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post #1 of 52 (permalink) Old 03-26-2009, 10:00 AM Thread Starter
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Oblahma holding a townhall meeting

And watch the markets drop! Holy sheep shit, can i just have 2 weeks of nothing from him so i can recoop some losses? Maybe i should patent a game i was thinking of during his last union address. Each time the clown says 'look', you have to put a dollar in the jar and take a drink. By the end of the speech, whoever can grab the jar and run wins.

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post #2 of 52 (permalink) Old 03-26-2009, 11:22 AM
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And watch the markets drop! Holy sheep shit, can i just have 2 weeks of nothing from him so i can recoop some losses? Maybe i should patent a game i was thinking of during his last union address. Each time the clown says 'look', you have to put a dollar in the jar and take a drink. By the end of the speech, whoever can grab the jar and run wins.
Surely you're not referring to today's markets??? All I see is up, up, and up right now.

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post #3 of 52 (permalink) Old 03-26-2009, 11:23 AM
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Surely you're not referring to today's markets??? All I see is up, up, and up right now.
I'm not sure how it is up when we are 7% down for the year but logic never was your strong point.
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post #4 of 52 (permalink) Old 03-26-2009, 11:31 AM
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I'm not sure how it is up when we are 7% down for the year but logic never was your strong point.
He's complaining about losing money/making it back. You market geniuses should've made a killing with the rise we've had lately. All of you should've surpassed DFWS millionaire baller status and proceeded straight to billionaires.

Besides, it's down from 12,600 a year ago. It was 8600 the first day of January which means it's about 700 points down from then and even less from Obama's first day in office. That puts Bush in a -3300 or so hole. Now, I'll sit back and wait for your strong point -- logic -- to tell me how I'm an idiot and that I'm wrong.

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post #5 of 52 (permalink) Old 03-26-2009, 11:41 AM
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I'm not sure how it is up when we are 7% down for the year but logic never was your strong point.
When you are refering to market activity today, you normally compare it to the previous day. But somepeople will find negative in anything.....


and Eff Obama
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post #6 of 52 (permalink) Old 03-26-2009, 11:56 AM
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When you are refering to market activity today, you normally compare it to the previous day. But somepeople will find negative in anything.....


and Eff Obama
Ummm, what's your point??? You want to compare the market from one day to the next? Then Obama's plan must be fantastic lately. The market has soared since details started coming out. It's the Bush nut garbling Al that said we're down 7% for the year. You're making a statement supporting Obama and then you say, "Eff Obama."

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post #7 of 52 (permalink) Old 03-26-2009, 11:58 AM
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I'm new to this...but the market travels in swings...we will retest near the lows correct?
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post #8 of 52 (permalink) Old 03-26-2009, 12:02 PM
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Ummm, what's your point??? You want to compare the market from one day to the next? Then Obama's plan must be fantastic lately. The market has soared since details started coming out. It's the Bush nut garbling Al that said we're down 7% for the year. You're making a statement supporting Obama and then you say, "Eff Obama."
Soared. It's soaring everyone. We're rich again ....thank you so much Obama.

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post #9 of 52 (permalink) Old 03-26-2009, 12:15 PM
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Ummm, what's your point??? You want to compare the market from one day to the next? Then Obama's plan must be fantastic lately. The market has soared since details started coming out. It's the Bush nut garbling Al that said we're down 7% for the year. You're making a statement supporting Obama and then you say, "Eff Obama."
How was my statement supporting obama? I was supporting your statement you jackass lol.
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post #10 of 52 (permalink) Old 03-26-2009, 12:15 PM
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post #11 of 52 (permalink) Old 03-26-2009, 12:22 PM
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How was my statement supporting obama? I was supporting your statement you jackass lol.
Umm, Al's point was berating Obama saying the market is down. My point was the market is up, give some credit to Obama since you guys blame him for the downs. Supporting my point was indirectly supporting Obama. I can see how I took it out of context though if you were only referring to the one post. My bad.

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post #12 of 52 (permalink) Old 03-26-2009, 12:23 PM
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I'm new to this...but the market travels in swings...we will retest near the lows correct?
Eventually, yes. Likewise, we will retest the highs.

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post #13 of 52 (permalink) Old 03-26-2009, 12:27 PM Thread Starter
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Originally Posted by Juiceweezl View Post
Surely you're not referring to today's markets??? All I see is up, up, and up right now.
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He's complaining about losing money/making it back. You market geniuses should've made a killing with the rise we've had lately. All of you should've surpassed DFWS millionaire baller status and proceeded straight to billionaires.

Besides, it's down from 12,600 a year ago. It was 8600 the first day of January which means it's about 700 points down from then and even less from Obama's first day in office. That puts Bush in a -3300 or so hole. Now, I'll sit back and wait for your strong point -- logic -- to tell me how I'm an idiot and that I'm wrong.

Carry on.
Before he spoke it was at 78 something. He started his townhall internet meeting and instantly it went down. After he was off air, it started to climb again. Watch the trends. Each time he speaks, it falls. It was a tongue-in-cheek comment. But i'd put money on it that if he let his adminstration speak and Oblahma just keep quiet for two weeks, we'd have a record breaking rally. My comments weren't worth the saveaho effort.

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post #14 of 52 (permalink) Old 03-26-2009, 12:32 PM
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Umm, Al's point was berating Obama saying the market is down. My point was the market is up, give some credit to Obama since you guys blame him for the downs. Supporting my point was indirectly supporting Obama. I can see how I took it out of context though if you were only referring to the one post. My bad.
I was only referring to your post on saying how the market is considered up if it has gained since the previous day. I am not giving Obama this credit nor am I blaming Bush or anybody in my post.
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post #15 of 52 (permalink) Old 03-26-2009, 12:34 PM
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I was only referring to your post on saying how the market is considered up if it has gained since the previous day. I am not giving Obama this credit nor am I blaming Bush or anybody in my post.
My apologies. I mistakenly lumped you in with the village idiots.

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post #16 of 52 (permalink) Old 03-26-2009, 01:01 PM
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Umm, Al's point was berating Obama saying the market is down. My point was the market is up, give some credit to Obama since you guys blame him for the downs. Supporting my point was indirectly supporting Obama. I can see how I took it out of context though if you were only referring to the one post. My bad.
Except the market isn't up, it is just recovering some ground from the last time he ran his mouth.
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post #17 of 52 (permalink) Old 03-26-2009, 01:11 PM
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Except the market isn't up, it is just recovering some ground from the last time he ran his mouth.
If that's what you want to believe and that's what makes you feel better. You still have no explanation for why it was down 4K plus from the previous year with the bulk of that being Bush's term. I'm sure you'll blame that on Obama too.

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post #18 of 52 (permalink) Old 03-26-2009, 01:23 PM
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If that's what you want to believe and that's what makes you feel better. You still have no explanation for why it was down 4K plus from the previous year with the bulk of that being Bush's term. I'm sure you'll blame that on Obama too.
It isn't what I "want to believe". It is a fact. I've never been of the persuasion to think that the president can influence the stock market so directly. Obama has done a wonderful job of proving me wrong on that idea.

As for the previous year, it was down because credit markets froze up, how is that related to the president in any way? Go ahead and explain, you are obviously a market expert.
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post #19 of 52 (permalink) Old 03-26-2009, 01:43 PM
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It isn't what I "want to believe". It is a fact. I've never been of the persuasion to think that the president can influence the stock market so directly. Obama has done a wonderful job of proving me wrong on that idea.

As for the previous year, it was down because credit markets froze up, how is that related to the president in any way? Go ahead and explain, you are obviously a market expert.
Wait a minute? So now you're saying Bush had no influence on the market going down. Does that same apply for the surge upwards and record highs then? I forgot that you insist on only blaming someone when it suits your position.

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post #20 of 52 (permalink) Old 03-26-2009, 01:46 PM
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Wait a minute? So now you're saying Bush had no influence on the market going down. Does that same apply for the surge upwards and record highs then? I forgot that you insist on only blaming someone when it suits your position.
I didn't say that, learn to read, moron. You take the position that it was his fault. I'm asking you what influence he had, explain to us all why it was his fault.
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post #21 of 52 (permalink) Old 03-26-2009, 03:14 PM
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I didn't say that, learn to read, moron. You take the position that it was his fault. I'm asking you what influence he had, explain to us all why it was his fault.
Why? Your theory holds no water. You say everytime Obama speaks, the market tumbles. What happened today? Report after report is coming out now saying the end is in sight and we are going to pull out. Face it. You guys were being un-American and hoping for failure. It's not going to happen. You claim glory for Bush because he had record setting market highs during his administration yet you say his administration is not to blame for the fall. If they're not responsible for the fall, then they're not responsible for the glory times either. Obama inherited a mess that resulted from 8 years of someone thinkifying and brainificating while being POTUS. I like the direction we're heading -- up.

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post #22 of 52 (permalink) Old 03-26-2009, 03:31 PM
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Why? Your theory holds no water. You say everytime Obama speaks, the market tumbles. What happened today? Report after report is coming out now saying the end is in sight and we are going to pull out. Face it. You guys were being un-American and hoping for failure. It's not going to happen. You claim glory for Bush because he had record setting market highs during his administration yet you say his administration is not to blame for the fall. If they're not responsible for the fall, then they're not responsible for the glory times either. Obama inherited a mess that resulted from 8 years of someone thinkifying and brainificating while being POTUS. I like the direction we're heading -- up.
Exactly what I thought, you can't even reason out why it would be Bush's fault. Fucking simpleton. And for the record, I think Bush carries a lot of blame for this shit.

Here is a nice summary of Obama:

Nov. 5, 2008 (Wednesday after Election Day): -486 (5.0%)
Jan. 9, 2009 (one day after Obama speaks at George Mason University on “need” for $800 billion stimulus package): -143 (1.6%)
Jan. 20, 2009 (Inauguration Day): -332 (4.0%)
Feb. 10, 2009 (one day after Obama declares that without a stimulus, “an economy that is already in crisis will be faced with a catastrophe”): -382 (4.6%)
Feb. 17, 2009 (market opens for the first time after Congress passes $787 billion stimulus on Feb. 13; Obama signs bill into law, declaring, “The stimulus lets Americans claim destiny.”): -298 (3.8%)
Feb. 19, 2009 (one day after Obama announces potential mortgage relief plan): -90 (1.2%)
Feb. 25, 2009 (one day after Obama’s first speech to the full Congress): -80 (1.1%)
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post #23 of 52 (permalink) Old 03-26-2009, 03:49 PM
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Why? Your theory holds no water. You say everytime Obama speaks, the market tumbles. What happened today? Report after report is coming out now saying the end is in sight and we are going to pull out. Face it. You guys were being un-American and hoping for failure. It's not going to happen. You claim glory for Bush because he had record setting market highs during his administration yet you say his administration is not to blame for the fall. If they're not responsible for the fall, then they're not responsible for the glory times either. Obama inherited a mess that resulted from 8 years of someone thinkifying and brainificating while being POTUS. I like the direction we're heading -- up.
You know all the financial madness that 'the Bush Administration' allowed to happen over the past eigtht years? Yes I was pissed about it too, look for some old posts.

Get ready for the same shenanigans times a hundred if not more.

I find it staggering that you fail to comprehend what is happening here. All this "fixing" is doing is exploding the debt we already have and creating infinite government entities and taxpayer obligations. It is a perversion of the goals laid out for the government in the Constitution and a loss of our financial freedoms. It is a money and power grab and you liberals are too fucking stupid to see it. Aren't you?

We sold out the core values of the United States for a 2.25% gain in the DJIA today. Let's celebrate with a vodka, comrade. Fuck you people that want to live in the security net of an all-encompassing oppressive government. It ain't for me.
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post #24 of 52 (permalink) Old 03-26-2009, 09:06 PM
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Exactly what I thought, you can't even reason out why it would be Bush's fault. Fucking simpleton. And for the record, I think Bush carries a lot of blame for this shit.

Here is a nice summary of Obama:

Nov. 5, 2008 (Wednesday after Election Day): -486 (5.0%)
Jan. 9, 2009 (one day after Obama speaks at George Mason University on “need” for $800 billion stimulus package): -143 (1.6%)
Jan. 20, 2009 (Inauguration Day): -332 (4.0%)
Feb. 10, 2009 (one day after Obama declares that without a stimulus, “an economy that is already in crisis will be faced with a catastrophe”): -382 (4.6%)
Feb. 17, 2009 (market opens for the first time after Congress passes $787 billion stimulus on Feb. 13; Obama signs bill into law, declaring, “The stimulus lets Americans claim destiny.”): -298 (3.8%)
Feb. 19, 2009 (one day after Obama announces potential mortgage relief plan): -90 (1.2%)
Feb. 25, 2009 (one day after Obama’s first speech to the full Congress): -80 (1.1%)
You're the idiot. I could post reasons and facts, but you'd simply say it's media biased untruths. The real facts are that you believe what you want to believe and apparently want us to fail as a country. Obama's regime and their policies haven't even gone into effect yet, and you're blaming him for market drops. Now that details come out about them, the market starts climbing, and expert economists (not you DFWS ones) are stating the recession is over and giving dates when everything will turn, you refuse to admit that the plan just might work. Those same experts are stating that if we had done nothing that unemployment would have gone to 12% or higher and that it would have been worse than the Great Depression. All of that has been stated and is a result of 8 flipping years of Bush in office. It sure is starting to seem that Obama may be the Messiah that you guys jokingly proclaimed him.

I just want to know that if things do work out as many are predicting, the investment firms recover, and the government actually makes money on this ordeal, are all of you going to withdraw your statements and then vote for Obama at next election???

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post #25 of 52 (permalink) Old 03-26-2009, 09:08 PM
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You know all the financial madness that 'the Bush Administration' allowed to happen over the past eigtht years? Yes I was pissed about it too, look for some old posts.

Get ready for the same shenanigans times a hundred if not more.

I find it staggering that you fail to comprehend what is happening here. All this "fixing" is doing is exploding the debt we already have and creating infinite government entities and taxpayer obligations. It is a perversion of the goals laid out for the government in the Constitution and a loss of our financial freedoms. It is a money and power grab and you liberals are too fucking stupid to see it. Aren't you?

We sold out the core values of the United States for a 2.25% gain in the DJIA today. Let's celebrate with a vodka, comrade. Fuck you people that want to live in the security net of an all-encompassing oppressive government. It ain't for me.
Wait a minute. Taxpayer burden, blah, blah, blah. Tell me again. Didn't Bush enter office with a surplus? Didn't he leave with the largest deficit EVER? After that, you still stand here and throw stones at the Obama regime just a few months in for trying to save our economy? Justify that.

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post #26 of 52 (permalink) Old 03-26-2009, 09:44 PM
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Wait a minute. Taxpayer burden, blah, blah, blah. Tell me again. Didn't Bush enter office with a surplus? Didn't he leave with the largest deficit EVER? After that, you still stand here and throw stones at the Obama regime just a few months in for trying to save our economy? Justify that.
He had 9/11 and a helluva war...but Obama will admittedly triple Dubya's debt anyway...and he hasn't even touched on health-care.

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post #27 of 52 (permalink) Old 03-26-2009, 10:14 PM
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Which one of you republicunts wants to explain to us why the dow and s&p are now HIGHER than they were when obama was sworn in ?

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post #28 of 52 (permalink) Old 03-26-2009, 11:09 PM
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Wait a minute. Taxpayer burden, blah, blah, blah. Tell me again. Didn't Bush enter office with a surplus? Didn't he leave with the largest deficit EVER? After that, you still stand here and throw stones at the Obama regime just a few months in for trying to save our economy? Justify that.
It's almost like you completely didn't read the first sentence of that post you quoted.
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post #29 of 52 (permalink) Old 03-27-2009, 05:49 AM
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It's almost like you completely didn't read the first sentence of that post you quoted.
It's like you didn't need the rest of it. Bush blew threw money and left with the biggest deficit EVER. Now, his supporters want to yell at Obama for spending money. Hypocritical much?

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post #30 of 52 (permalink) Old 03-27-2009, 05:49 AM
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Which one of you republicunts wants to explain to us why the dow and s&p are now HIGHER than they were when obama was sworn in ?
I'm sure one of them will tell you it is only rising because he's keeping his mouth shut. Wait, didn't he have some sort of conference yesterday???

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post #31 of 52 (permalink) Old 03-27-2009, 06:31 AM
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It's like you didn't need the rest of it. Bush blew threw money and left with the biggest deficit EVER. Now, his supporters want to yell at Obama for spending money. Hypocritical much?
You're confused.

I didn't support Bush's reckless spending, I don't support Obama's. 46tbird is on a similar vein. Explain to me how that's hypocritical.
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post #32 of 52 (permalink) Old 03-27-2009, 07:12 AM
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...Obama's regime and their policies haven't even gone into effect yet...Those same experts are stating that if we had done nothing...
Now I'm confused. If Obama hasn't done anything, like you said, then who do you blame for pulling us out?
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Wait a minute. Taxpayer burden, blah, blah, blah. Tell me again. Didn't Bush enter office with a surplus? Didn't he leave with the largest deficit EVER? After that, you still stand here and throw stones at the Obama regime just a few months in for trying to save our economy? Justify that.
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You're confused.

I didn't support Bush's reckless spending, I don't support Obama's. 46tbird is on a similar vein. Explain to me how that's hypocritical.
You can't just pick and choose certain actions that you like. You have to either hate the guy because he did or didn't do something, or love the guy because he did or didn't do something. That's how things work when you lack critical thinking skills; the world is a much simpler place.


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post #33 of 52 (permalink) Old 03-27-2009, 09:06 AM
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Originally Posted by That_Is_My_El_Camino View Post
Now I'm confused. If Obama hasn't done anything, like you said, then who do you blame for pulling us out?LOLYou can't just pick and choose certain actions that you like. You have to either hate the guy because he did or didn't do something, or love the guy because he did or didn't do something. That's how things work when you lack critical thinking skills; the world is a much simpler place.
Market reacts to events as a prediction of the future. Obama's regime is revealing details of their plan now, and apparently (judging by early returns) it's a hit.

The down turn in the market has been a continuation of something that started while Bush was POTUS. This year it has been fueled by announcements from Obama & co. stating, "We are going to spend XXXX dollars." Those announcements were coming with no plans as to how the spending was going to be distributed. The market acted accordingly -- in fear of wreckless spending. Now, plans are coming out, and the market is once again acting accordingly. It's responding to a plan that economists feel is a good plan and will work.

I haven't claimed to like or dislike the guy. I just know I was sick and tired of Bush and that McCain/Palin was a joke. I'm willing to give Obama a chance. I like a lot of what I'm hearing about the economic plan, and I'm glad they are trying to do something instead of letting us slip into a depression below The Great Depression from our past. Is that critical thinking enough for you??? It amazes me how shortsighted you douches really are.

I'm also amused at how many of you just continue to state our government should do nothing and let the rampant job & home losses continue to stricken our economy. It reminds me of the famous quote, "All that's needed for evil to succeed is that good men do nothing." Face facts -- there is a plan now in place, and it's getting support from top economists. Now cross your fingers, support it, and hope that it works.

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post #34 of 52 (permalink) Old 03-27-2009, 09:18 AM
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I could post reasons and facts....
No you can't

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but you'd simply say it's media biased untruths.
Cop out

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The real facts are that you believe what you want to believe and apparently want us to fail as a country.
Yes, please, stock market take a dump! I can't wait to lose all my money. Moron

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Originally Posted by Juiceweezl View Post
Obama's regime and their policies haven't even gone into effect yet, and you're blaming him for market drops. Now that details come out about them
Yes, he is responsible for everything positive but none of the negative. My God, I think we have a new candidate for the board's village idiot.

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I just want to know that if things do work out as many are predicting, the investment firms recover, and the government actually makes money on this ordeal, are all of you going to withdraw your statements and then vote for Obama at next election???
The equity markets will recover but it won't be because of anything a politician does. I can see you being too dense to figure that out since even the most basic concepts can't be grasped by that pile of monkey shit between your ears.
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post #35 of 52 (permalink) Old 03-27-2009, 09:20 AM
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Market reacts to events as a prediction of the future. Obama's regime is revealing details of their plan now, and apparently (judging by early returns) it's a hit.

The down turn in the market has been a continuation of something that started while Bush was POTUS. This year it has been fueled by announcements from Obama & co. stating, "We are going to spend XXXX dollars." Those announcements were coming with no plans as to how the spending was going to be distributed. The market acted accordingly -- in fear of wreckless spending. Now, plans are coming out, and the market is once again acting accordingly. It's responding to a plan that economists feel is a good plan and will work.
Go ahead and link us to some of what these "top economists" have said.

You never explained why Bush was responsible. Go ahead and do that now.
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post #36 of 52 (permalink) Old 03-27-2009, 09:25 AM
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Originally Posted by Juiceweezl View Post
I'm sure one of them will tell you it is only rising because he's keeping his mouth shut. Wait, didn't he have some sort of conference yesterday???
Dow Jones Industrial Average
7,817.51 -107.05 / -1.35%

Mar 27 11:18am ET †
Open: 7,922.57
High (day): 7,922.57
Low (day): 7,771.32
YTD%Change: -10.93%
Volume: 106,766,993.00
Prev. Close: 7,924.56
52-Week Range (Low - High): 6,469.95 - 13,136.69

Yea he did have some conference yesterday, and you were saying????

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post #37 of 52 (permalink) Old 03-27-2009, 09:33 AM
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Dow Jones Industrial Average
7,817.51 -107.05 / -1.35%

Mar 27 11:18am ET †
Open: 7,922.57
High (day): 7,922.57
Low (day): 7,771.32
YTD%Change: -10.93%
Volume: 106,766,993.00
Prev. Close: 7,924.56
52-Week Range (Low - High): 6,469.95 - 13,136.69

Yea he did have some conference yesterday, and you were saying????
Sir, please don't beat up the retards...

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post #38 of 52 (permalink) Old 03-27-2009, 09:37 AM
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Which one of you republicunts wants to explain to us why the dow and s&p are now HIGHER than they were when obama was sworn in ?
Uhhh I'll explain it...
1/20/09 - DOW Closed at 7949
3/26/09 - DOW Closed at 7926, Highest close since Feb 12th '09.

Maybe we have different defiinitions of higher.


S&P is 30 points higher than when he was sworn in.
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post #39 of 52 (permalink) Old 03-27-2009, 09:38 AM
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Wait a minute. Taxpayer burden, blah, blah, blah. Tell me again. Didn't Bush enter office with a surplus? Didn't he leave with the largest deficit EVER? After that, you still stand here and throw stones at the Obama regime just a few months in for trying to save our economy? Justify that.
Deflect much? What do CLINTON and BUSH have to do with the crap that OBAMA is doing?

Besides, you are right, Bush left with the largest defecit EVER, and then Obama has proceeded to trump that within 90 days. So you must be saying a ridiculous defecit is a good thing - RIGHT??! Which side of your mouth are you speaking out of?

As for the temporary gains on Wall Street, I cannot believe you are stupid enough to think those are permanent. You approve of the fact that the government is using your money to bail out risky and failed investments? You must, you're gloating about the temporary gains in the market with obvious, imminent disaster around the corner.
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post #40 of 52 (permalink) Old 03-27-2009, 09:49 AM
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So when gas prices go back to $3 is it going to be Bush's fault again, or Obama's? Heck I say we blame it on Carter he started the gas price spikes!!!

I NEVER thought someone could spend my money more than I could. It does seem however Obama is doing a better job at it than myself.

I cannot say I disliked Bush's policies, however I was WAY against the stimulus bill and other than the War Debt(because in my mind Wars cost money and that was one debt I was proud we gained) I didn't think he did a good job in the financial sector of the job(not the banks or housing since the POTUS has no control over those sectors, but spending bills).

I have heard some economists say doing nothing is better than spending our way out of this mess. But juice, it just depends on what TV stations and Radio stations you listen and watch as to what information you hear.

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post #41 of 52 (permalink) Old 03-27-2009, 09:53 AM
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It's like you didn't need the rest of it. Bush blew threw money and left with the biggest deficit EVER. Now, his supporters want to yell at Obama for spending money. Hypocritical much?
The last two years He did just that, and he was wrong. But obama promised change well there is no change, that's because the people that spent the money the last two years of the Bush administration are still in power. Do I need to list there names?

You can't fix stupid, but you can vote it out.

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Bullet sort of looses his grip when he factually gets his ass tore off.
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post #42 of 52 (permalink) Old 03-27-2009, 10:54 AM
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No you can't
Won't and can't are different things. Learn the definition. As I said, you'll just refute anything posted as media bias. Besides, none of it matters anyway. One side of your mouth says the market reacts based on what it thinks the future holds. Apparently it thought Bush sucked and started tanking. Oh wait, you meant a future months after he was out of office and not immediately. That way you can blame all the fall of 2008 on Obama too, right?

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Cop out
Again, I'm not wasting time nor energy posting up facts that you a) won't read & b) will just claim media bias.

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Yes, please, stock market take a dump! I can't wait to lose all my money. Moron
So then why do you want Obama's plan to fail? If it does, the market will really crash and we'll all lose tons. If it works, everyone wins -- even you whiners that still can't get over the election. How about cheering for it to work?

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Yes, he is responsible for everything positive but none of the negative. My God, I think we have a new candidate for the board's village idiot.
Aren't you the one who proclaims market is a future predictor?
As I posted earlier, the market reacted negatively when Obama's regime stated plans to spend money without details. Now, plans have come out and the market reacts positively. I'd say that means they like it.

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The equity markets will recover but it won't be because of anything a politician does. I can see you being too dense to figure that out since even the most basic concepts can't be grasped by that pile of monkey shit between your ears.
Nothing a politician does, huh? They may recover without it, but they could certainly recover a lot faster with help.

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Go ahead and link us to some of what these "top economists" have said.
http://finance.yahoo.com/news/Financ...-14734171.html

Maybe you can't read that, so I'll help you out.

Title: Financial experts say recession ends by year's end

Here's a line straight from the article:

Without the $787 billion government stimulus package, he estimated job losses would have continued into the second half of the year and peaked at about 12 percent.

Care to argue with Gus Faucher? Wait a minute. Tell me something. Why did you get an invite to the group assembled by Dow Jones Indexes???

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post #43 of 52 (permalink) Old 03-27-2009, 10:55 AM
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The last two years He did just that, and he was wrong. But obama promised change well there is no change, that's because the people that spent the money the last two years of the Bush administration are still in power. Do I need to list there names?
You can't right a sinking ship like the US economy in a mere 2 months. Give it time.

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post #44 of 52 (permalink) Old 03-27-2009, 11:10 AM
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You can't right a sinking ship like the US economy in a mere 2 months. Give it time.
You don't get it do you? The same people that screwed this up the last two years are still screwing it up. Yes, Bush spent a lot of money, and that was right up the liberals in congress and the senate's alley. Obama is spending money like it grows in a watermelon patch behind the white house. They only thing he has change is the amount and what its being spent on.

If you throw enough money into the market it will go up for a time, but when it crashes next time it will be a lot worse. I am sure you will find a way to blame it on Bush then also.

As for the 2 months Obama has had his finance team in place and running his mouth since November and the Dow has been sinking all that time. The only thing he will do with more time is spend more money that we don't have and grab more power he doesn't need.

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Bullet sort of looses his grip when he factually gets his ass tore off.
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post #45 of 52 (permalink) Old 03-27-2009, 01:36 PM
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Originally Posted by Juiceweezl View Post
http://finance.yahoo.com/news/Financ...-14734171.html

Maybe you can't read that, so I'll help you out.

Title: Financial experts say recession ends by year's end

Here's a line straight from the article:

Without the $787 billion government stimulus package, he estimated job losses would have continued into the second half of the year and peaked at about 12 percent.

Care to argue with Gus Faucher? Wait a minute. Tell me something. Why did you get an invite to the group assembled by Dow Jones Indexes???
You mean the same Gus Faucher who runs Moody's economic modeling and couldn't see this shit coming from a mile away? That Gus Faucher? This Gus Faucher from public radio in December 2007, is this him??:


"Moody's Economy.com economist Gus Faucher explains it this way: He says people worry when they see headlines about the subprime crisis, but they're still doing OK.

Gus Faucher: As long as they have jobs, they'll continue to spend. It's just that growth is going to slow.

Faucher says there is still a chance of a recession. He puts it at 50 percent."



I think I'll go with Warren Buffett, who happens to own 20% of Moody's and by extension, Gus Faucher's ass. What does Buffett, who happens to back Obama, have to say? Oh let's see:




Buffett Says Economy Will Be ‘In Shambles’ for 2009 (Update1)
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By Rick Levinson

Feb. 28 (Bloomberg) -- Billionaire Warren Buffett said the economy will be “in shambles” for the rest of this year as financial firms take losses tied to reckless loans made during the housing boom.

The Standard & Poor’s 500 Index will probably gain in three-quarters of the next 44 years, just as it did in the period since Buffett took over Berkshire Hathaway Inc. in 1965, he said today in his annual letter to the company’s shareholders.

While Buffett and business partner Charlie Munger can’t predict how stocks will perform in 2009, they’re certain “that the economy will be in shambles throughout 2009 -- and, for that matter, probably well beyond,” he wrote.

Gross domestic product shrank at a 6.2 percent annual pace from October through December, the most since 1982, the Commerce Department said yesterday in Washington. Buffett said the consequences of the U.S. housing bubble are now “reverberating through every corner of our economy.”

Home purchases should involve an “honest-to-God down payment of at least 10 percent,” Buffett said. “Putting people into homes, though a desirable goal, shouldn’t be our country’s primary objective.”

Buffett endorsed efforts by the U.S. government to prevent the failure of financial firms including Bear Stearns Cos., which was sold to JPMorgan Chase & Co.

‘Immediate Action’

“Whatever the downsides may be, strong and immediate action by government was essential last year if the financial system was to avoid a total breakdown,” Buffett said. “Had that occurred, the consequences for every area of our economy would have been cataclysmic. Like it or not, the inhabitants of Wall Street, Main Street and the various Side Streets of America were all in the same boat.”

Buffett’s letter accompanied the release of Berkshire’s fourth-quarter results, in which net income fell 96 percent to $117 million on losses from derivative bets tied to stock markets. Berkshire shares have fallen 44 percent in the past year as the value of the firm’s top stock holdings dropped and losses increased on the derivatives.

By the fourth quarter of last year, “the credit crisis, coupled with tumbling home and stock prices, had produced a paralyzing fear that engulfed the country,” Buffett said. “A freefall in business activity ensued, accelerating at a pace that I have never before witnessed. The U.S. - and much of the world - became trapped in a vicious negative-feedback cycle. Fear led to business contraction, and that in turn led to even greater fear.”

To contact the reporter on this story: Rick Levinson in New York at [email protected].

Last Updated: February 28, 2009 11:18 EST
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post #46 of 52 (permalink) Old 03-27-2009, 02:29 PM
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So now you're saying you buy into someone that supports Obama??? I'm confused. The article I posted said that we should see the end sometime around the end of the year. Things will get better. The article you posted said that Buffet endorsed government involvement and that it had to be done. Sounds to me like he believes the government should step in too. Correct me if I'm wrong here too -- if things really start picking up next year, isn't that still during Obama's term? Won't that mean his plan is successful? Thanks for backing me on this one.

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post #47 of 52 (permalink) Old 03-27-2009, 02:58 PM
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So now you're saying you buy into someone that supports Obama??? I'm confused. The article I posted said that we should see the end sometime around the end of the year. Things will get better. The article you posted said that Buffet endorsed government involvement and that it had to be done. Sounds to me like he believes the government should step in too. Correct me if I'm wrong here too -- if things really start picking up next year, isn't that still during Obama's term? Won't that mean his plan is successful? Thanks for backing me on this one.
Not necssarily. His plans don't go into effect that quick and I wouldn't say it is Bush's doing either. The markets fix themselves after awhile. It is the cycle, always has been always will be. I would say in 2-3 years is when we will see if Obama's plans worked the way he says they will or if they work like we think they will. Govt involvement takes time to take effects into the true economy, good or bad. However, gov't involvement take moments to effect the futures in the stock market.

Stock market and the actual market ride on different lines. Don't get them mixed up. One works on words and ideas, the other works on actions and consequences. Stock market can blow me we pulled out and bought gold awhile ago. I don't worry about it anymore. It is a good way to make quick bucks but it is also fake money. I could care less what the stock market does now, I care about what the actual economic numbers do.

Buffet is a smart man and has great buisness investments, but in my opinion he is way off base with his judgement of Obama's plan. Doesn't mean my opinion is right and his is wrong, just means we disagree on what is best for the overall state of the economy. Plus I think he has lost alot of the thinking strategies of an entrepreneur, most don't want gov't involvement for anything. Usually leads to more taxes on their end. When you get as big and rich as Buffet you lose some of that insight though.

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post #48 of 52 (permalink) Old 03-27-2009, 02:59 PM
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Originally Posted by Juiceweezl View Post
So now you're saying you buy into someone that supports Obama??? I'm confused.

Morons get confused easily. It's understandable.

Quote:
Originally Posted by Juiceweezl
The article I posted said that we should see the end sometime around the end of the year. Things will get better.

"While Buffett and business partner Charlie Munger can’t predict how stocks will perform in 2009, they’re certain “that the economy will be in shambles throughout 2009 -- and, for that matter, probably well beyond,” he wrote. "

Quote:
Originally Posted by Juiceweezl
The article you posted said that Buffet endorsed government involvement and that it had to be done.
"Buffett endorsed efforts by the U.S. government to prevent the failure of financial firms including Bear Stearns Cos., which was sold to JPMorgan Chase & Co.

‘Immediate Action’

“Whatever the downsides may be, strong and immediate action by government was essential last year if the financial system was to avoid a total breakdown,” Buffett said. “Had that occurred, the consequences for every area of our economy would have been cataclysmic. Like it or not, the inhabitants of Wall Street, Main Street and the various Side Streets of America were all in the same boat.”


So show me again where Buffett endorses Obama's spendulus packages?




Quote:
Originally Posted by Juiceweezl
Sounds to me like he believes the government should step in too.
Yes, regarding bank failures... not pork-filled budgets and trickle up poverty "stimulus" bills.

Quote:
Originally Posted by Juiceweezl
Correct me if I'm wrong here too -- if things really start picking up next year, isn't that still during Obama's term? Won't that mean his plan is successful? Thanks for backing me on this one.

When you say his, do you mean President Bush's bank bailout plan which Buffett backed? I still haven't seen anything in that article that shows any hint of support for any of the crap Obama has pushed.

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post #49 of 52 (permalink) Old 03-27-2009, 03:01 PM
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So now you're saying you buy into someone that supports Obama??? I'm confused.
I have a feeling that you are confused about a lot of things in life. You certainly can't think for yourself. I like how you make assumptions about the positions I take on various issues. Or you just fill in the blanks with what you want them to be in order to attempt to make some limp dicked point. I can't agree with Buffett without agreeing with Obama? I can't be in favor of one thing Obama does without being in favor of everything he does? I can't support one thing Bush did but not another? I'm beginning to think you may be retarded.

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The article I posted said that we should see the end sometime around the end of the year. Things will get better.
And I posted a quote where your boy Gus missed the mark by a mile. Not only that but he also works for Moody's, aren't they responsible for some of this fuck up? Logically, wouldn't Gus be one of those people who fucked up? Hmmm. But now we should trust him! He's right this time!

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Originally Posted by Juiceweezl View Post
The article you posted said that Buffet endorsed government involvement and that it had to be done. Sounds to me like he believes the government should step in too.
No it didn't, it said: "Buffett endorsed efforts by the U.S. government to prevent the failure of financial firms including Bear Stearns Cos., which was sold to JPMorgan Chase & Co." Does that mean he was in favor of Obama printing out a trillion dollars of deficit money? I'm reading it carefully again and again and I don't see that. Buffett may have agreed with Obama, I don't know for sure, I do know that what I posted doesn't answer that question. I'm not sure why you take that as a blanket approval from Buffett.

Quote:
Originally Posted by Juiceweezl View Post
Correct me if I'm wrong here too -- if things really start picking up next year, isn't that still during Obama's term? Won't that mean his plan is successful?
No, it won't mean a thing. Not unless you can somehow quantify the difference it made. I could just as easily say that the recovery was because of president Bush's stimulus check from last year. Is that really your litmus test..."oh look the economy is up, Obama is a genius!"...are you really that simple minded?
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post #50 of 52 (permalink) Old 03-27-2009, 03:21 PM
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I have a feeling that you are confused about a lot of things in life. You certainly can't think for yourself. I like how you make assumptions about the positions I take on various issues. Or you just fill in the blanks with what you want them to be in order to attempt to make some limp dicked point. I can't agree with Buffett without agreeing with Obama? I can't be in favor of one thing Obama does without being in favor of everything he does? I can't support one thing Bush did but not another? I'm beginning to think you may be retarded.
Everything to Juice is absurdly simplified. You must completely agree with Obama or completely disagree. As Tony noted, it's completely black or white. He still hasn't explained how 46tbird or myself were being hypocritical. He conveniently skipped that abortion of an argument.
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