiate removal proceedings and end this sham marriage.

If history repeats itself, good riddance.

while sipping pina coladas in his cabo san lucas cabana? smh... mmfa TheAtlantic AP WSJ washingtonpost nytimes

HaHaHaHa and what team is going to help you after the president bullys and humiliates you into a deep dark dive like he did to the stock market.

♫ Jingle bells, markets fell, Mnuchin laid an egg... Wall Street whores shit their drawers and the POTUS Tweets awaaayyy... ♫

Yeah, that’ll really help ease people’s anxieties. To announce some emergency meeting about bank’s liquidity.

Criminal

He can plunge into Gitmo with the rest of the crooks of Team Trump

The name in itself is suspicious and lacks reassurance.

Plunge Protection? Plunge as in what has happened to my 401k? Protect away!

Maybe this is not the time or place to say this, but I can’t look at a picture of Mnuchin or Papadoupolos without being filled with a 100% sense of confidence that their wives are running a blatant con on them & it’s obvious to everyone in their lives but Steve & George.

Better to deflate bubble now in order to protect the economy later. Tighter markets mean tighter and more predictable markets. Less of the bearish tail wagging the dog.

OMG this is comedy gold. StephenAtHome billmaher

How are plumbers going to fix the economy? 🤦‍♂️

Nothing prevents panic like panic?

stevenmnuchin1 is a self-dealing detestable creature. He pocketed millions from the Bernie Madoff Ponzi scheme AND committed fraud by leading companies that profited on homeowners foreclosures.

Freeze all IRAs and 401k when markets plunge 100 pts. Protect seniors accounts.

Oh God, too many clowns in this circus of a presidency.

Lol this guy is literally using Zerohedge terminology from 2013 hoping that no one will notice he has absolutely no idea what he is supposed to do except ......beg the fed to feed the markets with newly printed money to try and kick the can? What a gong show

Classic. Trump WH created the problem with GOPTaxScam, unnecessary trade war & BabyMan's capricious actions. Now they try to blame others & claim victory if markets correct. But I don't believe they can forestall another recession as a direct result of their policies RESIST

sounds fishy to me.

More sliding on the way

'Plunge Protection Team' sounds like a plumbing service. Jittery leadership, jittery markets. Government interference usually makes things worse, and bad government makes it even .......? This will eventually create buying opportunities and the markets will stabilize.

“Plunge Protection Team.” Sounds like something a Plumber would sell...

Good luck!!!!!

From Cabo? Mnuchin worried from Mexico about the markets. Is he there picking up the check for Trump wall? Does he have unpaid Secret Service with them? christmas vacation

I think the Paw Patrol would be more effective than the Plunge Protection Team. Forget stevenmnuchin1 - where is Chase, Rocky, Marshall, Skye, Rocky & Zuma when you need them? pawpatrolonaroll Nickelodeon

I thought Trump said our economy was the best in history. I thought Mnuchin said the GOP tax bill woukd be 'revenue nuetral.' I thought Trump said GDP would be 6% by now. What's going on?

And just like trump, nothing will change!!

What’s he calling roto-rooter?

But only after he and his Marie Antoinette wife get back from their Cabo vacation on our dime, right?

Calls from Mexico no less....🤦‍♂️

Correct headline: Mnuchin to convene 'Plunge Protection Team', exacerbating markets slide

A downward econ (which was inevitable regardless of who is Pres) BUT ill timed tax cuts + needless tariff wars exacerbated slide Shut down+ Mattis departure added to instability Mnuchin’s call made things worse. Mnuchin’s meeting will be called the Trump Panic

Plunge Protection Team as dead as Trump Tweet Propaganda

This guy is a total disgrace.

so why is he in Cabo playing golf?

TrumpRecession

stevenmnuchin1 yeah louiselinton married you for your personality not money, tRumpResign

What is he doing?

Munchkins come up with a catchy little media phrase plunge protection team.this popped in his head while he was on a beach in southern Mexico. He's incompetent just like his POTUS. America's Financial Market to be destroyed by New year Merry Christmas

wolf in hen house ?

Isn’t the treasury department supposed to protect us from plunges in the first place

Steve Steve o making copies

The face of The Peter Principle

Lol, a word about such a team is necessary alone will melt down the market..The problem is realDonaldTrump , entire Republican party that handed out a Trillion dollars to their buddies, blowing up the debt and deficit and now we’re paying for it..

Somehow I’m not exactly comforted by this

Clearly he wants to make sure they 'protect the plunge'. I assume they bought Puts.

Are they going to meet him in Cabo?

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