On 02/07/2010 7:01 PM, nom=de=plume wrote:

"Canuck57" wrote in message
...
On 02/07/2010 3:14 PM, bpuharic wrote:
On Fri, 02 Jul 2010 11:33:59 -0600,
wrote:

On 02/07/2010 11:10 AM, bpuharic wrote:
On Fri, 02 Jul 2010 11:01:02 -0600,
wrote:



You mean intellectually stupid like nails. Been 22 months since Obama
was elected, 18 months since he took office, $3 trillion in debt ago.

amazing how much damage the right wing did to the US economy. it's
been 18 months and still we're in a depression. it's getting worse
because there's serious talk of major govt spending cuts...just like
the 1930's. we can see the effects of what canuck advocates.

What? I have money so I am supposed to invest it in a loser deal? Pull
your head out of your arse. Nothing to stop your sorry ass from putting
your money down. Other than perhaps you are broke, in debt up to your
eyeeballs and in arrears.

meaninjgless babbling.

we're broke. and your recommendation? make us BROKER!!

more unemployed...more deflation...

bail out BP and stick the taxpayer with the billl...



Investors are no different than workers

bull****. right now their tax rate is 15%. no taxpayer has a rate that
low.


. They don't go to work for
nothing or to loose. Governemtn wants to f- things up, no problem we
will retire the cash to the sidelines or into some other non-domestic
venture.

right now the problem is the MIDDLE CLASS is not spending. **** the
rich. they've had their day in the sun. they stole everything not
nailed down and stuck the middle class with the bill

you right wingers cant remember YESTERDAY.


When does it become Obama's problem? 2369?

it may never be possible to undo the damage the right wing did.

You are right in that the tipping point of US debt may have been
exceeded and that the US economy and currency is bankrupt. If so, look
to 3rd world status in months not years.

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.

Cut the waste and corruption leaving peole with more of their own
money and halting the debt spiral is the only way out. The longer the
idiots wait to see reality, the worse it will get.

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.

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

Nope, waste of capital to do so.

where did you learn economics? culinary arts school?

Reading books. I started investing in 1984. 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.

Rich are Rich because:

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

2) They tend NOT to have personal debt.

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

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.

--
We all work for government, they ceased working for us a long time ago.

I bet you believe in the tooth fairy also.

So lucky not to be you.

--
We all work for government, they ceased working for us a long time ago.