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Dow Drops More Than 500 Points

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Old 08-06-2011, 09:01 AM   #46
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Re: Dow Drops More Than 500 Points

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SlinginSammy, how about I make this the last rebuttal, if you will, and let's call it a draw.
Fair enough LOL
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Old 08-08-2011, 09:51 AM   #47
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Re: Dow Drops More Than 500 Points

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So you don't believe the business community in general is essentially afraid of the administration?

or that it doesn't matter?

The notion that business are afraid or don't like this administration is an absurdity. Why? Because it's a blanketed statement that doesn't consider various players in the business world and their politics. If you talk to Koch or Blank brothers you will get a different take than if you talk to Larry Paige, Larry Ellison, Bill Gates, Warren Buffet, etc. Business are out for themselves and the good ones are apolitical and see the game of politics as a means to an end. When some business leader is unhappy you we should strive to find out why? Why is a CEO of a bailedout bank unhappy? Why is Wynn of Las Vegas fame is unhappy. Why should we care if Donald Trump isn't happy? The more skins they have in the game the louder they are. We just have to find out what kind of skin.

BTW, how are you measuring fear? Lack of donations or what you hear on TV from hacks? I guess the stupid talking points that business hate democrats still persists in this country.


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Why are all these people sitting there?
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Old 08-08-2011, 10:32 AM   #48
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Re: Dow Drops More Than 500 Points

Taking another beating today.
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Old 08-10-2011, 02:16 PM   #49
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Re: Dow Drops More Than 500 Points

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Old 08-10-2011, 02:17 PM   #50
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Re: Dow Drops More Than 500 Points

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Taking another beating today.
And today...and yesterday...and tomorrow.
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Old 08-10-2011, 02:20 PM   #51
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Re: Dow Drops More Than 500 Points

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And today...and yesterday...and tomorrow.
Well...not yesterday
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Old 08-10-2011, 02:22 PM   #52
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Re: Dow Drops More Than 500 Points

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Stay thirsty my very rich friends!




Why are all these people sitting there?
Actions speak louder then words or toasts for that matter. Companies as a whole are still sitting on their largest cash reserves in history (both in terms of sheer numbers and percentage of assets) and not spending anything. Not on R&D, Marketing, Sales, Accounting, Finance, Labor, nothing. And a decent portion of the companies that are hiring are only bringing in people willing to jump ship from another company.

And even worse then that a lot of the people that are getting hired are getting flat out abused by employers. Some people are doing the job of 3 or 4 people and are told to feel lucky that they work 60 70 hour weeks. Freezes on hiring don't just hurt the people that are unemployed, but also the people that are working.

I don't think all the blame rest with the confidence (or lack there of) in this administration. When Obama first came into office I was hoping for another Clinton like presidency. Now I'm hoping for a Carter setting the table for the next Regan.
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Old 08-10-2011, 02:39 PM   #53
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Re: Dow Drops More Than 500 Points

Well, with all due respect dream on if you think this Carter 2.0. There are a few roads that could take Obama back to Chicago in 2012, portraying him as Jimmy Carter ain't one of them.

It tickles me when I hear today's conservatives pining for Ronald Reagan. Truth is Ronald Reagan wouldn't be elected in this current political environment. If you look at the trajectory of Ronald Reagan's political career prior to becoming president he was pro-union and as president he raised taxes at least 11 times in various ways and expanded the size of the federal government. These are issues that today's GOP are decidedly against and have, rightfully or wrongfully, drawn a line in the sand. In short, there is no Ronald Reagan on the other side to challenge Obama, even if they're successful in portraying him as Carter 2.0.
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Old 08-10-2011, 06:47 PM   #54
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Re: Dow Drops More Than 500 Points

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Actions speak louder then words or toasts for that matter. Companies as a whole are still sitting on their largest cash reserves in history (both in terms of sheer numbers and percentage of assets) and not spending anything. Not on R&D, Marketing, Sales, Accounting, Finance, Labor, nothing. And a decent portion of the companies that are hiring are only bringing in people willing to jump ship from another company.

And even worse then that a lot of the people that are getting hired are getting flat out abused by employers. Some people are doing the job of 3 or 4 people and are told to feel lucky that they work 60 70 hour weeks. Freezes on hiring don't just hurt the people that are unemployed, but also the people that are working.

I don't think all the blame rest with the confidence (or lack there of) in this administration. When Obama first came into office I was hoping for another Clinton like presidency. Now I'm hoping for a Carter setting the table for the next Regan.
Please watch the link I previously provided.

Jun 23: Back it with cash - short view - markets - FT.com

You can hope all you want, it's not going to change the facts on the ground. What is Reagan 2.0 going to do? Cut taxes? Increase defense spending? Increase the debt ceiling 18 more times? Tripple the national debt? Bring back jobs from China? Backout of NAFTA? Bust more Unions? GTFOH!
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Old 08-10-2011, 06:55 PM   #55
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Re: Dow Drops More Than 500 Points

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Well, with all due respect dream on if you think this Carter 2.0. There are a few roads that could take Obama back to Chicago in 2012, portraying him as Jimmy Carter ain't one of them.

It tickles me when I hear today's conservatives pining for Ronald Reagan. Truth is Ronald Reagan wouldn't be elected in this current political environment. If you look at the trajectory of Ronald Reagan's political career prior to becoming president he was pro-union and as president he raised taxes at least 11 times in various ways and expanded the size of the federal government. These are issues that today's GOP are decidedly against and have, rightfully or wrongfully, drawn a line in the sand. In short, there is no Ronald Reagan on the other side to challenge Obama, even if they're successful in portraying him as Carter 2.0.

Stop busting their bubble, their miracle worker is on the way!
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Old 08-10-2011, 10:06 PM   #56
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Re: Dow Drops More Than 500 Points

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Well, with all due respect dream on if you think this Carter 2.0. There are a few roads that could take Obama back to Chicago in 2012, portraying him as Jimmy Carter ain't one of them.
What do me, Maureen Dowd, and unnamed "Democratic lawmakers" referenced by Dowd have in common.....we all agree with Dirtbag

Obama Is Jimmy Carter 2.0 - FoxNews.com

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It tickles me when I hear today's conservatives pining for Ronald Reagan. Truth is Ronald Reagan wouldn't be elected in this current political environment. If you look at the trajectory of Ronald Reagan's political career prior to becoming president he was pro-union and as president he raised taxes at least 11 times in various ways and expanded the size of the federal government. These are issues that today's GOP are decidedly against and have, rightfully or wrongfully, drawn a line in the sand. In short, there is no Ronald Reagan on the other side to challenge Obama, even if they're successful in portraying him as Carter 2.0.
Reagan governed with a Democratic Congress that drove the tax increases. The expanded size of gov't was to defeat the greatest threat to freedom the world has ever seen.

You'd be a great NASCAR driver, you can only turn left.
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Old 08-10-2011, 10:23 PM   #57
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Re: Dow Drops More Than 500 Points

Sliggin, I lived in North Carolina for a minute
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Old 08-10-2011, 10:28 PM   #58
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Re: Dow Drops More Than 500 Points

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Sliggin, I lived in North Carolina for a minute
Must resist urge to post Clay Davis video....Compromise with self....post link instead.
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Old 08-10-2011, 10:58 PM   #59
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Re: Dow Drops More Than 500 Points

Man, do you guys put as much effort into your jobs as you do into debating?

You must be superstars.
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Old 08-10-2011, 11:24 PM   #60
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Re: Dow Drops More Than 500 Points

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Originally Posted by Slingin Sammy 33 View Post
What do me, Maureen Dowd, and unnamed "Democratic lawmakers" referenced by Dowd have in common.....we all agree with Dirtbag

Obama Is Jimmy Carter 2.0 - FoxNews.com

Reagan governed with a Democratic Congress that drove the tax increases. The expanded size of gov't was to defeat the greatest threat to freedom the world has ever seen.

You'd be a great NASCAR driver, you can only turn left.
reagan put in withholding, raised taxes on new investment, and vastly expanded the dept of Education (which he said he'd completely dismantle in his campaign).

the rep. party has veered soo far right, there's no way he'd be elected, cause he made deals with democrats, which is unacceptable :P and he tripled the national debt, which the right definitely couldn't stand for... i guess, even though gw bush vastly expanded gov. and debt too (medicare, tax cuts, TSA).

the ridiculous tax structure in california began with reagan (first year, he upped cig tax, gas tax, death tax, sales tax, etc etc etc... we're taking 40%+).

I'm a big fan of reagan, but people seem to mis-remember the actual details of his years in office. he beat the reds and people liked him, but he was very much a moderate in today's terms... unelectably so (well, unelectable by the rep party, the popular vote would be there, he'd just never get the chance to get on that ballot).
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