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Canuck57[_9_] October 12th 09 09:28 PM

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.

CalifBill October 12th 09 09:49 PM

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.



John H[_9_] October 12th 09 10:01 PM

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.

nom=de=plume October 12th 09 10:08 PM

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



nom=de=plume October 12th 09 10:09 PM

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



Jim October 12th 09 10:12 PM

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.

nom=de=plume October 12th 09 10:12 PM

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



Vic Smith October 12th 09 10:32 PM

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

Jim October 12th 09 10:41 PM

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.

Jim October 12th 09 10:52 PM

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.

Jim October 12th 09 11:06 PM

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.

CalifBill October 13th 09 12:31 AM

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.



wf3h October 13th 09 01:44 AM

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

wf3h October 13th 09 01:45 AM

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

Canuck57[_9_] October 13th 09 01:46 AM

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.

nom=de=plume October 13th 09 02:02 AM

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



CalifBill October 13th 09 07:20 AM

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.



CalifBill October 13th 09 07:22 AM

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.



CalifBill October 13th 09 07:26 AM

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?



wf3h October 13th 09 12:34 PM

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


wf3h October 13th 09 12:35 PM

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

nom=de=plume October 13th 09 06:33 PM

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



CalifBill October 14th 09 05:25 AM

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.



nom=de=plume October 14th 09 06:41 AM

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



CalifBill October 14th 09 07:48 AM

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.



nom=de=plume October 14th 09 09:05 AM

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



KotP-A October 14th 09 07:44 PM

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.

nom=de=plume October 14th 09 09:38 PM

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



KotP-A October 15th 09 01:12 PM

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.

nom=de=plume October 15th 09 05:32 PM

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



John H.[_9_] October 15th 09 06:18 PM

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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