This system is going to collapse. It's just a matter of time.
Since when do poor people invest in the market?
Seriously. who cares. The stock market is a billionaires playground. Once you know the right people you can make money in it, otherwise who the fuck cares.
Like I said many times before. A company that makes $10,000 a year but is worth $1million on the stock market is bullshit. The whole system is bullshit.
fucking obama. fuck ing idiot needs to buy more stock to pull the market up,
Seriously. who cares. The stock market is a billionaires playground. Once you know the right people you can make money in it, otherwise who the fuck cares.
Like I said many times before. A company that makes $10,000 a year but is worth $1million on the stock market is bullshit. The whole system is bullshit.
;D ;D ;D ;D ;D ;D I'm sure it's Obama's fault, and it absolutely does not have ANYTHING to do with the fact Europe is in deep doodoo and the world in general is in pretty bad shape economically speaking. :D:o Oh God, it's the end of the world, RUUUUUUUUUUNNN!!!!!!!! ::)
:o :o
::)
...F-in idiots:(
blame BP, that is the real reason. You and drill baby drill, what idiocy to think a company will actually look into safety and try and prevent disaster if the only fine they can get is 75 million, we need more government intervention, not less, less is what led to this disaster.
I'm poor again. :'(
Its both but mostly the US because of no confidence and Obama and his useless band of idiots don't make it any better.Would shut the hell up with this Obama garbage, You voted for Bush we get it. Just because Bush was clearly a idiot don't try to put Obama on that scale. Sure he's nothing amazing, he's just a guy, but we do have to spend, and we all have to pay off massive debts, and we all gotta stimulate the economy. It's a big fuckery game. The republicans are the ones that started this mess. Not that i'd ever vote for either of your clown parties but that's what it is.
Would shut the hell up with this Obama garbage, You voted for Bush we get it. Just because Bush was clearly a idiot don't try to put Obama on that scale. Sure he's nothing amazing, he's just a guy, but we do have to spend, and we all have to pay off massive debts, and we all gotta stimulate the economy. It's a big fuckery game. The republicans are the ones that started this mess. Not that i'd ever vote for either of your clown parties but that's what it is.
Long short answer is it's complicated. Your economy needs to go through a large transition, to ever function properly. You got over 30 years of lapse managing of the banks. Just look at your neighbors to the north. They got fixed liquidity of their banks which clearly needs to be must at this point. Not that i'd ever wanna live in a socialist state.
That's okay, Bay. It's not like someone will judge you by your credit score or anything. ;)
Yes, they will. Fortunately, my credit score remains excellent. 8)
Would shut the hell up with this Obama garbage, You voted for Bush we get it. Just because Bush was clearly a idiot don't try to put Obama on that scale. Sure he's nothing amazing, he's just a guy, but we do have to spend, and we all have to pay off massive debts, and we all gotta stimulate the economy. It's a big fuckery game. The republicans are the ones that started this mess. Not that i'd ever vote for either of your clown parties but that's what it is.
Long short answer is it's complicated. Your economy needs to go through a large transition, to ever function properly. You got over 30 years of lapse managing of the banks. Just look at your neighbors to the north. They got fixed liquidity of their banks which clearly needs to be must at this point. Not that i'd ever wanna live in a socialist state.
At what point does it stop being Bush's fault and starts being Obama's fault?Well the blame game is usually quite pointless on the scale of a global meltdown, however bush is a bit of an exception. He waged the USA, into 2 wars, that cost more than the bailout itself. I could go on and on about how him and his small group of friends did a massive amount of damage. Obama has done very little in either direction, he's simply doing what he's told will stop catastrophe. I'm not defending Obama he's just another prick in Office. However Bush was clearly one of the most amateur presidents ever.
Well the blame game is usually quite pointless on the scale of a global meltdown, however bush is a bit of an exception. He waged the USA, into 2 wars, that cost more than the bailout itself. I could go on and on about how him and his small group of friends did a massive amount of damage. Obama has done very little in either direction, he's simply doing what he's told will stop catastrophe. I'm not defending Obama he's just another prick in Office. However Bush was clearly one of the most amateur presidents ever.
At what point does it stop being Bush's fault and starts being Obama's fault?
"Bush was one of the most amaturish presidents ever" yeah, it really sucked when unemployment was 4% the market was at 14000!!
Seriously. who cares. The stock market is a billionaires playground. Once you know the right people you can make money in it, otherwise who the fuck cares.
Like I said many times before. A company that makes $10,000 a year but is worth $1million on the stock market is bullshit. The whole system is bullshit.
"Bush was one of the most amaturish presidents ever" yeah, it really sucked when unemployment was 4% the market was at 14000!!
the market does well and people have jobs when there are 2 wars going on at once.
the best way to save any economy (for a couple of years) is to start a war.
history shows the best way to get out of any recession/depression is to start a war.
The problem is, it's not sustainable. You have to end the war and TAKE a ton of prize from the loser, or you end up in a deeper hole than before. We coudlnt exactly screw Iraq like we did GER at the end of WWI and WWII... If we could, if it was "USA OIL" on their refineries, we'd be going great $$$ right now. However, pre-emptive wars for "WMD" mean you can't just slice up the country's resources like we did before when GER and JAP outright attacked.
Just a matter of time...a matter of time...*insert evil echoing laugh*
"Bush was one of the most amaturish presidents ever" yeah, it really sucked when unemployment was 4% the market was at 14000!!
our entire economy is built upon a flawed premise and nobody wants to acknowledge it (those who realize it)
"Bush was one of the most amaturish presidents ever" yeah, it really sucked when unemployment was 4% the market was at 14000!!
Were you even born then? Even if you were you're an idiot. About the last year and half of Clintons presidency we were heading into a resession, Bush was the one who pulled us out and also had the biggest up swing in 20 years, we even had growth during wartime.
It's one thing for a coterie of liberals at a late-night Washington soirée to say that George W. Bush was the worst president in their lifetimes.
It's another thing when the same is said by the nation's 238 leading presidential scholars, who have been polled annually for the last 28 years.
President Bush ranked worst among modern presidents -- and the fifth worst in history, according to the poll by the Siena Research Institute. Ranking first? President Franklin Delano Roosevelt, who led the country from 1933 until his death in 1945.
President Roosevelt served four terms, the longest of any president in history. US presidents became limited to two terms after US states ratified the 22nd Amendment to the US constitution in 1951.
President Barack Obama, who hasn't yet served a full term, rated 15th.
Biggest up swings into the biggest down swing all in one term. That's fucking historical.
FYI:
http://rawstory.com/rs/2010/0701/nations-leading-presidential-scholars-bush-worst-president-modern-era-5th-worst-history/
buy silverAre you buying physical silver or silver shares?
Were you even born then? Even if you were you're an idiot. About the last year and half of Clintons presidency we were heading into a resession, Bush was the one who pulled us out and also had the biggest up swing in 20 years, we even had growth during wartime.
Are you buying physical silver or silver shares?
Yes, because he and bigger government are doing such a great job now.....shoot yourself traitor!
he hasn't had time to even get bigger gov't to what it should be! Healthcare still needs to come into effect, and he has to sign into the wall street bill, cap and trade, and tons of other stuff, it hasn't even begun, when it does the country will bounce back.
You mean the flawed premise of capitalism that has been successful in our country for some 230 years that made us the economic superpower we are? (or should I say was) you mean that flawed premise? There are flaws in EVERY system, some just work a lot better than others!!
flawed premise: laizzes faire : "hands off"
the markets must be regulated
Not saying they shouldn't have some regulation, they should but not to this extent or the extent Obama wants. The government fucks up 90% of everything they get their hands on. I suppose you think government should take over the markets completely?
Goldman Sachs (obama's largest campaign contributor) were positive on trading 63 days in a row. that's some pretty good speculating.
Yes..that is interesting. How did everything else do during that time period?