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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: |
10-16-2012, 12:01 PM
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#1
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Registered Grandpa
Join Date: Nov 2003
Location: east coast
Posts: 8,592
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State of the economy
According to the Labor Department, about %15 of the workforce,or
1 worker in 7 is either unemployed or stuck working part-time because
he or she can't get full-time work.
%23 of prime working-age men, about 14 Million age 25 to 64, lack a
full time job.
Meantime Bloomberg in NYC is building 10 new shelters because
there are now 46,000 homeless in the city compared to 35,000 in 2008.
What a sad state of affairs. Time to put in a Businessman to correct
the horrendous failures of a Community Organizer.
BTW-another battery company, A123 of Waltham, having received Obama's
green taxpayer money went bankrupt today. Shares are down to 6 cents.
Another example of the pie in the sky "Green Economy" gone south.
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" Choose Life "
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10-16-2012, 12:19 PM
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#2
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Registered User
Join Date: Oct 2006
Location: Marshfield, Ma
Posts: 2,150
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One of the better lines from Romney to Obama in the last debate regarding Green investments by the Obama administration "you don't pick winners and losers, you just pick losers".
Posted from my iPhone/Mobile device
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10-16-2012, 01:10 PM
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#3
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,467
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Quote:
Originally Posted by justplugit
What a sad state of affairs. Time to put in a Businessman to correct
the horrendous failures of a Community Organizer.
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Yes, perhaps Romney can restructure the USA for sale at a considerable profit 
You did see all the companies reporting favorable earnings today didn't you? The stock market is cranking...
-spence |
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10-16-2012, 01:26 PM
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#4
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sick of bluefish
Join Date: Aug 2003
Location: TEXAS
Posts: 8,672
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Quote:
Originally Posted by spence
Yes, perhaps Romney can restructure the USA for sale at a considerable profit
You did see all the companies reporting favorable earnings today didn't you? The stock market is cranking...
-spence |
the market has been fine, but hasnt translated to much for "main st" |
making s-b.com a kinder, gentler place for all 
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10-16-2012, 01:28 PM
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#5
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,467
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Quote:
Originally Posted by RIJIMMY
the market has been fine, but hasnt translated to much for "main st"
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That's because household debt has kept consumption down...this is starting to recover.
Yes, a lot of money has gone towards middle class tax breaks and assistance to the poor...without which things could be a hell of a lot worse.
-spence |
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10-16-2012, 01:41 PM
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#6
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Registered User
Join Date: Sep 2006
Location: Mansfield
Posts: 4,834
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Quote:
Originally Posted by spence
Yes, perhaps Romney can restructure the USA for sale at a considerable profit
You did see all the companies reporting favorable earnings today didn't you? The stock market is cranking...
-spence |
Amazing under this administration the top 1% have done so well!
Posted from my iPhone/Mobile device |
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10-16-2012, 03:13 PM
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#7
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,467
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Quote:
Originally Posted by buckman
Amazing under this administration the top 1% have done so well!
Posted from my iPhone/Mobile device
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Not really that amazing.
-spence |
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10-16-2012, 03:14 PM
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#8
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sick of bluefish
Join Date: Aug 2003
Location: TEXAS
Posts: 8,672
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Quote:
Originally Posted by spence
Not really that amazing.
-spence
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but contrary to everything they've been selling. |
making s-b.com a kinder, gentler place for all
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10-16-2012, 03:21 PM
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#9
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Old Guy
Join Date: Oct 2004
Location: Mansfield, MA
Posts: 8,760
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Quote:
Originally Posted by RIJIMMY
but contrary to everything they've been selling.
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yes indeed it is. However, most of the growth in the world has been outside of the US. |
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10-16-2012, 03:22 PM
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#10
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Registered User
Join Date: Nov 2003
Location: RI
Posts: 21,467
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Quote:
Originally Posted by RIJIMMY
but contrary to everything they've been selling.
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Not at all, actually, just the opposite.
-spence |
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10-16-2012, 01:35 PM
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#11
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Old Guy
Join Date: Oct 2004
Location: Mansfield, MA
Posts: 8,760
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and companies are holding profits as 'cash on hand' not expanding.
I see JPT's numbers are actually being close maybe a little low 1 in 6 rather than 7
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10-16-2012, 01:38 PM
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#12
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Keep The Change
Join Date: Oct 2000
Location: The Road to Serfdom
Posts: 3,275
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How about--- So you gave away 50 years of oil company "tax breaks" to Green Energy your first year in office with nothing to show for it..
Hows that for a poke in the eye..
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“It’s not up to the courts to invent new minorities that get special protections,” Antonin Scalia
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