TRUMP BRAGS FOR BEING THE CAUSE OF HEALTH INSURANCE STOCK PLUNGE

By: Kareem Rahman

 

Donald Trump took to Twitter this morning to tout his latest accomplishment as president of the United States.

 

“Health Insurance stocks, which have gone through the roof during the ObamaCare years, plunged yesterday after I ended their Dems windfall!!”

 

Trump also Tweeted.

 

“Very proud of my Executive Order which will allow greatly expanded access and far lower cost for HealthCare. Millions of people benefit!!”

 

 

I’m sure Trump doesn’t remember (hell, I’m almost certain he doesn’t even remember what he had for breakfast yesterday), but throughout the course of his presidency one of Trump’s biggest sources of boosting his own ego has been “how well the stock market has been performing since he became president.” Now he’s bragging about causing the market to drop? Or is he taking credit for the stocks that rise and blaming others for the stocks that fall? How does that even work? I’m sure it makes perfect sense in his mind, but reality doesn’t work that way. In these Tweets the president admitted to purposely manipulating the market to drop. Why would that make a person happy? My guess is that some of his friends made millions of dollars dropping the stock before Trump made the announcement about sabotaging ObamaCare. How did his friends know to buy low and then all sell at the same time? Most likely because Trump told them what he was going to do before he did it. I’m sure his friends thanked him for the heads up after they sold and made millions. Which was probably why Trump Tweeted these Tweets with such enthusiasm. Because what he did made his friends happy. It had absolutely nothing at all to do with wanting to help the American people. Don’t believe me? Follow the money and the short sales of Health Insurance stock in the past few days and make a list of the names. Bet you can find more than a few people who have personal relationships with the president or have frequently donated to a few of the president’s many fundraisers on that list.

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