Congrats to the TeaParty : they did cut 2.5 trillion - GoFuckYourself.com

directfiesta · 08-07-2011, 11:03 AM

... off the stock market in only one week ...

Quote:

Rough week: $2.5 trillion wiped off world stocks

LONDON ? More than $2.5 trillion have been wiped off the value of world stocks this week on mounting concerns the global economy is heading toward another recession and Italy and Spain are being engulfed by the euro zone sovereign debt crisis.

The sum wiped off the MSCI All-Country World Index is almost equivalent to the size of the entire French economy.

The MSCI All-Country World Index is down 8.6 percent this week, on track for its biggest weekly percentage fall since November 2008.

The U.S. S&P 500 index alone has lost more than $840 billion from its market capitalization this week , while European equities measured by the MSCI Europe have lost more than $817 billion.

"These are markets to be careful (in), not to try and be a hero," Royal Bank of Scotland Chief Executive Stephen Hestor told reporters after the bank announced its first-half results.

http://www.msnbc.msn.com/id/44049611.../#.Tj7S6IK8vzs

Gotta admit, they are effective in downsizing ...

DaddyHalbucks · 08-07-2011, 11:18 AM

At least you have stopped blaming GWB.

seeandsee · 08-07-2011, 11:36 AM

imaginary cash wiped out to no were, cute

IllTestYourGirls · 08-07-2011, 04:22 PM

Fact is we did not cut enough. Fact is that the neocons and democrats did not want to cut enough. The compromise should have been with greater cuts and an BBA but the democrats blocked that. Then Reid tabled the bill that passed congress and then filibustered his own bill until the 12th hour. Blaming less than 12% of the congress for this is pretty funny.

If you truly think the tea party, a bunch of freshman that make up less than 12% of congress, is to blame for this then you would also have to admit the HUGE failure of the president and Senate Majority leader for not coming up with a plan.

Seriously, you are going to blame freshman congresspeople that are less than 12% of the congress without placing the blame on failed leadership in the White House?

directfiesta · 08-07-2011, 05:03 PM

Quote:

Originally Posted by IllTestYourGirls

Fact is we did not cut enough. Fact is that the neocons and democrats did not want to cut enough. The compromise should have been with greater cuts and an BBA but the democrats blocked that. Then Reid tabled the bill that passed congress and then filibustered his own bill until the 12th hour. Blaming less than 12% of the congress for this is pretty funny.

If you truly think the tea party, a bunch of freshman that make up less than 12% of congress, is to blame for this then you would also have to admit the HUGE failure of the president and Senate Majority leader for not coming up with a plan.

Seriously, you are going to blame freshman congresspeople that are less than 12% of the congress without placing the blame on failed leadership in the White House?

./.. fiction ....

Doctor Dre · 08-07-2011, 05:26 PM

Quote:

Originally Posted by IllTestYourGirls

Fact is we did not cut enough. Fact is that the neocons and democrats did not want to cut enough. The compromise should have been with greater cuts and an BBA but the democrats blocked that. Then Reid tabled the bill that passed congress and then filibustered his own bill until the 12th hour. Blaming less than 12% of the congress for this is pretty funny.

If you truly think the tea party, a bunch of freshman that make up less than 12% of congress, is to blame for this then you would also have to admit the HUGE failure of the president and Senate Majority leader for not coming up with a plan.

Seriously, you are going to blame freshman congresspeople that are less than 12% of the congress without placing the blame on failed leadership in the White House?

Right wing americans just seem so out of toutch of reality with what's going on... there is probaby not a singe country's governement in the world supporting your world view.

IllTestYourGirls · 08-07-2011, 05:30 PM

Quote:

Originally Posted by Doctor Dre

Right wing americans just seem so out of toutch of reality with what's going on... there is probaby not a singe country's governement in the world supporting your world view.

And my world view would be?

DaddyHalbucks · 08-07-2011, 09:12 PM

You're falling down at your game!

You forgot to call them "terrorists" "racists" "delusional" etc..

GatorB · 08-07-2011, 09:16 PM

Quote:

Originally Posted by DaddyHalbucks

At least you have stopped blaming GWB.

Well he was in charge when this all started. What gets me is that people expect one guy to fix something in 30 months that took someone else 8 years to fuck up. Mihgt be able to get done if one had COOPERATION from the House.

Joshua G · 08-07-2011, 10:06 PM

you know, when the real estate bubble was in full swing, a handful of people named ron paul stood forth & said this was wrong. nobody listened, & wall street burned.

the deficit is another bubble. every dime spent with borrowed money is artificial growth. Fake growth. Growth unsustainable without more spending. this is why governments cannot spend the economy into prosperity.

tea party fights to save america from trust fund child liberals who spend away the countries wealth.

08-07-2011, 11:18 AM	#2
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	At least you have stopped blaming GWB. __________________ Boner Money

08-07-2011, 11:36 AM	#3
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	imaginary cash wiped out to no were, cute __________________ BUY MY SIG - 50$/Year Contact here

08-07-2011, 04:22 PM	#4
IllTestYourGirls Ah My Balls Industry Role: Join Date: Feb 2007 Location: Under the gold leaf ICQ 388-454-421 Posts: 14,311	Fact is we did not cut enough. Fact is that the neocons and democrats did not want to cut enough. The compromise should have been with greater cuts and an BBA but the democrats blocked that. Then Reid tabled the bill that passed congress and then filibustered his own bill until the 12th hour. Blaming less than 12% of the congress for this is pretty funny. If you truly think the tea party, a bunch of freshman that make up less than 12% of congress, is to blame for this then you would also have to admit the HUGE failure of the president and Senate Majority leader for not coming up with a plan. Seriously, you are going to blame freshman congresspeople that are less than 12% of the congress without placing the blame on failed leadership in the White House? __________________

08-07-2011, 09:12 PM	#8
DaddyHalbucks A freakin' legend! Industry Role: Join Date: Feb 2004 Location: Las Vegas, Nevada USA Posts: 18,975	You're falling down at your game! You forgot to call them "terrorists" "racists" "delusional" etc.. __________________ Boner Money

08-07-2011, 10:06 PM	#10
Joshua G dumb libs love censorship Industry Role: Join Date: Jul 2008 Posts: 8,198	you know, when the real estate bubble was in full swing, a handful of people named ron paul stood forth & said this was wrong. nobody listened, & wall street burned. the deficit is another bubble. every dime spent with borrowed money is artificial growth. Fake growth. Growth unsustainable without more spending. this is why governments cannot spend the economy into prosperity. tea party fights to save america from trust fund child liberals who spend away the countries wealth.