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Started by charlenecofer
Wed, 08 Oct 2008 04:56
If OBAMA gets elected.. the Stock Market will crash
Author: charlenecofer
Date: Wed, 08 Oct 2008 04:56
Date: Wed, 08 Oct 2008 04:56
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If OBAMA gets elected.. the Stock Market will crash
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Jean Smith
Date: Wed, 08 Oct 2008 05:44
Date: Wed, 08 Oct 2008 05:44
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In article <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, charlenecofer@excite.com wrote: > If OBAMA gets elected.. the Stock Market will crash That is getting harder and harder to do. Wouldn't Warren Buffett be bailing out on him? See Charlie Rose Show last week. -- C-SPAN3? http://inside.c-spanarchives.org:8080/cspan/schedule.csp? http://www.cnn.com/2008/POLITICS/09/23/paul.bailout/index.html http://www.sciencefriday.com/ http://www.backyardnature.net/rabbits.htm Oops: http://openthread.dailykos.com/storyonly/2008/9/24/193352/735/868/609334
Re: If OBAMA gets elected.. the Stock Market will crash
Author: green lantern
Date: Wed, 08 Oct 2008 05:58
Date: Wed, 08 Oct 2008 05:58
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Jean Smith wrote: > In article > <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, > charlenecofer@excite.com wrote: > > > If OBAMA gets elected.. the Stock Market will crash McCain: Well, thank you, Tom. And I think what I don't know is what all of us don't know, and that's what's going to happen both here at home and abroad. The challenges that we face are unprecedented. Americans are hurting tonight in a way they have not in our generation. There are challenges around the world that are new and different and there will be different -- we will be talking about countries sometime in the future that we hardly know where they are on the map, some Americans. So what I don't know is what the unexpected will be. But I have spent my whole life serving this country. I grew up in a family where my father was gone most of the time because he was at sea and doing our country's business. My mother basically raised our family. I know what it's like in dark times. I know what it's like to have to fight to keep one's hope going through difficult times. I know what it's like to rely on others for support and courage and love in tough times. I know what it's like to have your comrades reach out to you and your neighbors and your fellow citizens and pick you up and put you back in the fight. That's what America's all about. I believe in this country. I believe in its future. I believe in its greatness. It's been my great honor to serve it for many, many years. And I'm asking the American people to give me another opportunity and I'll rest on my record, but I'll also tell you, when times are tough, we need a steady hand at the tiller and the great honor of my life was to always put my country first. -- not too random uselessnet weirdness: Bill Shatzer wrote: "And over 4,000 Americans have paid with their lives for that little adventure. Plus a half a trillion dollars in national treasure You might compare that with the number of lives lost on 9-11. Or the economic injury incurred from that event. It would have been cheaper in both lives and money to just suffer another 9-11 every six or seven years. Peace and justice," Baxter blurts out a plaintive call for Viagra: "At my age, I don't need balls. I'm done with the procreation stuff." WhorresD gets politically bipolar: "I like McCain's plain speaking way, to the point, no punches pulled. I would trust McCain to do the right thing, I think that he's a truthful person, with his heart in the right place." Dog shit McAfee expresses his Marxism: "Capitalism has never worked."
Re: If OBAMA gets elected.. the Stock Market will crash
Author: John A. Weeks III
Date: Wed, 08 Oct 2008 11:36
Date: Wed, 08 Oct 2008 11:36
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In article <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, charlenecofer@excite.com wrote: > If OBAMA gets elected.. the Stock Market will crash Don't you mean that if George W Bush gets elected, the market will take a major dive? By the time Mr. Obama gets in office, the market will be so low that he will get the credit for the subsequent 3000 point recovery. -john- -- ====================================================================== John A. Weeks III � � � � � 612-720-2854 � � � � � �john@johnweeks.com Newave Communications � � � � � � � � � � � � http://www.johnweeks.com ======================================================================
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Scott
Date: Wed, 08 Oct 2008 14:51
Date: Wed, 08 Oct 2008 14:51
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On Wed, 08 Oct 2008 06:36:34 -0500, "John A. Weeks III" <john@johnweeks.com> wrote: >In article ><18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, > charlenecofer@excite.com wrote: > >> If OBAMA gets elected.. the Stock Market will crash > >Don't you mean that if George W Bush gets elected, the market >will take a major dive? Not just the market, but the entire damn economy crumbled under Bush and his deregulation cronies. >By the time Mr. Obama gets in office, >the market will be so low that he will get the credit for the >subsequent 3000 point recovery. Exactly...kind of the same way Reagan got credit for the Berlin Wall coming down and the fall of the Russian economy...right place, right time. . . - Scott Smith: scott.smith@iphouse.com MySpace: http://www.myspace.com/choppersmith
Re: If OBAMA gets elected.. the Stock Market will crash
Author: WDS
Date: Wed, 08 Oct 2008 15:17
Date: Wed, 08 Oct 2008 15:17
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On Oct 8, 9:51 am, Scott <scott.sm...@iphouse.com> wrote: > On Wed, 08 Oct 2008 06:36:34 -0500, "John A. Weeks III" > > <j...@johnweeks.com> wrote: > >In article > ><18fadf86-a474-43f0-9bd7-6cedc9a62...@n33g2000pri.googlegroups.com>, > > charleneco...@excite.com wrote: > > >> If OBAMA gets elected.. the Stock Market will crash > > >Don't you mean that if George W Bush gets elected, the market > >will take a major dive? > > Not just the market, but the entire damn economy crumbled under > Bush and his deregulation cronies. > > >By the time Mr. Obama gets in office, > >the market will be so low that he will get the credit for the > >subsequent 3000 point recovery. > > Exactly...kind of the same way Reagan got credit for the Berlin > Wall coming down and the fall of the Russian economy...right place, > right time. The economy, and heck the world, just lurches along at its own pace. Specific government actions can trim off the peaks and thus fill in the valleys a bit, or the reverse, but overall nothing they do will stop the cyclical nature of these things. Whoever is in power at the time good things happen takes credit and blames the bad things on the previous guys. The guys out of power do the reverse. Only partisans, and idiots, actually believe them. This is the 3rd or 4th stock market "crash" I've been through (let's see, 73, 87, 00, now) and nothing has changed. The current administration definitely pushed to get the peak higher and thus the resulting valley vastly lower.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: WDS
Date: Wed, 08 Oct 2008 15:18
Date: Wed, 08 Oct 2008 15:18
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On Oct 7, 11:56 pm, charleneco...@excite.com wrote: > If OBAMA gets elected.. the Stock Market will crash Given the current market I guess Obama has already been elected then?
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Scott
Date: Wed, 08 Oct 2008 15:42
Date: Wed, 08 Oct 2008 15:42
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On Wed, 8 Oct 2008 08:18:24 -0700 (PDT), WDS <Bill@seurer.net> wrote: >On Oct 7, 11:56�pm, charleneco...@excite.com wrote: >> >> If OBAMA gets elected.. the Stock Market will crash > >Given the current market I guess Obama has already been elected then? No, but at this point it's almost a done deal that he will be the next one elected to start fixing things. . . - Scott Smith: scott.smith@iphouse.com MySpace: http://www.myspace.com/choppersmith
Re: If OBAMA gets elected.. the Stock Market will crash
Author: green lantern
Date: Wed, 08 Oct 2008 16:28
Date: Wed, 08 Oct 2008 16:28
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John A. Weeks III wrote: > In article > <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, > charlenecofer@excite.com wrote: > >> If OBAMA gets elected.. the Stock Market will crash > > Don't you mean that if George W Bush gets elected, the market > will take a major dive? I'm sorry, but he's not running for office this time. Try again when you've reviewed reality. -- not too random uselessnet weirdness: Bill Shatzer wrote: "And over 4,000 Americans have paid with their lives for that little adventure. Plus a half a trillion dollars in national treasure You might compare that with the number of lives lost on 9-11. Or the economic injury incurred from that event. It would have been cheaper in both lives and money to just suffer another 9-11 every six or seven years. Peace and justice," Baxter blurts out a plaintive call for Viagra: "At my age, I don't need balls. I'm done with the procreation stuff." WhorresD gets politically bipolar: "I like McCain's plain speaking way, to the point, no punches pulled. I would trust McCain to do the right thing, I think that he's a truthful person, with his heart in the right place." Dog shit McAfee expresses his Marxism: "Capitalism has never worked."
Re: If OBAMA gets elected.. the Stock Market will crash
Author: green lantern
Date: Wed, 08 Oct 2008 16:30
Date: Wed, 08 Oct 2008 16:30
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Scott wrote:
> On Wed, 08 Oct 2008 06:36:34 -0500, "John A. Weeks III"
> <john@johnweeks.com> wrote:
>
>> In article
>> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>,
>> charlenecofer@excite.com wrote:
>>
>>> If OBAMA gets elected.. the Stock Market will crash
>> Don't you mean that if George W Bush gets elected, the market
>> will take a major dive?
>
> Not just the market, but the entire damn economy crumbled under
> Bush and his deregulation cronies.
Sorry, you missed the real causes:
Publication:IBD; Date:Sep 29, 2008; Section:Front Page; Page Number:A1
UNCOMMON KNOWLEDGE
Saddest Thing About This Mess: Congress Had Chance To Stop It
Political full-court press by Dems kept reforms of errant banks at bay
What Caused The Loan Crisis? FIFTH IN A SERIES
BY TERRY JONES INVESTOR'S BUSINESS DAILY
Could the crisis at Fannie Mae-Freddie Mac and the subprime meltdown
have been avoided?
The answer is yes.
As early as 1992, alarm bells were going off on the threat Fannie
and Freddie posed to our financial system and our economy. Intervention
at any point could have staved off today�s crisis. But Democrats in
Congress stood in the way.
As the president recently said, Democrats have been �resisting any
efforts by Republicans in the Congress or by me . . . to put some
standards and tighten up a little on Fannie Mae and Freddie Mac.�
No, it wasn�t President Bush who said that; it was President
Clinton, Democrat, speaking just last week.
Interesting, because it was his administration�s relentless focus
on multiculturalism that led to looser lending standards and regulatory
pressure on banks to make mortgage loans to shaky borrowers.
Freddie and Fannie, backed by an �implicit� taxpayer guarantee,
bought hundreds of billions of dollars of those subprime loans.
The mortgage giants, whose executive suites were top-heavy with
former Democratic officials (and some Republicans), worked with Wall
Street to repackage the bad loans and sell them to investors.
As the housing market continued to fall in 2007, subprime loan
portfolios suffered major losses. The crisis was on � though it was 15
years in the making.
Democrats Blocked Reform
Just as Republicans got blamed for Enron, WorldCom and other
early-2000s scandals that were actually due to the anything-goes Clinton
era, the media are now blaming them for the mortgage meltdown.
But Republicans tried repeatedly to bring fiscal sanity to Fannie
and Freddie. Democrats opposed them, especially Sen. Chris Dodd and Rep.
Barney Frank, who now run Congress� key banking panels.
History is utterly clear on this.
After Treasury Secretary Lawrence Summers warned Congress in 1999
of the �systemic risk� posed by Fannie and Freddie, Congress held
hearings the next year.
But nothing was done. Why? Fannie and Freddie had donated millions
to key congressmen and radical groups, ensuring no meaningful changes
would take place.
�We manage our political risk with the same intensity that we
manage our credit and interest rate risks,� Fannie CEO Franklin Raines,
a former Clinton official and current Barack Obama adviser, bragged to
investors in 1999.
In November 2000, Clinton�s HUD hailed �new regulations to provide
$2.4 trillion in mortgages for affordable housing for 28.1 million
families.� It made Fannie and Freddie take part in the biggest federal
expansion of housing aid ever.
Soon after taking office, Bush had his hands full with the Clinton
recession and 9/11. But by 2003, he proposed what the New York Times
called �the most significant regulatory overhaul in the housing finance
industry since the savings and loan crisis a decade ago.�
The plan included a new regulator for Fannie and Freddie, one that
could boost capital mandates and look at how they managed risk.
Even after regulators in 2003 uncovered a scheme by Fannie and
Freddie executives to overstate earnings by $10.6 billion to boost
bonuses, Democrats killed reform.
�Fannie Mae and Freddie Mac are not facing any kind of financial
crisis,� said Rep. Frank, then-ranking Democrat on the Financial
Services Committee.
North Carolina Democrat Melvin Watt accused the White House of
�weakening the bargaining power of poorer families and their ability to
get affordable housing.�
In 2005, then-Fed Chairman Alan Greenspan told Congress: �We are
placing the total financial system of the future at substantial risk.�
McCain Urged Changes
That year, Sen. John McCain, one of three sponsors of a
Fannie-Freddie reform bill, said: �If Congress does not act, American
taxpayers will continue to be exposed to the enormous risk that Fannie
Mae and Freddie Mac pose to the housing market, the overall financial
system and the economy as a whole.�
Sen. Harry Reid � now Majority Leader � accused the GOP of trying
to �cripple the ability of Fannie Mae and Freddie Mac to carry out their
mission of expanding homeownership.�
The bill went nowhere.
This year, the media have repeated Democrats� talking points about
this being a �Republican� disaster. Well, McCain has repeatedly called
for reforming the mortgage giants. The White House has repeatedly warned
Congress. This year alone, Bush urged reform 17 times.
Some GOP members are complicit. But Fannie and Freddie were created
by Democrats, regulated by Democrats, largely run by Democrats and
protected by Democrats.
That�s why taxpayers are now being asked for $700 billion.
>> By the time Mr. Obama gets in office,
>> the market will be so low that he will get the credit for the
>> subsequent 3000 point recovery.
>
> Exactly...kind of the same way Reagan got credit for the Berlin
> Wall coming down and the fall of the Russian economy...right place,
> right time.
Was his SDI program "right place right time" also?
Because that's what broke the Russian Bear's back.
--
not too random uselessnet weirdness:
Bill Shatzer wrote:
"And over 4,000 Americans have paid with their lives for that little
adventure. Plus a half a trillion dollars in national treasure
You might compare that with the number of lives lost on 9-11. Or the
economic injury incurred from that event.
It would have been cheaper in both lives and money to just suffer
another 9-11 every six or seven years.
Peace and justice,"
Baxter blurts out a plaintive call for Viagra:
"At my age, I don't need balls. I'm done with the procreation stuff."
WhorresD gets politically bipolar:
"I like McCain's plain speaking way, to the point,
no punches pulled.
I would trust McCain to do the right thing,
I think that he's a truthful person, with his heart in
the right place."
Dog shit McAfee expresses his Marxism:
"Capitalism has never worked."
Re: If OBAMA gets elected.. the Stock Market will crash
Author: green lantern
Date: Wed, 08 Oct 2008 16:30
Date: Wed, 08 Oct 2008 16:30
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WDS wrote: > On Oct 8, 9:51 am, Scott <scott.sm...@iphouse.com> wrote: >> On Wed, 08 Oct 2008 06:36:34 -0500, "John A. Weeks III" >> >> <j...@johnweeks.com> wrote: >>> In article >>> <18fadf86-a474-43f0-9bd7-6cedc9a62...@n33g2000pri.googlegroups.com>, >>> charleneco...@excite.com wrote: >>>> If OBAMA gets elected.. the Stock Market will crash >>> Don't you mean that if George W Bush gets elected, the market >>> will take a major dive? >> Not just the market, but the entire damn economy crumbled under >> Bush and his deregulation cronies. >> >>> By the time Mr. Obama gets in office, >>> the market will be so low that he will get the credit for the >>> subsequent 3000 point recovery. >> Exactly...kind of the same way Reagan got credit for the Berlin >> Wall coming down and the fall of the Russian economy...right place, >> right time. > > The economy, and heck the world, just lurches along at its own pace. > Specific government actions can trim off the peaks and thus fill in > the valleys a bit, or the reverse, but overall nothing they do will > stop the cyclical nature of these things. Whoever is in power at the > time good things happen takes credit and blames the bad things on the > previous guys. The guys out of power do the reverse. Only partisans, > and idiots, actually believe them. This is the 3rd or 4th stock > market "crash" I've been through (let's see, 73, 87, 00, now) and > nothing has changed. > > The current administration definitely pushed to get the peak higher > and thus the resulting valley vastly lower. And they must be responsible for all the GLOBAL markets that have faltered too...right? -- not too random uselessnet weirdness: Bill Shatzer wrote: "And over 4,000 Americans have paid with their lives for that little adventure. Plus a half a trillion dollars in national treasure You might compare that with the number of lives lost on 9-11. Or the economic injury incurred from that event. It would have been cheaper in both lives and money to just suffer another 9-11 every six or seven years. Peace and justice," Baxter blurts out a plaintive call for Viagra: "At my age, I don't need balls. I'm done with the procreation stuff." WhorresD gets politically bipolar: "I like McCain's plain speaking way, to the point, no punches pulled. I would trust McCain to do the right thing, I think that he's a truthful person, with his heart in the right place." Dog shit McAfee expresses his Marxism: "Capitalism has never worked."
Re: If OBAMA gets elected.. the Stock Market will crash
Author: green lantern
Date: Wed, 08 Oct 2008 16:31
Date: Wed, 08 Oct 2008 16:31
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WDS wrote: > On Oct 7, 11:56 pm, charleneco...@excite.com wrote: >> If OBAMA gets elected.. the Stock Market will crash > > Given the current market I guess Obama has already been elected then? The partisan pro-Bama media would have you believe as much... -- not too random uselessnet weirdness: Bill Shatzer wrote: "And over 4,000 Americans have paid with their lives for that little adventure. Plus a half a trillion dollars in national treasure You might compare that with the number of lives lost on 9-11. Or the economic injury incurred from that event. It would have been cheaper in both lives and money to just suffer another 9-11 every six or seven years. Peace and justice," Baxter blurts out a plaintive call for Viagra: "At my age, I don't need balls. I'm done with the procreation stuff." WhorresD gets politically bipolar: "I like McCain's plain speaking way, to the point, no punches pulled. I would trust McCain to do the right thing, I think that he's a truthful person, with his heart in the right place." Dog shit McAfee expresses his Marxism: "Capitalism has never worked."
Re: If OBAMA gets elected.. the Stock Market will crash
Author: green lantern
Date: Wed, 08 Oct 2008 16:32
Date: Wed, 08 Oct 2008 16:32
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Scott wrote: > On Wed, 8 Oct 2008 08:18:24 -0700 (PDT), WDS <Bill@seurer.net> wrote: > >> On Oct 7, 11:56 pm, charleneco...@excite.com wrote: >>> If OBAMA gets elected.. the Stock Market will crash >> Given the current market I guess Obama has already been elected then? > > > No, but at this point it's almost a done deal that he will be the > next one elected to start fixing things. Here's a hint - raising taxes in a global recession won't fix a damned thing, you moron. If you like economic pain Nobama and the Dems will give you four years of masochism. -- not too random uselessnet weirdness: Bill Shatzer wrote: "And over 4,000 Americans have paid with their lives for that little adventure. Plus a half a trillion dollars in national treasure You might compare that with the number of lives lost on 9-11. Or the economic injury incurred from that event. It would have been cheaper in both lives and money to just suffer another 9-11 every six or seven years. Peace and justice," Baxter blurts out a plaintive call for Viagra: "At my age, I don't need balls. I'm done with the procreation stuff." WhorresD gets politically bipolar: "I like McCain's plain speaking way, to the point, no punches pulled. I would trust McCain to do the right thing, I think that he's a truthful person, with his heart in the right place." Dog shit McAfee expresses his Marxism: "Capitalism has never worked."
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Scott
Date: Wed, 08 Oct 2008 18:53
Date: Wed, 08 Oct 2008 18:53
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On Wed, 08 Oct 2008 10:32:29 -0600, green lantern <no@evil.escapes> wrote: >Scott wrote: >> On Wed, 8 Oct 2008 08:18:24 -0700 (PDT), WDS <Bill@seurer.net> wrote: >> >>> On Oct 7, 11:56 pm, charleneco...@excite.com wrote: >>>> If OBAMA gets elected.. the Stock Market will crash >>> Given the current market I guess Obama has already been elected then? >> >> >> No, but at this point it's almost a done deal that he will be the >> next one elected to start fixing things. > >Here's a hint - raising taxes in a global recession won't fix a damned >thing, you moron. If taxes are raised for the right people/companies, and left alone or lowered for the average American, it certainly won't hurt. >If you like economic pain Nobama and the Dems will give you four years >of masochism. It's not going to hurt me, I'm not in the top 10% of the income bracket in this country. In fact, I may actually see a reduction in my taxes if Obama gets elected. That I can live with. . . - Scott Smith: scott.smith@iphouse.com MySpace: http://www.myspace.com/choppersmith
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Scott
Date: Wed, 08 Oct 2008 18:53
Date: Wed, 08 Oct 2008 18:53
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On Wed, 08 Oct 2008 10:31:18 -0600, green lantern <no@evil.escapes> wrote: >WDS wrote: >> On Oct 7, 11:56 pm, charleneco...@excite.com wrote: >> >>> If OBAMA gets elected.. the Stock Market will crash >> >> Given the current market I guess Obama has already been elected then? > >The partisan pro-Bama media would have you believe as much... Only because it is looking more likely every day now. . . - Scott Smith: scott.smith@iphouse.com MySpace: http://www.myspace.com/choppersmith
Re: If OBAMA gets elected.. the Stock Market will crash
Author: junk bonds
Date: Wed, 08 Oct 2008 19:25
Date: Wed, 08 Oct 2008 19:25
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Scott wrote: > On Wed, 08 Oct 2008 10:32:29 -0600, green lantern <no@evil.escapes> > wrote: > >> Scott wrote: >>> On Wed, 8 Oct 2008 08:18:24 -0700 (PDT), WDS <Bill@seurer.net> wrote: >>> >>>> On Oct 7, 11:56 pm, charleneco...@excite.com wrote: >>>>> If OBAMA gets elected.. the Stock Market will crash >>>> Given the current market I guess Obama has already been elected then? >>> >>> No, but at this point it's almost a done deal that he will be the >>> next one elected to start fixing things. >> Here's a hint - raising taxes in a global recession won't fix a damned >> thing, you moron. > > If taxes are raised for the right people/companies, and left alone or > lowered for the average American, it certainly won't hurt. You're so breathtakingly idiotic it just defies comprehension. ANY tax hikes during a deep recession are economy killers, period. Further: http://online.wsj.com MAY 20, 2008 You Can't Soak the Rich Kurt Hauser is a San Francisco investment economist who, 15 years ago, published fresh and eye-opening data about the federal tax system. His findings imply that there are draconian constraints on the ability of tax-rate increases to generate fresh revenues. I think his discovery deserves to be called Hauser's Law, because it is as central to the economics of taxation as Boyle's Law is to the physics of gases. Yet economists and policy makers are barely aware of it. Like science, economics advances as verifiable patterns are recognized and codified. But economics is in a far earlier stage of evolution than physics. Unfortunately, it is often poisoned by political wishful thinking, just as medieval science was poisoned by religious doctrine. Taxation is an important example. The interactions among the myriad participants in a tax system are as impossible to unravel as are those of the molecules in a gas, and the effects of tax policies are speculative and highly contentious. Will increasing tax rates on the rich increase revenues, as Barack Obama hopes, or hold back the economy, as John McCain fears? Or both? Mr. Hauser uncovered the means to answer these questions definitively. On this page in 1993, he stated that "No matter what the tax rates have been, in postwar America tax revenues have remained at about 19.5% of GDP." What a pity that his discovery has not been more widely disseminated. The chart nearby, updating the evidence to 2007, confirms Hauser's Law. The federal tax "yield" (revenues divided by GDP) has remained close to 19.5%, even as the top tax bracket was brought down from 91% to the present 35%. This is what scientists call an "independence theorem," and it cuts the Gordian Knot of tax policy debate. The data show that the tax yield has been independent of marginal tax rates over this period, but tax revenue is directly proportional to GDP. So if we want to increase tax revenue, we need to increase GDP. What happens if we instead raise tax rates? Economists of all persuasions accept that a tax rate hike will reduce GDP, in which case Hauser's Law says it will also lower tax revenue. That's a highly inconvenient truth for redistributive tax policy, and it flies in the face of deeply felt beliefs about social justice. It would surely be unpopular today with those presidential candidates who plan to raise tax rates on the rich � if they knew about it. Although Hauser's Law sounds like a restatement of the Laffer Curve (and Mr. Hauser did cite Arthur Laffer in his original article), it has independent validity. Because Mr. Laffer's curve is a theoretical insight, theoreticians find it easy to quibble with. Test cases, where the economy responds to a tax change, always lend themselves to many alternative explanations. Conventional economists, despite immense publicity, have yet to swallow the Laffer Curve. When it is mentioned at all by critics, it is often as an object of scorn. Because Mr. Hauser's horizontal straight line is a simple fact, it is ultimately far more compelling. It also presents a major opportunity. It seems likely that the tax system could maintain a 19.5% yield with a top bracket even lower than 35%. What makes Hauser's Law work? For supply-siders there is no mystery. As Mr. Hauser said: "Raising taxes encourages taxpayers to shift, hide and underreport income. . . . Higher taxes reduce the incentives to work, produce, invest and save, thereby dampening overall economic activity and job creation." Putting it a different way, capital migrates away from regimes in which it is treated harshly, and toward regimes in which it is free to be invested profitably and safely. In this regard, the capital controlled by our richest citizens is especially tax-intolerant. The economics of taxation will be moribund until economists accept and explain Hauser's Law. For progress to be made, they will have to face up to it, reconcile it with other facts, and incorporate it within the body of accepted knowledge. And if this requires overturning existing doctrine, then so be it. >> If you like economic pain Nobama and the Dems will give you four years >> of masochism. > > It's not going to hurt me, I'm not in the top 10% of the income > bracket in this country. It is going to hurt EVERY SINGLE AMERICAN IN EVERY TAX BRACKET ! > In fact, I may actually see a reduction in my taxes if Obama gets > elected. That I can live with. Any tax reduction you may receive will pale by comparison to the almost certain income penalty and retirement account drop you will suffer as a result of upending the entire economy in a deep recession. You are very, very stupid.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: junk bonds
Date: Wed, 08 Oct 2008 19:26
Date: Wed, 08 Oct 2008 19:26
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Scott wrote: > On Wed, 08 Oct 2008 10:31:18 -0600, green lantern <no@evil.escapes> > wrote: > >> WDS wrote: >>> On Oct 7, 11:56 pm, charleneco...@excite.com wrote: >>> >>>> If OBAMA gets elected.. the Stock Market will crash >>> Given the current market I guess Obama has already been elected then? >> The partisan pro-Bama media would have you believe as much... > > > Only because it is looking more likely No, only because THEY elevated him into contention, learn something, fool: http://www.mrc.org/SpecialReports/2008/obama/obama.asp Obama�s Margin of Victory: The Media How Barack Obama Could Not Have Won the Democratic Nomination Without ABC, CBS and NBC By Rich Noyes MRC Research Director On August 28, when the junior Senator from Illinois accepts his party�s nomination to be the next President of the United States, Barack Obama may wish to spend a few moments thanking network news reporters for making the whole night possible. Since the launch of Obama�s national political career at the Democratic convention four years ago, the Big Three broadcast networks have showered Obama with positive � even glowing � news coverage, protected the candidate from the attacks of his rivals, and shown little interest in investigating Obama�s past associations or exploring the controversies that could have threatened his campaign. These are the key findings of an exhaustive analysis of ABC, CBS and NBC evening news coverage of Barack Obama � every story, every soundbite, every mention � through the end of the Democratic primaries in June. Media Research Center analysts examined every reference to Obama on the three evening broadcasts, and found a near-absence of the journalistic scrutiny and skepticism normally associated with coverage of national politicians. Indeed, much of the coverage � particularly prior to the formal start of Obama�s presidential campaign in early 2007 � bordered on giddy celebration of a rising political "rock star" rather than objective newsgathering. That the national media have unfairly tipped the scales in Obama�s direction is a fact not lost on the public. The Pew Research Center surveyed about 1,000 adults in late May, and reported that "far more Americans believe that the press coverage has favored Barack Obama than think it has favored Hillary Clinton," with even 35 percent of Democrats seeing "a pro-Obama bias." A Rasmussen survey of 1,000 likely voters released July 21 discovered "49 percent of voters believe that in the general election, most reporters will try to help Obama with their coverage" while "just one voter in four (24%) believes that most reporters will try to offer unbiased coverage." And a Fox News/Opinion Dynamics poll of 900 registered voters released July 24 discovered six times as many think "most members of the media" want Obama to win rather than McCain. According to an article posted on FoxNews.com, "Only about 1 in 10 (11 percent) volunteers the belief that the media is neutral on the race to become the 44th President of the United States....When asked to rate the objectivity of media coverage of the campaigns, Americans feel Obama gets more of a positive spin by a better than 7-to-1 margin (46 percent more positive toward Obama; 6 percent more positive toward McCain)." The public believes the media are tilted towards Obama because of the biased performance they witnessed during this year�s primaries. NBC News correspondent Lee Cowan, the reporter assigned to cover the Obama campaign full time during the primaries, admitted in an interview in early January that he felt pulled in Obama�s direction: "From a reporter�s point of view, it�s almost hard to remain objective because it�s infectious, the energy, I think. It sort of goes against your core to say that as a reporter, but the crowds have gotten so much bigger, his energy has gotten stronger. He feeds off that." Weeks later, Cowan told the New York Times� Jacques Steinberg that it was "hard not to drink the Kool-Aid" surrounding Obama: "Even in the conversations we have as colleagues, there is a sense of trying especially hard not to drink the Kool-Aid. It�s so rapturous, everything around him. All these huge rallies." On CNN�s Reliable Sources on January 13, Washington Post media writer Howard Kurtz asked a former Washington Post editor, The Politico�s John Harris, whether he thought "journalists are rooting for the Obama story." Harris referred back to his time at the Post: "A couple years ago, you would send a reporter out with Obama, and it was like they needed to go through detox when they came back � �Oh, he�s so impressive, he�s so charismatic,� and we�re kind of like, �Down, boy.�" Anchoring news coverage of Democratic primaries on February 12, MSNBC�s Chris Matthews famously confessed after listening to an Obama victory speech, "I felt this thrill going up my leg. I mean, I don�t have that too often." To assess the degree to which journalists� infatuation with Obama contaminated daily news coverage, MRC analysts used our own News Tracking System (NTS) software and Nexis to locate every story mentioning Obama on ABC�s World News, the CBS Evening News and NBC Nightly News from the time Obama emerged on the national stage (the first evening news story mentioning Obama aired on May 17, 2000) through June 6, 2008, the last broadcast before Hillary Clinton formally exited the Democratic race, cementing Obama�s nomination. The three evening news broadcasts may not be able to tout the high ratings of a generation ago, but together averaged more than 23 million combined viewers from January through early June of this year, far more than their cable news competitors. And unlike the news junkies who flock to the 24/7 cable outlets, the typical broadcast evening news viewer spends less of their day devouring campaign news, which makes them consequently more likely to be influenced by the information and images they receive from these programs. Analysts found a total of 1,365 news stories and interviews offering at least some discussion of Obama. About two-fifths of these (550) were full reports that focused exclusively, or nearly so, on Obama. Another 170 items (about 12% of the total) were brief, anchor-read items that also focused on Obama. Just under half of the total (645, or 47%) were full reports or interviews that included either mentions of or soundbites from Obama, but did not focus on him. Examples of stories included in this group are: items about the congressional debate over Iraq in early 2007 which quoted Obama along with many other senators; stories about candidate debates where Obama was one talking head among many; or stories about any of his Democratic (or Republican) rivals which included some comments directed at Obama himself. These stories, about 30 percent of which conveyed a distinctly positive or negative spin about the candidate (more about how we determined a story�s spin shortly), were included in the sample to ensure a complete portrait of network news coverage of Obama. NBC and ABC aired the most total stories (490 and 464 respectively), with the CBS Evening News a fairly distant third with 411 stories. As far as stories that focused mainly on Obama, ABC (194) and NBC (198) were practically tied, with CBS again lagging (158 stories). The NBC Nightly News aired the most stories with minor discussion of Obama (249), followed by ABC�s World News (222) and CBS (174). The remainder were brief items read by the news anchor; the CBS Evening News � which had a regular "Campaign Notebook" segment of short items � aired the most such stories (74), followed by ABC (48) and NBC (43).
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Scott
Date: Wed, 08 Oct 2008 20:10
Date: Wed, 08 Oct 2008 20:10
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On Wed, 08 Oct 2008 13:25:09 -0600, junk bonds <ju@nk.moody> wrote: >Scott wrote: >> On Wed, 08 Oct 2008 10:32:29 -0600, green lantern <no@evil.escapes> >> wrote: >> >>> Scott wrote: >>>> On Wed, 8 Oct 2008 08:18:24 -0700 (PDT), WDS <Bill@seurer.net> wrote: >>>> >>>>> On Oct 7, 11:56 pm, charleneco...@excite.com wrote: >>>>>> If OBAMA gets elected.. the Stock Market will crash >>>>> Given the current market I guess Obama has already been elected then? >>>> >>>> No, but at this point it's almost a done deal that he will be the >>>> next one elected to start fixing things. >>> Here's a hint - raising taxes in a global recession won't fix a damned >>> thing, you moron. >> >> If taxes are raised for the right people/companies, and left alone or >> lowered for the average American, it certainly won't hurt. > >You're so breathtakingly idiotic it just defies comprehension. > >ANY tax hikes during a deep recession are economy killers, period. No, not true. There is no academic study in the world that suggests that tax cuts for the wealthy and powerful lead to greater economic prosperity. And there is no evidence in academic literature that lowering tax rates somehow will generate greater economic output and magically end up paying for itself without creating greater deficits. Bush's tax cuts resulted in turning a Clinton $250 billion annual surplus into a $500 billion-plus annual deficit. Talk about an "economy killer"! . . - Scott Smith: scott.smith@iphouse.com MySpace: http://www.myspace.com/choppersmith
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Scott
Date: Wed, 08 Oct 2008 20:18
Date: Wed, 08 Oct 2008 20:18
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On Wed, 08 Oct 2008 13:26:32 -0600, junk bonds <ju@nk.moody> wrote: >Scott wrote: >> On Wed, 08 Oct 2008 10:31:18 -0600, green lantern <no@evil.escapes> >> wrote: >> >>> WDS wrote: >>>> On Oct 7, 11:56 pm, charleneco...@excite.com wrote: >>>> >>>>> If OBAMA gets elected.. the Stock Market will crash >>>> Given the current market I guess Obama has already been elected then? >>> The partisan pro-Bama media would have you believe as much... >> >> >> Only because it is looking more likely > >No, only because THEY elevated him into contention, learn something, fool: > >http://www.mrc.org/SpecialReports/2008/obama/obama.asp It's impossible to learn anything from a biased source like the Media Research Center...a well known right wing organization. http://en.wikipedia.org/wiki/Media_Research_Center The Media Research Center has been discredited long ago as being nothing more than a right wing propaganda machine. http://www.fair.org/index.php?page=1972 I hope YOU learned something.....fool. ;-) . . - Scott Smith: scott.smith@iphouse.com MySpace: http://www.myspace.com/choppersmith
Re: If OBAMA gets elected.. the Stock Market will crash
Author: junk bonds
Date: Wed, 08 Oct 2008 20:31
Date: Wed, 08 Oct 2008 20:31
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Scott wrote: > On Wed, 08 Oct 2008 13:25:09 -0600, junk bonds <ju@nk.moody> wrote: > >> Scott wrote: >>> On Wed, 08 Oct 2008 10:32:29 -0600, green lantern <no@evil.escapes> >>> wrote: >>> >>>> Scott wrote: >>>>> On Wed, 8 Oct 2008 08:18:24 -0700 (PDT), WDS <Bill@seurer.net> wrote: >>>>> >>>>>> On Oct 7, 11:56 pm, charleneco...@excite.com wrote: >>>>>>> If OBAMA gets elected.. the Stock Market will crash >>>>>> Given the current market I guess Obama has already been elected then? >>>>> No, but at this point it's almost a done deal that he will be the >>>>> next one elected to start fixing things. >>>> Here's a hint - raising taxes in a global recession won't fix a damned >>>> thing, you moron. >>> If taxes are raised for the right people/companies, and left alone or >>> lowered for the average American, it certainly won't hurt. >> You're so breathtakingly idiotic it just defies comprehension. >> >> ANY tax hikes during a deep recession are economy killers, period. > > No, not true. Yes, completely true. Google: Hoover + Depression. > There is no academic study in the world that suggests that tax > cuts for the wealthy and powerful lead to greater economic > prosperity. Sure there is, I posted it and you deleted it, coward. > And there is no evidence in academic literature > that lowering tax rates somehow will generate greater economic > output and magically end up paying for itself without creating > greater deficits. You're lying again. http://online.wsj.com OPINION MAY 20, 2008 You Can't Soak the Rich By DAVID RANSONArticle more in Opinion �Email Printer Friendly Share: Yahoo Buzz MySpace Digg Text Size Kurt Hauser is a San Francisco investment economist who, 15 years ago, published fresh and eye-opening data about the federal tax system. His findings imply that there are draconian constraints on the ability of tax-rate increases to generate fresh revenues. I think his discovery deserves to be called Hauser's Law, because it is as central to the economics of taxation as Boyle's Law is to the physics of gases. Yet economists and policy makers are barely aware of it. Like science, economics advances as verifiable patterns are recognized and codified. But economics is in a far earlier stage of evolution than physics. Unfortunately, it is often poisoned by political wishful thinking, just as medieval science was poisoned by religious doctrine. Taxation is an important example. The interactions among the myriad participants in a tax system are as impossible to unravel as are those of the molecules in a gas, and the effects of tax policies are speculative and highly contentious. Will increasing tax rates on the rich increase revenues, as Barack Obama hopes, or hold back the economy, as John McCain fears? Or both? Mr. Hauser uncovered the means to answer these questions definitively. On this page in 1993, he stated that "No matter what the tax rates have been, in postwar America tax revenues have remained at about 19.5% of GDP." What a pity that his discovery has not been more widely disseminated. The chart nearby, updating the evidence to 2007, confirms Hauser's Law. The federal tax "yield" (revenues divided by GDP) has remained close to 19.5%, even as the top tax bracket was brought down from 91% to the present 35%. This is what scientists call an "independence theorem," and it cuts the Gordian Knot of tax policy debate. The data show that the tax yield has been independent of marginal tax rates over this period, but tax revenue is directly proportional to GDP. So if we want to increase tax revenue, we need to increase GDP. What happens if we instead raise tax rates? Economists of all persuasions accept that a tax rate hike will reduce GDP, in which case Hauser's Law says it will also lower tax revenue. That's a highly inconvenient truth for redistributive tax policy, and it flies in the face of deeply felt beliefs about social justice. It would surely be unpopular today with those presidential candidates who plan to raise tax rates on the rich � if they knew about it. Although Hauser's Law sounds like a restatement of the Laffer Curve (and Mr. Hauser did cite Arthur Laffer in his original article), it has independent validity. Because Mr. Laffer's curve is a theoretical insight, theoreticians find it easy to quibble with. Test cases, where the economy responds to a tax change, always lend themselves to many alternative explanations. Conventional economists, despite immense publicity, have yet to swallow the Laffer Curve. When it is mentioned at all by critics, it is often as an object of scorn. Because Mr. Hauser's horizontal straight line is a simple fact, it is ultimately far more compelling. It also presents a major opportunity. It seems likely that the tax system could maintain a 19.5% yield with a top bracket even lower than 35%. What makes Hauser's Law work? For supply-siders there is no mystery. As Mr. Hauser said: "Raising taxes encourages taxpayers to shift, hide and underreport income. . . . Higher taxes reduce the incentives to work, produce, invest and save, thereby dampening overall economic activity and job creation." Putting it a different way, capital migrates away from regimes in which it is treated harshly, and toward regimes in which it is free to be invested profitably and safely. In this regard, the capital controlled by our richest citizens is especially tax-intolerant. The economics of taxation will be moribund until economists accept and explain Hauser's Law. For progress to be made, they will have to face up to it, reconcile it with other facts, and incorporate it within the body of accepted knowledge. And if this requires overturning existing doctrine, then so be it. Presidential candidates, instead of disputing how much more tax to impose on whom, would be better advised to come up with plans for increasing GDP while ridding the tax system of its wearying complexity. That would be a formula for success.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: junk bonds
Date: Wed, 08 Oct 2008 20:40
Date: Wed, 08 Oct 2008 20:40
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Scott wrote: > On Wed, 08 Oct 2008 13:26:32 -0600, junk bonds <ju@nk.moody> wrote: > >> Scott wrote: >>> On Wed, 08 Oct 2008 10:31:18 -0600, green lantern <no@evil.escapes> >>> wrote: >>> >>>> WDS wrote: >>>>> On Oct 7, 11:56 pm, charleneco...@excite.com wrote: >>>>> >>>>>> If OBAMA gets elected.. the Stock Market will crash >>>>> Given the current market I guess Obama has already been elected then? >>>> The partisan pro-Bama media would have you believe as much... >>> >>> Only because it is looking more likely >> No, only because THEY elevated him into contention, learn something, fool: >> >> http://www.mrc.org/SpecialReports/2008/obama/obama.asp > > It's impossible to learn anything from a biased source like > the Media Research Center...a well known right wing > organization. Care to refute the numbers cited? No? You're done. > http://en.wikipedia.org/wiki/Media_Research_Center > > The Media Research Center has been discredited The data cited has not, you LOSE again. Oh, btw, do you find the Washington Post to be a 'biased source" too? LOLOL!!!!! http://www.washingtonpost.com/wp-dyn/content/article/2008/03/02/AR2008030202476.html There was also little pickup when the Politico reported that a decade ago Obama visited Bernardine Dohrn and William Ayers, the 1960s radicals whose Weather Underground group was involved in two dozen bombings. And the issue of Obama's dealings with Rezko all but vanished after a brief flurry until the run-up to his trial, which begins today. Similarly, there was scant media mention of Louis Farrakhan's support for Obama until Tim Russert challenged the senator to repudiate that support at last week's MSNBC debate -- making Russert the target of some liberal bloggers who say he went overboard on the issue. Would Clinton have skated as easily if she were found to have visited radicals tied to violence? Or bought land from an indicted businessman, as in the Rezko case? Or if the pastor of her church had talked about "this racist United States of America," as the Rev. Jeremiah Wright, who heads Obama's church, has? That is hard to imagine. Clinton's complaints about media imbalance are buttressed by a new study from the Center for Media and Public Affairs. From Dec. 16 through Feb. 19, it says, the three network newscasts aired reports that were 84 percent positive for Obama and 53 percent positive for Clinton. She scored higher on evaluations of policy and public performance, but that amounted to only 10 percent of the coverage. On Friday, Clinton spokesman Howard Wolfson told reporters there was a "staggering" gap between the Rezko coverage and the volume of questions he fielded about her indicted fundraiser, Norman Hsu.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: John A. Weeks III
Date: Wed, 08 Oct 2008 23:10
Date: Wed, 08 Oct 2008 23:10
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In article <6l4a3kFake2mU2@mid.individual.net>, green lantern <no@evil.escapes> wrote: > Scott wrote: > > On Wed, 08 Oct 2008 06:36:34 -0500, "John A. Weeks III" > > <john@johnweeks.com> wrote: > > > >> In article > >> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, > >> charlenecofer@excite.com wrote: > >> > >>> If OBAMA gets elected.. the Stock Market will crash > >> Don't you mean that if George W Bush gets elected, the market > >> will take a major dive? > > > > Not just the market, but the entire damn economy crumbled under > > Bush and his deregulation cronies. > > Sorry, you missed the real causes: > > Publication:IBD; Date:Sep 29, 2008; Section:Front Page; Page Number:A1 I'm sorry that you committed a federal crime by reproducing a copyrighted document in its whole without written permission from the copyright holder. So sad you go to jail. -john- -- ====================================================================== John A. Weeks III � � � � � 612-720-2854 � � � � � �john@johnweeks.com Newave Communications � � � � � � � � � � � � http://www.johnweeks.com ======================================================================
Re: If OBAMA gets elected.. the Stock Market will crash
Author: John A. Weeks III
Date: Wed, 08 Oct 2008 23:12
Date: Wed, 08 Oct 2008 23:12
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In article <6l4a3kFake2mU1@mid.individual.net>, green lantern <no@evil.escapes> wrote: > John A. Weeks III wrote: > > In article > > <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, > > charlenecofer@excite.com wrote: > > > >> If OBAMA gets elected.. the Stock Market will crash > > > > Don't you mean that if George W Bush gets elected, the market > > will take a major dive? > > I'm sorry, but he's not running for office this time. Ummmmm, didn't Bush win in 2004? Isn't Bush president this very day? Didn't Bush 41 also cause an economic mess that the Clinton Administration had to clean up? > Try again when you've reviewed reality. Try again when you get a ticket on the clue bus. -john- -- ====================================================================== John A. Weeks III � � � � � 612-720-2854 � � � � � �john@johnweeks.com Newave Communications � � � � � � � � � � � � http://www.johnweeks.com ======================================================================
Re: If OBAMA gets elected.. the Stock Market will crash
Author: eponymous
Date: Wed, 08 Oct 2008 23:38
Date: Wed, 08 Oct 2008 23:38
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John A. Weeks III wrote: > In article <6l4a3kFake2mU1@mid.individual.net>, > green lantern <no@evil.escapes> wrote: > >> John A. Weeks III wrote: >>> In article >>> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, >>> charlenecofer@excite.com wrote: >>> >>>> If OBAMA gets elected.. the Stock Market will crash >>> Don't you mean that if George W Bush gets elected, the market >>> will take a major dive? >> I'm sorry, but he's not running for office this time. > > Ummmmm, didn't Bush win in 2004? Sure did! > Isn't Bush president this > very day? Dang, he surely is! > Didn't Bush 41 also cause an economic mess that > the Clinton Administration had to clean up? Nope. http://en.wikipedia.org/wiki/List_of_recessions Early 1990s recession 1990�1991 - 1 year Industrial production and manufacturing-trade sales decreased in early 1991. But nice try. >> Try again when you've reviewed reality. > > Try again when you get a ticket on the clue bus. http://money.cnn.com/2002/08/07/news/economy/bush_cheney/ The current Bush administration's claim that it inherited a recession from Clinton became somewhat more credible last week, when the Commerce Department revised its estimates of GDP, the broadest measure of economic growth, in the first, second and third quarters of 2001, showing that it shrank in all three quarters.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: John A. Weeks III
Date: Thu, 09 Oct 2008 01:01
Date: Thu, 09 Oct 2008 01:01
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In article <48ed4473$0$30700$7836cce5@newsrazor.net>, eponymous <re@m.or> wrote: > John A. Weeks III wrote: > > In article <6l4a3kFake2mU1@mid.individual.net>, > > green lantern <no@evil.escapes> wrote: > > > >> John A. Weeks III wrote: > >>> In article > >>> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, > >>> charlenecofer@excite.com wrote: > >>> > >>>> If OBAMA gets elected.. the Stock Market will crash > >>> Don't you mean that if George W Bush gets elected, the market > >>> will take a major dive? > >> I'm sorry, but he's not running for office this time. > > > > Ummmmm, didn't Bush win in 2004? > > Sure did! > > > Isn't Bush president this > > very day? > > Dang, he surely is! > > > Didn't Bush 41 also cause an economic mess that > > the Clinton Administration had to clean up? > > Nope. Try looking up "resolution trust", and then post your apology. -john- -- ====================================================================== John A. Weeks III � � � � � 612-720-2854 � � � � � �john@johnweeks.com Newave Communications � � � � � � � � � � � � http://www.johnweeks.com ======================================================================
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Scott Smith
Date: Thu, 09 Oct 2008 01:49
Date: Thu, 09 Oct 2008 01:49
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On Wed, 08 Oct 2008 20:01:57 -0500, "John A. Weeks III" <john@johnweeks.com> wrote: >In article <48ed4473$0$30700$7836cce5@newsrazor.net>, > eponymous <re@m.or> wrote: > >> John A. Weeks III wrote: >> > In article <6l4a3kFake2mU1@mid.individual.net>, >> > green lantern <no@evil.escapes> wrote: >> > >> >> John A. Weeks III wrote: >> >>> In article >> >>> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, >> >>> charlenecofer@excite.com wrote: >> >>> >> >>>> If OBAMA gets elected.. the Stock Market will crash >> >>> Don't you mean that if George W Bush gets elected, the market >> >>> will take a major dive? >> >> I'm sorry, but he's not running for office this time. >> > >> > Ummmmm, didn't Bush win in 2004? >> >> Sure did! >> >> > Isn't Bush president this >> > very day? >> >> Dang, he surely is! >> >> > Didn't Bush 41 also cause an economic mess that >> > the Clinton Administration had to clean up? >> >> Nope. > >Try looking up "resolution trust", and then post your apology. The fact is that the Republican economic policies starting with Ronald Reagan and his "Reaganomics" (i.e. tax cuts for the wealthy, reducing regulations on everything, etc.) were the beginning of the end for our economy. Unless those Republican ways are changed, we are doomed to keep falling deeper and deeper into debt. And yes, Clinton was just a Republican "light" with his economic policies. If it wasn't for the dot.com boom, we would have seen this disaster sooner, IMO. . . - Scott Smith: scott.smith@iphouse.com MySpace: http://www.myspace.com/choppersmith
Re: If OBAMA gets elected.. the Stock Market will crash
Author: eponymous
Date: Thu, 09 Oct 2008 04:11
Date: Thu, 09 Oct 2008 04:11
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John A. Weeks III wrote: > In article <48ed4473$0$30700$7836cce5@newsrazor.net>, > eponymous <re@m.or> wrote: > >> John A. Weeks III wrote: >>> In article <6l4a3kFake2mU1@mid.individual.net>, >>> green lantern <no@evil.escapes> wrote: >>> >>>> John A. Weeks III wrote: >>>>> In article >>>>> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, >>>>> charlenecofer@excite.com wrote: >>>>> >>>>>> If OBAMA gets elected.. the Stock Market will crash >>>>> Don't you mean that if George W Bush gets elected, the market >>>>> will take a major dive? >>>> I'm sorry, but he's not running for office this time. >>> Ummmmm, didn't Bush win in 2004? >> Sure did! >> >>> Isn't Bush president this >>> very day? >> Dang, he surely is! >> >>> Didn't Bush 41 also cause an economic mess that >>> the Clinton Administration had to clean up? >> Nope. > > Try looking up "resolution trust", and then post your apology. > > -john- > Try not deleting the facts and then bend over and get your due, scumbag. http://en.wikipedia.org/wiki/List_of_recessions Early 1990s recession 1990�1991 - 1 year Industrial production and manufacturing-trade sales decreased in early 1991. But nice try.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: eponymous
Date: Thu, 09 Oct 2008 04:12
Date: Thu, 09 Oct 2008 04:12
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Scott Smith wrote: > On Wed, 08 Oct 2008 20:01:57 -0500, "John A. Weeks III" <john@johnweeks.com> wrote: > >> In article <48ed4473$0$30700$7836cce5@newsrazor.net>, >> eponymous <re@m.or> wrote: >> >>> John A. Weeks III wrote: >>>> In article <6l4a3kFake2mU1@mid.individual.net>, >>>> green lantern <no@evil.escapes> wrote: >>>> >>>>> John A. Weeks III wrote: >>>>>> In article >>>>>> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, >>>>>> charlenecofer@excite.com wrote: >>>>>> >>>>>>> If OBAMA gets elected.. the Stock Market will crash >>>>>> Don't you mean that if George W Bush gets elected, the market >>>>>> will take a major dive? >>>>> I'm sorry, but he's not running for office this time. >>>> Ummmmm, didn't Bush win in 2004? >>> Sure did! >>> >>>> Isn't Bush president this >>>> very day? >>> Dang, he surely is! >>> >>>> Didn't Bush 41 also cause an economic mess that >>>> the Clinton Administration had to clean up? >>> Nope. >> Try looking up "resolution trust", and then post your apology. > > > The fact is that http://en.wikipedia.org/wiki/List_of_recessions Early 1990s recession 1990�1991 - 1 year Industrial production and manufacturing-trade sales decreased in early 1991. But nice try.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Gladys
Date: Thu, 09 Oct 2008 14:14
Date: Thu, 09 Oct 2008 14:14
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charlenecofer@excite.com wrote: > If OBAMA gets elected.. the Stock Market will crash > If McCain get elected ... uh... the earth will stop spinning!! Yeah... that's the ticket.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Mars State
Date: Thu, 09 Oct 2008 17:57
Date: Thu, 09 Oct 2008 17:57
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Gladys wrote: > charlenecofer@excite.com wrote: >> If OBAMA gets elected.. the Stock Market will crash >> > > If McCain get elected ... We at least have a fighting chance. Nobama will ruin this country.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Scott
Date: Thu, 09 Oct 2008 18:05
Date: Thu, 09 Oct 2008 18:05
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On Thu, 09 Oct 2008 11:57:51 -0600, Mars State <275or@bit.udu> wrote: >Gladys wrote: >> charlenecofer@excite.com wrote: >>> >>> If OBAMA gets elected.. the Stock Market will crash >>> >> >> If McCain get elected ... > >We at least have a fighting chance. Not really. McCain is just offering more of the same failed policies from the last eight years. I agree that he does offer the chance for the U.S. to keep fighting in Iraq, and with our NATO allies, but that's not a chance I want to see us take anymore, since it's all futile and it gets us nowhere (but down). >Nobama will ruin this country. He's too late for that, Bush Jr. has already done it. . . - Scott Smith: scott.smith@iphouse.com MySpace: http://www.myspace.com/choppersmith
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Mars State
Date: Thu, 09 Oct 2008 18:51
Date: Thu, 09 Oct 2008 18:51
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Scott wrote: > On Thu, 09 Oct 2008 11:57:51 -0600, Mars State <275or@bit.udu> wrote: > >> Gladys wrote: >>> charlenecofer@excite.com wrote: >>>> If OBAMA gets elected.. the Stock Market will crash >>>> >>> If McCain get elected ... >> We at least have a fighting chance. > > Not really. McCain is just offering more of the same Do you morons all read from the same script?
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Jean Smith
Date: Thu, 09 Oct 2008 20:50
Date: Thu, 09 Oct 2008 20:50
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In article <48EE11AB.6010007@say.it.anymore>, Gladys <just.cant@say.it.anymore> wrote: > charlenecofer@excite.com wrote: > > If OBAMA gets elected.. the Stock Market will crash > > > > If McCain get elected ... uh... the earth will stop spinning!! > > Yeah... that's the ticket. We could reap the fruit of Iran Contra: There is the World Anticommunist League of Super-heroes. http://ap.google.com/article/ALeqM5jzQtw1kATj1xCqPcAmwgCKDtNpDQD93M2FQO0 -- C-SPAN3? http://inside.c-spanarchives.org:8080/cspan/schedule.csp? http://www.cnn.com/2008/POLITICS/09/23/paul.bailout/index.html http://www.sciencefriday.com/ http://www.backyardnature.net/rabbits.htm Oops: http://openthread.dailykos.com/storyonly/2008/9/24/193352/735/868/609334
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Mars State
Date: Thu, 09 Oct 2008 22:41
Date: Thu, 09 Oct 2008 22:41
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Jean Smith wrote: > In article <48EE11AB.6010007@say.it.anymore>, > Gladys <just.cant@say.it.anymore> wrote: > > > charlenecofer@excite.com wrote: > > > If OBAMA gets elected.. the Stock Market will crash > > > > > > > If McCain get elected ... uh... the earth will stop spinning!! > > > > Yeah... that's the ticket. > > We could reap the fruit of Iran Contra: You've reaped some fruit all right...
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Scott Smith
Date: Fri, 10 Oct 2008 03:20
Date: Fri, 10 Oct 2008 03:20
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On Thu, 09 Oct 2008 12:51:15 -0600, Mars State <275or@bit.udu> wrote: >Scott wrote: >> On Thu, 09 Oct 2008 11:57:51 -0600, Mars State <275or@bit.udu> wrote: >> >>> Gladys wrote: >>>> charlenecofer@excite.com wrote: >>>>> If OBAMA gets elected.. the Stock Market will crash >>>>> >>>> If McCain get elected ... >>> We at least have a fighting chance. >> >> Not really. McCain is just offering more of the same > >Do you morons all read from the same script? No, we pay attention to the issues and the debates to get a better understanding of where the candidates stand. McCain is offering more of the same old Republican ways that Bush Jr. has given us for the last eight years...and it has been a complete disaster. No more, please. . . - Scott Smith: scott.smith@iphouse.com MySpace: http://www.myspace.com/choppersmith
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Mars State
Date: Fri, 10 Oct 2008 03:43
Date: Fri, 10 Oct 2008 03:43
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Scott Smith wrote: > On Thu, 09 Oct 2008 12:51:15 -0600, Mars State <275or@bit.udu> wrote: > >> Scott wrote: >>> On Thu, 09 Oct 2008 11:57:51 -0600, Mars State <275or@bit.udu> wrote: >>> >>>> Gladys wrote: >>>>> charlenecofer@excite.com wrote: >>>>>> If OBAMA gets elected.. the Stock Market will crash >>>>>> >>>>> If McCain get elected ... >>>> We at least have a fighting chance. >>> Not really. McCain is just offering more of the same >> Do you morons all read from the same script? > > No, Yes, you do. Fuck off and die.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Jean Smith
Date: Fri, 10 Oct 2008 05:00
Date: Fri, 10 Oct 2008 05:00
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In article <48ee88c1$0$30625$7836cce5@newsrazor.net>, Mars State <275or@bit.udu> wrote: > Jean Smith wrote: > > In article <48EE11AB.6010007@say.it.anymore>, > > Gladys <just.cant@say.it.anymore> wrote: > > > > > charlenecofer@excite.com wrote: > > > > If OBAMA gets elected.. the Stock Market will crash > > > > > > > > > > If McCain get elected ... uh... the earth will stop spinning!! > > > > > > Yeah... that's the ticket. > > > > We could reap the fruit of Iran Contra: > > > You've reaped some fruit all right... There is the World Anticommunist League of Super-heroes. http://ap.google.com/article/ALeqM5jzQtw1kATj1xCqPcAmwgCKDtNpDQD93M2FQO0 -- C-SPAN3? http://inside.c-spanarchives.org:8080/cspan/schedule.csp? http://www.cnn.com/2008/POLITICS/09/23/paul.bailout/index.html http://www.sciencefriday.com/ http://www.backyardnature.net/rabbits.htm Oops: http://openthread.dailykos.com/storyonly/2008/9/24/193352/735/868/609334
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Mars State
Date: Fri, 10 Oct 2008 05:02
Date: Fri, 10 Oct 2008 05:02
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Jean Smith wrote: > In article <48ee88c1$0$30625$7836cce5@newsrazor.net>, > Mars State <275or@bit.udu> wrote: > > > Jean Smith wrote: > > > In article <48EE11AB.6010007@say.it.anymore>, > > > Gladys <just.cant@say.it.anymore> wrote: > > > > > > > charlenecofer@excite.com wrote: > > > > > If OBAMA gets elected.. the Stock Market will crash > > > > > > > > > > > > > If McCain get elected ... uh... the earth will stop spinning!! > > > > > > > > Yeah... that's the ticket. > > > > > > We could reap the fruit of Iran Contra: > > > > > > You've reaped some fruit all right... > > There is the World Eat my shit and like it.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: D. A. Tsenuf
Date: Fri, 10 Oct 2008 15:46
Date: Fri, 10 Oct 2008 15:46
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"John A. Weeks III" <john@johnweeks.com> wrote in message
news:john-E0C314.06363308102008@comcast.dca.giganews.com...
> In article
> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>,
> charlenecofer@excite.com wrote:
>
>> If OBAMA gets elected.. the Stock Market will crash
>
> Don't you mean that if George W Bush gets elected, the market
> will take a major dive?
Which goes to show how CLUELESS the Obama camp actually is
GWB is NOT running
> By the time Mr. Obama gets in office,
> the market will be so low that he will get the credit for the
> subsequent 3000 point recovery.
>
LOL
If Obama gets elected, we're facing another Carter era, but worse
The odds of ANY recovery will be NIL
If Obama gets elected, I will be shorting the market indices the next
morning
Re: If OBAMA gets elected.. the Stock Market will crash
Author: D. A. Tsenuf
Date: Fri, 10 Oct 2008 15:49
Date: Fri, 10 Oct 2008 15:49
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"John A. Weeks III" <john@johnweeks.com> wrote in message
news:john-0E5203.18103808102008@comcast.dca.giganews.com...
> In article <6l4a3kFake2mU2@mid.individual.net>,
> green lantern <no@evil.escapes> wrote:
>
>> Scott wrote:
>> > On Wed, 08 Oct 2008 06:36:34 -0500, "John A. Weeks III"
>> > <john@johnweeks.com> wrote:
>> >
>> >> In article
>> >> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>,
>> >> charlenecofer@excite.com wrote:
>> >>
>> >>> If OBAMA gets elected.. the Stock Market will crash
>> >> Don't you mean that if George W Bush gets elected, the market
>> >> will take a major dive?
>> >
>> > Not just the market, but the entire damn economy crumbled under
>> > Bush and his deregulation cronies.
>>
>> Sorry, you missed the real causes:
>>
>> Publication:IBD; Date:Sep 29, 2008; Section:Front Page; Page Number:A1
>
> I'm sorry that you committed a federal crime by reproducing a
> copyrighted document in its whole without written permission
> from the copyright holder. So sad you go to jail.
>
> -john-
>
What a weasel to avoid facing the truth.
But so typical of the ignorant left.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Mars State
Date: Fri, 10 Oct 2008 18:59
Date: Fri, 10 Oct 2008 18:59
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D. A. Tsenuf wrote: > > "John A. Weeks III" <john@johnweeks.com> wrote in message > news:john-E0C314.06363308102008@comcast.dca.giganews.com... >> In article >> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, >> charlenecofer@excite.com wrote: >> >>> If OBAMA gets elected.. the Stock Market will crash >> >> Don't you mean that if George W Bush gets elected, the market >> will take a major dive? > > Which goes to show how CLUELESS the Obama camp actually is > GWB is NOT running > > > >> By the time Mr. Obama gets in office, >> the market will be so low that he will get the credit for the >> subsequent 3000 point recovery. >> > > LOL > If Obama gets elected, we're facing another Carter era, but worse > The odds of ANY recovery will be NIL > > If Obama gets elected, I will be shorting the market indices the next > morning > You'd best hope there's anything left to short by then...
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Jean Smith
Date: Sat, 11 Oct 2008 03:00
Date: Sat, 11 Oct 2008 03:00
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In article <0MSdnRFwQ4se53LVnZ2dnUVZ_gWdnZ2d@posted.cpinternet>, "D. A. Tsenuf" <DA@Tsenuf.com> wrote: > "John A. Weeks III" <john@johnweeks.com> wrote in message > news:john-0E5203.18103808102008@comcast.dca.giganews.com... > > In article <6l4a3kFake2mU2@mid.individual.net>, > > green lantern <no@evil.escapes> wrote: > > > >> Scott wrote: > >> > On Wed, 08 Oct 2008 06:36:34 -0500, "John A. Weeks III" > >> > <john@johnweeks.com> wrote: > >> > > >> >> In article > >> >> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, > >> >> charlenecofer@excite.com wrote: > >> >> > >> >>> If OBAMA gets elected.. the Stock Market will crash > >> >> Don't you mean that if George W Bush gets elected, the market > >> >> will take a major dive? > >> > > >> > Not just the market, but the entire damn economy crumbled under > >> > Bush and his deregulation cronies. > >> > >> Sorry, you missed the real causes: > >> > >> Publication:IBD; Date:Sep 29, 2008; Section:Front Page; Page Number:A1 > > > > I'm sorry that you committed a federal crime by reproducing a > > copyrighted document in its whole without written permission > > from the copyright holder. So sad you go to jail. > > > > -john- > > > > What a weasel to avoid facing the truth. > But so typical of the ignorant left. McCain is apologizing for his hate mongering. He has a conscience and is correcting his fellow prisoners. -- C-SPAN3? http://inside.c-spanarchives.org:8080/cspan/schedule.csp? http://www.cnn.com/2008/POLITICS/09/23/paul.bailout/index.html http://www.sciencefriday.com/ http://www.backyardnature.net/rabbits.htm Oops: http://openthread.dailykos.com/storyonly/2008/9/24/193352/735/868/609334
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Mepps#3
Date: Sat, 11 Oct 2008 03:47
Date: Sat, 11 Oct 2008 03:47
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Jean Smith wrote: > In article <0MSdnRFwQ4se53LVnZ2dnUVZ_gWdnZ2d@posted.cpinternet>, > "D. A. Tsenuf" <DA@Tsenuf.com> wrote: > > > "John A. Weeks III" <john@johnweeks.com> wrote in message > > news:john-0E5203.18103808102008@comcast.dca.giganews.com... > > > In article <6l4a3kFake2mU2@mid.individual.net>, > > > green lantern <no@evil.escapes> wrote: > > > > > >> Scott wrote: > > >> > On Wed, 08 Oct 2008 06:36:34 -0500, "John A. Weeks III" > > >> > <john@johnweeks.com> wrote: > > >> > > > >> >> In article > > >> >> <18fadf86-a474-43f0-9bd7-6cedc9a62df3@n33g2000pri.googlegroups.com>, > > >> >> charlenecofer@excite.com wrote: > > >> >> > > >> >>> If OBAMA gets elected.. the Stock Market will crash > > >> >> Don't you mean that if George W Bush gets elected, the market > > >> >> will take a major dive? > > >> > > > >> > Not just the market, but the entire damn economy crumbled under > > >> > Bush and his deregulation cronies. > > >> > > >> Sorry, you missed the real causes: > > >> > > >> Publication:IBD; Date:Sep 29, 2008; Section:Front Page; Page Number:A1 > > > > > > I'm sorry that you committed a federal crime by reproducing a > > > copyrighted document in its whole without written permission > > > from the copyright holder. So sad you go to jail. > > > > > > -john- > > > > > > > What a weasel to avoid facing the truth. > > But so typical of the ignorant left. > > McCain is apologizing for his hate McCain has no hate. You are a lying scumfucker.
Re: If OBAMA gets elected.. the Stock Market will crash
Author: Willingwrkr
Date: Mon, 13 Oct 2008 23:29
Date: Mon, 13 Oct 2008 23:29
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On Oct 7, 11:44 pm, Jean Smith <goterm...@yahoo.com> wrote: > In article > <18fadf86-a474-43f0-9bd7-6cedc9a62...@n33g2000pri.googlegroups.com>, > > charleneco...@excite.com wrote: > > > If OBAMA gets elected.. the Stock Market will crash > That is getting harder and harder to do. > Wouldn't Warren Buffett be bailing out on him? > See Charlie Rose Show last week. > > -- > C-SPAN3?http://inside.c-spanarchives.org:8080/cspan/schedule.csp?http://www.cnn.com/2008/POLITICS/09/23/paul.bailout/index.htmlhttp://www.sciencefriday.com/http://www.backyardnature.net/rabbits.htm > Oops:http://openthread.dailykos.com/storyonly/2008/9/24/193352/735/868/609334 Most likely, not immediately.
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