Expensive Date
New member
Sorry I was busy fireing customers I missed that
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Reactive Attachment Disorder
- Thread starter jayboat
- Start date
Sorry I was busy fireing customers I missed that
Ratickle
Founding Member / Super Moderator
No problem.
Actually, that was more the end of the investment side. The unemployment issues started to deteriorate when the congess took over in 2006 and passed the increases in minimum wage and it kinda snowballed from there.
Several anti-business legislation went into effect that year, I'll find the uno numbers from then to now if someone wants them. .
Expensive Date
New member
Goldman Sachs helped guarantee a Dem win by cornering the energy market. It has to be true since Sunkin read it in Rolling Stone.
The economy was in bad shape for a lot longer than anyone wants to admit. Last year it was just dieseling on fumes before it finally ventilated the case.
As for Goldman Sachs that is true they are leading the market if they are up market follows same as if they are down.They have an obscene amount of power and they were a major cause of oil prices skyrocketing which caused )as you stated weak economy) to fail.Just questioning the timing thats all
Some night when I have more time I will post what Goldman Sachs got caught doing last week.My only wish was that the Fed allowed us to go into a recession a few years ago instead of continually cutting rates.It would have not been as bad and shorter than what we are in now.And this is not over yet
MarylandMark
Charter Member
Good post Expensive Date- quit prolonging crap and let it work itself out
Ratickle
Founding Member / Super Moderator
catastrophe
Registered
.
"Having said that, I haven't seen anything from Obama yet that would suggest that he's any more knowledgeable or capable than Sarah Palin. "
You don't??????
The lady couldn't hold his jacket.
Point in all this is , there were numerous others that were far more capable.
And how did they get overlooked by such a powerful party full of aggressive members?
And if, as I have read here they were so far behind why didn't the party take the opportunity to showcase in front of the country, someone that had a shot at the next election as president?
Why are #2 picks made by the campaign people and not the whole party?
"Having said that, I haven't seen anything from Obama yet that would suggest that he's any more knowledgeable or capable than Sarah Palin. "
You don't??????
The lady couldn't hold his jacket.
Point in all this is , there were numerous others that were far more capable.
And how did they get overlooked by such a powerful party full of aggressive members?
And if, as I have read here they were so far behind why didn't the party take the opportunity to showcase in front of the country, someone that had a shot at the next election as president?
Why are #2 picks made by the campaign people and not the whole party?
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Just a crazy thought, but I wonder if some of those "more qualified", decided not to sign on to a losing ticket?
Geronimo36
Charter Member
I hear ya Tim!!! It's a systemic problem all the way from the top to the bottom and greed took over. And the rate cuts were killing the dollar so everyone jumped on the commodity train..
Fortunately, for now, I'm still better off now than before the bubble but I'm way off from the last 3 years. I'm fairly young in my career so haven't had as much time to build assets like the older folks but I hope I built enough cushion to get me thru the next couple of years.
A few years ago I was seeing a turn for the worse and everytime I would say something, all the people riding the gravey train would snuff at me and say that I was just jealous or that I should have invested where they did to augment rising costs, yadda yadda yadda.... I'm sure some guys made fortunes day traing and/or getting in/out at the right time but I saw what happend in the tech bubble and stayed conservative... After the tech bubble, most of my colleagues were unemployed and half the companies I worked with as clients went out of business.
Offshoredrillin
New member
agreed but compare apples to apples, she wasnt running for president, she was running for vice president. compare her to Biden and she wins hands down in my opinion. I still would rather have had Mcain (and he wasnt my 1st choice), however in this election, a greater number of people will see how the dems are screwing them. just keep giving them rope.
I was always surprised when all of the chaos erupted, that not many people understood the fox guarding the henhouse role then Treasury Secretary Paulson was in. GS was amongst the very first to test the shaky waters of the derivatives market by throwing out trial balloon trades. When they were confident that the bonds and derivatives markets were, in fact, collapsing, they shorted the chit out of it. This also made them look immune to what was going on.
It doesn't take a rocket scientist to figure out how nice it is to have friends in high places. The ultimate in pressure tactics came about one weekend, when the Fed and the Treasury rammed Merrill Lynch down BAC's throat.
When I listened to the President, Ben Bernake, Paulson, and other high ranking officials, I assumed that their statements of doom and gloom and impending meltdown were true. Was this not the case?
cuda
Banned
Does being the editor of the Harvard Law Review give him the right to wield supreme executive power? I don't think so. He knows no more about the way this country is supposed to be run than I do, apparently less.
cuda
Banned
You could always start another one.
Maybe the third time will be a charm.
Ratickle
Founding Member / Super Moderator
But, he is an extremely good politician, she is not.
I think what the difference is, their base principles for what kind of a country we want in the future. He has made it quite clear he is a socialist. From his books about his beliefs, to his speeches around the world and his statements to get elected. He believes everyone should have an equal part of the pie except the politicians.
It is the exact same belief as China, Russia, Cuba, Venezula, etc have. I don't believe that way and think that is the main reason every one of those countries are failures without us supporting them in one way or another.
The main reason he got elected, he bought the votes. Over 50% of the people in this country pay zero taxes. Over 50% of the people in this country receive some sort of government assistance/income. If you can buy those peoples votes by promising them free health care and a check for $1000 each, on top of what they are already receiving and get them to believe it, you will most likely be elected.
cuda
Banned
I agree. The electoral college was designed when communication was limited, and people were appointed to vote for you. There is no reason in this day and age that popular vote wouldn't work. The electoral college is from the 1700's.
Ratickle
Founding Member / Super Moderator
I would agree with that with one change. People who do not pay taxes, can't vote.
cuda
Banned
I also believe there is a big difference between being a good politician, and a good statesman.
catastrophe
Registered
You may be surprised who that may include
Ratickle
Founding Member / Super Moderator
True, but I'm not sure she was good at either. She did have very conservative principles I thought. But, I no longer believe that.
I truely believe she quit for only two reasons. Ethics investigations which may be true, and the money she can make right now by hitting the speech circuit and writing books.
And that might be a good thng. If a person is so rich that they can afford to shelter there money in order to pay no taxes they should not be allowed to vote for even more tax shelters (or the folks that will make them). It might even bring more cash to the Treasury if people had to pay a certain amount to play (vote).
Geronimo36
Charter Member
I believe in equal opportunity but I don't like the idea of sharing...
Call me selfish but I worked hard for what I have, that's what this country was founded on!
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