http://seekingalpha.com/article/1958...-stay-in-focus
No rational investor is believing the BS, Obama and the Democrats put out that they'll reduce the deficit by spending more.
The monetary system is on it's way to collapsing, there is no way the government will be able to continue to fund these entitlement programs, wars etc. without having negatively impacted the dollar. This is just the start. The bond bubble will burst in the future.
Last edited by theanalogkid; 03-27-2010 at 08:16 PM.
Be sure to include Bush and the GOP in there. Got a running total of the Iraqi war handy?Originally Posted by theanalogkid
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The funny thing I saw in all of this was the absence of the opinion of guys like Warren Buffet from any of the liberal propaganda surrounding helathcare.
For the last year, every time Obama has done anything remotely related to the economy he was jumping up and down saying:
"LOOK, WARREN BUFFET SUPPORTS ME!"
All of a sudden, on health care, Buffet is no where to be found, I wonder why?
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Were the bonds trading at the same level when Bush was President?
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Don't know and don't care.... did Bush spend a lot of our money on the Iraqi war?
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Bush isn't the President anymore, you can continue to blame him if you wish. Obama was voted in because he wasn't Bush, and Obama's been President for a year, but yet he's carried out most of the same policies. I didn't expect him to do anything overnight, but he hasn't done much in his past year in office. Bigger government, more interventionism, even more spending.
It's no wonder why job creation is very slow if any. The government is choking the private sector out.
Whoa whoa whoa!! That's like the second team QB coming off the bench after the First team QB has been pulled (I realize this is simplistic). The ineffectivness of the first team QB has to be taken into account. You just can't say ok kid get in there the score is even steven. Obamas trangressions aside you have to ask yourself how bad would all this really be had Bush not screwed up?
Put some hot sauce on my burrito baby!!
-Willie Jones
Bonds always go up when the country needs money. See, thats like how it works. Anyone that has anything to do with trading or DC shouldn't be completely trusted when talking about bonds. The truth is, they WANT you to buy them, so what else would they say?
"When Rob Gronkowski was born, the average ***** size in North America went from 3 inches to six." -Some random dude
It's not "wishing" to blame him, it's a fact to allocate some blame on him. He has a deep role in how bad things are. Not only the Iraq war spending but also the $700 billion stimulus and bank bailouts. All were carried out under his presidential ink pen. I've always said, there's enough blame to go around ---- but I don't know if most people here understand how complicated and difficult it is to fix the problems left by the previous administration. It's easy for us to say "all ya gotta do is....". In reality, it's like asking one plumber to repair a busted Hover Dam after an earthquake.... immediately.
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The sky is falling yadda yadda.
In 2025, will fools still blame Bush?
For folks that supposedly are "forward thinkers" ya'll sure spend a hell of a lot of time looking backward.
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You can't move forward without correcting the mistakes made in the past. In this case Bush made his fair share to be corrected.
Put some hot sauce on my burrito baby!!
-Willie Jones
lmao.
Yeah. Correcting something means actually doing it now, rather than saying "but but but but but but but what did Bush do??"
This whole thread is a joke.
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Obama voted for the stimulus and TARP when he was a senator. He supported those things. Then Obama got his own $787 billion stimulus passed after the Bush stimulus.
So far Obama has spent even more money, put the country deeper into the debt hole, and done even more military interventionism. Bush didn't cause him to do those things. You don't balance the budget by spending even more.
The debt is estimate to be $20 trillion by 2015, you going to still blame Bush then? Yes, Bush deserves credit for spending too much, but every President inherits the last President's problems. I don't see Obama doing anything about it though.
No it means at least in my book knowing what mistakes were made and how so that they are not repeated in the future. The old saying history repeats itself is true because people are dumazzes and keep doing the same thing over and over.
Put some hot sauce on my burrito baby!!
-Willie Jones
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