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Obama fails to get Nobel Prize in Economics
wf3h wrote:
On Oct 12, 3:58 pm, John H wrote: On Mon, 12 Oct 2009 11:25:04 -0700 (PDT), wf3h wrote: On Oct 12, 12:35 pm, Canuck57 wrote: wf3h wrote: my corrective action is not to trust the rich anymore...you're too stupid to learn that Instead of envy, distrust and hate of the rich, learn to think like them. They have people paid big bucks to keep them out of financial trouble, certainly more than you or I can afford. how does one think like a thief who bribes politicians when one has no money to bribe politicians? When government said nothing to worry about re-debt markets in 2007 and again in 2008, this was your/our first red flag. me and ever nobel prize winning economist on the planet. You can sit on your arse and bitch about the rich, but there are good reasons why they have money and you do not. yeah. they inherit it and bribe politicians to game the system so we have NO choice BUT to invest with them. so the REAL answer is to change the system instead of doing like YOU recommend which is to pat them on the back for being such good thieves And the reason is simple, they do their research and humbly and rationally know the markets on how they really operate. bull****. pure bull****. if they did so, they wouldnt have to come to me and ask me to bail them out after they stole my money They didn't come to you. 'Bama came to you. And, like a dummy, you said OK.- guess you forgot bush was president the last 8 years. i'll just keep repeating this since it's obvious you have alzheimer's Then by that logic, Bush should get the Nobel prize Obama just got. Can't have it both ways and say there is a rational bone in your body. |
Obama fails to get Nobel Prize in Economics
"wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. |
Obama fails to get Nobel Pri
On Mon, 12 Oct 2009 15:32:30 -0600, Vic Smith
wrote: On Mon, 12 Oct 2009 16:24:44 -0400, John H wrote: On Mon, 12 Oct 2009 11:27:28 -0700 (PDT), wf3h wrote: On Oct 12, 12:59*pm, Jim wrote: wf3h wrote: no wonder they got their asses handed to them in the last election Wrong on all points. And unless you change your thinking, you will continue to be a loser.- hey jim who's president? if i'm a 'loser' then why did the GOP just get wiped out in the last election? not too swift, are you? Haven't you been doing all the whining about 'losing' all your money? Wouldn't one who loses his money earn the name 'loser'? Should have watched this commercial, and gotten real about protecting his green bones from the Wall Street dogs. http://www.youtube.com/watch?v=5G7bGBUlx2M One smart mutt. --Vic Now I'll think of poor wf3h every time I see that commercial. |
Obama fails to get Nobel Prize in Economics
"Jim" wrote in message
m... nom=de=plume wrote: "Jim" wrote in message ... Jim wrote: wf3h wrote: On Oct 12, 11:40 am, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. i did have control. i did what the right wing said to do: trust the rich. my corrective action is not to trust the rich anymore...you're too stupid to learn that Excuse me. Who lost nearly half of his portfolio? Not me. 1/3 here. I wasn't quick enough to move it. In hindsight, when Bush made that speech a year ago, where he said,"Because of my incredibly bad leadership, you are all ****ed," I should have moved it right then. I remember being amazed at that speech. I've never heard a president panic the stock market as bad as that. I should have known what the effects would be. We were all taught the best tactic was to make your choices based on the long term, don't move it around very often. Following that advise makes it my fault I lost. All the bitching about Obama's economy makes me wonder if anyone was paying attention to the last 8 years. My portfolio went down about 30%, but I didn't panic and basically stopped looking. I finally checked last month, and I was about $200K. I believe in dollar cost averaging, so I figured I'd be ok. I've been using that strategy since I started earning money. I'll second everything you said. I now know that I should actively manage my 401, daily. Long term, yes, but watching for a president that panics people is more important. A financial planner I saw told me I should invest according to my risk tolerance. Duh. I keep moving my risk from about 6% to 30% and then back again. I'd like to risk more, but am unsure, now, exactly how to do this managing. It was all so much easier until a year ago when we all were hit in the face with the realities of what can happen. Thankfully I took personal finance in college and learned some things. I feel badly for those who didn't attend college or didn't learn from personal finance courses. Those are the guys deeply in debt and can't figure out what to do about it. I actually don't believe in the daily management of investments. I look once, maybe twice a quarter. If see something is out of wack with my long-term plan, then I adjust accordingly. Otherwise, I'm loath to do anything or make a change. The biggest loser in my portfolio is my real estate mutual fund. But, there's no reason to panic about it. It'll come back eventually. It really depends on how long you have. If you're in the later part of your working career, then you should slowly but deliberately be moving toward a lower-risk mix of stocks, bonds, and real property. In my case, I have (I'm hopeful) 20+ years before I'm in the later part. I have a pretty volitile mix, but I can stand it if I don't look too much. lol I have a friend who has her stuff "managed" by Fidelity's program. She's doing fine, but giving up a few percent so she doesn't have to do anything. I'd rather do it myself (you can follow their advice without having to pay for it with just a tiny bit of research) and save the percent. -- Nom=de=Plume |
Obama fails to get Nobel Prize in Economics
"Jim" wrote in message
m... Jim wrote: Jim wrote: nom=de=plume wrote: "Jim" wrote in message ... Jim wrote: wf3h wrote: On Oct 12, 11:40 am, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. i did have control. i did what the right wing said to do: trust the rich. my corrective action is not to trust the rich anymore...you're too stupid to learn that Excuse me. Who lost nearly half of his portfolio? Not me. 1/3 here. I wasn't quick enough to move it. In hindsight, when Bush made that speech a year ago, where he said,"Because of my incredibly bad leadership, you are all ****ed," I should have moved it right then. I remember being amazed at that speech. I've never heard a president panic the stock market as bad as that. I should have known what the effects would be. We were all taught the best tactic was to make your choices based on the long term, don't move it around very often. Following that advise makes it my fault I lost. All the bitching about Obama's economy makes me wonder if anyone was paying attention to the last 8 years. My portfolio went down about 30%, but I didn't panic and basically stopped looking. I finally checked last month, and I was about $200K. I believe in dollar cost averaging, so I figured I'd be ok. I've been using that strategy since I started earning money. I'll second everything you said. I now know that I should actively manage my 401, daily. Long term, yes, but watching for a president that panics people is more important. A financial planner I saw told me I should invest according to my risk tolerance. Duh. I keep moving my risk from about 6% to 30% and then back again. I'd like to risk more, but am unsure, now, exactly how to do this managing. It was all so much easier until a year ago when we all were hit in the face with the realities of what can happen. Thankfully I took personal finance in college and learned some things. I feel badly for those who didn't attend college or didn't learn from personal finance courses. Those are the guys deeply in debt and can't figure out what to do about it. The more you want to make the more you have to risk. At this point in my life I'm in preservation mode and this market didn't hurt me too badly. Younger folks that took heavy losses will eventually recover if they don't get greedy and try to get their money back too quickly. Duh. Well, to give him credit, he is right, and many people don't follow that simple advice. He can apologize to me anytime for his rude behavior. lol -- Nom=de=Plume |
Obama fails to get Nobel Prize in Economics
Canuck57 wrote:
wf3h wrote: On Oct 12, 3:58 pm, John H wrote: On Mon, 12 Oct 2009 11:25:04 -0700 (PDT), wf3h wrote: On Oct 12, 12:35 pm, Canuck57 wrote: wf3h wrote: my corrective action is not to trust the rich anymore...you're too stupid to learn that Instead of envy, distrust and hate of the rich, learn to think like them. They have people paid big bucks to keep them out of financial trouble, certainly more than you or I can afford. how does one think like a thief who bribes politicians when one has no money to bribe politicians? When government said nothing to worry about re-debt markets in 2007 and again in 2008, this was your/our first red flag. me and ever nobel prize winning economist on the planet. You can sit on your arse and bitch about the rich, but there are good reasons why they have money and you do not. yeah. they inherit it and bribe politicians to game the system so we have NO choice BUT to invest with them. so the REAL answer is to change the system instead of doing like YOU recommend which is to pat them on the back for being such good thieves And the reason is simple, they do their research and humbly and rationally know the markets on how they really operate. bull****. pure bull****. if they did so, they wouldnt have to come to me and ask me to bail them out after they stole my money They didn't come to you. 'Bama came to you. And, like a dummy, you said OK.- guess you forgot bush was president the last 8 years. i'll just keep repeating this since it's obvious you have alzheimer's Then by that logic, Bush should get the Nobel prize Obama just got. Can't have it both ways and say there is a rational bone in your body. Obama got the Nobel Peace Prize, not for economics. That's a different subject. Are you really that dumb? Bush started too many wars that didn't need to happen to get a peace prize. The economic results weren't any better, eliminating any chance for that prize either. The Afghanistan war was so poorly managed that we spent 7 years fighting with no actual accomplishment. That should warrant a jail term, not a peace prize. History won't be kind to Bush and I'm sure he knows it. |
Obama fails to get Nobel Prize in Economics
"CalifBill" wrote in message
m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume |
Obama fails to get Nobel Pri
On Mon, 12 Oct 2009 16:24:44 -0400, John H
wrote: On Mon, 12 Oct 2009 11:27:28 -0700 (PDT), wf3h wrote: On Oct 12, 12:59Â*pm, Jim wrote: wf3h wrote: no wonder they got their asses handed to them in the last election Wrong on all points. And unless you change your thinking, you will continue to be a loser.- hey jim who's president? if i'm a 'loser' then why did the GOP just get wiped out in the last election? not too swift, are you? Haven't you been doing all the whining about 'losing' all your money? Wouldn't one who loses his money earn the name 'loser'? Should have watched this commercial, and gotten real about protecting his green bones from the Wall Street dogs. http://www.youtube.com/watch?v=5G7bGBUlx2M One smart mutt. --Vic |
Obama fails to get Nobel Prize in Economics
nom=de=plume wrote:
"Jim" wrote in message m... Jim wrote: Jim wrote: nom=de=plume wrote: "Jim" wrote in message ... Jim wrote: wf3h wrote: On Oct 12, 11:40 am, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. i did have control. i did what the right wing said to do: trust the rich. my corrective action is not to trust the rich anymore...you're too stupid to learn that Excuse me. Who lost nearly half of his portfolio? Not me. 1/3 here. I wasn't quick enough to move it. In hindsight, when Bush made that speech a year ago, where he said,"Because of my incredibly bad leadership, you are all ****ed," I should have moved it right then. I remember being amazed at that speech. I've never heard a president panic the stock market as bad as that. I should have known what the effects would be. We were all taught the best tactic was to make your choices based on the long term, don't move it around very often. Following that advise makes it my fault I lost. All the bitching about Obama's economy makes me wonder if anyone was paying attention to the last 8 years. My portfolio went down about 30%, but I didn't panic and basically stopped looking. I finally checked last month, and I was about $200K. I believe in dollar cost averaging, so I figured I'd be ok. I've been using that strategy since I started earning money. I'll second everything you said. I now know that I should actively manage my 401, daily. Long term, yes, but watching for a president that panics people is more important. A financial planner I saw told me I should invest according to my risk tolerance. Duh. I keep moving my risk from about 6% to 30% and then back again. I'd like to risk more, but am unsure, now, exactly how to do this managing. It was all so much easier until a year ago when we all were hit in the face with the realities of what can happen. Thankfully I took personal finance in college and learned some things. I feel badly for those who didn't attend college or didn't learn from personal finance courses. Those are the guys deeply in debt and can't figure out what to do about it. The more you want to make the more you have to risk. At this point in my life I'm in preservation mode and this market didn't hurt me too badly. Younger folks that took heavy losses will eventually recover if they don't get greedy and try to get their money back too quickly. Duh. Well, to give him credit, he is right, and many people don't follow that simple advice. He can apologize to me anytime for his rude behavior. lol Anytime? Pfweww! That takes the pressure off. |
Obama fails to get Nobel Prize in Economics
nom=de=plume wrote:
"Jim" wrote in message m... Jim wrote: Jim wrote: nom=de=plume wrote: "Jim" wrote in message ... Jim wrote: wf3h wrote: On Oct 12, 11:40 am, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. i did have control. i did what the right wing said to do: trust the rich. my corrective action is not to trust the rich anymore...you're too stupid to learn that Excuse me. Who lost nearly half of his portfolio? Not me. 1/3 here. I wasn't quick enough to move it. In hindsight, when Bush made that speech a year ago, where he said,"Because of my incredibly bad leadership, you are all ****ed," I should have moved it right then. I remember being amazed at that speech. I've never heard a president panic the stock market as bad as that. I should have known what the effects would be. We were all taught the best tactic was to make your choices based on the long term, don't move it around very often. Following that advise makes it my fault I lost. All the bitching about Obama's economy makes me wonder if anyone was paying attention to the last 8 years. My portfolio went down about 30%, but I didn't panic and basically stopped looking. I finally checked last month, and I was about $200K. I believe in dollar cost averaging, so I figured I'd be ok. I've been using that strategy since I started earning money. I'll second everything you said. I now know that I should actively manage my 401, daily. Long term, yes, but watching for a president that panics people is more important. A financial planner I saw told me I should invest according to my risk tolerance. Duh. I keep moving my risk from about 6% to 30% and then back again. I'd like to risk more, but am unsure, now, exactly how to do this managing. It was all so much easier until a year ago when we all were hit in the face with the realities of what can happen. Thankfully I took personal finance in college and learned some things. I feel badly for those who didn't attend college or didn't learn from personal finance courses. Those are the guys deeply in debt and can't figure out what to do about it. The more you want to make the more you have to risk. At this point in my life I'm in preservation mode and this market didn't hurt me too badly. Younger folks that took heavy losses will eventually recover if they don't get greedy and try to get their money back too quickly. Duh. Well, to give him credit, he is right, and many people don't follow that simple advice. He can apologize to me anytime for his rude behavior. lol "Duh" was a bit rude. I should have just agreed with him and moved on. All of the rules probably remain the same, the new wrinkle is the realization that you can follow the rules and advice everyone gives and loose a lot until you break the rules and put a top to the bleeding by anticipating the market, which is/was against the advice to stay put. |
Obama fails to get Nobel Prize in Economics
nom=de=plume wrote:
"Jim" wrote in message m... nom=de=plume wrote: "Jim" wrote in message ... Jim wrote: wf3h wrote: On Oct 12, 11:40 am, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. i did have control. i did what the right wing said to do: trust the rich. my corrective action is not to trust the rich anymore...you're too stupid to learn that Excuse me. Who lost nearly half of his portfolio? Not me. 1/3 here. I wasn't quick enough to move it. In hindsight, when Bush made that speech a year ago, where he said,"Because of my incredibly bad leadership, you are all ****ed," I should have moved it right then. I remember being amazed at that speech. I've never heard a president panic the stock market as bad as that. I should have known what the effects would be. We were all taught the best tactic was to make your choices based on the long term, don't move it around very often. Following that advise makes it my fault I lost. All the bitching about Obama's economy makes me wonder if anyone was paying attention to the last 8 years. My portfolio went down about 30%, but I didn't panic and basically stopped looking. I finally checked last month, and I was about $200K. I believe in dollar cost averaging, so I figured I'd be ok. I've been using that strategy since I started earning money. I'll second everything you said. I now know that I should actively manage my 401, daily. Long term, yes, but watching for a president that panics people is more important. A financial planner I saw told me I should invest according to my risk tolerance. Duh. I keep moving my risk from about 6% to 30% and then back again. I'd like to risk more, but am unsure, now, exactly how to do this managing. It was all so much easier until a year ago when we all were hit in the face with the realities of what can happen. Thankfully I took personal finance in college and learned some things. I feel badly for those who didn't attend college or didn't learn from personal finance courses. Those are the guys deeply in debt and can't figure out what to do about it. I actually don't believe in the daily management of investments. I look once, maybe twice a quarter. If see something is out of wack with my long-term plan, then I adjust accordingly. Otherwise, I'm loath to do anything or make a change. This was according to the common advice of the day. After the losses, it was pointed out that we should all take an active interest in our investments. It was our fault we didn't act to protect our 401s. I lost $80,000 in a couple of days that I could have saved if I were more on top of it. I did save another $50,000 by putting my savings plan on stable value. I've made some of it back. Would be in a better place if I had acted sooner. That's the lesson, don't put it on automatic and wait some artificial time period. The biggest loser in my portfolio is my real estate mutual fund. But, there's no reason to panic about it. It'll come back eventually. Real estate is nothing more than a Ponzi Scheme. When everyone was refinancing weekly and buying property they couldn't possibly afford I should have known. It really depends on how long you have. If you're in the later part of your working career, then you should slowly but deliberately be moving toward a lower-risk mix of stocks, bonds, and real property. In my case, I have (I'm hopeful) 20+ years before I'm in the later part. I have a pretty volitile mix, but I can stand it if I don't look too much. lol I have a friend who has her stuff "managed" by Fidelity's program. She's doing fine, but giving up a few percent so she doesn't have to do anything. I'd rather do it myself (you can follow their advice without having to pay for it with just a tiny bit of research) and save the percent. I decided to give my financial planner a miss. I know I have to manage my money myself. |
Obama fails to get Nobel Prize in Economics
"wf3h" wrote in message ... On Oct 12, 12:32 pm, "CalifBill" wrote: "wf3h" wrote in message ... On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K And Obama gave a trillion bucks to the same rich people. they left him no choice. they trashed the banking system then told the middle class they'd lend no money unless we paid for their mistakes Enough so that bankrupt AIG could give million in bonus bucks. Enough that Bankrupt GoldmanSaks could give out 6.5 billion bucks. Yup, Obama is taking care of the idiots oops make that non rich people. idiots like george bush reply: Go back to school and pay attention this time in Econ 101. |
Obama fails to get Nobel Prize in Economics
On Oct 12, 4:28*pm, Canuck57 wrote:
Then by that logic, Bush should get the Nobel prize Obama just got. Can't have it both ways and say there is a rational bone in your body.- i'll type this slowly 'cuz i know you're a right winger and can't read obama didn't win the ECONOMICS prize. see...economics deals with M O N E Y he won the PEACE prize because he decided to change bush's views on destroying the world |
Obama fails to get Nobel Prize in Economics
On Oct 12, 7:31*pm, "CalifBill" wrote:
"wf3h" wrote in message bankrupt AIG could give million in bonus bucks. Enough that Bankrupt GoldmanSaks could give out 6.5 billion bucks. Yup, Obama is taking care of the idiots oops make that non rich people. idiots like george bush reply: Go back to school and pay attention this time in Econ 101. ROFLMAO!! graduate work in economics at the rauch school... sorry, dude. your answer is no answer at all...typical for the right wing |
Obama fails to get Nobel Prize in Economics
Jim wrote:
Canuck57 wrote: wf3h wrote: On Oct 12, 3:58 pm, John H wrote: On Mon, 12 Oct 2009 11:25:04 -0700 (PDT), wf3h wrote: On Oct 12, 12:35 pm, Canuck57 wrote: wf3h wrote: my corrective action is not to trust the rich anymore...you're too stupid to learn that Instead of envy, distrust and hate of the rich, learn to think like them. They have people paid big bucks to keep them out of financial trouble, certainly more than you or I can afford. how does one think like a thief who bribes politicians when one has no money to bribe politicians? When government said nothing to worry about re-debt markets in 2007 and again in 2008, this was your/our first red flag. me and ever nobel prize winning economist on the planet. You can sit on your arse and bitch about the rich, but there are good reasons why they have money and you do not. yeah. they inherit it and bribe politicians to game the system so we have NO choice BUT to invest with them. so the REAL answer is to change the system instead of doing like YOU recommend which is to pat them on the back for being such good thieves And the reason is simple, they do their research and humbly and rationally know the markets on how they really operate. bull****. pure bull****. if they did so, they wouldnt have to come to me and ask me to bail them out after they stole my money They didn't come to you. 'Bama came to you. And, like a dummy, you said OK.- guess you forgot bush was president the last 8 years. i'll just keep repeating this since it's obvious you have alzheimer's Then by that logic, Bush should get the Nobel prize Obama just got. Can't have it both ways and say there is a rational bone in your body. Obama got the Nobel Peace Prize, not for economics. That's a different subject. Are you really that dumb? Bush started too many wars that didn't need to happen to get a peace prize. The economic results weren't any better, eliminating any chance for that prize either. The Afghanistan war was so poorly managed that we spent 7 years fighting with no actual accomplishment. That should warrant a jail term, not a peace prize. History won't be kind to Bush and I'm sure he knows it. So you think Obama should get a Nobel prize for 8 months.... Yet isn't responsible for $1.3B trillion debt-spend in the same period??? You have a serious rationality disorder if you think that way. I do agree with certain of your statements of the war, be it Bush or Obama, we need to quit pandering to Afgan BS or get the hell out. Let the Saudis fund their own protection. But there is no delivery of pease, just US, Canadian and other dead friendlies. |
Obama fails to get Nobel Prize in Economics
"Jim" wrote in message
m... nom=de=plume wrote: "Jim" wrote in message m... nom=de=plume wrote: "Jim" wrote in message ... Jim wrote: wf3h wrote: On Oct 12, 11:40 am, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. i did have control. i did what the right wing said to do: trust the rich. my corrective action is not to trust the rich anymore...you're too stupid to learn that Excuse me. Who lost nearly half of his portfolio? Not me. 1/3 here. I wasn't quick enough to move it. In hindsight, when Bush made that speech a year ago, where he said,"Because of my incredibly bad leadership, you are all ****ed," I should have moved it right then. I remember being amazed at that speech. I've never heard a president panic the stock market as bad as that. I should have known what the effects would be. We were all taught the best tactic was to make your choices based on the long term, don't move it around very often. Following that advise makes it my fault I lost. All the bitching about Obama's economy makes me wonder if anyone was paying attention to the last 8 years. My portfolio went down about 30%, but I didn't panic and basically stopped looking. I finally checked last month, and I was about $200K. I believe in dollar cost averaging, so I figured I'd be ok. I've been using that strategy since I started earning money. I'll second everything you said. I now know that I should actively manage my 401, daily. Long term, yes, but watching for a president that panics people is more important. A financial planner I saw told me I should invest according to my risk tolerance. Duh. I keep moving my risk from about 6% to 30% and then back again. I'd like to risk more, but am unsure, now, exactly how to do this managing. It was all so much easier until a year ago when we all were hit in the face with the realities of what can happen. Thankfully I took personal finance in college and learned some things. I feel badly for those who didn't attend college or didn't learn from personal finance courses. Those are the guys deeply in debt and can't figure out what to do about it. I actually don't believe in the daily management of investments. I look once, maybe twice a quarter. If see something is out of wack with my long-term plan, then I adjust accordingly. Otherwise, I'm loath to do anything or make a change. This was according to the common advice of the day. After the losses, it was pointed out that we should all take an active interest in our investments. It was our fault we didn't act to protect our 401s. I lost $80,000 in a couple of days that I could have saved if I were more on top of it. I did save another $50,000 by putting my savings plan on stable value. I've made some of it back. Would be in a better place if I had acted sooner. That's the lesson, don't put it on automatic and wait some artificial time period. The biggest loser in my portfolio is my real estate mutual fund. But, there's no reason to panic about it. It'll come back eventually. Real estate is nothing more than a Ponzi Scheme. When everyone was refinancing weekly and buying property they couldn't possibly afford I should have known. It really depends on how long you have. If you're in the later part of your working career, then you should slowly but deliberately be moving toward a lower-risk mix of stocks, bonds, and real property. In my case, I have (I'm hopeful) 20+ years before I'm in the later part. I have a pretty volitile mix, but I can stand it if I don't look too much. lol I have a friend who has her stuff "managed" by Fidelity's program. She's doing fine, but giving up a few percent so she doesn't have to do anything. I'd rather do it myself (you can follow their advice without having to pay for it with just a tiny bit of research) and save the percent. I decided to give my financial planner a miss. I know I have to manage my money myself. Oh... I see what you're saying. -- Nom=de=Plume |
Obama fails to get Nobel Prize in Economics
"nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. |
Obama fails to get Nobel Prize in Economics
"wf3h" wrote in message ... On Oct 12, 7:31 pm, "CalifBill" wrote: "wf3h" wrote in message bankrupt AIG could give million in bonus bucks. Enough that Bankrupt GoldmanSaks could give out 6.5 billion bucks. Yup, Obama is taking care of the idiots oops make that non rich people. idiots like george bush reply: Go back to school and pay attention this time in Econ 101. ROFLMAO!! graduate work in economics at the rauch school... sorry, dude. your answer is no answer at all...typical for the right wing Are you sure it was not the Runch School. If you had paid attention or understood the material, you would not be broke. You economic activity says very little for your economic education or the school you supposedly attended. |
Obama fails to get Nobel Prize in Economics
"wf3h" wrote in message ... On Oct 12, 7:31 pm, "CalifBill" wrote: "wf3h" wrote in message bankrupt AIG could give million in bonus bucks. Enough that Bankrupt GoldmanSaks could give out 6.5 billion bucks. Yup, Obama is taking care of the idiots oops make that non rich people. idiots like george bush reply: Go back to school and pay attention this time in Econ 101. ROFLMAO!! graduate work in economics at the rauch school... sorry, dude. your answer is no answer at all...typical for the right wing Reply: Where is the rauch school? James Rauch is an economic prof at UCSD, but is not his school. It rauch equivalent to Wharton? |
Obama fails to get Nobel Prize in Economics
On Oct 13, 2:22*am, "CalifBill" wrote:
"wf3h" wrote in message ... On Oct 12, 7:31 pm, "CalifBill" wrote: "wf3h" wrote in message bankrupt AIG could give million in bonus bucks. Enough that Bankrupt GoldmanSaks could give out 6.5 billion bucks. Yup, Obama is taking care of the idiots oops make that non rich people. idiots like george bush reply: Go back to school and pay attention this time in Econ 101. ROFLMAO!! graduate work in economics at the rauch school... sorry, dude. your answer is no answer at all...typical for the right wing Are you sure it was not the Runch School. *If you had paid attention or understood the material, you would not be broke. *You economic activity says very little for your economic education or the school you supposedly attended. ROFLMAO!!! hey idiot. me and a hundred million other hard working americans are in the same boat...as is harvard's endowment. i realize that 'faux news' tells you everything is fine 'cuz the bush family is still rich, but to middle class america, ain't alot of fun out here. now go home and get your shinebox |
Obama fails to get Nobel Prize in Economics
On Oct 13, 2:26*am, "CalifBill" wrote:
"wf3h" wrote in message ... On Oct 12, 7:31 pm, "CalifBill" wrote: "wf3h" wrote in message bankrupt AIG could give million in bonus bucks. Enough that Bankrupt GoldmanSaks could give out 6.5 billion bucks. Yup, Obama is taking care of the idiots oops make that non rich people. idiots like george bush reply: Go back to school and pay attention this time in Econ 101. ROFLMAO!! graduate work in economics at the rauch school... sorry, dude. your answer is no answer at all...typical for the right wing Reply: Where is the rauch school? *James Rauch is an economic prof at UCSD, but is not his school. *It rauch equivalent to Wharton? lehigh university. http://www3.lehigh.edu/business/default.asp |
Obama fails to get Nobel Prize in Economics
"CalifBill" wrote in message
... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. Come on... it's kind of looney to blame everything on one relatively small organization. If you want to pick something to blame, pick Fox. They're just a noisemaker for the right-wing, but lots of people just listen to them. -- Nom=de=Plume |
Obama fails to get Nobel Prize in Economics
"nom=de=plume" wrote in message ... "CalifBill" wrote in message ... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. Come on... it's kind of looney to blame everything on one relatively small organization. If you want to pick something to blame, pick Fox. They're just a noisemaker for the right-wing, but lots of people just listen to them. -- Nom=de=Plume Not just Acorn, but the pandering to it to get out the vote for the one in power. Changing the rules on loans, so those in power at the time, could buy votes. The melt down was the fact that the loans were made to those who could not afford them. Then they were sold by Wall Street, the same people who got the bail out "stimulus", as AAA bonds. Those who packaged them and rated them should be in jail. but nope, Paulson and his buddies are sharing billions of bail out bucks as bonus money. But ACORN was the major reason for the loan changing. FreddieMac/FannieMae buying all loans. |
Obama fails to get Nobel Prize in Economics
"CalifBill" wrote in message
m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message ... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. Come on... it's kind of looney to blame everything on one relatively small organization. If you want to pick something to blame, pick Fox. They're just a noisemaker for the right-wing, but lots of people just listen to them. -- Nom=de=Plume Not just Acorn, but the pandering to it to get out the vote for the one in power. Changing the rules on loans, so those in power at the time, could buy votes. The melt down was the fact that the loans were made to those who could not afford them. Then they were sold by Wall Street, the same people who got the bail out "stimulus", as AAA bonds. Those who packaged them and rated them should be in jail. but nope, Paulson and his buddies are sharing billions of bail out bucks as bonus money. But ACORN was the major reason for the loan changing. FreddieMac/FannieMae buying all loans. In your opinion... people tend to leave that part out when they can't actually show established facts. -- Nom=de=Plume |
Obama fails to get Nobel Prize in Economics
"nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message ... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. Come on... it's kind of looney to blame everything on one relatively small organization. If you want to pick something to blame, pick Fox. They're just a noisemaker for the right-wing, but lots of people just listen to them. -- Nom=de=Plume Not just Acorn, but the pandering to it to get out the vote for the one in power. Changing the rules on loans, so those in power at the time, could buy votes. The melt down was the fact that the loans were made to those who could not afford them. Then they were sold by Wall Street, the same people who got the bail out "stimulus", as AAA bonds. Those who packaged them and rated them should be in jail. but nope, Paulson and his buddies are sharing billions of bail out bucks as bonus money. But ACORN was the major reason for the loan changing. FreddieMac/FannieMae buying all loans. In your opinion... people tend to leave that part out when they can't actually show established facts. -- Nom=de=Plume Not just my opinion. |
Obama fails to get Nobel Prize in Economics
"CalifBill" wrote in message
m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message ... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. Come on... it's kind of looney to blame everything on one relatively small organization. If you want to pick something to blame, pick Fox. They're just a noisemaker for the right-wing, but lots of people just listen to them. -- Nom=de=Plume Not just Acorn, but the pandering to it to get out the vote for the one in power. Changing the rules on loans, so those in power at the time, could buy votes. The melt down was the fact that the loans were made to those who could not afford them. Then they were sold by Wall Street, the same people who got the bail out "stimulus", as AAA bonds. Those who packaged them and rated them should be in jail. but nope, Paulson and his buddies are sharing billions of bail out bucks as bonus money. But ACORN was the major reason for the loan changing. FreddieMac/FannieMae buying all loans. In your opinion... people tend to leave that part out when they can't actually show established facts. -- Nom=de=Plume Not just my opinion. No doubt, but that doesn't make the long rant fact-based either. -- Nom=de=Plume |
Obama fails to get Nobel Prize in Economics
On Wed, 14 Oct 2009 01:05:59 -0700, "nom=de=plume"
wrote: "CalifBill" wrote in message om... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message ... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. Come on... it's kind of looney to blame everything on one relatively small organization. If you want to pick something to blame, pick Fox. They're just a noisemaker for the right-wing, but lots of people just listen to them. -- Nom=de=Plume Not just Acorn, but the pandering to it to get out the vote for the one in power. Changing the rules on loans, so those in power at the time, could buy votes. The melt down was the fact that the loans were made to those who could not afford them. Then they were sold by Wall Street, the same people who got the bail out "stimulus", as AAA bonds. Those who packaged them and rated them should be in jail. but nope, Paulson and his buddies are sharing billions of bail out bucks as bonus money. But ACORN was the major reason for the loan changing. FreddieMac/FannieMae buying all loans. In your opinion... people tend to leave that part out when they can't actually show established facts. -- Nom=de=Plume Not just my opinion. No doubt, but that doesn't make the long rant fact-based either. They were facts. You should face them. |
Obama fails to get Nobel Prize in Economics
"KotP-A" wrote in message
... On Wed, 14 Oct 2009 01:05:59 -0700, "nom=de=plume" wrote: "CalifBill" wrote in message news:dtadnUwiLtya7kjXnZ2dnUVZ_rOdnZ2d@earthlink. com... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message ... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. Come on... it's kind of looney to blame everything on one relatively small organization. If you want to pick something to blame, pick Fox. They're just a noisemaker for the right-wing, but lots of people just listen to them. -- Nom=de=Plume Not just Acorn, but the pandering to it to get out the vote for the one in power. Changing the rules on loans, so those in power at the time, could buy votes. The melt down was the fact that the loans were made to those who could not afford them. Then they were sold by Wall Street, the same people who got the bail out "stimulus", as AAA bonds. Those who packaged them and rated them should be in jail. but nope, Paulson and his buddies are sharing billions of bail out bucks as bonus money. But ACORN was the major reason for the loan changing. FreddieMac/FannieMae buying all loans. In your opinion... people tend to leave that part out when they can't actually show established facts. -- Nom=de=Plume Not just my opinion. No doubt, but that doesn't make the long rant fact-based either. They were facts. You should face them. Please provide the references to each of you "points." Then, I'll face what exists in the real world. -- Nom=de=Plume |
Obama fails to get Nobel Prize in Economics
On Wed, 14 Oct 2009 13:38:52 -0700, "nom=de=plume"
wrote: "KotP-A" wrote in message .. . On Wed, 14 Oct 2009 01:05:59 -0700, "nom=de=plume" wrote: "CalifBill" wrote in message news:dtadnUwiLtya7kjXnZ2dnUVZ_rOdnZ2d@earthlink .com... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message ... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. Come on... it's kind of looney to blame everything on one relatively small organization. If you want to pick something to blame, pick Fox. They're just a noisemaker for the right-wing, but lots of people just listen to them. -- Nom=de=Plume Not just Acorn, but the pandering to it to get out the vote for the one in power. Changing the rules on loans, so those in power at the time, could buy votes. The melt down was the fact that the loans were made to those who could not afford them. Then they were sold by Wall Street, the same people who got the bail out "stimulus", as AAA bonds. Those who packaged them and rated them should be in jail. but nope, Paulson and his buddies are sharing billions of bail out bucks as bonus money. But ACORN was the major reason for the loan changing. FreddieMac/FannieMae buying all loans. In your opinion... people tend to leave that part out when they can't actually show established facts. -- Nom=de=Plume Not just my opinion. No doubt, but that doesn't make the long rant fact-based either. They were facts. You should face them. Please provide the references to each of you "points." Then, I'll face what exists in the real world. Last time I provided you references you squabbled. Look 'em up yourself. |
Obama fails to get Nobel Prize in Economics
"KotP-A" wrote in message
... On Wed, 14 Oct 2009 13:38:52 -0700, "nom=de=plume" wrote: "KotP-A" wrote in message . .. On Wed, 14 Oct 2009 01:05:59 -0700, "nom=de=plume" wrote: "CalifBill" wrote in message news:dtadnUwiLtya7kjXnZ2dnUVZ_rOdnZ2d@earthlin k.com... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message ... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. Come on... it's kind of looney to blame everything on one relatively small organization. If you want to pick something to blame, pick Fox. They're just a noisemaker for the right-wing, but lots of people just listen to them. -- Nom=de=Plume Not just Acorn, but the pandering to it to get out the vote for the one in power. Changing the rules on loans, so those in power at the time, could buy votes. The melt down was the fact that the loans were made to those who could not afford them. Then they were sold by Wall Street, the same people who got the bail out "stimulus", as AAA bonds. Those who packaged them and rated them should be in jail. but nope, Paulson and his buddies are sharing billions of bail out bucks as bonus money. But ACORN was the major reason for the loan changing. FreddieMac/FannieMae buying all loans. In your opinion... people tend to leave that part out when they can't actually show established facts. -- Nom=de=Plume Not just my opinion. No doubt, but that doesn't make the long rant fact-based either. They were facts. You should face them. Please provide the references to each of you "points." Then, I'll face what exists in the real world. Last time I provided you references you squabbled. Look 'em up yourself. Right. Did that. Nothing found except right-wing rants. You seem very concerned by ACORN, but have little or no concern about the right-wing voting to force companies like Haliburton (who are taking lots and lots of tax-payer money) to stop forcing employees to sign away their right to sue (e.g., if they've been gang raped). Here are some facts. I'd like to hear how you can justify this, which is clearly a huge and disgusting issue: Franken's amendment ended up passing, 68-30. Here's a list of the Senators who showed broad support for Roman Polanski by voting against it: Alexander (R-TN) Barrasso (R-WY) Bond (R-MO) Brownback (R-KS) Bunning (R-KY) Burr (R-NC) Chambliss (R-GA) Coburn (R-OK) Cochran (R-MS) Corker (R-TN) Cornyn (R-TX) Crapo (R-ID) DeMint (R-SC) Ensign (R-NV) Enzi (R-WY) Graham (R-SC) Gregg (R-NH) Inhofe (R-OK) Isakson (R-GA) Johanns (R-NE) Kyl (R-AZ) McCain (R-AZ) McConnell (R-KY) Risch (R-ID) Roberts (R-KS) Sessions (R-AL) Shelby (R-AL) Thune (R-SD) Vitter (R-LA) Wicker (R-MS) ADDENDUM: It's been pointed out to me that the U.S. Chamber of Commerce lobbied against the Franken amendment as well: Republicans point out that the amendment was opposed by a host of business interests, including the U.S. Chamber of Commerce, and applies to a wide range of companies, including IBM and Boeing. Read more at: http://www.huffingtonpost.com/2009/1..._n_312976.html Maybe you should pass this along to your daughters. It might show that you at least have the potential to learn something new. -- Nom=de=Plume |
Obama fails to get Nobel Prize in Economics
On Thu, 15 Oct 2009 09:32:23 -0700, "nom=de=plume"
wrote: "KotP-A" wrote in message .. . On Wed, 14 Oct 2009 13:38:52 -0700, "nom=de=plume" wrote: "KotP-A" wrote in message ... On Wed, 14 Oct 2009 01:05:59 -0700, "nom=de=plume" wrote: "CalifBill" wrote in message news:dtadnUwiLtya7kjXnZ2dnUVZ_rOdnZ2d@earthli nk.com... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "nom=de=plume" wrote in message ... "CalifBill" wrote in message ... "nom=de=plume" wrote in message ... "CalifBill" wrote in message m... "wf3h" wrote in message ... On Oct 12, 12:23 pm, John H wrote: On Mon, 12 Oct 2009 11:40:01 -0400, Jim wrote: wf3h wrote: On Oct 12, 10:55 am, Canuck57 wrote: His achievement was $1.3 trillion debt-corruption-spend in only 8 months. Guinness Book of records material perhaps?- what's really a record is how quickly george bush and his rich free market friends stole my 401K So sorry for your loss. Too bad you don't have at least some control of your 401. You might look at fixing that instead of blaming the boogyman. He has blamed everyone *but* the person responsible for his terrible loss - himself. really? i caused the collapse of the economy? well let's tally up shall we? the right wing believes i personally am responsible for the collapse of the economy it also believes obama's been president for the last 8 years and on that basis it thinks it has everything figured out.. no wonder they got their asses handed to them in the last election It started under Clinton. Bush did not help the situation. But Clinton wanting to make sure of his reelection partnered up with ACORN and gave the OK for lots of loans that were not able to be repaid. Paulson and Wall Street jumped on these loans and turned them in to bonds, gave them a AAA rating and sold them to the 401K's, etc. The next foreclosure wave is starting. The $500k homes. people making $50k a year can not afford the loan on a home 10x their income. Clinton's appointee Raines, should have had to return all the stolen money, times maybe 2x and gone to jail. but the Justice dept under the Executive branch cuts a deal with him for the return of $5 million and lets him keep the $95 million. You should really drop the ACORN nut. It's stale and has no nutritional value. It's an empty shell of an argument. Ok, enough puns for the day... -- Nom=de=Plume Can not drop the nut. Is a critical part of the disaster. Come on... it's kind of looney to blame everything on one relatively small organization. If you want to pick something to blame, pick Fox. They're just a noisemaker for the right-wing, but lots of people just listen to them. -- Nom=de=Plume Not just Acorn, but the pandering to it to get out the vote for the one in power. Changing the rules on loans, so those in power at the time, could buy votes. The melt down was the fact that the loans were made to those who could not afford them. Then they were sold by Wall Street, the same people who got the bail out "stimulus", as AAA bonds. Those who packaged them and rated them should be in jail. but nope, Paulson and his buddies are sharing billions of bail out bucks as bonus money. But ACORN was the major reason for the loan changing. FreddieMac/FannieMae buying all loans. In your opinion... people tend to leave that part out when they can't actually show established facts. -- Nom=de=Plume Not just my opinion. No doubt, but that doesn't make the long rant fact-based either. They were facts. You should face them. Please provide the references to each of you "points." Then, I'll face what exists in the real world. Last time I provided you references you squabbled. Look 'em up yourself. Right. Did that. I'll bet. Nothing found except right-wing rants. You seem very concerned by ACORN, I've said nothing about ACORN. but have little or no concern about the right-wing voting to force companies like Haliburton (who are taking lots and lots of tax-payer money) to stop forcing employees to sign away their right to sue (e.g., if they've been gang raped). I've not been asked about the vote. Here are some facts. I'd like to hear how you can justify this, which is clearly a huge and disgusting issue: I think that the bowing to the money guys is just as bad whether done by Republicans or Democrats. Franken's amendment ended up passing, 68-30. Here's a list of the Senators who showed broad support for Roman Polanski by voting against it: Alexander (R-TN) Barrasso (R-WY) Bond (R-MO) Brownback (R-KS) Bunning (R-KY) Burr (R-NC) Chambliss (R-GA) Coburn (R-OK) Cochran (R-MS) Corker (R-TN) Cornyn (R-TX) Crapo (R-ID) DeMint (R-SC) Ensign (R-NV) Enzi (R-WY) Graham (R-SC) Gregg (R-NH) Inhofe (R-OK) Isakson (R-GA) Johanns (R-NE) Kyl (R-AZ) McCain (R-AZ) McConnell (R-KY) Risch (R-ID) Roberts (R-KS) Sessions (R-AL) Shelby (R-AL) Thune (R-SD) Vitter (R-LA) Wicker (R-MS) ADDENDUM: It's been pointed out to me that the U.S. Chamber of Commerce lobbied against the Franken amendment as well: Republicans point out that the amendment was opposed by a host of business interests, including the U.S. Chamber of Commerce, and applies to a wide range of companies, including IBM and Boeing. Read more at: http://www.huffingtonpost.com/2009/1..._n_312976.html Maybe you should pass this along to your daughters. It might show that you at least have the potential to learn something new. Please point out to me where I said I disagreed with the amendment. |
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