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Dow Jones Breaks Record Under Socialist Obama
If I've learned anything from Fox News (and I haven't), it's that Obama set out to destroy Capitalism. Lolz.
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http://www.suntimes.com/business/199...irst-time.html http://arizonamun.org/mundi/wp-conte...a-party-11.jpg |
hip hip hurrah for printed money?
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i read that jobs are up and gas prices are down as well?
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According to Minte, who just expanded his business, Obama is bad for business.
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Let me know when he figures out how to strengthen the USD. Until that happens I don't care who's in office, they're all useless.
:D |
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careful, or your posts may start getting edited :winkwink: |
yup print print print
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The FED is printing money and it makes the Wall Street crooks go crazy. Simple as that. Just like how a single tweet crashed it, the opposite happens when money is created from nothing. Gives them a boner.
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sucks to be all the poors with no stocks...
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yeah obama started the war on terror :error wars cost
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Your life must suck.
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Seems all the countries are keeping their interest rates low. Will be interesting to see how this turns out and how long this can be kept up.
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yes yes profits are at an all time high EXCEPT if you had one million dollars in cash before 9/11 the exchange rate was 1200 euros for 1000$...now you get 769 euros for 1000$...
simple math you are 431 euros short on the same 1000$ or, in my one million $ example you are short a whopping 431000 euros since 9/11 so on one million $ you lost (at todays conversion rate) 567.000$...now in the USA a dollar is a dollar...but that same company is now 50% cheaper for foreigners to acquire being that the dollar dropped 50% on the euro since 9/11... using that logic I am a former billionaire LOL we had hyperinflation and I was actually a trillionaire...it did not make the economy any better or stronger... "all time profits" is relative... |
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But let's keep it real. The stock market gains don't effect very many people. Jobless rates are still way too high. Gas prices are way to high. Food prices are rising rapidly.. |
blame the black guy!
we get it problem is.. economy has been sliding for some time now, yes? |
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funny the focus of your answer
telling |
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http://4.bp.blogspot.com/--ctP0ss9KJ...and%2Bjobs.jpg http://2.bp.blogspot.com/-iqYqC11YpZ...%2Bdeficit.jpg http://4.bp.blogspot.com/-ZhvhWOj2Ay...96839c6977.jpg |
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Stop posting all those Gang Signs |
It's crazy how someone can attribute something like the Dow Jones being at a high level to Obama, as if he had something to do with it... lol
It's so high right now due to the Federal Reserve propping up the economy by introducing $85 Billion new dollars into the money supply each month. This charade can only go on for so long... |
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What? Trickle down is bullshit? |
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the famous "a dollar is a dollar inside the USA" short sighted argument... 1) your weak dollar may be good for export but you do not produce much these days do you? you have to take your weak dollar and pay outsourced work with it and this relies on 3rd world counties artificially pegging their currency against yours :1orglaugh not a solid long term foundation for the USA eh? 2) the US gov may be able to print money and dump it, but your corporations can not...their investment/buying power is linked to the weak US$ OR AT BEST profits they made abroad outside the USA like apple that keeps its foreign profit money abroad :2 cents: ....SURE they make bank ABROAD...BUT this money is now super expensive to bring back to the USA...this money has actually nothing to do with the USA its private and will be invested in more outsourcing...bright future eh? 3) your economy just got cheaper for the petro dollar crowd to buy...this is not good for your economy by any stretch of the imagination...your piece of the pie is getting smaller and smaller... you are like frank for bitcoins :1orglaugh no amount of logic and common sense can stand in the way of your faith in a sinking ship :1orglaugh |
stockexchange has its own economy, it not at all related anymore to the people economy, unemployment worldwide has never been higher, debts has never been higher, stockexchange has never been higher, be alert for the next big bubble, the stock bubble, dont say i didnt warn you.
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obama saves world asses
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.:2 cents: |
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Besides that lets not forget you can only say it was Obama fault if it's bad. That's the way it works in Rightyland. However anything that was bad during Bush's term was the Liberal controlled congress's fault. Don't you guys know anything... |
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horse and sparrow economics (1800s) Supply Side Economics (1920s-1950s) Trickle Down Economics (1960s+) |
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And I think you might be confused by the term "printing," only a tiny percentage of U.S. dollars in the total money supply are actual paper bills, the rest are simply digits on a computer screen which originate from the Federal Reserve, not the Treasury. So when you hear people talking about the Federal Reserve "printing" $85 Billion new dollars per month with their "quantatative easing" programs they are not talking about physical paper money. |
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need this, yes? tell me, what's it like being a big factory owner, coming to a board full of 'idiots', and telling them how much money they won't make? Feels good? |
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It's not a board full of idiots. There are many very bright people that post here. There are also still some very successful people that post here. What's it like not being a part of either of those groups. |
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btw: http://mozlo.com/gfy/cry-baby2.gif classy. |
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