Historically the stock market doesn't like it when government does anything.
http://ripetrade.blogspot.com/2009/0...k-returns.html
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Historically the stock market doesn't like it when government does anything.
http://ripetrade.blogspot.com/2009/0...k-returns.html
speechless?Quote:
Originally Posted by speechlesstx
You called?Quote:
Originally Posted by NeedKarma
Empty post?
Hello again:
I don't know what you're all worried about... They'll pay the debt with inflated dollars and everybody (who bought gold) will be happy.
excon
Empty head? Since when is an image an "empty post?"Quote:
Originally Posted by NeedKarma
Ah, it's probably from an image source blocked by our firewall.
That might explain it as the image is self-explanatory.
It is showing up on my screen . It is a star wars death star with an Obama logo on it... but on the pix it's called Debt Star ...This is not the hope you are looking for
They should do one with Bush's pic too!
Still living in the past?
Hello again,
This thing is going into the toilet... Mark my words, the Great Bush Depression is underway.
The INTERESTING thing about it, as you guys point out, is who is going to be blamed for it.
If, however, the fault LIES in the past, it's no wonder you righty's don't want to go there.
excon
We know who'll get the blame, he already is - Bush. Some of it's deserved, I think we've acknowledged that more than once, should we continue to revisit that until we beg for mercy? Heck, Bush is even blamed - by Obama - for his own compounding of the problem. So let's visit the present and hold the current president accountable for what he's screwing up right now instead of blaming it ALL, past, present and future, on Bush.Quote:
Originally Posted by excon
Hello again, Steve:Quote:
Originally Posted by speechlesstx
Here's the deal... I'm ALL for accountability. But, I don't know that Obama is screwing up ANYTHING. Six weeks is just to early to tell. Oh, I know you don't like what he's doing, but that's based upon ideology - not economics. You don't KNOW if it'll work or not...
When the dufus wanted to invade Afghanistan, I didn't know whether it would work or not either. So, I kept my mouth shut, and let him fail on his own, which he did.
You should give that a try.
excon
Hello again:Quote:
Originally Posted by ETWolverine
Psssst. The market's UP the past couple days. That means Obama's doing good, huh?
You guys are silly. You can't measure his progress like that...
You want a number to track that'll show whether he's doing the work the people sent him there to do?? Do you? Really?? Nahhh, I don't think you do.
The unemployment number is all you need to pay attention to, if you care. But, I think you care more about politics than you do about the saving of America.
excon
I've never been able to spend myself out of a hole, the hole just keeps getting bigger when you do that.Quote:
Originally Posted by excon
Hello again, Steve:Quote:
Originally Posted by speechlesstx
Oh, you're preachin to the choir... I can't do it either...
But Obama isn't you or me, and the government isn't like our checkbook. I don't know how it's going to work either. I don't get it. Really. I don't.
But, it DOES make sense to me that when nobody is spending, the government HAS to be the spender of last resort, or the deflation continues into oblivion. After all, deflation is the REAL enemy. So, they're dropping their concern over inflation in order to stop deflation, and they'll worry about inflation later...
In my mind, the question becomes, is a deflation NOW going to be better than an inflation LATER. Letting the banks, and the car industry fail, as some want, can't possibly stop the deflation. That'll make it get worse.
Look, it's like wack a mole. Wack the deflation mole or wack the inflation one. Pick your poison. Where/when do you want your pain, and how can you LIMIT it?
excon
Come on ex, it's clear that much of this has everything to do with taking advantage of a crisis "to do things that you could not do before" and nothing to do with limiting pain. His agenda REQUIRES Americans to suffer those pains.
Hello again, Mr. ET Wolverine:
The Dow Jones industrial average jumped 239.66 yesterday...
Boy, does America LOVE OBAMA, or what??
excon
Yeah that's it, Americans are loving Obama and his oh so competent administration. So competent in fact, it's already being reported there's chatter in the administration that Geithner was a mistake.
Update: It's not just reported White House chatter, his Senate support is crumbling. Yep, this is the kind of hope and change America needed all right. Could this be record time for an administration to fall apart?
Update no. 2, greed is no longer evil... it's exactly what the White House wants.
Hello again,
Due to the present economic downturn, we have to cut back. Andre will be laid off.
https://www.askmehelpdesk.com/member...ayoffandre.jpg
excon
Geee that looks an aweful lot like a NYSDOT road crew
I hope the Dow Jones and S & P succeed; and Obama's socialism fails.Quote:
Originally Posted by excon
Uh... Excon, do you really not understand that without money EVERYONE would be bankrupt?Quote:
Originally Posted by excon
Elliot
Nah... he just managed to keep his mouth shut for once.Quote:
Originally Posted by excon
See, when Obama opens his mouth, he starts talking about "fairness" and "redistribution of wealth" and "everybody needs to have skin in the game" and other idiotic comments. And the market tanks every time.
But when he keeps his mouth shut, the market has a chance to gain a little confidence, and it goes up a little.
There's a clear pattern here.
Elliot
So your saying Elliot that if he keeps quiet long enough people forget he even exists and is now running the show, and in turn the market regains confidence?
Sounds more like one of you righty's wet dreams.
If there that stupid no wonder we're in so much trouble. And I don't doubt many of them are that stupid.
Skell,
One thing is certain. The market lacks confidence right now. The election of Obama (according to his supporters at least) was supposed to restore confidence in the economy. That does not seem to have taken place.
In fact, the exact opposite has taken place. Every time Obama speaks, it seems as if he's coming up with some new program designed to throw the economic system into a downward spiral. TARP 2, the "Stimulus Bill", the S-CHIP expansion, the "omnibus budget bill"... every one of these things costs money, which means either increasing taxes to pay for it, or increasing the money supply and creating massive inflation to pay for it. Neither of these two options are healthy for an already ailing economy. People are scared of their economic futures and every time Obama opens his mouth, he proposes something that is going to cost us more money and drive the economy into worse conditions.
No, I'm not fooling myself into believing that if Obama just shuts up people will forget he exists. His policy changes will make it impossible to forget that he's here, regardless of what he says or not.
Unfortunately people do see the equation. Every time one of his tax dodgers or the anointed one himself speaks, the Dow Jones averages falls like a rock. People who have control of the money markets have no confidence in the administrations ability to do anything but drag this country further into a depression. Heck, even the socialist countries of Europe understand that his policies are doomed to be one of the biggest failures in world history!Quote:
Originally Posted by NeedKarma
450donn,
You sound like a nazi propaganda machine.
Hello 450:Quote:
Originally Posted by 450donn
And, you know all that in 6 weeks, huh? Pretty remarkable if you ask me.
excon
Now, did I disparage you or your comments? I think not!
Hey koolaid sipper, Long time no nasty comments from you.Quote:
Originally Posted by excon
Yep, they understand. Just last week the chief tax dodger was in Europe trying to get Germany to go along and deficit spend enormous amounts or euros to get their economy going and they basically laughed at him.
Hello 450:
Nahh, you never do that. You're wonderful and I suck. Feel better now?
Kool aid sipper
And you sound like a master of hyperbole. This is Nazi propaganda:
http://upload.wikimedia.org/wikipedi...Propaganda.jpg
Translation: 60000 RM (Reichsmark)
This is what this person suffering from hereditary defects costs the Community of Germans during his lifetime
Fellow Citizen, that is your money, too
Apparently you missed his post:Quote:
Originally Posted by speechlesstx
Yup no hyperbole there. LOL!Quote:
Originally Posted by 450donn
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