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#1
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posted to rec.boats
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![]() "Jim" wrote in message ... Canuck57 wrote: "Keith nuttle" wrote in message ... Tom Francis - SWSports wrote: On Wed, 5 Nov 2008 18:34:01 -0800 (PST), wrote: So, my retirement fund loses $80,000 due to Dem Chris Dodd of the banking comitttee and Barney Frank and the other dems who refused to take action in 2005 when they were warned their actions were endangering the economy No - you lost $85,000 because you were stupid enough to keep your funds in whatever type of account you had it in. Cash dude - been saying that for years - in fact, since 2004. Haven't lost a thing because I recognized the bubble and kept my powder dry. Another couple of months, I'm ready to get back in. Except the 2% LOST to inflation every year. or about 100/1000 over the four years. With the twit going to be in the White House expect that to double hopefully not the double digit inflation during the Carter years. Good point, as I am at about 2005 valuations, at least I got more than 1% return using Jan 2005 as a base. And in the bank, you might not get your money. The last place to put it is the bank, find a brokerage account where the broker does not do loans, mortgages and the like. Please explain. I think you got it backwards. Lets see, $100,000 in the bank for 5 years @ 2% is a little over $110,000. Inflation was 3% or higher for most of the period. So today, to have the same buying power you need at least $115,000. So, in the bank you lost $5,000 in buying power. Which leads into the "liquidity crisis". What a line of bunk. There is no liquidity crisis, there is a shortage of people who will supply money at below inflation and lose value. That is, a bankrupt bank wants to borrow at a rate lower than inflation and might not pay you back. Hardly a good investment. But I digress. You would be best to buy gold, platinum or silver even. Banks are bad long term places for money. |
#2
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posted to rec.boats
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On Thu, 06 Nov 2008 09:16:57 -0500, wrote:
Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. Getting in your excuses early? Stick with what's on your pedo mind. -- John H *Have a Super Christmas and a Spectacular New Year!* |
#4
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posted to rec.boats
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![]() "Jim" wrote in message ... snip... Unions, regulation, taxes, un-motivated, expensive, work forces, greed and corruption. Killed our industrial complex. Granted, there were republicans and democrats who were involved. Unions?? Only a small fraction of the US workforce is unionized, yet clowns like you still blame them for your situation. Wake up & blame the greedy *******s who run the companies. |
#5
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posted to rec.boats
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Jim wrote:
wrote: On Thu, 06 Nov 2008 15:10:06 GMT, JohnH wrote: On Thu, 06 Nov 2008 09:16:57 -0500, wrote: Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. Getting in your excuses early? Stick with what's on your pedo mind. You snipped a lot of what I wrote because you know its the truth, and your position is unsupportable. Here is my post again in its entirety: When the last Democratic President took office there was what was considered an insurmountable deficit. Wghen he left office, eight years later, he handed over a country that had a surplus, to a Republican President. What';s the current deficit or surplus after 8 years of Republicans? Don't worry, the Democrats will fix your massive screw ups AGAIN. Just bear in muind that they cant fix yuoru 8 years of hard work in the wrong direction, overnight. We may need to maintain Democratic control for the next 30 years or so to make sure you don't go stupid on us again. Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. We might be in a much better position in so many areas that they can't even get to. We'd probably still be the world leader in manufacturing, and be admired and respected around the world. Toyota would being trying to emulate Chrysler, and Michigan would be swamped with work and not enough workers to fill all the positions. Your thoughts mimic Krause's. Are you related? Unions, regulation, taxes, un-motivated, expensive, work forces, greed and corruption. Killed our industrial complex. Granted, there were republicans and democrats who were involved. What is sad that the first black president is going to be remember in history as the president who created the depression of 2008. With his advisers polosi, dodd, frank, and reid it is inevitable. All of Roosevelt's social welfare programs could not pull the country out of that depression. The Reagan/Bush tax cuts created more jobs than all of the social democrats welfare programs create since 1929. |
#6
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posted to rec.boats
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![]() "Jim" wrote in message ... wrote: On Thu, 06 Nov 2008 15:10:06 GMT, JohnH wrote: On Thu, 06 Nov 2008 09:16:57 -0500, wrote: Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. Getting in your excuses early? Stick with what's on your pedo mind. You snipped a lot of what I wrote because you know its the truth, and your position is unsupportable. Here is my post again in its entirety: When the last Democratic President took office there was what was considered an insurmountable deficit. Wghen he left office, eight years later, he handed over a country that had a surplus, to a Republican President. What';s the current deficit or surplus after 8 years of Republicans? Don't worry, the Democrats will fix your massive screw ups AGAIN. Just bear in muind that they cant fix yuoru 8 years of hard work in the wrong direction, overnight. We may need to maintain Democratic control for the next 30 years or so to make sure you don't go stupid on us again. Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. We might be in a much better position in so many areas that they can't even get to. We'd probably still be the world leader in manufacturing, and be admired and respected around the world. Toyota would being trying to emulate Chrysler, and Michigan would be swamped with work and not enough workers to fill all the positions. Your thoughts mimic Krause's. Are you related? Unions, regulation, taxes, un-motivated, expensive, work forces, greed and corruption. Killed our industrial complex. Granted, there were republicans and democrats who were involved. That was exquisitely stated. Guess GM is done for. If everyone in GM worked for nothing, GM could sell what they produce, they would still lose money. Ditto Chrysler. These two turkeys days of abusing shareholders and customers is coming to a close. The brands may be resold, but the old GM and old Chrysler be flushing down the toilet. |
#7
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posted to rec.boats
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wrote:
On Thu, 06 Nov 2008 10:35:34 -0500, Jim wrote: wrote: On Thu, 06 Nov 2008 15:10:06 GMT, JohnH wrote: On Thu, 06 Nov 2008 09:16:57 -0500, wrote: Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. Getting in your excuses early? Stick with what's on your pedo mind. You snipped a lot of what I wrote because you know its the truth, and your position is unsupportable. Here is my post again in its entirety: When the last Democratic President took office there was what was considered an insurmountable deficit. Wghen he left office, eight years later, he handed over a country that had a surplus, to a Republican President. What';s the current deficit or surplus after 8 years of Republicans? Don't worry, the Democrats will fix your massive screw ups AGAIN. Just bear in muind that they cant fix yuoru 8 years of hard work in the wrong direction, overnight. We may need to maintain Democratic control for the next 30 years or so to make sure you don't go stupid on us again. Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. We might be in a much better position in so many areas that they can't even get to. We'd probably still be the world leader in manufacturing, and be admired and respected around the world. Toyota would being trying to emulate Chrysler, and Michigan would be swamped with work and not enough workers to fill all the positions. Your thoughts mimic Krause's. Are you related? Now there's a strong rebuttal! Unions, regulation, taxes, un-motivated, expensive, work forces, greed and corruption. Killed our industrial complex. Granted, there were republicans and democrats who were involved. So, you can't directly address what I said, either, without admitting that it's true. Got it! Why bother. You are just regurgitating crap that Harry has been drooling. It's not democrat vs republican that's the problem. It's liberal vs conservative that can't settle on a happy medium. Everyone wants to satisfy their own needs and wants. Nobody gives a **** about "Country". Forget the "got it". It makes you sound like the asshole JimH. |
#8
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posted to rec.boats
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![]() wrote in message ... You snipped a lot of what I wrote because you know its the truth, and your position is unsupportable. Here is my post again in its entirety: When the last Democratic President took office there was what was considered an insurmountable deficit. Wghen he left office, eight years later, he handed over a country that had a surplus, to a Republican President. What';s the current deficit or surplus after 8 years of Republicans? Don't worry, the Democrats will fix your massive screw ups AGAIN. Just bear in muind that they cant fix yuoru 8 years of hard work in the wrong direction, overnight. We may need to maintain Democratic control for the next 30 years or so to make sure you don't go stupid on us again. Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. We might be in a much better position in so many areas that they can't even get to. We'd probably still be the world leader in manufacturing, and be admired and respected around the world. Toyota would being trying to emulate Chrysler, and Michigan would be swamped with work and not enough workers to fill all the positions. I no longer participate in political discussions. If I did, I would probably suggest that most financial experts consider Clinton's "balanced budget" to be nothing more than the result of some v e rrrrr y creative accounting. The deficit actually increased. Spending per the budget *was* getting under better control, but Clinton really can't take the credit, although he still tries to this day. You can actually thank Ronald Regan and a Republican controlled Congress, as hard as that may be for some to accept. http://www.cato.org/pub_display.php?pub_id=6107 But, it doesn't matter because I don't get involved in political discussions. Eisboch |
#9
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posted to rec.boats
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Eisboch wrote:
wrote in message ... You snipped a lot of what I wrote because you know its the truth, and your position is unsupportable. Here is my post again in its entirety: When the last Democratic President took office there was what was considered an insurmountable deficit. Wghen he left office, eight years later, he handed over a country that had a surplus, to a Republican President. What';s the current deficit or surplus after 8 years of Republicans? Don't worry, the Democrats will fix your massive screw ups AGAIN. Just bear in muind that they cant fix yuoru 8 years of hard work in the wrong direction, overnight. We may need to maintain Democratic control for the next 30 years or so to make sure you don't go stupid on us again. Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. We might be in a much better position in so many areas that they can't even get to. We'd probably still be the world leader in manufacturing, and be admired and respected around the world. Toyota would being trying to emulate Chrysler, and Michigan would be swamped with work and not enough workers to fill all the positions. I no longer participate in political discussions. If I did, I would probably suggest that most financial experts consider Clinton's "balanced budget" to be nothing more than the result of some v e rrrrr y creative accounting. The deficit actually increased. Spending per the budget *was* getting under better control, but Clinton really can't take the credit, although he still tries to this day. You can actually thank Ronald Regan and a Republican controlled Congress, as hard as that may be for some to accept. http://www.cato.org/pub_display.php?pub_id=6107 But, it doesn't matter because I don't get involved in political discussions. Eisboch You show such great restraint. ;-) |
#10
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posted to rec.boats
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![]() "Eisboch" wrote in message ... wrote in message ... You snipped a lot of what I wrote because you know its the truth, and your position is unsupportable. Here is my post again in its entirety: When the last Democratic President took office there was what was considered an insurmountable deficit. Wghen he left office, eight years later, he handed over a country that had a surplus, to a Republican President. What';s the current deficit or surplus after 8 years of Republicans? Don't worry, the Democrats will fix your massive screw ups AGAIN. Just bear in muind that they cant fix yuoru 8 years of hard work in the wrong direction, overnight. We may need to maintain Democratic control for the next 30 years or so to make sure you don't go stupid on us again. Just think what a Democratic Administration might accomplish if it didn't have to expend all it's time and energy correcting Republican messes. We might be in a much better position in so many areas that they can't even get to. We'd probably still be the world leader in manufacturing, and be admired and respected around the world. Toyota would being trying to emulate Chrysler, and Michigan would be swamped with work and not enough workers to fill all the positions. I no longer participate in political discussions. If I did, I would probably suggest that most financial experts consider Clinton's "balanced budget" to be nothing more than the result of some v e rrrrr y creative accounting. The deficit actually increased. Spending per the budget *was* getting under better control, but Clinton really can't take the credit, although he still tries to this day. You can actually thank Ronald Regan and a Republican controlled Congress, as hard as that may be for some to accept. http://www.cato.org/pub_display.php?pub_id=6107 But, it doesn't matter because I don't get involved in political discussions. Eisboch Good point. If the government had to account for money like businesses, they would panic. |
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