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Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi:

 
 
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Old 03-02-2009, 04:17 PM   #1
striperman36
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Dow Jones decline rate mimics Great Depression

Now this is scary.
http://news.cnet.com/8301-1001_3-101...g=2547-1_3-0-5
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Old 03-02-2009, 04:28 PM   #2
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Barak Hussein Obama will fix it. He was elected to do so.

The charm of fishing is that it is the pursuit of what is elusive but attainable, a perpetual series of occasions for hope. ~John Buchan
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Old 03-02-2009, 05:28 PM   #3
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He does not have a clue how to fix it. A challenge anyone to give me some proof or indication that he does.
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Old 03-02-2009, 05:41 PM   #4
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Quote:
Originally Posted by buckman View Post
He does not have a clue how to fix it. A challenge anyone to give me some proof or indication that he does.
NOBODY KNOWS, except maybe for you, but you have continued to be silent in that regard
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Old 03-02-2009, 05:49 PM   #5
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I'm going to have to get an Obama coffee mug that has his symbol on one side and change on the other under witch I will write 'MISTA'. I have a feeling it will come in handy.
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Old 03-02-2009, 06:49 PM   #6
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NOBODY KNOWS, except maybe for you, but you have continued to be silent in that regard
So have most if not nearly all conservative voices.

If there was an easy solution they would have offered it up and won the election.

So Obama inherits two wars, the worst economy in perhaps 70 years, the chance of Peak Oil for a carbon based economy and a looming medical entitlement that's a steeper hockey stick than even best case Global Warming data...

And he's a failure because it's not all fixed a few weeks into office?

And this is from the same people who stood behind Bush after years of proven mistakes, cronyism and general incompetence.

By what standards are you measuring your leadership?

-spene
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Old 03-02-2009, 06:52 PM   #7
RIROCKHOUND
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By what standards are you measuring your leadership?
-spene
Party lines and the Dow...

Bryan

Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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Old 03-02-2009, 07:19 PM   #8
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Party lines and the Dow...
Bingo! I *know* we'd be having the same exact conversations if McCain had won office. Except we'd also be talking about how he's a terrible speaker and unable to instill any sort of hopeful, "we'll get through it" feelings in anyone.
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Old 03-02-2009, 07:24 PM   #9
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Party lines and the Dow...
And with both measures your'e losing.
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Old 03-02-2009, 08:10 PM   #10
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So have most if not nearly all conservative voices.

If there was an easy solution they would have offered it up and won the election.

So Obama inherits two wars, the worst economy in perhaps 70 years, the chance of Peak Oil for a carbon based economy and a looming medical entitlement that's a steeper hockey stick than even best case Global Warming data...

And he's a failure because it's not all fixed a few weeks into office?

And this is from the same people who stood behind Bush after years of proven mistakes, cronyism and general incompetence.

By what standards are you measuring your leadership?

-spene
No, he's a failure for effin everything up worse in a few weeks. Please stop giving him excuses for failing.
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Old 03-02-2009, 10:15 PM   #11
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No, he's a failure for effin everything up worse in a few weeks. Please stop giving him excuses for failing.
I'd like to give it more than 6 weeks to see what happens.
Revisit this thread in August, after 6 full Months. If the economy has not shown any sign of improvement, then I'll start to believe you.

I voted for change, but had no illusions that the positive change would be before March 2nd... we were on a downward slide for more than 5 months, (I know the date b/c we pulled money out of the Market in Oct when the Dow went hit 9,500, in hindsight a smart decision, I wish we had done it at 10500, oh well). To start implying that everything needs to be rosy NOW is asinine...

The 1929 crash took 3 years to bottom out and the return to 1929 levels was 25 years! I know different economy, different times, but the timeline was not weeks or even months.

Bryan

Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
"For once I agree with Spence. UGH. I just hope I don't get the urge to go start buying armani suits to wear in my shop"
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Old 03-03-2009, 02:07 PM   #12
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That's because we are in a depression. My friend works for the IRS, he was saying this two months ago and everyone that works for him agrees.

He says we have two years at least ahead of us of financial chaos. All he says about the stimulus package is that somebody has to do something, at least the new President tried something. It will be a long time before we know if it actually worked though.

American greed in the marketplace took over. Now it has to fix itself if you ask me.

Why even try.........
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Old 03-03-2009, 02:10 PM   #13
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the apple was eaten and we have been cast out for the time being
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