For general discussion and debate. Possible talking point: Meltdown.
Japanese stocks were down more than 9 percent Wednesday. China down 8 percent. World markets crumbling. Central banks FINALLY did a coordinated rate cut this morning, but markets are still selling off.
An economist on CNBC yesterday said that stocks are currently discounting a conventional recession that lasts about a year with unemployment going to 7 percent. However, the credit markets are predicting a more serious contraction lasting several years with unemployment going to 8 percent or higher.
Which market is right? How low do we go? How nervous are you getting? Are the panic and hysteria getting overblown, or is the fear justified, and things are skidding out of control?
Editor at Large
Comments Policy
RETIREES
October 8, 2008 - 09:56 ET by billbAs long as every one else is going to get a bailout, then it's time to allow, for a time, tax free IRA withdrawals for seniors over retirement age!
bill
October 8, 2008 - 10:02 ET by Noel Sheppardbill,
No question. ns
No one even considers the
October 8, 2008 - 10:07 ET by billbNo one even considers the fact that we have no make up time. I didn't gamble, I stayed with a balanced portfolio and still lost a ton. I didn't retire until age 68! AARP needs to earn their membership fees on this one. But then again they're in the tank for Obama!
billb did you not hear the
October 8, 2008 - 11:10 ET by Dan The Man 2billb did you not hear the ONE last night, he said he has a plan to help you. Trust in me part 2.
Nuke em til they glow then shoot em in the dark.
»→ billb
October 8, 2008 - 10:04 ET by Cool ArrowYou are correct.
But it's only getting worse. Right now you are a stationary target bound just inches away from the gun muzzle.
Charlie Rangel doesn't want you making decisions with your money without taking his own piggish slice.
We need a Tea Party
God, bless Your Americans.
I want to see people go to
October 8, 2008 - 10:26 ET by Clear thinkerI want to see people go to jail over this financial fiasco. And if it invloves a few billionares, and uber millionares all the better. We seaze their assets, ALL OF THEM, and divide the money out to 401k holders that lost their retirements. My suggestion is only partially retribution, my main focus is helping out those that invested in 401k's and will have no choice but to go to the government for their retirement needs. Where the hell do we get that money from, the taxpayer?
We had a meeting once where our head bean counter did a presentation to our employees about the great and wonderful idea of 401k's. We even had an outside rep comein and talk to everyone. When both of them skimmed over the risk involved, I stopped them and asked them rather forcefully, "Can you guarantee all participants that their money will be there when they retire?" (I already knew the answer). Both had to admit "No". I did this to make sure my people understood the reality of 401k's. My bean counter told me after the meeting that what I did was probably not the smartest thing to do. I threw him out of my office and a week later he was replaced.
Gambling in the stock market is one thing, but almost promising big money to retirees always bothered the hell out of me. Now I know why!
A Very Strange Political Blog
Making Fun of AGW http://giovanniworld.wordpress.com/
CT,
October 8, 2008 - 11:10 ET by Indiana JoeHear, hear. Send 'em to jail, and seize the assets. Precedent? "RICO." Pretty solid precedent, I'd say.
Hell, say you buy a used car from a guy. The next day, you get pulled over, and the cop has a dog. SOP, the dog sniffs around and "hits" on the car. Nothing is found in the search you have to submit to, but the indication of the dog is enough for you to lose the car. Because it turns out that the previous owner had spilled a bit of cocaine or something on the carpet. You didn't know he was a user. Didn't care. It never even came up. But you're out a car. And a lot of hassle, I'm sure.
That's less evidence than there is that these scumbags were picking the pockets of these companies (and now us), and that many in the government were helping, turning a blind eye at minimum, or worse, blocking reforms that would stop them (hey, Barney Frank, talking about you!). That's aiding and abetting.
So, why shouldn't we do it? Make them pay "reparations," confiscate the "proceeds of illegal activity," or "fine" them, or "wind-fall tax" them, whatever of the myriad means the law has created to take money from the "undeserving" that we can apply. Hell, they try to do it to us as much as they can.
And then throw their sorry a$$es in jail. Let them rot.
"Pour décourager les autres."
"... smells like.... victory." - Robert Duvall, Apocalypse Now
Indy Joe...You hit on
October 8, 2008 - 11:22 ET by Clear thinkerIndy Joe...
You hit on something that I left out of my rant. I forgot to include the politicians, but nothing else I said would change. Every damn asset a politician has should be thrown into the pot if they are found to have helped us get into this mess. Then throw their asses in jail. And just to be fair... I do NOT care what party they are in!!!
BTW... Invest your money in Safes, they are selling like crazy!
A Very Strange Political Blog
Making Fun of AGW http://giovanniworld.wordpress.com/
CT, (edit, sorry, easily confused am I)
October 8, 2008 - 14:16 ET by Indiana Joe"I do NOT care what party they are in!"
Oh, HELL yes! I only cited Barney because I think he's near the top, and he's the most blatant example, IMO.
I've never, ever been one to excuse pols that happened to be on "my" side, few though I could claim. That's just too damned unprincipled for me. Let the Democrats wade through that slime-pit, since they're so willing. I owe no pol my loyalty for something like that.
All of the bastards. Every last stinkin' one of them.
"... smells like.... victory." - Robert Duvall, Apocalypse Now
Yeah, let's make the rich bail everybody out
October 8, 2008 - 11:49 ET by Andante"A democracy cannot exist as a permanent form of government. It can exist only until the voters discover they can vote themselves largesse (defined as a liberal gift) out of the public treasury. From that moment on, the majority always votes for the candidate promising the most benefits from the public treasury, with the result that democracy always collapses over a loose fiscal policy, always to be followed by a dictatorship."
"Why can't I just eat my waffle?" -- Obama
http://obamawaffles.com/
Dude?
October 8, 2008 - 12:14 ET by JWFAlready done. It is called a Roth IRA.
Sincerely,
a Veteran of a 1000 psychic wars.
Amen----
October 8, 2008 - 12:17 ET by misterbillI am supporting my son his wife and daughter as he attends a trade school. I have been forced to remove money from my IRA account. I have been frugal most of my life and I would like to struggle through with ME, not the government, making the decision about what I must cash in or liquidate to get by. The government will always get their blood money--I just want to have the opportunity to make decisions about when and how much I cash in to maintain my situation.
And , Oh yes--what the hell is wrong with America that they cannot see through the talking suit named Obama???? I am losing faith in my fellow Amnericans that they would even allow this hypocrite to run for the presidency. He will never be my president.
1929 did NOT start the
October 8, 2008 - 09:57 ET by mattm1929 did NOT start the depression. It was a big event that scared alot of people, but it was not much more than a major correction.
It was the socialist "remedies" put in by both Hoover and Roosevelt that sent us into a depression that was still going ten years later. (Must read)
I'm more nervous about the election than the stock market. If Odumbo gets in and implements his anti-capitalist agenda, we'll be in a depression in two years, and it might take WWV to get us out of it.
WWV? you ask - WWIII - cold war, WWIV - War on Terror
Gov't intervention not cause of GrtDprssn but made it worse
October 8, 2008 - 12:56 ET by Ten7sThe Great Depression and the current problems have similar causes, namely humongous credit bubbles. After the Great Depression, various mechanisms were instituted to keep it from reoccuring. But since the early 1990's, people have been circumventing the system mostly through complex schemes of securitization (i.e. credit derivatives) CDOs, CDSs, and other securities designed to obsfucate and shift risk. The policies of Hoover and FDR likely extended the depression, but they weren't the cause.
Yes Government Caused the Great Depression
October 8, 2008 - 19:52 ET by PopularTechIt was the federal reserve which created the credit bubble in the 20s and all FDR did was prolong it for a decade with more government intervention.
How FDR Made the Depression Worse (Robert Higgs, Ph.D. Economics)
How FDR's New Deal Harmed Millions of Poor People (Jim Powell, B.A. History)
The Mythology of Roosevelt and the New Deal (Robert Higgs, Ph.D. Economics)
The New Deal Debunked (Thomas J. DiLorenzo, Ph.D. Professor of Economics)
The New Deal Debunked (again) (Thomas J. DiLorenzo, Ph.D. Professor of Economics)
The Truth about FDR (Thomas E. Woods, Jr. Ph.D. History)
Tough Questions for Defenders of the New Deal (Jim Powell, B.A. History)
Stock up! Beans and
October 8, 2008 - 10:07 ET by bradbenj5952Stock up! Beans and rice.
"Believe on the Lord Jesus Christ, and thou shalt be saved, and thy house." Acts 16:31
I'm fine, how are you?
October 8, 2008 - 10:09 ET by TheCynicI was discussing with some buddies how we should march on Washington with signs that say things like, "MY JOB IS OK" and "I'M FINE, HOW ARE YOU?" and "WHO WANTS TO PLAY SCRABBLE?"
It's amazing how much of the economy is driven by perception. The Democrats wanted to win an election so they did everything they could to alter perception about the economy, and in doing so, actually impacted it, compounding a real problem to make it even worse. They wanted an economic recession to help convince the public to oust the Republicans but I wonder if they got more than they bargained for.
Seems like what we need is a counter-campaign to show people that we aren't all doomed and it's not the end of the world. It's not even another depression. I'm fine, how are you?
I'm super!
October 8, 2008 - 11:17 ET by Indiana JoeThanks for asking! ;^)
Seriously, you have a valid point. I don't doubt that the FM debacle is a big problem, but I wouldn't discount the idea that the constant "doom-beat" on the economy from the left helped us past the tipping-point. I've told a lot of people that "confidence" is a major part of the economy.
Hell, even POS Barney Frank, in fighting housing market controls in the past, has claimed that saying there was a problem was more of a problem than the problem.
I only quote that worm to show that even an idiot can realize that fact.
"... smells like.... victory." - Robert Duvall, Apocalypse Now
We are all doomed!
October 8, 2008 - 10:11 ET by c5thenNot only are we headed for a recession (at least a year maybe longer) but this time to start it off, the big financial institutions that lead the way get $700 billion of taxpayer money BEFORE it starts.
This is shapping up to be almost a complete re-do of the 1929 market crash that allowed stupidity to reign and the "New Deal" to usher in Socialism. It also allowed the Big east coast banks and foreign banks to buy up the newly tottering western banks and businesses and real estate for pennies on the dollar.
Usher in socialism. Voters
October 8, 2008 - 10:39 ET by SickofLibsUsher in socialism. Voters say 'go for it.'
Talk about being in the right place at the right time.
Arnold, begin preparing your state for the flood of Okies. Illegals, we'll be needing those jobs back now. Vaya Con Dios.
»→ Noel, What gives?
October 8, 2008 - 10:19 ET by Cool ArrowWhat gives here?
I can move my 401k around among some 10 different funds once every day without penalty. And I can do it online from anywhere.
I keep hearing about people getting quarterly statements.
Are there still plans so backwoods that their owners can't control them?
God, bless Your Americans.
CA,
October 8, 2008 - 11:27 ET by Indiana JoeI don't know what's going on. Everyone seems to be in major panic mode lately. Last night, it was the debate. Immediately afterwards, people were talking about leaving the country, stocking up for disaster, all of that. And the economy has been a particular grieve-fest for a couple weeks now.
I don't get it. Not a big financier, and I'm sure we could be in trouble, but I'm not feeling that I may as well put a gun to my head. No one jumping out windows quite yet, is there?
In answer to your question, I can move my funds, too. I'm mostly in mutuals and MM. So, I just leave it up to the managers, that's what they do. I'm about a dozen years from retirement, so I can ride out almost anything, I think. Those with IRAs that mandate withdrawals and taxes or something (not clear on that, but have heard some complaints) may be in a different boat.
To me, though, a lot of this sounds like the panic that all the talk of a "recession" by the left was meant to cause. Not saying there's nothing to it, but I think there's a lot of over-reaction going on.
I just don't believe "we're doomed." Not quite yet.
"... smells like.... victory." - Robert Duvall, Apocalypse Now
»→ Me neither IndyJoe
October 8, 2008 - 11:39 ET by Cool ArrowThis market looks like it's going to slide for a while and when I do buy back in, I'll own more shares of the stock I pick.
But what I'm hearing from people at work is "It's all on paper, I really haven't lost anything until I sell it"
These are somewhat intelligent people rationalizing their paralyzing fear. I just don't understand how they've allowed their life's savings to devalue by 17% in less than two weeks.
God, bless Your Americans.
Sounds like a good strategy
October 8, 2008 - 14:14 ET by Indiana JoeSit on the side-lines awhile, then go bargain-hunting. Probably what I'd do if I was more active in the market. I'm more a long-term guy, so I heed the advice to "let it ride," and trust my MF managers. A little nervously, sure, but it's what I'm doing. And not losing any sleep over it... yet.
It may turn out that the best move I made was to take a loan against my 401k earlier this year. Paid off some big CCs, got a new(er) vehicle, pulled some capital out of this slip-n-slide, and I'm repaying myself at 8.5% for the next 5 years. So I know I'll see some growth. ;^)
"... smells like.... victory." - Robert Duvall, Apocalypse Now
T-Bill funds
October 8, 2008 - 13:05 ET by Ten7sSome 401k are set up so that you would only see changes in value at EOQ, regardless of what you can do online. And the only fund that I would consider are those that invest exclusively in Treasury Bills, there are a few money market funds that do this. Its worth looking into.
The next financial crisis will be massive credit card defaults.
October 8, 2008 - 10:23 ET by R D HelmAs you can be sure that credit cards are going to start getting maxed out across the spectrum because of the current economic conditions.
Millions of people are going to run up huge balances they will never be able to repay.
Don't worry, though, because President Obama will see to it that the 75% of those eligible to work and are still actually employed will foot the bill on this.
-Dave
If this nation is to be saved, umm, oh, nevermind! We're glued, screwed and tattooed!
»→ Credit Cards
October 8, 2008 - 10:28 ET by Cool ArrowAnd look for Bank Of America to suffer some discomfort as the Illegal Alien bloc they courted last year returns home when the jobs dry up.
Joe Biden's State of Delaware might be looking for a bailout, being the hotbed home of Credit Cards.
God, bless Your Americans.
So, Obama thinks health care is a "right"?
October 8, 2008 - 10:24 ET by bloolooHe said it last night. Were you paying attention? I guess that means when he becomes president, we, the people who pay our bills on time and work hard and try to be good citizens are going to have to pay the bill for those who don't... I don't know about you, but, I'm already so mad about having to help pay for the bail out that there's no way in hell I'm gonna just sit back and let the socialists have their way. Are you with me? I heard a lot of people last night after the debates conceding defeat. Are you f''ing kidding me? Are you really willing to just let it happen to you? If that's the case then you deserve what you get. I challenge you to get busy on the internet, send e-mails to all your friends and family. Talk to people on the streets, at work, at church... whatever it takes. That is exactly what the libs are doing to us. It's time to do it back to them. Take off the gloves folks... I just heard that Al Franken is leading by 12 points in his senate race. Are you really willing to let people like him tell you how to live? Do you really want to send your hard earned dollars to him and his ilk to spend on their socialist programs? I live in California and every year the illegals who are here cost us $11 billion dollars! I've had it. As I said before, there's no way in hell I'm gonna sit back and let it just happen. A local city council person is running for re-election and was asking for campaign donations. I asked them one question. Barack or McCain? That tells me all I need to know about their politics. It's as simple as that. There is no other vote that will count as much. It's time to get pi$$ed America. To quote the famous movie line, "I'm mad as hell and I'm not gonna take it anymore...!"
Thanks to NewsBusters for giving me a soapbox from which to vent. I'm gonna go check my BP now...
Bloo
So, Obama thinks health care is a "right"?
October 8, 2008 - 10:39 ET by R D HelmBloo,
Sadly, so do a majority of Americans.
-Dave
If this nation is to be saved, umm, oh, nevermind! We're glued, screwed and tattooed!
Yeah Dave, those are the same people...
October 8, 2008 - 10:44 ET by blooloo...who think home ownership is a right. Those are the same folks who got us into this mess, but, I don't think (at least I hope) it's not the majority of Americans...
"I might be movin' to Montana soon..." - FZ
For the Left, "rights" mean something completely different....
October 8, 2008 - 11:25 ET by Prester John...than what those dead white guys who founded this country had in mind.
Rights according to the Left/Dems/Socialists:
Healthcare, housing, college education, which of course means "someone" i.e. the taxpayer, has to pay for them, which in turn only increases the power of the government.
For the dead white guys:
Speech, religion, press, personal liberty, which means of course someone i.e. the government, has to protect them, which in turn only increases the power of the individual.
A not insignificant difference in the way one looks at the world.
PJ,
October 8, 2008 - 11:42 ET by Indiana JoeI tell people the same thing, pretty much, but I just put it differently.
The Declaration says "inalienable rights,... life, liberty, and the pursuit of happiness."
The socialist liberals read that as "inalienable rights,... life, liberty, and happiness."
I think that's it in a nutshell.
"... smells like.... victory." - Robert Duvall, Apocalypse Now
I would rephrase it to....
October 8, 2008 - 11:47 ET by Prester John..."inalienable rights,... life (as long as your mom doesn't want to abort you), liberty (but not too much especially if it means owning a gun), and equal happiness (even if it means you and everybody else are miserable) ."
Agreed
October 8, 2008 - 12:14 ET by Indiana JoeEven more relevant nowadays.
"... smells like.... victory." - Robert Duvall, Apocalypse Now
"Senator Franken. Senator
October 8, 2008 - 10:41 ET by SickofLibs"Senator Franken. Senator Franken. Senator Franken."
Repeat three times, then go throw up.
Franken
October 8, 2008 - 10:59 ET by iveseenitallMany of us "old-timers" have been warning about these times coming for years. They are now here. Any nation whose citizens would vote for a Franken or an Obama is a sick nation. We are very sick. The question is---will it be fatal? I shudder at the answer. We are about to give the nation over to the "liberals". That scares the hell out of me. But I'm more afraid for my children and grandkids. I see the America I knew, a great nation, fading away. Sad.
NEVER,NEVER trust a "liberal"
Does that mean you're giving up?
October 8, 2008 - 11:02 ET by blooloo"I might be movin' to Montana soon..." - FZ
Giving up?
October 8, 2008 - 11:16 ET by iveseenitallNo way. I've never given up in my life. But I have always adjusted to fight my enemies. I believe that's what all Americans have to do. The party's over. If McCain loses, it is because he, like Dole, is such a "nice" old guy. God bless him. But the enemy is within and true Americans need to do what they have to do.
NEVER,NEVER trust a "liberal"
ives... Sage
October 8, 2008 - 11:25 ET by Clear thinkerives...
Sage advice.
I'm now seriously thinking about writing-in Sarah Palin for POTUS.
A Very Strange Political Blog
Making Fun of AGW http://giovanniworld.wordpress.com/
CT...
October 8, 2008 - 11:53 ET by iveseenitallI said that exact thing to my wife a few days ago. Just venting. But I also said that if Barry wins, the Palin 2012 campaign must begin on Nov.5. Palin wants to continue to campaign in Michigan; she hasn't given up, even there. Yet when I heard John suggest that we pay the bills for the jerks who took those mortgages, I almost threw something at the t.v. So many of the Republicans have given up on principle. They just can't see that that's the core of our "problems"?
NEVER,NEVER trust a "liberal"
Glad to hear you're not giving up isia...
October 8, 2008 - 11:40 ET by bloolooand CT, writing in anybody but McCain only assures an Obama win in November... McCain's certainly not my first choice, but, as others have said, I don't want a "Perot" type moment to split the vote and give it to BHO...
"I might be movin' to Montana soon..." - FZ
blooloo... Uh, you are
October 8, 2008 - 11:56 ET by Clear thinkerblooloo...
Uh, you are trying to convince the wrong guy. I am a Conservative first, not a party man!
A Very Strange Political Blog
Making Fun of AGW http://giovanniworld.wordpress.com/
Right On ,CT
October 8, 2008 - 12:07 ET by iveseenitallIn the long run, it is conservative principles that will save our nation. Liberalisn/Socialism/Communism will destroy America. The "liberal" way of life has chipped away at Lady Liberty to the point where she is almost unrecognizable today. If Barry gets elected, another big chunk will be taken. But if he gets elected, so be it. Fight him. Fight for the sake of your children and the future of the country. Either we have principles that we believe in or we don't. Giving in to the bastards will only make it worse.
NEVER,NEVER trust a "liberal"
CT,
October 8, 2008 - 14:05 ET by Indiana JoeWhile I understand and agree with your sentiments, I have to question the strategy. Voting for Palin is infinitely more appealing to me also, but I'd rather vote for her when it might mean something.
I'd rather vote for her as a sitting VP in 2012, when all this "experience," blue-collar-bashing crap is over. Second choice (waa-aay back there) is to vote for her in 2012 as the "outsider" once again, against the failed policies of the Obama Administration.
And I'd love to "send a message" to the GOP about leaving us Conservatives out of their "big tent." But we've sent that message before, and still didn't get much when they had the chance. Also, people point to Perot in '92, but I think a similar disaffection on the Right helped Clinton too.
I guess I just feel that, if Palin is our best hope for the next "true" conservative Republican, we'd be better served to help her now, while the iron is hot, and maybe spare ourselves the pain of 4 (or 8!) years of Obama. When I cast my vote, it will be for Palin, even though her name isn't at the top.
It will officially count for McCain, but I'll know my own intentions, and it will express my opposition to Obama. Speaking personally, I'll settle for that; a poor-man's hat-trick. At least there's a plan for the future in that scenario, IMO.
Call it a "containment strategy."
"... smells like.... victory." - Robert Duvall, Apocalypse Now
Indy Joe... Right now I'm
October 8, 2008 - 14:17 ET by Clear thinkerIndy Joe...
Right now I'm just pissed, so forgive me if I'm coming off as un-aware of the possibilities and ramifications. What happens if McCain has an even worse debate the next time around? What happens if Sarah continues to draw incredible crowds and support? Knowing that I'm not a party man, it just goes against everything I believe in to cast my vote for McCain. All that to say... man I'm in a real fix here!
Do You Feel Better About Your Candidate After Last Nights Debate?
Making Fun of AGW http://giovanniworld.wordpress.com/
Ct...you aren't alone...I
October 8, 2008 - 14:19 ET by bigtimerCt...you aren't alone...I have really tried to cool down...this will take at least a week, guess I'll cool down in time for the next pathetic non-debate debate.
"America isn't the problem...America is the solution." ~ Rush Limbaugh
"Uh, you are trying to
October 8, 2008 - 17:07 ET by ckc1227"Uh, you are trying to convince the wrong guy. I am a Conservative first, not a party man!"
See, I'm an American first. Obama is very very bad for America, whether or not you're a party man.
Obama's Economic plan: more taxes, more spending, more regulation. Prosperity here we come.
You are correct to sound
October 8, 2008 - 10:52 ET by dscottYou are correct to sound the alarm over a NEW entitlement program the Dems have offered as their vote buying scheme. The problem is the Dems have been very successful in packing the country with illegals who can't pay the hospital bill leaving all of us collectively to pay those bills in higher insurance costs. 13 million low wage workers don't have the money to pay a hospital bill, so what's Obama's solution: Create a new government program with a bureaucracy to start a government sponsored health insurance company who has a direct line to the Treasury, i.e. the taxpayer's wallets. They created the issue to solve it. Kick out the illegals and the cost of medical care will drop. This is no different than with theft in retailing, you pay about 5% premium in the purchase price because of shoplifting. We the public are forced to subsidize the theft by others. Someone has to pay and a business can't stay in operation not making a profit, so guess who gets to pay? Those who supposedly can afford it.
Nancy Pelosi and Harry Reid, starving the poor one gallon of ethanol at a time. Fill your tank with E85 and cull a village.
Well . . Start being a Code Pink equivalent . Let us MARCH NOW
October 8, 2008 - 11:58 ET by JayTeeA million Man March is going to be necessary ....unemployed people have TIME TO MARCH
The Republican Revolution will not be Televised
Ok, but I am NOT wearing
October 8, 2008 - 12:00 ET by Clear thinkerOk, but I am NOT wearing pink!
A Very Strange Political Blog
Making Fun of AGW http://giovanniworld.wordpress.com/
How about "Code Blue"?
October 8, 2008 - 12:11 ET by bloolooThat's what it's called when the patient is dying! It seems to fit! ;-)
"I might be movin' to Montana soon..." - FZ
Gun rights debate missing?
October 8, 2008 - 10:46 ET by gregfaheyI don't get it. The issue of gun ownership and the 2nd Amendment has not been brought up in this campaign and I have to ask:
"WHY NOT?"
It's a winning issue for the Republicans. Ask Gore. Now, Obama's team must thrilled that McCain is asleep on this issue. Obama was for the DC gun ban. The SC turned it over. Obama has a plethora of soundbites about gun ownership and how he believes it's for "hunters" and "sportsman". Time to scare those people in TN, VA, MI and other (apparently) blue states by pointing out that Obama and a Democratic majority would do all they can to restore the "Clinton" style laws and then some!
Schumer's chesire cat grin would morph into The Joker's at the prospect of Obama in the WH. Bet your farm that they would all of a sudden bring up guns as soon as Obama gets the nod.
Wake up! My God, what is McCain waiting for? He has Palin to fire up this NRA crowd and he's fiddling. It's a winning issue that the Republicans are apparently willing to give the Dems a break on. I call it a gift all the way to the White House.
Or am I missing something here?
The Second Amendment
October 8, 2008 - 11:56 ET by iveseenitallAmericans' "rights" under The Second Amendment are far from the only ones in jeopardy. Last night Barry said that health care is a "right". Where does the Constitution say that, Mr. law instructor? Can you imagine our courts under his appointees? We are in deep soup, folks. America, as we've known it, is under attack from the left. And they appear to be outnumbering us and surrounding us. It's America's ( the America of our Founders) last chance. Fight or die.
NEVER,NEVER trust a "liberal"
True, isia,
October 8, 2008 - 12:39 ET by Indiana JoeBut BO calling health care a "right" appeals to those brain-dead enough to believe it. Face it, declaring something people want a "right" is a vote-getter for most. They've been trained to believe that government exists to help them exist. The idea that something that is "good" for them shouldn't be provided or protected by the government... well, just try to explain that concept to someone as an example of "dangerous" over-reaching. They'll look at you like you're the crazy one.
On the other hand, enough Americans have a clear knowledge (so far, at least) that taking away rights is not the government's role. They have a problem understanding that the Constitution limits the powers of government, but they do realize that it protects the rights of the people. In fact, I'd wager that most average people would be challenged to quote a single sentence of the Constitution that isn't in the Bill of Rights, so the idea that the whole thing is about "rights" is a common misconception, IMO.
So, while the creation of new rights should be cause for concern, no argument, the restriction of rights would get more attention, worry people more, and be more effective an argument when it comes to changing voters' minds, I think. Which makes the gun-rights argument more effective as a political tactic. And pretty damned important to get out there in it's own right to boot.
"... smells like.... victory." - Robert Duvall, Apocalypse Now
GregFahey... This is
October 8, 2008 - 12:03 ET by Clear thinkerGregFahey...
This is definately a winning issue. Last week I changed the minds of 5 Democrats by simply asking them... "did you know that Obama wants our guns?".
A Very Strange Political Blog
Making Fun of AGW http://giovanniworld.wordpress.com/
Then why the silence from
October 8, 2008 - 12:47 ET by gregfaheyThen why the silence from McCain's campaign? This has always been the straw that breaks the Liberal camel's back.
The Dems learned to never bring it up after Gore losing.
Yet, McCain seems intent on burying this issue. It makes no sense.
Links:
http://politicalnews...
http://www.buckeyefi...
Time for McCain-Palin to pull out all the stops. Expose Obama-Biden for what they are. Factor in a Democratic majority for Obama and it's beyond scary. I will never forgive McCain if he doesn't bring up this MAJOR issue. He's got the hand. He's letting a pair of 3's beat his 4 Jacks!
Another thing (whilst I rant): What is it with these "undecided's"? You mean they don't know where these candidates stand on the issues? This ridiculous notion that "who won the debate" somehow makes a President is maddening to me. I mean, these undecided's are basing their vote on who "wins" a debate? Aaarrrggghh!
Oh, and ANOTHER thing:
3 debates. Lehrer, Ifill and Browkaw. Next up is Schiefer. Imagine if Hannity was chosen? Liberals have taken over because most of America is asleep. They don't educate themselves on the issues or candidates and choose the next president whilst sitting on ther couch ala American Idol. I'm afraid we're going to get what we deserve in this country for becoming like lazy Roman's in the 1st Century. We're going down. God is letting us choose our destiny and, like Rome, we will soon be in ruins.
OK, all done now.
(Love your blog Clear Thinker)
The fall in stock value is
October 8, 2008 - 11:00 ET by dscottThe fall in stock value is only tangential to the actual economy. The cost of gasoline and oil is dropping, thus lowering costs to businesses and consumers. Until gasoline drops down to 2006 levels the economy will continue to slow. The panic and hysteria is overblown and being fanned by the MSM because they refuse to make the connection to the price of oil which was the tipping point that brought down the house of cards. The coming recession will be short as the market is correcting the price of gasoline by a major reduction in consumption. http://tonto.eia.doe.gov/oog/info/twip/twip_gasoline.html#demand (website will be updated sometime today with last weeks info.)
Nancy Pelosi and Harry Reid, starving the poor one gallon of ethanol at a time. Fill your tank with E85 and cull a village.
dscott,
October 8, 2008 - 12:43 ET by Indiana JoeGas is down to about $3.30 here (NW Indiana), and has been dropping like a rock. 4-6 and more cents a day, sometimes twice a day. Down about $0.55/gal in the last week or so.
"Please, sir, may I have some more?"
"... smells like.... victory." - Robert Duvall, Apocalypse Now
$2.95 south of Cleveland,
October 8, 2008 - 12:58 ET by IgnatzJFahrquar$2.95 south of Cleveland, OH
"All generalizations are false, including this one.” Mark Twain
Oil only one piece of puzzle
October 8, 2008 - 13:19 ET by Ten7sOil is only one piece of the puzzle. The real cause is the bursting of a world-wide credit bubble. My guess is that this will take quite a while to fix. But your right about one thing, there will be panic that will only make things worse. And I would expect some hoarding this year, to the extent that people are able given huge personal debt and the falling value of assets (home equity, investments, etc.)
See post below for detailed
October 8, 2008 - 13:47 ET by dscottSee post below for detailed explanation. Bottom line is you can't pay your mortgage if you are laid off. Businesses are forced to lay off workers when costs rise sharply. Labor didn't rise sharply in 2006, but gasoline did.
People with low FICO scores, whom the CRA was targeting, are typically working in jobs highly sensitive to bottom line costs affected by the price of fuel. The FICO score doesn't simply indicate your payment history but your payment ability. Low FICO scores are not just about someone missing a payment or not paying bills, they indirectly reflect the stability of the job they hold. This is why people with low FICO scores should rent NOT own property. It was irresponsible for the CRA and by extension Democrats, who insisted on this, to set people up for the fall when they simply didn't have the economic means/flexibility to weather an economic downturn.
Nancy Pelosi and Harry Reid, starving the poor one gallon of ethanol at a time. Fill your tank with E85 and cull a village.
They just updated the page,
October 8, 2008 - 13:35 ET by dscottThey just updated the page, gasoline consumption nationally is down 5.5% from last year at this time. The rate of reduction is still very steep per the graph. Once you see the turn on the graph indicating an uptick in consumption at that point you will know the economic recovery has begun. If you look to the top of the page notice the average price of gasoline for the US, still 71 cents per gallon higher than last year at this time.
Look at this page: http://tonto.eia.doe.gov/dnav/pet/hist/mg_rt_usw.htm Notice the fluctuation of price around $2.50/gallon in 2006, that is where I believe the wheels started falling off the wagon.
Now use this page from the BLS to see the employment picture of that time period. http://www.bls.gov/webapps/legacy/cpsatab1.htm
check the seasonally adjusted employment and unemployment, then click the retrieve data button. To make it easier to see, check the box at the top of the page where it says include graphs then click GO.
Notice when the # of employed leveled off? January 2007
Notice when the # of unemployed started rising? January 2007
So the burning question is for Nancy Pelosi, Harry Reid and their underling, Barack Obama, why didn't you keep the 2006 promise to lower the price of gasoline? You had in your power to do so by lifting the drilling ban when you saw the level of unemployment rising precisely when you took control of Congress in January 2007. You broke your promise just like you did every last one of the other promises during that campaign. Barack Obama approved of their strategy by voting for it. Hold him accountable.
If the McCain campaign is too dense to make the connection and hold Democrats accountable for their broken promises, he deserves to lose. There is a reason why Obama is running against George Bush's record, it's called Projection, Obama is accusing Bush to cover up the failures of the Democrat lead Congress with whom he walked in lock step. The economy was recovering fine for most of the 6 years from the 911 attacks and Dot com bust. Then came Nancy and Harry running Congress. How is that working out for us?
Nancy Pelosi and Harry Reid, starving the poor one gallon of ethanol at a time. Fill your tank with E85 and cull a village.
Here I am can't sleep,
October 8, 2008 - 11:08 ET by upcountrywaterMy business will be ok if and only if, people remain civil, and do not vandalize my equipment. As unemployment rises,... the likelihood that that may happen increases.
Hawaii gets ALL it's oil from Indonesia.. they went down 11% yesterday... fuel oil electric power plants ...
This place will be a hell hole in a panic, no driving out of here.
0bama land filled with entitlement kooks.
CLIMATE CRISIS
IranianUranium
I can't wait to here what Jerome Corsi has to say...
October 8, 2008 - 11:13 ET by bloolooOne of Corsi's bosses was just on the radio saying he has some more info on Obama's ties to Odinga and his friends in Kenya. I guess the Kenyan's didn't want Corsi raining on Obama's parade... at least, not in Kenya. Corsi is safely in London right now. I can't wait for him to hit the talk shows!
"I might be movin' to Montana soon..." - FZ
But did he get Obama's
October 8, 2008 - 11:15 ET by dscottBut did he get Obama's birth certificate or at least the hospital he was born in???
Nancy Pelosi and Harry Reid, starving the poor one gallon of ethanol at a time. Fill your tank with E85 and cull a village.
Bloo, Corsi is going to be on Sean's show today.
October 8, 2008 - 11:59 ET by R D HelmShould be interesting.
Here is the latest on Corsi from WND, as he has been in contact with them.
Interesting stuff.
I would like to think the Bush State Department is....oh, nevermind!
It actually sickens me to think that the voters of this nation are about to put that Marxist puke that is Obama in the White House.
-Dave
If this nation is to be saved, umm, oh, nevermind! We're glued, screwed and tattooed!
Where is Congressional Investigation ? ? we had Scooter Libby ..
October 8, 2008 - 11:33 ET by JayTeeFHA FANNIE MAE had their Own 200+ Fed employee Regulatory Agency . . .Who (we know) Ignored the Regulators ????????
WHERE IS THE INVESTIGATION BY CONGRESS ????
If Scooter Libby was Investigated for Months....When is the Financial investigation gonna Start . . I want NAMES ARRESTS HANGINGS
The Republican Revolution will not be Televised
Congressional investigation?
October 8, 2008 - 12:09 ET by LionKingPelosi does not want this to come out!
I am with you.
October 8, 2008 - 12:55 ET by JWFBring back tar and feathering.
Sincerely,
a Veteran of a 1000 psychic wars.
SNL bailout skit returns!
October 8, 2008 - 11:40 ET by balboaSNL bailout skit returns! It's back on NBC.com.
»→ Saw that bal
October 8, 2008 - 11:51 ET by Cool ArrowGuess it should have been obvious "People who need to be shot" carries with it a certain level of liability.
It was irresponsible of SNL. I hope they don't back off on their satire too much.
God, bless Your Americans.
Far from over, here is the
October 8, 2008 - 11:41 ET by KevpotFar from over, here is the latest Zogby:
The candidates remained tied on economic issues.
42% believe Obama would do the best job handling the U.S. economy, and
42% say McCain. 62% meanwhile believe the economy is the most important
issue facing the U.S.
McCain, however, now has his largest lead ever on energy issues. 46%
favor the GOP nominee on managing U.S. energy policies, and 40% favor
Obama. One week a
Acorn voter fraud
October 8, 2008 - 11:43 ET by VinncyGAs of this morning 10 keyswing states have seized voter registration of Acorn for fraud. I placed an article about Obama's tight ties to Acorn three times on Newsbusters and they were removed them within 30 minutes. If we can't educate ourselves about the background of this unqualified candidate because the mainstream media refuses to do their job how are we to get the message out?.
The article appeared on Newmax.com and they had no problem in forwarding the article to others. I felt the quickest way was to use one of the best outlets we have Newsbusters but evidently they are not interested.
Please educate yourself and see if you can archive the article and see just how detestable this guy is.
Who are you saying removed the stories VinncyG?
October 8, 2008 - 12:00 ET by bloolooCheck this link... and check the author. None other than NewsBuster's own WTH. I don't think NB would be removing anybody's stories (or links).
More on ACORN here...,
and here... there's a LOT of them out there...
"I might be movin' to Montana soon..." - FZ
(edited to fix the links...)
blooloo,
October 8, 2008 - 12:47 ET by Indiana JoeYeah, that "removed" kind jumped at me. Never heard that charge, except from some trolls who crossed the line. I've seen stuff left up that I sure as hell would have pulled down, were it up to me.
Methinks there may be another explanation.
"... smells like.... victory." - Robert Duvall, Apocalypse Now
"I placed an article
October 8, 2008 - 16:52 ET by ckc1227"I placed an article about Obama's tight ties to Acorn three times on Newsbusters and they were removed them within 30 minutes."
Did you post the entire article here, or just an excerpt with a link to the full piece? If you posted the full article here, you violated copyright. If that's what you did, then that's probably why it was removed.
Obama's Economic plan: more taxes, more spending, more regulation. Prosperity here we come.
Cleveland ACORN pulled before Elections commission
October 8, 2008 - 11:45 ET by IgnatzJFahrquar100 canvasers "fired" for improprieties and fraud stemming from a complaint filed by a woman who had her identity stolen and used for registration. What a surprise. Add it to the growing ACORN fraud list.
Heard it on the 11:00 news on WHK (Conservative talk ... Mike Gallegher is on now). Could not find anything yet in the local ragThe Plain Dealer.
"All generalizations are false, including this one.” Mark Twain
The latest on ACORN
October 8, 2008 - 12:13 ET by ricklailI just read that in Nevada they used the Dallas Cowboy roster.
Add it to the map!
October 8, 2008 - 12:15 ET by Roger the ShrubberAdd it to the map!
Hey Rog, a co-worker of
October 8, 2008 - 12:21 ET by IgnatzJFahrquarHey Rog, a co-worker of mine is a Pittsburgh native and he was telling me of some ACORN bruhaha over party affiliations being switched from R to D. Doing a quick search I have not come up with anything. You hear anything similar?
"All generalizations are false, including this one.” Mark Twain
So what do you think?
October 8, 2008 - 12:05 ET by Prester JohnSince Countrywide is going to help out 400,000 or so of its customers who got "suckered" into getting mortgages they had no business getting by reducing the interest rates and/or reducing the remaining mortgage balance, I wonder what sort of reward/bonus they will give to someone who didn't over extend themselves (like me), who got a fixed rate (like me), and who has never been late on a payment (like me)?
Any ideas?
PJ...
October 8, 2008 - 12:06 ET by LionKingYou get the satisfaction of knowing that you are not a participant in the socialization of the USA.
We'll be stuck
October 8, 2008 - 12:06 ET by BlondePaying ours AND theirs, of course.
It's the new American paradigm.
David Gregory, do you know which damn network you lie for? ~ Uncle Jimbo, @Blackfive
Prester... You get a
October 8, 2008 - 12:08 ET by Clear thinkerPrester... You get a T-shirt with the banks logo on it.
A Very Strange Political Blog
Making Fun of AGW http://giovanniworld.wordpress.com/
»→ No toaster?
October 8, 2008 - 12:12 ET by Cool ArrowI want a toaster.
God, bless Your Americans.
Cool... Actually, my sick
October 8, 2008 - 12:21 ET by Clear thinkerCool...
Actually, my sick sense of humor thinks it would be funny to see a bank hand out toasters. All the toasters have a huge logo of the bank on them, and in fine print it says... Your'e gonna need this because by the time we get through with you, you will be eating sandwiches the rest of your life.
A Very Strange Political Blog
Making Fun of AGW http://giovanniworld.wordpress.com/
Toaster
October 8, 2008 - 12:30 ET by Cool ArrowWe need more toasters.
We are toast, and unto toast we shall return.
God, bless Your Americans.
How about....
October 8, 2008 - 13:10 ET by Prester John....a T-shirt AND a toaster? (Although I'd really like a new microwave)
Oh, and since I just received an offer from Countrywide for a "complimentary" review of my mortgage, I'm seriously thinking of calling them and asking them for the same sort of deal they're giving those hapless, helpless, innocents who were dragged kicking and screaming into the office to sign on to those evil option ARM mortgages.
I'm (like you) in every
October 8, 2008 - 12:59 ET by billbI'm (like you) in every respect! If the mortgage companies think they have trouble now, just wait until your local tax collector sends your new tax bill for 2009! This could very well set off the biggest tax revolt this country has ever seen. I realize that local taxes are usually paid through escrow funds, but if enough homeowners refuse to replenish their escrow, mortgage companies will be confronted with possibilty of a whole new round of defaults. They may even give up and not collect escrow. Up until now, we've observed every aspect of our contracts.
And now, today's Shrub
October 8, 2008 - 12:13 ET by Roger the ShrubberAnd now, today's Shrub Report®:
Trying to get a few Shrub Reports in before the Apocalypse. I already have my V-8 Pursuit Special tuned up, ready to use.
Ninety years ago today, in the Argonne, an American corporal not named Gary Cooper single-handedly kills two dozen Huns, and captured another 125 or so.
Again with the "my mother was on food stamps" story…
An error of judgement.
Biden's almost-uncountable number of gaffes go unchecked by the majority of the media, while Palin's non-gaffe sends Libs into a tizzy.
It's never too early to start "dooming and glooming" the upcoming Holiday Season. Oh, no!
I assumed this was being held in Katmandu.
Is your town the best sports town in the US? Damn Pirates, dragging Pittsburgh down to #11.
Stalwart community group helps professional sports team register to vote. Now THAT's America!
See, America? It's not just you that George Soros despises.
Even CBS notices the "irregularities" of Obama's donations.
On this date, 1988, Dark Side of the Moon fell off the Billboard album charts, 741 weeks after first appearing on it.
Finally, an indictment.
Global Warming Zealot = Luddite.
Prosecutor Andrew Stubbs QC, warned jurors that details of the case were 'unpleasant and disturbing. No sh*t?
Today is Moonbat Wednesday. Born today: Gus Hall, Dennis Kucinich, Matt Daaaaaaamon. On the bright side, Che Guevara got himself perished on this date.
And, finally, an Obama Update.
Ranking sports towns
October 8, 2008 - 12:22 ET by ricklailIs that some kind of a joke? Cullowee NC is ranked 222. There is nothing there but Western Carolina University. They have around 9,000 students. They play in the NCAA Division 1A. As far as I know they have never won a championship in any sport.
#1 Sports Town
October 8, 2008 - 12:32 ET by Cool Arrow#1 has got to be Las Vegas. Home of the Dallas Cowboys.
God, bless Your Americans.
Oh yeah. They all are voters
October 8, 2008 - 12:59 ET by ricklailOh yeah. They all are voters in NV. I wonder how many them wil vote for Dingy Harry?
Good report today,
October 8, 2008 - 13:45 ET by Indiana JoeSeveral deserving of remark, IMO.
Since when does the Christmas SS start before Halloween? Hell, I thought it was after Thanksgiving. Just kidding, I know it will be Labor Day next year. But we're gloomygloomygloomy? Thanks for the memo, I didn't realize... I'll get right on that.
Okay, yeah, Dave Kernell is Mike's son, but they were really more of "acquaintances."
Campaign contribution trickery from the Chosen One? Well, you gotta admit, the random-letter generated names is "change." Believe it.
Finally, I really gotta say that, if Italy wants to fingerprint en masse, they should do it to everyone or no one. I can't agree with doing just one group. Maybe I'm mis-reading your meaning here, Shrubber, but I <cough> have to agree <hack> with <whoop!> Soros on this one.
And I'm Italian!
"... smells like.... victory." - Robert Duvall, Apocalypse Now
As Sgt. York proved
October 8, 2008 - 18:54 ET by HillbillyKinghillbilly's are not to be messed with. :-}
Read a little bit more about an American Hero here.
I would say his Medal of Honor was well deserved.
Great report Shrubster, glad to see em. Keep em coming.
If you make people think they're thinking, they'll love you; But if you really make them think, they'll hate you.
Don Marquis 1878-1937
Barack Hoover Obama
October 8, 2008 - 12:24 ET by ChrisMillsMcCain had a few good lines, but one of the best was calling out Obama for who he's trying to be - Herbert Hoover. No one could blame Hoover for the stock market tumble in '29, but it's what he did afterward that really hurt. Raising taxes and slapping down gov't regulation on business was the wrong approach and until FDR came along and made it all worse with more of the same, the dems criticized Hoover for being a big gov't hack and exasperating the problem. If Obama is elected we'll be doomed to repeat history.
»→ Can we drop
October 8, 2008 - 12:47 ET by Cool ArrowCan we drop:
LYDSEXICS UNTIE!
And: <thumbs up> Plus
October 8, 2008 - 13:05 ET by IgnatzJFahrquarAnd:
<thumbs up>
Plus the biggest:
Bringing up or retorting with the use of the same old stump speech talking points. How 'bout, "That one's commentary on me is nowhere near factual, but rather than further discussion on that, I'd like to talk about prolife and guns."
"All generalizations are false, including this one.” Mark Twain
Get off ACORN's back!
October 8, 2008 - 13:26 ET by IgnatzJFahrquarit's not their fault. <very heavy sarcasm off>
http://blog.clevelan...
"Kris Harsh, ACORN's head Cleveland organizer, blamed the elections
board for not scrutinizing ACORN's suspicious cards. He said the group
can't be expected to catch everything."
Guess what would happen if I gave a client faulty design documents and told him he was responsible for MY errors? Ahhh, yeah.
"All generalizations are false, including this one.” Mark Twain
Article on Acorn
October 8, 2008 - 13:55 ET by VinncyGGuys the article was lengthy and was no longer on the sight. I'm sure Newsbusters has their reason for removing it. However please go to Newsmax and archive the article you will be amazed how entwined Obama is in Acorn.
With that said, I do like the toaster idea for getting people to bank again.
Madonna has banned Sarah Palin from her concert tour!
October 8, 2008 - 14:17 ET by R D HelmYeah, like Sarah is going to lose any sleep over this.
God, can these people get any more ridiculous?
-Dave
RD... Now that's funny!
October 8, 2008 - 14:24 ET by Clear thinkerRD...
Now that's funny! Thanks, I really needed that.
Do You Feel Better About Your Candidate After Last Nights Debate?
Making Fun of AGW http://giovanniworld.wordpress.com/
Dave... That is so
October 8, 2008 - 14:31 ET by bigtimerDave...
That is so hilarious...
Give me a break, does she think she is going to make news with this...anything to grab attention.
"America isn't the problem...America is the solution." ~ Rush Limbaugh
This is not a meltdown
October 8, 2008 - 14:18 ET by Lame CherryFor historical perspective, 1981 was far worse in a literal meltdown of the United States economy.
All of this is frustrating as apparently all of the children featuring stories posted here and making comments were too young to remember what a real depression was like in the final Carter years and how bad it was in the first 2 years of Ronald Reagan.
I can remember lecturing some "old people" who were 50 at the time as a teenager about giving Reagan a chance as they were spouting a great deal of the same nonsense appearing on Newbustsers in forums.
Ronald Reagan just did not happen. It was one horrendous fight every single day from 1979 to his re election in 1984. 1981 was the the worst of it economically as his trickle down economics had not yet engaged along with the tax cuts and people were really scared.
FEAR, is not happening now, so don't even try to go there with statements like that. Farmers were marching on Washington DC in convoys, Federal Police were called out during the Carter years. Farmers actually disarmed one police officer on television.
That is meltdown as Billy Joel wrote Allentown. This whole country was going down the tubes literally then. So for those people who are doing a great deal of idiotic talk or propaganda in talking meltdown, this is not even a recession.
I have explained this is a CONSTRICTION. That means a tightening of money supply. EVERYTHING was over priced in this world and there was far too much money floating around. The stock markets were over priced and too many bad loans were floated in the west for the simple reason of soaking up money Bush 43 had printed to stop the Clinton recession from becoming a global depression.
Nation rapist Warren Buffett informed Charlie Rose this mess could be cleaned up in 6 months which astonished Rose. I said the same thing a year ago. That is the fact in this is a looting of the economy and nothing more.
All this is is a over tier economy which the financiers run being milked for several trillion dollars. For those ignorant people who after the dotcom engineered bust didn't learn your lesson and had your retirement still in Wall Street bogus investments, too bad you lost $2 trillion and Warren Buffet and his cronines gained $2 trillion.
If you are that stupid you shouldn't have that money as you don't know how to handle it.
How many times did Rush Limbaugh tell you people what Ross Perot did? What does Rush do with his money? Gee Perot put it into tax free municiple bonds. That is a great retirment venue and it also means you are building your community.
There are no excuses for having your retirement funds in places they should not be, because Obama's people are going to steal them every time to get him elected just like they did with Bill Clinton.
John McCain does have a fix with Martin Feldman of Harvard. I informed Mr. Feldman that there must be a building cycle in this in grants to homeowners for national security to create a building boom of 5 years to get the economy moving.
By that time Mr. McCain is focusing on nuclear power plants to provide a 10 year bubble which is fine as long as they are Americans employed and not border busters.
Obama's plan is to focus money into the select few making them all billionaires and charging you a fortune for electricity you can not afford.
So get the terms right by reviewing the exact history as this is a constriction and a simple looting of retirement funds to make people more dependent on the government which is termed communism, and then the whiners to keep the handouts people who work are giving them, keep electing Marxists like Obama to office in Robert Mugabe forever el presidente.
If you have taken my advice and paid your bills off which I have been warning since 2002, (hey if Lyndon LaRouche saw this coming years ago, there is no excuse for anyone not seeing this constriction coming as it has been posted all over the internet.), you have the ability to keep yourself warm this winter and a few loaded firearms with a pantry filled with things like flour, you are going to be just fine.
Keep your cash as they are lowering interest rates in banks around the world to flush that cash out of banks and the stock market into Buffett's greedy big paws and simply trust in God, vote for McCain Palin and it will be ok.
As I have stated, when the bad times come you are going to know they are bad times. People who lived in 1930 knew it and people who actually had to endure the Carter years knew it. This is nothing, but when the bad times come you will know it and not have to have a discussion about what is and what is not.
God bless
agtG
*HIC IACET ARTORIVS REX QVONDAM REXQVE FVTVRVS
Sorry Cherry... This
October 8, 2008 - 14:30 ET by Clear thinkerSorry Cherry...
This "CONSTRICTION" you talk about is chaffing my butt!
Do You Feel Better About Your Candidate After Last Nights Debate?
Making Fun of AGW http://giovanniworld.wordpress.com/
Rush is nailing Obama and his bomb-throwing buddy to the wall.
October 8, 2008 - 14:22 ET by R D HelmGood stuff.
-Dave
If this nation is to be saved, umm, oh, nevermind! We're glued, screwed and tattooed!
Sarah is speaking at a McCainPalin rally in PA...
October 8, 2008 - 14:28 ET by PrairieSkyShe is working her heart out for this ticket...If McCain loses, it won't be because of her. She is just terrific, and is the best thing that ever happened to McCain's campaign.
"...peace is the highest aspiration of the American People. We will negotiate for it, sacrifice for it, we will never surrender for it, now or ever." President Ronald Reagan, January 20, 1981
Palin
October 8, 2008 - 14:31 ET by LionKingShe nailed Biden on his opposition to clean-coal. She tearing Obama-Biden to shreads over their proposed energy policy.
You Go Girl!!! Do You Feel
October 8, 2008 - 14:34 ET by Clear thinkerYou Go Girl!!!
Do You Feel Better About Your Candidate After Last Nights Debate?
Making Fun of AGW http://giovanniworld.wordpress.com/
»→ NEWSWEEK
October 8, 2008 - 14:36 ET by Cool ArrowWhy does NEWSWEEK think we are the problem?
Could it be sour grapes that their subscription rate is lower than GRIT?
LYDSEXICS UNTIE!
I wouldn't use Newsweek to line my cat's litter box!...
October 8, 2008 - 15:07 ET by PrairieSkyI saw that article. What crap! We stopped taking Newsweek years ago, and haven't missed it. All is it pretty much is anymore is a bunch of elitist, leftist propaganda.
"...peace is the highest aspiration of the American People. We will negotiate for it, sacrifice for it, we will never surrender for it, now or ever." President Ronald Reagan, January 20, 1981
I would, but then again I
October 8, 2008 - 15:19 ET by Clear thinkerI would, but then again I don't like cats. Sorry.
Do You Feel Better About Your Candidate After Last Nights Debate?
Making Fun of AGW http://giovanniworld.wordpress.com/
Sorry to hear that, Clear...
October 8, 2008 - 15:41 ET by PrairieSkyDon't like cats, huh? Too bad...You must be a dog person then. Well, if you are, then how about this...I wouldn't use Newsweek to line your dog's dog bed...LOL!
"...peace is the highest aspiration of the American People. We will negotiate for it, sacrifice for it, we will never surrender for it, now or ever." President Ronald Reagan, January 20, 1981
Prairie... I have lot's
October 8, 2008 - 15:46 ET by Clear thinkerPrairie...
I have lot's of Dogs, and no, I'm not a hoarder. Anyway, you are correct I would not let that rag anywhere near my dogs. I don't want them getting corrupted.
Do You Feel Better About Your Candidate After Last Nights Debate?
Making Fun of AGW http://giovanniworld.wordpress.com/
Hey Clear, don't sweat it...
October 8, 2008 - 18:12 ET by PrairieSkyI'm sure you're not a hoarder...We have three cats ourselves. We did have four, but unfortunately we had to have one, our oldest (he was 17), put to sleep in June. He'd been sick for a long time, and I'm still not over it.
Enjoy your dogs!! It's always good to run into another animal lover!!!
"...peace is the highest aspiration of the American People. We will negotiate for it, sacrifice for it, we will never surrender for it, now or ever." President Ronald Reagan, January 20, 1981
Cool
October 8, 2008 - 15:19 ET by ricklailThis must be from the DNC talking points. This letter to the editor ran in our local paper. The writer is a Dem operative. I removed his namr from the letter.
‘Regular folks’ not necessarily ‘needed’ in positions of power
A few weeks ago a letter lauded the merits of vice presidential candidate Sarah Palin as those of “regular folks,” saying this country “needed” someone like her in a position of power. Might I suggest that what this country doesn’t need is “regular folks” in positions of power? It wasn’t “regular folks” who founded this country. Thomas Jefferson certainly wasn’t “Joe Six Pack,” the appellation Ms. Palin has adopted to describe herself and what this country needs as a vice president. John Adams wasn’t “regular folks,” nor was Ben Franklin or Thomas Paine or George Washington or James Madison. They were worldly, intelligent, inquisitive human beings — not people more suited to the Comedy Channel than the White House.
America has had eight years of “regular guy,” George Bush — the guy you want to sit down with and have a beer. Enough of “regular folks” and the “common man” in positions of authority. Give me someone spectacularly uncommon. I’ll drink my beer with my buddies, thank you, and pray that a person of substance leads this nation into the 21st century.
»→ Market Question
October 8, 2008 - 14:46 ET by Cool ArrowWhat effect will the end of the ban on short selling at midnight tonight have on tomorrow's market?
Anybody have an opinion?
LYDSEXICS UNTIE!
Per USA Today
October 8, 2008 - 14:56 ET by IgnatzJFahrquarProbably not much ... which means that there will be some hugeassed rise or fall.
http://www.usatoday....
"All generalizations are false, including this one.” Mark Twain
»→ Thanks Fahrquar
October 8, 2008 - 14:59 ET by Cool ArrowI'm taking that as "If you don't understand it, steer clear"
I'll sit on the sidelines again today.
LYDSEXICS UNTIE!
Hi CA... I heard early
October 8, 2008 - 15:13 ET by bigtimerHi CA...
I heard early this morning on FB that they would probably reimpose the short-selling ban....plus something about wanting the uptick rule brought back...
I do not even come close to completely understanding that...although someone briefly tried to explain it, but was interrupted..
Of course that was a talking head and his opinion...so take it from there.
"America isn't the problem...America is the solution." ~ Rush Limbaugh
»→ Thanks, bt
October 8, 2008 - 15:21 ET by Cool ArrowI'll sit out with a guaranteed 3% apy until a more understandable situation reveals itself.
LYDSEXICS UNTIE!
»→ Bambi measuring the drapes
October 8, 2008 - 15:03 ET by Cool ArrowObama today said he is planning some renovation of the WH bowling alley.
Guess Joe from Scranton won't be inviting the gang from Katie's Diner over for Bowl & Brewskis.
LYDSEXICS UNTIE!
Are you serious?? I missed that...
October 8, 2008 - 15:13 ET by PrairieSkyWhere did he say this?? Isn't that just a bit presumptuous? Well, maybe not for Obamessiah, given that fact that he has already fashioned his own version of the presidential seal earlier in the campaign.
Geez, I can't stand this man.
"...peace is the highest aspiration of the American People. We will negotiate for it, sacrifice for it, we will never surrender for it, now or ever." President Ronald Reagan, January 20, 1981
Dont get me wrong, its
October 8, 2008 - 15:19 ET by play21cwDont get me wrong, its pretty bad out there, but whats happening here is that the MSM is telling everyone that it is WORSE that it really is, and saying it will get worse. Why you ask.. take a guess, to fulfill their political agenda, the MSM and democrats have brainwashed people into thinking that Obama can fix the economy without experience.
SO here's how they want it to play out, they think once Obama is elected it will create a sense of ease in the market and things will get better, on the surface, and then Obama will get credit for what the MSM hyped up because they will stop reporting how bad it is and say its getting better and it will continue to get better and Obama will be a genious (hardly)
This is a massive conspiracy by the MSM to get Obama elected on all fronts.
p21... No, it isn't a
October 8, 2008 - 15:24 ET by bigtimerp21...
No, it isn't a conspiracy, it has been in the making for a long time...the market has been over-priced for a long time...for various reasons...all things have to come to a head eventually, no matter which party is in office.
"America isn't the problem...America is the solution." ~ Rush Limbaugh
Not sure... I'm not
October 8, 2008 - 15:25 ET by Clear thinkerNot sure...
I'm not convinced that this was a conspiracy because I don't think the Dems are this smart. However, I do see the media and the Dems playing this for all it's worth!!!
Do You Feel Better About Your Candidate After Last Nights Debate?
Making Fun of AGW http://giovanniworld.wordpress.com/
Right i agree, it was just
October 8, 2008 - 15:28 ET by play21cwRight i agree, it was just a rant..
They probably arent that smart, but the media is known to hype up what they want, when they want to. And on the contrary keep certain things (things that would damage themselves or their candidate) 100% quiet.
Ct... They always
October 8, 2008 - 15:31 ET by bigtimerCt...
They always do...every election if possible.
Of course they have plenty of culpability in the reasons for a lot of this mess...and now we have the lovely govt. sticking it's head in ...again...going global to-boot.
Just peachy.
"America isn't the problem...America is the solution." ~ Rush Limbaugh
bt... If you want to blow
October 8, 2008 - 15:36 ET by Clear thinkerbt...
If you want to blow off some steam, come to my blog and help me with some libs...Do You Feel Better About Your Candidate After Last Nights Debate?
I started a small fire and need help putting it out.
Making Fun of AGW http://giovanniworld.wordpress.com/
Joe McCain... ..this had
October 8, 2008 - 20:13 ET by bigtimerJoe McCain...
..this had to be a kissing cousin of Biden's for a gaffe like this...I got a kick out of it!
"America isn't the problem...America is the solution." ~ Rush Limbaugh