Dixie, the day before the election you were certian McCain had a good chance of winning the election... remember the Hillary effect you were crowing about?
Okay, we have 42 stock market days remaining until Obama is sworn in, and we are losing an average of 300 points per day. It's currently below 8,000 but at this rate, it should be at 0 before January 20th! ...at least he'll have a fresh start!
It's a good thing we can believe in change, because our little tin cups will feel awful empty without it!
Yeah he remembers it because I reposted his STUPID prognositication that there was 9% undecided that were PUMA's and they were going to vote for McCain.Dixie, the day before the election you were certian McCain had a good chance of winning the election... remember the Hillary effect you were crowing about?
Yeah he remembers it because I reposted his STUPID prognositication that there was 9% undecided that were PUMA's and they were going to vote for McCain.
LOL... That's right pinheads, run back to find some irrelevant argument about the political campaign for president, which totally doesn't matter anymore, to deflect the reality of where the economy is headed. That's a real nice move, and it probably makes you feel better for now, but I don't see how it helps the economy.
Desh seems to think it's the "ignorance and greed of the corporate class" that has gotten us into this mess, along with The Failed Policies Of The Bush Administration, of course... that is the root of all that is bad in America! So, this mindset tells me the new administration intends to 'punish' these greedy ignorant corporate class people, but again, I don't see how that fixes the economy. In fact, I think it may have the opposite effect... just the thought of what is to come, is driving the market into the toilet already, so imagine what it will be like when the real 'punishing' begins.
Oh I can't wait! You've baked yourselves a real horse shit cake, and you'll have to sit here and eat every last bite of it, and you somehow believe you can blame it all off on Bush, but this horse shit cake is all for you! The American public has proven they can be pretty stupid and gullible, and you will probably be able to fool them for another year or two, you may even be able to pick up a few more seats in the midterms by blaming our woes on Bush, but eventually, the pocketbook prevails, and the public is going to turn on you like rabid dogs, and then you'll have to eat every bite of this horse shit cake.
LOL... That's right pinheads, run back to find some irrelevant argument about the political campaign for president, which totally doesn't matter anymore, to deflect the reality of where the economy is headed. That's a real nice move, and it probably makes you feel better for now, but I don't see how it helps the economy.
Desh seems to think it's the "ignorance and greed of the corporate class" that has gotten us into this mess, along with The Failed Policies Of The Bush Administration, of course... that is the root of all that is bad in America! So, this mindset tells me the new administration intends to 'punish' these greedy ignorant corporate class people, but again, I don't see how that fixes the economy. In fact, I think it may have the opposite effect... just the thought of what is to come, is driving the market into the toilet already, so imagine what it will be like when the real 'punishing' begins.
Oh I can't wait! You've baked yourselves a real horse shit cake, and you'll have to sit here and eat every last bite of it, and you somehow believe you can blame it all off on Bush, but this horse shit cake is all for you! The American public has proven they can be pretty stupid and gullible, and you will probably be able to fool them for another year or two, you may even be able to pick up a few more seats in the midterms by blaming our woes on Bush, but eventually, the pocketbook prevails, and the public is going to turn on you like rabid dogs, and then you'll have to eat every bite of this horse shit cake.
It sure is entertaining to watch him try to spin, flail and justify what is happening.
It takes a great deal of creativity to see the world as he claims to see it.
It sure is entertaining to watch him try to spin, flail and justify what is happening.
It takes a great deal of creativity to see the world as he claims to see it.
Me spin and flail? HAHAH! I'm not the one drudging up comments made during the campaign, to detract from the reality in the points being made about the economy, that's you guys!
And here's the world as I see it, Skippy.... We are watching the Dow drop like a rock, to levels we haven't seen in over a decade. We are seeing corporations go under left and right, and unemployment skyrocket, in the wake of even more dismal economic news. We are 10 trillion dollars in debt, largely to Communist China, and we have a president who has promised another 2 trillion will be added to that in the coming years. The only mention of how we might somehow generate the revenue to just pay the interest on this massive debt, is the promise to raise tax on the upper 5% of the taxpayers, and corporations, who can't stay afloat as it is! Meanwhile, we have a Liberal Democrat Congress who apparently thinks money grows on trees, and are spending it like the supply is endless, before even taking full power. And then, we have you idiots in your jackass hats, singing "Happy Days Are Here Again!" ...like you can somehow alter perception of reality with a little positive thinking. But you think I live in some fantasy world? You are all out of your goddamn minds!
And the abysmally bad economy is the fault of the Republicans who have had 8 years to make changes. They did not. Not only did they not, they spent like drunken sailors.
What is funny is that you think all of this is Obama's fault. That the mere election of a democrat caused the fall of a thriving empire.
That is laughable and I think its hilarious to watch you dancing trying to shift the blame to the new administration.
BTW, how long did you give Bush in his first term before you help him responsible for the state of the nation?
And the abysmally bad economy is the fault of the Republicans who have had 8 years to make changes. They did not. Not only did they not, they spent like drunken sailors.
What is funny is that you think all of this is Obama's fault. That the mere election of a democrat caused the fall of a thriving empire.
That is laughable and I think its hilarious to watch you dancing trying to shift the blame to the new administration.
BTW, how long did you give Bush in his first term before you help him responsible for the state of the nation?
I think much of the blame for the bad economy is indeed the fault of Republicans. They abandoned conservative principles and chased after the silly concept of "compassionate conservatism" instead. People like McCain and Hagel, went along with liberals like Barney Frank, because it made them look good to be 'helping the little guy' by forcing Fannie and Freddie to make loans to people who couldn't afford them. So the Republicans do have some culpability in all of this. The fundamental problem here is, we can't fix the problem by pointing fingers and finding blame. That seems to be your plan, and your only idea of what to do. Let's just continue to rant about Bush, continue to blame Republicans, and watch it all go down the tubes.
I never said that. I think the election of an anti-capitalist socialist is responsible for the free-falling market. Things would have been "bad" either way, but when you elect a person who has promised to raise corporate taxes and tax rates on those with money, this is what you can expect to happen in the market. That is just reality. The 'empire' wasn't thriving, we are trillions in debt and growing, with a host of financial problems staring us in the face, and the last thing we needed was some 'feel good' liberal to come along and promise us the moon and stars, which we can't afford. Yet, that is precisely what we elected, and now we are reaping the results in the market.
Again, I'm not trying to 'shift' anything. The economy was on the decline already, the election of an anti-capitalist socialist administration just accelerated it. Things will not get better, they will get markedly worse.
To be honest, the state of the nation was already in trouble when Bush was elected. Clinton was good at smoke and mirrors. Through complacency in monitoring corporate fraud like Enron, and allowing these assholes to cook their books and 'appear' to be doing great, through incorporating the Social Security Trust Fund into the General Budget, and with the assistance of propaganda by the mainstream media, Clinton was able to keep consumer confidence up, which kept the markets growing and the economy as well. His 1996 tax cuts were largely due to the Republicans, were the only thing that kept us from going into a recession before he left office.
Bush comes along with his "compassionate conservative" bullshit, and managed to keep the economy afloat with a couple more tax cuts, but the spending continued to spiral out of control, and now it's to the point of absurdity. Still, we have idiot Americans who are enamored with the promises of even more government spending on programs we can't afford, driving us even deeper into debt. A debt that is owed directly to Communist China! There is no end in sight, Congress doesn't appear to be the least bit concerned about the massive debt, they just keep writing checks on a negative balance, because Americans are stupid and don't get it.
You don't have a solution for this, you still have little pink hearts floating out of your head over Obama, and want to blame all our ills on Bush and the Republicans. The only real solutions or answers your side has proposed, is more taxation for those who actually have a little capital to make things happen in the economy, more regulation for those who could actually hire people and provide the jobs for Americans, raising the taxes on corporations who choose to operate in the US, when they can operate elsewhere for much less. And of course, allowing our ever-efficient stewards of finance, the US Congress, have full control of all our money matters! It's about the most incompetent and ill-conceived economic plan in American history, but at least Republicans have been vilified, at least Bush isn't in charge anymore!
"I never said that. I think the election of an anti-capitalist socialist is responsible for the free-falling market. Things would have been "bad" either way, but when you elect a person who has promised to raise corporate taxes and tax rates on those with money, this is what you can expect to happen in the market."
If the fluctuations of the market were based on such a narrow, narrow view, then the investors you speak of would be bailing for good, would they not? How would you explain (or rather, spin) the 900+ pt. increase of the past 2 days?