| #11 - Posted 17 June 2009, 11:24 PM | |
Location: Dominican Republic Join date: September 2008 Member #: 1444 Posts: 2555 | RE: Give Obama 40 More Years in Office! Quote: DominicanChic previously said: No matter what he does - people will get what they voted for. The problem with democracy is that the 48% of the people wo voted against Obama will also get what they did NOT vote for.... As Winston Churchill said, the greatest argument against democracy is a 5 min. interview with the average voter" Today he would say "The greatest argument against democracy is a 2 min glance at a typical forum as a poolingof ignorance". William Visit: www.caribbeanrealty.ca www.casablancacabarete.com |
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| #12 - Posted 18 June 2009, 12:12 AM | |
Location: United States Join date: May 2009 Member #: 2742 Posts: 199 | RE: Give Obama 40 More Years in Office! Quote: cabaretewilliam previously said: http://seekingalpha.com/article/143695-give-obama-40-more-years-in-office?source=email (You need to go to the above actual article to get the half dozen or so charts that show debt ratiosn and other details. The charts show of scewed the USA is and will be for many years to come) For all of those worried about tax increases, slow economic growth and rapidly expanding deficits, I have one word - relax. Consider the following comments made by the President yesterday. Obama Says Robust Growth Will Prevent Tax Increases June 16 (Bloomberg) — “One of the biggest variables in this whole thing is economic growth,” the president said in an interview with Bloomberg News at the White House. “If we are growing at a robust rate, then we can pay for the government that we need without having to raise taxes.” Obama has repeatedly said he would keep his campaign pledge to cut taxes for 95 percent of working Americans while rolling back tax breaks for households making more than $250,000 a year. The U.S. economy shrank at a 5.7 percent annual pace in the first quarter… The median forecast for growth next year is 1.8 percent, according to the survey. Obama warned that if economic growth remains “anemic” and Congress fails to adopt his plans to hold down the cost of health care, work on alternative energy sources and improve the U.S. education system, “then we’re going to continue to have problems.” He also repeated his promise to cut the budget deficit, forecast to hit $1.8 trillion this year, in half by the end of his first term. “If my proposals are adopted, then not only are we cutting the deficit in half compared to where it would be if we didn’t do anything, but we’re also going to be able to raise revenue on people making over $250,000 a year in a modest way,” he said. “That helps close the deficit.” Fiscal discipline that leads to lower budget deficits is important, Obama said, to ensure investors around the world keep buying U.S. government debt. From warning of a “financial catastrophe” some short months ago, we are now being told that: Robust economic growth will cover government spending increases 5% of working Americans will cover the tab for the other 95% New spending on health care, education and the environment will spur economic growth Deficits will be cut in half to only $1 trillion a year Fiscal discipline will cause investors to lust after U.S. debt securities News like this is almost enough to make one believe that the recent 40% gain in stock prices is just the beginning of new wealth creation for investors. Before rushing into a 100% long position with your portfolio, consider some of the potential headwinds that the President’s magic scenario will face. Past decades in the U.S. have been distinguished by slow economic growth (despite huge credit stimulus), stagnate or declining real incomes and a massive increase in the debt burden on every sector of the economy. In addition, Americans have seen their major asset categories - stocks and real estate - vaporized by multi trillion dollar losses. Median Household Incomes Fell in 94% of the States- 1999-2005 Decline In Purchasing Power US $ Conclusion: The national economic trends of past decades are: Lower incomes Staggering increases in debt Dramatic decreases in savings The destruction of our manufacturing base A 90% decline in the purchasing value of our currency If the President can reverse these trends, I say change the Constitution and give him 40 more years in office! Amazing- more statistical garbage. First off Obama signed into law the largest tax CUT in history. A crappy article written by right wing hacks! I am amazed at Red Neck Bill here, These "charts" all prove what an awful job the previous president did- as Obama did not take office till 2009- evey chart is pre '09. I support my president- and again Bill you are full of sh1t!! Talk to me aboot Canada eh! Edited on 6/18/2009 12:32 AM by EnLaCapital. |
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| #13 - Posted 18 June 2009, 12:28 AM | |
Location: United States Join date: May 2009 Member #: 2742 Posts: 199 | RE: Give Obama 40 More Years in Office! Quote: cabaretewilliam previously said: Quote: DominicanChic previously said: No matter what he does - people will get what they voted for. The problem with democracy is that the 48% of the people wo voted against Obama will also get what they did NOT vote for.... As Winston Churchill said, the greatest argument against democracy is a 5 min. interview with the average voter" Today he would say "The greatest argument against democracy is a 2 min glance at a typical forum as a poolingof ignorance". Actually it was 45% against - Obama got 10 million more votes than McCain |
Post IP: 74.79.162.21* | |
| #14 - Posted 18 June 2009, 8:06 AM | |
Location: Dominican Republic Join date: September 2008 Member #: 1444 Posts: 2555 | RE: Give Obama 40 More Years in Office! [QUOTE=EnLaCapital] [/QUOTE] Amazing- more statistical garbage. First off Obama signed into law the largest tax CUT in history. A crappy article written by right wing hacks! I am amazed at Red Neck Bill here, These "charts" all prove what an awful job the previous president did- as Obama did not take office till 2009- evey chart is pre '09. I support my president- and again Bill you are full of sh1t!! Talk to me aboot Canada eh! [/QUOTE] Crayy article? Hmm, The truth hurts. All the man did was point out some basic facts and you go nuts? Typical of any liberal left wing nut. You are not cabale of linear thinking and when confronted with truth you do not like you get all angry and bothered If you have cared to read or been able to understand, you would know that the charts and article deals with the past 60 (get that ignoramous? SIXTY years of history) and it does not blame Bush or Obama for the problem. It does make it clear that when you are bankrupt as a gov. it is plain STUPID (as any 10 year old knows) to run huge deficits and give tax cuts. You blinded suckers are happy with Obama, thank God I am in the DR and will not have to pay back the 1.5 MILLION in debt per family of four that you will have to. You will be happy when he next pres. in 4 years when Obama is kicked out for being the greatest failure in 200 years, will have to DOUBLE ALL YOUR TAXESand yu pay for his stupidity. Did you know that right now, if Obama took every dollar earned by every American, he would not be ableto pay for his deficit spending? So who will? He has a bigger deficit than all presidens on 200 years, and one that is 3-4 times larger than Bush's. What a total idiot commie! As for CAnada, being a much smarter lot, our bansk stayed out of the whole debt swap thing the other countries banks got into. Back in the 90's we passed legsialtion preventing our banks from getting into the USA made mess. So our bansk are strong and sound. House across Canada actually went up in value in the past two years when USA houses dropped by as much as 50%. Our banks did not make stupid loans on inflated values on houses so we avoided the housing bubble. I still have development property in Canada and I thnak God it is not in the USA! Sure I love to point out how diff. we are as Canadians! Edited on 6/18/2009 8:08 AM by cabaretewilliam. William Visit: www.caribbeanrealty.ca www.casablancacabarete.com |
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| #15 - Posted 18 June 2009, 8:12 AM | |
Location: Dominican Republic Join date: September 2008 Member #: 1444 Posts: 2555 | RE: Give Obama 40 More Years in Office! Quote: EnLaCapital previously said: Quote: cabaretewilliam previously said: Quote: DominicanChic previously said: No matter what he does - people will get what they voted for. The problem with democracy is that the 48% of the people wo voted against Obama will also get what they did NOT vote for.... As Winston Churchill said, the greatest argument against democracy is a 5 min. interview with the average voter" Today he would say "The greatest argument against democracy is a 2 min glance at a typical forum as a poolingof ignorance". Actually it was 45% against - Obama got 10 million more votes than McCain BTW - thanks for proving Winston Churchhill right, again. Wrong again, dummy. Look it up. Obama got 52.9 %, the rest voted for McCAin and others. The poitn is of course that being young, liberal. a great speaker, he should have got much more when running against a Bush era old man who cannto speak. Buthe did not as 48% of Amercians do not like commie socialist re-distriubute the wealth big gov. Reagan - he won two landslide victories in terms of popular vote and electoral votes. Edited on 6/18/2009 8:13 AM by cabaretewilliam. William Visit: www.caribbeanrealty.ca www.casablancacabarete.com |
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| #16 - Posted 18 June 2009, 9:47 AM | |
Location: United Kingdom Join date: August 2008 Member #: 1307 Posts: 4426 | RE: Give Obama 40 More Years in Office! Quote: cabaretewilliam previously said: http://seekingalpha.com/article/143695-give-obama-40-more-years-in-office?source=email (You need to go to the above actual article to get the half dozen or so charts that show debt ratiosn and other details. The charts show of scewed the USA is and will be for many years to come) For all of those worried about tax increases, slow economic growth and rapidly expanding deficits, I have one word - relax. Consider the following comments made by the President yesterday. Obama Says Robust Growth Will Prevent Tax Increases June 16 (Bloomberg) — “One of the biggest variables in this whole thing is economic growth,” the president said in an interview with Bloomberg News at the White House. “If we are growing at a robust rate, then we can pay for the government that we need without having to raise taxes.” Obama has repeatedly said he would keep his campaign pledge to cut taxes for 95 percent of working Americans while rolling back tax breaks for households making more than $250,000 a year. The U.S. economy shrank at a 5.7 percent annual pace in the first quarter… The median forecast for growth next year is 1.8 percent, according to the survey. Obama warned that if economic growth remains “anemic” and Congress fails to adopt his plans to hold down the cost of health care, work on alternative energy sources and improve the U.S. education system, “then we’re going to continue to have problems.” He also repeated his promise to cut the budget deficit, forecast to hit $1.8 trillion this year, in half by the end of his first term. “If my proposals are adopted, then not only are we cutting the deficit in half compared to where it would be if we didn’t do anything, but we’re also going to be able to raise revenue on people making over $250,000 a year in a modest way,” he said. “That helps close the deficit.” Fiscal discipline that leads to lower budget deficits is important, Obama said, to ensure investors around the world keep buying U.S. government debt. From warning of a “financial catastrophe” some short months ago, we are now being told that: Robust economic growth will cover government spending increases 5% of working Americans will cover the tab for the other 95% New spending on health care, education and the environment will spur economic growth Deficits will be cut in half to only $1 trillion a year Fiscal discipline will cause investors to lust after U.S. debt securities News like this is almost enough to make one believe that the recent 40% gain in stock prices is just the beginning of new wealth creation for investors. Before rushing into a 100% long position with your portfolio, consider some of the potential headwinds that the President’s magic scenario will face. Past decades in the U.S. have been distinguished by slow economic growth (despite huge credit stimulus), stagnate or declining real incomes and a massive increase in the debt burden on every sector of the economy. In addition, Americans have seen their major asset categories - stocks and real estate - vaporized by multi trillion dollar losses. Median Household Incomes Fell in 94% of the States- 1999-2005 Decline In Purchasing Power US $ Conclusion: The national economic trends of past decades are: Lower incomes Staggering increases in debt Dramatic decreases in savings The destruction of our manufacturing base A 90% decline in the purchasing value of our currency If the President can reverse these trends, I say change the Constitution and give him 40 more years in office! What a stupid hack........ If the economy grow at 5% per year in real terms and industrial and goods manufacture productivity grows by 5% per annum what does this mean after 20 years? Someone who has a 20 foot boat now has one 6.7 times longer after this period - 130 feet? Or a house of 3000 sq feet one of 20,000 sq. feet. Someone who takes one trip a year takes 7 then? This assumes the population is static and people spend the income. These hacks write rubbish! There is a redistribution takes place so more people have a better lifestyle for sure and in many coutries poverty elimination is possible. But beyond a certain point of material acquisition people are not more happy. It is up to governments to engender a 'feel-good' factor through social provision and polices. Read: http://www.mnforsustain.org/meadows_limits_to_growth_30_year_update_2004.htm Where do you dig these stupid hacks up from ? Amerika needs more farmers markets! Discount grocer Aldi Inc. opened stores in the city in 2001 and 2005. A spokeswoman said the chain is "very bullish" on Detroit. Farmer's markets draw crowds looking for fresh produce. http://finance.yahoo.com/family-home/article/107206/retailers-head-for-exits-in-detroit.html?mod=family-autos Cos like Aldi make lots of money still... http://en.wikipedia.org/wiki/Aldi S. Edited on 6/18/2009 11:06 AM by abc200. |
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| #17 - Posted 18 June 2009, 10:09 AM | |
Location: United States Join date: January 2009 Member #: 1932 Posts: 1186 | RE: Give Obama 40 More Years in Office! Quote: EnLaCapital previously said: Amazing- more statistical garbage. First off Obama signed into law the largest tax CUT in history. A crappy article written by right wing hacks! I am amazed at Red Neck Bill here, These "charts" all prove what an awful job the previous president did- as Obama did not take office till 2009- evey chart is pre '09. I support my president- and again Bill you are full of sh1t!! Talk to me aboot Canada eh! Welcome back , my stonesy friend!! instead of trying to reason with the Obama haters, i jsut give em the' LONG LIVE KING OBAMA' and watch them go red with rage ! |
Post IP: 75.74.72.5* | |
| #18 - Posted 18 June 2009, 10:15 AM | |
Location: Dominican Republic, Parque Colon statue of Anacaona Join date: April 2009 Member #: 2573 Posts: 3334 | Quote: Glimmertwin previously said: Quote: EnLaCapital previously said: Amazing- more statistical garbage. First off Obama signed into law the largest tax CUT in history. A crappy article written by right wing hacks! I am amazed at Red Neck Bill here, These "charts" all prove what an awful job the previous president did- as Obama did not take office till 2009- evey chart is pre '09. I support my president- and again Bill you are full of sh1t!! Talk to me aboot Canada eh! Welcome back , my stonesy friend!! instead of trying to reason with the Obama haters, i jsut give em the' LONG LIVE KING OBAMA' and watch them go red with rage ! Obamas numbers are dropping like a stone glimm the honeymoon is over My daughter Yaina aka ". Chucky la Nina Diabolica " |
Post IP: 66.98.33.2* | |
| #19 - Posted 18 June 2009, 1:47 PM | |
Location: United States Join date: May 2009 Member #: 2742 Posts: 199 | RE: Give Obama 40 More Years in Office! [QUOTE=cabaretewilliam] [QUOTE=EnLaCapital] [/QUOTE] Amazing- more statistical garbage. First off Obama signed into law the largest tax CUT in history. A crappy article written by right wing hacks! I am amazed at Red Neck Bill here, These "charts" all prove what an awful job the previous president did- as Obama did not take office till 2009- evey chart is pre '09. I support my president- and again Bill you are full of sh1t!! Talk to me aboot Canada eh! [/QUOTE] [COLOR=#2F3699]Crayy article? Hmm, The truth hurts. All the man did was point out some basic facts and you go nuts? Typical of any liberal left wing nut. You are not cabale of linear thinking and when confronted with truth you do not like you get all angry and bothered If you have cared to read or been able to understand, you would know that the charts and article deals with the past 60 (get that ignoramous? SIXTY years of history) and it does not blame Bush or Obama for the problem. It does make it clear that when you are bankrupt as a gov. it is plain STUPID (as any 10 year old knows) to run huge deficits and give tax cuts. You blinded suckers are happy with Obama, thank God I am in the DR and will not have to pay back the 1.5 MILLION in debt per family of four that you will have to. You will be happy when he next pres. in 4 years when Obama is kicked out for being the greatest failure in 200 years, will have to DOUBLE ALL YOUR TAXESand yu pay for his stupidity. Did you know that right now, if Obama took every dollar earned by every American, he would not be ableto pay for his deficit spending? So who will? He has a bigger deficit than all presidens on 200 years, and one that is 3-4 times larger than Bush's. What a total idiot commie! As for CAnada, being a much smarter lot, our bansk stayed out of the whole debt swap thing the other countries banks got into. Back in the 90's we passed legsialtion preventing our banks from getting into the USA made mess. So our bansk are strong and sound. House across Canada actually went up in value in the past two years when USA houses dropped by as much as 50%. Our banks did not make stupid loans on inflated values on houses so we avoided the housing bubble. I still have development property in Canada and I thnak God it is not in the USA! Sure I love to point out how diff. we are as Canadians![/COLOR] [/QUOTE] [B] [COLOR=#ED1C24]Red Neck... I have an MBA and can spot garbage like this a mile away. Stats can be manipulated for any argument douche. The last eight years broke this country- in general increases in spending while incomes dropped for most Americans, coupled with the AIG debacle (this was where no governmental oversight comes into play) have created this world wide crises. All the while the Bush's and Cheneys of the world made a killing. Brown and Root et al. Banks we're giving away mortgages, people in credit card debt got more cards in the mail- and the debt ball grew- banks sold said debt times over- where the hell was the SEC? And what about Enron?? Obama is working to fix it and I hope he does, as the right has done NOTHING to solve this crisis. They seem to be more interested in having the President and Government fail than offering solutions. There needs to be oversight and these institutions need to be regulated for their own good. Not one solid republican rebuttal has been offered up!! And as you are Canadian living in the DR I will certainly not come to you for advice. So stop hating on Obama and keep an eye on the Sanky's at your place douchebag. Want me to break it down? The only way to get out of the hole we are in is to rebuild. Our economy is stagnant- even W recognized that in order to stimulate the economy, the government would have to put some money in people's pockets. (Stimulus checks) But it was too little too late. If you can step out of your incredible charts and hack garbage, you may be able to think linearly and see what has to be done. In order to jump start the economy, we need to put more money in people's pockets- i.e. tax cuts, job development (infrastructure), and regulation. When you build a house to you start with the roof? NO bottom up... Scale back Bushie's lack of taxes on the top 1%- tax them, relieve the tax burden on the middle class thus promoting the establishment of this country's economic marrow- the small business. BTW- I absolutely love Canadians, great drinkers, great people- I have lifelong friends fraternity brothers at McGill. I envy their education system to be honest. But, you Billy, need to come work and live in the US as part of the middle class to see what really has been going on- until then cut the crap. [/COLOR][B][/B][/B] Edited on 6/18/2009 1:51 PM by EnLaCapital. |
Post IP: 74.79.162.21* | |
| #20 - Posted 18 June 2009, 2:01 PM | |
Location: Dominican Republic Join date: September 2008 Member #: 1444 Posts: 2555 | RE: Give Obama 40 More Years in Office! Quote: abc200 previously said: Quote: cabaretewilliam previously said: http://seekingalpha.com/article/143695-give-obama-40-more-years-in-office?source=email (You need to go to the above actual article to get the half dozen or so charts that show debt ratiosn and other details. The charts show of scewed the USA is and will be for many years to come) For all of those worried about tax increases, slow economic growth and rapidly expanding deficits, I have one word - relax. Consider the following comments made by the President yesterday. Obama Says Robust Growth Will Prevent Tax Increases June 16 (Bloomberg) — “One of the biggest variables in this whole thing is economic growth,” the president said in an interview with Bloomberg News at the White House. “If we are growing at a robust rate, then we can pay for the government that we need without having to raise taxes.” Obama has repeatedly said he would keep his campaign pledge to cut taxes for 95 percent of working Americans while rolling back tax breaks for households making more than $250,000 a year. The U.S. economy shrank at a 5.7 percent annual pace in the first quarter… The median forecast for growth next year is 1.8 percent, according to the survey. Obama warned that if economic growth remains “anemic” and Congress fails to adopt his plans to hold down the cost of health care, work on alternative energy sources and improve the U.S. education system, “then we’re going to continue to have problems.” He also repeated his promise to cut the budget deficit, forecast to hit $1.8 trillion this year, in half by the end of his first term. “If my proposals are adopted, then not only are we cutting the deficit in half compared to where it would be if we didn’t do anything, but we’re also going to be able to raise revenue on people making over $250,000 a year in a modest way,” he said. “That helps close the deficit.” Fiscal discipline that leads to lower budget deficits is important, Obama said, to ensure investors around the world keep buying U.S. government debt. From warning of a “financial catastrophe” some short months ago, we are now being told that: Robust economic growth will cover government spending increases 5% of working Americans will cover the tab for the other 95% New spending on health care, education and the environment will spur economic growth Deficits will be cut in half to only $1 trillion a year Fiscal discipline will cause investors to lust after U.S. debt securities News like this is almost enough to make one believe that the recent 40% gain in stock prices is just the beginning of new wealth creation for investors. Before rushing into a 100% long position with your portfolio, consider some of the potential headwinds that the President’s magic scenario will face. Past decades in the U.S. have been distinguished by slow economic growth (despite huge credit stimulus), stagnate or declining real incomes and a massive increase in the debt burden on every sector of the economy. In addition, Americans have seen their major asset categories - stocks and real estate - vaporized by multi trillion dollar losses. Median Household Incomes Fell in 94% of the States- 1999-2005 Decline In Purchasing Power US $ Conclusion: The national economic trends of past decades are: Lower incomes Staggering increases in debt Dramatic decreases in savings The destruction of our manufacturing base A 90% decline in the purchasing value of our currency If the President can reverse these trends, I say change the Constitution and give him 40 more years in office! What a stupid hack........ These hacks write rubbish! .. http://en.wikipedia.org/wiki/Aldi S. ABC, you prove again why communisim has failed in very country that tried it! Thanks. William Visit: www.caribbeanrealty.ca www.casablancacabarete.com |
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