From Market Watch:

http://www.marke****ch.com/story/oba...ics-2009-10-12

LONDON (Marke****ch) -- In a decision as shocking as Friday's surprise peace
prize win, President Obama failed to win the Nobel Memorial Prize in
Economic Sciences Monday.

While few observers think Obama has done anything for world peace in the
nearly nine months he's been in office, the same clearly can't be said for
economics.

The president has worked tirelessly since even before his inauguration to
wrest control of the U.S. economy from failed free markets, and the evil
CEOs who profit from them, and to turn it over to wise, fair and benevolent
bureaucrats.

From his $787 billion stimulus package, to the cap-and-trade bill, to the
seizures of General Motors and Chrysler, to the undead health-care "reform"
act, Obama has dominated the U.S., and therefore the global, economy as few
figures have in recent years.
Yet the Nobel panel chose instead to award the prize to two obscure
academics -- Elinor Ostrom and Oliver Williamson -- one noted for her work
on managing collective resources, and the other for his work on transaction
costs. See full story on the Nobel winners.

Other surprise losers include celebrity noneconomist and filmmaker Michael
Moore; U.S. Treasury Secretary Timothy Geithner; and Larry Summers, head of
the U.S. national economic council.

It is unclear whether the president will now refuse his peace prize in
protest against the obvious slight to his real achievements this year.

-- Tom Bemis, assistant managing editor

Lu Powell wrote:
From Market Watch:

http://www.marke****ch.com/story/oba...ics-2009-10-12


LONDON (Marke****ch) -- In a decision as shocking as Friday's surprise
peace prize win, President Obama failed to win the Nobel Memorial Prize
in Economic Sciences Monday.

While few observers think Obama has done anything for world peace in the
nearly nine months he's been in office, the same clearly can't be said
for economics.

The president has worked tirelessly since even before his inauguration
to wrest control of the U.S. economy from failed free markets, and the
evil CEOs who profit from them, and to turn it over to wise, fair and
benevolent bureaucrats.

From his $787 billion stimulus package, to the cap-and-trade bill, to
the seizures of General Motors and Chrysler, to the undead health-care
"reform" act, Obama has dominated the U.S., and therefore the global,
economy as few figures have in recent years.
Yet the Nobel panel chose instead to award the prize to two obscure
academics -- Elinor Ostrom and Oliver Williamson -- one noted for her
work on managing collective resources, and the other for his work on
transaction costs. See full story on the Nobel winners.

Other surprise losers include celebrity noneconomist and filmmaker
Michael Moore; U.S. Treasury Secretary Timothy Geithner; and Larry
Summers, head of the U.S. national economic council.

It is unclear whether the president will now refuse his peace prize in
protest against the obvious slight to his real achievements this year.

-- Tom Bemis, assistant managing editor

His achievement was $1.3 trillion debt-corruption-spend in only 8
months. Guinness Book of records material perhaps?

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

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.

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

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.

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

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.

When government said nothing to worry about re-debt markets in 2007 and
again in 2008, this was your/our first red flag.

The second one was interest rates versus deposit yeild rates inverting.
A huge red flag as it has been a reliable indicator of recession for
over 100 years.

You can sit on your arse and bitch about the rich, but there are good
reasons why they have money and you do not. And the reason is simple,
they do their research and humbly and rationally know the markets on how
they really operate. They don't get sucked into BO feel good talk, it
is about rationale and the numbers. Nothing else.

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 should fix it. My funds have recovered nicely.

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.

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