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Old 11-07-2012, 07:46 PM   #1
Adak
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I see today, that the DOW industrial average celebrated Obama's victory, by losing 314 points!

The "Obama Effect" is already in full swing! Pardon me while I dance on my ceiling.

BTW German projections for their economy is a very tepid 0.8% growth for 2013 -- but Socialism is what Obama is directing us toward -- whoopee!

http://www.bloomberg.com/news/2012-1...isers-say.html

Last edited by Adak; 11-07-2012 at 07:55 PM.
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Old 11-07-2012, 07:56 PM   #2
Sheldonrs
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Quote:
Originally Posted by Adak View Post
I see today, that the DOW industrial average celebrated Obama's victory, by losing 314 points!

The "Obama Effect" is already in full swing! Pardon me while I dance on my ceiling.

BTW German projections for their economy is a very tepid 0.5% growth -- but Socialism is what Obama is directing us toward -- whoopee!
I hear they are expecting snow in the northeast. Must be the Obama effect.
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Old 11-07-2012, 08:47 PM   #3
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Quote:
Originally Posted by Adak View Post
I see today, that the DOW industrial average celebrated Obama's victory, by losing 314 points!

The "Obama Effect" is already in full swing! Pardon me while I dance on my ceiling.
<snip>
How to win friends and influence people...

Adek's (and his ilk) reveal their true nature in remarks like this.
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Old 11-07-2012, 09:07 PM   #4
Adak
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Originally Posted by Lamplighter View Post
How to win friends and influence people...

Adek's (and his ilk) reveal their true nature in remarks like this.
If the friends I win, want to drive me into a car accident, I would be wise to win other friends, safer driving, friends.


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Originally Posted by Stormieweather View Post
Obama can work just as well with Congress and House as Romney could have if he'd been elected. It all depends on whether the OTHER participants wish to work towards a solution instead of behave like a spoiled toddlers.
So the Senators and Representatives should all fall in step with Obama, even though he's now brought us up to a stunning 16 Trillion dollars of debt, and lead us into an incredibly slow recovery ?

The idea that they should do what's right for the country, shouldn't be an issue?
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Old 11-07-2012, 09:43 PM   #5
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Originally Posted by Adak View Post
If the friends I win, want to drive me into a car accident, I would be wise to win other friends, safer driving, friends.
~snip~
So the Senators and Representatives should all fall in step with Obama, even though he's now brought us up to a stunning 16 Trillion dollars of debt, and lead us into an incredibly slow recovery ?

The idea that they should do what's right for the country, shouldn't be an issue?

Heck, I wouldn't mind an opponent who just knew where he'd been and which way he was going. You and many others on the far right want to over simplify the problem and avoid admitting to any Republican responsibility for the current fiscal mess. It's so much more satisfying to just turn the president into the boogie man (he IS black, after all).

Say, remember that dufus we had for a president at the time of 9/11? Remember how we had a budget surplus when he came into office? Do you recall how he pushed a bunch of tax cuts through Congress while at the same time embroiling this country in an extremely expensive war without a single qualm about how much the bill would be and how it would be paid when it came due?

Ah, just put it on the credit card. The financial world is partying so hard, they'll probably not even pay any attention to it and when the day of reckoning finally does arrive, the responsible parties will have slithered away under some rock just like the reptiles they really are.

I guess since it was a Republican administration that pulled off this nasty little trick, they were doing "what was right for the country" even if it didn't look that way either then or now.

Jeez, give it a break already.
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Old 11-08-2012, 07:00 AM   #6
Adak
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Originally Posted by SamIam View Post
Heck, I wouldn't mind an opponent who just knew where he'd been and which way he was going. You and many others on the far right want to over simplify the problem and avoid admitting to any Republican responsibility for the current fiscal mess. It's so much more satisfying to just turn the president into the boogie man (he IS black, after all).
I don't blame Obama for the fiscal mess we were in when he was sworn in -- not at all.

What I do blame him for, is his fiscal actions and policies, since he became President.

Quote:
Say, remember that dufus we had for a president at the time of 9/11? Remember how we had a budget surplus when he came into office? Do you recall how he pushed a bunch of tax cuts through Congress while at the same time embroiling this country in an extremely expensive war without a single qualm about how much the bill would be and how it would be paid when it came due?
I'm well aware of Bush's policies - he was a social conservative, but a fiscal big spender. More importantly, had he recognized the impending crisis earlier, he could have helped us avoid more of it.
Quote:
I guess since it was a Republican administration that pulled off this nasty little trick, they were doing "what was right for the country" even if it didn't look that way either then or now.
Let's not forget our mistakes, let's learn from them. Bush was a big spender, and it was a mistake. Obama is a bigger spender, and it's a mistake.

Let's stop the big spending, already - there are a number of fiscal calamities that await us, if we don't use common sense, and STOP the massive over-spending!
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Old 11-08-2012, 10:00 AM   #7
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Originally Posted by Adak View Post
Let's stop the big spending, already - there are a number of fiscal calamities that await us, if we don't use common sense, and STOP the massive over-spending!
And how would we do that? Bringing down the deficit isn't a intuitive task. Right now we spend more on the three things that both parties refuse to cut (Social Security, Medicare, and Defense) than the revenue we bring in each year.
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Old 11-08-2012, 12:15 PM   #8
Adak
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And how would we do that? Bringing down the deficit isn't a intuitive task. Right now we spend more on the three things that both parties refuse to cut (Social Security, Medicare, and Defense) than the revenue we bring in each year.
You increase revenue by removing the "gov't will now pick winners and losers in the IRS game of taxes", loopholes.

Read this NYTimes article on how the GE corporation makes millions, and pays NOTHING, because of loopholes. Keep the pepto bismol handy, and breakable objects out of reach. Because you WILL be boiling mad.

http://www.nytimes.com/2011/03/25/bu...omy/25tax.html

Then you get our economy moving, so income to the gov't, is naturally increased. Well, that's a hope out the window now, but anyway... If you cut the size of gov't, you can cut a huge amount of gov't expense. Obama has increased federal employee's by the thousands, since taking office. We have to carry every one of them on our backs, as we labor - naturally.

Third, we quit this whole "nation building" idea for awhile. We spent a decade in Iraq, and another decade in Afghanistan, and we just can't afford to do that again. If we're attacked by a country with their terrorists, we go to fight them, and then WE LEAVE - AND LET THEM REBUILD THEIR COUNTRY for 10 to 30 years. It's not ideal, but it's realistically, what we should be doing, if attacked at this time.

Ryan's budget was a great guideline for moving us into fiscal responsibility. Someone is going to have to look into the federal budget very carefully, and start removing the non-essentials.

I'll pick paying farmers NOT to grow crops, as one of my favorite non-essentials. There are thousands more, however. This is comical in a recession:
http://www.breitbart.com/Big-Governm...-30k-on-gaydar

Clinton had a pretty good grasp on what you needed to do to keep things running in the black. Wasn't always right, but compared to Bush or Obama, he was a real Conservative.
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Old 11-08-2012, 12:31 PM   #9
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Originally Posted by Adak View Post
Let's stop the big spending, already - there are a number of fiscal calamities that await us, if we don't use common sense, and STOP the massive over-spending!
We once raised taxes and cut spending. Therefore jobs were created in massive numbers. Then, in 2000, wacko extremists took control. Massive spending. Welfare to the rich. Seven years later, we almost had 40% unemployment. We almost lost the entire economy.

Adak is an extremist. So he ignores lessons of history. We almost solved the budget deficit. Then wacko extremists spent money we did not have. Borrowed heavily from the Chinese and others. Even invents mythical enemies (Axis of Evil) and useless wars (Mission Accomplished) "Reagan proved that deficits don't matter" is a slogan only from wacko right wing extremists. Adak must forget all that to post his tirades and insults.

A decade is required to undo disasters created by wacko extremist right wing Republicans. One could simply read Facts from The Economist to learn what is obvious - including numbers. Only an extremist would advoctate more of what created this mess - in 2000 through 2008. Only an extremists would ignore numbers from The Economist.
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Old 11-08-2012, 01:30 PM   #10
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Originally Posted by Adak View Post
I don't blame Obama for the fiscal mess we were in when he was sworn in -- not at all.

What I do blame him for, is his fiscal actions and policies, since he became President.



I'm well aware of Bush's policies - he was a social conservative, but a fiscal big spender. More importantly, had he recognized the impending crisis earlier, he could have helped us avoid more of it.


Let's not forget our mistakes, let's learn from them. Bush was a big spender, and it was a mistake. Obama is a bigger spender, and it's a mistake.

Let's stop the big spending, already - there are a number of fiscal calamities that await us, if we don't use common sense, and STOP the massive over-spending!
First of all, you don't have to yell at me. I'm right in front of my computer screen and I can hear you just fine.

You can't have it both ways. You can't post that everything is Obama's fault and then flip flop when soneone calls you out on your rhetoric. Your reasoning could stand some improvement, as well.

"Overspending! Massive overspending!" You admit that Bush started it and then continue to mindlessly bash Obama and blame the entire deficit on Obama's spending problem without addressing the fact that Obama also has an income problem since the wealthy seem to think that they'd have to go live in a park and be homeless if they had to pay taxes at the rate they did before W. rescued them from their tax induced lives of poverty.

Get honest. You'd buy the navy a thousand aircraft carriers it didn't need before you'd hand a hungry child a dollar to buy a loaf of bread. In fact, you'd probably tell the that kid he needed to give the dollar to the Navy to help build carrier number one thousand one.

The issue that needs to be addressed here is why it is now to the nation's benefit for one ever more elite group is to continue to shirk all reponsibility while enriching themselves at the expense of the rest? Like the CEO of a large financial corporation who gave free rein to the morgage party gang that worked in his department. The Corporation would have gone tits up, but thank god for Uncle Sugar. And thank god for the tireless ants who make an honest if simple living and actually contribute to the greater good rather than stealing from it. Because Uncle Sugar grabs some cash from the ants and goes bail for the Corporation.

Meanwhile, back at the ranch, the Corporation, fresh from the bail bonds office, orders the sleaze bag CEO into the office. But, far from firing him or better yet - filing charges against him - the Corporation gives him a $121 MILLION$$$$$$ annual bonus for carrying his job out at "a difficult time." Should someone mention to our hero that maybe he should pay the same amount of taxes that he paid back in 1999 and the mouth of hell opens up and a million tea party members boil out to take a stand on his behalf.

So greed is no longer a sin. These days it has become a patriotic duty to accept offerings from the masses because this will create more jobs that you can then outsource to Katmandu. Oh, and don't forget the "illegal alien" who gets hired on as the third gardener on your million acre estate. So, let's all whistle the "Star Spangled Banner," as we walk into our offshore bank.

Last edited by SamIam; 11-08-2012 at 03:01 PM.
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Old 11-08-2012, 05:16 PM   #11
Adak
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Originally Posted by SamIam View Post
First of all, you don't have to yell at me. I'm right in front of my computer screen and I can hear you just fine.

You can't have it both ways. You can't post that everything is Obama's fault and then flip flop when soneone calls you out on your rhetoric. Your reasoning could stand some improvement, as well.

"Overspending! Massive overspending!" You admit that Bush started it
He started THIS overspending spree, certainly. I've said this repeatedly. Bush was a social conservative, and a fiscal liberal who overspent big time.


Quote:
and then continue to mindlessly bash Obama and blame the entire deficit on Obama's spending problem
NO! Obama put in 780+ Billion into a stimulus package. What do we have to show for this?

It isn't just the amount of money Obama has spent, it's where the money was spent. At least with Bush, the money went into good purposes - Prescription drug law, HUGE donation to fighting AIDS in Africa, fighting Saddam and Al Qaeda. You know what the money went for.

Try that with Obama's spending, and see what comes to mind? Nothing.

Quote:
without addressing the fact that Obama also has an income problem since the wealthy seem to think that they'd have to go live in a park and be homeless if they had to pay taxes at the rate they did before W. rescued them from their tax induced lives of poverty.

Get honest. You'd buy the navy a thousand aircraft carriers it didn't need before you'd hand a hungry child a dollar to buy a loaf of bread. In fact, you'd probably tell the that kid he needed to give the dollar to the Navy to help build carrier number one thousand one.
You're drinking again or just being totally silly? Stop this nonsense.

Quote:
The issue that needs to be addressed here is why it is now to the nation's benefit for one ever more elite group is to continue to shirk all reponsibility while enriching themselves at the expense of the rest? Like the CEO of a large financial corporation who gave free rein to the morgage party gang that worked in his department. The Corporation would have gone tits up, but thank god for Uncle Sugar. And thank god for the tireless ants who make an honest if simple living and actually contribute to the greater good rather than stealing from it. Because Uncle Sugar grabs some cash from the ants and goes bail for the Corporation.

Meanwhile, back at the ranch, the Corporation, fresh from the bail bonds office, orders the sleaze bag CEO into the office. But, far from firing him or better yet - filing charges against him - the Corporation gives him a $121 MILLION$$$$$$ annual bonus for carrying his job out at "a difficult time." Should someone mention to our hero that maybe he should pay the same amount of taxes that he paid back in 1999 and the mouth of hell opens up and a million tea party members boil out to take a stand on his behalf.
Lots of finance guys got away scot free, we know that. That is how justice is done in America, and doesn't have much to do with either political party. Obama does control the entire Justice Dept at the Federal level, however.

Quote:
So greed is no longer a sin. These days it has become a patriotic duty to accept offerings from the masses because this will create more jobs that you can then outsource to Katmandu. Oh, and don't forget the "illegal alien" who gets hired on as the third gardener on your million acre estate. So, let's all whistle the "Star Spangled Banner," as we walk into our offshore bank.
Oh yeah! I can see you've swallowed the "let's hate the rich" kool aid that the Democrats were selling.

Let's remember that if they take off for Singapore (or wherever), we will all be substantially poorer here. According to the CBO (Congressional Budget Office, as reported by The Washington Times, the wealthy pay 70% of all our federal income tax monies.
http://www.washingtontimes.com/news/...d-share-taxes/

Might want to think twice before you throw em overboard.

Last edited by Adak; 11-08-2012 at 05:23 PM.
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Old 11-07-2012, 10:09 PM   #12
BigV
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Originally Posted by Adak View Post
I see today, that the DOW industrial average celebrated Obama's victory, by losing 314 points!

The "Obama Effect" is already in full swing! Pardon me while I dance on my ceiling.

--snip
So, you're saying that Obama's responsible for what happens on the DOW Jones Industrial Average? Ok.

Quote:
Two months into Barack Obama’s tenure, the index reached its low point, slumping to 6,547 in March 2009.

Name:  dow chart.png
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But then something interesting happened: Just a few weeks after Obama signed his stimulus package, the Dow began to rise. Sure, it was herky-jerky, but under our supposedly socialistic president, we’ve seen the Dow go up around 5,000 points from the beginning of his term.
And another 1,500 points on top of that since the publication of this article.

I got your "Obama effect" hangin' right here, punk.
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Old 11-08-2012, 07:06 AM   #13
Adak
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So, you're saying that Obama's responsible for what happens on the DOW Jones Industrial Average? Ok.

And another 1,500 points on top of that since the publication of this article.

I got your "Obama effect" hangin' right here, punk.
I'm saying Obama's re-election was widely seen by investors, as a probable return to poor fiscal and business policies.

We had a business genius running for President, but we elected a guy who never ran a lemonade stand.

Maybe Obama has learned from his earlier mistakes - maybe Congress will force him into better compromises in his second term.

We'll see.
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