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06-02-2012, 11:28 PM
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#16
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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+1
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06-03-2012, 08:16 AM
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#17
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Account Disabled
Join Date: Feb 8, 2011
Location: Louisiana
Posts: 3,979
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If we can get rid of the Fed we might see some real progress in our economy.
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06-03-2012, 10:35 AM
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#18
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by Whirlaway
And the wall -of -seperation between investment and commercial banks that was torn down by Clinton (Gramm /Leach /Blilley.) .
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Yes the deregulation in the banks was the start.
CDO's and CDS were the primer that blew up the housing market though and that came during Bush.
Alan Greenspan had his hand in all of this.
Now the big question for you Tea Wackers.
ARE YOU NOW FOR RUGULATIONS TOWARDS THE BANKS or not?
Should we put that firebreak back up? Mitt Romney says no. I say hell yes. But really it is closing the barn door after the cows are gone.
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06-03-2012, 10:39 AM
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#19
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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It is way more complex than either has stated but that is the jest
Quote:
Originally Posted by GymRat
I can’t wait to see this inept president out of office. If Obama isn’t elected, or if he starts trailing badly in the polls, watch how quickly the stock market turns around. He is so fucking anti capitalism he has scared everyone into cash positions. There has never been so much cash sitting on the sidelines. I took most my money out of the market the day that the market started crashing after the housing bubble. Sure I took a little hit, but not nearly as bad as those that rode it all the way down. After the worse seemed to be over, I got back in and made some pretty good gains. I got back out a couple of months ago and am pretty much back in a cash position.
How the hell can any investor feel comfortable with this guy in office? It’s one attack on free enterprise after another. Hell, I know Dems hate success, but even Bill Clinton had enough sense not to openly attack capitalism. Remember when Obama extended the Bush tax cuts, he immediately went on a tour touting how he was coming back for the rich later. Fuck, how confident does that make you feel?
How many times have you heard the Democratic leadership and Obama bash corporations for having historic cash reserves and not hiring? Are they that fucking stupid? Corporations are supposed to hire without additional demand? Yeah, why not? Business is down, all economic indicators are down, let’s just hire new employees to stand around with their thumbs up their asses! For God’s sake, can we quit electing so many fucking attorneys and get a few economists and business people in the congress and senate?
Watch how quickly the markets turn back around when we get this idiot out of office and money starts flowing back into the markets.
You voted for Obama to prove that you aren’t a racist, now vote against him to prove that you aren’t an idiot!
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The market has done so well because over the last two decades because Greenspan dropped interest rates. He then allowed the banks to gamble and let them have all the profits and covered all the risk. That is not capitalism ... you stupid SOB!
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06-03-2012, 11:22 AM
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#20
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Valued Poster
Join Date: Sep 23, 2010
Location: houston texas
Posts: 10,174
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Quote:
Originally Posted by bigtex
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Bt, the only thing that asshat "nailed" is the dead armadillo I saw on I45.....LMFAO
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06-03-2012, 11:57 AM
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#21
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Valued Poster
Join Date: May 29, 2010
Location: Orange, Tx.
Posts: 1,129
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Quote:
Originally Posted by WTF
The market has done so well because over the last two decades because Greenspan dropped interest rates. He then allowed the banks to gamble and let them have all the profits and covered all the risk. That is not capitalism ... you stupid SOB!
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Reuters estimates that there is 11 trillion sitting on the sidelines right now. Watch what happens to the markets when Romney gets into office.
BTW, why call me a stupid son of a bitch? Did I attack you personally? Kind of funny, it’s not the first time I have been called a stupid son of a bitch on a message board, but I can’t recall the last time anyone called me a SOB to my face?
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06-03-2012, 02:41 PM
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#22
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by GymRat
Reuters estimates that there is 11 trillion sitting on the sidelines right now. Watch what happens to the markets when Romney gets into office.
BTW, why call me a stupid son of a bitch? Did I attack you personally? Kind of funny, it’s not the first time I have been called a stupid son of a bitch on a message board, but I can’t recall the last time anyone called me a SOB to my face?
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I am sorry, it is you logic that is stupid. You may be a lil Angel for all I know.
Romney is not getting into office. There is an election every two years so there is always uncertanity. All that talk is BS and has been so since Obama took office
If you do not understand just who influnces the markets you are stupid in that regard. The Fed and Treasury are was more responsible than the President.
The meltdown of 2008 was caused by deregulation, Mitt wants more of the same, Obama is not much better. He hasn't done shit. Some of the follks running our banks should be in jail with Madoff.
If you think any one party is that much better than the other you are ignorant in those dealings.
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06-03-2012, 09:41 PM
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#23
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Account Disabled
Join Date: Feb 8, 2011
Location: Louisiana
Posts: 3,979
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There's a big bubble floating over our heads. It's called the Dollar Bubble and when it explodes we're all gonna be covered in green gook.
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06-03-2012, 10:00 PM
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#24
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Account Disabled
Join Date: Jan 3, 2010
Location: Here.
Posts: 13,781
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An extremely definitive declaration tor someone who thinks he is so smart., especially on politics.
Quote:
Originally Posted by WTF
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Romney is not getting into office. ...s.
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06-03-2012, 10:14 PM
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#25
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Valued Poster
Join Date: Jan 7, 2010
Location: two steps ahead of the posse.
Posts: 5,356
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Clear Minds
If only clear minds can prevail come November, then President Obama will be sworn into high office without fail.
It is only when the timid masses are frighten by the unscrupulous scare tactics of those who would do anything to win the election that we elect imbeciles like Bush who run the country into the ground and cut taxes for their rich country club friends for their help.
. . . In four more years, President Obama will finish digging this country out of the worst economic hole it has been in since the Great Depression.
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06-03-2012, 10:16 PM
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#26
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Valued Poster
Join Date: Jan 7, 2010
Location: two steps ahead of the posse.
Posts: 5,356
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Crawl
It's getting dark, dumb-ass.
. . . Time to crawl back under your rock!
Quote:
Originally Posted by seedman55
Bt, the only thing that asshat "nailed" is the dead armadillo I saw on I45.....LMFAO
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06-03-2012, 10:41 PM
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#27
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Valued Poster
Join Date: May 20, 2010
Location: Wichita
Posts: 28,730
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Quote:
Originally Posted by Fast Gunn
If only clear minds can prevail come November, then President Obama will be sworn into high office without fail.
It is only when the timid masses are frighten by the unscrupulous scare tactics of those who would do anything to win the election that we elect imbeciles like Bush who run the country into the ground and cut taxes for their rich country club friends for their help.
. . . In four more years, President Obama will finish digging this country out of the worst economic hole it has been in since the Great Depression.
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Gawd, you're funny! When will he start digging us out? So far, he's only dug us in deeper!
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06-04-2012, 01:49 AM
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#28
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Account Disabled
Join Date: Feb 8, 2011
Location: Louisiana
Posts: 3,979
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Quote:
Originally Posted by GymRat
Reuters estimates that there is 11 trillion sitting on the sidelines right now. Watch what happens to the markets when Romney gets into office.
BTW, why call me a stupid son of a bitch? Did I attack you personally? Kind of funny, it’s not the first time I have been called a stupid son of a bitch on a message board, but I can’t recall the last time anyone called me a SOB to my face?
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11 Trillion on the sidelines. No this country has a 15 trillion deficit. If Romney wins you won't see the market budge for at least six months. People will be to leary at first. Besides in the next five to ten years the value of the dollar will fall so low it won't be able to be used as the exchange currency. So invest what you can in Gold and Silver. This country has so much debt thanks to the Fed and Wall Street it can never be recovered. People are just wishing on a star for an economical recovery, it's never going to happen. We are a country of consumers not producers. Other Countries can't just make money they can convert the Dollar to their currency thats all. We just keep making money to buy goods. We don't really have a viable export to sustain ourselves. We just keep printing money but thats about to change. This country is on life support and the patient is the Dollar and it's about to die.
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06-04-2012, 02:38 AM
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#29
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Valued Poster
Join Date: Sep 23, 2010
Location: houston texas
Posts: 10,174
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Quote:
Originally Posted by Fast Gunn
It's getting dark, dumb-ass.
. . . Time to crawl back under your rock!
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Truth hurts doesn't it ladyboy. You are such an ignorant fucking jerkoff. You sould be the posterboy for birth control...LMFAO
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06-04-2012, 09:59 AM
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#30
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Account Disabled
User ID: 126013
Join Date: Mar 14, 2012
Location: Rocking in my rocking chair on my porch..
Posts: 654
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Quote:
Originally Posted by WTF
Yes the deregulation in the banks was the start.
CDO's and CDS were the primer that blew up the housing market though and that came during Bush.
Alan Greenspan had his hand in all of this.
Now the big question for you Tea Wackers.
ARE YOU NOW FOR RUGULATIONS TOWARDS THE BANKS or not?
Should we put that firebreak back up? Mitt Romney says no. I say hell yes. But really it is closing the barn door after the cows are gone.
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I know right? Lmao... The republicans want even more deregulation of the banks, and good ole Mitt is running around saying if he is president he will do just that. Jeesh...let's really let the banks screw us and our economy over even more! Ugh....
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