koalabear
~Armed and Fuzzy~
- Joined
- Mar 14, 2001
- Posts
- 101,964
DOW down 200 points, loss of conviction.
Maybe Oblamer will give another speech.
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DOW down 200 points, loss of conviction.
At time of crisis, Obama plays politics
Updated: 08/09/2011 02:37 ET
DOW 10,806.82 -3.03
The House passed Cut Cap and Balance, the Democrat Senate voted against it, if they would have passed it, we wouldn't have had a downgrade. It is the intransigence of Democrats that is to blame. Own it.
Updated: 08/09/2011 04:38 ET
DOW 11,239.77 +429.92
Gold (-GC) futures hit a record Tuesday at $1,778 as the chaos continued in global markets, and analysts said the precious metal may be headed even higher. But gold settled back to $1,752 in midday trading as investors showed renewed interest in the stock market.
The new push for gold means that the world's biggest exchange-traded fund could soon be the SPDR Gold Shares (GLD), which took in $1.3 billion in new assets in just one day Monday.
Waiting game, see which market runs.
That must have been an awful speech that had America's investors losing all faith in Obama. I mean just look at the plummet today.
I wonder how many wingnuts on here are currently buying gold... Anyone man enough to admit it?
Trick question, I know.
Only Chihuahuas like you would be buying it now.
I wonder how many wingnuts on here are currently buying gold... Anyone man enough to admit it?
Trick question, I know.
So are you a chihuahua, or do you think that we've reached the worst of it, and everything is going to get better from here?
Glen beck still indicates on his website that you should buy gold... Don't you trust glen beck?
The House passed Cut Cap and Balance, the Democrat Senate voted against it, if they would have passed it, we wouldn't have had a downgrade. It is the intransigence of Democrats that is to blame. Own it.
Oh, so if the Democratic Senate and Democratic President just did everything Republicans wanted everything would be fine. Democrats should compromise but Republicans "stick to their values".
You do realize that Cut, Cap, and Balance didn't come with a balanced budget amendment, right? It merely said that one should be voted on, though not even that was legally binding. You can't pass a bill that forces the Senate to take up a bill it doesn't want to. Regardless that's 67 senate votes needed when most analysts think there are only about 35.
What keeps those countries who would like to see the end of ours by military means are held in check? It's not the might of our armed forces, troops, but by the threat of utter annihilation worse than Japan suffered at the end of WWII. We are, after all, the only country to ever actually use a nuclear weapon against anyone. Which makes it kind of ironic that we assume to tell other countries they can't have them because they might use them.. All the while maintaining enough nuclear firepower to end the world as we know it.
Oh, so if the Democratic Senate and Democratic President just did everything Republicans wanted everything would be fine. Democrats should compromise but Republicans "stick to their values".
Wow, Merc, after 214 pages you finally are starting to get the fucking message? Whoa.
That's exactly right, dude. If the Republicans had gotten everything they wanted, the current market crash wouldn't have occurred. Only the dems shouldn't just compromise, they should fucking ACTIVELY COLLABORATE with the Republicans to save the country. It's not rocket science. The cure to our economic woes is well understood. It just takes grown ups to put aside their ideological teddy bears and safety blankets long enough to JUST DO IT.
Let's put it in a way you Union thugs can understand: Capital is on strike in America. The investors have fucking had it with fantasy-land debt levels. Investors are saying to Obama and his policies: GO FUCK YOURSELF AND THE PARTY YOU RODE IN ON.
Businesses aren't hiring. They're on strike. Consumer's aren't buying. They're on strike. Foreign money is leaving. They're on strike.
Until the fucking Obama management team ponies up to the table with a REAL plan to return this country to prosperity. WE'RE ALL ON STRIKE.