Obama = Epic Failure - Updated Daily for your convenience!

[Mister Brenton]

Originally Posted by Spartan Long before the econmy went to hell in a handbasket, I always wondered how we would come out of a recession if we let all our jobs get shipped to China. In '81, I was working for a multibillion dollar major and we knew that the recession then was nothing more then a few years pain that would go away and everybody would be back to making goods. Same thing in '91. NOW, I wonder, how exactly is everybody going to get back to work when a vast numbers of jobs have been exported. Through the last 15 years or so, there was an continuously inflating bubble in construction to offset the jobs losses in manufacturing. BOTH of these were the foundation of the economy and BOTH of these are in serious trouble. The solution to manufacturing practically lays in a trade war and the solution in building lays in more debt. Which poison will it be? We could simply have everyone in the country trade credit swaps and other derivatives. No need for manufacturing.

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[MG]

Originally Posted by M1M2M3

you're just running off at the mouth, no one looking at the big picture thought there was even a remote chance 3Q would be the rebound. The most optimistic people were saying 4Q, and that has come to be a joke also.

Uptick /= Rebound and I would suggest you spend more time regaling us with stories of your recession proof investments and multi million dollar spending habits. Its more believable than your economic statements.

[vmspionage]

After Monday's DJI drop I ordered 3 more cases of MREs. That's my new investment plan - a case of MRE's for every 100 points lost.

/not gonna be standing in the soup line

[M1M2M3]

Originally Posted by MG

Uptick /= Rebound and I would suggest you spend more time regaling us with stories of your recession proof investments and multi million dollar spending habits. Its more believable than your economic statements.

First off you used the word uptick without mentioning any particular security, since you used the term improperly I then assumed you meant rebound. I never said I was recession proof, actually quite the opposite I had a big problem picking up my A/R for the office supply company I sold just before the meltdown (I chatted with Idan about it).

I picked up a sizable percentage of an established loan modification company, and put capital in an upstart one. Being that they are both doing very well and will for the long-term gives me great confidence that we are far from the bottom.

[qianlimoro]

Originally Posted by vmspionage

After Monday's DJI drop I ordered 3 more cases of MREs. That's my new investment plan - a case of MRE's for every 100 points lost.

/not gonna be standing in the soup line

Probably the most sound approach I've heard to date. You may want to add bottled water to your program, though. You gotta wash that sh¡t down with something.

[vmspionage]

Originally Posted by qianlimoro

Probably the most sound approach I've heard to date. You may want to add bottled water to your program, though. You gotta wash that sh¡t down with something.

I've got that taken care of too! I have a Katadyn Vario water filtration system, spare filters and carbon packs, and a few packs of chlorine dioxide water purification tablets on top of a decent supply of bottled water. I should probably throw in an additional case of water every 100 points just to make sure I'm covered.

[MG]

Originally Posted by M1M2M3

First off you used the word uptick without mentioning any particular security,

See, there you are, no clue what you are talking about.

Unless Business leaders have confidence in the stability of the field of play, they will not make longer term investments. They will simply be risk adverse and sit out the decline until the stability reappears.

Above I said "Business Leaders" not "Brokers or Traders". Business Leaders make investments in their businesses, durable goods orders, contracts with service providers, hiring more employees. To remove all doubt, the "uptick" I hoped to see in the 3Q was in leading economic indicators, which, by the way, is not the stock market.

A controlled and organized failure of all of the suspect banks and other organizations in the derivative feader chain in 1Q09 would have caused the evening out of the market and eventually lead to a restoration of stability through the 2Q and 3Q. With that behind us we could look forward to increased orders in 4Q09 and more in the 1Q10. With all of the government's reinforcing of Chaos we have essentially lost all hope of that scenario.

Good job to everyone who put these clowns in power.

[qianlimoro]

Originally Posted by MG

....Good job to everyone who put these clowns in power.

Take a bow, brah...

[Akademiks]

Originally Posted by MG

I'm curious about how old you are and what your education level is. You appear to not understand the very basics about the economy.

"Deficits" did not put us where we are today. The Real Estate Bubble started well back into the early to mid 90s, It was fed by loose money and the government advocating for loans for people who did not deserve them.

Since the bubble collapsed (again, nothing to do with Bush or "deficits") all of Obama's reactions have been dictated by Reed and Pelosi. They are frustrated socialists and have absolutely no interest in fixing the economy. All they want to do is use the crisis as an opportunity to hammer through all of the socialist crap they haven't been able to do since 96.

Obama is merely their rubber stamp, and he will take the fall for all of this epic fail going around.

Originally Posted by MG

See, there you are, no clue what you are talking about.

Above I said "Business Leaders" not "Brokers or Traders". Business Leaders make investments in their businesses, durable goods orders, contracts with service providers, hiring more employees. To remove all doubt, the "uptick" I hoped to see in the 3Q was in leading economic indicators, which, by the way, is not the stock market.

A controlled and organized failure of all of the suspect banks and other organizations in the derivative feader chain in 1Q09 would have caused the evening out of the market and eventually lead to a restoration of stability through the 2Q and 3Q. With that behind us we could look forward to increased orders in 4Q09 and more in the 1Q10. With all of the government's reinforcing of Chaos we have essentially lost all hope of that scenario.

Good job to everyone who put these clowns in power.

And I expected nothing less then your ambiguously ridiculous response.

While I can spend hours arguing with you over this, it's clear you refuse to accept any information which does not denounce Obama or clear Bush of any wrong doing.

Something I find absolutely hilarious, is how while the 8-year reign of Bush had no affect on the economy (obviously, duh ), suddenly Obamas few weeks in office have sent us all to hell: least, this be the view you wish everyone to believe. Right, the "bubble".

Gee whizzers MG, you seem to know so much about this economy and how to shift blame, why didn't you run for office? You know.. since you seem to know everything about this economy.

[pel C]

Originally Posted by Mister Brenton

We could simply have everyone in the country trade credit swaps and other derivatives. No need for manufacturing.

You could add "smoke and mirrors" to your list.

[sf280]

Originally Posted by M1M2M3

manufacturing is dead in this country, with the education level our citizens should have, no one should want to be bothered with it either.

What is your point, that the democrats have created and fostered a class of people who are uneducated and expect government assistance? Why can't they work in a manufacturing plant??

If that entire segment was available to actually work they would drive down labor prices, remove the need for illegals and quite possibly be proud that they actually did something with their lives.

[MG]

Originally Posted by Akademiks

While I can spend hours arguing with you over this, it's clear you refuse to accept any information which does not denounce Obama or clear Bush of any wrong doing.

Please try, I would find it entertaining.

Something I find absolutely hilarious, is how while the 8-year reign of Bush had no affect on the economy (obviously, duh ), suddenly Obamas few weeks in office have sent us all to hell: least, this be the view you wish everyone to believe. Right, the "bubble".

Hey, nice set of data points you've laid out for us. They support your conclusions emphatically.

Gee whizzers MG, you seem to know so much about this economy and how to shift blame, why didn't you run for office? You know.. since you seem to know everything about this economy.

I have ethics and a big mouth, two things that preclude me from ever being a Polotician.

Additionally, the Government doesn't run the economy, it leeches from it and impedes it, that's all. A basic concept you clearly don't understand.

[M1M2M3]

Originally Posted by MG

See, there you are, no clue what you are talking about.



Above I said "Business Leaders" not "Brokers or Traders". Business Leaders make investments in their businesses, durable goods orders, contracts with service providers, hiring more employees. To remove all doubt, the "uptick" I hoped to see in the 3Q was in leading economic indicators, which, by the way, is not the stock market.

A controlled and organized failure of all of the suspect banks and other organizations in the derivative feader chain in 1Q09 would have caused the evening out of the market and eventually lead to a restoration of stability through the 2Q and 3Q. With that behind us we could look forward to increased orders in 4Q09 and more in the 1Q10. With all of the government's reinforcing of Chaos we have essentially lost all hope of that scenario.

Good job to everyone who put these clowns in power.

Hey ****** here is the definition as I understood it:

http://www.investorwords.com/5188/uptick.html Uptick-A stock market transaction (or sometimes, a quote) at a price higher than the preceding one for the same security. also called plus tick. opposite of downtick.

what you are talking about is the market beginning to rebound.

[MG]

Originally Posted by M1M2M3

Hey asswipe here is the definition as I understood it:

http://www.investorwords.com/5188/uptick.html Uptick-A stock market transaction (or sometimes, a quote) at a price higher than the preceding one for the same security. also called plus tick. opposite of downtick.

what you are talking about is the market beginning to rebound.

Still can't tell the difference between the stock market and the economy? Paint me as surprised.

[qianlimoro]

LOL!

[bigben320e]

Originally Posted by Mister Brenton

But as long as the nation is obsessed with historic milestones, is no one going to remark on what a great country it is where a mentally retarded woman can become speaker of the house?

-Ann Coulter

Ann Coulter is retarded? As they say it takes one to recognize another.

Ann would have more credibility without the emotional and racially charged statements she makes.

[Phin]

...it's so easy sit here and complain about whomever is at the helm.....it's a helluva lot harder to offer up solutions to right the ship....

[S55inPA]

Originally Posted by Phin

...it's so easy sit here and complain about whomever is at the helm.....it's a helluva lot harder to offer up solutions to right the ship....

it really isn't that hard to "right the ship".

cut government spending by at least 2.5 to 5%
kill capital gains for 2 years and then if you need to
reinstate it place it at a lower rate than it is now.
leave the Bush tax cuts in place indefinitely.
kill off the estate tax.
announce you will allow drilling off of both coasts.
as is already planned wind down Iraq and temper your plans for Afghanistan.

when it comes to the banks and the auto companies. enough is enough.
if the momentum of the economy does not save them then.....goodbye.


and another thing. Bush had a good economy. inherited a recession, 9/11, Iraq war, a commodity bubble, and then the housing bubble. so before everyone dumps on him remember this......much of what is happening now is not in anyway shape or form Bush's fault. recessions are cyclical in
nature and nothing new to anyone over 30.

as for actions taken by Obama thus far.....he has been a disaster......epic failure. sure he is not to blame for all of the bad economic news
but since he clearly has the ability to help boost the economy and he chooses to do the exact opposite.....that is why he is failing. even when
the economy starts to move again whether it be later this year or
next....he is going to raise taxes. that will destroy any gains the economy makes....real or temporary.

face it guys.....you voted for a moron, an unbelievable liar, and a man not
up for the job. but who knows....maybe McCain would have been worse....
but i don't think anyone could actually be worse than this guy.

one last thought. business runs the country and it provides the jobs. Obama
does not understand or appreciate this one iota. a truly tragic flaw that
will be his undoing.

oh one more last thought. i too expected a better 3rd quarter this year. even with all of the constant bad news. keep in mind that everyday there
is a slow increase in pent up demand for goods. sooner or later people will
need to spend/purchase durable items. if the predator in chief keeps up
his comrad ways we might not see a turn around until we get a President
with at least half a brain.

[qianlimoro]

Originally Posted by S55inPA

it really isn't that hard to "right the ship".

cut government spending by at least 2.5 to 5%
kill capital gains for 2 years and then if you need to
reinstate it place it at a lower rate than it is now.
leave the Bush tax cuts in place indefinitely.
kill off the estate tax.
announce you will allow drilling off of both coasts.
as is already planned wind down Iraq and temper your plans for Afghanistan.

when it comes to the banks and the auto companies. enough is enough.
if the momentum of the economy does not save them then.....goodbye.


and another thing. Bush had a good economy. inherited a recession, 9/11, Iraq war, a commodity bubble, and then the housing bubble. so before everyone dumps on him remember this......much of what is happening now is not in anyway shape or form Bush's fault. recessions are cyclical in
nature and nothing new to anyone over 30.

as for actions taken by Obama thus far.....he has been a disaster......epic failure. sure he is not to blame for all of the bad economic news
but since he clearly has the ability to help boost the economy and he chooses to do the exact opposite.....that is why he is failing. even when
the economy starts to move again whether it be later this year or
next....he is going to raise taxes. that will destroy any gains the economy makes....real or temporary.

face it guys.....you voted for a moron, an unbelievable liar, and a man not
up for the job. but who knows....maybe McCain would have been worse....
but i don't think anyone could actually be worse than this guy.

one last thought. business runs the country and it provides the jobs. Obama
does not understand or appreciate this one iota. a truly tragic flaw that
will be his undoing.

oh one more last thought. i too expected a better 3rd quarter this year. even with all of the constant bad news. keep in mind that everyday there
is a slow increase in pent up demand for goods. sooner or later people will
need to spend/purchase durable items. if the predator in chief keeps up
his comrad ways we might not see a turn around until we get a President
with at least half a brain.

LULZ! There are still a few cabinet positions open. Send him an email.

And who ever figured you for an optimist? I hope your right about 3Q, but my gut says '09 is toast.

[S55inPA]

Originally Posted by qianlimoro

LULZ! There are still a few cabinet positions open. Send him an email.

And who ever figured you for an optimist? I hope your right about 3Q, but my gut says '09 is toast.

i don't think i could live with myself. right is right....wrong is wrong. this
is a concept that seems to escape most politicians.

don't be surprised to see the economy do something positive. our economy
is enormous. there will be growth somewhere.....and if you could figure out
where.....billions await!........maybe survival kits

[S55inPA]

even Kramer is jumping in........

Obama's budget is the greatest wealth destruction by a President.


http://www.mediabistro.com/tvnewser/...ent_110203.asp

[RedG]

Originally Posted by Akademiks

And you're truly clueless if you think this can be blamed on Obama.

Clearly, not like the war Bush started got us into this deficit; you know losing billions a day and everything, yeah Bush had nothing to do with that.

If you think the wars got us into this position you are as stupid as the people who we are fighting against.

Originally Posted by Akademiks

Yeah, look how well off we are because of him.

I've made more money each of the last 8 years, .

Originally Posted by S55inPA

for Obama's plans to succeed.....the federal government
is going to hire 250,000 new employees!......at least the unions are happy.

http://www.msnbc.msn.com/id/29474702/


here is a great op ed.
somebody saying it like it is.

"Obama Lied; The Economy Died"

http://www.washingtontimes.com/news/...-economy-died/

I wonder if this 250,000 hiring is for Obama's proposed "Civilian Police Force"?

Originally Posted by qianlimoro

LULZ! There are still a few cabinet positions open. Send him an email.

And who ever figured you for an optimist? I hope your right about 3Q, but my gut says '09 is toast.

You have to have not paid your taxes though to be nominated. But good thing we still have time, because April 15th is only a few weeks away now! And at this rate he will be nominating people into his fourth year as president (if he can last that long himself before being caught for tax evasion)...lol

[Akademiks]

Originally Posted by RedG

If you think the wars got us into this position you are as stupid as the people who we are fighting against.

Who me? Nah, I was being sarcastic. I know Bush is a savior

Originally Posted by RedG

made more money each of the last 8 years, .

I'm the same now as I was 3-4 years ago. What's your point?

[Spartan]

Hmm...some bumper stickers....

OBAMA LIED, THE ECONOMY DIED.

OBAMANOMIC$ (with a circle and slash out)

And my personal favorite (and original).....

I HAVE A DREAM THAT ALL MAN WILL BE CREATED EQUALLY POOR. (with a picture of Obamy looking at the sky)

[BrianS]

Originally Posted by S55inPA

idon't be surprised to see the economy do something positive. our economy
is enormous. there will be growth somewhere.....

There's plenty of growth with ammunition and firearms manufactuers. They've got backorders for months. Some have needed to move to larger facilities just to fulfill increased demand. Buy it cheap....stack it deep seems to be the mantra these days.