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Just posting those words above tell me all I need to know about you and your arguments. Isnt it past your bedtime? |
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401k's weren't always the way to invest for retirement. Its a risk and people should know that. I don't even think we have "401k's" in canada. I have RRSP's and GIC's both of which while may not gain very much when the market does poorly, don't lose anything when it does either. But no, I don't really like to make money by investing. Its too risky and while it can pay out big, it can also bust big. |
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You and I both know if tomorrow Obama came out and said he was nationalizing all banks the republican party would collectively shit little green elk. At the same time if he said there will be no more money for any banks and we will see which ones fail and which survive the democrats (who can't stand to let anything fail) would do the same. He has to walk a tightrope here. Doing either of these things is a big, messy step. Maybe it is okay to take some time and make sure is the correct step. |
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Our conversation is done how can you even begin to know what capitalism is? |
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Also the overall cost of medical care should drop because there will be far fewer people who don't pay. When someone goes to the hospital or doctor and doesn't pay that cost is passed on to those that do. Without those pass on costs the overall cost of healthcare should come down which will save people even more money. |
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Lol where do you think the money COMES FROM for universal health care? LOL
Seriously you guys are not that naive are you? Quote:
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This has nothing to do with the stimulus bill. Sure, addressing the banks in the bill would have been great, but they didn't it looks like he looking at them as a separate issue. That is all I was saying. Cutting them off of nationalizing them is a big step and could have heavy ramifications. It could greatly effect what he is able to do in the future so I see nothing wrong with proceeding with caution. |
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It is kind of like saying, "That guy really can pitch. . . for a black dude." It makes it seem like the reason he is doing what he is doing is because he is black. It just makes you come off as ignorant. That is all. |
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He is taking action, but not on the right things at all. Stress test will only make banks horde cash, you think they are going to lend while the government has them under a microscope? Worst idea ever. You expect capitalists who are competing against each other to act equal? They are gonna all try to pass the tests and I bet the administration comes out of this with not a fucking clue as to which ones they should save. |
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So would it help stimulate the economy? Maybe. At what cost? Who knows. |
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As for the banks, again, I said before taking some time to look at the banks and make the right choice is not a terrible thing. |
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Brilliant. |
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http://www.saucywords.com/ |
lol, good luck
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I don't care who the new president was. It would not help shit and especially not quickly IF it did. Seems that you're blaming the new president for the dow dropping... again.. Correct me if I'm wrong here, but that started way before Barrack was president. Things are only going to get worse mark my words. |
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This is all Obama's fault, he's the reason why the banks collapsed and the Dow closed at levels that haven't been seen since 1997. If McCain was elected there would be no recession and the Dow will be at record highs.
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I just spot checked this thread... but, have any of you thought about shorting the market?
29 dow lost 90 percent of it's value... we are at half right now. There is some money to be made... |
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The markets knew what was coming. What the current administration fails to recognize is that every time they distribute money the market tanks further. Lastly, who has held control of both houses for the last two years? Bush was a lame duck starting two years ago. Are you so fickle that you forgot who swept into power in 2006 + 2008? The mid-term elections in 2010 will be quite interesting... if the country does not fall into complete civil unrest by then. The only positive note, is that the people born from 1980 forward are going to get a big heaping dish of what it was like to live under FDR and Jimmy Carter. Enjoy. Got ammo? |
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The problem, long term, is foundation differences between the left and right on how these issues can be resolved. I am of the belief everything they are doing now will only make the situation worse... as was done during the depression (the first one) and in Japan (90's forward). The politicians in this country hate pain and assume the people of this country hate pain... so they will take the band-aid/kick the can attitude which will only main this more painful. I would take 2 years a carnage then decades of wondering "why ain't this shit working". We will never address the root causes so we are patching the Titanic until it all implodes. The time bombs planted during the first depression are all going to explode in the coming years. The time bombs they are planting now will explode quicker than expect. The entire system, thanks to Lincoln, FDR, Wilson, and every other shitty president this country has had - is doomed to fail. You can not have a strong centralized government robbing the earners and spreading it to other parts of the nation... long term. Balkanization is an option and an option that might gain traction if things really fall apart. During boom times business/social relationships ignore issues... During blow ups people go primal and survival is the motivation. |
Sales are through the roof yo!
WOOHOO! |
the stock market had a drop below 7000 back in 97.
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this didn't happen overnight you fucking idiot :1orglaugh
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Your entire comment assumes that all of our problems occurred in the last 8 years and everything up until 2000 was great. Your blind party devotion is exactly what the machine needs to survive. Us against them, and completely ignore the facts... or not bother to review history. |
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www.creditcardxsales.com |
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ftw
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Yes investors really seem to be loving what he is doing. Most of his speeches on the economy where he makes a statement pointing towards a course of action ... the lemmings cry because their Jesus spoke, and the investors get the fuck out of the stock market because they feel a fool is in charge. If the people with money had any confidence in what he promises then they wouldn't be jumping ship after each of his pretty speeches.
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That is pretty much spot on. |
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