Thread: Obamanomics....
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Wizard of Woodstock Wizard of Woodstock is offline
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First recorded activity by BoatBanter: Jan 2009
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Default Obamanomics....

On Sat, 9 May 2009 20:11:34 -0400, "Eisboch"
wrote:


"Vic Smith" wrote in message
.. .

I was listening to one of the Fox "financial" shows this morning.
You know, the Wall Street whizzes. They used to begin their shows
with lead-ins like "Will the Unions Destroy America?" or "Will the
Democrat Congress Destroy America?"
That's when the Dow was 14,000.
Guess their questions were prescient.
Now it's something like "Is it Too Late To Stop Socialism?"

Anyway, these guys and gals are usually in lockstep about what's good
for America. Kill unions. Don't raise min wage. Those with no
health care deserve none. Shipping jobs overseas is good for America.
Dems are bad. You know, the usual. Just making sense. For America.
The only disagreements are about what stock to buy. But that's all
good-humored. After all, we're all rich.
Then one of them - the "moderator" - says there are record 401k
withdrawals, despite the folks getting hit for the 10% early penalty.
A clip of Obama making a campaign speech and saying he wants that
penalty stopped for withdrawals up $10,000 is played.
I remembered that speech and figured these guys would pan it, and they
did at the time. Looks to be a broken promise by Obama.
Now one them pipes up and says it's a good idea to get cash back in
the economy. All hell breaks loose, because that will take steam out
of the stock market.
It's fun seeing these people go for each others throat.
I'm enjoying the hell out of some aspects of this "recession."
That's entertainment!


One thing for sure. You can't make a valued judgment on events by watching
Fox News, Rush Limbaugh, Keith Olbermann, Rachel Maddow, Lou Dobbs or any of
these clowns delivering news or commentary.
They are out for ratings. Period.


You mean unlike NPR, CBS, NBC, MSNBC and ABC who are just in it for
altruism?

Yeah - I can buy into that. :)

However, if you sorta stay tuned to White House announcements, incentives
and programs, you can get a pretty good sense for where this country is
heading.


Also a good point.

Then again, that means that you actually have to have the capacity for
critical thinking and that, my friend, is something not taught anymore
in our educational system.