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Dec 6th, 2017
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Joined: Jun 2004
Posts: 15,646
Carpal Tunnel
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Carpal Tunnel
Joined: Jun 2004
Posts: 15,646 |
The markets are a living breathing entity. They willreact to an event half way around the world ten minutes after it has happened. Yesterday evening, Mr. Obama said now is a good time to invest in the stock market. Today, the stock market's downward trend has been halted, and at the moment the market is up over 100 points. Would you say that upturn is a reaction to Mr. Obama's advice?
Steve Give us the wisdom to teach our children to love,
to respect and be kind to one another,
so that we may grow with peace in mind.
(Native American prayer)
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Joined: Jun 2004
Posts: 15,646
Carpal Tunnel
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Carpal Tunnel
Joined: Jun 2004
Posts: 15,646 |
I have a job. I cannot listen to Rush Oh. That's interesting. One has to be unemployed in order to listen to the Limp Butt?
Steve Give us the wisdom to teach our children to love,
to respect and be kind to one another,
so that we may grow with peace in mind.
(Native American prayer)
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Joined: Jul 2004
Posts: 7,626
veteran
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veteran
Joined: Jul 2004
Posts: 7,626 |
I am still waiting for somebody to show me the eror of my thought process. Sorry if you missed it, or chose to ignore it, but it's been posted here before, numerous times Ma. For example: Private sector loans, not Fannie or Freddie, triggered crisisNow, where's that posting by itstarted where you claim he said it was all Fannie and Freddie's fault? but steve, ma's already told you that it was janet reno who, through her army of politically correct storm troopers, forced these upstanding institutioins to corrupt themselves and give loans out to just about anyone with a pulse. 
sure, you can talk to god, but if you don't listen then what's the use? so, onward through the fog!
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Joined: Nov 2006
Posts: 19,831 Likes: 180
Carpal Tunnel
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Carpal Tunnel
Joined: Nov 2006
Posts: 19,831 Likes: 180 |
in reality either you or I will be correct. It won't take long to figure out who. Come June or July, after say 180 days instead of the 43 you contend is too small a sample, if the markets have recovered and the jobs situation looks like it has started to recover, you will be right, if unemployment is at 10% and Obama has requested another $1T "stimulus", I will be right. Wrong. We have four years to tough this out. You're gonna have to live with it for at least four long years before right or wrong is proven in the next Presidential election. Democrats have the power to make things look a little bit better in two years and rip what tiny bit of filibuster power your party has away from them and stomp them into the dirt. I will enjoy watching Republicans squirm and wriggle like earthworms on hot pavement trying to regain something they had but threw out the window for the sake of enriching the very rich and for destroying my comfortable middle class life.
Good coffee, good weed, and time on my hands...
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Joined: Jun 2004
Posts: 15,646
Carpal Tunnel
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Carpal Tunnel
Joined: Jun 2004
Posts: 15,646 |
Come June or July, after say 180 days instead of the 43 you contend is too small a sample If you go back to last Fall and look at what people on this board were saying about the coming economic downturn, you'll find that few of us thought we'd be on the road to recovery by the summer fo 2009. So where do you get this "you'll be wrong" business from, except maybe your own pure brain? Hardly anyone here agrees to that. Hardly anyone here agreed to that before the election, let alone the inauguration. You can't expect anyone to go along with such an arbitrary timeline. Even the President himself expects it to take longer than that - and you castigate him for bumming everyone out with his pessimism. On second thought, that makes a certain amount of sense. If you wanted him to fail, you would insist on Pollyanna time frames that can't possibly be met, then chastise him for not abiding by them. Right. I get it!
Steve Give us the wisdom to teach our children to love,
to respect and be kind to one another,
so that we may grow with peace in mind.
(Native American prayer)
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Joined: Jun 2004
Posts: 15,646
Carpal Tunnel
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Carpal Tunnel
Joined: Jun 2004
Posts: 15,646 |
It was GEORGE WALKER BUSH whose name will go down in history as the worst, the greediest, the most hopelessly, worthless President ever elected by the most ridiculously ill informed Party in the history of this once great nation. Before it disappears down the memory hole . . . :bow: Nice rant there, Greger. Don't hold back next time. 
Steve Give us the wisdom to teach our children to love,
to respect and be kind to one another,
so that we may grow with peace in mind.
(Native American prayer)
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Joined: May 2005
Posts: 47,431 Likes: 373
Member CHB-OG
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Member CHB-OG
Joined: May 2005
Posts: 47,431 Likes: 373 |
Yesterday evening, Mr. Obama said now is a good time to invest in the stock market. Today, the stock market's downward trend has been halted, and at the moment the market is up over 100 points. Would you say that upturn is a reaction to Mr. Obama's advice? I'm "thinking" about buying AIG stock - since the government won't let it fail, and it's only .32/share. 
Contrarian, extraordinaire
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Joined: May 2005
Posts: 47,431 Likes: 373
Member CHB-OG
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Member CHB-OG
Joined: May 2005
Posts: 47,431 Likes: 373 |
...Even the President himself expects it to take longer than that - and you castigate him for bumming everyone out with his pessimism. But, really, can you blame the gullible who believed eight years of lies and false optimism - even 'til the very end? The economy is sound! Life is good! Go out and buy a house! We're winnning in Iraq! We've got the terra'ists on the run! The US does not torture! The US does not rendition! ...it's hard for these people to change gears and face reality.
Contrarian, extraordinaire
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Joined: Dec 2005
Posts: 12,010
Pooh-Bah
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Pooh-Bah
Joined: Dec 2005
Posts: 12,010 |
At 2:58 this afternoon (3/2/2008). Looks like almost 1000 points since Obama became President.
Nice Job. Since we are judging presidents by the early results of their policies I submit the following The Recession of 1982
By 1982, Reaganomics; had taken its toll as several banks failed, the stock market plummeted, and unemployment soared in the worst economic recession since the Great Depression. Clearly, Reagan... on the same facts by which you judge Obama, was one of the very worst presidents in US History
Last edited by Ardy; 03/04/09 02:46 PM.
"It's not a lie if you believe it." -- George Costanza
The whole problem with the world is that fools and fanatics are always so certain of themselves. --Bertrand Russel
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Joined: Feb 2004
Posts: 6,523
old hand
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OP
old hand
Joined: Feb 2004
Posts: 6,523 |
The markets are a living breathing entity. They willreact to an event half way around the world ten minutes after it has happened. Yesterday evening, Mr. Obama said now is a good time to invest in the stock market. Today, the stock market's downward trend has been halted, and at the moment the market is up over 100 points. Would you say that upturn is a reaction to Mr. Obama's advice? Absolutely!
A proud member of the Vast Right-wing Conspiracy, Massachusetts Chapter
“The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.”
Thomas Jefferson
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