Well, those who hate America must surely be delighted at the news that the economy is in deep trouble. The question is, why are those who profess to loving it so much taking such delight in it? Like it or not, we're all in this together.
So the driver of a car heads towards a cliff, and bails out. It's then the responsibility of the passenger to jump over to the driver seat, and reverse all the mistakes made by the previous driver, and thwart the law of gravity? All of the current problems in the US were caused by GW Bush. Did it ever occur to you that's why the Repubs lost?
What I find amusing, is that when GWB was in power, criticising the president was deemed unproductive by repubs in the current climate. As soon as their party loses however, the sentiment is thrown out of the window.
More than that it was deemed traitorous! I cannot tell you how many times the Republican leadership (limbaugh & company) called those who were critical of George II traitors.
Does anyone really think the DOW is representative of economic health at the moment? People have no clue whether they should buy or sell or just wait. Known "sure things" are crashing like dominos. The problem is that it is instinctive to want to sell when you have your life savings invested in a falling market. But the stock market does not work like that. You don't go by daily ups and downs in the economy. Stocks and shares require a longer viewpoint. When the market is falling, is not the time to sell. That only converts paper losses to real losses. And its not a risk free enterprise, which is why you spread out your risk. So that on the whole, even if you lose on the one hand, you break even or make good on the other. If you don't have the stomach for risk, you should not be in the market. The problem is too many small investors with itchy fingers
...LOL! Like so many things, SAM, you have no conceptual grasp of the simplest things! ...humans and the stock market. ...LOL! Baron Max
See? You don't understand even the simplest of concepts. With the stock markets on such a major downer, whether you know it or not, you lost money! The money that you have under your mattress at home is now worth much less than previously. See? You have no concept. Baron Max
Its worth more. I made almost 15 rupees on every single dollar I had. Please Register or Log in to view the hidden image!
Yes, provide proof, and even if it was THE Obama has just added another $1,75 trillion to that. That is THE Obamas budget for this year, and has nothing to do with what ever Bush did. The funny thing is that under Bush, the military now has the body armor, the Hummer up grades, now mine proof patrol vehicles, where were those items in 2000, why weren't they in the inventory from the Clinton military? Clinton cut military readiness, by over a 1/3 in his years in office, readiness, safety equipment, and parts for up keep and repair of critical systems. It was the only place where actual budget cuts were made, not just cuts in the increase in budgets like the social programs, we paid for those social programs with the lives of our soldiers, because Clinton cut the money for Body Armor, and Hummer Armor Kit, proper Combat Patrol Vehicles, and force and equipment reductions, and Clinton's polices of a Wall of Separation between our intelligence and law enforcement, lead directly to 9/11 because information that was critical couldn't be passed along to the proper people. Yes, tell me about the Democrats and the Military. John-U.S. Troops Are Cold Blooded Murderers-Murtha Kerry suggests troops lazy, not bright Tells students study hard or 'get stuck in Iraq,' senator slammed for 'insult' Kerry: 'U.S. soldiers terrorize kids' Kerry: Told stories at times they had personally raped, cut off ears, cut off heads, taped wires from portable telephones to human genitals and turned up the power, cut off limbs, blown up bodies, randomly shot at civilians, razed villages in fashion reminiscent of Genghis Khan, shot cattle and dogs for fun, poisoned food stocks and generally ravaged the countryside of South Vietnam Harry 'this war is lost' Reid YouTube - Durbin Compares U.S. Troops to Nazi's, Soviets, & ... http://www.youtube.com/watch?v=MqIlXfkylD4 Yes, tell me about the Demorats and their suppprt of the Troops:bugeye:
But you keep saying it's your money. Taxes take your money. I guess you thought you control the value of your money?
This reminds me of a reply I posted to sandy some time back, when the DOW was "high" Please Register or Log in to view the hidden image!
Surely you're not responding to anything that I said???? ...even tho' you quoted me in your response. Baron Max
Clinton and bush had nothing to do with the money going toward the military. That's congress's doing. Who held congress when the troops lacked funding the republicans. who held congress when the troops had what they needed the democrats. Your argument as usual fails.
Just a few points of clarification: - It was the Republican Congress that shrunk the military budget in those years...see Consitution 101. - The military budget was reduced in the Clinton era because our primary enemy (Soviet Union) had disappeared from the face of the earth greatly reducing the need for such a large military. - Obama did nothing but respond to the fiscal situation left to him and the nation.
THE Obama responding to the fiscal situation left to Him? What about THE Obamas budget just introduced for 2009? That is THE Obamas budget and isn't a response to anything GWB did. TARP is a supposed response to GW and the FFFU, again a Democratic protected GSE, remember all those Democrats who call the Repub. scare mongers and accused them of conducting a KKK style lynching of Franklin Raines, because the Republicans were calling for more oversight in 2001, 2002, 2003, 2004, 2005, 2006, ....YES, U-Tube has it all: Starting with Barney Franks blocking any increase in oversight or investigation into FFFU. $3.55 trillion dollars? $95 billion more than the Last Bush budget, and the TARP just passed on money we don't have? that is going to be run off the presses of the Federal Reserve? And where did that money go? to the people? NO!, it went directly to Wall Street, and were did it go then? nobody know, it isn't showing up in the economy, or the default rates. Responding to Bush, bull shit, if THE Obama really wanted to do something for the economy and get money and the economy going again, that money should have went directly to the people, for them to spend, tomorrow, not to failed Democratic cronieism GSE, like Fannie and Freddie Fuck up. How about THE Obama giving hard working Americans a year long tax holiday, it would be cheaper than the TARP, and the money would go directly into the economy, faster, and with more impact than anything that is happening now. But Clinton was informed about a new threat, and it raised it's ugly head on Feb 26, 1993, and Clinton continued with His cuts to the Military. The 102 Congress was controlled by the Democrats: House Democratic Party 270 62.1% Republican Party 164 37.7% Independent 1 0.2% Total 435 Senate Democratic Party 56 --> 57 Republican Party 44 --> 43 The 103 Congress was controlled by the Democrats: Democratic Party 258 59.3% Republican Party 176 40.6% Independent 1 0.2% The first 4 years of Clintons administration was Democrat controlled, and that is when the cuts were made to the Military, in budgets, and down sizing the Force Structure, a budgets that left safety, manpower and equipment concerns deteriorate to the mess we had when 9-11-2001 occurred, of not enough Protective Vests for the troops, and Up Armor Kits for Hummers. Force shortages in men, material, readiness. Of the 305,000 employees removed from the federal payroll, 286,000 (or 90%) were military cuts.The statistics for America’s defense during the Clinton years reveal the deep-seated animosity of the administration toward those who served in the military. The Army was cut from 18 divisions to 12. The Navy was reduced from 546 ships to 380. Air Force flight squadrons were cut from 76 to 50. Now tell me again who controlled Congress when the cuts were made? The first 4 years the Congress was controlled by the Democrats, and that is when the bulk of the cuts were preformed, the major reduction came in the first term. http://query.nytimes.com/gst/fullpa...7A35751C0A965958260&sec=&spon=&pagewanted=all NEW YORK TIMES Clinton Seeking $14 Billion Cut By the Military By ERIC SCHMITT, Published: Thursday, February 4, 1993 Defense Secretary Les Aspin has directed the Pentagon to produce a spending plan for the next fiscal year that is at least $14 billion less than the budget for the current year, according to internal Pentagon documents. DEMOCRATS Sen. John Kerry, Democrat from Massachusetts: He voted to kill the Bradley Fighting Vehicle He voted to kill the M-1 Abrams Tank He voted to kill every Aircraft carrier laid down from 1988 He voted to kill the Aegis anti aircraft system He voted to Kill the F-15 strike eagle He voted to Kill the Block 60 F-16 He voted to Kill the P-3 Orion upgrade He voted to Kill the B-1 He voted to Kill the B-2 He voted to Kill the Patriot anti Missile system He voted to Kill the FA-18 He voted to Kill the F117 He voted to kill every military appropriation for the development and deployment of every weapons systems since 1988, including a bill for battle armor for our troops. John Kerry voted to kill all anti-terrorism activities of each and every agency of the U.S. Government. He voted to cut the funding of the FBI by 60%. He voted to cut the funding for the CIA by 80%. He voted to cut the funding for the NSA by 80%. THEN, he voted to increase OUR funding for corrupt operations by 800% !! Voting history can be accessed through Senate voting records. The above is an accurate summary
