Author Topic: +  (Read 1827 times)

Cholo4Life

  • Getbig II
  • **
  • Posts: 111
  • Team Myostatin Deficient
+
« on: July 11, 2013, 07:17:01 PM »
+

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39450
  • Doesnt lie about lifting.
Re: Markets are Soaring - Praise Obama!!!
« Reply #1 on: July 11, 2013, 07:51:10 PM »
The rich are getting richer.



Maybe the fact that Obama is a lame duck = good for the economy? 

dario73

  • Getbig V
  • *****
  • Posts: 6467
  • Getbig!
Re: Markets are Soaring - Praise Obama!!!
« Reply #2 on: July 12, 2013, 05:31:17 AM »
The rich are getting richer.


Didn't Obama criticize the GOP as being in the pockets of Wall Street, the wealthy and large banks?

How things have changed.

Then again, when the economy was doing much worse the mantra from the left was that the president has nothing to do with the economy. Now the president is worthy of all praise. HEHEHEHEHE! Libtards are a bunch of idiots.

LurkerNoMore

  • Getbig V
  • *****
  • Posts: 31073
  • Dumb people think Trump is smart.
Re: Markets are Soaring - Praise Obama!!!
« Reply #3 on: July 12, 2013, 06:41:02 AM »
 ::)

dario73

  • Getbig V
  • *****
  • Posts: 6467
  • Getbig!

LurkerNoMore

  • Getbig V
  • *****
  • Posts: 31073
  • Dumb people think Trump is smart.
Re: Markets are Soaring - Praise Obama!!!
« Reply #5 on: July 12, 2013, 07:01:43 AM »
Praise Obama for recovering the market from Bush's crash.

Soul Crusher

  • Competitors
  • Getbig V
  • *****
  • Posts: 39450
  • Doesnt lie about lifting.
Re: Markets are Soaring - Praise Obama!!!
« Reply #6 on: July 12, 2013, 07:08:19 AM »
Praise Obama for recovering the market from Bush's crash.

Fine than can we blame him for the jobless "recovery" too?

dario73

  • Getbig V
  • *****
  • Posts: 6467
  • Getbig!
Re: Markets are Soaring - Praise Obama!!!
« Reply #7 on: July 12, 2013, 07:09:12 AM »
Fine than can we blame him for the jobless "recovery" too?

HEHEHEEHE!


dario73

  • Getbig V
  • *****
  • Posts: 6467
  • Getbig!
Re: Markets are Soaring - Praise Obama!!!
« Reply #8 on: July 12, 2013, 07:14:14 AM »
Praise Obama for recovering the market from Bush's crash.

If this is the best Obama can do, bring back Bush's crash. Because the only thing that is better under Obama's economy is the stock market and that is only due the millions of dollars printed by the fed.

LurkerNoMore

  • Getbig V
  • *****
  • Posts: 31073
  • Dumb people think Trump is smart.
Re: Markets are Soaring - Praise Obama!!!
« Reply #9 on: July 12, 2013, 07:20:52 AM »
If this is the best Obama can do, bring back Bush's crash. Because the only thing that is better under Obama's economy is the stock market and that is only due the millions of dollars printed by the fed.

Stock market is better, housing market is booming, and the GOP is dying.  America is on the mend.

"HEHEHEHEHE"

Praise Obama.

loco

  • Getbig V
  • *****
  • Posts: 19094
  • loco like a fox
Re: Markets are Soaring - Praise Obama!!!
« Reply #10 on: July 12, 2013, 08:09:12 AM »
Praise Obama for recovering the market from Bush's crash.

Actually, Bill Clinton crashed the market, not Bush.  And Obama is now building up the same mess as Bill Clinton.

25 People to Blame for the Financial Crisis

Bill Clinton
"President Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods. It is the subject of heated political and scholarly debate whether any of these moves are to blame for our troubles, but they certainly played a role in creating a permissive lending environment."
http://www.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877322,00.html

George W. Bush
"From the start, Bush embraced a governing philosophy of deregulation. That trickled down to federal oversight agencies, which in turn eased off on banks and mortgage brokers. Bush did push early on for tighter controls over Fannie Mae and Freddie Mac, but he failed to move Congress. After the Enron scandal, Bush backed and signed the aggressively regulatory Sarbanes-Oxley Act. But SEC head William Donaldson tried to boost regulation of mutual and hedge funds, he was blocked by Bush's advisers at the White House as well as other powerful Republicans and quit. Plus, let's face it, the meltdown happened on Bush's watch."
http://www.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877320,00.html

Immediately after Bush took office in 2001, there was a recession.  Was this Bush's fault?  No, it was Clinton's fault.  Clinton left Bush a huge mess.

Clinton made it possible for derivative swaps to get out of control.  When warned that this would soon destroy the economy, Clinton ignored the warnings.  Now Obama is doing the same.  Recessions are only going to get worse and more frequent.

dario73

  • Getbig V
  • *****
  • Posts: 6467
  • Getbig!
Re: Markets are Soaring - Praise Obama!!!
« Reply #11 on: July 12, 2013, 08:49:45 AM »
Stock market is better, housing market is booming, and the GOP is dying.  America is on the mend.

"HEHEHEHEHE"

Praise Obama.

HEHEHEHEH. You are a moron.

Stock market doesn't reflect the economy and it is only higher due to the printing machine called Bernanke. Artificial stock market bubble.

Housing market booming? WHERE?

The current UE rate is higher than when Bush left office, 10 million people more on welfare and UE benefits than when Bush was in office. Less full time jobs, but more part-time jobs than when Bush was in office. The economy was never downgraded when Bush was in office. Cost of food and living expenses higher than when Bush was in office. Gasoline prices higher than when Bush left office. Obamacrapcare is such a bad legislation that Dems are afraid to implement it because when they do it will make premiums increase higher for businesses than if they would have left the system alone. And if businesses have to pay more for insurance, more people wmight get laid off and the "official" UE rate will be further away from the 5% UE rate that obama promised the stim bill would provide.

The GOP can die and it will die because most of America is made up of leeches, lib retards and economic idiots.

Over a trillion dollars in stimulus spending and 5 years later all that America has to show for it is a stockmarket bubble. Wait until the Fed has to stop printing and rates increase.  HEHEHEHE!

Those libtard economic policies are great. ::)

LurkerNoMore

  • Getbig V
  • *****
  • Posts: 31073
  • Dumb people think Trump is smart.
Re: Markets are Soaring - Praise Obama!!!
« Reply #12 on: July 12, 2013, 09:59:20 AM »
^^^ "HEHEHEHEE"

If the housing market isn't booming where you live, then you shouldn't live in a shitty area.  It went up 28% alone in 2012 here. 

"HEHEHEHEEE"

Guess you don't remember all the republicunts crying about the stock market and blaming Obama.  Way to step into the hypocrisy spotlight.

"HEHEHEHEHEEE"

The GOP will die because the future is bleak for religious idiots and tea whackos like yourself.

GigantorX

  • Getbig V
  • *****
  • Posts: 6370
  • GetBig's A-Team is the Light of Truth!
Re: Markets are Soaring - Praise Obama!!!
« Reply #13 on: July 12, 2013, 12:05:46 PM »
More people unemployed now than in 2008.

Majority of jobs created since the crisis are low wage, temp, retail and no benefit jobs.

Corporate earnings are being attained by cutting to the bone and on declining revenue.

The "Stock Market" lives and dies by the policies of the Federal Reserve. It really has no connection to the underlying, real economy, anymore.

This isn't a Left/Right thing, it's just a shitty thing.

As for the housing "boom,"  the %  increase is bid up by hedgefunds buying up mass properties, most of the starts are multi-domicile homes. Smoke and mirrors, you can flip and play the game but with mortgage applications collapsing....there isn't much underlying strength. For a real recovery to happen prices need to decline further so an average house can be had for a working families average salary. That wasn't allowed to happen and now that working families salary and income is a lower.

LurkerNoMore

  • Getbig V
  • *****
  • Posts: 31073
  • Dumb people think Trump is smart.
Re: Markets are Soaring - Praise Obama!!!
« Reply #14 on: July 12, 2013, 12:09:02 PM »
Can't see the market prices going down any here in the future.  People are already paying over the listing price for homes as soon as they hit the market.

GigantorX

  • Getbig V
  • *****
  • Posts: 6370
  • GetBig's A-Team is the Light of Truth!
Re: Markets are Soaring - Praise Obama!!!
« Reply #15 on: July 12, 2013, 02:28:28 PM »
Can't see the market prices going down any here in the future.  People are already paying over the listing price for homes as soon as they hit the market.

Hey man, I hear you as I'm a "homeowner," as well.

At this point, though, another housing bubble doesn't mean much for the broader economy.

The Enigma

  • Getbig IV
  • ****
  • Posts: 1486
  • Porsche 911 Turbo Carerra. My reality, your dream.
Re: Markets are Soaring - Praise Obama!!!
« Reply #16 on: July 12, 2013, 03:42:08 PM »
The rich are getting richer.




Damn right!!

FUBB   :-*

Shockwave

  • Getbig V
  • *****
  • Posts: 20807
  • Decepticons! Scramble!
Re: Markets are Soaring - Praise Obama!!!
« Reply #17 on: July 12, 2013, 04:19:16 PM »

Damn right!!

FUBB   :-*
why would you tell benny b to fuck himself? I though you were benny b?