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Dec 6th, 2017
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Joined: Jul 2004
Posts: 9,740 Likes: 1
veteran
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veteran
Joined: Jul 2004
Posts: 9,740 Likes: 1 |
Nonsense.
the all new TEA-O-P congress fixed it.
"The basic tool for the manipulation of reality is the manipulation of words. If you can control the meaning of words, you can control the people who must use the words."
(Philip K.Dick)
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Joined: Jul 2004
Posts: 9,740 Likes: 1
veteran
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veteran
Joined: Jul 2004
Posts: 9,740 Likes: 1 |
"The basic tool for the manipulation of reality is the manipulation of words. If you can control the meaning of words, you can control the people who must use the words."
(Philip K.Dick)
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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 |
6,825.42 8,145.03 Nice job Mr. President I whole heartedly agree. Credit where credit is due. Nice job Mr. President! Lets see Dow closed as 11,444.... As Ma said it... NICE JOB Mr President This one was built on the back of the Fed printing $600B to buy long term bonds. I see no difference between this "stimulus" and the last two except this one is aimed at the same organs that Obama demonized just a year ago. I will try to take advantage of it, I will rewrite my mortgage with a low interest rate and get an even lower rate. I will look for ways to make lemmonaid out of this lemmon, but I fear that this is just another lump of coal in my children's stockings for the rest of their lives. In all seriousness, please convince me that this is a good thing. I know enough to recognize a good buy, I understand the economy to a certain extent, but I have no clue whether this new scheme is a good thing or a bad thing. Thanks, Tim
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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Joined: Apr 2005
Posts: 1,499
member
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member
Joined: Apr 2005
Posts: 1,499 |
I know enough to recognize a good buy, I understand the economy to a certain extent, but I have no clue whether this new scheme is a good thing or a bad thing. "Welcome",Tim,to "The Mostly Clueless Club". 
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You can fool some of the people all of the time and all of the people some of the time,but you can't fool all of the people all of the time.[A. Lincoln]
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Joined: Sep 2001
Posts: 6,723
old hand
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old hand
Joined: Sep 2001
Posts: 6,723 |
Spinning that hard must make one incredibly dizzy...
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Joined: Dec 2005
Posts: 3,819 Likes: 2
enthusiast
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enthusiast
Joined: Dec 2005
Posts: 3,819 Likes: 2 |
12,780! What a travesty. A McCain administration would've had the Dow over 20,000, well on its way to 30,000 and beyond.
We still have a chance to salvage the economy; but only if we eliminate all taxes on wealth and remove all regulations on industry and finance. The window is closing on America. It's time to do the Right thing and do it now or to crumble into the dust of history.
How eager they are to be slaves - Tiberius Caesar
Coulda tripped out easy, but I've changed my ways - Donovan
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Joined: Feb 2008
Posts: 5,850
old hand
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old hand
Joined: Feb 2008
Posts: 5,850 |
This one was built on the back of the Fed printing $600B to buy long term bonds. I see no difference between this "stimulus" and the last two except this one is aimed at the same organs that Obama demonized just a year ago. I will try to take advantage of it, I will rewrite my mortgage with a low interest rate and get an even lower rate. I will look for ways to make lemmonaid out of this lemmon, but I fear that this is just another lump of coal in my children's stockings for the rest of their lives.
In all seriousness, please convince me that this is a good thing. I know enough to recognize a good buy, I understand the economy to a certain extent, but I have no clue whether this new scheme is a good thing or a bad thing.
Thanks,
Tim Hysterical! When the market was down to 6,825 after Obama had been President for barely a month, it was his fault. Now the market is up 67% after Obama has been President for just over 3 years, and it's the Fed that is responsible! Question, MaR; do you ever hurt yourself when you run into yourself while spinning around in the doorway?
"The white men were as thick and numerous and aimless as grasshoppers, moving always in a hurry but never seeming to get to whatever place it was they were going to." Dee Brown
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Joined: Dec 2011
Posts: 884
journeyman
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journeyman
Joined: Dec 2011
Posts: 884 |
The earnings are weak. Next quarter will tell something about that. Weak earnings could put a damper on growth with jobs cuts to spruce up bottom line.
Europe is now in the beginning stages of a double dip. England had negative growth 4th quarter of 2011. Greece, Spain, Portugal and the real danger spot - Italy.
Housing confidence is up 5th straight month.
Retail continues to disappoint.
Manufacturing trending very slowly upward.
Downward mobility of jobs of concern.
800 pound gorilla is fuel.
Commodities - especially food - pacing too far ahead.
Debt and 3.8T budget! Egads!
Very slow recovery in progress but not a knock your socks off one. Better going up slowly rather than down slowly. A 7.5-7.8% unemployment rate of election day will be a big boost for Obama. U6 under 14% will help.
Only racists oppose my dictatorship.
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Joined: Dec 2005
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Pooh-Bah
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Pooh-Bah
Joined: Dec 2005
Posts: 12,010 |
Europe is now in the beginning stages of a double dip. England had negative growth 4th quarter of 2011. Greece, Spain, Portugal and the real danger spot - Italy. it is the elephant in the room WHy has Obama done nothing about this?
"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: Apr 2005
Posts: 1,499
member
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member
Joined: Apr 2005
Posts: 1,499 |
Why,indeed...he is,after all,King of the World...or The Antichrist...or The Dictator from Kenya? 
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You can fool some of the people all of the time and all of the people some of the time,but you can't fool all of the people all of the time.[A. Lincoln]
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