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#1
posted to rec.boats
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Obamanomics....
.... trickle up poverty.
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#2
posted to rec.boats
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Obamanomics....
On Fri, 08 May 2009 08:22:21 -0400, BAR wrote:
... trickle up poverty. That would be pretty funny if it wasn't frightfully true. |
#3
posted to rec.boats
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Obamanomics....
"Tom Francis - SWSports" wrote in message ... On Fri, 08 May 2009 08:22:21 -0400, BAR wrote: ... trickle up poverty. That would be pretty funny if it wasn't frightfully true. The only good part is there will be less boats on the waterways. Fewer will afford such luxuries. |
#4
posted to rec.boats
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Obamanomics....
On Fri, 8 May 2009 07:08:20 -0600, "Canuck57" wrote:
"Tom Francis - SWSports" wrote in message ... On Fri, 08 May 2009 08:22:21 -0400, BAR wrote: ... trickle up poverty. That would be pretty funny if it wasn't frightfully true. The only good part is there will be less boats on the waterways. Fewer will afford such luxuries. Didn't think of that - good point. |
#5
posted to rec.boats
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Obamanomics....
On Fri, 08 May 2009 08:22:21 -0400, BAR wrote:
... trickle up poverty. Trickle down = Snake Oil |
#6
posted to rec.boats
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Obamanomics....
On Fri, 8 May 2009 07:08:20 -0600, "Canuck57" wrote:
"Tom Francis - SWSports" wrote in message ... On Fri, 08 May 2009 08:22:21 -0400, BAR wrote: ... trickle up poverty. That would be pretty funny if it wasn't frightfully true. The only good part is there will be less boats on the waterways. Fewer will afford such luxuries. Too many idiots living beyond their means, using the equity in their houses to fuel fantasies. Life in the US is being reset to more realistic standard. Affluenza is losing ground. |
#7
posted to rec.boats
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Obamanomics....
"jps" wrote in message ... On Fri, 8 May 2009 07:08:20 -0600, "Canuck57" wrote: "Tom Francis - SWSports" wrote in message ... On Fri, 08 May 2009 08:22:21 -0400, BAR wrote: ... trickle up poverty. That would be pretty funny if it wasn't frightfully true. The only good part is there will be less boats on the waterways. Fewer will afford such luxuries. Too many idiots living beyond their means, using the equity in their houses to fuel fantasies. Life in the US is being reset to more realistic standard. Affluenza is losing ground. Agreed. But for those that too the story of the Three Pigs seriously, we are not hurting one bit. In fact, I look at this as an opportunity. It is the paper tigers that are having the wind blown out with the BS. Those sticking to fundimentals and tried and proven diciplines are laughing. |
#8
posted to rec.boats
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Obamanomics....
"jps" wrote in message ... On Fri, 08 May 2009 08:22:21 -0400, BAR wrote: ... trickle up poverty. Trickle down = Snake Oil For a Snake-oil saleman, Obama being on the top does pretty good to rally the masses in their missery. |
#9
posted to rec.boats
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Obamanomics....
On Fri, 8 May 2009 18:35:36 -0600, "Canuck57" wrote:
"jps" wrote in message .. . On Fri, 8 May 2009 07:08:20 -0600, "Canuck57" wrote: "Tom Francis - SWSports" wrote in message ... On Fri, 08 May 2009 08:22:21 -0400, BAR wrote: ... trickle up poverty. That would be pretty funny if it wasn't frightfully true. The only good part is there will be less boats on the waterways. Fewer will afford such luxuries. Too many idiots living beyond their means, using the equity in their houses to fuel fantasies. Life in the US is being reset to more realistic standard. Affluenza is losing ground. Agreed. But for those that too the story of the Three Pigs seriously, we are not hurting one bit. In fact, I look at this as an opportunity. It is the paper tigers that are having the wind blown out with the BS. Those sticking to fundimentals and tried and proven diciplines are laughing. All the way to the bank. |
#10
posted to rec.boats
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Obamanomics....
"Tom Francis - SWSports" wrote in message ... On Fri, 8 May 2009 18:35:36 -0600, "Canuck57" wrote: "jps" wrote in message . .. On Fri, 8 May 2009 07:08:20 -0600, "Canuck57" wrote: "Tom Francis - SWSports" wrote in message ... On Fri, 08 May 2009 08:22:21 -0400, BAR wrote: ... trickle up poverty. That would be pretty funny if it wasn't frightfully true. The only good part is there will be less boats on the waterways. Fewer will afford such luxuries. Too many idiots living beyond their means, using the equity in their houses to fuel fantasies. Life in the US is being reset to more realistic standard. Affluenza is losing ground. Agreed. But for those that too the story of the Three Pigs seriously, we are not hurting one bit. In fact, I look at this as an opportunity. It is the paper tigers that are having the wind blown out with the BS. Those sticking to fundimentals and tried and proven diciplines are laughing. All the way to the bank. I don't deal much with banks, only with investment institutions that are not involved in lending money at all. Been that way for 7 years. In fact, sold my last bond some 5 years ago. Maybe blessed, but I saw this coming a mile away. But did under estimate how deep it is going. Problem is, this market is doing good and I am profitin, I suspect it is a mini-recovery that will go south by fall. I will predict this. Until GM & Chrysler are bankrupt and processed, until the government gets it's cash flow possitive, there isn't a hope in hell for the economy to get much better. A growing poor and often working class is going to change demographics. Infaltion will hit hard too at some point. The ride is far from over. |
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