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Discussion in 'Politics, Religion, Social Issues' started by Aranince, Feb 17, 2009.
I see a lot of hope in that!
Hope is all your going to have because it will be falling even more.
is this an anti-Obama thread or a pro-Obama thread. I'm Jewish so I read right to left and that image looks promising to me
You're right! Obama did cause this economic crisis. He was the president when it happened and all...
Perhaps you need to look up what "hope" means. It is, after all, not a guarantee.
You want to bet he does better than GWB? Over 10,550 when he took office and 7,950 when he left. About a 25% drop over the course of 8 years. He is the first president in history to serve 8 years and have the stock market end up lower on his last day than it was on his first. Even much maligned Carter oversaw a stagnant stock market, equal when he entered and left after 4 years.
Meanwhile, Obama's watch has seen the stock market drop from 7950 to 7552, about a 5% drop.
Obviously you don't realize that OBAMA stands for Operational Biomechanical Android Manufactured for Assassination, and HOPE stands for Humanoid Optimized for Potential Exploration. Don't come to a conversation if you don't know the acronyms, man. That's just embarrassing.
I think once the stimulus kicks in, we'll see the stock market get back to the 8,500 to 9,000 range by the end of 2009.
Well, I had to add that to my bookmark bar, never know when I will need it..
It's going to fall even more sad to say. He's the best snake oil salesman yet to run for President. With the help of the clueless Democrats (Socialists) in the House and Senate, they are going to run this country into the ground. God help us, the era of the nanny state has officially started. Check your freedoms at the door and bend over because the government now is telling us how to run businesses.
I just ROFLcoptered...
Republican plans include prolonging a war, fighting stoners (for no apparent reason) and keeping queers from marrying.
At least the dems are trying to benefit the country.
I often base my opinion of the economic situation for a year by the performance of an average over a 2 hour period. I also eat paste.
Haha, good point
Can't tell if this post is supposed to a piss take on a right wing nutjob or not.
Someone get this man a cookie, because I literally just hit the floor laughing. I commend you sir!
he's serious. Ohio and crossbow hunting...
Wheres your outrage at the administration that oversaw the tanking of the economy? The one that cost us what is going to wind up being as much as 3 trillion with a pointless war we are still committed to?
Oh wait, no, its ok as long as your a republican right? Is that how these things work? The second your party isn't in charge its time to suddenly wake up and complain? So where you one of those just "checking your freedoms at the door and bending over" silently for the last 8 years?
But hey, the "free market" cant have flaws right? Conservatism can't fail, only you can fail conservatism right? RIGHT?
Ugh, srry for the rant guys.
I'm sorry, but I'm of the opinion at least half of the people that call others socialists don't even understand the definition of the word and are just repeating conservative talking points.
Thats the way it works.
It's not Synthetic Operational Construct Intended for Assassination, Logical Infiltration and Scientific Troubleshooting?
Where do I mention that Bush was better? This economic stuff first started during Clinton.
Second of all, if you know squat about economics(or at least been paying attention to the news) every time the government gets involved in the economy, the economy falls.
Someone in congress or the president talks about the economy, the market dives. This whole economic mess began because the government got involved. Socialism does not work. Government involvement in the economy is the WORST thing. We need to let the economy fall before it can get back up.
So you think he's doing something right?
Yeah, we would have been better off without that budget surplus.
The economy failed this time because the government didn't intervene and didn't provide the proper oversight to prevent predatory lending.
Last I checked, the vast majority of means of production is privately owned by companies. Private businesses also distribute those goods. Government intervention in these matters are exceptions, not the rule. As for compensation, the only regulation is minimum wage and the guarantee of equal compensation for equal skills regardless of race, gender, religion etc. Other than that, companies can compensate however they see fit.
So, if you think what this country is partaking in is socialism, you have a severely distorted view of the concept. Even the companies that are receiving government funds are expected to return them and revert to running themselves.
That is half of it. The other half is that the government forced the banks to give loans to people who did not have the means of paying them off.