GW Bush's worst years would be Obama’s best years..that’s how bad it’s become................
No, this is President Obama's economy alright ...and we don't have to wait until it recovers to call it an Obama catastrophe...They claim, that they are driving the car now ,,and they are at 100 mph ...in the wrong direction .........
....via U.S. News & World Report--Democratic pollster Doug Schoen:
-- 66% say things in the country are headed on the wrong track, while 26% say they are headed in the right direction. 8% are not sure.
– 57% say the economy is headed on the wrong track, while 31% say it is headed in the right direction. 12% are not sure.
I've even heard some Obammunist saying,that in comparison the Carter years are starting to lQQk like the good old day's.............
GW Bush's worst years would be Obama’s best years..that’s how bad it’s become................
No, this is President Obama's economy alright ...and we don't have to wait until it recovers to call it an Obama catastrophe...They claim, that they are driving the car now ,,and they are at 100 mph ...in the wrong direction .........
....via U.S. News & World Report--Democratic pollster Doug Schoen:
-- 66% say things in the country are headed on the wrong track, while 26% say they are headed in the right direction. 8% are not sure.
– 57% say the economy is headed on the wrong track, while 31% say it is headed in the right direction. 12% are not sure.
I've even heard some Obammunist saying,that in comparison the Carter years are starting to lQQk like the good old day's.............
Wow, Dow over 11,000 after 21 months of President Obama.
Guess Wall Street investors like the Presidents policies, and idea of the Democrats holding on to the Senate.
Don't mistake the health of the economy with the DOW avg.s
March 3,2009 -President Obama :
"What I am looking for is not the day-to-day gyrations of the stock market... but the long-term,'' Obama told reporters.
"The stock market is sort of like a tracking poll in politics,'' said the president, whose own public job approval has been running at about two-thirds in the Gallup Poll's daily tracking surveys. "It bobs up and down every day... if you spend your time worrying about that, you're probably going to get the long-term strategy wrong.
Wow, Dow over 11,000 after 21 months of President Obama.
Guess Wall Street investors like the Presidents policies, and idea of the Democrats holding on to the Senate.
Don't mistake the health of the economy with the DOW avg.s
March 3,2009 -President Obama :
"What I am looking for is not the day-to-day gyrations of the stock market... but the long-term,'' Obama told reporters.
"The stock market is sort of like a tracking poll in politics,'' said the president, whose own public job approval has been running at about two-thirds in the Gallup Poll's daily tracking surveys. "It bobs up and down every day... if you spend your time worrying about that, you're probably going to get the long-term strategy wrong.
GW Bush's worst years would be Obama’s best years..that’s how bad it’s become................
No, this is President Obama's economy alright ...and we don't have to wait until it recovers to call it an Obama catastrophe...They claim, that they are driving the car now ,,and they are at 100 mph ...in the wrong direction .........
....via U.S. News & World Report--Democratic pollster Doug Schoen:
-- 66% say things in the country are headed on the wrong track, while 26% say they are headed in the right direction. 8% are not sure.
– 57% say the economy is headed on the wrong track, while 31% say it is headed in the right direction. 12% are not sure.
I've even heard some Obammunist saying,that in comparison the Carter years are starting to lQQk like the good old day's.............
WRONG again, they don't say they are driving the car right now. They say it's in the ditch and we are pulling it out. And Repulsicans cannot drive it anymore.
Slime,You are another gloom and doomer. Mr. Nobel Prize Winner cannot fix what the moron has left behind within 2 years, with the party of NO blocking him everywhere.
GW Bush's worst years would be Obama’s best years..that’s how bad it’s become................
No, this is President Obama's economy alright ...and we don't have to wait until it recovers to call it an Obama catastrophe...They claim, that they are driving the car now ,,and they are at 100 mph ...in the wrong direction .........
....via U.S. News & World Report--Democratic pollster Doug Schoen:
-- 66% say things in the country are headed on the wrong track, while 26% say they are headed in the right direction. 8% are not sure.
– 57% say the economy is headed on the wrong track, while 31% say it is headed in the right direction. 12% are not sure.
I've even heard some Obammunist saying,that in comparison the Carter years are starting to lQQk like the good old day's.............
WRONG again, they don't say they are driving the car right now. They say it's in the ditch and we are pulling it out. And Repulsicans cannot drive it anymore.
Slime,You are another gloom and doomer. Mr. Nobel Prize Winner cannot fix what the moron has left behind within 2 years, with the party of NO blocking him everywhere.
The economy wont be out of the shadow Bush put us in for several more years, the effects of Obama might not show for 3-5 years if at all, especially if he only has one term (which is likely).
The damage Bush inflicted could last a decade..it is that bad.
The economy wont be out of the shadow Bush put us in for several more years, the effects of Obama might not show for 3-5 years if at all, especially if he only has one term (which is likely).
The damage Bush inflicted could last a decade..it is that bad.
The economy wont be out of the shadow Bush put us in for several more years, the effects of Obama might not show for 3-5 years if at all, especially if he only has one term (which is likely).
The damage Bush inflicted could last a decade..it is that bad.
i didnt realize bush repealed glass steagal and lifted all restrictions on trading with china
The economy wont be out of the shadow Bush put us in for several more years, the effects of Obama might not show for 3-5 years if at all, especially if he only has one term (which is likely).
The damage Bush inflicted could last a decade..it is that bad.
i didnt realize bush repealed glass steagal and lifted all restrictions on trading with china
WRONG again, they don't say they are driving the car right now. They say it's in the ditch and we are pulling it out. And Repulsicans cannot drive it anymore.
Slime,You are another gloom and doomer. Mr. Nobel Prize Winner cannot fix what the moron has left behind within 2 years, with the party of NO blocking him everywhere.
Poll, ? Lol weekly polls mean squat right now.
Here's a recent riff by President Obama on his car, speech in Providence, R.I.
(excerpt)
"Finally, we get this car out of the ditch, and it's banged up. It needs some body work, needs a tune-up. But it's pointing in the right direction. The engine is turning and it's ready to go. And we suddenly get this tap on our shoulders. We look back, who is it? The Republicans. And they're saying, "Excuse me, we want the keys back." You can't have the keys back. You don't know how to drive! (Applause.) You can't have them back. Can't do it. (Applause.) Not after we've worked this hard!"
Obama seems to think he's driving the car now ..he has the keys and is in the drivers seat .............
Don Juan,I can understand your frustration ..really I can,but please dont lose your composure and get all emotional with the name calling ....I have never called you out of your name (tag line )
WRONG again, they don't say they are driving the car right now. They say it's in the ditch and we are pulling it out. And Repulsicans cannot drive it anymore.
Slime,You are another gloom and doomer. Mr. Nobel Prize Winner cannot fix what the moron has left behind within 2 years, with the party of NO blocking him everywhere.
Poll, ? Lol weekly polls mean squat right now.
Here's a recent riff by President Obama on his car, speech in Providence, R.I.
(excerpt)
"Finally, we get this car out of the ditch, and it's banged up. It needs some body work, needs a tune-up. But it's pointing in the right direction. The engine is turning and it's ready to go. And we suddenly get this tap on our shoulders. We look back, who is it? The Republicans. And they're saying, "Excuse me, we want the keys back." You can't have the keys back. You don't know how to drive! (Applause.) You can't have them back. Can't do it. (Applause.) Not after we've worked this hard!"
Obama seems to think he's driving the car now ..he has the keys and is in the drivers seat .............
Don Juan,I can understand your frustration ..really I can,but please dont lose your composure and get all emotional with the name calling ....I have never called you out of your name (tag line )
The reality is the machine broke down Glass, until the free markets are removed from all political influence the markets will continue to destroy this great country.
China really dug its claws into us during the Bush term, the current currency/asset disaster from China is merely a function of the agenda started during Bush (export enslavement of the US) and the low rate environment due to the attempt of the FED/UST/USG to stimulate due to Bush leaving the economy on life support.
Obama is a moron, but almost all his actions are a function of what he assumed thanks to Bush.
This is obvious and simplistic Koaj, dont be so stuck to your political blinders to ignore what is right in front of your face.
The reality is the machine broke down Glass, until the free markets are removed from all political influence the markets will continue to destroy this great country.
China really dug its claws into us during the Bush term, the current currency/asset disaster from China is merely a function of the agenda started during Bush (export enslavement of the US) and the low rate environment due to the attempt of the FED/UST/USG to stimulate due to Bush leaving the economy on life support.
Obama is a moron, but almost all his actions are a function of what he assumed thanks to Bush.
This is obvious and simplistic Koaj, dont be so stuck to your political blinders to ignore what is right in front of your face.
do you ever get tired of talking in generalities and talking points? i find it hilarious that you rarely ever use verifiable facts or studies in your posts.
you do realize that clinton could have vetoed the repeal and the R did not have nearly enough votes to override it. dont blame the R when history clearly shows both parties were at fault (the repeal also had a 343–86 vote in the house)
that being said, why do you feel the free market will destroy this great country. most would say the free market CREATED this great country.
and just bc bush made a mess, that doesnt mean obama is immune to criticism when he makes a bad decision. the fact of the matter is we are where we are, we cannot undue the mess, but we can do certain things a certain way to make the mess better.
i always laugh when i hear obama say "dont tell me im holding the mop the wrong way" well if you are holding the damn thing upside down its not going to work, just like some of your policies are upside down and are not going to work, they surely warrant criticism.
do you ever get tired of talking in generalities and talking points? i find it hilarious that you rarely ever use verifiable facts or studies in your posts.
you do realize that clinton could have vetoed the repeal and the R did not have nearly enough votes to override it. dont blame the R when history clearly shows both parties were at fault (the repeal also had a 343–86 vote in the house)
that being said, why do you feel the free market will destroy this great country. most would say the free market CREATED this great country.
and just bc bush made a mess, that doesnt mean obama is immune to criticism when he makes a bad decision. the fact of the matter is we are where we are, we cannot undue the mess, but we can do certain things a certain way to make the mess better.
i always laugh when i hear obama say "dont tell me im holding the mop the wrong way" well if you are holding the damn thing upside down its not going to work, just like some of your policies are upside down and are not going to work, they surely warrant criticism.
To answer the question, I dont speak in generalities at all..but unlike some here (not sure if you specifically since I dont know much about you outside that you are combative and like to tail my posts) I dont look at ONE event and hammer politically because what we have now is a summation of thousands of decisions, millions of people in the system. There are no studies to what I am discussing, rather if you understand basic economic cycle then what I say makes perfect sense.
The reality is that a one term president which takes over in the middle of an economic implosion will have very little if any effect during his term. I dont think Obama is a great leader or president, but he surely is better than Bush (I and II) yet that isnt much of a measuring stick.
Current decisions and policies are direct REACTION to previous decisions and policies since we were and are in economic peril. I said this during the elections that it did not matter WHO won the election, they were screwed no matter what..the disaster Bush created will be upon us for 5-10 years and it SHOULD. We had multiple bubbles hit at the same time, Japan is a similar case study and they are still at near zero interest rates and very little economic growth..this isnt a two year fix, it is a 5-10 year fix (maybe, unless you make it worse in the meantime).
And yep I feel the markets have destroyed the country, the corruption and co-mingling of business interests with politics has led to the disintegration of our economy and society. There are no such things as free markets, but there has to be separation of business and politics..once business owns politics (started to happen with Reagan and forward) then the consumer is doomed, the economy is doomed. The government is meant to regulate and keep an eye on business, keep it from grinding us into bone dust, government tainted with business interests, contributions PAC's, congressmen with roots in big business stand zero chance of regulating or protecting consumer interests.
The "mess" has to run its course, we have to pay for our business and personal excesses and since business controls politics we arent and havent..
To answer the question, I dont speak in generalities at all..but unlike some here (not sure if you specifically since I dont know much about you outside that you are combative and like to tail my posts) I dont look at ONE event and hammer politically because what we have now is a summation of thousands of decisions, millions of people in the system. There are no studies to what I am discussing, rather if you understand basic economic cycle then what I say makes perfect sense.
The reality is that a one term president which takes over in the middle of an economic implosion will have very little if any effect during his term. I dont think Obama is a great leader or president, but he surely is better than Bush (I and II) yet that isnt much of a measuring stick.
Current decisions and policies are direct REACTION to previous decisions and policies since we were and are in economic peril. I said this during the elections that it did not matter WHO won the election, they were screwed no matter what..the disaster Bush created will be upon us for 5-10 years and it SHOULD. We had multiple bubbles hit at the same time, Japan is a similar case study and they are still at near zero interest rates and very little economic growth..this isnt a two year fix, it is a 5-10 year fix (maybe, unless you make it worse in the meantime).
And yep I feel the markets have destroyed the country, the corruption and co-mingling of business interests with politics has led to the disintegration of our economy and society. There are no such things as free markets, but there has to be separation of business and politics..once business owns politics (started to happen with Reagan and forward) then the consumer is doomed, the economy is doomed. The government is meant to regulate and keep an eye on business, keep it from grinding us into bone dust, government tainted with business interests, contributions PAC's, congressmen with roots in big business stand zero chance of regulating or protecting consumer interests.
The "mess" has to run its course, we have to pay for our business and personal excesses and since business controls politics we arent and havent..
To answer the question, I dont speak in generalities at all..but unlike some here (not sure if you specifically since I dont know much about you outside that you are combative and like to tail my posts) I dont look at ONE event and hammer politically because what we have now is a summation of thousands of decisions, millions of people in the system. There are no studies to what I am discussing, rather if you understand basic economic cycle then what I say makes perfect sense.
The reality is that a one term president which takes over in the middle of an economic implosion will have very little if any effect during his term. I dont think Obama is a great leader or president, but he surely is better than Bush (I and II) yet that isnt much of a measuring stick.
Current decisions and policies are direct REACTION to previous decisions and policies since we were and are in economic peril. I said this during the elections that it did not matter WHO won the election, they were screwed no matter what..the disaster Bush created will be upon us for 5-10 years and it SHOULD. We had multiple bubbles hit at the same time, Japan is a similar case study and they are still at near zero interest rates and very little economic growth..this isnt a two year fix, it is a 5-10 year fix (maybe, unless you make it worse in the meantime).
And yep I feel the markets have destroyed the country, the corruption and co-mingling of business interests with politics has led to the disintegration of our economy and society. There are no such things as free markets, but there has to be separation of business and politics..once business owns politics (started to happen with Reagan and forward) then the consumer is doomed, the economy is doomed. The government is meant to regulate and keep an eye on business, keep it from grinding us into bone dust, government tainted with business interests, contributions PAC's, congressmen with roots in big business stand zero chance of regulating or protecting consumer interests.
The "mess" has to run its course, we have to pay for our business and personal excesses and since business controls politics we arent and havent..
Wally, you summed it up pretty good. I could not agree with you more about the disaster Bush created. But, I take exception to your comment about President Obama not being a great leader. He is a great leader, just give him a little more time, he is only 49 years old. Every president makes mistakes in their first term. His mistake was trying to kiss the repulsicans cheeks. They said NO to everything. This time however, they cannot say NO, because it will come back to haunt them. I didn't see any other mistakes. The second stimulus was needed after Bush's first stimulus fell short. Obamacare will fall into place in a couple of years, which will help businesses compete.
Personally, I think he is doing a remarkable job, under the circumstances.
To answer the question, I dont speak in generalities at all..but unlike some here (not sure if you specifically since I dont know much about you outside that you are combative and like to tail my posts) I dont look at ONE event and hammer politically because what we have now is a summation of thousands of decisions, millions of people in the system. There are no studies to what I am discussing, rather if you understand basic economic cycle then what I say makes perfect sense.
The reality is that a one term president which takes over in the middle of an economic implosion will have very little if any effect during his term. I dont think Obama is a great leader or president, but he surely is better than Bush (I and II) yet that isnt much of a measuring stick.
Current decisions and policies are direct REACTION to previous decisions and policies since we were and are in economic peril. I said this during the elections that it did not matter WHO won the election, they were screwed no matter what..the disaster Bush created will be upon us for 5-10 years and it SHOULD. We had multiple bubbles hit at the same time, Japan is a similar case study and they are still at near zero interest rates and very little economic growth..this isnt a two year fix, it is a 5-10 year fix (maybe, unless you make it worse in the meantime).
And yep I feel the markets have destroyed the country, the corruption and co-mingling of business interests with politics has led to the disintegration of our economy and society. There are no such things as free markets, but there has to be separation of business and politics..once business owns politics (started to happen with Reagan and forward) then the consumer is doomed, the economy is doomed. The government is meant to regulate and keep an eye on business, keep it from grinding us into bone dust, government tainted with business interests, contributions PAC's, congressmen with roots in big business stand zero chance of regulating or protecting consumer interests.
The "mess" has to run its course, we have to pay for our business and personal excesses and since business controls politics we arent and havent..
Wally, you summed it up pretty good. I could not agree with you more about the disaster Bush created. But, I take exception to your comment about President Obama not being a great leader. He is a great leader, just give him a little more time, he is only 49 years old. Every president makes mistakes in their first term. His mistake was trying to kiss the repulsicans cheeks. They said NO to everything. This time however, they cannot say NO, because it will come back to haunt them. I didn't see any other mistakes. The second stimulus was needed after Bush's first stimulus fell short. Obamacare will fall into place in a couple of years, which will help businesses compete.
Personally, I think he is doing a remarkable job, under the circumstances.
Personally, I think he is doing a remarkable job, under the circumstances.
Well you are definitely in the minority ... more Americans think Bush was a better President than Obama...by a whopping 56-38 margin voters don't want to give Obama a second term...they want him fired in 2012.........
Despite voters feelings toward Obama personally, 56 % say.. he does not deserve to be re-elected..
Personally, I think he is doing a remarkable job, under the circumstances.
Well you are definitely in the minority ... more Americans think Bush was a better President than Obama...by a whopping 56-38 margin voters don't want to give Obama a second term...they want him fired in 2012.........
Despite voters feelings toward Obama personally, 56 % say.. he does not deserve to be re-elected..
The reality is the machine broke down Glass, until the free markets are removed from all political influence the markets will continue to destroy this great country.
China really dug its claws into us during the Bush term, the current currency/asset disaster from China is merely a function of the agenda started during Bush (export enslavement of the US) and the low rate environment due to the attempt of the FED/UST/USG to stimulate due to Bush leaving the economy on life support.
Obama is a moron, but almost all his actions are a function of what he assumed thanks to Bush.
This is obvious and simplistic Koaj, dont be so stuck to your political blinders to ignore what is right in front of your face.
wall, i think you are letting your biases skew your replies
from what you have posted, i gather you believe that everything was peachy the day Clinton handed over the baton to Bush? answer me this, let's say Clinton got two more terms, what would be different today?
the current currency/asset disaster from China is merely a function of
the agenda started during Bush (export enslavement of the US) and the
low rate environment due to the attempt of the FED/UST/USG to stimulate
due to Bush leaving the economy on life support.
This is obvious and simplistic Wall, dont be so stuck to your political blinders to ignore what is right in front of your face.
I might add it's quite obvious that you don't allow for the posibility that, the 'economics' you learned in US school systems, the same that Obama and co learned, are flawed.
What we are living thru is a result of a currency in ruins. D and R are much the problem, especially in that neither has a solution, which leads me to believe that they either can't open their minds to the possibility that their assumptions are wrong, or that they won't because they know it's all lies and their lifestyles depend on said lies
The reality is the machine broke down Glass, until the free markets are removed from all political influence the markets will continue to destroy this great country.
China really dug its claws into us during the Bush term, the current currency/asset disaster from China is merely a function of the agenda started during Bush (export enslavement of the US) and the low rate environment due to the attempt of the FED/UST/USG to stimulate due to Bush leaving the economy on life support.
Obama is a moron, but almost all his actions are a function of what he assumed thanks to Bush.
This is obvious and simplistic Koaj, dont be so stuck to your political blinders to ignore what is right in front of your face.
wall, i think you are letting your biases skew your replies
from what you have posted, i gather you believe that everything was peachy the day Clinton handed over the baton to Bush? answer me this, let's say Clinton got two more terms, what would be different today?
the current currency/asset disaster from China is merely a function of
the agenda started during Bush (export enslavement of the US) and the
low rate environment due to the attempt of the FED/UST/USG to stimulate
due to Bush leaving the economy on life support.
This is obvious and simplistic Wall, dont be so stuck to your political blinders to ignore what is right in front of your face.
I might add it's quite obvious that you don't allow for the posibility that, the 'economics' you learned in US school systems, the same that Obama and co learned, are flawed.
What we are living thru is a result of a currency in ruins. D and R are much the problem, especially in that neither has a solution, which leads me to believe that they either can't open their minds to the possibility that their assumptions are wrong, or that they won't because they know it's all lies and their lifestyles depend on said lies
until the free markets are removed from all political influence the markets will continue to destroy this great country.
political influence in the markets is at the root of every 'problem'
their attempts to control, that which cannot be controlled, is the cause of all the ills.
This country was founded on an idea, that a land free of political privilege would always yield better results then all other lands at the time and of the past, which are all buried in political privilege.
The market is all us humans working to satisfy our needs, wants, and desires. Well, mans desires are insatiable. So every attempt to lie to oneself and say that , thru some mythical governing body, that you can control mans desires, will always fail, and will fail bloody miserably with limitless suffering. Especially when the people that are making the rules and selectively enforcing them, are doing so at the cost of everyone else, to the detriment of all, and they put themselves above the rules. All for their own gain. Show me one politician that is not greedy as hell, that would put a constituents needs before their own. The Clintons?
until the free markets are removed from all political influence the markets will continue to destroy this great country.
political influence in the markets is at the root of every 'problem'
their attempts to control, that which cannot be controlled, is the cause of all the ills.
This country was founded on an idea, that a land free of political privilege would always yield better results then all other lands at the time and of the past, which are all buried in political privilege.
The market is all us humans working to satisfy our needs, wants, and desires. Well, mans desires are insatiable. So every attempt to lie to oneself and say that , thru some mythical governing body, that you can control mans desires, will always fail, and will fail bloody miserably with limitless suffering. Especially when the people that are making the rules and selectively enforcing them, are doing so at the cost of everyone else, to the detriment of all, and they put themselves above the rules. All for their own gain. Show me one politician that is not greedy as hell, that would put a constituents needs before their own. The Clintons?
You are stuck on step 3 and forget what got us to step 3, that was the point I kept making over and over..you arent understanding it.
I know about our currency situation, all you have to do is read a few news pieces and look at some charts. What you are doing is what most J6P do and most politicians, and it is why we are here in limbo.
WHY are we in a currency situation? You call it a crisis, I do not because I think it is INTENTIONAL..the currency is being used for a political and economic purpose..a CRISIS to me is when you have no control and no idea why it is happening, the UST, the USG and the FED know what is going on and why, that is why this is a situation versus a crisis.
WHY are we in this position? What CAUSED this position? Those questions are more pertinent than to state the obvious after watching CNN for an hour.
Do something for me..go to a Forex platform, go and see how the currencies in question were faring when Clinton left office..go ahead and check. You wont so I will for you-
US.Yen- in Jan of 2000 the Yen was about 130
EU.US- The Euro was between .80 and .90 which I know because I had a high net worth client move all his assets into the Euro as Clinton was leaving office.
AU.USD- The Aussie was between 52 and 57 cents as Clinton left office
US.CHF- The US closed at about 1.63 per CHF as Clinton left office
Lb.US- the Pound was in the low 1.40s when Clinton left office
You want to talk currencies, Clinton left most currencies in great position because we had a strong economy, a reasonable government debt level, the country was thriving.
I think you share the opinion that is destroying the economy and is shared with other republicans that the government is there to support business and help increase profits for business. The government is meant to lend a GENTLE hand to the economy, its influence is never meant to be large and is meant to ensure protection for consumers FROM business and that just is not happening and hasnt for multiple decades.
When you have politicians funded from business, sprouted from business, when we allow influence to legislation from business, who is there to protect us FROM business? Surely not the supply and demand equation.
Business has soiled the government, the sheer nature of greed and deception destroys the consumer, the government and society..we are slaves to business and the power is held by business over the consumer.
Last thing..when did I say my college education shaped my thinking? That is far from the truth..my college education taught me the farce of free markets and how supply and demand cure all evils..how business is of high standards and will regulate itself..my education did nothing to properly teach me about the realities of the markets and the destruction they cause upon consumers. Show me where I said otherwise?
You are stuck on step 3 and forget what got us to step 3, that was the point I kept making over and over..you arent understanding it.
I know about our currency situation, all you have to do is read a few news pieces and look at some charts. What you are doing is what most J6P do and most politicians, and it is why we are here in limbo.
WHY are we in a currency situation? You call it a crisis, I do not because I think it is INTENTIONAL..the currency is being used for a political and economic purpose..a CRISIS to me is when you have no control and no idea why it is happening, the UST, the USG and the FED know what is going on and why, that is why this is a situation versus a crisis.
WHY are we in this position? What CAUSED this position? Those questions are more pertinent than to state the obvious after watching CNN for an hour.
Do something for me..go to a Forex platform, go and see how the currencies in question were faring when Clinton left office..go ahead and check. You wont so I will for you-
US.Yen- in Jan of 2000 the Yen was about 130
EU.US- The Euro was between .80 and .90 which I know because I had a high net worth client move all his assets into the Euro as Clinton was leaving office.
AU.USD- The Aussie was between 52 and 57 cents as Clinton left office
US.CHF- The US closed at about 1.63 per CHF as Clinton left office
Lb.US- the Pound was in the low 1.40s when Clinton left office
You want to talk currencies, Clinton left most currencies in great position because we had a strong economy, a reasonable government debt level, the country was thriving.
I think you share the opinion that is destroying the economy and is shared with other republicans that the government is there to support business and help increase profits for business. The government is meant to lend a GENTLE hand to the economy, its influence is never meant to be large and is meant to ensure protection for consumers FROM business and that just is not happening and hasnt for multiple decades.
When you have politicians funded from business, sprouted from business, when we allow influence to legislation from business, who is there to protect us FROM business? Surely not the supply and demand equation.
Business has soiled the government, the sheer nature of greed and deception destroys the consumer, the government and society..we are slaves to business and the power is held by business over the consumer.
Last thing..when did I say my college education shaped my thinking? That is far from the truth..my college education taught me the farce of free markets and how supply and demand cure all evils..how business is of high standards and will regulate itself..my education did nothing to properly teach me about the realities of the markets and the destruction they cause upon consumers. Show me where I said otherwise?
You are stuck on step 3 and forget what got us to step 3,
that was the point I kept making over and over..you arent understanding
it.
I know about our currency situation, all you have to do is
read a few news pieces and look at some charts. What you are doing is
what most J6P do and most politicians, and it is why we are here in
limbo.
WHY are we in a currency situation? You call it a crisis, I
do not because I think it is INTENTIONAL..the currency is being used
for a political and economic purpose..a CRISIS to me is when you have no
control and no idea why it is happening, the UST, the USG and the FED
know what is going on and why, that is why this is a situation versus a
crisis.
WHY are we in this position? What CAUSED this position?
Those questions are more pertinent than to state the obvious after
watching CNN for an hour.
Do something for me..go to a Forex
platform, go and see how the currencies in question were faring when
Clinton left office..go ahead and check. You wont so I will for you-
So you agree, the solution to the problem is a stronger dollar? relative to what? Why did Bush need to use weak dollar policy? Was it a reaction to what happened in the Clinton years? Do you honestly believe that when Clinton passed the baton to Bush, that we were set up perfectly, and sustainably? I think some long term trends were all coming to a head regardless, and we'd be in the same boat today had Clinton been a four term president
think more big picture, these are macro forces at play here
Peak Oil. We aren't discovering any more cheap oil and the human race as a whole is using more. That's fact regardless of who's in power last decade
Boomers retiring. we got the first taste of what was to come from the dot.com bust. boomers built up the pyramid for decades, and with less suckers entering the fold ( CLICK ) the house of cards began to crumble. The housing market is/was a pyramid and boomers are the base, as they age they needed a bigger base to support a perpetual rise in home prices. Since the data was there for them all to see, that there wouldn't be enough kids to keep the game going, they turned to importing other suckers to try and prop up their ponzi. That's why all the boomer politicians are pro immigration en masse, they need suckers, they don't care if they are legal or if they have decent wages, they just need more
CLICK most important part of the puzzle, is our pure fiat debt money. It too requires perpetual borrowing at higher levels, or the game ends. Not much more blood to be squeezed out this stone, so watch the melt up and try to survive.
You are stuck on step 3 and forget what got us to step 3,
that was the point I kept making over and over..you arent understanding
it.
I know about our currency situation, all you have to do is
read a few news pieces and look at some charts. What you are doing is
what most J6P do and most politicians, and it is why we are here in
limbo.
WHY are we in a currency situation? You call it a crisis, I
do not because I think it is INTENTIONAL..the currency is being used
for a political and economic purpose..a CRISIS to me is when you have no
control and no idea why it is happening, the UST, the USG and the FED
know what is going on and why, that is why this is a situation versus a
crisis.
WHY are we in this position? What CAUSED this position?
Those questions are more pertinent than to state the obvious after
watching CNN for an hour.
Do something for me..go to a Forex
platform, go and see how the currencies in question were faring when
Clinton left office..go ahead and check. You wont so I will for you-
So you agree, the solution to the problem is a stronger dollar? relative to what? Why did Bush need to use weak dollar policy? Was it a reaction to what happened in the Clinton years? Do you honestly believe that when Clinton passed the baton to Bush, that we were set up perfectly, and sustainably? I think some long term trends were all coming to a head regardless, and we'd be in the same boat today had Clinton been a four term president
think more big picture, these are macro forces at play here
Peak Oil. We aren't discovering any more cheap oil and the human race as a whole is using more. That's fact regardless of who's in power last decade
Boomers retiring. we got the first taste of what was to come from the dot.com bust. boomers built up the pyramid for decades, and with less suckers entering the fold ( CLICK ) the house of cards began to crumble. The housing market is/was a pyramid and boomers are the base, as they age they needed a bigger base to support a perpetual rise in home prices. Since the data was there for them all to see, that there wouldn't be enough kids to keep the game going, they turned to importing other suckers to try and prop up their ponzi. That's why all the boomer politicians are pro immigration en masse, they need suckers, they don't care if they are legal or if they have decent wages, they just need more
CLICK most important part of the puzzle, is our pure fiat debt money. It too requires perpetual borrowing at higher levels, or the game ends. Not much more blood to be squeezed out this stone, so watch the melt up and try to survive.
You need some improvement in the quotation and structure of your reply, it is a chore to follow what you are trying to say.
But...to try and answer here goes.
I dont like seeing a mega weak dollar because it is in a sense selling our assets at a discount to achieve a fiscal goal and in the short term that might work but in the long term I dont like the potential consequences.
Japan did a similar thing but they are just now slowly starting to peek through, and how long has it been for them? Take a look at a longer term chart of the US.Yen and see how high the USD was. In 1985 the US.Yen was 250 and higher! That is too strong of a USD, I think 100 to 110 is proper, we dont need an ultra strong dollar as it crimps imports, I think a 100-110 Yen, a 1.20 EU, a 1.40 LB, .75 AU, a 1.10 CHF is about right..
The interesting thing here is for how much we are trying to sink the currency, it isnt sinking..and that is due to the unknown status of other governments/economies and the narrow nature of some economies.
I dont think Bush really used a weak dollar policy until we headed into the invasion..prior to bringing back the 30 yr and screwing us financially, the USD wasnt too bad off, which I think was due to the lingering effects of the economy after Clinton and how we were starting to manipulate and elongate the cycle..we allowed bubbles to be created which artificially kept our economy high when it should not have and that kept our currency strong.
Peak oil is a function of our lack of continuing alt-energy push that Carter started, our enslavement to OPEC and our inability to change the demand function, if we had continued after Carter and thought forward we probably wouldnt be held hostage to OPEC and the cheaters in the energy markets..notice how we give another example of the private sector abusing the consumer.
The fiat money trumpet I already mentioned, it is not a crisis rather a orchestrated situation..
You need some improvement in the quotation and structure of your reply, it is a chore to follow what you are trying to say.
But...to try and answer here goes.
I dont like seeing a mega weak dollar because it is in a sense selling our assets at a discount to achieve a fiscal goal and in the short term that might work but in the long term I dont like the potential consequences.
Japan did a similar thing but they are just now slowly starting to peek through, and how long has it been for them? Take a look at a longer term chart of the US.Yen and see how high the USD was. In 1985 the US.Yen was 250 and higher! That is too strong of a USD, I think 100 to 110 is proper, we dont need an ultra strong dollar as it crimps imports, I think a 100-110 Yen, a 1.20 EU, a 1.40 LB, .75 AU, a 1.10 CHF is about right..
The interesting thing here is for how much we are trying to sink the currency, it isnt sinking..and that is due to the unknown status of other governments/economies and the narrow nature of some economies.
I dont think Bush really used a weak dollar policy until we headed into the invasion..prior to bringing back the 30 yr and screwing us financially, the USD wasnt too bad off, which I think was due to the lingering effects of the economy after Clinton and how we were starting to manipulate and elongate the cycle..we allowed bubbles to be created which artificially kept our economy high when it should not have and that kept our currency strong.
Peak oil is a function of our lack of continuing alt-energy push that Carter started, our enslavement to OPEC and our inability to change the demand function, if we had continued after Carter and thought forward we probably wouldnt be held hostage to OPEC and the cheaters in the energy markets..notice how we give another example of the private sector abusing the consumer.
The fiat money trumpet I already mentioned, it is not a crisis rather a orchestrated situation..
Rick. In my mind, it is still the Republican economy. Let me tell you why.... The Republicans were in control of the White House, the Senate and the House of Representatives when G.W. Bush decided to go to war, without any idea how to pay for it.
He knew taxes where just cut. What did he do about it? Did he announce a War Tax of some sort ? NO. Furthermore, he turned a blind eye to the tripling of oil prices, ( you know, the free market mentality ) thereby causing inflation throughout the economy.
Meanwhile the repulsicans suppressed wages, by allowing millions of illegals to come in, and by squashing 11 yearly attempts by the Democrats to increase the minimum wage. ( but, they increased their own wages 11 years in a row )..
Before he left office, he added to that debt with the first stimulus package.
Then he walked away washing his hands of the mess. And to this very day he Cheney are still in hiding.
Now you have the gall to ask me if this is President Obama's economy. lol. NO, not until we recover from this catastrophe
DJ, are you sure you really want to bring up illegal immigration being the Repub's fault? The Dems have been courting the Hispanic vote for years, and given the current position of the JD in the AZ case sure doesn't help make the case that the Repubs are the ones supporting illegal immigration and suppressing the minimum wage. And BTW, you and your party blaming Bush sure is getting tired. I was more than ready for him to leave office during his second term and I was against a lot of his positions, including the invasion of Iraq. But Bush is out of office, and Obama ran on a promise of change and improvement in this country. So far, he has only made things worse, which is why the Dems will get crushed on Tues and he is likely to be a one term president unless he starts making some better decisions.
Rick. In my mind, it is still the Republican economy. Let me tell you why.... The Republicans were in control of the White House, the Senate and the House of Representatives when G.W. Bush decided to go to war, without any idea how to pay for it.
He knew taxes where just cut. What did he do about it? Did he announce a War Tax of some sort ? NO. Furthermore, he turned a blind eye to the tripling of oil prices, ( you know, the free market mentality ) thereby causing inflation throughout the economy.
Meanwhile the repulsicans suppressed wages, by allowing millions of illegals to come in, and by squashing 11 yearly attempts by the Democrats to increase the minimum wage. ( but, they increased their own wages 11 years in a row )..
Before he left office, he added to that debt with the first stimulus package.
Then he walked away washing his hands of the mess. And to this very day he Cheney are still in hiding.
Now you have the gall to ask me if this is President Obama's economy. lol. NO, not until we recover from this catastrophe
DJ, are you sure you really want to bring up illegal immigration being the Repub's fault? The Dems have been courting the Hispanic vote for years, and given the current position of the JD in the AZ case sure doesn't help make the case that the Repubs are the ones supporting illegal immigration and suppressing the minimum wage. And BTW, you and your party blaming Bush sure is getting tired. I was more than ready for him to leave office during his second term and I was against a lot of his positions, including the invasion of Iraq. But Bush is out of office, and Obama ran on a promise of change and improvement in this country. So far, he has only made things worse, which is why the Dems will get crushed on Tues and he is likely to be a one term president unless he starts making some better decisions.
DJ, are you sure you really want to bring up illegal immigration being the Repub's fault? The Dems have been courting the Hispanic vote for years, and given the current position of the JD in the AZ case sure doesn't help make the case that the Repubs are the ones supporting illegal immigration and suppressing the minimum wage. And BTW, you and your party blaming Bush sure is getting tired. I was more than ready for him to leave office during his second term and I was against a lot of his positions, including the invasion of Iraq. But Bush is out of office, and Obama ran on a promise of change and improvement in this country. So far, he has only made things worse, which is why the Dems will get crushed on Tues and he is likely to be a one term president unless he starts making some better decisions.
Hey Egg.. head,.... For 12 years repulsicans have turned a blind to Illegals because they wanted cheap labor. That is evidenced by the fact they voted against increasing the minimum wage 11 times.(while they voted to increase their own salaries every year but two).
Secondly..Yes indeed President Obama ran on the promise to change, and he has tried, But, the repulsicans blocked him. They voted NO on everything that he put forth. Beginning the day of his Inauguration the have been hateful to him. Proclaiming that they will vote NO. NO, NO.. Fox radio and TV network have been pounding the drums for 2 solid years, day after day, brainwashing the people with their hatred.
The Democrats may lose the House next Tuesday, which is typical in midterm elections.
DJ, are you sure you really want to bring up illegal immigration being the Repub's fault? The Dems have been courting the Hispanic vote for years, and given the current position of the JD in the AZ case sure doesn't help make the case that the Repubs are the ones supporting illegal immigration and suppressing the minimum wage. And BTW, you and your party blaming Bush sure is getting tired. I was more than ready for him to leave office during his second term and I was against a lot of his positions, including the invasion of Iraq. But Bush is out of office, and Obama ran on a promise of change and improvement in this country. So far, he has only made things worse, which is why the Dems will get crushed on Tues and he is likely to be a one term president unless he starts making some better decisions.
Hey Egg.. head,.... For 12 years repulsicans have turned a blind to Illegals because they wanted cheap labor. That is evidenced by the fact they voted against increasing the minimum wage 11 times.(while they voted to increase their own salaries every year but two).
Secondly..Yes indeed President Obama ran on the promise to change, and he has tried, But, the repulsicans blocked him. They voted NO on everything that he put forth. Beginning the day of his Inauguration the have been hateful to him. Proclaiming that they will vote NO. NO, NO.. Fox radio and TV network have been pounding the drums for 2 solid years, day after day, brainwashing the people with their hatred.
The Democrats may lose the House next Tuesday, which is typical in midterm elections.
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