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Obama fails to get Nobel Prize in Economics
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 |
Obama fails to get Nobel Prize in Economics
On Oct 12, 3:05*pm, Jim wrote:
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? Last time I checked, O'Bama was president. Didn't you know that? ah. so you finally caught up? doesn't do much to call someone a loser if their party's in the whitehouse, does it? Are you taking credit for McCain losing the election? me and the rest of america who got fed up with right wing lies |
Obama fails to get Nobel Prize in Economics
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? Don't mistake real capitalist-conservatives with corrupted types. Big difference. You can be a leftist-socialist and corrupt, in fact that is where the worst of it is. Because the left promises a lot, delivers little but to the coffers of the government. Corruption from any sector, be it business or government robs from us all. 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. I don't bribe politicians, but anticipating the non-causal relationship between the CEO's of GM, Chrysler, Ceberus, Carlyle etc. sure rewarded me, I bough Ford at $2.50 or less and sold out at $6.50 or more. Nice ROI in betting on GMs futures would unfold the way they did. Because I understood the government would bailout GM for it's politicial connections are strong. Which left Ford in a better position. I subscribe to the saying that investing is like chess. A game of strategy, logic and emotions best checked into the toilet. Which included liberal media BS. Of course we have to invest! If you let $100 sit in a bank account then you loose money. Money, cash, it's a deprediating asset. It's value is in liquidity to trade, nothing more. 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 Pat who? I never suggested patting anyone. If it were myself as president back in Feb/Mar in talking with GM's Wagoner, I would say to Wagoner "I think you should declare bankruptcy now as if you go on with this rouse the SEC will pay you an Enron like visit." But I was banking on Wagoner from Harvard having pull and he wanted his $20M retirement. See, if GM went down, Ford would have supply problems. But if GM took the PR hit on bankruptcy, and made solvent, Ford would do well. 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 Only the corrupt ones are. And your politicians are too corrupt themselves to do the right thing. what the hell do you smoke? Nothing. Don't even drink, ok, one beer in the last year. |
Obama fails to get Nobel Prize in Economics
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. |
Obama fails to get Nobel Prize in Economics
thunder wrote:
On Mon, 12 Oct 2009 10:06:43 -0600, Canuck57 wrote: Look at the obvious, as soon as it looked like the Mesiah BO was going to get elected the market tanked. The bubble burst as it knew the economy couldn't take more liberal debt spending yet that is what was a happening. But you are a true liberal, lots of excuses. Do you make this up as you go along? I won't blame Bush for this economy. It is, after all, a free market. The facts are, however, the Dow reached it's all time high, in October, *2007*. By July, 2008, it was off that high by 20%, and heading down, not bottomed, but already tanked. The National Conventions hadn't occurred yet, and, McCain and Obama, were running even in the polls in August. I may be a liberal, but you don't let facts get in the way, do you? Who knows, maybe I am wrong. But none the less, the smell of more liberal democrats scared me to liquifing to about 70%+ cash, something I haven't done since 1991. And since I seem to make/preserve money doing it, be the analysis right or worng I plan on sticking with it. Left me in a very good position. |
Obama fails to get Nobel Prize in Economics
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 |
Obama fails to get Nobel Prize in Economics
On Oct 12, 12:41*pm, Canuck57 wrote:
H the K wrote: At this point, there's little question that "the government" is far more honest and accountable than the "free market" corporations. Hahaha... you really do have your head between your knees. Government could never operate on the same priciples as Sarbanes-Oxley or SEC, in fact can you download a finacial statement and balance sheet for the US government? *Hell no. *They don't know themselves. why not try downloading one say, from bernie madoff? try telling us how honest that one was? ever take an accounting course? |
Obama fails to get Nobel Prize in Economics
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. |
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 Bush set the stage for the bailouts. He stalled and let Obama do the dirty work. To those who listen to the well organized Republican "keep it on track" messages, Obama is the bad guy. Only works if you ignore the last 8 years of irresponsibility. Easy to do if you get your news from the Fox News Corp. |
Obama fails to get Nobel Pri
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'? |
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