On Fri, 02 Jul 2010 17:40:18 -0600, Canuck57
wrote:

On 02/07/2010 3:14 PM, bpuharic wrote:
On Fri, 02 Jul 2010 11:33:59 -0600,
wrote:

but the rich will do very well if the GOP gets back in


actually it did. the economy was growing. now that the money is spent,
and YOUR view is becoming dominant, the economy is dying.

welcome to 1929 courtesy of the right wing

Welcome to 1870... Some stats are now worse than 1929.

yep. courtesy of the right wing

Think as you will. I believe liberal debt, liberal corruption, liberal
bailouts, liberal waste all made this happen.

since bush was president in 2007, it's obvious either you think obama
was pres then

or you just hate tne black president


Cut the waste and corruption leaving peole with more of their own money

bull****. they've been saying this for 200 years. good luck


we need to spend MORE to undo the right wing damage. otherwise we'll
never dig ourselves out of this hole the right put us in

You can't spend your way out of debt.

?? sure you can. in fact it's the ONLY way to get out of debt. if NO
ONE SPENDS then companies dont need to create jobs

It is why you are a debtor.

really? is that why the US had one of the fastest growing economies in
history after 1945?



what do you think companies are going to do? make **** and let it sit
in warehouses?

Nope, waste of capital to do so.

DUH!! gee even YOU start to see the problem!


where did you learn economics? culinary arts school?

Reading books. I started investing in 1984.

comic books dont count

Quickly became apparent
why rich were rich and poor were poor and I decided I was going to cross
the street. And did. Those old fashioned sayings like save for a rainy
day, they were ace on.

more bull**** from the right. under right wing ideology the rich in
the US got fantastically rich by trading CDO's and making the
financial sectoy account for 40% of GDP in 2006

how'd that work out for middle america? your rich pals benefit the
middle class?


Rich are Rich because:

1) They never borrow money to spend on "stuff" that does not make them
money.

uh no. they just steal from the middle class. here we have the right
wing, ignoring the death of the US economy at the hands of the rich,
telling us fairy tales about the rich


2) They tend NOT to have personal debt.

of COURSE they dont!! as soon as they get into debt, they run to the
govt and the govt bails 'em out!


3) They have a non-fad and realistic view of the markets. Well honed in
their areas.

oh, yes. CDO's...those were real...they went from 1 trillion in 1996
to 62 TRILLION in 2006

so how real were these financial instruments dreamed up by the rich?



4) They think for themselves.

5) Unless a house of large value, they always spend less than they make.

6) They invest heavily in themselves to understand their enviroments.

Thats the secret summary. The rest is as simple as buy low sell high.
And I smell a buying opportunity in maing about September or October.
But time will tell, Obama can do a lot of damage between now and then.

christ you believe any bull****, wont you? any bull**** at all as long
as the rich are portrayed as the messiah