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  #1  
Old 03-03-2009, 09:15 PM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by ateamstupid
Clearly that's what I said. I'm just getting a huge kick out of this thread. Watching the Republicans be the Chicken Littles six weeks into a Democratic presidency when eight years of a disastrous Republican administration caused them no concern is freaking delicious.

I'm reserving my opinion on how well Obama is doing on the economy considering the stimulus just passed last week. I think his closing of Guantanamo and denunciation of torture is a major step in the right direction, and the fact that the unnecessary $2 trillion war that your guy started will end is pretty cool, though I'm not happy with his planned "surge" in Afghanistan. I certainly don't think it's unreasonable or radical to not yet make extreme declarations about his Presidency one way or another.
Joey you may not like the response but you are really not seeing what is going on in the world right now. You are in college and dont have a family to support or mortage to pay or business to run. You arent seeing your hard earned retirement money being burned at the stake daily. You dont understand that business is terrified by the economic decisions made by the Obama administration. you dont seem to get that the reason that Wall Street has tanked worse since Obama took over is Obama. The market is speaking on the economy daily. You are in the wonderful world of academia where theories abound and everything is insulated especially since Obama is sending more money. The real world isnt that concerned with torture or Guantamano right now. I would be willing to bet that many who were appalled at torture would sign up to wear the black hood since they got laid off and cant find work. The war ISNT ending anytime soon regardless of what Obama or his people have said. Obama is still campaigning to keep up his approval ratings. He will soon find out that he will be judged by his actions just like Bush was. Remember that at one time Bush had an 80% approval rating. Obama cant campaign forever. The Pelosification of the country will eventually lead to his downfall. He got 53% of the vote last time. There arent many people that will believe his centerist fiction in three years if he is as bad for the next three years as he has been for the first 2 months. Of course you can continue to worry about torture. Maybe since there will be no jobs when you graduate you can write press releases for Amnesty International or become a professional protester against Free trade?
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  #2  
Old 03-03-2009, 09:50 PM
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ateamstupid ateamstupid is offline
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Originally Posted by Cannon Shell
You are in the wonderful world of academia where theories abound and everything is insulated especially since Obama is sending more money.
Insulated my ass. I work too, and I've got over $15,000 in student loans racked up with still a year and change to go. So to suggest that I'm not affected by this is stupid. Obviously it's not nearly as dire for me as it is for many, but I'm not on easy street either Chuck.
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  #3  
Old 03-03-2009, 10:36 PM
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Quote:
Originally Posted by ateamstupid
Insulated my ass. I work too, and I've got over $15,000 in student loans racked up with still a year and change to go. So to suggest that I'm not affected by this is stupid. Obviously it's not nearly as dire for me as it is for many, but I'm not on easy street either Chuck.
Hey its nice to know that you have some skin in the game too. Take your pay check and give half of it to random people on the street. Then you know how the people who are "rich" and play by the rules by paying their debts feel. Then take what is left and put half of that on every horse John Candlin runs and you will know how it feels to see your 401k dwindle because douchenozzles (sorry coach) like Chris Dodd have to run their traps about nationalizing banks. Everytime you pay down that student loan think about the people who default that cause your interest rates to be higher and think about how you will feel when the govt comes and forgives their debt while you still have to pay.
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  #4  
Old 03-03-2009, 10:45 PM
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hoovesupsideyourhead hoovesupsideyourhead is offline
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Quote:
Originally Posted by Cannon Shell
Hey its nice to know that you have some skin in the game too. Take your pay check and give half of it to random people on the street. Then you know how the people who are "rich" and play by the rules by paying their debts feel. Then take what is left and put half of that on every horse John Candlin runs and you will know how it feels to see your 401k dwindle because douchenozzles (sorry coach) like Chris Dodd have to run their traps about nationalizing banks. Everytime you pay down that student loan think about the people who default that cause your interest rates to be higher and think about how you will feel when the govt comes and forgives their debt while you still have to pay.
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  #5  
Old 03-03-2009, 10:58 PM
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hoovesupsideyourhead hoovesupsideyourhead is offline
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its easy to be the bush sucks kids that hang on every word of the rank and file democratic time for change agenda..you now have gotten your leader.. i agree that bush was given bad advice and wasnt maybee as bright as obama or as good of a speaker. but..the people that were giving him advice on economic and other matters were on point.and they are now gone.the morons that now control u.s policy on economics and other matters are phucking you your 401 k your future and just maybee your kids future..this rash of spending will kill the average worker and stimulate nothing.. sence when does u.s.a barrow money from china/saudi.. in his haste to make joe un-employed a stand up guy obama and his advisors will have killed the entire system that has stood for 150 years.... dow below 4k soon..count on it..

ive taken my 401 out on the 21st of jan..after the taxes for taking it out early

im up 32 perc..after the plunge..

the only gov that gets it is from la and thats pretty sad..
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  #6  
Old 03-03-2009, 11:38 PM
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Brian wanted the GOP to come up with a good idea. Here is one that got 2 whole Democrats to support it. Obama comes up with yet another broken campaign promise, with a caveat of course.


http://news.yahoo.com/s/ap/20090304/...VuYXRlaWdub3Jl
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  #7  
Old 03-03-2009, 11:58 PM
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http://online.wsj.com/article/SB123604419092515347.html


The market has notably plunged since Mr. Obama introduced his budget last week, and that should be no surprise. The document was a declaration of hostility toward capitalists across the economy. Health-care stocks have dived on fears of new government mandates and price controls. Private lenders to students have been told they're no longer wanted. Anyone who uses carbon energy has been warned to expect a huge tax increase from cap and trade. And every risk-taker and investor now knows that another tax increase will slam the economy in 2011, unless Mr. Obama lets Speaker Nancy Pelosi impose one even earlier.

Meanwhile, Congress demands more bank lending even as it assails lenders and threatens to let judges rewrite mortgage contracts. The powers in Congress -- unrebuked by Mr. Obama -- are ridiculing and punishing the very capitalists who are essential to a sustainable recovery. The result has been a capital strike, and the return of the fear from last year that we could face a far deeper downturn. This is no way to nurture a wounded economy back to health.

Listening to Mr. Obama and his chief of staff, Rahm Emanuel, on the weekend, we couldn't help but wonder if they appreciate any of this. They seem preoccupied with going to the barricades against Republicans who wield little power, or picking a fight with Rush Limbaugh, as if this is the kind of economic leadership Americans want.

Perhaps they're reading the polls and figure they have two or three years before voters stop blaming Republicans and Mr. Bush for the economy. Even if that's right in the long run, in the meantime their assault on business and investors is delaying a recovery
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  #8  
Old 03-03-2009, 11:49 PM
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otisotisotis otisotisotis is offline
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Quote:
Originally Posted by hoovesupsideyourhead
its easy to be the bush sucks kids that hang on every word of the rank and file democratic time for change agenda..you now have gotten your leader.. i agree that bush was given bad advice and wasnt maybee as bright as obama or as good of a speaker. but..the people that were giving him advice on economic and other matters were on point.and they are now gone.the morons that now control u.s policy on economics and other matters are phucking you your 401 k your future and just maybee your kids future..this rash of spending will kill the average worker and stimulate nothing.. sence when does u.s.a barrow money from china/saudi.. in his haste to make joe un-employed a stand up guy obama and his advisors will have killed the entire system that has stood for 150 years.... dow below 4k soon..count on it..

ive taken my 401 out on the 21st of jan..after the taxes for taking it out early

im up 32 perc..after the plunge..

the only gov that gets it is from la and thats pretty sad..
that's hilarious....history dictates that this is the perfect time to be buying into the market...the 'rich folks' are getting stocks at less than wholesale while you-the chicken little types- take your money and run from the very system you kneel to, because wasn't it a republican regime that began pushing the 401k system on working class people?
corporate America has been so fat & greedy for so long (i.e. jobs overseas, flat lined wage increases for employees, etc.) they have forgotton on whose backs they have ridden.
Like all tough times, the lean, intelligent, & innovative will survive and be stronger for the lesson.
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  #9  
Old 03-04-2009, 12:04 AM
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Cannon Shell Cannon Shell is offline
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Quote:
Originally Posted by otisotisotis
that's hilarious....history dictates that this is the perfect time to be buying into the market...the 'rich folks' are getting stocks at less than wholesale while you-the chicken little types- take your money and run from the very system you kneel to, because wasn't it a republican regime that began pushing the 401k system on working class people?
corporate America has been so fat & greedy for so long (i.e. jobs overseas, flat lined wage increases for employees, etc.) they have forgotton on whose backs they have ridden.
Like all tough times, the lean, intelligent, & innovative will survive and be stronger for the lesson.
Yeah they are making a killing buying stocks lately. Dow down 2000 points since Jan 2nd. Keep buying right?

Corporate America is what brought prosperity to this country which deep thinkers like you seem to have forgotten. And for those like you who choose to depend on Social security for your retirement, good luck to you. A 401k account is hardly for the rich.
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  #10  
Old 03-03-2009, 10:48 PM
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Quote:
Originally Posted by Cannon Shell
Hey its nice to know that you have some skin in the game too. Take your pay check and give half of it to random people on the street. Then you know how the people who are "rich" and play by the rules by paying their debts feel. Then take what is left and put half of that on every horse John Candlin runs and you will know how it feels to see your 401k dwindle because douchenozzles (sorry coach) like Chris Dodd have to run their traps about nationalizing banks. Everytime you pay down that student loan think about the people who default that cause your interest rates to be higher and think about how you will feel when the govt comes and forgives their debt while you still have to pay.
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  #11  
Old 03-03-2009, 10:50 PM
ArlJim78 ArlJim78 is offline
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Quote:
Originally Posted by Cannon Shell
The real world isnt that concerned with torture or Guantamano right now. I would be willing to bet that many who were appalled at torture would sign up to wear the black hood since they got laid off and cant find work.
if things keep going the way they are, I might be willing to check out that black hood job.
seriously though, my industry seems to be evaporating and blowing away at an alarming rate. the same thing is happening in South America and Europe.
so far at least, the much heralded change in torture policy is having limited impact on our order activity.
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