Murph Posted March 6, 2009 Author Share Posted March 6, 2009 You preachin' to the choir' date=' Murph. I shoulda been less fiscally conservative so that Nanny GOV could give me a check. Seriously though, I pray that the stock market turns around, I'm getting killed.[/quote'] It was kinda done tounge in cheek, James. I'm damned proud to have property, land, ect. cashed out, almost zero debt, and my life. It just pisses me off to see spoiled idiots getting things for free, that I, and my children and Grandchildren will have to pay for, in a weak economy, high interest, inflation, ect. These young Obama lover have no idea what 17% interest on a home mortgage looks like. I remember Jimmy Carter very well. These are real numbers, it's real history, and you can't keep printing money, raising taxes, have more restrictions, free health care, free housing, free food and expect things to get better. The math simply doesn't work. Murph. Link to comment Share on other sites More sharing options...
KSG_Standard Posted March 6, 2009 Share Posted March 6, 2009 It's impossible to know where the bottom is. You don't know 'til you bounce. But it could be a great time to buy' date=' if you have a. confidence in the market, 2. cash, and 3. time. This is a good time to be in your twenties-forties, not so good to be near retirement. Obama is right, buy now. He is also trying to jaw up some confidence. All the neo-con fearmongers running around shouting about the market decline are missing the point. The momentum was well in motion when O came in. Everyone with a brain stem knew it would get worse. And the news about Citi and GM is a good example of exploding problems that were long in making. In times when business and individuals are not spending, government has to. In Keynesian theory (and common sense), it is flush times, like the ones that W. inherited, that we should have been saving, not wasting on tax cuts and trumped-up wars. Now the piper wants his due. Thank you to the derugulation obsessed Republican warriors for handing America this mess. Then dumping on Obama with this ridiculous mantra of Rush-speak, "socialism." It's Orwell's Big Lie; you just tell it over and over again while the numbed radio crowd swallows it.[/quote'] You should read some history of the Great Depression, and read some other economics theories other than Keynes. The federal government spent money as fast as they print it during the depression and all of the spending by the federal government did not pull America out of the depression. It was WWII, full employment and hope for the future that pulled American out of the depression. All the federal spending in the world cannot create a private sector recovery, if you think it can, please explain how? If the Obama plan was going to work, the stock market would be rising based on hope and plans for a better tomorrow. The market is driven by emotion, fear and hope. The market is what fuels private sector hiring, expansion of private/public business, research and development, marketing, manufacturing, etc. There are reasons that the bottom is falling out of the stock market and it can no longer be blamed on Bush. It can however be attributed to the congress, who are for the most part the same a$$monkeys that were there when Bush was president. What kind of mouth-breather could beleive that taking money from the hardest working, most successful people, and giving it to the least successful people could improve the economy? Ever see what happens at a free buffett? Just some thoughts from a guy with a brain stem... Link to comment Share on other sites More sharing options...
Homz Posted March 6, 2009 Share Posted March 6, 2009 You should read some history of the Great Depression' date=' and read some other economics theories other than Keynes. The federal government spent money as fast as they print it during the depression and all of the spending by the federal government did not pull America out of the depression. It was WWII, full employment and hope for the future that pulled American out of the depression. All the federal spending in the world cannot create a private sector recovery, if you think it can, please explain how? If the Obama plan was going to work, the stock market would be rising based on hope and plans for a better tomorrow. The market is driven by emotion, fear and hope. The market is what fuels private sector hiring, expansion of private/public business, research and development, marketing, manufacturing, etc. There are reasons that the bottom is falling out of the stock market and it can no longer be blamed on Bush. It can however be attributed to the congress, who are for the most part the same a$$monkeys that were there when Bush was president. What kind of mouth-breather could beleive that taking money from the hardest working, most successful people, and giving it to the least successful people could improve the economy? Ever see what happens at a free buffett? Just some thoughts from a guy with a brain stem...[/quote'] Damn dude your losing your edge. Do you really think this new technique will work. You had a clever thing going and your becoming something else; someone else. mouth-breather....come on! I expect more from you. You were good. Link to comment Share on other sites More sharing options...
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