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  1. #16
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    Quote Originally Posted by kevin21boston View Post
    I'm watching this guy on Letterman. I can't believe he gets away with these lies. Such an idiot.



    First he says "If we didn't pass the stimulus then we would have lost an additional 1.5 to 2 million jobs."

    -First off, this directly contradicts what he said when he was trying to pass this in January and February when he said that if we pass it then unemployment won't rise above 8% but if we don't pass it it will hit 10%.

    -Second, look at the numbers he just gave. 1.5M to 2M additional unemployed people. Let's say those 2M made $50,000 a year. Which they didn't. But for the sake of argument...If you multiply 2M by 50K you get $100,000,000,000 or $100B. That's how much money would be coming out of the economy. So he's saying that we spent $787B to save $100B? FAIL.



    -Then he starts attacking TARP. He said that we shouldn't have given hundreds of billions of dollars to banks. What he didn't say was that most of those banks that received money are already making billions of dollars again and are repaying TARP. Funny how he neglected that.





    Face it guys, this guy is a failure. All Obama seems to be do is make media appearances, have beer summits, and gallivant around the country trying to pass a bill that people don't want passed. GET TO WORK YOU FCKING BUM.
    Lol at the idea that you can call a presidency a failure after only nine months. Hahahahahahahahahahaha.

    You do realize that a presidential term is FOUR YEARS LONG don't ya?

    Since we're on what's supposed to be a sports website, let me use a sports analogy...

    The Tennesee Titans are currently 0-2. Is their season a failure? Or better yet, let's do this mathematically...if they go 0-4, should they just pack up and quit? Now, I'm not saying that OUR president's job performance so far is the equivilent...you did. But if what you say is true in such a SHOOOOORT amount of time, then I guess the San Diego Chargers should've just went home instead of coming back, catching the Denver Broncos, and beating the Colts in the first round of the playoffs.

    For all you critics out there, can we quit our bi**in and wait til about 2 1/2 years before we sum up the entire term as a failure. Stop crying.

    Bet you'd choose to approach a relationship/marriage the same way as well don't ya. "OH WELL, FIRST YEAR SUCKED...I'M THROUGH WITH THIS S***.

    Some of you people just slay me. Hahahahahahahahaahahahahahaha!

  2. #17
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    For the "non-sports-fluent" out there

    That was my way of saying "HOLD YOUR HORSES...ITS ONLY BEEN LESS THAN A YEAR".

    Clear enough for ya? ;-)

  3. #18
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    Quote Originally Posted by YoungVito View Post

    The Tennesee Titans are currently 0-2. Is their season a failure? Or better yet, let's do this mathematically...if they go 0-4, should they just pack up and quit?

    actually yes. if they start 0-4 then yes they should pack up and quit considering just 4% of teams that have started 0-3 have turned it around and made the playoffs.

    http://www.usatoday.com/sports/footb...-colston_x.htm


    for the non sports fluent out there: shut the fck up before you question me.




    as for the price of the dollar:

    fatbaby- look at the dollar before the stimulus and then after. why are you looking at january 2008? what does that have to do with anything?

    here's what you should be looking at:


    Dollar to Euro on Feb 17, 2009 (the day the stimlus was passed): $0.79

    Dollar to Euro today: $0.69. that is a change of -12.6% in seven months. that is unheard of.



    Pound to Dollar on 2/17/2009: $1.42

    Pound to Dollar today: $1.62. that is a change of -14.1%.


    US Dollar Index ETF on 2/17/2009: $26.53

    Today: $22.81. A change of -14%.



    here, please look at this chart:

    http://finance.yahoo.com/echarts?s=U...urce=undefined


    notice how the dollar tops out the day obama gets elected, then takes a nosedive, then climbs back up, then dives again once the stimulus plan was passed.

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    Ryan Matthews, RB, Fresno State Bulldogs

  4. #19
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    Quote Originally Posted by YoungVito View Post
    Lol at the idea that you can call a presidency a failure after only nine months. Hahahahahahahahahahaha.

    You do realize that a presidential term is FOUR YEARS LONG don't ya?

    Since we're on what's supposed to be a sports website, let me use a sports analogy...

    The Tennesee Titans are currently 0-2. Is their season a failure? Or better yet, let's do this mathematically...if they go 0-4, should they just pack up and quit? Now, I'm not saying that OUR president's job performance so far is the equivilent...you did. But if what you say is true in such a SHOOOOORT amount of time, then I guess the San Diego Chargers should've just went home instead of coming back, catching the Denver Broncos, and beating the Colts in the first round of the playoffs.

    For all you critics out there, can we quit our bi**in and wait til about 2 1/2 years before we sum up the entire term as a failure. Stop crying.

    Bet you'd choose to approach a relationship/marriage the same way as well don't ya. "OH WELL, FIRST YEAR SUCKED...I'M THROUGH WITH THIS S***.

    Some of you people just slay me. Hahahahahahahahaahahahahahaha!
    Quote Originally Posted by kevin21boston View Post
    actually yes. if they start 0-4 then yes they should pack up and quit considering just 4% of teams that have started 0-3 have turned it around and made the playoffs.

    http://www.usatoday.com/sports/footb...-colston_x.htm


    for the non sports fluent out there: shut the fck up before you question me.




    as for the price of the dollar:

    fatbaby- look at the dollar before the stimulus and then after. why are you looking at january 2008? what does that have to do with anything?

    here's what you should be looking at:


    Dollar to Euro on Feb 17, 2009 (the day the stimlus was passed): $0.79

    Dollar to Euro today: $0.69. that is a change of -12.6% in seven months. that is unheard of.



    Pound to Dollar on 2/17/2009: $1.42

    Pound to Dollar today: $1.62. that is a change of -14.1%.


    US Dollar Index ETF on 2/17/2009: $26.53

    Today: $22.81. A change of -14%.



    here, please look at this chart:

    http://finance.yahoo.com/echarts?s=U...urce=undefined


    notice how the dollar tops out the day obama gets elected, then takes a nosedive, then climbs back up, then dives again once the stimulus plan was passed.
    gentlemen please discuss the topics and leave the name calling out

    thanks


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  5. #20
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    Quote Originally Posted by kevin21boston View Post
    for the non sports fluent out there: shut the fck up before you question me.
    Yea Kevin, how dare we question you. Who do we think we are questioning the almighty JC drop out who wonders if it's entrapment to ask for your driver's license. lol Back the short bus up buddy.

  6. #21
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    Quote Originally Posted by kevin21boston View Post

    as for the price of the dollar:

    fatbaby- look at the dollar before the stimulus and then after. why are you looking at january 2008? what does that have to do with anything?

    here's what you should be looking at:


    Dollar to Euro on Feb 17, 2009 (the day the stimlus was passed): $0.79

    Dollar to Euro today: $0.69. that is a change of -12.6% in seven months. that is unheard of.



    Pound to Dollar on 2/17/2009: $1.42

    Pound to Dollar today: $1.62. that is a change of -14.1%.


    US Dollar Index ETF on 2/17/2009: $26.53

    Today: $22.81. A change of -14%.



    here, please look at this chart:

    http://finance.yahoo.com/echarts?s=U...urce=undefined


    notice how the dollar tops out the day obama gets elected, then takes a nosedive, then climbs back up, then dives again once the stimulus plan was passed.
    The reason for January of 2008 was to show that it's not like the dollar was at a historic low against the Euro. It was there for some perspective. If I just choose two dates- 1/1/08 and then 7/1/08 (both pre-Obama), in that six month period the Euro-to-Dollar rate dropped from .684 to .634. That's slightly less than a 10% drop, but it does show that, even absent a gigantic stimulus things can fluctuate.

    Also, even using the numbers you suggest above (leaving any attempt at perspective out), the dollar has only dropped by 10-15%. In your initial gas example, the price difference was 22.5%.

    Sorry if this is wandering and difficult to understand, but my points are mainly-
    1. Economic indicators are just that-indicators. It's difficult (if not downright foolish) to look at one number and one event and assume that the event is 100% responsible for the number. The roughly 10% drop in the first six months of 2008 shows that the recent change (coinciding with the stimulus) is hardly out of whack with typical movements.

    2. Even if we were to just assume that the stimulus is 100% to blame for this inflation, that's not necessarily a bad thing. Obviously I'm a unique case, but with 30+ working years ahead of me and nearly $200k in student loans and another $250k in a mortgage and car loans, I'm all for the dollar becoming as weak as possible. For other, less extreme cases, inflation can stir activity.

    (Sorry, I can't resist) 3. A police officer pulling you over and asking for your license is not entrapment. God I hope you were kidding with that question.

  7. #22
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    Aug 2008
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    195
    Also, I just took a look at a longer term graph of dollar vs. Euro, and the hypothesis that the stimulus is responsible for an "unheard of" drop is flat out wrong. First of all, on 3/9/09 (weeks after the stimulus passed), the dollar was back up to .79 Euros.

    On 10/26/2000, the dollar was worth 1.21 Euros, on 1/11/2001, the dollar was worth 1.05 Euros. There, in the span of 2 1/2 months, the dollar dropped 13%.

    The sky is not falling.

  8. #23
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    Aug 2008
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    Finally, I will respect the rule of no personal attacks, but I would like to urge you to do some self reflection- The title of this (your title) is "Obama is a retard". To be a "retard", you need a sub-60 IQ. Assuming you were being as generous as possible, that means you think Obama's IQ is 59. I'm going to assume that the other poster is incorrect in calling you a JC dropout, but check Obama's CV out when you get a chance. BA from Columbia, JD from Harvard, worked for a few years as an attorney and then as a lecturer at Chicago. If that is what someone w/ an IQ of 59 does, would you say that you're above 60?

  9. #24
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    Quote Originally Posted by fatbaby52 View Post
    Finally, I will respect the rule of no personal attacks, but I would like to urge you to do some self reflection- The title of this (your title) is "Obama is a retard". To be a "retard", you need a sub-60 IQ. Assuming you were being as generous as possible, that means you think Obama's IQ is 59. I'm going to assume that the other poster is incorrect in calling you a JC dropout, but check Obama's CV out when you get a chance. BA from Columbia, JD from Harvard, worked for a few years as an attorney and then as a lecturer at Chicago. If that is what someone w/ an IQ of 59 does, would you say that you're above 60?
    Now that's what I call a personal attack with a silencer lol. At any rate anyone who worships at the alter of Rajon Rondo deserves it.
    Put some hot sauce on my burrito baby!!

    -Willie Jones

  10. #25
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    Quote Originally Posted by mightypharaoh View Post
    gentlemen please discuss the topics and leave the name calling out

    thanks
    You're right. I apologize.

  11. #26
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    But seriously, how can you make an honest and true assessment of ANY presidency in less than a year?

    Unless of course, you already had some preconceived notions?

  12. #27
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    To be fair, it's kind of late in the convo to ask for limits on name calling when "retard" is in the subject.

  13. #28
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    Quote Originally Posted by RicoVacilon View Post
    To be fair, it's kind of late in the convo to ask for limits on name calling when "retard" is in the subject.
    Duly noted, but I don't want to be a contributer to the problems with the political threads on here. Whereby someone who disagrees with you MUST be attacked on a personal level. Such things are just plain asinine.

    And NO, I am NOT just talking about Conservatives...so don't you all get your panties in a bunch. I'm talking about anyone who takes it to the next level. You know who you are? Some of you are reading this post right now, thinking of ways to respond to me without giving me the satisfaction of proving my point. Just kills you inside doesn't it? LOL

  14. #29
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    Quote Originally Posted by kevin21boston View Post
    as for the price of the dollar:

    fatbaby- look at the dollar before the stimulus and then after. why are you looking at january 2008? what does that have to do with anything?

    here's what you should be looking at:


    Dollar to Euro on Feb 17, 2009 (the day the stimlus was passed): $0.79

    Dollar to Euro today: $0.69. that is a change of -12.6% in seven months. that is unheard of.



    Pound to Dollar on 2/17/2009: $1.42

    Pound to Dollar today: $1.62. that is a change of -14.1%.


    US Dollar Index ETF on 2/17/2009: $26.53

    Today: $22.81. A change of -14%.



    here, please look at this chart:

    http://finance.yahoo.com/echarts?s=U...urce=undefined


    notice how the dollar tops out the day obama gets elected, then takes a nosedive, then climbs back up, then dives again once the stimulus plan was passed.
    Maybe that just means people are starting to have more faith in other countries so they are going to buy their currency. People ran for the dollar when Bear Sterns and Lehman Brothers both went under. Now it's not so much of an issue. The weakening dollar is more than just what Obama is doing. The money supply shot up pretty quickly over the past few months, and rates have been historically low for months now too. Not like the Dollar was a record highs when Bush was in office or before the collapse last year. In fact they were advocating a weak dollar to try and increase exports, despite the fact that inflation kicks in and corrects behavior like that.

    Anyway, I had already told you the dollar was going to weaken in the coming months, months ago. Kevin, I hope you're not educating yourself by watching financial entertainment shows like Mad Money.
    Last edited by theanalogkid; 09-26-2009 at 04:08 PM.

  15. #30
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    Quote Originally Posted by YoungVito View Post
    You're right. I apologize.
    Quote Originally Posted by YoungVito View Post
    Duly noted, but I don't want to be a contributer to the problems with the political threads on here. Whereby someone who disagrees with you MUST be attacked on a personal level. Such things are just plain asinine.

    And NO, I am NOT just talking about Conservatives...so don't you all get your panties in a bunch. I'm talking about anyone who takes it to the next level. You know who you are? Some of you are reading this post right now, thinking of ways to respond to me without giving me the satisfaction of proving my point. Just kills you inside doesn't it? LOL

    Big problem especially in this section. It's why I locked the other thread. I have unlocked it.


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