Tough Day For Obama

[MaTH716]

Originally Posted by jms62

Matt if they don't do QE3 and the markets ****ing tank big time going into November how do you think that would have helped Obama? Jimmy Rogers feels the same way, Bernanke did it to keep his job. We shall see. I see it as a ****ing boondoggle. Think about the law of unintended consequences, Fed is saying they will keep doing it until the labor market improves. The net affect is that it will inflate the markets and put a floor under it. Greedy bastard CEO's are the ones that will seriously profit from this. Why would they hire?

I don't disagree with you there, my point was about people (middle-class) thinking things are good/getting better just because the market is flying.
I want to believe that people are starting to realize that this enitre thing is a house of cards.

[jms62]

Originally Posted by MaTH716

I don't disagree with you there, my point was about people (middle-class) thinking things are good/getting better just because the market is flying.
I want to believe that people are starting to realize that this enitre thing is a house of cards.

Matt... Honey Boo Boo drew more viewers then the conventions. I rest my case.

[MaTH716]

Originally Posted by jms62

Matt... Honey Boo Boo drew more viewers then the conventions. I rest my case.

Gotta admit, that Honey Boo Boo is pretty charming........................

[Cannon Shell]

Originally Posted by jms62

Matt... Honey Boo Boo drew more viewers then the conventions. I rest my case.

Thinking that viewing the conventions will help people be educated about the economy is a stretch, no?

An educated person generally will see through the rhetoric and view the entire process as a waste of time. The uneducated is going to be led astray in either direction.

Let's face it there is no economic plan that will benefit the country AND get the politicians in charge re-elected.

[Riot]

The transfer of money out of the middle and lower classes to the wealthiest has occurred steadily over the past 50 years. It's exactly the financial policies that the American populace has voted for. And now they have it.

[joeydb]

Originally Posted by Riot

The transfer of money out of the middle and lower classes to the wealthiest has occurred steadily over the past 50 years. It's exactly the financial policies that the American populace has voted for. And now they have it.

What complete bullsh*t

[jms62]

Originally Posted by joeydb

What complete bullsh*t

I missed your explanation must be an issue with my browser not displaying your entire post.

[joeydb]

Originally Posted by jms62

I missed your explanation must be an issue with my browser not displaying your entire post.

The person posting the absurd theory should do the explaination.

Prove that 2 + 2 = 5 as asserted.

How do the rich steal from the poor, when the poor, by definition, don't have enough for the rich to want to steal it?

[Danzig]

[quote=Cannon Shell;890095]Thinking that viewing the conventions will help people be educated about the economy is a stretch, no?

An educated person generally will see through the rhetoric and view the entire process as a waste of time. The uneducated is going to be led astray in either direction.

Let's face it there is no economic plan that will benefit the country AND get the politicians in charge re-elected.[/QUOTE]

[pointman]

Originally Posted by Cannon Shell

Thinking that viewing the conventions will help people be educated about the economy is a stretch, no?

An educated person generally will see through the rhetoric and view the entire process as a waste of time. The uneducated is going to be led astray in either direction.

Let's face it there is no economic plan that will benefit the country AND get the politicians in charge re-elected.

Well said Chuck.

[jms62]

Originally Posted by Cannon Shell

Thinking that viewing the conventions will help people be educated about the economy is a stretch, no?

An educated person generally will see through the rhetoric and view the entire process as a waste of time. The uneducated is going to be led astray in either direction.

Let's face it there is no economic plan that will benefit the country AND get the politicians in charge re-elected.

Maybe i needed to add at the end of my post. My point was and still is that if the market tanks into the election Obama gets beat. Look with unemployment at 15% it still means 85% of the people have jobs. Some will look at their situation and say hey the market is way up from 4 years ago things arent so bad, why change. What I am saying is that the uneducated and/or lazy far outnumber those that see this as it really is. What it is actually is a collapse in progress where those with the power are heisting money from the masses and will be set and immune from it. Whether the Bloods or Crips win isnt going to change things.