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post #1 of 23 (permalink) Old 03-05-2009, 09:28 PM Thread Starter
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"Did I do that?"

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post #2 of 23 (permalink) Old 03-05-2009, 09:38 PM
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Greatness.

Our government needs our help, they have an addiction. Our government is addicted to our money. Since they always have our best interest at heart it's time we return the favor. We need to have an intervention, for the governments own good of course. It's just irresponsible for us to let people with a known money addiction continue to handle our money. Lets have an intervention now so we can help these sick individuals.
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post #3 of 23 (permalink) Old 03-06-2009, 09:08 AM
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Anybody got any cheese? Seriously, does anyone actually beleive that Obama is the reason the US economy is in the shitter?
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post #4 of 23 (permalink) Old 03-06-2009, 09:10 AM
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Anybody got any cheese? Seriously, does anyone actually beleive that Obama is the reason the US economy is in the shitter?
The reason.....no. His party.....HELL YES!

The reason that were gonna have alonger recession due to govt involvement and inflation out the ass when the economy finally does start to turn around. YUP.
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post #5 of 23 (permalink) Old 03-06-2009, 09:42 AM
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Originally Posted by jw33 View Post
Anybody got any cheese? Seriously, does anyone actually beleive that Obama is the reason the US economy is in the shitter?
Every time he openly addresses the country, stocks fall, it can be proven and even the large networks have commented on it.

It isn't all his fault, there is his liberal Washington regime he hand-picked to also blame.

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post #6 of 23 (permalink) Old 03-06-2009, 09:48 AM
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Every time he openly addresses the country, stocks fall, it can be proven and even the large networks have commented on it.

It isn't all his fault, there is his liberal Washington regime he hand-picked to also blame.

Stevo

you are correct sir!!

its still "we the people"right?

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post #7 of 23 (permalink) Old 03-06-2009, 09:50 AM
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Lmao
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post #8 of 23 (permalink) Old 03-06-2009, 11:39 AM
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That's hilarious
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post #9 of 23 (permalink) Old 03-06-2009, 11:41 AM
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Anybody got any cheese? Seriously, does anyone actually beleive that Obama is the reason the US economy is in the shitter?
At what point does he affect it? After he leaves office? His policies are killing us RIGHT NOW.

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post #10 of 23 (permalink) Old 03-06-2009, 01:43 PM
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This shit started long ago folks.... It makes a great topic though. Everyone loves the blame game.
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post #11 of 23 (permalink) Old 03-06-2009, 02:07 PM
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This shit started long ago folks.... It makes a great topic though. Everyone loves the blame game.
I love the funny picture more - awesome!
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post #12 of 23 (permalink) Old 03-06-2009, 02:16 PM
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This shit started long ago folks.... It makes a great topic though. Everyone loves the blame game.
The guy who started this domino effect is part of the same party
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post #13 of 23 (permalink) Old 03-06-2009, 02:23 PM
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Anybody got any cheese? Seriously, does anyone actually beleive that Obama is the reason the US economy is in the shitter?
At this point, who cares whose fault it is.

He ain't doing anything to make it better, that's for certain.

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post #14 of 23 (permalink) Old 03-06-2009, 02:32 PM
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Anybody got any cheese? Seriously, does anyone actually beleive that Obama is the reason the US economy is in the shitter?
one person isn't responsible for any of this. but, which party pushed giving no downpayment/extremely low down payment mortgages to sub prime borrowers? ...and who are the ones that are defaulting on their mortgages? that's where it all started and everything else is just the domino effect of that.
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post #15 of 23 (permalink) Old 03-06-2009, 02:44 PM
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The guy who started this domino effect is part of the same party
Barney Frank?

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post #16 of 23 (permalink) Old 03-06-2009, 02:45 PM
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Barney Frank?
Clinton
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post #17 of 23 (permalink) Old 03-06-2009, 02:46 PM
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Clinton
Oh! You mean the other savior!

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post #18 of 23 (permalink) Old 03-06-2009, 03:04 PM
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OBama always seems to think Bush & everything he did was stupid ! Baa humbug look at him now

∑ MARCH 6, 2009 Wall Street Journal
Obama Repeats Bush's Worst Market Mistakes
Bad accounting rules are the cause of the banking crisis.
∑ Article
By STEVE FORBES
What is most astounding about President Barack Obama's radical economic recovery program isn't its breadth, but its continuation of the most destructive policies of the Bush administration. These Bush policies were in themselves repudiations of Franklin Delano Roosevelt, Mr. Obama's hero.
The most disastrous Bush policy that Mr. Obama is perpetuating is mark-to-market or "fair value" accounting for banks, insurance companies and other financial institutions. The idea seems harmless: Financial institutions should adjust their balance sheets and their capital accounts when the market value of the financial assets they hold goes up or down.
That works when you have very liquid securities, such as Treasurys, or the common stock of IBM or GE. But when the credit crisis hit in 2007, there was no market for subprime securities and other suspect assets. Yet regulators and auditors kept pressing banks and other financial firms to knock down the book value of this paper, even in cases where these obligations were being fully serviced in the payment of principal and interest. Thus, under mark-to-market, even non-suspect assets are being artificially knocked down in value for regulatory capital (the amount of capital required by regulators for industries like banks and life insurance).
Banks and life insurance companies that have positive cash flows now find themselves in a death spiral. Of the more than $700 billion that financial institutions have written off, almost all of it has been book write-downs, not actual cash losses. When banks or insurers write down the value of their assets they have to get new capital. And the need for new capital is a signal to ratings agencies that these outfits might deserve a credit-rating reduction.
So although banks have twice the amount of cash on hand that they did a year ago, they lend only under duress, or apply onerous conditions that would warm Tony Soprano's heart. This is because they know that every time they make a loan or an investment there is a risk of a book write-down.

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post #19 of 23 (permalink) Old 03-06-2009, 04:37 PM
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Originally Posted by jw33 View Post
This shit started long ago folks.... It makes a great topic though. Everyone loves the blame game.
No shit dumbass!

The point is that Bama and his faction aren't fixing it.
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post #20 of 23 (permalink) Old 03-06-2009, 05:41 PM
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The guy who started this domino effect is part of the same party
Quote:
Originally Posted by Geor! View Post
Barney Frank?
Quote:
Originally Posted by black90gt View Post
Clinton
Quote:
Originally Posted by Geor! View Post
Oh! You mean the other savior!
You are ALL wrong (except black90)

Franklin Delano Roosevelt
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post #21 of 23 (permalink) Old 03-07-2009, 09:11 AM
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You are ALL wrong (except black90)

Franklin Delano Roosevelt



Speaking of FDR, after he won the election in Nov 1932, the dow dropped nearly 30% from there until early march. Then in the next 5 months it rallied 100%.








What month are we in right now?



How much % wise has the dow fallen since obama was elected ?

Republicans drove the car off the cliff and democrats had to do all of the work getting it back out of the ditch

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post #22 of 23 (permalink) Old 03-07-2009, 09:24 AM
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Originally Posted by bullet View Post
Speaking of FDR, after he won the election in Nov 1932, the dow dropped nearly 30% from there until early march. Then in the next 5 months it rallied 100%.








What month are we in right now?



How much % wise has the dow fallen since obama was elected ?
Are you still trying to impress with your "knowledge" of the market?

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post #23 of 23 (permalink) Old 03-07-2009, 09:34 AM
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No is saying that the market isn't going to turn around, but I can guarantee you that when it does it won't have anything to with Obama.

If he would just shut the hell up and stay out of it, it would correct its self all on it's own.

Dallas news reports Tony Romo tried to commit suicide last night!

Fortunately he dropped the gun and the bullet was intercepted!
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