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Old 09-26-2011, 07:50 PM   #51
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50 right-wingers killing Greece
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Old 09-26-2011, 07:51 PM   #52
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Thing that I dont understand about conservatives is how they love socialism to pay off the bills when their profits fail.
what ol' 12clicks will tell you is that righteous and successful people hate welfare.

unless its corporate;)
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Old 09-26-2011, 07:52 PM   #53
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what ol' 12clicks will tell you is that righteous and successful people hate welfare.

unless its corporate;)
Corps are worth it. The bottom of society isn't.
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Old 09-26-2011, 07:56 PM   #54
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Corps are worth it. The bottom of society isn't.
What about small companies getting bail outs due to the economy being bad?
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Old 09-26-2011, 07:56 PM   #55
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Corps are worth it. The bottom of society isn't.
tada! i knew that you would;)

so then you do approve of Obama's bailout to the corporations?
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Old 09-26-2011, 07:57 PM   #56
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That was a great troll Caligari..
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Old 09-26-2011, 08:01 PM   #57
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I do what i can;)

and if he tries to batter obama on the bailout his ass should be reminded that it was Bush who got the whole bailout ball rolling-
http://www.huffingtonpost.com/2010/1..._n_783342.html
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Old 09-26-2011, 08:02 PM   #58
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thats it good night everyone!

sleep tight 12clicks!
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Old 09-26-2011, 08:04 PM   #59
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tada! i knew that you would;)

so then you do approve of Obama's bailout to the corporations?
Nope.....
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Old 09-26-2011, 08:06 PM   #60
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thats it good night everyone!

sleep tight 12clicks!


https://youtube.com/watch?v=QpUyb37CFT4

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Old 09-26-2011, 08:08 PM   #61
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I do what i can;)

and if he tries to batter obama on the bailout his ass should be reminded that it was Bush who got the whole bailout ball rolling-
http://www.huffingtonpost.com/2010/1..._n_783342.html
The uneducated among us always excuse continued deficit spending on a scale never before seen because some deficit spending was done before.
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Old 09-26-2011, 08:13 PM   #62
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The uneducated among us always excuse continued deficit spending on a scale never before seen because some deficit spending was done before.
Actually, it's not being done a scale like never before... the difference between spending and earning is closer together than it has been under 'almost' every other president during bailout times.

And in case you forgot, we had 3 bailouts in the 70's, 4 in the 80's for 85+ billion just on banks, the Airlines in the 90's and 01, then 1.4 trillion to banks and lenders under Bush.

The largest spending ever is Bush, the largest deficit ratio is Reagan. Obama doesn't even come close to these guys - at that, he alone hasn't really spent that much, over what was already in place (but hidden from us)... what he can for sure be blamed for is not reducing it.
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Old 09-26-2011, 08:23 PM   #63
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Actually, it's not being done a scale like never before... the difference between spending and earning is closer together than it has been under 'almost' every other president during bailout times.

And in case you forgot, we had 3 bailouts in the 70's, 4 in the 80's for 85+ billion just on banks, the Airlines in the 90's and 01, then 1.4 trillion to banks and lenders under Bush.

The largest spending ever is Bush, the largest deficit ratio is Reagan. Obama doesn't even come close to these guys - at that, he alone hasn't really spent that much, over what was already in place (but hidden from us)... what he can for sure be blamed for is not reducing it.
Link?
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Old 09-26-2011, 08:50 PM   #64
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The greek people didn't cause this, it was their government. They had no more control over their government than you or I do. The corporations control the government, because they control everything through lobbying.

Since corporations are generally run by rich conservatives, then tell me, who ran up the debt bill?

Let's face it people, the powers that be use governments to put as much debt onto the public as they can. That's the entire game. Then when the debt is so big that it can't be settled, they get all protectionist, point to the poor people and say THEY DID IT!

The only problem is the inability to saddle the working class with more debts - or to put it more correctly - the belief that the banks who lend the money will be able to remain solvent with the debt loads.

So many people have been sucking the average guy dry that the fat cats are just scared that there won't be anyone left to mooch from, at which point they'll be unable to keep the "market" headed upwards.

Yet we all know that going up forever can't work. It's really just the capitalist system showing its cracks finally.
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Old 09-26-2011, 08:54 PM   #65
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Think, my government is buying a large number of fighter jets that the majority of Canadians don't want or believe we need. The billions of dollars they will cost will be public debt. That's not welfare, or people running up their visa bills. It's irresponsible spending on our behalf, that we have absolutely no control over.

Surely, the US threatened us privately to help out their buddies at Lockheed Martin, and threw us a little bone in return to get us to agree to the contracts.

That's the kind of stuff that's causing the problems.

If you let the "unionized welfare middle class" decide, we'd be more CONSERVATIVE and not spend that money.
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Old 09-26-2011, 08:56 PM   #66
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Plan B, when the economy crashes: I think I'll just open Porno's Fish Tacos in a food trailer.....people still gotta eat.
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Old 09-26-2011, 09:09 PM   #67
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Some time ago we moved from a civilizational economy based on primary wealth, like extracted metals fuels and food, or secondary wealth like manufactured items, to tertiary wealth based on symbolic manipulation of money, ownership, information and unequal access to information, that kind of thing.

In an economy based on symbolic manipulation rather than natural wealth or manufacturing, this kind of manipulation by the investing and trading class is how the economy works.

It's essentially a cyclical harvest of the wealth of the general population by the small percentage licensed to be the harvesters.

This is the world we live in. It's quite new tho - only a few hundred years old - who knows if it's a rugged enough complex system to last long.
good for you too see the reality.
i am rather stock trader then webmaster nowadays. To surive in current enviroment its necessary to know the story of "manipulaton versus natural wealth creation" aka who is the cyclical harvestor (with big time help of the goverment) and i ts a must know story for anyone who invested more then in this kind of society.

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Old 09-26-2011, 09:11 PM   #68
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Link?
Umm... http://www.google.com/ I recommend you learn how to use it yourself so you stop getting clowned around here so much.

Let me get you started... first we're talking about percentages and ratios of differences, mostly because trying to figure in inflation is a pain, even though some pages below did it for us.

Showing we're having some growth, it's not all death basically... just to get the ball moving
http://www.data360.org/dsg.aspx?Data_Set_Group_Id=274

Odd, the differences between the bailout years of gdp vs spending vs deficit, really no mater the direction, but better if you compare up.. spending vs spending today as a difference and earnings as a difference, which covers the gap like no other.
http://www.usgovernmentspending.com/

Gov bailouts: http://www.propublica.org/special/government-bailouts
Looks like the mighty Ronald Reagan had a bailout too, I wonder if you were bitching up a storm then.

Total cost of bush, 11 trillion
http://articles.moneycentral.msn.com...-trillion.aspx

Total cost of Obama policies, WITH Bush book correction: 6.5 trillion - which includes the war cost he took on, and didn't actually create, his "actual" spending is far lower.

Amazing, Obama isn't really out-spending anyone, for sure compared to that Regan guy, with all the talk and all you would think it was vastly more, but it's less....
http://www.davemanuel.com/2010/06/21...ent-1961-2012/


This is boring me now.... you're boring me, you're boring.
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Old 09-27-2011, 05:24 PM   #69
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Nothing is real. Believe no one...

http://www.huffingtonpost.co.uk/2011...ust_reloaded=1
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Old 09-27-2011, 05:37 PM   #70
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if it is a hoax its fucking brilliant.
The Yes Men
Here's one they pulled off-
"Yes Men's Servin presents Exxon's new human flesh-derived "Vivoleum" future fuel at a Keynote Luncheon at the GO-Expo 2007 (Oil and Gas Exposition) in Calgary, Alberta."
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Old 09-27-2011, 05:49 PM   #71
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This is the Yes Men movie trailer where they hoaxed the BBC before ahaha
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Old 09-27-2011, 06:02 PM   #72
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The people who keep pushing unregulated free markets are empowering that 100%.
Truly free markets where the politically connected are forced to sink or swim are their worst nightmare. Government regulations and bailouts are what have allowed Goldman Sachs (and others of their ilk) to continue "ruling the world."

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Old 09-27-2011, 06:04 PM   #73
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Actually, it's not being done a scale like never before... the difference between spending and earning is closer together than it has been under 'almost' every other president during bailout times.

And in case you forgot, we had 3 bailouts in the 70's, 4 in the 80's for 85+ billion just on banks, the Airlines in the 90's and 01, then 1.4 trillion to banks and lenders under Bush.

The largest spending ever is Bush, the largest deficit ratio is Reagan. Obama doesn't even come close to these guys - at that, he alone hasn't really spent that much, over what was already in place (but hidden from us)... what he can for sure be blamed for is not reducing it.
Obama has been president for 33 months and he has spent close to 4 TRILLION dollars.
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Old 09-27-2011, 06:08 PM   #74
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Obama has been president for 33 months and he has spent close to 4 TRILLION dollars.
Don't confuse him with reality.
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Old 09-27-2011, 06:12 PM   #75
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Obama has been president for 33 months and he has spent close to 4 TRILLION dollars.
You mean that's how much the national debt went up under Obama, after he corrected Bush's books and showed you the true cost of war and the 1.4 trillion in bank bailouts is on Obama's watch too as it was signed when Bush went out, making it so Obama had to dish it out...

Can you track down how much Obama has "actually" spent, ie: what have his policies actually cost us?

I know how much it roughly is, but I would love to hear what the media has told you, I'll give you a hint, it's not anywhere close to 4 trillion.
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Old 09-27-2011, 06:14 PM   #76
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Don't confuse him with reality.
My reality is busy enough with facts, so yes, please... keep your bullshit conservative american hating reality far far far away from me.
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Old 09-27-2011, 06:22 PM   #77
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Are you back for more punishment 12clicks, because this statement doesn't mean shit-
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The uneducated among us always excuse continued deficit spending on a scale never before seen because some deficit spending was done before.
Bush did the first tarp bailout, Obama followed up with the second.

So either you think Bush fucked up or you agree with Obama's follow up.

You can't weasel your way out of it, so man up and confess.

You like Obama's corporate ass kissing style don't you?
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Old 09-27-2011, 06:30 PM   #78
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If a hoax, it was a good one.
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Old 09-27-2011, 06:39 PM   #79
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illuminati playing MIND GAMES now.
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Old 09-27-2011, 06:39 PM   #80
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He's probably right, you socialists have bankrupt Europe and there is likely to be a crash as a result.
you mean it wasnt all those mortgage backed securities they sold off to eveyone? Funny germany is doing great and sweden is going pretty strong and china which is communist is kicking everyones ass. Makes you think.
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Old 09-27-2011, 06:49 PM   #81
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And if a hoax, then I'd suggest this is the beginning of the end for the yes men.

What credibility they had was in their targeting - now if they are just hoaxing for hoaxing's sake, or to embarrass the bbc, they are going to be reduced to the status of what's his name, the acorn guy, the one on trial now.

It's easy to imagine it as a hoax tho, in retrospect.

However, it's going to add just another poison pill to the media problem that we already have - and increase the crazy.
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Old 09-27-2011, 06:58 PM   #82
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Altho, comparing the two videos linked, I'm not immediately convinced Andy Bichbaum (if thats his real name) and Alessio Rastani (if thats his real name) are the same person. The tones and sounds in the voice are different, the mouth shape is different, Bichbaum looks older, tho that could be makeup.

Acting training could explain the differences - one can practice speaking differently and holding one's face in different patterns.





Quote:
Self-styled trader Alessio Rastani, 34, made world headlines after his bizarre appearance on the BBC.

But his interview has come under close scrutiny ? resulting in Rastani being linked to a group of Internet ?imposters? known as The Yes Men.

Many believe Rastani is in fact Andy Bichlbaum who created the group as a way of exposing lies and telling the truth in society.

'Rastani' is accused of a series of similar hoaxes including an appearance on the BBC in 2004 in which he claimed victims of the Bhopal disaster would receive compensation.

In the YouTube video from the 20th anniversary of the incident a man ? who looks and sounds remarkably like Rastani - says he?s a spokesman for Dow Chemical which is paying out the money.

On Tuesday the BBC stood by the authenticity of their interviewee. "We've carried out detailed investigations and can't find any evidence to suggest that the interview with Alessio Rastani was a hoax.

?He is an independent market trader and one of a range of voices we've had on air to talk about the recession."

Forbes.com has also conducted a telephone interview with the mysterious trader who says he lives in south London.
In it He says he is obsessed with trading and that he has a book he?s trying to get published.

But on the question of hoaxing and asked if he?s heard of the Yes Men he says: ?Heard of it before? Not quite sure why they?re calling me that. I have no idea where that came from.?

The Forbes interviewer then asks: ?Because there?s a video of you posing as a Dow Chemical spokesman.?

He then answers: ?A Dow Chemical spokesman? Have you seen this video? That can?t be right. I?ve never spoken to Dow Chemical before in my life. Maybe it?s a fake. Are you sure about this? Honestly, listen, I?ve no idea where that came from. That interview yesterday was one of the first ones I did live.

?I don?t know why they think it?s a hoax. No, I am a trader absolutely. I have trader friends who could back that up. One of my mentors is a bestselling author and trader. Everyone knows me.?

UPDATE (9/27/11, 7:10 p.m. EDT): Rastani's trading may be a 'hobby' after all. The Telegraph has secured comments where he uses that term, while referring to himself as an 'attention seeker'.
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Old 09-27-2011, 07:07 PM   #83
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and...

http://www.npr.org/blogs/thetwo-way/...ts-a-recession

Quote:
12:45 pm

September 27, 2011
The BBC has doubled down, issuing a statement saying that:

"We've carried out detailed investigations and can't find any evidence to suggest that the interview with Alessio Rastani was a hoax. He is an independent market trader and one of a range of voices we've had on air to talk about the recession."

Meanwhile, Forbes' Emily Lambert tracked down Rastani and their conversation included this exchange. See if he convinces you:

Lambert: "Have you heard of the Yes Men?"

Rastani: "Heard of it before? Not quite sure why they're calling me that. I have no idea where that came from."

Lambert: "Because there's a video of you posing as a Dow Chemical spokesman."

Rastani: "What? A Dow Chemical spokesman? Have you seen this video? That can't be right. I've never spoken to Dow Chemical before in my life. Maybe it's a fake. Are you sure about this? Honestly, listen, I've no idea where that came from. That interview yesterday was one of the first ones I did live.

"I don't know why they think it's a hoax. No, I am a trader absolutely. I have trader friends who could back that up. One of my mentors is a bestselling author and trader. Everyone knows me."

Rastani's website is here. He hasn't tweeted in three days.

Update at 3:45 p.m. ET. Rastani Says He's A "A Talker":

Well, the BBC may be standing by its subject. But now there's this:

" 'They approached me,' [Rastani] told The Telegraph. 'I'm an attention seeker. That is the main reason I speak. That is the reason I agreed to go on the BBC. Trading is a like a hobby. It is not a business. I am a talker. I talk a lot. I love the whole idea of public speaking.'

"So he's more of a talker than a trader. A man who doesn't own the house he lives in, but can sum up the financial crisis in just three minutes ? a knack that escapes many financial commentators.

" 'I agreed to go on because I'm attention seeker,' he said on Tuesday. 'But I meant every word I said.' "

Tags: Yes Men, Alessio Rastani, BBC
and this.....

http://www.independent.co.uk/news/pe...d-2361937.html

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* Telegenic trader Alessio Rastani is the talk of Twitter following his controversial BBC News appearance. Contrary to conspiracy theory, he's no prankster; he hosts seminars for The Wealth Training Company, purveyors of get-rich-quick stock market courses. His boss Darren Winters was on a conference call, so I spoke instead to Tatjana Valujeva, Winters' partner, who seemed baffled that her colleague should be on the BBC at all. "I find it hilarious," she said. "If you walked around Canary Wharf, every second person you spoke to would be more qualified than Alessio to talk about the financial crisis." So is he a popular chap? "His stock market seminars are very popular... They'll be even more popular now!" Rastani, she explained, called in sick yesterday, so overwhelmed was he by the media attention. Luckily, he has since enlisted Max Clifford to do his PR.
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Old 09-27-2011, 07:16 PM   #84
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You mean that's how much the national debt went up under Obama, after he corrected Bush's books and showed you the true cost of war and the 1.4 trillion in bank bailouts is on Obama's watch too as it was signed when Bush went out, making it so Obama had to dish it out...

Can you track down how much Obama has "actually" spent, ie: what have his policies actually cost us?

I know how much it roughly is, but I would love to hear what the media has told you, I'll give you a hint, it's not anywhere close to 4 trillion.
Let me remind you. This is the internet. Every piece of information you cut and paste is available to everyone that posts at GFY. You consistently confuse your interpretation of this information as fact.

.
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Old 09-27-2011, 07:23 PM   #85
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Let me remind you. This is the internet. Every piece of information you cut and paste is available to everyone that posts at GFY. You consistently confuse your interpretation of this information as fact.

.
so you are saying only you know the facts? Then you know the wars werent on the books until barry came on board.
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Old 09-27-2011, 07:24 PM   #86
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Let me remind you. This is the internet. Every piece of information you cut and paste is available to everyone that posts at GFY. You consistently confuse your interpretation of this information as fact.

.
Okay? Then use it to prove me wrong.....

I didn't cut and paste anything.

I'm not confused at all, Obama has not spent 4 trillion dollars.

That's what your claim was, and it's grossly incorrect.
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Old 09-27-2011, 07:37 PM   #87
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so you are saying only you know the facts? Then you know the wars werent on the books until barry came on board.
I know that the internet is an enormous source of information. I also know how to use Google. I read yours and others points of views and find it interesting at how the world has changed since the internet came to be.

You read a blog,or a news related site. You cherry pick someones version of the *facts* then regurgitate it as something that you believe. That's fine. But consider your sources and consider that for every source you put up as the truth,that there is someone with a completely contradicting version.

We understand that you are a huge fan of Obama. That's your right. You and the doc,can read blogs and type your opinions forever. It won't change anyones mind or opinion. And certainly won't change my mind.

Personally,I think he has done a poor job. I think he was in over his head and hope he either raises his game a lot and that he does it soon. Or I hope he is a one term president.
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Old 09-27-2011, 07:53 PM   #88
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I know that the internet is an enormous source of information. I also know how to use Google. I read yours and others points of views and find it interesting at how the world has changed since the internet came to be.

You read a blog,or a news related site. You cherry pick someones version of the *facts* then regurgitate it as something that you believe. That's fine. But consider your sources and consider that for every source you put up as the truth,that there is someone with a completely contradicting version.

We understand that you are a huge fan of Obama. That's your right. You and the doc,can read blogs and type your opinions forever. It won't change anyones mind or opinion. And certainly won't change my mind.

Personally,I think he has done a poor job. I think he was in over his head and hope he either raises his game a lot and that he does it soon. Or I hope he is a one term president.
So it is your opinion that I'm incorrect... that's basically what you just said.


Politifact and factcheck contain sources..... look up what you said, to prove yourself wrong.

Could you show me where I quote blogs, posted a link to political blogs, or even talk about them? Because again, you would be very incorrect on where or how I get my information.

Personally, I don't give a shit about Obama, didn't vote for him, and wouldn't. My posts are here to show you how screwed up your sources are... and if you think he spent 4 trillion dollars, that says something about your sources.

Yes, I know it's Fox news, they are the one that spews that b.s. - because if you actually looked it up, you wouldn't repeat it anymore.
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Old 09-27-2011, 07:58 PM   #89
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So it is your opinion that I'm incorrect... that's basically what you just said.


Politifact and factcheck contain sources..... look up what you said, to prove yourself wrong.

Could you show me where I quote blogs, posted a link to political blogs, or even talk about them? Because again, you would be very incorrect on where or how I get my information.

Personally, I don't give a shit about Obama, didn't vote for him, and wouldn't. My posts are here to show you how screwed up your sources are... and if you think he spent 4 trillion dollars, that says something about your sources.

Yes, I know it's Fox news, they are the one that spews that b.s. - because if you actually looked it up, you wouldn't repeat it anymore.
Again,you have strong opinions.
You can be as right as you need to be.
I have an early flight in the morning.
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Old 09-27-2011, 07:59 PM   #90
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Again,you have strong opinions.
You can be as right as you need to be.
I have an early flight in the morning.
Put up or shut up, straight up... otherwise you are just running your mouth.
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Old 09-28-2011, 03:53 AM   #91
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"Public records show Mr. Rastani, 34, has been an investment speaker for Santoro Projects in Britain since 2007."

at the bottom of this page - so - either exploited someone elses name, or, not a yes men hoax.

http://dealbook.nytimes.com/2011/09/...der-interview/

Or more bad info.
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Old 09-28-2011, 06:56 AM   #92
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hey Minte, look what I found in a 30 second google search:
http://online.wsj.com/article/SB123137375313762735.html
"""The Congressional Budget Office released its latest budget forecast yesterday, and we now really do have red ink as far as the eye can see. Thanks to a 6.6% decline in revenues due to recession, a spending increase of some $500 billion or 19%, and assorted federal bailouts, the U.S. deficit for fiscal 2009 (ending September 30) will nearly triple to $1.19 trillion. That's 8.3% of GDP, which CBO says "will most likely shatter the previous post-World War II record high of 6.0 percent posted in 1983." It certainly blows away any deficit this decade, not to mention the Reagan years when smaller deficits were the media cause celebre."""
http://en.wikipedia.org/wiki/2009_Un...federal_budget
2009 deficit spending: $1.4 trillion
http://en.wikipedia.org/wiki/2010_Un...federal_budget
2010 deficit spending: $1.17 trillion
http://en.wikipedia.org/wiki/2011_Un...federal_budget
2011 deficit spending: $1.6 trillion.
Minte, being a successful business owner, I'm sure you can do the math but indulge me.....
1.4 trillion plus 1.17 trillion plus 1.6 trillion = $4.17 trillion dollars obama has raised the debt by. faster than any other president in history.

so in conclusion, Minte, You are right.
don't bother arguing with me, you're right.
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Old 09-28-2011, 07:11 AM   #93
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hey Minte, look what I found in a 30 second google search:
http://online.wsj.com/article/SB123137375313762735.html
"""The Congressional Budget Office released its latest budget forecast yesterday, and we now really do have red ink as far as the eye can see. Thanks to a 6.6% decline in revenues due to recession, a spending increase of some $500 billion or 19%, and assorted federal bailouts, the U.S. deficit for fiscal 2009 (ending September 30) will nearly triple to $1.19 trillion. That's 8.3% of GDP, which CBO says "will most likely shatter the previous post-World War II record high of 6.0 percent posted in 1983." It certainly blows away any deficit this decade, not to mention the Reagan years when smaller deficits were the media cause celebre."""
http://en.wikipedia.org/wiki/2009_Un...federal_budget
2009 deficit spending: $1.4 trillion
http://en.wikipedia.org/wiki/2010_Un...federal_budget
2010 deficit spending: $1.17 trillion
http://en.wikipedia.org/wiki/2011_Un...federal_budget
2011 deficit spending: $1.6 trillion.
Minte, being a successful business owner, I'm sure you can do the math but indulge me.....
1.4 trillion plus 1.17 trillion plus 1.6 trillion = $4.17 trillion dollars obama has raised the debt by. faster than any other president in history.

so in conclusion, Minte, You are right.
don't bother arguing with me, you're right.


HAHAHAHAHAHAHAHAHAH..... I mean come on, you can't be that damn stupid... but I guess you are.

Fuck I have to laugh again... hahahaha.. wow, hahaha. You really showed your lack of education on this one. No wonder fox news can brainwash you idiots so fast...
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Old 09-28-2011, 07:13 AM   #94
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hahahahahaha...

Let's add up the total budget and say Obama spent that...

No way.. just no way, hahaha.
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Old 09-28-2011, 07:14 AM   #95
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hahahahaha... shit I can't stop laughing.
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Old 09-28-2011, 02:36 PM   #96
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hahahahahaha...

Let's add up the total budget and say Obama spent that...
It is a standard rhetorical technique, lies damned lies and statistics; and it would naturally be teaparty crack.

But just laughing at it is not rhetorically strong either.

Not that you have any chance of persuading or communicating with the teaparty anti-"hussein" crowd - but that's not the goal, and they aren't the target.
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Old 09-28-2011, 02:55 PM   #97
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It is a standard rhetorical technique, lies damned lies and statistics; and it would naturally be teaparty crack.

But just laughing at it is not rhetorically strong either.

Not that you have any chance of persuading or communicating with the teaparty anti-"hussein" crowd - but that's not the goal, and they aren't the target.
This is on NPR...serious leftwing the article was written in January of this year and at that time Obama's debt was $3.5T

http://www.npr.org/2011/01/25/133211...s-bush-on-debt

This is from CBS not quite as liberal as NPR but close. It was published a month ago.

http://www.cbsnews.com/8301-503544_1...04-503544.html

thedoc. Internet intellectuals don't impress anyone but other internet intellectuals.
Your lol posts say more than enough about where you are in the world.
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Old 09-28-2011, 05:16 PM   #98
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CNN seems to think Rastani is real, not a yes men prank. Someone there interviewed him - one would think if it was a yes men hoax that would have been confirmed by now.

He does not seem to be a very credible trader tho. He's an "amateur trader" - why the bbc interviewed him is to my mind the mystery of the day.

There's a video. He does not look or speak like Bichbaum.

http://www.cnn.com/2011/09/28/world/...-trader-viral/

Quote:
Firstly, Rastani is an amateur trader using his own money (as a "hobby", he has told other media) and he's not registered with the Financial Services Authority to trade other people's money. He doesn't claim otherwise, but there was a feeling after his first interview that he was some sort of suit from the City or Wall Street giving sage advice to his clients.

He does or can have other clients though. His website calls him a speaker and trainer of others who want to trade.

In my interview, Rastani said he does trade being prepared for a recession, but that as a "human being you don't want it. As a trader you think differently. You're going to have volatile... conditions to make money in that market."

He also said he was a religious man. He was also clearly nervous about the whole affair and was undecided for an hour to whether he should actually sit on our set for the interview. He said no a few times, before we sat down.

"The question is, why are they paying attention to this?" he asked. "In my opinion somebody out there doesn't want my voice to be heard and they want to attack me and damage me."

He talked of the 'Big Boys' being desperate to keep people like him from talking about the coming economic storm.

He admits there may be a book in the works, but one that focuses on traders whom he admires.

When I asked him if he was for real, he said he would not say things about the markets he did not truly believe. When I asked him if he is a member of the so-called "Yes-Men" who have faked TV interviews in the past, he would not say yes or no. "Let people believe what they want to," he said.

To my mind, he should have been touted up front as a guy who has strong opinions on the markets, but certainly not as a 'trader' or "investment adviser" in the classic sense. That does not make his view any more or less valid but, with that preamble, I don't think it would have gone viral.
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Old 09-28-2011, 05:28 PM   #99
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This is on NPR...serious leftwing the article was written in January of this year and at that time Obama's debt was $3.5T

http://www.npr.org/2011/01/25/133211...s-bush-on-debt

This is from CBS not quite as liberal as NPR but close. It was published a month ago.

http://www.cbsnews.com/8301-503544_1...04-503544.html
Let's see - is it worth my while to discuss this with you? You have basically just repeated the argument 12clicks made about gross numbers, without modifying it with the counterargument thedoc rather feebly made about the difference between gross numbers authorized by congress and specific numbers that could be extracted from bills obama wrote above and beyond the bills written by congress and past administrations.

Thing is, I despise that uncle tom obama, and I don't care what rhetorical trickery you use to attack him. I want him to lose in 2012, and you teaparty nutjobs to take over, because the shit is about to hit the fan and I would enjoy watching the party of no ideas getting stuck with the shitstorm.

Deficit spending doesn't matter in a time of massive planetary economic crisis - and the fact that your kind has been able to make people believe that it does furthers my interests, because your delusion will make the big collapse happen faster.

So, no, I don't care if you are able to baffle people with bullshit.

Now, if you started talking about the economy in a way that made any sense, I would get interested in discussing the pros and cons of whatever plan you described.

You can go ahead and pretend deficits are important - while rome burns.
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Old 09-28-2011, 05:37 PM   #100
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Funny how just a few years ago the Right were all behind Dick Cheney when he said, specifically, that deficits don't matter, but now that the Left is in the White House, it's the fucking end of the world!
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